View Past PerformanceThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsUniDevice バランスシートの健全性財務の健全性 基準チェック /26UniDeviceの総株主資本は€23.5M 、総負債は€18.0Mで、負債比率は76.9%となります。総資産と総負債はそれぞれ€50.1Mと€26.7Mです。 UniDeviceの EBIT は€2.1Mで、利息カバレッジ比率2.6です。現金および短期投資は€2.5Mです。主要情報76.92%負債資本比率€18.05m負債インタレスト・カバレッジ・レシオ2.6x現金€2.50mエクイティ€23.46m負債合計€26.66m総資産€50.12m財務の健全性に関する最新情報分析記事 • Oct 21UniDevice (ETR:UDC) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Oct 31UniDevice (ETR:UDC) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jan 06UniDevice (ETR:UDC) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesNew Risk • May 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (30% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 320% Market cap is less than US$10m (€1.26m market cap, or US$1.37m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).分析記事 • Mar 29Returns On Capital At UniDevice (ETR:UDC) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...New Risk • Mar 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 25% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (25% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 320% Market cap is less than US$10m (€1.90m market cap, or US$2.05m). Minor Risk Shareholders have been diluted in the past year (4.9% increase in shares outstanding).Price Target Changed • Feb 20Price target decreased by 10% to €2.60Down from €2.90, the current price target is an average from 2 analysts. New target price is 129% above last closing price of €1.14. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.19 last year.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.18, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 37% over the past three years.分析記事 • Nov 29UniDevice's (ETR:UDC) Returns Have Hit A WallThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: €0.042 (vs €0.09 in 3Q 2022)Third quarter 2023 results: EPS: €0.042 (down from €0.09 in 3Q 2022). Revenue: €94.9m (down 33% from 3Q 2022). Net income: €546.9k (down 58% from 3Q 2022). Profit margin: 0.6% (down from 0.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.New Risk • Oct 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (€14.7m market cap, or US$15.6m).Major Estimate Revision • Jul 20Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €498.5m to €477.8m. EPS estimate also fell from €0.22 per share to €0.18 per share. Net income forecast to grow 18% next year vs 26% growth forecast for Electronic industry in Germany. Consensus price target down from €3.35 to €2.90. Share price fell 25% to €1.02 over the past week.Price Target Changed • Jul 18Price target decreased by 13% to €2.90Down from €3.35, the current price target is an average from 2 analysts. New target price is 179% above last closing price of €1.04. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of €0.18 for next year compared to €0.19 last year.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: €0.005 (vs €0.091 in 2Q 2022)Second quarter 2023 results: EPS: €0.005 (down from €0.091 in 2Q 2022). Revenue: €87.9m (down 12% from 2Q 2022). Net income: €81.0k (down 94% from 2Q 2022). Profit margin: 0.1% (down from 1.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€16.2m market cap, or US$18.2m).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €1.36, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Electronic industry in Germany. Total loss to shareholders of 25% over the past three years.Upcoming Dividend • Jul 03Upcoming dividend of €0.12 per share at 7.7% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 12 July 2023. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%).Reported Earnings • Apr 27Full year 2022 earnings released: EPS: €0.19 (vs €0.12 in FY 2021)Full year 2022 results: EPS: €0.19 (up from €0.12 in FY 2021). Revenue: €460.0m (up 32% from FY 2021). Net income: €2.90m (up 68% from FY 2021). Profit margin: 0.6% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic 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 only fallen by 3% per year, which means it has not declined as severely as earnings.Price Target Changed • Nov 16Price target increased to €3.10Up from €2.73, the current price target is provided by 1 analyst. New target price is 164% above last closing price of €1.18. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.11 last year.分析記事 • Nov 01We Think That There Are More Issues For UniDevice (ETR:UDC) Than Just Sluggish EarningsUniDevice AG's ( ETR:UDC ) recent weak earnings report didn't cause a big stock movement. We think that investors are...Major Estimate Revision • Oct 31Consensus revenue estimates increase by 35%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €314.2m to €424.6m. EPS estimate increased from €0.14 to €0.23 per share. Net income forecast to grow 158% next year vs 23% growth forecast for Electronic industry in Germany. Consensus price target up from €2.73 to €3.10. Share price was steady at €1.16 over the past week.