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Continental

SWX:CONT
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CONT
SWX
€13B
Market Cap
  1. Home
  2. CH
  3. Automobiles
Company description

Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The last earnings update was 12 days ago. More info.


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CONT Share Price and Events
7 Day Returns
0%
SWX:CONT
-1.1%
Europe Auto Components
5.2%
CH Market
1 Year Returns
-13.4%
SWX:CONT
-41.9%
Europe Auto Components
-4.7%
CH Market
CONT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Continental (CONT) 0% 0% 0% -13.4% -30.8% -
Europe Auto Components -1.1% -26.7% -39.1% -41.9% -55.9% -51.2%
CH Market 5.2% -6.3% -12.7% -4.7% 4% -0.9%
1 Year Return vs Industry and Market
  • CONT outperformed the Auto Components industry which returned -41.9% over the past year.
  • CONT underperformed the Market in Switzerland which returned -4.7% over the past year.
Price Volatility
CONT
Industry
5yr Volatility vs Market

Value

 Is Continental undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Continental to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Continental.

SWX:CONT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 21 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year CH Government Bond Rate -0.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:CONT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate -0.6%
Equity Risk Premium S&P Global 5.4%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.116 (1 + (1- 30%) (58.06%))
1.382
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.55% + (1.382 * 5.44%)
6.97%

Discounted Cash Flow Calculation for SWX:CONT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Continental is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SWX:CONT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.97%)
2020 834.93 Analyst x10 780.55
2021 1,304.18 Analyst x9 1,139.82
2022 1,717.39 Analyst x7 1,403.19
2023 2,376.00 Analyst x1 1,814.87
2024 2,864.76 Est @ 20.57% 2,045.69
2025 3,272.55 Est @ 14.23% 2,184.67
2026 3,593.24 Est @ 9.8% 2,242.52
2027 3,833.79 Est @ 6.69% 2,236.80
2028 4,007.12 Est @ 4.52% 2,185.66
2029 4,127.32 Est @ 3% 2,104.59
Present value of next 10 years cash flows €18,138.00
SWX:CONT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €4,127.32 × (1 + -0.55%) ÷ (6.97% – -0.55%)
€54,604.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €54,604.21 ÷ (1 + 6.97%)10
€27,843.65
SWX:CONT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €18,138.00 + €27,843.65
€45,981.65
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €45,981.65 / 200.01
€229.9
SWX:CONT Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:CONT represents 2.20395x of XTRA:CON
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
2.20395x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (EUR) x Listing Adjustment Factor
= € 229.90 x 2.20395
CHF506.69
Value per share (CHF) From above. CHF506.69
Current discount Discount to share price of CHF144.60
= -1 x (CHF144.60 - CHF506.69) / CHF506.69
71.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Continental is available for.
Intrinsic value
>50%
Share price is CHF144.6 vs Future cash flow value of CHF506.69
Current Discount Checks
For Continental to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Continental's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Continental's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Continental's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Continental's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:CONT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-6.13
XTRA:CON Share Price ** XTRA (2020-03-31) in EUR €65.61
Europe Auto Components Industry PE Ratio Median Figure of 38 Publicly-Listed Auto Components Companies 8.27x
Switzerland Market PE Ratio Median Figure of 175 Publicly-Listed Companies 16.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Continental.

SWX:CONT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:CON Share Price ÷ EPS (both in EUR)

= 65.61 ÷ -6.13

-10.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental is loss making, we can't compare its value to the Europe Auto Components industry average.
  • Continental is loss making, we can't compare the value of its earnings to the Switzerland market.
Price based on expected Growth
Does Continental's expected growth come at a high price?
Raw Data
SWX:CONT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts
66.5%per year
Europe Auto Components Industry PEG Ratio Median Figure of 26 Publicly-Listed Auto Components Companies 0.45x
Switzerland Market PEG Ratio Median Figure of 125 Publicly-Listed Companies 1.82x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Continental, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Continental's assets?
Raw Data
SWX:CONT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €76.97
XTRA:CON Share Price * XTRA (2020-03-31) in EUR €65.61
Europe Auto Components Industry PB Ratio Median Figure of 48 Publicly-Listed Auto Components Companies 0.72x
Switzerland Market PB Ratio Median Figure of 216 Publicly-Listed Companies 1.36x
SWX:CONT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:CON Share Price ÷ Book Value per Share (both in EUR)

