View Future GrowthAudax Renovables 過去の業績過去 基準チェック /26Audax Renovablesは、平均年間31.1%の収益成長を遂げていますが、 Renewable Energy業界の収益は、年間 成長しています。収益は、平均年間28% 6.4%収益成長率で 成長しています。 Audax Renovablesの自己資本利益率は9.7%であり、純利益率は1%です。主要情報31.13%収益成長率35.39%EPS成長率Renewable Energy 業界の成長37.40%収益成長率6.45%株主資本利益率9.74%ネット・マージン1.04%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Apr 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.044 (down from €0.13 in FY 2024). Revenue: €1.88b (down 5.4% from FY 2024). Net income: €19.6m (down 68% from FY 2024). Profit margin: 1.0% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 19Audax Renovables, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Audax Renovables, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 26, 2026Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €433.5m (down 14% from 3Q 2024). Net income: €2.63m (down 78% from 3Q 2024). Profit margin: 0.6% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 02Second quarter 2025 earnings released: EPS: €0.015 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.015 (down from €0.039 in 2Q 2024). Revenue: €377.5m (down 6.1% from 2Q 2024). Net income: €6.84m (down 62% from 2Q 2024). Profit margin: 1.8% (down from 4.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.026 (vs €0.035 in 1Q 2024)First quarter 2025 results: EPS: €0.026 (down from €0.035 in 1Q 2024). Revenue: €571.2m (up 19% from 1Q 2024). Net income: €11.9m (down 25% from 1Q 2024). Profit margin: 2.1% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.13 (vs €0.066 in FY 2023)Full year 2024 results: EPS: €0.13 (up from €0.066 in FY 2023). Revenue: €1.99b (down 13% from FY 2023). Net income: €60.6m (up 109% from FY 2023). Profit margin: 3.0% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • May 08Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona, barcelona., SpainReported Earnings • Apr 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.044 (down from €0.13 in FY 2024). Revenue: €1.88b (down 5.4% from FY 2024). Net income: €19.6m (down 68% from FY 2024). Profit margin: 1.0% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Mar 03Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €2.19b to €1.89b. EPS estimate fell from €0.108 to €0.105 per share. Net income forecast to grow 26% next year vs 0.9% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 5.9% to €1.22 over the past week.お知らせ • Feb 19Audax Renovables, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Audax Renovables, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 26, 2026Major Estimate Revision • Dec 11Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.38b to €2.18b. EPS estimate also fell from €0.106 per share to €0.089 per share. Net income forecast to grow 28% next year vs 10% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 2.5% to €1.30 over the past week.Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €433.5m (down 14% from 3Q 2024). Net income: €2.63m (down 78% from 3Q 2024). Profit margin: 0.6% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 02Second quarter 2025 earnings released: EPS: €0.015 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.015 (down from €0.039 in 2Q 2024). Revenue: €377.5m (down 6.1% from 2Q 2024). Net income: €6.84m (down 62% from 2Q 2024). Profit margin: 1.8% (down from 4.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.New Risk • Jul 16New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.026 (vs €0.035 in 1Q 2024)First quarter 2025 results: EPS: €0.026 (down from €0.035 in 1Q 2024). Revenue: €571.2m (up 19% from 1Q 2024). Net income: €11.9m (down 25% from 1Q 2024). Profit margin: 2.1% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • May 15Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025. Location: hotel marina badalona, avinguda deduard maristany 227, badalona, barcelona Spain分析記事 • Apr 17The Market Doesn't Like What It Sees From Audax Renovables, S.A.'s (BME:ADX) Earnings YetWhen close to half the companies in Spain have price-to-earnings ratios (or "P/E's") above 19x, you may consider Audax...分析記事 • Mar 19Here's Why We Think Audax Renovables (BME:ADX) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.13 (vs €0.066 in FY 2023)Full year 2024 results: EPS: €0.13 (up from €0.066 in FY 2023). Revenue: €1.99b (down 13% from FY 2023). Net income: €60.6m (up 109% from FY 2023). Profit margin: 3.0% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: €0.026 (vs €0.033 in 3Q 2023)Third quarter 2024 results: EPS: €0.026 (down from €0.033 in 3Q 2023). Revenue: €506.1m (down 11% from 3Q 2023). Net income: €11.8m (down 20% from 3Q 2023). Profit margin: 2.3% (down from 2.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 07Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buy Or Sell Opportunity • Nov 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.8% to €1.66. The fair value is estimated to be €2.