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Marel hf
Buy, Hold or Sell?

Let's analyse Marel together

PenkeI guess you are interested in Marel hf. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Marel hf. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Marel (30 sec.)










What can you expect buying and holding a share of Marel? (30 sec.)

How much money do you get?

How much money do you get?
€0.02
When do you have the money?
1 year
How often do you get paid?
65.0%

What is your share worth?

Current worth
€1.38
Expected worth in 1 year
€1.40
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
€0.03
Return On Investment
1.0%

For what price can you sell your share?

Current Price per Share
€3.26
Expected price per share
€3.0719 - €3.4762
How sure are you?
50%

1. Valuation of Marel (5 min.)




Live pricePrice per Share (EOD)

€3.26

Intrinsic Value Per Share

€1.24 - €4.75

Total Value Per Share

€2.63 - €6.13

2. Growth of Marel (5 min.)




Is Marel growing?

Current yearPrevious yearGrowGrow %
How rich?$1.1b$1.1b$15.2m1.4%

How much money is Marel making?

Current yearPrevious yearGrowGrow %
Making money$8.4m$15.9m-$7.5m-89.4%
Net Profit Margin1.8%3.5%--

How much money comes from the company's main activities?

3. Financial Health of Marel (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#127 / 738

Most Revenue
#138 / 738

Most Profit
#267 / 738

Most Efficient
#494 / 738

What can you expect buying and holding a share of Marel? (5 min.)

Welcome investor! Marel's management wants to use your money to grow the business. In return you get a share of Marel.

What can you expect buying and holding a share of Marel?

First you should know what it really means to hold a share of Marel. And how you can make/lose money.

Speculation

The Price per Share of Marel is €3.26. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Marel.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Marel, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €1.38. Based on the TTM, the Book Value Change Per Share is €0.00 per quarter. Based on the YOY, the Book Value Change Per Share is €0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Marel.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.010.4%0.010.3%0.020.6%0.030.9%0.030.8%
Usd Book Value Change Per Share-0.01-0.4%0.010.2%0.000.1%0.031.1%0.020.7%
Usd Dividend Per Share0.000.0%0.000.1%0.010.4%0.020.6%0.010.4%
Usd Total Gains Per Share-0.01-0.4%0.010.3%0.020.5%0.061.7%0.041.1%
Usd Price Per Share3.37-3.38-4.31-4.44-2.22-
Price to Earnings Ratio67.16-92.68-57.54-52.74-26.37-
Price-to-Total Gains Ratio-238.62--654.81-139.75--48.24--48.24-
Price to Book Ratio2.24-2.27-2.96-3.18-1.59-
Price-to-Total Gains Ratio-238.62--654.81-139.75--48.24--48.24-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.539708
Number of shares282
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share0.010.03
Usd Total Gains Per Share0.010.06
Gains per Quarter (282 shares)2.6115.68
Gains per Year (282 shares)10.4662.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1560243953
21011104778116
314172071117179
419233095156242
5242840118195305
6293450142234368
7343960166273431
8394570189312494
9435180213351557
10485690237390620

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%56.04.00.093.3%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%12.08.00.060.0%26.014.00.065.0%39.017.04.065.0%
Dividend per Share3.00.01.075.0%9.00.03.075.0%15.00.05.075.0%26.00.014.065.0%31.00.029.051.7%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%15.05.00.075.0%30.010.00.075.0%45.013.02.075.0%

Fundamentals of Marel

About Marel hf

Marel hf. develops, manufactures, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company operates through four segments: Poultry Processing; Meat Processing; Fish Processing; and Plant, Pet, and Feed. The company's Poultry Processing segment offers automated in-line solutions, software, and services for all stages of processing broilers, turkeys, and ducks. Its Meat Processing segment supplies primary, secondary, and further processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for processing salmon and whitefish, both farmed and wild, on-board, and ashore. Its Plant, Pet, and Feed segment provides solutions and services to the pet food, plant-based protein, and aqua feed markets. The company also provides software assurance agreement, customer support, training, process consultancy, preventive maintenance, consumable packages, calibration, inspection, critical parts, and repair and exchange services, as well as upgrade kits. Marel hf. was founded in 1977 and is based in Garðabær, Iceland.

