View ValuationD'Ieteren Group 향후 성장Future 기준 점검 3/6D'Ieteren Group (는) 각각 연간 20% 및 3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 19.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 29% 로 예상됩니다.핵심 정보20.0%이익 성장률19.44%EPS 성장률Retail Distributors 이익 성장11.5%매출 성장률3.0%향후 자기자본이익률29.00%애널리스트 커버리지Good마지막 업데이트19 May 2026최근 향후 성장 업데이트Major Estimate Revision • May 15Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.07b to €9.12b. EPS estimate unchanged from €10.08 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €209 unchanged from last update. Share price was steady at €179 over the past week.Major Estimate Revision • Mar 25Consensus revenue estimates increase by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.15b to €9.52b. EPS estimate unchanged from €9.98 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at €206. Share price rose 4.3% to €171 over the past week.Major Estimate Revision • Oct 04Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €8.10b. EPS estimate fell from €11.77 to €7.91 per share. Net income forecast to grow 36% next year vs 19% growth forecast for Retail Distributors industry in Belgium. Consensus price target down from €263 to €246. Share price fell 3.3% to €190 over the past week.Major Estimate Revision • Aug 13Consensus revenue estimates increase by 24%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €9.88b. EPS estimate unchanged from €11.92 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at €264. Share price rose 4.8% to €206 over the past week.Price Target Changed • Apr 30Price target increased by 7.7% to €253Up from €235, the current price target is an average from 5 analysts. New target price is 25% above last closing price of €203. Stock is up 22% over the past year. The company is forecast to post earnings per share of €12.17 for next year compared to €9.41 last year.Price Target Changed • Apr 05Price target increased by 8.4% to €246Up from €227, the current price target is an average from 5 analysts. New target price is 19% above last closing price of €207. Stock is up 20% over the past year. The company is forecast to post earnings per share of €12.49 for next year compared to €9.41 last year.모든 업데이트 보기Recent updates공시 • May 15D'Ieteren Group SA to Report Fiscal Year 2026 Results on Mar 10, 2027D'Ieteren Group SA announced that they will report fiscal year 2026 results on Mar 10, 2027Reported Earnings • Apr 26Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: €7.94 (up from €6.94 in FY 2024). Revenue: €8.03b (down 1.5% from FY 2024). Net income: €419.5m (up 14% from FY 2024). Profit margin: 5.2% (up from 4.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Mar 12Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: €7.94 (up from €6.94 in FY 2024). Revenue: €8.03b (down 1.5% from FY 2024). Net income: €424.5m (up 15% from FY 2024). Profit margin: 5.3% (up from 4.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.분석 기사 • Feb 12What Is D'Ieteren Group SA's (EBR:DIE) Share Price Doing?Let's talk about the popular D'Ieteren Group SA ( EBR:DIE ). The company's shares received a lot of attention from a...공시 • Dec 26D'Ieteren Group SA to Report First Half, 2026 Results on Sep 09, 2026D'Ieteren Group SA announced that they will report first half, 2026 results on Sep 09, 2026분석 기사 • Dec 25Investors Still Waiting For A Pull Back In D'Ieteren Group SA (EBR:DIE)D'Ieteren Group SA's ( EBR:DIE ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell right now...분석 기사 • Oct 16At €156, Is It Time To Put D'Ieteren Group SA (EBR:DIE) On Your Watch List?D'Ieteren Group SA ( EBR:DIE ), is not the largest company out there, but it saw significant share price movement...Reported Earnings • Sep 05First half 2025 earnings released: EPS: €4.61 (vs €3.14 in 1H 2024)First half 2025 results: EPS: €4.61 (up from €3.14 in 1H 2024). Revenue: €4.05b (down 5.8% from 1H 2024). Net income: €243.8m (up 46% from 1H 2024). Profit margin: 6.0% (up from 3.9% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 31D'Ieteren Group SA's (EBR:DIE) Price In Tune With EarningsD'Ieteren Group SA's ( EBR:DIE ) price-to-earnings (or "P/E") ratio of 26.7x might make it look like a strong sell...분석 기사 • Jun 20Is It Time To Consider Buying D'Ieteren Group SA (EBR:DIE)?D'Ieteren Group SA ( EBR:DIE ) saw a decent share price growth of 18% on the ENXTBR over the last few months...공시 • Jun 12D'Ieteren Group SA to Report Fiscal Year 2025 Results on Mar 10, 2026D'Ieteren Group SA announced that they will report fiscal year 2025 results on Mar 10, 2026Declared Dividend • May 28Final dividend of €1.12 announcedShareholders will receive a dividend of €1.12. Ex-date: 10th June 2025 Payment date: 12th June 2025 Dividend yield will be 29%, which is higher than the industry average of 2.4%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 11%.