View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsNew Work 향후 성장Future 기준 점검 3/6New Work 의 수익은 연간 4.1% 감소할 것으로 예상되는 반면, 연간 수익은 32.3% 로 증가할 것으로 예상됩니다. EPS는 연간 32% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.8% 로 예상됩니다.핵심 정보32.3%이익 성장률32.03%EPS 성장률Interactive Media and Services 이익 성장30.0%매출 성장률-4.1%향후 자기자본이익률11.84%애널리스트 커버리지Low마지막 업데이트02 Sep 2024최근 향후 성장 업데이트Price Target Changed • Dec 03Price target decreased by 9.7% to €93.00Down from €103, the current price target is an average from 4 analysts. New target price is 33% above last closing price of €70.10. Stock is down 55% over the past year. The company is forecast to post earnings per share of €6.66 for next year compared to €8.20 last year.Price Target Changed • Nov 13Price target decreased by 11% to €106Down from €119, the current price target is an average from 4 analysts. New target price is 46% above last closing price of €72.40. Stock is down 47% over the past year. The company is forecast to post earnings per share of €6.33 for next year compared to €8.20 last year.Price Target Changed • Jul 11Price target decreased by 10% to €164Down from €182, the current price target is an average from 4 analysts. New target price is 32% above last closing price of €124. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of €7.45 for next year compared to €8.20 last year.Price Target Changed • May 04Price target decreased by 9.4% to €182Down from €201, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €164. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of €7.77 for next year compared to €8.20 last year.Price Target Changed • Apr 25Price target increased by 11% to €222Up from €201, the current price target is an average from 4 analysts. New target price is 35% above last closing price of €164. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of €8.39 for next year compared to €8.20 last year.Price Target Changed • Sep 14Price target decreased to €224Down from €245, the current price target is an average from 5 analysts. New target price is 75% above last closing price of €128. Stock is down 45% over the past year. The company is forecast to post earnings per share of €8.02 for next year compared to €7.05 last year.모든 업데이트 보기Recent updates공시 • Jun 05Burda Digital Se made an offer to acquire remaining 25.78% stake in New Work SE (XTRA:NWO).Burda Digital Se made an offer to acquire remaining 25.78% stake in New Work SE (XTRA:NWO) for on June 3, 2024. The offer price per share is €66.25.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €66.10, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 21x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 69% over the past three years.Upcoming Dividend • May 29Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.6%).Reported Earnings • May 07First quarter 2024 earnings released: €3.01 loss per share (vs €1.25 profit in 1Q 2023)First quarter 2024 results: €3.01 loss per share (down from €1.25 profit in 1Q 2023). Revenue: €77.1m (down 7.6% from 1Q 2023). Net loss: €16.9m (down 340% from profit in 1Q 2023). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.8%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.Declared Dividend • Apr 24Dividend of €1.00 announcedShareholders will receive a dividend of €1.00. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.New Risk • Mar 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: €6.56 (vs €8.20 in FY 2022)Full year 2023 results: EPS: €6.56 (down from €8.20 in FY 2022). Revenue: €329.7m (down 1.3% from FY 2022). Net income: €36.9m (down 20% from FY 2022). Profit margin: 11% (down from 14% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.9%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 23Now 20% overvaluedOver the last 90 days, the stock has fallen 10% to €62.90. The fair value is estimated to be €52.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 5.9%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are also forecast to decline by 27% per annum over the same time period.Buy Or Sell Opportunity • Feb 08Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to €63.80. The fair value is estimated to be €51.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 5.9%. Revenue is forecast to decline by 15% in 2 years. Earnings are forecast to decline by 42% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €54.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 76% over the past three years.Price Target Changed • Dec 03Price target decreased by 9.7% to €93.00Down from €103, the current price target is an average from 4 analysts. New target price is 33% above last closing price of €70.10. Stock is down 55% over the past year. The company is forecast to post earnings per share of €6.66 for next year compared to €8.20 last year.공시 • Nov 29+ 4 more updatesNew Work SE to Report Q3, 2024 Results on Nov 06, 2024New Work SE announced that they will report Q3, 2024 results on Nov 06, 2024Price Target Changed • Nov 13Price target decreased by 11% to €106Down from €119, the current price target is an average from 4 analysts. New target price is 46% above last closing price of €72.40. Stock is down 47% over the past year. The company is forecast to post earnings per share of €6.33 for next year compared to €8.20 last year.Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: €2.40 (vs €2.55 in 3Q 2022)Third quarter 2023 results: EPS: €2.40 (down from €2.55 in 3Q 2022). Revenue: €82.2m (down 2.3% from 3Q 2022). Net income: €13.5m (down 5.9% from 3Q 2022). Profit margin: 16% (in line with 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €86.