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Jungheinrich

SWX:JUNGH
Snowflake Description

Average dividend payer and fair value.

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

Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products in the fields of forklift trucks, and warehousing and material flow technology. The last earnings update was 11 days ago. More info.


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JUNGH Share Price and Events
7 Day Returns
0%
SWX:JUNGH
-0.3%
CH Machinery
-0%
CH Market
1 Year Returns
-7.2%
SWX:JUNGH
14.4%
CH Machinery
13.3%
CH Market
JUNGH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jungheinrich (JUNGH) 0% 0% 0% -7.2% 12% 64.2%
CH Machinery -0.3% 7.6% 15.7% 14.4% 26.5% 41.5%
CH Market -0% 3.2% 4.8% 13.3% 21.9% 13%
1 Year Return vs Industry and Market
  • JUNGH underperformed the Machinery industry which returned 14.4% over the past year.
  • JUNGH underperformed the Market in Switzerland which returned 13.3% over the past year.
Price Volatility
JUNGH
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Jungheinrich 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 Jungheinrich 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 Jungheinrich.

SWX:JUNGH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.6%
Perpetual Growth Rate 10-Year CH Government Bond Rate 3.3%

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:JUNGH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.078 (1 + (1- 30%) (102.9%))
1.573
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.57
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.28% + (1.573 * 5.96%)
12.65%

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

The calculations below outline how an intrinsic value for Jungheinrich 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:JUNGH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.65%)
2020 129.70 Analyst x7 115.14
2021 99.79 Analyst x8 78.64
2022 103.87 Est @ 4.09% 72.66
2023 107.86 Est @ 3.85% 66.98
2024 111.83 Est @ 3.67% 61.65
2025 115.80 Est @ 3.55% 56.67
2026 119.82 Est @ 3.47% 52.05
2027 123.91 Est @ 3.41% 47.78
2028 128.09 Est @ 3.37% 43.85
2029 132.37 Est @ 3.34% 40.22
Present value of next 10 years cash flows €635.00
SWX:JUNGH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €132.37 × (1 + 3.28%) ÷ (12.65% – 3.28%)
€1,458.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,458.23 ÷ (1 + 12.65%)10
€443.14
SWX:JUNGH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €635.00 + €443.14
€1,078.14
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,078.14 / 102.00
€10.57
SWX:JUNGH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:JUNGH represents 1.35527x of XTRA:JUN3
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.35527x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (EUR) x Listing Adjustment Factor
= € 10.57 x 1.35527
CHF14.33
Value per share (CHF) From above. CHF14.33
Current discount Discount to share price of CHF30.90
= -1 x (CHF30.90 - CHF14.33) / CHF14.33
-115.7%

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

  • The current share price of Jungheinrich is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Jungheinrich's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jungheinrich's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:JUNGH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €1.79
XTRA:JUN3 Share Price ** XTRA (2019-11-18) in EUR €22.8
Switzerland Machinery Industry PE Ratio Median Figure of 25 Publicly-Listed Machinery Companies 23.34x
Switzerland Market PE Ratio Median Figure of 171 Publicly-Listed Companies 19.23x

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

** Primary Listing of Jungheinrich.

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

= XTRA:JUN3 Share Price ÷ EPS (both in EUR)

= 22.8 ÷ 1.79

12.77x

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

  • Jungheinrich is good value based on earnings compared to the CH Machinery industry average.
  • Jungheinrich is good value based on earnings compared to the Switzerland market.
Price based on expected Growth
Does Jungheinrich's expected growth come at a high price?
Raw Data
SWX:JUNGH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
6%per year
Switzerland Machinery Industry PEG Ratio Median Figure of 23 Publicly-Listed Machinery Companies 1.18x
Switzerland Market PEG Ratio Median Figure of 124 Publicly-Listed Companies 2.17x

*Line of best fit is calculated by linear regression .

SWX:JUNGH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.77x ÷ 6%

2.12x

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

  • Jungheinrich is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Jungheinrich's assets?
Raw Data
SWX:JUNGH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €13.62
XTRA:JUN3 Share Price * XTRA (2019-11-18) in EUR €22.8
Switzerland Machinery Industry PB Ratio Median Figure of 25 Publicly-Listed Machinery Companies 2.3x
Switzerland Market PB Ratio Median Figure of 214 Publicly-Listed Companies 1.66x
SWX:JUNGH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:JUN3 Share Price ÷ Book Value per Share (both in EUR)

= 22.8 ÷ 13.62

1.67x

* Primary Listing of Jungheinrich.

