View ValuationMatas 将来の成長Future 基準チェック /46Matas利益と収益がそれぞれ年間29.8%と4.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.1% 31.8%なると予測されています。主要情報29.8%収益成長率31.77%EPS成長率Specialty Retail 収益成長11.0%収益成長率4.4%将来の株主資本利益率12.07%アナリストカバレッジLow最終更新日04 Mar 2026今後の成長に関する最新情報分析記事 • Feb 08Matas A/S (CPH:MATAS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from Matas A/S ( CPH:MATAS ), an important milestone in the...Price Target Changed • Jan 12Price target decreased by 8.5% to kr.163Down from kr.178, the current price target is an average from 2 analysts. New target price is 58% above last closing price of kr.103. Stock is down 23% over the past year. The company is forecast to post earnings per share of kr.8.89 for next year compared to kr.7.42 last year.お知らせ • Jan 09Matas A/S Revises Group Earnings Guidance for the Financial Year 2025/26Matas A/S revised group earnings guidance for the financial year 2025/26. For the year, the group revenue is now expected to grow between 3% and 4% as compared to 3% and 7% previously.分析記事 • Nov 15Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Second-Quarter ReportLast week, you might have seen that Matas A/S ( CPH:MATAS ) released its quarterly result to the market. The early...分析記事 • Aug 16Here's What Analysts Are Forecasting For Matas A/S (CPH:MATAS) After Its First-Quarter ResultsCPSE:MATAS 1 Year Share Price vs Fair Value Explore Matas's Fair Values from the Community and select yours It's been a...Major Estimate Revision • May 30Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from kr.11.76 to kr.10.02 per share. Revenue forecast steady at kr.8.96b. Net income forecast to grow 33% next year vs 32% growth forecast for Specialty Retail industry in Denmark. Consensus price target of kr.180 unchanged from last update. Share price fell 3.4% to kr.135 over the past week.すべての更新を表示Recent updates分析記事 • Feb 08Matas A/S (CPH:MATAS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from Matas A/S ( CPH:MATAS ), an important milestone in the...Reported Earnings • Feb 06Third quarter 2026 earnings released: EPS: kr.4.95 (vs kr.5.30 in 3Q 2025)Third quarter 2026 results: EPS: kr.4.95 (down from kr.5.30 in 3Q 2025). Revenue: kr.2.78b (up 3.0% from 3Q 2025). Net income: kr.186.0m (down 7.5% from 3Q 2025). Profit margin: 6.7% (down from 7.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.お知らせ • Feb 05+ 3 more updatesMatas A/S to Report Q3, 2027 Results on Feb 03, 2027Matas A/S announced that they will report Q3, 2027 results on Feb 03, 2027Price Target Changed • Jan 12Price target decreased by 8.5% to kr.163Down from kr.178, the current price target is an average from 2 analysts. New target price is 58% above last closing price of kr.103. Stock is down 23% over the past year. The company is forecast to post earnings per share of kr.8.89 for next year compared to kr.7.42 last year.Valuation Update With 7 Day Price Move • Jan 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr.103, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 45% over the past three years.お知らせ • Jan 09Matas A/S Revises Group Earnings Guidance for the Financial Year 2025/26Matas A/S revised group earnings guidance for the financial year 2025/26. For the year, the group revenue is now expected to grow between 3% and 4% as compared to 3% and 7% previously.分析記事 • Nov 15Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Second-Quarter ReportLast week, you might have seen that Matas A/S ( CPH:MATAS ) released its quarterly result to the market. The early...Reported Earnings • Nov 13Second quarter 2026 earnings released: EPS: kr.0.64 (vs kr.0.64 in 2Q 2025)Second quarter 2026 results: EPS: kr.0.64 (in line with 2Q 2025). Revenue: kr.1.95b (up 5.1% from 2Q 2025). Net income: kr.24.0m (flat on 2Q 2025). Profit margin: 1.2% (down from 1.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.分析記事 • Aug 16Here's What Analysts Are Forecasting For Matas A/S (CPH:MATAS) After Its First-Quarter ResultsCPSE:MATAS 1 Year Share Price vs Fair Value Explore Matas's Fair Values from the Community and select yours It's been a...分析記事 • Aug 15When Should You Buy Matas A/S (CPH:MATAS)?CPSE:MATAS 1 Year Share Price vs Fair Value Explore Matas's Fair Values from the Community and select yours Matas A/S...Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: kr.1.67 (vs kr.1.56 in 1Q 2025)First quarter 2026 results: EPS: kr.1.67 (up from kr.1.56 in 1Q 2025). Revenue: kr.2.07b (up 6.0% from 1Q 2025). Net income: kr.64.0m (up 8.5% from 1Q 2025). Profit margin: 3.1% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Jun 23Matas A/S (CPSE:MATAS) commences an Equity Buyback Plan, under the authorization approved on June 16, 2025.Matas A/S (CPSE:MATAS) commences share repurchases on June 17, 2025, under the program mandated by the shareholders in the Annual General Meeting held on June 16, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital, such that the company’s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital. The purchase price must not deviate by more than 10% from the price quoted on NASDAQ OMX Copenhagen at the time of purchase. The share repurchase program is valid until the next Annual General Meeting in 2026. As of May 23, 2025, the company had 38,291,492 shares in issue. On June 16, 2025, the company announced a share buyback program. Under the program, company will repurchase up to 1,400,000 shares, for DKK 140 million. The purpose of program is reducing the Company’s share capital and meeting obligations under long-term incentive program. The Program will run in the period from June 17, 2025 until and including March 31, 2026.分析記事 • Jun 16Matas' (CPH:MATAS) Dividend Will Be DKK2.00Matas A/S' ( CPH:MATAS ) investors are due to receive a payment of DKK2.00 per share on 19th of June. The dividend...Declared Dividend • Jun 16Dividend of kr.2.00 announcedDividend of kr.2.00 is the same as last year. Ex-date: 17th June 2025 Payment date: 19th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 10Shareholders Will Probably Hold Off On Increasing Matas A/S' (CPH:MATAS) CEO Compensation For The Time BeingKey Insights Matas will host its Annual General Meeting on 16th of June Total pay for CEO Gregers Wedell-Wedellsborg...New Risk • Jun 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Dividend per share is over 5x cash flows per share. Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).Major Estimate Revision • May 30Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from kr.11.76 to kr.10.02 per share. Revenue forecast steady at kr.8.96b. Net income forecast to grow 33% next year vs 32% growth forecast for Specialty Retail industry in Denmark. Consensus price target of kr.180 unchanged from last update. Share price fell 3.4% to kr.135 over the past week.分析記事 • May 24Returns At Matas (CPH:MATAS) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Reported Earnings • May 23Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr.7.42 (up from kr.4.45 in FY 2024). Revenue: kr.8.38b (up 25% from FY 2024). Net income: kr.282.0m (up 67% from FY 2024). Profit margin: 3.4% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.6%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • May 23+ 1 more updateMatas A/S Proposes Dividend for the 2024/25, Payable on 19 June 2025Matas A/S at its AGM to be held on June 12, 2025 proposed distribution of profits in accordance with the adopted Annual Report for 2024/25, including distribution of dividends of DKK 2.00 per share of a nominal value of DKK 2.50. Dividends are expected to be paid on 19 June 2025, subject to adoption by the general meeting. Matas Group will also launch an up to DKK 100 million share buyback programme, subject to renewed mandate to purchase own shares by the general meeting, M&A activity and the financial gearing level.分析記事 • May 03What Is Matas A/S's (CPH:MATAS) Share Price Doing?Matas A/S ( CPH:MATAS ), is not the largest company out there, but it saw a decent share price growth of 17% on the...お知らせ • Apr 26Matas A/S, Annual General Meeting, Jun 16, 2025Matas A/S, Annual General Meeting, Jun 16, 2025.分析記事 • Apr 05Is Matas (CPH:MATAS) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 06Shareholders Should Be Pleased With Matas A/S' (CPH:MATAS) PriceMatas A/S' ( CPH:MATAS ) price-to-earnings (or "P/E") ratio of 21.6x might make it look like a strong sell right now...分析記事 • Feb 08Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Third-Quarter ReportShareholders might have noticed that Matas A/S ( CPH:MATAS ) filed its third-quarter result this time last week. The...Reported Earnings • Feb 06Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: kr.5.30 (up from kr.4.29 in 3Q 2024). Revenue: kr.2.69b (up 7.4% from 3Q 2024). Net income: kr.201.0m (up 23% from 3Q 2024). Profit margin: 7.5% (up from 6.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Feb 05+ 3 more updatesMatas A/S to Report Fiscal Year 2026 Results on May 19, 2026Matas A/S announced that they will report fiscal year 2026 results on May 19, 2026お知らせ • Jan 07Matas A/S Updates Earnings Guidance for the Financial Year 2024/25Matas A/S updated earnings guidance for the financial year 2024/25. Matas Group updated its guidance for the financial year 2024/25 as follows: Group revenue is now expected to grow between 6.5% and 7.5% (from 5% and 7%) currency neutral, corresponding to ~6.3% to 7.3% exchange rate adjusted1 (previously ~4.6% to 6.6%), from the proforma revenue for 2023/24 of DKK 7.8 billion.Recent Insider Transactions • Dec 15Chief Executive Officer recently sold kr.13m worth of stockOn the 10th of December, Gregers Wedell-Wedellsborg sold around 100k shares on-market at roughly kr.132 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregers' only on-market trade for the last 12 months.Recent Insider Transactions • Nov 21Chief Financial Officer recently bought kr.991k worth of stockOn the 15th of November, Per Madsen bought around 8k shares on-market at roughly kr.124 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Per's only on-market trade for the last 12 months.Reported Earnings • Nov 17Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: kr.0.64 (up from kr.0.04 in 2Q 2024). Revenue: kr.1.85b (up 44% from 2Q 2024). Net income: kr.24.0m (up kr.22.4m from 2Q 2024). Profit margin: 1.3% (up from 0.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Oct 24Matas A/S ALMINDELIG AKTIE to Be Deleted from OTC EquityMatas A/S ALMINDELIG AKTIE (Denmark) will be deleted from OTC Equity effective October 23, 2024, due to Inactive Security.分析記事 • Aug 22Matas' (CPH:MATAS) Conservative Accounting Might Explain Soft EarningsMatas A/S' ( CPH:MATAS ) stock was strong despite it releasing a soft earnings report last week. However, we think the...分析記事 • Aug 17Matas A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextMatas A/S ( CPH:MATAS ) just released its quarterly report and things are looking bullish. It was overall a positive...Reported Earnings • Aug 15First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: kr.1.56 (up from kr.1.29 in 1Q 2024). Revenue: kr.1.96b (up 70% from 1Q 2024). Net income: kr.59.0m (up 20% from 1Q 2024). Profit margin: 3.0% (down from 4.3% in 1Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Price Target Changed • Aug 14Price target increased by 8.9% to kr.163Up from kr.150, the current price target is an average from 3 analysts. New target price is 28% above last closing price of kr.128. Stock is up 31% over the past year. The company is forecast to post earnings per share of kr.7.99 for next year compared to kr.4.45 last year.お知らせ • Jun 20+ 1 more updateMatas A/S Appoints Barbara Plucnar Jensen and Espen Eldal as New Members of the Board of DirectorsMatas A/S at its AGM held on 19 June 2024 announced the Barbara Plucnar Jensen and Espen Eldal were elected as new members of the Board of Directors.Upcoming Dividend • Jun 15Upcoming dividend of kr.2.00 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Danish dividend payers (5.5%). Lower than average of industry peers (3.5%).Declared Dividend • Jun 13Dividend of kr.2.00 announcedDividend of kr.2.00 is the same as last year. Ex-date: 20th June 2024 Payment date: 24th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 134% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 13Increases to Matas A/S' (CPH:MATAS) CEO Compensation Might Cool off for nowKey Insights Matas to hold its Annual General Meeting on 19th of June Total pay for CEO Gregers Wedell-Wedellsborg...Major Estimate Revision • Jun 04Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from kr.8.13b to kr.8.24b. EPS estimate fell from kr.9.01 to kr.7.70 per share. Net income forecast to grow 72% next year vs 31% growth forecast for Specialty Retail industry in Denmark. Consensus price target up from kr.150 to kr.155. Share price fell 7.5% to kr.116 over the past week.