Ørsted A/S, together with its subsidiaries, develops, constructs, and operates offshore wind farms, bioenergy plants, and waste-to-energy solutions.
Excellent balance sheet with questionable track record.
Share Price & News
How has Ørsted's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORSTED has not had significant price volatility in the past 3 months.
7 Day Return
DK Electric Utilities
1 Year Return
DK Electric Utilities
Return vs Industry: ORSTED exceeded the Danish Electric Utilities industry which returned -2.4% over the past year.
Return vs Market: ORSTED exceeded the Danish Market which returned -0.6% over the past year.
Price Volatility Vs. Market
How volatile is Ørsted's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Ørsted A/S (CPH:ORSTED) Creating Value For Shareholders?
3 weeks ago | Simply Wall StDoes Ørsted (CPH:ORSTED) Have A Healthy Balance Sheet?
1 month ago | Simply Wall StDid Ørsted A/S (CPH:ORSTED) Use Debt To Deliver Its ROE Of 8.1%?
Is Ørsted undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ORSTED (DKK659.6) is trading above our estimate of fair value (DKK289.95)
Significantly Below Fair Value: ORSTED is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ORSTED is poor value based on its PE Ratio (42.2x) compared to the Electric Utilities industry average (10.1x).
PE vs Market: ORSTED is poor value based on its PE Ratio (42.2x) compared to the Danish market (12x).
Price to Earnings Growth Ratio
PEG Ratio: ORSTED is poor value based on its PEG Ratio (4.6x)
Price to Book Ratio
PB vs Industry: ORSTED is overvalued based on its PB Ratio (3.2x) compared to the XE Electric Utilities industry average (0.8x).
How is Ørsted forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORSTED's forecast earnings growth (9.2% per year) is above the savings rate (-0.3%).
Earnings vs Market: ORSTED's earnings (9.2% per year) are forecast to grow slower than the Danish market (12% per year).
High Growth Earnings: ORSTED's earnings are forecast to grow, but not significantly.
Revenue vs Market: ORSTED's revenue (0.7% per year) is forecast to grow slower than the Danish market (6% per year).
High Growth Revenue: ORSTED's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORSTED's Return on Equity is forecast to be low in 3 years time (9.9%).
How has Ørsted performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORSTED has high quality earnings.
Growing Profit Margin: ORSTED's current net profit margins (9.3%) are lower than last year (23.6%).
Past Earnings Growth Analysis
Earnings Trend: ORSTED has become profitable over the past 5 years, growing earnings by 46.8% per year.
Accelerating Growth: ORSTED's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ORSTED had negative earnings growth (-63.2%) over the past year, making it difficult to compare to the Electric Utilities industry average (7.2%).
Return on Equity
High ROE: ORSTED's Return on Equity (8.1%) is considered low.
How is Ørsted's financial position?
Financial Position Analysis
Short Term Liabilities: ORSTED's short term assets (DKK76.9B) exceed its short term liabilities (DKK38.3B).
Long Term Liabilities: ORSTED's short term assets (DKK76.9B) exceed its long term liabilities (DKK65.0B).
Debt to Equity History and Analysis
Debt Level: ORSTED's debt to equity ratio (41.1%) is considered high.
Reducing Debt: ORSTED's debt to equity ratio has reduced from 59.7% to 41.1% over the past 5 years.
Debt Coverage: ORSTED's debt is well covered by operating cash flow (34.9%).
Interest Coverage: ORSTED's interest payments on its debt are well covered by EBIT (6.9x coverage).
Inventory Level: ORSTED has a high level of physical assets or inventory.
Debt Coverage by Assets: ORSTED's debt is covered by short term assets (assets are 2.1x debt).
What is Ørsted's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORSTED's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.77%).
High Dividend: ORSTED's dividend (1.59%) is low compared to the top 25% of dividend payers in the Danish market (5.63%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ORSTED has been paying a dividend for less than 10 years.
Growing Dividend: ORSTED's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.2%), ORSTED's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORSTED's dividends in 3 years are forecast to be covered by earnings (62.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henrik Poulsen (52yo)
Mr. Henrik Poulsen, M.Sc. has been the President and Chief Executive Officer at Ørsted A/S since August 27, 2012. Mr. Poulsen serves as the Chief Executive Officer and Member of Management Board at DONG En ...
