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 43 industry peers in the Commercial Services & Supplies industry. Both the health and profitability get an excellent rating, making CWC a very profitable company, without any liquidiy or solvency issues. CWC is cheap, but on the other hand it scores bad on growth. This makes CWC very considerable for value investing!
1. Profitability
1.1 Basic Checks
CWC had positive earnings in the past year.
CWC had a positive operating cash flow in the past year.
CWC had positive earnings in each of the past 5 years.
CWC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CWC (8.38%) is better than 90.70% of its industry peers.
The Return On Equity of CWC (14.17%) is better than 76.74% of its industry peers.
The Return On Invested Capital of CWC (12.01%) is better than 95.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CWC is above the industry average of 7.41%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.38% | ||
| ROE | 14.17% | ||
| ROIC | 12.01% |
ROA(3y)8.35%
ROA(5y)8.3%
ROE(3y)14.32%
ROE(5y)14.96%
ROIC(3y)12.23%
ROIC(5y)12.61%
1.3 Margins
CWC's Profit Margin of 7.21% is fine compared to the rest of the industry. CWC outperforms 76.74% of its industry peers.
In the last couple of years the Profit Margin of CWC has grown nicely.
CWC has a Operating Margin of 10.38%. This is in the better half of the industry: CWC outperforms 79.07% of its industry peers.
CWC's Operating Margin has improved in the last couple of years.
The Gross Margin of CWC (78.04%) is better than 81.40% of its industry peers.
In the last couple of years the Gross Margin of CWC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.38% | ||
| PM (TTM) | 7.21% | ||
| GM | 78.04% |
OM growth 3Y0.38%
OM growth 5Y3.27%
PM growth 3Y0.72%
PM growth 5Y10.39%
GM growth 3Y0.44%
GM growth 5Y1.03%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CWC is still creating some value.
The number of shares outstanding for CWC has been reduced compared to 1 year ago.
The number of shares outstanding for CWC has been reduced compared to 5 years ago.
The debt/assets ratio for CWC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.96 indicates that CWC is not in any danger for bankruptcy at the moment.
The Altman-Z score of CWC (3.96) is better than 95.35% of its industry peers.
CWC has a debt to FCF ratio of 0.57. This is a very positive value and a sign of high solvency as it would only need 0.57 years to pay back of all of its debts.
The Debt to FCF ratio of CWC (0.57) is better than 90.70% of its industry peers.
CWC has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.08, CWC belongs to the top of the industry, outperforming 93.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 3.96 |
ROIC/WACC1.77
WACC6.8%
2.3 Liquidity
CWC has a Current Ratio of 1.44. This is a normal value and indicates that CWC is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.44, CWC is doing good in the industry, outperforming 65.12% of the companies in the same industry.
A Quick Ratio of 1.16 indicates that CWC should not have too much problems paying its short term obligations.
CWC's Quick ratio of 1.16 is fine compared to the rest of the industry. CWC outperforms 67.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.65% over the past year.
The Earnings Per Share has been growing by 14.43% on average over the past years. This is quite good.
Looking at the last year, CWC shows a small growth in Revenue. The Revenue has grown by 6.74% in the last year.
Measured over the past years, CWC shows a small growth in Revenue. The Revenue has been growing by 2.94% on average per year.
EPS 1Y (TTM)6.65%
EPS 3Y8.67%
EPS 5Y14.43%
EPS Q2Q%-27.71%
Revenue 1Y (TTM)6.74%
Revenue growth 3Y6.33%
Revenue growth 5Y2.94%
Sales Q2Q%4.68%
3.2 Future
The Earnings Per Share is expected to grow by 5.96% on average over the next years.
Based on estimates for the next years, CWC will show a small growth in Revenue. The Revenue will grow by 2.31% on average per year.
EPS Next Y6.88%
EPS Next 2Y6.08%
EPS Next 3Y5.96%
EPS Next 5YN/A
Revenue Next Year4.21%
Revenue Next 2Y3.93%
Revenue Next 3Y3.72%
Revenue Next 5Y2.31%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.33, the valuation of CWC can be described as reasonable.
79.07% of the companies in the same industry are more expensive than CWC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CWC to the average of the S&P500 Index (27.21), we can say CWC is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.39, the valuation of CWC can be described as very reasonable.
Based on the Price/Forward Earnings ratio, CWC is valued a bit cheaper than the industry average as 72.09% of the companies are valued more expensively.