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 9.3% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.New Risk • Oct 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Price Target Changed • Oct 02Price target increased by 8.6% to €2.39Up from €2.20, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €1.92. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.066 last year.Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: €0.039 (vs €0.014 in 2Q 2023)Second quarter 2024 results: EPS: €0.039 (up from €0.014 in 2Q 2023). Revenue: €402.6m (down 22% from 2Q 2023). Net income: €17.8m (up 181% from 2Q 2023). Profit margin: 4.4% (up from 1.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Oct 02Consensus revenue estimates decrease by 12%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.21b to €1.95b. EPS estimate increased from €0.111 to €0.12 per share. Net income forecast to grow 31% next year vs 56% growth forecast for Renewable Energy industry in Spain. Consensus price target up from €2.30 to €2.39. Share price rose 7.3% to €1.92 over the past week.Price Target Changed • Sep 25Price target increased by 9.0% to €2.29Up from €2.10, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €1.79. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to €1.87. The fair value is estimated to be €1.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 82%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.New Risk • Jun 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (159% net debt to equity). Share price has been volatile over the past 3 months (4.8% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).Price Target Changed • May 29Price target increased by 11% to €2.10Up from €1.90, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €1.94. Stock is up 65% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.036 (vs €0.005 in 1Q 2023)First quarter 2024 results: EPS: €0.036 (up from €0.005 in 1Q 2023). Revenue: €482.1m (down 31% from 1Q 2023). Net income: €15.9m (up €13.9m from 1Q 2023). Profit margin: 3.3% (up from 0.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • May 17Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona Spain分析記事 • May 09Audax Renovables' (BME:ADX) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (4.3% average weekly change).分析記事 • Apr 03A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price ClimbAudax Renovables, S.A. ( BME:ADX ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.56, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Renewable Energy industry in Spain. Total loss to shareholders of 25% over the past three years.Price Target Changed • Mar 25Price target increased by 11% to €2.00Up from €1.80, the current price target is provided by 1 analyst. New target price is 45% above last closing price of €1.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of €0.099 for next year compared to €0.066 last year.分析記事 • Nov 17We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Major Estimate Revision • Nov 14Consensus EPS estimates increase by 77%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €2.30b to €2.27b. EPS estimate rose from €0.032 to €0.057. Net income forecast to grow 85% next year vs 53% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price rose 8.0% to €1.22 over the past week.Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: €0.014 (vs €0.002 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.014 (up from €0.002 loss in 2Q 2022). Revenue: €519.2m (down 12% from 2Q 2022). Net income: €6.35m (up €7.16m from 2Q 2022). Profit margin: 1.2% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Sep 29Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.026 to €0.032. Revenue forecast steady at €2.30b. Net income forecast to grow 296% next year vs 31% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.26 over the past week.Major Estimate Revision • Sep 17Consensus EPS estimates increase by 25%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.021 to €0.026. Revenue forecast steady at €2.30b. Net income forecast to grow 232% next year vs 30% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.30 over the past week.分析記事 • May 11Is Audax Renovables (BME:ADX) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 17Should You Think About Buying Audax Renovables, S.A. (BME:ADX) Now?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it led the BME gainers with a relatively large...Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €0.01 (vs €0.006 in FY 2021)Full year 2022 results: EPS: €0.01 (up from €0.006 in FY 2021). Revenue: €2.63b (up 56% from FY 2021). Net income: €3.54m (up 25% from FY 2021). Profit margin: 0.1% (down from 0.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.分析記事 • Feb 03Be Wary Of Audax Renovables (BME:ADX) And Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 37% share price gain to €1.03, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 20x in the Renewable Energy industry in Spain. Total loss to shareholders of 58% over the past three years.