Reported Earnings • Mar 22
Full year 2025 earnings released Full year 2025 results: Revenue: €126.3m (up 8.9% from FY 2024). Net income: €500 (down 100% from FY 2024). Profit margin: 0% (down from 1.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €7.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Telecom industry in Europe. Total loss to shareholders of 71% over the past three years. Price Target Changed • Feb 15
Price target decreased by 17% to €28.50 Down from €34.30, the current price target is provided by 1 analyst. New target price is 159% above last closing price of €11.00. Stock is down 19% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.57 last year. Duyuru • Feb 07
ecotel communication ag Reaffirms Consolidated Earnings Guidance for the Financial Year 2025 ecotel communication ag reaffirmed consolidated earnings guidance for the financial year 2025. for the year, the company expects consolidated revenue (guidance: EUR 117–125 million) and consolidated net income (guidance: up to EUR 1 million) – currently remain within the range of the most recently communicated expectations. Major Estimate Revision • Nov 27
Consensus EPS estimates fall by 83% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.96 to €0.16. Revenue forecast unchanged from €121.7m at last update. Net income forecast to grow 80% next year vs 80% growth forecast for Telecom industry in Germany. Consensus price target of €35.20 unchanged from last update. Share price fell 2.4% to €12.20 over the past week. Reported Earnings • Nov 10
Third quarter 2025 earnings released: EPS: €0.15 (vs €0.031 loss in 3Q 2024) Third quarter 2025 results: EPS: €0.15 (up from €0.031 loss in 3Q 2024). Revenue: €33.2m (up 14% from 3Q 2024). Net income: €539.2k (up €647.9k from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 28
Second quarter 2025 earnings released: EPS: €0.12 (vs €0.12 in 2Q 2024) Second quarter 2025 results: EPS: €0.12 (up from €0.12 in 2Q 2024). Revenue: €28.6m (flat on 2Q 2024). Net income: €432.6k (up 1.4% from 2Q 2024). Profit margin: 1.5% (in line with 2Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: €0.12 (vs €0.12 in 2Q 2024) Second quarter 2025 results: EPS: €0.12. Revenue: €28.6m (flat on 2Q 2024). Net income: €432.6k (up 1.4% from 2Q 2024). Profit margin: 1.5% (in line with 2Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Upcoming Dividend • Jun 23
Upcoming dividend of €0.29 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 02 July 2025. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (3.2%). Declared Dividend • May 21
Dividend reduced to €0.29 Dividend of €0.29 is 38% lower than last year. Ex-date: 30th June 2025 Payment date: 2nd July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (184% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 136% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: €0.07 (vs €0.076 in 1Q 2024) First quarter 2025 results: EPS: €0.07 (down from €0.076 in 1Q 2024). Revenue: €28.8m (up 2.0% from 1Q 2024). Net income: €257.5k (down 3.9% from 1Q 2024). Profit margin: 0.9% (in line with 1Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Mar 20
Consensus EPS estimates fall by 43% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €126.2m to €122.9m. EPS estimate also fell from €1.37 per share to €0.78 per share. Net income forecast to grow 49% next year vs 12% growth forecast for Telecom industry in Germany. Consensus price target down from €38.50 to €35.80. Share price was steady at €13.40 over the past week. Price Target Changed • Mar 17
Price target decreased by 7.5% to €35.80 Down from €38.70, the current price target is provided by 1 analyst. New target price is 171% above last closing price of €13.20. Stock is down 15% over the past year. The company is forecast to post earnings per share of €0.78 for next year compared to €0.57 last year. Reported Earnings • Mar 14
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: €0.57 (down from €1.62 in FY 2023). Revenue: €119.7m (up 12% from FY 2023). Net income: €2.01m (down 65% from FY 2023). Profit margin: 1.7% (down from 5.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year. Duyuru • Dec 12
ecotel communication ag to Report Q3, 2025 Results on Nov 06, 2025 ecotel communication ag announced that they will report Q3, 2025 results on Nov 06, 2025 Duyuru • Nov 27
ecotel communication ag to Report Fiscal Year 2024 Results on Mar 13, 2025 ecotel communication ag announced that they will report fiscal year 2024 results on Mar 13, 2025 Major Estimate Revision • Nov 10
Consensus EPS estimates fall by 21%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €108.3m to €110.7m. EPS estimate fell from €0.90 to €0.71 per share. Net income forecast to grow 151% next year vs 151% growth forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €38.50. Share price fell 2.5% to €13.65 over the past week. New Risk • Nov 08
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: 1.3% Last year net profit margin: 3.4% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Paying a dividend despite having no free cash flows. High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (€48.0m market cap, or US$51.5m). Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: €0.12 (vs €0.12 in 3Q 2023) Third quarter 2024 results: EPS: €0.12 (in line with 3Q 2023). Revenue: €26.8m (flat on 3Q 2023). Net income: €417.9k (flat on 3Q 2023). Profit margin: 1.6% (in line with 3Q 2023). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany. 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 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: €0.12 (vs €0.14 in 2Q 2023) Second quarter 2024 results: EPS: €0.12 (down from €0.14 in 2Q 2023). Revenue: €28.9m (up 25% from 2Q 2023). Net income: €426.5k (down 13% from 2Q 2023). Profit margin: 1.5% (down from 2.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 24
