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Latvijas Gaze AS stock price, quote, forecast and news

GZE1R.RG
LV0000100899
927061

Price

4.12
Today +/-
-0.17
Today %
-4.04 %
P

Latvijas Gaze AS stock price

%
Weekly
Details

Price

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Overview

The Quote Chart provides detailed and dynamic insights into the Latvijas Gaze AS stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Latvijas Gaze AS stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Latvijas Gaze AS stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Latvijas Gaze AS's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Latvijas Gaze AS Stock Price History

DateLatvijas Gaze AS Price
8/23/20244.12 undefined
8/22/20244.29 undefined
8/21/20244.40 undefined
8/20/20244.26 undefined
8/19/20243.85 undefined
8/16/20244.05 undefined
8/15/20244.08 undefined
8/14/20244.06 undefined
8/13/20244.01 undefined
8/12/20244.06 undefined

Latvijas Gaze AS Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
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Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Latvijas Gaze AS, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Latvijas Gaze AS from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Latvijas Gaze AS’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Latvijas Gaze AS. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Latvijas Gaze AS’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Latvijas Gaze AS’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Latvijas Gaze AS’s growth potential.

Latvijas Gaze AS Revenue, EBIT and net profit per share

DateLatvijas Gaze AS RevenueLatvijas Gaze AS EBITLatvijas Gaze AS Net Income
2023159.82 M undefined-27.86 M undefined-56.91 M undefined
2022689.75 M undefined112.78 M undefined39.07 M undefined
2021525.43 M undefined177.52 M undefined3.24 M undefined
2020190.49 M undefined12.21 M undefined11.19 M undefined
2019314.35 M undefined20.27 M undefined20.19 M undefined
2018344.9 M undefined22.93 M undefined25.19 M undefined
2017316.79 M undefined24.99 M undefined26.05 M undefined
2016343.79 M undefined38.38 M undefined37.51 M undefined
2015390.89 M undefined26.62 M undefined30.52 M undefined

Latvijas Gaze AS Income Statement, Balance Sheet, Cash Flow Statement

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  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (M)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
201520162017201820192020202120222023
390343316344314190525689159
--12.05-7.878.86-8.72-39.49176.3231.24-76.92
15.9020.9920.8919.1921.3431.0535.6218.43-9.43
627266666759187127-15
263824222012177112-27
6.6711.087.596.406.376.3233.7116.26-16.98
303726252011339-56
-23.33-29.73-3.85-20.00-45.00-72.731,200.00-243.59
---------
---------
39.939.939.939.939.939.939.939.939.9
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Details

Keystats

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Revenue and Growth

The Latvijas Gaze AS Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Latvijas Gaze AS is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (M)LONG-T. INVEST. (M)LONG-T. REC. (k)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (M)TOTAL ASSETS (M)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (M)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (M)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (M)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (M)DEBT (M)TOTAL CAPITAL (M)
201520162017201820192020202120222023
                 
79.21167.6324.8216.284954.2411.3247.0880.1
27.8731.2539.0139.3729.0629.62129.576.8721.74
2.061.124.260.551.340.360.1800
56.523.985.19103.9650.1142.22123.57120.5154.65
24.62350.350.357.1913.539.92118.64170.840.93
190.28554.25153.62167.34143.04136.35383.21415.31157.41
557.45237.52242.48238.47313.03310.01307.472.372.3
000000000
88726328862516
2.282.183.996.648.149.189.644.334
000000000
000000000
559.74239.71246.47245.14321.2319.2317.196.736.31
750.02793.96400.09412.48464.24455.55700.4422.04163.73
                 
55.8655.8655.8655.8655.8655.8655.8655.8655.86
20.3820.3820.3820.3820.3820.3820.3820.3820.38
57.1137.5126.05107.04111.88111.17293.07235.8848.85
000000000
478.06485.62205.77127.08195.6188.43182.94-0.02-0.07
611.4599.37308.05310.36383.71375.84552.24312.1125.02
11.792.391.395.585.495.7351.9933.425.49
7.555.4714.2513.464.434.326.281.974.72
33.69139.3815.8721.1120.8622.65195.3574.4728.36
003.368.390038.9900
002.633.53.593.5222.190.020
53.03147.2437.552.0434.3836.22314.8109.8838.56
0032.3829.1725.9622.17000
52.424.420000000
33.1822.9322.1620.9220.1921.3216.290.040.08
85.5847.3554.5450.0946.1543.4916.290.040.08
138.61194.5992.04102.1280.5379.71331.1109.9238.64
750.02793.96400.09412.48464.24455.55883.34422.02163.66
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Latvijas Gaze AS provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Latvijas Gaze AS's financial health and stability.

