SkiStar（3AJ）株式概要SkiStar AB（publish）は、スウェーデンとノルウェーでアルペンスキーリゾートを所有・運営している。 詳細3AJ ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績4/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より35.8%で取引されている 収益は年間11.65%増加すると予測されています 過去5年間の収益は年間8.7%増加しました。 リスク分析不安定な配当実績 すべてのリスクチェックを見る3AJ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€14.3613.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture06b2016201920222025202620282031Revenue SEK 6.0bEarnings SEK 717.0mAdvancedSet Fair ValueView all narrativesSkiStar AB (publ) 競合他社Nebelhornbahn-AktiengesellschaftSymbol: MUN:NHB0Market cap: €24.6mZEAL NetworkSymbol: XTRA:TIMAMarket cap: €903.1mRegenbogenSymbol: DB:RGBMarket cap: €14.1mTUISymbol: XTRA:TUI1Market cap: €3.7b価格と性能株価の高値、安値、推移の概要SkiStar過去の株価現在の株価SEK 14.3652週高値SEK 16.4852週安値SEK 13.15ベータ0.771ヶ月の変化5.28%3ヶ月変化-0.28%1年変化5.59%3年間の変化51.32%5年間の変化0.28%IPOからの変化30.62%最新ニュースお知らせ • Jun 18+ 3 more updatesSkiStar AB (publ) to Report Nine Months, 2027 Results on Jun 17, 2027SkiStar AB (publ) announced that they will report nine months, 2027 results on Jun 17, 2027お知らせ • Dec 13SkiStar AB (publ) Approves DividendSkiStar AB (publ) at its Annual General Meeting held on 13 December 2025, approved a dividend of SEK 3.00 per share. Record day 16 December 2025.お知らせ • Oct 02Skistar AB (Publ) Proposes DividendSkiStar AB (publ) proposed a dividend of SEK 3.00 (SEK 2.80) per share, totaling SEK 235 (SEK 219) million. The dividend represents 43% (46%) of the Group’s profit after tax.お知らせ • Oct 01SkiStar AB (publ), Annual General Meeting, Dec 13, 2025SkiStar AB (publ), Annual General Meeting, Dec 13, 2025, at 02:00 W. Europe Standard Time. Location: salen Swedenお知らせ • Jun 19+ 3 more updatesSkiStar AB (publ) to Report Fiscal Year 2026 Results on Sep 30, 2026SkiStar AB (publ) announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Sep 30, 2026お知らせ • Jan 31Skistar AB (Publ) Announces CFO ChangesSkiStar AB (publ) announced that Sara Jinnerot Uggelberg had been appointed as SkiStar’s new CFO on 18 December 2024 and that she would assume the role on 31 March 2025 at the latest. She will assume the role on 1 February 2025. In connection to this the present CFO, Martin Almgren, will resign his role. Sara Jinnerot Uggelberg will be part of SkiStar's Group Management as of said date.最新情報をもっと見るRecent updatesお知らせ • Jun 18+ 3 more updatesSkiStar AB (publ) to Report Nine Months, 2027 Results on Jun 17, 2027SkiStar AB (publ) announced that they will report nine months, 2027 results on Jun 17, 2027お知らせ • Dec 13SkiStar AB (publ) Approves DividendSkiStar AB (publ) at its Annual General Meeting held on 13 December 2025, approved a dividend of SEK 3.00 per share. Record day 16 December 2025.お知らせ • Oct 02Skistar AB (Publ) Proposes DividendSkiStar AB (publ) proposed a dividend of SEK 3.00 (SEK 2.80) per share, totaling SEK 235 (SEK 219) million. The dividend represents 43% (46%) of the Group’s profit after tax.お知らせ • Oct 01SkiStar AB (publ), Annual General Meeting, Dec 13, 2025SkiStar AB (publ), Annual General Meeting, Dec 13, 2025, at 02:00 W. Europe Standard Time. Location: salen Swedenお知らせ • Jun 19+ 3 more updatesSkiStar AB (publ) to Report Fiscal Year 2026 Results on Sep 30, 2026SkiStar AB (publ) announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Sep 30, 2026お知らせ • Jan 31Skistar AB (Publ) Announces CFO ChangesSkiStar AB (publ) announced that Sara Jinnerot Uggelberg had been appointed as SkiStar’s new CFO on 18 December 2024 and that she would assume the role on 31 March 2025 at the latest. She will assume the role on 1 February 2025. In connection to this the present CFO, Martin Almgren, will resign his role. Sara Jinnerot Uggelberg will be part of SkiStar's Group Management as of said date.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Board Member Carina Akerstrom was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 18SkiStar AB (publ) Announces Changes to CFOSkiStar AB (publ) appoints Sara Jinnerot Uggelberg as new CFO. Sara Jinnerot Uggelberg will be employed by SkiStar as of 7 January 2025 and she will assume the role of CFO no later than 31 March 2025 in connection with the resignation of the outgoing CFO, Martin Almgren. Sara Jinnerot Uggelberg will be part of SkiStar's Group Management as of the date of her appointment as CFO. Sara Jinnerot Uggelberg most recently comes from the role of senior advisor for Avonova, where she worked as CEO and CFO during the years 2020–2023. During the years 2016–2020 she was CFO at Aleris and prior to that she has held various leadership roles within accounting and controlling at SAS. Sara Jinnerot Uggelberg was born in 1972 and holds a Master of Science in Economics.お知らせ • Dec 15+ 1 more updateSkistar AB (Publ) Approves DividendSkiStar AB (publ) at its annual general meeting held on 14 December 2024, approved a dividend of SEK 2.80 per share was adopted. Record day 17 December 2024.