View Financial HealthECB 배당 및 자사주 매입배당 기준 점검 3/6ECB 수익으로 충분히 충당되는 현재 수익률 3.47% 보유한 배당금 지급 회사입니다. 다음 지급일은 25th November, 2026 이며 배당락일은 다음과 같습니다. 25th August, 2026.핵심 정보3.5%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일25 Nov 26배당락일25 Aug 26주당 배당금n/a배당 성향69%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 27Dividend increased to zł0.80Dividend of zł0.80 is 3.9% higher than last year. Ex-date: 25th August 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (26% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 26ECB S.A. announces Annual dividend, payable on November 25, 2026ECB S.A. announced Annual dividend of PLN 0.8000 per share payable on November 25, 2026, ex-date on August 25, 2026 and record date on August 26, 2026.Upcoming Dividend • Aug 18Upcoming dividend of zł0.77 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.1%). Lower than average of industry peers (4.4%).공시 • May 01EC Bedzin S.A. announces Annual dividend, payable on November 25, 2025EC Bedzin S.A. announced Annual dividend of PLN 0.7700 per share payable on November 25, 2025, ex-date on August 25, 2025 and record date on August 26, 2025.모든 업데이트 보기Recent updatesDeclared Dividend • May 27Dividend increased to zł0.80Dividend of zł0.80 is 3.9% higher than last year. Ex-date: 25th August 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (26% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 26ECB S.A. announces Annual dividend, payable on November 25, 2026ECB S.A. announced Annual dividend of PLN 0.8000 per share payable on November 25, 2026, ex-date on August 25, 2026 and record date on August 26, 2026.공시 • May 25ECB S.A., Annual General Meeting, Jun 17, 2026ECB S.A., Annual General Meeting, Jun 17, 2026, at 12:00 Central European Standard Time.분석 기사 • May 06Some Investors May Be Willing To Look Past ECB's (WSE:ECB) Soft EarningsShareholders appeared unconcerned with ECB S.A.'s ( WSE:ECB ) lackluster earnings report last week. We think that the...New Risk • Apr 07New 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 Polish stocks, typically moving 7.7% 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 Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł61.2m market cap, or US$16.5m).Buy Or Sell Opportunity • Apr 07Now 44% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to zł26.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Mar 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to zł21.80. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Mar 02Now 27% overvaluedOver the last 90 days, the stock has fallen 5.9% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 4.8% 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 (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł56.5m market cap, or US$16.0m).Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to zł23.00, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 15x in the Electric Utilities industry in Poland. Total returns to shareholders of 350% over the past three years.Buy Or Sell Opportunity • Feb 11Now 27% overvaluedOver the last 90 days, the stock has fallen 14% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Jan 05Now 22% overvaluedOver the last 90 days, the stock has fallen 23% to zł21.50. The fair value is estimated to be zł17.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.분석 기사 • Dec 23A Look At The Intrinsic Value Of ECB S.A. (WSE:ECB)Key Insights ECB's estimated fair value is zł17.63 based on Dividend Discount Model ECB's zł19.80 share price indicates...Reported Earnings • Dec 03Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: zł13.3m (down 37% from 3Q 2024). Net income: zł222.0k (down 99% from 3Q 2024). Profit margin: 1.7% (down from 70% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 28Second quarter 2025 earnings released: EPS: zł0.13 (vs zł2.89 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.13 (up from zł2.89 loss in 2Q 2024). Revenue: zł24.0m (up 83% from 2Q 2024). Net income: zł423.0k (up zł9.06m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.공시 • Aug 25ECB S.A. to Report First Half, 2025 Results on Sep 26, 2025ECB S.A. announced that they will report first half, 2025 results on Sep 26, 2025Upcoming Dividend • Aug 18Upcoming dividend of zł0.77 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.1%). Lower than average of industry peers (4.4%).Reported Earnings • May 31First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł25.2m (down 49% from 1Q 2024). Net income: zł1.32m (down 100% from 1Q 2024). Profit margin: 5.2% (down from 1,289% in 1Q 2024). 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 87% per year, which means it is significantly lagging earnings growth.공시 • May 16EC Bedzin S.A., Annual General Meeting, Jun 11, 2025EC Bedzin S.A., Annual General Meeting, Jun 11, 2025.공시 • May 01EC Bedzin S.A. announces Annual dividend, payable on November 25, 2025EC Bedzin S.A. announced Annual dividend of PLN 0.7700 per share payable on November 25, 2025, ex-date on August 25, 2025 and record date on August 26, 2025.New Risk • Apr 24New 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 Polish stocks, typically moving 14% 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 Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł114.6m market cap, or US$30.5m).Reported Earnings • Nov 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: zł21.2m (up 259% from 3Q 2023). Net income: zł14.9m (up zł30.7m from 3Q 2023). Profit margin: 70% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł13.1m (down 79% from 2Q 2023). Net loss: zł8.64m (down 136% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Sep 02New 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 Polish stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł96.9m market cap, or US$25.1m).