Reported Earnings • May 13
Second quarter 2026 earnings released: EPS: €0.002 (vs €0.25 in 2Q 2025) Second quarter 2026 results: EPS: €0.002 (down from €0.25 in 2Q 2025). Revenue: €8.38b (down 2.3% from 2Q 2025). Net income: €1.00m (down 99% from 2Q 2025). Profit margin: 0% (down from 1.8% in 2Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to Ft3,830, the stock trades at a trailing P/E ratio of 39.8x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Ft7,084 per share. New Risk • Apr 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hungarian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (22% accrual ratio). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Ft3,224, the stock trades at a trailing P/E ratio of 32.5x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 34% over the past three years. Reported Earnings • Feb 15
First quarter 2026 earnings released: €0.57 loss per share (vs €0.082 loss in 1Q 2025) First quarter 2026 results: €0.57 loss per share (further deteriorated from €0.082 loss in 1Q 2025). Revenue: €7.19b (down 8.2% from 1Q 2025). Net loss: €353.0m (loss widened €302.0m from 1Q 2025). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Aankondiging • Feb 12
thyssenkrupp AG to Report Q1, 2027 Results on Feb 11, 2027 thyssenkrupp AG announced that they will report Q1, 2027 results on Feb 11, 2027 Declared Dividend • Feb 01
Final dividend of €0.15 announced Shareholders will receive a dividend of €0.15. Ex-date: 2nd February 2026 Payment date: 4th February 2026 Dividend yield will be 0.07%, which is lower than the industry average of 4.8%. Payout Ratios Payout ratio: 20%. Cash payout ratio: 267%. Aankondiging • Jan 24
thyssenkrupp Reportedly Explores Selling 30% Stake in Bearings Unit thyssenkrupp AG (XTRA:TKA) is considering the sale of a roughly 30% stake in its Rothe Erde bearings business, people familiar with the matter said, in a deal that could value the asset at about EUR 1.5 billion ($1.8 billion). The German industrial heavyweight is working with an adviser to gauge buyer interest, according to the people, who asked not to be identified discussing confidential information. Deliberations are at an early stage and there’s no certainty they’ll lead to a transaction, the people said. “We regularly receive offers for various transaction opportunities and keep all options open and review each offer,” a spokesperson for Thyssenkrupp said in an emailed statement. Shares in Thyssenkrupp have risen more than 230% in Frankfurt trading over the last 12 months, giving the company a market value of about EUR 6.9 billion. Aankondiging • Dec 19
thyssenkrupp AG, Annual General Meeting, Jan 30, 2026 thyssenkrupp AG, Annual General Meeting, Jan 30, 2026, at 10:00 W. Europe Standard Time. Aankondiging • Sep 17
Jindal Steel International submitted a Non-Binding Offer to acquire Thyssenkrupp Steel Europe AG from thyssenkrupp AG (XTRA:TKA) for estimated value of €4 billion. Jindal Steel International submitted a Non-Binding Offer to acquire Thyssenkrupp Steel Europe AG from thyssenkrupp AG (XTRA:TKA) for estimated value of €4 billion on September 16, 2025. The valuation is based on industry speculation as reported by The Business Line. Reported Earnings • Aug 15
Third quarter 2025 earnings released: €0.45 loss per share (vs €0.087 loss in 3Q 2024) Third quarter 2025 results: €0.45 loss per share (further deteriorated from €0.087 loss in 3Q 2024). Revenue: €8.15b (down 9.3% from 3Q 2024). Net loss: €278.0m (loss widened 415% from 3Q 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
Second quarter 2025 earnings released: EPS: €0.25 (vs €0.13 loss in 2Q 2024) Second quarter 2025 results: EPS: €0.25 (up from €0.13 loss in 2Q 2024). Revenue: €8.58b (down 5.4% from 2Q 2024). Net income: €155.0m (up €233.0m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 2.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 11
