View Past PerformanceCancom バランスシートの健全性財務の健全性 基準チェック /66Cancomの総株主資本は€525.3M 、総負債は€2.0Kで、負債比率は0%となります。総資産と総負債はそれぞれ€1.3Bと€798.2Mです。 Cancomの EBIT は€26.0Mで、利息カバレッジ比率18.4です。現金および短期投資は€106.6Mです。主要情報0.0004%負債資本比率€2.00k負債インタレスト・カバレッジ・レシオ18.4x現金€106.57mエクイティ€525.25m負債合計€798.20m総資産€1.32b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • May 20Dividend of €1.00 announcedDividend of €1.00 is the same as last year. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.4% to bring the payout ratio under control. EPS is expected to grow by 46% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • May 06Cancom SE, Annual General Meeting, Jun 17, 2026Cancom SE, Annual General Meeting, Jun 17, 2026, at 11:00 W. Europe Standard Time.お知らせ • Mar 31Cancom SE announces Annual dividend, payable on June 22, 2026Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 22, 2026, ex-date on June 18, 2026 and record date on June 19, 2026.お知らせ • Nov 08+ 4 more updatesCancom SE to Report Q3, 2026 Results on Nov 12, 2026Cancom SE announced that they will report Q3, 2026 results on Nov 12, 2026お知らせ • May 12Cancom SE, Annual General Meeting, Jun 24, 2025Cancom SE, Annual General Meeting, Jun 24, 2025, at 11:00 W. Europe Standard Time.お知らせ • Apr 01Cancom SE announces Annual dividend, payable on June 27, 2025Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 27, 2025, ex-date on June 25, 2025 and record date on June 26, 2025.お知らせ • Dec 21+ 2 more updatesCancom SE to Report Fiscal Year 2024 Results on Feb 11, 2025Cancom SE announced that they will report fiscal year 2024 results on Feb 11, 2025お知らせ • May 08Cancom SE, Annual General Meeting, Jun 05, 2024Cancom SE, Annual General Meeting, Jun 05, 2024.お知らせ • Dec 16+ 4 more updatesCancom SE to Report Q3, 2024 Results on Nov 12, 2024Cancom SE announced that they will report Q3, 2024 results on Nov 12, 2024お知らせ • Dec 13CANCOM SE Approves Supervisory Board ChangesAt its meeting held on 12 December 2023, the Supervisory Board of CANCOM SE reorganised the responsibilities on the Board. Klaus Weinmann, who was appointed to the Supervisory Board by court order on 25 October 2023, was elected Chairman of the Supervisory Board at today's meeting. The previous Chairman, Mr. Stefan Kober, remains on the Supervisory Board as Deputy Chairman. In this role, he replaces Dr. Lothar Koniarski, who will step down at his own request on 31 December 2023. The Supervisory Board also intends to have Dr. Ilias Läber, Chief Executive Officer at Spectrum Value Management, appointed by the court as the sixth member of the Supervisory Board in the near future until the 2024 Annual General Meeting. Former Executive Board member Klaus Weinmann becomes Chairman of the Supervisory Board. As one of the founders of CANCOM in 1992, Klaus Weinmann played a key role in shaping the company's development. During his time as CEO until 30 September 2018, the CANCOM Group grew dynamically. The Executive Board and Supervisory Board would like to thank Dr. Koniarski in particular for his trustworthy and constructive work on the Supervisory Board of CANCOM SE over the past ten years. In addition, the Supervisory Board and the Executive Board wish the new Chairman of the Supervisory Board, Klaus Weinmann, a good start and thank Stefan Kober for his work as Chairman of the Supervisory Board.お知らせ • Nov 29Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH.Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH on November 27, 2023.The transaction is subject to the customary conditions precedent and antitrust approval. The transaction is expected to be completed at the beginning of January 2024.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €28.06, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.99 per share.Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: €0.095 (vs €0.26 in 2Q 2022)Second quarter 2023 results: EPS: €0.095 (down from €0.26 in 2Q 2022). Revenue: €331.9m (up 10% from 2Q 2022). Net income: €3.45m (down 63% from 2Q 2022). Profit margin: 1.0% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.New Risk • Aug 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% 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: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (8.5% increase in shares outstanding).お知らせ • Jun 17Cancom SE Confirms Swantje Schulze as Member of Supervisory BoardCancom SE at its Annual General Meeting held on 14 June 2023, confirmed Dr. Swantje Schulze as a member of the Supervisory Board.お知らせ • Jun 16Cancom SE Approves DividendCancom SE at its AGM held on June 14, 2023, approved dividend proposal of €1.00 per dividend-bearing share.お知らせ • May 26Cancom SE Updates Financial Forecast for the Financial Year 2023Cancom SE updated financial forecast for the financial year 2023. For the period, the company expected Revenue of €1,630 - 1,700 million (previously €1,320 - 1,390 million).