View ValuationABC arbitrage 향후 성장Future 기준 점검 2/6ABC arbitrage (는) 각각 연간 5.8% 및 8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.6% 로 예상됩니다.핵심 정보5.8%이익 성장률5.30%EPS 성장률Diversified Financial 이익 성장53.9%매출 성장률8.0%향후 자기자본이익률16.58%애널리스트 커버리지Low마지막 업데이트11 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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 • May 01ABC arbitrage SA, Annual General Meeting, Jun 05, 2026ABC arbitrage SA, Annual General Meeting, Jun 05, 2026. Location: 18 rue du quatre septembre, paris France공시 • Mar 25Abc Arbitrage Sa Announces Interim Dividend, Payable on April 16, 2026; Proposes Final DividendABC Arbitrage SA announced an interim cash dividend of €0.10 per share on April 14, 2026, with payment on April 16, 2026. The board also plans to propose a final dividend of €0.04 per share at the Annual General Meeting. Additionally, the company stated its intention to revert to a semi-annual dividend distribution policy, with an expected interim dividend of €0.20 per share in December 2026.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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 • Nov 01+ 1 more updateABC arbitrage SA to Report First Half, 2026 Results on Sep 22, 2026ABC arbitrage SA announced that they will report first half, 2026 results on Sep 22, 2026공시 • Jun 02ABC arbitrage SA to Report First Half, 2025 Results on Sep 23, 2025ABC arbitrage SA announced that they will report first half, 2025 results on Sep 23, 2025공시 • Apr 29ABC arbitrage SA, Annual General Meeting, Jun 06, 2025ABC arbitrage SA, Annual General Meeting, Jun 06, 2025. Location: 18 rue du quatre septembre, paris France공시 • Mar 26ABC arbitrage SA Announces Interim Dividend, Payable on April 24, 2025; Proposes Final DividendABC arbitrage SA announced Interim dividend on 2024 results of €0.10 per share on 22 April 2025, with payment on 24 April 2025; The Board plans to propose a final dividend of €0.04 per share at the Annual General Meeting; The Board confirms its intention to distribute €0.10 per share in October and again in December 2025.공시 • Jan 21ABC arbitrage SA to Report Fiscal Year 2024 Results on Mar 25, 2025ABC arbitrage SA announced that they will report fiscal year 2024 results on Mar 25, 2025Board Change • Oct 21Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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.Declared Dividend • Oct 07Dividend of €0.10 announcedShareholders will receive a dividend of €0.10. Ex-date: 9th October 2024 Payment date: 11th October 2024 Dividend yield will be 6.8%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but not covered by cash flows (178% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 30First half 2024 earnings released: EPS: €0.15 (vs €0.15 in 1H 2023)First half 2024 results: EPS: €0.15 (in line with 1H 2023). Revenue: €22.9m (up 13% from 1H 2023). Net income: €8.86m (flat on 1H 2023). Profit margin: 39% (down from 43% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year.공시 • Sep 07ABC arbitrage SA to Report First Half, 2024 Results on Sep 24, 2024ABC arbitrage SA announced that they will report first half, 2024 results on Sep 24, 2024Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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.Upcoming Dividend • Apr 19Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 23 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%).Declared Dividend • Apr 05Fourth quarter dividend of €0.10 announcedShareholders will receive a dividend of €0.10. Ex-date: 23rd April 2024 Payment date: 25th April 2024 Dividend yield will be 10%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 26Third quarter 2023 earnings released: EPS: €0.066 (vs €0.11 in 3Q 2022)Third quarter 2023 results: EPS: €0.066 (down from €0.11 in 3Q 2022). Revenue: €9.47m (down 37% from 3Q 2022). Net income: €3.84m (down 41% from 3Q 2022). Profit margin: 41% (down from 43% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 4 years, compared to a 12% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.Upcoming Dividend • Nov 28Upcoming dividend of €0.10 per share at 8.8% yieldEligible shareholders must have bought the stock before 05 December 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 57% and the cash payout ratio is 96%. Trailing yield: 8.8%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.3%).Upcoming Dividend • Oct 04Upcoming dividend of €0.10 per share at 7.5% yieldEligible shareholders must have bought the stock before 10 October 2023. Payment date: 12 October 2023. Payout ratio is a comfortable 57% and the cash payout ratio is 96%. Trailing yield: 7.