View ValuationTKH Group 将来の成長Future 基準チェック /16TKH Group利益と収益がそれぞれ年間15.4%と5.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に13.5% 15.8%なると予測されています。主要情報15.4%収益成長率15.79%EPS成長率Electrical 収益成長27.0%収益成長率5.2%将来の株主資本利益率13.51%アナリストカバレッジGood最終更新日01 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Mar 06+ 2 more updatesTKH Group N.V. announces Annual dividend, payable on June 02, 2026TKH Group N.V. announced Annual dividend of EUR 1.3500 per share payable on June 02, 2026, ex-date on May 15, 2026 and record date on May 18, 2026.お知らせ • Mar 07TKH Group N.V. announces Annual dividend, payable on May 23, 2025TKH Group N.V. announced Annual dividend of EUR 1.5000 per share payable on May 23, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.お知らせ • Mar 05TKH Group N.V., Annual General Meeting, May 15, 2025TKH Group N.V., Annual General Meeting, May 15, 2025.お知らせ • Nov 13+ 3 more updatesTKH Group N.V. to Report First Half, 2025 Results on Aug 12, 2025TKH Group N.V. announced that they will report first half, 2025 results on Aug 12, 2025お知らせ • Aug 17Eiffage Énergie Systèmes completed the acquisition of Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA).Eiffage Énergie Systèmes agreed to acquire Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA) on July 15, 2024. This transaction is subject to approval by the Dutch competition authorities. The turnover of EKB, part of TKH’s Smart Manufacturing segment, totaled €35.5 million in 2023 with an EBITA of €2.6 million. The divestment of EKB will result in a one-off net profit contribution of about €11 million for TKH. The transaction is expected to close in the third quarter of 2024. Eiffage Énergie Systèmes completed the acquisition of Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA) on August 16, 2024.お知らせ • Jul 17Eiffage Énergie Systèmes agreed to acquire Ekb Groep B.Vfrom TKH Group N.V. (ENXTAM:TWEKA).Eiffage Énergie Systèmes agreed to acquire Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA) on July 15, 2024. This transaction is subject to approval by the Dutch competition authorities. The turnover of EKB, part of TKH’s Smart Manufacturing segment, totaled €35.5 million in 2023 with an EBITA of €2.6 million. The divestment of EKB will result in a one-off net profit contribution of about €11 million for TKH. The transaction is expected to close in the third quarter of 2024.Buy Or Sell Opportunity • May 09Now 23% undervaluedOver the last 90 days, the stock has risen 9.5% to €39.88. The fair value is estimated to be €51.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.Upcoming Dividend • May 02Upcoming dividend of €1.70 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 14 May 2024. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).New Risk • Mar 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks High level of debt (56% net debt to equity). Paying a dividend despite having no free cash flows.Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €4.07 (vs €3.34 in FY 2022)Full year 2023 results: EPS: €4.07 (up from €3.34 in FY 2022). Revenue: €1.85b (up 1.7% from FY 2022). Net income: €165.7m (up 21% from FY 2022). Profit margin: 9.0% (up from 7.5% in FY 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jan 24TKH Group N.V. (ENXTAM:TWEKA) acquired JCAI Inc.TKH Group N.V. (ENXTAM:TWEKA) acquired JCAI Inc on January 24, 2024. As per the transaction, The annual turnover of JCAII amounted to CAD 13.7 million, with 25% of turnover derived from recurring software sales. TKH finances the transaction from existing resources. TKH Group N.V. (ENXTAM:TWEKA) completed the acquisition of JCAI Inc on January 24, 2024.お知らせ • Sep 25TKH Group N.V. to Report Fiscal Year 2023 Results on Mar 05, 2024TKH Group N.V. announced that they will report fiscal year 2023 results on Mar 05, 2024お知らせ • Sep 24+ 2 more updatesTKH Group N.V. to Report Q3, 2024 Results on Nov 12, 2024TKH Group N.V. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 18First half 2023 earnings released: EPS: €2.40 (vs €1.70 in 1H 2022)First half 2023 results: EPS: €2.40 (up from €1.70 in 1H 2022). Revenue: €947.6m (up 5.3% from 1H 2022). Net income: €98.4m (up 41% from 1H 2022). Profit margin: 10% (up from 7.8% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Aug 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 70% 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 (70% net debt to equity). Dividend is not well covered by cash flows (258% cash payout ratio).Buying Opportunity • Jul 14Now 20% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be €60.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Buying Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be €57.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.業績と収益の成長予測DB:TWSA - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,029149140262612/31/20271,939132117237712/31/20261,849109106226712/31/20251,7619462192N/A9/30/20251,7327955191N/A6/30/20251,7046347190N/A3/31/20251,7088141193N/A12/31/20241,71310034196N/A9/30/20241,740108-2191N/A6/30/20241,767117-38187N/A3/31/20241,807141-58170N/A12/31/20231,848166-78153N/A9/30/20231,856166-26182N/A6/30/20231,86416626211N/A3/31/20231,8411512164N/A12/31/20221,817137-22116N/A9/30/20221,757131-4172N/A6/30/20221,698125-6128N/A3/31/20221,61111032114N/A12/31/20211,52495125199N/A9/30/20211,43078145219N/A6/30/20211,33661164239N/A3/31/20211,31354141214N/A12/31/20201,28948118188N/A9/30/20201,35253109176N/A6/30/20201,41558100164N/A3/31/20201,45363105173N/A12/31/20191,49069110182N/A9/30/20191,48678N/A181N/A6/30/20191,48386N/A179N/A3/31/20191,47092N/A153N/A12/31/20181,45898N/A127N/A9/30/20181,47295N/A122N/A6/30/20181,48793N/A118N/A3/31/20181,48689N/A139N/A12/31/20171,48586N/A160N/A9/30/20171,45090N/A141N/A6/30/20171,41594N/A122N/A3/31/20171,37790N/A113N/A12/31/20161,33986N/A104N/A9/30/20161,33583N/A150N/A6/30/20161,33281N/A196N/A3/31/20161,35283N/A189N/A12/31/20151,37286N/A182N/A9/30/20151,37589N/A140N/A6/30/20151,37792N/A99N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: TWSAの予測収益成長率 (年間15.4% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: TWSAの収益 ( 15.4% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: TWSAの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: TWSAの収益 ( 5.2% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: TWSAの収益 ( 5.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: TWSAの 自己資本利益率 は、3年後には低くなると予測されています ( 13.5 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/06/17 01:54終値2026/06/17 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このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋TKH Group N.V. 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。10 アナリスト機関Anna PatriceBerenbergTrion ReidBerenbergMichael RoegDegroof Petercam7 その他のアナリストを表示
お知らせ • Mar 06+ 2 more updatesTKH Group N.V. announces Annual dividend, payable on June 02, 2026TKH Group N.V. announced Annual dividend of EUR 1.3500 per share payable on June 02, 2026, ex-date on May 15, 2026 and record date on May 18, 2026.