공시 • May 27D'Ieteren Group SA announces Annual dividend, payable on June 12, 2025D'Ieteren Group SA announced Annual dividend of EUR 1.1200 per share payable on June 12, 2025, ex-date on June 10, 2025 and record date on June 11, 2025.Major Estimate Revision • May 15Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.07b to €9.12b. EPS estimate unchanged from €10.08 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €209 unchanged from last update. Share price was steady at €179 over the past week.Reported Earnings • Apr 30Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.94 (down from €9.41 in FY 2023). Revenue: €8.15b (up 2.1% from FY 2023). Net income: €367.8m (down 26% from FY 2023). Profit margin: 4.5% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 28High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Charles-Antoine Leunen 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.Major Estimate Revision • Mar 25Consensus revenue estimates increase by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.15b to €9.52b. EPS estimate unchanged from €9.98 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at €206. Share price rose 4.3% to €171 over the past week.Reported Earnings • Mar 11Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.94 (down from €9.41 in FY 2023). Revenue: €8.15b (up 2.1% from FY 2023). Net income: €372.1m (down 25% from FY 2023). Profit margin: 4.6% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Mar 05New 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 Belgian stocks, typically moving 6.6% 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. This is currently the only risk that has been identified for the company.공시 • Feb 12D'Ieteren Group SA to Report First Half, 2025 Results on Sep 03, 2025D'Ieteren Group SA announced that they will report first half, 2025 results on Sep 03, 2025New Risk • Dec 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 3.7% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €160, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 9x in the Retail Distributors industry in Europe. Total returns to shareholders of 28% over the past three years.Major Estimate Revision • Oct 04Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €8.10b. EPS estimate fell from €11.77 to €7.91 per share. Net income forecast to grow 36% next year vs 19% growth forecast for Retail Distributors industry in Belgium. Consensus price target down from €263 to €246. Share price fell 3.3% to €190 over the past week.공시 • Sep 11D'Ieteren Group SA Proposes Extraordinary DividendD'Ieteren Group SA proposed extraordinary dividend of EUR 74.00 per share as a reward group shareholders for their continued support after the value creation in the recent years.Reported Earnings • Sep 11First half 2024 earnings released: EPS: €3.11 (vs €5.39 in 1H 2023)First half 2024 results: EPS: €3.11 (down from €5.39 in 1H 2023). Revenue: €4.30b (up 5.3% from 1H 2023). Net income: €166.6m (down 42% from 1H 2023). Profit margin: 3.9% (down from 7.0% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.Major Estimate Revision • Aug 13Consensus revenue estimates increase by 24%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €9.88b. EPS estimate unchanged from €11.92 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at €264. Share price rose 4.8% to €206 over the past week.Declared Dividend • Jun 06Dividend of €2.63 announcedShareholders will receive a dividend of €2.63. Ex-date: 11th June 2024 Payment date: 13th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 17% 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. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 15D'Ieteren Group SA to Report Fiscal Year 2024 Results on Mar 10, 2025D'Ieteren Group SA announced that they will report fiscal year 2024 results on Mar 10, 2025Price Target Changed • Apr 30Price target increased by 7.7% to €253Up from €235, the current price target is an average from 5 analysts. New target price is 25% above last closing price of €203. Stock is up 22% over the past year. The company is forecast to post earnings per share of €12.17 for next year compared to €9.41 last year.Price Target Changed • Apr 05Price target increased by 8.4% to €246Up from €227, the current price target is an average from 5 analysts. New target price is 19% above last closing price of €207. Stock is up 20% over the past year. The company is forecast to post earnings per share of €12.49 for next year compared to €9.41 last year.Reported Earnings • Mar 07Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €9.41 (up from €6.23 in FY 2022). Revenue: €7.98b (up 69% from FY 2022). Net income: €498.8m (up 50% from FY 2022). Profit margin: 6.2% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.2%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 35% per year.