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MAER

A.P. Møller - Mærsk CPSE:MAERSK B Stock Report

Last Price

kr.17.47k

Market Cap

kr.311.6b

7D

2.9%

1Y

-2.7%

Updated

27 Jun, 2022

Data

Company Financials +
MAERSK B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends5/6

MAERSK B Stock Overview

A.P. Møller - Mærsk A/S operates as an integrated transport and logistics company worldwide.

A.P. Møller - Mærsk Competitors

Price History & Performance

Summary of all time highs, changes and price drops for A.P. Møller - Mærsk
Historical stock prices
Current Share Pricekr.17,465.00
52 Week Highkr.24,920.00
52 Week Lowkr.16,020.00
Beta1.37
1 Month Change-13.97%
3 Month Change-14.51%
1 Year Change-2.70%
3 Year Change116.47%
5 Year Change31.51%
Change since IPO856.11%

Recent News & Updates

May 05
News Flash: Analysts Just Made An Upgrade To Their A.P. Møller - Mærsk A/S (CPH:MAERSK B) Forecasts

News Flash: Analysts Just Made An Upgrade To Their A.P. Møller - Mærsk A/S (CPH:MAERSK B) Forecasts

Shareholders in A.P. Møller - Mærsk A/S ( CPH:MAERSK B ) may be thrilled to learn that the analysts have just delivered...

Shareholder Returns

MAERSK BDK ShippingDK Market
7D2.9%2.1%4.8%
1Y-2.7%0.5%-1.2%

Return vs Industry: MAERSK B underperformed the Danish Shipping industry which returned 0.5% over the past year.

Return vs Market: MAERSK B underperformed the Danish Market which returned -1.2% over the past year.

Price Volatility

Is MAERSK B's price volatile compared to industry and market?
MAERSK B volatility
MAERSK B Average Weekly Movement7.2%
Shipping Industry Average Movement6.1%
Market Average Movement6.4%
10% most volatile stocks in DK Market10.9%
10% least volatile stocks in DK Market3.5%

Stable Share Price: MAERSK B is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MAERSK B's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190495,000Soren Skouhttps://www.maersk.com

A.P. Møller - Mærsk A/S operates as an integrated transport and logistics company worldwide. The company’s Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment services under Maersk Line, Safmarine, Sealand – A Maersk Company, Hamburg Süd, and APM Terminal brands; and sale of bunker oil. Its Logistics & Services segment offers sea and air freight forwarding, supply chain management, cold chain logistics, and custom services, services.

A.P. Møller - Mærsk Fundamentals Summary

How do A.P. Møller - Mærsk's earnings and revenue compare to its market cap?
MAERSK B fundamental statistics
Market CapUS$44.44b
Earnings (TTM)US$22.02b
Revenue (TTM)US$68.64b

2.1x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAERSK B income statement (TTM)
RevenueUS$68.64b
Cost of RevenueUS$37.74b
Gross ProfitUS$30.91b
Other ExpensesUS$8.88b
EarningsUS$22.02b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 03, 2022

Earnings per share (EPS)1.20k
Gross Margin45.02%
Net Profit Margin32.08%
Debt/Equity Ratio9.7%

How did MAERSK B perform over the long term?

See historical performance and comparison

Dividends

14.0%

Current Dividend Yield

33%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MAERSK B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MAERSK B?

Other financial metrics that can be useful for relative valuation.

MAERSK B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA1.8x
PEG Ratio-0.03x

Price to Earnings Ratio vs Peers

How does MAERSK B's PE Ratio compare to its peers?

MAERSK B PE Ratio vs Peers
The above table shows the PE ratio for MAERSK B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.2x
DFDS DFDS
14.9x26.8%kr.13.0b
DNORD Dampskibsselskabet Norden
4xn/akr.8.8b
DSV DSV
18.2x-3.2%kr.234.7b
HLAG Hapag-Lloyd
3.9x-59.8%€46.3b
MAERSK B A.P. Møller - Mærsk
2.1x-62.1%kr.311.6b

Price-To-Earnings vs Peers: MAERSK B is good value based on its Price-To-Earnings Ratio (2.1x) compared to the peer average (10.3x).


Price to Earnings Ratio vs Industry

How does MAERSK B's PE Ratio compare vs other companies in the European Shipping Industry?