Thyssenkrupp Reportedly Explores Options for Materials Trading Unit thyssenkrupp AG (XTRA:TKA) is considering options to exit its materials trading unit which could be worth EUR 2 billion (USD 2.2bn) in a potential transaction, Bloomberg reported on April 9, 2025. The business, Thyssenkrupp Materials Service GmbH (thyssenkrupp Materials Services GmbH), offers logistics and processing services for materials, including steel and plastics. Thyssenkrupp is assessing possible deals such as a spin-off or a sale, the news agency said, citing unnamed sources. Reportedly, the German group has been in discussions with advisors. The process is still at an early stage and Thyssenlrupp may choose to retain the business. The German group is currently also working on the spin-off of its marine systems business. Furthermore, the company sold in 2024 a stake in its steel unit to a company controlled by Czech billionaire Daniel Kretinsky. Reported Earnings • Feb 15
First quarter 2025 earnings released: €0.08 loss per share (vs €0.50 loss in 1Q 2024) First quarter 2025 results: €0.08 loss per share (improved from €0.50 loss in 1Q 2024). Revenue: €7.83b (down 4.3% from 1Q 2024). Net loss: €51.0m (loss narrowed 84% from 1Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 15
thyssenkrupp AG to Report Q1, 2026 Results on Feb 12, 2026 thyssenkrupp AG announced that they will report Q1, 2026 results on Feb 12, 2026 Upcoming Dividend • Jan 27
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 03 February 2025. Payment date: 05 February 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Hungarian dividend payers (6.1%). Lower than average of industry peers (4.3%). Declared Dividend • Dec 22
Dividend of €0.15 announced Shareholders will receive a dividend of €0.15. Ex-date: 3rd February 2025 Payment date: 5th February 2025 Dividend yield will be 0.009%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. Aankondiging • Dec 19
thyssenkrupp AG, Annual General Meeting, Jan 31, 2025 thyssenkrupp AG, Annual General Meeting, Jan 31, 2025, at 10:00 W. Europe Standard Time. Aankondiging • Dec 06
thyssenkrupp AG to Report Fiscal Year 2025 Results on Dec 09, 2025 thyssenkrupp AG announced that they will report fiscal year 2025 results on Dec 09, 2025 New Risk • Dec 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hungarian stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Reported Earnings • Nov 21
Full year 2024 earnings released: €2.42 loss per share (vs €3.33 loss in FY 2023) Full year 2024 results: €2.42 loss per share (improved from €3.33 loss in FY 2023). Revenue: €35.0b (down 6.6% from FY 2023). Net loss: €1.51b (loss narrowed 27% from FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 21
thyssenkrupp AG to Report Fiscal Year 2025 Results on Nov 20, 2025 thyssenkrupp AG announced that they will report fiscal year 2025 results on Nov 20, 2025 Aankondiging • Sep 23
thyssenkrupp AG(XTRA:TKA) dropped from FTSE All-World Index (USD) thyssenkrupp AG(XTRA:TKA) dropped from FTSE All-World Index (USD) Aankondiging • Aug 15
thyssenkrupp AG to Report Q3, 2025 Results on Aug 14, 2025 thyssenkrupp AG announced that they will report Q3, 2025 results on Aug 14, 2025 Reported Earnings • Aug 15
Third quarter 2024 earnings released: €0.09 loss per share (vs €0.13 profit in 3Q 2023) Third quarter 2024 results: €0.09 loss per share (down from €0.13 profit in 3Q 2023). Revenue: €8.99b (down 6.4% from 3Q 2023). Net loss: €54.0m (down 165% from profit in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 01
EP Corporate Group, a.s. completed the acquisition of 20% stake in steel business from thyssenkrupp AG (XTRA:TKA). EP Corporate Group, a.s. agreed to acquire 20% stake in steel business from thyssenkrupp AG (XTRA:TKA) on April 26, 2024. In addition, the parties are discussing the acquisition of a further 30 percent of the steel business by EPCG. The aim is to form an equal 50/50 joint venture. The transaction is expected to close in the current fiscal year of thyssenkrupp AG, subject to the approval of the relevant authorities and the Supervisory Board of thyssenkrupp AG.
