Market Closed -
Nasdaq Copenhagen
10:59:44 2024-06-04 am EDT
|
5-day change
|
1st Jan Change
|
312.8
DKK
|
+1.30%
|
|
+1.56%
|
+38.65%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
15,565
|
30,565
|
34,640
|
14,458
|
11,182
|
15,299
|
-
|
-
|
Enterprise Value (EV)
1 |
16,495
|
31,024
|
36,778
|
16,307
|
12,468
|
16,800
|
16,561
|
16,239
|
P/E ratio
|
40.2
x
|
95.3
x
|
60.7
x
|
24.2
x
|
37
x
|
28.6
x
|
21.6
x
|
20.3
x
|
Yield
|
-
|
0.16%
|
0.14%
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
6.34
x
|
10.8
x
|
9.56
x
|
2.61
x
|
1.84
x
|
2.31
x
|
2.08
x
|
1.89
x
|
EV / Revenue
|
6.72
x
|
10.9
x
|
10.2
x
|
2.94
x
|
2.05
x
|
2.53
x
|
2.25
x
|
2.01
x
|
EV / EBITDA
|
24.5
x
|
38.3
x
|
41.7
x
|
14.7
x
|
13.8
x
|
14.9
x
|
12.3
x
|
10.6
x
|
EV / FCF
|
37.9
x
|
55.7
x
|
90.1
x
|
27.1
x
|
22.4
x
|
26
x
|
19.3
x
|
16
x
|
FCF Yield
|
2.64%
|
1.8%
|
1.11%
|
3.7%
|
4.47%
|
3.85%
|
5.19%
|
6.24%
|
Price to Book
|
7.51
x
|
12.6
x
|
11.4
x
|
4.17
x
|
2.95
x
|
3.82
x
|
3.5
x
|
3.04
x
|
Nbr of stocks (in thousands)
|
49,100
|
49,100
|
49,170
|
49,143
|
49,567
|
48,910
|
-
|
-
|
Reference price
2 |
317.0
|
622.5
|
704.5
|
294.2
|
225.6
|
312.8
|
312.8
|
312.8
|
Announcement Date
|
2/6/20
|
1/28/21
|
1/25/22
|
1/25/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,454
|
2,839
|
3,623
|
5,545
|
6,078
|
6,635
|
7,372
|
8,079
|
EBITDA
1 |
673.6
|
809.4
|
881.1
|
1,106
|
901.2
|
1,131
|
1,348
|
1,528
|
EBIT
1 |
515.7
|
644.9
|
703.8
|
839.4
|
578.5
|
788.8
|
1,005
|
1,165
|
Operating Margin
|
21.02%
|
22.72%
|
19.43%
|
15.14%
|
9.52%
|
11.89%
|
13.63%
|
14.42%
|
Earnings before Tax (EBT)
1 |
497.3
|
451.7
|
727.6
|
756.5
|
432.3
|
655.7
|
876.2
|
951
|
Net income
1 |
388.5
|
321.9
|
574.3
|
603.4
|
303.5
|
555.2
|
689.4
|
773.1
|
Net margin
|
15.83%
|
11.34%
|
15.85%
|
10.88%
|
4.99%
|
8.37%
|
9.35%
|
9.57%
|
EPS
2 |
7.890
|
6.530
|
11.60
|
12.15
|
6.090
|
10.92
|
14.46
|
15.37
|
Free Cash Flow
1 |
435.8
|
557
|
408
|
602.7
|
556.7
|
646.5
|
860
|
1,012
|
FCF margin
|
17.76%
|
19.62%
|
11.26%
|
10.87%
|
9.16%
|
9.74%
|
11.67%
|
12.53%
|
FCF Conversion (EBITDA)
|
64.69%
|
68.82%
|
46.31%
|
54.48%
|
61.77%
|
57.17%
|
63.78%
|
66.24%
|
FCF Conversion (Net income)
|
112.16%
|
173.03%
|
71.04%
|
99.89%
|
183.43%
|
116.45%
|
124.74%
|
130.97%
|
Dividend per Share
2 |
-
|
1.018
|
1.000
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/6/20
|
1/28/21
|
1/25/22
|
1/25/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
