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.

Duni

BATS-CHIXE:DUNIS
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DUNIS
BATS-CHIXE
SEK4B
Market Cap
  1. Home
  2. GB
  3. Consumer Durables
Company description

Duni AB (publ), together with its subsidiaries, develops, manufactures, sells, and exports products for the serving and packaging of meals in Russia, the Middle East and North Africa, North, South, and Latin America, Asia and Oceania, and internationally. The last earnings update was 61 days ago. More info.


Add to Portfolio Compare Print
  • Duni has significant price volatility in the past 3 months.
DUNIS Share Price and Events
7 Day Returns
7.6%
BATS-CHIXE:DUNIS
8.2%
GB Consumer Durables
1.7%
GB Market
1 Year Returns
-24%
BATS-CHIXE:DUNIS
-21%
GB Consumer Durables
-21.8%
GB Market
DUNIS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Duni (DUNIS) 7.6% -30.3% -38.8% -24% -38% -
GB Consumer Durables 8.2% -31.3% -34.8% -21% -18.4% -2%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • DUNIS underperformed the Consumer Durables industry which returned -21% over the past year.
  • DUNIS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.8% over the past year.
Price Volatility
DUNIS
Industry
5yr Volatility vs Market

DUNIS Value

 Is Duni 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 Duni 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 Duni.

BATS-CHIXE:DUNIS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.8%
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:DUNIS
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 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.918 (1 + (1- 22%) (42%))
1.147
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.147 * 5.44%)
6.77%

Discounted Cash Flow Calculation for BATS-CHIXE:DUNIS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Duni 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.

BATS-CHIXE:DUNIS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.77%)
2020 533.97 Est @ 21.25% 500.12
2021 614.24 Est @ 15.03% 538.82
2022 679.85 Est @ 10.68% 558.57
2023 731.76 Est @ 7.64% 563.10
2024 772.04 Est @ 5.5% 556.43
2025 803.01 Est @ 4.01% 542.06
2026 826.84 Est @ 2.97% 522.76
2027 845.33 Est @ 2.24% 500.57
2028 859.90 Est @ 1.72% 476.92
2029 871.65 Est @ 1.37% 452.79
Present value of next 10 years cash flows SEK5,212.00
BATS-CHIXE:DUNIS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK871.65 × (1 + 0.53%) ÷ (6.77% – 0.53%)
SEK14,045.18
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK14,045.18 ÷ (1 + 6.77%)10
SEK7,295.89
BATS-CHIXE:DUNIS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK5,212.00 + SEK7,295.89
SEK12,507.89
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK12,507.89 / 47.00
SEK266.13
BATS-CHIXE:DUNIS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:DUNIS represents 1.005x of OM:DUNI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.005x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 266.13 x 1.005
SEK267.46
Value per share (SEK) From above. SEK267.46
Current discount Discount to share price of SEK80.40
= -1 x (SEK80.40 - SEK267.46) / SEK267.46
69.9%

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

Current Discount
Amount off the current price Duni is available for.
Intrinsic value
>50%
Share price is SEK80.4 vs Future cash flow value of SEK267.46
Current Discount Checks
For Duni to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Duni's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Duni'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 Duni's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Duni's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:DUNIS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK5.72
OM:DUNI Share Price ** OM (2020-04-07) in SEK SEK80
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 748 Publicly-Listed Companies 13x

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

** Primary Listing of Duni.

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

= OM:DUNI Share Price ÷ EPS (both in SEK)

= 80 ÷ 5.72

13.98x

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

  • Duni is overvalued based on earnings compared to the GB Consumer Durables industry average.
  • Duni is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Duni's expected growth come at a high price?
Raw Data
BATS-CHIXE:DUNIS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.98x
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 0.99x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 1.02x

*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 Duni, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Duni's assets?
Raw Data
BATS-CHIXE:DUNIS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK54.53
OM:DUNI Share Price * OM (2020-04-07) in SEK SEK80
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PB Ratio Median Figure of 27 Publicly-Listed Consumer Durables Companies 0.99x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:DUNIS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:DUNI Share Price ÷ Book Value per Share (both in SEK)

= 80 ÷ 54.53

1.47x

* Primary Listing of Duni.

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

  • Duni is overvalued based on assets compared to the GB Consumer Durables industry average.
X
Value checks
We assess Duni'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. Duni has a total score of 2/6, 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.

