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Scandinavian Investment Group

DB:2D2
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2D2
DB
DKK79M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Scandinavian Investment Group A/S, together with its subsidiaries, markets and distributes wood-based board products and composite to the timber retailer and the wood-consuming industry nationwide It operates primarily in the Nordic countries, Russia, and France. The last earnings update was 219 days ago. More info.


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2D2 Share Price and Events
7 Day Returns
1.7%
DB:2D2
-0.8%
DE Trade Distributors
7.2%
DE Market
1 Year Returns
-0.6%
DB:2D2
-29.6%
DE Trade Distributors
-17.5%
DE Market
2D2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Scandinavian Investment Group (2D2) 1.7% -13% -15.5% -0.6% - -
DE Trade Distributors -0.8% -25.8% -32.7% -29.6% -38.8% -42.8%
DE Market 7.2% -22.3% -26.1% -17.5% -25.7% -29.1%
1 Year Return vs Industry and Market
  • 2D2 outperformed the Trade Distributors industry which returned -29.6% over the past year.
  • 2D2 outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
2D2
Industry
5yr Volatility vs Market

2D2 Value

 Is Scandinavian Investment Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Scandinavian Investment Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Scandinavian Investment Group.

DB:2D2 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 5.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2D2
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.871 (1 + (1- 22%) (47.62%))
1.131
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.131 * 5.44%)
5.76%

Discounted Cash Flow Calculation for DB:2D2 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Scandinavian Investment Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:2D2 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 5.76%)
2020 2.10 Est @ -51.49% 1.99
2021 1.34 Est @ -36.16% 1.20
2022 1.00 Est @ -25.43% 0.85
2023 0.82 Est @ -17.92% 0.66
2024 0.72 Est @ -12.66% 0.54
2025 0.65 Est @ -8.98% 0.47
2026 0.61 Est @ -6.4% 0.41
2027 0.58 Est @ -4.6% 0.37
2028 0.56 Est @ -3.34% 0.34
2029 0.55 Est @ -2.45% 0.31
Present value of next 10 years cash flows DKK7.00
DB:2D2 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= DKK0.55 × (1 + -0.39%) ÷ (5.76% – -0.39%)
DKK8.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK8.92 ÷ (1 + 5.76%)10
DKK5.09
DB:2D2 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK7.00 + DKK5.09
DKK12.09
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK12.09 / 52.54
DKK0.23
DB:2D2 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2D2 represents 0.1204x of CPSE:SIG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.1204x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (DKK) x Listing Adjustment Factor
= DKK 0.23 x 0.1204
€0.03
Value per share (EUR) From above. €0.03
Current discount Discount to share price of €0.18
= -1 x (€0.18 - €0.03) / €0.03
-549.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Scandinavian Investment Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Scandinavian Investment Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Scandinavian Investment Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2D2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in DKK DKK0.12
CPSE:SIG Share Price ** CPSE (2020-03-27) in DKK DKK1.5
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 11.98x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Scandinavian Investment Group.

DB:2D2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CPSE:SIG Share Price ÷ EPS (both in DKK)

= 1.5 ÷ 0.12

11.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Scandinavian Investment Group is good value based on earnings compared to the DE Trade Distributors industry average.
  • Scandinavian Investment Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Scandinavian Investment Group's expected growth come at a high price?
Raw Data
DB:2D2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Trade Distributors Industry PEG Ratio Median Figure of 29 Publicly-Listed Trade Distributors Companies 1.12x
Germany Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Scandinavian Investment Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Scandinavian Investment Group's assets?
Raw Data
DB:2D2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in DKK DKK1.54
CPSE:SIG Share Price * CPSE (2020-03-27) in DKK DKK1.5
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 0.99x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.42x
DB:2D2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CPSE:SIG Share Price ÷ Book Value per Share (both in DKK)

= 1.5 ÷ 1.54

0.97x

* Primary Listing of Scandinavian Investment Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Scandinavian Investment Group is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Scandinavian Investment Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Scandinavian Investment Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

2D2 Future Performance

 How is Scandinavian Investment Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Scandinavian Investment Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.3%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Scandinavian Investment Group expected to grow at an attractive rate?
  • Unable to compare Scandinavian Investment Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Scandinavian Investment Group's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Scandinavian Investment Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:2D2 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 6.3%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2D2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2D2 Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2019-06-30 337 5 7
2019-03-31 336 -5 8
2018-12-31 334 -14 9
2018-09-30 331 -9 13
2018-06-30 328 -4 16
2018-03-31 320 -3 11
2017-12-31 313 -3 6
2017-09-30 291 8 -2
2017-06-30 269 18 -10
2017-03-31 263 33 -9
2016-12-31 257 49 -8
2016-09-30 202 27 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Scandinavian Investment Group is high growth as no earnings estimate data is available.
  • Unable to determine if Scandinavian Investment Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2D2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Scandinavian Investment Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2D2 Past Financials Data
Date (Data in DKK Millions) EPS *
2019-06-30 0.12
2019-03-31 0.15
2018-12-31 0.18
2018-09-30 0.24
2018-06-30 0.30
2018-03-31 0.21
2017-12-31 0.12
2017-09-30 -0.04
2017-06-30 -0.19
2017-03-31 -0.17
2016-12-31 -0.14
2016-09-30 -0.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Scandinavian Investment Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Scandinavian Investment Group is trading at Scandinavian Investment Group'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Scandinavian Investment Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Scandinavian Investment Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Scandinavian Investment Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Scandinavian Investment Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

2D2 Past Performance

  How has Scandinavian Investment Group performed over the past 5 years?