分析記事 • Oct 28The UniDevice AG (ETR:UDC) Analyst Just Boosted Their Forecasts By A Stunning AmountShareholders in UniDevice AG ( ETR:UDC ) may be thrilled to learn that the covering analyst has just delivered a major...Reported Earnings • Oct 26Second quarter 2022 earnings released: EPS: €0.10 (vs €0.054 in 2Q 2021)Second quarter 2022 results: EPS: €0.10 (up from €0.054 in 2Q 2021). Revenue: €100.3m (down 4.0% from 2Q 2021). Net income: €1.37m (up 70% from 2Q 2021). Profit margin: 1.4% (up from 0.8% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.Price Target Changed • Oct 26Price target increased to €3.10Up from €2.80, the current price target is provided by 1 analyst. New target price is 163% above last closing price of €1.18. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.11 last year.分析記事 • Oct 21UniDevice (ETR:UDC) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.27, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 4.8% over the past three years.分析記事 • Sep 06The Return Trends At UniDevice (ETR:UDC) Look PromisingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Jul 15Second quarter 2022 earnings released: EPS: €0.10 (vs €0.054 in 2Q 2021)Second quarter 2022 results: EPS: €0.10 (up from €0.054 in 2Q 2021). Revenue: €100.3m (down 4.0% from 2Q 2021). Net income: €1.37m (up 70% from 2Q 2021). Profit margin: 1.4% (up from 0.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.1%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year.Upcoming Dividend • Jun 29Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 08 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.2%).分析記事 • Jun 02UniDevice AG's (ETR:UDC) Analyst Just Slashed This Year's EstimatesToday is shaping up negative for UniDevice AG ( ETR:UDC ) shareholders, with the covering analyst delivering a...Major Estimate Revision • Jun 01Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €369.1m to €314.2m. EPS estimate fell from €0.24 to €0.14 per share. Net income forecast to grow 494% next year vs 8.6% growth forecast for Electronic industry in Germany. Consensus price target down from €3.90 to €2.80. Share price rose 5.5% to €1.03 over the past week.Price Target Changed • May 31Price target decreased to €2.80Down from €4.05, the current price target is provided by 1 analyst. New target price is 180% above last closing price of €1.00. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.11 last year.お知らせ • May 21UniDevice AG, Annual General Meeting, Jul 05, 2022UniDevice AG, Annual General Meeting, Jul 05, 2022.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €1.09, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 22x in the Electronic industry in Germany. Total loss to shareholders of 25% over the past three years.分析記事 • May 05There's Been No Shortage Of Growth Recently For UniDevice's (ETR:UDC) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...分析記事 • Dec 08UniDevice's (ETR:UDC) Returns On Capital Are Heading HigherIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.73, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 14% over the past three years.分析記事 • Oct 31UniDevice (ETR:UDC) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS €0.055 (vs €0.086 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: €71.3m (down 35% from 3Q 2020). Net income: €827.4k (down 36% from 3Q 2020). Profit margin: 1.2% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 09UniDevice AG Revises Earnings Guidance for the Year 2021UniDevice AG revised earnings guidance for the year 2021. For the year, the company announced that the profit for the period in the first eight months of the financial year was higher than forecast and the profit forecast should therefore be raised from EUR 3.84 million to more than EUR 4.00 million for the complete year 2021.Reported Earnings • Aug 01Second quarter 2021 earnings released: EPS €0.054 (vs €0.062 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €104.6m (up 12% from 2Q 2020). Net income: €806.5k (down 13% from 2Q 2020). Profit margin: 0.8% (down from 1.0% in 2Q 2020). The decrease in margin was driven by higher expenses.Upcoming Dividend • Jun 22Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 01 July 2021. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.7%).Price Target Changed • May 21Price target increased to €4.60Up from €4.05, the current price target is provided by 1 analyst. New target price is 100% above last closing price of €2.30. Stock is up 67% over the past year.お知らせ • May 21UniDevice AG Proposes Dividend for the Fiscal Year 2020UniDevice AG proposed a dividend 12 cents per share, an increase of 71%, for the fiscal year 2020, to the annual general meeting to be held on June 28, 2021.分析記事 • Mar 17Here’s What’s Happening With Returns At UniDevice (ETR:UDC)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...