XTRA:WDI

Stock Analysis Report

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Executive Summary

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payments worldwide. More Details


Snowflake Analysis

Very undervalued with outstanding track record and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-7.2%

WDI

-8.7%

DE IT

-1.9%

DE Market


1 Year Return

-99.4%

WDI

35.4%

DE IT

0.1%

DE Market

Return vs Industry: WDI underperformed the German IT industry which returned 49.3% over the past year.

Return vs Market: WDI underperformed the German Market which returned 6.9% over the past year.


Shareholder returns

WDIIndustryMarket
7 Day-7.2%-8.7%-1.9%
30 Day-32.8%-9.3%0.4%
90 Day-96.7%-20.1%-0.5%
1 Year-99.4%-99.4%36.7%35.4%3.3%0.1%
3 Year-98.8%-98.9%70.4%63.2%-0.2%-9.0%
5 Year-97.8%-97.9%43.1%37.2%21.4%4.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WDI (€0.86) is trading below our estimate of fair value (€66.74)

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


Price To Earnings Ratio

PE vs Industry: WDI is good value based on its PE Ratio (0.2x) compared to the DE IT industry average (29.5x).

PE vs Market: WDI is good value based on its PE Ratio (0.2x) compared to the German market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: WDI is good value based on its PEG Ratio (0x)


Price to Book Ratio

PB vs Industry: WDI is good value based on its PB Ratio (0x) compared to the DE IT industry average (3.8x).


Next Steps

Future Growth

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

27.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WDI's forecast earnings growth (27% per year) is above the savings rate (0.2%).

Earnings vs Market: WDI's earnings (27% per year) are forecast to grow slower than the German market (27.6% per year).

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

Revenue vs Market: WDI's revenue (20.7% per year) is forecast to grow faster than the German market (6% per year).

High Growth Revenue: WDI's revenue (20.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WDI's Return on Equity is forecast to be high in 3 years time (23.7%)


Next Steps

Past Performance

How has Wirecard performed over the past 5 years?

27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WDI has high quality earnings.

Growing Profit Margin: WDI's current net profit margins (18.6%) are higher than last year (17.6%).


Past Earnings Growth Analysis

Earnings Trend: WDI's earnings have grown significantly by 27.1% per year over the past 5 years.

Accelerating Growth: WDI's earnings growth over the past year (41.7%) exceeds its 5-year average (27.1% per year).

Earnings vs Industry: WDI earnings growth over the past year (41.7%) exceeded the IT industry -15.3%.


Return on Equity

High ROE: WDI's Return on Equity (20.8%) is considered high.


Next Steps

Financial Health

How is Wirecard's financial position?


Financial Position Analysis

Short Term Liabilities: WDI's short term assets (€5.0B) exceed its short term liabilities (€2.8B).

Long Term Liabilities: WDI's short term assets (€5.0B) exceed its long term liabilities (€1.9B).


Debt to Equity History and Analysis

Debt Level: WDI's debt to equity ratio (77.1%) is considered high.

Reducing Debt: WDI's debt to equity ratio has increased from 9.5% to 77.1% over the past 5 years.

Debt Coverage: WDI's debt is well covered by operating cash flow (61%).

Interest Coverage: WDI's interest payments on its debt are well covered by EBIT (27.1x coverage).


Balance Sheet


Next Steps

Dividend

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

23.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WDI's dividend (23.17%) is higher than the bottom 25% of dividend payers in the German market (1.17%).

High Dividend: WDI's dividend (23.17%) is in the top 25% of dividend payers in the German market (3.64%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (5.1%), WDI's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WDI's dividends in 3 years are forecast to be thoroughly covered by earnings (6.2% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Wirecard has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Iris Stöckl
Vice President of Corporate Communications & IRno datano datano data
Bradley Fauss
General Counsel3.33yrsno datano data
Jörg Möller
Executive Vice President Sales Travelno datano datano data
Carlos Häuser
Executive Vice President of Payment & Risk Servicesno datano datano data
Brigitte Häuser-Axtner
Executive Vice President of Sales Digital no datano datano data
Christian Reindl
Executive Vice President of Sales - Consumer Goods20.67yrsno datano data
Linda Früh
Head of Platform Development & Innovationsno datano datano data
Georg von Waldenfels
Executive Vice President of Consumer Solutionsno datano datano data
Jorn Leogrande
Executive Vice President of Wirecard Innovation Labsno datano datano data
Deirdre Ives
Managing Directorno datano datano data
Markus Eichinger
Executive Vice President of Group Strategy2.42yrsno datano data
Seth Brennan
Managing Director & Chief Operating Officer of North Americano datano datano data

3.3yrs

Average Tenure

Experienced Management: WDI's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Eichelmann
Chairman of the Supervisory Board0.67yrno datano data
Wulf Matthias
Independent Member of Supervisory Board12.67yrs€316.00kno data
Stefan Klestil
Independent Deputy Chairman of the Supervisory Boardno data€186.00kno data
Anastassia Lauterbach
Independent Member of Supervisory Board2.25yrs€65.00kno data
Vuyiswa M'Cwabeni
Independent Member of Supervisory Board4.25yrs€131.00kno data
Samuel Merksamer
Member of Supervisory Board0.25yrno datano data

2.3yrs

Average Tenure

53yo

Average Age

Experienced Board: WDI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Wirecard AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wirecard AG
  • Ticker: WDI
  • Exchange: XTRA
  • Founded: 1999
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: €105.537m
  • Shares outstanding: 122.26m
  • Website: https://www.wirecard.com

Number of Employees


Location

  • Wirecard AG
  • Einsteinring 35
  • Aschheim
  • Bavaria
  • 85609
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WDIDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2000
WDIXTRA (XETRA Trading Platform)YesCommon StockDEEUROct 2000
0O8XLSE (London Stock Exchange)YesCommon StockGBEUROct 2000
WRCD.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2000
WDIDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEUROct 2000
WDISWX (SIX Swiss Exchange)YesCommon StockCHCHFOct 2000
WDIWBAG (Wiener Boerse AG)YesCommon StockATEUROct 2000
WDIETLX (Eurotlx)YesCommon StockITEUROct 2000
WCAG.YOTCPK (Pink Sheets LLC)UNSPON ADR EACH REPR 0.5 ORD EUR0.00USUSDSep 2013
WDIADB (Deutsche Boerse AG)UNSPON ADR EACH REPR 0.5 ORD EUR0.00DEEURSep 2013

Biography

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payments worldwide. The company operates in three segments: Payment Processing & Risk Management, Acquiring ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/17 02:59
End of Day Share Price2020/09/16 00:00
Earnings2019/09/30
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.