Vestas Wind Systems
Market Cap
ø109.5b
Last Updated
2019/09/15 20:46 UTC
Data Sources
Company Financials +
Executive Summary
Vestas Wind Systems A/S designs, manufactures, installs, and services wind turbines worldwide.
Snowflake
Fundamentals
Flawless balance sheet with limited growth.
Similar Companies
Share Price & News
How has Vestas Wind Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
9.5%
CPSE:VWS
5.0%
DK Electrical
-2.3%
DK Market
1 Year Return
32.9%
CPSE:VWS
5.1%
DK Electrical
5.6%
DK Market
VWS outperformed the Electrical industry which returned 5.1% over the past year.
VWS outperformed the Market in Denmark which returned 5.6% over the past year.
Share holder returns
| VWS | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.5% | 5.0% | -2.3% |
| 30 Day | 9.6% | 12.0% | 0.3% |
| 90 Day | -4.0% | 6.4% | 1.6% |
| 1 Year | 34.6%32.9% | 8.1%5.1% | 8.8%5.6% |
| 3 Year | 6.5%1.2% | 18.5%8.3% | 31.8%20.8% |
| 5 Year | 158.2%138.6% | 47.0%-29.6% | 60.2%36.7% |
Price Volatility Vs. Market
How volatile is Vestas Wind Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Vestas Wind Systems A/S (CPH:VWS) A High Quality Stock To Own?3 weeks ago | Simply Wall St
Is Vestas Wind Systems A/S’s (CPH:VWS) 17% ROCE Any Good?1 month ago | Simply Wall St
What Should Investors Know About The Future Of Vestas Wind Systems A/S's (CPH:VWS)?Valuation
Is Vestas Wind Systems undervalued based on future cash flows and its price relative to the stock market?
28.78x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Vestas Wind Systems's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Vestas Wind Systems's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Vestas Wind Systems is overvalued based on earnings compared to the Europe Electrical industry average.
Vestas Wind Systems is overvalued based on earnings compared to the Denmark market.
Price Based on Expected Growth
Vestas Wind Systems is poor value based on expected growth next year.
Price Based on Value of Assets
Vestas Wind Systems is overvalued based on assets compared to the Europe Electrical industry average.
Next Steps
Future Growth
How is Vestas Wind Systems expected to perform in the next 1 to 3 years based on estimates from 19 analysts?
11.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Vestas Wind Systems's revenue is expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).
Vestas Wind Systems's earnings are expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).
Vestas Wind Systems's revenue growth is positive but not above the Denmark market average.
Vestas Wind Systems's earnings growth is positive but not above the Denmark market average.
Vestas Wind Systems's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Earnings per Share Growth Estimates
Future Return on Equity
Vestas Wind Systems is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
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Past Performance
How has Vestas Wind Systems performed over the past 5 years?
10.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Vestas Wind Systems's year on year earnings growth rate has been positive over the past 5 years.
Vestas Wind Systems's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Vestas Wind Systems's 1-year earnings growth is negative, it can't be compared to the Europe Electrical industry average.
Return on Equity
Vestas Wind Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Vestas Wind Systems used its assets less efficiently than the Europe Electrical industry average last year based on Return on Assets.
Return on Capital Employed
Vestas Wind Systems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Vestas Wind Systems's financial position?
Financial Position Analysis
Vestas Wind Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Vestas Wind Systems's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Vestas Wind Systems's level of debt (19.2%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (30.7% vs 19.2% today).
Debt is well covered by operating cash flow (165.7%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 23.6x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 17x debt.
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Dividend
What is Vestas Wind Systems's current dividend yield, its reliability and sustainability?
1.72%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Vestas Wind Systems's pays a lower dividend yield than the bottom 25% of dividend payers in Denmark (1.67%).
Vestas Wind Systems's dividend is below the markets top 25% of dividend payers in Denmark (5.03%).
Vestas Wind Systems has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but Vestas Wind Systems only paid a dividend in the past 5 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
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Management
What is the CEO of Vestas Wind Systems's salary, the management and board of directors tenure and is there insider trading?
