View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsSaras 将来の成長Future 基準チェック /06Sarasの収益と利益は、それぞれ年間0.7%と43.5%減少すると予測されています。EPS は年間46.3%で 減少すると予想されています。自己資本利益率は 3 年後に6.7%になると予測されています。主要情報-43.5%収益成長率-46.28%EPS成長率Oil and Gas 収益成長7.5%収益成長率-0.7%将来の株主資本利益率6.72%アナリストカバレッジLow最終更新日30 Aug 2024今後の成長に関する最新情報Price Target Changed • Feb 23Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.72. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.Price Target Changed • Feb 13Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.73. Stock is up 15% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.Major Estimate Revision • Jan 29Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.315 to €0.27 per share. Revenue forecast steady at €11.3b. Net income forecast to shrink 53% next year vs 1.1% growth forecast for Oil and Gas industry in Italy . Consensus price target up from €1.54 to €1.60. Share price fell 5.5% to €1.65 over the past week.Major Estimate Revision • Oct 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.29 to €0.322. Revenue forecast unchanged at €11.0b. Net income forecast to shrink 21% next year vs 3.7% growth forecast for Oil and Gas industry in Italy . Consensus price target broadly unchanged at €1.54. Share price rose 2.4% to €1.31 over the past week.Major Estimate Revision • Aug 07Consensus revenue estimates decrease by 16%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €13.0b to €11.0b. EPS estimate increased from €0.263 to €0.27 per share. Net income forecast to shrink 28% next year vs 3.2% decline forecast for Oil and Gas industry in Italy. Consensus price target broadly unchanged at €1.47. Share price fell 6.4% to €1.22 over the past week.Price Target Changed • Jul 21Price target decreased by 16% to €1.48Down from €1.75, the current price target is an average from 5 analysts. New target price is 16% above last closing price of €1.28. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.44 last year.すべての更新を表示Recent updatesお知らせ • Sep 11Saras S.p.A.(BIT:SRS) dropped from Euronext 150 IndexSaras S.p.A. has been dropped from the Euronext 150 Index.お知らせ • Sep 05Saras to Delist on September 11Varas said on September 3, 2024 it held 95.285% of Saras' share (Saras S.p.A.) Capital at end of reopening of terms of tender offer. Joint procedure on residual shares, delisting of Saras, to take place on September 11.お知らせ • Aug 22Saras S.p.A.(BIT:SRS) dropped from S&P Global BMI IndexSaras S.p.A.(BIT:SRS) dropped from S&P Global BMI IndexReported Earnings • Aug 01Second quarter 2024 earnings released: EPS: €0.033 (vs €0.018 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.033 (up from €0.018 loss in 2Q 2023). Revenue: €2.88b (up 48% from 2Q 2023). Net income: €31.3m (up €48.1m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 11Now 20% overvaluedOver the last 90 days, the stock has fallen 10.0% to €1.62. The fair value is estimated to be €1.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are forecast to decline by 37% per annum over the same time period.Upcoming Dividend • May 13Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (5.9%).分析記事 • Apr 23Saras (BIT:SRS) Will Pay A Smaller Dividend Than Last YearSaras S.p.A. ( BIT:SRS ) has announced that on 22nd of May, it will be paying a dividend of€0.15, which a reduction...分析記事 • Mar 25Saras (BIT:SRS) Has Announced That Its Dividend Will Be Reduced To €0.15Saras S.p.A. ( BIT:SRS ) has announced that on 22nd of May, it will be paying a dividend of€0.15, which a reduction...Declared Dividend • Mar 25Dividend reduced to €0.15Dividend of €0.15 is 21% lower than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.5%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 89% over the next 3 years. Since a fall of 50% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.分析記事 • Mar 23Weak Statutory Earnings May Not Tell The Whole Story For Saras (BIT:SRS)Saras S.p.A.'s ( BIT:SRS ) recent weak earnings report didn't cause a big stock movement. We think that investors are...Reported Earnings • Mar 17Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €0.33 (down from €0.44 in FY 2022). Revenue: €11.4b (down 28% from FY 2022). Net income: €313.9m (down 25% from FY 2022). Profit margin: 2.7% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is expected to fall by 2.3% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 23Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.72. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.Price Target Changed • Feb 13Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.73. Stock is up 15% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.分析記事 • Feb 13Saras (BIT:SRS) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 248% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.63 per share.Major Estimate Revision • Jan 29Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.315 to €0.27 per share. Revenue forecast steady at €11.3b. Net income forecast to shrink 53% next year vs 1.1% growth forecast for Oil and Gas industry in Italy . Consensus price target up from €1.54 to €1.60. Share price fell 5.5% to €1.65 over the past week.分析記事 • Jan 29Estimating The Fair Value Of Saras S.p.A. (BIT:SRS)Key Insights The projected fair value for Saras is €1.80 based on 2 Stage Free Cash Flow to Equity Current share price...Buy Or Sell Opportunity • Jan 24Now 22% undervaluedOver the last 90 days, the stock has risen 31% to €1.70. The fair value is estimated to be €2.