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Dustin Group

BATS-CHIXE:DUSTs
Snowflake Description

Good value with moderate growth potential.

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

Dustin Group AB (publ) offers online IT products and services in Sweden, Denmark, Finland, Norway, and the Netherlands. The last earnings update was 6 days ago. More info.


Add to Portfolio Compare Print
  • Dustin Group has significant price volatility in the past 3 months.
DUSTs Share Price and Events
7 Day Returns
3.7%
BATS-CHIXE:DUSTs
3.3%
GB Online Retail
0.1%
GB Market
1 Year Returns
-45.6%
BATS-CHIXE:DUSTs
-8.7%
GB Online Retail
-23.6%
GB Market
DUSTs Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dustin Group (DUSTs) 3.7% -19.2% -34.7% -45.6% -29.7% -26.4%
GB Online Retail 3.3% -6.4% -13.9% -8.7% 37% 64.4%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • DUSTs underperformed the Online Retail industry which returned -8.7% over the past year.
  • DUSTs underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
DUSTs
Industry
5yr Volatility vs Market

DUSTs Value

 Is Dustin Group 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 Dustin Group 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 Dustin Group.

BATS-CHIXE:DUSTs Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.2%
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:DUSTs
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.42
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.419 (1 + (1- 22%) (67.74%))
1.783
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.78
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.783 * 5.44%)
10.23%

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

The calculations below outline how an intrinsic value for Dustin Group 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:DUSTs DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 10.23%)
2020 270.00 Analyst x2 244.95
2021 506.50 Analyst x2 416.86
2022 564.50 Analyst x2 421.49
2023 604.80 Est @ 7.14% 409.67
2024 635.98 Est @ 5.16% 390.82
2025 659.94 Est @ 3.77% 367.91
2026 678.40 Est @ 2.8% 343.11
2027 692.76 Est @ 2.12% 317.86
2028 704.12 Est @ 1.64% 293.09
2029 713.33 Est @ 1.31% 269.37
Present value of next 10 years cash flows SEK3,475.00
BATS-CHIXE:DUSTs DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK713.33 × (1 + 0.53%) ÷ (10.23% – 0.53%)
SEK7,394.10
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK7,394.10 ÷ (1 + 10.23%)10
SEK2,792.22
BATS-CHIXE:DUSTs Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK3,475.00 + SEK2,792.22
SEK6,267.22
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK6,267.22 / 88.65
SEK70.7
BATS-CHIXE:DUSTs Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:DUSTs represents 1.00204x of OM:DUST
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00204x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 70.70 x 1.00204
SEK70.84
Value per share (SEK) From above. SEK70.84
Current discount Discount to share price of SEK48.95
= -1 x (SEK48.95 - SEK70.84) / SEK70.84
30.9%

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

Current Discount
Amount off the current price Dustin Group is available for.
Intrinsic value
31%
Share price is SEK48.95 vs Future cash flow value of SEK70.84
Current Discount Checks
For Dustin Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Dustin Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Dustin Group's share price is below the future cash flow value, but not 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 Dustin Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dustin Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:DUSTs PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2020-02-29) in SEK SEK3.37
OM:DUST Share Price ** OM (2020-04-07) in SEK SEK48.85
United Kingdom of Great Britain and Northern Ireland Online Retail Industry PE Ratio Median Figure of 8 Publicly-Listed Online Retail Companies 16.52x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

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

** Primary Listing of Dustin Group.

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

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

= 48.85 ÷ 3.37

14.48x

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

  • Dustin Group is good value based on earnings compared to the GB Online Retail industry average.
  • Dustin Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Dustin Group's expected growth come at a high price?
Raw Data
BATS-CHIXE:DUSTs PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
18.7%per year
United Kingdom of Great Britain and Northern Ireland Online Retail Industry PEG Ratio Median Figure of 7 Publicly-Listed Online Retail Companies 1.2x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:DUSTs PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.48x ÷ 18.7%

0.77x

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

  • Dustin Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Dustin Group's assets?
Raw Data
BATS-CHIXE:DUSTs PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2020-02-29) in SEK SEK26.62
OM:DUST Share Price * OM (2020-04-07) in SEK SEK48.85
United Kingdom of Great Britain and Northern Ireland Online Retail Industry PB Ratio Median Figure of 16 Publicly-Listed Online Retail Companies 2.19x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:DUSTs PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 48.85 ÷ 26.62

1.83x

* Primary Listing of Dustin Group.

