Market Closed -
Nasdaq Copenhagen
10:59:45 2024-05-03 am EDT
|
5-day change
|
1st Jan Change
|
116.6
DKK
|
+3.23%
|
|
+5.52%
|
+10.88%
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
27,812
|
44,622
|
48,168
|
16,876
|
19,669
|
31,064
|
-
|
-
|
Enterprise Value (EV)
1 |
28,847
|
45,975
|
48,927
|
18,534
|
20,096
|
31,243
|
30,885
|
30,492
|
P/E ratio
|
88.7
x
|
186
x
|
194
x
|
180
x
|
115
x
|
75.8
x
|
50.6
x
|
37.8
x
|
Yield
|
0.33%
|
0.16%
|
0.15%
|
-
|
-
|
0.32%
|
0.44%
|
0.69%
|
Capitalization / Revenue
|
9.86
x
|
12.5
x
|
12
x
|
3.8
x
|
4.12
x
|
5.86
x
|
5.18
x
|
4.56
x
|
EV / Revenue
|
10.2
x
|
12.9
x
|
12.2
x
|
4.17
x
|
4.21
x
|
5.89
x
|
5.15
x
|
4.47
x
|
EV / EBITDA
|
49
x
|
75.5
x
|
88
x
|
43.8
x
|
31.8
x
|
33.9
x
|
25.6
x
|
20.5
x
|
EV / FCF
|
105
x
|
-346
x
|
-203
x
|
-40.5
x
|
105
x
|
91.4
x
|
68.9
x
|
55.2
x
|
FCF Yield
|
0.95%
|
-0.29%
|
-0.49%
|
-2.47%
|
0.96%
|
1.09%
|
1.45%
|
1.81%
|
Price to Book
|
12.6
x
|
18.8
x
|
12.2
x
|
3.91
x
|
3.69
x
|
5.41
x
|
4.97
x
|
4.64
x
|
Nbr of stocks (in thousands)
|
245,042
|
247,902
|
253,717
|
254,074
|
266,302
|
266,302
|
-
|
-
|
Reference price
2 |
113.5
|
180.0
|
189.8
|
66.42
|
73.86
|
116.6
|
116.6
|
116.6
|
Announcement Date
|
11/13/19
|
11/11/20
|
11/9/21
|
11/15/22
|
11/8/23
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,820
|
3,567
|
4,013
|
4,444
|
4,775
|
5,302
|
6,002
|
6,816
|
EBITDA
1 |
589
|
609
|
556
|
423
|
632
|
920.4
|
1,208
|
1,487
|
EBIT
1 |
480
|
428
|
340
|
122
|
302
|
558.9
|
811.1
|
1,072
|
Operating Margin
|
17.02%
|
12%
|
8.47%
|
2.75%
|
6.32%
|
10.54%
|
13.51%
|
15.73%
|
Earnings before Tax (EBT)
1 |
413
|
322
|
308
|
109
|
210
|
528.8
|
791.4
|
1,063
|
Net income
1 |
317
|
241
|
247
|
93
|
168
|
411
|
615
|
827.5
|
Net margin
|
11.24%
|
6.76%
|
6.15%
|
2.09%
|
3.52%
|
7.75%
|
10.25%
|
12.14%
|
EPS
2 |
1.280
|
0.9700
|
0.9800
|
0.3700
|
0.6400
|
1.539
|
2.304
|
3.082
|
Free Cash Flow
1 |
274
|
-133
|
-241
|
-458
|
192
|
342
|
448.2
|
552.3
|
FCF margin
|
9.72%
|
-3.73%
|
-6.01%
|
-10.31%
|
4.02%
|
6.45%
|
7.47%
|
8.1%
|
FCF Conversion (EBITDA)
|
46.52%
|
-
|
-
|
-
|
30.38%
|
37.16%
|
37.11%
|
37.15%
|
FCF Conversion (Net income)
|
86.44%
|
-
|
-
|
-
|
114.29%
|
83.21%
|
72.88%
|
66.75%
|
Dividend per Share
2 |
0.3800
|
0.2900
|
0.2900
|
-
|
-
|
0.3682
|
0.5165
