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Delfingen Industry

ENXTPA:ALDEL
Snowflake Description

Undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALDEL
ENXTPA
€47M
Market Cap
  1. Home
  2. FR
  3. Automobiles
Company description

Delfingen Industry S.A. provides protection systems, fluid transfer tubing products, and associated services to OEMs and automotive suppliers worldwide. The last earnings update was 55 days ago. More info.


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ALDEL Share Price and Events
7 Day Returns
-3.9%
ENXTPA:ALDEL
-4.3%
FR Auto Components
-2.3%
FR Market
1 Year Returns
-49.4%
ENXTPA:ALDEL
-34.4%
FR Auto Components
-4%
FR Market
ALDEL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Delfingen Industry (ALDEL) -3.9% -4.9% -2% -49.4% -7.5% -16.9%
FR Auto Components -4.3% -13.2% -4.2% -34.4% -9.1% 4.4%
FR Market -2.3% -4.3% 2.2% -4% 23.9% 25.8%
1 Year Return vs Industry and Market
  • ALDEL underperformed the Auto Components industry which returned -34.4% over the past year.
  • ALDEL underperformed the Market in France which returned -4% over the past year.
Price Volatility
ALDEL
Industry
5yr Volatility vs Market

Value

 Is Delfingen Industry undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Delfingen Industry to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Delfingen Industry.

ENXTPA:ALDEL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.2%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:ALDEL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.092 (1 + (1- 33%) (136.18%))
1.729
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.73
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (1.729 * 6.65%)
12.23%

Discounted Cash Flow Calculation for ENXTPA:ALDEL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Delfingen Industry is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:ALDEL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.23%)
2019 2.30 Analyst x1 2.05
2020 5.00 Analyst x1 3.97
2021 7.59 Est @ 51.89% 5.37
2022 10.37 Est @ 36.55% 6.54
2023 13.05 Est @ 25.8% 7.33
2024 15.43 Est @ 18.28% 7.72
2025 17.44 Est @ 13.02% 7.78
2026 19.07 Est @ 9.33% 7.57
2027 20.35 Est @ 6.75% 7.20
2028 21.36 Est @ 4.95% 6.74
Present value of next 10 years cash flows €62.27
ENXTPA:ALDEL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €21.36 × (1 + 0.73%) ÷ (12.23% – 0.73%)
€187.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €187.13 ÷ (1 + 12.23%)10
€59.02
ENXTPA:ALDEL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €62.27 + €59.02
€121.28
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €121.28 / 2.41
€50.4
ENXTPA:ALDEL Discount to Share Price
Calculation Result
Value per share (EUR) From above. €50.40
Current discount Discount to share price of €19.60
= -1 x (€19.60 - €50.40) / €50.40
61.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Delfingen Industry is available for.
Intrinsic value
>50%
Share price is €19.6 vs Future cash flow value of €50.4
Current Discount Checks
For Delfingen Industry to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Delfingen Industry's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Delfingen Industry's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Delfingen Industry's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Delfingen Industry's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ALDEL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €2.40
ENXTPA:ALDEL Share Price ** ENXTPA (2019-05-24) in EUR €19.6
France Auto Components Industry PE Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 7.02x
France Market PE Ratio Median Figure of 421 Publicly-Listed Companies 17.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Delfingen Industry.

ENXTPA:ALDEL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ALDEL Share Price ÷ EPS (both in EUR)

= 19.6 ÷ 2.40

8.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Delfingen Industry is overvalued based on earnings compared to the FR Auto Components industry average.
  • Delfingen Industry is good value based on earnings compared to the France market.
Price based on expected Growth
Does Delfingen Industry's expected growth come at a high price?
Raw Data
ENXTPA:ALDEL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
22.4%per year
France Auto Components Industry PEG Ratio Median Figure of 6 Publicly-Listed Auto Components Companies 0.62x
France Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

ENXTPA:ALDEL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.18x ÷ 22.4%

0.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Delfingen Industry is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Delfingen Industry's assets?
Raw Data
ENXTPA:ALDEL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €28.16
ENXTPA:ALDEL Share Price * ENXTPA (2019-05-24) in EUR €19.6
France Auto Components Industry PB Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 1.33x
France Market PB Ratio Median Figure of 622 Publicly-Listed Companies 1.42x
ENXTPA:ALDEL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ALDEL Share Price ÷ Book Value per Share (both in EUR)

