Declared Dividend • May 21
Dividend of €0.033 announced Shareholders will receive a dividend of €0.033. Ex-date: 30th June 2026 Payment date: 2nd July 2026 Dividend yield will be 2.1%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 21
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. 4 experienced directors. 7 highly experienced directors. Executive Director Patricia Lopez was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Gestamp Automoción, S.A. to Report Q1, 2026 Results on May 13, 2026 Gestamp Automoción, S.A. announced that they will report Q1, 2026 results After-Market on May 13, 2026 Announcement • Apr 09
Gestamp Automoción, S.A., Annual General Meeting, May 13, 2026 Gestamp Automoción, S.A., Annual General Meeting, May 13, 2026. Location: palacio euskalduna jauregia, avenida abandoibarra 4, bilbao., Spain Announcement • Feb 12
Gestamp Automoción, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026 Gestamp Automoción, S.A. announced that they will report fiscal year 2025 results After-Market on Feb 26, 2026 Announcement • Dec 18
Gestamp Automoción, S.A. announces Annual dividend, payable on January 14, 2026 Gestamp Automoción, S.A. announced Annual dividend of EUR 0.0317 per share payable on January 14, 2026, ex-date on January 12, 2026 and record date on January 13, 2026. Announcement • Oct 21
Gestamp Automoción, S.A. to Report Nine Months, 2025 Results on Nov 04, 2025 Gestamp Automoción, S.A. announced that they will report nine months, 2025 results on Nov 04, 2025 Announcement • Jul 14
Gestamp Automoción, S.A. to Report First Half, 2025 Results on Jul 28, 2025 Gestamp Automoción, S.A. announced that they will report first half, 2025 results on Jul 28, 2025 Announcement • Apr 25
Gestamp Automoción, S.A. to Report Q1, 2025 Results on May 08, 2025 Gestamp Automoción, S.A. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Announcement • Apr 03
Gestamp Automoción, S.A., Annual General Meeting, May 08, 2025 Gestamp Automoción, S.A., Annual General Meeting, May 08, 2025. Location: palacio euskalduna jauregia, avenida abandoibarra 4, bilbao., Spain Announcement • Feb 14
Gestamp Automoción, S.A. to Report Fiscal Year 2024 Results on Feb 27, 2025 Gestamp Automoción, S.A. announced that they will report fiscal year 2024 results After-Market on Feb 27, 2025 New Risk • Nov 09
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x 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 (2.7x net interest cover). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 9x cash flows per share). Profit margins are more than 30% lower than last year (1.5% net profit margin). Reported Earnings • Nov 06
Third quarter 2024 earnings released Third quarter 2024 results: EPS: €0.037. Revenue: €2.82b (flat on 3Q 2023). Net income: €20.9m (down 67% from 3Q 2023). Profit margin: 0.7% (down from 2.3% in 3Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Auto Components industry in Germany. Announcement • Oct 22
Gestamp Automoción, S.A. to Report Nine Months, 2024 Results on Nov 05, 2024 Gestamp Automoción, S.A. announced that they will report nine months, 2024 results on Nov 05, 2024 Reported Earnings • Jul 30
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €3.17b (flat on 2Q 2023). Net income: €51.2m (down 38% from 2Q 2023). Profit margin: 1.6% (down from 2.6% in 2Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jul 16
Gestamp Automoción, S.A. to Report First Half, 2024 Results on Jul 29, 2024 Gestamp Automoción, S.A. announced that they will report first half, 2024 results on Jul 29, 2024 Upcoming Dividend • Jun 24
Upcoming dividend of €0.063 per share Eligible shareholders must have bought the stock before 01 July 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.2%). Board Change • Jun 02
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. 9 experienced directors. 2 highly experienced directors. Proprietary Director Makoto Takasugi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 10
First quarter 2024 earnings released First quarter 2024 results: EPS: €0.096. Revenue: €3.08b (down 2.0% from 1Q 2023). Net income: €54.7m (down 32% from 1Q 2023). Profit margin: 1.8% (down from 2.5% in 1Q 2023). 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 5.4% growth forecast for the Auto Components industry in Germany. Announcement • Apr 28
Gestamp Automoción, S.A. to Report Q1, 2024 Results on May 09, 2024 Gestamp Automoción, S.A. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Announcement • Mar 23
