View Financial HealthKlöckner & Co 配当と自社株買い配当金 基準チェック /16Klöckner & Coは配当を支払う会社で、現在の利回りは1.59%です。次の支払い日は 25th May, 2026で、権利落ち日は21st May, 2026 。主要情報1.6%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り1.9%配当成長2.0%次回配当支払日25 May 26配当落ち日21 May 26一株当たり配当金n/a配当性向-68%最近の配当と自社株買いの更新お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on May 25, 2026Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on June 02, 2025Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025.Upcoming Dividend • May 17Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).Declared Dividend • Mar 15Dividend of €0.20 announcedShareholders will receive a dividend of €0.20. Ex-date: 24th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. 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 (9% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time.Upcoming Dividend • May 11Upcoming dividend of €0.40 per share at 4.1% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).Upcoming Dividend • May 26Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 07 June 2022. Trailing yield: 8.7%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%).すべての更新を表示Recent updatesお知らせ • Apr 08Klöckner & Co SE, Annual General Meeting, May 20, 2026Klöckner & Co SE, Annual General Meeting, May 20, 2026, at 10:30 W. Europe Standard Time.お知らせ • Apr 02+ 1 more updateKlöckner & Co SE to Report Q1, 2026 Results on May 06, 2026Klöckner & Co SE announced that they will report Q1, 2026 results on May 06, 2026お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on May 25, 2026Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.お知らせ • Jan 24Klöckner & Co SE to Report Fiscal Year 2025 Results on Mar 11, 2026Klöckner & Co SE announced that they will report fiscal year 2025 results on Mar 11, 2026お知らせ • Jan 16Worthington Steel, Inc. (NYSE:WS) entered into a Business Combination Agreement to acquire Klöckner & Co SE (XTRA:KCO) from SWOCTEM GmbH and others for approximately €1.1 billion.Worthington Steel, Inc. (NYSE:WS) entered into a Business Combination Agreement to acquire Klöckner & Co SE (XTRA:KCO) from SWOCTEM GmbH and others for approximately €1.1 billion on January 15, 2026. Worthington Steel intends to launch a voluntary public offer to acquire all outstanding shares of Kloeckner & Co. Kloeckner shareholders who choose to participate in the offer will receive €11 in cash for each Kloeckner & Co share tendered into the offer. The offer price implies an enterprise value of €2.05874 billion. Worthington Steel expects to finance the transaction via a combination of cash on hand and new debt financing. The Offer will be fully financed via underwritten commitments and is not subject to any financing conditions. SWOCTEM GmbH owning approximately 42% of shares, has entered into an Irrevocable Agreement with Worthington Steel whereby they have committed to tender their shares in support of Worthington Steel’s offer. Wells Fargo and Citigroup have provided fully underwritten financing commitments for the acquisition financing. The Management Board and executive leadership are expected to remain in place following completion of the transaction. Kloeckner’s Management and Supervisory board welcome the Offer and, subject to their review of the Offer Document, intend to recommend acceptance by Kloeckner's shareholders. Completion of the offer will be subject to a minimum acceptance threshold of 65% of Kloeckner’s issued share capital at the end of the acceptance period and regulatory approvals. Completion of the offer is expected to occur in the second half of calendar year 2026. Expected to be substantially accretive to Worthington Steel’s EPS within the first full year of operation. Andina Partners International LLP and Bank of America are acting as financial advisors to Worthington Steel. Latham & Watkins LLP is serving as legal counsel to Worthington Steel. Goldman Sachs Bank Europe SE is acting as financial advisor to Klöckner & Co, and Hengeler Mueller is acting as its legal advisor.Buy Or Sell Opportunity • Aug 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.0% to €5.88. The fair value is estimated to be €7.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 07Klöckner & Co SE to Report Q3, 2025 Results on Nov 05, 2025Klöckner & Co SE announced that they will report Q3, 2025 results on Nov 05, 2025お知らせ • Apr 14Klöckner & Co SE, Annual General Meeting, May 28, 2025Klöckner & Co SE, Annual General Meeting, May 28, 2025, at 10:30 W. Europe Standard Time.