Ankündigung • Jul 02
Kandenko Co.,Ltd. (TSE:1942) acquired an unknown stake in GCU Co., Ltd. from JAFCO BO7 Investment Limited Partnership and JAFCO SV7-S Investment Limited Partnership managed by JAFCO Group Co., Ltd. (TSE:8595). Kandenko Co.,Ltd. (TSE:1942) acquired an unknown stake in GCU Co., Ltd. from JAFCO BO7 Investment Limited Partnership and JAFCO SV7-S Investment Limited Partnership managed by JAFCO Group Co., Ltd. (TSE:8595) on June 30, 2026.
Kandenko Co.,Ltd. (TSE:1942) completed the acquisition of an unknown stake in GCU Co., Ltd. from JAFCO BO7 Investment Limited Partnership and JAFCO SV7-S Investment Limited Partnership managed by JAFCO Group Co., Ltd. (TSE:8595) on June 30, 2026. Ankündigung • Jun 27
Kandenko Co.,Ltd. to Report Q1, 2027 Results on Jul 31, 2026 Kandenko Co.,Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026 Buy Or Sell Opportunity • May 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €31.60. The fair value is estimated to be €39.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Board Change • May 20
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Outside Director Mika Narahashi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Ankündigung • Apr 29
Kandenko Co.,Ltd., Annual General Meeting, Jun 26, 2026 Kandenko Co.,Ltd., Annual General Meeting, Jun 26, 2026. Ankündigung • Apr 21
Kandenko Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 28, 2026 Kandenko Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 28, 2026 Ankündigung • Jan 29
Kandenko Co.,Ltd. (TSE:1942) announces an Equity Buyback for 7,500,000 shares, representing 3.67% for ¥30,000 million. Kandenko Co.,Ltd. (TSE:1942) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 3.67% of its issued share capital (excluding treasury stock) for ¥30,000 million. The purpose of the program is to strengthen shareholder returns, further improve capital efficiency and mitigate the impact on the supply and demand balance of the shares of the Company resulting from a secondary offering of shares of common stock of the Company The plan will be valid till February 6, 2026. As of December 31, 2025, the company had 204,406,716 issued shares (excluding treasury stock) and 881,622 treasury shares. Ankündigung • Dec 27
Kandenko Co.,Ltd. to Report Q3, 2026 Results on Jan 29, 2026 Kandenko Co.,Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026 Ankündigung • Sep 04
Kandenko Co.,Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Kandenko Co.,Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Ankündigung • Jun 05
Kandenko Co.,Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Kandenko Co.,Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Ankündigung • Apr 28
Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2025 Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2025. Ankündigung • Mar 05
Kandenko Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2025 Kandenko Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2025 Ankündigung • Jan 03
Kandenko Co.,Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Kandenko Co.,Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥48.35 (vs JP¥29.53 in 2Q 2024) Second quarter 2025 results: EPS: JP¥48.35 (up from JP¥29.53 in 2Q 2024). Revenue: JP¥157.9b (up 10% from 2Q 2024). Net income: JP¥9.88b (up 64% from 2Q 2024). Profit margin: 6.3% (up from 4.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%). Ankündigung • Sep 03
Kandenko Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Kandenko Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 New Risk • Aug 07
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 6.8% 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: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥36.12 (vs JP¥24.81 in 1Q 2024) First quarter 2025 results: EPS: JP¥36.12 (up from JP¥24.81 in 1Q 2024). Revenue: JP¥128.9b (up 8.5% from 1Q 2024). Net income: JP¥7.38b (up 46% from 1Q 2024). Profit margin: 5.7% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €12.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.12 per share. Declared Dividend • Jul 25
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 215%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jun 06
Kandenko Co.,Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Kandenko Co.,Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥134 (vs JP¥104 in FY 2023) Full year 2024 results: EPS: JP¥134 (up from JP¥104 in FY 2023). Revenue: JP¥598.4b (up 11% from FY 2023). Net income: JP¥27.3b (up 29% from FY 2023). Profit margin: 4.6% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year. Ankündigung • Apr 28
Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2024 Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2024. Ankündigung • Mar 23
