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Mr Green & Co

DB:M9GN
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
M9GN
DB
SEK3B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Mr Green & Co AB (publ), together with its subsidiaries, operates as an online gaming company under the Redbet and MrGreen brand names. The last earnings update was 101 days ago. More info.


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  • Mr Green & Co has significant price volatility in the past 3 months.
M9GN Share Price and Events
7 Day Returns
-0.8%
DB:M9GN
-5%
DE Hospitality
-1%
DE Market
1 Year Returns
-
DB:M9GN
-27.1%
DE Hospitality
-14.3%
DE Market
M9GN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mr Green & Co (M9GN) -0.8% -2% -0.6% - - -
DE Hospitality -5% 6.5% -11% -27.1% -5.4% 2.2%
DE Market -1% 6.1% -3.3% -14.3% 12.1% 7.8%
1 Year Return vs Industry and Market
  • No trading data on M9GN.
  • No trading data on M9GN.
Price Volatility
M9GN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Mr Green & Co 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 Mr Green & Co 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 Mr Green & Co.

DB:M9GN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:M9GN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9.8%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.714 (1 + (1- 22%) (0%))
0.714
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)
= 0.23% + (0.8 * 9.77%)
8.05%

Discounted Cash Flow Calculation for DB:M9GN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mr Green & Co 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.

DB:M9GN DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (SEK, Millions) 221.47 304.43 359.23 420.30 487.55
Source Analyst x3 Analyst x3 Est @ 18%, capped from 24.72% Est @ 17%, capped from 24.72% Est @ 16%, capped from 24.72%
Present Value
Discounted (@ 8.05%)
204.98 260.78 284.81 308.41 331.12
Present value of next 5 years cash flows SEK1,390.10
DB:M9GN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= SEK487.55 × (1 + 0.23%) ÷ (8.05% – 0.23%)
SEK6,250.77
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= SEK6,250.77 ÷ (1 + 8.05%)5
SEK4,245.20
DB:M9GN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= SEK1,390.10 + SEK4,245.20
SEK5,635.30
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK5,635.30 / 40.85
SEK13.01
DB:M9GN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:M9GN represents 0.09433x of OM:MRG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09433x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 137.95 x 0.09433
€13.01
Value per share (EUR) From above. €13.01
Current discount Discount to share price of €6.49
= -1 x (€6.49 - €13.01) / €13.01
50.1%

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

Current Discount
Amount off the current price Mr Green & Co is available for.
Intrinsic value
>50%
Share price is €6.49 vs Future cash flow value of €13.01
Current Discount Checks
For Mr Green & Co to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mr Green & Co's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mr Green & Co'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 Mr Green & Co's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mr Green & Co's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:M9GN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in SEK SEK2.45
OM:MRG Share Price ** OM (2019-02-04) in SEK SEK68.8
Germany Hospitality Industry PE Ratio Median Figure of 11 Publicly-Listed Hospitality Companies 18.13x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 18.01x

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

** Primary Listing of Mr Green & Co.

DB:M9GN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:MRG Share Price ÷ EPS (both in SEK)

= 68.8 ÷ 2.45

28.09x

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

  • Mr Green & Co is overvalued based on earnings compared to the DE Hospitality industry average.
  • Mr Green & Co is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Mr Green & Co's expected growth come at a high price?
Raw Data
DB:M9GN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
27.7%per year
Germany Hospitality Industry PEG Ratio Median Figure of 6 Publicly-Listed Hospitality Companies 1.17x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

DB:M9GN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 28.09x ÷ 27.7%

1.02x

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

  • Mr Green & Co is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Mr Green & Co's assets?
Raw Data
DB:M9GN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in SEK SEK26.69
OM:MRG Share Price * OM (2019-02-04) in SEK SEK68.8
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.11x
Germany Market PB Ratio Median Figure of 568 Publicly-Listed Companies 1.79x
DB:M9GN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:MRG Share Price ÷ Book Value per Share (both in SEK)

= 68.8 ÷ 26.69

2.58x

* Primary Listing of Mr Green & Co.