分析記事 • Nov 18Is It Too Late To Consider Buying Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 03Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €586.6m (up 68% from 2Q 2021). Net loss: €804.0k (loss narrowed 84% from 2Q 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.分析記事 • Sep 26Is Audax Renovables (BME:ADX) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Sep 14Audax Renovables, S.A. to Report Second Half, 2022 Results on Feb 28, 2023Audax Renovables, S.A. announced that they will report second half, 2022 results on Feb 28, 2023Major Estimate Revision • May 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.66b to €1.94b. EPS estimate fell from €0.07 to €0.04. Net income forecast to grow 567% next year vs 68% growth forecast for Renewable Energy industry in Spain. Consensus price target of €2.50 unchanged from last update. Share price fell 3.1% to €1.18 over the past week.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.01 (down from €0.06 in FY 2020). Revenue: €1.68b (up 74% from FY 2020). Net income: €2.84m (down 89% from FY 2020). Profit margin: 0.2% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the industry in Spain. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.03, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Renewable Energy industry in Spain. Total loss to shareholders of 59% over the past three years.分析記事 • Feb 19Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Major Estimate Revision • Dec 14Consensus EPS estimates increase by 35%The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €1.37b to €1.45b. EPS estimate increased from €0.02 to €0.03 per share. Net income forecast to grow 49% next year vs 86% growth forecast for Renewable Energy industry in Spain. Consensus price target down from €2.90 to €2.50. Share price was steady at €1.23 over the past week.Price Target Changed • Dec 13Price target decreased to €2.50Down from €2.90, the current price target is an average from 2 analysts. New target price is 105% above last closing price of €1.22. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.021 for next year compared to €0.06 last year.分析記事 • Oct 30Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 01Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved revenues, although earnings and control over costs were weaker. Second quarter 2021 results: Revenue: €348.4m (up 106% from 2Q 2020). Net loss: €5.11m (down 293% from profit in 2Q 2020).分析記事 • Sep 16When Should You Buy Audax Renovables, S.A. (BME:ADX)?While Audax Renovables, S.A. ( BME:ADX ) might not be the most widely known stock at the moment, it saw significant...Major Estimate Revision • Jul 28Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €1.27b to €1.40b. EPS estimate fell from €0.063 to €0.052 per share. Net income forecast to shrink 6.8% next year vs 25% growth forecast for Renewable Energy industry in Spain . Consensus price target of €2.90 unchanged from last update. Share price was steady at €1.90 over the past week.分析記事 • Apr 28Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it saw significant share price movement during...分析記事 • Apr 13Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Mar 18Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?Does the March share price for Audax Renovables, S.A. ( BME:ADX ) reflect what it's really worth? Today, we will...分析記事 • Mar 04These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.06 (vs €0.058 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €967.4m (down 7.1% from FY 2019). Net income: €26.4m (up 3.8% from FY 2019). Profit margin: 2.7% (up from 2.4% in FY 2019). The increase in margin was driven by lower expenses.Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 203%. Over the next year, revenue is forecast to grow 15%, compared to a 42% growth forecast for the Renewable Energy industry in Spain.分析記事 • Feb 07Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?The big shareholder groups in Audax Renovables, S.A. ( BME:ADX ) have power over the company. Institutions often own...分析記事 • Jan 18What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to €2.31, the stock is trading at a trailing P/E ratio of 41.3x, up from the previous P/E ratio of 34.7x. This compares to an average P/E of 36x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 4.4%.Is New 90 Day High Low • Jan 07New 90-day high: €2.31The company is up 12% from its price of €2.06 on 09 October 2020. The Spanish market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 49% over the same period.分析記事 • Dec 27Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...