Financials Energiekontor AG

Equities

Real-time Estimate Tradegate Other stock markets 10:22:10 2024-06-28 EDT			5-day change	1st Jan Change
63 ^EUR	+0.16%		-6.42%	-24.18%

05-13	Wind and solar park developer Energiekontor expands park portfolio	DP
04-26	Energiekontor to Begin Construction of Repowering Wind Park Project in Germany	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	307.6	823.5	995.3	1,077	1,153	873.1	-	-
Enterprise Value (EV) ¹	508.5	1,049	1,279	1,328	1,371	1,108	1,224	1,290
P/E ratio	1,060 x	40.6 x	28.2 x	24.4 x	13.9 x	23.1 x	12.7 x	11.7 x
Yield	1.89%	0.69%	1.27%	1.3%	1.21%	1.91%	1.91%	2.07%
Capitalization / Revenue	3.19 x	4.99 x	3.74 x	4.21 x	4.19 x	2.91 x	2.04 x	1.85 x
EV / Revenue	5.27 x	6.35 x	4.81 x	5.19 x	4.98 x	3.69 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	8.45 x	8.04 x
EV / FCF	86.5 x	61.4 x	-65.7 x	29.9 x	13.3 x	64.4 x	-25.4 x	-22.4 x
FCF Yield	1.16%	1.63%	-1.52%	3.34%	7.52%	1.55%	-3.93%	-4.46%
Price to Book	5.42 x	12.6 x	12.3 x	8.7 x	6.21 x	4.27 x	3.32 x	2.73 x
Nbr of stocks (in thousands)	14,508	14,198	14,018	13,981	13,939	13,881	-	-
Reference price ²	21.20	58.00	71.00	77.00	82.70	62.90	62.90	62.90
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	300.5	428.8	471.2
EBITDA ¹	38.85	65.38	81.71	99.79	135.6	100.1	144.8	160.3
EBIT ¹	16.3	46	61.68	80	114.4	72.47	118.4	125.9
Operating Margin	16.91%	27.87%	23.16%	31.28%	41.56%	24.12%	27.62%	26.72%
Earnings before Tax (EBT) ¹	0.77	31.23	44.92	62.9	95.48	53.59	98.84	105.8
Net income ¹	0.244	20.42	36.2	44.5	83.32	38.08	70.23	75.3
Net margin	0.25%	12.37%	13.6%	17.4%	30.26%	12.67%	16.38%	15.98%
EPS ²	0.0200	1.430	2.520	3.160	5.970	2.720	4.935	5.385
Free Cash Flow ¹	5.88	17.09	-19.47	44.41	103.1	17.2	-48.17	-57.5
FCF margin	6.1%	10.35%	-7.31%	17.37%	37.43%	5.72%	-11.23%	-12.2%
FCF Conversion (EBITDA)	15.13%	26.14%	-	44.5%	76.01%	17.19%	-	-
FCF Conversion (Net income)	2,409.84%	83.67%	-	99.8%	123.7%	45.15%	-	-
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	235	351	416
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	5.173 x	3.443 x	3.477 x	2.524 x	1.609 x	2.344 x	2.424 x	2.598 x
Free Cash Flow ¹	5.88	17.1	-19.5	44.4	103	17.2	-48.2	-57.5
ROE (net income / shareholders' equity)	0.39%	33.6%	49%	43.3%	53.9%	19%	29.3%	24.6%
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	494.6	826.2	1,158
Book Value Per Share ²	3.910	4.590	5.760	8.850	13.30	14.70	18.90	23.00
Cash Flow per Share ²	0.9200	1.250	4.340	9.840	10.30	3.880	4.000	5.220
Capex ¹	7.46	0.35	81.4	94.2	41.7	63.3	125	167
Capex / Sales	7.74%	0.21%	30.59%	36.85%	15.15%	21.07%	29.18%	35.46%
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

62.9 EUR

Average target price

123.5 EUR

Spread / Average Target

+96.34%

	1st Jan change	Capi.
ENERGIEKONTOR AG	-23.22%	935M
ADANI GREEN ENERGY LIMITED	+11.81%	34.33B
HUANENG LANCANG RIVER HYDROPOWER INC.	+22.71%	26.23B
EDP RENOVÁVEIS, S.A.	-29.28%	14.82B
ENGIE BRASIL ENERGIA S.A.	-2.05%	6.55B
NEOEN	+24.77%	6.17B
NORTHLAND POWER INC.	-0.75%	4.48B
ERG S.P.A.	-18.09%	3.71B
CLEARWAY ENERGY, INC.	-6.53%	2.97B
ENCAVIS AG	+8.21%	2.93B