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

  • Mr Green & Co is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Mr Green & Co'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. Mr Green & Co has a total score of 2/6, 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 Mr Green & Co expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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
27.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mr Green & Co expected to grow at an attractive rate?
  • Mr Green & Co's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Mr Green & Co's earnings growth is expected to exceed the Germany market average.
  • Mr Green & Co's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:M9GN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:M9GN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 27.7%
DB:M9GN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 14.7%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 9.9%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
DB:M9GN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:M9GN Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,583 1
2020-12-31 2,288 438 191 4
2019-12-31 2,038 405 161 4
2018-12-31 1,697 381 115 4
DB:M9GN Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-09-30 1,572 340 100
2018-06-30 1,422 368 90
2018-03-31 1,297 393 111
2017-12-31 1,192 328 109
2017-09-30 1,124 333 97
2017-06-30 1,059 220 65
2017-03-31 982 126 27
2016-12-31 925 129 33
2016-09-30 861 141 36
2016-06-30 832 152 -39
2016-03-31 816 172 -15
2015-12-31 793 149 -34

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mr Green & Co's earnings are expected to grow significantly at over 20% yearly.
  • Mr Green & Co's revenue is expected to grow by 14.7% yearly, however this is not considered high growth (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
DB:M9GN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Mr Green & Co Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:M9GN Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 4.62 5.24 3.49 4.00
2019-12-31 3.89 4.66 3.08 4.00
2018-12-31 2.76 2.99 2.52 4.00
DB:M9GN Past Financials Data
Date (Data in SEK Millions) EPS *
2018-09-30 2.45
2018-06-30 2.21
2018-03-31 2.78
2017-12-31 2.83
2017-09-30 2.59
2017-06-30 1.81
2017-03-31 0.77
2016-12-31 0.92
2016-09-30 1.00
2016-06-30 -1.10
2016-03-31 -0.41
2015-12-31 -0.96

*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.
  • Mr Green & Co is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mr Green & Co'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.
Mr Green & Co has a total score of 4/6, 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 Mr Green & Co 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 Mr Green & Co'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.
  • Mr Green & Co has delivered over 20% year on year earnings growth in the past 5 years.
  • Mr Green & Co's 1-year earnings growth is less than its 5-year average (3.6% vs 28.8%)
  • Mr Green & Co's earnings growth has not exceeded the DE Hospitality industry average in the past year (3.6% vs 22.7%).
Earnings and Revenue History
Mr Green & Co'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 Mr Green & Co Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:M9GN Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1,572.03 100.08 536.96
2018-06-30 1,421.89 90.30 502.31
2018-03-31 1,296.88 110.66 446.89
2017-12-31 1,192.03 109.36 419.45
2017-09-30 1,123.99 96.65 392.14
2017-06-30 1,058.75 65.15 382.75
2017-03-31 982.16 27.45 370.49
2016-12-31 924.52 33.10 347.58
2016-09-30 860.64 35.67 323.91
2016-06-30 832.33 -39.41 294.98
2016-03-31 815.90 -14.64 281.89
2015-12-31 792.60 -34.43 294.96
2015-09-30 766.32 -151.72 295.96
2015-06-30 733.31 -48.35 298.18
2015-03-31 699.93 -45.18 290.28
2014-12-31 659.37 -26.52 262.44
2014-09-30 620.82 86.03 245.42
2014-06-30 576.37 76.24 233.35
2014-03-31 495.43 52.15 202.28
2013-12-31 349.85 34.24 139.91
2013-09-30 224.13 20.88 74.96
2013-06-30 107.47 2.56 28.21
2013-03-31 38.61 5.35 0.00
2012-12-31 36.63 0.05

*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.
  • Mr Green & Co has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mr Green & Co used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Mr Green & Co's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Mr Green & Co'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.
Mr Green & Co has a total score of 1/6, 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 Mr Green & Co'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 Mr Green & Co's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mr Green & Co is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mr Green & Co's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mr Green & Co'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.
  • Mr Green & Co 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 Mr Green & Co Company Filings, last reported 4 months ago.

