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Landis+Gyr Group

DB:4LG
Snowflake Description

Excellent balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
4LG
DB
CHF2B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Landis+Gyr Group AG provides metering solutions for electricity, heat/cold, and gas utilities worldwide. The last earnings update was 178 days ago. More info.


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4LG Share Price and Events
7 Day Returns
0.3%
DB:4LG
1.6%
DE Electronic
1.8%
DE Market
1 Year Returns
-6.6%
DB:4LG
-0.2%
DE Electronic
-6%
DE Market
4LG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Landis+Gyr Group (4LG) 0.3% 7.9% 16.7% -6.6% - -
DE Electronic 1.6% 7% 19.8% -0.2% 98.5% 105%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • 4LG underperformed the Electronic industry which returned -0.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

4LG Value

 Is Landis+Gyr Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Landis+Gyr Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Landis+Gyr Group.

DB:4LG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:4LG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 18%) (7.84%))
1.091
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.091 * 5.96%)
6.73%

Discounted Cash Flow Calculation for DB:4LG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Landis+Gyr Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:4LG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.73%)
2019 100.63 Analyst x3 94.28
2020 110.73 Analyst x3 97.21
2021 113.00 Analyst x2 92.94
2022 114.68 Est @ 1.49% 88.37
2023 115.95 Est @ 1.11% 83.72
2024 116.93 Est @ 0.85% 79.10
2025 117.71 Est @ 0.66% 74.60
2026 118.33 Est @ 0.53% 70.27
2027 118.85 Est @ 0.44% 66.13
2028 119.30 Est @ 0.38% 62.19
Present value of next 10 years cash flows $808.80
DB:4LG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $119.30 × (1 + 0.23%) ÷ (6.73% – 0.23%)
$1,838.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,838.55 ÷ (1 + 6.73%)10
$958.41
DB:4LG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $808.80 + $958.41
$1,767.21
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,767.21 / 29.51
$68.95
DB:4LG Discount to Share Price
Calculation Result
Exchange Rate USD/CHF
(Reporting currency to currency of SWX:LAND)
1.014
Value per Share
(CHF)
= Value per Share in USD x Exchange Rate (USD/CHF)
= $59.9 x 1.014
CHF60.73
Non-primary Listing Adjustment Factor 1 share in DB:4LG represents 0.86861x of SWX:LAND
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.86861x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 60.73 x 0.86861
€52.75
Value per share (EUR) From above. €52.75
Current discount Discount to share price of €59.50
= -1 x (€59.50 - €52.75) / €52.75
-12.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Landis+Gyr Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Landis+Gyr Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Landis+Gyr Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:4LG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $3.41
SWX:LAND Share Price ** SWX (2019-04-18) in CHF CHF68.5
SWX:LAND Share Price converted to USD reporting currency Exchange rate (CHF/ USD) 0.986 $67.56
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Landis+Gyr Group.

DB:4LG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:LAND Share Price ÷ EPS (both in USD)

= 67.56 ÷ 3.41

19.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landis+Gyr Group is good value based on earnings compared to the DE Electronic industry average.
  • Landis+Gyr Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Landis+Gyr Group's expected growth come at a high price?
Raw Data
DB:4LG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
7.5%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:4LG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.84x ÷ 7.5%

2.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landis+Gyr Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Landis+Gyr Group's assets?
Raw Data
DB:4LG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $60.61
SWX:LAND Share Price * SWX (2019-04-18) in CHF CHF68.5
SWX:LAND Share Price converted to USD reporting currency Exchange rate (CHF/ USD) 0.986 $67.56
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:4LG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:LAND Share Price ÷ Book Value per Share (both in USD)

= 67.56 ÷ 60.61

1.11x

* Primary Listing of Landis+Gyr Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Landis+Gyr Group is good value based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Landis+Gyr Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Landis+Gyr Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

