Dampskibsselskabet Norden (DB:D69) - Stock Price, News & Analysis

D69 Stock Overview

A shipping company, owns and operates dry cargo and tanker vessels worldwide. More details

D69 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 71.9% below our estimate of its fair value

Risk Analysis

High level of non-cash earnings

Profit margins (4.6%) are lower than last year (13.5%)

Dividend of 18.38% is not well covered by free cash flows

Dampskibsselskabet Norden A/S Competitors

Wilson

DB:PM1

€258.8m

SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft

HMSE:NEP

€111.9m

Hapag-Lloyd

XTRA:HLAG

€27.0b

HAMMONIA Schiffsholding

HMSE:HHX

€40.7m

Price History & Performance

Summary of all time highs, changes and price drops for Dampskibsselskabet Norden
Historical stock prices
Current Share Price	DKK 29.28
52 Week High	DKK 51.10
52 Week Low	DKK 27.84
Beta	0.44
11 Month Change	-10.35%
3 Month Change	-21.50%
1 Year Change	-32.84%
33 Year Change	41.86%
5 Year Change	114.04%
Change since IPO	22.15%

Recent updates

Shareholder Returns

	D69	DE Shipping	DE Market
7D	1.3%	-3.5%	0.8%
1Y	-32.8%	2.9%	9.1%

Return vs Industry: D69 underperformed the German Shipping industry which returned 6.1% over the past year.

Return vs Market: D69 underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is D69's price volatile compared to industry and market?
D69 volatility
D69 Average Weekly Movement	4.5%
Shipping Industry Average Movement	4.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: D69 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: D69's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1871	479	Jan Rindbo	norden.com

Dampskibsselskabet Norden A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through two segments: Assets & Logistics, and Freight Services & Trading. The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to Freight Services & Trading.

Dampskibsselskabet Norden A/S Fundamentals Summary

How do Dampskibsselskabet Norden's earnings and revenue compare to its market cap?
D69 fundamental statistics
Market cap	€874.42m
Earnings (TTM)	€167.88m
Revenue (TTM)	€3.67b

5.2x

P/E Ratio

0.2x

P/S Ratio

Is D69 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
D69 income statement (TTM)
Revenue	US$3.85b
Cost of Revenue	US$3.34b
Gross Profit	US$510.90m
Other Expenses	US$334.70m
Earnings	US$176.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	5.83
Gross Margin	13.26%
Net Profit Margin	4.57%
Debt/Equity Ratio	16.4%

How did D69 perform over the long term?

See historical performance and comparison

Dividends

18.4%

Current Dividend Yield

44%

Payout Ratio

D69 Stock Overview

Rewards

Risk Analysis

Dampskibsselskabet Norden A/S Competitors

DB:PM1

€258.8m

HMSE:NEP

€111.9m

XTRA:HLAG

€27.0b

HMSE:HHX

€40.7m

Price History & Performance

Recent News & Updates

New major risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.80 (vs US$2.80 in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$1.50 (vs US$3.10 in 2Q 2023)

Dampskibsselskabet Norden A/S (CPSE:DNORD) announces an Equity Buyback for 1,000,000 shares, for DKK 95 million.

Chief Executive Officer recently bought €201k worth of stock

First quarter 2024 earnings released: EPS: US$2.00 (vs US$4.50 in 1Q 2023)

Recent updates

New major risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.80 (vs US$2.80 in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$1.50 (vs US$3.10 in 2Q 2023)

Dampskibsselskabet Norden A/S (CPSE:DNORD) announces an Equity Buyback for 1,000,000 shares, for DKK 95 million.

Chief Executive Officer recently bought €201k worth of stock

First quarter 2024 earnings released: EPS: US$2.00 (vs US$4.50 in 1Q 2023)

High number of new directors

Dampskibsselskabet NORDEN A/S Approves Distribution for the Year 2023

Dampskibsselskabet Norden A/S Announces Board Appointments

Upcoming dividend of kr.10.00 per share

Fourth quarter dividend of kr.10.00 announced

Now 20% overvalued after recent price rise

Full year 2023 earnings released: EPS: US$12.40 (vs US$21.19 in FY 2022)

Dampskibsselskabet Norden A/S Provides Earnings Guidance for the Year 2024

Dampskibsselskabet Norden A/S to Report Q1, 2024 Results on Apr 25, 2024

Investor sentiment deteriorates as stock falls 22%

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: US$2.80 (vs US$6.90 in 3Q 2022)

New minor risk - Earnings quality

Dampskibsselskabet Norden A/S Updates Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$3.10 (vs US$5.13 in 2Q 2022)

Investor sentiment deteriorates as stock falls 17%

Dampskibsselskabet Norden A/S Approves the Payment of Interim Dividends

Less than half of directors are independent

Upcoming dividend of kr.30.00 per share at 17% yield

Investor sentiment improves as stock rises 17%

Full year 2022 earnings released

Dampskibsselskabet Norden A/S Proposes Final Dividend

Dampskibsselskabet Norden A/S Provides Earnings Outlook for the Year 2023

Stephen Kunzer to Resign from Norden's Board of Directors, Effective from 31 January 2023

Dampskibsselskabet Norden A/S Revises Earnings Guidance for the Year 2022

Dampskibsselskabet Norden A/S to Report Q1, 2023 Results on May 03, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$6.90 (vs US$1.73 in 3Q 2021)

Investor sentiment deteriorated over the past week

Dampskibsselskabet Norden A/S Announces Interim Dividend for 2022, Payable on November 09, 2022

Investor sentiment improved over the past week

Dampskibsselskabet Norden A/S Raises Earnings Guidance for the Full-Year 2022

Second quarter 2022 earnings released: EPS: US$5.13 (vs US$0.84 in 2Q 2021)

Dampskibsselskabet Norden A/S Announces Interim Dividend for 2022, Payable on 23 August 2022

Dampskibsselskabet Norden A/S Raises Earnings Guidance for the Full Year 2022

Dampskibsselskabet Norden A/S Raises Earnings Guidance for the Full Year 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Norden Raises Profit Guidance for the Full Year 2022

First quarter 2022 earnings released: EPS: US$3.20 (vs US$0.40 loss in 1Q 2021)

Dampskibsselskabet Norden A/S Announces Management Changes

Less than half of directors are independent

Upcoming dividend of kr.18.00 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Dampskibsselskabet Norden A/S Proposes Dividend

Third quarter 2021 earnings released: EPS US$1.73 (vs US$0.68 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.85 (vs US$0.74 in 2Q 2020)

Investor sentiment improved over the past week

NORDEN Provides Earnings Guidance for the Year 2021

First quarter 2021 earnings released: US$0.40 loss per share (vs US$0.71 profit in 1Q 2020)

Investor sentiment improved over the past week

Upcoming Dividend of kr.9.00 Per Share