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Asker og Bærums Budstikke

OTCNO:BUDS
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BUDS
OTCNO
NOK98M
Market Cap
  1. Home
  2. NO
  3. Media
Company description

Asker og Bærums Budstikke AS engages in the media business in Norway. The last earnings update was 152 days ago. More info.


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BUDS Share Price and Events
7 Day Returns
0%
OTCNO:BUDS
0.4%
NO Media
-2.8%
NO Market
1 Year Returns
-21.9%
OTCNO:BUDS
-2%
NO Media
3.9%
NO Market
BUDS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Asker og Bærums Budstikke (BUDS) 0% 4.2% -8.1% -21.9% 19% -51.9%
NO Media 0.4% 5.5% -2.5% -2% -20.2% -5.1%
NO Market -2.8% -0.9% 2% 3.9% 14.5% 24.7%
1 Year Return vs Industry and Market
  • BUDS underperformed the Media industry which returned -2% over the past year.
  • BUDS underperformed the Market in Norway which returned 3.9% over the past year.
Price Volatility
BUDS
Industry
5yr Volatility vs Market

BUDS Value

 Is Asker og Bærums Budstikke 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 Asker og Bærums Budstikke 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 Asker og Bærums Budstikke.

OTCNO:BUDS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in NOK NOK 1.000000
Payout Ratio Company Filings (2019-06-30) -15589.8%
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year NO Government Bond Rate 0.7%

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 OTCNO:BUDS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 5.4%
Media Unlevered Beta Simply Wall St/ S&P Global 0.77
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.773 (1 + (1- 23%) (44.42%))
1.129
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.65% + (1.129 * 5.44%)
6.79%

Discounted Cash Flow Calculation for OTCNO:BUDS using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Asker og Bærums Budstikke 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.

OTCNO:BUDS Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= NOK1 / (6.79% - 0.65%)
NOK16.28
OTCNO:BUDS Discount to Share Price
Calculation Result
Value per share (NOK) From above. NOK16.28
Current discount Discount to share price of NOK12.50
= -1 x (NOK12.50 - NOK16.28) / NOK16.28
23.2%

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

Current Discount
Amount off the current price Asker og Bærums Budstikke is available for.
Intrinsic value
23%
Share price is NOK12.5 vs Future cash flow value of NOK16.28
Current Discount Checks
For Asker og Bærums Budstikke to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Asker og Bærums Budstikke's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Asker og Bærums Budstikke'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 Asker og Bærums Budstikke's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Asker og Bærums Budstikke's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCNO:BUDS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in NOK NOK1.98
OTCNO:BUDS Share Price ** OTCNO (2020-01-10) in NOK NOK12.5
Europe Media Industry PE Ratio Median Figure of 111 Publicly-Listed Media Companies 19x
Norway Market PE Ratio Median Figure of 144 Publicly-Listed Companies 13.88x

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

** Primary Listing of Asker og Bærums Budstikke.

OTCNO:BUDS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCNO:BUDS Share Price ÷ EPS (both in NOK)

= 12.5 ÷ 1.98

6.32x

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

  • Asker og Bærums Budstikke is good value based on earnings compared to the Europe Media industry average.
  • Asker og Bærums Budstikke is good value based on earnings compared to the Norway market.
Price based on expected Growth
Does Asker og Bærums Budstikke's expected growth come at a high price?
Raw Data
OTCNO:BUDS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Media Industry PEG Ratio Median Figure of 66 Publicly-Listed Media Companies 1.64x
Norway Market PEG Ratio Median Figure of 107 Publicly-Listed Companies 0.75x

*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 Asker og Bærums Budstikke, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Asker og Bærums Budstikke's assets?
Raw Data
OTCNO:BUDS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in NOK NOK13.91
OTCNO:BUDS Share Price * OTCNO (2020-01-10) in NOK NOK12.5
Norway Media Industry PB Ratio Median Figure of 5 Publicly-Listed Media Companies 0.9x
Norway Market PB Ratio Median Figure of 240 Publicly-Listed Companies 1.05x
OTCNO:BUDS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCNO:BUDS Share Price ÷ Book Value per Share (both in NOK)

= 12.5 ÷ 13.91

0.9x

* Primary Listing of Asker og Bærums Budstikke.

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

  • Asker og Bærums Budstikke is good value based on assets compared to the NO Media industry average.
X
Value checks
We assess Asker og Bærums Budstikke's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Asker og Bærums Budstikke 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.

