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.

United Internet

DB:UTDI
Snowflake Description

Excellent balance sheet average dividend payer.

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

United Internet AG, through its subsidiaries, operates as an Internet service provider. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • United Internet has significant price volatility in the past 3 months.
UTDI Share Price and Events
7 Day Returns
11%
DB:UTDI
0.7%
DE Telecom
-0.6%
DE Market
1 Year Returns
-17%
DB:UTDI
-22.4%
DE Telecom
-20.9%
DE Market
UTDI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
United Internet (UTDI) 11% 5.2% -5.9% -17% -29.7% -34.9%
DE Telecom 0.7% -17.7% -18.7% -22.4% -31.8% -37.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • UTDI outperformed the Telecom industry which returned -22.4% over the past year.
  • UTDI outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
UTDI
Industry
5yr Volatility vs Market

UTDI Value

 Is United Internet 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 United Internet 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 United Internet.

DB:UTDI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 4%
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:UTDI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.36
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.355 (1 + (1- 30%) (39.07%))
0.633
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

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

The calculations below outline how an intrinsic value for United Internet 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:UTDI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 3.96%)
2020 392.87 Analyst x3 377.89
2021 451.72 Analyst x9 417.95
2022 344.00 Analyst x4 306.15
2023 311.51 Est @ -9.44% 266.67
2024 290.55 Est @ -6.73% 239.25
2025 276.52 Est @ -4.83% 219.02
2026 266.86 Est @ -3.5% 203.31
2027 260.02 Est @ -2.56% 190.55
2028 255.04 Est @ -1.91% 179.78
2029 251.33 Est @ -1.46% 170.41
Present value of next 10 years cash flows €2,570.00
DB:UTDI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €251.33 × (1 + -0.39%) ÷ (3.96% – -0.39%)
€5,752.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €5,752.58 ÷ (1 + 3.96%)10
€3,900.46
DB:UTDI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €2,570.00 + €3,900.46
€6,470.46
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €6,470.46 / 187.59
€34.49
DB:UTDI Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:UTDI represents 1.0014x of XTRA:UTDI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.0014x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 34.49 x 1.0014
€34.54
Value per share (EUR) From above. €34.54
Current discount Discount to share price of €28.54
= -1 x (€28.54 - €34.54) / €34.54
17.4%

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

Current Discount
Amount off the current price United Internet is available for.
Intrinsic value
17%
Share price is €28.54 vs Future cash flow value of €34.54
Current Discount Checks
For United Internet to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • United Internet's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • United Internet's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for United Internet's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are United Internet's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:UTDI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €2.13
XTRA:UTDI Share Price ** XTRA (2020-04-06) in EUR €28.5
Europe Telecom Industry PE Ratio Median Figure of 61 Publicly-Listed Telecom Companies 16.48x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

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

** Primary Listing of United Internet.

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

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

= 28.5 ÷ 2.13

13.4x

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

  • United Internet is good value based on earnings compared to the Europe Telecom industry average.
  • United Internet is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does United Internet's expected growth come at a high price?
Raw Data
DB:UTDI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.4x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
1.3%per year
Europe Telecom Industry PEG Ratio Median Figure of 34 Publicly-Listed Telecom Companies 1.34x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.4x ÷ 1.3%

10.16x

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

  • United Internet is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on United Internet's assets?
Raw Data
DB:UTDI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €22.97
XTRA:UTDI Share Price * XTRA (2020-04-06) in EUR €28.5
Germany Telecom Industry PB Ratio Median Figure of 7 Publicly-Listed Telecom Companies 1.12x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:UTDI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 28.5 ÷ 22.97

1.24x

* Primary Listing of United Internet.

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

  • United Internet is overvalued based on assets compared to the DE Telecom industry average.
X
Value checks
We assess United Internet'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 Telecom 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 Telecom industry average (and greater than 0)? (1 check)
  5. United Internet has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

UTDI Future Performance

 How is United Internet expected to perform in the next 1 to 3 years based on estimates from 13 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
1.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is United Internet expected to grow at an attractive rate?
  • United Internet's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • United Internet's earnings growth is positive but not above the Germany market average.
  • United Internet's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:UTDI Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:UTDI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 1.3%
DB:UTDI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 2.5%
Germany Telecom Industry Earnings Growth Rate Market Cap Weighted Average 19.7%
Germany Telecom Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:UTDI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:UTDI Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 5,920 1
2023-12-31 5,725 1
2022-12-31 5,545 920 411 7
2021-12-31 5,477 938 461 13
2020-12-31 5,231 908 412 8
2020-04-06
DB:UTDI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 5,194 829 424
2019-09-30 5,196 632 402
2019-06-30 5,158 564 174
2019-03-31 5,146 575 154
2018-12-31 5,103 482 189
2018-09-30 5,014 480 92
2018-06-30 4,801 420 621
2018-03-31 4,524 589 605
2017-12-31 4,206 726 611
2017-09-30 3,988 730 695
2017-06-30 3,882 812 401
2017-03-31 3,792 672 321

