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XXL

OB:XXL
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XXL
OB
NOK2B
Market Cap
  1. Home
  2. NO
  3. Retail
Company description

XXL ASA operates as a sports retailer. The company offers sports, health, and fitness products, such as sports equipment and sportswear for various sports, including football, golf, water sports, racket sports, and ice hockey; and fitness equipment, including treadmills and rowing machines, as well as food supplements and nutrition. The last earnings update was 12 days ago. More info.


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  • XXL has significant price volatility in the past 3 months.
XXL Share Price and Events
7 Day Returns
7.2%
OB:XXL
-0.7%
Europe Specialty Retail
-0.3%
NO Market
1 Year Returns
-61.1%
OB:XXL
22.8%
Europe Specialty Retail
-1.2%
NO Market
XXL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
XXL (XXL) 7.2% -7.5% -19.3% -61.1% -87% -83.6%
Europe Specialty Retail -0.7% 0.6% 11.9% 22.8% -7.9% -11.1%
NO Market -0.3% -3.6% 2.2% -1.2% 13.1% 20.5%
1 Year Return vs Industry and Market
  • XXL underperformed the Specialty Retail industry which returned 22.8% over the past year.
  • XXL underperformed the Market in Norway which returned -1.2% over the past year.
Price Volatility
XXL
Industry
5yr Volatility vs Market
Related Companies

XXL Value

 Is XXL 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 XXL 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 XXL.

OB:XXL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.7%
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 OB:XXL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 5.4%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.817 (1 + (1- 23%) (229.86%))
1.847
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.65% + (1.847 * 5.44%)
10.7%

Discounted Cash Flow Calculation for OB:XXL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for XXL 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.

OB:XXL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (NOK, Millions) Source Present Value
Discounted (@ 10.7%)
2020 511.00 Analyst x2 461.62
2021 592.33 Analyst x3 483.39
2022 911.00 Analyst x1 671.61
2023 977.95 Est @ 7.35% 651.31
2024 1,030.17 Est @ 5.34% 619.79
2025 1,070.68 Est @ 3.93% 581.92
2026 1,102.24 Est @ 2.95% 541.18
2027 1,127.14 Est @ 2.26% 499.93
2028 1,147.15 Est @ 1.78% 459.65
2029 1,163.65 Est @ 1.44% 421.20
Present value of next 10 years cash flows NOK5,391.00
OB:XXL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= NOK1,163.65 × (1 + 0.65%) ÷ (10.7% – 0.65%)
NOK11,658.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NOK11,658.19 ÷ (1 + 10.7%)10
NOK4,219.88
OB:XXL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NOK5,391.00 + NOK4,219.88
NOK9,610.88
Equity Value per Share
(NOK)
= Total value / Shares Outstanding
= NOK9,610.88 / 165.76
NOK57.98
OB:XXL Discount to Share Price
Calculation Result
Value per share (NOK) From above. NOK57.98
Current discount Discount to share price of NOK12.17
= -1 x (NOK12.17 - NOK57.98) / NOK57.98
79%

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

Current Discount
Amount off the current price XXL is available for.
Intrinsic value
>50%
Share price is NOK12.17 vs Future cash flow value of NOK57.98
Current Discount Checks
For XXL to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • XXL's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • XXL'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 XXL's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are XXL's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:XXL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in NOK NOK-2.10
OB:XXL Share Price ** OB (2020-02-19) in NOK NOK12.17
Europe Specialty Retail Industry PE Ratio Median Figure of 77 Publicly-Listed Specialty Retail Companies 15.24x
Norway Market PE Ratio Median Figure of 147 Publicly-Listed Companies 15.54x

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

** Primary Listing of XXL.

OB:XXL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:XXL Share Price ÷ EPS (both in NOK)

= 12.17 ÷ -2.10

-5.79x

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

  • XXL is loss making, we can't compare its value to the Europe Specialty Retail industry average.
  • XXL is loss making, we can't compare the value of its earnings to the Norway market.
Price based on expected Growth
Does XXL's expected growth come at a high price?
Raw Data
OB:XXL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
96.2%per year
Europe Specialty Retail Industry PEG Ratio Median Figure of 48 Publicly-Listed Specialty Retail Companies 1.44x
Norway Market PEG Ratio Median Figure of 106 Publicly-Listed Companies 0.84x

