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SP Group A/SCPSE:SPG Stock Report

Market Cap DKK 4.8b
Share Price
DKK 408.50
DKK 440
7.2% undervalued intrinsic discount
1Y33.3%
7D0.2%
1D
Portfolio Value
View

SP Group A/S

CPSE:SPG Stock Report

Market Cap: DKK 4.8b

SP Group (SPG) Stock Overview

Manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa. More details

SPG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends3/6

SPG Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

SP Group A/S Competitors

Price History & Performance

Summary of share price highs, lows and changes for SP Group
Historical stock prices
Current Share PriceDKK 408.50
52 Week HighDKK 431.00
52 Week LowDKK 254.50
Beta1.19
1 Month Change10.11%
3 Month Change8.07%
1 Year Change33.28%
3 Year Change52.14%
5 Year Change8.07%
Change since IPO908.64%

Recent News & Updates

Narrative Update May 28

SPG: Share Buybacks And 2026 Guidance Will Shape Balanced Return Outlook

Analysts have kept their DKK 440.0 price target for SP Group broadly unchanged, with a slightly lower discount rate and future P/E assumption balanced by adjusted forecasts for revenue growth and profit margins. What's in the News SP Group updated its 2026 earnings guidance, with expected revenue in the DKK 3.4b to DKK 3.6b range and Idé-Pro projected to contribute about 15% of that total (company guidance).
Narrative Update Apr 27

SPG: Share Buybacks And 2026 Guidance Will Drive Future Upside

Analysts have reduced their price target on SP Group from DKK 470 to DKK 440, citing slightly lower assumptions for revenue growth and profit margins, as well as a modestly higher discount rate, partly offset by a small uplift in the future P/E multiple. What's in the News SP Group completed a share buyback program, repurchasing a total of 328,801 shares, equal to 2.74% of the company, for DKK 97.17 million under the authorization announced on August 30, 2024 (Key Developments).
Narrative Update Apr 12

SPG: Ongoing Share Buybacks Will Support Future Upside Potential

Analysts have kept the SP Group fair value target steady at DKK 470. Only small model tweaks to the discount rate, revenue growth, profit margin and future P/E reflect a slightly more cautious but broadly unchanged outlook on the shares.

Recent updates

Narrative Update May 28

SPG: Share Buybacks And 2026 Guidance Will Shape Balanced Return Outlook

Analysts have kept their DKK 440.0 price target for SP Group broadly unchanged, with a slightly lower discount rate and future P/E assumption balanced by adjusted forecasts for revenue growth and profit margins. What's in the News SP Group updated its 2026 earnings guidance, with expected revenue in the DKK 3.4b to DKK 3.6b range and Idé-Pro projected to contribute about 15% of that total (company guidance).
Narrative Update Apr 27

SPG: Share Buybacks And 2026 Guidance Will Drive Future Upside

Analysts have reduced their price target on SP Group from DKK 470 to DKK 440, citing slightly lower assumptions for revenue growth and profit margins, as well as a modestly higher discount rate, partly offset by a small uplift in the future P/E multiple. What's in the News SP Group completed a share buyback program, repurchasing a total of 328,801 shares, equal to 2.74% of the company, for DKK 97.17 million under the authorization announced on August 30, 2024 (Key Developments).
Narrative Update Apr 12

SPG: Ongoing Share Buybacks Will Support Future Upside Potential

Analysts have kept the SP Group fair value target steady at DKK 470. Only small model tweaks to the discount rate, revenue growth, profit margin and future P/E reflect a slightly more cautious but broadly unchanged outlook on the shares.
Narrative Update Mar 26

SPG: Share Buybacks And Stable Margins Will Support Future Upside Potential

Analysts have kept their DKK 470.00 price target on SP Group unchanged, citing largely stable assumptions around the discount rate, revenue growth, profit margin and future P/E as the basis for their view. What's in the News SP Group completed a share buyback tranche running from July 1, 2025 to December 31, 2025, repurchasing 151,729 shares for DKK 57.17 million, equal to 1.27% of the share capital (Key Developments).
Narrative Update Mar 12

