ENXTAM:AALB

Stock Analysis Report

Executive Summary

Aalberts NV operates as a technology company worldwide.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.9%

AALB

3.8%

NL Machinery

0.3%

NL Market


1 Year Return

19.4%

AALB

4.1%

NL Machinery

6.5%

NL Market

Return vs Industry: AALB exceeded the Dutch Machinery industry which returned 4.1% over the past year.

Return vs Market: AALB exceeded the Dutch Market which returned 6.5% over the past year.


Shareholder returns

AALBIndustryMarket
7 Day0.9%3.8%0.3%
30 Day-0.9%0.6%-0.9%
90 Day4.7%0.1%-2.7%
1 Year22.0%19.4%7.6%4.1%11.2%6.5%
3 Year32.9%25.9%25.6%12.7%40.2%24.5%
5 Year99.6%83.0%62.5%37.5%68.6%34.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

16.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AALB (€36.83) is trading above our estimate of fair value (€36.45)

Significantly Below Fair Value: AALB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AALB is poor value based on its PE Ratio (16.6x) compared to the Machinery industry average (16.1x).

PE vs Market: AALB is good value based on its PE Ratio (16.6x) compared to the Dutch market (19.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AALB is overvalued based on its PB Ratio (2x) compared to the XE Machinery industry average (1.6x).


Next Steps

Future Growth

How is Aalberts forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

3.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AALB's forecast earnings growth is above the savings rate (0.4%).

Earnings vs Market: Insufficient data to determine if AALB's earnings are forecast to grow faster than the Dutch market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AALB's revenue (3.5% per year) is forecast to grow slower than the Dutch market (5.9% per year).

High Growth Revenue: AALB's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AALB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Aalberts performed over the past 5 years?

11.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AALB's earnings have grown by 11.2% per year over the past 5 years.

Accelerating Growth: AALB's earnings growth over the past year (11.6%) exceeds its 5-year average (11.2% per year).

Earnings vs Industry: AALB earnings growth over the past year (11.6%) exceeded the Machinery industry 4.3%.


Return on Equity

High ROE: AALB's Return on Equity (14.3%) is considered low.


Return on Assets

ROA vs Industry: AALB has a higher Return on Assets than the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: AALB's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Aalberts's financial position?


Financial Position Analysis

Short Term Liabilities: AALB's short term assets (€1.2B) exceeds its short term liabilities (€1.0B)

Long Term Liabilities: AALB's short term assets (1.2B) exceeds its long term liabilities (741.6M)


Debt to Equity History and Analysis

Debt Level: AALB's debt to equity ratio (55%) is considered high

Reducing Debt: AALB's debt to equity ratio has increased from 54.2% to 55% over the past 5 years.

Debt Coverage: AALB's debt is well covered by operating cash flow (37.3%).

Interest Coverage: AALB's interest payments on its debt are well covered by EBIT (14.9x coverage).


Balance Sheet

Inventory Level: AALB has a high level of physical assets or inventory.

Debt Coverage by Assets: AALB's debt is covered by short term assets (assets are 1.282470x debt).


Next Steps

Dividend

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

2.04%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%2.2%markettop25%6.0%industryaverage3.0%forecastin3Years2.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: AALB's dividend (2.04%) isn’t notable compared to the bottom 25% of dividend payers in the Dutch market (2.21%).

High Dividend: AALB's dividend (2.04%) is low compared to the top 25% of dividend payers in the Dutch market (5.97%).

Stable Dividend: AALB's dividend payments have been volatile in the past 10 years.

Growing Dividend: AALB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.9%), AALB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.5yrs

Average management tenure


CEO

Wim Pelsma (56yo)

7.8yrs

Tenure

€2,144,000

Compensation

Mr. Wim A. Pelsma has been the Chief Executive Officer of Aalberts Industries NV since 2012 and served as its Head of Flow Control - Northern and Eastern Europe and Head at Flow Control Benelux. Mr. Pelsma ...


CEO Compensation Analysis

Compensation vs. Market: Wim 's total compensation ($USD2.39M) is about average for companies of similar size in the Dutch market ($USD2.39M).

Compensation vs Earnings: Wim 's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.5yrs

Average Tenure

57yo

Average Age

Experienced Management: AALB's management team is seasoned and experienced (5.5 years average tenure).


Board Age and Tenure

3.1yrs

Average Tenure

64.5yo

Average Age

Experienced Board: AALB's board of directors are considered experienced (3.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Wim Pelsma (56yo)

    CEO & Member of the Management Board

    • Tenure: 7.8yrs
    • Compensation: €2.14m
  • David Lease (64yo)

    Head of Flow Control Industrial

    • Tenure: 0yrs
  • Glenn Mosack (55yo)

    Head of Conbraco Industries - Flow Control

    • Tenure: 0yrs
  • Oliver Jäger (52yo)

    Executive Director & Member of Management Board

    • Tenure: 5.5yrs
    • Compensation: €1.18m
  • Burkhard Haemer (58yo)

    Head of Building Installations Europe

    • Tenure: 0yrs
  • Robert Sagstetter (59yo)

    Head of Climate Control

    • Tenure: 0yrs
  • Marcel A. J. Abbenhuis (60yo)

    Executive Director

    • Tenure: 0yrs
  • Arno Monincx (52yo)

    CFO & Member of Management Board

    • Tenure: 0.5yrs
    • Compensation: €1.07m
  • Maarten Van De Veen

    Executive Director

    • Tenure: 0yrs
  • André in Veld

    Executive Director

    • Tenure: 0yrs

Board Members

  • Piet Veenema (64yo)

    Member of Supervisory Board

    • Tenure: 3.8yrs
    • Compensation: €50.00k
  • Jan van der Zouw (65yo)

    Member of Supervisory Board

    • Tenure: 4.5yrs
    • Compensation: €55.00k
  • Martin C. van Pernis (74yo)

    Chairman of Supervisory Board

    • Tenure: 2.5yrs
    • Compensation: €65.00k
  • Marjan Oudeman (61yo)

    Member of Supervisory Board

    • Tenure: 2.5yrs
    • Compensation: €55.00k

Company Information

Aalberts NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aalberts NV
  • Ticker: AALB
  • Exchange: ENXTAM
  • Founded: 1975
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €4.073b
  • Shares outstanding: 110.58m
  • Website: https://www.aalberts.com

Number of Employees


Location

  • Aalberts NV
  • Word Trade Center Utrecht
  • Stadsplateau 18
  • Utrecht
  • Utrecht
  • 3521 AZ
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AALB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
AALBENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURJan 1992
AACADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0NX1LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
AALBABATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
AALBWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992

Biography

Aalberts NV operates as a technology company worldwide. The company operates through four segments: Installation Technology, Material Technology, Climate Technology, and Industrial Technology. The Installa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:55
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.