Fundamental data was last updated by Penke on 2024-05-01 02:48:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Marel hf.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Marel earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Marel to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 1.9% means that €0.02 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Marel hf:

  • The MRQ is 1.9%. The company is making a profit. +1
  • The TTM is 1.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.9%TTM1.8%+0.1%
TTM1.8%YOY3.5%-1.7%
TTM1.8%5Y5.9%-4.0%
5Y5.9%10Y6.5%-0.6%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9%5.1%-3.2%
TTM1.8%5.2%-3.4%
YOY3.5%5.2%-1.7%
5Y5.9%4.5%+1.4%
10Y6.5%4.8%+1.7%
1.1.2. Return on Assets

Shows how efficient Marel is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Marel to the Specialty Industrial Machinery industry mean.
  • 0.3% Return on Assets means that Marel generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Marel hf:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%+0.0%
TTM0.3%YOY0.6%-0.3%
TTM0.3%5Y1.0%-0.7%
5Y1.0%10Y1.2%-0.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%0.9%-0.6%
TTM0.3%1.0%-0.7%
YOY0.6%1.1%-0.5%
5Y1.0%1.0%+0.0%
10Y1.2%1.1%+0.1%
1.1.3. Return on Equity

Shows how efficient Marel is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Marel to the Specialty Industrial Machinery industry mean.
  • 0.8% Return on Equity means Marel generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Marel hf:

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.7%+0.1%
TTM0.7%YOY1.4%-0.7%
TTM0.7%5Y2.2%-1.5%
5Y2.2%10Y2.9%-0.7%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%2.0%-1.2%
TTM0.7%2.1%-1.4%
YOY1.4%2.2%-0.8%
5Y2.2%2.0%+0.2%
10Y2.9%2.1%+0.8%

1.2. Operating Efficiency of Marel hf.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Marel is operating .

  • Measures how much profit Marel makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Marel to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 4.6% means the company generated €0.05  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Marel hf:

  • The MRQ is 4.6%. The company is operating less efficient.
  • The TTM is 5.3%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.6%TTM5.3%-0.8%
TTM5.3%YOY6.1%-0.8%
TTM5.3%5Y8.9%-3.6%
5Y8.9%10Y9.7%-0.8%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%8.1%-3.5%
TTM5.3%3.3%+2.0%
YOY6.1%5.8%+0.3%
5Y8.9%5.8%+3.1%
10Y9.7%5.0%+4.7%
1.2.2. Operating Ratio

Measures how efficient Marel is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are €0.94 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Marel hf:

  • The MRQ is 0.942. The company is less efficient in keeping operating costs low.
  • The TTM is 0.945. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.942TTM0.945-0.003
TTM0.945YOY0.944+0.002
TTM0.9455Y0.909+0.036
5Y0.90910Y0.902+0.007
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9421.558-0.616
TTM0.9451.534-0.589
YOY0.9441.538-0.594
5Y0.9091.516-0.607
10Y0.9021.268-0.366

1.3. Liquidity of Marel hf.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Marel is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.26 means the company has €1.26 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Marel hf:

  • The MRQ is 1.255. The company is just able to pay all its short-term debts.
  • The TTM is 1.133. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.255TTM1.133+0.122
TTM1.133YOY1.141-0.009
TTM1.1335Y1.213-0.080
5Y1.21310Y1.130+0.083
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2551.706-0.451
TTM1.1331.688-0.555
YOY1.1411.661-0.520
5Y1.2131.738-0.525
10Y1.1301.549-0.419
1.3.2. Quick Ratio

Measures if Marel is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Marel to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 0.62 means the company can pay off €0.62 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Marel hf:

  • The MRQ is 0.624. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.526. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.624TTM0.526+0.099
TTM0.526YOY55.406-54.881
TTM0.5265Y14.377-13.851
5Y14.37710Y7.260+7.117
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6240.666-0.042
TTM0.5260.739-0.213
YOY55.4060.788+54.618
5Y14.3770.855+13.522
10Y7.2600.863+6.397

1.4. Solvency of Marel hf.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Marel assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Marel to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.60 means that Marel assets are financed with 59.9% credit (debt) and the remaining percentage (100% - 59.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Marel hf:

  • The MRQ is 0.599. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.611. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.599TTM0.611-0.011
TTM0.611YOY0.597+0.013
TTM0.6115Y0.546+0.065
5Y0.54610Y0.567-0.022
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5990.496+0.103
TTM0.6110.503+0.108
YOY0.5970.507+0.090
5Y0.5460.502+0.044
10Y0.5670.494+0.073
1.4.2. Debt to Equity Ratio

Measures if Marel is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Marel to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 149.6% means that company has €1.50 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Marel hf:

  • The MRQ is 1.496. The company is able to pay all its debts with equity. +1
  • The TTM is 1.569. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.496TTM1.569-0.073
TTM1.569YOY1.520+0.049
TTM1.5695Y1.261+0.308
5Y1.26110Y1.373-0.112
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4960.969+0.527
TTM1.5691.022+0.547
YOY1.5201.042+0.478
5Y1.2611.057+0.204
10Y1.3731.050+0.323

2. Market Valuation of Marel hf

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Marel generates.

