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Delignit

DB:DLX
Snowflake Description

Good value with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DLX
DB
€36M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Delignit AG develops, manufactures, and sells ecological materials and system solutions based on renewable natural resources in Germany. The last earnings update was 44 days ago. More info.


Add to Portfolio Compare Print
  • Delignit has significant price volatility in the past 3 months.
DLX Share Price and Events
7 Day Returns
-5.2%
DB:DLX
6.5%
Europe Forestry
2.8%
DE Market
1 Year Returns
-37.5%
DB:DLX
-11.9%
Europe Forestry
3%
DE Market
DLX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Delignit (DLX) -5.2% -17.3% -36.3% -37.5% -7.7% 13.1%
Europe Forestry 6.5% 1.9% 8.8% -11.9% 1% 49.9%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • DLX underperformed the Forestry industry which returned -11.9% over the past year.
  • DLX underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
DLX
Industry
5yr Volatility vs Market
Related Companies

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

DLX Value

 Is Delignit 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 Delignit 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 Delignit.

DB:DLX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.8%
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:DLX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Forestry Unlevered Beta Simply Wall St/ S&P Global 1.37
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.367 (1 + (1- 30%) (30.58%))
1.442
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.44
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.442 * 5.96%)
8.82%

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

The calculations below outline how an intrinsic value for Delignit 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:DLX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.82%)
2020 0.55 Analyst x2 0.51
2021 1.55 Analyst x2 1.31
2022 2.50 Est @ 61.44% 1.94
2023 3.58 Est @ 43.08% 2.55
2024 4.66 Est @ 30.22% 3.05
2025 5.65 Est @ 21.22% 3.40
2026 6.50 Est @ 14.92% 3.59
2027 7.18 Est @ 10.52% 3.65
2028 7.71 Est @ 7.43% 3.60
2029 8.12 Est @ 5.27% 3.48
Present value of next 10 years cash flows €27.00
DB:DLX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €8.12 × (1 + 0.23%) ÷ (8.82% – 0.23%)
€94.65
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €94.65 ÷ (1 + 8.82%)10
€40.63
DB:DLX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €27.00 + €40.63
€67.63
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €67.63 / 8.19
€8.25
DB:DLX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DLX represents 0.97011x of XTRA:DLX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97011x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 8.25 x 0.97011
€8.01
Value per share (EUR) From above. €8.01
Current discount Discount to share price of €4.22
= -1 x (€4.22 - €8.01) / €8.01
47.3%

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

Current Discount
Amount off the current price Delignit is available for.
Intrinsic value
47%
Share price is €4.22 vs Future cash flow value of €8.01
Current Discount Checks
For Delignit to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Delignit's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Delignit'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 Delignit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Delignit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DLX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.25
XTRA:DLX Share Price ** XTRA (2019-10-11) in EUR €4.35
Europe Forestry Industry PE Ratio Median Figure of 31 Publicly-Listed Forestry Companies 10.37x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of Delignit.

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

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

= 4.35 ÷ 0.25

17.75x

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

  • Delignit is overvalued based on earnings compared to the Europe Forestry industry average.
  • Delignit is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Delignit's expected growth come at a high price?
Raw Data
DB:DLX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
22.1%per year
Europe Forestry Industry PEG Ratio Median Figure of 19 Publicly-Listed Forestry Companies 0.3x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.75x ÷ 22.1%

0.8x

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

  • Delignit is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Delignit's assets?
Raw Data
DB:DLX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €2.32
XTRA:DLX Share Price * XTRA (2019-10-11) in EUR €4.35
Europe Forestry Industry PB Ratio Median Figure of 39 Publicly-Listed Forestry Companies 1.17x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:DLX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 4.35 ÷ 2.32

1.87x

* Primary Listing of Delignit.

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

  • Delignit is overvalued based on assets compared to the Europe Forestry industry average.
X
Value checks
We assess Delignit'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 Forestry 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 Forestry industry average (and greater than 0)? (1 check)
  5. Delignit has a total score of 4/6, 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.

