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AS Tallink Grupp

DB:T5N
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
T5N
DB
€631M
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

AS Tallink Grupp, together with its subsidiaries, provides marine passenger and cargo transportation services in the Baltic Sea. The last earnings update was 66 days ago. More info.


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T5N Share Price and Events
7 Day Returns
0.2%
DB:T5N
4.1%
Europe Shipping
2.8%
DE Market
1 Year Returns
-7%
DB:T5N
6.2%
Europe Shipping
3%
DE Market
T5N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AS Tallink Grupp (T5N) 0.2% 2.2% -1.7% -7% 3.9% 57.6%
Europe Shipping 4.1% -1.6% 9.8% 6.2% 6.6% -14.5%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • T5N underperformed the Shipping industry which returned 6.2% over the past year.
  • T5N underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
T5N
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for AS Tallink Grupp's competitors could be found in our database.

T5N Value

 Is AS Tallink Grupp 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 AS Tallink Grupp 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 AS Tallink Grupp.

DB:T5N Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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:T5N
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Shipping Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.733 (1 + (1- 20%) (95.74%))
1.197
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.197 * 5.96%)
7.36%

Discounted Cash Flow Calculation for DB:T5N using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for AS Tallink Grupp 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:T5N DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.36%)
2020 61.65 Analyst x2 57.42
2021 56.00 Analyst x2 48.58
2022 93.90 Analyst x1 75.87
2023 93.40 Analyst x1 70.29
2024 93.14 Est @ -0.28% 65.29
2025 93.03 Est @ -0.12% 60.74
2026 93.01 Est @ -0.02% 56.56
2027 93.06 Est @ 0.06% 52.71
2028 93.16 Est @ 0.11% 49.15
2029 93.29 Est @ 0.14% 45.84
Present value of next 10 years cash flows €582.00
DB:T5N DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €93.29 × (1 + 0.23%) ÷ (7.36% – 0.23%)
€1,310.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,310.25 ÷ (1 + 7.36%)10
€643.79
DB:T5N Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €582.00 + €643.79
€1,225.79
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,225.79 / 669.88
€1.83
DB:T5N Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:T5N represents 0.98726x of TLSE:TAL1T
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98726x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 1.83 x 0.98726
€1.81
Value per share (EUR) From above. €1.81
Current discount Discount to share price of €0.93
= -1 x (€0.93 - €1.81) / €1.81
48.5%

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

Current Discount
Amount off the current price AS Tallink Grupp is available for.
Intrinsic value
49%
Share price is €0.93 vs Future cash flow value of €1.81
Current Discount Checks
For AS Tallink Grupp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AS Tallink Grupp's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • AS Tallink Grupp'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 AS Tallink Grupp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AS Tallink Grupp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:T5N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.05
TLSE:TAL1T Share Price ** TLSE (2019-10-11) in EUR €0.94
Europe Shipping Industry PE Ratio Median Figure of 26 Publicly-Listed Shipping Companies 11.43x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of AS Tallink Grupp.

DB:T5N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TLSE:TAL1T Share Price ÷ EPS (both in EUR)

= 0.94 ÷ 0.05

18.58x

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

  • AS Tallink Grupp is overvalued based on earnings compared to the Europe Shipping industry average.
  • AS Tallink Grupp is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does AS Tallink Grupp's expected growth come at a high price?
Raw Data
DB:T5N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
13.6%per year
Europe Shipping Industry PEG Ratio Median Figure of 14 Publicly-Listed Shipping Companies 0.79x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

DB:T5N PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.58x ÷ 13.6%

1.36x

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

  • AS Tallink Grupp is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on AS Tallink Grupp's assets?
Raw Data
DB:T5N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €1.21
TLSE:TAL1T Share Price * TLSE (2019-10-11) in EUR €0.94
Europe Shipping Industry PB Ratio Median Figure of 43 Publicly-Listed Shipping Companies 0.76x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:T5N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TLSE:TAL1T Share Price ÷ Book Value per Share (both in EUR)

= 0.94 ÷ 1.21

0.78x

* Primary Listing of AS Tallink Grupp.

