Cohort（C7K）株式概要イギリス、ドイツ、ポルトガル、アフリカ、北南米、アジア太平洋、アフリカ、その他ヨーロッパ諸国において、防衛、安全保障、関連市場において様々な製品とサービスを提供している。 詳細C7K ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長4/6過去の実績1/6財務の健全性4/6配当金3/6報酬当社が推定した公正価値より8.6%で取引されている 収益は年間20.23%増加すると予測されています アナリストらは、株価が31.3%上昇するだろうとほぼ一致している。 リスク分析高いレベルの非現金収入 すべてのリスクチェックを見るC7K Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€12.905.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0397m2016201920222025202620282031Revenue UK£397.4mEarnings UK£25.9mAdvancedSet Fair ValueView all narrativesCohort plc 競合他社FrequentisSymbol: XTRA:FQTMarket cap: €982.0mVincorionSymbol: XTRA:V1NCMarket cap: €911.5mGabler GroupSymbol: DB:XK4Market cap: €266.2mScandinavian Astor GroupSymbol: DB:Y73Market cap: €121.4m価格と性能株価の高値、安値、推移の概要Cohort過去の株価現在の株価UK£12.9052週高値UK£20.4052週安値UK£10.00ベータ0.311ヶ月の変化-13.42%3ヶ月変化-5.15%1年変化-30.65%3年間の変化136.70%5年間の変化81.69%IPOからの変化282.34%最新ニュースValuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €12.70, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 41x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.30 per share.New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change).Declared Dividend • Dec 30First half dividend of UK£0.058 announcedShareholders will receive a dividend of UK£0.058. Ex-date: 8th January 2026 Payment date: 17th February 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has 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 13% 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. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 28Cohort plc to Report First Half, 2026 Results on Dec 10, 2025Cohort plc announced that they will report first half, 2026 results on Dec 10, 2025お知らせ • Jul 16+ 1 more updateCohort plc, Annual General Meeting, Sep 25, 2025Cohort plc, Annual General Meeting, Sep 25, 2025.お知らせ • May 29Cohort plc to Report Fiscal Year 2025 Results on Jul 16, 2025Cohort plc announced that they will report fiscal year 2025 results on Jul 16, 2025最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €12.70, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 41x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.30 per share.New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change).Declared Dividend • Dec 30First half dividend of UK£0.058 announcedShareholders will receive a dividend of UK£0.058. Ex-date: 8th January 2026 Payment date: 17th February 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has 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 13% 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. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 28Cohort plc to Report First Half, 2026 Results on Dec 10, 2025Cohort plc announced that they will report first half, 2026 results on Dec 10, 2025お知らせ • Jul 16+ 1 more updateCohort plc, Annual General Meeting, Sep 25, 2025Cohort plc, Annual General Meeting, Sep 25, 2025.お知らせ • May 29Cohort plc to Report Fiscal Year 2025 Results on Jul 16, 2025Cohort plc announced that they will report fiscal year 2025 results on Jul 16, 2025お知らせ • Jan 31Cohort plc (AIM:CHRT) acquired of E M Solutions Pty. Ltd. from Electro Optic Systems Holdings Limited (ASX:EOS).Cohort plc (AIM:CHRT) agreed to acquire E M Solutions Pty. Ltd. from Electro Optic Systems Holdings Limited (ASX:EOS) for approximately AUD 159 million on November 21, 2024. The transaction will not result in any change to Electro Optic Systems Holdings Limited's (ASX:EOS) remaining business operations. Completion of the transaction will automatically trigger the repayment of Electro Optic Systems Holdings Limited's (ASX:EOS) AUD 64 million outstanding debt facility with Washington H. Soul Pattinson and Company Limited (“WHSP”) in full. The transaction shall be part financed through a placing and retail offer for gross proceeds of £41 million (AUD 79.37 million). The transaction is subject to approval by regulatory board / committee. As of November 21, 2024, Cohort plc (AIM:CHRT) obtained approval from the Foreign Investment Review Board (FIRB). The expected completion of the transaction is November 21, 2024 to May 21, 2025. As of December 24, 2024, the revised expected completion of the transaction is by end of February 2025. Any change in the net contribution from the acquisition of EM Solutions in the year ending April 30, 2025 is expected to be de-minimis. The transaction is expected to be materially accretive to adjusted EPS in the first full financial year of ownership (2025/26) and thereafter. On January 20, 2025, Electro Optic Systems Holdings Limited (ASX: EOS) disclosed that the divestment of its subsidiary is now expected to be completed on January 31, 2025, due to the fulfillment of the necessary conditions of the transaction. Cohort plc (AIM:CHRT) completed the acquisition of E M Solutions Pty. Ltd. from Electro Optic Systems Holdings Limited (ASX:EOS) on Januarys 31, 2025.Declared Dividend • Dec 30First half dividend of UK£0.052 announcedShareholders will receive a dividend of UK£0.052. Ex-date: 9th January 2025 Payment date: 18th February 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 14% 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. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 28Cohort plc to Report First Half, 2025 Results on Dec 11, 2024Cohort plc announced that they will report first half, 2025 results on Dec 11, 2024お知らせ • Nov 22+ 1 more updateCohort plc has filed a Follow-on Equity Offering in the amount of £39.999995 million.Cohort plc has filed a Follow-on Equity Offering in the amount of £39.999995 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,571,428 Price\Range: £8.75 Transaction Features: Regulation S; Subsequent Direct Listingお知らせ • Nov 21+ 2 more updatesCohort plc has completed a Follow-on Equity Offering in the amount of £0.999994 million.Cohort plc has completed a Follow-on Equity Offering in the amount of £0.999994 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 114,285 Price\Range: £8.75Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €12.20, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.20 per share.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €11.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.06 per share.New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Sep 25Cohort plc Announces Board and Committee ChangesCohort plc announced that Jeff Perrin retired from the Cohort Board following 24 September 2024 Annual General Meeting after 9 years during which he Chaired the Audit Committee, was a member of the Remuneration Committee and acted as Senior Independent Director. He brought diligence and wisdom to these roles and made a valuable contribution to the development of Cohort. Peter Lynas has succeeded Jeff as Chairman of the Audit Committee and Senior Independent Director.Upcoming Dividend • Aug 15Upcoming dividend of UK£0.10 per shareEligible shareholders must have bought the stock before 22 August 2024. Payment date: 02 October 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%).Declared Dividend • Jul 19Final dividend of UK£0.10 announcedShareholders will receive a dividend of UK£0.10. Ex-date: 22nd August 2024 Payment date: 2nd October 2024 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 13% 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. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 18Full year 2024 earnings released: EPS: UK£0.38 (vs UK£0.28 in FY 2023)Full year 2024 results: EPS: UK£0.38 (up from UK£0.28 in FY 2023). Revenue: UK£202.5m (up 11% from FY 2023). Net income: UK£15.3m (up 35% from FY 2023). Profit margin: 7.6% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 17Cohort plc Recommends Final Dividend, Payable on 2 October 2024The Board of Cohort plc is recommending a final dividend of 10.10 pence per ordinary share (2023: 9.15 pence), making a total dividend of 14.80 pence per ordinary share (2023: 13.40 pence) for the year, a 10% increase. The dividend has been increased every year since the Group's IPO in 2006. The final dividend will be payable on 2 October 2024 to shareholders on the register at 23 August 2024, subject to approval at the Annual General Meeting on 24 September 2024.お知らせ • Jul 11Cohort plc to Report Fiscal Year 2024 Results on Jul 17, 2024Cohort plc announced that they will report fiscal year 2024 results on Jul 17, 2024Buy Or Sell Opportunity • Jul 01Now 15% overvalued after recent price riseOver the last 90 days, the stock has risen 8.8% to €8.65. The fair value is estimated to be €7.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.4% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.Buy Or Sell Opportunity • Jun 19Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to €9.10. The fair value is estimated to be €7.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.4% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.20, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 9.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.33 per share.Buy Or Sell Opportunity • Feb 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €6.05. The fair value is estimated to be €5.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to decline by 0.3% in 2 years. Earnings are forecast to grow by 0.2% in the next 2 years.Buy Or Sell Opportunity • Feb 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €6.30. The fair value is estimated to be €5.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to decline by 0.3% in 2 years. Earnings are forecast to grow by 0.2% in the next 2 years.Recent Insider Transactions • Jan 19Non-Executive director recently bought €95k worth of stockOn the 17th of January, Peter Lynas bought around 15k shares on-market at roughly €6.36 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €90k more in shares than they have sold in the last 12 months.Upcoming Dividend • Dec 28Upcoming dividend of UK£0.047 per share at 2.5% yieldEligible shareholders must have bought the stock before 04 January 2024. Payment date: 13 February 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.5%).お知らせ • Dec 17Cohort plc, Annual General Meeting, Sep 24, 2024Cohort plc, Annual General Meeting, Sep 24, 2024.Reported Earnings • Dec 15First half 2024 earnings released: EPS: UK£0.075 (vs UK£0.027 in 1H 2023)First half 2024 results: EPS: UK£0.075 (up from UK£0.027 in 1H 2023). Revenue: UK£94.3m (up 22% from 1H 2023). Net income: UK£3.02m (up 172% from 1H 2023). Profit margin: 3.2% (up from 1.