View Future GrowthGrammer 과거 순이익 실적과거 기준 점검 3/6Grammer은 연평균 11.8%의 비율로 수입이 증가해 온 반면, Auto Components 산업은 수입이 2.4% 감소했습니다. 매출은 연평균 1%의 비율로 감소했습니다. Grammer의 자기자본이익률은 8.1%이고 순이익률은 1.2%입니다.핵심 정보11.80%순이익 성장률12.39%주당순이익(EPS) 성장률Auto Components 산업 성장률17.28%매출 성장률-1.02%자기자본이익률8.10%순이익률1.18%다음 순이익 업데이트14 Aug 2026최근 과거 실적 업데이트Reported Earnings • May 05First quarter 2026 earnings released: EPS: €0.63 (vs €0.60 in 1Q 2025)First quarter 2026 results: EPS: €0.63 (up from €0.60 in 1Q 2025). Revenue: €462.0m (down 5.2% from 1Q 2025). Net income: €10.2m (up 14% from 1Q 2025). Profit margin: 2.2% (up from 1.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.공고 • Nov 29+ 1 more updateGrammer AG to Report Fiscal Year 2025 Results on Mar 27, 2026Grammer AG announced that they will report fiscal year 2025 results on Mar 27, 2026분석 기사 • Nov 07We Like The Quality Of Grammer's (ETR:GMM) EarningsGrammer AG ( ETR:GMM ) announced a healthy earnings result recently, and the market rewarded it with a strong uplift in...Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: €0.47 (vs €3.96 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.47 (up from €3.96 loss in 3Q 2024). Revenue: €433.2m (down 8.4% from 3Q 2024). Net income: €6.98m (up €66.3m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.공고 • Oct 12Grammer AG to Report Nine Months, 2025 Results on Oct 30, 2025Grammer AG announced that they will report nine months, 2025 results on Oct 30, 2025Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: €0.23 (vs €0.18 in 2Q 2024)Second quarter 2025 results: EPS: €0.23 (up from €0.18 in 2Q 2024). Revenue: €466.2m (down 16% from 2Q 2024). Net income: €4.10m (up 55% from 2Q 2024). Profit margin: 0.9% (up from 0.5% in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €10.70, the stock trades at a trailing P/E ratio of 7.5x. Average forward P/E is 12x in the Auto Components industry in Germany. Total loss to shareholders of 16% over the past three years.분석 기사 • Jul 11What Does Grammer AG's (ETR:GMM) Share Price Indicate?Grammer AG ( ETR:GMM ), is not the largest company out there, but it received a lot of attention from a substantial...Reported Earnings • May 05First quarter 2026 earnings released: EPS: €0.63 (vs €0.60 in 1Q 2025)First quarter 2026 results: EPS: €0.63 (up from €0.60 in 1Q 2025). Revenue: €462.0m (down 5.2% from 1Q 2025). Net income: €10.2m (up 14% from 1Q 2025). Profit margin: 2.2% (up from 1.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.공고 • Apr 13Grammer AG, Annual General Meeting, May 22, 2026Grammer AG, Annual General Meeting, May 22, 2026, at 10:00 W. Europe Standard Time.분석 기사 • Feb 04Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €7.30, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Auto Components industry in Germany. Total loss to shareholders of 43% over the past three years.New Risk • Dec 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €83.5m (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€83.5m market cap, or US$98.1m).공고 • Nov 29+ 1 more updateGrammer AG to Report Fiscal Year 2025 Results on Mar 27, 2026Grammer AG announced that they will report fiscal year 2025 results on Mar 27, 2026분석 기사 • Nov 07We Like The Quality Of Grammer's (ETR:GMM) EarningsGrammer AG ( ETR:GMM ) announced a healthy earnings result recently, and the market rewarded it with a strong uplift in...Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: €0.47 (vs €3.96 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.47 (up from €3.96 loss in 3Q 2024). Revenue: €433.2m (down 8.4% from 3Q 2024). Net income: €6.98m (up €66.3m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.