View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTIM 将来の成長Future 基準チェック /06現在、 TIMの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Trade Distributors 収益成長13.5%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a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 • Feb 02Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others.Fega & Schmitt ElektrogroßHandel Gmbh agreed to acquire TIM S.A. from Krzysztof Folta and others for PLN 1.1 billion on March 24, 2023. The Offer price will be PLN 50.69, representing a premium of 34.1%, 51.7% and 67.0% to the last closing price. Transaction comprises acquiring also 3LP S.A., TIM’s subsidiary. It was further agreed that the composition of the boards of directors of TIM and 3LP would remain unchanged to allow them to continue the implementation of their existing strategies with the support of the Würth Group. If, as a result of the Offer, the threshold of at least 95% of the total number of votes at the general meeting is achieved, the Offeror intends to announce a squeeze-out of the shares. The offer will open from September 28, 2023, and will close on October 27, 2023. As of October 20, 2023, Fega + Schmitt Elektrogroßhandel Extends Tender Offer For Tim Shares till December 6, 2023. As of November 29, 2023, Fega & Schmitt are extending their tender offer for shares of electrical equipment distributor TIM until December 29, 2023. The share purchase transaction on the Warsaw Stock Exchange is scheduled for January 4, 2024, with the settlement expected to take place on January 9, 2024. The transaction was subject to the approval of the responsible competition authorities. On January 25, 2024, UOKiK Tomasz Chróstny has granted conditional approval and a condition acceptable to the buyer. Anna Romaniuk, Jacek Jarosz, Michal Michalak and Maksymilan Przeczek of mInvestment Banking S.A. acted as financial advisor to TIM S.A. DLA Piper Gizinski Kycia sp. k. acted as legal advisor to TIM S.A. mBank S.A. (WSE:MBK) acted as financial advisor to TIM S.A. BNP Paribas Bank Polska Spolka Akcyjna acted as financial advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Marek Swiatkowski, Piotr Jackowski, and Maciej Goszczyk of Domanski Zakrzewski Palinka sp. k. acted as legal advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Ernst & Young Global Limited acted as accountant to Fega & Schmitt ElektrogroßHandel Gmbh. Santander Bank Polska S.A. – Santander Biuro Maklerskie acts as intermediary broker and transaction advisor under the tender offer for Fega & Schmitt ElektrogroßHandel Gmbh. KPMG Advisory Sp. z o.o. appointed as Fairness Opinion provider by Management Board of TIM. Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others on January 31, 2024. W.EG intends to conduct a public squeeze-out, followed by delisting the company from Warsaw Stock Exchange.お知らせ • Jan 17+ 2 more updatesTIM S.A. to Report Q3, 2024 Results on Nov 21, 2024TIM S.A. announced that they will report Q3, 2024 results on Nov 21, 2024Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.19 (vs zł0.72 in 3Q 2022)Third quarter 2023 results: EPS: zł0.19 (down from zł0.72 in 3Q 2022). Revenue: zł360.7m (down 1.0% from 3Q 2022). Net income: zł4.24m (down 74% from 3Q 2022). Profit margin: 1.2% (down from 4.4% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.Reported Earnings • Sep 20Second quarter 2023 earnings released: EPS: zł0.82 (vs zł1.31 in 2Q 2022)Second quarter 2023 results: EPS: zł0.82 (down from zł1.31 in 2Q 2022). Revenue: zł353.6m (down 2.5% from 2Q 2022). Net income: zł18.2m (down 38% from 2Q 2022). Profit margin: 5.1% (down from 8.0% in 2Q 2022).お知らせ • Jun 02TIM S.A., Annual General Meeting, Jun 27, 2023TIM S.A., Annual General Meeting, Jun 27, 2023, at 10:00 Central European Standard Time.Reported Earnings • May 31First quarter 2023 earnings released: EPS: zł0.66 (vs zł1.41 in 1Q 2022)First quarter 2023 results: EPS: zł0.66 (down from zł1.41 in 1Q 2022). Revenue: zł379.3m (down 7.5% from 1Q 2022). Net income: zł14.7m (down 53% from 1Q 2022). Profit margin: 3.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €10.28, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Trade Distributors industry in Germany. Total returns to shareholders of 53% over the past year.