View ValuationYellow Pages 将来の成長Future 基準チェック /06 Yellow Pagesの収益は年間7.3%減少すると予測されています。主要情報n/a収益成長率n/aEPS成長率Interactive Media and Services 収益成長29.8%収益成長率-7.3%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日14 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesUpcoming Dividend • May 20Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.3%).お知らせ • May 15Yellow Pages Limited Declares A Cash Dividend, Payable on June 15, 2026Yellow Pages Limited declared a dividend of $0.25 per common share, to be paid on June 15, 2026 to shareholders of record as of May 25, 2026.お知らせ • May 14Yellow Pages Limited to Report Q1, 2026 Results on May 14, 2026Yellow Pages Limited announced that they will report Q1, 2026 results on May 14, 2026お知らせ • Apr 07Yellow Pages Limited (TSX:Y) announces an Equity Buyback for 2,037,489 shares, for CAD 25 million.Yellow Pages Limited (TSX:Y) announces a share repurchase program. Under the program, the company will repurchase up to 2,037,489 common shares for CAD 25 million. The shares will be repurchased at a price of CAD 12.27 per share, which represents the volume weighted average price for the five consecutive trading days ending the trading day immediately prior to April 7, 2026.お知らせ • Feb 19Yellow Pages Limited, Annual General Meeting, May 14, 2026Yellow Pages Limited, Annual General Meeting, May 14, 2026.お知らせ • Feb 12Yellow Pages Limited Declares Quarterly Dividend, Payable on March 16, 2026Yellow Pages Limited declared Quarterly dividend of $0.25 per common share, to be paid on March 16, 2026 to shareholders of record as of February 25, 2026.お知らせ • Jan 24Yellow Pages Limited to Report Q4, 2025 Results on Feb 12, 2026Yellow Pages Limited announced that they will report Q4, 2025 results on Feb 12, 2026お知らせ • Nov 13Yellow Pages Limited Declares Quarterly Dividend, Payable on December 15, 2025The Board of Yellow Pages Limited has declared a dividend of $0.25 per common share, to be paid on December 15, 2025 to shareholders of record as of November 26, 2025.お知らせ • Aug 08Yellow Pages Limited Declares Quarterly Dividend, Payable on September 15, 2025The Board of Yellow Pages Limited declared a dividend of $0.25 per common share, to be paid on September 15, 2025 to shareholders of record as of August 25, 2025.お知らせ • May 16Yellow Pages Limited Declares Quarterly Dividend, Payable on June 16, 2025Yellow Pages Limited declared a dividend of $0.25 per common share, to be paid on June 16, 2025 to shareholders of record as of May 27, 2025.お知らせ • Apr 12+ 2 more updatesYellow Pages Limited Announces Management ChangesYellow Pages Limited announced that David A. Eckert, Chief Executive Officer, will retire on July 15, 2025, on the expiry of his existing employment agreement. Sherilyn King has been appointed President and to the Company's Board of Directors effective on April 11, 2025 and will become President and Chief Executive Officer upon Mr. Eckert's retirement.お知らせ • Mar 07+ 1 more updateYellow Pages Limited Announces CEO Changes, Effective July 15, 2025Yellow Pages Limited announced that David A. Eckert, Chief Executive Officer, will retire on July 15, 2025, on the expiry of his existing employment agreement. Sherilyn King will become Chief Executive Officer upon Mr. Eckert's retirement. Sherilyn King's successful leadership of Sales, Marketing, and Customer Service groups has led to great progress in 'bending the revenue curve' and its march toward revenue stability. In addition, now 'SK' will be able to participate more directly in the strategic and operational leadership of the Company. The company congratulate SK on her impressive career journey to date at YP, from Sales Administration Clerk in 1996 to President and CEO in 2025, and look forward to her continued success in driving toward revenue stability.お知らせ • Feb 18Yellow Pages Limited, Annual General Meeting, May 14, 2025Yellow Pages Limited, Annual General Meeting, May 14, 2025.お知らせ • Feb 13Yellow Pages Limited Declares Quarterly Dividend, Payable on March 17, 2025Yellow Pages Limited announced that Board has Quarterly declared a dividend of $0.25 per common share, to be paid on March 17, 2025 to shareholders of record as of February 26, 2025.お知らせ • Jan 20Yellow Pages Limited to Report Q4, 2024 Results on Feb 13, 2025Yellow Pages Limited announced that they will report Q4, 2024 results on Feb 13, 2025Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: CA$0.46 (vs CA$0.57 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.46 (down from CA$0.57 in 3Q 2023). Revenue: CA$52.6m (down 9.4% from 3Q 2023). Net income: CA$6.27m (down 38% from 3Q 2023). Profit margin: 12% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.2%. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Nov 13+ 1 more updateYellow Pages Limited Declares Quarterly Cash Dividend, Payable on December 16, 2024The board of Yellow Pages Limited has declared a quarterly cash dividend of $0.25 per common share, to be paid on December 16, 2024 to shareholders of record as of November 27, 2024.Declared Dividend • Aug 11Second quarter dividend of CA$0.25 announcedShareholders will receive a dividend of CA$0.25. Ex-date: 26th August 2024 Payment date: 16th September 2024 Dividend yield will be 12%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 23% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.8% EPS decline seen over the last 5 years.New Risk • Aug 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (17% net profit margin). Market cap is less than US$100m (€86.6m market cap, or US$94.6m).Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: CA$0.56 (vs CA$0.72 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.56 (down from CA$0.72 in 2Q 2023). Revenue: CA$55.8m (down 11% from 2Q 2023). Net income: CA$7.63m (down 40% from 2Q 2023). Profit margin: 14% (down from 20% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.6%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Aug 01Yellow Pages Limited to Report Q2, 2024 Results on Aug 07, 2024Yellow Pages Limited announced that they will report Q2, 2024 results on Aug 07, 2024Declared Dividend • May 20First quarter dividend of CA$0.25 announcedShareholders will receive a dividend of CA$0.25. Ex-date: 28th May 2024 Payment date: 17th June 2024 Dividend yield will be 11%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.8% EPS decline seen over the last 5 years.お知らせ • May 11Yellow Pages Limited Announces Board ChangesYellow Pages Limited announced the changes to its board of directors. During its meeting immediately following the AGM, the Board named Susan Kudzman Chair Emerita and appointed her Chair of the Audit Committee of the Corporation. It also appointed Rob Hall, who previously served as Chair of the Audit Committee of the Corporation, as Chair of the Board, with immediate effect.Reported Earnings • May 09First quarter 2024 earnings released: EPS: CA$0.62 (vs CA$0.70 in 1Q 2023)First quarter 2024 results: EPS: CA$0.62 (down from CA$0.70 in 1Q 2023). Revenue: CA$55.0m (down 12% from 1Q 2023). Net income: CA$8.40m (down 32% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.8%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • Mar 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.3m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.4% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€92.3m market cap, or US$99.8m).お知らせ • Feb 21Yellow Pages Limited, Annual General Meeting, May 09, 2024Yellow Pages Limited, Annual General Meeting, May 09, 2024.Declared Dividend • Feb 19Fourth quarter dividend of CA$0.25 announcedShareholders will receive a dividend of CA$0.25. Ex-date: 26th February 2024 Payment date: 15th March 2024 Dividend yield will be 9.5%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 23% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 1.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 15Full year 2023 earnings released: EPS: CA$2.70 (vs CA$3.10 in FY 2022)Full year 2023 results: EPS: CA$2.70 (down from CA$3.10 in FY 2022). Revenue: CA$239.4m (down 11% from FY 2022). Net income: CA$47.4m (down 36% from FY 2022). Profit margin: 20% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 10.0%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Feb 14Yellow Pages Limited Declares Dividend, Payable on March 15, 2024Yellow Pages Limited announced that it has declared a dividend of $0.25 per common share, to be paid on March 15, 2024 to shareholders of record as of February 27, 2024.お知らせ • Dec 31Yellow Pages Limited Announces Changes to its Board of DirectorsYellow Pages Limited announced the appointment of Treena Cooper to its board of directors, effective January 1, 2024. Ms. Cooper brings a wealth of experience to the Board. She has over 20 years of legal experience, with expertise in the areas of corporate and commercial law, mergers and acquisitions, corporate governance, intellectual property, and labour and employment law. Ms. Cooper currently serves as Vice-President, Legal and General Counsel at IPEX and has held this role since 2023. Prior to joining IPEX, Ms. Cooper held progressively senior positions at Yellow Pages between 2008 and 2023, including her most recent role as Senior Vice-President, General Counsel and Secretary. Treena holds an LLB from the University of Ottawa and was called to the Bar in 2001 and 2004 in Ontario and Quebec, respectively. Treena replaces Paul W. Russo, who is stepping off the Board effective December 31, 2023.Upcoming Dividend • Nov 16Upcoming dividend of CA$0.20 per share at 7.2% yieldEligible shareholders must have bought the stock before 23 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.8%).お知らせ • Nov 10Yellow Pages Limited Declares Dividend, Payable on December 15, 2023Yellow Pages Limited announced that Board has declared a dividend of $0.20 per common share, to be paid on December 15, 2023 to shareholders of record as of November 24, 2023.Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: CA$0.086 (vs CA$0.66 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.086 (down from CA$0.66 in 3Q 2022). Revenue: CA$58.1m (down 12% from 3Q 2022). Net income: CA$10.1m (down 40% from 3Q 2022). Profit margin: 17% (down from 25% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.9% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 10.0%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Nov 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €105k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (236% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€105k sold).お知らせ • Oct 20Yellow Pages Limited (TSX:Y) announces an Equity Buyback for 4,440,497 shares, for CAD 50 million.Yellow Pages Limited (TSX:Y) announces a share repurchase program. Under the program, the company will repurchase up to 4,440,497 common shares for CAD 50 million. The shares will be repurchased at a price of CAD 11.26 per share, which represents the volume weighted average price for the five consecutive trading days ending the trading day immediately prior to October 19, 2023.Upcoming Dividend • Aug 17Upcoming dividend of CA$0.20 per share at 6.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.9%).お知らせ • Aug 10Yellow Pages Limited Declares Dividend, Payable on September 15, 2023The board of Yellow Pages Limited has declared a dividend of $0.20 per common share, to be paid on September 15, 2023 to shareholders of record as of August 25, 2023.