= 19.6 ÷ 28.16

0.7x

* Primary Listing of Delfingen Industry.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Delfingen Industry is good value based on assets compared to the FR Auto Components industry average.
X
Value checks
We assess Delfingen Industry's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Delfingen Industry has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Delfingen Industry expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Delfingen Industry expected to grow at an attractive rate?
  • Delfingen Industry's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Delfingen Industry's earnings growth is expected to exceed the France market average.
  • Delfingen Industry's revenue growth is positive but not above the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ALDEL Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ALDEL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 22.4%
ENXTPA:ALDEL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4.1%
France Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
France Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
France Market Earnings Growth Rate Market Cap Weighted Average 13.2%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:ALDEL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ALDEL Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 233 9 1
2019-12-31 225 8 1
ENXTPA:ALDEL Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 214 10 6
2018-09-30 209 8 8
2018-06-30 205 6 9
2018-03-31 204 7 9
2017-12-31 204 9 9
2017-09-30 198 12 8
2017-06-30 192 15 7
2017-03-31 184 14 7
2016-12-31 176 14 7
2016-09-30 175 12 6
2016-06-30 174 11 5
2016-03-31 173 11 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Delfingen Industry's earnings are expected to grow significantly at over 20% yearly.
  • Delfingen Industry's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:ALDEL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Delfingen Industry Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALDEL Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 3.76 3.76 3.76 1.00
2019-12-31 3.28 3.28 3.28 1.00
ENXTPA:ALDEL Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 2.40
2018-09-30 3.14
2018-06-30 3.87
2018-03-31 3.88
2017-12-31 3.89
2017-09-30 3.48
2017-06-30 3.06
2017-03-31 3.01
2016-12-31 2.97
2016-09-30 2.64
2016-06-30 2.30
2016-03-31 2.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Delfingen Industry will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Delfingen Industry's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Delfingen Industry has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Delfingen Industry performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Delfingen Industry's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Delfingen Industry's year on year earnings growth rate has been positive over the past 5 years.
  • Delfingen Industry's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Delfingen Industry's 1-year earnings growth is negative, it can't be compared to the FR Auto Components industry average.
Earnings and Revenue History
Delfingen Industry's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Delfingen Industry Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALDEL Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 214.03 5.77 66.08
2018-09-30 209.49 7.63 65.10
2018-06-30 204.96 9.49 64.12
2018-03-31 204.46 9.43 63.64
2017-12-31 203.96 9.37 63.16
2017-09-30 198.22 8.23 60.27
2017-06-30 192.48 7.10 57.37
2017-03-31 184.12 6.99 53.92
2016-12-31 175.76 6.89 50.47
2016-09-30 174.77 6.06 49.50
2016-06-30 173.77 5.24 48.53
2016-03-31 173.01 5.70 47.83
2015-12-31 172.24 6.17 47.13
2015-09-30 167.87 6.06 45.39
2015-06-30 163.50 5.95 43.66
2015-03-31 157.62 5.19 42.03
2014-12-31 151.75 4.44 40.40
2014-09-30 141.78 3.52 37.22
2014-06-30 139.70 3.05 35.13
2014-03-31 134.19 3.07 32.95
2013-12-31 124.73 2.88 30.24
2013-09-30 126.42 3.08 29.98
2013-06-30 124.16 3.06 29.18
2013-03-31 123.30 3.36 28.75
2012-12-31 122.45 3.65 28.32
2012-09-30 120.45 3.42 27.59
2012-06-30 118.45 3.18 26.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Delfingen Industry has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Delfingen Industry used its assets less efficiently than the FR Auto Components industry average last year based on Return on Assets.
  • Delfingen Industry's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Delfingen Industry's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Delfingen Industry has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Delfingen Industry's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Delfingen Industry's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Delfingen Industry is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Delfingen Industry's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Delfingen Industry's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Delfingen Industry Company Filings, last reported 4 months ago.

