View Future GrowthTexaf 과거 순이익 실적과거 기준 점검 5/6Texaf은 연평균 12.9%의 비율로 수입이 증가해 온 반면, Real Estate 산업은 수입이 40.5% 감소했습니다. 매출은 연평균 10.1%의 비율로 증가했습니다. Texaf의 자기자본이익률은 7.6%이고 순이익률은 25.5%입니다.핵심 정보12.94%순이익 성장률12.80%주당순이익(EPS) 성장률Real Estate 산업 성장률13.36%매출 성장률10.06%자기자본이익률7.64%순이익률25.53%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트공시 • May 28+ 2 more updatesTexaf S.A. to Report Q1, 2026 Results on Apr 24, 2026Texaf S.A. announced that they will report Q1, 2026 results on Apr 24, 2026Reported Earnings • Apr 14Full year 2024 earnings released: EPS: €2.03 (vs €3.18 in FY 2023)Full year 2024 results: EPS: €2.03 (down from €3.18 in FY 2023). Revenue: €32.3m (up 11% from FY 2023). Net income: €7.43m (down 36% from FY 2023). Profit margin: 23% (down from 40% 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 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Feb 12+ 1 more updateTexaf S.A. to Report Q3, 2025 Results on Oct 24, 2025Texaf S.A. announced that they will report Q3, 2025 results on Oct 24, 2025공시 • Feb 11+ 2 more updatesTexaf S.A. to Report Q1, 2025 Results on Apr 25, 2025Texaf S.A. announced that they will report Q1, 2025 results on Apr 25, 2025분석 기사 • Sep 14There May Be Underlying Issues With The Quality Of Texaf's (EBR:TEXF) EarningsTexaf S.A. ( EBR:TEXF ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...Reported Earnings • Feb 28Full year 2023 earnings released: EPS: €3.18 (vs €2.28 in FY 2022)Full year 2023 results: EPS: €3.18 (up from €2.28 in FY 2022). Revenue: €31.3m (up 14% from FY 2022). Net income: €11.6m (up 39% from FY 2022). Profit margin: 37% (up from 30% in FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesUpcoming Dividend • May 21Upcoming dividend of €1.32 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 01 June 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Belgian dividend payers (6.5%). In line with average of industry peers (4.3%).Declared Dividend • Apr 15Dividend of €1.32 announcedShareholders will receive a dividend of €1.32. Ex-date: 28th May 2026 Payment date: 1st June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 7.6%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Apr 14Texaf S.A. announces Annual dividend, payable on June 01, 2026Texaf S.A. announced Annual dividend of EUR 1.3200 per share payable on June 01, 2026, ex-date on May 28, 2026 and record date on May 29, 2026.New Risk • Mar 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 2025 fiscal period end). Profit margins are more than 30% lower than last year (22% net profit margin).Board Change • Jun 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Chairman Benoît De Blieck was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jun 04Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 3.7% to €34.00. The fair value is estimated to be €27.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 19%.공시 • May 28+ 2 more updatesTexaf S.A. to Report Q1, 2026 Results on Apr 24, 2026Texaf S.A. announced that they will report Q1, 2026 results on Apr 24, 2026공시 • May 15Texaf S.A. announces Annual dividend, payable on May 30, 2025Texaf S.A. announced Annual dividend of EUR 1.2300 per share payable on May 30, 2025, ex-date on May 28, 2025 and record date on May 29, 2025.Buy Or Sell Opportunity • May 13Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at €33.60. The fair value is estimated to be €27.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 19%.New Risk • Apr 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 120% Dividend yield: 5.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (120% cash payout ratio). Profit margins are more than 30% lower than last year (23% net profit margin).Reported Earnings • Apr 14Full year 2024 earnings released: EPS: €2.03 (vs €3.18 in FY 2023)Full year 2024 results: EPS: €2.03 (down from €3.18 in FY 2023). Revenue: €32.3m (up 11% from FY 2023). Net income: €7.43m (down 36% from FY 2023). Profit margin: 23% (down from 40% 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 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Mar 25New minor risk - Financial data availabilityThe 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). Large one-off items impacting financial results.