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EnBW Energie Baden-Württemberg

XTRA:EBK
Snowflake Description

Mediocre balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EBK
XTRA
€9B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

EnBW Energie Baden-Württemberg AG operates as an integrated energy company in Germany and rest of Europe, and internationally. The last earnings update was 37 days ago. More info.


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EBK Share Price and Events
7 Day Returns
5%
XTRA:EBK
0.3%
Europe Electric Utilities
0.3%
DE Market
1 Year Returns
11.3%
XTRA:EBK
17.2%
Europe Electric Utilities
-11.7%
DE Market
EBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EnBW Energie Baden-Württemberg (EBK) 5% 1.2% 15.2% 11.3% 65.8% 19.3%
Europe Electric Utilities 0.3% 4.5% 5.9% 17.2% 38.1% 3.7%
DE Market 0.3% -2.8% -0.8% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • EBK underperformed the Electric Utilities industry which returned 17.2% over the past year.
  • EBK outperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
EBK
Industry
5yr Volatility vs Market
Related Companies

EBK Value

 Is EnBW Energie Baden-Württemberg 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
  • It is not possible to calculate the future cash flow value for EnBW Energie Baden-Württemberg. This is due to cash flow or dividend data being unavailable. The share price is €33.4.
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 EnBW Energie Baden-Württemberg's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are EnBW Energie Baden-Württemberg's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:EBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €1.74
DB:EBK Share Price ** DB (2019-06-14) in EUR €32.8
Europe Electric Utilities Industry PE Ratio Median Figure of 69 Publicly-Listed Electric Utilities Companies 12.24x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

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

** Primary Listing of EnBW Energie Baden-Württemberg.

XTRA:EBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:EBK Share Price ÷ EPS (both in EUR)

= 32.8 ÷ 1.74

18.88x

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

  • EnBW Energie Baden-Württemberg is overvalued based on earnings compared to the Europe Electric Utilities industry average.
  • EnBW Energie Baden-Württemberg is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does EnBW Energie Baden-Württemberg's expected growth come at a high price?
Raw Data
XTRA:EBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
5.7%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 33 Publicly-Listed Electric Utilities Companies 1.18x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for EnBW Energie Baden-Württemberg, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on EnBW Energie Baden-Württemberg's assets?
Raw Data
XTRA:EBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €15.01
DB:EBK Share Price * DB (2019-06-14) in EUR €32.8
Europe Electric Utilities Industry PB Ratio Median Figure of 75 Publicly-Listed Electric Utilities Companies 0.88x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
XTRA:EBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:EBK Share Price ÷ Book Value per Share (both in EUR)

= 32.8 ÷ 15.01

2.19x

* Primary Listing of EnBW Energie Baden-Württemberg.

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

  • EnBW Energie Baden-Württemberg is overvalued based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess EnBW Energie Baden-Württemberg'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 Electric Utilities 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 Electric Utilities industry average (and greater than 0)? (1 check)
  5. EnBW Energie Baden-Württemberg has a total score of 1/6, 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.

EBK Future Performance

 How is EnBW Energie Baden-Württemberg expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover EnBW Energie Baden-Württemberg, future earnings growth has been estimated based on fundamentals.
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
5.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EnBW Energie Baden-Württemberg expected to grow at an attractive rate?
  • EnBW Energie Baden-Württemberg's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • EnBW Energie Baden-Württemberg's earnings growth is positive but not above the Germany market average.
  • Unable to compare EnBW Energie Baden-Württemberg's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
XTRA:EBK Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:EBK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 5.7%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 8.7%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
XTRA:EBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XTRA:EBK Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
XTRA:EBK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 21,461 450 471
2018-12-31 20,720 828 334
2018-09-30 23,758 913 654
2018-06-30 22,951 -3,258 721
2018-03-31 22,871 -1,432 1,811
2017-12-31 22,109 -1,696 2,054
2017-09-30 20,548 -1,647 264
2017-06-30 20,152 2,724 76
2017-03-31 19,464 767 -1,468
2016-12-31 19,487 474 -1,797
2016-09-30 20,222 703 -745
2016-06-30 20,162 761 -1,093

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EnBW Energie Baden-Württemberg's earnings are expected to grow by 5.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if EnBW Energie Baden-Württemberg is high growth as no revenue estimate data is available.
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
XTRA:EBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from EnBW Energie Baden-Württemberg Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:EBK Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
XTRA:EBK Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 1.74
2018-12-31 1.23
2018-09-30 2.41
2018-06-30 2.66
2018-03-31 6.69
2017-12-31 7.58
2017-09-30 0.97
2017-06-30 0.28
2017-03-31 -5.42
2016-12-31 -6.64
2016-09-30 -2.75
2016-06-30 -4.03

*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.
  • Unable to establish if EnBW Energie Baden-Württemberg will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess EnBW Energie Baden-Württemberg'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
EnBW Energie Baden-Württemberg 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.

