Buy Or Sell Opportunity • Jul 06
Now 22% undervalued Over the last 90 days, the stock has risen 69% to €67.20. The fair value is estimated to be €86.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 30% per annum over the same time period. Reported Earnings • Jul 02
Full year 2025 earnings released Full year 2025 results: Revenue: €405.3m (up 7.5% from FY 2024). Net income: €16.8m (down 29% from FY 2024). Profit margin: 4.1% (down from 6.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Germany. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €70.15, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 26x in the Electrical industry in Germany. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €88.13 per share. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €69.15, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 29x in the Electrical industry in Germany. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.98 per share. Price Target Changed • May 27
Price target increased by 59% to €65.00 Up from €40.83, the current price target is an average from 4 analysts. New target price is 7.4% below last closing price of €70.20. Stock is up 131% 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 27
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 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. 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. 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 • Oct 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €23.30, 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 €40.98 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%). 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 0.8%, 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 €27.52, 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 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.0%. The fair value is estimated to be €29.19, 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%). Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €27.60, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electrical industry in Europe. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.59 per share. 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. Price Target Changed • Apr 06
Price target decreased by 8.9% to €30.50 Down from €33.47, the current price target is an average from 3 analysts. New target price is 37% above last closing price of €22.25. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.84 for next year compared to €0.70 last year. 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 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 17% share price gain to €21.45, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 129% over the past three years. 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. 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%). Price Target Changed • Apr 27
Price target increased to €136 Up from €126, the current price target is an average from 3 analysts. New target price is 32% above last closing price of €103. Stock is up 14% over the past year. The company is forecast to post earnings per share of €3.10 for next year compared to €2.81 last year. 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. 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 12% above last closing price of €121. Stock is up 34% 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. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 18% share price gain to €115, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 32x in the Electrical industry in Germany. Total returns to shareholders of 275% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €140 per share. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €94.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €140 per share. 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 approximately in line with last closing price of €116. Stock is up 41% 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 15
Investor sentiment improved over the past week After last week's 17% share price gain to €110, 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 411% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €113 per share. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improved over the past week After last week's 19% share price gain to €104, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 421% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €107 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 66% per year, which means it is tracking significantly ahead of earnings growth. 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%). Reported Earnings • May 01
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €249.1m (up 5.4% from FY 2019). Net income: €12.0m (up 16% from FY 2019). Profit margin: 4.8% (up from 4.4% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 06
New 90-day high: €105 The company is up 65% from its price of €63.70 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €81.43 per share. Price Target Changed • Feb 02
Price target raised to €91.20 Up from €81.20, the current price target is an average from 3 analysts. The new target price is 5.8% below the current share price of €96.80. As of last close, the stock is up 110% over the past year. Is New 90 Day High Low • Jan 15
New 90-day high: €100.00 The company is up 46% from its price of €68.70 on 16 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 Electrical industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €76.26 per share. Is New 90 Day High Low • Dec 29
New 90-day high: €88.00 The company is up 28% from its price of €68.60 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 Electrical industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.52 per share. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 23% share price gain to €78.50, the stock is trading at a trailing P/E ratio of 33.2x, up from the previous P/E ratio of 27x. This compares to an average P/E of 34x in the Electrical industry in Germany. Total returns to shareholders over the past three years are 302%. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 24% share price gain to €78.00, the stock is trading at a trailing P/E ratio of 31.3x, up from the previous P/E ratio of 25.2x. This compares to an average P/E of 33x in the Electrical industry in Germany. Total returns to shareholders over the past three years are 297%. Is New 90 Day High Low • Nov 11
New 90-day high: €78.00 The company is up 6.0% from its price of €73.80 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €64.82 per share. Is New 90 Day High Low • Oct 21
New 90-day low: €62.60 The company is down 18% from its price of €76.40 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €57.17 per share. Is New 90 Day High Low • Sep 27
New 90-day low: €65.00 The company is down 4.0% from its price of €67.90 on 29 June 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical 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 €71.55 per share. Reported Earnings • Sep 19
First half earnings released Over the last 12 months the company has reported total profits of €10.2m, up 21% from the prior year. Total revenue was €226.1m over the last 12 months, up 2.1% from the prior year.