TCM Stock Overview
TCM Group A/S engages in the manufacture and sale of kitchen and furniture products for bathrooms and storage in Denmark and internationally.
TCM Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr.93.10|
|52 Week High||kr.167.00|
|52 Week Low||kr.91.90|
|1 Month Change||-7.09%|
|3 Month Change||-24.92%|
|1 Year Change||-42.71%|
|3 Year Change||-19.04%|
|5 Year Change||n/a|
|Change since IPO||-4.51%|
Recent News & Updates
|TCM||DK Consumer Durables||DK Market|
Return vs Industry: TCM underperformed the Danish Consumer Durables industry which returned -28.9% over the past year.
Return vs Market: TCM underperformed the Danish Market which returned 1% over the past year.
|TCM Average Weekly Movement||5.5%|
|Consumer Durables Industry Average Movement||5.7%|
|Market Average Movement||6.3%|
|10% most volatile stocks in DK Market||10.9%|
|10% least volatile stocks in DK Market||3.8%|
Stable Share Price: TCM is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TCM's weekly volatility (6%) has been stable over the past year.
About the Company
TCM Group A/S engages in the manufacture and sale of kitchen and furniture products for bathrooms and storage in Denmark and internationally. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. As of December 31, 2021, the company operated 39 stores under the Svane Køkkenet; 31 stores under the Tvis Køkkener; and 23 stores under the Nettoline brands.
TCM Group Fundamentals Summary
|TCM fundamental statistics|
Is TCM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TCM income statement (TTM)|
|Cost of Revenue||kr.860.07m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 19, 2022
|Earnings per share (EPS)||12.50|
|Net Profit Margin||9.25%|
How did TCM perform over the long term?See historical performance and comparison
6.4%Current Dividend Yield
Is TCM Group undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TCM (DKK93.1) is trading below our estimate of fair value (DKK474.13)
Significantly Below Fair Value: TCM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TCM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the European Consumer Durables industry average (10.4x).
PE vs Market: TCM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the Danish market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: TCM is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: TCM is overvalued based on its Price-To-Book Ratio (1.8x) compared to the XE Consumer Durables industry average (1.5x).
How is TCM Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCM's forecast earnings growth (15.4% per year) is above the savings rate (0.09%).
Earnings vs Market: TCM's earnings (15.4% per year) are forecast to grow faster than the Danish market (8.8% per year).
High Growth Earnings: TCM's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCM's revenue (4.9% per year) is forecast to grow slower than the Danish market (5.9% per year).
High Growth Revenue: TCM's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCM's Return on Equity is forecast to be high in 3 years time (32%)
How has TCM Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCM has high quality earnings.
Growing Profit Margin: TCM's current net profit margins (9.3%) are lower than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: TCM's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: TCM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TCM had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (29.4%).
Return on Equity
High ROE: TCM's Return on Equity (24.3%) is considered high.
How is TCM Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TCM's short term assets (DKK195.6M) do not cover its short term liabilities (DKK427.8M).
Long Term Liabilities: TCM's short term assets (DKK195.6M) exceed its long term liabilities (DKK120.7M).
Debt to Equity History and Analysis
Debt Level: TCM's net debt to equity ratio (54%) is considered high.
Reducing Debt: TCM's debt to equity ratio has reduced from 70.6% to 56.3% over the past 5 years.
Debt Coverage: TCM's debt is well covered by operating cash flow (28.4%).
Interest Coverage: TCM's interest payments on its debt are well covered by EBIT (35.7x coverage).
What is TCM Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCM's dividend (6.44%) is higher than the bottom 25% of dividend payers in the Danish market (1.41%).
High Dividend: TCM's dividend (6.44%) is in the top 25% of dividend payers in the Danish market (6.34%)
Stability and Growth of Payments
Stable Dividend: TCM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TCM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), TCM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (142.1%), TCM's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Torben Paulin (56 yo)
Mr. Torben Paulin serves as the Chief Executive Officer at TCM Group A/S until March 1, 2020. He had been the Chief Executive Officer and Member of the Executive Board of BoConcept Holding A/S since August...
Experienced Board: TCM's board of directors are considered experienced (4.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TCM Group A/S's employee growth, exchange listings and data sources
- Name: TCM Group A/S
- Ticker: TCM
- Exchange: CPSE
- Founded: 2015
- Industry: Home Furnishings
- Sector: Consumer Durables
- Implied Market Cap: kr.764.313m
- Shares outstanding: 8.21m
- Website: https://www.tcmgroup.dk
Number of Employees
- TCM Group A/S
- Skautrupvej 16
- Central Denmark Region
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/27 00:00|
|End of Day Share Price||2022/05/25 00:00|
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.