View ValuationHMS Bergbau 향후 성장Future 기준 점검 1/6HMS Bergbau 의 수익은 연간 22.5% 감소할 것으로 예상되는 반면, 연간 수익은 13.7% 로 증가할 것으로 예상됩니다. EPS는 연간 22.6% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.9% 로 예상됩니다.핵심 정보-22.5%이익 성장률-22.61%EPS 성장률Trade Distributors 이익 성장13.2%매출 성장률13.7%향후 자기자본이익률18.85%애널리스트 커버리지Low마지막 업데이트13 Jul 2026최근 향후 성장 업데이트공고 • May 30HMS Bergbau AG Provides Earnings Guidance for 2026HMS Bergbau AG provided earnings guidance for 2026. For the period, revenue is expected to increase to EUR 2.0 billion.Price Target Changed • May 29Price target increased by 9.3% to €82.50Up from €75.50, the current price target is an average from 2 analysts. New target price is 100% above last closing price of €41.30. Stock is up 33% over the past year. The company is forecast to post earnings per share of €11.95 for next year compared to €2.92 last year.모든 업데이트 보기Recent updates공고 • Jul 16HMS Bergbau AG to Report First Half, 2026 Results on Sep 30, 2026HMS Bergbau AG announced that they will report first half, 2026 results on Sep 30, 2026공고 • Jul 14HMS Bergbau AG, Annual General Meeting, Aug 20, 2026HMS Bergbau AG, Annual General Meeting, Aug 20, 2026, at 12:00 W. Europe Standard Time.Declared Dividend • Jul 03Dividend increased to €1.10Dividend of €1.10 is 4.8% higher than last year. Ex-date: 21st August 2026 Payment date: 25th August 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 129% per year over the past 4 years and payments have been stable during that time. EPS is expected to decline by 67% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range.공고 • Jul 02HMS Bergbau AG announces Annual dividend, payable on August 25, 2026HMS Bergbau AG announced Annual dividend of EUR 1.1000 per share payable on August 25, 2026, ex-date on August 21, 2026 and record date on August 24, 2026.Reported Earnings • Jul 01Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: €12.06 (up from €3.08 in FY 2024). Revenue: €1.22b (down 10% from FY 2024). Net income: €54.8m (up 292% from FY 2024). Profit margin: 4.5% (up from 1.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.공고 • May 30HMS Bergbau AG Provides Earnings Guidance for 2026HMS Bergbau AG provided earnings guidance for 2026. For the period, revenue is expected to increase to EUR 2.0 billion.Price Target Changed • May 29Price target increased by 9.3% to €82.50Up from €75.50, the current price target is an average from 2 analysts. New target price is 100% above last closing price of €41.30. Stock is up 33% over the past year. The company is forecast to post earnings per share of €11.95 for next year compared to €2.92 last year.공고 • Jan 30HMS Bergbau AG (XTRA:HMU) completed the acquisition of 51% stake in Maatla Resources (Pty.) Ltd.HMS Bergbau AG (XTRA:HMU) acquired 51% stake in Maatla Resources (Pty.) Ltd for €0.002 million on April 20, 2021. As of June 2022, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.0002 million ; the acquisition was still subject to conditions precedent as at December 31, 2021. As of May 2023, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2022. As of May 30, 2024, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2023. As of May 30, 2025, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2024. As of September 24, 2025, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at June 30, 2025. HMS Bergbau AG (XTRA:HMU) completed the acquisition of 51% stake in Maatla Resources (Pty.) Ltd on January 29, 2026.공고 • Aug 17HMS Bergbau AG Approves Board ChangesHMS Bergbau AG at its Annual General Meeting held on 14 August 2025, announced that Mr. Henry Werkmeister, Managing Director of HW-Beratungs GmbH, was newly elected to the Supervisory Board of HMS. He succeeds Patrick Brandl, who stepped down from the Supervisory Board as planned at the end of the Annual General Meeting.공고 • Jul 07HMS Bergbau AG, Annual General Meeting, Aug 14, 2025HMS Bergbau AG, Annual General Meeting, Aug 14, 2025, at 12:00 W. Europe Standard Time.