Original-Research: Daldrup & Söhne AG (von Quirin Privatbank Kapitalmarktgeschäft): Buy
|
Original-Research: Daldrup & Söhne AG - from Quirin Privatbank Kapitalmarktgeschäft
Classification of Quirin Privatbank Kapitalmarktgeschäft to Daldrup & Söhne AG
The next major contract Following the award of a major EU-wide geothermal energy contract last month, Daldrup can once again announce that it has won a big contract in the double-digit million Euro range: The company has been awarded a contract as general contractor worth around EUR 16.8m by Amperland Thermalwärme GmbH (“ATW”), based in Olching, northwest of Munich. Daldrup will drill two deflected deep geothermal wells with drilling lengths of around 2,430 meters and 3,300 meters on the site of the Geiselbullach cogeneration plant. Work on the construction of the drilling site is scheduled to begin in September 2025. According to the schedule, drilling is to be carried out from December 2025 to May 2026. As a result, we have increased our estimates in particular for FY 2026: We estimate sales of EUR 88.7m (old: EUR 73.7m) and EBIT of EUR 12.3m (old: EUR 8.7m). Since the drilling will once again take place in the greater Munich area and the drilling equipment can be transported over short distances, we expect cost advantages for both Daldrup and the client. The company is already in talks with other potential municipal and private-sector clients. ATW has received a grant of EUR 8.8m for the financial implementation of the geothermal project. The money comes from the Federal Government's Effective Heating Networks (BEW) program. We therefore confirm our buy recommendation and target price of EUR 20.00. You can download the research here: DALDRUP20250825 For additional information visit our website: https://research.quirinprivatbank.de/ Contact for questions: Quirin Privatbank AG Institutionelles Research Schillerstraße 20 60313 Frankfurt am Main research@quirinprivatbank.de https://research.quirinprivatbank.de/
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
||||||||||||||||||
2188178 25.08.2025 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 24,77 | 28,19 | 78,06 | 38,18 | 49,12 | 54,11 | 52,00 | |
| EBITDA1,2 | -7,87 | 4,20 | 3,95 | 4,25 | 4,94 | 8,52 | 7,40 | |
| EBITDA-Margin3 | -31,77 | 14,90 | 5,06 | 11,13 | 10,06 | 15,75 | 14,23 | |
| EBIT1,4 | -10,79 | 1,89 | 1,54 | 1,84 | 2,59 | 6,94 | 5,30 | |
| EBIT-Margin5 | -43,56 | 6,71 | 1,97 | 4,82 | 5,27 | 12,83 | 10,19 | |
| Net Profit (Loss)1 | -12,33 | -5,20 | 0,78 | 0,85 | 0,89 | 2,49 | 3,70 | |
| Net-Margin6 | -49,78 | -18,45 | 1,00 | 2,23 | 1,81 | 4,60 | 7,12 | |
| Cashflow1,7 | 4,06 | -1,62 | -0,41 | 1,65 | 4,37 | 12,13 | 5,40 | |
| Earnings per share8 | -2,06 | -0,87 | 0,13 | 0,14 | 0,15 | 0,42 | 0,60 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,15 | 0,15 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Grant Thornton
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Daldrup & Söhne | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 783057 | DE0007830572 | AG | 112,90 Mio € | 30.11.2007 | Kaufen | 8FWH2HMM+87 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 25,82 | 30,82 | 0,84 | -41,34 | 4,54 | 9,31 | 2,09 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,00 | 0,15 | 0,15 | 0,77% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 28.08.2025 | 30.09.2025 | 02.06.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +21,44% | +48,73% | +112,88% | +119,10% | +44,44% |
Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.
Contact
