Lechwerke AG, together with its subsidiaries, operates as an energy supplier in Germany. More Details
Average dividend payer with adequate balance sheet.
Share Price & News
How has Lechwerke's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LEC is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LEC's weekly volatility (3%) has been stable over the past year.
7 Day Return
DE Electric Utilities
1 Year Return
DE Electric Utilities
Return vs Industry: LEC underperformed the German Electric Utilities industry which returned 20.1% over the past year.
Return vs Market: LEC matched the German Market which returned 0.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Lechwerke's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWill Lechwerke's (FRA:LEC) Growth In ROCE Persist?
1 month ago | Simply Wall StAre Lechwerke AG's (FRA:LEC) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
1 month ago | Simply Wall StAre Lechwerke's (FRA:LEC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Is Lechwerke 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: LEC (€100) is trading above our estimate of fair value (€58.24)
Significantly Below Fair Value: LEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LEC is poor value based on its PE Ratio (25.3x) compared to the XE Electric Utilities industry average (10.2x).
PE vs Market: LEC is poor value based on its PE Ratio (25.3x) compared to the German market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LEC is overvalued based on its PB Ratio (6.5x) compared to the XE Electric Utilities industry average (0.8x).
How is Lechwerke forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Lechwerke 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.
- Examine Lechwerke's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Lechwerke competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Lechwerke performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LEC has high quality earnings.
Growing Profit Margin: LEC's current net profit margins (5.7%) are lower than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: LEC's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: LEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LEC had negative earnings growth (-31.7%) over the past year, making it difficult to compare to the Electric Utilities industry average (-3.5%).
Return on Equity
High ROE: LEC's Return on Equity (17.5%) is considered low.
How is Lechwerke's financial position?
Financial Position Analysis
Short Term Liabilities: LEC's short term assets (€145.5M) do not cover its short term liabilities (€175.9M).
Long Term Liabilities: LEC's short term assets (€145.5M) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: LEC is debt free.
Reducing Debt: LEC has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: LEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LEC has no debt, therefore coverage of interest payments is not a concern.
What is Lechwerke current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LEC's dividend (2.8%) is higher than the bottom 25% of dividend payers in the German market (1.12%).
High Dividend: LEC's dividend (2.8%) is low compared to the top 25% of dividend payers in the German market (3.64%).
Stability and Growth of Payments
Stable Dividend: LEC's dividends per share have been stable in the past 10 years.
Growing Dividend: LEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.9%), LEC'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.
How experienced are the management team and are they aligned to shareholders interests?
Lechwerke has no CEO, or we have no data on them.
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.
Lechwerke AG's company bio, employee growth, exchange listings and data sources
- Name: Lechwerke AG
- Ticker: LEC
- Exchange: DB
- Founded: 1898
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €3.580b
- Shares outstanding: 35.44m
- Website: https://www.lew.de
Number of Employees
- Lechwerke AG
- Schaezlerstrasse 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LEC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
Lechwerke AG, together with its subsidiaries, operates as an energy supplier in Germany. It supplies electricity and gas to private, commercial, and business customers, as well as municipalities; and offer...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 21:56|
|End of Day Share Price||2020/11/24 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.