SPG: Lower Discount Rate And Stable Margins Will Support Undervalued Upside Potential

Analysts have kept their DKK 470 price target for SP Group unchanged. They explained that only small adjustments to inputs such as the discount rate and forward P/E do not materially alter their overall view of the shares.
Narrative Update Feb 25

SPG: Stable Assumptions And Margins Will Support Undervalued Upside Potential

Analysts have kept their DKK price target for SP Group broadly unchanged at around DKK 470, reflecting only very small model adjustments to the discount rate, profit margin, revenue growth and future P/E assumptions. Valuation Changes Fair Value: DKK 470.0 is unchanged, so the central valuation anchor remains the same.
Narrative Update Feb 10

SPG: New Finance Leadership Will Support Margins And Undervalued Upside Potential

Analysts have maintained their fair value estimate for SP Group at $470.0. A slightly higher discount rate and a small adjustment to the assumed future P/E multiple form the basis for this updated price target view. What's in the News SP Group A/S appointed Allan Jeppesen as the new Chief Financial Officer, effective 5 January 2026, following his prior senior finance roles at HP Schou, Alumeco, and Danoffice IT (Key Developments).
Narrative Update Jan 25

SPG: New Finance Leadership Will Support Margins And Undervalued Upside Potential

Analysts have maintained their fair value estimate for SP Group at $470, making only very small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions, so the overall price target remains effectively unchanged. What's in the News SP Group A/S appointed Allan Jeppesen as the new Chief Financial Officer, effective 5 January 2026.
Analysis Article Jan 13

SP Group A/S (CPH:SPG) Stock Rockets 26% But Many Are Still Ignoring The Company

SP Group A/S ( CPH:SPG ) shares have continued their recent momentum with a 26% gain in the last month alone. The last...
Narrative Update Jan 08

SPG: New Finance Leadership Will Support Higher Margins And Repriced Upside Potential

Analysts have increased their fair value estimate for SP Group from $395 to $470, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E. What's in the News The Board of Directors has appointed Allan Jeppesen as the new Chief Financial Officer, effective 5 January 2026.
Analysis Article Dec 25

Need To Know: One Analyst Is Much More Bullish On SP Group A/S (CPH:SPG) Revenues

SP Group A/S ( CPH:SPG ) shareholders will have a reason to smile today, with the covering analyst making substantial...
Narrative Update Dec 20

SPG: New Finance Leadership Will Support Higher Margins And Earnings

Analysts have raised their price target on SP Group by 25 to 395, citing stronger projected revenue growth, modestly higher profit margins, and a slightly improved valuation multiple outlook. What's in the News Board appoints Allan Jeppesen as new Chief Financial Officer, effective 5 January 2026, bringing experience from HP Schou, Alumeco and Danoffice IT (company announcement) Current CFO Tilde Kejlhof transitions from Executive Management to Senior Vice President, taking charge of strategic projects to support SP Group's next phase of development (company announcement) Valuation Changes Fair Value: Raised from DKK 370 to DKK 395, reflecting a moderate upward revision in the intrinsic value estimate.
Narrative Update Aug 23

Completion Of Atlanta Factory Will Expand Presence In North American Healthcare Market

The downward revision in SP Group’s price target primarily reflects reduced consensus revenue growth forecasts, with fair value now set at DKK370. What's in the News SP Group lowered its 2025 earnings and revenue guidance, now projecting full-year revenue growth between -3% and +3% (previously +3% to +10%).
Analysis Article Jul 12

Is Now The Time To Look At Buying SP Group A/S (CPH:SPG)?

