Aankondiging • May 02
7C Solarparken AG, Annual General Meeting, Jun 02, 2026 7C Solarparken AG, Annual General Meeting, Jun 02, 2026, at 13:00 W. Europe Standard Time. New Risk • Apr 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 34% per year over the past 5 years. Reported Earnings • Apr 06
Full year 2025 earnings released: €0.10 loss per share (vs €0.006 profit in FY 2024) Full year 2025 results: €0.10 loss per share (down from €0.006 profit in FY 2024). Revenue: €75.3m (up 19% from FY 2024). Net loss: €7.82m (down €8.27m from profit in FY 2024). Revenue is expected to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 6.4%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Sep 18
New major risk - Revenue and earnings growth Earnings have declined by 2.6% 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 Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Aankondiging • Apr 28
7C Solarparken AG, Annual General Meeting, Jun 04, 2025 7C Solarparken AG, Annual General Meeting, Jun 04, 2025, at 13:00 W. Europe Standard Time. New Risk • Apr 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 93% 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: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Apr 04
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: €0.01 (down from €0.12 in FY 2023). Revenue: €68.5m (down 1.8% from FY 2023). Net income: €451.0k (down 96% from FY 2023). Profit margin: 0.7% (down from 14% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 75%. Revenue is expected to fall by 1.3% p.a. on average during the next 3 years compared to a 4.2% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% 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. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €2.22, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 11x in the Renewable Energy industry in Europe. Total loss to shareholders of 44% over the past three years. Major Estimate Revision • Nov 28
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €64.5m to €62.3m. EPS estimate also fell from €0.05 per share to €0.04 per share. Net income forecast to grow 145% next year vs 18% growth forecast for Renewable Energy industry in Germany. Consensus price target of €4.80 unchanged from last update. Share price fell 3.9% to €1.90 over the past week. Major Estimate Revision • Oct 01
Consensus forecasts updated The consensus outlook for fiscal year 2024 has been updated. Renewable Energy industry in Germany expected to see average net income growth of 0.04% next year. Consensus price target down from €5.50 to €4.80. Share price rose 2.3% to €2.25 over the past week. Reported Earnings • Sep 27
First half 2024 earnings released: EPS: €0.008 (vs €0.10 in 1H 2023) First half 2024 results: EPS: €0.008 (down from €0.10 in 1H 2023). Revenue: €31.6m (down 14% from 1H 2023). Net income: €614.0k (down 93% from 1H 2023). Profit margin: 1.9% (down from 22% in 1H 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Price Target Changed • Sep 25
Price target decreased by 13% to €4.80 Down from €5.50, the current price target is provided by 1 analyst. New target price is 115% above last closing price of €2.23. Stock is down 30% over the past year. The company is forecast to post earnings per share of €0.05 for next year compared to €0.12 last year. New Risk • Sep 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by earnings (171% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin). Major Estimate Revision • Jul 05
Consensus EPS estimates fall by 100% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €70.8m to €65.4m. Losses expected to increase from €0.10 per share to €0. Renewable Energy industry in Germany expected to see average net income growth of 7.4% next year. Consensus price target down from €5.50 to €5.00. Share price fell 8.5% to €2.54 over the past week. Upcoming Dividend • May 31
Upcoming dividend of €0.06 per share Eligible shareholders must have bought the stock before 07 June 2024. Payment date: 11 June 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.8%). Major Estimate Revision • Apr 04
Consensus EPS estimates fall by 24% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €76.4m to €72.2m. EPS estimate also fell from €0.192 per share to €0.145 per share. Net income forecast to grow 20% next year vs 12% growth forecast for Renewable Energy industry in Germany. Consensus price target down from €5.80 to €5.28. Share price was steady at €3.09 over the past week. Price Target Changed • Apr 03
Price target decreased by 9.1% to €5.28 Down from €5.80, the current price target is an average from 4 analysts. New target price is 74% above last closing price of €3.03. Stock is down 23% over the past year. The company is forecast to post earnings per share of €0.14 for next year compared to €0.12 last year. Reported Earnings • Mar 30
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: €0.12 (down from €0.31 in FY 2022). Revenue: €77.3m (down 9.9% from FY 2022). Net income: €10.1m (down 57% from FY 2022). Profit margin: 13% (down from 27% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 29
