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MT Højgaard Holding

CPSE:MTHH
Snowflake Description

Exceptional growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MTHH
CPSE
DKK557M
Market Cap
  1. Home
  2. DK
  3. Capital Goods
Company description

MT Højgaard Holding A/S operates in the construction and civil engineering industry in Denmark, the North Atlantic countries, and internationally. The last earnings update was 94 days ago. More info.


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MTHH Share Price and Events
7 Day Returns
-2.1%
CPSE:MTHH
-4.4%
DK Construction
1%
DK Market
1 Year Returns
-50.7%
CPSE:MTHH
-30%
DK Construction
0.5%
DK Market
MTHH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MT Højgaard Holding (MTHH) -2.1% -5.3% 25.4% -50.7% -78.5% -72.5%
DK Construction -4.4% -10% -8% -30% -0.2% -7.5%
DK Market 1% -0.2% 2.2% 0.5% 2.3% 36.5%
1 Year Return vs Industry and Market
  • MTHH underperformed the Construction industry which returned -30% over the past year.
  • MTHH underperformed the Market in Denmark which returned 0.5% over the past year.
Price Volatility
MTHH
Industry
5yr Volatility vs Market

MTHH Value

 Is MT Højgaard Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MT Højgaard Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MT Højgaard Holding.

CPSE:MTHH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year DK Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CPSE:MTHH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DK Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.982 (1 + (1- 22%) (4.85%))
1.013
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.21% + (1.013 * 5.96%)
6.25%

Discounted Cash Flow Calculation for CPSE:MTHH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MT Højgaard Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

CPSE:MTHH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 6.25%)
2019 -105.00 Analyst x1 -98.82
2020 -57.30 Analyst x1 -50.76
2021 8.40 Analyst x1 7.00
2022 9.96 Est @ 18.58% 7.82
2023 11.26 Est @ 13.07% 8.32
2024 12.30 Est @ 9.21% 8.55
2025 13.10 Est @ 6.51% 8.57
2026 13.71 Est @ 4.62% 8.44
2027 14.16 Est @ 3.3% 8.21
2028 14.50 Est @ 2.37% 7.91
Present value of next 10 years cash flows DKK-84.77
CPSE:MTHH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= DKK14.50 × (1 + 0.21%) ÷ (6.25% – 0.21%)
DKK240.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK240.69 ÷ (1 + 6.25%)10
DKK131.28
CPSE:MTHH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK-84.77 + DKK131.28
DKK46.51
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK46.51 / 7.79
DKK5.97
CPSE:MTHH Discount to Share Price
Calculation Result
Value per share (DKK) From above. DKK5.97
Current discount Discount to share price of DKK71.50
= -1 x (DKK71.50 - DKK5.97) / DKK5.97
-1097%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of MT Højgaard Holding is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MT Højgaard Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MT Højgaard Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CPSE:MTHH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in DKK DKK-71.50
CPSE:MTHH Share Price ** CPSE (2019-05-24) in DKK DKK71.5
Europe Construction Industry PE Ratio Median Figure of 97 Publicly-Listed Construction Companies 10.21x
Denmark Market PE Ratio Median Figure of 103 Publicly-Listed Companies 16.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MT Højgaard Holding.

CPSE:MTHH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CPSE:MTHH Share Price ÷ EPS (both in DKK)

= 71.5 ÷ -71.50

-1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MT Højgaard Holding is loss making, we can't compare its value to the Europe Construction industry average.
  • MT Højgaard Holding is loss making, we can't compare the value of its earnings to the Denmark market.
Price based on expected Growth
Does MT Højgaard Holding's expected growth come at a high price?
Raw Data
CPSE:MTHH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
95.2%per year
Europe Construction Industry PEG Ratio Median Figure of 46 Publicly-Listed Construction Companies 1.14x
Denmark Market PEG Ratio Median Figure of 45 Publicly-Listed Companies 2.14x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MT Højgaard Holding, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MT Højgaard Holding's assets?
Raw Data
CPSE:MTHH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in DKK DKK45.28
CPSE:MTHH Share Price * CPSE (2019-05-24) in DKK DKK71.5
Denmark Construction Industry PB Ratio Median Figure of 5 Publicly-Listed Construction Companies 1.58x
Denmark Market PB Ratio Median Figure of 135 Publicly-Listed Companies 1.61x
CPSE:MTHH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CPSE:MTHH Share Price ÷ Book Value per Share (both in DKK)

