TCM Group（0CUN）株式概要TCMグループA/Sは、デンマーク、ノルウェー、そして国際的に、バスルームや収納のためのキッチンや家具製品を製造・販売している。 詳細0CUN ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長3/6過去の実績3/6財務の健全性2/6配当金4/6報酬当社が推定した公正価値より69.3%で取引されている 収益は年間14.26%増加すると予測されています 過去1年間で収益は28.5%増加しました リスク分析株式の流動性は非常に低い 多額の負債を抱えている 不安定な配当実績 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る0CUN 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 ValueDKK Current PriceDKK 68.702.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue DKK 1.8bEarnings DKK 111.3mAdvancedSet Fair ValueView all narrativesTCM Group A/S 競合他社Colefax GroupSymbol: AIM:CFXMarket cap: UK£67.9mSanderson Design GroupSymbol: AIM:SDGMarket cap: UK£52.0mAIREASymbol: AIM:AIEAMarket cap: UK£10.0mFocusriteSymbol: AIM:TUNEMarket cap: UK£108.9m価格と性能株価の高値、安値、推移の概要TCM Group過去の株価現在の株価DKK 68.7052週高値DKK 75.0052週安値DKK 65.00ベータ1.121ヶ月の変化1.63%3ヶ月変化n/a1年変化n/a3年間の変化-4.58%5年間の変化-58.24%IPOからの変化-33.56%最新ニュースReported Earnings • 11hFirst quarter 2026 earnings released: EPS: kr.1.45 (vs kr.1.16 in 1Q 2025)First quarter 2026 results: EPS: kr.1.45 (up from kr.1.16 in 1Q 2025). Revenue: kr.362.4m (up 18% from 1Q 2025). Net income: kr.15.0m (up 24% from 1Q 2025). Profit margin: 4.1% (up from 3.9% in 1Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • 21hTCM Group A/S Maintains Earnings Guidance for the Full Year of 2026TCM Group A/S maintained earnings guidance for the full year of 2026. For the year, the company expects revenue to be in the range of DKK 1,400 million to DKK 1,500 million .お知らせ • Apr 09+ 1 more updateTCM Group A/S Approves Rodolfo Zeidler Election to the BoardTCM Group A/S at its AGM held on 9 April 2026 approved Rodolfo Zeidler election to the board.Declared Dividend • Apr 09Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Mar 18Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Mar 02Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.最新情報をもっと見るRecent updatesReported Earnings • 11hFirst quarter 2026 earnings released: EPS: kr.1.45 (vs kr.1.16 in 1Q 2025)First quarter 2026 results: EPS: kr.1.45 (up from kr.1.16 in 1Q 2025). Revenue: kr.362.4m (up 18% from 1Q 2025). Net income: kr.15.0m (up 24% from 1Q 2025). Profit margin: 4.1% (up from 3.9% in 1Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • 21hTCM Group A/S Maintains Earnings Guidance for the Full Year of 2026TCM Group A/S maintained earnings guidance for the full year of 2026. For the year, the company expects revenue to be in the range of DKK 1,400 million to DKK 1,500 million .お知らせ • Apr 09+ 1 more updateTCM Group A/S Approves Rodolfo Zeidler Election to the BoardTCM Group A/S at its AGM held on 9 April 2026 approved Rodolfo Zeidler election to the board.Declared Dividend • Apr 09Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Mar 18Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Mar 02Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 28Full year 2025 earnings released: EPS: kr.7.51 (vs kr.5.52 in FY 2024)Full year 2025 results: EPS: kr.7.51 (up from kr.5.52 in FY 2024). Revenue: kr.1.28b (up 6.3% from FY 2024). Net income: kr.77.8m (up 35% from FY 2024). Profit margin: 6.1% (up from 4.8% in FY 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Feb 26TCM Group A/S Proposes Ordinary Dividend for 2025TCM Group A/S's board of directors will propose to the Annual General Meeting an ordinary dividend of DKK 4.50 per share for 2025. This corresponds to a total distribution of DKK 46 million, representing 60% of the net profit for 2025 and in line with the company’s dividend policy.お知らせ • Feb 25TCM Group A/S Provides Earnings Guidance for 2026TCM Group A/S provided earnings guidance for 2026. For the year, the company estimates revenue to be in the range DKK 1,400 - DKK 1,500 million.お知らせ • Jan 30TCM Group A/S Announces CFO ChangesTCM Group A/S announced that CFO Jan B. Madsen will step down from his position as CFO in TCM Group no later than July 31, 2026. The recruitment process for a new CFO will commence immediately. Hans Barslund has been appointed Interim CFO and will assume the role until a permanent CFO has been appointed.