= 65.61 ÷ 76.97

0.85x

* Primary Listing of Continental.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental is overvalued based on assets compared to the Europe Auto Components industry average.
X
Value checks
We assess Continental's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Continental has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Continental expected to perform in the next 1 to 3 years based on estimates from 21 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
66.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Continental expected to grow at an attractive rate?
  • Continental's earnings growth is expected to exceed the low risk savings rate of -0.6%.
Growth vs Market Checks
  • Continental's earnings growth is expected to exceed the Switzerland market average.
  • Continental's revenue growth is positive but not above the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:CONT Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:CONT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 21 Analysts 66.5%
SWX:CONT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 21 Analysts 1.9%
Europe Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 22.3%
Europe Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 8.5%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 2.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:CONT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:CONT Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 52,686 1
2023-12-31 48,257 5,603 2,338 2
2022-12-31 45,664 5,172 2,108 13
2021-12-31 44,397 4,798 1,829 19
2020-12-31 41,865 4,120 924 21
2020-04-01
SWX:CONT Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 44,478 4,414 -1,225
2019-09-30 44,644 4,628 -215
2019-06-30 44,329 4,254 2,398
2019-03-31 44,438 4,341 2,735
2018-12-31 44,404 4,977 2,897
2018-09-30 44,458 4,827 2,946
2018-06-30 44,363 4,983 3,049
2018-03-31 44,022 4,990 2,973
2017-12-31 44,010 5,221 2,985
2017-09-30 43,250 4,543 3,009
2017-06-30 42,541 4,661 2,659
2017-03-31 41,699 4,832 2,818

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Continental's earnings are expected to grow significantly at over 20% yearly.
  • Continental's revenue is expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:CONT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below

All data from Continental Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:CONT Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 11.69 11.69 11.69 1.00
2022-12-31 10.54 13.65 7.90 8.00
2021-12-31 8.98 14.42 6.02 15.00
2020-12-31 4.19 6.20 -1.07 13.00
2020-04-01
SWX:CONT Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 -6.13
2019-09-30 -1.07
2019-06-30 11.99
2019-03-31 13.68
2018-12-31 14.49
2018-09-30 14.73
2018-06-30 15.24
2018-03-31 14.86
2017-12-31 14.92
2017-09-30 15.04
2017-06-30 13.30
2017-03-31 14.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Continental is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Continental's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Continental has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Continental performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Continental's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Continental does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Continental's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Continental's 1-year growth to the Europe Auto Components industry average as it is not currently profitable.
Earnings and Revenue History
Continental's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Continental Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:CONT Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 44,478.40 -1,225.00 3,909.80 4,471.80
2019-09-30 44,644.20 -214.90 3,914.90 4,449.00
2019-06-30 44,328.60 2,397.60 3,845.90 4,409.20
2019-03-31 44,438.40 2,734.90 3,783.30 4,336.60
2018-12-31 44,404.40 2,897.30 3,724.60 4,280.20
2018-09-30 44,458.20 2,946.30 3,683.40 3,935.20
2018-06-30 44,363.10 3,049.30 3,662.20 3,628.20
2018-03-31 44,022.30 2,972.60 3,657.90 3,349.50
2017-12-31 44,009.50 2,984.60 3,658.20 3,103.70
2017-09-30 43,249.60 3,009.30 3,587.40 2,997.40
2017-06-30 42,540.70 2,658.70 3,550.80 2,948.00
2017-03-31 41,698.70 2,818.20 3,464.10 2,876.10
2016-12-31 40,549.50 2,802.50 3,355.90 2,811.50
2016-09-30 40,041.30 2,660.40 3,315.90 2,722.90
2016-06-30 39,675.10 2,917.60 3,271.10 2,618.20
2016-03-31 39,513.80 2,804.60 3,214.00 2,522.70
2015-12-31 39,232.00 2,727.40 3,199.30 2,449.60
2015-09-30 38,134.30 2,660.70 3,093.80 2,407.80
2015-06-30 37,186.20 2,520.10 2,972.60 2,338.20
2015-03-31 35,684.50 2,443.70 2,816.60 2,236.60
2014-12-31 34,505.70 2,375.30 2,689.30 2,137.70
2014-09-30 33,994.70 2,146.00 2,621.60 2,031.60
2014-06-30 33,674.80 2,085.00 2,541.10 1,965.20
2014-03-31 33,687.80 2,070.20 2,489.40 1,922.70
2013-12-31 33,331.00 1,923.10 2,458.50 1,878.40
2013-09-30 33,019.60 2,028.80 2,425.00 1,873.60
2013-06-30 32,804.30 2,043.90 2,419.70 1,831.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Continental has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Continental has efficiently used its assets last year compared to the Europe Auto Components industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Continental improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Continental's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Continental has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Continental's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Continental's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Continental is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Continental's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Continental's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Continental Company Filings, last reported 3 months ago.

