View Future GrowthRai Way 過去の業績過去 基準チェック /36Rai Wayは、平均年間7.7%の収益成長を遂げていますが、 Telecom業界の収益は、年間 減少しています。収益は、平均年間5% 5.2%収益成長率で 成長しています。 Rai Wayの自己資本利益率は41%であり、純利益率は30.6%です。主要情報7.73%収益成長率7.65%EPS成長率Telecom 業界の成長36.30%収益成長率5.21%株主資本利益率40.99%ネット・マージン30.61%次回の業績アップデート30 Jul 2026最近の業績更新お知らせ • Jan 22+ 3 more updatesRai Way S.p.A. to Report Fiscal Year 2025 Results on Mar 23, 2026Rai Way S.p.A. announced that they will report fiscal year 2025 results on Mar 23, 2026お知らせ • Jan 30+ 3 more updatesRai Way S.p.A. to Report Q1, 2025 Results on May 14, 2025Rai Way S.p.A. announced that they will report Q1, 2025 results on May 14, 2025Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.084 (vs €0.093 in 3Q 2023)Third quarter 2024 results: EPS: €0.084 (down from €0.093 in 3Q 2023). Revenue: €70.6m (up 3.5% from 3Q 2023). Net income: €23.4m (down 6.3% from 3Q 2023). Profit margin: 33% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: €0.087 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.087 (up from €0.08 in 2Q 2023). Revenue: €68.8m (up 1.0% from 2Q 2023). Net income: €23.4m (up 9.5% from 2Q 2023). Profit margin: 34% (up from 31% in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 03Full year 2023 earnings released: EPS: €0.32 (vs €0.28 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.28 in FY 2022). Revenue: €272.0m (up 11% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 27Full year 2023 earnings releasedFull year 2023 results: Revenue: €274.0m (up 12% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany.すべての更新を表示Recent updatesBoard Change • May 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. Chairman of the Board of Statutory Auditors Silvia Muzi is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 25Rai Way S.p.A. announces Annual dividend, payable on May 20, 2026Rai Way S.p.A. announced Annual dividend of EUR 0.3300 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.お知らせ • Jan 22+ 3 more updatesRai Way S.p.A. to Report Fiscal Year 2025 Results on Mar 23, 2026Rai Way S.p.A. announced that they will report fiscal year 2025 results on Mar 23, 2026お知らせ • Mar 21Rai Way S.p.A. announces Annual dividend, payable on May 21, 2025Rai Way S.p.A. announced Annual dividend of EUR 0.3340 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.お知らせ • Jan 30+ 3 more updatesRai Way S.p.A. to Report Q1, 2025 Results on May 14, 2025Rai Way S.p.A. announced that they will report Q1, 2025 results on May 14, 2025Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.084 (vs €0.093 in 3Q 2023)Third quarter 2024 results: EPS: €0.084 (down from €0.093 in 3Q 2023). Revenue: €70.6m (up 3.5% from 3Q 2023). Net income: €23.4m (down 6.3% from 3Q 2023). Profit margin: 33% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 93% Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk High level of debt (76% net debt to equity).New Risk • Aug 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 76% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 93% Minor Risk High level of debt (76% net debt to equity).Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: €0.087 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.087 (up from €0.08 in 2Q 2023). Revenue: €68.8m (up 1.0% from 2Q 2023). Net income: €23.4m (up 9.5% from 2Q 2023). Profit margin: 34% (up from 31% in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • May 19High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Member of Statutory Auditor Giovanni Caravetta was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 13Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio and cash payout ratio are on the higher end at 100% and 81% respectively. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.2%).Reported Earnings • May 03Full year 2023 earnings released: EPS: €0.32 (vs €0.28 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.28 in FY 2022). Revenue: €272.0m (up 11% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 27Full year 2023 earnings releasedFull year 2023 results: Revenue: €274.0m (up 12% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany.Buy Or Sell Opportunity • Feb 06Now 21% undervaluedOver the last 90 days, the stock has risen 5.7% to €4.90. The fair value is estimated to be €6.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.お知らせ • Jan 27+ 4 more updatesRai Way S.p.A., Annual General Meeting, Apr 30, 2024Rai Way S.p.A., Annual General Meeting, Apr 30, 2024. Agenda: To consider approval of the Financial Statement as of 31 December 2023.Buy Or Sell Opportunity • Jan 21Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at €4.77. The fair value is estimated to be €6.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.Buying Opportunity • Dec 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be €6.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 8.4%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 0.6% per annum over the same time period.