View Financial HealthAriston Holding 配当と自社株買い配当金 基準チェック /36Ariston Holding配当を支払う会社であり、現在の利回りは3.13%で、収益によって十分にカバーされています。主要情報3.1%配当利回り0.09%バイバック利回り総株主利回り3.2%将来の配当利回り4.5%配当成長-10.4%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向28%最近の配当と自社株買いの更新お知らせ • Mar 05Ariston Holding N.V. announces Annual dividend, payable on May 20, 2026Ariston Holding N.V. announced Annual dividend of EUR 0.1000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.お知らせ • Nov 06Ariston Holding N.V. (BIT:ARIS) announces an Equity Buyback for 2,000,000 shares, for €16 million.Ariston Holding N.V. (BIT:ARIS) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, for €16 million. The program will be carried out in one or more tranches. The shares will be repurchased at a a minimum price, excluding expenses, of the nominal value of Ariston’s shares, and maximum price of €8.00 per share. The purpose of the plan is to meet the obligations arising from the long-term incentives plans. The plan will be valid till May 6, 2027. As of November 6, 2025, the company had 4,415,626 shares in treasury.お知らせ • Mar 06Ariston Holding N.V. announces Annual dividend, payable on June 25, 2025Ariston Holding N.V. announced Annual dividend of EUR 0.0800 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025.Upcoming Dividend • May 13Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).Upcoming Dividend • May 15Upcoming dividend of €0.13 per share at 1.3% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 89%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%).すべての更新を表示Recent updatesお知らせ • Mar 05Ariston Holding N.V. announces Annual dividend, payable on May 20, 2026Ariston Holding N.V. announced Annual dividend of EUR 0.1000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.お知らせ • Dec 24Ariston Holding N.V., Annual General Meeting, May 05, 2026Ariston Holding N.V., Annual General Meeting, May 05, 2026.お知らせ • Dec 23+ 3 more updatesAriston Holding N.V. to Report Q1, 2026 Results on May 06, 2026Ariston Holding N.V. announced that they will report Q1, 2026 results on May 06, 2026お知らせ • Nov 06Ariston Holding N.V. (BIT:ARIS) announces an Equity Buyback for 2,000,000 shares, for €16 million.Ariston Holding N.V. (BIT:ARIS) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, for €16 million. The program will be carried out in one or more tranches. The shares will be repurchased at a a minimum price, excluding expenses, of the nominal value of Ariston’s shares, and maximum price of €8.00 per share. The purpose of the plan is to meet the obligations arising from the long-term incentives plans. The plan will be valid till May 6, 2027. As of November 6, 2025, the company had 4,415,626 shares in treasury.お知らせ • Apr 18Ariston Holding N.V., Annual General Meeting, Jun 03, 2025Ariston Holding N.V., Annual General Meeting, Jun 03, 2025, at 12:00 W. Europe Standard Time.お知らせ • Mar 14Ariston Holding N.V. (BIT:ARIS) acquired Ddr Heating, Inc. from family.Ariston Holding N.V. (BIT:ARIS) acquired Ddr Heating, Inc. from family on March 12, 2025. On completion, The two founders of DDR will remain actively involved in the company’s integration and future growth, ensuring a smooth transition and continuity in leadership. With this acquisition, Ariston Group aims to accelerate DDR’s growth across North America, enhancing its go-to-market capabilities and integrating its technologies with Thermowatt’s expertise. For the period ending December 31, 2024, Ddr Heating, Inc. reported total revenue of $6 million. Ariston Holding N.V. (BIT:ARIS) completed the acquisition of Ddr Heating, Inc. from family on March 12, 2025.お知らせ • Mar 06Ariston Holding N.V. announces Annual dividend, payable on June 25, 2025Ariston Holding N.V. announced Annual dividend of EUR 0.0800 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025.お知らせ • Feb 18Ariston Holding N.V. to Report Fiscal Year 2024 Results on Mar 05, 2025Ariston Holding N.V. announced that they will report fiscal year 2024 results on Mar 05, 2025お知らせ • Dec 19+ 3 more updatesAriston Holding N.V. to Report First Half, 2025 Results on Jul 31, 2025Ariston Holding N.V. announced that they will report first half, 2025 results on Jul 31, 2025Buy Or Sell Opportunity • Nov 15Now 23% overvaluedOver the last 90 days, the stock has fallen 1.7% to €3.71. The fair value is estimated to be €3.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to decline by 3.5% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.Recent Insider Transactions • Oct 04Executive Chairman recently bought €360k worth of stockOn the 1st of October, Paolo Merloni bought around 82k shares on-market at roughly €4.37 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paolo has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.48, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Building industry in Europe. Total loss to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €3.90 per share.Reported Earnings • Aug 05First half 2024 earnings released: €0.086 loss per share (vs €0.27 profit in 1H 2023)First half 2024 results: €0.086 loss per share (down from €0.27 profit in 1H 2023). Revenue: €1.30b (down 16% from 1H 2023). Net loss: €31.9m (down 131% from profit in 1H 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe.Recent Insider Transactions • Jun 28Executive Chairman recently bought €293k worth of stockOn the 25th of June, Paolo Merloni bought around 71k shares on-market at roughly €4.12 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €664k. This was Paolo's only on-market trade for the last 12 months.Buy Or Sell Opportunity • May 27Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to €4.93. The fair value is estimated to be €4.