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • United Internet's earnings are expected to grow by 1.3% yearly, however this is not considered high growth (20% yearly).
  • United Internet's revenue is expected to grow by 2.5% 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:UTDI 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 13 Analyst Estimates (S&P Global) See Below

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

DB:UTDI 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 1.99 2.66 1.06 5.00
2021-12-31 2.11 2.42 1.44 11.00
2020-12-31 1.99 2.20 1.52 11.00
2020-04-06
DB:UTDI Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 2.13
2019-09-30 2.01
2019-06-30 0.87
2019-03-31 0.77
2018-12-31 0.94
2018-09-30 0.46
2018-06-30 3.11
2018-03-31 3.03
2017-12-31 3.06
2017-09-30 3.47
2017-06-30 1.99
2017-03-31 1.58

*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.
  • United Internet is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess United Internet'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.
United Internet has a total score of 1/6, 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.

UTDI Past Performance

  How has United Internet 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 United Internet's growth in the last year to its industry (Telecom).
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.
  • United Internet's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • United Internet's 1-year earnings growth exceeds its 5-year average (124.6% vs -3.7%)
  • United Internet's earnings growth has exceeded the Europe Telecom industry average in the past year (124.6% vs 10.4%).
Earnings and Revenue History
United Internet'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 United Internet Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UTDI 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 5,194.09 423.94 1,041.89
2019-09-30 5,195.77 401.89 1,032.25
2019-06-30 5,157.77 173.87 1,027.99
2019-03-31 5,146.21 154.33 1,010.52
2018-12-31 5,102.88 188.79 995.71
2018-09-30 5,013.94 91.80 989.67
2018-06-30 4,801.12 620.65 952.44
2018-03-31 4,524.33 604.70 891.52
2017-12-31 4,206.30 610.61 823.42
2017-09-30 3,988.24 694.84 741.46
2017-06-30 3,881.59 401.28 704.92
2017-03-31 3,792.26 320.59 702.66
2016-12-31 3,808.13 175.60 704.12
2016-09-30 3,788.98 149.12 715.23
2016-06-30 3,772.93 139.19 716.59
2016-03-31 3,779.15 232.25 733.84
2015-12-31 3,715.68 366.41 739.47
2015-09-30 3,648.93 441.12 731.94
2015-06-30 3,454.77 493.51 701.06
2015-03-31 3,260.17 465.78 645.58
2014-12-31 3,064.96 447.12 618.20
2014-09-30 2,871.44 353.16 601.91
2014-06-30 2,806.30 251.48 601.13
2014-03-31 2,735.87 222.02 615.57
2013-12-31 2,655.71 206.45 601.84
2013-09-30 2,585.18 181.28 592.26
2013-06-30 2,516.05 175.35 585.02

*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.
  • United Internet has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • United Internet used its assets less efficiently than the Europe Telecom industry average last year based on Return on Assets.
  • United Internet's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess United Internet'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 Telecom 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.
United Internet 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.

UTDI Health

 How is United Internet'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 United Internet's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • United Internet is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • United Internet's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of United Internet'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.
  • Low level of unsold assets.
  • 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 United Internet Company Filings, last reported 3 months ago.

DB:UTDI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,614.73 1,738.37 132.31
2019-09-30 4,801.04 1,739.95 101.93
2019-06-30 4,809.34 1,820.43 108.10
2019-03-31 4,635.12 1,866.35 131.67
2018-12-31 4,521.47 1,939.14 72.32
2018-09-30 4,500.87 1,983.81 108.46
2018-06-30 4,594.86 2,045.64 161.08
2018-03-31 4,676.81 1,873.68 179.06
2017-12-31 4,048.71 1,958.86 256.18
2017-09-30 3,976.38 1,946.55 174.34
2017-06-30 2,065.44 2,210.78 364.56
2017-03-31 1,622.90 1,864.61 319.74
2016-12-31 1,197.81 1,760.65 111.66
2016-09-30 1,076.21 1,848.13 113.35
2016-06-30 1,049.54 1,869.46 108.24
2016-03-31 1,192.75 1,818.41 96.02
2015-12-31 1,149.76 1,536.50 92.96
2015-09-30 1,053.23 1,355.83 100.12
2015-06-30 1,112.36 1,552.97 89.81
2015-03-31 1,230.63 1,346.40 263.76
2014-12-31 1,204.73 1,374.00 57.54
2014-09-30 837.16 349.76 191.29
2014-06-30 350.30 326.04 76.46
2014-03-31 369.27 256.21 78.06
2013-12-31 307.85 347.72 48.38
2013-09-30 246.92 394.39 66.51
2013-06-30 194.28 297.08 45.06
  • United Internet's level of debt (37.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (114% vs 37.7% today).
  • Debt is well covered by operating cash flow (47.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 27.3x coverage).
X
Financial health checks
We assess United Internet'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. United Internet has a total score of 5/6, 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.

