View Valuationbpost/SA 将来の成長Future 基準チェック /36bpost/SA利益と収益がそれぞれ年間71.1%と2.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.8% 73.1%なると予測されています。主要情報71.1%収益成長率73.11%EPS成長率Logistics 収益成長17.1%収益成長率2.3%将来の株主資本利益率11.76%アナリストカバレッジLow最終更新日08 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings released: EPS: €0 (vs €0.03 loss in 1Q 2025)First quarter 2026 results: EPS: €0 (improved from €0.03 loss in 1Q 2025). Revenue: €1.06b (down 4.6% from 1Q 2025). Net loss: €100.0k (loss narrowed 98% from 1Q 2025). Profit margin: 0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.New Risk • May 06New major risk - Revenue and earnings growthEarnings have declined by 44% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 44% per year over the past 5 years.Reported Earnings • Apr 09Full year 2025 earnings released: €0.20 loss per share (vs €1.03 loss in FY 2024)Full year 2025 results: €0.20 loss per share (improved from €1.03 loss in FY 2024). Revenue: €4.47b (up 3.2% from FY 2024). Net loss: €40.3m (loss narrowed 80% from FY 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.New Risk • Mar 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 09Full year 2025 earnings releasedFull year 2025 results: Revenue: €4.48b (up 3.5% from FY 2024). Net income: €51.0m (up €256.1m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.お知らせ • Jan 22+ 1 more updatebpost NV/SA to Report Q3, 2026 Results on Nov 06, 2026bpost NV/SA announced that they will report Q3, 2026 results at 10:00 AM, Central European Standard Time on Nov 06, 2026Buy Or Sell Opportunity • Dec 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €1.92. The fair value is estimated to be €2.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 09Third quarter 2025 earnings released: €0.17 loss per share (vs €0.11 loss in 3Q 2024)Third quarter 2025 results: €0.17 loss per share (further deteriorated from €0.11 loss in 3Q 2024). Revenue: €1.03b (flat on 3Q 2024). Net loss: €34.6m (loss widened 56% from 3Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.お知らせ • Nov 05+ 2 more updatesbpost NV/SA to Report Q4, 2025 Results on Mar 06, 2026bpost NV/SA announced that they will report Q4, 2025 results at 7:00 AM, Central European Standard Time on Mar 06, 2026Buy Or Sell Opportunity • Oct 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.2% to €2.10. The fair value is estimated to be €2.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.お知らせ • Sep 25bpostgroup Appoints Dieter Van Putte as Chief Technology Officer for Cross Border Divisionbpostgroup announced the appointment of Dieter Van Putte as the new Chief Technology Officer for its Cross Border division. Cross Border is the division of bpostgroup that focuses on international e-commerce and logistics solutions, overseeing operations at Landmark Global, the group’s international logistics subsidiary, and Apple Express, its specialized provider of last mile delivery in North America. In this newly created role, Van Putte will lead the division’s technology strategy and execution, reporting to Frank Croket, Chief Digital Officer of bpostgroup, and working closely with James Edge, Chief Executive Officer of the Cross Border division. Van Putte brings nearly two decades of experience in technology and digital transformation. He joins from Accenture, where he served as Associate Director, advising senior executives on IT transformation initiatives and leading projects in software engineering and logistics to deliver scalable, tech-enabled solutions. The appointment comes as the logistics and cross-border commerce sectors undergo rapid transformation driven by digitalization, automation, and rising customer expectations for speed and reliability. By investing in dedicated technology leadership, bpostgroup is reinforcing its position as a forward-looking logistics provider equipped to help clients navigate the growing complexity of global trade. In his role, Van Putte will enhance digital platforms, drive automation, and improve system integration with global partners. By unifying data architecture across regions, he will enable smarter decision-making, improved reliability, and streamlined cross border operations, giving clients faster, more predictable delivery performance. Van Putte holds a Master of Science in Computer Science Engineering from Ghent University.Buy Or Sell Opportunity • Aug 13Now 21% undervaluedOver the last 90 days, the stock has risen 55% to €2.41. The fair value is estimated to be €3.