お知らせ • May 29+ 3 more updatesMatas A/S to Report Q1, 2025 Results on Aug 14, 2024Matas A/S announced that they will report Q1, 2025 results on Aug 14, 2024Reported Earnings • May 29Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: kr.4.45 (down from kr.7.41 in FY 2023). Revenue: kr.6.70b (up 49% from FY 2023). Net income: kr.169.0m (down 40% from FY 2023). Profit margin: 2.5% (down from 6.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.分析記事 • Feb 15Matas' (CPH:MATAS) Soft Earnings Don't Show The Whole PictureMatas A/S' ( CPH:MATAS ) earnings announcement last week didn't impress shareholders. While the headline numbers were...Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: kr.4.29 (vs kr.3.88 in 3Q 2023)Third quarter 2024 results: EPS: kr.4.29 (up from kr.3.88 in 3Q 2023). Revenue: kr.2.51b (up 80% from 3Q 2023). Net income: kr.163.2m (up 11% from 3Q 2023). Profit margin: 6.5% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Price Target Changed • Jan 24Price target increased by 7.1% to kr.150Up from kr.140, the current price target is an average from 3 analysts. New target price is 24% above last closing price of kr.121. Stock is up 67% over the past year. The company is forecast to post earnings per share of kr.5.65 for next year compared to kr.7.41 last year.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr.129, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 65% over the past three years.お知らせ • Jan 09Matas A/S Provides Revised Earnings Guidance for the Year 2024Matas A/S provided revised earnings guidance for the year 2024. Group total revenue is now expected in the range of DKK 6,650 million to DKK 6,750 million (previously DKK 6,400 million to DKK 6,600 million).Reported Earnings • Nov 15Second quarter 2024 earnings released: EPS: kr.0.04 (vs kr.1.23 in 2Q 2023)Second quarter 2024 results: EPS: kr.0.04 (down from kr.1.23 in 2Q 2023). Revenue: kr.1.29b (up 30% from 2Q 2023). Net income: kr.1.60m (down 97% from 2Q 2023). Profit margin: 0.1% (down from 4.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.お知らせ • Nov 11Matas A/S Maintains Earnings Guidance for the Financial Year 2024Matas A/S maintained earnings guidance for the financial year 2024. The company maintains its guidance for the financial year 2023/24 to revenue in the range of DKK 6,400 million - DKK 6,600 million.Recent Insider Transactions • Sep 11Chief Executive Officer recently sold kr.5.7m worth of stockOn the 6th of September, Gregers Wedell-Wedellsborg sold around 51k shares on-market at roughly kr.110 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregers' only on-market trade for the last 12 months.お知らせ • Sep 01Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB.Matas A/S (CPSE:MATAS) signed an agreement to acquire Kicks AB from Axel Johnson AB for SEK 1.1 billion on June 29, 2023. The consideration will be satisfied with cash. Transaction will be fully debt financed. The transaction is expected to close in Q3 of the calendar year 2023 and is not subject to any regulatory approvals. FIH Partners is acting as financial advisor to Matas and Gorrissen Federspiel is acting as legal advisor to Matas on the transaction. Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB on August 31, 2023.お知らせ • Aug 17Matas A/S Upgrades Earnings Guidance for the Financial Year 2023/24Matas A/S upgraded earnings guidance for the financial year 2023/24. For the year, the company revenue growth is now expected to be in the range of 4%-7% (previously 3%-6%).Reported Earnings • Aug 17First quarter 2024 earnings released: EPS: kr.1.29 (vs kr.1.83 in 1Q 2023)First quarter 2024 results: EPS: kr.1.29 (down from kr.1.83 in 1Q 2023). Revenue: kr.1.15b (up 9.2% from 1Q 2023). Net income: kr.49.0m (down 29% from 1Q 2023). Profit margin: 4.3% (down from 6.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year.New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).Major Estimate Revision • Jul 02Consensus revenue estimates increase by 18%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from kr.4.69b to kr.5.54b. EPS estimate fell from kr.7.42 to kr.6.71. Net income forecast to shrink 10% next year vs 14% growth forecast for Specialty Retail industry in Denmark . Consensus price target up from kr.123 to kr.133. Share price rose 20% to kr.101 over the past week.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to kr.100, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total returns to shareholders of 78% over the past three years.お知らせ • Jun 30+ 1 more updateMatas A/S Approves Dividend, Payable on July 4, 2023The board of directors of Matas A/S at its AGM held on June 29, 2023, approved that a dividend of DKK 2.00 per share, of a nominal value of DKK 2.50. Dividends are expected to be paid on 4 July 2023.Upcoming Dividend • Jun 23Upcoming dividend of kr.2.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 04 July 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Danish dividend payers (4.5%). Lower than average of industry peers (3.6%).お知らせ • Jun 07Matas A/S Announces Lars Jensen Has Notifies the Board of Directors That He Will Not Stand for Re-Election as DirectorMatas A/S at its Annual General Meeting to be held on 29 June 2023, Lars Jensen has notified the Board of Directors that he will not stand for re-election due to his commitments as CEO.Reported Earnings • Jun 01Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: kr.7.41 (up from kr.7.27 in FY 2022). Revenue: kr.4.49b (up 3.3% from FY 2022). Net income: kr.280.7m (up 1.5% from FY 2022). Profit margin: 6.3% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.お知らせ • Jun 01+ 1 more updateMatas A/S Provides Earnings Guidance for the Year 2023/2024Matas A/S provided earnings guidance for the year 2023/2024. For the year, the company organic revenue is expected to grow between 3% and 6%.Buying Opportunity • May 31Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be kr.107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 5.4% in 2 years. Earnings is forecast to grow by 1.0% in the next 2 years.Price Target Changed • May 26Price target increased by 8.1% to kr.123Up from kr.113, the current price target is an average from 3 analysts. New target price is 35% above last closing price of kr.91.00. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of kr.7.95 for next year compared to kr.7.27 last year.