This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEnefit Green (EGR1T) 주식 개요Enefit Green AS는 재생 에너지 생산에 참여합니다. 자세히 보기EGR1T 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적1/6재무 건전성1/6배당0/6강점가격 대비 수익 비율(15.3x)은 Renewable Energy 업계 평균(21.9x)보다 낮습니다.위험 분석부채는 operating cash flow로 충분히 감당되지 않습니다.지난 5년간 매년 수익이 2.6% 감소했습니다.모든 위험 점검 보기EGR1T Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€3.4057.9% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0266m2016201920222025202620282031Revenue €212.1mEarnings €58.5mAdvancedSet Fair ValueView all narrativesEnefit Green AS 경쟁사AS InfortarSymbol: TLSE:INF1TMarket cap: €989.8mAS Tallinna VesiSymbol: TLSE:TVE1TMarket cap: €220.0mAlerion Clean PowerSymbol: BIT:ARNMarket cap: €1.4bCox ABG GroupSymbol: BME:COXGMarket cap: €1.2b가격 이력 및 성과Enefit Green 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가€3.4052주 최고가€3.4052주 최저가€2.30베타0.0451개월 변동0.30%3개월 변동0.30%1년 변동12.64%3년 변동-26.03%5년 변동n/aIPO 이후 변동-2.72%최근 뉴스 및 업데이트공시 • May 26Enefit Green AS, Annual General Meeting, Jun 26, 2025Enefit Green AS, Annual General Meeting, Jun 26, 2025, at 16:00 FLE Standard Time. Location: at enefit green head office lelle 22, tallinn, Estonia공시 • May 14Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) for approximately €180 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. Eesti Energia AS pays the purchase price in full from their own resources. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval. As of April 7, 2025, the prospectus and the bid notice received approval from the Financial Supervision Authority. As of April 21, 2025, The opinion of the Supervisory Board of Enefit Green AS ("Supervisory Board") has been prepared. All members of the Supervisory Board are on the opinion that the Bid does not have any negative impact for the interests of Enefit Green. There are no foreseeable immediate or direct impacts to Enefit Green's employment relationships with employees in relation to the Bid, however, it can not be ruled out, that due to integration of the internal processes, existing positions and employment relationships will also need to be changed. Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) on May 12, 2025. During the offer period 52,940,905 shares were tendered. After completion of offer, Eesti Energia AS now owns 256,872,310 Shares that amounts to 97.2%.공시 • Apr 09Eesti Energia Launches Takeover Bid for Enefit Green's Shares and Plans to Delist stock from the Nasdaq Tallinn Stock ExchangeEesti Energia AS has launched a voluntary takeover bid for the shares not already held in subsidiary Enefit Green AS, planning to delist the renewables developer’s stock from the Nasdaq Tallinn Stock Exchange. With the bid, Eesti Energia aims to lift its shareholding in Enefit Green to at least 90% from the current 77.17%. The company said on April 7, 2025 it has offered EUR 3.40 (USD 3.72) per share for the remaining 22.83% of Enefit Green. It will target at least 33.92 million shares in order for its bid to be successful, and if this happens, it will buy out the remaining stock of the renewables company. Bidding for Enefit Green stock will be held between April 8 and May 12. Results from it will be available around May 14 and the settlement is scheduled for May 16.Reported Earnings • Apr 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.27 (up from €0.21 in FY 2023). Revenue: €207.9m (down 8.4% from FY 2023). Net income: €70.3m (up 26% from FY 2023). Profit margin: 34% (up from 25% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 31Price target decreased by 10% to €3.25Down from €3.63, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €3.32. The company is forecast to post earnings per share of €0.24 for next year compared to €0.27 last year.공시 • Mar 28Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval.더 많은 업데이트 보기Recent updates공시 • May 26Enefit Green AS, Annual General Meeting, Jun 26, 2025Enefit Green AS, Annual General Meeting, Jun 26, 2025, at 16:00 FLE Standard Time. Location: at enefit green head office lelle 22, tallinn, Estonia공시 • May 14Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) for approximately €180 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. Eesti Energia AS pays the purchase price in full from their own resources. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval. As of April 7, 2025, the prospectus and the bid notice received approval from the Financial Supervision Authority. As of April 21, 2025, The opinion of the Supervisory Board of Enefit Green AS ("Supervisory Board") has been prepared. All members of the Supervisory Board are on the opinion that the Bid does not have any negative impact for the interests of Enefit Green. There are no foreseeable immediate or direct impacts to Enefit Green's employment relationships with employees in relation to the Bid, however, it can not be ruled out, that due to integration of the internal processes, existing positions and employment relationships will also need to be changed. Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) on May 12, 2025. During the offer period 52,940,905 shares were tendered. After completion of offer, Eesti Energia AS now owns 256,872,310 Shares that amounts to 97.2%.공시 • Apr 09Eesti Energia Launches Takeover Bid for Enefit Green's Shares and Plans to Delist stock from the Nasdaq Tallinn Stock ExchangeEesti Energia AS has launched a voluntary takeover bid for the shares not already held in subsidiary Enefit Green AS, planning to delist the renewables developer’s stock from the Nasdaq Tallinn Stock Exchange. With the bid, Eesti Energia aims to lift its shareholding in Enefit Green to at least 90% from the current 77.17%. The company said on April 7, 2025 it has offered EUR 3.40 (USD 3.72) per share for the remaining 22.83% of Enefit Green. It will target at least 33.92 million shares in order for its bid to be successful, and if this happens, it will buy out the remaining stock of the renewables company. Bidding for Enefit Green stock will be held between April 8 and May 12. Results from it will be available around May 14 and the settlement is scheduled for May 16.Reported Earnings • Apr 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.27 (up from €0.21 in FY 2023). Revenue: €207.9m (down 8.4% from FY 2023). Net income: €70.3m (up 26% from FY 2023). Profit margin: 34% (up from 25% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 31Price target decreased by 10% to €3.25Down from €3.63, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €3.32. The company is forecast to post earnings per share of €0.24 for next year compared to €0.27 last year.공시 • Mar 28Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval.New Risk • Mar 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (26% accrual ratio).Major Estimate Revision • Mar 04Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €215.8m to €237.8m. EPS estimate increased from €0.228 to €0.244 per share. Net income forecast to shrink 5.9% next year vs 14% growth forecast for Renewable Energy industry in Europe . Consensus price target down from €3.73 to €3.63. Share price was steady at €2.69 over the past week.Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.27 (up from €0.21 in FY 2023). Revenue: €220.9m (down 2.7% from FY 2023). Net income: €70.3m (up 26% from FY 2023). Profit margin: 32% (up from 25% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 46% 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.New Risk • Feb 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.9% per year for the foreseeable future. High level of non-cash earnings (29% accrual ratio).공시 • Feb 20Sumitomo Corporation (TSE:8053) signed an agreement to acquire 50% stake in Liivi Offshore OÜ from Enefit Green AS (TLSE:EGR1T).Sumitomo Corporation (TSE:8053) signed an agreement to acquire 50% stake in Liivi Offshore OÜ from Enefit Green AS (TLSE:EGR1T) on February 19, 2025. The transaction is subject to approval from the Estonian Consumer Protection and Technical Regulatory Authority.New Risk • Feb 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • Dec 31Enefit Green AS to Report Q1, 2025 Results on May 08, 2025Enefit Green AS announced that they will report Q1, 2025 results on May 08, 2025공시 • Dec 30+ 3 more updatesEnefit Green AS to Report Q3, 2025 Results on Oct 30, 2025Enefit Green AS announced that they will report Q3, 2025 results on Oct 30, 2025Price Target Changed • Dec 20Price target decreased by 12% to €3.63Down from €4.11, the current price target is an average from 2 analysts. New target price is 32% above last closing price of €2.74. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.21 last year.공시 • Dec 19Enefit Green AS Elects Karin Madisson as Member of Supervisory BoardEnefit Green AS at its extraordinary general meeting of the shareholders held on 19 December 2024, approved election of Karin Madisson as a member of the Supervisory Board, with a mandate for a term of 3 years effective from 19 December 2024.공시 • Dec 12Enefit Green AS Announces Board ChangesAndres Maasing, Member of the Management Board and Head of Development at Enefit Green, will resign at his own request on 4 March 2025. Enefit Green's Management Board currently consists of three members – Juhan Aguraiuja, Chairman of the Management Board, Innar Kaasik, Member of the Management Board responsible for production, and Andres Maasing, responsible for developments. On 31 January 2025, Argo Rannamets will start his tenure as a Member of the Management Board.분석 기사 • Nov 08We Think That There Are More Issues For Enefit Green (TAL:EGR1T) Than Just Sluggish EarningsA lackluster earnings announcement from Enefit Green AS ( TAL:EGR1T ) last week didn't sink the stock price. Our...Major Estimate Revision • Nov 07Consensus EPS estimates fall by 12%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €210.9m to €214.8m. EPS estimate fell from €0.291 to €0.256 per share. Net income forecast to grow 6.2% next year vs 6.3% growth forecast for Renewable Energy industry in Europe. Consensus price target of €4.01 unchanged from last update. Share price fell 4.6% to €2.80 over the past week.Reported Earnings • Nov 01Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: €0.021 (up from €0.019 in 3Q 2023). Revenue: €43.5m (flat on 3Q 2023). Net income: €5.45m (up 8.4% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 65%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.공시 • Oct 30+ 1 more updateEnefit Green AS Announces Board AppointmentsThe Supervisory Board of Enefit Green AS has appointed Argo Rannamets as a Member of the Management Board. His three-year term begins January 31, 2025. Argo Rannamets has over 20 years of experience in finance. Since November 2023, he has served as a board member and CFO of Ekspress Group. From 2021 to 2023, he co-founded the startup KWOTA, which provides carbon offsetting mechanisms. Between 2010 and 2021, he worked at the waste management group Ragn-Sells, where he held the role of the CFO for the Estonian operations and managed various business units across Eastern Europe and Sweden at the group level. The Management Board of Enefit Green also includes Juhan Aguraiuja, Chairman of the Management Board, Innar Kaasik, responsible for production, and Andres Maasing, responsible for developments. Rannamets holds a master’s degree in Financial and Management Accounting from Tallinn University of Technology. He serves on the management boards of Leven Nordic OÜ, Magere OÜ, Samsala OÜ, and AS Ekspress Grupp and is a supervisory board member of Delfi Meedia AS and AS Õhtuleht Kirjastus.공시 • Sep 25Enefit Green AS Announces Changes in Its Management BoardVeiko Räim's mandate as a Member of the Management Board and CFO of Enefit Green expired on 24 September 2024. The process of selecting a new board member is ongoing. Until the new CEO Juhan Aguraiuja takes office on 14 October 2024, the Management Board of Enefit Green will continue to work with two members on a temporary basis. In addition to interim CEO Andres Maasing, the Management Board also includes Innar Kaasik, who is responsible for production and asset management.Reported Earnings • Aug 02Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: €0.015 (up from €0.004 in 2Q 2023). Revenue: €38.3m (down 6.5% from 2Q 2023). Net income: €3.94m (up 246% from 2Q 2023). Profit margin: 10% (up from 2.8% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Renewable Energy industry in Europe.공시 • Jun 28+ 1 more updateEnefit Green AS Announces Veiko Räim Decides Not to Seek Another Term After His Mandate EndsEnefit Green AS announced Veiko Räim, has decided not to seek another term after his mandate ends. Räim's contract is valid until September 24. He has been a member of the Management Board and CFO of Enefit Green since 2017.분석 기사 • Jun 07Pinning Down Enefit Green AS' (TAL:EGR1T) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 14.5x Enefit Green AS ( TAL:EGR1T ) may be sending bearish signals at the...Declared Dividend • Jun 06Dividend reduced to €0.10Dividend of €0.10 is 50% lower than last year. Ex-date: 10th June 2024 Payment date: 18th June 2024 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • May 09Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €199.5m to €214.4m. EPS estimate increased from €0.266 to €0.302 per share. Net income forecast to grow 34% next year vs 25% growth forecast for Renewable Energy industry in Europe. Consensus price target of €3.94 unchanged from last update. Share price was steady at €3.20 over the past week.분석 기사 • May 05Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their EstimatesEnefit Green AS ( TAL:EGR1T ) last week reported its latest quarterly results, which makes it a good time for investors...Reported Earnings • Apr 06Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: €0.21 (down from €0.42 in FY 2022). Revenue: €227.0m (down 11% from FY 2022). Net income: €55.8m (down 49% from FY 2022). Profit margin: 25% (down from 43% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Renewable Energy industry in Europe.