Dividend of €0.06 announced Shareholders will receive a dividend of €0.06. Ex-date: 7th June 2024 Payment date: 11th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 6 years and payments have been stable during that time. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 41% to increase the payout ratio to a potentially unsustainable range. New Risk • Mar 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.8% 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 3.8% per year for the foreseeable future. Minor Risks High level of debt (57% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.1% increase in shares outstanding). Reported Earnings • Sep 25
First half 2023 earnings released: EPS: €0.10 (vs €0.18 in 1H 2022) First half 2023 results: EPS: €0.10 (down from €0.18 in 1H 2022). Revenue: €36.7m (down 16% from 1H 2022). Net income: €8.20m (down 42% from 1H 2022). Profit margin: 22% (down from 32% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 06
Upcoming dividend of €0.12 per share at 3.1% yield Eligible shareholders must have bought the stock before 13 June 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%). Aankondiging • May 31
7C Solarparken AG to Report Q1, 2023 Results on May 30, 2023 7C Solarparken AG announced that they will report Q1, 2023 results on May 30, 2023 Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: €0.31 (vs €0.14 in FY 2021) Full year 2022 results: EPS: €0.31 (up from €0.14 in FY 2021). Revenue: €89.1m (up 59% from FY 2021). Net income: €23.5m (up 138% from FY 2021). Profit margin: 26% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 2.4% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Sep 29
Consensus EPS estimates increase by 15% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €69.9m to €75.4m. EPS estimate increased from €0.21 to €0.24 per share. Net income forecast to shrink 11% next year vs 13% growth forecast for Renewable Energy industry in Germany . Consensus price target of €5.70 unchanged from last update. Share price fell 4.9% to €4.62 over the past week. Aankondiging • Sep 28
7C Solarparken AG announced that it has received €7.9625 million in funding On September 27, 2022, 7C Solarparken AG issued 1,750,000 no-par value bearer shares at an issue price of €4.55 per share for total gross proceeds of €7,962,500 and closed the transaction. The transaction included participation from domestic and European institutional investors. After the transaction the company's capital increased from €78,097,983 to €79,847,983. Reported Earnings • Sep 24
First half 2022 earnings released: EPS: €0.18 (vs €0.087 in 1H 2021) First half 2022 results: EPS: €0.18 (up from €0.087 in 1H 2021). Revenue: €44.3m (up 54% from 1H 2021). Net income: €14.1m (up 135% from 1H 2021). Profit margin: 32% (up from 21% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Aankondiging • Sep 20
7C Solarparken AG to Report First Half, 2022 Results on Sep 22, 2022 7C Solarparken AG announced that they will report first half, 2022 results on Sep 22, 2022 Aankondiging • Aug 19
7C Solarparken AG announced that it expects to receive €7.8715 million in funding 7C Solarparken AG announced a private placement to issue up to 1,730,000 shares at a price of €4.55 per share for gross proceeds of €7,900,000 on August 17, 2022. The transaction will include participation from existing shareholders from August 22, 2022 until September 5, 2022. Aankondiging • Jul 16
7C Solarparken AG, Annual General Meeting, Jul 21, 2022 7C Solarparken AG, Annual General Meeting, Jul 21, 2022. Agenda: AGM. Upcoming Dividend • Jul 15
Upcoming dividend of €0.11 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 26 July 2022. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.2%). Major Estimate Revision • Jun 10
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €0.20 to €0.18 per share. Revenue forecast steady at €68.4m. Net income forecast to grow 31% next year vs 36% growth forecast for Renewable Energy industry in Germany. Consensus price target of €5.57 unchanged from last update. Share price fell 2.4% to €4.83 over the past week. Reported Earnings • Apr 12
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €0.14 (up from €0.084 in FY 2020). Revenue: €58.7m (up 16% from FY 2020). Net income: €9.86m (up 88% from FY 2020). Profit margin: 17% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Over the next year, revenue is forecast to grow 14% compared to a 26% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Aankondiging • Apr 08
7C Solarparken AG Proposes Dividend The management board of 7C Solarparken AG proposed a flat dividend at EUR 0.11 per share. Major Estimate Revision • Dec 01
Consensus EPS estimates increase to €0.12 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €53.6m to €55.2m. EPS estimate increased from €0.10 to €0.12 per share. Net income forecast to grow 100% next year vs 35% growth forecast for Renewable Energy industry in Germany. Consensus price target up from €5.32 to €5.53. Share price rose 3.7% to €4.36 over the past week. Reported Earnings • Oct 01