공시 • May 31EC Bedzin S.A., Annual General Meeting, Jun 26, 2024EC Bedzin S.A., Annual General Meeting, Jun 26, 2024.Reported Earnings • May 03Full year 2023 earnings releasedFull year 2023 results: Revenue: zł397.9m (up 23% from FY 2022). Net loss: zł198.9m (loss narrowed 3.3% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.공시 • Apr 22EC Bedzin S.A. to Report Fiscal Year 2024 Results on Apr 26, 2024EC Bedzin S.A. announced that they will report fiscal year 2024 results on Apr 26, 2024분석 기사 • Apr 18EC Bedzin S.A. (WSE:BDZ) Doing What It Can To Lift SharesIt's not a stretch to say that EC Bedzin S.A.'s ( WSE:BDZ ) price-to-sales (or "P/S") ratio of 0.3x right now seems...공시 • Jan 12+ 2 more updatesEC Bedzin S.A. to Report Fiscal Year 2023 Results on Nov 29, 2024EC Bedzin S.A. announced that they will report fiscal year 2023 results on Nov 29, 2024Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł6.98m (down 90% from 3Q 2022). Net loss: zł15.8m (down 133% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings.공시 • Nov 22Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ).Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ) on November 20, 2023. EC Bedzin S.A. (WSE:BDZ) will retain minority stake in Elektrocieplownia BEDZIN Sp. z o.o. The transaction is expected to close by the year end of 2023.Reported Earnings • Oct 02Second quarter 2023 earnings released: EPS: zł7.56 (vs zł18.11 loss in 2Q 2022)Second quarter 2023 results: EPS: zł7.56 (up from zł18.11 loss in 2Q 2022). Revenue: zł86.5m (up 74% from 2Q 2022). Net income: zł23.8m (up zł80.8m from 2Q 2022). Profit margin: 28% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings.공시 • Jun 04Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023, at 10:30 Central European Standard Time.공시 • Jan 12+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Fiscal Year 2022 Results on Apr 26, 2023Elektrocieplownia Bedzin S.A. announced that they will report fiscal year 2022 results on Apr 26, 2023Reported Earnings • Nov 26Third quarter 2022 earnings released: EPS: zł15.39 (vs zł9.54 loss in 3Q 2021)Third quarter 2022 results: EPS: zł15.39 (up from zł9.54 loss in 3Q 2021). Revenue: zł85.8m (up 96% from 3Q 2021). Net income: zł48.5m (up zł77.0m from 3Q 2021). Profit margin: 56% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Reported Earnings • Sep 26Second quarter 2022 earnings released: zł18.11 loss per share (vs zł10.27 loss in 2Q 2021)Second quarter 2022 results: zł18.11 loss per share (further deteriorated from zł10.27 loss in 2Q 2021). Revenue: zł50.0m (up 30% from 2Q 2021). Net loss: zł57.0m (loss widened 86% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.공시 • Dec 15An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski.An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021. An unknown buyer completed the acquisition of 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021.Reported Earnings • Dec 01Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: zł43.9m (up 11% from 3Q 2020). Net loss: zł28.5m (loss widened 31% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공시 • Jul 15Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ).Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021. Wieslaw Glanowski completed the acquisition of 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021.Reported Earnings • Jun 05First quarter 2021 earnings released: zł4.69 loss per share (vs zł0.70 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł63.4m (up 27% from 1Q 2020). Net loss: zł14.0m (loss widened zł11.9m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Reported Earnings • May 05Full year 2020 earnings releasedThe company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: zł168.4m (down 25% from FY 2019). Net loss: zł69.6m (loss narrowed 34% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 25New 90-day low: zł9.20The company is down 1.0% from its price of zł9.30 on 27 November 2020. The Polish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period.공시 • Jan 14+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Q1, 2021 Results on May 28, 2021Elektrocieplownia Bedzin S.A. announced that they will report Q1, 2021 results on May 28, 2021Reported Earnings • Dec 01Third quarter 2020 earnings released: zł7.29 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: zł43.8m (down 24% from 3Q 2019). Net loss: zł21.8m (loss widened 100% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 127% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.예정된 배당 지급오늘Jun 16 2026배당락일Aug 25 2026배당 지급일Nov 25 202692 days (배당락일 기준)다음 배당금을 받으려면 앞으로 69 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 이제 막 배당금 지급을 시작했기 때문에 ECB 의 배당금 지급이 안정적인지 여부를 판단하기에는 너무 이릅니다.배당금 증가: 이제 막 배당금 지급을 시작했기 때문에 ECB 의 배당금 지급액이 늘어나고 있는지 판단하기에는 너무 이릅니다.배당 수익률 vs 시장ECB 배당 수익률 vs 시장ECB의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ECB)3.5%시장 하위 25% (PL)2.9%시장 상위 25% (PL)7.2%업계 평균 (Electric Utilities)3.7%분석가 예측 (ECB) (최대 3년)n/a주목할만한 배당금: ECB 의 배당금( 3.47% )은 Polish 시장에서 배당금 지급자의 하위 25%( 2.86% )보다 높습니다.고배당: ECB 의 배당금( 3.47% )은 Polish 시장에서 배당금 지급자의 상위 25%( 7.24% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 69% )을 통해 ECB 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 26% )로 ECB 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPL 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/16 19:32종가2026/06/16 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 소스ECB S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Declared Dividend • May 27Dividend increased to zł0.80Dividend of zł0.80 is 3.9% higher than last year. Ex-date: 25th August 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (26% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 26ECB S.A. announces Annual dividend, payable on November 25, 2026ECB S.A. announced Annual dividend of PLN 0.8000 per share payable on November 25, 2026, ex-date on August 25, 2026 and record date on August 26, 2026.