お知らせ • Dec 19+ 3 more updatesTCM Group A/S to Report Q3, 2026 Results on Nov 19, 2026TCM Group A/S announced that they will report Q3, 2026 results on Nov 19, 2026Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: kr.0.93 (vs kr.0.84 in 3Q 2024)Third quarter 2025 results: EPS: kr.0.93 (up from kr.0.84 in 3Q 2024). Revenue: kr.288.9m (up 4.0% from 3Q 2024). Net income: kr.9.60m (up 9.1% from 3Q 2024). Profit margin: 3.3% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Nov 26+ 1 more updateTCM Group A/S (CPSE:TCM) cacquired 55% stake in Celebert Aps.TCM Group A/S (CPSE:TCM) entered into an agreement to acquire remaining 55% stake in Celebert Aps for DKK 80 million on August 6, 2025. By acquiring the remaining stake, we will gain full control of this important sales channel, enabling further sales and cost synergies. The purchase price for the 55% stake in Celebert ApS, on a debt-free basis, is expected to be in the range of DKK 60-85 million. The final purchase price for the shares has not yet been determined, as a number of outstanding issues are being discussed by the parties but will not exceed DKK 87.5 million. As of November 10, 2025 TCM Group agreed on the final purchase price with the seller for the remaining 55% of shares in Celebert ApS. The agreed purchase price amounts to DKK 80 million. On November 19, 2025 the Danish competition authorities approved the transaction, and we expect it to close November 25, 2025. The purchase price for the shares will be paid in cash by TCM Group A/S and financed through a combination of existing and new bank credit facilities. The transaction is subject to usual regulatory approvals including an approval from the competition authorities and is expected to close in Q4 2025 TCM Group A/S (CPSE:TCM) completed the acquisition of 55% stake in Celebert Aps on November 25, 2025.お知らせ • Aug 29TCM Group A/S Announces CFO ChangesTCM Group A/S appointed Jan Boendorf Madsen as Chief Financial Officer, effective 1 November 2025. Jan is a business-oriented CFO with a solid financial toolbox and broad leadership experience. He has held senior financial roles in several companies, including with the VKR Group, a leading Danish manufacturer in the window industry. Throughout his career, Jan has successfully combined strong financial management, supporting growth, operational efficiency, and strategic development. With his background, TCM Group will benefit from valuable expertise in industries with production complexities similar to the own. The current CFO, Thomas Hjannung, who resigned in May 2025, will remain with TCM Group during a short transition period in November to ensure a smooth handover.お知らせ • Jun 03Thomas Hjannung to Step Down as CFO of TCM Group A/S, no Later Than November 30, 2025TCM Group A/S announced that Thomas Hjannung has decided to step down as CFO in TCM Group to pursue new opportunities outside TCM Group and the kitchen industry. Thomas will step down as CFO no later than November 30, 2025, or when a successor has been appointed, and he will assist in ensuring a smooth transition to his successor.お知らせ • Apr 03TCM Group A/S announces Annual dividend, payable on April 14, 2025TCM Group A/S announced Annual dividend of DKK 3.0000 per share payable on April 14, 2025, ex-date on April 10, 2025 and record date on April 11, 2025.New Risk • Mar 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Major Risk Shares are highly illiquid. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Feb 27Full year 2024 earnings released: EPS: kr.5.52 (vs kr.2.20 in FY 2023)Full year 2024 results: EPS: kr.5.52 (up from kr.2.20 in FY 2023). Revenue: kr.1.20b (up 8.3% from FY 2023). Net income: kr.57.7m (up 168% from FY 2023). Profit margin: 4.8% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27TCM Group A/S, Annual General Meeting, Apr 09, 2026TCM Group A/S, Annual General Meeting, Apr 09, 2026.お知らせ • Feb 26+ 2 more updatesTCM Group A/S Provides Earnings Guidance for the Year 2025TCM Group A/S provided earnings guidance for the year 2025. For the year, revenue to be in the range of DKK 1,250 million to DKK 1,400 million.お知らせ • Dec 11+ 3 more updatesTCM Group A/S to Report Q1, 2025 Results on May 21, 2025TCM Group A/S announced that they will report Q1, 2025 results on May 21, 2025Reported Earnings • Nov 26Third quarter 2024 earnings released: EPS: kr.0.84 (vs kr.0.16 loss in 3Q 2023)Third quarter 2024 results: EPS: kr.0.84 (up from kr.0.16 loss in 3Q 2023). Revenue: kr.277.7m (up 7.8% from 3Q 2023). Net income: kr.8.80m (up kr.10.5m from 3Q 2023). Profit margin: 3.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.お知らせ • Nov 22TCM Group A/S Revises Earnings Guidance for the Year 2024TCM Group A/S revised earnings guidance for the year 2024. For the year, revenue to be in the range of DKK 1,150 million to DKK 1,200 million (previously DKK 1,125 million to DKK 1,200 million).