View ValuationDerichebourg 향후 성장Future 기준 점검 2/6Derichebourg (는) 각각 연간 14.7% 및 7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.4% 로 예상됩니다.핵심 정보14.7%이익 성장률16.35%EPS 성장률Commercial Services 이익 성장17.3%매출 성장률7.0%향후 자기자본이익률11.35%애널리스트 커버리지Low마지막 업데이트22 May 2026최근 향후 성장 업데이트공시 • May 21Derichebourg SA Provides Earnings Guidance for the Second Half of 2021 to 2022Derichebourg SA provided earnings guidance for the second half of 2021 to 2022. For the period the company expected that the Group plans to continue its investment policy and at the end of the half-year or the beginning of fiscal 2021-2022 is to: Increase its WEEE (waste electrical and electronic equipment) processing capacity in France. Increase its lead ingot production capacity. The pre-notification file relating to the prospective acquisition of Ecore is currently being reviewed by the competent antitrust authorities. Growth in revenue from services activities (utilities and multiservices) is also expected.모든 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. 3 experienced directors. 7 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Jan 07+ 1 more updateDerichebourg SA to Report Fiscal Year 2026 Results on Dec 03, 2026Derichebourg SA announced that they will report fiscal year 2026 results on Dec 03, 2026공시 • Dec 31Derichebourg SA, Annual General Meeting, Feb 05, 2026Derichebourg SA, Annual General Meeting, Feb 05, 2026. Location: palais brongniart, 16 place de la bourse, paris FranceBoard Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Sep 03Derichebourg SA to Report Fiscal Year 2025 Results on Dec 04, 2025Derichebourg SA announced that they will report fiscal year 2025 results After-Market on Dec 04, 2025Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Dec 26Derichebourg SA, Annual General Meeting, Jan 29, 2025Derichebourg SA, Annual General Meeting, Jan 29, 2025. Location: 100 boulevard pereire, paris FranceNew Risk • Jun 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: 2.7% Last year net profit margin: 4.2% 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: Minor Risks High level of debt (48% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).공시 • Apr 17Derichebourg SA to Report First Half, 2024 Results on May 29, 2024Derichebourg SA announced that they will report first half, 2024 results on May 29, 2024Upcoming Dividend • Feb 07Upcoming dividend of €0.16 per share at 3.4% yieldEligible shareholders must have bought the stock before 14 February 2024. Payment date: 16 February 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.3%).공시 • Jan 31Derichebourg Sa Approves Dividend, Payable on or After February 16, 2024Derichebourg SA announced shareholders’ combined general meeting held on January 30, 2024, approved payment of a dividend of €0.16 per share, with the ex-dividend date scheduled for February 14, 2024 and payment on or after February 16, 2024.New Risk • Dec 11New 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: Minor Risks High level of debt (78% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.공시 • Dec 07Derichebourg SA, Annual General Meeting, Jan 30, 2024Derichebourg SA, Annual General Meeting, Jan 30, 2024. Agenda: To consider the dividend.Reported Earnings • Dec 07Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.62b (down 31% from FY 2022). Net income: €131.3m (down 45% from FY 2022). Profit margin: 3.6% (down from 4.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Dec 07Derichebourg SA Proposes DividendThe Board of Directors of Derichebourg SA announced to propose to the General Meeting of January 30, 2024 the payment of a dividend payment of €0.16 per share.공시 • Aug 16Derichebourg SA to Report Q3, 2023 Results on Aug 17, 2023Derichebourg SA announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 17, 2023Reported Earnings • May 25First half 2023 earnings releasedFirst half 2023 results: Revenue: €1.82b (down 28% from 1H 2022). Net income: €65.9m (down 44% from 1H 2022). Profit margin: 3.6% (down from 4.6% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Germany are expected to grow by 6.1%.공시 • May 20Derichebourg SA to Report Q2, 2023 Results on May 22, 2023Derichebourg SA announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on May 22, 2023Upcoming Dividend • Feb 07Upcoming dividend of €0.32 per share at 4.7% yieldEligible shareholders must have bought the stock before 14 February 2023. Payment date: 16 February 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%).Reported Earnings • Dec 10Full year 2022 earnings releasedFull year 2022 results: Revenue: €5.28b (up 46% from FY 2021). Net income: €237.6m (up 37% from FY 2021). Profit margin: 4.5% (down from 4.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in Germany are expected to grow by 5.8%.Board Change • Nov 16Less 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €4.41, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 26% over the past three years.Reported Earnings • May 28First half 2022 earnings releasedFirst half 2022 results: Revenue: €2.55b (up 54% from 1H 2021). Net income: €117.8m (up 60% from 1H 2021). Profit margin: 4.6% (up from 4.5% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 16% growth forecast for the industry in Germany.