お知らせ • Jan 30
Comvex S.A., Annual General Meeting, Apr 29, 2026 Comvex S.A., Annual General Meeting, Apr 29, 2026. New Risk • Jan 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Romanian 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 Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 21x cash flows per share). Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to RON55.60, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total loss to shareholders of 24% over the past year. New Risk • Nov 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Romanian stocks, typically moving 8.0% 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: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 18x cash flows per share). Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to RON74.60, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total loss to shareholders of 9.6% over the past year. Upcoming Dividend • Nov 11
Upcoming dividend of RON2.02 per share Eligible shareholders must have bought the stock before 18 November 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Romanian dividend payers (6.4%). Higher than average of industry peers (3.7%). お知らせ • Oct 03
Comvex S.A. announces Annual dividend, payable on December 05, 2025 Comvex S.A. announced Annual dividend of RON 2.0150 per share payable on December 05, 2025, ex-date on November 18, 2025 and record date on November 19, 2025. Upcoming Dividend • May 12
Upcoming dividend of RON3.40 per share Eligible shareholders must have bought the stock before 19 May 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of Romanian dividend payers (7.0%). Higher than average of industry peers (3.7%). Reported Earnings • May 02
Full year 2024 earnings released Full year 2024 results: Revenue: RON292.8m (down 35% from FY 2023). Net income: RON78.8m (down 59% from FY 2023). Profit margin: 27% (down from 42% in FY 2023). The decrease in margin was driven by lower revenue. New Risk • Mar 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. お知らせ • Mar 28
Comvex S.A. announces Annual dividend, payable on June 10, 2025 Comvex S.A. announced Annual dividend of RON 3.4000 per share payable on June 10, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. New Risk • Mar 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Romanian stocks, typically moving 5.8% 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: Minor Risks Dividend is not well covered by earnings (96% payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). お知らせ • Jan 30
Comvex S.A., Annual General Meeting, Apr 29, 2025 Comvex S.A., Annual General Meeting, Apr 29, 2025. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to RON94.50, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 15x in the Infrastructure industry in Europe. New Risk • Sep 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Romanian stocks, typically moving 5.9% 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: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (5.9% average weekly change). Upcoming Dividend • May 27
Upcoming dividend of RON10.72 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 66% and the cash payout ratio is 84%. Trailing yield: 9.8%. Within top quartile of Romanian dividend payers (6.8%). Higher than average of industry peers (3.8%). Reported Earnings • Apr 25
Full year 2023 earnings released Full year 2023 results: Revenue: RON447.8m (up 17% from FY 2022). Net income: RON189.7m (up 82% from FY 2022). Profit margin: 42% (up from 27% in FY 2022). The increase in margin was primarily driven by higher revenue. New Risk • Apr 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Short dividend paying track record (1 year of continuous dividend payments). Board Change • Mar 14
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.