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

  • AS Tallink Grupp is overvalued based on assets compared to the Europe Shipping industry average.
X
Value checks
We assess AS Tallink Grupp'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 Shipping 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 Shipping industry average (and greater than 0)? (1 check)
  5. AS Tallink Grupp 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.

T5N Future Performance

 How is AS Tallink Grupp expected to perform in the next 1 to 3 years based on estimates from 2 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
13.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AS Tallink Grupp expected to grow at an attractive rate?
  • AS Tallink Grupp's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • AS Tallink Grupp's earnings growth is expected to exceed the Germany market average.
  • AS Tallink Grupp's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:T5N Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:T5N Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 13.6%
DB:T5N Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 0.7%
Europe Shipping Industry Earnings Growth Rate Market Cap Weighted Average 23.5%
Europe Shipping Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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:T5N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:T5N Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 977 1
2022-12-31 968 1
2021-12-31 987 143 51 2
2020-12-31 969 140 49 2
2019-12-31 952 132 42 1
2019-10-13
DB:T5N Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 945 159 34
2019-03-31 944 155 34
2018-12-31 950 157 40
2018-09-30 956 156 43
2018-06-30 955 150 45
2018-03-31 960 147 47
2017-12-31 967 136 46
2017-09-30 960 144 49
2017-06-30 951 137 44
2017-03-31 937 128 36
2016-12-31 938 147 44
2016-09-30 939 153 39

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AS Tallink Grupp's earnings are expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).
  • AS Tallink Grupp's revenue is expected to grow by 0.7% 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:T5N 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 2 Analyst Estimates (S&P Global) See Below

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

DB:T5N Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.08 0.08 0.07 2.00
2020-12-31 0.07 0.08 0.06 2.00
2019-12-31 0.06 0.06 0.06 1.00
2019-10-13
DB:T5N Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.05
2019-03-31 0.05
2018-12-31 0.06
2018-09-30 0.06
2018-06-30 0.07
2018-03-31 0.07
2017-12-31 0.07
2017-09-30 0.07
2017-06-30 0.07
2017-03-31 0.05
2016-12-31 0.07
2016-09-30 0.06

*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.
  • AS Tallink Grupp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess AS Tallink Grupp'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.
AS Tallink Grupp has a total score of 2/6, 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.

T5N Past Performance

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

DB:T5N Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 945.13 33.97 127.40
2019-03-31 944.44 34.36 127.88
2018-12-31 949.72 40.05 124.81
2018-09-30 956.03 42.88 121.72
2018-06-30 955.14 44.62 125.62
2018-03-31 959.58 47.26 123.66
2017-12-31 966.98 46.50 125.01
2017-09-30 960.26 48.94 122.67
2017-06-30 951.16 43.94 122.94
2017-03-31 936.53 35.80 123.32
2016-12-31 937.81 44.10 123.24
2016-09-30 939.30 39.26 121.77
2016-06-30 939.24 41.64 118.73
2016-03-31 947.87 60.39 114.25
2015-12-31 945.20 59.07 110.89
2015-09-30 941.71 68.78 110.52
2015-06-30 930.81 59.72 109.82
2015-03-31 923.41 37.29 111.63
2014-12-31 921.47 27.26 111.87
2014-09-30 921.31 26.40 108.79
2014-06-30 937.04 34.28 109.40
2014-03-31 939.61 37.46 108.25
2013-12-31 941.98 43.31 108.44
2013-09-30 940.82 41.49 109.92
2013-06-30 944.87 47.01 110.08
2013-03-31 940.66 57.73 110.36
2012-12-31 943.87 56.30 109.49

*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.
  • AS Tallink Grupp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • AS Tallink Grupp used its assets less efficiently than the Europe Shipping industry average last year based on Return on Assets.
  • AS Tallink Grupp's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess AS Tallink Grupp'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 Shipping 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.
AS Tallink Grupp 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.