공시 • Dec 15D'Ieteren Group SA to Report First Half, 2024 Results on Sep 10, 2024D'Ieteren Group SA announced that they will report first half, 2024 results on Sep 10, 2024Major Estimate Revision • Sep 26Consensus revenue estimates increase by 20%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €9.62b to €11.6b. EPS estimate fell from €10.83 to €10.28. Net income forecast to grow 61% next year vs 13% growth forecast for Retail Distributors industry in Belgium. Consensus price target of €227 unchanged from last update. Share price was steady at €158 over the past week.Major Estimate Revision • Sep 15Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €11.2b to €9.62b. EPS estimate unchanged from €10.83 per share at last update. Retail Distributors industry in Belgium expected to see average net income growth of 16% next year. Consensus price target broadly unchanged at €227. Share price rose 4.1% to €164 over the past week.Reported Earnings • Sep 11First half 2023 earnings released: EPS: €5.33 (vs €3.59 in 1H 2022)First half 2023 results: EPS: €5.33 (up from €3.59 in 1H 2022). Revenue: €4.09b (up 114% from 1H 2022). Net income: €285.9m (up 49% from 1H 2022). Profit margin: 7.0% (down from 10.0% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 45% per year.공시 • May 31D'Ieteren Group SA to Report Fiscal Year 2023 Results on Mar 05, 2024D'Ieteren Group SA announced that they will report fiscal year 2023 results on Mar 05, 2024Upcoming Dividend • May 30Upcoming dividend of €2.10 per share at 1.8% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Belgian dividend payers (6.8%). Lower than average of industry peers (2.5%).공시 • May 26D'Ieteren Group SA, Annual General Meeting, May 25, 2023D'Ieteren Group SA, Annual General Meeting, May 25, 2023, at 15:00 Central European Standard Time. Agenda: To propose a gross ordinary dividend of share to its shareholders; to approve the appointments as Independent Directors, of Allegra Patrizi Unipersonnelle, represented by Mrs Allegra Patrizi, of LSIM SA, represented by Mr Wolfgang de Limburg Stirum, and of Diligencia Consult SRL, represented by Mrs Diane Govaerts.Reported Earnings • Mar 12Full year 2022 earnings released: EPS: €6.24 (vs €4.75 in FY 2021)Full year 2022 results: EPS: €6.24 (up from €4.75 in FY 2021). Revenue: €4.71b (up 40% from FY 2021). Net income: €335.7m (up 32% from FY 2021). Profit margin: 7.1% (down from 7.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Cécile Bonnefond was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Major Estimate Revision • Oct 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €7.62 to €9.16. Revenue forecast unchanged at €3.98b. Net income forecast to grow 79% next year vs 18% growth forecast for Retail Distributors industry in Belgium. Consensus price target broadly unchanged at €207. Share price rose 4.5% to €145 over the past week.Reported Earnings • Sep 07First half 2022 earnings released: EPS: €3.55 (vs €3.43 in 1H 2021)First half 2022 results: EPS: €3.55 (up from €3.43 in 1H 2021). Revenue: €1.91b (up 1.0% from 1H 2021). Net income: €191.6m (up 4.8% from 1H 2021). Profit margin: 10.0% (in line with 1H 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.공시 • Jul 19D'Ieteren Group SA to Report First Half, 2023 Results on Sep 07, 2023D'Ieteren Group SA announced that they will report first half, 2023 results on Sep 07, 2023Upcoming Dividend • May 31Upcoming dividend of €1.47 per shareEligible shareholders must have bought the stock before 07 June 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Belgian dividend payers (5.7%). Lower than average of industry peers (2.0%).Major Estimate Revision • May 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €7.16 to €8.25. Revenue forecast steady at €3.98b. Net income forecast to grow 61% next year vs 32% growth forecast for Retail Distributors industry in Belgium. Consensus price target up from €197 to €209. Share price fell 5.5% to €148 over the past week.Reported Earnings • Apr 27Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €4.75 (up from €2.56 in FY 2020). Revenue: €3.36b (up 1.3% from FY 2020). Net income: €253.5m (up 85% from FY 2020). Profit margin: 7.5% (up from 4.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 23%, compared to a 16% growth forecast for the retail industry in Belgium. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Cécile Bonnefond was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 24Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €4.75 (up from €2.56 in FY 2020). Revenue: €3.36b (up 1.3% from FY 2020). Net income: €253.5m (up 85% from FY 2020). Profit margin: 7.5% (up from 4.