View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsTIM 과거 순이익 실적과거 기준 점검 2/6TIM은 연평균 23.7%의 비율로 수입이 증가해 온 반면, Trade Distributors 산업은 수입이 0.7% 증가했습니다. 매출은 연평균 13%의 비율로 증가했습니다. TIM의 자기자본이익률은 6.2%이고 순이익률은 1.3%입니다.핵심 정보23.75%순이익 성장률23.79%주당순이익(EPS) 성장률Trade Distributors 산업 성장률41.65%매출 성장률12.98%자기자본이익률6.23%순이익률1.33%다음 순이익 업데이트19 Sep 2024최근 과거 실적 업데이트공시 • Jan 17+ 2 more updatesTIM S.A. to Report Q3, 2024 Results on Nov 21, 2024TIM S.A. announced that they will report Q3, 2024 results on Nov 21, 2024Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.19 (vs zł0.72 in 3Q 2022)Third quarter 2023 results: EPS: zł0.19 (down from zł0.72 in 3Q 2022). Revenue: zł360.7m (down 1.0% from 3Q 2022). Net income: zł4.24m (down 74% from 3Q 2022). Profit margin: 1.2% (down from 4.4% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.Reported Earnings • Sep 20Second quarter 2023 earnings released: EPS: zł0.82 (vs zł1.31 in 2Q 2022)Second quarter 2023 results: EPS: zł0.82 (down from zł1.31 in 2Q 2022). Revenue: zł353.6m (down 2.5% from 2Q 2022). Net income: zł18.2m (down 38% from 2Q 2022). Profit margin: 5.1% (down from 8.0% in 2Q 2022).Reported Earnings • May 31First quarter 2023 earnings released: EPS: zł0.66 (vs zł1.41 in 1Q 2022)First quarter 2023 results: EPS: zł0.66 (down from zł1.41 in 1Q 2022). Revenue: zł379.3m (down 7.5% from 1Q 2022). Net income: zł14.7m (down 53% from 1Q 2022). Profit margin: 3.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by lower revenue.공시 • Feb 20TIM S.A. to Report Q3, 2023 Results on Nov 22, 2023TIM S.A. announced that they will report Q3, 2023 results on Nov 22, 2023공시 • Feb 03+ 2 more updatesTIM S.A. to Report First Half, 2023 Results on Sep 20, 2023TIM S.A. announced that they will report first half, 2023 results on Sep 20, 2023모든 업데이트 보기Recent updates공시 • Feb 02Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others.Fega & Schmitt ElektrogroßHandel Gmbh agreed to acquire TIM S.A. from Krzysztof Folta and others for PLN 1.1 billion on March 24, 2023. The Offer price will be PLN 50.69, representing a premium of 34.1%, 51.7% and 67.0% to the last closing price. Transaction comprises acquiring also 3LP S.A., TIM’s subsidiary. It was further agreed that the composition of the boards of directors of TIM and 3LP would remain unchanged to allow them to continue the implementation of their existing strategies with the support of the Würth Group. If, as a result of the Offer, the threshold of at least 95% of the total number of votes at the general meeting is achieved, the Offeror intends to announce a squeeze-out of the shares. The offer will open from September 28, 2023, and will close on October 27, 2023. As of October 20, 2023, Fega + Schmitt Elektrogroßhandel Extends Tender Offer For Tim Shares till December 6, 2023. As of November 29, 2023, Fega & Schmitt are extending their tender offer for shares of electrical equipment distributor TIM until December 29, 2023. The share purchase transaction on the Warsaw Stock Exchange is scheduled for January 4, 2024, with the settlement expected to take place on January 9, 2024. The transaction was subject to the approval of the responsible competition authorities. On January 25, 2024, UOKiK Tomasz Chróstny has granted conditional approval and a condition acceptable to the buyer. Anna Romaniuk, Jacek Jarosz, Michal Michalak and Maksymilan Przeczek of mInvestment Banking S.A. acted as financial advisor to TIM S.A. DLA Piper Gizinski Kycia sp. k. acted as legal advisor to TIM S.A. mBank S.A. (WSE:MBK) acted as financial advisor to TIM S.A. BNP Paribas Bank Polska Spolka Akcyjna acted as financial advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Marek Swiatkowski, Piotr Jackowski, and Maciej Goszczyk of Domanski Zakrzewski Palinka sp. k. acted as legal advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Ernst & Young Global Limited acted as accountant to Fega & Schmitt ElektrogroßHandel Gmbh. Santander Bank Polska S.A. – Santander Biuro Maklerskie acts as intermediary broker and transaction advisor under the tender offer for Fega & Schmitt ElektrogroßHandel Gmbh. KPMG Advisory Sp. z o.o. appointed as Fairness Opinion provider by Management Board of TIM. Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others on January 31, 2024. W.EG intends to conduct a public squeeze-out, followed by delisting the company from Warsaw Stock Exchange.