공고 • Oct 12Grammer AG to Report Nine Months, 2025 Results on Oct 30, 2025Grammer AG announced that they will report nine months, 2025 results on Oct 30, 2025Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: €0.23 (vs €0.18 in 2Q 2024)Second quarter 2025 results: EPS: €0.23 (up from €0.18 in 2Q 2024). Revenue: €466.2m (down 16% from 2Q 2024). Net income: €4.10m (up 55% from 2Q 2024). Profit margin: 0.9% (up from 0.5% in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공고 • Jun 20+ 1 more updateGrammer Ag Announces Chief Financial Officer Changes, Effective June 20, 2025GRAMMER AG announced that Thomas Strobl, member of the Executive Board, will leave the company by mutual agreement on June 20, 2025. With immediate effect, Kelvin Wang will take over Thomas Strobl’s responsibilities as Group Chief Financial Officer (CFO). Kelvin Wang has been appointed to the Executive Board. Mr. Wang is an experienced and longtime financial manager in the automotive industry and has been with GRAMMER since August 2022, initially as CFO APAC and, since the beginning of this year, additionally as CFO EMEA.분석 기사 • May 16Shareholders May Not Be So Generous With Grammer AG's (ETR:GMM) CEO Compensation And Here's WhyKey Insights Grammer's Annual General Meeting to take place on 22nd of May Salary of €488.0k is part of CEO Jens...Reported Earnings • May 02First quarter 2025 earnings released: EPS: €0.60 (vs €0.43 loss in 1Q 2024)First quarter 2025 results: EPS: €0.60 (up from €0.43 loss in 1Q 2024). Revenue: €487.4m (down 12% from 1Q 2024). Net income: €9.66m (up €16.0m from 1Q 2024). Profit margin: 2.0% (up from net loss in 1Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.공고 • Apr 14Grammer AG, Annual General Meeting, May 22, 2025Grammer AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.Price Target Changed • Mar 26Price target decreased by 11% to €12.00Down from €13.50, the current price target is provided by 1 analyst. New target price is 70% above last closing price of €7.05. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.47 for next year compared to €0.12 last year.공고 • Feb 20Grammer AG Announces Chairman and Other Members of the Supervisory Board Resign PrematurelyThe Supervisory Board of GRAMMER AG is to be comprehensively re-staffed as the mandates of the current shareholder representatives on the Supervisory Board expire. Five shareholder representatives, including the Chairman of the Supervisory Board, Dr. Martin Kleinschmitt, resigned from their positions with effect as of the end of March 31, 2025, in order to pave the way for the intended new appointments ahead of schedule. The appointment of the designated successors will be requested from the competent court in a timely manner. The new members of the board are to be confirmed by the shareholders in accordance with the statutory regulation at the next Annual General Meeting of GRAMMER AG on May 22, 2025.공고 • Feb 13Grammer AG Announces Board ChangesGrammer AG announced that Jurate Keblyte, member of the Executive Board since August 1, 2019, has decided to pursue a new career path and will leave the company at her own request on March 31, 2025. The Supervisory Board has therefore complied with Jurate Keblyte’s request to terminate her Executive Board contract prematurely and has appointed Thomas Strobl to the Executive Board with effect from April 1, 2025, for an initial term of one year. Thomas Strobl has many years of experience in finance and controlling in various industries. Since January 2024, he has been interim CFO of GRAMMER’s largest region EMEA. In this role, he was significantly involved in all activities to increase efficiency, in particular the TOP10 program.공고 • Nov 22+ 1 more updateGrammer AG to Report Fiscal Year 2024 Results on Mar 28, 2025Grammer AG announced that they will report fiscal year 2024 results on Mar 28, 2025New Risk • Nov 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €93.2m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Market cap is less than US$100m (€93.2m market cap, or US$98.9m).New Risk • Aug 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: €0.45 (vs €0.24 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.45 (up from €0.24 loss in 2Q 2023). Revenue: €558.0m (down 4.4% from 2Q 2023). Net income: €3.53m (up €7.04m from 2Q 2023). Profit margin: 0.6% (up from net loss in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.분석 기사 • Aug 06Here's Why Grammer (ETR:GMM) Is Weighed Down By Its Debt LoadWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...