ENAV（0RIE）株式概要ENAV S.p.A.は、イタリア、その他のヨーロッパ諸国、および国際的な航空交通管制と管理、およびその他の航空ナビゲーションサービスを提供している。 詳細0RIE ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長3/6過去の実績2/6財務の健全性6/6配当金3/6報酬収益は年間13.9%増加すると予測されています リスク分析5.75%の配当は利益で十分にカバーされていない すべてのリスクチェックを見る0RIE Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW484,853 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG484,853 investors already sharing narrativesYour Fair Value€Current Price€5.0418.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture01b2016201920222025202620282031Revenue €1.3bEarnings €126.3mAdvancedSet Fair ValueView all narrativesENAV S.p.A. 競合他社Jet2Symbol: AIM:JET2Market cap: UK£2.8bClarksonSymbol: LSE:CKNMarket cap: UK£1.4beasyJetSymbol: LSE:EZJMarket cap: UK£4.4bFirstGroupSymbol: LSE:FGPMarket cap: UK£968.5m価格と性能株価の高値、安値、推移の概要ENAV過去の株価現在の株価€5.0452週高値€5.6352週安値€3.75ベータ0.601ヶ月の変化-3.82%3ヶ月変化-7.35%1年変化31.25%3年間の変化29.03%5年間の変化34.47%IPOからの変化37.86%最新ニュースお知らせ • Jul 07Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA. Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited on July 6, 2026. Don Thoma will continue to serve as Aireon's Chief Executive Officer and will report to Iridium's Chief Executive Officer Matt Desch, ensuring both leadership continuity and close alignment with Iridium's broader strategy. The completion of the acquisition expands Iridium's role in the aviation ecosystem by combining Aireon's space-based air traffic surveillance and aviation intelligence services with Iridium's global satellite communications network and resilient PNT capabilities.Upcoming Dividend • Jun 15Upcoming dividend of €0.29 per shareEligible shareholders must have bought the stock before 22 June 2026. Payment date: 24 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.9%).Reported Earnings • May 17First quarter 2026 earnings releasedFirst quarter 2026 results: €0.042 loss per share. Revenue: €196.0m (up 13% from 1Q 2025). Net loss: €22.7m (loss narrowed 23% from 1Q 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe.お知らせ • May 16Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreementto acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA.お知らせ • Apr 07ENAV S.p.A., Annual General Meeting, May 14, 2026ENAV S.p.A., Annual General Meeting, May 14, 2026, at 11:00 W. Europe Standard Time. Location: via salaria 716 00138, roma ItalyDeclared Dividend • Mar 30Dividend increased to €0.29Dividend of €0.29 is 7.4% higher than last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (151% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 68% to bring the payout ratio under control. EPS is expected to grow by 67% over the next 3 years, which should be enough to bring the dividend into a sustainable range.最新情報をもっと見るRecent updatesお知らせ • Jul 07Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA. Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited on July 6, 2026. Don Thoma will continue to serve as Aireon's Chief Executive Officer and will report to Iridium's Chief Executive Officer Matt Desch, ensuring both leadership continuity and close alignment with Iridium's broader strategy. The completion of the acquisition expands Iridium's role in the aviation ecosystem by combining Aireon's space-based air traffic surveillance and aviation intelligence services with Iridium's global satellite communications network and resilient PNT capabilities.Upcoming Dividend • Jun 15Upcoming dividend of €0.29 per shareEligible shareholders must have bought the stock before 22 June 2026. Payment date: 24 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.9%).Reported Earnings • May 17First quarter 2026 earnings releasedFirst quarter 2026 results: €0.042 loss per share. Revenue: €196.0m (up 13% from 1Q 2025). Net loss: €22.7m (loss narrowed 23% from 1Q 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe.お知らせ • May 16Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreementto acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA.お知らせ • Apr 07ENAV S.p.A., Annual General Meeting, May 14, 2026ENAV S.p.A., Annual General Meeting, May 14, 2026, at 11:00 W. Europe Standard Time. Location: via salaria 716 00138, roma ItalyDeclared Dividend • Mar 30Dividend increased to €0.29Dividend of €0.29 is 7.4% higher than last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (151% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 68% to bring the payout ratio under control. EPS is expected to grow by 67% over the next 3 years, which should be enough to bring the dividend into a sustainable range.Reported Earnings • Mar 27Full year 2025 earnings releasedFull year 2025 results: Revenue: €1.02b (up 1.3% from FY 2024). Net income: €93.1m (down 26% from FY 2024). Profit margin: 9.1% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe.お知らせ • Mar 25ENAV S.p.A. announces Annual dividend, payable on June 24, 2026ENAV S.p.A. announced Annual dividend of EUR 0.2900 per share payable on June 24, 2026, ex-date on June 22, 2026 and record date on June 23, 2026.お知らせ • Jan 22+ 3 more updatesENAV S.p.A. to Report Fiscal Year 2025 Results on Mar 23, 2026ENAV S.p.A. announced that they will report fiscal year 2025 results on Mar 23, 2026Reported Earnings • Nov 14Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €319.3m (up 6.3% from 3Q 2024). Net income: €59.4m (down 11% from 3Q 2024). Profit margin: 19% (down from 22% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Infrastructure industry in Europe.Reported Earnings • Aug 01Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €281.9m (up 9.1% from 2Q 2024). Net income: €36.5m (down 1.0% from 2Q 2024). Profit margin: 13% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Jun 16Upcoming dividend of €0.27 per shareEligible shareholders must have bought the stock before 23 June 2025. Payment date: 25 June 2025. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 6.6%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.7%).Reported Earnings • May 15First quarter 2025 earnings releasedFirst quarter 2025 results: €0.054 loss per share. Revenue: €181.2m (down 2.3% from 1Q 2024). Net loss: €29.2m (loss widened 113% from 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Apr 03ENAV S.p.A. announces Annual dividend, payable on June 25, 2025ENAV S.p.A. announced Annual dividend of EUR 0.2700 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025.New Risk • Apr 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.4% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Cash payout ratio: 118% Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future.Reported Earnings • Apr 01Full year 2024 earnings releasedFull year 2024 results: Revenue: €1.04b (up 7.5% from FY 2023). Net income: €125.8m (up 11% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe.お知らせ • Jan 15+ 3 more updatesENAV S.p.A. to Report Fiscal Year 2024 Results on Mar 31, 2025ENAV S.p.A. announced that they will report fiscal year 2024 results on Mar 31, 2025Reported Earnings • Nov 17Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €326.6m (up 11% from 3Q 2023). Net income: €66.5m (down 2.3% from 3Q 2023). Profit margin: 20% (down from 23% in 3Q 2023). 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, compared to a 3.8% growth forecast for the Infrastructure industry in Europe.Reported Earnings • Aug 06Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €281.5m (up 13% from 2Q 2023). Net income: €36.9m (down 8.5% from 2Q 2023). Profit margin: 13% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 20Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its profits and is paying out 95% of its cash flow. Trailing yield: 5.8%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.8%).Reported Earnings • May 16First quarter 2024 earnings releasedFirst quarter 2024 results: €0.025 loss per share. Revenue: €193.6m (up 15% from 1Q 2023). Net loss: €13.7m (loss narrowed 37% from 1Q 2023). Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 3.5%.New Risk • Apr 12New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 110% Cash payout ratio: 124% Dividend yield: 6.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 24Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.00b (up 10% from FY 2022). Net income: €112.9m (up 7.5% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is expected to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 3.4%.Buy Or Sell Opportunity • Feb 09Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €3.29. The fair value is estimated to be €4.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.