お知らせ • May 10Cancom SE to Report Q1, 2023 Results on May 11, 2023Cancom SE announced that they will report Q1, 2023 results on May 11, 2023お知らせ • Jan 04Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh.Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh on January 3, 2022. NWC Services generated around €5 million of revenue in the 2021 financial year.お知らせ • Dec 02+ 3 more updatesCancom SE to Report Q2, 2023 Results on Aug 10, 2023Cancom SE announced that they will report Q2, 2023 results on Aug 10, 2023Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 47% over the past three years.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: €0.26 (vs €0.29 in 2Q 2021)Second quarter 2022 results: EPS: €0.26 (down from €0.29 in 2Q 2021). Revenue: €300.6m (down 1.5% from 2Q 2021). Net income: €9.22m (down 18% from 2Q 2021). Profit margin: 3.1% (down from 3.7% in 2Q 2021). Over the next year, revenue is forecast to grow 12%, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 24Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.2%). Higher than average of industry peers (2.6%).Reported Earnings • May 14First quarter 2022 earnings released: EPS: €0.30 (vs €0.26 in 1Q 2021)First quarter 2022 results: EPS: €0.30 (up from €0.26 in 1Q 2021). Revenue: €307.2m (down 18% from 1Q 2021). Net income: €11.3m (up 12% from 1Q 2021). Profit margin: 3.7% (up from 2.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 15% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Buying Opportunity • Apr 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.9%. The fair value is estimated to be €59.46, 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. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: €1.17 (vs €1.60 in FY 2020)Full year 2021 results: EPS: €1.17 (down from €1.60 in FY 2020). Revenue: €1.32b (down 20% from FY 2020). Net income: €44.8m (down 27% from FY 2020). Profit margin: 3.4% (down from 3.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 9.5%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €51.84, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 32x in the IT industry in the United Kingdom. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.46 per share.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.29 (vs €0.65 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €305.3m (down 23% from 3Q 2020). Net income: €11.0m (down 56% from 3Q 2020). Profit margin: 3.6% (down from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 17First quarter 2021 earnings released: EPS €0.26 (vs €0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €374.2m (up 7.9% from 1Q 2020). Net income: €10.1m (up 16% from 1Q 2020). Profit margin: 2.7% (up from 2.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Is New 90 Day High Low • Jan 30New 90-day high: €49.03The company is up 44% from its price of €33.98 on 30 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.45 per share.財務状況分析短期負債: COKDの 短期資産 ( €726.7M ) が 短期負債 ( €583.4M ) を超えています。長期負債: COKDの短期資産 ( €726.7M ) が 長期負債 ( €214.8M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: COKD総負債よりも多くの現金を保有しています。負債の削減: COKDの負債対資本比率は、過去 5 年間で0.03%から0%に減少しました。債務返済能力: COKDの負債は 営業キャッシュフロー によって 十分にカバー されています ( 3834000% )。インタレストカバレッジ: COKDの負債に対する 利息支払い は EBIT ( 18.4 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/05/21 04:24終値2026/05/12 00:00収益2026/03/31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Cancom SE 8 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。14 アナリスト機関Gerhard SchwarzBaader Helvea Equity ResearchNicole WinklerBerenbergGustav FrobergBerenberg11 その他のアナリストを表示
Declared Dividend • May 20Dividend of €1.00 announcedDividend of €1.00 is the same as last year. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.4% to bring the payout ratio under control. EPS is expected to grow by 46% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • May 06Cancom SE, Annual General Meeting, Jun 17, 2026Cancom SE, Annual General Meeting, Jun 17, 2026, at 11:00 W. Europe Standard Time.
お知らせ • Mar 31Cancom SE announces Annual dividend, payable on June 22, 2026Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 22, 2026, ex-date on June 18, 2026 and record date on June 19, 2026.
お知らせ • Nov 08+ 4 more updatesCancom SE to Report Q3, 2026 Results on Nov 12, 2026Cancom SE announced that they will report Q3, 2026 results on Nov 12, 2026
お知らせ • May 12Cancom SE, Annual General Meeting, Jun 24, 2025Cancom SE, Annual General Meeting, Jun 24, 2025, at 11:00 W. Europe Standard Time.
お知らせ • Apr 01Cancom SE announces Annual dividend, payable on June 27, 2025Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 27, 2025, ex-date on June 25, 2025 and record date on June 26, 2025.
お知らせ • Dec 21+ 2 more updatesCancom SE to Report Fiscal Year 2024 Results on Feb 11, 2025Cancom SE announced that they will report fiscal year 2024 results on Feb 11, 2025
お知らせ • May 08Cancom SE, Annual General Meeting, Jun 05, 2024Cancom SE, Annual General Meeting, Jun 05, 2024.