4LG Future Performance

 How is Landis+Gyr Group expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Landis+Gyr Group expected to grow at an attractive rate?
  • Landis+Gyr Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Landis+Gyr Group's earnings growth is positive but not above the Germany market average.
  • Landis+Gyr Group's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:4LG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:4LG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 7.5%
DB:4LG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 4%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:4LG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:4LG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 2,110 1
2022-03-31 2,048 1
2021-03-31 1,867 184 131 5
2020-03-31 1,828 161 123 6
2019-03-31 1,767 154 117 6
DB:4LG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 1,725 116 101
2018-06-30 1,731 121 73
2018-03-31 1,738 125 46
2017-12-31 1,738 131 1
2017-09-30 1,737 137 -45
2017-06-30 1,698 116 -54
2017-03-31 1,659 95 -63
2016-03-31 1,573 119 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Landis+Gyr Group's earnings are expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).
  • Landis+Gyr Group's revenue is expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:4LG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Landis+Gyr Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:4LG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 4.11 5.03 3.49 5.00
2020-03-31 3.83 4.36 2.87 5.00
2019-03-31 3.83 4.38 3.02 5.00
DB:4LG Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 3.41
2018-06-30 2.49
2018-03-31 1.57
2017-12-31 0.03
2017-09-30 -1.51
2017-06-30 -1.81
2017-03-31 -2.12
2016-03-31 -0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Landis+Gyr Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Landis+Gyr Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Landis+Gyr Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

4LG Past Performance

  How has Landis+Gyr Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Landis+Gyr Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Landis+Gyr Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Landis+Gyr Group has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Landis+Gyr Group has become profitable in the last year making it difficult to compare the DE Electronic industry average.
Earnings and Revenue History
Landis+Gyr Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Landis+Gyr Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:4LG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1,725.09 100.51 223.24 158.22
2018-06-30 1,731.45 73.44 239.91 160.31
2018-03-31 1,737.81 46.37 256.57 162.40
2017-12-31 1,737.61 0.93 265.38 163.13
2017-09-30 1,737.41 -44.51 274.19 163.87
2017-06-30 1,698.32 -53.54 270.23 163.18
2017-03-31 1,659.24 -62.57 266.26 162.48
2016-03-31 1,573.48 -13.68 241.99 148.15
2015-03-31 1,529.05 10.29 261.21 151.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Landis+Gyr Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Landis+Gyr Group used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
  • Landis+Gyr Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Landis+Gyr Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Landis+Gyr Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

4LG Health

 How is Landis+Gyr Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Landis+Gyr Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Landis+Gyr Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Landis+Gyr Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Landis+Gyr Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Landis+Gyr Group Company Filings, last reported 6 months ago.

DB:4LG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1,791.00 156.37 45.89
2018-06-30 1,791.00 156.37 45.89
2018-03-31 1,808.02 142.33 101.76
2017-12-31 1,808.02 142.33 101.76
2017-09-30 1,754.38 227.76 120.37
2017-06-30 1,754.38 227.76 120.37
2017-03-31 1,732.64 227.89 101.03
2016-03-31 1,729.84 328.80 22.09
2015-03-31 1,755.21 392.41 18.47
  • Landis+Gyr Group's level of debt (8.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Landis+Gyr Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (74.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 20.8x coverage).
X
Financial health checks
We assess Landis+Gyr Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Landis+Gyr Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

4LG Dividends

 What is Landis+Gyr Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.36%
Current annual income from Landis+Gyr Group dividends. Estimated to be 4.38% next year.
If you bought €2,000 of Landis+Gyr Group shares you are expected to receive €67 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Landis+Gyr Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Landis+Gyr Group's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:4LG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:4LG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 3.09 6.00
2020-03-31 2.82 6.00
2019-03-31 2.40 6.00
DB:4LG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-06-28 2.268 3.701

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Landis+Gyr Group has stable dividend payments.
  • Landis+Gyr Group only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Landis+Gyr Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Landis+Gyr Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Landis+Gyr Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Landis+Gyr Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

4LG Management

 What is the CEO of Landis+Gyr Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Richard Mora
AGE 53
TENURE AS CEO 2 years
CEO Bio

Mr. Richard Mora has served as Chief Executive Officer of Landis+Gyr Holdings since April 2017. He served as a Member of board of Directors of Enphase Energy, Inc. since February 2014. He served as Chief Operating Officer of Landis+Gyr from January 2014 to April 2017. Prior to his current role, he served as President and CEO of Landis+Gyr Americas from August 2011 to January 2014. Previous positions include President and CEO of Landis+Gyr North America Metering from August 2008 to August 2011, Vice-President and CEO of Siemens Metering, Inc., and Director of Quality for Siemens Power Transmission & Distribution. Mr. Mora holds a Bachelor of Arts degree in Economics from Stanford University in Palo Alto, California. He spent 18 years at Landis+Gyr His Prior Positions at Landis+Gyr: EVP and Head of Americas His Prior Other Positions: Various management positions within the Siemens Group and positions at GE Capital, included as a Merger & Acquisitions Manager.

