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innogy

SWX:INNOG
Snowflake Description

Limited growth with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INNOG
SWX
€24B
Market Cap
  1. Home
  2. CH
  3. Utilities
Company description

innogy SE operates as an energy company in Europe. The last earnings update was 8 days ago. More info.


Add to Portfolio Compare Print
INNOG Share Price and Events
7 Day Returns
0%
SWX:INNOG
9.5%
Europe Integrated Utilities
10.7%
CH Market
1 Year Returns
1.9%
SWX:INNOG
-6.7%
Europe Integrated Utilities
-5.9%
CH Market
INNOG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
innogy (INNOG) 0% 0% 0% 1.9% 23% -
Europe Integrated Utilities 9.5% -17.3% -14.1% -6.7% -6.7% -23.3%
CH Market 10.7% -7.3% -13.9% -5.9% 2.6% -1.1%
1 Year Return vs Industry and Market
  • INNOG outperformed the Integrated Utilities industry which returned -6.7% over the past year.
  • INNOG outperformed the Market in Switzerland which returned -5.9% over the past year.
Price Volatility
INNOG
Industry
5yr Volatility vs Market

Value

 Is innogy 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 innogy 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 innogy.

SWX:INNOG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in EUR € 1.4110471428571
Payout Ratio Company Filings (2019-12-31) 12720%
Discount Rate (Cost of Equity) See below 3.8%
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:INNOG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate -0.6%
Equity Risk Premium S&P Global 5.4%
Integrated Utilities Unlevered Beta Simply Wall St/ S&P Global 0.28
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.28 (1 + (1- 30%) (74.74%))
0.615
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.55% + (0.8 * 5.44%)
3.8%

Discounted Cash Flow Calculation for SWX:INNOG using Dividend Discount Model Model

The calculations below outline how an intrinsic value for innogy is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

SWX:INNOG Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €1.41 / (3.8% - -0.55%)
€25.48
SWX:INNOG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:INNOG represents 1.07863x of XTRA:IGY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.07863x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (EUR) x Listing Adjustment Factor
= € 21.90 x 1.07863
CHF23.62
Value per share (CHF) From above. CHF23.62
Current discount Discount to share price of CHF46.50
= -1 x (CHF46.50 - CHF23.62) / CHF23.62
-96.9%

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

  • The current share price of innogy 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 innogy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are innogy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:INNOG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-0.16
XTRA:IGY Share Price ** XTRA (2020-03-31) in EUR €43.11
Europe Integrated Utilities Industry PE Ratio Median Figure of 17 Publicly-Listed Integrated Utilities Companies 16.88x
Switzerland Market PE Ratio Median Figure of 175 Publicly-Listed Companies 16.61x

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

** Primary Listing of innogy.

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

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

= 43.11 ÷ -0.16

-272.16x

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

  • innogy is loss making, we can't compare its value to the Europe Integrated Utilities industry average.
  • innogy is loss making, we can't compare the value of its earnings to the Switzerland market.
Price based on expected Growth
Does innogy's expected growth come at a high price?
Raw Data
SWX:INNOG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -272.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
13.4%per year
Europe Integrated Utilities Industry PEG Ratio Median Figure of 11 Publicly-Listed Integrated Utilities Companies 2.19x
Switzerland Market PEG Ratio Median Figure of 125 Publicly-Listed Companies 1.69x

*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 innogy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on innogy's assets?
Raw Data
SWX:INNOG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €13.37
XTRA:IGY Share Price * XTRA (2020-03-31) in EUR €43.11
Europe Integrated Utilities Industry PB Ratio Median Figure of 20 Publicly-Listed Integrated Utilities Companies 1.7x
Switzerland Market PB Ratio Median Figure of 216 Publicly-Listed Companies 1.33x
SWX:INNOG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 43.11 ÷ 13.37

3.23x

* Primary Listing of innogy.