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 3.9% per annum. Earnings are also forecast to decline by 50% per annum over the same time period.Buying Opportunity • Nov 09Now 20% undervaluedOver the last 90 days, the stock is up 6.8%. The fair value is estimated to be €1.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.4% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: €0.16 (vs €0.058 in 3Q 2022)Third quarter 2023 results: EPS: €0.16 (up from €0.058 in 3Q 2022). Revenue: €3.06b (down 28% from 3Q 2022). Net income: €151.2m (up 176% from 3Q 2022). Profit margin: 4.9% (up from 1.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 03Is Saras (BIT:SRS) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Buying Opportunity • Oct 24Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be €1.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 6.9% per annum. Earnings is also forecast to decline by 40% per annum over the same time period.分析記事 • Oct 19Saras' (BIT:SRS) Returns Have Hit A WallIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Major Estimate Revision • Oct 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.29 to €0.322. Revenue forecast unchanged at €11.0b. Net income forecast to shrink 21% next year vs 3.7% growth forecast for Oil and Gas industry in Italy . Consensus price target broadly unchanged at €1.54. Share price rose 2.4% to €1.31 over the past week.分析記事 • Oct 02Saras S.p.A. (BIT:SRS) Shares Could Be 33% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Saras is €2.01 based on 2 Stage Free Cash Flow to Equity Current share price...分析記事 • Aug 10Saras S.p.A. (BIT:SRS) Analysts Just Slashed This Year's Revenue Estimates By 16%The analysts covering Saras S.p.A. ( BIT:SRS ) delivered a dose of negativity to shareholders today, by making a...Major Estimate Revision • Aug 07Consensus revenue estimates decrease by 16%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €13.0b to €11.0b. EPS estimate increased from €0.263 to €0.27 per share. Net income forecast to shrink 28% next year vs 3.2% decline forecast for Oil and Gas industry in Italy. Consensus price target broadly unchanged at €1.47. Share price fell 6.4% to €1.22 over the past week.分析記事 • Aug 04These 4 Measures Indicate That Saras (BIT:SRS) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 02Second quarter 2023 earnings released: €0.018 loss per share (vs €0.23 profit in 2Q 2022)Second quarter 2023 results: €0.018 loss per share (down from €0.23 profit in 2Q 2022). Revenue: €1.95b (down 59% from 2Q 2022). Net loss: €16.8m (down 108% from profit in 2Q 2022). Revenue is expected to fall by 6.9% p.a. on average during the next 3 years compared to a 5.8% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 21Price target decreased by 16% to €1.48Down from €1.75, the current price target is an average from 5 analysts. New target price is 16% above last closing price of €1.28. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.44 last year.分析記事 • Jul 20Analyst Forecasts Just Became More Bearish On Saras S.p.A. (BIT:SRS)The analysts covering Saras S.p.A. ( BIT:SRS ) delivered a dose of negativity to shareholders today, by making a...Major Estimate Revision • Jul 19Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €14.7b to €12.9b. EPS estimate unchanged from €0.29 per share at last update. Oil and Gas industry in Italy expected to see average net income decline 5.0% next year. Consensus price target of €1.69 unchanged from last update. Share price was steady at €1.26 over the past week.分析記事 • Jun 08Saras (BIT:SRS) Could Become A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Upcoming Dividend • May 15Upcoming dividend of €0.19 per share at 15% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Trailing yield: 15%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (8.9%).Reported Earnings • May 12First quarter 2023 earnings released: EPS: €0.15 (vs €0.081 in 1Q 2022)First quarter 2023 results: EPS: €0.15 (up from €0.081 in 1Q 2022). Revenue: €3.47b (up 18% from 1Q 2022). Net income: €139.1m (up 82% from 1Q 2022). Profit margin: 4.0% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.0% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.分析記事 • May 12News Flash: Analysts Just Made A Meaningful Upgrade To Their Saras S.p.A. (BIT:SRS) ForecastsShareholders in Saras S.p.A. ( BIT:SRS ) may be thrilled to learn that the analysts have just delivered a major upgrade...分析記事 • Apr 06Should You Be Adding Saras (BIT:SRS) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...分析記事 • Mar 17Analysts Are Betting On Saras S.p.A. (BIT:SRS) With A Big Upgrade This WeekSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Major Estimate Revision • Mar 16Consensus revenue estimates increase by 12%The consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast increased from €14.1b to €15.8b. EPS estimate unchanged from €0.66 at last update. Oil and Gas industry in Italy expected to see average net income decline 3.6% next year. Consensus price target of €1.88 unchanged from last update. Share price fell 5.3% to €1.35 over the past week.分析記事 • Feb 24Is Saras (BIT:SRS) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 03Analysts Just Made A Decent Upgrade To Their Saras S.p.A. (BIT:SRS) ForecastsSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Price Target Changed • Feb 02Price target increased by 13% to €1.85Up from €1.63, the current price target is an average from 5 analysts. New target price is 24% above last closing price of €1.50. Stock is up 180% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.0098 last year.Major Estimate Revision • Feb 01Consensus EPS estimates fall by 20%, revenue upgradedThe consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast increased from €13.4b to €13.6b. EPS estimate fell from €0.733 to €0.585 per share. Net income forecast to shrink 4.2% next year vs 2.5% growth forecast for Oil and Gas industry in Italy . Consensus price target up from €1.80 to €1.85. Share price rose 6.8% to €1.66 over the past week.