View Future GrowthSAF Tehnika 過去の業績過去 基準チェック /26SAF Tehnikaの収益は年間平均-38.1%の割合で減少していますが、 Communications業界の収益は年間 増加しています。収益は年間5.2% 1.4%割合で 増加しています。 SAF Tehnikaの自己資本利益率は23.8%であり、純利益率は12.3%です。主要情報-38.15%収益成長率-37.67%EPS成長率Communications 業界の成長23.89%収益成長率1.41%株主資本利益率23.79%ネット・マージン12.25%次回の業績アップデート12 Aug 2026最近の業績更新お知らせ • Aug 01+ 3 more updatesSAF Tehnika A/S to Report Q3, 2026 Results on May 13, 2026SAF Tehnika A/S announced that they will report Q3, 2026 results on May 13, 2026Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: €0.27 (vs €0.50 loss in 1Q 2024)First quarter 2025 results: EPS: €0.27 (up from €0.50 loss in 1Q 2024). Revenue: €8.57m (up 59% from 1Q 2024). Net income: €813.9k (up €2.29m from 1Q 2024). Profit margin: 9.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 20Full year 2024 earnings released: €0.80 loss per share (vs €1.19 profit in FY 2023)Full year 2024 results: €0.80 loss per share (down from €1.19 profit in FY 2023). Revenue: €28.0m (down 25% from FY 2023). Net loss: €2.39m (down 168% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.お知らせ • Jul 22+ 3 more updatesSAF Tehnika A/S to Report Q4, 2025 Results on Aug 13, 2025SAF Tehnika A/S announced that they will report Q4, 2025 results on Aug 13, 2025Reported Earnings • May 17Third quarter 2024 earnings released: €0.32 loss per share (vs €0.33 loss in 3Q 2023)Third quarter 2024 results: €0.32 loss per share (improved from €0.33 loss in 3Q 2023). Revenue: €6.87m (up 3.5% from 3Q 2023). Net loss: €942.1k (loss narrowed 3.2% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.34 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.34 in 2Q 2023). Revenue: €8.22m (down 22% from 2Q 2023). Net income: €522.9k (down 48% from 2Q 2023). Profit margin: 6.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesNew Risk • Jun 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% 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 38% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (€32.4m market cap, or US$37.8m).Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €10.80, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 32x in the Communications industry in Europe. Total loss to shareholders of 8.9% over the past three years.お知らせ • Nov 15SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025, at 10:00 FLE Standard Time.お知らせ • Aug 01+ 3 more updatesSAF Tehnika A/S to Report Q3, 2026 Results on May 13, 2026SAF Tehnika A/S announced that they will report Q3, 2026 results on May 13, 2026Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: €0.27 (vs €0.50 loss in 1Q 2024)First quarter 2025 results: EPS: €0.27 (up from €0.50 loss in 1Q 2024). Revenue: €8.57m (up 59% from 1Q 2024). Net income: €813.9k (up €2.29m from 1Q 2024). Profit margin: 9.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024, at 10:00 FLE Standard Time.お知らせ • Nov 03Saf Tehnika Unveils Freemile 60Peraso Inc. announced that SAF Tehnika JSC ("SAF") has released the FreeMile 60 (FreeMile) radio to provide fixed wireless access (FWA) using Peraso's Perspectus mmWave modules with the X720 chipset. Utilizing the unlicensed 60 GHz band, FreeMile's 90-degree multipoint setup enables wireless Internet service providers (WISPs) to maximize network coverage with minimal infrastructure. With one antenna providing 90° beamforming coverage and optional antenna kits for enhanced directionality, FreeMile's modular design delivers flexibility and efficiency. FreeMile has been released with FCC and CE regulatory certification and is available immediately in North America, Europe and other locations throughout SAF's distribution network. Peraso has been a pioneer of high-performance mmWave phased array solutions for more than a decade. As one of the only providers of solutions for all mmWave communication bands (24GHz - 71GHz), Peraso believes its technology is attractive to WISPs of all sizes. Peraso's fully integrated, unlicensed 60GHz solutions are being deployed and used worldwide for a variety of applications, as demand for alternative FWA broadband platforms continues to grow.Reported Earnings • Aug 20Full year 2024 earnings released: €0.80 loss per share (vs €1.19 profit in FY 2023)Full year 2024 results: €0.80 loss per share (down from €1.19 profit in FY 2023). Revenue: €28.0m (down 25% from FY 2023). Net loss: €2.39m (down 168% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.