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Wienerberger

DB:WIB
Snowflake Description

Flawless balance sheet with solid track record.

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

Wienerberger AG produces and sells bricks, roof tiles, concrete pavers, and pipe systems in Austria and internationally. The last earnings update was 8 days ago. More info.


Add to Portfolio Compare Print
  • Wienerberger has significant price volatility in the past 3 months.
WIB Share Price and Events
7 Day Returns
19.4%
DB:WIB
6.6%
Europe Basic Materials
2.1%
DE Market
1 Year Returns
-11.2%
DB:WIB
-26.7%
Europe Basic Materials
-16.6%
DE Market
WIB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wienerberger (WIB) 19.4% -19.6% -33.1% -11.2% -15.2% 16.3%
Europe Basic Materials 6.6% -18.2% -32.2% -26.7% -36.7% -34%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • WIB outperformed the Basic Materials industry which returned -26.7% over the past year.
  • WIB outperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
WIB
Industry
5yr Volatility vs Market

WIB Value

 Is Wienerberger 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 Wienerberger 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 Wienerberger.

DB:WIB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
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:WIB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.9%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.817 (1 + (1- 25%) (55.55%))
1.106
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.106 * 5.94%)
6.18%

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

The calculations below outline how an intrinsic value for Wienerberger 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:WIB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.18%)
2020 291.53 Analyst x3 274.57
2021 257.43 Analyst x3 228.34
2022 275.00 Analyst x1 229.73
2023 286.37 Est @ 4.14% 225.31
2024 294.33 Est @ 2.78% 218.09
2025 299.70 Est @ 1.83% 209.15
2026 303.19 Est @ 1.16% 199.27
2027 305.30 Est @ 0.7% 188.98
2028 306.43 Est @ 0.37% 178.64
2029 306.87 Est @ 0.14% 168.48
Present value of next 10 years cash flows €2,120.00
DB:WIB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €306.87 × (1 + -0.39%) ÷ (6.18% – -0.39%)
€4,653.15
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €4,653.15 ÷ (1 + 6.18%)10
€2,554.80
DB:WIB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €2,120.00 + €2,554.80
€4,674.80
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €4,674.80 / 113.42
€41.22
DB:WIB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:WIB represents 1.04559x of WBAG:WIE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.04559x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 41.22 x 1.04559
€43.10
Value per share (EUR) From above. €43.10
Current discount Discount to share price of €17.20
= -1 x (€17.20 - €43.10) / €43.10
60.1%

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

Current Discount
Amount off the current price Wienerberger is available for.
Intrinsic value
>50%
Share price is €17.2 vs Future cash flow value of €43.1
Current Discount Checks
For Wienerberger to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Wienerberger's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Wienerberger'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 Wienerberger's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wienerberger's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:WIB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €2.18
WBAG:WIE Share Price ** WBAG (2020-04-07) in EUR €16.45
Europe Basic Materials Industry PE Ratio Median Figure of 33 Publicly-Listed Basic Materials Companies 9.52x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of Wienerberger.

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

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

= 16.45 ÷ 2.18

7.55x

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

  • Wienerberger is good value based on earnings compared to the Europe Basic Materials industry average.
  • Wienerberger is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Wienerberger's expected growth come at a high price?
Raw Data
DB:WIB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
-1.9%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 17 Publicly-Listed Basic Materials Companies 1.67x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.55x ÷ -1.9%

-3.92x

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

  • Wienerberger earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Wienerberger's assets?
Raw Data
DB:WIB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €18.30
WBAG:WIE Share Price * WBAG (2020-04-07) in EUR €16.45
Europe Basic Materials Industry PB Ratio Median Figure of 39 Publicly-Listed Basic Materials Companies 0.85x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:WIB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 16.45 ÷ 18.30

0.9x

* Primary Listing of Wienerberger.

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

  • Wienerberger is overvalued based on assets compared to the Europe Basic Materials industry average.
X
Value checks
We assess Wienerberger'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 Basic Materials 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 Basic Materials industry average (and greater than 0)? (1 check)
  5. Wienerberger 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.

