Aankondiging • Apr 02
Daldrup & Söhne Aktiengesellschaft to Report Fiscal Year 2025 Results on May 29, 2026 Daldrup & Söhne Aktiengesellschaft announced that they will report fiscal year 2025 results at 12:00 PM, Central European Standard Time on May 29, 2026 Price Target Changed • Mar 31
Price target increased by 17% to €21.07 Up from €18.07, the current price target is an average from 3 analysts. New target price is 17% below last closing price of €25.40. Stock is up 170% over the past year. The company is forecast to post earnings per share of €0.94 for next year compared to €0.42 last year. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €22.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 142% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.61 per share. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €29.70, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.73 per share. Buy Or Sell Opportunity • Jan 28
Now 20% undervalued Over the last 90 days, the stock has risen 35% to €22.60. The fair value is estimated to be €28.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €21.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.98 per share. Buy Or Sell Opportunity • Jan 02
Now 21% undervalued Over the last 90 days, the stock has risen 27% to €19.00. The fair value is estimated to be €23.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €18.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.43 per share. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to €16.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 127% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.85 per share. Upcoming Dividend • Aug 22
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 29 August 2025. Payment date: 02 September 2025. The company last paid an ordinary dividend in September 2014. The average dividend yield among industry peers is 6.0%. Price Target Changed • Jul 29
Price target increased by 9.0% to €17.43 Up from €16.00, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €14.15. Stock is up 82% over the past year. The company is forecast to post earnings per share of €0.71 for next year compared to €0.42 last year. New Risk • Jul 25
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 German stocks, typically moving 7.6% 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: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€84.4m market cap, or US$99.1m). Aankondiging • Jul 21
Daldrup & Söhne Aktiengesellschaft, Annual General Meeting, Aug 28, 2025 Daldrup & Söhne Aktiengesellschaft, Annual General Meeting, Aug 28, 2025, at 10:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €13.90, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.37 per share. Price Target Changed • Jun 23
Price target increased by 13% to €16.00 Up from €14.13, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €13.50. Stock is up 63% over the past year. The company is forecast to post earnings per share of €0.71 for next year compared to €0.42 last year. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €13.00, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 142% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.02 per share. Major Estimate Revision • Jun 08
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €51.3m to €49.2m. EPS estimate also fell from €0.755 per share to €0.662 per share. Net income forecast to grow 60% next year vs 33% growth forecast for Energy Services industry in Germany. Consensus price target up from €14.13 to €14.70. Share price rose 10.0% to €12.10 over the past week. Aankondiging • Jun 04
Daldrup & Söhne Aktiengesellschaft to Report First Half, 2025 Results on Sep 30, 2025 Daldrup & Söhne Aktiengesellschaft announced that they will report first half, 2025 results on Sep 30, 2025 Reported Earnings • May 30
Full year 2024 earnings: Revenues exceed analyst expectations Full year 2024 results: Revenue: €54.8m (up 9.6% from FY 2023). Net income: €2.49m (up 180% from FY 2023). Profit margin: 4.5% (up from 1.8% in FY 2023). Revenue exceeded analyst estimates by 8.5%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Energy Services industry in Europe. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €8.80, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.17 per share. Aankondiging • Mar 26
Daldrup & Söhne Aktiengesellschaft to Report Fiscal Year 2024 Results on May 30, 2025 Daldrup & Söhne Aktiengesellschaft announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on May 30, 2025 Buy Or Sell Opportunity • Mar 25
Now 20% undervalued Over the last 90 days, the stock has risen 12% to €9.94. The fair value is estimated to be €12.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €9.58, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.16 per share. Buy Or Sell Opportunity • Feb 20
Now 20% undervalued Over the last 90 days, the stock has risen 11% to €8.58. The fair value is estimated to be €10.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period. Buy Or Sell Opportunity • Jan 22
Now 20% undervalued Over the last 90 days, the stock has risen 16% to €8.98. The fair value is estimated to be €11.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period. Buy Or Sell Opportunity • Dec 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.7% to €8.04. The fair value is estimated to be €10.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €9.12, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.88 per share. Buy Or Sell Opportunity • Nov 21
