olivLaw · European equity research
Österreichische Post Aktiengesellschaft POST.VI
Austria · Wiener Börse · ISIN AT0000APOST4 · Vertical: Listed companies from Austria
Österreichische Post is the main postal and logistics provider in Austria, active in letters, parcels and e-commerce. Its strategy integrates financial objectives with sustainability goals, an increasingly important point for investors and regulators.
At the close of 04 Nov 2026, Österreichische Post Aktiengesellschaft (POST.VI) stock was 32.00 EUR (+0.79% on the day), with market capitalisation 2.2 bn EUR, P/E 16.3 on diluted EPS of 1.96 EUR over the last 12 months, dividend yield 5.72%, beta 0.27, 52-week range 29.60–36.15 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 64.8
- strong (55–70)
- Bollinger (20, 2)
- 30.48 – 31.91
- above the upper band · %B 1.07 · band width 4.6%
- SMA 50 / 200
- 31.20 / 32.40
- mixed trend
- MACD (12, 26, 9)
- 0.18 / 0.07
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +4.9% | −1.5% | +6.4 pp | — |
| 3 months | −0.8% | −5.3% | +4.5 pp | — |
| 6 months | +2.4% | +4.7% | −2.3 pp | — |
| Year to date | +2.9% | +6.0% | −3.1 pp | — |
| 1 year | +6.3% | +8.2% | −1.9 pp | +4.0% |
| 3 years | +5.6% | +47.2% | −41.6 pp | +11.8% |
| 5 years | −17.2% | +41.8% | −59.0 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 67 percentile of its own 3-quarter history (min 14.1, median 15.9, max 16.7; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 2.7 bn | 3.1 bn | 3.0 bn |
| Revenue YoY | unavailable | +13.9% | −2.6% |
| Net income | 132.6 m | 137.9 m | 132.2 m |
| Net income YoY | unavailable | +4.0% | −4.1% |
| Diluted EPS | 1.96 | 2.04 | 1.96 |
| Diluted EPS YoY | unavailable | +4.1% | −3.9% |
| net % | 4.8% | 4.4% | 4.3% |
| Free cash flow | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 154.1 m EUR
- Financial debt
- unavailable EUR
- Net debt
- unavailable EUR
- Equity
- 767.6 m EUR
- Total assets
- 6.6 bn EUR
- Debt / equity
- unavailable
- Current ratio
- 0.77x
- ROE
- 17.3%
- ROA
- 2.0%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 2.7 bn | 3.1 bn | 3.0 bn | esef· 29 Apr 2026verified |
| Operating income | 190.2 m | 207.3 m | 196.9 m | esef· 29 Apr 2026verified |
| Interest expense | 33.8 m | 38.8 m | 39.5 m | esef· 29 Apr 2026verified |
| Pre-tax income | 187.2 m | 196.7 m | 181.0 m | esef· 29 Apr 2026verified |
| Income tax | 48.5 m | 50.8 m | 47.0 m | esef· 29 Apr 2026verified |
| Net income | 132.6 m | 137.9 m | 132.2 m | esef· 29 Apr 2026verified |
| Diluted EPS | 1.96 | 2.04 | 1.96 | esef· 29 Apr 2026verified |
| Dividend per share | 1.79 | 1.83 | 1.83 | esef· 29 Apr 2026verified |
Balance sheet · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 87.5 m | 78.5 m | 154.1 m | esef· 29 Apr 2026verified |
| Receivables | 426.7 m | 488.3 m | 479.4 m | esef· 29 Apr 2026verified |
| Inventories | 22.7 m | 24.5 m | 26.6 m | esef· 29 Apr 2026verified |
| Current assets | 666.6 m | 709.6 m | 748.7 m | esef· 29 Apr 2026verified |
| Goodwill | 60.0 m | 60.0 m | 60.3 m | esef· 29 Apr 2026verified |
| Intangibles (excl. goodwill) | 85.9 m | 98.9 m | 96.6 m | esef· 29 Apr 2026verified |
| Total assets | 5.7 bn | 6.5 bn | 6.6 bn | esef· 29 Apr 2026verified |
| Accounts payable | 460.8 m | 533.7 m | 529.8 m | esef· 29 Apr 2026verified |
| Current liabilities | 847.3 m | 994.0 m | 973.5 m | esef· 29 Apr 2026verified |
