View Financial HealthExmar 配当と自社株買い配当金 基準チェック /46Exmarは配当を支払う会社で、現在の利回りは8.09%ですが、利益によって十分にカバーされています。次の支払い日は 27th May, 2026で、権利落ち日は25th May, 2026 。主要情報8.1%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り8.1%配当成長10.6%次回配当支払日27 May 26配当落ち日25 May 26一株当たり配当金n/a配当性向51%最近の配当と自社株買いの更新Upcoming Dividend • May 18Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 8.3%. Within top quartile of Belgian dividend payers (6.5%). Higher than average of industry peers (4.4%).Upcoming Dividend • Nov 19Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Belgian dividend payers (6.9%). Higher than average of industry peers (6.0%).Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of Belgian dividend payers (6.6%). Higher than average of industry peers (6.1%).Declared Dividend • Mar 30Final dividend of €0.66 announcedShareholders will receive a dividend of €0.66. Ex-date: 27th May 2024 Payment date: 29th May 2024 Dividend yield will be 62%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (423% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 26% 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 grow by 370% to bring the payout ratio under control. However, EPS is expected to decline by 93% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of Belgian dividend payers (8.0%). Higher than average of industry peers (8.8%).Upcoming Dividend • May 15Upcoming dividend of €0.70 per share at 17% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 17%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (8.9%).すべての更新を表示Recent updatesUpcoming Dividend • May 18Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 8.3%. Within top quartile of Belgian dividend payers (6.5%). Higher than average of industry peers (4.4%).New Risk • Apr 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.4% 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 Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (30% net profit margin).Reported Earnings • Mar 29Full year 2025 earnings released: EPS: US$1.15 (vs US$3.15 in FY 2024)Full year 2025 results: EPS: US$1.15 (down from US$3.15 in FY 2024). Revenue: US$259.2m (down 26% from FY 2024). Net income: US$74.3m (down 59% from FY 2024). Profit margin: 29% (down from 52% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Mar 23New minor risk - Financial data availabilityThe 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 Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (90% cash payout ratio). Large one-off items impacting financial results.お知らせ • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026Upcoming Dividend • Nov 19Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Belgian dividend payers (6.9%). Higher than average of industry peers (6.0%).Reported Earnings • Sep 06First half 2025 earnings released: EPS: US$0.77 (vs US$1.20 in 1H 2024)First half 2025 results: EPS: US$0.77 (down from US$1.20 in 1H 2024). Revenue: US$122.4m (down 37% from 1H 2024). Net income: US$44.4m (down 36% from 1H 2024). Profit margin: 36% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.New Risk • Sep 01New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).New Risk • Aug 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 8.3% 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 Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).Buy Or Sell Opportunity • Aug 08Now 40% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €10.20. The fair value is estimated to be €16.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 8.4%.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €10.20, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 11x in the Oil and Gas industry in Europe. Total returns to shareholders of 200% over the past three years.お知らせ • Apr 18Exmar NV, Annual General Meeting, May 20, 2025Exmar NV, Annual General Meeting, May 20, 2025, at 14:30 Romance Standard Time.Reported Earnings • Mar 28Full year 2024 earnings released: EPS: US$3.15 (vs US$1.25 in FY 2023)Full year 2024 results: EPS: US$3.15 (up from US$1.25 in FY 2023). Revenue: US$455.9m (down 6.5% from FY 2023). Net income: US$181.0m (up 152% from FY 2023). Profit margin: 40% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026New Risk • Dec 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 5.6% 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 (5.6% average weekly change). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share).Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 39%After last week's 39% share price gain to €11.18, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 424% over the past three years.Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: US$0.21 (vs US$0.32 in 3Q 2023)Third quarter 2024 results: EPS: US$0.21 (down from US$0.32 in 3Q 2023). Revenue: US$84.8m (down 42% from 3Q 2023). Net income: US$12.4m (down 33% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 55% 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 Earnings are forecast to decline by an average of 114% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (25% net profit margin).Reported Earnings • Sep 08Second quarter 2024 earnings released: EPS: US$0.81 (vs US$0.031 in 2Q 2023)Second quarter 2024 results: EPS: US$0.81 (up from US$0.031 in 2Q 2023). Revenue: US$86.6m (down 36% from 2Q 2023). Net income: US$47.5m (up US$45.7m from 2Q 2023). Profit margin: 55% (up from 1.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to fall by 84% p.a. on average during the next 2 years compared to a 1.2% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 21First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.34 in 1Q 2023)First quarter 2024 results: EPS: US$0.38 (up from US$0.34 in 1Q 2023). Revenue: US$128.4m (up 95% from 1Q 2023). Net income: US$22.0m (up 15% from 1Q 2023). Profit margin: 17% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 80% p.a. on average during the next 2 years compared to a 1.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of Belgian dividend payers (6.6%). Higher than average of industry peers (6.1%).Declared Dividend • Mar 30Final dividend of €0.66 announcedShareholders will receive a dividend of €0.66. Ex-date: 27th May 2024 Payment date: 29th May 2024 Dividend yield will be 62%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (423% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 26% 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 grow by 370% to bring the payout ratio under control. However, EPS is expected to decline by 93% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Mar 27Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: US$1.25 (down from US$5.60 in FY 2022). Revenue: US$492.2m (up 216% from FY 2022). Net income: US$72.0m (down 78% from FY 2022). Profit margin: 15% (down from 206% in FY 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to fall by 70% p.a. on average during the next 2 years compared to a 1.8% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year.お知らせ • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to fall by 38% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 52% per year.New Risk • Nov 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 9.5% 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 Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Dividend per share is over 25x cash flows per share. Earnings are forecast to decline by an average of 101% per year for the foreseeable future. High level of non-cash earnings (50% accrual ratio).Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of Belgian dividend payers (8.0%). Higher than average of industry peers (8.8%).お知らせ • Oct 10+ 3 more updatesExmar NV to Report Fiscal Year 2023 Final Results on Apr 18, 2024Exmar NV announced that they will report fiscal year 2023 final results on Apr 18, 2024Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: US$0.032 (vs US$0.30 in 2Q 2022)Second quarter 2023 results: EPS: US$0.032 (down from US$0.30 in 2Q 2022). Revenue: US$135.3m (up 313% from 2Q 2022). Net income: US$1.79m (down 90% from 2Q 2022). Profit margin: 1.3% (down from 53% in 2Q 2022). Revenue is expected to fall by 24% p.a. on average during the next 3 years compared to a 5.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 30Exmar NV to Report Q1, 2024 Results on May 16, 2024Exmar NV announced that they will report Q1, 2024 results on May 16, 2024Major Estimate Revision • Jul 05Consensus EPS estimates fall by 76%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$142.9m to US$133.8m. EPS estimate also fell from US$0.834 per share to US$0.196 per share. Net income forecast to shrink 97% next year vs 5.0% decline forecast for Oil and Gas industry in Belgium. Consensus price target up from €9.43 to €11.13. Share price fell 2.4% to €10.66 over the past week.Upcoming Dividend • May 15Upcoming dividend of €0.70 per share at 17% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 17%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (8.9%).Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €11.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 214% over the past three years.Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$5.60 (up from US$0.20 in FY 2021). Revenue: US$476.8m (up 222% from FY 2021). Net income: US$320.3m (up US$308.7m from FY 2021). Profit margin: 67% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 41%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is expected to fall by 35% p.a. on average during the next 2 years compared to a 6.8% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 11Is Exmar NV (EBR:EXM) Worth €9.3 Based On Its Intrinsic Value?Does the November share price for Exmar NV ( EBR:EXM ) reflect what it's really worth? Today, we will estimate the...Upcoming Dividend • Oct 31Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 09 November 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 9.7%. Within top quartile of Belgian dividend payers (7.4%). Higher than average of industry peers (8.1%).