XTRA:MVV1

Stock Analysis Report

Executive Summary

MVV Energie AG, together with its subsidiaries, provides electricity, heating energy, gas, water, and other products primarily in Germany.


Snowflake Analysis

Proven track record and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MVV1 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.7%

MVV1

-2.6%

DE Integrated Utilities

-5.7%

DE Market


1 Year Return

9.9%

MVV1

18.5%

DE Integrated Utilities

6.1%

DE Market

Return vs Industry: MVV1 underperformed the German Integrated Utilities industry which returned 18.5% over the past year.

Return vs Market: MVV1 exceeded the German Market which returned 6.1% over the past year.


Shareholder returns

MVV1IndustryMarket
7 Day0.7%-2.6%-5.7%
30 Day1.0%2.4%-5.7%
90 Day5.9%10.7%-3.6%
1 Year13.7%9.9%23.0%18.5%9.3%6.1%
3 Year37.4%23.3%71.7%53.9%8.9%-0.7%
5 Year37.1%13.8%19.2%-0.5%13.6%-2.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

19.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MVV1 (€28.8) is trading above our estimate of fair value (€20.68)

Significantly Below Fair Value: MVV1 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MVV1 is good value based on its PE Ratio (19.1x) compared to the Integrated Utilities industry average (20.8x).

PE vs Market: MVV1 is good value based on its PE Ratio (19.1x) compared to the German market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MVV1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MVV1 is good value based on its PB Ratio (1.4x) compared to the DE Integrated Utilities industry average (2.6x).


Next Steps

Future Growth

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

10.4%

Forecasted Utilities 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 MVV Energie 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 MVV Energie performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MVV1 has high quality earnings.

Growing Profit Margin: MVV1's current net profit margins (2.7%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: MVV1's earnings have declined by -5.5% per year over the past 5 years.

Accelerating Growth: MVV1's earnings growth over the past year (281.6%) exceeds its 5-year average (-5.5% per year).

Earnings vs Industry: MVV1 earnings growth over the past year (281.6%) exceeded the Integrated Utilities industry 7%.


Return on Equity

High ROE: MVV1's Return on Equity (6.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is MVV Energie's financial position?


Financial Position Analysis

Short Term Liabilities: MVV1's short term assets (€1.7B) exceed its short term liabilities (€1.5B).

Long Term Liabilities: MVV1's short term assets (€1.7B) do not cover its long term liabilities (€2.2B).


Debt to Equity History and Analysis

Debt Level: MVV1's debt to equity ratio (103.9%) is considered high.

Reducing Debt: MVV1's debt to equity ratio has increased from 103.1% to 103.9% over the past 5 years.

Debt Coverage: MVV1's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: MVV1's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet

Inventory Level: MVV1 has a high level of physical assets or inventory.

Debt Coverage by Assets: MVV1's debt is covered by short term assets (assets are 1.1x debt).


Next Steps

Dividend

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

3.11%

Current Dividend Yield


Upcoming Dividend Payment

Purchase MVV Energie before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company3.1%marketbottom25%1.4%markettop25%3.8%industryaverage3.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: MVV1's dividend (3.13%) is higher than the bottom 25% of dividend payers in the German market (1.43%).

High Dividend: MVV1's dividend (3.13%) is low compared to the top 25% of dividend payers in the German market (3.8%).


Stability and Growth of Payments

Stable Dividend: MVV1's dividends per share have been stable in the past 10 years.

Growing Dividend: MVV1's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.6%), MVV1's dividend payments are 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?

5.7yrs

Average management tenure


CEO

Georg Müller (56yo)

11.1yrs

Tenure

€1,260,000

Compensation

Dr. Georg Müller has been the Chairman of the Executive Board and Chief Executive Officer at MVV Energie AG since January 1, 2009. Dr. Müller also serves as Commercial Director of MVV Energie AG and served ...