Now 22% undervalued Over the last 90 days, the stock has risen 6.6% to €7.70. The fair value is estimated to be €9.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Buy Or Sell Opportunity • Oct 22
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to €7.50. The fair value is estimated to be €9.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Major Estimate Revision • Oct 07
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.445 to €0.513. Revenue forecast steady at €47.2m. Net income forecast to grow 41% next year vs 34% growth forecast for Energy Services industry in Germany. Consensus price target of €12.60 unchanged from last update. Share price fell 5.5% to €8.28 over the past week. Reported Earnings • Oct 02
First half 2024 earnings released: EPS: €0.34 (vs €0.12 in 1H 2023) First half 2024 results: EPS: €0.34 (up from €0.12 in 1H 2023). Revenue: €25.6m (up 66% from 1H 2023). Net income: €2.01m (up 178% from 1H 2023). Profit margin: 7.8% (up from 4.7% in 1H 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €8.36, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.72 per share. Major Estimate Revision • Aug 29
Consensus EPS estimates increase by 19% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.338 to €0.401. Revenue forecast steady at €46.1m. Net income forecast to grow 168% next year vs 38% growth forecast for Energy Services industry in Germany. Consensus price target up from €10.75 to €12.25. Share price rose 7.9% to €7.62 over the past week. Price Target Changed • Aug 28
Price target increased by 7.5% to €12.25 Up from €11.40, the current price target is an average from 2 analysts. New target price is 61% above last closing price of €7.62. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.15 last year. Buy Or Sell Opportunity • Aug 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to €7.62. The fair value is estimated to be €9.62, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Aankondiging • Aug 27
Daldrup & Söhne Aktiengesellschaft to Report First Half, 2024 Results on Sep 30, 2024 Daldrup & Söhne Aktiengesellschaft announced that they will report first half, 2024 results on Sep 30, 2024 Buy Or Sell Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to €7.36. The fair value is estimated to be €9.24, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Aankondiging • Jul 22
Daldrup & Söhne Aktiengesellschaft, Annual General Meeting, Aug 29, 2024 Daldrup & Söhne Aktiengesellschaft, Annual General Meeting, Aug 29, 2024, at 10:00 W. Europe Standard Time. Major Estimate Revision • Jun 09
Consensus EPS estimates fall by 27%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €42.1m to €44.6m. EPS estimate fell from €0.467 to €0.34 per share. Net income forecast to grow 125% next year vs 46% growth forecast for Energy Services industry in Germany. Consensus price target down from €11.40 to €10.50. Share price rose 17% to €9.52 over the past week. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €9.52, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.31 per share. Reported Earnings • Jun 04
Full year 2023 earnings released Full year 2023 results: Revenue: €51.8m (up 35% from FY 2022). Net income: €889.8k (up 4.5% from FY 2022). Profit margin: 1.7% (down from 2.2% in FY 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (€47.3m market cap, or US$50.3m). Price Target Changed • Feb 02
Price target decreased by 12% to €11.40 Down from €12.90, the current price target is provided by 1 analyst. New target price is 16% above last closing price of €9.82. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.14 last year. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €8.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 157% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.65 per share. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €8.98, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 352% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.63 per share. Major Estimate Revision • Jul 04
Consensus EPS estimates increase by 22% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.16 to €0.195. Revenue forecast steady at €38.8m. Net income forecast to grow 17% next year vs 29% growth forecast for Energy Services industry in Germany. Consensus price target up from €10.75 to €12.90. Share price rose 10% to €12.45 over the past week. Price Target Changed • Jul 03
Price target increased by 25% to €12.90 Up from €10.35, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €12.70. Stock is up 76% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.14 last year. Major Estimate Revision • Jun 13
Consensus EPS estimates fall by 39%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €36.2m to €38.5m. EPS estimate fell from €0.264 to €0.16 per share. Net income forecast to grow 17% next year vs 24% growth forecast for Energy Services industry in Germany. Consensus price target up from €10.35 to €10.75. Share price rose 17% to €11.45 over the past week. Reported Earnings • Jun 06
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: €39.4m (down 50% from FY 2021). Net income: €851.7k (up 8.5% from FY 2021). Profit margin: 2.2% (up from 1.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 20%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in Europe. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €9.86, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 287% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.20 per share. Price Target Changed • Nov 16
