HLSE:VIK1V

Stock Analysis Report

Executive Summary

Viking Line ABP, together with its subsidiaries, provides passenger and cargo carrier services.

Snowflake

Fundamentals

Mediocre balance sheet with questionable track record.

Risks

  • Viking Line ABP is not covered by any analysts.

Share Price & News

How has Viking Line ABP's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.1%

VIK1V

0.5%

FI Hospitality

-0.07%

FI Market


1 Year Return

32.6%

VIK1V

1.5%

FI Hospitality

-3.6%

FI Market

VIK1V outperformed the Hospitality industry which returned 1.5% over the past year.

VIK1V outperformed the Market in Finland which returned -3.6% over the past year.


Share holder returns

VIK1VIndustryMarket
7 Day1.1%0.5%-0.07%
30 Day-2.7%2.6%4.5%
90 Day1.7%6.0%2.6%
1 Year34.2%32.6%4.9%1.5%0.8%-3.6%
3 Year-12.9%-16.6%17.7%7.0%28.4%13.4%
5 Year38.8%22.4%51.4%27.6%57.2%27.2%

Price Volatility Vs. Market

How volatile is Viking Line ABP's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Viking Line ABP undervalued based on future cash flows and its price relative to the stock market?

22.89x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Viking Line ABP's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Viking Line ABP's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

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

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

Viking Line ABP is good value based on assets compared to the Europe Hospitality industry average.


Next Steps

Future Growth

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

19.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Viking Line ABP is high growth as no revenue estimate data is available.

Viking Line ABP's earnings are expected to grow by 19.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Viking Line ABP's revenue growth to the Finland market average as no estimate data is available.

Viking Line ABP's earnings growth is expected to exceed the Finland market average.

Viking Line ABP's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Viking Line ABP will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Viking Line ABP performed over the past 5 years?

-36.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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 exceeds its 5-year average (48.3% vs -36.2%)

Viking Line ABP's earnings growth has exceeded the Europe Hospitality industry average in the past year (48.3% vs 2.8%).


Return on Equity

Viking Line ABP has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Viking Line ABP used its assets less efficiently than the Europe Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Viking Line ABP's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Viking Line ABP's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Viking Line ABP's level of debt (61.7%) 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 (135.2% vs 61.7% today).

Debt is well covered by operating cash flow (24.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is Viking Line ABP's current dividend yield, its reliability and sustainability?

1.09%

Current Dividend Yield


Dividend Yield and Payments Analysis

Viking Line ABP's pays a lower dividend yield than the bottom 25% of dividend payers in Finland (2.35%).

Viking Line ABP's dividend is below the markets top 25% of dividend payers in Finland (5.09%).

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

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.


Next Steps

Management

What is the CEO of Viking Line ABP's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Jan Hanses (58yo)

5.5yrs

Tenure

€323,291

Compensation

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, 201 ...


CEO Compensation Analysis

Jan's remuneration is lower than average for companies of similar size in Finland.

Jan's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

53yo

Average Age

The tenure for the Viking Line ABP management team is about average.


Board Age and Tenure

14.7yrs

Average Tenure

69yo

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.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jan Hanses (58yo)

    President & CEO

    • Tenure: 5.5yrs
    • Compensation: €323.29k
  • Peter Hellgren (52yo)

    Deputy CEO

    • Tenure: 0yrs
  • Johanna Boijer-Svahnström (54yo)

    Senior Vice President of Corporate Communications & Public Affairs

    • Tenure: 1.7yrs
  • Wilhelm Hård Af Segerstad (55yo)

    Senior Vice President of Shipboard Commercial Operations & Shipboard Staff

    • Tenure: 5.7yrs
  • Ulf Hagström (50yo)

    Senior Vice President of Marine Operations & New buildings

    • Tenure: 0yrs
  • Mats Engblom (42yo)

    Senior Vice President of Finance

    • Tenure: 0.8yrs

Board Members

  • Lars Nordström (76yo)

    Director

    • Tenure: 13.7yrs
    • Compensation: €32.00k
  • Ben Lundqvist (76yo)

    Chairman

    • Tenure: 24.7yrs
    • Compensation: €38.00k
  • Dick Lundqvist (73yo)

    Director

    • Tenure: 19.7yrs
    • Compensation: €31.00k
  • Nils-Erik Eklund (73yo)

    Director

    • Tenure: 22.7yrs
    • Compensation: €32.00k
  • Agneta Karlsson (65yo)

    Director

    • Tenure: 13.7yrs
    • Compensation: €32.00k
  • Erik Grönberg (76yo)

    Director

    • Tenure: 15.7yrs
    • Compensation: €32.00k
  • Stefan Lundqvist (48yo)

    Deputy Director

    • Tenure: 19.7yrs
    • Compensation: €5.00k
  • Johnny Rosenholm (48yo)

    Deputy Director

    • Tenure: 7.4yrs
    • Compensation: €6.00k
  • Ulrica Danielsson (54yo)

    Deputy Director

    • Tenure: 6.4yrs
    • Compensation: €7.00k
  • Peter Wiklöf (53yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: €30.00k

Company Information

Viking Line ABP's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Viking Line ABP
  • Ticker: VIK1V
  • Exchange: HLSE
  • Founded: 1959
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: €197.640m
  • Shares outstanding: 10.80m
  • Website: https://www.vikingline.fi

Number of Employees


Location

  • Viking Line ABP
  • Norragatan 4
  • PO Box 166
  • Mariehamn
  • Åland
  • 22100
  • Finland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VIK1VHLSE (OMX Nordic Exchange Helsinki)YesShare CapitalFIEURJul 1995
0GFYLSE (London Stock Exchange)YesShare CapitalGBEURJul 1995

Biography

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.  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 20:35
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.