View ValuationÖsterreichische Post 将来の成長Future 基準チェック /16Österreichische Post利益と収益がそれぞれ年間8.3%と3.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に18.3% 8.3%なると予測されています。主要情報8.3%収益成長率8.35%EPS成長率Logistics 収益成長17.0%収益成長率3.4%将来の株主資本利益率18.25%アナリストカバレッジLow最終更新日13 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • May 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 100% 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: Minor Risks High level of debt (100% net debt to equity). Dividend is not well covered by earnings (113% payout ratio).Reported Earnings • May 11First quarter 2026 earnings released: EPS: €0.22 (vs €0.56 in 1Q 2025)First quarter 2026 results: EPS: €0.22 (down from €0.56 in 1Q 2025). Revenue: €802.7m (up 5.1% from 1Q 2025). Net income: €14.9m (down 61% from 1Q 2025). Profit margin: 1.9% (down from 5.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Apr 17Upcoming dividend of €1.83 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 29 April 2026. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.4%).Declared Dividend • Mar 15Dividend of €1.83 announcedDividend of €1.83 is the same as last year. Ex-date: 24th April 2026 Payment date: 29th April 2026 Dividend yield will be 5.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 3.6% to bring the payout ratio under control. EPS is expected to grow by 7.3% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: €1.96 (vs €2.04 in FY 2024)Full year 2025 results: EPS: €1.96 (down from €2.04 in FY 2024). Revenue: €3.16b (up 1.0% from FY 2024). Net income: €132.2m (down 4.1% from FY 2024). Profit margin: 4.2% (down from 4.4% in FY 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.お知らせ • Mar 13Österreichische Post AG announces Annual dividend, payable on April 29, 2026Österreichische Post AG announced Annual dividend of EUR 1.8300 per share payable on April 29, 2026, ex-date on April 24, 2026 and record date on April 27, 2026.お知らせ • Jan 28The Platform Group AG (XTRA:TPG0) signed an agreement to acquire AEP GmbH from Österreichische Post AG (WBAG:POST) and a group of shareholders.The Platform Group AG (XTRA:TPG0) signed an agreement to acquire AEP GmbH from Österreichische Post AG (WBAG:POST) and a group of shareholders on January 26, 2026. The acquisition will be financed based on a clearly defined financing concept, combining internal funds, equity and debt capital. By March 2026, the Management Board intends to implement an adjusted and sustainable financing structure in connection with the acquisition of AEP. In this context, the Platform Group has resolved on two capital increases excluding subscription rights, comprising a total of 2 million new shares to be placed with long-term investors, with gross proceeds of €9.8 million. Registration in the commercial register is expected by February 2026. For the period ending December 31, 2025, AEP GmbH reported total revenue of €1 billion. Following the acquisition, The Platform Group intends to establish the pharmaceutical business as a standalone segment. Going forward, this segment will operate under the name Pharma & Service Goods. In addition, the pharmaceutical activities are to be organized as a fully independent business unit with its own dedicated management team. Following closing, The Platform Group intends to bundle its existing pharmaceutical and pharmacy-related activities under the umbrella brand “Pharma Group.” This will include AEP, ApoNow, apothekia, and the Doc.Green platform. The transaction is subject to regulatory approval, German Federal Cartel Office approval and the fulfillment of customary closing conditions. The transaction is expected to close in the first to second quarter of 2026.お知らせ • Dec 09Österreichische Post AG, Annual General Meeting, Apr 15, 2026Österreichische Post AG, Annual General Meeting, Apr 15, 2026.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: €0.42 (vs €0.37 in 3Q 2024)Third quarter 2025 results: EPS: €0.42 (up from €0.37 in 3Q 2024). Revenue: €751.4m (up 2.6% from 3Q 2024). Net income: €28.9m (up 16% from 3Q 2024). Profit margin: 3.8% (up from 3.4% in 3Q 2024). 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 3.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.New Risk • Aug 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Paying a dividend despite having no free cash flows. High level of non-cash earnings (34% accrual ratio).Reported Earnings • Aug 11Second quarter 2025 earnings released: EPS: €0.43 (vs €0.53 in 2Q 2024)Second quarter 2025 results: EPS: €0.43 (down from €0.53 in 2Q 2024). Revenue: €752.7m (flat on 2Q 2024). Net income: €28.9m (down 19% from 2Q 2024). Profit margin: 3.8% (down from 4.8% in 2Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.