| Equity | 716.7 m | 761.6 m | 767.6 m | esef· 29 Apr 2026verified |
| Shares outstanding at year end | 67.7 m | 67.6 m | 67.4 m | esef· 29 Apr 2026derived |
Cash flow · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 254.5 m | 121.7 m | 362.4 m | esef· 29 Apr 2026verified |
| Investing cash flow | -95.7 m | -150.5 m | -127.1 m | esef· 29 Apr 2026verified |
| Financing cash flow | -149.8 m | -152.7 m | -212.4 m | esef· 29 Apr 2026verified |
| Dividends paid | 121.0 m | 125.9 m | 127.0 m | esef· 29 Apr 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 5 of at least 6
- score weight coverage: 33.3% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 2.2 bn EUR
Key indicators
Coverage and freshness
Score by group
33% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 22.10 – 43.01 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E22.10 – 43.01 (Mid 32.86)24 companies used · median multiple 16.8x · quartiles 11.3x – 21.9x1AST.VI, ACAG.VI, AMAG.VI, ANDR.VI, BMAG.VI, CPI.VI, DOC.VI, ETS.VI, EVN.VI, FAA.VI, FACC.VI, FQT.VI, MMK.VI, OMV.VI, POS.VI, PYT.VI, ROS.VI, SBO.VI, STR.VI, SWUT.VI, TKA.VI, VER.VI, VOE.VI, WIE.VI
- Dividend discount (DDM)24.89 – 33.94 (Mid 28.72)
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 4.3% | 64 (vs peers) | 19% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 5.0x | 54 (on a fixed band) | 19% |
| Current ratio · Balance sheet | 0.8x | 0 (on a fixed band) | 13% |
| P/E (TTM) · Valuation | 16.3x | 58 (vs peers) | 31% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 5.9% | 84 (on a fixed band) | 19% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet32/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partial64/100 · 1/3 factors with a value
- Returns· partial84/100 · 1/2 factors with a value
- Valuation· partial58/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Österreichische Post Aktiengesellschaft (POST.VI). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 3.0 bn EUR in 2025; YoY growth -2.6%; net margin 4.3%; ROE 18.3%.
The estimated value range is 23.50–38.47 EUR per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 30.79 EUR, the price of 32.00 EUR leaves a potential of -3.8% (value / price − 1) and a margin of safety of -3.9% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Shareholder yield (distributions): 5.9%
What contradicts it
- Current ratio: 0.8x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Listed companies from Austria · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| OMV.VIOmv Aktiengesellschaft | 35.4 bn | 23.3 | 8.9% | 6.3% | −7.2% | +52% / +85% |
| VER.VIVerbund AG | 24.1 bn | 16.2 | 14.7% | 18.6% | −2.8% | +9% / −21% |
| STR.VIStrabag Se | 11.9 bn | 12.9 | 17.2% | 4.9% | +7.4% | +33% / +171% |
| ANDR.VIAndritz AG | 8.0 bn | 17.6 | 19.3% | 5.8% | −5.2% | +32% / +65% |
| VOE.VIvoestalpine AG | 7.2 bn | 17.1 | 5.7% | 2.8% | −4.3% | +13% / +62% |
| EVN.VIEvn AG | 5.4 bn | 12.4 | 6.9% | 14.6% | +3.8% | +14% / +12% |
| ATS.VIAT & S Austria Technologie & Systemtechnik Aktiengesellschaft | 3.0 bn | — | -2.4% | -1.4% | +12.7% | +301% / +428% |
| DOC.VIDO & CO Aktiengesellschaft | 2.4 bn | 22.2 | 24.0% | 4.3% | +7.1% | +12% / +70% |
| CPI.VICPI Europe AG | 2.2 bn | 4.2 | 12.2% | 68.2% | −6.7% | +0% / −17% |
| POST.VIÖsterreichische Post Aktiengesellschaft | 2.2 bn | 16.3 | 18.3% | 4.3% | −2.6% | +5% / +2% |
