Overview
Stock exchange listing: Deutsche Börse, Frankfurt (traded on the Frankfurt Stock Exchange, Xetra and all other German trading venues)
Market segment: General Standard
Class of shares: Bearer shares
Sector: Renewable Energy
Initial listing (IPO): 25 May 2000
WKN (German securities identification number): 531350
ISIN: DE0005313506
Reuters: EKT
Shareholder structure: 51.5% management and supervisory bodies; 48.5% free float
Research: Marina Manas Cháfer, Warburg Research
Dr. Karsten von Blumenthal, First Berlin
Designated Sponsor: Oddo Seydler Bank AG
Share capital
The company’s subscribed capital (share capital) as entered in the commercial register amounts to EUR 14,578,160 as at 31 December 2017 and is divided into 14,578,160 bearer ordinary shares.
Financial calendar
| Date | |
Publication of 2018 Annual Report | 10 April 2019 |
Publication of Q1/2019 Interim Report | 15 May 2019 |
| Annual General Meeting of Energiekontor AG | 22 May 2019 |
| Publication of H1/2019 Interim Report | 30 August 2019 |
| Publication of Q3/2019 Interim Report | 15 November 2019 |
| German Equity Forum, Frankfurt a.M. | end of Nov. 2019 |
Analyst reports
Warburg Research
On 28 February 2017, Warburg Research included Energiekontor (ISIN: DE0005313506/Bloomberg: EKT GR) in its coverage. The analyst, Arash Roshan Zamir, recommended the stock as a Buy with a price target of EUR 19.00.
In her latest update on 10 December 2018, Mrs. Marina Manas Cháfer confirmed her Buy recommendation and the price target of EUR 19.00.
The following table shows the analysts’ current assessment of the most important key figures.
| Financial Forecast | 2015 | 2016 | 2017 | 2018e | 2019e | 2020e |
|---|---|---|---|---|---|---|
| Sales (EURm) | 191.3 | 201.8 | 149.9 | 86.7 | 183.1 | 209.4 |
| EBIT (EURm) | 49.7 | 51.6 | 30.9 | 25.3 | 52.6 | 56.8 |
| EBT (EURm) | 29.7 | 33.3 | 14.7 | 8.4 | 31.4 | 34.2 |
| EPS (diluted) (EUR) | 1.43 | 1.59 | 0.68 | 0.41 | 1.52 | 1.65 |
| FCF PS (EURm) | 3.50 | 5.89 | -2.01 | 1.22 | -3.50 | -4.54 |
First Berlin Equity Research
On 5 June 2014, First Berlin Equity Research included Energiekontor (ISIN: DE0005313506/Bloomberg: EKT GR) in its coverage. The analyst, Dr. Karsten von Blumenthal, recommended the stock as a Buy with a price target of EUR 12.20.
In his last update on 22 December 2018, Dr. von Blumenthal confirmed his Buy recommendation with a price target of EUR 23.30.
The following table shows the analysts’ current assessment of the most important key figures.
| Financial Forecast | 2015 | 2016 | 2017 | 2018e | 2019e | 2020e |
|---|---|---|---|---|---|---|
| Total output (EURm) | 210.14 | 166.75 | 202.08 | 137.73 | 265.08 | 336.36 |
| EBIT (EURm) | 49.67 | 53.75 | 32.89 | 20.42 | 43.66 | 56.79 |
| EBT (EURm) | 29.662 | 35.497 | 16.666 | 3.567 | 24.209 | 32.481 |
| EPS (diluted) (EUR) | 1.43 | 1.74 | 0.82 | 0.17 | 1.16 | 1.56 |
| FCF (EURm) | 51.22 | 85.99 | -29.27 | 45.76 | -62.16 | -60.05 |
Please send a note to ir@energiekontor.de if you would like to receive the full analysts’ reports and updates.