Tivoli A/S engages in entertainment and recreational activities.
Proven track record with mediocre balance sheet.
Share Price & News
How has Tivoli's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIV has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TIV exceeded the Danish Hospitality industry which returned -30.7% over the past year.
Return vs Market: TIV underperformed the Danish Market which returned 3.1% over the past year.
Price Volatility Vs. Market
How volatile is Tivoli's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Should Investors React To Tivoli A/S's (CPH:TIV) CEO Pay?
4 weeks ago | Simply Wall StAnnouncing: Tivoli (CPH:TIV) Stock Increased An Energizing 124% In The Last Five Years
2 months ago | Simply Wall StHere's What Tivoli A/S's (CPH:TIV) ROCE Can Tell Us
Is Tivoli undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TIV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TIV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TIV is poor value based on its PE Ratio (21.5x) compared to the Hospitality industry average (13.1x).
PE vs Market: TIV is poor value based on its PE Ratio (21.5x) compared to the Danish market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TIV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIV is overvalued based on its PB Ratio (3.4x) compared to the DK Hospitality industry average (2.4x).
How is Tivoli forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tivoli has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Tivoli's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Tivoli competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Tivoli performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIV has a large one-off gain of DKK118.5M impacting its December 31 2019 financial results.
Growing Profit Margin: TIV's current net profit margins (15.9%) are higher than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: TIV's earnings have grown significantly by 26.7% per year over the past 5 years.
Accelerating Growth: TIV's earnings growth over the past year (77.7%) exceeds its 5-year average (26.7% per year).
Earnings vs Industry: TIV earnings growth over the past year (77.7%) exceeded the Hospitality industry 0.2%.
Return on Equity
High ROE: TIV's Return on Equity (15.9%) is considered low.
How is Tivoli's financial position?
Financial Position Analysis
Short Term Liabilities: TIV's short term assets (DKK259.4M) do not cover its short term liabilities (DKK339.3M).
Long Term Liabilities: TIV's short term assets (DKK259.4M) do not cover its long term liabilities (DKK428.4M).
Debt to Equity History and Analysis
Debt Level: TIV's debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: TIV's debt to equity ratio has increased from 15.1% to 38.7% over the past 5 years.
Debt Coverage: TIV's debt is well covered by operating cash flow (46.6%).
Interest Coverage: TIV's interest payments on its debt are well covered by EBIT (8.8x coverage).
Inventory Level: TIV has a high level of physical assets or inventory.
Debt Coverage by Assets: TIV's debt is not covered by short term assets (assets are 0.6x debt).
What is Tivoli's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TIV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TIV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TIV is not paying a notable dividend for the Danish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TIV's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lars Liebst (63yo)
Mr. Lars Liebst has been the Chief Executive Officer at Tivoli A/S since July 1996. Mr. Liebst serves as Chairman of the Supervisory Board at TV 2 | Danmark A/S and Industriens Almene Arbejdsgiverforening. ...
CEO Compensation Analysis
Compensation vs Market: Lars's total compensation ($USD1.56M) is above average for companies of similar size in the Danish market ($USD916.03K).
Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||23.75yrs||ø10.80m||no data|
|Chief Financial Officer||4.58yrs||ø5.40m||no data|
|Vice President of Legal||no data||no data||no data|
|Head of Communications||no data||no data||no data|
|Senior Vice President of Sales & Marketing||no data||no data||no data|
|HR Director||no data||no data||no data|
|Executive Vice President||0.083yr||no data||no data|
|Head of Project Management||8.17yrs||no data||no data|
|Head of Press||no data||no data||no data|
|Senior Vice President of IT & Business Development||2.25yrs||no data||no data|
Experienced Management: TIV's management team is considered experienced (4.6 years average tenure).
|Chairman of Supervisory Board||2yrs||no data||no data|
|Independent Member of Supervisory Board||11.25yrs||no data||no data|
|Member of Supervisory Board||12.25yrs||no data||no data|
|Independent Deputy Chairman of Supervisory Board||10.25yrs||no data||no data|
|Member of Supervisory Board||4.67yrs||no data||no data|
|Member of Supervisory Board||2yrs||no data||no data|
Experienced Board: TIV's board of directors are considered experienced (7.5 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.
Tivoli A/S's company bio, employee growth, exchange listings and data sources
- Name: Tivoli A/S
- Ticker: TIV
- Exchange: CPSE
- Founded: 1843
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: ø3.579b
- Shares outstanding: 5.72m
- Website: https://www.tivoli.dk
Number of Employees
- Tivoli A/S
- Vesterbrogade 3
- Capital Region of Denmark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TIV||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Pool Shares||DK||DKK||Jan 1992|
|0RFR||LSE (London Stock Exchange)||Yes||Pool Shares||GB||DKK||Jan 1992|
Tivoli A/S engages in entertainment and recreational activities. The company operates and maintains gardens. The company offers rides, games, shows, events, and concerts. It also operates restaurants, as well as online casino through Danske Spi. Tivoli A/S was founded in 1843 and is based in Copenhagen, Denmark.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 20:34|
|End of Day Share Price||2020/04/03 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.