New Risk • Mar 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €85.5m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€85.5m market cap, or US$99.0m). Reported Earnings • Feb 06
Third quarter 2026 earnings released: EPS: €0.21 (vs €0.31 in 3Q 2025) Third quarter 2026 results: EPS: €0.21 (down from €0.31 in 3Q 2025). Revenue: €35.2m (up 3.7% from 3Q 2025). Net income: €2.77m (down 32% from 3Q 2025). Profit margin: 7.9% (down from 12% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year. Price Target Changed • Jan 12
Price target increased by 7.5% to €12.90 Up from €12.00, the current price target is an average from 4 analysts. New target price is 62% above last closing price of €7.94. Stock is down 18% over the past year. The company is forecast to post earnings per share of €0.75 for next year compared to €0.86 last year. Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: €0.24 (vs €0.26 in 2Q 2025) Second quarter 2026 results: EPS: €0.24 (down from €0.26 in 2Q 2025). Revenue: €34.4m (up 14% from 2Q 2025). Net income: €3.14m (down 8.9% from 2Q 2025). Profit margin: 9.1% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Aankondiging • Oct 29
Bastei Lübbe AG to Report Q2, 2026 Results on Nov 06, 2025 Bastei Lübbe AG announced that they will report Q2, 2026 results on Nov 06, 2025 Upcoming Dividend • Sep 11
Upcoming dividend of €0.36 per share Eligible shareholders must have bought the stock before 18 September 2025. Payment date: 22 September 2025. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.0%). Price Target Changed • Aug 20
Price target increased by 11% to €13.27 Up from €12.00, the current price target is an average from 3 analysts. New target price is 34% above last closing price of €9.88. Stock is up 13% over the past year. The company is forecast to post earnings per share of €0.75 for next year compared to €0.86 last year. Aankondiging • Aug 11
Bastei Lübbe AG, Annual General Meeting, Sep 17, 2025 Bastei Lübbe AG, Annual General Meeting, Sep 17, 2025, at 10:00 W. Europe Standard Time. Reported Earnings • Jul 16
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: €0.86 (up from €0.66 in FY 2024). Revenue: €114.7m (up 4.0% from FY 2024). Net income: €11.3m (up 30% from FY 2024). Profit margin: 9.9% (up from 7.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 16
Bastei Lübbe AG announces Annual dividend, payable on September 22, 2025 Bastei Lübbe AG announced Annual dividend of EUR 0.3600 per share payable on September 22, 2025, ex-date on September 18, 2025 and record date on September 19, 2025. Price Target Changed • Jul 16
Price target increased by 11% to €12.50 Up from €11.27, the current price target is an average from 2 analysts. New target price is 21% above last closing price of €10.30. Stock is up 30% over the past year. Aankondiging • Jul 08
Bastei Lübbe AG to Report Fiscal Year 2025 Results on Jul 15, 2025 Bastei Lübbe AG announced that they will report fiscal year 2025 results on Jul 15, 2025 Major Estimate Revision • Feb 15
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €116.0m to €118.5m. EPS estimate increased from €0.77 to €0.86 per share. Net income forecast to grow 20% next year vs 20% growth forecast for Media industry in Germany. Consensus price target up from €11.27 to €12.00. Share price was steady at €9.70 over the past week. Price Target Changed • Feb 07
Price target increased by 7.5% to €11.53 Up from €10.73, the current price target is an average from 3 analysts. New target price is 20% above last closing price of €9.65. Stock is up 40% over the past year. The company is forecast to post earnings per share of €0.81 for next year compared to €0.66 last year. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: €0.31 (vs €0.43 in 3Q 2024) Third quarter 2025 results: EPS: €0.31 (down from €0.43 in 3Q 2024). Revenue: €34.0m (up 1.8% from 3Q 2024). Net income: €4.10m (down 27% from 3Q 2024). Profit margin: 12% (down from 17% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jan 31
Bastei Lübbe AG to Report Nine Months, 2025 Results on Feb 06, 2025 Bastei Lübbe AG announced that they will report nine months, 2025 results on Feb 06, 2025 Major Estimate Revision • Nov 17
Consensus EPS estimates increase by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €114.0m to €116.0m. EPS estimate increased from €0.66 to €0.77 per share. Net income forecast to shrink 4.2% next year vs 51% growth forecast for Media industry in Germany . Consensus price target up from €10.73 to €11.40. Share price was steady at €9.50 over the past week. Price Target Changed • Nov 16
Price target increased by 7.8% to €11.40 Up from €10.58, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €9.50. Stock is up 68% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.66 last year. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: €0.26 (vs €0.19 in 2Q 2024) Second quarter 2025 results: EPS: €0.26 (up from €0.19 in 2Q 2024). Revenue: €30.3m (up 7.4% from 2Q 2024). Net income: €3.45m (up 35% from 2Q 2024). Profit margin: 11% (up from 9.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Nov 05
