Upcoming Dividend • 4h
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 21 July 2026. Payment date: 27 July 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.0%). Buy Or Sell Opportunity • Jun 02
Now 21% undervalued Over the last 90 days, the stock has risen 18% to €3.38. The fair value is estimated to be €4.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period. Buy Or Sell Opportunity • May 18
Now 21% undervalued Over the last 90 days, the stock has risen 8.9% to €3.36. The fair value is estimated to be €4.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.30, the stock trades at a trailing P/E ratio of 10.9x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 413% over the past three years. Reported Earnings • Apr 20
Full year 2025 earnings released: EPS: €0.32 (vs €0.14 in FY 2024) Full year 2025 results: EPS: €0.32 (up from €0.14 in FY 2024). Revenue: €958.2m (up 47% from FY 2024). Net income: €47.5m (up 123% from FY 2024). Profit margin: 5.0% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 04
Avax S.A. announces Annual dividend, payable on July 27, 2026 Avax S.A. announced Annual dividend of EUR 0.1000 per share payable on July 27, 2026, ex-date on July 21, 2026 and record date on July 22, 2026. Announcement • Apr 03
Avax S.A. to Report First Half, 2026 Results on Sep 30, 2026 Avax S.A. announced that they will report first half, 2026 results on Sep 30, 2026 Buy Or Sell Opportunity • Mar 27
Now 32% undervalued Over the last 90 days, the stock has risen 25% to €2.64. The fair value is estimated to be €3.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 08
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €3.23. The fair value is estimated to be €4.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.51, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 14x in the Construction industry in Europe. Total returns to shareholders of 478% over the past three years. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to €3.00, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 431% over the past three years. Reported Earnings • Dec 16
Third quarter 2025 earnings released Third quarter 2025 results: EPS: €0.095. Revenue: €214.7m (up 71% from 3Q 2024). Net income: €14.0m (up €28.3m from 3Q 2024). Profit margin: 6.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 12
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non Executive Director Paul Canellopoulos was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Oct 16
Now 49% undervalued after recent price drop Over the last 90 days, the stock has fallen 37% to €1.72. The fair value is estimated to be €3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorates as stock falls 40% After last week's 40% share price decline to €1.79, the stock trades at a trailing P/E ratio of 12x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 259% over the past three years. Reported Earnings • Sep 30
First half 2025 earnings released: EPS: €0.19 (vs €0.13 in 1H 2024) First half 2025 results: EPS: €0.19 (up from €0.13 in 1H 2024). Revenue: €467.5m (up 62% from 1H 2024). Net income: €28.1m (up 46% from 1H 2024). Profit margin: 6.0% (down from 6.6% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 49% per year. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to €1.86, the stock trades at a trailing P/E ratio of 17.3x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 264% over the past three years. Buy Or Sell Opportunity • Sep 19
Now 48% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to €1.77. The fair value is estimated to be €3.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 65%. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.72, the stock trades at a trailing P/E ratio of 15.9x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 230% over the past three years. Upcoming Dividend • Aug 26
Upcoming dividend of €0.07 per share Eligible shareholders must have bought the stock before 02 September 2025. Payment date: 08 September 2025. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.4%). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €2.71, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 431% over the past three years. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.11, the stock trades at a trailing P/E ratio of 14.3x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 291% over the past three years. Reported Earnings • May 12
Full year 2024 earnings released: EPS: €0.14 (vs €0.069 in FY 2023) Full year 2024 results: EPS: €0.14 (up from €0.069 in FY 2023). Revenue: €651.5m (up 44% from FY 2023). Net income: €21.3m (up 114% from FY 2023). Profit margin: 3.3% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Apr 30
Avax S.A. announces Annual dividend, payable on September 08, 2025 Avax S.A. announced Annual dividend of EUR 0.0700 per share payable on September 08, 2025, ex-date on September 02, 2025 and record date on September 03, 2025. Announcement • Apr 28
Avax S.A., Annual General Meeting, Jul 15, 2025 Avax S.A., Annual General Meeting, Jul 15, 2025. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment deteriorates as stock falls 39% After last week's 39% share price decline to €1.46, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 127% over the past three years. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (43% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.7% net profit margin). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to €2.31, the stock trades at a trailing P/E ratio of 10.9x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 269% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to €1.82, the stock trades at a trailing P/E ratio of 13.2x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 258% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to €1.37, the stock trades at a trailing P/E ratio of 10.6x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 105% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.32, the stock trades at a trailing P/E ratio of 9.9x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €1.40, the stock trades at a trailing P/E ratio of 8.7x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 21% over the past three years. Reported Earnings • Oct 01