공시 • Jan 17+ 2 more updatesTIM S.A. to Report Q3, 2024 Results on Nov 21, 2024TIM S.A. announced that they will report Q3, 2024 results on Nov 21, 2024Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.19 (vs zł0.72 in 3Q 2022)Third quarter 2023 results: EPS: zł0.19 (down from zł0.72 in 3Q 2022). Revenue: zł360.7m (down 1.0% from 3Q 2022). Net income: zł4.24m (down 74% from 3Q 2022). Profit margin: 1.2% (down from 4.4% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.Reported Earnings • Sep 20Second quarter 2023 earnings released: EPS: zł0.82 (vs zł1.31 in 2Q 2022)Second quarter 2023 results: EPS: zł0.82 (down from zł1.31 in 2Q 2022). Revenue: zł353.6m (down 2.5% from 2Q 2022). Net income: zł18.2m (down 38% from 2Q 2022). Profit margin: 5.1% (down from 8.0% in 2Q 2022).공시 • Jun 02TIM S.A., Annual General Meeting, Jun 27, 2023TIM S.A., Annual General Meeting, Jun 27, 2023, at 10:00 Central European Standard Time.Reported Earnings • May 31First quarter 2023 earnings released: EPS: zł0.66 (vs zł1.41 in 1Q 2022)First quarter 2023 results: EPS: zł0.66 (down from zł1.41 in 1Q 2022). Revenue: zł379.3m (down 7.5% from 1Q 2022). Net income: zł14.7m (down 53% from 1Q 2022). Profit margin: 3.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €10.28, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Trade Distributors industry in Germany. Total returns to shareholders of 53% over the past year.공시 • Feb 20TIM S.A. to Report Q3, 2023 Results on Nov 22, 2023TIM S.A. announced that they will report Q3, 2023 results on Nov 22, 2023공시 • Feb 03+ 2 more updatesTIM S.A. to Report First Half, 2023 Results on Sep 20, 2023TIM S.A. announced that they will report first half, 2023 results on Sep 20, 2023Upcoming Dividend • Dec 08Upcoming dividend of zł1.35 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).Reported Earnings • Nov 28Third quarter 2022 earnings released: EPS: zł0.72 (vs zł1.12 in 3Q 2021)Third quarter 2022 results: EPS: zł0.72 (down from zł1.12 in 3Q 2021). Revenue: zł364.4m (up 4.7% from 3Q 2021). Net income: zł16.0m (down 36% from 3Q 2021). Profit margin: 4.4% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Sep 24Second quarter 2022 earnings released: EPS: zł1.31 (vs zł1.40 in 2Q 2021)Second quarter 2022 results: EPS: zł1.31 (down from zł1.40 in 2Q 2021). Revenue: zł362.5m (up 11% from 2Q 2021). Net income: zł29.1m (down 6.7% from 2Q 2021). Profit margin: 8.0% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to €5.80, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 22% over the past year.Upcoming Dividend • Jul 19Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 11 August 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.87, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 20% over the past year.Buying Opportunity • May 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €9.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 3.3% in the next year.Reported Earnings • May 01Full year 2021 earnings released: EPS: zł4.14 (vs zł1.67 in FY 2020)Full year 2021 results: EPS: zł4.14 (up from zł1.67 in FY 2020). Revenue: zł1.31b (up 23% from FY 2020). Net income: zł91.8m (up 147% from FY 2020). Profit margin: 7.0% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 23% share price gain to €6.66, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 19x in the Trade Distributors industry in Germany. Total returns to shareholders of 76% over the past year.Buying Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be zł8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has grown by 68% per annum over the last 3 years.공시 • Jan 30+ 3 more updatesTIM S.A. to Report Q3, 2022 Results on Nov 23, 2022TIM S.A. announced that they will report Q3, 2022 results on Nov 23, 2022Upcoming Dividend • Dec 08Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.2%).Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: zł1.12 (up from zł0.47 in 3Q 2020). Revenue: zł348.2m (up 30% from 3Q 2020). Net income: zł24.9m (up 138% from 3Q 2020). Profit margin: 7.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%.Reported Earnings • Sep 23Second quarter 2021 earnings released: EPS zł1.33 (vs zł0.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł328.0m (up 29% from 2Q 2020). Net income: zł29.6m (up 233% from 2Q 2020). Profit margin: 9.0% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue.공시 • May 07IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM).IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM) on May 5, 2021. Post completion, TIM S.A. (WSE:TIM) will hold 49% stake in FiberCo Soluções de Infraestrutura Ltda. FiberCo's initial asset base will consist of TIM's secondary network infrastructure contribution covering approximately 6.4 million households, of which 3.5 million are FTTH and 3.5 million FTTC. In addition, other assets, contracts and employees will be transferred to FiberCo, all exclusively related to its activities. These transfers will only take place after the agreement is approved by the competent authorities. The transaction is subject to the fulfillment of certain preceding conditions, including, among others, the contribution of assets described above and the obtaining of authorizations from the competent authorities, such as the Agência Nacional de Telecomunicações - Anatel and the Conselho Administrativo de Defesa Econômica - CADE. TIM expects to use the proceeds of this transaction to help meeting its investment obligations, such as the acquisition of Oi Mobile's assets.Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł1.67 (vs zł0.88 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł1.06b (up 20% from FY 2019). Net income: zł37.1m (up 90% from FY 2019). Profit margin: 3.5% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł5.58, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Trade Distributors industry in Germany.매출 및 비용 세부 내역TIM가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:7G2 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비31 Mar 241,41719239031 Dec 231,45155200030 Sep 231,48063197030 Jun 231,48475194031 Mar 231,49386192031 Dec 221,523102186030 Sep 221,50199181030 Jun 221,484107173031 Mar 221,450110165031 Dec 211,31492156030 Sep 211,25487148030 Jun 211,17472143031 Mar 211,09950137031 Dec 201,06537132030 Sep 201,00425126030 Jun 2096621121031 Mar 2092316113031 Dec 1989020111030 Sep 1987118110030 Jun 1985617110031 Mar 1984417112031 Dec 1883015110030 Sep 1881010107030 Jun 187836103031 Mar 18750097031 Dec 17719-494030 Sep 17698-492030 Jun 17686-787031 Mar 17683-483031 Dec 16667280030 Sep 16652874030 Jun 166301172031 Mar 16600970031 Dec 15576569030 Sep 15557-1373030 Jun 15559-1576031 Mar 15550-1677031 Dec 14529-2277030 Sep 14502-970030 Jun 14455-966031 Mar 14412-1061031 Dec 13383-656030 Sep 13368-554030 Jun 13346-3530양질의 수익: 7G2는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 7G2의 현재 순 이익률 (1.3%)은 지난해 (5.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 7G2의 수익은 지난 5년 동안 연평균 23.7%로 크게 증가했습니다.성장 가속화: 7G2은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 7G2은 지난 1년 동안 수익이 감소(-78.1%)하여 Trade Distributors 업계 평균(2.8%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 7G2의 자본 수익률(6.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/06/06 09:01종가2024/03/15 00:00수익2024/03/31연간 수익2023/12/31데이터 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 소스TIM S.A.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kamil KliszczBiuro maklerskie mBankuMichal SztablerPKO BP Securities
공시 • Jan 17+ 2 more updatesTIM S.A. to Report Q3, 2024 Results on Nov 21, 2024TIM S.A. announced that they will report Q3, 2024 results on Nov 21, 2024
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.19 (vs zł0.72 in 3Q 2022)Third quarter 2023 results: EPS: zł0.19 (down from zł0.72 in 3Q 2022). Revenue: zł360.7m (down 1.0% from 3Q 2022). Net income: zł4.24m (down 74% from 3Q 2022). Profit margin: 1.2% (down from 4.4% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • Sep 20Second quarter 2023 earnings released: EPS: zł0.82 (vs zł1.31 in 2Q 2022)Second quarter 2023 results: EPS: zł0.82 (down from zł1.31 in 2Q 2022). Revenue: zł353.6m (down 2.5% from 2Q 2022). Net income: zł18.2m (down 38% from 2Q 2022). Profit margin: 5.1% (down from 8.0% in 2Q 2022).
Reported Earnings • May 31First quarter 2023 earnings released: EPS: zł0.66 (vs zł1.41 in 1Q 2022)First quarter 2023 results: EPS: zł0.66 (down from zł1.41 in 1Q 2022). Revenue: zł379.3m (down 7.5% from 1Q 2022). Net income: zł14.7m (down 53% from 1Q 2022). Profit margin: 3.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by lower revenue.
