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North Media

CPSE:NORTHM
Snowflake Description

Flawless balance sheet with outstanding track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NORTHM
CPSE
DKK805M
Market Cap
  1. Home
  2. DK
  3. Media
Company description

North Media A/S engages in the media business in Denmark. The last earnings update was 34 days ago. More info.


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NORTHM Share Price and Events
7 Day Returns
19.1%
CPSE:NORTHM
0.8%
Europe Media
1.8%
DK Market
1 Year Returns
28.2%
CPSE:NORTHM
2.1%
Europe Media
23%
DK Market
NORTHM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
North Media (NORTHM) 19.1% 8.2% 19.1% 28.2% 235.4% 134.4%
Europe Media 0.8% -3% -3.9% 2.1% -17.9% -17.1%
DK Market 1.8% 2.9% 9.2% 23% 44% 63.2%
1 Year Return vs Industry and Market
  • NORTHM outperformed the Media industry which returned 2.1% over the past year.
  • NORTHM outperformed the Market in Denmark which returned 23% over the past year.
Price Volatility
NORTHM
Industry
5yr Volatility vs Market
Related Companies

NORTHM Value

 Is North Media 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 North Media 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 North Media.

CPSE:NORTHM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 4.6%
Perpetual Growth Rate 10-Year DK Government Bond Rate -0.3%

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 CPSE:NORTHM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DK Govt Bond Rate -0.3%
Equity Risk Premium S&P Global 5.4%
Media Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.759 (1 + (1- 22%) (17.91%))
0.91
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.34% + (0.91 * 5.44%)
4.61%

Discounted Cash Flow Calculation for CPSE:NORTHM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for North Media 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.

CPSE:NORTHM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 4.61%)
2020 99.00 Analyst x1 94.64
2021 112.00 Analyst x1 102.35
2022 105.16 Est @ -6.11% 91.87
2023 100.56 Est @ -4.38% 83.98
2024 97.38 Est @ -3.17% 77.73
2025 95.12 Est @ -2.32% 72.59
2026 93.48 Est @ -1.72% 68.19
2027 92.26 Est @ -1.31% 64.34
2028 91.32 Est @ -1.02% 60.87
2029 90.57 Est @ -0.81% 57.72
Present value of next 10 years cash flows DKK774.00
CPSE:NORTHM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= DKK90.57 × (1 + -0.34%) ÷ (4.61% – -0.34%)
DKK1,824.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK1,824.00 ÷ (1 + 4.61%)10
DKK1,162.38
CPSE:NORTHM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK774.00 + DKK1,162.38
DKK1,936.38
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK1,936.38 / 18.46
DKK104.92
CPSE:NORTHM Discount to Share Price
Calculation Result
Value per share (DKK) From above. DKK104.92
Current discount Discount to share price of DKK43.60
= -1 x (DKK43.60 - DKK104.92) / DKK104.92
58.4%

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

Current Discount
Amount off the current price North Media is available for.
Intrinsic value
>50%
Share price is DKK43.6 vs Future cash flow value of DKK104.92
Current Discount Checks
For North Media to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • North Media's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • North Media'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 North Media's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are North Media's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CPSE:NORTHM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in DKK DKK6.99
CPSE:NORTHM Share Price ** CPSE (2019-12-11) in DKK DKK43.6
Europe Media Industry PE Ratio Median Figure of 113 Publicly-Listed Media Companies 17.4x
Denmark Market PE Ratio Median Figure of 99 Publicly-Listed Companies 15.43x

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

** Primary Listing of North Media.

CPSE:NORTHM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 43.6 ÷ 6.99

6.24x

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

  • North Media is good value based on earnings compared to the Europe Media industry average.
  • North Media is good value based on earnings compared to the Denmark market.
Price based on expected Growth
Does North Media's expected growth come at a high price?
Raw Data
CPSE:NORTHM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-12%per year
Europe Media Industry PEG Ratio Median Figure of 66 Publicly-Listed Media Companies 1.73x
Denmark Market PEG Ratio Median Figure of 47 Publicly-Listed Companies 2.02x

*Line of best fit is calculated by linear regression .