공고 • May 16HMS Bergbau AG announces Annual dividend, payable on August 19, 2025HMS Bergbau AG announced Annual dividend of EUR 1.0500 per share payable on August 19, 2025, ex-date on August 15, 2025 and record date on August 18, 2025.Reported Earnings • Oct 02First quarter 2024 earnings released: EPS: €0.61 (vs €0.56 in 1Q 2023)First quarter 2024 results: EPS: €0.61 (up from €0.56 in 1Q 2023). Revenue: €365.7m (up 11% from 1Q 2023). Net income: €2.77m (up 9.0% from 1Q 2023). Profit margin: 0.8% (in line with 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe.Upcoming Dividend • Aug 07Upcoming dividend of €0.92 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.3%).공고 • Jul 05HMS Bergbau AG, Annual General Meeting, Aug 13, 2024HMS Bergbau AG, Annual General Meeting, Aug 13, 2024, at 12:00 W. Europe Standard Time.Reported Earnings • Jun 05Full year 2023 earnings released: EPS: €2.74 (vs €2.29 in FY 2022)Full year 2023 results: EPS: €2.74 (up from €2.29 in FY 2022). Revenue: €1.30b (up 33% from FY 2022). Net income: €12.4m (up 20% from FY 2022). Profit margin: 1.0% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Apr 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Sep 19First half 2023 earnings releasedFirst half 2023 results: EPS: €1.11. Revenue: €656.7m (up 62% from 1H 2022). Net income: €5.08m (up 67% from 1H 2022). Profit margin: 0.8% (up from 0.7% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 23Upcoming dividend of €0.77 per share at 3.6% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).New Risk • Jun 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (102% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Jun 05Full year 2022 earnings releasedFull year 2022 results: Revenue: €972.8m (up 127% from FY 2021). Net income: €10.4m (up 225% from FY 2021). Profit margin: 1.1% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue.공고 • Jun 01HMS Bergbau AG, Annual General Meeting, Aug 29, 2023HMS Bergbau AG, Annual General Meeting, Aug 29, 2023. Agenda: To consider dividend.Reported Earnings • Oct 02First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €404.8m (up 145% from 1H 2021). Net income: €3.03m (up €2.65m from 1H 2021). Profit margin: 0.7% (up from 0.2% in 1H 2021). The increase in margin was driven by higher revenue.Reported Earnings • Jul 03Full year 2021 earnings released: EPS: €0.70 (vs €0.62 in FY 2020)Full year 2021 results: EPS: €0.70 (up from €0.62 in FY 2020). Revenue: €427.7m (up 60% from FY 2020). Net income: €3.20m (up 14% from FY 2020). Profit margin: 0.7% (down from 1.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 05First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €164.9m (up 27% from 1H 2020). Net income: €381.3k (up 216% from 1H 2020). Profit margin: 0.2% (up from 0.1% in 1H 2020).Reported Earnings • Jul 02Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €269.7m (up 25% from FY 2019). Net income: €2.81m (up 447% from FY 2019). Profit margin: 1.0% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 20New 90-day high: €21.40The company is up 3.0% from its price of €20.80 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 4.0% over the same period.Is New 90 Day High Low • Dec 01New 90-day high: €21.00The company is up 4.0% from its price of €20.20 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 21% over the same period.Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total profits of €315.6k, down 42% from the prior year. Total revenue was €227.8m over the last 12 months, down 1.1% from the prior year.Is New 90 Day High Low • Sep 25New 90-day low: €18.70The company is down 21% from its price of €23.80 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 15% over the same period.이익 및 매출 성장 예측DB:HMU - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,527303335212/31/20272,407272123212/31/20262,0573914212/31/20251,22455-50-32N/A9/30/20251,25035-20-11N/A6/30/20251,2751366N/A3/31/20251,3191377N/A12/31/20241,364141010N/A3/31/20241,334131818N/A12/31/20231,29612910N/A9/30/20231,26012N/AN/AN/A6/30/20231,22412N/AN/AN/A3/31/20231,09811N/AN/AN/A12/31/202297210-2-1N/A9/30/20228208N/AN/AN/A6/30/20226686N/AN/AN/A3/31/20225485N/AN/AN/A12/31/202142831515N/A9/30/20213653N/AN/AN/A6/30/20213023N/AN/AN/A3/31/20212853N/AN/AN/A12/31/2020267345N/A9/30/20202472N/AN/AN/A6/30/20202280N/AN/AN/A3/31/20202220N/AN/AN/A12/31/2019215112N/A9/30/20192231N/AN/AN/A6/30/20192301N/AN/AN/A3/31/20192421N/AN/AN/A12/31/20182541N/A6N/A9/30/20182561N/AN/AN/A6/30/20182581N/AN/AN/A3/31/20182391N/AN/AN/A12/31/20172211N/A-4N/A9/30/20172121N/AN/AN/A6/30/20172041N/AN/AN/A3/31/20171910N/AN/AN/A12/31/20161780N/A-1N/A9/30/20161580N/AN/AN/A6/30/20161380N/AN/AN/A3/31/20161250N/AN/AN/A12/31/20151120N/A-2N/A9/30/20151120N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: HMU 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -22.5%).