EBK Past Performance

  How has EnBW Energie Baden-Württemberg 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 EnBW Energie Baden-Württemberg's growth in the last year to its industry (Electric Utilities).
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.
  • EnBW Energie Baden-Württemberg has delivered over 20% year on year earnings growth in the past 5 years.
  • EnBW Energie Baden-Württemberg's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • EnBW Energie Baden-Württemberg's 1-year earnings growth is negative, it can't be compared to the Europe Electric Utilities industry average.
Earnings and Revenue History
EnBW Energie Baden-Württemberg'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 EnBW Energie Baden-Württemberg Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:EBK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 21,460.60 470.50 2,155.00
2018-12-31 20,719.60 334.20 2,134.30
2018-09-30 23,758.00 654.10 2,087.90
2018-06-30 22,950.70 721.00 2,063.70
2018-03-31 22,871.30 1,811.00 2,059.00
2017-12-31 22,108.90 2,054.10 2,028.20
2017-09-30 20,548.40 264.00 1,933.80
2017-06-30 20,151.60 76.30 1,921.90
2017-03-31 19,463.60 -1,467.60 1,907.80
2016-12-31 19,486.90 -1,797.20 1,922.00
2016-09-30 20,222.20 -745.10 1,915.00
2016-06-30 20,162.00 -1,092.50 1,848.90
2016-03-31 20,562.20 -474.90 1,866.40
2015-12-31 21,259.90 158.20 1,890.30
2015-09-30 20,938.80 1,015.50 1,792.90
2015-06-30 21,611.00 1,325.70 1,880.70
2015-03-31 21,340.70 -76.50 1,894.80
2014-12-31 21,080.50 -465.90 1,897.40
2014-09-30 20,474.40 -953.70 1,856.30
2014-06-30 20,397.60 -874.60 1,858.90
2014-03-31 20,477.20 -97.30 1,843.40
2013-12-31 20,600.80 51.00 1,849.00
2013-09-30 20,660.40 153.50 1,896.60
2013-06-30 20,320.50 129.70 1,906.40
2013-03-31 20,051.30 365.90 1,924.90
2012-12-31 19,384.20 484.20 1,925.30
2012-09-30 19,381.60 264.50 1,896.70
2012-06-30 19,067.40 282.10 1,902.90

*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.
  • EnBW Energie Baden-Württemberg has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • EnBW Energie Baden-Württemberg used its assets less efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • EnBW Energie Baden-Württemberg's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess EnBW Energie Baden-Württemberg'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 Electric Utilities 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.
EnBW Energie Baden-Württemberg has a total score of 1/6, 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.

EBK Health

 How is EnBW Energie Baden-Württemberg'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 EnBW Energie Baden-Württemberg's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • EnBW Energie Baden-Württemberg is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • EnBW Energie Baden-Württemberg's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of EnBW Energie Baden-Württemberg'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x 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 EnBW Energie Baden-Württemberg Company Filings, last reported 2 months ago.

XTRA:EBK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 6,418.10 7,172.20 2,949.30
2018-12-31 6,273.30 6,996.20 3,024.10
2018-09-30 6,604.80 7,111.50 3,362.90
2018-06-30 6,467.30 7,287.10 3,483.10
2018-03-31 6,568.90 7,185.30 4,186.00
2017-12-31 5,862.90 7,258.80 3,801.40
2017-09-30 5,651.00 7,163.70 4,060.80
2017-06-30 5,500.90 7,248.80 8,184.10
2017-03-31 3,801.70 7,887.90 7,022.70
2016-12-31 3,216.20 7,928.90 6,381.10
2016-09-30 3,817.10 7,472.10 4,260.90
2016-06-30 3,806.90 7,485.50 3,821.90
2016-03-31 4,734.80 7,514.30 5,045.60
2015-12-31 5,123.20 7,568.20 4,701.30
2015-09-30 4,819.80 7,588.80 3,848.20
2015-06-30 5,334.90 8,180.40 4,337.40
2015-03-31 4,405.20 8,228.50 4,228.40
2014-12-31 4,545.60 8,265.60 3,789.40
2014-09-30 4,354.50 8,133.40 4,059.60
2014-06-30 4,743.00 8,102.80 4,276.20
2014-03-31 6,147.30 7,479.50 4,756.50
2013-12-31 6,082.70 5,772.10 2,979.50
2013-09-30 6,291.60 6,588.70 3,882.10
2013-06-30 6,110.30 6,490.70 3,411.10
2013-03-31 6,771.70 6,487.20 3,082.90
2012-12-31 6,375.90 6,765.00 3,164.80
2012-09-30 7,390.10 6,955.10 3,807.70
2012-06-30 6,355.90 6,987.70 2,970.00
  • EnBW Energie Baden-Württemberg's level of debt (111.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (122.1% vs 111.7% today).
  • Debt is not well covered by operating cash flow (6.3%, less than 20% of total debt).
  • EnBW Energie Baden-Württemberg earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess EnBW Energie Baden-Württemberg'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. EnBW Energie Baden-Württemberg has a total score of 3/6, 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.

