Brenntag（BNR）株式概要ブレンンタークSEは、ドイツ、米国、英国、中国、カナダ、イタリア、ポーランド、フランス、および国際的な化学品および原料の流通に従事している。 詳細BNR ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績0/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より51.8%で取引されている 収益は年間22.98%増加すると予測されています リスク分析財務結果に影響を与える大きな一時的項目 多額の負債を抱えている 利益率(1.5%)は昨年より低い(3.2%) 3.19%の配当は利益で十分にカバーされていない すべてのリスクチェックを見るBNR Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW488,522 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG488,522 investors already sharing narrativesYour Fair Value€Current Price€59.1622.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture019b2016201920222025202620282031Revenue €16.8bEarnings €258.9mAdvancedSet Fair ValueView all narrativesBrenntag SE 競合他社HMS BergbauSymbol: XTRA:HMUMarket cap: €191.7mGEA GroupSymbol: XTRA:G1AMarket cap: €9.8bRATIONALSymbol: XTRA:RAAMarket cap: €7.3bNordexSymbol: XTRA:NDX1Market cap: €9.4b価格と性能株価の高値、安値、推移の概要Brenntag過去の株価現在の株価€59.1652週高値€63.6452週安値€44.26ベータ0.511ヶ月の変化8.31%3ヶ月変化-1.73%1年変化7.29%3年間の変化-13.31%5年間の変化-29.22%IPOからの変化226.67%最新ニュースDeclared Dividend • May 20Dividend reduced to €1.90Dividend of €1.90 is 9.5% lower than last year. Ex-date: 21st May 2026 Payment date: 25th May 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 7.8% 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 34% to bring the payout ratio under control. EPS is expected to grow by 107% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Apr 09Brenntag SE, Annual General Meeting, May 20, 2026Brenntag SE, Annual General Meeting, May 20, 2026, at 10:00 W. Europe Standard Time.お知らせ • Mar 05Brenntag SE announces Annual dividend, payable on May 25, 2026Brenntag SE announced Annual dividend of EUR 1.9000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.お知らせ • Nov 19+ 2 more updatesBrenntag SE to Report Q1, 2026 Results on May 13, 2026Brenntag SE announced that they will report Q1, 2026 results on May 13, 2026Reported Earnings • Aug 18Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.30 (down from €1.03 in 2Q 2024). Revenue: €3.87b (down 7.3% from 2Q 2024). Net income: €42.9m (down 71% from 2Q 2024). Profit margin: 1.1% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Apr 11Brenntag SE, Annual General Meeting, May 22, 2025Brenntag SE, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.最新情報をもっと見るRecent updatesDeclared Dividend • May 20Dividend reduced to €1.90Dividend of €1.90 is 9.5% lower than last year. Ex-date: 21st May 2026 Payment date: 25th May 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 7.8% 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 34% to bring the payout ratio under control. EPS is expected to grow by 107% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Apr 09Brenntag SE, Annual General Meeting, May 20, 2026Brenntag SE, Annual General Meeting, May 20, 2026, at 10:00 W. Europe Standard Time.お知らせ • Mar 05Brenntag SE announces Annual dividend, payable on May 25, 2026Brenntag SE announced Annual dividend of EUR 1.9000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.お知らせ • Nov 19+ 2 more updatesBrenntag SE to Report Q1, 2026 Results on May 13, 2026Brenntag SE announced that they will report Q1, 2026 results on May 13, 2026Reported Earnings • Aug 18Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.30 (down from €1.03 in 2Q 2024). Revenue: €3.87b (down 7.3% from 2Q 2024). Net income: €42.9m (down 71% from 2Q 2024). Profit margin: 1.1% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Apr 11Brenntag SE, Annual General Meeting, May 22, 2025Brenntag SE, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.お知らせ • Mar 13Brenntag SE announces Annual dividend, payable on May 27, 2025Brenntag SE announced Annual dividend of EUR 2.1000 per share payable on May 27, 2025, ex-date on May 23, 2025 and record date on May 26, 2025.お知らせ • Dec 05+ 1 more updateBrenntag SE to Report Q3, 2025 Results on Nov 12, 2025Brenntag SE announced that they will report Q3, 2025 results on Nov 12, 2025New Risk • Nov 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 14Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: €0.82 (down from €1.18 in 3Q 2023). Revenue: €4.07b (flat on 3Q 2023). Net income: €118.2m (down 33% from 3Q 2023). Profit margin: 2.9% (down from 4.3% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Aug 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 52% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.