View Future Growthadesso 過去の業績過去 基準チェック /26adessoの収益は年間平均-43.3%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間10.4% 19%割合で 増加しています。 adessoの自己資本利益率は14%であり、純利益率は1.8%です。主要情報-43.28%収益成長率-44.10%EPS成長率IT 業界の成長17.66%収益成長率19.01%株主資本利益率13.99%ネット・マージン1.77%次回の業績アップデート14 Aug 2026最近の業績更新Reported Earnings • Apr 01Full year 2025 earnings released: EPS: €2.78 (vs €1.25 in FY 2024)Full year 2025 results: EPS: €2.78 (up from €1.25 in FY 2024). Revenue: €1.50b (up 15% from FY 2024). Net income: €18.1m (up 123% from FY 2024). Profit margin: 1.2% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 20+ 3 more updatesadesso SE to Report Fiscal Year 2025 Results on Mar 31, 2026adesso SE announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: €1.77 (vs €1.67 in 3Q 2024)Third quarter 2025 results: EPS: €1.77 (up from €1.67 in 3Q 2024). Revenue: €386.4m (up 17% from 3Q 2024). Net income: €12.0m (up 10.0% from 3Q 2024). Profit margin: 3.1% (down from 3.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: €0.34 loss per share (vs €1.02 loss in 2Q 2024)Second quarter 2025 results: €0.34 loss per share (improved from €1.02 loss in 2Q 2024). Revenue: €361.1m (up 15% from 2Q 2024). Net loss: €2.18m (loss narrowed 67% from 2Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Reported Earnings • May 13First quarter 2025 earnings released: €0.53 loss per share (vs €0.49 loss in 1Q 2024)First quarter 2025 results: €0.53 loss per share (further deteriorated from €0.49 loss in 1Q 2024). Revenue: €358.7m (up 13% from 1Q 2024). Net loss: €3.48m (loss widened 8.8% from 1Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 27Full year 2024 earnings released: EPS: €1.25 (vs €0.49 in FY 2023)Full year 2024 results: EPS: €1.25 (up from €0.49 in FY 2023). Revenue: €1.32b (up 16% from FY 2023). Net income: €8.12m (up 153% from FY 2023). Profit margin: 0.6% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesNew Risk • May 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 72% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.お知らせ • Apr 27adesso SE, Annual General Meeting, Jun 03, 2026adesso SE, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time.Reported Earnings • Apr 01Full year 2025 earnings released: EPS: €2.78 (vs €1.25 in FY 2024)Full year 2025 results: EPS: €2.78 (up from €1.25 in FY 2024). Revenue: €1.50b (up 15% from FY 2024). Net income: €18.1m (up 123% from FY 2024). Profit margin: 1.2% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Declared Dividend • Mar 04Dividend increased to €0.78Dividend of €0.78 is 4.0% higher than last year. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 36%. Cash payout ratio: 10%.お知らせ • Mar 03adesso SE announces Annual dividend, payable on June 08, 2026adesso SE announced Annual dividend of EUR 0.7800 per share payable on June 08, 2026, ex-date on June 04, 2026 and record date on June 05, 2026.Buy Or Sell Opportunity • Feb 26Now 33% overvaluedOver the last 90 days, the stock has fallen 33% to €64.05. The fair value is estimated to be €47.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.お知らせ • Nov 20+ 3 more updatesadesso SE to Report Fiscal Year 2025 Results on Mar 31, 2026adesso SE announced that they will report fiscal year 2025 results on Mar 31, 2026Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: €1.77 (vs €1.67 in 3Q 2024)Third quarter 2025 results: EPS: €1.77 (up from €1.67 in 3Q 2024). Revenue: €386.4m (up 17% from 3Q 2024). Net income: €12.0m (up 10.0% from 3Q 2024). Profit margin: 3.1% (down from 3.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: €0.34 loss per share (vs €1.02 loss in 2Q 2024)Second quarter 2025 results: €0.34 loss per share (improved from €1.02 loss in 2Q 2024). Revenue: €361.1m (up 15% from 2Q 2024). Net loss: €2.18m (loss narrowed 67% from 2Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Upcoming Dividend • May 28Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.1%).New Risk • May 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • May 13First quarter 2025 earnings released: €0.53 loss per share (vs €0.49 loss in 1Q 2024)First quarter 2025 results: €0.53 loss per share (further deteriorated from €0.49 loss in 1Q 2024). Revenue: €358.7m (up 13% from 1Q 2024). Net loss: €3.48m (loss widened 8.8% from 1Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.