View Financial HealthSAF Tehnika 배당 및 자사주 매입배당 기준 점검 0/6SAF Tehnika 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Dec 12Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).공시 • Dec 08SAF Tehnika A/S Approves Dividend, Payable on December 21, 2022SAF Tehnika A/S approved to pay in dividends EUR 0.68 (sixty- eight cents) per one SAF Tehnika JSC share or total amount of EUR 2,019,722.40 (two million nineteen thousand seven hundred twenty-two euros 40 cents); The date of record is 20 December, 2022. The date of payment is 21 December, 2022. Ex-date is 19 December, 2022.Upcoming Dividend • Dec 14Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.0%).Upcoming Dividend • Dec 10Upcoming Dividend of €0.21 Per ShareWill be paid on the 21st of December to those who are registered shareholders by the 17th of December. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (1.4%).모든 업데이트 보기Recent updatesNew Risk • Jun 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (€32.4m market cap, or US$37.8m).Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €10.80, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 32x in the Communications industry in Europe. Total loss to shareholders of 8.9% over the past three years.공시 • Nov 15SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025, at 10:00 FLE Standard Time.공시 • Aug 01+ 3 more updatesSAF Tehnika A/S to Report Q3, 2026 Results on May 13, 2026SAF Tehnika A/S announced that they will report Q3, 2026 results on May 13, 2026Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: €0.27 (vs €0.50 loss in 1Q 2024)First quarter 2025 results: EPS: €0.27 (up from €0.50 loss in 1Q 2024). Revenue: €8.57m (up 59% from 1Q 2024). Net income: €813.9k (up €2.29m from 1Q 2024). Profit margin: 9.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.공시 • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024, at 10:00 FLE Standard Time.공시 • Nov 03Saf Tehnika Unveils Freemile 60Peraso Inc. announced that SAF Tehnika JSC ("SAF") has released the FreeMile 60 (FreeMile) radio to provide fixed wireless access (FWA) using Peraso's Perspectus mmWave modules with the X720 chipset. Utilizing the unlicensed 60 GHz band, FreeMile's 90-degree multipoint setup enables wireless Internet service providers (WISPs) to maximize network coverage with minimal infrastructure. With one antenna providing 90° beamforming coverage and optional antenna kits for enhanced directionality, FreeMile's modular design delivers flexibility and efficiency. FreeMile has been released with FCC and CE regulatory certification and is available immediately in North America, Europe and other locations throughout SAF's distribution network. Peraso has been a pioneer of high-performance mmWave phased array solutions for more than a decade. As one of the only providers of solutions for all mmWave communication bands (24GHz - 71GHz), Peraso believes its technology is attractive to WISPs of all sizes. Peraso's fully integrated, unlicensed 60GHz solutions are being deployed and used worldwide for a variety of applications, as demand for alternative FWA broadband platforms continues to grow.Reported Earnings • Aug 20Full year 2024 earnings released: €0.80 loss per share (vs €1.19 profit in FY 2023)Full year 2024 results: €0.80 loss per share (down from €1.19 profit in FY 2023). Revenue: €28.0m (down 25% from FY 2023). Net loss: €2.39m (down 168% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.공시 • Jul 22+ 3 more updatesSAF Tehnika A/S to Report Q4, 2025 Results on Aug 13, 2025SAF Tehnika A/S announced that they will report Q4, 2025 results on Aug 13, 2025Reported Earnings • May 17Third quarter 2024 earnings released: €0.32 loss per share (vs €0.33 loss in 3Q 2023)Third quarter 2024 results: €0.32 loss per share (improved from €0.33 loss in 3Q 2023). Revenue: €6.87m (up 3.5% from 3Q 2023). Net loss: €942.1k (loss narrowed 3.2% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% 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.Reported Earnings • Feb 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.34 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.34 in 2Q 2023). Revenue: €8.22m (down 22% from 2Q 2023). Net income: €522.9k (down 48% from 2Q 2023). Profit margin: 6.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Buying Opportunity • Nov 15Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €9.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making.