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.5%).Reported Earnings • Sep 21First half 2023 earnings released: EPS: €0.15 (vs €0.27 in 1H 2022)First half 2023 results: EPS: €0.15 (down from €0.27 in 1H 2022). Revenue: €20.4m (down 36% from 1H 2022). Net income: €8.82m (down 46% from 1H 2022). Profit margin: 43% (down from 51% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Buying Opportunity • Jul 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be €7.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 1.8% per annum over the same time period.공시 • Jul 04ABC arbitrage SA, Annual General Meeting, Jun 07, 2024ABC arbitrage SA, Annual General Meeting, Jun 07, 2024, at 10:30 Central European Standard Time. Location: Le Centorial Auditorium, 18 rue du 4 Septembre, 75002 Paris Paris FranceBoard Change • Jun 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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.Upcoming Dividend • Jun 27Upcoming dividend of €0.11 per share at 7.5% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 06 July 2023. Payout ratio and cash payout ratio are on the higher end at 83% and 97% respectively. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.9%).Upcoming Dividend • Apr 11Upcoming dividend of €0.10 per share at 7.2% yieldEligible shareholders must have bought the stock before 18 April 2023. Payment date: 20 April 2023. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).Reported Earnings • Mar 24Full year 2022 earnings releasedFull year 2022 results: Revenue: €61.2m (down 4.9% from FY 2021). Net income: €29.2m (up 4.1% from FY 2021). Profit margin: 48% (up from 44% in FY 2021). The increase in margin was driven by lower expenses.Upcoming Dividend • Nov 29Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 06 December 2022. Payment date: 08 December 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.4%).Upcoming Dividend • Oct 04Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 11 October 2022. Payment date: 13 October 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of German dividend payers (5.7%). Higher than average of industry peers (2.7%).Reported Earnings • Sep 22First half 2022 earnings released: EPS: €0.27 (vs €0.29 in 1H 2021)First half 2022 results: EPS: €0.27 (down from €0.29 in 1H 2021). Revenue: €31.6m (down 10% from 1H 2021). Net income: €16.2m (down 3.7% from 1H 2021). Profit margin: 51% (up from 48% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Sep 20ABC arbitrage SA to Pay Two Interim Dividends, Payable on October 13, 2022 and December 8, 2022ABC arbitrage SA announced that on the proposal of the Board of Directors, and in accordance with its quarterly distribution policy, the company will pay two interim dividends of €0.10 per share each. The ex-dates are scheduled on October 11, 2022 and December 6, 2022 for payments on October 13, 2022 and December 8, 2022 respectively.Upcoming Dividend • Jun 28Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.8%).Upcoming Dividend • Apr 13Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 20 April 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.9%). Higher than average of industry peers (2.4%).공시 • Mar 23ABC arbitrage SA, Annual General Meeting, Jun 10, 2022ABC arbitrage SA, Annual General Meeting, Jun 10, 2022.Upcoming Dividend • Dec 01Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 07 December 2021. Payment date: 09 December 2021. Trailing yield: 6.8%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.1%).Upcoming Dividend • Oct 05Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 12 October 2021. Payment date: 14 October 2021. Trailing yield: 6.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.3%).Reported Earnings • Sep 24First half 2021 earnings released: EPS €0.29 (vs €0.44 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: €35.2m (down 22% from 1H 2020). Net income: €16.8m (down 34% from 1H 2020). Profit margin: 48% (down from 57% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Jul 31High number of new directorsIndependent Director Sophie Guieysse was the last director to join the board, commencing their role in 2021.Upcoming Dividend • Jul 06Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 13 July 2021. Payment date: 03 August 2021. Trailing yield: 6.6%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.1%).Upcoming Dividend • Apr 06Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 13 April 2021. Payment date: 15 April 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.1%).Reported Earnings • Mar 25Full year 2020 earnings released: EPS €0.60 (vs €0.31 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €69.1m (up 86% from FY 2019). Net income: €35.1m (up 91% from FY 2019). Profit margin: 51% (up from 49% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 18New 90-day high: €7.45The company is up 2.0% from its price of €7.27 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 17% over the same period.Upcoming Dividend • Dec 01Upcoming Dividend of €0.10 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 8th of December. The trailing yield of 5.5% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (2.5%).Is New 90 Day High Low • Nov 06New 90-day high: €7.53The company is up 9.0% from its price of €6.90 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 22% over the same period.Is New 90 Day High Low • Oct 21New 90-day high: €7.40The company is up 6.0% from its price of €7.00 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 13% over the same period.Is New 90 Day High Low • Sep 23New 90-day high: €7.33The company is up 8.0% from its price of €6.80 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 21% over the same period.Reported Earnings • Sep 23First half earnings releasedOver the last 12 months the company has reported total profits of €35.5m, up 81% from the prior year. Total revenue was €64.3m over the last 12 months, up 62% from the prior year.공시 • Jul 08ABC arbitrage SA to Report First Half, 2020 Results on Sep 22, 2020ABC arbitrage SA announced that they will report first half, 2020 results on Sep 22, 2020이익 및 매출 성장 예측DB:9BA - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202770283030212/31/202667272930212/31/202560252323N/A9/30/202563302424N/A6/30/202565362525N/A3/31/202558312323N/A12/31/202451272121N/A9/30/202447221818N/A6/30/202442171515N/A3/31/202441171717N/A12/31/202340162020N/A9/30/20234519N/AN/AN/A6/30/202350222525N/A3/31/202356252525N/A12/31/202261292424N/A9/30/20226128N/AN/AN/A6/30/2022612799N/A3/31/202263282222N/A12/31/202164283434N/A9/30/20216227N/AN/AN/A6/30/202159264747N/A3/31/202164313636N/A12/31/202069352424N/A9/30/20206735N/AN/AN/A6/30/202064361515N/A3/31/202051272121N/A12/31/201937182727N/A9/30/20193819N/AN/AN/A6/30/20194020N/A37N/A3/31/20194020N/A30N/A12/31/20184020N/A23N/A9/30/20183818N/AN/AN/A6/30/20183617N/A25N/A3/31/20183718N/A26N/A12/31/20173918N/A27N/A9/30/20174221N/AN/AN/A6/30/20174624N/A4N/A3/31/20175027N/A8N/A12/31/20165431N/A13N/A9/30/20165430N/AN/AN/A6/30/20165430N/A27N/A3/31/20165127N/A19N/A12/31/20154824N/A12N/A9/30/20154521N/AN/AN/A6/30/20154218N/A4N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9BA 의 연간 예상 수익 증가율(5.8%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 9BA 의 연간 수익(5.8%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 9BA 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 9BA 의 수익(연간 8%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 9BA 의 수익(연간 8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9BA의 자본 수익률은 3년 후 16.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 16:31종가2026/05/22 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 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 소스ABC arbitrage SA는 1명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jean-Pierre TabartTPICAP Midcap
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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 • May 01ABC arbitrage SA, Annual General Meeting, Jun 05, 2026ABC arbitrage SA, Annual General Meeting, Jun 05, 2026. Location: 18 rue du quatre septembre, paris France
공시 • Mar 25Abc Arbitrage Sa Announces Interim Dividend, Payable on April 16, 2026; Proposes Final DividendABC Arbitrage SA announced an interim cash dividend of €0.10 per share on April 14, 2026, with payment on April 16, 2026. The board also plans to propose a final dividend of €0.04 per share at the Annual General Meeting. Additionally, the company stated its intention to revert to a semi-annual dividend distribution policy, with an expected interim dividend of €0.20 per share in December 2026.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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 • Nov 01+ 1 more updateABC arbitrage SA to Report First Half, 2026 Results on Sep 22, 2026ABC arbitrage SA announced that they will report first half, 2026 results on Sep 22, 2026
공시 • Jun 02ABC arbitrage SA to Report First Half, 2025 Results on Sep 23, 2025ABC arbitrage SA announced that they will report first half, 2025 results on Sep 23, 2025
공시 • Apr 29ABC arbitrage SA, Annual General Meeting, Jun 06, 2025ABC arbitrage SA, Annual General Meeting, Jun 06, 2025. Location: 18 rue du quatre septembre, paris France
공시 • Mar 26ABC arbitrage SA Announces Interim Dividend, Payable on April 24, 2025; Proposes Final DividendABC arbitrage SA announced Interim dividend on 2024 results of €0.10 per share on 22 April 2025, with payment on 24 April 2025; The Board plans to propose a final dividend of €0.04 per share at the Annual General Meeting; The Board confirms its intention to distribute €0.10 per share in October and again in December 2025.