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Dec 13+ 1 more updateCohort plc Announces Board ChangesCohort plc announced the appointment of Peter John Lynas as a non-executive director, with effect from 2 January 2024. He will also become a member of the Audit, Remuneration and Nomination Committees. Jeff Perrin, currently Chairman of the Audit Committee, has advised the Board of his intention to retire from the Board following the 2024 AGM, after 9 years in post, and it is planned that Peter Lynas will then replace him as Chairman of the Audit Committee. Peter Lynas is a qualified FCCA who spent the early part of his career in a variety of financial roles, primarily with GEC Marconi. From 2000 he was at BAE Systems, first as Group Controller and then as Group Finance Director from 2011 until his retirement in 2020. In addition to his wide and deep knowledge of all aspects of finance in the international defence and aerospace sector, encompassing financial control and reporting, treasury, tax, risk management, M&A and investor relations, Peter has considerable experience of programme management and strategy development and execution. Peter is also a non-executive director of FirstGroup plc and he served as a non-executive Director of SSE plc from 2014 until 2023.Buying Opportunity • Dec 08Now 20% undervaluedOver the last 90 days, the stock is up 2.7%. The fair value is estimated to be €7.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period.お知らせ • Nov 30Cohort plc to Report First Half, 2024 Results on Dec 13, 2023Cohort plc announced that they will report first half, 2024 results on Dec 13, 2023Reported Earnings • Aug 25Full year 2023 earnings released: EPS: UK£0.28 (vs UK£0.23 in FY 2022)Full year 2023 results: EPS: UK£0.28 (up from UK£0.23 in FY 2022). Revenue: UK£182.7m (up 33% from FY 2022). Net income: UK£11.4m (up 23% from FY 2022). Profit margin: 6.2% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Aug 24Cohort plc, Annual General Meeting, Sep 26, 2023Cohort plc, Annual General Meeting, Sep 26, 2023, at 13:30 Coordinated Universal Time. Location: Boyes Turner LLP, Abbots House, Abbey Street Reading United KingdomUpcoming Dividend • Aug 17Upcoming dividend of UK£0.091 per share at 2.6% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%).お知らせ • Jul 21Cohort plc Recommends Final Dividend for the Fiscal Year 2023, Payable on 3 October 2023Cohort plc recommended final dividend of 9.15 pence per ordinary share (2022: 8.35 pence), making a total dividend of 13.40 pence per ordinary share (2022: 12.20 pence) for the year, representing a 10% increase. The dividend has been increased every year since the Group's IPO in 2006. It will be payable on 3 October 2023 to shareholders on the register at 25 August 2023, subject to approval at the Annual General Meeting on 26 September 2023.Reported Earnings • Jul 20Full year 2023 earnings released: EPS: UK£0.28 (vs UK£0.23 in FY 2022)Full year 2023 results: EPS: UK£0.28 (up from UK£0.23 in FY 2022). Revenue: UK£182.7m (up 33% from FY 2022). Net income: UK£11.4m (up 23% from FY 2022). Profit margin: 6.2% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.New Risk • Jun 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.3% average weekly change). Significant insider selling over the past 3 months (€91k sold).Upcoming Dividend • Dec 29Upcoming dividend of UK£0.043 per shareEligible shareholders must have bought the stock before 05 January 2023. Payment date: 14 February 2023. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.3%).Reported Earnings • Dec 15First half 2023 earnings released: EPS: UK£0.027 (vs UK£0.017 loss in 1H 2022)First half 2023 results: EPS: UK£0.027 (up from UK£0.017 loss in 1H 2022). Revenue: UK£77.5m (up 29% from 1H 2022). Net income: UK£1.11m (up UK£1.82m from 1H 2022). Profit margin: 1.4% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense 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 fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Dec 14Cohort plc Declares Interim Dividend, Payable on 14 February 2023The Board of Cohort plc has declared an interim dividend of 4.25 pence per share (2021: 3.85 pence per share), 10% higher than last year. The interim dividend is payable on 14 February 2023 to shareholders on the register as of 6 January 2023.お知らせ • Dec 06Cohort plc to Report First Half, 2023 Results on Dec 14, 2022Cohort plc announced that they will report first half, 2023 results on Dec 14, 2022Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €4.34, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Aerospace & Defense industry in Germany. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.01 per share.Upcoming Dividend • Aug 18Upcoming dividend of UK£0.084 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.4%).Reported Earnings • Jul 29Full year 2022 earnings released: EPS: UK£0.23 (vs UK£0.13 in FY 2021)Full year 2022 results: EPS: UK£0.23 (up from UK£0.13 in FY 2021). Revenue: UK£137.8m (down 3.9% from FY 2021). Net income: UK£9.20m (up 68% from FY 2021). Profit margin: 6.7% (up from 3.8% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 19%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jul 28+ 3 more updatesCohort plc, Annual General Meeting, Sep 27, 2022Cohort plc, Annual General Meeting, Sep 27, 2022. Agenda: To consider approval of dividend.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Ed Lowe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Mar 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be UK£6.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Buying Opportunity • Mar 04Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 5.3%. The fair value is estimated to be UK£8.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 34% share price gain to €6.