Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Von Roll Holding

DB:ROH
Snowflake Description

Flawless balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ROH
DB
CHF301M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Von Roll Holding AG produces and supplies insulation materials, winding wires, resins, varnishes, and composite materials in Europe, the Middle East, Africa, Asia, and the Americas. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
ROH Share Price and Events
7 Day Returns
0%
DB:ROH
2.5%
DE Electrical
-0.6%
DE Market
1 Year Returns
-5%
DB:ROH
21.1%
DE Electrical
-5.5%
DE Market
ROH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Von Roll Holding (ROH) 0% 0% 0% -5% 69.6% -16.7%
DE Electrical 2.5% 8.9% 15.8% 21.1% -30.8% -6.5%
DE Market -0.6% 4.9% 0.9% -5.5% 7.9% 14.2%
1 Year Return vs Industry and Market
  • ROH underperformed the Electrical industry which returned 21.1% over the past year.
  • ROH matched the Germany Market (-5.5%) over the past year.
Price Volatility
ROH
Industry
5yr Volatility vs Market

ROH Value

 Is Von Roll Holding 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 Von Roll Holding 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 Von Roll Holding.

DB:ROH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7%
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:ROH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.17
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.171 (1 + (1- 18%) (2.91%))
1.133
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)
= 0.23% + (1.133 * 5.96%)
6.98%

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

The calculations below outline how an intrinsic value for Von Roll Holding 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:ROH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CHF, Millions) Source Present Value
Discounted (@ 6.98%)
2020 6.24 Est @ 90.96% 5.84
2021 10.22 Est @ 63.74% 8.93
2022 14.79 Est @ 44.69% 12.08
2023 19.43 Est @ 31.35% 14.83
2024 23.71 Est @ 22.01% 16.92
2025 27.37 Est @ 15.48% 18.26
2026 30.36 Est @ 10.9% 18.93
2027 32.70 Est @ 7.7% 19.06
2028 34.48 Est @ 5.46% 18.79
2029 35.82 Est @ 3.89% 18.24
Present value of next 10 years cash flows CHF151.00
DB:ROH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CHF35.82 × (1 + 0.23%) ÷ (6.98% – 0.23%)
CHF531.70
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CHF531.70 ÷ (1 + 6.98%)10
CHF270.78
DB:ROH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CHF151.00 + CHF270.78
CHF421.78
Equity Value per Share
(CHF)
= Total value / Shares Outstanding
= CHF421.78 / 349.38
CHF1.21
DB:ROH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:ROH represents 1.2239x of SWX:ROL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.2239x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 1.21 x 1.2239
€1.48
Value per share (EUR) From above. €1.48
Current discount Discount to share price of €1.06
= -1 x (€1.06 - €1.48) / €1.48
28.6%

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

Current Discount
Amount off the current price Von Roll Holding is available for.
Intrinsic value
29%
Share price is €1.06 vs Future cash flow value of €1.48
Current Discount Checks
For Von Roll Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Von Roll Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Von Roll Holding'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 Von Roll Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Von Roll Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:ROH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CHF CHF-0.04
SWX:ROL Share Price ** SWX (2019-06-28) in CHF CHF0.86
Germany Electrical Industry PE Ratio Median Figure of 11 Publicly-Listed Electrical Companies 58.93x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.29x

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

** Primary Listing of Von Roll Holding.

DB:ROH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:ROL Share Price ÷ EPS (both in CHF)

= 0.86 ÷ -0.04

-23.8x

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

  • Von Roll Holding is loss making, we can't compare its value to the DE Electrical industry average.
  • Von Roll Holding is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Von Roll Holding's expected growth come at a high price?
Raw Data
DB:ROH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -23.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 8 Publicly-Listed Electrical Companies 1.95x
Germany Market PEG Ratio Median Figure of 266 Publicly-Listed Companies 1.42x

*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 Von Roll Holding, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Von Roll Holding's assets?
Raw Data
DB:ROH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CHF CHF0.67
SWX:ROL Share Price * SWX (2019-06-28) in CHF CHF0.86
Germany Electrical Industry PB Ratio Median Figure of 16 Publicly-Listed Electrical Companies 2.14x
Germany Market PB Ratio Median Figure of 596 Publicly-Listed Companies 1.72x
DB:ROH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:ROL Share Price ÷ Book Value per Share (both in CHF)

= 0.86 ÷ 0.67

1.28x

* Primary Listing of Von Roll Holding.

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

  • Von Roll Holding is good value based on assets compared to the DE Electrical industry average.
X
Value checks
We assess Von Roll Holding'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. Von Roll Holding 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.

