Buy Or Sell Opportunity • May 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to €6.98. The fair value is estimated to be €8.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to decline by 2.8% per annum. Earnings are forecast to grow by 8.6% per annum over the same time period. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • Apr 16
Akwel SA, Annual General Meeting, May 21, 2026 Akwel SA, Annual General Meeting, May 21, 2026. Location: 975 route des burgondes, champfromier France Aankondiging • Apr 01
Akwel SA to Report First Half, 2026 Results on Sep 17, 2026 Akwel SA announced that they will report first half, 2026 results on Sep 17, 2026 New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • Feb 06
Akwel SA to Report Fiscal Year 2025 Results on Apr 02, 2026 Akwel SA announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Apr 02, 2026 Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to €7.76, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 3.3% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.19 per share. Aankondiging • Nov 08
Akwel SA Provides Consolidated Revenue Guidance for 2026 Akwel SA provided consolidated revenue guidance for 2026. Having concluded its budgetary process, the Group now anticipates a double-digit decline in its consolidated revenue for 2026. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €9.74, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Auto Components industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €16.10 per share. New Risk • Sep 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 3.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin). Aankondiging • May 13
Akwel SA, Annual General Meeting, Jun 25, 2025 Akwel SA, Annual General Meeting, Jun 25, 2025. Location: 975 route des burgondes, champfromier France Aankondiging • Apr 17
Akwel SA, Annual General Meeting, May 22, 2025 Akwel SA, Annual General Meeting, May 22, 2025. Location: 975 route des burgondes, champfromier France Reported Earnings • Apr 06
Full year 2024 earnings released: EPS: €0.91 (vs €1.34 in FY 2023) Full year 2024 results: EPS: €0.91 (down from €1.34 in FY 2023). Revenue: €989.0m (down 7.3% from FY 2023). Net income: €24.2m (down 32% from FY 2023). Profit margin: 2.4% (down from 3.3% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Germany are expected to grow by 3.4%. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Aankondiging • Apr 02
Akwel SA to Report First Half, 2025 Results on Sep 18, 2025 Akwel SA announced that they will report first half, 2025 results on Sep 18, 2025 Aankondiging • Feb 06
Akwel SA to Report Fiscal Year 2024 Results on Apr 03, 2025 Akwel SA announced that they will report fiscal year 2024 results at 5:40 PM, Central European Standard Time on Apr 03, 2025 New Risk • Nov 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Aankondiging • Nov 08
Akwel SA Provides Consolidated Revenue Guidance for the Year 2024 Akwel SA provided consolidated revenue guidance for the year 2024. Performance in the third quarter and current developments in the global automotive market are consistent with an expected decline in revenue for 2024, with the decline in SCR series activity before the planned production shutdown in 2025 (excluding SCR spare parts activity) adding to a difficult market situation. Reported Earnings • Sep 26
First half 2024 earnings released: EPS: €0.76 (vs €0.72 in 1H 2023) First half 2024 results: EPS: €0.76 (up from €0.72 in 1H 2023). Revenue: €528.8m (flat on 1H 2023). Net income: €20.2m (up 5.4% from 1H 2023). Profit margin: 3.8% (up from 3.6% in 1H 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Aankondiging • Jul 26
Akwel SA Provides Turnover Guidance for the Year 2024 Akwel SA provided turnover guidance for the year 2024. For the year, the company expects its turnover to remain stable for the current financial year. Aankondiging • Apr 05
Akwel SA Proposes Dividend for 2023 Akwel SA announced that the distribution of a dividend of €0.30 per share for 2023 will be proposed at the Annual General Meeting of Shareholders to be held on May 23, 2024. Aankondiging • Nov 23
Akwel SA (ENXTPA:AKW) commences an Equity Buyback Plan, under the authorization approved on May 25, 2023. Akwel SA (ENXTPA:AKW) commences a share repurchases on November 13, 2023, under the program mandated by the shareholders in the Combined General Meeting held on May 25, 2023. As per the mandate, the company is authorized to repurchase its own shares in such a way that the total shares held will not exceed 10% of the total number of shares making up the share capital of the company. The unit purchase price must not exceed 50 euros. The purpose of the program is to ensure the operation of the company's securities market by an investment service provider, operating independently within the framework of a liquidity contract, to proceed with the possible cancellation of all or part of the shares thus repurchased and to implement any market practice that may be permitted by the regulations, and more generally to carry out any operation in compliance with the regulations in force. The authorization is granted for a period of 18 months from the day of this meeting, i.e. until November 25, 2024.
