Real-time Estimate
Cboe Europe
13:58:51 27/06/2024 BST
|
5-day change
|
1st Jan Change
|
551.8
DKK
|
-1.74%
|
|
-4.33%
|
+14.15%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
18,216
|
16,914
|
22,868
|
28,996
|
31,105
|
35,821
|
-
|
-
|
Enterprise Value (EV)
1 |
18,216
|
16,914
|
22,868
|
28,996
|
31,105
|
35,821
|
35,821
|
35,821
|
P/E ratio
|
8.38
x
|
11.8
x
|
7.95
x
|
8.15
x
|
5.42
x
|
7.2
x
|
7.06
x
|
6.72
x
|
Yield
|
-
|
-
|
-
|
-
|
1.61%
|
4.19%
|
3.19%
|
4.35%
|
Capitalization / Revenue
|
2.26
x
|
2.12
x
|
2.64
x
|
3.18
x
|
2.17
x
|
2.64
x
|
2.72
x
|
2.72
x
|
EV / Revenue
|
2.26
x
|
2.12
x
|
2.64
x
|
3.18
x
|
2.17
x
|
2.64
x
|
2.72
x
|
2.72
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.56
x
|
0.51
x
|
0.65
x
|
0.78
x
|
0.73
x
|
0.78
x
|
0.71
x
|
0.66
x
|
Nbr of stocks (in thousands)
|
74,934
|
72,561
|
67,859
|
64,250
|
64,266
|
63,796
|
-
|
-
|
Reference price
2 |
243.1
|
233.1
|
337.0
|
451.3
|
484.0
|
561.5
|
561.5
|
561.5
|
Announcement Date
|
25/02/20
|
23/02/21
|
22/02/22
|
19/01/23
|
27/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
8,060
|
7,982
|
8,652
|
9,106
|
14,356
|
13,565
|
13,166
|
13,191
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
3,031
|
3,134
|
3,748
|
4,227
|
8,253
|
7,132
|
6,783
|
6,530
|
Operating Margin
|
37.61%
|
39.26%
|
43.32%
|
46.42%
|
57.49%
|
52.58%
|
51.52%
|
49.5%
|
Earnings before Tax (EBT)
1 |
3,079
|
2,110
|
4,027
|
4,557
|
7,888
|
6,892
|
6,441
|
6,398
|
Net income
1 |
2,440
|
1,609
|
3,176
|
3,752
|
5,741
|
4,769
|
4,558
|
4,480
|
Net margin
|
30.27%
|
20.16%
|
36.71%
|
41.2%
|
39.99%
|
35.16%
|
34.62%
|
33.96%
|
EPS
2 |
29.00
|
19.80
|
42.40
|
55.35
|
89.34
|
78.00
|
79.48
|
83.52
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
7.780
|
23.52
|
17.93
|
24.42
|
Announcement Date
|
25/02/20
|
23/02/21
|
22/02/22
|
19/01/23
|
27/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
2,227
|
2,189
|
2,008
|
1,828
|
3,081
|
3,310
|
3,263
|
3,671
|
4,112
|
3,430
|
3,347
|
3,339
|
3,434
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
839
|
1,029
|
824
|
622
|
1,752
|
1,830
|
1,769
|
2,147
|
2,507
|
1,873
|
1,796
|
1,744
|
1,741
|
-
|
-
|
Operating Margin
|
37.67%
|
47.01%
|
41.04%
|
34.03%
|
56.86%
|
55.29%
|
54.21%
|
58.49%
|
60.97%
|
54.61%
|
53.66%
|
52.23%
|
50.7%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
963
|
1,088
|
1,018
|
636
|
1,815
|
1,727
|
1,608
|
2,166
|
2,387
|
1,738
|
1,743
|
1,678
|
1,674
|
-
|
-
|
Net income
1 |
785
|
851
|
840
|
503
|
1,558
|
1,289
|
1,199
|
1,577
|
1,676
|
1,286
|
1,229
|
1,164
|
1,143
|
-
|
-
|
Net margin
|
35.25%
|
38.88%
|
41.83%
|
27.52%
|
50.57%
|
38.94%
|
36.75%
|
42.96%
|
40.76%
|
37.49%
|
36.73%
|
34.85%
|
33.29%
|
-
|
-
|
EPS
2 |
10.86
|
12.10
|
12.42
|
7.300
|
23.48
|
19.50
|
18.00
|
24.56
|
27.28
|
19.05
|
19.40
|
18.29
|
18.10
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
7.780
|
-
|
-
|
-
|
21.72
|
-
|
-
|
Announcement Date
|
22/02/22
|
03/05/22
|
16/08/22
|
01/11/22
|
19/01/23
|
18/04/23
|
15/08/23
|
31/10/23
|
27/02/24
|
07/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
7.1%
|
4.4%
|
8.8%
|
10%
|
14.4%
|
11.1%
|
9.79%
|
9.27%
|
ROA (Net income/ Total Assets)
|
0.39%
|
0.24%
|
0.48%
|
0.54%
|
0.75%
|
-
|
-
|
-
|
Assets
1 |
624,840
|
661,323
|
659,879
|
698,566
|
764,855
|
-
|
-
|
-
|
Book Value Per Share
2 |
434.0
|
459.0
|
515.0
|
581.0
|
663.0
|
723.0
|
788.0
|
855.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
25/02/20
|
23/02/21
|
22/02/22
|
19/01/23
|
27/02/24
|
-
|
-
|
-
|
Last Close Price
561.5
DKK Average target price
625
DKK Spread / Average Target +11.31% Consensus |
1st Jan change
|
Capi.
|
---|
| +14.15% | 5.13B | | +16.07% | 567B | | +15.83% | 305B | | +19.63% | 260B | | +23.01% | 188B | | +27.52% | 173B | | +9.06% | 159B | | -0.77% | 155B | | +7.99% | 149B | | +12.88% | 141B |
Other Banks
|