Price-To-Earnings vs Industry: MAERSK B is good value based on its Price-To-Earnings Ratio (2.1x) compared to the European Shipping industry average (8.1x)


Price to Earnings Ratio vs Fair Ratio

What is MAERSK B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MAERSK B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.1x
Fair PE Ratio3.8x

Price-To-Earnings vs Fair Ratio: MAERSK B is good value based on its Price-To-Earnings Ratio (2.1x) compared to the estimated Fair Price-To-Earnings Ratio (3.8x).


Share Price vs Fair Value

What is the Fair Price of MAERSK B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MAERSK B (DKK17465) is trading below our estimate of fair value (DKK47610.73)

Significantly Below Fair Value: MAERSK B is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: MAERSK B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is A.P. Møller - Mærsk forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-62.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAERSK B's earnings are forecast to decline over the next 3 years (-62.1% per year).

Earnings vs Market: MAERSK B's earnings are forecast to decline over the next 3 years (-62.1% per year).

High Growth Earnings: MAERSK B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MAERSK B's revenue is expected to decline over the next 3 years (-9.4% per year).

High Growth Revenue: MAERSK B's revenue is forecast to decline over the next 3 years (-9.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAERSK B's Return on Equity is forecast to be low in 3 years time (8.2%).


Discover growth companies

Past Performance

How has A.P. Møller - Mærsk performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


87.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MAERSK B has high quality earnings.

Growing Profit Margin: MAERSK B's current net profit margins (32.1%) are higher than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: MAERSK B has become profitable over the past 5 years, growing earnings by 87.4% per year.

Accelerating Growth: MAERSK B's earnings growth over the past year (311.6%) exceeds its 5-year average (87.4% per year).

Earnings vs Industry: MAERSK B earnings growth over the past year (311.6%) exceeded the Shipping industry 262.5%.


Return on Equity

High ROE: MAERSK B's Return on Equity (49.2%) is considered outstanding.


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Financial Health

How is A.P. Møller - Mærsk's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MAERSK B's short term assets ($26.4B) exceed its short term liabilities ($13.6B).

Long Term Liabilities: MAERSK B's short term assets ($26.4B) exceed its long term liabilities ($14.5B).


Debt to Equity History and Analysis

Debt Level: MAERSK B has more cash than its total debt.

Reducing Debt: MAERSK B's debt to equity ratio has reduced from 39.2% to 9.7% over the past 5 years.

Debt Coverage: MAERSK B's debt is well covered by operating cash flow (612.9%).

Interest Coverage: MAERSK B's interest payments on its debt are well covered by EBIT (26.4x coverage).


Balance Sheet


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Dividend

What is A.P. Møller - Mærsk current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


14.03%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MAERSK B's dividend (14.03%) is higher than the bottom 25% of dividend payers in the Danish market (1.45%).

High Dividend: MAERSK B's dividend (14.03%) is in the top 25% of dividend payers in the Danish market (6.62%)


Stability and Growth of Payments

Stable Dividend: MAERSK B's dividend payments have been volatile in the past 10 years.

Growing Dividend: MAERSK B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.7%), MAERSK B's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), MAERSK B's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Soren Skou (57 yo)

15.42yrs

Tenure

Mr. Soren Skou is a Director at Nokia Corporation since May 21, 2019 and serves as its Vice Chairman since April 05, 2022. He has been the Chief Executive Officer at Mærsk A/S since 2012. Mr. Skou has been...


Leadership Team

Experienced Management: MAERSK B's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: MAERSK B's board of directors are considered experienced (3.2 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

A.P. Møller - Mærsk A/S's employee growth, exchange listings and data sources


Key Information

  • Name: A.P. Møller - Mærsk A/S
  • Ticker: MAERSK B
  • Exchange: CPSE
  • Founded: 1904
  • Industry: Marine
  • Sector: Transportation
  • Implied Market Cap: kr.311.647b
  • Shares outstanding: 18.38m
  • Website: https://www.maersk.com

Number of Employees


Location

  • A.P. Møller - Mærsk A/S
  • Esplanaden 50
  • Copenhagen K
  • Copenhagen
  • Capital Region of Denmark
  • 1098
  • Denmark

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.