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Exceptionally High Dividend Yield (10.99%) and KGV Value (3.2) - Top Profitable Shares in Austria

Austrian stock market performance this year has been lackluster, offering potential buy-in opportunities with low price-to-earnings ratios and generous dividends.

Austrian Stocks with Exceptional Dividend Yield (10.99%) and KGV of 3.2 - Top Profitable Shares in...
Austrian Stocks with Exceptional Dividend Yield (10.99%) and KGV of 3.2 - Top Profitable Shares in Austria

Exceptionally High Dividend Yield (10.99%) and KGV Value (3.2) - Top Profitable Shares in Austria

In the Austrian market, investors seeking attractive income and valuation characteristics can consider a range of stocks with high dividends and low price-to-earnings (P/E) ratios. Among these, EVN AG, Erste Group, and OMV stand out as potential investments.

EVN AG, an energy provider, boasts a notably low P/E ratio of 8.2x, significantly lower than the average P/E ratios of many Austrian companies which often exceed 14x or even 23x. The company's positive earnings growth and solid dividend yield make it an appealing investment opportunity, provided that its low valuation is not due to deteriorating fundamentals.

Erste Group, an Austrian regional bank, has shown strong performance and a solid forward dividend yield. Despite a lack of specific P/E data, Erste Group's 63.7% return over the past year and steady income stream make it a compelling option among Austrian dividend payers in the Eurozone.

The OMV stock, known for its operations as a gas station operator, has a low P/E ratio of 6.4. Despite the poor performance of the Austrian index ATX this year, OMV remains one of the stocks with high dividends and low P/E ratios. Recently, the OMV stock has experienced some setbacks but may indicate a turnaround, as it has formed a bottom and is back above the 50-day line, creating an opportunity for initial positions.

Investors should note that Raiffeisen Bank International also offers a high dividend yield of 8.90%, and a golden cross has formed, indicating a potential trend reversal. The 50-day line for Raiffeisen Bank International has crossed the 200-day line from below, signalling a good entry opportunity. The OMV stock is still recommended by Börse ONLINE with a target price of 53 euros, and if the 200-day line for the OMV stock is broken, investors can consider buying more.

While Börse ONLINE did not provide specific detailed recommendations for its top picks, these companies align with the sought criteria. For more data analyses and insights, investors can sign up for the BÖRSE ONLINE Outperformance Newsletter. Additionally, Morningstar recommends buying certain 'moat' stocks now, according to a separate article, but no specific stocks were mentioned in the provided text.

Finance experts might find the low P/E ratio of OMV, at 6.4, an intriguing investment opportunity in the stock-market, as it remains one of the Austrian stocks with high dividends and low P/E ratios, despite the poor performance of the Austrian index ATX this year. Erste Group, with a strong performance and a solid forward dividend yield, is another contender for investors looking towards the finance sector, despite the lack of specific P/E data.

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