Buy Or Sell Opportunity • Jul 07
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to €95.20. The fair value is estimated to be €78.91, however this is not to be taken as a sell 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 35%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Upcoming Dividend • Jun 12
Upcoming dividend of €3.31 per share Eligible shareholders must have bought the stock before 19 June 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.1%). Major Estimate Revision • May 13
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €7.94 to €6.60. Revenue forecast unchanged from €1.62b at last update. Net income forecast to grow 8.2% next year vs 32% growth forecast for Basic Materials industry in Germany. Consensus price target down from €145 to €140. Share price was steady at €101 over the past week. Reported Earnings • May 06
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: €6.10 (up from €5.85 in FY 2024). Revenue: €1.59b (down 1.3% from FY 2024). Net income: €39.2m (up 4.2% from FY 2024). Profit margin: 2.5% (up from 2.3% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Basic Materials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% 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. Duyuru • May 06
Sto SE & Co. KGaA, Annual General Meeting, Jun 18, 2026 Sto SE & Co. KGaA, Annual General Meeting, Jun 18, 2026, at 10:30 W. Europe Standard Time. New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 16% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.1% net profit margin). Declared Dividend • May 03
Dividend of €3.31 announced Dividend of €3.31 is the same as last year. Ex-date: 19th June 2026 Payment date: 23rd June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.5%. Sustainability & Growth The dividend has remained flat since 9 years ago. However, payments have been volatile during that time. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 02
Sto SE & Co. KGaA announces Annual dividend, payable on June 23, 2026 Sto SE & Co. KGaA announced Annual dividend of EUR 0.3100 per share payable on June 23, 2026, ex-date on June 19, 2026 and record date on June 22, 2026. New Risk • Mar 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 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.1% net profit margin). Duyuru • Mar 10
Sto SE & Co. KGaA to Report Fiscal Year 2025 Results on Apr 30, 2026 Sto SE & Co. KGaA announced that they will report fiscal year 2025 results on Apr 30, 2026 Upcoming Dividend • Jun 12
Upcoming dividend of €3.31 per share Eligible shareholders must have bought the stock before 19 June 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 5.3% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (2.8%). Declared Dividend • May 09
Dividend of €0.31 announced Shareholders will receive a dividend of €0.31. Ex-date: 19th June 2025 Payment date: 23rd June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (39% 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 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 08
Sto SE & Co. KGaA announces Annual dividend, payable on June 23, 2025 Sto SE & Co. KGaA announced Annual dividend of EUR 0.3100 per share payable on June 23, 2025, ex-date on June 19, 2025 and record date on June 20, 2025. New Risk • May 07
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 5.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Reported Earnings • May 07
Full year 2024 earnings: Revenues in line with analyst expectations Full year 2024 results: Revenue: €1.61b (down 6.2% from FY 2023). Net income: €37.6m (down 56% from FY 2023). Profit margin: 2.3% (down from 5.0% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Basic Materials industry in Europe. Duyuru • May 07
Sto SE & Co. KGaA, Annual General Meeting, Jun 18, 2025 Sto SE & Co. KGaA, Annual General Meeting, Jun 18, 2025, at 10:30 W. Europe Standard Time. Duyuru • May 02
Sto SE & Co. KGaA Provides Consolidated Earnings Guidance for the Year 2025 Sto SE & Co. KGaA provided consolidated earnings guidance for the year 2025. Sto expects consolidated turnover of EUR 1.57 billion in the 2025 financial year . EBIT is expected to be between EUR 51 million and EUR 71 million and earnings before taxes (EBT) between EUR 50 million and EUR 70 million. The resulting return on sales is therefore between 3.1 % and 4.5 %. The return on capital employed (ROCE) is forecast to be between 6.8 % and 9.6 %. The cost-cutting measures that have been initiated will be continued in order to promote profitability in the Group. New Risk • Apr 06