SP Group A/S ( CPH:SPG ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Apr 14

SP Group's (CPH:SPG) Upcoming Dividend Will Be Larger Than Last Year's

SP Group A/S ( CPH:SPG ) has announced that it will be increasing its dividend from last year's comparable payment on...
User avatar
New Narrative Feb 11

Completion Of Atlanta Factory Will Expand Presence In North American Healthcare Market

Strong growth in proprietary products and a new factory in Atlanta suggest potential for increased revenue and improved margins.
Analysis Article Sep 04

What SP Group A/S' (CPH:SPG) 31% Share Price Gain Is Not Telling You

SP Group A/S ( CPH:SPG ) shares have had a really impressive month, gaining 31% after a shaky period beforehand. The...
Analysis Article Aug 24

SP Group's (CPH:SPG) Returns On Capital Not Reflecting Well On The Business

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Aug 06

SP Group (CPH:SPG) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 29

There's Reason For Concern Over SP Group A/S' (CPH:SPG) Massive 25% Price Jump

Despite an already strong run, SP Group A/S ( CPH:SPG ) shares have been powering on, with a gain of 25% in the last...
Analysis Article Apr 25

SP Group (CPH:SPG) Has Announced A Dividend Of DKK3.00

The board of SP Group A/S ( CPH:SPG ) has announced that it will pay a dividend of DKK3.00 per share on the 30th of...
Analysis Article Apr 19

Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

Key Insights SP Group will host its Annual General Meeting on 25th of April Total pay for CEO Frank Gad includes...
Analysis Article Apr 04

SP Group's (CPH:SPG) Dividend Will Be DKK3.00

The board of SP Group A/S ( CPH:SPG ) has announced that it will pay a dividend on the 30th of April, with investors...
Analysis Article Mar 22

What SP Group A/S' (CPH:SPG) P/E Is Not Telling You

With a median price-to-earnings (or "P/E") ratio of close to 14x in Denmark, you could be forgiven for feeling...
Analysis Article May 29

SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...

Shareholder Returns

SPGDK ChemicalsDK Market
7D0.2%-0.3%0.4%
1Y33.3%-6.3%-16.8%

Return vs Industry: SPG exceeded the Danish Chemicals industry which returned -6.3% over the past year.

Return vs Market: SPG exceeded the Danish Market which returned -16.8% over the past year.

Price Volatility

Is SPG's price volatile compared to industry and market?
SPG volatility
SPG Average Weekly Movement4.9%
Chemicals Industry Average Movement5.5%
Market Average Movement4.9%
10% most volatile stocks in DK Market9.2%
10% least volatile stocks in DK Market2.9%

Stable Share Price: SPG has not had significant price volatility in the past 3 months compared to the Danish market.

Volatility Over Time: SPG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19622,799Lars Beringsp-group.dk

SP Group A/S, together with its subsidiaries, manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa. The company offers hydrographic printing, electromagnetic shielding, other coatings; solid, foamed, flexible, and light-foam polyurethane products; and ventilation equipment, ergonomic matting, and striping products. It also offers vacuum forming, high-pressure, and twin-sheet thermoformed plastic components for use in refrigerators, freezers, cars, buses, and other rolling stocks, as well as in cleantech and medical device industries; injection-moulded plastic precision components for various industries; blow-moulded plastic precision components for various industries.

SP Group A/S Fundamentals Summary

How do SP Group's earnings and revenue compare to its market cap?
SPG fundamental statistics
Market capDKK 4.81b
Earnings (TTM)DKK 285.40m
Revenue (TTM)DKK 3.13b
16.8x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPG income statement (TTM)
RevenueDKK 3.13b
Cost of RevenueDKK 1.40b
Gross ProfitDKK 1.73b
Other ExpensesDKK 1.45b
EarningsDKK 285.40m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)24.26
Gross Margin55.34%
Net Profit Margin9.12%
Debt/Equity Ratio85.5%

How did SPG perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
17%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 08:10
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SP Group A/S is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander BorreskovCarnegie Investment Bank AB
Alexander BorreskovDNB Carnegie