Matas
Matas A/S, together with its subsidiaries, operates a chain of retail stores that offers beauty, personal care, and health products in Denmark. The last earnings update was 77 days ago. More info.
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MATAS Share Price and Events
7 Day Returns
1 Year Returns
MATAS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Matas (MATAS) | -1% | 3.3% | -10.4% | -5.8% | -47% | -55.1% |
| Europe Specialty Retail | 0.8% | 8.3% | 12.9% | 1.5% | -20.4% | -7.8% |
| DK Market | 0.2% | 0.1% | 7.3% | 9.6% | 9.8% | 46.6% |
1 Year Return vs Industry and Market
- MATAS underperformed the Specialty Retail industry which returned 1.5% over the past year.
- MATAS underperformed the Market in Denmark which returned 9.6% over the past year.
MATAS Value
Is Matas 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
Matas
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Matas.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 3 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.3% |
| 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.
| 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%) (62.56%)) |
1.192 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.19 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.21% + (1.192 * 5.96%) |
7.32% |
Discounted Cash Flow Calculation for CPSE:MATAS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Matas 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.
| Levered FCF (DKK, Millions) | Source |
Present Value Discounted (@ 7.32%) |
|
|---|---|---|---|
| 2019 | 321.33 | Analyst x3 | 299.42 |
| 2020 | 275.33 | Analyst x3 | 239.06 |
| 2021 | 280.00 | Analyst x3 | 226.53 |
| 2022 | 267.34 | Est @ -4.52% | 201.54 |
| 2023 | 259.06 | Est @ -3.1% | 181.97 |
| 2024 | 253.60 | Est @ -2.11% | 165.99 |
| 2025 | 250.02 | Est @ -1.41% | 152.49 |
| 2026 | 247.72 | Est @ -0.92% | 140.77 |
| 2027 | 246.27 | Est @ -0.58% | 130.41 |
| 2028 | 245.43 | Est @ -0.34% | 121.10 |
| Present value of next 10 years cash flows | DKK1,859.26 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= DKK245.43 × (1 + 0.21%) ÷ (7.32% – 0.21%) |
DKK3,461.04 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= DKK3,461.04 ÷ (1 + 7.32%)10 |
DKK1,707.72 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= DKK1,859.26 + DKK1,707.72 |
DKK3,566.98 |
| Equity Value per Share (DKK) |
= Total value / Shares Outstanding
= DKK3,566.98 / 37.99 |
DKK93.88 |
| Calculation | Result | |
|---|---|---|
| Value per share (DKK) | From above. | DKK93.88 |
| Current discount | Discount to share price of
DKK66.30
= -1 x (DKK66.30 - DKK93.88) / DKK93.88 |
29.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Matas's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Matas's share price is below the future cash flow value, but not 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 Matas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Matas's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in DKK | DKK6.94 |
| CPSE:MATAS Share Price ** | CPSE (2019-04-25) in DKK | DKK66.3 |
| Europe Specialty Retail Industry PE Ratio | Median Figure of 80 Publicly-Listed Specialty Retail Companies | 13.8x |
| Denmark Market PE Ratio | Median Figure of 102 Publicly-Listed Companies | 17.97x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Matas.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = CPSE:MATAS Share Price ÷ EPS (both in DKK) = 66.3 ÷ 6.94 |
9.55x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Matas is good value based on earnings compared to the Europe Specialty Retail industry average.
- Matas is good value based on earnings compared to the Denmark market.
Price based on expected Growth
Does
Matas's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 9.55x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
-5.5%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 | 1.73x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 9.55x ÷ -5.5% |
-1.73x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Matas earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Matas's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in DKK | DKK69.38 |
| CPSE:MATAS Share Price * | CPSE (2019-04-25) in DKK | DKK66.3 |
| Europe Specialty Retail Industry PB Ratio | Median Figure of 109 Publicly-Listed Specialty Retail Companies | 1.19x |
| Denmark Market PB Ratio | Median Figure of 131 Publicly-Listed Companies | 1.56x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = CPSE:MATAS Share Price ÷ Book Value per Share (both in DKK) = 66.3 ÷ 69.38 |
0.96x |
* Primary Listing of Matas.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Matas is good value based on assets compared to the Europe Specialty Retail industry average.
