Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Oct 30
Aurea SA announces Annual dividend, payable on November 06, 2025 Aurea SA announced Annual dividend of EUR 0.1500 per share payable on November 06, 2025, ex-date on November 04, 2025 and record date on November 05, 2025. Duyuru • May 22
Aurea SA, Annual General Meeting, Jun 26, 2025 Aurea SA, Annual General Meeting, Jun 26, 2025. Location: 3 avenue bertie albrecht, paris France New Risk • Nov 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (€63.0m market cap, or US$68.8m). Reported Earnings • Sep 29
First half 2024 earnings released: EPS: €0.24 (vs €1.05 in 1H 2023) First half 2024 results: EPS: €0.24 (down from €1.05 in 1H 2023). Revenue: €129.9m (up 2.6% from 1H 2023). Net income: €2.29m (down 77% from 1H 2023). Profit margin: 1.8% (down from 7.8% in 1H 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €5.76, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 2.7% over the past year. Duyuru • May 26
Aurea SA, Annual General Meeting, Jun 28, 2024 Aurea SA, Annual General Meeting, Jun 28, 2024. Location: 3 avenue bertie albrecht, paris France Buy Or Sell Opportunity • May 03
Now 20% undervalued Over the last 90 days, the stock has risen 9.3% to €5.42. The fair value is estimated to be €6.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to decline by 100% in the next 2 years. Reported Earnings • May 02
Full year 2023 earnings released: EPS: €0.49 (vs €0.31 in FY 2022) Full year 2023 results: EPS: €0.49 (up from €0.31 in FY 2022). Revenue: €245.8m (down 3.0% from FY 2022). Net income: €4.64m (up 55% from FY 2022). Profit margin: 1.9% (up from 1.2% in FY 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 98% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€45.5m market cap, or US$48.4m). New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 98% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 98% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€47.7m market cap, or US$51.4m). Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €4.81, the stock trades at a forward P/E ratio of 515x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €5.12, the stock trades at a forward P/E ratio of 561x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total loss to shareholders of 25% over the past year. New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€50.0m market cap, or US$53.1m). New Risk • Oct 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 179% 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: Major Risk Earnings are forecast to decline by an average of 46% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (€50.2m market cap, or US$53.1m). Reported Earnings • Oct 01
First half 2023 earnings released: EPS: €1.05 (vs €0.66 in 1H 2022) First half 2023 results: EPS: €1.05 (up from €0.66 in 1H 2022). Revenue: €126.6m (down 11% from 1H 2022). Net income: €9.91m (up 59% from 1H 2022). Profit margin: 7.8% (up from 4.4% in 1H 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €4.55, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total loss to shareholders of 38% over the past year. New Risk • Aug 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (€60.8m market cap, or US$66.6m). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 17% share price gain to €9.50, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 16x in the Commercial Services industry in Germany. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €8.68, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 17x in the Commercial Services industry in Germany. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 17% share price gain to €12.75, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Board Change • Dec 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Antoine Diesbecq was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.