공시 • Apr 04Aavo Kärmas to Resign as Chairman of the Management Board of Enefit Green AS, Effective 1 July 2024Enefit Green AS announced that Aavo Kärmas, Chairman of the Management Board of the company, will resign in agreement with the Supervisory Board as of 1 July 2024. In near future, the supervisory board will start the recruitment process for a new chairman of the management board. Aavo Kärmas' mandate as a member of the management board and chairman of Enefit Green commenced on 5 July 2017. In addition to Aavo Kärmas, the Management Board of Enefit Green includes Innar Kaasik (responsible for production), Veiko Räim (responsible for finance) and Andres Maasing (responsible for developments).New Risk • Mar 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% 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 (15% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (24% net profit margin).분석 기사 • Mar 05The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell DramaticallyThe analysts covering Enefit Green AS ( TAL:EGR1T ) delivered a dose of negativity to shareholders today, by making a...Major Estimate Revision • Mar 05Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €251.1m to €214.5m. EPS estimate fell from €0.384 to €0.253 per share. Net income forecast to shrink 6.5% next year vs 5.1% growth forecast for Renewable Energy industry in Europe . Consensus price target down from €4.05 to €3.90. Share price fell 5.3% to €3.30 over the past week.분석 기사 • Mar 04Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their ForecastsShareholders might have noticed that Enefit Green AS ( TAL:EGR1T ) filed its full-year result this time last week. The...공시 • Mar 02OÜ Utilitas completed the acquisition of district heating operations of Paide and Valka of Enefit Green.OÜ Utilitas entered into a sale and purchase agreement to acquire district heating operations of Paide and Valka of Enefit Green for a transaction valued at €15.8 million on November 28, 2023. Nothing will change for the employees, customers, and partners of Paide and Valka district heating companies before the transaction officially takes effect. After the transfer of assets, the companies will continue their current activities as part of the Utilitas group. All services will continue to be provided and all employees of the companies will be transferred to Utilitas. The completion of the transaction is subject to approval from the Estonian and Latvian competition authorities. AS LHV Pank acted as financial advisor, KPMG Baltics OÜ acted as financial due diligence provider, Tark Grunte Sutkiene acted as legal advisor to Enefit Green. Superia Corporate Finance acted as financial advisor, TRINITI acted as legal advisor to Utilitas.OÜ Utilitas completed the acquisition of district heating operations of Paide and Valka of Enefit Green on March 1, 2024.분석 기사 • Mar 02Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)Key Insights The projected fair value for Enefit Green is €2.99 based on Dividend Discount Model Enefit Green's €3.26...Reported Earnings • Mar 01Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: €0.21 (down from €0.42 in FY 2022). Revenue: €230.1m (down 10% from FY 2022). Net income: €55.8m (down 49% from FY 2022). Profit margin: 24% (down from 43% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Europe.공시 • Dec 29+ 5 more updatesEnefit Green AS to Report Fiscal Year 2023 Final Results on Apr 04, 2024Enefit Green AS announced that they will report fiscal year 2023 final results at 10:00 AM, USSR Zone1 on Apr 04, 2024Price Target Changed • Dec 07Price target decreased by 14% to €4.05Down from €4.70, the current price target is an average from 2 analysts. New target price is 16% above last closing price of €3.48. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.26 for next year compared to €0.42 last year.공시 • Sep 09Enefit Green Announces Gradual Restart of Turbines in Akmene Wind FarmEnefit Green has been working closely with the turbine supplier General Electric, construction company Merko Statyba, technical consulting company DNV Services UK and other partners including Lithuanian local and national government authorities to investigate circumstances that led to the collapse of one wind turbine. During the time of the investigation all wind turbines in Akmene wind farm have been stopped. The management board of Enefit Green discussed the findings of the investigation at its meeting on 7 September 2023. A detailed root cause analysis has led to the conclusion that a malfunctioning sensor sent incorrect information to the turbine controller which led to an excessive load on the tower structure and resulted in the collapse of the turbine. Following identification of the failure mechanism, General Electric has identified andis implementing additional protective measures to prevent any recurrence of this specific or similar incident in the future. The management board of Enefit Green also discussed and approved a gradual restarting plan of the unaffected turbines prepared and proposed by General Electric. The plan foresees gradual restart of 12 turbines over a period of 3 weeks commencing on 11 September 2023. The collapsed wind turbine will be replaced completely, and one additional turbine will undergo nacelle replacement due to an unrelated technical issue.New Risk • Aug 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks High level of debt (44% net debt to equity). Paying a dividend despite having no free cash flows.Reported Earnings • Aug 04Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: €0.004 (down from €0.064 in 2Q 2022). Revenue: €41.2m (down 13% from 2Q 2022). Net income: €1.14m (down 93% from 2Q 2022). Profit margin: 2.8% (down from 36% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 95%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Renewable Energy industry in Europe.New Risk • Jun 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. High level of non-cash earnings (31% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • May 31Upcoming dividend of €0.21 per share at 4.3% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Estonian dividend payers (5.4%). Higher than average of industry peers (2.8%).공시 • May 25+ 1 more updateEnefit Green AS Approves Dividend for 2022, Payable on 15 June 2023Enefit Green AS approved pay out EUR 54,969,000 (EUR 0.208 per share) in dividends for 2022, at its AGM held on 24 May 2023. The list of shareholders entitled to receive dividends will be established on 08 June 2023 at the end of the business day of the settlement system of Nasdaq CSD (Estonia). Consequently, the day of change of the rights related to the shares (ex-dividend date) is 07 June 2023; from this date onwards, the person acquiring the shares is not entitled to receive dividends for the financial year 2022. Dividends will be paid out to the shareholders on 15 June 2023.Reported Earnings • May 06First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: €0.12 (down from €0.13 in 1Q 2022). Revenue: €77.5m (up 17% from 1Q 2022). Net income: €30.5m (down 13% from 1Q 2022). Profit margin: 39% (down from 53% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Renewable Energy industry in Europe.Reported Earnings • Apr 07Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: €0.42. Revenue: €256.5m (up 40% from FY 2021). Net income: €110.2m (up 38% from FY 2021). Profit margin: 43% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Renewable Energy industry in Europe.Major Estimate Revision • Mar 07Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €274.9m to €301.2m. EPS estimate increased from €0.382 to €0.494 per share. Net income forecast to grow 18% next year vs 18% growth forecast for Renewable Energy industry in Estonia. Consensus price target of €5.03 unchanged from last update. Share price was steady at €4.45 over the past week.