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Viking Line ABP

HLSE:VIK1V
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VIK1V
HLSE
€200M
Market Cap
  1. Home
  2. FI
  3. Consumer Services
Company description

Viking Line ABP, together with its subsidiaries, provides passenger and cargo carrier services. The last earnings update was 82 days ago. More info.


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VIK1V Share Price and Events
7 Day Returns
2.8%
HLSE:VIK1V
0.8%
Europe Hospitality
-0.1%
FI Market
1 Year Returns
18.6%
HLSE:VIK1V
-5.9%
Europe Hospitality
-3.3%
FI Market
VIK1V Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Viking Line ABP (VIK1V) 2.8% 12.1% 15.6% 18.6% -15.9% 12.8%
Europe Hospitality 0.8% 0.8% 2.3% -5.9% 8.9% 29.7%
FI Market -0.1% 1.7% -2.5% -3.3% 17.3% 27.8%
1 Year Return vs Industry and Market
  • VIK1V outperformed the Hospitality industry which returned -5.9% over the past year.
  • VIK1V outperformed the Market in Finland which returned -3.3% over the past year.
Price Volatility
VIK1V
Industry
5yr Volatility vs Market

VIK1V Value

 Is Viking Line ABP 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 Viking Line ABP 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 Viking Line ABP.

HLSE:VIK1V 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 9.1%
Perpetual Growth Rate 10-Year FI Government Bond Rate 0.5%

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 HLSE:VIK1V
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FI Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.926 (1 + (1- 20%) (73.17%))
1.314
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.31
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.314 * 6.51%)
9.09%

Discounted Cash Flow Calculation for HLSE:VIK1V using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Viking Line ABP 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.

HLSE:VIK1V DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.09%)
2020 10.71 Est @ 4.69% 9.82
2021 11.08 Est @ 3.44% 9.31
2022 11.37 Est @ 2.57% 8.76
2023 11.59 Est @ 1.96% 8.18
2024 11.77 Est @ 1.54% 7.62
2025 11.92 Est @ 1.24% 7.07
2026 12.04 Est @ 1.03% 6.55
2027 12.14 Est @ 0.88% 6.05
2028 12.24 Est @ 0.78% 5.59
2029 12.32 Est @ 0.71% 5.16
Present value of next 10 years cash flows €74.12
HLSE:VIK1V DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €12.32 × (1 + 0.54%) ÷ (9.09% – 0.54%)
€144.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €144.91 ÷ (1 + 9.09%)10
€60.70
HLSE:VIK1V Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €74.12 + €60.70
€134.82
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €134.82 / 10.80
€12.48
HLSE:VIK1V Discount to Share Price
Calculation Result
Value per share (EUR) From above. €12.48
Current discount Discount to share price of €18.50
= -1 x (€18.50 - €12.48) / €12.48
-48.2%

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

  • The current share price of Viking Line ABP is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Viking Line ABP's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Viking Line ABP's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HLSE:VIK1V PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.56
HLSE:VIK1V Share Price ** HLSE (2019-07-16) in EUR €18.5
Europe Hospitality Industry PE Ratio Median Figure of 105 Publicly-Listed Hospitality Companies 19.88x
Finland Market PE Ratio Median Figure of 107 Publicly-Listed Companies 20.29x

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

** Primary Listing of Viking Line ABP.

HLSE:VIK1V PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= HLSE:VIK1V Share Price ÷ EPS (both in EUR)

= 18.5 ÷ 0.56

32.78x

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

  • Viking Line ABP is overvalued based on earnings compared to the Europe Hospitality industry average.
  • Viking Line ABP is overvalued based on earnings compared to the Finland market.
Price based on expected Growth
Does Viking Line ABP's expected growth come at a high price?
Raw Data
HLSE:VIK1V PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 32.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
24.1%per year
Europe Hospitality Industry PEG Ratio Median Figure of 72 Publicly-Listed Hospitality Companies 1.47x
Finland Market PEG Ratio Median Figure of 91 Publicly-Listed Companies 1.77x

*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 Viking Line ABP, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Viking Line ABP's assets?
Raw Data
HLSE:VIK1V PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €20.21
HLSE:VIK1V Share Price * HLSE (2019-07-16) in EUR €18.5
Europe Hospitality Industry PB Ratio Median Figure of 153 Publicly-Listed Hospitality Companies 1.55x
Finland Market PB Ratio Median Figure of 142 Publicly-Listed Companies 2x
HLSE:VIK1V PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= HLSE:VIK1V Share Price ÷ Book Value per Share (both in EUR)

= 18.5 ÷ 20.21

0.92x

* Primary Listing of Viking Line ABP.