お知らせ • Jan 17+ 4 more updatesENAV S.p.A. to Report Q1, 2024 Results on May 14, 2024ENAV S.p.A. announced that they will report Q1, 2024 results on May 14, 2024Buying Opportunity • Jan 05Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be €4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 30% in the next 2 years.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €321.6m (up 9.4% from 3Q 2022). Net income: €68.1m (up 6.7% from 3Q 2022). Profit margin: 21% (in line with 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Infrastructure industry in Europe.Upcoming Dividend • Oct 16Upcoming dividend of €0.20 per share at 6.1% yieldEligible shareholders must have bought the stock before 23 October 2023. Payment date: 25 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Lower than top quartile of British dividend payers (6.5%). Higher than average of industry peers (3.3%).Reported Earnings • Aug 05Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €268.3m (up 14% from 2Q 2022). Net income: €40.3m (down 6.7% from 2Q 2022). Profit margin: 15% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 12First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €176.8m (up 11% from 1Q 2022). Net loss: €21.6m (loss widened 42% from 1Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Infrastructure industry in Europe.Reported Earnings • Mar 16Full year 2022 earnings releasedFull year 2022 results: Revenue: €944.3m (up 18% from FY 2021). Net income: €105.0m (up 34% from FY 2021). Profit margin: 11% (up from 9.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Infrastructure industry in Europe.お知らせ • Jan 29ENAV S.p.A. to Report Fiscal Year 2022 Results on Mar 15, 2023ENAV S.p.A. announced that they will report fiscal year 2022 results on Mar 15, 2023お知らせ • Jan 28+ 2 more updatesENAV S.p.A. to Report Q1, 2023 Results on May 11, 2023ENAV S.p.A. announced that they will report Q1, 2023 results on May 11, 2023Reported Earnings • Nov 16Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €0.12. Revenue: €318.8m (up 56% from 3Q 2021). Net income: €64.2m (up 126% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. CEO, Strategic Management Officer & Director Paolo Simioni was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Oct 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €4.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.Upcoming Dividend • Oct 17Upcoming dividend of €0.11 per shareEligible shareholders must have bought the stock before 24 October 2022. Payment date: 26 October 2022. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (3.2%).Buying Opportunity • Sep 23Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.1%. The fair value is estimated to be €4.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 9.3% per annum over the same time period.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.07 (vs €0.003 in 2Q 2021)Second quarter 2022 results: EPS: €0.07 (up from €0.003 in 2Q 2021). Revenue: €256.6m (up 46% from 2Q 2021). Net income: €43.2m (up €41.4m from 2Q 2021). Profit margin: 17% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 19% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 27Full year 2021 earnings releasedFull year 2021 results: Revenue: €798.7m (up 8.4% from FY 2020). Net income: €78.4m (up 44% from FY 2020). Profit margin: 9.8% (up from 7.4% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.9%, compared to a 12% growth forecast for the industry in the United Kingdom.Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. CEO, Strategic Management Officer & Director Paolo Simioni was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 23Full year 2021 earnings releasedFull year 2021 results: Revenue: €836.6m (up 14% from FY 2020). Net income: €78.4m (up 44% from FY 2020). Profit margin: 9.4% (up from 7.4% in FY 2020). Over the next year, revenue is forecast to grow 3.9%, compared to a 13% growth forecast for the industry in the United Kingdom.Reported Earnings • Aug 04Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €194.5m (up 1.0% from 2Q 2020). Net income: €1.76m (down 92% from 2Q 2020). Profit margin: 0.9% (down from 11% in 2Q 2020).Reported Earnings • May 15First quarter 2021 earnings released: EPS €0.022The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €189.0m (up 16% from 1Q 2020). Net income: €11.9m (up €18.1m from 1Q 2020). Profit margin: 6.