Cash flow PEH Wertpapier AG

Stocks

PEH

DE0006201403

Investment Management & Fund Operators

Market Closed - Deutsche Boerse AG 11:05:40 2026-09-03 EDT			5-day change	1st Jan Change
33.00 ^EUR	-2.94%		+5.77%	+29.92%

08-20	PEH Wertpapier AG Reports Earnings Results for the Half Year Ended June 30, 2026	CI
07-12	PEH Wertpapier AG announces Annual dividend, payable on August 26, 2026	CI

5b025d71954b835963d4.s3MWTLm1klSN7sPlhpelTPECcWf91aVRG9jfpKVNbaE.gzl-PInP93nGiIG_v6fRD5VLLiWFh-EXLa6dlJQHI9nxJGA5j9zANeGMig

Published financial data: PEH WERTPAPIER AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	191M	126M	136M	167M	209M
Interest And Invest. Income (Rev)	-	-	-	-	-
Total Revenues	191M	126M	136M	167M	209M
Cost of Goods Sold, Total	154M	91.45M	99.47M	128M	165M
Gross Profit	36.48M	34.35M	36.19M	39.32M	43.9M
Selling General & Admin Expenses, Total	23.54M	23.92M	26.96M	27.91M	30.25M
Depreciation & Amortization - (IS)	1.75M	1.83M	2M	2.32M	1.98M
Other Operating Expenses	-116K	-921K	-639K	-138K	-953K
Other Operating Expenses, Total	25.18M	24.83M	28.32M	30.09M	31.27M
Operating Income	11.31M	9.52M	7.87M	9.23M	12.62M
Interest Expense, Total	-71K	-145K	-95K	-320K	-86K
Interest And Investment Income	1.4M	267K	782K	682K	298K
Net Interest Expenses	1.33M	122K	687K	362K	212K
Income (Loss) On Equity Invest.	-	-	195K	73K	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-23K	-1.15M	5K	27K	802K
EBT, Excl. Unusual Items	12.61M	8.5M	8.76M	9.7M	13.64M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	424K	37.93K	502K	657K	91K
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Insurance Settlements	11K	6K	54K	10K	21K
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	13.05M	8.54M	9.31M	10.36M	13.75M
Income Tax Expense	3.38M	2.72M	2.79M	3.07M	3.83M
Earnings From Continuing Operations	9.66M	5.82M	6.52M	7.3M	9.92M
Net Income to Company	9.66M	5.82M	6.52M	7.3M	9.92M
Minority Interest	-3.58M	-3.56M	-2.99M	-3.22M	-4.47M
Net Income - (IS)	6.08M	2.26M	3.53M	4.08M	5.45M
Net Income to Common Incl Extra Items	6.08M	2.26M	3.53M	4.08M	5.45M
Net Income to Common Excl. Extra Items	6.08M	2.26M	3.53M	4.08M	5.45M
Per Share Items
Net EPS - Basic	3.72	1.38	2.16	2.49	3.33
Basic EPS - Continuing Operations	3.72	1.38	2.16	2.49	3.33
Basic Weighted Average Shares Outstanding	1.63M	1.63M	1.63M	1.63M	1.63M
Net EPS - Diluted	3.72	1.38	2.16	2.49	3.33
Diluted EPS - Continuing Operations	3.72	1.38	2.16	2.49	3.33
Diluted Weighted Average Shares Outstanding	1.63M	1.63M	1.63M	1.63M	1.63M
Normalized Basic EPS	2.63	1.07	1.52	1.74	2.48
Normalized Diluted EPS	2.63	1.07	1.52	1.74	2.48
Dividend Per Share	1.5	1.8	1.9	2	2
Payout Ratio	26.87	108.45	83.24	76.17	59.98
Supplemental Items
EBITDA	11.62M	9.85M	8.16M	9.6M	12.94M
EBITA	11.32M	9.53M	7.87M	9.26M	12.63M
EBIT	11.31M	9.52M	7.87M	9.23M	12.62M
EBITDAR	-	-	8.21M	-	-
Effective Tax Rate - (Ratio)	25.93	31.9	29.92	29.59	27.85
Total Current Taxes	3.32M	2.71M	2.68M	3.03M	3.74M
Total Deferred Taxes	60K	-91K	35K	-43K	7K
Normalized Net Income	4.3M	1.75M	2.48M	2.84M	4.05M
Interest on Long-Term Debt	51K	82K	79K	76K	64K
Non-Cash Pension Expense	55K	-151K	8K	7K	7K
Supplemental Operating Expense Items
Advertising Expense	736K	533K	603K	536K	525K