お知らせ • Jul 22+ 3 more updatesSAF Tehnika A/S to Report Q4, 2025 Results on Aug 13, 2025SAF Tehnika A/S announced that they will report Q4, 2025 results on Aug 13, 2025Reported Earnings • May 17Third quarter 2024 earnings released: €0.32 loss per share (vs €0.33 loss in 3Q 2023)Third quarter 2024 results: €0.32 loss per share (improved from €0.33 loss in 3Q 2023). Revenue: €6.87m (up 3.5% from 3Q 2023). Net loss: €942.1k (loss narrowed 3.2% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.34 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.34 in 2Q 2023). Revenue: €8.22m (down 22% from 2Q 2023). Net income: €522.9k (down 48% from 2Q 2023). Profit margin: 6.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Buying Opportunity • Nov 15Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €9.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Nov 13SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023, at 10:00 E. Europe Standard Time. Location: 24a, Ganibu dambis Riga Latvia Agenda: To consider approval of report of the Board of Directors and the Supervisory Council; to consider approval of the annual report for the financial year 2022/2023 and release the Board of Directors from responsibility for financial year 2022/2023; to consider taking a decision regarding distribution of FY 2022/2023 profit; to consider appointment of the auditor for the financial year 2023/2024 and determination of reward for the auditor; to consider approval of Management Board and Supervisory Council remuneration report; to consider amendments to the wording of the Articles of Association.Reported Earnings • Nov 12First quarter 2024 earnings released: €0.50 loss per share (vs €0.86 profit in 1Q 2023)First quarter 2024 results: €0.50 loss per share (down from €0.86 profit in 1Q 2023). Revenue: €6.31m (down 45% from 1Q 2023). Net loss: €1.47m (down 158% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €7.94, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 128% over the past three years.Reported Earnings • Aug 13Full year 2023 earnings released: EPS: €1.14 (vs €2.05 in FY 2022)Full year 2023 results: EPS: €1.14 (down from €2.05 in FY 2022). Revenue: €37.5m (up 11% from FY 2022). Net income: €3.39m (down 44% from FY 2022). Profit margin: 9.0% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year and the company’s share price has also increased by 41% per year.お知らせ • Aug 05+ 3 more updatesSAF Tehnika A/S to Report Q4, 2024 Results on Aug 14, 2024SAF Tehnika A/S announced that they will report Q4, 2024 results on Aug 14, 2024Reported Earnings • May 10Third quarter 2023 earnings released: €0.33 loss per share (vs €0.56 profit in 3Q 2022)Third quarter 2023 results: €0.33 loss per share (down from €0.56 profit in 3Q 2022). Revenue: €6.73m (down 22% from 3Q 2022). Net loss: €973.7k (down 159% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year and the company’s share price has also increased by 57% per year.Reported Earnings • Feb 10Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €10.6m (up 16% from 2Q 2022). Net income: €1.00m (down 49% from 2Q 2022). Profit margin: 9.5% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 12Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).お知らせ • Dec 08SAF Tehnika A/S Approves Dividend, Payable on December 21, 2022SAF Tehnika A/S approved to pay in dividends EUR 0.68 (sixty- eight cents) per one SAF Tehnika JSC share or total amount of EUR 2,019,722.40 (two million nineteen thousand seven hundred twenty-two euros 40 cents); The date of record is 20 December, 2022. The date of payment is 21 December, 2022. Ex-date is 19 December, 2022.お知らせ • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022, at 10:00 Coordinated Universal Time. Agenda: To discuss Approval of report of the Board of Directors and the Supervisory Council; to discuss Approval of the annual report for the financial year 2021/2022 and release the Board of Directors from responsibility for financial year 2021/2022; to discuss regarding distribution of FY 2021/2022 profit; to discuss Appointment of the auditor for the financial year 2022/2023 and determination of reward for the auditor; and to discuss Approval of Management Board and Supervisory Council remuneration report.Reported Earnings • Aug 19Full year 2022 earnings released: EPS: €2.01 (vs €1.31 in FY 2021)Full year 2022 results: EPS: €2.01 (up from €1.31 in FY 2021). Revenue: €34.4m (up 37% from FY 2021). Net income: €5.96m (up 54% from FY 2021). Profit margin: 17% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11+ 3 more updatesSAF Tehnika A/S to Report Q4, 2023 Results on Aug 09, 2023SAF Tehnika A/S announced that they will report Q4, 2023 results on Aug 09, 2023Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.30, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 392% over the past three years.