WIB Future Performance

 How is Wienerberger expected to perform in the next 1 to 3 years based on estimates from 6 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
-1.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wienerberger expected to grow at an attractive rate?
  • Wienerberger's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Wienerberger's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Wienerberger's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:WIB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:WIB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts -1.9%
DB:WIB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 1.5%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
DB:WIB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:WIB Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 3,857 1
2023-12-31 3,774 1
2022-12-31 3,453 431 229 4
2021-12-31 3,458 488 233 6
2020-12-31 3,326 503 174 5
2020-04-07
DB:WIB Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 3,466 430 249
2019-09-30 3,466 413 213
2019-06-30 3,435 386 207
2019-03-31 3,407 386 179
2018-12-31 3,305 319 133
2018-09-30 3,254 334 154
2018-06-30 3,198 305 135
2018-03-31 3,135 255 121
2017-12-31 3,120 272 123
2017-09-30 3,055 239 108
2017-06-30 3,034 288 97
2017-03-31 3,023 316 88

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wienerberger's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Wienerberger's revenue is expected to grow by 1.5% 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:WIB 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 6 Analyst Estimates (S&P Global) See Below

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

DB:WIB Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 2.19 2.82 1.55 2.00
2021-12-31 2.23 2.62 1.06 5.00
2020-12-31 1.52 2.27 0.77 2.00
2020-04-07
DB:WIB Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 2.18
2019-09-30 1.86
2019-06-30 1.79
2019-03-31 1.55
2018-12-31 1.15
2018-09-30 1.32
2018-06-30 1.15
2018-03-31 1.04
2017-12-31 1.05
2017-09-30 0.92
2017-06-30 0.83
2017-03-31 0.76

*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.
  • Wienerberger is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Wienerberger'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.
Wienerberger 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.

WIB Past Performance

  How has Wienerberger 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 Wienerberger's growth in the last year to its industry (Basic Materials).
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.
  • Wienerberger has delivered over 20% year on year earnings growth in the past 5 years.
  • Wienerberger's 1-year earnings growth exceeds its 5-year average (86.6% vs 61.3%)
  • Wienerberger's earnings growth has exceeded the Europe Basic Materials industry average in the past year (86.6% vs 20.8%).
Earnings and Revenue History
Wienerberger'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 Wienerberger Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WIB Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,466.28 249.10 886.41
2019-09-30 3,465.82 213.10 882.92
2019-06-30 3,434.58 206.80 872.40
2019-03-31 3,406.77 179.37 868.33
2018-12-31 3,305.08 133.50 857.87
2018-09-30 3,253.91 154.13 836.52
2018-06-30 3,197.91 134.69 823.02
2018-03-31 3,135.14 121.11 806.17
2017-12-31 3,119.71 123.18 798.88
2017-09-30 3,055.13 107.97 783.30
2017-06-30 3,033.61 96.57 777.92
2017-03-31 3,022.69 88.30 773.89
2016-12-31 2,973.83 81.96 764.49
2016-09-30 2,968.71 81.94 761.01
2016-06-30 2,966.37 57.59 761.78
2016-03-31 2,970.58 53.36 767.86
2015-12-31 2,972.36 36.54 763.85
2015-09-30 2,969.37 -270.17 765.82
2015-06-30 2,959.96 -238.31 759.03
2015-03-31 2,862.40 -263.67 733.72
2014-12-31 2,834.47 -261.69 723.10
2014-09-30 2,777.35 -2.27 711.39
2014-06-30 2,751.90 -25.83 702.38
2014-03-31 2,755.61 -19.72 698.28
2013-12-31 2,662.94 -38.94 688.63
2013-09-30 2,645.68 -122.89 678.94
2013-06-30 2,627.32 -125.76 677.89

*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.
  • Wienerberger has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Wienerberger used its assets more efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • Wienerberger has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Wienerberger'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 Basic Materials 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.
Wienerberger has a total score of 5/6, 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.

WIB Health

 How is Wienerberger'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 Wienerberger's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wienerberger is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wienerberger's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Wienerberger's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

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

DB:WIB Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,076.83 821.42 138.64
2019-09-30 2,050.87 1,054.65 173.46
2019-06-30 1,980.43 964.53 142.85
2019-03-31 1,954.87 1,178.44 159.08
2018-12-31 1,939.08 836.52 178.79
2018-09-30 1,934.24 915.86 230.68
2018-06-30 1,855.92 1,134.83 357.10
2018-03-31 1,836.88 978.46 136.85
2017-12-31 1,911.24 813.62 222.94
2017-09-30 1,875.38 872.73 191.10
2017-06-30 1,832.41 996.33 206.64
2017-03-31 1,825.69 1,085.47 222.50
2016-12-31 1,848.96 881.31 226.78
2016-09-30 2,048.38 731.55 181.60
2016-06-30 1,998.40 900.71 201.58
2016-03-31 1,980.94 951.10 164.95
2015-12-31 2,054.22 747.42 184.83
2015-09-30 2,104.04 878.94 231.89
2015-06-30 2,099.07 992.96 207.98
2015-03-31 2,070.83 1,062.64 221.52
2014-12-31 1,986.49 958.47 312.32
2014-09-30 2,327.86 976.45 234.73
2014-06-30 2,205.69 1,153.22 459.83
2014-03-31 2,172.97 1,144.38 411.27
2013-12-31 2,254.17 1,127.01 555.80
2013-09-30 2,266.53 1,144.47 481.89
2013-06-30 2,250.02 1,163.07 362.65
  • Wienerberger's level of debt (39.6%) 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 (48.3% vs 39.6% today).
  • Debt is well covered by operating cash flow (52.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.1x coverage).
X
Financial health checks
We assess Wienerberger'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. Wienerberger 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.