Selling and Marketing Expenses	736K	533K	603K	536K	525K
General and Administrative Expenses	7.6M	8.12M	9.05M	8.69M	10.02M
Net Rental Expense, Total	-	-	57K	-	-
Imputed Operating Lease Interest Expense	-	-	6.97K	-	-
Imputed Operating Lease Depreciation	-	-	50.03K	-	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	15.34M	20.82M	15.09M	15.24M	20.93M
Short Term Investments	5.89M	6.23M	8.46M	10.34M	5.1M
Total Cash And Short Term Investments	21.23M	27.06M	23.55M	25.58M	26.03M
Accounts Receivable, Total	77.74M	13M	19.91M	29.95M	50.05M
Other Receivables	3.45M	577K	867K	1.07M	478K
Notes Receivable	-	148K	-	-	-
Total Receivables	81.19M	13.72M	20.78M	31.02M	50.53M
Other Current Assets, Total	2.53M	3.96M	3.07M	2.41M	2.9M
Total Current Assets	105M	44.73M	47.39M	59.01M	79.46M
Gross Property Plant And Equipment	13.22M	14.18M	16.81M	17.63M	16.25M
Accumulated Depreciation	-6.39M	-7.86M	-9.44M	-11.08M	-10.95M
Net Property Plant And Equipment	6.82M	6.31M	7.37M	6.55M	5.3M
Long-term Investments	-	-	846K	802K	-
Goodwill	1.79M	1.79M	1.79M	1.79M	1.79M
Other Intangibles, Total	748K	1.13M	985K	530K	257K
Loans Receivable Long-Term	1.9M	-	-	-	-
Deferred Tax Assets Long-Term	-	35K	2K	200K	240K
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	264K	264K	266K	361K	5.07M
Total Assets	116M	54.26M	58.65M	69.25M	92.11M
Liabilities
Accounts Payable, Total	72.43M	10.13M	15.37M	24.3M	43.01M
Accrued Expenses, Total	4.72M	-	-	-	-
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	1.11M	1.13M	1.4M	1.4M	1.26M
Current Income Taxes Payable	2.36M	2.54M	907K	833K	858K
Other Current Liabilities	342K	4.36M	5.28M	6.4M	9.14M
Total Current Liabilities	80.97M	18.16M	22.95M	32.92M	54.26M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	5.22M	4.73M	5.17M	4.2M	3.22M
Pension & Other Post Retirement Benefits	421K	207K	209K	200K	183K
Deferred Tax Liability Non Current	30K	-	-	156K	200K
Other Non Current Liabilities	442K	561K	786K	998K	19K
Total Liabilities	87.08M	23.65M	29.12M	38.48M	57.88M
Common Stock, Total	1.81M	1.81M	1.81M	1.81M	1.81M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	14.96M	14.86M	15.77M	17.39M	21.78M
Treasury Stock	-3.46M	-3.46M	-3.46M	-3.46M	-3.46M
Comprehensive Income and Other	9.24M	9.24M	9.24M	9.24M	9.24M
Total Common Equity	22.55M	22.45M	23.36M	24.98M	29.37M
Minority Interest	6.85M	8.16M	6.17M	5.79M	4.86M
Total Equity	29.4M	30.61M	29.53M	30.77M	34.23M
Total Liabilities And Equity	116M	54.26M	58.65M	69.25M	92.11M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.63M	1.63M	1.63M	1.63M	1.63M
ECS Total Common Shares Outstanding	1.63M	1.63M	1.63M	1.63M	1.63M
Book Value / Share	13.8	13.74	14.3	15.29	17.98
Tangible Book Value	20.01M	19.53M	20.59M	22.66M	27.32M
Tangible Book Value Per Share	12.25	11.95	12.6	13.87	16.73
Total Debt	6.33M	5.86M	6.57M	5.6M	4.48M
Net Debt	-14.9M	-21.2M	-16.98M	-19.98M	-21.55M
Debt Equivalent of Unfunded Proj. Benefit Obligation	421K	207K	209K	200K	183K
Debt Equivalent Oper. Leases	-	-	456K	-	-
Minority Interest, Total (Incl. Fin. Div)	6.85M	8.16M	6.17M	5.79M	4.86M
Equity Method Investments, Total	-	-	846K	802K	-
Account Code - Inventory Valuation	3	-	3	3	3
Machinery, Total	3.87M	4.14M	4.72M	5.14M	3.41M
Full Time Employees	130	-	123	148	141

