Reported Earnings • May 13
First quarter 2026 earnings released: EPS: €0.30 (vs €0.19 in 1Q 2025) First quarter 2026 results: EPS: €0.30 (up from €0.19 in 1Q 2025). Revenue: €66.6m (down 16% from 1Q 2025). Net income: €4.70m (up 52% from 1Q 2025). Profit margin: 7.1% (up from 3.9% in 1Q 2025). 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 2.8% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 08
Upcoming dividend of €0.70 per share Eligible shareholders must have bought the stock before 15 April 2026. Payment date: 22 April 2026. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Dutch dividend payers (5.2%). In line with average of industry peers (3.8%). Declared Dividend • Mar 08
Final dividend of €0.70 announced Shareholders will receive a dividend of €0.70. Ex-date: 15th April 2026 Payment date: 22nd April 2026 Dividend yield will be 11%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 06
Kendrion N.V. announces Annual dividend, payable on April 22, 2026 Kendrion N.V. announced Annual dividend of EUR 0.7000 per share payable on April 22, 2026, ex-date on April 15, 2026 and record date on April 16, 2026. Price Target Changed • Mar 03
Price target increased by 13% to €19.17 Up from €17.00, the current price target is an average from 3 analysts. New target price is 24% above last closing price of €15.40. Stock is up 58% over the past year. The company is forecast to post earnings per share of €0.72 for next year compared to €0.40 last year. Price Target Changed • Feb 27
Price target increased by 9.0% to €18.17 Up from €16.67, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €16.00. Stock is up 59% over the past year. The company is forecast to post earnings per share of €0.72 for next year compared to €0.40 last year. Major Estimate Revision • Nov 22
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €298.0m to €273.0m. EPS estimate also fell from €0.875 per share to €0.73 per share. Net income forecast to grow 95% next year vs 29% growth forecast for Auto Components industry in the Netherlands. Consensus price target broadly unchanged at €17.00. Share price fell 6.4% to €13.48 over the past week. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: €0.21 (vs €0.12 in 3Q 2024) Third quarter 2025 results: EPS: €0.21 (up from €0.12 in 3Q 2024). Revenue: €61.2m (down 16% from 3Q 2024). Net income: €3.50m (up 84% from 3Q 2024). Profit margin: 5.7% (up from 2.6% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Major Estimate Revision • Oct 07
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €322.8m to €306.5m. EPS estimate also fell from €1.10 per share to €0.875 per share. Net income forecast to grow 100% next year vs 26% growth forecast for Auto Components industry in the Netherlands. Consensus price target up from €16.33 to €16.67. Share price was steady at €14.12 over the past week. Reported Earnings • Aug 28
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: €0.28 (up from €0.064 in 2Q 2024). Revenue: €80.3m (up 3.3% from 2Q 2024). Net income: €4.50m (up 350% from 2Q 2024). Profit margin: 5.6% (up from 1.3% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €12.72, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Auto Components industry in Europe. Total loss to shareholders of 7.6% over the past three years. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: €0.19 (vs €0.28 in 1Q 2024) First quarter 2025 results: EPS: €0.19 (down from €0.28 in 1Q 2024). Revenue: €79.5m (up 5.7% from 1Q 2024). Net income: €3.10m (down 26% from 1Q 2024). Profit margin: 3.9% (down from 5.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 11
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 16 April 2025. Payment date: 09 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.6%. Lower than top quartile of Dutch dividend payers (6.3%). In line with average of industry peers (4.3%). Declared Dividend • Mar 28
Dividend of €0.45 announced Dividend of €0.45 is the same as last year. Ex-date: 16th April 2025 Payment date: 9th May 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. EPS is expected to grow by 134% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Mar 26
Kendrion N.V. announces Annual dividend, payable on May 09, 2025 Kendrion N.V. announced Annual dividend of EUR 0.4500 per share payable on May 09, 2025, ex-date on April 16, 2025 and record date on April 17, 2025. Reported Earnings • Mar 02
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: €0.29 loss per share (down from €0.65 profit in FY 2023). Revenue: €303.2m (down 42% from FY 2023). Net income: €6.10m (down 38% from FY 2023). Profit margin: 2.0% (up from 1.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: €0.12 (vs €0.16 in 3Q 2023) Third quarter 2024 results: EPS: €0.12 (down from €0.16 in 3Q 2023). Revenue: €72.7m (down 42% from 3Q 2023). Net income: €1.90m (down 21% from 3Q 2023). Profit margin: 2.6% (up from 1.9% in 3Q 2023). Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Europe are expected to grow by 4.0%. 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 19% per year, which means it has not declined as severely as earnings. Announcement • Nov 13
Kendrion N.V., Annual General Meeting, Apr 14, 2025 Kendrion N.V., Annual General Meeting, Apr 14, 2025. Announcement • Oct 02
Solero Technologies, LLC completed the acquisition of Automotive Business of Kendrion N.V.(ENXTAM:KENDR) for €65 million. Solero Technologies, LLC entered into an agreement to acquire Automotive Business of Kendrion N.V.(ENXTAM:KENDR) on April 15, 2024. Andreas Driver , Roya Bayatloo, Fabian Reissinger, Marcus Iske, Susanne Weckbach, Katharina A. Weimer, Matthias Berger and Benjamin Grzimek of Fieldfisher (Germany) LLP acted as legal advisor to Solero Technologies, LLC. Bart de Klerk, Jeroen Beets and Pim van der Velden of ING Corporate Finance acted as financial advisor to Kendrion N.V.