DLX Future Performance

 How is Delignit 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
22.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Delignit expected to grow at an attractive rate?
  • Delignit's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Delignit's earnings growth is expected to exceed the Germany market average.
  • Delignit's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DLX Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DLX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 22.1%
DB:DLX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 9.7%
Europe Forestry Industry Earnings Growth Rate Market Cap Weighted Average 3.2%
Europe Forestry Industry Revenue Growth Rate Market Cap Weighted Average 1.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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:DLX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:DLX Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 79 4 2 2
2020-12-31 71 3 2 2
2019-12-31 64 2 1 2
2019-10-13
DB:DLX Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 63 2
2019-03-31 62 2
2018-12-31 60 0 3
2018-09-30 58 2
2018-06-30 55 2
2018-03-31 54 2
2017-12-31 53 3 2
2017-09-30 52 2
2017-06-30 51 2
2017-03-31 50 2
2016-12-31 49 2 1
2016-09-30 47 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Delignit's earnings are expected to grow significantly at over 20% yearly.
  • Delignit's revenue is expected to grow by 9.7% 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:DLX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

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

DB:DLX Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.30 0.34 0.26 2.00
2020-12-31 0.20 0.21 0.19 2.00
2019-12-31 0.15 0.16 0.13 2.00
2019-10-13
DB:DLX Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.25
2019-03-31 0.28
2018-12-31 0.31
2018-09-30 0.29
2018-06-30 0.27
2018-03-31 0.25
2017-12-31 0.24
2017-09-30 0.23
2017-06-30 0.22
2017-03-31 0.20
2016-12-31 0.18
2016-09-30 0.16

*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.
  • Delignit is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Delignit's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Delignit has a total score of 4/6, see the detailed checks below.

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

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

DLX Past Performance

  How has Delignit 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 Delignit's growth in the last year to its industry (Forestry).
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.
  • Delignit's year on year earnings growth rate has been positive over the past 5 years.
  • Delignit's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Delignit's 1-year earnings growth is negative, it can't be compared to the Europe Forestry industry average.
Earnings and Revenue History
Delignit'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 Delignit Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DLX 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 63.20 2.01 16.60
2019-03-31 61.74 2.29 16.68
2018-12-31 60.27 2.57 16.76
2018-09-30 57.61 2.41 16.35
2018-06-30 54.95 2.25 15.95
2018-03-31 53.81 2.09 15.45
2017-12-31 52.68 1.93 14.94
2017-09-30 51.96 1.87 14.90
2017-06-30 51.24 1.81 14.86
2017-03-31 49.90 1.63 14.39
2016-12-31 48.57 1.45 13.91
2016-09-30 47.40 1.31 13.66
2016-06-30 46.23 1.17 13.41
2016-03-31 45.49 1.14 13.20
2015-12-31 44.76 1.11 13.00
2015-09-30 43.85 1.00 12.71
2015-06-30 42.94 0.89 12.42
2015-03-31 42.83 0.96 12.13
2014-12-31 42.72 1.03 11.84
2014-09-30 41.67 1.46 11.31
2014-06-30 40.63 1.88 10.78
2014-03-31 37.96 1.81 10.38
2013-12-31 35.30 1.73 9.97
2013-09-30 34.54 1.47 9.91
2013-06-30 33.78 1.21 9.84
2013-03-31 33.96 1.23 9.83
2012-12-31 34.14 1.25 9.82

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

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

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

DLX Health

 How is Delignit'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 Delignit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Delignit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Delignit's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Delignit'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 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Delignit Company Filings, last reported 3 months ago.

DB:DLX Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 19.05 10.90 0.37
2019-03-31 19.05 10.90 0.37
2018-12-31 18.65 8.12 0.30
2018-09-30 18.65 8.12 0.30
2018-06-30 17.48 4.78 0.42
2018-03-31 17.48 4.78 0.42
2017-12-31 16.51 4.98 0.94
2017-09-30 16.51 4.98 0.94
2017-06-30 15.59 6.24 0.43
2017-03-31 15.59 6.24 0.43
2016-12-31 14.78 6.00 1.54
2016-09-30 14.78 6.00 1.54
2016-06-30 14.37 8.90 1.45
2016-03-31 14.37 8.90 1.45
2015-12-31 13.68 6.70 4.30
2015-09-30 13.68 6.70 4.30
2015-06-30 13.31 0.00 0.71
2015-03-31 13.31 0.00 0.71
2014-12-31 12.67 4.98 2.63
2014-09-30 12.67 4.98 2.63
2014-06-30 12.73 0.00 1.10
2014-03-31 12.73 0.00 1.10
2013-12-31 11.95 3.99 2.10
2013-09-30 11.95 3.99 2.10
2013-06-30 11.14 0.00 1.68
2013-03-31 11.14 0.00 1.68
2012-12-31 10.51 3.20 2.49
  • Delignit's level of debt (55.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.4% vs 55.6% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 13.9x coverage).
X
Financial health checks
We assess Delignit'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. Delignit has a total score of 3/6, 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.