분석 기사 • May 29We Discuss Why Grammer AG's (ETR:GMM) CEO Compensation May Be Closely ReviewedKey Insights Grammer to hold its Annual General Meeting on 4th of June Total pay for CEO Jens Ohlenschlager includes...Reported Earnings • Apr 30First quarter 2024 earnings released: €0.43 loss per share (vs €0.19 profit in 1Q 2023)First quarter 2024 results: €0.43 loss per share (down from €0.19 profit in 1Q 2023). Revenue: €556.6m (down 5.5% from 1Q 2023). Net loss: €6.36m (down 329% from profit in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 25% per year.New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).Reported Earnings • Mar 30Full year 2023 earnings released: EPS: €0.12 (vs €5.26 loss in FY 2022)Full year 2023 results: EPS: €0.12 (up from €5.26 loss in FY 2022). Revenue: €2.30b (up 6.8% from FY 2022). Net income: €2.51m (up €80.9m from FY 2022). Profit margin: 0.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.공고 • Mar 06+ 1 more updateGrammer AG to Report Q3, 2024 Results on Oct 29, 2024Grammer AG announced that they will report Q3, 2024 results on Oct 29, 2024공고 • Dec 21Grammer AG, Annual General Meeting, Jun 04, 2024Grammer AG, Annual General Meeting, Jun 04, 2024.공고 • Dec 19Grammer AG Provides Earnings Forecast for 2023Grammer AG provided earnings forecast for 2023. For the year, company expects that, the full-year forecast for operating EBIT is not achievable from today's perspective (forecast operating EBIT 2023: around EUR 70 million). Overall, however, GRAMMER AG expects operating EBIT to be significantly above the previous year's level (2022: EUR 35.5 million). However, the forecast for Group revenue of around EUR 2.2 billion is likely to be achieved.공고 • Nov 15+ 1 more updateGrammer AG to Report Q2, 2024 Results on Aug 14, 2024Grammer AG announced that they will report Q2, 2024 results on Aug 14, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: €0.037 (vs €0.65 in 3Q 2022)Third quarter 2023 results: EPS: €0.037 (down from €0.65 in 3Q 2022). Revenue: €561.9m (flat on 3Q 2022). Net income: €1.76m (down 82% from 3Q 2022). Profit margin: 0.3% (down from 1.7% in 3Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year.공고 • Oct 11Grammer AG Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023Grammer AG provided earnings guidance for the fourth quarter and full year of 2023. As in the previous year, a strong fourth quarter is again expected in 2023.Full-year forecast of Group revenue of around EUR 2.2 billion and operating EBIT of around EUR 70 million confirmed.Reported Earnings • Aug 16Second quarter 2023 earnings released: €0.90 loss per share (vs €1.14 loss in 2Q 2022)Second quarter 2023 results: €0.90 loss per share (improved from €1.14 loss in 2Q 2022). Revenue: €583.5m (up 12% from 2Q 2022). Net loss: €3.24m (loss narrowed 81% from 2Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Jul 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).분석 기사 • Jul 24Is Grammer (ETR:GMM) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Apr 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: €5.26 loss per share (down from €0.083 profit in FY 2021). Revenue: €2.16b (up 13% from FY 2021). Net loss: €77.8m (down €79.0m from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.8%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 28Price target decreased by 15% to €16.65Down from €19.50, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €13.95. Stock is down 13% over the past year. The company is forecast to post a net loss per share of €4.88 compared to earnings per share of €0.083 last year.분석 기사 • Jan 12Is Grammer (ETR:GMM) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Nov 16Price target decreased to €19.50Down from €22.00, the current price target is an average from 2 analysts. New target price is 86% above last closing price of €10.50. Stock is down 46% over the past year. The company is forecast to post a net loss per share of €0.32 compared to earnings per share of €0.083 last year.