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Wienerberger AG Sponsored ADR (WBRBY)
:WBRBY

Wienerberger (WBRBY) AI Stock Analysis

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Wienerberger

(OTC:WBRBY)

73Outperform
Wienerberger's overall stock score reflects strong financial health and positive technical momentum, balanced by valuation concerns and market challenges. The company's stable revenue, effective cash management, and strategic growth plans highlight its resilience. However, high P/E ratio and cost pressures warrant cautious optimism.

Wienerberger (WBRBY) vs. S&P 500 (SPY)

Wienerberger Business Overview & Revenue Model

Company DescriptionWienerberger AG is a leading international provider of smart building materials and infrastructure solutions, headquartered in Vienna, Austria. The company operates in sectors such as construction and infrastructure, focusing on producing clay building materials, concrete pavers, and pipes for energy, water, and wastewater management. With a strong emphasis on innovation and sustainability, Wienerberger serves a diverse customer base across Europe and North America.
How the Company Makes MoneyWienerberger AG generates revenue primarily through the sale of its building materials and infrastructure solutions. The company's key revenue streams include the production and distribution of clay blocks, roof tiles, and ceramic pipe systems, which are used in residential, commercial, and industrial construction projects. Additionally, its concrete pavers and plastic pipe systems contribute to infrastructure development and urban planning. Wienerberger leverages its extensive manufacturing network and strategic partnerships with contractors and distributors to ensure a steady flow of income. The company's focus on sustainable and energy-efficient products also positions it favorably in markets with increasing demand for environmentally conscious construction solutions.

Wienerberger Financial Statement Overview

Summary
Wienerberger demonstrates strong financial health with a stable revenue trajectory and a robust balance sheet, eliminating debt. Despite a drop in profit margins, the company shows effective cash management with improved cash flows, indicating resilient financial performance.
Income Statement
68
Positive
Wienerberger's gross profit margin remains solid at 35.7% for 2024, despite a decline from 2023. The net profit margin dropped significantly to 1.77% in 2024 due to decreased net income. Revenue growth showed a 6.83% increase from 2023 to 2024, indicating resilience in sales. However, reduced EBIT and EBITDA margins suggest declining operational efficiency.
Balance Sheet
75
Positive
The company has improved its equity position, evident in its increased stockholders' equity. The lack of total debt in 2024 is a positive shift, marking a strong balance sheet position. The equity ratio is healthy at 44.5%, indicating a well-capitalized structure. However, past fluctuations in debt levels highlight potential volatility.
Cash Flow
72
Positive
Wienerberger's operating cash flow to net income ratio is robust, showing strong cash generation relative to earnings. Free cash flow grew by 100.32% from 2023 to 2024, illustrating significant improvement. The company demonstrates efficient cash management despite potential risks in net income volatility.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
4.51B4.22B4.98B3.97B3.29B
Gross Profit
1.61B1.61B1.95B1.42B1.10B
EBIT
294.10M500.68M721.19M420.44M192.47M
EBITDA
621.77M787.42M1.01B661.30M425.86M
Net Income Common Stockholders
79.76M334.36M567.91M311.89M99.64M
Balance SheetCash, Cash Equivalents and Short-Term Investments
373.96M420.19M305.58M370.59M672.69M
Total Assets
6.42B5.47B5.20B4.90B4.33B
Total Debt
0.001.70B1.45B1.54B1.60B
Net Debt
-261.76M1.29B1.15B1.17B931.37M
Total Liabilities
3.54B2.81B2.75B2.75B2.58B
Stockholders Equity
2.86B2.66B2.45B2.15B1.75B
Cash FlowFree Cash Flow
277.17M138.36M371.23M230.81M303.60M
Operating Cash Flow
589.54M409.95M723.80M510.56M504.67M
Investing Cash Flow
-913.81M-322.95M-332.80M-666.70M-147.84M
Financing Cash Flow
162.09M38.76M-448.79M-147.62M183.25M

Wienerberger Technical Analysis

Technical Analysis Sentiment
Positive
Last Price6.93
Price Trends
50DMA
6.67
Positive
100DMA
6.13
Positive
200DMA
6.35
Positive
Market Momentum
MACD
0.06
Positive
RSI
44.54
Neutral
STOCH
6.63
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WBRBY, the sentiment is Positive. The current price of 6.93 is below the 20-day moving average (MA) of 7.42, above the 50-day MA of 6.67, and above the 200-day MA of 6.35, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 44.54 is Neutral, neither overbought nor oversold. The STOCH value of 6.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WBRBY.

