Announcement • May 25
Piaggio & C. SpA to Report Q3, 2026 Results on Nov 06, 2026 Piaggio & C. SpA announced that they will report Q3, 2026 results on Nov 06, 2026 Reported Earnings • May 13
First quarter 2026 earnings released: EPS: €0.015 (vs €0.025 in 1Q 2025) First quarter 2026 results: EPS: €0.015 (down from €0.025 in 1Q 2025). Revenue: €341.7m (down 7.8% from 1Q 2025). Net income: €5.28m (down 40% from 1Q 2025). Profit margin: 1.5% (down from 2.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Apr 13
Piaggio & C. SpA, Annual General Meeting, Apr 15, 2026 Piaggio & C. SpA, Annual General Meeting, Apr 15, 2026, at 11:00 W. Europe Standard Time. Agenda: To consider financial statements of Piaggio & C. S.p.A. as of December 31, 2025 and allocation of profit for the year; to consider report on the remuneration policy and compensation paid; and to consider authorization to purchase and dispose of treasury shares pursuant to the combined provisions of articles 2357 and 2357-ter of the Italian Civil Code, as well as article 132 of Italian legislative decree no. 58/1998 and related implementing provisions, subject to withdrawal of the authorization granted by the ordinary shareholders’ meeting of April 15, 2025 for the portion not executed. Buy Or Sell Opportunity • Mar 10
Now 21% overvalued Over the last 90 days, the stock has fallen 9.9% to €1.66. The fair value is estimated to be €1.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 31%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Reported Earnings • Mar 08
Full year 2025 earnings released: EPS: €0.096 (vs €0.19 in FY 2024) Full year 2025 results: EPS: €0.096 (down from €0.19 in FY 2024). Revenue: €1.50b (down 12% from FY 2024). Net income: €34.0m (down 49% from FY 2024). Profit margin: 2.3% (down from 4.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 26% per year. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: €0.004 (vs €0.029 in 3Q 2024) Third quarter 2025 results: EPS: €0.004 (down from €0.029 in 3Q 2024). Revenue: €351.8m (down 4.1% from 3Q 2024). Net income: €1.54m (down 85% from 3Q 2024). Profit margin: 0.4% (down from 2.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 15
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 24 September 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 7.7%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (5.1%). Buy Or Sell Opportunity • Aug 07
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €1.95. The fair value is estimated to be €1.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.2% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. Declared Dividend • Aug 01
First half dividend of €0.04 announced Shareholders will receive a dividend of €0.04. Ex-date: 22nd September 2025 Payment date: 24th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: €0.06 (vs €0.094 in 2Q 2024) Second quarter 2025 results: EPS: €0.06 (down from €0.094 in 2Q 2024). Revenue: €481.9m (down 14% from 2Q 2024). Net income: €21.4m (down 36% from 2Q 2024). Profit margin: 4.4% (down from 5.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year. Buy Or Sell Opportunity • Jul 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €1.98. The fair value is estimated to be €1.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 2.5%. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Board Change • Jul 11
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Micaela Vescia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 12
First quarter 2025 earnings released: EPS: €0.025 (vs €0.053 in 1Q 2024) First quarter 2025 results: EPS: €0.025 (down from €0.053 in 1Q 2024). Revenue: €370.7m (down 13% from 1Q 2024). Net income: €8.73m (down 53% from 1Q 2024). Profit margin: 2.4% (down from 4.4% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • May 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to €1.66. The fair value is estimated to be €2.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.0%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Apr 15
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 22 April 2025. Payment date: 24 April 2025. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 8.5%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (5.5%). Declared Dividend • Mar 07
Final dividend of €0.04 announced Shareholders will receive a dividend of €0.04. Ex-date: 22nd April 2025 Payment date: 24th April 2025 Dividend yield will be 7.7%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) nor is it covered by cash flows (dividend approximately 9x free cash flows). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 29% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Feb 25
Piaggio & C. SpA to Report Fiscal Year 2024 Results on Mar 04, 2025 Piaggio & C. SpA announced that they will report fiscal year 2024 results on Mar 04, 2025 Announcement • Dec 21
Piaggio & C. SpA to Report First Half, 2025 Results on Jul 29, 2025 Piaggio & C. SpA announced that they will report first half, 2025 results on Jul 29, 2025 Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: €0.029 (vs €0.059 in 3Q 2023) Third quarter 2024 results: EPS: €0.029 (down from €0.059 in 3Q 2023). Revenue: €366.9m (down 19% from 3Q 2023). Net income: €10.1m (down 52% from 3Q 2023). Profit margin: 2.8% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 16
