View ValuationEnagás 향후 성장Future 기준 점검 0/6Enagás 의 수익은 연간 1% 감소할 것으로 예상되는 반면, 연간 수익은 0.01% 로 증가할 것으로 예상됩니다. EPS는 연간 0.9% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.6% 로 예상됩니다.핵심 정보0.01%이익 성장률-0.94%EPS 성장률Gas Utilities 이익 성장3.0%매출 성장률-1.0%향후 자기자본이익률11.63%애널리스트 커버리지Good마지막 업데이트12 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesDeclared Dividend • May 20Dividend of €0.49 announcedShareholders will receive a dividend of €0.49. Ex-date: 30th June 2026 Payment date: 2nd July 2026 Dividend yield will be 4.8%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (dividend approximately 11x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 2.8% over the next 3 years. However, it would need to fall by 14% to increase the payout ratio to a potentially unsustainable range.공시 • Apr 23Enagás, S.A. (BME:ENG) has reached an agreement to acquire 31.50% stake in Teréga SAS from GIC Private Limited for approximately €570 million.Enagás, S.A. (BME:ENG) has reached an agreement to acquire 31.50% stake in Teréga SAS from GIC Private Limited for approximately €570 million on April 21, 2026. A cash consideration of €573 million will be paid by Enagás, S.A. In related separate transaction, Enagás has also completed the sale of 40% of Enagás Renovable to Hy24 for €48 million. The transaction is fully compatible with Enagás's investment plan in renewable hydrogen, contributes to improving its growth profile, and strengthens the company's dividend policy and long-term sustainability. The transaction is subject to the fulfilment of the conditions precedent customary for this type of transaction, including the required regulatory approvals. Enagás estimates that the closing will take place during the 2026 financial year.공시 • Apr 22Clean H2 Infra Fund managed by Hy24 acquired an additional 80% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).Clean H2 Infra Fund managed by Hy24 acquired an additional 80% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG) on April 21, 2026. Clean H2 Infra Fund managed by Hy24 completed the acquisition of an additional 80% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG) on April 21, 2026.공시 • Apr 16Enagás, S.A. to Report Q1, 2026 Results on Apr 21, 2026Enagás, S.A. announced that they will report Q1, 2026 results at 9:00 AM, Romance Standard Time on Apr 21, 2026공시 • Feb 19Enagás, S.A., Annual General Meeting, Mar 25, 2026Enagás, S.A., Annual General Meeting, Mar 25, 2026. Location: auditorio ifema sur, avenida partenon 5., madrid Spain공시 • Feb 03Enagás, S.A. to Report Fiscal Year 2025 Results on Feb 17, 2026Enagás, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 17, 2026공시 • Oct 11Enagás, S.A. to Report Q3, 2025 Results on Oct 21, 2025Enagás, S.A. announced that they will report Q3, 2025 results Pre-Market on Oct 21, 2025공시 • Jul 24Enagás, S.A. (BME:ENG) acquired Axent Infraestructuras de Telecomunicaciones S.A. from Axión Infraestructuras de Telecomunicaciones, S.A.U.Enagás, S.A. (BME:ENG) acquired Axent Infraestructuras de Telecomunicaciones S.A. from Axión Infraestructuras de Telecomunicaciones, S.A.U. on July 24, 2025. A cash consideration of €37.5 million will be paid by Enagás, S.A. for 51% stake. Enagás, S.A. (BME:ENG) completed the acquisition of Axent Infraestructuras de Telecomunicaciones S.A. from Axión Infraestructuras de Telecomunicaciones, S.A.U. on July 24, 2025.공시 • Jul 09Enagás, S.A. to Report Q2, 2025 Results on Jul 22, 2025Enagás, S.A. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025공시 • May 15Estación de Compresión Soto la Marina S.A.P.I. de C.V. completed the acquisition of remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $17 million.Estación de Compresión Soto la Marina S.A.P.I. de C.V. has reached an agreement to acquire remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $15 million on June 27, 2024. A cash consideration of $15 million will be paid by Estación de Compresión Soto la Marina S.A.P.I. de C.V. As part of consideration, $15 million is paid towards common equity of Estacion De Compresion Soto La Marina Sapi DE CV. Upon completion, Estación de Compresión Soto la Marina S.A.P.I. de C.V. will own 100% stake in Estacion De Compresion Soto La Marina Sapi DE CV. The sale, which will result in net capital gains of around 4 million euros for Enagás, is part of the asset rotation process announced by the company in its 2022 2030 Strategic Plan, which prioritizes decarbonization and security of supply in Spain and Europe. This transaction is subject to compliance with conditions precedent customary to this type of transactions. Estación de Compresión Soto la Marina S.A.P.I. de C.V. completed the acquisition of remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $17 million on May 14, 2025.