お知らせ • Apr 24adesso SE, Annual General Meeting, Jun 03, 2025adesso SE, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time.Reported Earnings • Mar 27Full year 2024 earnings released: EPS: €1.25 (vs €0.49 in FY 2023)Full year 2024 results: EPS: €1.25 (up from €0.49 in FY 2023). Revenue: €1.32b (up 16% from FY 2023). Net income: €8.12m (up 153% from FY 2023). Profit margin: 0.6% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Declared Dividend • Feb 24Dividend increased to €0.75Dividend of €0.75 is 7.1% higher than last year. Ex-date: 4th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 100%. Cash payout ratio: 4%.お知らせ • Feb 22+ 1 more updateadesso SE Provides Earnings Guidance for the Year 2025adesso SE provided earnings guidance for the year 2025. For the year, the company expects sales between EUR 1.35 billion and 1.45 billion.Buy Or Sell Opportunity • Jan 16Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €89.40. The fair value is estimated to be €73.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 87%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.お知らせ • Nov 25+ 3 more updatesadesso SE to Report Q3, 2025 Results on Nov 12, 2025adesso SE announced that they will report Q3, 2025 results on Nov 12, 2025Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €1.67 (vs €0.85 in 3Q 2023)Third quarter 2024 results: EPS: €1.67 (up from €0.85 in 3Q 2023). Revenue: €343.6m (up 19% from 3Q 2023). Net income: €10.9m (up 96% from 3Q 2023). Profit margin: 3.2% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2024 earnings released: €1.02 loss per share (vs €1.18 loss in 2Q 2023)Second quarter 2024 results: €1.02 loss per share (improved from €1.18 loss in 2Q 2023). Revenue: €323.4m (up 19% from 2Q 2023). Net loss: €6.66m (loss narrowed 13% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Aug 06Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to €78.60. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • May 29Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.3%).New Risk • May 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.New Risk • May 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 26Full year 2023 earnings released: EPS: €0.49 (vs €4.40 in FY 2022)Full year 2023 results: EPS: €0.49 (down from €4.40 in FY 2022). Revenue: €1.15b (up 28% from FY 2022). Net income: €3.21m (down 89% from FY 2022). Profit margin: 0.3% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Declared Dividend • Mar 04Dividend increased to €0.70Dividend of €0.70 is 7.7% higher than last year. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.4%.お知らせ • Nov 19adesso SE to Report Fiscal Year 2023 Results on Mar 25, 2024adesso SE announced that they will report fiscal year 2023 results on Mar 25, 2024お知らせ • Nov 18+ 1 more updateadesso SE to Report Q1, 2024 Results on May 15, 2024adesso SE announced that they will report Q1, 2024 results on May 15, 2024Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: €0.85 (vs €2.01 in 3Q 2022)Third quarter 2023 results: EPS: €0.85 (down from €2.01 in 3Q 2022). Revenue: €296.3m (up 23% from 3Q 2022). Net income: €5.57m (down 58% from 3Q 2022). Profit margin: 1.9% (down from 5.4% in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Oct 06+ 1 more updateadesso SE Announces CEO ChangesThe Supervisory Board of adesso SE has appointed Mark Lohweber (54) as the successor to CEO Michael Kenfenheuer (65), who will be leaving the company at the end of 2023. Lohweber has been a member of the Executive Board of adesso SE since July 2023 and has successively taken over Kenfenheuer's areas of responsibility. In the Executive Board, he is responsible for the Banking and Insurance sectors as well as the Corporate Account Management. In addition, he is responsible for major subsidiaries such as adesso insurance solutions GmbH, Afida GmbH, adesso banking solutions GmbH and WEPEX GmbH. adesso SE and Lohweber know each other well thanks to various management positions he has held within adesso from 2007 to 2021. Before being appointed as a Member of the Executive Board of adesso SE in July, the skilled banker and law graduate was CEO of CoCoNet AG. As a member of the Executive Board since 2000, Kenfenheuer has successfully shaped the development of adesso into a leading IT group. From 2011 to 2015, he was Co-Chairman of the Executive Board and subsequently took over as CEO.New Risk • Aug 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).Reported Earnings • Aug 16Second quarter 2023 earnings released: €1.18 loss per share (vs €0.29 loss in 2Q 2022)Second quarter 2023 results: €1.18 loss per share (further deteriorated from €0.29 loss in 2Q 2022). Revenue: €276.5m (up 36% from 2Q 2022). Net loss: €7.69m (loss widened 307% from 2Q 2022). 