DB:FEW

Stock Analysis Report

Executive Summary

Funkwerk AG develops and sells communication, information, and security systems worldwide.


Snowflake Analysis

Flawless balance sheet with outstanding track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FEW has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.3%

FEW

-9.4%

DE Communications

-0.9%

DE Market


1 Year Return

51.2%

FEW

-3.6%

DE Communications

12.8%

DE Market

Return vs Industry: FEW exceeded the German Communications industry which returned -3.6% over the past year.

Return vs Market: FEW exceeded the German Market which returned 12.8% over the past year.


Shareholder returns

FEWIndustryMarket
7 Day0.3%-9.4%-0.9%
30 Day-1.9%-8.3%-0.4%
90 Day5.2%-11.3%2.3%
1 Year53.6%51.2%-3.1%-3.6%16.3%12.8%
3 Year237.2%224.5%-7.8%-8.1%15.8%5.7%
5 Year978.8%938.3%83.0%82.6%19.7%3.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

21.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FEW (€18.15) is trading below our estimate of fair value (€23.18)

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


Price To Earnings Ratio

PE vs Industry: FEW is poor value based on its PE Ratio (19.7x) compared to the Communications industry average (18.9x).

PE vs Market: FEW is good value based on its PE Ratio (19.7x) compared to the German market (20.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FEW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FEW is overvalued based on its PB Ratio (4.6x) compared to the DE Communications industry average (3.1x).


Next Steps

Future Growth

How is Funkwerk forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.1%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Funkwerk has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Funkwerk performed over the past 5 years?

37.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FEW has high quality earnings.

Growing Profit Margin: FEW's current net profit margins (10.9%) are higher than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: FEW has become profitable over the past 5 years, growing earnings by 37.5% per year.

Accelerating Growth: FEW's earnings growth over the past year (49.1%) exceeds its 5-year average (37.5% per year).

Earnings vs Industry: FEW earnings growth over the past year (49.1%) exceeded the Communications industry 31.6%.


Return on Equity

High ROE: FEW's Return on Equity (26.6%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Funkwerk's financial position?


Financial Position Analysis

Short Term Liabilities: FEW's short term assets (€62.4M) exceed its short term liabilities (€5.5M).

Long Term Liabilities: FEW's short term assets (€62.4M) exceed its long term liabilities (€31.5M).


Debt to Equity History and Analysis

Debt Level: FEW is debt free.

Reducing Debt: FEW had no debt 5 years ago.

Debt Coverage: FEW has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FEW has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if FEW's debt is covered by short term assets.


Next Steps

Dividend

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

1.65%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%1.3%markettop25%3.6%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: FEW's dividend (1.65%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: FEW's dividend (1.65%) is low compared to the top 25% of dividend payers in the German market (3.63%).


Stability and Growth of Payments

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

Growing Dividend: FEW's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.5%), FEW's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Kerstin Schreiber (43yo)

0

Ms. Kerstin Schreiber serves as Chairwoman of the Management Board of Funkwerk AG and has been its Member of the Management Board since May 31, 2013. Ms. Schreiber is in charge primarily of financial aspec ...


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

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


Key Information

  • Name: Funkwerk AG
  • Ticker: FEW
  • Exchange: DB
  • Founded: 2000
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: €146.283m
  • Shares outstanding: 8.06m
  • Website: https://www.funkwerk.com

Number of Employees


Location

  • Funkwerk AG
  • Im Funkwerk 5
  • Kölleda
  • Thuringia
  • 99625
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FEWDB (Deutsche Boerse AG)YesBearer SharesDEEURNov 2000

Biography

Funkwerk AG develops and sells communication, information, and security systems worldwide. It provides train radio systems comprising cab radio systems, LTE voice radio systems, radio modules, data radio systems, handhelds, test equipment, and accessories for use in voice and data communication applications on the rail. The company also offers video security solutions, including camera systems, pan/tilt heads, video management software, transmission technology solutions, and monitor systems. In addition, it provides engineering, documentation, training, support, on call, maintenance, and repair services for the communication, information, and video systems. Funkwerk AG offers its products and services in the fields of railways, rail vehicles, public transports, industrials, energy and utilities, oil/gas/chemicals, authorities/justice, health, municipalities, and cities. The company was founded in 2000 and is headquartered in Kölleda, Germany. Funkwerk AG is a subsidiary of Hörmann Funkwerk Holding GmbH. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 20:47
End of Day Share Price2020/02/21 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.