お知らせ • Jan 31+ 2 more updatesSaras S.p.A. to Report Q1, 2023 Results on May 10, 2023Saras S.p.A. announced that they will report Q1, 2023 results on May 10, 2023Price Target Changed • Jan 30Price target increased by 17% to €1.81Up from €1.55, the current price target is an average from 5 analysts. New target price is 21% above last closing price of €1.50. Stock is up 171% over the past year. The company is forecast to post earnings per share of €0.73 for next year compared to €0.0098 last year.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.49, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.72 per share.分析記事 • Dec 13An Intrinsic Calculation For Saras S.p.A. (BIT:SRS) Suggests It's 39% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Saras S.p.A. ( BIT:SRS...分析記事 • Nov 22Saras (BIT:SRS) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Francesca Luchi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.058 (vs €0.039 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.058 (up from €0.039 loss in 3Q 2021). Revenue: €4.27b (up 104% from 3Q 2021). Net income: €54.8m (up €90.2m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.分析記事 • Oct 20This Just In: Analysts Are Boosting Their Saras S.p.A. (BIT:SRS) Outlook for This YearSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Major Estimate Revision • Oct 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.56 to €0.65. Revenue forecast unchanged at €13.4b. Net income forecast to grow 3.3% next year vs 18% growth forecast for Oil and Gas industry in Italy. Consensus price target of €1.53 unchanged from last update. Share price rose 11% to €1.04 over the past week.分析記事 • Oct 18Saras (BIT:SRS) Is Achieving High Returns On Its CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.27, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total loss to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.96 per share.分析記事 • Aug 18Saras (BIT:SRS) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Major Estimate Revision • Aug 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.65 to €0.44 per share. Revenue forecast steady at €10.6b. Net income forecast to shrink 15% next year vs 32% growth forecast for Oil and Gas industry in Italy . Consensus price target broadly unchanged at €1.58. Share price fell 9.4% to €1.12 over the past week.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.23 (vs €0.025 in 2Q 2021)Second quarter 2022 results: EPS: €0.23 (up from €0.025 in 2Q 2021). Revenue: €4.75b (up 125% from 2Q 2021). Net income: €215.9m (up €191.5m from 2Q 2021). Profit margin: 4.5% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 15% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.27, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.21 per share.Major Estimate Revision • Jul 23Consensus EPS estimates increase by 163%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €10.5b to €10.7b. EPS estimate increased from €0.21 to €0.56 per share. Net income forecast to grow 285% next year vs 56% growth forecast for Oil and Gas industry in Italy. Consensus price target of €1.56 unchanged from last update. Share price rose 5.6% to €1.14 over the past week.Buying Opportunity • Jul 14Now 23% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 30% per annum over the same time period.分析記事 • Jul 12Saras (BIT:SRS) Could Be At Risk Of Shrinking As A CompanyWhat underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.43, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 8.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.52 per share.分析記事 • Jun 24Calculating The Fair Value Of Saras S.p.A. (BIT:SRS)How far off is Saras S.p.A. ( BIT:SRS ) from its intrinsic value? Using the most recent financial data, we'll take a...Major Estimate Revision • May 23Consensus revenue estimates increase by 13%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €9.30b to €10.5b. EPS estimate increased from €0.08 to €0.16 per share. Net income forecast to grow 25% next year vs 25% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €0.86 to €1.53. Share price rose 6.1% to €1.14 over the past week.Buying Opportunity • May 20Now 20% undervaluedOver the last 90 days, the stock is up 104%. The fair value is estimated to be €1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 26% per annum over the same time period.分析記事 • May 19Brokers Are Upgrading Their Views On Saras S.p.A. (BIT:SRS) With These New ForecastsSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Reported Earnings • May 18First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.081 (up from €0.025 loss in 1Q 2021). Revenue: €2.95b (up 83% from 1Q 2021). Net income: €76.6m (up €100.4m from 1Q 2021). Profit margin: 2.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 2.9%, compared to a 21% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • Apr 29Saras (BIT:SRS) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Apr 27Price target increased to €0.86Up from €0.72, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €0.85. Stock is up 46% over the past year. The company is forecast to post earnings per share of €0.078 for next year compared to €0.0098 last year.