Declared Dividend • Apr 10
Dividend of €0.05 announced Dividend of €0.05 is the same as last year. Ex-date: 21st May 2026 Payment date: 25th May 2026 Dividend yield will be 0.2%, which is lower than the industry average of 3.6%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 5%. Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: €0.94 (vs €1.21 in FY 2024) Full year 2025 results: EPS: €0.94 (down from €1.21 in FY 2024). Revenue: €4.14b (up 1.8% from FY 2024). Net income: €165.7m (down 22% from FY 2024). Profit margin: 4.0% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.4% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Mar 20
Now 21% overvalued Over the last 90 days, the stock has fallen 3.5% to €23.20. The fair value is estimated to be €19.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to decline by 0.8% per annum. Earnings are also forecast to decline by 5.9% per annum over the same time period. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: €0.20 (vs €0.34 in 3Q 2024) Third quarter 2025 results: EPS: €0.20 (down from €0.34 in 3Q 2024). Revenue: €1.01b (flat on 3Q 2024). Net income: €36.1m (down 40% from 3Q 2024). Profit margin: 3.6% (down from 6.0% in 3Q 2024). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Nov 12
1&1 AG Confirms Earnings Guidance for the Full Year 2025 1&1 AG confirmed earnings guidance for the full year 2025. For the year, the company confirms its service revenue and earnings forecast and expects for 2025 a stable contract base and service revenue at the previous year’s level (2024: €3,303.1 million). Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €15.41, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Wireless Telecom industry in Europe. Total returns to shareholders of 2.6% over the past three years. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €15.41, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Wireless Telecom industry in Europe. Total loss to shareholders of 3.0% over the past three years. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €15.41, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Wireless Telecom industry in Europe. Total loss to shareholders of 8.3% over the past three years. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: €0.15 (vs €0.30 in 2Q 2024) Second quarter 2025 results: EPS: €0.15 (down from €0.30 in 2Q 2024). Revenue: €987.9m (flat on 2Q 2024). Net income: €27.4m (down 49% from 2Q 2024). Profit margin: 2.8% (down from 5.4% in 2Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €15.41, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Wireless Telecom industry in Europe. Total loss to shareholders of 7.3% over the past three years. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €15.41, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Wireless Telecom industry in Europe. Total loss to shareholders of 11% over the past three years. Announcement • Jun 30
1&1 AG Reaffirms Revenue Guidance for the Fiscal Year 2025 1&1 AG reaffirmed revenue guidance for the fiscal year 2025. For the year, the contract portfolio and service revenue are still expected to remain unchanged at the previous year’s level (2024: €3,303.1 million). Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €15.41, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Wireless Telecom industry in Europe. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €15.41, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Wireless Telecom industry in Europe. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €18.28, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Wireless Telecom industry in Europe. Total loss to shareholders of 2.2% over the past three years. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: €0.27 (vs €0.47 in 1Q 2024) First quarter 2025 results: EPS: €0.27 (down from €0.47 in 1Q 2024). Revenue: €1.02b (flat on 1Q 2024). Net income: €47.2m (down 43% from 1Q 2024). Profit margin: 4.6% (down from 8.1% in 1Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Wireless Telecom industry in Europe. 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 6% per year, which means it has not declined as severely as earnings. Announcement • May 13
1&1 AG Confirms Earnings Guidance for the Financial Year 2025 1&1 AG confirmed earnings guidance for the financial year 2025. For the year, the company confirms its forecast and expects a stable contract base and service revenue at the previous year’s level for the 2025 fiscal year (2024: €3,303.1 million). Upcoming Dividend • May 08
Upcoming dividend of €0.05 per share Eligible shareholders must have bought the stock before 15 May 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.3%). Declared Dividend • Apr 06
Dividend of €0.05 announced Dividend of €0.05 is the same as last year. Ex-date: 15th May 2025 Payment date: 19th May 2025 Dividend yield will be 0.4%, which is lower than the industry average of 3.6%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 43%. New Risk • Mar 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 48% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.2% net profit margin). Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: €1.21 (vs €1.79 in FY 2023) Full year 2024 results: EPS: €1.21 (down from €1.79 in FY 2023). Revenue: €4.06b (flat on FY 2023). Net income: €212.8m (down 32% from FY 2023). Profit margin: 5.2% (down from 7.7% in FY 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% 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. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: €0.34 (vs €0.41 in 3Q 2023) Third quarter 2024 results: EPS: €0.34 (down from €0.41 in 3Q 2023). Revenue: €1.00b (down 3.6% from 3Q 2023). Net income: €59.9m (down 18% from 3Q 2023). Profit margin: 6.0% (down from 7.0% in 3Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Wireless Telecom industry in Europe. 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 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: €0.30 (vs €0.49 in 2Q 2023) Second quarter 2024 results: EPS: €0.30 (down from €0.49 in 2Q 2023). Revenue: €991.5m (up 2.0% from 2Q 2023). Net income: €53.8m (down 38% from 2Q 2023). Profit margin: 5.4% (down from 8.8% in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €12.78, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Wireless Telecom industry in Europe. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.43 per share. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to €12.78. The fair value is estimated to be €16.43, 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 5.6%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 0.6% per annum over the same time period. Upcoming Dividend • May 10