ENXTPA:ALDEL Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 68.01 64.23 9.04
2018-09-30 68.01 64.23 9.04
2018-06-30 64.39 64.29 8.08
2018-03-31 64.39 64.29 8.08
2017-12-31 62.54 59.56 8.53
2017-09-30 62.54 59.56 8.53
2017-06-30 58.10 67.14 15.45
2017-03-31 58.10 67.14 15.45
2016-12-31 58.86 61.27 24.06
2016-09-30 58.86 61.27 24.06
2016-06-30 53.79 59.44 20.62
2016-03-31 53.79 59.44 20.62
2015-12-31 53.18 56.30 22.17
2015-09-30 53.18 56.30 22.17
2015-06-30 51.67 43.96 9.97
2015-03-31 51.67 43.96 9.97
2014-12-31 48.49 41.77 13.63
2014-09-30 48.49 41.77 13.63
2014-06-30 41.75 41.23 12.79
2014-03-31 41.75 41.23 12.79
2013-12-31 39.72 30.67 14.40
2013-09-30 39.72 30.67 14.40
2013-06-30 35.69 29.65 9.46
2013-03-31 35.69 29.65 9.46
2012-12-31 33.94 28.63 8.91
2012-09-30 33.94 28.63 8.91
2012-06-30 34.38 24.73 5.82
  • Delfingen Industry's level of debt (94.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (77.5% vs 94.4% today).
  • Debt is not well covered by operating cash flow (15.9%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).
X
Financial health checks
We assess Delfingen Industry's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Delfingen Industry has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Delfingen Industry's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.92%
Current annual income from Delfingen Industry dividends.
If you bought €2,000 of Delfingen Industry shares you are expected to receive €58 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Delfingen Industry's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.59%).
  • Delfingen Industry's dividend is below the markets top 25% of dividend payers in France (4.52%).
Upcoming dividend payment

Purchase Delfingen Industry before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:ALDEL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
France Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.7%
France Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:ALDEL Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
ENXTPA:ALDEL Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-01 0.572 2.854
2019-03-29 0.572 2.868
2018-05-02 0.940 3.661
2017-04-28 0.590 1.478
2016-04-29 0.530 2.079
2015-04-30 0.380 2.021
2014-03-31 0.250 1.267
2013-03-25 0.360 2.546
2012-06-12 0.070 0.938
2012-06-11 0.070 1.373
2011-06-07 0.180 2.536
2011-04-27 0.180 1.779
2009-09-16 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Delfingen Industry 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 Delfingen Industry only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Delfingen Industry's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Delfingen Industry's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Delfingen Industry afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Delfingen Industry has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Delfingen Industry's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gérald Streit
COMPENSATION €253,502
AGE 42
TENURE AS CEO 4 years
CEO Bio

Mr. Gérald Streit has been the Chief Executive Officer at Delfingen Industry SA since May 20, 2015. Mr. Streit served as a Deputy Chief Executive Officer at Delfingen Industry SA until May 20, 2015. Mr. Streit served as a Director of Delfingen Industry (formerly Hbs Technologie Sa) since January 26, 2002. Mr. Streit also serves as Joint board member of Sofanou Ibérica SA, Sole board member of Lima Inmo SL and Sofanou SA.

CEO Compensation
  • Gérald's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Gérald's remuneration is higher than average for companies of similar size in France.
Management Team

Bernard Streit

TITLE
Chairman
COMPENSATION
€74K
AGE
66
TENURE
17.3 yrs

Gérald Streit

TITLE
Chief Executive Officer
COMPENSATION
€254K
AGE
42
TENURE
4 yrs

Emmanuel Klinklin

TITLE
COO & Executive VP

Marc Lemke

TITLE
Chief Information Officer & Executive VP

Dominique Monange

TITLE
Finance Director and Administrative Director

Damien Personeni

TITLE
Executive Vice President of Global Sales & Business Development

Christophe Clerc

TITLE
Chief Corporate Officer & Executive VP

Jean-François Remond

TITLE
Vice President of Manufacturing
Board of Directors Tenure

Average tenure and age of the Delfingen Industry board of directors in years:

14.8
Average Tenure
65.5
Average Age
  • The average tenure for the Delfingen Industry board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Bernard Streit