  • Above 15 is considered overpriced but always compare Marel to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 67.16 means the investor is paying €67.16 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Marel hf:

  • The EOD is 70.629. Based on the earnings, the company is expensive. -2
  • The MRQ is 67.162. Based on the earnings, the company is expensive. -2
  • The TTM is 92.679. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD70.629MRQ67.162+3.466
MRQ67.162TTM92.679-25.517
TTM92.679YOY57.544+35.135
TTM92.6795Y52.737+39.942
5Y52.73710Y26.369+26.369
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD70.62919.754+50.875
MRQ67.16217.571+49.591
TTM92.67918.106+74.573
YOY57.54417.287+40.257
5Y52.73721.896+30.841
10Y26.36928.391-2.022
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Marel hf:

  • The EOD is 9.212. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.760. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -11.955. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD9.212MRQ8.760+0.452
MRQ8.760TTM-11.955+20.716
TTM-11.955YOY-77.490+65.535
TTM-11.9555Y-25.300+13.344
5Y-25.30010Y-12.650-12.650
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD9.212-0.578+9.790
MRQ8.760-0.533+9.293
TTM-11.9553.254-15.209
YOY-77.4900.110-77.600
5Y-25.3001.097-26.397
10Y-12.6501.746-14.396
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Marel is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 2.24 means the investor is paying €2.24 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Marel hf:

  • The EOD is 2.360. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.244. Based on the equity, the company is underpriced. +1
  • The TTM is 2.267. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.360MRQ2.244+0.116
MRQ2.244TTM2.267-0.023
TTM2.267YOY2.957-0.691
TTM2.2675Y3.182-0.915
5Y3.18210Y1.591+1.591
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD2.3602.101+0.259
MRQ2.2442.043+0.201
TTM2.2672.171+0.096
YOY2.9572.206+0.751
5Y3.1822.431+0.751
10Y1.5912.869-1.278
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Marel hf compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0130.005-382%0.002-774%0.032-141%0.021-163%
Book Value Per Share--1.3821.377+0%1.348+2%1.265+9%0.954+45%
Current Ratio--1.2551.133+11%1.141+10%1.213+3%1.130+11%
Debt To Asset Ratio--0.5990.611-2%0.597+0%0.546+10%0.567+6%
Debt To Equity Ratio--1.4961.569-5%1.520-2%1.261+19%1.373+9%
Dividend Per Share--0.0000.004-100%0.013-100%0.019-100%0.012-100%
Eps--0.0120.010+12%0.019-40%0.026-56%0.025-54%
Free Cash Flow Per Share--0.0880.017+413%-0.012+114%0.023+280%0.027+226%
Free Cash Flow To Equity Per Share--0.0100.002+323%0.159-94%0.045-78%0.037-74%
Gross Profit Margin---6.253-9.063+45%-3.744-40%-3.054-51%-2.425-61%
Intrinsic Value_10Y_max--4.753--------
Intrinsic Value_10Y_min--1.244--------
Intrinsic Value_1Y_max--0.162--------
Intrinsic Value_1Y_min--0.065--------
Intrinsic Value_3Y_max--0.726--------
Intrinsic Value_3Y_min--0.249--------
Intrinsic Value_5Y_max--1.579--------
Intrinsic Value_5Y_min--0.489--------
Market Cap2457877052.160+5%2337248100.0002350770302.500-1%3023953248.475-23%3100327085.821-25%1550163542.911+51%
Net Profit Margin--0.0190.018+8%0.035-45%0.059-67%0.065-70%
Operating Margin--0.0460.053-14%0.061-25%0.089-49%0.097-53%
Operating Ratio--0.9420.9450%0.9440%0.909+4%0.902+4%
Pb Ratio2.360+5%2.2442.267-1%2.957-24%3.182-29%1.591+41%
Pe Ratio70.629+5%67.16292.679-28%57.544+17%52.737+27%26.369+155%
Price Per Share3.260+5%3.1003.118-1%3.973-22%4.090-24%2.045+52%
Price To Free Cash Flow Ratio9.212+5%8.760-11.955+236%-77.490+985%-25.300+389%-12.650+244%
Price To Total Gains Ratio-250.936-5%-238.620-654.812+174%139.748-271%-48.237-80%-48.237-80%
Quick Ratio--0.6240.526+19%55.406-99%14.377-96%7.260-91%
Return On Assets--0.0030.003+15%0.006-44%0.010-68%0.012-72%
Return On Equity--0.0080.007+12%0.014-42%0.022-62%0.029-71%
Total Gains Per Share---0.0130.009-252%0.015-188%0.051-125%0.032-140%
Usd Book Value--1130969280.0001127114690.000+0%1111886345.000+2%1040304980.000+9%783204912.800+44%
Usd Book Value Change Per Share---0.0140.005-382%0.002-774%0.035-141%0.022-163%
Usd Book Value Per Share--1.5001.495+0%1.463+2%1.373+9%1.036+45%
Usd Dividend Per Share--0.0000.004-100%0.014-100%0.021-100%0.013-100%
Usd Eps--0.0130.011+12%0.021-40%0.029-56%0.027-54%
Usd Free Cash Flow--72422860.00014115400.000+413%-10043650.000+114%19158941.000+278%22236233.925+226%
Usd Free Cash Flow Per Share--0.0960.019+413%-0.013+114%0.025+280%0.029+226%
Usd Free Cash Flow To Equity Per Share--0.0110.002+323%0.173-94%0.049-78%0.040-74%
Usd Market Cap2668762903.235+5%2537783986.9802552466394.455-1%3283408437.194-23%3366335149.785-25%1683167574.892+51%
Usd Price Per Share3.540+5%3.3663.385-1%4.313-22%4.441-24%2.220+52%
Usd Profit--9446460.0008414950.000+12%15934115.000-41%21661710.000-56%20695863.755-54%
Usd Revenue--486438400.000467274030.000+4%463826615.000+5%396990196.000+23%327078981.415+49%
Usd Total Gains Per Share---0.0140.009-252%0.016-188%0.056-125%0.035-140%
 EOD+3 -5MRQTTM+25 -11YOY+12 -245Y+10 -2610Y+11 -25

