Financials SP Group A/S

Equities

SPG

DK0061027356

Commodity Chemicals

Market Closed - Nasdaq Copenhagen 08:29:39 03/05/2024 pm IST 5-day change 1st Jan Change
207.5 DKK -0.95% Intraday chart for SP Group A/S -3.94% -5.03%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,699 3,308 5,373 3,118 2,668 2,538 -
Enterprise Value (EV) 1 3,417 3,989 6,192 3,949 3,699 3,325 3,228
P/E ratio 19.4 x 21.3 x 26.8 x 14.7 x 16.8 x 17.5 x 14.9 x
Yield - 1.85% 0.68% 1.17% 1.37% 1.15% 1.36%
Capitalization / Revenue 1.34 x 1.52 x 2.17 x 1.17 x 1.02 x 0.96 x 0.91 x
EV / Revenue 1.7 x 1.83 x 2.5 x 1.49 x 1.42 x 1.26 x 1.16 x
EV / EBITDA 11.1 x 11.2 x 14.6 x 8.25 x 8.39 x 7.41 x 6.61 x
EV / FCF 94,06,13,141 x 2,27,21,116 x 12,45,18,132 x - - - -
FCF Yield 0% 0% 0% - - - -
Price to Book 3.81 x 3.29 x 4.97 x 2.47 x 1.81 x 1.65 x 1.5 x
Nbr of stocks (in thousands) 11,151 12,206 12,183 12,157 12,212 12,112 -
Reference price 2 242.0 271.0 441.0 256.5 218.5 209.5 209.5
Announcement Date 27/03/20 26/03/21 25/03/22 24/03/23 21/03/24 - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 2,013 2,178 2,481 2,656 2,606 2,639 2,790
EBITDA 1 307.5 356.4 422.9 478.4 441 449 488.6
EBIT 1 177.8 214.8 269.1 296.1 241.2 243.1 276.9
Operating Margin 8.83% 9.86% 10.85% 11.15% 9.26% 9.21% 9.92%
Earnings before Tax (EBT) 1 175.4 193.8 257.8 268.5 201.1 189.5 224.1
Net income 1 140.2 150.8 202.7 212.8 158.5 149.7 177.1
Net margin 6.96% 6.92% 8.17% 8.01% 6.08% 5.67% 6.35%
EPS 2 12.46 12.75 16.44 17.49 13.04 11.97 14.02
Free Cash Flow 3.633 175.5 49.73 - - - -
FCF margin 0.18% 8.06% 2% - - - -
FCF Conversion (EBITDA) 1.18% 49.26% 11.76% - - - -
FCF Conversion (Net income) 2.59% 116.4% 24.53% - - - -
Dividend per Share 2 - 5.000 3.000 3.000 3.000 2.400 2.840
Announcement Date 27/03/20 26/03/21 25/03/22 24/03/23 21/03/24 - -
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 719 681 819 831 1,031 788 690
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 2.337 x 1.91 x 1.937 x 1.736 x 2.337 x 1.754 x 1.413 x
Free Cash Flow 3.63 176 49.7 - - - -
ROE (net income / shareholders' equity) 21.1% 17.6% 19.4% 18.2% 11.6% 9.96% 10.6%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 63.50 82.30 88.80 104.0 120.0 127.0 139.0
Cash Flow per Share - - - - - - -
Capex 1 155 145 188 214 183 194 206
Capex / Sales 7.7% 6.65% 7.58% 8.05% 7.03% 7.37% 7.37%
Announcement Date 27/03/20 26/03/21 25/03/22 24/03/23 21/03/24 - -
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
209.5 DKK
Average target price
195 DKK
Spread / Average Target
-6.92%
Consensus

Annual profits - Rate of surprise

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