How does AB9's PE Ratio compare to its peers?

AB9 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (24.8x).

How does AB9's PE Ratio compare vs other companies in the European Renewable Energy Industry?

AB9 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the European Renewable Energy industry average (16.6x).

What is AB9's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AB9 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (22.4x).

What is the Fair Price of AB9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AB9 (€38) is trading above our estimate of [[fair value]] (€18.47)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

ABO Energy GmbH KGaA (DB:AB9) - Stock Price, News & Analysis

AB9 Stock Overview

Develops renewable energy projects in Germany and internationally. More details

AB9 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	3/6
Dividends	1/6

Rewards

Price-To-Earnings ratio (11.8x) is below the German market (15.5x)

Earnings are forecast to grow 11.57% per year

Earnings grew by 24.5% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

ABO Energy GmbH & Co. KGaA Competitors

RWE

XTRA:RWE

€23.1b

7C Solarparken

XTRA:HRPK

€156.9m

clearvise

XTRA:ABO

€128.9m

Vivant

PSE:VVT

₱17.9b

Price History & Performance

Summary of all time highs, changes and price drops for ABO Energy GmbH KGaA
Historical stock prices
Current Share Price	€38.00
52 Week High	€60.80
52 Week Low	€33.90
Beta	0.91
11 Month Change	-12.64%
3 Month Change	-14.99%
1 Year Change	-13.44%
33 Year Change	-35.37%
5 Year Change	n/a
Change since IPO	120.93%

Recent updates

Shareholder Returns

	AB9	DE Renewable Energy	DE Market
7D	-1.6%	-1.7%	-0.02%
1Y	-13.4%	-32.2%	8.2%

Return vs Industry: AB9 exceeded the German Renewable Energy industry which returned -32.2% over the past year.

Return vs Market: AB9 underperformed the German Market which returned 8.2% over the past year.

Price Volatility

Is AB9's price volatile compared to industry and market?
AB9 volatility
AB9 Average Weekly Movement	6.5%
Renewable Energy Industry Average Movement	3.3%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: AB9 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: AB9's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	1,375	n/a	www.aboenergy.com

ABO Energy GmbH & Co. KGaA develops renewable energy projects in Germany and internationally. The company develops, constructs, and sells wind, solar, battery storage systems, and hydrogen projects; and offers operational management and maintenance services for renewable energy plants. As of December 31, 2023, it managed 158 projects with 624 wind turbines and distributed a total of 1,702 megawatts to Germany, France, Finland, Ireland, and Poland.

ABO Energy GmbH & Co. KGaA Fundamentals Summary

How do ABO Energy GmbH KGaA's earnings and revenue compare to its market cap?
AB9 fundamental statistics
Market cap	€351.32m
Earnings (TTM)	€29.73m
Revenue (TTM)	€291.52m

11.8x

P/E Ratio

1.2x

P/S Ratio

Is AB9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AB9 income statement (TTM)
Revenue	€291.52m
Cost of Revenue	€83.02m
Gross Profit	€208.50m
Other Expenses	€178.77m
Earnings	€29.73m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.22
Gross Margin	71.52%
Net Profit Margin	10.20%
Debt/Equity Ratio	151.2%

How did AB9 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

19%

Payout Ratio

AB9 Stock Overview

Rewards

Risk Analysis

ABO Energy GmbH & Co. KGaA Competitors

XTRA:RWE

€23.1b

XTRA:HRPK

€156.9m

XTRA:ABO

€128.9m

PSE:VVT

₱17.9b

Price History & Performance

Recent News & Updates

Now 20% overvalued

ABO Wind AG to Report First Half, 2024 Results on Aug 31, 2024

Upcoming dividend of €0.60 per share

Enkraft Seeks Special Auditor at ABO Wind

Full year 2023 earnings released

Dividend increased to €0.60

Recent updates

Now 20% overvalued

ABO Wind AG to Report First Half, 2024 Results on Aug 31, 2024

Upcoming dividend of €0.60 per share

Enkraft Seeks Special Auditor at ABO Wind

Full year 2023 earnings released

Dividend increased to €0.60

New minor risk - Financial data availability

Investor sentiment improves as stock rises 16%

Enkraft Capital Urges ABO Wind to Give Up Legal Form Change

Upcoming dividend of €0.54 per share at 0.8% yield

Full year 2022 earnings released

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 16%

ABO Wind AG Announces Resignation of Jörg Lukowsky as Acting Chairman of the Supervisory Board, Effective April 27, 2022

Wirtgen Invest Energy GmbH acquired 50-MW solar park in northwestern Greecefrom ABO Wind AG (XTRA:AB9).

First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021)

ABO Wind AG Expands Managing Board

Upcoming dividend of €0.49 per share

Full year 2021 earnings: Revenues miss analyst expectations

Investor sentiment improved over the past week

Now 24% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Alpiq Holding AG acquired 18 MW Photovoltaic Portfolio in Spain from ABO Wind AG (HMSE:AB9).

Upcoming dividend of €0.45 per share

Full year 2020 earnings released: EPS €1.42 (vs €1.48 in FY 2019)

ABO Wind AG, Annual General Meeting, Apr 23, 2021

Blue Elephant Energy AG agreed to acquire 45 Megawatt Solar Projects in Greece from ABO Wind AG (HMSE:AB9).

Investor sentiment improved over the past week

New 90-day high: €50.00

New 90-day high: €47.00

An unknown buyer acquired Two 10-MW RenovAR solar projects in Argentina from ABO Wind AG (HMSE:AB9).

Investor sentiment improved over the past week

New 90-day high: €40.20

ABO Wind AG announced that it expects to receive €16 million in funding

ABO Wind AG announced that it expects to receive €16 million in funding

New 90-day high: €32.20

Trianel Erneuerbare Energien GmbH & Co. KG acquired Spreeau Wind Project in Brandenburg, Germany from ABO Wind AG (HMSE:AB9).

ABO Wind AG Secures Tariffs in Innovation Tender

New 90-day high: €28.40

Earnings released

New 90-day high - €23.80

ABO Wind AG announced that it has received €4.08 million in funding from Capricorn Partners, and other investors

ABO Wind AG announced that it expects to receive €4.08 million in funding

Shareholder Returns

Price Volatility

About the Company

ABO Energy GmbH & Co. KGaA Fundamentals Summary

11.8x

1.2x

Earnings & Revenue

Dividends

1.6%

19%