View ValuationAudax Renovables 향후 성장Future 기준 점검 3/6Audax Renovables (는) 각각 연간 28% 및 3.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 28.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.4% 로 예상됩니다.핵심 정보28.0%이익 성장률28.09%EPS 성장률Renewable Energy 이익 성장0.06%매출 성장률3.2%향후 자기자본이익률18.40%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트Major Estimate Revision • Mar 03Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €2.19b to €1.89b. EPS estimate fell from €0.108 to €0.105 per share. Net income forecast to grow 26% next year vs 0.9% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 5.9% to €1.22 over the past week.Major Estimate Revision • Dec 11Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.38b to €2.18b. EPS estimate also fell from €0.106 per share to €0.089 per share. Net income forecast to grow 28% next year vs 10% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 2.5% to €1.30 over the past week.Price Target Changed • Oct 02Price target increased by 8.6% to €2.39Up from €2.20, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €1.92. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.066 last year.Major Estimate Revision • Oct 02Consensus revenue estimates decrease by 12%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.21b to €1.95b. EPS estimate increased from €0.111 to €0.12 per share. Net income forecast to grow 31% next year vs 56% growth forecast for Renewable Energy industry in Spain. Consensus price target up from €2.30 to €2.39. Share price rose 7.3% to €1.92 over the past week.Price Target Changed • Sep 25Price target increased by 9.0% to €2.29Up from €2.10, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €1.79. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.Price Target Changed • May 29Price target increased by 11% to €2.10Up from €1.90, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €1.94. Stock is up 65% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.모든 업데이트 보기Recent updates공시 • May 08Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona, barcelona., SpainReported Earnings • Apr 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.044 (down from €0.13 in FY 2024). Revenue: €1.88b (down 5.4% from FY 2024). Net income: €19.6m (down 68% from FY 2024). Profit margin: 1.0% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Mar 03Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €2.19b to €1.89b. EPS estimate fell from €0.108 to €0.105 per share. Net income forecast to grow 26% next year vs 0.9% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 5.9% to €1.22 over the past week.공시 • Feb 19Audax Renovables, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Audax Renovables, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 26, 2026Major Estimate Revision • Dec 11Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.38b to €2.18b. EPS estimate also fell from €0.106 per share to €0.089 per share. Net income forecast to grow 28% next year vs 10% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 2.5% to €1.30 over the past week.Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €433.5m (down 14% from 3Q 2024). Net income: €2.63m (down 78% from 3Q 2024). Profit margin: 0.6% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 02Second quarter 2025 earnings released: EPS: €0.015 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.015 (down from €0.039 in 2Q 2024). Revenue: €377.5m (down 6.1% from 2Q 2024). Net income: €6.84m (down 62% from 2Q 2024). Profit margin: 1.8% (down from 4.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.New Risk • Jul 16New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.026 (vs €0.035 in 1Q 2024)First quarter 2025 results: EPS: €0.026 (down from €0.035 in 1Q 2024). Revenue: €571.2m (up 19% from 1Q 2024). Net income: €11.9m (down 25% from 1Q 2024). Profit margin: 2.1% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • May 15Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025. Location: hotel marina badalona, avinguda deduard maristany 227, badalona, barcelona Spain분석 기사 • Apr 17The Market Doesn't Like What It Sees From Audax Renovables, S.A.'s (BME:ADX) Earnings YetWhen close to half the companies in Spain have price-to-earnings ratios (or "P/E's") above 19x, you may consider Audax...분석 기사 • Mar 19Here's Why We Think Audax Renovables (BME:ADX) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.13 (vs €0.066 in FY 2023)Full year 2024 results: EPS: €0.13 (up from €0.066 in FY 2023). Revenue: €1.99b (down 13% from FY 2023). Net income: €60.6m (up 109% from FY 2023). Profit margin: 3.0% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: €0.026 (vs €0.033 in 3Q 2023)Third quarter 2024 results: EPS: €0.026 (down from €0.033 in 3Q 2023). Revenue: €506.1m (down 11% from 3Q 2023). Net income: €11.8m (down 20% from 3Q 2023). Profit margin: 2.3% (down from 2.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 07Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buy Or Sell Opportunity • Nov 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.8% to €1.66. The fair value is estimated to be €2.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 9.3% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.New Risk • Oct 07New 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Price Target Changed • Oct 02Price target increased by 8.6% to €2.39Up from €2.20, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €1.92. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.066 last year.Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: €0.039 (vs €0.014 in 2Q 2023)Second quarter 2024 results: EPS: €0.039 (up from €0.014 in 2Q 2023). Revenue: €402.6m (down 22% from 2Q 2023). Net income: €17.8m (up 181% from 2Q 2023). Profit margin: 4.4% (up from 1.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Oct 02Consensus revenue estimates decrease by 12%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.21b to €1.95b. EPS estimate increased from €0.111 to €0.12 per share. Net income forecast to grow 31% next year vs 56% growth forecast for Renewable Energy industry in Spain. Consensus price target up from €2.30 to €2.39. Share price rose 7.3% to €1.92 over the past week.Price Target Changed • Sep 25Price target increased by 9.0% to €2.29Up from €2.10, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €1.79. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to €1.87. The fair value is estimated to be €1.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 82%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.New Risk • Jun 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (159% net debt to equity). Share price has been volatile over the past 3 months (4.8% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).Price Target Changed • May 29Price target increased by 11% to €2.10Up from €1.90, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €1.94. Stock is up 65% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.036 (vs €0.005 in 1Q 2023)First quarter 2024 results: EPS: €0.036 (up from €0.005 in 1Q 2023). Revenue: €482.1m (down 31% from 1Q 2023). Net income: €15.9m (up €13.9m from 1Q 2023). Profit margin: 3.3% (up from 0.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • May 17Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona Spain분석 기사 • May 09Audax Renovables' (BME:ADX) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (4.3% average weekly change).분석 기사 • Apr 03A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price ClimbAudax Renovables, S.A. ( BME:ADX ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.56, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Renewable Energy industry in Spain. Total loss to shareholders of 25% over the past three years.Price Target Changed • Mar 25Price target increased by 11% to €2.00Up from €1.80, the current price target is provided by 1 analyst. New target price is 45% above last closing price of €1.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of €0.099 for next year compared to €0.066 last year.분석 기사 • Nov 17We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Major Estimate Revision • Nov 14Consensus EPS estimates increase by 77%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €2.30b to €2.27b. EPS estimate rose from €0.032 to €0.057. Net income forecast to grow 85% next year vs 53% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price rose 8.0% to €1.22 over the past week.Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: €0.014 (vs €0.002 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.014 (up from €0.002 loss in 2Q 2022). Revenue: €519.2m (down 12% from 2Q 2022). Net income: €6.35m (up €7.16m from 2Q 2022). Profit margin: 1.2% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Sep 29Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.026 to €0.032. Revenue forecast steady at €2.30b. Net income forecast to grow 296% next year vs 31% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.26 over the past week.Major Estimate Revision • Sep 17Consensus EPS estimates increase by 25%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.021 to €0.026. Revenue forecast steady at €2.30b. Net income forecast to grow 232% next year vs 30% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.30 over the past week.분석 기사 • May 11Is Audax Renovables (BME:ADX) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Mar 17Should You Think About Buying Audax Renovables, S.A. (BME:ADX) Now?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it led the BME gainers with a relatively large...Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €0.01 (vs €0.006 in FY 2021)Full year 2022 results: EPS: €0.01 (up from €0.006 in FY 2021). Revenue: €2.63b (up 56% from FY 2021). Net income: €3.54m (up 25% from FY 2021). Profit margin: 0.1% (down from 0.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.분석 기사 • Feb 03Be Wary Of Audax Renovables (BME:ADX) And Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 37% share price gain to €1.03, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 20x in the Renewable Energy industry in Spain. Total loss to shareholders of 58% over the past three years.분석 기사 • Nov 18Is It Too Late To Consider Buying Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 03Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €586.6m (up 68% from 2Q 2021). Net loss: €804.0k (loss narrowed 84% from 2Q 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.