VERBUND（0NR1）株式概要ヴェルブンドAGはその子会社とともに、オーストリア、ドイツ、フランス、ルーマニア、スペイン、ルクセンブルグで発電、売買、電力販売を行っている。 詳細0NR1 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績2/6財務の健全性4/6配当金3/6報酬株価収益率（ 15.3 x） UK市場（ 15.9 x）を下回っています。同業他社や業界と比較して、良好な取引価格 リスク分析今後3年間の収益は年平均3.5%減少すると予測されている。 3.33%の配当はフリーキャッシュフロー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0NR1 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€59.6885.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture011b2016201920222025202620282031Revenue €5.8bEarnings €1.0bAdvancedSet Fair ValueView all narrativesVERBUND AG 競合他社SSESymbol: LSE:SSEMarket cap: UK£29.3bJersey ElectricitySymbol: LSE:JELMarket cap: UK£139.4mSevern TrentSymbol: LSE:SVTMarket cap: UK£9.3bUnited Utilities GroupSymbol: LSE:UU.Market cap: UK£10.1b価格と性能株価の高値、安値、推移の概要VERBUND過去の株価現在の株価€60.1552週高値€70.2052週安値€57.00ベータ0.221ヶ月の変化-6.37%3ヶ月変化0.86%1年変化-8.34%3年間の変化-13.17%5年間の変化-21.22%IPOからの変化31.85%最新ニュースReported Earnings • May 14First quarter 2026 earnings released: EPS: €0.78 (vs €1.14 in 1Q 2025)First quarter 2026 results: EPS: €0.78 (down from €1.14 in 1Q 2025). Revenue: €1.94b (down 16% from 1Q 2025). Net income: €269.8m (down 32% from 1Q 2025). Profit margin: 14% (down from 17% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 7.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 21Upcoming dividend of €3.15 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.7%).お知らせ • Mar 19VERBUND AG announces Annual dividend, payable on May 11, 2026VERBUND AG announced Annual dividend of EUR 2.0000 per share payable on May 11, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: €4.29 (vs €5.40 in FY 2024)Full year 2025 results: EPS: €4.29 (down from €5.40 in FY 2024). Revenue: €8.15b (down 1.3% from FY 2024). Net income: €1.49b (down 21% from FY 2024). Profit margin: 18% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Dec 09VERBUND AG, Annual General Meeting, Apr 21, 2026VERBUND AG, Annual General Meeting, Apr 21, 2026.Declared Dividend • Dec 07Dividend reduced to €1.15Dividend of €1.15 is 59% lower than last year. Ex-date: 28th April 2026 Payment date: 11th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.最新情報をもっと見るRecent updatesReported Earnings • May 14First quarter 2026 earnings released: EPS: €0.78 (vs €1.14 in 1Q 2025)First quarter 2026 results: EPS: €0.78 (down from €1.14 in 1Q 2025). Revenue: €1.94b (down 16% from 1Q 2025). Net income: €269.8m (down 32% from 1Q 2025). Profit margin: 14% (down from 17% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 7.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 21Upcoming dividend of €3.15 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.7%).お知らせ • Mar 19VERBUND AG announces Annual dividend, payable on May 11, 2026VERBUND AG announced Annual dividend of EUR 2.0000 per share payable on May 11, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.Reported Earnings • Mar 18Full year 2025 earnings released: EPS: €4.29 (vs €5.40 in FY 2024)Full year 2025 results: EPS: €4.29 (down from €5.40 in FY 2024). Revenue: €8.15b (down 1.3% from FY 2024). Net income: €1.49b (down 21% from FY 2024). Profit margin: 18% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Dec 09VERBUND AG, Annual General Meeting, Apr 21, 2026VERBUND AG, Annual General Meeting, Apr 21, 2026.Declared Dividend • Dec 07Dividend reduced to €1.15Dividend of €1.15 is 59% lower than last year. Ex-date: 28th April 2026 Payment date: 11th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.お知らせ • Dec 04VERBUND AG Proposes Special Dividend for the Financial Year 2025The Executive Board of VERBUND AG has resolved to propose to the 2026 Annual General Meeting a special dividend of €1.15 per share for financial year 2025 in addition to the regular dividend. The special dividend equates to an amount of approximately €400 million and supports shareholder-orientated capital allocation.Buy Or Sell Opportunity • Nov 10Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to €66.50. The fair value is estimated to be €83.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 9.7% per annum. Earnings are also forecast to decline by 9.9% per annum over the same time period.