First half 2024 earnings released: EPS: €0.13 (vs €0.023 in 1H 2023) First half 2024 results: EPS: €0.13 (up from €0.023 in 1H 2023). Revenue: €289.1m (up 50% from 1H 2023). Net income: €19.2m (up 483% from 1H 2023). Profit margin: 6.6% (up from 1.7% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Avax S.A. to Report First Half, 2024 Results on Sep 26, 2024 Avax S.A. announced that they will report first half, 2024 results on Sep 26, 2024 Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €1.02, the stock trades at a trailing P/E ratio of 20.7x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 8.5% over the past three years. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 47% After last week's 47% share price gain to €1.55, the stock trades at a trailing P/E ratio of 18.2x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 107% over the past three years. Upcoming Dividend • Jul 22
Upcoming dividend of €0.03 per share Eligible shareholders must have bought the stock before 29 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%). Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 50% After last week's 50% share price gain to €1.75, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 134% over the past three years. Buy Or Sell Opportunity • May 24
Now 51% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.5% to €1.21. The fair value is estimated to be €2.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 84% in 2 years. Earnings are forecast to grow by 308% in the next 2 years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to €1.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 72% over the past three years. Reported Earnings • May 01
Full year 2023 earnings released Full year 2023 results: Revenue: €453.5m (up 13% from FY 2022). Net income: €10.0m (down 10.0% from FY 2022). Profit margin: 2.2% (down from 2.8% in FY 2022). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (27% average weekly change). Minor Risks High level of debt (141% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 55% After last week's 55% share price gain to €1.94, the stock trades at a trailing P/E ratio of 6.6x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 284% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 69% After last week's 69% share price gain to €2.13, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 379% over the past three years. New Risk • Jan 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (41% average weekly change). Minor Risks High level of debt (141% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 63% After last week's 63% share price gain to €1.68, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 311% over the past three years. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.04, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 10x in the Construction industry in Europe. Total returns to shareholders of 190% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.45, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 326% over the past three years. Reported Earnings • Oct 01
First half 2023 earnings released First half 2023 results: Revenue: €192.2m (down 1.1% from 1H 2022). Net income: €3.40m (up €25.0m from 1H 2022). Profit margin: 1.8% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Announcement • Aug 10
Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million. Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million on August 9, 2023. On the date of the transfer, AVAX will receive the amount of €6 million as payment and further €7 million as advance payment against the additional price. The transaction is subject to all necessary approvals from the Hellenic Competition Commission and other authorities. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 56% After last week's 56% share price gain to €1.30, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 299% over the past three years. Upcoming Dividend • Jun 12
Upcoming dividend of €0.07 per share at 6.2% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 23 June 2023. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%). Announcement • Jun 01
Avax S.A., Annual General Meeting, Jun 14, 2023 Avax S.A., Annual General Meeting, Jun 14, 2023, at 13:00 E. Europe Standard Time. Location: AMAROUSIOU - CHALANDRIOU 16, 151 25 MAROUSI Marousi Greece Reported Earnings • May 02
Full year 2022 earnings released: EPS: €0.077 (vs €0.002 in FY 2021) Full year 2022 results: EPS: €0.077 (up from €0.002 in FY 2021). Revenue: €402.7m (down 32% from FY 2021). Net income: €11.1m (up €10.8m from FY 2021). Profit margin: 2.8% (up from 0.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 30% per year. Reported Earnings • Dec 14
Third quarter 2022 earnings released Third quarter 2022 results: EPS: €0.099. Revenue: €100.8m (down 49% from 3Q 2021). Net income: €14.3m (up €16.4m from 3Q 2021). Profit margin: 14% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Nov 25
Aktor Concessions SA completed the acquisition of 20.53% stake in Gefyra S.A. from Avax S.A. (ATSE:AVAX) for €16.6 million. Unknown buyers signed principle agreement to acquire 20.53% stake in Gefyra S.A. from Avax S.A. (ATSE:AVAX) on November 15, 2022. Such in principle agreement does not qualify as a definite agreement being subject to terms and conditions.