Upcoming dividend of €0.47 per share Eligible shareholders must have bought the stock before 01 July 2024. Payment date: 03 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.1%). New Risk • May 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (€50.2m market cap, or US$53.9m). Duyuru • Apr 20
ecotel communication ag Announces Board Changes ecotel communication ag, announced a change to and an expansion of the Management Board team. Accordingly, André Borusiak (47) is to be appointed as CCO on 1 July 2024, succeeding Achim Theis (59), who played an instrumental role at the company as a director for two decades, and will be on hand in a consultancy capacity in future. André Borusiak has 25 years’ experience in the telecommunications industry and previously held various management positions at Siemens and Vodafone, where he was most recently in charge of sales to global accounts. He brings with him a wealth of experience not only in sales, but also in marketing, communications and partner management, and his customer focus and passion for innovation will generate fresh impetus for ecotel. These appointments continue the process of generational change. In 2023, Wilfried Kallenberg (63) handed over his responsibilities as authorised signatory and Chief Technology Officer (CTO) to his successor Alexander Wiese (39), while Sabrina Bublitz (42) was appointed as authorised signatory and Chief Portfolio Officer (CPO). These authorised signatories join Holger Hommes and Oliver Jansen on the company’s Governing Board. André Borusiak(born in 1977) takes over as CCO of ecotel communication ag on 1 July 2024, with responsibility for Business Customer Sales, Key Account Management and Digital Commerce. He has 25 years’ experience in the telecommunications industry and previously held various management positions at Siemens and Vodafone. As a result, he has a wealth of experience not only in sales, but also in marketing, communications and partner management. He has an MBA from the NIMBAS Graduate School of Management in Bradford. Markus Hendrich (born in 1980) is the Chairman of the Management Board of ecotel communication ag and has been on the company’s Management Board since July 2020. In this role, he is currently responsible for Wholesale, Finance, Strategy, Technology, Operations, Portfolio and Processes and for central administrative departments. A graduate in business psychology, he has worked in the telecommunications sector for almost 25 years and has previously spent over 10 years in various management positions at QSC AG and Plusnet GmbH, an EnBW company, most recently as Managing Director for Technology, Product Management and Marketing. Together with company founder Peter Zils, Markus Hendrich represents ecotel and the interests of its business customers on the Executive Committee of the main German telecommunications industry association, the VATM. Major Estimate Revision • Mar 21
Consensus EPS estimates fall by 38% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €117.2m to €109.9m. EPS estimate also fell from €1.47 per share to €0.91 per share. Net income forecast to shrink 44% next year vs 13% growth forecast for Telecom industry in Germany . Consensus price target down from €43.00 to €40.40. Share price was steady at €15.50 over the past week. Price Target Changed • Mar 18
Price target decreased by 10% to €40.40 Down from €45.10, the current price target is provided by 1 analyst. New target price is 159% above last closing price of €15.60. Stock is down 66% over the past year. The company is forecast to post earnings per share of €0.91 for next year compared to €2.12 last year. Reported Earnings • Mar 15
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: €2.12 (down from €2.72 in FY 2022). Revenue: €113.3m (up 21% from FY 2022). Net income: €5.68m (down 41% from FY 2022). Profit margin: 5.0% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 9.4%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 08
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €26.8m (up 8.9% from 3Q 2022). Net income: €417.9k (up €542.9k from 3Q 2022). Profit margin: 1.6% (up from net loss in 3Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Aug 30
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: 3.6% Last year net profit margin: 13% 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 Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (€60.9m market cap, or US$66.5m). Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €36.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Telecom industry in Germany. Total returns to shareholders of 943% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.76 per share. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €37.70, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 37x in the Telecom industry in Germany. Total returns to shareholders of 907% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.98 per share. Buying Opportunity • Apr 24
Now 29% undervalued Over the last 90 days, the stock is up 8.6%. The fair value is estimated to be €52.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is forecast to decline by 16% per annum over the same time period. Upcoming Dividend • Apr 17
Upcoming dividend of €18.82 per share at 39% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 26 April 2023. Trailing yield: 39%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.2%). Reported Earnings • Mar 12
