Volatile business figures - risk or opportunity?
What seems to put investors off, however, is the unsteady development of the business figures.
In the last financial year, for example, turnover slumped by 47.7% to 126.5 million euros and earnings even fell by 72.9% to 1.62 euros per share.
However, the trend is clearly pointing upwards, with the highest consolidated turnover and profit achieved in 2023.
The high fluctuations are mainly due to the project business. Depending on the grid connection date, funds flow in one financial year or the other.
However, Energiekontor also had to contend with external challenges. The limited availability of wind turbines and large components led to delays and higher costs. In addition, there were delays in grid expansion.
The company responded to this with a whole series of strategic measures. These include technical and commercial optimization measures, securing attractive electricity tariffs for existing turbines and additional procurement measures outside Europe.
These measures and the completion of several projects should contribute to an increase in earnings before taxes (EBT) from EUR 36.2 million to EUR 70 - 90 million this year.
According to estimates, earnings of EUR 4.27 per share are expected. New record earnings of over EUR 6.00 per share are expected in the coming financial year.
If the forecasts are correct, the share price is likely to rise. Energiekontor currently has a P/E ratio of 11.1. KGV around a value of 20
Energiekontor share: Chart from 22.07.2025, price: EUR 47.20 - symbol: EKT | source: TWS
The share could be in the process of forming a bottom. If it now manages to break out above EUR 50, a procyclical uptrend will ensue Kaufsignal with possible price targets at 55 and 60 euros. The chart picture brightens sustainably above this level.
If, on the other hand, the share falls below EUR 40, the bulls will have lost their chance for the time being
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