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.

Renewi

DB:1K5
Snowflake Description

Moderate growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1K5
DB
£188M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Renewi plc provides waste-to-product services in the United Kingdom, the Netherlands, Belgium, France, Germany, Hungary, Portugal, Canada, and Luxembourg. The last earnings update was 145 days ago. More info.


Add to Portfolio Compare Print
  • Renewi has significant price volatility in the past 3 months.
1K5 Share Price and Events
7 Day Returns
2.9%
DB:1K5
5.4%
DE Commercial Services
9.9%
DE Market
1 Year Returns
-10.7%
DB:1K5
-31.6%
DE Commercial Services
-17.5%
DE Market
1K5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Renewi (1K5) 2.9% -46.5% -44.3% -10.7% - -
DE Commercial Services 5.4% -21.4% -33.5% -31.6% -33.3% -43.3%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 1K5 outperformed the Commercial Services industry which returned -31.6% over the past year.
  • 1K5 outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
1K5
Industry
5yr Volatility vs Market

Value

 Is Renewi 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 Renewi 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 Renewi.

DB:1K5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in EUR € 0.0204165
Payout Ratio Company Filings (2019-09-30) -4358.7%
Discount Rate (Cost of Equity) See below 11.8%
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:1K5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.61
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.607 (1 + (1- 19%) (415.15%))
2.104
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.07%)
11.75%

Discounted Cash Flow Calculation for DB:1K5 using Dividend Discount Model Model

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

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

See our documentation to learn about this calculation.

DB:1K5 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €0.02 / (11.75% - -0.39%)
€0.05
DB:1K5 Discount to Share Price
Calculation Result
Exchange Rate EUR/GBP
(Reporting currency to currency of LSE:RWI)
0.889
Value per Share
(GBP)
= Value per Share in EUR x Exchange Rate (EUR/GBP)
= €0.06 x 0.889
£0.05
Non-primary Listing Adjustment Factor 1 share in DB:1K5 represents 0.99786x of LSE:RWI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99786x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.05 x 0.99786
€0.05
Value per share (EUR) From above. €0.05
Current discount Discount to share price of €0.23
= -1 x (€0.23 - €0.05) / €0.05
-332%

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

  • The current share price of Renewi is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Renewi's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Renewi's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1K5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €-0.14
LSE:RWI Share Price ** LSE (2020-03-31) in GBP £0.23
LSE:RWI Share Price converted to EUR reporting currency Exchange rate (GBP/ EUR) 1.124 €0.26
Germany Commercial Services Industry PE Ratio Median Figure of 6 Publicly-Listed Commercial Services Companies 95.54x
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 Renewi.

DB:1K5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:RWI Share Price ÷ EPS (both in EUR)

= 0.26 ÷ -0.14

-1.91x

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

  • Renewi is loss making, we can't compare its value to the DE Commercial Services industry average.
  • Renewi is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Renewi's expected growth come at a high price?
Raw Data
DB:1K5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
97.3%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 50 Publicly-Listed Commercial Services Companies 1.06x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*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 Renewi, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Renewi's assets?
Raw Data
DB:1K5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €0.35
LSE:RWI Share Price * LSE (2020-03-31) in GBP £0.23
LSE:RWI Share Price converted to EUR reporting currency Exchange rate (GBP/ EUR) 1.124 €0.26
Germany Commercial Services Industry PB Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 2.48x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:1K5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:RWI Share Price ÷ Book Value per Share (both in EUR)

= 0.26 ÷ 0.35

0.75x

* Primary Listing of Renewi.

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

  • Renewi is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Renewi'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Renewi has a total score of 1/6, 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 Renewi expected to perform in the next 1 to 3 years based on estimates from 2 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
97.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Renewi expected to grow at an attractive rate?
  • Renewi's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Renewi's earnings growth is expected to exceed the Germany market average.
  • Renewi's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1K5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1K5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 97.3%
DB:1K5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 0.5%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 22%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 2.9%
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:1K5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1K5 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 1,767 37 2
2021-03-31 1,727 31 2
2020-03-31
2020-03-31 1,690 -96 2
DB:1K5 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 1,806 88 -110
2019-06-30 1,793 81 -91
2019-03-31 1,781 74 -72
2018-09-30 1,761 129 -51
2018-06-30 1,760 132 -51
2018-03-31 1,760 136 -52
2017-09-30 1,379 94 -47
2017-06-30 1,134 60 -58
2017-03-31 913 26 -71

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Renewi's earnings are expected to grow significantly at over 20% yearly.
  • Renewi's revenue is expected to grow by 0.5% 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:1K5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Renewi Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1K5 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 0.05 0.05 0.05 1.00
2021-03-31 0.04 0.04 0.04 1.00
2020-03-31
2020-03-31 -0.12 -0.12 -0.12 1.00
DB:1K5 Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 -0.14
2019-06-30 -0.11
2019-03-31 -0.09
2018-09-30 -0.06
2018-06-30 -0.06
2018-03-31 -0.06
2017-09-30 -0.07
2017-06-30 -0.09
2017-03-31 -0.13

*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 Renewi will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Renewi'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.
Renewi 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.