CPSE:NORTHM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.24x ÷ -12%

-0.52x

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

  • North Media earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on North Media's assets?
Raw Data
CPSE:NORTHM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in DKK DKK32.29
CPSE:NORTHM Share Price * CPSE (2019-12-11) in DKK DKK43.6
Europe Media Industry PB Ratio Median Figure of 165 Publicly-Listed Media Companies 1.35x
Denmark Market PB Ratio Median Figure of 130 Publicly-Listed Companies 1.45x
CPSE:NORTHM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 43.6 ÷ 32.29

1.35x

* Primary Listing of North Media.

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

  • North Media is good value based on assets compared to the Europe Media industry average.
X
Value checks
We assess North Media'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 Media 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 Media industry average (and greater than 0)? (1 check)
  5. North Media 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.

NORTHM Future Performance

 How is North Media expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
-12%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is North Media expected to grow at an attractive rate?
  • North Media's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.3%.
Growth vs Market Checks
  • North Media's earnings are expected to decrease over the next 1-3 years, this is below the Denmark market average.
  • North Media's revenues are expected to decrease over the next 1-3 years, this is below the Denmark market average.
Annual Growth Rates Comparison
Raw Data
CPSE:NORTHM Future Growth Rates Data Sources
Data Point Source Value (per year)
CPSE:NORTHM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -12%
CPSE:NORTHM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -2.8%
Europe Media Industry Earnings Growth Rate Market Cap Weighted Average 10.8%
Europe Media Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Denmark Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Denmark Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*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
CPSE:NORTHM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CPSE:NORTHM Future Estimates Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,057 136 120 1
2020-12-31 1,089 124 121 1
2019-12-31 1,124 151 185 1
CPSE:NORTHM Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2019-09-30 1,122 157 129
2019-06-30 1,128 117 118
2019-03-31 1,131 121 93
2018-12-31 1,145 105 56
2018-09-30 1,073 66 64
2018-06-30 1,042 83 62
2018-03-31 964 45 50
2017-12-31 899 23 29
2017-09-30 888 8 -9
2017-06-30 878 -6 -46
2017-03-31 879 -10 -55
2016-12-31 881 -14 -63

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • North Media's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • North Media's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
CPSE:NORTHM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from North Media Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:NORTHM Future Estimates Data
Date (Data in DKK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 6.52 6.52 6.52 1.00
2020-12-31 6.56 6.56 6.56 1.00
2019-12-31 10.02 10.02 10.02 1.00
CPSE:NORTHM Past Financials Data
Date (Data in DKK Millions) EPS *
2019-09-30 6.99
2019-06-30 6.34
2019-03-31 4.93
2018-12-31 2.97
2018-09-30 3.34
2018-06-30 3.28
2018-03-31 2.70
2017-12-31 1.53
2017-09-30 -0.47
2017-06-30 -2.44
2017-03-31 -2.95
2016-12-31 -3.39

*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.
  • North Media is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess North Media'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.
North Media 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.

