CEWE STIFTUNG & CO KGAA (CWC.DE) Stock Fundamental Analysis
FRA:CWC - Deutsche Boerse Ag - DE0005403901 - Common Stock - Currency: EUR
Taking everything into account, CWC scores 7 out of 10 in our fundamental rating. CWC was compared to 44 industry peers in the Commercial Services & Supplies industry. CWC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CWC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CWC was profitable.
In the past year CWC had a positive cash flow from operations.
In the past 5 years CWC has always been profitable.
In the past 5 years CWC always reported a positive cash flow from operatings.
1.2 Ratios
CWC's Return On Assets of 11.10% is amongst the best of the industry. CWC outperforms 93.48% of its industry peers.
CWC has a better Return On Equity (16.65%) than 82.61% of its industry peers.
CWC's Return On Invested Capital of 13.51% is amongst the best of the industry. CWC outperforms 97.83% of its industry peers.
CWC had an Average Return On Invested Capital over the past 3 years of 12.09%. This is above the industry average of 7.74%.
The last Return On Invested Capital (13.51%) for CWC is above the 3 year average (12.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.1% | ||
| ROE | 16.65% | ||
| ROIC | 13.51% |
ROA(3y)8.28%
ROA(5y)7.75%
ROE(3y)14.45%
ROE(5y)14.47%
ROIC(3y)12.09%
ROIC(5y)12.57%
1.3 Margins
CWC has a Profit Margin of 7.72%. This is amongst the best in the industry. CWC outperforms 84.78% of its industry peers.
In the last couple of years the Profit Margin of CWC has grown nicely.
Looking at the Operating Margin, with a value of 11.00%, CWC belongs to the top of the industry, outperforming 80.43% of the companies in the same industry.
CWC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 77.58%, CWC belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.
CWC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11% | ||
| PM (TTM) | 7.72% | ||
| GM | 77.58% |
OM growth 3Y-1.96%
OM growth 5Y4.47%
PM growth 3Y0.95%
PM growth 5Y5.62%
GM growth 3Y-0.08%
GM growth 5Y0.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CWC is creating value.
CWC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CWC has been reduced compared to 5 years ago.
CWC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.24 indicates that CWC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.24, CWC belongs to the top of the industry, outperforming 97.83% of the companies in the same industry.
CWC has a debt to FCF ratio of 0.61. This is a very positive value and a sign of high solvency as it would only need 0.61 years to pay back of all of its debts.
CWC has a better Debt to FCF ratio (0.61) than 97.83% of its industry peers.
CWC has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CWC (0.09) is better than 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.61 | ||
| Altman-Z | 5.24 |
ROIC/WACC2.01
WACC6.72%
2.3 Liquidity
A Current Ratio of 1.54 indicates that CWC should not have too much problems paying its short term obligations.
The Current ratio of CWC (1.54) is better than 73.91% of its industry peers.
CWC has a Quick Ratio of 1.02. This is a normal value and indicates that CWC is financially healthy and should not expect problems in meeting its short term obligations.
CWC has a Quick ratio (1.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.83% over the past year.
The Earnings Per Share has been growing by 9.84% on average over the past years. This is quite good.
CWC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.13%.
The Revenue has been growing slightly by 3.74% on average over the past years.
EPS 1Y (TTM)24.83%
EPS 3Y4.19%
EPS 5Y9.84%
EPS Q2Q%-360%
Revenue 1Y (TTM)-13.13%
Revenue growth 3Y2.37%
Revenue growth 5Y3.74%
Sales Q2Q%-48.72%
3.2 Future
The Earnings Per Share is expected to grow by 6.76% on average over the next years.
CWC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.90% yearly.
EPS Next Y9.06%
EPS Next 2Y7.49%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue Next Year6.14%
Revenue Next 2Y4.84%
Revenue Next 3Y4.4%
Revenue Next 5Y3.9%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
CWC is valuated reasonably with a Price/Earnings ratio of 9.93.
Based on the Price/Earnings ratio, CWC is valued cheaply inside the industry as 86.96% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CWC to the average of the S&P500 Index (29.35), we can say CWC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.91, the valuation of CWC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CWC indicates a somewhat cheap valuation: CWC is cheaper than 73.91% of the companies listed in the same industry.