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: €1.18 (vs €1.37 in 3Q 2024)Third quarter 2025 results: EPS: €1.18 (down from €1.37 in 3Q 2024). Revenue: €1.84b (down 5.4% from 3Q 2024). Net income: €409.5m (down 14% from 3Q 2024). Profit margin: 22% (down from 25% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.8%. 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 7% per year, which means it is performing significantly worse than earnings.お知らせ • Oct 11+ 3 more updatesVERBUND AG to Report Fiscal Year 2025 Results on Mar 18, 2026VERBUND AG announced that they will report fiscal year 2025 results on Mar 18, 2026Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €1.17 (vs €1.16 in 2Q 2024)Second quarter 2025 results: EPS: €1.17 (up from €1.16 in 2Q 2024). Revenue: €1.81b (down 4.1% from 2Q 2024). Net income: €406.0m (flat on 2Q 2024). Profit margin: 23% (up from 21% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jun 13Now 24% overvaluedOver the last 90 days, the stock has fallen 2.2% to €68.60. The fair value is estimated to be €55.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings are also forecast to decline by 10% per annum over the same time period.Buy Or Sell Opportunity • May 21Now 20% overvaluedOver the last 90 days, the stock has fallen 6.1% to €66.15. The fair value is estimated to be €55.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to decline by 10% per annum. Earnings are also forecast to decline by 11% per annum over the same time period.Reported Earnings • May 15First quarter 2025 earnings released: EPS: €1.14 (vs €1.46 in 1Q 2024)First quarter 2025 results: EPS: €1.14 (down from €1.46 in 1Q 2024). Revenue: €2.30b (up 14% from 1Q 2024). Net income: €396.7m (down 22% from 1Q 2024). Profit margin: 17% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 29Upcoming dividend of €2.80 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.7%).Declared Dividend • Mar 23Dividend reduced to €2.80Dividend of €2.80 is 33% lower than last year. Ex-date: 6th May 2025 Payment date: 19th May 2025 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 30% over the next 3 years. Since a fall of 22% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.お知らせ • Mar 22VERBUND AG Provides Earnings Guidance for the Year 2025VERBUND AG provided earnings guidance for the year 2025. The company expects group result of between around €1,350 million and €1,750 million in financial year 2025.お知らせ • Mar 21VERBUND AG announces Annual dividend, payable on May 19, 2025VERBUND AG announced Annual dividend of EUR 2.8000 per share payable on May 19, 2025, ex-date on May 06, 2025 and record date on May 07, 2025.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: €5.40 (vs €6.52 in FY 2023)Full year 2024 results: EPS: €5.40 (down from €6.52 in FY 2023). Revenue: €8.38b (down 20% from FY 2023). Net income: €1.88b (down 17% from FY 2023). Profit margin: 22% (in line with FY 2023). Revenue is expected to decline by 9.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Jan 27VERBUND AG, Annual General Meeting, Apr 29, 2025VERBUND AG, Annual General Meeting, Apr 29, 2025.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: €1.37 (vs €2.00 in 3Q 2023)Third quarter 2024 results: EPS: €1.37 (down from €2.00 in 3Q 2023). Revenue: €1.97b (down 36% from 3Q 2023). Net income: €477.1m (down 31% from 3Q 2023). Profit margin: 24% (up from 22% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Oct 15+ 2 more updatesVERBUND AG to Report Q1, 2025 Results on May 14, 2025VERBUND AG announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 14, 2025お知らせ • Oct 14VERBUND AG to Report Fiscal Year 2024 Results on Mar 20, 2025VERBUND AG announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 20, 2025お知らせ • Aug 27VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH.VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024. The Solavolta brand name will remain. VERBUND AG (WBAG:VER) completed the acquisition of remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024.Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: €1.16 (vs €2.18 in 2Q 2023)Second quarter 2024 results: EPS: €1.16 (down from €2.18 in 2Q 2023). Revenue: €1.91b (down 44% from 2Q 2023). Net income: €404.0m (down 47% from 2Q 2023). Profit margin: 21% (down from 22% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 8.