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 93%. For the next 3 years, revenue is forecast to decline by 0.6% per annum. Earnings are also forecast to decline by 0.3% per annum over the same time period.Recent Insider Transactions • May 15Non Executive Director recently bought €664k worth of stockOn the 6th of May, Laurent Alexis Michel Jacquemin bought around 132k shares on-market at roughly €5.04 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €769k more in shares than they have sold in the last 12 months.Upcoming Dividend • May 13Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).New Risk • May 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Apr 07+ 2 more updatesAriston Holding N.V. to Report Q1, 2024 Results on May 07, 2024Ariston Holding N.V. announced that they will report Q1, 2024 results on May 07, 2024Buy Or Sell Opportunity • Mar 22Now 27% overvaluedOver the last 90 days, the stock has fallen 4.6% to €5.95. The fair value is estimated to be €4.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 93%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period.Board Change • Mar 12High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Non-Executive Director Maria Merloni is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 06Ariston Holding N.V., Annual General Meeting, May 06, 2024Ariston Holding N.V., Annual General Meeting, May 06, 2024. Agenda: To approve the annual report including, inter alia, the financial statements for the year ended 31 December 2023, the non-financial disclosure, the corporate governance report and the remuneration report.Reported Earnings • Mar 06Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.15b (up 30% from FY 2022). Net income: €191.2m (up 36% from FY 2022). Profit margin: 6.1% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.お知らせ • Mar 01Ariston Holding N.V. to Report Fiscal Year 2023 Results on Mar 05, 2024Ariston Holding N.V. announced that they will report fiscal year 2023 results on Mar 05, 2024New Risk • Nov 03New 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 6.3% 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 High level of debt (47% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).お知らせ • Oct 31Ariston Holding N.V. to Report Q3, 2023 Results on Nov 07, 2023Ariston Holding N.V. announced that they will report Q3, 2023 results on Nov 07, 2023Buying Opportunity • Oct 20Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 37%. The fair value is estimated to be €6.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.Recent Insider Transactions • Oct 09CEO & Executive Director recently bought €305k worth of stockOn the 5th of October, Maurizio Brusadelli bought around 50k shares on-market at roughly €6.10 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Maurizio's only on-market trade for the last 12 months.Board Change • Sep 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Executive Director Maurizio Brusadelli was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Aug 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €8.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.27 (vs €0.20 in 1H 2022)First half 2023 results: EPS: €0.27 (up from €0.20 in 1H 2022). Revenue: €1.55b (up 34% from 1H 2022). Net income: €101.6m (up 53% from 1H 2022). Profit margin: 6.5% (up from 5.7% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany.New Risk • Aug 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).お知らせ • Aug 01Ariston Holding N.V. to Report First Half, 2023 Results on Aug 03, 2023Ariston Holding N.V. announced that they will report first half, 2023 results on Aug 03, 2023New Risk • Jul 20New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Shareholders have been diluted in the past year (13% increase in shares outstanding).Upcoming Dividend • May 15Upcoming dividend of €0.13 per share at 1.3% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 89%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%).Recent Insider Transactions • May 11Executive Chairman recently bought €1.6m worth of stockOn the 5th of May, Paolo Merloni bought around 157k shares on-market at roughly €10.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Paolo's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €10.65, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.55 per share.Reported Earnings • Mar 03Full year 2022 earnings released: EPS: €0.43 (vs €0.47 in FY 2021)Full year 2022 results: EPS: €0.43. Revenue: €2.42b (up 20% from FY 2021). Net income: €140.3m (up 2.8% from FY 2021). Profit margin: 5.8% (down from 6.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.