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PORR Group

PORR's Cash & Cash Equivalents rose 39.9% yoy to EUR 466 mil in 2014

By Helgi Library - April 2, 2020

PORR Group's total assets reached EUR 2,146 mil at the end of 2014, down 6.55% compared to the previous year. Curr...

Profit Statement
Balance Sheet
Ratios
Valuation

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Apr 2014
Company Report
Apr 2014
Statistical Dossier

Porr AG is an Austria-based construction Company involved in various types of construction projects worldwide. The Company offers specialized civil and underground engineering, road construction, environmental technology and real estate development activities. In addition, the Company is involved in developing PPP projects in civil engineering and building construction, as well as infrastructure, energy, healthcare, and tourism; and development of projects in office and residential construction. The Company also develops, rents, and sells real estate; and provides services in the areas of environmental engineering sector as well as offers real estate consultancy services. The company was founded in 1869 and is headquartered in Vienna, Austria.

Finance

PORR Group has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 5.88% a year during that time to total of EUR 156 mil in 2014, or 5.20% of sales. That’s compared to 3.96% average margin seen in last five years.

The company netted EUR 41.4 mil in 2014 implying ROE of 11.3% and ROCE of 3.99%. Again, the average figures were 2.63% and 0.856%, respectively when looking at the previous 5 years.

PORR Group’s net debt amounted to EUR -64.6 mil at the end of 2014, or -0.168 of equity. When compared to EBITDA, net debt was -0.413x, down when compared to average of 18.1x seen in the last 5 years.

Valuation

PORR Group stock traded at EUR 44.6 per share at the end of 2014 resulting in a market capitalization of USD 785 mil. Over the previous five years, stock price grew by 41.3% or 7.15% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 3.50x and price to earnings (PE) of 15.7x as of 2014.

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