お知らせ • Nov 07Vegard Søraunet Refrains from Being Re-Elected as Board Member of Skistar AB (Publ)SkiStar AB (publ) announced that at the AGM to be held on December 14, 2024, Board Member Vegard Søraunet has informed the Nomination Committee that he refrains from being re-elected.Declared Dividend • Oct 06Dividend of kr2.80 announcedShareholders will receive a dividend of kr2.80. Ex-date: 16th December 2024 Payment date: 20th December 2024 Dividend yield will be 20%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 04Skistar AB (Publ) Announces Leaving of Martin Almgren as CFOSkiStar AB (publ)'s CFO Martin Almgren has announced that he will terminate his employment with SkiStar for new assignments outside the company. Martin, who has been SkiStar's CFO since May 2023, will continue in his position as CFO until a successor takes office, or until April 2025 at the latest. SkiStar will immediately start the recruitment process of a replacement.Reported Earnings • Oct 03Full year 2024 earnings released: EPS: kr6.04 (vs kr5.28 in FY 2023)Full year 2024 results: EPS: kr6.04 (up from kr5.28 in FY 2023). Revenue: kr4.69b (up 9.1% from FY 2023). Net income: kr473.3m (up 14% from FY 2023). Profit margin: 10% (in line with FY 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Oct 02+ 1 more updateSkiStar AB (publ) Proposes DividendThe Board of SkiStar AB (publ) proposed a dividend of SEK 2.80 (SEK 2.60) per share, totaling SEK 219 (SEK 204) million.Buy Or Sell Opportunity • Aug 28Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to €13.94. The fair value is estimated to be €17.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 7.6% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.Reported Earnings • Jun 21Third quarter 2024 earnings released: EPS: kr4.00 (vs kr3.43 in 3Q 2023)Third quarter 2024 results: EPS: kr4.00 (up from kr3.43 in 3Q 2023). Revenue: kr1.49b (up 5.8% from 3Q 2023). Net income: kr313.1m (up 17% from 3Q 2023). Profit margin: 21% (up from 19% in 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • May 28Now 20% undervaluedOver the last 90 days, the stock has risen 18% to €13.70. The fair value is estimated to be €17.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.お知らせ • Apr 26Skistar AB (Publ) Announces Board ChangesThe board member of SkiStar AB (publ) Vegard Søraunet has informed SkiStar's nomination committee that he declines re-election at SkiStar's annual general meeting, which is intended to be held in December 2024. This is due to a change of ownership in Nordic Ski & Mountains AB, which is a major shareholder in SkiStar. Søraunet, who represents Aeternum Capital, which continues to be a minority owner of Nordic Ski & Mountains AB, has been a member of SkiStar's board since the annual general meeting in 2021. SkiStar's nomination committee will work to propose a replacement in the regular nomination process before SkiStar's annual general meeting in December. In accordance with the nomination committee's instructions, the nomination committee for SkiStar's annual general meeting 2024 consists of members appointed by SkiStar's four largest shareholders (shareholder groups) as of 31 March 2024. The nomination committee has the following composition: Per Gullstrand, appointed by Ekhaga Utveckling AB. Peder Strand, appointed by Nordic Ski & Mountains AB. Niklas Johansson, appointed by Handelsbanken Fonder. Sara Karlsson, appointed by the Erik Paulsson family incl. company. The nomination committee has appointed Per Gullstrand as its chairman.お知らせ • Mar 21+ 3 more updatesSkiStar AB (publ) to Report Q2, 2025 Results on Mar 19, 2025SkiStar AB (publ) announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Mar 19, 2025Reported Earnings • Mar 21Second quarter 2024 earnings released: EPS: kr10.43 (vs kr9.32 in 2Q 2023)Second quarter 2024 results: EPS: kr10.43 (up from kr9.32 in 2Q 2023). Revenue: kr2.54b (up 7.2% from 2Q 2023). Net income: kr817.1m (up 12% from 2Q 2023). Profit margin: 32% (up from 31% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 08Additional Employee Representative Appointed to SkiStar's Board of DirectorsEric Wikman has been appointed as employee representative of Unionen in the Board of Directors of SkiStar AB, effective from 7 February 2024. Following this, SkiStar's Board of Directors includes – in addition to the seven members appointed by the general meeting of shareholders – two employee representatives appointed by Unionen respectively Hotell- och Restaurangfacket.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Board Member Carina Akerstrom was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 30Skistar AB (Publ) Announces Resignation of Tobias Englund, Employee Representative of Board of DirectorsTobias Englund, employee representative in SkiStar AB’s board of directors, resigns from his appointment as employee representative as of this date, 29 December 2023. Unionen, which appointed Tobias Englund, has not yet appointed a replacement. The board now has an employee representative, appointed by HRF.お知らせ • Dec 11+ 1 more updateSkiStar AB (publ) Approves DividendSkiStar AB (publ) announced that at its annual general meeting, held in Sälen on 9 December 2023, the following decision was made: A dividend of SEK 2.60 per share was adopted. Record day 12 December 2023.Reported Earnings • Nov 19Full year 2023 earnings released: EPS: kr5.13 (vs kr8.50 in FY 2022)Full year 2023 results: EPS: kr5.13 (down from kr8.50 in FY 2022). Revenue: kr4.28b (up 4.6% from FY 2022). Net income: kr402.4m (down 40% from FY 2022). Profit margin: 9.4% (down from 16% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 17SkiStar AB (publ) to Report Fiscal Year 2023 Results on Nov 15, 2023SkiStar AB (publ) announced that they will report fiscal year 2023 results on Nov 15, 2023お知らせ • Nov 02SkiStar AB (publ) Announces Sara Karlsson Not to Stand for Re-ElectionSkiStar AB (publ) announced that Board Member Sara Karlsson has informed the Nomination Committee that she refrains from being re-elected at its Annual General Meeting to be held on December 9, 2023.