Market Cap
ø22.4b
Last Updated
2020/06/05 23:50 UTC
Data Sources
Company Financials +
Executive Summary
ISS A/S provides workplace and facility service solutions in Continental Europe, Northern Europe, Asia and Pacific, the Americas, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has ISS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ISS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.9%
ISS
6.0%
DK Commercial Services
0.8%
DK Market
1 Year Return
-38.4%
ISS
-11.6%
DK Commercial Services
21.6%
DK Market
Return vs Industry: ISS underperformed the Danish Commercial Services industry which returned -11.7% over the past year.
Return vs Market: ISS underperformed the Danish Market which returned 22% over the past year.
Shareholder returns
| ISS | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.9% | 6.0% | 0.8% |
| 30 Day | 18.8% | 11.8% | 7.5% |
| 90 Day | 11.6% | -4.9% | 8.2% |
| 1 Year | -38.4%-38.4% | -10.1%-11.6% | 24.0%21.6% |
| 3 Year | -52.3%-55.7% | -15.2%-21.8% | 42.9%31.1% |
| 5 Year | -38.5%-46.9% | 0.2%-13.8% | 52.4%33.4% |
Price Volatility Vs. Market
How volatile is ISS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Here’s What ISS A/S’s (CPH:ISS) Return On Capital Can Tell Us3 weeks ago | Simply Wall St
Could The ISS A/S (CPH:ISS) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
Investors Who Bought ISS (CPH:ISS) Shares Three Years Ago Are Now Down 65%Valuation
Is ISS undervalued compared to its fair value and its price relative to the market?
41.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ISS (DKK121.1) is trading below our estimate of fair value (DKK205.41)
Significantly Below Fair Value: ISS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ISS is poor value based on its PE Ratio (19.3x) compared to the Commercial Services industry average (15x).
PE vs Market: ISS is poor value based on its PE Ratio (19.3x) compared to the Danish market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: ISS is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: ISS is overvalued based on its PB Ratio (1.8x) compared to the XE Commercial Services industry average (1.5x).
Next Steps
Future Growth
How is ISS forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
27.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISS's forecast earnings growth (27.7% per year) is above the savings rate (0.3%).
Earnings vs Market: ISS's earnings (27.7% per year) are forecast to grow faster than the Danish market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ISS's revenue (2.2% per year) is forecast to grow slower than the Danish market (6.4% per year).
High Growth Revenue: ISS's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ISS's Return on Equity is forecast to be low in 3 years time (14.6%).
Next Steps
Past Performance
How has ISS performed over the past 5 years?
-4.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISS has a large one-off loss of DKK682.0M impacting its December 31 2019 financial results.
Growing Profit Margin: ISS's current net profit margins (1.5%) are lower than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: ISS's earnings have declined by -4.5% per year over the past 5 years.
Accelerating Growth: ISS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ISS had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Commercial Services industry average (9.8%).
Return on Equity
High ROE: ISS's Return on Equity (9.4%) is considered low.
Next Steps
Financial Health
How is ISS's financial position?
Financial Position Analysis
Short Term Liabilities: ISS's short term assets (DKK20.0B) exceed its short term liabilities (DKK18.3B).
Long Term Liabilities: ISS's short term assets (DKK20.0B) exceed its long term liabilities (DKK19.2B).
Debt to Equity History and Analysis
Debt Level: ISS's debt to equity ratio (115.3%) is considered high.
Reducing Debt: ISS's debt to equity ratio has reduced from 125.5% to 115.3% over the past 5 years.
Debt Coverage: ISS's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: ISS's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Next Steps
Dividend
What is ISS's current dividend yield, its reliability and sustainability?
5.48%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ISS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ISS'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 ISS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ISS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ISS is not paying a notable dividend for the Danish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ISS'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?