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

  • innogy is overvalued based on assets compared to the Europe Integrated Utilities industry average.
X
Value checks
We assess innogy'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 Integrated Utilities 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 Integrated Utilities industry average (and greater than 0)? (1 check)
  5. innogy has a total score of 0/6, 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 innogy expected to perform in the next 1 to 3 years based on estimates from 11 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
13.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is innogy expected to grow at an attractive rate?
  • innogy's earnings growth is expected to exceed the low risk savings rate of -0.6%.
Growth vs Market Checks
  • innogy's earnings growth is expected to exceed the Switzerland market average.
  • innogy's revenue growth is positive but not above the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:INNOG Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:INNOG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 13.4%
SWX:INNOG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 0.4%
Europe Integrated Utilities Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
Europe Integrated Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 8.7%
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:INNOG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:INNOG Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 32,688 3,537 1,170 1
2023-12-31 35,699 3,285 1,252 2
2022-12-31 35,330 3,142 1,225 2
2021-12-31 36,077 2,745 1,068 7
2020-12-31 35,764 2,549 944 8
2020-03-31
SWX:INNOG Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 33,818 1,574 -88
2019-09-30 35,129 1,568 -374
2019-06-30 35,061 2,154 -832
2019-03-31 35,246 2,298 -633
2018-12-31 33,567 2,565 -973
2018-09-30 39,646 2,684 -332
2018-06-30 42,395 2,432 700
2018-03-31 40,241 2,437 788
2017-12-31 41,383 2,654 778
2017-09-30 36,504 2,537 1,555
2017-06-30 37,347 2,506 1,361
2017-03-31 40,916 2,617 1,339

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • innogy's earnings are expected to grow by 13.4% yearly, however this is not considered high growth (20% yearly).
  • innogy's revenue is expected to grow by 0.4% 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:INNOG 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 11 Analyst Estimates (S&P Global) See Below

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

SWX:INNOG Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 2.27 2.27 2.27 1.00
2023-12-31 2.43 2.76 2.09 2.00
2022-12-31 2.37 2.71 2.02 2.00
2021-12-31 1.91 2.58 1.66 7.00
2020-12-31 1.70 2.04 1.51 8.00
2020-03-31
SWX:INNOG Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 -0.16
2019-09-30 -0.67
2019-06-30 -1.50
2019-03-31 -1.14
2018-12-31 -1.75
2018-09-30 -0.60
2018-06-30 1.26
2018-03-31 1.42
2017-12-31 1.40
2017-09-30 2.80
2017-06-30 2.52
2017-03-31 2.42

*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.
  • innogy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess innogy'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.
innogy has a total score of 2/6, 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 innogy 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 innogy's growth in the last year to its industry (Integrated Utilities).
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.
  • innogy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare innogy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare innogy's 1-year growth to the Europe Integrated Utilities industry average as it is not currently profitable.
Earnings and Revenue History
innogy'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 innogy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:INNOG 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 33,818.00 -88.00 3,253.00
2019-09-30 35,129.00 -374.00 3,518.00
2019-06-30 35,061.00 -832.00 3,517.00
2019-03-31 35,246.00 -633.00 3,506.00
2018-12-31 33,567.00 -973.00 3,171.00
2018-09-30 39,646.00 -332.00 3,587.00
2018-06-30 42,395.00 700.00 3,669.00
2018-03-31 40,241.00 788.00 3,476.00
2017-12-31 41,383.00 778.00 3,439.00
2017-09-30 36,504.00 1,555.00 3,150.00
2017-06-30 37,347.00 1,361.00 3,194.00
2017-03-31 40,916.00 1,339.00 3,274.00
2016-12-31 41,748.00 1,513.00 3,312.00
2016-09-30 42,006.00 1,183.00 3,298.00
2016-06-30 43,040.00 1,469.00 3,251.00
2016-03-31 45,015.00 1,807.00 3,242.00
2015-12-31 43,691.00 1,613.00 3,151.00
2014-12-31 43,638.00 1,467.00 3,215.00
2013-12-31 46,138.00 664.00 3,351.00

*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.
  • innogy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • innogy used its assets less efficiently than the Europe Integrated Utilities industry average last year based on Return on Assets.
  • It is difficult to establish if innogy 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 innogy'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 Integrated Utilities 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.
innogy 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 innogy'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 innogy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • innogy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • innogy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of innogy'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 1.3x 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 innogy Company Filings, last reported 3 months ago.