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.50 per share.Upcoming Dividend • Dec 30Upcoming dividend of UK£0.038 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 14 February 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.7%).Reported Earnings • Dec 16First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: UK£0.017 loss per share (down from UK£0.003 profit in 1H 2021). Revenue: UK£60.0m (up 10% from 1H 2021). Net loss: UK£710.0k (down UK£814.0k from profit in 1H 2021). Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 6.9%, compared to a 24% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Aug 28Full year 2021 earnings released: EPS UK£0.13 (vs UK£0.23 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£143.3m (up 9.3% from FY 2020). Net income: UK£5.46m (down 43% from FY 2020). Profit margin: 3.8% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 12Upcoming dividend of UK£0.076 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 27 September 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to UK£6.75, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.72 per share.Reported Earnings • Jul 28Full year 2021 earnings released: EPS UK£0.13 (vs UK£0.23 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£143.3m (up 9.3% from FY 2020). Net income: UK£5.46m (down 43% from FY 2020). Profit margin: 3.8% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 16New 90-day high: €7.15The company is up 8.0% from a price of €6.62 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Exceeded the Aerospace & Defense industry, which is down 3.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €10.53 per share.Recent Insider Transactions • Jan 14Chairman of the Board recently sold €2.0m worth of stockOn the 12th of January, Nicholas Prest sold around 285k shares on-market at roughly €6.89 per share. This was the largest sale by an insider in the last 3 months. This was Nicholas' only on-market trade for the last 12 months.Is New 90 Day High Low • Dec 29New 90-day high: €7.12The company is up 9.0% from its price of €6.54 on 30 September 2020. The German market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Aerospace & Defense industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.74 per share.Reported Earnings • Dec 12First half 2021 earnings released: EPS UK£0.003The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: UK£54.4m (down 9.5% from 1H 2020). Net income: UK£104.0k (down 74% from 1H 2020). Profit margin: 0.2% (down from 0.7% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 11Cohort plc, Annual General Meeting, Sep 20, 2021Cohort plc, Annual General Meeting, Sep 20, 2021.Is New 90 Day High Low • Dec 04New 90-day high: €6.94The company is up 3.0% from its price of €6.72 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.06 per share.お知らせ • Dec 04Cohort plc (AIM:CHRT) completed the acquisition of Wartsila Elac Nautik GmbH from Wärtsilä Oyj Abp (HLSE:WRT1V).Cohort plc (AIM:CHRT) agreed to acquire L-3 Communications ELAC Nautik GmbH from Wärtsilä Oyj Abp (HLSE:WRT1V) for €11.25 million on December 12, 2019. There is no earn-out. The actual consideration will be adjusted to take into account the pension deficit and, based on completion accounts, the cash and working capital in the business at closing. On completion, Cohort will pay an agreed initial consideration of €10.5 million which is being funded through a combination of own cash and the Group’s £30 million revolving credit facility, with the Group expecting additionally to draw down on its £10 million accordion facility. Wärtsilä ELAC Nautik GmbH will be renamed ELAC SONAR GmbH. It generates annual revenues of approximately €21 million. In its financial year ended December 31, 2018, ELAC generated revenues of €20.7 million and EBIT of €1.4 million and total assets of €21.7 million. Subject to German government approval, completion of the transaction is expected on or before June 30, 2020. As on July 23, 2020, transaction is subject to approval from German Federal Government and is expected to complete by September 30, 2020. The acquisition is expected to be immediately earnings enhancing following completion. Daniel Adams and Chris Baird of Investec Bank Plc acted as nominated and financial advisor to Cohort. GÖRG Rechtsanwälte acted as legal advisor to Cohort plc (AIM:CHRT). Dr Hendrik Drinkuth, Dr Hermann Müller, Dr Heino Büsching, Dr Isabelle Holly and Dr Andreas Hofelich of CMS Hasche Sigle PG v. RA u. STB mbH acted as legal advisors to Wärtsilä Oyj Abp. Cohort plc (AIM:CHRT) completed the acquisition of Wartsila Elac Nautik GmbH from Wärtsilä Oyj Abp (HLSE:WRT1V) on December 3, 2020. The acquisition was approved by German government in November 2020.お知らせ • Nov 19Cohort plc to Report First Half, 2021 Results on Dec 10, 2020Cohort plc announced that they will report first half, 2021 results on Dec 10, 2020Is New 90 Day High Low • Nov 07New 90-day low: €6.04The company is down 17% from its price of €7.24 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.01 per share.Is New 90 Day High Low • Oct 21New 90-day low: €6.20The company is down 2.0% from its price of €6.34 on 23 July 2020. The German market is also down 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.61 per share.株主還元C7KDE Aerospace & DefenseDE 市場7D0.8%12.1%3.2%1Y-30.6%-14.9%2.5%株主還元を見る業界別リターン: C7K過去 1 年間で-14.9 % の収益を上げたGerman Aerospace & Defense業界を下回りました。