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 24Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €771.3m (down 11% from FY 2019). Net income: €54.3m (down 54% from FY 2019). Profit margin: 7.0% (down from 14% in FY 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Feb 23New 90-day high: €4.12The company is up 6.0% from its price of €3.89 on 25 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.55 per share.Is New 90 Day High Low • Nov 17New 90-day high: €3.79The company is up 5.0% from its price of €3.60 on 19 August 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.19 per share.Analyst Estimate Surprise Post Earnings • Nov 15Revenue misses expectationsRevenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.5% compared to a 4.4% decline forecast for the Infrastructure industry in the United Kingdom.Is New 90 Day High Low • Oct 27New 90-day low: €2.97The company is down 14% from its price of €3.45 on 29 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.26 per share.Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total profits of €100.0m, down 14% from the prior year. Total revenue was €823.3m over the last 12 months, down 3.8% from the prior year.Is New 90 Day High Low • Sep 22New 90-day low: €3.42The company is down 14% from its price of €3.97 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.75 per share.株主還元0RIEGB InfrastructureGB 市場7D-2.6%1.6%1.6%1Y31.3%13.3%19.0%株主還元を見る業界別リターン: 0RIE過去 1 年間で13.3 % の収益を上げたUK Infrastructure業界を上回りました。リターン対市場: 0RIE過去 1 年間で19 % の収益を上げたUK市場を上回りました。価格変動Is 0RIE's price volatile compared to industry and market?0RIE volatility0RIE Average Weekly Movement4.0%Infrastructure Industry Average Movement4.1%Market Average Movement5.4%10% most volatile stocks in GB Market10.7%10% least volatile stocks in GB Market2.9%安定した株価: 0RIE 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0RIEの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20014,589Igor Biasiowww.enav.itENAV S.p.A.は、イタリア、その他のヨーロッパ諸国、および国際的な航空交通管制と管理、およびその他の航空ナビゲーションサービスを提供している。3つのセグメントを通じて事業を展開している：航空ナビゲーション・サービス、メンテナンス・サービス、航空情報管理（AIM）ソフトウェア・ソリューション。同社は航空管制機器やシステム、航空インフラの技術管理やメンテナンスサービスを提供している。また、航空情報や航空交通を管理するためのソフトウェアソリューションの開発、関連する商業サービスやメンテナンスサービスも提供している。さらに、航空交通流管理、航空交通管理と気象、通信航法と監視、デジタル航空情報管理、飛行手順の設計と検証、無人航空機システムの交通管理も提供している。さらに、変更管理、航空情報、エンジニアリングとメンテナンス、教育と訓練、気象学、飛行中の制御と検証、安全評価とリスク管理、障害物と電磁干渉サービスの評価に関するコンサルティングも提供している。同社は、空港管理、航空会社、航空ナビゲーション・サービス・プロバイダー、産業、民間航空、研究開発業界にサービスを提供している。同社は2001年に設立され、イタリアのローマを拠点としている。もっと見るENAV S.p.A. 基礎のまとめENAV の収益と売上を時価総額と比較するとどうか。0RIE 基礎統計学時価総額€2.73b収益（TTM）€99.63m売上高(TTM)€997.53m27.4xPER（株価収益率2.7xP/Sレシオ0RIE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0RIE 損益計算書（TTM）収益€997.53m売上原価€4.96m売上総利益€992.57mその他の費用€892.94m収益€99.63m直近の収益報告Mar 31, 2026次回決算日Aug 03, 2026一株当たり利益（EPS）0.18グロス・マージン99.50%純利益率9.99%有利子負債／自己資本比率41.0%0RIE の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.7%現在の配当利回り169%配当性向View Valuation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2026/07/08 02:08終値2026/07/08 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このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ENAV S.p.A. 5 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。13 アナリスト機関Tommaso MarabiniBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)Marco LimiteBarclays10 その他のアナリストを表示
お知らせ • Jul 07Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA. Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited on July 6, 2026. Don Thoma will continue to serve as Aireon's Chief Executive Officer and will report to Iridium's Chief Executive Officer Matt Desch, ensuring both leadership continuity and close alignment with Iridium's broader strategy. The completion of the acquisition expands Iridium's role in the aviation ecosystem by combining Aireon's space-based air traffic surveillance and aviation intelligence services with Iridium's global satellite communications network and resilient PNT capabilities.
Upcoming Dividend • Jun 15Upcoming dividend of €0.29 per shareEligible shareholders must have bought the stock before 22 June 2026. Payment date: 24 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.9%).
Reported Earnings • May 17First quarter 2026 earnings releasedFirst quarter 2026 results: €0.042 loss per share. Revenue: €196.0m (up 13% from 1Q 2025). Net loss: €22.7m (loss narrowed 23% from 1Q 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe.