분석 기사 • Mar 03Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their EstimatesInvestors in Enefit Green AS ( TAL:EGR1T ) had a good week, as its shares rose 2.0% to close at €4.41 following the...Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €0.42 (vs €0.92 in FY 2021)Full year 2022 results: EPS: €0.42. Revenue: €257.0m (up 40% from FY 2021). Net income: €110.2m (up 38% from FY 2021). Profit margin: 43% (in line with FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Europe.공시 • Dec 21Enefit Green AS to Report Fiscal Year 2022 Results on Apr 04, 2023Enefit Green AS announced that they will report fiscal year 2022 results on Apr 04, 2023공시 • Dec 20+ 3 more updatesEnefit Green AS to Report Q1, 2023 Results on May 04, 2023Enefit Green AS announced that they will report Q1, 2023 results on May 04, 2023Price Target Changed • Dec 08Price target increased to €5.03Up from €4.70, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €4.39. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of €0.42 for next year compared to €0.92 last year.Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: €0.087 (vs €0.20 in 3Q 2021)Third quarter 2022 results: EPS: €0.087. Revenue: €60.3m (up 66% from 3Q 2021). Net income: €22.9m (up 50% from 3Q 2021). Profit margin: 38% (down from 42% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Renewable Energy industry in Europe.분석 기사 • Sep 28Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging HigherShareholders in Enefit Green AS ( TAL:EGR1T ) may be thrilled to learn that the analysts have just delivered a major...Major Estimate Revision • Sep 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €215.0m to €248.2m. EPS estimate unchanged from €0.38 at last update. Renewable Energy industry in Europe expected to see average net income growth of 26% next year. Consensus price target up from €4.70 to €4.95. Share price fell 3.6% to €4.15 over the past week.공시 • Sep 23Enefit Green AS (TLSE:EGR1T) agreed to acquire Rääbiste Põllud OÜ.Enefit Green AS (TLSE:EGR1T) agreed to acquire Rääbiste Põllud OÜ on September 21, 2022. Rääbiste Põllud OÜ, owns two early-stage solar development projects in Pärnu County (Estonia) with a planned total capacity of up to 165 MW. These projects will become part of Enefit Green's long-term development portfolio with the aim to reach final investment decision in 2024. This transaction is not considered to be a transaction with a related party for the purposes of stock exchange rules, and the supervisory board and management board members of Enefit Green do not have personal interest in this transactio.분석 기사 • Sep 21Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)How far off is Enefit Green AS ( TAL:EGR1T ) from its intrinsic value? Using the most recent financial data, we'll take...분석 기사 • Aug 11Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings AreEnefit Green AS ( TAL:EGR1T ) just reported some strong earnings, and the market rewarded them with a positive share...Reported Earnings • Aug 05Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: EPS: €0.064. Revenue: €47.3m (up 31% from 2Q 2021). Net income: €16.9m (up 80% from 2Q 2021). Profit margin: 36% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 2,626% growth forecast for the industry in Europe.Major Estimate Revision • Jul 30Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €203.5m to €211.6m. EPS estimate increased from €0.30 to €0.36 per share. Net income forecast to shrink 0.9% next year vs 36% growth forecast for Renewable Energy industry in Europe . Consensus price target of €4.70 unchanged from last update. Share price rose 3.7% to €4.19 over the past week.공시 • Jul 28Enefit Green Announces Resignation of Linas Sabaliauskas as Member of the Management Board and Head of Developments, Effective August 1, 2022On meeting the Supervisory Board of Enefit Green decided to approve the resignation of Linas Sabaliauskas, Member of the Management Board and Head of Developments, and to recall him from his position as a Member of the Management Board of Enefit Green from 1 August 2022. Linas Sabaliauskas resigns from the board at his own request. The Management Board of Enefit Green will temporarily continue to work with three members. A search for candidates will be launched to find a new member of the Management Board responsible for development. Until a new member of the Management Board is found, the functions of this position will be performed by the Chairman of the Management Board Aavo Kärmas. In addition, the Management Board consists of Innar Kaasik, COO and Veiko Räim, CFO.Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.13. Revenue: €66.7m (up 70% from 1Q 2021). Net income: €34.9m (up 179% from 1Q 2021). Profit margin: 52% (up from 32% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 63%. Over the next year, revenue is expected to shrink by 8.6% compared to a 3,396% growth forecast for the industry in Estonia.공시 • May 02Enefit Green AS to Report Q1, 2022 Results on May 05, 2022Enefit Green AS announced that they will report Q1, 2022 results at 8:00 AM, E. Europe Standard Time on May 05, 2022공시 • Apr 26+ 1 more updateEnefit Green AS, Annual General Meeting, May 17, 2022Enefit Green AS, Annual General Meeting, May 17, 2022, at 13:00 E. Europe Standard Time. Location: Noblessner Foundry, Peetri 10 Tallinn Estonia Agenda: To consider approval of the annual report for 2021; to consider profit distribution; to consider amendments to the articles of association; and to transact other matters.공시 • Apr 04Enefit Green AS Proposes DividendEnefit Green AS proposed dividend of EUR 0.151 per share to the annual general meeting.Reported Earnings • Mar 01Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €0.35 (down from €14.16 in FY 2020). Revenue: €183.7m (up 24% from FY 2020). Net income: €79.7m (up 17% from FY 2020). Profit margin: 43% (down from 46% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 289%. Over the next year, revenue is forecast to grow 2.2%, compared to a 40% growth forecast for the industry in Estonia.공시 • Mar 01Enefit Green AS Proposes Dividend for the Year 2021Enefit Green AS the Management Board proposes to distribute to shareholders EUR 39.9 million in dividends (EUR 0.151 per share) from earnings of previous periods in 2022, which is equivalent to 50% of group’s unaudited net profit in 2021.주주 수익률EGR1TEE Renewable EnergyEE 시장7D0%3.3%0.3%1Y12.6%16.9%-4.1%전체 주주 수익률 보기수익률 대 산업: EGR1T은 지난 1년 동안 16.9%의 수익을 기록한 EE Renewable Energy 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: EGR1T은 지난 1년 동안 -4.1%를 기록한 EE 시장보다 저조한 성과를 냈습니다.주가 변동성Is EGR1T's price volatile compared to industry and market?EGR1T volatilityEGR1T Average Weekly Movement0.7%Renewable Energy Industry Average Movement5.4%Market Average Movement2.5%10% most volatile stocks in EE Market4.5%10% least volatile stocks in EE Market1.3%안정적인 주가: EGR1T는 지난 3개월 동안 EE 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: EGR1T의 주간 변동성은 지난 1년간 6%에서 1%로 감소했습니다.회사 소개설립직원 수CEO웹사이트2005132Juhan Aguraiujaenefitgreen.ee에너핏 그린 AS는 재생 에너지 생산에 종사합니다. 풍력 에너지, 열병합 발전, 태양 에너지 및 기타 부문을 통해 운영됩니다. 이 회사는 주로 풍력, 태양열, 혼합 도시 폐기물 및 수력 발전으로 전기를 생산합니다.더 보기Enefit Green AS 기초 지표 요약Enefit Green의 순이익과 매출은 시가총액과 어떻게 비교됩니까?EGR1T 기초 통계시가총액€897.22m순이익 (TTM)€58.49m매출 (TTM)€212.10m15.3x주가수익비율(P/E)4.2x주가매출비율(P/S)EGR1T는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표EGR1T 손익계산서 (TTM)매출€212.10m매출원가€89.45m총이익€122.65m기타 비용€64.16m순이익€58.49m최근 보고된 실적Mar 31, 2025다음 실적 발표일Oct 30, 2025주당순이익(EPS)0.22총이익률57.83%순이익률27.58%부채/자본 비율92.5%EGR1T의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/08/05 13:28종가2025/07/29 00:00수익2025/03/31연간 수익2024/12/31데이터 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 소스Enefit Green AS는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Piotr DzieciolowskiCitigroup IncPetr BartekErste Group Bank AG