분석 기사 • Sep 26Is Audax Renovables (BME:ADX) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Sep 14Audax Renovables, S.A. to Report Second Half, 2022 Results on Feb 28, 2023Audax Renovables, S.A. announced that they will report second half, 2022 results on Feb 28, 2023Major Estimate Revision • May 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.66b to €1.94b. EPS estimate fell from €0.07 to €0.04. Net income forecast to grow 567% next year vs 68% growth forecast for Renewable Energy industry in Spain. Consensus price target of €2.50 unchanged from last update. Share price fell 3.1% to €1.18 over the past week.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.01 (down from €0.06 in FY 2020). Revenue: €1.68b (up 74% from FY 2020). Net income: €2.84m (down 89% from FY 2020). Profit margin: 0.2% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the industry in Spain. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.03, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Renewable Energy industry in Spain. Total loss to shareholders of 59% over the past three years.분석 기사 • Feb 19Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Major Estimate Revision • Dec 14Consensus EPS estimates increase by 35%The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €1.37b to €1.45b. EPS estimate increased from €0.02 to €0.03 per share. Net income forecast to grow 49% next year vs 86% growth forecast for Renewable Energy industry in Spain. Consensus price target down from €2.90 to €2.50. Share price was steady at €1.23 over the past week.Price Target Changed • Dec 13Price target decreased to €2.50Down from €2.90, the current price target is an average from 2 analysts. New target price is 105% above last closing price of €1.22. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.021 for next year compared to €0.06 last year.분석 기사 • Oct 30Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 01Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved revenues, although earnings and control over costs were weaker. Second quarter 2021 results: Revenue: €348.4m (up 106% from 2Q 2020). Net loss: €5.11m (down 293% from profit in 2Q 2020).분석 기사 • Sep 16When Should You Buy Audax Renovables, S.A. (BME:ADX)?While Audax Renovables, S.A. ( BME:ADX ) might not be the most widely known stock at the moment, it saw significant...Major Estimate Revision • Jul 28Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €1.27b to €1.40b. EPS estimate fell from €0.063 to €0.052 per share. Net income forecast to shrink 6.8% next year vs 25% growth forecast for Renewable Energy industry in Spain . Consensus price target of €2.90 unchanged from last update. Share price was steady at €1.90 over the past week.분석 기사 • Apr 28Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it saw significant share price movement during...분석 기사 • Apr 13Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...분석 기사 • Mar 18Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?Does the March share price for Audax Renovables, S.A. ( BME:ADX ) reflect what it's really worth? Today, we will...분석 기사 • Mar 04These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.06 (vs €0.058 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €967.4m (down 7.1% from FY 2019). Net income: €26.4m (up 3.8% from FY 2019). Profit margin: 2.7% (up from 2.4% in FY 2019). The increase in margin was driven by lower expenses.Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 203%. Over the next year, revenue is forecast to grow 15%, compared to a 42% growth forecast for the Renewable Energy industry in Spain.분석 기사 • Feb 07Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?The big shareholder groups in Audax Renovables, S.A. ( BME:ADX ) have power over the company. Institutions often own...분석 기사 • Jan 18What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to €2.31, the stock is trading at a trailing P/E ratio of 41.3x, up from the previous P/E ratio of 34.7x. This compares to an average P/E of 36x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 4.4%.Is New 90 Day High Low • Jan 07New 90-day high: €2.31The company is up 12% from its price of €2.06 on 09 October 2020. The Spanish market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 49% over the same period.분석 기사 • Dec 27Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...분석 기사 • Dec 06Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last YearIt's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...Is New 90 Day High Low • Dec 02New 90-day low: €1.65The company is down 3.0% from its price of €1.69 on 03 September 2020. The Spanish market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Valuation Update With 7 Day Price Move • Nov 19Market pulls back on stock over the past weekAfter last week's 16% share price decline to €1.81, the stock is trading at a trailing P/E ratio of 32.3x, down from the previous P/E ratio of 38.3x. This compares to an average P/E of 29x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 9.5%.Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS €0.014The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €222.3m (down 8.1% from 3Q 2019). Net income: €6.21m (up 45% from 3Q 2019). Profit margin: 2.8% (up from 1.8% in 3Q 2019). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 16% share price gain to €2.19, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 28x in the Renewable Energy industry in Europe. Total returns to shareholders over the past year are 29%.Is New 90 Day High Low • Oct 08New 90-day high: €2.07The company is up 20% from its price of €1.72 on 10 July 2020. The Spanish market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 9.0% over the same period.Reported Earnings • Sep 26First half earnings releasedOver the last 12 months the company has reported total profits of €22.7m, up 31% from the prior year. Total revenue was €919.2m over the last 12 months, down 15% from the prior year.분석 기사 • Jun 16Audax Renovables, S.A. (BME:ADX) Is Employing Capital Very EffectivelyToday we'll evaluate Audax Renovables, S.A. (BME:ADX) to determine whether it could have potential as an investment...이익 및 매출 성장 예측BME:ADX - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,0586112114312/31/20271,9915515109312/31/20261,91049-1085312/31/20251,87520-1251N/A9/30/20251,96636-472N/A6/30/20252,04346-1648N/A3/31/20252,070572778N/A12/31/20241,982611874N/A9/30/20241,89751N/AN/AN/A6/30/20241,958542975N/A3/31/20242,07543N/AN/AN/A12/31/20232,29029109141N/A9/30/20232,37928N/AN/AN/A6/30/20232,52012148191N/A3/31/20232,5875N/AN/AN/A12/31/20222,6264106151N/A9/30/20222,5753N/AN/AN/A6/30/20222,3112-61-20N/A3/31/20222,0792N/AN/AN/A12/31/20211,679-2-112-74N/A9/30/20211,48116N/AN/AN/A6/30/20211,25319-67-40N/A3/31/20211,07426N/AN/AN/A12/31/2020967265976N/A9/30/202090025N/AN/AN/A6/30/202091923117133N/A3/31/202098725N/AN/AN/A12/31/20191,041252356N/A9/30/20191,04218N/AN/AN/A6/30/20191,08217N/A-7N/A3/31/20191,08612N/AN/AN/A12/31/20189848N/A56N/A12/31/20176718N/A-85N/A12/31/201636012N/A19N/A12/31/201548812N/A5N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ADX 의 연간 예상 수익 증가율(28%)이 saving rate(2.7%)보다 높습니다.수익 vs 시장: ADX 의 연간 수익(28%)이 Spanish 시장(11.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: ADX 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: ADX 의 수익(연간 3.2%)이 Spanish 시장(연간 6.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: ADX 의 수익(연간 3.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ADX의 자본 수익률은 3년 후 18.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 10:49종가2026/05/22 00:00수익2025/12/31연간 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 소스Audax Renovables, S.A.는 5명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Francisco RuizBNP ParibasVictor Peiro PérezGVC Gaesco ValoresAlberto Espelosín González-SimarroJB Capital Markets2명의 분석가 더 보기
Major Estimate Revision • Mar 03Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €2.19b to €1.89b. EPS estimate fell from €0.108 to €0.105 per share. Net income forecast to grow 26% next year vs 0.9% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 5.9% to €1.22 over the past week.
Major Estimate Revision • Dec 11Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.38b to €2.18b. EPS estimate also fell from €0.106 per share to €0.089 per share. Net income forecast to grow 28% next year vs 10% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 2.5% to €1.30 over the past week.
Price Target Changed • Oct 02Price target increased by 8.6% to €2.39Up from €2.20, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €1.92. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.066 last year.
Major Estimate Revision • Oct 02Consensus revenue estimates decrease by 12%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.21b to €1.95b. EPS estimate increased from €0.111 to €0.12 per share. Net income forecast to grow 31% next year vs 56% growth forecast for Renewable Energy industry in Spain. Consensus price target up from €2.30 to €2.39. Share price rose 7.3% to €1.92 over the past week.
Price Target Changed • Sep 25Price target increased by 9.0% to €2.29Up from €2.10, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €1.79. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.
Price Target Changed • May 29Price target increased by 11% to €2.10Up from €1.90, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €1.94. Stock is up 65% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.
공시 • May 08Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026Audax Renovables, S.A., Annual General Meeting, Jun 11, 2026. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona, barcelona., Spain
Reported Earnings • Apr 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €0.044 (down from €0.13 in FY 2024). Revenue: €1.88b (down 5.4% from FY 2024). Net income: €19.6m (down 68% from FY 2024). Profit margin: 1.0% (down from 3.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Mar 03Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €2.19b to €1.89b. EPS estimate fell from €0.108 to €0.105 per share. Net income forecast to grow 26% next year vs 0.9% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 5.9% to €1.22 over the past week.
공시 • Feb 19Audax Renovables, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Audax Renovables, S.A. announced that they will report fiscal year 2025 results Pre-Market on Feb 26, 2026
Major Estimate Revision • Dec 11Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €2.38b to €2.18b. EPS estimate also fell from €0.106 per share to €0.089 per share. Net income forecast to grow 28% next year vs 10% decline forecast for Renewable Energy industry in Spain. Consensus price target of €2.35 unchanged from last update. Share price fell 2.5% to €1.30 over the past week.
Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €433.5m (down 14% from 3Q 2024). Net income: €2.63m (down 78% from 3Q 2024). Profit margin: 0.6% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 02Second quarter 2025 earnings released: EPS: €0.015 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.015 (down from €0.039 in 2Q 2024). Revenue: €377.5m (down 6.1% from 2Q 2024). Net income: €6.84m (down 62% from 2Q 2024). Profit margin: 1.8% (down from 4.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 16New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.026 (vs €0.035 in 1Q 2024)First quarter 2025 results: EPS: €0.026 (down from €0.035 in 1Q 2024). Revenue: €571.2m (up 19% from 1Q 2024). Net income: €11.9m (down 25% from 1Q 2024). Profit margin: 2.1% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • May 15Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025Audax Renovables, S.A., Annual General Meeting, Jun 19, 2025. Location: hotel marina badalona, avinguda deduard maristany 227, badalona, barcelona Spain
분석 기사 • Apr 17The Market Doesn't Like What It Sees From Audax Renovables, S.A.'s (BME:ADX) Earnings YetWhen close to half the companies in Spain have price-to-earnings ratios (or "P/E's") above 19x, you may consider Audax...
분석 기사 • Mar 19Here's Why We Think Audax Renovables (BME:ADX) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: €0.13 (vs €0.066 in FY 2023)Full year 2024 results: EPS: €0.13 (up from €0.066 in FY 2023). Revenue: €1.99b (down 13% from FY 2023). Net income: €60.6m (up 109% from FY 2023). Profit margin: 3.0% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: €0.026 (vs €0.033 in 3Q 2023)Third quarter 2024 results: EPS: €0.026 (down from €0.033 in 3Q 2023). Revenue: €506.1m (down 11% from 3Q 2023). Net income: €11.8m (down 20% from 3Q 2023). Profit margin: 2.3% (down from 2.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 07Should You Be Adding Audax Renovables (BME:ADX) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buy Or Sell Opportunity • Nov 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.8% to €1.66. The fair value is estimated to be €2.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 9.3% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
New Risk • Oct 07New 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Price Target Changed • Oct 02Price target increased by 8.6% to €2.39Up from €2.20, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €1.92. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.066 last year.
Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: €0.039 (vs €0.014 in 2Q 2023)Second quarter 2024 results: EPS: €0.039 (up from €0.014 in 2Q 2023). Revenue: €402.6m (down 22% from 2Q 2023). Net income: €17.8m (up 181% from 2Q 2023). Profit margin: 4.4% (up from 1.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Oct 02Consensus revenue estimates decrease by 12%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.21b to €1.95b. EPS estimate increased from €0.111 to €0.12 per share. Net income forecast to grow 31% next year vs 56% growth forecast for Renewable Energy industry in Spain. Consensus price target up from €2.30 to €2.39. Share price rose 7.3% to €1.92 over the past week.
Price Target Changed • Sep 25Price target increased by 9.0% to €2.29Up from €2.10, the current price target is an average from 2 analysts. New target price is 28% above last closing price of €1.79. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.
Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.2% to €1.87. The fair value is estimated to be €1.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 82%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
New Risk • Jun 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (159% net debt to equity). Share price has been volatile over the past 3 months (4.8% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
Price Target Changed • May 29Price target increased by 11% to €2.10Up from €1.90, the current price target is an average from 2 analysts. New target price is 8.5% above last closing price of €1.94. Stock is up 65% over the past year. The company is forecast to post earnings per share of €0.11 for next year compared to €0.066 last year.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.036 (vs €0.005 in 1Q 2023)First quarter 2024 results: EPS: €0.036 (up from €0.005 in 1Q 2023). Revenue: €482.1m (down 31% from 1Q 2023). Net income: €15.9m (up €13.9m from 1Q 2023). Profit margin: 3.3% (up from 0.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Spain are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • May 17Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024Audax Renovables, S.A., Annual General Meeting, Jun 18, 2024. Location: hotel marina badalona, avinguda d`eduard maristany 227, badalona Spain
분석 기사 • May 09Audax Renovables' (BME:ADX) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (4.3% average weekly change).