공시 • Mar 03Texaf S.A., Annual General Meeting, May 13, 2025Texaf S.A., Annual General Meeting, May 13, 2025, at 11:00 Romance Standard Time.공시 • Feb 12+ 1 more updateTexaf S.A. to Report Q3, 2025 Results on Oct 24, 2025Texaf S.A. announced that they will report Q3, 2025 results on Oct 24, 2025공시 • Feb 11+ 2 more updatesTexaf S.A. to Report Q1, 2025 Results on Apr 25, 2025Texaf S.A. announced that they will report Q1, 2025 results on Apr 25, 2025분석 기사 • Sep 14There May Be Underlying Issues With The Quality Of Texaf's (EBR:TEXF) EarningsTexaf S.A. ( EBR:TEXF ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...Upcoming Dividend • May 21Upcoming dividend of €1.14 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 30 May 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Belgian dividend payers (6.6%). Higher than average of industry peers (3.0%).Reported Earnings • Feb 28Full year 2023 earnings released: EPS: €3.18 (vs €2.28 in FY 2022)Full year 2023 results: EPS: €3.18 (up from €2.28 in FY 2022). Revenue: €31.3m (up 14% from FY 2022). Net income: €11.6m (up 39% from FY 2022). Profit margin: 37% (up from 30% in FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Nov 24+ 4 more updatesTexaf S.A. to Report Fiscal Year 2023 Final Results on Apr 15, 2024Texaf S.A. announced that they will report fiscal year 2023 final results on Apr 15, 2024Upcoming Dividend • May 17Upcoming dividend of €1.10 per share at 4.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Belgian dividend payers (6.8%). Higher than average of industry peers (3.9%).Reported Earnings • Apr 13Full year 2022 earnings releasedFull year 2022 results: Revenue: €27.4m (up 21% from FY 2021). Net income: €8.35m (up 60% from FY 2021). Profit margin: 30% (up from 23% in FY 2021). The increase in margin was driven by higher revenue.공시 • Jan 20+ 5 more updatesTexaf S.A., Annual General Meeting, May 09, 2023Texaf S.A., Annual General Meeting, May 09, 2023, at 11:00 Central European Standard Time.Reported Earnings • Sep 15First half 2022 earnings released: EPS: €1.34 (vs €0.85 in 1H 2021)First half 2022 results: EPS: €1.34 (up from €0.85 in 1H 2021). Revenue: €14.0m (up 29% from 1H 2021). Net income: €4.91m (up 58% from 1H 2021). Profit margin: 35% (up from 29% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Buying Opportunity • Jun 16Now 20% undervaluedOver the last 90 days, the stock is up 8.7%. The fair value is estimated to be €43.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 36%.Buying Opportunity • May 06Now 20% undervaluedOver the last 90 days, the stock is up 6.2%. The fair value is estimated to be €42.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 36%.Buying Opportunity • Apr 20Now 21% undervaluedOver the last 90 days, the stock is up 4.0%. The fair value is estimated to be €42.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 36%.Reported Earnings • Apr 10Full year 2021 earnings released: EPS: €1.42 (vs €1.27 in FY 2020)Full year 2021 results: EPS: €1.42 (up from €1.27 in FY 2020). Revenue: €22.7m (up 3.9% from FY 2020). Net income: €5.21m (up 14% from FY 2020). Profit margin: 23% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Feb 16+ 5 more updatesTexaf S.A. to Report Q3, 2022 Results on Nov 11, 2022Texaf S.A. announced that they will report Q3, 2022 results on Nov 11, 2022Reported Earnings • Sep 09First half 2021 earnings released: EPS €0.85 (vs €0.88 in 1H 2020)The company reported a poor first half result with weaker earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: €10.9m (down 1.0% from 1H 2020). Net income: €3.11m (down 1.4% from 1H 2020). Profit margin: 29% (in line with 1H 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.분석 기사 • May 17Here's Why Texaf (EBR:TEXF) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Apr 21Texaf S.A. (EBR:TEXF) Is Yielding 3.5% - But Is It A Buy?Could Texaf S.A. ( EBR:TEXF ) be an attractive dividend share to own for the long haul? Investors are often drawn to...Is New 90 Day High Low • Mar 01New 90-day low: €33.80The company is down 4.0% from its price of €35.20 on 01 December 2020. The Belgian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 12% over the same period.분석 기사 • Feb 04Texaf S.A.'s (EBR:TEXF) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Most readers would already be aware that Texaf's (EBR:TEXF) stock increased significantly by 10% over the past three...