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2G Energy

DB:2GB
Snowflake Description

Proven track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2GB
DB
€159M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

2G Energy AG, together with its subsidiaries, develops, manufactures, and installs combined heat and power (CHP) systems, and other systems for the recovery of electrical energy in Germany and internationally. The last earnings update was 188 days ago. More info.


Add to Portfolio Compare Print
  • 2G Energy has significant price volatility in the past 3 months.
2GB Share Price and Events
7 Day Returns
1.1%
DB:2GB
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
20.4%
DB:2GB
-8.2%
DE Electrical
-17.5%
DE Market
2GB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
2G Energy (2GB) 1.1% -23.9% -23.1% 20.4% 53.8% 94.6%
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 2GB outperformed the Electrical industry which returned -8.2% over the past year.
  • 2GB outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
2GB
Industry
5yr Volatility vs Market
Related Companies

2GB Value

 Is 2G Energy 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 2G Energy 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 2G Energy.

DB:2GB 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 5.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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:2GB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.118 (1 + (1- 30%) (9.92%))
1.131
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.131 * 5.44%)
5.76%

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

The calculations below outline how an intrinsic value for 2G Energy 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:2GB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.76%)
2020 9.51 Analyst x3 8.99
2021 9.62 Analyst x3 8.60
2022 12.30 Analyst x2 10.40
2023 14.05 Analyst x2 11.23
2024 15.85 Analyst x2 11.98
2025 17.06 Est @ 7.62% 12.19
2026 17.95 Est @ 5.22% 12.12
2027 18.58 Est @ 3.54% 11.87
2028 19.02 Est @ 2.36% 11.49
2029 19.31 Est @ 1.53% 11.03
Present value of next 10 years cash flows €109.00
DB:2GB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €19.31 × (1 + -0.39%) ÷ (5.76% – -0.39%)
€312.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €312.55 ÷ (1 + 5.76%)10
€178.45
DB:2GB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €109.00 + €178.45
€287.45
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €287.45 / 4.43
€64.89
DB:2GB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2GB represents 1.00279x of XTRA:2GB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00279x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 64.89 x 1.00279
€65.07
Value per share (EUR) From above. €65.07
Current discount Discount to share price of €36.00
= -1 x (€36.00 - €65.07) / €65.07
44.7%

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

Current Discount
Amount off the current price 2G Energy is available for.
Intrinsic value
45%
Share price is €36 vs Future cash flow value of €65.07
Current Discount Checks
For 2G Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 2G Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • 2G Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for 2G Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 2G Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2GB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €1.91
XTRA:2GB Share Price ** XTRA (2020-03-31) in EUR €35.9
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

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

** Primary Listing of 2G Energy.

DB:2GB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:2GB Share Price ÷ EPS (both in EUR)

= 35.9 ÷ 1.91

18.83x

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

  • 2G Energy is good value based on earnings compared to the DE Electrical industry average.
  • 2G Energy is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does 2G Energy's expected growth come at a high price?
Raw Data
DB:2GB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
18.7%per year
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

DB:2GB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.83x ÷ 18.7%

1.01x

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

  • 2G Energy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on 2G Energy's assets?
Raw Data
DB:2GB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €13.49
XTRA:2GB Share Price * XTRA (2020-03-31) in EUR €35.9
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:2GB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:2GB Share Price ÷ Book Value per Share (both in EUR)

= 35.9 ÷ 13.49

2.66x

* Primary Listing of 2G Energy.

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

  • 2G Energy is overvalued based on assets compared to the DE Electrical industry average.
X
Value checks
We assess 2G Energy'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 Electrical 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 Electrical industry average (and greater than 0)? (1 check)
  5. 2G Energy 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.

