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Wüstenrot & Württembergische

LSE:0GJN
Snowflake Description

Good value second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0GJN
LSE
€2B
Market Cap
  1. Home
  2. GB
  3. Insurance
Company description

Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and businesses in Germany, the Czech Republic, and internationally. The last earnings update was 33 days ago. More info.


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0GJN Share Price and Events
7 Day Returns
-1%
LSE:0GJN
0.9%
GB Insurance
1.5%
GB Market
1 Year Returns
-5.5%
LSE:0GJN
-5.6%
GB Insurance
2.1%
GB Market
0GJN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wüstenrot & Württembergische (0GJN) -1% 9.8% 11.9% -5.5% 6.9% -
GB Insurance 0.9% 7.8% 11% -5.6% 16.2% 22.1%
GB Market 1.5% 5.2% 9.7% 2.1% 17.8% 6.8%
1 Year Return vs Industry and Market
  • 0GJN underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.1% over the past year.
Price Volatility
0GJN
Industry
5yr Volatility vs Market

0GJN Value

 Is Wüstenrot & Württembergische 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 Wüstenrot & Württembergische 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 Wüstenrot & Württembergische.

LSE:0GJN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= €47.16 * 6.4%
€3.01
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. €47.16
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 LSE:0GJN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.724 (1 + (1- 30%) (215.85%))
1.549
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.55
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.549 * 5.96%)
10.46%

Discounted Cash Flow Calculation for LSE:0GJN using Excess Returns Model Model

The calculations below outline how an intrinsic value for Wüstenrot & Württembergische is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0GJN Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.4% – 10.46%) * €47.16)
€-1.92
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-1.92 / (10.46% - 1.23%)
€-20.82
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €47.16 + €-20.82
€26.34
LSE:0GJN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0GJN represents 1.00323x of XTRA:WUW
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00323x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 26.34 x 1.00323
€26.43
Value per share (EUR) From above. €26.43
Current discount Discount to share price of €18.64
= -1 x (€18.64 - €26.43) / €26.43
29.5%

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

Current Discount
Amount off the current price Wüstenrot & Württembergische is available for.
Intrinsic value
29%
Share price is €18.64 vs Future cash flow value of €26.43
Current Discount Checks
For Wüstenrot & Württembergische to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Wüstenrot & Württembergische's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Wüstenrot & Württembergische's share price is below the future cash flow value, but not 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 Wüstenrot & Württembergische's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wüstenrot & Württembergische's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0GJN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €2.29
XTRA:WUW Share Price ** XTRA (2019-04-24) in EUR €18.58
United Kingdom of Great Britain and Northern Ireland Insurance Industry PE Ratio Median Figure of 19 Publicly-Listed Insurance Companies 16.26x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.16x

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

** Primary Listing of Wüstenrot & Württembergische.

LSE:0GJN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:WUW Share Price ÷ EPS (both in EUR)

= 18.58 ÷ 2.29

8.12x

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

  • Wüstenrot & Württembergische is good value based on earnings compared to the GB Insurance industry average.
  • Wüstenrot & Württembergische is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Wüstenrot & Württembergische's expected growth come at a high price?
Raw Data
LSE:0GJN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
3.7%per year
United Kingdom of Great Britain and Northern Ireland Insurance Industry PEG Ratio Median Figure of 16 Publicly-Listed Insurance Companies 1.54x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

LSE:0GJN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.12x ÷ 3.7%

2.18x

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

  • Wüstenrot & Württembergische is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Wüstenrot & Württembergische's assets?
Raw Data
LSE:0GJN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €44.98
XTRA:WUW Share Price * XTRA (2019-04-24) in EUR €18.58
United Kingdom of Great Britain and Northern Ireland Insurance Industry PB Ratio Median Figure of 24 Publicly-Listed Insurance Companies 2.11x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
LSE:0GJN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:WUW Share Price ÷ Book Value per Share (both in EUR)

= 18.58 ÷ 44.98

0.41x

* Primary Listing of Wüstenrot & Württembergische.

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

  • Wüstenrot & Württembergische is good value based on assets compared to the GB Insurance industry average.
X
Value checks
We assess Wüstenrot & Württembergische'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 Insurance 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 Insurance industry average (and greater than 0)? (1 check)
  5. Wüstenrot & Württembergische has a total score of 4/6, 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.