お知らせ • Oct 10SkiStar AB (publ), Annual General Meeting, Dec 09, 2023SkiStar AB (publ), Annual General Meeting, Dec 09, 2023.Reported Earnings • Oct 05Full year 2023 earnings released: EPS: kr5.13 (vs kr8.50 in FY 2022)Full year 2023 results: EPS: kr5.13 (down from kr8.50 in FY 2022). Revenue: kr4.30b (up 4.4% from FY 2022). Net income: kr402.4m (down 40% from FY 2022). Profit margin: 9.3% (down from 16% in FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Oct 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin).New Risk • Jun 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 19x cash flows per share). Profit margins are more than 30% lower than last year (9.5% net profit margin).Reported Earnings • Jun 21Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr1.41b (down 8.3% from 3Q 2022). Net income: kr268.7m (down 39% from 3Q 2022). Profit margin: 19% (down from 28% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • May 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Sven Svensson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 10Aeternum Capital AS acquired an unknown minority stake in SkiStar AB (publ).Aeternum Capital AS acquired an unknown minority stake in SkiStar AB (publ) on May 8, 2023.Aeternum Capital AS completed the acquisition of an unknown minority stake in SkiStar AB (publ) on May 8, 2023.Reported Earnings • Mar 22Second quarter 2023 earnings released: EPS: kr9.32 (vs kr9.62 in 2Q 2022)Second quarter 2023 results: EPS: kr9.32 (down from kr9.62 in 2Q 2022). Revenue: kr2.37b (up 7.8% from 2Q 2022). Net income: kr730.6m (down 3.1% from 2Q 2022). Profit margin: 31% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 15SkiStar AB (publ) Appoints Martin Almgren as CFO, Effective 23 May 2023SkiStar AB (publ) appointed Martin Almgren as CFO, effective from 23 May 2023. Martin Almgren will be a member of the group management from said date. Martin Almgren most recently served as business area manager within Medtech at AddLife AB. Previously, he had the position as CFO at AddLife AB, during the years 2015-2021. He also has experience from work as group controller at Addtech AB, from various controller positions within Nefab as well as from work as an auditor. He was born in 1976 and holds a Master of Business Administration.お知らせ • Feb 13SkiStar AB (publ) Appoints Tobias Englund to Board of DirectorsSkiStar AB (publ) announced that Tobias Englund has been appointed as Unionen’s employee representative in the Board of Directors of SkiStar AB, effective from 9 May 2023. Following this decision, SkiStar's Board of Directors thereafter includes – in addition to the seven members appointed by the general meeting of shareholders – two employee representatives, appointed by Unionen respectively Hotell- och Restaurangfacket.Recent Insider Transactions • Jan 05Director recently bought €251k worth of stockOn the 30th of December, Vegard Soraunet bought around 25k shares on-market at roughly €10.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €635k more in shares than they have sold in the last 12 months.お知らせ • Dec 12SkiStar AB (publ) Approves DividendSkiStar AB (publ) announced at annual general meeting held on December 10, 2022, approved dividend of SEK 3.00 per share was adopted. Record day is 13 December 2022.お知らせ • Dec 09Anders Örnulf Is Leaving as CFO for SkiStar AB (publ)SkiStar AB (publ)’s CFO Anders Örnulf has announced that he will terminate his employment with SkiStar for a new assignment for another company. Anders, who has been SkiStar’s CFO since 2018, will continue in his position as CFO until a successor takes office, or until June 2023 at the latest. SkiStar will immediately start the recruitment process of a replacement.Upcoming Dividend • Dec 05Upcoming dividend of kr3.00 per shareEligible shareholders must have bought the stock before 12 December 2022. Payment date: 16 December 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.1%).Reported Earnings • Nov 22Full year 2022 earnings released: EPS: kr8.50 (vs kr3.04 in FY 2021)Full year 2022 results: EPS: kr8.50 (up from kr3.04 in FY 2021). Revenue: kr4.12b (up 47% from FY 2021). Net income: kr666.5m (up 180% from FY 2021). Profit margin: 16% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 05Full year 2022 earnings released: EPS: kr8.50 (vs kr3.04 in FY 2021)Full year 2022 results: EPS: kr8.50 (up from kr3.04 in FY 2021). Revenue: kr4.12b (up 50% from FY 2021). Net income: kr666.5m (up 180% from FY 2021). Profit margin: 16% (up from 8.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Oct 05SkiStar AB (publ) to Report Fiscal Year 2022 Final Results between Nov 14, 2022 and Nov 18, 2022SkiStar AB (publ) announced that they will report fiscal year 2022 final results on between Nov 14, 2022 and Nov 18, 2022Reported Earnings • Jun 18Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr1.54b (up 50% from 3Q 2021). Net income: kr438.9m (up kr392.1m from 3Q 2021). Profit margin: 28% (up from 4.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.7%, compared to a 32% growth forecast for the industry in Germany.