分析記事 • Feb 18The Attractive Combination That Could Earn UniDevice AG (ETR:UDC) A Place In Your Dividend PortfolioIs UniDevice AG ( ETR:UDC ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...分析記事 • Jan 28Is UniDevice AG's (ETR:UDC) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?UniDevice (ETR:UDC) has had a great run on the share market with its stock up by a significant 17% over the last three...お知らせ • Jan 19UniDevice AG, Annual General Meeting, Jun 28, 2021UniDevice AG, Annual General Meeting, Jun 28, 2021.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.86, the stock is trading at a trailing P/E ratio of 13.4x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 31x in the Electronic industry in Germany. Total returns to shareholders over the past year are 103%.Is New 90 Day High Low • Jan 06New 90-day high: €2.52The company is up 14% from its price of €2.22 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electronic industry, which is also up 14% over the same period.分析記事 • Jan 06UniDevice (ETR:UDC) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Dec 16What Do The Returns At UniDevice (ETR:UDC) Mean Going Forward?To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Major Estimate Revision • Nov 03Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from €0.21 to €0.25. No change was made to the revenue estimate which at the last update was €410.8m. Net income is expected to grow by 32% next year compared to 49% growth forecast for the Electronic industry in Germany. The consensus price target increased from €3.85 to €4.15. Share price is down by 4.3% to €2.20 over the past week.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of €3.22m, up 47% from the prior year. Total revenue was €401.3m over the last 12 months, up 12% from the prior year.Is New 90 Day High Low • Oct 21New 90-day low: €2.02The company is down 7.0% from its price of €2.18 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period.Valuation Update With 7 Day Price Move • Oct 21Market pulls back on stock over the past weekAfter last week's 19% share price decline to €2.02, the stock is trading at a trailing P/E ratio of 11x, down from the previous P/E ratio of 13.5x. This compares to an average P/E of 30x in the Electronic industry in Germany. Total returns to shareholders over the past year are 41%.Is New 90 Day High Low • Oct 05New 90-day low: €2.04The company is down 5.0% from its price of €2.14 on 07 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period.財務状況分析短期負債: UDCの 短期資産 ( €35.0M ) が 短期負債 ( €17.5M ) を超えています。長期負債: UDCの短期資産 ( €35.0M ) が 長期負債 ( €9.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: UDCの 純負債対資本比率 ( 66.3% ) は 高い と見なされます。負債の削減: UDCの負債対資本比率は、過去 5 年間で33.6%から76.9%に増加しました。債務返済能力: UDCの負債は 営業キャッシュフロー によって 十分にカバーされていません ( 3.4% )。インタレストカバレッジ: UDCの負債に対する 利息支払い は EBIT ( 2.6 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2024/06/13 11:24終値2024/06/12 00:00収益2023/09/30年間収益2022/12/31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UniDevice AG 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Cosmin FilkerGBC AGThomas Wisslermwb research AG
分析記事 • Oct 21UniDevice (ETR:UDC) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Oct 31UniDevice (ETR:UDC) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jan 06UniDevice (ETR:UDC) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • May 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (30% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 320% Market cap is less than US$10m (€1.26m market cap, or US$1.37m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).
分析記事 • Mar 29Returns On Capital At UniDevice (ETR:UDC) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
New Risk • Mar 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 25% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (25% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 320% Market cap is less than US$10m (€1.90m market cap, or US$2.05m). Minor Risk Shareholders have been diluted in the past year (4.9% increase in shares outstanding).
Price Target Changed • Feb 20Price target decreased by 10% to €2.60Down from €2.90, the current price target is an average from 2 analysts. New target price is 129% above last closing price of €1.14. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.19 last year.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.18, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 37% over the past three years.
分析記事 • Nov 29UniDevice's (ETR:UDC) Returns Have Hit A WallThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: €0.042 (vs €0.09 in 3Q 2022)Third quarter 2023 results: EPS: €0.042 (down from €0.09 in 3Q 2022). Revenue: €94.9m (down 33% from 3Q 2022). Net income: €546.9k (down 58% from 3Q 2022). Profit margin: 0.6% (down from 0.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
New Risk • Oct 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (€14.7m market cap, or US$15.6m).