*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 XXL, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on XXL's assets?
Raw Data
OB:XXL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in NOK NOK24.97
OB:XXL Share Price * OB (2020-02-19) in NOK NOK12.17
Europe Specialty Retail Industry PB Ratio Median Figure of 112 Publicly-Listed Specialty Retail Companies 1.37x
Norway Market PB Ratio Median Figure of 244 Publicly-Listed Companies 1.02x
OB:XXL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:XXL Share Price ÷ Book Value per Share (both in NOK)

= 12.17 ÷ 24.97

0.49x

* Primary Listing of XXL.

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

  • XXL is good value based on assets compared to the Europe Specialty Retail industry average.
X
Value checks
We assess XXL'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 Specialty 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 Specialty Retail industry average (and greater than 0)? (1 check)
  5. XXL has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

XXL Future Performance

 How is XXL expected to perform in the next 1 to 3 years based on estimates from 5 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
96.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is XXL expected to grow at an attractive rate?
  • XXL's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • XXL's earnings growth is expected to exceed the Norway market average.
  • XXL's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:XXL Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:XXL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 96.2%
OB:XXL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 3.8%
Europe Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Europe Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Norway Market Earnings Growth Rate Market Cap Weighted Average 18.8%
Norway Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*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
OB:XXL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:XXL Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 9,983 1,075 140 3
2021-12-31 9,712 899 148 5
2020-12-31 9,083 694 -48 4
2020-02-19
OB:XXL Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-12-31 8,992 950 -297
2019-09-30 9,243 789 106
2019-06-30 9,274 744 178
2019-03-31 9,419 322 227
2018-12-31 9,475 460 237
2018-09-30 9,430 517 425
2018-06-30 9,344 570 472
2018-03-31 9,066 678 511
2017-12-31 8,709 490 512
2017-09-30 8,336 109 482
2017-06-30 7,999 -159 453
2017-03-31 7,842 -84 461

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • XXL's earnings are expected to grow significantly at over 20% yearly.
  • XXL's revenue is expected to grow by 3.8% 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
OB:XXL 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 5 Analyst Estimates (S&P Global) See Below

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

OB:XXL Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.67 1.07 0.44 3.00
2021-12-31 0.65 1.15 0.13 5.00
2020-12-31 -0.24 -0.06 -0.63 4.00
2020-02-19
OB:XXL Past Financials Data
Date (Data in NOK Millions) EPS *
2019-12-31 -2.10
2019-09-30 0.77
2019-06-30 1.30
2019-03-31 1.65
2018-12-31 1.72
2018-09-30 3.08
2018-06-30 3.41
2018-03-31 3.69
2017-12-31 3.70
2017-09-30 3.48
2017-06-30 3.27
2017-03-31 3.33

*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.
  • XXL is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess XXL'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.
XXL has a total score of 4/6, 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.

XXL Past Performance

  How has XXL 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 XXL's growth in the last year to its industry (Specialty 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.
  • XXL does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare XXL's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare XXL's 1-year growth to the Europe Specialty Retail industry average as it is not currently profitable.
Earnings and Revenue History
XXL'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 XXL Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:XXL Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 8,992.00 -297.00 1,652.00
2019-09-30 9,243.00 106.00 2,634.00
2019-06-30 9,274.00 178.00 2,619.00
2019-03-31 9,419.00 227.00 2,633.00
2018-12-31 9,475.00 237.00 2,615.00
2018-09-30 9,430.00 425.00 2,451.00
2018-06-30 9,344.00 472.00 2,425.00
2018-03-31 9,066.00 511.00 2,372.00
2017-12-31 8,709.00 512.00 2,301.00
2017-09-30 8,336.00 482.00 2,145.00
2017-06-30 7,999.00 453.00 2,100.00
2017-03-31 7,842.00 461.00 2,061.00
2016-12-31 7,813.00 516.00 2,023.00
2016-09-30 7,492.00 417.00 1,813.00
2016-06-30 7,165.00 439.00 1,745.00
2016-03-31 6,802.00 440.00 1,678.00
2015-12-31 6,487.00 427.00 1,623.00
2015-09-30 6,175.00 452.00 1,464.00
2015-06-30 5,838.00 369.00 1,409.00
2015-03-31 5,549.00 306.00 1,353.00
2014-12-31 5,215.00 262.00 1,308.00
2014-09-30 4,901.00 196.00 1,158.00
2014-06-30 4,566.00 175.00 1,101.00
2014-03-31 4,183.00 104.50 1,057.50
2013-12-31 4,010.00 125.00 1,009.00