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: €0.006 (vs €0.16 in 2Q 2024)Second quarter 2025 results: EPS: €0.006 (down from €0.16 in 2Q 2024). Revenue: €1.09b (up 11% from 2Q 2024). Net income: €1.30m (down 96% from 2Q 2024). Profit margin: 0.1% (down from 3.2% in 2Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • May 12First quarter 2025 earnings released: €0.029 loss per share (vs €0.21 profit in 1Q 2024)First quarter 2025 results: €0.029 loss per share (down from €0.21 profit in 1Q 2024). Revenue: €1.12b (up 13% from 1Q 2024). Net loss: €5.90m (down 114% from profit in 1Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 02Full year 2024 earnings releasedFull year 2024 results: Revenue: €4.34b (up 2.0% from FY 2023). Net loss: €209.2m (down 418% from profit in FY 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings.New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 3.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (3.8% average weekly change).Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €1.56, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 13x in the Logistics industry in Europe. Total loss to shareholders of 70% over the past three years.お知らせ • Feb 28bpost NV/SA to Report Fiscal Year 2024 Results on Mar 26, 2025bpost NV/SA announced that they will report fiscal year 2024 results on Mar 26, 2025お知らせ • Jan 23+ 3 more updatesbpost NV/SA to Report Q4, 2024 Results on Feb 28, 2025bpost NV/SA announced that they will report Q4, 2024 results at 10:00 AM, Central European Standard Time on Feb 28, 2025New Risk • Nov 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 10Third quarter 2024 earnings released: €0.11 loss per share (vs €0.28 loss in 3Q 2023)Third quarter 2024 results: €0.11 loss per share (improved from €0.28 loss in 3Q 2023). Revenue: €1.03b (up 5.1% from 3Q 2023). Net loss: €22.2m (loss narrowed 61% from 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 33% per year.Reported Earnings • Aug 03Second quarter 2024 earnings released: EPS: €0.16 (vs €0.22 in 2Q 2023)Second quarter 2024 results: EPS: €0.16 (down from €0.22 in 2Q 2023). Revenue: €988.1m (down 2.9% from 2Q 2023). Net income: €31.5m (down 28% from 2Q 2023). Profit margin: 3.2% (down from 4.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.Declared Dividend • May 12Dividend of €0.091 announcedShareholders will receive a dividend of €0.091. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 03First quarter 2024 earnings released: EPS: €0.21 (vs €0.23 in 1Q 2023)First quarter 2024 results: EPS: €0.21 (down from €0.23 in 1Q 2023). Revenue: €993.0m (down 5.5% from 1Q 2023). Net income: €41.6m (down 10% from 1Q 2023). Profit margin: 4.2% (down from 4.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. 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 30% per year, which means it is significantly lagging earnings.New Risk • Mar 02New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.5% net profit margin).Reported Earnings • Mar 02Full year 2023 earnings released: EPS: €0.33 (vs €1.16 in FY 2022)Full year 2023 results: EPS: €0.33 (down from €1.16 in FY 2022). Revenue: €4.27b (down 2.3% from FY 2022). Net income: €65.7m (down 72% from FY 2022). Profit margin: 1.5% (down from 5.3% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.お知らせ • Feb 10+ 1 more updatebpost NV/SA to Report Q2, 2024 Results on Aug 01, 2024bpost NV/SA announced that they will report Q2, 2024 results at 5:45 PM, Central European Standard Time on Aug 01, 2024Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €3.93, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 52% over the past three years.New Risk • Nov 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Nov 10Third quarter 2023 earnings released: €0.28 loss per share (vs €0.12 profit in 3Q 2022)Third quarter 2023 results: €0.28 loss per share (down from €0.12 profit in 3Q 2022). Revenue: €978.5m (down 3.7% from 3Q 2022). Net loss: €56.6m (down 327% from profit in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Oct 27+ 3 more updatesbpost NV/SA to Report Fiscal Year 2023 Final Results on Mar 21, 2024bpost NV/SA announced that they will report fiscal year 2023 final results on Mar 21, 2024お知らせ • Aug 23bpost NV/SA (ENXTBR:BPOST) acquired remaining 25% stake in Active Ants B.V.bpost NV/SA (ENXTBR:BPOST) acquired remaining 25% stake in Active Ants B.V. on August 21, 2023. Post this transaction bpost NV/SA (ENXTBR:BPOST) holds 100% stake in Active Ants. Active Ants directors Jeroen Dekker and Jean Lahaye are leaving the company but will continue to work to ensure a smooth transition. Bram Blondé takes up his role as CEO of Active Ants on August 21, 2023.bpost NV/SA (ENXTBR:BPOST) completed the acquisition of remaining 25% stake in Active Ants B.V. on August 21, 2023.Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €0.22 (vs €0.34 in 2Q 2022)Second quarter 2023 results: EPS: €0.22 (down from €0.34 in 2Q 2022). Revenue: €1.02b (down 1.1% from 2Q 2022). Net income: €43.8m (down 36% from 2Q 2022). Profit margin: 4.3% (down from 6.6% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Aug 04bpost NV/SA to Report Q3, 2023 Results on Nov 09, 2023bpost NV/SA announced that they will report Q3, 2023 results on Nov 09, 2023Upcoming Dividend • May 11Upcoming dividend of €0.28 per share at 9.0% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).Reported Earnings • May 05First quarter 2023 earnings released: EPS: €0.23 (vs €0.31 in 1Q 2022)First quarter 2023 results: EPS: €0.23 (down from €0.31 in 1Q 2022). Revenue: €1.05b (up 1.4% from 1Q 2022). Net income: €46.3m (down 25% from 1Q 2022). Profit margin: 4.4% (down from 6.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • May 05bpost NV/SA to Report Q2, 2023 Results on Aug 03, 2023bpost NV/SA announced that they will report Q2, 2023 results at 5:45 PM, Central European Standard Time on Aug 03, 2023Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €4.46, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 25% over the past three years.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €1.16 (vs €1.26 in FY 2021)Full year 2022 results: EPS: €1.16 (down from €1.26 in FY 2021). Revenue: €4.40b (up 2.6% from FY 2021). Net income: €232.5m (down 7.3% from FY 2021). Profit margin: 5.3% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 2.1% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €4.82, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 51% over the past three years.Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Independent Director David Cunningham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: €0.12 (vs €0.08 in 3Q 2021)Third quarter 2022 results: EPS: €0.12 (up from €0.08 in 3Q 2021). Net income: €24.9m (up 51% from 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Nov 10+ 3 more updatesbpost NV/SA to Report Fiscal Year 2022 Final Results on Mar 16, 2023bpost NV/SA announced that they will report fiscal year 2022 final results on Mar 16, 2023Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.34 (vs €0.36 in 2Q 2021)Second quarter 2022 results: EPS: €0.34 (down from €0.36 in 2Q 2021). Revenue: €1.04b (flat on 2Q 2021). Net income: €68.2m (down 5.9% from 2Q 2021). Profit margin: 6.6% (down from 7.0% in 2Q 2021). Over the next year, revenue is forecast to grow 2.6%, compared to a 2.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.Upcoming Dividend • May 09Upcoming dividend of €0.34 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Trailing yield: 8.7%. Within top quartile of British dividend payers (4.8%). Higher than average of industry peers (3.2%).Reported Earnings • May 08First quarter 2022 earnings released: EPS: €0.31 (vs €0.40 in 1Q 2021)First quarter 2022 results: EPS: €0.31 (down from €0.40 in 1Q 2021). Revenue: €1.04b (up 3.1% from 1Q 2021). Net income: €61.7m (down 24% from 1Q 2021). Profit margin: 5.9% (down from 8.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.1% while the industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Buying Opportunity • Apr 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €7.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is forecast to decline by 9.2% per annum over the same time period.Buying Opportunity • Apr 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €7.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is forecast to decline by 6.5% per annum over the same time period.Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €1.25 (up from €0.097 loss in FY 2020). Revenue: €4.34b (up 5.2% from FY 2020). Net income: €250.9m (up €270.3m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to stay flat compared to a 6.2% growth forecast for the 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 only fallen by 9% per year, which means it has not declined as severely as earnings.Buying Opportunity • Feb 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €7.