ROH Future Performance

 How is Von Roll Holding expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Von Roll Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
75%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Von Roll Holding expected to grow at an attractive rate?
  • Unable to compare Von Roll Holding's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Von Roll Holding's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Von Roll Holding's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:ROH Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 75%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 14.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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:ROH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:ROH Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2019-06-30 306 14 -10
2019-03-31 314 18 -10
2018-12-31 321 21 -9
2018-09-30 325 17 -5
2018-06-30 328 12 -1
2018-03-31 330 8 -1
2017-12-31 332 4 -2
2017-06-30 319 2 -16
2017-03-31 319 -4 -22
2016-12-31 319 -10 -28
2016-09-30 334 -30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Von Roll Holding is high growth as no earnings estimate data is available.
  • Unable to determine if Von Roll Holding is high growth as no revenue estimate data is available.
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:ROH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

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

DB:ROH Past Financials Data
Date (Data in CHF Millions) EPS *
2019-06-30 -0.04
2019-03-31 -0.04
2018-12-31 -0.05
2018-09-30 -0.03
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.01
2017-06-30 -0.08
2017-03-31 -0.12
2016-12-31 -0.15
2016-09-30 -0.17

*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.
  • Unable to establish if Von Roll Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Von Roll Holding's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Von Roll Holding's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Von Roll Holding's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Von Roll Holding'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.
Von Roll Holding has a total score of 0/6, 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.

ROH Past Performance

  How has Von Roll Holding 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 Von Roll Holding'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.
  • Von Roll Holding does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Von Roll Holding's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Von Roll Holding's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Von Roll Holding'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 Von Roll Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ROH Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 306.37 -10.01 41.35 7.16
2019-03-31 313.88 -9.62 43.24 7.23
2018-12-31 321.39 -9.24 45.12 7.30
2018-09-30 324.82 -5.02 47.21 6.73
2018-06-30 328.26 -0.80 49.33 6.16
2018-03-31 330.31 -1.21 50.60 6.02
2017-12-31 332.36 -1.62 51.87 5.89
2017-06-30 318.96 -15.69 56.47 5.90
2017-03-31 319.08 -21.67 58.88 6.39
2016-12-31 319.19 -27.64 61.28 6.89
2016-09-30 333.96 -30.02 59.69 7.78
2016-06-30 339.81 -29.85 59.79 8.68
2016-03-31 347.31 -32.27 61.08 8.53
2015-12-31 354.81 -34.70 62.36 8.37
2015-09-30 373.31 -41.85 67.58 8.33
2015-06-30 391.82 -49.01 72.79 8.29
2015-03-31 405.33 -42.80 73.12 8.35
2014-12-31 418.84 -36.59 73.46 8.41
2014-06-30 387.99 -14.58 72.50 8.99
2014-03-31 402.90 -14.76 72.93 8.58
2013-12-31 417.81 -14.95 73.36 8.17
2013-09-30 473.67 -53.88 80.63 7.83
2013-06-30 474.88 -71.45 84.16 7.48
2013-03-31 485.97 -69.27 85.49 8.13
2012-12-31 497.06 -67.10 86.82 8.78
2012-09-30 513.67 -34.59 82.89 10.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Von Roll Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Von Roll Holding has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Von Roll Holding 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 Von Roll Holding'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.
Von Roll Holding 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.

ROH Health

 How is Von Roll Holding'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 Von Roll Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Von Roll Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Von Roll Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Von Roll Holding'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 20.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Von Roll Holding Company Filings, last reported 2 months ago.

DB:ROH Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 234.13 8.77 69.37
2019-03-31 234.13 8.77 69.37
2018-12-31 232.98 6.91 71.71
2018-09-30 232.98 6.91 71.71
2018-06-30 107.94 154.79 43.57
2018-03-31 107.94 154.79 43.57
2017-12-31 107.15 153.78 46.95
2017-06-30 101.10 159.36 36.54
2017-03-31 101.10 159.36 36.54
2016-12-31 96.99 150.01 29.32
2016-09-30 98.89 150.01 29.32
2016-06-30 72.80 182.78 173.94
2016-03-31 72.80 182.78 173.94
2015-12-31 72.00 206.38 70.95
2015-09-30 72.00 206.38 70.95
2015-06-30 97.88 203.22 51.55
2015-03-31 97.88 203.22 51.55
2014-12-31 124.68 203.95 118.95
2014-06-30 203.38 202.38 98.57
2014-03-31 203.38 202.38 98.57
2013-12-31 200.83 151.73 61.49
2013-09-30 200.83 151.73 61.49
2013-06-30 229.11 156.58 68.91
2013-03-31 229.11 156.58 68.91
2012-12-31 228.32 150.36 94.88
2012-09-30 221.77 150.36 94.88
  • Von Roll Holding's level of debt (3.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (99.7% vs 3.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Von Roll Holding has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Von Roll Holding has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -123% per year.
X
Financial health checks
We assess Von Roll Holding'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. Von Roll Holding has a total score of 6/6, 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.

ROH Dividends

 What is Von Roll Holding'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 Von Roll Holding dividends.
If you bought €2,000 of Von Roll Holding shares you are expected to receive €0 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 Von Roll Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Von Roll Holding'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
DB:ROH 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 0 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
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:ROH Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2011-08-29 0.000 0.000
2011-03-01 0.000 0.000
2010-01-04 0.100 1.779
2009-01-05 0.200 2.986

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

  • Unable to perform a dividend volatility check as Von Roll Holding has not reported any payouts.
  • Unable to verify if Von Roll Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Von Roll Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Von Roll Holding has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Von Roll Holding'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 Von Roll Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Von Roll Holding has a total score of 0/6, see the detailed checks below.