お知らせ • Aug 13+ 1 more updateBrenntag SE to Report Fiscal Year 2024 Final Results on Mar 12, 2025Brenntag SE announced that they will report fiscal year 2024 final results on Mar 12, 2025お知らせ • Aug 02Brenntag SE (XTRA:BNR) acquired Monarch Chemicals Limited.Brenntag SE (XTRA:BNR) acquired Monarch Chemicals Limited on August 1, 2024. Monarch Chemicals has reported annual sales of £35.1 million in 2023. Brenntag SE (XTRA:BNR) completed the acquisition of Monarch Chemicals Limited on August 1, 2024.Upcoming Dividend • May 17Upcoming dividend of €2.10 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).お知らせ • May 09Brenntag SE (XTRA:BNR) agreed to acquire Quimica Delta, S.A. De C.V.Brenntag SE (XTRA:BNR) agreed to acquire Quimica Delta, S.A. De C.V. on May 7, 2024. In 2023, Quimica Delta reported annual sales of $368 million. Closing of the transaction is subject to customary conditions including regulatory approvals and is expected in Q3 of 2024.お知らせ • Apr 04Brenntag SE (XTRA:BNR) acquired Lawrence Industries Limited.Brenntag SE (XTRA:BNR) acquired Lawrence Industries Limited on April 3, 2024. Lawrence Industries to join the Brenntag family. Lawrence Industries generated sales of approximately £30 million in 2023. Brenntag SE (XTRA:BNR) completed the acquisition of Lawrence Industries Limited on April 3, 2024.Reported Earnings • Mar 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €4.73 (down from €5.74 in FY 2022). Revenue: €16.8b (down 14% from FY 2022). Net income: €714.9m (down 19% from FY 2022). Profit margin: 4.3% (down from 4.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 30Brenntag SE, Annual General Meeting, May 23, 2024Brenntag SE, Annual General Meeting, May 23, 2024.お知らせ • Dec 22Brenntag SE (XTRA:BNR) agreed to acquire Solventis Ltd.Brenntag SE (XTRA:BNR) agreed to acquire Solventis Ltd. on December 21, 2023. Closing of the transaction is subject to customary conditions including regulatory approvals and is expected in Q2 of 2024. In 2022, the Solventis group reported annual sales of over €300 million.お知らせ • Dec 20+ 3 more updatesBrenntag SE to Report Q2, 2024 Results on Aug 13, 2024Brenntag SE announced that they will report Q2, 2024 results on Aug 13, 2024お知らせ • Sep 08Brenntag SE (XTRA:BNR) signed an agreement to acquire the operating business from Chemgrit SA (Pty) Ltd.Brenntag SE (XTRA:BNR) signed an agreement to acquire the operating business from Chemgrit SA (Pty) Ltd on September 7, 2023. Brenntag Specialties will integrate Chemgrit’s Personal Care operations into its business unit Personal Care & HI&I. The closing is subject to customary conditions and is expected in the 4th quarter of 2023.お知らせ • Sep 06Kuehne Holding AG acquired a 4.82% stake in Brenntag SE.Kuehne Holding AG acquired a 4.82% stake in Brenntag SE on September 4, 2023. Kuehne Holding AG completed the acquisition of a 4.82% stake in Brenntag SE on September 4, 2023.Reported Earnings • Aug 13Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: €1.23 (down from €1.86 in 2Q 2022). Revenue: €4.26b (down 16% from 2Q 2022). Net income: €186.9m (down 35% from 2Q 2022). Profit margin: 4.4% (down from 5.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 21Brenntag SE agreed to acquire Shanghai Saifu Chemical Development Co., Ltd.Brenntag SE agreed to acquire Shanghai Saifu Chemical Development Co., Ltd. on June 20, 2023. As of December 2022, Shanghai Saifu Chemical Development Co., Ltd. reported annual revenue of €71 million. Closing of the transaction is expected in later this year, after the fulfilment of customary closing conditions.Upcoming Dividend • Jun 09Upcoming dividend of €2.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.7%).Reported Earnings • May 10First quarter 2023 earnings released: EPS: €1.40 (vs €1.61 in 1Q 2022)First quarter 2023 results: EPS: €1.40 (down from €1.61 in 1Q 2022). Revenue: €4.53b (flat on 1Q 2022). Net income: €215.9m (down 13% from 1Q 2022). Profit margin: 4.8% (down from 5.5% in 1Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 10Full year 2022 earnings released: EPS: €5.74 (vs €2.90 in FY 2021)Full year 2022 results: EPS: €5.74 (up from €2.90 in FY 2021). Revenue: €19.4b (up 35% from FY 2021). Net income: €886.8m (up 98% from FY 2021). Profit margin: 4.6% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 26% per year.