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €172 per share.New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (90% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: €1.78 (vs €2.00 in 2Q 2022)Second quarter 2023 results: EPS: €1.78 (down from €2.00 in 2Q 2022). Revenue: €83.4m (flat on 2Q 2022). Net income: €10.0m (down 11% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.Price Target Changed • Jul 11Price target decreased by 10% to €164Down from €182, the current price target is an average from 4 analysts. New target price is 32% above last closing price of €124. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of €7.45 for next year compared to €8.20 last year.Upcoming Dividend • May 18Upcoming dividend of €6.72 per share at 5.3% yieldEligible shareholders must have bought the stock before 25 May 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).Reported Earnings • May 05First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: €1.25 (down from €2.16 in 1Q 2022). Revenue: €84.2m (up 5.5% from 1Q 2022). Net income: €7.04m (down 42% from 1Q 2022). Profit margin: 8.4% (down from 15% in 1Q 2022). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Buying Opportunity • May 05Now 42% undervalued after recent price dropOver the last 90 days, the stock is down 2.0%. The fair value is estimated to be €284, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.Price Target Changed • May 04Price target decreased by 9.4% to €182Down from €201, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €164. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of €7.77 for next year compared to €8.20 last year.Price Target Changed • Apr 25Price target increased by 11% to €222Up from €201, the current price target is an average from 4 analysts. New target price is 35% above last closing price of €164. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of €8.39 for next year compared to €8.20 last year.Reported Earnings • Apr 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: €8.20 (up from €7.71 in FY 2021). Revenue: €334.1m (up 9.1% from FY 2021). Net income: €46.1m (up 6.4% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.Buying Opportunity • Mar 28Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 4.9%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Buying Opportunity • Mar 03Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €8.20 (vs €7.05 in FY 2021)Full year 2022 results: EPS: €8.20 (up from €7.05 in FY 2021). Revenue: €337.1m (up 7.2% from FY 2021). Net income: €46.1m (up 16% from FY 2021). Profit margin: 14% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: €2.55 (up from €1.32 in 3Q 2021). Revenue: €84.1m (up 8.4% from 3Q 2021). Net income: €14.3m (up 106% from 3Q 2021). Profit margin: 17% (up from 9.0% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 12Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: €2.55 (up from €1.16 in 3Q 2021). Revenue: €85.1m (up 6.9% from 3Q 2021). Net income: €14.3m (up 119% from 3Q 2021). Profit margin: 17% (up from 8.2% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.공시 • Nov 10+ 5 more updatesNew Work SE to Report Fiscal Year 2022 Results on Mar 22, 2023New Work SE announced that they will report fiscal year 2022 results on Mar 22, 2023Price Target Changed • Sep 14Price target decreased to €224Down from €245, the current price target is an average from 5 analysts. New target price is 75% above last closing price of €128. Stock is down 45% over the past year. The company is forecast to post earnings per share of €8.02 for next year compared to €7.05 last year.Price Target Changed • Aug 24Price target decreased to €233Down from €252, the current price target is an average from 5 analysts. New target price is 83% above last closing price of €127. Stock is down 49% over the past year. The company is forecast to post earnings per share of €8.02 for next year compared to €7.05 last year.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: €2.00 (vs €2.41 in 2Q 2021)Second quarter 2022 results: EPS: €2.00 (down from €2.41 in 2Q 2021). Revenue: €83.4m (up 8.2% from 2Q 2021). Net income: €11.2m (down 17% from 2Q 2021). Profit margin: 14% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • May 26Upcoming dividend of €6.36 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 06 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (1.9%).Reported Earnings • May 06First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: €2.12 (down from €2.15 in 1Q 2021). Revenue: €82.2m (up 9.9% from 1Q 2021). Net income: €11.9m (down 1.7% from 1Q 2021). Profit margin: 14% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 1.5%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €7.05 (up from €4.65 in FY 2020). Revenue: €314.5m (up 4.8% from FY 2020). Net income: €39.6m (up 52% from FY 2020). Profit margin: 13% (up from 8.7% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 1.5%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 22% share price gain to €190, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €182 per share.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS €1.16 (vs €2.17 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €80.1m (up 8.9% from 3Q 2020). Net income: €6.54m (down 46% from 3Q 2020). Profit margin: 8.2% (down from 17% in 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS €2.41 (vs €2.