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: €0.75 (vs €0.30 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.75 (up from €0.30 loss in 3Q 2021). Revenue: €558.6m (up 29% from 3Q 2021). Net income: €10.1m (up €15.0m from 3Q 2021). Profit margin: 1.8% (up from net loss in 3Q 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.공고 • Oct 28+ 1 more updateGrammer AG to Report First Half, 2023 Results on Aug 14, 2023Grammer AG announced that they will report first half, 2023 results on Aug 14, 2023Reported Earnings • Aug 14Second quarter 2022 earnings released: €1.21 loss per share (vs €0.33 profit in 2Q 2021)Second quarter 2022 results: €1.21 loss per share (down from €0.33 profit in 2Q 2021). Revenue: €519.6m (up 11% from 2Q 2021). Net loss: €16.0m (down 416% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 3.5%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.Price Target Changed • Aug 12Price target decreased to €19.50Down from €23.50, the current price target is an average from 2 analysts. New target price is 88% above last closing price of €10.40. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.083 last year.분석 기사 • Jul 08Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: €0.53 loss per share (down from €0.88 profit in 1Q 2021). Revenue: €515.0m (up 2.2% from 1Q 2021). Net loss: €8.55m (down 165% from profit in 1Q 2021). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 3.6%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.08 (up from €5.10 loss in FY 2020). Revenue: €1.90b (up 11% from FY 2020). Net income: €1.85m (up €66.2m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 5.3%, compared to a 8.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €14.70, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 55% over the past three years.분석 기사 • Dec 06When Should You Buy Grammer AG (ETR:GMM)?Grammer AG ( ETR:GMM ), is not the largest company out there, but it saw a decent share price growth in the teens level...분석 기사 • Aug 19Shareholders Will Be Pleased With The Quality of Grammer's (ETR:GMM) EarningsEven though Grammer AG's ( ETR:GMM ) recent earnings release was robust, the market didn't seem to notice. We think...Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS €0.33 (vs €4.02 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €468.8m (up 67% from 2Q 2020). Net income: €5.06m (up €54.5m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.분석 기사 • Jun 02Is Grammer (ETR:GMM) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • May 03Is Grammer AG (ETR:GMM) Trading At A 32% Discount?How far off is Grammer AG ( ETR:GMM ) from its intrinsic value? Using the most recent financial data, we'll take a look...Reported Earnings • May 02First quarter 2021 earnings released: EPS €0.88 (vs €0.80 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €503.7m (up 11% from 1Q 2020). Net income: €13.2m (up €23.0m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 05Full year 2020 earnings released: €5.10 loss per share (vs €3.56 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.71b (down 16% from FY 2019). Net loss: €64.3m (down 247% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 03Earnings Update: Here's Why Analysts Just Lifted Their Grammer AG (ETR:GMM) Price Target To €28.25It's been a pretty great week for Grammer AG ( ETR:GMM ) shareholders, with its shares surging 16% to €25.80 in the...Is New 90 Day High Low • Feb 04New 90-day high: €24.20The company is up 41% from its price of €17.15 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €88.59 per share.분석 기사 • Jan 29Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Jan 28Price target raised to €19.25Up from €16.50, the current price target is an average from 2 analysts. The new target price is 8.3% below the current share price of €21.00. As of last close, the stock is down 31% over the past year.