DB:FPE3

Stock Analysis Report

Executive Summary

Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Fuchs Petrolub's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

FPE3

3.9%

DE Chemicals

2.4%

DE Market


1 Year Return

-14.4%

FPE3

-3.3%

DE Chemicals

4.9%

DE Market

Return vs Industry: FPE3 underperformed the German Chemicals industry which returned -3.3% over the past year.

Return vs Market: FPE3 underperformed the German Market which returned 4.9% over the past year.


Shareholder returns

FPE3IndustryMarket
7 Day0.6%3.9%2.4%
30 Day2.6%4.1%2.3%
90 Day-2.7%2.8%2.7%
1 Year-12.0%-14.4%0.5%-3.3%8.2%4.9%
3 Year-8.8%-14.6%-1.9%-11.2%18.3%8.0%
5 Year33.0%19.3%25.6%6.4%44.2%24.6%

Price Volatility Vs. Market

How volatile is Fuchs Petrolub's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fuchs Petrolub undervalued compared to its fair value and its price relative to the market?

23.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FPE3 (€35.02) is trading below our estimate of fair value (€45.47)

Significantly Below Fair Value: FPE3 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FPE3 is good value based on its PE Ratio (18.5x) compared to the Chemicals industry average (20.5x).

PE vs Market: FPE3 is good value based on its PE Ratio (18.5x) compared to the German market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: FPE3 is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: FPE3 is overvalued based on its PB Ratio (3.4x) compared to the DE Chemicals industry average (1.7x).


Next Steps

Future Growth

How is Fuchs Petrolub forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

7.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FPE3's forecast earnings growth (7.8% per year) is above the savings rate (0.2%).

Earnings vs Market: FPE3's earnings (7.8% per year) are forecast to grow slower than the German market (12.8% per year).

High Growth Earnings: FPE3's earnings are forecast to grow, but not significantly.

Revenue vs Market: FPE3's revenue (3.5% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: FPE3's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FPE3's Return on Equity is forecast to be low in 3 years time (14.6%).


Next Steps

Past Performance

How has Fuchs Petrolub performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FPE3's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: FPE3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FPE3 had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Chemicals industry average (-5.5%).


Return on Equity

High ROE: FPE3's Return on Equity (18.1%) is considered low.


Return on Assets

ROA vs Industry: FPE3 has a higher Return on Assets than the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: FPE3's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Fuchs Petrolub's financial position?


Financial Position Analysis

Short Term Liabilities: FPE3's short term assets (€953.0M) exceeds its short term liabilities (€375.0M)

Long Term Liabilities: FPE3's short term assets (953.0M) exceeds its long term liabilities (88.0M)


Debt to Equity History and Analysis

Debt Level: FPE3's debt to equity ratio (1.3%) is considered satisfactory

Reducing Debt: FPE3's debt to equity ratio has increased from 1.3% to 1.3% over the past 5 years.

Debt Coverage: FPE3's debt is well covered by operating cash flow (1226.3%).

Interest Coverage: FPE3's interest payments on its debt are well covered by EBIT (160.5x coverage).


Balance Sheet

Inventory Level: FPE3 has a high level of physical assets or inventory.

Debt Coverage by Assets: FPE3's debt is covered by short term assets (assets are 50.157890x debt).


Next Steps

Dividend

What is Fuchs Petrolub's current dividend yield, its reliability and sustainability?

2.74%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.5%markettop25%3.8%industryaverage4.0%forecastin3Years2.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: FPE3's dividend (2.74%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: FPE3's dividend (2.74%) is low compared to the top 25% of dividend payers in the German market (3.79%).

Stable Dividend: FPE3's dividends per share have been stable in the past 10 years.

Growing Dividend: FPE3's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (50.8%), FPE3's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FPE3's dividends in 3 years are forecast to be covered by earnings (56% payout ratio).


Next Steps

Management

What is the CEO of Fuchs Petrolub's salary, the management and board of directors tenure and is there insider trading?

10.8yrs

Average management tenure


CEO

Stefan Fuchs (51yo)

15.8yrs

Tenure

€2,646,000

Compensation

Mr. Stefan Rudolf Fuchs has been the Chairman of Executive Board at Fuchs Petrolub SE since January 2004 and Member of the Executive Board since 1999. He serves Chief Executive Officer of Region North and  ...