Aktor Concessions SA completed the acquisition of 20.53% stake in Gefyra S.A. from Avax S.A. (ATSE:AVAX) for €16.6 million on November 23, 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non Executive Director Theodora Monohartzi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 16
Unknown buyers signed principle agreement to acquire 20.53% stake in Gefyra S.A. from Avax S.A. (ATSE:AVAX). Unknown buyers signed principle agreement to acquire 20.53% stake in Gefyra S.A. from Avax S.A. (ATSE:AVAX) on November 15, 2022. Such in principle agreement does not qualify as a definite agreement being subject to terms and conditions. Reported Earnings • Sep 30
First half 2022 earnings released: EPS: €0 (vs €0.037 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €358.9m (up 11% from 1H 2021). Net income: €12.7m (up 137% from 1H 2021). Profit margin: 3.5% (up from 1.7% in 1H 2021). The increase in margin was driven by higher revenue. Announcement • Jun 01
Avax S.A., Annual General Meeting, Jun 23, 2022 Avax S.A., Annual General Meeting, Jun 23, 2022, at 13:00 E. Europe Standard Time. Location: AMAROUSSIOU CHALANDRIOU 16, 151 25 MAROUSSI Athens Greece Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: €0.002 (vs €0.045 in FY 2020) Full year 2021 results: EPS: €0.002 (down from €0.045 in FY 2020). Revenue: €592.2m (up 2.7% from FY 2020). Net income: €341.0k (down 94% from FY 2020). Profit margin: 0.1% (down from 1.1% in FY 2020). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Avax Commences Talks with Investors to Sell Volterra Avax S.A. (ATSE:AVAX) (the "Company") informed the investment public that the Company, aided by a financial advisor, commenced talks with interested investors for Volterra SA. For the time being, there is no agreement or conclusion of negotiations regarding the transfer or partial sale of Volterra. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non Executive Director Theodora Monohartzi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 03
First half 2021 earnings released: EPS €0.037 (vs €0.082 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: €324.3m (up 25% from 1H 2020). Net income: €5.35m (down 48% from 1H 2020). Profit margin: 1.7% (down from 4.0% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 61% share price gain to €1.37, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 31x in the Construction industry in Germany. Total returns to shareholders of 512% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 15% share price gain to €1.02, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 31x in the Construction industry in Germany. Total returns to shareholders of 360% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 59% share price gain to €1.34, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 15x in the Construction industry in Europe. Total returns to shareholders of 502% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 61% share price gain to €1.34, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 15x in the Construction industry in Europe. Total returns to shareholders of 437% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 70% share price gain to €1.34, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 15x in the Construction industry in Europe. Total returns to shareholders of 344% over the past three years. Reported Earnings • May 01
Full year 2020 earnings released The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €576.6m (flat on FY 2019). Net income: €6.08m (up €23.5m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). Is New 90 Day High Low • Jan 14
New 90-day high: €0.81 The company is up 110% from its price of €0.39 on 15 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: €0.76 The company is up 131% from its price of €0.33 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: €0.75 The company is up 159% from its price of €0.29 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: €0.68 The company is up 133% from its price of €0.29 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 Construction industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: €0.63 The company is up 110% from its price of €0.30 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 8.0% over the same period. Reported Earnings • Oct 03
First half earnings released Over the last 12 months the company has reported total losses of €16.2m, with losses narrowing by 5.1% from the prior year. Total revenue was €520.8m over the last 12 months, down 13% from the prior year. Is New 90 Day High Low • Sep 19
New 90-day high: €0.35 The company is up 8.0% from its price of €0.33 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 10.0% over the same period.