CPSE:NLFSK

Stock Analysis Report

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Executive Summary

Nilfisk Holding A/S manufactures and sells cleaning solutions and services worldwide. More Details


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: NLFSK is more volatile than 90% of Danish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: NLFSK's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Danish stocks.


Market Performance


7 Day Return

0.4%

NLFSK

-2.6%

DK Machinery

-2.2%

DK Market


1 Year Return

-3.0%

NLFSK

-8.3%

DK Machinery

23.9%

DK Market

Return vs Industry: NLFSK exceeded the Danish Machinery industry which returned -8.3% over the past year.

Return vs Market: NLFSK underperformed the Danish Market which returned 23.9% over the past year.


Shareholder returns

NLFSKIndustryMarket
7 Day0.4%-2.6%-2.2%
30 Day12.7%3.5%3.1%
90 Day33.7%26.0%5.3%
1 Year-3.0%-3.0%-8.3%-8.3%26.3%23.9%
3 Year-60.7%-60.7%-44.4%-46.2%52.9%41.2%
5 Yearn/a94.0%64.3%71.2%49.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Nilfisk Holding undervalued compared to its fair value and its price relative to the market?

32.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NLFSK (DKK140.6) is trading below our estimate of fair value (DKK207.37)

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


Price To Earnings Ratio

PE vs Industry: NLFSK is poor value based on its PE Ratio (5131.1x) compared to the XE Machinery industry average (27.1x).

PE vs Market: NLFSK is poor value based on its PE Ratio (5131.1x) compared to the Danish market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: NLFSK is poor value based on its PEG Ratio (48.4x)


Price to Book Ratio

PB vs Industry: NLFSK is overvalued based on its PB Ratio (3.5x) compared to the DK Machinery industry average (1.5x).


Next Steps

Future Growth

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

106.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NLFSK's forecast earnings growth (106% per year) is above the savings rate (0.2%).

Earnings vs Market: NLFSK's earnings (106% per year) are forecast to grow faster than the Danish market (13.2% per year).

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

Revenue vs Market: NLFSK's revenue (5.2% per year) is forecast to grow slower than the Danish market (6.8% per year).

High Growth Revenue: NLFSK's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NLFSK's Return on Equity is forecast to be low in 3 years time (16.9%).


Next Steps

Past Performance

How has Nilfisk Holding performed over the past 5 years?

-54.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NLFSK has a large one-off loss of €11.6M impacting its September 30 2020 financial results.

Growing Profit Margin: NLFSK's current net profit margins (0.01%) are lower than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: NLFSK's earnings have declined by 54.2% per year over the past 5 years.

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

Earnings vs Industry: NLFSK had negative earnings growth (-97.5%) over the past year, making it difficult to compare to the Machinery industry average (-20%).


Return on Equity

High ROE: NLFSK's Return on Equity (0.07%) is considered low.


Next Steps

Financial Health

How is Nilfisk Holding's financial position?


Financial Position Analysis

Short Term Liabilities: NLFSK's short term assets (€347.1M) exceed its short term liabilities (€335.8M).

Long Term Liabilities: NLFSK's short term assets (€347.1M) exceed its long term liabilities (€301.2M).


Debt to Equity History and Analysis

Debt Level: NLFSK's debt to equity ratio (247.6%) is considered high.

Reducing Debt: Insufficient data to determine if NLFSK's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NLFSK's debt is well covered by operating cash flow (20.8%).

Interest Coverage: NLFSK's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


Next Steps

Dividend

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

2.71%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

2.5yrs

Average management tenure


CEO

Hans Lund

3.42yrs

Tenure

€1,968,000

Compensation

Mr. Hans Henrik Lund serves as the Chief Executive Officer at Nilfisk Holding A/S. and Act as its Interim Head of America since November 6, 2018. He is Chief Executive Officer of Nilfisk A/S since August 2...


CEO Compensation Analysis

Compensation vs Market: Hans's total compensation ($USD0.00) is below average for companies of similar size in the Danish market ($USD1.17M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Hans Lund
CEO & Member of Executive Management Board3.42yrs€1.97m0.072%
€ 2.8m
Prisca Havranek-Kosicek
Executive VP2yrsno datano data
Jesper Madsen
Executive Vice President of Operations & Service4yrsno datano data
Jens Bak-Holder
Head of Investor Relations2yrsno datano data
Hans Jensen
Group General Counsel & Senior VP of Corporate Affairsno datano data0.0027%
€ 103.4k
Camilla Ramby
Executive Vice President of Marketing3yrsno datano data
Steen Lindbo
Executive Vice President of Sales0.58yrno datano data
Jacob Blom
Executive Vice President of Human Resources5yrsno data0.00074%
€ 28.2k
Pierre Mikaelsson
Executive Vice President of R&D1.67yrsno data0.000060%
€ 2.3k
Soren Christensen
Head of Treasuryno datano datano data

2.5yrs

Average Tenure

45yo

Average Age

Experienced Management: NLFSK's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jens Peter Olsen
Independent Chairman3.25yrs€120.80k0.080%
€ 3.1m
Thomas Schleicher
Non-Independent Director1.83yrsno data0.0096%
€ 365.4k
René Svendsen-Tune
Independent Director3.25yrs€40.30k0.015%
€ 562.6k
Jutta af Rosenborg
Independent Director3.25yrs€80.50kno data
Anders Runevad
Deputy Independent Chairman0.58yr€40.30k0.0037%
€ 140.7k
Yvonne Markussen
Director1.92yrs€8.90k0.000020%
€ 762.8
Søren Kristensen
Director2.83yrs€31.30kno data
Gerner Andersen
Director2.83yrs€31.30k0.00077%
€ 29.4k
Richard Bisson
Independent Director1.83yrsno data0.024%
€ 913.8k
Are Dragesund
Non-Independent Director0.58yrno datano data
Franck Falezan
Non -Independent Director0.58yrno datano data

1.9yrs

Average Tenure

58.5yo

Average Age

Experienced Board: NLFSK's board of directors are not considered experienced ( 1.9 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

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


Key Information

  • Name: Nilfisk Holding A/S
  • Ticker: NLFSK
  • Exchange: CPSE
  • Founded: 1906
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: kr.3.814b
  • Shares outstanding: 27.13m
  • Website: https://www.nilfisk.com

Number of Employees


Location

  • Nilfisk Holding A/S
  • Kornmarksvej 1
  • Brøndby
  • Capital Region of Denmark
  • 2605
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0RUZLSE (London Stock Exchange)YesShare CapitalGBDKKOct 2017
NLFSKCPSE (OMX Nordic Exchange Copenhagen)YesShare CapitalDKDKKOct 2017
NF1DB (Deutsche Boerse AG)YesShare CapitalDEEUROct 2017
NLFK.FOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDOct 2017
NLFSKCBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBDKKOct 2017

Biography

Nilfisk Holding A/S manufactures and sells cleaning solutions and services worldwide. The company operates through five segments: EMEA, Americas, APAC, Consumer, and Private Label and Other. It offers comm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 18:15
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.