공시 • Nov 13SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023, at 10:00 E. Europe Standard Time. Location: 24a, Ganibu dambis Riga Latvia Agenda: To consider approval of report of the Board of Directors and the Supervisory Council; to consider approval of the annual report for the financial year 2022/2023 and release the Board of Directors from responsibility for financial year 2022/2023; to consider taking a decision regarding distribution of FY 2022/2023 profit; to consider appointment of the auditor for the financial year 2023/2024 and determination of reward for the auditor; to consider approval of Management Board and Supervisory Council remuneration report; to consider amendments to the wording of the Articles of Association.Reported Earnings • Nov 12First quarter 2024 earnings released: €0.50 loss per share (vs €0.86 profit in 1Q 2023)First quarter 2024 results: €0.50 loss per share (down from €0.86 profit in 1Q 2023). Revenue: €6.31m (down 45% from 1Q 2023). Net loss: €1.47m (down 158% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €7.94, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 128% over the past three years.Reported Earnings • Aug 13Full year 2023 earnings released: EPS: €1.14 (vs €2.05 in FY 2022)Full year 2023 results: EPS: €1.14 (down from €2.05 in FY 2022). Revenue: €37.5m (up 11% from FY 2022). Net income: €3.39m (down 44% from FY 2022). Profit margin: 9.0% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year and the company’s share price has also increased by 41% per year.공시 • Aug 05+ 3 more updatesSAF Tehnika A/S to Report Q4, 2024 Results on Aug 14, 2024SAF Tehnika A/S announced that they will report Q4, 2024 results on Aug 14, 2024Reported Earnings • May 10Third quarter 2023 earnings released: €0.33 loss per share (vs €0.56 profit in 3Q 2022)Third quarter 2023 results: €0.33 loss per share (down from €0.56 profit in 3Q 2022). Revenue: €6.73m (down 22% from 3Q 2022). Net loss: €973.7k (down 159% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year and the company’s share price has also increased by 57% per year.Reported Earnings • Feb 10Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €10.6m (up 16% from 2Q 2022). Net income: €1.00m (down 49% from 2Q 2022). Profit margin: 9.5% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 12Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).공시 • Dec 08SAF Tehnika A/S Approves Dividend, Payable on December 21, 2022SAF Tehnika A/S approved to pay in dividends EUR 0.68 (sixty- eight cents) per one SAF Tehnika JSC share or total amount of EUR 2,019,722.40 (two million nineteen thousand seven hundred twenty-two euros 40 cents); The date of record is 20 December, 2022. The date of payment is 21 December, 2022. Ex-date is 19 December, 2022.공시 • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022, at 10:00 Coordinated Universal Time. Agenda: To discuss Approval of report of the Board of Directors and the Supervisory Council; to discuss Approval of the annual report for the financial year 2021/2022 and release the Board of Directors from responsibility for financial year 2021/2022; to discuss regarding distribution of FY 2021/2022 profit; to discuss Appointment of the auditor for the financial year 2022/2023 and determination of reward for the auditor; and to discuss Approval of Management Board and Supervisory Council remuneration report.Reported Earnings • Aug 19Full year 2022 earnings released: EPS: €2.01 (vs €1.31 in FY 2021)Full year 2022 results: EPS: €2.01 (up from €1.31 in FY 2021). Revenue: €34.4m (up 37% from FY 2021). Net income: €5.96m (up 54% from FY 2021). Profit margin: 17% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.공시 • Aug 11+ 3 more updatesSAF Tehnika A/S to Report Q4, 2023 Results on Aug 09, 2023SAF Tehnika A/S announced that they will report Q4, 2023 results on Aug 09, 2023Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.30, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 392% over the past three years.공시 • Feb 18SAF Tehnika to Be Deleted from Other OTCSAF Tehnika A/S Ordinary Shares will be deleted from Other OTC effective February 18, 2022. The deletion is due to Inactive Security.Reported Earnings • Feb 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: €0.66 (up from €0.26 in 2Q 2021). Revenue: €9.22m (up 37% from 2Q 2021). Net income: €1.97m (up 157% from 2Q 2021). Profit margin: 21% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 14Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.85, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 30x in the Communications industry in Europe. Total returns to shareholders of 311% over the past three years.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 36% share price gain to €10.60, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 47x in the Communications industry in Europe. Total returns to shareholders of 225% over the past three years.Reported Earnings • Aug 12Full year 2021 earnings released: EPS €1.40 (vs €0.15 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €26.3m (up 57% from FY 2020). Net income: €4.15m (up €3.71m from FY 2020). Profit margin: 16% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17Third quarter 2021 earnings released: EPS €0.33 (vs €0.05 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €6.21m (up 38% from 3Q 2020). Net income: €967.1k (up €808.1k from 3Q 2020). Profit margin: 16% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 05New 90-day high: €6.25The company is up 49% from its price of €4.20 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 24% over the same period.