お知らせ • Feb 20TIM S.A. to Report Q3, 2023 Results on Nov 22, 2023TIM S.A. announced that they will report Q3, 2023 results on Nov 22, 2023お知らせ • Feb 03+ 2 more updatesTIM S.A. to Report First Half, 2023 Results on Sep 20, 2023TIM S.A. announced that they will report first half, 2023 results on Sep 20, 2023Upcoming Dividend • Dec 08Upcoming dividend of zł1.35 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).Reported Earnings • Nov 28Third quarter 2022 earnings released: EPS: zł0.72 (vs zł1.12 in 3Q 2021)Third quarter 2022 results: EPS: zł0.72 (down from zł1.12 in 3Q 2021). Revenue: zł364.4m (up 4.7% from 3Q 2021). Net income: zł16.0m (down 36% from 3Q 2021). Profit margin: 4.4% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Sep 24Second quarter 2022 earnings released: EPS: zł1.31 (vs zł1.40 in 2Q 2021)Second quarter 2022 results: EPS: zł1.31 (down from zł1.40 in 2Q 2021). Revenue: zł362.5m (up 11% from 2Q 2021). Net income: zł29.1m (down 6.7% from 2Q 2021). Profit margin: 8.0% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to €5.80, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 22% over the past year.Upcoming Dividend • Jul 19Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 11 August 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.87, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 20% over the past year.Buying Opportunity • May 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €9.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 3.3% in the next year.Reported Earnings • May 01Full year 2021 earnings released: EPS: zł4.14 (vs zł1.67 in FY 2020)Full year 2021 results: EPS: zł4.14 (up from zł1.67 in FY 2020). Revenue: zł1.31b (up 23% from FY 2020). Net income: zł91.8m (up 147% from FY 2020). Profit margin: 7.0% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 23% share price gain to €6.66, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 19x in the Trade Distributors industry in Germany. Total returns to shareholders of 76% over the past year.Buying Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be zł8.43, 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% per annum over the last 3 years. Earnings per share has grown by 68% per annum over the last 3 years.お知らせ • Jan 30+ 3 more updatesTIM S.A. to Report Q3, 2022 Results on Nov 23, 2022TIM S.A. announced that they will report Q3, 2022 results on Nov 23, 2022Upcoming Dividend • Dec 08Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.2%).Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: zł1.12 (up from zł0.47 in 3Q 2020). Revenue: zł348.2m (up 30% from 3Q 2020). Net income: zł24.9m (up 138% from 3Q 2020). Profit margin: 7.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%.Reported Earnings • Sep 23Second quarter 2021 earnings released: EPS zł1.33 (vs zł0.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł328.0m (up 29% from 2Q 2020). Net income: zł29.6m (up 233% from 2Q 2020). Profit margin: 9.0% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue.お知らせ • May 07IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM).IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM) on May 5, 2021. Post completion, TIM S.A. (WSE:TIM) will hold 49% stake in FiberCo Soluções de Infraestrutura Ltda. FiberCo's initial asset base will consist of TIM's secondary network infrastructure contribution covering approximately 6.4 million households, of which 3.5 million are FTTH and 3.5 million FTTC. In addition, other assets, contracts and employees will be transferred to FiberCo, all exclusively related to its activities. These transfers will only take place after the agreement is approved by the competent authorities. The transaction is subject to the fulfillment of certain preceding conditions, including, among others, the contribution of assets described above and the obtaining of authorizations from the competent authorities, such as the Agência Nacional de Telecomunicações - Anatel and the Conselho Administrativo de Defesa Econômica - CADE. TIM expects to use the proceeds of this transaction to help meeting its investment obligations, such as the acquisition of Oi Mobile's assets.Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł1.67 (vs zł0.88 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł1.06b (up 20% from FY 2019). Net income: zł37.1m (up 90% from FY 2019). Profit margin: 3.5% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł5.58, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Trade Distributors industry in Germany. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、TIM は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:7G2 - アナリストの将来予測と過去の財務データ ( )PLN 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3/31/20241,417192690N/A12/31/20231,451553893N/A9/30/20231,4806369136N/A6/30/20231,4847543103N/A3/31/20231,493864382N/A12/31/20221,52310294129N/A9/30/20221,50199103113N/A6/30/20221,4841078391N/A3/31/20221,4501108490N/A12/31/20211,314926167N/A9/30/20211,25487917N/A6/30/20211,174723140N/A3/31/20211,099503546N/A12/31/20201,065372739N/A9/30/20201,004253947N/A6/30/2020966214856N/A3/31/2020923165358N/A12/31/2019890204854N/A9/30/2019871184653N/A6/30/2019856172936N/A3/31/2019844171725N/A12/31/2018830152127N/A9/30/2018810101623N/A6/30/20187836914N/A3/31/201875001017N/A12/31/2017719-4N/A14N/A9/30/2017698-4N/A2N/A6/30/2017686-7N/A-5N/A3/31/2017683-4N/A-19N/A12/31/20166672N/A-10N/A9/30/20166528N/A-15N/A6/30/201663011N/A-6N/A3/31/20166009N/A-3N/A12/31/20155765N/A-15N/A9/30/2015557-13N/A1N/A6/30/2015559-15N/A-6N/A3/31/2015550-16N/A-2N/A12/31/2014529-22N/A-4N/A9/30/2014502-9N/A-15N/A6/30/2014455-9N/A-17N/A3/31/2014412-10N/A-2N/A12/31/2013383-6N/A-14N/A9/30/2013368-5N/A-18N/A6/30/2013346-3N/A-3N/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: 7G2の予測収益成長が 貯蓄率 ( 0.7% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 7G2の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 7G2の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 7G2の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 7G2の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。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: 7G2の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘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2024/06/06 18:48終値2024/03/15 00:00収益2024/03/31年間収益2023/12/31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TIM S.A. 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。2 アナリスト機関Kamil KliszczBiuro maklerskie mBankuMichal SztablerPKO BP Securities
お知らせ • Feb 02Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others.Fega & Schmitt ElektrogroßHandel Gmbh agreed to acquire TIM S.A. from Krzysztof Folta and others for PLN 1.1 billion on March 24, 2023. The Offer price will be PLN 50.69, representing a premium of 34.1%, 51.7% and 67.0% to the last closing price. Transaction comprises acquiring also 3LP S.A., TIM’s subsidiary. It was further agreed that the composition of the boards of directors of TIM and 3LP would remain unchanged to allow them to continue the implementation of their existing strategies with the support of the Würth Group. If, as a result of the Offer, the threshold of at least 95% of the total number of votes at the general meeting is achieved, the Offeror intends to announce a squeeze-out of the shares. The offer will open from September 28, 2023, and will close on October 27, 2023. As of October 20, 2023, Fega + Schmitt Elektrogroßhandel Extends Tender Offer For Tim Shares till December 6, 2023. As of November 29, 2023, Fega & Schmitt are extending their tender offer for shares of electrical equipment distributor TIM until December 29, 2023. The share purchase transaction on the Warsaw Stock Exchange is scheduled for January 4, 2024, with the settlement expected to take place on January 9, 2024. The transaction was subject to the approval of the responsible competition authorities. On January 25, 2024, UOKiK Tomasz Chróstny has granted conditional approval and a condition acceptable to the buyer. Anna Romaniuk, Jacek Jarosz, Michal Michalak and Maksymilan Przeczek of mInvestment Banking S.A. acted as financial advisor to TIM S.A. DLA Piper Gizinski Kycia sp. k. acted as legal advisor to TIM S.A. mBank S.A. (WSE:MBK) acted as financial advisor to TIM S.A. BNP Paribas Bank Polska Spolka Akcyjna acted as financial advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Marek Swiatkowski, Piotr Jackowski, and Maciej Goszczyk of Domanski Zakrzewski Palinka sp. k. acted as legal advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Ernst & Young Global Limited acted as accountant to Fega & Schmitt ElektrogroßHandel Gmbh. Santander Bank Polska S.A. – Santander Biuro Maklerskie acts as intermediary broker and transaction advisor under the tender offer for Fega & Schmitt ElektrogroßHandel Gmbh. KPMG Advisory Sp. z o.o. appointed as Fairness Opinion provider by Management Board of TIM. Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others on January 31, 2024. W.EG intends to conduct a public squeeze-out, followed by delisting the company from Warsaw Stock Exchange.
お知らせ • Jan 17+ 2 more updatesTIM S.A. to Report Q3, 2024 Results on Nov 21, 2024TIM S.A. announced that they will report Q3, 2024 results on Nov 21, 2024
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.19 (vs zł0.72 in 3Q 2022)Third quarter 2023 results: EPS: zł0.19 (down from zł0.72 in 3Q 2022). Revenue: zł360.7m (down 1.0% from 3Q 2022). Net income: zł4.24m (down 74% from 3Q 2022). Profit margin: 1.2% (down from 4.4% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • Sep 20Second quarter 2023 earnings released: EPS: zł0.82 (vs zł1.31 in 2Q 2022)Second quarter 2023 results: EPS: zł0.82 (down from zł1.31 in 2Q 2022). Revenue: zł353.6m (down 2.5% from 2Q 2022). Net income: zł18.2m (down 38% from 2Q 2022). Profit margin: 5.1% (down from 8.0% in 2Q 2022).