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: CA$0.72 (vs CA$0.50 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.72 (up from CA$0.50 in 2Q 2022). Revenue: CA$62.7m (down 9.8% from 2Q 2022). Net income: CA$12.7m (flat on 2Q 2022). Profit margin: 20% (up from 18% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 5.1% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Germany are expected to grow by 8.8%. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.Upcoming Dividend • May 17Upcoming dividend of CA$0.20 per share at 6.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).Reported Earnings • May 12First quarter 2023 earnings released: EPS: CA$0.70 (vs CA$0.56 in 1Q 2022)First quarter 2023 results: EPS: CA$0.70. Revenue: CA$62.7m (down 7.5% from 1Q 2022). Net income: CA$12.4m (down 15% from 1Q 2022). Profit margin: 20% (down from 22% in 1Q 2022). The decrease in margin was driven by lower revenue.お知らせ • May 12Yellow Pages Limited Declares Cash Dividend, Payable on June 15, 2023Board of Yellow Pages Limited has declared a dividend of $0.20 per common share, to be paid on June 15, 2023 to shareholders of record as of May 25, 2023.お知らせ • Feb 16Yellow Pages Limited Declares Cash Dividend, Payable on March 15, 2023Yellow Pages Limited declared Board has declared a dividend of $0.15 per common share, to be paid on March 15, 2023 to shareholders of record as of February 24, 2023.Reported Earnings • Feb 16Full year 2022 earnings released: EPS: CA$3.10 (vs CA$2.68 in FY 2021)Full year 2022 results: EPS: CA$3.10 (up from CA$2.68 in FY 2021). Revenue: CA$268.3m (down 6.7% from FY 2021). Net income: CA$73.4m (up 4.0% from FY 2021). Profit margin: 27% (up from 25% in FY 2021). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.3% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.9%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Recent Insider Transactions • Feb 13Insider recently sold €363k worth of stockOn the 10th of February, Steven Tananbaum sold around 37k shares on-market at roughly €9.91 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €506k more than they bought in the last 12 months.Upcoming Dividend • Nov 16Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 23 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.9%).Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Paul Russo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: CA$0.66 (vs CA$0.52 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.66 (up from CA$0.52 in 3Q 2021). Revenue: CA$66.3m (down 6.5% from 3Q 2021). Net income: CA$16.7m (up 21% from 3Q 2021). Profit margin: 25% (up from 19% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 17Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: CA$0.50 (vs CA$0.23 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.50 (up from CA$0.23 in 2Q 2021). Revenue: CA$69.6m (down 6.7% from 2Q 2021). Net income: CA$12.7m (up 111% from 2Q 2021). Profit margin: 18% (up from 8.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 7.2% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • May 12First quarter 2022 earnings released: EPS: CA$0.56 (vs CA$0.46 in 1Q 2021)First quarter 2022 results: EPS: CA$0.56 (up from CA$0.46 in 1Q 2021). Revenue: CA$67.8m (down 7.8% from 1Q 2021). Net income: CA$14.6m (up 21% from 1Q 2021). Profit margin: 22% (up from 17% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 9.4% compared to a 24% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Paul Russo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Feb 17Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 24 February 2022. Payment date: 15 March 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CA$2.68 (up from CA$2.27 in FY 2020). Revenue: CA$287.6m (down 14% from FY 2020). Net income: CA$70.6m (up 17% from FY 2020). Profit margin: 25% (up from 18% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 13% compared to a 36% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.Buying Opportunity • Feb 05Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CA$12.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% per annum over the last 3 years. The company has become profitable over the last 3 years.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS CA$0.52 (vs CA$0.34 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CA$70.9m (down 12% from 3Q 2020). Net income: CA$13.7m (up 52% from 3Q 2020). Profit margin: 19% (up from 11% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 17Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 15 September 2021. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CA$0.23 (vs CA$0.83 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$74.6m (down 16% from 2Q 2020). Net income: CA$6.02m (down 73% from 2Q 2020). Profit margin: 8.1% (down from 25% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jun 13Senior VP & CFO recently sold €77k worth of stockOn the 10th of June, Franco Sciannamblo sold around 8k shares on-market at roughly €10.09 per share. This was the largest sale by an insider in the last 3 months. This was Franco's only on-market trade for the last 12 months.Reported Earnings • May 18First quarter 2021 earnings released: EPS CA$0.46 (vs CA$0.47 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: CA$73.5m (down 17% from 1Q 2020). Net income: CA$12.1m (down 2.2% from 1Q 2020). Profit margin: 17% (up from 14% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 13Full year 2020 earnings released: EPS CA$2.27 (vs CA$3.57 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$333.5m (down 17% from FY 2019). Net income: CA$60.3m (down 36% from FY 2019). Profit margin: 18% (down from 24% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 13Revenue misses expectationsRevenue missed analyst estimates by 0.3%. Over the next year, revenue is expected to shrink by 15% compared to a 35% growth forecast for the Interactive Media and Services industry in Germany.Is New 90 Day High Low • Feb 13New 90-day low: €7.65The company is down 4.0% from its price of €7.95 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.60 per share.