お知らせ • Feb 18SAF Tehnika to Be Deleted from Other OTCSAF Tehnika A/S Ordinary Shares will be deleted from Other OTC effective February 18, 2022. The deletion is due to Inactive Security.Reported Earnings • Feb 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: €0.66 (up from €0.26 in 2Q 2021). Revenue: €9.22m (up 37% from 2Q 2021). Net income: €1.97m (up 157% from 2Q 2021). Profit margin: 21% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 14Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.85, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 30x in the Communications industry in Europe. Total returns to shareholders of 311% over the past three years.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 36% share price gain to €10.60, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 47x in the Communications industry in Europe. Total returns to shareholders of 225% over the past three years.Reported Earnings • Aug 12Full year 2021 earnings released: EPS €1.40 (vs €0.15 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €26.3m (up 57% from FY 2020). Net income: €4.15m (up €3.71m from FY 2020). Profit margin: 16% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17Third quarter 2021 earnings released: EPS €0.33 (vs €0.05 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €6.21m (up 38% from 3Q 2020). Net income: €967.1k (up €808.1k from 3Q 2020). Profit margin: 16% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 05New 90-day high: €6.25The company is up 49% from its price of €4.20 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 24% over the same period.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to €5.60, the stock is trading at a trailing P/E ratio of 15.1x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 36x in the Communications industry in Europe. Total returns to shareholders over the past three years are 12%.Reported Earnings • Feb 13Second quarter 2021 earnings released: EPS €0.26 (vs €0.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €6.71m (up 42% from 2Q 2020). Net income: €766.1k (up 297% from 2Q 2020). Profit margin: 11% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 10New 90-day high: €4.72The company is up 16% from its price of €4.08 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 19New 90-day high: €4.64The company is up 33% from its price of €3.48 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 26% over the same period.Upcoming Dividend • Dec 10Upcoming Dividend of €0.21 Per ShareWill be paid on the 21st of December to those who are registered shareholders by the 17th of December. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (1.4%).Is New 90 Day High Low • Dec 05New 90-day high: €4.20The company is up 20% from its price of €3.50 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is flat over the same period.Reported Earnings • Nov 12First quarter 2021 earnings released: EPS €0.13The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €4.71m (up 18% from 1Q 2020). Net income: €378.1k (up 46% from 1Q 2020). Profit margin: 8.0% (up from 6.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 05New 90-day high: €3.64The company is up 1.0% from its price of €3.62 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 11% over the same period.お知らせ • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020, at 15:00 E. Europe Standard Time. Agenda: To consider and approve report of the Board of Directors and the Supervisory Council; to consider the annual report for the financial year 2019/2020 and release the Board of Directors from responsibility for financial year 2019/2020; to consider Taking a decision regarding distribution of FY 2019/2020 profit; to consider appointment of the auditor for the financial year 2020/2021 and determination of reward for the auditor; and to consider Approval of Management Board and Supervisory Council remuneration policy.収支内訳SAF Tehnika の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:VTZ 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Mar 2642514031 Dec 2534212030 Sep 2525-110030 Jun 2526-111031 Mar 2527012031 Dec 2428011030 Sep 2430011030 Jun 2427-211031 Mar 2430-110031 Dec 2330-110030 Sep 2331-111030 Jun 2337411031 Mar 2337411031 Dec 2239610030 Sep 2238710030 Jun 223469031 Mar 2233710031 Dec 213169030 Sep 212858030 Jun 212547031 Mar 212127031 Dec 201917030 Sep 201717030 Jun 201707031 Mar 201716031 Dec 191616030 Sep 191505030 Jun 191405031 Mar 1914-15031 Dec 1813-15030 Sep 1813-15030 Jun 181305031 Mar 181606031 Dec 171616030 Sep 171726030 Jun 171725031 Mar 171625031 Dec 161515030 Sep 161414030 Jun 161414031 Mar 161314031 Dec 151314030 Sep 1513140質の高い収益: VTZ 非現金収入 のレベルが高いです。