お知らせ • Sep 29+ 3 more updatesExmar NV to Report First Half, 2023 Results on Sep 08, 2023Exmar NV announced that they will report first half, 2023 results on Sep 08, 2023Reported Earnings • Sep 11Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.61 in 2Q 2021)Second quarter 2022 results: EPS: US$0.31 (down from US$0.61 in 2Q 2021). Revenue: US$35.3m (down 53% from 2Q 2021). Net income: US$17.3m (down 50% from 2Q 2021). Profit margin: 49% (up from 47% in 2Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 7.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 09An Intrinsic Calculation For Exmar NV (EBR:EXM) Suggests It's 37% UndervaluedToday we will run through one way of estimating the intrinsic value of Exmar NV ( EBR:EXM ) by taking the forecast...Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: US$0.14 loss per share (down from US$0.038 loss in 1Q 2021). Revenue: US$24.3m (down 28% from 1Q 2021). Net loss: US$7.70m (loss widened 250% from 1Q 2021). Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 36% growth forecast for the industry in Belgium. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 17Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: US$0.20 (down from US$1.61 in FY 2020). Revenue: US$148.2m (down 48% from FY 2020). Net income: US$11.6m (down 87% from FY 2020). Profit margin: 7.8% (down from 32% in FY 2020). Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 4.9%, compared to a 30% growth forecast for the oil industry in Belgium. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 25Exmar's (EBR:EXM) Conservative Accounting Might Explain Soft EarningsExmar NV's ( EBR:EXM ) recent soft profit numbers didn't appear to worry shareholders. Our analysis suggests that...Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to €5.00, the stock trades at a trailing P/E ratio of 2.7x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total loss to shareholders of 12% over the past three years.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.52, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total loss to shareholders of 14% over the past three years.Reported Earnings • Sep 12Second quarter 2021 earnings released: EPS US$0.61 (vs US$0.21 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$74.9m (up 83% from 2Q 2020). Net income: US$34.9m (up US$47.2m from 2Q 2020). Profit margin: 47% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 18Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 3.9%. Lower than top quartile of Belgian dividend payers (4.4%). In line with average of industry peers (3.9%).分析記事 • May 03The Attractive Combination That Could Earn Exmar NV (EBR:EXM) A Place In Your Dividend PortfolioDividend paying stocks like Exmar NV ( EBR:EXM ) tend to be popular with investors, and for good reason - some research...Reported Earnings • Apr 26First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$33.5m (down 25% from 1Q 2020). Net loss: US$2.20m (down 113% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.分析記事 • Apr 03There's Been No Shortage Of Growth Recently For Exmar's (EBR:EXM) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Reported Earnings • Mar 21Full year 2020 earnings released: EPS US$1.61 (vs US$0.23 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$286.8m (up 108% from FY 2019). Net income: US$91.9m (up US$105.2m from FY 2019). Profit margin: 32% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.分析記事 • Mar 08Exmar's (EBR:EXM) Shareholders Are Down 61% On Their SharesExmar NV ( EBR:EXM ) shareholders should be happy to see the share price up 11% in the last quarter. But that is little...お知らせ • Mar 03+ 1 more updateGovernment Receives Multiple EoI for Shipping Corporation of IndiaThe government has received at least five expressions of interest, including from the The Great Eastern Shipping Company Limited (BSE:500620) and US-based Safesea Group, for the privatisation of state-run carrier The Shipping Corporation of India Limited (BSE:523598). Vedanta Limited (NSEI:VEDL) and a consortium of Foresight Offshore Drilling Limited S.A.- Belgium-listed Exmar NV (ENXTBR:EXM) and Dubai-based shipping company GMS DMCC have filed their EoIs. Megha Engineering & Infrastructures Limited is also understood to have submitted an EoI, official sources said. The last date for filing expression of interest by potential bidders ended on March 01, 2021. In December 2020, the Department of Investment and Public Asset Management (DIPAM) called expression of interest to privatise Shipping Corporation by selling the government’s 63.75 % stake to a strategic buyer. There are concerns within the government that the delay in finalising a consultant for the task could affect the timeline of the transaction, a government official said. “The process of segregating the non-core assets from the company is running in parallel to the divestment process and is expected to close before the transaction. The cost of this transfer shall be borne by the company (SCI). It is further clarified that in case the divestiture falls beyond the divestment process the long stop date (final date of completion of the de-merger) shall be mentioned in the share purchase agreement,” DIPAM said in response to a query from a potential bidder.