EP Corporate Group, a.s. completed the acquisition of 20% stake in steel business from thyssenkrupp AG (XTRA:TKA) on July 31, 2024. The transaction had previously been approved by both the Supervisory Board of thyssenkrupp AG and all relevant authorities. On August 1, 2024, the acquisition received approval from the Competition Commission of Pakistan (CCP) Reported Earnings • May 16
Second quarter 2024 earnings released: €0.13 loss per share (vs €0.36 loss in 2Q 2023) Second quarter 2024 results: €0.13 loss per share (improved from €0.36 loss in 2Q 2023). Revenue: €9.06b (down 10% from 2Q 2023). Net loss: €78.0m (loss narrowed 65% from 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Apr 15
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 Hungarian stocks, typically moving 6.6% 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Feb 16
First quarter 2024 earnings released: €0.50 loss per share (vs €0.12 profit in 1Q 2023) First quarter 2024 results: €0.50 loss per share (down from €0.12 profit in 1Q 2023). Revenue: €8.18b (down 9.3% from 1Q 2023). Net loss: €314.0m (down €389.0m from profit in 1Q 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jan 29
Upcoming dividend of €0.15 per share at 2.6% yield Eligible shareholders must have bought the stock before 05 February 2024. Payment date: 07 February 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Hungarian dividend payers (6.8%). Lower than average of industry peers (8.4%). Reported Earnings • Nov 25
Full year 2023 earnings released: €3.33 loss per share (vs €1.81 profit in FY 2022) Full year 2023 results: €3.33 loss per share (down from €1.81 profit in FY 2022). Revenue: €37.5b (down 8.8% from FY 2022). Net loss: €2.07b (down 284% from profit in FY 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining 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 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 23
Thyssenkrupp in Discussions to Transfer Part of Its Steel Business, Steel Europe to EPH, Forming A Joint Venture German industrial group Thyssenkrupp AG (ETR:TKA) is in discussions to transfer part of its steel business, Steel Europe, to Czech energy group Energetický a prumyslový holding, a.s. (EPH), forming a joint venture. The German company said on November 22, 2023 it is “in constructive and open-ended negotiations with energy company EPH regarding a potential joint venture with Steel Europe that EPH could support with its energy expertise". The specific form of a potential joint venture is the focus of the ongoing negotiations, Thyssenkrupp added. Thyssenkrupp has already taken steps to achieve climate-neutral steel production. In July, the European Commission authorised the German government to provide state aid of up to EUR 2 billion (USD 2.19 billion) for a decarbonisation project, which involves the construction of a hydrogen-capable direct reduction (DR) plant among others. However, the success of carbon-neutral steel production is largely dependent on the secure provision of large quantities of green energy at competitive prices, Thyssenkrupp said. Therefore, the company is talking with potential strategic partners in the energy industry. Aankondiging • Oct 12
thyssenkrupp AG to Report Q3, 2024 Results on Aug 14, 2024 thyssenkrupp AG announced that they will report Q3, 2024 results on Aug 14, 2024 Aankondiging • Oct 05
Thyssenkrupp Top Shareholder Expects Decision on Steel Unit Sale Soon thyssenkrupp AG (XTRA:TKA) top shareholder expects involved stakeholders to soon decide on the future of the German conglomerate's steel division, its head told a German newspaper. Thyssenkrupp is looking to divest its steel division and is holding talks with Czech billionaire Daniel Kretinsky over a sale of up to half of the business, sources told Reuters last week. "All parties are pursuing the independence of steel," Ursula Gather, who heads the board of trustees of the Alfried Krupp von Bohlen und Halbach Foundation and also sits on Thyssenkrupp's supervisory board, told Rheinische Post. Aankondiging • Sep 29
