CPSE:LUXOR B

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Investeringsselskabet Luxor

Executive Summary

Investeringsselskabet Luxor A/S is a publicly owned investment manager. More Details


Snowflake Analysis

Solid track record second-rate dividend payer.

Share Price & News

How has Investeringsselskabet Luxor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LUXOR B is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

-2.0%

LUXOR B

0.6%

DK Mortgage

1.1%

DK Market


1 Year Return

16.8%

LUXOR B

1.6%

DK Mortgage

25.0%

DK Market

Return vs Industry: LUXOR B exceeded the Danish Mortgage industry which returned 1.6% over the past year.

Return vs Market: LUXOR B underperformed the Danish Market which returned 25% over the past year.


Shareholder returns

LUXOR BIndustryMarket
7 Day-2.0%0.6%1.1%
30 Day4.6%0.5%3.1%
90 Day16.3%21.5%10.4%
1 Year23.3%16.8%1.9%1.6%27.3%25.0%
3 Year26.3%9.2%9.2%3.1%56.8%44.5%
5 Year86.5%51.5%51.9%38.2%72.4%50.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Investeringsselskabet Luxor undervalued compared to its fair value and its price relative to the market?

13.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LUXOR B (DKK500) is trading above our estimate of fair value (DKK352.9)

Significantly Below Fair Value: LUXOR B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LUXOR B is poor value based on its PE Ratio (13.9x) compared to the XE Mortgage industry average (13.1x).

PE vs Market: LUXOR B is good value based on its PE Ratio (13.9x) compared to the Danish market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LUXOR B is overvalued based on its PB Ratio (1.4x) compared to the XE Mortgage industry average (0.9x).


Next Steps

Future Growth

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

20.2%

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 Investeringsselskabet Luxor 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 Investeringsselskabet Luxor performed over the past 5 years?

25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LUXOR B has high quality earnings.

Growing Profit Margin: LUXOR B's current net profit margins (44%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: LUXOR B has become profitable over the past 5 years, growing earnings by 25.5% per year.

Accelerating Growth: LUXOR B's earnings growth over the past year (134.4%) exceeds its 5-year average (25.5% per year).

Earnings vs Industry: LUXOR B earnings growth over the past year (134.4%) exceeded the Mortgage industry -6.8%.


Return on Equity

High ROE: LUXOR B's Return on Equity (10%) is considered low.


Next Steps

Financial Health

How is Investeringsselskabet Luxor'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: LUXOR B's Assets to Equity ratio (2.5x) is low.

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

Low Risk Liabilities: LUXOR B reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if LUXOR B has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: LUXOR B reports no customer deposits, loans are made up entirely of externally borrowed funds.

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


Next Steps

Dividend

What is Investeringsselskabet Luxor current dividend yield, its reliability and sustainability?

5.00%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: LUXOR B's dividend (5%) is higher than the bottom 25% of dividend payers in the Danish market (0.92%).

High Dividend: LUXOR B's dividend (5%) is in the top 25% of dividend payers in the Danish market (3.47%)


Stability and Growth of Payments

Stable Dividend: LUXOR B has been paying a dividend for less than 10 years and during this time payments have been volatile.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.4%), LUXOR B's dividend payments are 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?


CEO

Jannik Larsen (51 yo)

4.58yrs

Tenure

Mr. Jannik Rolf Larsen has been Chief Executive Officer and Member of Executive Board of Investeringsselskabet Luxor A/S since June 1, 2016 and June 1, 2015 respectively and also served as its Manager.


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

Investeringsselskabet Luxor A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Investeringsselskabet Luxor A/S
  • Ticker: LUXOR B
  • Exchange: CPSE
  • Founded: 1973
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: kr.505.000m
  • Shares outstanding: 1.00m
  • Website: https://www.luxor.dk

Number of Employees


Location

  • Investeringsselskabet Luxor A/S
  • Frederiksborggade 50
  • Fourth Floor
  • Copenhagen
  • Capital Region of Denmark
  • 1360
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LUXOR BCPSE (OMX Nordic Exchange Copenhagen)YesClass B SharesDKDKKApr 1995
0F5MLSE (London Stock Exchange)YesClass B SharesGBDKKApr 1995
LUXOBCBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBDKKApr 1995

Biography

Investeringsselskabet Luxor A/S is a publicly owned investment manager. It invests in mortgages deeds, bonds, interest-bearing securities and properties. Investeringsselskabet Luxor A/S was founded in 1973...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 18:06
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.