View Future GrowthAurea 過去の業績過去 基準チェック /06Aureaの収益は年間平均-34.4%の割合で減少していますが、 Commercial Services業界の収益は年間 増加しています。収益は年間6% 4.6%割合で 増加しています。主要情報-34.36%収益成長率-34.60%EPS成長率Commercial Services 業界の成長9.67%収益成長率4.64%株主資本利益率-8.12%ネット・マージン-2.44%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Sep 29First half 2024 earnings released: EPS: €0.24 (vs €1.05 in 1H 2023)First half 2024 results: EPS: €0.24 (down from €1.05 in 1H 2023). Revenue: €129.9m (up 2.6% from 1H 2023). Net income: €2.29m (down 77% from 1H 2023). Profit margin: 1.8% (down from 7.8% in 1H 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany.Reported Earnings • May 02Full year 2023 earnings released: EPS: €0.49 (vs €0.31 in FY 2022)Full year 2023 results: EPS: €0.49 (up from €0.31 in FY 2022). Revenue: €245.8m (down 3.0% from FY 2022). Net income: €4.64m (up 55% from FY 2022). Profit margin: 1.9% (up from 1.2% in FY 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.Reported Earnings • Oct 01First half 2023 earnings released: EPS: €1.05 (vs €0.66 in 1H 2022)First half 2023 results: EPS: €1.05 (up from €0.66 in 1H 2022). Revenue: €126.6m (down 11% from 1H 2022). Net income: €9.91m (up 59% from 1H 2022). Profit margin: 7.8% (up from 4.4% in 1H 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.すべての更新を表示Recent updatesお知らせ • May 27Aurea SA, Annual General Meeting, Jun 30, 2026Aurea SA, Annual General Meeting, Jun 30, 2026. Location: 3 avenue bertie albrecht, paris FranceBoard Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 30Aurea SA announces Annual dividend, payable on November 06, 2025Aurea SA announced Annual dividend of EUR 0.1500 per share payable on November 06, 2025, ex-date on November 04, 2025 and record date on November 05, 2025.お知らせ • May 22Aurea SA, Annual General Meeting, Jun 26, 2025Aurea SA, Annual General Meeting, Jun 26, 2025. Location: 3 avenue bertie albrecht, paris FranceNew Risk • Nov 05New 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 6.9% 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€63.0m market cap, or US$68.8m).Reported Earnings • Sep 29First half 2024 earnings released: EPS: €0.24 (vs €1.05 in 1H 2023)First half 2024 results: EPS: €0.24 (down from €1.05 in 1H 2023). Revenue: €129.9m (up 2.6% from 1H 2023). Net income: €2.29m (down 77% from 1H 2023). Profit margin: 1.8% (down from 7.8% in 1H 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €5.76, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 2.7% over the past year.お知らせ • May 26Aurea SA, Annual General Meeting, Jun 28, 2024Aurea SA, Annual General Meeting, Jun 28, 2024. Location: 3 avenue bertie albrecht, paris FranceBuy Or Sell Opportunity • May 03Now 20% undervaluedOver the last 90 days, the stock has risen 9.3% to €5.42. The fair value is estimated to be €6.81, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to decline by 100% in the next 2 years.Reported Earnings • May 02Full year 2023 earnings released: EPS: €0.49 (vs €0.31 in FY 2022)Full year 2023 results: EPS: €0.49 (up from €0.31 in FY 2022). Revenue: €245.8m (down 3.0% from FY 2022). Net income: €4.64m (up 55% from FY 2022). Profit margin: 1.9% (up from 1.2% in FY 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.New Risk • Apr 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 98% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€45.5m market cap, or US$48.4m).New Risk • Feb 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 98% 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 98% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€47.7m market cap, or US$51.4m).Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €4.81, the stock trades at a forward P/E ratio of 515x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 31% over the past year.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €5.12, the stock trades at a forward P/E ratio of 561x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total loss to shareholders of 25% over the past year.New Risk • Oct 11New 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 6.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€50.0m market cap, or US$53.1m).New Risk • Oct 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 179% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€50.2m market cap, or US$53.1m).Reported Earnings • Oct 01First half 2023 earnings released: EPS: €1.05 (vs €0.66 in 1H 2022)First half 2023 results: EPS: €1.05 (up from €0.66 in 1H 2022). Revenue: €126.6m (down 11% from 1H 2022). Net income: €9.91m (up 59% from 1H 2022). Profit margin: 7.8% (up from 4.4% in 1H 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €4.55, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total loss to shareholders of 38% over the past year.New Risk • Aug 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% 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 12% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (€60.8m market cap, or US$66.6m).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to €9.50, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 16x in the Commercial Services industry in Germany.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €8.68, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 17x in the Commercial Services industry in Germany.Board Change • Apr 27Less 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. 4 non-independent directors. Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.75, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 18x in the Commercial Services industry in Germany.Board Change • Dec 02Less 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. 4 non-independent directors. Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.収支内訳Aurea の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:94P 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 25223-50030 Sep 25222-40030 Jun 25221-20031 Mar 25233-10031 Dec 2424510030 Sep 24247-10030 Jun 24249-30031 Mar 2424710031 Dec 2324650030 Sep 2324260030 Jun 2323870031 Mar 2324650031 Dec 2225330030 Sep 2225280030 Jun 22251130031 Mar 22235120031 Dec 21219110030 Sep 2120170030 Jun 2118220031 Mar 21163-10031 Dec 20144-50030 Sep 20150-40030 Jun 20155-40031 Mar 20170-30031 Dec 19185-10030 Sep 1919400030 Jun 1920210031 Mar 1921020031 Dec 1821730030 Sep 1821640030 Jun 1821550031 Mar 1820950031 Dec 1720340030 Sep 1719130030 Jun 1717910031 Mar 1717010031 Dec 1616010030 Sep 1616310030 Jun 1616510031 Mar 1617120031 Dec 1517620030 Sep 1517750030 Jun 15178700質の高い収益: 94Pは現在利益が出ていません。利益率の向上: 94Pは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 94Pは利益が出ておらず、過去 5 年間で損失は年間34.4%の割合で増加しています。成長の加速: 94Pの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 94Pは利益が出ていないため、過去 1 年間の収益成長をCommercial Services業界 ( 17.8% ) と比較することは困難です。株主資本利益率高いROE: 94Pは現在利益が出ていないため、自己資本利益率 ( -8.12% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCommercial-services 、過去の業績が好調な企業。View Financial Health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 10:03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Aurea SA 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Gabrielle AgnusIn Extenso Financement & MarchéNicolas RoyotPortzamparc BNP Paribas
Reported Earnings • Sep 29First half 2024 earnings released: EPS: €0.24 (vs €1.05 in 1H 2023)First half 2024 results: EPS: €0.24 (down from €1.05 in 1H 2023). Revenue: €129.9m (up 2.6% from 1H 2023). Net income: €2.29m (down 77% from 1H 2023). Profit margin: 1.8% (down from 7.8% in 1H 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany.
