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Treasure

OB:TRE
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TRE
OB
NOK3B
Market Cap
  1. Home
  2. NO
  3. Transportation
Company description

Treasure ASA, through its 12.04% interest in Hyundai Glovis Co. The last earnings update was 32 days ago. More info.


Add to Portfolio Compare Print
TRE Share Price and Events
7 Day Returns
-0.7%
OB:TRE
-2.2%
Europe Logistics
1.9%
NO Market
1 Year Returns
5.6%
OB:TRE
-7%
Europe Logistics
-8.5%
NO Market
TRE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Treasure (TRE) -0.7% -0.7% -0.4% 5.6% -26.5% -
Europe Logistics -2.2% 2% 2.7% -7% -0.3% 2.8%
NO Market 1.9% 7.4% 3.2% -8.5% 30.5% 17.1%
1 Year Return vs Industry and Market
  • TRE outperformed the Logistics industry which returned -7% over the past year.
  • TRE outperformed the Market in Norway which returned -8.5% over the past year.
Price Volatility
TRE
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Treasure's competitors could be found in our database.

Value

 Is Treasure 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 Treasure 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 Treasure.

OB:TRE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year NO Government Bond Rate 1.8%

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:TRE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 6%
Logistics Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.994 (1 + (1- 23%) (0%))
0.996
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.76% + (0.996 * 5.96%)
7.7%

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

The calculations below outline how an intrinsic value for Treasure 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:TRE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.7%)
2020 11.93 Est @ 3.41% 11.08
2021 12.28 Est @ 2.92% 10.58
2022 12.59 Est @ 2.57% 10.08
2023 12.88 Est @ 2.33% 9.58
2024 13.16 Est @ 2.16% 9.09
2025 13.43 Est @ 2.04% 8.61
2026 13.69 Est @ 1.95% 8.15
2027 13.95 Est @ 1.9% 7.71
2028 14.21 Est @ 1.86% 7.29
2029 14.47 Est @ 1.83% 6.89
Present value of next 10 years cash flows $89.00
OB:TRE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $14.47 × (1 + 1.76%) ÷ (7.7% – 1.76%)
$248.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $248.09 ÷ (1 + 7.7%)10
$118.20
OB:TRE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $89.00 + $118.20
$207.20
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $207.20 / 217.34
$0.95
OB:TRE Discount to Share Price
Calculation Result
Exchange Rate USD/NOK
(Reporting currency to currency of OB:TRE)
9.05
Value per Share
(NOK)
= Value per Share in USD x Exchange Rate (USD/NOK)
= $0.95 x 9.05
NOK8.63
Value per share (NOK) From above. NOK8.63
Current discount Discount to share price of NOK13.30
= -1 x (NOK13.30 - NOK8.63) / NOK8.63
-54.2%

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

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

The amount the stock market is willing to pay for Treasure's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Treasure's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:TRE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.78
OB:TRE Share Price ** OB (2019-09-20) in NOK NOK13.3
OB:TRE Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.111 $1.47
Europe Logistics Industry PE Ratio Median Figure of 23 Publicly-Listed Logistics Companies 14.89x
Norway Market PE Ratio Median Figure of 149 Publicly-Listed Companies 13.66x

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

** Primary Listing of Treasure.

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

= OB:TRE Share Price ÷ EPS (both in USD)

= 1.47 ÷ 0.78

1.88x

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

  • Treasure is good value based on earnings compared to the Europe Logistics industry average.
  • Treasure is good value based on earnings compared to the Norway market.
Price based on expected Growth
Does Treasure's expected growth come at a high price?
Raw Data
OB:TRE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Logistics Industry PEG Ratio Median Figure of 13 Publicly-Listed Logistics Companies 1.46x
Norway Market PEG Ratio Median Figure of 110 Publicly-Listed Companies 0.77x

*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 Treasure, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Treasure's assets?
Raw Data
OB:TRE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $2.91
OB:TRE Share Price * OB (2019-09-20) in NOK NOK13.3
OB:TRE Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.111 $1.47
Europe Logistics Industry PB Ratio Median Figure of 27 Publicly-Listed Logistics Companies 2.23x
Norway Market PB Ratio Median Figure of 240 Publicly-Listed Companies 1.12x
OB:TRE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:TRE Share Price ÷ Book Value per Share (both in USD)

= 1.47 ÷ 2.91

0.51x

* Primary Listing of Treasure.

