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Matas

DB:1MTA
Snowflake Description

Undervalued with adequate balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1MTA
DB
DKK2B
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

Matas A/S, together with its subsidiaries, operates a chain of retail stores that offers beauty, personal care, and health products in Denmark. The last earnings update was 38 days ago. More info.


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  • Matas has significant price volatility in the past 3 months.
1MTA Share Price and Events
7 Day Returns
4.1%
DB:1MTA
1.5%
DE Specialty Retail
-0.6%
DE Market
1 Year Returns
-38.3%
DB:1MTA
-25.4%
DE Specialty Retail
-20.9%
DE Market
1MTA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Matas (1MTA) 4.1% -18.1% -21.1% -38.3% -58.2% -74.2%
DE Specialty Retail 1.5% -26.4% -37.6% -25.4% -67.4% -71.5%
DE Market -0.6% -20% -26.3% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 1MTA underperformed the Specialty Retail industry which returned -25.4% over the past year.
  • 1MTA underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
1MTA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Matas 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 Matas 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 Matas.

DB:1MTA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
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:1MTA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.736 (1 + (1- 22%) (162.28%))
1.448
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.448 * 5.44%)
7.49%

Discounted Cash Flow Calculation for DB:1MTA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Matas 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:1MTA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 7.49%)
2020 268.33 Analyst x3 249.64
2021 336.67 Analyst x3 291.40
2022 393.00 Analyst x3 316.47
2023 419.66 Est @ 6.78% 314.40
2024 439.09 Est @ 4.63% 306.04
2025 452.81 Est @ 3.12% 293.62
2026 462.18 Est @ 2.07% 278.83
2027 468.34 Est @ 1.33% 262.86
2028 472.16 Est @ 0.82% 246.55
2029 474.30 Est @ 0.45% 230.42
Present value of next 10 years cash flows DKK2,790.00
DB:1MTA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= DKK474.30 × (1 + -0.39%) ÷ (7.49% – -0.39%)
DKK5,998.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK5,998.26 ÷ (1 + 7.49%)10
DKK2,913.97
DB:1MTA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK2,790.00 + DKK2,913.97
DKK5,703.97
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK5,703.97 / 38.19
DKK149.37
DB:1MTA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1MTA represents 0.13262x of CPSE:MATAS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.13262x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (DKK) x Listing Adjustment Factor
= DKK 149.37 x 0.13262
€19.81
Value per share (EUR) From above. €19.81
Current discount Discount to share price of €5.55
= -1 x (€5.55 - €19.81) / €19.81
72%

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

Current Discount
Amount off the current price Matas is available for.
Intrinsic value
>50%
Share price is €5.55 vs Future cash flow value of €19.81
Current Discount Checks
For Matas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Matas's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Matas's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Matas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Matas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1MTA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in DKK DKK5.85
CPSE:MATAS Share Price ** CPSE (2020-04-03) in DKK DKK41.85
Germany Specialty Retail Industry PE Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 7.33x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of Matas.

DB:1MTA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 41.85 ÷ 5.85

7.16x

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

  • Matas is good value based on earnings compared to the DE Specialty Retail industry average.
  • Matas is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Matas's expected growth come at a high price?
Raw Data
DB:1MTA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
4.7%per year
Germany Specialty Retail Industry PEG Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 0.15x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

DB:1MTA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.16x ÷ 4.7%

1.52x

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

  • Matas is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Matas's assets?
Raw Data
DB:1MTA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in DKK DKK72.27
CPSE:MATAS Share Price * CPSE (2020-04-03) in DKK DKK41.85
Germany Specialty Retail Industry PB Ratio Median Figure of 6 Publicly-Listed Specialty Retail Companies 0.74x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:1MTA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 41.85 ÷ 72.27

0.58x

* Primary Listing of Matas.

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

  • Matas is good value based on assets compared to the DE Specialty Retail industry average.
X
Value checks
We assess Matas'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 Specialty Retail 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 Specialty Retail industry average (and greater than 0)? (1 check)
  5. Matas has a total score of 5/6, 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.