T5N Health

 How is AS Tallink Grupp'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 AS Tallink Grupp's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AS Tallink Grupp's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • AS Tallink Grupp's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of AS Tallink Grupp'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 0.3x 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 AS Tallink Grupp Company Filings, last reported 3 months ago.

DB:T5N Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 809.91 498.35 67.07
2019-03-31 828.26 503.77 47.78
2018-12-31 856.92 510.63 82.18
2018-09-30 858.71 517.01 92.98
2018-06-30 812.70 540.13 90.40
2018-03-31 817.06 554.73 70.13
2017-12-31 836.28 565.31 88.91
2017-09-30 838.86 720.55 80.16
2017-06-30 791.06 742.18 81.96
2017-03-31 793.09 771.00 72.23
2016-12-31 809.87 567.83 78.77
2016-09-30 811.16 559.02 88.77
2016-06-30 807.70 572.03 92.28
2016-03-31 812.34 578.85 91.72
2015-12-31 824.42 561.67 81.98
2015-09-30 825.26 677.34 79.11
2015-06-30 780.18 710.33 81.05
2015-03-31 764.94 764.28 66.28
2014-12-31 778.29 761.59 65.31
2014-09-30 770.12 785.73 66.11
2014-06-30 733.86 796.62 70.21
2014-03-31 747.83 825.26 62.74
2013-12-31 771.06 808.74 72.69
2013-09-30 763.44 823.87 50.02
2013-06-30 719.32 862.06 68.13
2013-03-31 743.39 883.85 83.41
2012-12-31 760.83 862.48 65.60
  • AS Tallink Grupp's level of debt (61.5%) 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 (108.4% vs 61.5% today).
  • Debt is well covered by operating cash flow (32%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
X
Financial health checks
We assess AS Tallink Grupp'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. AS Tallink Grupp has a total score of 3/6, 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.

T5N Dividends

 What is AS Tallink Grupp'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
5.31%
Current annual income from AS Tallink Grupp dividends. Estimated to be 6.24% next year.
If you bought €2,000 of AS Tallink Grupp shares you are expected to receive €106 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?
  • AS Tallink Grupp's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • AS Tallink Grupp's dividend is above the markets top 25% of dividend payers in Germany (3.86%).
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:T5N 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 2 Analyst Estimates (S&P Global) See Below
Europe Shipping Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:T5N Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.07 2.00
2020-12-31 0.06 2.00
2019-12-31 0.05 3.00
2019-10-13
DB:T5N Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.050 5.080
2018-04-24 0.030 2.889
2018-02-28 0.030 2.641
2017-06-13 0.030 2.731
2016-08-11 0.020 2.183
2016-05-23 0.020 2.084
2015-05-18 0.020 2.402
2014-06-09 0.030 4.164
2013-04-22 0.050 5.566

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

  • AS Tallink Grupp has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • AS Tallink Grupp has only been paying a dividend for 6 years, and since then there has been no growth.
Current Payout to shareholders
What portion of AS Tallink Grupp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess AS Tallink Grupp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 AS Tallink Grupp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AS Tallink Grupp has a total score of 3/6, see the detailed checks below.


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

T5N Management

 What is the CEO of AS Tallink Grupp'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
Paavo Nõgene
AGE 39
TENURE AS CEO 1.4 years
CEO Bio

Mr. Paavo Nõgene has been Chairman of Management Board at AS Tallink Grupp since May 1, 2018. Since January 1, 2013, Mr. Nõgene has served as a Secretary General of the Ministry of Culture of the Republic of Estonia. Prior to this, Mr. Nõgene was managing the biggest Estonian theatre, Vanemuine, and was active in private entrepreneurship. He is a member of Supervisory Board of the Estonian National Broadcasting and the National Opera, and Chairman of Supervisory Board of the SA Estonian Art Museum, the SA Estonian Concert, the SA Estonian Drama Theatre, the SA Theatre Vanemuine and the SA Estonian Film Institute. In addition, he is a member of the Gambling Tax Board. Mr. Nõgene is owner and a member of Management Board of the company OÜ PN Management. He graduated from the University of Tartu, Estonia, in 2012 with a degree in Journalism and Communications.