공시 • Feb 20TIM S.A. to Report Q3, 2023 Results on Nov 22, 2023TIM S.A. announced that they will report Q3, 2023 results on Nov 22, 2023
공시 • Feb 03+ 2 more updatesTIM S.A. to Report First Half, 2023 Results on Sep 20, 2023TIM S.A. announced that they will report first half, 2023 results on Sep 20, 2023
공시 • Feb 02Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others.Fega & Schmitt ElektrogroßHandel Gmbh agreed to acquire TIM S.A. from Krzysztof Folta and others for PLN 1.1 billion on March 24, 2023. The Offer price will be PLN 50.69, representing a premium of 34.1%, 51.7% and 67.0% to the last closing price. Transaction comprises acquiring also 3LP S.A., TIM’s subsidiary. It was further agreed that the composition of the boards of directors of TIM and 3LP would remain unchanged to allow them to continue the implementation of their existing strategies with the support of the Würth Group. If, as a result of the Offer, the threshold of at least 95% of the total number of votes at the general meeting is achieved, the Offeror intends to announce a squeeze-out of the shares. The offer will open from September 28, 2023, and will close on October 27, 2023. As of October 20, 2023, Fega + Schmitt Elektrogroßhandel Extends Tender Offer For Tim Shares till December 6, 2023. As of November 29, 2023, Fega & Schmitt are extending their tender offer for shares of electrical equipment distributor TIM until December 29, 2023. The share purchase transaction on the Warsaw Stock Exchange is scheduled for January 4, 2024, with the settlement expected to take place on January 9, 2024. The transaction was subject to the approval of the responsible competition authorities. On January 25, 2024, UOKiK Tomasz Chróstny has granted conditional approval and a condition acceptable to the buyer. Anna Romaniuk, Jacek Jarosz, Michal Michalak and Maksymilan Przeczek of mInvestment Banking S.A. acted as financial advisor to TIM S.A. DLA Piper Gizinski Kycia sp. k. acted as legal advisor to TIM S.A. mBank S.A. (WSE:MBK) acted as financial advisor to TIM S.A. BNP Paribas Bank Polska Spolka Akcyjna acted as financial advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Marek Swiatkowski, Piotr Jackowski, and Maciej Goszczyk of Domanski Zakrzewski Palinka sp. k. acted as legal advisor to Fega & Schmitt ElektrogroßHandel Gmbh. Ernst & Young Global Limited acted as accountant to Fega & Schmitt ElektrogroßHandel Gmbh. Santander Bank Polska S.A. – Santander Biuro Maklerskie acts as intermediary broker and transaction advisor under the tender offer for Fega & Schmitt ElektrogroßHandel Gmbh. KPMG Advisory Sp. z o.o. appointed as Fairness Opinion provider by Management Board of TIM. Fega & Schmitt ElektrogroßHandel Gmbh completed the acquisition of TIM S.A. from Krzysztof Folta and others on January 31, 2024. W.EG intends to conduct a public squeeze-out, followed by delisting the company from Warsaw Stock Exchange.
공시 • Jan 17+ 2 more updatesTIM S.A. to Report Q3, 2024 Results on Nov 21, 2024TIM S.A. announced that they will report Q3, 2024 results on Nov 21, 2024
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.19 (vs zł0.72 in 3Q 2022)Third quarter 2023 results: EPS: zł0.19 (down from zł0.72 in 3Q 2022). Revenue: zł360.7m (down 1.0% from 3Q 2022). Net income: zł4.24m (down 74% from 3Q 2022). Profit margin: 1.2% (down from 4.4% in 3Q 2022). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • Sep 20Second quarter 2023 earnings released: EPS: zł0.82 (vs zł1.31 in 2Q 2022)Second quarter 2023 results: EPS: zł0.82 (down from zł1.31 in 2Q 2022). Revenue: zł353.6m (down 2.5% from 2Q 2022). Net income: zł18.2m (down 38% from 2Q 2022). Profit margin: 5.1% (down from 8.0% in 2Q 2022).
공시 • Jun 02TIM S.A., Annual General Meeting, Jun 27, 2023TIM S.A., Annual General Meeting, Jun 27, 2023, at 10:00 Central European Standard Time.