Solero Technologies, LLC completed the acquisition of Automotive Business of Kendrion N.V.(ENXTAM:KENDR) for €65 million on October 1, 2024. Automotive Business reported revenues of €208 million and EBITDA of €20.9 million. Major Estimate Revision • Aug 28
Consensus revenue estimates decrease by 34%, EPS upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €459.6m to €304.7m. EPS estimate increased from €0.885 to €1.01 per share. Net income forecast to grow 202% next year vs 35% growth forecast for Auto Components industry in the Netherlands. Consensus price target of €15.67 unchanged from last update. Share price rose 8.9% to €12.96 over the past week. New Risk • Aug 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Dividend is not well covered by earnings (140% payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: €0.10 (vs €0.24 in 2Q 2023) Second quarter 2024 results: EPS: €0.10 (down from €0.24 in 2Q 2023). Revenue: €77.7m (down 43% from 2Q 2023). Net income: €1.00m (down 73% from 2Q 2023). Profit margin: 1.3% (down from 2.7% in 2Q 2023). Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Auto Components industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. New Risk • May 13
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 Dividend is not well covered by cash flows (111% cash payout ratio). Recent Insider Transactions • May 10
Key Executive recently bought €101k worth of stock On the 7th of May, Frits van Hout bought around 8k shares on-market at roughly €13.30 per share. This transaction amounted to 64% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Frits' only on-market trade for the last 12 months. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: €0.18 (vs €0.33 in 1Q 2023) First quarter 2024 results: EPS: €0.18 (down from €0.33 in 1Q 2023). Revenue: €75.2m (down 45% from 1Q 2023). Net income: €4.20m (down 14% from 1Q 2023). Profit margin: 5.6% (up from 3.6% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.3% to €12.50. The fair value is estimated to be €10.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 32% per annum over the same time period. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: €0.65 (vs €3.09 loss in FY 2022) Full year 2023 results: EPS: €0.65 (up from €3.09 loss in FY 2022). Revenue: €518.6m (flat on FY 2022). Net income: €9.90m (up €56.2m from FY 2022). Profit margin: 1.9% (up from net loss in FY 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Feb 19
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €12.38. The fair value is estimated to be €10.17, 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. Meanwhile, the company became loss making. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: €0.16 (vs €0.26 in 3Q 2022) Third quarter 2023 results: EPS: €0.16 (down from €0.26 in 3Q 2022). Revenue: €124.5m (down 6.3% from 3Q 2022). Net income: €2.40m (down 40% from 3Q 2022). Profit margin: 1.9% (down from 3.0% in 3Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Price Target Changed • Sep 28
Price target decreased by 12% to €18.83 Down from €21.50, the current price target is an average from 3 analysts. New target price is 46% above last closing price of €12.92. Stock is down 7.1% over the past year. The company is forecast to post earnings per share of €1.01 next year compared to a net loss per share of €3.09 last year. Recent Insider Transactions • Apr 20
Key Executive recently bought €99k worth of stock On the 18th of April, Frits van Hout bought around 6k shares on-market at roughly €18.02 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Frits has been a buyer over the last 12 months, purchasing a net total of €214k worth in shares. Upcoming Dividend • Apr 12
Upcoming dividend of €0.72 per share at 4.6% yield Eligible shareholders must have bought the stock before 19 April 2023. Payment date: 11 May 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.6%. Lower than top quartile of Dutch dividend payers (6.4%). Higher than average of industry peers (3.0%). Reported Earnings • Mar 03
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: €3.09 loss per share (down from €0.97 profit in FY 2021). Revenue: €519.8m (up 12% from FY 2021). Net loss: €46.3m (down 422% from profit in FY 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% 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. Buying Opportunity • Feb 28
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €20.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 124% in the next 2 years. Buying Opportunity • Feb 10
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €20.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 124% in the next 2 years. Buying Opportunity • Jan 24
Now 22% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €21.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 124% in the next 2 years. Price Target Changed • Nov 16
Price target increased to €23.13 Up from €19.13, the current price target is an average from 2 analysts. New target price is 47% above last closing price of €15.72. Stock is down 24% over the past year. The company is forecast to post earnings per share of €1.17 for next year compared to €0.97 last year. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: €0.26 (vs €0.20 in 3Q 2021) Third quarter 2022 results: EPS: €0.26 (up from €0.20 in 3Q 2021). Revenue: €132.9m (up 17% from 3Q 2021). Net income: €4.00m (up 38% from 3Q 2021). Profit margin: 3.0% (up from 2.6% in 3Q 2021). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Auto Components industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Aug 27