SWX:CONT Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 15,875.70 5,904.00 3,341.80
2019-09-30 15,910.70 5,896.50 2,082.90
2019-06-30 18,108.40 5,923.80 1,905.60
2019-03-31 19,005.90 4,535.60 1,917.80
2018-12-31 18,333.30 4,594.60 2,761.40
2018-09-30 17,680.50 4,808.80 2,098.10
2018-06-30 17,037.60 5,153.70 2,479.60
2018-03-31 17,011.40 4,456.40 2,612.90
2017-12-31 16,290.30 4,073.60 1,881.50
2017-09-30 15,698.60 4,960.90 2,080.90
2017-06-30 15,184.70 5,358.00 2,342.20
2017-03-31 15,722.40 4,722.60 2,380.30
2016-12-31 14,734.80 4,923.40 2,107.00
2016-09-30 13,595.30 4,800.70 1,923.50
2016-06-30 13,358.50 5,230.20 2,225.00
2016-03-31 13,361.90 4,878.00 2,158.80
2015-12-31 13,213.90 5,204.10 1,621.50
2015-09-30 12,673.30 6,521.20 2,336.80
2015-06-30 12,421.80 7,004.20 2,814.20
2015-03-31 12,221.80 6,926.40 2,796.20
2014-12-31 11,024.60 6,383.60 3,243.80
2014-09-30 10,852.70 6,263.80 2,396.10
2014-06-30 10,076.10 6,533.90 2,300.40
2014-03-31 9,821.60 6,554.90 2,370.30
2013-12-31 9,322.20 6,583.30 2,044.80
2013-09-30 9,073.70 8,157.30 2,550.30
2013-06-30 8,776.30 8,075.60 1,921.80
  • Continental's level of debt (37.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (57.9% vs 37.2% today).
  • Debt is well covered by operating cash flow (74.8%, greater than 20% of total debt).
  • Continental is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Continental's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Continental has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Continental's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.1%
Current annual income from Continental dividends. Estimated to be 5.09% next year.
If you bought CHF2,000 of Continental shares you are expected to receive CHF122 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Continental's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2.11%).
  • Continental's dividend is above the markets top 25% of dividend payers in Switzerland (4.24%).
Upcoming dividend payment

Purchase Continental before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:CONT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 21 Analyst Estimates (S&P Global) See Below
Europe Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 5.4%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 159 Stocks 3.3%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.2%
Switzerland Bottom 25% Dividend Yield 25th Percentile 2.1%
Switzerland Top 25% Dividend Yield 75th Percentile 4.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:CONT Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 3.72 10.00
2021-12-31 3.35 19.00
2020-12-31 3.15 21.00
2020-04-01
SWX:CONT Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-20 4.000 6.283
2020-03-05 4.000 5.967
2019-03-19 4.750 3.936
2019-03-07 4.750 3.356
2018-03-20 4.500 2.759
2018-03-08 4.500 2.030
2017-03-23 4.250 2.029
2017-03-02 4.250 2.193
2016-03-24 3.750 2.040
2016-03-03 3.750 1.924
2015-03-05 3.250 1.569
2015-02-20 3.250 1.529
2014-03-24 2.500 1.489
2014-03-06 2.500 1.458
2013-03-25 2.250 1.848
2013-03-07 2.250 2.344
2012-08-02 1.500 1.821
2012-03-13 1.500 2.176
2012-03-01 1.500 2.155
2009-07-30 0.000 0.000
2009-04-29 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Continental has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Continental only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Continental's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
X
Income/ dividend checks
We assess Continental's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Continental afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Continental has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Continental's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Elmar Degenhart
COMPENSATION €6,814,000
AGE 60
TENURE AS CEO 10.7 years
CEO Bio