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Francesca Luchi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €9.79b to €9.30b. EPS estimate of -€0.02 up from expected loss of €0.03 per share previously. Oil and Gas industry in Italy expected to see average net income growth of 45% next year. Consensus price target up from €0.72 to €0.86. Share price rose 11% to €0.86 over the past week.Price Target Changed • Apr 12Price target increased to €0.85Up from €0.72, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €0.82. Stock is up 39% over the past year. The company is forecast to post a net loss per share of €0.025 compared to earnings per share of €0.0099 last year.分析記事 • Mar 24Analysts Are Betting On Saras S.p.A. (BIT:SRS) With A Big Upgrade This WeekSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Major Estimate Revision • Mar 21Consensus revenue estimates increase by 20%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €8.14b to €9.79b. Forecast losses expected to reduce from -€0.03 to -€0.02 per share. Oil and Gas industry in Italy expected to see average net income growth of 32% next year. Consensus price target broadly unchanged at €0.72. Share price fell 4.0% to €0.58 over the past week.Reported Earnings • Mar 15Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.01 (up from €0.29 loss in FY 2020). Revenue: €8.64b (up 64% from FY 2020). Net income: €9.33m (up €284.9m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 5.7% compared to a 37% growth forecast for the oil industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance.Price Target Changed • Feb 04Price target increased to €0.76Up from €0.70, the current price target is an average from 6 analysts. New target price is 32% above last closing price of €0.57. Stock is up 0.6% over the past year. The company is forecast to post a net loss per share of €0.091 next year compared to a net loss per share of €0.29 last year.分析記事 • Feb 03Is Saras S.p.A. (BIT:SRS) Worth €0.5 Based On Its Intrinsic Value?Today we will run through one way of estimating the intrinsic value of Saras S.p.A. ( BIT:SRS ) by taking the forecast...Reported Earnings • Nov 12Third quarter 2021 earnings released: €0.039 loss per share (vs €0.007 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €2.12b (up 82% from 3Q 2020). Net loss: €35.4m (down €41.9m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.分析記事 • Sep 26Is Saras (BIT:SRS) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Major Estimate Revision • Aug 09Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from €6.94b to €6.58b. 2021 losses expected to reduce from -€0.096 to -€0.086 per share. Oil and Gas industry in Italy expected to see average net income growth of 45% next year. Consensus price target down from €0.84 to €0.75. Share price was steady at €0.65 over the past week.Price Target Changed • Aug 04Price target decreased to €0.75Down from €0.84, the current price target is an average from 7 analysts. New target price is 15% above last closing price of €0.66. Stock is up 0.2% over the past year.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS €0.025 (vs €0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.15b (up 145% from 2Q 2020). Net income: €24.4m (up €91.8m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.分析記事 • Jun 07A Look At The Fair Value Of Saras S.p.A. (BIT:SRS)Does the June share price for Saras S.p.A. ( BIT:SRS ) reflect what it's really worth? Today, we will estimate the...Major Estimate Revision • May 27Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €6.42b to €6.70b. Forecast EPS reduced from -€0.092 to -€0.12 per share. Oil and Gas industry in Italy expected to see average net income growth of 13% next year. Consensus price target down from €0.77 to €0.75. Share price rose 2.8% to €0.70 over the past week.分析記事 • May 17Saras (BIT:SRS) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • May 13First quarter 2021 earnings released: €0.025 loss per share (vs €0.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €1.63b (down 11% from 1Q 2020). Net loss: €23.8m (loss narrowed 79% from 1Q 2020). 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.Major Estimate Revision • Apr 07Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €6.56b to €6.69b. Forecast EPS reduced from -€0.025 to -€0.043 per share. Oil and Gas industry in Italy expected to see average net income growth of 4.3% next year. Consensus price target down from €0.77 to €0.73. Share price fell 7.4% to €0.58 over the past week.Reported Earnings • Apr 02Full year 2020 earnings released: €0.29 loss per share (vs €0.028 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €5.18b (down 45% from FY 2019). Net loss: €275.5m (down €301.7m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.