Loading...

RIAS

CPSE:RIAS B
Snowflake Description

Flawless balance sheet, good value and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RIAS B
CPSE
DKK104M
Market Cap
  1. Home
  2. DK
  3. Capital Goods
Company description

RIAS A/S supplies plastic products in Scandinavia. The last earnings update was 59 days ago. More info.


Add to Portfolio Compare Print
RIAS B Share Price and Events
7 Day Returns
0%
CPSE:RIAS B
2%
DK Trade Distributors
0.6%
DK Market
1 Year Returns
0.4%
CPSE:RIAS B
-12.5%
DK Trade Distributors
1.1%
DK Market
RIAS B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RIAS (RIAS B) 0% 0.9% 3.7% 0.4% 13.9% -10%
DK Trade Distributors 2% -2.5% 2.1% -12.5% 0.1% -7.5%
DK Market 0.6% -1.8% 1.3% 1.1% 12% 39.5%
1 Year Return vs Industry and Market
  • RIAS B outperformed the Trade Distributors industry which returned -12.5% over the past year.
  • RIAS B matched the Denmark Market (1.1%) over the past year.
Price Volatility
RIAS B
Industry
5yr Volatility vs Market

RIAS B Value

 Is RIAS 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 RIAS 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 RIAS.

CPSE:RIAS B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 5.8%
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:RIAS B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DK Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.903 (1 + (1- 22%) (0%))
0.935
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.21% + (0.935 * 5.96%)
5.79%

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

The calculations below outline how an intrinsic value for RIAS 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:RIAS B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 5.79%)
2020 17.53 Est @ 40.93% 16.57
2021 22.56 Est @ 28.72% 20.16
2022 27.11 Est @ 20.16% 22.90
2023 30.96 Est @ 14.18% 24.72
2024 34.05 Est @ 9.99% 25.70
2025 36.45 Est @ 7.06% 26.01
2026 38.28 Est @ 5% 25.82
2027 39.64 Est @ 3.57% 25.28
2028 40.66 Est @ 2.56% 24.51
2029 41.41 Est @ 1.86% 23.60
Present value of next 10 years cash flows DKK235.27
CPSE:RIAS B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= DKK41.41 × (1 + 0.21%) ÷ (5.79% – 0.21%)
DKK744.72
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK744.72 ÷ (1 + 5.79%)10
DKK424.34
CPSE:RIAS B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK235.27 + DKK424.34
DKK659.61
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK659.61 / 0.23
DKK2860.04
CPSE:RIAS B Discount to Share Price
Calculation Result
Value per share (DKK) From above. DKK2,860.04
Current discount Discount to share price of DKK450.00
= -1 x (DKK450.00 - DKK2,860.04) / DKK2,860.04
84.3%

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

Current Discount
Amount off the current price RIAS is available for.
Intrinsic value
>50%
Share price is DKK450 vs Future cash flow value of DKK2860.04
Current Discount Checks
For RIAS to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • RIAS's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • RIAS's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 RIAS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RIAS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CPSE:RIAS B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in DKK DKK28.65
CPSE:RIAS B Share Price ** CPSE (2019-07-18) in DKK DKK450
Denmark Trade Distributors Industry PE Ratio Median Figure of 5 Publicly-Listed Trade Distributors Companies 9.33x
Denmark Market PE Ratio Median Figure of 99 Publicly-Listed Companies 18.33x

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

** Primary Listing of RIAS.

CPSE:RIAS B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 450 ÷ 28.65

15.71x

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

  • RIAS is overvalued based on earnings compared to the DK Trade Distributors industry average.
  • RIAS is good value based on earnings compared to the Denmark market.
Price based on expected Growth
Does RIAS's expected growth come at a high price?
Raw Data
CPSE:RIAS B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
20.9%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 34 Publicly-Listed Trade Distributors Companies 1.67x
Denmark Market PEG Ratio Median Figure of 43 Publicly-Listed Companies 1.74x

*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 RIAS, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on RIAS's assets?
Raw Data
CPSE:RIAS B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in DKK DKK680.80
CPSE:RIAS B Share Price * CPSE (2019-07-18) in DKK DKK450
Denmark Trade Distributors Industry PB Ratio Median Figure of 6 Publicly-Listed Trade Distributors Companies 1.11x
Denmark Market PB Ratio Median Figure of 135 Publicly-Listed Companies 1.54x
CPSE:RIAS B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 450 ÷ 680.80

0.66x

* Primary Listing of RIAS.