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 8.0% 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 Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €137, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Basic Materials industry in Europe. Total loss to shareholders of 29% over the past three years. New Risk • Mar 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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. This is currently the only risk that has been identified for the company. Duyuru • Jan 15
Sto SE & Co. KGaA to Report Fiscal Year 2024 Results on Apr 30, 2025 Sto SE & Co. KGaA announced that they will report fiscal year 2024 results on Apr 30, 2025 Major Estimate Revision • Nov 21
Consensus EPS estimates fall by 24% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.64b to €1.60b. EPS estimate also fell from €7.63 per share to €5.79 per share. Net income forecast to shrink 32% next year vs 15% growth forecast for Basic Materials industry in Germany . Consensus price target down from €150 to €140. Share price fell 5.2% to €114 over the past week. Buy Or Sell Opportunity • Aug 07
Now 23% overvalued Over the last 90 days, the stock has fallen 28% to €120. The fair value is estimated to be €97.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are forecast to decline by 4.2% per annum over the same time period. Major Estimate Revision • Jul 28
Consensus EPS estimates fall by 44% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.73b to €1.67b. EPS estimate also fell from €13.80 per share to €7.75 per share. Net income forecast to shrink 42% next year vs 6.3% growth forecast for Basic Materials industry in Germany . Consensus price target down from €240 to €140. Share price fell 19% to €128 over the past week. New Risk • Jul 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.2% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €129, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Basic Materials industry in Europe. Total loss to shareholders of 31% over the past three years. Price Target Changed • Jul 14
Price target decreased by 7.7% to €240 Down from €260, the current price target is provided by 1 analyst. New target price is 52% above last closing price of €158. Stock is up 4.1% over the past year. The company is forecast to post earnings per share of €13.80 for next year compared to €13.40 last year. Duyuru • Jul 02
Sto SE & Co. KGaA to Report First Half, 2024 Results on Aug 29, 2024 Sto SE & Co. KGaA announced that they will report first half, 2024 results on Aug 29, 2024 Upcoming Dividend • Jun 13
Upcoming dividend of €5.00 per share Eligible shareholders must have bought the stock before 20 June 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.3%). Reported Earnings • May 02
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €1.72b (down 3.9% from FY 2022). Net income: €86.1m (down 4.5% from FY 2022). Profit margin: 5.0% (in line with FY 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Basic Materials industry in Europe. Buy Or Sell Opportunity • Apr 15
Now 20% undervalued Over the last 90 days, the stock has risen 11% to €151. The fair value is estimated to be €190, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 2.5% in 2 years. Earnings are forecast to grow by 1.8% in the next 2 years. Price Target Changed • Mar 21
Price target increased by 8.3% to €260 Up from €240, the current price target is provided by 1 analyst. New target price is 72% above last closing price of €151. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of €12.73 for next year compared to €14.02 last year. Duyuru • Mar 20
Sto SE & Co. KGaA to Report Fiscal Year 2023 Results on Apr 29, 2024 Sto SE & Co. KGaA announced that they will report fiscal year 2023 results on Apr 29, 2024 New Risk • Mar 08
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. This is currently the only risk that has been identified for the company. Buying Opportunity • Sep 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €166, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 2.0% in 2 years. Earnings is forecast to decline by 3.6% in the next 2 years. Duyuru • Aug 30
Sto SE & Co. KGaA (XTRA:STO3) acquired Remaining 49.9% stake in VIACOR Polymer GmbH. Sto SE & Co. KGaA (XTRA:STO3) acquired Remaining 49.9% stake in VIACOR Polymer GmbH on August 29, 2023. Sto SE & Co. KGaA (XTRA:STO3) completed the Acquisition of Remaining 49.9% stake in VIACOR Polymer GmbH on August 29, 2023. Major Estimate Revision • Jun 29
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €1.90b to €1.84b. EPS estimate also fell from €14.66 per share to €12.78 per share. Net income forecast to shrink 8.9% next year vs 2.0% decline forecast for Basic Materials industry in Germany. Consensus price target down from €260 to €240. Share price fell 2.6% to €150 over the past week. Price Target Changed • Jun 28