2GB Future Performance

 How is 2G Energy 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
18.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is 2G Energy expected to grow at an attractive rate?
  • 2G Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • 2G Energy's earnings growth is expected to exceed the Germany market average.
  • 2G Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2GB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2GB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 18.7%
DB:2GB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 6.8%
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:2GB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 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:2GB Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 323 21 3
2023-12-31 303 18 3
2022-12-31 283 16 3
2021-12-31 265 14 14 3
2020-12-31 248 15 12 3
2020-04-01
2019-12-31 233 -1 10 2
DB:2GB Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 222 -12 8
2019-03-31 216 -4 8
2018-12-31 210 5 8
2018-09-30 207 9 7
2018-06-30 204 13 6
2018-03-31 198 13 6
2017-12-31 193 13 5
2017-09-30 189 11 4
2017-06-30 186 9 4
2017-03-31 181 8 3
2016-12-31 177 6 2
2016-09-30 168 8 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 2G Energy's earnings are expected to grow by 18.7% yearly, however this is not considered high growth (20% yearly).
  • 2G Energy's revenue is expected to grow by 6.8% 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:2GB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from 2G Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2GB Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 3.13 3.16 3.09 2.00
2020-12-31 2.74 2.78 2.70 2.00
2020-04-01
2019-12-31 2.25 2.28 2.23 2.00
DB:2GB Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 1.91
2019-03-31 1.80
2018-12-31 1.70
2018-09-30 1.57
2018-06-30 1.44
2018-03-31 1.29
2017-12-31 1.13
2017-09-30 0.99
2017-06-30 0.85
2017-03-31 0.63
2016-12-31 0.41
2016-09-30 0.68

*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.
  • 2G Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess 2G Energy'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
2G Energy has a total score of 3/6, see the detailed checks below.

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

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

2GB Past Performance

  How has 2G Energy performed over the past 5 years?

  • 2G Energy's last earnings update was 188 days ago.
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 2G Energy's growth in the last year to its industry (Electrical).
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.
  • 2G Energy's year on year earnings growth rate has been positive over the past 5 years.
  • 2G Energy's 1-year earnings growth exceeds its 5-year average (32.1% vs 19.3%)
  • 2G Energy's earnings growth has exceeded the DE Electrical industry average in the past year (32.1% vs 17.2%).
Earnings and Revenue History
2G Energy'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 2G Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2GB Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 221.50 8.45 37.47
2019-03-31 215.91 7.98 36.39
2018-12-31 210.31 7.52 35.31
2018-09-30 207.21 6.96 34.46
2018-06-30 204.11 6.39 33.61
2018-03-31 198.45 5.70 33.14
2017-12-31 192.80 5.01 32.67
2017-09-30 189.21 4.39 31.94
2017-06-30 185.62 3.78 31.22
2017-03-31 181.09 2.79 30.58
2016-12-31 176.56 1.80 29.95
2016-09-30 167.97 3.02 29.96
2016-06-30 159.39 4.25 29.96
2016-03-31 157.01 3.51 29.64
2015-12-31 154.64 2.78 29.31
2015-09-30 174.32 3.41 28.30
2015-06-30 193.99 4.05 27.29
2015-03-31 190.34 5.27 26.37
2014-12-31 186.68 6.49 25.46
2014-09-30 161.60 3.59 24.51
2014-06-30 136.52 0.68 23.57
2014-03-31 131.38 0.79 22.52
2013-12-31 126.24 0.89 21.47
2013-09-30 132.18 4.42 20.47
2013-06-30 138.12 7.94 19.47

*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.
  • 2G Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • 2G Energy used its assets less efficiently than the DE Electrical industry average last year based on Return on Assets.
  • 2G Energy has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess 2G Energy'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 Electrical 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.
2G Energy has a total score of 4/6, 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.

2GB Health

 How is 2G Energy'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 2G Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 2G Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • 2G Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 2G Energy'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 6.6x 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 2G Energy Company Filings, last reported 9 months ago.