| WIE.VIWienerberger AG | 1.9 bn | 11.5 | 5.9% | 3.6% | +1.2% | −41% / −33% |
| LNZ.VILenzing Aktiengesellschaft | 1.7 bn | — | -11.8% | -5.2% | −2.3% | −51% / −67% |
| MMK.VIMayr-Melnhof Karton Aktiengesellschaft | 1.3 bn | 17.5 | 3.6% | 1.9% | −4.8% | −19% / −40% |
| POS.VIPorr AG | 1.2 bn | 10.8 | 12.9% | 1.8% | +1.7% | +6% / +168% |
| AMAG.VIAMAG Austria Metall AG | 1.1 bn | 33.6 | 4.7% | 2.3% | +2.1% | +35% / +20% |
| BMAG.VIPIERER Mobility AG | 1.1 bn | 1.8 | 638.9% | 58.9% | −46.3% | +86% / −47% |
| FQT.VIFrequentis AG | 830.6 m | 29.5 | 15.5% | 4.9% | +20.8% | −9% / +122% |
| ETS.VIEuroTeleSites AG | 730.3 m | 21.9 | 8.8% | 11.9% | +3.7% | −7% / +31% |
| AGR.VIAGRANA Beteiligungs-Aktiengesellschaft | 729.2 m | — | -3.6% | -1.2% | −7.9% | −2% / −14% |
| FACC.VIFacc AG | 607.0 m | 28.7 | 9.1% | 2.2% | +11.3% | +23% / +129% |
| ROS.VIRosenbauer International AG | 600.7 m | 12.1 | 17.4% | 3.5% | +9.4% | +37% / +107% |
| 1AST.VIASTA Energy Solutions AG | 515.6 m | 17.1 | 42.3% | 4.3% | +8.3% | unavailable / unavailable |
| SBO.VISbo AG | 451.1 m | 19.1 | 5.2% | 5.2% | −18.8% | +4% / −31% |
| SEM.VISemperit Aktiengesellschaft Holding | 380.1 m | 905.0 | 0.1% | 0.1% | −2.1% | +40% / +28% |
| ACAG.VIAustriacard Holdings AG | 348.9 m | 25.7 | 11.4% | 4.1% | −8.2% | +77% / +65% |
1- and 3-year price returns: for POST.VI from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 17.57 Total return -41% · Per year -41% | 31.18 Total return 3% · Per year 3% | 47.12 Total return 54% · Per year 54% |
| 3 years | 14.72 Total return -42% · Per year -17% | 29.61 Total return 9% · Per year 3% | 49.46 Total return 75% · Per year 21% |
| 5 years | 12.33 Total return -44% · Per year -11% | 28.12 Total return 14% · Per year 3% | 51.90 Total return 98% · Per year 15% |
- Exit P/E± 7.40
- Net margin± 5.18
- Annual revenue growth± 4.56
- Annual dilution± 0.44
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Österreichische Post is the main postal and logistics provider in Austria, active in letters, parcels and e-commerce. Its strategy integrates financial objectives with sustainability goals, an increasingly important point for investors and regulators.
SWOT
Strengths
- Extensive logistics network and consolidated operational know-how in parcel and letter delivery.
- Integration of financial strategy with sustainability objectives, supported by clear governance.
- Rigorous internal control over reporting data, including non-financial information 1.
Weaknesses
- Dependence on operating volumes and workforce costs could limit flexibility.
- The non-financial reporting process is complex and requires significant administrative resources.
- Declining traditional letter volumes could weigh on revenue from classic segments.
Opportunities
- Growth in e-commerce could support parcel volumes and international expansion.
- Fleet electrification and sustainable logistics solutions could reduce long-term costs.
- Digitalising services could raise efficiency and customer satisfaction.
Threats
- Competition from e-commerce platforms with their own networks could reduce market share.
- Stricter ESG regulation could raise compliance costs.
- Economic pressure on transport and personnel costs could affect margins.
Risks
- Non-financial reporting riskmedium
Errors in ESG data could affect the credibility of reporting, although the company applies dedicated internal control 1.
