Reported Earnings • Apr 20
Full year 2025 earnings released: EPS: €6.68 (vs €11.89 in FY 2024) Full year 2025 results: EPS: €6.68 (down from €11.89 in FY 2024). Revenue: €5.12b (up 6.6% from FY 2024). Net income: €84.3m (down 43% from FY 2024). Profit margin: 1.6% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Declared Dividend • Mar 20
Dividend reduced to €2.70 Dividend of €2.70 is 35% lower than last year. Ex-date: 27th April 2026 Payment date: 29th April 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 101% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 19
STEF SA announces Annual dividend, payable on April 29, 2026 STEF SA announced Annual dividend of EUR 2.7000 per share payable on April 29, 2026, ex-date on April 27, 2026 and record date on April 28, 2026. Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: €6.68 (vs €11.89 in FY 2024) Full year 2025 results: EPS: €6.68 (down from €11.89 in FY 2024). Revenue: €5.12b (up 6.6% from FY 2024). Net income: €84.3m (down 43% from FY 2024). Profit margin: 1.6% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Mar 14
STEF SA, Annual General Meeting, Apr 23, 2026 STEF SA, Annual General Meeting, Apr 23, 2026. Reported Earnings • Sep 06
First half 2025 earnings released: EPS: €1.26 (vs €5.44 in 1H 2024) First half 2025 results: EPS: €1.26 (down from €5.44 in 1H 2024). Revenue: €2.47b (up 6.4% from 1H 2024). Net income: €15.8m (down 77% from 1H 2024). Profit margin: 0.6% (down from 2.9% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 26
Now 21% undervalued Over the last 90 days, the stock has risen 10.0% to €138. The fair value is estimated to be €174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Buy Or Sell Opportunity • Jun 20
Now 21% undervalued Over the last 90 days, the stock has risen 10% to €134. The fair value is estimated to be €169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Buy Or Sell Opportunity • May 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.1% to €128. The fair value is estimated to be €160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Upcoming Dividend • Apr 30
Upcoming dividend of €4.15 per share Eligible shareholders must have bought the stock before 07 May 2025. Payment date: 09 May 2025. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (3.4%). Buy Or Sell Opportunity • Apr 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to €123. The fair value is estimated to be €157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Announcement • Apr 09
STEF SA, Annual General Meeting, Apr 30, 2025 STEF SA, Annual General Meeting, Apr 30, 2025. Location: 93 boulevard malesherbes, paris France Declared Dividend • Mar 26
Dividend reduced to €4.15 Dividend of €4.15 is 19% lower than last year. Ex-date: 7th May 2025 Payment date: 9th May 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (39% 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 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Apr 23
Upcoming dividend of €5.10 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (4.6%). Declared Dividend • Mar 20
Dividend increased to €5.10 Dividend of €5.10 is 27% higher than last year. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 3.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (316% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 10
Full year 2023 earnings released Full year 2023 results: Revenue: €4.44b (up 4.2% from FY 2022). Net income: €174.7m (up 19% from FY 2022). Profit margin: 3.9% (up from 3.4% in FY 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 4.8% growth forecast for the Transportation industry in Europe. Announcement • Mar 09
STEF SA to Report First Half, 2024 Results on Sep 05, 2024 STEF SA announced that they will report first half, 2024 results on Sep 05, 2024 Announcement • Oct 28
STEF SA (ENXTPA:STF) signed an agreement to acquire Bakker Logistiek Groep B.V. STEF SA (ENXTPA:STF) signed an agreement to acquire Bakker Logistiek Groep B.V. on October 26, 2023. BAKKER Logistiek generated the revenue of €150 million for the year ended 2022. The transaction is subject to approval from the ACM, the Dutch competition authority as well as regulatory consultation procedures. The transaction is expected to close in the first quarter of 2024. Announcement • Oct 10
STEF SA (ENXTPA:STF) signed an agreement to acquire Transwest Nv. STEF SA (ENXTPA:STF) signed an agreement to acquire Transwest Nv on October 9, 2023. Completion of the acquisition is scheduled for the end of October 2023. Buying Opportunity • Jun 21
Now 20% undervalued Over the last 90 days, the stock is up 2.0%. The fair value is estimated to be €134, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period. Buying Opportunity • May 31
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period. Buying Opportunity • May 15
Now 20% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be €135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period. Upcoming Dividend • Apr 26
Upcoming dividend of €4.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (3.9%). Reported Earnings • Mar 11
Full year 2022 earnings released Full year 2022 results: Revenue: €4.26b (up 22% from FY 2021). Net income: €146.4m (up 33% from FY 2021). Profit margin: 3.4% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 1.4% growth forecast for the Transportation industry in the United Kingdom. Announcement • Feb 10
Stef Enters into Discussions with CMA-CGM on La Méridionale Sale STEF SA (ENXTPA:STF) has entered into discussions with the CMA CGM S.A. with a view to the possible sale of La Méridionale SA. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Sophie Breuil was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 04
First half 2022 earnings released: EPS: €5.32 (vs €3.66 in 1H 2021) First half 2022 results: EPS: €5.32 (up from €3.66 in 1H 2021). Revenue: €2.01b (up 23% from 1H 2021). Net income: €66.0m (up 46% from 1H 2021). Profit margin: 3.3% (up from 2.8% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.9%, compared to a 2.6% growth forecast for the Transportation industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 27
Upcoming dividend of €3.00 per share Eligible shareholders must have bought the stock before 03 May 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (4.7%). Reported Earnings • Mar 12
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €3.51b (up 12% from FY 2020). Net income: €110.0m (up 51% from FY 2020). Profit margin: 3.1% (up from 2.3% 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 7.3%, compared to a 15% growth forecast for the industry in the United Kingdom. Reported Earnings • Sep 08
First half 2021 earnings released: EPS €3.66 (vs €1.20 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.64b (up 9.8% from 1H 2020). Net income: €45.3m (up 205% from 1H 2020). Profit margin: 2.8% (up from 1.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Apr 28
Upcoming dividend of €2.50 per share Eligible shareholders must have bought the stock before 04 May 2021. Payment date: 06 May 2021. Trailing yield: 5.5%. Within top quartile of British dividend payers (4.1%). In line with average of industry peers (5.7%). Analyst Estimate Surprise Post Earnings • Mar 13
Revenue beats expectations Revenue exceeded analyst estimates by 0.0002%. Over the next year, revenue is forecast to grow 7.4% compared to a 7.3% decline forecast for the Transportation industry in the United Kingdom. Reported Earnings • Mar 13
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €3.15b (down 8.6% from FY 2019). Net income: €72.8m (down 27% from FY 2019). Profit margin: 2.3% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Feb 15
New 90-day high: €77.70 The company is up 7.0% from its price of €72.28 on 16 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €125 per share. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 55% share price gain to €110, the stock is trading at a trailing P/E ratio of 11.8x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 14x in the Transportation industry in Europe. Total returns to shareholders over the past three years are 25%. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 52% share price gain to €110, the stock is trading at a trailing P/E ratio of 11.6x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 14x in the Transportation industry in Europe. Total returns to shareholders over the past three years are 25%. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 70% share price gain to €110, the stock is trading at a trailing P/E ratio of 12x, up from the previous P/E ratio of 7x. This compares to an average P/E of 14x in the Transportation industry in Europe. Total returns to shareholders over the past three years are 24%.