お知らせ • May 19+ 4 more updatesMatas A/S to Report Fiscal Year 2024 Results on May 28, 2024Matas A/S announced that they will report fiscal year 2024 results on May 28, 2024Buying Opportunity • Apr 17Now 22% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be kr.108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 3.6% in 2 years. Earnings is forecast to grow by 1.0% in the next 2 years.Buying Opportunity • Feb 10Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be kr.107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 3.6% in 2 years. Earnings is forecast to grow by 1.0% in the next 2 years.Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: kr.3.88 (vs kr.3.87 in 3Q 2022)Third quarter 2023 results: EPS: kr.3.88 (up from kr.3.87 in 3Q 2022). Revenue: kr.1.40b (up 1.3% from 3Q 2022). Net income: kr.147.3m (flat on 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.お知らせ • Jan 05Matas A/S Revises Revenue Guidance for the Financial Year 2022/23Matas A/S revised revenue guidance for the financial year 2022/23. For the year, the company narrows its guidance for the financial year 2022/23 and now expects revenue growth between 1% and 3%, previously between 1% and 4%.Reported Earnings • Nov 16Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: kr.1.23 (up from kr.0.95 in 2Q 2022). Revenue: kr.989.2m (up 1.6% from 2Q 2022). Net income: kr.46.7m (up 28% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.Reported Earnings • Nov 11Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: kr.1.23 (up from kr.0.95 in 2Q 2022). Revenue: kr.989.2m (up 1.6% from 2Q 2022). Net income: kr.46.7m (up 28% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.Price Target Changed • Oct 21Price target decreased to kr.121Down from kr.140, the current price target is an average from 2 analysts. New target price is 75% above last closing price of kr.69.30. Stock is down 44% over the past year. The company is forecast to post earnings per share of kr.8.42 for next year compared to kr.7.27 last year.Reported Earnings • Aug 20First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: kr.1.83 (up from kr.1.41 in 1Q 2022). Revenue: kr.1.05b (up 3.2% from 1Q 2022). Net income: kr.69.1m (up 28% from 1Q 2022). Profit margin: 6.6% (up from 5.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 2.8%, compared to a 6.3% growth forecast for the Specialty Retail industry in Denmark. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.Major Estimate Revision • Aug 18Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from kr.7.57 to kr.8.63. Revenue forecast steady at kr.4.47b. Net income forecast to grow 14% next year vs 3.3% growth forecast for Specialty Retail industry in Denmark. Consensus price target down from kr.140 to kr.136. Share price rose 8.1% to kr.82.90 over the past week.Upcoming Dividend • Jun 22Upcoming dividend of kr.2.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Danish dividend payers (6.6%). Lower than average of industry peers (4.3%).Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate fell from kr.9.22 to kr.7.43 per share. Revenue forecast steady at kr.4.47b. Net income forecast to grow 1.2% next year vs 8.7% growth forecast for Specialty Retail industry in Denmark. Consensus price target down from kr.145 to kr.142. Share price fell 4.8% to kr.87.80 over the past week.お知らせ • Jun 03+ 1 more updateMatas A/S to Report Fiscal Year 2023 Results on May 31, 2023Matas A/S announced that they will report fiscal year 2023 results on May 31, 2023Reported Earnings • Jun 02Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: kr.7.27 (up from kr.7.03 in FY 2021). Revenue: kr.4.34b (up 4.3% from FY 2021). Net income: kr.276.5m (up 2.8% from FY 2021). Profit margin: 6.4% (down from 6.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 3.2%, compared to a 7.6% growth forecast for the retail industry in Denmark. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year.Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: kr.3.87 (down from kr.4.04 in 3Q 2021). Revenue: kr.1.38b (up 5.0% from 3Q 2021). Net income: kr.146.7m (down 5.0% from 3Q 2021). Profit margin: 11% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 2.3%, compared to a 16% growth forecast for the industry in Denmark. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.業績と収益の成長予測CPSE:MATAS - アナリストの将来予測と過去の財務データ ( )DKK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202910,153N/AN/AN/A13/31/20289,7505208601,11633/31/20279,2394448091,01633/31/20268,760299752933312/31/20258,673271270734N/A9/30/20258,591287280845N/A6/30/20258,497287337945N/A3/31/20258,37928213715N/A12/31/20248,259240-39605N/A9/30/20248,073201144747N/A6/30/20247,50717985634N/A3/31/20246,701169239645N/A12/31/20235,993232478834N/A9/30/20234,881216301566N/A6/30/20234,586261526786N/A3/31/20234,489281424678N/A12/31/20224,410302555776N/A9/30/20224,392302359583N/A6/30/20224,376292383567N/A3/31/20224,344277327511N/A12/31/20214,345254350534N/A9/30/20214,279261581750N/A6/30/20214,238276585739N/A3/31/20214,164269804952N/A12/31/20204,009254735909N/A9/30/20203,870217494675N/A6/30/20203,760192474665N/A3/31/20203,689191254447N/A12/31/20193,699223316481N/A9/30/20193,618228N/A525N/A6/30/20193,573238N/A457N/A3/31/20193,541263N/A473N/A12/31/20183,483262N/A412N/A9/30/20183,465273N/A406N/A6/30/20183,478277N/A412N/A3/31/20183,465280N/A384N/A12/31/20173,475301N/A451N/A9/30/20173,464314N/A521N/A6/30/20173,446328N/A475N/A3/31/20173,463339N/A483N/A12/31/20163,449340N/A502N/A9/30/20163,436346N/A423N/A6/30/20163,448363N/A455N/A3/31/20163,426365N/A567N/A12/31/20153,433374N/A544N/A9/30/20153,423365N/A486N/A6/30/20153,433359N/A439N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MATASの予測収益成長率 (年間29.8% ) は 貯蓄率 ( 2% ) を上回っています。収益対市場: MATASの収益 ( 29.8% ) はDanish市場 ( 9.2% ) よりも速いペースで成長すると予測されています。高成長収益: MATASの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: MATASの収益 ( 4.4% ) Danish市場 ( 3.7% ) よりも速いペースで成長すると予測されています。高い収益成長: MATASの収益 ( 4.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MATASの 自己資本利益率 は、3年後には低くなると予測されています ( 12.1 %)。成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance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2026/05/08 00:30終値2026/05/08 00:00収益2025/12/31年間収益2025/03/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Matas A/S 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。6 アナリスト機関Alexander BorreskovCarnegie Investment Bank ABPoul JessenDanske BankMads QuistgaardDNB Carnegie3 その他のアナリストを表示
分析記事 • Feb 08Matas A/S (CPH:MATAS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from Matas A/S ( CPH:MATAS ), an important milestone in the...