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to €5.60, the stock is trading at a trailing P/E ratio of 15.1x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 36x in the Communications industry in Europe. Total returns to shareholders over the past three years are 12%.Reported Earnings • Feb 13Second quarter 2021 earnings released: EPS €0.26 (vs €0.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €6.71m (up 42% from 2Q 2020). Net income: €766.1k (up 297% from 2Q 2020). Profit margin: 11% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 10New 90-day high: €4.72The company is up 16% from its price of €4.08 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 19New 90-day high: €4.64The company is up 33% from its price of €3.48 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 26% over the same period.Upcoming Dividend • Dec 10Upcoming Dividend of €0.21 Per ShareWill be paid on the 21st of December to those who are registered shareholders by the 17th of December. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (1.4%).Is New 90 Day High Low • Dec 05New 90-day high: €4.20The company is up 20% from its price of €3.50 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is flat over the same period.Reported Earnings • Nov 12First quarter 2021 earnings released: EPS €0.13The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €4.71m (up 18% from 1Q 2020). Net income: €378.1k (up 46% from 1Q 2020). Profit margin: 8.0% (up from 6.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 05New 90-day high: €3.64The company is up 1.0% from its price of €3.62 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 11% over the same period.공시 • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020, at 15:00 E. Europe Standard Time. Agenda: To consider and approve report of the Board of Directors and the Supervisory Council; to consider the annual report for the financial year 2019/2020 and release the Board of Directors from responsibility for financial year 2019/2020; to consider Taking a decision regarding distribution of FY 2019/2020 profit; to consider appointment of the auditor for the financial year 2020/2021 and determination of reward for the auditor; and to consider Approval of Management Board and Supervisory Council remuneration policy.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 VTZ 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: VTZ 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장SAF Tehnika 배당 수익률 vs 시장VTZ의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (VTZ)n/a시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.7%업계 평균 (Communications)1.7%분석가 예측 (VTZ) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 VTZ 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 VTZ 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 VTZ 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: VTZ 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 05:31종가2026/06/10 00:00수익2026/03/31연간 수익2025/06/30데이터 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 소스SAF Tehnika A/S는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Dec 12Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).
공시 • Dec 08SAF Tehnika A/S Approves Dividend, Payable on December 21, 2022SAF Tehnika A/S approved to pay in dividends EUR 0.68 (sixty- eight cents) per one SAF Tehnika JSC share or total amount of EUR 2,019,722.40 (two million nineteen thousand seven hundred twenty-two euros 40 cents); The date of record is 20 December, 2022. The date of payment is 21 December, 2022. Ex-date is 19 December, 2022.
Upcoming Dividend • Dec 14Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.0%).
Upcoming Dividend • Dec 10Upcoming Dividend of €0.21 Per ShareWill be paid on the 21st of December to those who are registered shareholders by the 17th of December. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (1.4%).
New Risk • Jun 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (€32.4m market cap, or US$37.8m).
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €10.80, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 32x in the Communications industry in Europe. Total loss to shareholders of 8.9% over the past three years.
공시 • Nov 15SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025SAF Tehnika A/S, Annual General Meeting, Dec 16, 2025, at 10:00 FLE Standard Time.
공시 • Aug 01+ 3 more updatesSAF Tehnika A/S to Report Q3, 2026 Results on May 13, 2026SAF Tehnika A/S announced that they will report Q3, 2026 results on May 13, 2026
Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: €0.27 (vs €0.50 loss in 1Q 2024)First quarter 2025 results: EPS: €0.27 (up from €0.50 loss in 1Q 2024). Revenue: €8.57m (up 59% from 1Q 2024). Net income: €813.9k (up €2.29m from 1Q 2024). Profit margin: 9.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
공시 • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024SAF Tehnika A/S, Annual General Meeting, Dec 04, 2024, at 10:00 FLE Standard Time.
