CPSE:RBLN B

Stock Analysis Report

Executive Summary

Roblon A/S produces and sells products for cable and offshore industries.

Snowflake

Fundamentals

Mediocre balance sheet unattractive dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.1%

RBLN B

-4.7%

DK Machinery

0.5%

DK Market


1 Year Return

-31.9%

RBLN B

-40.3%

DK Machinery

10.7%

DK Market

Return vs Industry: RBLN B exceeded the Danish Machinery industry which returned -40.3% over the past year.

Return vs Market: RBLN B underperformed the Danish Market which returned 10.7% over the past year.


Shareholder returns

RBLN BIndustryMarket
7 Day4.1%-4.7%0.5%
30 Day2.3%-24.8%-2.4%
90 Day-5.3%-20.4%0.5%
1 Year-29.1%-31.9%-38.9%-40.3%14.1%10.7%
3 Year-14.2%-23.2%-5.2%-11.4%32.9%21.7%
5 Year-25.4%-38.5%-3.0%-13.4%67.9%43.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: RBLN B (DKK177) is trading above our estimate of fair value (DKK124.19)

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


Price To Earnings Ratio

PE vs Industry: RBLN B is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: RBLN B is unprofitable, so we can't compare its PE Ratio to the Danish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RBLN B is overvalued based on its PB Ratio (1.6x) compared to the DK Machinery industry average (1.5x).


Next Steps

Future Growth

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

38.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RBLN B is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RBLN B is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RBLN B is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if RBLN B's revenue is forecast to grow faster than the Danish market.

High Growth Revenue: Insufficient data to determine if RBLN B's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RBLN B's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Roblon performed over the past 5 years?

-46.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RBLN B is unprofitable, and losses have increased over the past 5 years at a rate of -46% per year.

Accelerating Growth: Unable to compare RBLN B's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RBLN B is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (3.5%).


Return on Equity

High ROE: RBLN B has a negative Return on Equity (-13.81%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: RBLN B is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: RBLN B is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Roblon's financial position?


Financial Position Analysis

Short Term Liabilities: RBLN B's short term assets (DKK160.7M) exceeds its short term liabilities (DKK31.3M)

Long Term Liabilities: RBLN B's short term assets (160.7M) exceeds its long term liabilities (5.1M)


Debt to Equity History and Analysis

Debt Level: RBLN B's debt to equity ratio (0.8%) is considered satisfactory

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

Debt Coverage: RBLN B's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if RBLN B's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: RBLN B has a high level of physical assets or inventory.

Debt Coverage by Assets: RBLN B's debt is covered by short term assets (assets are 94.529410x debt).


Next Steps

Dividend

What is Roblon's current dividend yield, its reliability and sustainability?

5.65%

Current Dividend Yield


Dividend Yield vs Market

company5.6%marketbottom25%1.7%markettop25%5.1%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: RBLN B's dividend (5.65%) is higher than the bottom 25% of dividend payers in the Danish market (1.74%).

High Dividend: RBLN B's dividend (5.65%) is in the top 25% of dividend payers in the Danish market (5.05%)

Stable Dividend: RBLN B's dividend payments have been volatile in the past 10 years.

Growing Dividend: RBLN B's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: RBLN B is paying a dividend but the company is unprofitable.


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

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

3.0yrs

Average management tenure


CEO

Lars Østergaard (54yo)

3.8yrs

Tenure

0

Mr. Lars Østergaard has been the Chief Executive Officer and Managing Director at Roblon A/S since January 5, 2016. Mr. Østergaard has a long experience as chief executive in large industrial companies. He ...


Management Age and Tenure

3.0yrs

Average Tenure

52yo

Average Age

Experienced Management: RBLN B's management team is considered experienced (3 years average tenure).


Board Age and Tenure

4.1yrs

Average Tenure

56yo

Average Age

Experienced Board: RBLN B's board of directors are considered experienced (4.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kim Müller (50yo)

    Chief Technical Officer

    • Tenure: 2.3yrs
  • Carsten Michno (49yo)

    Chief Financial Officer

    • Tenure: 3.8yrs
  • Lars Østergaard (54yo)

    MD & CEO

    • Tenure: 3.8yrs
  • Flemming Nielsen (56yo)

    Employee Representative Director

    • Tenure: 1.8yrs

Board Members

  • Jørgen Jacobsen (67yo)

    President of Board of Directors

    • Tenure: 5.7yrs
  • Randi Pedersen (56yo)

    Director

    • Tenure: 3.6yrs
  • Peter Sloth Karlsen (56yo)

    Director

    • Tenure: 8.8yrs
  • Nita Svendsen (47yo)

    Employee Representative Director

    • Tenure: 4.7yrs
  • Ole Andersen (60yo)

    Deputy Chairman

    • Tenure: 1.7yrs
  • Flemming Nielsen (56yo)

    Employee Representative Director

    • Tenure: 1.8yrs

Company Information

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


Key Information

  • Name: Roblon A/S
  • Ticker: RBLN B
  • Exchange: CPSE
  • Founded: 1954
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ø316.503m
  • Shares outstanding: 1.79m
  • Website: https://www.roblon.com

Number of Employees


Location

  • Roblon A/S
  • Nordhavnsvej 1
  • Frederikshavn
  • North Denmark Region
  • 9900
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBLN BCPSE (OMX Nordic Exchange Copenhagen)YesSeries B SharesDKDKKJan 1992
RBLNBCBATS-CHIXE (BATS 'Chi-X Europe')YesSeries B SharesGBDKKJan 1992

Biography

Roblon A/S produces and sells products for cable and offshore industries. It provides cable fibres, including glass strength members, polyester binder yarns, aramid strength members, ripcords, cable filler ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 20:40
End of Day Share Price2019/10/21 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.