お知らせ • Feb 16Engine Capital Management LP Sends Letter to Brenntag SEOn February 14, 2023, Engine Capital Management LP announced that, it has taken a 1% stake in Brenntag SE and urged the chemicals distributor to spin off its specialties unit as they would be more valuable as separate entities. Further, Engine Capital stated that it made demands in a letter to Brenntag's management a month after the Company ended talks with smaller U.S. rival Univar Solutions on a possible takeover. In addition, Arnaud Ajdler and Brad Favreau stated that Brenntag's management acknowledged underperformance and took steps to fix it by separation of certain aspects of Brenntag Specialties from Brenntag Essential. As well as, it stated that if Brenntag Specialties takes recommendation of spin-off, it can maximize its potential trade at about 140 euros per share by the end of 2024 and close the gap with its competitors or else it will lose market share. Further, Engine Capital sought a share buyback program and to add a shareholder representative to Brenntag’s supervisory board.お知らせ • Jan 14Brenntag SE Announces Board Changes, Effective April 1, 2023Brenntag SE announced the appointment of Michael Friede to the company's Management Board, effective April 1, 2023. He will succeed Henri Nejade as Chief Operating Officer Brenntag Specialties, who has chosen not to extend his contract by the end of June 30, 2023. Michael Friede joins from Akzo Nobel N.V., where he serves as Chief Commercial Officer - Performance Coatings and Member of the Executive Committee.お知らせ • Dec 21+ 1 more updateBrenntag SE to Report Q3, 2023 Results on Nov 09, 2023Brenntag SE announced that they will report Q3, 2023 results on Nov 09, 2023Reported Earnings • Nov 19Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: €1.60 (up from €1.02 in 3Q 2021). Revenue: €5.10b (up 36% from 3Q 2021). Net income: €246.9m (up 57% from 3Q 2021). Profit margin: 4.8% (up from 4.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 09+ 2 more updatesBrenntag SE, Annual General Meeting, Jun 15, 2023Brenntag SE, Annual General Meeting, Jun 15, 2023.Upcoming Dividend • Jun 03Upcoming dividend of €1.45 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.5%).Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: €1.61 (up from €0.63 in 1Q 2021). Revenue: €4.53b (up 45% from 1Q 2021). Net income: €249.3m (up 156% from 1Q 2021). Profit margin: 5.5% (up from 3.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 5.1%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 11Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €2.90 (down from €3.02 in FY 2020). Revenue: €14.4b (up 22% from FY 2020). Net income: €448.3m (down 3.9% from FY 2020). Profit margin: 3.1% (down from 4.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 5.9%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS €1.02 (vs €0.76 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €3.74b (up 30% from 3Q 2020). Net income: €157.4m (up 34% from 3Q 2020). Profit margin: 4.2% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS €0.87 (vs €0.80 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €3.47b (up 23% from 2Q 2020). Net income: €134.1m (up 8.7% from 2Q 2020). Profit margin: 3.9% (down from 4.4% 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 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 04Upcoming dividend of €1.35 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 15 June 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.3%).Reported Earnings • May 14First quarter 2021 earnings released: EPS €0.63 (vs €0.74 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €3.13b (down 2.3% from 1Q 2020). Net income: €97.5m (down 14% from 1Q 2020). Profit margin: 3.1% (down from 3.5% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 12Full year 2020 earnings released: EPS €3.02 (vs €3.02 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: €11.8b (down 8.2% from FY 2019). Net income: €466.5m (flat on FY 2019). Profit margin: 4.0% (up from 3.