お知らせ • Jun 18SkiStar AB (publ), Annual General Meeting, Dec 10, 2022SkiStar AB (publ), Annual General Meeting, Dec 10, 2022.Reported Earnings • Mar 19Second quarter 2022 earnings: Revenues exceed analyst expectationsSecond quarter 2022 results: Revenue: kr2.20b (up 65% from 2Q 2021). Net income: kr754.3m (up 105% from 2Q 2021). Profit margin: 34% (up from 28% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 15%, compared to a 109% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to €13.77, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Hospitality industry in Europe. Total returns to shareholders of 40% over the past three years.Reported Earnings • Dec 22First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: kr3.97 loss per share (down from kr3.12 loss in 1Q 2021). Revenue: kr154.9m (flat on 1Q 2021). Net loss: kr311.0m (loss widened 27% from 1Q 2021). Revenue missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 39%, compared to a 24% growth forecast for the industry in Germany.Upcoming Dividend • Dec 06Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 13 December 2021. Payment date: 17 December 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (2.3%).Reported Earnings • Nov 20Full year 2021 earnings released: EPS kr3.04 (vs kr3.71 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: kr2.75b (down 1.6% from FY 2020). Net income: kr238.1m (down 18% from FY 2020). Profit margin: 8.7% (down from 10% in FY 2020).Reported Earnings • Oct 04Full year 2021 earnings released: EPS kr3.04 (vs kr3.71 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: kr2.75b (up 17% from FY 2020). Net income: kr238.1m (down 18% from FY 2020). Profit margin: 8.7% (down from 12% in FY 2020).Recent Insider Transactions • Jun 22Operational Director recently bought €198k worth of stockOn the 17th of June, Niclas Berg bought around 14k shares on-market at roughly €14.15 per share. This was the largest purchase by an insider in the last 3 months. This was Niclas' only on-market trade for the last 12 months.Reported Earnings • Jun 18Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr1.02b (up 111% from 3Q 2020). Net income: kr46.8m (up kr52.4m from 3Q 2020). Profit margin: 4.6% (up from net loss in 3Q 2020).Reported Earnings • Mar 21Second quarter 2021 earnings released: EPS kr4.70 (vs kr8.04 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr1.33b (down 31% from 2Q 2020). Net income: kr368.2m (down 42% from 2Q 2020). Profit margin: 28% (down from 33% in 2Q 2020).Is New 90 Day High Low • Feb 24New 90-day high: €12.44The company is up 33% from its price of €9.34 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period.Is New 90 Day High Low • Feb 08New 90-day high: €12.42The company is up 19% from its price of €10.40 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 9.0% over the same period.Is New 90 Day High Low • Jan 20New 90-day high: €11.52The company is up 4.0% from its price of €11.08 on 22 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 3.0% over the same period.Analyst Estimate Surprise Post Earnings • Dec 19Revenue beats expectationsRevenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 22%, compared to a 27% growth forecast for the Hospitality industry in Germany.Reported Earnings • Dec 17First quarter 2021 earnings released: kr3.12 loss per shareThe company reported a solid first quarter result with improved revenues and control over expenses, though losses increased. First quarter 2021 results: Revenue: kr156.1m (up 29% from 1Q 2020). Net loss: kr244.7m (loss widened 3.1% from 1Q 2020).Analyst Estimate Surprise Post Earnings • Dec 17Revenue beats expectationsRevenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 22%, compared to a 27% growth forecast for the Hospitality industry in Germany.Is New 90 Day High Low • Nov 20New 90-day low: €8.86The company is down 12% from its price of €10.02 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 23% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: €9.41The company is down 4.0% from its price of €9.83 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Hospitality industry, which is up 1.0% over the same period.Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 16% share price decline to kr9.41, the stock is trading at a trailing P/E ratio of 26.9x, down from the previous P/E ratio of 32x. This compares to an average P/E of 20x in the Hospitality industry in Germany. Total return to shareholders over the past year is a loss of 10%.Reported Earnings • Oct 04Full year earnings released - EPS €3.71Over the last 12 months the company has reported total profits of kr291.0m, down 37% from the prior year. Total revenue was kr2.36b over the last 12 months, down 12% from the prior year. Profit margins were 12%, which is lower than the 17% margin from last year. The decrease in margin was driven by lower revenue.お知らせ • Oct 03+ 1 more updateSkiStar AB (publ) to Report First Half, 2021 Results on Mar 19, 2021SkiStar AB (publ) announced that they will report first half, 2021 results on Mar 19, 2021Reported Earnings • Oct 01Full year earnings released - EPS €3.71Over the last 12 months the company has reported total profits of kr291.0m, down 37% from the prior year. Total revenue was kr2.41b over the last 12 months, down 10.0% from the prior year. Profit margins were 12%, which is lower than the 17% margin from last year. The decrease in margin was driven by lower revenue.お知らせ • Jun 20SkiStar AB (publ) to Report Q3, 2021 Results on Jun 17, 2021SkiStar AB (publ) announced that they will report Q3, 2021 results at 7:30 AM, Central European Standard Time on Jun 17, 2021お知らせ • Jun 19SkiStar AB (publ) to Report Q1, 2021 Results on Dec 17, 2020SkiStar AB (publ) announced that they will report Q1, 2021 results at 7:30 AM, Central European Standard Time on Dec 17, 2020株主還元3AJDE HospitalityDE 市場7D2.6%-1.2%-1.7%1Y5.6%31.7%-0.6%株主還元を見る業界別リターン: 3AJ過去 1 年間で31.7 % の収益を上げたGerman Hospitality業界を下回りました。