利益率の向上: VTZ過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: VTZの収益は過去 5 年間で年間38.1%減少しました。成長の加速: VTZは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: VTZ昨年収益を上げたため、昨年の収益成長をCommunications業界 ( 36.1% ) と比較することは困難です。株主資本利益率高いROE: VTZの 自己資本利益率 ( 23.8% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/09 17:04終値2026/07/09 00:00収益2026/03/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SAF Tehnika A/S 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Aug 01+ 3 more updatesSAF Tehnika A/S to Report Q3, 2026 Results on May 13, 2026SAF Tehnika A/S announced that they will report Q3, 2026 results on May 13, 2026
Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: €0.27 (vs €0.50 loss in 1Q 2024)First quarter 2025 results: EPS: €0.27 (up from €0.50 loss in 1Q 2024). Revenue: €8.57m (up 59% from 1Q 2024). Net income: €813.9k (up €2.29m from 1Q 2024). Profit margin: 9.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 20Full year 2024 earnings released: €0.80 loss per share (vs €1.19 profit in FY 2023)Full year 2024 results: €0.80 loss per share (down from €1.19 profit in FY 2023). Revenue: €28.0m (down 25% from FY 2023). Net loss: €2.39m (down 168% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 22+ 3 more updatesSAF Tehnika A/S to Report Q4, 2025 Results on Aug 13, 2025SAF Tehnika A/S announced that they will report Q4, 2025 results on Aug 13, 2025
Reported Earnings • May 17Third quarter 2024 earnings released: €0.32 loss per share (vs €0.33 loss in 3Q 2023)Third quarter 2024 results: €0.32 loss per share (improved from €0.33 loss in 3Q 2023). Revenue: €6.87m (up 3.5% from 3Q 2023). Net loss: €942.1k (loss narrowed 3.2% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.34 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.34 in 2Q 2023). Revenue: €8.22m (down 22% from 2Q 2023). Net income: €522.9k (down 48% from 2Q 2023). Profit margin: 6.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
New Risk • Jun 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% 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 38% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (€32.4m market cap, or US$37.8m).
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €10.80, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 32x in the Communications industry in Europe. Total loss to shareholders of 8.9% over the past three years.
お知らせ • Nov 15SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025, at 10:00 FLE Standard Time.
お知らせ • Aug 01+ 3 more updatesSAF Tehnika A/S to Report Q3, 2026 Results on May 13, 2026SAF Tehnika A/S announced that they will report Q3, 2026 results on May 13, 2026
Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: €0.27 (vs €0.50 loss in 1Q 2024)First quarter 2025 results: EPS: €0.27 (up from €0.50 loss in 1Q 2024). Revenue: €8.57m (up 59% from 1Q 2024). Net income: €813.9k (up €2.29m from 1Q 2024). Profit margin: 9.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024, at 10:00 FLE Standard Time.
お知らせ • Nov 03Saf Tehnika Unveils Freemile 60Peraso Inc. announced that SAF Tehnika JSC ("SAF") has released the FreeMile 60 (FreeMile) radio to provide fixed wireless access (FWA) using Peraso's Perspectus mmWave modules with the X720 chipset. Utilizing the unlicensed 60 GHz band, FreeMile's 90-degree multipoint setup enables wireless Internet service providers (WISPs) to maximize network coverage with minimal infrastructure. With one antenna providing 90° beamforming coverage and optional antenna kits for enhanced directionality, FreeMile's modular design delivers flexibility and efficiency. FreeMile has been released with FCC and CE regulatory certification and is available immediately in North America, Europe and other locations throughout SAF's distribution network. Peraso has been a pioneer of high-performance mmWave phased array solutions for more than a decade. As one of the only providers of solutions for all mmWave communication bands (24GHz - 71GHz), Peraso believes its technology is attractive to WISPs of all sizes. Peraso's fully integrated, unlicensed 60GHz solutions are being deployed and used worldwide for a variety of applications, as demand for alternative FWA broadband platforms continues to grow.
