View Future GrowthSOCEP 過去の業績過去 基準チェック /16SOCEPは、平均年間39%の収益成長を遂げていますが、 Infrastructure業界の収益は、年間 成長しています。収益は、平均年間24.4% 23.9%収益成長率で 成長しています。 SOCEPの自己資本利益率は16.7%であり、純利益率は33.5%です。主要情報39.01%収益成長率24.64%EPS成長率Infrastructure 業界の成長6.15%収益成長率23.94%株主資本利益率16.70%ネット・マージン33.47%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 30Full year 2025 earnings releasedFull year 2025 results: Revenue: RON223.4m (up 8.9% from FY 2024). Net income: RON71.7m (down 20% from FY 2024). Profit margin: 32% (down from 44% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.分析記事 • Nov 24We Think That There Are More Issues For SOCEP (BVB:SOCP) Than Just Sluggish EarningsSOCEP S.A.'s ( BVB:SOCP ) recent weak earnings report didn't cause a big stock movement. We think that investors are...Reported Earnings • Nov 19Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: RON74.9m (up 13% from 3Q 2024). Net income: RON32.8m (down 18% from 3Q 2024). Profit margin: 44% (down from 60% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: RON46.7m (up 3.1% from 2Q 2024). Net income: RON8.28m (down 48% from 2Q 2024). Profit margin: 18% (down from 35% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 24SOCEP's (BVB:SOCP) Weak Earnings May Only Reveal A Part Of The Whole PictureThe market rallied behind SOCEP S.A.'s ( BVB:SOCP ) stock, leading do a rise in the share price after its recent weak...Reported Earnings • May 03Full year 2024 earnings released: EPS: RON0.14 (vs RON0.15 in FY 2023)Full year 2024 results: EPS: RON0.14 (down from RON0.15 in FY 2023). Revenue: RON205.2m (flat on FY 2023). Net income: RON90.6m (down 8.7% from FY 2023). Profit margin: 44% (down from 49% in FY 2023). Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.すべての更新を表示Recent updatesお知らせ • Apr 30SOCEP S.A. announces Annual dividend, payable on July 01, 2026SOCEP S.A. announced Annual dividend of RON 0.0547 per share payable on July 01, 2026, ex-date on June 11, 2026 and record date on June 12, 2026.Reported Earnings • Mar 30Full year 2025 earnings releasedFull year 2025 results: Revenue: RON223.4m (up 8.9% from FY 2024). Net income: RON71.7m (down 20% from FY 2024). Profit margin: 32% (down from 44% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Mar 24SOCEP S.A., Annual General Meeting, Apr 29, 2026SOCEP S.A., Annual General Meeting, Apr 29, 2026, at 11:00 E. Europe Standard Time. Location: at the company`s headquarters, constanta municipality, port nou precinct, dana 34, constanta county, protocol room, 1st floor., RomaniaValuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to RON1.60, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total returns to shareholders of 286% over the past three years.Upcoming Dividend • Feb 19Upcoming dividend of RON0.11 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 18 March 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 5.8%. Lower than top quartile of Romanian dividend payers (6.2%). Higher than average of industry peers (3.2%).分析記事 • Jan 16SOCEP S.A.'s (BVB:SOCP) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-earnings (or "P/E") ratio of close to 16x in Romania, you could be forgiven for feeling...分析記事 • Nov 24We Think That There Are More Issues For SOCEP (BVB:SOCP) Than Just Sluggish EarningsSOCEP S.A.'s ( BVB:SOCP ) recent weak earnings report didn't cause a big stock movement. We think that investors are...Reported Earnings • Nov 19Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: RON74.9m (up 13% from 3Q 2024). Net income: RON32.8m (down 18% from 3Q 2024). Profit margin: 44% (down from 60% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 22SOCEP S.A. announces Annual dividend, payable on March 18, 2026SOCEP S.A. announced Annual dividend of RON 0.0391 per share payable on March 18, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.Reported Earnings • Aug 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: RON46.7m (up 3.1% from 2Q 2024). Net income: RON8.28m (down 48% from 2Q 2024). Profit margin: 18% (down from 35% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 26Upcoming dividend of RON0.023 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Romanian dividend payers (6.3%). Higher than average of industry peers (3.5%).Upcoming Dividend • Aug 11Upcoming dividend of RON0.023 per shareEligible shareholders must have bought the stock before 18 August 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Romanian dividend payers (6.3%). Higher than average of industry peers (3.6%).分析記事 • May 24SOCEP's (BVB:SOCP) Weak Earnings May Only Reveal A Part Of The Whole PictureThe market rallied behind SOCEP S.A.'s ( BVB:SOCP ) stock, leading do a rise in the share price after its recent weak...Reported Earnings • May 03Full year 2024 earnings released: EPS: RON0.14 (vs RON0.15 in FY 2023)Full year 2024 results: EPS: RON0.14 (down from RON0.15 in FY 2023). Revenue: RON205.2m (flat on FY 2023). Net income: RON90.6m (down 8.7% from FY 2023). Profit margin: 44% (down from 49% in FY 2023). Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.お知らせ • Mar 26SOCEP S.A., Annual General Meeting, Apr 28, 2025SOCEP S.A., Annual General Meeting, Apr 28, 2025, at 11:00 E. Europe Standard Time. Location: at the company`s headquarters, in the municipality of constanta, incinta port nou, dana 34, constanta county, protocol room, floor 1, RomaniaReported Earnings • Mar 06Full year 2024 earnings released: EPS: RON0.14 (vs RON0.15 in FY 2023)Full year 2024 results: EPS: RON0.14 (down from RON0.15 in FY 2023). Revenue: RON222.0m (up 8.9% from FY 2023). Net income: RON90.6m (down 8.7% from FY 2023). Profit margin: 41% (down from 49% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jan 02Upcoming dividend of RON0.087 per shareEligible shareholders must have bought the stock before 09 January 2025. Payment date: 21 January 2025. Trailing yield: 4.3%. Lower than top quartile of Romanian dividend payers (7.5%). Higher than average of industry peers (3.7%).分析記事 • Nov 22SOCEP (BVB:SOCP) Is Posting Healthy Earnings, But It Is Not All Good NewsSOCEP S.A.'s ( BVB:SOCP ) stock rose after it released a robust earnings report. However, we think that shareholders...New Risk • Nov 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (32% accrual ratio). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Sep 05Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: RON45.6m (up 10% from 2Q 2023). Net income: RON16.0m (down 10.0% from 2Q 2023). Profit margin: 35% (down from 43% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RON1.94, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the Infrastructure industry in Europe. Total returns to shareholders of 801% over the past three years.分析記事 • May 22SOCEP's (BVB:SOCP) Promising Earnings May Rest On Soft FoundationsDespite posting some strong earnings, the market for SOCEP S.A.'s ( BVB:SOCP ) stock hasn't moved much. We did some...Reported Earnings • May 19First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: RON48.4m (up 5.2% from 1Q 2023). Net income: RON17.4m (up 4.3% from 1Q 2023). Profit margin: 36% (in line with 1Q 2023).Buy Or Sell Opportunity • May 19Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to RON1.72. The fair value is estimated to be RON1.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only.New Risk • May 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 85% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Mar 27Is SOCEP (BVB:SOCP) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 06Full year 2023 earnings released: EPS: RON0.12 (vs RON0.12 in FY 2022)Full year 2023 results: EPS: RON0.12 (up from RON0.12 in FY 2022). Revenue: RON142.7m (up 2.2% from FY 2022). Net income: RON42.6m (up 3.5% from FY 2022). Profit margin: 30% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 69% per year whereas the company’s share price has increased by 71% per year.New Risk • Jan 17New 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 Romanian stocks, typically moving 8.1% 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 (8.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Jan 13There's Been No Shortage Of Growth Recently For SOCEP's (BVB:SOCP) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to RON2.66, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 18x in the Infrastructure industry in Europe. Total returns to shareholders of 1,075% over the past three years.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: RON57.4m (up 45% from 3Q 2022). Net income: RON15.6m (up 16% from 3Q 2022). Profit margin: 27% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses.Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: RON41.9m (up 18% from 2Q 2022). Net income: RON17.8m (up 67% from 2Q 2022). Profit margin: 43% (up from 30% in 2Q 2022). The increase in margin was primarily driven by higher revenue.分析記事 • Aug 14SOCEP (BVB:SOCP) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to RON2.48, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total returns to shareholders of 551% over the past three years.分析記事 • Jul 26Here's Why SOCEP (BVB:SOCP) Has Caught The Eye Of InvestorsInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 30%After last week's 30% share price gain to RON1.61, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Total returns to shareholders of 347% over the past three years.