CEO Compensation
  • Insufficient data for Paavo to compare compensation growth.
  • Insufficient data for Paavo to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the AS Tallink Grupp management team in years:

1
Average Tenure
52
Average Age
  • The average tenure for the AS Tallink Grupp management team is less than 2 years, this suggests a new team.
Management Team

Paavo Nõgene

TITLE
Chairman of Management Board & CEO
AGE
39
TENURE
1.4 yrs

Lembit Kitter

TITLE
Member of the Management Board
AGE
66
TENURE
13.2 yrs

Kadri Land

TITLE
Member of Management Board
AGE
55
TENURE
0.7 yrs

Harri Hanschmidt

TITLE
Member of Management Board
AGE
37
TENURE
0.7 yrs

Piret Mürk-Dubout

TITLE
Member of Management Board
AGE
49
TENURE
0.5 yrs

Urmas Pütsepp

TITLE
Chief Accountant

Tõnu Liik

TITLE
Chief Information Officer
AGE
65
TENURE
13.8 yrs

Veiko Suigussaar

TITLE
Administrative Director

Joonas Joost

TITLE
Head of Investor Relations & Advisor to the Management Board

Mare Puusaag

TITLE
Chief Legal Counsel
Board of Directors Tenure

Average tenure and age of the AS Tallink Grupp board of directors in years:

12.8
Average Tenure
54
Average Age
  • The average tenure for the AS Tallink Grupp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Enn Pant

TITLE
Chairman of the Supervisory Board
AGE
54
TENURE
4.8 yrs

Kalev Järvelill

TITLE
Member of the Supervisory Board
AGE
54
TENURE
12.8 yrs

Toivo Ninnas

TITLE
Member of the Supervisory Board
AGE
79
TENURE
22.3 yrs

Eve Pant

TITLE
Member of the Supervisory Board
AGE
51
TENURE
22 yrs

Ain Hanschmidt

TITLE
Member of the Supervisory Board
AGE
58
TENURE
14.7 yrs

Colin Clark

TITLE
Member of the Supervisory Board
AGE
45
TENURE
6.1 yrs

Raino Paron

TITLE
Member of Supervisory Board
TENURE
0.1 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 AS Tallink Grupp'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. AS Tallink Grupp 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.

T5N News

Simply Wall St News

T5N Company Info

Description

AS Tallink Grupp, together with its subsidiaries, provides marine passenger and cargo transportation services in the Baltic Sea. The company operates through Estonia - Finland Routes, Estonia - Sweden Routes, Latvia - Sweden Routes, Finland - Sweden Routes, and Other segments. It offers mini-cruise and passenger transportation, and ro-ro cargo services, as well as travel packages. The company provides its services on various routes under the Tallink and Silja Line brands. It operates a fleet of 14 vessels that include cruise ferries, high-speed ro-pax ferries, and ro-ro cargo vessels. The company also operates three hotels in Tallinn and one hotel in Riga. In addition, the company sells beauty products; and offers stevedoring, vehicles leasing, catering, warehouse, technical ship management and crewing, and process agent services, as well as provides entertainment on ships. AS Tallink Grupp was founded in 1989 and is based in Tallinn, the Republic of Estonia.

Details
Name: AS Tallink Grupp
T5N
Exchange: DB
Founded: 1989
€631,028,881
669,882,040
Website: http://www.tallink.com
Address: AS Tallink Grupp
Sadama 5/7,
Tallinn,
10111,
Estonia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TLSE TAL1T Ordinary Shares OMX Nordic Exchange Tallinn EE EUR 28. Dec 2005
DB T5N Ordinary Shares Deutsche Boerse AG DE EUR 28. Dec 2005
HLSE TALLINK SHS OMX Nordic Exchange Helsinki FI EUR 03. Dec 2018
Number of employees
Current staff
Staff numbers
7,704
AS Tallink Grupp employees.
Industry
Marine
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:26
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/10
Last earnings filing: 2019/08/08
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.