Now 22% undervalued Over the last 90 days, the stock has risen 9.0% to €9.05. The fair value is estimated to be €11.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 3.6% in 2 years. Earnings are forecast to decline by 8.8% in the next 2 years. Aankondiging • Oct 28
Bastei Lübbe AG to Report First Half, 2025 Results on Nov 07, 2024 Bastei Lübbe AG announced that they will report first half, 2025 results on Nov 07, 2024 Buy Or Sell Opportunity • Oct 21
Now 20% undervalued Over the last 90 days, the stock has risen 9.6% to €9.15. The fair value is estimated to be €11.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 3.6% in 2 years. Earnings are forecast to decline by 8.8% in the next 2 years. Buy Or Sell Opportunity • Oct 01
Now 20% undervalued Over the last 90 days, the stock has risen 17% to €9.20. The fair value is estimated to be €11.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 3.6% in 2 years. Earnings are forecast to decline by 8.8% in the next 2 years. Upcoming Dividend • Sep 05
Upcoming dividend of €0.30 per share Eligible shareholders must have bought the stock before 12 September 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 40% and the cash payout ratio is 92%. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%). New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.9% 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 Risk Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (173% cash payout ratio). Aankondiging • Aug 02
Bastei Lübbe AG, Annual General Meeting, Sep 11, 2024 Bastei Lübbe AG, Annual General Meeting, Sep 11, 2024, at 10:00 W. Europe Standard Time. Aankondiging • Jul 30
Bastei Lübbe AG (XTRA:BST) acquired Hörcompany GmbH from W1-Media GmbH. Bastei Lübbe AG (XTRA:BST) acquired Hörcompany GmbH from W1-Media GmbH on July 1, 2024. Hörcompany founder Angelika Schaack is to remain on board until the end of the year. Hörcompany's Hamburg headquarters and staff - up to six people were employed there - will not be taken over.
Bastei Lübbe AG (XTRA:BST) completed the acquisition of Hörcompany GmbH from W1-Media GmbH on July 1, 2024. New Risk • Jul 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% 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 Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Jul 18
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: €0.66 (up from €0.30 in FY 2023). Revenue: €112.4m (up 12% from FY 2023). Net income: €8.72m (up 123% from FY 2023). Profit margin: 7.8% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Price Target Changed • Jul 17
Price target increased by 13% to €9.70 Up from €8.60, the current price target is an average from 2 analysts. New target price is 22% above last closing price of €7.95. Stock is up 51% over the past year. The company is forecast to post earnings per share of €0.67 for next year compared to €0.30 last year. Major Estimate Revision • Feb 15
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €107.5m to €110.5m. EPS estimate increased from €0.575 to €0.65 per share. Net income forecast to shrink 23% next year vs 11% growth forecast for Media industry in Germany . Consensus price target up from €7.80 to €8.60. Share price was steady at €6.95 over the past week. Price Target Changed • Feb 12
Price target increased by 12% to €8.60 Up from €7.67, the current price target is an average from 3 analysts. New target price is 26% above last closing price of €6.80. Stock is up 44% over the past year. The company is forecast to post earnings per share of €0.65 for next year compared to €0.30 last year. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: €0.43 (vs €0.19 in 3Q 2023) Third quarter 2024 results: EPS: €0.43 (up from €0.19 in 3Q 2023). Revenue: €33.5m (up 15% from 3Q 2023). Net income: €5.64m (up 128% from 3Q 2023). Profit margin: 17% (up from 8.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Jan 19
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €105.0m to €107.5m. EPS estimate increased from €0.515 to €0.575 per share. Net income forecast to shrink 2.3% next year vs 13% growth forecast for Media industry in Germany . Consensus price target broadly unchanged at €7.80. Share price was steady at €6.80 over the past week. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €6.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Media industry in Europe. Total returns to shareholders of 104% over the past three years. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: €0.19 (vs €0.002 loss in 2Q 2023) Second quarter 2024 results: EPS: €0.19 (up from €0.002 loss in 2Q 2023). Revenue: €28.4m (up 13% from 2Q 2023). Net income: €2.56m (up €2.58m from 2Q 2023). Profit margin: 9.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. New Risk • Oct 16