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% per annum over the last 3 years. Earnings per share has declined by 64% per annum over the last 3 years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS €0.08 (vs €0.22 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €977.6m (up 1.4% from 3Q 2020). Net income: €16.5m (down 63% from 3Q 2020). Profit margin: 1.7% (down from 4.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS €0.36 (vs €0.22 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €1.03b (down 1.4% from 2Q 2020). Net income: €72.5m (up 67% from 2Q 2020). Profit margin: 7.0% (up from 4.2% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Executive Departure • May 26Non-Executive Director has left the companyOn the 13th of May, Bernadette Lambrechts' tenure as Non-Executive Director ended after 7.1 years in the role. We don't have any record of a personal shareholding under Bernadette's name. A total of 3 executives have left over the last 12 months.Executive Departure • May 26Independent Director has left the companyOn the 13th of May, Saskia Van Uffelen's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Saskia's name. A total of 3 executives have left over the last 12 months.Executive Departure • May 26Independent Director has left the companyOn the 13th of May, Filomena Teixeira's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Filomena's name. A total of 3 executives have left over the last 12 months.Reported Earnings • May 09First quarter 2021 earnings released: EPS €0.40 (vs €0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.02b (up 11% from 1Q 2020). Net income: €80.7m (up 69% from 1Q 2020). Profit margin: 7.9% (up from 5.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 10Full year 2020 earnings released: €0.10 loss per share (vs €0.77 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €4.15b (up 9.8% from FY 2019). Net loss: €19.4m (down 113% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Mar 10Revenue misses expectationsRevenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 3.9%, compared to a 5.8% growth forecast for the Logistics industry in the United Kingdom.Is New 90 Day High Low • Mar 10New 90-day low: €8.34The company is down 5.0% from its price of €8.75 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.37 per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.4% growth forecast for the Logistics industry in the United Kingdom.Is New 90 Day High Low • Nov 05New 90-day high: €9.12The company is up 15% from its price of €7.91 on 07 August 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.87 per share.Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 20% share price gain to €9.12, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 17x in the Logistics industry in Europe. Total return to shareholders over the past three years is a loss of 54%.Is New 90 Day High Low • Sep 19New 90-day high: €8.97The company is up 49% from its price of €6.03 on 19 June 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.22 per share.業績と収益の成長予測LSE:0QF5 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20284,67790N/A581312/31/20274,58968N/A568412/31/20264,4384312944043/31/20264,412-35345487N/A12/31/20254,468-40282429N/A9/30/20254,561-292355503N/A6/30/20254,554-283332495N/A3/31/20254,452-253266423N/A12/31/20244,329-205389535N/A9/30/20244,21280281412N/A6/30/20244,16749232346N/A3/31/20244,19861270382N/A12/31/20234,25866222376N/A9/30/20234,336111392550N/A6/30/20234,378193374552N/A3/31/20234,389217286481N/A12/31/20224,373233258422N/A9/30/20224,36423634240N/A6/30/20224,312228157347N/A3/31/20224,312232234413N/A12/31/20214,286251226398N/A9/30/20214,19115307448N/A6/30/20214,19143204354N/A3/31/20214,20514378525N/A12/31/20204,119-19424571N/A9/30/20204,037163428588N/A6/30/20203,944132425591N/A3/31/20203,807152259426N/A12/31/20193,785154N/A424N/A9/30/20193,761231N/A431N/A6/30/20193,756245N/A369N/A3/31/20193,768251N/A334N/A12/31/20183,779265N/A362N/A9/30/20183,633229N/A185N/A6/30/20183,405262N/A176N/A3/31/20183,176293N/A240N/A12/31/20172,977325N/A266N/A9/30/20172,724357N/A343N/A6/30/20172,619357N/A318N/A3/31/20172,514344N/A327N/A12/31/20162,399344N/A353N/A9/30/20162,355339N/A293N/A6/30/20162,370303N/A351N/A3/31/20162,376307N/A336N/A12/31/20152,393307N/A361N/A9/30/20152,402263N/A369N/A6/30/20152,416290N/A358N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0QF5は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.4% ) よりも高い成長率であると考えられます。収益対市場: 0QF5今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 0QF5今後 3 年以内に収益を上げることが予想されます。収益対市場: 0QF5の収益 ( 2.3% ) UK市場 ( 4.5% ) よりも低い成長が予測されています。高い収益成長: 0QF5の収益 ( 2.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0QF5の 自己資本利益率 は、3年後には低くなると予測されています ( 11.8 %)。成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 11:55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bpost NV/SA 4 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。17 アナリスト機関Marco LimiteBarclaysWilliam Fitzalan HowardBerenbergJean-Christophe LiaubetBNP Paribas14 その他のアナリストを表示