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.5%. 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 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 09First quarter 2024 earnings released: EPS: €1.46 (vs €1.52 in 1Q 2023)First quarter 2024 results: EPS: €1.46 (down from €1.52 in 1Q 2023). Revenue: €2.05b (down 37% from 1Q 2023). Net income: €506.0m (down 4.3% from 1Q 2023). Profit margin: 25% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 17% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.6b (up 1.9% from FY 2022). Net income: €2.27b (up 32% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to decline by 20% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.Declared Dividend • Feb 16Dividend of €4.15 announcedShareholders will receive a dividend of €4.15. Ex-date: 7th May 2024 Payment date: 17th May 2024 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 42% over the next 3 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.New Risk • Nov 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Oct 27VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX).VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023. The wind portfolio comprises five operational wind farms with a total capacity of 38.4 MW (Oedelum, Quelkhorn, Mariengarten, Münster and Frielendorf Süd) as well as a 18 MW wind project in Feldatal that is planned to come on stream in quarter 3/2024. VERBUND will only take over the project under construction after commissioning.VERBUND AG completed the acquisition of 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023.お知らせ • Sep 28+ 1 more updateVERBUND AG to Report Fiscal Year 2023 Results on Mar 14, 2024VERBUND AG announced that they will report fiscal year 2023 results at 8:00 AM, Central European Standard Time on Mar 14, 2024お知らせ • Sep 27+ 2 more updatesVERBUND AG to Report Q1, 2024 Results on May 08, 2024VERBUND AG announced that they will report Q1, 2024 results on May 08, 2024Reported Earnings • Jul 31Second quarter 2023 earnings released: EPS: €2.18 (vs €0.87 in 2Q 2022)Second quarter 2023 results: EPS: €2.18 (up from €0.87 in 2Q 2022). Revenue: €3.42b (up 56% from 2Q 2022). Net income: €758.3m (up 150% from 2Q 2022). Profit margin: 22% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 26VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L.VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023. VERBUND has acquired Operative wind power plants in Spain for an enterprise value of approximately €0.46 billion. VERBUND AG (WBAG:VER) completed the acquisition of Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023.New Risk • Jun 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% 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 Risk Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Apr 25Upcoming dividend of €3.60 per share at 3.0% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.9%).Buying Opportunity • Jan 04Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €98.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to decline by 9.4% per annum. Earnings is forecast to grow by 2.1% per annum over the same time period.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €0.71 (vs €0.76 in 3Q 2021)Third quarter 2022 results: EPS: €0.71 (down from €0.76 in 3Q 2021). Revenue: €2.93b (up 271% from 3Q 2021). Net income: €248.1m (down 5.6% from 3Q 2021). Profit margin: 8.5% (down from 33% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 8.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 29+ 2 more updatesVERBUND AG to Report First Half, 2023 Results on Jul 27, 2023VERBUND AG announced that they will report first half, 2023 results on Jul 27, 2023Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €94.75, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Electric Utilities industry in Europe. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €84.67 per share.Reported Earnings • Aug 01Second quarter 2022 earnings released: EPS: €0.87 (vs €0.52 in 2Q 2021)Second quarter 2022 results: EPS: €0.87 (up from €0.52 in 2Q 2021). Revenue: €2.23b (up €1.90b from 2Q 2021). Net income: €302.8m (up 68% from 2Q 2021). Profit margin: 14% (down from 55% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to decline by 22% while the industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year.Reported Earnings • May 31First quarter 2022 earnings released: EPS: €1.48 (vs €0.42 in 1Q 2021)First quarter 2022 results: EPS: €1.48 (up from €0.42 in 1Q 2021). Revenue: €2.56b (up 279% from 1Q 2021). Net income: €514.4m (up 256% from 1Q 2021). Profit margin: 20% (down from 22% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to decline by 16% while the industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.Valuation Update With 7 Day Price Move • May 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to €93.33, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €91.88 per share.Buying Opportunity • May 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €102, 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. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €84.45, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electric Utilities industry in Europe. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €104 per share.Upcoming Dividend • Apr 27Upcoming dividend of €1.05 per shareEligible shareholders must have bought the stock before 02 May 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (4.1%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €86.65, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.59 per share.Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS €0.76 (vs €0.48 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: €809.0m (flat on 3Q 2020). Net income: €262.9m (up 57% from 3Q 2020). Profit margin: 33% (up from 21% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.52 (vs €0.44 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: €346.6m (down 24% from 2Q 2020). Net income: €179.8m (up 17% from 2Q 2020). Profit margin: 52% (up from 34% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Executive Departure • Jun 15Chairman of Supervisory Board Thomas Schmid has left the companyOn the 8th of June, Thomas Schmid's tenure as Chairman of Supervisory Board ended after 2.1 years in the role. We don't have any record of a personal shareholding under Thomas' name. A total of 7 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years.Reported Earnings • May 13First quarter 2021 earnings released: EPS €0.42 (vs €0.45 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: €691.0m (down 45% from 1Q 2020). Net income: €144.7m (down 7.5% from 1Q 2020). Profit margin: 21% (up from 12% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 20Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 27 April 2021. Payment date: 10 May 2021. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (3.6%).Reported Earnings • Mar 18Full year 2020 earnings released: EPS €1.82 (vs €1.60 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €3.31b (down 15% from FY 2019). Net income: €631.4m (up 14% from FY 2019). Profit margin: 19% (up from 14% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Feb 06New 90-day high: €80.75The company is up 52% from its price of €53.09 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.89 per share.Is New 90 Day High Low • Jan 21New 90-day high: €78.85The company is up 51% from its price of €52.30 on 23 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities 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 €22.99 per share.Is New 90 Day High Low • Dec 31New 90-day high: €69.50The company is up 46% from its price of €47.60 on 02 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.26 per share.Is New 90 Day High Low • Dec 10New 90-day high: €59.70The company is up 33% from its price of €44.98 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.01 per share.Is New 90 Day High Low • Nov 19New 90-day high: €55.35The company is up 24% from its price of €44.78 on 21 August 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.86 per share.