BUDS Future Performance

 How is Asker og Bærums Budstikke 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 Asker og Bærums Budstikke 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
10%
Expected Media industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Asker og Bærums Budstikke expected to grow at an attractive rate?
  • Unable to compare Asker og Bærums Budstikke's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Asker og Bærums Budstikke's earnings growth to the Norway market average as no estimate data is available.
  • Unable to compare Asker og Bærums Budstikke's revenue growth to the Norway market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCNO:BUDS Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Media Industry Earnings Growth Rate Market Cap Weighted Average 10%
Europe Media Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Norway Market Earnings Growth Rate Market Cap Weighted Average 19.1%
Norway Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*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
OTCNO:BUDS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCNO:BUDS Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-06-30 158 12
2019-03-31 157 14
2018-12-31 157 16
2018-09-30 169 16
2018-06-30 152 14
2018-03-31 140 10
2017-12-31 151 8 4
2017-09-16 158 -4
2017-03-31 157 -4
2016-12-31 154 -8 -3
2016-09-16 155 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Asker og Bærums Budstikke is high growth as no earnings estimate data is available.
  • Unable to determine if Asker og Bærums Budstikke 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
OTCNO:BUDS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Asker og Bærums Budstikke Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCNO:BUDS Past Financials Data
Date (Data in NOK Millions) EPS *
2019-06-30
2019-03-31
2018-12-31 1.98
2018-09-30 2.09
2018-06-30
2018-03-31
2017-12-31 0.54
2017-09-16
2017-03-31
2016-12-31 -0.37
2016-09-16

*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 Asker og Bærums Budstikke will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Asker og Bærums Budstikke is trading at Asker og Bærums Budstikke'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. Asker og Bærums Budstikke'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 Media 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 Asker og Bærums Budstikke's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Asker og Bærums Budstikke 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.

BUDS Past Performance

  How has Asker og Bærums Budstikke 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 Asker og Bærums Budstikke's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Asker og Bærums Budstikke has delivered over 20% year on year earnings growth in the past 5 years.
  • Asker og Bærums Budstikke's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Asker og Bærums Budstikke's 1-year earnings growth is negative, it can't be compared to the Europe Media industry average.
Earnings and Revenue History
Asker og Bærums Budstikke'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 Asker og Bærums Budstikke Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCNO:BUDS Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 158.02 11.81
2019-03-31 157.34 13.69
2018-12-31 156.65 15.56
2018-09-30 168.51 16.44
2018-06-30 151.78 14.33
2018-03-31 140.46 10.22
2017-12-31 151.46 4.26
2017-09-16 158.38 -3.77
2017-03-31 157.25 -4.09
2016-12-31 153.65 -2.94
2016-09-16 154.70 -2.76
2016-03-31 157.05 -3.57
2015-12-31 159.97 2.33
2015-09-16 162.69 4.96
2015-03-31 166.08 3.88
2014-12-31 171.55 3.31
2014-09-30 172.67 5.77
2014-03-31 175.13 13.38
2013-12-31 177.31 20.30
2013-09-16 181.05 14.83
2013-03-31 182.63 11.59

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

BUDS Health

 How is Asker og Bærums Budstikke'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 Asker og Bærums Budstikke's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Asker og Bærums Budstikke is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Asker og Bærums Budstikke's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Asker og Bærums Budstikke'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 1.2x 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 Asker og Bærums Budstikke Company Filings, last reported 6 months ago.

OTCNO:BUDS Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 115.07 43.69 35.70
2019-03-31 115.07 43.69 35.70
2018-12-31 109.45 18.75 33.63
2018-09-30 109.45 18.75 33.63
2018-06-30 113.03 19.38 30.62
2018-03-31 113.03 19.38 30.62
2017-12-31 101.86 9.63 21.79
2017-09-16 100.07 9.75 21.76
2017-03-31 99.33 9.88 28.45
2016-12-31 101.84 0.00 28.39
2016-09-16 70.33 0.00 24.78
2016-03-31 110.29 0.00 85.13
2015-12-31 120.32 0.00 91.27
2015-09-16 131.56 0.00 85.38
2015-03-31 130.04 0.00 110.76
2014-12-31 130.04 0.00 114.23
2014-09-30 152.60 0.00 107.90
2014-03-31 149.02 0.00 129.04
2013-12-31 151.42 0.00 133.71
2013-09-16 168.74 0.00
2013-03-31 161.26 0.00
  • Asker og Bærums Budstikke's level of debt (38%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Asker og Bærums Budstikke's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as Asker og Bærums Budstikke has not reported sufficient balance sheet data.
  • Interest payments on debt are well covered by earnings (EBIT is 5.5x coverage).
X
Financial health checks
We assess Asker og Bærums Budstikke'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. Asker og Bærums Budstikke 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.