お知らせ • Feb 02Yellow Pages Limited to Report Q4, 2020 Results on Feb 11, 2021Yellow Pages Limited announced that they will report Q4, 2020 results on Feb 11, 2021Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS CA$0.34The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$80.3m (down 18% from 3Q 2019). Net income: CA$9.04m (down 35% from 3Q 2019). Profit margin: 11% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Nov 13Revenue misses expectationsRevenue missed analyst estimates by 2.1%. Over the next year, revenue is expected to shrink by 15% compared to a 33% growth forecast for the Interactive Media and Services industry in Germany.Is New 90 Day High Low • Nov 09New 90-day high: €8.15The company is up 26% from its price of €6.45 on 11 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 Interactive Media and Services industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.95 per share.お知らせ • Nov 05Yellow Pages Limited to Report Q3, 2020 Results on Nov 12, 2020Yellow Pages Limited announced that they will report Q3, 2020 results at 8:30 AM, US Eastern Standard Time on Nov 12, 2020Is New 90 Day High Low • Oct 13New 90-day high: €7.55The company is up 36% from its price of €5.55 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.61 per share.お知らせ • Sep 25+ 1 more updateYellow Media Inc. (TSX:YLO) completed the acquisition of Canpages, Inc. from HM Capital Partners LLC, and other investors.CareInsite, Inc. (NASDAQ: CARI) and Blue Cross Blue Shield of Massachusetts (BCBSMA) have entered into an agreement, pursuent to which, CareInsite will purchase BCBSMA's Provider Technology Group (PTG) for $26,500,000 in cash and 651,968 shares of the Company's common stock. Pursuant to the asset purchase agreement, if BCBSMA does not realize at least $22,500,068 in proceeds from the sale of half i.e 325,984 of the common shares issued, CareInsite has agreed to pay BCBSMA an amount equal to such shortfall in cash. Accordingly, the fair value of 325,984 of the common shares issued was $69.022. The fair value of the remaining 325,984 shares of common stock, as determined by management was $40.646 per share. The Acquisition will be accounted for using the purchase method of accounting. Weil, Gotshal & Manges LLP acted as legal advisor to HM Capital Partners LLC. Scotia Capital Inc. acted as financial advisor to Yellow Pages Limited (TSX:Y). TD Securities Inc. acted as financial advisor to Yellow Pages Limited (TSX:Y). Norton Rose Fulbright Canada LLP acted as legal advisor to Yellow Pages Limited (TSX:Y). Stikeman Elliott LLP acted as legal advisor to Yellow Pages Limited (TSX:Y). Blake, Cassels & Graydon LLP acted as legal advisor to Yellow Pages Limited (TSX:Y). Davies Ward Phillips & Vineberg LLP acted as legal advisor to Canpages, Inc. Signal Hill Capital Group LLC acted as financial advisor to Canpages, Inc. Yellow Media Inc. (TSX:YLO) completed the acquisition of Canpages, Inc. from HM Capital Partners LLC, and other investors on May 25, 2010. The purchase price consideration of CAD 226.4 million for the acquisition of Canpages was comprised of CAD 84.8 million payable in cash to settle third party debt obligations and the issuance of CAD 141.6 million of mandatory exchangeable promissory notes of Yellow Media Inc. Both companies will continue to operate separately. The acquired business is included in the Directories segment. The acquisition of Canpages is expected to be accretive to Yellow Media's financial performance.業績と収益の成長予測DB:YMI - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2027171N/A17N/A112/31/2026184N/A13N/A13/31/202619517N/AN/AN/A12/31/2025199183435N/A9/30/2025202133032N/A6/30/2025207153435N/A3/31/2025211223537N/A12/31/2024215253739N/A9/30/2024219343437N/A6/30/2024225383336N/A3/31/2024232433842N/A12/31/2023239474347N/A9/30/2023248653539N/A6/30/2023256714550N/A3/31/2023263715055N/A12/31/2022268734450N/A9/30/2022272837479N/A6/30/2022277807783N/A3/31/2022282738186N/A12/31/202128871100105N/A9/30/202129649106111N/A6/30/202130544114119N/A3/31/202131960117122N/A12/31/202033460121127N/A9/30/202035097118124N/A6/30/2020368102134141N/A3/31/202038794130138N/A12/31/201940395N/A145N/A9/30/201943481N/A155N/A6/30/201946694N/A140N/A3/31/201952396N/A137N/A12/31/201857783N/A135N/A9/30/2018631-542N/A117N/A6/30/2018677-576N/A119N/A3/31/2018707-590N/A132N/A12/31/2017728-594N/A117N/A9/30/2017752-441N/A120N/A6/30/2017778-431N/A156N/A3/31/2017795-422N/A150N/A12/31/2016818-404N/A158N/A9/30/201682434N/A173N/A6/30/201683343N/A154N/A3/31/201682749N/A159N/A12/31/201583061N/A198N/A9/30/2015837150N/A186N/A6/30/2015844164N/A189N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: YMIの予測収益成長が 貯蓄率 ( 1.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: YMIの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: YMIの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: YMIの収益は今後 3 年間で減少すると予想されています (年間-7.3% )。高い収益成長: YMIの収益は今後 3 年間で減少すると予測されています (年間-7.3% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: YMIの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 03:06終値2026/05/22 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Yellow Pages Limited 1 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。11 アナリスト機関David McFadgenATB Cormark Historical (Cormark Securities)Vahan AjamianBeacon Securities LimitedTim CaseyBMO Capital Markets Equity Research8 その他のアナリストを表示
Upcoming Dividend • May 20Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.3%).