Past Performance

  How has Renewi 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 Renewi's growth in the last year to its industry (Commercial Services).
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.
  • Renewi does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Renewi's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Renewi's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Renewi'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 Renewi Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1K5 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,805.80 -109.70 204.60
2019-06-30 1,793.25 -90.70 205.75
2019-03-31 1,780.70 -71.70 206.90
2018-09-30 1,760.50 -50.70 224.10
2018-06-30 1,760.40 -51.20 231.65
2018-03-31 1,760.30 -51.70 239.20
2017-09-30 1,379.10 -47.00 182.55
2017-06-30 1,133.90 -58.11 140.66
2017-03-31 912.55 -70.97 101.42
2016-09-30 771.76 -9.62 82.83
2016-06-30 766.14 -7.36 79.91
2016-03-31 776.25 -5.06 78.41
2015-12-31 817.69 -7.88 82.22
2015-09-30 800.80 -10.30 80.13
2015-06-30 840.01 -18.28 83.86
2015-03-31 828.92 -25.31 82.56
2014-12-31 781.41 -23.05 77.96
2014-09-30 789.72 -22.49 78.92
2014-06-30 779.49 -9.87 75.77
2014-03-31 766.21 2.06 72.46
2013-12-31 759.53 -5.89 75.72
2013-09-30 752.91 -13.76 78.95
2013-06-30 727.22 -13.27 78.57

*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 Renewi has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Renewi has efficiently used its assets last year compared to the DE Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Renewi 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 Renewi'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 Commercial Services 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.
Renewi has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

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

Health

 How is Renewi'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 Renewi's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Renewi's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Renewi's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Renewi's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x 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 Renewi Company Filings, last reported 6 months ago.

DB:1K5 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 279.20 692.50 117.10
2019-06-30 279.20 692.50 117.10
2019-03-31 319.50 674.50 56.30
2018-09-30 448.00 691.80 111.10
2018-06-30 448.00 691.80 111.10
2018-03-31 436.30 629.30 73.00
2017-09-30 513.65 673.49 82.81
2017-06-30 515.44 675.83 83.10
2017-03-31 512.26 633.23 87.72
2016-09-30 191.84 410.56 36.84
2016-06-30 198.24 424.25 38.07
2016-03-31 231.18 389.77 43.88
2015-12-31 248.21 418.49 47.12
2015-09-30 242.57 596.33 80.68
2015-06-30 252.57 620.90 84.00
2015-03-31 261.51 590.09 84.08
2014-12-31 243.47 549.39 78.28
2014-09-30 295.89 586.37 115.55
2014-06-30 287.61 569.97 112.32
2014-03-31 330.85 482.06 126.05
2013-12-31 329.00 479.37 125.35
2013-09-30 348.46 483.52 100.48
2013-06-30 340.58 472.58 98.21
  • Renewi's level of debt (248%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (193.7% vs 248% 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.

  • Renewi has sufficient cash runway for more than 3 years based on current free cash flow.
  • Renewi has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 30.3% each year.
X
Financial health checks
We assess Renewi'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. Renewi has a total score of 2/6, 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 Renewi'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
5.88%
Current annual income from Renewi dividends. Estimated to be 7.74% next year.
If you bought €2,000 of Renewi shares you are expected to receive €118 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?
  • Renewi's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • Renewi's dividend is above 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:1K5 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 2 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.9%
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:1K5 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 0.02 2.00
2021-03-31 0.02 2.00
2020-03-31
2020-03-31 0.01 2.00
DB:1K5 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-05-30 0.015 4.713
2019-05-23 0.016 4.083
2018-05-24 0.034 7.546
2017-06-12 0.033 3.343
2017-05-25 0.034 3.341
2016-07-07 0.038 3.524
2016-05-19 0.045 4.259
2015-06-15 0.043 3.813
2015-05-22 0.047 3.123
2015-05-21 0.048 3.169
2014-06-16 0.043 3.381
2014-05-15 0.042 3.298
2013-05-16 0.039 3.487
2012-06-15 0.039 4.179
2012-05-17 0.042 4.232
2011-05-31 0.036 3.039
2011-05-26 0.038 2.650
2010-11-04 0.022 1.708
2010-06-14 0.045 3.804
2010-05-20 0.046 4.085
2009-11-05 0.022 1.854
2009-06-15 0.000 0.000

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Renewi's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Renewi'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 Renewi afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Renewi has a total score of 3/6, 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 Renewi'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
Otto de Bont
TENURE AS CEO 0.8 years
CEO Bio

Mr. Otto de Bont, MSC has been the Chief Executive Officer and Director at Renewi plc since April 1, 2019. Mr. de Bont was Managing Director of Netherlands Commercial Division at Renewi plc since May 2017 until April 2019. Prior to his appointment at Renewi, Mr. de Bont worked for a number of blue-chip companies including United Technologies and the Plastics and Security divisions of General Electric. Most recently, he spent six years at United Technologies in various managerial positions culminating in his role as President of the Fire & Security Field Continental Europe.