Gestamp Automoción, S.A., Annual General Meeting, May 09, 2024 Gestamp Automoción, S.A., Annual General Meeting, May 09, 2024, at 12:30 Central European Standard Time. Agenda: To consider where appropriate, of the financial statements and management report for Gestamp Automoción, S.A. and the financial statements and management report for its consolidated group for the 2023 financial year, as well as the management of the Board of Directors over the 2023 financial year; to consider where appropriate, of the consolidated non-financial information for the 2023 financial year; to consider where appropriate, of the proposed allocation of individual profit of Gestamp Automoción, S.A. for the 2023 financial year; to consider Distribution of a supplementary dividend against unrestricted reserves; to consider Ratification and re-election of directors, as appropriate. Setting of the number of members of the Board of Directors; to consider re-election and appointment of auditors; and to consider other matters. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: €0.49 (vs €0.45 in FY 2022) Full year 2023 results: EPS: €0.49 (up from €0.45 in FY 2022). Revenue: €12.5b (up 16% from FY 2022). Net income: €280.7m (up 8.0% from FY 2022). Profit margin: 2.3% (down from 2.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Auto Components industry in Germany. 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 8% per year, which means it is significantly lagging earnings. Announcement • Feb 14
Gestamp Automoción, S.A. to Report Fiscal Year 2023 Results on Feb 27, 2024 Gestamp Automoción, S.A. announced that they will report fiscal year 2023 results on Feb 27, 2024 Upcoming Dividend • Jan 01
Upcoming dividend of €0.057 per share at 4.1% yield Eligible shareholders must have bought the stock before 08 January 2024. Payment date: 10 January 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.3%). New Risk • Nov 24
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 08
Third quarter 2023 earnings released Third quarter 2023 results: EPS: €0.11. Revenue: €2.84b (flat on 3Q 2022). Net income: €63.0m (down 4.4% from 3Q 2022). Profit margin: 2.2% (down from 2.3% in 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Auto Components industry in Germany. Announcement • Oct 24
Gestamp Automoción, S.A. to Report Nine Months, 2023 Results on Nov 07, 2023 Gestamp Automoción, S.A. announced that they will report nine months, 2023 results on Nov 07, 2023 Buying Opportunity • Sep 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €4.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 15% per annum over the same time period. Reported Earnings • Jul 26
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €3.20b (up 20% from 2Q 2022). Net income: €82.5m (up 14% from 2Q 2022). Profit margin: 2.6% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Announcement • Jul 12
Gestamp Automoción, S.A. to Report Q2, 2023 Results on Jul 25, 2023 Gestamp Automoción, S.A. announced that they will report Q2, 2023 results After-Market on Jul 25, 2023 Upcoming Dividend • Jun 26
Upcoming dividend of €0.06 per share at 3.5% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%). Buying Opportunity • May 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.2%. The fair value is estimated to be €5.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 85%. Revenue is forecast to grow by 8.8% in 2 years. Earnings is forecast to grow by 44% in the next 2 years. Reported Earnings • May 10
First quarter 2023 earnings released First quarter 2023 results: EPS: €0.14. Revenue: €3.17b (up 39% from 1Q 2022). Net income: €79.8m (up 78% from 1Q 2022). Profit margin: 2.5% (up from 2.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 21
Now 22% undervalued Over the last 90 days, the stock is up 8.1%. The fair value is estimated to be €5.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 42%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Reported Earnings • Mar 01
Full year 2022 earnings released Full year 2022 results: Revenue: €10.8b (up 32% from FY 2021). Net income: €260.0m (up 67% from FY 2021). Profit margin: 2.4% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Upcoming Dividend • Jan 03
Upcoming dividend of €0.049 per share Eligible shareholders must have bought the stock before 10 January 2023. Payment date: 12 January 2023. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.3%). Reported Earnings • Nov 09
Third quarter 2022 earnings released Third quarter 2022 results: EPS: €0.12. Revenue: €2.87b (up 57% from 3Q 2021). Net income: €65.9m (up 266% from 3Q 2021). Profit margin: 2.3% (up from 1.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto Components 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 fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 27