お知らせ • May 15Yellow Pages Limited Declares A Cash Dividend, Payable on June 15, 2026Yellow Pages Limited declared a dividend of $0.25 per common share, to be paid on June 15, 2026 to shareholders of record as of May 25, 2026.
お知らせ • May 14Yellow Pages Limited to Report Q1, 2026 Results on May 14, 2026Yellow Pages Limited announced that they will report Q1, 2026 results on May 14, 2026
お知らせ • Apr 07Yellow Pages Limited (TSX:Y) announces an Equity Buyback for 2,037,489 shares, for CAD 25 million.Yellow Pages Limited (TSX:Y) announces a share repurchase program. Under the program, the company will repurchase up to 2,037,489 common shares for CAD 25 million. The shares will be repurchased at a price of CAD 12.27 per share, which represents the volume weighted average price for the five consecutive trading days ending the trading day immediately prior to April 7, 2026.
お知らせ • Feb 19Yellow Pages Limited, Annual General Meeting, May 14, 2026Yellow Pages Limited, Annual General Meeting, May 14, 2026.
お知らせ • Feb 12Yellow Pages Limited Declares Quarterly Dividend, Payable on March 16, 2026Yellow Pages Limited declared Quarterly dividend of $0.25 per common share, to be paid on March 16, 2026 to shareholders of record as of February 25, 2026.
お知らせ • Jan 24Yellow Pages Limited to Report Q4, 2025 Results on Feb 12, 2026Yellow Pages Limited announced that they will report Q4, 2025 results on Feb 12, 2026
お知らせ • Nov 13Yellow Pages Limited Declares Quarterly Dividend, Payable on December 15, 2025The Board of Yellow Pages Limited has declared a dividend of $0.25 per common share, to be paid on December 15, 2025 to shareholders of record as of November 26, 2025.
お知らせ • Aug 08Yellow Pages Limited Declares Quarterly Dividend, Payable on September 15, 2025The Board of Yellow Pages Limited declared a dividend of $0.25 per common share, to be paid on September 15, 2025 to shareholders of record as of August 25, 2025.
お知らせ • May 16Yellow Pages Limited Declares Quarterly Dividend, Payable on June 16, 2025Yellow Pages Limited declared a dividend of $0.25 per common share, to be paid on June 16, 2025 to shareholders of record as of May 27, 2025.
お知らせ • Apr 12+ 2 more updatesYellow Pages Limited Announces Management ChangesYellow Pages Limited announced that David A. Eckert, Chief Executive Officer, will retire on July 15, 2025, on the expiry of his existing employment agreement. Sherilyn King has been appointed President and to the Company's Board of Directors effective on April 11, 2025 and will become President and Chief Executive Officer upon Mr. Eckert's retirement.
お知らせ • Mar 07+ 1 more updateYellow Pages Limited Announces CEO Changes, Effective July 15, 2025Yellow Pages Limited announced that David A. Eckert, Chief Executive Officer, will retire on July 15, 2025, on the expiry of his existing employment agreement. Sherilyn King will become Chief Executive Officer upon Mr. Eckert's retirement. Sherilyn King's successful leadership of Sales, Marketing, and Customer Service groups has led to great progress in 'bending the revenue curve' and its march toward revenue stability. In addition, now 'SK' will be able to participate more directly in the strategic and operational leadership of the Company. The company congratulate SK on her impressive career journey to date at YP, from Sales Administration Clerk in 1996 to President and CEO in 2025, and look forward to her continued success in driving toward revenue stability.
お知らせ • Feb 18Yellow Pages Limited, Annual General Meeting, May 14, 2025Yellow Pages Limited, Annual General Meeting, May 14, 2025.
