Balance Sheet Stabilus SE

Equities

STM

DE000STAB1L8

Industrial Machinery & Equipment

Market Closed - Xetra Other stock markets 09:05:19 10/09/2024 pm IST			5-day change	1st Jan Change
35.35 ^EUR	-2.62%		-6.85%	-42.71%

06/09	STABILUS : Gets a Buy rating from Warburg Research	ZD
30/07	STABILUS : Hauck & Aufhauser reiterates its Buy rating	ZD

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Published financial data: STABILUS SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2019	2020	2021	2022	2023
Revenues	951M	822M	938M	1.12B	1.22B
Total Revenues	951M	822M	938M	1.12B	1.22B
Cost of Goods Sold, Total	675M	589M	657M	805M	893M
Gross Profit	276M	233M	280M	311M	322M
Selling General & Admin Expenses, Total	119M	117M	120M	127M	149M
R&D Expenses	38.75M	38.3M	42.02M	45.72M	31.13M
Other Operating Expenses	-1.56M	-1.03M	-3.44M	-2.95M	-2.74M
Other Operating Expenses, Total	156M	154M	159M	169M	177M
Operating Income	120M	78.36M	122M	142M	145M
Interest Expense, Total	-10.42M	-11.01M	-13.13M	-14.17M	-12.88M
Interest And Investment Income	419K	499K	700K	2.35M	6.87M
Net Interest Expenses	-10M	-10.51M	-12.43M	-11.82M	-6.01M
Income (Loss) On Equity Invest.	-	-	-	129K	797K
Currency Exchange Gains (Loss)	2.47M	4.63M	-2.27M	13.23M	-15.72M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	113M	72.47M	107M	143M	124M
Merger & Related Restructuring Charges	-700K	-	-	-	-4.1M
Gain (Loss) On Sale Of Assets	136K	-38K	236K	342K	263K
Asset Writedown	-398K	-28.05M	-760K	-484K	-1.2M
Other Unusual Items	3.3M	3M	1.6M	-	-
EBT, Incl. Unusual Items	115M	47.39M	108M	143M	119M
Income Tax Expense	33.95M	17.4M	34.25M	38.91M	16.01M
Earnings From Continuing Operations	80.9M	29.99M	73.76M	104M	103M
Net Income to Company	80.9M	29.99M	73.76M	104M	103M
Minority Interest	-273K	1.44M	-361K	-1.38M	-1.53M
Net Income - (IS)	80.63M	31.43M	73.39M	103M	102M
Net Income to Common Incl Extra Items	80.63M	31.43M	73.39M	103M	102M
Net Income to Common Excl. Extra Items	80.63M	31.43M	73.39M	103M	102M
Per Share Items
Net EPS - Basic	3.26	1.27	2.97	4.17	4.12
Basic EPS - Continuing Operations	3.26	1.27	2.97	4.17	4.12
Basic Weighted Average Shares Outstanding	24.7M	24.7M	24.7M	24.7M	24.7M
Net EPS - Diluted	3.26	1.27	2.97	4.17	4.12
Diluted EPS - Continuing Operations	3.26	1.27	2.97	4.17	4.12
Diluted Weighted Average Shares Outstanding	24.7M	24.7M	24.7M	24.7M	24.7M
Normalized Basic EPS	2.84	1.89	2.69	3.57	3.09
Normalized Diluted EPS	2.84	1.89	2.69	3.57	3.09
Dividend Per Share	1.1	0.5	1.25	1.75	1.75
Payout Ratio	30.64	86.44	16.83	29.99	42.47
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	166M	124M	164M	186M	191M
EBITA	139M	96.03M	136M	156M	160M
EBIT	120M	78.36M	122M	142M	145M
EBITDAR	176M	124M	165M	-	-
Effective Tax Rate - (Ratio)	29.56	36.72	31.71	27.16	13.42
Total Current Taxes	33.08M	28.67M	35.08M	37.18M	47.8M
Total Deferred Taxes	875K	-11.27M	694K	2.09M	-13.36M
Normalized Net Income	70.05M	46.74M	66.47M	88.24M	76.2M
Interest Capitalized	155K	179K	190K	97K	168K
Interest on Long-Term Debt	6.26M	7.13M	8.6M	1.36M	1.39M
Non-Cash Pension Expense	1M	551K	613K	603K	1.38M
Supplemental Operating Expense Items
Selling and Marketing Expenses	84.19M	81.67M	81.65M	87.04M	104M
General and Administrative Expenses	34.96M	35.51M	38.41M	39.57M	44.28M
Research And Development Expense From Footnotes	44.66M	43.74M	43.39M	45.74M	31.13M
Net Rental Expense, Total	9.79M	300K	1.21M	-	-
Imputed Operating Lease Interest Expense	2.62M	79.65K	372K	-	-
Imputed Operating Lease Depreciation	7.17M	220K	841K	-	-
Stock-Based Comp., Other (Total)	108K	557K	1.15M	586K	1.77M
Total Stock-Based Compensation	108K	557K	1.15M	586K	1.77M