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

  • Jungheinrich is good value based on assets compared to the CH Machinery industry average.
X
Value checks
We assess Jungheinrich'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Jungheinrich has a total score of 3/6, 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 Jungheinrich expected to perform in the next 1 to 3 years based on estimates from 13 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
6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jungheinrich expected to grow at an attractive rate?
  • Jungheinrich's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • Jungheinrich's earnings growth is positive but not above the Switzerland market average.
  • Jungheinrich's revenue growth is positive but not above the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:JUNGH Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:JUNGH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 6%
SWX:JUNGH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 3.1%
Switzerland Machinery Industry Earnings Growth Rate Market Cap Weighted Average 14.5%
Switzerland Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 9.9%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*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:JUNGH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:JUNGH Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,551 2
2022-12-31 4,401 255 2
2021-12-31 4,144 235 182 11
2020-12-31 3,996 239 166 13
2019-12-31 3,959 222 170 13
2019-11-18
SWX:JUNGH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 4,069 182
2019-06-30 3,968 335 179
2019-03-31 3,872 179
2018-12-31 3,796 219 176
2018-09-30 3,673 183
2018-06-30 3,585 44 181
2018-03-31 3,516 182
2017-12-31 3,435 71 182
2017-09-30 3,361 173
2017-06-30 3,288 168 166
2017-03-31 3,209 164
2016-12-31 3,085 142 154

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jungheinrich's earnings are expected to grow by 6% yearly, however this is not considered high growth (20% yearly).
  • Jungheinrich's revenue is expected to grow by 3.1% 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:JUNGH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Jungheinrich Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:JUNGH Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.78 1.97 1.59 10.00
2020-12-31 1.63 1.91 1.42 12.00
2019-12-31 1.67 1.73 1.62 7.00
2019-11-18
SWX:JUNGH Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 1.79
2019-06-30 1.75
2019-03-31
2018-12-31 1.72
2018-09-30
2018-06-30 1.77
2018-03-31
2017-12-31 1.79
2017-09-30
2017-06-30 1.63
2017-03-31
2016-12-31 1.51

*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.
  • Jungheinrich is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Jungheinrich'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 Switzerland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Switzerland 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.
Jungheinrich has a total score of 1/6, 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 Jungheinrich 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 Jungheinrich's growth in the last year to its industry (Machinery).
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.
  • Jungheinrich's year on year earnings growth rate has been positive over the past 5 years.
  • Jungheinrich's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Jungheinrich's 1-year earnings growth is negative, it can't be compared to the CH Machinery industry average.
Earnings and Revenue History
Jungheinrich'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 Jungheinrich Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:JUNGH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 4,069.39 182.11 783.72 63.91
2019-06-30 3,967.99 178.71 808.32 62.51
2019-03-31 3,872.39 179.11 783.72 63.91
2018-12-31 3,796.39 175.81 783.72 63.91
2018-09-30 3,673.33 183.15 704.21 64.11
2018-06-30 3,585.33 180.65 749.60 66.01
2018-03-31 3,516.33 181.55 704.21 64.11
2017-12-31 3,435.33 182.15 707.80 64.11
2017-09-30 3,360.85 172.76 663.49 55.25
2017-06-30 3,288.35 165.96 693.10 61.55
2017-03-31 3,208.85 164.06 663.49 55.25
2016-12-31 3,084.85 154.36 672.20 55.25
2016-09-30 2,973.90 146.29 586.32 50.15
2016-06-30 2,884.50 145.69 624.82 51.35
2016-03-31 2,800.90 138.29 586.32 50.15
2015-12-31 2,753.90 137.59 586.32 50.15
2015-09-30 2,670.27 137.38 567.97 49.95
2015-06-30 2,620.77 134.08 559.57 48.05
2015-03-31 2,542.37 127.68 547.17 45.55
2014-12-31 2,497.77 125.78 537.37 43.75
2014-09-30 2,444.28 117.83 526.17 39.15
2014-06-30 2,389.38 113.53 518.17 38.35
2014-03-31 2,351.28 110.73 504.57 38.35
2013-12-31 2,289.78 106.93 490.17 38.15
2013-09-30 2,256.49 106.00 494.18 41.58
2013-06-30 2,253.39 107.30 481.28 42.08
2013-03-31 2,251.99 108.60 479.58 43.58
2012-12-31 2,270.49 112.10 478.48 43.78