お知らせ • Mar 29Klöckner & Co SE to Report First Half, 2026 Results on Aug 05, 2026Klöckner & Co SE announced that they will report first half, 2026 results on Aug 05, 2026お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on June 02, 2025Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025.Reported Earnings • Nov 08Third quarter 2024 earnings released: €0.29 loss per share (vs €0.12 loss in 3Q 2023)Third quarter 2024 results: €0.29 loss per share (further deteriorated from €0.12 loss in 3Q 2023). Revenue: €1.66b (down 14% from 3Q 2023). Net loss: €29.2m (loss widened 139% from 3Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Sep 24+ 1 more updateKlöckner & Co SE to Report Q1, 2025 Results on May 07, 2025Klöckner & Co SE announced that they will report Q1, 2025 results on May 07, 2025Reported Earnings • Aug 02Second quarter 2024 earnings released: €0.18 loss per share (vs €0.12 profit in 2Q 2023)Second quarter 2024 results: €0.18 loss per share (down from €0.12 profit in 2Q 2023). Revenue: €1.77b (down 9.9% from 2Q 2023). Net loss: €18.3m (down 255% from profit in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.お知らせ • Jul 10Klöckner & Co SE to Report First Half, 2025 Results on Aug 06, 2025Klöckner & Co SE announced that they will report first half, 2025 results on Aug 06, 2025Price Target Changed • Jul 08Price target decreased by 7.7% to €8.38Down from €9.08, the current price target is an average from 4 analysts. New target price is 53% above last closing price of €5.47. Stock is down 36% over the past year. The company is forecast to post earnings per share of €0.14 next year compared to a net loss per share of €0.011 last year.Upcoming Dividend • May 17Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).New Risk • May 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Paying a dividend despite being loss-making.Reported Earnings • May 07First quarter 2024 earnings released: EPS: €0.08 (vs €0.08 loss in 1Q 2023)First quarter 2024 results: EPS: €0.08 (up from €0.08 loss in 1Q 2023). Revenue: €1.74b (down 16% from 1Q 2023). Net loss: €8.00m (loss narrowed 3.9% from 1Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Price Target Changed • Apr 04Price target decreased by 8.0% to €9.20Down from €10.00, the current price target is an average from 4 analysts. New target price is 35% above last closing price of €6.80. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.66 next year compared to a net loss per share of €0.011 last year.Declared Dividend • Mar 15Dividend of €0.20 announcedShareholders will receive a dividend of €0.20. Ex-date: 24th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. 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 (9% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time.Reported Earnings • Mar 14Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: €0.011 loss per share (down from €2.54 profit in FY 2022). Revenue: €6.99b (down 26% from FY 2022). Net loss: €1.06m (down 100% from profit in FY 2022). Profit margin: 0% (down from 2.7% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Mar 07+ 1 more updateHierros Anon SA acquired Four European Commodity Distribution Business of Klöckner & Co SE (XTRA:KCO).Hierros Anon SA intent to acquire Four European Commodity Distribution Business of Klöckner & Co SE (XTRA:KCO) on December 22, 2023. The four business are in France, the United Kingdom, the Netherlands, and Belgium. As of September 30, 2023, Four European Commodity Distribution Business reported approximately €620 million in sales, EBITDA of negative €19 million and total assets of approximately €550 million. The proposed transaction is subject to information and consultation procedures with the relevant employee representative bodies, as well as the customary regulatory approvals and closing conditions. The transaction is expected to close in the first half of 2024. Hierros Anon SA completed the acquisition of Four European Commodity Distribution Business of Klöckner & Co SE (XTRA:KCO) on March 7, 2024.Price Target Changed • Mar 04Price target decreased by 7.7% to €10.00Down from €10.83, the current price target is an average from 3 analysts. New target price is 53% above last closing price of €6.53. The company is forecast to post earnings per share of €0.23 for next year compared to €2.54 last year.Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: €0.12 (vs €0.22 loss in 3Q 2022)Third quarter 2023 results: EPS: €0.12 (up from €0.22 loss in 3Q 2022). Revenue: €1.94b (down 18% from 3Q 2022). Net income: €6.12m (up €27.9m from 3Q 2022). Profit margin: 0.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 04Klöckner & Co SE to Report First Half, 2024 Results on Aug 01, 2024Klöckner & Co SE announced that they will report first half, 2024 results on Aug 01, 2024Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: €0.12 (vs €1.50 in 2Q 2022)Second quarter 2023 results: EPS: €0.12 (down from €1.50 in 2Q 2022). Revenue: €1.97b (down 24% from 2Q 2022). Net income: €11.8m (down 92% from 2Q 2022). Profit margin: 0.6% (down from 5.8% in 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 03+ 3 more updatesKlöckner & Co SE, Annual General Meeting, May 23, 2024Klöckner & Co SE, Annual General Meeting, May 23, 2024.Upcoming Dividend • May 11Upcoming dividend of €0.40 per share at 4.1% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).Reported