Nordex (NDX1.DE) stock price, revenue, and financials

Nordex market cap is €1.8 b, and annual revenue was €4.65 b in FY 2020

€1.8 B

NDX1.DE Mkt cap, 13-May-2022

€1.3 B

Nordex Revenue Q3, 2021
Nordex Gross profit (Q3, 2021)206.1 M
Nordex Net income (Q3, 2021)-39.9 M
Nordex EBITDA (Q3, 2021)37.9 M
Nordex EBIT (Q3, 2021)1.5 M
Nordex Cash, 30-Sept-2021871.2 M
Nordex EV1.3 B
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Nordex Revenue Breakdown

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Nordex revenue breakdown by business segment: 90.7% from PROJECTS, 9.4% from SERVICE and -0.1% from Other

Nordex Income Statement

Annual

EURFY, 2018FY, 2019FY, 2020

Revenue

2.5b3.3b4.7b

Cost of goods sold

(1.9b)(2.5b)(4.1b)

Gross profit

610.7m766.8m909.3m

R&D expense

(20.2m)(21.7m)(23.0m)

Operating expense total

(503.7m)(615.2m)(805.7m)

Depreciation and amortization

(155.8m)(143.4m)(155.8m)

EBITDA

106.1m150.4m109.6m

EBIT

(49.8m)7.0m(46.2m)

Interest expense

(43.2m)(68.2m)(98.4m)

Interest income

6.1m7.4m4.4m

Pre tax profit

(92.6m)(79.7m)(150.3m)

Income tax expense

8.7m7.1m20.6m

Net Income

(83.9m)(72.6m)(129.7m)

Quarterly

EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

398.9m591.9m952.2m964.6m2.0b3.2b1.3b1.4b1.3b

Cost of goods sold

(261.8m)(426.1m)(739.7m)(808.3m)(1.8b)(2.8b)(1.0b)(1.2b)(1.1b)

Gross profit

139.3m168.1m218.7m159.3m288.3m690.5m219.4m276.3m206.1m

Operating expense total

(127.5m)(150.2m)(166.3m)(131.7m)(352.4m)(594.8m)(217.8m)(200.5m)(168.0m)

Depreciation and amortization

(33.6m)(33.7m)(35.1m)(36.8m)(75.6m)(114.7m)(38.4m)(35.5m)(36.4m)

EBITDA

12.0m20.4m52.4m28.1m(63.6m)96.2m1.5m76.1m37.9m

EBIT

(21.6m)(13.3m)17.3m(8.7m)(139.1m)(18.5m)(37.0m)40.6m1.5m

Interest expense

(15.6m)(14.7m)(14.8m)(19.5m)(42.8m)(66.3m)(27.6m)(28.9m)(44.7m)

Interest income

2.0m1.2m1.4m1.2m2.4m3.2m561.0k1.2m1.3m

Pre tax profit

(43.7m)(30.8m)(3.5m)(41.6m)(186.4m)(106.6m)(55.2m)(4.9m)(47.7m)

Income tax expense

8.8m10.4m(17.6m)3.6m6.3m(924.0k)492.0k(4.2m)7.8m

Net Income

(35.0m)(20.4m)(21.1m)(38.0m)(180.0m)(107.5m)(54.7m)(9.1m)(39.9m)

Nordex Balance Sheet

Annual

EURFY, 2018FY, 2019FY, 2020

Cash

609.8m510.0m778.4m

Accounts Receivable

163.1m128.1m121.8m

Prepaid Expenses

24.2m28.8m33.8m

Inventories

763.2m1.4b1.2b

Current Assets

1.8b2.5b2.9b

PP&E

266.1m440.1m454.2m

Goodwill

547.8m547.8m547.8m

Total Assets

3.1b4.0b4.4b

Accounts Payable

500.8m968.5m1.1b

Short-term debt

83.0m63.0m507.9m

Current Liabilities

1.5b2.3b3.0b

Long-term debt

562.7m639.0m411.9m

Non-Current Liabilities

822.9m914.2m652.8m

Total Debt

645.7m701.9m919.8m

Total Liabilities

2.4b3.3b3.6b

Common Stock

97.0m106.7m117.3m

Additional Paid-in Capital

597.6m606.8m795.7m

Retained Earnings

21.6m46.2m(83.6m)

