View ValuationVERBUND 将来の成長Future 基準チェック /06VERBUNDの収益と利益は、それぞれ年間8.2%と6.1%減少すると予測されています。EPS は年間5.9%で 減少すると予想されています。自己資本利益率は 3 年後に8.5%になると予測されています。主要情報-6.1%収益成長率-5.87%EPS成長率Electric Utilities 収益成長8.1%収益成長率-8.2%将来の株主資本利益率8.51%アナリストカバレッジGood最終更新日01 May 2026今後の成長に関する最新情報お知らせ • Mar 22VERBUND AG Provides Earnings Guidance for the Year 2025VERBUND AG provided earnings guidance for the year 2025. The company expects group result of between around €1,350 million and €1,750 million in financial year 2025.すべての更新を表示Recent updatesUpcoming Dividend • Apr 21Upcoming dividend of €3.15 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.7%).お知らせ • Mar 19VERBUND AG announces Annual dividend, payable on May 11, 2026VERBUND AG announced Annual dividend of EUR 2.0000 per share payable on May 11, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: €4.29 (vs €5.40 in FY 2024)Full year 2025 results: EPS: €4.29 (down from €5.40 in FY 2024). Revenue: €8.15b (down 1.3% from FY 2024). Net income: €1.49b (down 21% from FY 2024). Profit margin: 18% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Dec 09VERBUND AG, Annual General Meeting, Apr 21, 2026VERBUND AG, Annual General Meeting, Apr 21, 2026.Declared Dividend • Dec 07Dividend reduced to €1.15Dividend of €1.15 is 59% lower than last year. Ex-date: 28th April 2026 Payment date: 11th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.お知らせ • Dec 04VERBUND AG Proposes Special Dividend for the Financial Year 2025The Executive Board of VERBUND AG has resolved to propose to the 2026 Annual General Meeting a special dividend of €1.15 per share for financial year 2025 in addition to the regular dividend. The special dividend equates to an amount of approximately €400 million and supports shareholder-orientated capital allocation.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: €1.18 (vs €1.37 in 3Q 2024)Third quarter 2025 results: EPS: €1.18 (down from €1.37 in 3Q 2024). Revenue: €1.84b (down 5.4% from 3Q 2024). Net income: €409.5m (down 14% from 3Q 2024). Profit margin: 22% (down from 25% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Oct 11+ 3 more updatesVERBUND AG to Report Fiscal Year 2025 Results on Mar 18, 2026VERBUND AG announced that they will report fiscal year 2025 results on Mar 18, 2026Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €1.17 (vs €1.16 in 2Q 2024)Second quarter 2025 results: EPS: €1.17 (up from €1.16 in 2Q 2024). Revenue: €1.81b (down 4.1% from 2Q 2024). Net income: €406.0m (flat on 2Q 2024). Profit margin: 23% (up from 21% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: €1.14 (vs €1.46 in 1Q 2024)First quarter 2025 results: EPS: €1.14 (down from €1.46 in 1Q 2024). Revenue: €2.30b (up 14% from 1Q 2024). Net income: €396.7m (down 22% from 1Q 2024). Profit margin: 17% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 29Upcoming dividend of €2.80 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (4.7%).Declared Dividend • Mar 23Dividend reduced to €2.80Dividend of €2.80 is 33% lower than last year. Ex-date: 6th May 2025 Payment date: 19th May 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 30% over the next 3 years. Since a fall of 22% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.お知らせ • Mar 22VERBUND AG Provides Earnings Guidance for the Year 2025VERBUND AG provided earnings guidance for the year 2025. The company expects group result of between around €1,350 million and €1,750 million in financial year 2025.お知らせ • Mar 21VERBUND AG announces Annual dividend, payable on May 19, 2025VERBUND AG announced Annual dividend of EUR 2.8000 per share payable on May 19, 2025, ex-date on May 06, 2025 and record date on May 07, 2025.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: €5.40 (vs €6.52 in FY 2023)Full year 2024 results: EPS: €5.40 (down from €6.52 in FY 2023). Revenue: €8.38b (down 20% from FY 2023). Net income: €1.88b (down 17% from FY 2023). Profit margin: 22% (in line with FY 2023). Revenue is expected to decline by 9.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Jan 27VERBUND AG, Annual General Meeting, Apr 29, 2025VERBUND AG, Annual General Meeting, Apr 29, 2025.