Reported Earnings • May 11First quarter 2026 earnings released: EPS: €0 (vs €0.03 loss in 1Q 2025)First quarter 2026 results: EPS: €0 (improved from €0.03 loss in 1Q 2025). Revenue: €1.06b (down 4.6% from 1Q 2025). Net loss: €100.0k (loss narrowed 98% from 1Q 2025). Profit margin: 0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
New Risk • May 06New major risk - Revenue and earnings growthEarnings have declined by 44% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 44% per year over the past 5 years.
Reported Earnings • Apr 09Full year 2025 earnings released: €0.20 loss per share (vs €1.03 loss in FY 2024)Full year 2025 results: €0.20 loss per share (improved from €1.03 loss in FY 2024). Revenue: €4.47b (up 3.2% from FY 2024). Net loss: €40.3m (loss narrowed 80% from FY 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
New Risk • Mar 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 09Full year 2025 earnings releasedFull year 2025 results: Revenue: €4.48b (up 3.5% from FY 2024). Net income: €51.0m (up €256.1m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 22+ 1 more updatebpost NV/SA to Report Q3, 2026 Results on Nov 06, 2026bpost NV/SA announced that they will report Q3, 2026 results at 10:00 AM, Central European Standard Time on Nov 06, 2026
Buy Or Sell Opportunity • Dec 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €1.92. The fair value is estimated to be €2.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 09Third quarter 2025 earnings released: €0.17 loss per share (vs €0.11 loss in 3Q 2024)Third quarter 2025 results: €0.17 loss per share (further deteriorated from €0.11 loss in 3Q 2024). Revenue: €1.03b (flat on 3Q 2024). Net loss: €34.6m (loss widened 56% from 3Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 05+ 2 more updatesbpost NV/SA to Report Q4, 2025 Results on Mar 06, 2026bpost NV/SA announced that they will report Q4, 2025 results at 7:00 AM, Central European Standard Time on Mar 06, 2026
Buy Or Sell Opportunity • Oct 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.2% to €2.10. The fair value is estimated to be €2.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Sep 25bpostgroup Appoints Dieter Van Putte as Chief Technology Officer for Cross Border Divisionbpostgroup announced the appointment of Dieter Van Putte as the new Chief Technology Officer for its Cross Border division. Cross Border is the division of bpostgroup that focuses on international e-commerce and logistics solutions, overseeing operations at Landmark Global, the group’s international logistics subsidiary, and Apple Express, its specialized provider of last mile delivery in North America. In this newly created role, Van Putte will lead the division’s technology strategy and execution, reporting to Frank Croket, Chief Digital Officer of bpostgroup, and working closely with James Edge, Chief Executive Officer of the Cross Border division. Van Putte brings nearly two decades of experience in technology and digital transformation. He joins from Accenture, where he served as Associate Director, advising senior executives on IT transformation initiatives and leading projects in software engineering and logistics to deliver scalable, tech-enabled solutions. The appointment comes as the logistics and cross-border commerce sectors undergo rapid transformation driven by digitalization, automation, and rising customer expectations for speed and reliability. By investing in dedicated technology leadership, bpostgroup is reinforcing its position as a forward-looking logistics provider equipped to help clients navigate the growing complexity of global trade. In his role, Van Putte will enhance digital platforms, drive automation, and improve system integration with global partners. By unifying data architecture across regions, he will enable smarter decision-making, improved reliability, and streamlined cross border operations, giving clients faster, more predictable delivery performance. Van Putte holds a Master of Science in Computer Science Engineering from Ghent University.