Assets

Latvijas Gaze AS's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Latvijas Gaze AS must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Latvijas Gaze AS after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Latvijas Gaze AS's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
201520162017201820192020202120222023
263722252212-12101-26
333212111213111
000000000
2053-99-15439-72-2350
8-10000029200
000000000
755-3210130
89113-64217935-5310025
-7-7-9-9-12-9-100
-32-29-9-9-12-9-13-60
-24-220000-12-60
000000000
00382-11-338-390
000000000
-284-69-20-34-2123-5212
0350000-4-112
-28-30-107-23-21-17-10-120
2888-142-8325-434037
81.67106.03-73.9612.2366.8826.57-55.0199.1824.25
000000000

Latvijas Gaze AS stock margins

The Latvijas Gaze AS margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Latvijas Gaze AS. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Latvijas Gaze AS.

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EBIT margin
Profit margin
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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Latvijas Gaze AS's sales revenue. A higher gross margin percentage indicates that the Latvijas Gaze AS retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Latvijas Gaze AS's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Latvijas Gaze AS's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Latvijas Gaze AS's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Latvijas Gaze AS. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Latvijas Gaze AS's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Latvijas Gaze AS Margin History

Latvijas Gaze AS Gross marginLatvijas Gaze AS Profit marginLatvijas Gaze AS EBIT marginLatvijas Gaze AS Profit margin
2023-9.42 %-17.43 %-35.61 %
202218.49 %16.35 %5.66 %
202135.63 %33.78 %0.62 %
202031.07 %6.41 %5.87 %
201921.34 %6.45 %6.42 %
201819.24 %6.65 %7.3 %
201720.95 %7.89 %8.22 %
201621.1 %11.16 %10.91 %
201516 %6.81 %7.81 %

Latvijas Gaze AS Stock Sales Revenue, EBIT, Earnings per Share

The Latvijas Gaze AS earnings per share therefore indicates how much revenue Latvijas Gaze AS has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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EBIT per share
Earnings per Share
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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Latvijas Gaze AS earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Latvijas Gaze AS's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Latvijas Gaze AS’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Latvijas Gaze AS's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Latvijas Gaze AS Revenue, EBIT and net profit per share

DateLatvijas Gaze AS Sales per ShareLatvijas Gaze AS EBIT per shareLatvijas Gaze AS Earnings per Share
20234.01 undefined-0.7 undefined-1.43 undefined
202217.29 undefined2.83 undefined0.98 undefined
202113.17 undefined4.45 undefined0.08 undefined
20204.77 undefined0.31 undefined0.28 undefined
20197.88 undefined0.51 undefined0.51 undefined
20188.64 undefined0.57 undefined0.63 undefined
20177.94 undefined0.63 undefined0.65 undefined
20168.62 undefined0.96 undefined0.94 undefined
20159.8 undefined0.67 undefined0.76 undefined

Latvijas Gaze AS business model

Latvijas Gaze AS is a leading company in the gas industry in Latvia, specializing in the production, transmission, and distribution of natural gas. Since its founding in 1992, the company has been based in Riga and utilizes its central location in the Baltic region to offer its services in Latvia and neighboring countries. The company's history began in 1992 when it was established as a joint-stock company. At that time, the demand for natural gas in Latvia had significantly increased, and the company began importing gas from Russia. Over the years, the company has become a key player in the European gas market and expanded its business activities to include various areas such as gas storage, gas transportation, and other services. Today, the company offers a variety of products and services, including supplying households and businesses with natural gas, developing and operating gas infrastructure, gas storage, and providing energy-efficient solutions for heating and hot water applications. A key component of Latvijas Gaze AS's business model is gas transmission. The company owns and operates several pipeline systems that transport natural gas from the Russian border to Latvian cities. The company places a special emphasis on the safety and quality of its facilities, as well as environmental protection. In addition to gas transmission, Latvijas Gaze AS also operates a gas storage facility that plays a crucial role in ensuring gas supply during the winter. The gas storage facility can hold up to 2 billion cubic meters of gas and is the largest storage system in the Baltic region. Another important business sector for the company is the development and operation of gas infrastructure. This includes building gas networks for individual buildings and neighborhoods, as well as providing connections for households and businesses. Latvijas Gaze AS has built up considerable experience and expertise in this field and is an important partner in the development of natural gas infrastructure in Latvia. In addition to the aforementioned areas, the company also offers energy-efficient solutions for heating and hot water applications. This includes the installation of gas condensing boilers and solar systems, as well as consultation services for energy-efficient construction. Overall, Latvijas Gaze AS is an innovative company focused on providing natural gas and related services. With its comprehensive products, services, and innovative solutions, the company contributes to increasing energy security in Latvia and preserving the environment. Latvijas Gaze AS is one of the most popular companies on Eulerpool.com.