공시 • Apr 11Enagás, S.A. to Report Q1, 2025 Results on Apr 30, 2025Enagás, S.A. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025공시 • Mar 24Enagás, S.A.(BME:ENG) dropped from FTSE All-World Index (USD)Enagás, S.A.(BME:ENG) dropped from FTSE All-World Index (USD)공시 • Feb 20Enagás, S.A., Annual General Meeting, Mar 26, 2025Enagás, S.A., Annual General Meeting, Mar 26, 2025. Location: auditorioifema sur, avenida partenon 5, madrid Spain공시 • Feb 11Enagás, S.A. to Report Fiscal Year 2024 Results on Feb 18, 2025Enagás, S.A. announced that they will report fiscal year 2024 results Pre-Market on Feb 18, 2025Reported Earnings • Oct 23Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: €1.88. Revenue: €227.3m (up 8.6% from 3Q 2023). Net income: €491.3m (up 498% from 3Q 2023). Revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.New Risk • Jul 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 104%Reported Earnings • Jul 24Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €226.8m (down 1.4% from 2Q 2023). Net loss: €323.1m (down 365% from profit in 2Q 2023). Revenue is forecast to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • Jul 10Enagás, S.A. to Report First Half, 2024 Results on Jul 23, 2024Enagás, S.A. announced that they will report first half, 2024 results on Jul 23, 2024Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 2.0% to €14.16. The fair value is estimated to be €17.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 3.1% per annum. Earnings are also forecast to decline by 9.7% per annum over the same time period.공시 • Jun 28Estación de Compresión Soto la Marina S.A.P.I. de C.V. has reached an agreement to acquire remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $15 million.Estación de Compresión Soto la Marina S.A.P.I. de C.V. has reached an agreement to acquire remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $15 million on June 27, 2024. A cash consideration of $15 million will be paid by Estación de Compresión Soto la Marina S.A.P.I. de C.V. As part of consideration, $15 million is paid towards common equity of Estacion De Compresion Soto La Marina Sapi DE CV. Upon completion, Estación de Compresión Soto la Marina S.A.P.I. de C.V. will own 100% stake in Estacion De Compresion Soto La Marina Sapi DE CV. The sale, which will result in net capital gains of around 4 million euros for Enagás, is part of the asset rotation process announced by the company in its 2022 2030 Strategic Plan, which prioritizes decarbonization and security of supply in Spain and Europe. This transaction is subject to compliance with conditions precedent customary to this type of transactions.Buy Or Sell Opportunity • Jun 28Now 21% undervaluedOver the last 90 days, the stock has risen 4.2% to €14.21. The fair value is estimated to be €18.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 3.1% per annum. Earnings are also forecast to decline by 9.7% per annum over the same time period.Buy Or Sell Opportunity • Jun 13Now 21% undervaluedOver the last 90 days, the stock has risen 6.0% to €14.08. The fair value is estimated to be €17.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 3.0% per annum. Earnings are also forecast to decline by 9.7% per annum over the same time period.Reported Earnings • Apr 24First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.25. Revenue: €215.7m (flat on 1Q 2023). Net income: €65.3m (up 20% from 1Q 2023). Profit margin: 30% (up from 25% in 1Q 2023). Revenue is forecast to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Apr 13Enagás, S.A. to Report Q1, 2024 Results on Apr 23, 2024Enagás, S.A. announced that they will report Q1, 2024 results Pre-Market on Apr 23, 2024Declared Dividend • Mar 25Final dividend of €0.85 announcedShareholders will receive a dividend of €0.85. Ex-date: 2nd July 2024 Payment date: 4th July 2024 Dividend yield will be 11%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is not covered by earnings (133% earnings payout ratio) nor is it covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 47% to bring the payout ratio under control. However, EPS is expected to decline by 28% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Feb 22Full year 2023 earnings released: EPS: €1.31 (vs €1.44 in FY 2022)Full year 2023 results: EPS: €1.31 (down from €1.44 in FY 2022). Revenue: €907.6m (down 5.2% from FY 2022). Net income: €342.5m (down 8.8% from FY 2022). Profit margin: 38% (down from 39% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 3.8% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.