WIB Dividends

 What is Wienerberger'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
3.65%
Current annual income from Wienerberger dividends. Estimated to be 4.32% next year.
If you bought €2,000 of Wienerberger shares you are expected to receive €73 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?
  • Wienerberger's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Wienerberger's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
Upcoming dividend payment

Purchase Wienerberger before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:WIB 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 6 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:WIB Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.68 3.00
2021-12-31 0.73 7.00
2020-12-31 0.70 7.00
2020-04-07
DB:WIB Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-30 0.600 4.013
2020-02-26 0.600 3.562
2019-03-28 0.500 2.223
2019-02-27 0.500 2.536
2018-03-29 0.300 1.446
2018-02-28 0.300 1.428
2017-03-29 0.270 1.336
2017-02-22 0.270 1.411
2016-03-29 0.200 1.288
2016-01-15 0.200 1.338
2015-02-26 0.150 0.978
2014-03-27 0.120 1.027
2014-02-27 0.120 0.888
2013-02-26 0.120 1.123
2012-03-29 0.120 1.738
2012-02-21 0.120 1.324
2011-03-31 0.100 1.041
2011-02-22 0.100 0.697
2009-11-06 0.000 0.000
2009-10-30 0.000 0.000
2009-07-30 0.000 0.000
2009-04-30 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, Wienerberger has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Wienerberger only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Wienerberger's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.2x coverage).
X
Income/ dividend checks
We assess Wienerberger'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 Wienerberger afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wienerberger 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.

WIB Management

 What is the CEO of Wienerberger'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
Heimo Scheuch
COMPENSATION €3,417,985
AGE 53
TENURE AS CEO 10.7 years
CEO Bio

Mag. Dr. Heimo Scheuch has been the Chairman of Management Board for Wienerberger AG since July 31, 2009 and has also been its Managing Director and Chief Executive Officer since August 1, 2009. He also assume all responsibilities of the CFO from January 1st, 2020. Mag. Dr. Scheuch is primarily responsible for the strategic and operational development of the Wienerberger Group. He served as the Chief Operating Officer of Wienerberger Baustoffindustrie AG, served as Co-Chief Operating Officer since May 2001, also served as its Deputy Chairman of the Managing Board and Deputy Chief Executive Officer. He joined Wienerberger AG in 1996 as an Assistant to the Managing Board and also served as its Chief Operating Officer of Managing Board since May 2001. He served as Chief Executive Officer at Koramic Roofing Products NV. In 1997, Mag. Dr. Scheuch transferred to the senior management of Terca Bricks in Belgium Office and also served as its Chief Executive Officer since 1999. He began his career with the legal firm Shook, Hardy & Bacon in Milan and London as a Corporate Finance Specialist. He has been Member of Managing Board of Wienerberger AG since May 25, 2001. He has been the Chairman of Supervisory Board at CEESEG AG and Wiener Börse AG since June 14, 2016. He has been a Member of Supervisory Board of Burza cennych papiru Praha, a.s. since December 15, 2016. He serves as a Member of Supervisory Board of CEESEG AG. He serves as a Member of Supervisory Board of Wiener Börse AG. He serves as a Member of the Advisory Board at Soravia Group GmbH. He serves as a Member of the Executive Committee of the European Brick Association, Board Member of the French, Belgian and Dutch Brick Associations. He served as a Member of Supervisory Board at Sto SE & Co. KGaA since June 27, 2007 until June 12, 2012. He is Managing Director of Wienerberger West European Holding GmbH and Chairman of the Supervisory Board of TONDACH Gleinstätten AG. Other functions: President of Construction Products Europe and Vice-President of Cerame-Unie. He studied at the Vienna University of Economics and Business Administration, the City of London Polytechnic and Ecole Supérieure de Commerce de Paris. He studied at London Guildhall University and London Metropolitan University. He studied Legal System at Universitat Wien in 1990. He studied at ESCP Europe in 1992. He studied Legal System/studies at Université de la Sorbonne - Université de Paris. He studied at Wirtschaftsuniversität Wien.