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

  • RIAS is good value based on assets compared to the DK Trade Distributors industry average.
X
Value checks
We assess RIAS'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. RIAS has a total score of 4/6, 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.

RIAS B Future Performance

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

  • No analysts cover RIAS, future earnings growth has been estimated based on fundamentals.
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
20.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RIAS expected to grow at an attractive rate?
  • RIAS's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • RIAS's earnings growth is expected to exceed the Denmark market average.
  • Unable to compare RIAS's revenue growth to the Denmark market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CPSE:RIAS B Future Growth Rates Data Sources
Data Point Source Value (per year)
CPSE:RIAS B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 20.9%
Denmark Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 31.3%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Denmark Market Earnings Growth Rate Market Cap Weighted Average 10.8%
Denmark Market Revenue Growth Rate Market Cap Weighted Average 6.4%

*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:RIAS B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CPSE:RIAS B Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2019-03-31 287 17 7
2018-12-31 281 12 7
2018-09-30 275 7 7
2018-06-30 270 7 6
2018-03-31 264 6 6
2017-12-31 264 8 6
2017-09-30 264 10 6
2017-06-30 266 9 6
2017-03-31 267 9 7
2016-12-31 266 12 6
2016-09-30 266 16 6
2016-06-30 267 15 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • RIAS's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if RIAS is high growth as no revenue estimate data is available.
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:RIAS B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from RIAS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:RIAS B Past Financials Data
Date (Data in DKK Millions) EPS *
2019-03-31 28.65
2018-12-31 28.79
2018-09-30 28.94
2018-06-30 28.75
2018-03-31 28.55
2017-12-31 27.68
2017-09-30 26.86
2017-06-30 27.22
2017-03-31 27.56
2016-12-31 27.33
2016-09-30 27.09
2016-06-30 27.46

*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.
  • Unable to establish if RIAS will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess RIAS'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 Denmark 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.
RIAS has a total score of 3/6, 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.

RIAS B Past Performance

  How has RIAS 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 RIAS's growth in the last year to its industry (Trade Distributors).
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.
  • RIAS's year on year earnings growth rate has been positive over the past 5 years.
  • RIAS's 1-year earnings growth exceeds its 5-year average (17.7% vs 2.2%)
  • RIAS's earnings growth has exceeded the DK Trade Distributors industry average in the past year (17.7% vs 13.6%).
Earnings and Revenue History
RIAS'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 RIAS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:RIAS B Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 286.73 7.34 76.04
2018-12-31 280.87 7.01 75.40
2018-09-30 275.02 6.68 74.76
2018-06-30 269.63 6.46 73.46
2018-03-31 264.23 6.24 72.16
2017-12-31 264.33 6.22 71.89
2017-09-30 264.43 6.20 71.61
2017-06-30 265.51 6.41 71.69
2017-03-31 266.59 6.63 71.76
2016-12-31 266.42 6.44 72.17
2016-09-30 266.24 6.25 72.58
2016-06-30 266.54 5.91 72.77
2016-03-31 266.85 5.57 72.97
2015-12-31 266.33 4.94 73.95
2015-09-30 265.81 4.31 74.92
2015-06-30 266.96 4.63 74.43
2015-03-31 268.11 4.95 73.93
2014-12-31 273.73 6.08 73.95
2014-09-30 279.35 7.21 73.98
2014-06-30 271.16 7.29 73.56
2014-03-31 262.98 7.38 73.14
2013-12-31 250.59 5.11 71.91
2013-09-30 238.20 2.84 70.68
2013-06-30 234.00 0.97 71.06
2013-03-31 229.80 -0.90 71.44
2012-12-31 234.98 1.71 70.38
2012-09-30 240.17 4.32 69.32

*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.
  • RIAS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • RIAS used its assets less efficiently than the DK Trade Distributors industry average last year based on Return on Assets.
  • RIAS has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess RIAS'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 Trade Distributors 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.
RIAS has a total score of 4/6, 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.