= 71.5 ÷ 45.28

1.58x

* Primary Listing of MT Højgaard Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MT Højgaard Holding is good value based on assets compared to the DK Construction industry average.
X
Value checks
We assess MT Højgaard Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. MT Højgaard Holding has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MTHH Future Performance

 How is MT Højgaard Holding expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
95.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MT Højgaard Holding expected to grow at an attractive rate?
  • MT Højgaard Holding's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • MT Højgaard Holding's earnings growth is expected to exceed the Denmark market average.
  • MT Højgaard Holding's revenue growth is expected to exceed the Denmark market average.
Annual Growth Rates Comparison
Raw Data
CPSE:MTHH Future Growth Rates Data Sources
Data Point Source Value (per year)
CPSE:MTHH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 95.2%
CPSE:MTHH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 42.2%
Europe Construction Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Construction Industry Revenue Growth Rate Market Cap Weighted Average 2.9%
Denmark Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Denmark Market Revenue Growth Rate Market Cap Weighted Average 6.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CPSE:MTHH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CPSE:MTHH Future Estimates Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 7,715 108 137 1
2020-12-31 7,348 43 97 1
2019-12-31 6,998 -5 40 1
CPSE:MTHH Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2018-12-31 58 -17 -300
2018-09-30 55 -337
2018-06-30 54 3 -86
2018-03-31 53 -53
2017-12-31 60 3 -40
2017-09-30 65 -21
2017-06-30 71 7 10
2017-03-31 77 -1
2016-12-31 76 7 -1
2016-09-30 65 -93
2016-06-30 62 4 56
2016-03-31 57 77

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MT Højgaard Holding's earnings are expected to grow significantly at over 20% yearly.
  • MT Højgaard Holding's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CPSE:MTHH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from MT Højgaard Holding Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:MTHH Future Estimates Data
Date (Data in DKK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 17.50 17.50 17.50 1.00
2020-12-31 12.50 12.50 12.50 1.00
2019-12-31 5.19 5.19 5.19 1.00
CPSE:MTHH Past Financials Data
Date (Data in DKK Millions) EPS *
2018-12-31 -71.50
2018-09-30 -80.31
2018-06-30 -20.57
2018-03-31 -12.55
2017-12-31 -9.48
2017-09-30 -4.95
2017-06-30 2.26
2017-03-31 -0.31
2016-12-31 -0.12
2016-09-30 -22.21
2016-06-30 13.21
2016-03-31 18.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • MT Højgaard Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess MT Højgaard Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MT Højgaard Holding has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MTHH Past Performance

  How has MT Højgaard Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MT Højgaard Holding's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MT Højgaard Holding does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare MT Højgaard Holding's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MT Højgaard Holding's 1-year growth to the Europe Construction industry average as it is not currently profitable.
Earnings and Revenue History
MT Højgaard Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MT Højgaard Holding Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:MTHH Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 57.50 -300.30 6.40
2018-09-30 55.40 -337.30 6.10
2018-06-30 54.20 -86.40 6.20
2018-03-31 53.20 -52.70 6.10
2017-12-31 59.80 -39.80 6.10
2017-09-30 64.90 -20.80 5.70
2017-06-30 70.60 9.50 5.70
2017-03-31 77.30 -1.30 5.70
2016-12-31 75.60 -0.50 5.70
2016-09-30 64.90 -93.30 4.90
2016-06-30 62.30 55.50 4.90
2016-03-31 57.30 76.90 4.90
2015-12-31 57.90 102.80 4.90
2015-09-30 66.20 209.00 6.40
2015-06-30 67.70 -27.40 6.20
2015-03-31 68.30 -35.70 6.00
2014-12-31 69.50 -175.90 5.80
2014-09-30 70.00 -153.50 3.20
2014-06-30 69.10 -55.60 3.50
2014-03-31 71.10 -70.80 4.30
2013-12-31 72.20 25.20 4.70
2013-09-30 1,156.70 -238.00 78.60
2013-06-30 2,358.50 -243.40 127.30
2013-03-31 3,985.90 -237.50 182.20
2012-12-31 5,333.50 -267.90 246.40
2012-09-30 5,693.20 -153.80 240.10
2012-06-30 5,734.40 -184.00 242.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MT Højgaard Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MT Højgaard Holding has efficiently used its assets last year compared to the Europe Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MT Højgaard Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MT Højgaard Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MT Højgaard Holding has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MTHH Health

