Upcoming Dividend • May 21
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (0.5%). Major Estimate Revision • May 17
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €3.02 to €2.51 per share. Revenue forecast steady at €230.5m. Net income forecast to shrink 14% next year vs 22% growth forecast for Electrical industry in Germany . Consensus price target up from €70.00 to €71.50. Share price rose 8.9% to €47.05 over the past week. Announcement • Apr 17
Energiekontor AG, Annual General Meeting, May 27, 2026 Energiekontor AG, Annual General Meeting, May 27, 2026, at 10:30 W. Europe Standard Time. Major Estimate Revision • Apr 12
Consensus EPS estimates fall by 16%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from €230.0m to €232.8m. EPS estimate fell from €3.58 to €3.02 per share. Net income forecast to grow 2.6% next year vs 30% growth forecast for Electrical industry in Germany. Consensus price target down from €76.50 to €70.00. Share price rose 9.5% to €38.70 over the past week. Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: €2.94 (vs €1.62 in FY 2024) Full year 2025 results: EPS: €2.94 (up from €1.62 in FY 2024). Revenue: €173.5m (up 37% from FY 2024). Net income: €41.0m (up 82% from FY 2024). Profit margin: 24% (up from 18% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 22% per year. Announcement • Apr 01
Energiekontor AG announces Annual dividend, payable on June 01, 2026 Energiekontor AG announced Annual dividend of EUR 1.0000 per share payable on June 01, 2026, ex-date on May 28, 2026 and record date on May 29, 2026. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €30.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 26x in the Electrical industry in Germany. Total loss to shareholders of 49% over the past three years. New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Price Target Changed • Dec 25
Price target decreased by 17% to €92.50 Down from €111, the current price target is an average from 2 analysts. New target price is 174% above last closing price of €33.80. Stock is down 29% over the past year. The company is forecast to post earnings per share of €1.72 for next year compared to €1.62 last year. Major Estimate Revision • Nov 18
Consensus revenue estimates increase by 19% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €186.1m to €221.1m. EPS estimate unchanged from €1.73 at last update. Electrical industry in Germany expected to see average net income growth of 69% next year. Consensus price target of €99.50 unchanged from last update. Share price rose 4.6% to €34.00 over the past week. Price Target Changed • Oct 17
Price target decreased by 11% to €99.00 Down from €111, the current price target is an average from 2 analysts. New target price is 164% above last closing price of €37.55. Stock is down 26% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €1.62 last year. Major Estimate Revision • Oct 14
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €207.2m to €173.2m. EPS estimate fell from €4.02 to €2.85 per share. Net income forecast to grow 65% next year vs 65% growth forecast for Electrical industry in Germany. Consensus price target down from €111 to €105. Share price fell 19% to €37.85 over the past week. New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €38.95, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 30x in the Electrical industry in Germany. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.47 per share. Price Target Changed • Sep 10
Price target decreased by 14% to €111 Down from €129, the current price target is an average from 2 analysts. New target price is 158% above last closing price of €42.95. Stock is down 22% over the past year. The company is forecast to post earnings per share of €4.02 for next year compared to €1.62 last year. Major Estimate Revision • Jul 10
Consensus revenue estimates decrease by 14% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €249.4m to €214.4m. EPS estimate unchanged at €4.13 per share. Net income forecast to grow 155% next year vs 100% growth forecast for Electrical industry in Germany. Consensus price target of €130 unchanged from last update. Share price rose 2.5% to €47.50 over the past week. Upcoming Dividend • Jun 26
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 03 July 2025. Payment date: 07 July 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (1.9%). Upcoming Dividend • May 22
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (1.9%). Announcement • May 22
Energiekontor AG, Annual General Meeting, Jul 02, 2025 Energiekontor AG, Annual General Meeting, Jul 02, 2025, at 10:30 W. Europe Standard Time. Major Estimate Revision • Apr 07
Consensus revenue estimates fall by 18% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €266.7m to €218.8m. EPS estimate fell from €4.48 to €4.30 per share. Net income forecast to grow 165% next year vs 64% growth forecast for Electrical industry in Germany. Consensus price target broadly unchanged at €129. Share price fell 13% to €40.85 over the past week. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to €42.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the Electrical industry in Germany. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.20 per share. New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (18% net profit margin). Declared Dividend • Apr 02
Dividend reduced to €0.50 Dividend of €0.50 is 58% lower than last year. Ex-date: 29th May 2025 Payment date: 2nd June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 159% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 01
Energiekontor AG announces Annual dividend, payable on June 02, 2025 Energiekontor AG announced Annual dividend of EUR 0.5000 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025. New Risk • Mar 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 50% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (18% net profit margin). Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: €1.62 (down from €5.98 in FY 2023). Revenue: €147.4m (down 39% from FY 2023). Net income: €22.6m (down 73% from FY 2023). Profit margin: 15% (down from 35% in FY 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €55.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Electrical industry in Germany. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.71 per share. New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (144% net debt to equity). Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €49.15, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electrical industry in Germany. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.36 per share. Major Estimate Revision • Dec 06