3.2. Fundamental Score

Let's check the fundamental score of Marel hf based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1570.629
Price to Book Ratio (EOD)Between0-12.360
Net Profit Margin (MRQ)Greater than00.019
Operating Margin (MRQ)Greater than00.046
Quick Ratio (MRQ)Greater than10.624
Current Ratio (MRQ)Greater than11.255
Debt to Asset Ratio (MRQ)Less than10.599
Debt to Equity Ratio (MRQ)Less than11.496
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.003
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Marel hf based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.378
Ma 20Greater thanMa 503.218
Ma 50Greater thanMa 1003.213
Ma 100Greater thanMa 2003.226
OpenGreater thanClose3.300
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Tax Provision  3,800-2,9009001,2002,1003002,400-2,700-300
Income Tax Expense  3,800-2,9009001,2002,1003002,400-2,700-300



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets2,599,800
Total Liabilities1,558,200
Total Stockholder Equity1,041,600
 As reported
Total Liabilities 1,558,200
Total Stockholder Equity+ 1,041,600
Total Assets = 2,599,800

Assets

Total Assets2,599,800
Total Current Assets768,200
Long-term Assets1,831,600
Total Current Assets
Cash And Cash Equivalents 69,900
Short-term Investments -584
Net Receivables 312,822
Inventory 352,500
Other Current Assets 32,230
Total Current Assets  (as reported)768,200
Total Current Assets  (calculated)766,868
+/- 1,332
Long-term Assets
Property Plant Equipment 385,100
Goodwill 859,000
Intangible Assets 541,200
Long-term Assets Other 16
Long-term Assets  (as reported)1,831,600
Long-term Assets  (calculated)1,785,316
+/- 46,284

Liabilities & Shareholders' Equity

Total Current Liabilities612,100
Long-term Liabilities946,100
Total Stockholder Equity1,041,600
Total Current Liabilities
Short-term Debt 11,200
Accounts payable 98,700
Other Current Liabilities 207,838
Total Current Liabilities  (as reported)612,100
Total Current Liabilities  (calculated)317,738
+/- 294,362
Long-term Liabilities
Long term Debt 819,800
Capital Lease Obligations 41,000
Long-term Liabilities  (as reported)946,100
Long-term Liabilities  (calculated)860,800
+/- 85,300
Total Stockholder Equity
Common Stock6,700
Retained Earnings 640,000
Accumulated Other Comprehensive Income 75,237
Other Stockholders Equity 319,663
Total Stockholder Equity (as reported)1,041,600
Total Stockholder Equity (calculated)1,041,600
+/-0
Other
Capital Stock6,700
Cash and Short Term Investments 69,900
Common Stock Shares Outstanding 753,951
Current Deferred Revenue294,362
Liabilities and Stockholders Equity 2,599,800
Net Debt 790,900
Net Invested Capital 1,861,400
Net Working Capital 156,100
Property Plant and Equipment Gross 694,600
Short Long Term Debt Total 860,800