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.Analyst Estimate Surprise Post Earnings • Mar 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.1%. Earnings per share (EPS) exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 3.4%, compared to a 4.8% growth forecast for the Trade Distributors industry in Germany.Is New 90 Day High Low • Mar 11New 90-day high: €70.02The company is up 12% from its price of €62.56 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €67.96 per share.Is New 90 Day High Low • Jan 07New 90-day high: €68.18The company is up 23% from its price of €55.56 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.22 per share.Is New 90 Day High Low • Dec 22New 90-day high: €65.50The company is up 20% from its price of €54.50 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Trade Distributors industry, which is also up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.45 per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.8%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 2.5% while the growth in Trade Distributors industry in Germany is expected to stay flat.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS €0.76The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: €2.88b (down 12% from 3Q 2019). Net income: €120.6m (down 5.6% from 3Q 2019). Profit margin: 4.2% (up from 3.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.Is New 90 Day High Low • Nov 05New 90-day high: €58.16The company is up 12% from its price of €52.00 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.72 per share.株主還元BNRDE Trade DistributorsDE 市場7D7.0%5.3%-0.4%1Y7.3%5.6%-0.8%株主還元を見る業界別リターン: BNR過去 1 年間で5.6 % のリターンをもたらしたGerman Trade Distributors業界と一致しました。リターン対市場: BNR過去 1 年間で-0.8 % の収益を上げたGerman市場を上回りました。価格変動Is BNR's price volatile compared to industry and market?BNR volatilityBNR Average Weekly Movement3.9%Trade Distributors Industry Average Movement5.2%Market Average Movement5.4%10% most volatile stocks in DE Market12.8%10% least volatile stocks in DE Market2.8%安定した株価: BNR 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BNRの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト187417,300Jens Birgerssonwww.brenntag.comブレンンターグSEは、ドイツ、米国、英国、中国、カナダ、イタリア、ポーランド、フランス、および国際的な化学品および原料の流通に従事している。ブレンンターグ エッセンシャルズとブレンンターグ スペシャリティーズの2つのセグメントで事業を展開。ジャスト・イン・タイム・デリバリー、製品の混合、調合、再包装、在庫管理、ドラム缶の返品処理に加え、アプリケーション、マーケティング、サプライチェーン・ソリューション、技術・処方サポート、包括的な規制ノウハウ、デジタル販売チャネルや製品プラットフォームなどのデジタル・ソリューションを提供している。栄養、医薬品、美容・介護、水処理、潤滑剤、工業市場、コーティング、接着剤、シーラント、エラストマー、建築、ポリマー、ゴム産業など、さまざまな業界の顧客にサービスを提供している。同社は1874年に設立され、ドイツのエッセンに本社を置いている。もっと見るBrenntag SE 基礎のまとめBrenntag の収益と売上を時価総額と比較するとどうか。BNR 基礎統計学時価総額€8.60b収益（TTM）€227.60m売上高(TTM)€14.76b37.8xPER（株価収益率0.6xP/SレシオBNR は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BNR 損益計算書（TTM）収益€14.76b売上原価€11.00b売上総利益€3.76bその他の費用€3.53b収益€227.60m直近の収益報告Mar 31, 2026次回決算日Aug 12, 2026一株当たり利益（EPS）1.58グロス・マージン25.48%純利益率1.54%有利子負債／自己資本比率62.2%BNR の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.2%現在の配当利回り120%配当性向View Valuation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2026/07/17 23:19終値2026/07/17 00:00収益2026/03/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Brenntag SE 14 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。29 アナリスト機関Volker BosseBaader Helvea Equity ResearchGaurav JainBarclaysJames StewartBarclays26 その他のアナリストを表示
Declared Dividend • May 20Dividend reduced to €1.90Dividend of €1.90 is 9.5% lower than last year. Ex-date: 21st May 2026 Payment date: 25th May 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 7.8% 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 34% to bring the payout ratio under control. EPS is expected to grow by 107% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Apr 09Brenntag SE, Annual General Meeting, May 20, 2026Brenntag SE, Annual General Meeting, May 20, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Mar 05Brenntag SE announces Annual dividend, payable on May 25, 2026Brenntag SE announced Annual dividend of EUR 1.9000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.