- Workforce riskmedium
Turnover and workplace accidents are tracked as indicators, and a deterioration could raise operating costs 1.
- Regulatory riskmedium
Legislative changes on sustainability reporting could require additional investment.
- Competitive riskhigh
New operators with their own networks could reduce the volumes delivered by the company.
- Cybersecurity riskmedium
Management explicitly names cyber risks as a matter of vigilance, given dependence on digital systems.
Investment thesis
What would need to be true (bull case)
- If digitalisation and fleet electrification succeed in lowering costs, the company could improve operating margins.
- Its established position in the Austrian market and extensive network offer an advantage that is hard to replicate.
- Linking ESG objectives to executive remuneration can support strategy execution over the long term.
What would break the thesis
- If volumes of traditional letters continue to decline, revenue from these segments could come under pressure.
- Compliance costs for ESG regulation could rise faster than operational benefits.
- Competition from large e-commerce platforms could limit volume growth.
What to watch
- Trend in parcel volumes and e-commerce revenueQuarterly results 2026
- Progress of fleet electrification across the group2026
- Workforce indicators, especially turnover and workplace safetyNext annual report
- Impact of sustainability reporting requirements on administrative costs2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The analysed source shows that the company's core value creation comes for over 95% from activities such as collection, transport and storage, with efficiency supported by digitalisation and lower resource use 1. The company is organised around an integrated model of economic and sustainability strategy, approved by the Management Board. Operational management is divided by function, including chief executive, chief operating and chief financial officers 1.
A key element of the business model is the Sustainability Masterplan 2030, which structures objectives across three fields: economy and customers, environment and climate, people and society 1. These objectives also appear in executive remuneration, directly linking operational performance to ESG criteria 1.
The company also mentions internal control over non-financial reporting, applied in the same way as for financial reporting, which points to a focus on the quality of data used to assess performance 1. The business model therefore rests on a combination of physical logistics, digitalisation and management of sustainability risks 1.
Segments
Logistics and parcels
Parcel transport and delivery is described as a central operational area, where management pursues efficiency, international expansion and more sustainable logistics solutions 1.
Postal services and letters
The source refers to the quality of letter and parcel delivery as an indicator tracked in the internal performance system, without detailing the segment's financial contribution in this section 1.
Subsidiaries and investments
The report mentions subsidiaries such as bank99 AG and Aras Kargo, whose results are tracked as distinct strategic priorities within the group 1.
Market context
The company operates in logistics and parcel delivery, supported by the growth of e-commerce, an explicit theme in management's priorities 1. The source does not provide quantitative data on market size in this section.
The regulatory framework, including the directive on sustainability reporting, shapes both how the company reports and its operational requirements 1.
Trends
- Fleet electrificationtailwind
Promoting electric mobility in the group's vehicle fleet is tracked as a strategic objective, which could lower operating costs and emissions if achieved 1.
- Sustainability regulationmixed
ESG reporting requirements are becoming more detailed, raising administrative costs but possibly strengthening investor confidence 1.
- Process digitalisationtailwind
Digitalisation and automation are presented as sources of higher efficiency and lower resource use, though they require continuing investment 1.
- Workforce cost pressureheadwind
Objectives on turnover, workplace safety and diversity show that people management remains a sensitive area with cost implications 1.
Competitive position
The source does not explicitly identify the company's competitors, but operating in parcel logistics and e-commerce implies the presence of transport and courier providers in Central and Eastern Europe.
The company's competitive advantage, in terms of network and local experience, is treated in the report as a core element of strategy, but the source does not directly compare its position with other operators 1.
- Regional courier providers
Parcel delivery companies competing in Central and Eastern European markets.
- European postal operators
Postal service providers in other European states pursuing similar digitalisation goals.
- E-commerce platforms with in-house logistics
Players that internalise delivery, reducing reliance on external providers.
- International logistics integrators
Global logistics companies competing in cross-border transport segments.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202529 Apr 2026
- Annual report 202423 Apr 2025
- Annual report 202323 Apr 2025
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Österreichische Post Aktiengesellschaft · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.