Buy Or Sell Opportunity • Aug 13Now 21% undervaluedOver the last 90 days, the stock has risen 55% to €2.41. The fair value is estimated to be €3.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: €0.006 (vs €0.16 in 2Q 2024)Second quarter 2025 results: EPS: €0.006 (down from €0.16 in 2Q 2024). Revenue: €1.09b (up 11% from 2Q 2024). Net income: €1.30m (down 96% from 2Q 2024). Profit margin: 0.1% (down from 3.2% in 2Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 12First quarter 2025 earnings released: €0.029 loss per share (vs €0.21 profit in 1Q 2024)First quarter 2025 results: €0.029 loss per share (down from €0.21 profit in 1Q 2024). Revenue: €1.12b (up 13% from 1Q 2024). Net loss: €5.90m (down 114% from profit in 1Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 02Full year 2024 earnings releasedFull year 2024 results: Revenue: €4.34b (up 2.0% from FY 2023). Net loss: €209.2m (down 418% from profit in FY 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings.
New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 3.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (3.8% average weekly change).
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €1.56, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 13x in the Logistics industry in Europe. Total loss to shareholders of 70% over the past three years.
お知らせ • Feb 28bpost NV/SA to Report Fiscal Year 2024 Results on Mar 26, 2025bpost NV/SA announced that they will report fiscal year 2024 results on Mar 26, 2025
お知らせ • Jan 23+ 3 more updatesbpost NV/SA to Report Q4, 2024 Results on Feb 28, 2025bpost NV/SA announced that they will report Q4, 2024 results at 10:00 AM, Central European Standard Time on Feb 28, 2025
New Risk • Nov 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 10Third quarter 2024 earnings released: €0.11 loss per share (vs €0.28 loss in 3Q 2023)Third quarter 2024 results: €0.11 loss per share (improved from €0.28 loss in 3Q 2023). Revenue: €1.03b (up 5.1% from 3Q 2023). Net loss: €22.2m (loss narrowed 61% from 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 33% per year.
Reported Earnings • Aug 03Second quarter 2024 earnings released: EPS: €0.16 (vs €0.22 in 2Q 2023)Second quarter 2024 results: EPS: €0.16 (down from €0.22 in 2Q 2023). Revenue: €988.1m (down 2.9% from 2Q 2023). Net income: €31.5m (down 28% from 2Q 2023). Profit margin: 3.2% (down from 4.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
Declared Dividend • May 12Dividend of €0.091 announcedShareholders will receive a dividend of €0.091. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: €0.21 (vs €0.23 in 1Q 2023)First quarter 2024 results: EPS: €0.21 (down from €0.23 in 1Q 2023). Revenue: €993.0m (down 5.5% from 1Q 2023). Net income: €41.6m (down 10% from 1Q 2023). Profit margin: 4.2% (down from 4.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. 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 30% per year, which means it is significantly lagging earnings.