Earnings • May 03First quarter 2023 earnings released: €0.08 loss per share (vs €1.68 profit in 1Q 2022)First quarter 2023 results: €0.08 loss per share (down from €1.68 profit in 1Q 2022). Revenue: €2.09b (down 14% from 1Q 2022). Net loss: €8.33m (down 105% from profit in 1Q 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 05Price target increased by 10% to €10.60Up from €9.60, the current price target is an average from 3 analysts. New target price is 6.7% above last closing price of €9.94. Stock is down 10% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €2.54 last year.Reported Earnings • Mar 10Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €2.54 (down from €6.21 in FY 2021). Revenue: €9.38b (up 26% from FY 2021). Net income: €253.2m (down 59% from FY 2021). Profit margin: 2.7% (down from 8.3% in FY 2021). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 13Klöckner & Co SE to Report Fiscal Year 2022 Results on Mar 09, 2023Klöckner & Co SE announced that they will report fiscal year 2022 results on Mar 09, 2023Price Target Changed • Nov 16Price target decreased to €10.05Down from €11.53, the current price target is an average from 4 analysts. New target price is 8.3% above last closing price of €9.28. Stock is down 15% over the past year. The company is forecast to post earnings per share of €1.87 for next year compared to €6.21 last year.Reported Earnings • Nov 04Third quarter 2022 earnings released: €0.22 loss per share (vs €1.86 profit in 3Q 2021)Third quarter 2022 results: €0.22 loss per share (down from €1.86 profit in 3Q 2021). Revenue: €2.37b (up 16% from 3Q 2021). Net loss: €21.7m (down 112% from profit in 3Q 2021). Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 04Klöckner & Co SE to Report Q3, 2023 Results on Oct 31, 2023Klöckner & Co SE announced that they will report Q3, 2023 results on Oct 31, 2023Price Target Changed • Oct 12Price target decreased to €10.62Down from €12.12, the current price target is an average from 6 analysts. New target price is 48% above last closing price of €7.15. Stock is down 38% over the past year. The company is forecast to post earnings per share of €2.76 for next year compared to €6.21 last year.Price Target Changed • Aug 13Price target decreased to €12.12Down from €13.03, the current price target is an average from 6 analysts. New target price is 31% above last closing price of €9.27. Stock is down 26% over the past year. The company is forecast to post earnings per share of €2.84 for next year compared to €6.21 last year.Reported Earnings • Aug 04Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: €1.50 (down from €2.13 in 2Q 2021). Revenue: €2.59b (up 40% from 2Q 2021). Net income: €149.1m (down 30% from 2Q 2021). Profit margin: 5.8% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Over the next year, revenue is expected to shrink by 1.4% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 21Price target decreased to €13.03Down from €14.08, the current price target is an average from 6 analysts. New target price is 48% above last closing price of €8.84. Stock is down 23% over the past year. The company is forecast to post earnings per share of €2.94 for next year compared to €6.21 last year.Buying Opportunity • Jun 11Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €12.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 8.9% in 2 years. Earnings is forecast to decline by 88% in the next 2 years.Upcoming Dividend • May 26Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 07 June 2022. Trailing yield: 8.7%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%).Reported Earnings • May 05First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €1.68 (up from €0.85 in 1Q 2021). Revenue: €2.50b (up 64% from 1Q 2021). Net income: €168.0m (up 98% from 1Q 2021). Profit margin: 6.7% (up from 5.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Over the next year, revenue is expected to shrink by 6.0% compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 11Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €6.21 (up from €1.16 loss in FY 2020). Revenue: €7.44b (up 45% from FY 2020). Net income: €619.0m (up €734.9m from FY 2020). Profit margin: 8.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Over the next year, revenue is expected to shrink by 4.5% compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to €12.59, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 115% over the past three years.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS €1.86 (vs €0.05 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €2.04b (up 60% from 3Q 2020). Net income: €185.3m (up €190.5m from 3Q 2020). Profit margin: 9.1% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to €12.06, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 21x in the Trade Distributors industry in Europe. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.90 per share.