Energiedienst Holding AG produces, distributes, and sells electricity in Switzerland.
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Energiedienst Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KWK3 has not had significant price volatility in the past 3 months.
7 Day Return
DE Electric Utilities
1 Year Return
DE Electric Utilities
Return vs Industry: KWK3 underperformed the German Electric Utilities industry which returned 19% over the past year.
Return vs Market: KWK3 underperformed the German Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is Energiedienst Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Energiedienst Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KWK3 (€28) is trading below our estimate of fair value (€41.77)
Significantly Below Fair Value: KWK3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KWK3 is poor value based on its PE Ratio (66.3x) compared to the Electric Utilities industry average (13.5x).
PE vs Market: KWK3 is poor value based on its PE Ratio (66.3x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: KWK3 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: KWK3 is overvalued based on its PB Ratio (1.3x) compared to the XE Electric Utilities industry average (0.9x).
How is Energiedienst Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KWK3's forecast earnings growth (35.1% per year) is above the savings rate (0.2%).
Earnings vs Market: KWK3's earnings (35.1% per year) are forecast to grow faster than the German market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KWK3's revenue (3.6% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: KWK3's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KWK3's Return on Equity is forecast to be low in 3 years time (6%).
How has Energiedienst Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KWK3 has a large one-off loss of €7.4M impacting its June 30 2019 financial results.
Growing Profit Margin: KWK3's current net profit margins (1.6%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: KWK3's earnings have declined by -24.2% per year over the past 5 years.
Accelerating Growth: KWK3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KWK3 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Electric Utilities industry average (4.7%).
Return on Equity
High ROE: KWK3's Return on Equity (1.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Energiedienst Holding's financial position?
Financial Position Analysis
Short Term Liabilities: KWK3's short term assets (€319.8M) exceed its short term liabilities (€186.1M).
Long Term Liabilities: KWK3's short term assets (€319.8M) do not cover its long term liabilities (€455.2M).
Debt to Equity History and Analysis
Debt Level: KWK3 is debt free.
Reducing Debt: KWK3 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: KWK3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KWK3 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: KWK3 has a high level of physical assets or inventory.
Debt Coverage by Assets: KWK3's debt is not covered by short term assets (assets are -54.2x debt).
What is Energiedienst Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KWK3's dividend (2.3%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: KWK3's dividend (2.3%) is low compared to the top 25% of dividend payers in the German market (3.53%).
Stability and Growth of Payments
Stable Dividend: KWK3's dividend payments have been volatile in the past 10 years.
Growing Dividend: KWK3's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (154.9%), KWK3's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KWK3's dividends in 3 years are forecast to be covered by earnings (62.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jörg Reichert 0
Mr. Jörg Reichert serves as Chairman of Executive Board at Energiedienst Holding AG since 2019 and serves as its Member of Executive Board. He holds PhD & Master of Business Research.
|Chairman of Executive Board||0.7yrs||no data||no data|
|Head of Finance & Human Resources and Member of the Extended Executive Board||4.2yrs||no data||no data|
|Head of Innovation & New Business and Member of The Extended Executive Board||8.8yrs||no data||no data|
|Head of Service & Production and Member of the Extended Executive Board||8.8yrs||no data||no data|
|Head of Sales & Marketing and Member of The Extended Management Board||8.8yrs||no data||no data|
|Member of Executive Board||7.7yrs||no data||no data|
|Head of Staff & Member of the Extended Executive Board||4.2yrs||no data||no data|
|Member of the Extended Executive Board||0yrs||no data||no data|
Experienced Management: KWK3's management team is seasoned and experienced (7.7 years average tenure).
|Member of the Advisory Board||0yrs||€2.16k||no data|
|Vice-President of the Board of Directors||10.6yrs||€78.74k||no data|
|Chairman of the Board of Director||2.5yrs||€177.47k||no data|
|President of The Advisory Board||0yrs||€2.93k||no data|
|Member of Advisory Board||0yrs||€2.93k||no data|
|Member of the Advisory Board||0yrs||€2.93k||no data|
|Member of the Advisory Board||0yrs||no data||no data|
Experienced Board: KWK3's board of directors are considered experienced (6.5 years average tenure).
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.
Energiedienst Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Energiedienst Holding AG
- Ticker: KWK3
- Exchange: DB
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: CHF1.021b
- Listing Market Cap: CHF941.357m
- Shares outstanding: 33.04m
- Website: https://www.energiedienst.de
Number of Employees
- Energiedienst Holding AG
- Baslerstrasse 44
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EDHN||SWX (SIX Swiss Exchange)||Yes||Nominal Shares||CH||CHF||Feb 1993|
|KWK3||DB (Deutsche Boerse AG)||Yes||Nominal Shares||DE||EUR||Feb 1993|
Energiedienst Holding AG produces, distributes, and sells electricity in Switzerland. It generates electricity from hydro, gas, sun, and wind sources. The company also provides heat and decentralized production services. It serves approximately 270,000 private and commercial customers. The company is based in Laufenburg, Switzerland. Energiedienst Holding AG is a subsidiary of EnBW Energie Baden-Württemberg AG.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/25 20:48|
|End of Day Share Price||2019/06/28 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.