Major Estimate Revision • Jul 20Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €498.5m to €477.8m. EPS estimate also fell from €0.22 per share to €0.18 per share. Net income forecast to grow 18% next year vs 26% growth forecast for Electronic industry in Germany. Consensus price target down from €3.35 to €2.90. Share price fell 25% to €1.02 over the past week.
Price Target Changed • Jul 18Price target decreased by 13% to €2.90Down from €3.35, the current price target is an average from 2 analysts. New target price is 179% above last closing price of €1.04. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of €0.18 for next year compared to €0.19 last year.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: €0.005 (vs €0.091 in 2Q 2022)Second quarter 2023 results: EPS: €0.005 (down from €0.091 in 2Q 2022). Revenue: €87.9m (down 12% from 2Q 2022). Net income: €81.0k (down 94% from 2Q 2022). Profit margin: 0.1% (down from 1.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€16.2m market cap, or US$18.2m).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €1.36, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Electronic industry in Germany. Total loss to shareholders of 25% over the past three years.
Upcoming Dividend • Jul 03Upcoming dividend of €0.12 per share at 7.7% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 12 July 2023. Trailing yield: 7.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%).
Reported Earnings • Apr 27Full year 2022 earnings released: EPS: €0.19 (vs €0.12 in FY 2021)Full year 2022 results: EPS: €0.19 (up from €0.12 in FY 2021). Revenue: €460.0m (up 32% from FY 2021). Net income: €2.90m (up 68% from FY 2021). Profit margin: 0.6% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic 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 only fallen by 3% per year, which means it has not declined as severely as earnings.
Price Target Changed • Nov 16Price target increased to €3.10Up from €2.73, the current price target is provided by 1 analyst. New target price is 164% above last closing price of €1.18. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.11 last year.
分析記事 • Nov 01We Think That There Are More Issues For UniDevice (ETR:UDC) Than Just Sluggish EarningsUniDevice AG's ( ETR:UDC ) recent weak earnings report didn't cause a big stock movement. We think that investors are...
Major Estimate Revision • Oct 31Consensus revenue estimates increase by 35%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €314.2m to €424.6m. EPS estimate increased from €0.14 to €0.23 per share. Net income forecast to grow 158% next year vs 23% growth forecast for Electronic industry in Germany. Consensus price target up from €2.73 to €3.10. Share price was steady at €1.16 over the past week.
分析記事 • Oct 28The UniDevice AG (ETR:UDC) Analyst Just Boosted Their Forecasts By A Stunning AmountShareholders in UniDevice AG ( ETR:UDC ) may be thrilled to learn that the covering analyst has just delivered a major...
Reported Earnings • Oct 26Second quarter 2022 earnings released: EPS: €0.10 (vs €0.054 in 2Q 2021)Second quarter 2022 results: EPS: €0.10 (up from €0.054 in 2Q 2021). Revenue: €100.3m (down 4.0% from 2Q 2021). Net income: €1.37m (up 70% from 2Q 2021). Profit margin: 1.4% (up from 0.8% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.
Price Target Changed • Oct 26Price target increased to €3.10Up from €2.80, the current price target is provided by 1 analyst. New target price is 163% above last closing price of €1.18. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.11 last year.
分析記事 • Oct 21UniDevice (ETR:UDC) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.27, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 4.8% over the past three years.
分析記事 • Sep 06The Return Trends At UniDevice (ETR:UDC) Look PromisingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Jul 15Second quarter 2022 earnings released: EPS: €0.10 (vs €0.054 in 2Q 2021)Second quarter 2022 results: EPS: €0.10 (up from €0.054 in 2Q 2021). Revenue: €100.3m (down 4.0% from 2Q 2021). Net income: €1.37m (up 70% from 2Q 2021). Profit margin: 1.4% (up from 0.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.1%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year.
Upcoming Dividend • Jun 29Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 08 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.2%).
分析記事 • Jun 02UniDevice AG's (ETR:UDC) Analyst Just Slashed This Year's EstimatesToday is shaping up negative for UniDevice AG ( ETR:UDC ) shareholders, with the covering analyst delivering a...
Major Estimate Revision • Jun 01Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €369.1m to €314.2m. EPS estimate fell from €0.24 to €0.14 per share. Net income forecast to grow 494% next year vs 8.6% growth forecast for Electronic industry in Germany. Consensus price target down from €3.90 to €2.80. Share price rose 5.5% to €1.03 over the past week.
