ENVITEC BIOGAS AG (ETG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ETG - DE000A0MVLS8 - Common Stock
17.8 EUR
-0.3 (-1.66%)
We assign a fundamental rating of 4 out of 10 to ETG. ETG was compared to 75 industry peers in the Oil, Gas & Consumable Fuels industry. While ETG is still in line with the averages on profitability rating, there are concerns on its financial health. ETG is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year ETG was profitable.
- In the past 5 years ETG has always been profitable.
- Of the past 5 years ETG 4 years had a positive operating cash flow.
1.2 Ratios
- ETG has a Return On Assets (3.26%) which is comparable to the rest of the industry.
- ETG has a Return On Equity (7.28%) which is comparable to the rest of the industry.
- ETG's Return On Invested Capital of 6.08% is in line compared to the rest of the industry. ETG outperforms 57.33% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ETG is significantly above the industry average of 8.82%.
- The 3 year average ROIC (16.45%) for ETG is well above the current ROIC(6.08%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 7.28% | ||
| ROIC | 6.08% |
ROA(3y)11.49%
ROA(5y)9.04%
ROE(3y)24.1%
ROE(5y)18.43%
ROIC(3y)16.45%
ROIC(5y)13.12%
1.3 Margins
- With a Profit Margin value of 4.57%, ETG is not doing good in the industry: 62.67% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of ETG has grown nicely.
- ETG has a Operating Margin of 8.50%. This is in the lower half of the industry: ETG underperforms 66.67% of its industry peers.
- ETG's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 37.58%, ETG is in line with its industry, outperforming 44.00% of the companies in the same industry.
- In the last couple of years the Gross Margin of ETG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.5% | ||
| PM (TTM) | 4.57% | ||
| GM | 37.58% |
OM growth 3Y12.3%
OM growth 5Y15.11%
PM growth 3Y12.59%
PM growth 5Y25.45%
GM growth 3Y6.67%
GM growth 5Y5.19%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ETG is creating value.
- The number of shares outstanding for ETG has been increased compared to 1 year ago.
- ETG has more shares outstanding than it did 5 years ago.
- ETG has a worse debt/assets ratio than last year.
2.2 Solvency
- ETG has an Altman-Z score of 2.31. This is not the best score and indicates that ETG is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.31, ETG perfoms like the industry average, outperforming 58.67% of the companies in the same industry.
- ETG has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.44, ETG perfoms like the industry average, outperforming 52.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.31 |
ROIC/WACC1
WACC6.08%
2.3 Liquidity
- ETG has a Current Ratio of 1.52. This is a normal value and indicates that ETG is financially healthy and should not expect problems in meeting its short term obligations.
- ETG has a better Current ratio (1.52) than 61.33% of its industry peers.
- A Quick Ratio of 0.84 indicates that ETG may have some problems paying its short term obligations.
- ETG's Quick ratio of 0.84 is on the low side compared to the rest of the industry. ETG is outperformed by 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The earnings per share for ETG have decreased strongly by -73.08% in the last year.
- ETG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.40% yearly.
- The Revenue for ETG has decreased by -32.62% in the past year. This is quite bad
- Measured over the past years, ETG shows a quite strong growth in Revenue. The Revenue has been growing by 9.62% on average per year.
EPS 1Y (TTM)-73.08%
EPS 3Y22%
EPS 5Y33.4%
EPS Q2Q%-64.97%
Revenue 1Y (TTM)-32.62%
Revenue growth 3Y8.81%
Revenue growth 5Y9.62%
Sales Q2Q%-17.5%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 18.16, ETG is valued on the expensive side.
- ETG's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 27.21. ETG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as ETG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.4 |
4.3 Compensation for Growth
- The decent profitability rating of ETG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- ETG has a Yearly Dividend Yield of 2.72%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 5.11, ETG has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, ETG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
- The dividend of ETG is nicely growing with an annual growth rate of 24.70%!
Dividend Growth(5Y)24.7%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
- ETG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DPN/A
EPS Next 2YN/A
EPS Next 3YN/A
ENVITEC BIOGAS AG / ETG.DE FAQ
What is the fundamental rating for ETG stock?
ChartMill assigns a fundamental rating of 4 / 10 to ETG.DE.
What is the valuation status of ENVITEC BIOGAS AG (ETG.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to ENVITEC BIOGAS AG (ETG.DE). This can be considered as Overvalued.
Can you provide the profitability details for ENVITEC BIOGAS AG?
ENVITEC BIOGAS AG (ETG.DE) has a profitability rating of 6 / 10.
What is the financial health of ENVITEC BIOGAS AG (ETG.DE) stock?
The financial health rating of ENVITEC BIOGAS AG (ETG.DE) is 3 / 10.