お知らせ • Jan 03Ariston Holding N.V. (BIT:ARIS) completed the acquisition of Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV).Ariston Holding N.V. (BIT:ARIS) agreed to acquire Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV) for approximately €1 billion on September 15, 2022. Under the terms of transaction, consider will be paid approximately €703 million in cash and approximately 41.4 million Ariston’s shares. In 2021, Centrotec Climate Systems reported net revenue of approximately €599 million and adjusted EBITDA of €84.8 million. The transaction is subject to the approval by the Company’s shareholders and certain authorizations by the competent authorities. The main shareholder of the Company, Merloni Holding S.p.A., has already committed itself to vote in favour of the Transaction, which is envisaged to be consummated by December 31, 2022 and is expected to close by December 31, 2022. CC&Soci and Goldman Sachs Bank Europe SE acted as financial advisors to Ariston. Pedersoli acted as lead counsel, Sandra Thiel, Christoph Holstein, Dimitri Slobodenjuk, Moritz Petersen, Stefan Simon, Christopher Fischer, Claudia Milbradt, Christian Keilich, Esther Giesbrecht of Clifford Chance and Houthoff respectively as legal advisors for German and Dutch law; KPMG for due diligence and Equita SIM as provider of the fairness opinion to Ariston’s Board of Directors. Dr. Kai Hasselbach, Dr. Max Alles, Sandra Jung, Victoria, Dr. Thomas Wessely, Amaryllis, Associate Klaus Kowalski, Dr. David Beutel and Dr. Martin Rehberg of Freshfields Bruckhaus Deringer Rechtsanwälte Steuerberater PartG mbB acted as legal advisor to Centrotec SE (HMSE:CEV). Ariston Holding N.V. (BIT:ARIS) completed the acquisition of Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV) on January 2, 2023.Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Lorenzo Pozza was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 30First half 2022 earnings releasedFirst half 2022 results: EPS: €0.20. Net income: €66.4m (up €66.4m from 1H 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany.お知らせ • Sep 16Ariston Holding N.V. (BIT:ARIS) agreed to acquire Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV).Ariston Holding N.V. (BIT:ARIS) agreed to acquire Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV) on September 15, 2022. Under the terms of transaction, consider will be paid approximately €703 million in cash and approximately 41.4 million Ariston’s shares. In 2021, Centrotec Climate Syste ms reported net revenue of approximately €599 million and adjusted EBITDA of €84.8 million. The transaction is subject to the approval by the Company’s shareholders and certain authorizations by the competent authorities. The main shareholder of the Company, Merloni Holding S.p.A., has already committed itself to vote in favour of the Transaction, which is envisaged to be consummated by December 31st, 2022 and is expected to close by December 31, 2022. Ariston was advised by CC&Soci and Goldman Sachs Bank Europe SE as financial advisors; Pedersoli acted as lead counsel, Clifford Chance and Houthoff respectively as legal advisors for German and Dutch law; KPMG for due diligence and Equita SIM as provider of the fairness opinion to Ariston’s Board of Directors.Recent Insider Transactions • May 07Executive Chairman recently bought €1.8m worth of stockOn the 4th of May, Paolo Merloni bought around 176k shares on-market at roughly €10.25 per share. This was the largest purchase by an insider in the last 3 months. Paolo has been a buyer over the last 12 months, purchasing a net total of €135m worth in shares.Recent Insider Transactions • Mar 21Executive Chair recently sold €2.0m worth of stockOn the 17th of March, Paolo Merloni sold around 220k shares on-market at roughly €8.99 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Paolo has been a buyer over the last 12 months, purchasing a net total of €133m worth of shares.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to €9.69, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €10.07 per share.Board Change • Nov 30Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 11 non-independent directors. Non-Executive Director Lorenzo Pozza was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.決済の安定と成長配当データの取得安定した配当: E0Eは 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: E0Eは4年間のみ配当金を支払っており、それ以降は支払額が減少しています。配当利回り対市場Ariston Holding 配当利回り対市場E0E 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (E0E)3.1%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Building)3.7%アナリスト予想 (E0E) (最長3年)4.5%注目すべき配当: E0Eの配当金 ( 3.13% ) はGerman市場の配当金支払者の下位 25% ( 1.51% ) よりも高くなっています。高配当: E0Eの配当金 ( 3.13% ) はGerman市場の配当金支払者の上位 25% ( 4.55% ) と比較すると低いです。株主への利益配当収益カバレッジ: E0Eの 配当性向 ( 27.8% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: E0Eは低い 現金配当性向 ( 21.9% ) であるため、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 14:37終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ariston Holding N.V. 8 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。16 アナリスト機関Paola SagliettiBanca Akros S.p.A. (ESN)Paola SagliettiBanca Akros S.p.A. (ESN)Rajesh PatkiBarclays13 その他のアナリストを表示
お知らせ • Mar 05Ariston Holding N.V. announces Annual dividend, payable on May 20, 2026Ariston Holding N.V. announced Annual dividend of EUR 0.1000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.