Future Performance

 How is Matas expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
4.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Matas expected to grow at an attractive rate?
  • Matas's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Matas's earnings growth is positive but not above the Germany market average.
  • Matas's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1MTA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1MTA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 4.7%
DB:1MTA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 2.1%
Germany Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 6.2%
Germany Specialty Retail 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 3.9%

*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:1MTA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1MTA Future Estimates Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2025-03-31 4,052 1
2024-03-31 4,011 1
2023-03-31 3,954 2
2022-03-31 3,865 614 227 3
2021-03-31 3,762 612 205 3
2020-04-05
2020-03-31 3,676 544 195 3
DB:1MTA Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2019-12-31 3,699 442 223
2019-09-30 3,618 492 228
2019-06-30 3,573 431 238
2019-03-31 3,541 451 263
2018-12-31 3,483 412 262
2018-09-30 3,465 406 273
2018-06-30 3,478 412 277
2018-03-31 3,465 384 280
2017-12-31 3,475 451 301
2017-09-30 3,464 521 314
2017-06-30 3,446 475 328
2017-03-31 3,463 483 339

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Matas's earnings are expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
  • Matas's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
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:1MTA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Matas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1MTA Future Estimates Data
Date (Data in DKK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2025-03-31
2024-03-31
2023-03-31
2022-03-31 5.77 5.95 5.45 3.00
2021-03-31 5.36 6.13 4.70 3.00
2020-04-05
2020-03-31 5.10 6.00 4.01 3.00
DB:1MTA Past Financials Data
Date (Data in DKK Millions) EPS *
2019-12-31 5.85
2019-09-30 6.00
2019-06-30 6.29
2019-03-31 6.97
2018-12-31 6.94
2018-09-30 7.26
2018-06-30 7.36
2018-03-31 7.45
2017-12-31 8.00
2017-09-30 8.29
2017-06-30 8.59
2017-03-31 8.79

*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.
  • Matas is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Matas'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Matas has a total score of 1/6, 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.

Past Performance

  How has Matas performed over the past 5 years?

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 Matas's growth in the last year to its industry (Specialty Retail).
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.
  • Matas's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Matas's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Matas's 1-year earnings growth is negative, it can't be compared to the DE Specialty Retail industry average.
Earnings and Revenue History
Matas'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 Matas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1MTA Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,699.20 223.00 982.50
2019-09-30 3,618.40 227.70 1,002.90
2019-06-30 3,573.10 238.20 1,032.50
2019-03-31 3,541.30 263.10 1,045.10
2018-12-31 3,482.90 261.50 1,023.50
2018-09-30 3,465.10 273.30 1,005.70
2018-06-30 3,477.80 277.10 1,002.00
2018-03-31 3,464.80 280.30 1,001.20
2017-12-31 3,474.90 301.20 975.50
2017-09-30 3,464.40 314.00 974.00
2017-06-30 3,446.10 328.10 985.80
2017-03-31 3,463.40 338.70 991.70
2016-12-31 3,448.90 340.00 999.10
2016-09-30 3,436.10 345.90 987.30
2016-06-30 3,447.70 362.70 967.30
2016-03-31 3,426.10 364.50 952.40
2015-12-31 3,433.40 373.60 927.70
2015-09-30 3,423.20 364.60 923.10
2015-06-30 3,432.60 359.10 926.80
2015-03-31 3,433.30 340.30 934.50
2014-12-31 3,405.10 281.40 943.90
2014-09-30 3,382.20 273.40 943.80
2014-06-30 3,368.70 273.90 929.30
2014-03-31 3,344.50 248.90 911.60
2013-12-31 3,329.20 289.60 911.00
2013-09-30 3,266.90 266.50 903.10
2013-06-30 3,228.30 245.80 893.60

*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.
  • Matas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Matas used its assets less efficiently than the DE Specialty Retail industry average last year based on Return on Assets.
  • Matas's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Matas'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 Specialty Retail 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.
Matas has a total score of 0/6, 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.