Price Target Changed • May 31Price target decreased to €2.80Down from €4.05, the current price target is provided by 1 analyst. New target price is 180% above last closing price of €1.00. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.11 last year.
お知らせ • May 21UniDevice AG, Annual General Meeting, Jul 05, 2022UniDevice AG, Annual General Meeting, Jul 05, 2022.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €1.09, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 22x in the Electronic industry in Germany. Total loss to shareholders of 25% over the past three years.
分析記事 • May 05There's Been No Shortage Of Growth Recently For UniDevice's (ETR:UDC) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
分析記事 • Dec 08UniDevice's (ETR:UDC) Returns On Capital Are Heading HigherIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.73, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 14% over the past three years.
分析記事 • Oct 31UniDevice (ETR:UDC) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS €0.055 (vs €0.086 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: €71.3m (down 35% from 3Q 2020). Net income: €827.4k (down 36% from 3Q 2020). Profit margin: 1.2% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 09UniDevice AG Revises Earnings Guidance for the Year 2021UniDevice AG revised earnings guidance for the year 2021. For the year, the company announced that the profit for the period in the first eight months of the financial year was higher than forecast and the profit forecast should therefore be raised from EUR 3.84 million to more than EUR 4.00 million for the complete year 2021.
Reported Earnings • Aug 01Second quarter 2021 earnings released: EPS €0.054 (vs €0.062 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €104.6m (up 12% from 2Q 2020). Net income: €806.5k (down 13% from 2Q 2020). Profit margin: 0.8% (down from 1.0% in 2Q 2020). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Jun 22Upcoming dividend of €0.12 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 01 July 2021. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.7%).
Price Target Changed • May 21Price target increased to €4.60Up from €4.05, the current price target is provided by 1 analyst. New target price is 100% above last closing price of €2.30. Stock is up 67% over the past year.
お知らせ • May 21UniDevice AG Proposes Dividend for the Fiscal Year 2020UniDevice AG proposed a dividend 12 cents per share, an increase of 71%, for the fiscal year 2020, to the annual general meeting to be held on June 28, 2021.
分析記事 • Mar 17Here’s What’s Happening With Returns At UniDevice (ETR:UDC)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
分析記事 • Feb 18The Attractive Combination That Could Earn UniDevice AG (ETR:UDC) A Place In Your Dividend PortfolioIs UniDevice AG ( ETR:UDC ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...
分析記事 • Jan 28Is UniDevice AG's (ETR:UDC) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?UniDevice (ETR:UDC) has had a great run on the share market with its stock up by a significant 17% over the last three...
お知らせ • Jan 19UniDevice AG, Annual General Meeting, Jun 28, 2021UniDevice AG, Annual General Meeting, Jun 28, 2021.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.86, the stock is trading at a trailing P/E ratio of 13.4x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 31x in the Electronic industry in Germany. Total returns to shareholders over the past year are 103%.
Is New 90 Day High Low • Jan 06New 90-day high: €2.52The company is up 14% from its price of €2.22 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electronic industry, which is also up 14% over the same period.
分析記事 • Jan 06UniDevice (ETR:UDC) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Dec 16What Do The Returns At UniDevice (ETR:UDC) Mean Going Forward?To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Major Estimate Revision • Nov 03Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from €0.21 to €0.25. No change was made to the revenue estimate which at the last update was €410.8m. Net income is expected to grow by 32% next year compared to 49% growth forecast for the Electronic industry in Germany. The consensus price target increased from €3.85 to €4.15. Share price is down by 4.3% to €2.20 over the past week.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of €3.22m, up 47% from the prior year. Total revenue was €401.3m over the last 12 months, up 12% from the prior year.
Is New 90 Day High Low • Oct 21New 90-day low: €2.02The company is down 7.0% from its price of €2.18 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 21Market pulls back on stock over the past weekAfter last week's 19% share price decline to €2.02, the stock is trading at a trailing P/E ratio of 11x, down from the previous P/E ratio of 13.5x. This compares to an average P/E of 30x in the Electronic industry in Germany. Total returns to shareholders over the past year are 41%.
Is New 90 Day High Low • Oct 05New 90-day low: €2.04The company is down 5.0% from its price of €2.14 on 07 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period.