Price target increased to €8.00 Up from €7.35, the current price target is an average from 2 analysts. New target price is 7.0% above last closing price of €7.48. Stock is up 59% over the past year. The company is forecast to post earnings per share of €0.18 for next year compared to €0.13 last year. Major Estimate Revision • Oct 10
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €34.8m to €33.7m. EPS estimate also fell from €0.24 per share to €0.18 per share. Net income forecast to grow 77% next year vs 12% growth forecast for Energy Services industry in Germany. Consensus price target of €8.00 unchanged from last update. Share price rose 6.8% to €7.22 over the past week. Reported Earnings • Oct 03
First half 2022 earnings released: EPS: €0 (vs €0.071 in 1H 2021) First half 2022 results: EPS: €0 (down from €0.071 in 1H 2021). Revenue: €6.42m (down 19% from 1H 2021). Net income: €414.8k (down 2.8% from 1H 2021). Profit margin: 6.5% (up from 5.4% in 1H 2021). Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 4.3%. Major Estimate Revision • Sep 02
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.21 to €0.24. Revenue forecast unchanged at €34.8m. Net income forecast to grow 85% next year vs 10% growth forecast for Energy Services industry in Germany. Consensus price target up from €7.35 to €8.00. Share price rose 2.2% to €7.40 over the past week. Buying Opportunity • Aug 31
Now 21% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be €8.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 6.8% per annum. Earnings is forecast to grow by 21% per annum over the same time period. Aankondiging • Aug 26
Daldrup & Söhne Aktiengesellschaft Elects Michaela Daldrup-Arnold as A New Member of the Supervisory Board Daldrup & Söhne Aktiengesellschaft at its Annual General Meeting, elected Dr. Michaela Daldrup-Arnold as a new member of the Supervisory Board. Wolfgang Quecke, a member of the Supervisory Board since the IPO, was not available for another term of office. The election of the Supervisory Board members took place for the period until the end of the Annual General Meeting, which decides on the discharge for the 2026 financial year. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 24% share price gain to €6.96, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.24 per share. Reported Earnings • Jun 03
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €78.5m (up 200% from FY 2020). Net income: €784.8k (up €6.01m from FY 2020). Profit margin: 1.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 25%. Over the next year, revenue is expected to shrink by 56% compared to a 20% growth forecast for the industry in Germany. Price Target Changed • Apr 27
Price target increased to €5.60 Up from €5.15, the current price target is an average from 2 analysts. New target price is 12% below last closing price of €6.36. Stock is up 31% over the past year. The company is forecast to post earnings per share of €0.16 next year compared to a net loss per share of €0.87 last year. Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2022 The 2 analysts covering Daldrup & Söhne previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €1.10m in 2022. Average annual earnings growth of 32% is required to achieve expected profit on schedule. Price Target Changed • Jan 26
Price target increased to €5.60 Up from €5.15, the current price target is an average from 2 analysts. New target price is 18% above last closing price of €4.76. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of €0.16 next year compared to a net loss per share of €0.87 last year. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The 2 analysts covering Daldrup & Söhne previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €1.10m in 2022. Average annual earnings growth of 32% is required to achieve expected profit on schedule. Reported Earnings • Jun 05
Full year 2020 earnings released The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: €30.5m (up 23% from FY 2019). Net loss: €5.22m (loss narrowed 57% from FY 2019). Aankondiging • Jun 01
Daldrup & Söhne Aktiengesellschaft Provides Earnings Guidance for the Year 2021 Daldrup & Söhne Aktiengesellschaft provided earnings guidance for the year 2021. Total output of EUR 43 million. Aankondiging • Mar 16
Daldrup & Söhne AG Receives Order for Investigations Within A Research Project Daldrup & Söhne AG has been commissioned by the Ruhr University Bochum within the scope of a research project to complete the 5,700 m long well of Enex Power Germany GmbH in Geretsried, Bavaria, and to conduct investigations on possibilities of further development therein. The project value is in the upper single-digit million Euro range. The project aims to demonstrate the improvement of the hydraulic connection to a fractured thermal water reservoir and its technical feasibility. Existing fractured rock systems already developed by Enex Power Germany GmbH are to be used like a "natural heat exchanger". Work will start as early as the 2nd quarter of 2021. Price Target Changed • Feb 25
Price target raised to €5.15 Up from €4.70, the current price target is an average from 2 analysts. The new target price is 27% above the current share price of €4.05. As of last close, the stock is up 56% over the past year. Is New 90 Day High Low • Jan 27
New 90-day high: €4.35 The company is up 83% from its price of €2.38 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.17 per share. Is New 90 Day High Low • Jan 06
New 90-day high: €3.50 The company is up 31% from its price of €2.67 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.13 per share.