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 25 September 2024. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of British dividend payers (5.3%). In line with average of industry peers (7.8%). Declared Dividend • Aug 02
First half dividend of €0.12 announced Shareholders will receive a dividend of €0.12. Ex-date: 23rd September 2024 Payment date: 25th September 2024 Dividend yield will be 7.6%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: €0.094 (vs €0.12 in 2Q 2023) Second quarter 2024 results: EPS: €0.094 (down from €0.12 in 2Q 2023). Revenue: €562.3m (down 10% from 2Q 2023). Net income: €33.4m (down 18% from 2Q 2023). Profit margin: 5.9% (down from 6.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto industry in Europe. 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 8% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 27
Now 24% overvalued The stock has been flat over the last 90 days, currently trading at €2.71. The fair value is estimated to be €2.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. Reported Earnings • May 13
First quarter 2024 earnings released: EPS: €0.053 (vs €0.068 in 1Q 2023) First quarter 2024 results: EPS: €0.053 (down from €0.068 in 1Q 2023). Revenue: €428.0m (down 22% from 1Q 2023). Net income: €18.7m (down 23% from 1Q 2023). Profit margin: 4.4% (in line with 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 15
Upcoming dividend of €0.08 per share Eligible shareholders must have bought the stock before 22 April 2024. Payment date: 24 April 2024. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 7.2%. Within top quartile of British dividend payers (6.1%). Higher than average of industry peers (5.6%). Declared Dividend • Mar 07
Final dividend of €0.08 announced Shareholders will receive a dividend of €0.08. Ex-date: 22nd April 2024 Payment date: 24th April 2024 Dividend yield will be 7.1%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (322% cash payout ratio). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: €0.26 (vs €0.24 in FY 2022) Full year 2023 results: EPS: €0.26 (up from €0.24 in FY 2022). Revenue: €1.99b (down 4.4% from FY 2022). Net income: €91.1m (up 7.3% from FY 2022). Profit margin: 4.6% (up from 4.1% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: €0.059 (vs €0.072 in 3Q 2022) Third quarter 2023 results: EPS: €0.059 (down from €0.072 in 3Q 2022). Revenue: €454.2m (down 21% from 3Q 2022). Net income: €20.9m (down 19% from 3Q 2022). Profit margin: 4.6% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 11
Upcoming dividend of €0.13 per share at 7.1% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 20 September 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (6.0%). Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: €0.12 (vs €0.091 in 2Q 2022) Second quarter 2023 results: EPS: €0.12 (up from €0.091 in 2Q 2022). Revenue: €625.3m (up 4.7% from 2Q 2022). Net income: €40.7m (up 25% from 2Q 2022). Profit margin: 6.5% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto industry in Europe. 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 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: €0.068 (vs €0.035 in 1Q 2022) First quarter 2023 results: EPS: €0.068 (up from €0.035 in 1Q 2022). Revenue: €546.8m (up 20% from 1Q 2022). Net income: €24.1m (up 90% from 1Q 2022). Profit margin: 4.4% (up from 2.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 17
Upcoming dividend of €0.10 per share at 4.6% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 26 April 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.4%). Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: €0.24 (vs €0.17 in FY 2021) Full year 2022 results: EPS: €0.24 (up from €0.17 in FY 2021). Revenue: €2.09b (up 25% from FY 2021). Net income: €84.9m (up 41% from FY 2021). Profit margin: 4.1% (up from 3.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.072 (vs €0.023 in 3Q 2021) Third quarter 2022 results: EPS: €0.072 (up from €0.023 in 3Q 2021). Revenue: €573.8m (up 37% from 3Q 2021). Net income: €25.7m (up 219% from 3Q 2021). Profit margin: 4.5% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €573.8m (up 37% from 3Q 2021). Net income: €25.7m (up 219% from 3Q 2021). Profit margin: 4.5% (up from 1.9% in 3Q 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto industry in Europe. Buying Opportunity • Oct 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be €2.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Buying Opportunity • Sep 16
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €2.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Buying Opportunity • Aug 24
Now 20% undervalued Over the last 90 days, the stock is up 2.5%. The fair value is estimated to be €3.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Buying Opportunity • Aug 09
Now 20% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be €3.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: €0.092 (vs €0.091 in 2Q 2021) Second quarter 2022 results: EPS: €0.092 (up from €0.091 in 2Q 2021). Revenue: €597.3m (up 16% from 2Q 2021). Net income: €32.5m (flat on 2Q 2021). Profit margin: 5.4% (down from 6.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.2%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 03