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

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

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

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

Future Performance

 How is Treasure 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 Treasure 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
11.4%
Expected Logistics industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Treasure expected to grow at an attractive rate?
  • Unable to compare Treasure's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Treasure's earnings growth to the Norway market average as no estimate data is available.
  • Unable to compare Treasure's revenue growth to the Norway market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OB:TRE Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Logistics Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Europe Logistics Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
Norway Market Earnings Growth Rate Market Cap Weighted Average 14.6%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*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:TRE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:TRE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 14 12 171
2019-03-31 13 11 64
2018-12-31 13 11 -43
2018-09-30 13 11 -207
2018-06-30 13 11 -234
2018-03-31 7 16 -186
2017-12-31 12 11 -128
2016-12-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Treasure is high growth as no earnings estimate data is available.
  • Unable to determine if Treasure 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
OB:TRE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Treasure Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:TRE Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.78
2019-03-31 0.29
2018-12-31 -0.19
2018-09-30 -0.94
2018-06-30 -1.06
2018-03-31 -0.84
2017-12-31 -0.58
2016-12-31

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

Next steps:

  1. Examine whether Treasure is trading at Treasure'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. Treasure'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 Transportation companies here
  3. Treasure's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Treasure'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.
Treasure has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

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

Past Performance

  How has Treasure 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 Treasure's growth in the last year to its industry (Logistics).
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.
  • Insufficient data to establish if Treasure's year on year earnings growth rate was positive over the past 5 years.
  • Treasure has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Treasure has become profitable in the last year making it difficult to compare the Europe Logistics industry average.
Earnings and Revenue History
Treasure'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 Treasure Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:TRE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 13.64 171.30 0.29
2019-03-31 13.27 64.29 0.29
2018-12-31 12.90 -42.71 0.29
2018-09-30 12.95 -207.13 0.15
2018-06-30 12.96 -233.99
2018-03-31 6.73 -185.79
2017-12-31 12.24 -127.65
2016-12-31 0.34 -1.21 1.02

*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.
  • Treasure has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Treasure used its assets more efficiently than the Europe Logistics industry average last year based on Return on Assets.
  • Unable to establish if Treasure improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Treasure'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 Logistics 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.
Treasure 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.

Health

 How is Treasure'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 Treasure's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Treasure is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Treasure has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Treasure'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.
  • Treasure has no debt, it does not need to be covered by short term assets.
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 Treasure Company Filings, last reported 2 months ago.

OB:TRE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 633.68 0.00 4.45
2019-03-31 633.68 0.00 4.45
2018-12-31 524.86 0.00 2.13
2018-09-30 524.86 0.00 2.13
2018-06-30 473.21 0.00 4.32
2018-03-31 473.21 0.00 4.32
2017-12-31 577.81 0.00 2.13
2016-12-31 597.14 0.00 16.42
  • Treasure has no debt.
  • Treasure has not taken on any debt in the past 5 years.
  • Treasure has no debt, it does not need to be covered by operating cash flow.
  • Treasure has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Treasure'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. Treasure has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Treasure'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
2.24%
Current annual income from Treasure dividends.
If you bought NOK2,000 of Treasure shares you are expected to receive NOK45 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?
  • Treasure's pays a lower dividend yield than the bottom 25% of dividend payers in Norway (2.51%).
  • Treasure's dividend is below the markets top 25% of dividend payers in Norway (6.4%).
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:TRE 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 Logistics Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 3.7%
Norway Market Average Dividend Yield Market Cap Weighted Average of 115 Stocks 4.4%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.4%

Industry and Market average data is calculated daily.

