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FACC

DB:1FC
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1FC
DB
€488M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

FACC AG engages in the design, development, and manufacture of lightweight aircraft components and systems to the aerospace industry worldwide. The last earnings update was 93 days ago. More info.


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1FC Share Price and Events
7 Day Returns
5.6%
DB:1FC
0.8%
Europe Aerospace & Defense
2.5%
DE Market
1 Year Returns
-34.5%
DB:1FC
11.7%
Europe Aerospace & Defense
2.6%
DE Market
1FC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FACC (1FC) 5.6% -3.4% 0.1% -34.5% 97.7% -
Europe Aerospace & Defense 0.8% -2.9% 0.9% 11.7% 67.1% 114.9%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • 1FC underperformed the Aerospace & Defense industry which returned 11.7% over the past year.
  • 1FC underperformed the Market in Germany which returned 2.6% over the past year.
Price Volatility
1FC
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for FACC's competitors could be found in our database.

Value

 Is FACC 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 FACC 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 FACC.

DB:1FC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:1FC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.5%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.864 (1 + (1- 25%) (62.75%))
1.181
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.181 * 6.51%)
7.92%

Discounted Cash Flow Calculation for DB:1FC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for FACC 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.

DB:1FC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.92%)
2020 11.67 Analyst x3 10.81
2021 18.70 Analyst x3 16.06
2022 35.57 Analyst x3 28.30
2023 44.15 Analyst x2 32.55
2024 50.35 Analyst x2 34.40
2025 57.05 Est @ 13.31% 36.12
2026 62.41 Est @ 9.39% 36.61
2027 66.55 Est @ 6.64% 36.17
2028 69.69 Est @ 4.72% 35.10
2029 72.03 Est @ 3.37% 33.62
Present value of next 10 years cash flows €299.00
DB:1FC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €72.03 × (1 + 0.23%) ÷ (7.92% – 0.23%)
€938.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €938.91 ÷ (1 + 7.92%)10
€438.22
DB:1FC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €299.00 + €438.22
€737.22
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €737.22 / 45.79
€16.1
DB:1FC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1FC represents 1.00939x of WBAG:FACC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00939x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 16.10 x 1.00939
€16.25
Value per share (EUR) From above. €16.25
Current discount Discount to share price of €10.75
= -1 x (€10.75 - €16.25) / €16.25
33.9%

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

Current Discount
Amount off the current price FACC is available for.
Intrinsic value
34%
Share price is €10.75 vs Future cash flow value of €16.25
Current Discount Checks
For FACC to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • FACC's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • FACC's share price is below the future cash flow value, but not 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 FACC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FACC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1FC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in EUR €0.45
WBAG:FACC Share Price ** WBAG (2019-10-11) in EUR €10.65
Europe Aerospace & Defense Industry PE Ratio Median Figure of 36 Publicly-Listed Aerospace & Defense Companies 21.4x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of FACC.

DB:1FC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WBAG:FACC Share Price ÷ EPS (both in EUR)

= 10.65 ÷ 0.45

23.59x

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

  • FACC is overvalued based on earnings compared to the Europe Aerospace & Defense industry average.
  • FACC is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does FACC's expected growth come at a high price?
Raw Data
DB:1FC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
22.6%per year
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 26 Publicly-Listed Aerospace & Defense Companies 1.59x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:1FC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.59x ÷ 22.6%

1.05x

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

  • FACC is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on FACC's assets?
Raw Data
DB:1FC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in EUR €6.64
WBAG:FACC Share Price * WBAG (2019-10-11) in EUR €10.65
Europe Aerospace & Defense Industry PB Ratio Median Figure of 49 Publicly-Listed Aerospace & Defense Companies 1.96x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:1FC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WBAG:FACC Share Price ÷ Book Value per Share (both in EUR)

= 10.65 ÷ 6.64

1.6x

* Primary Listing of FACC.