BUDS Dividends

 What is Asker og Bærums Budstikke'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
8%
Current annual income from Asker og Bærums Budstikke dividends.
If you bought NOK2,000 of Asker og Bærums Budstikke shares you are expected to receive NOK160 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?
  • Asker og Bærums Budstikke's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.39%).
  • Asker og Bærums Budstikke's dividend is above the markets top 25% of dividend payers in Norway (5.64%).
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
OTCNO:BUDS 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
Europe Media Industry Average Dividend Yield Market Cap Weighted Average of 89 Stocks 4.6%
Norway Market Average Dividend Yield Market Cap Weighted Average of 114 Stocks 4.5%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.4%
Norway Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

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

OTCNO:BUDS Past Annualized Dividends Data
Date (Data in NOK) Dividend per share (annual) Avg. Yield (%)
2019-03-13 1.000 7.218
2018-03-01 0.500 3.409
2016-04-26 1.500 10.575
2016-02-19 1.500 9.175
2015-02-13 1.750 8.938
2014-02-18 2.500 9.647
2012-03-01 2.000 6.737
2012-02-08 2.000 8.128
2011-04-27 2.500 9.002
2010-03-01 2.000 6.773
2009-02-12 5.000 18.288

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Asker og Bærums Budstikke's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (2x 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 Asker og Bærums Budstikke's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Asker og Bærums Budstikke afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Asker og Bærums Budstikke 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.

BUDS Management

 What is the CEO of Asker og Bærums Budstikke'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
Terje Tandberg
COMPENSATION NOK1,780,000
TENURE AS CEO 10 years
CEO Bio

Mr. Terje Tandberg has been Chief Executive Officer at Asker Og Bærums Budstikke Asa since 2010 and served as its Chief Sales Officer since 2007. Mr. Tandberg served as Administration Director at Asker Og Bærums Budstikke Asa. He holds a Degree in Economics and Business Administration from the Norwegian School of Economics

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

Terje Tandberg

TITLE
Chief Executive Officer
COMPENSATION
NOK2M
TENURE
10 yrs

Andreas Gjølme

TITLE
COMPENSATION
NOK2M

Kjersti Sortland

TITLE
Editor In Chief

Anders Berggrav-Sørensen

TITLE
Chief Financial Officer
TENURE
6 yrs

Trond Jørgensen

TITLE
Chief Marketing Officer
Board of Directors Tenure

Average tenure of the Asker og Bærums Budstikke board of directors in years:

7
Average Tenure
  • The tenure for the Asker og Bærums Budstikke board of directors is about average.
Board of Directors

Gislaug Rydland

TITLE
Chairman
TENURE
7 yrs

Hans Holbye

TITLE
Deputy Chairman
TENURE
6 yrs

Mette Sjølie

TITLE
Director
TENURE
9 yrs

Karl Opdal

TITLE
Director
TENURE
20 yrs

Odd Øie

TITLE
Director
TENURE
7 yrs

Hanne Cappelen

TITLE
Director
TENURE
5 yrs

Espen Bergh

TITLE
Director
TENURE
6 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 (NOK) Value (NOK)
X
Management checks
We assess Asker og Bærums Budstikke'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. Asker og Bærums Budstikke 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.

BUDS News

Simply Wall St News

BUDS Company Info

Description

Asker og Bærums Budstikke AS engages in the media business in Norway. It publishes local newspapers; and operates budstikka.no, a news Website. The company was founded in 1898 and is based in Billingstad, Norway.

Details
Name: Asker og Bærums Budstikke AS
BUDS
Exchange: OTCNO
Founded: 1898
NOK98,361,312
7,868,905
Website: http://www.budstikka.no
Address: Asker og Bærums Budstikke AS
Billingstadsletta 17,
Billingstad,
Akershus, 1396,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCNO BUDS Share Capital Norway OTC NO NOK 07. Jan 2000
Number of employees
Current staff
Staff numbers
0
Asker og Bærums Budstikke employees.
Industry
Publishing
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 19:31
End of day share price update: 2020/01/10 00:00
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.