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 fallen by 10% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Buying Opportunity • Jul 06Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 4.2%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.お知らせ • Jun 20adesso SE Announces Board ChangesThe Supervisory Board of adesso SE has appointed Mark Lohweber (54) as an additional member to the IT service provider's Executive Board as of 1 July 2023. Lohweber will take over responsibility for the core industries insurance and banking from long-time CEO Michael Kenfenheuer (65), who will step down from the adesso Executive Board after completing his Executive Board contract, which was extended to cover the period from 2022 to the end of 2023. The 54-year-old worked for adesso from 2007 to 2021, holding various management positions and helping drive the company's strong growth. His main areas of expertise are financial services, digitalisation and sales. He is familiar with the challenges facing growth-oriented companies and the tasks ahead of the banking and insurance industries, for which he will be responsible. Lohweber has spent the past two years as CEO of CoCoNet AG, a leading European fintech, where he was in charge of the firm's strategic realignment. In his new role as a member of the adesso SE Executive Board, Lohweber will also oversee key product companies in the adesso Group, including the product subsidiary adesso insurance solutions GmbH and adesso banking solutions GmbH, as well as corporate account management at adesso SE.Upcoming Dividend • May 26Upcoming dividend of €0.65 per share at 0.5% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.4%).Reported Earnings • May 20First quarter 2023 earnings released: EPS: €0.28 (vs €1.92 in 1Q 2022)First quarter 2023 results: EPS: €0.28 (down from €1.92 in 1Q 2022). Revenue: €280.0m (up 33% from 1Q 2022). Net income: €1.79m (down 86% from 1Q 2022). Profit margin: 0.6% (down from 5.9% in 1Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 17adesso SE (XTRA:ADN1) signed an agreement to acquire 51% stake in Wepex GmbH.adesso SE (XTRA:ADN1) signed an agreement to acquire 51% stake in Wepex GmbH on February 16, 2023. WEPEX GmbH’s current managing partners, Arno Radermacher, Frank Thole and Oliver Schlicht, will continue in their roles and work with adesso. The 30 securities experts at WEPEX will now join the banking segment of the adesso Group. Wepex GmbH generated revenue of 5 million in 2022. The transaction is expected to close in the first quarter of 2023.お知らせ • Jan 20adesso SE (XTRA:ADN1) acquired WebScience Srl.adesso SE (XTRA:ADN1) acquired WebScience Srl on January 19, 2023. WebScience recorded sales of €10 million past year. The management of WebScience, comprising the company founders Stefano Mainetti, Francesco Micotti and Massimo Ficagna, will take over the management of adesso Italia in the future. Andrea Buzzi, previously Country Manager at adesso Italia and Lugano Site Manager in Switzerland, will become a member of the Management Board of adesso Italia as a representative of the parent company. In this function, Buzzi will oversee the integration of WebScience respectively the still young adesso Italia into the Europe-wide adesso Group. WebScience’s presence in Milan at Viale Edoardo Jenner 51 will be made into the new headquarter for adesso Italia.adesso SE (XTRA:ADN1) completed the acquisition of WebScience Srl on January 19, 2023. Antonio Scarabosio and Andrea Bianchini of Clairfield International acted as financial advisor to adesso SE in the transaction.