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €69.8m (up 8.0% from 3Q 2022). Net income: €24.9m (up 30% from 3Q 2022). Profit margin: 36% (up from 30% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Germany.New Risk • Jul 31New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 69% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 106% Minor Risk High level of debt (69% net debt to equity).Reported Earnings • Jul 30Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €68.7m (up 12% from 2Q 2022). Net income: €21.4m (up 18% from 2Q 2022). Profit margin: 31% (up from 30% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany.お知らせ • Jun 28Rai Way S.p.A. to Report Q2, 2023 Results on Jul 27, 2023Rai Way S.p.A. announced that they will report Q2, 2023 results on Jul 27, 2023Upcoming Dividend • May 22Upcoming dividend of €0.27 per share at 4.9% yieldEligible shareholders must have bought the stock before 29 May 2023. Payment date: 31 May 2023. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.0%).お知らせ • May 10Rai Way S.p.A. to Report Q1, 2023 Results on May 11, 2023Rai Way S.p.A. announced that they will report Q1, 2023 results on May 11, 2023Reported Earnings • Mar 20Full year 2022 earnings releasedFull year 2022 results: Revenue: €248.5m (up 7.9% from FY 2021). Net income: €73.7m (up 13% from FY 2021). Profit margin: 30% (up from 28% 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 1.9% growth forecast for the Telecom industry in Germany.Reported Earnings • Mar 19Full year 2022 earnings releasedFull year 2022 results: Revenue: €248.5m (up 7.9% from FY 2021). Net income: €73.7m (up 13% from FY 2021). Profit margin: 30% (up from 28% 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 1.9% growth forecast for the Telecom industry in Germany.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Maurizio Rastrello was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 10EI Towers Pick Banks to Explore M&AEI Towers S.p. A have picked Credit Suisse and Mediobanca as advisers to look into a potential combination with state-controlled rival Rai Way S.p.A. (BIT:RWAY), two sources familiar with the matter said. The move shows how the companies are still looking to work out a long mooted tie-up despite uncertainty created by national elections in Italy next month. A potential deal could create a group worth more than €2 billion ($2.04 billion). EI Towers is 60%-owned by Italian infrastructure fund F2i and Italy’s top commercial broadcaster MediaForEurope (MFE), controlled by the family of former Prime Minister Silvio Berlusconi, holds the remaining 40%. “Things are in the very preliminary stage”, one of the sources said. A second source said other advisers are expected to join Mediobanca and Credit Suisse. A F2i spokesperson said no adviser has been formally appointed yet. MFE declined to comment. Under the decree, RAI can cut its stake in Rai Way as low as 30% but no lower, while keeping control of Rai Way’s infrastructure. A potential deal, whose key details need still to be finalised, could include an extraordinary payout for Rai Way and EI Towers investors, according to a report by Italian daily La Repubblica on August 9, 2022, which sent Rai Way shares up as much as 7% on the day.Reported Earnings • Jul 31Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €61.4m (up 8.1% from 2Q 2021). Net income: €18.2m (up 11% from 2Q 2021). Profit margin: 30% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.4%, compared to a 2.0% growth forecast for the industry in Germany.Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Maurizio Rastrello was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • May 16Upcoming dividend of €0.24 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 4.3%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (3.4%).Board Change • May 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Maurizio Rastrello was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 31RaiWay Announces Board ChangesRaiWay has announced the appointment of Maurizio Rastrello as the new chairman of its board of directors, replacing Giuseppe Pasciucco, who has stepped down for personal reasons. The tower unit of Italian state broadcaster Rai said Rastrello and Roberta Enni will take over as directors from Pasciucco and Stefano Cicotti, who also stepped down last week.Buying Opportunity • Mar 05Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be €6.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.0% per annum over the last 3 years.