Dr. Elmar Degenhart has been the Chairman of the Executive Board and Chief Executive Officer at Continental Aktiengesellschaft (Formerly Continental AG) since August 12, 2009. Dr. Degenhart is responsible for Corporate Communications, Corporate Quality and Environment, Continental Business System, Automotive Central Functions. He served as the President of Chassis Systems at Robert Bosch GmbH from 2004 to 2005. He served as the Chief Executive Officer of Keiper Recaro Group from 2005 to 2008. He served as the President of Schaeffler Group Automotive from 2008 to 2009. He was employed at ITT Automotive Europe GmbH from 1993 to 1998 and finally served as its Director of Operations for Brake Systems North America. He previously served as Executive Vice President of Electronic Brake Systems at Continental AG from 1998 to 2003. He served as the Chairman of Executive Board at Continental Teves AG & Co. oHG (alternate name: Alfred Teves GmbH). He served as Member of the Management Board of Continental Teves AG & Co. oHG from 1998 to 2003. He served as the Head of Management team and Member of the Executive Board at Recaro Aircraft Seating Gmbh & Co. He served as the Chairman and Member of the Executive Board of Powertrain Division at Continental AG. He was Scientific employee at the Fraunhofer-Institute for Manufacturing Engineering and Automation IPA from 1987 to 1993 and finally served as its Head of department Handling and Industrial Robot System. He serves as the Chairman and Member of the Supervisory Board of ContiTech AG and ContiTech Roulunds Rubber A/S. He completed Diploma in Air and Space Technology at the University of Stuttgart from 1979 to 1987. Dr. Degenhart completed Ph.D., thesis on mechanical engineering in the area of Cleanroom Technology at the Fraunhofer Institute IPA, Stuttgart in 1992.

CEO Compensation
  • Elmar's compensation has increased whilst company is loss making.
  • Elmar's remuneration is about average for companies of similar size in Switzerland.
Management Team Tenure

Average tenure and age of the Continental management team in years:

6
Average Tenure
55
Average Age
  • The average tenure for the Continental management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Elmar Degenhart

TITLE
Chairman of the Executive Board & CEO
COMPENSATION
€7M
AGE
60
TENURE
10.7 yrs

Wolfgang Schäfer

TITLE
CFO & Member of the Executive Board
COMPENSATION
€4M
AGE
60

Nikolai Setzer

TITLE
Member of the Executive Board
COMPENSATION
€4M
AGE
48
TENURE
10.7 yrs

Helmut Matschi

TITLE
Member of the Executive Board
COMPENSATION
€3M
AGE
56
TENURE
10.7 yrs

Frank Jourdan

TITLE
President of the Chassis & Safety Division and Member of Executive Board
COMPENSATION
€3M
AGE
59
TENURE
6.6 yrs

Ariane Reinhart

TITLE
Director of Labor Relations
COMPENSATION
€4M
AGE
50
TENURE
5.5 yrs

Hans-Jürgen Duensing

TITLE
Head of ContiTech Division & Member of the Executive Board
COMPENSATION
€3M
AGE
61
TENURE
4.9 yrs

Christian Kötz

TITLE
Member of the Executive Board & Executive VP of Business Unit Commercial Vehicle Tires
COMPENSATION
€3M
AGE
49
TENURE
1 yrs

Stefan Scholz

TITLE
Head of Finance & Treasury and Employee Representative Member of the Supervisory Board
COMPENSATION
€134K
AGE
54

Dirk Abendroth

TITLE
Chief Technology Officer
AGE
43
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Continental board of directors in years:

10.5
Average Tenure
57
Average Age
  • The average tenure for the Continental board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Wolfgang Reitzle