CWC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 10.91 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CWC is valued a bit cheaper than the industry average as 60.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.19 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CWC may justify a higher PE ratio.
PEG (NY)1.1
PEG (5Y)1.01
EPS Next 2Y7.49%
EPS Next 3Y6.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.74%, CWC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.64, CWC pays a bit more dividend than its industry peers.
CWC's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
5.2 History
The dividend of CWC has a limited annual growth rate of 5.88%.
Dividend Growth(5Y)5.88%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
29.20% of the earnings are spent on dividend by CWC. This is a low number and sustainable payout ratio.
CWC's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP29.2%
EPS Next 2Y7.49%
EPS Next 3Y6.76%
FRA:CWC (3/7/2025, 7:00:00 PM)
97.3
+2.5 (+2.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners32.16%
Inst Owner ChangeN/A
Ins Owners27.17%
Ins Owner ChangeN/A
Market Cap723.91M
Analysts89.09
Price Target139.74 (43.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.74% |
Yearly Dividend2.47
Dividend Growth(5Y)5.88%
DP29.2%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)3.06%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.35%
Revenue NY rev (3m)1.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 10.91 | ||
| P/S | 0.9 | ||
| P/FCF | 10.19 | ||
| P/OCF | 5.67 | ||
| P/B | 1.95 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | N/A |
EPS(TTM)9.8
EY10.07%
EPS(NY)8.92
Fwd EY9.17%
FCF(TTM)9.54
FCFY9.81%
OCF(TTM)17.16
OCFY17.64%
SpS107.79
BVpS49.98
TBVpS36.26
PEG (NY)1.1
PEG (5Y)1.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.1% | ||
| ROE | 16.65% | ||
| ROCE | 19.87% | ||
| ROIC | 13.51% | ||
| ROICexc | 15.28% | ||
| ROICexgc | 20.65% | ||
| OM | 11% | ||
| PM (TTM) | 7.72% | ||
| GM | 77.58% | ||
| FCFM | 8.85% |
ROA(3y)8.28%
ROA(5y)7.75%
ROE(3y)14.45%
ROE(5y)14.47%
ROIC(3y)12.09%
ROIC(5y)12.57%
ROICexc(3y)15.33%
ROICexc(5y)15.86%
ROICexgc(3y)21.91%
ROICexgc(5y)23.71%
ROCE(3y)17.77%
ROCE(5y)18.48%
ROICexcg growth 3Y-9.21%
ROICexcg growth 5Y1.01%
ROICexc growth 3Y-5.47%
ROICexc growth 5Y2.28%
OM growth 3Y-1.96%
OM growth 5Y4.47%
PM growth 3Y0.95%
PM growth 5Y5.62%
GM growth 3Y-0.08%
GM growth 5Y0.99%
F-Score8
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.61 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 7.07% | ||
| Interest Coverage | 220.51 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 114.69% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 5.24 |
F-Score8
WACC6.72%
ROIC/WACC2.01
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)6.63%
Cap/Sales(5y)6.02%
Profit Quality(3y)88.63%
Profit Quality(5y)135.47%
High Growth Momentum
Growth
EPS 1Y (TTM)24.83%
EPS 3Y4.19%
EPS 5Y9.84%
EPS Q2Q%-360%
EPS Next Y9.06%
EPS Next 2Y7.49%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.13%
Revenue growth 3Y2.37%
Revenue growth 5Y3.74%
Sales Q2Q%-48.72%
Revenue Next Year6.14%
Revenue Next 2Y4.84%
Revenue Next 3Y4.4%
Revenue Next 5Y3.9%
EBIT growth 1Y4.9%
EBIT growth 3Y0.36%
EBIT growth 5Y8.38%
EBIT Next Year76.11%
EBIT Next 3Y24.01%
EBIT Next 5YN/A
FCF growth 1Y93.2%
FCF growth 3Y-9.12%
FCF growth 5Y18.25%
OCF growth 1Y51.18%
OCF growth 3Y-2.77%
OCF growth 5Y10.68%