매출 및 비용 세부 내역Grammer가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이XTRA:GMM 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 261,79621182031 Dec 251,82121193030 Sep 251,83717147030 Jun 251,876-50189031 Mar 251,911-42182031 Dec 241,922-50176030 Sep 241,994-43230030 Jun 241,88236166031 Mar 241,96422180031 Dec 232,05523185030 Sep 232,098-45184030 Jun 232,297-54208031 Mar 232,233-68197031 Dec 222,159-78192030 Sep 222,091-27184030 Jun 221,965-42176031 Mar 221,914-20184031 Dec 211,9031180030 Sep 211,9187173030 Jun 211,94713191031 Mar 211,759-41170031 Dec 201,711-64174030 Sep 201,686-43180030 Jun 201,723-43168031 Mar 201,95922175031 Dec 192,03944175030 Sep 192,05237148030 Jun 191,98526168031 Mar 191,94123164031 Dec 181,86123157030 Sep 181,80722178030 Jun 181,80638154031 Mar 181,78331160031 Dec 171,78632160030 Sep 171,76945159030 Jun 171,74344154031 Mar 171,72852142031 Dec 161,69545141030 Sep 161,63532144030 Jun 161,57631145031 Mar 161,49921145031 Dec 151,42624130030 Sep 151,428251270양질의 수익: GMM는 고품질 수익을 보유하고 있습니다.이익 마진 증가: GMM는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: GMM는 지난 5년 동안 흑자전환하며 연평균 11.8%의 수익 성장을 기록했습니다.성장 가속화: GMM는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: GMM는 지난해 흑자전환하여 지난 해 수익 성장률을 Auto Components 업계(-3%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: GMM의 자본 수익률(8.1%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YAutomobiles 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/02 15:06종가2026/07/31 00:00수익2026/03/31연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Grammer AG는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Patrick SpeckMontega AGKlaus SchloteSolventis Wertpapierhandelsbank GmbHMarc-Rene TonnWarburg Research GmbH
Reported Earnings • May 05First quarter 2026 earnings released: EPS: €0.63 (vs €0.60 in 1Q 2025)First quarter 2026 results: EPS: €0.63 (up from €0.60 in 1Q 2025). Revenue: €462.0m (down 5.2% from 1Q 2025). Net income: €10.2m (up 14% from 1Q 2025). Profit margin: 2.2% (up from 1.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
공고 • Nov 29+ 1 more updateGrammer AG to Report Fiscal Year 2025 Results on Mar 27, 2026Grammer AG announced that they will report fiscal year 2025 results on Mar 27, 2026
분석 기사 • Nov 07We Like The Quality Of Grammer's (ETR:GMM) EarningsGrammer AG ( ETR:GMM ) announced a healthy earnings result recently, and the market rewarded it with a strong uplift in...
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: €0.47 (vs €3.96 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.47 (up from €3.96 loss in 3Q 2024). Revenue: €433.2m (down 8.4% from 3Q 2024). Net income: €6.98m (up €66.3m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
공고 • Oct 12Grammer AG to Report Nine Months, 2025 Results on Oct 30, 2025Grammer AG announced that they will report nine months, 2025 results on Oct 30, 2025
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: €0.23 (vs €0.18 in 2Q 2024)Second quarter 2025 results: EPS: €0.23 (up from €0.18 in 2Q 2024). Revenue: €466.2m (down 16% from 2Q 2024). Net income: €4.10m (up 55% from 2Q 2024). Profit margin: 0.9% (up from 0.5% in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €10.70, the stock trades at a trailing P/E ratio of 7.5x. Average forward P/E is 12x in the Auto Components industry in Germany. Total loss to shareholders of 16% over the past three years.
분석 기사 • Jul 11What Does Grammer AG's (ETR:GMM) Share Price Indicate?Grammer AG ( ETR:GMM ), is not the largest company out there, but it received a lot of attention from a substantial...
Reported Earnings • May 05First quarter 2026 earnings released: EPS: €0.63 (vs €0.60 in 1Q 2025)First quarter 2026 results: EPS: €0.63 (up from €0.60 in 1Q 2025). Revenue: €462.0m (down 5.2% from 1Q 2025). Net income: €10.2m (up 14% from 1Q 2025). Profit margin: 2.2% (up from 1.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
공고 • Apr 13Grammer AG, Annual General Meeting, May 22, 2026Grammer AG, Annual General Meeting, May 22, 2026, at 10:00 W. Europe Standard Time.
분석 기사 • Feb 04Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €7.30, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Auto Components industry in Germany. Total loss to shareholders of 43% over the past three years.
New Risk • Dec 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €83.5m (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€83.5m market cap, or US$98.1m).