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €9.57, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 19x in the Trade Distributors industry in Europe. Total returns to shareholders of 3.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.10 per share.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS €2.13 (vs €1.11 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €1.85b (up 58% from 2Q 2020). Net income: €212.4m (up €323.3m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Price Target Changed • Jun 07Price target increased to €13.11Up from €12.07, the current price target is an average from 7 analysts. New target price is 21% above last closing price of €10.84. Stock is up 129% over the past year.Executive Departure • May 14Chairman of Management Board & CEO Gisbert Rühl has left the companyOn the 12th of May, Gisbert Rühl's tenure as Chairman of Management Board & CEO of the company ended after 11.5 years in the role. We don't have any record of a personal shareholding under Gisbert's name. Gisbert is the only executive to leave the company over the last 12 months. Under Gisbert's leadership, the company delivered a total shareholder return of -5.3%.Reported Earnings • May 01First quarter 2021 earnings released: EPS €0.85 (vs €0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.53b (up 5.4% from 1Q 2020). Net income: €85.0m (up €106.2m from 1Q 2020). Profit margin: 5.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 20Price target increased to €11.50Up from €10.27, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €11.33. Stock is up 214% over the past year.Price Target Changed • Mar 30Price target increased to €10.27Up from €8.80, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €10.35. Stock is up 206% over the past year.Reported Earnings • Mar 11Full year 2020 earnings released: €1.16 loss per share (vs €0.56 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €5.13b (down 19% from FY 2019). Net loss: €115.9m (loss widened 106% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Mar 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 14%, compared to a 4.8% growth forecast for the Trade Distributors industry in Germany.Is New 90 Day High Low • Feb 14New 90-day high: €8.68The company is up 51% from its price of €5.73 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.19 per share.Price Target Changed • Feb 12Price target raised to €8.56Up from €7.74, the current price target is an average from 6 analysts. The new target price is close to the current share price of €8.25. As of last close, the stock is up 29% over the past year.Is New 90 Day High Low • Dec 05New 90-day high: €7.68The company is up 55% from its price of €4.96 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 Trade Distributors industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.05 per share.Price Target Changed • Nov 30Price target raised to €7.36Up from €6.57, the current price target is an average from 7 analysts. The new target price is close to the current share price of €7.21. As of last close, the stock is up 24% over the past year.Is New 90 Day High Low • Nov 16New 90-day high: €6.03The company is up 7.0% from its price of €5.61 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.10 per share.Reported Earnings • Nov 05Third quarter 2020 earnings released: €0.05 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: €1.28b (down 18% from 3Q 2019). Net loss: €5.12m (loss narrowed 78% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 112% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 05Revenue and earnings miss expectationsRevenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 10% while the growth in Trade Distributors industry in Germany is expected to stay flat.配当金の支払いについて今日May 17 2026配当落ち日May 21 2026配当支払日May 25 20264 days 配当落ちから次の3 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: KCO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: KCOは9年間のみ配当金を支払っており、それ以降支払額は増加していません。配当利回り対市場Klöckner & Co 配当利回り対市場KCO 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 (KCO)1.6%市場下位25% (DE)1.6%市場トップ25% (DE)4.6%業界平均 (Metals and Mining)1.4%アナリスト予想 (KCO) (最長3年)1.9%注目すべき配当: KCOの配当金 ( 1.59% ) はGerman市場の配当金支払者の下位 25% ( 1.55% ) よりも高くなっています。高配当: KCOの配当金 ( 1.59% ) はGerman市場の配当金支払者の上位 25% ( 4.58% ) 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: KCO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: KCOは配当金を支払っていますが、同社にはフリーキャッシュフローがありません。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2026/05/17 17:11終値2026/05/15 00:00収益2026/03/31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Klöckner & Co SE 4 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。20 アナリスト機関Knut WollerBaader Helvea Equity ResearchChristian ObstBaader Helvea Equity ResearchGunnar CohrsBerenberg17 その他のアナリストを表示
お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on May 25, 2026Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.