お知らせ • Nov 19+ 2 more updatesBrenntag SE to Report Q1, 2026 Results on May 13, 2026Brenntag SE announced that they will report Q1, 2026 results on May 13, 2026
Reported Earnings • Aug 18Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.30 (down from €1.03 in 2Q 2024). Revenue: €3.87b (down 7.3% from 2Q 2024). Net income: €42.9m (down 71% from 2Q 2024). Profit margin: 1.1% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 11Brenntag SE, Annual General Meeting, May 22, 2025Brenntag SE, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.
Declared Dividend • May 20Dividend reduced to €1.90Dividend of €1.90 is 9.5% lower than last year. Ex-date: 21st May 2026 Payment date: 25th May 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 7.8% 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 34% to bring the payout ratio under control. EPS is expected to grow by 107% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Apr 09Brenntag SE, Annual General Meeting, May 20, 2026Brenntag SE, Annual General Meeting, May 20, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Mar 05Brenntag SE announces Annual dividend, payable on May 25, 2026Brenntag SE announced Annual dividend of EUR 1.9000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.
お知らせ • Nov 19+ 2 more updatesBrenntag SE to Report Q1, 2026 Results on May 13, 2026Brenntag SE announced that they will report Q1, 2026 results on May 13, 2026
Reported Earnings • Aug 18Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.30 (down from €1.03 in 2Q 2024). Revenue: €3.87b (down 7.3% from 2Q 2024). Net income: €42.9m (down 71% from 2Q 2024). Profit margin: 1.1% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 11Brenntag SE, Annual General Meeting, May 22, 2025Brenntag SE, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.
お知らせ • Mar 13Brenntag SE announces Annual dividend, payable on May 27, 2025Brenntag SE announced Annual dividend of EUR 2.1000 per share payable on May 27, 2025, ex-date on May 23, 2025 and record date on May 26, 2025.
お知らせ • Dec 05+ 1 more updateBrenntag SE to Report Q3, 2025 Results on Nov 12, 2025Brenntag SE announced that they will report Q3, 2025 results on Nov 12, 2025
New Risk • Nov 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 14Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: €0.82 (down from €1.18 in 3Q 2023). Revenue: €4.07b (flat on 3Q 2023). Net income: €118.2m (down 33% from 3Q 2023). Profit margin: 2.9% (down from 4.3% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Aug 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 52% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.
お知らせ • Aug 13+ 1 more updateBrenntag SE to Report Fiscal Year 2024 Final Results on Mar 12, 2025Brenntag SE announced that they will report fiscal year 2024 final results on Mar 12, 2025
お知らせ • Aug 02Brenntag SE (XTRA:BNR) acquired Monarch Chemicals Limited.Brenntag SE (XTRA:BNR) acquired Monarch Chemicals Limited on August 1, 2024. Monarch Chemicals has reported annual sales of £35.1 million in 2023. Brenntag SE (XTRA:BNR) completed the acquisition of Monarch Chemicals Limited on August 1, 2024.
Upcoming Dividend • May 17Upcoming dividend of €2.10 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).
お知らせ • May 09Brenntag SE (XTRA:BNR) agreed to acquire Quimica Delta, S.A. De C.V.Brenntag SE (XTRA:BNR) agreed to acquire Quimica Delta, S.A. De C.V. on May 7, 2024. In 2023, Quimica Delta reported annual sales of $368 million. Closing of the transaction is subject to customary conditions including regulatory approvals and is expected in Q3 of 2024.