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS €0.48The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: €827.5m (flat on 3Q 2019). Net income: €167.3m (up 48% from 3Q 2019). Profit margin: 20% (up from 14% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Sep 29New 90-day high: €47.02The company is up 16% from its price of €40.44 on 01 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.49 per share.株主還元0NR1GB Electric UtilitiesGB 市場7D-2.7%0.8%0.3%1Y-8.3%20.6%18.8%株主還元を見る業界別リターン: 0NR1過去 1 年間で20.6 % の収益を上げたUK Electric Utilities業界を下回りました。リターン対市場: 0NR1は、過去 1 年間で18.8 % のリターンを上げたUK市場を下回りました。価格変動Is 0NR1's price volatile compared to industry and market?0NR1 volatility0NR1 Average Weekly Movement4.5%Electric Utilities Industry Average Movement4.0%Market Average Movement5.7%10% most volatile stocks in GB Market11.9%10% least volatile stocks in GB Market3.1%安定した株価: 0NR1 、 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: 0NR1の 週次ボラティリティ ( 5% ) 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19474,536Michael Struglwww.verbund.comヴェルブンド社は子会社とともに、オーストリア、ドイツ、フランス、ルーマニア、スペイン、ルクセンブルグで発電、売買、電力販売を行っている。水力部門、新再生エネルギー部門、販売部門、送電網部門、その他部門を通じて事業を展開している。水力発電、風力発電、太陽光発電システム、フレキシブル蓄電システムの発電、取引・販売活動、蓄電池システム関連事業、電力・火力発電、持分保有などを行っている。また、電力、ガス、e-モビリティ、大規模太陽光発電システムも提供している。同社は、エネルギー取引所市場参加者、トレーダー、電力会社、工業会社、家庭用および商業用の顧客にサービスを提供している。ヴェルブンドAGは1947年に設立され、本社はオーストリアのウィーンにある。もっと見るVERBUND AG 基礎のまとめVERBUND の収益と売上を時価総額と比較するとどうか。0NR1 基礎統計学時価総額€20.90b収益（TTM）€1.36b売上高(TTM)€7.68b15.3xPER（株価収益率2.7xP/Sレシオ0NR1 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0NR1 損益計算書（TTM）収益€7.68b売上原価€4.03b売上総利益€3.64bその他の費用€2.28b収益€1.36b直近の収益報告Mar 31, 2026次回決算日Jul 30, 2026一株当たり利益（EPS）3.92グロス・マージン47.47%純利益率17.75%有利子負債／自己資本比率16.1%0NR1 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3.3%現在の配当利回り51%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2026/05/22 00:02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VERBUND AG 9 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。27 アナリスト機関Monica GirardiBarclaysPeter CramptonBarclaysAndrew FisherBerenberg24 その他のアナリストを表示
Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.78 (vs €1.14 in 1Q 2025)First quarter 2026 results: EPS: €0.78 (down from €1.14 in 1Q 2025). Revenue: €1.94b (down 16% from 1Q 2025). Net income: €269.8m (down 32% from 1Q 2025). Profit margin: 14% (down from 17% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 7.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 21Upcoming dividend of €3.15 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.7%).
お知らせ • Mar 19VERBUND AG announces Annual dividend, payable on May 11, 2026VERBUND AG announced Annual dividend of EUR 2.0000 per share payable on May 11, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: €4.29 (vs €5.40 in FY 2024)Full year 2025 results: EPS: €4.29 (down from €5.40 in FY 2024). Revenue: €8.15b (down 1.3% from FY 2024). Net income: €1.49b (down 21% from FY 2024). Profit margin: 18% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Dec 09VERBUND AG, Annual General Meeting, Apr 21, 2026VERBUND AG, Annual General Meeting, Apr 21, 2026.
Declared Dividend • Dec 07Dividend reduced to €1.15Dividend of €1.15 is 59% lower than last year. Ex-date: 28th April 2026 Payment date: 11th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.78 (vs €1.14 in 1Q 2025)First quarter 2026 results: EPS: €0.78 (down from €1.14 in 1Q 2025). Revenue: €1.94b (down 16% from 1Q 2025). Net income: €269.8m (down 32% from 1Q 2025). Profit margin: 14% (down from 17% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 7.4% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 21Upcoming dividend of €3.15 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 11 May 2026. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.7%).
お知らせ • Mar 19VERBUND AG announces Annual dividend, payable on May 11, 2026VERBUND AG announced Annual dividend of EUR 2.0000 per share payable on May 11, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: €4.29 (vs €5.40 in FY 2024)Full year 2025 results: EPS: €4.29 (down from €5.40 in FY 2024). Revenue: €8.15b (down 1.3% from FY 2024). Net income: €1.49b (down 21% from FY 2024). Profit margin: 18% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Dec 09VERBUND AG, Annual General Meeting, Apr 21, 2026VERBUND AG, Annual General Meeting, Apr 21, 2026.