Health

 How is Matas'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 Matas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Matas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Matas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Matas'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 not covered by short term assets, assets are 0.7x 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 Matas Company Filings, last reported 3 months ago.

DB:1MTA Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,759.80 1,742.10 137.10
2019-09-30 2,640.10 1,783.00 46.50
2019-06-30 2,612.00 1,796.30 162.00
2019-03-31 2,669.90 1,665.00 160.90
2018-12-31 2,636.10 1,575.80 66.20
2018-09-30 2,494.20 1,691.40 54.90
2018-06-30 2,456.30 1,593.70 194.30
2018-03-31 2,620.90 1,561.20 86.40
2017-12-31 2,588.20 1,509.20 52.20
2017-09-30 2,452.60 1,754.60 52.30
2017-06-30 2,410.10 1,712.60 220.30
2017-03-31 2,572.50 1,561.40 33.30
2016-12-31 2,552.60 1,704.00 166.30
2016-09-30 2,493.80 1,785.50 34.60
2016-06-30 2,468.20 1,556.70 106.10
2016-03-31 2,658.30 1,516.30 69.90
2015-12-31 2,663.10 1,665.40 216.70
2015-09-30 2,545.40 1,748.90 99.80
2015-06-30 2,472.90 1,859.10 191.20
2015-03-31 2,643.50 1,634.00 41.50
2014-12-31 2,625.70 1,934.50 336.20
2014-09-30 2,510.60 1,963.60 213.40
2014-06-30 2,444.00 1,783.80 296.10
2014-03-31 2,599.90 1,775.80 140.00
2013-12-31 2,595.50 2,061.90 301.30
2013-09-30 2,453.50 1,961.20 242.40
2013-06-30 2,387.00 1,985.50 211.30
  • Matas's level of debt (63.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (73.5% vs 63.1% today).
  • Debt is well covered by operating cash flow (25.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.1x coverage).
X
Financial health checks
We assess Matas'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. Matas has a total score of 4/6, 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.

Dividends

 What is Matas'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
7.17%
Current annual income from Matas dividends. Estimated to be 5.56% next year.
If you bought €2,000 of Matas shares you are expected to receive €143 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?
  • Matas's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.71%).
  • Matas's dividend is above the markets top 25% of dividend payers in Germany (4.85%).
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:1MTA 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 3 Analyst Estimates (S&P Global) See Below
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 4.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 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 4.9%

Industry and Market average data is calculated daily.

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

DB:1MTA Future Dividends Estimate Data
Date (Data in DKK) Dividend per Share (annual) Avg. No. Analysts
2025-03-31
2024-03-31
2023-03-31
2022-03-31 2.40 3.00
2021-03-31 2.26 3.00
2020-04-05
2020-03-31 2.26 3.00
DB:1MTA Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2019-06-27 3.000 5.426
2018-05-30 6.300 10.042
2017-06-29 6.300 8.076
2016-05-27 6.300 5.755
2015-05-28 5.800 4.412
2014-06-04 5.500 3.853

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

  • Matas has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Matas has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Matas's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Matas'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 Matas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Matas has a total score of 4/6, see the detailed checks below.


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

Management

 What is the CEO of Matas'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.
CEO
Gregers Wedell-Wedellsborg
COMPENSATION DKK9,000,000
AGE 47
TENURE AS CEO 2.4 years
CEO Bio

Mr. Gregers Christian Wedell-Wedellsborg has been the Chief Executive Officer of MATAS A/S since November 1, 2017. Mr. Wedell-Wedellsborg serves as President and Chief Executive Officer of Coop Danmark A/S. Mr. Wedell-Wedellsborg has a broad background in retail. He served as group executive vice president at COOP Danmark A/S, where since 2015 was in charge of operations at SuperBrugsen, Dagli'Brugsen, Kvickly and Irma along with a total of 30,000 employees and aggregrate revenue of more than DKK 30 billion. He was Director of COOP Danmark's e-commerce and members' programme from 2012 to 2014. He served as Director of Coop Bank A/S until August 28, 2017. From 2007 to 2012, he was Director of Digital Media at TV2 Danmark A/S. He worked six years at Berlingske Media. He has served on the boards of directors of a large number of digital entrepreneurial businesses, including Downtown ApS and Momondo Norden A/S. He serves on the boards of directors of Gyldendal A/S, Vallø Stift, Coop Bank A/S and AllUnite A/S. He is a member of the Danish government's Disruption Agency. Mr. Wedell-Wedellsborg is Captain of the Royal Life Guards Reserve. He holds a MSc in Political Science from the University of Copenhagen and a Master in Public Administration from Harvard.