 How is MT Højgaard Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MT Højgaard Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MT Højgaard Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MT Højgaard Holding's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of MT Højgaard Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MT Højgaard Holding Company Filings, last reported 4 months ago.

CPSE:MTHH Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 190.40 27.00 1.40
2018-09-30 377.20 42.50 7.40
2018-06-30 377.20 42.50 7.40
2018-03-31 427.60 42.50 5.60
2017-12-31 427.60 42.50 5.60
2017-09-30 465.90 42.50 4.90
2017-06-30 465.90 42.50 4.90
2017-03-31 468.30 42.50 2.50
2016-12-31 468.30 42.50 2.50
2016-09-30 454.00 46.50 2.40
2016-06-30 454.00 46.50 2.40
2016-03-31 471.80 48.50 1.20
2015-12-31 471.80 48.50 1.20
2015-09-30 547.00 51.00 5.40
2015-06-30 402.30 51.00 3.00
2015-03-31 376.00 52.00 4.10
2014-12-31 362.20 56.00 6.20
2014-09-30 335.20 58.00 5.40
2014-06-30 429.00 58.00 5.80
2014-03-31 420.60 58.00 4.10
2013-12-31 547.10 62.00 9.30
2013-09-30 494.50 348.90 185.50
2013-06-30 486.20 335.20 202.00
2013-03-31 487.50 269.30 218.40
2012-12-31 515.60 292.00 281.40
2012-09-30 724.60 323.20 284.60
2012-06-30 726.80 243.80 397.10
  • MT Højgaard Holding's level of debt (14.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (11.4% vs 14.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • MT Højgaard Holding has less than a year of cash runway based on current free cash flow.
  • MT Højgaard Holding has less than a year of cash runway if free cash flow continues to grow at historical rates of 76% each year.
X
Financial health checks
We assess MT Højgaard Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MT Højgaard Holding has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MTHH Dividends

 What is MT Højgaard Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MT Højgaard Holding dividends.
If you bought DKK2,000 of MT Højgaard Holding shares you are expected to receive DKK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MT Højgaard Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MT Højgaard Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CPSE:MTHH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Construction Industry Average Dividend Yield Market Cap Weighted Average of 73 Stocks 3.9%
Denmark Market Average Dividend Yield Market Cap Weighted Average of 78 Stocks 2.5%
Denmark Minimum Threshold Dividend Yield 10th Percentile 1%
Denmark Bottom 25% Dividend Yield 25th Percentile 1.6%
Denmark Top 25% Dividend Yield 75th Percentile 4.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

CPSE:MTHH Future Dividends Estimate Data
Date (Data in DKK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
CPSE:MTHH Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2012-11-16 0.000 0.000
2012-08-28 0.000 0.000
2012-05-16 0.000 0.000
2012-03-14 0.000 0.000
2012-01-16 0.000 0.000
2011-01-17 8.000 6.305
2010-05-28 10.000 5.196
2010-03-24 10.000 4.284
2010-01-15 10.000 4.714

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MT Højgaard Holding has not reported any payouts.
  • Unable to verify if MT Højgaard Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MT Højgaard Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MT Højgaard Holding has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MT Højgaard Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MT Højgaard Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MT Højgaard Holding has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MTHH Management

 What is the CEO of MT Højgaard Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Anders Jensen
AGE 54
TENURE AS CEO 0.3 years
CEO Bio