リターン対市場: 3AJ過去 1 年間で-0.6 % の収益を上げたGerman市場を上回りました。価格変動Is 3AJ's price volatile compared to industry and market?3AJ volatility3AJ Average Weekly Movement4.0%Hospitality Industry Average Movement6.6%Market Average Movement5.7%10% most volatile stocks in DE Market13.4%10% least volatile stocks in DE Market2.8%安定した株価: 3AJ 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3AJの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19641,914Stefan Sjostrandwww.skistar.comSkiStar AB（publish）は、スウェーデンとノルウェーでアルペンスキーリゾートを所有・運営している。マウンテンリゾート事業、不動産開発・開発事業、ホテル事業を行っている。スキーや自転車のレンタル、ホテル、リフト・トレイルパス、宿泊施設事業を手掛け、スキーパス関連サービスも提供している。また、クライミングパーク、トレイルサイクリング、ハイキングコース、パデルコート、ゴルフ施設を提供するほか、土地やその他の不動産への投資、開発、販売にも携わっている。さらに、宿泊施設、レストラン、その他の商品・サービスを提供するSkiStarブランドのホテルを運営し、バケーションクラブも運営している。SkiStar AB（publ）は1964年に設立され、スウェーデンのセーレンに本拠を置く。もっと見るSkiStar AB (publ) 基礎のまとめSkiStar の収益と売上を時価総額と比較するとどうか。3AJ 基礎統計学時価総額€1.15b収益（TTM）€53.29m売上高(TTM)€448.53m21.5xPER（株価収益率2.6xP/Sレシオ3AJ は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3AJ 損益計算書（TTM）収益SEK 4.97b売上原価SEK 1.18b売上総利益SEK 3.79bその他の費用SEK 3.20b収益SEK 590.61m直近の収益報告May 31, 2026次回決算日Sep 30, 2026一株当たり利益（EPS）7.54グロス・マージン76.17%純利益率11.88%有利子負債／自己資本比率24.5%3AJ の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.9%現在の配当利回り40%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/28 02:27終値2026/06/26 00:00収益2026/05/31年間収益2025/08/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SkiStar AB (publ) 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関null nullABG Sundal CollierFredrik VillardCarnegie Investment Bank ABMikael HolmDanske Bank4 その他のアナリストを表示
お知らせ • Jun 18+ 3 more updatesSkiStar AB (publ) to Report Nine Months, 2027 Results on Jun 17, 2027SkiStar AB (publ) announced that they will report nine months, 2027 results on Jun 17, 2027
お知らせ • Dec 13SkiStar AB (publ) Approves DividendSkiStar AB (publ) at its Annual General Meeting held on 13 December 2025, approved a dividend of SEK 3.00 per share. Record day 16 December 2025.
お知らせ • Oct 02Skistar AB (Publ) Proposes DividendSkiStar AB (publ) proposed a dividend of SEK 3.00 (SEK 2.80) per share, totaling SEK 235 (SEK 219) million. The dividend represents 43% (46%) of the Group’s profit after tax.
お知らせ • Oct 01SkiStar AB (publ), Annual General Meeting, Dec 13, 2025SkiStar AB (publ), Annual General Meeting, Dec 13, 2025, at 02:00 W. Europe Standard Time. Location: salen Sweden
お知らせ • Jun 19+ 3 more updatesSkiStar AB (publ) to Report Fiscal Year 2026 Results on Sep 30, 2026SkiStar AB (publ) announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Sep 30, 2026
お知らせ • Jan 31Skistar AB (Publ) Announces CFO ChangesSkiStar AB (publ) announced that Sara Jinnerot Uggelberg had been appointed as SkiStar’s new CFO on 18 December 2024 and that she would assume the role on 31 March 2025 at the latest. She will assume the role on 1 February 2025. In connection to this the present CFO, Martin Almgren, will resign his role. Sara Jinnerot Uggelberg will be part of SkiStar's Group Management as of said date.
お知らせ • Jun 18+ 3 more updatesSkiStar AB (publ) to Report Nine Months, 2027 Results on Jun 17, 2027SkiStar AB (publ) announced that they will report nine months, 2027 results on Jun 17, 2027
お知らせ • Dec 13SkiStar AB (publ) Approves DividendSkiStar AB (publ) at its Annual General Meeting held on 13 December 2025, approved a dividend of SEK 3.00 per share. Record day 16 December 2025.
お知らせ • Oct 02Skistar AB (Publ) Proposes DividendSkiStar AB (publ) proposed a dividend of SEK 3.00 (SEK 2.80) per share, totaling SEK 235 (SEK 219) million. The dividend represents 43% (46%) of the Group’s profit after tax.
お知らせ • Oct 01SkiStar AB (publ), Annual General Meeting, Dec 13, 2025SkiStar AB (publ), Annual General Meeting, Dec 13, 2025, at 02:00 W. Europe Standard Time. Location: salen Sweden
お知らせ • Jun 19+ 3 more updatesSkiStar AB (publ) to Report Fiscal Year 2026 Results on Sep 30, 2026SkiStar AB (publ) announced that they will report fiscal year 2026 results at 7:00 AM, Central European Standard Time on Sep 30, 2026
お知らせ • Jan 31Skistar AB (Publ) Announces CFO ChangesSkiStar AB (publ) announced that Sara Jinnerot Uggelberg had been appointed as SkiStar’s new CFO on 18 December 2024 and that she would assume the role on 31 March 2025 at the latest. She will assume the role on 1 February 2025. In connection to this the present CFO, Martin Almgren, will resign his role. Sara Jinnerot Uggelberg will be part of SkiStar's Group Management as of said date.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Board Member Carina Akerstrom was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 18SkiStar AB (publ) Announces Changes to CFOSkiStar AB (publ) appoints Sara Jinnerot Uggelberg as new CFO. Sara Jinnerot Uggelberg will be employed by SkiStar as of 7 January 2025 and she will assume the role of CFO no later than 31 March 2025 in connection with the resignation of the outgoing CFO, Martin Almgren. Sara Jinnerot Uggelberg will be part of SkiStar's Group Management as of the date of her appointment as CFO. Sara Jinnerot Uggelberg most recently comes from the role of senior advisor for Avonova, where she worked as CEO and CFO during the years 2020–2023. During the years 2016–2020 she was CFO at Aleris and prior to that she has held various leadership roles within accounting and controlling at SAS. Sara Jinnerot Uggelberg was born in 1972 and holds a Master of Science in Economics.
