View ValuationElecnor 将来の成長Future 基準チェック /26Elecnor利益と収益がそれぞれ年間14.4%と6.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に14.6% 10.8%なると予測されています。主要情報14.4%収益成長率10.80%EPS成長率Construction 収益成長11.0%収益成長率6.9%将来の株主資本利益率14.60%アナリストカバレッジLow最終更新日13 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 23Elecnor, S.A. to Report Q1, 2026 Results on May 04, 2026Elecnor, S.A. announced that they will report Q1, 2026 results on May 04, 2026お知らせ • Apr 14Elecnor, S.A., Annual General Meeting, May 26, 2026Elecnor, S.A., Annual General Meeting, May 26, 2026. Location: auditorio edificio fortuny, calle rafael calvo 39a, madrid., SpainNew Risk • Mar 05New major risk - Revenue and earnings growthEarnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 357% Earnings have declined by 56% per year over the past 5 years.お知らせ • Feb 10Elecnor, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Elecnor, S.A. announced that they will report fiscal year 2025 results on Feb 26, 2026Declared Dividend • Dec 12First half dividend of €0.077 announcedShareholders will receive a dividend of €0.077. Ex-date: 15th December 2025 Payment date: 17th December 2025 Dividend yield will be 10%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (dividend approximately 10x free cash flows). The dividend has increased by an average of 44% 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.お知らせ • Oct 28Elecnor, S.A. to Report Q3, 2025 Results on Nov 03, 2025Elecnor, S.A. announced that they will report Q3, 2025 results on Nov 03, 2025お知らせ • Jul 21Elecnor, S.A. to Report First Half, 2025 Results on Jul 28, 2025Elecnor, S.A. announced that they will report first half, 2025 results on Jul 28, 2025Declared Dividend • Jun 07Dividend of €2.53 announcedShareholders will receive a dividend of €2.53. Ex-date: 9th June 2025 Payment date: 11th June 2025 Dividend yield will be 34%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 40% 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.お知らせ • Apr 11Elecnor, S.A., Annual General Meeting, May 27, 2025Elecnor, S.A., Annual General Meeting, May 27, 2025. Location: auditorio edificio fortuny, calle rafael calvo 39a., madrid Spainお知らせ • Feb 18Elecnor, S.A. to Report Fiscal Year 2024 Results on Feb 28, 2025Elecnor, S.A. announced that they will report fiscal year 2024 results on Feb 28, 2025Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to €14.36, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 117% over the past three years.Upcoming Dividend • Dec 12Upcoming dividend of €5.03 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 18 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 33%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.0%).Declared Dividend • Nov 28First half dividend of €5.03 announcedShareholders will receive a dividend of €5.03. Ex-date: 16th December 2024 Payment date: 18th December 2024 Dividend yield will be 27%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 12x earnings) nor is it covered by cash flows (322% cash payout ratio). The dividend has increased by an average of 40% 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. The company's earnings per share (EPS) would need to grow by 1,263% to bring the payout ratio under control. However, EPS is expected to decline by 78% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Oct 25Elecnor, S.A. to Report Q3, 2024 Results on Nov 04, 2024Elecnor, S.A. announced that they will report Q3, 2024 results on Nov 04, 2024お知らせ • Aug 08Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO).Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO) on August 7, 2024. Indra Sistemas received approval from the shareholders of Indra for Space spin-off and the creation of the Space New company. The transaction is expected to be completed in the last quarter of the year, once the customary regulatory approvals have been obtained.Reported Earnings • Jul 31First half 2024 earnings releasedFirst half 2024 results: Revenue: €1.73b (down 9.1% from 1H 2023). Net income: €19.8m (down 58% from 1H 2023). Profit margin: 1.1% (down from 2.5% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe.お知らせ • May 24Statkraft AS completed the acquisition of Enerfin, S.A. from Elecnor, S.A. (BME:ENO).Statkraft AS agreed to acquire Enerfin, S.A. from Elecnor, S.A. (BME:ENO) on November 17, 2023. The transaction has an estimated enterprise value of €1.8 billion, including equity and debt, subject to customary adjustments at completion. The transaction is dependent on public approvals in the respective countries and is expected to be closed during the first half of 2024. As of January 24, 2024, Elecnor, S.A. shareholders approved the transaction. Mediobanca and Lazard have acted as financial advisors to Elecnor and Alberto Frasquet, Guillermo Uriarte and Henar González of Herbert Smith Freehills has advised it on the legal aspects of the operation. Ernst & Young Abogados, S.L. acted as due diligence provider to both Statkraft AS and Enerfin, S.A.Statkraft AS completed the acquisition of Enerfin, S.A. from Elecnor, S.A. (BME:ENO) on May 23, 2024.