View ValuationElica 将来の成長Future 基準チェック /36Elica利益と収益がそれぞれ年間130.3%と2.8%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2.2% 122.2%なると予測されています。主要情報130.3%収益成長率122.18%EPS成長率Consumer Durables 収益成長9.8%収益成長率2.8%将来の株主資本利益率2.24%アナリストカバレッジLow最終更新日04 Aug 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 updatesBoard Change • Jun 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Statutory Auditor Paolo Magini was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 30Elica S.p.A., Annual General Meeting, Apr 29, 2026Elica S.p.A., Annual General Meeting, Apr 29, 2026, at 09:00 W. Europe Standard Time. Location: via ermanno casoli n 2, fabriano Italyお知らせ • Nov 25+ 4 more updatesElica S.p.A. to Report Q4, 2025 Results on Feb 12, 2026Elica S.p.A. announced that they will report Q4, 2025 results at 9:05 AM, Central European Standard Time on Feb 12, 2026お知らせ • Jul 31Elica S.p.A. (BIT:ELC) agreed to acquire 28% stake in Steel S.R.L.Elica S.p.A. (BIT:ELC) agreed to acquire 28% stake in Steel S.R.L. on July 30, 2025. Elica can increase its stake to 100% if the existing shareholders refuse to exercise the option of retaining a 10% stake. The acquisition will be financed entirely through Elica's equity and existing credit lines. For the period ending December 31, 2024, Steel S.R.L. reported total revenue of €7 million and EBITDA of €0.8 million and with debt of approximately €3 million.お知らせ • Jul 02Elica S.p.A. (BIT:ELC) agreed to acquire remaining 0.56% stake in Elica Home Appliances Co Ltd from Fuji Industrial Co. Ltd for €2 million.Elica S.p.A. (BIT:ELC) agreed to acquire remaining 0.56% stake in Elica Home Appliances Co Ltd from Fuji Industrial Co. Ltd for €2 million on July 1, 2025. A cash consideration of €2 million will be paid by Elica S.p.A. As part of consideration, €2 million is paid towards common equity of Elica Home Appliances Co Ltd. Upon completion, Elica S.p.A. will own 100% stake in Elica Home Appliances Co Ltd.Board Change • May 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Statutory Auditor Paolo Magini was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 27Elica S.p.A. announces Annual dividend, payable on July 09, 2025Elica S.p.A. announced Annual dividend of EUR 0.0400 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.お知らせ • Dec 16+ 4 more updatesElica S.p.A. to Report Q4, 2024 Results on Feb 13, 2025Elica S.p.A. announced that they will report Q4, 2024 results on Feb 13, 2025Board Change • Aug 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. CEO & Executive Director Giulio Cocci was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.71 per share.Buying Opportunity • Nov 29Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €2.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.5% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.お知らせ • Oct 28Elica S.p.A. to Report Nine Months, 2023 Results on Oct 26, 2023Elica S.p.A. announced that they will report nine months, 2023 results on Oct 26, 2023Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: €0.029 (vs €0.016 in 3Q 2022)Third quarter 2023 results: EPS: €0.029 (up from €0.016 in 3Q 2022). Revenue: €105.5m (down 18% from 3Q 2022). Net income: €1.80m (up 80% from 3Q 2022). Profit margin: 1.7% (up from 0.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Buying Opportunity • Sep 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 4.9%. The fair value is estimated to be €3.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.5% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.New Risk • Jul 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: €0.07 (vs €0.12 in 2Q 2022)Second quarter 2023 results: EPS: €0.07 (down from €0.12 in 2Q 2022). Revenue: €125.5m (down 15% from 2Q 2022). Net income: €4.40m (down 42% from 2Q 2022). Profit margin: 3.5% (down from 5.2% in 2Q 2022). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 26Upcoming dividend of €0.07 per share at 2.6% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (6.6%).Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: €0.054 (vs €0.075 in 1Q 2022)First quarter 2023 results: EPS: €0.054 (down from €0.075 in 1Q 2022). Revenue: €129.0m (down 10% from 1Q 2022). Net income: €3.40m (down 28% from 1Q 2022). Profit margin: 2.6% (down from 3.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 19Full year 2022 earnings released: EPS: €0.26 (vs €0.19 in FY 2021)Full year 2022 results: EPS: €0.26 (up from €0.19 in FY 2021). Revenue: €548.6m (flat on FY 2021). Net income: €16.2m (up 34% from FY 2021). Profit margin: 3.0% (up from 2.2% in FY 2021). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Consumer Durables industry in the United Kingdom. 