CPSE:EGE B

Stock Analysis Report

Executive Summary

egetæpper a/s designs, develops, produces, and sells carpets primarily in Europe.

Snowflake

Fundamentals

Excellent balance sheet second-rate dividend payer.

Risks

  • egetæpper is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

CPSE:EGE B

-3.7%

DK Consumer Durables

1.5%

DK Market


1 Year Return

-17.3%

CPSE:EGE B

-11.0%

DK Consumer Durables

4.5%

DK Market

EGE B underperformed the Consumer Durables industry which returned -8.6% over the past year.

EGE B underperformed the Market in Denmark which returned 5.4% over the past year.


Share holder returns

EGE BIndustryMarket
7 Day0%-3.7%1.5%
30 Day0%-5.2%1.3%
90 Day0%-8.4%3.7%
1 Year-14.9%-17.3%-5.1%-11.0%7.7%4.5%
3 Year13.1%2.3%23.5%7.4%31.4%20.6%
5 Year31.8%12.2%76.3%42.1%67.2%42.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is egetæpper undervalued based on future cash flows and its price relative to the stock market?

15.23x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

egetæpper's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

egetæpper's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

egetæpper is overvalued based on earnings compared to the Europe Consumer Durables industry average.

egetæpper is good value based on earnings compared to the Denmark market.


Price Based on Expected Growth

Unable to calculate PEG ratio for egetæpper, we can't assess if its growth is good value.


Price Based on Value of Assets

egetæpper is good value based on assets compared to the Europe Consumer Durables industry average.


Next Steps

Future Growth

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

15.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if egetæpper is high growth as no revenue estimate data is available.

egetæpper's earnings are expected to grow by 15.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare egetæpper's revenue growth to the Denmark market average as no estimate data is available.

egetæpper's earnings growth is expected to exceed the Denmark market average.

egetæpper's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if egetæpper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has egetæpper performed over the past 5 years?

-3.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

egetæpper's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

egetæpper's 1-year earnings growth is negative, it can't be compared to the 5-year average.

egetæpper's 1-year earnings growth is negative, it can't be compared to the Europe Consumer Durables industry average.


Return on Equity

egetæpper has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

egetæpper used its assets less efficiently than the Europe Consumer Durables industry average last year based on Return on Assets.


Return on Capital Employed

egetæpper's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is egetæpper's financial position?


Financial Position Analysis

egetæpper is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

egetæpper's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

egetæpper's level of debt (38.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (8.5% vs 38.2% today).

Debt is well covered by operating cash flow (53.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 22.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.4x debt.


Next Steps

Dividend

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

2.95%

Current Dividend Yield


Dividend Yield and Payments Analysis

egetæpper's pays a higher dividend yield than the bottom 25% of dividend payers in Denmark (1.59%).

egetæpper's dividend is below the markets top 25% of dividend payers in Denmark (4.35%).

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

Dividends paid are well covered by earnings (2.2x 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.


Next Steps

Management

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


CEO

John Vestergaard 0

0.6yrs

Tenure

0

Mr. John Vestergaard is Chief Executive Officer of egetæpper a/s since August 2018. He served as the Chief Financial Officer, Director of IT, Personnel & Production at egetæpper a/s until August 2018 and s ...


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • John Vestergaard

    Chief Executive Officer

    • Tenure: 0.6yrs
  • Svend Aage Nielsen

    Chief Commercial Officer

    • Tenure: 0.6yrs

Board Members

  • Ebbe Iversen (67yo)

    Chairman

    • Tenure: 8.6yrs
  • Maja Lorenzen

    Director

    • Tenure: 0.0yrs
  • Hans Damgaard (53yo)

    Deputy Chairman

    • Tenure: 0.0yrs
  • Smith Clausen

    Director

    • Tenure: 0.0yrs
  • Kaja Moller

    Director

    • Tenure: 0.0yrs
  • Søren Eskildsen (46yo)

    Director

    • Tenure: 0.6yrs

Company Information

egetæpper a/s's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: egetæpper a/s
  • Ticker: EGE B
  • Exchange: CPSE
  • Founded: 1938
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: ø576.633m
  • Shares outstanding: 2.62m
  • Website: https://www.egecarpets.com

Number of Employees


Location

  • egetæpper a/s
  • Industrivej Nord 25
  • Herning
  • Central Denmark Region
  • 7400
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EGE BCPSE (OMX Nordic Exchange Copenhagen)YesClass B SharesDKDKKJan 1992
0QBNLSE (London Stock Exchange)YesClass B SharesGBDKKJan 1992
EGEBCBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBDKKJan 1992

Biography

egetæpper a/s designs, develops, produces, and sells carpets primarily in Europe. The company offers wall-to-wall carpets, carpet tiles, rugs, and color palettes, as well as provides accessories and tools, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/11 20:46
End of Day Share Price2019/03/08 00:00
Earnings2018/10/31
Annual Earnings2018/04/30


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.