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Nordic Leisure

BST:8NL
Snowflake Description

Exceptional growth potential with flawless balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8NL
BST
SEK990M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Nordic Leisure AB (Publ) owns and manages companies in the online gaming and media sectors in Estonia, Latvia, Malta, Spain, and Sweden. The last earnings update was 77 days ago. More info.


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8NL Share Price and Events
Price Volatility
8NL
Industry
5yr Volatility vs Market

Value

 Is Nordic Leisure undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nordic Leisure to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nordic Leisure.

BST:8NL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:8NL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.711 (1 + (1- 22%) (0%))
0.711
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.8 * 9.46%)
8.11%

Discounted Cash Flow Calculation for BST:8NL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Nordic Leisure is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:8NL DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (EUR, Millions) 9.00 11.00 12.98 15.19 17.62
Source Analyst x1 Analyst x1 Est @ 18%, capped from 27.9% Est @ 17%, capped from 27.9% Est @ 16%, capped from 27.9%
Present Value
Discounted (@ 8.11%)
8.32 9.41 10.27 11.12 11.93
Present value of next 5 years cash flows €51.06
BST:8NL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= €17.62 × (1 + 0.54%) ÷ (8.11% – 0.54%)
€234.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= €234.09 ÷ (1 + 8.11%)5
€158.52
BST:8NL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= €51.06 + €158.52
€209.58
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €209.58 / 62.61
€3.35
BST:8NL Discount to Share Price
Calculation Result
Exchange Rate EUR/SEK
(Reporting currency to currency of OM:NLAB)
10.298
Value per Share
(SEK)
= Value per Share in EUR x Exchange Rate (EUR/SEK)
= €3.35 x 10.298
SEK34.47
Non-primary Listing Adjustment Factor 1 share in BST:8NL represents 0.13243x of OM:NLAB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.13243x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 34.47 x 0.13243
€4.56
Value per share (EUR) From above. €4.56
Current discount Discount to share price of €2.10
= -1 x (€2.10 - €4.56) / €4.56
54.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Nordic Leisure is available for.
Intrinsic value
>50%
Share price is €2.1 vs Future cash flow value of €4.56
Current Discount Checks
For Nordic Leisure to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Nordic Leisure's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Nordic Leisure's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nordic Leisure's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nordic Leisure's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:8NL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.10
OM:NLAB Share Price ** OM (2018-07-20) in SEK SEK15.82
OM:NLAB Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.097 €1.54
Germany Hospitality Industry PE Ratio Median Figure of 11 Publicly-Listed Hospitality Companies 15.13x
Germany Market PE Ratio Median Figure of 407 Publicly-Listed Companies 18.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nordic Leisure.

BST:8NL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:NLAB Share Price ÷ EPS (both in EUR)

= 1.54 ÷ 0.10

15.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nordic Leisure is overvalued based on earnings compared to the DE Hospitality industry average.
  • Nordic Leisure is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Nordic Leisure's expected growth come at a high price?
Raw Data
BST:8NL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
27.3%per year
Germany Hospitality Industry PEG Ratio Median Figure of 7 Publicly-Listed Hospitality Companies 1.02x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

BST:8NL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.46x ÷ 27.3%

0.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nordic Leisure is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Nordic Leisure's assets?
Raw Data
BST:8NL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €0.44
OM:NLAB Share Price * OM (2018-07-20) in SEK SEK15.82
OM:NLAB Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.097 €1.54
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 2.95x
Germany Market PB Ratio Median Figure of 547 Publicly-Listed Companies 1.86x
BST:8NL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:NLAB Share Price ÷ Book Value per Share (both in EUR)