SWX:INNOG Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 8,824.00 15,112.00 1,285.00
2019-09-30 8,348.00 17,588.00 2,617.00
2019-06-30 8,995.00 19,363.00 2,973.00
2019-03-31 10,066.00 19,566.00 3,686.00
2018-12-31 9,914.00 18,705.00 4,376.00
2018-09-30 11,197.00 18,648.00 4,557.00
2018-06-30 11,055.00 19,238.00 3,464.00
2018-03-31 11,968.00 18,341.00 3,137.00
2017-12-31 11,252.00 17,256.00 3,324.00
2017-09-30 10,679.00 17,382.00 3,551.00
2017-06-30 10,916.00 17,925.00 3,169.00
2017-03-31 11,549.00 18,307.00 4,153.00
2016-12-31 10,667.00 17,221.00 4,067.00
2016-09-30 7,480.00 17,165.00 2,481.00
2016-06-30 6,004.00 21,515.00 2,472.00
2016-03-31 18,460.00 18,975.00 2,444.00
2015-12-31 18,460.00 18,975.00 2,444.00
2014-12-31 18,398.00 16,473.00 2,388.00
2013-12-31 16,989.00 16,505.00 2,526.00
  • innogy's level of debt (171.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (89.6% vs 171.3% today).
  • Debt is not well covered by operating cash flow (10.4%, less than 20% of total debt).
  • Unable to confirm if the interest payments on innogy's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess innogy'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. innogy has a total score of 1/6, 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 innogy'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
0%
Current annual income from innogy dividends. Estimated to be 3.27% next year.
If you bought CHF2,000 of innogy shares you are expected to receive CHF0 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?
  • Unable to evaluate innogy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate innogy's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:INNOG 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 11 Analyst Estimates (S&P Global) See Below
Europe Integrated Utilities Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 5.4%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 159 Stocks 3.3%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Switzerland Bottom 25% Dividend Yield 25th Percentile 2.1%
Switzerland Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

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

SWX:INNOG Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 1.82 1.00
2023-12-31 1.77 3.00
2022-12-31 1.67 3.00
2021-12-31 1.36 10.00
2020-12-31 1.25 11.00
2020-03-31
SWX:INNOG Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-23 0.000 0.000
2019-03-13 1.400 3.247
2018-03-12 1.600 4.164
2017-03-13 1.600 4.507

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

  • Unable to perform a dividend volatility check as innogy has not reported any payouts.
  • Unable to verify if innogy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of innogy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as innogy has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess innogy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 innogy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. innogy has a total score of 1/6, 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 innogy'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
Leonhard Birnbaum
TENURE AS CEO 0.4 years
CEO Bio

Dr.-Ing. Leonhard Birnbaum is the Chief Executive Officer and Member of Management Board at innogy SE since October 11, 2019.

CEO Compensation
  • Insufficient data for Leonhard to compare compensation growth.
  • Insufficient data for Leonhard to establish whether their remuneration is reasonable compared to companies of similar size in Switzerland.
Management Team Tenure

Average tenure of the innogy management team in years:

0.4
Average Tenure
  • The average tenure for the innogy management team is less than 2 years, this suggests a new team.
Management Team

Essen Günther

TITLE
CFO, Chief HR Officer
COMPENSATION
€3M
AGE
52
TENURE
3.8 yrs

Meike Neuhaus

TITLE
Head of Events & Sponsoring and Member of Supervisory Board
COMPENSATION
€100K
AGE
53