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 5% per year, which means it is significantly lagging earnings.Buying Opportunity • Dec 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be €3.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 0.03% in 2 years. Earnings is forecast to grow by 61% in the next 2 years.Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: €0.016 (vs €0.074 in 3Q 2021)Third quarter 2022 results: EPS: €0.016 (down from €0.074 in 3Q 2021). Revenue: €128.8m (down 6.3% from 3Q 2021). Net income: €1.00m (down 79% from 3Q 2021). Profit margin: 0.8% (down from 3.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 01First quarter 2022 earnings released: EPS: €0.075 (vs €0.038 in 1Q 2021)First quarter 2022 results: EPS: €0.075 (up from €0.038 in 1Q 2021). Revenue: €144.0m (up 5.1% from 1Q 2021). Net income: €4.70m (up 96% from 1Q 2021). Profit margin: 3.3% (up from 1.8% in 1Q 2021). Over the next year, revenue is forecast to grow 1.8%, compared to a 10% growth forecast for the industry in the United Kingdom. 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 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: €0.19 (vs €0.028 loss in FY 2020)Full year 2021 results: EPS: €0.19 (up from €0.028 loss in FY 2020). Revenue: €541.3m (up 19% from FY 2020). Net income: €12.1m (up €13.9m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 2.9%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 12Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.19 (up from €0.028 loss in FY 2020). Revenue: €541.3m (up 19% from FY 2020). Net income: €12.1m (up €13.9m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to stay flat compared to a 7.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.業績と収益の成長予測LSE:0EA2 - 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12/31/202847441330112/31/202746632937212/31/2026448-2303016/30/2026444-12724N/A3/31/2026453-12N/AN/AN/A12/31/2025461-101327N/A9/30/2025460-3N/AN/AN/A6/30/20254554520N/A3/31/20254547N/AN/AN/A12/31/20244528825N/A9/30/20244557N/AN/AN/A6/30/20244562824N/A3/31/20244616N/AN/AN/A12/31/2023473101127N/A9/30/202349013N/AN/AN/A6/30/2023513122445N/A3/31/202353415N/AN/AN/A12/31/2022549171943N/A9/30/202255315N/AN/AN/A6/30/2022562192248N/A3/31/202254814N/AN/AN/A12/31/2021541122953N/A9/30/202155211N/AN/AN/A6/30/202153793752N/A3/31/20214800N/AN/AN/A12/31/2020453-2721N/A9/30/2020434-3N/AN/AN/A6/30/2020427-3-512N/A3/31/20204753N/AN/AN/A12/31/20194813N/A36N/A9/30/20194750N/AN/AN/A6/30/2019469-1N/A25N/A3/31/2019472-1N/AN/AN/A12/31/2018474-1N/A33N/A9/30/20184785N/AN/AN/A6/30/20184810N/A38N/A3/31/20184810N/AN/AN/A12/31/20174810N/A29N/A9/30/2017477-12N/AN/AN/A6/30/2017468-7N/A28N/A3/31/2017455-5N/AN/AN/A12/31/2016440-6N/A29N/A9/30/20164366N/A32N/A6/30/20164367N/A31N/A3/31/20164316N/A33N/A12/31/20154246N/A26N/A9/30/20154095N/A21N/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: 0EA2は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.6% ) よりも高い成長率であると考えられます。収益対市場: 0EA2今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 0EA2今後 3 年以内に収益を上げることが予想されます。収益対市場: 0EA2の収益 ( 2.8% ) UK市場 ( 3.9% ) よりも低い成長が予測されています。高い収益成長: 0EA2の収益 ( 2.8% ) 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: 0EA2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 ( 2.2 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 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2026/08/23 19:33終値2026/06/18 00:00収益2026/06/30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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Elica S.p.A. 2 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。4 アナリスト機関Andrea BonfaBanca Akros S.p.A. (ESN)Carlo MaritanoIntermonte SIM S.p.A.Alberto FranceseIntesa Sanpaolo Equity Research1 その他のアナリストを表示
Board Change • Jun 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Statutory Auditor Paolo Magini was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 30Elica S.p.A., Annual General Meeting, Apr 29, 2026Elica S.p.A., Annual General Meeting, Apr 29, 2026, at 09:00 W. Europe Standard Time. Location: via ermanno casoli n 2, fabriano Italy
お知らせ • Nov 25+ 4 more updatesElica S.p.A. to Report Q4, 2025 Results on Feb 12, 2026Elica S.p.A. announced that they will report Q4, 2025 results at 9:05 AM, Central European Standard Time on Feb 12, 2026
お知らせ • Jul 31Elica S.p.A. (BIT:ELC) agreed to acquire 28% stake in Steel S.R.L.Elica S.p.A. (BIT:ELC) agreed to acquire 28% stake in Steel S.R.L. on July 30, 2025. Elica can increase its stake to 100% if the existing shareholders refuse to exercise the option of retaining a 10% stake. The acquisition will be financed entirely through Elica's equity and existing credit lines. For the period ending December 31, 2024, Steel S.R.L. reported total revenue of €7 million and EBITDA of €0.8 million and with debt of approximately €3 million.