EBK Dividends

 What is EnBW Energie Baden-Württemberg'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
1.98%
Current annual income from EnBW Energie Baden-Württemberg dividends.
If you bought €2,000 of EnBW Energie Baden-Württemberg shares you are expected to receive €40 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?
  • EnBW Energie Baden-Württemberg's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • EnBW Energie Baden-Württemberg's dividend is below the markets top 25% of dividend payers in Germany (3.91%).
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
XTRA:EBK 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 0 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 4.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
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 3.9%

Industry and Market average data is calculated daily.

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

XTRA:EBK Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
XTRA:EBK Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-28 0.650 2.017
2018-03-22 0.500 1.658
2017-11-10 0.000 0.000
2017-07-27 0.000 0.000
2017-05-15 0.000 0.000
2017-03-28 0.000 0.000
2016-03-30 0.550 2.651
2015-03-17 0.690 3.003
2014-02-13 0.690 2.621
2014-01-15 0.690 2.580
2013-02-07 0.850 2.998
2013-01-15 0.850 2.768
2012-07-26 0.850 2.689
2012-02-15 0.850 2.582
2011-02-24 1.530 4.141
2011-02-08 1.530 3.708
2010-03-25 1.530 4.018
2010-02-09 1.530 4.027

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

  • EnBW Energie Baden-Württemberg has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • EnBW Energie Baden-Württemberg has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of EnBW Energie Baden-Württemberg's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess EnBW Energie Baden-Württemberg'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 EnBW Energie Baden-Württemberg afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. EnBW Energie Baden-Württemberg has a total score of 2/6, see the detailed checks below.


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

EBK Management

 What is the CEO of EnBW Energie Baden-Württemberg'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
Frank Mastiaux
COMPENSATION €3,289,749
AGE 55
TENURE AS CEO 6.7 years
CEO Bio

Dr. Frank Mastiaux has been the Chairman of Management Board and Chief Executive Officer at EnBW Energie Baden-Württemberg AG since October 01, 2012 and has been its Member of Management Board since October 01, 2012. Dr. Mastiaux served as the Chief Executive Officer of E.ON Climate & Renewables GmbH of E.ON AG from 2007 to 2010 and also served as Chief Executive Officer of E.ON Climate & Renewables UK Operations Ltd. Dr. Mastiaux served as Managing Director of Aral Mineralölvertrieb GmbH, a subsidiary of Aral Aktiengesellschaft. He served as an Head of Future Renewables and Climate Protection Business of E.ON AG since October 2007. He is responsible for the global liquefied petroleum gas business at BP in London. He served as Chief Executive Officer of BP Global LPG Business. He is experienced in Managing Global and Large Scale Organizations and has 15 years in Energy Industry. He was Assistant to the Chief Executive Officer at Veba Oel AG, Gelsenkirchen from 1993 to 1999; Business Development Manager of CITGO Petroleum in Tulsa, Oklahoma, USA from 1998 to 1999; Division Head of procurement and sales at Veba Oel since 1999; General manager of ARAL Mineralöl-Vertrieb GmbH since 2000; General manager for marketing strategy and planning as well as market research for the entire BP group in London from 2001 to 2005; and Chief Executive Officer of E.ON International Energy from November 2010 to April 2012. He served as the Second Deputy Chairperson of Supervisory Board at EWE Aktiengesellschaft since October 29, 2012 until May 18, 2017. Dr. Mastiaux serves as a Director of E.ON Climate & Renewables GmbH. He serves as Member of Advisory Board of Baden-Württembergische Bank AG. He has been a Member of Advisory Board at Landesbank Baden-Wuerttemberg since January 01, 2014. He holds PhD in Chemistry in 1993.