공시 • May 20Derichebourg SA (ENXTPA:DBG) agreed to acquire 14.7% in Elior Group SA (ENXTPA:ELIOR) from Bim SAS and Gilles Cojan.Derichebourg SA (ENXTPA:DBG) agreed to acquire 14.7% in Elior Group SA (ENXTPA:ELIOR) from Bim SAS and Gilles Cojan for on May 19, 2022. Derichebourg will acquire 14.7% of Elior’s share capital from BIM and Gilles Cojan at a price of €5.65 per Elior share with a potential earn-out clause up to €1.35 per share based on Elior’s share price evolution between January 1st, 2023 and December 31st, 2024. Following this investment, Derichebourg will ask for two seats at Elior’s Board of Directors. The transaction is subject to close on June 30th, 2022.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent director Catherine Claverie was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to €9.11, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 161% over the past three years.Upcoming Dividend • Jan 28Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 04 February 2022. Payment date: 08 February 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.5%).Reported Earnings • Dec 08Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €3.62b (up 47% from FY 2020). Net income: €174.0m (up €152.7m from FY 2020). Profit margin: 4.8% (up from 0.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 12%, compared to a 24% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €9.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Commercial Services industry in Europe. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.49 per share.Reported Earnings • May 22First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.65b (up 27% from 1H 2020). Net income: €73.6m (up 229% from 1H 2020). Profit margin: 4.5% (up from 1.7% in 1H 2020). The increase in margin was driven by higher revenue.공시 • May 21Derichebourg SA Provides Earnings Guidance for the Second Half of 2021 to 2022Derichebourg SA provided earnings guidance for the second half of 2021 to 2022. For the period the company expected that the Group plans to continue its investment policy and at the end of the half-year or the beginning of fiscal 2021-2022 is to: Increase its WEEE (waste electrical and electronic equipment) processing capacity in France. Increase its lead ingot production capacity. The pre-notification file relating to the prospective acquisition of Ecore is currently being reviewed by the competent antitrust authorities. Growth in revenue from services activities (utilities and multiservices) is also expected.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to €6.86, the stock is trading at a trailing P/E ratio of 53x, up from the previous P/E ratio of 44.8x. This compares to an average P/E of 19x in the Commercial Services industry in Germany. Total return to shareholders over the past three years is a loss of 6.1%.Is New 90 Day High Low • Feb 13New 90-day high: €6.86The company is up 162% from its price of €2.62 on 05 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.32 per share.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to €6.20, the stock is trading at a trailing P/E ratio of 45.9x, up from the previous P/E ratio of 37.2x. This compares to an average P/E of 21x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 22%.Is New 90 Day High Low • Dec 23New 90-day high: €4.79The company is up 98% from its price of €2.42 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.81 per share.Valuation Update With 7 Day Price Move • Dec 10Market bids up stock over the past weekAfter last week's 57% share price gain to €4.13, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 10x. This compares to an average P/E of 20x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 50%.Analyst Estimate Surprise Post Earnings • Dec 05Revenue misses expectationsRevenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 10%, compared to a 6.2% growth forecast for the Commercial Services industry in Germany.Is New 90 Day High Low • Dec 05New 90-day high: €4.13The company is up 73% from its price of €2.39 on 01 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.25 per share.Is New 90 Day High Low • Oct 07New 90-day high: €2.59The company is up 3.0% from its price of €2.51 on 09 July 2020. The German market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Commercial Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.13 per share.공시 • Sep 25Youssef Ahizoune agreed to acquire 51% stake in household waste collection and service delivery activities in Morocco from Derichebourg (ENXTPA:DBG).Youssef Ahizoune agreed to acquire 51% stake in household waste collection and service delivery activities in Morocco from Derichebourg (ENXTPA:DBG) on September 24, 2019. Derichebourg will exit Morocco unit with this transaction. This sale is not expected to have a significant impact on the financial results of Derichebourg.