Leonhard Birnbaum

TITLE
CEO & Member of Management Board
TENURE
0.4 yrs

Christoph Radke

TITLE
COO of Renewables
TENURE
0.4 yrs

Verena Nicolaus-Kronenberg

TITLE
Head of Investor Relations
Board of Directors Tenure

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

3.4
Average Tenure
57
Average Age
  • The tenure for the innogy board of directors is about average.
Board of Directors

Johannes Teyssen

TITLE
Chairman of Supervisory Board
AGE
60
TENURE
0.4 yrs

Frank Bsirske

TITLE
Deputy Chairman of Supervisory Board
COMPENSATION
€200K
AGE
67

Meike Neuhaus

TITLE
Head of Events & Sponsoring and Member of Supervisory Board
COMPENSATION
€100K
AGE
53
TENURE
3.4 yrs

Jan Konerding

TITLE
Member of Supervisory Board
TENURE
0.4 yrs

Robert Leyland

TITLE
Member of Supervisory Board
COMPENSATION
€120K
AGE
57
TENURE
3.4 yrs

René Pöhls

TITLE
Member of Supervisory Board
COMPENSATION
€157K
AGE
49
TENURE
3.4 yrs

Pascal van Rijsewijk

TITLE
Member of Supervisory Board
COMPENSATION
€140K
AGE
42
TENURE
3.4 yrs

Gabriele Sassenberg

TITLE
Member of Supervisory Board
COMPENSATION
€140K
AGE
58
TENURE
3.4 yrs

Šárka Vojíková

TITLE
Member of Supervisory Board
COMPENSATION
€120K
AGE
52
TENURE
3.4 yrs

Monika Krebber

TITLE
Member of Supervisory Board
COMPENSATION
€120K
AGE
57
TENURE
2.7 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 innogy'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. innogy 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

innogy SE operates as an energy company in Europe. The company operates in two divisions, Grid & Infrastructure and Retail. The Grid & Infrastructure division is involved in the operation of gas distribution network in Croatia, as well as electricity distribution network in Poland and Hungary; and water business. The Retail division sells electricity and gas. The company serves residential, commercial, industrial, and corporate customers, as well as distributors. The company was formerly known as RWE International SE and changed its name to innogy SE in September 2016. innogy SE was founded in 2015 and is headquartered in Essen, Germany. innogy SE is a subsidiary of E.ON Verwaltungs SE.

Details
Name: innogy SE
INNOG
Exchange: SWX
Founded: 2015
€25,359,340,025
555,555,000
Website: http://www.innogy.com
Address: innogy SE
Opernplatz 1,
Essen,
North Rhine-Westphalia, 45128,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA IGY Ordinary Bearer Shares XETRA Trading Platform DE EUR 07. Oct 2016
DB IGY Ordinary Bearer Shares Deutsche Boerse AG DE EUR 07. Oct 2016
LSE 0RJH Ordinary Bearer Shares London Stock Exchange GB EUR 07. Oct 2016
SWX INNOG Ordinary Bearer Shares SIX Swiss Exchange CH CHF 07. Oct 2016
WBAG IGY Ordinary Bearer Shares Wiener Boerse AG AT EUR 07. Oct 2016
ETLX IGY Ordinary Bearer Shares Eurotlx IT EUR 07. Oct 2016
BATS-CHIXE IGYD Ordinary Bearer Shares BATS 'Chi-X Europe' GB EUR 07. Oct 2016
XTRA IGYB NPV (ASD 06/07/18 EON CSH) XETRA Trading Platform DE EUR 03. May 2018
OTCPK INNY.Y UNSPONSORE ADR Pink Sheets LLC US USD 17. Mar 2017
LSE 0A25 NPV (ASD 06/07/18 EON CSH) London Stock Exchange GB EUR 03. May 2018
Number of employees
Current staff
Staff numbers
34,523
innogy employees.
Industry
Multi-Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 23:12
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/03/23
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.