お知らせ • Jun 02TIM S.A., Annual General Meeting, Jun 27, 2023TIM S.A., Annual General Meeting, Jun 27, 2023, at 10:00 Central European Standard Time.
Reported Earnings • May 31First quarter 2023 earnings released: EPS: zł0.66 (vs zł1.41 in 1Q 2022)First quarter 2023 results: EPS: zł0.66 (down from zł1.41 in 1Q 2022). Revenue: zł379.3m (down 7.5% from 1Q 2022). Net income: zł14.7m (down 53% from 1Q 2022). Profit margin: 3.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €10.28, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Trade Distributors industry in Germany. Total returns to shareholders of 53% over the past year.
お知らせ • Feb 20TIM S.A. to Report Q3, 2023 Results on Nov 22, 2023TIM S.A. announced that they will report Q3, 2023 results on Nov 22, 2023
お知らせ • Feb 03+ 2 more updatesTIM S.A. to Report First Half, 2023 Results on Sep 20, 2023TIM S.A. announced that they will report first half, 2023 results on Sep 20, 2023
Upcoming Dividend • Dec 08Upcoming dividend of zł1.35 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).
Reported Earnings • Nov 28Third quarter 2022 earnings released: EPS: zł0.72 (vs zł1.12 in 3Q 2021)Third quarter 2022 results: EPS: zł0.72 (down from zł1.12 in 3Q 2021). Revenue: zł364.4m (up 4.7% from 3Q 2021). Net income: zł16.0m (down 36% from 3Q 2021). Profit margin: 4.4% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Sep 24Second quarter 2022 earnings released: EPS: zł1.31 (vs zł1.40 in 2Q 2021)Second quarter 2022 results: EPS: zł1.31 (down from zł1.40 in 2Q 2021). Revenue: zł362.5m (up 11% from 2Q 2021). Net income: zł29.1m (down 6.7% from 2Q 2021). Profit margin: 8.0% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to €5.80, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 22% over the past year.
Upcoming Dividend • Jul 19Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 11 August 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.87, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 20% over the past year.
Buying Opportunity • May 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €9.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 3.3% in the next year.
Reported Earnings • May 01Full year 2021 earnings released: EPS: zł4.14 (vs zł1.67 in FY 2020)Full year 2021 results: EPS: zł4.14 (up from zł1.67 in FY 2020). Revenue: zł1.31b (up 23% from FY 2020). Net income: zł91.8m (up 147% from FY 2020). Profit margin: 7.0% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 23% share price gain to €6.66, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 19x in the Trade Distributors industry in Germany. Total returns to shareholders of 76% over the past year.
Buying Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be zł8.43, 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% per annum over the last 3 years. Earnings per share has grown by 68% per annum over the last 3 years.
お知らせ • Jan 30+ 3 more updatesTIM S.A. to Report Q3, 2022 Results on Nov 23, 2022TIM S.A. announced that they will report Q3, 2022 results on Nov 23, 2022
Upcoming Dividend • Dec 08Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: zł1.12 (up from zł0.47 in 3Q 2020). Revenue: zł348.2m (up 30% from 3Q 2020). Net income: zł24.9m (up 138% from 3Q 2020). Profit margin: 7.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%.
Reported Earnings • Sep 23Second quarter 2021 earnings released: EPS zł1.33 (vs zł0.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł328.0m (up 29% from 2Q 2020). Net income: zł29.6m (up 233% from 2Q 2020). Profit margin: 9.0% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue.
お知らせ • May 07IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM).IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM) on May 5, 2021. Post completion, TIM S.A. (WSE:TIM) will hold 49% stake in FiberCo Soluções de Infraestrutura Ltda. FiberCo's initial asset base will consist of TIM's secondary network infrastructure contribution covering approximately 6.4 million households, of which 3.5 million are FTTH and 3.5 million FTTC. In addition, other assets, contracts and employees will be transferred to FiberCo, all exclusively related to its activities. These transfers will only take place after the agreement is approved by the competent authorities. The transaction is subject to the fulfillment of certain preceding conditions, including, among others, the contribution of assets described above and the obtaining of authorizations from the competent authorities, such as the Agência Nacional de Telecomunicações - Anatel and the Conselho Administrativo de Defesa Econômica - CADE. TIM expects to use the proceeds of this transaction to help meeting its investment obligations, such as the acquisition of Oi Mobile's assets.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł1.67 (vs zł0.88 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł1.06b (up 20% from FY 2019). Net income: zł37.1m (up 90% from FY 2019). Profit margin: 3.5% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł5.58, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Trade Distributors industry in Germany.