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

  • Viking Line ABP is good value based on assets compared to the Europe Hospitality industry average.
X
Value checks
We assess Viking Line ABP'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Viking Line ABP has a total score of 1/6, 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.

VIK1V Future Performance

 How is Viking Line ABP expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Viking Line ABP, 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
24.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Viking Line ABP expected to grow at an attractive rate?
  • Viking Line ABP's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Viking Line ABP's earnings growth is expected to exceed the Finland market average.
  • Unable to compare Viking Line ABP's revenue growth to the Finland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
HLSE:VIK1V Future Growth Rates Data Sources
Data Point Source Value (per year)
HLSE:VIK1V Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 24.1%
Europe Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 14.9%
Europe Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Finland Market Earnings Growth Rate Market Cap Weighted Average 13.7%
Finland Market Revenue Growth Rate Market Cap Weighted Average 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
Raw Data
HLSE:VIK1V 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 EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HLSE:VIK1V Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 493 6
2018-12-31 498 33 6
2018-09-30 509 6
2018-06-30 513 34 6
2018-03-31 513 8
2017-12-31 514 32 5
2017-09-30 513 2
2017-06-30 516 30 5
2017-03-31 513 3
2016-12-31 520 29 8
2016-09-30 527 37 12
2016-06-30 531 51 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Viking Line ABP's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Viking Line ABP 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
HLSE:VIK1V 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 Viking Line ABP Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:VIK1V Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.56
2018-12-31 0.51
2018-09-30 0.59
2018-06-30 0.54
2018-03-31 0.70
2017-12-31 0.49
2017-09-30 0.19
2017-06-30 0.43
2017-03-31 0.32
2016-12-31 0.74
2016-09-30 1.13
2016-06-30 1.43

*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 Viking Line ABP will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Viking Line ABP'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.
Viking Line ABP 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.

VIK1V Past Performance

  How has Viking Line ABP 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 Viking Line ABP's growth in the last year to its industry (Hospitality).
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.
  • Viking Line ABP's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Viking Line ABP's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Viking Line ABP's 1-year earnings growth is negative, it can't be compared to the Europe Hospitality industry average.
Earnings and Revenue History
Viking Line ABP'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 Viking Line ABP Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HLSE:VIK1V Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 493.40 6.10
2018-12-31 497.90 5.50
2018-09-30 509.10 6.30
2018-06-30 513.30 5.80
2018-03-31 513.20 7.50
2017-12-31 514.00 5.30
2017-09-30 512.70 2.10
2017-06-30 515.70 4.60
2017-03-31 512.70 3.40
2016-12-31 519.90 8.00
2016-09-30 526.60 12.20
2016-06-30 531.20 15.50
2016-03-31 534.00 16.40
2015-12-31 530.70 18.70
2015-09-30 530.00 44.30
2015-06-30 525.90 39.10
2015-03-31 529.40 38.00
2014-12-31 527.70 30.60
2014-09-30 531.10 9.30
2014-06-30 535.40 11.40
2014-03-31 538.10 27.60
2013-12-31 549.70 27.50
2013-09-30 546.40 19.90
2013-06-30 538.40 17.00
2013-03-31 530.00 0.30
2012-12-31 516.20 0.90
2012-09-30 512.10 3.00

*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.
  • Viking Line ABP has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Viking Line ABP used its assets less efficiently than the Europe Hospitality industry average last year based on Return on Assets.
  • Viking Line ABP's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Viking Line ABP'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 Hospitality 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.
Viking Line ABP has a total score of 0/6, 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.

VIK1V Health

 How is Viking Line ABP'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 Viking Line ABP's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Viking Line ABP's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Viking Line ABP's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Viking Line ABP'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 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.
Raw Data

All data from Viking Line ABP Company Filings, last reported 3 months ago.

HLSE:VIK1V Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 218.10 139.50 36.20
2018-12-31 230.70 127.00 61.80
2018-09-30 225.80 131.30 57.00
2018-06-30 209.00 138.80 56.70
2018-03-31 210.30 143.10 43.40
2017-12-31 224.10 150.50 68.00
2017-09-30 222.30 154.80 63.90
2017-06-30 206.20 162.30 80.00
2017-03-31 207.90 166.60 62.00
2016-12-31 222.90 174.20 94.90
2016-09-30 224.30 174.10 86.10
2016-06-30 206.10 181.60 84.30
2016-03-31 215.10 181.50 74.90
2015-12-31 225.70 197.50 110.70
2015-09-30 221.80 197.50 93.50
2015-06-30 199.50 205.00 75.90
2015-03-31 206.50 205.00 68.20
2014-12-31 213.30 221.00 101.10
2014-09-30 185.60 221.10 81.90
2014-06-30 168.90 228.60 80.60
2014-03-31 173.30 228.80 60.40
2013-12-31 189.00 236.30 96.10
2013-09-30 182.40 244.90 88.90
2013-06-30 163.50 256.50 82.50
2013-03-31 146.20 260.80 41.70
2012-12-31 162.00 81.80 45.30
2012-09-30 162.80 86.10 41.80
  • Viking Line ABP's level of debt (64%) 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 (132.1% vs 64% today).
  • Debt is well covered by operating cash flow (23.7%, greater than 20% of total debt).
  • Viking Line ABP earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Viking Line ABP'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. Viking Line ABP has a total score of 3/6, 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.