分析記事 • Dec 06Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last YearIt's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...Is New 90 Day High Low • Dec 02New 90-day low: €1.65The company is down 3.0% from its price of €1.69 on 03 September 2020. The Spanish market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Valuation Update With 7 Day Price Move • Nov 19Market pulls back on stock over the past weekAfter last week's 16% share price decline to €1.81, the stock is trading at a trailing P/E ratio of 32.3x, down from the previous P/E ratio of 38.3x. This compares to an average P/E of 29x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 9.5%.Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS €0.014The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €222.3m (down 8.1% from 3Q 2019). Net income: €6.21m (up 45% from 3Q 2019). Profit margin: 2.8% (up from 1.8% in 3Q 2019). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 16% share price gain to €2.19, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 28x in the Renewable Energy industry in Europe. Total returns to shareholders over the past year are 29%.Is New 90 Day High Low • Oct 08New 90-day high: €2.07The company is up 20% from its price of €1.72 on 10 July 2020. The Spanish market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 9.0% over the same period.Reported Earnings • Sep 26First half earnings releasedOver the last 12 months the company has reported total profits of €22.7m, up 31% from the prior year. Total revenue was €919.2m over the last 12 months, down 15% from the prior year.分析記事 • Jun 16Audax Renovables, S.A. (BME:ADX) Is Employing Capital Very EffectivelyToday we'll evaluate Audax Renovables, S.A. (BME:ADX) to determine whether it could have potential as an investment...収支内訳Audax Renovables の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BME:ADX 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 251,8752049030 Sep 251,9663643030 Jun 252,0434645031 Mar 252,0705743031 Dec 241,9826151030 Sep 241,8975139030 Jun 241,9585441031 Mar 242,0754339031 Dec 232,2902939030 Sep 232,3792830030 Jun 232,5201234031 Mar 232,587530031 Dec 222,626431030 Sep 222,575328030 Jun 222,311229031 Mar 222,079228031 Dec 211,679-228030 Sep 211,4811623030 Jun 211,2531927031 Mar 211,0742623031 Dec 209672623030 Sep 209002521030 Jun 209192321031 Mar 209872521031 Dec 191,0412521030 Sep 191,0421821030 Jun 191,0821722031 Mar 191,0861221031 Dec 18984821031 Dec 17671816031 Dec 16360123031 Dec 154881220質の高い収益: ADXは 高品質の収益 を持っています。利益率の向上: ADXの現在の純利益率 (1%)は、昨年(3.1%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ADXの収益は過去 5 年間で年間31.1%増加しました。成長の加速: ADXは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: ADXは過去 1 年間で収益成長率がマイナス ( -67.6% ) となったため、 Renewable Energy業界平均 ( 50.4% ) と比較することが困難です。株主資本利益率高いROE: ADXの 自己資本利益率 ( 9.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YUtilities 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 13:19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Audax Renovables, S.A. 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。5 アナリスト機関Francisco RuizBNP ParibasVictor Peiro PérezGVC Gaesco ValoresAlberto Espelosín González-SimarroJB Capital Markets2 その他のアナリストを表示
Reported Earnings • Apr 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.044 (down from €0.13 in FY 2024). Revenue: €1.88b (down 5.4% from FY 2024). Net income: €19.6m (down 68% from FY 2024). Profit margin: 1.0% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 19Audax Renovables, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Audax Renovables, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 26, 2026
Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €433.5m (down 14% from 3Q 2024). Net income: €2.63m (down 78% from 3Q 2024). Profit margin: 0.6% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 02Second quarter 2025 earnings released: EPS: €0.015 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.015 (down from €0.039 in 2Q 2024). Revenue: €377.5m (down 6.1% from 2Q 2024). Net income: €6.84m (down 62% from 2Q 2024). Profit margin: 1.8% (down from 4.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.026 (vs €0.035 in 1Q 2024)First quarter 2025 results: EPS: €0.026 (down from €0.035 in 1Q 2024). Revenue: €571.2m (up 19% from 1Q 2024). Net income: €11.9m (down 25% from 1Q 2024). Profit margin: 2.1% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.13 (vs €0.066 in FY 2023)Full year 2024 results: EPS: €0.13 (up from €0.066 in FY 2023). Revenue: €1.99b (down 13% from FY 2023). Net income: €60.6m (up 109% from FY 2023). Profit margin: 3.0% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 08Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona, barcelona., Spain
Reported Earnings • Apr 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.044 (down from €0.13 in FY 2024). Revenue: €1.88b (down 5.4% from FY 2024). Net income: €19.6m (down 68% from FY 2024). Profit margin: 1.0% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Mar 03Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €2.19b to €1.89b. EPS estimate fell from €0.108 to €0.105 per share. Net income forecast to grow 26% next year vs 0.9% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 5.9% to €1.22 over the past week.