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €77.4m (up 3.6% from 2Q 2020). Net income: €13.6m (up 12% from 2Q 2020). Profit margin: 18% (up from 16% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €234, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share.Upcoming Dividend • May 13Upcoming dividend of €2.59 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 24 May 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (1.1%).Price Target Changed • May 07Price target increased to €260Up from €237, the current price target is an average from 5 analysts. New target price is 5.7% below last closing price of €276. Stock is up 19% over the past year.Reported Earnings • May 07First quarter 2021 earnings released: EPS €2.15 (vs €1.28 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €75.2m (flat on 1Q 2020). Net income: €12.1m (up 68% from 1Q 2020). Profit margin: 16% (up from 9.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year.Analyst Estimate Surprise Post Earnings • Feb 25Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.1%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the next year, revenue is expected to shrink by 3.5% compared to a 38% growth forecast for the Interactive Media and Services industry in Germany.Is New 90 Day High Low • Feb 19New 90-day low: €226The company is down 6.0% from its price of €239 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €167 per share.Is New 90 Day High Low • Jan 06New 90-day high: €287The company is up 15% from its price of €250 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €176 per share.Is New 90 Day High Low • Dec 17New 90-day high: €265The company is up 10.0% from its price of €242 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €129 per share.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS €2.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €74.1m (down 1.7% from 3Q 2019). Net income: €12.2m (up 208% from 3Q 2019). Profit margin: 17% (up from 5.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Over the next year, revenue is expected to shrink by 5.1% compared to a 29% growth forecast for the Interactive Media and Services industry in Germany.Is New 90 Day High Low • Nov 05New 90-day low: €218The company is down 23% from its price of €283 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €107 per share.이익 및 매출 성장 예측DB:NWO - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2026271223558212/31/2025269183357212/31/20242737174726/30/202430612-618N/A3/31/2024320131035N/A12/31/2023330373362N/A9/30/2023334393267N/A6/30/2023337404277N/A3/31/2023338413974N/A12/31/2022334464879N/A9/30/2022327483983N/A6/30/2022321404780N/A3/31/2022313434485N/A12/31/2021306434186N/A9/30/2021302286388N/A6/30/2021298336096N/A3/31/2021298315488N/A12/31/2020300264881N/A9/30/2020302514882N/A6/30/2020304434279N/A3/31/2020301414783N/A12/31/2019294434480N/A9/30/2019285304478N/A6/30/2019274354577N/A3/31/2019264344577N/A12/31/2018256314174N/A9/30/2018240293470N/A6/30/2018224283370N/A3/31/201820527N/A67N/A12/31/201718626N/A62N/A9/30/201717326N/A62N/A6/30/201716225N/A56N/A3/31/201715423N/A58N/A12/31/201614624N/A50N/A9/30/201613922N/A48N/A6/30/201613221N/A46N/A3/31/201612619N/A35N/A12/31/201512018N/A36N/A9/30/201511511N/A37N/A6/30/201511011N/A38N/A3/31/20151059N/A41N/A12/31/2014996N/A34N/A9/30/20149410N/A30N/A6/30/2014908N/A24N/A3/31/2014868N/A25N/A12/31/2013839N/A24N/A9/30/2013809N/A22N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: NWO 의 연간 예상 수익 증가율(32.3%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: NWO 의 연간 수익(32.3%)이 German 시장(16.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: NWO 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: NWO 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -4.1%).고성장 매출: NWO 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -4.1%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: NWO의 자본 수익률은 3년 후 11.8%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/03 06:03종가2024/08/30 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 소스New Work SE는 13명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Beatrice AllenBerenbergWolfgang SpechtBerenbergMark BraleyDeutsche Bank10명의 분석가 더 보기
Price Target Changed • Dec 03Price target decreased by 9.7% to €93.00Down from €103, the current price target is an average from 4 analysts. New target price is 33% above last closing price of €70.10. Stock is down 55% over the past year. The company is forecast to post earnings per share of €6.66 for next year compared to €8.20 last year.
Price Target Changed • Nov 13Price target decreased by 11% to €106Down from €119, the current price target is an average from 4 analysts. New target price is 46% above last closing price of €72.40. Stock is down 47% over the past year. The company is forecast to post earnings per share of €6.33 for next year compared to €8.20 last year.
Price Target Changed • Jul 11Price target decreased by 10% to €164Down from €182, the current price target is an average from 4 analysts. New target price is 32% above last closing price of €124. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of €7.45 for next year compared to €8.20 last year.
Price Target Changed • May 04Price target decreased by 9.4% to €182Down from €201, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €164. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of €7.77 for next year compared to €8.20 last year.
