| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
CIE Stock Overview
CIE Automotive, S.A. designs, manufactures, and sells automotive components and sub-assemblies worldwide.
CIE Automotive Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €25.04 |
| 52 Week High | €28.44 |
| 52 Week Low | €18.68 |
| Beta | 1.25 |
| 1 Month Change | 4.60% |
| 3 Month Change | 26.15% |
| 1 Year Change | -1.03% |
| 3 Year Change | 22.39% |
| 5 Year Change | 19.84% |
| Change since IPO | 12,040.02% |
Recent News & Updates
Is It Time To Consider Buying CIE Automotive, S.A. (BME:CIE)?
CIE Automotive, S.A. ( BME:CIE ), might not be a large cap stock, but it saw a significant share price rise of over 20...
With EPS Growth And More, CIE Automotive (BME:CIE) Is Interesting
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Shareholder Returns
| CIE | ES Auto Components | ES Market | |
|---|---|---|---|
| 7D | -2.1% | -0.8% | -0.3% |
| 1Y | -1.0% | -30.1% | -7.1% |
Return vs Industry: CIE exceeded the Spanish Auto Components industry which returned -30.1% over the past year.
Return vs Market: CIE exceeded the Spanish Market which returned -7.1% over the past year.
Price Volatility
| CIE volatility | |
|---|---|
| CIE Average Weekly Movement | 4.8% |
| Auto Components Industry Average Movement | 5.9% |
| Market Average Movement | 3.9% |
| 10% most volatile stocks in ES Market | 7.0% |
| 10% least volatile stocks in ES Market | 0.7% |
Stable Share Price: CIE is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CIE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 24,484 | Jesus Maria Herrera Barandiaran | https://www.cieautomotive.com |
CIE Automotive, S.A. designs, manufactures, and sells automotive components and sub-assemblies worldwide. It offers roof systems, including opening roof, shading, and glazing systems; BIW, chassis, and steering products, such as body in white, hubs, outer rings and spindles, steering column brackets, EPS main housings and components, steering nuts, airbag frames, steering housings, brake boosters, steering column tubes, rear axles, and seat structures; and exterior/interior trim products comprising arm rests, storage compartments, central consoles, ashtrays, glove compartments, in mold decorations, trim parts, emblems, rear-view mirrors, crossbeams, and front covers. The company also provides axle beams and spindles, brake camshafts, axle shafts, rear axle assemblies, pistons, levers, air suspension brackets, spindles, stabilizer bars, and sector shafts; and engine products, including crankshafts, crankshaft caps, diesel and gasoline common rails, ladder frames, camshaft covers and bearings, camshaft bearings housings, valve guides, brackets, exhaust air duct tubes, air tanks, and oil pans.
CIE Automotive Fundamentals Summary
| CIE fundamental statistics | |
|---|---|
| Market Cap | €3.00b |
| Earnings (TTM) | €277.70m |
| Revenue (TTM) | €3.56b |
10.8x
P/E Ratio0.8x
P/S RatioIs CIE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIE income statement (TTM) | |
|---|---|
| Revenue | €3.56b |
| Cost of Revenue | €2.31b |
| Gross Profit | €1.25b |
| Other Expenses | €973.94m |
| Earnings | €277.70m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.32 |
| Gross Margin | 35.12% |
| Net Profit Margin | 7.79% |
| Debt/Equity Ratio | 136.6% |
How did CIE perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield16%
Payout RatioValuation
Is CIE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CIE?
Other financial metrics that can be useful for relative valuation.
| What is CIE's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €3.00b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.4x |
| Enterprise Value/EBITDA | 8.4x |
| PEG Ratio | 1x |
Price to Earnings Ratio vs Peers
How does CIE's PE Ratio compare to its peers?
| CIE PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 20.6x | ||
GEST Gestamp Automoción | 11x | 21.5% | €2.1b |
3116 Toyota Boshoku | 14.4x | 22.5% | JP¥369.2b |
425 Minth Group | 15x | 17.6% | HK$26.1b |
VC Visteon | 42.1x | 36.0% | US$3.4b |
CIE CIE Automotive | 10.8x | 10.6% | €3.0b |
Price-To-Earnings vs Peers: CIE is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (20.6x).