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

Average tenure of the Renewi management team in years:

3
Average Tenure
  • The tenure for the Renewi management team is about average.
Management Team

Toby Woolrych

TITLE
CFO & Director
COMPENSATION
€481K
AGE
53

Otto de Bont

TITLE
CEO & Director
TENURE
0.8 yrs

Baukje Dreimuller

TITLE
General Counsel
TENURE
2.4 yrs

Helen Richardson

TITLE
Director of Human Resources
TENURE
0.8 yrs

Jonny Kappen

TITLE
Managing Director of Dutch Hazardous Waste Business
AGE
60
TENURE
13.2 yrs

James Priestley

TITLE
Managing Director of Municipal
TENURE
3.3 yrs

Wim Geens

TITLE
Managing Director of Belgium Commercial
TENURE
7.7 yrs

Bas Blom

TITLE
MD of Monostreams & Group Continuous Improvement Director
TENURE
3 yrs

Philip Griffin-Smith

TITLE
Company Secretary
Board of Directors Tenure

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

2.1
Average Tenure
55.5
Average Age
  • The average tenure for the Renewi board of directors is less than 3 years, this suggests a new board.
Board of Directors

Colin Matthews

TITLE
Independent Chairman
COMPENSATION
€153K
AGE
63
TENURE
3.8 yrs

Toby Woolrych

TITLE
CFO & Director
COMPENSATION
€481K
AGE
53
TENURE
7.6 yrs

Otto de Bont

TITLE
CEO & Director
TENURE
0.8 yrs

Marina Wyatt

TITLE
Non-Executive Director
COMPENSATION
€58K
AGE
55
TENURE
6.8 yrs

Neil Hartley

TITLE
Independent Non-Executive Director
COMPENSATION
€10K
AGE
53
TENURE
1.2 yrs

Allard Castelein

TITLE
Senior Independent Director
COMPENSATION
€58K
AGE
61
TENURE
0.4 yrs

Luc Sterckx

TITLE
Non-Executive Director
COMPENSATION
€49K
TENURE
2.4 yrs

Jolande Sap

TITLE
Non-Executive Director
COMPENSATION
€49K
AGE
56
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Renewi individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Mar 20 Buy Luc Sterckx Individual 16. Mar 20 16. Mar 20 35,000 €0.30 €10,394
07. Feb 20 Buy Otto de Bont Individual 06. Feb 20 06. Feb 20 40,000 €0.44 €17,600
05. Feb 20 Buy Otto de Bont Individual 03. Feb 20 04. Feb 20 50,000 €0.52 €26,019
19. Dec 19 Buy Otto de Bont Individual 16. Dec 19 16. Dec 19 90,000 €0.32 €28,637
13. Dec 19 Buy Luc Sterckx Individual 12. Dec 19 12. Dec 19 100,000 €0.32 €31,872
26. Nov 19 Sell Toby Woolrych Individual 25. Nov 19 25. Nov 19 -99,804 €0.34 €-33,637
04. Jun 19 Sell Toby Woolrych Individual 04. Jun 19 04. Jun 19 -9,949 €0.38 €-3,826
02. Apr 19 Buy Colin Matthews Individual 02. Apr 19 02. Apr 19 50,000 €0.27 €13,540
X
Management checks
We assess Renewi'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. Renewi 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

Renewi plc provides waste-to-product services in the United Kingdom, the Netherlands, Belgium, France, Germany, Hungary, Portugal, Canada, and Luxembourg. The company operates through Commercial Waste, Hazardous Waste, Monostreams, and Municipal segments. It is involved in the collection and treatment of commercial waste; industrial cleaning and treatment of hazardous waste; and operation of waste management facilities under long-term municipal contracts. The company also produces materials from waste streams, such as glass bottles, discarded electrical and electronic equipment, food waste, source separated organics, minerals, and incinerators’ bottom ashes. In addition, it provides clean water and soil, and inert ash. Renewi plc serves factories, offices, hospitals, retail, shops, and restaurants; heavy industry, petrochemical sites, oil and gas production, and the food industry; and building and construction markets. The company was formerly known as Shanks Group plc and changed its name to Renewi plc in February 2017. Renewi plc was founded in 1880 and is headquartered in Milton Keynes, the United Kingdom.

Details
Name: Renewi plc
1K5
Exchange: DB
Founded: 1880
£210,982,301
800,141,536
Website: http://www.renewi.com/en
Address: Renewi plc
Dunedin House,
Auckland Park,
Milton Keynes,
Buckinghamshire, MK1 1BU,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE RWI Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
OTCPK SHMC.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB 1K5 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
ENXTAM RWI Ordinary Shares Euronext Amsterdam NL EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
7,036
Renewi employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 23:04
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.