*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.
  • Jungheinrich has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jungheinrich used its assets less efficiently than the CH Machinery industry average last year based on Return on Assets.
  • Jungheinrich's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jungheinrich'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 Machinery 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.
Jungheinrich has a total score of 1/6, 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 Jungheinrich'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 Jungheinrich's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jungheinrich is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jungheinrich's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jungheinrich'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 not covered by short term assets, assets are 0.9x 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 Jungheinrich Company Filings, last reported 1 month ago.

SWX:JUNGH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,389.70 2,386.70 435.60
2019-06-30 1,389.70 2,386.70 435.60
2019-03-31 1,362.07 2,133.01 515.06
2018-12-31 1,362.07 2,120.46 515.06
2018-09-30 1,284.10 1,898.30 329.80
2018-06-30 1,284.10 1,898.30 329.80
2018-03-31 1,244.21 1,745.33 410.73
2017-12-31 1,244.21 1,731.48 410.73
2017-09-30 1,152.70 1,518.50 131.70
2017-06-30 1,152.70 1,518.50 131.70
2017-03-31 1,114.13 1,456.45 131.37
2016-12-31 1,114.13 1,440.55 345.46
2016-09-30 1,040.40 1,410.60 137.00
2016-06-30 1,040.40 1,410.60 137.00
2016-03-31 1,026.20 1,370.56 355.79
2015-12-31 1,026.23 1,370.56 166.99
2015-09-30 980.10 1,336.60 409.20
2015-06-30 944.80 1,303.20 358.40
2015-03-31 928.00 1,274.00 402.60
2014-12-31 900.28 1,246.82 394.28
2014-09-30 865.30 1,202.70 360.10
2014-06-30 843.50 1,171.40 301.90
2014-03-31 849.80 1,156.00 217.30
2013-12-31 831.49 1,108.95 364.95
2013-09-30 789.00 1,125.50 371.40
2013-06-30 767.60 1,190.60 318.10
2013-03-31 774.90 1,200.80 371.70
2012-12-31 754.25 1,175.67 468.83
  • Jungheinrich's level of debt (170.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (137.5% vs 170.8% today).
  • Debt is not well covered by operating cash flow (14.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 44.3x coverage).
X
Financial health checks
We assess Jungheinrich'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. Jungheinrich has a total score of 3/6, 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 Jungheinrich'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
2.19%
Current annual income from Jungheinrich dividends. Estimated to be 2.21% next year.
If you bought CHF2,000 of Jungheinrich shares you are expected to receive CHF44 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?
  • Jungheinrich's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (1.85%).
  • Jungheinrich's dividend is below the markets top 25% of dividend payers in Switzerland (3.6%).
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:JUNGH 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 13 Analyst Estimates (S&P Global) See Below
Switzerland Machinery Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2.2%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 163 Stocks 2.9%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.2%
Switzerland Bottom 25% Dividend Yield 25th Percentile 1.8%
Switzerland Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

SWX:JUNGH Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.76 1.00
2021-12-31 0.52 12.00
2020-12-31 0.49 14.00
2019-12-31 0.49 13.00
2019-11-18
SWX:JUNGH Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-20 0.500 2.120
2018-03-07 0.500 1.663
2017-03-21 0.440 1.227
2016-03-24 0.397 1.428
2016-03-03 0.397 1.603
2015-03-17 0.347 1.588
2014-03-28 0.287 1.730
2013-03-15 0.287 2.086
2012-08-09 0.253 2.672
2012-05-14 0.233 3.090
2012-04-10 0.253 3.012
2011-05-16 0.183 2.375
2010-03-01 0.040 0.527
2009-04-08 0.183 4.691

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Jungheinrich's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Jungheinrich'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 Jungheinrich afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jungheinrich has a total score of 4/6, 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 Jungheinrich'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.
  • Jungheinrich has no CEO, or we have no data on them.
Management Team Tenure

