New Risk • Nov 17
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 6.5% 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 Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Reported Earnings • Jul 31
Full year 2022 earnings released: €2.37 loss per share (vs €0.021 profit in FY 2021) Full year 2022 results: €2.37 loss per share (down from €0.021 profit in FY 2021). Revenue: €34.1m (up 102% from FY 2021). Net loss: €10.0m (down €10.1m from profit in FY 2021). Revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 3.0%. 공시 • Jul 24
Tion Renewables AG, Annual General Meeting, Aug 28, 2023 Tion Renewables AG, Annual General Meeting, Aug 28, 2023. Major Estimate Revision • Oct 08
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.52 to €0.41. Revenue forecast unchanged from €34.0m at last update. Net income forecast to grow 220% next year vs 13% growth forecast for Renewable Energy industry in Germany. Consensus price target down from €44.50 to €43.00. Share price fell 4.9% to €27.20 over the past week. Reported Earnings • Oct 04
First half 2022 earnings released: EPS: €0.034 (vs €0.23 loss in 1H 2021) First half 2022 results: EPS: €0.034 (up from €0.23 loss in 1H 2021). Revenue: €17.8m (up 182% from 1H 2021). Net income: €128.2k (up €898.1k from 1H 2021). Profit margin: 0.7% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Revenue is forecast to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to remain flat. Major Estimate Revision • Jul 29
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €34.7m to €33.9m. EPS estimate rose from €0.56 to €0.73. Net income forecast to grow 762% next year vs 3.2% growth forecast for Renewable Energy industry in Germany. Consensus price target down from €46.00 to €44.50. Share price fell 2.9% to €27.20 over the past week. Price Target Changed • Jul 28
Price target decreased to €44.50 Down from €48.00, the current price target is an average from 4 analysts. New target price is 66% above last closing price of €26.80. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.56 for next year compared to €0.17 last year. Reported Earnings • Jun 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: €0.17 (up from €1.14 loss in FY 2020). Revenue: €22.2m (up 37% from FY 2020). Net income: €643.8k (up €4.41m from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 50% compared to a 20% decline forecast for the industry in Germany. Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2022 The 4 analysts covering Pacifico Renewables Yield previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €4.10m in 2022. Average annual earnings growth of 30% is required to achieve expected profit on schedule. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The 4 analysts covering Pacifico Renewables Yield previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €3.35m in 2022. Average annual earnings growth of 55% is required to achieve expected profit on schedule. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The 3 analysts covering Pacifico Renewables Yield expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.38m in 2021. Earnings growth of 57% is required to achieve expected profit on schedule. Is New 90 Day High Low • Feb 24
New 90-day low: €33.00 The company is down 17% from its price of €39.60 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 8.0% over the same period.