RIAS B Health

 How is RIAS'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 RIAS's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RIAS is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RIAS's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of RIAS'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.
  • High level of physical assets or inventory.
  • RIAS has no debt, it does not need to be covered by short term assets.
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 RIAS Company Filings, last reported 3 months ago.

CPSE:RIAS B Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 161.75 0.00 26.15
2018-12-31 161.75 0.00 26.15
2018-09-30 166.18 0.00 26.79
2018-06-30 166.18 0.00 26.79
2018-03-31 160.18 0.00 21.79
2017-12-31 160.18 0.00 21.79
2017-09-30 164.11 0.00 28.66
2017-06-30 164.11 0.00 28.66
2017-03-31 158.55 0.00 21.69
2016-12-31 158.55 0.00 21.69
2016-09-30 162.53 0.00 24.78
2016-06-30 162.53 0.00 24.78
2016-03-31 156.53 0.00 21.92
2015-12-31 156.53 0.00 21.92
2015-09-30 160.44 0.00 17.90
2015-06-30 160.44 0.00 17.90
2015-03-31 155.12 0.00 12.00
2014-12-31 155.12 0.00 12.00
2014-09-30 160.74 0.00 19.60
2014-06-30 160.74 0.00 19.60
2014-03-31 154.78 0.00 8.00
2013-12-31 154.78 0.00 8.00
2013-09-30 158.14 0.00 21.76
2013-06-30 158.14 0.00 21.76
2013-03-31 152.02 0.00 3.67
2012-12-31 152.02 0.00 3.67
2012-09-30 157.61 0.00 13.78
  • RIAS has no debt.
  • RIAS has not taken on any debt in the past 5 years.
  • RIAS has no debt, it does not need to be covered by operating cash flow.
  • RIAS has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess RIAS'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. RIAS has a total score of 6/6, 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.

RIAS B Dividends

 What is RIAS'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
5.56%
Current annual income from RIAS dividends.
If you bought DKK2,000 of RIAS shares you are expected to receive DKK111 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?
  • RIAS's pays a higher dividend yield than the bottom 25% of dividend payers in Denmark (1.58%).
  • RIAS's dividend is above the markets top 25% of dividend payers in Denmark (4.65%).
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:RIAS B 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 0 Analyst Estimates (S&P Global) See Below
Europe Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 62 Stocks 2.6%
Denmark Market Average Dividend Yield Market Cap Weighted Average of 76 Stocks 2.2%
Denmark Minimum Threshold Dividend Yield 10th Percentile 0.9%
Denmark Bottom 25% Dividend Yield 25th Percentile 1.6%
Denmark Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

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

CPSE:RIAS B Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2018-12-12 25.000 5.637
2017-12-13 20.000 4.523
2016-12-14 20.000 4.668
2015-12-18 18.000 4.561
2014-12-30 20.000 4.000
2013-12-27 20.000 3.924
2013-12-17 20.000 4.231
2012-12-18 10.000 2.146
2011-12-22 10.000 2.135
2011-12-14 10.000 2.137
2011-01-13 5.000 1.175
2010-12-14 5.000 1.200
2009-12-18 5.000 1.268
2009-11-30 5.000 1.410
2009-01-15 10.000 3.191

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of RIAS's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.1x coverage).
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 RIAS's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 RIAS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RIAS has a total score of 4/6, see the detailed checks below.


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

RIAS B Management

 What is the CEO of RIAS'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
Henning Hess
CEO Bio

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 Director of Mira Byggeprodukter A/S.