*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.
  • It is difficult to establish if XXL has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if XXL has efficiently used its assets last year compared to the Europe Specialty Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if XXL improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess XXL'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 Specialty 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.
XXL has a total score of 0/6, 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.

XXL Health

 How is XXL'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 XXL's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • XXL is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • XXL's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of XXL'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 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from XXL Company Filings, last reported 1 month ago.

OB:XXL Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,857.00 1,656.00 433.00
2019-09-30 3,841.00 2,048.00 175.00
2019-06-30 3,745.00 2,154.00 118.00
2019-03-31 3,753.00 2,340.00 217.00
2018-12-31 3,710.00 2,074.00 194.00
2018-09-30 3,703.00 2,180.00 118.00
2018-06-30 3,646.00 2,130.00 212.00
2018-03-31 3,876.00 1,865.00 137.00
2017-12-31 3,846.00 1,987.00 314.00
2017-09-30 3,610.00 2,000.00 95.00
2017-06-30 3,459.00 2,195.00 292.00
2017-03-31 3,604.00 1,764.00 46.00
2016-12-31 3,608.00 1,587.00 115.00
2016-09-30 3,406.00 1,468.00 59.00
2016-06-30 3,282.00 1,390.00 186.00
2016-03-31 3,415.00 1,189.00 69.00
2015-12-31 3,366.00 1,095.00 87.00
2015-09-30 3,260.00 1,201.00 52.00
2015-06-30 3,114.00 1,204.00 241.00
2015-03-31 3,246.00 1,103.00 229.00
2014-12-31 3,219.00 1,069.00 222.00
2014-09-30 1,301.00 2,898.00 49.00
2014-06-30 1,250.00 2,861.00 44.00
2014-03-31 1,173.00 2,850.00 170.00
2013-12-31 1,173.00 2,809.00 170.00
  • XXL's level of debt (42.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (33.2% vs 42.9% today).
  • Debt is well covered by operating cash flow (57.4%, greater than 20% of total debt).
  • XXL is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess XXL'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. XXL 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.

XXL Dividends

 What is XXL'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 XXL dividends. Estimated to be 2.24% next year.
If you bought NOK2,000 of XXL shares you are expected to receive NOK0 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 XXL's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate XXL'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
OB:XXL 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 5 Analyst Estimates (S&P Global) See Below
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 64 Stocks 3.2%
Norway Market Average Dividend Yield Market Cap Weighted Average of 116 Stocks 4.8%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.9%
Norway Top 25% Dividend Yield 75th Percentile 6.1%

Industry and Market average data is calculated daily.

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

OB:XXL Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.17 3.00
2021-12-31 0.63 4.00
2020-12-31 0.00 4.00
2020-02-19
OB:XXL Past Annualized Dividends Data
Date (Data in NOK) Dividend per share (annual) Avg. Yield (%)
2020-02-07 0.000 0.000
2019-10-23 0.000 0.000
2019-07-19 0.000 0.000
2019-07-15 0.000 0.000
2019-04-24 0.000 0.000
2019-02-12 0.000 0.000
2018-02-14 2.000 4.134
2017-04-26 2.000 2.383
2017-02-15 2.000 2.111
2016-02-19 2.000 2.004
2015-04-29 2.000 2.266
2015-02-25 2.000 2.713

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

  • Unable to perform a dividend volatility check as XXL has not reported any payouts.
  • Unable to verify if XXL's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of XXL's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as XXL has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.5x coverage).
X
Income/ dividend checks
We assess XXL'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 XXL afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. XXL has a total score of 1/6, see the detailed checks below.