お知らせ • Nov 06Ariston Holding N.V. (BIT:ARIS) announces an Equity Buyback for 2,000,000 shares, for €16 million.Ariston Holding N.V. (BIT:ARIS) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, for €16 million. The program will be carried out in one or more tranches. The shares will be repurchased at a a minimum price, excluding expenses, of the nominal value of Ariston’s shares, and maximum price of €8.00 per share. The purpose of the plan is to meet the obligations arising from the long-term incentives plans. The plan will be valid till May 6, 2027. As of November 6, 2025, the company had 4,415,626 shares in treasury.
お知らせ • Mar 06Ariston Holding N.V. announces Annual dividend, payable on June 25, 2025Ariston Holding N.V. announced Annual dividend of EUR 0.0800 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025.
Upcoming Dividend • May 13Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).
Upcoming Dividend • May 15Upcoming dividend of €0.13 per share at 1.3% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 89%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%).
お知らせ • Mar 05Ariston Holding N.V. announces Annual dividend, payable on May 20, 2026Ariston Holding N.V. announced Annual dividend of EUR 0.1000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.
お知らせ • Dec 24Ariston Holding N.V., Annual General Meeting, May 05, 2026Ariston Holding N.V., Annual General Meeting, May 05, 2026.
お知らせ • Dec 23+ 3 more updatesAriston Holding N.V. to Report Q1, 2026 Results on May 06, 2026Ariston Holding N.V. announced that they will report Q1, 2026 results on May 06, 2026
お知らせ • Nov 06Ariston Holding N.V. (BIT:ARIS) announces an Equity Buyback for 2,000,000 shares, for €16 million.Ariston Holding N.V. (BIT:ARIS) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, for €16 million. The program will be carried out in one or more tranches. The shares will be repurchased at a a minimum price, excluding expenses, of the nominal value of Ariston’s shares, and maximum price of €8.00 per share. The purpose of the plan is to meet the obligations arising from the long-term incentives plans. The plan will be valid till May 6, 2027. As of November 6, 2025, the company had 4,415,626 shares in treasury.
お知らせ • Apr 18Ariston Holding N.V., Annual General Meeting, Jun 03, 2025Ariston Holding N.V., Annual General Meeting, Jun 03, 2025, at 12:00 W. Europe Standard Time.
お知らせ • Mar 14Ariston Holding N.V. (BIT:ARIS) acquired Ddr Heating, Inc. from family.Ariston Holding N.V. (BIT:ARIS) acquired Ddr Heating, Inc. from family on March 12, 2025. On completion, The two founders of DDR will remain actively involved in the company’s integration and future growth, ensuring a smooth transition and continuity in leadership. With this acquisition, Ariston Group aims to accelerate DDR’s growth across North America, enhancing its go-to-market capabilities and integrating its technologies with Thermowatt’s expertise. For the period ending December 31, 2024, Ddr Heating, Inc. reported total revenue of $6 million. Ariston Holding N.V. (BIT:ARIS) completed the acquisition of Ddr Heating, Inc. from family on March 12, 2025.
お知らせ • Mar 06Ariston Holding N.V. announces Annual dividend, payable on June 25, 2025Ariston Holding N.V. announced Annual dividend of EUR 0.0800 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025.