業績と収益の成長予測BIT:SRS - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202611,77086150277212/31/202511,722111198331212/31/202411,657172-1717526/30/202411,91030059221N/A3/31/202410,98525218232N/A12/31/202311,42231489313N/A9/30/202312,331343273506N/A6/30/202313,546247284489N/A3/31/202316,346479765896N/A12/31/202215,830417764878N/A9/30/202214,759391782882N/A6/30/202212,583301426518N/A3/31/20229,94811024126N/A12/31/20218,608957157N/A9/30/20217,207-136297N/A6/30/20216,278-94-5866N/A3/31/20215,043-186-12354N/A12/31/20205,263-276-543-291N/A9/30/20206,238-215-427-114N/A6/30/20207,476-178-397-74N/A3/31/20209,167-83-25964N/A12/31/20199,41526105446N/A9/30/20198,45953-119241N/A6/30/20199,4138346406N/A3/31/20199,997114106413N/A12/31/201810,3311408248N/A9/30/201810,93828675259N/A6/30/20189,309268212390N/A3/31/20188,189171N/A293N/A12/31/20177,667241N/A280N/A9/30/20177,733154N/A249N/A6/30/20177,694121N/A115N/A3/31/20177,415289N/A107N/A12/31/20166,827196N/A275N/A9/30/20166,29699N/A550N/A6/30/20166,562123N/A377N/A3/31/20167,524149N/A462N/A12/31/20158,196224N/A272N/A9/30/20158,855142N/A243N/A6/30/20159,35352N/A232N/A3/31/20159,395-136N/A110N/A12/31/201410,168-262N/A148N/A9/30/201410,827-160N/A146N/A6/30/201411,257-153N/A212N/A3/31/201411,258-321N/A231N/A12/31/201311,172-271N/A324N/A9/30/201311,228-319N/A65N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SRSの収益は今後 3 年間で減少すると予測されています (年間-43.5% )。収益対市場: SRSの収益は今後 3 年間で減少すると予測されています (年間-43.5% )。高成長収益: SRSの収益は今後 3 年間で減少すると予測されています。収益対市場: SRSの収益は今後 3 年間で減少すると予想されています (年間-0.7% )。高い収益成長: SRSの収益は今後 3 年間で減少すると予測されています (年間-0.7% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SRSの 自己資本利益率 は、3年後には低くなると予測されています ( 6.7 %)。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/09/11 02:39終値2024/09/11 00:00収益2024/06/30年間収益2023/12/31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Saras S.p.A. 2 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。14 アナリスト機関Lucy HaskinsBarclaysJeremy AstonBNP ParibasAlexandre MarieBNP Paribas11 その他のアナリストを表示
Price Target Changed • Feb 23Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.72. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.
Price Target Changed • Feb 13Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.73. Stock is up 15% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.
Major Estimate Revision • Jan 29Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.315 to €0.27 per share. Revenue forecast steady at €11.3b. Net income forecast to shrink 53% next year vs 1.1% growth forecast for Oil and Gas industry in Italy . Consensus price target up from €1.54 to €1.60. Share price fell 5.5% to €1.65 over the past week.
Major Estimate Revision • Oct 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.29 to €0.322. Revenue forecast unchanged at €11.0b. Net income forecast to shrink 21% next year vs 3.7% growth forecast for Oil and Gas industry in Italy . Consensus price target broadly unchanged at €1.54. Share price rose 2.4% to €1.31 over the past week.
Major Estimate Revision • Aug 07Consensus revenue estimates decrease by 16%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €13.0b to €11.0b. EPS estimate increased from €0.263 to €0.27 per share. Net income forecast to shrink 28% next year vs 3.2% decline forecast for Oil and Gas industry in Italy. Consensus price target broadly unchanged at €1.47. Share price fell 6.4% to €1.22 over the past week.
Price Target Changed • Jul 21Price target decreased by 16% to €1.48Down from €1.75, the current price target is an average from 5 analysts. New target price is 16% above last closing price of €1.28. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.44 last year.
お知らせ • Sep 11Saras S.p.A.(BIT:SRS) dropped from Euronext 150 IndexSaras S.p.A. has been dropped from the Euronext 150 Index.
お知らせ • Sep 05Saras to Delist on September 11Varas said on September 3, 2024 it held 95.285% of Saras' share (Saras S.p.A.) Capital at end of reopening of terms of tender offer. Joint procedure on residual shares, delisting of Saras, to take place on September 11.
お知らせ • Aug 22Saras S.p.A.(BIT:SRS) dropped from S&P Global BMI IndexSaras S.p.A.(BIT:SRS) dropped from S&P Global BMI Index
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: €0.033 (vs €0.018 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.033 (up from €0.018 loss in 2Q 2023). Revenue: €2.88b (up 48% from 2Q 2023). Net income: €31.3m (up €48.1m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 11Now 20% overvaluedOver the last 90 days, the stock has fallen 10.0% to €1.62. The fair value is estimated to be €1.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are forecast to decline by 37% per annum over the same time period.
Upcoming Dividend • May 13Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (5.9%).
分析記事 • Apr 23Saras (BIT:SRS) Will Pay A Smaller Dividend Than Last YearSaras S.p.A. ( BIT:SRS ) has announced that on 22nd of May, it will be paying a dividend of€0.15, which a reduction...
分析記事 • Mar 25Saras (BIT:SRS) Has Announced That Its Dividend Will Be Reduced To €0.15Saras S.p.A. ( BIT:SRS ) has announced that on 22nd of May, it will be paying a dividend of€0.15, which a reduction...
Declared Dividend • Mar 25Dividend reduced to €0.15Dividend of €0.15 is 21% lower than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.5%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 89% over the next 3 years. Since a fall of 50% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
分析記事 • Mar 23Weak Statutory Earnings May Not Tell The Whole Story For Saras (BIT:SRS)Saras S.p.A.'s ( BIT:SRS ) recent weak earnings report didn't cause a big stock movement. We think that investors are...
Reported Earnings • Mar 17Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €0.33 (down from €0.44 in FY 2022). Revenue: €11.4b (down 28% from FY 2022). Net income: €313.9m (down 25% from FY 2022). Profit margin: 2.7% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is expected to fall by 2.3% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 23Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.72. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.