Fiscal Period: September	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	139M	162M	193M	168M	193M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	139M	162M	193M	168M	193M
Accounts Receivable, Total	130M	117M	132M	192M	193M
Other Receivables	7.89M	12.33M	12.96M	14.28M	14.05M
Total Receivables	138M	129M	145M	206M	207M
Inventory	100M	97.24M	137M	167M	177M
Prepaid Expenses	2.44M	1.97M	2.45M	3.12M	3.12M
Other Current Assets, Total	13.22M	14.39M	19.67M	19.95M	19.6M
Total Current Assets	393M	405M	497M	565M	600M
Gross Property Plant And Equipment	394M	444M	468M	526M	732M
Accumulated Depreciation	-194M	-214M	-245M	-297M	-485M
Net Property Plant And Equipment	200M	230M	223M	229M	247M
Long-term Investments	-	-	-	23.1M	6.24M
Goodwill	215M	208M	208M	217M	237M
Other Intangibles, Total	221M	173M	162M	154M	191M
Deferred Tax Assets Long-Term	13.37M	11.15M	14.7M	14.85M	13.4M
Deferred Charges Long-Term	55.36M	56.74M	60.66M	62.46M	39.15M
Other Long-Term Assets, Total	1.71M	281K	1.18M	1.41M	879K
Total Assets	1.1B	1.08B	1.17B	1.27B	1.33B
Liabilities
Accounts Payable, Total	90.99M	71.08M	90.36M	114M	124M
Accrued Expenses, Total	33.56M	34.43M	40.56M	42.82M	44.05M
Current Portion of Long-Term Debt	2.82M	34.31M	1.46M	1.73M	6.92M
Current Portion of Leases	441K	6.9M	7.2M	7.88M	7.98M
Current Income Taxes Payable	13.09M	9.66M	11.88M	14.23M	20.07M
Other Current Liabilities	30.48M	32.07M	42.02M	41.14M	23.62M
Total Current Liabilities	171M	188M	193M	222M	227M
Long-Term Debt	309M	288M	293M	255M	251M
Long-Term Leases	83K	33.07M	29.8M	25.68M	25.4M
Pension & Other Post Retirement Benefits	61.84M	59.08M	56.33M	38.39M	38.87M
Deferred Tax Liability Non Current	55.93M	43.66M	47.7M	54.37M	44.58M
Other Non Current Liabilities	1.62M	1.65M	1.58M	1.45M	35.45M
Total Liabilities	600M	614M	622M	597M	622M
Common Stock, Total	247K	247K	247K	24.7M	24.7M
Additional Paid In Capital	-	227M	227M	-	-
Retained Earnings	283M	293M	354M	421M	458M
Comprehensive Income and Other	207M	-58.39M	-41.86M	220M	201M
Total Common Equity	490M	462M	539M	666M	684M
Minority Interest	9.38M	7.92M	5.09M	4.16M	28.27M
Total Equity	500M	470M	544M	670M	712M
Total Liabilities And Equity	1.1B	1.08B	1.17B	1.27B	1.33B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	24.7M	24.7M	24.7M	24.7M	24.7M
ECS Total Common Shares Outstanding	24.7M	24.7M	24.7M	24.7M	24.7M
Book Value / Share	19.85	18.69	21.83	26.94	27.68
Tangible Book Value	54.62M	81.51M	169M	294M	256M
Tangible Book Value Per Share	2.21	3.3	6.85	11.92	10.38
Total Debt	312M	362M	332M	290M	291M
Net Debt	173M	200M	139M	122M	98.28M
Debt Equivalent of Unfunded Proj. Benefit Obligation	59.89M	57.03M	54.69M	37.16M	37.67M
Debt Equivalent Oper. Leases	78.31M	2.4M	9.7M	-	-
Minority Interest, Total (Incl. Fin. Div)	9.38M	7.92M	5.09M	4.16M	28.27M
Equity Method Investments, Total	-	-	-	17.1M	-
Account Code - Inventory Valuation	6	6	6	-	6
Inventories - Raw Materials, Total	48.55M	48.05M	67.2M	85.64M	92.9M
Inventories - Work In Process, Total	15.36M	13.73M	20.84M	23.37M	25.36M
Inventories - Finished Goods, Total	36.43M	35.46M	48.84M	58.44M	59M
Land - (BS)	17.74M	17.42M	17.48M	17M	16.48M
Buildings, Total	60.74M	55.65M	61.19M	68.77M	94.54M
Machinery, Total	290M	291M	321M	363M	525M
Full Time Employees	6.7K	6.37K	6.4K	7.34K	7.46K
Accumulated Allowance for Doubtful Accounts (Supple)	1.9M	2.82M	2.1M	3.58M	2.55M