thyssenkrupp Reportedly in Advanced Talks to Sell 50% of its Steel Division to Daniel Kretinsky thyssenkrupp AG (XTRA:TKA) is in advanced talks to sell 50% of its steel division to Czech billionaire Daniel Kretinsky, Handelsblatt reported on September 28, 2023 citing multiple unnamed sources. A deal could happen by the end of the year, the report said. Thyssenkrupp resumed efforts to divest its steel division earlier in the year 2023, after the plan was abandoned following unsuccessful efforts to list, sell or find a merger partner for what is Europe's second-largest steelmaker. Reuters reported June that Kretinsky was interested in a stake in Thyssenkrupp's steel division. Spokespeople for Thyssenkrupp and Kretinsky declined to comment on September 28, 2023. Shares in Thysenkrupp were up 6.5% after the news. Aankondiging • Sep 13
Thyssenkrupp Reportedly May Sell Minority Stake in Submarine Unit to Germany thyssenkrupp AG (XTRA:TKA) is negotiating a deal under which it will sell a majority stake in its submarine business to a financial investor, while the German state will buy a minority shareholding, local paper Handelsblatt reported on September 11. Under the pursued transaction, the industrial group plans to retain a minority stake in the unit known as thyssenkrupp Marine Systems GmbH (TKMS), the paper said citing people in the know. Reportedly, the involvement of a financial investor is seen as a transitional solution. In the long term, possibilities such as an initial public offering (IPO) or a merger with a division of the Bremen-based shipyard Luerssen Werft are being considered. According to financial sources cited by Handelsblatt, the most probable buyer of a majority stake is US private equity firm The Carlyle Group Inc. (NasdaqGS:CG). However, Thyssenkrupp has also held talks with KKR, Advent and Triton. While discussions with financial investors continue, the company has negotiated the basic principles of a deal with the German government. Reportedly, Germany could acquire a 20% stake or more. A final decision, however, has not been made yet. Reported Earnings • Aug 11
Third quarter 2023 earnings released: EPS: €0.13 (vs €0.12 in 3Q 2022) Third quarter 2023 results: EPS: €0.13 (up from €0.12 in 3Q 2022). Revenue: €9.60b (down 12% from 3Q 2022). Net income: €83.0m (up 9.2% from 3Q 2022). Profit margin: 0.9% (up from 0.7% in 3Q 2022). Revenue is forecast to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 31
thyssenkrupp AG, Annual General Meeting, Feb 02, 2024 thyssenkrupp AG, Annual General Meeting, Feb 02, 2024. New Risk • Jun 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hungarian stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Aankondiging • Jun 09
Thyssenkrupp Makes Progress in Sale Process for Submarines Ops Thyssenkrupp AG (XTRA:TKA) is progressing with the sale process for its submarines business, with data rooms for investors to be opened shortly, German paper Frankfurter Allgemeine Zeitung (FAZ) reported on June 6, 2023. The sales plan has been in the works for a long time, and Deutsche Bank has been mandated for the process. Reportedly, several financial investors have expressed interest in ThyssenKrupp Marine Systems AG (TKMS), including The Carlyle Group Inc. (NasdaqGS:CG) and KKR & Co. Inc. (NYSE:KKR). According to sources cited by FAZ, KKR has already withdrawn. Reportedly, the sale process is likely to be complicated by security policy aspects. In addition to exploratory talks with potential financial investors or strategic partners, the question of whether the government could directly participate is being discussed. With a blocking minority, the government could prevent unwanted changes at an early stage. According to sources cited by FAZ, TKMS is currently negotiating with the support of the German government the delivery of six submarines in India. The total order volume potentially amounts to about EUR 7 billion (USD 7.48 billion). Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to Ft2,289, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 12% over the past three years. Reported Earnings • Feb 15
First quarter 2023 earnings released: EPS: €0.12 (vs €0.17 in 1Q 2022) First quarter 2023 results: EPS: €0.12 (down from €0.17 in 1Q 2022). Revenue: €9.02b (flat on 1Q 2022). Net income: €75.0m (down 29% from 1Q 2022). Profit margin: 0.8% (down from 1.2% in 1Q 2022). Revenue is expected to fall by 1.0% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Ft2,381, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 30% over the past three years. Upcoming Dividend • Jan 30
Upcoming dividend of €0.15 per share at 2.0% yield Eligible shareholders must have bought the stock before 06 February 2023. Payment date: 08 February 2023. Trailing yield: 2.0%. Lower than top quartile of Hungarian dividend payers (6.4%). Lower than average of industry peers (7.8%). Aankondiging • Nov 21