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the retail industry in Belgium. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 consensus EPS increased from €7.16 to €8.14. Revenues were reaffirmed at €4.12b. Net income forecast to grow 52% next year vs 43% growth forecast for Retail Distributors industry in Belgium. Consensus price target broadly unchanged at €197. Share price rose 7.1% to €153 over the past week.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €118, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Retail Distributors industry in Europe. Total returns to shareholders of 239% over the past three years.Reported Earnings • Sep 05First half 2021 earnings released: EPS €3.39 (vs €0.39 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.89b (up 25% from 1H 2020). Net income: €182.8m (up €162.2m from 1H 2020). Profit margin: 9.7% (up from 1.4% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improved over the past weekAfter last week's 24% share price gain to €134, the stock trades at a trailing P/E ratio of 51.2x. Average forward P/E is 16x in the Retail Distributors industry in Europe. Total returns to shareholders of 273% over the past three years.Price Target Changed • Jul 13Price target increased to €166Up from €128, the current price target is provided by 1 analyst. New target price is 51% above last closing price of €110. Stock is up 119% over the past year.Upcoming Dividend • May 25Upcoming dividend of €0.94 per shareEligible shareholders must have bought the stock before 01 June 2021. Payment date: 03 June 2021. Trailing yield: 1.5%. Lower than top quartile of Belgian dividend payers (4.6%). Higher than average of industry peers (1.2%).이익 및 매출 성장 예측ENXTBR:DIE - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20288,774784518606412/31/20278,436670429539512/31/20268,082554389495612/31/20258,034420440552N/A9/30/20257,969432393511N/A6/30/20257,904445345471N/A3/31/20258,029406544671N/A12/31/20248,155368742872N/A9/30/20248,178374758871N/A6/30/20248,201380773870N/A3/31/20248,092439552653N/A12/31/20237,984499330437N/A6/30/20236,890432-132-8N/A3/31/20235,802379-6041N/A12/31/20224,7153261390N/A6/30/20223,379249191242N/A3/31/20223,370249160209N/A12/31/20213,361249129176N/A9/30/20213,52927482121N/A6/30/20213,6982983466N/A3/31/20213,50821789119N/A12/31/20203,318137143173N/A9/30/20203,30958139174N/A6/30/20203,299-21135176N/A3/31/20203,5492267113N/A12/31/20193,79965-149N/A9/30/20193,65863N/A37N/A6/30/20193,51861N/A24N/A3/31/20193,55048N/A265N/A12/31/20183,58134N/A505N/A9/30/20183,60863N/A550N/A6/30/20183,63692N/A595N/A3/31/20183,54680N/A359N/A12/31/20173,45568N/A123N/A6/30/20171,64013N/A41N/A3/31/20172,40352N/A111N/A12/31/20163,16691N/A182N/A9/30/20166,364132N/A405N/A6/30/20166,255191N/A422N/A3/31/20166,145180N/A372N/A12/31/20156,035170N/A321N/A6/30/20155,67973N/A256N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: DIE 의 연간 예상 수익 증가율(20%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: DIE 의 연간 수익(20%)이 Belgian 시장(13.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: DIE 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: DIE 의 수익(연간 3%)이 Belgian 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: DIE 의 수익(연간 3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: DIE의 자본 수익률은 3년 후 29%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 08:08종가2026/05/21 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 소스D'Ieteren Group SA는 12명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관James Rowland ClarkBarclaysGaurav JainBarclaysWilliam KirknessBernstein9명의 분석가 더 보기
Major Estimate Revision • May 15Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.07b to €9.12b. EPS estimate unchanged from €10.08 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €209 unchanged from last update. Share price was steady at €179 over the past week.
Major Estimate Revision • Mar 25Consensus revenue estimates increase by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.15b to €9.52b. EPS estimate unchanged from €9.98 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at €206. Share price rose 4.3% to €171 over the past week.
Major Estimate Revision • Oct 04Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €8.10b. EPS estimate fell from €11.77 to €7.91 per share. Net income forecast to grow 36% next year vs 19% growth forecast for Retail Distributors industry in Belgium. Consensus price target down from €263 to €246. Share price fell 3.3% to €190 over the past week.
Major Estimate Revision • Aug 13Consensus revenue estimates increase by 24%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €9.88b. EPS estimate unchanged from €11.92 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at €264. Share price rose 4.8% to €206 over the past week.