お知らせ • Nov 18+ 4 more updatesadesso SE to Report Q1, 2023 Results on May 15, 2023adesso SE announced that they will report Q1, 2023 results on May 15, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €2.01 (vs €1.86 in 3Q 2021)Third quarter 2022 results: EPS: €2.01 (up from €1.86 in 3Q 2021). Revenue: €259.9m (up 50% from 3Q 2021). Net income: €13.1m (up 14% from 3Q 2021). Profit margin: 5.1% (down from 6.6% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, 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 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 16Second quarter 2022 earnings released: €0.29 loss per share (vs €1.12 profit in 2Q 2021)Second quarter 2022 results: €0.29 loss per share (down from €1.12 profit in 2Q 2021). Revenue: €202.6m (up 27% from 2Q 2021). Net loss: €1.89m (down 127% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 10%, 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 36% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €156, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 213% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €199 per share.Buying Opportunity • Jun 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be €196, however this is not to be taken as a buy 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 45%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.Upcoming Dividend • May 25Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (2.5%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: €1.92 (vs €3.78 in 1Q 2021)First quarter 2022 results: EPS: €1.92 (down from €3.78 in 1Q 2021). Revenue: €217.1m (up 19% from 1Q 2021). Net income: €12.5m (down 47% from 1Q 2021). Profit margin: 5.7% (down from 13% in 1Q 2021). Over the next year, revenue is forecast to grow 14%, 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 45% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: €7.65 (vs €3.39 in FY 2020)Full year 2021 results: EPS: €7.65 (up from €3.39 in FY 2020). Revenue: €707.4m (up 35% from FY 2020). Net income: €47.9m (up 128% from FY 2020). Profit margin: 6.8% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 17% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Mar 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 2.6%. The fair value is estimated to be €232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years.Buying Opportunity • Feb 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years.Buying Opportunity • Jan 24Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be €223, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS €1.86 (vs €1.25 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €197.6m (up 43% from 3Q 2020). Net income: €11.5m (up 49% from 3Q 2020). Profit margin: 5.8% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to €208, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 35x in the IT industry in the United Kingdom. Total returns to shareholders of 261% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €184 per share.Reported Earnings • Sep 01First half 2021 earnings released: EPS €4.90 (vs €0.89 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €322.4m (up 31% from 1H 2020). Net income: €30.3m (up 451% from 1H 2020). Profit margin: 9.4% (up from 2.2% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 21Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 01 June 2021. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.9%).Is New 90 Day High Low • Jan 27New 90-day high: €116The company is up 82% from its price of €63.40 on 28 October 2020. The British market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €123 per share.Is New 90 Day High Low • Jan 06New 90-day high: €102The company is up 40% from its price of €72.67 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €122 per share.Is New 90 Day High Low • Dec 04New 90-day high: €98.60The company is up 41% from its price of €69.80 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €95.13 per share.Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 17% share price gain to €87.60, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 24.7x. This compares to an average P/E of 31x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 68%.Is New 90 Day High Low • Nov 07New 90-day high: €76.40The company is up 26% from its price of €60.77 on 07 August 2020. The British market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €86.48 per share.Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 16% share price gain to €75.20, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 30x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 51%.収支内訳adesso 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LSE:0N5I 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Mar 261,5372727031 Dec 251,4891827030 Sep 251,423525030 Jun 251,379425031 Mar 251,335-125031 Dec 241,298325030 Sep 241,269520030 Jun 241,225-120031 Mar 241,182-220031 Dec 231,140320030 Sep 231,084516030 Jun 231,0371216031 Mar 239691816031 Dec 229012916030 Sep 228362911030 Jun 227692811031 Mar 227253711031 Dec 216784811030 Sep 21636459030 Jun 21600469031 Mar 21564429031 Dec 20524219030 Sep 20503244030 Jun 20484199031 Mar 20467189031 Dec 19451179030 Sep 194321511030 Jun 194121314031 Mar 193951314031 Dec 183781414030 Sep 183641414030 Jun 183511414031 Mar 183361314031 Dec 173221114030 Sep 173071113030 Jun 172921112031 Mar 172761212031 Dec 162611212030 Sep 162451010030 Jun 1622979031 Mar 1621369031 Dec 1519759030 Sep 1518347030 Jun 15169440質の高い収益: 0N5Iは 高品質の収益 を持っています。利益率の向上: 0N5I過去に利益を上げました。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: 0N5Iの収益は過去 5 年間で年間43.3%減少しました。成長の加速: 0N5Iは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 0N5I昨年収益を上げたため、昨年の収益成長をIT業界 ( -10% ) と比較することは困難です。株主資本利益率高いROE: 0N5Iの 自己資本利益率 ( 14% ) 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7D1Y7D1Y7D1YSoftware 、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2026/05/22 14:06終値2026/05/22 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adesso SE 6 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。11 アナリスト機関Daniel GroßjohannBankM AGWolfgang SpechtBerenbergFinn KemperHauck Aufhäuser Investment Banking8 その他のアナリストを表示
Reported Earnings • Apr 01Full year 2025 earnings released: EPS: €2.78 (vs €1.25 in FY 2024)Full year 2025 results: EPS: €2.78 (up from €1.25 in FY 2024). Revenue: €1.50b (up 15% from FY 2024). Net income: €18.1m (up 123% from FY 2024). Profit margin: 1.2% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 20+ 3 more updatesadesso SE to Report Fiscal Year 2025 Results on Mar 31, 2026adesso SE announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: €1.77 (vs €1.67 in 3Q 2024)Third quarter 2025 results: EPS: €1.77 (up from €1.67 in 3Q 2024). Revenue: €386.4m (up 17% from 3Q 2024). Net income: €12.0m (up 10.0% from 3Q 2024). Profit margin: 3.1% (down from 3.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: €0.34 loss per share (vs €1.02 loss in 2Q 2024)Second quarter 2025 results: €0.34 loss per share (improved from €1.02 loss in 2Q 2024). Revenue: €361.1m (up 15% from 2Q 2024). Net loss: €2.18m (loss narrowed 67% from 2Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 13First quarter 2025 earnings released: €0.53 loss per share (vs €0.49 loss in 1Q 2024)First quarter 2025 results: €0.53 loss per share (further deteriorated from €0.49 loss in 1Q 2024). Revenue: €358.7m (up 13% from 1Q 2024). Net loss: €3.48m (loss widened 8.8% from 1Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 27Full year 2024 earnings released: EPS: €1.25 (vs €0.49 in FY 2023)Full year 2024 results: EPS: €1.25 (up from €0.49 in FY 2023). Revenue: €1.32b (up 16% from FY 2023). Net income: €8.12m (up 153% from FY 2023). Profit margin: 0.6% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
New Risk • May 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 72% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.
お知らせ • Apr 27adesso SE, Annual General Meeting, Jun 03, 2026adesso SE, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time.
Reported Earnings • Apr 01Full year 2025 earnings released: EPS: €2.78 (vs €1.25 in FY 2024)Full year 2025 results: EPS: €2.78 (up from €1.25 in FY 2024). Revenue: €1.50b (up 15% from FY 2024). Net income: €18.1m (up 123% from FY 2024). Profit margin: 1.2% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Mar 04Dividend increased to €0.78Dividend of €0.78 is 4.0% higher than last year. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 36%. Cash payout ratio: 10%.
お知らせ • Mar 03adesso SE announces Annual dividend, payable on June 08, 2026adesso SE announced Annual dividend of EUR 0.7800 per share payable on June 08, 2026, ex-date on June 04, 2026 and record date on June 05, 2026.