お知らせ • Aug 09+ 3 more updatesÖsterreichische Post AG to Report First Half, 2026 Results on Aug 07, 2026Österreichische Post AG announced that they will report first half, 2026 results on Aug 07, 2026New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows.Upcoming Dividend • Apr 09Upcoming dividend of €1.83 per shareEligible shareholders must have bought the stock before 16 April 2025. Payment date: 23 April 2025. Payout ratio is on the higher end at 90% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.1%).Declared Dividend • Mar 13Dividend increased to €1.83Dividend of €1.83 is 2.8% higher than last year. Ex-date: 16th April 2025 Payment date: 23rd April 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (89.6% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share is expected to remain steady over the next 2 years. This means the payout ratio will remain close to the sustainable range and the dividend may be at risk.New Risk • Mar 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: €2.04 (vs €1.96 in FY 2023)Full year 2024 results: EPS: €2.04 (up from €1.96 in FY 2023). Revenue: €3.23b (up 18% from FY 2023). Net income: €137.9m (up 4.0% from FY 2023). Profit margin: 4.3% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 6.2% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.お知らせ • Jan 27Österreichische Post AG, Annual General Meeting, Apr 09, 2025Österreichische Post AG, Annual General Meeting, Apr 09, 2025.New Risk • Nov 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 101% 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 Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks High level of debt (101% net debt to equity). Dividend is not well covered by cash flows (157% cash payout ratio).Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: €0.37 (vs €0.17 in 3Q 2023)Third quarter 2024 results: EPS: €0.37 (up from €0.17 in 3Q 2023). Revenue: €760.5m (up 11% from 3Q 2023). Net income: €24.9m (up 118% from 3Q 2023). Profit margin: 3.3% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 20+ 3 more updatesÖsterreichische Post AG to Report Fiscal Year 2024 Results on Mar 07, 2025Österreichische Post AG announced that they will report fiscal year 2024 results on Mar 07, 2025Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: €0.67 (vs €0.67 in 2Q 2023)Second quarter 2024 results: EPS: €0.67 (down from €0.67 in 2Q 2023). Revenue: €639.6m (up 3.1% from 2Q 2023). Net income: €45.5m (flat on 2Q 2023). Profit margin: 7.1% (down from 7.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 13First quarter 2024 earnings released: EPS: €0.59 (vs €0.46 in 1Q 2023)First quarter 2024 results: EPS: €0.59 (up from €0.46 in 1Q 2023). Revenue: €782.2m (up 18% from 1Q 2023). Net income: €41.6m (up 34% from 1Q 2023). Profit margin: 5.3% (up from 4.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.Upcoming Dividend • Apr 19Upcoming dividend of €1.78 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 02 May 2024. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%).Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €1.96 (vs €1.86 in FY 2022)Full year 2023 results: EPS: €1.96 (up from €1.86 in FY 2022). Revenue: €2.84b (up 13% from FY 2022). Net income: €132.6m (up 5.5% from FY 2022). Profit margin: 4.7% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.Buy Or Sell Opportunity • Jan 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.4% to €31.45. The fair value is estimated to be €26.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.5% in 2 years. Earnings are forecast to decline by 4.1% in the next 2 years.お知らせ • Dec 19Österreichische Post AG Appoints Walter Oblin as CEO, Effective 1 October 2024At its meeting on 18 December 2023, the Supervisory Board of Austrian Post appointed Walter Oblin as Chairman of the Management Board and CEO of Austrian Post. The appointment takes effect on 1 October 2024. Walter Oblin has been with the company since 1 October 2009 and has been Chief Financial Officer of Austrian Post since 1 July 2012. On 1 January 2019, he was appointed Deputy Chief Executive Officer and, in addition to his role as Management Board Member responsible for Finance, also took on responsibility for the Mail Division. Walter Oblin will continue in his current role as Management Board Member responsible for Finance and Mail (CFO) until he takes over the position of the Chairman of the Management Board.お知らせ • Aug 12+ 1 more updateÖsterreichische Post AG, Annual General Meeting, Apr 18, 2024Österreichische Post AG, Annual General Meeting, Apr 18, 2024.業績と収益の成長予測XTRA:O3P - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20283,335141203363212/31/20273,268135194349312/31/20263,13812919134423/31/20263,063109295436N/A12/31/20253,056132218362N/A9/30/20253,107133-6152N/A6/30/20253,115129-195-35N/A3/31/20253,137136-12539N/A12/31/20243,132138-40122N/A9/30/20243,01514577240N/A6/30/20242,967131265429N/A3/31/20242,841141287452N/A12/31/20232,74713390255N/A9/30/20232,679129-24139N/A6/30/20232,598146-270-114N/A3/31/20232,588126-282-110N/A12/31/20222,525126-251-80N/A9/30/20222,506131-248-65N/A6/30/20222,47412969257N/A3/31/20222,479135169349N/A12/31/20212,525152317493N/A9/30/20212,538155436628N/A6/30/20212,483154536708N/A3/31/20212,346138596760N/A12/31/20202,202118565733N/A9/30/20202,081116477616N/A6/30/20202,046112370510N/A3/31/20202,056132183352N/A12/31/20192,046146N/A327N/A9/30/20192,027139N/A272N/A6/30/20192,007147N/A246N/A3/31/20191,983145N/A192N/A12/31/20181,981144N/A296N/A9/30/20181,954164N/A342N/A6/30/20181,944165N/A320N/A3/31/20181,944167N/A370N/A12/31/20171,942165N/A256N/A9/30/20171,927158N/A231N/A6/30/20171,915155N/A223N/A3/31/20171,929155N/A225N/A12/31/20162,033153N/A224N/A9/30/20162,16768N/A222N/A6/30/20162,29968N/A218N/A3/31/20162,39666N/A217N/A12/31/20152,40371N/A216N/A9/30/20152,379151N/A221N/A6/30/20152,368151N/A244N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: O3Pの予測収益成長率 (年間8.3% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: O3Pの収益 ( 8.3% ) German市場 ( 17% ) よりも低い成長が予測されています。