수익 vs 시장: HMU 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -22.5%).고성장 수익: HMU 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: HMU 의 수익(연간 13.7%)이 German 시장(연간 6.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: HMU 의 수익(연간 13.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: HMU의 자본 수익률은 3년 후 18.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 02:20종가2026/07/23 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 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 소스HMS Bergbau AG는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bastian BrachMontega AGAlexander Zienkowiczmwb research AG
공고 • May 30HMS Bergbau AG Provides Earnings Guidance for 2026HMS Bergbau AG provided earnings guidance for 2026. For the period, revenue is expected to increase to EUR 2.0 billion.
Price Target Changed • May 29Price target increased by 9.3% to €82.50Up from €75.50, the current price target is an average from 2 analysts. New target price is 100% above last closing price of €41.30. Stock is up 33% over the past year. The company is forecast to post earnings per share of €11.95 for next year compared to €2.92 last year.
공고 • Jul 16HMS Bergbau AG to Report First Half, 2026 Results on Sep 30, 2026HMS Bergbau AG announced that they will report first half, 2026 results on Sep 30, 2026
공고 • Jul 14HMS Bergbau AG, Annual General Meeting, Aug 20, 2026HMS Bergbau AG, Annual General Meeting, Aug 20, 2026, at 12:00 W. Europe Standard Time.
Declared Dividend • Jul 03Dividend increased to €1.10Dividend of €1.10 is 4.8% higher than last year. Ex-date: 21st August 2026 Payment date: 25th August 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 129% per year over the past 4 years and payments have been stable during that time. EPS is expected to decline by 67% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range.
공고 • Jul 02HMS Bergbau AG announces Annual dividend, payable on August 25, 2026HMS Bergbau AG announced Annual dividend of EUR 1.1000 per share payable on August 25, 2026, ex-date on August 21, 2026 and record date on August 24, 2026.
Reported Earnings • Jul 01Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: €12.06 (up from €3.08 in FY 2024). Revenue: €1.22b (down 10% from FY 2024). Net income: €54.8m (up 292% from FY 2024). Profit margin: 4.5% (up from 1.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
공고 • May 30HMS Bergbau AG Provides Earnings Guidance for 2026HMS Bergbau AG provided earnings guidance for 2026. For the period, revenue is expected to increase to EUR 2.0 billion.
Price Target Changed • May 29Price target increased by 9.3% to €82.50Up from €75.50, the current price target is an average from 2 analysts. New target price is 100% above last closing price of €41.30. Stock is up 33% over the past year. The company is forecast to post earnings per share of €11.95 for next year compared to €2.92 last year.
공고 • Jan 30HMS Bergbau AG (XTRA:HMU) completed the acquisition of 51% stake in Maatla Resources (Pty.) Ltd.HMS Bergbau AG (XTRA:HMU) acquired 51% stake in Maatla Resources (Pty.) Ltd for €0.002 million on April 20, 2021. As of June 2022, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.0002 million ; the acquisition was still subject to conditions precedent as at December 31, 2021. As of May 2023, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2022. As of May 30, 2024, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2023. As of May 30, 2025, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at December 31, 2024. As of September 24, 2025, 51% of the shares in Maatla Energy (Pty) Ltd, Botswana, were acquired for a purchase price of €0.002 million ; the acquisition was still subject to conditions precedent as at June 30, 2025. HMS Bergbau AG (XTRA:HMU) completed the acquisition of 51% stake in Maatla Resources (Pty.) Ltd on January 29, 2026.