Reported Earnings • Aug 20Full year 2024 earnings released: €0.80 loss per share (vs €1.19 profit in FY 2023)Full year 2024 results: €0.80 loss per share (down from €1.19 profit in FY 2023). Revenue: €28.0m (down 25% from FY 2023). Net loss: €2.39m (down 168% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 22+ 3 more updatesSAF Tehnika A/S to Report Q4, 2025 Results on Aug 13, 2025SAF Tehnika A/S announced that they will report Q4, 2025 results on Aug 13, 2025
Reported Earnings • May 17Third quarter 2024 earnings released: €0.32 loss per share (vs €0.33 loss in 3Q 2023)Third quarter 2024 results: €0.32 loss per share (improved from €0.33 loss in 3Q 2023). Revenue: €6.87m (up 3.5% from 3Q 2023). Net loss: €942.1k (loss narrowed 3.2% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.34 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.34 in 2Q 2023). Revenue: €8.22m (down 22% from 2Q 2023). Net income: €522.9k (down 48% from 2Q 2023). Profit margin: 6.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Buying Opportunity • Nov 15Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €9.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Nov 13SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023, at 10:00 E. Europe Standard Time. Location: 24a, Ganibu dambis Riga Latvia Agenda: To consider approval of report of the Board of Directors and the Supervisory Council; to consider approval of the annual report for the financial year 2022/2023 and release the Board of Directors from responsibility for financial year 2022/2023; to consider taking a decision regarding distribution of FY 2022/2023 profit; to consider appointment of the auditor for the financial year 2023/2024 and determination of reward for the auditor; to consider approval of Management Board and Supervisory Council remuneration report; to consider amendments to the wording of the Articles of Association.
Reported Earnings • Nov 12First quarter 2024 earnings released: €0.50 loss per share (vs €0.86 profit in 1Q 2023)First quarter 2024 results: €0.50 loss per share (down from €0.86 profit in 1Q 2023). Revenue: €6.31m (down 45% from 1Q 2023). Net loss: €1.47m (down 158% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €7.94, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 128% over the past three years.
Reported Earnings • Aug 13Full year 2023 earnings released: EPS: €1.14 (vs €2.05 in FY 2022)Full year 2023 results: EPS: €1.14 (down from €2.05 in FY 2022). Revenue: €37.5m (up 11% from FY 2022). Net income: €3.39m (down 44% from FY 2022). Profit margin: 9.0% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year and the company’s share price has also increased by 41% per year.
お知らせ • Aug 05+ 3 more updatesSAF Tehnika A/S to Report Q4, 2024 Results on Aug 14, 2024SAF Tehnika A/S announced that they will report Q4, 2024 results on Aug 14, 2024
Reported Earnings • May 10Third quarter 2023 earnings released: €0.33 loss per share (vs €0.56 profit in 3Q 2022)Third quarter 2023 results: €0.33 loss per share (down from €0.56 profit in 3Q 2022). Revenue: €6.73m (down 22% from 3Q 2022). Net loss: €973.7k (down 159% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year and the company’s share price has also increased by 57% per year.
Reported Earnings • Feb 10Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €10.6m (up 16% from 2Q 2022). Net income: €1.00m (down 49% from 2Q 2022). Profit margin: 9.5% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 12Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).
お知らせ • Dec 08SAF Tehnika A/S Approves Dividend, Payable on December 21, 2022SAF Tehnika A/S approved to pay in dividends EUR 0.68 (sixty- eight cents) per one SAF Tehnika JSC share or total amount of EUR 2,019,722.40 (two million nineteen thousand seven hundred twenty-two euros 40 cents); The date of record is 20 December, 2022. The date of payment is 21 December, 2022. Ex-date is 19 December, 2022.