お知らせ • Feb 19Audax Renovables, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Audax Renovables, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 26, 2026
Major Estimate Revision • Dec 11Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.38b to €2.18b. EPS estimate also fell from €0.106 per share to €0.089 per share. Net income forecast to grow 28% next year vs 10% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 2.5% to €1.30 over the past week.
Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €433.5m (down 14% from 3Q 2024). Net income: €2.63m (down 78% from 3Q 2024). Profit margin: 0.6% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 02Second quarter 2025 earnings released: EPS: €0.015 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.015 (down from €0.039 in 2Q 2024). Revenue: €377.5m (down 6.1% from 2Q 2024). Net income: €6.84m (down 62% from 2Q 2024). Profit margin: 1.8% (down from 4.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 16New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.026 (vs €0.035 in 1Q 2024)First quarter 2025 results: EPS: €0.026 (down from €0.035 in 1Q 2024). Revenue: €571.2m (up 19% from 1Q 2024). Net income: €11.9m (down 25% from 1Q 2024). Profit margin: 2.1% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025. Location: hotel marina badalona, avinguda deduard maristany 227, badalona, barcelona Spain
分析記事 • Apr 17The Market Doesn't Like What It Sees From Audax Renovables, S.A.'s (BME:ADX) Earnings YetWhen close to half the companies in Spain have price-to-earnings ratios (or "P/E's") above 19x, you may consider Audax...
分析記事 • Mar 19Here's Why We Think Audax Renovables (BME:ADX) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.13 (vs €0.066 in FY 2023)Full year 2024 results: EPS: €0.13 (up from €0.066 in FY 2023). Revenue: €1.99b (down 13% from FY 2023). Net income: €60.6m (up 109% from FY 2023). Profit margin: 3.0% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: €0.026 (vs €0.033 in 3Q 2023)Third quarter 2024 results: EPS: €0.026 (down from €0.033 in 3Q 2023). Revenue: €506.1m (down 11% from 3Q 2023). Net income: €11.8m (down 20% from 3Q 2023). Profit margin: 2.3% (down from 2.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 07Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buy Or Sell Opportunity • Nov 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.8% to €1.66. The fair value is estimated to be €2.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 9.3% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
New Risk • Oct 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Price Target Changed • Oct 02Price target increased by 8.6% to €2.39Up from €2.20, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €1.92. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.066 last year.
Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: €0.039 (vs €0.014 in 2Q 2023)Second quarter 2024 results: EPS: €0.039 (up from €0.014 in 2Q 2023). Revenue: €402.6m (down 22% from 2Q 2023). Net income: €17.8m (up 181% from 2Q 2023). Profit margin: 4.4% (up from 1.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Oct 02Consensus revenue estimates decrease by 12%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.21b to €1.95b. EPS estimate increased from €0.111 to €0.12 per share. Net income forecast to grow 31% next year vs 56% growth forecast for Renewable Energy industry in Spain. Consensus price target up from €2.30 to €2.39. Share price rose 7.3% to €1.92 over the past week.
Price Target Changed • Sep 25Price target increased by 9.0% to €2.29Up from €2.10, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €1.79. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.
Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to €1.87. The fair value is estimated to be €1.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 82%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
New Risk • Jun 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (159% net debt to equity). Share price has been volatile over the past 3 months (4.8% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
Price Target Changed • May 29Price target increased by 11% to €2.10Up from €1.90, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €1.94. Stock is up 65% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.036 (vs €0.005 in 1Q 2023)First quarter 2024 results: EPS: €0.036 (up from €0.005 in 1Q 2023). Revenue: €482.1m (down 31% from 1Q 2023). Net income: €15.9m (up €13.9m from 1Q 2023). Profit margin: 3.3% (up from 0.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • May 17Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona Spain
分析記事 • May 09Audax Renovables' (BME:ADX) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (4.3% average weekly change).
分析記事 • Apr 03A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price ClimbAudax Renovables, S.A. ( BME:ADX ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.56, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Renewable Energy industry in Spain. Total loss to shareholders of 25% over the past three years.
Price Target Changed • Mar 25Price target increased by 11% to €2.00Up from €1.80, the current price target is provided by 1 analyst. New target price is 45% above last closing price of €1.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of €0.099 for next year compared to €0.066 last year.
分析記事 • Nov 17We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • Nov 14Consensus EPS estimates increase by 77%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €2.30b to €2.27b. EPS estimate rose from €0.032 to €0.057. Net income forecast to grow 85% next year vs 53% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price rose 8.0% to €1.22 over the past week.
Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: €0.014 (vs €0.002 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.014 (up from €0.002 loss in 2Q 2022). Revenue: €519.2m (down 12% from 2Q 2022). Net income: €6.35m (up €7.16m from 2Q 2022). Profit margin: 1.2% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Sep 29Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.026 to €0.032. Revenue forecast steady at €2.30b. Net income forecast to grow 296% next year vs 31% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.26 over the past week.
Major Estimate Revision • Sep 17Consensus EPS estimates increase by 25%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.021 to €0.026. Revenue forecast steady at €2.30b. Net income forecast to grow 232% next year vs 30% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.30 over the past week.
分析記事 • May 11Is Audax Renovables (BME:ADX) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 17Should You Think About Buying Audax Renovables, S.A. (BME:ADX) Now?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it led the BME gainers with a relatively large...
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €0.01 (vs €0.006 in FY 2021)Full year 2022 results: EPS: €0.01 (up from €0.006 in FY 2021). Revenue: €2.63b (up 56% from FY 2021). Net income: €3.54m (up 25% from FY 2021). Profit margin: 0.1% (down from 0.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 03Be Wary Of Audax Renovables (BME:ADX) And Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 37% share price gain to €1.03, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 20x in the Renewable Energy industry in Spain. Total loss to shareholders of 58% over the past three years.
分析記事 • Nov 18Is It Too Late To Consider Buying Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 03Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €586.6m (up 68% from 2Q 2021). Net loss: €804.0k (loss narrowed 84% from 2Q 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
分析記事 • Sep 26Is Audax Renovables (BME:ADX) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Sep 14Audax Renovables, S.A. to Report Second Half, 2022 Results on Feb 28, 2023Audax Renovables, S.A. announced that they will report second half, 2022 results on Feb 28, 2023
Major Estimate Revision • May 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.66b to €1.94b. EPS estimate fell from €0.07 to €0.04. Net income forecast to grow 567% next year vs 68% growth forecast for Renewable Energy industry in Spain. Consensus price target of €2.50 unchanged from last update. Share price fell 3.1% to €1.18 over the past week.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.01 (down from €0.06 in FY 2020). Revenue: €1.68b (up 74% from FY 2020). Net income: €2.84m (down 89% from FY 2020). Profit margin: 0.2% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the industry in Spain. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.03, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Renewable Energy industry in Spain. Total loss to shareholders of 59% over the past three years.
