GN Store Nord
Market Cap
kr.60.2b
Last Updated
2021/01/19 18:11 UTC
Data Sources
Company Financials +
Executive Summary
GN Store Nord A/S develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, rest of Europe, North America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has GN Store Nord's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GN is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
4.8%
GN
3.5%
DK Medical Equipment
1.4%
DK Market
1 Year Return
43.8%
GN
18.9%
DK Medical Equipment
25.3%
DK Market
Return vs Industry: GN exceeded the Danish Medical Equipment industry which returned 17.8% over the past year.
Return vs Market: GN exceeded the Danish Market which returned 23.5% over the past year.
Shareholder returns
| GN | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.8% | 3.5% | 1.4% |
| 30 Day | -0.7% | -0.04% | 3.0% |
| 90 Day | -1.7% | 1.1% | 9.5% |
| 1 Year | 44.4%43.8% | 20.3%18.9% | 27.7%25.3% |
| 3 Year | 144.2%140.7% | 79.9%73.4% | 54.1%42.1% |
| 5 Year | 302.9%291.4% | 136.2%116.8% | 71.6%49.6% |
Long-Term Price Volatility Vs. Market
How volatile is GN Store Nord's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall St
Can GN Store Nord A/S' (CPH:GN) ROE Continue To Surpass The Industry Average?5 months ago | Simply Wall St
These 4 Measures Indicate That GN Store Nord (CPH:GN) Is Using Debt Reasonably Well6 months ago | Simply Wall St
GN Store Nord A/S (CPH:GN) Not Lagging Market On Growth Or PricingValuation
Is GN Store Nord undervalued compared to its fair value and its price relative to the market?
10.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GN (DKK483) is trading below our estimate of fair value (DKK538.4)
Significantly Below Fair Value: GN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GN is good value based on its PE Ratio (48.6x) compared to the DK Medical Equipment industry average (68.7x).
PE vs Market: GN is poor value based on its PE Ratio (48.6x) compared to the Danish market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: GN is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: GN is overvalued based on its PB Ratio (12.8x) compared to the DK Medical Equipment industry average (9.9x).
Next Steps
Future Growth
How is GN Store Nord forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
20.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GN's forecast earnings growth (20.3% per year) is above the savings rate (0.2%).
Earnings vs Market: GN's earnings (20.3% per year) are forecast to grow faster than the Danish market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GN's revenue (10.2% per year) is forecast to grow faster than the Danish market (6.8% per year).
High Growth Revenue: GN's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GN's Return on Equity is forecast to be high in 3 years time (31.3%)
Next Steps
Past Performance
How has GN Store Nord performed over the past 5 years?
9.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GN has high quality earnings.
Growing Profit Margin: GN's current net profit margins (9.8%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: GN's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: GN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GN had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Medical Equipment industry average (-23.9%).
Return on Equity
High ROE: Whilst GN's Return on Equity (26.63%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is GN Store Nord's financial position?
Financial Position Analysis
Short Term Liabilities: GN's short term assets (DKK6.1B) exceed its short term liabilities (DKK5.0B).
Long Term Liabilities: GN's short term assets (DKK6.1B) do not cover its long term liabilities (DKK6.7B).
Debt to Equity History and Analysis
Debt Level: GN's debt to equity ratio (124.7%) is considered high.
Reducing Debt: GN's debt to equity ratio has increased from 43.1% to 124.7% over the past 5 years.
Debt Coverage: GN's debt is well covered by operating cash flow (42.8%).
Interest Coverage: GN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is GN Store Nord current dividend yield, its reliability and sustainability?
0.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GN's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (0.92%).
High Dividend: GN's dividend (0.3%) is low compared to the top 25% of dividend payers in the Danish market (3.51%).
Stability and Growth of Payments
Stable Dividend: GN is not paying a notable dividend for the Danish market, therefore no need to check if payments are stable.
Growing Dividend: GN is not paying a notable dividend for the Danish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GN is not paying a notable dividend for the Danish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GN'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?
7.0yrs
Average board tenure
CEO
René Svendsen-Tune (65 yo)
no data
Tenure
kr.17,200,000
Compensation
Mr. René Svendsen-Tune serves as Chief Executive Officer at GN Store Nord A/S. Mr. Svendsen-Tune has been the Chief Executive Officer and President of GN Audio A/S since April 01, 2015 and serves as its Ch...
CEO Compensation Analysis
Compensation vs Market: René's total compensation ($USD2.80M) is about average for companies of similar size in the Danish market ($USD3.54M).
Compensation vs Earnings: René's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 13yrs | no data | 0.17% DKK 105.1m | |
| Independent Director | 12.58yrs | no data | 0.040% DKK 23.8m | |
| Director | 14yrs | no data | 0.00088% DKK 529.6k | |
| Director | 9.33yrs | no data | 0.00035% DKK 210.6k | |
| Independent Director | 6yrs | no data | 0.0038% DKK 2.3m | |
| Independent Director | 8yrs | no data | 0.0078% DKK 4.7m | |
| Director | 2.75yrs | no data | no data | |
| Deputy Chairman of the Board of Directors | 0.83yr | no data | no data | |
| Director | 0.83yr | no data | no data | |
| Director | 0.83yr | no data | no data |
7.0yrs
Average Tenure
57.5yo
Average Age
Experienced Board: GN's board of directors are considered experienced (7 years average tenure).
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
GN Store Nord A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: GN Store Nord A/S
- Ticker: GN
- Exchange: CPSE
- Founded: 1869
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: kr.60.181b
- Shares outstanding: 128.81m
- Website: https://www.gn.com
Number of Employees
Location
- GN Store Nord A/S
- Lautrupbjerg 7
- Ballerup
- Capital Region of Denmark
- 2750
- Denmark
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GGND.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| GNN | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| GN | CPSE (OMX Nordic Exchange Copenhagen) | Yes | Ordinary Shares | DK | DKK | Jan 1992 |
| 0K9P | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | DKK | Jan 1992 |
| GNC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | DKK | Jan 1992 |
| GNSN | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| GNND.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Sep 2012 |
Biography
GN Store Nord A/S develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, rest of Europe, North America, and internationally. The company operates through GN Hea...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 18:11 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| 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.