Kandenko Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 Kandenko Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.9%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥43.76 (vs JP¥25.61 in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.76 (up from JP¥25.61 in 3Q 2023). Revenue: JP¥141.5b (up 5.8% from 3Q 2023). Net income: JP¥8.94b (up 71% from 3Q 2023). Profit margin: 6.3% (up from 3.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Dec 28
Kandenko Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Kandenko Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Ankündigung • Sep 28
Kandenko Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Kandenko Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥17.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%). Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥24.81 (vs JP¥21.09 in 1Q 2023) First quarter 2024 results: EPS: JP¥24.81 (up from JP¥21.09 in 1Q 2023). Revenue: JP¥118.8b (up 9.0% from 1Q 2023). Net income: JP¥5.07b (up 18% from 1Q 2023). Profit margin: 4.3% (up from 4.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Germany. Ankündigung • Jun 10
Kandenko Co.,Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Kandenko Co.,Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥104 (vs JP¥99.44 in FY 2022) Full year 2023 results: EPS: JP¥104 (up from JP¥99.44 in FY 2022). Revenue: JP¥541.6b (up 9.3% from FY 2022). Net income: JP¥21.2b (up 4.2% from FY 2022). Profit margin: 3.9% (down from 4.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Construction industry in Europe. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%). Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: JP¥25.61 (vs JP¥24.91 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.61 (up from JP¥24.91 in 3Q 2022). Revenue: JP¥133.8b (up 8.4% from 3Q 2022). Net income: JP¥5.23b (up 2.8% from 3Q 2022). Profit margin: 3.9% (down from 4.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Construction industry in Europe. Ankündigung • Dec 22
Kandenko Co.,Ltd. to Report Q3, 2023 Results on Jan 30, 2023 Kandenko Co.,Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥25.45 (vs JP¥20.06 in 2Q 2022) Second quarter 2023 results: EPS: JP¥25.45 (up from JP¥20.06 in 2Q 2022). Revenue: JP¥124.7b (up 11% from 2Q 2022). Net income: JP¥5.20b (up 27% from 2Q 2022). Profit margin: 4.2% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in Europe. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥23.27 (vs JP¥20.06 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.27 (up from JP¥20.06 in 2Q 2022). Revenue: JP¥116.8b (up 4.1% from 2Q 2022). Net income: JP¥4.75b (up 16% from 2Q 2022). Profit margin: 4.1% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Buying Opportunity • Oct 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.2%. The fair value is estimated to be €6.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.5% per annum. Earnings is also forecast to grow by 0.3% per annum over the same time period. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.2%). Ankündigung • Sep 01
Kandenko Co.,Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Kandenko Co.,Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥21.09 (vs JP¥23.32 in 1Q 2022) First quarter 2023 results: EPS: JP¥21.09 (down from JP¥23.32 in 1Q 2022). Revenue: JP¥109.0b (flat on 1Q 2022). Net income: JP¥4.31b (down 9.6% from 1Q 2022). Profit margin: 4.0% (down from 4.4% in 1Q 2022). Over the next year, revenue is forecast to grow 9.7%, compared to a 5.6% growth forecast for the industry in Germany. Buying Opportunity • Jul 30
Now 21% undervalued Over the last 90 days, the stock is up 1.7%. The fair value is estimated to be €7.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 1.3% per annum over the same time period. Ankündigung • Jun 29
Kandenko Co.,Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Kandenko Co.,Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Buying Opportunity • Jun 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €7.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 0.4% per annum over the same time period. Buying Opportunity • May 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €7.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings is also forecast to grow by 2.6% per annum over the same time period. Ankündigung • May 02
Kandenko Co.,Ltd., Annual General Meeting, Jun 29, 2022 Kandenko Co.,Ltd., Annual General Meeting, Jun 29, 2022. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥99.44 (vs JP¥98.64 in FY 2021) Full year 2022 results: EPS: JP¥99.44 (up from JP¥98.64 in FY 2021). Revenue: JP¥495.6b (down 11% from FY 2021). Net income: JP¥20.3b (flat on FY 2021). Profit margin: 4.1% (up from 3.6% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 5.9% growth forecast for the industry in Germany. Ankündigung • Apr 07