분석 기사 • Jan 14Why Texaf S.A. (EBR:TEXF) Is A Top Dividend StockIs Texaf S.A. ( EBR:TEXF ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...Is New 90 Day High Low • Dec 24New 90-day high: €36.80The company is up 8.0% from its price of €34.00 on 24 September 2020. The Belgian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 4.0% over the same period.분석 기사 • Dec 23If You Had Bought Texaf (EBR:TEXF) Shares Three Years Ago You'd Have Earned 21% ReturnsBy buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...분석 기사 • Dec 04We Wouldn't Rely On Texaf's (EBR:TEXF) Statutory Earnings As A GuideBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...Is New 90 Day High Low • Nov 27New 90-day high: €35.80The company is up 7.0% from its price of €33.60 on 28 August 2020. The Belgian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 4.0% over the same period.공시 • Nov 10Texaf S.A., Annual General Meeting, May 11, 2021Texaf S.A., Annual General Meeting, May 11, 2021, at 11:00 Central European Standard Time.Is New 90 Day High Low • Nov 02New 90-day low: €32.40The company is down 3.0% from its price of €33.40 on 04 August 2020. The Belgian market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 1.0% over the same period.공시 • Aug 30Texaf S.A. to Report Q2, 2020 Results on Sep 04, 2020Texaf S.A. announced that they will report Q2, 2020 results on Sep 04, 2020매출 및 비용 세부 내역Texaf가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ENXTBR:TEXF 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 253590030 Sep 253483030 Jun 253486031 Mar 253376031 Dec 243276030 Sep 2431106030 Jun 2430126031 Mar 2430126031 Dec 2329126030 Sep 2329105030 Jun 232875031 Mar 232885031 Dec 222785030 Sep 222685030 Jun 222575031 Mar 222464031 Dec 212354030 Sep 212254030 Jun 212254031 Mar 212254031 Dec 202254030 Sep 202274030 Jun 2022104031 Mar 2022104031 Dec 1922114030 Sep 1921103030 Jun 1920103031 Mar 1919113031 Dec 1819133030 Sep 1819123030 Jun 1818123031 Mar 181883031 Dec 171853030 Sep 171844030 Jun 171834031 Mar 171844031 Dec 161854030 Sep 161954030 Jun 161954031 Mar 161954031 Dec 152055030 Sep 152054030 Jun 1520540양질의 수익: TEXF는 고품질 수익을 보유하고 있습니다.이익 마진 증가: TEXF의 현재 순 이익률 (25.5%)은 지난해 (23.5%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TEXF의 수익은 지난 5년 동안 연평균 12.9% 증가했습니다.성장 가속화: 지난 1년간 TEXF 의 수익 증가율(21%)은 연간 평균(12.9%)을 초과합니다.수익 대 산업: TEXF의 지난 1년 수익 증가율(21%)은 Real Estate 업계의 -20.8%를 상회했습니다.자기자본이익률높은 ROE: TEXF의 자본 수익률(7.6%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YReal-estate-management-and-development 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 19:14종가2026/06/12 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Texaf S.A.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Joachim VansantenKBC Securities NV
공시 • May 28+ 2 more updatesTexaf S.A. to Report Q1, 2026 Results on Apr 24, 2026Texaf S.A. announced that they will report Q1, 2026 results on Apr 24, 2026
Reported Earnings • Apr 14Full year 2024 earnings released: EPS: €2.03 (vs €3.18 in FY 2023)Full year 2024 results: EPS: €2.03 (down from €3.18 in FY 2023). Revenue: €32.3m (up 11% from FY 2023). Net income: €7.43m (down 36% from FY 2023). Profit margin: 23% (down from 40% 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 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Feb 12+ 1 more updateTexaf S.A. to Report Q3, 2025 Results on Oct 24, 2025Texaf S.A. announced that they will report Q3, 2025 results on Oct 24, 2025
공시 • Feb 11+ 2 more updatesTexaf S.A. to Report Q1, 2025 Results on Apr 25, 2025Texaf S.A. announced that they will report Q1, 2025 results on Apr 25, 2025
분석 기사 • Sep 14There May Be Underlying Issues With The Quality Of Texaf's (EBR:TEXF) EarningsTexaf S.A. ( EBR:TEXF ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: €3.18 (vs €2.28 in FY 2022)Full year 2023 results: EPS: €3.18 (up from €2.28 in FY 2022). Revenue: €31.3m (up 14% from FY 2022). Net income: €11.6m (up 39% from FY 2022). Profit margin: 37% (up from 30% in FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 21Upcoming dividend of €1.32 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 01 June 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Belgian dividend payers (6.5%). In line with average of industry peers (4.3%).