CEO Compensation Analysis
Compensation vs Market: Henrik's total compensation ($USD2.48M) is about average for companies of similar size in the Danish market ($USD3.26M).
Compensation vs Earnings: Henrik's compensation has been consistent with company performance over the past year.
|President & CEO||7.58yrs||ø16.69m||no data|
|Chief Financial Officer||6.42yrs||ø9.29m||no data|
|Head of Head of Investor Relations and Head of Group Treasury & Risk Management||no data||no data||no data|
|Head of Communications||5yrs||no data||no data|
|Executive VP and Executive VP of Onshore Wind||no data||no data||no data|
|Executive VP & Chief Human Resources Officer||0.42yr||no data||no data|
|Executive Vice President of CEO Bioenergy||no data||no data||no data|
|Executive VP & CEO of Customer Solutions||7yrs||no data||no data|
|Senior Vice President of Corporate Strategy & Stakeholder Relations||4.75yrs||no data||no data|
|Head of Aalborg Office||3.92yrs||no data||no data|
Experienced Management: ORSTED's management team is seasoned and experienced (5 years average tenure).
|Independent Director||2yrs||ø505.00k||no data|
|Independent Deputy Chairman||5yrs||ø733.00k||0.00028% DKK775.7k|
|Independent Chairman of the Board||5.58yrs||ø1.11m||0.00013% DKK360.1k|
|Employee Representative Director||6yrs||ø326.00k||0.00020% DKK554.0k|
|Employee Elected Board Member||12.92yrs||ø326.00k||0.00057% DKK1.6m|
|Board Observer||no data||ø75.00k||no data|
|Independent Director||5yrs||ø394.00k||no data|
|Director||no data||ø102.00k||no data|
|Employee Representative Director||9.17yrs||ø326.00k||0.00026% DKK720.3k|
|Board Observer||no data||no data||no data|
Experienced Board: ORSTED's board of directors are considered experienced (5.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ørsted A/S's company bio, employee growth, exchange listings and data sources
- Name: Ørsted A/S
- Ticker: ORSTED
- Exchange: CPSE
- Founded: 1972
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ø277.022b
- Shares outstanding: 419.99m
- Website: https://orsted.com
Number of Employees
- Ørsted A/S
- Kraftværksvej 53 - Skærbæk
- Region of Southern Denmark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|94337054||BDL (Bourse de Luxembourg)||6.25%-FRN SUB 26/06/3013 EUR1000 'NC10'||LU||EUR||Jun 2013|
|A1HL4H||BST (Boerse-Stuttgart)||6.25%-FRN SUB 26/06/3013 EUR1000 'NC10'||DE||EUR||Jun 2013|
|D2GF||DB (Deutsche Boerse AG)||6.25%-FRN SUB 26/06/3013 EUR1000 'NC10'||DE||EUR||Jun 2013|
|ORSTED||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Share Capital||DK||DKK||Jun 2016|
|D2G||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Jun 2016|
|0RHE||LSE (London Stock Exchange)||Yes||Share Capital||GB||DKK||Jun 2016|
|ORSTEC||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||DKK||Jun 2016|
|DOGE.F||OTCPK (Pink Sheets LLC)||Yes||Share Capital||US||USD||Jun 2016|
|ORSTED N||BMV (Bolsa Mexicana de Valores)||Yes||Share Capital||MX||MXN||Jun 2016|
|DNNG.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Aug 2016|
Ørsted A/S, together with its subsidiaries, develops, constructs, and operates offshore wind farms, bioenergy plants, and waste-to-energy solutions. It operates through Offshore, Onshore, and Market & Bioenergy segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Germany, Denmark, the Netherlands, the United States, and Taiwan. The Onshore segment develops, constructs, owns, and operates onshore wind and solar farms in the United States and a storage solution in the United Kingdom. The Market & Bioenergy segment engages in the generation of heat and power from combined heat and power plants in Denmark, sale of power and gas in wholesale and retail markets, and distribution of power in Denmark, as well as optimization and hedging of energy portfolio. The company was formerly known as DONG Energy A/S and changed its name to Ørsted A/S in November 2017. Ørsted A/S was founded in 1972 and is headquartered in Fredericia, Denmark.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 23:46|
|End of Day Share Price||2020/03/27 00:00|
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.