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

XXL Management

 What is the CEO of XXL'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
Pål Wibe
TENURE AS CEO 0.1 years
CEO Bio

Mr. Pål Wibe has been the Chief Executive Officer of Europris ASA since March 2014. Mr. Wibe is employed at Nordkronen AS and Nordkronen II AS. He served as the Chief Executive Officer at Nille AS and Chief Executive Officer of Travel Retail Norway AS. He served as Chief Executive Officer of Nipa Holding AS (Nille). Prior to this, he held various executive positions in ICA Ahold AB and worked in McKinsey & co. He serves as a Board member of Espresso House. Mr. Wibe holds a Master of Business and Administration (Nw. Siviløkonom) from the Norwegian School of Business and Administration (NHH) and an MBA from the University of California at Berkeley.

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

Average tenure of the XXL management team in years:

0.8
Average Tenure
  • The average tenure for the XXL management team is less than 2 years, this suggests a new team.
Management Team

Tolle O. Grøterud

TITLE
Strategy & Investor Relations Director
COMPENSATION
NOK2M
TENURE
4 yrs

Harald Borgen

TITLE
Chief Procurement Officer
TENURE
0.7 yrs

Pål Wibe

TITLE
Group Chief Executive Officer
TENURE
0.1 yrs

Stein Eriksen

TITLE
Group Chief Financial Officer
TENURE
1.3 yrs

Karete Kvisle

TITLE
Head of Accounting

Jakob Olsbø

TITLE
Chief Marketing Officer
TENURE
0.7 yrs

Magnus Kreuger

TITLE
Managing Director of Austria
TENURE
1 yrs

Leidulf Holand

TITLE
Business Controller

Siv Iversen

TITLE
Controller

Morten Fuglum

TITLE
Group Controller
Board of Directors Tenure

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

0.7
Average Tenure
54
Average Age
  • The average tenure for the XXL board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hugo Maurstad

TITLE
Chairman of the Board
AGE
54
TENURE
1.1 yrs

Øivind Tidemandsen

TITLE
Director
COMPENSATION
NOK400K
AGE
58

Ronny Blomseth

TITLE
Independent Director
COMPENSATION
NOK290K
AGE
51

Maria Aas-Eng

TITLE
Director
TENURE
0.7 yrs

Kjersti Krokeide Hobøl

TITLE
Director
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
06. Nov 19 Buy Altor Equity Partners AB Company 06. Nov 19 06. Nov 19 16,823,856 NOK15.00 NOK252,357,901
06. Nov 19 Buy Dolphin Management AS Company 06. Nov 19 06. Nov 19 2,205,956 NOK15.00 NOK33,089,348
23. Oct 19 Sell Tom Kjono Individual 23. Oct 19 23. Oct 19 -200,000 NOK19.60 NOK-3,920,000
19. Jun 19 Buy Altor Equity Partners AB Company 19. Jun 19 19. Jun 19 7,100,000 NOK25.00 NOK177,499,998
19. Jun 19 Sell Øivind Tidemandsen Individual 19. Jun 19 19. Jun 19 -2,400,000 NOK25.00 NOK-59,999,999
24. Apr 19 Sell Espen Terland Individual 24. Apr 19 24. Apr 19 -120,000 NOK33.34 NOK-4,000,800
01. Mar 19 Buy Anders Kjellin Individual 01. Mar 19 01. Mar 19 19,500 NOK32.98 NOK643,110
X
Management checks
We assess XXL'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. XXL 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.

XXL News

Simply Wall St News

What Are Analysts Saying About The Future Of XXL ASA's (OB:XXL)?

Since XXL ASA (OB:XXL) released its earnings in December 2018,. … with earnings expected to grow by 49% in the upcoming year … the past 5-year average growth rate of 16%

Simply Wall St -

Why XXL ASA’s (OB:XXL) Use Of Investor Capital Doesn’t Look Great

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … The formula for calculating the return on capital employed is:

Simply Wall St -

How Good Is XXL ASA (OB:XXL), When It Comes To ROE?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows XXL has a return on equity of 13% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Should Investors Know About XXL ASA's (OB:XXL) Capital Returns?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Thus, to understand how your money can grow by investing in XXL, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Estimating The Intrinsic Value Of XXL ASA (OB:XXL)

by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

XXL ASA's (OB:XXL) Most Important Factor To Consider

What is free cash flow. … Free cash flow (FCF) is the amount of cash XXL has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations … There are two methods I will use to evaluate the quality of XXL’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability.