Declared Dividend • Dec 07Dividend reduced to €1.15Dividend of €1.15 is 59% lower than last year. Ex-date: 28th April 2026 Payment date: 11th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 36% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Dec 04VERBUND AG Proposes Special Dividend for the Financial Year 2025The Executive Board of VERBUND AG has resolved to propose to the 2026 Annual General Meeting a special dividend of €1.15 per share for financial year 2025 in addition to the regular dividend. The special dividend equates to an amount of approximately €400 million and supports shareholder-orientated capital allocation.
Buy Or Sell Opportunity • Nov 10Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to €66.50. The fair value is estimated to be €83.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 9.7% per annum. Earnings are also forecast to decline by 9.9% per annum over the same time period.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: €1.18 (vs €1.37 in 3Q 2024)Third quarter 2025 results: EPS: €1.18 (down from €1.37 in 3Q 2024). Revenue: €1.84b (down 5.4% from 3Q 2024). Net income: €409.5m (down 14% from 3Q 2024). Profit margin: 22% (down from 25% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.8%. 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 7% per year, which means it is performing significantly worse than earnings.
お知らせ • Oct 11+ 3 more updatesVERBUND AG to Report Fiscal Year 2025 Results on Mar 18, 2026VERBUND AG announced that they will report fiscal year 2025 results on Mar 18, 2026
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: €1.17 (vs €1.16 in 2Q 2024)Second quarter 2025 results: EPS: €1.17 (up from €1.16 in 2Q 2024). Revenue: €1.81b (down 4.1% from 2Q 2024). Net income: €406.0m (flat on 2Q 2024). Profit margin: 23% (up from 21% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jun 13Now 24% overvaluedOver the last 90 days, the stock has fallen 2.2% to €68.60. The fair value is estimated to be €55.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to decline by 11% per annum. Earnings are also forecast to decline by 10% per annum over the same time period.
Buy Or Sell Opportunity • May 21Now 20% overvaluedOver the last 90 days, the stock has fallen 6.1% to €66.15. The fair value is estimated to be €55.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to decline by 10% per annum. Earnings are also forecast to decline by 11% per annum over the same time period.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: €1.14 (vs €1.46 in 1Q 2024)First quarter 2025 results: EPS: €1.14 (down from €1.46 in 1Q 2024). Revenue: €2.30b (up 14% from 1Q 2024). Net income: €396.7m (down 22% from 1Q 2024). Profit margin: 17% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 29Upcoming dividend of €2.80 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.7%).
Declared Dividend • Mar 23Dividend reduced to €2.80Dividend of €2.80 is 33% lower than last year. Ex-date: 6th May 2025 Payment date: 19th May 2025 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 30% over the next 3 years. Since a fall of 22% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
お知らせ • Mar 22VERBUND AG Provides Earnings Guidance for the Year 2025VERBUND AG provided earnings guidance for the year 2025. The company expects group result of between around €1,350 million and €1,750 million in financial year 2025.