  • Scandinavian Investment Group's last earnings update was 219 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Scandinavian Investment Group's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Scandinavian Investment Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Scandinavian Investment Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Scandinavian Investment Group's 1-year earnings growth is negative, it can't be compared to the DE Trade Distributors industry average.
Earnings and Revenue History
Scandinavian Investment Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Scandinavian Investment Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2D2 Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 337.20 6.50 38.00
2019-03-31 335.70 7.95 38.50
2018-12-31 334.20 9.40 39.00
2018-09-30 330.85 12.65 38.15
2018-06-30 327.50 15.90 37.30
2018-03-31 320.40 11.00 38.90
2017-12-31 313.30 6.10 40.50
2017-09-30 291.05 -2.15 41.30
2017-06-30 268.80 -10.40 42.10
2017-03-31 262.80 -9.00 42.10
2016-12-31 256.80 -7.60 42.10
2016-09-30 202.25 -10.15 33.80
2016-06-30 147.70 -12.70 25.50
2016-03-31 73.85 -22.50 20.60
2015-12-31 -32.30 15.70
2015-09-30 -58.05 26.75
2015-06-30 -61.10 30.40
2015-03-31 -61.60 31.10
2014-12-31 -65.10 33.00
2014-09-30 -67.90 25.60
2014-06-30 -73.60 28.90
2014-03-31 -79.50 32.40
2013-12-31 -81.70 33.90
2013-09-30 -1,727.40 -94.80 -149.50
2013-06-30 -1,175.80 -91.20 -92.00
2013-03-31 -622.10 -85.30 -33.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Scandinavian Investment Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Scandinavian Investment Group used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Scandinavian Investment Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Scandinavian Investment Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Scandinavian Investment Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

2D2 Health

 How is Scandinavian Investment Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Scandinavian Investment Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Scandinavian Investment Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Scandinavian Investment Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Scandinavian Investment Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 23.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Scandinavian Investment Group Company Filings, last reported 8 months ago.

DB:2D2 Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 80.70 4.40
2019-03-31 80.70 4.40
2018-12-31 77.20 6.90
2018-09-30 77.20 6.90
2018-06-30 71.00 4.50
2018-03-31 71.00 4.50
2017-12-31 63.80 0.00 8.40
2017-09-30 63.80 0.00 8.40
2017-06-30 63.50 6.20 0.60
2017-03-31 63.50 6.20 0.60
2016-12-31 65.60 0.00 2.50
2016-09-30 65.60 0.00 2.50
2016-06-30 68.20 24.80
2016-03-31 68.20 24.80
2015-12-31 76.80 46.30
2015-09-30 76.80 46.30
2015-06-30 110.20 27.80
2015-03-31 110.20 27.80
2014-12-31 151.70 10.80
2014-09-30 242.00 136.80
2014-06-30 261.10 179.20
2014-03-31 287.50 158.70
2013-12-31 322.50 179.90
2013-09-30 546.10 284.20 13.50
2013-06-30 563.60 359.70 12.40
2013-03-31 581.90 301.90 12.00
  • Scandinavian Investment Group's level of debt (5.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (66.9% vs 5.5% today).
  • Debt is well covered by operating cash flow (113.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.3x coverage).
X
Financial health checks
We assess Scandinavian Investment Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Scandinavian Investment Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

2D2 Dividends

 What is Scandinavian Investment Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Scandinavian Investment Group dividends.
If you bought €2,000 of Scandinavian Investment Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Scandinavian Investment Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Scandinavian Investment Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2D2 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2D2 Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2009-11-19 0.000 0.000
2009-08-26 0.000 0.000
2009-05-20 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Scandinavian Investment Group has not reported any payouts.
  • Unable to verify if Scandinavian Investment Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Scandinavian Investment Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Scandinavian Investment Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Scandinavian Investment Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Scandinavian Investment Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Scandinavian Investment Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

2D2 Management

 What is the CEO of Scandinavian Investment Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Scandinavian Investment Group has no CEO, or we have no data on them.
Management Team

Jorgen Ipsen

TITLE
Executive Vice President of Timber & Board Division

Jerzy Karpinski

TITLE
Executive Vice President of Sales - Central Eastern Europe & Russia
AGE
59

Søren Larsen

TITLE
Executive Vice President of Sales - Western Europe
AGE
53
Board of Directors

Carsten Lønfeldt

TITLE
Chairman
AGE
72

Agnete Raaschou-Nielsen

TITLE
Vice Chairman
AGE
62

Kristian Kolding

TITLE
Director
AGE
72
TENURE
11.9 yrs

John Staer

TITLE
Director
AGE
68
TENURE
9.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Scandinavian Investment Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Scandinavian Investment Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

2D2 News

Simply Wall St News

2D2 Company Info

Description

Scandinavian Investment Group A/S, together with its subsidiaries, markets and distributes wood-based board products and composite to the timber retailer and the wood-consuming industry nationwide It operates primarily in the Nordic countries, Russia, and France. The company was founded in 1908 and is headquartered in Søborg, Denmark.

Details
Name: Scandinavian Investment Group A/S
2D2
Exchange: DB
Founded: 1908
DKK10,513,720
52,538,559
Website: http://www.dlh.dk
Address: Scandinavian Investment Group A/S
Transformervej 29,
Søborg,
2860,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE SIG Share Capital OMX Nordic Exchange Copenhagen DK DKK 02. Jan 1992
DB 2D2 Share Capital Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0NT0 Share Capital London Stock Exchange GB DKK 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Scandinavian Investment Group employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/28 22:37
End of day share price update: 2020/03/27 00:00
Last earnings filing: 2019/08/22
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.