Upcoming Dividend • Apr 20
Upcoming dividend of €2.70 per share Eligible shareholders must have bought the stock before 27 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (3.7%). Declared Dividend • Mar 20
Dividend reduced to €2.70 Dividend of €2.70 is 35% lower than last year. Ex-date: 27th April 2026 Payment date: 29th April 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 101% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 19
STEF SA announces Annual dividend, payable on April 29, 2026 STEF SA announced Annual dividend of EUR 2.7000 per share payable on April 29, 2026, ex-date on April 27, 2026 and record date on April 28, 2026. Reported Earnings • Mar 18
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: €6.68 (down from €11.89 in FY 2024). Revenue: €5.12b (up 6.6% from FY 2024). Net income: €84.3m (down 43% from FY 2024). Profit margin: 1.6% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Mar 14
STEF SA, Annual General Meeting, Apr 23, 2026 STEF SA, Annual General Meeting, Apr 23, 2026. Major Estimate Revision • Sep 11
Consensus EPS estimates fall by 26% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €11.42 to €8.41 per share. Revenue forecast steady at €5.03b. Net income forecast to grow 35% next year vs 33% growth forecast for Transportation industry in France. Consensus price target down from €154 to €148. Share price fell 7.1% to €121 over the past week. Reported Earnings • Sep 05
First half 2025 earnings released: EPS: €1.26 (vs €5.44 in 1H 2024) First half 2025 results: EPS: €1.26 (down from €5.44 in 1H 2024). Revenue: €2.47b (up 6.4% from 1H 2024). Net income: €15.8m (down 77% from 1H 2024). Profit margin: 0.6% (down from 2.9% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jun 20
Now 23% undervalued Over the last 90 days, the stock has risen 4.0% to €130. The fair value is estimated to be €168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Buy Or Sell Opportunity • May 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.6% to €128. The fair value is estimated to be €163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Upcoming Dividend • Apr 30
Upcoming dividend of €4.15 per share Eligible shareholders must have bought the stock before 07 May 2025. Payment date: 09 May 2025. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of French dividend payers (5.5%). In line with average of industry peers (3.4%). Buy Or Sell Opportunity • Apr 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to €120. The fair value is estimated to be €155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Duyuru • Apr 09
STEF SA, Annual General Meeting, Apr 30, 2025 STEF SA, Annual General Meeting, Apr 30, 2025. Location: 93 boulevard malesherbes, paris France Declared Dividend • Mar 26
Dividend reduced to €4.15 Dividend of €4.15 is 19% lower than last year. Ex-date: 7th May 2025 Payment date: 9th May 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Mar 17
Consensus EPS estimates fall by 22% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €14.41 to €11.31 per share. Revenue forecast steady at €5.01b. Net income forecast to shrink 6.6% next year vs 24% growth forecast for Transportation industry in France . Consensus price target of €156 unchanged from last update. Share price fell 10% to €121 over the past week. Upcoming Dividend • Apr 26
Upcoming dividend of €5.10 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (4.6%). Upcoming Dividend • Apr 23
Upcoming dividend of €5.10 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (4.6%). Declared Dividend • Mar 20
Dividend increased to €5.10 Dividend of €5.10 is 27% higher than last year. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 3.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (316% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 10
Full year 2023 earnings released Full year 2023 results: Revenue: €4.44b (up 4.2% from FY 2022). Net income: €174.7m (up 19% from FY 2022). Profit margin: 3.9% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Transportation industry in Europe. Duyuru • Mar 09
STEF SA to Report First Half, 2024 Results on Sep 05, 2024 STEF SA announced that they will report first half, 2024 results on Sep 05, 2024 Price Target Changed • Mar 08
Price target increased by 9.5% to €143 Up from €130, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €125. Stock is up 15% over the past year. The company is forecast to post earnings per share of €13.20 for next year compared to €11.79 last year. Duyuru • Oct 28
STEF SA (ENXTPA:STF) signed an agreement to acquire Bakker Logistiek Groep B.V. STEF SA (ENXTPA:STF) signed an agreement to acquire Bakker Logistiek Groep B.V. on October 26, 2023. BAKKER Logistiek generated the revenue of €150 million for the year ended 2022. The transaction is subject to approval from the ACM, the Dutch competition authority as well as regulatory consultation procedures. The transaction is expected to close in the first quarter of 2024. Duyuru • Oct 10
STEF SA (ENXTPA:STF) signed an agreement to acquire Transwest Nv. STEF SA (ENXTPA:STF) signed an agreement to acquire Transwest Nv on October 9, 2023. Completion of the acquisition is scheduled for the end of October 2023. Buying Opportunity • May 15