공시 • Nov 03Saf Tehnika Unveils Freemile 60Peraso Inc. announced that SAF Tehnika JSC ("SAF") has released the FreeMile 60 (FreeMile) radio to provide fixed wireless access (FWA) using Peraso's Perspectus mmWave modules with the X720 chipset. Utilizing the unlicensed 60 GHz band, FreeMile's 90-degree multipoint setup enables wireless Internet service providers (WISPs) to maximize network coverage with minimal infrastructure. With one antenna providing 90° beamforming coverage and optional antenna kits for enhanced directionality, FreeMile's modular design delivers flexibility and efficiency. FreeMile has been released with FCC and CE regulatory certification and is available immediately in North America, Europe and other locations throughout SAF's distribution network. Peraso has been a pioneer of high-performance mmWave phased array solutions for more than a decade. As one of the only providers of solutions for all mmWave communication bands (24GHz - 71GHz), Peraso believes its technology is attractive to WISPs of all sizes. Peraso's fully integrated, unlicensed 60GHz solutions are being deployed and used worldwide for a variety of applications, as demand for alternative FWA broadband platforms continues to grow.
Reported Earnings • Aug 20Full year 2024 earnings released: €0.80 loss per share (vs €1.19 profit in FY 2023)Full year 2024 results: €0.80 loss per share (down from €1.19 profit in FY 2023). Revenue: €28.0m (down 25% from FY 2023). Net loss: €2.39m (down 168% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
공시 • Jul 22+ 3 more updatesSAF Tehnika A/S to Report Q4, 2025 Results on Aug 13, 2025SAF Tehnika A/S announced that they will report Q4, 2025 results on Aug 13, 2025
Reported Earnings • May 17Third quarter 2024 earnings released: €0.32 loss per share (vs €0.33 loss in 3Q 2023)Third quarter 2024 results: €0.32 loss per share (improved from €0.33 loss in 3Q 2023). Revenue: €6.87m (up 3.5% from 3Q 2023). Net loss: €942.1k (loss narrowed 3.2% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% 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.
Reported Earnings • Feb 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.34 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.34 in 2Q 2023). Revenue: €8.22m (down 22% from 2Q 2023). Net income: €522.9k (down 48% from 2Q 2023). Profit margin: 6.4% (down from 9.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Buying Opportunity • Nov 15Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €9.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making.
공시 • Nov 13SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023SAF Tehnika A/S, Annual General Meeting, Dec 13, 2023, at 10:00 E. Europe Standard Time. Location: 24a, Ganibu dambis Riga Latvia Agenda: To consider approval of report of the Board of Directors and the Supervisory Council; to consider approval of the annual report for the financial year 2022/2023 and release the Board of Directors from responsibility for financial year 2022/2023; to consider taking a decision regarding distribution of FY 2022/2023 profit; to consider appointment of the auditor for the financial year 2023/2024 and determination of reward for the auditor; to consider approval of Management Board and Supervisory Council remuneration report; to consider amendments to the wording of the Articles of Association.
Reported Earnings • Nov 12First quarter 2024 earnings released: €0.50 loss per share (vs €0.86 profit in 1Q 2023)First quarter 2024 results: €0.50 loss per share (down from €0.86 profit in 1Q 2023). Revenue: €6.31m (down 45% from 1Q 2023). Net loss: €1.47m (down 158% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €7.94, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 128% over the past three years.
Reported Earnings • Aug 13Full year 2023 earnings released: EPS: €1.14 (vs €2.05 in FY 2022)Full year 2023 results: EPS: €1.14 (down from €2.05 in FY 2022). Revenue: €37.5m (up 11% from FY 2022). Net income: €3.39m (down 44% from FY 2022). Profit margin: 9.0% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year and the company’s share price has also increased by 41% per year.
공시 • Aug 05+ 3 more updatesSAF Tehnika A/S to Report Q4, 2024 Results on Aug 14, 2024SAF Tehnika A/S announced that they will report Q4, 2024 results on Aug 14, 2024
Reported Earnings • May 10Third quarter 2023 earnings released: €0.33 loss per share (vs €0.56 profit in 3Q 2022)Third quarter 2023 results: €0.33 loss per share (down from €0.56 profit in 3Q 2022). Revenue: €6.73m (down 22% from 3Q 2022). Net loss: €973.7k (down 159% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year and the company’s share price has also increased by 57% per year.
Reported Earnings • Feb 10Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €10.6m (up 16% from 2Q 2022). Net income: €1.00m (down 49% from 2Q 2022). Profit margin: 9.5% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 12Upcoming dividend of €0.68 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.5%).
공시 • Dec 08SAF Tehnika A/S Approves Dividend, Payable on December 21, 2022SAF Tehnika A/S approved to pay in dividends EUR 0.68 (sixty- eight cents) per one SAF Tehnika JSC share or total amount of EUR 2,019,722.40 (two million nineteen thousand seven hundred twenty-two euros 40 cents); The date of record is 20 December, 2022. The date of payment is 21 December, 2022. Ex-date is 19 December, 2022.