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

  • Dustin Group is good value based on assets compared to the GB Online Retail industry average.
X
Value checks
We assess Dustin Group'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 Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. Dustin Group has a total score of 4/6, 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.

DUSTs Future Performance

 How is Dustin Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dustin Group expected to grow at an attractive rate?
  • Dustin Group's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Dustin Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Dustin Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:DUSTs Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:DUSTs Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 18.7%
BATS-CHIXE:DUSTs Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.4%
United Kingdom of Great Britain and Northern Ireland Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 43.2%
United Kingdom of Great Britain and Northern Ireland Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 12.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
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:DUSTs Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 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:DUSTs Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-08-31 14,136 742 427 2
2021-08-31 13,420 682 363 2
2020-08-31 12,923 592 273 2
2020-04-07
BATS-CHIXE:DUSTs Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2020-02-29 13,245 552 299
2019-11-30 12,917 540 331
2019-08-31 12,536 264 356
2019-05-31 12,034 252 353
2019-02-28 11,327 373 372
2018-11-30 10,835 243 340
2018-08-31 10,301 748 305
2018-05-31 10,039 675 283
2018-02-28 9,834 432 264
2017-11-30 9,614 362 247
2017-08-31 9,306 214 239
2017-05-31 8,996 152 216

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dustin Group's earnings are expected to grow by 18.7% yearly, however this is not considered high growth (20% yearly).
  • Dustin Group's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:DUSTs Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Dustin Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:DUSTs Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-08-31 4.82 5.12 4.52 2.00
2021-08-31 4.10 4.45 3.75 2.00
2020-08-31 3.09 3.26 2.91 2.00
2020-04-07
BATS-CHIXE:DUSTs Past Financials Data
Date (Data in SEK Millions) EPS *
2020-02-29 3.37
2019-11-30 3.74
2019-08-31 4.12
2019-05-31 4.23
2019-02-28 4.66
2018-11-30 4.40
2018-08-31 3.99
2018-05-31 3.71
2018-02-28 3.43
2017-11-30 3.23
2017-08-31 3.14
2017-05-31 2.84

*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.
  • Dustin Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Dustin Group'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.
Dustin Group has a total score of 3/6, 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.

DUSTs Past Performance

  How has Dustin Group 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 Dustin Group's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dustin Group's year on year earnings growth rate has been positive over the past 5 years.
  • Dustin Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Dustin Group's 1-year earnings growth is negative, it can't be compared to the GB Online Retail industry average.
Earnings and Revenue History
Dustin Group'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 Dustin Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:DUSTs Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2020-02-29 13,245.40 299.10 1,663.40
2019-11-30 12,917.30 331.20 1,623.20
2019-08-31 12,535.70 356.20 1,594.30
2019-05-31 12,034.10 353.30 1,516.90
2019-02-28 11,327.30 371.90 1,389.10
2018-11-30 10,835.40 340.00 1,291.60
2018-08-31 10,300.50 305.10 1,183.30
2018-05-31 10,038.70 283.10 1,119.50
2018-02-28 9,834.30 263.90 1,085.70
2017-11-30 9,614.40 247.10 1,064.60
2017-08-31 9,306.20 239.10 1,016.30
2017-05-31 8,995.60 216.10 998.20
2017-02-28 8,727.20 219.90 961.30
2016-11-30 8,460.80 216.70 924.60
2016-08-31 8,300.80 224.70 911.50
2016-05-31 8,107.80 227.60 880.30
2016-02-29 8,037.70 212.90 860.20
2015-11-30 7,989.60 164.70 839.60
2015-08-31 7,933.50 118.40 824.50
2015-05-31 7,830.34 69.56 811.52
2015-02-28 7,813.99 168.64 802.80
2014-11-30 7,627.92 189.28 796.20
2014-08-31 7,389.22 163.73 774.60
2013-08-31 5,452.95 77.33 572.64

*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.
  • Dustin Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dustin Group used its assets less efficiently than the GB Online Retail industry average last year based on Return on Assets.
  • Dustin Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dustin Group'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 Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dustin Group 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.

DUSTs Health

 How is Dustin Group'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 Dustin Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dustin Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dustin Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Dustin Group'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x 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 Dustin Group Company Filings, last reported 1 month ago.