공고 • Aug 17HMS Bergbau AG Approves Board ChangesHMS Bergbau AG at its Annual General Meeting held on 14 August 2025, announced that Mr. Henry Werkmeister, Managing Director of HW-Beratungs GmbH, was newly elected to the Supervisory Board of HMS. He succeeds Patrick Brandl, who stepped down from the Supervisory Board as planned at the end of the Annual General Meeting.
공고 • Jul 07HMS Bergbau AG, Annual General Meeting, Aug 14, 2025HMS Bergbau AG, Annual General Meeting, Aug 14, 2025, at 12:00 W. Europe Standard Time.
공고 • May 16HMS Bergbau AG announces Annual dividend, payable on August 19, 2025HMS Bergbau AG announced Annual dividend of EUR 1.0500 per share payable on August 19, 2025, ex-date on August 15, 2025 and record date on August 18, 2025.
Reported Earnings • Oct 02First quarter 2024 earnings released: EPS: €0.61 (vs €0.56 in 1Q 2023)First quarter 2024 results: EPS: €0.61 (up from €0.56 in 1Q 2023). Revenue: €365.7m (up 11% from 1Q 2023). Net income: €2.77m (up 9.0% from 1Q 2023). Profit margin: 0.8% (in line with 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe.
Upcoming Dividend • Aug 07Upcoming dividend of €0.92 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.3%).
공고 • Jul 05HMS Bergbau AG, Annual General Meeting, Aug 13, 2024HMS Bergbau AG, Annual General Meeting, Aug 13, 2024, at 12:00 W. Europe Standard Time.
Reported Earnings • Jun 05Full year 2023 earnings released: EPS: €2.74 (vs €2.29 in FY 2022)Full year 2023 results: EPS: €2.74 (up from €2.29 in FY 2022). Revenue: €1.30b (up 33% from FY 2022). Net income: €12.4m (up 20% from FY 2022). Profit margin: 1.0% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Sep 19First half 2023 earnings releasedFirst half 2023 results: EPS: €1.11. Revenue: €656.7m (up 62% from 1H 2022). Net income: €5.08m (up 67% from 1H 2022). Profit margin: 0.8% (up from 0.7% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 23Upcoming dividend of €0.77 per share at 3.6% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).
New Risk • Jun 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (102% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Jun 05Full year 2022 earnings releasedFull year 2022 results: Revenue: €972.8m (up 127% from FY 2021). Net income: €10.4m (up 225% from FY 2021). Profit margin: 1.1% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue.
공고 • Jun 01HMS Bergbau AG, Annual General Meeting, Aug 29, 2023HMS Bergbau AG, Annual General Meeting, Aug 29, 2023. Agenda: To consider dividend.
Reported Earnings • Oct 02First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €404.8m (up 145% from 1H 2021). Net income: €3.03m (up €2.65m from 1H 2021). Profit margin: 0.7% (up from 0.2% in 1H 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Jul 03Full year 2021 earnings released: EPS: €0.70 (vs €0.62 in FY 2020)Full year 2021 results: EPS: €0.70 (up from €0.62 in FY 2020). Revenue: €427.7m (up 60% from FY 2020). Net income: €3.20m (up 14% from FY 2020). Profit margin: 0.7% (down from 1.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 05First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €164.9m (up 27% from 1H 2020). Net income: €381.3k (up 216% from 1H 2020). Profit margin: 0.2% (up from 0.1% in 1H 2020).
Reported Earnings • Jul 02Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €269.7m (up 25% from FY 2019). Net income: €2.81m (up 447% from FY 2019). Profit margin: 1.0% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 20New 90-day high: €21.40The company is up 3.0% from its price of €20.80 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Dec 01New 90-day high: €21.00The company is up 4.0% from its price of €20.20 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 21% over the same period.
Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total profits of €315.6k, down 42% from the prior year. Total revenue was €227.8m over the last 12 months, down 1.1% from the prior year.
Is New 90 Day High Low • Sep 25New 90-day low: €18.70The company is down 21% from its price of €23.80 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 15% over the same period.