-2.47%
12.47%
15.49%
-2.17%
-7.70%
-54.56%
-23.13%
AI Spotlight on ZIL2
Company Description
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.
This segment serves passenger car and commercial vehicle sectors.The Aftermarket segment offers a range of gaskets, gasket sets, and service parts for the repair of engines, transmissions, exhaust systems, and auxiliary units in cars and commercial vehicles under the Elring Β Das Original brand.This segment serves a network of wholesalers and purchasing organizations.
The Engineered Plastics segment develops, manufactures, and markets customized products made from various plastics for the mechanical engineering sector, as well as in medical, chemical, energy, and vehicle industries.The Other segment operates engine test benches and measuring equipment for testing engines, transmissions, and exhaust systems for vehicle manufacturers and automotive suppliers; and offers logistics and catering services.ElringKlinger AG was founded in 1879 and is headquartered in Dettingen an der Erms, Germany.
Market Data
| Last Price | 4.74 |
| Change Percentage | -2.47% |
| Open | 4.91 |
| Previous Close | 4.86 |
| Market Cap ( Millions) | 300 |
| Volume | 21783 |
| Year High | 7.44 |
| Year Low | 3.79 |
| M A 50 | 4.27 |
| M A 200 | 4.69 |
Financial Ratios
| FCF Yield | 3.63% |
| Dividend Yield | 3.17% |
| ROE | -1.27% |
| Debt / Equity | 6.98% |
| Net Debt / EBIDTA | -10.62% |
| Price To Book | 0.38 |
| Price Earnings Ratio | -28.47 |
| Price To FCF | 27.52 |
| Price To sales | 0.17 |
| EV / EBITDA | 1.24 |
News
- Nov -09 - Institutions own 36% of ElringKlinger AG (ETR:ZIL2) shares but individual investors control 44% of the company
- Sep -26 - An Intrinsic Calculation For ElringKlinger AG (ETR:ZIL2) Suggests It's 46% Undervalued
- Aug -15 - Why ElringKlinger's (ETR:ZIL2) Earnings Are Better Than They Seem
- Aug -10 - Analysts Have Been Trimming Their ElringKlinger AG (ETR:ZIL2) Price Target After Its Latest Report
- Jun -23 - Is It Time To Consider Buying ElringKlinger AG (ETR:ZIL2)?
- Jun -02 - ElringKlinger AG's (ETR:ZIL2) top owners are retail investors with 43% stake, while 37% is held by institutions
- May -12 - Should You Buy ElringKlinger AG (ETR:ZIL2) For Its Upcoming Dividend?
- Apr -21 - ElringKlinger (ETR:ZIL2) investors are sitting on a loss of 51% if they invested three years ago
- Mar -29 - ElringKlinger Full Year 2023 Earnings: EPS Beats Expectations
- Feb -28 - Returns On Capital At Adecco Group (VTX:ADEN) Paint A Concerning Picture
- Feb -27 - Investors Met With Slowing Returns on Capital At 1&1 (ETR:1U1)
- Dec -25 - At β¬5.54, Is It Time To Put ElringKlinger AG (ETR:ZIL2) On Your Watch List?
- Dec -08 - Is There An Opportunity With ElringKlinger AG's (ETR:ZIL2) 45% Undervaluation?
- Nov -22 - Institutions own 38% of ElringKlinger AG (ETR:ZIL2) shares but retail investors control 42% of the company
- Nov -03 - Investors Will Want Emmi's (VTX:EMMN) Growth In ROCE To Persist
- Nov -02 - While shareholders of EMS-CHEMIE HOLDING (VTX:EMSN) are in the red over the last three years, underlying earnings have actually grown
- Jul -07 - Shareholders in Vonovia (ETR:VNA) are in the red if they invested three years ago
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Original Equipment
Expected Growth : 2.5 %
What the company do ?
Original Equipment from ElringKlinger AG refers to the production of high-quality gaskets and other components for the automotive industry, supplied directly to vehicle manufacturers.
Why we expect these perspectives ?
ElringKlinger AG's Original Equipment segment growth of 2.5% is driven by increasing demand for fuel-efficient and emission-reducing technologies, rising global vehicle production, and the company's strong market position in the automotive industry. Additionally, the segment benefits from the trend towards electrification and hybridization, as well as the growing importance of sustainable mobility solutions.
Segment nΒ°2 -> Aftermarket
Expected Growth : 3.5 %
What the company do ?
The Aftermarket segment of ElringKlinger AG provides replacement parts and services for vehicles, focusing on sealing and shielding technology, and thermal management solutions.
Why we expect these perspectives ?