お知らせ • Aug 16TCM Group A/S Revises Earnings Guidance for the Year 2024TCM Group A/S revised earnings guidance for the year 2024. For the year, the company expects revenue of DKK 1,125 million to DKK 1,200 million compared to previously guidance of DKK 1,000 million to DKK 1,150 million.お知らせ • May 18TCM Group A/S Reiterates Earnings Guidance for Full Year 2024TCM Group A/S reiterated earnings guidance for full year 2024. For the year, company expects revenue is in the range of DKK 1,000 million to DKK 1,150 million.お知らせ • Apr 12TCM Group A/S Elects Björn Olsson Lissner to the Board of DirectorsTCM Group A/S announced that the Annual General Meeting was held 11 April 2024, Björn Olsson Lissner was elected to the Board of Directors.お知らせ • Mar 21TCM Group A/S Announces That Sanna Suvanto-Harsaae Does Not Seek Re-Election as Chairman and Member of Board of DirectorsTCM Group A/S announced that Chairman of the company, Sanna Suvanto-Harsaae, has informed the Board of Directors that she does not seek re-election at the annual general meeting on 11 April 2024. Sanna Suvanto-Harsaae has been chairman for eight years, during which time the company has developed significantly through, amongst others, the IPO in 2017 and several acquisitions. The Board of Directors will constitute itself following the annual general meeting. The Board of Directors expects to appoint the current vice-chair since 2018, Anders Skole-Sørensen, as chairman.お知らせ • Nov 21+ 4 more updatesTCM Group A/S, Annual General Meeting, Apr 09, 2025TCM Group A/S, Annual General Meeting, Apr 09, 2025.Reported Earnings • Nov 18Third quarter 2023 earnings released: kr.0.16 loss per share (vs kr.1.07 profit in 3Q 2022)Third quarter 2023 results: kr.0.16 loss per share (down from kr.1.07 profit in 3Q 2022). Revenue: kr.257.6m (down 2.8% from 3Q 2022). Net loss: kr.1.70m (down 118% from profit in 3Q 2022). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Durables industry in the United Kingdom.お知らせ • Nov 17TCM Group A/S Reaffirms Earnings Guidance for the Year 2023TCM Group A/S reaffirmed earnings guidance for the year 2023. For the year, the company expects revenue of DKK 1,040– DKK 1,090 million.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr.38.80, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 46% over the past year.お知らせ • Oct 19TCM Group A/S Provides Earnings Guidance for the Year 2023TCM Group A/S provided earnings guidance for the year 2023. For the period, the company expects revenue of DKK 1,040 million- DKK 1,090 million (previously DKK 1,050 million-DKK 1,125 million).Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to kr.51.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in the United Kingdom.お知らせ • Aug 18TCM Group A/S Revises Earnings Guidance for the Year 2023TCM Group A/S revised earnings guidance for the year 2023. The company expects revenue guidance in the range DKK 1,050 million - DKK 1,125 million (previously DKK 1,050 million - DKK 1,175 million).お知らせ • Jun 27TCM Group A/S has completed a Follow-on Equity Offering in the amount of DKK 78.781526 million.TCM Group A/S has completed a Follow-on Equity Offering in the amount of DKK 78.781526 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,221,419 Price\Range: DKK 64.5 Transaction Features: Subsequent Direct Listingお知らせ • Jun 20+ 1 more updateTCM Group A/S (CPSE:TCM) entered into an agreement to acquire Aubo Production A/S for DKK 225 million.TCM Group A/S (CPSE:TCM) entered into an agreement to acquire Aubo Production A/S for DKK 225 million on June 19, 2023. The purchase price for the shares in Aubo will, on a debt free basis, amount to DKK 165 million plus potential earn-out payments linked to the performance of the company going forward. Assuming all targets in the earn-out agreements are met, the total purchase price will amount to in total DKK 225 million. Aubo Production's Net sales in 2022 were DKK 292 million. As part of the acquisition agreement the sellers of the company will issue a vendor note for a part of the sales price as well as accept payment in form of shares in TCM Group amounting to DKK 10 million. The shares will be issued in connection with the closing of the transaction. The remaining cash payment will be financed by a bank credit facility. The management of Aubo Production A/S will remain in place after the transaction, and the production in the facilities in Aulum will continue in full operation. The transaction is expected to close shortly.