Declared Dividend • Apr 15Dividend of €1.32 announcedShareholders will receive a dividend of €1.32. Ex-date: 28th May 2026 Payment date: 1st June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 7.6%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Apr 14Texaf S.A. announces Annual dividend, payable on June 01, 2026Texaf S.A. announced Annual dividend of EUR 1.3200 per share payable on June 01, 2026, ex-date on May 28, 2026 and record date on May 29, 2026.
New Risk • Mar 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 2025 fiscal period end). Profit margins are more than 30% lower than last year (22% net profit margin).
Board Change • Jun 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Chairman Benoît De Blieck was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jun 04Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 3.7% to €34.00. The fair value is estimated to be €27.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 19%.
공시 • May 28+ 2 more updatesTexaf S.A. to Report Q1, 2026 Results on Apr 24, 2026Texaf S.A. announced that they will report Q1, 2026 results on Apr 24, 2026
공시 • May 15Texaf S.A. announces Annual dividend, payable on May 30, 2025Texaf S.A. announced Annual dividend of EUR 1.2300 per share payable on May 30, 2025, ex-date on May 28, 2025 and record date on May 29, 2025.
Buy Or Sell Opportunity • May 13Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at €33.60. The fair value is estimated to be €27.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 19%.
New Risk • Apr 14New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 120% Dividend yield: 5.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (120% cash payout ratio). Profit margins are more than 30% lower than last year (23% net profit margin).
Reported Earnings • Apr 14Full year 2024 earnings released: EPS: €2.03 (vs €3.18 in FY 2023)Full year 2024 results: EPS: €2.03 (down from €3.18 in FY 2023). Revenue: €32.3m (up 11% from FY 2023). Net income: €7.43m (down 36% from FY 2023). Profit margin: 23% (down from 40% 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 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Mar 25New minor risk - Financial data availabilityThe 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). Large one-off items impacting financial results.
공시 • Mar 03Texaf S.A., Annual General Meeting, May 13, 2025Texaf S.A., Annual General Meeting, May 13, 2025, at 11:00 Romance Standard Time.
공시 • Feb 12+ 1 more updateTexaf S.A. to Report Q3, 2025 Results on Oct 24, 2025Texaf S.A. announced that they will report Q3, 2025 results on Oct 24, 2025
공시 • Feb 11+ 2 more updatesTexaf S.A. to Report Q1, 2025 Results on Apr 25, 2025Texaf S.A. announced that they will report Q1, 2025 results on Apr 25, 2025
분석 기사 • Sep 14There May Be Underlying Issues With The Quality Of Texaf's (EBR:TEXF) EarningsTexaf S.A. ( EBR:TEXF ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...
Upcoming Dividend • May 21Upcoming dividend of €1.14 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 30 May 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Belgian dividend payers (6.6%). Higher than average of industry peers (3.0%).
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: €3.18 (vs €2.28 in FY 2022)Full year 2023 results: EPS: €3.18 (up from €2.28 in FY 2022). Revenue: €31.3m (up 14% from FY 2022). Net income: €11.6m (up 39% from FY 2022). Profit margin: 37% (up from 30% in FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Nov 24+ 4 more updatesTexaf S.A. to Report Fiscal Year 2023 Final Results on Apr 15, 2024Texaf S.A. announced that they will report fiscal year 2023 final results on Apr 15, 2024
Upcoming Dividend • May 17Upcoming dividend of €1.10 per share at 4.3% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Belgian dividend payers (6.8%). Higher than average of industry peers (3.9%).
