View ValuationElia Group 将来の成長Future 基準チェック /26Elia Group利益と収益がそれぞれ年間14.6%と13.8%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8.6% 13.2%なると予測されています。主要情報14.6%収益成長率13.23%EPS成長率Electric Utilities 収益成長7.4%収益成長率13.8%将来の株主資本利益率8.60%アナリストカバレッジGood最終更新日09 Jun 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 updatesUpcoming Dividend • May 22Upcoming dividend of €1.44 per shareEligible shareholders must have bought the stock before 29 May 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.7%).Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Non-Executive Independent Director Michel Sirat was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 02Elia Group SA/NV announces Annual dividend, payable on June 02, 2026Elia Group SA/NV announced Annual dividend of EUR 1.4350 per share payable on June 02, 2026, ex-date on May 29, 2026 and record date on June 01, 2026.お知らせ • Mar 07+ 1 more updateElia Group SA/NV to Report First Half, 2026 Results on Jul 29, 2026Elia Group SA/NV announced that they will report first half, 2026 results on Jul 29, 2026お知らせ • Jul 28+ 2 more updatesElia Group SA/NV to Report Fiscal Year 2025 Final Results on Apr 17, 2026Elia Group SA/NV announced that they will report fiscal year 2025 final results on Apr 17, 2026お知らせ • Apr 04Elia Group SA/NV has completed a Follow-on Equity Offering in the amount of €1.349883 billion.Elia Group SA/NV has completed a Follow-on Equity Offering in the amount of €1.349883 billion. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,463,396 Price\Range: €61.88 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,351,125 Price\Range: €61.88 Transaction Features: Regulation S; Rights Offering; Rule 144Aお知らせ • Mar 27Elia Group SA/NV has filed a Follow-on Equity Offering in the amount of €1.349883 billion.Elia Group SA/NV has filed a Follow-on Equity Offering in the amount of €1.349883 billion. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 21,814,521 Price\Range: €61.88 Transaction Features: Rights Offering; Rule 144Aお知らせ • Mar 19Elia Group SA/NV announces Annual dividend, payable on June 02, 2025Elia Group SA/NV announced Annual dividend of EUR 1.4350 per share payable on June 02, 2025, ex-date on March 19, 2025 and record date on March 20, 2025.お知らせ • Feb 13Elia Group SA/NV, Annual General Meeting, May 20, 2025Elia Group SA/NV, Annual General Meeting, May 20, 2025.お知らせ • Jan 23Elia Group SA/NV to Report Q3, 2025 Results on Nov 28, 2025Elia Group SA/NV announced that they will report Q3, 2025 results on Nov 28, 2025お知らせ • Jan 08Elia Group SA/NV to Report First Half, 2025 Results on Jul 25, 2025Elia Group SA/NV announced that they will report first half, 2025 results on Jul 25, 2025Reported Earnings • Jul 25First half 2024 earnings released: EPS: €2.47 (vs €2.21 in 1H 2023)First half 2024 results: EPS: €2.47 (up from €2.21 in 1H 2023). Revenue: €1.79b (down 15% from 1H 2023). Net income: €181.6m (up 12% from 1H 2023). Profit margin: 10% (up from 7.8% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jul 24+ 2 more updatesElia Group SA/NV to Report Fiscal Year 2024 Results on Mar 07, 2025Elia Group SA/NV announced that they will report fiscal year 2024 results on Mar 07, 2025Declared Dividend • May 27Dividend of €1.39 announcedShareholders will receive a dividend of €1.39. Ex-date: 30th May 2024 Payment date: 3rd June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (45% 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 increased by an average of 2.6% 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 grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 21Full year 2023 earnings released: EPS: €4.42 (vs €4.80 in FY 2022)Full year 2023 results: EPS: €4.42 (down from €4.80 in FY 2022). Revenue: €3.84b (up 6.3% from FY 2022). Net income: €324.5m (down 5.0% from FY 2022). Profit margin: 8.4% (down from 9.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 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 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €4.41 (vs €4.80 in FY 2022)Full year 2023 results: EPS: €4.41. Revenue: €3.84b (up 6.3% from FY 2022). Net income: €355.5m (up 4.0% from FY 2022). Profit margin: 9.3% (down from 9.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.