Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €60.70, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €88.29 per share. Live News • May 30
2G Energy Lands Record Contract Supplying Power Systems to Data Centers in North America 2G Energy North America has received the largest order in the company’s history for containerized power generation systems in the low-triple-digit megawatt range.
Deliveries under this order are scheduled to start in the second half of 2026 and extend over multiple years.
The order is tied to rising demand for decentralized and highly reliable power for data centers and AI infrastructure, and is supported by expanded production capacity at the company’s Heek, Germany headquarters.
This multi-year order adds visibility to future workload for 2G Energy and underlines the role of its containerized systems in addressing grid constraints and long interconnection timelines in North America.
Investors may want to watch how the company manages execution risk around capacity expansion in Heek and the timing of deliveries starting in 2026, as well as any further contract wins in the data center and AI segments. Price Target Changed • May 27
Price target increased by 48% to €56.00 Up from €37.88, the current price target is an average from 4 analysts. New target price is 19% below last closing price of €69.15. Stock is up 123% over the past year. The company is forecast to post earnings per share of €1.14 for next year compared to €1.32 last year. New Risk • May 26
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 German stocks, typically moving 9.8% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • May 26
Now 39% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to €68.55. The fair value is estimated to be €49.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €45.24, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.77 per share. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €38.05, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.05 per share. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €32.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Electrical industry in Germany. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.30 per share. Major Estimate Revision • Oct 31
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €433.2m to €407.2m. EPS estimate also fell from €1.46 per share to €1.20 per share. Net income forecast to grow 7.8% next year vs 49% growth forecast for Electrical industry in Germany. Consensus price target broadly unchanged at €36.00. Share price fell 11% to €29.00 over the past week. Reported Earnings • Sep 10
First half 2025 earnings released First half 2025 results: Revenue: €170.3m (up 30% from 1H 2024). Net income: €3.52m (up 31% from 1H 2024). Profit margin: 2.1% (in line with 1H 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Electrical industry in Germany. Buy Or Sell Opportunity • Jun 19
Now 21% undervalued Over the last 90 days, the stock has risen 7.6% to €29.90. The fair value is estimated to be €38.08, 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 18%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Upcoming Dividend • Jun 06
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 17 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.8%). Announcement • May 23
2G Energy AG Provides Earnings Guidance for 2025 and 2026 2G Energy AG provided earnings guidance for 2025 and 2026. For current year, the company expects sales (EUR 430 to 450 million) and EBIT forecast for the current year (8.5 to 10.5 %).
For 2026, the company expects sales (EUR 440 to 490 million) and the EBIT forecast (9.0 to 11.0 %). Announcement • May 06
2G Energy AG, Annual General Meeting, Jun 12, 2025 2G Energy AG, Annual General Meeting, Jun 12, 2025, at 10:00 W. Europe Standard Time. Declared Dividend • Apr 30
Dividend increased to €0.20 Dividend of €0.20 is 18% higher than last year. Ex-date: 13th June 2025 Payment date: 17th June 2025 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 8%. Reported Earnings • Apr 29
Full year 2024 earnings: Revenues in line with analyst expectations Full year 2024 results: Revenue: €381.8m (up 4.5% from FY 2023). Net income: €23.7m (up 32% from FY 2023). Profit margin: 6.2% (up from 4.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany. Announcement • Apr 29
2G Energy AG announces Annual dividend, payable on June 17, 2025 2G Energy AG announced Annual dividend of EUR 0.2000 per share payable on June 17, 2025, ex-date on June 13, 2025 and record date on June 16, 2025. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €27.45, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the Electrical industry in Germany. Total loss to shareholders of 6.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.44 per share. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €26.35, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Electrical industry in Germany. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €44.84 per share. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €23.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Electrical industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €41.15 per share. Reported Earnings • Sep 09
First half 2024 earnings released: EPS: €0.15 (vs €0.15 in 1H 2023) First half 2024 results: EPS: €0.15 (up from €0.15 in 1H 2023). Revenue: €131.2m (down 3.2% from 1H 2023). Net income: €2.70m (up 2.7% from 1H 2023). Profit margin: 2.1% (up from 1.9% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 29
Upcoming dividend of €0.17 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €24.35, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €43.43 per share. Declared Dividend • Apr 21
Dividend increased to €0.17 Dividend of €0.17 is 21% higher than last year. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 70%. Reported Earnings • Apr 18
Full year 2023 earnings: Revenues exceed analyst expectations Full year 2023 results: Revenue: €368.4m (up 18% from FY 2022). Net income: €17.9m (up 9.5% from FY 2022). Profit margin: 4.9% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Buying Opportunity • Dec 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €27.46, 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 16%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Announcement • Nov 27
2G Energy AG to Report Q3, 2024 Results on Nov 25, 2024 2G Energy AG announced that they will report Q3, 2024 results on Nov 25, 2024 Announcement • Nov 25
2G Energy AG to Report Fiscal Year 2023 Results on Apr 11, 2024 2G Energy AG announced that they will report fiscal year 2023 results on Apr 11, 2024 Reported Earnings • Sep 11
First half 2023 earnings released: EPS: €0.15 (vs €0.097 in 1H 2022) First half 2023 results: EPS: €0.15 (up from €0.097 in 1H 2022). Revenue: €135.5m (up 19% from 1H 2022). Net income: €2.62m (up 50% from 1H 2022). Profit margin: 1.9% (up from 1.5% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year. Announcement • Aug 30