Price Target Changed • Apr 30Price target increased by 7.7% to €253Up from €235, the current price target is an average from 5 analysts. New target price is 25% above last closing price of €203. Stock is up 22% over the past year. The company is forecast to post earnings per share of €12.17 for next year compared to €9.41 last year.
Price Target Changed • Apr 05Price target increased by 8.4% to €246Up from €227, the current price target is an average from 5 analysts. New target price is 19% above last closing price of €207. Stock is up 20% over the past year. The company is forecast to post earnings per share of €12.49 for next year compared to €9.41 last year.
공시 • May 15D'Ieteren Group SA to Report Fiscal Year 2026 Results on Mar 10, 2027D'Ieteren Group SA announced that they will report fiscal year 2026 results on Mar 10, 2027
Reported Earnings • Apr 26Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: €7.94 (up from €6.94 in FY 2024). Revenue: €8.03b (down 1.5% from FY 2024). Net income: €419.5m (up 14% from FY 2024). Profit margin: 5.2% (up from 4.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Mar 12Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: €7.94 (up from €6.94 in FY 2024). Revenue: €8.03b (down 1.5% from FY 2024). Net income: €424.5m (up 15% from FY 2024). Profit margin: 5.3% (up from 4.5% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
분석 기사 • Feb 12What Is D'Ieteren Group SA's (EBR:DIE) Share Price Doing?Let's talk about the popular D'Ieteren Group SA ( EBR:DIE ). The company's shares received a lot of attention from a...
공시 • Dec 26D'Ieteren Group SA to Report First Half, 2026 Results on Sep 09, 2026D'Ieteren Group SA announced that they will report first half, 2026 results on Sep 09, 2026
분석 기사 • Dec 25Investors Still Waiting For A Pull Back In D'Ieteren Group SA (EBR:DIE)D'Ieteren Group SA's ( EBR:DIE ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell right now...
분석 기사 • Oct 16At €156, Is It Time To Put D'Ieteren Group SA (EBR:DIE) On Your Watch List?D'Ieteren Group SA ( EBR:DIE ), is not the largest company out there, but it saw significant share price movement...
Reported Earnings • Sep 05First half 2025 earnings released: EPS: €4.61 (vs €3.14 in 1H 2024)First half 2025 results: EPS: €4.61 (up from €3.14 in 1H 2024). Revenue: €4.05b (down 5.8% from 1H 2024). Net income: €243.8m (up 46% from 1H 2024). Profit margin: 6.0% (up from 3.9% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 31D'Ieteren Group SA's (EBR:DIE) Price In Tune With EarningsD'Ieteren Group SA's ( EBR:DIE ) price-to-earnings (or "P/E") ratio of 26.7x might make it look like a strong sell...
분석 기사 • Jun 20Is It Time To Consider Buying D'Ieteren Group SA (EBR:DIE)?D'Ieteren Group SA ( EBR:DIE ) saw a decent share price growth of 18% on the ENXTBR over the last few months...
공시 • Jun 12D'Ieteren Group SA to Report Fiscal Year 2025 Results on Mar 10, 2026D'Ieteren Group SA announced that they will report fiscal year 2025 results on Mar 10, 2026
Declared Dividend • May 28Final dividend of €1.12 announcedShareholders will receive a dividend of €1.12. Ex-date: 10th June 2025 Payment date: 12th June 2025 Dividend yield will be 29%, which is higher than the industry average of 2.4%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 11%.
공시 • May 27D'Ieteren Group SA announces Annual dividend, payable on June 12, 2025D'Ieteren Group SA announced Annual dividend of EUR 1.1200 per share payable on June 12, 2025, ex-date on June 10, 2025 and record date on June 11, 2025.
Major Estimate Revision • May 15Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.07b to €9.12b. EPS estimate unchanged from €10.08 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 30% next year. Consensus price target of €209 unchanged from last update. Share price was steady at €179 over the past week.
Reported Earnings • Apr 30Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.94 (down from €9.41 in FY 2023). Revenue: €8.15b (up 2.1% from FY 2023). Net income: €367.8m (down 26% from FY 2023). Profit margin: 4.5% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 28High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Charles-Antoine Leunen 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.
Major Estimate Revision • Mar 25Consensus revenue estimates increase by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €8.15b to €9.52b. EPS estimate unchanged from €9.98 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at €206. Share price rose 4.3% to €171 over the past week.