お知らせ • May 16Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreementto acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA.
お知らせ • Apr 07ENAV S.p.A., Annual General Meeting, May 14, 2026ENAV S.p.A., Annual General Meeting, May 14, 2026, at 11:00 W. Europe Standard Time. Location: via salaria 716 00138, roma Italy
Declared Dividend • Mar 30Dividend increased to €0.29Dividend of €0.29 is 7.4% higher than last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (151% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 68% to bring the payout ratio under control. EPS is expected to grow by 67% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
お知らせ • Jul 07Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA. Iridium Communications Inc. (NasdaqGS:IRDM) completed the acquisition of the remaining 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited on July 6, 2026. Don Thoma will continue to serve as Aireon's Chief Executive Officer and will report to Iridium's Chief Executive Officer Matt Desch, ensuring both leadership continuity and close alignment with Iridium's broader strategy. The completion of the acquisition expands Iridium's role in the aviation ecosystem by combining Aireon's space-based air traffic surveillance and aviation intelligence services with Iridium's global satellite communications network and resilient PNT capabilities.
Upcoming Dividend • Jun 15Upcoming dividend of €0.29 per shareEligible shareholders must have bought the stock before 22 June 2026. Payment date: 24 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.9%).
Reported Earnings • May 17First quarter 2026 earnings releasedFirst quarter 2026 results: €0.042 loss per share. Revenue: €196.0m (up 13% from 1Q 2025). Net loss: €22.7m (loss narrowed 23% from 1Q 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe.
お知らせ • May 16Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreementto acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million.Iridium Communications Inc. (NasdaqGS:IRDM) entered into a definitive agreement to acquire 61% stake in Aireon LLC from NAV CANADA, ENAV S.p.A. (BIT:ENAV), Irish Aviation Authority, Naviair Satellite A/S and NATS Limited for approximately $520 million on May 13, 2026. The total purchase price of approximately $366.7 million will be paid 50% at closing and 50% on the one-year anniversary. Iridium will also assume Aireon's outstanding debt, expected to be approximately $155 million at closing. At Closing, Iridium will enter into the Credit and Guaranty Agreement pursuant to which the Sellers will provide IIridium with a $183.36 million term loan, bearing no interest, and maturing one year following the Closing, to fund the deferred portion of the purchase price. The loan will be secured by a first-priority lien on the equity interests of Aireon and other intermediate holding company entities. The Closing is subject to customary conditions, including the accuracy of representations and warranties, performance of covenants, and receipt of required regulatory approvals including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction is targeted to close in early July. The acquisition of Aireon is accretive to Iridium's growth outlook; over the past three years, Aireon's total revenue has grown at a compound annual growth rate (CAGR) of 10%. Iridium expects the acquisition will result in at least an additional consolidated $100 million of service revenue and $30 million of OEBITDA on an annualized basis. Evercore Inc. acted as financial advisor for Iridium Communications Inc. Josh Holleman of Cooley LLP acted as legal advisor for Iridium Communications Inc. Milbank LLP acted as legal advisor for Iridium Communications Inc. PJT Partners LP acted as financial advisor for Aireon LLC. Steven Kaufman, Joseph Gilligan and Gabrielle Witt of Hogan Lovells US LLP acted as legal advisor for Aireon LLC. RBC Capital Markets, LLC acted as financial advisor for NAV CANADA. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for NAV CANADA.
お知らせ • Apr 07ENAV S.p.A., Annual General Meeting, May 14, 2026ENAV S.p.A., Annual General Meeting, May 14, 2026, at 11:00 W. Europe Standard Time. Location: via salaria 716 00138, roma Italy
Declared Dividend • Mar 30Dividend increased to €0.29Dividend of €0.29 is 7.4% higher than last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 5.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (151% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 68% to bring the payout ratio under control. EPS is expected to grow by 67% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
Reported Earnings • Mar 27Full year 2025 earnings releasedFull year 2025 results: Revenue: €1.02b (up 1.3% from FY 2024). Net income: €93.1m (down 26% from FY 2024). Profit margin: 9.1% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe.