Value checks
We assess Matas's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check) Matas has a total score of 4/6, 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.
MATAS Future Performance
How is Matas expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
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!
Earnings growth vs Low Risk Savings
- Matas's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
- Matas's earnings are expected to decrease over the next 1-3 years, this is below the Denmark market average.
- Matas's revenue growth is positive but not above the Denmark market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| CPSE:MATAS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | -5.5% |
| CPSE:MATAS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 2.2% |
| 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 | 10.4% |
| Denmark Market Revenue Growth Rate | Market Cap Weighted Average | 6.2% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Date (Data in DKK Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-03-31 | 3,870 | 1 | ||
| 2023-03-31 | 3,832 | 1 | ||
| 2022-03-31 | 3,804 | 2 | ||
| 2021-03-31 | 3,685 | 424 | 229 | 3 |
| 2020-03-31 | 3,627 | 422 | 239 | 3 |
| 2019-03-31 | 3,520 | 434 | 255 | 3 |
| Date (Data in DKK Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 3,437 | 412 | 262 |
| 2018-09-30 | 3,419 | 406 | 273 |
| 2018-06-30 | 3,432 | 412 | 277 |
| 2018-03-31 | 3,419 | 384 | 280 |
| 2017-12-31 | 3,475 | 451 | 301 |
| 2017-09-30 | 3,464 | 521 | 314 |
| 2017-06-30 | 3,446 | 475 | 328 |
| 2017-03-31 | 3,463 | 483 | 339 |
| 2016-12-31 | 3,449 | 502 | 340 |
| 2016-09-30 | 3,436 | 423 | 346 |
| 2016-06-30 | 3,448 | 455 | 363 |
| 2016-03-31 | 3,426 | 567 | 365 |
*GAAP earnings excluding extraordinary items.
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 3 Analyst Estimates (S&P Global) | See Below |
All data from Matas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in DKK Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2024-03-31 | ||||
| 2023-03-31 | ||||
| 2022-03-31 | ||||
| 2021-03-31 | 6.01 | 6.21 | 5.75 | 3.00 |
| 2020-03-31 | 6.27 | 6.38 | 6.12 | 3.00 |
| 2019-03-31 | 6.69 | 6.88 | 6.46 | 3.00 |
| Date (Data in DKK Millions) | EPS * |
|---|---|
| 2018-12-31 | 6.94 |
| 2018-09-30 | 7.26 |
| 2018-06-30 | 7.36 |
| 2018-03-31 | 7.45 |
| 2017-12-31 | 8.00 |
| 2017-09-30 | 8.29 |
| 2017-06-30 | 8.59 |
| 2017-03-31 | 8.79 |
| 2016-12-31 | 8.76 |
| 2016-09-30 | 8.83 |
| 2016-06-30 | 9.19 |
| 2016-03-31 | 9.18 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Matas's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Matas has a total score of 0/6, 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.
MATAS Past Performance
How has Matas 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
Past Earnings growth analysis
- Matas's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Matas's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Matas's 1-year earnings growth is negative, it can't be compared to the Europe Specialty Retail industry average.
Earnings and Revenue History
All data from Matas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in DKK Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 3,437.20 | 261.50 | 1,023.10 | |
| 2018-09-30 | 3,419.40 | 273.30 | 1,005.30 | |
| 2018-06-30 | 3,432.10 | 277.10 | 1,001.60 | |
| 2018-03-31 | 3,419.10 | 280.30 | 1,000.80 | |
| 2017-12-31 | 3,474.90 | 301.20 | 975.50 | |
| 2017-09-30 | 3,464.40 | 314.00 | 974.00 | |
| 2017-06-30 | 3,446.10 | 328.10 | 985.80 | |
| 2017-03-31 | 3,463.40 | 338.70 | 991.70 | |
| 2016-12-31 | 3,448.90 | 340.00 | 999.10 | |
| 2016-09-30 | 3,436.10 | 345.90 | 987.30 | |
| 2016-06-30 | 3,447.70 | 362.70 | 967.30 | |
| 2016-03-31 | 3,426.10 | 364.50 | 952.40 | |
| 2015-12-31 | 3,433.40 | 373.60 | 927.70 | |
| 2015-09-30 | 3,423.20 | 364.60 | 923.10 | |
| 2015-06-30 | 3,432.60 | 359.10 | 926.80 | |
| 2015-03-31 | 3,433.30 | 340.30 | 934.50 | |
| 2014-12-31 | 3,405.10 | 281.40 | 943.90 | |
| 2014-09-30 | 3,382.20 | 273.40 | 943.80 | |
| 2014-06-30 | 3,368.70 | 273.90 | 929.30 | |
| 2014-03-31 | 3,344.50 | 248.90 | 911.60 | |
| 2013-12-31 | 3,329.20 | 289.60 | 911.00 | |
| 2013-09-30 | 3,266.90 | 266.50 | 903.10 | |
| 2013-06-30 | 3,228.30 | 245.80 | 893.60 | |
| 2013-03-31 | 3,200.00 | 263.00 | 882.30 |
*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.
