Financials Energiekontor AG

Equities

Market Closed - Xetra Other stock markets 11:36:19 2024-04-26 am EDT			5-day change	1st Jan Change
63.4 ^EUR	+0.79%		+2.26%	-23.34%

Apr. 26	Energiekontor to Begin Construction of Repowering Wind Park Project in Germany	MT
Apr. 02	ENERGIEKONTOR AG : Warburg Research keeps its Buy rating	ZD

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	307.6	823.5	995.3	1,077	1,153	880.1	-	-
Enterprise Value (EV) ¹	508.5	1,049	1,279	1,328	1,371	1,115	1,230	1,293
P/E ratio	1,060 x	40.6 x	28.2 x	24.4 x	13.9 x	22.9 x	12.5 x	11.8 x
Yield	1.89%	0.69%	1.27%	1.3%	1.21%	1.89%	1.89%	2.05%
Capitalization / Revenue	3.19 x	4.99 x	3.74 x	4.21 x	4.19 x	2.93 x	2.04 x	1.87 x
EV / Revenue	5.27 x	6.35 x	4.81 x	5.19 x	4.98 x	3.71 x	2.85 x	2.74 x
EV / EBITDA	13.1 x	16 x	15.7 x	13.3 x	10.1 x	11.1 x	8.36 x	8.07 x
EV / FCF	86.5 x	61.4 x	-65.7 x	29.9 x	13.3 x	64.8 x	-26.1 x	-23.1 x
FCF Yield	1.16%	1.63%	-1.52%	3.34%	7.52%	1.54%	-3.84%	-4.33%
Price to Book	5.42 x	12.6 x	12.3 x	8.7 x	6.21 x	4.3 x	3.31 x	2.73 x
Nbr of stocks (in thousands)	14,508	14,198	14,018	13,981	13,939	13,882	-	-
Reference price ²	21.20	58.00	71.00	77.00	82.70	63.40	63.40	63.40
Announcement Date	4/2/20	3/31/21	3/31/22	3/31/23	3/28/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	96.41	165.1	266.3	255.7	275.4	300.6	432	471.2
EBITDA ¹	38.85	65.38	81.71	99.79	135.6	100.2	147.2	160.3
EBIT ¹	16.3	46	61.68	80	114.4	72.57	120.8	125.9
Operating Margin	16.91%	27.87%	23.16%	31.28%	41.56%	24.14%	27.96%	26.72%
Earnings before Tax (EBT) ¹	0.77	31.23	44.92	62.9	95.48	53.69	101.2	105.8
Net income ¹	0.244	20.42	36.2	44.5	83.32	38.14	71.95	75.29
Net margin	0.25%	12.37%	13.6%	17.4%	30.26%	12.69%	16.65%	15.98%
EPS ²	0.0200	1.430	2.520	3.160	5.970	2.773	5.060	5.385
Free Cash Flow ¹	5.88	17.09	-19.47	44.41	103.1	17.2	-47.19	-55.95
FCF margin	6.1%	10.35%	-7.31%	17.37%	37.43%	5.72%	-10.92%	-11.87%
FCF Conversion (EBITDA)	15.13%	26.14%	-	44.5%	76.01%	17.17%	-	-
FCF Conversion (Net income)	2,409.84%	83.67%	-	99.8%	123.7%	45.09%	-	-
Dividend per Share ²	0.4000	0.4000	0.9000	1.000	1.000	1.200	1.200	1.300
Announcement Date	4/2/20	3/31/21	3/31/22	3/31/23	3/28/24	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	201	225	284	252	218	234	350	413
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	5.173 x	3.443 x	3.477 x	2.524 x	1.609 x	2.341 x	2.378 x	2.576 x
Free Cash Flow ¹	5.88	17.1	-19.5	44.4	103	17.2	-47.2	-55.9
ROE (net income / shareholders' equity)	0.39%	33.6%	49%	43.3%	53.9%	19.1%	30%	24.3%
ROA (Net income/ Total Assets)	-	4.87%	7.16%	7.45%	12.3%	7.7%	8.5%	6.5%
Assets ¹	-	419.4	505.5	597.3	677.6	495.3	846.5	1,158
Book Value Per Share ²	3.910	4.590	5.760	8.850	13.30	14.70	19.20	23.30
Cash Flow per Share ²	0.9200	1.250	4.340	9.840	10.30	3.880	4.770	5.220
Capex ¹	7.46	0.35	81.4	94.2	41.7	9.14	167	334
Capex / Sales	7.74%	0.21%	30.59%	36.85%	15.15%	3.04%	38.61%	70.93%
Announcement Date	4/2/20	3/31/21	3/31/22	3/31/23	3/28/24	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

63.4 EUR

Average target price

123.5 EUR

Spread / Average Target

+94.79%

	1st Jan change	Capi.
ENERGIEKONTOR AG	-23.34%	940M
ADANI GREEN ENERGY LIMITED	+13.13%	34.31B
HUANENG LANCANG RIVER HYDROPOWER INC.	+12.05%	24.02B
EDP RENOVÁVEIS, S.A.	-30.63%	14.05B
ENGIE BRASIL ENERGIA S.A.	-12.22%	6.33B
NORTHLAND POWER INC.	-14.83%	3.83B
ERG S.P.A.	-13.37%	3.89B
ENCAVIS AG	+8.47%	2.91B
RENANTIS S.P.A	-.--%	2.89B
CLEARWAY ENERGY, INC.	-15.72%	2.65B