Now 21% undervalued Over the last 90 days, the stock is up 1.1%. The fair value is estimated to be €136, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period. Upcoming Dividend • Apr 26
Upcoming dividend of €4.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (5.2%). Reported Earnings • Mar 12
Full year 2022 earnings released Full year 2022 results: Revenue: €4.26b (up 22% from FY 2021). Net income: €146.4m (up 33% from FY 2021). Profit margin: 3.4% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Transportation industry in Europe. Price Target Changed • Mar 06
Price target increased by 15% to €125 Up from €109, the current price target is an average from 3 analysts. New target price is 17% above last closing price of €107. Stock is up 20% over the past year. The company is forecast to post earnings per share of €10.59 for next year compared to €8.88 last year. Duyuru • Feb 10
Stef Enters into Discussions with CMA-CGM on La Méridionale Sale STEF SA (ENXTPA:STF) has entered into discussions with the CMA CGM S.A. with a view to the possible sale of La Méridionale SA. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €113, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Transportation industry in Europe. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.97 per share. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Sophie Breuil was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Oct 22
Price target decreased to €110 Down from €121, the current price target is an average from 3 analysts. New target price is 36% above last closing price of €80.40. Stock is down 26% over the past year. The company is forecast to post earnings per share of €9.98 for next year compared to €8.88 last year. Reported Earnings • Sep 04
First half 2022 earnings released: EPS: €5.32 (vs €3.66 in 1H 2021) First half 2022 results: EPS: €5.32 (up from €3.66 in 1H 2021). Revenue: €2.01b (up 23% from 1H 2021). Net income: €66.0m (up 46% from 1H 2021). Profit margin: 3.3% (up from 2.8% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.9%, compared to a 6.9% growth forecast for the Transportation industry in France. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Apr 27
Upcoming dividend of €3.00 per share Eligible shareholders must have bought the stock before 03 May 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of French dividend payers (4.8%). Lower than average of industry peers (4.7%). Reported Earnings • Mar 12
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €3.51b (up 12% from FY 2020). Net income: €110.0m (up 51% from FY 2020). Profit margin: 3.1% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.3%, compared to a 14% growth forecast for the industry in France. Price Target Changed • Oct 26
Price target increased to €128 Up from €119, the current price target is an average from 3 analysts. New target price is 17% above last closing price of €109. Stock is up 70% over the past year. The company is forecast to post earnings per share of €8.67 for next year compared to €5.88 last year. Reported Earnings • Sep 08
First half 2021 earnings released: EPS €3.66 (vs €1.20 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.64b (up 9.8% from 1H 2020). Net income: €45.3m (up 205% from 1H 2020). Profit margin: 2.8% (up from 1.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Price Target Changed • Sep 06
Price target increased to €119 Up from €104, the current price target is an average from 3 analysts. New target price is 20% above last closing price of €99.40. Stock is up 46% over the past year. Price Target Changed • Sep 03
Price target increased to €109 Up from €101, the current price target is an average from 3 analysts. New target price is 7.6% above last closing price of €101. Stock is up 52% over the past year. Price Target Changed • May 04
Price target increased to €94.40 Up from €86.97, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €93.10. Stock is up 38% over the past year. Upcoming Dividend • Apr 28
Upcoming dividend of €2.50 per share Eligible shareholders must have bought the stock before 04 May 2021. Payment date: 06 May 2021. Trailing yield: 5.5%. Within top quartile of French dividend payers (4.1%). In line with average of industry peers (5.7%). Price Target Changed • Mar 15
Price target increased to €86.97 Up from €79.23, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of €84.70. Stock is up 42% over the past year. Reported Earnings • Mar 13
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €3.15b (down 8.6% from FY 2019). Net income: €72.8m (down 27% from FY 2019). Profit margin: 2.3% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Feb 22
New 90-day high: €78.10 The company is up 11% from its price of €70.10 on 24 November 2020. The French market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €126 per share. Is New 90 Day High Low • Jan 05
New 90-day high: €74.20 The company is up 2.0% from its price of €73.00 on 07 October 2020. The French market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €129 per share.