リターン対市場: C7Kは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is C7K's price volatile compared to industry and market?C7K volatilityC7K Average Weekly Movement7.0%Aerospace & Defense Industry Average Movement8.8%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: C7K 、 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: C7Kの 週次ボラティリティ ( 7% ) 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20061,647Andy Thomiswww.cohortplc.comイギリス、ドイツ、ポルトガル、アフリカ、北南米、アジア太平洋、アフリカ、その他ヨーロッパ諸国において、防衛、セキュリティ、関連市場で様々な製品とサービスを提供している。通信・インテリジェンス部門、センサー・エフェクター部門を通じて事業を展開している。同社は、指揮、制御、通信、コンピューター、情報、監視、目標捕捉、偵察などのチェス・ダイナミック、監視、火器管制、および戦闘システムを提供している。軍艦や潜水艦向けの統合指揮・制御・通信システム、戦術無線、車両用インカム、現場通信、ネットワーキング・ソフトウェア・機器、電子戦作戦支援、情報管理、サイバーセキュリティ、訓練支援サービス、ソナーシステムと水中通信、電子・監視技術サービスを提供している。さらに、訓練とシミュレーション、デジタル・フォレンジック、研究、助言、サポート・サービス、電子ハードウェアおよびソフトウェア・ソリューション、陸上および海上領域向けのソナー、レーダー、視覚、インテリジェント輸送システムも提供している。陸・海・空の防衛・セキュリティ市場や輸送市場の顧客に製品とサービスを提供している。コーホート社は2006年に設立され、英国レディングに本社を置いている。もっと見るCohort plc 基礎のまとめCohort の収益と売上を時価総額と比較するとどうか。C7K 基礎統計学時価総額€634.39m収益（TTM）€21.15m売上高(TTM)€324.96m30.0xPER（株価収益率2.0xP/SレシオC7K 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C7K 損益計算書（TTM）収益UK£280.62m売上原価UK£186.54m売上総利益UK£94.08mその他の費用UK£75.82m収益UK£18.26m直近の収益報告Oct 31, 2025次回決算日該当なし一株当たり利益（EPS）0.40グロス・マージン33.53%純利益率6.51%有利子負債／自己資本比率51.3%C7K 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1.4%現在の配当利回り42%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2026/05/25 03:25終値2026/05/22 00:00収益2025/10/31年間収益2025/04/30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Cohort plc 7 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。13 アナリスト機関Anthony PlomCanaccord GenuityAndrew ChambersEdison Investment ResearchDavid Michael JeremyEquity Development Limited10 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €12.70, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 41x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.30 per share.
New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change).
Declared Dividend • Dec 30First half dividend of UK£0.058 announcedShareholders will receive a dividend of UK£0.058. Ex-date: 8th January 2026 Payment date: 17th February 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has 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 13% 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. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 28Cohort plc to Report First Half, 2026 Results on Dec 10, 2025Cohort plc announced that they will report first half, 2026 results on Dec 10, 2025
お知らせ • Jul 16+ 1 more updateCohort plc, Annual General Meeting, Sep 25, 2025Cohort plc, Annual General Meeting, Sep 25, 2025.
お知らせ • May 29Cohort plc to Report Fiscal Year 2025 Results on Jul 16, 2025Cohort plc announced that they will report fiscal year 2025 results on Jul 16, 2025
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €12.70, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 41x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.30 per share.
New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change).
Declared Dividend • Dec 30First half dividend of UK£0.058 announcedShareholders will receive a dividend of UK£0.058. Ex-date: 8th January 2026 Payment date: 17th February 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has 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 13% 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. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 28Cohort plc to Report First Half, 2026 Results on Dec 10, 2025Cohort plc announced that they will report first half, 2026 results on Dec 10, 2025
お知らせ • Jul 16+ 1 more updateCohort plc, Annual General Meeting, Sep 25, 2025Cohort plc, Annual General Meeting, Sep 25, 2025.
お知らせ • May 29Cohort plc to Report Fiscal Year 2025 Results on Jul 16, 2025Cohort plc announced that they will report fiscal year 2025 results on Jul 16, 2025
お知らせ • Jan 31Cohort plc (AIM:CHRT) acquired of E M Solutions Pty. Ltd. from Electro Optic Systems Holdings Limited (ASX:EOS).Cohort plc (AIM:CHRT) agreed to acquire E M Solutions Pty. Ltd. from Electro Optic Systems Holdings Limited (ASX:EOS) for approximately AUD 159 million on November 21, 2024. The transaction will not result in any change to Electro Optic Systems Holdings Limited's (ASX:EOS) remaining business operations. Completion of the transaction will automatically trigger the repayment of Electro Optic Systems Holdings Limited's (ASX:EOS) AUD 64 million outstanding debt facility with Washington H. Soul Pattinson and Company Limited (“WHSP”) in full. The transaction shall be part financed through a placing and retail offer for gross proceeds of £41 million (AUD 79.37 million). The transaction is subject to approval by regulatory board / committee. As of November 21, 2024, Cohort plc (AIM:CHRT) obtained approval from the Foreign Investment Review Board (FIRB). The expected completion of the transaction is November 21, 2024 to May 21, 2025. As of December 24, 2024, the revised expected completion of the transaction is by end of February 2025. Any change in the net contribution from the acquisition of EM Solutions in the year ending April 30, 2025 is expected to be de-minimis. The transaction is expected to be materially accretive to adjusted EPS in the first full financial year of ownership (2025/26) and thereafter. On January 20, 2025, Electro Optic Systems Holdings Limited (ASX: EOS) disclosed that the divestment of its subsidiary is now expected to be completed on January 31, 2025, due to the fulfillment of the necessary conditions of the transaction. Cohort plc (AIM:CHRT) completed the acquisition of E M Solutions Pty. Ltd. from Electro Optic Systems Holdings Limited (ASX:EOS) on Januarys 31, 2025.