Latvijas Gaze AS SWOT Analysis

Strengths

Latvijas Gaze AS benefits from its strategic geographical location in Latvia, which provides access to well-established gas infrastructure and markets in the Baltic region. This enables the company to efficiently supply natural gas to various customers.

The company has managed to build a diversified customer base, including residential, commercial, and industrial customers. This helps to reduce dependency on any single customer segment and ensures a stable revenue stream.

Weaknesses

Latvijas Gaze AS heavily relies on Russian gas imports, which exposes the company to geopolitical risks and potential price fluctuations. This dependency could impact the company's profitability and supply security in the long term.

The company has limited diversification into renewable energy sources, such as wind or solar power. As the global energy sector continues to transition towards cleaner and more sustainable solutions, this could negatively affect Latvijas Gaze AS's competitiveness in the long run.

Opportunities

There is an opportunity for Latvijas Gaze AS to expand its market presence in the Baltic region by leveraging its established infrastructure and expertise. This could be achieved through partnerships, acquisitions, or strategic investments in neighboring countries.

With the increasing focus on renewable energy, Latvijas Gaze AS can seize the opportunity to diversify its energy portfolio by investing in and promoting renewable energy projects. This would align the company with global energy trends and contribute to environmental sustainability.

Threats

Latvijas Gaze AS operates in a competitive market environment, facing competition from other gas suppliers and potential new entrants. This threatens the company's market share and profitability, requiring continuous improvement and innovation to maintain a competitive edge.

The energy sector is subject to frequent regulatory changes and uncertainties, which can impact the operations and profitability of Latvijas Gaze AS. Adapting to new regulations and managing regulatory risks is crucial to ensure long-term success.

Latvijas Gaze AS Eulerpool Fair Value

Details

Fair Value

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Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Latvijas Gaze AS historical P/E ratio, EBIT, and P/S ratio.

Latvijas Gaze AS shares outstanding

The number of shares was Latvijas Gaze AS in 2023 — This indicates how many shares 39.9 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Latvijas Gaze AS earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Latvijas Gaze AS's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Latvijas Gaze AS’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Latvijas Gaze AS's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Latvijas Gaze AS dividend history and estimates

In 2023, Latvijas Gaze AS paid a dividend amounting to 3.26 EUR. Dividend means that Latvijas Gaze AS distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
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Dividend

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Dividend Overview

The dividend per year chart for Latvijas Gaze AS provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Latvijas Gaze AS’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Latvijas Gaze AS's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Latvijas Gaze AS Dividend History

DateLatvijas Gaze AS Dividend
20233.26 undefined
20220.38 undefined
20210.27 undefined
20200.44 undefined
20190.55 undefined
20180.58 undefined
20172.69 undefined
20160.76 undefined
20150.72 undefined

Latvijas Gaze AS dividend payout ratio

In 2023, Latvijas Gaze AS had a payout ratio of 177.72%. The payout ratio indicates the percentage of the company's profits that Latvijas Gaze AS distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Latvijas Gaze AS represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Latvijas Gaze AS could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Latvijas Gaze AS's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Latvijas Gaze AS Payout Ratio History

DateLatvijas Gaze AS Payout ratio
2023177.72 %
202238.76 %
2021337.5 %
2020156.9 %
2019108.69 %
201891.89 %
2017412.05 %
201680.85 %
201594.74 %
Unfortunately, there are currently no price targets and forecasts available for Latvijas Gaze AS.