공시 • May 26Enefit Green AS, Annual General Meeting, Jun 26, 2025Enefit Green AS, Annual General Meeting, Jun 26, 2025, at 16:00 FLE Standard Time. Location: at enefit green head office lelle 22, tallinn, Estonia
공시 • May 14Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) for approximately €180 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. Eesti Energia AS pays the purchase price in full from their own resources. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval. As of April 7, 2025, the prospectus and the bid notice received approval from the Financial Supervision Authority. As of April 21, 2025, The opinion of the Supervisory Board of Enefit Green AS ("Supervisory Board") has been prepared. All members of the Supervisory Board are on the opinion that the Bid does not have any negative impact for the interests of Enefit Green. There are no foreseeable immediate or direct impacts to Enefit Green's employment relationships with employees in relation to the Bid, however, it can not be ruled out, that due to integration of the internal processes, existing positions and employment relationships will also need to be changed. Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) on May 12, 2025. During the offer period 52,940,905 shares were tendered. After completion of offer, Eesti Energia AS now owns 256,872,310 Shares that amounts to 97.2%.
공시 • Apr 09Eesti Energia Launches Takeover Bid for Enefit Green's Shares and Plans to Delist stock from the Nasdaq Tallinn Stock ExchangeEesti Energia AS has launched a voluntary takeover bid for the shares not already held in subsidiary Enefit Green AS, planning to delist the renewables developer’s stock from the Nasdaq Tallinn Stock Exchange. With the bid, Eesti Energia aims to lift its shareholding in Enefit Green to at least 90% from the current 77.17%. The company said on April 7, 2025 it has offered EUR 3.40 (USD 3.72) per share for the remaining 22.83% of Enefit Green. It will target at least 33.92 million shares in order for its bid to be successful, and if this happens, it will buy out the remaining stock of the renewables company. Bidding for Enefit Green stock will be held between April 8 and May 12. Results from it will be available around May 14 and the settlement is scheduled for May 16.
Reported Earnings • Apr 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.27 (up from €0.21 in FY 2023). Revenue: €207.9m (down 8.4% from FY 2023). Net income: €70.3m (up 26% from FY 2023). Profit margin: 34% (up from 25% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 31Price target decreased by 10% to €3.25Down from €3.63, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €3.32. The company is forecast to post earnings per share of €0.24 for next year compared to €0.27 last year.
공시 • Mar 28Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval.
공시 • May 26Enefit Green AS, Annual General Meeting, Jun 26, 2025Enefit Green AS, Annual General Meeting, Jun 26, 2025, at 16:00 FLE Standard Time. Location: at enefit green head office lelle 22, tallinn, Estonia
공시 • May 14Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) for approximately €180 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. Eesti Energia AS pays the purchase price in full from their own resources. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval. As of April 7, 2025, the prospectus and the bid notice received approval from the Financial Supervision Authority. As of April 21, 2025, The opinion of the Supervisory Board of Enefit Green AS ("Supervisory Board") has been prepared. All members of the Supervisory Board are on the opinion that the Bid does not have any negative impact for the interests of Enefit Green. There are no foreseeable immediate or direct impacts to Enefit Green's employment relationships with employees in relation to the Bid, however, it can not be ruled out, that due to integration of the internal processes, existing positions and employment relationships will also need to be changed. Eesti Energia AS completed the acquisition of 20.03% stake in Enefit Green AS (TLSE:EGR1T) on May 12, 2025. During the offer period 52,940,905 shares were tendered. After completion of offer, Eesti Energia AS now owns 256,872,310 Shares that amounts to 97.2%.
공시 • Apr 09Eesti Energia Launches Takeover Bid for Enefit Green's Shares and Plans to Delist stock from the Nasdaq Tallinn Stock ExchangeEesti Energia AS has launched a voluntary takeover bid for the shares not already held in subsidiary Enefit Green AS, planning to delist the renewables developer’s stock from the Nasdaq Tallinn Stock Exchange. With the bid, Eesti Energia aims to lift its shareholding in Enefit Green to at least 90% from the current 77.17%. The company said on April 7, 2025 it has offered EUR 3.40 (USD 3.72) per share for the remaining 22.83% of Enefit Green. It will target at least 33.92 million shares in order for its bid to be successful, and if this happens, it will buy out the remaining stock of the renewables company. Bidding for Enefit Green stock will be held between April 8 and May 12. Results from it will be available around May 14 and the settlement is scheduled for May 16.
Reported Earnings • Apr 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.27 (up from €0.21 in FY 2023). Revenue: €207.9m (down 8.4% from FY 2023). Net income: €70.3m (up 26% from FY 2023). Profit margin: 34% (up from 25% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 31Price target decreased by 10% to €3.25Down from €3.63, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €3.32. The company is forecast to post earnings per share of €0.24 for next year compared to €0.27 last year.
공시 • Mar 28Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million.Eesti Energia AS proposed to acquire remaining 22.83% stake in Enefit Green AS (TLSE:EGR1T) for approximately €210 million on March 27, 2025. A cash consideration valued at €3.4 per share will be paid by Eesti Energia AS. As part of consideration, an undisclosed value is paid towards common equity of Enefit Green AS. Upon completion, Eesti Energia AS will own 100% stake in Enefit Green AS. The goal is to increase Eesti Energia's shareholding in Enefit Green to at least 90%, which would allow them to initiate a squeeze-out process for the remaining shares and delist Enefit Green from the Nasdaq Tallinn Stock Exchange. This would simplify management and reduce reporting obligations. This is contingent upon regulatory approval.