分析記事 • Jan 14Could The Exmar NV (EBR:EXM) Ownership Structure Tell Us Something Useful?The big shareholder groups in Exmar NV ( EBR:EXM ) have power over the company. Institutions will often hold stock in...Is New 90 Day High Low • Jan 06New 90-day high: €2.95The company is up 37% from its price of €2.15 on 08 October 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 23% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: €2.61The company is up 28% from its price of €2.04 on 04 September 2020. The Belgian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 11% over the same period.分析記事 • Nov 22Exmar's (EBR:EXM) Stock Price Has Reduced 76% In The Past Five YearsExmar NV (EBR:EXM) shareholders should be happy to see the share price up 16% in the last quarter. But spare a thought...Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$11.0m, with losses widening by 24% from the prior year. Total revenue was US$185.9m over the last 12 months, up 66% from the prior year.配当金の支払いについて今日May 21 2026配当落ち日May 25 2026配当支払日May 27 20262 days 配当落ちから次の4 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: EXMの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: EXMの配当金は過去10年間にわたって増加しています。配当利回り対市場Exmar 配当利回り対市場EXM 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (EXM)8.1%市場下位25% (BE)2.4%市場トップ25% (BE)6.5%業界平均 (Oil and Gas)4.4%アナリスト予想 (EXM) (最長3年)8.1%注目すべき配当: EXMの配当金 ( 8.09% ) はBelgian市場の配当金支払者の下位 25% ( 2.35% ) よりも高くなっています。高配当: EXMの配当金 ( 8.09% ) はBelgian市場 ( 6.53% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: EXMの配当金は、合理的な 配当性向 ( 51.2% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: EXMは高い 現金配当性向 ( 111.5% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YBE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 14:47終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Exmar NV 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関David VagmanBNP ParibasJunior CuigniezDegroof PetercamMartin BørterDNB Carnegie3 その他のアナリストを表示
Upcoming Dividend • May 18Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 8.3%. Within top quartile of Belgian dividend payers (6.5%). Higher than average of industry peers (4.4%).
Upcoming Dividend • Nov 19Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Belgian dividend payers (6.9%). Higher than average of industry peers (6.0%).
Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of Belgian dividend payers (6.6%). Higher than average of industry peers (6.1%).
Declared Dividend • Mar 30Final dividend of €0.66 announcedShareholders will receive a dividend of €0.66. Ex-date: 27th May 2024 Payment date: 29th May 2024 Dividend yield will be 62%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (423% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 26% 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 grow by 370% to bring the payout ratio under control. However, EPS is expected to decline by 93% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of Belgian dividend payers (8.0%). Higher than average of industry peers (8.8%).
Upcoming Dividend • May 15Upcoming dividend of €0.70 per share at 17% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 17%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (8.9%).
Upcoming Dividend • May 18Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 8.3%. Within top quartile of Belgian dividend payers (6.5%). Higher than average of industry peers (4.4%).
New Risk • Apr 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.4% 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 Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (30% net profit margin).
Reported Earnings • Mar 29Full year 2025 earnings released: EPS: US$1.15 (vs US$3.15 in FY 2024)Full year 2025 results: EPS: US$1.15 (down from US$3.15 in FY 2024). Revenue: US$259.2m (down 26% from FY 2024). Net income: US$74.3m (down 59% from FY 2024). Profit margin: 29% (down from 52% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Mar 23New minor risk - Financial data availabilityThe 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 Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (90% cash payout ratio). Large one-off items impacting financial results.
お知らせ • Jan 03Exmar NV to Report First Half, 2026 Results on Sep 04, 2026Exmar NV announced that they will report first half, 2026 results on Sep 04, 2026
Upcoming Dividend • Nov 19Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 26%. Within top quartile of Belgian dividend payers (6.9%). Higher than average of industry peers (6.0%).