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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (€75.2m market cap, or US$79.4m). Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €5.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Media industry in Europe. Total returns to shareholders of 89% over the past three years. Upcoming Dividend • Sep 07
Upcoming dividend of €0.16 per share at 3.2% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 18 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%). New Risk • Aug 20
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 6.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (€63.6m market cap, or US$69.2m). Major Estimate Revision • Aug 17
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.47 to €0.53. Revenue forecast steady at €103.8m. Net income forecast to grow 38% next year vs 14% growth forecast for Media industry in Germany. Consensus price target of €7.75 unchanged from last update. Share price fell 2.9% to €5.00 over the past week. New Risk • Aug 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin). Market cap is less than US$100m (€69.3m market cap, or US$76.5m). Reported Earnings • Aug 03
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: €0.30 (down from €0.83 in FY 2022). Revenue: €100.9m (up 6.8% from FY 2022). Net income: €3.92m (down 64% from FY 2022). Profit margin: 3.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.3%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year and the company’s share price has also increased by 25% per year. Price Target Changed • Jul 12
Price target increased by 9.3% to €6.67 Up from €6.10, the current price target is an average from 3 analysts. New target price is 29% above last closing price of €5.15. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.28 for next year compared to €0.83 last year. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: €0.19 (vs €0.35 in 3Q 2022) Third quarter 2023 results: EPS: €0.19 (down from €0.35 in 3Q 2022). Revenue: €29.2m (down 12% from 3Q 2022). Net income: €2.47m (down 46% from 3Q 2022). Profit margin: 8.5% (down from 14% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Nov 17
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from €0.40 to €0.29. Revenue forecast unchanged from €91.3m at last update. Net income forecast to shrink 40% next year vs 9.1% decline forecast for Media industry in Germany. Consensus price target down from €6.75 to €6.15. Share price was steady at €5.32 over the past week. Price Target Changed • Nov 16
Price target decreased to €6.15 Down from €6.75, the current price target is an average from 2 analysts. New target price is 15% above last closing price of €5.34. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.29 for next year compared to €0.83 last year. Reported Earnings • Nov 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €25.2m (up 14% from 2Q 2022). Net loss: €25.0k (down 101% from profit in 2Q 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 15% share price gain to €5.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Media industry in Germany. Total returns to shareholders of 103% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.88 per share. Price Target Changed • Nov 08
Price target decreased to €6.75 Down from €7.50, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €5.00. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.83 last year. Upcoming Dividend • Sep 08
Upcoming dividend of €0.40 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 19 September 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%). Reported Earnings • Jul 13
Full year 2022 earnings: Revenues miss analyst expectations Full year 2022 results: Revenue: €95.9m (up 3.5% from FY 2021). Net income: €11.0m (up 51% from FY 2021). Profit margin: 11% (up from 7.8% in FY 2021). Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 4.8%, compared to a 9.0% growth forecast for the industry in Germany. Aankondiging • Jul 13
Bastei Lübbe Ag Proposes Dividend Bastei Lübbe AG proposes to approve a dividend of 40 euro-cents per share, equivalent to an increase of 60% over the previous year's operating dividend of 25 euro-cents per share. Including a bonus dividend, a total of 29 euro-cents per share had been distributed in the previous year. The proposed dividend translates into a payout ratio of 47%. Aankondiging • May 20
Bastei Lübbe AG Announces Resignation of Robert Stein as Chairman and Member of Supervisory Board Bastei Lübbe AG announced that The Chairman of the Supervisory Board of the company, Robert Stein, has informed the Executive Board on May 19, 2022 that he will prematurely resign from his office as a member of the Supervisory Board at the end of the next Annual General Meeting, which is expected to take place on September 14, 2022. This decision was prompted by professional commitments that no longer allow him to carry out the time-consuming tasks of a Supervisory Board member with the necessary attention and care in the longer term. Until the Annual General Meeting, Stein will continue to support the company with his usual professionalism. The proposal for the election of a new Supervisory Board member will be announced with the invitation to the Annual General Meeting. Major Estimate Revision • Feb 22