Reported Earnings • May 31First quarter 2023 earnings released: EPS: zł0.66 (vs zł1.41 in 1Q 2022)First quarter 2023 results: EPS: zł0.66 (down from zł1.41 in 1Q 2022). Revenue: zł379.3m (down 7.5% from 1Q 2022). Net income: zł14.7m (down 53% from 1Q 2022). Profit margin: 3.9% (down from 7.6% in 1Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €10.28, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Trade Distributors industry in Germany. Total returns to shareholders of 53% over the past year.
공시 • Feb 20TIM S.A. to Report Q3, 2023 Results on Nov 22, 2023TIM S.A. announced that they will report Q3, 2023 results on Nov 22, 2023
공시 • Feb 03+ 2 more updatesTIM S.A. to Report First Half, 2023 Results on Sep 20, 2023TIM S.A. announced that they will report first half, 2023 results on Sep 20, 2023
Upcoming Dividend • Dec 08Upcoming dividend of zł1.35 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).
Reported Earnings • Nov 28Third quarter 2022 earnings released: EPS: zł0.72 (vs zł1.12 in 3Q 2021)Third quarter 2022 results: EPS: zł0.72 (down from zł1.12 in 3Q 2021). Revenue: zł364.4m (up 4.7% from 3Q 2021). Net income: zł16.0m (down 36% from 3Q 2021). Profit margin: 4.4% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Sep 24Second quarter 2022 earnings released: EPS: zł1.31 (vs zł1.40 in 2Q 2021)Second quarter 2022 results: EPS: zł1.31 (down from zł1.40 in 2Q 2021). Revenue: zł362.5m (up 11% from 2Q 2021). Net income: zł29.1m (down 6.7% from 2Q 2021). Profit margin: 8.0% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to €5.80, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 22% over the past year.
Upcoming Dividend • Jul 19Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 11 August 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.87, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 12x in the Trade Distributors industry in Germany. Total loss to shareholders of 20% over the past year.
Buying Opportunity • May 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €9.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 3.3% in the next year.
Reported Earnings • May 01Full year 2021 earnings released: EPS: zł4.14 (vs zł1.67 in FY 2020)Full year 2021 results: EPS: zł4.14 (up from zł1.67 in FY 2020). Revenue: zł1.31b (up 23% from FY 2020). Net income: zł91.8m (up 147% from FY 2020). Profit margin: 7.0% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.6% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 23% share price gain to €6.66, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 19x in the Trade Distributors industry in Germany. Total returns to shareholders of 76% over the past year.
Buying Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be zł8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% per annum over the last 3 years. Earnings per share has grown by 68% per annum over the last 3 years.
공시 • Jan 30+ 3 more updatesTIM S.A. to Report Q3, 2022 Results on Nov 23, 2022TIM S.A. announced that they will report Q3, 2022 results on Nov 23, 2022
Upcoming Dividend • Dec 08Upcoming dividend of zł1.20 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: zł1.12 (up from zł0.47 in 3Q 2020). Revenue: zł348.2m (up 30% from 3Q 2020). Net income: zł24.9m (up 138% from 3Q 2020). Profit margin: 7.2% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%.
Reported Earnings • Sep 23Second quarter 2021 earnings released: EPS zł1.33 (vs zł0.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł328.0m (up 29% from 2Q 2020). Net income: zł29.6m (up 233% from 2Q 2020). Profit margin: 9.0% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue.
공시 • May 07IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM).IHS Fiber Brasil - Cessao de Infraestruturas Ltda entered into an agreement to acquire 51% stake in FiberCo Soluções de Infraestrutura Ltda. from TIM S.A. (WSE:TIM) on May 5, 2021. Post completion, TIM S.A. (WSE:TIM) will hold 49% stake in FiberCo Soluções de Infraestrutura Ltda. FiberCo's initial asset base will consist of TIM's secondary network infrastructure contribution covering approximately 6.4 million households, of which 3.5 million are FTTH and 3.5 million FTTC. In addition, other assets, contracts and employees will be transferred to FiberCo, all exclusively related to its activities. These transfers will only take place after the agreement is approved by the competent authorities. The transaction is subject to the fulfillment of certain preceding conditions, including, among others, the contribution of assets described above and the obtaining of authorizations from the competent authorities, such as the Agência Nacional de Telecomunicações - Anatel and the Conselho Administrativo de Defesa Econômica - CADE. TIM expects to use the proceeds of this transaction to help meeting its investment obligations, such as the acquisition of Oi Mobile's assets.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł1.67 (vs zł0.88 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł1.06b (up 20% from FY 2019). Net income: zł37.1m (up 90% from FY 2019). Profit margin: 3.5% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł5.58, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Trade Distributors industry in Germany.