高成長収益: O3Pの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: O3Pの収益 ( 3.4% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: O3Pの収益 ( 3.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: O3Pの 自己資本利益率 は、3年後には低くなると予測されています ( 18.3 %)。成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/18 20:56終値2026/06/18 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Österreichische Post AG 3 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Marco LimiteBarclaysWilliam Fitzalan HowardBerenbergOthmane BrichaBofA Global Research13 その他のアナリストを表示
New Risk • May 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 100% 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: Minor Risks High level of debt (100% net debt to equity). Dividend is not well covered by earnings (113% payout ratio).
Reported Earnings • May 11First quarter 2026 earnings released: EPS: €0.22 (vs €0.56 in 1Q 2025)First quarter 2026 results: EPS: €0.22 (down from €0.56 in 1Q 2025). Revenue: €802.7m (up 5.1% from 1Q 2025). Net income: €14.9m (down 61% from 1Q 2025). Profit margin: 1.9% (down from 5.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Apr 17Upcoming dividend of €1.83 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 29 April 2026. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.4%).
Declared Dividend • Mar 15Dividend of €1.83 announcedDividend of €1.83 is the same as last year. Ex-date: 24th April 2026 Payment date: 29th April 2026 Dividend yield will be 5.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 3.6% to bring the payout ratio under control. EPS is expected to grow by 7.3% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: €1.96 (vs €2.04 in FY 2024)Full year 2025 results: EPS: €1.96 (down from €2.04 in FY 2024). Revenue: €3.16b (up 1.0% from FY 2024). Net income: €132.2m (down 4.1% from FY 2024). Profit margin: 4.2% (down from 4.4% in FY 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.
お知らせ • Mar 13Österreichische Post AG announces Annual dividend, payable on April 29, 2026Österreichische Post AG announced Annual dividend of EUR 1.8300 per share payable on April 29, 2026, ex-date on April 24, 2026 and record date on April 27, 2026.
お知らせ • Jan 28The Platform Group AG (XTRA:TPG0) signed an agreement to acquire AEP GmbH from Österreichische Post AG (WBAG:POST) and a group of shareholders.The Platform Group AG (XTRA:TPG0) signed an agreement to acquire AEP GmbH from Österreichische Post AG (WBAG:POST) and a group of shareholders on January 26, 2026. The acquisition will be financed based on a clearly defined financing concept, combining internal funds, equity and debt capital. By March 2026, the Management Board intends to implement an adjusted and sustainable financing structure in connection with the acquisition of AEP. In this context, the Platform Group has resolved on two capital increases excluding subscription rights, comprising a total of 2 million new shares to be placed with long-term investors, with gross proceeds of €9.8 million. Registration in the commercial register is expected by February 2026. For the period ending December 31, 2025, AEP GmbH reported total revenue of €1 billion. Following the acquisition, The Platform Group intends to establish the pharmaceutical business as a standalone segment. Going forward, this segment will operate under the name Pharma & Service Goods. In addition, the pharmaceutical activities are to be organized as a fully independent business unit with its own dedicated management team. Following closing, The Platform Group intends to bundle its existing pharmaceutical and pharmacy-related activities under the umbrella brand “Pharma Group.” This will include AEP, ApoNow, apothekia, and the Doc.Green platform. The transaction is subject to regulatory approval, German Federal Cartel Office approval and the fulfillment of customary closing conditions. The transaction is expected to close in the first to second quarter of 2026.
お知らせ • Dec 09Österreichische Post AG, Annual General Meeting, Apr 15, 2026Österreichische Post AG, Annual General Meeting, Apr 15, 2026.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: €0.42 (vs €0.37 in 3Q 2024)Third quarter 2025 results: EPS: €0.42 (up from €0.37 in 3Q 2024). Revenue: €751.4m (up 2.6% from 3Q 2024). Net income: €28.9m (up 16% from 3Q 2024). Profit margin: 3.8% (up from 3.4% in 3Q 2024). 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 3.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year.