お知らせ • May 17Tcm Group A/S Reiterates Full Year Revenue Guidance for the Financial Year 2023TCM Group A/S reiterated full year revenue guidance for the financial year 2023. Full-year guidance for the financial year 2023 is revenue in the range DKK 950-1,050 million.Reported Earnings • Feb 27Full year 2022 earnings released: EPS: kr.7.77 (vs kr.11.55 in FY 2021)Full year 2022 results: EPS: kr.7.77 (down from kr.11.55 in FY 2021). Revenue: kr.1.15b (up 3.4% from FY 2021). Net income: kr.70.5m (down 36% from FY 2021). Profit margin: 6.2% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 2.6% p.a. on average during the next 3 years compared to a 1.5% decline forecast for the Consumer Durables industry in the United Kingdom.お知らせ • Jan 31TCM Group A/S Announces CFO ChangesTCM Group A/S has appointed Thomas Hjannung as CFO from 1 March 2023. Thomas Hjannung is a business-oriented CFO with a solid financial toolbox and experience from larger Danish manufacturing companies such as Faerch Group, ECCO and Bang & Olufsen. With the onboarding of Thomas Hjannung, TCM Group will benefit from Thomas’ experience from both manufacturing and retail companies in the future development of TCM Group. The company's current CFO Mogens Elbrønd Pedersen will stay onboard for a short transition period during March to ensure a smooth handover to Thomas Hjannung.お知らせ • Dec 15+ 4 more updatesTCM Group A/S to Report Q4, 2023 Results on Feb 28, 2024TCM Group A/S announced that they will report Q4, 2023 results on Feb 28, 2024Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: kr.3.55 (vs kr.4.04 in 3Q 2021)Third quarter 2022 results: EPS: kr.3.55 (down from kr.4.04 in 3Q 2021). Revenue: kr.265.0m (up 1.0% from 3Q 2021). Net income: kr.9.70m (down 75% from 3Q 2021). Profit margin: 3.7% (down from 14% in 3Q 2021). Revenue is forecast to decline by 6.7% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to kr.66.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 53% over the past year.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to kr.77.90, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 26% over the past three years.Reported Earnings • May 20First quarter 2022 earnings released: EPS: kr.1.83 (vs kr.2.47 in 1Q 2021)First quarter 2022 results: EPS: kr.1.83 (down from kr.2.47 in 1Q 2021). Revenue: kr.281.4m (flat on 1Q 2021). Net income: kr.16.6m (down 33% from 1Q 2021). Profit margin: 5.9% (down from 8.8% in 1Q 2021). Over the next year, revenue is forecast to grow 4.6%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Danny Espersen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to kr.105, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 11% over the past three years.Upcoming Dividend • Mar 30Upcoming dividend of kr.6.00 per shareEligible shareholders must have bought the stock before 06 April 2022. Payment date: 08 April 2022. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of British dividend payers (4.6%). Lower than average of industry peers (6.8%).Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr.11.55 (up from kr.10.22 in FY 2020). Revenue: kr.1.11b (up 8.2% from FY 2020). Net income: kr.110.7m (up 8.3% from FY 2020). Profit margin: 10.0% (in line with FY 2020). Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 2.8%, compared to a 9.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS kr.4.04 (vs kr.2.44 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.262.4m (up 6.1% from 3Q 2020). Net income: kr.38.0m (up 56% from 3Q 2020). Profit margin: 14% (up from 9.9% in 3Q 2020).Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS kr.3.28 (vs kr.3.01 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: kr.290.7m (up 12% from 2Q 2020). Net income: kr.31.9m (up 6.0% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020).お知らせ • May 19TCM Group A/S Reiterates Earnings Guidance for the Full Year of 2021TCM Group A/S reiterated earnings guidance for the full year of 2021. The company expects revenue in the range of DKK 1,040-1,100 million.お知らせ • Apr 15TCM Group Declares Extra DividendTCM Group has adopted shareholder distributions of extra dividend of DKK 7.50 per share at its Annual General Meeting on 13 April 2021.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improved over the past weekAfter last week's 24% share price gain to kr.172, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr.225 per share.