Price target decreased by 11% to €240 Down from €270, the current price target is provided by 1 analyst. New target price is 62% above last closing price of €149. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of €12.78 for next year compared to €14.02 last year. Upcoming Dividend • Jun 15
Upcoming dividend of €5.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 22 June 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 2.2% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.5%). Price Target Changed • Nov 16
Price target decreased to €270 Down from €300, the current price target is provided by 1 analyst. New target price is 99% above last closing price of €136. Stock is down 37% over the past year. The company is forecast to post earnings per share of €11.94 for next year compared to €14.43 last year. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 18% share price gain to €143, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Basic Materials industry in Europe. Total returns to shareholders of 50% over the past three years. Duyuru • Aug 25
Sto SE & Co. KGaA to Report Q2, 2022 Results on Aug 31, 2022 Sto SE & Co. KGaA announced that they will report Q2, 2022 results on Aug 31, 2022 Price Target Changed • Jun 25
Price target decreased to €270 Down from €300, the current price target is provided by 1 analyst. New target price is 92% above last closing price of €141. Stock is down 22% over the past year. The company is forecast to post earnings per share of €11.66 for next year compared to €14.43 last year. Upcoming Dividend • Jun 16
Upcoming dividend of €5.00 per share Eligible shareholders must have bought the stock before 23 June 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 2.1% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.1%). Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 20% share price gain to €213, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Basic Materials industry in Europe. Total returns to shareholders of 182% over the past three years. Upcoming Dividend • Jun 10
Upcoming dividend of €5.00 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 21 June 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (2.7%). Is New 90 Day High Low • Feb 26
New 90-day high: €142 The company is up 15% from its price of €124 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 9.0% over the same period. Duyuru • Feb 03
Sto SE & Co. KGaA (XTRA:STO3) agreed to acquire remaining 50.2% stake in JONAS Farbenwerke GmbH & Co. KG from a family. Sto SE & Co. KGaA (XTRA:STO3) agreed to acquire remaining 50.2% stake in JONAS Farbenwerke GmbH & Co. KG from a family on February 2, 2021. The transaction is subject to Federal Cartel approval. The transaction is expected to close on February 28, 2021. Is New 90 Day High Low • Feb 03
New 90-day high: €139 The company is up 24% from its price of €112 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: €139 The company is up 17% from its price of €119 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: €128 The company is up 8.0% from its price of €118 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 9.0% over the same period. Major Estimate Revision • Nov 10
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from €7.67 to €10.63. Revenue estimate for the same period was approximately flat at €1.41b. Net income is expected to grow by 3.1% next year compared to 25% growth forecast for the Basic Materials industry in Germany. The consensus price target increased from €125 to €140. Share price is up 7.0% to €123 over the past week. Price Target Changed • Nov 09
Price target raised to €140 Up from €129, the current price target is provided by 1 analyst. The new target price is 13% above the current share price of €124. As of last close, the stock is up 19% over the past year. Is New 90 Day High Low • Nov 06
New 90-day high: €121 The company is up 20% from its price of €101 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 1.0% over the same period. Duyuru • Sep 08
Sto SE & Co. KGaA (XTRA:STO3) completed the acquisition of 50.1% stake in Viacor Polymer GmbH. Sto SE & Co. KGaA (XTRA:STO3) agreed to acquire 50.1% stake in Viacor Polymer GmbH on September 27, 2019. Post-completion, Sto and Viacor Polymer will continue to operate independently of each other. Ralf Jooss, founder and co-partner of Viacor Polymer will continue to manage Viacor Polymer. The management will remain unchanged. The transaction is subject to approval from Bundeskartellamt (German Federal Cartel Office) and is expected to become effective on January 1, 2020.
Sto SE & Co. KGaA (XTRA:STO3) completed the acquisition of 50.1% stake in Viacor Polymer GmbH on January 1, 2020. Duyuru • Aug 09
Sto SE & Co. KGaA to Report Q2, 2020 Results on Aug 28, 2020 Sto SE & Co. KGaA announced that they will report Q2, 2020 results on Aug 28, 2020