공시 • Jan 21ABC arbitrage SA to Report Fiscal Year 2024 Results on Mar 25, 2025ABC arbitrage SA announced that they will report fiscal year 2024 results on Mar 25, 2025
Board Change • Oct 21Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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.
Declared Dividend • Oct 07Dividend of €0.10 announcedShareholders will receive a dividend of €0.10. Ex-date: 9th October 2024 Payment date: 11th October 2024 Dividend yield will be 6.8%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but not covered by cash flows (178% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 30First half 2024 earnings released: EPS: €0.15 (vs €0.15 in 1H 2023)First half 2024 results: EPS: €0.15 (in line with 1H 2023). Revenue: €22.9m (up 13% from 1H 2023). Net income: €8.86m (flat on 1H 2023). Profit margin: 39% (down from 43% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year.
공시 • Sep 07ABC arbitrage SA to Report First Half, 2024 Results on Sep 24, 2024ABC arbitrage SA announced that they will report first half, 2024 results on Sep 24, 2024
Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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.
Upcoming Dividend • Apr 19Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 23 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%).
Declared Dividend • Apr 05Fourth quarter dividend of €0.10 announcedShareholders will receive a dividend of €0.10. Ex-date: 23rd April 2024 Payment date: 25th April 2024 Dividend yield will be 10%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 26Third quarter 2023 earnings released: EPS: €0.066 (vs €0.11 in 3Q 2022)Third quarter 2023 results: EPS: €0.066 (down from €0.11 in 3Q 2022). Revenue: €9.47m (down 37% from 3Q 2022). Net income: €3.84m (down 41% from 3Q 2022). Profit margin: 41% (down from 43% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 4 years, compared to a 12% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.
Upcoming Dividend • Nov 28Upcoming dividend of €0.10 per share at 8.8% yieldEligible shareholders must have bought the stock before 05 December 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 57% and the cash payout ratio is 96%. Trailing yield: 8.8%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.3%).
Upcoming Dividend • Oct 04Upcoming dividend of €0.10 per share at 7.5% yieldEligible shareholders must have bought the stock before 10 October 2023. Payment date: 12 October 2023. Payout ratio is a comfortable 57% and the cash payout ratio is 96%. Trailing yield: 7.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.5%).
Reported Earnings • Sep 21First half 2023 earnings released: EPS: €0.15 (vs €0.27 in 1H 2022)First half 2023 results: EPS: €0.15 (down from €0.27 in 1H 2022). Revenue: €20.4m (down 36% from 1H 2022). Net income: €8.82m (down 46% from 1H 2022). Profit margin: 43% (down from 51% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Diversified Financial industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Jul 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be €7.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 1.8% per annum over the same time period.
공시 • Jul 04ABC arbitrage SA, Annual General Meeting, Jun 07, 2024ABC arbitrage SA, Annual General Meeting, Jun 07, 2024, at 10:30 Central European Standard Time. Location: Le Centorial Auditorium, 18 rue du 4 Septembre, 75002 Paris Paris France
Board Change • Jun 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Isabelle Maury 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.
Upcoming Dividend • Jun 27Upcoming dividend of €0.11 per share at 7.5% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 06 July 2023. Payout ratio and cash payout ratio are on the higher end at 83% and 97% respectively. Trailing yield: 7.5%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.9%).