분석 기사 • Apr 03A Piece Of The Puzzle Missing From Audax Renovables, S.A.'s (BME:ADX) 26% Share Price ClimbAudax Renovables, S.A. ( BME:ADX ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.56, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Renewable Energy industry in Spain. Total loss to shareholders of 25% over the past three years.
Price Target Changed • Mar 25Price target increased by 11% to €2.00Up from €1.80, the current price target is provided by 1 analyst. New target price is 45% above last closing price of €1.38. Stock is up 22% over the past year. The company is forecast to post earnings per share of €0.099 for next year compared to €0.066 last year.
분석 기사 • Nov 17We Think Audax Renovables (BME:ADX) Is Taking Some Risk With Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • Nov 14Consensus EPS estimates increase by 77%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €2.30b to €2.27b. EPS estimate rose from €0.032 to €0.057. Net income forecast to grow 85% next year vs 53% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price rose 8.0% to €1.22 over the past week.
Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: €0.014 (vs €0.002 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.014 (up from €0.002 loss in 2Q 2022). Revenue: €519.2m (down 12% from 2Q 2022). Net income: €6.35m (up €7.16m from 2Q 2022). Profit margin: 1.2% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Sep 29Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.026 to €0.032. Revenue forecast steady at €2.30b. Net income forecast to grow 296% next year vs 31% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.26 over the past week.
Major Estimate Revision • Sep 17Consensus EPS estimates increase by 25%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.021 to €0.026. Revenue forecast steady at €2.30b. Net income forecast to grow 232% next year vs 30% growth forecast for Renewable Energy industry in Spain. Consensus price target of €1.90 unchanged from last update. Share price was steady at €1.30 over the past week.
분석 기사 • May 11Is Audax Renovables (BME:ADX) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Mar 17Should You Think About Buying Audax Renovables, S.A. (BME:ADX) Now?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it led the BME gainers with a relatively large...
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: €0.01 (vs €0.006 in FY 2021)Full year 2022 results: EPS: €0.01 (up from €0.006 in FY 2021). Revenue: €2.63b (up 56% from FY 2021). Net income: €3.54m (up 25% from FY 2021). Profit margin: 0.1% (down from 0.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
분석 기사 • Feb 03Be Wary Of Audax Renovables (BME:ADX) And Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 37% share price gain to €1.03, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 20x in the Renewable Energy industry in Spain. Total loss to shareholders of 58% over the past three years.
분석 기사 • Nov 18Is It Too Late To Consider Buying Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 03Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €586.6m (up 68% from 2Q 2021). Net loss: €804.0k (loss narrowed 84% from 2Q 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Spain. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
분석 기사 • Sep 26Is Audax Renovables (BME:ADX) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Sep 14Audax Renovables, S.A. to Report Second Half, 2022 Results on Feb 28, 2023Audax Renovables, S.A. announced that they will report second half, 2022 results on Feb 28, 2023
Major Estimate Revision • May 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.66b to €1.94b. EPS estimate fell from €0.07 to €0.04. Net income forecast to grow 567% next year vs 68% growth forecast for Renewable Energy industry in Spain. Consensus price target of €2.50 unchanged from last update. Share price fell 3.1% to €1.18 over the past week.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Josep Maria Torres was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.01 (down from €0.06 in FY 2020). Revenue: €1.68b (up 74% from FY 2020). Net income: €2.84m (down 89% from FY 2020). Profit margin: 0.2% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the industry in Spain. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.03, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Renewable Energy industry in Spain. Total loss to shareholders of 59% over the past three years.
분석 기사 • Feb 19Audax Renovables' (BME:ADX) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Major Estimate Revision • Dec 14Consensus EPS estimates increase by 35%The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €1.37b to €1.45b. EPS estimate increased from €0.02 to €0.03 per share. Net income forecast to grow 49% next year vs 86% growth forecast for Renewable Energy industry in Spain. Consensus price target down from €2.90 to €2.50. Share price was steady at €1.23 over the past week.
Price Target Changed • Dec 13Price target decreased to €2.50Down from €2.90, the current price target is an average from 2 analysts. New target price is 105% above last closing price of €1.22. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.021 for next year compared to €0.06 last year.
분석 기사 • Oct 30Does Audax Renovables (BME:ADX) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 01Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved revenues, although earnings and control over costs were weaker. Second quarter 2021 results: Revenue: €348.4m (up 106% from 2Q 2020). Net loss: €5.11m (down 293% from profit in 2Q 2020).