お知らせ • Feb 13Yellow Pages Limited Declares Quarterly Dividend, Payable on March 17, 2025Yellow Pages Limited announced that Board has Quarterly declared a dividend of $0.25 per common share, to be paid on March 17, 2025 to shareholders of record as of February 26, 2025.
お知らせ • Jan 20Yellow Pages Limited to Report Q4, 2024 Results on Feb 13, 2025Yellow Pages Limited announced that they will report Q4, 2024 results on Feb 13, 2025
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: CA$0.46 (vs CA$0.57 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.46 (down from CA$0.57 in 3Q 2023). Revenue: CA$52.6m (down 9.4% from 3Q 2023). Net income: CA$6.27m (down 38% from 3Q 2023). Profit margin: 12% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.2%. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Nov 13+ 1 more updateYellow Pages Limited Declares Quarterly Cash Dividend, Payable on December 16, 2024The board of Yellow Pages Limited has declared a quarterly cash dividend of $0.25 per common share, to be paid on December 16, 2024 to shareholders of record as of November 27, 2024.
Declared Dividend • Aug 11Second quarter dividend of CA$0.25 announcedShareholders will receive a dividend of CA$0.25. Ex-date: 26th August 2024 Payment date: 16th September 2024 Dividend yield will be 12%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 23% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.8% EPS decline seen over the last 5 years.
New Risk • Aug 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (17% net profit margin). Market cap is less than US$100m (€86.6m market cap, or US$94.6m).
Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: CA$0.56 (vs CA$0.72 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.56 (down from CA$0.72 in 2Q 2023). Revenue: CA$55.8m (down 11% from 2Q 2023). Net income: CA$7.63m (down 40% from 2Q 2023). Profit margin: 14% (down from 20% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.6%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Aug 01Yellow Pages Limited to Report Q2, 2024 Results on Aug 07, 2024Yellow Pages Limited announced that they will report Q2, 2024 results on Aug 07, 2024
Declared Dividend • May 20First quarter dividend of CA$0.25 announcedShareholders will receive a dividend of CA$0.25. Ex-date: 28th May 2024 Payment date: 17th June 2024 Dividend yield will be 11%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.8% EPS decline seen over the last 5 years.
お知らせ • May 11Yellow Pages Limited Announces Board ChangesYellow Pages Limited announced the changes to its board of directors. During its meeting immediately following the AGM, the Board named Susan Kudzman Chair Emerita and appointed her Chair of the Audit Committee of the Corporation. It also appointed Rob Hall, who previously served as Chair of the Audit Committee of the Corporation, as Chair of the Board, with immediate effect.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: CA$0.62 (vs CA$0.70 in 1Q 2023)First quarter 2024 results: EPS: CA$0.62 (down from CA$0.70 in 1Q 2023). Revenue: CA$55.0m (down 12% from 1Q 2023). Net income: CA$8.40m (down 32% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.8%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • Mar 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.3m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.4% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€92.3m market cap, or US$99.8m).
お知らせ • Feb 21Yellow Pages Limited, Annual General Meeting, May 09, 2024Yellow Pages Limited, Annual General Meeting, May 09, 2024.
Declared Dividend • Feb 19Fourth quarter dividend of CA$0.25 announcedShareholders will receive a dividend of CA$0.25. Ex-date: 26th February 2024 Payment date: 15th March 2024 Dividend yield will be 9.5%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 23% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 1.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 15Full year 2023 earnings released: EPS: CA$2.70 (vs CA$3.10 in FY 2022)Full year 2023 results: EPS: CA$2.70 (down from CA$3.10 in FY 2022). Revenue: CA$239.4m (down 11% from FY 2022). Net income: CA$47.4m (down 36% from FY 2022). Profit margin: 20% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 10.0%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Feb 14Yellow Pages Limited Declares Dividend, Payable on March 15, 2024Yellow Pages Limited announced that it has declared a dividend of $0.25 per common share, to be paid on March 15, 2024 to shareholders of record as of February 27, 2024.
お知らせ • Dec 31Yellow Pages Limited Announces Changes to its Board of DirectorsYellow Pages Limited announced the appointment of Treena Cooper to its board of directors, effective January 1, 2024. Ms. Cooper brings a wealth of experience to the Board. She has over 20 years of legal experience, with expertise in the areas of corporate and commercial law, mergers and acquisitions, corporate governance, intellectual property, and labour and employment law. Ms. Cooper currently serves as Vice-President, Legal and General Counsel at IPEX and has held this role since 2023. Prior to joining IPEX, Ms. Cooper held progressively senior positions at Yellow Pages between 2008 and 2023, including her most recent role as Senior Vice-President, General Counsel and Secretary. Treena holds an LLB from the University of Ottawa and was called to the Bar in 2001 and 2004 in Ontario and Quebec, respectively. Treena replaces Paul W. Russo, who is stepping off the Board effective December 31, 2023.
Upcoming Dividend • Nov 16Upcoming dividend of CA$0.20 per share at 7.2% yieldEligible shareholders must have bought the stock before 23 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.8%).
