XTRA:AEIN

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Allgeier SE provides information technology (IT) solutions and services in Germany. More Details


Snowflake Analysis

Solid track record with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AEIN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.4%

AEIN

-7.6%

DE IT

-7.3%

DE Market


1 Year Return

115.8%

AEIN

22.0%

DE IT

-7.7%

DE Market

Return vs Industry: AEIN exceeded the German IT industry which returned 24.6% over the past year.

Return vs Market: AEIN exceeded the German Market which returned -6.6% over the past year.


Shareholder returns

AEINIndustryMarket
7 Day-4.4%-7.6%-7.3%
30 Day-0.4%-15.1%-7.7%
90 Day19.0%-27.4%-4.5%
1 Year117.7%115.8%23.2%22.0%-4.8%-7.7%
3 Year136.1%125.4%58.6%51.8%-9.2%-17.2%
5 Yearn/a29.4%24.0%11.4%-4.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

47.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AEIN (€52) is trading below our estimate of fair value (€99.69)

Significantly Below Fair Value: AEIN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AEIN is poor value based on its PE Ratio (25.2x) compared to the DE IT industry average (24.5x).

PE vs Market: AEIN is poor value based on its PE Ratio (25.2x) compared to the German market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: AEIN is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: AEIN is overvalued based on its PB Ratio (4.2x) compared to the DE IT industry average (3.1x).


Next Steps

Future Growth

How is Allgeier forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

27.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AEIN's forecast earnings growth (27.5% per year) is above the savings rate (0.2%).

Earnings vs Market: AEIN's earnings (27.5% per year) are forecast to grow faster than the German market (25.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AEIN's revenue (6.5% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: AEIN's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AEIN's Return on Equity is forecast to be low in 3 years time (17.4%).


Next Steps

Past Performance

How has Allgeier performed over the past 5 years?

48.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEIN has high quality earnings.

Growing Profit Margin: AEIN's current net profit margins (2.9%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: AEIN has become profitable over the past 5 years, growing earnings by 48.3% per year.

Accelerating Growth: AEIN's earnings growth over the past year (802.2%) exceeds its 5-year average (48.3% per year).

Earnings vs Industry: AEIN earnings growth over the past year (802.2%) exceeded the IT industry 7.6%.


Return on Equity

High ROE: AEIN's Return on Equity (17.1%) is considered low.


Next Steps

Financial Health

How is Allgeier's financial position?


Financial Position Analysis

Short Term Liabilities: AEIN's short term assets (€291.6M) exceed its short term liabilities (€182.1M).

Long Term Liabilities: AEIN's short term assets (€291.6M) exceed its long term liabilities (€264.9M).


Debt to Equity History and Analysis

Debt Level: AEIN's debt to equity ratio (111.8%) is considered high.

Reducing Debt: AEIN's debt to equity ratio has increased from 108.3% to 111.8% over the past 5 years.

Debt Coverage: AEIN's debt is well covered by operating cash flow (59.5%).

Interest Coverage: AEIN's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Allgeier current dividend yield, its reliability and sustainability?

0.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AEIN's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.28%).

High Dividend: AEIN's dividend (0.96%) is low compared to the top 25% of dividend payers in the German market (3.89%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AEIN has been paying a dividend for less than 10 years.

Growing Dividend: AEIN has only been paying a dividend for 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.2%), AEIN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AEIN's dividends in 3 years are forecast to be well covered by earnings (16.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Carl Dürschmidt

no data

Tenure

Mr. Carl Georg Dürschmidt serves as Chairman of the Management Board and Chief Executive Officer at Allgeier SE. Mr. Dürschmidt served as Chairman of the Supervisory Board of Allgeier Holding AG since June ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Allgeier SE
  • Ticker: AEIN
  • Exchange: XTRA
  • Founded: 1977
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €581.550m
  • Shares outstanding: 11.18m
  • Website: https://www.allgeier.com

Number of Employees


Location

  • Allgeier SE
  • Wehrlestrasse 12
  • Munich
  • Bavaria
  • 81679
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0RUMLSE (London Stock Exchange)YesRegistered SharesGBEUROct 2017
AEINDB (Deutsche Boerse AG)YesRegistered SharesDEEUROct 2017
AEINXTRA (XETRA Trading Platform)YesRegistered SharesDEEUROct 2017
AEINDBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEUROct 2017

Biography

Allgeier SE provides information technology (IT) solutions and services in Germany. It offers personnel services; and software lifecycle services, including business analysis, application development, soft ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 21:44
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.