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Verbund - Price To Book Value

Energy & Utility | Austria | February 23, 2014
$2.99
Excel Sheet

Despite increasing its installed capacity by more than 28% since 2006, Verbund's sales have increased by only about 10% while net profit is down more than 22% when compared to the 2012 numbers. As a result, Company's ROE has dropped from more the 20's in 2005-2009 to the single digits in he last two years.

As a result, Verbund share trades back at less than 2x multiple of its book value, down from around 6x in the heydays in 2006-2007