お知らせ • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022, at 10:00 Coordinated Universal Time. Agenda: To discuss Approval of report of the Board of Directors and the Supervisory Council; to discuss Approval of the annual report for the financial year 2021/2022 and release the Board of Directors from responsibility for financial year 2021/2022; to discuss regarding distribution of FY 2021/2022 profit; to discuss Appointment of the auditor for the financial year 2022/2023 and determination of reward for the auditor; and to discuss Approval of Management Board and Supervisory Council remuneration report.
Reported Earnings • Aug 19Full year 2022 earnings released: EPS: €2.01 (vs €1.31 in FY 2021)Full year 2022 results: EPS: €2.01 (up from €1.31 in FY 2021). Revenue: €34.4m (up 37% from FY 2021). Net income: €5.96m (up 54% from FY 2021). Profit margin: 17% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11+ 3 more updatesSAF Tehnika A/S to Report Q4, 2023 Results on Aug 09, 2023SAF Tehnika A/S announced that they will report Q4, 2023 results on Aug 09, 2023
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.30, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 392% over the past three years.
お知らせ • Feb 18SAF Tehnika to Be Deleted from Other OTCSAF Tehnika A/S Ordinary Shares will be deleted from Other OTC effective February 18, 2022. The deletion is due to Inactive Security.
Reported Earnings • Feb 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: €0.66 (up from €0.26 in 2Q 2021). Revenue: €9.22m (up 37% from 2Q 2021). Net income: €1.97m (up 157% from 2Q 2021). Profit margin: 21% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 14Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.85, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 30x in the Communications industry in Europe. Total returns to shareholders of 311% over the past three years.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 36% share price gain to €10.60, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 47x in the Communications industry in Europe. Total returns to shareholders of 225% over the past three years.
Reported Earnings • Aug 12Full year 2021 earnings released: EPS €1.40 (vs €0.15 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €26.3m (up 57% from FY 2020). Net income: €4.15m (up €3.71m from FY 2020). Profit margin: 16% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17Third quarter 2021 earnings released: EPS €0.33 (vs €0.05 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €6.21m (up 38% from 3Q 2020). Net income: €967.1k (up €808.1k from 3Q 2020). Profit margin: 16% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 05New 90-day high: €6.25The company is up 49% from its price of €4.20 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 24% over the same period.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to €5.60, the stock is trading at a trailing P/E ratio of 15.1x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 36x in the Communications industry in Europe. Total returns to shareholders over the past three years are 12%.
Reported Earnings • Feb 13Second quarter 2021 earnings released: EPS €0.26 (vs €0.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €6.71m (up 42% from 2Q 2020). Net income: €766.1k (up 297% from 2Q 2020). Profit margin: 11% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 10New 90-day high: €4.72The company is up 16% from its price of €4.08 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 19New 90-day high: €4.64The company is up 33% from its price of €3.48 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 26% over the same period.
Upcoming Dividend • Dec 10Upcoming Dividend of €0.21 Per ShareWill be paid on the 21st of December to those who are registered shareholders by the 17th of December. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (1.4%).
Is New 90 Day High Low • Dec 05New 90-day high: €4.20The company is up 20% from its price of €3.50 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is flat over the same period.
Reported Earnings • Nov 12First quarter 2021 earnings released: EPS €0.13The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €4.71m (up 18% from 1Q 2020). Net income: €378.1k (up 46% from 1Q 2020). Profit margin: 8.0% (up from 6.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 05New 90-day high: €3.64The company is up 1.0% from its price of €3.62 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 11% over the same period.
お知らせ • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020, at 15:00 E. Europe Standard Time. Agenda: To consider and approve report of the Board of Directors and the Supervisory Council; to consider the annual report for the financial year 2019/2020 and release the Board of Directors from responsibility for financial year 2019/2020; to consider Taking a decision regarding distribution of FY 2019/2020 profit; to consider appointment of the auditor for the financial year 2020/2021 and determination of reward for the auditor; and to consider Approval of Management Board and Supervisory Council remuneration policy.