CPSE:DJUR

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Djurslands Bank

Executive Summary

Djurslands Bank A/S provides various banking products and services in Denmark.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Djurslands Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DJUR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.5%

DJUR

0.7%

DK Banks

2.9%

DK Market


1 Year Return

-5.7%

DJUR

7.1%

DK Banks

28.3%

DK Market

Return vs Industry: DJUR underperformed the Danish Banks industry which returned 4.7% over the past year.

Return vs Market: DJUR underperformed the Danish Market which returned 25.5% over the past year.


Shareholder returns

DJURIndustryMarket
7 Day-2.5%0.7%2.9%
30 Day-4.2%-1.4%2.2%
90 Day1.8%12.8%12.9%
1 Year-2.7%-5.7%8.6%7.1%30.8%28.3%
3 Year-6.0%-13.7%-12.4%-33.9%50.6%37.7%
5 Year-2.1%-14.8%6.2%-23.3%56.0%36.4%

Price Volatility Vs. Market

How volatile is Djurslands Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Djurslands Bank undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DJUR (DKK230) is trading below our estimate of fair value (DKK478.22)

Significantly Below Fair Value: DJUR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DJUR is poor value based on its PE Ratio (10.1x) compared to the DK Banks industry average (8.3x).

PE vs Market: DJUR is good value based on its PE Ratio (10.1x) compared to the Danish market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DJUR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DJUR's PB Ratio (0.5x) is in line with the DK Banks industry average.


Next Steps

Future Growth

How is Djurslands Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.5%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Djurslands Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Djurslands Bank performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DJUR has high quality earnings.

Growing Profit Margin: DJUR's current net profit margins (18.2%) are lower than last year (22.2%).


Past Earnings Growth Analysis

Earnings Trend: DJUR's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: DJUR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DJUR had negative earnings growth (-23.5%) over the past year, making it difficult to compare to the Banks industry average (10.4%).


Return on Equity

High ROE: DJUR's Return on Equity (5.4%) is considered low.


Next Steps

Financial Health

How is Djurslands Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: DJUR's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: Insufficient data to determine if DJUR has a sufficient allowance for bad loans.

Low Risk Liabilities: 95% of DJUR's liabilities are made up of primarily low risk sources of funding.

Loan Level: DJUR has an appropriate level of Loans to Assets ratio (36%).

Low Risk Deposits: DJUR's Loans to Deposits ratio (42%) is appropriate.

Level of Bad Loans: Insufficient data to determine if DJUR has an appropriate level of bad loans.


Next Steps

Dividend

What is Djurslands Bank current dividend yield, its reliability and sustainability?

3.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DJUR's dividend (3.48%) is higher than the bottom 25% of dividend payers in the Danish market (1.37%).

High Dividend: DJUR's dividend (3.48%) is low compared to the top 25% of dividend payers in the Danish market (3.51%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, DJUR has been paying a dividend for less than 10 years.

Growing Dividend: DJUR's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35%), DJUR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Lars Kristensen (60 yo)

4.25yrs

Tenure

kr.2,824,000

Compensation

Mr. Lars Møller Kristensen serves as Member of the Executive Board of Djurslands Bank A/S (“Djurslands Bank”) since 2014 and its Chief Executive Officer. Mr. Kristensen is a Member of the Boards of Directo ...


CEO Compensation Analysis

Compensation vs Market: Lars's total compensation ($USD446.16K) is about average for companies of similar size in the Danish market ($USD446.16K).

Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Lars Kristensen
CEO & Member of Executive Board4.25yrskr.2.82mno data
Tina Klausen
Head of Departmentno datano datano data
Helle Bærentsen
Financial Adviser14.58yrskr.106.00kno data
Jonas Balslev
Chief Financial Officer5.17yrsno datano data
Jens Mikkelsen
Partner & COO3.42yrsno datano data
Jens Reckweg
Chief Audit Executiveno datano datano data

4.3yrs

Average Tenure

60yo

Average Age

Experienced Management: DJUR's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Helle Bærentsen
Financial Adviser14.58yrskr.106.00kno data
Mikael Sorensen
Independent Director12.58yrskr.106.00kno data
Ejner Soby
Independent Vice Chairman of the Board4.42yrskr.212.00kno data
Peter Sorensen
Independent Chairman of the Board4.42yrskr.265.00kno data
Peter Pedersen
Independent Director7.42yrskr.106.00kno data
Bente Hog
Independent Director4.42yrskr.106.00kno data
Anders Rasmussen
Employee Representative Director3yrskr.106.00kno data
Morten Svenningsen
Employee Representative Director2.42yrskr.106.00kno data
Merete Hoe
Independent Director2.42yrskr.106.00kno data

4.4yrs

Average Tenure

55yo

Average Age

Experienced Board: DJUR's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Djurslands Bank A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Djurslands Bank A/S
  • Ticker: DJUR
  • Exchange: CPSE
  • Founded: 1965
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: kr.618.080m
  • Shares outstanding: 2.69m
  • Website: https://www.djurslandsbank.dk

Number of Employees


Location

  • Djurslands Bank A/S
  • Torvet 5
  • Grenaa
  • 8500
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DJURCPSE (OMX Nordic Exchange Copenhagen)YesEquity SharesDKDKKJan 1992
0J8ILSE (London Stock Exchange)YesEquity SharesGBDKKJan 1992
DJURCBATS-CHIXE (BATS 'Chi-X Europe')YesEquity SharesGBDKKJan 1992

Biography

Djurslands Bank A/S provides various banking products and services in Denmark. The company accepts various deposits; offers loans, such as car loans; pension; insurance; and leasing products, as well as pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 21:44
End of Day Share Price2020/08/11 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.