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ELLR

ElringKlinger OTCPK:ELLR.Y Stock Report

Last Price

€4.13

Market Cap

€475.2m

7D

-2.4%

1Y

n/a

Updated

03 Jul, 2022

Data

Company Financials +
ELLR.Y fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

ELLR.Y Stock Overview

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally.

ElringKlinger Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ElringKlinger
Historical stock prices
Current Share Price€4.13
52 Week High€8.00
52 Week Low€3.80
Beta2.15
1 Month Change8.68%
3 Month Change-18.22%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-56.84%

Recent News & Updates

Shareholder Returns

ELLR.YUS Auto ComponentsUS Market
7D-2.4%-5.1%-2.5%
1Yn/a-38.8%-21.2%

Return vs Industry: Insufficient data to determine how ELLR.Y performed against the US Auto Components industry.

Return vs Market: Insufficient data to determine how ELLR.Y performed against the US Market.

Price Volatility

Is ELLR.Y's price volatile compared to industry and market?
ELLR.Y volatility
ELLR.Y Average Weekly Movementn/a
Auto Components Industry Average Movement8.2%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: Insufficient data to determine ELLR.Y's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ELLR.Y's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
18799,400Stefan Wolfhttps://www.elringklinger.com

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.

ElringKlinger Fundamentals Summary

How do ElringKlinger's earnings and revenue compare to its market cap?
ELLR.Y fundamental statistics
Market Cap€456.83m
Earnings (TTM)€21.84m
Revenue (TTM)€1.63b

20.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELLR.Y income statement (TTM)
Revenue€1.63b
Cost of Revenue€1.30b
Gross Profit€332.62m
Other Expenses€310.78m
Earnings€21.84m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 04, 2022

Earnings per share (EPS)0.34
Gross Margin20.34%
Net Profit Margin1.34%
Debt/Equity Ratio45.6%

How did ELLR.Y perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

44%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ELLR.Y undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ELLR.Y?

Other financial metrics that can be useful for relative valuation.

ELLR.Y key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA5.8x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does ELLR.Y's PE Ratio compare to its peers?

ELLR.Y PE Ratio vs Peers
The above table shows the PE ratio for ELLR.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average36.3x
MOD Modine Manufacturing
6.5x15.8%US$550.4m
GTX Garrett Motion
2.2xn/aUS$521.7m
SLDP Solid Power
101.5x-6.2%US$959.2m
MPAA Motorcar Parts of America
35x65.5%US$257.7m
ELLR.Y ElringKlinger
20.9x43.4%US$456.8m

Price-To-Earnings vs Peers: ELLR.Y is good value based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (36.3x).


Price to Earnings Ratio vs Industry

How does ELLR.Y's PE Ratio compare vs other companies in the US Auto Components Industry?

Price-To-Earnings vs Industry: ELLR.Y is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the US Auto Components industry average (14.1x)


Price to Earnings Ratio vs Fair Ratio

What is ELLR.Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELLR.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ELLR.Y's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ELLR.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ELLR.Y ($4.13) is trading below our estimate of fair value ($7.83)

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


Price to Earnings Growth Ratio

PEG Ratio: ELLR.Y is good value based on its PEG Ratio (0.5x)


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Future Growth

How is ElringKlinger forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


43.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELLR.Y's forecast earnings growth (43.4% per year) is above the savings rate (1.9%).

Earnings vs Market: ELLR.Y's earnings (43.4% per year) are forecast to grow faster than the US market (13.6% per year).

High Growth Earnings: ELLR.Y's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ELLR.Y's revenue (6.1% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: ELLR.Y's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ELLR.Y's Return on Equity is forecast to be low in 3 years time (7.2%).


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Past Performance

How has ElringKlinger performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ELLR.Y has high quality earnings.

Growing Profit Margin: ELLR.Y became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ELLR.Y's earnings have declined by 37.6% per year over the past 5 years.

Accelerating Growth: ELLR.Y has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ELLR.Y has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (24.5%).


Return on Equity

High ROE: ELLR.Y's Return on Equity (2%) is considered low.


Discover strong past performing companies

Financial Health

How is ElringKlinger's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ELLR.Y's short term assets (€881.0M) exceed its short term liabilities (€640.2M).

Long Term Liabilities: ELLR.Y's short term assets (€881.0M) exceed its long term liabilities (€509.1M).


Debt to Equity History and Analysis

Debt Level: ELLR.Y's net debt to equity ratio (32.4%) is considered satisfactory.

Reducing Debt: ELLR.Y's debt to equity ratio has reduced from 68% to 45.6% over the past 5 years.

Debt Coverage: ELLR.Y's debt is well covered by operating cash flow (24.6%).

Interest Coverage: ELLR.Y's interest payments on its debt are well covered by EBIT (8.7x coverage).


Balance Sheet


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Dividend

What is ElringKlinger current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.08%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ELLR.Y's dividend (2.08%) is higher than the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: ELLR.Y's dividend (2.08%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Stability and Growth of Payments

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

Growing Dividend: ELLR.Y's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.5%), ELLR.Y's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49%), ELLR.Y's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

6.5yrs

Average management tenure


CEO

Stefan Wolf (61 yo)

17.5yrs

Tenure

€2,348,000

Compensation

Dr. Stefan Wolf has been Chairman of the Management Board and Chief Executive Officer of Elringklinger AG since March 2006. Dr. Wolf has been a Member of Management Board at Elringklinger Ag since January...


CEO Compensation Analysis

Compensation vs Market: Stefan's total compensation ($USD2.44M) is about average for companies of similar size in the US market ($USD2.92M).

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


Leadership Team

Experienced Management: ELLR.Y's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: ELLR.Y's board of directors are considered experienced (5 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

ElringKlinger AG's employee growth, exchange listings and data sources


Key Information

  • Name: ElringKlinger AG
  • Ticker: ELLR.Y
  • Exchange: OTCPK
  • Founded: 1879
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: €456.826m
  • Listing Market Cap: €475.167m
  • Shares outstanding: 63.36m
  • Website: https://www.elringklinger.com

Number of Employees


Location

  • ElringKlinger AG
  • Max-Eyth-Strasse 2
  • Dettingen an der Erms
  • Baden-Württemberg
  • 72581
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.