DUNIS Future Performance

 How is Duni 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 Duni 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%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Duni expected to grow at an attractive rate?
  • Unable to compare Duni's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Duni's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Duni'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:DUNIS 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%
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
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:DUNIS 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 SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:DUNIS Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BATS-CHIXE:DUNIS Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 5,547 665 269
2019-09-30 5,450 487 255
2019-06-30 5,262 399 239
2019-03-31 5,111 334 239
2018-12-31 4,927 343 245
2018-09-30 4,720 414 308
2018-06-30 4,612 421 322
2018-03-31 4,517 471 329
2017-12-31 4,441 449 329
2017-09-30 4,422 436 321
2017-06-30 4,404 497 335
2017-03-31 4,316 433 335

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Duni is high growth as no earnings estimate data is available.
  • Unable to determine if Duni 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:DUNIS 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 Duni Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:DUNIS Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BATS-CHIXE:DUNIS Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 5.72
2019-09-30 5.43
2019-06-30 5.09
2019-03-31 5.09
2018-12-31 5.21
2018-09-30 6.55
2018-06-30 6.85
2018-03-31 7.00
2017-12-31 7.00
2017-09-30 6.83
2017-06-30 7.13
2017-03-31 7.13

*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 Duni will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Duni's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Duni'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 Duni'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.
Duni 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.

DUNIS Past Performance

  How has Duni 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 Duni'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.
  • Duni's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Duni's 1-year earnings growth exceeds its 5-year average (9.8% vs -5.3%)
  • Duni's earnings growth has exceeded the GB Consumer Durables industry average in the past year (9.8% vs -9%).
Earnings and Revenue History
Duni'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 Duni Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:DUNIS Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 5,547.00 269.00 875.00 3.00
2019-09-30 5,450.00 255.00 860.00 5.00
2019-06-30 5,262.00 239.00 850.00 6.00
2019-03-31 5,111.00 239.00 840.00 8.00
2018-12-31 4,927.00 245.00 832.00 9.00
2018-09-30 4,720.00 308.00 816.00 9.00
2018-06-30 4,612.00 322.00 797.00 10.00
2018-03-31 4,517.00 329.00 778.00 9.00
2017-12-31 4,441.00 329.00 764.00 8.00
2017-09-30 4,422.00 321.00 751.00 8.00
2017-06-30 4,404.00 335.00 745.00 8.00
2017-03-31 4,316.00 335.00 734.00 8.00
2016-12-31 4,271.00 332.00 726.00 8.00
2016-09-30 4,207.00 329.00 718.00 8.00
2016-06-30 4,186.00 335.00 711.00 9.00
2016-03-31 4,174.00 329.00 710.00 10.00
2015-12-31 4,200.00 346.00 710.00 10.00
2015-09-30 4,165.00 341.00 710.00 10.00
2015-06-30 4,118.00 326.00 712.00 11.00
2015-03-31 4,038.00 325.00 697.00 10.00
2014-12-31 3,870.00 301.00 673.00 11.00
2014-09-30 3,837.00 303.00 652.00 13.00
2014-06-30 3,776.00 277.00 629.00 14.00
2014-03-31 3,768.00 278.00 611.00 17.00
2013-12-31 3,803.00 267.00 606.00 19.00
2013-09-30 3,732.00 147.00 593.00 21.00
2013-06-30 3,645.00 136.00 585.00 21.00

*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.
  • Duni has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Duni used its assets less efficiently than the GB Consumer Durables industry average last year based on Return on Assets.
  • Duni's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Duni'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.
Duni has a total score of 2/6, 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.

DUNIS Health

 How is Duni'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 Duni's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Duni is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Duni's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Duni'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 1.6x 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 Duni Company Filings, last reported 3 months ago.

