Valuation Update With 7 Day Price Move • 11h
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €53.10, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 19x in the Renewable Energy industry in Europe. Total returns to shareholders of 33% over the past year. 공시 • Apr 10
Uniper SE announces Annual dividend, payable on May 25, 2026 Uniper SE announced Annual dividend of EUR 0.7200 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026. 공시 • Apr 09
Uniper SE, Annual General Meeting, May 20, 2026 Uniper SE, Annual General Meeting, May 20, 2026, at 10:00 W. Europe Standard Time. New Risk • Mar 15
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% 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 Earnings are forecast to decline by an average of 24% per year for the foreseeable future. High level of non-cash earnings (49% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: €3.35 (vs €0.71 in FY 2024) Full year 2025 results: EPS: €3.35 (up from €0.71 in FY 2024). Revenue: €72.8b (up 4.4% from FY 2024). Net income: €1.40b (up 370% from FY 2024). Profit margin: 1.9% (up from 0.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 7.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 4.6%. New Risk • Dec 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). 공시 • Dec 02
ResInvest Group completed the acquisition of Datteln 4 coal-fired power plant from Uniper SE (XTRA:UN0). ResInvest Group agreed to acquire Datteln 4 coal-fired power plant from Uniper SE (XTRA:UN0) on September 18, 2025. The transaction is subject to approval by regulatory board / committee.
Stefan Bruder, Matthias Annweiler, Sina Schwirz, Sascha Arnold, Liane Muschter, Christopher Jeschor, Andreas Mauroschat, Lukas Müller, Tino Duttine, Miriam Staatz, Maria Held, Alexander Duisberg and Karsten Raupach of Ashurst LLP acted as legal advisor for ResInvest Group.
ResInvest Group completed the acquisition of Datteln 4 coal-fired power plant from Uniper SE (XTRA:UN0) on December 1, 2025. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: €0.72 (vs €0.19 loss in 3Q 2024) Third quarter 2025 results: EPS: €0.72 (up from €0.19 loss in 3Q 2024). Revenue: €14.1b (down 15% from 3Q 2024). Net income: €299.0m (up €379.0m from 3Q 2024). Profit margin: 2.1% (up from net loss in 3Q 2024). Revenue is expected to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Europe are expected to grow by 3.4%. 공시 • Sep 10
Uniper SE to Report Fiscal Year 2025 Results on Mar 04, 2026 Uniper SE announced that they will report fiscal year 2025 results on Mar 04, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €36.45, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 11x in the Renewable Energy industry in Europe. Total loss to shareholders of 29% over the past year. 공시 • Mar 21
Uniper SE, Annual General Meeting, May 08, 2025 Uniper SE, Annual General Meeting, May 08, 2025, at 10:00 W. Europe Standard Time. New Risk • Mar 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: €0.71 (vs €15.15 in FY 2023) Full year 2024 results: EPS: €0.71 (down from €15.15 in FY 2023). Revenue: €98.0b (down 9.3% from FY 2023). Net income: €297.0m (down 95% from FY 2023). Profit margin: 0.3% (down from 5.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Renewable Energy industry in Europe. 공시 • Jan 21
Energetický Reportedly Eyes on Germany's Uniper Energetický a prumyslový holding, a.s. (EPH), controlled by billionaire Daniel Kretinsky, has expressed interest in purchasing German power supplier Uniper SE (ETR:UN01), Reuters reported on Monday. The German company has also attracted as potential buyers US fund fund Brookfield, Norway's Equinor and Abu Dhabi's TAQA, the news agency said, citing unnamed sources. The German government, which holds 99.12% of Uniper, is assessing all options to lower its stake, a spokesperson from the finance ministry told Reuters. Uniper was bailed out by the German state in 2022. The energy firm, which was active mainly in gas distribution at that time, went into dire straits because of the discontinued deliveries of Russian gas to Europe in the context of the Russian-Ukrainian military conflict. Uniper's nationalisation was part of a package of measures, worth up to EUR 34.5 billion (USD 35.6 billion), aimed at recapitalising the company. The European Commission approved the package on condition that Germany should reduce its shareholding to 25% or less by the end of 2028. Reported Earnings • Nov 05
Third quarter 2024 earnings released: €0.19 loss per share (vs €0.78 profit in 3Q 2023) Third quarter 2024 results: €0.19 loss per share (down from €0.78 profit in 3Q 2023). Revenue: €22.2b (up 6.4% from 3Q 2023). Net loss: €80.0m (down 124% from profit in 3Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Renewable Energy industry in Europe. New Risk • Sep 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.2% 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. This is currently the only risk that has been identified for the company. 공시 • Aug 10
Uniper SE to Report Fiscal Year 2024 Results on Feb 26, 2025 Uniper SE announced that they will report fiscal year 2024 results on Feb 26, 2025 Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: €1.00 (vs €6.46 in 2Q 2023) Second quarter 2024 results: EPS: €1.00 (down from €6.46 in 2Q 2023). Revenue: €21.4b (up 5.5% from 2Q 2023). Net income: €418.0m (down 85% from 2Q 2023). Profit margin: 2.0% (down from 13% in 2Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Europe. Reported Earnings • May 07
First quarter 2024 earnings released First quarter 2024 results: EPS: €1.11. Revenue: €30.2b (down 12% from 1Q 2023). Net income: €462.0m (down 93% from 1Q 2023). Profit margin: 1.5% (down from 20% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Europe. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: €15.15 (vs €493 loss in FY 2022) Full year 2023 results: EPS: €15.15 (up from €493 loss in FY 2022). Revenue: €194.6b (down 29% from FY 2022). Net income: €6.31b (up €20.5b from FY 2022). Profit margin: 3.2% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Europe. 공시 • Jan 24
Uniper SE ADR - Unsponsored to be Deleted from OTC Equity Uniper SE American Depositary Receipts - Unsponsored (Germany) will be deleted from OTC Equity effective January 23, 2024, due to ADR /GDR Program Terminated. 공시 • Jan 09
Uniper SE ADR - Unsponsored to Be Deleted from OTC Equity Uniper SE American Depositary Receipts - Unsponsored (Germany) will be deleted from OTC Equity effective January 09, 2024, due to ADR /GDR Program Terminated. 공시 • Nov 13
Uniper SE to Report Q1, 2024 Results on May 07, 2024 Uniper SE announced that they will report Q1, 2024 results on May 07, 2024