Price Target Changed • Apr 25Price target increased by 11% to €222Up from €201, the current price target is an average from 4 analysts. New target price is 35% above last closing price of €164. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of €8.39 for next year compared to €8.20 last year.
Price Target Changed • Sep 14Price target decreased to €224Down from €245, the current price target is an average from 5 analysts. New target price is 75% above last closing price of €128. Stock is down 45% over the past year. The company is forecast to post earnings per share of €8.02 for next year compared to €7.05 last year.
공시 • Jun 05Burda Digital Se made an offer to acquire remaining 25.78% stake in New Work SE (XTRA:NWO).Burda Digital Se made an offer to acquire remaining 25.78% stake in New Work SE (XTRA:NWO) for on June 3, 2024. The offer price per share is €66.25.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €66.10, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 21x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 69% over the past three years.
Upcoming Dividend • May 29Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.6%).
Reported Earnings • May 07First quarter 2024 earnings released: €3.01 loss per share (vs €1.25 profit in 1Q 2023)First quarter 2024 results: €3.01 loss per share (down from €1.25 profit in 1Q 2023). Revenue: €77.1m (down 7.6% from 1Q 2023). Net loss: €16.9m (down 340% from profit in 1Q 2023). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.8%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Apr 24Dividend of €1.00 announcedShareholders will receive a dividend of €1.00. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.
New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
New Risk • Mar 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: €6.56 (vs €8.20 in FY 2022)Full year 2023 results: EPS: €6.56 (down from €8.20 in FY 2022). Revenue: €329.7m (down 1.3% from FY 2022). Net income: €36.9m (down 20% from FY 2022). Profit margin: 11% (down from 14% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.9%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 23Now 20% overvaluedOver the last 90 days, the stock has fallen 10% to €62.90. The fair value is estimated to be €52.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 5.9%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are also forecast to decline by 27% per annum over the same time period.
Buy Or Sell Opportunity • Feb 08Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to €63.80. The fair value is estimated to be €51.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 5.9%. Revenue is forecast to decline by 15% in 2 years. Earnings are forecast to decline by 42% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €54.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 76% over the past three years.
Price Target Changed • Dec 03Price target decreased by 9.7% to €93.00Down from €103, the current price target is an average from 4 analysts. New target price is 33% above last closing price of €70.10. Stock is down 55% over the past year. The company is forecast to post earnings per share of €6.66 for next year compared to €8.20 last year.
공시 • Nov 29+ 4 more updatesNew Work SE to Report Q3, 2024 Results on Nov 06, 2024New Work SE announced that they will report Q3, 2024 results on Nov 06, 2024
Price Target Changed • Nov 13Price target decreased by 11% to €106Down from €119, the current price target is an average from 4 analysts. New target price is 46% above last closing price of €72.40. Stock is down 47% over the past year. The company is forecast to post earnings per share of €6.33 for next year compared to €8.20 last year.
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: €2.40 (vs €2.55 in 3Q 2022)Third quarter 2023 results: EPS: €2.40 (down from €2.55 in 3Q 2022). Revenue: €82.2m (down 2.3% from 3Q 2022). Net income: €13.5m (down 5.9% from 3Q 2022). Profit margin: 16% (in line with 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €86.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €172 per share.
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (90% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: €1.78 (vs €2.00 in 2Q 2022)Second quarter 2023 results: EPS: €1.78 (down from €2.00 in 2Q 2022). Revenue: €83.4m (flat on 2Q 2022). Net income: €10.0m (down 11% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
Price Target Changed • Jul 11Price target decreased by 10% to €164Down from €182, the current price target is an average from 4 analysts. New target price is 32% above last closing price of €124. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of €7.45 for next year compared to €8.20 last year.
Upcoming Dividend • May 18Upcoming dividend of €6.72 per share at 5.3% yieldEligible shareholders must have bought the stock before 25 May 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).
Reported Earnings • May 05First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: €1.25 (down from €2.16 in 1Q 2022). Revenue: €84.2m (up 5.5% from 1Q 2022). Net income: €7.04m (down 42% from 1Q 2022). Profit margin: 8.4% (down from 15% in 1Q 2022). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Buying Opportunity • May 05Now 42% undervalued after recent price dropOver the last 90 days, the stock is down 2.0%. The fair value is estimated to be €284, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.
Price Target Changed • May 04Price target decreased by 9.4% to €182Down from €201, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €164. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of €7.77 for next year compared to €8.20 last year.
Price Target Changed • Apr 25Price target increased by 11% to €222Up from €201, the current price target is an average from 4 analysts. New target price is 35% above last closing price of €164. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of €8.39 for next year compared to €8.20 last year.