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
882,882
880,060
895,150
907,169
877,623
844,342
841,487
863,845
877,818
912,650
0
880,252
865,128
882,369
865,913
857,480
839,568
840,293
849,521
862,744
851,440
939,319
925,313
917,646
938,155
1,399,344
1,387,079
1,376,472
1,392,428
1,389,002
1,374,415
1,414,577
1,440,600
1,465,700
1,481,100
1,545,100
1,565,900
1,585,000
1,845,100
1,845,800
1,861,200
2,245,600
1,707,000
1,611,200
1,814,900
1,872,300
1,873,000
1,888,600
2,005,000
2,071,200
2,736,100
2,820,000
2,696,400
2,714,200
2,678,100
2,673,600
2,599,800
2,599,8002,673,6002,678,1002,714,2002,696,4002,820,0002,736,1002,071,2002,005,0001,888,6001,873,0001,872,3001,814,9001,611,2001,707,0002,245,6001,861,2001,845,8001,845,1001,585,0001,565,9001,545,1001,481,1001,465,7001,440,6001,414,5771,374,4151,389,0021,392,4281,376,4721,387,0791,399,344938,155917,646925,313939,319851,440862,744849,521840,293839,568857,480865,913882,369865,128880,2520912,650877,818863,845841,487844,342877,623907,169895,150880,060882,882000
   > Total Current Assets 
0
0
0
289,061
280,466
288,599
311,344
279,045
252,074
251,423
269,916
274,447
311,575
0
269,538
253,759
269,656
253,322
246,235
227,290
226,854
234,983
248,625
245,315
336,408
332,319
327,566
342,253
345,367
336,154
334,149
352,772
355,546
344,138
356,776
380,000
380,100
383,200
423,000
434,000
448,000
705,400
712,200
715,600
1,104,900
569,900
472,800
532,740
562,700
569,300
581,400
642,600
701,600
889,800
955,700
867,200
878,700
827,200
809,300
768,200
768,200809,300827,200878,700867,200955,700889,800701,600642,600581,400569,300562,700532,740472,800569,9001,104,900715,600712,200705,400448,000434,000423,000383,200380,100380,000356,776344,138355,546352,772334,149336,154345,367342,253327,566332,319336,408245,315248,625234,983226,854227,290246,235253,322269,656253,759269,5380311,575274,447269,916251,423252,074279,045311,344288,599280,466289,061000
       Cash And Cash Equivalents 
0
0
0
46,022
83,168
66,321
86,685
51,399
37,590
29,578
32,604
30,182
32,217
0
13,364
15,945
14,726
21,276
14,583
19,793
19,429
17,362
25,839
24,566
93,694
87,457
92,119
92,976
31,273
20,011
22,546
45,523
29,515
25,004
25,793
31,900
19,100
27,900
33,800
56,300
50,100
276,700
294,600
303,700
695,100
153,400
76,900
78,600
101,600
85,600
66,200
77,100
63,600
100,200
79,600
75,700
63,800
50,500
60,000
69,900
69,90060,00050,50063,80075,70079,600100,20063,60077,10066,20085,600101,60078,60076,900153,400695,100303,700294,600276,70050,10056,30033,80027,90019,10031,90025,79325,00429,51545,52322,54620,01131,27392,97692,11987,45793,69424,56625,83917,36219,42919,79314,58321,27614,72615,94513,364032,21730,18232,60429,57837,59051,39986,68566,32183,16846,022000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
481,373
0
41,162
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2,100
0
0
0
0
0
-563
-1,596
-1,463
-3,751
-5,207
-5,776
-584
-584-5,776-5,207-3,751-1,463-1,596-56300000-2,1000000000000000000000000000000000041,1620481,373000000000000
       Net Receivables 
0
0
0
124,111
103,172
102,543
111,728
116,193
105,627
104,566
107,986
106,103
122,633
0
0
0
0
0
0
115,700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
232,800
229,200
225,900
207,600
254,200
240,500
244,300
253,600
33,107,000
35,828,000
40,238,000
46,122,000
43,042,000
419,424
285,455
279,245
312,822
312,822279,245285,455419,42443,042,00046,122,00040,238,00035,828,00033,107,000253,600244,300240,500254,200207,600225,900229,200232,80000000000000000000000000115,700000000122,633106,103107,986104,566105,627116,193111,728102,543103,172124,111000
       Other Current Assets 
0
0
0
37,874
17,556
35,636
28,591
30,863
25,167
28,405
33,346
38,798
53,851
0
110,918
138,636
152,432
132,756
132,877
1
114,357
120,941
126,916
132,299
151,164
153,173
139,237
149,895
195,281
194,356
187,911
184,999
205,345
198,488
207,853
223,700
231,600
222,400
242,000
227,800
238,800
263,400
247,900
245,100
236,000
233,600
215,300
40
254,800
258,200
263,400
292,100
337,000
397,000
-45,676,300
-42,654,100
301
101,855
94,758
32,230
32,23094,758101,855301-42,654,100-45,676,300397,000337,000292,100263,400258,200254,80040215,300233,600236,000245,100247,900263,400238,800227,800242,000222,400231,600223,700207,853198,488205,345184,999187,911194,356195,281149,895139,237153,173151,164132,299126,916120,941114,3571132,877132,756152,432138,636110,918053,85138,79833,34628,40525,16730,86328,59135,63617,55637,874000