お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on June 02, 2025Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025.
Upcoming Dividend • May 17Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).
Declared Dividend • Mar 15Dividend of €0.20 announcedShareholders will receive a dividend of €0.20. Ex-date: 24th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. 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 (9% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time.
Upcoming Dividend • May 11Upcoming dividend of €0.40 per share at 4.1% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).
Upcoming Dividend • May 26Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 07 June 2022. Trailing yield: 8.7%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%).
お知らせ • Apr 08Klöckner & Co SE, Annual General Meeting, May 20, 2026Klöckner & Co SE, Annual General Meeting, May 20, 2026, at 10:30 W. Europe Standard Time.
お知らせ • Apr 02+ 1 more updateKlöckner & Co SE to Report Q1, 2026 Results on May 06, 2026Klöckner & Co SE announced that they will report Q1, 2026 results on May 06, 2026
お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on May 25, 2026Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026.
お知らせ • Jan 24Klöckner & Co SE to Report Fiscal Year 2025 Results on Mar 11, 2026Klöckner & Co SE announced that they will report fiscal year 2025 results on Mar 11, 2026
お知らせ • Jan 16Worthington Steel, Inc. (NYSE:WS) entered into a Business Combination Agreement to acquire Klöckner & Co SE (XTRA:KCO) from SWOCTEM GmbH and others for approximately €1.1 billion.Worthington Steel, Inc. (NYSE:WS) entered into a Business Combination Agreement to acquire Klöckner & Co SE (XTRA:KCO) from SWOCTEM GmbH and others for approximately €1.1 billion on January 15, 2026. Worthington Steel intends to launch a voluntary public offer to acquire all outstanding shares of Kloeckner & Co. Kloeckner shareholders who choose to participate in the offer will receive €11 in cash for each Kloeckner & Co share tendered into the offer. The offer price implies an enterprise value of €2.05874 billion. Worthington Steel expects to finance the transaction via a combination of cash on hand and new debt financing. The Offer will be fully financed via underwritten commitments and is not subject to any financing conditions. SWOCTEM GmbH owning approximately 42% of shares, has entered into an Irrevocable Agreement with Worthington Steel whereby they have committed to tender their shares in support of Worthington Steel’s offer. Wells Fargo and Citigroup have provided fully underwritten financing commitments for the acquisition financing. The Management Board and executive leadership are expected to remain in place following completion of the transaction. Kloeckner’s Management and Supervisory board welcome the Offer and, subject to their review of the Offer Document, intend to recommend acceptance by Kloeckner's shareholders. Completion of the offer will be subject to a minimum acceptance threshold of 65% of Kloeckner’s issued share capital at the end of the acceptance period and regulatory approvals. Completion of the offer is expected to occur in the second half of calendar year 2026. Expected to be substantially accretive to Worthington Steel’s EPS within the first full year of operation. Andina Partners International LLP and Bank of America are acting as financial advisors to Worthington Steel. Latham & Watkins LLP is serving as legal counsel to Worthington Steel. Goldman Sachs Bank Europe SE is acting as financial advisor to Klöckner & Co, and Hengeler Mueller is acting as its legal advisor.
