공지 • May 03
Econocom Group SE announces Annual dividend, payable on July 02, 2026 Econocom Group SE announced Annual dividend of EUR 0.0265 per share payable on July 02, 2026, ex-date on June 30, 2026 and record date on July 01, 2026. Declared Dividend • Apr 13
Dividend of €0.05 announced Shareholders will receive a dividend of €0.05. Ex-date: 30th June 2026 Payment date: 2nd July 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 2.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.35, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the IT industry in Germany. Total loss to shareholders of 24% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €1.51 per share. New Risk • Mar 19
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 8.3% 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Feb 12
Full year 2025 earnings released Full year 2025 results: Revenue: €2.92b (up 6.5% from FY 2024). Net income: €53.2m (up 38% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Germany. Buy Or Sell Opportunity • Jan 14
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €1.67. The fair value is estimated to be €2.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 85% in the next 2 years. Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Oct 23
Econocom Group SE to Report Fiscal Year 2025 Results on Feb 10, 2026 Econocom Group SE announced that they will report fiscal year 2025 results After-Market on Feb 10, 2026 Board Change • Aug 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • May 06
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at €1.99. The fair value is estimated to be €1.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Declared Dividend • Apr 30
Dividend of €0.10 announced Shareholders will receive a dividend of €0.10. Ex-date: 30th June 2025 Payment date: 2nd July 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공지 • Apr 30
Econocom Group SE announces Annual dividend, payable on July 02, 2025 Econocom Group SE announced Annual dividend of EUR 0.0520 per share payable on July 02, 2025, ex-date on June 30, 2025 and record date on July 01, 2025. Board Change • Apr 22
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Feb 17
Econocom Group SE, Annual General Meeting, Mar 31, 2025 Econocom Group SE, Annual General Meeting, Mar 31, 2025. Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Oct 22
Econocom Group SE to Report Fiscal Year 2024 Results on Feb 13, 2025 Econocom Group SE announced that they will report fiscal year 2024 results After-Market on Feb 13, 2025 Board Change • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 13
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 19
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Philippe Capron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Apr 10
Econocom Announces Board Appointments Econocom has appointed Chantal De Vrieze and Philippe Capron to its board, for a mandate of four years. Board Change • Mar 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Eric Boustouller 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. Board Change • Sep 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Eric Boustouller 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. 공지 • Sep 18
Econocom Group SE(ENXTBR:ECONB) dropped from S&P Global BMI Index Econocom Group SE(ENXTBR:ECONB) dropped from S&P Global BMI Index New Risk • Jun 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Board Change • May 23
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Eric Boustouller 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. Reported Earnings • Feb 19
Full year 2022 earnings released Full year 2022 results: Revenue: €2.72b (up 8.5% from FY 2021). Net income: €72.6m (flat on FY 2021). Profit margin: 2.7% (down from 2.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the IT industry in Germany. Board Change • Feb 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jun 23
Upcoming dividend of €0.13 per share Eligible shareholders must have bought the stock before 30 June 2022. Payment date: 04 July 2022. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.6%). Board Change • Jun 02
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: €2.51b (down 2.1% from FY 2020). Net income: €77.6m (up 68% from FY 2020). Profit margin: 3.1% (up from 1.8% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 3.3%, compared to a 16% growth forecast for the industry in Germany. Board Change • Feb 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Marie-Christine Levet was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 29
Upcoming dividend of €0.084 per share Eligible shareholders must have bought the stock before 05 August 2021. Payment date: 09 August 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.9%). Reported Earnings • Jul 25
First half 2021 earnings released The company reported a decent first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: €1.24b (flat on 1H 2020). Net income: €31.2m (up €27.4m from 1H 2020). Profit margin: 2.5% (up from 0.3% in 1H 2020). Is New 90 Day High Low • Feb 25
New 90-day high: €3.10 The company is up 29% from its price of €2.41 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.69 per share. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improved over the past week After last week's 16% share price gain to €2.91, the stock is trading at a trailing P/E ratio of 13.1x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 32x in the IT industry in Germany. Total returns to shareholders over the past year are 14%. Is New 90 Day High Low • Feb 05
New 90-day high: €2.75 The company is up 31% from its price of €2.09 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.63 per share. Is New 90 Day High Low • Jan 15
New 90-day high: €2.52 The company is up 9.0% from its price of €2.32 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 19% over the same period. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 16% share price gain to €2.10, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 8.2x. This compares to an average P/E of 26x in the IT industry in Germany. Valuation Update With 7 Day Price Move • Oct 26
Market pulls back on stock over the past week After last week's 17% share price decline to €1.92, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 9.9x. This compares to an average P/E of 26x in the IT industry in Germany. Is New 90 Day High Low • Oct 24
New 90-day low: €1.97 The company is down 12% from its price of €2.24 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.61 per share. 공지 • Sep 09
Econocom Group SE (ENXTBR:ECONB) acquired Les Abeilles International SA from Bourbon Corporation SA. Econocom Group SE (ENXTBR:ECONB) acquired Les Abeilles International SA from Bourbon Corporation SA on September 8, 2020.
Econocom Group SE (ENXTBR:ECONB) completed the acquisition of Les Abeilles International SA from Bourbon Corporation SA on September 8, 2020. 공지 • Sep 02
Econocom Group SE (ENXTBR:ECONB) entered into an agreement to acquire B2B activities of Switch from IT Pro nv. Econocom Group SE (ENXTBR:ECONB) entered into an agreement to acquire B2B activities of Switch from IT Pro nv on September 1, 2020. In the year ended December 31, 2019 B2B activities of Switch generates revenue around of €25 million.