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	6.08M	2.26M	3.53M	4.08M	5.45M
Depreciation & Amortization - CF	1.4M	1.52M	1.58M	1.82M	1.77M
Amortization of Goodwill and Intangible Assets - (CF)	7K	6K	6K	24K	6K
Depreciation & Amortization, Total	1.41M	1.52M	1.58M	1.85M	1.78M
Amortization of Deferred Charges, Total - (CF)	346K	311K	419K	466K	202K
(Gain) Loss From Sale Of Asset	26K	-	-	-	-86K
(Gain) Loss on Sale of Investments - (CF)	-424K	846K	-744K	-611K	-57K
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-195K	-73K	-
Other Operating Activities, Total	3.39M	6.72M	513K	2.29M	4.15M
Change In Accounts Receivable	-47.01M	64.88M	-7.73M	-9.4M	-20.09M
Change In Accounts Payable	46.6M	-63.1M	6.25M	10.26M	21.49M
Change in Other Net Operating Assets	441K	111K	166K	212K	-978K
Cash from Operations	10.86M	13.55M	3.79M	9.07M	11.85M
Capital Expenditure	-336K	-342K	-638K	-604K	-367K
Sale of Property, Plant, and Equipment	102K	25K	6K	57K	176K
Divestitures	842K	-	-	-	-
Sale (Purchase) of Intangible assets	-152K	-705K	-282K	-35K	-3K
Investment in Marketable and Equity Securities, Total	1.43M	-1.29M	173K	-1.35M	3.34M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	20K	148K	0	-2.13M
Other Investing Activities, Total	40K	37K	516K	734K	469K
Cash from Investing	1.93M	-2.26M	-77K	-1.2M	1.49M
Long-Term Debt Repaid, Total	-1.1M	-1.17M	-1.27M	-1.55M	-1.53M
Total Debt Repaid	-1.1M	-1.17M	-1.27M	-1.55M	-1.53M
Repurchase of Common Stock	-	-	-1.54M	-	-
Common Dividends Paid	-1.63M	-2.45M	-2.94M	-3.1M	-3.27M
Common & Preferred Stock Dividends Paid	-1.63M	-2.45M	-2.94M	-3.1M	-3.27M
Other Financing Activities, Total	-4.53M	-2.2M	-3.69M	-3.07M	-2.86M
Cash from Financing	-7.27M	-5.82M	-9.44M	-7.73M	-7.66M
Miscellaneous Cash Flow Adjustments	-1K	-	-	1K	-
Net Change in Cash	5.52M	5.48M	-5.73M	148K	5.69M
Supplemental Items
Cash Interest Paid	59K	82K	145K	130K	85K
Cash Income Tax Paid (Refund)	2.23M	-308K	4.73M	3.58M	3.2M
Levered Free Cash Flow	8.44M	9.87M	4.3M	7.64M	10.91M
Unlevered Free Cash Flow	8.48M	9.96M	4.36M	7.84M	10.97M
Change In Net Working Capital	-149K	-3.22M	1.64M	-391K	-1.47M
Net Debt Issued / Repaid	-1.1M	-1.17M	-1.27M	-1.55M	-1.53M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	8.03	6.97	8.71	9.02	9.78
Return on Total Capital	22.41	16.49	13.55	15.93	21.02
Return On Equity %	35.57	19.39	21.7	24.2	30.53
Return on Common Equity	31.07	10.04	15.42	16.86	20.04
Margin Analysis
Gross Profit Margin %	19.14	27.31	26.68	23.52	21.02
SG&A Margin	12.35	19.01	19.87	16.69	14.49
EBITDA Margin %	6.09	7.83	6.01	5.74	6.2
EBITA Margin %	5.94	7.57	5.8	5.54	6.05
EBIT Margin %	5.93	7.57	5.8	5.52	6.05
Income From Continuing Operations Margin %	5.07	4.62	4.81	4.36	4.75
Net Income Margin %	3.19	1.8	2.6	2.44	2.61
Net Avail. For Common Margin %	3.19	1.8	2.6	2.44	2.61
Normalized Net Income Margin	2.26	1.39	1.83	1.7	1.94
Levered Free Cash Flow Margin	4.43	7.84	3.17	4.57	5.23
Unlevered Free Cash Flow Margin	4.45	7.91	3.21	4.69	5.25
Asset Turnover