Buy Or Sell Opportunity • Aug 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.0% to €5.88. The fair value is estimated to be €7.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 07Klöckner & Co SE to Report Q3, 2025 Results on Nov 05, 2025Klöckner & Co SE announced that they will report Q3, 2025 results on Nov 05, 2025
お知らせ • Apr 14Klöckner & Co SE, Annual General Meeting, May 28, 2025Klöckner & Co SE, Annual General Meeting, May 28, 2025, at 10:30 W. Europe Standard Time.
お知らせ • Mar 29Klöckner & Co SE to Report First Half, 2026 Results on Aug 05, 2026Klöckner & Co SE announced that they will report first half, 2026 results on Aug 05, 2026
お知らせ • Mar 13Klöckner & Co SE announces Annual dividend, payable on June 02, 2025Klöckner & Co SE announced Annual dividend of EUR 0.2000 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025.
Reported Earnings • Nov 08Third quarter 2024 earnings released: €0.29 loss per share (vs €0.12 loss in 3Q 2023)Third quarter 2024 results: €0.29 loss per share (further deteriorated from €0.12 loss in 3Q 2023). Revenue: €1.66b (down 14% from 3Q 2023). Net loss: €29.2m (loss widened 139% from 3Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 24+ 1 more updateKlöckner & Co SE to Report Q1, 2025 Results on May 07, 2025Klöckner & Co SE announced that they will report Q1, 2025 results on May 07, 2025
Reported Earnings • Aug 02Second quarter 2024 earnings released: €0.18 loss per share (vs €0.12 profit in 2Q 2023)Second quarter 2024 results: €0.18 loss per share (down from €0.12 profit in 2Q 2023). Revenue: €1.77b (down 9.9% from 2Q 2023). Net loss: €18.3m (down 255% from profit in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 10Klöckner & Co SE to Report First Half, 2025 Results on Aug 06, 2025Klöckner & Co SE announced that they will report first half, 2025 results on Aug 06, 2025
Price Target Changed • Jul 08Price target decreased by 7.7% to €8.38Down from €9.08, the current price target is an average from 4 analysts. New target price is 53% above last closing price of €5.47. Stock is down 36% over the past year. The company is forecast to post earnings per share of €0.14 next year compared to a net loss per share of €0.011 last year.
Upcoming Dividend • May 17Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 28 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).
New Risk • May 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Paying a dividend despite being loss-making.
Reported Earnings • May 07First quarter 2024 earnings released: EPS: €0.08 (vs €0.08 loss in 1Q 2023)First quarter 2024 results: EPS: €0.08 (up from €0.08 loss in 1Q 2023). Revenue: €1.74b (down 16% from 1Q 2023). Net loss: €8.00m (loss narrowed 3.9% from 1Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Price Target Changed • Apr 04Price target decreased by 8.0% to €9.20Down from €10.00, the current price target is an average from 4 analysts. New target price is 35% above last closing price of €6.80. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.66 next year compared to a net loss per share of €0.011 last year.
Declared Dividend • Mar 15Dividend of €0.20 announcedShareholders will receive a dividend of €0.20. Ex-date: 24th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. 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 (9% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time.
Reported Earnings • Mar 14Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: €0.011 loss per share (down from €2.54 profit in FY 2022). Revenue: €6.99b (down 26% from FY 2022). Net loss: €1.06m (down 100% from profit in FY 2022). Profit margin: 0% (down from 2.7% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 07+ 1 more updateHierros Anon SA acquired Four European Commodity Distribution Business of Klöckner & Co SE (XTRA:KCO).Hierros Anon SA intent to acquire Four European Commodity Distribution Business of Klöckner & Co SE (XTRA:KCO) on December 22, 2023. The four business are in France, the United Kingdom, the Netherlands, and Belgium. As of September 30, 2023, Four European Commodity Distribution Business reported approximately €620 million in sales, EBITDA of negative €19 million and total assets of approximately €550 million. The proposed transaction is subject to information and consultation procedures with the relevant employee representative bodies, as well as the customary regulatory approvals and closing conditions. The transaction is expected to close in the first half of 2024. Hierros Anon SA completed the acquisition of Four European Commodity Distribution Business of Klöckner & Co SE (XTRA:KCO) on March 7, 2024.
