Upcoming Dividend • May 21
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (0.6%). Announcement • Apr 17
Energiekontor AG, Annual General Meeting, May 27, 2026 Energiekontor AG, Annual General Meeting, May 27, 2026, at 10:30 W. Europe Standard Time. Announcement • Apr 01
Energiekontor AG announces Annual dividend, payable on June 01, 2026 Energiekontor AG announced Annual dividend of EUR 1.0000 per share payable on June 01, 2026, ex-date on May 28, 2026 and record date on May 29, 2026. Price Target Changed • Dec 30
Price target decreased by 7.0% to €92.50 Down from €99.50, the current price target is an average from 2 analysts. New target price is 160% above last closing price of €35.60. Stock is down 26% over the past year. The company posted earnings per share of €1.62 last year. Announcement • May 22
Energiekontor AG, Annual General Meeting, Jul 02, 2025 Energiekontor AG, Annual General Meeting, Jul 02, 2025, at 10:30 W. Europe Standard Time. Announcement • Apr 01
Energiekontor AG announces Annual dividend, payable on June 02, 2025 Energiekontor AG announced Annual dividend of EUR 0.5000 per share payable on June 02, 2025, ex-date on May 29, 2025 and record date on May 30, 2025. Reported Earnings • Aug 18
First half 2024 earnings released: EPS: €0.85 (vs €1.50 in 1H 2023) First half 2024 results: EPS: €0.85 (down from €1.50 in 1H 2023). Revenue: €78.0m (up 20% from 1H 2023). Net income: €11.8m (down 44% from 1H 2023). Profit margin: 15% (down from 32% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 05
Price target increased by 9.7% to €136 Up from €124, the current price target is an average from 3 analysts. New target price is 114% above last closing price of €63.50. Stock is down 12% over the past year. The company is forecast to post earnings per share of €2.73 for next year compared to €5.97 last year. Upcoming Dividend • May 23
Upcoming dividend of €1.20 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.7%). Announcement • Apr 28
Energiekontor AG to Report Q1, 2024 Results on May 13, 2024 Energiekontor AG announced that they will report Q1, 2024 results on May 13, 2024 Reported Earnings • Mar 30
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: €5.98 (up from €3.18 in FY 2022). Revenue: €246.6m (up 32% from FY 2022). Net income: €83.3m (up 87% from FY 2022). Profit margin: 34% (up from 24% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 27% p.a. on average during the next 2 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 48% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Energiekontor AG, Annual General Meeting, May 29, 2024 Energiekontor AG, Annual General Meeting, May 29, 2024. Agenda: To consider the dividend distribution for the financial year 2023. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €78.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electrical industry in Europe. Total returns to shareholders of 49% over the past three years. Announcement • Dec 20
Energiekontor AG to Report Q2, 2024 Results on Aug 12, 2024 Energiekontor AG announced that they will report Q2, 2024 results on Aug 12, 2024 Announcement • Dec 17
Energiekontor AG Provides Earnings Guidance for 2023 Energiekontor AG provided earnings guidance for 2023. The company currently expects group EBT of between EUR 80 million and EUR 100 million in the 2023 financial year. This equates to a rise in Group EBT of around 30% to 60% compared to the previous year. Price Target Changed • Nov 15
Price target decreased by 9.8% to €120 Down from €133, the current price target is an average from 4 analysts. New target price is 73% above last closing price of €69.10. Stock is down 22% over the past year. The company is forecast to post earnings per share of €3.60 for next year compared to €3.18 last year. Announcement • Nov 13
Energiekontor AG to Report Fiscal Year 2023 Results on Mar 28, 2024 Energiekontor AG announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Aug 16
First half 2023 earnings released: EPS: €1.50 (vs €0.61 in 1H 2022) First half 2023 results: EPS: €1.50 (up from €0.61 in 1H 2022). Revenue: €65.2m (up 24% from 1H 2022). Net income: €21.0m (up 145% from 1H 2022). Profit margin: 32% (up from 16% in 1H 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 11
Upcoming dividend of €1.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to €76.80, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 317% over the past three years. Announcement • Feb 10
Encavis AG (XTRA:ECV) acquired wind farm project in Bergheim from Energiekontor AG (XTRA:EKT). Encavis AG (XTRA:ECV) acquired wind farm project in Bergheim from Energiekontor AG (XTRA:EKT) on February 8, 2023.Encavis AG (XTRA:ECV) completed the acquisition of wind farm project in Bergheim from Energiekontor AG (XTRA:EKT) on February 8, 2023. Announcement • Feb 09