CEO Compensation
  • Heimo's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Heimo's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

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

0.9
Average Tenure
49
Average Age
  • The average tenure for the Wienerberger management team is less than 2 years, this suggests a new team.
Management Team

Heimo Scheuch

TITLE
Chairman of Managing Board
COMPENSATION
€3M
AGE
53
TENURE
10.7 yrs

Carlo Crosetto

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

Solveig Menard-Galli

TITLE
Chief Performance Officer & Member of the Managing Board
AGE
50
TENURE
0.8 yrs

Jörg Reinold

TITLE
Chief Information & Digital Officer
TENURE
3.3 yrs

Anna Grausgruber

TITLE
Head of Investor Relations
AGE
29
TENURE
0.3 yrs

Bernd Braunstein

TITLE
Head of Corporate Legal Services

Barbara Grohs

TITLE
Head of Corporate Communications
TENURE
1 yrs

Klaus Ofner

TITLE
Head of Corporate Development
TENURE
0.3 yrs

Wolfgang Weiss

TITLE
Head of Corporate Human Resources
TENURE
11.1 yrs

Gerhard Koch

TITLE
Head of Corporate Public Affairs
Board of Directors Tenure

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

5.4
Average Tenure
62
Average Age
  • The tenure for the Wienerberger board of directors is about average.
Board of Directors

Peter Johnson

TITLE
Independent Chairman of Supervisory Board
COMPENSATION
€105K
AGE
72
TENURE
0.5 yrs

Caroline Sainte Marie

TITLE
Independent Vice-ChairWoman of Supervisory Board
COMPENSATION
€99K
AGE
62

Peter Steiner

TITLE
Independent Vice Chairman of Supervisory Board
COMPENSATION
€52K
AGE
60

David Davies

TITLE
Member of the Supervisory Board
COMPENSATION
€108K
AGE
64
TENURE
2.9 yrs

Gerhard Seban

TITLE
Employee Representative Member of the Supervsiory Board
AGE
52
TENURE
14.2 yrs

Claudia Schiroky

TITLE
Employee Representative Member of the Supervsiory Board
AGE
48
TENURE
17.8 yrs

Regina Prehofer

TITLE
Independent Member of Supervisory Board
COMPENSATION
€116K
AGE
63
TENURE
8.9 yrs

Christian Jourquin

TITLE
Independent Member of Supervisory Board
COMPENSATION
€99K
AGE
71
TENURE
5.9 yrs

Myriam Meyer

TITLE
Independent Member of Supervisory Board
COMPENSATION
€86K
AGE
57
TENURE
4.9 yrs

Wolfgang Wallner

TITLE
Employee Representative Member of Supervisory Board
TENURE
0.9 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 Wienerberger'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. Wienerberger 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.

WIB News

Simply Wall St News

WIB Company Info

Description

Wienerberger AG produces and sells bricks, roof tiles, concrete pavers, and pipe systems in Austria and internationally. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers clay blocks that are used for load or non load-bearing interior walls, partition walls, as well as for infill and separating walls; and exterior walls to provide building’s structural support. It also provides plastic pipes, such as fittings and accessories comprising products for building services, drinking water supply, irrigation, sewage disposal and rainwater drainage, sanitation and heating technology, energy supply, and gas and drinking water for industrial applications. In addition, the company offers concrete and clay pavers for various applications that include public spaces in train stations or airports and private terraces or gardens. Further, it provides facing bricks and facade tiles under the Argeton brand name for facades used for hospitals, schools, factories, and offices; and ceramic pipes, including fittings, shafts, and accessories for municipal and industrial drainage solutions. Additionally, the company offers clay roof tiles that are used for pitched and low slope roofs, as well as for facade design under the Koramic, Sandtoft, and Tondach brand names. Wienerberger AG was founded in 1819 and is headquartered in Vienna, Austria.

Details
Name: Wienerberger AG
WIB
Exchange: DB
Founded: 1819
€1,865,721,049
113,417,693
Website: http://www.wienerberger.com
Address: Wienerberger AG
Wienerbergerplatz 1,
Vienna,
Vienna, 1100,
Austria
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WBAG WIE Ordinary Shares Wiener Boerse AG AT EUR 02. Jan 1992
OTCPK WBRB.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB WIB Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
XTRA WIB Ordinary Shares XETRA Trading Platform DE EUR 02. Jan 1992
LSE 0MKZ Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
SWX WIE Ordinary Shares SIX Swiss Exchange CH CHF 02. Jan 1992
SEP WIE Ordinary Shares The Stock Exchange Prague Co. Ltd. CZ CZK 02. Jan 1992
BATS-CHIXE WIEV Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
OTCPK WBRB.Y SPONSORED ADR Pink Sheets LLC US USD 29. Nov 1996
Number of employees
Current staff
Staff numbers
17,234
Wienerberger employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:21
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.