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

Henning Hess

TITLE
CEO, MD & Member of Executive Board

Dannie Michaelsen

TITLE
Chief Financial Officer

Vibeke Rathmann

TITLE
HR/PA Executive Secretary
Board of Directors Tenure

Average tenure and age of the RIAS board of directors in years:

7.6
Average Tenure
59.5
Average Age
  • The tenure for the RIAS board of directors is about average.
Board of Directors

Gudrun Degenhart

TITLE
Chairman
AGE
49
TENURE
0.8 yrs

Steen Andersen

TITLE
Vice Chairman
AGE
64

Peter Swinkels

TITLE
Director
AGE
61
TENURE
8.5 yrs

Dieter Wetzel

TITLE
Director
AGE
58
TENURE
9.5 yrs

Søren Koustrup

TITLE
Employee Representative Director
AGE
61
TENURE
7.6 yrs

June Svendsen

TITLE
Employee Representative Director
AGE
49
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (DKK) Value (DKK)
X
Management checks
We assess RIAS'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. RIAS 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.

RIAS B News

Simply Wall St News

Is RIAS A/S (CPH:RIAS B) Investing Your Capital Efficiently?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for RIAS: 0.059 = ø10m ÷ (ø205m - ø34m) (Based on the trailing twelve months to March 2019.) Therefore, RIAS has an ROCE of 5.9%. … How RIAS's Current Liabilities Impact Its ROCE Short term (or current) liabilities, are things like supplier invoices, overdrafts, or tax bills that need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Did Changing Sentiment Drive RIAS's (CPH:RIAS B) Share Price Down By 16%?

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. … A Different Perspective We're pleased to report that RIAS shareholders have received a total shareholder return of 8.9% over one year.

Simply Wall St -

Should We Worry About RIAS A/S's (CPH:RIAS B) P/E Ratio?

Looking at earnings over the last twelve months, RIAS has a P/E ratio of 15.76. … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for RIAS: P/E of 15.76 = DKK456 ÷ DKK28.94 (Based on the trailing twelve months to September 2018.) Is A High P/E Ratio Good? … CPSE:RIAS B Price Estimation Relative to Market, May 21st 2019 That means that the market expects RIAS will outperform other companies in its industry.

Simply Wall St -

Should RIAS A/S (CPH:RIAS B) Be Part Of Your Dividend Portfolio?

Is RIAS A/S (CPH:RIAS B) a good dividend stock? … A dividend paying company with growing earnings can be rewarding in the long term. … Some simple analysis can offer a lot of insights when buying a company for its dividend, and we'll go through this below.

Simply Wall St -

A Spotlight On RIAS A/S's (CPH:RIAS B) Fundamentals

Today I've chosen to put the spotlight on RIAS A/S (CPH:RIAS B) due to its excellent fundamentals in more than one area. … that has been able to sustain great financial health over the past … Below, I've touched on some key aspects you should know on a high level

Simply Wall St -

Imagine Owning RIAS (CPH:RIAS B) And Wondering If The 15% Share Price Slide Is Justified

At this point some shareholders may be questioning their investment in RIAS A/S (CPH:RIAS B), since the last five years saw the share price fall 15%. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the unfortunate half decade during which the share price slipped, RIAS actually saw its earnings per share (EPS) improve by 19% per year.

Simply Wall St -

RIAS B Company Info

Description

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, and visual communication industries. The company was founded in 1959 and is headquartered in Roskilde, Denmark. RIAS A/S is a subsidiary of thyssenkrupp Facilities Services GmbH.

Details
Name: RIAS A/S
RIAS B
Exchange: CPSE
Founded: 1959
DKK103,783,500
230,630
Website: http://www.rias.dk
Address: RIAS A/S
Industrivej 11,
Roskilde,
4000,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE RIAS B Class B Shares DKK 100 OMX Nordic Exchange Copenhagen DK DKK 02. Jan 1992
BATS-CHIXE RIASBC Class B Shares DKK 100 BATS 'Chi-X Europe' GB DKK 02. Jan 1992
Number of employees
Current staff
Staff numbers
99
RIAS employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 20:50
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2019/05/22
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


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.