お知らせ • Feb 16Rai Way S.p.A. to Report Fiscal Year 2021 Results on Mar 17, 2022Rai Way S.p.A. announced that they will report fiscal year 2021 results on Mar 17, 2022Reported Earnings • Nov 14Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €58.4m (up 2.6% from 3Q 2020). Net income: €19.6m (up 8.4% from 3Q 2020). Profit margin: 34% (up from 32% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €57.2m (up 2.9% from 2Q 2020). Net income: €16.3m (down 2.8% from 2Q 2020). Profit margin: 28% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • May 17Upcoming dividend of €0.24 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 26 May 2021. Trailing yield: 4.7%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.0%).Reported Earnings • Apr 07Full year 2020 earnings released: EPS €0.24 (vs €0.23 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €224.5m (up 1.0% from FY 2019). Net income: €64.0m (up 1.0% from FY 2019). Profit margin: 28% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.Reported Earnings • Mar 20Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €225.0m (up 1.2% from FY 2019). Net income: €64.0m (up 1.0% from FY 2019). Profit margin: 28% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.Is New 90 Day High Low • Feb 21New 90-day low: €4.83The company is down 12% from its price of €5.51 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.08 per share.お知らせ • Jan 31+ 3 more updatesRai Way S.p.A. to Report Q1, 2021 Results on May 13, 2021Rai Way S.p.A. announced that they will report Q1, 2021 results on May 13, 2021Is New 90 Day High Low • Jan 27New 90-day low: €5.05The company is down 4.0% from its price of €5.28 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.57 per share.Is New 90 Day High Low • Dec 22New 90-day high: €5.63The company is up 7.0% from its price of €5.25 on 23 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.80 per share.Analyst Estimate Surprise Post Earnings • Nov 16Revenue beats expectationsRevenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 2.2%, compared to a 2.2% growth forecast for the Media industry in Germany.Is New 90 Day High Low • Oct 19New 90-day low: €5.19The company is down 10.0% from its price of €5.79 on 21 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.79 per share.Is New 90 Day High Low • Sep 24New 90-day low: €5.25The company is down 9.0% from its price of €5.74 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.68 per share.収支内訳Rai Way 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:4RW 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 26286888031 Dec 25284898030 Sep 25281908030 Jun 25279908031 Mar 25277898031 Dec 24276908030 Sep 24274879030 Jun 24274899031 Mar 24273879031 Dec 23272879030 Sep 23265878030 Jun 23260828031 Mar 23253788031 Dec 22245748030 Sep 22243698030 Jun 22238698031 Mar 22234678031 Dec 21230658030 Sep 21229668030 Jun 21227648031 Mar 21225658031 Dec 20224648030 Sep 20224659030 Jun 20222649031 Mar 20222649031 Dec 19221639030 Sep 192206215030 Jun 192196115031 Mar 192196115031 Dec 182186015030 Sep 182175915030 Jun 182176015031 Mar 182165715031 Dec 172165615030 Sep 172165316030 Jun 172175016031 Mar 172164516031 Dec 162154216030 Sep 162154115030 Jun 162143915031 Mar 162134015031 Dec 152123915030 Sep 152083715030 Jun 1520835150質の高い収益: 4RWは 高品質の収益 を持っています。利益率の向上: 4RWの現在の純利益率 (30.6%)は、昨年(32%)よりも低くなっています。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: 4RWの収益は過去 5 年間で年間7.7%増加しました。成長の加速: 4RWは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 4RWは過去 1 年間で収益成長率がマイナス ( -1.1% ) となったため、 Telecom業界平均 ( -13.7% ) と比較することが困難です。株主資本利益率高いROE: 4RWの 自己資本利益率 ( 41% ) は 傑出している と考えられます。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7D1Y7D1Y7D1YTelecom 、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2026/05/24 05:27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Rai Way S.p.A. 5 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。16 アナリスト機関Andrea TodeschiniBanca Akros S.p.A. (ESN)Andrea TodeschiniBanca Akros S.p.A. (ESN)Giorgia ArianoBanca Akros S.p.A. (ESN)13 その他のアナリストを表示
お知らせ • Jan 22+ 3 more updatesRai Way S.p.A. to Report Fiscal Year 2025 Results on Mar 23, 2026Rai Way S.p.A. announced that they will report fiscal year 2025 results on Mar 23, 2026
お知らせ • Jan 30+ 3 more updatesRai Way S.p.A. to Report Q1, 2025 Results on May 14, 2025Rai Way S.p.A. announced that they will report Q1, 2025 results on May 14, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.084 (vs €0.093 in 3Q 2023)Third quarter 2024 results: EPS: €0.084 (down from €0.093 in 3Q 2023). Revenue: €70.6m (up 3.5% from 3Q 2023). Net income: €23.4m (down 6.3% from 3Q 2023). Profit margin: 33% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: €0.087 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.087 (up from €0.08 in 2Q 2023). Revenue: €68.8m (up 1.0% from 2Q 2023). Net income: €23.4m (up 9.5% from 2Q 2023). Profit margin: 34% (up from 31% in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 03Full year 2023 earnings released: EPS: €0.32 (vs €0.28 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.28 in FY 2022). Revenue: €272.0m (up 11% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 27Full year 2023 earnings releasedFull year 2023 results: Revenue: €274.0m (up 12% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany.