BATS-CHIXE:DUSTs Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2020-02-29 2,360.20 2,314.60 397.60
2019-11-30 2,542.20 2,163.40 414.20
2019-08-31 2,460.30 2,275.70 282.20
2019-05-31 2,391.20 2,251.30 236.90
2019-02-28 2,330.20 2,159.40 746.20
2018-11-30 2,432.90 2,175.70 850.30
2018-08-31 1,646.60 2,281.20 277.70
2018-05-31 1,566.60 1,625.70 407.90
2018-02-28 1,462.80 1,590.20 159.50
2017-11-30 1,568.90 1,381.70 181.20
2017-08-31 1,485.10 1,184.70 71.50
2017-05-31 1,440.00 1,195.60 90.80
2017-02-28 1,391.50 1,172.70 274.00
2016-11-30 1,501.60 1,181.30 521.50
2016-08-31 1,422.20 1,128.00 242.90
2016-05-31 1,378.60 1,109.70 333.90
2016-02-29 1,329.30 1,121.00 234.50
2015-11-30 1,379.90 1,116.60 255.20
2015-08-31 1,323.70 1,176.90 77.80
2015-05-31 1,297.31 1,123.04 80.97
2015-02-28 1,258.82 1,162.49 226.90
2014-11-30 771.11 1,531.49 31.31
2014-08-31 743.03 1,344.03 133.61
2013-08-31 555.84 1,492.32 2.42
  • Dustin Group's level of debt (98.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (92.2% vs 98.1% today).
  • Debt is well covered by operating cash flow (23.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.4x coverage).
X
Financial health checks
We assess Dustin Group'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. Dustin Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

DUSTs Dividends

 What is Dustin Group'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
6.14%
Current annual income from Dustin Group dividends. Estimated to be 5.86% next year.
If you bought SEK2,000 of Dustin Group shares you are expected to receive SEK123 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?
  • Dustin Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • Dustin Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
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:DUSTs Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
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 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:DUSTs Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-08-31 3.47 2.00
2021-08-31 2.97 2.00
2020-08-31 2.14 2.00
2020-04-07
BATS-CHIXE:DUSTs Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-11-14 3.000 4.553
2019-10-09 3.000 3.891
2018-10-10 2.710 3.361
2017-11-17 2.800 3.481
2017-10-18 2.800 3.851
2016-10-20 2.400 3.610
2015-11-27 1.700 2.887
2015-10-15 1.700 2.947

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

  • Whilst dividend payments have been stable, Dustin Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Dustin Group only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Dustin Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Dustin Group'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 Dustin Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dustin Group has a total score of 3/6, see the detailed checks below.


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

DUSTs Management

 What is the CEO of Dustin Group'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
Thomas Ekman
COMPENSATION SEK10,800,000
AGE 50
TENURE AS CEO 2.3 years
CEO Bio

Mr. Thomas Ekman served as Chief Executive Officer of Ixat Intressenter AB (publ) from 2016 to 2017. Mr. Ekman is Chief Executive Officer of Dustin AB since 2018. He is the President and Chief Executive Officer of Dustin AB (publ) and was its Acting Vice President of Supply Chain since October 1, 2018. Mr. Ekman serves as Director at Com Hem AB. He is a Director of Sportamore AB (publ) since 2018. He served as Chief Executive Officer of Cabonline Group AB until November 28, 2017. Mr. Ekman served as the Chief Executive Officer of Sweden of Tele2 AB (publ) since July 1, 2011 and served as its Executive Vice President until April 18, 2016. He served as the Chief Executive Officer of Tele2 Sverige AB from July 1, 2011 to April 18, 2016 and served as its Executive Vice President until April 18, 2016. He served as New Market Area Director of Nordic since July 1, 2011. He served as Director Com Hem Sweden AB (publ). Mr. Ekman has a strong background in telecommunications, media and TV gained from holding various management positions as Chief Commercial Officer of Consumer segment at Tele2 Sweden, Sales Director of Tele2 Sweden and Sales Director at Viasat Sweden and Everyday.com during his 12 years within Tele2 and the Kinnevik group. He has been a Director of Com Hem Holding AB (publ) since June 13, 2017.