VIK1V Dividends

 What is Viking Line ABP'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
1.08%
Current annual income from Viking Line ABP dividends.
If you bought €2,000 of Viking Line ABP shares you are expected to receive €22 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?
  • Viking Line ABP's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.25%).
  • Viking Line ABP's dividend is below the markets top 25% of dividend payers in Finland (5.15%).
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
HLSE:VIK1V 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 Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 83 Stocks 3.3%
Finland Market Average Dividend Yield Market Cap Weighted Average of 100 Stocks 4.3%
Finland Minimum Threshold Dividend Yield 10th Percentile 1.4%
Finland Bottom 25% Dividend Yield 25th Percentile 2.3%
Finland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

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

HLSE:VIK1V Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-01 0.200 1.213
2018-03-27 0.200 1.350
2017-03-24 0.400 2.186
2016-04-20 0.950 4.438
2015-03-12 0.700 3.769
2015-02-19 0.700 3.733
2014-04-16 0.500 3.134
2013-11-14 0.000 0.000
2013-08-15 0.000 0.000
2013-05-15 0.000 0.000
2013-02-18 0.000 0.000
2012-03-09 0.500 2.751
2012-02-16 0.500 2.408
2011-02-17 0.650 2.599
2009-11-17 0.700 2.094
2009-11-02 0.700 2.101
2008-11-17 1.000 3.199
2008-10-31 1.000 3.022

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

  • Viking Line ABP is not paying a notable dividend for Finland, therefore no need to check if the payments are stable.
  • Viking Line ABP is not paying a notable dividend for Finland, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Viking Line ABP's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Viking Line ABP's dividends as it is not paying a notable one for Finland.
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 Viking Line ABP's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - 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 Viking Line ABP afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Viking Line ABP 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.

VIK1V Management

 What is the CEO of Viking Line ABP'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
Jan Hanses
COMPENSATION €323,291
AGE 58
TENURE AS CEO 5.3 years
CEO Bio

Mr. Jan Hanses has been the Chief Executive Officer and President of Viking Line ABP since March 20, 2014. Mr. Hanses served as Deputy Chief Executive of Viking Line ABP from November 2008 to March 20, 2014. He served as Executive Vice President of Viking Line ABP from 2005 to March 20, 2014 and also served as its General Counsel and Head of Human Resources until March 20, 2014. He served as Deputy Managing Director of Viking Line ABP since 2005 and also served as its Human Resources and Legal Affairs Director. Mr. Hanses joined Viking Line ABP in 1988. He studied Master of Laws (LL.M).

CEO Compensation
  • Jan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jan's remuneration is lower than average for companies of similar size in Finland.
Management Team Tenure

Average tenure and age of the Viking Line ABP management team in years:

3.4
Average Tenure
53
Average Age
  • The tenure for the Viking Line ABP management team is about average.
Management Team

Jan Hanses

TITLE
President & CEO
COMPENSATION
€323K
AGE
58
TENURE
5.3 yrs

Mats Engblom

TITLE
Senior Vice President of Finance
AGE
42
TENURE
0.7 yrs

Johanna Boijer-Svahnström

TITLE
Senior Vice President of Corporate Communications & Public Affairs
AGE
54
TENURE
1.5 yrs

Peter Hellgren

TITLE
Deputy CEO
AGE
52

Wilhelm Hård Af Segerstad

TITLE
Senior Vice President of Shipboard Commercial Operations & Shipboard Staff
AGE
55
TENURE
5.5 yrs

Ulf Hagström

TITLE
Senior Vice President of Marine Operations & New buildings
AGE
50
Board of Directors Tenure

Average tenure and age of the Viking Line ABP board of directors in years:

14.5
Average Tenure
69
Average Age
  • The average tenure for the Viking Line ABP board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ben Lundqvist

