Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Dantax

BATS-CHIXE:DANTC
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DANTC
BATS-CHIXE
DKK65M
Market Cap
  1. Home
  2. GB
  3. Consumer Durables
Company description

Dantax A/S designs, develops, produces, and sells audio products under the Scansonic, Raidho, and Harmony brands. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
DANTC Share Price and Events
7 Day Returns
0%
BATS-CHIXE:DANTC
18.3%
GB Consumer Durables
5.3%
GB Market
1 Year Returns
-
BATS-CHIXE:DANTC
-18%
GB Consumer Durables
-21.5%
GB Market
DANTC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dantax (DANTC) 0% -3.3% 1.8% - 13.4% -
GB Consumer Durables 18.3% -24.4% -32.4% -18% -15% 1.2%
GB Market 5.3% -6.5% -25.2% -21.5% -22.4% -21.9%
1 Year Return vs Industry and Market
  • No trading data on DANTC.
  • No trading data on DANTC.
Price Volatility
DANTC
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Dantax 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 Dantax 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 Dantax.

BATS-CHIXE:DANTC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in DKK DKK 14.000000
Payout Ratio Company Filings (2019-12-31) 5455.3%
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:DANTC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.937 (1 + (1- 22%) (0%))
1.282
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.282 * 5.44%)
7.5%

Discounted Cash Flow Calculation for BATS-CHIXE:DANTC using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Dantax is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BATS-CHIXE:DANTC Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= DKK14 / (7.5% - 0.53%)
DKK223.27
BATS-CHIXE:DANTC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:DANTC represents 1.05454x of CPSE:DANT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.05454x
Value per Share
(Listing Adjusted, DKK)
= Value per Share (DKK) x Listing Adjustment Factor
= DKK 200.77 x 1.05454
DKK211.72
Value per share (DKK) From above. DKK211.72
Current discount Discount to share price of DKK232.00
= -1 x (DKK232.00 - DKK211.72) / DKK211.72
-9.6%

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

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

The amount the stock market is willing to pay for Dantax's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dantax's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:DANTC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in DKK DKK39.05
CPSE:DANT Share Price ** CPSE (2020-03-13) in DKK DKK220
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PE Ratio Median Figure of 25 Publicly-Listed Consumer Durables Companies 7.84x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 13.27x

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

** Primary Listing of Dantax.

BATS-CHIXE:DANTC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 220 ÷ 39.05

5.63x

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

  • Dantax is good value based on earnings compared to the GB Consumer Durables industry average.
  • Dantax is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Dantax's expected growth come at a high price?
Raw Data
BATS-CHIXE:DANTC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PEG Ratio Median Figure of 18 Publicly-Listed Consumer Durables Companies 1.01x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 513 Publicly-Listed Companies 1.03x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Dantax, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dantax's assets?
Raw Data
BATS-CHIXE:DANTC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in DKK DKK240.62
CPSE:DANT Share Price * CPSE (2020-03-13) in DKK DKK220
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PB Ratio Median Figure of 27 Publicly-Listed Consumer Durables Companies 1.02x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.13x
BATS-CHIXE:DANTC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 220 ÷ 240.62

0.91x

* Primary Listing of Dantax.

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

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

Future Performance

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

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

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

Show me the analysis anyway

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.2%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dantax expected to grow at an attractive rate?
  • Unable to compare Dantax's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Dantax's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Dantax's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:DANTC Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 3.2%
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:DANTC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:DANTC Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2019-12-31 32 -1 12
2019-09-30 32 0 5
2019-06-30 33 -1 6
2019-03-31 28 -1 1
2018-12-31 27 6 -3
2018-09-30 38 -2 3
2018-06-30 43 -1 5
2018-03-31 46 0 7
2017-12-31 49 -2 10
2017-09-30 42 8 10
2017-06-30 40 6 8
2017-03-31 39 10 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Dantax is high growth as no earnings estimate data is available.
  • Unable to determine if Dantax is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:DANTC 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 0 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:DANTC Past Financials Data
Date (Data in DKK Millions) EPS *
2019-12-31 39.05
2019-09-30 16.21
2019-06-30 20.47
2019-03-31 4.22
2018-12-31 -11.74
2018-09-30 11.13
2018-06-30 18.22
2018-03-31 23.93
2017-12-31 33.95
2017-09-30 33.40
2017-06-30 26.33
2017-03-31 24.93

*GAAP earnings excluding extraordinary items.

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

Next steps:

  1. Examine whether Dantax is trading at Dantax'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Dantax's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Dantax'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Dantax 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.

Past Performance

  How has Dantax 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 Dantax's growth in the last year to its industry (Consumer Durables).
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.
  • Dantax's year on year earnings growth rate has been positive over the past 5 years.
  • Dantax has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Dantax has become profitable in the last year making it difficult to compare the GB Consumer Durables industry average.
Earnings and Revenue History
Dantax'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 Dantax Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:DANTC 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 31.53 11.53 5.97
2019-09-30 31.82 4.78 5.99
2019-06-30 32.95 6.06 6.00
2019-03-31 28.33 1.24 6.31
2018-12-31 27.32 -3.48 6.39
2018-09-30 38.26 3.29 6.42
2018-06-30 43.48 5.39 6.21
2018-03-31 46.20 7.07 5.63
2017-12-31 49.02 10.05 5.65
2017-09-30 42.28 9.89 6.01
2017-06-30 40.04 7.79 6.52
2017-03-31 39.11 7.31 7.00
2016-12-31 40.13 4.48 7.35
2016-09-30 46.42 2.29 7.23
2016-06-30 56.59 1.31 6.98
2016-03-31 63.41 -0.12 8.26
2015-12-31 71.32 1.99 7.80
2015-09-30 74.06 2.22 7.24
2015-06-30 65.28 2.66 7.33
2015-03-31 61.13 3.86 5.62
2014-12-31 55.89 2.13 5.62
2014-09-30 59.26 1.43 5.80
2014-06-30 61.32 0.99 5.65
2014-03-31 65.02 1.82 5.54
2013-12-31 68.40 2.57 5.58
2013-09-30 64.32 2.66 5.57
2013-06-30 66.78 2.25 5.47