   > Long-term Assets 
0
0
0
593,821
599,594
606,551
595,825
598,578
592,268
590,064
593,929
603,371
601,075
0
610,714
611,369
612,713
612,591
611,245
612,278
613,439
614,538
614,119
606,125
602,911
592,994
590,080
595,902
1,053,977
1,050,925
1,042,323
1,039,656
1,033,456
1,030,277
1,057,801
1,060,600
1,085,600
1,097,900
1,122,100
1,131,900
1,137,000
1,139,700
1,133,600
1,145,600
1,140,700
1,137,100
1,138,400
1,282,200
1,309,600
1,303,700
1,307,200
1,362,400
1,369,600
1,846,300
1,864,300
1,829,200
1,835,500
1,850,900
1,864,300
1,831,600
1,831,6001,864,3001,850,9001,835,5001,829,2001,864,3001,846,3001,369,6001,362,4001,307,2001,303,7001,309,6001,282,2001,138,4001,137,1001,140,7001,145,6001,133,6001,139,7001,137,0001,131,9001,122,1001,097,9001,085,6001,060,6001,057,8011,030,2771,033,4561,039,6561,042,3231,050,9251,053,977595,902590,080592,994602,911606,125614,119614,538613,439612,278611,245612,591612,713611,369610,7140601,075603,371593,929590,064592,268598,578595,825606,551599,594593,821000
       Property Plant Equipment 
0
0
0
115,332
114,874
114,070
109,799
109,418
106,828
105,172
104,758
108,088
107,247
0
106,837
108,034
107,491
105,408
105,244
104,707
104,823
99,172
97,705
96,139
93,341
86,484
85,155
89,005
109,172
112,869
113,652
118,991
120,413
126,880
138,246
144,700
177,600
184,300
198,100
208,900
213,400
214,200
213,700
217,800
215,400
213,100
219,100
240,030
245,700
252,000
256,000
269,200
274,000
357,300
371,700
366,900
376,000
384,700
388,600
385,100
385,100388,600384,700376,000366,900371,700357,300274,000269,200256,000252,000245,700240,030219,100213,100215,400217,800213,700214,200213,400208,900198,100184,300177,600144,700138,246126,880120,413118,991113,652112,869109,17289,00585,15586,48493,34196,13997,70599,172104,823104,707105,244105,408107,491108,034106,8370107,247108,088104,758105,172106,828109,418109,799114,070114,874115,332000
       Goodwill 
0
0
0
377,959
379,416
381,422
379,331
379,879
378,166
377,707
378,931
380,419
0
0
0
379,984
380,328
379,730
379,174
378,708
378,780
385,153
386,791
387,103
389,738
389,671
388,811
389,407
634,542
633,993
633,425
635,180
634,498
633,062
647,956
643,900
643,000
640,300
654,100
641,300
642,100
644,100
644,600
645,800
644,100
643,700
642,300
678,800
690,700
683,100
687,000
705,200
707,600
898,000
901,700
859,200
856,600
861,500
866,800
859,000
859,000866,800861,500856,600859,200901,700898,000707,600705,200687,000683,100690,700678,800642,300643,700644,100645,800644,600644,100642,100641,300654,100640,300643,000643,900647,956633,062634,498635,180633,425633,993634,542389,407388,811389,671389,738387,103386,791385,153378,780378,708379,174379,730380,328379,984000380,419378,931377,707378,166379,879379,331381,422379,416377,959000
       Intangible Assets 
0
0
0
85,433
88,547
93,237
90,737
92,884
92,656
93,154
96,304
100,073
0
0
0
112,779
115,189
117,417
117,001
118,561
118,715
119,253
120,223
114,916
110,447
107,777
105,708
107,018
300,387
293,707
286,069
277,458
270,413
262,810
260,712
262,700
259,500
258,500
256,100
267,000
265,100
259,300
255,100
252,400
250,200
247,400
245,400
331,000
345,900
342,500
338,100
357,200
357,200
556,000
557,700
562,300
557,500
558,300
559,900
541,200
541,200559,900558,300557,500562,300557,700556,000357,200357,200338,100342,500345,900331,000245,400247,400250,200252,400255,100259,300265,100267,000256,100258,500259,500262,700260,712262,810270,413277,458286,069293,707300,387107,018105,708107,777110,447114,916120,223119,253118,715118,561117,001117,417115,189112,779000100,07396,30493,15492,65692,88490,73793,23788,54785,433000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,000
15,400
15,500
14,300
-40
15,600
14,800
14,800
18,100
18,900
23,900
29,200
31,600
38,100
34,000
0
0
0034,00038,10031,60029,20023,90018,90018,10014,80014,80015,600-4014,30015,50015,40014,0000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
0
559,085
549,577
560,614
573,175
534,354
488,057
487,196
500,414
504,347
534,795
0
483,524
461,380
479,155
455,969
442,249
420,229
422,162
429,787
434,357
423,942
506,706
488,415
483,307
491,416
935,472
899,079
871,385
866,855
863,496
847,925
877,704
898,400
960,100
945,000
1,015,000
1,005,000
1,061,100
933,200
898,700