공시 • Feb 21Enagás, S.A., Annual General Meeting, Mar 20, 2024Enagás, S.A., Annual General Meeting, Mar 20, 2024, at 12:00 Central European Standard Time. Location: Avenida Partenón 5 28042, Madrid (Auditorio Ifema Sur) Madrid Spain Agenda: To examine and, if appropriate, approve the 2023 Annual Accounts (Balance Sheet, Income Statement, Statement of Changes in Equity, Cash Flow-Statement and Notes) and Management Report of Enagás S.A. and its Consolidated Group; to approve the Consolidated Non-Financial Information Statement included in the Enagás Group Management Report for financial year 2023; to approve, if applicable, the proposed distribution of Enagás, S.A.'s profit for 2023; to approve, if appropriate, the performance of the Board of Directors of Enagás, S.A. for financial year 2023; and to discuss other matters.공시 • Feb 03Enagás, S.A. to Report Fiscal Year 2023 Results on Feb 20, 2024Enagás, S.A. announced that they will report fiscal year 2023 results Pre-Market on Feb 20, 2024New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 31% Last year net profit margin: 46% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 91% Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (31% net profit margin).New Risk • Jul 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% 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 Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Reported Earnings • Jul 27Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €234.2m (down 3.4% from 2Q 2022). Net income: €122.2m (up €161.3m from 2Q 2022). Profit margin: 52% (up from net loss in 2Q 2022). Revenue is expected to fall by 4.3% p.a. on average during the next 3 years compared to a 2.6% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.공시 • Jul 06Enagás, S.A. to Report Q2, 2023 Results on Jul 26, 2023Enagás, S.A. announced that they will report Q2, 2023 results at 9:00 AM, Romance Standard Time on Jul 26, 2023Upcoming Dividend • Jun 27Upcoming dividend of €0.84 per share at 9.7% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 06 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.8%).공시 • Jun 03Enagás, S.A. (BME:ENG) agreed to acquire 10% stake in Hanseatic Energy Hub GmbH from Fluxys Belgium SA (ENXTBR:FLUX).Enagás, S.A. (BME:ENG) agreed to acquire 10% stake in Hanseatic Energy Hub GmbH from Fluxys Belgium SA (ENXTBR:FLUX) on June 1, 2023. The transaction is subject to compliance with the conditions precedent.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €1.44 (vs €1.54 in FY 2021)Full year 2022 results: EPS: €1.44 (down from €1.54 in FY 2021). Revenue: €957.1m (down 1.9% from FY 2021). Net income: €375.8m (down 6.9% from FY 2021). Profit margin: 39% (down from 41% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year.공시 • Jan 28Enagás, S.A. (BME:ENG) and Fluxys Belgium SA (ENXTBR:FLUX) agreed to acquire 5% stake in Trans Adriatic Pipeline AG from Axpo Solutions AG in a deal valued at €210 million.Enagás, S.A. (BME:ENG) and Fluxys Belgium SA (ENXTBR:FLUX) agreed to acquire 5% stake in Trans Adriatic Pipeline AG from Axpo Solutions AG in a deal valued at €210 million on January 27, 2023. Belgium’s Fluxys will acquire 1% and Spain’s Enagás 4% of Axpo’s 5% equity stake. Both companies will thus reach 20% ownership of TAP, which includes UK shareholder bp (20%), Azerbaijan’s SOCAR (20%), and Italy’s Snam (20%). The transaction is subject to customary conditions and closing is expected in the second half of 2023.공시 • Jan 17Enagás, S.A. (BME:ENG) reached an agreement to acquire 20% stake in BBL Company V.O.F. from Uniper Ruhrgas BBL B.V. for €75 million.Enagás, S.A. (BME:ENG) reached an agreement to acquire 20% stake in BBL Company V.O.F. from Uniper Ruhrgas BBL B.V. for €75 million on January 16, 2023. The transaction is subject to regulatory approvals and the non-execution of a pre-emption right of the other interestholders in BBL and EU Commission. On December 20, 2022 the EU Commission approved the stabilization package for Uniper under state aid law.Upcoming Dividend • Dec 12Upcoming dividend of €0.56 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 10.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.5%).Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €1.24. Revenue: €242.0m (up 3.8% from 3Q 2021). Net income: €323.2m (up 243% from 3Q 2021). Revenue is forecast to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year.Reported Earnings • Jul 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €247.9m (up 3.9% from 2Q 2021). Net loss: €39.1m (down 133% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 2.5% compared to a 12% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 28Upcoming dividend of €0.83 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (5.3%).Buying Opportunity • May 07Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €26.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to decline by 4.6% per annum. Earnings is also forecast to decline by 8.7% per annum over the same time period.Buying Opportunity • Apr 22Now 20% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be €25.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to decline by 5.2% per annum. Earnings is also forecast to decline by 6.2% per annum over the same time period.Buying Opportunity • Mar 30Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be €25.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to decline by 5.3% per annum. Earnings is also forecast to decline by 6.3% per annum over the same time period.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €1.54 (down from €1.70 in FY 2020). Revenue: €975.7m (down 7.4% from FY 2020). Net income: €403.8m (down 9.0% from FY 2020). Profit margin: 41% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 5.9% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Dec 10Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 17 December 2021. Payment date: 21 December 2021. The company is paying out more than 100% of its profits and is paying out 79% of its cash flow. Trailing yield: 8.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (5.4%).Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS €0.36The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €233.1m (down 4.1% from 3Q 2020). Net income: €94.2m (down 16% from 3Q 2020). Profit margin: 40% (down from 46% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.Reported Earnings • Jul 30Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €248.2m (down 9.1% from 2Q 2020). Net income: €120.2m (up 2.5% from 2Q 2020). Profit margin: 48% (up from 43% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year.Upcoming Dividend • Jun 29Upcoming dividend of €0.82 per shareEligible shareholders must have bought the stock before 06 July 2021. Payment date: 08 July 2021. Trailing yield: 8.5%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (5.9%).Reported Earnings • Apr 22First quarter 2021 earnings released: EPS €0.35The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €240.6m (down 9.5% from 1Q 2020). Net income: €92.9m (down 22% from 1Q 2020). Profit margin: 39% (down from 45% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year.Is New 90 Day High Low • Feb 12New 90-day low: €17.44The company is down 9.0% from its price of €19.23 on 13 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 Gas Utilities 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 €34.00 per share.Is New 90 Day High Low • Jan 06New 90-day low: €17.83The company is down 8.0% from its price of €19.45 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.00 per share.Is New 90 Day High Low • Dec 22New 90-day low: €17.98The company is down 8.0% from its price of €19.47 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.64 per share.Analyst Estimate Surprise Post Earnings • Oct 21Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 4.1% at €277.2m. Revenue is expected to shrink by 1.2% over the next year, compared to a 1.4% decline forecast for the Gas Utilities industry in Germany.Reported Earnings • Oct 21Third quarter earnings releasedOver the last 12 months the company has reported total profits of €438.4m, down 2.5% from the prior year. Total revenue was €1.08b over the last 12 months, down 17% from the prior year.Is New 90 Day High Low • Oct 16New 90-day low: €19.22The company is down 11% from its price of €21.53 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.65 per share.Is New 90 Day High Low • Sep 22New 90-day low: €19.80The company is down 9.0% from its price of €21.78 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.17 per share.