ENXTPA:ALDEL

Stock Analysis Report

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Executive Summary

Delfingen Industry S.A. provides protection systems, fluid transfer tubing products, and associated services to OEMs and automotive suppliers worldwide.


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Delfingen Industry's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALDEL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.9%

ALDEL

4.5%

FR Auto Components

1.4%

FR Market


1 Year Return

-38.3%

ALDEL

-18.6%

FR Auto Components

-13.4%

FR Market

Return vs Industry: ALDEL underperformed the French Auto Components industry which returned -19.2% over the past year.

Return vs Market: ALDEL underperformed the French Market which returned -14.3% over the past year.


Shareholder returns

ALDELIndustryMarket
7 Day-6.9%4.5%1.4%
30 Day-10.4%7.8%3.4%
90 Day-37.3%-21.0%-19.0%
1 Year-36.5%-38.3%-17.2%-18.6%-11.5%-13.4%
3 Year-64.2%-66.8%-39.4%-43.7%-1.7%-10.0%
5 Year-24.3%-32.7%-20.1%-28.6%13.3%-1.5%

Price Volatility Vs. Market

How volatile is Delfingen Industry's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Delfingen Industry undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALDEL (€12.1) is trading below our estimate of fair value (€353.56)

Significantly Below Fair Value: ALDEL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ALDEL is good value based on its PE Ratio (3.4x) compared to the Auto Components industry average (7.7x).

PE vs Market: ALDEL is good value based on its PE Ratio (3.4x) compared to the French market (14x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALDEL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALDEL is good value based on its PB Ratio (0.4x) compared to the FR Auto Components industry average (1x).


Next Steps

Future Growth

How is Delfingen Industry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.1%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Delfingen Industry has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Delfingen Industry performed over the past 5 years?

8.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALDEL has high quality earnings.

Growing Profit Margin: ALDEL's current net profit margins (3.7%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: ALDEL's earnings have grown by 8% per year over the past 5 years.

Accelerating Growth: ALDEL's earnings growth over the past year (47.9%) exceeds its 5-year average (8% per year).

Earnings vs Industry: ALDEL earnings growth over the past year (47.9%) exceeded the Auto Components industry -15.9%.


Return on Equity

High ROE: ALDEL's Return on Equity (11.2%) is considered low.


Next Steps

Financial Health

How is Delfingen Industry's financial position?


Financial Position Analysis

Short Term Liabilities: ALDEL's short term assets (€90.5M) exceed its short term liabilities (€61.5M).

Long Term Liabilities: ALDEL's short term assets (€90.5M) exceed its long term liabilities (€66.7M).


Debt to Equity History and Analysis

Debt Level: ALDEL's debt to equity ratio (83.1%) is considered high.

Reducing Debt: ALDEL's debt to equity ratio has reduced from 84.6% to 83.1% over the past 5 years.

Debt Coverage: ALDEL's debt is well covered by operating cash flow (37.8%).

Interest Coverage: ALDEL's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ALDEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ALDEL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALDEL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALDEL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ALDEL is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALDEL's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.8yrs

Average board tenure


CEO

Gérald Streit (43yo)

5yrs

Tenure

€253,502

Compensation

Mr. Gérald Streit has been the Chief Executive Officer at Delfingen Industry SA since May 20, 2015 and also serves as Chairman of the Board. Mr. Streit served as a Deputy Chief Executive Officer at Delfing ...


Board Members

NamePositionTenureCompensationOwnership
Gérald Streit
Chairman of the Board & CEO5yrs€253.50k0.0025% 736.7
Françoise Streit
Director15.33yrs€28.30k0.046% 13.4k
David Streit
Director16.33yrsno datano data
Michel de Massougnes des Fontaines
Independent Director18.33yrs€9.15kno data
Juan Diaz Huder
Independent Director15.33yrs€9.15k0.000040% 11.6
Cataldo Mangione
Independent Directorno data€12.20k0.00042% 122.3
Annie Kahn
Independent Directorno data€12.20k0.00042% 122.3
Bernhard Müller
Independent Directorno data€6.10kno data

15.8yrs

Average Tenure

66yo

Average Age

Experienced Board: ALDEL's board of directors are seasoned and experienced ( 15.8 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

Delfingen Industry S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Delfingen Industry S.A.
  • Ticker: ALDEL
  • Exchange: ENXTPA
  • Founded: 1954
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €29.119m
  • Shares outstanding: 2.41m
  • Website: https://www.delfingen.com

Number of Employees


Location

  • Delfingen Industry S.A.
  • Rue Emile Streit
  • Anteuil
  • Franche Comté
  • 25340
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALDELENXTPA (Euronext Paris)YesOrdinary StockFREURFeb 1996

Biography

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 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/25 20:42
End of Day Share Price2020/05/25 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.