CEO Compensation
  • Insufficient data for Richard to compare compensation growth.
  • Insufficient data for Richard to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Landis+Gyr Group management team in years:

8.6
Average Tenure
55
Average Age
  • The average tenure for the Landis+Gyr Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Andreas Umbach

TITLE
Executive Chairman
AGE
55

Richard Mora

TITLE
Chief Executive Officer
AGE
53
TENURE
2 yrs

Jonathan Elmer

TITLE
CFO & Executive VP
TENURE
6.7 yrs

Jyoti Thombre

TITLE
Executive VP & CTO

Christian Waelti

TITLE
Head of Investor Relations

Charlie Pelissier

TITLE
Group General Counsel

Stan March

TITLE
Senior Vice President of Corporate Communications
AGE
59
TENURE
10.6 yrs

Adriana Paun

TITLE
Senior Vice President of Global Human Resource

Dieter Hecht

TITLE
Chief Procurement Officer & Executive VP
TENURE
15.8 yrs

John Harris

TITLE
Head of Governmental Affairs & Public Relations and Vice President
Board of Directors Tenure

Average tenure and age of the Landis+Gyr Group board of directors in years:

1.8
Average Tenure
56
Average Age
  • The average tenure for the Landis+Gyr Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andreas Umbach

TITLE
Executive Chairman
AGE
55
TENURE
2 yrs

Andreas Spreiter

TITLE
Independent Director
AGE
50
TENURE
1.8 yrs

Eric Elzvik

TITLE
Lead Independent Director
AGE
58
TENURE
1.8 yrs

Pierre-Alain Graf

TITLE
Independent Director
AGE
56
TENURE
1.8 yrs

Christina Stercken

TITLE
Independent Director
AGE
60
TENURE
1.8 yrs

Dave Geary

TITLE
Independent Director
TENURE
1.8 yrs

Mary Kipp

TITLE
Director
TENURE
0.8 yrs

Peter Mainz

TITLE
Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Landis+Gyr Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Landis+Gyr Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

4LG News

Simply Wall St News

4LG Company Info

Description

Landis+Gyr Group AG provides metering solutions for electricity, heat/cold, and gas utilities worldwide. The company offers digital and prepayment electricity, commercial/industrial and grid, smart gas, heat and water, and stand-alone gas meters; load control devices; system deployment services and managed network services; meter data management software; and advanced grid analytics tools. It also provides other advanced metering infrastructure offerings, such as software, installation, implementation, consulting, maintenance support, and related services. The company was formerly known as Landis+Gyr Holding AG. Landis+Gyr Group AG was founded in 1896 and is headquartered in Zug, Switzerland.

Details
Name: Landis+Gyr Group AG
4LG
Exchange: DB
Founded: 1896
CHF1,772,465,013
29,505,000
Website: http://www.landisgyr.eu
Address: Landis+Gyr Group AG
Theilerstrasse 1,
PO Box 260,
Zug,
Zug, 6302,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX LAND Registered Ordinary Shares SIX Swiss Exchange CH CHF 20. Jul 2017
DB 4LG Registered Ordinary Shares Deutsche Boerse AG DE EUR 20. Jul 2017
LSE 0RTL Registered Ordinary Shares London Stock Exchange GB CHF 20. Jul 2017
BATS-CHIXE LANDZ Registered Ordinary Shares BATS 'Chi-X Europe' GB CHF 20. Jul 2017
OTCPK LDGY.Y UNSPONSRED ADS Pink Sheets LLC US USD 17. Apr 2018
Number of employees
Current staff
Staff numbers
0
Landis+Gyr Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 22:01
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2018/10/25
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.