- Matas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Matas used its assets more efficiently than the Europe Specialty Retail industry average last year based on Return on Assets.
- Matas's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Matas's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Matas 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.
MATAS Health
How is Matas'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 Matas's finances.
The net worth of a company is the difference between its assets and liabilities.
- Matas's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Matas's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.7x 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.
All data from Matas Company Filings, last reported 3 months ago.
| Date (Data in DKK Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 2,636.10 | 1,575.80 | 66.20 |
| 2018-09-30 | 2,494.20 | 1,691.40 | 54.90 |
| 2018-06-30 | 2,456.30 | 1,593.70 | 194.30 |
| 2018-03-31 | 2,620.90 | 1,561.20 | 86.40 |
| 2017-12-31 | 2,588.20 | 1,509.20 | 52.20 |
| 2017-09-30 | 2,452.60 | 1,754.60 | 52.30 |
| 2017-06-30 | 2,410.10 | 1,712.60 | 220.30 |
| 2017-03-31 | 2,572.50 | 1,561.40 | 33.30 |
| 2016-12-31 | 2,552.60 | 1,704.00 | 166.30 |
| 2016-09-30 | 2,493.80 | 1,785.50 | 34.60 |
| 2016-06-30 | 2,468.20 | 1,556.70 | 106.10 |
| 2016-03-31 | 2,658.30 | 1,516.30 | 69.90 |
| 2015-12-31 | 2,663.10 | 1,665.40 | 216.70 |
| 2015-09-30 | 2,545.40 | 1,748.90 | 99.80 |
| 2015-06-30 | 2,472.90 | 1,859.10 | 191.20 |
| 2015-03-31 | 2,643.50 | 1,634.00 | 41.50 |
| 2014-12-31 | 2,625.70 | 1,934.50 | 336.20 |
| 2014-09-30 | 2,510.60 | 1,963.60 | 213.40 |
| 2014-06-30 | 2,444.00 | 1,783.80 | 296.10 |
| 2014-03-31 | 2,599.90 | 1,775.80 | 140.00 |
| 2013-12-31 | 2,595.50 | 2,061.90 | 301.30 |
| 2013-09-30 | 2,453.50 | 1,961.20 | 242.40 |
| 2013-06-30 | 2,387.00 | 1,985.50 | 211.30 |
| 2013-03-31 | 2,359.40 | 2,283.90 | 536.60 |
- Matas's level of debt (59.8%) 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 (79.3% vs 59.8% today).
- Debt is well covered by operating cash flow (26.2%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 18.6x coverage).
Financial health checks
We assess Matas's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Matas has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
MATAS Dividends
What is Matas'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
If you bought
DKK2,000 of
Matas
shares you are expected to receive
DKK190
in your first year as a dividend.
Dividend Amount
- Matas's pays a higher dividend yield than the bottom 25% of dividend payers in Denmark (1.62%).
- Matas's dividend is above the markets top 25% of dividend payers in Denmark (4.59%).