First quarter 2022 earnings released: EPS: €0.035 (vs €0.031 in 1Q 2021) First quarter 2022 results: EPS: €0.035 (up from €0.031 in 1Q 2021). Revenue: €455.8m (up 19% from 1Q 2021). Net income: €12.7m (up 14% from 1Q 2021). Profit margin: 2.8% (down from 2.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.9%, compared to a 9.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 12
Upcoming dividend of €0.065 per share Eligible shareholders must have bought the stock before 19 April 2022. Payment date: 21 April 2022. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 6.1%. Within top quartile of British dividend payers (4.6%). In line with average of industry peers (6.1%). Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.17 (up from €0.088 in FY 2020). Revenue: €1.67b (up 27% from FY 2020). Net income: €60.1m (up 92% from FY 2020). Profit margin: 3.6% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 3.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS €0.022 (vs €0.056 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €417.6m (up 6.0% from 3Q 2020). Net income: €8.07m (down 60% from 3Q 2020). Profit margin: 1.9% (down from 5.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 13
Upcoming dividend of €0.085 per share Eligible shareholders must have bought the stock before 20 September 2021. Payment date: 22 September 2021. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (3.9%). Higher than average of industry peers (2.3%). Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS €0.091 (vs €0.017 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €517.0m (up 79% from 2Q 2020). Net income: €32.4m (up 446% from 2Q 2020). Profit margin: 6.3% (up from 2.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • May 02
First quarter 2021 earnings released: EPS €0.031 (vs €0.009 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €384.7m (up 24% from 1Q 2020). Net income: €11.1m (up 254% from 1Q 2020). Profit margin: 2.9% (up from 1.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 12
Upcoming dividend of €0.026 per share Eligible shareholders must have bought the stock before 19 April 2021. Payment date: 21 April 2021. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (4.2%). Lower than average of industry peers (2.0%). Reported Earnings • Mar 25
Full year 2020 earnings released: EPS €0.088 (vs €0.13 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.31b (down 14% from FY 2019). Net income: €31.3m (down 33% from FY 2019). Profit margin: 2.4% (down from 3.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 11% per year. Analyst Estimate Surprise Post Earnings • Mar 03
Revenue misses expectations Revenue missed analyst estimates by 0.04%. Over the next year, revenue is forecast to grow 20%, compared to a 28% growth forecast for the Auto industry in the United Kingdom. Reported Earnings • Mar 03
Full year 2020 earnings released: EPS €0.088 (vs €0.13 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.31b (down 14% from FY 2019). Net income: €31.3m (down 33% from FY 2019). Profit margin: 2.4% (down from 3.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Is New 90 Day High Low • Mar 01
New 90-day high: €3.19 The company is up 21% from its price of €2.63 on 01 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto 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 €2.56 per share. Is New 90 Day High Low • Feb 02
New 90-day high: €3.01 The company is up 28% from its price of €2.36 on 03 November 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto 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 €1.69 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €2.78 The company is up 13% from its price of €2.45 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto 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 €1.66 per share. Is New 90 Day High Low • Dec 24
New 90-day high: €2.73 The company is up 21% from its price of €2.26 on 24 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.66 per share. Is New 90 Day High Low • Nov 14
New 90-day high: €2.55 The company is up 1.0% from its price of €2.52 on 14 August 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto 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 €1.34 per share. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS €0.056 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €393.7m (up 2.7% from 3Q 2019). Net income: €20.0m (up 75% from 3Q 2019). Profit margin: 5.1% (up from 3.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 14%, compared to a 5.9% growth forecast for the Auto industry in the United Kingdom. Analyst Estimate Surprise Post Earnings • Oct 31
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 1.2% at €393.7m. Revenue is forecast to grow 14% over the next year, compared to a 3.6% growth forecast for the Auto industry in the United Kingdom. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of €29.8m, down 35% from the prior year. Total revenue was €1.31b over the last 12 months, down 12% from the prior year. Is New 90 Day High Low • Oct 29
New 90-day low: €2.03 The company is down 12% from its price of €2.31 on 30 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.28 per share.