6.9yrs
Average management tenure
CEO
Jeff Gravenhorst (57yo)
10.17yrs
Tenure
ø18,900,000
Compensation
Mr. Jeff Olsen Gravenhorst, MSc (Bus. Adm. & Auditing), serves as Group Chief Executive Officer at ISS Holdings NZ Limited and ISS Group. Mr. Gravenhorst has been Group Chief Executive Officer of ISS A/S s ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD2.87M) is above average for companies of similar size in the Danish market ($USD1.62M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Member of Executive Group Management Board | 10.17yrs | ø18.90m | no data | |
| Group CFO & Member of Executive Group Management Board | 3.58yrs | ø23.19m | no data | |
| Group VP | 1.17yrs | ø471.00k | no data | |
| Head of Group Health | 9.25yrs | ø471.00k | 0.0037% DKK825.7k | |
| Group Chief Operating Officer | 2.25yrs | no data | no data | |
| Head of Group Investor Relations | 2.25yrs | no data | no data | |
| Senior VP & Group General Counsel | 15.42yrs | no data | no data | |
| Head of Group Strategy | 2.42yrs | no data | no data | |
| Head of Group Strategy & Corporate Development and Senior Vice President | 11.75yrs | no data | no data | |
| Group Chief People & Culture Officer | 1.58yrs | no data | no data |
6.9yrs
Average Tenure
53yo
Average Age
Experienced Management: ISS's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group VP | 1.17yrs | ø471.00k | no data | |
| Head of Group Health | 9.25yrs | ø471.00k | 0.0037% DKK825.7k | |
| Head of Workplace Experience & Alternate Director | 1.17yrs | no data | no data | |
| Independent Director | 5.17yrs | ø1.05m | no data | |
| Independent Chairman of the Board | 6.83yrs | ø2.45m | 0.047% DKK10.5m | |
| Independent Director | 4.17yrs | ø896.25k | 0.0011% DKK241.7k | |
| Independent Deputy Chairman | 0.17yr | ø1.06m | 0.014% DKK3.2m | |
| Independent Director | 5.17yrs | ø895.50k | no data | |
| Employee Representative Director | 1.17yrs | no data | no data | |
| Employee Representative Director | 1.17yrs | no data | no data |
2.7yrs
Average Tenure
59yo
Average Age
Experienced Board: ISS's board of directors are not considered experienced ( 2.7 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
ISS A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ISS A/S
- Ticker: ISS
- Exchange: CPSE
- Founded: 1901
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: ø22.376b
- Shares outstanding: 184.70m
- Website: https://www.issworld.com
Number of Employees
Location
- ISS A/S
- Buddingevej 197
- Søborg
- Capital Region of Denmark
- 2860
- Denmark
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ISS | CPSE (OMX Nordic Exchange Copenhagen) | Yes | Ordinary Shares | DK | DKK | Mar 2014 |
| ISSC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | DKK | Mar 2014 |
| 0QRS | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | DKK | Mar 2014 |
| ISFF.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2014 |
| ISSD.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Aug 2014 |
Biography
ISS A/S provides workplace and facility service solutions in Continental Europe, Northern Europe, Asia and Pacific, the Americas, and internationally. It offers facility management services; and daily office, industrial, periodical, and specialized cleaning services. The company also provides security services comprising physical security, surveillance, technical installations, workplace emergency management, and consulting services. In addition, it offers property services, such as infrastructure life, building fabric, and building operational management services; systems monitoring and management of infrastructure; management and maintenance of critical environments; energy and sustainability management services; data hub and helpdesk services; and capital projects. Further, the company provides catering services that comprise operating restaurants, canteens, and takeaways; coffee shops/outlets; hospitality, events, and fine dining; retail shops; and pop ups/high street brands. Additionally, it offers support services, which include front and back of house services, welfare facilities, and labor supply services. It serves various industries, such as business services and information technology; healthcare; public administration; industry and manufacturing; transportation and infrastructure; retail and wholesale; energy and resources; hotels, leisure, and entertainment; food and beverage; and pharmaceutical. ISS A/S was founded in 1901 and is headquartered in Søborg, Denmark.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/05 23:50 |
| End of Day Share Price | 2020/06/04 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.