Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €17.08, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Auto Components industry in Europe. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.16 per share. Upcoming Dividend • Apr 21
Upcoming dividend of €0.49 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (3.5%). Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €15.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Auto Components industry in Europe. Total loss to shareholders of 4.7% over the past three years. Declared Dividend • Mar 02
Dividend of €0.49 announced Shareholders will receive a dividend of €0.49. Ex-date: 28th April 2026 Payment date: 30th April 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 28
OPmobility SE Provides Earnings Guidance for the Year 2026 OPmobility SE provided earnings guidance for the year 2026. For the year, the company aims to improve operating margin and net result Group share versus 2025. Announcement • Feb 27
OPmobility SE announces Annual dividend, payable on April 30, 2026 OPmobility SE announced Annual dividend of EUR 0.4900 per share payable on April 30, 2026, ex-date on April 28, 2026 and record date on April 29, 2026. Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: €1.30 (vs €1.18 in FY 2024) Full year 2025 results: EPS: €1.30 (up from €1.18 in FY 2024). Revenue: €10.2b (down 2.6% from FY 2024). Net income: €185.0m (up 8.8% from FY 2024). Profit margin: 1.8% (up from 1.6% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Announcement • Feb 26
OPmobility SE, Annual General Meeting, Apr 23, 2026 OPmobility SE, Annual General Meeting, Apr 23, 2026. Announcement • Oct 22
OPmobility SE Provides Earnings Guidance for the Year 2025 OPmobility SE provided earnings guidance for the year 2025. The company confirmed its outlook for 2025, with the aim of improving its financial aggregates (operating margin and net result Group share)) compared to 2024, while continuing to reduce its net debt). New Risk • Jul 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (62% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Jul 28
First half 2025 earnings released: EPS: €0.63 (vs €0.69 in 1H 2024) First half 2025 results: EPS: €0.63 (down from €0.69 in 1H 2024). Revenue: €5.33b (down 1.5% from 1H 2024). Net income: €90.0m (down 10.0% from 1H 2024). Profit margin: 1.7% (in line with 1H 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 22
Upcoming dividend of €0.36 per share Eligible shareholders must have bought the stock before 29 April 2025. Payment date: 02 May 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of British dividend payers (6.2%). Higher than average of industry peers (4.1%). New Risk • Apr 09
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Mar 20
OPmobility SE, Annual General Meeting, Apr 24, 2025 OPmobility SE, Annual General Meeting, Apr 24, 2025. Location: pavillon dauphine, 2 place du marechal de lattre de tassigny, paris France Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: €1.18 (vs €1.13 in FY 2023) Full year 2024 results: EPS: €1.18 (up from €1.13 in FY 2023). Revenue: €10.5b (up 1.6% from FY 2023). Net income: €170.0m (up 4.2% from FY 2023). Profit margin: 1.6% (in line with FY 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 24
First half dividend of €0.36 announced Shareholders will receive a dividend of €0.36. Ex-date: 29th April 2025 Payment date: 2nd May 2025 Dividend yield will be 5.3%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.54, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Auto Components industry in the United Kingdom. Total loss to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.14, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Auto Components industry in the United Kingdom. Total loss to shareholders of 54% over the past three years. Reported Earnings • Jul 25
First half 2024 earnings released: EPS: €0.70 (vs €0.69 in 1H 2023) First half 2024 results: EPS: €0.70 (up from €0.69 in 1H 2023). Revenue: €5.41b (up 2.3% from 1H 2023). Net income: €100.2m (flat on 1H 2023). Profit margin: 1.9% (in line with 1H 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Apr 23
Upcoming dividend of €0.39 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (3.4%). Declared Dividend • Mar 22
Dividend of €0.39 announced Shareholders will receive a dividend of €0.39. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 23
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: €1.13 (vs €1.16 in FY 2022) Full year 2023 results: EPS: €1.13 (down from €1.16 in FY 2022). Revenue: €10.3b (up 21% from FY 2022). Net income: €163.1m (down 2.7% from FY 2022). Profit margin: 1.6% (down from 2.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €10.08, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Auto Components industry in Europe. Total loss to shareholders of 45% over the past three years. New Risk • Jul 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 26
First half 2023 earnings released First half 2023 results: Revenue: €5.29b (up 35% from 1H 2022). Net income: €100.0m (down 4.1% from 1H 2022). Profit margin: 1.9% (down from 2.7% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buying Opportunity • Jun 19
Now 21% undervalued Over the last 90 days, the stock is up 6.9%. The fair value is estimated to be €20.94, 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 49%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings is also forecast to grow by 24% per annum over the same time period. Buying Opportunity • Apr 28
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €19.98, 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 49%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 24% per annum over the same time period. Upcoming Dividend • Apr 25
Upcoming dividend of €0.39 per share at 2.5% yield Eligible shareholders must have bought the stock before 02 May 2023. Payment date: 04 May 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (3.1%). Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: €1.16 (vs €0.87 in FY 2021) Full year 2022 results: EPS: €1.16 (up from €0.87 in FY 2021). Revenue: €8.54b (up 18% from FY 2021). Net income: €167.6m (up 33% from FY 2021). Profit margin: 2.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2022 earnings released Full year 2022 results: Revenue: €8.54b (up 18% from FY 2021). Net income: €168.0m (up 33% from FY 2021). Profit margin: 2.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto Components industry in the United Kingdom. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €13.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Auto Components industry in Europe. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.06 per share. Buying Opportunity • Aug 20
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be €24.40, however this is not to be taken as a buy 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 19%. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 29% per annum over the same time period. Reported Earnings • Jul 26
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €142.2m from profit in 1H 2021). Profit margin: (down from 3.8% in 1H 2021). Over the next year, revenue is forecast to grow 16%, compared to a 99% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 21
Upcoming dividend of €0.28 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 02 May 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (3.6%). Reported Earnings • Mar 06
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.87 (up from €1.72 loss in FY 2020). Revenue: €7.23b (up 2.3% from FY 2020). Net income: €126.4m (up €377.5m from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 83% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 54% 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. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €15.88, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Auto Components industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.83 per share. Buying Opportunity • Feb 24
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €24.79, 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. The company has become profitable over the last year. Reported Earnings • Jul 23
First half 2021 earnings released: EPS €0.98 (vs €2.77 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €3.78b (up 28% from 1H 2020). Net income: €142.2m (up €545.8m from 1H 2020). Profit margin: 3.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 21
Upcoming dividend of €0.49 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 03 May 2021. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (2.0%). Reported Earnings • Mar 14
Full year 2020 earnings released: €1.72 loss per share (vs €1.77 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €7.07b (down 17% from FY 2019). Net loss: €251.1m (down 197% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 14
Revenue beats expectations Revenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 16%, compared to a 9.4% growth forecast for the Auto Components industry in the United Kingdom. Is New 90 Day High Low • Feb 04
New 90-day high: €33.60 The company is up 70% from its price of €19.79 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components 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 €28.62 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €29.96 The company is up 30% from its price of €23.12 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components 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 €23.45 per share. Is New 90 Day High Low • Nov 16
New 90-day high: €24.20 The company is up 28% from its price of €18.93 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components 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 €21.52 per share. Is New 90 Day High Low • Oct 05
New 90-day high: €23.42 The company is up 23% from its price of €19.08 on 07 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.32 per share.