Reported Earnings • May 02Full year 2023 earnings released: EPS: €0.49 (vs €0.31 in FY 2022)Full year 2023 results: EPS: €0.49 (up from €0.31 in FY 2022). Revenue: €245.8m (down 3.0% from FY 2022). Net income: €4.64m (up 55% from FY 2022). Profit margin: 1.9% (up from 1.2% in FY 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.
Reported Earnings • Oct 01First half 2023 earnings released: EPS: €1.05 (vs €0.66 in 1H 2022)First half 2023 results: EPS: €1.05 (up from €0.66 in 1H 2022). Revenue: €126.6m (down 11% from 1H 2022). Net income: €9.91m (up 59% from 1H 2022). Profit margin: 7.8% (up from 4.4% in 1H 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.
お知らせ • May 27Aurea SA, Annual General Meeting, Jun 30, 2026Aurea SA, Annual General Meeting, Jun 30, 2026. Location: 3 avenue bertie albrecht, paris France
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 30Aurea SA announces Annual dividend, payable on November 06, 2025Aurea SA announced Annual dividend of EUR 0.1500 per share payable on November 06, 2025, ex-date on November 04, 2025 and record date on November 05, 2025.
お知らせ • May 22Aurea SA, Annual General Meeting, Jun 26, 2025Aurea SA, Annual General Meeting, Jun 26, 2025. Location: 3 avenue bertie albrecht, paris France
New Risk • Nov 05New 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 6.9% 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 Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€63.0m market cap, or US$68.8m).
Reported Earnings • Sep 29First half 2024 earnings released: EPS: €0.24 (vs €1.05 in 1H 2023)First half 2024 results: EPS: €0.24 (down from €1.05 in 1H 2023). Revenue: €129.9m (up 2.6% from 1H 2023). Net income: €2.29m (down 77% from 1H 2023). Profit margin: 1.8% (down from 7.8% in 1H 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €5.76, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 2.7% over the past year.
お知らせ • May 26Aurea SA, Annual General Meeting, Jun 28, 2024Aurea SA, Annual General Meeting, Jun 28, 2024. Location: 3 avenue bertie albrecht, paris France
Buy Or Sell Opportunity • May 03Now 20% undervaluedOver the last 90 days, the stock has risen 9.3% to €5.42. The fair value is estimated to be €6.81, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to decline by 100% in the next 2 years.
Reported Earnings • May 02Full year 2023 earnings released: EPS: €0.49 (vs €0.31 in FY 2022)Full year 2023 results: EPS: €0.49 (up from €0.31 in FY 2022). Revenue: €245.8m (down 3.0% from FY 2022). Net income: €4.64m (up 55% from FY 2022). Profit margin: 1.9% (up from 1.2% in FY 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.
New Risk • Apr 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 98% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€45.5m market cap, or US$48.4m).
New Risk • Feb 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 98% 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 98% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€47.7m market cap, or US$51.4m).
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €4.81, the stock trades at a forward P/E ratio of 515x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 31% over the past year.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €5.12, the stock trades at a forward P/E ratio of 561x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total loss to shareholders of 25% over the past year.
New Risk • Oct 11New 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 6.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€50.0m market cap, or US$53.1m).
New Risk • Oct 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 179% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€50.2m market cap, or US$53.1m).
Reported Earnings • Oct 01First half 2023 earnings released: EPS: €1.05 (vs €0.66 in 1H 2022)First half 2023 results: EPS: €1.05 (up from €0.66 in 1H 2022). Revenue: €126.6m (down 11% from 1H 2022). Net income: €9.91m (up 59% from 1H 2022). Profit margin: 7.8% (up from 4.4% in 1H 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €4.55, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total loss to shareholders of 38% over the past year.
New Risk • Aug 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% 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 12% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (€60.8m market cap, or US$66.6m).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to €9.50, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 16x in the Commercial Services industry in Germany.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €8.68, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 17x in the Commercial Services industry in Germany.
Board Change • Apr 27Less 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. 4 non-independent directors. Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.75, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 18x in the Commercial Services industry in Germany.
Board Change • Dec 02Less 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. 4 non-independent directors. Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.