CEO Compensation Analysis

Compensation vs Market: Georg's total compensation ($USD1.37M) is about average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Georg's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Georg Müller
Chairman of the Executive Board11.1yrs€1.26mno data
Ralf Klöpfer
Sales Director & Member of Executive Board6.3yrs€857.00kno data
Hansjörg Roll
CTO & Member of Executive Board5.1yrs€847.00kno data
Verena Amann
HR Director & Member of Executive Board0.5yrs€578.00kno data
Bernhard Schumacher
Head of Smart Cities Division & Member of Supervisory Board3.9yrs€16.00kno data
Philipp Riemen
Head of Finance & Investor Relations Department0yrsno datano data
Martin Auer
Head of Corporate Legal0yrsno datano data
Ralph Rischmuller
Head of Real Estate Management15.6yrsno datano data
Philipp Leckebusch
Head of Generation Division0yrsno datano data
Christoph Meier
Chief Executive Officer of Energieversorgung Offenbach0yrsno datano data

5.7yrs

Average Tenure

54yo

Average Age

Experienced Management: MVV1's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bernhard Schumacher
Head of Smart Cities Division & Member of Supervisory Board3.9yrs€16.00kno data
Peter Erni
Employee Representative Member of Supervisory Board9.1yrs€22.50kno data
Lorenz Näger
Member of Supervisory Board8.9yrs€19.50kno data
Heinz-Werner Ufer
Member of Supervisory Board9.9yrs€31.00kno data
Christian Specht
Member of Supervisory Board14.9yrs€18.88kno data
Johannes Böttcher
Employee Representative Member of Supervisory Board13.9yrs€16.00kno data
Detlef Falk
Employee Representative Member of Supervisory Board12.7yrs€21.50kno data
Peter Kurz
Chairman of Supervisory Board12.5yrs€39.00kno data
Jürgen Wiesner
Employee Representative Member of Supervisory Board8.9yrs€20.00kno data
Heike Kamradt
Deputy Chairwoman of Supervisory Board3.1yrs€32.50kno data

9.5yrs

Average Tenure

57yo

Average Age

Experienced Board: MVV1's board of directors are considered experienced (9.5 years average tenure).


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

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


Key Information

  • Name: MVV Energie AG
  • Ticker: MVV1
  • Exchange: XTRA
  • Founded: 1974
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Market Cap: €1.905b
  • Shares outstanding: 65.91m
  • Website: https://www.mvv.de

Number of Employees


Location

  • MVV Energie AG
  • Luisenring 49
  • Mannheim
  • Baden-Württemberg
  • 68159
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MVV1DB (Deutsche Boerse AG)YesRegistered SharesDEEURFeb 2000
MVV1XTRA (XETRA Trading Platform)YesRegistered SharesDEEURFeb 2000
0FCKLSE (London Stock Exchange)YesRegistered SharesGBEURFeb 2000
MVV1DBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURFeb 2000

Biography

MVV Energie AG, together with its subsidiaries, provides electricity, heating energy, gas, water, and other products primarily in Germany. The company’s Customer Solutions segment engages in the energy and water retail, direct marketing of renewable energy, commodities, and service and trading businesses. This segment also offers services to third-party customers. Its New Energies segment operates waste, biomass power, biomethane, and biogas plants; and wind turbines. This segment is also involved in the renewable energies project development, and operation and management of wind farms and solar parks. The Supply Reliability segment engages in the conventional combined heat and power generation activities; and operates electricity, district heating, gas, and water grid facilities with a total length of approximately 19,000 kilometers. Its Strategic Investments segment generates and supplies heating energy. The Other Activities segment provides metering, billing, and information technology services. It also plans, builds, and operates thermal energy and battery storage, and storage heating facilities; heating pumps; and photovoltaics collector systems, as well as provides energy-related services. The company serves industrial, commercial, and private household customers, as well as small and medium-sized companies. The company was formerly known as Stadtwerke Mannheim Aktiengesellschaft and changed its name to MVV Energie AG in October 1998. MVV Energie AG was founded in 1974 and is based in Mannheim, Germany. MVV Energie AG is a subsidiary of MVV Verkehr AG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 21:42
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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.