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: €1.37 (vs €2.00 in 3Q 2023)Third quarter 2024 results: EPS: €1.37 (down from €2.00 in 3Q 2023). Revenue: €1.97b (down 36% from 3Q 2023). Net income: €477.1m (down 31% from 3Q 2023). Profit margin: 24% (up from 22% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Oct 15+ 2 more updatesVERBUND AG to Report Q1, 2025 Results on May 14, 2025VERBUND AG announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 14, 2025お知らせ • Oct 14VERBUND AG to Report Fiscal Year 2024 Results on Mar 20, 2025VERBUND AG announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 20, 2025お知らせ • Aug 27VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH.VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024. The Solavolta brand name will remain. VERBUND AG (WBAG:VER) completed the acquisition of remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024.Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: €1.16 (vs €2.18 in 2Q 2023)Second quarter 2024 results: EPS: €1.16 (down from €2.18 in 2Q 2023). Revenue: €1.91b (down 45% from 2Q 2023). Net income: €404.0m (down 47% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Revenue is expected to decline by 8.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • May 09First quarter 2024 earnings released: EPS: €1.46 (vs €1.52 in 1Q 2023)First quarter 2024 results: EPS: €1.46 (down from €1.52 in 1Q 2023). Revenue: €2.05b (down 37% from 1Q 2023). Net income: €506.0m (down 4.3% from 1Q 2023). Profit margin: 25% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 17% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 30Upcoming dividend of €4.15 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.8%).Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.6b (up 1.9% from FY 2022). Net income: €2.27b (up 32% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to decline by 20% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.Buy Or Sell Opportunity • Feb 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €71.75. The fair value is estimated to be €90.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to decline by 18% per annum. Earnings are also forecast to decline by 14% per annum over the same time period.New Risk • Nov 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Oct 27VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX).VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023. The wind portfolio comprises five operational wind farms with a total capacity of 38.4 MW (Oedelum, Quelkhorn, Mariengarten, Münster and Frielendorf Süd) as well as a 18 MW wind project in Feldatal that is planned to come on stream in quarter 3/2024. VERBUND will only take over the project under construction after commissioning.VERBUND AG completed the acquisition of 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023.お知らせ • Sep 28VERBUND AG, Annual General Meeting, Apr 30, 2024VERBUND AG, Annual General Meeting, Apr 30, 2024.お知らせ • Sep 27+ 2 more updatesVERBUND AG to Report Q1, 2024 Results on May 08, 2024VERBUND AG announced that they will report Q1, 2024 results on May 08, 2024お知らせ • Jul 26VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L.VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023. VERBUND has acquired Operative wind power plants in Spain for an enterprise value of approximately €0.46 billion. VERBUND AG (WBAG:VER) completed the acquisition of Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023.