*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.
  • Dantax has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dantax used its assets less efficiently than the GB Consumer Durables industry average last year based on Return on Assets.
  • Dantax's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dantax'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 Consumer Durables 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.
Dantax has a total score of 1/6, 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 Dantax'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 Dantax's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dantax is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dantax's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dantax'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 73028x 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 Dantax Company Filings, last reported 3 months ago.

BATS-CHIXE:DANTC Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 71.18 0.00 57.06
2019-09-30 72.19 0.01 56.95
2019-06-30 72.36 0.01 57.15
2019-03-31 67.66 0.02 52.70
2018-12-31 63.79 0.32 49.27
2018-09-30 71.40 0.02 56.27
2018-06-30 70.45 0.02 55.60
2018-03-31 70.41 0.03 57.62
2017-12-31 71.26 1.72 55.42
2017-09-30 71.96 0.04 62.06
2017-06-30 68.76 0.00 60.14
2017-03-31 67.19 0.00 60.73
2016-12-31 65.13 0.00 56.63
2016-09-30 65.05 0.00 53.68
2016-06-30 63.97 0.00 43.53
2016-03-31 63.96 0.00 11.89
2015-12-31 64.31 0.00 8.21
2015-09-30 63.90 7.05 12.27
2015-06-30 63.74 2.64 13.96
2015-03-31 62.98 0.00 5.36
2014-12-31 61.60 2.55 4.39
2014-09-30 60.75 1.52 4.82
2014-06-30 59.86 0.00 4.58
2014-03-31 58.98 0.00 5.51
2013-12-31 59.29 4.81 3.76
2013-09-30 59.00 2.61 3.19
2013-06-30 59.14 5.42 1.58
  • Dantax's level of debt (0%) 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 (4.1% vs 0% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Dantax earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Dantax'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. Dantax has a total score of 5/6, 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 Dantax'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
6.36%
Current annual income from Dantax dividends.
If you bought DKK2,000 of Dantax shares you are expected to receive DKK127 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?
  • Dantax's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.49%).
  • Dantax's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (6.84%).
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
BATS-CHIXE:DANTC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 7.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 575 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:DANTC Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2019-09-26 14.000 5.920
2018-09-27 13.500 6.301
2018-04-11 13.000 4.359
2017-09-27 13.000 3.623
2016-10-04 10.000 4.851
2016-09-27 10.000 5.354
2010-05-26 0.000 0.000
2010-02-11 0.000 0.000
2009-10-29 0.000 0.000
2009-10-15 0.000 0.000
2009-09-22 0.000 0.000

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

  • Whilst dividend payments have been stable, Dantax has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Dantax only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Dantax's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Dantax's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Dantax afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dantax has a total score of 2/6, 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 Dantax'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
Peter Jensen
AGE 35
CEO Bio

Mr. Peter Bogh Jensen serves as Chief Executive Officer of Dantax A/S and also has been its Director since 2015.

CEO Compensation
  • Insufficient data for Peter to compare compensation growth.
  • Insufficient data for Peter to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Peter Jensen

TITLE
CEO & Director
AGE
35

Per Svenningsen

TITLE
Chief Financial Officer
Board of Directors Tenure

Average tenure of the Dantax board of directors in years:

13.8
Average Tenure
  • The average tenure for the Dantax board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Per Mogensen

TITLE
Chairman of the Board

Peter Jensen

TITLE
CEO & Director
AGE
35
TENURE
5.3 yrs

John Jensen

TITLE
Director
TENURE
49.3 yrs

Mads Lübeck

TITLE
Director
TENURE
21.3 yrs

Peter Bager

TITLE
Director
AGE
47
TENURE
6.3 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 Dantax'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. Dantax 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

Dantax A/S designs, develops, produces, and sells audio products under the Scansonic, Raidho, and Harmony brands. The company was founded in 1969 and is based in Pandrup, Denmark.

Details
Name: Dantax A/S
DANTC
Exchange: BATS-CHIXE
Founded: 1969
DKK65,080,400
295,820
Website: http://dantaxradio.dk
Address: Dantax A/S
Bransagervej 15,
Pandrup,
North Denmark Region, 9490,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE DANT Share Capital OMX Nordic Exchange Copenhagen DK DKK 02. Jan 1992
LSE 0E3J Share Capital London Stock Exchange GB DKK 02. Jan 1992
BATS-CHIXE DANTC Share Capital BATS 'Chi-X Europe' GB DKK 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Dantax employees.
Industry
Consumer Electronics
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 20:10
End of day share price update: 2020/03/13 00:00
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.