ALPHA ADRIATIC d.d（ULPL）株式概要ALPHA ADRIATIC d.d.はクロアチアで海上輸送サービスを提供している。 詳細ULPL ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6リスク分析HR市場と比較して、過去 3 か月間の株価の変動が非常に大きい意味のある時価総額がありません ( €5M )過去5年間で収益は年間70.3%減少しました。 マイナスの株主資本 すべてのリスクチェックを見るULPL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW486,260 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 NarrativeBLINRODA486,260 investors already sharing narrativesYour Fair Value€Current Price€9.0076.3% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-64m26m2016201920222025202620282031Revenue €15.5mEarnings €2.8mAdvancedSet Fair ValueView all narrativesALPHA ADRIATIC d.d. 競合他社Luka Ploce d.dSymbol: ZGSE:LKPCMarket cap: €71.6mLuka Rijeka d.dSymbol: ZGSE:LKRIMarket cap: €246.7mJadroplov d.dSymbol: ZGSE:JDPLMarket cap: €20.8mLosinjska Plovidba Holding d.dSymbol: ZGSE:LPLHMarket cap: €17.5m価格と性能株価の高値、安値、推移の概要ALPHA ADRIATIC d.d過去の株価現在の株価€9.0052週高値€12.6052週安値€7.80ベータ-0.371ヶ月の変化0%3ヶ月変化-7.69%1年変化-22.41%3年間の変化-52.13%5年間の変化-28.92%IPOからの変化-91.57%最新ニュースReported Earnings • Jul 26Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: €4.72m (up 45% from 2Q 2025). Net loss: €423.5k (loss narrowed 68% from 2Q 2025).New Risk • Jul 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Croatian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-€15m). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€5.75m market cap, or US$6.56m).Reported Earnings • May 06First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €4.14m (down 4.9% from 1Q 2025). Net loss: €1.01m (loss widened 167% from 1Q 2025).New Risk • Apr 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Croatian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€14m). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (€5.34m market cap, or US$6.25m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€7.2m). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (€6.24m market cap, or US$7.20m).Reported Earnings • Jul 30Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €3.31m (down 32% from 2Q 2024). Net loss: €1.31m (down 214% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.最新情報をもっと見るRecent updatesReported Earnings • Jul 26Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: €4.72m (up 45% from 2Q 2025). Net loss: €423.5k (loss narrowed 68% from 2Q 2025).New Risk • Jul 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Croatian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-€15m). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€5.75m market cap, or US$6.56m).Reported Earnings • May 06First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €4.14m (down 4.9% from 1Q 2025). Net loss: €1.01m (loss widened 167% from 1Q 2025).New Risk • Apr 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Croatian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€14m). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (€5.34m market cap, or US$6.25m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€7.2m). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (€6.24m market cap, or US$7.20m).Reported Earnings • Jul 30Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €3.31m (down 32% from 2Q 2024). Net loss: €1.31m (down 214% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.New Risk • Jul 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Negative equity (-€4.0m). Market cap is less than US$10m (€6.24m market cap, or US$7.21m).New Risk • May 23New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€4.0m). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (€6.73m market cap, or US$7.60m). Minor Risk Revenue is less than US$5m (€3.0m revenue, or US$3.4m).分析記事 • May 07ALPHA ADRIATIC d.d's (ZGSE:ULPL) Earnings May Just Be The Starting PointInvestors were underwhelmed by the solid earnings posted by ALPHA ADRIATIC d.d. ( ZGSE:ULPL ) recently. Our analysis...Reported Earnings • May 05First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €4.45m (down 1.5% from 1Q 2024). Net loss: €377.7k (loss narrowed 8.4% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.分析記事 • Apr 29ALPHA ADRIATIC d.d (ZGSE:ULPL) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €14.60, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Negligible returns to shareholders over past three years.Reported Earnings • Mar 06Full year 2024 earnings released: EPS: €3.52 (vs €3.06 loss in FY 2023)Full year 2024 results: EPS: €3.52 (up from €3.06 loss in FY 2023). Revenue: €22.8m (up 29% from FY 2023). Net income: €1.93m (up €3.60m from FY 2023). Profit margin: 8.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 04Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €4.32m (flat on 3Q 2023). Net income: €446.0k (up €692.7k from 3Q 2023). Profit margin: 10% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 24Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €5.46m (up 37% from 2Q 2023). Net income: €1.15m (up €1.41m from 2Q 2023). Profit margin: 21% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.New Risk • Jun 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.25m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€8.1m). Market cap is less than US$10m (€9.25m market cap, or US$9.91m). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €4.56m (down 2.8% from 1Q 2023). Net loss: €320.8k (down 470% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.New Risk • Apr 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.30m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€8.3m). Market cap is less than US$10m (€9.30m market cap, or US$9.98m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).New Risk • Mar 07New major risk - Negative shareholders equityThe company has negative equity. Total equity: -€6.3m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-€6.3m). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (€9.90m market cap, or US$10.8m).Reported Earnings • Mar 03Full year 2023 earnings released: €4.13 loss per share (vs €13.67 profit in FY 2022)Full year 2023 results: €4.13 loss per share (down from €13.67 profit in FY 2022). Net loss: €2.26m (down 130% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.9% to €20.40. The fair value is estimated to be €16.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable.分析記事 • Jan 26Sentiment Still Eluding ALPHA ADRIATIC d.d. (ZGSE:ULPL)ALPHA ADRIATIC d.d.'s ( ZGSE:ULPL ) price-to-earnings (or "P/E") ratio of 2.9x might make it look like a strong buy...New Risk • Jan 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Croatian stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.9% average weekly change). Negative equity (-€6.3m). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (€11.9m market cap, or US$12.9m).Buy Or Sell Opportunity • Jan 19Now 27% overvaluedOver the last 90 days, the stock has fallen 8.9% to €20.40. The fair value is estimated to be €16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €22.60, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total returns to shareholders of 622% over the past three years.分析記事 • Aug 18ALPHA ADRIATIC d.d (ZGSE:ULPL) Has More To Do To Multiply In Value Going ForwardWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €19.00, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Total returns to shareholders of 475% over the past three years.Reported Earnings • May 01First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €4.75m (up 5.2% from 1Q 2022). Net income: €324.8k (down 69% from 1Q 2022). Profit margin: 6.8% (down from 23% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 10ALPHA ADRIATIC d.d.'s (ZGSE:ULPL) Price Is Right But Growth Is Lacking After Shares Rocket 73%Despite an already strong run, ALPHA ADRIATIC d.d. ( ZGSE:ULPL ) shares have been powering on, with a gain of 73% in...分析記事 • Feb 17Returns Are Gaining Momentum At ALPHA ADRIATIC d.d (ZGSE:ULPL)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Reported Earnings • Nov 03Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: Kn46.5m (up 11% from 3Q 2021). Net income: Kn6.77m (down 24% from 3Q 2021). Profit margin: 15% (down from 21% in 3Q 2021).お知らせ • Sep 21ALPHA ADRIATIC d.d.(ZGSE:ULPL) dropped from CrobexALPHA ADRIATIC d.d. has been removed from CROBEX.分析記事 • Sep 16Returns On Capital Are A Standout For ALPHA ADRIATIC d.d (ZGSE:ULPL)There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Reported Earnings • Mar 06Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: Kn194 (up from Kn176 in FY 2020). Revenue: Kn138.0m (up 48% from FY 2020). Net income: Kn106.1m (up 9.9% from FY 2020). Profit margin: 77% (down from 104% in FY 2020). The decrease in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.分析記事 • Jan 12Calculating The Fair Value Of ALPHA ADRIATIC d.d. (ZGSE:ULPL)In this article we are going to estimate the intrinsic value of ALPHA ADRIATIC d.d. ( ZGSE:ULPL ) by taking the...分析記事 • Nov 17Under The Bonnet, ALPHA ADRIATIC d.d's (ZGSE:ULPL) Returns Look ImpressiveDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...分析記事 • Aug 01ALPHA ADRIATIC d.d (ZGSE:ULPL) Knows How To Allocate Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Reported Earnings • Aug 01Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Kn34.3m (up 66% from 2Q 2020). Net income: Kn19.1m (up Kn41.8m from 2Q 2020). Profit margin: 56% (up from net loss in 2Q 2020).分析記事 • Mar 08Why ALPHA ADRIATIC d.d's (ZGSE:ULPL) Earnings Are Better Than They SeemThe stock was sluggish on the back of ALPHA ADRIATIC d.d.'s ( ZGSE:ULPL ) recent earnings report. Our analysis suggests...Is New 90 Day High Low • Mar 01New 90-day high: Kn38.00The company is up 6.0% from its price of Kn36.00 on 01 December 2020. The Croatian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Infrastructure industry, which is also up 6.0% over the same period.Is New 90 Day High Low • Feb 15New 90-day high: Kn37.80The company is up 51% from its price of Kn25.00 on 12 November 2020. The Croatian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is flat over the same period.株主還元ULPLHR InfrastructureHR 市場7D-10.0%0.7%0.4%1Y-22.4%6.9%9.6%株主還元を見る業界別リターン: ULPL過去 1 年間で6.9 % の収益を上げたHR Infrastructure業界を下回りました。リターン対市場: ULPLは、過去 1 年間で9.6 % のリターンを上げたHR市場を下回りました。価格変動Is ULPL's price volatile compared to industry and market?ULPL volatilityULPL Average Weekly Movement9.5%Infrastructure Industry Average Movement3.9%Market Average Movement5.0%10% most volatile stocks in HR Market9.2%10% least volatile stocks in HR Market2.8%安定した株価: ULPLの株価は、 HR市場と比較して過去 3 か月間で変動しています。時間の経過による変動: ULPLの weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてHRの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト198627Igor Budisavljevicalphaadriatic.comALPHA ADRIATIC d.d.