Full year 2022 earnings released Full year 2022 results: Revenue: €109.7m (up 13% from FY 2021). Net income: €9.54m (up 100% from FY 2021). Profit margin: 8.7% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Telecom industry in Germany. Buying Opportunity • Feb 27
Now 21% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €52.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is forecast to decline by 50% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €41.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Telecom industry in Germany. Total returns to shareholders of 500% over the past three years. Major Estimate Revision • Nov 17
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €4.73 to €9.56. Revenue forecast steady at €114.3m. Net income forecast to shrink 44% next year vs 1.7% decline forecast for Telecom industry in Germany. Consensus price target broadly unchanged at €45.80. Share price rose 8.7% to €32.60 over the past week. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: €3.57 (vs €0.27 in 2Q 2021) Second quarter 2022 results: EPS: €3.57 (up from €0.27 in 2Q 2021). Revenue: €47.4m (up 122% from 2Q 2021). Net income: €12.5m (up €11.6m from 2Q 2021). Profit margin: 27% (up from 4.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 9.5% compared to a 2.0% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 04
Upcoming dividend of €2.25 per share Eligible shareholders must have bought the stock before 11 July 2022. Payment date: 13 July 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Major Estimate Revision • Jun 08
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €1.89 to €3.34. Revenue forecast unchanged at €103.8m. Net income forecast to grow 108% next year vs 8.1% growth forecast for Telecom industry in Germany. Consensus price target up from €43.10 to €44.80. Share price rose 10% to €32.30 over the past week. Reported Earnings • May 12
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: €0.37 (up from €0.25 in 1Q 2021). Revenue: €27.6m (up 34% from 1Q 2021). Net income: €1.28m (up 45% from 1Q 2021). Profit margin: 4.7% (up from 4.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to stay flat compared to a 2.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target increased to €41.60 Up from €36.90, the current price target is an average from 2 analysts. New target price is 44% above last closing price of €28.80. Stock is up 117% over the past year. The company is forecast to post earnings per share of €1.83 for next year compared to €1.36 last year. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €1.36 (up from €0.28 in FY 2020). Revenue: €97.6m (down 1.0% from FY 2020). Net income: €4.78m (up 378% from FY 2020). Profit margin: 4.9% (up from 1.0% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to stay flat compared to a 1.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 25
ecotel communication ag to Report Q1, 2022 Results on May 10, 2022 ecotel communication ag announced that they will report Q1, 2022 results on May 10, 2022 Duyuru • Feb 24
ecotel communication ag to Report Q3, 2022 Results on Nov 08, 2022 ecotel communication ag announced that they will report Q3, 2022 results on Nov 08, 2022 Duyuru • Feb 09
ecotel communication ag, Annual General Meeting, Jul 08, 2022 ecotel communication ag, Annual General Meeting, Jul 08, 2022. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €28.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Telecom industry in Germany. Total returns to shareholders of 229% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 16% share price gain to €29.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Telecom industry in Germany. Total returns to shareholders of 291% over the past three years. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS €0.39 (vs €0.05 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: €24.8m (down 6.6% from 3Q 2020). Net income: €1.37m (up €1.19m from 3Q 2020). Profit margin: 5.5% (up from 0.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 20% share price gain to €30.60, the stock trades at a trailing P/E ratio of 38.2x. Average forward P/E is 18x in the Telecom industry in Germany. Total returns to shareholders of 289% over the past three years. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS €0.27 (vs €0.009 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €21.4m (down 7.2% from 2Q 2020). Net income: €950.7k (up €982.7k from 2Q 2020). Profit margin: 4.4% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 21% share price gain to €21.40, the stock trades at a trailing P/E ratio of 43.6x. Average forward P/E is 18x in the Telecom industry in Germany. Total returns to shareholders of 169% over the past three years. Upcoming Dividend • Jul 02
Upcoming dividend of €0.14 per share Eligible shareholders must have bought the stock before 09 July 2021. Payment date: 13 July 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.4%). Reported Earnings • May 16
First quarter 2021 earnings released: EPS €0.25 (vs €0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €20.7m (up 4.8% from 1Q 2020). Net income: €884.7k (up €831.7k from 1Q 2020). Profit margin: 4.3% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 15% share price gain to €13.60, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 22x in the Telecom industry in Germany. Total returns to shareholders of 50% over the past three years. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS €0.28 (vs €0.047 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €99.1m (up 19% from FY 2019). Net income: €1.00m (up €1.17m from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Mar 05
ecotel communication ag to Report First Half, 2021 Results on Aug 05, 2021 ecotel communication ag announced that they will report first half, 2021 results on Aug 05, 2021