DLX Dividends

 What is Delignit'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
1.15%
Current annual income from Delignit dividends. Estimated to be 0.8% next year.
If you bought €2,000 of Delignit shares you are expected to receive €23 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?
  • Delignit's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Delignit's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DLX 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
Europe Forestry Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 4.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:DLX Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.05 2.00
2020-12-31 0.04 2.00
2019-12-31 0.02 2.00
2019-10-13
DB:DLX Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-23 0.050 0.805
2018-04-09 0.050 0.638
2017-05-24 0.030 0.449
2016-05-20 0.030 0.672
2015-05-11 0.030 0.893
2014-05-09 0.030 0.778
2010-04-30 0.000 0.000
2009-05-27 0.000 0.000

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

  • Whilst dividend payments have been stable, Delignit has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Delignit only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Delignit's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (6.5x coverage).
X
Income/ dividend checks
We assess Delignit's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Delignit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Delignit 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.

DLX Management

 What is the CEO of Delignit'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
Markus Scher
AGE 47
CEO Bio

Mr. Markus Büscher Scher serves as the President of the Management Board, Chief Executive Officer and Head of the Strategic Development, Controlling, Legal, Purchasing, IT, Production, Research & Development and Investor Relations Areas at Delignit AG. Mr. Büscher is responsible for the areas of strategy, finances, investor relations and law at Delignit. He has been with corporate group since 2007. Mr. Büscher graduated in business sciences.

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

Markus Scher

TITLE
President of the Mgmt Board
AGE
47

Thorsten Duray

TITLE
Chief Sales Officer
AGE
51
Board of Directors

Christof Nesemeier

TITLE
Chairman of the Supervisory Board
COMPENSATION
€20K
AGE
54

Gert-Maria Freimuth

TITLE
Vice-Chairman of the Supervisory Board
COMPENSATION
€15K
AGE
54

Anton Breitkopf

TITLE
Member of the Supervisory Board
COMPENSATION
€10K
AGE
57
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 Delignit'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. Delignit 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.

DLX News

Simply Wall St News

Update: Delignit (FRA:DLX) Stock Gained 79% In The Last Three Years

It hasn't been the best quarter for Delignit AG (FRA:DLX) shareholders, since the share price has fallen 10% in that time. … In the last three years the share price is up, 79%: better than the market. … We note that for Delignit the TSR over the last 3 years was 82%, which is better than the share price return mentioned above.

Simply Wall St -

What Should We Expect From Delignit AG's (FRA:DLX) Earnings Over The Next Few Years?

Below is my commentary, albeit very simple and high-level, on how market analysts view Delignit's earnings growth outlook over the next few years and whether the future looks even brighter than the past. … Check out our latest analysis for Delignit Analysts' expectations for the upcoming year seems optimistic, with earnings expanding by a robust 15%. … DB:DLX Past and Future Earnings, July 17th 2019 While it’s useful to understand the rate of growth year by year relative to today’s value, it may be more valuable to estimate the rate at which the company is rising or falling on average every year.

Simply Wall St -

Delignit (FRA:DLX) Has A Pretty Healthy Balance Sheet

We note that Delignit AG (FRA:DLX) does have debt on its balance sheet. … DB:DLX Historical Debt, July 1st 2019 A Look At Delignit's Liabilities The latest balance sheet data shows that Delignit had liabilities of €13.9m due within a year, and liabilities of €5.82m falling due after that. … Since Delignit does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time.