Declared Dividend • Dec 30First half dividend of UK£0.052 announcedShareholders will receive a dividend of UK£0.052. Ex-date: 9th January 2025 Payment date: 18th February 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 14% 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. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 28Cohort plc to Report First Half, 2025 Results on Dec 11, 2024Cohort plc announced that they will report first half, 2025 results on Dec 11, 2024
お知らせ • Nov 22+ 1 more updateCohort plc has filed a Follow-on Equity Offering in the amount of £39.999995 million.Cohort plc has filed a Follow-on Equity Offering in the amount of £39.999995 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,571,428 Price\Range: £8.75 Transaction Features: Regulation S; Subsequent Direct Listing
お知らせ • Nov 21+ 2 more updatesCohort plc has completed a Follow-on Equity Offering in the amount of £0.999994 million.Cohort plc has completed a Follow-on Equity Offering in the amount of £0.999994 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 114,285 Price\Range: £8.75
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €12.20, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.20 per share.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €11.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.06 per share.
New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Sep 25Cohort plc Announces Board and Committee ChangesCohort plc announced that Jeff Perrin retired from the Cohort Board following 24 September 2024 Annual General Meeting after 9 years during which he Chaired the Audit Committee, was a member of the Remuneration Committee and acted as Senior Independent Director. He brought diligence and wisdom to these roles and made a valuable contribution to the development of Cohort. Peter Lynas has succeeded Jeff as Chairman of the Audit Committee and Senior Independent Director.
Upcoming Dividend • Aug 15Upcoming dividend of UK£0.10 per shareEligible shareholders must have bought the stock before 22 August 2024. Payment date: 02 October 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%).
Declared Dividend • Jul 19Final dividend of UK£0.10 announcedShareholders will receive a dividend of UK£0.10. Ex-date: 22nd August 2024 Payment date: 2nd October 2024 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 13% 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. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 18Full year 2024 earnings released: EPS: UK£0.38 (vs UK£0.28 in FY 2023)Full year 2024 results: EPS: UK£0.38 (up from UK£0.28 in FY 2023). Revenue: UK£202.5m (up 11% from FY 2023). Net income: UK£15.3m (up 35% from FY 2023). Profit margin: 7.6% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 17Cohort plc Recommends Final Dividend, Payable on 2 October 2024The Board of Cohort plc is recommending a final dividend of 10.10 pence per ordinary share (2023: 9.15 pence), making a total dividend of 14.80 pence per ordinary share (2023: 13.40 pence) for the year, a 10% increase. The dividend has been increased every year since the Group's IPO in 2006. The final dividend will be payable on 2 October 2024 to shareholders on the register at 23 August 2024, subject to approval at the Annual General Meeting on 24 September 2024.
お知らせ • Jul 11Cohort plc to Report Fiscal Year 2024 Results on Jul 17, 2024Cohort plc announced that they will report fiscal year 2024 results on Jul 17, 2024
Buy Or Sell Opportunity • Jul 01Now 15% overvalued after recent price riseOver the last 90 days, the stock has risen 8.8% to €8.65. The fair value is estimated to be €7.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.4% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.
Buy Or Sell Opportunity • Jun 19Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to €9.10. The fair value is estimated to be €7.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.4% in 2 years. Earnings are forecast to grow by 13% in the next 2 years.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.20, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 9.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.33 per share.
Buy Or Sell Opportunity • Feb 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €6.05. The fair value is estimated to be €5.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to decline by 0.3% in 2 years. Earnings are forecast to grow by 0.2% in the next 2 years.
Buy Or Sell Opportunity • Feb 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €6.30. The fair value is estimated to be €5.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to decline by 0.3% in 2 years. Earnings are forecast to grow by 0.2% in the next 2 years.
Recent Insider Transactions • Jan 19Non-Executive director recently bought €95k worth of stockOn the 17th of January, Peter Lynas bought around 15k shares on-market at roughly €6.36 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €90k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Dec 28Upcoming dividend of UK£0.047 per share at 2.5% yieldEligible shareholders must have bought the stock before 04 January 2024. Payment date: 13 February 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.5%).
お知らせ • Dec 17Cohort plc, Annual General Meeting, Sep 24, 2024Cohort plc, Annual General Meeting, Sep 24, 2024.