Price Target Changed • Jan 12Price target decreased by 8.5% to kr.163Down from kr.178, the current price target is an average from 2 analysts. New target price is 58% above last closing price of kr.103. Stock is down 23% over the past year. The company is forecast to post earnings per share of kr.8.89 for next year compared to kr.7.42 last year.
お知らせ • Jan 09Matas A/S Revises Group Earnings Guidance for the Financial Year 2025/26Matas A/S revised group earnings guidance for the financial year 2025/26. For the year, the group revenue is now expected to grow between 3% and 4% as compared to 3% and 7% previously.
分析記事 • Nov 15Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Second-Quarter ReportLast week, you might have seen that Matas A/S ( CPH:MATAS ) released its quarterly result to the market. The early...
分析記事 • Aug 16Here's What Analysts Are Forecasting For Matas A/S (CPH:MATAS) After Its First-Quarter ResultsCPSE:MATAS 1 Year Share Price vs Fair Value Explore Matas's Fair Values from the Community and select yours It's been a...
Major Estimate Revision • May 30Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from kr.11.76 to kr.10.02 per share. Revenue forecast steady at kr.8.96b. Net income forecast to grow 33% next year vs 32% growth forecast for Specialty Retail industry in Denmark. Consensus price target of kr.180 unchanged from last update. Share price fell 3.4% to kr.135 over the past week.
分析記事 • Feb 08Matas A/S (CPH:MATAS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next YearLast week saw the newest third-quarter earnings release from Matas A/S ( CPH:MATAS ), an important milestone in the...
Reported Earnings • Feb 06Third quarter 2026 earnings released: EPS: kr.4.95 (vs kr.5.30 in 3Q 2025)Third quarter 2026 results: EPS: kr.4.95 (down from kr.5.30 in 3Q 2025). Revenue: kr.2.78b (up 3.0% from 3Q 2025). Net income: kr.186.0m (down 7.5% from 3Q 2025). Profit margin: 6.7% (down from 7.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Feb 05+ 3 more updatesMatas A/S to Report Q3, 2027 Results on Feb 03, 2027Matas A/S announced that they will report Q3, 2027 results on Feb 03, 2027
Price Target Changed • Jan 12Price target decreased by 8.5% to kr.163Down from kr.178, the current price target is an average from 2 analysts. New target price is 58% above last closing price of kr.103. Stock is down 23% over the past year. The company is forecast to post earnings per share of kr.8.89 for next year compared to kr.7.42 last year.
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr.103, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 45% over the past three years.
お知らせ • Jan 09Matas A/S Revises Group Earnings Guidance for the Financial Year 2025/26Matas A/S revised group earnings guidance for the financial year 2025/26. For the year, the group revenue is now expected to grow between 3% and 4% as compared to 3% and 7% previously.
分析記事 • Nov 15Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Second-Quarter ReportLast week, you might have seen that Matas A/S ( CPH:MATAS ) released its quarterly result to the market. The early...
Reported Earnings • Nov 13Second quarter 2026 earnings released: EPS: kr.0.64 (vs kr.0.64 in 2Q 2025)Second quarter 2026 results: EPS: kr.0.64 (in line with 2Q 2025). Revenue: kr.1.95b (up 5.1% from 2Q 2025). Net income: kr.24.0m (flat on 2Q 2025). Profit margin: 1.2% (down from 1.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
分析記事 • Aug 16Here's What Analysts Are Forecasting For Matas A/S (CPH:MATAS) After Its First-Quarter ResultsCPSE:MATAS 1 Year Share Price vs Fair Value Explore Matas's Fair Values from the Community and select yours It's been a...
分析記事 • Aug 15When Should You Buy Matas A/S (CPH:MATAS)?CPSE:MATAS 1 Year Share Price vs Fair Value Explore Matas's Fair Values from the Community and select yours Matas A/S...
Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: kr.1.67 (vs kr.1.56 in 1Q 2025)First quarter 2026 results: EPS: kr.1.67 (up from kr.1.56 in 1Q 2025). Revenue: kr.2.07b (up 6.0% from 1Q 2025). Net income: kr.64.0m (up 8.5% from 1Q 2025). Profit margin: 3.1% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Jun 23Matas A/S (CPSE:MATAS) commences an Equity Buyback Plan, under the authorization approved on June 16, 2025.Matas A/S (CPSE:MATAS) commences share repurchases on June 17, 2025, under the program mandated by the shareholders in the Annual General Meeting held on June 16, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital, such that the company’s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital. The purchase price must not deviate by more than 10% from the price quoted on NASDAQ OMX Copenhagen at the time of purchase. The share repurchase program is valid until the next Annual General Meeting in 2026. As of May 23, 2025, the company had 38,291,492 shares in issue. On June 16, 2025, the company announced a share buyback program. Under the program, company will repurchase up to 1,400,000 shares, for DKK 140 million. The purpose of program is reducing the Company’s share capital and meeting obligations under long-term incentive program. The Program will run in the period from June 17, 2025 until and including March 31, 2026.
分析記事 • Jun 16Matas' (CPH:MATAS) Dividend Will Be DKK2.00Matas A/S' ( CPH:MATAS ) investors are due to receive a payment of DKK2.00 per share on 19th of June. The dividend...
Declared Dividend • Jun 16Dividend of kr.2.00 announcedDividend of kr.2.00 is the same as last year. Ex-date: 17th June 2025 Payment date: 19th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 10Shareholders Will Probably Hold Off On Increasing Matas A/S' (CPH:MATAS) CEO Compensation For The Time BeingKey Insights Matas will host its Annual General Meeting on 16th of June Total pay for CEO Gregers Wedell-Wedellsborg...
New Risk • Jun 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Dividend per share is over 5x cash flows per share. Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).
Major Estimate Revision • May 30Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from kr.11.76 to kr.10.02 per share. Revenue forecast steady at kr.8.96b. Net income forecast to grow 33% next year vs 32% growth forecast for Specialty Retail industry in Denmark. Consensus price target of kr.180 unchanged from last update. Share price fell 3.4% to kr.135 over the past week.
分析記事 • May 24Returns At Matas (CPH:MATAS) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Reported Earnings • May 23Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr.7.42 (up from kr.4.45 in FY 2024). Revenue: kr.8.38b (up 25% from FY 2024). Net income: kr.282.0m (up 67% from FY 2024). Profit margin: 3.4% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.6%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • May 23+ 1 more updateMatas A/S Proposes Dividend for the 2024/25, Payable on 19 June 2025Matas A/S at its AGM to be held on June 12, 2025 proposed distribution of profits in accordance with the adopted Annual Report for 2024/25, including distribution of dividends of DKK 2.00 per share of a nominal value of DKK 2.50. Dividends are expected to be paid on 19 June 2025, subject to adoption by the general meeting. Matas Group will also launch an up to DKK 100 million share buyback programme, subject to renewed mandate to purchase own shares by the general meeting, M&A activity and the financial gearing level.
分析記事 • May 03What Is Matas A/S's (CPH:MATAS) Share Price Doing?Matas A/S ( CPH:MATAS ), is not the largest company out there, but it saw a decent share price growth of 17% on the...
お知らせ • Apr 26Matas A/S, Annual General Meeting, Jun 16, 2025Matas A/S, Annual General Meeting, Jun 16, 2025.
分析記事 • Apr 05Is Matas (CPH:MATAS) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 06Shareholders Should Be Pleased With Matas A/S' (CPH:MATAS) PriceMatas A/S' ( CPH:MATAS ) price-to-earnings (or "P/E") ratio of 21.6x might make it look like a strong sell right now...
分析記事 • Feb 08Analyst Estimates: Here's What Brokers Think Of Matas A/S (CPH:MATAS) After Its Third-Quarter ReportShareholders might have noticed that Matas A/S ( CPH:MATAS ) filed its third-quarter result this time last week. The...
Reported Earnings • Feb 06Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: kr.5.30 (up from kr.4.29 in 3Q 2024). Revenue: kr.2.69b (up 7.4% from 3Q 2024). Net income: kr.201.0m (up 23% from 3Q 2024). Profit margin: 7.5% (up from 6.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Feb 05+ 3 more updatesMatas A/S to Report Fiscal Year 2026 Results on May 19, 2026Matas A/S announced that they will report fiscal year 2026 results on May 19, 2026
お知らせ • Jan 07Matas A/S Updates Earnings Guidance for the Financial Year 2024/25Matas A/S updated earnings guidance for the financial year 2024/25. Matas Group updated its guidance for the financial year 2024/25 as follows: Group revenue is now expected to grow between 6.5% and 7.5% (from 5% and 7%) currency neutral, corresponding to ~6.3% to 7.3% exchange rate adjusted1 (previously ~4.6% to 6.6%), from the proforma revenue for 2023/24 of DKK 7.8 billion.
Recent Insider Transactions • Dec 15Chief Executive Officer recently sold kr.13m worth of stockOn the 10th of December, Gregers Wedell-Wedellsborg sold around 100k shares on-market at roughly kr.132 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregers' only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 21Chief Financial Officer recently bought kr.991k worth of stockOn the 15th of November, Per Madsen bought around 8k shares on-market at roughly kr.124 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Per's only on-market trade for the last 12 months.
Reported Earnings • Nov 17Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: kr.0.64 (up from kr.0.04 in 2Q 2024). Revenue: kr.1.85b (up 44% from 2Q 2024). Net income: kr.24.0m (up kr.22.4m from 2Q 2024). Profit margin: 1.3% (up from 0.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Oct 24Matas A/S ALMINDELIG AKTIE to Be Deleted from OTC EquityMatas A/S ALMINDELIG AKTIE (Denmark) will be deleted from OTC Equity effective October 23, 2024, due to Inactive Security.
分析記事 • Aug 22Matas' (CPH:MATAS) Conservative Accounting Might Explain Soft EarningsMatas A/S' ( CPH:MATAS ) stock was strong despite it releasing a soft earnings report last week. However, we think the...