2G Energy AG (XTRA:2GB) signed a purchase agreement to acquire 100% stake in Nrgteq B.V. 2G Energy AG (XTRA:2GB) signed a purchase agreement to acquire 100% stake in Nrgteq B.V. on August 24, 2023. Product development will remain at the Rosmalen site, as will sales for the Benelux region and outside this previous core market, sales will be handled by the 2G subsidiaries or sales partners. The acquisition will take effect on September 1, 2023. Buying Opportunity • Aug 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.7%. The fair value is estimated to be €29.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 18% per annum over the same time period. Upcoming Dividend • Jun 07
Upcoming dividend of €0.14 per share at 0.5% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 16 June 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.0%). Price Target Changed • May 08
Price target decreased by 8.4% to €30.67 Down from €33.47, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €24.95. Stock is up 3.6% over the past year. The company is forecast to post earnings per share of €1.05 for next year compared to €0.91 last year. Reported Earnings • Apr 28
Full year 2022 earnings: Revenues exceed analyst expectations Full year 2022 results: Revenue: €319.1m (up 20% from FY 2021). Net income: €16.4m (up 30% from FY 2021). Profit margin: 5.1% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electrical industry in Germany. Announcement • Jan 05
2G Energy AG to Report Q3, 2023 Results on Nov 27, 2023 2G Energy AG announced that they will report Q3, 2023 results on Nov 27, 2023 Announcement • Nov 22
2G Energy AG to Report Fiscal Year 2022 Results on Mar 30, 2023 2G Energy AG announced that they will report fiscal year 2022 results on Mar 30, 2023 Reported Earnings • Sep 11
First half 2022 earnings released: EPS: €0 (vs €0.078 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €116.1m (up 7.2% from 1H 2021). Net income: €1.75m (up 25% from 1H 2021). Profit margin: 1.5% (up from 1.3% in 1H 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Announcement • Aug 26
2G Energy Ag Provides Sales Forecast for the Year 2022 2G Energy AG provided sales forecast for the year 2022. For the period, the company continues to expect consolidated sales of EUR 280 to 310 million (previous year: EUR 266 million) as well as an EBIT margin in the range of 6.0 to 8.0 % (previous year: 6.7 %). Announcement • Jul 09
2G Energy AG Provides Earnings Guidance for the Fiscal Year 2022; Fiscal Year 2024 and Fiscal Year 2026 2G Energy AG provided earnings guidance for the fiscal year 2022, 2024 and 2026. For the fiscal year 2022, the company expects net sales to be in between EUR 280 million to EUR 310 million and EBIT margin of 6% to 8%. For the fiscal year 2024, the company expects the net sales to be EUR 330 million and EBIT margin of 10%.For the fiscal year 2026, the company expects the net sales to be EUR 400 million and EBIT margin of 8.5% to 10%. Upcoming Dividend • May 30
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.0%). Reported Earnings • Apr 27
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €2.81 (up from €2.70 in FY 2020). Revenue: €266.3m (up 7.9% from FY 2020). Net income: €12.6m (up 5.3% from FY 2020). Profit margin: 4.7% (down from 4.8% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 23
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €269.8m (up 9.3% from FY 2020). Net income: €12.6m (up 5.3% from FY 2020). Profit margin: 4.7% (down from 4.8% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Announcement • Apr 22
2G Energy AG Proposes Dividend for the Year 2021 2G Energy AG announced that the Management and Supervisory boards have authorized a proposal to the AGM to be held on June 3, 2022 to approve an 11% year-on-year increase in the dividend to a level of 50 euro cents per share for the past financial year. Price Target Changed • Apr 11
Price target increased to €135 Up from €124, the current price target is an average from 3 analysts. New target price is 15% above last closing price of €117. Stock is up 31% over the past year. The company is forecast to post earnings per share of €2.56 for next year compared to €2.70 last year. Announcement • Apr 01
2G Energy AG Provides Earnings Guidance for the Year 2022 2G Energy AG provided earnings guidance for the year 2022. Management Board confirms net sales guidance EUR 280 million to EUR 310 million with EBIT margin between 6.0% and 8.0%. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 15% share price gain to €117, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 31x in the Electrical industry in Germany. Total returns to shareholders of 291% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €141 per share. Buying Opportunity • Jan 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% per annum over the last 3 years. Earnings per share has grown by 20% per annum over the last 3 years. Announcement • Jan 20
2G Energy AG Raises Earnings Guidance for the Fourth Quarter and Full Year 2021 2G Energy AG raises earnings guidance for the fourth quarter and full year 2021. For the quarter, the company expects sales to be EUR 52.1 million (previous year: EUR 36.8 million).For the year, the company expects net sales to be EUR 280 to 310 million. Previously, sales revenues were expected to be in a range between EUR 260 to 290 million. Price Target Changed • Nov 23
Price target increased to €120 Up from €110, the current price target is an average from 3 analysts. New target price is 11% above last closing price of €108. Stock is up 29% over the past year. The company is forecast to post earnings per share of €2.45 for next year compared to €2.70 last year. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 18% share price gain to €111, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 410% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €114 per share. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 18% share price gain to €104, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 411% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €106 per share. Reported Earnings • Sep 11
First half 2021 earnings released: EPS €0.31 (vs €0.33 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: €106.9m (up 25% from 1H 2020). Net income: €1.40m (down 4.6% from 1H 2020). Profit margin: 1.3% (down from 1.7% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 11
2G Energy AG (XTRA:2GB) acquired remaining 50% stake from the founding shareholder. 2G Energy AG (XTRA:2GB) acquired remaining 50% stake from the founding shareholder on June 9, 2021. Pre acquisition 2G Energy AG held 50% stake in Hjs Motoren Gmbh. Hjs Motoren Gmbh reported turnover of €7.3 million for the December 31, 2020.
2G Energy AG (XTRA:2GB) completed the acquisition of remaining 50% stake from the founding shareholder on June 9, 2021. Upcoming Dividend • Jun 09
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 16 June 2021. Payment date: 18 June 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).