NORTHM Past Performance

  How has North Media 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 North Media's growth in the last year to its industry (Media).
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.
  • North Media has delivered over 20% year on year earnings growth in the past 5 years.
  • North Media's 1-year earnings growth exceeds its 5-year average (101.6% vs 47.6%)
  • North Media's earnings growth has exceeded the Europe Media industry average in the past year (101.6% vs -4.9%).
Earnings and Revenue History
North Media'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 North Media Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:NORTHM Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,122.40 128.90 274.30
2019-06-30 1,128.10 117.90 272.80
2019-03-31 1,130.70 93.30 271.20
2018-12-31 1,144.90 56.40 275.00
2018-09-30 1,073.25 63.95 266.80
2018-06-30 1,041.70 62.20 265.70
2018-03-31 963.85 50.45 264.45
2017-12-31 899.40 28.60 264.70
2017-09-30 888.45 -8.90 264.85
2017-06-30 877.50 -46.40 265.00
2017-03-31 879.30 -54.75 267.80
2016-12-31 881.10 -63.10 270.60
2016-09-30 906.40 -37.80 278.45
2016-06-30 931.70 -12.50 286.30
2016-03-31 972.05 -11.30 290.75
2015-12-31 1,012.40 -10.10 295.20
2015-09-30 1,031.25 1.80 293.20
2015-06-30 1,050.10 13.70 291.20
2015-03-31 1,061.90 17.15 287.10
2014-12-31 1,073.70 20.60 283.00
2014-09-30 1,074.30 22.50 279.55
2014-06-30 1,074.90 24.40 276.10
2014-03-31 1,076.00 16.55 275.30
2013-12-31 1,077.10 8.70 274.50
2013-09-30 1,075.40 10.30 280.50
2013-06-30 1,081.80 17.10 284.90
2013-03-31 1,093.20 40.90 284.20
2012-12-31 1,104.60 64.70 283.50

*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.
  • North Media has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • North Media used its assets more efficiently than the Europe Media industry average last year based on Return on Assets.
  • North Media 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 North Media'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 Media 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.
North Media has a total score of 6/6, 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.

NORTHM Health

 How is North Media'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 North Media's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • North Media is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • North Media's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of North Media'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 4.1x 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 North Media Company Filings, last reported 2 months ago.

CPSE:NORTHM Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 596.00 127.70 425.10
2019-06-30 577.10 128.80 392.90
2019-03-31 587.80 129.90 403.80
2018-12-31 538.70 131.10 327.20
2018-09-30
2018-06-30 522.70 140.80 319.70
2018-03-31 497.70 145.20 281.10
2017-12-31 497.70 145.20 281.10
2017-09-30 497.70 145.20 281.10
2017-06-30 479.40 149.30 283.10
2017-03-31 479.40 149.30 283.10
2016-12-31 460.40 154.70 271.30
2016-09-30 460.40 154.70 271.30
2016-06-30 521.50 160.50 288.30
2016-03-31 521.50 160.50 288.30
2015-12-31 522.00 162.00 288.50
2015-09-30 522.00 162.00 288.50
2015-06-30 534.90 156.40 252.20
2015-03-31 534.90 156.40 252.20
2014-12-31 532.40 153.60 248.20
2014-09-30 532.40 153.60 248.20
2014-06-30 521.30 157.50 233.60
2014-03-31 521.30 157.50 233.60
2013-12-31 523.30 157.50 197.70
2013-09-30 523.30 157.50 204.30
2013-06-30 501.40 162.30 254.60
2013-03-31 501.40 162.30 254.60
2012-12-31 511.60 169.30 235.60
  • North Media's level of debt (21.4%) 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 (28.9% vs 21.4% today).
  • Debt is well covered by operating cash flow (123.3%, greater than 20% of total debt).
  • North Media earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess North Media'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. North Media 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.

NORTHM Dividends

 What is North Media'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
6.88%
Current annual income from North Media dividends. Estimated to be 10.32% next year.
If you bought DKK2,000 of North Media shares you are expected to receive DKK138 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?
  • North Media's pays a higher dividend yield than the bottom 25% of dividend payers in Denmark (1.52%).
  • North Media's dividend is above the markets top 25% of dividend payers in Denmark (5.02%).
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
CPSE:NORTHM 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 1 Analyst Estimates (S&P Global) See Below
Europe Media Industry Average Dividend Yield Market Cap Weighted Average of 88 Stocks 4.6%
Denmark Market Average Dividend Yield Market Cap Weighted Average of 74 Stocks 2%
Denmark Minimum Threshold Dividend Yield 10th Percentile 0.9%
Denmark Bottom 25% Dividend Yield 25th Percentile 1.5%
Denmark 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.