이익 및 매출 성장 예측DB:PNU - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20284,17219114631939/30/20273,84316111328559/30/20263,70213811227249/30/20253,337122129231N/A6/30/20253,454114151248N/A3/31/20253,572107174266N/A12/31/20243,58991178297N/A9/30/20243,60675182328N/A6/30/20243,57086159321N/A3/31/20243,53397136314N/A12/31/20233,577114103274N/A9/30/20233,62113170234N/A6/30/20234,547165N/AN/AN/A3/31/20234,083173228392N/A12/31/20224,216196254400N/A9/30/20224,348218279409N/A6/30/20224,433221259369N/A3/31/20224,052212246328N/A12/31/20213,834193251327N/A9/30/20213,616174257325N/A6/30/20213,214123218281N/A3/31/20212,81273180237N/A12/31/20202,63847143207N/A9/30/20202,46421106176N/A6/30/20202,5483469153N/A3/31/20202,6314832129N/A12/31/20192,6685254147N/A9/30/20192,7055676165N/A6/30/20192,77160N/A182N/A3/31/20192,83764N/A199N/A12/31/20182,87866N/A184N/A9/30/20182,92068N/A170N/A6/30/20182,88574N/A148N/A3/31/20182,84979N/A125N/A12/31/20172,79078N/A153N/A9/30/20172,73176N/A181N/A6/30/20172,60462N/A190N/A3/31/20172,47847N/A199N/A12/31/20162,31333N/A165N/A9/30/20162,14818N/A130N/A3/31/20162,16719N/A128N/A12/31/20152,26025N/A137N/A9/30/20152,35331N/A147N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: PNU 의 연간 예상 수익 증가율(14.7%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: PNU 의 연간 수익(14.7%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: PNU 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: PNU 의 수익(연간 7%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: PNU 의 수익(연간 7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: PNU의 자본 수익률은 3년 후 11.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 23:05종가2026/05/22 00:00수익2025/09/30연간 수익2025/09/30데이터 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 소스Derichebourg SA는 10명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Charles Henri de MortemartBNP ParibasLouis BoujardCaixa Banco BPIArnaud PalliezCIC Market Solutions (ESN)7명의 분석가 더 보기
공시 • May 21Derichebourg SA Provides Earnings Guidance for the Second Half of 2021 to 2022Derichebourg SA provided earnings guidance for the second half of 2021 to 2022. For the period the company expected that the Group plans to continue its investment policy and at the end of the half-year or the beginning of fiscal 2021-2022 is to: Increase its WEEE (waste electrical and electronic equipment) processing capacity in France. Increase its lead ingot production capacity. The pre-notification file relating to the prospective acquisition of Ecore is currently being reviewed by the competent antitrust authorities. Growth in revenue from services activities (utilities and multiservices) is also expected.
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. 3 experienced directors. 7 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Jan 07+ 1 more updateDerichebourg SA to Report Fiscal Year 2026 Results on Dec 03, 2026Derichebourg SA announced that they will report fiscal year 2026 results on Dec 03, 2026
공시 • Dec 31Derichebourg SA, Annual General Meeting, Feb 05, 2026Derichebourg SA, Annual General Meeting, Feb 05, 2026. Location: palais brongniart, 16 place de la bourse, paris France
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Sep 03Derichebourg SA to Report Fiscal Year 2025 Results on Dec 04, 2025Derichebourg SA announced that they will report fiscal year 2025 results After-Market on Dec 04, 2025
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Dec 26Derichebourg SA, Annual General Meeting, Jan 29, 2025Derichebourg SA, Annual General Meeting, Jan 29, 2025. Location: 100 boulevard pereire, paris France
New Risk • Jun 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: 2.7% Last year net profit margin: 4.2% 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: Minor Risks High level of debt (48% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
공시 • Apr 17Derichebourg SA to Report First Half, 2024 Results on May 29, 2024Derichebourg SA announced that they will report first half, 2024 results on May 29, 2024
Upcoming Dividend • Feb 07Upcoming dividend of €0.16 per share at 3.4% yieldEligible shareholders must have bought the stock before 14 February 2024. Payment date: 16 February 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.3%).
공시 • Jan 31Derichebourg Sa Approves Dividend, Payable on or After February 16, 2024Derichebourg SA announced shareholders’ combined general meeting held on January 30, 2024, approved payment of a dividend of €0.16 per share, with the ex-dividend date scheduled for February 14, 2024 and payment on or after February 16, 2024.
New Risk • Dec 11New 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: Minor Risks High level of debt (78% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.
공시 • Dec 07Derichebourg SA, Annual General Meeting, Jan 30, 2024Derichebourg SA, Annual General Meeting, Jan 30, 2024. Agenda: To consider the dividend.
Reported Earnings • Dec 07Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.62b (down 31% from FY 2022). Net income: €131.3m (down 45% from FY 2022). Profit margin: 3.6% (down from 4.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Dec 07Derichebourg SA Proposes DividendThe Board of Directors of Derichebourg SA announced to propose to the General Meeting of January 30, 2024 the payment of a dividend payment of €0.16 per share.
공시 • Aug 16Derichebourg SA to Report Q3, 2023 Results on Aug 17, 2023Derichebourg SA announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 17, 2023
Reported Earnings • May 25First half 2023 earnings releasedFirst half 2023 results: Revenue: €1.82b (down 28% from 1H 2022). Net income: €65.9m (down 44% from 1H 2022). Profit margin: 3.6% (down from 4.6% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Germany are expected to grow by 6.1%.