Reported Earnings • Mar 11Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.94 (down from €9.41 in FY 2023). Revenue: €8.15b (up 2.1% from FY 2023). Net income: €372.1m (down 25% from FY 2023). Profit margin: 4.6% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 05New 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 Belgian stocks, typically moving 6.6% 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. This is currently the only risk that has been identified for the company.
공시 • Feb 12D'Ieteren Group SA to Report First Half, 2025 Results on Sep 03, 2025D'Ieteren Group SA announced that they will report first half, 2025 results on Sep 03, 2025
New Risk • Dec 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 3.7% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €160, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 9x in the Retail Distributors industry in Europe. Total returns to shareholders of 28% over the past three years.
Major Estimate Revision • Oct 04Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €8.10b. EPS estimate fell from €11.77 to €7.91 per share. Net income forecast to grow 36% next year vs 19% growth forecast for Retail Distributors industry in Belgium. Consensus price target down from €263 to €246. Share price fell 3.3% to €190 over the past week.
공시 • Sep 11D'Ieteren Group SA Proposes Extraordinary DividendD'Ieteren Group SA proposed extraordinary dividend of EUR 74.00 per share as a reward group shareholders for their continued support after the value creation in the recent years.
Reported Earnings • Sep 11First half 2024 earnings released: EPS: €3.11 (vs €5.39 in 1H 2023)First half 2024 results: EPS: €3.11 (down from €5.39 in 1H 2023). Revenue: €4.30b (up 5.3% from 1H 2023). Net income: €166.6m (down 42% from 1H 2023). Profit margin: 3.9% (down from 7.0% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.
Major Estimate Revision • Aug 13Consensus revenue estimates increase by 24%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €8.00b to €9.88b. EPS estimate unchanged from €11.92 at last update. Retail Distributors industry in Belgium expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at €264. Share price rose 4.8% to €206 over the past week.
Declared Dividend • Jun 06Dividend of €2.63 announcedShareholders will receive a dividend of €2.63. Ex-date: 11th June 2024 Payment date: 13th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 17% 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. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 15D'Ieteren Group SA to Report Fiscal Year 2024 Results on Mar 10, 2025D'Ieteren Group SA announced that they will report fiscal year 2024 results on Mar 10, 2025
Price Target Changed • Apr 30Price target increased by 7.7% to €253Up from €235, the current price target is an average from 5 analysts. New target price is 25% above last closing price of €203. Stock is up 22% over the past year. The company is forecast to post earnings per share of €12.17 for next year compared to €9.41 last year.
Price Target Changed • Apr 05Price target increased by 8.4% to €246Up from €227, the current price target is an average from 5 analysts. New target price is 19% above last closing price of €207. Stock is up 20% over the past year. The company is forecast to post earnings per share of €12.49 for next year compared to €9.41 last year.
Reported Earnings • Mar 07Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €9.41 (up from €6.23 in FY 2022). Revenue: €7.98b (up 69% from FY 2022). Net income: €498.8m (up 50% from FY 2022). Profit margin: 6.2% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.2%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 35% per year.
공시 • Dec 15D'Ieteren Group SA to Report First Half, 2024 Results on Sep 10, 2024D'Ieteren Group SA announced that they will report first half, 2024 results on Sep 10, 2024
Major Estimate Revision • Sep 26Consensus revenue estimates increase by 20%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €9.62b to €11.6b. EPS estimate fell from €10.83 to €10.28. Net income forecast to grow 61% next year vs 13% growth forecast for Retail Distributors industry in Belgium. Consensus price target of €227 unchanged from last update. Share price was steady at €158 over the past week.
Major Estimate Revision • Sep 15Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €11.2b to €9.62b. EPS estimate unchanged from €10.83 per share at last update. Retail Distributors industry in Belgium expected to see average net income growth of 16% next year. Consensus price target broadly unchanged at €227. Share price rose 4.1% to €164 over the past week.
Reported Earnings • Sep 11First half 2023 earnings released: EPS: €5.33 (vs €3.59 in 1H 2022)First half 2023 results: EPS: €5.33 (up from €3.59 in 1H 2022). Revenue: €4.09b (up 114% from 1H 2022). Net income: €285.9m (up 49% from 1H 2022). Profit margin: 7.0% (down from 10.0% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 45% per year.
공시 • May 31D'Ieteren Group SA to Report Fiscal Year 2023 Results on Mar 05, 2024D'Ieteren Group SA announced that they will report fiscal year 2023 results on Mar 05, 2024
Upcoming Dividend • May 30Upcoming dividend of €2.10 per share at 1.8% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Belgian dividend payers (6.8%). Lower than average of industry peers (2.5%).