7.2yrs
Average management tenure
CEO
Henrik Andersen (52yo)
0.08yrs
Tenure
€1,100,000
Compensation
Mr. Henrik Andersen has been Group President and Chief Executive Officer of Vestas Wind Systems A/S since August 1, 2019. Mr. Andersen served as the Chief Executive Officer of Hempel A/S from March 01, 201 ...
Management Age and Tenure
7.2yrs
Average Tenure
56yo
Average Age
The average tenure for the Vestas Wind Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
7.5yrs
Average Tenure
59yo
Average Age
The tenure for the Vestas Wind Systems board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Henrik Andersen (52yo)
Group President & CEO
- Tenure: 0.08yrs
- Compensation: €1.10m
Jean-Marc Lechêne (61yo)
COO and Executive VP of Manufacturing & Global Procurement
- Tenure: 7.2yrs
Kim Thomsen (56yo)
HR Business Partner of People & Culture and Director
- Tenure: 23.3yrs
- Compensation: €650.00k
Marika Fredriksson (56yo)
Executive VP & CFO
- Tenure: 6.3yrs
Juan Aralucey De Azagra (56yo)
Executive Vice President of Sales
- Tenure: 7.6yrs
Torben Bonde
CIO and Senior Vice President of Group IT
- Tenure: 20.7yrs
Patrik Setterberg
VP & Head of Investor Relations
- Tenure: 0yrs
Anders Vedel (62yo)
Executive Vice President of Technology
- Tenure: 7.6yrs
Peter Lindholst (48yo)
VP of Concept Development
- Tenure: 3.5yrs
- Compensation: €400.00k
Anders Riis
Director & Head of Communications
- Tenure: 0yrs
Board Members
Bert Ake Nordberg (63yo)
Chairman
- Tenure: 7.5yrs
- Compensation: €2.14m
Henry Sténson (64yo)
Director
- Tenure: 6.5yrs
- Compensation: €483.89k
Kim Thomsen (56yo)
HR Business Partner of People & Culture and Director
- Tenure: 23.3yrs
- Compensation: €650.00k
Lars Josefsson (66yo)
Deputy Chairman
- Tenure: 7.5yrs
- Compensation: €1.83m
Sussie Agerbo (49yo)
Director
- Tenure: 13.8yrs
- Compensation: €400.00k
Carsten Bjerg (60yo)
Director
- Tenure: 8.5yrs
- Compensation: €909.43k
Eija Pitkänen (58yo)
Director
- Tenure: 7.5yrs
- Compensation: €650.00k
Michael Lisbjerg (45yo)
Director
- Tenure: 11.4yrs
- Compensation: €400.00k
Torben Sorensen (68yo)
Director
- Tenure: 4.5yrs
- Compensation: €650.00k
Peter Lindholst (48yo)
VP of Concept Development
- Tenure: 3.5yrs
- Compensation: €400.00k
Company Information
Vestas Wind Systems A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vestas Wind Systems A/S
- Ticker: VWS
- Exchange: CPSE
- Founded: 1898
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Market Cap: ø109.510b
- Shares outstanding: 197.74m
- Website: https://www.vestas.com
Number of Employees
Location
- Vestas Wind Systems A/S
- Hedeager 42
- Aarhus N
- Aarhus
- Central Denmark Region
- 8200
- Denmark
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VWSY.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 1998 |
| VWS | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | May 1998 |
| 0NMK | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | DKK | May 1998 |
| VWS N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | May 1998 |
| VWS | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | May 1998 |
| VWS | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | May 1998 |
| VWS | CPSE (OMX Nordic Exchange Copenhagen) | Yes | Ordinary Shares | DK | DKK | May 1998 |
| VWS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 1998 |
| VWSC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | DKK | May 1998 |
| VWSA | DB (Deutsche Boerse AG) | ADR EACH REPR 0.33333 SHS | DE | EUR | Jan 2007 | |
| VWDR.Y | OTCPK (Pink Sheets LLC) | ADR EACH REPR 0.33333 SHS | US | USD | Jan 2007 | |
| VWSA | XTRA (XETRA Trading Platform) | ADR EACH REPR 0.33333 SHS | DE | EUR | Jan 2007 |
Biography
Vestas Wind Systems A/S designs, manufactures, installs, and services wind turbines worldwide. The company operates in two segments, Power Solutions and Service. The Power Solutions segment sells wind powe ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/15 20:46 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.