お知らせ • Jul 02Elica S.p.A. (BIT:ELC) agreed to acquire remaining 0.56% stake in Elica Home Appliances Co Ltd from Fuji Industrial Co. Ltd for €2 million.Elica S.p.A. (BIT:ELC) agreed to acquire remaining 0.56% stake in Elica Home Appliances Co Ltd from Fuji Industrial Co. Ltd for €2 million on July 1, 2025. A cash consideration of €2 million will be paid by Elica S.p.A. As part of consideration, €2 million is paid towards common equity of Elica Home Appliances Co Ltd. Upon completion, Elica S.p.A. will own 100% stake in Elica Home Appliances Co Ltd.
Board Change • May 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Statutory Auditor Paolo Magini was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 27Elica S.p.A. announces Annual dividend, payable on July 09, 2025Elica S.p.A. announced Annual dividend of EUR 0.0400 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.
お知らせ • Dec 16+ 4 more updatesElica S.p.A. to Report Q4, 2024 Results on Feb 13, 2025Elica S.p.A. announced that they will report Q4, 2024 results on Feb 13, 2025
Board Change • Aug 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. CEO & Executive Director Giulio Cocci was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.71 per share.
Buying Opportunity • Nov 29Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €2.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.5% in 2 years. Earnings is forecast to grow by 39% in the next 2 years.
お知らせ • Oct 28Elica S.p.A. to Report Nine Months, 2023 Results on Oct 26, 2023Elica S.p.A. announced that they will report nine months, 2023 results on Oct 26, 2023
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: €0.029 (vs €0.016 in 3Q 2022)Third quarter 2023 results: EPS: €0.029 (up from €0.016 in 3Q 2022). Revenue: €105.5m (down 18% from 3Q 2022). Net income: €1.80m (up 80% from 3Q 2022). Profit margin: 1.7% (up from 0.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Buying Opportunity • Sep 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 4.9%. The fair value is estimated to be €3.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.5% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.
New Risk • Jul 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: €0.07 (vs €0.12 in 2Q 2022)Second quarter 2023 results: EPS: €0.07 (down from €0.12 in 2Q 2022). Revenue: €125.5m (down 15% from 2Q 2022). Net income: €4.40m (down 42% from 2Q 2022). Profit margin: 3.5% (down from 5.2% in 2Q 2022). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 26Upcoming dividend of €0.07 per share at 2.6% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (6.6%).
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: €0.054 (vs €0.075 in 1Q 2022)First quarter 2023 results: EPS: €0.054 (down from €0.075 in 1Q 2022). Revenue: €129.0m (down 10% from 1Q 2022). Net income: €3.40m (down 28% from 1Q 2022). Profit margin: 2.6% (down from 3.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 19Full year 2022 earnings released: EPS: €0.26 (vs €0.19 in FY 2021)Full year 2022 results: EPS: €0.26 (up from €0.19 in FY 2021). Revenue: €548.6m (flat on FY 2021). Net income: €16.2m (up 34% from FY 2021). Profit margin: 3.0% (up from 2.2% in FY 2021). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Consumer Durables industry in the United Kingdom. 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 5% per year, which means it is significantly lagging earnings.
Buying Opportunity • Dec 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be €3.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 0.03% in 2 years. Earnings is forecast to grow by 61% in the next 2 years.
Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: €0.016 (vs €0.074 in 3Q 2021)Third quarter 2022 results: EPS: €0.016 (down from €0.074 in 3Q 2021). Revenue: €128.8m (down 6.3% from 3Q 2021). Net income: €1.00m (down 79% from 3Q 2021). Profit margin: 0.8% (down from 3.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 01First quarter 2022 earnings released: EPS: €0.075 (vs €0.038 in 1Q 2021)First quarter 2022 results: EPS: €0.075 (up from €0.038 in 1Q 2021). Revenue: €144.0m (up 5.1% from 1Q 2021). Net income: €4.70m (up 96% from 1Q 2021). Profit margin: 3.3% (up from 1.8% in 1Q 2021). Over the next year, revenue is forecast to grow 1.8%, compared to a 10% growth forecast for the industry in the United Kingdom. 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 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: €0.19 (vs €0.028 loss in FY 2020)Full year 2021 results: EPS: €0.19 (up from €0.028 loss in FY 2020). Revenue: €541.3m (up 19% from FY 2020). Net income: €12.1m (up €13.9m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 2.9%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 12Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.19 (up from €0.028 loss in FY 2020). Revenue: €541.3m (up 19% from FY 2020). Net income: €12.1m (up €13.9m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to stay flat compared to a 7.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.