New Risk • Mar 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Estonian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (26% accrual ratio).
Major Estimate Revision • Mar 04Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from €215.8m to €237.8m. EPS estimate increased from €0.228 to €0.244 per share. Net income forecast to shrink 5.9% next year vs 14% growth forecast for Renewable Energy industry in Europe . Consensus price target down from €3.73 to €3.63. Share price was steady at €2.69 over the past week.
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.27 (up from €0.21 in FY 2023). Revenue: €220.9m (down 2.7% from FY 2023). Net income: €70.3m (up 26% from FY 2023). Profit margin: 32% (up from 25% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 46% 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.
New Risk • Feb 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 5.9% per year for the foreseeable future. High level of non-cash earnings (29% accrual ratio).
공시 • Feb 20Sumitomo Corporation (TSE:8053) signed an agreement to acquire 50% stake in Liivi Offshore OÜ from Enefit Green AS (TLSE:EGR1T).Sumitomo Corporation (TSE:8053) signed an agreement to acquire 50% stake in Liivi Offshore OÜ from Enefit Green AS (TLSE:EGR1T) on February 19, 2025. The transaction is subject to approval from the Estonian Consumer Protection and Technical Regulatory Authority.
New Risk • Feb 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Dec 31Enefit Green AS to Report Q1, 2025 Results on May 08, 2025Enefit Green AS announced that they will report Q1, 2025 results on May 08, 2025
공시 • Dec 30+ 3 more updatesEnefit Green AS to Report Q3, 2025 Results on Oct 30, 2025Enefit Green AS announced that they will report Q3, 2025 results on Oct 30, 2025
Price Target Changed • Dec 20Price target decreased by 12% to €3.63Down from €4.11, the current price target is an average from 2 analysts. New target price is 32% above last closing price of €2.74. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.21 last year.
공시 • Dec 19Enefit Green AS Elects Karin Madisson as Member of Supervisory BoardEnefit Green AS at its extraordinary general meeting of the shareholders held on 19 December 2024, approved election of Karin Madisson as a member of the Supervisory Board, with a mandate for a term of 3 years effective from 19 December 2024.
공시 • Dec 12Enefit Green AS Announces Board ChangesAndres Maasing, Member of the Management Board and Head of Development at Enefit Green, will resign at his own request on 4 March 2025. Enefit Green's Management Board currently consists of three members – Juhan Aguraiuja, Chairman of the Management Board, Innar Kaasik, Member of the Management Board responsible for production, and Andres Maasing, responsible for developments. On 31 January 2025, Argo Rannamets will start his tenure as a Member of the Management Board.
분석 기사 • Nov 08We Think That There Are More Issues For Enefit Green (TAL:EGR1T) Than Just Sluggish EarningsA lackluster earnings announcement from Enefit Green AS ( TAL:EGR1T ) last week didn't sink the stock price. Our...
Major Estimate Revision • Nov 07Consensus EPS estimates fall by 12%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €210.9m to €214.8m. EPS estimate fell from €0.291 to €0.256 per share. Net income forecast to grow 6.2% next year vs 6.3% growth forecast for Renewable Energy industry in Europe. Consensus price target of €4.01 unchanged from last update. Share price fell 4.6% to €2.80 over the past week.
Reported Earnings • Nov 01Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: €0.021 (up from €0.019 in 3Q 2023). Revenue: €43.5m (flat on 3Q 2023). Net income: €5.45m (up 8.4% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 65%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Renewable Energy industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
공시 • Oct 30+ 1 more updateEnefit Green AS Announces Board AppointmentsThe Supervisory Board of Enefit Green AS has appointed Argo Rannamets as a Member of the Management Board. His three-year term begins January 31, 2025. Argo Rannamets has over 20 years of experience in finance. Since November 2023, he has served as a board member and CFO of Ekspress Group. From 2021 to 2023, he co-founded the startup KWOTA, which provides carbon offsetting mechanisms. Between 2010 and 2021, he worked at the waste management group Ragn-Sells, where he held the role of the CFO for the Estonian operations and managed various business units across Eastern Europe and Sweden at the group level. The Management Board of Enefit Green also includes Juhan Aguraiuja, Chairman of the Management Board, Innar Kaasik, responsible for production, and Andres Maasing, responsible for developments. Rannamets holds a master’s degree in Financial and Management Accounting from Tallinn University of Technology. He serves on the management boards of Leven Nordic OÜ, Magere OÜ, Samsala OÜ, and AS Ekspress Grupp and is a supervisory board member of Delfi Meedia AS and AS Õhtuleht Kirjastus.
공시 • Sep 25Enefit Green AS Announces Changes in Its Management BoardVeiko Räim's mandate as a Member of the Management Board and CFO of Enefit Green expired on 24 September 2024. The process of selecting a new board member is ongoing. Until the new CEO Juhan Aguraiuja takes office on 14 October 2024, the Management Board of Enefit Green will continue to work with two members on a temporary basis. In addition to interim CEO Andres Maasing, the Management Board also includes Innar Kaasik, who is responsible for production and asset management.
Reported Earnings • Aug 02Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: €0.015 (up from €0.004 in 2Q 2023). Revenue: €38.3m (down 6.5% from 2Q 2023). Net income: €3.94m (up 246% from 2Q 2023). Profit margin: 10% (up from 2.8% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Renewable Energy industry in Europe.
공시 • Jun 28+ 1 more updateEnefit Green AS Announces Veiko Räim Decides Not to Seek Another Term After His Mandate EndsEnefit Green AS announced Veiko Räim, has decided not to seek another term after his mandate ends. Räim's contract is valid until September 24. He has been a member of the Management Board and CFO of Enefit Green since 2017.
분석 기사 • Jun 07Pinning Down Enefit Green AS' (TAL:EGR1T) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 14.5x Enefit Green AS ( TAL:EGR1T ) may be sending bearish signals at the...
Declared Dividend • Jun 06Dividend reduced to €0.10Dividend of €0.10 is 50% lower than last year. Ex-date: 10th June 2024 Payment date: 18th June 2024 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • May 09Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €199.5m to €214.4m. EPS estimate increased from €0.266 to €0.302 per share. Net income forecast to grow 34% next year vs 25% growth forecast for Renewable Energy industry in Europe. Consensus price target of €3.94 unchanged from last update. Share price was steady at €3.20 over the past week.
분석 기사 • May 05Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their EstimatesEnefit Green AS ( TAL:EGR1T ) last week reported its latest quarterly results, which makes it a good time for investors...