CEO Compensation
  • Thomas's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Thomas's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Dustin Group management team in years:

3.9
Average Tenure
48
Average Age
  • The tenure for the Dustin Group management team is about average.
Management Team

Thomas Ekman

TITLE
President & CEO
COMPENSATION
SEK11M
AGE
50
TENURE
2.3 yrs

Bo Lundevall

TITLE
Founder & Co-Owner
TENURE
36.3 yrs

Johan Karlsson

TITLE
CFO & Executive VP of Business Support
AGE
54
TENURE
11.3 yrs

Eva Ernfors

TITLE
Head of Information

Johansson Sätterström

TITLE
Head of Investor Relations
TENURE
3.9 yrs

Sara Edlund

TITLE
Head of Legal

Morten Nielsen

TITLE
Executive Vice President of People & Culture
AGE
44
TENURE
3.6 yrs

Michael Haagen Petersen

TITLE
Executive Vice President of Large Corporate & Public Nordic
AGE
48
TENURE
3.8 yrs

Mikael Svensson

TITLE
Head of Reporting &Internal Control

Rebecca Tallmark

TITLE
Executive Vice President of SMB Nordic
AGE
43
Board of Directors Tenure

Average tenure and age of the Dustin Group board of directors in years:

4.3
Average Tenure
54
Average Age
  • The tenure for the Dustin Group board of directors is about average.
Board of Directors

Mia Livfors

TITLE
Chairman
COMPENSATION
SEK680K
AGE
54
TENURE
2.3 yrs

Johan Fant

TITLE
Director
COMPENSATION
SEK410K
AGE
60
TENURE
4.3 yrs

Caroline Berg

TITLE
Director
COMPENSATION
SEK340K
AGE
51
TENURE
3.3 yrs

Tomas Franzén

TITLE
Director
COMPENSATION
SEK340K
AGE
57
TENURE
7.3 yrs

Mattias Miksche

TITLE
Independent Director
COMPENSATION
SEK310K
AGE
51
TENURE
14.3 yrs

Gunnel Duveblad

TITLE
Independent Director
COMPENSATION
SEK360K
AGE
64
TENURE
4.3 yrs

Morten Strand

TITLE
Independent Director
COMPENSATION
SEK360K
AGE
54
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Dustin Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
27. Feb 20 Buy Thomas Ekman Individual 26. Feb 20 26. Feb 20 7,000 SEK67.55 SEK472,874
16. Oct 19 Buy Axel Johnson Holding AB Company 14. Oct 19 15. Oct 19 2,493,571 SEK77.21 SEK190,610,217
X
Management checks
We assess Dustin Group'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. Dustin Group 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.

DUSTs News

Simply Wall St News

DUSTs Company Info

Description

Dustin Group AB (publ) offers online IT products and services in Sweden, Denmark, Finland, Norway, and the Netherlands. It operates through three segments: Small and Medium-sized Businesses, Large Corporate and Public Sector, and Business to Consumer. The company sells hardware, software, and related services and solutions, as well as resells licenses. It also provides consulting and bundled services. The company sells its products through the online platform and relationship and consultative selling under the Dustin brand. Dustin Group AB (publ) was founded in 1984 and is headquartered in Nacka Strand, Sweden.

Details
Name: Dustin Group AB (publ)
DUSTs
Exchange: BATS-CHIXE
Founded: 1984
SEK4,139,830,731
88,647,339
Website: http://www.dustingroup.com
Address: Dustin Group AB (publ)
Augustendalsvägen 7,
Nacka Strand,
Stockholm County, 131 27,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM DUST Ordinary Shares OMX Nordic Exchange Stockholm SE SEK 13. Feb 2015
DB 9DG Ordinary Shares Deutsche Boerse AG DE EUR 13. Feb 2015
LSE 0R5W Ordinary Shares London Stock Exchange GB SEK 13. Feb 2015
BRSE 9DG Ordinary Shares Berne Stock Exchange CH CHF 13. Feb 2015
BATS-CHIXE DUSTs Ordinary Shares BATS 'Chi-X Europe' GB SEK 13. Feb 2015
Number of employees
Current staff
Staff numbers
1,800
Dustin Group employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:07
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/03
Last earnings filing: 2020/04/01
Last earnings reported: 2020/02/29
Last annual earnings reported: 2019/08/31


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.