thyssenkrupp AG to Report Fiscal Year 2023 Results on Nov 22, 2023 thyssenkrupp AG announced that they will report fiscal year 2023 results on Nov 22, 2023 Reported Earnings • Nov 19
Full year 2022 earnings released: EPS: €1.82 (vs €0.17 loss in FY 2021) Full year 2022 results: EPS: €1.82 (up from €0.17 loss in FY 2021). Revenue: €41.1b (up 21% from FY 2021). Net income: €1.14b (up €1.25b from FY 2021). Profit margin: 2.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to fall by 8.2% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Ft1,827, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Ft755 per share. Aankondiging • Oct 27
thyssenkrupp AG to Report Nine Months, 2023 Results on Aug 10, 2023 thyssenkrupp AG announced that they will report nine months, 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Ft1,888, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Metals and Mining industry in Europe. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Ft1,281 per share. Reported Earnings • Aug 12
Third quarter 2022 earnings released: EPS: €0.12 (vs €0.20 in 3Q 2021) Third quarter 2022 results: EPS: €0.12 (down from €0.20 in 3Q 2021). Revenue: €11.0b (up 26% from 3Q 2021). Net income: €76.0m (down 40% from 3Q 2021). Profit margin: 0.7% (down from 1.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 9.7% compared to a 20% growth forecast for the industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Ft3,042, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total loss to shareholders of 20% over the past three years. Aankondiging • May 14
thyssenkrupp AG to Report First Half, 2023 Results on May 11, 2023 thyssenkrupp AG announced that they will report first half, 2023 results on May 11, 2023 Reported Earnings • May 12
Second quarter 2022 earnings released: EPS: €0.90 (vs €0.32 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.90 (up from €0.32 loss in 2Q 2021). Revenue: €10.6b (up 24% from 2Q 2021). Net income: €556.0m (up €755.0m from 2Q 2021). Profit margin: 5.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 39% growth forecast for the industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Apr 04
thyssenkrupp AG to Report Q1, 2023 Results on Feb 14, 2023 thyssenkrupp AG announced that they will report Q1, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 15% share price gain to Ft3,551, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Ft1,972 per share. Reported Earnings • Feb 11
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: €0.17 (up from €0.23 loss in 1Q 2021). Revenue: €9.02b (up 23% from 1Q 2021). Net income: €106.0m (up €247.0m from 1Q 2021). Profit margin: 1.2% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Hungary. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 03
thyssenkrupp AG, Annual General Meeting, Feb 03, 2023 thyssenkrupp AG, Annual General Meeting, Feb 03, 2023. Reported Earnings • Nov 22
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: €0.17 loss per share (up from €8.91 loss in FY 2020). Revenue: €34.0b (up 18% from FY 2020). Net loss: €109.0m (loss narrowed 98% from FY 2020). Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 4.4%, compared to a 14% growth forecast for the mining industry in Hungary. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Breakeven Date Change • Sep 23
Forecast to breakeven in 2022 The 13 analysts covering thyssenkrupp expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €489.3m in 2022. Average annual earnings growth of 42% is required to achieve expected profit on schedule. Reported Earnings • Aug 12
Third quarter 2021 earnings released: EPS €0.20 (vs €1.33 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €8.68b (up 51% from 3Q 2020). Net income: €127.0m (up €956.0m from 3Q 2020). Profit margin: 1.5% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • May 12
Second quarter 2021 earnings released: €0.32 loss per share (vs €1.11 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €8.58b (up 4.0% from 2Q 2020). Net loss: €199.0m (loss narrowed 71% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 03
New 90-day high: Ft4,277 The company is up 109% from its price of Ft2,051 on 03 December 2020. The Hungarian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Ft2,315 per share. 