Wienerberger Peers Comparison

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
CRCRH
75
Outperform
£59.74B17.5716.07%1.95%1.78%15.53%
73
Outperform
$3.63B42.352.42%1.77%
VMVMC
72
Outperform
$30.77B34.0011.79%0.79%-4.68%-1.73%
CXCX
66
Neutral
$8.58B9.148.39%1.09%-5.07%417.07%
EXEXP
66
Neutral
$7.36B15.7933.51%0.45%0.64%-1.15%
MLMLM
63
Neutral
$29.15B14.7622.83%0.64%-3.56%70.93%
47
Neutral
$2.65B-3.07-22.25%3.27%3.70%-29.53%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
WBRBY
Wienerberger
6.82
-0.18
-2.57%
CX
Cemex SAB
5.70
-3.20
-35.96%
EXP
Eagle Materials
221.93
-41.01
-15.60%
MLM
Martin Marietta Materials
478.13
-120.51
-20.13%
VMC
Vulcan Materials
233.30
-30.94
-11.71%
CRH
CRH plc
87.97
4.90
5.90%

Wienerberger Earnings Call Summary

Earnings Call Date: Feb 26, 2025 | % Change Since: 9.31% | Next Earnings Date: May 20, 2025
Earnings Call Sentiment Neutral
The earnings call presented a balanced view of Wienerberger's performance, with strong financial metrics and strategic acquisitions contributing positively. However, challenges in the residential housing market and cost pressures were notable concerns, leading to a cautious outlook for 2025.
Highlights
Strong Operating EBITDA
Wienerberger achieved an operating EBITDA of EUR 760 million, making it the third-best year despite volatile market conditions.
Free Cash Flow Enhancement
The company reported a free cash flow of nearly EUR 420 million, showing significant improvement due to efficient working capital management.
Successful Terreal Acquisition
The integration of Terreal is moving faster than expected, contributing to the Roofing segment's strong EBITDA margin of over 20%.
Piping Segment Growth
The Piping segment is now over 30% of Wienerberger's revenues, showing significant expansion and a high margin of 19%.
Dividend Increase
Wienerberger proposes a 5.6% increase in dividend to EUR 0.95 per share, reflecting confidence in its business model.
Lowlights
New Residential Housing Decline
The new residential housing market saw a significant decline in both North America and Europe due to high interest rates and political instability.
Cost Challenges
The company faced challenges with energy and resin costs, impacting the cost structure, particularly in Eastern Europe and the piping business.
Restructuring and Workforce Reduction
Wienerberger underwent substantial restructuring, resulting in a workforce reduction of approximately 1,000 employees.
Price/Cost Spread Pressure
The company expects a slightly negative price/cost effect in the first quarter of 2025 due to spillover effects from 2024.
Company Guidance
In the Wienerberger conference call for fiscal year 2024, the company reported a strong performance despite challenging market conditions. Operating EBITDA reached EUR 760 million, marking the third-best year for the company, driven by the resilience of its business model and the dedication of over 20,000 employees. The CEO, Heimo Scheuch, highlighted the company's efforts in HR development and training as a key factor in this success. The segment breakdown revealed that the roofing division achieved an EBITDA margin above 20%, while the piping segment grew to comprise over 30% of the group's revenues. The company generated nearly EUR 420 million in free cash flow and reported cost savings of approximately EUR 100 million. Looking forward, Wienerberger expects stable market conditions in 2025 and plans to maintain a disciplined approach in capital allocation, with a focus on growth and sustainability investments. The CEO provided guidance for an operating EBITDA of around EUR 800 million for 2025, assuming stable end markets and anticipated interest rate cuts.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.