Reported Earnings • Apr 06Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: €0.21 (down from €0.42 in FY 2022). Revenue: €227.0m (down 11% from FY 2022). Net income: €55.8m (down 49% from FY 2022). Profit margin: 25% (down from 43% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Renewable Energy industry in Europe.
공시 • Apr 04Aavo Kärmas to Resign as Chairman of the Management Board of Enefit Green AS, Effective 1 July 2024Enefit Green AS announced that Aavo Kärmas, Chairman of the Management Board of the company, will resign in agreement with the Supervisory Board as of 1 July 2024. In near future, the supervisory board will start the recruitment process for a new chairman of the management board. Aavo Kärmas' mandate as a member of the management board and chairman of Enefit Green commenced on 5 July 2017. In addition to Aavo Kärmas, the Management Board of Enefit Green includes Innar Kaasik (responsible for production), Veiko Räim (responsible for finance) and Andres Maasing (responsible for developments).
New Risk • Mar 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% 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 (15% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (24% net profit margin).
분석 기사 • Mar 05The Consensus EPS Estimates For Enefit Green AS (TAL:EGR1T) Just Fell DramaticallyThe analysts covering Enefit Green AS ( TAL:EGR1T ) delivered a dose of negativity to shareholders today, by making a...
Major Estimate Revision • Mar 05Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €251.1m to €214.5m. EPS estimate fell from €0.384 to €0.253 per share. Net income forecast to shrink 6.5% next year vs 5.1% growth forecast for Renewable Energy industry in Europe . Consensus price target down from €4.05 to €3.90. Share price fell 5.3% to €3.30 over the past week.
분석 기사 • Mar 04Earnings Miss: Enefit Green AS Missed EPS By 19% And Analysts Are Revising Their ForecastsShareholders might have noticed that Enefit Green AS ( TAL:EGR1T ) filed its full-year result this time last week. The...
공시 • Mar 02OÜ Utilitas completed the acquisition of district heating operations of Paide and Valka of Enefit Green.OÜ Utilitas entered into a sale and purchase agreement to acquire district heating operations of Paide and Valka of Enefit Green for a transaction valued at €15.8 million on November 28, 2023. Nothing will change for the employees, customers, and partners of Paide and Valka district heating companies before the transaction officially takes effect. After the transfer of assets, the companies will continue their current activities as part of the Utilitas group. All services will continue to be provided and all employees of the companies will be transferred to Utilitas. The completion of the transaction is subject to approval from the Estonian and Latvian competition authorities. AS LHV Pank acted as financial advisor, KPMG Baltics OÜ acted as financial due diligence provider, Tark Grunte Sutkiene acted as legal advisor to Enefit Green. Superia Corporate Finance acted as financial advisor, TRINITI acted as legal advisor to Utilitas.OÜ Utilitas completed the acquisition of district heating operations of Paide and Valka of Enefit Green on March 1, 2024.
분석 기사 • Mar 02Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)Key Insights The projected fair value for Enefit Green is €2.99 based on Dividend Discount Model Enefit Green's €3.26...
Reported Earnings • Mar 01Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: €0.21 (down from €0.42 in FY 2022). Revenue: €230.1m (down 10% from FY 2022). Net income: €55.8m (down 49% from FY 2022). Profit margin: 24% (down from 43% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Europe.
공시 • Dec 29+ 5 more updatesEnefit Green AS to Report Fiscal Year 2023 Final Results on Apr 04, 2024Enefit Green AS announced that they will report fiscal year 2023 final results at 10:00 AM, USSR Zone1 on Apr 04, 2024
Price Target Changed • Dec 07Price target decreased by 14% to €4.05Down from €4.70, the current price target is an average from 2 analysts. New target price is 16% above last closing price of €3.48. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.26 for next year compared to €0.42 last year.
공시 • Sep 09Enefit Green Announces Gradual Restart of Turbines in Akmene Wind FarmEnefit Green has been working closely with the turbine supplier General Electric, construction company Merko Statyba, technical consulting company DNV Services UK and other partners including Lithuanian local and national government authorities to investigate circumstances that led to the collapse of one wind turbine. During the time of the investigation all wind turbines in Akmene wind farm have been stopped. The management board of Enefit Green discussed the findings of the investigation at its meeting on 7 September 2023. A detailed root cause analysis has led to the conclusion that a malfunctioning sensor sent incorrect information to the turbine controller which led to an excessive load on the tower structure and resulted in the collapse of the turbine. Following identification of the failure mechanism, General Electric has identified andis implementing additional protective measures to prevent any recurrence of this specific or similar incident in the future. The management board of Enefit Green also discussed and approved a gradual restarting plan of the unaffected turbines prepared and proposed by General Electric. The plan foresees gradual restart of 12 turbines over a period of 3 weeks commencing on 11 September 2023. The collapsed wind turbine will be replaced completely, and one additional turbine will undergo nacelle replacement due to an unrelated technical issue.
New Risk • Aug 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks High level of debt (44% net debt to equity). Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 04Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: €0.004 (down from €0.064 in 2Q 2022). Revenue: €41.2m (down 13% from 2Q 2022). Net income: €1.14m (down 93% from 2Q 2022). Profit margin: 2.8% (down from 36% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 95%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Renewable Energy industry in Europe.
New Risk • Jun 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. High level of non-cash earnings (31% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • May 31Upcoming dividend of €0.21 per share at 4.3% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Estonian dividend payers (5.4%). Higher than average of industry peers (2.8%).
공시 • May 25+ 1 more updateEnefit Green AS Approves Dividend for 2022, Payable on 15 June 2023Enefit Green AS approved pay out EUR 54,969,000 (EUR 0.208 per share) in dividends for 2022, at its AGM held on 24 May 2023. The list of shareholders entitled to receive dividends will be established on 08 June 2023 at the end of the business day of the settlement system of Nasdaq CSD (Estonia). Consequently, the day of change of the rights related to the shares (ex-dividend date) is 07 June 2023; from this date onwards, the person acquiring the shares is not entitled to receive dividends for the financial year 2022. Dividends will be paid out to the shareholders on 15 June 2023.
Reported Earnings • May 06First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: €0.12 (down from €0.13 in 1Q 2022). Revenue: €77.5m (up 17% from 1Q 2022). Net income: €30.5m (down 13% from 1Q 2022). Profit margin: 39% (down from 53% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Renewable Energy industry in Europe.
Reported Earnings • Apr 07Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: €0.42. Revenue: €256.5m (up 40% from FY 2021). Net income: €110.2m (up 38% from FY 2021). Profit margin: 43% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Renewable Energy industry in Europe.