Buy Or Sell Opportunity • Feb 26Now 33% overvaluedOver the last 90 days, the stock has fallen 33% to €64.05. The fair value is estimated to be €47.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
お知らせ • Nov 20+ 3 more updatesadesso SE to Report Fiscal Year 2025 Results on Mar 31, 2026adesso SE announced that they will report fiscal year 2025 results on Mar 31, 2026
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: €1.77 (vs €1.67 in 3Q 2024)Third quarter 2025 results: EPS: €1.77 (up from €1.67 in 3Q 2024). Revenue: €386.4m (up 17% from 3Q 2024). Net income: €12.0m (up 10.0% from 3Q 2024). Profit margin: 3.1% (down from 3.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: €0.34 loss per share (vs €1.02 loss in 2Q 2024)Second quarter 2025 results: €0.34 loss per share (improved from €1.02 loss in 2Q 2024). Revenue: €361.1m (up 15% from 2Q 2024). Net loss: €2.18m (loss narrowed 67% from 2Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • May 28Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.1%).
New Risk • May 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • May 13First quarter 2025 earnings released: €0.53 loss per share (vs €0.49 loss in 1Q 2024)First quarter 2025 results: €0.53 loss per share (further deteriorated from €0.49 loss in 1Q 2024). Revenue: €358.7m (up 13% from 1Q 2024). Net loss: €3.48m (loss widened 8.8% from 1Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 24adesso SE, Annual General Meeting, Jun 03, 2025adesso SE, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time.
Reported Earnings • Mar 27Full year 2024 earnings released: EPS: €1.25 (vs €0.49 in FY 2023)Full year 2024 results: EPS: €1.25 (up from €0.49 in FY 2023). Revenue: €1.32b (up 16% from FY 2023). Net income: €8.12m (up 153% from FY 2023). Profit margin: 0.6% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Declared Dividend • Feb 24Dividend increased to €0.75Dividend of €0.75 is 7.1% higher than last year. Ex-date: 4th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 100%. Cash payout ratio: 4%.
お知らせ • Feb 22+ 1 more updateadesso SE Provides Earnings Guidance for the Year 2025adesso SE provided earnings guidance for the year 2025. For the year, the company expects sales between EUR 1.35 billion and 1.45 billion.
Buy Or Sell Opportunity • Jan 16Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to €89.40. The fair value is estimated to be €73.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 87%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.
お知らせ • Nov 25+ 3 more updatesadesso SE to Report Q3, 2025 Results on Nov 12, 2025adesso SE announced that they will report Q3, 2025 results on Nov 12, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €1.67 (vs €0.85 in 3Q 2023)Third quarter 2024 results: EPS: €1.67 (up from €0.85 in 3Q 2023). Revenue: €343.6m (up 19% from 3Q 2023). Net income: €10.9m (up 96% from 3Q 2023). Profit margin: 3.2% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2024 earnings released: €1.02 loss per share (vs €1.18 loss in 2Q 2023)Second quarter 2024 results: €1.02 loss per share (improved from €1.18 loss in 2Q 2023). Revenue: €323.4m (up 19% from 2Q 2023). Net loss: €6.66m (loss narrowed 13% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Aug 06Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to €78.60. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • May 29Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.3%).
New Risk • May 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
New Risk • May 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: €0.49 (vs €4.40 in FY 2022)Full year 2023 results: EPS: €0.49 (down from €4.40 in FY 2022). Revenue: €1.15b (up 28% from FY 2022). Net income: €3.21m (down 89% from FY 2022). Profit margin: 0.3% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Declared Dividend • Mar 04Dividend increased to €0.70Dividend of €0.70 is 7.7% higher than last year. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.4%.
