Upcoming Dividend • May 11
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (9.4%). 공시 • Apr 06
Caltagirone Editore SpA, Annual General Meeting, Apr 21, 2026 Caltagirone Editore SpA, Annual General Meeting, Apr 21, 2026, at 12:00 W. Europe Standard Time. New Risk • Mar 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 7.9% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: €0.006 (vs €0.077 in FY 2024) Full year 2025 results: EPS: €0.006 (down from €0.077 in FY 2024). Revenue: €109.4m (up 5.1% from FY 2024). Net income: €626.0k (down 92% from FY 2024). Profit margin: 0.6% (down from 7.9% in FY 2024). Declared Dividend • Mar 15
Dividend of €0.04 announced Dividend of €0.04 is the same as last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.3%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.5% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공시 • Mar 13
Caltagirone Editore SpA announces Annual dividend, payable on May 20, 2026 Caltagirone Editore SpA announced Annual dividend of EUR 0.0400 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. New Risk • Feb 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Recent Insider Transactions • Dec 02
Director recently bought €51k worth of stock On the 27th of November, Pierpaolo Mori bought around 29k shares on-market at roughly €1.74 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 03
First half 2025 earnings released: EPS: €0.13 (vs €0.082 in 1H 2024) First half 2025 results: EPS: €0.13 (up from €0.082 in 1H 2024). Revenue: €50.3m (down 2.0% from 1H 2024). Net income: €13.4m (up 54% from 1H 2024). Profit margin: 27% (up from 17% in 1H 2024). New Risk • Apr 02
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.9% net profit margin). Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: €0.077 (vs €0.15 in FY 2023) Full year 2024 results: EPS: €0.077 (down from €0.15 in FY 2023). Revenue: €112.0m (flat on FY 2023). Net income: €8.19m (down 50% from FY 2023). Profit margin: 7.3% (down from 15% in FY 2023). 공시 • Mar 14
Caltagirone Editore SpA announces Annual dividend, payable on May 21, 2025 Caltagirone Editore SpA announced Annual dividend of EUR 0.0400 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Buy Or Sell Opportunity • Feb 25
Now 20% undervalued Over the last 90 days, the stock has risen 35% to €1.71. The fair value is estimated to be €2.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.72, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 30x in the Media industry in Germany. Board Change • Nov 12
Less than half of directors are independent Following 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. 6 non-independent directors. Independent Director Federica Barbaro was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.