View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsSaras 배당 및 자사주 매입배당 기준 점검 3/6Saras 수익으로 충분히 충당되는 현재 수익률 9.39% 보유한 배당금 지급 회사입니다.핵심 정보9.4%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률2.7%배당 성장률4.0%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향47%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • May 13Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.2%).Declared Dividend • Mar 25Dividend reduced to €0.15Dividend of €0.15 is 21% lower than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 89% over the next 3 years. Since a fall of 50% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.모든 업데이트 보기Recent updates공시 • Sep 11Saras S.p.A.(BIT:SRS) dropped from Euronext 150 IndexSaras S.p.A. has been dropped from the Euronext 150 Index.공시 • Sep 05Saras to Delist on September 11Varas said on September 3, 2024 it held 95.285% of Saras' share (Saras S.p.A.) Capital at end of reopening of terms of tender offer. Joint procedure on residual shares, delisting of Saras, to take place on September 11.공시 • Aug 22Saras S.p.A.(BIT:SRS) dropped from S&P Global BMI IndexSaras S.p.A.(BIT:SRS) dropped from S&P Global BMI IndexReported Earnings • Aug 02Second quarter 2024 earnings released: EPS: €0.033 (vs €0.018 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.033 (up from €0.018 loss in 2Q 2023). Revenue: €2.88b (up 48% from 2Q 2023). Net income: €31.3m (up €48.1m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 13Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.2%).Declared Dividend • Mar 25Dividend reduced to €0.15Dividend of €0.15 is 21% lower than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 89% over the next 3 years. Since a fall of 50% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.Reported Earnings • Mar 18Full year 2023 earnings released: EPS: €0.33 (vs €0.44 in FY 2022)Full year 2023 results: EPS: €0.33 (down from €0.44 in FY 2022). Revenue: €11.4b (down 28% from FY 2022). Net income: €313.9m (down 25% from FY 2022). Profit margin: 2.7% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.82, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 270% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.76 per share.Buying Opportunity • Nov 10Now 25% undervaluedOver the last 90 days, the stock is up 7.1%. The fair value is estimated to be €1.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.4% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.Buying Opportunity • Oct 25Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be €1.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 6.9% per annum. Earnings is also forecast to decline by 40% per annum over the same time period.Reported Earnings • Aug 02Second quarter 2023 earnings released: €0.018 loss per share (vs €0.23 profit in 2Q 2022)Second quarter 2023 results: €0.018 loss per share (down from €0.23 profit in 2Q 2022). Revenue: €1.95b (down 59% from 2Q 2022). Net loss: €16.8m (down 108% from profit in 2Q 2022). Revenue is expected to decline by 6.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 13First quarter 2023 earnings released: EPS: €0.15 (vs €0.081 in 1Q 2022)First quarter 2023 results: EPS: €0.15 (up from €0.081 in 1Q 2022). Revenue: €3.47b (up 18% from 1Q 2022). Net income: €139.1m (up 82% from 1Q 2022). Profit margin: 4.0% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • Jan 31+ 3 more updatesSaras S.p.A. to Report Q1, 2023 Results on May 10, 2023Saras S.p.A. announced that they will report Q1, 2023 results on May 10, 2023Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.42, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 6.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.85 per share.Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Francesca Luchi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.058 (vs €0.039 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.058 (up from €0.039 loss in 3Q 2021). Revenue: €4.27b (up 104% from 3Q 2021). Net income: €54.8m (up €90.2m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 4.6% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.34, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 1.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.01 per share.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.10, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.98 per share.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.23 (vs €0.025 in 2Q 2021)Second quarter 2022 results: EPS: €0.23 (up from €0.025 in 2Q 2021). Revenue: €4.75b (up 125% from 2Q 2021). Net income: €215.9m (up €191.5m from 2Q 2021). Profit margin: 4.5% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.07, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.45 per share.Buying Opportunity • Jul 13Now 22% undervaluedOver the last 90 days, the stock is up 32%. The fair value is estimated to be €1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 30% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.44, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.62 per share.Buying Opportunity • Jun 19Now 20% undervaluedOver the last 90 days, the stock is up 113%. The fair value is estimated to be €1.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 30% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 4.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.59 per share.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.14, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.49 per share.Buying Opportunity • May 21Now 24% undervaluedOver the last 90 days, the stock is up 97%. The fair value is estimated to be €1.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 26% per annum over the same time period.Reported Earnings • May 18First quarter 2022 earnings released: EPS: €0.081 (vs €0.025 loss in 1Q 2021)First quarter 2022 results: EPS: €0.081 (up from €0.025 loss in 1Q 2021). Revenue: €2.95b (up 83% from 1Q 2021). Net income: €76.6m (up €100.4m from 1Q 2021). Profit margin: 2.