Encavis AG (XTRA:ECV) acquired 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT). Encavis AG (XTRA:ECV) acquired 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT) on February 8, 2023.Encavis AG (XTRA:ECV) completed the acquisition of 11.2 MW wind farm in North Rhine-Westphalia, Germany from Energiekontor AG (XTRA:EKT) on February 8, 2023. Price Target Changed • Aug 15
Price target increased to €122 Up from €112, the current price target is an average from 3 analysts. New target price is 27% above last closing price of €96.30. Stock is up 76% over the past year. The company is forecast to post earnings per share of €2.91 for next year compared to €2.54 last year. Reported Earnings • Aug 13
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €5.65m from profit in 1H 2021). Profit margin: (down from 14% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 92%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year whereas the company’s share price has increased by 78% per year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €81.60, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 363% over the past three years. Upcoming Dividend • May 13
Upcoming dividend of €0.90 per share Eligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (1.1%). Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €77.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 433% over the past three years. Price Target Changed • Apr 27
Price target increased to €112 Up from €104, the current price target is an average from 3 analysts. New target price is 22% above last closing price of €91.20. Stock is up 60% over the past year. The company is forecast to post earnings per share of €2.91 for next year compared to €2.54 last year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 18% share price gain to €100.00, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 585% over the past three years. Reported Earnings • Apr 03
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: €2.54 (up from €1.43 in FY 2020). Revenue: €158.7m (up 8.2% from FY 2020). Net income: €36.2m (up 77% from FY 2020). Profit margin: 23% (up from 14% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 125%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 22% share price gain to €69.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 28x in the Electrical industry in Germany. Total returns to shareholders of 380% over the past three years. Price Target Changed • Nov 17
Price target increased to €92.43 Up from €86.33, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €77.40. Stock is up 90% over the past year. The company is forecast to post earnings per share of €1.93 for next year compared to €1.43 last year. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improved over the past week After last week's 20% share price gain to €69.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 461% over the past three years. Reported Earnings • Aug 18
First half 2021 earnings released: EPS €0.40 (vs €0.73 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: €40.2m (down 38% from 1H 2020). Net income: €5.65m (down 46% from 1H 2020). Profit margin: 14% (down from 16% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 22
Energiekontor AG (XTRA:EKT) announces an Equity Buyback for 150,000 shares, for €9 million. Energiekontor AG (XTRA:EKT) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, for €9 million. The plan will be valid till June 30, 2022. Upcoming Dividend • May 14
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 21 May 2021. Payment date: 26 May 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.8%). Reported Earnings • Apr 04
Full year 2020 earnings released: EPS €1.43 (vs €0.017 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €149.9m (up 135% from FY 2019). Net income: €20.4m (up €20.2m from FY 2019). Profit margin: 14% (up from 0.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 01
Price target increased to €80.80 Up from €74.93, the current price target is an average from 3 analysts. New target price is 38% above last closing price of €58.60. Stock is up 228% over the past year. Announcement • Feb 11