분석 기사 • Sep 16When Should You Buy Audax Renovables, S.A. (BME:ADX)?While Audax Renovables, S.A. ( BME:ADX ) might not be the most widely known stock at the moment, it saw significant...
Major Estimate Revision • Jul 28Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €1.27b to €1.40b. EPS estimate fell from €0.063 to €0.052 per share. Net income forecast to shrink 6.8% next year vs 25% growth forecast for Renewable Energy industry in Spain . Consensus price target of €2.90 unchanged from last update. Share price was steady at €1.90 over the past week.
분석 기사 • Apr 28Is There Now An Opportunity In Audax Renovables, S.A. (BME:ADX)?Audax Renovables, S.A. ( BME:ADX ), might not be a large cap stock, but it saw significant share price movement during...
분석 기사 • Apr 13Audax Renovables (BME:ADX) Might Be Having Difficulty Using Its Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
분석 기사 • Mar 18Are Investors Undervaluing Audax Renovables, S.A. (BME:ADX) By 47%?Does the March share price for Audax Renovables, S.A. ( BME:ADX ) reflect what it's really worth? Today, we will...
분석 기사 • Mar 04These 4 Measures Indicate That Audax Renovables (BME:ADX) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 04Full year 2020 earnings released: EPS €0.06 (vs €0.058 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €967.4m (down 7.1% from FY 2019). Net income: €26.4m (up 3.8% from FY 2019). Profit margin: 2.7% (up from 2.4% in FY 2019). The increase in margin was driven by lower expenses.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 203%. Over the next year, revenue is forecast to grow 15%, compared to a 42% growth forecast for the Renewable Energy industry in Spain.
분석 기사 • Feb 07Do Institutions Own Audax Renovables, S.A. (BME:ADX) Shares?The big shareholder groups in Audax Renovables, S.A. ( BME:ADX ) have power over the company. Institutions often own...
분석 기사 • Jan 18What Does Audax Renovables, S.A.'s (BME:ADX) Share Price Indicate?Audax Renovables, S.A. ( BME:ADX ), is not the largest company out there, but it saw a significant share price rise of...
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to €2.31, the stock is trading at a trailing P/E ratio of 41.3x, up from the previous P/E ratio of 34.7x. This compares to an average P/E of 36x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 4.4%.
Is New 90 Day High Low • Jan 07New 90-day high: €2.31The company is up 12% from its price of €2.06 on 09 October 2020. The Spanish market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 49% over the same period.
분석 기사 • Dec 27Can Audax Renovables, S.A. (BME:ADX) Maintain Its Strong Returns?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
분석 기사 • Dec 06Reflecting on Audax Renovables' (BME:ADX) Share Price Returns Over The Last YearIt's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...
Is New 90 Day High Low • Dec 02New 90-day low: €1.65The company is down 3.0% from its price of €1.69 on 03 September 2020. The Spanish market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Valuation Update With 7 Day Price Move • Nov 19Market pulls back on stock over the past weekAfter last week's 16% share price decline to €1.81, the stock is trading at a trailing P/E ratio of 32.3x, down from the previous P/E ratio of 38.3x. This compares to an average P/E of 29x in the Renewable Energy industry in Europe. Total return to shareholders over the past year is a loss of 9.5%.
Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS €0.014The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €222.3m (down 8.1% from 3Q 2019). Net income: €6.21m (up 45% from 3Q 2019). Profit margin: 2.8% (up from 1.8% in 3Q 2019). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 16% share price gain to €2.19, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 28x in the Renewable Energy industry in Europe. Total returns to shareholders over the past year are 29%.
Is New 90 Day High Low • Oct 08New 90-day high: €2.07The company is up 20% from its price of €1.72 on 10 July 2020. The Spanish market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 9.0% over the same period.
Reported Earnings • Sep 26First half earnings releasedOver the last 12 months the company has reported total profits of €22.7m, up 31% from the prior year. Total revenue was €919.2m over the last 12 months, down 15% from the prior year.
분석 기사 • Jun 16Audax Renovables, S.A. (BME:ADX) Is Employing Capital Very EffectivelyToday we'll evaluate Audax Renovables, S.A. (BME:ADX) to determine whether it could have potential as an investment...