공시 • May 26D'Ieteren Group SA, Annual General Meeting, May 25, 2023D'Ieteren Group SA, Annual General Meeting, May 25, 2023, at 15:00 Central European Standard Time. Agenda: To propose a gross ordinary dividend of share to its shareholders; to approve the appointments as Independent Directors, of Allegra Patrizi Unipersonnelle, represented by Mrs Allegra Patrizi, of LSIM SA, represented by Mr Wolfgang de Limburg Stirum, and of Diligencia Consult SRL, represented by Mrs Diane Govaerts.
Reported Earnings • Mar 12Full year 2022 earnings released: EPS: €6.24 (vs €4.75 in FY 2021)Full year 2022 results: EPS: €6.24 (up from €4.75 in FY 2021). Revenue: €4.71b (up 40% from FY 2021). Net income: €335.7m (up 32% from FY 2021). Profit margin: 7.1% (down from 7.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Cécile Bonnefond was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Major Estimate Revision • Oct 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €7.62 to €9.16. Revenue forecast unchanged at €3.98b. Net income forecast to grow 79% next year vs 18% growth forecast for Retail Distributors industry in Belgium. Consensus price target broadly unchanged at €207. Share price rose 4.5% to €145 over the past week.
Reported Earnings • Sep 07First half 2022 earnings released: EPS: €3.55 (vs €3.43 in 1H 2021)First half 2022 results: EPS: €3.55 (up from €3.43 in 1H 2021). Revenue: €1.91b (up 1.0% from 1H 2021). Net income: €191.6m (up 4.8% from 1H 2021). Profit margin: 10.0% (in line with 1H 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Retail Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
공시 • Jul 19D'Ieteren Group SA to Report First Half, 2023 Results on Sep 07, 2023D'Ieteren Group SA announced that they will report first half, 2023 results on Sep 07, 2023
Upcoming Dividend • May 31Upcoming dividend of €1.47 per shareEligible shareholders must have bought the stock before 07 June 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Belgian dividend payers (5.7%). Lower than average of industry peers (2.0%).
Major Estimate Revision • May 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €7.16 to €8.25. Revenue forecast steady at €3.98b. Net income forecast to grow 61% next year vs 32% growth forecast for Retail Distributors industry in Belgium. Consensus price target up from €197 to €209. Share price fell 5.5% to €148 over the past week.
Reported Earnings • Apr 27Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €4.75 (up from €2.56 in FY 2020). Revenue: €3.36b (up 1.3% from FY 2020). Net income: €253.5m (up 85% from FY 2020). Profit margin: 7.5% (up from 4.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 23%, compared to a 16% growth forecast for the retail industry in Belgium. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Cécile Bonnefond was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 24Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €4.75 (up from €2.56 in FY 2020). Revenue: €3.36b (up 1.3% from FY 2020). Net income: €253.5m (up 85% from FY 2020). Profit margin: 7.5% (up from 4.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the retail industry in Belgium. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 consensus EPS increased from €7.16 to €8.14. Revenues were reaffirmed at €4.12b. Net income forecast to grow 52% next year vs 43% growth forecast for Retail Distributors industry in Belgium. Consensus price target broadly unchanged at €197. Share price rose 7.1% to €153 over the past week.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €118, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Retail Distributors industry in Europe. Total returns to shareholders of 239% over the past three years.
Reported Earnings • Sep 05First half 2021 earnings released: EPS €3.39 (vs €0.39 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.89b (up 25% from 1H 2020). Net income: €182.8m (up €162.2m from 1H 2020). Profit margin: 9.7% (up from 1.4% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improved over the past weekAfter last week's 24% share price gain to €134, the stock trades at a trailing P/E ratio of 51.2x. Average forward P/E is 16x in the Retail Distributors industry in Europe. Total returns to shareholders of 273% over the past three years.
Price Target Changed • Jul 13Price target increased to €166Up from €128, the current price target is provided by 1 analyst. New target price is 51% above last closing price of €110. Stock is up 119% over the past year.
Upcoming Dividend • May 25Upcoming dividend of €0.94 per shareEligible shareholders must have bought the stock before 01 June 2021. Payment date: 03 June 2021. Trailing yield: 1.5%. Lower than top quartile of Belgian dividend payers (4.6%). Higher than average of industry peers (1.2%).