CWC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.33 | ||
| Fwd PE | 10.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CWC is valued cheaper than 86.05% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CWC indicates a somewhat cheap valuation: CWC is cheaper than 62.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.62 | ||
| EV/EBITDA | 4.38 |
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)1.65
PEG (5Y)0.79
EPS Next 2Y6.08%
EPS Next 3Y5.96%
5. Dividend
5.1 Amount
CWC has a Yearly Dividend Yield of 2.97%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.15, CWC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, CWC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
5.2 History
The dividend of CWC has a limited annual growth rate of 5.85%.
Dividend Growth(5Y)5.85%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
CWC pays out 30.10% of its income as dividend. This is a 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.
DP30.1%
EPS Next 2Y6.08%
EPS Next 3Y5.96%
FRA:CWC (7/1/2025, 7:00:00 PM)
97.8
-0.3 (-0.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners28.96%
Inst Owner ChangeN/A
Ins Owners27.17%
Ins Owner ChangeN/A
Market Cap727.63M
Analysts89.09
Price Target139.74 (42.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.97% |
Yearly Dividend2.6
Dividend Growth(5Y)5.85%
DP30.1%
Div Incr Years1
Div Non Decr Years4
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)-0.52%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.26%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.33 | ||
| Fwd PE | 10.39 | ||
| P/S | 0.87 | ||
| P/FCF | 9.62 | ||
| P/OCF | 5.52 | ||
| P/B | 1.72 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 4.38 |
EPS(TTM)8.63
EY8.82%
EPS(NY)9.42
Fwd EY9.63%
FCF(TTM)10.17
FCFY10.4%
OCF(TTM)17.73
OCFY18.13%
SpS111.93
BVpS56.97
TBVpS43.55
PEG (NY)1.65
PEG (5Y)0.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.38% | ||
| ROE | 14.17% | ||
| ROCE | 17.54% | ||
| ROIC | 12.01% | ||
| ROICexc | 17.28% | ||
| ROICexgc | 24.4% | ||
| OM | 10.38% | ||
| PM (TTM) | 7.21% | ||
| GM | 78.04% | ||
| FCFM | 9.08% |
ROA(3y)8.35%
ROA(5y)8.3%
ROE(3y)14.32%
ROE(5y)14.96%
ROIC(3y)12.23%
ROIC(5y)12.61%
ROICexc(3y)16.21%
ROICexc(5y)16.69%
ROICexgc(3y)22.97%
ROICexgc(5y)24.51%
ROCE(3y)17.86%
ROCE(5y)18.42%
ROICexcg growth 3Y4.9%
ROICexcg growth 5Y3.39%
ROICexc growth 3Y5.86%
ROICexc growth 5Y5.39%
OM growth 3Y0.38%
OM growth 5Y3.27%
PM growth 3Y0.72%
PM growth 5Y10.39%
GM growth 3Y0.44%
GM growth 5Y1.03%
F-Score7
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.57 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 101.1% | ||
| Cap/Sales | 6.75% | ||
| Interest Coverage | 488.28 | ||
| Cash Conversion | 92.85% | ||
| Profit Quality | 125.94% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 3.96 |
F-Score7
WACC6.8%
ROIC/WACC1.77
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)7.03%
Cap/Sales(5y)6.39%
Profit Quality(3y)112.11%
Profit Quality(5y)118.33%
High Growth Momentum
Growth
EPS 1Y (TTM)6.65%
EPS 3Y8.67%
EPS 5Y14.43%
EPS Q2Q%-27.71%
EPS Next Y6.88%
EPS Next 2Y6.08%
EPS Next 3Y5.96%
EPS Next 5YN/A
Revenue 1Y (TTM)6.74%
Revenue growth 3Y6.33%
Revenue growth 5Y2.94%
Sales Q2Q%4.68%
Revenue Next Year4.21%
Revenue Next 2Y3.93%
Revenue Next 3Y3.72%
Revenue Next 5Y2.31%
EBIT growth 1Y2.34%
EBIT growth 3Y6.73%
EBIT growth 5Y6.31%
EBIT Next Year70.39%
EBIT Next 3Y22.24%
EBIT Next 5YN/A
FCF growth 1Y-2.87%
FCF growth 3Y40.73%
FCF growth 5Y2.43%
OCF growth 1Y0.85%
OCF growth 3Y26.2%
OCF growth 5Y5.13%