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.69 to €0.79. Revenue forecast steady at €95.9m. Net income forecast to shrink 23% next year vs 16% decline forecast for Media industry in Germany. Consensus price target up from €8.57 to €8.77. Share price was steady at €7.28 over the past week. Reported Earnings • Feb 13
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: €0.35 (up from €0.21 in 3Q 2021). Revenue: €33.0m (up 11% from 3Q 2021). Net income: €4.58m (up 69% from 3Q 2021). Profit margin: 14% (up from 9.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 3.7%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Feb 12
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.60 to €0.69. Revenue forecast unchanged at €96.2m. Net income forecast to shrink 6.4% next year vs 12% decline forecast for Media industry in Germany. Consensus price target broadly unchanged at €8.57. Share price rose 7.3% to €7.34 over the past week. Aankondiging • Feb 11
Bastei Lübbe AG Provides Earnings Guidance for the Year 2022 Bastei Lübbe AG provided earnings guidance for the year 2022. For the year, the company raised its full-year forecast on 4 February 2022. The Executive Board now expects group revenues to reach roughly EUR 95 million (previously: range of EUR 90 million to EUR 95 million) in the current fiscal year. Group EBIT is expected to be in a range of EUR 14.5 million to EUR 15.5 million (previously: EUR 11 million to EUR 12 million). This means that there have been substantial improvements in the Executive Board's forecast for the fiscal year compared to the presentation in the 2020/2021 annual report. Aankondiging • Feb 06
Bastei Lübbe AG Raises Earnings Guidance for the Full Year of 2021/2022 Bastei Lübbe AG raised earnings guidance for the full year of 2021/2022. For the year, the company expected EBIT in a range between EUR 14.5 million and EUR 15.5 million (previously: EUR 12 million to EUR 13 million). increase results on the one hand from the short-term repayment of a loan in the amount of EUR 1.4 million, which had already been written off and which Bastei Lübbe AG had granted to its subsidiary Daedalic Entertainment GmbH. On the other hand, the positive operating development continued both in the important Christmas season and in the course of the fourth quarter to date. With regard to consolidated sales in the 2021/2022 financial year, the Executive Board now assumes that the upper end of the forecast of EUR 90 to EUR 95 million will be achieved. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €5.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Media industry in Germany. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.08 per share. Aankondiging • Dec 22
Bastei Lübbe AG Provides Earnings Guidance for the Full Year 2021 Bastei Lübbe AG provides earnings guidance for the full year 2021. The company is now raising its EBIT forecast to EUR 12 - EUR 13 million. Price Target Changed • Nov 13
Price target increased to €8.70 Up from €8.00, the current price target is an average from 2 analysts. New target price is 27% above last closing price of €6.86. Stock is up 96% over the past year. The company is forecast to post earnings per share of €0.61 for next year compared to €0.55 last year. Upcoming Dividend • Sep 09
Upcoming dividend of €0.29 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 20 September 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.9%). Price Target Changed • Aug 13
Price target increased to €8.55 Up from €7.70, the current price target is an average from 2 analysts. New target price is 16% above last closing price of €7.36. Stock is up 144% over the past year. Reported Earnings • Aug 04
Full year 2021 earnings released: EPS €0.55 (vs €0.14 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €92.7m (up 14% from FY 2020). Net income: €7.25m (up 287% from FY 2020). Profit margin: 7.8% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 19% share price gain to €7.04, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Media industry in Germany. Total returns to shareholders of 242% over the past three years. Price Target Changed • Jul 23
Price target increased to €8.00 Up from €7.40, the current price target is an average from 2 analysts. New target price is 27% above last closing price of €6.32. Stock is up 134% over the past year. Aankondiging • Jul 23
Bastei Lübbe AG (XTRA:BST) agreed to acquire remaining 60% stake in Community Editions GmbH. Bastei Lübbe AG (XTRA:BST) agreed to acquire remaining 60% stake in Community Editions GmbH on July 21, 2021. The acquisition will take economic effect on January 1, 2021. For the year ending n March 31, 2021, Community Editions GmbH reported sales of €6 million.