分析記事 • Aug 17Matas A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextMatas A/S ( CPH:MATAS ) just released its quarterly report and things are looking bullish. It was overall a positive...
Reported Earnings • Aug 15First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: kr.1.56 (up from kr.1.29 in 1Q 2024). Revenue: kr.1.96b (up 70% from 1Q 2024). Net income: kr.59.0m (up 20% from 1Q 2024). Profit margin: 3.0% (down from 4.3% in 1Q 2024). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 14Price target increased by 8.9% to kr.163Up from kr.150, the current price target is an average from 3 analysts. New target price is 28% above last closing price of kr.128. Stock is up 31% over the past year. The company is forecast to post earnings per share of kr.7.99 for next year compared to kr.4.45 last year.
お知らせ • Jun 20+ 1 more updateMatas A/S Appoints Barbara Plucnar Jensen and Espen Eldal as New Members of the Board of DirectorsMatas A/S at its AGM held on 19 June 2024 announced the Barbara Plucnar Jensen and Espen Eldal were elected as new members of the Board of Directors.
Upcoming Dividend • Jun 15Upcoming dividend of kr.2.00 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Danish dividend payers (5.5%). Lower than average of industry peers (3.5%).
Declared Dividend • Jun 13Dividend of kr.2.00 announcedDividend of kr.2.00 is the same as last year. Ex-date: 20th June 2024 Payment date: 24th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 134% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 13Increases to Matas A/S' (CPH:MATAS) CEO Compensation Might Cool off for nowKey Insights Matas to hold its Annual General Meeting on 19th of June Total pay for CEO Gregers Wedell-Wedellsborg...
Major Estimate Revision • Jun 04Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from kr.8.13b to kr.8.24b. EPS estimate fell from kr.9.01 to kr.7.70 per share. Net income forecast to grow 72% next year vs 31% growth forecast for Specialty Retail industry in Denmark. Consensus price target up from kr.150 to kr.155. Share price fell 7.5% to kr.116 over the past week.
お知らせ • May 29+ 3 more updatesMatas A/S to Report Q1, 2025 Results on Aug 14, 2024Matas A/S announced that they will report Q1, 2025 results on Aug 14, 2024
Reported Earnings • May 29Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: kr.4.45 (down from kr.7.41 in FY 2023). Revenue: kr.6.70b (up 49% from FY 2023). Net income: kr.169.0m (down 40% from FY 2023). Profit margin: 2.5% (down from 6.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
分析記事 • Feb 15Matas' (CPH:MATAS) Soft Earnings Don't Show The Whole PictureMatas A/S' ( CPH:MATAS ) earnings announcement last week didn't impress shareholders. While the headline numbers were...
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: kr.4.29 (vs kr.3.88 in 3Q 2023)Third quarter 2024 results: EPS: kr.4.29 (up from kr.3.88 in 3Q 2023). Revenue: kr.2.51b (up 80% from 3Q 2023). Net income: kr.163.2m (up 11% from 3Q 2023). Profit margin: 6.5% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Price Target Changed • Jan 24Price target increased by 7.1% to kr.150Up from kr.140, the current price target is an average from 3 analysts. New target price is 24% above last closing price of kr.121. Stock is up 67% over the past year. The company is forecast to post earnings per share of kr.5.65 for next year compared to kr.7.41 last year.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr.129, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 65% over the past three years.
お知らせ • Jan 09Matas A/S Provides Revised Earnings Guidance for the Year 2024Matas A/S provided revised earnings guidance for the year 2024. Group total revenue is now expected in the range of DKK 6,650 million to DKK 6,750 million (previously DKK 6,400 million to DKK 6,600 million).
Reported Earnings • Nov 15Second quarter 2024 earnings released: EPS: kr.0.04 (vs kr.1.23 in 2Q 2023)Second quarter 2024 results: EPS: kr.0.04 (down from kr.1.23 in 2Q 2023). Revenue: kr.1.29b (up 30% from 2Q 2023). Net income: kr.1.60m (down 97% from 2Q 2023). Profit margin: 0.1% (down from 4.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Nov 11Matas A/S Maintains Earnings Guidance for the Financial Year 2024Matas A/S maintained earnings guidance for the financial year 2024. The company maintains its guidance for the financial year 2023/24 to revenue in the range of DKK 6,400 million - DKK 6,600 million.
Recent Insider Transactions • Sep 11Chief Executive Officer recently sold kr.5.7m worth of stockOn the 6th of September, Gregers Wedell-Wedellsborg sold around 51k shares on-market at roughly kr.110 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregers' only on-market trade for the last 12 months.
お知らせ • Sep 01Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB.Matas A/S (CPSE:MATAS) signed an agreement to acquire Kicks AB from Axel Johnson AB for SEK 1.1 billion on June 29, 2023. The consideration will be satisfied with cash. Transaction will be fully debt financed. The transaction is expected to close in Q3 of the calendar year 2023 and is not subject to any regulatory approvals. FIH Partners is acting as financial advisor to Matas and Gorrissen Federspiel is acting as legal advisor to Matas on the transaction. Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB on August 31, 2023.
お知らせ • Aug 17Matas A/S Upgrades Earnings Guidance for the Financial Year 2023/24Matas A/S upgraded earnings guidance for the financial year 2023/24. For the year, the company revenue growth is now expected to be in the range of 4%-7% (previously 3%-6%).
Reported Earnings • Aug 17First quarter 2024 earnings released: EPS: kr.1.29 (vs kr.1.83 in 1Q 2023)First quarter 2024 results: EPS: kr.1.29 (down from kr.1.83 in 1Q 2023). Revenue: kr.1.15b (up 9.2% from 1Q 2023). Net income: kr.49.0m (down 29% from 1Q 2023). Profit margin: 4.3% (down from 6.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year.
New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).