= 1.54 ÷ 0.44

3.52x

* Primary Listing of Nordic Leisure.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nordic Leisure is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Nordic Leisure's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Nordic Leisure has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Nordic Leisure expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
27.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nordic Leisure expected to grow at an attractive rate?
  • Nordic Leisure's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Nordic Leisure's earnings growth is expected to exceed the Germany market average.
  • Nordic Leisure's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:8NL Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:8NL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 27.3%
BST:8NL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 21%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 13.2%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:8NL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:8NL Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 46 15 11 1
2019-12-31 39 13 9 1
2018-12-31 30 7 6 1
BST:8NL Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 28 7 6
2018-03-31 26 7 5
2017-12-31 23 6 4
2017-09-30 15 5 2
2017-06-30 16 -3 5
2017-03-31 16 2 5
2016-12-31 17 1 4
2016-09-30 21 -0 4
2016-06-30 16 5 -1
2016-03-31 14 -2 -2
2015-12-31 11 -1 -1
2015-09-30 10 -0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nordic Leisure's earnings are expected to grow significantly at over 20% yearly.
  • Nordic Leisure's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:8NL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Nordic Leisure Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:8NL Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.17 0.17 0.17 1.00
2019-12-31 0.14 0.14 0.14 1.00
2018-12-31 0.10 0.10 0.10 1.00
BST:8NL Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 0.10
2018-03-31 0.09
2017-12-31 0.08
2017-09-30 0.04
2017-06-30 0.10
2017-03-31 0.07
2016-12-31 0.07
2016-09-30 0.05
2016-06-30 -0.02
2016-03-31 -0.03
2015-12-31 -0.03
2015-09-30 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Nordic Leisure is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Nordic Leisure's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nordic Leisure has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Nordic Leisure performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nordic Leisure's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nordic Leisure's year on year earnings growth rate has been positive over the past 5 years.
  • Nordic Leisure's 1-year earnings growth is less than its 5-year average (8.2% vs 12.6%)
  • Nordic Leisure's earnings growth has not exceeded the DE Hospitality industry average in the past year (8.2% vs 49%).
Earnings and Revenue History
Nordic Leisure's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nordic Leisure Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:8NL Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 27.75 5.92 14.09
2018-03-31 25.69 5.38 12.82
2017-12-31 23.01 4.48 11.58
2017-09-30 14.87 2.40 11.61
2017-06-30 16.36 5.47 10.43
2017-03-31 16.40 4.60 10.39
2016-12-31 17.26 3.74 10.80
2016-09-30 21.42 3.72 6.60
2016-06-30 16.50 -1.42 7.68
2016-03-31 14.17 -1.62 7.94
2015-12-31 11.23 -1.42 7.78
2015-09-30 9.90 -0.94 7.34
2015-06-30 8.68 -0.08 6.54
2015-03-31 7.72 0.23 5.62
2014-12-31 6.46 -0.14 5.08
2014-09-30 5.66 0.59 4.86
2014-06-30 5.11 4.43 4.41
2014-03-31 6.14 4.65 5.22
2013-12-31 7.56 5.58 5.54
2013-09-30 9.58 5.26 6.17
2013-06-30 11.00 1.20 6.81
2013-03-31 11.65 1.16 7.01
2012-12-31 11.35 0.78 7.05
2012-09-30 11.05 0.21 7.42
2012-06-30 10.28 -0.32 7.30
2012-03-31 9.23 -0.54 6.72
2011-12-31 8.44 -0.51 6.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nordic Leisure has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Nordic Leisure used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Nordic Leisure's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Nordic Leisure's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nordic Leisure has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Nordic Leisure's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nordic Leisure's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nordic Leisure is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nordic Leisure's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nordic Leisure's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Nordic Leisure has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nordic Leisure Company Filings, last reported 3 months ago.

BST:8NL Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 27.33 0.00 7.48
2018-03-31 26.05 0.00 6.74
2017-12-31 24.88 0.00 7.32
2017-09-30 19.62 0.00 2.50
2017-06-30 18.19 0.00 10.81
2017-03-31 17.49 0.00 10.08
2016-12-31 16.96 0.00 10.25
2016-09-30 16.89 0.00 10.93
2016-06-30 12.83 0.00 11.46
2016-03-31 13.49 0.00 6.24
2015-12-31 13.73 0.00 6.72
2015-09-30 8.12 0.00 4.81
2015-06-30 8.71 0.00 5.04
2015-03-31 9.02 0.00 6.12
2014-12-31 9.03 0.00 6.16
2014-09-30 9.32 0.00 6.02
2014-06-30 8.72 0.00 3.72
2014-03-31 8.81 0.00 3.92
2013-12-31 9.56 0.00 4.31
2013-09-30 8.79 0.00 5.37
2013-06-30 4.40 0.00 3.78
2013-03-31 3.55 1.08 4.04
2012-12-31 3.23 1.05 3.12
2012-09-30 1.78 1.07 3.66
2012-06-30 1.39 1.03 3.54
2012-03-31 1.36 1.02 3.50
2011-12-31 1.07 1.01 3.37
  • Nordic Leisure has no debt.
  • Nordic Leisure had no debt 5 years ago.
  • Nordic Leisure has no debt, it does not need to be covered by operating cash flow.
  • Nordic Leisure has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Nordic Leisure's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nordic Leisure has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Nordic Leisure's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Nordic Leisure dividends. Estimated to be 6.51% next year.
If you bought €2,000 of Nordic Leisure shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nordic Leisure's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nordic Leisure's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:8NL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:8NL Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.12 1.00
2019-12-31 0.10 1.00
2018-12-31 0.08 1.00
BST:8NL Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2014-11-24 0.000 0.000
2014-08-22 0.000 0.000
2014-05-06 0.000 0.000
2014-02-21 0.000 0.000
2013-04-25 0.011 3.510
2013-02-21 0.012 2.729