Board Change • May 20High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. Chairman of the Board of Statutory Auditors Silvia Muzi is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 25Rai Way S.p.A. announces Annual dividend, payable on May 20, 2026Rai Way S.p.A. announced Annual dividend of EUR 0.3300 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.
お知らせ • Jan 22+ 3 more updatesRai Way S.p.A. to Report Fiscal Year 2025 Results on Mar 23, 2026Rai Way S.p.A. announced that they will report fiscal year 2025 results on Mar 23, 2026
お知らせ • Mar 21Rai Way S.p.A. announces Annual dividend, payable on May 21, 2025Rai Way S.p.A. announced Annual dividend of EUR 0.3340 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
お知らせ • Jan 30+ 3 more updatesRai Way S.p.A. to Report Q1, 2025 Results on May 14, 2025Rai Way S.p.A. announced that they will report Q1, 2025 results on May 14, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.084 (vs €0.093 in 3Q 2023)Third quarter 2024 results: EPS: €0.084 (down from €0.093 in 3Q 2023). Revenue: €70.6m (up 3.5% from 3Q 2023). Net income: €23.4m (down 6.3% from 3Q 2023). Profit margin: 33% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 93% Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk High level of debt (76% net debt to equity).
New Risk • Aug 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 76% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 93% Minor Risk High level of debt (76% net debt to equity).
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: €0.087 (vs €0.08 in 2Q 2023)Second quarter 2024 results: EPS: €0.087 (up from €0.08 in 2Q 2023). Revenue: €68.8m (up 1.0% from 2Q 2023). Net income: €23.4m (up 9.5% from 2Q 2023). Profit margin: 34% (up from 31% in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • May 19High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Member of Statutory Auditor Giovanni Caravetta was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 13Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio and cash payout ratio are on the higher end at 100% and 81% respectively. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.2%).
Reported Earnings • May 03Full year 2023 earnings released: EPS: €0.32 (vs €0.28 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.28 in FY 2022). Revenue: €272.0m (up 11% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 27Full year 2023 earnings releasedFull year 2023 results: Revenue: €274.0m (up 12% from FY 2022). Net income: €86.7m (up 18% from FY 2022). Profit margin: 32% (up from 30% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany.
Buy Or Sell Opportunity • Feb 06Now 21% undervaluedOver the last 90 days, the stock has risen 5.7% to €4.90. The fair value is estimated to be €6.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.
お知らせ • Jan 27+ 4 more updatesRai Way S.p.A., Annual General Meeting, Apr 30, 2024Rai Way S.p.A., Annual General Meeting, Apr 30, 2024. Agenda: To consider approval of the Financial Statement as of 31 December 2023.
Buy Or Sell Opportunity • Jan 21Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at €4.77. The fair value is estimated to be €6.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.
Buying Opportunity • Dec 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be €6.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 8.4%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 0.6% per annum over the same time period.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €69.8m (up 8.0% from 3Q 2022). Net income: €24.9m (up 30% from 3Q 2022). Profit margin: 36% (up from 30% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Germany.
New Risk • Jul 31New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 69% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 106% Minor Risk High level of debt (69% net debt to equity).
Reported Earnings • Jul 30Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €68.7m (up 12% from 2Q 2022). Net income: €21.4m (up 18% from 2Q 2022). Profit margin: 31% (up from 30% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany.
お知らせ • Jun 28Rai Way S.p.A. to Report Q2, 2023 Results on Jul 27, 2023Rai Way S.p.A. announced that they will report Q2, 2023 results on Jul 27, 2023
Upcoming Dividend • May 22Upcoming dividend of €0.27 per share at 4.9% yieldEligible shareholders must have bought the stock before 29 May 2023. Payment date: 31 May 2023. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.0%).
お知らせ • May 10Rai Way S.p.A. to Report Q1, 2023 Results on May 11, 2023Rai Way S.p.A. announced that they will report Q1, 2023 results on May 11, 2023
Reported Earnings • Mar 20Full year 2022 earnings releasedFull year 2022 results: Revenue: €248.5m (up 7.9% from FY 2021). Net income: €73.7m (up 13% from FY 2021). Profit margin: 30% (up from 28% 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 1.9% growth forecast for the Telecom industry in Germany.