Price Target Changed • Mar 04Price target decreased by 7.7% to €10.00Down from €10.83, the current price target is an average from 3 analysts. New target price is 53% above last closing price of €6.53. The company is forecast to post earnings per share of €0.23 for next year compared to €2.54 last year.
Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: €0.12 (vs €0.22 loss in 3Q 2022)Third quarter 2023 results: EPS: €0.12 (up from €0.22 loss in 3Q 2022). Revenue: €1.94b (down 18% from 3Q 2022). Net income: €6.12m (up €27.9m from 3Q 2022). Profit margin: 0.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 04Klöckner & Co SE to Report First Half, 2024 Results on Aug 01, 2024Klöckner & Co SE announced that they will report first half, 2024 results on Aug 01, 2024
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: €0.12 (vs €1.50 in 2Q 2022)Second quarter 2023 results: EPS: €0.12 (down from €1.50 in 2Q 2022). Revenue: €1.97b (down 24% from 2Q 2022). Net income: €11.8m (down 92% from 2Q 2022). Profit margin: 0.6% (down from 5.8% in 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 03+ 3 more updatesKlöckner & Co SE, Annual General Meeting, May 23, 2024Klöckner & Co SE, Annual General Meeting, May 23, 2024.
Upcoming Dividend • May 11Upcoming dividend of €0.40 per share at 4.1% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).
Reported Earnings • May 03First quarter 2023 earnings released: €0.08 loss per share (vs €1.68 profit in 1Q 2022)First quarter 2023 results: €0.08 loss per share (down from €1.68 profit in 1Q 2022). Revenue: €2.09b (down 14% from 1Q 2022). Net loss: €8.33m (down 105% from profit in 1Q 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 05Price target increased by 10% to €10.60Up from €9.60, the current price target is an average from 3 analysts. New target price is 6.7% above last closing price of €9.94. Stock is down 10% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €2.54 last year.
Reported Earnings • Mar 10Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €2.54 (down from €6.21 in FY 2021). Revenue: €9.38b (up 26% from FY 2021). Net income: €253.2m (down 59% from FY 2021). Profit margin: 2.7% (down from 8.3% in FY 2021). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 13Klöckner & Co SE to Report Fiscal Year 2022 Results on Mar 09, 2023Klöckner & Co SE announced that they will report fiscal year 2022 results on Mar 09, 2023
Price Target Changed • Nov 16Price target decreased to €10.05Down from €11.53, the current price target is an average from 4 analysts. New target price is 8.3% above last closing price of €9.28. Stock is down 15% over the past year. The company is forecast to post earnings per share of €1.87 for next year compared to €6.21 last year.
Reported Earnings • Nov 04Third quarter 2022 earnings released: €0.22 loss per share (vs €1.86 profit in 3Q 2021)Third quarter 2022 results: €0.22 loss per share (down from €1.86 profit in 3Q 2021). Revenue: €2.37b (up 16% from 3Q 2021). Net loss: €21.7m (down 112% from profit in 3Q 2021). Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 04Klöckner & Co SE to Report Q3, 2023 Results on Oct 31, 2023Klöckner & Co SE announced that they will report Q3, 2023 results on Oct 31, 2023
Price Target Changed • Oct 12Price target decreased to €10.62Down from €12.12, the current price target is an average from 6 analysts. New target price is 48% above last closing price of €7.15. Stock is down 38% over the past year. The company is forecast to post earnings per share of €2.76 for next year compared to €6.21 last year.
Price Target Changed • Aug 13Price target decreased to €12.12Down from €13.03, the current price target is an average from 6 analysts. New target price is 31% above last closing price of €9.27. Stock is down 26% over the past year. The company is forecast to post earnings per share of €2.84 for next year compared to €6.21 last year.
Reported Earnings • Aug 04Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: €1.50 (down from €2.13 in 2Q 2021). Revenue: €2.59b (up 40% from 2Q 2021). Net income: €149.1m (down 30% from 2Q 2021). Profit margin: 5.8% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Over the next year, revenue is expected to shrink by 1.4% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 21Price target decreased to €13.03Down from €14.08, the current price target is an average from 6 analysts. New target price is 48% above last closing price of €8.84. Stock is down 23% over the past year. The company is forecast to post earnings per share of €2.94 for next year compared to €6.21 last year.