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 2.9%, compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Board Change • Apr 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Francesca Luchi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.01 (up from €0.29 loss in FY 2020). Revenue: €8.64b (up 64% from FY 2020). Net income: €9.33m (up €284.9m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 4.0%, compared to a 73% growth forecast for the oil industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 12Third quarter 2021 earnings released: €0.039 loss per share (vs €0.007 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €2.12b (up 82% from 3Q 2020). Net loss: €35.4m (down €41.9m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS €0.025 (vs €0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.15b (up 145% from 2Q 2020). Net income: €24.4m (up €91.8m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • May 13First quarter 2021 earnings released: €0.025 loss per share (vs €0.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €1.63b (down 11% from 1Q 2020). Net loss: €23.8m (loss narrowed 79% from 1Q 2020).공시 • Apr 27Saras S.p.A. (BIT:SRS) acquired Carbon Neutrally Produced Oil of Lundin Energy AB.Saras S.p.A. (BIT:SRS) acquired Carbon Neutrally Produced Oil of Lundin Energy AB on April 26, 2021. Saras S.p.A. (BIT:SRS) completed the acquisition of Carbon Neutrally Produced Oil of Lundin Energy AB on April 26, 2021.Reported Earnings • Apr 02Full year 2020 earnings released: €0.29 loss per share (vs €0.028 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €5.34b (down 43% from FY 2019). Net loss: €275.5m (down €301.7m from profit in FY 2019).Is New 90 Day High Low • Feb 18New 90-day high: €0.71The company is up 28% from its price of €0.56 on 19 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.37 per share.Is New 90 Day High Low • Jan 08New 90-day high: €0.64The company is up 40% from its price of €0.45 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.63 per share.Is New 90 Day High Low • Nov 10New 90-day low: €0.39The company is down 38% from its price of €0.62 on 11 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.58 per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 47%. Over the next year, revenue is forecast to grow 1.3%, compared to a 11% growth forecast for the Oil and Gas industry in Germany.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: S7A 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: S7A 8 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Saras 배당 수익률 vs 시장S7A의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (S7A)9.4%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Oil and Gas)4.4%분석가 예측 (S7A) (최대 3년)2.7%주목할만한 배당금: S7A 의 배당금( 9.39% )은 German 시장에서 배당금 지급자의 하위 25%( 1.54% )보다 높습니다.고배당: S7A 의 배당금( 9.39% )은 German 시장( 4.55% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 47.5% )로 S7A 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 242.4% )이 높기 때문에 S7A 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/10 12:18종가2024/09/10 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Saras S.p.A.는 14명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Lucy HaskinsBarclaysJeremy AstonBNP ParibasAlexandre MarieBNP Paribas11명의 분석가 더 보기
Upcoming Dividend • May 13Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.2%).
Declared Dividend • Mar 25Dividend reduced to €0.15Dividend of €0.15 is 21% lower than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 89% over the next 3 years. Since a fall of 50% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Sep 11Saras S.p.A.(BIT:SRS) dropped from Euronext 150 IndexSaras S.p.A. has been dropped from the Euronext 150 Index.
공시 • Sep 05Saras to Delist on September 11Varas said on September 3, 2024 it held 95.285% of Saras' share (Saras S.p.A.) Capital at end of reopening of terms of tender offer. Joint procedure on residual shares, delisting of Saras, to take place on September 11.
공시 • Aug 22Saras S.p.A.(BIT:SRS) dropped from S&P Global BMI IndexSaras S.p.A.(BIT:SRS) dropped from S&P Global BMI Index
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: €0.033 (vs €0.018 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.033 (up from €0.018 loss in 2Q 2023). Revenue: €2.88b (up 48% from 2Q 2023). Net income: €31.3m (up €48.1m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 13Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.2%).
Declared Dividend • Mar 25Dividend reduced to €0.15Dividend of €0.15 is 21% lower than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 8.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 89% over the next 3 years. Since a fall of 50% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
Reported Earnings • Mar 18Full year 2023 earnings released: EPS: €0.33 (vs €0.44 in FY 2022)Full year 2023 results: EPS: €0.33 (down from €0.44 in FY 2022). Revenue: €11.4b (down 28% from FY 2022). Net income: €313.9m (down 25% from FY 2022). Profit margin: 2.7% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.82, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 270% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.76 per share.
Buying Opportunity • Nov 10Now 25% undervaluedOver the last 90 days, the stock is up 7.1%. The fair value is estimated to be €1.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 4.4% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.
Buying Opportunity • Oct 25Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be €1.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 6.9% per annum. Earnings is also forecast to decline by 40% per annum over the same time period.