CPSE:NORTHM Future Dividends Estimate Data
Date (Data in DKK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 4.50 1.00
2020-12-31 4.50 1.00
2019-12-31 4.50 1.00
CPSE:NORTHM Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2019-02-07 3.000 8.161
2018-02-22 1.500 4.139
2013-08-07 0.000 0.000
2013-03-11 0.000 0.000
2012-02-09 3.000 14.834
2011-08-03 0.000 0.000
2011-05-05 0.000 0.000
2010-03-19 2.500 6.192

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of North Media's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess North Media'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 North Media afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. North Media has a total score of 5/6, see the detailed checks below.


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

NORTHM Management

 What is the CEO of North Media'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.
  • North Media has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the North Media management team in years:

1.6
Average Tenure
48
Average Age
  • The average tenure for the North Media management team is less than 2 years, this suggests a new team.
Management Team

Kåre Wigh

TITLE
CFO, Member of Executive Board & Group Executive Director
AGE
50
TENURE
14.2 yrs

Henrik Jensen

TITLE
Member of Executive Board
AGE
45
TENURE
3.9 yrs

Jannik Christensen

TITLE
Member of Executive Board
AGE
38
TENURE
1.6 yrs

Lasse Brodt

TITLE
Member of Executive Board
AGE
46
TENURE
1.7 yrs

Lasse Hansen

TITLE
Member of the Executive Board
TENURE
0.1 yrs

Peter Rasztar

TITLE
Director & Executive Officer
AGE
75

Steen Gede

TITLE
CEO of North Media Aviser A/S
AGE
66
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the North Media board of directors in years:

6.7
Average Tenure
66
Average Age
  • The tenure for the North Media board of directors is about average.
Board of Directors

Mads Dahl Andersen

TITLE
Chairman
AGE
57
TENURE
1.7 yrs

Richard Bunck

TITLE
Vice-Chairman
AGE
79
TENURE
1.7 yrs

Peter Rasztar

TITLE
Director & Executive Officer
AGE
75
TENURE
14.7 yrs

Ulrik Holsted-Sandgreen

TITLE
Director
AGE
49
TENURE
11.7 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 (DKK) Value (DKK)
X
Management checks
We assess North Media'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. North Media 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.

NORTHM News

Simply Wall St News

What Kind Of Investor Owns Most Of North Media A/S (CPH:NORTHM)?

With a market capitalization of ø639m, North Media is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for North Media CPSE:NORTHM Ownership Summary, August 28th 2019 What Does The Institutional Ownership Tell Us About North Media? … Insider Ownership Of North Media The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Is North Media A/S's (CPH:NORTHM) 8.4% Dividend Worth Your Time?

Could North Media A/S (CPH:NORTHM) be an attractive dividend share to own for the long haul? … With a goodly-sized dividend yield despite a relatively short payment history, investors might be wondering if North Media is a new dividend aristocrat in the making. … It's good to see North Media has been growing its earnings per share at 60% a year over the past 5 years.

Simply Wall St -

North Media (CPH:NORTHM) Could Easily Take On More Debt

CPSE:NORTHM Historical Debt, July 2nd 2019 A Look At North Media's Liabilities Zooming in on the latest balance sheet data, we can see that North Media had liabilities of ø191.4m due within 12 months and liabilities of ø142.0m due beyond that. … North Media may have net cash on the balance sheet, but it is still interesting to look at how well the business converts its earnings before interest and tax (EBIT) to free cash flow, because that will influence both its need for, and its capacity to manage debt. … Over the last two years, North Media recorded free cash flow worth a fulsome 82% of its EBIT, which is stronger than we'd usually expect.

Simply Wall St -

Does North Media (CPH:NORTHM) Have A Healthy Balance Sheet?