Buying Opportunity • Jun 11Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €12.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 8.9% in 2 years. Earnings is forecast to decline by 88% in the next 2 years.
Upcoming Dividend • May 26Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 07 June 2022. Trailing yield: 8.7%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%).
Reported Earnings • May 05First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €1.68 (up from €0.85 in 1Q 2021). Revenue: €2.50b (up 64% from 1Q 2021). Net income: €168.0m (up 98% from 1Q 2021). Profit margin: 6.7% (up from 5.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Over the next year, revenue is expected to shrink by 6.0% compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 11Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €6.21 (up from €1.16 loss in FY 2020). Revenue: €7.44b (up 45% from FY 2020). Net income: €619.0m (up €734.9m from FY 2020). Profit margin: 8.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Over the next year, revenue is expected to shrink by 4.5% compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to €12.59, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 115% over the past three years.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS €1.86 (vs €0.05 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €2.04b (up 60% from 3Q 2020). Net income: €185.3m (up €190.5m from 3Q 2020). Profit margin: 9.1% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to €12.06, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 21x in the Trade Distributors industry in Europe. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.90 per share.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €9.57, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 19x in the Trade Distributors industry in Europe. Total returns to shareholders of 3.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.10 per share.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS €2.13 (vs €1.11 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €1.85b (up 58% from 2Q 2020). Net income: €212.4m (up €323.3m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 07Price target increased to €13.11Up from €12.07, the current price target is an average from 7 analysts. New target price is 21% above last closing price of €10.84. Stock is up 129% over the past year.
Executive Departure • May 14Chairman of Management Board & CEO Gisbert Rühl has left the companyOn the 12th of May, Gisbert Rühl's tenure as Chairman of Management Board & CEO of the company ended after 11.5 years in the role. We don't have any record of a personal shareholding under Gisbert's name. Gisbert is the only executive to leave the company over the last 12 months. Under Gisbert's leadership, the company delivered a total shareholder return of -5.3%.
Reported Earnings • May 01First quarter 2021 earnings released: EPS €0.85 (vs €0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.53b (up 5.4% from 1Q 2020). Net income: €85.0m (up €106.2m from 1Q 2020). Profit margin: 5.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 20Price target increased to €11.50Up from €10.27, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €11.33. Stock is up 214% over the past year.
Price Target Changed • Mar 30Price target increased to €10.27Up from €8.80, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €10.35. Stock is up 206% over the past year.
Reported Earnings • Mar 11Full year 2020 earnings released: €1.16 loss per share (vs €0.56 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €5.13b (down 19% from FY 2019). Net loss: €115.9m (loss widened 106% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Mar 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 14%, compared to a 4.8% growth forecast for the Trade Distributors industry in Germany.
Is New 90 Day High Low • Feb 14New 90-day high: €8.68The company is up 51% from its price of €5.73 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.19 per share.
Price Target Changed • Feb 12Price target raised to €8.56Up from €7.74, the current price target is an average from 6 analysts. The new target price is close to the current share price of €8.25. As of last close, the stock is up 29% over the past year.
Is New 90 Day High Low • Dec 05New 90-day high: €7.68The company is up 55% from its price of €4.96 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 Trade Distributors industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.05 per share.
Price Target Changed • Nov 30Price target raised to €7.36Up from €6.57, the current price target is an average from 7 analysts. The new target price is close to the current share price of €7.21. As of last close, the stock is up 24% over the past year.
Is New 90 Day High Low • Nov 16New 90-day high: €6.03The company is up 7.0% from its price of €5.61 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.10 per share.
Reported Earnings • Nov 05Third quarter 2020 earnings released: €0.05 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: €1.28b (down 18% from 3Q 2019). Net loss: €5.12m (loss narrowed 78% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 112% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 05Revenue and earnings miss expectationsRevenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 10% while the growth in Trade Distributors industry in Germany is expected to stay flat.