Major Estimate Revision • Mar 07Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €274.9m to €301.2m. EPS estimate increased from €0.382 to €0.494 per share. Net income forecast to grow 18% next year vs 18% growth forecast for Renewable Energy industry in Estonia. Consensus price target of €5.03 unchanged from last update. Share price was steady at €4.45 over the past week.
분석 기사 • Mar 03Enefit Green AS (TAL:EGR1T) Reported Earnings Last Week And Analysts Are Already Upgrading Their EstimatesInvestors in Enefit Green AS ( TAL:EGR1T ) had a good week, as its shares rose 2.0% to close at €4.41 following the...
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €0.42 (vs €0.92 in FY 2021)Full year 2022 results: EPS: €0.42. Revenue: €257.0m (up 40% from FY 2021). Net income: €110.2m (up 38% from FY 2021). Profit margin: 43% (in line with FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Europe.
공시 • Dec 21Enefit Green AS to Report Fiscal Year 2022 Results on Apr 04, 2023Enefit Green AS announced that they will report fiscal year 2022 results on Apr 04, 2023
공시 • Dec 20+ 3 more updatesEnefit Green AS to Report Q1, 2023 Results on May 04, 2023Enefit Green AS announced that they will report Q1, 2023 results on May 04, 2023
Price Target Changed • Dec 08Price target increased to €5.03Up from €4.70, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €4.39. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of €0.42 for next year compared to €0.92 last year.
Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: €0.087 (vs €0.20 in 3Q 2021)Third quarter 2022 results: EPS: €0.087. Revenue: €60.3m (up 66% from 3Q 2021). Net income: €22.9m (up 50% from 3Q 2021). Profit margin: 38% (down from 42% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Renewable Energy industry in Europe.
분석 기사 • Sep 28Broker Revenue Forecasts For Enefit Green AS (TAL:EGR1T) Are Surging HigherShareholders in Enefit Green AS ( TAL:EGR1T ) may be thrilled to learn that the analysts have just delivered a major...
Major Estimate Revision • Sep 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €215.0m to €248.2m. EPS estimate unchanged from €0.38 at last update. Renewable Energy industry in Europe expected to see average net income growth of 26% next year. Consensus price target up from €4.70 to €4.95. Share price fell 3.6% to €4.15 over the past week.
공시 • Sep 23Enefit Green AS (TLSE:EGR1T) agreed to acquire Rääbiste Põllud OÜ.Enefit Green AS (TLSE:EGR1T) agreed to acquire Rääbiste Põllud OÜ on September 21, 2022. Rääbiste Põllud OÜ, owns two early-stage solar development projects in Pärnu County (Estonia) with a planned total capacity of up to 165 MW. These projects will become part of Enefit Green's long-term development portfolio with the aim to reach final investment decision in 2024. This transaction is not considered to be a transaction with a related party for the purposes of stock exchange rules, and the supervisory board and management board members of Enefit Green do not have personal interest in this transactio.
분석 기사 • Sep 21Calculating The Intrinsic Value Of Enefit Green AS (TAL:EGR1T)How far off is Enefit Green AS ( TAL:EGR1T ) from its intrinsic value? Using the most recent financial data, we'll take...
분석 기사 • Aug 11Statutory Profit Doesn't Reflect How Good Enefit Green's (TAL:EGR1T) Earnings AreEnefit Green AS ( TAL:EGR1T ) just reported some strong earnings, and the market rewarded them with a positive share...
Reported Earnings • Aug 05Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: EPS: €0.064. Revenue: €47.3m (up 31% from 2Q 2021). Net income: €16.9m (up 80% from 2Q 2021). Profit margin: 36% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 2,626% growth forecast for the industry in Europe.
Major Estimate Revision • Jul 30Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €203.5m to €211.6m. EPS estimate increased from €0.30 to €0.36 per share. Net income forecast to shrink 0.9% next year vs 36% growth forecast for Renewable Energy industry in Europe . Consensus price target of €4.70 unchanged from last update. Share price rose 3.7% to €4.19 over the past week.
공시 • Jul 28Enefit Green Announces Resignation of Linas Sabaliauskas as Member of the Management Board and Head of Developments, Effective August 1, 2022On meeting the Supervisory Board of Enefit Green decided to approve the resignation of Linas Sabaliauskas, Member of the Management Board and Head of Developments, and to recall him from his position as a Member of the Management Board of Enefit Green from 1 August 2022. Linas Sabaliauskas resigns from the board at his own request. The Management Board of Enefit Green will temporarily continue to work with three members. A search for candidates will be launched to find a new member of the Management Board responsible for development. Until a new member of the Management Board is found, the functions of this position will be performed by the Chairman of the Management Board Aavo Kärmas. In addition, the Management Board consists of Innar Kaasik, COO and Veiko Räim, CFO.
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.13. Revenue: €66.7m (up 70% from 1Q 2021). Net income: €34.9m (up 179% from 1Q 2021). Profit margin: 52% (up from 32% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 63%. Over the next year, revenue is expected to shrink by 8.6% compared to a 3,396% growth forecast for the industry in Estonia.
공시 • May 02Enefit Green AS to Report Q1, 2022 Results on May 05, 2022Enefit Green AS announced that they will report Q1, 2022 results at 8:00 AM, E. Europe Standard Time on May 05, 2022
공시 • Apr 26+ 1 more updateEnefit Green AS, Annual General Meeting, May 17, 2022Enefit Green AS, Annual General Meeting, May 17, 2022, at 13:00 E. Europe Standard Time. Location: Noblessner Foundry, Peetri 10 Tallinn Estonia Agenda: To consider approval of the annual report for 2021; to consider profit distribution; to consider amendments to the articles of association; and to transact other matters.
공시 • Apr 04Enefit Green AS Proposes DividendEnefit Green AS proposed dividend of EUR 0.151 per share to the annual general meeting.
Reported Earnings • Mar 01Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €0.35 (down from €14.16 in FY 2020). Revenue: €183.7m (up 24% from FY 2020). Net income: €79.7m (up 17% from FY 2020). Profit margin: 43% (down from 46% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 289%. Over the next year, revenue is forecast to grow 2.2%, compared to a 40% growth forecast for the industry in Estonia.
공시 • Mar 01Enefit Green AS Proposes Dividend for the Year 2021Enefit Green AS the Management Board proposes to distribute to shareholders EUR 39.9 million in dividends (EUR 0.151 per share) from earnings of previous periods in 2022, which is equivalent to 50% of group’s unaudited net profit in 2021.