お知らせ • Mar 25ENAV S.p.A. announces Annual dividend, payable on June 24, 2026ENAV S.p.A. announced Annual dividend of EUR 0.2900 per share payable on June 24, 2026, ex-date on June 22, 2026 and record date on June 23, 2026.
お知らせ • Jan 22+ 3 more updatesENAV S.p.A. to Report Fiscal Year 2025 Results on Mar 23, 2026ENAV S.p.A. announced that they will report fiscal year 2025 results on Mar 23, 2026
Reported Earnings • Nov 14Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €319.3m (up 6.3% from 3Q 2024). Net income: €59.4m (down 11% from 3Q 2024). Profit margin: 19% (down from 22% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Infrastructure industry in Europe.
Reported Earnings • Aug 01Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €281.9m (up 9.1% from 2Q 2024). Net income: €36.5m (down 1.0% from 2Q 2024). Profit margin: 13% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Jun 16Upcoming dividend of €0.27 per shareEligible shareholders must have bought the stock before 23 June 2025. Payment date: 25 June 2025. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 6.6%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.7%).
Reported Earnings • May 15First quarter 2025 earnings releasedFirst quarter 2025 results: €0.054 loss per share. Revenue: €181.2m (down 2.3% from 1Q 2024). Net loss: €29.2m (loss widened 113% from 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Apr 03ENAV S.p.A. announces Annual dividend, payable on June 25, 2025ENAV S.p.A. announced Annual dividend of EUR 0.2700 per share payable on June 25, 2025, ex-date on June 23, 2025 and record date on June 24, 2025.
New Risk • Apr 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.4% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Cash payout ratio: 118% Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future.
Reported Earnings • Apr 01Full year 2024 earnings releasedFull year 2024 results: Revenue: €1.04b (up 7.5% from FY 2023). Net income: €125.8m (up 11% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe.
お知らせ • Jan 15+ 3 more updatesENAV S.p.A. to Report Fiscal Year 2024 Results on Mar 31, 2025ENAV S.p.A. announced that they will report fiscal year 2024 results on Mar 31, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €326.6m (up 11% from 3Q 2023). Net income: €66.5m (down 2.3% from 3Q 2023). Profit margin: 20% (down from 23% in 3Q 2023). 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, compared to a 3.8% growth forecast for the Infrastructure industry in Europe.
Reported Earnings • Aug 06Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €281.5m (up 13% from 2Q 2023). Net income: €36.9m (down 8.5% from 2Q 2023). Profit margin: 13% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 20Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its profits and is paying out 95% of its cash flow. Trailing yield: 5.8%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.8%).
Reported Earnings • May 16First quarter 2024 earnings releasedFirst quarter 2024 results: €0.025 loss per share. Revenue: €193.6m (up 15% from 1Q 2023). Net loss: €13.7m (loss narrowed 37% from 1Q 2023). Revenue is expected to decline by 4.5% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 3.5%.
New Risk • Apr 12New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 110% Cash payout ratio: 124% Dividend yield: 6.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 24Full year 2023 earnings releasedFull year 2023 results: Revenue: €1.00b (up 10% from FY 2022). Net income: €112.9m (up 7.5% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is expected to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 3.4%.
Buy Or Sell Opportunity • Feb 09Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €3.29. The fair value is estimated to be €4.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
お知らせ • Jan 17+ 4 more updatesENAV S.p.A. to Report Q1, 2024 Results on May 14, 2024ENAV S.p.A. announced that they will report Q1, 2024 results on May 14, 2024
Buying Opportunity • Jan 05Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be €4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 30% in the next 2 years.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €321.6m (up 9.4% from 3Q 2022). Net income: €68.1m (up 6.7% from 3Q 2022). Profit margin: 21% (in line with 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Infrastructure industry in Europe.
Upcoming Dividend • Oct 16Upcoming dividend of €0.20 per share at 6.1% yieldEligible shareholders must have bought the stock before 23 October 2023. Payment date: 25 October 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Lower than top quartile of British dividend payers (6.5%). Higher than average of industry peers (3.3%).