お知らせ • Dec 15+ 1 more updateSkistar AB (Publ) Approves DividendSkiStar AB (publ) at its annual general meeting held on 14 December 2024, approved a dividend of SEK 2.80 per share was adopted. Record day 17 December 2024.
お知らせ • Nov 07Vegard Søraunet Refrains from Being Re-Elected as Board Member of Skistar AB (Publ)SkiStar AB (publ) announced that at the AGM to be held on December 14, 2024, Board Member Vegard Søraunet has informed the Nomination Committee that he refrains from being re-elected.
Declared Dividend • Oct 06Dividend of kr2.80 announcedShareholders will receive a dividend of kr2.80. Ex-date: 16th December 2024 Payment date: 20th December 2024 Dividend yield will be 20%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 04Skistar AB (Publ) Announces Leaving of Martin Almgren as CFOSkiStar AB (publ)'s CFO Martin Almgren has announced that he will terminate his employment with SkiStar for new assignments outside the company. Martin, who has been SkiStar's CFO since May 2023, will continue in his position as CFO until a successor takes office, or until April 2025 at the latest. SkiStar will immediately start the recruitment process of a replacement.
Reported Earnings • Oct 03Full year 2024 earnings released: EPS: kr6.04 (vs kr5.28 in FY 2023)Full year 2024 results: EPS: kr6.04 (up from kr5.28 in FY 2023). Revenue: kr4.69b (up 9.1% from FY 2023). Net income: kr473.3m (up 14% from FY 2023). Profit margin: 10% (in line with FY 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Oct 02+ 1 more updateSkiStar AB (publ) Proposes DividendThe Board of SkiStar AB (publ) proposed a dividend of SEK 2.80 (SEK 2.60) per share, totaling SEK 219 (SEK 204) million.
Buy Or Sell Opportunity • Aug 28Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to €13.94. The fair value is estimated to be €17.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 7.6% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.
Reported Earnings • Jun 21Third quarter 2024 earnings released: EPS: kr4.00 (vs kr3.43 in 3Q 2023)Third quarter 2024 results: EPS: kr4.00 (up from kr3.43 in 3Q 2023). Revenue: kr1.49b (up 5.8% from 3Q 2023). Net income: kr313.1m (up 17% from 3Q 2023). Profit margin: 21% (up from 19% in 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • May 28Now 20% undervaluedOver the last 90 days, the stock has risen 18% to €13.70. The fair value is estimated to be €17.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.
お知らせ • Apr 26Skistar AB (Publ) Announces Board ChangesThe board member of SkiStar AB (publ) Vegard Søraunet has informed SkiStar's nomination committee that he declines re-election at SkiStar's annual general meeting, which is intended to be held in December 2024. This is due to a change of ownership in Nordic Ski & Mountains AB, which is a major shareholder in SkiStar. Søraunet, who represents Aeternum Capital, which continues to be a minority owner of Nordic Ski & Mountains AB, has been a member of SkiStar's board since the annual general meeting in 2021. SkiStar's nomination committee will work to propose a replacement in the regular nomination process before SkiStar's annual general meeting in December. In accordance with the nomination committee's instructions, the nomination committee for SkiStar's annual general meeting 2024 consists of members appointed by SkiStar's four largest shareholders (shareholder groups) as of 31 March 2024. The nomination committee has the following composition: Per Gullstrand, appointed by Ekhaga Utveckling AB. Peder Strand, appointed by Nordic Ski & Mountains AB. Niklas Johansson, appointed by Handelsbanken Fonder. Sara Karlsson, appointed by the Erik Paulsson family incl. company. The nomination committee has appointed Per Gullstrand as its chairman.
お知らせ • Mar 21+ 3 more updatesSkiStar AB (publ) to Report Q2, 2025 Results on Mar 19, 2025SkiStar AB (publ) announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Mar 19, 2025
Reported Earnings • Mar 21Second quarter 2024 earnings released: EPS: kr10.43 (vs kr9.32 in 2Q 2023)Second quarter 2024 results: EPS: kr10.43 (up from kr9.32 in 2Q 2023). Revenue: kr2.54b (up 7.2% from 2Q 2023). Net income: kr817.1m (up 12% from 2Q 2023). Profit margin: 32% (up from 31% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 08Additional Employee Representative Appointed to SkiStar's Board of DirectorsEric Wikman has been appointed as employee representative of Unionen in the Board of Directors of SkiStar AB, effective from 7 February 2024. Following this, SkiStar's Board of Directors includes – in addition to the seven members appointed by the general meeting of shareholders – two employee representatives appointed by Unionen respectively Hotell- och Restaurangfacket.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Board Member Carina Akerstrom was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 30Skistar AB (Publ) Announces Resignation of Tobias Englund, Employee Representative of Board of DirectorsTobias Englund, employee representative in SkiStar AB’s board of directors, resigns from his appointment as employee representative as of this date, 29 December 2023. Unionen, which appointed Tobias Englund, has not yet appointed a replacement. The board now has an employee representative, appointed by HRF.