이익 및 매출 성장 예측DB:EG4 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20288642813705541412/31/20278692874565871612/31/2026824239299493163/31/202697533123141N/A12/31/202596033994213N/A9/30/2025949-326202299N/A6/30/2025921135290377N/A3/31/2025893-299395493N/A12/31/2024906-299357455N/A9/30/2024901359373530N/A6/30/2024899-92436604N/A3/31/2024907353473630N/A12/31/2023908343412569N/A9/30/2023911281496586N/A6/30/2023930522512597N/A3/31/2023943361414505N/A12/31/2022957376635726N/A9/30/2022973450426496N/A6/30/2022978221371448N/A3/31/2022974380542612N/A12/31/2021976404510580N/A9/30/2021976402562621N/A6/30/2021986421526594N/A3/31/20211,020418557615N/A12/31/20201,054444551610N/A9/30/20201,110438626671N/A6/30/20201,108443728774N/A3/31/20201,156438682727N/A12/31/20191,153423N/A762N/A9/30/20191,301450N/A862N/A6/30/20191,227439N/A707N/A3/31/20191,288443N/A825N/A12/31/20181,295443N/A794N/A9/30/20181,333441N/A1,058N/A6/30/20181,336442N/A1,071N/A3/31/20181,351438N/A1,045N/A12/31/20171,360491N/A1,080N/A9/30/20171,191476N/A668N/A6/30/20171,292472N/A723N/A3/31/20171,183472N/A612N/A12/31/20161,188417N/A542N/A9/30/20161,166417N/A615N/A6/30/20161,188414N/A475N/A3/31/20161,191413N/A678N/A12/31/20151,196413N/A627N/A9/30/20151,178411N/A627N/A6/30/20151,157410N/A619N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EG4 의 연간 예상 수익 증가율(0.01%)이 saving rate(1.9%) 미만입니다.수익 vs 시장: EG4 의 연간 수익(0.01%)이 German 시장(17%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: EG4 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: EG4 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -1%).고성장 매출: EG4 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -1%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: EG4의 자본 수익률은 3년 후 11.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 14:22종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스Enagás, S.A.는 31명의 분석가가 다루고 있습니다. 이 중 18명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Virginia RomeroBanco de Sabadell. S.A.null nullBanco de Sabadell. S.A.Bosco Muguiro EulateBanco Santander28명의 분석가 더 보기
Declared Dividend • May 20Dividend of €0.49 announcedShareholders will receive a dividend of €0.49. Ex-date: 30th June 2026 Payment date: 2nd July 2026 Dividend yield will be 4.8%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (dividend approximately 11x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 2.8% over the next 3 years. However, it would need to fall by 14% to increase the payout ratio to a potentially unsustainable range.
공시 • Apr 23Enagás, S.A. (BME:ENG) has reached an agreement to acquire 31.50% stake in Teréga SAS from GIC Private Limited for approximately €570 million.Enagás, S.A. (BME:ENG) has reached an agreement to acquire 31.50% stake in Teréga SAS from GIC Private Limited for approximately €570 million on April 21, 2026. A cash consideration of €573 million will be paid by Enagás, S.A. In related separate transaction, Enagás has also completed the sale of 40% of Enagás Renovable to Hy24 for €48 million. The transaction is fully compatible with Enagás's investment plan in renewable hydrogen, contributes to improving its growth profile, and strengthens the company's dividend policy and long-term sustainability. The transaction is subject to the fulfilment of the conditions precedent customary for this type of transaction, including the required regulatory approvals. Enagás estimates that the closing will take place during the 2026 financial year.
공시 • Apr 22Clean H2 Infra Fund managed by Hy24 acquired an additional 80% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).Clean H2 Infra Fund managed by Hy24 acquired an additional 80% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG) on April 21, 2026. Clean H2 Infra Fund managed by Hy24 completed the acquisition of an additional 80% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG) on April 21, 2026.
공시 • Apr 16Enagás, S.A. to Report Q1, 2026 Results on Apr 21, 2026Enagás, S.A. announced that they will report Q1, 2026 results at 9:00 AM, Romance Standard Time on Apr 21, 2026
공시 • Feb 19Enagás, S.A., Annual General Meeting, Mar 25, 2026Enagás, S.A., Annual General Meeting, Mar 25, 2026. Location: auditorio ifema sur, avenida partenon 5., madrid Spain
공시 • Feb 03Enagás, S.A. to Report Fiscal Year 2025 Results on Feb 17, 2026Enagás, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 17, 2026
공시 • Oct 11Enagás, S.A. to Report Q3, 2025 Results on Oct 21, 2025Enagás, S.A. announced that they will report Q3, 2025 results Pre-Market on Oct 21, 2025
공시 • Jul 24Enagás, S.A. (BME:ENG) acquired Axent Infraestructuras de Telecomunicaciones S.A. from Axión Infraestructuras de Telecomunicaciones, S.A.U.Enagás, S.A. (BME:ENG) acquired Axent Infraestructuras de Telecomunicaciones S.A. from Axión Infraestructuras de Telecomunicaciones, S.A.U. on July 24, 2025. A cash consideration of €37.5 million will be paid by Enagás, S.A. for 51% stake. Enagás, S.A. (BME:ENG) completed the acquisition of Axent Infraestructuras de Telecomunicaciones S.A. from Axión Infraestructuras de Telecomunicaciones, S.A.U. on July 24, 2025.