Reported Earnings • Sep 06First half 2025 earnings released: EPS: US$0.77 (vs US$1.20 in 1H 2024)First half 2025 results: EPS: US$0.77 (down from US$1.20 in 1H 2024). Revenue: US$122.4m (down 37% from 1H 2024). Net income: US$44.4m (down 36% from 1H 2024). Profit margin: 36% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
New Risk • Sep 01New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).
New Risk • Aug 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 8.3% 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 Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).
Buy Or Sell Opportunity • Aug 08Now 40% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €10.20. The fair value is estimated to be €16.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 8.4%.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €10.20, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 11x in the Oil and Gas industry in Europe. Total returns to shareholders of 200% over the past three years.
お知らせ • Apr 18Exmar NV, Annual General Meeting, May 20, 2025Exmar NV, Annual General Meeting, May 20, 2025, at 14:30 Romance Standard Time.
Reported Earnings • Mar 28Full year 2024 earnings released: EPS: US$3.15 (vs US$1.25 in FY 2023)Full year 2024 results: EPS: US$3.15 (up from US$1.25 in FY 2023). Revenue: US$455.9m (down 6.5% from FY 2023). Net income: US$181.0m (up 152% from FY 2023). Profit margin: 40% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 28+ 3 more updatesExmar NV to Report Fiscal Year 2025 Final Results on Apr 16, 2026Exmar NV announced that they will report fiscal year 2025 final results on Apr 16, 2026
New Risk • Dec 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 5.6% 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 (5.6% average weekly change). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share).
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 39%After last week's 39% share price gain to €11.18, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 424% over the past three years.
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: US$0.21 (vs US$0.32 in 3Q 2023)Third quarter 2024 results: EPS: US$0.21 (down from US$0.32 in 3Q 2023). Revenue: US$84.8m (down 42% from 3Q 2023). Net income: US$12.4m (down 33% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 55% 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 Earnings are forecast to decline by an average of 114% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (25% net profit margin).
Reported Earnings • Sep 08Second quarter 2024 earnings released: EPS: US$0.81 (vs US$0.031 in 2Q 2023)Second quarter 2024 results: EPS: US$0.81 (up from US$0.031 in 2Q 2023). Revenue: US$86.6m (down 36% from 2Q 2023). Net income: US$47.5m (up US$45.7m from 2Q 2023). Profit margin: 55% (up from 1.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to fall by 84% p.a. on average during the next 2 years compared to a 1.2% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 21First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.34 in 1Q 2023)First quarter 2024 results: EPS: US$0.38 (up from US$0.34 in 1Q 2023). Revenue: US$128.4m (up 95% from 1Q 2023). Net income: US$22.0m (up 15% from 1Q 2023). Profit margin: 17% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 80% p.a. on average during the next 2 years compared to a 1.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 20Upcoming dividend of €0.66 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 58%. Within top quartile of Belgian dividend payers (6.6%). Higher than average of industry peers (6.1%).
Declared Dividend • Mar 30Final dividend of €0.66 announcedShareholders will receive a dividend of €0.66. Ex-date: 27th May 2024 Payment date: 29th May 2024 Dividend yield will be 62%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (423% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 26% 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 grow by 370% to bring the payout ratio under control. However, EPS is expected to decline by 93% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Mar 27Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: US$1.25 (down from US$5.60 in FY 2022). Revenue: US$492.2m (up 216% from FY 2022). Net income: US$72.0m (down 78% from FY 2022). Profit margin: 15% (down from 206% in FY 2022). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to fall by 70% p.a. on average during the next 2 years compared to a 1.8% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year.
お知らせ • Jan 12+ 1 more updateExmar NV to Report Q3, 2024 Results on Nov 08, 2024Exmar NV announced that they will report Q3, 2024 results on Nov 08, 2024
Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: US$0.32 (vs US$5.38 in 3Q 2022)Third quarter 2023 results: EPS: US$0.32 (down from US$5.38 in 3Q 2022). Revenue: US$145.2m (up 277% from 3Q 2022). Net income: US$18.4m (down 94% from 3Q 2022). Profit margin: 13% (down from 799% in 3Q 2022). Revenue is expected to fall by 38% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 52% per year.