New Risk • Mar 02New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.1x 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.5% net profit margin).
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: €0.33 (vs €1.16 in FY 2022)Full year 2023 results: EPS: €0.33 (down from €1.16 in FY 2022). Revenue: €4.27b (down 2.3% from FY 2022). Net income: €65.7m (down 72% from FY 2022). Profit margin: 1.5% (down from 5.3% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
お知らせ • Feb 10+ 1 more updatebpost NV/SA to Report Q2, 2024 Results on Aug 01, 2024bpost NV/SA announced that they will report Q2, 2024 results at 5:45 PM, Central European Standard Time on Aug 01, 2024
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €3.93, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 52% over the past three years.
New Risk • Nov 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Nov 10Third quarter 2023 earnings released: €0.28 loss per share (vs €0.12 profit in 3Q 2022)Third quarter 2023 results: €0.28 loss per share (down from €0.12 profit in 3Q 2022). Revenue: €978.5m (down 3.7% from 3Q 2022). Net loss: €56.6m (down 327% from profit in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Oct 27+ 3 more updatesbpost NV/SA to Report Fiscal Year 2023 Final Results on Mar 21, 2024bpost NV/SA announced that they will report fiscal year 2023 final results on Mar 21, 2024
お知らせ • Aug 23bpost NV/SA (ENXTBR:BPOST) acquired remaining 25% stake in Active Ants B.V.bpost NV/SA (ENXTBR:BPOST) acquired remaining 25% stake in Active Ants B.V. on August 21, 2023. Post this transaction bpost NV/SA (ENXTBR:BPOST) holds 100% stake in Active Ants. Active Ants directors Jeroen Dekker and Jean Lahaye are leaving the company but will continue to work to ensure a smooth transition. Bram Blondé takes up his role as CEO of Active Ants on August 21, 2023.bpost NV/SA (ENXTBR:BPOST) completed the acquisition of remaining 25% stake in Active Ants B.V. on August 21, 2023.
Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €0.22 (vs €0.34 in 2Q 2022)Second quarter 2023 results: EPS: €0.22 (down from €0.34 in 2Q 2022). Revenue: €1.02b (down 1.1% from 2Q 2022). Net income: €43.8m (down 36% from 2Q 2022). Profit margin: 4.3% (down from 6.6% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Aug 04bpost NV/SA to Report Q3, 2023 Results on Nov 09, 2023bpost NV/SA announced that they will report Q3, 2023 results on Nov 09, 2023
Upcoming Dividend • May 11Upcoming dividend of €0.28 per share at 9.0% yieldEligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).
Reported Earnings • May 05First quarter 2023 earnings released: EPS: €0.23 (vs €0.31 in 1Q 2022)First quarter 2023 results: EPS: €0.23 (down from €0.31 in 1Q 2022). Revenue: €1.05b (up 1.4% from 1Q 2022). Net income: €46.3m (down 25% from 1Q 2022). Profit margin: 4.4% (down from 6.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • May 05bpost NV/SA to Report Q2, 2023 Results on Aug 03, 2023bpost NV/SA announced that they will report Q2, 2023 results at 5:45 PM, Central European Standard Time on Aug 03, 2023
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €4.46, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €1.16 (vs €1.26 in FY 2021)Full year 2022 results: EPS: €1.16 (down from €1.26 in FY 2021). Revenue: €4.40b (up 2.6% from FY 2021). Net income: €232.5m (down 7.3% from FY 2021). Profit margin: 5.3% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 2.1% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €4.82, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 51% over the past three years.