Asset Turnover	2.17	1.47	2.4	2.61	2.59
Fixed Assets Turnover	39.11	19.15	19.83	24.03	35.26
Receivables Turnover (Average Receivables)	3.5	2.77	8.24	6.71	5.22
Short Term Liquidity
Current Ratio	1.3	2.46	2.07	1.79	1.46
Quick Ratio	1.27	2.24	1.93	1.72	1.41
Operating Cash Flow to Current Liabilities	0.13	0.75	0.17	0.28	0.22
Days Sales Outstanding (Average Receivables)	104.28	131.64	44.27	54.57	69.92
Average Days Payable Outstanding	117.75	164.76	46.79	56.77	74.47
Long Term Solvency
Total Debt/Equity	21.53	19.13	22.25	18.2	13.08
Total Debt / Total Capital	17.71	16.06	18.2	15.4	11.57
LT Debt/Equity	17.76	15.44	17.52	13.65	9.41
Long-Term Debt / Total Capital	14.61	12.96	14.33	11.55	8.32
Total Liabilities / Total Assets	74.76	43.59	49.65	55.57	62.84
EBIT / Interest Expense	159.27	65.68	82.82	28.86	146.79
EBITDA / Interest Expense	179.1	76.17	99.48	34.63	167.43
(EBITDA - Capex) / Interest Expense	174.37	73.81	92.77	32.75	163.16
Total Debt / EBITDA	0.5	0.53	0.7	0.51	0.31
Net Debt / EBITDA	-1.17	-1.92	-1.8	-1.8	-1.5
Total Debt / (EBITDA - Capex)	0.51	0.55	0.75	0.53	0.32
Net Debt / (EBITDA - Capex)	-1.2	-1.98	-1.93	-1.91	-1.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	63.5	-34	7.83	23.25	24.9
Gross Profit, 1 Yr. Growth %	20.54	-5.85	5.35	8.65	11.64
EBITDA, 1 Yr. Growth %	53.5	-15.2	-17.19	17.73	34.82
EBITA, 1 Yr. Growth %	55.13	-15.78	-17.37	17.58	36.42
EBIT, 1 Yr. Growth %	55.16	-15.79	-17.38	17.36	36.71
Earnings From Cont. Operations, 1 Yr. Growth %	86.12	-39.8	12.15	11.83	35.96
Net Income, 1 Yr. Growth %	154.12	-62.84	56.33	15.34	33.67
Normalized Net Income, 1 Yr. Growth %	125.41	-59.21	41.39	14.44	42.7
Diluted EPS Before Extra, 1 Yr. Growth %	154.79	-62.9	56.52	15.28	33.73
Accounts Receivable, 1 Yr. Growth %	149.46	-83.28	53.18	50.43	67.12
Net Property, Plant and Equip., 1 Yr. Growth %	133.26	-7.47	16.68	-11.08	-19.15
Total Assets, 1 Yr. Growth %	95.87	-53.41	8.08	18.07	33.02
Tangible Book Value, 1 Yr. Growth %	44.24	-2.41	5.41	10.07	20.59
Common Equity, 1 Yr. Growth %	35.9	-0.45	4.07	6.93	17.59
Cash From Operations, 1 Yr. Growth %	40.86	24.85	-72.03	134.44	30.65
Capital Expenditures, 1 Yr. Growth %	33.86	1.79	86.55	-5.33	-39.24
Levered Free Cash Flow, 1 Yr. Growth %	30.57	16.92	-56.46	77.79	42.89
Unlevered Free Cash Flow, 1 Yr. Growth %	30.02	17.38	-56.26	79.96	39.93
Dividend Per Share, 1 Yr. Growth %	50	20	5.56	5.26	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	27.15	3.88	-15.64	15.28	24.07
Gross Profit, 2 Yr. CAGR %	11.14	6.53	-0.41	6.99	10.13
EBITDA, 2 Yr. CAGR %	43.67	14.09	-16.2	-1.26	25.98
EBITA, 2 Yr. CAGR %	46.71	14.3	-16.58	-1.43	26.65
EBIT, 2 Yr. CAGR %	46.75	14.31	-16.59	-1.53	26.67
Earnings From Cont. Operations, 2 Yr. CAGR %	56.66	5.85	-17.83	11.99	23.31
Net Income, 2 Yr. CAGR %	173.32	-2.82	-23.78	34.28	24.17
Normalized Net Income, 2 Yr. CAGR %	722.88	-4.11	-24.06	27.2	27.79
Diluted EPS Before Extra, 2 Yr. CAGR %	175.53	-2.78	-23.8	34.33	24.16
Accounts Receivable, 2 Yr. CAGR %	84.95	-35.42	-49.39	51.8	58.56