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

OB:TRE Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-13 0.033 2.268
2018-03-22 0.034 2.308
2017-04-06 0.035 1.967

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

  • Whilst dividend payments have been stable, Treasure has been paying a dividend for less than 10 years.
  • Treasure has only been paying a dividend for 2 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Treasure's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (22.6x 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 Treasure'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 Treasure afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Treasure 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.

Management

 What is the CEO of Treasure'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
Magnus Sande
CEO Bio

Mr. Magnus Sande serves as the Chief Executive Officer of Treasure ASA.

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

Magnus Sande

TITLE
Chief Executive Officer

Morten Lertrø

TITLE
Chief financial officer
Board of Directors

Tom Wilhelmsen

TITLE
Chairman of the Board
AGE
45

Marianne Lie

TITLE
Director
AGE
57

Christian Berg

TITLE
Director
AGE
50

Benedicte Agerup

TITLE
Director
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 Treasure'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. Treasure has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

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

News

Simply Wall St News

Some Treasure (OB:TRE) Shareholders Are Down 12%

Unfortunately, that's been the case for longer term Treasure ASA (OB:TRE) shareholders, since the share price is down 12% in the last three years, falling well short of the market return of around 43%. … Check out our latest analysis for Treasure Treasure isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … It is important to consider the total shareholder return, as well as the share price return, for any given stock.

Simply Wall St -

Should Treasure ASA (OB:TRE) Be Part Of Your Dividend Portfolio?

Today we'll take a closer look at Treasure ASA (OB:TRE) from a dividend investor's perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. If you are hoping to live on the income from dividends, it's important to be a lot more stringent with your investments than the average punter. With only a two-year payment history, and a 2.3% yield, investors probably think Treasure is not much of a dividend stock. While it may not look like much, if earnings are growing it could become quite interesting. The company also bought back stock during the year, equivalent to approximately 0.7% of the company's market capitalisation at the time. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … OB:TRE Historical Dividend Yield, June 19th 2019 Payout ratios Dividends are usually paid out of company earnings. … Conclusion When we look at a dividend stock, we need to form a judgement on whether the dividend will grow, if the company is able to maintain it in a wide range of economic circumstances, and if the dividend payout is sustainable.

Simply Wall St -

How Does Treasure ASA (OB:TRE) Affect Your Portfolio Volatility?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What You Must Know About Treasure ASA's (OB:TRE) Major Investors

In this analysis, my focus will be on developing a perspective on Treasure ASA’s (OB:TRE) latest ownership structure, a less discussed, but important factor. … See our latest analysis for Treasure OB:TRE Ownership_summary Mar 13th 18 Institutional Ownership Institutions account for 20.12% of TRE's outstanding shares, a significant enough holding to move stock prices if they start buying and selling in large quantities, especially when there are relatively small amounts of shares available on the market to trade. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: TRE's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Company Info

Description

Treasure ASA, through its 12.04% interest in Hyundai Glovis Co. Ltd., provides transportation and logistics services in South Korea. The company was incorporated in 2016 and is based in Lysaker, Norway. Treasure ASA is a subsidiary of Wilh. Wilhelmsen Holding ASA.

Details
Name: Treasure ASA
TRE
Exchange: OB
Founded: 2016
NOK2,890,555,500
217,335,000
Website: http://www.treasureasa.com
Address: Treasure ASA
PO Box 33,
Lysaker,
Akershus, 1324,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB TRE Ordinary Shares Oslo Bors NO NOK 08. Jun 2016
DB T1A Ordinary Shares Deutsche Boerse AG DE EUR 08. Jun 2016
LSE 0RIV Ordinary Shares London Stock Exchange GB NOK 08. Jun 2016
Number of employees
Current staff
Staff numbers
0
Treasure employees.
Industry
Air Freight and Logistics
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/21 21:46
End of day share price update: 2019/09/20 00:00
Last earnings filing: 2019/08/20
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.