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to RON1.07, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Total returns to shareholders of 183% over the past three years.Reported Earnings • Dec 10Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: RON40.3m (up 60% from 3Q 2021). Net income: RON13.4m (up 46% from 3Q 2021). Profit margin: 33% (down from 37% in 3Q 2021). The decrease in margin was driven by higher expenses.分析記事 • Nov 18The Return Trends At SOCEP (BVB:SOCP) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Jul 25Returns On Capital At SOCEP (BVB:SOCP) Have StalledDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Reported Earnings • May 05Full year 2021 earnings releasedFull year 2021 results: Revenue: RON82.8m (up 23% from FY 2020). Net income: RON11.4m (up 109% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was driven by higher revenue.分析記事 • Feb 23Here's What's Concerning About SOCEP's (BVB:SOCP) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RON25.5m (up 54% from 3Q 2020). Net income: RON9.24m (up RON8.28m from 3Q 2020). Profit margin: 36% (up from 5.8% in 3Q 2020). 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.Upcoming Dividend • Sep 28Upcoming dividend of RON0.014 per shareEligible shareholders must have bought the stock before 05 October 2021. Payment date: 15 October 2021. Trailing yield: 2.8%. Lower than top quartile of Romanian dividend payers (5.7%). Higher than average of industry peers (1.6%).分析記事 • Sep 15The Returns On Capital At SOCEP (BVB:SOCP) Don't Inspire ConfidenceFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Sep 05First half 2021 earnings released: EPS RON0.002 (vs RON0.01 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: RON35.8m (up 5.8% from 1H 2020). Net income: RON569.9k (down 84% from 1H 2020). Profit margin: 1.6% (down from 11% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.分析記事 • May 27Is SOCEP (BVB:SOCP) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Apr 22Returns At SOCEP (BVB:SOCP) Appear To Be Weighed DownIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Dec 29Should We Be Excited About The Trends Of Returns At SOCEP (BVB:SOCP)?What are the early trends we should look for to identify a stock that could multiply in value over the long term...Upcoming Dividend • Nov 09Upcoming Dividend of RON0.013 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 16th of November. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 7.0%.収支内訳SOCEP の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BVB:SOCP 収益、費用、利益 ( )RON Millions日付収益収益G+A経費研究開発費31 Dec 252147218030 Sep 252127418030 Jun 252118317031 Mar 252109017031 Dec 242058817030 Sep 2422112423030 Jun 242109824031 Mar 2420610026031 Dec 232049927030 Sep 231816221030 Jun 231656019031 Mar 231595319031 Dec 221404117030 Sep 221213119030 Jun 221072719031 Mar 22911917031 Dec 21811117030 Sep 21761014030 Jun 2169212031 Mar 2166211031 Dec 2067510030 Sep 207218030 Jun 2074-57031 Mar 207638031 Dec 1977119030 Sep 19762012030 Jun 19752814031 Mar 19752214031 Dec 18751714030 Sep 18711415030 Jun 18681215031 Mar 1865915031 Dec 1763616030 Sep 1763616030 Jun 1763616031 Mar 1764915031 Dec 16651214030 Sep 16671414030 Jun 16691514031 Mar 16661313031 Dec 15631213030 Sep 156087030 Jun 15598140質の高い収益: SOCP 非現金収入 のレベルが高いです。利益率の向上: SOCPの現在の純利益率 (33.5%)は、昨年(42.9%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SOCPの収益は過去 5 年間で年間39%増加しました。成長の加速: SOCPは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: SOCPは過去 1 年間で収益成長率がマイナス ( -18.4% ) となったため、 Infrastructure業界平均 ( -2.6% ) と比較することが困難です。株主資本利益率高いROE: SOCPの 自己資本利益率 ( 16.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTransportation 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 15:58終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SOCEP S.A. 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。1 アナリスト機関Simona CrutuEurobank Equities Investment Firm S.A.
Reported Earnings • Mar 30Full year 2025 earnings releasedFull year 2025 results: Revenue: RON223.4m (up 8.9% from FY 2024). Net income: RON71.7m (down 20% from FY 2024). Profit margin: 32% (down from 44% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
分析記事 • Nov 24We Think That There Are More Issues For SOCEP (BVB:SOCP) Than Just Sluggish EarningsSOCEP S.A.'s ( BVB:SOCP ) recent weak earnings report didn't cause a big stock movement. We think that investors are...
Reported Earnings • Nov 19Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: RON74.9m (up 13% from 3Q 2024). Net income: RON32.8m (down 18% from 3Q 2024). Profit margin: 44% (down from 60% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: RON46.7m (up 3.1% from 2Q 2024). Net income: RON8.28m (down 48% from 2Q 2024). Profit margin: 18% (down from 35% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 24SOCEP's (BVB:SOCP) Weak Earnings May Only Reveal A Part Of The Whole PictureThe market rallied behind SOCEP S.A.'s ( BVB:SOCP ) stock, leading do a rise in the share price after its recent weak...
