Mainova AG

DB:MNV6 Stock Report

Market Cap: €2.4b

Mainova Past Earnings Performance

Past criteria checks 1/6

Mainova's earnings have been declining at an average annual rate of -7.1%, while the Integrated Utilities industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 3.8% per year. Mainova's return on equity is 5.5%, and it has net margins of 3.3%.

Key information

-7.06%

Earnings growth rate

-11.02%

EPS growth rate

Integrated Utilities Industry Growth8.06%
Revenue growth rate3.78%
Return on equity5.49%
Net Margin3.27%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article Jan 11

There's Been No Shortage Of Growth Recently For Mainova's (FRA:MNV6) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Aug 31

Mainova (FRA:MNV6) Might Have The Makings Of A Multi-Bagger

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article Aug 04

Little Excitement Around Mainova AG's (FRA:MNV6) Earnings

With a price-to-earnings (or "P/E") ratio of 7.7x Mainova AG ( FRA:MNV6 ) may be sending very bullish signals at the...
Analysis Article Jun 11

Is Mainova (FRA:MNV6) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 19

Mainova (FRA:MNV6) Is Due To Pay A Dividend Of €10.84

Mainova AG's ( FRA:MNV6 ) investors are due to receive a payment of €10.84 per share on 26th of June. The dividend...
Analysis Article Mar 24

Sentiment Still Eluding Mainova AG (FRA:MNV6)

With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Integrated Utilities industry in Germany, you...
Analysis Article Dec 08

Take Care Before Diving Into The Deep End On Mainova AG (FRA:MNV6)

With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Integrated Utilities industry in Germany, you...
Analysis Article Nov 02

Is Mainova (FRA:MNV6) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 25

Estimating The Intrinsic Value Of Mainova AG (FRA:MNV6)

Key Insights The projected fair value for Mainova is €329 based on Dividend Discount Model With €364 share price...
Analysis Article Aug 28

Mainova AG (FRA:MNV6) Doing What It Can To Lift Shares

There wouldn't be many who think Mainova AG's ( FRA:MNV6 ) price-to-sales (or "P/S") ratio of 0.4x is worth a mention...
Analysis Article Aug 06

Investors Met With Slowing Returns on Capital At Mainova (FRA:MNV6)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Dec 21

It's A Story Of Risk Vs Reward With Mainova AG (FRA:MNV6)

With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Integrated Utilities industry in Germany, you...
Analysis Article Oct 11

Mainova (FRA:MNV6) Has Debt But No Earnings; Should You Worry?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 24

Mainova (FRA:MNV6) Has Debt But No Earnings; Should You Worry?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 03

Returns On Capital At Mainova (FRA:MNV6) Have Hit The Brakes

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 03

Returns On Capital At Mainova (FRA:MNV6) Have Stalled

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jun 20

Here's What To Make Of Mainova's (FRA:MNV6) Decelerating Rates Of Return

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article May 10

These 4 Measures Indicate That Mainova (FRA:MNV6) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 20

Does Mainova (FRA:MNV6) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 01

There's Been No Shortage Of Growth Recently For Mainova's (FRA:MNV6) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Nov 25

Mainova (FRA:MNV6) Is Looking To Continue Growing Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Sep 30

These 4 Measures Indicate That Mainova (FRA:MNV6) Is Using Debt Safely

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 05

Calculating The Intrinsic Value Of Mainova AG (FRA:MNV6)

Does the September share price for Mainova AG ( FRA:MNV6 ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Aug 09

Mainova (FRA:MNV6) Shareholders Will Want The ROCE Trajectory To Continue

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jun 01

Calculating The Fair Value Of Mainova AG (FRA:MNV6)

How far off is Mainova AG ( FRA:MNV6 ) from its intrinsic value? Using the most recent financial data, we'll take a...
Analysis Article Apr 16

Should You Buy Mainova AG (FRA:MNV6) For Its Dividend?

Could Mainova AG ( FRA:MNV6 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
Analysis Article Feb 22

Can Mainova (FRA:MNV6) Turn Things Around?

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Analysis Article Dec 29

How Much Does Mainova's (FRA:MNV6) CEO Make?

Constantin Alsheimer is the CEO of Mainova AG ( FRA:MNV6 ), and in this article, we analyze the executive's...
Analysis Article Nov 25

Read This Before Buying Mainova AG (FRA:MNV6) For Its Dividend

Today we'll take a closer look at Mainova AG (FRA:MNV6) from a dividend investor's perspective. Owning a strong...

Revenue & Expenses Breakdown

How Mainova makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:MNV6 Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 254,2031373390
30 Sep 254,3621773320
30 Jun 253,9782173390
31 Mar 253,9352603340
31 Dec 243,8923043300
30 Sep 243,9431803220
30 Jun 243,994573140
31 Mar 244,314883060
31 Dec 234,6341192970
30 Sep 235,623292930
30 Jun 236,612-622880
31 Mar 236,893-1302860
31 Dec 227,175-1982830
30 Sep 226,247322770
30 Jun 225,3192632720
31 Mar 224,5423132690
31 Dec 213,7643642660
30 Sep 213,1983232620
30 Jun 212,6322822580
31 Mar 212,4552242530
31 Dec 202,2781672480
30 Sep 202,2551142440
30 Jun 202,231622420
31 Mar 202,266492390
31 Dec 192,301352360
30 Sep 192,257522330
30 Jun 192,195812370
31 Mar 192,1281052350
31 Dec 182,0801162240
30 Sep 182,0641242270
30 Jun 182,0491332310
31 Mar 182,0311152290
31 Dec 172,014962280
30 Sep 171,996822250
30 Jun 171,977672220
31 Mar 171,981882210
31 Dec 161,9861082200
30 Sep 161,9691062160
30 Jun 161,9531032130
31 Mar 161,964912150
31 Dec 151,974802180
30 Sep 151,999942190
30 Jun 152,0251092210

Quality Earnings: MNV6 has high quality earnings.

Growing Profit Margin: MNV6's current net profit margins (3.3%) are lower than last year (7.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MNV6's earnings have declined by 7.1% per year over the past 5 years.

Accelerating Growth: MNV6's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MNV6 had negative earnings growth (-54.7%) over the past year, making it difficult to compare to the Integrated Utilities industry average (-7.9%).


Return on Equity

High ROE: MNV6's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 23:49
End of Day Share Price 2026/05/20 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mainova AG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.