Upcoming Dividend • Aug 18Upcoming dividend of zł0.77 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.1%). Lower than average of industry peers (4.4%).
공시 • May 01EC Bedzin S.A. announces Annual dividend, payable on November 25, 2025EC Bedzin S.A. announced Annual dividend of PLN 0.7700 per share payable on November 25, 2025, ex-date on August 25, 2025 and record date on August 26, 2025.
Declared Dividend • May 27Dividend increased to zł0.80Dividend of zł0.80 is 3.9% higher than last year. Ex-date: 25th August 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (26% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 26ECB S.A. announces Annual dividend, payable on November 25, 2026ECB S.A. announced Annual dividend of PLN 0.8000 per share payable on November 25, 2026, ex-date on August 25, 2026 and record date on August 26, 2026.
공시 • May 25ECB S.A., Annual General Meeting, Jun 17, 2026ECB S.A., Annual General Meeting, Jun 17, 2026, at 12:00 Central European Standard Time.
분석 기사 • May 06Some Investors May Be Willing To Look Past ECB's (WSE:ECB) Soft EarningsShareholders appeared unconcerned with ECB S.A.'s ( WSE:ECB ) lackluster earnings report last week. We think that the...
New Risk • Apr 07New 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 Polish stocks, typically moving 7.7% 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 Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł61.2m market cap, or US$16.5m).
Buy Or Sell Opportunity • Apr 07Now 44% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to zł26.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Mar 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to zł21.80. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Mar 02Now 27% overvaluedOver the last 90 days, the stock has fallen 5.9% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 4.8% 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 (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł56.5m market cap, or US$16.0m).
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to zł23.00, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 15x in the Electric Utilities industry in Poland. Total returns to shareholders of 350% over the past three years.
Buy Or Sell Opportunity • Feb 11Now 27% overvaluedOver the last 90 days, the stock has fallen 14% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Jan 05Now 22% overvaluedOver the last 90 days, the stock has fallen 23% to zł21.50. The fair value is estimated to be zł17.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
분석 기사 • Dec 23A Look At The Intrinsic Value Of ECB S.A. (WSE:ECB)Key Insights ECB's estimated fair value is zł17.63 based on Dividend Discount Model ECB's zł19.80 share price indicates...
Reported Earnings • Dec 03Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: zł13.3m (down 37% from 3Q 2024). Net income: zł222.0k (down 99% from 3Q 2024). Profit margin: 1.7% (down from 70% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 28Second quarter 2025 earnings released: EPS: zł0.13 (vs zł2.89 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.13 (up from zł2.89 loss in 2Q 2024). Revenue: zł24.0m (up 83% from 2Q 2024). Net income: zł423.0k (up zł9.06m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.
공시 • Aug 25ECB S.A. to Report First Half, 2025 Results on Sep 26, 2025ECB S.A. announced that they will report first half, 2025 results on Sep 26, 2025
Upcoming Dividend • Aug 18Upcoming dividend of zł0.77 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.1%). Lower than average of industry peers (4.4%).
Reported Earnings • May 31First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł25.2m (down 49% from 1Q 2024). Net income: zł1.32m (down 100% from 1Q 2024). Profit margin: 5.2% (down from 1,289% in 1Q 2024). 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 87% per year, which means it is significantly lagging earnings growth.
공시 • May 16EC Bedzin S.A., Annual General Meeting, Jun 11, 2025EC Bedzin S.A., Annual General Meeting, Jun 11, 2025.