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

  • FACC is good value based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess FACC'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. FACC 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 FACC expected to perform in the next 1 to 3 years based on estimates from 3 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
22.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FACC expected to grow at an attractive rate?
  • FACC's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • FACC's earnings growth is expected to exceed the Germany market average.
  • FACC's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1FC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1FC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 22.6%
DB:1FC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 8.5%
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
DB:1FC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1FC Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-02-29 1,090 60 2
2023-12-31
2023-02-28 1,036 56 2
2022-12-31
2022-02-28 971 71 55 3
2021-12-31 877 61 40 1
2021-02-28 899 61 44 3
2020-12-31 823 54 32 1
2020-02-29 818 54 33 3
2019-12-31 667 21 22 1
2019-10-12
DB:1FC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-05-31 786 47 21
2019-02-28 782 63 30
2018-11-30 770 69 26
2018-08-31 759 70 37
2018-05-31 753 76 42
2018-02-28 748 63 37
2017-11-30 755 92 55
2017-08-31 743 67 37
2017-05-31 735 54 24
2017-02-28 717 20 15
2016-11-30 683 -12 -58
2016-08-31 651 -18 -59

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FACC's earnings are expected to grow significantly at over 20% yearly.
  • FACC's revenue is expected to grow by 8.5% 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
DB:1FC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from FACC Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1FC Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-02-29 1.30 1.30 1.30 1.00
2023-12-31
2023-02-28 1.23 1.23 1.23 1.00
2022-12-31
2022-02-28 1.19 1.28 1.14 3.00
2021-12-31 0.86 0.86 0.86 1.00
2021-02-28 0.97 1.00 0.94 3.00
2020-12-31 0.71 0.71 0.71 1.00
2020-02-29 0.71 0.71 0.71 1.00
2019-12-31 0.47 0.47 0.47 1.00
2019-10-12
DB:1FC Past Financials Data
Date (Data in EUR Millions) EPS *
2019-05-31 0.45
2019-02-28 0.66
2018-11-30 0.58
2018-08-31 0.81
2018-05-31 0.92
2018-02-28 0.81
2017-11-30 1.19
2017-08-31 0.78
2017-05-31 0.47
2017-02-28 0.33
2016-11-30 -1.25
2016-08-31 -1.29

*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.
  • FACC is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess FACC'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.
FACC has a total score of 4/6, 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 FACC 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 FACC's growth in the last year to its industry (Aerospace & Defense).
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.
  • FACC has delivered over 20% year on year earnings growth in the past 5 years.
  • FACC's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • FACC's 1-year earnings growth is negative, it can't be compared to the Europe Aerospace & Defense industry average.
Earnings and Revenue History
FACC'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 FACC Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1FC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 785.69 20.67 41.51 2.27
2019-02-28 781.55 30.32 36.33 2.46
2018-11-30 769.92 26.31 49.33 2.58
2018-08-31 759.07 36.88 42.78 2.79
2018-05-31 752.86 41.83 40.88 3.13
2018-02-28 747.58 36.99 44.95 3.39
2017-11-30 754.65 54.56 77.10 2.30
2017-08-31 742.93 36.86 114.42 1.58
2017-05-31 735.26 24.15 145.41 0.83
2017-02-28 716.84 15.23 178.78
2016-11-30 682.76 -58.03 177.57
2016-08-31 651.33 -58.71 171.99
2016-05-31 622.16 -53.46 166.95
2016-02-29 599.00 -52.27 164.04
2015-11-30 596.23 10.75 160.13
2015-08-31 585.01 8.52 160.72
2015-05-31 566.61 -2.61 163.46
2015-02-28 547.68 -9.59 162.26
2014-11-30 579.01 9.13 160.64
2014-08-31 567.37 9.07 157.43
2014-05-31 565.66 24.42 147.92
2014-02-28 557.14 28.88 142.57
2013-02-28 439.36 20.77 110.52

*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.
  • FACC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • FACC used its assets less efficiently than the Europe Aerospace & Defense industry average last year based on Return on Assets.
  • FACC has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess FACC'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 Aerospace & Defense 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.
FACC has a total score of 2/6, 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 FACC'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 FACC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FACC is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FACC's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of FACC'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 1.5x 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 FACC Company Filings, last reported 4 months ago.