Reported Earnings • Dec 15First half 2024 earnings released: EPS: UK£0.075 (vs UK£0.027 in 1H 2023)First half 2024 results: EPS: UK£0.075 (up from UK£0.027 in 1H 2023). Revenue: UK£94.3m (up 22% from 1H 2023). Net income: UK£3.02m (up 172% from 1H 2023). Profit margin: 3.2% (up from 1.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Dec 13+ 1 more updateCohort plc Announces Board ChangesCohort plc announced the appointment of Peter John Lynas as a non-executive director, with effect from 2 January 2024. He will also become a member of the Audit, Remuneration and Nomination Committees. Jeff Perrin, currently Chairman of the Audit Committee, has advised the Board of his intention to retire from the Board following the 2024 AGM, after 9 years in post, and it is planned that Peter Lynas will then replace him as Chairman of the Audit Committee. Peter Lynas is a qualified FCCA who spent the early part of his career in a variety of financial roles, primarily with GEC Marconi. From 2000 he was at BAE Systems, first as Group Controller and then as Group Finance Director from 2011 until his retirement in 2020. In addition to his wide and deep knowledge of all aspects of finance in the international defence and aerospace sector, encompassing financial control and reporting, treasury, tax, risk management, M&A and investor relations, Peter has considerable experience of programme management and strategy development and execution. Peter is also a non-executive director of FirstGroup plc and he served as a non-executive Director of SSE plc from 2014 until 2023.
Buying Opportunity • Dec 08Now 20% undervaluedOver the last 90 days, the stock is up 2.7%. The fair value is estimated to be €7.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period.
お知らせ • Nov 30Cohort plc to Report First Half, 2024 Results on Dec 13, 2023Cohort plc announced that they will report first half, 2024 results on Dec 13, 2023
Reported Earnings • Aug 25Full year 2023 earnings released: EPS: UK£0.28 (vs UK£0.23 in FY 2022)Full year 2023 results: EPS: UK£0.28 (up from UK£0.23 in FY 2022). Revenue: UK£182.7m (up 33% from FY 2022). Net income: UK£11.4m (up 23% from FY 2022). Profit margin: 6.2% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Aug 24Cohort plc, Annual General Meeting, Sep 26, 2023Cohort plc, Annual General Meeting, Sep 26, 2023, at 13:30 Coordinated Universal Time. Location: Boyes Turner LLP, Abbots House, Abbey Street Reading United Kingdom
Upcoming Dividend • Aug 17Upcoming dividend of UK£0.091 per share at 2.6% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%).
お知らせ • Jul 21Cohort plc Recommends Final Dividend for the Fiscal Year 2023, Payable on 3 October 2023Cohort plc recommended final dividend of 9.15 pence per ordinary share (2022: 8.35 pence), making a total dividend of 13.40 pence per ordinary share (2022: 12.20 pence) for the year, representing a 10% increase. The dividend has been increased every year since the Group's IPO in 2006. It will be payable on 3 October 2023 to shareholders on the register at 25 August 2023, subject to approval at the Annual General Meeting on 26 September 2023.
Reported Earnings • Jul 20Full year 2023 earnings released: EPS: UK£0.28 (vs UK£0.23 in FY 2022)Full year 2023 results: EPS: UK£0.28 (up from UK£0.23 in FY 2022). Revenue: UK£182.7m (up 33% from FY 2022). Net income: UK£11.4m (up 23% from FY 2022). Profit margin: 6.2% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
New Risk • Jun 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.3% average weekly change). Significant insider selling over the past 3 months (€91k sold).
Upcoming Dividend • Dec 29Upcoming dividend of UK£0.043 per shareEligible shareholders must have bought the stock before 05 January 2023. Payment date: 14 February 2023. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.3%).
Reported Earnings • Dec 15First half 2023 earnings released: EPS: UK£0.027 (vs UK£0.017 loss in 1H 2022)First half 2023 results: EPS: UK£0.027 (up from UK£0.017 loss in 1H 2022). Revenue: UK£77.5m (up 29% from 1H 2022). Net income: UK£1.11m (up UK£1.82m from 1H 2022). Profit margin: 1.4% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense 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 fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Dec 14Cohort plc Declares Interim Dividend, Payable on 14 February 2023The Board of Cohort plc has declared an interim dividend of 4.25 pence per share (2021: 3.85 pence per share), 10% higher than last year. The interim dividend is payable on 14 February 2023 to shareholders on the register as of 6 January 2023.
お知らせ • Dec 06Cohort plc to Report First Half, 2023 Results on Dec 14, 2022Cohort plc announced that they will report first half, 2023 results on Dec 14, 2022
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €4.34, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Aerospace & Defense industry in Germany. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.01 per share.
Upcoming Dividend • Aug 18Upcoming dividend of UK£0.084 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.4%).
Reported Earnings • Jul 29Full year 2022 earnings released: EPS: UK£0.23 (vs UK£0.13 in FY 2021)Full year 2022 results: EPS: UK£0.23 (up from UK£0.13 in FY 2021). Revenue: UK£137.8m (down 3.9% from FY 2021). Net income: UK£9.20m (up 68% from FY 2021). Profit margin: 6.7% (up from 3.8% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 19%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jul 28+ 3 more updatesCohort plc, Annual General Meeting, Sep 27, 2022Cohort plc, Annual General Meeting, Sep 27, 2022. Agenda: To consider approval of dividend.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Ed Lowe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Mar 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be UK£6.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Buying Opportunity • Mar 04Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 5.3%. The fair value is estimated to be UK£8.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 34% share price gain to €6.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.50 per share.