Reported Earnings • Apr 13Full year 2022 earnings releasedFull year 2022 results: Revenue: €27.4m (up 21% from FY 2021). Net income: €8.35m (up 60% from FY 2021). Profit margin: 30% (up from 23% in FY 2021). The increase in margin was driven by higher revenue.
공시 • Jan 20+ 5 more updatesTexaf S.A., Annual General Meeting, May 09, 2023Texaf S.A., Annual General Meeting, May 09, 2023, at 11:00 Central European Standard Time.
Reported Earnings • Sep 15First half 2022 earnings released: EPS: €1.34 (vs €0.85 in 1H 2021)First half 2022 results: EPS: €1.34 (up from €0.85 in 1H 2021). Revenue: €14.0m (up 29% from 1H 2021). Net income: €4.91m (up 58% from 1H 2021). Profit margin: 35% (up from 29% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Jun 16Now 20% undervaluedOver the last 90 days, the stock is up 8.7%. The fair value is estimated to be €43.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 36%.
Buying Opportunity • May 06Now 20% undervaluedOver the last 90 days, the stock is up 6.2%. The fair value is estimated to be €42.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 36%.
Buying Opportunity • Apr 20Now 21% undervaluedOver the last 90 days, the stock is up 4.0%. The fair value is estimated to be €42.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 36%.
Reported Earnings • Apr 10Full year 2021 earnings released: EPS: €1.42 (vs €1.27 in FY 2020)Full year 2021 results: EPS: €1.42 (up from €1.27 in FY 2020). Revenue: €22.7m (up 3.9% from FY 2020). Net income: €5.21m (up 14% from FY 2020). Profit margin: 23% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Feb 16+ 5 more updatesTexaf S.A. to Report Q3, 2022 Results on Nov 11, 2022Texaf S.A. announced that they will report Q3, 2022 results on Nov 11, 2022
Reported Earnings • Sep 09First half 2021 earnings released: EPS €0.85 (vs €0.88 in 1H 2020)The company reported a poor first half result with weaker earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: €10.9m (down 1.0% from 1H 2020). Net income: €3.11m (down 1.4% from 1H 2020). Profit margin: 29% (in line with 1H 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
분석 기사 • May 17Here's Why Texaf (EBR:TEXF) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Apr 21Texaf S.A. (EBR:TEXF) Is Yielding 3.5% - But Is It A Buy?Could Texaf S.A. ( EBR:TEXF ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
Is New 90 Day High Low • Mar 01New 90-day low: €33.80The company is down 4.0% from its price of €35.20 on 01 December 2020. The Belgian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 12% over the same period.
분석 기사 • Feb 04Texaf S.A.'s (EBR:TEXF) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Most readers would already be aware that Texaf's (EBR:TEXF) stock increased significantly by 10% over the past three...
분석 기사 • Jan 14Why Texaf S.A. (EBR:TEXF) Is A Top Dividend StockIs Texaf S.A. ( EBR:TEXF ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...
Is New 90 Day High Low • Dec 24New 90-day high: €36.80The company is up 8.0% from its price of €34.00 on 24 September 2020. The Belgian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 4.0% over the same period.
분석 기사 • Dec 23If You Had Bought Texaf (EBR:TEXF) Shares Three Years Ago You'd Have Earned 21% ReturnsBy buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...
분석 기사 • Dec 04We Wouldn't Rely On Texaf's (EBR:TEXF) Statutory Earnings As A GuideBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
Is New 90 Day High Low • Nov 27New 90-day high: €35.80The company is up 7.0% from its price of €33.60 on 28 August 2020. The Belgian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 4.0% over the same period.
공시 • Nov 10Texaf S.A., Annual General Meeting, May 11, 2021Texaf S.A., Annual General Meeting, May 11, 2021, at 11:00 Central European Standard Time.
Is New 90 Day High Low • Nov 02New 90-day low: €32.40The company is down 3.0% from its price of €33.40 on 04 August 2020. The Belgian market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 1.0% over the same period.
공시 • Aug 30Texaf S.A. to Report Q2, 2020 Results on Sep 04, 2020Texaf S.A. announced that they will report Q2, 2020 results on Sep 04, 2020