お知らせ • Mar 21VERBUND AG announces Annual dividend, payable on May 19, 2025VERBUND AG announced Annual dividend of EUR 2.8000 per share payable on May 19, 2025, ex-date on May 06, 2025 and record date on May 07, 2025.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: €5.40 (vs €6.52 in FY 2023)Full year 2024 results: EPS: €5.40 (down from €6.52 in FY 2023). Revenue: €8.38b (down 20% from FY 2023). Net income: €1.88b (down 17% from FY 2023). Profit margin: 22% (in line with FY 2023). Revenue is expected to decline by 9.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Jan 27VERBUND AG, Annual General Meeting, Apr 29, 2025VERBUND AG, Annual General Meeting, Apr 29, 2025.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: €1.37 (vs €2.00 in 3Q 2023)Third quarter 2024 results: EPS: €1.37 (down from €2.00 in 3Q 2023). Revenue: €1.97b (down 36% from 3Q 2023). Net income: €477.1m (down 31% from 3Q 2023). Profit margin: 24% (up from 22% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Oct 15+ 2 more updatesVERBUND AG to Report Q1, 2025 Results on May 14, 2025VERBUND AG announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 14, 2025
お知らせ • Oct 14VERBUND AG to Report Fiscal Year 2024 Results on Mar 20, 2025VERBUND AG announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 20, 2025
お知らせ • Aug 27VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH.VERBUND AG (WBAG:VER) acquired remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024. The Solavolta brand name will remain. VERBUND AG (WBAG:VER) completed the acquisition of remaining 50% stake in SOLAVOLTA Energie- und Umwelttechnik GmbH on August 26, 2024.
Reported Earnings • Jul 26Second quarter 2024 earnings released: EPS: €1.16 (vs €2.18 in 2Q 2023)Second quarter 2024 results: EPS: €1.16 (down from €2.18 in 2Q 2023). Revenue: €1.91b (down 44% from 2Q 2023). Net income: €404.0m (down 47% from 2Q 2023). Profit margin: 21% (down from 22% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 8.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.5%. 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 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: €1.46 (vs €1.52 in 1Q 2023)First quarter 2024 results: EPS: €1.46 (down from €1.52 in 1Q 2023). Revenue: €2.05b (down 37% from 1Q 2023). Net income: €506.0m (down 4.3% from 1Q 2023). Profit margin: 25% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 17% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €10.6b (up 1.9% from FY 2022). Net income: €2.27b (up 32% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to decline by 20% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
Declared Dividend • Feb 16Dividend of €4.15 announcedShareholders will receive a dividend of €4.15. Ex-date: 7th May 2024 Payment date: 17th May 2024 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 42% over the next 3 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.
New Risk • Nov 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Oct 27VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX).VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023. The wind portfolio comprises five operational wind farms with a total capacity of 38.4 MW (Oedelum, Quelkhorn, Mariengarten, Münster and Frielendorf Süd) as well as a 18 MW wind project in Feldatal that is planned to come on stream in quarter 3/2024. VERBUND will only take over the project under construction after commissioning.VERBUND AG completed the acquisition of 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX) on October 25, 2023.
お知らせ • Sep 28+ 1 more updateVERBUND AG to Report Fiscal Year 2023 Results on Mar 14, 2024VERBUND AG announced that they will report fiscal year 2023 results at 8:00 AM, Central European Standard Time on Mar 14, 2024
お知らせ • Sep 27+ 2 more updatesVERBUND AG to Report Q1, 2024 Results on May 08, 2024VERBUND AG announced that they will report Q1, 2024 results on May 08, 2024
Reported Earnings • Jul 31Second quarter 2023 earnings released: EPS: €2.18 (vs €0.87 in 2Q 2022)Second quarter 2023 results: EPS: €2.18 (up from €0.87 in 2Q 2022). Revenue: €3.42b (up 56% from 2Q 2022). Net income: €758.3m (up 150% from 2Q 2022). Profit margin: 22% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 26VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L.VERBUND AG (WBAG:VER) acquired Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023. VERBUND has acquired Operative wind power plants in Spain for an enterprise value of approximately €0.46 billion. VERBUND AG (WBAG:VER) completed the acquisition of Operative wind power plants in Spain from EDP Renewables Europe, S.L. on July 25, 2023.
New Risk • Jun 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% 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 Risk Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Apr 25Upcoming dividend of €3.60 per share at 3.0% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.9%).