공시 • Jul 09Enagás, S.A. to Report Q2, 2025 Results on Jul 22, 2025Enagás, S.A. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025
공시 • May 15Estación de Compresión Soto la Marina S.A.P.I. de C.V. completed the acquisition of remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $17 million.Estación de Compresión Soto la Marina S.A.P.I. de C.V. has reached an agreement to acquire remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $15 million on June 27, 2024. A cash consideration of $15 million will be paid by Estación de Compresión Soto la Marina S.A.P.I. de C.V. As part of consideration, $15 million is paid towards common equity of Estacion De Compresion Soto La Marina Sapi DE CV. Upon completion, Estación de Compresión Soto la Marina S.A.P.I. de C.V. will own 100% stake in Estacion De Compresion Soto La Marina Sapi DE CV. The sale, which will result in net capital gains of around 4 million euros for Enagás, is part of the asset rotation process announced by the company in its 2022 2030 Strategic Plan, which prioritizes decarbonization and security of supply in Spain and Europe. This transaction is subject to compliance with conditions precedent customary to this type of transactions. Estación de Compresión Soto la Marina S.A.P.I. de C.V. completed the acquisition of remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $17 million on May 14, 2025.
공시 • Apr 11Enagás, S.A. to Report Q1, 2025 Results on Apr 30, 2025Enagás, S.A. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025
공시 • Mar 24Enagás, S.A.(BME:ENG) dropped from FTSE All-World Index (USD)Enagás, S.A.(BME:ENG) dropped from FTSE All-World Index (USD)
공시 • Feb 20Enagás, S.A., Annual General Meeting, Mar 26, 2025Enagás, S.A., Annual General Meeting, Mar 26, 2025. Location: auditorioifema sur, avenida partenon 5, madrid Spain
공시 • Feb 11Enagás, S.A. to Report Fiscal Year 2024 Results on Feb 18, 2025Enagás, S.A. announced that they will report fiscal year 2024 results Pre-Market on Feb 18, 2025
Reported Earnings • Oct 23Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: €1.88. Revenue: €227.3m (up 8.6% from 3Q 2023). Net income: €491.3m (up 498% from 3Q 2023). Revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
New Risk • Jul 26New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 104%
Reported Earnings • Jul 24Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €226.8m (down 1.4% from 2Q 2023). Net loss: €323.1m (down 365% from profit in 2Q 2023). Revenue is forecast to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • Jul 10Enagás, S.A. to Report First Half, 2024 Results on Jul 23, 2024Enagás, S.A. announced that they will report first half, 2024 results on Jul 23, 2024
Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 2.0% to €14.16. The fair value is estimated to be €17.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 3.1% per annum. Earnings are also forecast to decline by 9.7% per annum over the same time period.
공시 • Jun 28Estación de Compresión Soto la Marina S.A.P.I. de C.V. has reached an agreement to acquire remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $15 million.Estación de Compresión Soto la Marina S.A.P.I. de C.V. has reached an agreement to acquire remaining 50% stake in Estacion De Compresion Soto La Marina Sapi DE CV from Enagás, S.A. (BME:ENG) for $15 million on June 27, 2024. A cash consideration of $15 million will be paid by Estación de Compresión Soto la Marina S.A.P.I. de C.V. As part of consideration, $15 million is paid towards common equity of Estacion De Compresion Soto La Marina Sapi DE CV. Upon completion, Estación de Compresión Soto la Marina S.A.P.I. de C.V. will own 100% stake in Estacion De Compresion Soto La Marina Sapi DE CV. The sale, which will result in net capital gains of around 4 million euros for Enagás, is part of the asset rotation process announced by the company in its 2022 2030 Strategic Plan, which prioritizes decarbonization and security of supply in Spain and Europe. This transaction is subject to compliance with conditions precedent customary to this type of transactions.
Buy Or Sell Opportunity • Jun 28Now 21% undervaluedOver the last 90 days, the stock has risen 4.2% to €14.21. The fair value is estimated to be €18.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 3.1% per annum. Earnings are also forecast to decline by 9.7% per annum over the same time period.
Buy Or Sell Opportunity • Jun 13Now 21% undervaluedOver the last 90 days, the stock has risen 6.0% to €14.08. The fair value is estimated to be €17.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 3.0% per annum. Earnings are also forecast to decline by 9.7% per annum over the same time period.