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.
| 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 3 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 77 Stocks | 2.3% |
| Denmark Minimum Threshold Dividend Yield | 10th Percentile | 1% |
| Denmark Bottom 25% Dividend Yield | 25th Percentile | 1.6% |
| Denmark Top 25% Dividend Yield | 75th Percentile | 4.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in DKK) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2024-03-31 | ||
| 2023-03-31 | ||
| 2022-03-31 | ||
| 2021-03-31 | 4.69 | 3.00 |
| 2020-03-31 | 4.50 | 3.00 |
| 2019-03-31 | 4.42 | 3.00 |
| Date (Data in DKK) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-05-30 | 6.300 | 10.169 |
| 2017-06-29 | 6.300 | 8.076 |
| 2016-05-27 | 6.300 | 5.755 |
| 2015-05-28 | 5.800 | 4.412 |
| 2014-06-04 | 5.500 | 3.853 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Matas has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Matas only paid a dividend in the past 5 years.
Income/ dividend checks
We assess Matas's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Matas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Matas has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
MATAS Management
CEO
| COMPENSATION | DKK7,300,000 |
| AGE | 46 |
| TENURE AS CEO | 1.4 years |
CEO Bio
Mr. Gregers Christian Wedell-Wedellsborg has been the Chief Executive Officer of MATAS A/S since November 1, 2017. Mr. Wedell-Wedellsborg serves as President and Chief Executive Officer of Coop Danmark A/S. Mr. Wedell-Wedellsborg has a broad background in retail. He served as group executive vice president at COOP Danmark A/S, where since 2015 was in charge of operations at SuperBrugsen, Dagli'Brugsen, Kvickly and Irma along with a total of 30,000 employees and aggregrate revenue of more than DKK 30 billion. He was Director of COOP Danmark's e-commerce and members' programme from 2012 to 2014. He served as Director of Coop Bank A/S until August 28, 2017. From 2007 to 2012, he was Director of Digital Media at TV2 Danmark A/S. He worked six years at Berlingske Media. He has served on the boards of directors of a large number of digital entrepreneurial businesses, including Downtown ApS and Momondo Norden A/S. He serves on the boards of directors of Gyldendal A/S, Vallø Stift, Coop Bank A/S and AllUnite A/S. He is a member of the Danish government's Disruption Agency. Mr. Wedell-Wedellsborg is Captain of the Royal Life Guards Reserve. He holds a MSc in Political Science from the University of Copenhagen and a Master in Public Administration from Harvard.
CEO Compensation
- Insufficient data for Gregers to compare compensation growth.
- Gregers's remuneration is higher than average for companies of similar size in Denmark.
Management Team Tenure
Average tenure and age of the Matas management team in years:
- The average tenure for the Matas management team is less than 2 years, this suggests a new team.
Management Team
Gregers Wedell-Wedellsborg
Chief Executive Officer
DKK7M
46
1.4 yrs
Anders Skole-Sørensen
Chief Financial Officer
DKK5M
56
11.7 yrs
Elisabeth Klintholm
Head of Investor Relations & Corporate Affairs
1.7 yrs
Klaus Fridorf
Head of Communication
Anne Hamann
Director of Marketing
53
Henrik Michaelsen
Director of Human Resources
63
Thomas Grane
CIO & Head of IT
Board of Directors Tenure
Average tenure and age of the Matas board of directors in years:
- The tenure for the Matas board of directors is about average.
Board of Directors
Lars Frederiksen
Chairman of the Board
DKK800K
60
5.8 yrs
Lars Frederiksen
Deputy Chairman of the Board
DKK400K
49
12.1 yrs
Birgitte Nielsen
Independent Director
DKK400K
55
5.8 yrs
Christian Mariager
Independent Director
DKK300K
57
4.8 yrs
Signe Hilstrøm
Independent Director
DKK200K
44
1.8 yrs
Mette Maix
Independent Director
DKK200K
49
1.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (DKK) | Value (DKK) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Matas's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Matas 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.
MATAS News
Simply Wall St News
Matas A/S (CPH:MATAS): Time For A Financial Health Check
However, an important fact which most ignore is: how financially healthy is the business? … Understanding the company's financial health becomes. … The following basic checks can help you get a picture of the company's balance sheet strength.
Simply Wall St - – Full articleWhat Kind Of Shareholder Appears On The Matas A/S's (CPH:MATAS) Shareholder Register?
Generally speaking, as a company grows, institutions will increase their ownership. … Matas is a smaller company with a market capitalization of ø2.6b, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.