Mr. Anders Heine Jensen has been President, Chief Executive Officer & Member of Executive Board at MT Højgaard A/S since November 1, 2018. He has been President, Chief Executive Officer & Member of Executive Board at Højgaard Holding A/S since February 7, 2019. He has been President and Chief Executive Officer of MTH GROUP since December 1, 2018. He has been Chief Executive Officer of Burmeister & Wain Scandinavian Contractor A/S since 2011. Mr. Heine served as DONG Energy and A.P. Møller-Mærsk. His special expertise is in infrastructure projects, management, strategy and project finance and he has solid experience from energy and contracting companies. Mr. Heine served as Chairman of Monberg & Thorsen A/S. from 2017 to 2018 and serves as its Director since April 2017. Mr. Anders Heine Jensen served as Deputy Chairman at Mt Højgaard A/S until October 31, 2018. He served as Vice Chairman and Director at Mt Højgaard A/S from December 16, 2015 to March 16, 2017. He has been Director of Haldor Topsøe A/S since December 16, 2015. He serves as Director of DI Energy. He is a member of the International Market Committee of the Confederation of Danish Industry (DI). Mr. Jensen holds M.Sc. in Mechanical Engineering from DTU and an HD in International Business from CBS form 1986 to 1998.

CEO Compensation
  • Insufficient data for Anders to compare compensation growth.
  • Insufficient data for Anders to establish whether their remuneration is reasonable compared to companies of similar size in Denmark.
Management Team

Anders Jensen

TITLE
President
AGE
54
TENURE
0.3 yrs

Egil Madsen

TITLE
CFO & Member of Executive Board
AGE
53
TENURE
0.3 yrs

Ann-Louise Elkjær

TITLE
Vice President of Communications and Human Resources
Board of Directors Tenure

Average tenure and age of the MT Højgaard Holding board of directors in years:

0.1
Average Tenure
54.5
Average Age
  • The average tenure for the MT Højgaard Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Carsten Dilling

TITLE
Chairman of the Board
AGE
56
TENURE
0.1 yrs

Anders Lindberg

TITLE
Vice Chairman
AGE
53
TENURE
0.1 yrs

Pernille Fabricius

TITLE
Director
AGE
52
TENURE
5.1 yrs

Ole Jess Røsdahl

TITLE
Director
AGE
54
TENURE
0.1 yrs

Christine Thorsen

TITLE
Director
AGE
60
TENURE
0.1 yrs

Morten Hansen

TITLE
Director
AGE
55
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (DKK) Value (DKK)
X
Management checks
We assess MT Højgaard Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MT Højgaard Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MTHH News

Simply Wall St News

The MT Højgaard Holding (CPH:MTHH) Share Price Is Down 78% So Some Shareholders Are Rather Upset

MT Højgaard Holding isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … In the last three years MT Højgaard Holding saw its revenue shrink by 4.2% per year. … The share price fall of 40% (per year, over three years) is a stern reminder that money-losing companies are expected to grow revenue.

Simply Wall St -

MTHH Company Info

Description

MT Højgaard Holding A/S operates in the construction and civil engineering industry in Denmark, the North Atlantic countries, and internationally. The company develops, constructs, and refurbishes buildings on a main, design-build, or subcontract basis for private and public customers, organizations, and housing associations. It also undertakes infrastructure projects, earthworks and piling, marine works, and shell construction. The company, formerly known as Højgaard Holding A/S, is based in Søborg, Denmark.

Details
Name: MT Højgaard Holding A/S
MTHH
Exchange: CPSE
Founded:
DKK556,775,433
7,787,069
Website: http://www.mthh.dk
Address: MT Højgaard Holding A/S
Knud Højgaards Vej 7,
Søborg,
Capital Region of Denmark, 2860,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE MTHH Ordinary Shares OMX Nordic Exchange Copenhagen DK DKK 02. Jan 1992
BATS-CHIXE HOEJBC Ordinary Shares BATS 'Chi-X Europe' GB DKK 02. Jan 1992
Number of employees
Current staff
Staff numbers
29
MT Højgaard Holding employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 20:48
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/13
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.