Reported Earnings • Apr 24First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.25. Revenue: €215.7m (flat on 1Q 2023). Net income: €65.3m (up 20% from 1Q 2023). Profit margin: 30% (up from 25% in 1Q 2023). Revenue is forecast to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Apr 13Enagás, S.A. to Report Q1, 2024 Results on Apr 23, 2024Enagás, S.A. announced that they will report Q1, 2024 results Pre-Market on Apr 23, 2024
Declared Dividend • Mar 25Final dividend of €0.85 announcedShareholders will receive a dividend of €0.85. Ex-date: 2nd July 2024 Payment date: 4th July 2024 Dividend yield will be 11%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is not covered by earnings (133% earnings payout ratio) nor is it covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 47% to bring the payout ratio under control. However, EPS is expected to decline by 28% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: €1.31 (vs €1.44 in FY 2022)Full year 2023 results: EPS: €1.31 (down from €1.44 in FY 2022). Revenue: €907.6m (down 5.2% from FY 2022). Net income: €342.5m (down 8.8% from FY 2022). Profit margin: 38% (down from 39% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to fall by 3.8% p.a. on average during the next 3 years compared to a 1.2% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
공시 • Feb 21Enagás, S.A., Annual General Meeting, Mar 20, 2024Enagás, S.A., Annual General Meeting, Mar 20, 2024, at 12:00 Central European Standard Time. Location: Avenida Partenón 5 28042, Madrid (Auditorio Ifema Sur) Madrid Spain Agenda: To examine and, if appropriate, approve the 2023 Annual Accounts (Balance Sheet, Income Statement, Statement of Changes in Equity, Cash Flow-Statement and Notes) and Management Report of Enagás S.A. and its Consolidated Group; to approve the Consolidated Non-Financial Information Statement included in the Enagás Group Management Report for financial year 2023; to approve, if applicable, the proposed distribution of Enagás, S.A.'s profit for 2023; to approve, if appropriate, the performance of the Board of Directors of Enagás, S.A. for financial year 2023; and to discuss other matters.
공시 • Feb 03Enagás, S.A. to Report Fiscal Year 2023 Results on Feb 20, 2024Enagás, S.A. announced that they will report fiscal year 2023 results Pre-Market on Feb 20, 2024
New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 31% Last year net profit margin: 46% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 91% Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (31% net profit margin).
New Risk • Jul 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% 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 Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Jul 27Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €234.2m (down 3.4% from 2Q 2022). Net income: €122.2m (up €161.3m from 2Q 2022). Profit margin: 52% (up from net loss in 2Q 2022). Revenue is expected to fall by 4.3% p.a. on average during the next 3 years compared to a 2.6% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.
공시 • Jul 06Enagás, S.A. to Report Q2, 2023 Results on Jul 26, 2023Enagás, S.A. announced that they will report Q2, 2023 results at 9:00 AM, Romance Standard Time on Jul 26, 2023
Upcoming Dividend • Jun 27Upcoming dividend of €0.84 per share at 9.7% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 06 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.8%).
공시 • Jun 03Enagás, S.A. (BME:ENG) agreed to acquire 10% stake in Hanseatic Energy Hub GmbH from Fluxys Belgium SA (ENXTBR:FLUX).Enagás, S.A. (BME:ENG) agreed to acquire 10% stake in Hanseatic Energy Hub GmbH from Fluxys Belgium SA (ENXTBR:FLUX) on June 1, 2023. The transaction is subject to compliance with the conditions precedent.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €1.44 (vs €1.54 in FY 2021)Full year 2022 results: EPS: €1.44 (down from €1.54 in FY 2021). Revenue: €957.1m (down 1.9% from FY 2021). Net income: €375.8m (down 6.9% from FY 2021). Profit margin: 39% (down from 41% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year.
공시 • Jan 28Enagás, S.A. (BME:ENG) and Fluxys Belgium SA (ENXTBR:FLUX) agreed to acquire 5% stake in Trans Adriatic Pipeline AG from Axpo Solutions AG in a deal valued at €210 million.Enagás, S.A. (BME:ENG) and Fluxys Belgium SA (ENXTBR:FLUX) agreed to acquire 5% stake in Trans Adriatic Pipeline AG from Axpo Solutions AG in a deal valued at €210 million on January 27, 2023. Belgium’s Fluxys will acquire 1% and Spain’s Enagás 4% of Axpo’s 5% equity stake. Both companies will thus reach 20% ownership of TAP, which includes UK shareholder bp (20%), Azerbaijan’s SOCAR (20%), and Italy’s Snam (20%). The transaction is subject to customary conditions and closing is expected in the second half of 2023.