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Independent Director David Cunningham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: €0.12 (vs €0.08 in 3Q 2021)Third quarter 2022 results: EPS: €0.12 (up from €0.08 in 3Q 2021). Net income: €24.9m (up 51% from 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Nov 10+ 3 more updatesbpost NV/SA to Report Fiscal Year 2022 Final Results on Mar 16, 2023bpost NV/SA announced that they will report fiscal year 2022 final results on Mar 16, 2023
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.34 (vs €0.36 in 2Q 2021)Second quarter 2022 results: EPS: €0.34 (down from €0.36 in 2Q 2021). Revenue: €1.04b (flat on 2Q 2021). Net income: €68.2m (down 5.9% from 2Q 2021). Profit margin: 6.6% (down from 7.0% in 2Q 2021). Over the next year, revenue is forecast to grow 2.6%, compared to a 2.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
Upcoming Dividend • May 09Upcoming dividend of €0.34 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Trailing yield: 8.7%. Within top quartile of British dividend payers (4.8%). Higher than average of industry peers (3.2%).
Reported Earnings • May 08First quarter 2022 earnings released: EPS: €0.31 (vs €0.40 in 1Q 2021)First quarter 2022 results: EPS: €0.31 (down from €0.40 in 1Q 2021). Revenue: €1.04b (up 3.1% from 1Q 2021). Net income: €61.7m (down 24% from 1Q 2021). Profit margin: 5.9% (down from 8.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.1% while the industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Apr 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €7.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is forecast to decline by 9.2% per annum over the same time period.
Buying Opportunity • Apr 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €7.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is forecast to decline by 6.5% per annum over the same time period.
Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €1.25 (up from €0.097 loss in FY 2020). Revenue: €4.34b (up 5.2% from FY 2020). Net income: €250.9m (up €270.3m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to stay flat compared to a 6.2% growth forecast for the 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 only fallen by 9% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Feb 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €7.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% per annum over the last 3 years. Earnings per share has declined by 64% per annum over the last 3 years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS €0.08 (vs €0.22 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €977.6m (up 1.4% from 3Q 2020). Net income: €16.5m (down 63% from 3Q 2020). Profit margin: 1.7% (down from 4.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 08Second quarter 2021 earnings released: EPS €0.36 (vs €0.22 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €1.03b (down 1.4% from 2Q 2020). Net income: €72.5m (up 67% from 2Q 2020). Profit margin: 7.0% (up from 4.2% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Executive Departure • May 26Non-Executive Director has left the companyOn the 13th of May, Bernadette Lambrechts' tenure as Non-Executive Director ended after 7.1 years in the role. We don't have any record of a personal shareholding under Bernadette's name. A total of 3 executives have left over the last 12 months.
Executive Departure • May 26Independent Director has left the companyOn the 13th of May, Saskia Van Uffelen's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Saskia's name. A total of 3 executives have left over the last 12 months.
Executive Departure • May 26Independent Director has left the companyOn the 13th of May, Filomena Teixeira's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Filomena's name. A total of 3 executives have left over the last 12 months.
Reported Earnings • May 09First quarter 2021 earnings released: EPS €0.40 (vs €0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.02b (up 11% from 1Q 2020). Net income: €80.7m (up 69% from 1Q 2020). Profit margin: 7.9% (up from 5.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 10Full year 2020 earnings released: €0.10 loss per share (vs €0.77 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €4.15b (up 9.8% from FY 2019). Net loss: €19.4m (down 113% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Mar 10Revenue misses expectationsRevenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 3.9%, compared to a 5.8% growth forecast for the Logistics industry in the United Kingdom.
Is New 90 Day High Low • Mar 10New 90-day low: €8.34The company is down 5.0% from its price of €8.75 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.37 per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.4% growth forecast for the Logistics industry in the United Kingdom.
Is New 90 Day High Low • Nov 05New 90-day high: €9.12The company is up 15% from its price of €7.91 on 07 August 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.87 per share.
Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 20% share price gain to €9.12, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 17x in the Logistics industry in Europe. Total return to shareholders over the past three years is a loss of 54%.
Is New 90 Day High Low • Sep 19New 90-day high: €8.97The company is up 49% from its price of €6.03 on 19 June 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.22 per share.