Price to Earnings Ratio vs Industry
How does CIE's PE Ratio compare vs other companies in the European Auto Components Industry?
Price-To-Earnings vs Industry: CIE is good value based on its Price-To-Earnings Ratio (10.8x) compared to the European Auto Components industry average (12.4x)
Price to Earnings Ratio vs Fair Ratio
What is CIE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 10.8x |
| Fair PE Ratio | 14.9x |
Price-To-Earnings vs Fair Ratio: CIE is good value based on its Price-To-Earnings Ratio (10.8x) compared to the estimated Fair Price-To-Earnings Ratio (14.9x).
Share Price vs Fair Value
What is the Fair Price of CIE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CIE (€25.04) is trading below our estimate of fair value (€39.92)
Significantly Below Fair Value: CIE is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Future Growth
How is CIE Automotive forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CIE's forecast earnings growth (10.6% per year) is above the savings rate (0.9%).
Earnings vs Market: CIE's earnings (10.6% per year) are forecast to grow slower than the Spanish market (12.6% per year).
High Growth Earnings: CIE's earnings are forecast to grow, but not significantly.
Revenue vs Market: CIE's revenue (5.7% per year) is forecast to grow faster than the Spanish market (3.9% per year).
High Growth Revenue: CIE's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CIE's Return on Equity is forecast to be high in 3 years time (22.6%)
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Past Performance
How has CIE Automotive performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIE has high quality earnings.
Growing Profit Margin: CIE's current net profit margins (7.8%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: CIE's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: CIE's earnings growth over the past year (1.2%) is below its 5-year average (5.2% per year).
Earnings vs Industry: CIE earnings growth over the past year (1.2%) exceeded the Auto Components industry -2.6%.
Return on Equity
High ROE: Whilst CIE's Return on Equity (20.25%) is high, this metric is skewed due to their high level of debt.
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Financial Health
How is CIE Automotive's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CIE's short term assets (€1.8B) do not cover its short term liabilities (€1.9B).
Long Term Liabilities: CIE's short term assets (€1.8B) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: CIE's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: CIE's debt to equity ratio has increased from 95.6% to 136.6% over the past 5 years.
Debt Coverage: CIE's debt is well covered by operating cash flow (24.5%).
Interest Coverage: CIE's interest payments on its debt are well covered by EBIT (19.9x coverage).
Balance Sheet
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Dividend
What is CIE Automotive current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIE's dividend (2.88%) is higher than the bottom 25% of dividend payers in the Spanish market (2.19%).
High Dividend: CIE's dividend (2.88%) is low compared to the top 25% of dividend payers in the Spanish market (5.9%).
Stability and Growth of Payments
Stable Dividend: CIE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIE's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.8%), CIE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.4%), CIE's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
11.8yrs
Average board tenure
CEO
Jesus Maria Herrera Barandiaran (55 yo)
9.58yrs
Tenure
€3,619,000
Compensation
Mr. Jesus Maria Herrera Barandiaran has been the Chief Executive Officer and Executive Director of Cie Automotive, S.A. since January 21, 2013. Mr. Herrera Barandiaran served as the Chief Operating Officer...
CEO Compensation Analysis
Compensation vs Market: Jesus Maria's total compensation ($USD3.68M) is above average for companies of similar size in the Spanish market ($USD1.84M).
Compensation vs Earnings: Jesus Maria's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: CIE's board of directors are seasoned and experienced ( 11.8 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
CIE Automotive, S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: CIE Automotive, S.A.
- Ticker: CIE
- Exchange: BME
- Founded: 1996
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: €2.997b
- Shares outstanding: 119.71m
- Website: https://www.cieautomotive.com
Number of Employees
Location
- CIE Automotive, S.A.
- Alameda Mazarredo 69,
- 8th Floor
- Bilbao
- Basque Country
- 48009
- Spain
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/07 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.