UTDI Dividends

 What is United Internet'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
1.75%
Current annual income from United Internet dividends. Estimated to be 1.96% next year.
If you bought €2,000 of United Internet shares you are expected to receive €35 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?
  • United Internet's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • United Internet's dividend is below the markets top 25% of dividend payers in Germany (4.85%).
Upcoming dividend payment

Purchase United Internet 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:UTDI 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 13 Analyst Estimates (S&P Global) See Below
Germany Telecom Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 5.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
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 4.9%

Industry and Market average data is calculated daily.

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

DB:UTDI Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.64 6.00
2021-12-31 0.54 10.00
2020-12-31 0.51 7.00
2020-04-06
DB:UTDI Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-25 0.500 1.901
2019-03-22 0.050 0.165
2018-03-22 0.850 2.030
2017-03-24 0.800 1.562
2016-03-21 0.700 1.794
2015-03-27 0.600 1.350
2014-03-28 0.400 1.171
2013-03-21 0.300 1.153
2012-05-11 0.300 1.930
2012-04-05 0.300 2.097
2012-03-13 0.300 2.169
2012-03-12 0.300 2.141
2011-03-24 0.200 1.479
2011-03-16 0.200 1.686
2010-03-25 0.200 1.816
2010-03-17 0.200 1.756
2009-11-03 0.000 0.000
2009-08-13 0.000 0.000
2009-05-13 0.000 0.000
2009-04-20 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 increased over the past 10 years.
Current Payout to shareholders
What portion of United Internet's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).
X
Income/ dividend checks
We assess United Internet'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 United Internet afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. United Internet has a total score of 4/6, see the detailed checks below.


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

UTDI Management

 What is the CEO of United Internet'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
Ralph Dommermuth
COMPENSATION €0
AGE 56
TENURE AS CEO 32.3 years
CEO Bio

Mr. Ralph Dommermuth is Chief Executive Officer and Chairman of the Management Board at 1&1 Drillisch AG since January 1, 2018. Mr. Dommermuth founded 1&1 Internet, Inc. in 1992 and serves as its Chief Marketing Officer. Mr. Dommermuth has been Chief Executive Officer of United Internet AG since 1988 and also it’s Member of the Management Board since 1988, which he founded in 1988. Mr. Dommermuth served as Chairman of the Management Board at United Internet AG. Mr. Dommermuth served as the Managing Director at 1&1 Internet SE. Mr. Dommermuth began his career with a training program as a Banker, followed by a sales position at a computer retailer in Montabaur, Germany. Mr. Dommermuth serves as a Member of the Board of Director at 1&1 Internet AG. He served as a Director of United Internet AG. He serves as a Director at United Internet Media AG. He serves as a Member of Supervisory Board of twenty4help Knowledge Service AG, Montabaur. He served as the Chairman of the Supervisory Board at United Internet Media AG. Mr. Dommermuth served as a Member of Supervisory Board at Rocket Internet SE since August 22, 2014 until June 23, 2015. Mr. Dommermuth served as a Member of the Supervisory Board at Sedo Holding AG from December 16, 2009 to June 6, 2012. He is a qualified Banker.

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

Ralph Dommermuth

TITLE
Founder
AGE
56
TENURE
32.3 yrs

Frank Krause

TITLE
CFO & Member of the Management Board
COMPENSATION
€511K
AGE
54
TENURE
4.8 yrs

Dominic Grossman

TITLE
Senior Investor Relations Manager

Marcus Schaps

TITLE
Head of Press and Public Relations

Stephan Gramkow

TITLE
Investor Relations Officer
Board of Directors

Kurt Dobitsch

TITLE
Independent Chairman of the Supervisory Board
COMPENSATION
€34K
AGE
65
TENURE
22.3 yrs

Michael Scheeren

TITLE
Independent Deputy Chairman of Supervisory Board
COMPENSATION
€19K
AGE
62

Kai-Uwe Ricke

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€19K
AGE
58
TENURE
12.2 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 United Internet'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. United Internet 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.

UTDI News

Simply Wall St News

Should We Worry About United Internet AG's (FRA:UTDI) P/E Ratio?

We'll apply a basic P/E ratio analysis to United Internet AG's (FRA:UTDI), to help you decide if the stock is worth further research. … Check out our latest analysis for United Internet How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for United Internet: P/E of 32.21 = €27.96 ÷ €0.87 (Based on the trailing twelve months to June 2019.) Is A High P/E Ratio Good?