お知らせ • Nov 10Yellow Pages Limited Declares Dividend, Payable on December 15, 2023Yellow Pages Limited announced that Board has declared a dividend of $0.20 per common share, to be paid on December 15, 2023 to shareholders of record as of November 24, 2023.
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: CA$0.086 (vs CA$0.66 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.086 (down from CA$0.66 in 3Q 2022). Revenue: CA$58.1m (down 12% from 3Q 2022). Net income: CA$10.1m (down 40% from 3Q 2022). Profit margin: 17% (down from 25% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.9% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 10.0%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Nov 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €105k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (236% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€105k sold).
お知らせ • Oct 20Yellow Pages Limited (TSX:Y) announces an Equity Buyback for 4,440,497 shares, for CAD 50 million.Yellow Pages Limited (TSX:Y) announces a share repurchase program. Under the program, the company will repurchase up to 4,440,497 common shares for CAD 50 million. The shares will be repurchased at a price of CAD 11.26 per share, which represents the volume weighted average price for the five consecutive trading days ending the trading day immediately prior to October 19, 2023.
Upcoming Dividend • Aug 17Upcoming dividend of CA$0.20 per share at 6.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.9%).
お知らせ • Aug 10Yellow Pages Limited Declares Dividend, Payable on September 15, 2023The board of Yellow Pages Limited has declared a dividend of $0.20 per common share, to be paid on September 15, 2023 to shareholders of record as of August 25, 2023.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: CA$0.72 (vs CA$0.50 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.72 (up from CA$0.50 in 2Q 2022). Revenue: CA$62.7m (down 9.8% from 2Q 2022). Net income: CA$12.7m (flat on 2Q 2022). Profit margin: 20% (up from 18% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 5.1% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Germany are expected to grow by 8.8%. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
Upcoming Dividend • May 17Upcoming dividend of CA$0.20 per share at 6.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).
Reported Earnings • May 12First quarter 2023 earnings released: EPS: CA$0.70 (vs CA$0.56 in 1Q 2022)First quarter 2023 results: EPS: CA$0.70. Revenue: CA$62.7m (down 7.5% from 1Q 2022). Net income: CA$12.4m (down 15% from 1Q 2022). Profit margin: 20% (down from 22% in 1Q 2022). The decrease in margin was driven by lower revenue.
お知らせ • May 12Yellow Pages Limited Declares Cash Dividend, Payable on June 15, 2023Board of Yellow Pages Limited has declared a dividend of $0.20 per common share, to be paid on June 15, 2023 to shareholders of record as of May 25, 2023.
お知らせ • Feb 16Yellow Pages Limited Declares Cash Dividend, Payable on March 15, 2023Yellow Pages Limited declared Board has declared a dividend of $0.15 per common share, to be paid on March 15, 2023 to shareholders of record as of February 24, 2023.
Reported Earnings • Feb 16Full year 2022 earnings released: EPS: CA$3.10 (vs CA$2.68 in FY 2021)Full year 2022 results: EPS: CA$3.10 (up from CA$2.68 in FY 2021). Revenue: CA$268.3m (down 6.7% from FY 2021). Net income: CA$73.4m (up 4.0% from FY 2021). Profit margin: 27% (up from 25% in FY 2021). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.3% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.9%. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Feb 13Insider recently sold €363k worth of stockOn the 10th of February, Steven Tananbaum sold around 37k shares on-market at roughly €9.91 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €506k more than they bought in the last 12 months.
Upcoming Dividend • Nov 16Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 23 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.9%).
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Paul Russo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: CA$0.66 (vs CA$0.52 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.66 (up from CA$0.52 in 3Q 2021). Revenue: CA$66.3m (down 6.5% from 3Q 2021). Net income: CA$16.7m (up 21% from 3Q 2021). Profit margin: 25% (up from 19% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 17Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: CA$0.50 (vs CA$0.23 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.50 (up from CA$0.23 in 2Q 2021). Revenue: CA$69.6m (down 6.7% from 2Q 2021). Net income: CA$12.7m (up 111% from 2Q 2021). Profit margin: 18% (up from 8.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 7.2% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • May 12First quarter 2022 earnings released: EPS: CA$0.56 (vs CA$0.46 in 1Q 2021)First quarter 2022 results: EPS: CA$0.56 (up from CA$0.46 in 1Q 2021). Revenue: CA$67.8m (down 7.8% from 1Q 2021). Net income: CA$14.6m (up 21% from 1Q 2021). Profit margin: 22% (up from 17% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 9.4% compared to a 24% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Paul Russo was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Feb 17Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 24 February 2022. Payment date: 15 March 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CA$2.68 (up from CA$2.27 in FY 2020). Revenue: CA$287.6m (down 14% from FY 2020). Net income: CA$70.6m (up 17% from FY 2020). Profit margin: 25% (up from 18% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 13% compared to a 36% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Buying Opportunity • Feb 05Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CA$12.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% per annum over the last 3 years. The company has become profitable over the last 3 years.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS CA$0.52 (vs CA$0.34 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CA$70.9m (down 12% from 3Q 2020). Net income: CA$13.7m (up 52% from 3Q 2020). Profit margin: 19% (up from 11% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 17Upcoming dividend of CA$0.15 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 15 September 2021. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS CA$0.23 (vs CA$0.83 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$74.6m (down 16% from 2Q 2020). Net income: CA$6.02m (down 73% from 2Q 2020). Profit margin: 8.1% (down from 25% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jun 13Senior VP & CFO recently sold €77k worth of stockOn the 10th of June, Franco Sciannamblo sold around 8k shares on-market at roughly €10.09 per share. This was the largest sale by an insider in the last 3 months. This was Franco's only on-market trade for the last 12 months.