Buying Opportunity • Jan 04Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €98.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to decline by 9.4% per annum. Earnings is forecast to grow by 2.1% per annum over the same time period.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €0.71 (vs €0.76 in 3Q 2021)Third quarter 2022 results: EPS: €0.71 (down from €0.76 in 3Q 2021). Revenue: €2.93b (up 271% from 3Q 2021). Net income: €248.1m (down 5.6% from 3Q 2021). Profit margin: 8.5% (down from 33% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 8.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 29+ 2 more updatesVERBUND AG to Report First Half, 2023 Results on Jul 27, 2023VERBUND AG announced that they will report first half, 2023 results on Jul 27, 2023
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €94.75, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Electric Utilities industry in Europe. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €84.67 per share.
Reported Earnings • Aug 01Second quarter 2022 earnings released: EPS: €0.87 (vs €0.52 in 2Q 2021)Second quarter 2022 results: EPS: €0.87 (up from €0.52 in 2Q 2021). Revenue: €2.23b (up €1.90b from 2Q 2021). Net income: €302.8m (up 68% from 2Q 2021). Profit margin: 14% (down from 55% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to decline by 22% while the industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year.
Reported Earnings • May 31First quarter 2022 earnings released: EPS: €1.48 (vs €0.42 in 1Q 2021)First quarter 2022 results: EPS: €1.48 (up from €0.42 in 1Q 2021). Revenue: €2.56b (up 279% from 1Q 2021). Net income: €514.4m (up 256% from 1Q 2021). Profit margin: 20% (down from 22% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to decline by 16% while the industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to €93.33, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €91.88 per share.
Buying Opportunity • May 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €102, 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. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €84.45, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electric Utilities industry in Europe. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €104 per share.
Upcoming Dividend • Apr 27Upcoming dividend of €1.05 per shareEligible shareholders must have bought the stock before 02 May 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (4.1%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €86.65, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.59 per share.
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS €0.76 (vs €0.48 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: €809.0m (flat on 3Q 2020). Net income: €262.9m (up 57% from 3Q 2020). Profit margin: 33% (up from 21% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.52 (vs €0.44 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: €346.6m (down 24% from 2Q 2020). Net income: €179.8m (up 17% from 2Q 2020). Profit margin: 52% (up from 34% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Executive Departure • Jun 15Chairman of Supervisory Board Thomas Schmid has left the companyOn the 8th of June, Thomas Schmid's tenure as Chairman of Supervisory Board ended after 2.1 years in the role. We don't have any record of a personal shareholding under Thomas' name. A total of 7 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years.
Reported Earnings • May 13First quarter 2021 earnings released: EPS €0.42 (vs €0.45 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: €691.0m (down 45% from 1Q 2020). Net income: €144.7m (down 7.5% from 1Q 2020). Profit margin: 21% (up from 12% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 20Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 27 April 2021. Payment date: 10 May 2021. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (3.6%).
Reported Earnings • Mar 18Full year 2020 earnings released: EPS €1.82 (vs €1.60 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €3.31b (down 15% from FY 2019). Net income: €631.4m (up 14% from FY 2019). Profit margin: 19% (up from 14% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Feb 06New 90-day high: €80.75The company is up 52% from its price of €53.09 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.89 per share.
Is New 90 Day High Low • Jan 21New 90-day high: €78.85The company is up 51% from its price of €52.30 on 23 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities 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 €22.99 per share.
Is New 90 Day High Low • Dec 31New 90-day high: €69.50The company is up 46% from its price of €47.60 on 02 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.26 per share.
Is New 90 Day High Low • Dec 10New 90-day high: €59.70The company is up 33% from its price of €44.98 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.01 per share.
Is New 90 Day High Low • Nov 19New 90-day high: €55.35The company is up 24% from its price of €44.78 on 21 August 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.86 per share.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS €0.48The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: €827.5m (flat on 3Q 2019). Net income: €167.3m (up 48% from 3Q 2019). Profit margin: 20% (up from 14% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Sep 29New 90-day high: €47.02The company is up 16% from its price of €40.44 on 01 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.49 per share.