Consensus revenue estimates fall by 27% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €294.1m to €216.2m. EPS estimate fell from €2.48 to €1.85 per share. Net income forecast to shrink 44% next year vs 38% growth forecast for Electrical industry in Germany . Consensus price target of €135 unchanged from last update. Share price rose 7.2% to €45.45 over the past week. Reported Earnings • Aug 18
First half 2024 earnings released: EPS: €0.85 (vs €1.50 in 1H 2023) First half 2024 results: EPS: €0.85 (down from €1.50 in 1H 2023). Revenue: €78.0m (up 20% from 1H 2023). Net income: €11.8m (down 44% from 1H 2023). Profit margin: 15% (down from 32% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Aug 18
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 144% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (144% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Jul 05
Price target increased by 9.7% to €136 Up from €124, the current price target is an average from 3 analysts. New target price is 114% above last closing price of €63.70. Stock is down 12% over the past year. The company is forecast to post earnings per share of €2.73 for next year compared to €5.97 last year. Upcoming Dividend • May 23
Upcoming dividend of €1.20 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.7%). Announcement • Apr 28
Energiekontor AG to Report Q1, 2024 Results on May 13, 2024 Energiekontor AG announced that they will report Q1, 2024 results on May 13, 2024 Reported Earnings • Mar 30
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: €5.98 (up from €3.18 in FY 2022). Revenue: €246.6m (up 32% from FY 2022). Net income: €83.3m (up 87% from FY 2022). Profit margin: 34% (up from 24% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Energiekontor AG, Annual General Meeting, May 29, 2024 Energiekontor AG, Annual General Meeting, May 29, 2024. Agenda: To consider the dividend distribution for the financial year 2023. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €79.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electrical industry in Europe. Total returns to shareholders of 49% over the past three years. Announcement • Dec 20
Energiekontor AG to Report Q2, 2024 Results on Aug 12, 2024 Energiekontor AG announced that they will report Q2, 2024 results on Aug 12, 2024 Major Estimate Revision • Dec 19
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €325.6m to €341.1m. EPS estimate increased from €3.60 to €4.01 per share. Net income forecast to shrink 1.4% next year vs 9.7% growth forecast for Electrical industry in Germany . Consensus price target up from €120 to €124. Share price rose 13% to €77.30 over the past week. Announcement • Dec 17
Energiekontor AG Provides Earnings Guidance for 2023 Energiekontor AG provided earnings guidance for 2023. The company currently expects group EBT of between EUR 80 million and EUR 100 million in the 2023 financial year. This equates to a rise in Group EBT of around 30% to 60% compared to the previous year. Announcement • Nov 13
Energiekontor AG to Report Fiscal Year 2023 Results on Mar 28, 2024 Energiekontor AG announced that they will report fiscal year 2023 results on Mar 28, 2024 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €64.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Electrical industry in Europe. Total returns to shareholders of 80% over the past three years. Reported Earnings • Aug 16
First half 2023 earnings released: EPS: €1.50 (vs €0.61 in 1H 2022) First half 2023 results: EPS: €1.50 (up from €0.61 in 1H 2022). Revenue: €65.2m (up 24% from 1H 2022). Net income: €21.0m (up 145% from 1H 2022). Profit margin: 32% (up from 16% in 1H 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 11
Upcoming dividend of €1.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%). Major Estimate Revision • Apr 12
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €330.9m to €290.8m. EPS estimate fell from €3.59 to €3.55 per share. Net income forecast to grow 16% next year vs 38% decline forecast for Electrical industry in Germany. Consensus price target up from €127 to €132. Share price was steady at €75.10 over the past week. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €76.10, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 331% over the past three years. Major Estimate Revision • Apr 02
Consensus revenue estimates fall by 35% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €379.7m to €245.0m. EPS estimate fell from €3.68 to €3.35 per share. Net income forecast to grow 9.3% next year vs 37% decline forecast for Electrical industry in Germany. Consensus price target of €124 unchanged from last update. Share price rose 8.3% to €66.40 over the past week. Announcement • Feb 10
Encavis AG (XTRA:ECV) acquired wind farm project in Bergheim from Energiekontor AG (XTRA:EKT). Encavis AG (XTRA:ECV) acquired wind farm project in Bergheim from Energiekontor AG (XTRA:EKT) on February 8, 2023.Encavis AG (XTRA:ECV) completed the acquisition of wind farm project in Bergheim from Energiekontor AG (XTRA:EKT) on February 8, 2023. Announcement • Feb 09
Encavis AG (XTRA:ECV) acquired 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT). Encavis AG (XTRA:ECV) acquired 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT) on February 8, 2023.Encavis AG (XTRA:ECV) completed the acquisition of 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT) on February 8, 2023. Announcement • Dec 23
Energiekontor AG, Annual General Meeting, May 17, 2023 Energiekontor AG, Annual General Meeting, May 17, 2023. Major Estimate Revision • Nov 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €253.0m to €222.0m. EPS estimate unchanged from €2.95 per share at last update. Electrical industry in Germany expected to see average net income decline 31% next year. Consensus price target broadly unchanged at €126. Share price fell 4.6% to €87.60 over the past week.