905,400
1,342,900
815,100
695,200
856,200
931,600
912,500
907,200
981,900
1,052,200
1,721,700
1,785,400
1,668,300
1,687,100
1,646,000
1,622,200
1,558,200
1,558,2001,622,2001,646,0001,687,1001,668,3001,785,4001,721,7001,052,200981,900907,200912,500931,600856,200695,200815,1001,342,900905,400898,700933,2001,061,1001,005,0001,015,000945,000960,100898,400877,704847,925863,496866,855871,385899,079935,472491,416483,307488,415506,706423,942434,357429,787422,162420,229442,249455,969479,155461,380483,5240534,795504,347500,414487,196488,057534,354573,175560,614549,577559,085000
   > Total Current Liabilities 
0
0
0
179,950
171,761
185,136
206,226
200,931
194,573
198,264
219,893
221,960
238,934
0
197,515
194,683
217,925
198,184
179,466
178,249
187,129
201,601
211,743
219,665
244,151
234,582
228,229
248,186
359,816
357,234
349,961
366,076
382,502
390,543
429,160
451,800
486,800
480,900
484,000
477,700
502,100
492,500
455,100
469,300
499,800
475,800
452,000
488,600
545,800
543,400
557,500
596,900
658,400
758,600
766,800
803,100
825,100
753,900
727,100
612,100
612,100727,100753,900825,100803,100766,800758,600658,400596,900557,500543,400545,800488,600452,000475,800499,800469,300455,100492,500502,100477,700484,000480,900486,800451,800429,160390,543382,502366,076349,961357,234359,816248,186228,229234,582244,151219,665211,743201,601187,129178,249179,466198,184217,925194,683197,5150238,934221,960219,893198,264194,573200,931206,226185,136171,761179,950000
       Short-term Debt 
0
0
0
15,409
17,934
17,577
15,403
9,898
16,724
16,664
27,031
27,062
19,423
0
73,427
19,440
19,416
19,425
19,537
22,077
18,687
18,682
18,654
18,635
18,591
18,601
18,462
18,449
24,140
24,113
24,401
24,117
24,233
25,663
28,231
26,200
31,700
30,900
30,900
31,500
32,900
33,300
33,400
39,400
8,700
8,400
8,800
10,000
9,700
9,800
10,300
10,500
10,200
10,600
10,800
132,300
130,100
131,000
132,500
11,200
11,200132,500131,000130,100132,30010,80010,60010,20010,50010,3009,8009,70010,0008,8008,4008,70039,40033,40033,30032,90031,50030,90030,90031,70026,20028,23125,66324,23324,11724,40124,11324,14018,44918,46218,60118,59118,63518,65418,68218,68722,07719,53719,42519,41619,44073,427019,42327,06227,03116,66416,7249,89815,40317,57717,93415,409000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,600
0
0
0
0
0
0
0
0
0
0
0
121,500
121,600
121,800
121,000
0
0121,000121,800121,600121,5000000000000030,6000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
116,281
100,153
103,709
116,981
107,783
106,356
116,616
120,743
125,570
130,356
0
117,897
55,562
136,474
122,470
107,004
48,731
114,135
121,961
119,944
51,757
136,954
128,592
120,615
52,392
170,594
171,415
160,804
73,003
170,932
165,029
164,503
195,900
192,600
197,700
202,400
217,000
230,500
222,700
211,300
200,500
247,000
90,200
86,700
222,700
88,300
97,700
87,600
117,100
110,700
133,800
131,300
129,100
350,900
311,700
292,700
98,700
98,700292,700311,700350,900129,100131,300133,800110,700117,10087,60097,70088,300222,70086,70090,200247,000200,500211,300222,700230,500217,000202,400197,700192,600195,900164,503165,029170,93273,003160,804171,415170,59452,392120,615128,592136,95451,757119,944121,961114,13548,731107,004122,470136,47455,562117,8970130,356125,570120,743116,616106,356107,783116,981103,709100,153116,281000
       Other Current Liabilities 
0
0
0
46,676
49,220
59,761
69,224
78,306
66,670
60,359
67,615
64,029
82,483
0
2,223
116,591
57,715
1
48,645
103,915
50,779
57,147
67,320
145,088
83,532
82,379
82,787
174,124
159,550
151,432
149,792
259,875
172,987
190,901
224,547
218,700
249,900
236,700
232,800
219,900
222,500
218,200
206,400
225,700
239,100
373,400
351,600
247,100
435,000
420,900
447,200
469,300
537,500
234,050
237,156
218,699
26,242
22,143
11,087
207,838
207,83811,08722,14326,242218,699237,156234,050537,500469,300447,200420,900435,000247,100351,600373,400239,100225,700206,400218,200222,500219,900232,800236,700249,900218,700224,547190,901172,987259,875149,792151,432159,550174,12482,78782,37983,532145,08867,32057,14750,779103,91548,645157,715116,5912,223082,48364,02967,61560,35966,67078,30669,22459,76149,22046,676000
   > Long-term Liabilities 
0
0
0
379,135
377,816
375,478
366,949
333,423
293,484
288,932
280,521
282,387
295,861
0
286,009
266,697
261,230
257,785
262,783
241,980
235,033
228,186
222,614
204,277
262,555
253,833