Latvijas Gaze AS list of shareholders

%
Name
Stocks
Change
Date
34.00 % Gazprom PAO13,566,7017019/30/2023
28.97 % Rietumu Banka JSC11,559,49511,559,49511/29/2023
18.26 % Fortum Oyj7,285,74009/30/2023
16.00 % Itera Group6,384,00119/30/2023
0 % Marguerite Fund0-11,560,64511/24/2023
0 % SIA Energy Investments0011/29/2023
1

Most common questions regarding Latvijas Gaze AS

What values and corporate philosophy does Latvijas Gaze AS represent?

Latvijas Gaze AS represents strong values and a robust corporate philosophy. With a focus on providing reliable and efficient natural gas supply, the company strives for excellence in its operations. Latvijas Gaze AS believes in maintaining long-term partnerships and fostering trust with its customers, shareholders, and stakeholders. The company is committed to ensuring energy security and sustainability in Latvia, while also contributing to the economic development of the country. By applying innovative technologies and sustainable practices, Latvijas Gaze AS aims to continuously improve its services and meet the growing demands of the market.

In which countries and regions is Latvijas Gaze AS primarily present?

Latvijas Gaze AS is primarily present in Latvia, where it is the leading natural gas and electricity provider. As the largest energy company in the country, Latvijas Gaze AS serves various regions within Latvia, including Riga, Daugavpils, Liepaja, Jurmala, and many others. With a strong presence and extensive infrastructure in Latvia, Latvijas Gaze AS plays a crucial role in meeting the energy needs of businesses and households throughout the country.

What significant milestones has the company Latvijas Gaze AS achieved?

Latvijas Gaze AS, a leading gas utility company in Latvia, has accomplished several significant milestones. It successfully completed the unbundling process in 2017, separating its natural gas transmission and storage functions. Latvijas Gaze AS achieved a major breakthrough by diversifying its gas supply sources, enabling greater energy security for the country. The company has also enhanced its infrastructure, including the modernization of gas meters and distribution networks. Additionally, Latvijas Gaze AS has actively contributed to Latvia's energy efficiency improvements, supporting the development of a sustainable and environmentally responsible energy sector. Through these achievements, Latvijas Gaze AS has reinforced its position as a reliable and progressive player in the gas industry, providing quality services to its customers.

What is the history and background of the company Latvijas Gaze AS?

Latvijas Gaze AS is a leading Latvian energy company specializing in natural gas transmission, storage, and distribution. Founded in 1995, the company played a crucial role in liberalizing the Latvian gas market and ensuring a stable supply of natural gas. It has a rich history of contributing to the country's energy sector and has successfully developed strategic infrastructure projects. Latvijas Gaze AS is recognized for its efficient operations, quality service, and commitment to environmental sustainability. With strong customer relationships and a solid market position, it continues to play a vital role in meeting Latvia's energy needs.

Who are the main competitors of Latvijas Gaze AS in the market?

The main competitors of Latvijas Gaze AS in the market are AS Gaso, Eesti Gaas, and Lietuvos Dujos.

In which industries is Latvijas Gaze AS primarily active?

Latvijas Gaze AS is primarily active in the energy industry.

What is the business model of Latvijas Gaze AS?

Latvijas Gaze AS operates in the natural gas industry and serves as the main natural gas supplier in Latvia. The company's business model revolves around importing, storing, and distributing natural gas to residential, commercial, and industrial consumers in Latvia. Latvijas Gaze AS also manages the country's natural gas transmission system and operates the Incukalns underground gas storage facility. With a focus on ensuring reliable and secure gas supplies, the company strives to meet the energy needs of its customers efficiently. Latvijas Gaze AS plays a crucial role in fostering Latvia's energy independence and sustainable economic growth.

What is the P/E ratio of Latvijas Gaze AS 2024?

The P/E ratio cannot be calculated for Latvijas Gaze AS at the moment.

What is the P/S ratio of Latvijas Gaze AS 2024?

The P/S cannot be calculated for Latvijas Gaze AS currently.

What is the AlleAktien quality score of Latvijas Gaze AS?

The AlleAktien quality score for Latvijas Gaze AS is 1/10.

What is the revenue of Latvijas Gaze AS 2024?

The revenue cannot currently be calculated for Latvijas Gaze AS.

How high is the profit of Latvijas Gaze AS 2024?

The profit cannot currently be calculated for Latvijas Gaze AS.