Upcoming dividend of €0.05 per share Eligible shareholders must have bought the stock before 17 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (8.4%). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: €0.47 (vs €0.53 in 1Q 2023) First quarter 2024 results: EPS: €0.47 (down from €0.53 in 1Q 2023). Revenue: €1.02b (flat on 1Q 2023). Net income: €82.7m (down 12% from 1Q 2023). Profit margin: 8.1% (down from 9.2% in 1Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Wireless Telecom industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 23
Dividend of €0.05 announced Dividend of €0.05 is the same as last year. Ex-date: 17th May 2024 Payment date: 21st May 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.6%. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: €0.41 (vs €0.56 in 3Q 2022) Third quarter 2023 results: EPS: €0.41 (down from €0.56 in 3Q 2022). Revenue: €1.04b (up 4.0% from 3Q 2022). Net income: €73.0m (down 25% from 3Q 2022). Profit margin: 7.0% (down from 9.8% in 3Q 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €16.11, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Wireless Telecom industry in Europe. Total loss to shareholders of 33% over the past three years. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: €0.49 (vs €0.55 in 2Q 2022) Second quarter 2023 results: EPS: €0.49 (down from €0.55 in 2Q 2022). Revenue: €972.1m (flat on 2Q 2022). Net income: €86.0m (down 12% from 2Q 2022). Profit margin: 8.8% (down from 10.0% in 2Q 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 10
Upcoming dividend of €0.05 per share at 0.5% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 2.4% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (6.6%). Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: €2.08 (vs €2.10 in FY 2021) Full year 2022 results: EPS: €2.08 (down from €2.10 in FY 2021). Revenue: €3.96b (up 1.4% from FY 2021). Net income: €367.3m (flat on FY 2021). Profit margin: 9.3% (in line with FY 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.56 (vs €0.55 in 3Q 2021) Third quarter 2022 results: EPS: €0.56 (up from €0.55 in 3Q 2021). Revenue: €998.3m (up 2.8% from 3Q 2021). Net income: €97.8m (up 1.6% from 3Q 2021). Profit margin: 9.8% (in line with 3Q 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: €0.56 (vs €0.55 in 3Q 2021) Third quarter 2022 results: EPS: €0.56 (up from €0.55 in 3Q 2021). Revenue: €998.3m (up 2.8% from 3Q 2021). Net income: €97.8m (up 1.6% from 3Q 2021). Profit margin: 9.8% (in line with 3Q 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Wireless Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.55 (vs €0.53 in 2Q 2021) Second quarter 2022 results: EPS: €0.55 (up from €0.53 in 2Q 2021). Revenue: €976.1m (up 2.0% from 2Q 2021). Net income: €97.4m (up 4.1% from 2Q 2021). Profit margin: 10.0% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 2.2%, compared to a 2.0% growth forecast for the 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 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: €0.58 (vs €0.65 in 1Q 2021) First quarter 2022 results: EPS: €0.58 (down from €0.65 in 1Q 2021). Revenue: €975.9m (flat on 1Q 2021). Net income: €101.6m (down 11% from 1Q 2021). Profit margin: 10% (down from 12% in 1Q 2021). Over the next year, revenue is forecast to grow 2.7%, compared to a 1.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year. Upcoming Dividend • May 12
Upcoming dividend of €0.05 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 2.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (6.7%). Reported Earnings • Mar 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €2.10 (up from €1.25 in FY 2020). Revenue: €3.91b (up 3.2% from FY 2020). Net income: €370.0m (up 69% from FY 2020). Profit margin: 9.5% (up from 5.8% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.1%, compared to a 3.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS €0.55 (vs €0.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €971.4m (up 4.2% from 3Q 2020). Net income: €96.2m (up 73% from 3Q 2020). Profit margin: 9.9% (up from 6.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% 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. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS €0.53 (vs €0.55 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings, although profit margins were flat and revenues improved. Second quarter 2021 results: Revenue: €956.9m (up 1.7% from 2Q 2020). Net income: €93.6m (down 3.0% from 2Q 2020). Profit margin: 9.8% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year and the company’s share price has also fallen by 18% per year. Upcoming Dividend • May 20
Upcoming dividend of €0.05 per share Eligible shareholders must have bought the stock before 27 May 2021. Payment date: 31 May 2021. Trailing yield: 0.2%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (5.0%). Reported Earnings • May 13
First quarter 2021 earnings released: EPS €0.65 (vs €0.50 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €973.7m (up 3.5% from 1Q 2020). Net income: €113.7m (up 29% from 1Q 2020). Profit margin: 12% (up from 9.4% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS €1.25 (vs €2.12 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €3.79b (up 3.0% from FY 2019). Net income: €219.6m (down 41% from FY 2019). Profit margin: 5.8% (down from 10% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 05
New 90-day high: €24.36 The company is up 18% from its price of €20.70 on 04 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.21 per share. Is New 90 Day High Low • Feb 09
New 90-day high: €22.33 The company is up 20% from its price of €18.64 on 10 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom 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 €51.53 per share. Is New 90 Day High Low • Jan 04
New 90-day high: €21.19 The company is up 12% from its price of €18.91 on 06 October 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Wireless Telecom industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €56.08 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue misses expectations Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 3.3% compared to a 1.7% decline forecast for the Wireless Telecom industry in the United Kingdom. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS €0.32 The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: €932.6m (flat on 3Q 2019). Net income: €55.6m (down 37% from 3Q 2019). Profit margin: 6.0% (down from 9.5% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Sep 22
New 90-day low: €17.65 The company is down 24% from its price of €23.30 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.23 per share.