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Andersen & Martini

CPSE:AM B
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AM B
CPSE
DKK113M
Market Cap
  1. Home
  2. DK
  3. Retail
Company description

Andersen & Martini A/S engages in the car dealership activities in Denmark. The last earnings update was 36 days ago. More info.


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AM B Share Price and Events
7 Day Returns
-1.8%
CPSE:AM B
4.8%
Europe Specialty Retail
-0.8%
DK Market
1 Year Returns
-9.2%
CPSE:AM B
4.3%
Europe Specialty Retail
9.1%
DK Market
AM B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Andersen & Martini (AM B) -1.8% -7.6% -10.7% -9.2% 21.1% 41.2%
Europe Specialty Retail 4.8% 7.9% 15.4% 4.3% -20.6% -7.3%
DK Market -0.8% -1.8% 6.6% 9.1% 7.9% 48.8%
1 Year Return vs Industry and Market
  • AM B underperformed the Specialty Retail industry which returned 4.3% over the past year.
  • AM B underperformed the Market in Denmark which returned 9.1% over the past year.
Price Volatility
AM B
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Andersen & Martini undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Andersen & Martini to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Andersen & Martini.

CPSE:AM B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year DK Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CPSE:AM B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DK Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.865 (1 + (1- 22%) (146.71%))
1.573
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.57
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.21% + (1.573 * 5.96%)
9.59%

Discounted Cash Flow Calculation for CPSE:AM B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Andersen & Martini is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

CPSE:AM B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 9.59%)
2019 51.94 Est @ 68.67% 47.39
2020 76.94 Est @ 48.14% 64.06
2021 102.91 Est @ 33.76% 78.19
2022 127.29 Est @ 23.7% 88.25
2023 148.49 Est @ 16.65% 93.94
2024 165.89 Est @ 11.72% 95.76
2025 179.60 Est @ 8.27% 94.61
2026 190.11 Est @ 5.85% 91.38
2027 198.02 Est @ 4.16% 86.85
2028 203.92 Est @ 2.98% 81.61
Present value of next 10 years cash flows DKK822.03
CPSE:AM B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= DKK203.92 × (1 + 0.21%) ÷ (9.59% – 0.21%)
DKK2,179.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK2,179.33 ÷ (1 + 9.59%)10
DKK872.19
CPSE:AM B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK822.03 + DKK872.19
DKK1,694.22
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK1,694.22 / 2.08
DKK814.21
CPSE:AM B Discount to Share Price
Calculation Result
Value per share (DKK) From above. DKK814.21
Current discount Discount to share price of DKK54.50
= -1 x (DKK54.50 - DKK814.21) / DKK814.21
93.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Andersen & Martini is available for.
Intrinsic value
>50%
Share price is DKK54.5 vs Future cash flow value of DKK814.21
Current Discount Checks
For Andersen & Martini to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Andersen & Martini's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Andersen & Martini's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Andersen & Martini's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Andersen & Martini's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CPSE:AM B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in DKK DKK0.49
CPSE:AM B Share Price ** CPSE (2019-04-16) in DKK DKK54.5
Europe Specialty Retail Industry PE Ratio Median Figure of 80 Publicly-Listed Specialty Retail Companies 13.61x
Denmark Market PE Ratio Median Figure of 101 Publicly-Listed Companies 18.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Andersen & Martini.

CPSE:AM B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CPSE:AM B Share Price ÷ EPS (both in DKK)

= 54.5 ÷ 0.49

110.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Andersen & Martini is overvalued based on earnings compared to the Europe Specialty Retail industry average.
  • Andersen & Martini is overvalued based on earnings compared to the Denmark market.
Price based on expected Growth
Does Andersen & Martini's expected growth come at a high price?
Raw Data
CPSE:AM B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 110.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
31.9%per year
Europe Specialty Retail Industry PEG Ratio Median Figure of 56 Publicly-Listed Specialty Retail Companies 1.33x
Denmark Market PEG Ratio Median Figure of 43 Publicly-Listed Companies 1.72x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Andersen & Martini, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Andersen & Martini's assets?
Raw Data
CPSE:AM B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in DKK DKK44.12
CPSE:AM B Share Price * CPSE (2019-04-16) in DKK DKK54.5
Europe Specialty Retail Industry PB Ratio Median Figure of 109 Publicly-Listed Specialty Retail Companies 1.17x
Denmark Market PB Ratio Median Figure of 129 Publicly-Listed Companies 1.58x
CPSE:AM B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CPSE:AM B Share Price ÷ Book Value per Share (both in DKK)