お知らせ • Nov 19adesso SE to Report Fiscal Year 2023 Results on Mar 25, 2024adesso SE announced that they will report fiscal year 2023 results on Mar 25, 2024
お知らせ • Nov 18+ 1 more updateadesso SE to Report Q1, 2024 Results on May 15, 2024adesso SE announced that they will report Q1, 2024 results on May 15, 2024
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: €0.85 (vs €2.01 in 3Q 2022)Third quarter 2023 results: EPS: €0.85 (down from €2.01 in 3Q 2022). Revenue: €296.3m (up 23% from 3Q 2022). Net income: €5.57m (down 58% from 3Q 2022). Profit margin: 1.9% (down from 5.4% in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Oct 06+ 1 more updateadesso SE Announces CEO ChangesThe Supervisory Board of adesso SE has appointed Mark Lohweber (54) as the successor to CEO Michael Kenfenheuer (65), who will be leaving the company at the end of 2023. Lohweber has been a member of the Executive Board of adesso SE since July 2023 and has successively taken over Kenfenheuer's areas of responsibility. In the Executive Board, he is responsible for the Banking and Insurance sectors as well as the Corporate Account Management. In addition, he is responsible for major subsidiaries such as adesso insurance solutions GmbH, Afida GmbH, adesso banking solutions GmbH and WEPEX GmbH. adesso SE and Lohweber know each other well thanks to various management positions he has held within adesso from 2007 to 2021. Before being appointed as a Member of the Executive Board of adesso SE in July, the skilled banker and law graduate was CEO of CoCoNet AG. As a member of the Executive Board since 2000, Kenfenheuer has successfully shaped the development of adesso into a leading IT group. From 2011 to 2015, he was Co-Chairman of the Executive Board and subsequently took over as CEO.
New Risk • Aug 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin).
Reported Earnings • Aug 16Second quarter 2023 earnings released: €1.18 loss per share (vs €0.29 loss in 2Q 2022)Second quarter 2023 results: €1.18 loss per share (further deteriorated from €0.29 loss in 2Q 2022). Revenue: €276.5m (up 36% from 2Q 2022). Net loss: €7.69m (loss widened 307% from 2Q 2022). 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 fallen by 10% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Buying Opportunity • Jul 06Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 4.2%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.
お知らせ • Jun 20adesso SE Announces Board ChangesThe Supervisory Board of adesso SE has appointed Mark Lohweber (54) as an additional member to the IT service provider's Executive Board as of 1 July 2023. Lohweber will take over responsibility for the core industries insurance and banking from long-time CEO Michael Kenfenheuer (65), who will step down from the adesso Executive Board after completing his Executive Board contract, which was extended to cover the period from 2022 to the end of 2023. The 54-year-old worked for adesso from 2007 to 2021, holding various management positions and helping drive the company's strong growth. His main areas of expertise are financial services, digitalisation and sales. He is familiar with the challenges facing growth-oriented companies and the tasks ahead of the banking and insurance industries, for which he will be responsible. Lohweber has spent the past two years as CEO of CoCoNet AG, a leading European fintech, where he was in charge of the firm's strategic realignment. In his new role as a member of the adesso SE Executive Board, Lohweber will also oversee key product companies in the adesso Group, including the product subsidiary adesso insurance solutions GmbH and adesso banking solutions GmbH, as well as corporate account management at adesso SE.
Upcoming Dividend • May 26Upcoming dividend of €0.65 per share at 0.5% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.4%).
Reported Earnings • May 20First quarter 2023 earnings released: EPS: €0.28 (vs €1.92 in 1Q 2022)First quarter 2023 results: EPS: €0.28 (down from €1.92 in 1Q 2022). Revenue: €280.0m (up 33% from 1Q 2022). Net income: €1.79m (down 86% from 1Q 2022). Profit margin: 0.6% (down from 5.9% in 1Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 17adesso SE (XTRA:ADN1) signed an agreement to acquire 51% stake in Wepex GmbH.adesso SE (XTRA:ADN1) signed an agreement to acquire 51% stake in Wepex GmbH on February 16, 2023. WEPEX GmbH’s current managing partners, Arno Radermacher, Frank Thole and Oliver Schlicht, will continue in their roles and work with adesso. The 30 securities experts at WEPEX will now join the banking segment of the adesso Group. Wepex GmbH generated revenue of 5 million in 2022. The transaction is expected to close in the first quarter of 2023.