Net Property, Plant and Equip., 2 Yr. CAGR %	26.1	46.91	3.9	1.86	-15.21
Total Assets, 2 Yr. CAGR %	50.13	-4.48	-29.04	12.96	25.32
Tangible Book Value, 2 Yr. CAGR %	24.1	18.65	1.43	7.72	15.21
Common Equity, 2 Yr. CAGR %	20.08	16.31	1.78	5.49	12.13
Cash From Operations, 2 Yr. CAGR %	135.82	32.61	-40.91	-18.18	75.02
Capital Expenditures, 2 Yr. CAGR %	4.11	16.73	37.8	32.89	-24.16
Levered Free Cash Flow, 2 Yr. CAGR %	119.94	23.56	-28.65	-12.01	59.39
Unlevered Free Cash Flow, 2 Yr. CAGR %	116.07	23.54	-28.34	-11.27	58.69
Dividend Per Share, 2 Yr. CAGR %	36.93	34.16	12.55	5.41	2.6
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	16.34	2.19	5.18	-4.27	18.4
Gross Profit, 3 Yr. CAGR %	9.19	5.16	6.14	2.53	8.52
EBITDA, 3 Yr. CAGR %	27.58	20.51	2.53	-6.15	9.54
EBITA, 3 Yr. CAGR %	30.04	21.93	2.58	-6.47	9.85
EBIT, 3 Yr. CAGR %	42	21.95	2.59	-6.53	9.85
Earnings From Cont. Operations, 3 Yr. CAGR %	78.09	13.89	7.91	-8.94	19.47
Net Income, 3 Yr. CAGR %	75.97	40.55	13.87	-12.49	34.08
Normalized Net Income, 3 Yr. CAGR %	129.63	202.28	9.14	-12.93	32.17
Diluted EPS Before Extra, 3 Yr. CAGR %	75.93	41.22	13.95	-12.52	34.13
Accounts Receivable, 3 Yr. CAGR %	92.34	-16.99	-13.87	-27.24	56.74
Net Property, Plant and Equip., 3 Yr. CAGR %	105.34	13.73	36.05	-1.35	-5.69
Total Assets, 3 Yr. CAGR %	37.97	1.64	-0.46	-15.92	19.29
Tangible Book Value, 3 Yr. CAGR %	28.02	14.55	14.06	4.23	11.85
Common Equity, 3 Yr. CAGR %	9.23	12.8	12.08	3.47	9.37
Cash From Operations, 3 Yr. CAGR %	27.66	90.77	-21.06	-5.8	-4.36
Capital Expenditures, 3 Yr. CAGR %	14.99	3.33	36.47	21.59	2.38
Levered Free Cash Flow, 3 Yr. CAGR %	14.84	78.17	-12.73	-3.27	3.42
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.88	76.31	-12.6	-2.6	3.28
Dividend Per Share, 3 Yr. CAGR %	0	31.04	23.86	10.06	3.57
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	21.46	0.5	2.31	7.24	12.37
Gross Profit, 5 Yr. CAGR %	9.53	4.84	5.25	5.89	7.72
EBITDA, 5 Yr. CAGR %	15.94	-1.1	7.84	11.28	11.34
EBITA, 5 Yr. CAGR %	17.15	-0.91	8.88	11.98	11.61
EBIT, 5 Yr. CAGR %	19.46	0.41	14.78	11.95	11.61
Earnings From Cont. Operations, 5 Yr. CAGR %	52.43	-0.59	30.7	13.13	13.82
Net Income, 5 Yr. CAGR %	50.94	-8.6	25.92	38.01	17.88
Normalized Net Income, 5 Yr. CAGR %	115.35	-11.54	47.51	113.82	16.25
Diluted EPS Before Extra, 5 Yr. CAGR %	50.92	-8.64	25.89	38.42	17.93
Accounts Receivable, 5 Yr. CAGR %	39.44	-22.66	12.75	5.67	9.94
Net Property, Plant and Equip., 5 Yr. CAGR %	50.27	42.63	56.37	8.83	12.61
Total Assets, 5 Yr. CAGR %	26.21	-4.87	5.75	6.03	9.15
Tangible Book Value, 5 Yr. CAGR %	39.64	25.72	16.64	11.77	14.52
Common Equity, 5 Yr. CAGR %	18.66	13.87	6.19	9.82	12.1
Cash From Operations, 5 Yr. CAGR %	25.33	17.74	-6.19	35.97	9
Capital Expenditures, 5 Yr. CAGR %	0.48	-2.34	23.62	14.27	7.89
Levered Free Cash Flow, 5 Yr. CAGR %	13.8	17.6	-5.07	34.36	11.05
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.87	17.08	-4.88	33.96	10.95
Dividend Per Share, 5 Yr. CAGR %	13.4	10.35	4.84	20.11	14.87