Duyuru • Nov 04
B&S Group S.A. Announces Board Resignations B&S Group S.A. announced that Mr. B.A. Wissink and Mr. W.A. Blijdorp withdrew their candidacies for the Executive Board and Supervisory Board, respectively. Accordingly, the resolutions concerning their appointments became moot and were not voted on. New Risk • Sep 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Dividend is not well covered by cash flows (139% cash payout ratio). Duyuru • Apr 28
B&S Group S.A. Approves the Dividend for the 2024, Payable on or Around July 3, 2025 B&S Group S.A. approved the dividend proposal. The dividend for the 2024 financial year amounts to EUR 0.19 per Ordinary Share and will be payable on or around July 3, 2025. The ex-dividend date is set for April 29, 2025, and the record date for April 30, 2025. Upcoming Dividend • Apr 22
Upcoming dividend of €0.19 per share Eligible shareholders must have bought the stock before 29 April 2025. Payment date: 03 July 2025. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (3.2%). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 45% After last week's 45% share price gain to €5.85, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Retail Distributors industry in Europe. Total loss to shareholders of 3.4% over the past three years. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: €0.47 (vs €0.40 in FY 2023) Full year 2024 results: EPS: €0.47 (up from €0.40 in FY 2023). Revenue: €2.42b (up 8.9% from FY 2023). Net income: €39.9m (up 18% from FY 2023). Profit margin: 1.7% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Retail Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Mar 07
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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Nov 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 44% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (44% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • Nov 12
B&S Group S.A., Annual General Meeting, Apr 25, 2025 B&S Group S.A., Annual General Meeting, Apr 25, 2025. Reported Earnings • Aug 22
First half 2024 earnings released: EPS: €0.16 (vs €0.08 in 1H 2023) First half 2024 results: EPS: €0.16 (up from €0.08 in 1H 2023). Revenue: €1.10b (up 4.2% from 1H 2023). Net income: €13.2m (up 88% from 1H 2023). Profit margin: 1.2% (up from 0.7% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Retail Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. New Risk • May 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 26% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (26% average weekly change). Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 81% After last week's 81% share price gain to €9.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Retail Distributors industry in Europe. Total returns to shareholders of 11% over the past three years. Upcoming Dividend • May 21
Upcoming dividend of €0.16 per share Eligible shareholders must have bought the stock before 28 May 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (4.2%). Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: €0.40 (vs €0.31 in FY 2022) Full year 2023 results: EPS: €0.40 (up from €0.31 in FY 2022). Revenue: €2.22b (up 3.3% from FY 2022). Net income: €33.8m (up 29% from FY 2022). Profit margin: 1.5% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Retail Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 148% After last week's 148% share price gain to €9.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Retail Distributors industry in Europe. Total returns to shareholders of 141% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.75 per share. 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (99% net debt to equity). 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. Profit margins are more than 30% lower than last year (0.9% net profit margin). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 143% After last week's 143% share price gain to €9.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Retail Distributors industry in Europe. Total returns to shareholders of 82% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.28 per share. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 169% After last week's 169% share price gain to €9.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Retail Distributors industry in Europe. Total returns to shareholders of 92% over the past year. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 146% After last week's 146% share price gain to €9.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Retail Distributors industry in Europe. Total returns to shareholders of 83% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.32 per share. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 162% After last week's 162% share price gain to €9.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Retail Distributors industry in Europe. Total returns to shareholders of 90% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.31 per share. Duyuru • Nov 08
B&S Group S.A. to Report First Half, 2024 Results on Aug 19, 2024 B&S Group S.A. announced that they will report first half, 2024 results on Aug 19, 2024 New Risk • Nov 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 47% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (47% average weekly change). Minor Risks High level of debt (99% net debt to equity). 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 (0.9% net profit margin). Buying Opportunity • Nov 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €4.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 8.8% in 2 years. Earnings is forecast to grow by 155% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 184% After last week's 184% share price gain to €9.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Retail Distributors industry in Europe. Total returns to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.74 per share. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 176% After last week's 176% share price gain to €9.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Retail Distributors industry in Europe. Total returns to shareholders of 92% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.34 per share. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 146% After last week's 146% share price gain to €9.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Retail Distributors industry in Europe. Total returns to shareholders of 105% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €13.27 per share. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 153% After last week's 153% share price gain to €9.36, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Retail Distributors industry in Europe. Total returns to shareholders of 83% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.76 per share. Reported Earnings • Aug 22
First half 2023 earnings released: EPS: €0.08 (vs €0.15 in 1H 2022) First half 2023 results: EPS: €0.08 (down from €0.15 in 1H 2022). Revenue: €1.06b (up 7.6% from 1H 2022). Net income: €7.03m (down 43% from 1H 2022). Profit margin: 0.7% (down from 1.2% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Retail Distributors industry in the United Kingdom. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 138% After last week's 138% share price gain to €9.36, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Retail Distributors industry in Europe. Total returns to shareholders of 87% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €14.09 per share. Buying Opportunity • Aug 02
Now 21% undervalued Over the last 90 days, the stock is up 3.3%. The fair value is estimated to be €4.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 3.9%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.