DB:2GB Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 59.69 15.78 8.51
2019-03-31 59.69 15.78 8.51
2018-12-31 61.56 7.29 13.63
2018-09-30 61.56 7.29 13.63
2018-06-30 56.40 8.43 22.64
2018-03-31 56.40 8.43 22.64
2017-12-31 55.71 6.36 16.12
2017-09-30 55.71 6.36 16.12
2017-06-30 51.91 6.44 17.40
2017-03-31 51.91 6.44 17.40
2016-12-31 52.92 6.28 10.20
2016-09-30 52.92 6.28 10.20
2016-06-30 49.79 5.75 14.84
2016-03-31 49.79 5.75 14.84
2015-12-31 52.65 5.91 10.15
2015-09-30 52.65 5.91 10.15
2015-06-30 47.45 6.22 10.83
2015-03-31 47.45 6.22 10.83
2014-12-31 52.07 6.14 11.89
2014-09-30 52.07 6.14 11.89
2014-06-30 45.78 6.57 10.40
2014-03-31 45.78 6.57 10.40
2013-12-31 47.15 7.23 10.48
2013-09-30 47.15 7.23 10.48
2013-06-30 46.15 8.54 7.44
  • 2G Energy's level of debt (26.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (14.3% vs 26.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 32.4x coverage).
X
Financial health checks
We assess 2G Energy'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. 2G Energy 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.

2GB Dividends

 What is 2G Energy'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
1.25%
Current annual income from 2G Energy dividends. Estimated to be 1.77% next year.
If you bought €2,000 of 2G Energy shares you are expected to receive €25 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?
  • 2G Energy's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • 2G Energy's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
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:2GB 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
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:2GB Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.67 3.00
2020-12-31 0.60 3.00
2020-04-01
2019-12-31 0.53 3.00
DB:2GB Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-06-25 0.450 1.139
2018-07-04 0.420 1.682
2017-05-30 0.400 1.961
2016-05-25 0.370 1.929
2015-05-28 0.370 1.897
2014-07-16 0.370 1.818
2013-05-31 0.370 1.205
2012-05-28 0.370 1.103

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

  • Whilst dividend payments have been stable, 2G Energy has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but 2G Energy only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of 2G Energy's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.9x coverage).
X
Income/ dividend checks
We assess 2G Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 2G Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 2G Energy 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.

2GB Management

 What is the CEO of 2G Energy'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
Christian Grotholt
AGE 51
TENURE AS CEO 12.8 years
CEO Bio

Mr. Christian Grotholt has been the Chief Executive Officer of 2G energy AG (2G Bio-Energietechnik AG) since June 2007 and has been its Chairman of Management Board since July 17, 2007 & served as its Interim Chief Financial Officer since July 31, 2017 until December 2017. Mr. Grotholt served as President at 2G energy AG. He founded 2G Energietechnik GmbH in November 1995 and has been a Director of 2G Bio-Energietechnik AG. since June 2007. He studied energy technology at the University of Applied Sciences in Dortmund from 1991 to 1995 and Graduated as a qualified engineer in 1995.

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

Average tenure and age of the 2G Energy management team in years:

12.8
Average Tenure
51
Average Age
  • The average tenure for the 2G Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Christian Grotholt

TITLE
Chairman of Management Board & CEO
AGE
51
TENURE
12.8 yrs

Friedrich Pehle

TITLE
CFO & Member of Management Board
AGE
48
TENURE
2.3 yrs

Ludger Holtkamp

TITLE
COO & Member of Management Board
AGE
56
TENURE
12.8 yrs
Board of Directors Tenure

Average tenure and age of the 2G Energy board of directors in years:

12.8
Average Tenure
75
Average Age
  • The average tenure for the 2G Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Lukas Lenz

TITLE
Chairman of Supervisory Board
AGE
56
TENURE
12.8 yrs

Heinrich Bertling

TITLE
Deputy Chairman of Supervisory Board
AGE
75
TENURE
7.7 yrs

Wiebe Hofstra

TITLE
Member of Supervisory Board
AGE
75
TENURE
12.8 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 2G Energy'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. 2G Energy 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.

2GB News

Simply Wall St News

Is It Too Late To Buy 2G Energy AG (FRA:2GB) At Its March Price?

2G Energy AG (FRA:2GB) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of €29.4 is based on unrealistic expectations. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … One reason why investors are attracted to 2GB is the high growth potential in the near future

Simply Wall St -

How Do 2G Energy AG’s (FRA:2GB) Returns Compare To Its Industry?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Did 2G Energy AG (FRA:2GB) Use Debt To Deliver Its ROE Of 11%?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows 2G Energy has a return on equity of 11% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Who Are The Major Shareholders In 2G Energy AG (FRA:2GB)?