DB:1FC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 304.20 273.31 89.10
2019-02-28 298.97 250.71 90.10
2018-11-30 294.24 255.08 65.35
2018-08-31 282.64 255.29 77.51
2018-05-31 285.42 242.99 63.69
2018-02-28 323.09 224.45 63.79
2017-11-30 325.60 246.40 56.99
2017-08-31 306.65 252.46 61.80
2017-05-31 300.72 259.37 66.70
2017-02-28 269.69 229.84 49.05
2016-11-30 314.44 261.08 20.36
2016-08-31 311.81 257.93 37.54
2016-05-31 310.05 242.46
2016-02-29 267.11 213.70 56.22
2015-11-30 325.55 262.52 76.55
2015-08-31 324.86 217.16 64.27
2015-05-31 314.86 254.77 112.59
2015-02-28 314.91 203.88 110.96
2014-11-30 326.12 232.60 51.93
2014-08-31 330.47 227.24 90.65
2014-05-31 199.58 257.26 52.00
2014-02-28 224.83 191.24 51.01
2013-02-28 198.55 124.84 36.96
  • FACC's level of debt (89.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (117.7% vs 89.8% today).
  • Debt is not well covered by operating cash flow (17.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.5x coverage).
X
Financial health checks
We assess FACC'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. FACC has a total score of 4/6, 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 FACC'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
1.41%
Current annual income from FACC dividends. Estimated to be 2.1% next year.
If you bought €2,000 of FACC shares you are expected to receive €28 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?
  • FACC's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • FACC's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
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
DB:1FC 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 3 Analyst Estimates (S&P Global) See Below
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:1FC Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-02-29 0.39 1.00
2023-12-31
2023-02-28 0.36 1.00
2022-12-31
2022-02-28 0.27 3.00
2021-12-31 0.15 1.00
2021-02-28 0.23 4.00
2020-12-31 0.14 1.00
2020-02-29 0.16 3.00
2019-12-31 0.12 1.00
2019-10-12
DB:1FC Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-05-22 0.150 1.365
2018-05-15 0.110 0.691

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

  • It is too early to tell whether FACC has stable dividend payments.
  • FACC only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of FACC's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.1x coverage).
X
Income/ dividend checks
We assess FACC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 FACC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FACC has a total score of 2/6, 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 FACC'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
Robert Machtlinger
COMPENSATION €822,000
AGE 52
TENURE AS CEO 2.8 years
CEO Bio

Mr. Robert Machtlinger has been Chief Executive Officer of FACC AG since February 2017 and serves as its Chairman of Management Board. Mr. Machtlinger and has been Member of Executive Board of FACC AG since 2014. Mr. Machtlinger has been the Chief Operating Officer of FACC Operations GmbH (formerly known as FACC AG) since October 1, 2011 and serves as its Chief Technical Officer. Mr. Machtlinger has been Member of Management Board at FACC Operations GmbH since May 21,2014. Mr. Machtlinger has been working for FACC since 1988, where he has held various management positions during his professional career. Mr. Machtlinger served as the Chief Operating Officer of FACC AG. In 1990, he moved to international program management, sales and marketing. He served as Interim Chief Executive Officer of FACC AG since May 24, 2016 until February 2017. From 1998 to 2000, he was responsible for FACC's business development including interiors, aerostructures and engine nacelles. In 2000, he was assigned the position of Vice President of Aerostructures and seven years later he became the Executive Vice President at Aerostructures. Before joining FACC, Mr. Machtlinger gained experience in engineering and business administration comprising design engineering for special equipment, manufacturing engineering and international program management at Fischer Ski & Tennis. From his professional background, he is specifically educated in CAD, CAD/CAM engineering, design engineering and manufacturing engineering & business practices.