CEO Compensation
  • Frank's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Frank's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the EnBW Energie Baden-Württemberg management team in years:

8.2
Average Tenure
58
Average Age
  • The average tenure for the EnBW Energie Baden-Württemberg management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Frank Mastiaux

TITLE
Chairman of the Management Board & CEO
COMPENSATION
€3M
AGE
55
TENURE
6.7 yrs

Thomas Kusterer

TITLE
CFO & Member of the Management Board
COMPENSATION
€2M
AGE
51
TENURE
8.2 yrs

Bernhard Beck

TITLE
Chief Legal Officer & Member of Management Board
COMPENSATION
€2M
AGE
65
TENURE
16.7 yrs

Hans-Josef Zimmer

TITLE
CTO & Member of the Management Board
COMPENSATION
€2M
AGE
61
TENURE
11.7 yrs

Bernd-Michael Zinow

TITLE
Head of Legal Svcs
COMPENSATION
€79K

Colette Ruckert-Hennen

TITLE
Chief Personnel Officer & Member of the Management Board
AGE
58
TENURE
0.4 yrs

Ingo Voigt

TITLE
Head of Finance
AGE
52

Timo Sillober

TITLE
Head of Sales

Heinz Dürr

TITLE
Deputy Chairman of Advisory Board
AGE
86

Marc Burgstahler

TITLE
Head of Electromobility
Board of Directors Tenure

Average tenure and age of the EnBW Energie Baden-Württemberg board of directors in years:

13.2
Average Tenure
71
Average Age
  • The average tenure for the EnBW Energie Baden-Württemberg board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Lutz Feldmann

TITLE
Chairman of Supervisory Board
COMPENSATION
€111K
AGE
62
TENURE
3.1 yrs

Dietrich Herd

TITLE
Deputy Chairman of Supervisory Board
COMPENSATION
€94K
TENURE
13.2 yrs

Bernd-Michael Zinow

TITLE
Head of Legal Svcs
COMPENSATION
€79K
TENURE
13.2 yrs

Heinz Dürr

TITLE
Deputy Chairman of Advisory Board
AGE
86

Wolfgang Schürle

TITLE
Chairman of Advisory Board
COMPENSATION
€22K
TENURE
13.5 yrs

Gunda Röstel

TITLE
Member of Supervisory Board
COMPENSATION
€76K
TENURE
8.2 yrs

Matthias Wissmann

TITLE
Member of Advisory Board
AGE
70

Hartmut Weule

TITLE
Member of Advisory Board

Theo Waigel

TITLE
Member of Advisory Board
AGE
80

Med Schuster

TITLE
Member of Advisory Board
AGE
71
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 EnBW Energie Baden-Württemberg'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. EnBW Energie Baden-Württemberg 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.

EBK News

Simply Wall St News

EBK Company Info

Description

EnBW Energie Baden-Württemberg AG operates as an integrated energy company in Germany and rest of Europe, and internationally. It operates through four segments: Sales, Grids, Renewable Energies, and Generation and Trading. The Sales segment sells electricity and gas; and provides energy industry services, such as billing services, energy supply and energy saving contracting, and new energy solutions. The Grids segment transmits and distributes electricity and gas; offers grid-related services; and supplies water. The Renewable Energies segment generates power from renewable energy sources consisting of hydropower, wind power, and solar power. The Generation and Trading segment advises, constructs, operates, and dismantles thermal power plants; stores gas; provides system services for the operators of transmission grids and waste management/environmental services; and operates reserve power plants. This segment is also involved in the electricity and gas trading, gas midstream, and district heating businesses; and direct distribution of renewable energy power plant. The company supplies energy solutions and energy industry services to approximately 5.5 million customers. It operates under the EnBW, Yello, NaturEnergiePlus, GVS, Erdgas Südwest, ODR, ZEAG, NaturEnergie, Pražská energetika, Stadtwerke Düsseldorf, VNG, and goldgas brands. The company primarily serves retail customers, small commercial enterprises, housing industry and agriculture industries, and commercial enterprises and industrial customers, as well as redistributors, municipal utilities, local authorities, and public entities. EnBW Energie Baden-Württemberg AG was founded in 1997 and is headquartered in Karlsruhe, Germany.

Details
Name: EnBW Energie Baden-Württemberg AG
EBK
Exchange: XTRA
Founded: 1997
€8,884,044,885
270,855,027
Website: http://www.enbw.com
Address: EnBW Energie Baden-Württemberg AG
Durlacher Allee 93,
Karlsruhe,
Baden-Württemberg, 76131,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB EBK Bearer Shares Deutsche Boerse AG DE EUR 03. Nov 1997
XTRA EBK Bearer Shares XETRA Trading Platform DE EUR 03. Nov 1997
LSE 0IHQ Bearer Shares London Stock Exchange GB EUR 03. Nov 1997
Number of employees
Current staff
Staff numbers
20,382
EnBW Energie Baden-Württemberg employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 21:06
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2017/03/28
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.