공고 • Nov 29+ 1 more updateGrammer AG to Report Fiscal Year 2025 Results on Mar 27, 2026Grammer AG announced that they will report fiscal year 2025 results on Mar 27, 2026
분석 기사 • Nov 07We Like The Quality Of Grammer's (ETR:GMM) EarningsGrammer AG ( ETR:GMM ) announced a healthy earnings result recently, and the market rewarded it with a strong uplift in...
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: €0.47 (vs €3.96 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.47 (up from €3.96 loss in 3Q 2024). Revenue: €433.2m (down 8.4% from 3Q 2024). Net income: €6.98m (up €66.3m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
공고 • Oct 12Grammer AG to Report Nine Months, 2025 Results on Oct 30, 2025Grammer AG announced that they will report nine months, 2025 results on Oct 30, 2025
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: €0.23 (vs €0.18 in 2Q 2024)Second quarter 2025 results: EPS: €0.23 (up from €0.18 in 2Q 2024). Revenue: €466.2m (down 16% from 2Q 2024). Net income: €4.10m (up 55% from 2Q 2024). Profit margin: 0.9% (up from 0.5% in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공고 • Jun 20+ 1 more updateGrammer Ag Announces Chief Financial Officer Changes, Effective June 20, 2025GRAMMER AG announced that Thomas Strobl, member of the Executive Board, will leave the company by mutual agreement on June 20, 2025. With immediate effect, Kelvin Wang will take over Thomas Strobl’s responsibilities as Group Chief Financial Officer (CFO). Kelvin Wang has been appointed to the Executive Board. Mr. Wang is an experienced and longtime financial manager in the automotive industry and has been with GRAMMER since August 2022, initially as CFO APAC and, since the beginning of this year, additionally as CFO EMEA.
분석 기사 • May 16Shareholders May Not Be So Generous With Grammer AG's (ETR:GMM) CEO Compensation And Here's WhyKey Insights Grammer's Annual General Meeting to take place on 22nd of May Salary of €488.0k is part of CEO Jens...
Reported Earnings • May 02First quarter 2025 earnings released: EPS: €0.60 (vs €0.43 loss in 1Q 2024)First quarter 2025 results: EPS: €0.60 (up from €0.43 loss in 1Q 2024). Revenue: €487.4m (down 12% from 1Q 2024). Net income: €9.66m (up €16.0m from 1Q 2024). Profit margin: 2.0% (up from net loss in 1Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
공고 • Apr 14Grammer AG, Annual General Meeting, May 22, 2025Grammer AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.
Price Target Changed • Mar 26Price target decreased by 11% to €12.00Down from €13.50, the current price target is provided by 1 analyst. New target price is 70% above last closing price of €7.05. Stock is down 35% over the past year. The company is forecast to post earnings per share of €0.47 for next year compared to €0.12 last year.
공고 • Feb 20Grammer AG Announces Chairman and Other Members of the Supervisory Board Resign PrematurelyThe Supervisory Board of GRAMMER AG is to be comprehensively re-staffed as the mandates of the current shareholder representatives on the Supervisory Board expire. Five shareholder representatives, including the Chairman of the Supervisory Board, Dr. Martin Kleinschmitt, resigned from their positions with effect as of the end of March 31, 2025, in order to pave the way for the intended new appointments ahead of schedule. The appointment of the designated successors will be requested from the competent court in a timely manner. The new members of the board are to be confirmed by the shareholders in accordance with the statutory regulation at the next Annual General Meeting of GRAMMER AG on May 22, 2025.
공고 • Feb 13Grammer AG Announces Board ChangesGrammer AG announced that Jurate Keblyte, member of the Executive Board since August 1, 2019, has decided to pursue a new career path and will leave the company at her own request on March 31, 2025. The Supervisory Board has therefore complied with Jurate Keblyte’s request to terminate her Executive Board contract prematurely and has appointed Thomas Strobl to the Executive Board with effect from April 1, 2025, for an initial term of one year. Thomas Strobl has many years of experience in finance and controlling in various industries. Since January 2024, he has been interim CFO of GRAMMER’s largest region EMEA. In this role, he was significantly involved in all activities to increase efficiency, in particular the TOP10 program.