Reported Earnings • Aug 05Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €268.3m (up 14% from 2Q 2022). Net income: €40.3m (down 6.7% from 2Q 2022). Profit margin: 15% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 12First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €176.8m (up 11% from 1Q 2022). Net loss: €21.6m (loss widened 42% from 1Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Infrastructure industry in Europe.
Reported Earnings • Mar 16Full year 2022 earnings releasedFull year 2022 results: Revenue: €944.3m (up 18% from FY 2021). Net income: €105.0m (up 34% from FY 2021). Profit margin: 11% (up from 9.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Infrastructure industry in Europe.
お知らせ • Jan 29ENAV S.p.A. to Report Fiscal Year 2022 Results on Mar 15, 2023ENAV S.p.A. announced that they will report fiscal year 2022 results on Mar 15, 2023
お知らせ • Jan 28+ 2 more updatesENAV S.p.A. to Report Q1, 2023 Results on May 11, 2023ENAV S.p.A. announced that they will report Q1, 2023 results on May 11, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €0.12. Revenue: €318.8m (up 56% from 3Q 2021). Net income: €64.2m (up 126% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. CEO, Strategic Management Officer & Director Paolo Simioni was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Oct 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €4.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.
Upcoming Dividend • Oct 17Upcoming dividend of €0.11 per shareEligible shareholders must have bought the stock before 24 October 2022. Payment date: 26 October 2022. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (3.2%).
Buying Opportunity • Sep 23Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.1%. The fair value is estimated to be €4.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 9.3% per annum over the same time period.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: €0.07 (vs €0.003 in 2Q 2021)Second quarter 2022 results: EPS: €0.07 (up from €0.003 in 2Q 2021). Revenue: €256.6m (up 46% from 2Q 2021). Net income: €43.2m (up €41.4m from 2Q 2021). Profit margin: 17% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.7%, compared to a 19% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 27Full year 2021 earnings releasedFull year 2021 results: Revenue: €798.7m (up 8.4% from FY 2020). Net income: €78.4m (up 44% from FY 2020). Profit margin: 9.8% (up from 7.4% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.9%, compared to a 12% growth forecast for the industry in the United Kingdom.
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. CEO, Strategic Management Officer & Director Paolo Simioni was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 23Full year 2021 earnings releasedFull year 2021 results: Revenue: €836.6m (up 14% from FY 2020). Net income: €78.4m (up 44% from FY 2020). Profit margin: 9.4% (up from 7.4% in FY 2020). Over the next year, revenue is forecast to grow 3.9%, compared to a 13% growth forecast for the industry in the United Kingdom.
Reported Earnings • Aug 04Second quarter 2021 earnings releasedThe company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €194.5m (up 1.0% from 2Q 2020). Net income: €1.76m (down 92% from 2Q 2020). Profit margin: 0.9% (down from 11% in 2Q 2020).
Reported Earnings • May 15First quarter 2021 earnings released: EPS €0.022The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €189.0m (up 16% from 1Q 2020). Net income: €11.9m (up €18.1m from 1Q 2020). Profit margin: 6.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 24Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €771.3m (down 11% from FY 2019). Net income: €54.3m (down 54% from FY 2019). Profit margin: 7.0% (down from 14% in FY 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Feb 23New 90-day high: €4.12The company is up 6.0% from its price of €3.89 on 25 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.55 per share.
Is New 90 Day High Low • Nov 17New 90-day high: €3.79The company is up 5.0% from its price of €3.60 on 19 August 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.19 per share.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue misses expectationsRevenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.5% compared to a 4.4% decline forecast for the Infrastructure industry in the United Kingdom.
Is New 90 Day High Low • Oct 27New 90-day low: €2.97The company is down 14% from its price of €3.45 on 29 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.26 per share.
Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total profits of €100.0m, down 14% from the prior year. Total revenue was €823.3m over the last 12 months, down 3.8% from the prior year.
Is New 90 Day High Low • Sep 22New 90-day low: €3.42The company is down 14% from its price of €3.97 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.75 per share.
