| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
SYDB Stock Overview
Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally.
Sydbank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr.235.40 |
| 52 Week High | kr.242.20 |
| 52 Week Low | kr.120.10 |
| Beta | 1.35 |
| 1 Month Change | 16.30% |
| 3 Month Change | 6.04% |
| 1 Year Change | 71.08% |
| 3 Year Change | 50.13% |
| 5 Year Change | 5.66% |
| Change since IPO | 697.97% |
Recent News & Updates
Shareholder Returns
| SYDB | DK Banks | DK Market | |
|---|---|---|---|
| 7D | 7.4% | 6.3% | -1.3% |
| 1Y | 71.1% | 28.1% | 9.9% |
Return vs Industry: SYDB exceeded the Danish Banks industry which returned 31.9% over the past year.
Return vs Market: SYDB exceeded the Danish Market which returned 10.1% over the past year.
Price Volatility
| SYDB volatility | |
|---|---|
| SYDB Average Weekly Movement | 3.9% |
| Banks Industry Average Movement | 3.5% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in DK Market | 10.2% |
| 10% least volatile stocks in DK Market | 3.0% |
Stable Share Price: SYDB is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SYDB's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1970 | 2,109 | Karen Frøsig | https://www.sydbank.com |
Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. It offers various deposits, and loans and advances; and corporate banking services, including financing solutions and advisory services; and international commercial banking services, such as payment services and cash management solutions.
Sydbank Fundamentals Summary
| SYDB fundamental statistics | |
|---|---|
| Market Cap | kr.13.62b |
| Earnings (TTM) | kr.1.23b |
| Revenue (TTM) | kr.4.98b |
11.0x
P/E Ratio1.0x
P/B RatioIs SYDB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SYDB income statement (TTM) | |
|---|---|
| Revenue | kr.4.98b |
| Cost of Revenue | kr.0 |
| Gross Profit | kr.4.98b |
| Expenses | kr.3.74b |
| Earnings | kr.1.23b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Mar 02, 2022
| Earnings per share (EPS) | 21.32 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.80% |
| Debt/Equity Ratio | 181.8% |
How did SYDB perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield19%
Payout RatioValuation
Is Sydbank undervalued compared to its fair value and its price relative to the market?
49.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SYDB (DKK235.4) is trading below our estimate of fair value (DKK466.87)
Significantly Below Fair Value: SYDB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SYDB is poor value based on its PE Ratio (11x) compared to the Danish Banks industry average (9.9x).
PE vs Market: SYDB is good value based on its PE Ratio (11x) compared to the Danish market (17x).
Price to Earnings Growth Ratio
PEG Ratio: SYDB is poor value based on its PEG Ratio (10.7x)
Price to Book Ratio
PB vs Industry: SYDB is overvalued based on its PB Ratio (1x) compared to the DK Banks industry average (0.9x).
Future Growth
How is Sydbank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
1.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYDB's forecast earnings growth (1% per year) is above the savings rate (0.1%).
Earnings vs Market: SYDB's earnings (1% per year) are forecast to grow slower than the Danish market (8.5% per year).
High Growth Earnings: SYDB's earnings are forecast to grow, but not significantly.
Revenue vs Market: SYDB's revenue (2.2% per year) is forecast to grow slower than the Danish market (6.7% per year).
High Growth Revenue: SYDB's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SYDB's Return on Equity is forecast to be low in 3 years time (10.4%).
Past Performance
How has Sydbank performed over the past 5 years?
-13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYDB has high quality earnings.
Growing Profit Margin: SYDB's current net profit margins (24.8%) are higher than last year (20%).
Past Earnings Growth Analysis
Earnings Trend: SYDB's earnings have declined by 13.4% per year over the past 5 years.
Accelerating Growth: SYDB's earnings growth over the past year (61.1%) exceeds its 5-year average (-13.4% per year).
Earnings vs Industry: SYDB earnings growth over the past year (61.1%) underperformed the Banks industry 61.1%.
Return on Equity
High ROE: SYDB's Return on Equity (9.3%) is considered low.
Financial Health
How is Sydbank'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: SYDB's Assets to Equity ratio (12.4x) is moderate.
Allowance for Bad Loans: SYDB has a sufficient allowance for bad loans (134%).
Low Risk Liabilities: 74% of SYDB's liabilities are made up of primarily low risk sources of funding.
Loan Level: SYDB has an appropriate level of Loans to Assets ratio (39%).
Low Risk Deposits: SYDB's Loans to Deposits ratio (57%) is appropriate.
Level of Bad Loans: SYDB has a high level of bad loans (2%).
Dividend
What is Sydbank current dividend yield, its reliability and sustainability?
1.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SYDB's dividend (1.7%) is higher than the bottom 25% of dividend payers in the Danish market (1.17%).
High Dividend: SYDB's dividend (1.7%) is low compared to the top 25% of dividend payers in the Danish market (3.24%).
Stability and Growth of Payments
Stable Dividend: SYDB's dividend payments have been volatile in the past 10 years.
Growing Dividend: SYDB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.2%), SYDB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYDB's dividends in 3 years are forecast to be well covered by earnings (47.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Karen Frøsig (63 yo)
12yrs
Tenure
kr.7,300,000
Compensation
Ms. Karen Frøsig serves as Chief Executive Officer at Sydbank A/S since 2010. Ms. Frøsig served as President of Sydbank A/S since June 1, 2010 until October 2019 and also served as Managing Director. She s...
CEO Compensation Analysis
Compensation vs Market: Karen's total compensation ($USD1.12M) is about average for companies of similar size in the Danish market ($USD1.39M).
Compensation vs Earnings: Karen's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SYDB's management team is seasoned and experienced (6.2 years average tenure).
Board Members
Experienced Board: SYDB's board of directors are considered experienced (3.8 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
Sydbank A/S's employee growth, exchange listings and data sources
Key Information
- Name: Sydbank A/S
- Ticker: SYDB
- Exchange: CPSE
- Founded: 1970
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: kr.13.622b
- Shares outstanding: 57.87m
- Website: https://www.sydbank.com
Number of Employees
Location
- Sydbank A/S
- Peberlyk 4
- PO Box 1038
- Aabenraa
- Region of Southern Denmark
- 6200
- Denmark
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:02 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.