공시 • Jan 17Enagás, S.A. (BME:ENG) reached an agreement to acquire 20% stake in BBL Company V.O.F. from Uniper Ruhrgas BBL B.V. for €75 million.Enagás, S.A. (BME:ENG) reached an agreement to acquire 20% stake in BBL Company V.O.F. from Uniper Ruhrgas BBL B.V. for €75 million on January 16, 2023. The transaction is subject to regulatory approvals and the non-execution of a pre-emption right of the other interestholders in BBL and EU Commission. On December 20, 2022 the EU Commission approved the stabilization package for Uniper under state aid law.
Upcoming Dividend • Dec 12Upcoming dividend of €0.56 per shareEligible shareholders must have bought the stock before 19 December 2022. Payment date: 21 December 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 10.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.5%).
Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €1.24. Revenue: €242.0m (up 3.8% from 3Q 2021). Net income: €323.2m (up 243% from 3Q 2021). Revenue is forecast to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year.
Reported Earnings • Jul 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €247.9m (up 3.9% from 2Q 2021). Net loss: €39.1m (down 133% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 2.5% compared to a 12% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 28Upcoming dividend of €0.83 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (5.3%).
Buying Opportunity • May 07Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €26.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to decline by 4.6% per annum. Earnings is also forecast to decline by 8.7% per annum over the same time period.
Buying Opportunity • Apr 22Now 20% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be €25.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to decline by 5.2% per annum. Earnings is also forecast to decline by 6.2% per annum over the same time period.
Buying Opportunity • Mar 30Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be €25.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to decline by 5.3% per annum. Earnings is also forecast to decline by 6.3% per annum over the same time period.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €1.54 (down from €1.70 in FY 2020). Revenue: €975.7m (down 7.4% from FY 2020). Net income: €403.8m (down 9.0% from FY 2020). Profit margin: 41% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 5.9% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Dec 10Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 17 December 2021. Payment date: 21 December 2021. The company is paying out more than 100% of its profits and is paying out 79% of its cash flow. Trailing yield: 8.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (5.4%).
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS €0.36The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €233.1m (down 4.1% from 3Q 2020). Net income: €94.2m (down 16% from 3Q 2020). Profit margin: 40% (down from 46% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Jul 30Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €248.2m (down 9.1% from 2Q 2020). Net income: €120.2m (up 2.5% from 2Q 2020). Profit margin: 48% (up from 43% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year.
Upcoming Dividend • Jun 29Upcoming dividend of €0.82 per shareEligible shareholders must have bought the stock before 06 July 2021. Payment date: 08 July 2021. Trailing yield: 8.5%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (5.9%).
Reported Earnings • Apr 22First quarter 2021 earnings released: EPS €0.35The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €240.6m (down 9.5% from 1Q 2020). Net income: €92.9m (down 22% from 1Q 2020). Profit margin: 39% (down from 45% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year.
Is New 90 Day High Low • Feb 12New 90-day low: €17.44The company is down 9.0% from its price of €19.23 on 13 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 Gas Utilities 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 €34.00 per share.
Is New 90 Day High Low • Jan 06New 90-day low: €17.83The company is down 8.0% from its price of €19.45 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.00 per share.
Is New 90 Day High Low • Dec 22New 90-day low: €17.98The company is down 8.0% from its price of €19.47 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.64 per share.
Analyst Estimate Surprise Post Earnings • Oct 21Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 4.1% at €277.2m. Revenue is expected to shrink by 1.2% over the next year, compared to a 1.4% decline forecast for the Gas Utilities industry in Germany.
Reported Earnings • Oct 21Third quarter earnings releasedOver the last 12 months the company has reported total profits of €438.4m, down 2.5% from the prior year. Total revenue was €1.08b over the last 12 months, down 17% from the prior year.
Is New 90 Day High Low • Oct 16New 90-day low: €19.22The company is down 11% from its price of €21.53 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.65 per share.
Is New 90 Day High Low • Sep 22New 90-day low: €19.80The company is down 9.0% from its price of €21.78 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.17 per share.