0GJN Future Performance

 How is Wüstenrot & Württembergische expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
3.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wüstenrot & Württembergische expected to grow at an attractive rate?
  • Wüstenrot & Württembergische's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Wüstenrot & Württembergische's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Wüstenrot & Württembergische's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0GJN Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0GJN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 3.7%
LSE:0GJN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -4.7%
United Kingdom of Great Britain and Northern Ireland Insurance Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
United Kingdom of Great Britain and Northern Ireland Insurance Industry Revenue Growth Rate Market Cap Weighted Average 18.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
LSE:0GJN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0GJN Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 260
2022-12-31 260
2021-12-31 5,381 260 1
2020-12-31 5,375 240 1
2019-12-31 5,347 242 1
LSE:0GJN Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 6,262 -724 214
2018-09-30 6,544 215
2018-06-30 6,584 126 218
2018-03-31 6,401 245
2017-12-31 6,844 297 257
2017-09-30 7,624 269
2017-06-30 7,064 -997 267
2017-03-31 7,564 240
2016-12-31 7,217 -1,558 233
2016-09-30 7,696 250
2016-06-30 7,533 -1,244 248
2016-03-31 7,400 279

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wüstenrot & Württembergische's earnings are expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
  • Wüstenrot & Württembergische's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
LSE:0GJN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Wüstenrot & Württembergische Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0GJN Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 2.68 2.78 2.57 2.00
2020-12-31 2.55 2.71 2.42 3.00
2019-12-31 2.53 2.59 2.41 3.00
LSE:0GJN Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 2.29
2018-09-30 2.29
2018-06-30 2.33
2018-03-31 2.61
2017-12-31 2.74
2017-09-30 2.88
2017-06-30 2.86
2017-03-31 2.56
2016-12-31 2.49
2016-09-30 2.67
2016-06-30 2.65
2016-03-31 2.98

*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.
  • Wüstenrot & Württembergische is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Wüstenrot & Württembergische'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Wüstenrot & Württembergische has a total score of 1/6, 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.

0GJN Past Performance

  How has Wüstenrot & Württembergische 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 Wüstenrot & Württembergische's growth in the last year to its industry (Insurance).
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.
  • Wüstenrot & Württembergische's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Wüstenrot & Württembergische's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Wüstenrot & Württembergische's 1-year earnings growth is negative, it can't be compared to the GB Insurance industry average.
Earnings and Revenue History
Wüstenrot & Württembergische'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 Wüstenrot & Württembergische Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0GJN 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 6,261.66 214.21 1,011.85
2018-09-30 6,544.13 214.81 1,034.72
2018-06-30 6,583.96 218.19 1,025.26
2018-03-31 6,401.09 244.60 1,020.95
2017-12-31 6,844.40 256.64 997.93
2017-09-30 7,624.17 268.55 974.49
2017-06-30 7,064.12 267.04 982.91
2017-03-31 7,564.25 239.95 992.07
2016-12-31 7,217.24 232.92 994.78
2016-09-30 7,696.42 250.48 1,011.10
2016-06-30 7,533.00 248.41 1,009.27
2016-03-31 7,400.10 279.34 993.74
2015-12-31 7,648.22 270.35 1,016.00
2015-09-30 7,914.77 244.87 1,020.91
2015-06-30 7,938.18 249.37 1,023.94
2015-03-31 8,344.33 234.92 1,041.30
2014-12-31 8,156.98 233.38 1,018.76
2014-09-30 7,911.34 230.79 1,034.04
2014-06-30 7,790.20 150.94 1,030.86
2014-03-31 7,888.20 161.17 1,037.44
2013-12-31 8,089.67 143.14 1,049.58
2013-09-30 7,892.23 154.55 1,055.01
2013-06-30 8,155.28 223.97 1,084.94
2013-03-31 8,369.92 194.25 1,083.79
2012-12-31 8,423.19 221.86 1,079.01
2012-09-30 10,525.65 226.25 1,076.27
2012-06-30 10,051.39 209.63 1,077.43

*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.
  • Wüstenrot & Württembergische has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Wüstenrot & Württembergische used its assets less efficiently than the GB Insurance industry average last year based on Return on Assets.
  • Wüstenrot & Württembergische's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Wüstenrot & Württembergische'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 Insurance 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.
Wüstenrot & Württembergische 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.

0GJN Health

 How is Wüstenrot & Württembergische'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 Wüstenrot & Württembergische's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wüstenrot & Württembergische is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wüstenrot & Württembergische's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Wüstenrot & Württembergische'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.6x 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 Wüstenrot & Württembergische Company Filings, last reported 3 months ago.