Reported Earnings • Aug 02Second quarter 2023 earnings released: €0.018 loss per share (vs €0.23 profit in 2Q 2022)Second quarter 2023 results: €0.018 loss per share (down from €0.23 profit in 2Q 2022). Revenue: €1.95b (down 59% from 2Q 2022). Net loss: €16.8m (down 108% from profit in 2Q 2022). Revenue is expected to decline by 6.9% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: €0.15 (vs €0.081 in 1Q 2022)First quarter 2023 results: EPS: €0.15 (up from €0.081 in 1Q 2022). Revenue: €3.47b (up 18% from 1Q 2022). Net income: €139.1m (up 82% from 1Q 2022). Profit margin: 4.0% (up from 2.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • Jan 31+ 3 more updatesSaras S.p.A. to Report Q1, 2023 Results on May 10, 2023Saras S.p.A. announced that they will report Q1, 2023 results on May 10, 2023
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.42, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Oil and Gas industry in Europe. Total returns to shareholders of 6.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.85 per share.
Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Francesca Luchi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: €0.058 (vs €0.039 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.058 (up from €0.039 loss in 3Q 2021). Revenue: €4.27b (up 104% from 3Q 2021). Net income: €54.8m (up €90.2m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 4.6% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.34, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 1.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.01 per share.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.10, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.98 per share.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: €0.23 (vs €0.025 in 2Q 2021)Second quarter 2022 results: EPS: €0.23 (up from €0.025 in 2Q 2021). Revenue: €4.75b (up 125% from 2Q 2021). Net income: €215.9m (up €191.5m from 2Q 2021). Profit margin: 4.5% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 19% compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.07, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.45 per share.
Buying Opportunity • Jul 13Now 22% undervaluedOver the last 90 days, the stock is up 32%. The fair value is estimated to be €1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 30% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.44, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.62 per share.
Buying Opportunity • Jun 19Now 20% undervaluedOver the last 90 days, the stock is up 113%. The fair value is estimated to be €1.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 30% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 4.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.59 per share.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.14, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.49 per share.
Buying Opportunity • May 21Now 24% undervaluedOver the last 90 days, the stock is up 97%. The fair value is estimated to be €1.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.1% per annum. Earnings is also forecast to decline by 26% per annum over the same time period.
Reported Earnings • May 18First quarter 2022 earnings released: EPS: €0.081 (vs €0.025 loss in 1Q 2021)First quarter 2022 results: EPS: €0.081 (up from €0.025 loss in 1Q 2021). Revenue: €2.95b (up 83% from 1Q 2021). Net income: €76.6m (up €100.4m from 1Q 2021). Profit margin: 2.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 2.9%, compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Board Change • Apr 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Francesca Luchi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.01 (up from €0.29 loss in FY 2020). Revenue: €8.64b (up 64% from FY 2020). Net income: €9.33m (up €284.9m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 4.0%, compared to a 73% growth forecast for the oil industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 12Third quarter 2021 earnings released: €0.039 loss per share (vs €0.007 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €2.12b (up 82% from 3Q 2020). Net loss: €35.4m (down €41.9m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS €0.025 (vs €0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.15b (up 145% from 2Q 2020). Net income: €24.4m (up €91.8m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 13First quarter 2021 earnings released: €0.025 loss per share (vs €0.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: €1.63b (down 11% from 1Q 2020). Net loss: €23.8m (loss narrowed 79% from 1Q 2020).
공시 • Apr 27Saras S.p.A. (BIT:SRS) acquired Carbon Neutrally Produced Oil of Lundin Energy AB.Saras S.p.A. (BIT:SRS) acquired Carbon Neutrally Produced Oil of Lundin Energy AB on April 26, 2021. Saras S.p.A. (BIT:SRS) completed the acquisition of Carbon Neutrally Produced Oil of Lundin Energy AB on April 26, 2021.
Reported Earnings • Apr 02Full year 2020 earnings released: €0.29 loss per share (vs €0.028 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €5.34b (down 43% from FY 2019). Net loss: €275.5m (down €301.7m from profit in FY 2019).
Is New 90 Day High Low • Feb 18New 90-day high: €0.71The company is up 28% from its price of €0.56 on 19 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.37 per share.
Is New 90 Day High Low • Jan 08New 90-day high: €0.64The company is up 40% from its price of €0.45 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.63 per share.
Is New 90 Day High Low • Nov 10New 90-day low: €0.39The company is down 38% from its price of €0.62 on 11 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.58 per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 47%. Over the next year, revenue is forecast to grow 1.3%, compared to a 11% growth forecast for the Oil and Gas industry in Germany.