Energiekontor and EnBW Conclude Another Long-Term Power Purchase Agreement for A Large Solar Park EnBW Energie Baden-Württemberg AG and Energiekontor AG have again concluded a long-term power purchase agreement (PPA) for a solar park planned by Energiekontor. The solar park, which Energiekontor is planning to build in the municipality of Dettmannsdorf in Mecklenburg-Western Pomerania, east of Rostock, is to produce around 55.5 gigawatt hours of electricity per year with an installed capacity of approximately 52.3 megawatts. This is enough to cover the annual electricity needs of around 18,500 households. Construction is scheduled to begin in autumn 2021. Commissioning is scheduled for the second quarter of 2022. The power purchase agreement now concluded between EnBW and Energiekontor is the second between the two partners. The PPA concluded in 2019 was the first of its kind ever in Germany. A PPA allows Energiekontor to build and operate the solar park without EEG subsidies. The latest agreement stipulates that EnBW will purchase 100% of the electricity at a fixed price. Within the agreed contract period of 15 years, the two companies assume a total produced electricity volume of around 830 gigawatt hours. It is remarkable that the project is not only explicitly and actively endorsed by the contracting parties, but by all project-relevant partners. This is almost unique for a project of this size and is related to the multitude of benefits for all parties involved. On the one hand, local non-profit organizations are supported, and on the other hand, local agribusinesses are strengthened through ongoing and long-term rental income, so that they have financial planning capability and resources for measures against the effects of climate change, such as periods of drought. The community generates rental and business tax revenue and employment opportunities for local businesses. Announcement • Jan 13
Energiekontor AG Concludes Power Purchase Agreements (PPAs) for Existing Wind Farms Energiekontor AG announced that it has concluded a series of PPAs for 22 existing wind farms with a total of 123 wind turbines and a total output of around 120 MW. The amount of electricity is sufficient to cover the electricity needs of around 60,000 average German households in purely mathematical terms. The contracts have a term of 1-2 years. The relatively short term was chosen because stronger demand for electricity and rising wholesale electricity prices are expected after the Corona pandemic will be overcome. In addition, the political impulses at EU level for the expansion of renewable energies, the national hydrogen strategy, the gradual decommissioning of fossil-fuelled power plants and the planned nuclear phase-out are seen as price-promoting factors. In principle, Energiekontor aims to repower wind farms after the expiry of the EEG compensation, i. e. to replace the old turbines with modern, more efficient and more powerful new wind turbines. The PPAs concluded do not represent an obstacle to repowering. PPAs are not only of great importance for legacy parks but are also increasingly developing into the central economic basis for the realisation of renewable energy projects. Energiekontor is a pioneer in this field and has already realised various new wind and solar projects on a pure PPA basis without state subsidies. In the current year alone, new solar projects with a volume of up to 180 MW are to go into construction. Is New 90 Day High Low • Jan 05
New 90-day high: €59.60 The company is up 57% from its price of €37.90 on 07 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 Electrical industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.66 per share. Announcement • Jan 01
7C Solarparken AG (XTRA:HRPK) acquired Höttingen solar park from Energiekontor AG (XTRA:EKT). 7C Solarparken AG (XTRA:HRPK) acquired Höttingen solar park from Energiekontor AG (XTRA:EKT) on December 30, 2020. A novelty is the length of the financing term of the solar park. For the first time, financing was concluded for 23 years (instead of the usual 20 years).
7C Solarparken AG (XTRA:HRPK) completed the acquisition of Höttingen solar park from Energiekontor AG (XTRA:EKT) on December 30, 2020. Is New 90 Day High Low • Dec 10
New 90-day high: €45.00 The company is up 42% from its price of €31.60 on 11 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 Electrical 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 €6.85 per share. Is New 90 Day High Low • Nov 19
New 90-day high: €40.70 The company is up 52% from its price of €26.70 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 Electrical industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.99 per share. Announcement • Nov 11
Commerz Real AG acquired Heinsberg wind farm from Energiekontor AG (XTRA:EKT). Commerz Real AG acquired Heinsberg wind farm from Energiekontor AG (XTRA:EKT) on November 10, 2020.
Commerz Real AG completed the acquisition of Heinsberg wind farm from Energiekontor AG (XTRA:EKT) on November 10, 2020. Is New 90 Day High Low • Sep 30
New 90-day high: €38.90 The company is up 74% from its price of €22.30 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.01 per share. Announcement • Sep 29
Commerz Real AG acquired Beckum Wind Farm from Energiekontor AG (XTRA:EKT). Commerz Real AG acquired Beckum Wind Farm from Energiekontor AG (XTRA:EKT) on September 28, 2020.
Commerz Real AG completed the acquisition of Beckum Wind Farm from Energiekontor AG (XTRA:EKT) on September 28, 2020. 