TITLE
Chairman
COMPENSATION
€38K
AGE
76
TENURE
24.5 yrs

Dick Lundqvist

TITLE
Director
COMPENSATION
€31K
AGE
73
TENURE
19.5 yrs

Nils-Erik Eklund

TITLE
Director
COMPENSATION
€32K
AGE
73
TENURE
22.5 yrs

Erik Grönberg

TITLE
Director
COMPENSATION
€32K
AGE
76
TENURE
15.5 yrs

Agneta Karlsson

TITLE
Director
COMPENSATION
€32K
AGE
65
TENURE
13.5 yrs

Lars Nordström

TITLE
Director
COMPENSATION
€32K
AGE
76
TENURE
13.5 yrs

Peter Wiklöf

TITLE
Director
COMPENSATION
€30K
AGE
53
TENURE
2.3 yrs

Stefan Lundqvist

TITLE
Deputy Director
COMPENSATION
€5K
AGE
48
TENURE
19.5 yrs

Johnny Rosenholm

TITLE
Deputy Director
COMPENSATION
€6K
AGE
48
TENURE
7.3 yrs

Ulrica Danielsson

TITLE
Deputy Director
COMPENSATION
€7K
AGE
54
TENURE
6.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Viking Line ABP'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. Viking Line ABP 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.

VIK1V News

Simply Wall St News

Here's What Viking Line ABP's (HEL:VIK1V) P/E Is Telling Us

The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Viking Line ABP: P/E of 30.13 = €17 ÷ €0.56 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … How Does Viking Line ABP's P/E Ratio Compare To Its Peers? … How Does Viking Line ABP's Debt Impact Its P/E Ratio?

Simply Wall St -

Interested In Viking Line ABP (HEL:VIK1V)? Here's How It Performed Recently

Below, I will assess Viking Line ABP's (HEL:VIK1V) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … Furthermore, its return on assets (ROA) of 1.2% is below the FI Hospitality industry of 5.4%, indicating Viking Line ABP's are utilized less efficiently. … I recommend you continue to research Viking Line ABP to get a better picture of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for VIK1V’s future growth?

Simply Wall St -

A Look At The Fair Value Of Viking Line ABP (HEL:VIK1V)

I will be using the Discounted Cash Flow (DCF) model. … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. … View our latest analysis for Viking Line ABP

Simply Wall St -

Why Viking Line ABP’s (HEL:VIK1V) Use Of Investor Capital Doesn’t Look Great

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Interested In Viking Line ABP (HEL:VIK1V)? Here's What Its Recent Performance Looks Like

Investors with a long-term horizong may find it valuable to assess Viking Line ABP's (HEL:VIK1V) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … Check out our latest analysis for Viking Line ABP? … VIK1V's trailing twelve-month earnings (from 31 December 2018) of €5.5m has.

Simply Wall St -

Should We Worry About Viking Line ABP's (HEL:VIK1V) P/E Ratio?

We'll look at Viking Line ABP's (HEL:VIK1V) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, Viking Line ABP's P/E ratio is 31.37. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Is Viking Line ABP (HEL:VIK1V) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Viking Line ABP (HEL:VIK1V), with a market cap of €164m. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

What Kind Of Shareholders Own Viking Line ABP (HEL:VIK1V)?

So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Viking Line ABP is a smaller company with a market capitalization of €162m, so it may still be flying under the radar of many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Is Viking Line ABP (HEL:VIK1V) Overpaying Its CEO?

Jan Hanses has been the CEO of Viking Line ABP (HEL:VIK1V) since 2014. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Jan Hanses's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Is Viking Line ABP (HEL:VIK1V) Struggling With Its 3.0% Return On Capital Employed?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

VIK1V Company Info

Description

Viking Line ABP, together with its subsidiaries, provides passenger and cargo carrier services. The company offers its services using seven vessels between Finland, Sweden, and Estonia; and owns 13 buses. It also provides cargo shipment and freight forwarding services. The company also has operations in other Baltic countries, Poland, Denmark, Norway, and Russia. Viking Line ABP was founded in 1959 and is headquartered in Mariehamn, Finland.

Details
Name: Viking Line ABP
VIK1V
Exchange: HLSE
Founded: 1959
€199,800,000
10,800,000
Website: http://www.vikingline.fi
Address: Viking Line ABP
Norragatan 4,
PO Box 166,
Mariehamn,
Åland, 22100,
Finland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HLSE VIK1V Share Capital OMX Nordic Exchange Helsinki FI EUR 11. Jul 1995
LSE 0GFY Share Capital London Stock Exchange GB EUR 11. Jul 1995
Number of employees
Current staff
Staff numbers
2,502
Viking Line ABP employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 20:37
End of day share price update: 2019/07/16 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2019/03/31
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.