TITLE
Chairman
COMPENSATION
€74K
AGE
66

Françoise Streit

TITLE
Director
COMPENSATION
€28K
AGE
65
TENURE
14.3 yrs

David Streit

TITLE
Director
AGE
40
TENURE
15.3 yrs

Michel de Massougnes des Fontaines

TITLE
Independent Director
COMPENSATION
€9K
AGE
72
TENURE
17.3 yrs

Juan Diaz Huder

TITLE
Independent Director
COMPENSATION
€9K
AGE
76
TENURE
14.3 yrs

Cataldo Mangione

TITLE
Independent Director
COMPENSATION
€12K
AGE
65

Annie Kahn

TITLE
Independent Director
COMPENSATION
€12K

Bernhard Müller

TITLE
Independent Director
COMPENSATION
€6K
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Delfingen Industry's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Delfingen Industry has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What You Must Know About Delfingen Industry S.A.'s (EPA:ALDEL) Beta Value

In finance, Beta is a measure of volatility. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Shareholders Should Look Hard At Delfingen Industry S.A.’s (EPA:ALDEL) 9.9% Return On Capital

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Is Delfingen Industry S.A. (EPA:ALDEL) A Smart Choice For Dividend Investors?

Historically, Delfingen Industry S.A. … Does Delfingen Industry tick all the boxes of a great dividend stock? … View our latest analysis for Delfingen Industry

Simply Wall St -

Why Delfingen Industry S.A. (EPA:ALDEL) Is An Attractive Investment To Consider

I've been keeping an eye on Delfingen Industry S.A. … Looking at the company as a whole, as a potential stock investment, I believe ALDEL has a lot to offer. … trading at a great value

Simply Wall St -

What Does Delfingen Industry S.A.'s (EPA:ALDEL) Share Price Indicate?

saw significant share price movement during recent months on the ENXTPA, rising to highs of €23.2 and falling to the lows of €19. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether Delfingen Industry's current trading price of €20 reflective of the actual value of the?

Simply Wall St -

Introducing Delfingen Industry, The Stock That Dropped 49% In The Last Year

(EPA:ALDEL) have tasted that bitter downside in the last year, as the share price dropped 49%. … One flawed but reasonable way to assess how sentiment around a company has changed, is to compare the earnings per share (EPS) with the share price. … Even though the Delfingen Industry share price is down over the year, its EPS actually improved.

Simply Wall St -

What Kind Of Investor Owns Most Of Delfingen Industry S.A. (EPA:ALDEL)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that have been privatized tend to have low insider ownership. … Delfingen Industry is not a large company by global standards.

Simply Wall St -

How Do Delfingen Industry S.A.’s (EPA:ALDEL) Returns On Capital Compare To Peers?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Delfingen Industry S.A. (EPA:ALDEL)?

(EPA:ALDEL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Is It Time To Consider Buying Delfingen Industry SA (EPA:ALDEL)?

received a lot of attention from a substantial price movement on the ENXTPA over the last few months, increasing to €31.4 at one point, and dropping to the lows of €20.6. … A question to answer is whether Delfingen Industry's current trading price of €22.4 reflective of the actual value of the? … Let’s take a look at Delfingen Industry’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Company Info

Description

Delfingen Industry S.A. provides protection systems, fluid transfer tubing products, and associated services to OEMs and automotive suppliers worldwide. The company designs, manufactures, and markets plastic tubing products to textile sleeves for the protection of electrical networks and safe fluid transfer for automotive, industrial, and other applications; and tubing products and systems to convey, fill, drain, transfer, and distribute low pressure fluids for use in fuel tank environment, washer systems, and under the hood systems. It also provides profiles and fastening components for automotive seats and interior trims; and stripes and technical belts for various applications. Delfingen Industry S.A. was founded in 1954 and is headquartered in Anteuil, France. Delfingen Industry S.A. is a subsidiary of Delfingen Group.

Details
Name: Delfingen Industry S.A.
ALDEL
Exchange: ENXTPA
Founded: 1954
€47,167,674
2,406,514
Website: http://www.delfingen.com
Address: Delfingen Industry S.A.
Rue Emile Streit,
Anteuil,
Franche Comté, 25340,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ALDEL Ordinary Stock Euronext Paris FR EUR 16. Feb 1996
Number of employees
Current staff
Staff numbers
2,258
Delfingen Industry employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 20:37
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/22
Last earnings filing: 2019/04/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.