| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
HARB B Stock Overview
Harboes Bryggeri A/S develops, produces, and markets beverages and malt-based food ingredients.
Harboes Bryggeri Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr.74.60 |
| 52 Week High | kr.116.50 |
| 52 Week Low | kr.66.00 |
| Beta | 0.53 |
| 1 Month Change | 1.36% |
| 3 Month Change | -4.36% |
| 1 Year Change | -35.13% |
| 3 Year Change | 6.27% |
| 5 Year Change | -35.97% |
| Change since IPO | -30.28% |
Recent News & Updates
Shareholder Returns
| HARB B | DK Beverage | DK Market | |
|---|---|---|---|
| 7D | 1.1% | 0.3% | 0.1% |
| 1Y | -35.1% | -0.7% | -3.5% |
Return vs Industry: HARB B underperformed the Danish Beverage industry which returned -0.7% over the past year.
Return vs Market: HARB B underperformed the Danish Market which returned -4.1% over the past year.
Price Volatility
| HARB B volatility | |
|---|---|
| HARB B Average Weekly Movement | 3.3% |
| Beverage Industry Average Movement | 3.8% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in DK Market | 10.8% |
| 10% least volatile stocks in DK Market | 3.3% |
Stable Share Price: HARB B is less volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HARB B's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1883 | 504 | Soren Malling | https://www.harboe.com |
Harboes Bryggeri A/S develops, produces, and markets beverages and malt-based food ingredients. The company offers beer under the Bear Beer, Harboe, and Darguner brands. It also provides soft drinks, juices, and other non-alcoholic beverages under the Hyper Malt, Caribia, XRAY brand, Ego Organic, Harboe, and Pure brands.
Harboes Bryggeri Fundamentals Summary
| HARB B fundamental statistics | |
|---|---|
| Market Cap | kr.315.01m |
| Earnings (TTM) | -kr.4.25m |
| Revenue (TTM) | kr.1.42b |
0.2x
P/S Ratio-74.1x
P/E RatioIs HARB B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HARB B income statement (TTM) | |
|---|---|
| Revenue | kr.1.42b |
| Cost of Revenue | kr.1.16b |
| Gross Profit | kr.257.82m |
| Other Expenses | kr.262.07m |
| Earnings | -kr.4.25m |
Last Reported Earnings
Apr 30, 2022
Next Earnings Date
Sep 29, 2022
| Earnings per share (EPS) | -1.01 |
| Gross Margin | 18.16% |
| Net Profit Margin | -0.30% |
| Debt/Equity Ratio | 12.7% |
How did HARB B perform over the long term?
See historical performance and comparisonValuation
Is HARB B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HARB B?
Other financial metrics that can be useful for relative valuation.
| What is HARB B's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | kr.315.01m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.3x |
| Enterprise Value/EBITDA | 4.6x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does HARB B's PS Ratio compare to its peers?
| HARB B PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2x | ||
RBREW Royal Unibrew | 3.4x | 5.1% | kr.31.2b |
FFARMS FirstFarms | 1.9x | n/a | kr.659.3m |
CARL B Carlsberg | 2x | 4.3% | kr.142.7b |
236 San Miguel Brewery Hong Kong | 0.5x | n/a | HK$343.7m |
HARB B Harboes Bryggeri | 0.2x | n/a | kr.315.0m |
Price-To-Sales vs Peers: HARB B is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2x).
Price to Earnings Ratio vs Industry
How does HARB B's PE Ratio compare vs other companies in the European Beverage Industry?
Price-To-Sales vs Industry: HARB B is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Beverage industry average (1.7x)
Price to Sales Ratio vs Fair Ratio
What is HARB B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate HARB B's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of HARB B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HARB B (DKK74.6) is trading below our estimate of fair value (DKK101.71)
Significantly Below Fair Value: HARB B is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Harboes Bryggeri forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.8%
Forecasted Food, Beverage & Tobacco 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 Harboes Bryggeri 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.
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- Examine whether Harboes Bryggeri is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Harboes Bryggeri competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Harboes Bryggeri performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-31.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HARB B is currently unprofitable.
Growing Profit Margin: HARB B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HARB B is unprofitable, and losses have increased over the past 5 years at a rate of 31.2% per year.
Accelerating Growth: Unable to compare HARB B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HARB B is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (38.2%).
Return on Equity
High ROE: HARB B has a negative Return on Equity (-0.62%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Harboes Bryggeri's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: HARB B's short term assets (DKK489.4M) exceed its short term liabilities (DKK294.9M).
Long Term Liabilities: HARB B's short term assets (DKK489.4M) exceed its long term liabilities (DKK167.1M).
Debt to Equity History and Analysis
Debt Level: HARB B's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: HARB B's debt to equity ratio has reduced from 22.7% to 12.7% over the past 5 years.
Debt Coverage: HARB B's debt is well covered by operating cash flow (116%).
Interest Coverage: HARB B's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Dividend
What is Harboes Bryggeri current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HARB B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HARB B'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 HARB B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HARB B's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: HARB B is not paying a notable dividend for the Danish market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as HARB B has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average board tenure
CEO
Soren Malling (51 yo)
no data
Tenure
Mr. Soren Malling had been Non-independent member of the Board of Directors of Harboes Bryggeri A/S since 2019 until 2020 and also serves as its Chief Executive Officer. Mr. Malling trained internally at H...
Board Members
Experienced Board: HARB B's board of directors are not considered experienced ( 2.6 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
Harboes Bryggeri A/S's employee growth, exchange listings and data sources
Key Information
- Name: Harboes Bryggeri A/S
- Ticker: HARB B
- Exchange: CPSE
- Founded: 1883
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: kr.315.010m
- Shares outstanding: 4.22m
- Website: https://www.harboe.com
Number of Employees
Location
- Harboes Bryggeri A/S
- Spegerborgvej 34
- Skælskør
- Zealand Region
- 4230
- Denmark
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/11 00:00 |
| End of Day Share Price | 2022/08/11 00:00 |
| Earnings | 2022/04/30 |
| Annual Earnings | 2022/04/30 |
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.