株主還元0CUNGB Consumer DurablesGB 市場7D2.2%2.6%2.5%1Yn/a-43.0%19.4%株主還元を見る業界別リターン: 0CUNがUK Consumer Durables業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: 0CUN UK市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is 0CUN's price volatile compared to industry and market?0CUN volatility0CUN Average Weekly Movementn/aConsumer Durables Industry Average Movement5.9%Market Average Movement5.7%10% most volatile stocks in GB Market11.9%10% least volatile stocks in GB Market3.1%安定した株価: 0CUNの株価は、 UK市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間の0CUNのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト2015546Torben Paulinwww.tcmgroup.dkTCMグループA/Sは、デンマーク、ノルウェー、そして世界各国で、キッチンやバスルーム、収納家具を製造・販売している。同社は、キッチン、バスルーム、ユーティリティルームの備品、引き戸式キャビネットをSvane Køkkenet、Tvis køkken、Nettoline、AUBO、プライベートブランドで提供している。また、プライベートブランドや独立系キッチンショップ向けのDIYソリューションも製造している。さらに、同社はeコマース・キッチンビジネスのCelebert社に製品を供給しており、Celebert社はkitchn.dk、billigskabe.dk、Celebert、Just Woodのブランドで展開している。TCM Group A/Sは2015年に設立され、デンマークのホルステブロに本社を置いている。もっと見るTCM Group A/S 基礎のまとめTCM Group の収益と売上を時価総額と比較するとどうか。0CUN 基礎統計学時価総額DKK 743.89m収益（TTM）DKK 80.67m売上高(TTM)DKK 1.33b9.2xPER（株価収益率0.6xP/Sレシオ0CUN 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0CUN 損益計算書（TTM）収益DKK 1.33b売上原価DKK 1.02b売上総利益DKK 309.77mその他の費用DKK 229.10m収益DKK 80.67m直近の収益報告Mar 31, 2026次回決算日Aug 20, 2026一株当たり利益（EPS）7.81グロス・マージン23.23%純利益率6.05%有利子負債／自己資本比率49.8%0CUN 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6.3%現在の配当利回り57%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2026/05/23 18:44終値2026/05/18 00:00収益2026/03/31年間収益2025/12/31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TCM Group A/S 2 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。3 アナリスト機関Lars TopholmCarnegie Investment Bank ABAnders PreetzmannDanske BankAlexander BorreskovDNB Carnegie
Reported Earnings • 11hFirst quarter 2026 earnings released: EPS: kr.1.45 (vs kr.1.16 in 1Q 2025)First quarter 2026 results: EPS: kr.1.45 (up from kr.1.16 in 1Q 2025). Revenue: kr.362.4m (up 18% from 1Q 2025). Net income: kr.15.0m (up 24% from 1Q 2025). Profit margin: 4.1% (up from 3.9% in 1Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • 21hTCM Group A/S Maintains Earnings Guidance for the Full Year of 2026TCM Group A/S maintained earnings guidance for the full year of 2026. For the year, the company expects revenue to be in the range of DKK 1,400 million to DKK 1,500 million .
お知らせ • Apr 09+ 1 more updateTCM Group A/S Approves Rodolfo Zeidler Election to the BoardTCM Group A/S at its AGM held on 9 April 2026 approved Rodolfo Zeidler election to the board.
Declared Dividend • Apr 09Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Mar 18Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Mar 02Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • 11hFirst quarter 2026 earnings released: EPS: kr.1.45 (vs kr.1.16 in 1Q 2025)First quarter 2026 results: EPS: kr.1.45 (up from kr.1.16 in 1Q 2025). Revenue: kr.362.4m (up 18% from 1Q 2025). Net income: kr.15.0m (up 24% from 1Q 2025). Profit margin: 4.1% (up from 3.9% in 1Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • 21hTCM Group A/S Maintains Earnings Guidance for the Full Year of 2026TCM Group A/S maintained earnings guidance for the full year of 2026. For the year, the company expects revenue to be in the range of DKK 1,400 million to DKK 1,500 million .
お知らせ • Apr 09+ 1 more updateTCM Group A/S Approves Rodolfo Zeidler Election to the BoardTCM Group A/S at its AGM held on 9 April 2026 approved Rodolfo Zeidler election to the board.
Declared Dividend • Apr 09Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Mar 18Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Mar 02Dividend increased to kr.4.50Dividend of kr.4.50 is 50% higher than last year. Ex-date: 10th April 2026 Payment date: 14th April 2026 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: kr.7.51 (vs kr.5.52 in FY 2024)Full year 2025 results: EPS: kr.7.51 (up from kr.5.52 in FY 2024). Revenue: kr.1.28b (up 6.3% from FY 2024). Net income: kr.77.8m (up 35% from FY 2024). Profit margin: 6.1% (up from 4.8% in FY 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Feb 26TCM Group A/S Proposes Ordinary Dividend for 2025TCM Group A/S's board of directors will propose to the Annual General Meeting an ordinary dividend of DKK 4.50 per share for 2025. This corresponds to a total distribution of DKK 46 million, representing 60% of the net profit for 2025 and in line with the company’s dividend policy.
