Upcoming Dividend • May 26
Upcoming dividend of RON0.14 per share Eligible shareholders must have bought the stock before 02 June 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Romanian dividend payers (6.1%). Higher than average of industry peers (3.1%). Announcement • May 17
Evergent Investments SA to Report Q1, 2026 Results on May 21, 2026 Evergent Investments SA announced that they will report Q1, 2026 results on May 21, 2026 Announcement • Apr 28
Evergent Investments SA to Report Fiscal Year 2025 Results on Apr 30, 2026 Evergent Investments SA announced that they will report fiscal year 2025 results on Apr 30, 2026 Announcement • Mar 26
Evergent Investments SA, Annual General Meeting, Apr 29, 2026 Evergent Investments SA, Annual General Meeting, Apr 29, 2026, at 12:30 E. Europe Standard Time. Location: company s headquarters, bacau, 94c pictor aman street., Romania New Risk • Mar 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 69% Last year net profit margin: 114% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (69% net profit margin). Declared Dividend • Nov 17
Dividend increased to RON0.14 Dividend of RON0.14 is 23% higher than last year. Ex-date: 2nd June 2026 Payment date: 17th June 2026 Dividend yield will be 4.9%, which is lower than the industry average of 6.5%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 15
Evergent Investments SA announces Annual dividend, payable on June 17, 2026 Evergent Investments SA announced Annual dividend of RON 0.1350 per share payable on June 17, 2026, ex-date on June 02, 2026 and record date on June 03, 2026. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to RON2.61, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 10x in the Capital Markets industry in Romania. Total returns to shareholders of 155% over the past three years. Upcoming Dividend • May 15
Upcoming dividend of RON0.11 per share Eligible shareholders must have bought the stock before 22 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 7.7%. Within top quartile of Romanian dividend payers (7.0%). Lower than average of industry peers (11%). Declared Dividend • Mar 28
Dividend increased to RON0.11 Dividend of RON0.11 is 22% higher than last year. Ex-date: 23rd May 2025 Payment date: 13th June 2025 Dividend yield will be 7.6%, which is higher than the industry average of 6.5%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.8% EPS decline seen over the last 5 years. Announcement • Mar 27
Evergent Investments SA announces Annual dividend, payable on June 13, 2025 Evergent Investments SA announced Annual dividend of RON 0.1100 per share payable on June 13, 2025, ex-date on May 23, 2025 and record date on May 26, 2025. Announcement • Mar 26
Evergent Investments SA, Annual General Meeting, Apr 29, 2025 Evergent Investments SA, Annual General Meeting, Apr 29, 2025, at 12:45 E. Europe Standard Time. Location: at the headquarters of evergent, investments from bacau, 94c pictor aman street., Romania Upcoming Dividend • May 14
Upcoming dividend of RON0.09 per share Eligible shareholders must have bought the stock before 21 May 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Romanian dividend payers (6.7%). In line with average of industry peers (6.5%). New Risk • Jun 28
New major risk - Revenue and earnings growth Earnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.3% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (335% cash payout ratio). Profit margins are more than 30% lower than last year (74% net profit margin). Upcoming Dividend • Jun 01
Upcoming dividend of RON0.09 per share at 6.8% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 6.8%. Lower than top quartile of Romanian dividend payers (8.2%). Higher than average of industry peers (3.1%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Horia Ciorcila was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 29
Evergent Investments S.A. (BVB:EVER) acquired an unknown significant stake in MWARE Solution SA. Evergent Investments S.A. (BVB:EVER) acquired an unknown significant stake in MWARE Solution SA on September 27, 2022. Monica Statescu, Catalin Suliman and Bianca Chera of Filip & Company acted as the legal advisor for Evergent Investments S.A. (BVB:EVER).
Evergent Investments S.A. (BVB:EVER) completed the acquisition of an unknown significant stake in MWARE Solution SA on September 27, 2022. Upcoming Dividend • May 10
Upcoming dividend of RON0.065 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Romanian dividend payers (6.5%). Higher than average of industry peers (2.9%). Price Target Changed • Apr 27
Price target increased to RON1.77 Up from RON0.85, the current price target is provided by 1 analyst. New target price is 46% above last closing price of RON1.22. Stock is down 14% over the past year. The company posted earnings per share of RON0.047 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Horia Ciorcila was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 24
Evergent Investments S.A. (BVB:EVER) completed the acquisition of 5.1% stake in S.C. Agroserv Mariuta S.A. (BVB:MILK) from Serban Nicusor, Cocan Adrian Paul and Cocan Madalina Oana. Evergent Investments S.A. (BVB:EVER) acquired 5.1% stake in S.C. Agroserv Mariuta S.A. (BVB:MILK) from Serban Nicusor, Cocan Adrian Paul and Cocan Madalina Oana for approximately RON 5.3 million on June 18, 2021. Evergent bought 88,500 shares in S.C. Agroserv Mariuta S.A. Serban Nicusor, Cocan Adrian Paul and Cocan Madalina Oana are the Founder of S.C. Agroserv Mariuta S.A. and there stake reduced from 75.10% to 71.6%, post transaction.
Evergent Investments S.A. (BVB:EVER) completed the acquisition of 5.1% stake in S.C. Agroserv Mariuta S.A. (BVB:MILK) from Serban Nicusor, Cocan Adrian Paul and Cocan Madalina Oana on June 18, 2021. Upcoming Dividend • May 11
Upcoming dividend of RON0.043 per share Eligible shareholders must have bought the stock before 18 May 2021. Payment date: 11 June 2021. Trailing yield: 3.0%. Lower than top quartile of Romanian dividend payers (5.4%). Higher than average of industry peers (2.5%). Is New 90 Day High Low • Mar 12
New 90-day high: RON1.41 The company is up 17% from its price of RON1.20 on 11 December 2020. The Romanian market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: RON1.30 The company is up 8.0% from its price of RON1.20 on 29 October 2020. The Romanian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 14% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: RON1.19 The company is down 8.0% from its price of RON1.30 on 20 August 2020. The Romanian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: RON1.20 The company is down 5.0% from its price of RON1.26 on 30 July 2020. The Romanian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is down 1.0% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: RON1.24 The company is down 5.0% from its price of RON1.31 on 08 July 2020. The Romanian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 2.0% over the same period.