Price Target Changed • Feb 13Price target increased by 7.8% to €1.73Up from €1.60, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €1.73. Stock is up 15% over the past year. The company is forecast to post earnings per share of €0.27 for next year compared to €0.44 last year.
分析記事 • Feb 13Saras (BIT:SRS) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.80, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 248% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.63 per share.
Major Estimate Revision • Jan 29Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.315 to €0.27 per share. Revenue forecast steady at €11.3b. Net income forecast to shrink 53% next year vs 1.1% growth forecast for Oil and Gas industry in Italy . Consensus price target up from €1.54 to €1.60. Share price fell 5.5% to €1.65 over the past week.
分析記事 • Jan 29Estimating The Fair Value Of Saras S.p.A. (BIT:SRS)Key Insights The projected fair value for Saras is €1.80 based on 2 Stage Free Cash Flow to Equity Current share price...
Buy Or Sell Opportunity • Jan 24Now 22% undervaluedOver the last 90 days, the stock has risen 31% to €1.70. The fair value is estimated to be €2.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 3.9% per annum. Earnings are also forecast to decline by 50% per annum over the same time period.
Buying Opportunity • Nov 09Now 20% undervaluedOver the last 90 days, the stock is up 6.8%. The fair value is estimated to be €1.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.4% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: €0.16 (vs €0.058 in 3Q 2022)Third quarter 2023 results: EPS: €0.16 (up from €0.058 in 3Q 2022). Revenue: €3.06b (down 28% from 3Q 2022). Net income: €151.2m (up 176% from 3Q 2022). Profit margin: 4.9% (up from 1.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 03Is Saras (BIT:SRS) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Buying Opportunity • Oct 24Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be €1.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 6.9% per annum. Earnings is also forecast to decline by 40% per annum over the same time period.
分析記事 • Oct 19Saras' (BIT:SRS) Returns Have Hit A WallIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Major Estimate Revision • Oct 16Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.29 to €0.322. Revenue forecast unchanged at €11.0b. Net income forecast to shrink 21% next year vs 3.7% growth forecast for Oil and Gas industry in Italy . Consensus price target broadly unchanged at €1.54. Share price rose 2.4% to €1.31 over the past week.
分析記事 • Oct 02Saras S.p.A. (BIT:SRS) Shares Could Be 33% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Saras is €2.01 based on 2 Stage Free Cash Flow to Equity Current share price...
分析記事 • Aug 10Saras S.p.A. (BIT:SRS) Analysts Just Slashed This Year's Revenue Estimates By 16%The analysts covering Saras S.p.A. ( BIT:SRS ) delivered a dose of negativity to shareholders today, by making a...
Major Estimate Revision • Aug 07Consensus revenue estimates decrease by 16%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €13.0b to €11.0b. EPS estimate increased from €0.263 to €0.27 per share. Net income forecast to shrink 28% next year vs 3.2% decline forecast for Oil and Gas industry in Italy. Consensus price target broadly unchanged at €1.47. Share price fell 6.4% to €1.22 over the past week.
分析記事 • Aug 04These 4 Measures Indicate That Saras (BIT:SRS) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 02Second quarter 2023 earnings released: €0.018 loss per share (vs €0.23 profit in 2Q 2022)Second quarter 2023 results: €0.018 loss per share (down from €0.23 profit in 2Q 2022). Revenue: €1.95b (down 59% from 2Q 2022). Net loss: €16.8m (down 108% from profit in 2Q 2022). Revenue is expected to fall by 6.9% p.a. on average during the next 3 years compared to a 5.8% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 21Price target decreased by 16% to €1.48Down from €1.75, the current price target is an average from 5 analysts. New target price is 16% above last closing price of €1.28. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.44 last year.
分析記事 • Jul 20Analyst Forecasts Just Became More Bearish On Saras S.p.A. (BIT:SRS)The analysts covering Saras S.p.A. ( BIT:SRS ) delivered a dose of negativity to shareholders today, by making a...
Major Estimate Revision • Jul 19Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €14.7b to €12.9b. EPS estimate unchanged from €0.29 per share at last update. Oil and Gas industry in Italy expected to see average net income decline 5.0% next year. Consensus price target of €1.69 unchanged from last update. Share price was steady at €1.26 over the past week.
分析記事 • Jun 08Saras (BIT:SRS) Could Become A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Upcoming Dividend • May 15Upcoming dividend of €0.19 per share at 15% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Trailing yield: 15%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (8.9%).
Reported Earnings • May 12First quarter 2023 earnings released: EPS: €0.15 (vs €0.081 in 1Q 2022)First quarter 2023 results: EPS: €0.15 (up from €0.081 in 1Q 2022). Revenue: €3.47b (up 18% from 1Q 2022). Net income: €139.1m (up 82% from 1Q 2022). Profit margin: 4.0% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.0% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
分析記事 • May 12News Flash: Analysts Just Made A Meaningful Upgrade To Their Saras S.p.A. (BIT:SRS) ForecastsShareholders in Saras S.p.A. ( BIT:SRS ) may be thrilled to learn that the analysts have just delivered a major upgrade...