Reported Earnings • Mar 19Full year 2022 earnings releasedFull year 2022 results: Revenue: €248.5m (up 7.9% from FY 2021). Net income: €73.7m (up 13% from FY 2021). Profit margin: 30% (up from 28% 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 1.9% growth forecast for the Telecom industry in Germany.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Maurizio Rastrello was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 10EI Towers Pick Banks to Explore M&AEI Towers S.p. A have picked Credit Suisse and Mediobanca as advisers to look into a potential combination with state-controlled rival Rai Way S.p.A. (BIT:RWAY), two sources familiar with the matter said. The move shows how the companies are still looking to work out a long mooted tie-up despite uncertainty created by national elections in Italy next month. A potential deal could create a group worth more than €2 billion ($2.04 billion). EI Towers is 60%-owned by Italian infrastructure fund F2i and Italy’s top commercial broadcaster MediaForEurope (MFE), controlled by the family of former Prime Minister Silvio Berlusconi, holds the remaining 40%. “Things are in the very preliminary stage”, one of the sources said. A second source said other advisers are expected to join Mediobanca and Credit Suisse. A F2i spokesperson said no adviser has been formally appointed yet. MFE declined to comment. Under the decree, RAI can cut its stake in Rai Way as low as 30% but no lower, while keeping control of Rai Way’s infrastructure. A potential deal, whose key details need still to be finalised, could include an extraordinary payout for Rai Way and EI Towers investors, according to a report by Italian daily La Repubblica on August 9, 2022, which sent Rai Way shares up as much as 7% on the day.
Reported Earnings • Jul 31Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €61.4m (up 8.1% from 2Q 2021). Net income: €18.2m (up 11% from 2Q 2021). Profit margin: 30% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.4%, compared to a 2.0% growth forecast for the industry in Germany.
Board Change • Jun 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Maurizio Rastrello was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • May 16Upcoming dividend of €0.24 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 4.3%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (3.4%).
Board Change • May 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Maurizio Rastrello was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 31RaiWay Announces Board ChangesRaiWay has announced the appointment of Maurizio Rastrello as the new chairman of its board of directors, replacing Giuseppe Pasciucco, who has stepped down for personal reasons. The tower unit of Italian state broadcaster Rai said Rastrello and Roberta Enni will take over as directors from Pasciucco and Stefano Cicotti, who also stepped down last week.
Buying Opportunity • Mar 05Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be €6.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.0% per annum over the last 3 years.
お知らせ • Feb 16Rai Way S.p.A. to Report Fiscal Year 2021 Results on Mar 17, 2022Rai Way S.p.A. announced that they will report fiscal year 2021 results on Mar 17, 2022
Reported Earnings • Nov 14Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €58.4m (up 2.6% from 3Q 2020). Net income: €19.6m (up 8.4% from 3Q 2020). Profit margin: 34% (up from 32% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €57.2m (up 2.9% from 2Q 2020). Net income: €16.3m (down 2.8% from 2Q 2020). Profit margin: 28% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • May 17Upcoming dividend of €0.24 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 26 May 2021. Trailing yield: 4.7%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.0%).
Reported Earnings • Apr 07Full year 2020 earnings released: EPS €0.24 (vs €0.23 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €224.5m (up 1.0% from FY 2019). Net income: €64.0m (up 1.0% from FY 2019). Profit margin: 28% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
Reported Earnings • Mar 20Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €225.0m (up 1.2% from FY 2019). Net income: €64.0m (up 1.0% from FY 2019). Profit margin: 28% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.
Is New 90 Day High Low • Feb 21New 90-day low: €4.83The company is down 12% from its price of €5.51 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.08 per share.
お知らせ • Jan 31+ 3 more updatesRai Way S.p.A. to Report Q1, 2021 Results on May 13, 2021Rai Way S.p.A. announced that they will report Q1, 2021 results on May 13, 2021
Is New 90 Day High Low • Jan 27New 90-day low: €5.05The company is down 4.0% from its price of €5.28 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.57 per share.
Is New 90 Day High Low • Dec 22New 90-day high: €5.63The company is up 7.0% from its price of €5.25 on 23 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.80 per share.
Analyst Estimate Surprise Post Earnings • Nov 16Revenue beats expectationsRevenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 2.2%, compared to a 2.2% growth forecast for the Media industry in Germany.
Is New 90 Day High Low • Oct 19New 90-day low: €5.19The company is down 10.0% from its price of €5.79 on 21 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.79 per share.
Is New 90 Day High Low • Sep 24New 90-day low: €5.25The company is down 9.0% from its price of €5.74 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.68 per share.