お知らせ • Apr 04Brenntag SE (XTRA:BNR) acquired Lawrence Industries Limited.Brenntag SE (XTRA:BNR) acquired Lawrence Industries Limited on April 3, 2024. Lawrence Industries to join the Brenntag family. Lawrence Industries generated sales of approximately £30 million in 2023. Brenntag SE (XTRA:BNR) completed the acquisition of Lawrence Industries Limited on April 3, 2024.
Reported Earnings • Mar 08Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: €4.73 (down from €5.74 in FY 2022). Revenue: €16.8b (down 14% from FY 2022). Net income: €714.9m (down 19% from FY 2022). Profit margin: 4.3% (down from 4.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 30Brenntag SE, Annual General Meeting, May 23, 2024Brenntag SE, Annual General Meeting, May 23, 2024.
お知らせ • Dec 22Brenntag SE (XTRA:BNR) agreed to acquire Solventis Ltd.Brenntag SE (XTRA:BNR) agreed to acquire Solventis Ltd. on December 21, 2023. Closing of the transaction is subject to customary conditions including regulatory approvals and is expected in Q2 of 2024. In 2022, the Solventis group reported annual sales of over €300 million.
お知らせ • Dec 20+ 3 more updatesBrenntag SE to Report Q2, 2024 Results on Aug 13, 2024Brenntag SE announced that they will report Q2, 2024 results on Aug 13, 2024
お知らせ • Sep 08Brenntag SE (XTRA:BNR) signed an agreement to acquire the operating business from Chemgrit SA (Pty) Ltd.Brenntag SE (XTRA:BNR) signed an agreement to acquire the operating business from Chemgrit SA (Pty) Ltd on September 7, 2023. Brenntag Specialties will integrate Chemgrit’s Personal Care operations into its business unit Personal Care & HI&I. The closing is subject to customary conditions and is expected in the 4th quarter of 2023.
お知らせ • Sep 06Kuehne Holding AG acquired a 4.82% stake in Brenntag SE.Kuehne Holding AG acquired a 4.82% stake in Brenntag SE on September 4, 2023. Kuehne Holding AG completed the acquisition of a 4.82% stake in Brenntag SE on September 4, 2023.
Reported Earnings • Aug 13Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: €1.23 (down from €1.86 in 2Q 2022). Revenue: €4.26b (down 16% from 2Q 2022). Net income: €186.9m (down 35% from 2Q 2022). Profit margin: 4.4% (down from 5.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 21Brenntag SE agreed to acquire Shanghai Saifu Chemical Development Co., Ltd.Brenntag SE agreed to acquire Shanghai Saifu Chemical Development Co., Ltd. on June 20, 2023. As of December 2022, Shanghai Saifu Chemical Development Co., Ltd. reported annual revenue of €71 million. Closing of the transaction is expected in later this year, after the fulfilment of customary closing conditions.
Upcoming Dividend • Jun 09Upcoming dividend of €2.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.7%).
Reported Earnings • May 10First quarter 2023 earnings released: EPS: €1.40 (vs €1.61 in 1Q 2022)First quarter 2023 results: EPS: €1.40 (down from €1.61 in 1Q 2022). Revenue: €4.53b (flat on 1Q 2022). Net income: €215.9m (down 13% from 1Q 2022). Profit margin: 4.8% (down from 5.5% in 1Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: €5.74 (vs €2.90 in FY 2021)Full year 2022 results: EPS: €5.74 (up from €2.90 in FY 2021). Revenue: €19.4b (up 35% from FY 2021). Net income: €886.8m (up 98% from FY 2021). Profit margin: 4.6% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 26% per year.