공시 • May 20Derichebourg SA to Report Q2, 2023 Results on May 22, 2023Derichebourg SA announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on May 22, 2023
Upcoming Dividend • Feb 07Upcoming dividend of €0.32 per share at 4.7% yieldEligible shareholders must have bought the stock before 14 February 2023. Payment date: 16 February 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%).
Reported Earnings • Dec 10Full year 2022 earnings releasedFull year 2022 results: Revenue: €5.28b (up 46% from FY 2021). Net income: €237.6m (up 37% from FY 2021). Profit margin: 4.5% (down from 4.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in Germany are expected to grow by 5.8%.
Board Change • Nov 16Less 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Rene Dangel was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €4.41, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 26% over the past three years.
Reported Earnings • May 28First half 2022 earnings releasedFirst half 2022 results: Revenue: €2.55b (up 54% from 1H 2021). Net income: €117.8m (up 60% from 1H 2021). Profit margin: 4.6% (up from 4.5% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 16% growth forecast for the industry in Germany.
공시 • May 20Derichebourg SA (ENXTPA:DBG) agreed to acquire 14.7% in Elior Group SA (ENXTPA:ELIOR) from Bim SAS and Gilles Cojan.Derichebourg SA (ENXTPA:DBG) agreed to acquire 14.7% in Elior Group SA (ENXTPA:ELIOR) from Bim SAS and Gilles Cojan for on May 19, 2022. Derichebourg will acquire 14.7% of Elior’s share capital from BIM and Gilles Cojan at a price of €5.65 per Elior share with a potential earn-out clause up to €1.35 per share based on Elior’s share price evolution between January 1st, 2023 and December 31st, 2024. Following this investment, Derichebourg will ask for two seats at Elior’s Board of Directors. The transaction is subject to close on June 30th, 2022.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent director Catherine Claverie was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to €9.11, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 161% over the past three years.
Upcoming Dividend • Jan 28Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 04 February 2022. Payment date: 08 February 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.5%).
Reported Earnings • Dec 08Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €3.62b (up 47% from FY 2020). Net income: €174.0m (up €152.7m from FY 2020). Profit margin: 4.8% (up from 0.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 12%, compared to a 24% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €9.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Commercial Services industry in Europe. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.49 per share.
Reported Earnings • May 22First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.65b (up 27% from 1H 2020). Net income: €73.6m (up 229% from 1H 2020). Profit margin: 4.5% (up from 1.7% in 1H 2020). The increase in margin was driven by higher revenue.
공시 • May 21Derichebourg SA Provides Earnings Guidance for the Second Half of 2021 to 2022Derichebourg SA provided earnings guidance for the second half of 2021 to 2022. For the period the company expected that the Group plans to continue its investment policy and at the end of the half-year or the beginning of fiscal 2021-2022 is to: Increase its WEEE (waste electrical and electronic equipment) processing capacity in France. Increase its lead ingot production capacity. The pre-notification file relating to the prospective acquisition of Ecore is currently being reviewed by the competent antitrust authorities. Growth in revenue from services activities (utilities and multiservices) is also expected.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to €6.86, the stock is trading at a trailing P/E ratio of 53x, up from the previous P/E ratio of 44.8x. This compares to an average P/E of 19x in the Commercial Services industry in Germany. Total return to shareholders over the past three years is a loss of 6.1%.
Is New 90 Day High Low • Feb 13New 90-day high: €6.86The company is up 162% from its price of €2.62 on 05 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.32 per share.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to €6.20, the stock is trading at a trailing P/E ratio of 45.9x, up from the previous P/E ratio of 37.2x. This compares to an average P/E of 21x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 22%.
Is New 90 Day High Low • Dec 23New 90-day high: €4.79The company is up 98% from its price of €2.42 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.81 per share.
Valuation Update With 7 Day Price Move • Dec 10Market bids up stock over the past weekAfter last week's 57% share price gain to €4.13, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 10x. This compares to an average P/E of 20x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 50%.
Analyst Estimate Surprise Post Earnings • Dec 05Revenue misses expectationsRevenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 10%, compared to a 6.2% growth forecast for the Commercial Services industry in Germany.
Is New 90 Day High Low • Dec 05New 90-day high: €4.13The company is up 73% from its price of €2.39 on 01 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.25 per share.
Is New 90 Day High Low • Oct 07New 90-day high: €2.59The company is up 3.0% from its price of €2.51 on 09 July 2020. The German market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Commercial Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.13 per share.
공시 • Sep 25Youssef Ahizoune agreed to acquire 51% stake in household waste collection and service delivery activities in Morocco from Derichebourg (ENXTPA:DBG).Youssef Ahizoune agreed to acquire 51% stake in household waste collection and service delivery activities in Morocco from Derichebourg (ENXTPA:DBG) on September 24, 2019. Derichebourg will exit Morocco unit with this transaction. This sale is not expected to have a significant impact on the financial results of Derichebourg.