Reported Earnings • May 05
Full year 2025 earnings released: EPS: Kč22.29 (vs Kč21.33 in FY 2024) Full year 2025 results: EPS: Kč22.29 (up from Kč21.33 in FY 2024). Revenue: Kč99.1m (up 14% from FY 2024). Net income: Kč53.3m (up 4.5% from FY 2024). Profit margin: 54% (down from 58% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 05
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 197% Cash payout ratio: 145% Dividend yield: 14% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 197% Cash payout ratio: 145% Minor Risks Revenue is less than US$5m (Kč99m revenue, or US$4.8m). Market cap is less than US$100m (Kč707.9m market cap, or US$33.9m). New Risk • Apr 29
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Revenue has declined by 5.6% over the past year. Minor Risks Revenue is less than US$5m (Kč87m revenue, or US$4.2m). Market cap is less than US$100m (Kč703.1m market cap, or US$33.8m). New Risk • Jan 01
New major risk - Revenue and earnings growth Revenue has declined by 5.6% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Revenue has declined by 5.6% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Revenue is less than US$5m (Kč87m revenue, or US$4.2m). Market cap is less than US$100m (Kč712.7m market cap, or US$34.7m). New Risk • Nov 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (5.3% average weekly change). Revenue is less than US$5m (Kč87m revenue, or US$4.2m). Market cap is less than US$100m (Kč736.6m market cap, or US$35.4m). Annuncio • Oct 28
E4U a.s. announces Annual dividend, payable on October 03, 2025 E4U a.s. announced Annual dividend of CZK 42.0000 per share payable on October 03, 2025, ex-date on September 18, 2025 and record date on September 19, 2025. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Kč328, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 15x in the Renewable Energy industry in Europe. Total returns to shareholders of 182% over the past three years. Buy Or Sell Opportunity • Sep 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.8% to Kč350. The fair value is estimated to be Kč454, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Annuncio • May 30
E4U a.s., Annual General Meeting, Jun 11, 2025 E4U a.s., Annual General Meeting, Jun 11, 2025. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to Kč324, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 15x in the Renewable Energy industry in Europe. Total returns to shareholders of 228% over the past three years. New Risk • Nov 22
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 Czech stocks, typically moving 4.9% 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 Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Revenue has declined by 8.8% over the past year. Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Revenue is less than US$5m (Kč86m revenue, or US$3.5m). Market cap is less than US$100m (Kč430.5m market cap, or US$17.7m). New Risk • Sep 29
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Revenue has declined by 8.8% over the past year. Minor Risks Revenue is less than US$5m (Kč86m revenue, or US$3.8m). Market cap is less than US$100m (Kč454.4m market cap, or US$20.2m). New Risk • Sep 27
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 Czech stocks, typically moving 3.9% 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 Revenue has declined by 8.8% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (3.9% average weekly change). Revenue is less than US$5m (Kč86m revenue, or US$3.8m). Market cap is less than US$100m (Kč452.0m market cap, or US$20.1m). Upcoming Dividend • Sep 12
Upcoming dividend of Kč29.20 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 03 October 2024. Trailing yield: 6.5%. Lower than top quartile of Czech dividend payers (8.0%). Higher than average of industry peers (3.7%). New Risk • Aug 06
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 Czech stocks, typically moving 4.5% 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 Revenue has declined by 8.8% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (4.5% average weekly change). Revenue is less than US$5m (Kč86m revenue, or US$3.7m). Market cap is less than US$100m (Kč497.5m market cap, or US$21.6m). New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 8.8% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Revenue has declined by 8.8% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (Kč86m revenue, or US$3.7m). Market cap is less than US$100m (Kč511.8m market cap, or US$21.9m). Annuncio • May 23
E4U a.s., Annual General Meeting, Jun 12, 2024 E4U a.s., Annual General Meeting, Jun 12, 2024. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Share price has been highly volatile over the past 3 months (6.1% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (Kč86m revenue, or US$3.6m). Market cap is less than US$100m (Kč411.4m market cap, or US$17.3m). New Risk • Apr 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Czech stocks, typically moving 6.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.2% average weekly change). Minor Risks Revenue is less than US$5m (Kč86m revenue, or US$3.6m). Market cap is less than US$100m (Kč418.5m market cap, or US$17.8m). New Risk • Sep 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (Kč91m revenue, or US$3.9m). Market cap is less than US$100m (Kč442.5m market cap, or US$19.3m). New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (4.7% average weekly change). Revenue is less than US$5m (Kč91m revenue, or US$4.0m). Market cap is less than US$100m (Kč452.0m market cap, or US$19.8m). Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to Kč183, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 16x in the Renewable Energy industry in Europe. Total returns to shareholders of 118% over the past three years. Buying Opportunity • Apr 13
Now 21% undervalued Over the last 90 days, the stock is up 7.8%. The fair value is estimated to be Kč175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.7%. Board Change • Jan 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Director Jirí Hriba was the last 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: Lack of independent directors. Insufficient board refreshment. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Director Jirí Hriba was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 04
First half 2022 earnings released: EPS: Kč12.19 (vs Kč9.32 in 1H 2021) First half 2022 results: EPS: Kč12.19 (up from Kč9.32 in 1H 2021). Revenue: Kč55.7m (up 27% from 1H 2021). Net income: Kč29.1m (up 31% from 1H 2021). Profit margin: 52% (up from 51% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 38% share price gain to Kč199, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 27x in the Renewable Energy industry in Europe. Total returns to shareholders of 117% over the past three years. Reported Earnings • May 02
Full year 2021 earnings released: EPS: Kč18.25 (vs Kč16.80 in FY 2020) Full year 2021 results: EPS: Kč18.25 (up from Kč16.80 in FY 2020). Revenue: Kč88.5m (up 5.7% from FY 2020). Net income: Kč43.7m (up 8.6% from FY 2020). Profit margin: 49% (up from 48% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Director Jirí Hriba was the last 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: Lack of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Dec 28
New 90-day high: Kč102 The company is up 10.0% from its price of Kč92.50 on 25 September 2020. The Czech market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 27% over the same period. Reported Earnings • Oct 04
First half earnings released Over the last 12 months the company has reported total profits of Kč43.3m, up 15% from the prior year. Total revenue was Kč89.3m over the last 12 months, up 6.3% from the prior year.