お知らせ • Feb 18Ariston Holding N.V. to Report Fiscal Year 2024 Results on Mar 05, 2025Ariston Holding N.V. announced that they will report fiscal year 2024 results on Mar 05, 2025
お知らせ • Dec 19+ 3 more updatesAriston Holding N.V. to Report First Half, 2025 Results on Jul 31, 2025Ariston Holding N.V. announced that they will report first half, 2025 results on Jul 31, 2025
Buy Or Sell Opportunity • Nov 15Now 23% overvaluedOver the last 90 days, the stock has fallen 1.7% to €3.71. The fair value is estimated to be €3.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to decline by 3.5% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.
Recent Insider Transactions • Oct 04Executive Chairman recently bought €360k worth of stockOn the 1st of October, Paolo Merloni bought around 82k shares on-market at roughly €4.37 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Paolo has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.48, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Building industry in Europe. Total loss to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €3.90 per share.
Reported Earnings • Aug 05First half 2024 earnings released: €0.086 loss per share (vs €0.27 profit in 1H 2023)First half 2024 results: €0.086 loss per share (down from €0.27 profit in 1H 2023). Revenue: €1.30b (down 16% from 1H 2023). Net loss: €31.9m (down 131% from profit in 1H 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Building industry in Europe.
Recent Insider Transactions • Jun 28Executive Chairman recently bought €293k worth of stockOn the 25th of June, Paolo Merloni bought around 71k shares on-market at roughly €4.12 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €664k. This was Paolo's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • May 27Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to €4.93. The fair value is estimated to be €4.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 93%. For the next 3 years, revenue is forecast to decline by 0.6% per annum. Earnings are also forecast to decline by 0.3% per annum over the same time period.
Recent Insider Transactions • May 15Non Executive Director recently bought €664k worth of stockOn the 6th of May, Laurent Alexis Michel Jacquemin bought around 132k shares on-market at roughly €5.04 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €769k more in shares than they have sold in the last 12 months.
Upcoming Dividend • May 13Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).
New Risk • May 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Apr 07+ 2 more updatesAriston Holding N.V. to Report Q1, 2024 Results on May 07, 2024Ariston Holding N.V. announced that they will report Q1, 2024 results on May 07, 2024
Buy Or Sell Opportunity • Mar 22Now 27% overvaluedOver the last 90 days, the stock has fallen 4.6% to €5.95. The fair value is estimated to be €4.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 93%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period.
Board Change • Mar 12High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Non-Executive Director Maria Merloni is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 06Ariston Holding N.V., Annual General Meeting, May 06, 2024Ariston Holding N.V., Annual General Meeting, May 06, 2024. Agenda: To approve the annual report including, inter alia, the financial statements for the year ended 31 December 2023, the non-financial disclosure, the corporate governance report and the remuneration report.
Reported Earnings • Mar 06Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.15b (up 30% from FY 2022). Net income: €191.2m (up 36% from FY 2022). Profit margin: 6.1% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.
お知らせ • Mar 01Ariston Holding N.V. to Report Fiscal Year 2023 Results on Mar 05, 2024Ariston Holding N.V. announced that they will report fiscal year 2023 results on Mar 05, 2024
New Risk • Nov 03New 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 6.3% 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 High level of debt (47% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).
お知らせ • Oct 31Ariston Holding N.V. to Report Q3, 2023 Results on Nov 07, 2023Ariston Holding N.V. announced that they will report Q3, 2023 results on Nov 07, 2023
Buying Opportunity • Oct 20Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 37%. The fair value is estimated to be €6.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings is also forecast to grow by 10% per annum over the same time period.
Recent Insider Transactions • Oct 09CEO & Executive Director recently bought €305k worth of stockOn the 5th of October, Maurizio Brusadelli bought around 50k shares on-market at roughly €6.10 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Maurizio's only on-market trade for the last 12 months.
Board Change • Sep 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Executive Director Maurizio Brusadelli was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Aug 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €8.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.27 (vs €0.20 in 1H 2022)First half 2023 results: EPS: €0.27 (up from €0.20 in 1H 2022). Revenue: €1.55b (up 34% from 1H 2022). Net income: €101.6m (up 53% from 1H 2022). Profit margin: 6.5% (up from 5.7% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany.
New Risk • Aug 06New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
お知らせ • Aug 01Ariston Holding N.V. to Report First Half, 2023 Results on Aug 03, 2023Ariston Holding N.V. announced that they will report first half, 2023 results on Aug 03, 2023
New Risk • Jul 20New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Shareholders have been diluted in the past year (13% increase in shares outstanding).
Upcoming Dividend • May 15Upcoming dividend of €0.13 per share at 1.3% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 89%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%).