ElringKlinger AG's aftermarket growth of 3.5% is driven by increasing vehicle parc, rising average vehicle age, and growing demand for replacement parts. Additionally, the company's focus on e-mobility and hybrid solutions, as well as its expansion into new markets, contribute to its growth momentum.
Segment nΒ°3 -> Engineered Plastics
Expected Growth : 2.8 %
What the company do ?
Engineered Plastics from ElringKlinger AG are high-performance, customized plastic components for automotive, industrial, and consumer applications, offering innovative solutions for complex technical challenges.
Why we expect these perspectives ?
ElringKlinger's Engineered Plastics segment growth of 2.8% is driven by increasing demand for lightweight materials in the automotive industry, particularly in electric vehicles. Additionally, the company's focus on innovative products, such as battery housings and thermal management systems, contributes to its growth. Furthermore, ElringKlinger's strong relationships with major OEMs and its global production network support its expansion.
Segment nΒ°4 -> Other
Expected Growth : 2.2 %
What the company do ?
The 'Other' segment from ElringKlinger AG includes miscellaneous businesses, such as engineering services and tooling, that don't fit into their core business segments.
Why we expect these perspectives ?
ElringKlinger AG's 2.2% growth in 'Other' segment is driven by increasing demand for e-mobility solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on lightweighting and thermal management technologies has led to increased sales in the electric vehicle sector, contributing to the segment's growth.
Elringklinger Ag Products
| Product Range | What is it ? |
|---|---|
| Cylinder Head Gaskets | ElringKlinger AG's cylinder head gaskets are designed to provide a reliable seal between the engine block and cylinder head, ensuring optimal engine performance and reducing emissions. |
| Special Gaskets | ElringKlinger AG's special gaskets are custom-designed to meet specific application requirements, providing a reliable seal in demanding environments. |
| Shielding Technology | ElringKlinger AG's shielding technology provides electromagnetic interference (EMI) shielding solutions for the automotive and industrial markets. |
| Battery Systems | ElringKlinger AG's battery systems provide high-performance, customized battery solutions for electric and hybrid vehicles. |
| Fuel Cell Components | ElringKlinger AG's fuel cell components, including bipolar plates and seals, are designed for use in fuel cell systems. |
| Thermal Management Systems | ElringKlinger AG's thermal management systems provide customized cooling and heating solutions for electric and hybrid vehicles. |
ElringKlinger AG's Porter Forces
Threat Of Substitutes
The threat of substitutes for ElringKlinger AG is moderate, as there are some alternative products available in the market, but they are not highly attractive to customers.
Bargaining Power Of Customers
The bargaining power of customers for ElringKlinger AG is low, as the company has a diverse customer base and no single customer accounts for a significant portion of its revenue.
Bargaining Power Of Suppliers
The bargaining power of suppliers for ElringKlinger AG is moderate, as the company relies on a few key suppliers for its raw materials, but it also has some bargaining power due to its large scale of operations.
Threat Of New Entrants
The threat of new entrants for ElringKlinger AG is low, as the company has a strong brand presence and a large customer base, making it difficult for new entrants to gain traction in the market.
Intensity Of Rivalry
The intensity of rivalry for ElringKlinger AG is high, as the company operates in a highly competitive industry with many established players, and it needs to continuously innovate and improve its products to stay ahead of the competition.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 33.15% |
| Debt Cost | 10.16% |
| Equity Weight | 66.85% |
| Equity Cost | 12.92% |
| WACC | 12.01% |
| Leverage | 49.58% |
ElringKlinger AG : Quality Control
ElringKlinger AG passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| POM.PA | Compagnie Plastic Omnium SE designs, develops, manufactures, and sells intelligent exterior systems, clean energy systems, and modules for the automotive industry in France, rest of Europe, North America, China, rest β¦ |
| KENDR.AS | Kendrion N.V. develops, manufactures, and markets electromagnetic systems and components for industrial and automotive applications in Germany, rest of Europe, the Americas, Asia, and internationally. The company operates in two β¦ |
| TYRES.HE | Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor β¦ |
| GTX | Garrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline β¦ |
| AKW.PA | AKWEL engages in the designing, developing, producing, and selling of tooling equipment and parts to automotive and truck manufacturers in France and internationally. The company was formerly known as MGI β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Kendrion
A-Score
1-Year Total Return ->
π₯
Nokian Renkaat
A-Score
1-Year Total Return ->
π₯
Plastic Omnium
A-Score
1-Year Total Return ->
4
Akwel
A-Score
1-Year Total Return ->
5
Garrett Motion
A-Score
1-Year Total Return ->
6
