FLSmidth
Market Cap
kr.11.3b
Last Updated
2021/04/19 17:01 UTC
Data Sources
Company Financials +
Executive Summary
FLSmidth & Co. A/S supplies engineering, equipment, and services solutions to the cement and mining industries worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has FLSmidth's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLS is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FLS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-4.6%
FLS
-4.2%
DK Machinery
0.5%
DK Market
1 Year Return
49.8%
FLS
64.2%
DK Machinery
34.2%
DK Market
Return vs Industry: FLS underperformed the Danish Machinery industry which returned 64.2% over the past year.
Return vs Market: FLS exceeded the Danish Market which returned 34.2% over the past year.
Shareholder returns
| FLS | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.6% | -4.2% | 0.5% |
| 30 Day | -5.9% | -2.4% | 4.8% |
| 90 Day | -3.9% | 6.2% | 2.6% |
| 1 Year | 51.0%49.8% | 65.4%64.2% | 36.9%34.2% |
| 3 Year | -38.4%-40.8% | -36.5%-38.2% | 76.3%64.0% |
| 5 Year | -9.5%-16.2% | 102.6%26.9% | 79.9%58.0% |
Long-Term Price Volatility Vs. Market
How volatile is FLSmidth's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
At kr.223, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?2 weeks ago | Simply Wall St
Key Things To Watch Out For If You Are After FLSmidth & Co. A/S's (CPH:FLS) 0.8% Dividend4 weeks ago | Simply Wall St
FLSmidth & Co. A/S (CPH:FLS) Goes Ex-Dividend SoonValuation
Is FLSmidth undervalued compared to its fair value and its price relative to the market?
9.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FLS (DKK225.1) is trading below our estimate of fair value (DKK247.73)
Significantly Below Fair Value: FLS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FLS is poor value based on its PE Ratio (48.9x) compared to the XE Machinery industry average (29.6x).
PE vs Market: FLS is poor value based on its PE Ratio (48.9x) compared to the Danish market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: FLS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: FLS is good value based on its PB Ratio (1.4x) compared to the DK Machinery industry average (1.7x).
Future Growth
How is FLSmidth forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
28.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLS's forecast earnings growth (28.8% per year) is above the savings rate (0.2%).
Earnings vs Market: FLS's earnings (28.8% per year) are forecast to grow faster than the Danish market (10.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FLS's revenue (5.9% per year) is forecast to grow slower than the Danish market (6.7% per year).
High Growth Revenue: FLS's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLS's Return on Equity is forecast to be low in 3 years time (9.2%).
Past Performance
How has FLSmidth performed over the past 5 years?
3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLS has high quality earnings.
Growing Profit Margin: FLS's current net profit margins (1.4%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: FLS's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: FLS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FLS had negative earnings growth (-71%) over the past year, making it difficult to compare to the Machinery industry average (-13.7%).
Return on Equity
High ROE: FLS's Return on Equity (2.8%) is considered low.
Financial Health
How is FLSmidth's financial position?
Financial Position Analysis
Short Term Liabilities: FLS's short term assets (DKK10.4B) exceed its short term liabilities (DKK8.4B).
Long Term Liabilities: FLS's short term assets (DKK10.4B) exceed its long term liabilities (DKK4.0B).
Debt to Equity History and Analysis
Debt Level: FLS's debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: FLS's debt to equity ratio has reduced from 60.1% to 29.9% over the past 5 years.
Debt Coverage: FLS's debt is well covered by operating cash flow (58.4%).
Interest Coverage: FLS's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
Dividend
What is FLSmidth current dividend yield, its reliability and sustainability?
0.89%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FLS's dividend (0.89%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.15%).
High Dividend: FLS's dividend (0.89%) is low compared to the top 25% of dividend payers in the Danish market (3.5%).
Stability and Growth of Payments
Stable Dividend: FLS's dividend payments have been volatile in the past 10 years.
Growing Dividend: FLS's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.4%), FLS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FLS's dividends in 3 years are forecast to be well covered by earnings (42.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Thomas Schulz (55 yo)
7.92yrs
Tenure
kr.10,981,000
Compensation
Mr. Thomas Schulz has been Group Chief Executive Officer at FLSmidth & Co. A/S since May 1, 2013. Mr. Schulz has extensive experience from the global mining and construction industry. He served as the Pres...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD1.77M) is about average for companies of similar size in the Danish market ($USD1.45M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FLS's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: FLS's board of directors are considered experienced (3.9 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
FLSmidth & Co. A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: FLSmidth & Co. A/S
- Ticker: FLS
- Exchange: CPSE
- Founded: 1882
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: kr.11.339b
- Shares outstanding: 50.15m
- Website: https://www.flsmidth.com
Number of Employees
Location
- FLSmidth & Co. A/S
- Vigerslev Allé 77
- Valby
- Copenhagen
- Capital Region of Denmark
- 2500
- Denmark
Listings
Biography
FLSmidth & Co. A/S supplies engineering, equipment, and services solutions to the cement and mining industries worldwide. The company operates through Mining and Cement segments. The company also engages i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 17:01 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.