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nordic Leisure has not reported any payouts.
  • Unable to verify if Nordic Leisure's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nordic Leisure's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nordic Leisure has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Nordic Leisure's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nordic Leisure afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nordic Leisure has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Nordic Leisure's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Andersson, image provided by Google.
Robert Andersson
AGE 41
TENURE AS CEO 0.5 years
CEO Bio

Mr. Robert Andersson has been Chief Executive Officer and President of Nordic Leisure AB (Publ) since April 16, 2018. Mr. Andersson serves as the Chief Executive Officer of Gorollsson AB. Mr. Andersson served as the Chief Executive Officer of Catena Media plc since May 1, 2015 until October 3, 2017. He served as External Chief Executive Officer of The Teroni Group AB, River Cresco AB, Matsuda Agency AB and ISBIT GAMES AB. He served as a Partner of Smillea HB. He serves as a Board Member of Gorollsson AB. He serves as a Deputy Board Member of Imagination Studios i Stockholm AB. He received M Sc from Stockholm University and studied at University of Brisbane.

CEO Compensation
  • Insufficient data for Robert to compare compensation growth.
  • Insufficient data for Robert to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Nordic Leisure management team in years:

0.8
Average Tenure
  • The average tenure for the Nordic Leisure management team is less than 2 years, this suggests a new team.
Management Team

Robert Andersson

TITLE
CEO & President
AGE
41
TENURE
0.5 yrs

Meir Roimy

TITLE
Chief Financial Officer
TENURE
1.7 yrs

HB Nordström

TITLE
Chief Operating Officer
AGE
42
TENURE
0.8 yrs

Smooth Winbo

TITLE
Market Manager

Joel Jacobsson

TITLE
Board of Directors Tenure

Average tenure and age of the Nordic Leisure board of directors in years:

3.4
Average Tenure
48
Average Age
  • The tenure for the Nordic Leisure board of directors is about average.
Board of Directors

Niklas Braathen

TITLE
Chairman of the Board of Directors
COMPENSATION
€125K
AGE
55
TENURE
5.4 yrs

Peter Åström

TITLE
Director
COMPENSATION
€322K
AGE
52
TENURE
5.4 yrs

Staffan Dahl

TITLE
Director
AGE
44
TENURE
1.4 yrs

Ludwig Pettersson

TITLE
Director
AGE
27
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Nordic Leisure insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
10. Sep 18 Buy Ludwig Pettersson Individual 07. Sep 18 07. Sep 18 22,250 $33,902.99
X
Management checks
We assess Nordic Leisure's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nordic Leisure has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Company Info

Map
Description

Nordic Leisure AB (Publ) owns and manages companies in the online gaming and media sectors in Estonia, Latvia, Malta, Spain, and Sweden. The company operates online casinos and land-based betting shops under the Optibet, GoldClubCasino, and Best brand names. Its gaming products include casino, betting, poker, and bingo. The company also provides sports results and conducts performance-based marketing, as well as offers online gaming on mobile devices. Nordic Leisure AB (Publ) is based in Sigtuna, Sweden.

Details
Name: Nordic Leisure AB (Publ)
8NL
Exchange: BST
Founded:
SEK96,186,760
62,610,381
Website: http://www.nordicleisure.se
Address: Nordic Leisure AB (Publ)
Stora Gatan 46,
Sigtuna,
193 30,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM NLAB Share Capital OMX Nordic Exchange Stockholm SE SEK 14. Jul 2006
DB 8NL Share Capital Deutsche Boerse AG DE EUR 14. Jul 2006
BST 8NL Share Capital Boerse-Stuttgart DE EUR 14. Jul 2006
Number of employees
Current staff
Staff numbers
194
Nordic Leisure employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/17 13:52
End of day share price update: 2018/07/20 00:00
Last estimates confirmation: 2018/10/16
Last earnings filing: 2018/08/01
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.