BATS-CHIXE:DUNIS Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,664.00 1,399.00 311.00
2019-09-30 2,711.00 1,557.00 246.00
2019-06-30 2,633.00 1,597.00 165.00
2019-03-31 2,697.00 1,518.00 174.00
2018-12-31 2,617.00 1,505.00 260.00
2018-09-30 2,565.00 1,544.00 602.00
2018-06-30 2,494.00 1,150.00 177.00
2018-03-31 2,681.00 879.00 128.00
2017-12-31 2,594.00 836.00 227.00
2017-09-30 2,447.00 970.00 187.00
2017-06-30 2,381.00 1,078.00 225.00
2017-03-31 2,554.00 752.00 128.00
2016-12-31 2,486.00 673.00 186.00
2016-09-30 2,357.00 827.00 135.00
2016-06-30 2,208.00 807.00 143.00
2016-03-31 2,391.00 516.00 94.00
2015-12-31 2,345.00 556.00 203.00
2015-09-30 2,233.00 793.00 175.00
2015-06-30 2,130.00 838.00 185.00
2015-03-31 2,255.00 723.00 175.00
2014-12-31 2,193.00 832.00 205.00
2014-09-30 2,091.00 1,007.00 210.00
2014-06-30 2,021.00 1,134.00 215.00
2014-03-31 2,147.00 448.00 223.00
2013-12-31 2,099.00 491.00 225.00
2013-09-30 1,998.00 604.00 151.00
2013-06-30 1,919.00 731.00 182.00
  • Duni's level of debt (52.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (37.9% vs 52.5% today).
  • Debt is well covered by operating cash flow (47.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.9x coverage).
X
Financial health checks
We assess Duni'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. Duni has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

DUNIS Dividends

 What is Duni's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Duni dividends.
If you bought SEK2,000 of Duni shares you are expected to receive SEK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Duni's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Duni's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:DUNIS 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 16 Stocks 7.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 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 6.9%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:DUNIS Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
BATS-CHIXE:DUNIS Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-03-20 0.000 0.000
2019-03-26 5.000 4.291
2018-03-23 5.000 4.504
2017-03-29 5.000 4.145
2016-03-30 5.000 4.132
2015-02-13 4.500 3.608
2014-05-06 4.000 3.903
2013-05-02 3.500 4.831
2012-05-03 3.500 6.190
2011-06-30 3.500 6.110
2011-02-16 3.500 5.409
2010-04-12 2.500 4.115
2009-05-06 1.800 3.710

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

  • Unable to perform a dividend volatility check as Duni has not reported any payouts.
  • Unable to verify if Duni's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Duni's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Duni has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Duni'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 Duni afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Duni has a total score of 0/6, see the detailed checks below.


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

DUNIS Management

 What is the CEO of Duni'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
Johan Sundelin
COMPENSATION SEK5,598,000
AGE 50
TENURE AS CEO 2.5 years
CEO Bio

Mr. Johan Sundelin has been Chief Executive Officer and President at Duni AB (publ) since October 16, 2017. Mr. Sundelin served as Senior Vice President and Managing Director of World Foods and Flavouring at Paulig Oy until September 15, 2017. Mr. Sundelin served as Chief Executive Officer of Abba Seafood AB since May 2009. He served as Head of Division for World Foods & Flavouring and Brands at Paulig Oy. He has been with Paulig Group since 2013. He served as Sales Manager of Procordia. Previously he held leading positions at Orkla and Unilever.

CEO Compensation
  • Johan's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Johan's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

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

1.6
Average Tenure
47
Average Age
  • The average tenure for the Duni management team is less than 2 years, this suggests a new team.
Management Team

Johan Sundelin

TITLE
CEO & President
COMPENSATION
SEK6M
AGE
50
TENURE
2.5 yrs

Mats Lindroth

TITLE
Executive VP of Finance & CFO
AGE
59
TENURE
11 yrs

Fredrik Malmgren

TITLE
Executive Vice President of Operations
AGE
45
TENURE
5.1 yrs

Helena Haglund

TITLE
Group Accounting Manager

Saloni Deva

TITLE
Head of Investor Relations

Marielle Noble

TITLE
Execuitve VP and Communications & Customer Experience Director
AGE
45
TENURE
1.6 yrs

Magnus Carlsson

TITLE
Executive Vice President of Corporate Development
AGE
43
TENURE
1.6 yrs

Clas Thott

TITLE
Executive Vice President of Marketing
AGE
47
TENURE
0.3 yrs

Malin Cullin

TITLE
Executive Vice President of Human Resource
AGE
47
TENURE
0.3 yrs

Lieven Cuyckens

TITLE
Chief Operating Officer of Division Travel
AGE
62
Board of Directors Tenure

