CPSE:JYSK

Stock Analysis Report

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Market Cap

kr.21.8b

Last Updated

2021/06/24 21:48 UTC

Data Sources

Company Financials +

Executive Summary

Jyske Bank A/S provides a range of financial solutions to personal and corporate clients in Denmark, Gibraltar, and Germany. More Details


Snowflake Analysis

Undervalued with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: JYSK is less volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: JYSK's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.3%

JYSK

-1.9%

DK Banks

-1.1%

DK Market


1 Year Return

58.2%

JYSK

30.4%

DK Banks

29.4%

DK Market

Return vs Industry: JYSK exceeded the Danish Banks industry which returned 30.4% over the past year.

Return vs Market: JYSK exceeded the Danish Market which returned 29.4% over the past year.


Shareholder returns

JYSKIndustryMarket
7 Day-0.3%-1.9%-1.1%
30 Day-5.4%-3.8%1.6%
90 Day3.6%-1.0%11.0%
1 Year58.2%58.2%32.5%30.4%32.7%29.4%
3 Year-9.6%-11.1%-23.2%-29.0%73.9%60.8%
5 Year29.3%21.4%-2.8%-20.4%99.5%74.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

21.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JYSK (DKK307) is trading below our estimate of fair value (DKK390.65)

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


Price To Earnings Ratio

PE vs Industry: JYSK is good value based on its PE Ratio (7.2x) compared to the Danish Banks industry average (9.9x).

PE vs Market: JYSK is good value based on its PE Ratio (7.2x) compared to the Danish market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: JYSK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: JYSK is good value based on its PB Ratio (0.6x) compared to the DK Banks industry average (0.8x).


Future Growth

How is Jyske Bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-9.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JYSK's earnings are forecast to decline over the next 3 years (-9.4% per year).

Earnings vs Market: JYSK's earnings are forecast to decline over the next 3 years (-9.4% per year).

High Growth Earnings: JYSK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: JYSK's revenue is expected to decline over the next 3 years (-3.8% per year).

High Growth Revenue: JYSK's revenue is forecast to decline over the next 3 years (-3.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JYSK's Return on Equity is forecast to be low in 3 years time (6.4%).


Past Performance

How has Jyske Bank performed over the past 5 years?

-12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JYSK has high quality earnings.

Growing Profit Margin: JYSK's current net profit margins (32.8%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: JYSK's earnings have declined by 12% per year over the past 5 years.

Accelerating Growth: JYSK's earnings growth over the past year (250.6%) exceeds its 5-year average (-12% per year).

Earnings vs Industry: JYSK earnings growth over the past year (250.6%) exceeded the Banks industry 15%.


Return on Equity

High ROE: JYSK's Return on Equity (8.8%) is considered low.


Financial Health

How is Jyske 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: JYSK's Assets to Equity ratio (18.3x) is moderate.

Allowance for Bad Loans: JYSK has a low allowance for bad loans (90%).

Low Risk Liabilities: 78% of JYSK's liabilities are made up of primarily higher risk sources of funding.

Loan Level: JYSK has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: JYSK's Loans to Deposits ratio (312%) is high.

Level of Bad Loans: JYSK has an appropriate level of bad loans (1.9%).


Dividend

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

0.081%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate JYSK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate JYSK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if JYSK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JYSK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: JYSK is not paying a notable dividend for the Danish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JYSK's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.


Next Steps

Management

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

11.8yrs

Average management tenure


CEO

Anders Dam (64 yo)

24.42yrs

Tenure

kr.10,300,000

Compensation

Mr. Anders Christian Dam has been the Chief Executive Officer and Managing Director of Jyske Bank A/S since 1997 and since 1995 respectively. Mr. Dam also serves as Member of Executive Board at Jyske Bank ...


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD1.65M) is about average for companies of similar size in the Danish market ($USD1.51M).

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


Leadership Team

Experienced Management: JYSK's management team is seasoned and experienced (11.8 years average tenure).


Board Members

Experienced Board: JYSK's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Jyske Bank A/S
  • Ticker: JYSK
  • Exchange: CPSE
  • Founded: 1967
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: kr.21.817b
  • Shares outstanding: 71.07m
  • Website: https://www.jyskebank.dk

Number of Employees


Location

  • Jyske Bank A/S
  • Vestergade 8-16
  • Silkeborg
  • Central Denmark Region
  • 8600
  • Denmark

Listings


Biography

Jyske Bank A/S provides a range of financial solutions to personal and corporate clients in Denmark, Gibraltar, and Germany. The company operates through Banking Activities, Mortgage Activities, and Leasin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 21:48
End of Day Share Price2021/06/24 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.