ROCKWOOL International
Market Cap
kr.66.3b
Last Updated
2021/07/30 18:36 UTC
Data Sources
Company Financials +
Executive Summary
ROCKWOOL International A/S, together with its subsidiaries, manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. More Details
Rewards
Risk Analysis
No risks detected for ROCK B from our risk checks.
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has ROCKWOOL International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROCK B is less volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ROCK B's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
ROCK B
1.0%
DK Building
0.2%
DK Market
1 Year Return
62.1%
ROCK B
57.9%
DK Building
32.6%
DK Market
Return vs Industry: ROCK B exceeded the Danish Building industry which returned 57.9% over the past year.
Return vs Market: ROCK B exceeded the Danish Market which returned 32.6% over the past year.
Shareholder returns
| ROCK B | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 1.0% | 0.2% |
| 30 Day | 9.0% | 6.4% | 3.8% |
| 90 Day | 19.8% | 17.2% | 11.0% |
| 1 Year | 64.1%62.1% | 60.6%57.9% | 35.9%32.6% |
| 3 Year | 38.3%30.5% | 87.0%76.9% | 73.3%60.5% |
| 5 Year | 192.5%168.3% | 115.8%94.8% | 104.3%78.2% |
Long-Term Price Volatility Vs. Market
How volatile is ROCKWOOL International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
How Much Of ROCKWOOL International A/S (CPH:ROCK B) Do Institutions Own?1 month ago | Simply Wall St
Are Strong Financial Prospects The Force That Is Driving The Momentum In ROCKWOOL International A/S' CPH:ROCK B) Stock?1 month ago | Simply Wall St
ROCKWOOL International (CPH:ROCK B) Might Have The Makings Of A Multi-BaggerValuation
Is ROCKWOOL International undervalued compared to its fair value and its price relative to the market?
37.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ROCK B (DKK3327) is trading above our estimate of fair value (DKK1967.03)
Significantly Below Fair Value: ROCK B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ROCK B is poor value based on its PE Ratio (37.7x) compared to the European Building industry average (22.8x).
PE vs Market: ROCK B is poor value based on its PE Ratio (37.7x) compared to the Danish market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: ROCK B is poor value based on its PEG Ratio (5.1x)
Price to Book Ratio
PB vs Industry: ROCK B is overvalued based on its PB Ratio (4.5x) compared to the XE Building industry average (3.1x).
Future Growth
How is ROCKWOOL International forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROCK B's forecast earnings growth (7.5% per year) is above the savings rate (0.1%).
Earnings vs Market: ROCK B's earnings (7.5% per year) are forecast to grow slower than the Danish market (8% per year).
High Growth Earnings: ROCK B's earnings are forecast to grow, but not significantly.
Revenue vs Market: ROCK B's revenue (7.4% per year) is forecast to grow faster than the Danish market (6.5% per year).
High Growth Revenue: ROCK B's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ROCK B's Return on Equity is forecast to be low in 3 years time (12.9%).
Past Performance
How has ROCKWOOL International performed over the past 5 years?
14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROCK B has high quality earnings.
Growing Profit Margin: ROCK B's current net profit margins (9.8%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: ROCK B's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: ROCK B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ROCK B had negative earnings growth (-10.7%) over the past year, making it difficult to compare to the Building industry average (31.1%).
Return on Equity
High ROE: ROCK B's Return on Equity (11.8%) is considered low.
Financial Health
How is ROCKWOOL International's financial position?
Financial Position Analysis
Short Term Liabilities: ROCK B's short term assets (€872.0M) exceed its short term liabilities (€509.0M).
Long Term Liabilities: ROCK B's short term assets (€872.0M) exceed its long term liabilities (€172.0M).
Debt to Equity History and Analysis
Debt Level: ROCK B is debt free.
Reducing Debt: ROCK B had no debt 5 years ago.
Debt Coverage: ROCK B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ROCK B has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is ROCKWOOL International current dividend yield, its reliability and sustainability?
0.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ROCK B's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.07%).
High Dividend: ROCK B's dividend (0.96%) is low compared to the top 25% of dividend payers in the Danish market (3.39%).
Stability and Growth of Payments
Stable Dividend: ROCK B's dividend payments have been volatile in the past 10 years.
Growing Dividend: ROCK B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.3%), ROCK B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ROCK B's dividends in 3 years are forecast to be well covered by earnings (32.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Jens Birgersson (54 yo)
6.33yrs
Tenure
Mr. Jens Birgersson serves as President, CEO at ROCKWOOL International A/S since March 2015. He is also the Chairman of the Board of Randers Reb International A/S.
Leadership Team
Experienced Management: ROCK B's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: ROCK B's board of directors are considered experienced (3.5 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
ROCKWOOL International A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ROCKWOOL International A/S
- Ticker: ROCK B
- Exchange: CPSE
- Founded: 1909
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr.66.321b
- Shares outstanding: 21.56m
- Website: https://www.rockwool.com/group
Number of Employees
Location
- ROCKWOOL International A/S
- Hovedgaden 584
- Hedehusene
- Capital Region of Denmark
- 2640
- Denmark
Listings
Biography
ROCKWOOL International A/S, together with its subsidiaries, manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates t...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/30 18:36 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.