Major Estimate Revision • Jul 02Consensus revenue estimates increase by 18%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from kr.4.69b to kr.5.54b. EPS estimate fell from kr.7.42 to kr.6.71. Net income forecast to shrink 10% next year vs 14% growth forecast for Specialty Retail industry in Denmark . Consensus price target up from kr.123 to kr.133. Share price rose 20% to kr.101 over the past week.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to kr.100, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total returns to shareholders of 78% over the past three years.
お知らせ • Jun 30+ 1 more updateMatas A/S Approves Dividend, Payable on July 4, 2023The board of directors of Matas A/S at its AGM held on June 29, 2023, approved that a dividend of DKK 2.00 per share, of a nominal value of DKK 2.50. Dividends are expected to be paid on 4 July 2023.
Upcoming Dividend • Jun 23Upcoming dividend of kr.2.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 04 July 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Danish dividend payers (4.5%). Lower than average of industry peers (3.6%).
お知らせ • Jun 07Matas A/S Announces Lars Jensen Has Notifies the Board of Directors That He Will Not Stand for Re-Election as DirectorMatas A/S at its Annual General Meeting to be held on 29 June 2023, Lars Jensen has notified the Board of Directors that he will not stand for re-election due to his commitments as CEO.
Reported Earnings • Jun 01Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: kr.7.41 (up from kr.7.27 in FY 2022). Revenue: kr.4.49b (up 3.3% from FY 2022). Net income: kr.280.7m (up 1.5% from FY 2022). Profit margin: 6.3% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Jun 01+ 1 more updateMatas A/S Provides Earnings Guidance for the Year 2023/2024Matas A/S provided earnings guidance for the year 2023/2024. For the year, the company organic revenue is expected to grow between 3% and 6%.
Buying Opportunity • May 31Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be kr.107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 5.4% in 2 years. Earnings is forecast to grow by 1.0% in the next 2 years.
Price Target Changed • May 26Price target increased by 8.1% to kr.123Up from kr.113, the current price target is an average from 3 analysts. New target price is 35% above last closing price of kr.91.00. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of kr.7.95 for next year compared to kr.7.27 last year.
お知らせ • May 19+ 4 more updatesMatas A/S to Report Fiscal Year 2024 Results on May 28, 2024Matas A/S announced that they will report fiscal year 2024 results on May 28, 2024
Buying Opportunity • Apr 17Now 22% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be kr.108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 3.6% in 2 years. Earnings is forecast to grow by 1.0% in the next 2 years.
Buying Opportunity • Feb 10Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be kr.107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 3.6% in 2 years. Earnings is forecast to grow by 1.0% in the next 2 years.
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: kr.3.88 (vs kr.3.87 in 3Q 2022)Third quarter 2023 results: EPS: kr.3.88 (up from kr.3.87 in 3Q 2022). Revenue: kr.1.40b (up 1.3% from 3Q 2022). Net income: kr.147.3m (flat on 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Jan 05Matas A/S Revises Revenue Guidance for the Financial Year 2022/23Matas A/S revised revenue guidance for the financial year 2022/23. For the year, the company narrows its guidance for the financial year 2022/23 and now expects revenue growth between 1% and 3%, previously between 1% and 4%.
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: kr.1.23 (up from kr.0.95 in 2Q 2022). Revenue: kr.989.2m (up 1.6% from 2Q 2022). Net income: kr.46.7m (up 28% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
Reported Earnings • Nov 11Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: kr.1.23 (up from kr.0.95 in 2Q 2022). Revenue: kr.989.2m (up 1.6% from 2Q 2022). Net income: kr.46.7m (up 28% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
Price Target Changed • Oct 21Price target decreased to kr.121Down from kr.140, the current price target is an average from 2 analysts. New target price is 75% above last closing price of kr.69.30. Stock is down 44% over the past year. The company is forecast to post earnings per share of kr.8.42 for next year compared to kr.7.27 last year.
Reported Earnings • Aug 20First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: kr.1.83 (up from kr.1.41 in 1Q 2022). Revenue: kr.1.05b (up 3.2% from 1Q 2022). Net income: kr.69.1m (up 28% from 1Q 2022). Profit margin: 6.6% (up from 5.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 2.8%, compared to a 6.3% growth forecast for the Specialty Retail industry in Denmark. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.
Major Estimate Revision • Aug 18Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from kr.7.57 to kr.8.63. Revenue forecast steady at kr.4.47b. Net income forecast to grow 14% next year vs 3.3% growth forecast for Specialty Retail industry in Denmark. Consensus price target down from kr.140 to kr.136. Share price rose 8.1% to kr.82.90 over the past week.
Upcoming Dividend • Jun 22Upcoming dividend of kr.2.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Danish dividend payers (6.6%). Lower than average of industry peers (4.3%).
Major Estimate Revision • Jun 08Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate fell from kr.9.22 to kr.7.43 per share. Revenue forecast steady at kr.4.47b. Net income forecast to grow 1.2% next year vs 8.7% growth forecast for Specialty Retail industry in Denmark. Consensus price target down from kr.145 to kr.142. Share price fell 4.8% to kr.87.80 over the past week.
お知らせ • Jun 03+ 1 more updateMatas A/S to Report Fiscal Year 2023 Results on May 31, 2023Matas A/S announced that they will report fiscal year 2023 results on May 31, 2023
Reported Earnings • Jun 02Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: kr.7.27 (up from kr.7.03 in FY 2021). Revenue: kr.4.34b (up 4.3% from FY 2021). Net income: kr.276.5m (up 2.8% from FY 2021). Profit margin: 6.4% (down from 6.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 3.2%, compared to a 7.6% growth forecast for the retail industry in Denmark. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year.
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: kr.3.87 (down from kr.4.04 in 3Q 2021). Revenue: kr.1.38b (up 5.0% from 3Q 2021). Net income: kr.146.7m (down 5.0% from 3Q 2021). Profit margin: 11% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 2.3%, compared to a 16% growth forecast for the industry in Denmark. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.