Reported Earnings • May 03Full year 2024 earnings released: EPS: RON0.14 (vs RON0.15 in FY 2023)Full year 2024 results: EPS: RON0.14 (down from RON0.15 in FY 2023). Revenue: RON205.2m (flat on FY 2023). Net income: RON90.6m (down 8.7% from FY 2023). Profit margin: 44% (down from 49% in FY 2023). Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.
お知らせ • Apr 30SOCEP S.A. announces Annual dividend, payable on July 01, 2026SOCEP S.A. announced Annual dividend of RON 0.0547 per share payable on July 01, 2026, ex-date on June 11, 2026 and record date on June 12, 2026.
Reported Earnings • Mar 30Full year 2025 earnings releasedFull year 2025 results: Revenue: RON223.4m (up 8.9% from FY 2024). Net income: RON71.7m (down 20% from FY 2024). Profit margin: 32% (down from 44% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Mar 24SOCEP S.A., Annual General Meeting, Apr 29, 2026SOCEP S.A., Annual General Meeting, Apr 29, 2026, at 11:00 E. Europe Standard Time. Location: at the company`s headquarters, constanta municipality, port nou precinct, dana 34, constanta county, protocol room, 1st floor., Romania
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to RON1.60, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total returns to shareholders of 286% over the past three years.
Upcoming Dividend • Feb 19Upcoming dividend of RON0.11 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 18 March 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 5.8%. Lower than top quartile of Romanian dividend payers (6.2%). Higher than average of industry peers (3.2%).
分析記事 • Jan 16SOCEP S.A.'s (BVB:SOCP) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-earnings (or "P/E") ratio of close to 16x in Romania, you could be forgiven for feeling...
分析記事 • Nov 24We Think That There Are More Issues For SOCEP (BVB:SOCP) Than Just Sluggish EarningsSOCEP S.A.'s ( BVB:SOCP ) recent weak earnings report didn't cause a big stock movement. We think that investors are...
Reported Earnings • Nov 19Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: RON74.9m (up 13% from 3Q 2024). Net income: RON32.8m (down 18% from 3Q 2024). Profit margin: 44% (down from 60% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 22SOCEP S.A. announces Annual dividend, payable on March 18, 2026SOCEP S.A. announced Annual dividend of RON 0.0391 per share payable on March 18, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.
Reported Earnings • Aug 31Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: RON46.7m (up 3.1% from 2Q 2024). Net income: RON8.28m (down 48% from 2Q 2024). Profit margin: 18% (down from 35% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 26Upcoming dividend of RON0.023 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Romanian dividend payers (6.3%). Higher than average of industry peers (3.5%).
Upcoming Dividend • Aug 11Upcoming dividend of RON0.023 per shareEligible shareholders must have bought the stock before 18 August 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Romanian dividend payers (6.3%). Higher than average of industry peers (3.6%).
分析記事 • May 24SOCEP's (BVB:SOCP) Weak Earnings May Only Reveal A Part Of The Whole PictureThe market rallied behind SOCEP S.A.'s ( BVB:SOCP ) stock, leading do a rise in the share price after its recent weak...
Reported Earnings • May 03Full year 2024 earnings released: EPS: RON0.14 (vs RON0.15 in FY 2023)Full year 2024 results: EPS: RON0.14 (down from RON0.15 in FY 2023). Revenue: RON205.2m (flat on FY 2023). Net income: RON90.6m (down 8.7% from FY 2023). Profit margin: 44% (down from 49% in FY 2023). Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 37% per year.
お知らせ • Mar 26SOCEP S.A., Annual General Meeting, Apr 28, 2025SOCEP S.A., Annual General Meeting, Apr 28, 2025, at 11:00 E. Europe Standard Time. Location: at the company`s headquarters, in the municipality of constanta, incinta port nou, dana 34, constanta county, protocol room, floor 1, Romania
Reported Earnings • Mar 06Full year 2024 earnings released: EPS: RON0.14 (vs RON0.15 in FY 2023)Full year 2024 results: EPS: RON0.14 (down from RON0.15 in FY 2023). Revenue: RON222.0m (up 8.9% from FY 2023). Net income: RON90.6m (down 8.7% from FY 2023). Profit margin: 41% (down from 49% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jan 02Upcoming dividend of RON0.087 per shareEligible shareholders must have bought the stock before 09 January 2025. Payment date: 21 January 2025. Trailing yield: 4.3%. Lower than top quartile of Romanian dividend payers (7.5%). Higher than average of industry peers (3.7%).
分析記事 • Nov 22SOCEP (BVB:SOCP) Is Posting Healthy Earnings, But It Is Not All Good NewsSOCEP S.A.'s ( BVB:SOCP ) stock rose after it released a robust earnings report. However, we think that shareholders...