Total Equity

697.3m745.4m773.5m

Quarterly

EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

530.7m396.0m388.0m432.5m334.1m407.6m742.5m501.5m871.2m

Accounts Receivable

154.1m180.4m178.7m95.7m119.4m129.6m83.6m174.8m158.1m

Prepaid Expenses

26.7m36.1m24.6m31.1m29.5m14.3m30.4m31.0m22.6m

Inventories

1.1b1.4b1.6b1.6b1.5b1.5b1.0b863.7m854.5m

Current Assets

2.0b2.4b2.6b2.6b2.6b3.2b2.8b2.5b2.7b

PP&E

342.5m355.7m407.7m444.1m447.8m437.3m459.4m464.8m470.5m

Goodwill

547.8m547.8m547.8m547.8m547.8m547.8m547.8m547.8m547.8m

Total Assets

3.4b3.7b4.0b4.1b4.0b4.7b4.3b4.1b4.3b

Accounts Payable

542.7m768.6m921.3m1.1b1.1b1.1b1.1b1.1b1.0b

Short-term debt

92.8m57.8m55.0m62.0m262.7m438.8m253.4m40.5m27.9m

Current Liabilities

1.8b2.2b2.5b2.5b2.8b3.2b2.7b2.5b2.4b

Long-term debt

624.7m617.2m637.4m631.7m415.6m553.0m617.1m395.7m374.6m

Non-Current Liabilities

891.1m870.4m897.6m871.2m640.1m849.5m841.2m901.8m692.3m

Total Debt

717.5m675.0m692.4m693.8m678.3m991.7m870.5m436.2m402.6m

Total Liabilities

2.7b3.1b3.4b3.4b3.5b4.0b3.6b3.4b3.0b

Common Stock

97.0m97.0m97.0m106.7m106.7m106.7m117.3m117.3m160.0m

Additional Paid-in Capital

597.6m597.6m597.6m606.8m606.8m606.8m795.7m795.7m1.3b

Retained Earnings

(13.4m)(58.0m)(54.9m)8.3m(122.7m)(61.2m)(138.2m)(147.3m)(187.2m)

Total Equity

662.9m648.6m619.6m707.4m554.9m635.2m693.4m679.4m1.2b

Nordex Cash Flow

Annual

EURFY, 2018FY, 2019FY, 2020

Net Income

(83.9m)(72.6m)(129.7m)

Depreciation and Amortization

156.2m143.5m156.2m

Accounts Receivable

68.0m(92.2m)(307.7m)

Inventories

15.8m(635.2m)197.1m

Accounts Payable

31.5m456.7m127.1m

Cash From Operating Activities

124.9m38.0m(352.2m)

Cash From Investing Activities

(80.9m)(163.9m)231.8m

Long-term Borrowings

(311.9m)(49.7m)223.0m

Cash From Financing Activities

(46.4m)30.6m405.8m

Net Change in Cash

(13.4m)(99.8m)268.4m

Quarterly

EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(35.0m)(55.4m)(76.5m)(325.5m)(180.0m)(107.5m)(54.7m)(63.7m)(103.7m)

Depreciation and Amortization

33.7m67.4m102.5m227.4m75.7m114.9m38.4m73.9m110.4m

Accounts Receivable

2.5m(116.4m)(139.4m)(468.9m)(102.6m)(339.8m)(42.2m)(258.2m)(62.5m)

Inventories

(294.4m)(622.0m)(797.1m)(404.0m)(131.5m)(98.8m)162.9m338.5m347.7m

Accounts Payable

41.8m267.8m409.6m394.8m105.1m154.1m(30.6m)42.0m(56.9m)

Cash From Operating Activities

(54.7m)(100.6m)(62.8m)(370.8m)(68.0m)(281.0m)45.5m57.9m127.5m

Cash From Investing Activities

(21.6m)(60.7m)(93.1m)(201.3m)(69.0m)(97.2m)(35.1m)(68.1m)(104.3m)

Short-term Borrowings

6.3m338.4m338.4m4.6m

Long-term Borrowings

(2.4m)(50.6m)(56.0m)(42.7m)(14.4m)(25.9m)(41.2m)(471.2m)(505.6m)