LSE:0GJN Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,236.33 3,754.71 13,996.85
2018-09-30 4,222.46 4,582.37 40,282.36
2018-06-30 4,255.06 4,758.69 211.74
2018-03-31 4,342.47 6,196.47 41,180.24
2017-12-31 3,964.86 4,717.68 2,225.60
2017-09-30 3,933.80 4,587.53 5,714.59
2017-06-30 3,846.76 4,899.44 1,202.03
2017-03-31 3,825.06 2,823.44 3,440.47
2016-12-31 3,811.59 4,277.84 1,646.76
2016-09-30 3,933.51 4,053.48 5,076.39
2016-06-30 3,792.58 6,148.59 1,448.36
2016-03-31 3,868.19 6,201.25 5,351.21
2015-12-31 3,643.74 7,042.90 1,840.99
2015-09-30 3,717.40 7,658.32 3,577.32
2015-06-30 3,616.82 8,723.05 1,183.24
2015-03-31 3,921.00 8,118.73 4,118.13
2014-12-31 3,674.22 9,753.31 1,933.23
2014-09-30 3,655.58 8,947.41 3,428.64
2014-06-30 3,462.52 9,719.49 1,349.23
2014-03-31 3,454.29 8,375.08 2,992.11
2013-12-31 3,253.02 8,796.12 1,379.38
2013-09-30 3,230.25 7,609.20 2,546.41
2013-06-30 3,244.30 7,191.78 1,898.60
2013-03-31 3,315.13 8,087.83 3,036.80
2012-12-31 3,418.49 9,331.78 1,667.75
2012-09-30 3,397.30 9,193.85 2,913.49
2012-06-30 3,138.61 10,073.23 2,314.83
  • Wüstenrot & Württembergische's level of debt (88.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (270.1% vs 88.6% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Wüstenrot & Württembergische'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. Wüstenrot & Württembergische has a total score of 2/6, 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.

0GJN Dividends

 What is Wüstenrot & Württembergische'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
3.5%
Current annual income from Wüstenrot & Württembergische dividends. Estimated to be 3.95% next year.
If you bought €2,000 of Wüstenrot & Württembergische shares you are expected to receive €70 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?
  • Wüstenrot & Württembergische's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Wüstenrot & Württembergische's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.14%).
Upcoming dividend payment

Purchase Wüstenrot & Württembergische 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
LSE:0GJN 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 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Insurance Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

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

LSE:0GJN Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.76 2.00
2020-12-31 0.73 3.00
2019-12-31 0.72 3.00
LSE:0GJN Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-22 0.650 3.632
2018-03-07 0.650 3.552
2017-04-11 0.600 2.776
2016-03-30 0.600 3.330
2015-03-25 0.500 2.842
2014-04-01 0.500 2.812
2013-03-26 0.500 3.229
2012-03-29 0.500 3.353
2011-03-25 0.500 3.135
2010-01-04 0.500 2.566

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

  • Whilst dividend payments have been stable, Wüstenrot & Württembergische has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Wüstenrot & Württembergische only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Wüstenrot & Württembergische's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.5x coverage).
X
Income/ dividend checks
We assess Wüstenrot & Württembergische's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Wüstenrot & Württembergische afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wüstenrot & Württembergische has a total score of 3/6, see the detailed checks below.


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

0GJN Management

 What is the CEO of Wüstenrot & Württembergische'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
Jürgen Junker
COMPENSATION €1,548,400
AGE 49
TENURE AS CEO 2.3 years
CEO Bio

Mr. Jürgen Albert Junker has been Supervisory Board Chairman and Member of Supervisory Board at Wüstenrot Bank AG Pfandbriefbank since January 01, 2017. He serves as Supervisory Board Chairman and Member of Supervisory Board at Wüstenrot Bausparkasse AG since January 01, 2017. He serves as Chairman of the Management Board and Chief Executive Officers at Wüstenrot & Württembergische AG since January 01, 2017. Education and training: 1989 – 1991 Training as a banker at Dresdner Bank AG (“Dresdner Bank”), Aschaffenburg. 1991 – 1997 Studies in business administration at Hagen Open University (Fernuniversität Hagen), degree in business administration. Professional background: 1991 – 1996 Various posts in the Foreign Business and Credit divisions at Dresdner Bank in Aschaffenburg, Frankfurt and London. 1997 – 1999 Head of the Business Analysis & Organisation department, Dresdner Bank/ Kleinwort Benson (Services) Inc., Tokyo. 1 999 – 2000 Manager for strategy/planning/management of international branches, Dresdner Bank, Frankfurt. 2000 – 2001 Senior Manager Financial Services, Perot Systems, Frankfurt and Dallas. 2002 – 2003 Head of HR and Corporate Management, General agent and authorised signatory, VHV Vereinigte Hannoversche Versicherung a.G., Hanover. 2003 – 2006 Head of Operations, VHV insurance services GmbH, Hanover. 2007 Head of Central Sales Management, VHV Allgemeine Versicherung and VHV Lebensversicherung, Hanover. 2007 – 2016 Member of the Executive Board, responsible for Sales and Corporate Investments, VHV Allgemeine Versicherung and VHV Lebensversicherung, Hanover. Since April 2016 Member of the Executive Board of Wüstenrot & Württembergische AG, Stuttgart.

