Declared Dividend • May 03
Dividend of €0.063 announced Shareholders will receive a dividend of €0.063. Ex-date: 5th May 2026 Payment date: 7th May 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 02
Deceuninck NV announces Annual dividend, payable on May 07, 2026 Deceuninck NV announced Annual dividend of EUR 0.0630 per share payable on May 07, 2026, ex-date on May 05, 2026 and record date on May 06, 2026. Announcement • Apr 01
Deceuninck NV, Annual General Meeting, Apr 28, 2026 Deceuninck NV, Annual General Meeting, Apr 28, 2026, at 16:00 Romance Standard Time. Buy Or Sell Opportunity • Mar 02
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €2.25. The fair value is estimated to be €2.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. Announcement • Feb 27
Deceuninck NV to Report Fiscal Year 2025 Results on Mar 16, 2026 Deceuninck NV announced that they will report fiscal year 2025 results on Mar 16, 2026 Announcement • Feb 04
Deceuninck NV to Report First Half, 2026 Results on Aug 20, 2026 Deceuninck NV announced that they will report first half, 2026 results on Aug 20, 2026 Price Target Changed • Jan 12
Price target decreased by 9.7% to €3.25 Down from €3.60, the current price target is an average from 4 analysts. New target price is 40% above last closing price of €2.33. Stock is up 0.4% over the past year. The company is forecast to post earnings per share of €0.16 for next year compared to €0.10 last year. Buy Or Sell Opportunity • Dec 30
Now 20% undervalued Over the last 90 days, the stock has risen 3.0% to €2.27. The fair value is estimated to be €2.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 4.9% in 2 years. Earnings are forecast to grow by 195% in the next 2 years. Buy Or Sell Opportunity • Dec 08
Now 21% undervalued Over the last 90 days, the stock has risen 6.4% to €2.24. The fair value is estimated to be €2.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 4.9% in 2 years. Earnings are forecast to grow by 195% in the next 2 years. Reported Earnings • Aug 22
First half 2025 earnings released: EPS: €0.06 (vs €0.08 in 1H 2024) First half 2025 results: EPS: €0.06. Revenue: €383.6m (down 9.0% from 1H 2024). Net income: €11.2m (up 44% from 1H 2024). Profit margin: 2.9% (up from 1.8% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Building industry in Europe. Announcement • Aug 20
Deceuninck NV to Report Fiscal Year 2025 Final Results on Feb 25, 2026 Deceuninck NV announced that they will report fiscal year 2025 final results on Feb 25, 2026 Announcement • May 15
Deceuninck NV announces Annual dividend, payable on May 07, 2025 Deceuninck NV announced Annual dividend of EUR 0.0560 per share payable on May 07, 2025, ex-date on May 05, 2025 and record date on May 06, 2025. Announcement • Mar 24
Deceuninck NV, Annual General Meeting, Apr 22, 2025 Deceuninck NV, Annual General Meeting, Apr 22, 2025, at 16:00 Romance Standard Time. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €2.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Building industry in Europe. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.82 per share. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Laure Baert was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Sep 18
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.20 to €0.15 per share. Revenue forecast steady at €828.8m. Net income forecast to grow 2,197% next year vs 24% growth forecast for Building industry in Belgium. Consensus price target of €3.60 unchanged from last update. Share price rose 3.7% to €2.51 over the past week. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: €0.06 (vs €0.11 in 1H 2023) First half 2024 results: EPS: €0.06 (down from €0.11 in 1H 2023). Revenue: €421.6m (down 1.3% from 1H 2023). Net income: €7.74m (down 50% from 1H 2023). Profit margin: 1.8% (down from 3.6% in 1H 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Aug 22
Deceuninck NV to Report Fiscal Year 2024 Results on Feb 26, 2025 Deceuninck NV announced that they will report fiscal year 2024 results on Feb 26, 2025 Declared Dividend • Apr 26
Dividend of €0.056 announced Shareholders will receive a dividend of €0.056. Ex-date: 6th May 2024 Payment date: 8th May 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio). However, it is well covered by cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. EPS is expected to grow by 154% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Major Estimate Revision • Mar 08
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €810.3m to €836.5m. EPS estimate increased from €0.17 to €0.20 per share. Net income forecast to grow 378% next year vs 11% growth forecast for Building industry in Belgium. Consensus price target of €3.57 unchanged from last update. Share price was steady at €2.27 over the past week. New Risk • Mar 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 50% 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 earnings (117% payout ratio). Large one-off items impacting financial results. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: €0.07 (vs €0.043 in FY 2022) Full year 2023 results: EPS: €0.07 (up from €0.043 in FY 2022). Revenue: €866.1m (down 11% from FY 2022). Net income: €9.48m (up 59% from FY 2022). Profit margin: 1.1% (up from 0.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Building industry in Europe. 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 6% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Deceuninck NV to Report Fiscal Year 2023 Results on Feb 28, 2024 Deceuninck NV announced that they will report fiscal year 2023 results at 7:00 AM, Central European Standard Time on Feb 28, 2024 Reported Earnings • Aug 27
First half 2023 earnings released: EPS: €0.11 (vs €0.05 in 1H 2022) First half 2023 results: EPS: €0.11 (up from €0.05 in 1H 2022). Revenue: €427.2m (down 16% from 1H 2022). Net income: €15.3m (up 136% from 1H 2022). Profit margin: 3.6% (up from 1.3% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • May 01