New Risk • Nov 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (32% accrual ratio). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Sep 05Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: RON45.6m (up 10% from 2Q 2023). Net income: RON16.0m (down 10.0% from 2Q 2023). Profit margin: 35% (down from 43% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RON1.94, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the Infrastructure industry in Europe. Total returns to shareholders of 801% over the past three years.
分析記事 • May 22SOCEP's (BVB:SOCP) Promising Earnings May Rest On Soft FoundationsDespite posting some strong earnings, the market for SOCEP S.A.'s ( BVB:SOCP ) stock hasn't moved much. We did some...
Reported Earnings • May 19First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: RON48.4m (up 5.2% from 1Q 2023). Net income: RON17.4m (up 4.3% from 1Q 2023). Profit margin: 36% (in line with 1Q 2023).
Buy Or Sell Opportunity • May 19Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to RON1.72. The fair value is estimated to be RON1.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
New Risk • May 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 85% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Mar 27Is SOCEP (BVB:SOCP) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 06Full year 2023 earnings released: EPS: RON0.12 (vs RON0.12 in FY 2022)Full year 2023 results: EPS: RON0.12 (up from RON0.12 in FY 2022). Revenue: RON142.7m (up 2.2% from FY 2022). Net income: RON42.6m (up 3.5% from FY 2022). Profit margin: 30% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 69% per year whereas the company’s share price has increased by 71% per year.
New Risk • Jan 17New 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 Romanian stocks, typically moving 8.1% 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 (8.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Jan 13There's Been No Shortage Of Growth Recently For SOCEP's (BVB:SOCP) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 23%After last week's 23% share price gain to RON2.66, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 18x in the Infrastructure industry in Europe. Total returns to shareholders of 1,075% over the past three years.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: RON57.4m (up 45% from 3Q 2022). Net income: RON15.6m (up 16% from 3Q 2022). Profit margin: 27% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses.
Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: RON41.9m (up 18% from 2Q 2022). Net income: RON17.8m (up 67% from 2Q 2022). Profit margin: 43% (up from 30% in 2Q 2022). The increase in margin was primarily driven by higher revenue.
分析記事 • Aug 14SOCEP (BVB:SOCP) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to RON2.48, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 17x in the Infrastructure industry in Europe. Total returns to shareholders of 551% over the past three years.
分析記事 • Jul 26Here's Why SOCEP (BVB:SOCP) Has Caught The Eye Of InvestorsInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 30%After last week's 30% share price gain to RON1.61, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Total returns to shareholders of 347% over the past three years.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to RON1.07, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 16x in the Infrastructure industry in Europe. Total returns to shareholders of 183% over the past three years.
Reported Earnings • Dec 10Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: RON40.3m (up 60% from 3Q 2021). Net income: RON13.4m (up 46% from 3Q 2021). Profit margin: 33% (down from 37% in 3Q 2021). The decrease in margin was driven by higher expenses.
分析記事 • Nov 18The Return Trends At SOCEP (BVB:SOCP) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Jul 25Returns On Capital At SOCEP (BVB:SOCP) Have StalledDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Reported Earnings • May 05Full year 2021 earnings releasedFull year 2021 results: Revenue: RON82.8m (up 23% from FY 2020). Net income: RON11.4m (up 109% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was driven by higher revenue.
分析記事 • Feb 23Here's What's Concerning About SOCEP's (BVB:SOCP) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RON25.5m (up 54% from 3Q 2020). Net income: RON9.24m (up RON8.28m from 3Q 2020). Profit margin: 36% (up from 5.8% in 3Q 2020). 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.
Upcoming Dividend • Sep 28Upcoming dividend of RON0.014 per shareEligible shareholders must have bought the stock before 05 October 2021. Payment date: 15 October 2021. Trailing yield: 2.8%. Lower than top quartile of Romanian dividend payers (5.7%). Higher than average of industry peers (1.6%).
分析記事 • Sep 15The Returns On Capital At SOCEP (BVB:SOCP) Don't Inspire ConfidenceFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Sep 05First half 2021 earnings released: EPS RON0.002 (vs RON0.01 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: RON35.8m (up 5.8% from 1H 2020). Net income: RON569.9k (down 84% from 1H 2020). Profit margin: 1.6% (down from 11% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
分析記事 • May 27Is SOCEP (BVB:SOCP) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Apr 22Returns At SOCEP (BVB:SOCP) Appear To Be Weighed DownIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Dec 29Should We Be Excited About The Trends Of Returns At SOCEP (BVB:SOCP)?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Upcoming Dividend • Nov 09Upcoming Dividend of RON0.013 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 16th of November. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 7.0%.