Reported Earnings • May 18First quarter 2021 earnings released: EPS CA$0.46 (vs CA$0.47 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: CA$73.5m (down 17% from 1Q 2020). Net income: CA$12.1m (down 2.2% from 1Q 2020). Profit margin: 17% (up from 14% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 13Full year 2020 earnings released: EPS CA$2.27 (vs CA$3.57 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$333.5m (down 17% from FY 2019). Net income: CA$60.3m (down 36% from FY 2019). Profit margin: 18% (down from 24% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 13Revenue misses expectationsRevenue missed analyst estimates by 0.3%. Over the next year, revenue is expected to shrink by 15% compared to a 35% growth forecast for the Interactive Media and Services industry in Germany.
Is New 90 Day High Low • Feb 13New 90-day low: €7.65The company is down 4.0% from its price of €7.95 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.60 per share.
お知らせ • Feb 02Yellow Pages Limited to Report Q4, 2020 Results on Feb 11, 2021Yellow Pages Limited announced that they will report Q4, 2020 results on Feb 11, 2021
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS CA$0.34The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$80.3m (down 18% from 3Q 2019). Net income: CA$9.04m (down 35% from 3Q 2019). Profit margin: 11% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue misses expectationsRevenue missed analyst estimates by 2.1%. Over the next year, revenue is expected to shrink by 15% compared to a 33% growth forecast for the Interactive Media and Services industry in Germany.
Is New 90 Day High Low • Nov 09New 90-day high: €8.15The company is up 26% from its price of €6.45 on 11 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 Interactive Media and Services industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.95 per share.
お知らせ • Nov 05Yellow Pages Limited to Report Q3, 2020 Results on Nov 12, 2020Yellow Pages Limited announced that they will report Q3, 2020 results at 8:30 AM, US Eastern Standard Time on Nov 12, 2020
Is New 90 Day High Low • Oct 13New 90-day high: €7.55The company is up 36% from its price of €5.55 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.61 per share.
お知らせ • Sep 25+ 1 more updateYellow Media Inc. (TSX:YLO) completed the acquisition of Canpages, Inc. from HM Capital Partners LLC, and other investors.CareInsite, Inc. (NASDAQ: CARI) and Blue Cross Blue Shield of Massachusetts (BCBSMA) have entered into an agreement, pursuent to which, CareInsite will purchase BCBSMA's Provider Technology Group (PTG) for $26,500,000 in cash and 651,968 shares of the Company's common stock. Pursuant to the asset purchase agreement, if BCBSMA does not realize at least $22,500,068 in proceeds from the sale of half i.e 325,984 of the common shares issued, CareInsite has agreed to pay BCBSMA an amount equal to such shortfall in cash. Accordingly, the fair value of 325,984 of the common shares issued was $69.022. The fair value of the remaining 325,984 shares of common stock, as determined by management was $40.646 per share. The Acquisition will be accounted for using the purchase method of accounting. Weil, Gotshal & Manges LLP acted as legal advisor to HM Capital Partners LLC. Scotia Capital Inc. acted as financial advisor to Yellow Pages Limited (TSX:Y). TD Securities Inc. acted as financial advisor to Yellow Pages Limited (TSX:Y). Norton Rose Fulbright Canada LLP acted as legal advisor to Yellow Pages Limited (TSX:Y). Stikeman Elliott LLP acted as legal advisor to Yellow Pages Limited (TSX:Y). Blake, Cassels & Graydon LLP acted as legal advisor to Yellow Pages Limited (TSX:Y). Davies Ward Phillips & Vineberg LLP acted as legal advisor to Canpages, Inc. Signal Hill Capital Group LLC acted as financial advisor to Canpages, Inc. Yellow Media Inc. (TSX:YLO) completed the acquisition of Canpages, Inc. from HM Capital Partners LLC, and other investors on May 25, 2010. The purchase price consideration of CAD 226.4 million for the acquisition of Canpages was comprised of CAD 84.8 million payable in cash to settle third party debt obligations and the issuance of CAD 141.6 million of mandatory exchangeable promissory notes of Yellow Media Inc. Both companies will continue to operate separately. The acquired business is included in the Directories segment. The acquisition of Canpages is expected to be accretive to Yellow Media's financial performance.