ElringKlinger AG

ElringKlinger AG

ElringKlinger AG

Overview
Date Founded

2000

Headquarters

Max-Eyth-Straße 2,Dettingen an der Erms, Baden Wuerttemberg 72581

Type of Company

Public

Employees (Worldwide)

9,611

Industries

Industrial Machinery & Manufacturing
Auto Parts & Tires

Company Description

ElringKlinger AG operates as an independent development partner and equipment manufacturer, which engages in the production and distribution of parts and assemblies used in engines, transmissions, exhaust systems, and vehicle bodies, alongside components for lithium-ion batteries and fuel cells. It operates through the following segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment focuses on the development, production, and sale of components and assemblies for vehicle engines, gearboxes, and exhaust systems for batteries and fuel cell components. The Aftermarket segment deals with the supply of a range of spare parts, which consists of cylinder-head gaskets and specialty gaskets sets. The Engineered Plastics segment engages in the manufacture and distribution of technical products made of polytetrafluoroethylene plastic. The Services segment includes the provision of development services for engines, transmissions, and exhaust tract. The Industrial Parks segment encompasses the lease and rental of land and buildings. The company was founded by Paul Lechler in 1879 and is headquartered in Dettingen an der Erms, Germany.

Executives & Employees

Chief Financial Officer

Chief Operating Officer

Chairman & Chief Executive Officer

Head-Investor Relations & Public Relations

Head Investor Relations

Head-Investor Relations

Head-Corporate Communications

Board of Directors
Paths to ElringKlinger AG
Potential Connections via
Relationship Science
You
ElringKlinger AG
Owners & Shareholders
Details Hidden

FPM is an active, growth-oriented investor and manages portfolios invested primarily in German equity across market caps and industry sectors. The firm seeks to identify undervalued companies with growth potential and bases investment decisions on in-house fundamental research.FPM's core belief is that understanding a company through close contacts with management and other relevant sources of information is the key to successful investments. The firm follows an absolute return policy diverging from index standards and market trends.

Details Hidden

FV Frankfurter Vermögen GmbH is a German private company located in Königstein im Taunus that provides investment advice. It was founded in 2017. Uwe Eilers has been the CEO since that date.

Details Hidden

Selectum is a conservative investment manager focused on capital preservation and appreciation over the long term, following a bottom-up investment approach. The firm constructs model portfolios which they customize for each client. They invest in equity, fixed income and derivatives. Their investment universe is limited to the Benelux, Germany and Europe, and excludes American, Asian or emerging markets stocks. In-house fundamental research includes regular company visits and is supplemented with sell-side analysis.Selectum's equity portfolios are invested in stocks listed on the Dutch and Belgian stock exchanges as well as in select German companies in industries not represented in the Benelux, and in a limited number of European blue chips. The firm aims to invest in undervalued companies with a competitive edge in niche markets, and a track record of earnings growth. They favor large-cap companies with an ambitious business plan and clearly identified growth drivers, in terms of both top and bottom line, as well as a management team attentive to communication and shareholder issues. They avoid turnaround situations and cyclical plays. They invest across sectors with a preference for defensive sectors, in particular the financial industry. The firm's fixed income portfolios are invested across currencies, based on debtor risk and an optimized duration mix, occasionally using bond futures.Selectum uses derivatives to enhance portfolio returns and mitigate risk. Specifically, they engage in covered calls on equities in their portfolio, call spreads and call back spreads. They limit the use of leverage. The firm uses as benchmark an internal index based on the average unweighted price performance of the shares in a series of indices corresponding to their region of interest.

Recent Transactions
Details Hidden

SunFire GmbH purchases Elringklinger AG /Solid Oxide Fuel Cell Business from ElringKlinger AG

Details Hidden

SunFire GmbH purchases new enerday GmbH from ElringKlinger AG

Details Hidden

Faurecia SA purchases Hug Engineering AG from ElringKlinger AG

Transaction Advisors
Legal Advisor

Advised onElringKlinger AG purchases Sevex AG

Legal Advisor

Advised onSunFire GmbH purchases new enerday GmbH from ElringKlinger AG

Investment Advisor

Advised onElringKlinger AG purchases M&W Manufacturing Co., Inc.

Clients

Brose Fahrzeugteile GmbH & Co. manufactures automobile doors and seats. The company is an international automotive industry supplying products for more than 40 vehicle brands and seat producers. It develops and produces mechatronic components and systems for automobile doors and seats. The company was founded by Max Brose and Ernst Jühling in 1919 and is headquartered in Coburg, Germany.

Naning Zhixing New Energy Automotive Tech Development Co. Ltd. engages in the manufacture and sale of electric-vehicle. The company was founded by Carsten Breitfeld & Daniel Kirchert and is headquartered in Shenzhen, China.

TEMOT International Autoparts GmbH is a private company headquartered in Ratingen, Germany, also operating in PL, that provides business consulting services for automotive aftermarket industry. The firm was founded in 2001. Katsardis Fotios is currently the CEO of the company.

Key Stats and Financials As of 2017
Market Capitalization
$459M
Total Enterprise Value
$1.87B
Earnings Per Share
$1.1
Revenue
$1.66B
Net Profit
$69.9M
EBITDA
$215M
EBITDAMargin
12.94%
Total Debt
$701M
Total Equity
$890M
Enterprise Value Sales
1.12x
Enterprise Value EBITDAOperating
8.69x
TEVNet Income
26.76x
Debt TEV
0.37x
Three Year Compounded Annual Growth Rate Of Revenue
7.87%
Five Year Compounded Annual Growth Rate Of Revenue
8.1%
Suppliers
Schuler AG Industrial Machinery & Manufacturing | Goeppingen, BW

Schuler AG is a holding company, which engages in the provision of machines, systems, dies, and services in the field of forming technology. It operates the following divisions: Automotive, Automotive New Markets, Hydraulic, Industry, Systems, Intelligent Tooling Solutions, Automation, and Service. The Automotive division serves as the central point of contact for car manufacturers and Tier 0.5 customers. The Automotive New Markets division caters to new customer groups in the automotive and Tier 0.5 industry. The Hydraulic division manufactures hydraulic presses and production equipment for a wide variety of market segments. The Industry division offers solutions for blanking and forming systems, as well as forging lines and system solutions for large pipe production. The Systems division comprises high-speed presses and systems. The Intelligent Tooling Solutions division pools the business activities of AWEBA and the die construction operations. The Automation division develops and installs solutions for automating machine tools. The Service division provides global support locally for the customers. The company was founded by Louis Schuler in 1839 and is headquartered in Goeppingen, Germany.

Yinbang Clad Material Co., Ltd. Metal Manufacturing & Products | Wuxi, JS

Yinbang Clad Material Co., Ltd. engages in the research and development of aluminum clad and multi-metal clad material. Its products are applied in fields like automobiles heat exchangers, engineering machinery, air cooling in power station, rail transit, household appliance, aerospace, cellphone, and shipping. The company was founded on August 25, 1998 and is headquartered in Wuxi, China.

Workday, Inc. Internet Software & Services | Pleasanton, CA

Workday, Inc. (“Workday”) is a leading provider of enterprise cloud-based applications for human capital management (HCM), payroll, financial management, time tracking, procurement, and employee expense management. Our applications are designed for global enterprises to manage complex and dynamic operating environments. We provide our customers highly adaptable, accessible, and reliable applications to manage critical business functions that enable them to optimize their financial and human capital resources.