CEO Compensation
  • Robert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Robert's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

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

2.9
Average Tenure
52.5
Average Age
  • The tenure for the FACC management team is about average.
Management Team

Robert Machtlinger

TITLE
Chairman of Management Board & CEO
COMPENSATION
€822K
AGE
52
TENURE
2.8 yrs

Aleš Stárek

TITLE
CFO & Member of Management Board
COMPENSATION
€489K
AGE
49
TENURE
3 yrs

Yongsheng Wang

TITLE
Chief Compliance Officer & Member of the Management Board
COMPENSATION
€340K
AGE
56
TENURE
3.7 yrs

Andreas Ockel

TITLE
COO & Member of Management Board
COMPENSATION
€574K
AGE
53
TENURE
1.9 yrs

Manuel Taverne

TITLE
Director of Investor Relations

Hermann Filsegger

TITLE
Head of Design Organization
Board of Directors Tenure

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

4.6
Average Tenure
56
Average Age
  • The tenure for the FACC board of directors is about average.
Board of Directors

Ruguang Geng

TITLE
Chairman of Supervisory Board
COMPENSATION
€40K
AGE
62
TENURE
5.8 yrs

Zhen Pang

TITLE
Vice Chairman of Supervisory Board
COMPENSATION
€2K
AGE
55
TENURE
1.3 yrs

Jiajia Dai

TITLE
Member of Supervisory Board
AGE
41
TENURE
0.5 yrs

Jing Guo

TITLE
Member of Supervisory Board
COMPENSATION
€2K
AGE
38
TENURE
1.3 yrs

Quinghong Liu

TITLE
Member of Supervisory Board
COMPENSATION
€2K
AGE
46
TENURE
1.3 yrs

Weixi Gong

TITLE
Independent Member of Supervisory Board
COMPENSATION
€27K
AGE
57
TENURE
5.4 yrs

Ulrike Reiter

TITLE
Member of Supervisory Board
AGE
59
TENURE
5.4 yrs

Barbara Huber

TITLE
Member of Supervisory Board
AGE
54
TENURE
5.4 yrs

Peter Krohe

TITLE
Member of Supervisory Board
AGE
64
TENURE
5.4 yrs

George Maffeo

TITLE
Member of Supervisory Board
COMPENSATION
€27K
AGE
65
TENURE
3.8 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 (€) Value (€)
X
Management checks
We assess FACC'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. FACC 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

FACC AG engages in the design, development, and manufacture of lightweight aircraft components and systems to the aerospace industry worldwide. It operates through three segments: Aerostructures, Engines & Nacelles, and Cabin Interiors. The Aerostructures segment develops, produces, distributes, and repairs structural components. This segment offers control surfaces, such as ailerons, elevators, inboard and outboard flaps, rudders, and spoilers and airbrakes; fairings comprising flap track fairings, edge panels, pylon fairings, and wing-to-body fairings; and wing components, including access doors, bathtub panels, flap ribs, air inlets, wing boxes and panels, and winglets. The Engines & Nacelles segment provides engine and nacelle components. The Cabin Interiors segment develops, produces, distributes, and repairs cabin interiors to the commercial aircraft, business jets/private jets, freighters, and helicopters. The company also provides design, engineering, and customer services. It serves manufacturers of aircraft and aircraft engines. The company was founded in 1981 and is headquartered in Ried im Innkreis, Austria. FACC AG is a subsidiary of FACC International Company Limited.

Details
Name: FACC AG
1FC
Exchange: DB
Founded: 1981
€487,663,500
45,790,000
Website: http://www.facc.com
Address: FACC AG
Fischerstrasse 9,
Ried im Innkreis,
Upper Austria, 4910,
Austria
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WBAG FACC Bearer Shares Wiener Boerse AG AT EUR 25. Jun 2014
DB 1FC Bearer Shares Deutsche Boerse AG DE EUR 25. Jun 2014
XTRA 1FC Bearer Shares XETRA Trading Platform DE EUR 25. Jun 2014
LSE 0QW9 Bearer Shares London Stock Exchange GB EUR 25. Jun 2014
BATS-CHIXE FACCV Bearer Shares BATS 'Chi-X Europe' GB EUR 25. Jun 2014
Number of employees
Current staff
Staff numbers
3,459
FACC employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 22:29
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/01
Last earnings filing: 2019/07/11
Last earnings reported: 2019/05/31
Last annual earnings reported: 2019/02/28


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.