お知らせ • Jan 18Elia Group SA/NV to Report First Half, 2024 Results on Jul 24, 2024Elia Group SA/NV announced that they will report first half, 2024 results on Jul 24, 2024お知らせ • Oct 26Elia Group SA/NV to Report Q3, 2023 Results on Nov 24, 2023Elia Group SA/NV announced that they will report Q3, 2023 results on Nov 24, 2023Reported Earnings • Jul 29First half 2023 earnings released: EPS: €2.21 (vs €2.29 in 1H 2022)First half 2023 results: EPS: €2.21. Revenue: €2.10b (up 30% from 1H 2022). Net income: €162.5m (up 3.2% from 1H 2022). Profit margin: 7.8% (down from 9.7% in 1H 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.8% decline forecast for the Electric Utilities industry in Europe.New Risk • Jul 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Jun 20Elia Group SA/NV to Report Fiscal Year 2023 Results on Mar 06, 2024Elia Group SA/NV announced that they will report fiscal year 2023 results on Mar 06, 2024Upcoming Dividend • May 23Upcoming dividend of €1.34 per share at 1.6% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.9%).Reported Earnings • May 03Full year 2022 earnings released: EPS: €4.80 (vs €4.02 in FY 2021)Full year 2022 results: EPS: €4.80 (up from €4.02 in FY 2021). Revenue: €3.62b (up 42% from FY 2021). Net income: €341.7m (up 24% from FY 2021). Profit margin: 9.4% (down from 11% in FY 2021). Revenue is expected to fall by 1.3% p.a. on average during the next 2 years compared to a 4.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Mar 08Full year 2022 earnings released: EPS: €4.80 (vs €4.02 in FY 2021)Full year 2022 results: EPS: €4.80 (up from €4.02 in FY 2021). Revenue: €3.62b (up 42% from FY 2021). Net income: €361.0m (up 31% from FY 2021). Profit margin: 10.0% (in line with FY 2021). Revenue is expected to fall by 1.3% p.a. on average during the next 2 years compared to a 3.3% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.お知らせ • Dec 08Elia Group SA/NV to Report First Half, 2023 Results on Jul 26, 2023Elia Group SA/NV announced that they will report first half, 2023 results on Jul 26, 2023Reported Earnings • Jul 31First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €124.9m from profit in 1H 2021). Profit margin: (down from 10% in 1H 2021). Over the next year, revenue is forecast to decline by 4.9% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 20Elia Group SA/NV to Report Fiscal Year 2022 Final Results on Apr 14, 2023Elia Group SA/NV announced that they will report fiscal year 2022 final results on Apr 14, 2023Upcoming Dividend • May 23Upcoming dividend of €1.23 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (4.1%).お知らせ • May 18Elia Group SA/NV to Report Fiscal Year 2022 Results on Mar 03, 2023Elia Group SA/NV announced that they will report fiscal year 2022 results on Mar 03, 2023Reported Earnings • Apr 17Full year 2021 earnings released: EPS: €4.02 (vs €3.64 in FY 2020)Full year 2021 results: EPS: €4.02 (up from €3.64 in FY 2020). Revenue: €2.55b (up 16% from FY 2020). Net income: €276.0m (up 10% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the next year, revenue is forecast to grow 5.0%, compared to a 2.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to €128, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 116% over the past three years.Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €4.02 (up from €3.64 in FY 2020). Revenue: €2.55b (up 16% from FY 2020). Net income: €295.3m (up 18% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 4.1%, compared to a 7.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Jul 29First half 2021 earnings released: EPS €1.82 (vs €1.81 in 1H 2020)The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: €1.23b (up 16% from 1H 2020). Net income: €124.9m (flat on 1H 2020). Profit margin: 10% (down from 12% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Upcoming Dividend • May 21Upcoming dividend of €1.20 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 01 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).Reported Earnings • Apr 18Full year 2020 earnings released: EPS €3.64 (vs €3.91 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €2.21b (down 1.5% from FY 2019). Net income: €250.1m (down 1.7% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • Mar 06Full year 2020 earnings released: EPS €3.64 (vs €3.91 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €2.21b (down 1.5% from FY 2019). Net income: €250.1m (down 1.7% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 27New 90-day low: €91.20The company is down 3.0% from its price of €94.20 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.16 per share.Is New 90 Day High Low • Jan 15New 90-day high: €99.80The company is up 14% from its price of €87.50 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electric Utilities industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.25 per share.Is New 90 Day High Low • Dec 30New 90-day high: €98.50The company is up 13% from its price of €87.30 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electric Utilities 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 €36.06 per share.Is New 90 Day High Low • Dec 10New 90-day high: €94.40The company is up 10.0% from its price of €85.60 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electric Utilities industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.33 per share.Is New 90 Day High Low • Oct 30New 90-day low: €83.40The company is down 10.0% from its price of €92.40 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.01 per share.お知らせ • Aug 29Elia Group SA/NV to Report First Half, 2021 Results on Jul 28, 2021Elia Group SA/NV announced that they will report first half, 2021 results on Jul 28, 2021お知らせ • Jul 31Elia Group SA/NV to Report Fiscal Year 2020 Final Results on Apr 16, 2021Elia Group SA/NV announced that they will report fiscal year 2020 final results on Apr 16, 2021業績と収益の成長予測DB:E4S - 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12/31/20287,375909-4,8502,7081012/31/20276,299800-4,9362,2421112/31/20265,364720-4,4821,9781112/31/20254,442557-2,9502,090N/A9/30/20254,297533-3,0711,707N/A6/30/20254,153509-3,1911,324N/A3/31/20253,960465-3,4621,134N/A12/31/20243,767421-3,732944N/A9/30/20243,650382-3,90498N/A6/30/20243,534344-4,077-748N/A3/31/20243,688334-3,950-1,129N/A12/31/20233,843325-3,823-1,509N/A9/30/20233,968336-2,776-729N/A6/30/20234,093347-1,72851N/A3/31/20233,855344-934741N/A12/31/20223,616342-1401,431N/A9/30/20223,2763258212,315N/A6/30/20222,9363091,7823,199N/A3/31/20222,7442922,2573,576N/A12/31/20212,5512762,7333,953N/A9/30/20212,4652631,7322,919N/A6/30/20212,3782517301,885N/A3/31/20212,294250-544574N/A12/31/20202,210250-1,819-736N/A9/30/20202,217251-1,791-695N/A6/30/20202,224252-1,762-654N/A3/31/20202,233253-1,425-291N/A12/31/20192,242254-1,08871N/A9/30/20192,333257N/A348N/A6/30/20192,424259N/A624N/A3/31/20192,179267N/A570N/A12/31/20181,935275N/A517N/A9/30/20181,472262N/A460N/A6/30/20181,009248N/A404N/A3/31/2018909228N/A417N/A12/31/2017808209N/A430N/A9/30/2017821202N/A443N/A6/30/2017834196N/A455N/A3/31/2017817188N/A471N/A12/31/2016800180N/A488N/A9/30/2016791193N/A475N/A6/30/2016771203N/A462N/A3/31/2016776207N/A398N/A12/31/2015780211N/A334N/A9/30/2015770188N/A324N/A6/30/2015766171N/A313N/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: E4Sの予測収益成長率 (年間14.6% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: E4Sの収益 ( 14.6% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: E4S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: E4Sの収益 ( 13.8% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: E4Sの収益 ( 13.8% ) 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: E4S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 ( 8.6 %)。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2026/06/19 20:16終値2026/06/18 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このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Elia Group SA/NV 11 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。25 アナリスト機関Virginia Sanz de Madrid GrossBanco SantanderBosco Muguiro EulateBanco SantanderTemitope SulaimanBarclays22 その他のアナリストを表示
Upcoming Dividend • May 22Upcoming dividend of €1.44 per shareEligible shareholders must have bought the stock before 29 May 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.7%).
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Non-Executive Independent Director Michel Sirat was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 02Elia Group SA/NV announces Annual dividend, payable on June 02, 2026Elia Group SA/NV announced Annual dividend of EUR 1.4350 per share payable on June 02, 2026, ex-date on May 29, 2026 and record date on June 01, 2026.
