DAIMLER TRUCK HOLDING AG (DTG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DTG - DE000DTR0CK8 - Common Stock
40.94 EUR
-0.4 (-0.97%)
We assign a fundamental rating of 4 out of 10 to DTG. DTG was compared to 111 industry peers in the Machinery industry. Both the profitability and financial health of DTG have multiple concerns. DTG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year DTG was profitable.
- In the past year DTG had a positive cash flow from operations.
- Of the past 5 years DTG 4 years were profitable.
- Of the past 5 years DTG 4 years had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of DTG (3.10%) is comparable to the rest of the industry.
- DTG's Return On Equity of 10.62% is fine compared to the rest of the industry. DTG outperforms 63.96% of its industry peers.
- DTG's Return On Invested Capital of 4.49% is on the low side compared to the rest of the industry. DTG is outperformed by 60.36% of its industry peers.
- DTG had an Average Return On Invested Capital over the past 3 years of 7.15%. This is below the industry average of 9.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.1% | ||
| ROE | 10.62% | ||
| ROIC | 4.49% |
ROA(3y)4.46%
ROA(5y)3.48%
ROE(3y)14.61%
ROE(5y)11.37%
ROIC(3y)7.15%
ROIC(5y)5.37%
1.3 Margins
- Looking at the Profit Margin, with a value of 4.54%, DTG is in line with its industry, outperforming 56.76% of the companies in the same industry.
- In the last couple of years the Profit Margin of DTG has declined.
- DTG has a Operating Margin (6.15%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of DTG has declined.
- Looking at the Gross Margin, with a value of 19.41%, DTG is doing worse than 89.19% of the companies in the same industry.
- In the last couple of years the Gross Margin of DTG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.15% | ||
| PM (TTM) | 4.54% | ||
| GM | 19.42% |
OM growth 3Y15.9%
OM growth 5Y-1.75%
PM growth 3Y-3.15%
PM growth 5Y-7.5%
GM growth 3Y4.36%
GM growth 5Y-0.25%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DTG is destroying value.
- DTG has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for DTG has been reduced compared to 5 years ago.
- Compared to 1 year ago, DTG has a worse debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of DTG is 11.04, which is on the high side as it means it would take DTG, 11.04 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 11.04, DTG is doing worse than 63.96% of the companies in the same industry.
- DTG has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.04, DTG is not doing good in the industry: 78.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 11.04 | ||
| Altman-Z | N/A |
ROIC/WACC0.63
WACC7.17%
2.3 Liquidity
- DTG has a Current Ratio of 2.03. This indicates that DTG is financially healthy and has no problem in meeting its short term obligations.
- DTG has a better Current ratio (2.03) than 77.48% of its industry peers.
- DTG has a Quick Ratio of 1.61. This is a normal value and indicates that DTG is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of DTG (1.61) is better than 84.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
- The earnings per share for DTG have decreased strongly by -31.34% in the last year.
- Measured over the past years, DTG shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.92% on average per year.
- The Revenue for DTG has decreased by -10.34% in the past year. This is quite bad
- The Revenue has been growing slightly by 3.18% on average over the past years.
EPS 1Y (TTM)-31.34%
EPS 3Y8.51%
EPS 5Y-3.92%
EPS Q2Q%-25.97%
Revenue 1Y (TTM)-10.34%
Revenue growth 3Y10.79%
Revenue growth 5Y3.18%
Sales Q2Q%-12.85%
3.2 Future
- DTG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.90% yearly.
- The Revenue is expected to grow by 0.65% on average over the next years.
EPS Next Y-15.69%
EPS Next 2Y2.1%
EPS Next 3Y8.76%
EPS Next 5Y8.9%
Revenue Next Year-9.24%
Revenue Next 2Y-2.99%
Revenue Next 3Y0.63%
Revenue Next 5Y0.65%
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 accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- DTG is valuated correctly with a Price/Earnings ratio of 14.26.
- Compared to the rest of the industry, the Price/Earnings ratio of DTG indicates a rather cheap valuation: DTG is cheaper than 83.78% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. DTG is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 10.76 indicates a reasonable valuation of DTG.
- Based on the Price/Forward Earnings ratio, DTG is valued cheaper than 81.98% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of DTG to the average of the S&P500 Index (25.98), we can say DTG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.26 | ||
| Fwd PE | 10.76 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DTG is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, DTG is valued a bit cheaper than 71.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.31 | ||
| EV/EBITDA | 10.72 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.1%
EPS Next 3Y8.76%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.52%, DTG is a good candidate for dividend investing.
- DTG's Dividend Yield is rather good when compared to the industry average which is at 1.48. DTG pays more dividend than 96.40% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, DTG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- DTG pays out 65.62% of its income as dividend. This is not a sustainable payout ratio.
DP65.62%
EPS Next 2Y2.1%
EPS Next 3Y8.76%
DAIMLER TRUCK HOLDING AG / DTG.DE FAQ
What is the fundamental rating for DTG stock?
ChartMill assigns a fundamental rating of 4 / 10 to DTG.DE.
What is the valuation status for DTG stock?
ChartMill assigns a valuation rating of 5 / 10 to DAIMLER TRUCK HOLDING AG (DTG.DE). This can be considered as Fairly Valued.
How profitable is DAIMLER TRUCK HOLDING AG (DTG.DE) stock?
DAIMLER TRUCK HOLDING AG (DTG.DE) has a profitability rating of 3 / 10.
How financially healthy is DAIMLER TRUCK HOLDING AG?
The financial health rating of DAIMLER TRUCK HOLDING AG (DTG.DE) is 3 / 10.
What is the earnings growth outlook for DAIMLER TRUCK HOLDING AG?
The Earnings per Share (EPS) of DAIMLER TRUCK HOLDING AG (DTG.DE) is expected to decline by -15.69% in the next year.