TITLE
Chairman of Supervisory Board
COMPENSATION
€390K
AGE
70
TENURE
10.5 yrs

Christiane Benner

TITLE
Vice Chairperson of Supervisory Board
COMPENSATION
€197K
AGE
51
TENURE
2.1 yrs

Stefan Scholz

TITLE
Head of Finance & Treasury and Employee Representative Member of the Supervisory Board
COMPENSATION
€134K
AGE
54
TENURE
5 yrs

Rolf Nonnenmacher

TITLE
Member of Supervisory Board
COMPENSATION
€329K
AGE
65
TENURE
5.5 yrs

Jörg Schönfelder

TITLE
Employee Representative Member of the Supervisory Board
COMPENSATION
€198K
AGE
53
TENURE
15.9 yrs

Dirk Nordmann

TITLE
Employee Representative Member of the Supervisory Board
COMPENSATION
€200K
AGE
59

Michael Iglhaut

TITLE
Employee Representative Member of the Supervisory Board
COMPENSATION
€200K
AGE
55
TENURE
14.1 yrs

Maria-Elisabeth Schaeffler-Thumann

TITLE
Member of Supervisory Board
COMPENSATION
€199K
AGE
78
TENURE
11.2 yrs

Georg F. Schaeffler

TITLE
Member of Supervisory Board
COMPENSATION
€202K
AGE
55

Gunter Dunkel

TITLE
Member of Supervisory Board
COMPENSATION
€134K
AGE
66
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
X
Management checks
We assess Continental's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Continental has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics. This segment offers advanced driver assistance systems, hydraulic brake systems, passive safety and sensoric products, and vehicle dynamics products. The Powertrain segment provides engine systems, fuel and exhaust management systems, hybrid electric vehicles, sensors and actuators, and transmission products. The Interior segment develops and produces information, communication, and network solutions and services for cars and commercial vehicles, such as body and security, commercial vehicle and aftermarket, infotainment and connectivity, and instrumentation and driver HMI systems. The Tires segment provides passenger and light truck equipment, commercial vehicle, and two-wheel tires for use in vehicle manufacture and replacement businesses. The ContiTech segment develops, manufactures, and markets functional parts, and intelligent components and systems made of rubber, plastic, metal, and fabric for the machine and plant engineering, mining, agriculture, automotive, and other industries. It offers air spring systems, industrial fluid solutions, mobile fluid systems, and vibration control products, as well as conveyor belts and power transmission products. Continental Aktiengesellschaft serves the automotive, railway engineering, machine and plant construction, and mining industries, as well as replacement sector. The company was formerly known as Continental-Caoutchouc- und Gutta-Percha Compagnie. Continental Aktiengesellschaft was founded in 1871 and is headquartered in Hanover, Germany.

Details
Name: Continental Aktiengesellschaft
CONT
Exchange: SWX
Founded: 1871
€13,894,594,874
200,005,983
Website: http://www.continental-corporation.com
Address: Continental Aktiengesellschaft
Vahrenwalder Strasse 9,
Hanover,
Lower Saxony, 30165,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA CON Common Stock XETRA Trading Platform DE EUR 02. Jan 1992
OTCPK CTTA.F Common Stock Pink Sheets LLC US USD 02. Jan 1992
DB CON Common Stock Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0LQ1 Common Stock London Stock Exchange GB EUR 02. Jan 1992
SWX CONT Common Stock SIX Swiss Exchange CH CHF 02. Jan 1992
BIT CON Common Stock Borsa Italiana IT EUR 02. Jan 1992
WBAG CON Common Stock Wiener Boerse AG AT EUR 02. Jan 1992
BMV CON N Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1992
BATS-CHIXE COND Common Stock BATS 'Chi-X Europe' GB EUR 02. Jan 1992
OTCPK CTTA.Y ADR EACH REP 0.2 ORD NPV Pink Sheets LLC US USD 28. Mar 1991
BST CONA ADR EACH REP 0.2 ORD NPV Boerse-Stuttgart DE EUR 28. Mar 1991
Number of employees
Current staff
Staff numbers
241,458
Continental employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 05:09
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/20
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.