お知らせ • Apr 23Elecnor, S.A. to Report Q1, 2024 Results on Apr 29, 2024Elecnor, S.A. announced that they will report Q1, 2024 results on Apr 29, 2024お知らせ • Apr 16Elecnor, S.A., Annual General Meeting, May 21, 2024Elecnor, S.A., Annual General Meeting, May 21, 2024, at 12:00 Central European Standard Time. Location: Auditorio Edificio Fortuny, located at Calle Rafael Calvo, número 39 A Madrid Spain Agenda: To consider Examination and approval of the Annual Accounts (Balance Sheet, Income Statement, Statement of Changes in Equity, Statement of Cash Flows and Notes) and of the Directors' Report of the Company and its Consolidated Group corresponding to financial year 2023; to consider Examination and approval of the Non-Financial Information Statement of the Company and its Consolidated Group corresponding to financial year 2023; to consider Examination and approval of the proposed allocation of results corresponding to financial year 2023; to consider Examination and approval of the management carried out by the Company's Board of Directors during financial year 2023; to consider Advisory vote on the Annual Report on Directors' Remuneration for 2023; and to consider other matters.お知らせ • Feb 20Elecnor, S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024Elecnor, S.A. announced that they will report fiscal year 2023 results on Feb 29, 2024お知らせ • Oct 24Elecnor, S.A. to Report Q3, 2023 Results on Oct 30, 2023Elecnor, S.A. announced that they will report Q3, 2023 results on Oct 30, 2023お知らせ • Jul 18Elecnor, S.A. to Report Q2, 2023 Results on Jul 27, 2023Elecnor, S.A. announced that they will report Q2, 2023 results on Jul 27, 2023Reported Earnings • Mar 04Full year 2022 earnings released: EPS: €1.21 (vs €1.01 in FY 2021)Full year 2022 results: EPS: €1.21 (up from €1.01 in FY 2021). Revenue: €3.65b (up 16% from FY 2021). Net income: €102.8m (up 20% from FY 2021). Profit margin: 2.8% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buying Opportunity • Sep 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €12.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 7.2%. Revenue is forecast to grow by 5.8% in 2 years. Earnings is forecast to grow by 82% in the next 2 years.Reported Earnings • Jul 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €923.1m (up 13% from 2Q 2021). Net income: €18.4m (up 14% from 2Q 2021). Profit margin: 2.0% (in line with 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.1% growth forecast for the industry in Germany.Buying Opportunity • Jul 01Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €13.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.Upcoming Dividend • May 23Upcoming dividend of €0.24 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.6%).Reported Earnings • May 11First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: €0.30. Revenue: €672.6m (up 28% from 1Q 2021). Net income: €25.4m (up 18% from 1Q 2021). Profit margin: 3.8% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.9%, compared to a 5.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 26Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €3.13b (up 25% from FY 2020). Net income: €85.9m (up 9.7% from FY 2020). Profit margin: 2.7% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Over the next year, revenue is expected to shrink by 11% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.Reported Earnings • Feb 26Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €3.13b (up 25% from FY 2020). Net income: €85.9m (up 9.7% from FY 2020). Profit margin: 2.7% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Over the next year, revenue is expected to shrink by 11% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS €0.28The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €746.8m (up 28% from 3Q 2020). Net income: €23.3m (up 5.4% from 3Q 2020). Profit margin: 3.1% (down from 3.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €813.7m (up 50% from 2Q 2020). Net income: €16.1m (up 24% from 2Q 2020). Profit margin: 2.0% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 28Upcoming dividend of €0.22 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 07 July 2021. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%).Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.93 (vs €1.49 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.50b (flat on FY 2019). Net income: €78.3m (down 38% from FY 2019). Profit margin: 3.1% (down from 5.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Mar 04Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 1.7%, compared to a 6.1% growth forecast for the Construction industry in Germany.Is New 90 Day High Low • Feb 25New 90-day high: €11.05The company is up 23% from its price of €8.98 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 10.0% over the same period.Is New 90 Day High Low • Jan 30New 90-day high: €10.75The company is up 31% from its price of €8.20 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 22% over the same period.Is New 90 Day High Low • Jan 09New 90-day high: €10.65The company is up 30% from its price of €8.22 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 10.0% over the same period.Is New 90 Day High Low • Dec 15New 90-day high: €10.60The company is up 25% from its price of €8.50 on 15 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 6.0% over the same period.Upcoming Dividend • Dec 01Upcoming Dividend of €0.046 Per ShareWill be paid on the 9th of December to those who are registered shareholders by the 7th of December. The trailing yield of 3.5% is below the top quartile of German dividend payers (3.7%), and is lower than industry peers (4.2%).Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS €0.26The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: €582.5m (up 22% from 3Q 2019). Net income: €22.1m (up 11% from 3Q 2019). Profit margin: 3.8% (down from 4.2% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 31New 90-day low: €8.20The company is down 1.0% from its price of €8.30 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 7.0% over the same period.Is New 90 Day High Low • Sep 29New 90-day low: €8.24The company is down 9.0% from its price of €9.02 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 14% over the same period.業績と収益の成長予測BST:EK5 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20284,976178N/A286312/31/20274,685161N/A285312/31/20264,422154N/A230212/31/20254,400111347463N/A9/30/20254,2519212313N/A6/30/20254,101-9376162N/A3/31/20253,965-10837128N/A12/31/20243,830-123-294N/A9/30/20243,818-3986189N/A6/30/20243,80646174284N/A3/31/20243,97545N/AN/AN/A12/31/20233,88263112206N/A9/30/20233,74824N/AN/AN/A6/30/20233,63338133221N/A3/31/20233,747105N/AN/AN/A12/31/20223,42145144227N/A9/30/20223,56596N/AN/AN/A6/30/20223,3899245142N/A3/31/20223,27990N/AN/AN/A12/31/20213,1338698206N/A9/30/20212,97383N/AN/AN/A6/30/20212,8088217206N/A3/31/20212,53879N/AN/AN/A12/31/20202,49878-36194N/A9/30/20202,418125N/AN/AN/A6/30/20202,41112389259N/A3/31/20202,465125N/AN/AN/A12/31/20192,478126109231N/A9/30/20192,29777N/AN/AN/A6/30/20192,27684N/A92N/A3/31/20192,28675N/AN/AN/A12/31/20182,25682N/A168N/A9/30/20182,31873N/AN/AN/A6/30/20182,31473N/A174N/A3/31/20182,32672N/AN/AN/A12/31/20172,31771N/A43N/A9/30/20172,27570N/AN/AN/A6/30/20172,17470N/A81N/A3/31/20172,09469N/AN/AN/A12/31/20162,03568N/A198N/A9/30/20161,93968N/AN/AN/A6/30/20161,92367N/A216N/A3/31/20161,90766N/AN/AN/A12/31/20151,88166N/A237N/A9/30/20151,88165N/AN/AN/A6/30/20151,84961N/A204N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: EK5の予測収益成長率 (年間14.4% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: EK5の収益 ( 14.4% ) German市場 ( 17.2% ) よりも低い成長が予測されています。高成長収益: EK5の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: EK5の収益 ( 6.9% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: EK5の収益 ( 6.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: EK5の 自己資本利益率 は、3年後には低くなると予測されています ( 14.6 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/05/31 18:25終値2026/05/29 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Elecnor, S.A. 3 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。5 アナリスト機関null nullBestinver Sociedad De Valores, S.AÁlvaro NavarroBestinver Sociedad De Valores, S.AManuel CoelhoCaixa Banco BPI2 その他のアナリストを表示
お知らせ • Apr 23Elecnor, S.A. to Report Q1, 2026 Results on May 04, 2026Elecnor, S.A. announced that they will report Q1, 2026 results on May 04, 2026
お知らせ • Apr 14Elecnor, S.A., Annual General Meeting, May 26, 2026Elecnor, S.A., Annual General Meeting, May 26, 2026. Location: auditorio edificio fortuny, calle rafael calvo 39a, madrid., Spain
New Risk • Mar 05New major risk - Revenue and earnings growthEarnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 357% Earnings have declined by 56% per year over the past 5 years.