On July 27, 2023, the company announced a share repurchase program. Under the program, the company has signed a share buyback agreement with the investment service provider Gilbert Dupont to repurchase a maximum of €133.4 million, corresponding to a maximum purchase price of €50 per share and a maximum number of shares of 2,668,060. The purpose of the program is to cancel the shares thus redeemed, under the conditions provided for by law. Aankondiging • Jul 29
Akwel SA Provides Earnings Guidance for the Financial Year 2023 Akwel SA provided earnings guidance for the financial year 2023. For the year, the company expected around 10% revenue growth. Aankondiging • Feb 10
Akwel SA Provides Financial Guidance for the Year 2022 and 2023 Akwel SA provided financial guidance for the year 2022 and 2023. As expected, the Group’s profitability was impacted by supply constraints and the difficulties in passing on the inflationary impacts recorded across all operating costs, with current operating income expected to fall by around 40% for 2022. For the 2023 financial year, in an environment in which visibility over the global automotive market remains very limited due to economic and geopolitical tensions, the company anticipates a slight increase in turnover. Aankondiging • Sep 23
AKWEL Provides Earnings Guidance for the Full Year 2022 AKWEL provided earnings guidance for the full year 2022. The company confirms its forecast of moderate turnover growth for the 2022 financial year, with the third quarter expected to bring good performance. Against the backdrop of inflation and the continued impact of supply difficulties on manufacturers’ activities, the Group nonetheless remains cautious about forecasts for the sector, despite the fact that the first effects of sales price increases should be seen in the second half of the year. Reported Earnings • Apr 11
Full year 2021 earnings released Full year 2021 results: Revenue: €922.5m (down 1.6% from FY 2020). Net income: €51.2m (down 40% from FY 2020). Profit margin: 5.6% (down from 9.1% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 9.2% growth forecast for the industry in Germany. Aankondiging • Sep 24
AKWEL Provides Earnings Guidance for the Year 2021 AKWEL provided earnings guidance for the year 2021. The company announced operating profitability is expected to decline in 2021. Upcoming Dividend • Jun 01
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 08 June 2021. Payment date: 10 June 2021. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €27.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Auto Components industry in Europe. Total returns to shareholders of 130% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €35.66 per share. Reported Earnings • Apr 11
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €937.2m (down 15% from FY 2019). Net income: €85.5m (up 36% from FY 2019). Profit margin: 9.1% (up from 5.7% in FY 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Feb 16
New 90-day high: €27.25 The company is up 37% from its price of €19.84 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.01 per share. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improved over the past week After last week's 21% share price gain to €27.25, the stock is trading at a trailing P/E ratio of 15.5x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 29x in the Auto Components industry in Europe. Is New 90 Day High Low • Jan 04
New 90-day high: €23.00 The company is up 41% from its price of €16.26 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.39 per share. Is New 90 Day High Low • Dec 15
New 90-day high: €21.80 The company is up 61% from its price of €13.52 on 15 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.83 per share. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 16% share price gain to €19.88, the stock is trading at a trailing P/E ratio of 11.3x, up from the previous P/E ratio of 9.7x. This compares to an average P/E of 23x in the Auto Components industry in Europe. Is New 90 Day High Low • Nov 10
New 90-day high: €17.20 The company is up 22% from its price of €14.14 on 11 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.38 per share. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of €47.4m, down 6.8% from the prior year. Total revenue was €921.7m over the last 12 months, down 14% from the prior year. Is New 90 Day High Low • Sep 29
New 90-day high: €16.70 The company is up 19% from its price of €14.06 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.82 per share. Aankondiging • Sep 22
AKWEL to Report First Half, 2020 Results on Sep 24, 2020 AKWEL announced that they will report first half, 2020 results on Sep 24, 2020 