お知らせ • Feb 16Engine Capital Management LP Sends Letter to Brenntag SEOn February 14, 2023, Engine Capital Management LP announced that, it has taken a 1% stake in Brenntag SE and urged the chemicals distributor to spin off its specialties unit as they would be more valuable as separate entities. Further, Engine Capital stated that it made demands in a letter to Brenntag's management a month after the Company ended talks with smaller U.S. rival Univar Solutions on a possible takeover. In addition, Arnaud Ajdler and Brad Favreau stated that Brenntag's management acknowledged underperformance and took steps to fix it by separation of certain aspects of Brenntag Specialties from Brenntag Essential. As well as, it stated that if Brenntag Specialties takes recommendation of spin-off, it can maximize its potential trade at about 140 euros per share by the end of 2024 and close the gap with its competitors or else it will lose market share. Further, Engine Capital sought a share buyback program and to add a shareholder representative to Brenntag’s supervisory board.
お知らせ • Jan 14Brenntag SE Announces Board Changes, Effective April 1, 2023Brenntag SE announced the appointment of Michael Friede to the company's Management Board, effective April 1, 2023. He will succeed Henri Nejade as Chief Operating Officer Brenntag Specialties, who has chosen not to extend his contract by the end of June 30, 2023. Michael Friede joins from Akzo Nobel N.V., where he serves as Chief Commercial Officer - Performance Coatings and Member of the Executive Committee.
お知らせ • Dec 21+ 1 more updateBrenntag SE to Report Q3, 2023 Results on Nov 09, 2023Brenntag SE announced that they will report Q3, 2023 results on Nov 09, 2023
Reported Earnings • Nov 19Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: €1.60 (up from €1.02 in 3Q 2021). Revenue: €5.10b (up 36% from 3Q 2021). Net income: €246.9m (up 57% from 3Q 2021). Profit margin: 4.8% (up from 4.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 09+ 2 more updatesBrenntag SE, Annual General Meeting, Jun 15, 2023Brenntag SE, Annual General Meeting, Jun 15, 2023.
Upcoming Dividend • Jun 03Upcoming dividend of €1.45 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.5%).
Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: €1.61 (up from €0.63 in 1Q 2021). Revenue: €4.53b (up 45% from 1Q 2021). Net income: €249.3m (up 156% from 1Q 2021). Profit margin: 5.5% (up from 3.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 5.1%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 11Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €2.90 (down from €3.02 in FY 2020). Revenue: €14.4b (up 22% from FY 2020). Net income: €448.3m (down 3.9% from FY 2020). Profit margin: 3.1% (down from 4.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 5.9%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS €1.02 (vs €0.76 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €3.74b (up 30% from 3Q 2020). Net income: €157.4m (up 34% from 3Q 2020). Profit margin: 4.2% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS €0.87 (vs €0.80 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €3.47b (up 23% from 2Q 2020). Net income: €134.1m (up 8.7% from 2Q 2020). Profit margin: 3.9% (down from 4.4% 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 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 04Upcoming dividend of €1.35 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 15 June 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.3%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS €0.63 (vs €0.74 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €3.13b (down 2.3% from 1Q 2020). Net income: €97.5m (down 14% from 1Q 2020). Profit margin: 3.1% (down from 3.5% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 12Full year 2020 earnings released: EPS €3.02 (vs €3.02 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: €11.8b (down 8.2% from FY 2019). Net income: €466.5m (flat on FY 2019). Profit margin: 4.0% (up from 3.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.
Analyst Estimate Surprise Post Earnings • Mar 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.1%. Earnings per share (EPS) exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 3.4%, compared to a 4.8% growth forecast for the Trade Distributors industry in Germany.
Is New 90 Day High Low • Mar 11New 90-day high: €70.02The company is up 12% from its price of €62.56 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €67.96 per share.
Is New 90 Day High Low • Jan 07New 90-day high: €68.18The company is up 23% from its price of €55.56 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.22 per share.
Is New 90 Day High Low • Dec 22New 90-day high: €65.50The company is up 20% from its price of €54.50 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Trade Distributors industry, which is also up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.45 per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.8%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 2.5% while the growth in Trade Distributors industry in Germany is expected to stay flat.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS €0.76The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: €2.88b (down 12% from 3Q 2019). Net income: €120.6m (down 5.6% from 3Q 2019). Profit margin: 4.2% (up from 3.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
Is New 90 Day High Low • Nov 05New 90-day high: €58.16The company is up 12% from its price of €52.00 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.72 per share.
