View ValuationLU-VE 향후 성장Future 기준 점검 3/6LU-VE (는) 각각 연간 17% 및 10.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 17.7% 로 예상됩니다.핵심 정보17.0%이익 성장률16.72%EPS 성장률Building 이익 성장11.9%매출 성장률10.1%향후 자기자본이익률17.67%애널리스트 커버리지Low마지막 업데이트22 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Carlo Paris was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Mar 20LU-VE S.p.A., Annual General Meeting, Apr 28, 2026LU-VE S.p.A., Annual General Meeting, Apr 28, 2026, at 09:30 W. Europe Standard Time.공시 • Mar 18LU-VE S.p.A. announces Annual dividend, payable on May 06, 2026LU-VE S.p.A. announced Annual dividend of EUR 0.4700 per share payable on May 06, 2026, ex-date on May 04, 2026 and record date on May 05, 2026.공시 • Sep 04+ 1 more updateLU-VE S.p.A. to Report Q3, 2025 Results on Nov 12, 2025LU-VE S.p.A. announced that they will report Q3, 2025 results on Nov 12, 2025공시 • Mar 19LU-VE S.p.A., Annual General Meeting, Apr 18, 2025LU-VE S.p.A., Annual General Meeting, Apr 18, 2025, at 09:30 W. Europe Standard Time.공시 • Mar 18LU-VE S.p.A. announces Annual dividend, payable on April 30, 2025LU-VE S.p.A. announced Annual dividend of EUR 0.4200 per share payable on April 30, 2025, ex-date on April 28, 2025 and record date on April 29, 2025.Reported Earnings • Nov 14Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €143.1m (down 1.3% from 3Q 2023). Net income: €6.34m (down 18% from 3Q 2023). Profit margin: 4.4% (down from 5.3% in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Building industry in Europe.Reported Earnings • Sep 06Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €154.5m (down 8.5% from 2Q 2023). Net income: €8.74m (down 26% from 2Q 2023). Profit margin: 5.7% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe.New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.8% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).Reported Earnings • May 14First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €141.9m (down 6.3% from 1Q 2023). Net income: €10.7m (up 69% from 1Q 2023). Profit margin: 7.5% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe.Upcoming Dividend • Apr 29Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.8%).공시 • Apr 28LU-VE S.p.A., Annual General Meeting, Apr 29, 2024LU-VE S.p.A., Annual General Meeting, Apr 29, 2024.공시 • Apr 27+ 1 more updateLU-VE S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024LU-VE S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024New Risk • Apr 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €23.05, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €18.55 per share.Buy Or Sell Opportunity • Mar 23Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €22.50. The fair value is estimated to be €18.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.Reported Earnings • Mar 14Full year 2023 earnings releasedFull year 2023 results: Revenue: €617.3m (flat on FY 2022). Net income: €29.7m (down 38% from FY 2022). Profit margin: 4.8% (down from 7.7% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.Buy Or Sell Opportunity • Jan 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to €21.35. The fair value is estimated to be €17.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €22.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €17.51 per share.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €144.1m (down 3.4% from 3Q 2022). Net income: €7.75m (down 35% from 3Q 2022). Profit margin: 5.4% (down from 8.0% in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Europe.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €21.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.46 per share.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €18.06, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.84 per share.New Risk • Oct 20New 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 6.6% 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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (149% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin).Board Change • Oct 18Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Sep 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 11Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €168.9m (flat on 2Q 2022). Net income: €11.8m (up 1.6% from 2Q 2022). Profit margin: 7.0% (up from 6.9% in 2Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe.Board Change • Jul 19Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측DB:V92 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20288347066108512/31/2027775615294512/31/202667748447853/31/2026623423058N/A12/31/2025605383667N/A9/30/2025592363664N/A6/30/2025588314569N/A3/31/2025583315877N/A12/31/2024589345777N/A9/30/2024591307094N/A6/30/2024593316294N/A3/31/2024608344078N/A12/31/2023617303571N/A9/30/2023614292062N/A6/30/202362133645N/A3/31/2023621332560N/A12/31/202261948-333N/A9/30/202260151-1712N/A6/30/202258247-198N/A3/31/202252740-52-24N/A12/31/202149224-920N/A9/30/202146220-1315N/A6/30/2021434142048N/A3/31/2021418121844N/A12/31/2020401101540N/A9/30/2020401141742N/A6/30/2020400181844N/A3/31/2020396182048N/A12/31/201939218N/A51N/A9/30/201936616N/A48N/A6/30/201934114N/A45N/A3/31/201932415N/A33N/A12/31/201830715N/A21N/A9/30/201829813N/A18N/A6/30/201829010N/A15N/A3/31/20182808N/A17N/A12/31/20172706N/A19N/A9/30/20172618N/A20N/A6/30/201725210N/A21N/A3/31/201724413N/A23N/A12/31/201623616N/A25N/A9/30/201622913N/A22N/A6/30/201622211N/A20N/A3/31/201621710N/A20N/A12/31/20152119N/A21N/A9/30/201521412N/A25N/A6/30/201521614N/A29N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: V92 의 연간 예상 수익 증가율(17%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: V92 의 연간 수익(17%)이 German 시장(17.