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

ROH Management

 What is the CEO of Von Roll Holding'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 Hennerkes
COMPENSATION CHF794,000
AGE 48
TENURE AS CEO 2.9 years
CEO Bio

Dr. Christian Hennerkes is a Co-Founder of Travel IQ GmbH. Dr. Hennerkes has been the Chief Executive Officer of Von Roll Holding AG since October 1, 2016 and its Executive Director since April 2016. Dr. Hennerkes served as Managing Director and Executive Director at Menerga GmbH. He worked as a consultant at a leading global consultancy firm. He then worked in various companies in the consumer and industrial goods sector as a Director and Partner. He studied law and went on to gain a doctorate in economics.

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

Average tenure of the Von Roll Holding management team in years:

1.9
Average Tenure
  • The average tenure for the Von Roll Holding management team is less than 2 years, this suggests a new team.
Management Team

Christian Hennerkes

TITLE
CEO & Executive Director
COMPENSATION
CHF794K
AGE
48
TENURE
2.9 yrs

Artur Lust

TITLE
Chief Financial Officer
COMPENSATION
CHF525K
AGE
37
TENURE
1.9 yrs

Jens Lange

TITLE
Managing Director
TENURE
0.8 yrs

Walter Sibold

TITLE
Group Divisional Manager and Secretary
Board of Directors Tenure

Average tenure and age of the Von Roll Holding board of directors in years:

9.7
Average Tenure
71
Average Age
  • The tenure for the Von Roll Holding board of directors is about average.
Board of Directors

Peter Kalantzis

TITLE
Chairman of the Board
COMPENSATION
CHF308K
AGE
74
TENURE
8.8 yrs

Christian Hennerkes

TITLE
CEO & Executive Director
COMPENSATION
CHF794K
AGE
48
TENURE
3.4 yrs

Guido Egli

TITLE
Vice Chairman of the Board
COMPENSATION
CHF151K
AGE
68

Betriebswirt Peskes

TITLE
Non-Executive Director
COMPENSATION
CHF94K
AGE
75
TENURE
19.7 yrs

Gerd Amtstätter

TITLE
Non-Executive Director
COMPENSATION
CHF94K
AGE
76
TENURE
12.1 yrs

August von Finck

TITLE
Non-Executive Director
COMPENSATION
CHF100K
AGE
51
TENURE
9.7 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 (€) Value (€)
X
Management checks
We assess Von Roll Holding'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. Von Roll Holding 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.

ROH News

Simply Wall St News

ROH Company Info

Description

Von Roll Holding AG produces and supplies insulation materials, winding wires, resins, varnishes, and composite materials in Europe, the Middle East, Africa, Asia, and the Americas. It operates in two segments, Von Roll Insulation and Von Roll Composites. The Von Roll Insulation segment offers electrical insulation products, systems, and services for generators, high- and low-voltage motors, transformers, and other applications. The Von Roll Composites segment produces composite materials and machined parts for a range of industrial equipment. The company’s products include mica products for electrical insulation, such as vacuum pressure impregnation tapes, resin-rich tapes, conductor insulation tapes, and mica mastics; mica products for thermal insulation, which consists of mica tapes for fire-resistant cables, mica tubes, collector rings and gaskets, pressed sheets, and die cut parts; conductive and semi-conductive tapes and varnishes, as well as conductive mastics and sheets; impregnating, potting, and coating resins; wires; and prepregs, high and low pressure laminates, tubes, and long parts and U&L profiles. Its products also include adhesive and banding tapes, and flexible laminates; machined parts consisting of slides and vanes, threaded rods and screws, slot insulation parts, vacuum molded parts, and stamped parts; and auxiliary materials, such as consolidating, protection, and shrinking tapes, as well as separating foils, and glass cords and sleeves. In addition, the company provides testing and insulation training services. It serves energy generation, energy transmission, and industrial applications, as well as electric drive and transport industries. Von Roll Holding AG was founded in 1903 and is headquartered in Breitenbach, Switzerland.

Details
Name: Von Roll Holding AG
ROH
Exchange: DB
Founded: 1903
CHF277,706,741
349,375,001
Website: http://www.vonroll.com
Address: Von Roll Holding AG
Passwangstrasse 20,
Breitenbach,
Solothurn, 4226,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX ROL Bearer Shares SIX Swiss Exchange CH CHF 05. Jan 1995
DB ROH Bearer Shares Deutsche Boerse AG DE EUR 05. Jan 1995
LSE 0QPV Bearer Shares London Stock Exchange GB CHF 05. Jan 1995
Number of employees
Current staff
Staff numbers
1,252
Von Roll Holding employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/25 20:47
End of day share price update: 2019/06/28 00:00
Last earnings filing: 2019/08/21
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.