Sixt Leasing SE, together with its subsidiaries, engages in the vehicle leasing business in Germany, Austria, Switzerland, France, and the Netherlands.
Reasonable growth potential second-rate dividend payer.
Share Price & News
How has Sixt Leasing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LNSX has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LNSX exceeded the German Transportation industry which returned -28.4% over the past year.
Return vs Market: LNSX exceeded the German Market which returned 0.5% over the past year.
Price Volatility Vs. Market
How volatile is Sixt Leasing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StDid Sixt Leasing's (ETR:LNSX) Share Price Deserve to Gain 32%?
3 months ago | Simply Wall StThese 4 Measures Indicate That Sixt Leasing (ETR:LNSX) Is Using Debt In A Risky Way
4 months ago | Simply Wall StWhy Sixt Leasing SE’s (ETR:LNSX) Return On Capital Employed Might Be A Concern
Is Sixt Leasing undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LNSX (€17.12) is trading above our estimate of fair value (€8.76)
Significantly Below Fair Value: LNSX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LNSX is poor value based on its PE Ratio (18x) compared to the Transportation industry average (8.8x).
PE vs Market: LNSX is good value based on its PE Ratio (18x) compared to the German market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: LNSX is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: LNSX is overvalued based on its PB Ratio (1.5x) compared to the XE Transportation industry average (1.2x).
How is Sixt Leasing forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LNSX's forecast earnings growth (29.4% per year) is above the savings rate (0.2%).
Earnings vs Market: LNSX's earnings (29.4% per year) are forecast to grow faster than the German market (21.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LNSX's revenue (7.2% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: LNSX's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LNSX's Return on Equity is forecast to be low in 3 years time (15.7%).
How has Sixt Leasing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LNSX has high quality earnings.
Growing Profit Margin: LNSX's current net profit margins (2.5%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: LNSX's earnings have declined by -2.6% per year over the past 5 years.
Accelerating Growth: LNSX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LNSX had negative earnings growth (-9.7%) over the past year, making it difficult to compare to the Transportation industry average (2.3%).
Return on Equity
High ROE: LNSX's Return on Equity (8.4%) is considered low.
How is Sixt Leasing's financial position?
Financial Position Analysis
Short Term Liabilities: LNSX's short term assets (€284.2M) do not cover its short term liabilities (€608.2M).
Long Term Liabilities: LNSX's short term assets (€284.2M) do not cover its long term liabilities (€601.9M).
Debt to Equity History and Analysis
Debt Level: LNSX's debt to equity ratio (438.2%) is considered high.
Reducing Debt: LNSX's debt to equity ratio has reduced from 1260.3% to 438.2% over the past 5 years.
Debt Coverage: LNSX's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: LNSX's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is Sixt Leasing's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LNSX's dividend (5.26%) is higher than the bottom 25% of dividend payers in the German market (1.27%).
High Dividend: LNSX's dividend (5.26%) is in the top 25% of dividend payers in the German market (3.86%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LNSX has been paying a dividend for less than 10 years.
Growing Dividend: LNSX's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.5%), LNSX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LNSX's dividends in 3 years are forecast to be well covered by earnings (46.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Michael Ruhl (48yo)
Mr. Michael Martin Ruhl has been Chairman of the Managing Board & Chief Executive Officer at Sixt Leasing SE since January 01, 2019 and will assume responsibility for the departments Group Strategy and Cor ...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sixt Leasing SE's company bio, employee growth, exchange listings and data sources
- Name: Sixt Leasing SE
- Ticker: LNSX
- Exchange: XTRA
- Founded: 1967
- Industry: Trucking
- Sector: Transportation
- Market Cap: €352.870m
- Shares outstanding: 20.61m
- Website: https://www.sixt-leasing.com
Number of Employees
- Sixt Leasing SE
- Zugspitzstrasse 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LNSX||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||May 2015|
|LNSX||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||May 2015|
|LNSX||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||May 2015|
|0R88||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||May 2015|
|LNSXD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||May 2015|
|LNSZ||DB (Deutsche Boerse AG)||NPV (ASD 20/05/2020 HYUNDAI CAPITAL CSH)||DE||EUR||Mar 2020|
Sixt Leasing SE, together with its subsidiaries, engages in the vehicle leasing business in Germany, Austria, Switzerland, France, and the Netherlands. The company operates in two segments, Leasing and Fleet Management. The Leasing segment provides lease financing and associated services to corporate customers; and operates an online retail business that serves private and commercial customers through sixt-neuwagen.de and autohaus24.de Websites, as well as offers additional services, such as accident and damage management, an inspection and insurance package. The Fleet Management segment manages large-sized customer fleets ranging from mid-sized businesses to international corporations; and offers individual consulting services. The company was founded in 1967 and is headquartered in Pullach, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 00:18|
|End of Day Share Price||2020/06/03 00:00|
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.