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: V92 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: V92 의 수익(연간 10.1%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: V92 의 수익(연간 10.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: V92의 자본 수익률은 3년 후 17.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 23:00종가2026/05/21 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 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 소스LU-VE S.p.A.는 7명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Michele BaldelliBNP ParibasLuigi De BellisEquita SIM S.p.A.Domenico GhilottiEquita SIM S.p.A.4명의 분석가 더 보기
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Carlo Paris was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Mar 20LU-VE S.p.A., Annual General Meeting, Apr 28, 2026LU-VE S.p.A., Annual General Meeting, Apr 28, 2026, at 09:30 W. Europe Standard Time.
공시 • Mar 18LU-VE S.p.A. announces Annual dividend, payable on May 06, 2026LU-VE S.p.A. announced Annual dividend of EUR 0.4700 per share payable on May 06, 2026, ex-date on May 04, 2026 and record date on May 05, 2026.
공시 • Sep 04+ 1 more updateLU-VE S.p.A. to Report Q3, 2025 Results on Nov 12, 2025LU-VE S.p.A. announced that they will report Q3, 2025 results on Nov 12, 2025
공시 • Mar 19LU-VE S.p.A., Annual General Meeting, Apr 18, 2025LU-VE S.p.A., Annual General Meeting, Apr 18, 2025, at 09:30 W. Europe Standard Time.
공시 • Mar 18LU-VE S.p.A. announces Annual dividend, payable on April 30, 2025LU-VE S.p.A. announced Annual dividend of EUR 0.4200 per share payable on April 30, 2025, ex-date on April 28, 2025 and record date on April 29, 2025.
Reported Earnings • Nov 14Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €143.1m (down 1.3% from 3Q 2023). Net income: €6.34m (down 18% from 3Q 2023). Profit margin: 4.4% (down from 5.3% in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Building industry in Europe.
Reported Earnings • Sep 06Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €154.5m (down 8.5% from 2Q 2023). Net income: €8.74m (down 26% from 2Q 2023). Profit margin: 5.7% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe.
New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.8% Last year net profit margin: 7.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).
Reported Earnings • May 14First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €141.9m (down 6.3% from 1Q 2023). Net income: €10.7m (up 69% from 1Q 2023). Profit margin: 7.5% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe.
Upcoming Dividend • Apr 29Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.8%).
공시 • Apr 28LU-VE S.p.A., Annual General Meeting, Apr 29, 2024LU-VE S.p.A., Annual General Meeting, Apr 29, 2024.
공시 • Apr 27+ 1 more updateLU-VE S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024LU-VE S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024
New Risk • Apr 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.8% net profit margin).
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €23.05, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €18.55 per share.
Buy Or Sell Opportunity • Mar 23Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €22.50. The fair value is estimated to be €18.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period.
Reported Earnings • Mar 14Full year 2023 earnings releasedFull year 2023 results: Revenue: €617.3m (flat on FY 2022). Net income: €29.7m (down 38% from FY 2022). Profit margin: 4.8% (down from 7.7% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.
Buy Or Sell Opportunity • Jan 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to €21.35. The fair value is estimated to be €17.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €22.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €17.51 per share.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €144.1m (down 3.4% from 3Q 2022). Net income: €7.75m (down 35% from 3Q 2022). Profit margin: 5.4% (down from 8.0% in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Europe.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €21.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.46 per share.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €18.06, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Building industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €13.84 per share.
New Risk • Oct 20New 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 6.6% 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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (149% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin).
Board Change • Oct 18Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Sep 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 11Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €168.9m (flat on 2Q 2022). Net income: €11.8m (up 1.6% from 2Q 2022). Profit margin: 7.0% (up from 6.9% in 2Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe.
Board Change • Jul 19Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 26Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Raffaella Cagliano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.