分析記事 • Apr 06Should You Be Adding Saras (BIT:SRS) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
分析記事 • Mar 17Analysts Are Betting On Saras S.p.A. (BIT:SRS) With A Big Upgrade This WeekSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Major Estimate Revision • Mar 16Consensus revenue estimates increase by 12%The consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast increased from €14.1b to €15.8b. EPS estimate unchanged from €0.66 at last update. Oil and Gas industry in Italy expected to see average net income decline 3.6% next year. Consensus price target of €1.88 unchanged from last update. Share price fell 5.3% to €1.35 over the past week.
分析記事 • Feb 24Is Saras (BIT:SRS) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 03Analysts Just Made A Decent Upgrade To Their Saras S.p.A. (BIT:SRS) ForecastsSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Price Target Changed • Feb 02Price target increased by 13% to €1.85Up from €1.63, the current price target is an average from 5 analysts. New target price is 24% above last closing price of €1.50. Stock is up 180% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.0098 last year.
Major Estimate Revision • Feb 01Consensus EPS estimates fall by 20%, revenue upgradedThe consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast increased from €13.4b to €13.6b. EPS estimate fell from €0.733 to €0.585 per share. Net income forecast to shrink 4.2% next year vs 2.5% growth forecast for Oil and Gas industry in Italy . Consensus price target up from €1.80 to €1.85. Share price rose 6.8% to €1.66 over the past week.
お知らせ • Jan 31+ 2 more updatesSaras S.p.A. to Report Q1, 2023 Results on May 10, 2023Saras S.p.A. announced that they will report Q1, 2023 results on May 10, 2023
Price Target Changed • Jan 30Price target increased by 17% to €1.81Up from €1.55, the current price target is an average from 5 analysts. New target price is 21% above last closing price of €1.50. Stock is up 171% over the past year. The company is forecast to post earnings per share of €0.73 for next year compared to €0.0098 last year.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.49, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.72 per share.
分析記事 • Dec 13An Intrinsic Calculation For Saras S.p.A. (BIT:SRS) Suggests It's 39% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Saras S.p.A. ( BIT:SRS...
分析記事 • Nov 22Saras (BIT:SRS) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Francesca Luchi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.058 (vs €0.039 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.058 (up from €0.039 loss in 3Q 2021). Revenue: €4.27b (up 104% from 3Q 2021). Net income: €54.8m (up €90.2m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
分析記事 • Oct 20This Just In: Analysts Are Boosting Their Saras S.p.A. (BIT:SRS) Outlook for This YearSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Major Estimate Revision • Oct 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.56 to €0.65. Revenue forecast unchanged at €13.4b. Net income forecast to grow 3.3% next year vs 18% growth forecast for Oil and Gas industry in Italy. Consensus price target of €1.53 unchanged from last update. Share price rose 11% to €1.04 over the past week.
分析記事 • Oct 18Saras (BIT:SRS) Is Achieving High Returns On Its CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.27, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total loss to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.96 per share.
分析記事 • Aug 18Saras (BIT:SRS) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Major Estimate Revision • Aug 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.65 to €0.44 per share. Revenue forecast steady at €10.6b. Net income forecast to shrink 15% next year vs 32% growth forecast for Oil and Gas industry in Italy . Consensus price target broadly unchanged at €1.58. Share price fell 9.4% to €1.12 over the past week.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.23 (vs €0.025 in 2Q 2021)Second quarter 2022 results: EPS: €0.23 (up from €0.025 in 2Q 2021). Revenue: €4.75b (up 125% from 2Q 2021). Net income: €215.9m (up €191.5m from 2Q 2021). Profit margin: 4.5% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 15% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.27, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.21 per share.
Major Estimate Revision • Jul 23Consensus EPS estimates increase by 163%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €10.5b to €10.7b. EPS estimate increased from €0.21 to €0.56 per share. Net income forecast to grow 285% next year vs 56% growth forecast for Oil and Gas industry in Italy. Consensus price target of €1.56 unchanged from last update. Share price rose 5.6% to €1.14 over the past week.
Buying Opportunity • Jul 14Now 23% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 30% per annum over the same time period.
分析記事 • Jul 12Saras (BIT:SRS) Could Be At Risk Of Shrinking As A CompanyWhat underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.43, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 8.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.52 per share.
分析記事 • Jun 24Calculating The Fair Value Of Saras S.p.A. (BIT:SRS)How far off is Saras S.p.A. ( BIT:SRS ) from its intrinsic value? Using the most recent financial data, we'll take a...
Major Estimate Revision • May 23Consensus revenue estimates increase by 13%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €9.30b to €10.5b. EPS estimate increased from €0.08 to €0.16 per share. Net income forecast to grow 25% next year vs 25% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €0.86 to €1.53. Share price rose 6.1% to €1.14 over the past week.