공고 • Nov 22+ 1 more updateGrammer AG to Report Fiscal Year 2024 Results on Mar 28, 2025Grammer AG announced that they will report fiscal year 2024 results on Mar 28, 2025
New Risk • Nov 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €93.2m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Market cap is less than US$100m (€93.2m market cap, or US$98.9m).
New Risk • Aug 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: €0.45 (vs €0.24 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.45 (up from €0.24 loss in 2Q 2023). Revenue: €558.0m (down 4.4% from 2Q 2023). Net income: €3.53m (up €7.04m from 2Q 2023). Profit margin: 0.6% (up from net loss in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
분석 기사 • Aug 06Here's Why Grammer (ETR:GMM) Is Weighed Down By Its Debt LoadWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
분석 기사 • May 29We Discuss Why Grammer AG's (ETR:GMM) CEO Compensation May Be Closely ReviewedKey Insights Grammer to hold its Annual General Meeting on 4th of June Total pay for CEO Jens Ohlenschlager includes...
Reported Earnings • Apr 30First quarter 2024 earnings released: €0.43 loss per share (vs €0.19 profit in 1Q 2023)First quarter 2024 results: €0.43 loss per share (down from €0.19 profit in 1Q 2023). Revenue: €556.6m (down 5.5% from 1Q 2023). Net loss: €6.36m (down 329% from profit in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 25% per year.
New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: €0.12 (vs €5.26 loss in FY 2022)Full year 2023 results: EPS: €0.12 (up from €5.26 loss in FY 2022). Revenue: €2.30b (up 6.8% from FY 2022). Net income: €2.51m (up €80.9m from FY 2022). Profit margin: 0.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
공고 • Mar 06+ 1 more updateGrammer AG to Report Q3, 2024 Results on Oct 29, 2024Grammer AG announced that they will report Q3, 2024 results on Oct 29, 2024
공고 • Dec 21Grammer AG, Annual General Meeting, Jun 04, 2024Grammer AG, Annual General Meeting, Jun 04, 2024.
공고 • Dec 19Grammer AG Provides Earnings Forecast for 2023Grammer AG provided earnings forecast for 2023. For the year, company expects that, the full-year forecast for operating EBIT is not achievable from today's perspective (forecast operating EBIT 2023: around EUR 70 million). Overall, however, GRAMMER AG expects operating EBIT to be significantly above the previous year's level (2022: EUR 35.5 million). However, the forecast for Group revenue of around EUR 2.2 billion is likely to be achieved.
공고 • Nov 15+ 1 more updateGrammer AG to Report Q2, 2024 Results on Aug 14, 2024Grammer AG announced that they will report Q2, 2024 results on Aug 14, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: €0.037 (vs €0.65 in 3Q 2022)Third quarter 2023 results: EPS: €0.037 (down from €0.65 in 3Q 2022). Revenue: €561.9m (flat on 3Q 2022). Net income: €1.76m (down 82% from 3Q 2022). Profit margin: 0.3% (down from 1.7% in 3Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year.
공고 • Oct 11Grammer AG Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023Grammer AG provided earnings guidance for the fourth quarter and full year of 2023. As in the previous year, a strong fourth quarter is again expected in 2023.Full-year forecast of Group revenue of around EUR 2.2 billion and operating EBIT of around EUR 70 million confirmed.
Reported Earnings • Aug 16Second quarter 2023 earnings released: €0.90 loss per share (vs €1.14 loss in 2Q 2022)Second quarter 2023 results: €0.90 loss per share (improved from €1.14 loss in 2Q 2022). Revenue: €583.5m (up 12% from 2Q 2022). Net loss: €3.24m (loss narrowed 81% from 2Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Jul 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
분석 기사 • Jul 24Is Grammer (ETR:GMM) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Apr 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: €5.26 loss per share (down from €0.083 profit in FY 2021). Revenue: €2.16b (up 13% from FY 2021). Net loss: €77.8m (down €79.0m from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.8%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 28Price target decreased by 15% to €16.65Down from €19.50, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €13.95. Stock is down 13% over the past year. The company is forecast to post a net loss per share of €4.88 compared to earnings per share of €0.083 last year.