分析記事 • Feb 19Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Major Estimate Revision • Dec 14Consensus EPS estimates increase by 35%The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €1.37b to €1.45b. EPS estimate increased from €0.02 to €0.03 per share. Net income forecast to grow 49% next year vs 86% growth forecast for Renewable Energy industry in Spain. Consensus price target down from €2.90 to €2.50. Share price was steady at €1.23 over the past week.
Price Target Changed • Dec 13Price target decreased to €2.50Down from €2.90, the current price target is an average from 2 analysts. New target price is 105% above last closing price of €1.22. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.021 for next year compared to €0.06 last year.
分析記事 • Oct 30Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 01Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved revenues, although earnings and control over costs were weaker. Second quarter 2021 results: Revenue: €348.4m (up 106% from 2Q 2020). Net loss: €5.11m (down 293% from profit in 2Q 2020).
分析記事 • Sep 16When Should You Buy Audax Renovables, S.A. (BME:ADX)?While Audax Renovables, S.A. ( BME:ADX ) might not be the most widely known stock at the moment, it saw significant...
Major Estimate Revision • Jul 28Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €1.27b to €1.40b. EPS estimate fell from €0.063 to €0.052 per share. Net income forecast to shrink 6.8% next year vs 25% growth forecast for Renewable Energy industry in Spain . Consensus price target of €2.90 unchanged from last update. Share price was steady at €1.90 over the past week.
分析記事 • Apr 28Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it saw significant share price movement during...
分析記事 • Apr 13Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Mar 18Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?Does the March share price for Audax Renovables, S.A. ( BME:ADX ) reflect what it's really worth? Today, we will...
分析記事 • Mar 04These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.06 (vs €0.058 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €967.4m (down 7.1% from FY 2019). Net income: €26.4m (up 3.8% from FY 2019). Profit margin: 2.7% (up from 2.4% in FY 2019). The increase in margin was driven by lower expenses.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 203%. Over the next year, revenue is forecast to grow 15%, compared to a 42% growth forecast for the Renewable Energy industry in Spain.
分析記事 • Feb 07Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?The big shareholder groups in Audax Renovables, S.A. ( BME:ADX ) have power over the company. Institutions often own...
分析記事 • Jan 18What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to €2.31, the stock is trading at a trailing P/E ratio of 41.3x, up from the previous P/E ratio of 34.7x. This compares to an average P/E of 36x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 4.4%.
Is New 90 Day High Low • Jan 07New 90-day high: €2.31The company is up 12% from its price of €2.06 on 09 October 2020. The Spanish market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 49% over the same period.
分析記事 • Dec 27Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
分析記事 • Dec 06Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last YearIt's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...
Is New 90 Day High Low • Dec 02New 90-day low: €1.65The company is down 3.0% from its price of €1.69 on 03 September 2020. The Spanish market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Valuation Update With 7 Day Price Move • Nov 19Market pulls back on stock over the past weekAfter last week's 16% share price decline to €1.81, the stock is trading at a trailing P/E ratio of 32.3x, down from the previous P/E ratio of 38.3x. This compares to an average P/E of 29x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 9.5%.
Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS €0.014The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €222.3m (down 8.1% from 3Q 2019). Net income: €6.21m (up 45% from 3Q 2019). Profit margin: 2.8% (up from 1.8% in 3Q 2019). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 16% share price gain to €2.19, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 28x in the Renewable Energy industry in Europe. Total returns to shareholders over the past year are 29%.
Is New 90 Day High Low • Oct 08New 90-day high: €2.07The company is up 20% from its price of €1.72 on 10 July 2020. The Spanish market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 9.0% over the same period.
Reported Earnings • Sep 26First half earnings releasedOver the last 12 months the company has reported total profits of €22.7m, up 31% from the prior year. Total revenue was €919.2m over the last 12 months, down 15% from the prior year.
分析記事 • Jun 16Audax Renovables, S.A. (BME:ADX) Is Employing Capital Very EffectivelyToday we'll evaluate Audax Renovables, S.A. (BME:ADX) to determine whether it could have potential as an investment...