View Financial HealthBénéteau 配当と自社株買い配当金 基準チェック /36Bénéteau配当を支払う会社であり、現在の利回りは3.04%です。主要情報3.0%配当利回り0.5%バイバック利回り総株主利回り3.6%将来の配当利回り4.9%配当成長12.5%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-37%最近の配当と自社株買いの更新Upcoming Dividend • Jun 10Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 19 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%).Declared Dividend • May 27Dividend reduced to €0.20Dividend of €0.20 is 9.1% lower than last year. Ex-date: 17th June 2026 Payment date: 19th June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time.Upcoming Dividend • Jun 05Upcoming dividend of €0.73 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%).Declared Dividend • May 08Dividend increased to €0.73Dividend of €0.73 is 74% higher than last year. Ex-date: 12th June 2024 Payment date: 14th June 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 38% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 5.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 14Upcoming dividend of €0.42 per share at 2.5% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).Upcoming Dividend • Jun 15Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.8%).すべての更新を表示Recent updatesお知らせ • Jun 18Groupe Beneteau Announces Executive Board ChangesGroupe Beneteau announce that following the Annual General Meeting held on June 11, 2026, Groupe Beneteau announced the appointment of Nicolas Retailleau as Chief Financial Officer and his addition to the Executive Board alongside Bruno Thivoyon. Chief Financial Officer of the Group since November 2023, Nicolas Retailleau brings more than 20 years of experience in financial management within international groups (Valeo, Galeries Lafayette, Tarkett) and in several countries (France, Spain, Mexico, the United States, and Belgium). As part of his new responsibilities, he will be tasked with consolidating and developing the finance, legal, and information systems functions, as well as the deployment of management processes (ERP), and ensuring compliance and internal control. Groupe Beneteau thanks Gianguido Girotti, former Chief Executive Officer, for his dedication over the past 11 years, including two on the Executive Board.Upcoming Dividend • Jun 10Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 19 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%).Declared Dividend • May 27Dividend reduced to €0.20Dividend of €0.20 is 9.1% lower than last year. Ex-date: 17th June 2026 Payment date: 19th June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time.Board Change • May 21Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. Independent Director Eric Leonard was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 05Bénéteau S.A. to Report First Half, 2026 Results on Sep 23, 2026Bénéteau S.A. announced that they will report first half, 2026 results on Sep 23, 2026お知らせ • May 04Bénéteau S.A., Annual General Meeting, Jun 11, 2026Bénéteau S.A., Annual General Meeting, Jun 11, 2026. Location: 16 boulevard de la mer, saint gilles croix de vie Franceお知らせ • Nov 04Bénéteau S.A. to Report Fiscal Year 2025 Results on Mar 18, 2026Bénéteau S.A. announced that they will report fiscal year 2025 results After-Market on Mar 18, 2026お知らせ • Jul 29Bénéteau S.A. to Report First Half, 2025 Results on Sep 24, 2025Bénéteau S.A. announced that they will report first half, 2025 results on Sep 24, 2025お知らせ • May 13Bénéteau S.A., Annual General Meeting, Jun 19, 2025Bénéteau S.A., Annual General Meeting, Jun 19, 2025. Location: les embruns, 16 boulevard de la mer, saint gilles croix de vie FranceReported Earnings • Sep 27First half 2024 earnings releasedFirst half 2024 results: Revenue: €558.0m (down 31% from 1H 2023). Net income: €26.7m (down 72% from 1H 2023). Profit margin: 4.8% (down from 12% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €10.88, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Leisure industry in Europe. Total loss to shareholders of 11% over the past three years.Upcoming Dividend • Jun 05Upcoming dividend of €0.73 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%).Declared Dividend • May 08Dividend increased to €0.73Dividend of €0.73 is 74% higher than last year. Ex-date: 12th June 2024 Payment date: 14th June 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 38% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 5.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 21Bénéteau S.A., Annual General Meeting, Jun 04, 2024Bénéteau S.A., Annual General Meeting, Jun 04, 2024.Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.47b (down 2.7% from FY 2022). Net income: €159.0m (up 54% from FY 2022). Profit margin: 11% (up from 6.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Leisure industry in Europe.Buy Or Sell Opportunity • Mar 20Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €13.72. The fair value is estimated to be €11.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to decline by 21% in the next 2 years.お知らせ • Nov 10Bénéteau S.A. to Report Fiscal Year 2023 Results on Mar 19, 2024Bénéteau S.A. announced that they will report fiscal year 2023 results After-Market on Mar 19, 2024New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% 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 Risks Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. High level of non-cash earnings (33% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Sep 29First half 2023 earnings released: EPS: €1.19 (vs €0.65 in 1H 2022)First half 2023 results: EPS: €1.19 (up from €0.65 in 1H 2022). Revenue: €131.2m (down 82% from 1H 2022). Net income: €95.9m (up 81% from 1H 2022). Profit margin: 73% (up from 7.4% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe.Buying Opportunity • Aug 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €17.