お知らせ • Jan 20adesso SE (XTRA:ADN1) acquired WebScience Srl.adesso SE (XTRA:ADN1) acquired WebScience Srl on January 19, 2023. WebScience recorded sales of €10 million past year. The management of WebScience, comprising the company founders Stefano Mainetti, Francesco Micotti and Massimo Ficagna, will take over the management of adesso Italia in the future. Andrea Buzzi, previously Country Manager at adesso Italia and Lugano Site Manager in Switzerland, will become a member of the Management Board of adesso Italia as a representative of the parent company. In this function, Buzzi will oversee the integration of WebScience respectively the still young adesso Italia into the Europe-wide adesso Group. WebScience’s presence in Milan at Viale Edoardo Jenner 51 will be made into the new headquarter for adesso Italia.adesso SE (XTRA:ADN1) completed the acquisition of WebScience Srl on January 19, 2023. Antonio Scarabosio and Andrea Bianchini of Clairfield International acted as financial advisor to adesso SE in the transaction.
お知らせ • Nov 18+ 4 more updatesadesso SE to Report Q1, 2023 Results on May 15, 2023adesso SE announced that they will report Q1, 2023 results on May 15, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €2.01 (vs €1.86 in 3Q 2021)Third quarter 2022 results: EPS: €2.01 (up from €1.86 in 3Q 2021). Revenue: €259.9m (up 50% from 3Q 2021). Net income: €13.1m (up 14% from 3Q 2021). Profit margin: 5.1% (down from 6.6% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, 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 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 16Second quarter 2022 earnings released: €0.29 loss per share (vs €1.12 profit in 2Q 2021)Second quarter 2022 results: €0.29 loss per share (down from €1.12 profit in 2Q 2021). Revenue: €202.6m (up 27% from 2Q 2021). Net loss: €1.89m (down 127% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 10%, 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 36% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €156, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the IT industry in the United Kingdom. Total returns to shareholders of 213% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €199 per share.
Buying Opportunity • Jun 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be €196, however this is not to be taken as a buy 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 45%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.
Upcoming Dividend • May 25Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (2.5%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: €1.92 (vs €3.78 in 1Q 2021)First quarter 2022 results: EPS: €1.92 (down from €3.78 in 1Q 2021). Revenue: €217.1m (up 19% from 1Q 2021). Net income: €12.5m (down 47% from 1Q 2021). Profit margin: 5.7% (down from 13% in 1Q 2021). Over the next year, revenue is forecast to grow 14%, 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 45% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: €7.65 (vs €3.39 in FY 2020)Full year 2021 results: EPS: €7.65 (up from €3.39 in FY 2020). Revenue: €707.4m (up 35% from FY 2020). Net income: €47.9m (up 128% from FY 2020). Profit margin: 6.8% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 17% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Mar 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 2.6%. The fair value is estimated to be €232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years.
Buying Opportunity • Feb 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years.
Buying Opportunity • Jan 24Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be €223, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. Earnings per share has grown by 46% per annum over the last 3 years.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS €1.86 (vs €1.25 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €197.6m (up 43% from 3Q 2020). Net income: €11.5m (up 49% from 3Q 2020). Profit margin: 5.8% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to €208, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 35x in the IT industry in the United Kingdom. Total returns to shareholders of 261% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €184 per share.
Reported Earnings • Sep 01First half 2021 earnings released: EPS €4.90 (vs €0.89 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €322.4m (up 31% from 1H 2020). Net income: €30.3m (up 451% from 1H 2020). Profit margin: 9.4% (up from 2.2% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 21Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 01 June 2021. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.9%).
Is New 90 Day High Low • Jan 27New 90-day high: €116The company is up 82% from its price of €63.40 on 28 October 2020. The British market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €123 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €102The company is up 40% from its price of €72.67 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €122 per share.
Is New 90 Day High Low • Dec 04New 90-day high: €98.60The company is up 41% from its price of €69.80 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €95.13 per share.
Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 17% share price gain to €87.60, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 24.7x. This compares to an average P/E of 31x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 68%.
Is New 90 Day High Low • Nov 07New 90-day high: €76.40The company is up 26% from its price of €60.77 on 07 August 2020. The British market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €86.48 per share.
Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 16% share price gain to €75.20, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 30x in the IT industry in the United Kingdom. Total returns to shareholders over the past three years are 51%.