DB:FHW

Stock Analysis Report

Fernheizwerk Neukölln

Executive Summary

Fernheizwerk Neukölln Aktiengesellschaft operates as a district heating supplier.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Fernheizwerk Neukölln is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

DB:FHW

0%

DE Water Utilities

-1.6%

DE Market


1 Year Return

-8.4%

DB:FHW

-8.4%

DE Water Utilities

-10.5%

DE Market

FHW underperformed the Water Utilities industry which returned 1.9% over the past year.

FHW outperformed the Market in Germany which returned -12% over the past year.


Share holder returns

FHWIndustryMarket
7 Day0%0%-1.6%
30 Day-3.6%-3.6%-5.4%
90 Day-7.7%-7.7%-6.0%
1 Year-5.2%-8.4%-5.2%-8.4%-7.7%-10.5%
3 Year37.5%24.0%37.5%24.0%9.4%-0.02%
5 Year54.1%28.0%54.1%28.0%25.5%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Fernheizwerk Neukölln undervalued based on future cash flows and its price relative to the stock market?

11%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Fernheizwerk Neukölln's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Fernheizwerk Neukölln's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Fernheizwerk Neukölln is overvalued based on earnings compared to the Europe Water Utilities industry average.

Fernheizwerk Neukölln is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Fernheizwerk Neukölln, we can't assess if its growth is good value.


Price Based on Value of Assets

Fernheizwerk Neukölln is overvalued based on assets compared to the Europe Water Utilities industry average.


Next Steps

Future Growth

How is Fernheizwerk Neukölln expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-5.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Fernheizwerk Neukölln is high growth as no revenue estimate data is available.

Fernheizwerk Neukölln's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Fernheizwerk Neukölln's revenue growth to the Germany market average as no estimate data is available.

Fernheizwerk Neukölln's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.

Fernheizwerk Neukölln's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Fernheizwerk Neukölln will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Fernheizwerk Neukölln performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Fernheizwerk Neukölln's year on year earnings growth rate has been positive over the past 5 years.

Fernheizwerk Neukölln's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Fernheizwerk Neukölln's 1-year earnings growth is negative, it can't be compared to the Europe Water Utilities industry average.


Return on Equity

Fernheizwerk Neukölln has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Fernheizwerk Neukölln used its assets more efficiently than the Europe Water Utilities industry average last year based on Return on Assets.


Return on Capital Employed

Fernheizwerk Neukölln's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Fernheizwerk Neukölln's financial position?


Financial Position Analysis

Fernheizwerk Neukölln is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Fernheizwerk Neukölln's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Fernheizwerk Neukölln has no debt.

Fernheizwerk Neukölln has not taken on any debt in the past 5 years.

Fernheizwerk Neukölln has no debt, it does not need to be covered by operating cash flow.

Fernheizwerk Neukölln has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Fernheizwerk Neukölln has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

3.69%

Current Dividend Yield


Dividend Yield and Payments Analysis

Fernheizwerk Neukölln's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.61%).

Fernheizwerk Neukölln's dividend is below the markets top 25% of dividend payers in Germany (4.29%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x 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.


Next Steps

Management

What is the CEO of Fernheizwerk Neukölln's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average board tenure


CEO

Fernheizwerk Neukölln has no CEO, or we have no data on them.


Board Age and Tenure

0.6yrs

Average Tenure

The average tenure for the Fernheizwerk Neukölln board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Ulrich Rheinfeld

    Chairman of Management Board

    • Compensation: 278.50k

Board Members

  • Frank Rodloff

    Deputy Chairman of Supervisory Board

    • Tenure: 0.6yrs
    • Compensation: 26.50k
  • Robert Tomasko

    Employee Representative Member of Supervisory Board

    • Compensation: 17.70k
  • Stefan Preidt

    Deputy Chairman of the Supervisory Board

  • Uwe Scharnweber

    Member of Supervisory Board

    • Tenure: 0.6yrs
  • Tanja Wielgoß

    Chairman of Supervisory Board

    • Tenure: 0.6yrs
  • Ronny Wieland

    Employee Representative of Supervisory Board

    • Compensation: 17.70k

Company Information

Fernheizwerk Neukölln Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fernheizwerk Neukölln Aktiengesellschaft
  • Ticker: FHW
  • Exchange: DB
  • Founded:
  • Industry: water utilities
  • Sector: utilities
  • Market Cap: €100.280m
  • Shares outstanding: 2.30m
  • Website: Click here

Number of Employees


Location

  • Fernheizwerk Neukölln Aktiengesellschaft
  • Weigandufer 49
  • Berlin
  • Berlin
  • 12059
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FHWDB (Deutsche Boerse AG)YesShare CapitalDEEURJan 1992

Biography

Fernheizwerk Neukölln Aktiengesellschaft operates as a district heating supplier. The company generates and distributes heating energy to approximately 40,000 households, as well as various department stor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 20:45
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
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.