は、クロアチアで海上輸送サービスを提供している。同社は主にドライカーゴ、石油、化学品、石油製品を輸送している。同社の船隊は、3隻のMRタンカーと4隻のSupramaxばら積み船で構成されている。また、技術、商業、乗組員管理、保険サービスなどの管理サービスも行っている。同社は以前Uljanik Plovidba D.D.として知られていたが、2019年10月にALPHA ADRIATIC d.d.に社名を変更した。ALPHA ADRIATIC d.d.はクロアチアのプーラを拠点としている。もっと見るALPHA ADRIATIC d.d. 基礎のまとめALPHA ADRIATIC d.d の収益と売上を時価総額と比較するとどうか。ULPL 基礎統計学時価総額€4.93m収益（TTM）-€6.50m売上高(TTM)€16.98m0.3xP/Sレシオ-0.8xPER（株価収益率ULPL 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ULPL 損益計算書（TTM）収益€16.98m売上原価€12.56m売上総利益€4.42mその他の費用€10.92m収益-€6.50m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）-11.87グロス・マージン26.06%純利益率-38.27%有利子負債／自己資本比率-401.0%ULPL の長期的なパフォーマンスは？過去の実績と比較を見る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2026/07/27 07:52終値2026/07/24 00:00収益2026/06/30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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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ALPHA ADRIATIC d.d. 0 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。0
Reported Earnings • Jul 26Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: €4.72m (up 45% from 2Q 2025). Net loss: €423.5k (loss narrowed 68% from 2Q 2025).
New Risk • Jul 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Croatian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-€15m). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€5.75m market cap, or US$6.56m).
Reported Earnings • May 06First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €4.14m (down 4.9% from 1Q 2025). Net loss: €1.01m (loss widened 167% from 1Q 2025).
New Risk • Apr 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Croatian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€14m). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (€5.34m market cap, or US$6.25m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€7.2m). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (€6.24m market cap, or US$7.20m).
Reported Earnings • Jul 30Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €3.31m (down 32% from 2Q 2024). Net loss: €1.31m (down 214% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 26Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: €4.72m (up 45% from 2Q 2025). Net loss: €423.5k (loss narrowed 68% from 2Q 2025).
New Risk • Jul 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Croatian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Negative equity (-€15m). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (€5.75m market cap, or US$6.56m).
Reported Earnings • May 06First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €4.14m (down 4.9% from 1Q 2025). Net loss: €1.01m (loss widened 167% from 1Q 2025).
New Risk • Apr 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Croatian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€14m). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (€5.34m market cap, or US$6.25m). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change).
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€7.2m). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (€6.24m market cap, or US$7.20m).
Reported Earnings • Jul 30Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €3.31m (down 32% from 2Q 2024). Net loss: €1.31m (down 214% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
New Risk • Jul 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Negative equity (-€4.0m). Market cap is less than US$10m (€6.24m market cap, or US$7.21m).
New Risk • May 23New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€4.0m). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (€6.73m market cap, or US$7.60m). Minor Risk Revenue is less than US$5m (€3.0m revenue, or US$3.4m).
分析記事 • May 07ALPHA ADRIATIC d.d's (ZGSE:ULPL) Earnings May Just Be The Starting PointInvestors were underwhelmed by the solid earnings posted by ALPHA ADRIATIC d.d. ( ZGSE:ULPL ) recently. Our analysis...
Reported Earnings • May 05First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €4.45m (down 1.5% from 1Q 2024). Net loss: €377.7k (loss narrowed 8.4% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 29ALPHA ADRIATIC d.d (ZGSE:ULPL) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €14.60, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Negligible returns to shareholders over past three years.
Reported Earnings • Mar 06Full year 2024 earnings released: EPS: €3.52 (vs €3.06 loss in FY 2023)Full year 2024 results: EPS: €3.52 (up from €3.06 loss in FY 2023). Revenue: €22.8m (up 29% from FY 2023). Net income: €1.93m (up €3.60m from FY 2023). Profit margin: 8.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 04Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €4.32m (flat on 3Q 2023). Net income: €446.0k (up €692.7k from 3Q 2023). Profit margin: 10% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 24Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €5.46m (up 37% from 2Q 2023). Net income: €1.15m (up €1.41m from 2Q 2023). Profit margin: 21% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
New Risk • Jun 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.25m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€8.1m). Market cap is less than US$10m (€9.25m market cap, or US$9.91m). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).
Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €4.56m (down 2.8% from 1Q 2023). Net loss: €320.8k (down 470% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
New Risk • Apr 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.30m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€8.3m). Market cap is less than US$10m (€9.30m market cap, or US$9.98m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).
New Risk • Mar 07New major risk - Negative shareholders equityThe company has negative equity. Total equity: -€6.3m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-€6.3m). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (€9.90m market cap, or US$10.8m).
Reported Earnings • Mar 03Full year 2023 earnings released: €4.13 loss per share (vs €13.67 profit in FY 2022)Full year 2023 results: €4.13 loss per share (down from €13.67 profit in FY 2022). Net loss: €2.26m (down 130% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.9% to €20.40. The fair value is estimated to be €16.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable.
分析記事 • Jan 26Sentiment Still Eluding ALPHA ADRIATIC d.d. (ZGSE:ULPL)ALPHA ADRIATIC d.d.'s ( ZGSE:ULPL ) price-to-earnings (or "P/E") ratio of 2.9x might make it look like a strong buy...
New Risk • Jan 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Croatian stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.9% average weekly change). Negative equity (-€6.3m). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (€11.9m market cap, or US$12.9m).
Buy Or Sell Opportunity • Jan 19Now 27% overvaluedOver the last 90 days, the stock has fallen 8.9% to €20.40. The fair value is estimated to be €16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €22.60, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total returns to shareholders of 622% over the past three years.
分析記事 • Aug 18ALPHA ADRIATIC d.d (ZGSE:ULPL) Has More To Do To Multiply In Value Going ForwardWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €19.00, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Total returns to shareholders of 475% over the past three years.
Reported Earnings • May 01First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €4.75m (up 5.2% from 1Q 2022). Net income: €324.8k (down 69% from 1Q 2022). Profit margin: 6.8% (down from 23% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 10ALPHA ADRIATIC d.d.'s (ZGSE:ULPL) Price Is Right But Growth Is Lacking After Shares Rocket 73%Despite an already strong run, ALPHA ADRIATIC d.d. ( ZGSE:ULPL ) shares have been powering on, with a gain of 73% in...
分析記事 • Feb 17Returns Are Gaining Momentum At ALPHA ADRIATIC d.d (ZGSE:ULPL)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Reported Earnings • Nov 03Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: Kn46.5m (up 11% from 3Q 2021). Net income: Kn6.77m (down 24% from 3Q 2021). Profit margin: 15% (down from 21% in 3Q 2021).
お知らせ • Sep 21ALPHA ADRIATIC d.d.(ZGSE:ULPL) dropped from CrobexALPHA ADRIATIC d.d. has been removed from CROBEX.
分析記事 • Sep 16Returns On Capital Are A Standout For ALPHA ADRIATIC d.d (ZGSE:ULPL)There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Reported Earnings • Mar 06Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: Kn194 (up from Kn176 in FY 2020). Revenue: Kn138.0m (up 48% from FY 2020). Net income: Kn106.1m (up 9.9% from FY 2020). Profit margin: 77% (down from 104% in FY 2020). The decrease in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
分析記事 • Jan 12Calculating The Fair Value Of ALPHA ADRIATIC d.d. (ZGSE:ULPL)In this article we are going to estimate the intrinsic value of ALPHA ADRIATIC d.d. ( ZGSE:ULPL ) by taking the...
分析記事 • Nov 17Under The Bonnet, ALPHA ADRIATIC d.d's (ZGSE:ULPL) Returns Look ImpressiveDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
分析記事 • Aug 01ALPHA ADRIATIC d.d (ZGSE:ULPL) Knows How To Allocate Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Reported Earnings • Aug 01Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Kn34.3m (up 66% from 2Q 2020). Net income: Kn19.1m (up Kn41.8m from 2Q 2020). Profit margin: 56% (up from net loss in 2Q 2020).
分析記事 • Mar 08Why ALPHA ADRIATIC d.d's (ZGSE:ULPL) Earnings Are Better Than They SeemThe stock was sluggish on the back of ALPHA ADRIATIC d.d.'s ( ZGSE:ULPL ) recent earnings report. Our analysis suggests...
Is New 90 Day High Low • Mar 01New 90-day high: Kn38.00The company is up 6.0% from its price of Kn36.00 on 01 December 2020. The Croatian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Infrastructure industry, which is also up 6.0% over the same period.
Is New 90 Day High Low • Feb 15New 90-day high: Kn37.80The company is up 51% from its price of Kn25.00 on 12 November 2020. The Croatian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is flat over the same period.