業績と収益の成長予測XTRA:OEWA - 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12/31/20286,7361,1154242,137612/31/20277,5791,2442932,0901012/31/20267,5581,119-1721,952612/31/20258,0331,4895501,919N/A9/30/20258,2971,7001,3112,570N/A6/30/20258,4021,7681,5522,737N/A3/31/20258,5451,7661,7282,858N/A12/31/20248,2581,8752,1113,249N/A9/30/20246,5191,6732,1993,262N/A6/30/20247,6771,8892,5334,037N/A3/31/20249,2162,2433,1934,649N/A12/31/202310,4712,2663,6845,083N/A9/30/202312,5302,6323,6505,052N/A6/30/202312,3122,1873,0553,995N/A3/31/202311,0881,7322,1963,174N/A12/31/202210,3571,7179292,020N/A9/30/20229,5851,351-415708N/A6/30/20227,7951,366-474592N/A3/31/20226,5011,243-891104N/A12/31/20214,787874-75698N/A9/30/20213,754741145840N/A6/30/20213,4676463471,024N/A3/31/20213,0186204641,088N/A12/31/20203,4576315801,182N/A9/30/20203,6025826131,163N/A6/30/20203,6235276021,098N/A3/31/20203,9555336581,123N/A12/31/20193,9065558131,204N/A9/30/20193,426601N/A1,016N/A6/30/20193,303544N/A875N/A3/31/20193,140490N/A745N/A12/31/20182,680433N/A664N/A9/30/20182,835315N/A699N/A6/30/20182,813374N/A735N/A3/31/20182,854330N/A786N/A12/31/20172,916301N/A641N/A9/30/20172,845354N/A631N/A6/30/20172,822425N/A713N/A3/31/20172,810436N/A692N/A12/31/20162,806424N/A804N/A9/30/20162,999319N/A750N/A6/30/20163,038165N/A729N/A3/31/20163,103227N/A774N/A12/31/20152,982208N/A674N/A9/30/20152,902293N/A687N/A6/30/20152,874209N/A794N/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: OEWAの収益は今後 3 年間で減少すると予測されています (年間-6.1% )。収益対市場: OEWAの収益は今後 3 年間で減少すると予測されています (年間-6.1% )。高成長収益: OEWAの収益は今後 3 年間で減少すると予測されています。収益対市場: OEWAの収益は今後 3 年間で減少すると予想されています (年間-8.2% )。高い収益成長: OEWAの収益は今後 3 年間で減少すると予測されています (年間-8.2% )。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: OEWA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 ( 8.5 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 01:30終値2026/05/08 00:00収益2025/12/31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VERBUND AG 10 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。26 アナリスト機関Monica GirardiBarclaysPeter CramptonBarclaysAndrew FisherBerenberg23 その他のアナリストを表示
お知らせ • Mar 22VERBUND AG Provides Earnings Guidance for the Year 2025VERBUND AG provided earnings guidance for the year 2025. The company expects group result of between around €1,350 million and €1,750 million in financial year 2025.
Upcoming Dividend • Apr 21Upcoming dividend of €3.15 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.7%).
お知らせ • Mar 19VERBUND AG announces Annual dividend, payable on May 11, 2026VERBUND AG announced Annual dividend of EUR 2.0000 per share payable on May 11, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: €4.29 (vs €5.40 in FY 2024)Full year 2025 results: EPS: €4.29 (down from €5.40 in FY 2024). Revenue: €8.15b (down 1.3% from FY 2024). Net income: €1.49b (down 21% from FY 2024). Profit margin: 18% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Dec 09VERBUND AG, Annual General Meeting, Apr 21, 2026VERBUND AG, Annual General Meeting, Apr 21, 2026.
Declared Dividend • Dec 07Dividend reduced to €1.15Dividend of €1.15 is 59% lower than last year. Ex-date: 28th April 2026 Payment date: 11th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Dec 04VERBUND AG Proposes Special Dividend for the Financial Year 2025The Executive Board of VERBUND AG has resolved to propose to the 2026 Annual General Meeting a special dividend of €1.15 per share for financial year 2025 in addition to the regular dividend. The special dividend equates to an amount of approximately €400 million and supports shareholder-orientated capital allocation.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: €1.18 (vs €1.37 in 3Q 2024)Third quarter 2025 results: EPS: €1.18 (down from €1.37 in 3Q 2024). Revenue: €1.84b (down 5.4% from 3Q 2024). Net income: €409.5m (down 14% from 3Q 2024). Profit margin: 22% (down from 25% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Oct 11+ 3 more updatesVERBUND AG to Report Fiscal Year 2025 Results on Mar 18, 2026VERBUND AG announced that they will report fiscal year 2025 results on Mar 18, 2026
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €1.17 (vs €1.16 in 2Q 2024)Second quarter 2025 results: EPS: €1.17 (up from €1.16 in 2Q 2024). Revenue: €1.81b (down 4.1% from 2Q 2024). Net income: €406.0m (flat on 2Q 2024). Profit margin: 23% (up from 21% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: €1.14 (vs €1.46 in 1Q 2024)First quarter 2025 results: EPS: €1.14 (down from €1.46 in 1Q 2024). Revenue: €2.30b (up 14% from 1Q 2024). Net income: €396.7m (down 22% from 1Q 2024). Profit margin: 17% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 29Upcoming dividend of €2.80 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (4.7%).