공시 • May 01EC Bedzin S.A. announces Annual dividend, payable on November 25, 2025EC Bedzin S.A. announced Annual dividend of PLN 0.7700 per share payable on November 25, 2025, ex-date on August 25, 2025 and record date on August 26, 2025.
New Risk • Apr 24New 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 Polish stocks, typically moving 14% 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 Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł114.6m market cap, or US$30.5m).
Reported Earnings • Nov 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: zł21.2m (up 259% from 3Q 2023). Net income: zł14.9m (up zł30.7m from 3Q 2023). Profit margin: 70% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł13.1m (down 79% from 2Q 2023). Net loss: zł8.64m (down 136% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Sep 02New 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 Polish stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł96.9m market cap, or US$25.1m).
공시 • May 31EC Bedzin S.A., Annual General Meeting, Jun 26, 2024EC Bedzin S.A., Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 03Full year 2023 earnings releasedFull year 2023 results: Revenue: zł397.9m (up 23% from FY 2022). Net loss: zł198.9m (loss narrowed 3.3% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.
공시 • Apr 22EC Bedzin S.A. to Report Fiscal Year 2024 Results on Apr 26, 2024EC Bedzin S.A. announced that they will report fiscal year 2024 results on Apr 26, 2024
분석 기사 • Apr 18EC Bedzin S.A. (WSE:BDZ) Doing What It Can To Lift SharesIt's not a stretch to say that EC Bedzin S.A.'s ( WSE:BDZ ) price-to-sales (or "P/S") ratio of 0.3x right now seems...
공시 • Jan 12+ 2 more updatesEC Bedzin S.A. to Report Fiscal Year 2023 Results on Nov 29, 2024EC Bedzin S.A. announced that they will report fiscal year 2023 results on Nov 29, 2024
Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł6.98m (down 90% from 3Q 2022). Net loss: zł15.8m (down 133% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings.
공시 • Nov 22Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ).Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ) on November 20, 2023. EC Bedzin S.A. (WSE:BDZ) will retain minority stake in Elektrocieplownia BEDZIN Sp. z o.o. The transaction is expected to close by the year end of 2023.
Reported Earnings • Oct 02Second quarter 2023 earnings released: EPS: zł7.56 (vs zł18.11 loss in 2Q 2022)Second quarter 2023 results: EPS: zł7.56 (up from zł18.11 loss in 2Q 2022). Revenue: zł86.5m (up 74% from 2Q 2022). Net income: zł23.8m (up zł80.8m from 2Q 2022). Profit margin: 28% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings.
공시 • Jun 04Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023, at 10:30 Central European Standard Time.
공시 • Jan 12+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Fiscal Year 2022 Results on Apr 26, 2023Elektrocieplownia Bedzin S.A. announced that they will report fiscal year 2022 results on Apr 26, 2023
Reported Earnings • Nov 26Third quarter 2022 earnings released: EPS: zł15.39 (vs zł9.54 loss in 3Q 2021)Third quarter 2022 results: EPS: zł15.39 (up from zł9.54 loss in 3Q 2021). Revenue: zł85.8m (up 96% from 3Q 2021). Net income: zł48.5m (up zł77.0m from 3Q 2021). Profit margin: 56% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Reported Earnings • Sep 26Second quarter 2022 earnings released: zł18.11 loss per share (vs zł10.27 loss in 2Q 2021)Second quarter 2022 results: zł18.11 loss per share (further deteriorated from zł10.27 loss in 2Q 2021). Revenue: zł50.0m (up 30% from 2Q 2021). Net loss: zł57.0m (loss widened 86% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
공시 • Dec 15An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski.An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021. An unknown buyer completed the acquisition of 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021.
Reported Earnings • Dec 01Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: zł43.9m (up 11% from 3Q 2020). Net loss: zł28.5m (loss widened 31% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공시 • Jul 15Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ).Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021. Wieslaw Glanowski completed the acquisition of 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021.
Reported Earnings • Jun 05First quarter 2021 earnings released: zł4.69 loss per share (vs zł0.70 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł63.4m (up 27% from 1Q 2020). Net loss: zł14.0m (loss widened zł11.9m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 05Full year 2020 earnings releasedThe company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: zł168.4m (down 25% from FY 2019). Net loss: zł69.6m (loss narrowed 34% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 25New 90-day low: zł9.20The company is down 1.0% from its price of zł9.30 on 27 November 2020. The Polish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period.
공시 • Jan 14+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Q1, 2021 Results on May 28, 2021Elektrocieplownia Bedzin S.A. announced that they will report Q1, 2021 results on May 28, 2021
Reported Earnings • Dec 01Third quarter 2020 earnings released: zł7.29 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: zł43.8m (down 24% from 3Q 2019). Net loss: zł21.8m (loss widened 100% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 127% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.