1,371
|
1,152
|
1,372
|
1,306
|
1,348
|
1,519
|
1,540
|
1,494
|
-
|
1,462
|
1,583
|
1,598
|
1,635
|
1,629
|
1,777
|
EBITDA
1 |
-
|
238.4
|
259.4
|
188.7
|
308.9
|
348.9
|
242.1
|
195.1
|
-
|
219.9
|
244.1
|
247.1
|
260.5
|
265.7
|
330.9
|
EBIT
|
274.8
|
178.1
|
194.6
|
123.2
|
240.1
|
281.6
|
163.3
|
110.3
|
-
|
138.5
|
166.4
|
170.3
|
-
|
-
|
-
|
Operating Margin
|
20.04%
|
15.46%
|
14.19%
|
9.43%
|
17.81%
|
18.53%
|
10.6%
|
7.38%
|
-
|
9.48%
|
10.51%
|
10.66%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
188.7
|
178.2
|
-
|
221.4
|
256.4
|
131
|
73.8
|
-
|
100.6
|
126.9
|
131.4
|
-
|
-
|
-
|
Net income
|
-
|
153.8
|
133.4
|
84.65
|
169.7
|
215.6
|
103.3
|
55.2
|
158
|
80
|
65.2
|
92.5
|
-
|
-
|
-
|
Net margin
|
-
|
13.35%
|
9.73%
|
6.48%
|
12.59%
|
14.19%
|
6.71%
|
3.7%
|
-
|
5.47%
|
4.12%
|
5.79%
|
-
|
-
|
-
|
EPS
|
-
|
3.130
|
2.680
|
1.700
|
3.420
|
4.340
|
2.090
|
1.100
|
3.180
|
1.600
|
1.310
|
1.870
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/20/20
|
1/25/22
|
5/5/22
|
8/11/22
|
11/3/22
|
1/25/23
|
5/4/23
|
8/16/23
|
8/16/23
|
11/2/23
|
1/25/24
|
5/3/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
930
|
459
|
2,138
|
1,850
|
1,286
|
1,501
|
1,262
|
940
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.381
x
|
0.567
x
|
2.427
x
|
1.672
x
|
1.427
x
|
1.327
x
|
0.9357
x
|
0.6148
x
|
Free Cash Flow
1 |
436
|
557
|
408
|
603
|
557
|
647
|
860
|
1,013
|
ROE (net income / shareholders' equity)
|
20%
|
14.3%
|
21%
|
18.4%
|
8.3%
|
14.1%
|
17.3%
|
18.3%
|
ROA (Net income/ Total Assets)
|
10.8%
|
8.29%
|
10.3%
|
8.49%
|
3.95%
|
5.62%
|
6.74%
|
7.06%
|
Assets
1 |
3,607
|
3,883
|
5,580
|
7,107
|
7,677
|
9,874
|
10,223
|
10,948
|
Book Value Per Share
2 |
42.20
|
49.50
|
61.90
|
70.50
|
76.60
|
81.90
|
89.30
|
103.0
|
Cash Flow per Share
2 |
9.350
|
11.80
|
9.370
|
15.60
|
15.20
|
17.90
|
20.20
|
23.20
|
Capex
1 |
24.6
|
23.9
|
57.6
|
52.2
|
98.5
|
132
|
148
|
185
|
Capex / Sales
|
1%
|
0.84%
|
1.59%
|
0.94%
|
1.62%
|
1.99%
|
2.01%
|
2.29%
|
Announcement Date
|
2/6/20
|
1/28/21
|
1/25/22
|
1/25/23
|
1/25/24
|
-
|
-
|
-
|
Last Close Price
312.8
DKK Average target price
301.3
DKK Spread / Average Target -3.67% Consensus |
1st Jan change
|
Capi.
|
---|
| +38.65% | 2.2B | | -17.91% | 177B | | -2.07% | 161B | | +1.38% | 152B | | +5.38% | 99.88B | | +12.12% | 81.66B | | +19.62% | 74.66B | | -9.67% | 70.05B | | -31.16% | 45.84B | | -11.09% | 42.83B |
Other IT Services & Consulting
|