お知らせ • Mar 07+ 1 more updateElia Group SA/NV to Report First Half, 2026 Results on Jul 29, 2026Elia Group SA/NV announced that they will report first half, 2026 results on Jul 29, 2026
お知らせ • Jul 28+ 2 more updatesElia Group SA/NV to Report Fiscal Year 2025 Final Results on Apr 17, 2026Elia Group SA/NV announced that they will report fiscal year 2025 final results on Apr 17, 2026
お知らせ • Apr 04Elia Group SA/NV has completed a Follow-on Equity Offering in the amount of €1.349883 billion.Elia Group SA/NV has completed a Follow-on Equity Offering in the amount of €1.349883 billion. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,463,396 Price\Range: €61.88 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,351,125 Price\Range: €61.88 Transaction Features: Regulation S; Rights Offering; Rule 144A
お知らせ • Mar 27Elia Group SA/NV has filed a Follow-on Equity Offering in the amount of €1.349883 billion.Elia Group SA/NV has filed a Follow-on Equity Offering in the amount of €1.349883 billion. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 21,814,521 Price\Range: €61.88 Transaction Features: Rights Offering; Rule 144A
お知らせ • Mar 19Elia Group SA/NV announces Annual dividend, payable on June 02, 2025Elia Group SA/NV announced Annual dividend of EUR 1.4350 per share payable on June 02, 2025, ex-date on March 19, 2025 and record date on March 20, 2025.
お知らせ • Feb 13Elia Group SA/NV, Annual General Meeting, May 20, 2025Elia Group SA/NV, Annual General Meeting, May 20, 2025.
お知らせ • Jan 23Elia Group SA/NV to Report Q3, 2025 Results on Nov 28, 2025Elia Group SA/NV announced that they will report Q3, 2025 results on Nov 28, 2025
お知らせ • Jan 08Elia Group SA/NV to Report First Half, 2025 Results on Jul 25, 2025Elia Group SA/NV announced that they will report first half, 2025 results on Jul 25, 2025
Reported Earnings • Jul 25First half 2024 earnings released: EPS: €2.47 (vs €2.21 in 1H 2023)First half 2024 results: EPS: €2.47 (up from €2.21 in 1H 2023). Revenue: €1.79b (down 15% from 1H 2023). Net income: €181.6m (up 12% from 1H 2023). Profit margin: 10% (up from 7.8% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jul 24+ 2 more updatesElia Group SA/NV to Report Fiscal Year 2024 Results on Mar 07, 2025Elia Group SA/NV announced that they will report fiscal year 2024 results on Mar 07, 2025
Declared Dividend • May 27Dividend of €1.39 announcedShareholders will receive a dividend of €1.39. Ex-date: 30th May 2024 Payment date: 3rd June 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (45% 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 increased by an average of 2.6% 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 grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 21Full year 2023 earnings released: EPS: €4.42 (vs €4.80 in FY 2022)Full year 2023 results: EPS: €4.42 (down from €4.80 in FY 2022). Revenue: €3.84b (up 6.3% from FY 2022). Net income: €324.5m (down 5.0% from FY 2022). Profit margin: 8.4% (down from 9.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 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 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: €4.41 (vs €4.80 in FY 2022)Full year 2023 results: EPS: €4.41. Revenue: €3.84b (up 6.3% from FY 2022). Net income: €355.5m (up 4.0% from FY 2022). Profit margin: 9.3% (down from 9.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
お知らせ • Jan 18Elia Group SA/NV to Report First Half, 2024 Results on Jul 24, 2024Elia Group SA/NV announced that they will report first half, 2024 results on Jul 24, 2024
お知らせ • Oct 26Elia Group SA/NV to Report Q3, 2023 Results on Nov 24, 2023Elia Group SA/NV announced that they will report Q3, 2023 results on Nov 24, 2023
Reported Earnings • Jul 29First half 2023 earnings released: EPS: €2.21 (vs €2.29 in 1H 2022)First half 2023 results: EPS: €2.21. Revenue: €2.10b (up 30% from 1H 2022). Net income: €162.5m (up 3.2% from 1H 2022). Profit margin: 7.8% (down from 9.7% in 1H 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.8% decline forecast for the Electric Utilities industry in Europe.
New Risk • Jul 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Jun 20Elia Group SA/NV to Report Fiscal Year 2023 Results on Mar 06, 2024Elia Group SA/NV announced that they will report fiscal year 2023 results on Mar 06, 2024
Upcoming Dividend • May 23Upcoming dividend of €1.34 per share at 1.6% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.9%).