Upcoming dividend of €0.049 per share at 3.0% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.0%. Lower than top quartile of Belgian dividend payers (6.1%). Higher than average of industry peers (2.3%). Reported Earnings • Mar 03
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: €0.04 (down from €0.25 in FY 2021). Revenue: €974.1m (up 16% from FY 2021). Net income: €5.98m (down 82% from FY 2021). Profit margin: 0.6% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 67%. Revenue is forecast to stay flat during the next 2 years compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Dec 22
Deceuninck NV to Report Fiscal Year 2022 Results on Mar 01, 2023 Deceuninck NV announced that they will report fiscal year 2022 results at 7:00 AM, Central European Standard Time on Mar 01, 2023 Price Target Changed • Nov 16
Price target decreased to €2.50 Down from €4.10, the current price target is provided by 1 analyst. New target price is 13% above last closing price of €2.21. Stock is down 42% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.25 last year. Announcement • Nov 14
Deceuninck NV to Report First Half, 2023 Results on Aug 28, 2023 Deceuninck NV announced that they will report first half, 2023 results on Aug 28, 2023 Price Target Changed • Sep 26
Price target decreased to €2.50 Down from €3.80, the current price target is provided by 1 analyst. New target price is 24% above last closing price of €2.02. Stock is down 43% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.25 last year. Reported Earnings • Aug 19
First half 2022 earnings released: EPS: €0.05 (vs €0.15 in 1H 2021) First half 2022 results: EPS: €0.05 (down from €0.15 in 1H 2021). Revenue: €506.8m (up 25% from 1H 2021). Net income: €6.48m (down 66% from 1H 2021). Profit margin: 1.3% (down from 4.7% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 9.2% compared to a 11% growth forecast for the Building industry in Belgium. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 02
Upcoming dividend of €0.042 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Belgian dividend payers (5.4%). Higher than average of industry peers (1.9%). Price Target Changed • Apr 27
Price target increased to €4.10 Up from €3.80, the current price target is an average from 2 analysts. New target price is 60% above last closing price of €2.56. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.25 last year. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: €0.25 (up from €0.18 in FY 2020). Revenue: €838.1m (up 31% from FY 2020). Net income: €34.0m (up 40% from FY 2020). Profit margin: 4.1% (up from 3.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Belgium. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 15% share price gain to €4.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Building industry in Europe. Total returns to shareholders of 87% over the past three years. Price Target Changed • Aug 24
Price target increased to €3.80 Up from €3.10, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €3.96. Stock is up 157% over the past year. Reported Earnings • Aug 22
First half 2021 earnings released: EPS €0.15 (vs €0.03 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €404.0m (up 40% from 1H 2020). Net income: €19.1m (up €22.7m from 1H 2020). Profit margin: 4.7% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 16% share price gain to €3.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Building industry in Europe. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.37 per share. Price Target Changed • Jul 12
Price target increased to €3.30 Up from €2.90, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €3.29. Stock is up 146% over the past year. Upcoming Dividend • May 04
Upcoming dividend of €0.035 per share Eligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.8%. Lower than top quartile of Belgian dividend payers (4.6%). Higher than average of industry peers (1.6%). Announcement • Apr 28
Deceuninck Approves Dividend for 2020, Payable on 12 May 2021 Deceuninck approved the gross dividend of €0.05 per share for 2020. Ex-dividend date is 10 May 2021, record date is 11 May 2021, and the payment date is 12 May 2021. Is New 90 Day High Low • Mar 03
New 90-day high: €2.70 The company is up 55% from its price of €1.75 on 03 December 2020. The Belgian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.78 per share. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS €0.18 (vs €0.11 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €642.2m (up 1.3% from FY 2019). Net income: €24.2m (up €39.3m from FY 2019). Profit margin: 3.8% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 0.04%. Earnings per share (EPS) also surpassed analyst estimates by 89%. Over the next year, revenue is forecast to grow 8.4%, compared to a 4.3% growth forecast for the Building industry in Belgium. Price Target Changed • Jan 16
Price target raised to €2.20 Up from €1.80, the current price target is an average from 2 analysts. The new target price is 7.9% below the current share price of €2.39. As of last close, the stock is up 20% over the past year. Is New 90 Day High Low • Jan 04
New 90-day high: €2.04 The company is up 33% from its price of €1.53 on 06 October 2020. The Belgian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.34 per share. Announcement • Dec 19
Deceuninck NV to Report First Half, 2021 Results on Aug 17, 2021 Deceuninck NV announced that they will report first half, 2021 results on Aug 17, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: €1.80 The company is up 19% from its price of €1.52 on 04 September 2020. The Belgian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.79 per share. Is New 90 Day High Low • Nov 17
New 90-day high: €1.58 The company is up 3.0% from its price of €1.54 on 19 August 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.75 per share.