お知らせ • Feb 10Elecnor, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Elecnor, S.A. announced that they will report fiscal year 2025 results on Feb 26, 2026
Declared Dividend • Dec 12First half dividend of €0.077 announcedShareholders will receive a dividend of €0.077. Ex-date: 15th December 2025 Payment date: 17th December 2025 Dividend yield will be 10%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (dividend approximately 10x free cash flows). The dividend has increased by an average of 44% 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.
お知らせ • Oct 28Elecnor, S.A. to Report Q3, 2025 Results on Nov 03, 2025Elecnor, S.A. announced that they will report Q3, 2025 results on Nov 03, 2025
お知らせ • Jul 21Elecnor, S.A. to Report First Half, 2025 Results on Jul 28, 2025Elecnor, S.A. announced that they will report first half, 2025 results on Jul 28, 2025
Declared Dividend • Jun 07Dividend of €2.53 announcedShareholders will receive a dividend of €2.53. Ex-date: 9th June 2025 Payment date: 11th June 2025 Dividend yield will be 34%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 40% 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.
お知らせ • Apr 11Elecnor, S.A., Annual General Meeting, May 27, 2025Elecnor, S.A., Annual General Meeting, May 27, 2025. Location: auditorio edificio fortuny, calle rafael calvo 39a., madrid Spain
お知らせ • Feb 18Elecnor, S.A. to Report Fiscal Year 2024 Results on Feb 28, 2025Elecnor, S.A. announced that they will report fiscal year 2024 results on Feb 28, 2025
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to €14.36, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 117% over the past three years.
Upcoming Dividend • Dec 12Upcoming dividend of €5.03 per shareEligible shareholders must have bought the stock before 16 December 2024. Payment date: 18 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 33%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.0%).
Declared Dividend • Nov 28First half dividend of €5.03 announcedShareholders will receive a dividend of €5.03. Ex-date: 16th December 2024 Payment date: 18th December 2024 Dividend yield will be 27%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 12x earnings) nor is it covered by cash flows (322% cash payout ratio). The dividend has increased by an average of 40% 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. The company's earnings per share (EPS) would need to grow by 1,263% to bring the payout ratio under control. However, EPS is expected to decline by 78% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Oct 25Elecnor, S.A. to Report Q3, 2024 Results on Nov 04, 2024Elecnor, S.A. announced that they will report Q3, 2024 results on Nov 04, 2024
お知らせ • Aug 08Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO).Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO) on August 7, 2024. Indra Sistemas received approval from the shareholders of Indra for Space spin-off and the creation of the Space New company. The transaction is expected to be completed in the last quarter of the year, once the customary regulatory approvals have been obtained.
Reported Earnings • Jul 31First half 2024 earnings releasedFirst half 2024 results: Revenue: €1.73b (down 9.1% from 1H 2023). Net income: €19.8m (down 58% from 1H 2023). Profit margin: 1.1% (down from 2.5% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe.
お知らせ • May 24Statkraft AS completed the acquisition of Enerfin, S.A. from Elecnor, S.A. (BME:ENO).Statkraft AS agreed to acquire Enerfin, S.A. from Elecnor, S.A. (BME:ENO) on November 17, 2023. The transaction has an estimated enterprise value of €1.8 billion, including equity and debt, subject to customary adjustments at completion. The transaction is dependent on public approvals in the respective countries and is expected to be closed during the first half of 2024. As of January 24, 2024, Elecnor, S.A. shareholders approved the transaction. Mediobanca and Lazard have acted as financial advisors to Elecnor and Alberto Frasquet, Guillermo Uriarte and Henar González of Herbert Smith Freehills has advised it on the legal aspects of the operation. Ernst & Young Abogados, S.L. acted as due diligence provider to both Statkraft AS and Enerfin, S.A.Statkraft AS completed the acquisition of Enerfin, S.A. from Elecnor, S.A. (BME:ENO) on May 23, 2024.
お知らせ • Apr 23Elecnor, S.A. to Report Q1, 2024 Results on Apr 29, 2024Elecnor, S.A. announced that they will report Q1, 2024 results on Apr 29, 2024
お知らせ • Apr 16Elecnor, S.A., Annual General Meeting, May 21, 2024Elecnor, S.A., Annual General Meeting, May 21, 2024, at 12:00 Central European Standard Time. Location: Auditorio Edificio Fortuny, located at Calle Rafael Calvo, número 39 A Madrid Spain Agenda: To consider Examination and approval of the Annual Accounts (Balance Sheet, Income Statement, Statement of Changes in Equity, Statement of Cash Flows and Notes) and of the Directors' Report of the Company and its Consolidated Group corresponding to financial year 2023; to consider Examination and approval of the Non-Financial Information Statement of the Company and its Consolidated Group corresponding to financial year 2023; to consider Examination and approval of the proposed allocation of results corresponding to financial year 2023; to consider Examination and approval of the management carried out by the Company's Board of Directors during financial year 2023; to consider Advisory vote on the Annual Report on Directors' Remuneration for 2023; and to consider other matters.