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.Upcoming Dividend • Jun 14Upcoming dividend of €0.42 per share at 2.5% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €16.46, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Leisure industry in Europe. Total returns to shareholders of 206% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.93 per share.お知らせ • May 09Bénéteau Enter into Exclusive Discussions with Trigano to Sell BIO HABITATBénéteau S.A. (ENXTPA:BEN) said it has entered into exclusive discussions with Trigano S.A. (ENXTPA:TRI) to sell its housing business which is focused on manufacturing leisure homes for the camping tourism sector. The talks concern Beneteau’s subsidiary BIO HABITAT, including the O'HARA, IRM and COCO SWEET brands, as well as all of its employees. The financial details of the transaction under negotiations were not disclosed. A potential divestment will be aligned with the French boats maker’s push to focus on its core business.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to €12.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Leisure industry in Europe. Total returns to shareholders of 31% over the past three years.Reported Earnings • Sep 30First half 2022 earnings releasedFirst half 2022 results: EPS: €0.64. Net income: €52.9m (up €52.9m from 1H 2021). Revenue is forecast to grow 8.7% p.a. on average during the next 4 years, compared to a 7.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 15Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.8%).Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Catherine Pourre was the last independent director to join the board, commencing their role in 2019. 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 • May 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to €12.36, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 27x in the Leisure industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.54 per share.Is New 90 Day High Low • Mar 02New 90-day high: €12.87The company is up 45% from its price of €8.90 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.80 per share.Is New 90 Day High Low • Jan 26New 90-day high: €10.85The company is up 49% from its price of €7.31 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.85 per share.Is New 90 Day High Low • Jan 07New 90-day high: €9.70The company is up 43% from its price of €6.80 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.57 per share.Is New 90 Day High Low • Dec 05New 90-day high: €8.96The company is up 34% from its price of €6.69 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.63 per share.Is New 90 Day High Low • Nov 07New 90-day high: €8.13The company is up 27% from its price of €6.41 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.88 per share.Is New 90 Day High Low • Oct 12New 90-day high: €7.45The company is up 36% from its price of €5.47 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.86 per share.決済の安定と成長配当データの取得安定した配当: 3GDの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 3GDの配当金は過去10年間にわたって増加しています。配当利回り対市場Bénéteau 配当利回り対市場3GD 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 (3GD)3.0%市場下位25% (DE)1.5%市場トップ25% (DE)4.8%業界平均 (Leisure)2.5%アナリスト予想 (3GD) (最長3年)4.9%注目すべき配当: 3GDの配当金 ( 3.04% ) はGerman市場の配当金支払者の下位 25% ( 1.54% ) よりも高くなっています。高配当: 3GDの配当金 ( 3.04% ) はGerman市場の配当金支払者の上位 25% ( 4.83% ) 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: 3GDは配当金を支払っていますが、会社は利益を上げていません。株主配当金キャッシュフローカバレッジ: 3GDは低い 現金配当性向 ( 23.8% ) 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2026/06/28 23:35終値2026/06/26 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Bénéteau S.A. 6 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。14 アナリスト機関Edward BottomleyBerenbergRemi GrenuBerenbergMarie-Line FortBernstein11 その他のアナリストを表示
Upcoming Dividend • Jun 10Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 19 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%).
Declared Dividend • May 27Dividend reduced to €0.20Dividend of €0.20 is 9.1% lower than last year. Ex-date: 17th June 2026 Payment date: 19th June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time.
Upcoming Dividend • Jun 05Upcoming dividend of €0.73 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%).
Declared Dividend • May 08Dividend increased to €0.73Dividend of €0.73 is 74% higher than last year. Ex-date: 12th June 2024 Payment date: 14th June 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 38% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 5.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 14Upcoming dividend of €0.42 per share at 2.5% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).
Upcoming Dividend • Jun 15Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.8%).
お知らせ • Jun 18Groupe Beneteau Announces Executive Board ChangesGroupe Beneteau announce that following the Annual General Meeting held on June 11, 2026, Groupe Beneteau announced the appointment of Nicolas Retailleau as Chief Financial Officer and his addition to the Executive Board alongside Bruno Thivoyon. Chief Financial Officer of the Group since November 2023, Nicolas Retailleau brings more than 20 years of experience in financial management within international groups (Valeo, Galeries Lafayette, Tarkett) and in several countries (France, Spain, Mexico, the United States, and Belgium). As part of his new responsibilities, he will be tasked with consolidating and developing the finance, legal, and information systems functions, as well as the deployment of management processes (ERP), and ensuring compliance and internal control. Groupe Beneteau thanks Gianguido Girotti, former Chief Executive Officer, for his dedication over the past 11 years, including two on the Executive Board.
Upcoming Dividend • Jun 10Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 19 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%).
Declared Dividend • May 27Dividend reduced to €0.20Dividend of €0.20 is 9.1% lower than last year. Ex-date: 17th June 2026 Payment date: 19th June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time.