New Risk • Nov 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 9.5% 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 Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Dividend per share is over 25x cash flows per share. Earnings are forecast to decline by an average of 101% per year for the foreseeable future. High level of non-cash earnings (50% accrual ratio).
Upcoming Dividend • Oct 26Upcoming dividend of €4.08 per shareEligible shareholders must have bought the stock before 02 November 2023. Payment date: 06 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 79%. Within top quartile of Belgian dividend payers (8.0%). Higher than average of industry peers (8.8%).
お知らせ • Oct 10+ 3 more updatesExmar NV to Report Fiscal Year 2023 Final Results on Apr 18, 2024Exmar NV announced that they will report fiscal year 2023 final results on Apr 18, 2024
Reported Earnings • Sep 11Second quarter 2023 earnings released: EPS: US$0.032 (vs US$0.30 in 2Q 2022)Second quarter 2023 results: EPS: US$0.032 (down from US$0.30 in 2Q 2022). Revenue: US$135.3m (up 313% from 2Q 2022). Net income: US$1.79m (down 90% from 2Q 2022). Profit margin: 1.3% (down from 53% in 2Q 2022). Revenue is expected to fall by 24% p.a. on average during the next 3 years compared to a 5.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 30Exmar NV to Report Q1, 2024 Results on May 16, 2024Exmar NV announced that they will report Q1, 2024 results on May 16, 2024
Major Estimate Revision • Jul 05Consensus EPS estimates fall by 76%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$142.9m to US$133.8m. EPS estimate also fell from US$0.834 per share to US$0.196 per share. Net income forecast to shrink 97% next year vs 5.0% decline forecast for Oil and Gas industry in Belgium. Consensus price target up from €9.43 to €11.13. Share price fell 2.4% to €10.66 over the past week.
Upcoming Dividend • May 15Upcoming dividend of €0.70 per share at 17% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 17%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (8.9%).
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €11.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 214% over the past three years.
Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$5.60 (up from US$0.20 in FY 2021). Revenue: US$476.8m (up 222% from FY 2021). Net income: US$320.3m (up US$308.7m from FY 2021). Profit margin: 67% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 41%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is expected to fall by 35% p.a. on average during the next 2 years compared to a 6.8% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 11Is Exmar NV (EBR:EXM) Worth €9.3 Based On Its Intrinsic Value?Does the November share price for Exmar NV ( EBR:EXM ) reflect what it's really worth? Today, we will estimate the...
Upcoming Dividend • Oct 31Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 09 November 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 9.7%. Within top quartile of Belgian dividend payers (7.4%). Higher than average of industry peers (8.1%).
お知らせ • Sep 29+ 3 more updatesExmar NV to Report First Half, 2023 Results on Sep 08, 2023Exmar NV announced that they will report first half, 2023 results on Sep 08, 2023
Reported Earnings • Sep 11Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.61 in 2Q 2021)Second quarter 2022 results: EPS: US$0.31 (down from US$0.61 in 2Q 2021). Revenue: US$35.3m (down 53% from 2Q 2021). Net income: US$17.3m (down 50% from 2Q 2021). Profit margin: 49% (up from 47% in 2Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 7.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 09An Intrinsic Calculation For Exmar NV (EBR:EXM) Suggests It's 37% UndervaluedToday we will run through one way of estimating the intrinsic value of Exmar NV ( EBR:EXM ) by taking the forecast...
Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: US$0.14 loss per share (down from US$0.038 loss in 1Q 2021). Revenue: US$24.3m (down 28% from 1Q 2021). Net loss: US$7.70m (loss widened 250% from 1Q 2021). Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 36% growth forecast for the industry in Belgium. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Maryam Ayati was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 17Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: US$0.20 (down from US$1.61 in FY 2020). Revenue: US$148.2m (down 48% from FY 2020). Net income: US$11.6m (down 87% from FY 2020). Profit margin: 7.8% (down from 32% in FY 2020). Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 4.9%, compared to a 30% growth forecast for the oil industry in Belgium. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 25Exmar's (EBR:EXM) Conservative Accounting Might Explain Soft EarningsExmar NV's ( EBR:EXM ) recent soft profit numbers didn't appear to worry shareholders. Our analysis suggests that...
