CIE Automotive, S.A. designs, manufactures, and sells automotive components and sub-assemblies worldwide.
Solid track record with adequate balance sheet.
Share Price & News
How has CIE Automotive's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CIE's share price has been volatile over the past 3 months.
7 Day Return
ES Auto Components
1 Year Return
ES Auto Components
Return vs Industry: CIE underperformed the Spanish Auto Components industry which returned -17.5% over the past year.
Return vs Market: CIE underperformed the Spanish Market which returned -17.8% over the past year.
Price Volatility Vs. Market
How volatile is CIE Automotive's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Does CIE Automotive, S.A.'s (BME:CIE) Earnings Growth Stack Up Against Industry Performance?
3 weeks ago | Simply Wall StSome CIE Automotive, S.A. (BME:CIE) Analysts Just Made A Major Cut To Next Year's Estimates
1 month ago | Simply Wall StCIE Automotive, S.A. (BME:CIE) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Is CIE Automotive 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: CIE (€17.09) is trading above our estimate of fair value (€11.32)
Significantly Below Fair Value: CIE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CIE is good value based on its PE Ratio (7.7x) compared to the Auto Components industry average (10.6x).
PE vs Market: CIE is good value based on its PE Ratio (7.7x) compared to the Spanish market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: CIE is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: CIE is overvalued based on its PB Ratio (1.8x) compared to the XE Auto Components industry average (0.9x).
How is CIE Automotive forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CIE's forecast earnings growth (13% per year) is above the savings rate (1.3%).
Earnings vs Market: CIE's earnings (13% per year) are forecast to grow slower than the Spanish market (18% per year).
High Growth Earnings: CIE's earnings are forecast to grow, but not significantly.
Revenue vs Market: CIE's revenue (7.5% per year) is forecast to grow faster than the Spanish market (4.9% per year).
High Growth Revenue: CIE's revenue (7.5% 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 low in 3 years time (19.8%).
How has CIE Automotive performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIE has high quality earnings.
Growing Profit Margin: CIE's current net profit margins (8.3%) are higher than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: CIE's earnings have grown by 16.7% per year over the past 5 years.
Accelerating Growth: CIE's earnings growth over the past year (45.6%) exceeds its 5-year average (16.7% per year).
Earnings vs Industry: CIE earnings growth over the past year (45.6%) exceeded the Auto Components industry -15.9%.
Return on Equity
High ROE: Whilst CIE's Return on Equity (25.86%) is high, this metric is skewed due to their high level of debt.
How is CIE Automotive's financial position?
Financial Position Analysis
Short Term Liabilities: CIE's short term assets (€1.4B) exceed its short term liabilities (€165.8M).
Long Term Liabilities: CIE's short term assets (€1.4B) do not cover its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: CIE's debt to equity ratio (130.5%) is considered high.
Reducing Debt: CIE's debt to equity ratio has reduced from 133.4% to 130.5% over the past 5 years.
Debt Coverage: CIE's debt is well covered by operating cash flow (36.2%).
Interest Coverage: CIE's interest payments on its debt are well covered by EBIT (12.1x coverage).
What is CIE Automotive's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CIE's dividend (4.33%) is higher than the bottom 25% of dividend payers in the Spanish market (2.69%).
High Dividend: CIE's dividend (4.33%) is low compared to the top 25% of dividend payers in the Spanish market (7.63%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CIE has been paying a dividend for less than 10 years.
Growing Dividend: CIE's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.6%), CIE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CIE's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jesus Maria Herrera Barandiaran (52yo)
Mr. Jesus Maria Herrera Barandiaran has been the Chief Executive Officer of Cie Automotive, S.A. since January 21, 2013. Mr. Herrera Barandiaran has been an Executive Director of Cie Automotive, S.A. since ...
CEO Compensation Analysis
Compensation vs Market: Jesus Maria's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD1.15M).
Compensation vs Earnings: Jesus Maria's compensation has increased by more than 20% in the past year.
|CEO & Executive Director||7.42yrs||€1.14m||1.35% €29.8m|
|Executive Director||14.5yrs||€2.14m||0.020% €440.9k|
|Proprietary Director||9.67yrs||no data||no data|
|Proprietary Chairman||18.42yrs||€2.21m||no data|
|Proprietary Director||15.08yrs||no data||no data|
|Vice Chairwoman||no data||no data||no data|
|Proprietary Director||13.17yrs||no data||no data|
|Proprietary Director||9.67yrs||no data||no data|
|Lead Independent Director||no data||€120.00k||no data|
|Independent Director||9.67yrs||€80.00k||no data|
Experienced Board: CIE's board of directors are seasoned and experienced ( 11.4 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.
CIE Automotive, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: CIE Automotive, S.A.
- Ticker: CIE
- Exchange: BME
- Founded: 1996
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €2.205b
- Shares outstanding: 129.00m
- Website: https://www.cieautomotive.com
Number of Employees
- CIE Automotive, S.A.
- Alameda Mazarredo 69, 8º
- Basque Country
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CIE||BME (Bolsas y Mercados Espanoles)||Yes||Ordinary Shares||ES||EUR||Jan 1992|
|0DZC||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|CUOT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|CAD||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|CIEE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|CIEA N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jan 1992|
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. In addition, it offers transmission and gearbox products, such as mechanical and gearbox housings, clutch and transmission housings, pistons, gearbox components and oil pans, differential cases, planetary carriers, flanges, axle shafts, CVT and hybrid components, crowns, and forging parts for CV-joints. Further, the company is involved in the services and installations, waste management and recovery, scrap, real estate, electricity production and sale, agro-biotechnology, fatty oils marketing, and biofuel production and sale businesses. It offers its products to original equipment manufacturers and TIER-1 suppliers. CIE Automotive, S.A. was founded in 1996 and is headquartered in Bilbao, Spain.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 21:41|
|End of Day Share Price||2020/06/02 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.