공시 • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022SAF Tehnika A/S, Annual General Meeting, Dec 06, 2022, at 10:00 Coordinated Universal Time. Agenda: To discuss Approval of report of the Board of Directors and the Supervisory Council; to discuss Approval of the annual report for the financial year 2021/2022 and release the Board of Directors from responsibility for financial year 2021/2022; to discuss regarding distribution of FY 2021/2022 profit; to discuss Appointment of the auditor for the financial year 2022/2023 and determination of reward for the auditor; and to discuss Approval of Management Board and Supervisory Council remuneration report.
Reported Earnings • Aug 19Full year 2022 earnings released: EPS: €2.01 (vs €1.31 in FY 2021)Full year 2022 results: EPS: €2.01 (up from €1.31 in FY 2021). Revenue: €34.4m (up 37% from FY 2021). Net income: €5.96m (up 54% from FY 2021). Profit margin: 17% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
공시 • Aug 11+ 3 more updatesSAF Tehnika A/S to Report Q4, 2023 Results on Aug 09, 2023SAF Tehnika A/S announced that they will report Q4, 2023 results on Aug 09, 2023
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.30, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 392% over the past three years.
공시 • Feb 18SAF Tehnika to Be Deleted from Other OTCSAF Tehnika A/S Ordinary Shares will be deleted from Other OTC effective February 18, 2022. The deletion is due to Inactive Security.
Reported Earnings • Feb 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: €0.66 (up from €0.26 in 2Q 2021). Revenue: €9.22m (up 37% from 2Q 2021). Net income: €1.97m (up 157% from 2Q 2021). Profit margin: 21% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 14Upcoming dividend of €0.67 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 23 December 2021. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.85, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 30x in the Communications industry in Europe. Total returns to shareholders of 311% over the past three years.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 36% share price gain to €10.60, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 47x in the Communications industry in Europe. Total returns to shareholders of 225% over the past three years.
Reported Earnings • Aug 12Full year 2021 earnings released: EPS €1.40 (vs €0.15 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €26.3m (up 57% from FY 2020). Net income: €4.15m (up €3.71m from FY 2020). Profit margin: 16% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17Third quarter 2021 earnings released: EPS €0.33 (vs €0.05 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €6.21m (up 38% from 3Q 2020). Net income: €967.1k (up €808.1k from 3Q 2020). Profit margin: 16% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 05New 90-day high: €6.25The company is up 49% from its price of €4.20 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 24% over the same period.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to €5.60, the stock is trading at a trailing P/E ratio of 15.1x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 36x in the Communications industry in Europe. Total returns to shareholders over the past three years are 12%.
Reported Earnings • Feb 13Second quarter 2021 earnings released: EPS €0.26 (vs €0.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €6.71m (up 42% from 2Q 2020). Net income: €766.1k (up 297% from 2Q 2020). Profit margin: 11% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 10New 90-day high: €4.72The company is up 16% from its price of €4.08 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 19New 90-day high: €4.64The company is up 33% from its price of €3.48 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 26% over the same period.
Upcoming Dividend • Dec 10Upcoming Dividend of €0.21 Per ShareWill be paid on the 21st of December to those who are registered shareholders by the 17th of December. The trailing yield of 4.4% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (1.4%).
Is New 90 Day High Low • Dec 05New 90-day high: €4.20The company is up 20% from its price of €3.50 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is flat over the same period.
Reported Earnings • Nov 12First quarter 2021 earnings released: EPS €0.13The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €4.71m (up 18% from 1Q 2020). Net income: €378.1k (up 46% from 1Q 2020). Profit margin: 8.0% (up from 6.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 05New 90-day high: €3.64The company is up 1.0% from its price of €3.62 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 11% over the same period.
공시 • Nov 05SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020SAF Tehnika A/S, Annual General Meeting, Dec 04, 2020, at 15:00 E. Europe Standard Time. Agenda: To consider and approve report of the Board of Directors and the Supervisory Council; to consider the annual report for the financial year 2019/2020 and release the Board of Directors from responsibility for financial year 2019/2020; to consider Taking a decision regarding distribution of FY 2019/2020 profit; to consider appointment of the auditor for the financial year 2020/2021 and determination of reward for the auditor; and to consider Approval of Management Board and Supervisory Council remuneration policy.