What is the business model of Latvijas Gaze AS

Latvijas Gaze AS is a leading energy provider in Latvia, offering a wide range of products and services related to gas. The company is divided into three business areas - gas transportation, gas distribution, and customer relationship services. In the gas transportation sector, the company operates and maintains gas infrastructure, including gas transportation and distribution networks that enable the transport of natural gas in Latvia and Europe. The company operates a 1,000 km high-pressure gas transmission system and a 2,300 km customer gas distribution network, serving the needs of over 900,000 customers in Latvia. The second business area, gas distribution, involves the procurement, storage, and delivery of natural gas to customers in Latvia. Latvijas Gaze provides customers with access to natural gas and supplies the residential and commercial markets with electricity and heat. The company offers various gas delivery options, including standard rates, flexible rates, and fixed rates. Customers can also choose between different billing cycles. Another significant business area of Latvijas Gaze is customer relationship services. This includes various services, such as the installation, maintenance, and repair of gas appliances and systems, as well as gas billing. The company operates a network of customer service centers and offers a variety of services to support customers' needs and resolve issues. Latvijas Gaze also offers services to support the energy transition and reduce greenhouse gas emissions. The company develops innovative technologies and solutions for harnessing renewable energy sources and integrating decentralized energy sources. Latvijas Gaze has also launched various projects to reduce its CO2 footprint and energy consumption to minimize its environmental impact. The products offered by Latvijas Gaze include natural gas, electricity, and heat energy. The company also provides gas appliances such as boilers, gas stoves, and gas heaters, along with related installation and maintenance services. Customers can also purchase various products and services from the company's e-shop. In relation to the increasing importance of renewable energy, Latvijas Gaze has also specialized in operating biogas stations. These biogas stations allow for the utilization of biomass as an alternative energy source. Latvijas Gaze also provides consulting services related to biogas projects and their implementation. In conclusion, the business model of Latvijas Gaze is focused on providing reliable, sustainable, and affordable gas supply and services. Through its services, the company contributes to supporting the energy transition and combating climate change.

What is the Latvijas Gaze AS dividend?

Latvijas Gaze AS pays a dividend of 0.38 EUR distributed over payouts per year.

How often does Latvijas Gaze AS pay dividends?

The dividend cannot currently be calculated for Latvijas Gaze AS or the company does not pay out a dividend.

What is the Latvijas Gaze AS ISIN?

The ISIN of Latvijas Gaze AS is LV0000100899.

What is the Latvijas Gaze AS WKN?

The WKN of Latvijas Gaze AS is 927061.

What is the Latvijas Gaze AS ticker?

The ticker of Latvijas Gaze AS is GZE1R.RG.

How much dividend does Latvijas Gaze AS pay?

Over the past 12 months, Latvijas Gaze AS paid a dividend of 3.26 EUR . This corresponds to a dividend yield of about 79.13 %. For the coming 12 months, Latvijas Gaze AS is expected to pay a dividend of 3.26 EUR.

What is the dividend yield of Latvijas Gaze AS?

The current dividend yield of Latvijas Gaze AS is 79.13 %.

When does Latvijas Gaze AS pay dividends?

Latvijas Gaze AS pays a quarterly dividend. This is distributed in the months of August, August, August, September.

How secure is the dividend of Latvijas Gaze AS?

Latvijas Gaze AS paid dividends every year for the past 9 years.

What is the dividend of Latvijas Gaze AS?

For the upcoming 12 months, dividends amounting to 3.26 EUR are expected. This corresponds to a dividend yield of 79.13 %.

In which sector is Latvijas Gaze AS located?

Latvijas Gaze AS is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Latvijas Gaze AS kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Latvijas Gaze AS from 8/23/2023 amounting to 2.75 EUR, you needed to have the stock in your portfolio before the ex-date on 8/10/2023.

When did Latvijas Gaze AS pay the last dividend?

The last dividend was paid out on 8/23/2023.

What was the dividend of Latvijas Gaze AS in the year 2023?

In the year 2023, Latvijas Gaze AS distributed 0.376 EUR as dividends.

In which currency does Latvijas Gaze AS pay out the dividend?

The dividends of Latvijas Gaze AS are distributed in EUR.

All fundamentals about Latvijas Gaze AS

Our stock analysis for Latvijas Gaze AS Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Latvijas Gaze AS Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.