お知らせ • Feb 20Elecnor, S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024Elecnor, S.A. announced that they will report fiscal year 2023 results on Feb 29, 2024
お知らせ • Oct 24Elecnor, S.A. to Report Q3, 2023 Results on Oct 30, 2023Elecnor, S.A. announced that they will report Q3, 2023 results on Oct 30, 2023
お知らせ • Jul 18Elecnor, S.A. to Report Q2, 2023 Results on Jul 27, 2023Elecnor, S.A. announced that they will report Q2, 2023 results on Jul 27, 2023
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: €1.21 (vs €1.01 in FY 2021)Full year 2022 results: EPS: €1.21 (up from €1.01 in FY 2021). Revenue: €3.65b (up 16% from FY 2021). Net income: €102.8m (up 20% from FY 2021). Profit margin: 2.8% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buying Opportunity • Sep 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €12.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 7.2%. Revenue is forecast to grow by 5.8% in 2 years. Earnings is forecast to grow by 82% in the next 2 years.
Reported Earnings • Jul 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €923.1m (up 13% from 2Q 2021). Net income: €18.4m (up 14% from 2Q 2021). Profit margin: 2.0% (in line with 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.1% growth forecast for the industry in Germany.
Buying Opportunity • Jul 01Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €13.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.
Upcoming Dividend • May 23Upcoming dividend of €0.24 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.6%).
Reported Earnings • May 11First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: €0.30. Revenue: €672.6m (up 28% from 1Q 2021). Net income: €25.4m (up 18% from 1Q 2021). Profit margin: 3.8% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.9%, compared to a 5.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 26Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €3.13b (up 25% from FY 2020). Net income: €85.9m (up 9.7% from FY 2020). Profit margin: 2.7% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Over the next year, revenue is expected to shrink by 11% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
Reported Earnings • Feb 26Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €3.13b (up 25% from FY 2020). Net income: €85.9m (up 9.7% from FY 2020). Profit margin: 2.7% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Over the next year, revenue is expected to shrink by 11% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS €0.28The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €746.8m (up 28% from 3Q 2020). Net income: €23.3m (up 5.4% from 3Q 2020). Profit margin: 3.1% (down from 3.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €813.7m (up 50% from 2Q 2020). Net income: €16.1m (up 24% from 2Q 2020). Profit margin: 2.0% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 28Upcoming dividend of €0.22 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 07 July 2021. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%).
Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.93 (vs €1.49 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.50b (flat on FY 2019). Net income: €78.3m (down 38% from FY 2019). Profit margin: 3.1% (down from 5.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 1.7%, compared to a 6.1% growth forecast for the Construction industry in Germany.
Is New 90 Day High Low • Feb 25New 90-day high: €11.05The company is up 23% from its price of €8.98 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 10.0% over the same period.
Is New 90 Day High Low • Jan 30New 90-day high: €10.75The company is up 31% from its price of €8.20 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 22% over the same period.
Is New 90 Day High Low • Jan 09New 90-day high: €10.65The company is up 30% from its price of €8.22 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Dec 15New 90-day high: €10.60The company is up 25% from its price of €8.50 on 15 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 6.0% over the same period.
Upcoming Dividend • Dec 01Upcoming Dividend of €0.046 Per ShareWill be paid on the 9th of December to those who are registered shareholders by the 7th of December. The trailing yield of 3.5% is below the top quartile of German dividend payers (3.7%), and is lower than industry peers (4.2%).
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS €0.26The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: €582.5m (up 22% from 3Q 2019). Net income: €22.1m (up 11% from 3Q 2019). Profit margin: 3.8% (down from 4.2% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 31New 90-day low: €8.20The company is down 1.0% from its price of €8.30 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 7.0% over the same period.
Is New 90 Day High Low • Sep 29New 90-day low: €8.24The company is down 9.0% from its price of €9.02 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 14% over the same period.