Declared Dividend • Mar 23Dividend reduced to €2.80Dividend of €2.80 is 33% lower than last year. Ex-date: 6th May 2025 Payment date: 19th May 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 30% over the next 3 years. Since a fall of 22% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
お知らせ • Mar 22VERBUND AG Provides Earnings Guidance for the Year 2025VERBUND AG provided earnings guidance for the year 2025. The company expects group result of between around €1,350 million and €1,750 million in financial year 2025.
お知らせ • Mar 21VERBUND AG announces Annual dividend, payable on May 19, 2025VERBUND AG announced Annual dividend of EUR 2.8000 per share payable on May 19, 2025, ex-date on May 06, 2025 and record date on May 07, 2025.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: €5.40 (vs €6.52 in FY 2023)Full year 2024 results: EPS: €5.40 (down from €6.52 in FY 2023). Revenue: €8.38b (down 20% from FY 2023). Net income: €1.88b (down 17% from FY 2023). Profit margin: 22% (in line with FY 2023). Revenue is expected to decline by 9.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Jan 27VERBUND AG, Annual General Meeting, Apr 29, 2025VERBUND AG, Annual General Meeting, Apr 29, 2025.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: €1.37 (vs €2.00 in 3Q 2023)Third quarter 2024 results: EPS: €1.37 (down from €2.00 in 3Q 2023). Revenue: €1.97b (down 36% from 3Q 2023). Net income: €477.1m (down 31% from 3Q 2023). Profit margin: 24% (up from 22% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Oct 15+ 2 more updatesVERBUND AG to Report Q1, 2025 Results on May 14, 2025VERBUND AG announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 14, 2025
お知らせ • Oct 14VERBUND AG to Report Fiscal Year 2024 Results on Mar 20, 2025VERBUND AG announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 20, 2025
お知らせ • Aug 27VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH.VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024. The Solavolta brand name will remain. VERBUND AG (WBAG:VER) completed the acquisition of remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024.
Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: €1.16 (vs €2.18 in 2Q 2023)Second quarter 2024 results: EPS: €1.16 (down from €2.18 in 2Q 2023). Revenue: €1.91b (down 45% from 2Q 2023). Net income: €404.0m (down 47% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Revenue is expected to decline by 8.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: €1.46 (vs €1.52 in 1Q 2023)First quarter 2024 results: EPS: €1.46 (down from €1.52 in 1Q 2023). Revenue: €2.05b (down 37% from 1Q 2023). Net income: €506.0m (down 4.3% from 1Q 2023). Profit margin: 25% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 17% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 30Upcoming dividend of €4.15 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.8%).
Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.6b (up 1.9% from FY 2022). Net income: €2.27b (up 32% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to decline by 20% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
Buy Or Sell Opportunity • Feb 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €71.75. The fair value is estimated to be €90.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to decline by 18% per annum. Earnings are also forecast to decline by 14% per annum over the same time period.
New Risk • Nov 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Oct 27VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX).VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023. The wind portfolio comprises five operational wind farms with a total capacity of 38.4 MW (Oedelum, Quelkhorn, Mariengarten, Münster and Frielendorf Süd) as well as a 18 MW wind project in Feldatal that is planned to come on stream in quarter 3/2024. VERBUND will only take over the project under construction after commissioning.VERBUND AG completed the acquisition of 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023.
お知らせ • Sep 28VERBUND AG, Annual General Meeting, Apr 30, 2024VERBUND AG, Annual General Meeting, Apr 30, 2024.
お知らせ • Sep 27+ 2 more updatesVERBUND AG to Report Q1, 2024 Results on May 08, 2024VERBUND AG announced that they will report Q1, 2024 results on May 08, 2024
お知らせ • Jul 26VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L.VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023. VERBUND has acquired Operative wind power plants in Spain for an enterprise value of approximately €0.46 billion. VERBUND AG (WBAG:VER) completed the acquisition of Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023.