Simply Wall St -

Should We Worry About Delignit AG's (FRA:DLX) P/E Ratio?

The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Delignit: P/E of 22.62 = €7.1 ÷ €0.31 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good? … All else being equal, it's better to pay a low price -- but as Warren Buffett said, 'It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.' How Growth Rates Impact P/E Ratios Earnings growth rates have a big influence on P/E ratios. … DB:DLX Price Estimation Relative to Market, June 17th 2019 Delignit's P/E tells us that market participants think the company will perform better than its industry peers, going forward.

Simply Wall St -

What Should Investors Know About Delignit AG's (FRA:DLX) Growth?

Based on Delignit AG's (FRA:DLX) earnings update in December 2018, analyst forecasts appear to be in-line with historical trends, with earnings growth rate expected to be 13% in the upcoming year, relative to the past five-year average earnings growth of 12% per year. … I've plotted out each year's earnings expectations and inserted a line of best fit to calculate an annual growth rate from the slope in order to understand the overall trajectory of DLX's earnings growth over these next few years. … DB:DLX Past and Future Earnings, June 6th 2019 This results in an annual growth rate of 18% based on the most recent earnings level of €2.6m to the final forecast of €4.4m by 2022.

Simply Wall St -

Are Delignit AG’s (FRA:DLX) High Returns Really That Great?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Delignit: 0.16 = €3.9m ÷ (€38m - €14m) (Based on the trailing twelve months to December 2018.) So, Delignit has an ROCE of 16%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE. … What We Can Learn From Delignit's ROCE Delignit's ROCE does look good, but the level of current liabilities also contribute to that.

Simply Wall St -

Have Investors Priced In Delignit AG's (FRA:DLX) Growth?

DLX is available at a PE (price-to-earnings) ratio of 23.45x today, which tells us the stock is overvalued based on current earnings compared to the Forestry industry average of 11.9x , and overvalued compared to the DE market average ratio of 20.44x. … However, seeing as Delignit is perceived as a high-growth stock, we must also account for its earnings growth, which is captured in the PEG ratio. … This means that, when we account for Delignit's growth, the stock can be viewed as slightly overvalued , based on fundamental analysis.

Simply Wall St -

Delignit AG (FRA:DLX) Delivered A Better ROE Than Its Industry

Our data shows Delignit has a return on equity of 14% for the last year. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.14 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Interested In Delignit AG (FRA:DLX)? Here's What Its Recent Performance Looks Like

Below, I will assess DLX's latest performance announced on 31 December 2018 and weight these figures against its longer term trend and industry movements. … Were DLX's earnings stronger than its past performances and the industry. … DLX's trailing twelve-month earnings (from 31 December 2018) of €2.6m has.

Simply Wall St -

Is It Too Late To Consider Buying Delignit AG (FRA:DLX)?

Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Delignit’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

DLX Company Info

Description

Delignit AG develops, manufactures, and sells ecological materials and system solutions based on renewable natural resources in Germany. The company offers interior safety features and loading area protection systems for light commercial vehicles, which are used as floors, walls, and partitions by vehicles manufacturers in OEM and SHOP versions. It also provides floors for production sites and rail vehicles; fire safety and sound proofing in public buildings that include safety components and construction elements, such as doors, windows, and partitions; and sheet-forming tools. Delignit AG offers its products and solutions under the Delignit, VANYCARE, Carbonwood, Dunacore, Feinholz, Festholz, and Panzerholz brand names. The company was founded in 1799 and is based in Blomberg, Germany. Delignit AG is a subsidiary of MBB SE.

Details
Name: Delignit AG
DLX
Exchange: DB
Founded: 1799
€35,643,465
8,193,900
Website: http://www.delignit-ag.de
Address: Delignit AG
Königswinkel 2-6,
Blomberg,
North Rhine-Westphalia, 32825,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA DLX Common Stock XETRA Trading Platform DE EUR 26. Sep 2007
DB DLX Common Stock Deutsche Boerse AG DE EUR 26. Sep 2007
Number of employees
Current staff
Staff numbers
375
Delignit employees.
Industry
Forest Products
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:38
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/09/04
Last earnings filing: 2019/08/30
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.