Upcoming Dividend • May 22
Upcoming dividend of €1.44 per share Eligible 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 20
Less than half of directors are independent Following 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 02
Elia Group SA/NV announces Annual dividend, payable on June 02, 2026 Elia 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 • Apr 04
Elia 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 27
Elia 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 19
Elia Group SA/NV announces Annual dividend, payable on June 02, 2025 Elia 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 13
Elia Group SA/NV, Annual General Meeting, May 20, 2025 Elia Group SA/NV, Annual General Meeting, May 20, 2025. お知らせ • Jan 23
Elia Group SA/NV to Report Q3, 2025 Results on Nov 28, 2025 Elia Group SA/NV announced that they will report Q3, 2025 results on Nov 28, 2025 お知らせ • Jan 08
Elia Group SA/NV to Report First Half, 2025 Results on Jul 25, 2025 Elia Group SA/NV announced that they will report first half, 2025 results on Jul 25, 2025 Reported Earnings • Jul 25
First 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. Declared Dividend • May 27
Dividend of €1.39 announced Shareholders 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 21
Full 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 07
Full 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 18
Elia Group SA/NV to Report First Half, 2024 Results on Jul 24, 2024 Elia Group SA/NV announced that they will report first half, 2024 results on Jul 24, 2024 お知らせ • Oct 26
Elia Group SA/NV to Report Q3, 2023 Results on Nov 24, 2023 Elia Group SA/NV announced that they will report Q3, 2023 results on Nov 24, 2023 Reported Earnings • Jul 29
First 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 28
New major risk - Earnings quality The 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 20
Elia Group SA/NV to Report Fiscal Year 2023 Results on Mar 06, 2024 Elia Group SA/NV announced that they will report fiscal year 2023 results on Mar 06, 2024 Upcoming Dividend • May 23
Upcoming dividend of €1.34 per share at 1.6% yield Eligible 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 03
Full 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 08
Full 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 08
Elia Group SA/NV to Report First Half, 2023 Results on Jul 26, 2023 Elia Group SA/NV announced that they will report first half, 2023 results on Jul 26, 2023 Reported Earnings • Jul 31
First half 2022 earnings released First 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 20
Elia Group SA/NV to Report Fiscal Year 2022 Final Results on Apr 14, 2023 Elia Group SA/NV announced that they will report fiscal year 2022 final results on Apr 14, 2023 Upcoming Dividend • May 23
Upcoming dividend of €1.23 per share Eligible 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 18
Elia Group SA/NV to Report Fiscal Year 2022 Results on Mar 03, 2023 Elia Group SA/NV announced that they will report fiscal year 2022 results on Mar 03, 2023 Reported Earnings • Apr 17
Full 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 02
Investor sentiment improved over the past week After 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 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full 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 29
First 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 21
Upcoming dividend of €1.20 per share Eligible 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 18
Full 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 06
Full 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 27
New 90-day low: €91.20 The 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 15
New 90-day high: €99.80 The 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 30
New 90-day high: €98.50 The 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 10
New 90-day high: €94.40 The 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 30
New 90-day low: €83.40 The 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 29
Elia Group SA/NV to Report First Half, 2021 Results on Jul 28, 2021 Elia Group SA/NV announced that they will report first half, 2021 results on Jul 28, 2021 お知らせ • Jul 31
Elia Group SA/NV to Report Fiscal Year 2020 Final Results on Apr 16, 2021 Elia Group SA/NV announced that they will report fiscal year 2020 final results on Apr 16, 2021