CEO Compensation Analysis

Compensation vs. Market: Stefan's total compensation ($USD2.95M) is about average for companies of similar size in the German market ($USD3.65M).

Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.


Management Age and Tenure

10.8yrs

Average Tenure

55yo

Average Age

Experienced Management: FPE3's management team is seasoned and experienced (10.8 years average tenure).


Board Age and Tenure

2.4yrs

Average Tenure

62yo

Average Age

Experienced Board: FPE3's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Stefan Fuchs (51yo)

    Chairman of Executive Board & CEO

    • Tenure: 15.8yrs
    • Compensation: €2.65m
  • Alf Untersteller

    Head of Turkey

    • Tenure: 0yrs
  • Ralph Rheinboldt (52yo)

    Head of Europe Region

    • Tenure: 10.8yrs
    • Compensation: €1.46m
  • Lutz Lindemann (59yo)

    CTO & Member of the Executive Board

    • Tenure: 10.8yrs
    • Compensation: €1.52m
  • Klaus Hartig (55yo)

    Head of East Asia

    • Tenure: 0yrs
  • Reiner Schmidt (60yo)

    Head of Finance

    • Tenure: 0yrs
  • Bernhard Biehl

    Head of LUBRITECH Division

    • Tenure: 0yrs
  • Dagmar Steinert (55yo)

    CFO & Member of Executive Board

    • Tenure: 3.8yrs
    • Compensation: €1.42m
  • Thomas Altmann

    Head of Investor Relations

    • Tenure: 0yrs
  • Timo Reister (40yo)

    Head of Asia-Pacific & Africa Region and Member of Executive Board

    • Tenure: 3.8yrs
    • Compensation: €1.42m

Board Members

  • Erhard Schipporeit (70yo)

    Deputy Chairman of the Supervisory Board

    • Tenure: 2.4yrs
    • Compensation: €184.00k
  • Ingeborg Neumann (62yo)

    Member of Supervisory Board

    • Tenure: 4.4yrs
    • Compensation: €109.00k
  • Kurt Bock (61yo)

    Chairman of Supervisory Board

    • Tenure: 0.4yrs
  • Manfred Fuchs (80yo)

    Honorary Chairman of Supervisory Board

    • Tenure: 2.4yrs
    • Compensation: €56.00k
  • Lars-Eric Reinert (50yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 11.5yrs
    • Compensation: €90.00k
  • Horst Münkel (63yo)

    Employee Representative Member of the Supervisory Board

    • Tenure: 9.8yrs
    • Compensation: €90.00k
  • Susanne Fuchs (55yo)

    Member of Supervisory Board

    • Tenure: 2.4yrs
    • Compensation: €119.00k

Company Information

Fuchs Petrolub SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fuchs Petrolub SE
  • Ticker: FPE3
  • Exchange: DB
  • Founded: 1931
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: €4.728b
  • Shares outstanding: 139.00m
  • Website: https://www.fuchs.com/group

Number of Employees


Location

  • Fuchs Petrolub SE
  • Friesenheimer Strasse 17
  • Mannheim
  • 68169
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FUPE.FOTCPK (Pink Sheets LLC)Common StockUSUSDJan 1992
FPEDB (Deutsche Boerse AG)Common StockDEEURJan 1992
FPE3SWX (SIX Swiss Exchange)YesPreferred StockCHCHFJan 1992
FPEXTRA (XETRA Trading Platform)Common StockDEEURJan 1992
0B4RLSE (London Stock Exchange)Common StockGBEURJan 1992
0LCRLSE (London Stock Exchange)YesPreferred StockGBEURJan 1992
FPE3DB (Deutsche Boerse AG)YesPreferred StockDEEURJan 1992
FPE3XTRA (XETRA Trading Platform)YesPreferred StockDEEURJan 1992
FPEDBATS-CHIXE (BATS 'Chi-X Europe')Common StockGBEURJan 1992
FPE3DBATS-CHIXE (BATS 'Chi-X Europe')YesPreferred StockGBEURJan 1992
FPE3WBAG (Wiener Boerse AG)YesPreferred StockATEURJan 1992
FUPB.YOTCPK (Pink Sheets LLC)ADR EACH REPR 1/4 ORD SHS UNSPUSUSDNov 2011
FPE4BST (Boerse-Stuttgart)ADR EACH REPR 1/4 ORD SHS UNSPDEEURNov 2011

Biography

Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricant ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:34
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.