Board Change • May 21Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. Independent Director Eric Leonard was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 05Bénéteau S.A. to Report First Half, 2026 Results on Sep 23, 2026Bénéteau S.A. announced that they will report first half, 2026 results on Sep 23, 2026
お知らせ • May 04Bénéteau S.A., Annual General Meeting, Jun 11, 2026Bénéteau S.A., Annual General Meeting, Jun 11, 2026. Location: 16 boulevard de la mer, saint gilles croix de vie France
お知らせ • Nov 04Bénéteau S.A. to Report Fiscal Year 2025 Results on Mar 18, 2026Bénéteau S.A. announced that they will report fiscal year 2025 results After-Market on Mar 18, 2026
お知らせ • Jul 29Bénéteau S.A. to Report First Half, 2025 Results on Sep 24, 2025Bénéteau S.A. announced that they will report first half, 2025 results on Sep 24, 2025
お知らせ • May 13Bénéteau S.A., Annual General Meeting, Jun 19, 2025Bénéteau S.A., Annual General Meeting, Jun 19, 2025. Location: les embruns, 16 boulevard de la mer, saint gilles croix de vie France
Reported Earnings • Sep 27First half 2024 earnings releasedFirst half 2024 results: Revenue: €558.0m (down 31% from 1H 2023). Net income: €26.7m (down 72% from 1H 2023). Profit margin: 4.8% (down from 12% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €10.88, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Leisure industry in Europe. Total loss to shareholders of 11% over the past three years.
Upcoming Dividend • Jun 05Upcoming dividend of €0.73 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.4%).
Declared Dividend • May 08Dividend increased to €0.73Dividend of €0.73 is 74% higher than last year. Ex-date: 12th June 2024 Payment date: 14th June 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 38% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 5.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 21Bénéteau S.A., Annual General Meeting, Jun 04, 2024Bénéteau S.A., Annual General Meeting, Jun 04, 2024.
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.47b (down 2.7% from FY 2022). Net income: €159.0m (up 54% from FY 2022). Profit margin: 11% (up from 6.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Leisure industry in Europe.
Buy Or Sell Opportunity • Mar 20Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €13.72. The fair value is estimated to be €11.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to decline by 21% in the next 2 years.
お知らせ • Nov 10Bénéteau S.A. to Report Fiscal Year 2023 Results on Mar 19, 2024Bénéteau S.A. announced that they will report fiscal year 2023 results After-Market on Mar 19, 2024
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% 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 Risks Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. High level of non-cash earnings (33% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Sep 29First half 2023 earnings released: EPS: €1.19 (vs €0.65 in 1H 2022)First half 2023 results: EPS: €1.19 (up from €0.65 in 1H 2022). Revenue: €131.2m (down 82% from 1H 2022). Net income: €95.9m (up 81% from 1H 2022). Profit margin: 73% (up from 7.4% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe.
Buying Opportunity • Aug 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €17.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.
Upcoming Dividend • Jun 14Upcoming dividend of €0.42 per share at 2.5% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €16.46, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Leisure industry in Europe. Total returns to shareholders of 206% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.93 per share.
お知らせ • May 09Bénéteau Enter into Exclusive Discussions with Trigano to Sell BIO HABITATBénéteau S.A. (ENXTPA:BEN) said it has entered into exclusive discussions with Trigano S.A. (ENXTPA:TRI) to sell its housing business which is focused on manufacturing leisure homes for the camping tourism sector. The talks concern Beneteau’s subsidiary BIO HABITAT, including the O'HARA, IRM and COCO SWEET brands, as well as all of its employees. The financial details of the transaction under negotiations were not disclosed. A potential divestment will be aligned with the French boats maker’s push to focus on its core business.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to €12.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Leisure industry in Europe. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Sep 30First half 2022 earnings releasedFirst half 2022 results: EPS: €0.64. Net income: €52.9m (up €52.9m from 1H 2021). Revenue is forecast to grow 8.7% p.a. on average during the next 4 years, compared to a 7.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 15Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.8%).
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Catherine Pourre was the last independent director to join the board, commencing their role in 2019. 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 • May 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to €12.36, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 27x in the Leisure industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.54 per share.
Is New 90 Day High Low • Mar 02New 90-day high: €12.87The company is up 45% from its price of €8.90 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.80 per share.
Is New 90 Day High Low • Jan 26New 90-day high: €10.85The company is up 49% from its price of €7.31 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.85 per share.
Is New 90 Day High Low • Jan 07New 90-day high: €9.70The company is up 43% from its price of €6.80 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.57 per share.
Is New 90 Day High Low • Dec 05New 90-day high: €8.96The company is up 34% from its price of €6.69 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.63 per share.
Is New 90 Day High Low • Nov 07New 90-day high: €8.13The company is up 27% from its price of €6.41 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.88 per share.
Is New 90 Day High Low • Oct 12New 90-day high: €7.45The company is up 36% from its price of €5.47 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.86 per share.