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Market Cap

kr.314.5b

Last Updated

2021/05/06 18:59 UTC

Data Sources

Company Financials +

Executive Summary

DSV Panalpina A/S provides transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. More Details

Rewards

Earnings are forecast to grow 8% per year

Earnings grew by 104.6% over the past year

Risk Analysis

No risks detected for DSV from our risk checks.


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has DSV Panalpina's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DSV is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: DSV's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.6%

DSV

3.8%

DK Logistics

-0.7%

DK Market


1 Year Return

104.4%

DSV

94.9%

DK Logistics

31.2%

DK Market

Return vs Industry: DSV exceeded the Danish Logistics industry which returned 92.7% over the past year.

Return vs Market: DSV exceeded the Danish Market which returned 33.6% over the past year.


Shareholder returns

DSVIndustryMarket
7 Day2.6%3.8%-0.7%
30 Day13.1%8.8%2.5%
90 Day39.5%21.6%2.2%
1 Year105.1%104.4%98.9%94.9%34.6%31.2%
3 Year178.4%175.2%69.7%58.0%59.3%47.0%
5 Year393.0%382.6%133.9%100.8%81.5%57.7%

Long-Term Price Volatility Vs. Market

How volatile is DSV Panalpina's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DSV Panalpina undervalued compared to its fair value and its price relative to the market?

50.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DSV (DKK1415.5) is trading above our estimate of fair value (DKK1182.48)

Significantly Below Fair Value: DSV is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DSV is poor value based on its PE Ratio (50.9x) compared to the XE Logistics industry average (28.8x).

PE vs Market: DSV is poor value based on its PE Ratio (50.9x) compared to the Danish market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: DSV is poor value based on its PEG Ratio (6.4x)


Price to Book Ratio

PB vs Industry: DSV is overvalued based on its PB Ratio (6.9x) compared to the XE Logistics industry average (2.9x).


Future Growth

How is DSV Panalpina forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DSV's forecast earnings growth (8% per year) is above the savings rate (0.1%).

Earnings vs Market: DSV's earnings (8% per year) are forecast to grow slower than the Danish market (10.8% per year).

High Growth Earnings: DSV's earnings are forecast to grow, but not significantly.

Revenue vs Market: DSV's revenue (5.3% per year) is forecast to grow slower than the Danish market (6.9% per year).

High Growth Revenue: DSV's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DSV's Return on Equity is forecast to be high in 3 years time (22.4%)


Past Performance

How has DSV Panalpina performed over the past 5 years?

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DSV has high quality earnings.

Growing Profit Margin: DSV's current net profit margins (5.1%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: DSV's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: DSV's earnings growth over the past year (104.6%) exceeds its 5-year average (18.7% per year).

Earnings vs Industry: DSV earnings growth over the past year (104.6%) exceeded the Logistics industry -9.6%.


Return on Equity

High ROE: DSV's Return on Equity (13.8%) is considered low.


Financial Health

How is DSV Panalpina's financial position?


Financial Position Analysis

Short Term Liabilities: DSV's short term assets (DKK34.6B) exceed its short term liabilities (DKK34.1B).

Long Term Liabilities: DSV's short term assets (DKK34.6B) exceed its long term liabilities (DKK22.1B).


Debt to Equity History and Analysis

Debt Level: DSV's debt to equity ratio (28%) is considered satisfactory.

Reducing Debt: DSV's debt to equity ratio has reduced from 103.4% to 28% over the past 5 years.

Debt Coverage: DSV's debt is well covered by operating cash flow (90.6%).

Interest Coverage: DSV's interest payments on its debt are well covered by EBIT (16.8x coverage).


Balance Sheet


Dividend

What is DSV Panalpina current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DSV's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.16%).

High Dividend: DSV's dividend (0.28%) is low compared to the top 25% of dividend payers in the Danish market (3.56%).


Stability and Growth of Payments

Stable Dividend: DSV is not paying a notable dividend for the Danish market, therefore no need to check if payments are stable.

Growing Dividend: DSV 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: DSV is not paying a notable dividend for the Danish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DSV'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?

4.7yrs

Average management tenure


CEO

Jens Andersen (54 yo)

12.75yrs

Tenure

kr.21,600,000

Compensation

Mr. Jens Bjørn Andersen has been the Chief Executive Officer at DSV Panalpina A/S (formerly known as DSV A/S), DSV Solutions Holding A/s and DSV Road Holding A/S since August 1, 2008 and their Member of th...


CEO Compensation Analysis

Compensation vs Market: Jens's total compensation ($USD3.49M) is about average for companies of similar size in the Danish market ($USD3.69M).

Compensation vs Earnings: Jens's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DSV's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: DSV's board of directors are not considered experienced ( 2.3 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

DSV Panalpina A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DSV Panalpina A/S
  • Ticker: DSV
  • Exchange: CPSE
  • Founded: 1976
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: kr.314.456b
  • Shares outstanding: 221.76m
  • Website: https://www.dsv.com

Number of Employees


Location

  • DSV Panalpina A/S
  • Hovedgaden 630
  • PO Box 210
  • Hedehusene
  • Capital Region of Denmark
  • 2640
  • Denmark

Listings


Biography

DSV Panalpina A/S provides transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 18:59
End of Day Share Price2021/05/06 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.