お知らせ • Feb 25TCM Group A/S Provides Earnings Guidance for 2026TCM Group A/S provided earnings guidance for 2026. For the year, the company estimates revenue to be in the range DKK 1,400 - DKK 1,500 million.
お知らせ • Jan 30TCM Group A/S Announces CFO ChangesTCM Group A/S announced that CFO Jan B. Madsen will step down from his position as CFO in TCM Group no later than July 31, 2026. The recruitment process for a new CFO will commence immediately. Hans Barslund has been appointed Interim CFO and will assume the role until a permanent CFO has been appointed.
お知らせ • Dec 19+ 3 more updatesTCM Group A/S to Report Q3, 2026 Results on Nov 19, 2026TCM Group A/S announced that they will report Q3, 2026 results on Nov 19, 2026
Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: kr.0.93 (vs kr.0.84 in 3Q 2024)Third quarter 2025 results: EPS: kr.0.93 (up from kr.0.84 in 3Q 2024). Revenue: kr.288.9m (up 4.0% from 3Q 2024). Net income: kr.9.60m (up 9.1% from 3Q 2024). Profit margin: 3.3% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Nov 26+ 1 more updateTCM Group A/S (CPSE:TCM) cacquired 55% stake in Celebert Aps.TCM Group A/S (CPSE:TCM) entered into an agreement to acquire remaining 55% stake in Celebert Aps for DKK 80 million on August 6, 2025. By acquiring the remaining stake, we will gain full control of this important sales channel, enabling further sales and cost synergies. The purchase price for the 55% stake in Celebert ApS, on a debt-free basis, is expected to be in the range of DKK 60-85 million. The final purchase price for the shares has not yet been determined, as a number of outstanding issues are being discussed by the parties but will not exceed DKK 87.5 million. As of November 10, 2025 TCM Group agreed on the final purchase price with the seller for the remaining 55% of shares in Celebert ApS. The agreed purchase price amounts to DKK 80 million. On November 19, 2025 the Danish competition authorities approved the transaction, and we expect it to close November 25, 2025. The purchase price for the shares will be paid in cash by TCM Group A/S and financed through a combination of existing and new bank credit facilities. The transaction is subject to usual regulatory approvals including an approval from the competition authorities and is expected to close in Q4 2025 TCM Group A/S (CPSE:TCM) completed the acquisition of 55% stake in Celebert Aps on November 25, 2025.
お知らせ • Aug 29TCM Group A/S Announces CFO ChangesTCM Group A/S appointed Jan Boendorf Madsen as Chief Financial Officer, effective 1 November 2025. Jan is a business-oriented CFO with a solid financial toolbox and broad leadership experience. He has held senior financial roles in several companies, including with the VKR Group, a leading Danish manufacturer in the window industry. Throughout his career, Jan has successfully combined strong financial management, supporting growth, operational efficiency, and strategic development. With his background, TCM Group will benefit from valuable expertise in industries with production complexities similar to the own. The current CFO, Thomas Hjannung, who resigned in May 2025, will remain with TCM Group during a short transition period in November to ensure a smooth handover.
お知らせ • Jun 03Thomas Hjannung to Step Down as CFO of TCM Group A/S, no Later Than November 30, 2025TCM Group A/S announced that Thomas Hjannung has decided to step down as CFO in TCM Group to pursue new opportunities outside TCM Group and the kitchen industry. Thomas will step down as CFO no later than November 30, 2025, or when a successor has been appointed, and he will assist in ensuring a smooth transition to his successor.
お知らせ • Apr 03TCM Group A/S announces Annual dividend, payable on April 14, 2025TCM Group A/S announced Annual dividend of DKK 3.0000 per share payable on April 14, 2025, ex-date on April 10, 2025 and record date on April 11, 2025.
New Risk • Mar 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Major Risk Shares are highly illiquid. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Feb 27Full year 2024 earnings released: EPS: kr.5.52 (vs kr.2.20 in FY 2023)Full year 2024 results: EPS: kr.5.52 (up from kr.2.20 in FY 2023). Revenue: kr.1.20b (up 8.3% from FY 2023). Net income: kr.57.7m (up 168% from FY 2023). Profit margin: 4.8% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27TCM Group A/S, Annual General Meeting, Apr 09, 2026TCM Group A/S, Annual General Meeting, Apr 09, 2026.
お知らせ • Feb 26+ 2 more updatesTCM Group A/S Provides Earnings Guidance for the Year 2025TCM Group A/S provided earnings guidance for the year 2025. For the year, revenue to be in the range of DKK 1,250 million to DKK 1,400 million.