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €2.64b (up 34% from 2Q 2021). Net income: €72.3m (up 126% from 2Q 2021). Profit margin: 2.7% (up from 1.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 10% growth forecast for the industry in Germany. Upcoming Dividend • Jun 24
Upcoming dividend of €0.035 per share Eligible shareholders must have bought the stock before 01 July 2022. Payment date: 05 July 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%). Reported Earnings • May 11
First quarter 2022 earnings released First quarter 2022 results: Revenue: €2.29b (up 7.7% from 1Q 2021). Net income: €44.8m (down 12% from 1Q 2021). Profit margin: 2.0% (down from 2.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 9.4% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €3.04, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.69 per share. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €0.27 (up from €0.26 loss in FY 2020). Revenue: €8.28b (up 9.8% from FY 2020). Net income: €155.4m (up €306.4m from FY 2020). Profit margin: 1.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 16% compared to a 1.9% decline forecast for the industry in Germany. 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 12% per year, which means it has not declined as severely as earnings. Announcement • Feb 19
Gestamp Automoción, S.A. to Report Fiscal Year 2021 Results on Feb 28, 2022 Gestamp Automoción, S.A. announced that they will report fiscal year 2021 results on Feb 28, 2022 Upcoming Dividend • Jan 03
Inaugural dividend of €0.031 per share Eligible shareholders must have bought the stock before 10 January 2022. Payment date: 12 January 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 1.9%. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS €0.031 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €1.83b (down 11% from 3Q 2020). Net income: €18.0m (down 37% from 3Q 2020). Profit margin: 1.0% (down from 1.4% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 27
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.00b (up 89% from 2Q 2020). Net income: €31.9m (up €244.4m from 2Q 2020). Profit margin: 1.6% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Reported Earnings • May 08
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.13b (up 4.0% from 1Q 2020). Net income: €50.9m (up 264% from 1Q 2020). Profit margin: 2.4% (up from 0.7% in 1Q 2020). Analyst Estimate Surprise Post Earnings • Mar 01
Revenue misses expectations Revenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 14%, compared to a 9.7% growth forecast for the Auto Components industry in Germany. Reported Earnings • Feb 26
Full year 2020 earnings released: €0.26 loss per share (vs €0.37 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.59b (down 18% from FY 2019). Net loss: €151.1m (down 171% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 11
New 90-day high: €4.22 The company is up 40% from its price of €3.01 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.63 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €4.01 The company is up 63% from its price of €2.46 on 09 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 Auto Components industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.18 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €3.60 The company is up 64% from its price of €2.20 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.36 per share. Is New 90 Day High Low • Nov 18
New 90-day high: €3.25 The company is up 47% from its price of €2.21 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components 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 €8.33 per share. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS €0.049 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €2.05b (down 1.9% from 3Q 2019). Net income: €28.4m (up 1.4% from 3Q 2019). Profit margin: 1.4% (up from 1.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 6.9%, compared to a 3.7% growth forecast for the Auto Components industry in Germany. Is New 90 Day High Low • Oct 27
New 90-day high: €2.57 The company is up 27% from its price of €2.03 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.35 per share. Is New 90 Day High Low • Oct 01
New 90-day high: €2.48 The company is up 9.0% from its price of €2.29 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.65 per share. Announcement • Jul 19
Gestamp Automoción, S.A. to Report First Half, 2020 Results on Jul 30, 2020 Gestamp Automoción, S.A. announced that they will report first half, 2020 results on Jul 30, 2020 