お知らせ • Dec 11+ 1 more updateSkiStar AB (publ) Approves DividendSkiStar AB (publ) announced that at its annual general meeting, held in Sälen on 9 December 2023, the following decision was made: A dividend of SEK 2.60 per share was adopted. Record day 12 December 2023.
Reported Earnings • Nov 19Full year 2023 earnings released: EPS: kr5.13 (vs kr8.50 in FY 2022)Full year 2023 results: EPS: kr5.13 (down from kr8.50 in FY 2022). Revenue: kr4.28b (up 4.6% from FY 2022). Net income: kr402.4m (down 40% from FY 2022). Profit margin: 9.4% (down from 16% in FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 17SkiStar AB (publ) to Report Fiscal Year 2023 Results on Nov 15, 2023SkiStar AB (publ) announced that they will report fiscal year 2023 results on Nov 15, 2023
お知らせ • Nov 02SkiStar AB (publ) Announces Sara Karlsson Not to Stand for Re-ElectionSkiStar AB (publ) announced that Board Member Sara Karlsson has informed the Nomination Committee that she refrains from being re-elected at its Annual General Meeting to be held on December 9, 2023.
お知らせ • Oct 10SkiStar AB (publ), Annual General Meeting, Dec 09, 2023SkiStar AB (publ), Annual General Meeting, Dec 09, 2023.
Reported Earnings • Oct 05Full year 2023 earnings released: EPS: kr5.13 (vs kr8.50 in FY 2022)Full year 2023 results: EPS: kr5.13 (down from kr8.50 in FY 2022). Revenue: kr4.30b (up 4.4% from FY 2022). Net income: kr402.4m (down 40% from FY 2022). Profit margin: 9.3% (down from 16% in FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Oct 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin).
New Risk • Jun 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 19x cash flows per share). Profit margins are more than 30% lower than last year (9.5% net profit margin).
Reported Earnings • Jun 21Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr1.41b (down 8.3% from 3Q 2022). Net income: kr268.7m (down 39% from 3Q 2022). Profit margin: 19% (down from 28% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • May 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Sven Svensson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 10Aeternum Capital AS acquired an unknown minority stake in SkiStar AB (publ).Aeternum Capital AS acquired an unknown minority stake in SkiStar AB (publ) on May 8, 2023.Aeternum Capital AS completed the acquisition of an unknown minority stake in SkiStar AB (publ) on May 8, 2023.
Reported Earnings • Mar 22Second quarter 2023 earnings released: EPS: kr9.32 (vs kr9.62 in 2Q 2022)Second quarter 2023 results: EPS: kr9.32 (down from kr9.62 in 2Q 2022). Revenue: kr2.37b (up 7.8% from 2Q 2022). Net income: kr730.6m (down 3.1% from 2Q 2022). Profit margin: 31% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 15SkiStar AB (publ) Appoints Martin Almgren as CFO, Effective 23 May 2023SkiStar AB (publ) appointed Martin Almgren as CFO, effective from 23 May 2023. Martin Almgren will be a member of the group management from said date. Martin Almgren most recently served as business area manager within Medtech at AddLife AB. Previously, he had the position as CFO at AddLife AB, during the years 2015-2021. He also has experience from work as group controller at Addtech AB, from various controller positions within Nefab as well as from work as an auditor. He was born in 1976 and holds a Master of Business Administration.
お知らせ • Feb 13SkiStar AB (publ) Appoints Tobias Englund to Board of DirectorsSkiStar AB (publ) announced that Tobias Englund has been appointed as Unionen’s employee representative in the Board of Directors of SkiStar AB, effective from 9 May 2023. Following this decision, SkiStar's Board of Directors thereafter includes – in addition to the seven members appointed by the general meeting of shareholders – two employee representatives, appointed by Unionen respectively Hotell- och Restaurangfacket.
Recent Insider Transactions • Jan 05Director recently bought €251k worth of stockOn the 30th of December, Vegard Soraunet bought around 25k shares on-market at roughly €10.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €635k more in shares than they have sold in the last 12 months.
お知らせ • Dec 12SkiStar AB (publ) Approves DividendSkiStar AB (publ) announced at annual general meeting held on December 10, 2022, approved dividend of SEK 3.00 per share was adopted. Record day is 13 December 2022.
お知らせ • Dec 09Anders Örnulf Is Leaving as CFO for SkiStar AB (publ)SkiStar AB (publ)’s CFO Anders Örnulf has announced that he will terminate his employment with SkiStar for a new assignment for another company. Anders, who has been SkiStar’s CFO since 2018, will continue in his position as CFO until a successor takes office, or until June 2023 at the latest. SkiStar will immediately start the recruitment process of a replacement.
Upcoming Dividend • Dec 05Upcoming dividend of kr3.00 per shareEligible shareholders must have bought the stock before 12 December 2022. Payment date: 16 December 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.1%).
Reported Earnings • Nov 22Full year 2022 earnings released: EPS: kr8.50 (vs kr3.04 in FY 2021)Full year 2022 results: EPS: kr8.50 (up from kr3.04 in FY 2021). Revenue: kr4.12b (up 47% from FY 2021). Net income: kr666.5m (up 180% from FY 2021). Profit margin: 16% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 05Full year 2022 earnings released: EPS: kr8.50 (vs kr3.04 in FY 2021)Full year 2022 results: EPS: kr8.50 (up from kr3.04 in FY 2021). Revenue: kr4.12b (up 50% from FY 2021). Net income: kr666.5m (up 180% from FY 2021). Profit margin: 16% (up from 8.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Oct 05SkiStar AB (publ) to Report Fiscal Year 2022 Final Results between Nov 14, 2022 and Nov 18, 2022SkiStar AB (publ) announced that they will report fiscal year 2022 final results on between Nov 14, 2022 and Nov 18, 2022
Reported Earnings • Jun 18Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr1.54b (up 50% from 3Q 2021). Net income: kr438.9m (up kr392.1m from 3Q 2021). Profit margin: 28% (up from 4.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.7%, compared to a 32% growth forecast for the industry in Germany.