お知らせ • Dec 11+ 3 more updatesTCM Group A/S to Report Q1, 2025 Results on May 21, 2025TCM Group A/S announced that they will report Q1, 2025 results on May 21, 2025
Reported Earnings • Nov 26Third quarter 2024 earnings released: EPS: kr.0.84 (vs kr.0.16 loss in 3Q 2023)Third quarter 2024 results: EPS: kr.0.84 (up from kr.0.16 loss in 3Q 2023). Revenue: kr.277.7m (up 7.8% from 3Q 2023). Net income: kr.8.80m (up kr.10.5m from 3Q 2023). Profit margin: 3.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 22TCM Group A/S Revises Earnings Guidance for the Year 2024TCM Group A/S revised earnings guidance for the year 2024. For the year, revenue to be in the range of DKK 1,150 million to DKK 1,200 million (previously DKK 1,125 million to DKK 1,200 million).
お知らせ • Aug 16TCM Group A/S Revises Earnings Guidance for the Year 2024TCM Group A/S revised earnings guidance for the year 2024. For the year, the company expects revenue of DKK 1,125 million to DKK 1,200 million compared to previously guidance of DKK 1,000 million to DKK 1,150 million.
お知らせ • May 18TCM Group A/S Reiterates Earnings Guidance for Full Year 2024TCM Group A/S reiterated earnings guidance for full year 2024. For the year, company expects revenue is in the range of DKK 1,000 million to DKK 1,150 million.
お知らせ • Apr 12TCM Group A/S Elects Björn Olsson Lissner to the Board of DirectorsTCM Group A/S announced that the Annual General Meeting was held 11 April 2024, Björn Olsson Lissner was elected to the Board of Directors.
お知らせ • Mar 21TCM Group A/S Announces That Sanna Suvanto-Harsaae Does Not Seek Re-Election as Chairman and Member of Board of DirectorsTCM Group A/S announced that Chairman of the company, Sanna Suvanto-Harsaae, has informed the Board of Directors that she does not seek re-election at the annual general meeting on 11 April 2024. Sanna Suvanto-Harsaae has been chairman for eight years, during which time the company has developed significantly through, amongst others, the IPO in 2017 and several acquisitions. The Board of Directors will constitute itself following the annual general meeting. The Board of Directors expects to appoint the current vice-chair since 2018, Anders Skole-Sørensen, as chairman.
お知らせ • Nov 21+ 4 more updatesTCM Group A/S, Annual General Meeting, Apr 09, 2025TCM Group A/S, Annual General Meeting, Apr 09, 2025.
Reported Earnings • Nov 18Third quarter 2023 earnings released: kr.0.16 loss per share (vs kr.1.07 profit in 3Q 2022)Third quarter 2023 results: kr.0.16 loss per share (down from kr.1.07 profit in 3Q 2022). Revenue: kr.257.6m (down 2.8% from 3Q 2022). Net loss: kr.1.70m (down 118% from profit in 3Q 2022). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Durables industry in the United Kingdom.
お知らせ • Nov 17TCM Group A/S Reaffirms Earnings Guidance for the Year 2023TCM Group A/S reaffirmed earnings guidance for the year 2023. For the year, the company expects revenue of DKK 1,040– DKK 1,090 million.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr.38.80, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 46% over the past year.
お知らせ • Oct 19TCM Group A/S Provides Earnings Guidance for the Year 2023TCM Group A/S provided earnings guidance for the year 2023. For the period, the company expects revenue of DKK 1,040 million- DKK 1,090 million (previously DKK 1,050 million-DKK 1,125 million).
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to kr.51.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in the United Kingdom.
お知らせ • Aug 18TCM Group A/S Revises Earnings Guidance for the Year 2023TCM Group A/S revised earnings guidance for the year 2023. The company expects revenue guidance in the range DKK 1,050 million - DKK 1,125 million (previously DKK 1,050 million - DKK 1,175 million).
お知らせ • Jun 27TCM Group A/S has completed a Follow-on Equity Offering in the amount of DKK 78.781526 million.TCM Group A/S has completed a Follow-on Equity Offering in the amount of DKK 78.781526 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,221,419 Price\Range: DKK 64.5 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 20+ 1 more updateTCM Group A/S (CPSE:TCM) entered into an agreement to acquire Aubo Production A/S for DKK 225 million.TCM Group A/S (CPSE:TCM) entered into an agreement to acquire Aubo Production A/S for DKK 225 million on June 19, 2023. The purchase price for the shares in Aubo will, on a debt free basis, amount to DKK 165 million plus potential earn-out payments linked to the performance of the company going forward. Assuming all targets in the earn-out agreements are met, the total purchase price will amount to in total DKK 225 million. Aubo Production's Net sales in 2022 were DKK 292 million. As part of the acquisition agreement the sellers of the company will issue a vendor note for a part of the sales price as well as accept payment in form of shares in TCM Group amounting to DKK 10 million. The shares will be issued in connection with the closing of the transaction. The remaining cash payment will be financed by a bank credit facility. The management of Aubo Production A/S will remain in place after the transaction, and the production in the facilities in Aulum will continue in full operation. The transaction is expected to close shortly.
