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Market Cap

kr.1.5b

Last Updated

2021/04/09 17:11 UTC

Data Sources

Company Financials +

Executive Summary

MT Højgaard Holding A/S operates in the construction and civil engineering industry in Denmark and internationally. More Details


Snowflake Analysis

High growth potential with mediocre balance sheet.

Share Price & News

How has MT Højgaard Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MTHH is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MTHH's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

2.4%

MTHH

1.1%

DK Construction

1.4%

DK Market


1 Year Return

98.5%

MTHH

22.7%

DK Construction

37.5%

DK Market

Return vs Industry: MTHH exceeded the Danish Construction industry which returned 22.7% over the past year.

Return vs Market: MTHH exceeded the Danish Market which returned 37.5% over the past year.


Shareholder returns

MTHHIndustryMarket
7 Day2.4%1.1%1.4%
30 Day-3.2%2.0%5.3%
90 Day4.0%4.7%-1.0%
1 Year98.5%98.5%26.2%22.7%41.1%37.5%
3 Year40.9%40.9%9.2%-1.0%71.6%58.2%
5 Year-46.0%-46.0%27.0%8.5%79.9%56.3%

Long-Term Price Volatility Vs. Market

How volatile is MT Højgaard Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MT Højgaard Holding 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: MTHH (DKK194.5) is trading below our estimate of fair value (DKK606.04)

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


Price To Earnings Ratio

PE vs Industry: MTHH is poor value based on its PE Ratio (115.6x) compared to the XE Construction industry average (15.2x).

PE vs Market: MTHH is poor value based on its PE Ratio (115.6x) compared to the Danish market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: MTHH is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: MTHH is overvalued based on its PB Ratio (2.5x) compared to the XE Construction industry average (1.5x).


Future Growth

How is MT Højgaard Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

54.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTHH's forecast earnings growth (54.4% per year) is above the savings rate (0.2%).

Earnings vs Market: MTHH's earnings (54.4% per year) are forecast to grow faster than the Danish market (10% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MTHH's revenue (9.7% per year) is forecast to grow faster than the Danish market (6.6% per year).

High Growth Revenue: MTHH's revenue (9.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTHH's Return on Equity is forecast to be high in 3 years time (22.6%)


Past Performance

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

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTHH has a large one-off loss of DKK34.5M impacting its December 31 2020 financial results.

Growing Profit Margin: MTHH's current net profit margins (0.2%) are lower than last year (1.2%).


Past Earnings Growth Analysis

Earnings Trend: MTHH has become profitable over the past 5 years, growing earnings by -17.9% per year.

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

Earnings vs Industry: MTHH had negative earnings growth (-76.8%) over the past year, making it difficult to compare to the Construction industry average (0.7%).


Return on Equity

High ROE: MTHH's Return on Equity (2.2%) is considered low.


Financial Health

How is MT Højgaard Holding's financial position?


Financial Position Analysis

Short Term Liabilities: MTHH's short term assets (DKK2.4B) exceed its short term liabilities (DKK2.2B).

Long Term Liabilities: MTHH's short term assets (DKK2.4B) exceed its long term liabilities (DKK1.2B).


Debt to Equity History and Analysis

Debt Level: MTHH's debt to equity ratio (73.6%) is considered high.

Reducing Debt: MTHH's debt to equity ratio has increased from 10.3% to 73.6% over the past 5 years.

Debt Coverage: MTHH's debt is well covered by operating cash flow (29.7%).

Interest Coverage: MTHH's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MTHH'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 MTHH's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTHH'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?

5.3yrs

Average board tenure


CEO

Morten Hansen (57 yo)

1.42yrs

Tenure

Mr. Morten Hansen is the Owner and CEO in Omnia Invest A/S, Tirsbæk Bakker A/S and Juulsbjerg Ejendomme A/S. He serves as President and Chief Executive Officer at MT Højgaard Holding A/S and MT Højgaard A/...


Board Members

Experienced Board: MTHH's board of directors are considered experienced (5.3 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

MT Højgaard Holding A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MT Højgaard Holding A/S
  • Ticker: MTHH
  • Exchange: CPSE
  • Founded: 1918
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: kr.1.515b
  • Shares outstanding: 7.75m
  • Website: https://www.mthh.dk

Number of Employees


Location

  • MT Højgaard Holding A/S
  • Knud HOejgaards Vej 7
  • Søborg
  • Capital Region of Denmark
  • 2860
  • Denmark

Listings


Biography

MT Højgaard Holding A/S operates in the construction and civil engineering industry in Denmark and internationally. It develops, constructs, and refurbishes buildings, and design-build or subcontract basis...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/09 17:11
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
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.