분석 기사 • Jan 12Is Grammer (ETR:GMM) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Nov 16Price target decreased to €19.50Down from €22.00, the current price target is an average from 2 analysts. New target price is 86% above last closing price of €10.50. Stock is down 46% over the past year. The company is forecast to post a net loss per share of €0.32 compared to earnings per share of €0.083 last year.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: €0.75 (vs €0.30 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.75 (up from €0.30 loss in 3Q 2021). Revenue: €558.6m (up 29% from 3Q 2021). Net income: €10.1m (up €15.0m from 3Q 2021). Profit margin: 1.8% (up from net loss in 3Q 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
공고 • Oct 28+ 1 more updateGrammer AG to Report First Half, 2023 Results on Aug 14, 2023Grammer AG announced that they will report first half, 2023 results on Aug 14, 2023
Reported Earnings • Aug 14Second quarter 2022 earnings released: €1.21 loss per share (vs €0.33 profit in 2Q 2021)Second quarter 2022 results: €1.21 loss per share (down from €0.33 profit in 2Q 2021). Revenue: €519.6m (up 11% from 2Q 2021). Net loss: €16.0m (down 416% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 3.5%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
Price Target Changed • Aug 12Price target decreased to €19.50Down from €23.50, the current price target is an average from 2 analysts. New target price is 88% above last closing price of €10.40. Stock is down 57% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.083 last year.
분석 기사 • Jul 08Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: €0.53 loss per share (down from €0.88 profit in 1Q 2021). Revenue: €515.0m (up 2.2% from 1Q 2021). Net loss: €8.55m (down 165% from profit in 1Q 2021). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 3.6%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.08 (up from €5.10 loss in FY 2020). Revenue: €1.90b (up 11% from FY 2020). Net income: €1.85m (up €66.2m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 5.3%, compared to a 8.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €14.70, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 55% over the past three years.
분석 기사 • Dec 06When Should You Buy Grammer AG (ETR:GMM)?Grammer AG ( ETR:GMM ), is not the largest company out there, but it saw a decent share price growth in the teens level...
분석 기사 • Aug 19Shareholders Will Be Pleased With The Quality of Grammer's (ETR:GMM) EarningsEven though Grammer AG's ( ETR:GMM ) recent earnings release was robust, the market didn't seem to notice. We think...
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS €0.33 (vs €4.02 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €468.8m (up 67% from 2Q 2020). Net income: €5.06m (up €54.5m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
분석 기사 • Jun 02Is Grammer (ETR:GMM) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • May 03Is Grammer AG (ETR:GMM) Trading At A 32% Discount?How far off is Grammer AG ( ETR:GMM ) from its intrinsic value? Using the most recent financial data, we'll take a look...
Reported Earnings • May 02First quarter 2021 earnings released: EPS €0.88 (vs €0.80 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €503.7m (up 11% from 1Q 2020). Net income: €13.2m (up €23.0m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 05Full year 2020 earnings released: €5.10 loss per share (vs €3.56 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.71b (down 16% from FY 2019). Net loss: €64.3m (down 247% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 03Earnings Update: Here's Why Analysts Just Lifted Their Grammer AG (ETR:GMM) Price Target To €28.25It's been a pretty great week for Grammer AG ( ETR:GMM ) shareholders, with its shares surging 16% to €25.80 in the...
Is New 90 Day High Low • Feb 04New 90-day high: €24.20The company is up 41% from its price of €17.15 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €88.59 per share.
분석 기사 • Jan 29Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Jan 28Price target raised to €19.25Up from €16.50, the current price target is an average from 2 analysts. The new target price is 8.3% below the current share price of €21.00. As of last close, the stock is down 31% over the past year.