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

3.9
Average Tenure
56
Average Age
  • The tenure for the Duni board of directors is about average.
Board of Directors

Magnus Yngen

TITLE
Chairman of the Board
COMPENSATION
SEK648K
AGE
61
TENURE
3.9 yrs

Pia Rudengren

TITLE
Independent Director
COMPENSATION
SEK421K
AGE
54
TENURE
12.7 yrs

Pauline Lindwall

TITLE
Independent Director
COMPENSATION
SEK363K
AGE
58
TENURE
5.9 yrs

Per-Åke Halvordsson

TITLE
Employee Representative Director
AGE
60
TENURE
15.3 yrs

Thomas Gustafsson

TITLE
Chairman of the Board
COMPENSATION
SEK6M
AGE
54
TENURE
0.9 yrs

Alex Myers

TITLE
Independent Director
COMPENSATION
SEK357K
AGE
56
TENURE
6.9 yrs

David Green

TITLE
Employee Representative Director
AGE
41
TENURE
1.7 yrs

Peter Lundin

TITLE
Employee Representative Alternate Director
TENURE
1.8 yrs

Marcus Hall

TITLE
Employee Representative Alternate Director
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Duni individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
13. Mar 20 Buy Per-Åke Halvordsson Individual 13. Mar 20 13. Mar 20 600 SEK91.31 SEK54,789
02. Mar 20 Buy Johan Sundelin Individual 28. Feb 20 28. Feb 20 400 SEK126.80 SEK50,720
02. Mar 20 Buy Per-Åke Halvordsson Individual 02. Mar 20 02. Mar 20 200 SEK127.00 SEK25,400
27. Feb 20 Buy Per-Åke Halvordsson Individual 27. Feb 20 27. Feb 20 100 SEK126.60 SEK12,660
26. Feb 20 Buy Per-Åke Halvordsson Individual 26. Feb 20 26. Feb 20 200 SEK129.40 SEK25,880
25. Feb 20 Buy Per-Åke Halvordsson Individual 25. Feb 20 25. Feb 20 500 SEK137.26 SEK68,630
13. Sep 19 Buy Johan Sundelin Individual 12. Sep 19 12. Sep 19 1,000 SEK113.80 SEK113,800
04. Sep 19 Sell Fredrik Malmgren Individual 04. Sep 19 04. Sep 19 -3,857 SEK108.20 SEK-417,327
04. Sep 19 Buy Fredrik Malmgren Individual 03. Sep 19 04. Sep 19 3,950 SEK109.04 SEK430,660
X
Management checks
We assess Duni'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. Duni 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.

DUNIS News

Simply Wall St News

DUNIS Company Info

Description

Duni AB (publ), together with its subsidiaries, develops, manufactures, sells, and exports products for the serving and packaging of meals in Russia, the Middle East and North Africa, North, South, and Latin America, Asia and Oceania, and internationally. It operates through Table Top, Meal Service, Consumer, and New Markets segments. The company offers napkins, table covers, candles, meal packaging, cups and glasses, plates and serving items, cutlery, LED candles, boxes and bowls, Duniform sealing machines and tray materials, ecoecho packaging materials, fingerfood products, ready to eat meals packaging products, and food take-away boxes, as well as Duni Amuse-bouche products and Designs for Duni. It also provides plastic products and food containers; and profile printing, embossing, and tailor-made packaging services. The company offers its products to hotels; restaurants; catering industry; grocery retail chains; other retail outlets; and specialty stores, including garden centers, home furnishing stores, and DIY stores. Duni AB (publ) was founded in 1949 and is headquartered in Malmö, Sweden.

Details
Name: Duni AB (publ)
DUNIS
Exchange: BATS-CHIXE
Founded: 1949
SEK3,788,121,979
46,999,032
Website: http://www.duni.com
Address: Duni AB (publ)
Box 237,
Malmö,
Skåne County, 201 22,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM DUNI Common Shares OMX Nordic Exchange Stockholm SE SEK 14. Nov 2007
DB 2DU Common Shares Deutsche Boerse AG DE EUR 14. Nov 2007
LSE 0HR3 Common Shares London Stock Exchange GB SEK 14. Nov 2007
BATS-CHIXE DUNIS Common Shares BATS 'Chi-X Europe' GB SEK 14. Nov 2007
OTCPK DUNI.Y ADR Pink Sheets LLC US USD 09. Nov 2011
Number of employees
Current staff
Staff numbers
2,398
Duni employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 19:53
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2018/02/09
Last earnings filing: 2020/02/07
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.