DB:M9GN Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1,108.01 0.00 655.34
2018-06-30 1,074.34 0.00 579.39
2018-03-31 1,089.60 0.00 637.42
2017-12-31 1,031.13 0.00 602.99
2017-09-30 978.97 0.00 567.61
2017-06-30 957.85 0.00 463.65
2017-03-31 727.96 0.00 280.15
2016-12-31 710.47 0.00 269.88
2016-09-30 701.74 0.00 232.16
2016-06-30 685.65 0.00 219.42
2016-03-31 672.51 0.00 217.76
2015-12-31 640.83 0.00 196.78
2015-09-30 644.86 0.00 139.14
2015-06-30 652.56 0.00 113.07
2015-03-31 678.52 0.00 147.23
2014-12-31 738.02 0.00 156.11
2014-09-30 772.58 0.00 136.51
2014-06-30 745.42 0.00 98.80
2014-03-31 767.63 0.00 142.68
2013-12-31 743.81 0.00 111.27
2013-09-30 735.89 0.00 89.47
2013-06-30 718.87 0.00 81.43
2013-03-31 758.11 0.00 72.99
2012-12-31 122.10 0.00 1.29
  • Mr Green & Co has no debt.
  • Mr Green & Co has not taken on any debt in the past 5 years.
  • Mr Green & Co has no debt, it does not need to be covered by operating cash flow.
  • Mr Green & Co has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Mr Green & Co'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. Mr Green & Co 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 Mr Green & Co'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
1.89%
Current annual income from Mr Green & Co dividends. Estimated to be 2.75% next year.
If you bought €2,000 of Mr Green & Co shares you are expected to receive €38 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?
  • Mr Green & Co's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.55%).
  • Mr Green & Co's dividend is below the markets top 25% of dividend payers in Germany (3.93%).
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
DB:M9GN 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 4 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 5.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:M9GN Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 2.04 4.00
2019-12-31 1.76 4.00
2018-12-31 1.39 4.00
DB:M9GN Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2018-05-07 1.300 2.604
2016-10-28 0.000 0.000
2016-07-20 0.000 0.000
2016-04-29 0.000 0.000
2016-03-23 0.000 0.000
2016-02-19 0.000 0.000
2015-03-25 1.300 3.366
2015-02-20 1.300 3.391
2014-05-09 1.300 3.593
2014-04-03 1.300 3.658
2014-02-21 1.300 3.794

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

  • Whilst dividend payments have been stable, Mr Green & Co has been paying a dividend for less than 10 years.
  • Mr Green & Co has only been paying a dividend for 5 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Mr Green & Co's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
X
Income/ dividend checks
We assess Mr Green & Co's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Mr Green & Co afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mr Green & Co has a total score of 3/6, 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 Mr Green & Co'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
Per Norman
COMPENSATION SEK0
AGE 54
TENURE AS CEO 3.8 years
CEO Bio

Mr. Per Norman has been the Chief Executive Officer of Mr Green & Co AB (publ) since April 23, 2015 and serves as its President. Mr. Norman served as Senior Advisor of Mr Green Group since 2012. Mr. Norman served as Vice-Managing Director and Chief Technology Officer of Modern Times Group MTG AB. He served as Managing Director of SES Sirius, Managing Director of Boxer AB and as Vice-Chief Executive Officer of Teracom AB. He began his career in 1989 as a management consultant and has held a number of senior positions since 1997. He serves as the Chairman of the Board of Mr Green Ltd and Red Jade AB. He serves as a member of the Board of Green Gaming Group plc, Mediavision AB and Work for You AB. He served as a Director of Mr Green & Co AB (publ) since 2014. He holds a Master of Science in Mechanical Engineering from the Royal Institute of Technology (KTH) in Stockholm, Sweden and an MBA from Uppsala University.

CEO Compensation
  • Per's compensation has been consistent with company performance over the past year.
  • Per's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Mr Green & Co management team in years:

2.8
Average Tenure
54
Average Age
  • The tenure for the Mr Green & Co management team is about average.
Management Team

Per Norman

TITLE
CEO & President
AGE
54
TENURE
3.8 yrs

Simon Falk

TITLE
Chief Financial Officer
AGE
46
TENURE
5.1 yrs

Åse Lindskog

TITLE
Director of IR & Communications
AGE
56
TENURE
1.3 yrs

Jan Tjernell

TITLE
General Counsel
AGE
55
TENURE
3.3 yrs

Jesper Kärrbrink

TITLE
Chief Executive Officer of Mr Green Ltd
AGE
54
TENURE
2.8 yrs

Mattias Wedar

TITLE
Chief Executive Officer of Mr Green & Technology AB
AGE
45
TENURE
1.3 yrs

Niklas Grawé

TITLE
Chief Executive Officer of Unique Esports Venture
TENURE
1.1 yrs

Karl Cakste

TITLE
Chief Executive Officer of Gamingzone Entertainment
Board of Directors Tenure

Average tenure and age of the Mr Green & Co board of directors in years:

3.5
Average Tenure
57.5
Average Age
  • The tenure for the Mr Green & Co board of directors is about average.
Board of Directors

Kent Sander

TITLE
Chairman
COMPENSATION
SEK770K
AGE
65
TENURE
2.8 yrs

Eva Lindqvist

TITLE
Director
COMPENSATION
SEK427K
AGE
60
TENURE
2.8 yrs

Tommy Trollborg

TITLE
Director
COMPENSATION
SEK412K
AGE
79
TENURE
7.1 yrs

Henrik Bergquist

TITLE
Director
COMPENSATION
SEK310K
AGE
45
TENURE
6.1 yrs

Andrea Joosen

TITLE
Director
COMPENSATION
SEK340K
AGE
54
TENURE
4.1 yrs

Danko Maras

TITLE
Director
COMPENSATION
SEK382K
AGE
55
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • Mr Green & Co insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Jan 19 Sell Andrea Joosen Individual 21. Jan 19 21. Jan 19 -9,500 €6.73 €-63,960
21. Jan 19 Sell Nils Henrik Investment Ab Company 21. Jan 19 21. Jan 19 -4,356,834 €6.73 €-29,332,917
21. Jan 19 Sell Henrik Bergquist Individual 21. Jan 19 21. Jan 19 -1,168,875 €6.73 €-7,869,594
21. Jan 19 Sell Tommy Trollborg Individual 21. Jan 19 21. Jan 19 -456,069 €6.73 €-3,070,540
21. Jan 19 Sell Per Norman Individual 21. Jan 19 21. Jan 19 -370,000 €6.73 €-2,491,070
21. Jan 19 Sell Eva Lindqvist Individual 21. Jan 19 21. Jan 19 -2,300 €6.73 €-15,485
X
Management checks
We assess Mr Green & Co'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. Mr Green & Co 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

Simply Wall St News

Company Info

Map
Description

Mr Green & Co AB (publ), together with its subsidiaries, operates as an online gaming company under the Redbet and MrGreen brand names. It offers approximately 1,000 casino games that are available on mobile phones, computers, tablets, and live and virtual casino games, such as Live Beyond Live. The company also provides Sportsbook, a service in which customers could bet on sporting events and other events. In addition, it offers casino tournaments and number games, such as Bingo and One-Minute-Kino. Further, the company provides gaming software, product development, and support services for the online gaming industry. It operates in Denmark, Finland, Norway, Sweden, Ireland, Switzerland, Netherlands, the United Kingdom, Germany, Italy, Malta, Austria, and internationally. Mr Green & Co AB (publ) was formerly known as lacta Management AB. The company was founded in 2007 and is headquartered in Stockholm, Sweden.

Details
Name: Mr Green & Co AB (publ)
M9GN
Exchange: DB
Founded: 2007
SEK269,748,087
40,849,413
Website: http://www.mrg.se
Address: Mr Green & Co AB (publ)
Epicenter,
Master Samuelsgatan 36,
Stockholm,
Stockholm County, 111 57,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM MRG Share Capital OMX Nordic Exchange Stockholm SE SEK 28. Jun 2013
DB M9GN Share Capital Deutsche Boerse AG DE EUR 28. Jun 2013
OM MRG NPV OMX Nordic Exchange Stockholm SE SEK 24. May 2018
Number of employees
Current staff
Staff numbers
374
Mr Green & Co employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/04 22:34
End of day share price update: 2019/02/04 00:00
Last estimates confirmation: 2018/10/31
Last earnings filing: 2018/10/26
Last earnings reported: 2018/09/30
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.