= 54.5 ÷ 44.12

1.24x

* Primary Listing of Andersen & Martini.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Andersen & Martini is overvalued based on assets compared to the Europe Specialty Retail industry average.
X
Value checks
We assess Andersen & Martini's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Andersen & Martini has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Andersen & Martini expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Andersen & Martini, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Andersen & Martini expected to grow at an attractive rate?
  • Andersen & Martini's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Andersen & Martini's earnings growth is expected to exceed the Denmark market average.
  • Unable to compare Andersen & Martini's revenue growth to the Denmark market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CPSE:AM B Future Growth Rates Data Sources
Data Point Source Value (per year)
CPSE:AM B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 31.9%
Europe Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 10.5%
Europe Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Denmark Market Earnings Growth Rate Market Cap Weighted Average 10.2%
Denmark Market Revenue Growth Rate Market Cap Weighted Average 6.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CPSE:AM B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CPSE:AM B Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2018-12-31 811 37 1
2018-09-30 847 19 0
2018-06-30 882 2 -1
2018-03-31 903 -4 24
2017-12-31 923 -9 49
2017-09-30 947 -5 51
2017-06-30 970 0 54
2017-03-31 980 4 29
2016-12-31 990 8 4
2016-09-30 964 17 3
2016-06-30 938 25 2
2016-03-31 875 24 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Andersen & Martini's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Andersen & Martini is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CPSE:AM B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Andersen & Martini Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:AM B Past Financials Data
Date (Data in DKK Millions) EPS *
2018-12-31 0.49
2018-09-30 -0.08
2018-06-30 -0.66
2018-03-31 11.45
2017-12-31 23.57
2017-09-30 24.67
2017-06-30 25.77
2017-03-31 13.86
2016-12-31 1.96
2016-09-30 1.43
2016-06-30 0.91
2016-03-31 0.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Andersen & Martini will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Andersen & Martini's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Andersen & Martini has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Andersen & Martini performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Andersen & Martini's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Andersen & Martini has delivered over 20% year on year earnings growth in the past 5 years.
  • Andersen & Martini's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Andersen & Martini's 1-year earnings growth is negative, it can't be compared to the Europe Specialty Retail industry average.
Earnings and Revenue History
Andersen & Martini's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Andersen & Martini Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:AM B Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 811.02 1.03 87.23
2018-09-30 846.64 -0.17 88.39
2018-06-30 882.27 -1.38 89.56
2018-03-31 902.80 23.83 91.94
2017-12-31 923.33 49.04 94.33
2017-09-30 946.77 51.34 95.08
2017-06-30 970.21 53.63 95.84
2017-03-31 979.92 28.85 94.94
2016-12-31 989.63 4.07 94.05
2016-09-30 963.74 2.99 90.59
2016-06-30 937.86 1.90 87.13
2016-03-31 874.88 1.89 83.98
2015-12-31 811.91 1.87 80.83
2015-09-30 760.52 -3.47 82.63
2015-06-30 709.13 -8.82 84.44
2015-03-31 704.47 -10.66 84.47
2014-12-31 699.82 -12.50 84.50
2014-09-30 681.76 -7.52 80.37
2014-06-30 663.70 -2.55 76.25
2014-03-31 670.44 -0.64 76.53
2013-12-31 677.19 1.27 76.81
2013-09-30 703.32 -0.24 78.64
2013-06-30 729.45 -1.76 80.47
2013-03-31 751.78 -3.35 81.79
2012-12-31 774.11 -4.95 83.11
2012-09-30 801.08 -4.62 83.15
2012-06-30 828.04 -4.30 83.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Andersen & Martini has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Andersen & Martini used its assets less efficiently than the Europe Specialty Retail industry average last year based on Return on Assets.
  • Andersen & Martini's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Andersen & Martini's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Andersen & Martini has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Andersen & Martini's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Andersen & Martini's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Andersen & Martini is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Andersen & Martini's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Andersen & Martini's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Andersen & Martini Company Filings, last reported 3 months ago.