In this article, I'm going to take a look at 2G Energy AG’s (FRA:2GB) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity.

Simply Wall St -

Should You Be Tempted To Sell 2G Energy AG (FRA:2GB) At Its Current PE Ratio?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … I will explain what the P/E ratio is as well as what you should look out for when using it

Simply Wall St -

What Is Driving 2G Energy AG's (FRA:2GB) Margins In The Next Few Years?

As analysts expect … earnings growth of 22.00% annualised … over the couple of years ahead,

Simply Wall St -

Is Buying 2G Energy AG (FRA:2GB) For Its Upcoming €0.42 Dividend A Good Choice?

To qualify for the dividend check of €0.42 per share, investors must have owned the shares prior to 05 July 2018, which is the last day the company's management will finalize their list of shareholders to which they will send dividend payments. … Below, I'm going to look at the latest data and analyze the stock and its dividend property in further detail. … Whenever I am looking at a potential dividend stock investment, I always check these five metrics:

Simply Wall St -

Is 2G Energy AG (FRA:2GB) An Attractive Dividend Stock?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … 2G Energy AG (FRA:2GB) has returned to shareholders over the past 6 years, an average dividend yield of 2.00% annually. … Let's dig deeper into whether 2G Energy should have a place in your portfolio.

Simply Wall St -

Where 2G Energy AG (FRA:2GB) Stands In Terms Of Earnings Growth Against Its Industry

Understanding how 2G Energy AG (FRA:2GB) is performing as a company requires looking at more than just a years' earnings. … Today I will run you through a basic sense check to gain perspective on how 2G Energy is doing by comparing its latest earnings with its long-term trend as well as the performance of its electrical industry peers. … How 2GB fared against its long-term earnings performance and its industry

Simply Wall St -

2G energy AG (DB:2GB): Can It Deliver A Superior ROE To The Industry?

and want a simplistic look at the return on 2G energy AG (DB:2GB) stock. … With an ROE of 8.84%, 2G energy AG (DB:2GB) returned in-line to its own industry which delivered 10.02% over the past year. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of 2GB's returns.

Simply Wall St -

2GB Company Info

Description

2G Energy AG, together with its subsidiaries, develops, manufactures, and installs combined heat and power (CHP) systems, and other systems for the recovery of electrical energy in Germany and internationally. It offers decentralized power and heat through gas motors driven by natural gas, biomethane, biogas, sewage gas, landfill gas, or hydrogen with an electrical output of 20 to 2,000 kW. The company’s products include g-box, a natural gas CHP plant with the electrical output of 20 kW to 50 kW; patruus, a biogas and natural gas CHP plant with the output range from 50 kW to 263 kW; aura, a CHP plant with the output range from 100 kW to 150 kW; agenitor, a CHP plant with a capacity of 75 kW to 450 kW; and avus, a CHP plant with the electrical output range of 527 kW to 2,000 kW. It also engages in the rental and leasing of CHP. 2G Energy AG serves companies in the housing industry; commercial and industrial companies; and agriculture, public energy utilities, and municipal and local government authorities, as well as farmers. The company was formerly known as 2G Bio-Energietechnik AG and changed its name to 2G Energy AG in 2011. 2G Energy AG was founded in 1995 and is headquartered in Heek, Germany.

Details
Name: 2G Energy AG
2GB
Exchange: DB
Founded: 1995
€159,037,000
4,430,000
Website: http://www.2-g.com
Address: 2G Energy AG
Benzstrasse 3,
Heek,
North Rhine-Westphalia, 48619,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA 2GB Common Stock XETRA Trading Platform DE EUR 31. Jul 2007
DB 2GB Common Stock Deutsche Boerse AG DE EUR 31. Jul 2007
BRSE 2GB Common Stock Berne Stock Exchange CH CHF 31. Jul 2007
BATS-CHIXE 2GBD Common Stock BATS 'Chi-X Europe' GB EUR 31. Jul 2007
Number of employees
Current staff
Staff numbers
624
2G Energy employees.
Industry
Heavy Electrical Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 01:07
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/03
Last earnings filing: 2019/09/26
Last earnings reported: 2019/06/30
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.