Upcoming Dividend • Dec 30Upcoming dividend of UK£0.038 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 14 February 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.7%).
Reported Earnings • Dec 16First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: UK£0.017 loss per share (down from UK£0.003 profit in 1H 2021). Revenue: UK£60.0m (up 10% from 1H 2021). Net loss: UK£710.0k (down UK£814.0k from profit in 1H 2021). Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 6.9%, compared to a 24% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 28Full year 2021 earnings released: EPS UK£0.13 (vs UK£0.23 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£143.3m (up 9.3% from FY 2020). Net income: UK£5.46m (down 43% from FY 2020). Profit margin: 3.8% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 12Upcoming dividend of UK£0.076 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 27 September 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to UK£6.75, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.72 per share.
Reported Earnings • Jul 28Full year 2021 earnings released: EPS UK£0.13 (vs UK£0.23 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£143.3m (up 9.3% from FY 2020). Net income: UK£5.46m (down 43% from FY 2020). Profit margin: 3.8% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 16New 90-day high: €7.15The company is up 8.0% from a price of €6.62 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Exceeded the Aerospace & Defense industry, which is down 3.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €10.53 per share.
Recent Insider Transactions • Jan 14Chairman of the Board recently sold €2.0m worth of stockOn the 12th of January, Nicholas Prest sold around 285k shares on-market at roughly €6.89 per share. This was the largest sale by an insider in the last 3 months. This was Nicholas' only on-market trade for the last 12 months.
Is New 90 Day High Low • Dec 29New 90-day high: €7.12The company is up 9.0% from its price of €6.54 on 30 September 2020. The German market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Aerospace & Defense industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.74 per share.
Reported Earnings • Dec 12First half 2021 earnings released: EPS UK£0.003The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: UK£54.4m (down 9.5% from 1H 2020). Net income: UK£104.0k (down 74% from 1H 2020). Profit margin: 0.2% (down from 0.7% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 11Cohort plc, Annual General Meeting, Sep 20, 2021Cohort plc, Annual General Meeting, Sep 20, 2021.
Is New 90 Day High Low • Dec 04New 90-day high: €6.94The company is up 3.0% from its price of €6.72 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.06 per share.
お知らせ • Dec 04Cohort plc (AIM:CHRT) completed the acquisition of Wartsila Elac Nautik GmbH from Wärtsilä Oyj Abp (HLSE:WRT1V).Cohort plc (AIM:CHRT) agreed to acquire L-3 Communications ELAC Nautik GmbH from Wärtsilä Oyj Abp (HLSE:WRT1V) for €11.25 million on December 12, 2019. There is no earn-out. The actual consideration will be adjusted to take into account the pension deficit and, based on completion accounts, the cash and working capital in the business at closing. On completion, Cohort will pay an agreed initial consideration of €10.5 million which is being funded through a combination of own cash and the Group’s £30 million revolving credit facility, with the Group expecting additionally to draw down on its £10 million accordion facility. Wärtsilä ELAC Nautik GmbH will be renamed ELAC SONAR GmbH. It generates annual revenues of approximately €21 million. In its financial year ended December 31, 2018, ELAC generated revenues of €20.7 million and EBIT of €1.4 million and total assets of €21.7 million. Subject to German government approval, completion of the transaction is expected on or before June 30, 2020. As on July 23, 2020, transaction is subject to approval from German Federal Government and is expected to complete by September 30, 2020. The acquisition is expected to be immediately earnings enhancing following completion. Daniel Adams and Chris Baird of Investec Bank Plc acted as nominated and financial advisor to Cohort. GÖRG Rechtsanwälte acted as legal advisor to Cohort plc (AIM:CHRT). Dr Hendrik Drinkuth, Dr Hermann Müller, Dr Heino Büsching, Dr Isabelle Holly and Dr Andreas Hofelich of CMS Hasche Sigle PG v. RA u. STB mbH acted as legal advisors to Wärtsilä Oyj Abp. Cohort plc (AIM:CHRT) completed the acquisition of Wartsila Elac Nautik GmbH from Wärtsilä Oyj Abp (HLSE:WRT1V) on December 3, 2020. The acquisition was approved by German government in November 2020.
お知らせ • Nov 19Cohort plc to Report First Half, 2021 Results on Dec 10, 2020Cohort plc announced that they will report first half, 2021 results on Dec 10, 2020
Is New 90 Day High Low • Nov 07New 90-day low: €6.04The company is down 17% from its price of €7.24 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.01 per share.
Is New 90 Day High Low • Oct 21New 90-day low: €6.20The company is down 2.0% from its price of €6.34 on 23 July 2020. The German market is also down 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.61 per share.