You can click the graphic below for the historical numbers, but it shows that North Media had ø129.9m of debt in March 2019, down from ø145.2m, one year before However, its balance sheet shows it holds ø403.8m in cash, so it actually has ø273.9m net cash. … CPSE:NORTHM Historical Debt, July 2nd 2019 A Look At North Media's Liabilities According to the last reported balance sheet, North Media had liabilities of ø191.4m due within 12 months, and liabilities of ø142.0m due beyond 12 months. … While North Media has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance.

Simply Wall St -

Does North Media A/S (CPH:NORTHM) Have A Volatile Share Price?

If you're interested in North Media A/S (CPH:NORTHM), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … Even when they are traded more actively, the share price is often more susceptible to company specific developments than overall market volatility.

Simply Wall St -

Here's What North Media A/S's (CPH:NORTHM) P/E Ratio Is Telling Us

We'll apply a basic P/E ratio analysis to North Media A/S's (CPH:NORTHM), to help you decide if the stock is worth further research. … View our latest analysis for North Media How Do You Calculate A P/E Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for North Media: P/E of 6.77 = DKK33.4 ÷ DKK4.93 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Did Business Growth Power North Media's (CPH:NORTHM) Share Price Gain of 159%?

North Media A/S (CPH:NORTHM) shareholders might be concerned after seeing the share price drop 12% in the last quarter. … Check out our latest analysis for North Media To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … As it happens, North Media's TSR for the last 3 years was 191%, which exceeds the share price return mentioned earlier.

Simply Wall St -

North Media A/S (CPH:NORTHM): A Fundamentally Attractive Investment

Not only did NORTHM outperformed its past performance, its growth also exceeded the Media industry expansion, which generated a 8.3% earnings growth. … Compared to the rest of the media industry, NORTHM is also trading below its peers, relative to earnings generated. … CPSE:NORTHM Price Estimation Relative to Market, May 14th 2019 Next Steps: For North Media, I've put together three fundamental factors you should look at: Future Outlook: What are well-informed industry analysts predicting for NORTHM’s future growth?

Simply Wall St -

Is Now The Time To Put North Media (CPH:NORTHM) On Your Watchlist?

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like North Media (CPH:NORTHM). … Like the last firework on New Year's Eve accelerating into the sky, North Media's EPS shot from ø1.53 to ø2.97, over the last year. … I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats).

Simply Wall St -

North Media A/S (CPH:NORTHM) Earns Among The Best Returns In Its Industry

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

NORTHM Company Info

Description

North Media A/S engages in the media business in Denmark. The company operates through four segments: FK Distribution, North Media Aviser, North Media Online, and BEKEY. The FK Distribution segment disseminates offers and information to various Danish consumers through minetilbud.dk and distributes retail leaflets and local newspapers. This segment primarily serves retailers and publishers of local newspapers. The North Media Aviser segment publishes local newspapers in the capital and North-East Zealand; and magazines and various Internet sites, and Helsingør Dagblad daily newspapers. This segment serves retailers, real estate agents, brands, and other advertisers. The North Media Online segment invests in, develops, and operates digital platforms that market and arrange rented housing, jobs, and loans. The BEKEY segment sells electronic access systems based on digital keys primarily for home care services and distributors of goods. The company was formerly known as Søndagsavisen a-s and changed its name to North Media A/S in April 2010. North Media A/S was founded in 1965 and is based in Søborg, Denmark.

Details
Name: North Media A/S
NORTHM
Exchange: CPSE
Founded: 1965
DKK804,638,000
18,455,000
Website: http://www.northmedia.dk
Address: North Media A/S
Gladsaxe Møllevej 28,
Søborg,
2860,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE NORTHM Share Capital OMX Nordic Exchange Copenhagen DK DKK 24. May 1996
LSE 0MQ0 Share Capital London Stock Exchange GB DKK 24. May 1996
BATS-CHIXE NORTHC Share Capital BATS 'Chi-X Europe' GB DKK 24. May 1996
Number of employees
Current staff
Staff numbers
534
North Media employees.
Industry
Publishing
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 20:40
End of day share price update: 2019/12/11 00:00
Last estimates confirmation: 2019/12/04
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
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.