New Risk • Aug 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Paying a dividend despite having no free cash flows. High level of non-cash earnings (34% accrual ratio).
Reported Earnings • Aug 11Second quarter 2025 earnings released: EPS: €0.43 (vs €0.53 in 2Q 2024)Second quarter 2025 results: EPS: €0.43 (down from €0.53 in 2Q 2024). Revenue: €752.7m (flat on 2Q 2024). Net income: €28.9m (down 19% from 2Q 2024). Profit margin: 3.8% (down from 4.8% in 2Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Aug 09+ 3 more updatesÖsterreichische Post AG to Report First Half, 2026 Results on Aug 07, 2026Österreichische Post AG announced that they will report first half, 2026 results on Aug 07, 2026
New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows.
Upcoming Dividend • Apr 09Upcoming dividend of €1.83 per shareEligible shareholders must have bought the stock before 16 April 2025. Payment date: 23 April 2025. Payout ratio is on the higher end at 90% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.1%).
Declared Dividend • Mar 13Dividend increased to €1.83Dividend of €1.83 is 2.8% higher than last year. Ex-date: 16th April 2025 Payment date: 23rd April 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (89.6% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share is expected to remain steady over the next 2 years. This means the payout ratio will remain close to the sustainable range and the dividend may be at risk.
New Risk • Mar 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: €2.04 (vs €1.96 in FY 2023)Full year 2024 results: EPS: €2.04 (up from €1.96 in FY 2023). Revenue: €3.23b (up 18% from FY 2023). Net income: €137.9m (up 4.0% from FY 2023). Profit margin: 4.3% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 6.2% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.
お知らせ • Jan 27Österreichische Post AG, Annual General Meeting, Apr 09, 2025Österreichische Post AG, Annual General Meeting, Apr 09, 2025.
New Risk • Nov 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 101% 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 Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks High level of debt (101% net debt to equity). Dividend is not well covered by cash flows (157% cash payout ratio).
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: €0.37 (vs €0.17 in 3Q 2023)Third quarter 2024 results: EPS: €0.37 (up from €0.17 in 3Q 2023). Revenue: €760.5m (up 11% from 3Q 2023). Net income: €24.9m (up 118% from 3Q 2023). Profit margin: 3.3% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 20+ 3 more updatesÖsterreichische Post AG to Report Fiscal Year 2024 Results on Mar 07, 2025Österreichische Post AG announced that they will report fiscal year 2024 results on Mar 07, 2025
Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: €0.67 (vs €0.67 in 2Q 2023)Second quarter 2024 results: EPS: €0.67 (down from €0.67 in 2Q 2023). Revenue: €639.6m (up 3.1% from 2Q 2023). Net income: €45.5m (flat on 2Q 2023). Profit margin: 7.1% (down from 7.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 13First quarter 2024 earnings released: EPS: €0.59 (vs €0.46 in 1Q 2023)First quarter 2024 results: EPS: €0.59 (up from €0.46 in 1Q 2023). Revenue: €782.2m (up 18% from 1Q 2023). Net income: €41.6m (up 34% from 1Q 2023). Profit margin: 5.3% (up from 4.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.
Upcoming Dividend • Apr 19Upcoming dividend of €1.78 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 02 May 2024. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%).
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €1.96 (vs €1.86 in FY 2022)Full year 2023 results: EPS: €1.96 (up from €1.86 in FY 2022). Revenue: €2.84b (up 13% from FY 2022). Net income: €132.6m (up 5.5% from FY 2022). Profit margin: 4.7% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
Buy Or Sell Opportunity • Jan 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.4% to €31.45. The fair value is estimated to be €26.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.5% in 2 years. Earnings are forecast to decline by 4.1% in the next 2 years.
お知らせ • Dec 19Österreichische Post AG Appoints Walter Oblin as CEO, Effective 1 October 2024At its meeting on 18 December 2023, the Supervisory Board of Austrian Post appointed Walter Oblin as Chairman of the Management Board and CEO of Austrian Post. The appointment takes effect on 1 October 2024. Walter Oblin has been with the company since 1 October 2009 and has been Chief Financial Officer of Austrian Post since 1 July 2012. On 1 January 2019, he was appointed Deputy Chief Executive Officer and, in addition to his role as Management Board Member responsible for Finance, also took on responsibility for the Mail Division. Walter Oblin will continue in his current role as Management Board Member responsible for Finance and Mail (CFO) until he takes over the position of the Chairman of the Management Board.
お知らせ • Aug 12+ 1 more updateÖsterreichische Post AG, Annual General Meeting, Apr 18, 2024Österreichische Post AG, Annual General Meeting, Apr 18, 2024.