Key Executive recently bought €115k worth of stock On the 24th of August, Frits van Hout bought around 7k shares on-market at roughly €15.70 per share. This was the largest purchase by an insider in the last 3 months. This was Frits' only on-market trade for the last 12 months. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: €0.25 (vs €0.36 in 2Q 2021) Second quarter 2022 results: EPS: €0.25 (down from €0.36 in 2Q 2021). Revenue: €126.9m (up 6.4% from 2Q 2021). Net income: €3.70m (down 32% from 2Q 2021). Profit margin: 2.9% (down from 4.5% in 2Q 2021). Over the next year, revenue is forecast to grow 4.4%, compared to a 13% growth forecast for the Auto Components industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 05
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: €0.35 (down from €0.40 in 1Q 2021). Revenue: €130.4m (up 13% from 1Q 2021). Net income: €5.10m (down 14% from 1Q 2021). Profit margin: 3.9% (down from 5.1% in 1Q 2021). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 3.9%, compared to a 15% growth forecast for the industry in the Netherlands. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target increased to €23.13 Up from €19.13, the current price target is an average from 3 analysts. New target price is 28% above last closing price of €18.00. Stock is down 24% over the past year. The company is forecast to post earnings per share of €1.35 for next year compared to €0.97 last year. Price Target Changed • Mar 14
Price target increased to €23.13 Up from €20.50, the current price target is an average from 2 analysts. New target price is 18% above last closing price of €19.60. Stock is down 9.3% over the past year. The company is forecast to post earnings per share of €1.38 for next year compared to €0.97 last year. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €17.48, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Auto Components industry in Europe. Total loss to shareholders of 8.0% over the past three years. Reported Earnings • Feb 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: €0.97 (up from €0.29 in FY 2020). Revenue: €464.2m (up 17% from FY 2020). Net income: €14.4m (up 235% from FY 2020). Profit margin: 3.1% (up from 1.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 1.1% compared to a 9.3% growth forecast for the industry in the Netherlands. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS €0.20 (vs €0.11 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €113.4m (up 15% from 3Q 2020). Net income: €2.90m (up 81% from 3Q 2020). Profit margin: 2.6% (up from 1.6% in 3Q 2020). 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 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 18
First quarter 2021 earnings released: EPS €0.40 (vs €0.20 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €115.3m (up 5.1% from 1Q 2020). Net income: €5.90m (up 97% from 1Q 2020). Profit margin: 5.1% (up from 2.7% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Feb 26
Analysts increase EPS estimates to €1.07 The 2021 consensus revenue estimate increased from €403.5m to €431.7m. The earnings per share estimate also received an upgrade from €0.73 to €1.07 for the same period. Net income is expected to grow by 109% next year compared to 109% growth forecast for the Auto Components industry in the Netherlands. The consensus price target increased from €14.75 to €18.13. Share price is up 6.0% to €21.30 over the past week. Reported Earnings • Feb 21
Full year 2020 earnings released: EPS €0.29 (vs €0.59 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €396.7m (down 3.8% from FY 2019). Net income: €4.30m (down 46% from FY 2019). Profit margin: 1.1% (down from 1.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 21
Revenue beats expectations Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 1.7%, compared to a 8.3% growth forecast for the Auto Components industry in the Netherlands. Is New 90 Day High Low • Feb 20
New 90-day high: €20.10 The company is up 21% from its price of €16.56 on 20 November 2020. The Dutch market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.84 per share. Is New 90 Day High Low • Jan 06
New 90-day high: €17.60 The company is up 6.0% from its price of €16.60 on 08 October 2020. The Dutch market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components 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 €38.59 per share. Is New 90 Day High Low • Nov 24
New 90-day high: €17.00 The company is up 36% from its price of €12.50 on 25 August 2020. The Dutch market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.26 per share. Major Estimate Revision • Nov 10
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from €0.23 to €0.29. Revenue estimate for the same period was approximately flat at €384.9m. Net income is expected to grow by 336% next year compared to 33% growth forecast for the Auto Components industry in the Netherlands. The consensus price target of €14.75 was unchanged from the last update. Share price is up 5.4% to €16.36 over the past week. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS €0.11 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €98.6m (down 4.1% from 3Q 2019). Net income: €1.60m (down 24% from 3Q 2019). Profit margin: 1.6% (down from 2.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Sep 27
New 90-day high: €14.88 The company is up 29% from its price of €11.52 on 29 June 2020. The Dutch market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.43 per share. Major Estimate Revision • Sep 19
Analysts increase EPS estimates to €0.23 The 2020 consensus revenue estimate increased from €370.6m to €388.3m. The company is forecast to report a profit instead of a loss, with analysts raising their EPS forecasts from -€0.35 to €0.23 for the same period. The Auto Components industry in the Netherlands is expected to see an average net income growth of 9.8% next year. The consensus price target increased from €12.13 to €14.75. Share price is up 1.7% to €14.74 over the past week. 