Simply Wall St -

With A Return On Equity Of 5.9%, Has United Internet AG's (FRA:UTDI) Management Done Well?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for United Internet: 5.9% = €154m ÷ €4.6b (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does United Internet Have A Good Return On Equity? … Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises.

Simply Wall St -

Some United Internet (FRA:UTDI) Shareholders Are Down 42%

That downside risk was realized by United Internet AG (FRA:UTDI) shareholders over the last year, as the share price declined 42%. … We'd be remiss not to mention the difference between United Internet's total shareholder return (TSR) and its share price return. … Its history of dividend payouts mean that United Internet's TSR, which was a 42% drop over the last year, was not as bad as the share price return.

Simply Wall St -

Can We See Significant Insider Ownership On The United Internet AG (FRA:UTDI) Share Register?

The big shareholder groups in United Internet AG (FRA:UTDI) have power over the company. … Check out our latest analysis for United Internet DB:UTDI Ownership Summary, June 6th 2019 What Does The Institutional Ownership Tell Us About United Internet? … Insider Ownership Of United Internet The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

How United Internet AG (FRA:UTDI) Could Add Value To Your Portfolio

UTDI's shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. … Also, relative to the rest of its peers with similar levels of earnings, UTDI's share price is trading below the group's average. … DB:UTDI Price Estimation Relative to Market, May 16th 2019 Next Steps: For United Internet, I've compiled three key aspects you should further research: Future Outlook: What are well-informed industry analysts predicting for UTDI’s future growth?

Simply Wall St -

Why You Should Like United Internet AG’s (FRA:UTDI) ROCE

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

With A 6.9% Return On Equity, Is United Internet AG (FRA:UTDI) A Quality Stock?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … United Internet has a ROE of 6.9%, based on the last twelve months. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Be Tempted To Sell United Internet AG (FRA:UTDI) Because Of Its P/E Ratio?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … United Internet has a price to earnings ratio of 37.53, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is United Internet AG (FRA:UTDI) A Top Dividend Stock?

Historically, United Internet AG (FRA:UTDI) has been paying a dividend to shareholders. … Let's dig deeper into whether United Internet should have a place in your portfolio. … Check out our latest analysis for United Internet

Simply Wall St -

How Much Of United Internet AG (FRA:UTDI) Do Insiders Own?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of €6.4b, United Internet is rather large. … Companies of this size are usually well known to retail investors, too.

Simply Wall St -

UTDI Company Info

Description

United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates through four segment: Consumer Access, Business Access, Consumer Applications, and Business Applications. The company offers broadband and mobile access products, including home networks, online storage, telephony, video-on-demand, or IPTV; and data and network solutions for small and medium-sized enterprises, as well as infrastructure services for large corporations. It also provides ad-financed and fee-based application products for consumer and business customers, including domains, home pages, Web hosting, servers, and e-shops; personal information management applications, such as email, to-do lists, appointments, and addresses; and group works, online storage, and office software. The company offers its access products through the 1&1 brand, as well as through Drillisch Online, such as winSIM, yourfone, and smartmobile.de; and applications through GMX, mail.com, WEB.DE, 1&1 IONOS, Arsys, Fasthosts, home.pl, InterNetX, Strato, united-domains, and World4You brands. In addition, the company offers customers professional services in the field of active domain management under the Sedo brand; and free apps through advertising run by United Internet Media. It has operations in Germany, France, the United Kingdom, Italy, the Netherlands, Austria, Poland, Switzerland, Spain, Canada, Mexico, and the United States. The company was founded in 1988 and is headquartered in Montabaur, Germany.

Details
Name: United Internet AG
UTDI
Exchange: DB
Founded: 1988
€5,346,214,879
187,586,487
Website: http://www.united-internet.de
Address: United Internet AG
Elgendorfer Strasse 57,
Montabaur,
Rhineland-Palatinate, 56410,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA UTDI Registered Shares XETRA Trading Platform DE EUR 24. Mar 1998
OTCPK UDIR.F Registered Shares Pink Sheets LLC US USD 24. Mar 1998
DB UTDI Registered Shares Deutsche Boerse AG DE EUR 24. Mar 1998
LSE 0GE4 Registered Shares London Stock Exchange GB EUR 24. Mar 1998
SWX UTDI Registered Shares SIX Swiss Exchange CH CHF 24. Mar 1998
WBAG UTDI Registered Shares Wiener Boerse AG AT EUR 24. Mar 1998
ETLX UTDI Registered Shares Eurotlx IT EUR 24. Mar 1998
BATS-CHIXE UTDID Registered Shares BATS 'Chi-X Europe' GB EUR 24. Mar 1998
Number of employees
Current staff
Staff numbers
9,374
United Internet employees.
Industry
Integrated Telecommunication Services
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:11
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/26
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.