Simply Wall St -

Does XXL ASA's (OB:XXL) July Stock Price Reflect Its Future Growth?

XXL ASA (OB:XXL) is considered a high-growth stock, but its last closing price of NOK66.1 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … Where's the growth. … XXL's extremely high growth potential in the near future is attracting investors

Simply Wall St -

Is It Time To Sell XXL ASA (OB:XXL) Based Off Its PE Ratio?

XXL is priced at a steep multiple of 18.2x based on its prior year’s earnings,. … considerably outstripping the 16.31x average multiple of the Specialty Retail. … However, a static multiple such as PE is never conclusive on its own.

Simply Wall St -

Is XXL ASA (OB:XXL) An Attractive Dividend Stock?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … Over the past 3 years, XXL ASA (OB:XXL) has returned an average of 2.00% per year to shareholders in terms of dividend yield. … Let's dig deeper into whether XXL should have a place in your portfolio.

Simply Wall St -

Should XXL ASA (OB:XXL) Be Your Next Stock Pick?

XXL ASA (OB:XXL) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … Below, I've touched on some key aspects you should know on a high level

Simply Wall St -

XXL Company Info

Description

XXL ASA operates as a sports retailer. The company offers sports, health, and fitness products, such as sports equipment and sportswear for various sports, including football, golf, water sports, racket sports, and ice hockey; and fitness equipment, including treadmills and rowing machines, as well as food supplements and nutrition. It also provides sports-related and outdoor shoes, and shoes accessories; sportswear comprising an assortment of clothes for men, women, and children for outerwear, casual wear, sportswear and technical gear, and swimwear; and outdoor products for fishing, wilderness living, and camping, such as tents, lavvos, sleeping bags, backpacks, and cooking equipment, as well as climbing gear and equipment for horses and dogs. In addition, the company provides hunting products, including firearms and ammunition, clothes, binoculars, optics, knives, and axes; skis and ski accessories, such as shoes, poles, clothes, and other equipment for cross-country and downhill skiing, as well as snowboarding; high-end and everyday bikes comprising hybrid bikes, mountain bikes, city bikes, and electric bikes for children, women, and men; and bike equipment, such as helmets, shoes, spare parts, and clothes. Further, it offers products that connect technology and sports/outdoor activities, including sport watches, action cameras, drones, GPS, earplugs and headphones, portable loudspeakers, sunglasses, pulse meters, power banks, and cycle computers. The company operates approximately 82 stores, including 36 stores in Norway, 27 stores in Sweden, 15 stores in Finland, and 4 stores in Austria, as well as e-commerce Websites, such as xxl.no, xxl.se, xxl.fi, xxl.dk, and xxlsports.at. XXL ASA was founded in 2000 and is headquartered in Oslo, Norway.

Details
Name: XXL ASA
XXL
Exchange: OB
Founded: 2000
NOK2,017,332,594
165,762,744
Website: http://www.xxlasa.com
Address: XXL ASA
Alna Center,
Strømsveien 245,
Oslo,
Oslo, 0668,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB XXL Ordinary Shares Oslo Bors NO NOK 03. Oct 2014
DB 2XX Ordinary Shares Deutsche Boerse AG DE EUR 03. Oct 2014
LSE 0R3P Ordinary Shares London Stock Exchange GB NOK 03. Oct 2014
BATS-CHIXE XXLo Ordinary Shares BATS 'Chi-X Europe' GB NOK 03. Oct 2014
OTCPK XXLL.Y UNSPONSORE ADR Pink Sheets LLC US USD 17. Mar 2017
Number of employees
Current staff
Staff numbers
5,290
XXL employees.
Industry
Specialty Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/19 22:58
End of day share price update: 2020/02/19 00:00
Last estimates confirmation: 2020/02/11
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.