CEO Compensation
  • Gregers's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Gregers's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Matas management team in years:

2.7
Average Tenure
55.5
Average Age
  • The tenure for the Matas management team is about average.
Management Team

Gregers Wedell-Wedellsborg

TITLE
Chief Executive Officer
COMPENSATION
DKK9M
AGE
47
TENURE
2.4 yrs

Anders Skole-Sørensen

TITLE
Chief Financial Officer
COMPENSATION
DKK5M
AGE
57
TENURE
12.7 yrs

Elisabeth Klintholm

TITLE
Head of Investor Relations & Corporate Affairs
TENURE
2.7 yrs

Klaus Fridorf

TITLE
Head of Communication

Anne Hamann

TITLE
Director of Marketing
AGE
54

Henrik Michaelsen

TITLE
Director of Human Resources
AGE
64

Thomas Grane

TITLE
CIO & Head of IT
Board of Directors Tenure

Average tenure and age of the Matas board of directors in years:

6.3
Average Tenure
53
Average Age
  • The tenure for the Matas board of directors is about average.
Board of Directors

Lars Frederiksen

TITLE
Independent Chairman of the Board
COMPENSATION
DKK800K
AGE
61
TENURE
6.8 yrs

Lars Frederiksen

TITLE
Deputy Chairman of the Board
COMPENSATION
DKK500K
AGE
50
TENURE
13.1 yrs

Birgitte Nielsen

TITLE
Independent Director
COMPENSATION
DKK400K
AGE
56
TENURE
6.8 yrs

Christian Mariager

TITLE
Independent Director
COMPENSATION
DKK300K
AGE
58
TENURE
5.8 yrs

Signe Hilstrøm

TITLE
Independent Director
COMPENSATION
DKK300K
AGE
45
TENURE
2.8 yrs

Mette Maix

TITLE
Independent Director
COMPENSATION
DKK300K
AGE
50
TENURE
2.8 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 Matas'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. Matas 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.

News

Simply Wall St News

Company Info

Description

Matas A/S, together with its subsidiaries, operates a chain of retail stores that offers beauty, personal care, and health products in Denmark. It offers beauty and personal care products, including cosmetics, fragrances, skincare, and haircare products; vitamins, minerals, supplements, specialty foods, and herbal medicinal products; household and personal care products, such as household cleaning and maintenance, baby care, foot care, and sports-related products; and over-the-counter medicines, nursing products, etc. The company operates through 279 physical stores. It also operates through Websites, such as matas.dk, helsebixen.dk, jala-helsekost.dk, made4men.dk, etc. Matas A/S was founded in 1949 and is based in Allerød, Denmark.

Details
Name: Matas A/S
1MTA
Exchange: DB
Founded: 1949
DKK212,628,129
38,187,515
Website: http://www.matas.dk
Address: Matas A/S
Rørmosevej 1,
Allerød,
Capital Region of Denmark, 3450,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE MATAS Ordinary Shares OMX Nordic Exchange Copenhagen DK DKK 28. Jun 2013
OTCPK MAAS.F Ordinary Shares Pink Sheets LLC US USD 28. Jun 2013
DB 1MTA Ordinary Shares Deutsche Boerse AG DE EUR 28. Jun 2013
LSE 0QFA Ordinary Shares London Stock Exchange GB DKK 28. Jun 2013
BATS-CHIXE MATASC Ordinary Shares BATS 'Chi-X Europe' GB DKK 28. Jun 2013
Number of employees
Current staff
Staff numbers
2,197
Matas employees.
Industry
Specialty Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 02:10
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


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.