Upcoming Dividend • Apr 11Upcoming dividend of €0.10 per share at 7.2% yieldEligible shareholders must have bought the stock before 18 April 2023. Payment date: 20 April 2023. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).
Reported Earnings • Mar 24Full year 2022 earnings releasedFull year 2022 results: Revenue: €61.2m (down 4.9% from FY 2021). Net income: €29.2m (up 4.1% from FY 2021). Profit margin: 48% (up from 44% in FY 2021). The increase in margin was driven by lower expenses.
Upcoming Dividend • Nov 29Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 06 December 2022. Payment date: 08 December 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.4%).
Upcoming Dividend • Oct 04Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 11 October 2022. Payment date: 13 October 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of German dividend payers (5.7%). Higher than average of industry peers (2.7%).
Reported Earnings • Sep 22First half 2022 earnings released: EPS: €0.27 (vs €0.29 in 1H 2021)First half 2022 results: EPS: €0.27 (down from €0.29 in 1H 2021). Revenue: €31.6m (down 10% from 1H 2021). Net income: €16.2m (down 3.7% from 1H 2021). Profit margin: 51% (up from 48% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Sep 20ABC arbitrage SA to Pay Two Interim Dividends, Payable on October 13, 2022 and December 8, 2022ABC arbitrage SA announced that on the proposal of the Board of Directors, and in accordance with its quarterly distribution policy, the company will pay two interim dividends of €0.10 per share each. The ex-dates are scheduled on October 11, 2022 and December 6, 2022 for payments on October 13, 2022 and December 8, 2022 respectively.
Upcoming Dividend • Jun 28Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.8%).
Upcoming Dividend • Apr 13Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 20 April 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.9%). Higher than average of industry peers (2.4%).
공시 • Mar 23ABC arbitrage SA, Annual General Meeting, Jun 10, 2022ABC arbitrage SA, Annual General Meeting, Jun 10, 2022.
Upcoming Dividend • Dec 01Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 07 December 2021. Payment date: 09 December 2021. Trailing yield: 6.8%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.1%).
Upcoming Dividend • Oct 05Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 12 October 2021. Payment date: 14 October 2021. Trailing yield: 6.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.3%).
Reported Earnings • Sep 24First half 2021 earnings released: EPS €0.29 (vs €0.44 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: €35.2m (down 22% from 1H 2020). Net income: €16.8m (down 34% from 1H 2020). Profit margin: 48% (down from 57% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Jul 31High number of new directorsIndependent Director Sophie Guieysse was the last director to join the board, commencing their role in 2021.
Upcoming Dividend • Jul 06Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 13 July 2021. Payment date: 03 August 2021. Trailing yield: 6.6%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.1%).
Upcoming Dividend • Apr 06Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 13 April 2021. Payment date: 15 April 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.1%).
Reported Earnings • Mar 25Full year 2020 earnings released: EPS €0.60 (vs €0.31 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €69.1m (up 86% from FY 2019). Net income: €35.1m (up 91% from FY 2019). Profit margin: 51% (up from 49% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 18New 90-day high: €7.45The company is up 2.0% from its price of €7.27 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 17% over the same period.
Upcoming Dividend • Dec 01Upcoming Dividend of €0.10 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 8th of December. The trailing yield of 5.5% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (2.5%).
Is New 90 Day High Low • Nov 06New 90-day high: €7.53The company is up 9.0% from its price of €6.90 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 22% over the same period.
Is New 90 Day High Low • Oct 21New 90-day high: €7.40The company is up 6.0% from its price of €7.00 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 13% over the same period.
Is New 90 Day High Low • Sep 23New 90-day high: €7.33The company is up 8.0% from its price of €6.80 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 21% over the same period.
Reported Earnings • Sep 23First half earnings releasedOver the last 12 months the company has reported total profits of €35.5m, up 81% from the prior year. Total revenue was €64.3m over the last 12 months, up 62% from the prior year.
공시 • Jul 08ABC arbitrage SA to Report First Half, 2020 Results on Sep 22, 2020ABC arbitrage SA announced that they will report first half, 2020 results on Sep 22, 2020