Reported Earnings • Apr 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: €8.20 (up from €7.71 in FY 2021). Revenue: €334.1m (up 9.1% from FY 2021). Net income: €46.1m (up 6.4% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year.
Buying Opportunity • Mar 28Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 4.9%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Buying Opportunity • Mar 03Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €8.20 (vs €7.05 in FY 2021)Full year 2022 results: EPS: €8.20 (up from €7.05 in FY 2021). Revenue: €337.1m (up 7.2% from FY 2021). Net income: €46.1m (up 16% from FY 2021). Profit margin: 14% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: €2.55 (up from €1.32 in 3Q 2021). Revenue: €84.1m (up 8.4% from 3Q 2021). Net income: €14.3m (up 106% from 3Q 2021). Profit margin: 17% (up from 9.0% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 12Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: €2.55 (up from €1.16 in 3Q 2021). Revenue: €85.1m (up 6.9% from 3Q 2021). Net income: €14.3m (up 119% from 3Q 2021). Profit margin: 17% (up from 8.2% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
공시 • Nov 10+ 5 more updatesNew Work SE to Report Fiscal Year 2022 Results on Mar 22, 2023New Work SE announced that they will report fiscal year 2022 results on Mar 22, 2023
Price Target Changed • Sep 14Price target decreased to €224Down from €245, the current price target is an average from 5 analysts. New target price is 75% above last closing price of €128. Stock is down 45% over the past year. The company is forecast to post earnings per share of €8.02 for next year compared to €7.05 last year.
Price Target Changed • Aug 24Price target decreased to €233Down from €252, the current price target is an average from 5 analysts. New target price is 83% above last closing price of €127. Stock is down 49% over the past year. The company is forecast to post earnings per share of €8.02 for next year compared to €7.05 last year.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: €2.00 (vs €2.41 in 2Q 2021)Second quarter 2022 results: EPS: €2.00 (down from €2.41 in 2Q 2021). Revenue: €83.4m (up 8.2% from 2Q 2021). Net income: €11.2m (down 17% from 2Q 2021). Profit margin: 14% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • May 26Upcoming dividend of €6.36 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 06 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (1.9%).
Reported Earnings • May 06First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: €2.12 (down from €2.15 in 1Q 2021). Revenue: €82.2m (up 9.9% from 1Q 2021). Net income: €11.9m (down 1.7% from 1Q 2021). Profit margin: 14% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 1.5%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €7.05 (up from €4.65 in FY 2020). Revenue: €314.5m (up 4.8% from FY 2020). Net income: €39.6m (up 52% from FY 2020). Profit margin: 13% (up from 8.7% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 1.5%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 22% share price gain to €190, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €182 per share.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS €1.16 (vs €2.17 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €80.1m (up 8.9% from 3Q 2020). Net income: €6.54m (down 46% from 3Q 2020). Profit margin: 8.2% (down from 17% in 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS €2.41 (vs €2.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €77.4m (up 3.6% from 2Q 2020). Net income: €13.6m (up 12% from 2Q 2020). Profit margin: 18% (up from 16% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €234, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share.
Upcoming Dividend • May 13Upcoming dividend of €2.59 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 24 May 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (1.1%).
Price Target Changed • May 07Price target increased to €260Up from €237, the current price target is an average from 5 analysts. New target price is 5.7% below last closing price of €276. Stock is up 19% over the past year.
Reported Earnings • May 07First quarter 2021 earnings released: EPS €2.15 (vs €1.28 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €75.2m (flat on 1Q 2020). Net income: €12.1m (up 68% from 1Q 2020). Profit margin: 16% (up from 9.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year.
Analyst Estimate Surprise Post Earnings • Feb 25Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.1%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the next year, revenue is expected to shrink by 3.5% compared to a 38% growth forecast for the Interactive Media and Services industry in Germany.
Is New 90 Day High Low • Feb 19New 90-day low: €226The company is down 6.0% from its price of €239 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €167 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €287The company is up 15% from its price of €250 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €176 per share.
Is New 90 Day High Low • Dec 17New 90-day high: €265The company is up 10.0% from its price of €242 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €129 per share.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS €2.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €74.1m (down 1.7% from 3Q 2019). Net income: €12.2m (up 208% from 3Q 2019). Profit margin: 17% (up from 5.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Over the next year, revenue is expected to shrink by 5.1% compared to a 29% growth forecast for the Interactive Media and Services industry in Germany.
Is New 90 Day High Low • Nov 05New 90-day low: €218The company is down 23% from its price of €283 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €107 per share.