お知らせ • Dec 16+ 4 more updatesCancom SE to Report Q3, 2024 Results on Nov 12, 2024Cancom SE announced that they will report Q3, 2024 results on Nov 12, 2024
お知らせ • Dec 13CANCOM SE Approves Supervisory Board ChangesAt its meeting held on 12 December 2023, the Supervisory Board of CANCOM SE reorganised the responsibilities on the Board. Klaus Weinmann, who was appointed to the Supervisory Board by court order on 25 October 2023, was elected Chairman of the Supervisory Board at today's meeting. The previous Chairman, Mr. Stefan Kober, remains on the Supervisory Board as Deputy Chairman. In this role, he replaces Dr. Lothar Koniarski, who will step down at his own request on 31 December 2023. The Supervisory Board also intends to have Dr. Ilias Läber, Chief Executive Officer at Spectrum Value Management, appointed by the court as the sixth member of the Supervisory Board in the near future until the 2024 Annual General Meeting. Former Executive Board member Klaus Weinmann becomes Chairman of the Supervisory Board. As one of the founders of CANCOM in 1992, Klaus Weinmann played a key role in shaping the company's development. During his time as CEO until 30 September 2018, the CANCOM Group grew dynamically. The Executive Board and Supervisory Board would like to thank Dr. Koniarski in particular for his trustworthy and constructive work on the Supervisory Board of CANCOM SE over the past ten years. In addition, the Supervisory Board and the Executive Board wish the new Chairman of the Supervisory Board, Klaus Weinmann, a good start and thank Stefan Kober for his work as Chairman of the Supervisory Board.
お知らせ • Nov 29Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH.Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH on November 27, 2023.The transaction is subject to the customary conditions precedent and antitrust approval. The transaction is expected to be completed at the beginning of January 2024.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €28.06, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.99 per share.
Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: €0.095 (vs €0.26 in 2Q 2022)Second quarter 2023 results: EPS: €0.095 (down from €0.26 in 2Q 2022). Revenue: €331.9m (up 10% from 2Q 2022). Net income: €3.45m (down 63% from 2Q 2022). Profit margin: 1.0% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
New Risk • Aug 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% 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: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (8.5% increase in shares outstanding).
お知らせ • Jun 17Cancom SE Confirms Swantje Schulze as Member of Supervisory BoardCancom SE at its Annual General Meeting held on 14 June 2023, confirmed Dr. Swantje Schulze as a member of the Supervisory Board.
お知らせ • Jun 16Cancom SE Approves DividendCancom SE at its AGM held on June 14, 2023, approved dividend proposal of €1.00 per dividend-bearing share.
お知らせ • May 26Cancom SE Updates Financial Forecast for the Financial Year 2023Cancom SE updated financial forecast for the financial year 2023. For the period, the company expected Revenue of €1,630 - 1,700 million (previously €1,320 - 1,390 million).
お知らせ • May 10Cancom SE to Report Q1, 2023 Results on May 11, 2023Cancom SE announced that they will report Q1, 2023 results on May 11, 2023
お知らせ • Jan 04Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh.Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh on January 3, 2022. NWC Services generated around €5 million of revenue in the 2021 financial year.
お知らせ • Dec 02+ 3 more updatesCancom SE to Report Q2, 2023 Results on Aug 10, 2023Cancom SE announced that they will report Q2, 2023 results on Aug 10, 2023
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €24.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the IT industry in the United Kingdom. Total loss to shareholders of 47% over the past three years.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: €0.26 (vs €0.29 in 2Q 2021)Second quarter 2022 results: EPS: €0.26 (down from €0.29 in 2Q 2021). Revenue: €300.6m (down 1.5% from 2Q 2021). Net income: €9.22m (down 18% from 2Q 2021). Profit margin: 3.1% (down from 3.7% in 2Q 2021). Over the next year, revenue is forecast to grow 12%, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 24Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.2%). Higher than average of industry peers (2.6%).
Reported Earnings • May 14First quarter 2022 earnings released: EPS: €0.30 (vs €0.26 in 1Q 2021)First quarter 2022 results: EPS: €0.30 (up from €0.26 in 1Q 2021). Revenue: €307.2m (down 18% from 1Q 2021). Net income: €11.3m (up 12% from 1Q 2021). Profit margin: 3.7% (up from 2.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10%, compared to a 15% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Buying Opportunity • Apr 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.9%. The fair value is estimated to be €59.46, 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. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: €1.17 (vs €1.60 in FY 2020)Full year 2021 results: EPS: €1.17 (down from €1.60 in FY 2020). Revenue: €1.32b (down 20% from FY 2020). Net income: €44.8m (down 27% from FY 2020). Profit margin: 3.4% (down from 3.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 9.5%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €51.84, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 32x in the IT industry in the United Kingdom. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.46 per share.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.29 (vs €0.65 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €305.3m (down 23% from 3Q 2020). Net income: €11.0m (down 56% from 3Q 2020). Profit margin: 3.6% (down from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 17First quarter 2021 earnings released: EPS €0.26 (vs €0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €374.2m (up 7.9% from 1Q 2020). Net income: €10.1m (up 16% from 1Q 2020). Profit margin: 2.7% (up from 2.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Is New 90 Day High Low • Jan 30New 90-day high: €49.03The company is up 44% from its price of €33.98 on 30 October 2020. The British market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.45 per share.