Reported Earnings • May 03Full year 2022 earnings released: EPS: €4.80 (vs €4.02 in FY 2021)Full year 2022 results: EPS: €4.80 (up from €4.02 in FY 2021). Revenue: €3.62b (up 42% from FY 2021). Net income: €341.7m (up 24% from FY 2021). Profit margin: 9.4% (down from 11% in FY 2021). Revenue is expected to fall by 1.3% p.a. on average during the next 2 years compared to a 4.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Mar 08Full year 2022 earnings released: EPS: €4.80 (vs €4.02 in FY 2021)Full year 2022 results: EPS: €4.80 (up from €4.02 in FY 2021). Revenue: €3.62b (up 42% from FY 2021). Net income: €361.0m (up 31% from FY 2021). Profit margin: 10.0% (in line with FY 2021). Revenue is expected to fall by 1.3% p.a. on average during the next 2 years compared to a 3.3% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Dec 08Elia Group SA/NV to Report First Half, 2023 Results on Jul 26, 2023Elia Group SA/NV announced that they will report first half, 2023 results on Jul 26, 2023
Reported Earnings • Jul 31First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €124.9m from profit in 1H 2021). Profit margin: (down from 10% in 1H 2021). Over the next year, revenue is forecast to decline by 4.9% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 20Elia Group SA/NV to Report Fiscal Year 2022 Final Results on Apr 14, 2023Elia Group SA/NV announced that they will report fiscal year 2022 final results on Apr 14, 2023
Upcoming Dividend • May 23Upcoming dividend of €1.23 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (4.1%).
お知らせ • May 18Elia Group SA/NV to Report Fiscal Year 2022 Results on Mar 03, 2023Elia Group SA/NV announced that they will report fiscal year 2022 results on Mar 03, 2023
Reported Earnings • Apr 17Full year 2021 earnings released: EPS: €4.02 (vs €3.64 in FY 2020)Full year 2021 results: EPS: €4.02 (up from €3.64 in FY 2020). Revenue: €2.55b (up 16% from FY 2020). Net income: €276.0m (up 10% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the next year, revenue is forecast to grow 5.0%, compared to a 2.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to €128, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €4.02 (up from €3.64 in FY 2020). Revenue: €2.55b (up 16% from FY 2020). Net income: €295.3m (up 18% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 4.1%, compared to a 7.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 29First half 2021 earnings released: EPS €1.82 (vs €1.81 in 1H 2020)The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: €1.23b (up 16% from 1H 2020). Net income: €124.9m (flat on 1H 2020). Profit margin: 10% (down from 12% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 21Upcoming dividend of €1.20 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 01 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
Reported Earnings • Apr 18Full year 2020 earnings released: EPS €3.64 (vs €3.91 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €2.21b (down 1.5% from FY 2019). Net income: €250.1m (down 1.7% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 06Full year 2020 earnings released: EPS €3.64 (vs €3.91 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €2.21b (down 1.5% from FY 2019). Net income: €250.1m (down 1.7% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 27New 90-day low: €91.20The company is down 3.0% from its price of €94.20 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.16 per share.
Is New 90 Day High Low • Jan 15New 90-day high: €99.80The company is up 14% from its price of €87.50 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electric Utilities industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.25 per share.
Is New 90 Day High Low • Dec 30New 90-day high: €98.50The company is up 13% from its price of €87.30 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electric Utilities 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 €36.06 per share.
Is New 90 Day High Low • Dec 10New 90-day high: €94.40The company is up 10.0% from its price of €85.60 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electric Utilities industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.33 per share.
Is New 90 Day High Low • Oct 30New 90-day low: €83.40The company is down 10.0% from its price of €92.40 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.01 per share.
お知らせ • Aug 29Elia Group SA/NV to Report First Half, 2021 Results on Jul 28, 2021Elia Group SA/NV announced that they will report first half, 2021 results on Jul 28, 2021
お知らせ • Jul 31Elia Group SA/NV to Report Fiscal Year 2020 Final Results on Apr 16, 2021Elia Group SA/NV announced that they will report fiscal year 2020 final results on Apr 16, 2021