Stock Analysis Report

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Executive Summary

RIAS A/S supplies plastic products in Scandinavia. More Details

Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

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

Latest Share Price and Events

Stable Share Price: RIAS B is less volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RIAS B's weekly volatility (4%) has been stable over the past year.

Market Performance

7 Day Return




DK Trade Distributors


DK Market

1 Year Return




DK Trade Distributors


DK Market

Return vs Industry: RIAS B underperformed the Danish Trade Distributors industry which returned 39.4% over the past year.

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

Shareholder returns

RIAS BIndustryMarket
7 Day-1.2%-0.9%-2.1%
30 Day5.8%15.7%2.8%
90 Day3.0%21.9%5.2%
1 Year6.9%1.3%45.2%39.4%26.0%23.6%
3 Year19.7%3.0%22.1%11.5%52.4%40.5%
5 Year50.0%17.8%49.9%30.9%70.7%48.8%

Long-Term Price Volatility Vs. Market

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

Simply Wall St News


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


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: RIAS B (DKK476) is trading below our estimate of fair value (DKK6730.04)

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

Price To Earnings Ratio

PE vs Industry: RIAS B is good value based on its PE Ratio (12.8x) compared to the XE Trade Distributors industry average (21.4x).

PE vs Market: RIAS B is good value based on its PE Ratio (12.8x) compared to the Danish market (17.3x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: RIAS B is good value based on its PB Ratio (0.6x) compared to the DK Trade Distributors industry average (1.7x).

Next Steps

Future Growth

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


Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RIAS has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has RIAS performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RIAS B has high quality earnings.

Growing Profit Margin: RIAS B's current net profit margins (2.9%) are higher than last year (2.6%).

Past Earnings Growth Analysis

Earnings Trend: RIAS B's earnings have grown by 7.6% per year over the past 5 years.

Accelerating Growth: RIAS B's earnings growth over the past year (16.9%) exceeds its 5-year average (7.6% per year).

Earnings vs Industry: RIAS B earnings growth over the past year (16.9%) exceeded the Trade Distributors industry -5%.

Return on Equity

High ROE: RIAS B's Return on Equity (5%) is considered low.

Next Steps

Financial Health

How is RIAS's financial position?

Financial Position Analysis

Short Term Liabilities: RIAS B's short term assets (DKK123.2M) exceed its short term liabilities (DKK61.1M).

Long Term Liabilities: RIAS B's short term assets (DKK123.2M) exceed its long term liabilities (DKK16.9M).

Debt to Equity History and Analysis

Debt Level: RIAS B is debt free.

Reducing Debt: RIAS B has not had any debt for past 5 years.

Debt Coverage: RIAS B has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RIAS B has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Next Steps


What is RIAS current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: RIAS B's dividend (5.25%) is higher than the bottom 25% of dividend payers in the Danish market (0.93%).

High Dividend: RIAS B's dividend (5.25%) is in the top 25% of dividend payers in the Danish market (3.49%)

Stability and Growth of Payments

Stable Dividend: RIAS B's dividends per share have been stable in the past 10 years.

Growing Dividend: RIAS B's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67.5%), RIAS B's dividend payments are covered by earnings.

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


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Henning Hess

no data


Mr. Henning Hess serves as the Chief Executive Officer, Managing Director and Member of Executive Board at RIAS A/S. Mr. Hess served as Managing Director of Rias A/S since April 1, 2004. He serves as a Dir...

Board Members

Steen Andersen
Vice Chairman no datano datano data
Peter Swinkels
Director10yrsno datano data
Dieter Wetzel
Director11yrsno datano data
Søren Koustrup
Employee Representative Director9.08yrsno datano data
June Svendsen
Employee Representative Director6.08yrsno datano data
Gudrun Degenhart
Chairman of the Board2.33yrsno datano data


Average Tenure


Average Age

Experienced Board: RIAS B's board of directors are considered experienced (9.1 years average tenure).


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

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

Key Information

  • Name: RIAS A/S
  • Ticker: RIAS B
  • Exchange: CPSE
  • Founded: 1959
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: kr.109.780m
  • Shares outstanding: 230.63k
  • Website: https://www.rias.dk

Number of Employees


  • RIAS A/S
  • Industrivej 11
  • Roskilde
  • 4000
  • Denmark


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RIAS BCPSE (OMX Nordic Exchange Copenhagen)YesClass B Shares DKK 100DKDKKJan 1992
0FT1LSE (London Stock Exchange)YesClass B Shares DKK 100GBDKKJan 1992
RIASBCBATS-CHIXE (BATS 'Chi-X Europe')YesClass B Shares DKK 100GBDKKJan 1992


RIAS A/S supplies plastic products in Scandinavia. It offers semi-finished plastic products for industries, such as building, construction, chemical, mechanical, offshore, food, furniture and packaging, an...

Company Analysis and Financial Data Status

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

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.