CEO Compensation
  • Jürgen's compensation has been consistent with company performance over the past year.
  • Jürgen's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Wüstenrot & Württembergische management team in years:

5
Average Tenure
52
Average Age
  • The average tenure for the Wüstenrot & Württembergische management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jürgen Junker

TITLE
Chairman of the Management Board & CEO
COMPENSATION
€2M
AGE
49
TENURE
2.3 yrs

Frank Weber

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€78K
TENURE
9.3 yrs

Michael Gutjahr

TITLE
Labor Director
COMPENSATION
€723K
AGE
61
TENURE
5 yrs

Jens Wieland

TITLE
Chief Information Officer
COMPENSATION
€787K
AGE
52
TENURE
6.8 yrs

Matthias Schell

TITLE
Head of Group Accounting
COMPENSATION
€12K

Michael Ellwanger

TITLE
Head of Investor Relations

Susanne Pauser

TITLE
Chief Human Resources Officer
TENURE
5 yrs

Bernd Hertweck

TITLE
Head of Home Loan & Savings Bank Division
AGE
51

Norbert Heinen

TITLE
Head of Insurance Division
AGE
64

Margret Obladen

TITLE
Head of Group Law
Board of Directors Tenure

Average tenure and age of the Wüstenrot & Württembergische board of directors in years:

7.8
Average Tenure
65.5
Average Age
  • The tenure for the Wüstenrot & Württembergische board of directors is about average.
Board of Directors

Hans Sauer

TITLE
Supervisory Board Chairman
COMPENSATION
€113K
AGE
77
TENURE
13.8 yrs

Frank Weber

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€78K
TENURE
7.8 yrs

Corinna Linner

TITLE
Supervisory Board Member
COMPENSATION
€47K
AGE
60
TENURE
3.8 yrs

Reiner Hagemann

TITLE
Supervisory Board Member
COMPENSATION
€39K
AGE
71
TENURE
12.8 yrs

Ute Hobinka

TITLE
Supervisory Board Member
COMPENSATION
€35K
TENURE
7.8 yrs

Jochen Höpken

TITLE
Supervisory Board Member
COMPENSATION
€30K
TENURE
7.8 yrs

Christoph Seeger

TITLE
Supervisory Board Member
COMPENSATION
€65K
TENURE
7.8 yrs

Andreas Rothbauer

TITLE
Supervisory Board Member
COMPENSATION
€59K
TENURE
8.3 yrs

Peter Buschbeck

TITLE
Supervisory Board Member
COMPENSATION
€35K
AGE
57
TENURE
4.9 yrs

Gudrun Lacher

TITLE
Supervisory Board Member
COMPENSATION
€31K
TENURE
2.8 yrs
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 Wüstenrot & Württembergische'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. Wüstenrot & Württembergische 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.

0GJN News

Simply Wall St News

0GJN Company Info

Description

Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and businesses in Germany, the Czech Republic, and internationally. It operates through Home Loan and Savings Bank, Life and Health Insurance, and Property/Casualty Insurance segments. The Home Loan and Savings Bank segment offers home loan savings and financing products for primarily for private customers, such as home loan savings contracts, bridging loans, savings and investment products, current accounts, call money accounts, Maestro and credit cards, and mortgage and bank loans. The Life and Health Insurance segment provides life and health insurance products for individuals and groups, including classic and unit-linked life and annuity insurance, term insurance, classic and unit-linked Riester and basic pensions, and occupational disability insurance, as well as full and supplementary private health insurance and nursing care insurance. The Property/Casualty Insurance segment provides a range of insurance products for private and corporate customers, including general liability, casualty, motor, household, residential building, legal protection, transport, and technical insurance. It also engages in the property development; and provision of asset management services. The company distributes its products and services directly, as well as through partners, brokers, and in-house mobile sales force. The company was founded in 1828 and is headquartered in Stuttgart, Germany.

Details
Name: Wüstenrot & Württembergische AG
0GJN
Exchange: LSE
Founded: 1828
€1,739,515,228
93,622,994
Website: http://www.ww-ag.com
Address: Wüstenrot & Württembergische AG
Gutenbergstrasse 30,
Stuttgart,
Baden-Württemberg, 70176,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA WUW Ordinary Shares XETRA Trading Platform DE EUR 13. Sep 1999
DB WUW Ordinary Shares Deutsche Boerse AG DE EUR 13. Sep 1999
LSE 0GJN Ordinary Shares London Stock Exchange GB EUR 13. Sep 1999
SWX WUW Ordinary Shares SIX Swiss Exchange CH CHF 13. Sep 1999
WBAG WUW Ordinary Shares Wiener Boerse AG AT EUR 13. Sep 1999
BATS-CHIXE WUWd Ordinary Shares BATS 'Chi-X Europe' GB EUR 13. Sep 1999
Number of employees
Current staff
Staff numbers
6,842
Wüstenrot & Württembergische employees.
Industry
Life and Health Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 21:33
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/23
Last earnings filing: 2019/03/22
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.