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to €5.00, the stock trades at a trailing P/E ratio of 2.7x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total loss to shareholders of 12% over the past three years.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.52, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total loss to shareholders of 14% over the past three years.
Reported Earnings • Sep 12Second quarter 2021 earnings released: EPS US$0.61 (vs US$0.21 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$74.9m (up 83% from 2Q 2020). Net income: US$34.9m (up US$47.2m from 2Q 2020). Profit margin: 47% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 18Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 3.9%. Lower than top quartile of Belgian dividend payers (4.4%). In line with average of industry peers (3.9%).
分析記事 • May 03The Attractive Combination That Could Earn Exmar NV (EBR:EXM) A Place In Your Dividend PortfolioDividend paying stocks like Exmar NV ( EBR:EXM ) tend to be popular with investors, and for good reason - some research...
Reported Earnings • Apr 26First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$33.5m (down 25% from 1Q 2020). Net loss: US$2.20m (down 113% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
分析記事 • Apr 03There's Been No Shortage Of Growth Recently For Exmar's (EBR:EXM) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Reported Earnings • Mar 21Full year 2020 earnings released: EPS US$1.61 (vs US$0.23 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$286.8m (up 108% from FY 2019). Net income: US$91.9m (up US$105.2m from FY 2019). Profit margin: 32% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.
分析記事 • Mar 08Exmar's (EBR:EXM) Shareholders Are Down 61% On Their SharesExmar NV ( EBR:EXM ) shareholders should be happy to see the share price up 11% in the last quarter. But that is little...
お知らせ • Mar 03+ 1 more updateGovernment Receives Multiple EoI for Shipping Corporation of IndiaThe government has received at least five expressions of interest, including from the The Great Eastern Shipping Company Limited (BSE:500620) and US-based Safesea Group, for the privatisation of state-run carrier The Shipping Corporation of India Limited (BSE:523598). Vedanta Limited (NSEI:VEDL) and a consortium of Foresight Offshore Drilling Limited S.A.- Belgium-listed Exmar NV (ENXTBR:EXM) and Dubai-based shipping company GMS DMCC have filed their EoIs. Megha Engineering & Infrastructures Limited is also understood to have submitted an EoI, official sources said. The last date for filing expression of interest by potential bidders ended on March 01, 2021. In December 2020, the Department of Investment and Public Asset Management (DIPAM) called expression of interest to privatise Shipping Corporation by selling the government’s 63.75 % stake to a strategic buyer. There are concerns within the government that the delay in finalising a consultant for the task could affect the timeline of the transaction, a government official said. “The process of segregating the non-core assets from the company is running in parallel to the divestment process and is expected to close before the transaction. The cost of this transfer shall be borne by the company (SCI). It is further clarified that in case the divestiture falls beyond the divestment process the long stop date (final date of completion of the de-merger) shall be mentioned in the share purchase agreement,” DIPAM said in response to a query from a potential bidder.
分析記事 • Jan 14Could The Exmar NV (EBR:EXM) Ownership Structure Tell Us Something Useful?The big shareholder groups in Exmar NV ( EBR:EXM ) have power over the company. Institutions will often hold stock in...
Is New 90 Day High Low • Jan 06New 90-day high: €2.95The company is up 37% from its price of €2.15 on 08 October 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 23% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: €2.61The company is up 28% from its price of €2.04 on 04 September 2020. The Belgian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 11% over the same period.
分析記事 • Nov 22Exmar's (EBR:EXM) Stock Price Has Reduced 76% In The Past Five YearsExmar NV (EBR:EXM) shareholders should be happy to see the share price up 16% in the last quarter. But spare a thought...
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of US$11.0m, with losses widening by 24% from the prior year. Total revenue was US$185.9m over the last 12 months, up 66% from the prior year.