Cash From Financing Activities

(2.4m)(50.6m)(62.5m)267.5m(24.1m)298.2m(45.9m)(265.4m)73.0m

Net Change in Cash

(79.1m)(213.8m)(221.8m)(355.9m)(175.9m)(102.4m)(35.8m)(276.9m)92.9m

Nordex Ratios

EURFY, 2018

Revenue/Employee

453.9k

Nordex Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q2, 2020

Order Book

€3.65 b€4.64 b€5.23 b€5.29 b€6.09 b€6.63 b€7.57 b€8.13 b€8.07 b€8.07 b

Order Book (Projects)

€1.67 b€2.71 b€3.19 b€3.14 b€3.87 b€4.41 b€5.27 b€5.65 b€5.53 b€2.37 b

Order Book (Projects, Europe)

€835 m€1.8 b€2.86 b

Order Book (Projects, Latin America)

€366.5 m€974 m€972.6 m

Order Book (Projects, North America)

€405.7 m€414 m€1.06 b

Order Book (Projects, Rest of World)

€63 m€682.2 m€640.7 m

Order Book (Service)

€1.98 b€1.93 b€2.04 b€2.15 b€2.22 b€2.22 b€2.3 b€2.48 b€2.54 b€2.7 b

Order Intake

€2.77 b€834.2 m€1.83 b€2.75 b€4.18 b€889.6 m€2.36 b€3.83 b€5.11 b€2.13 b

Order Intake (Projects)

€2.22 b€819.9 m€1.61 b€2.34 b€3.64 b€810.2 m€2.11 b€3.31 b€4.42 b€1.81 b

Order Intake (Projects, Europe)

€1.12 b€1.87 b€2.34 b

Order Intake (Projects, Latin America)

€387.4 m€758.4 m€827.8 m

Order Intake (Projects, North America)

€670.3 m€415.5 m€1.13 b

Order Intake (Projects, Rest of World)

€38.4 m€591.5 m€118.3 m

Order Intake (Service)

€556.8 m€14.3 m€217 m€406.5 m€543.1 m€79.5 m€247 m€517.8 m€695.4 m€327.3 m

Rotor Blades Produced

7891804446488073006591.09 k1.37 k623

Rotor Blades Produced (Germany)

353519615620784188328465351

Rotor Blades Produced (India)

180234142

Rotor Blades Produced (Mexico)

2467123

Rotor Blades Produced (Spain)

4361293484926002164715616007

Wind Turbines Installed

93217130356482884242476938662

Wind Turbines Installed (Europe), MW

204.7466.2755.480.9268.4741.51.07 k

Wind Turbines Installed (Latin America), MW

252305.6341.6180199.2371.1372.8

Wind Turbines Installed (North America), MW

24483310.5446.2719.3

Wind Turbines Installed (Rest of World), MW

66.2138.6138.66123

Wind Turbines Installed, MW

2.7 k522.9934.41.72 k2.52 k260.9778.11.56 k3.09 k2.29 k

Wind Turbines Produced

1.06 k1143685617272145179201.39 k787

Wind Turbines Produced (Argentina), MW

16.562.714534.7

Wind Turbines Produced (Brazil), MW

1051551871112484138147145.5

Wind Turbines Produced (Germany), MW

1.47 k238.9554.3866.31.17 k264.3650.61.28 k1.98 k1.63 k

Wind Turbines Produced (India), MW

3018181857.6105.6262.7474.3726.3312.5

Wind Turbines Produced (Spain), MW

1.55 k75517.2764.4940.4304.2720.81.14 k1.68 k826.3

Wind Turbines Produced, MW

3.15 k346.91.14 k1.74 k2.28 k698.11.73 k3.1 k4.68 k2.95 k

Nordex Human Capital

Nordex's employees are reported to be approximately 16% female and 84% male.
FY, 2019FY, 2018FY, 2017
Male84%82.7%82.8%
Female16%17.3%17.2%

Job Roles

FY, 2019FY, 2018FY, 2017
Office Staff45.9%48.6%52.8%
Technical Staff54.1%51.4%47.2%

Nordex Employee Rating

4180 votes
Culture & Values
4
Work/Life Balance
3.7
Senior Management
3.7
Salary & Benefits
3.6
Career Opportunities
3.9
Source