CPSE:AM B Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 91.80 166.38 2.96
2018-09-30 91.80 166.38 2.96
2018-06-30 90.95 183.22 4.62
2018-03-31 90.95 183.22 4.62
2017-12-31 94.55 193.74 3.15
2017-09-30 94.55 193.74 3.15
2017-06-30 140.16 149.49 11.74
2017-03-31 140.16 149.49 11.74
2016-12-31 89.55 205.06 0.39
2016-09-30 89.55 205.06 0.39
2016-06-30 86.58 205.53 1.33
2016-03-31 86.58 205.53 1.33
2015-12-31 85.39 208.25 0.70
2015-09-30 85.39 208.25 0.70
2015-06-30 84.46 228.86 3.78
2015-03-31 84.46 228.86 3.78
2014-12-31 79.56 223.32 0.56
2014-09-30 79.56 223.32 0.56
2014-06-30 89.35 203.87 0.55
2014-03-31 89.35 203.87 0.55
2013-12-31 92.05 216.56 1.09
2013-09-30 92.05 216.56 1.09
2013-06-30 94.86 212.82 1.56
2013-03-31 94.86 212.82 1.56
2012-12-31 93.75 182.81 2.72
2012-09-30 93.75 182.81 2.72
2012-06-30 96.62 209.99 1.44
  • Andersen & Martini's level of debt (181.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (235.2% vs 181.2% today).
  • Debt is well covered by operating cash flow (22.2%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Andersen & Martini's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Andersen & Martini has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Andersen & Martini's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Andersen & Martini dividends.
If you bought DKK2,000 of Andersen & Martini shares you are expected to receive DKK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Andersen & Martini's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Andersen & Martini's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CPSE:AM B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 61 Stocks 3.6%
Denmark Market Average Dividend Yield Market Cap Weighted Average of 76 Stocks 2.3%
Denmark Minimum Threshold Dividend Yield 10th Percentile 1.1%
Denmark Bottom 25% Dividend Yield 25th Percentile 1.6%
Denmark Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Andersen & Martini has not reported any payouts.
  • Unable to verify if Andersen & Martini's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Andersen & Martini's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Andersen & Martini has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Andersen & Martini's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Andersen & Martini afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Andersen & Martini has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Andersen & Martini's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Hansen
COMPENSATION DKK3,361,000
TENURE AS CEO 18.3 years
CEO Bio

Mr. Peter Hansen has been the Chief Executive Officer of Andersen & Martini A/S since 2001. Mr. Hansen holds Bachelor of Science in Economics from the Copenhagen Business School and Bachelor of Business Administration from the Copenhagen Business School from 1977 to 1980. He also did MS in Finance and Accounting at Copenhagen Business School in 1987.

CEO Compensation
  • Insufficient data for Peter to compare compensation growth.
  • Insufficient data for Peter to establish whether their remuneration is reasonable compared to companies of similar size in Denmark.
Management Team

Peter Hansen

TITLE
Chief Executive Officer
COMPENSATION
DKK3M
TENURE
18.3 yrs

Per Martini

TITLE
Special Advisor to the Board of Directors
Board of Directors

Henning Hürdum

TITLE
Chairman of the Board of Directors
AGE
65

Erik Justesen

TITLE
Vice Chairman
AGE
63

Poul Tvede

TITLE
Director

martin thorborg

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (DKK) Value (DKK)
X
Management checks
We assess Andersen & Martini's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Andersen & Martini has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The Andersen & Martini (CPH:AM B) Share Price Is Up 37% And Shareholders Are Holding On

While Andersen & Martini A/S (CPH:AM B) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 10% in the last quarter. … While Andersen & Martini made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. … While the share price has gained 6.6% per year for five years, that's hardly amazing considering the market also rose.

Simply Wall St -

Is Andersen & Martini A/S (CPH:AM B) Struggling With Its 4.6% Return On Capital Employed?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Company Info

Description

Andersen & Martini A/S engages in the car dealership activities in Denmark. It sells new and used cars, and spare parts; and offers car leasing, as well as workshop services. The company sells and repairs Opel, Saab, Cadillac, Corvette, Kia, Fiat, and Peugeot. In 2009, It serves private and business customers. The company was founded in 1939 and is headquartered in Greve, Denmark. Andersen & Martini A/S is a subsidiary of Helmsman Holding ApS.

Details
Name: Andersen & Martini A/S
AM B
Exchange: CPSE
Founded: 1939
DKK113,404,635
2,080,819
Website: http://www.am.dk
Address: Andersen & Martini A/S
Agenavej 15,
Greve,
2670,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE AM B Series B Shares OMX Nordic Exchange Copenhagen DK DKK 02. Jan 1992
LSE 0DK1 Series B Shares London Stock Exchange GB DKK 02. Jan 1992
BATS-CHIXE AMBC Series B Shares BATS 'Chi-X Europe' GB DKK 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Andersen & Martini employees.
Industry
Automotive Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 20:46
End of day share price update: 2019/04/16 00:00
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.