First half 2021 earnings released: EPS €0.087 (vs €0.11 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €28.8m (up 7.6% from 1H 2020). Net income: €6.02m (down 7.2% from 1H 2020). Profit margin: 21% (down from 24% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Aankondiging • Aug 17
7C Solarparken AG announced that it has received €25.8244 million in funding 7C Solarparken AG announced that it has issued 6,942,043 common shares at an issue price of €3.72 per share for gross proceeds of €25,824,399.96? on August 16, 2021. The transaction includes participation from institutional investors in Germany and other European countries. Upcoming Dividend • Jul 15
Upcoming dividend of €0.11 per share Eligible shareholders must have bought the stock before 22 July 2021. Payment date: 26 July 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.8%). Major Estimate Revision • Jun 17
Consensus EPS estimates fall to €0.12 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from €54.9m to €53.0m. EPS estimate also fell from €0.17 to €0.12. Net income forecast to grow 54% next year vs 14% growth forecast for Renewable Energy industry in Germany. Consensus price target broadly unchanged at €5.53. Share price was steady at €3.99 over the past week. Reported Earnings • Apr 12
Full year 2020 earnings released: EPS €0.08 (vs €0.14 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €52.4m (up 22% from FY 2019). Net income: €5.25m (down 33% from FY 2019). Profit margin: 10.0% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 03
New 90-day low: €4.00 The company is down 6.0% from its price of €4.25 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.63 per share. Price Target Changed • Jan 15
Price target raised to €5.55 Up from €5.00, the current price target is an average from 2 analysts. The new target price is 23% above the current share price of €4.52. As of last close, the stock is up 22% over the past year. Is New 90 Day High Low • Jan 04
New 90-day high: €4.74 The company is up 32% from its price of €3.60 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 Renewable Energy industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: €4.38 The company is up 20% from its price of €3.65 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 Renewable Energy industry, which is up 9.0% over the same period. Major Estimate Revision • Dec 02
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from €0.14 to €0.18. Revenue estimate for the same period was approximately flat at €49.2m. Net income is expected to grow by 36% next year compared to 113% growth forecast for the Renewable Energy industry in Germany. The consensus price target increased from €4.40 to €5.00. Share price is up 1.9% to €4.20 over the past week. Price Target Changed • Dec 01
Price target raised to €5.00 Up from €4.20, the current price target is provided by 1 analyst. The new target price is 21% above the current share price of €4.14. As of last close, the stock is up 19% over the past year. Is New 90 Day High Low • Nov 09
New 90-day high: €3.94 The company is up 13% from its price of €3.49 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 2.0% over the same period. Aankondiging • Oct 16
7C Solarparken AG (XTRA:HRPK) acquired 7.6 MWp solar park in Krakow am See in Mecklenburg-Western Pomerania. 7C Solarparken AG (XTRA:HRPK) acquired 7.6 MWp solar park in Krakow am See in Mecklenburg-Western Pomerania on October 15, 2020. The transaction also includes acquisition 8.5 hectares of adjacent land. The transaction was entirely financed with equity capital. 7.6 MWp solar park generates sales of over €0.6 million.
7C Solarparken AG (XTRA:HRPK) completed the acquisition of 7.6 MWp solar park in Krakow am See in Mecklenburg-Western Pomerania on October 15, 2020. Is New 90 Day High Low • Oct 14
New 90-day high: €3.76 The company is up 1.0% from its price of €3.71 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 2.0% over the same period. Major Estimate Revision • Sep 30
Analysts increase revenue estimates to €49.1m The 2020 consensus revenue estimate increased from €44.1m. Earning per share (EPS) estimate also increased from €0.10 to €0.14 for the same period. Net income is expected to shrink by 3.4% next year compared to 75% growth forecast for the Renewable Energy industry in Germany . The consensus price target increased from €4.20 to €4.40. Share price is down by 1.6% to €3.64 over the past week. Reported Earnings • Sep 26
First half earnings released Over the last 12 months the company has reported total profits of €8.91m, up 20% from the prior year. Total revenue was €47.1m over the last 12 months, up 10% from the prior year. Aankondiging • Jul 30
7C Solarparken AG (XTRA:HRPK) acquired 10 MWP SOLAR PARK IN HESSEN from IBC SOLAR AG. 7C Solarparken AG (XTRA:HRPK) acquired 10 MWP SOLAR PARK IN HESSEN from IBC SOLAR AG on April 28, 2020.
7C Solarparken AG (XTRA:HRPK) completed the acquisition of 10 MWP SOLAR PARK IN HESSEN from IBC SOLAR AG on April 28, 2020.