Kandenko Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022 Kandenko Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.8%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥24.91 (up from JP¥23.08 in 3Q 2021). Revenue: JP¥123.5b (down 9.3% from 3Q 2021). Net income: JP¥5.09b (up 8.0% from 3Q 2021). Profit margin: 4.1% (up from 3.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 6.2%, compared to a 9.9% growth forecast for the industry in Germany. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS JP¥20.06 (vs JP¥20.68 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2022 results: Revenue: JP¥112.3b (down 16% from 2Q 2021). Net income: JP¥4.10b (down 3.0% from 2Q 2021). Profit margin: 3.6% (up from 3.2% in 2Q 2021). The increase in margin was driven by lower expenses. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (3.2%). Ankündigung • Sep 02
Kandenko Co.,Ltd. (TSE:1942) completed the acquisition of NextCadix Ltd. from Nextware Ltd. (JASDAQ:4814). Kandenko Co.,Ltd. (TSE:1942) agreed to acquire NextCadix Ltd. from Nextware Ltd. (JASDAQ:4814) on July 30, 2021. 1823 shares of NextCadix will be acquired through this transaction. NextCadix have a revenue of JPY 640.292 million, total assets of JPY 334.745 million, EBIT of JPY 23.082 million, net income of JPY 15.92 million and JPY 236.287 million in March, 2021. Nextware board agreed to the transaction on July 30, 2021. Execution date of share transfer expected to happen on September 1, 2021.
Kandenko Co.,Ltd. (TSE:1942) completed the acquisition of NextCadix Ltd. from Nextware Ltd. (JASDAQ:4814) on September 1, 2021. Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥23.32 (vs JP¥22.58 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥108.1b (down 10% from 1Q 2021). Net income: JP¥4.76b (up 3.3% from 1Q 2021). Profit margin: 4.4% (up from 3.8% in 1Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS JP¥98.64 (vs JP¥110 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥556.0b (down 9.8% from FY 2020). Net income: JP¥20.1b (down 11% from FY 2020). Profit margin: 3.6% (down from 3.7% in FY 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Mar 23
Upcoming Dividend of JP¥14.00 Per Share Will be paid on the 29th of June to those who are registered shareholders by the 30th of March. The trailing yield of 2.9% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (3.2%). Is New 90 Day High Low • Mar 11
New 90-day high: €7.43 The company is up 17% from its price of €6.35 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.15 per share. Ankündigung • Mar 04
Kandenko Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021 Kandenko Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021 Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥23.08 (vs JP¥22.18 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥136.1b (down 8.7% from 3Q 2020). Net income: JP¥4.71b (up 4.0% from 3Q 2020). Profit margin: 3.5% (up from 3.0% in 3Q 2020). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 02
Revenue misses expectations Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to stay flat compared to a 2.8% growth forecast for the Construction industry in Germany. Is New 90 Day High Low • Jan 20
New 90-day high: €7.20 The company is up 11% from its price of €6.49 on 22 October 2020. The German market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.04 per share. Is New 90 Day High Low • Jan 05
New 90-day high: €6.94 The company is up 2.0% from its price of €6.83 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.41 per share. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue misses expectations Revenue missed analyst estimates by 2.5%. Over the next year, revenue is expected to shrink by 2.8% compared to a 1.5% growth forecast for the Construction industry in Germany. Reported Earnings • Nov 17
Second quarter 2021 earnings released: EPS JP¥20.68 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥133.4b (down 13% from 2Q 2020). Net income: JP¥4.22b (down 18% from 2Q 2020). Profit margin: 3.2% (down from 3.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥21.4b, up 5.5% from the prior year. Total revenue was JP¥591.0b over the last 12 months, up 1.1% from the prior year. Analyst Estimate Surprise Post Earnings • Nov 01
Semi-annual earnings released: Revenue misses expectations Semi-annual revenue missed analyst estimates by 2.5% at JP¥253.8b. Revenue is expected to shrink by 3.0% over the next year, compared to a 1.3% growth forecast for the Construction industry in Germany. 