255,078
243,230
575,656
541,845
521,424
500,779
480,994
457,382
448,544
446,600
473,300
464,100
531,000
527,300
559,000
440,700
443,600
436,100
843,100
339,300
243,200
367,600
385,800
369,100
349,700
385,000
393,800
963,100
1,018,600
865,200
862,000
892,100
895,100
946,100
946,100895,100892,100862,000865,2001,018,600963,100393,800385,000349,700369,100385,800367,600243,200339,300843,100436,100443,600440,700559,000527,300531,000464,100473,300446,600448,544457,382480,994500,779521,424541,845575,656243,230255,078253,833262,555204,277222,614228,186235,033241,980262,783257,785261,230266,697286,0090295,861282,387280,521288,932293,484333,423366,949375,478377,816379,135000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,200
68,600
69,000
70,000
90,100
105,600
108,500
105,300
118,800
102,400
103,500
106,500
105,100
96,700
0
0
0
00096,700105,100106,500103,500102,400118,800105,300108,500105,60090,10070,00069,00068,60071,2000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
323,797
330,483
334,536
333,994
343,269
356,285
354,291
363,431
373,471
377,855
0
396,728
403,748
403,214
409,944
415,231
419,339
418,131
419,734
428,387
427,498
432,613
436,898
434,339
446,739
463,872
488,000
505,087
525,359
525,342
526,297
536,668
541,900
505,400
535,900
529,700
560,700
523,700
911,700
946,800
955,500
902,400
891,600
915,700
958,400
931,900
952,000
973,300
1,015,100
1,018,900
1,014,400
1,034,600
1,028,100
1,027,100
1,032,100
1,051,400
1,041,600
1,041,6001,051,4001,032,1001,027,1001,028,1001,034,6001,014,4001,018,9001,015,100973,300952,000931,900958,400915,700891,600902,400955,500946,800911,700523,700560,700529,700535,900505,400541,900536,668526,297525,342525,359505,087488,000463,872446,739434,339436,898432,613427,498428,387419,734418,131419,339415,231409,944403,214403,748396,7280377,855373,471363,431354,291356,285343,269333,994334,536330,483323,797000
   Common Stock
0
0
0
6,674
6,674
6,674
6,674
6,694
6,728
6,728
6,728
6,667
6,644
0
6,690
6,691
6,700
6,713
6,727
6,727
6,726
6,727
6,696
6,664
6,638
6,529
6,438
6,445
6,544
6,563
6,563
6,531
6,508
6,469
6,431
6,300
6,300
6,200
6,100
6,100
6,000
6,800
6,800
6,800
6,800
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,700
6,7006,7006,7006,7006,7006,7006,7006,7006,7006,7006,7006,7006,7006,7006,7006,8006,8006,8006,8006,0006,1006,1006,2006,3006,3006,4316,4696,5086,5316,5636,5636,5446,4456,4386,5296,6386,6646,6966,7276,7266,7276,7276,7136,7006,6916,69006,6446,6676,7286,7286,7286,6946,6746,6746,6746,674000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
-103,041
0
-105,967
-109,378
-113,228
-114,536
0
-119,685
-120,203
-123,384
-121,387
-122,039
-122,250
-124,239
-128,605
-131,282
-127,524
-129,312
-125,012
-123,727
-124,667
-143,460
-145,089
-146,522
-147,071
-151,986
-152,021
-157,792
-160,400
-157,000
-161,300
-162,800
-167,600
-171,400
-176,600
-176,000
-175,400
-168,300
-178,800
-182,000
-181,770
-199,700
-205,200
0
0
0
-16,915
-6,096
-33,266
-33,453
89,949
99,486
75,237
75,23799,48689,949-33,453-33,266-6,096-16,915000-205,200-199,700-181,770-182,000-178,800-168,300-175,400-176,000-176,600-171,400-167,600-162,800-161,300-157,000-160,400-157,792-152,021-151,986-147,071-146,522-145,089-143,460-124,667-123,727-125,012-129,312-127,524-131,282-128,605-124,239-122,250-122,039-121,387-123,384-120,203-119,6850-114,536-113,228-109,378-105,9670-103,0410000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
307,045
308,120
312,054
309,116
415,914
316,801
420,598
422,724
421,716
421,224
0
429,354
429,742
433,694
433,075
432,491
433,105
435,721
440,829
442,342
434,680
432,212
412,565
394,116
397,485
430,864
434,229
435,440
433,646
432,508
414,913
407,913
382,100
347,100
352,600
321,400
319,000
290,400
648,600
649,700
647,600
617,900
586,800
584,600
597,070
608,300
609,000
401,400
414,600
435,400
421,300
432,500
406,800
405,800
317,551
316,514
319,663
319,663316,514317,551405,800406,800432,500421,300435,400414,600401,400609,000608,300597,070584,600586,800617,900647,600649,700648,600290,400319,000321,400352,600347,100382,100407,913414,913432,508433,646435,440434,229430,864397,485394,116412,565432,212434,680442,342440,829435,721433,105432,491433,075433,694429,742429,3540421,224421,716422,724420,598316,801415,914309,116312,054308,120307,045000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.