|
0.8003
|
Announcement Date
|
11/13/19
|
11/11/20
|
11/9/21
|
11/15/22
|
11/8/23
|
-
|
-
|
-
|
Fiscal Period: September |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
1,026
|
1,031
|
1,122
|
1,128
|
1,163
|
1,132
|
1,189
|
1,195
|
1,259
|
1,254
|
1,367
|
1,350
|
1,415
|
EBITDA
1 |
65
|
102
|
125
|
119
|
77
|
145
|
125
|
173
|
189
|
213
|
283
|
238
|
259
|
EBIT
1 |
4
|
40
|
47
|
42
|
-7
|
68
|
46
|
91
|
97
|
126
|
194
|
150
|
171
|
Operating Margin
|
0.39%
|
3.88%
|
4.19%
|
3.72%
|
-0.6%
|
6.01%
|
3.87%
|
7.62%
|
7.7%
|
10.05%
|
14.19%
|
11.11%
|
12.08%
|
Earnings before Tax (EBT)
1 |
-2
|
25
|
182
|
34
|
-132
|
28
|
19
|
63
|
100
|
120
|
190
|
147
|
168
|
Net income
1 |
-1
|
20
|
175
|
28
|
-130
|
22
|
15
|
51
|
80
|
92
|
147
|
114
|
131
|
Net margin
|
-0.1%
|
1.94%
|
15.6%
|
2.48%
|
-11.18%
|
1.94%
|
1.26%
|
4.27%
|
6.35%
|
7.34%
|
10.75%
|
8.44%
|
9.26%
|
EPS
2 |
-
|
0.0800
|
0.6900
|
0.1100
|
-0.5100
|
0.0900
|
0.0600
|
0.1900
|
0.3000
|
0.3500
|
0.5500
|
0.4300
|
0.4900
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/9/21
|
2/8/22
|
5/5/22
|
8/25/22
|
11/15/22
|
2/7/23
|
5/3/23
|
8/31/23
|
11/8/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: September |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,035
|
1,353
|
759
|
1,658
|
427
|
178
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
179
|
572
|
Leverage (Debt/EBITDA)
|
1.757
x
|
2.222
x
|
1.365
x
|
3.92
x
|
0.6756
x
|
0.1939
x
|
-
|
-
|
Free Cash Flow
1 |
274
|
-133
|
-241
|
-458
|
192
|
342
|
448
|
552
|
ROE (net income / shareholders' equity)
|
16%
|
10.6%
|
7.81%
|
2%
|
3%
|
7.39%
|
10.2%
|
12.5%
|
ROA (Net income/ Total Assets)
|
7.21%
|
5.08%
|
4.63%
|
1.44%
|
2.39%
|
5.45%
|
8.31%
|
10.5%
|
Assets
1 |
4,396
|
4,742
|
5,333
|
6,478
|
7,037
|
7,546
|
7,402
|
7,900
|
Book Value Per Share
2 |
9.000
|
9.570
|
15.60
|
17.00
|
20.00
|
21.60
|
23.50
|
25.20
|
Cash Flow per Share
2 |
2.120
|
1.190
|
1.300
|
0.3700
|
1.920
|
2.700
|
3.300
|
4.000
|
Capex
1 |
259
|
428
|
569
|
553
|
326
|
366
|
428
|
459
|
Capex / Sales
|
9.18%
|
12%
|
14.18%
|
12.44%
|
6.83%
|
6.9%
|
7.13%
|
6.74%
|
Announcement Date
|
11/13/19
|
11/11/20
|
11/9/21
|
11/15/22
|
11/8/23
|
-
|
-
|
-
|
Last Close Price
116.6
DKK Average target price
107.2
DKK Spread / Average Target -8.10% Consensus |