Buying Opportunity • May 20Now 20% undervaluedOver the last 90 days, the stock is up 104%. The fair value is estimated to be €1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 26% per annum over the same time period.
分析記事 • May 19Brokers Are Upgrading Their Views On Saras S.p.A. (BIT:SRS) With These New ForecastsSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Reported Earnings • May 18First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.081 (up from €0.025 loss in 1Q 2021). Revenue: €2.95b (up 83% from 1Q 2021). Net income: €76.6m (up €100.4m from 1Q 2021). Profit margin: 2.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 2.9%, compared to a 21% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 29Saras (BIT:SRS) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Apr 27Price target increased to €0.86Up from €0.72, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €0.85. Stock is up 46% over the past year. The company is forecast to post earnings per share of €0.078 for next year compared to €0.0098 last year.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Francesca Luchi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €9.79b to €9.30b. EPS estimate of -€0.02 up from expected loss of €0.03 per share previously. Oil and Gas industry in Italy expected to see average net income growth of 45% next year. Consensus price target up from €0.72 to €0.86. Share price rose 11% to €0.86 over the past week.
Price Target Changed • Apr 12Price target increased to €0.85Up from €0.72, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €0.82. Stock is up 39% over the past year. The company is forecast to post a net loss per share of €0.025 compared to earnings per share of €0.0099 last year.
分析記事 • Mar 24Analysts Are Betting On Saras S.p.A. (BIT:SRS) With A Big Upgrade This WeekSaras S.p.A. ( BIT:SRS ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Major Estimate Revision • Mar 21Consensus revenue estimates increase by 20%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €8.14b to €9.79b. Forecast losses expected to reduce from -€0.03 to -€0.02 per share. Oil and Gas industry in Italy expected to see average net income growth of 32% next year. Consensus price target broadly unchanged at €0.72. Share price fell 4.0% to €0.58 over the past week.
Reported Earnings • Mar 15Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.01 (up from €0.29 loss in FY 2020). Revenue: €8.64b (up 64% from FY 2020). Net income: €9.33m (up €284.9m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 5.7% compared to a 37% growth forecast for the oil industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance.
Price Target Changed • Feb 04Price target increased to €0.76Up from €0.70, the current price target is an average from 6 analysts. New target price is 32% above last closing price of €0.57. Stock is up 0.6% over the past year. The company is forecast to post a net loss per share of €0.091 next year compared to a net loss per share of €0.29 last year.
分析記事 • Feb 03Is Saras S.p.A. (BIT:SRS) Worth €0.5 Based On Its Intrinsic Value?Today we will run through one way of estimating the intrinsic value of Saras S.p.A. ( BIT:SRS ) by taking the forecast...
Reported Earnings • Nov 12Third quarter 2021 earnings released: €0.039 loss per share (vs €0.007 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €2.12b (up 82% from 3Q 2020). Net loss: €35.4m (down €41.9m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
分析記事 • Sep 26Is Saras (BIT:SRS) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Major Estimate Revision • Aug 09Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from €6.94b to €6.58b. 2021 losses expected to reduce from -€0.096 to -€0.086 per share. Oil and Gas industry in Italy expected to see average net income growth of 45% next year. Consensus price target down from €0.84 to €0.75. Share price was steady at €0.65 over the past week.
Price Target Changed • Aug 04Price target decreased to €0.75Down from €0.84, the current price target is an average from 7 analysts. New target price is 15% above last closing price of €0.66. Stock is up 0.2% over the past year.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS €0.025 (vs €0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.15b (up 145% from 2Q 2020). Net income: €24.4m (up €91.8m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
分析記事 • Jun 07A Look At The Fair Value Of Saras S.p.A. (BIT:SRS)Does the June share price for Saras S.p.A. ( BIT:SRS ) reflect what it's really worth? Today, we will estimate the...
Major Estimate Revision • May 27Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €6.42b to €6.70b. Forecast EPS reduced from -€0.092 to -€0.12 per share. Oil and Gas industry in Italy expected to see average net income growth of 13% next year. Consensus price target down from €0.77 to €0.75. Share price rose 2.8% to €0.70 over the past week.
分析記事 • May 17Saras (BIT:SRS) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • May 13First quarter 2021 earnings released: €0.025 loss per share (vs €0.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €1.63b (down 11% from 1Q 2020). Net loss: €23.8m (loss narrowed 79% from 1Q 2020). 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.
Major Estimate Revision • Apr 07Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €6.56b to €6.69b. Forecast EPS reduced from -€0.025 to -€0.043 per share. Oil and Gas industry in Italy expected to see average net income growth of 4.3% next year. Consensus price target down from €0.77 to €0.73. Share price fell 7.4% to €0.58 over the past week.
Reported Earnings • Apr 02Full year 2020 earnings released: €0.29 loss per share (vs €0.028 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €5.18b (down 45% from FY 2019). Net loss: €275.5m (down €301.7m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.