お知らせ • May 17Tcm Group A/S Reiterates Full Year Revenue Guidance for the Financial Year 2023TCM Group A/S reiterated full year revenue guidance for the financial year 2023. Full-year guidance for the financial year 2023 is revenue in the range DKK 950-1,050 million.
Reported Earnings • Feb 27Full year 2022 earnings released: EPS: kr.7.77 (vs kr.11.55 in FY 2021)Full year 2022 results: EPS: kr.7.77 (down from kr.11.55 in FY 2021). Revenue: kr.1.15b (up 3.4% from FY 2021). Net income: kr.70.5m (down 36% from FY 2021). Profit margin: 6.2% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 2.6% p.a. on average during the next 3 years compared to a 1.5% decline forecast for the Consumer Durables industry in the United Kingdom.
お知らせ • Jan 31TCM Group A/S Announces CFO ChangesTCM Group A/S has appointed Thomas Hjannung as CFO from 1 March 2023. Thomas Hjannung is a business-oriented CFO with a solid financial toolbox and experience from larger Danish manufacturing companies such as Faerch Group, ECCO and Bang & Olufsen. With the onboarding of Thomas Hjannung, TCM Group will benefit from Thomas’ experience from both manufacturing and retail companies in the future development of TCM Group. The company's current CFO Mogens Elbrønd Pedersen will stay onboard for a short transition period during March to ensure a smooth handover to Thomas Hjannung.
お知らせ • Dec 15+ 4 more updatesTCM Group A/S to Report Q4, 2023 Results on Feb 28, 2024TCM Group A/S announced that they will report Q4, 2023 results on Feb 28, 2024
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: kr.3.55 (vs kr.4.04 in 3Q 2021)Third quarter 2022 results: EPS: kr.3.55 (down from kr.4.04 in 3Q 2021). Revenue: kr.265.0m (up 1.0% from 3Q 2021). Net income: kr.9.70m (down 75% from 3Q 2021). Profit margin: 3.7% (down from 14% in 3Q 2021). Revenue is forecast to decline by 6.7% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to kr.66.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 53% over the past year.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to kr.77.90, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 26% over the past three years.
Reported Earnings • May 20First quarter 2022 earnings released: EPS: kr.1.83 (vs kr.2.47 in 1Q 2021)First quarter 2022 results: EPS: kr.1.83 (down from kr.2.47 in 1Q 2021). Revenue: kr.281.4m (flat on 1Q 2021). Net income: kr.16.6m (down 33% from 1Q 2021). Profit margin: 5.9% (down from 8.8% in 1Q 2021). Over the next year, revenue is forecast to grow 4.6%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Danny Espersen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to kr.105, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 11% over the past three years.
Upcoming Dividend • Mar 30Upcoming dividend of kr.6.00 per shareEligible shareholders must have bought the stock before 06 April 2022. Payment date: 08 April 2022. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of British dividend payers (4.6%). Lower than average of industry peers (6.8%).
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr.11.55 (up from kr.10.22 in FY 2020). Revenue: kr.1.11b (up 8.2% from FY 2020). Net income: kr.110.7m (up 8.3% from FY 2020). Profit margin: 10.0% (in line with FY 2020). Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 2.8%, compared to a 9.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS kr.4.04 (vs kr.2.44 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.262.4m (up 6.1% from 3Q 2020). Net income: kr.38.0m (up 56% from 3Q 2020). Profit margin: 14% (up from 9.9% in 3Q 2020).
Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS kr.3.28 (vs kr.3.01 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: kr.290.7m (up 12% from 2Q 2020). Net income: kr.31.9m (up 6.0% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020).
お知らせ • May 19TCM Group A/S Reiterates Earnings Guidance for the Full Year of 2021TCM Group A/S reiterated earnings guidance for the full year of 2021. The company expects revenue in the range of DKK 1,040-1,100 million.
お知らせ • Apr 15TCM Group Declares Extra DividendTCM Group has adopted shareholder distributions of extra dividend of DKK 7.50 per share at its Annual General Meeting on 13 April 2021.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improved over the past weekAfter last week's 24% share price gain to kr.172, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr.225 per share.