お知らせ • Jun 18SkiStar AB (publ), Annual General Meeting, Dec 10, 2022SkiStar AB (publ), Annual General Meeting, Dec 10, 2022.
Reported Earnings • Mar 19Second quarter 2022 earnings: Revenues exceed analyst expectationsSecond quarter 2022 results: Revenue: kr2.20b (up 65% from 2Q 2021). Net income: kr754.3m (up 105% from 2Q 2021). Profit margin: 34% (up from 28% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 15%, compared to a 109% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to €13.77, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Hospitality industry in Europe. Total returns to shareholders of 40% over the past three years.
Reported Earnings • Dec 22First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: kr3.97 loss per share (down from kr3.12 loss in 1Q 2021). Revenue: kr154.9m (flat on 1Q 2021). Net loss: kr311.0m (loss widened 27% from 1Q 2021). Revenue missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 39%, compared to a 24% growth forecast for the industry in Germany.
Upcoming Dividend • Dec 06Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 13 December 2021. Payment date: 17 December 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (2.3%).
Reported Earnings • Nov 20Full year 2021 earnings released: EPS kr3.04 (vs kr3.71 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: kr2.75b (down 1.6% from FY 2020). Net income: kr238.1m (down 18% from FY 2020). Profit margin: 8.7% (down from 10% in FY 2020).
Reported Earnings • Oct 04Full year 2021 earnings released: EPS kr3.04 (vs kr3.71 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: kr2.75b (up 17% from FY 2020). Net income: kr238.1m (down 18% from FY 2020). Profit margin: 8.7% (down from 12% in FY 2020).
Recent Insider Transactions • Jun 22Operational Director recently bought €198k worth of stockOn the 17th of June, Niclas Berg bought around 14k shares on-market at roughly €14.15 per share. This was the largest purchase by an insider in the last 3 months. This was Niclas' only on-market trade for the last 12 months.
Reported Earnings • Jun 18Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr1.02b (up 111% from 3Q 2020). Net income: kr46.8m (up kr52.4m from 3Q 2020). Profit margin: 4.6% (up from net loss in 3Q 2020).
Reported Earnings • Mar 21Second quarter 2021 earnings released: EPS kr4.70 (vs kr8.04 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr1.33b (down 31% from 2Q 2020). Net income: kr368.2m (down 42% from 2Q 2020). Profit margin: 28% (down from 33% in 2Q 2020).
Is New 90 Day High Low • Feb 24New 90-day high: €12.44The company is up 33% from its price of €9.34 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Feb 08New 90-day high: €12.42The company is up 19% from its price of €10.40 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Jan 20New 90-day high: €11.52The company is up 4.0% from its price of €11.08 on 22 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 3.0% over the same period.
Analyst Estimate Surprise Post Earnings • Dec 19Revenue beats expectationsRevenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 22%, compared to a 27% growth forecast for the Hospitality industry in Germany.
Reported Earnings • Dec 17First quarter 2021 earnings released: kr3.12 loss per shareThe company reported a solid first quarter result with improved revenues and control over expenses, though losses increased. First quarter 2021 results: Revenue: kr156.1m (up 29% from 1Q 2020). Net loss: kr244.7m (loss widened 3.1% from 1Q 2020).
Analyst Estimate Surprise Post Earnings • Dec 17Revenue beats expectationsRevenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 22%, compared to a 27% growth forecast for the Hospitality industry in Germany.
Is New 90 Day High Low • Nov 20New 90-day low: €8.86The company is down 12% from its price of €10.02 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 23% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: €9.41The company is down 4.0% from its price of €9.83 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Hospitality industry, which is up 1.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 16% share price decline to kr9.41, the stock is trading at a trailing P/E ratio of 26.9x, down from the previous P/E ratio of 32x. This compares to an average P/E of 20x in the Hospitality industry in Germany. Total return to shareholders over the past year is a loss of 10%.
Reported Earnings • Oct 04Full year earnings released - EPS €3.71Over the last 12 months the company has reported total profits of kr291.0m, down 37% from the prior year. Total revenue was kr2.36b over the last 12 months, down 12% from the prior year. Profit margins were 12%, which is lower than the 17% margin from last year. The decrease in margin was driven by lower revenue.
お知らせ • Oct 03+ 1 more updateSkiStar AB (publ) to Report First Half, 2021 Results on Mar 19, 2021SkiStar AB (publ) announced that they will report first half, 2021 results on Mar 19, 2021
Reported Earnings • Oct 01Full year earnings released - EPS €3.71Over the last 12 months the company has reported total profits of kr291.0m, down 37% from the prior year. Total revenue was kr2.41b over the last 12 months, down 10.0% from the prior year. Profit margins were 12%, which is lower than the 17% margin from last year. The decrease in margin was driven by lower revenue.
お知らせ • Jun 20SkiStar AB (publ) to Report Q3, 2021 Results on Jun 17, 2021SkiStar AB (publ) announced that they will report Q3, 2021 results at 7:30 AM, Central European Standard Time on Jun 17, 2021
お知らせ • Jun 19SkiStar AB (publ) to Report Q1, 2021 Results on Dec 17, 2020SkiStar AB (publ) announced that they will report Q1, 2021 results at 7:30 AM, Central European Standard Time on Dec 17, 2020
