Real-time Estimate
Cboe Europe
06:27:46 2024-06-10 am EDT
|
5-day change
|
1st Jan Change
|
208.5
DKK
|
-1.04%
|
|
-1.93%
|
+15.69%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
92,042
|
85,818
|
96,358
|
116,798
|
154,937
|
179,461
|
-
|
-
|
Enterprise Value (EV)
1 |
92,042
|
85,818
|
96,358
|
116,798
|
154,937
|
179,461
|
179,461
|
179,461
|
P/E ratio
|
6.46
x
|
21.4
x
|
7.74
x
|
-22.9
x
|
7.3
x
|
8.56
x
|
8.22
x
|
7.7
x
|
Yield
|
7.88%
|
1.99%
|
6.64%
|
-
|
8.04%
|
7.04%
|
7.29%
|
7.78%
|
Capitalization / Revenue
|
2.05
x
|
2.02
x
|
2.26
x
|
2.83
x
|
2.95
x
|
3.25
x
|
3.24
x
|
3.19
x
|
EV / Revenue
|
2.05
x
|
2.02
x
|
2.26
x
|
2.83
x
|
2.95
x
|
3.25
x
|
3.24
x
|
3.19
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.59
x
|
0.54
x
|
0.56
x
|
0.73
x
|
0.88
x
|
0.96
x
|
0.91
x
|
0.87
x
|
Nbr of stocks (in thousands)
|
853,820
|
852,639
|
853,105
|
850,681
|
858,852
|
851,736
|
-
|
-
|
Reference price
2 |
107.8
|
100.6
|
113.0
|
137.3
|
180.4
|
210.7
|
210.7
|
210.7
|
Announcement Date
|
2/5/20
|
2/4/21
|
2/3/22
|
2/2/23
|
2/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
44,982
|
42,383
|
42,584
|
41,203
|
52,445
|
55,245
|
55,473
|
56,313
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
17,434
|
13,901
|
16,921
|
14,725
|
27,031
|
29,641
|
30,156
|
30,095
|
Operating Margin
|
38.76%
|
32.8%
|
39.74%
|
35.74%
|
51.54%
|
53.65%
|
54.36%
|
53.44%
|
Earnings before Tax (EBT)
1 |
13,822
|
6,304
|
16,571
|
-2,284
|
26,682
|
27,989
|
27,787
|
28,418
|
Net income
1 |
14,285
|
4,038
|
12,469
|
-5,153
|
21,262
|
20,513
|
20,201
|
20,322
|
Net margin
|
31.76%
|
9.53%
|
29.28%
|
-12.51%
|
40.54%
|
37.13%
|
36.42%
|
36.09%
|
EPS
2 |
16.70
|
4.700
|
14.60
|
-6.000
|
24.70
|
24.61
|
25.64
|
27.36
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
8.500
|
2.000
|
7.500
|
-
|
14.50
|
14.83
|
15.35
|
16.40
|
Announcement Date
|
2/5/20
|
2/4/21
|
2/3/22
|
2/2/23
|
2/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
11,076
|
10,327
|
8,746
|
9,767
|
12,362
|
13,411
|
12,176
|
13,031
|
13,827
|
13,955
|
13,720
|
13,879
|
14,081
|
14,132
|
14,123
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,286
|
3,955
|
2,325
|
-12,637
|
5,454
|
7,131
|
5,838
|
6,827
|
7,235
|
7,618
|
7,348
|
7,768
|
7,404
|
7,744
|
7,717
|
Operating Margin
|
38.7%
|
38.3%
|
26.58%
|
-129.38%
|
44.12%
|
53.17%
|
47.95%
|
52.39%
|
52.33%
|
54.59%
|
53.56%
|
55.97%
|
52.59%
|
54.8%
|
54.64%
|
Earnings before Tax (EBT)
1 |
4,500
|
3,707
|
2,164
|
-13,033
|
4,877
|
6,954
|
6,018
|
6,475
|
7,235
|
7,517
|
6,902
|
7,112
|
6,740
|
7,396
|
7,368
|
Net income
1 |
3,551
|
2,765
|
1,835
|
-13,792
|
4,174
|
5,167
|
5,011
|
5,319
|
5,765
|
5,629
|
5,153
|
5,246
|
4,960
|
5,337
|
5,321
|
Net margin
|
32.06%
|
26.77%
|
20.98%
|
-141.21%
|
33.76%
|
38.53%
|
41.15%
|
40.82%
|
41.69%
|
40.34%
|
37.56%
|
37.8%
|
35.23%
|
37.76%
|
37.68%
|
EPS
2 |
4.200
|
3.200
|
2.000
|
-16.20
|
4.900
|
6.000
|
5.800
|
6.200
|
6.700
|
6.500
|
6.030
|
6.148
|
5.790
|
6.638
|
6.677
|
Dividend per Share
2 |
7.500
|
-
|
-
|
-
|
-
|
-
|
7.000
|
-
|
7.500
|
-
|
-
|
-
|
14.91
|
-
|
-
|
Announcement Date
|
2/3/22
|
4/29/22
|
7/21/22
|
10/27/22
|
2/2/23
|
4/28/23
|
7/21/23
|
10/27/23
|
2/2/24
|
5/2/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
9.6%
|
2.6%
|
7.6%
|
-3.1%
|
12.7%
|
12%
|
11.4%
|
11.4%
|
ROA (Net income/ Total Assets)
|
0.39%
|
0.1%
|
0.3%
|
-0.13%
|
0.56%
|
0.57%
|
0.55%
|
0.55%
|
Assets
1 |
3,669,784
|
3,935,673
|
4,156,333
|
3,848,394
|
3,780,583
|
3,587,785
|
3,668,900
|
3,696,202
|
Book Value Per Share
2 |
183.0
|
188.0
|
201.0
|
188.0
|
204.0
|
219.0
|
230.0
|
242.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/5/20
|
2/4/21
|
2/3/22
|
2/2/23
|
2/2/24
|
-
|
-
|
-
|
Last Close Price
210.7
DKK Average target price
219.2
DKK Spread / Average Target +4.05% Consensus |
1st Jan change
|
Capi.
|
---|
| +15.47% | 26B | | +17.55% | 574B | | +18.15% | 311B | | +15.71% | 254B | | +18.57% | 203B | | +21.72% | 184B | | +27.18% | 172B | | +9.14% | 163B | | +9.22% | 150B | | -8.65% | 143B |
Other Banks
|