Recent Insider Transactions • May 11Executive Chairman recently bought €1.6m worth of stockOn the 5th of May, Paolo Merloni bought around 157k shares on-market at roughly €10.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Paolo's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €10.65, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.55 per share.
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: €0.43 (vs €0.47 in FY 2021)Full year 2022 results: EPS: €0.43. Revenue: €2.42b (up 20% from FY 2021). Net income: €140.3m (up 2.8% from FY 2021). Profit margin: 5.8% (down from 6.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.
お知らせ • Jan 03Ariston Holding N.V. (BIT:ARIS) completed the acquisition of Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV).Ariston Holding N.V. (BIT:ARIS) agreed to acquire Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV) for approximately €1 billion on September 15, 2022. Under the terms of transaction, consider will be paid approximately €703 million in cash and approximately 41.4 million Ariston’s shares. In 2021, Centrotec Climate Systems reported net revenue of approximately €599 million and adjusted EBITDA of €84.8 million. The transaction is subject to the approval by the Company’s shareholders and certain authorizations by the competent authorities. The main shareholder of the Company, Merloni Holding S.p.A., has already committed itself to vote in favour of the Transaction, which is envisaged to be consummated by December 31, 2022 and is expected to close by December 31, 2022. CC&Soci and Goldman Sachs Bank Europe SE acted as financial advisors to Ariston. Pedersoli acted as lead counsel, Sandra Thiel, Christoph Holstein, Dimitri Slobodenjuk, Moritz Petersen, Stefan Simon, Christopher Fischer, Claudia Milbradt, Christian Keilich, Esther Giesbrecht of Clifford Chance and Houthoff respectively as legal advisors for German and Dutch law; KPMG for due diligence and Equita SIM as provider of the fairness opinion to Ariston’s Board of Directors. Dr. Kai Hasselbach, Dr. Max Alles, Sandra Jung, Victoria, Dr. Thomas Wessely, Amaryllis, Associate Klaus Kowalski, Dr. David Beutel and Dr. Martin Rehberg of Freshfields Bruckhaus Deringer Rechtsanwälte Steuerberater PartG mbB acted as legal advisor to Centrotec SE (HMSE:CEV). Ariston Holding N.V. (BIT:ARIS) completed the acquisition of Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV) on January 2, 2023.
Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Lorenzo Pozza was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 30First half 2022 earnings releasedFirst half 2022 results: EPS: €0.20. Net income: €66.4m (up €66.4m from 1H 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany.
お知らせ • Sep 16Ariston Holding N.V. (BIT:ARIS) agreed to acquire Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV).Ariston Holding N.V. (BIT:ARIS) agreed to acquire Centrotec Climate Systems Gmbh from Centrotec SE (HMSE:CEV) on September 15, 2022. Under the terms of transaction, consider will be paid approximately €703 million in cash and approximately 41.4 million Ariston’s shares. In 2021, Centrotec Climate Syste ms reported net revenue of approximately €599 million and adjusted EBITDA of €84.8 million. The transaction is subject to the approval by the Company’s shareholders and certain authorizations by the competent authorities. The main shareholder of the Company, Merloni Holding S.p.A., has already committed itself to vote in favour of the Transaction, which is envisaged to be consummated by December 31st, 2022 and is expected to close by December 31, 2022. Ariston was advised by CC&Soci and Goldman Sachs Bank Europe SE as financial advisors; Pedersoli acted as lead counsel, Clifford Chance and Houthoff respectively as legal advisors for German and Dutch law; KPMG for due diligence and Equita SIM as provider of the fairness opinion to Ariston’s Board of Directors.
Recent Insider Transactions • May 07Executive Chairman recently bought €1.8m worth of stockOn the 4th of May, Paolo Merloni bought around 176k shares on-market at roughly €10.25 per share. This was the largest purchase by an insider in the last 3 months. Paolo has been a buyer over the last 12 months, purchasing a net total of €135m worth in shares.
Recent Insider Transactions • Mar 21Executive Chair recently sold €2.0m worth of stockOn the 17th of March, Paolo Merloni sold around 220k shares on-market at roughly €8.99 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Paolo has been a buyer over the last 12 months, purchasing a net total of €133m worth of shares.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to €9.69, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €10.07 per share.
Board Change • Nov 30Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 11 non-independent directors. Non-Executive Director Lorenzo Pozza was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.