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

4.6
Average Tenure
57
Average Age
  • The tenure for the Jungheinrich management team is about average.
Management Team

Hans-Georg Frey

TITLE
Chairman of Supervisory Board
AGE
63

Lars Brzoska

TITLE
Chairman of the Board of Management at Engineering
AGE
47
TENURE
0.8 yrs

Volker Hues

TITLE
CFO & Member of the Board of Management
AGE
56
TENURE
4.6 yrs

Klaus-Dieter Rosenbach

TITLE
Member of the Board of Management at Logistic Systems
AGE
60
TENURE
11.8 yrs

Christian Erlach

TITLE
Member of the Board of Management at Marketing & Sales
AGE
57
TENURE
1.8 yrs

Andrea Bleesen

TITLE
Head of Investor Relations
TENURE
7.2 yrs

Markus Piazza

TITLE
Head of Corporate Communications

Frank Strasmann

TITLE
Managing Director of Sales

Thomas Heyn

TITLE
Executive Human Resources Director

Stefan Seemüller

TITLE
Head of Project Sales
Board of Directors Tenure

Average tenure of the Jungheinrich board of directors in years:

3.5
Average Tenure
  • The tenure for the Jungheinrich board of directors is about average.
Board of Directors

Hans-Georg Frey

TITLE
Chairman of Supervisory Board
AGE
63
TENURE
0.8 yrs

Markus Haase

TITLE
Deputy Chairman of Supervisory Board
TENURE
3.5 yrs

Ulrich Schmidt

TITLE
Member of Supervisory Board
TENURE
3.5 yrs

Annet Aris

TITLE
Member of Supervisory Board
AGE
61
TENURE
8.4 yrs

Birgit von Garrel

TITLE
Member of Supervisory Board

Wolff Lange

TITLE
Member of Supervisory Board

Rolf Haschke

TITLE
Member of Supervisory Board
TENURE
8.4 yrs

Steffen Schwarz

TITLE
Member of Supervisory Board
TENURE
8.4 yrs

Rainer Breitschädel

TITLE
Member of Supervisory Board
TENURE
3.5 yrs

Beate Klose

TITLE
Member of Supervisory Board
TENURE
3.5 yrs
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 Jungheinrich'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. Jungheinrich 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

Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products in the fields of forklift trucks, and warehousing and material flow technology. The company’s Intralogistics segment develops, produces, sells, and rents new material handling equipment and warehousing technology products; sale and short-term leasing of new and used equipment; and provides spare parts, as well as maintenance and repair services. Its Financial Services segment engages in the sales financing and usage transfer of forklifts and warehousing technology products. The company offers new forklifts, such as pallet trucks, order pickers, reach trucks, high rack stackers, forklift trucks, tow tractors, trailers, and shuttles; counterbalanced forklift trucks; and automated components, including automated guided vehicles, conveyor systems, and stacker cranes. It also provides batteries, electric drives/drivetrains, controllers, electro mechanic components/control pedals/displays, electric mounting panels, and cable sets; and develops software solutions. The company distributes its products through its direct sales and service network, as well as through dealers and mail orders in Germany and internationally. Jungheinrich Aktiengesellschaft was founded in 1953 and is headquartered in Hamburg, Germany.

Details
Name: Jungheinrich Aktiengesellschaft
JUNGH
Exchange: SWX
Founded: 1953
€2,539,957,903
102,000,000
Website: http://www.jungheinrich.com
Address: Jungheinrich Aktiengesellschaft
Friedrich-Ebert-Damm 129,
Hamburg,
Hamburg, 22047,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA JUN3 Preference Stock XETRA Trading Platform DE EUR 02. Jan 1992
OTCPK JGHA.F Preference Stock Pink Sheets LLC US USD 02. Jan 1992
DB JUN3 Preference Stock Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0EXP Preference Stock London Stock Exchange GB EUR 02. Jan 1992
SWX JUNGH Preference Stock SIX Swiss Exchange CH CHF 02. Jan 1992
WBAG JUN3 Preference Stock Wiener Boerse AG AT EUR 02. Jan 1992
BATS-CHIXE JUN3D Preference Stock BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
18,221
Jungheinrich employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 21:44
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/11/15
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.