お知らせ • Mar 07TKH Group N.V. announces Annual dividend, payable on May 23, 2025TKH Group N.V. announced Annual dividend of EUR 1.5000 per share payable on May 23, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
お知らせ • Mar 05TKH Group N.V., Annual General Meeting, May 15, 2025TKH Group N.V., Annual General Meeting, May 15, 2025.
お知らせ • Nov 13+ 3 more updatesTKH Group N.V. to Report First Half, 2025 Results on Aug 12, 2025TKH Group N.V. announced that they will report first half, 2025 results on Aug 12, 2025
お知らせ • Aug 17Eiffage Énergie Systèmes completed the acquisition of Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA).Eiffage Énergie Systèmes agreed to acquire Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA) on July 15, 2024. This transaction is subject to approval by the Dutch competition authorities. The turnover of EKB, part of TKH’s Smart Manufacturing segment, totaled €35.5 million in 2023 with an EBITA of €2.6 million. The divestment of EKB will result in a one-off net profit contribution of about €11 million for TKH. The transaction is expected to close in the third quarter of 2024. Eiffage Énergie Systèmes completed the acquisition of Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA) on August 16, 2024.
お知らせ • Jul 17Eiffage Énergie Systèmes agreed to acquire Ekb Groep B.Vfrom TKH Group N.V. (ENXTAM:TWEKA).Eiffage Énergie Systèmes agreed to acquire Ekb Groep B.V. from TKH Group N.V. (ENXTAM:TWEKA) on July 15, 2024. This transaction is subject to approval by the Dutch competition authorities. The turnover of EKB, part of TKH’s Smart Manufacturing segment, totaled €35.5 million in 2023 with an EBITA of €2.6 million. The divestment of EKB will result in a one-off net profit contribution of about €11 million for TKH. The transaction is expected to close in the third quarter of 2024.
Buy Or Sell Opportunity • May 09Now 23% undervaluedOver the last 90 days, the stock has risen 9.5% to €39.88. The fair value is estimated to be €51.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.
Upcoming Dividend • May 02Upcoming dividend of €1.70 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 14 May 2024. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).
New Risk • Mar 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks High level of debt (56% net debt to equity). Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €4.07 (vs €3.34 in FY 2022)Full year 2023 results: EPS: €4.07 (up from €3.34 in FY 2022). Revenue: €1.85b (up 1.7% from FY 2022). Net income: €165.7m (up 21% from FY 2022). Profit margin: 9.0% (up from 7.5% in FY 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jan 24TKH Group N.V. (ENXTAM:TWEKA) acquired JCAI Inc.TKH Group N.V. (ENXTAM:TWEKA) acquired JCAI Inc on January 24, 2024. As per the transaction, The annual turnover of JCAII amounted to CAD 13.7 million, with 25% of turnover derived from recurring software sales. TKH finances the transaction from existing resources. TKH Group N.V. (ENXTAM:TWEKA) completed the acquisition of JCAI Inc on January 24, 2024.
お知らせ • Sep 25TKH Group N.V. to Report Fiscal Year 2023 Results on Mar 05, 2024TKH Group N.V. announced that they will report fiscal year 2023 results on Mar 05, 2024
お知らせ • Sep 24+ 2 more updatesTKH Group N.V. to Report Q3, 2024 Results on Nov 12, 2024TKH Group N.V. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 18First half 2023 earnings released: EPS: €2.40 (vs €1.70 in 1H 2022)First half 2023 results: EPS: €2.40 (up from €1.70 in 1H 2022). Revenue: €947.6m (up 5.3% from 1H 2022). Net income: €98.4m (up 41% from 1H 2022). Profit margin: 10% (up from 7.8% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 70% 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 (70% net debt to equity). Dividend is not well covered by cash flows (258% cash payout ratio).
Buying Opportunity • Jul 14Now 20% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be €60.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Buying Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be €57.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.