Fiscal Period: September	2019	2020	2021	2022	2023
Net Income	80.63M	31.43M	73.39M	103M	102M
Depreciation & Amortization - CF	26.79M	35.93M	36.11M	38.51M	38.96M
Amortization of Goodwill and Intangible Assets - (CF)	19.12M	17.67M	13.95M	14.21M	14.41M
Depreciation & Amortization, Total	45.9M	53.6M	50.06M	52.72M	53.36M
Amortization of Deferred Charges, Total - (CF)	13.33M	14.16M	13.01M	15.8M	16.47M
(Gain) Loss From Sale Of Asset	-136K	38K	-236K	-342K	-263K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	398K	28.05M	760K	484K	1.2M
(Income) Loss On Equity Investments - (CF)	-	-	-	-129K	-797K
Other Operating Activities, Total	7.88M	-11.22M	18.88M	6.91M	17.7M
Change In Accounts Receivable	-11.4M	13.26M	-19.62M	-60.97M	3.29M
Change In Inventories	-4.85M	3.1M	-39.65M	-30.56M	-6.09M
Change In Accounts Payable	3.66M	-19.91M	19.28M	23.71M	3.16M
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	10M	-3.64M	13.09M	15.15M	-11.73M
Cash from Operations	145M	109M	129M	126M	178M
Capital Expenditure	-41.41M	-29.92M	-20.25M	-26.36M	-47.62M
Sale of Property, Plant, and Equipment	1.03M	938K	154K	1M	1.44M
Cash Acquisitions	-41.42M	-1.06M	-	-295K	-9.14M
Sale (Purchase) of Intangible assets	-15.11M	-17.66M	-20.26M	-18.71M	-26.13M
Investment in Marketable and Equity Securities, Total	-	-	-	-23.18M	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-96.9M	-47.7M	-40.36M	-67.54M	-81.44M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	29.89M	95M	155M	-
Total Debt Issued	-	29.89M	95M	155M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-25.21M	-29.8M	-137M	-207M	-12.17M
Total Debt Repaid	-25.21M	-29.8M	-137M	-207M	-12.17M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-24.7M	-27.17M	-12.35M	-30.88M	-43.22M
Common & Preferred Stock Dividends Paid	-24.7M	-27.17M	-12.35M	-30.88M	-43.22M
Other Financing Activities, Total	-4.32M	-4.81M	-6.09M	-8.81M	-11.03M
Cash from Financing	-54.24M	-31.88M	-60.46M	-91.6M	-66.42M
Foreign Exchange Rate Adjustments	1.74M	-5.88M	2.6M	8.57M	-5.49M
Net Change in Cash	-3.98M	23.41M	30.76M	-24.84M	24.75M
Supplemental Items
Cash Interest Paid	3.64M	4.81M	5.42M	5.11M	10.77M
Cash Income Tax Paid (Refund)	35.93M	36.43M	29.68M	33.86M	25.52M
Levered Free Cash Flow	52.46M	53.17M	68.38M	38.66M	69.76M
Unlevered Free Cash Flow	58.97M	60.05M	76.58M	47.52M	77.81M
Change In Net Working Capital	18.88M	9.67M	23.14M	65.16M	10.86M
Net Debt Issued / Repaid	-25.21M	99K	-42.02M	-51.91M	-12.17M

Fiscal Period: September	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.11	4.49	6.76	7.29	6.98
Return on Total Capital	9.62	5.96	8.9	9.66	9.25
Return On Equity %	17.47	6.19	14.55	17.19	14.95
Return on Common Equity	17.59	6.6	14.67	17.09	15.09
Margin Analysis
Gross Profit Margin %	29.05	28.32	29.89	27.88	26.53
SG&A Margin	12.52	14.25	12.8	11.34	12.24
EBITDA Margin %	17.44	15.05	17.45	16.69	15.7
EBITA Margin %	14.63	11.68	14.46	13.98	13.14
EBIT Margin %	12.62	9.53	12.97	12.71	11.96
Income From Continuing Operations Margin %	8.5	3.65	7.87	9.35	8.5
Net Income Margin %	8.48	3.82	7.83	9.22	8.38
Net Avail. For Common Margin %	8.48	3.82	7.83	9.22	8.38
Normalized Net Income Margin	7.36	5.69	7.09	7.9	6.27
Levered Free Cash Flow Margin	5.51	6.47	7.29	3.46	5.74
Unlevered Free Cash Flow Margin	6.2	7.3	8.17	4.26	6.4
Asset Turnover
Asset Turnover	0.9	0.75	0.83	0.92	0.93
Fixed Assets Turnover	5.02	3.83	4.14	4.94	5.11
Receivables Turnover (Average Receivables)	7.88	6.65	7.64	6.91	6.32
Inventory Turnover (Average Inventory)	7.06	5.97	5.62	5.29	5.18
Short Term Liquidity
Current Ratio