Simply Wall St - – Full articleIs Matas A/S's (CPH:MATAS) 9.9% ROE Better Than Average?
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each DKK1 of shareholders' equity it has, the company made DKK0.099 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHow Good Is Matas A/S (CPH:MATAS) At Creating Shareholder Value?
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). … Analysts use this formula to calculate return on capital employed:
Simply Wall St - – Full articleSuch Is Life: How Matas Shareholders Saw Their Shares Drop 54%
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During the unfortunate half decade during which the share price slipped, Matas actually saw its earnings per share (EPS) improve by 1.5% per year. … While it's not completely obvious why the share price is down, a closer look at the company's history might help explain it.
Simply Wall St - – Full articleIs Matas A/S (CPH:MATAS) A Great Dividend Stock?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, Matas A/S (CPH:MATAS) has paid dividends to shareholders, and these days it yields 8.9%. … Let's dig deeper into whether Matas should have a place in your portfolio.
Simply Wall St - – Full articleCalculating The Intrinsic Value Of Matas A/S (CPH:MATAS)
I am going to run you through how I calculated the intrinsic value of Matas A/S (CPH:MATAS). … by taking the foreast future cash flows of the company and discounting them back to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleMatas A/S (CPH:MATAS): Does The Earnings Decline Make It An Underperformer?
Measuring Matas A/S's (CPH:MATAS) track record of past performance is an insightful exercise for investors. … Below, I will assess MATAS's recent performance announced on 30 September 2018 and compare these figures to its historical trend and industry movements. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 1.3%, indicating the rate at which MATAS is growing has slowed down
Simply Wall St - – Full articleMatas A/S (CPH:MATAS): Time For A Financial Health Check
Investors are always looking for growth in small-cap stocks like Matas A/S (CPH:MATAS), with a market cap of ø2.4b. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Specialty Retail industry facing headwinds from current disruption,.
Simply Wall St - – Full articleWhat Kind Of Shareholder Owns Most Matas A/S (CPH:MATAS) Stock?
If you want to know who really controls Matas A/S (CPH:MATAS), then you'll have to look at the makeup of its share registry. … With a market capitalization of ø2.3b, Matas is a small cap stock, so it might not be well known by many institutional investors. … Let's take a closer look to see what the different types of shareholder can tell us about MATAS
Simply Wall St - – Full articleMATAS Company Info
Description
Matas A/S, together with its subsidiaries, operates a chain of retail stores that offers beauty, personal care, and health products in Denmark. It offers beauty and personal care products, including cosmetics, fragrances, skincare, and haircare products; vitamins, minerals, supplements, specialty foods, and herbal medicinal products; household and personal care products, such as household cleaning and maintenance, baby care, foot care, and sports-related products; and over-the-counter medicines, nursing products, etc. As of March 31, 2018, the company operated 277 physical stores under the Matas name in Denmark. It also operates through matas.dk and stylebox.dk Websites. Matas A/S was founded in 1949 and is headquartered in Allerød, Denmark.
Details
| Name: | Matas A/S |
| MATAS | |
| Exchange: | CPSE |
| Founded: | 1949 |
| DKK2,519,050,665 | |
| 37,994,731 | |
| Website: | http://www.matas.dk |
| Address: |
Matas A/S Rørmosevej 1, Allerød, Capital Region of Denmark, 3450, Denmark |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| CPSE | MATAS | Ordinary Shares | OMX Nordic Exchange Copenhagen | DK | DKK | 28. Jun 2013 | |
| OTCPK | MAAS.F | Ordinary Shares | Pink Sheets LLC | US | USD | 28. Jun 2013 | |
| DB | 1MTA | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 28. Jun 2013 | |
| LSE | 0QFA | Ordinary Shares | London Stock Exchange | GB | DKK | 28. Jun 2013 | |
| BATS-CHIXE | MATASC | Ordinary Shares | BATS 'Chi-X Europe' | GB | DKK | 28. Jun 2013 |
Number of employees
Current staff
Industry
| Specialty Stores | |
| Retail |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/25 22:07 |
| End of day share price update: | 2019/04/25 00:00 |
| Last estimates confirmation: | 2019/03/20 |
| Last earnings filing: | 2019/02/07 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
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.
