HLSE:VIK1V

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Overvalued with worrying balance sheet.

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

Stable Share Price: VIK1V has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.0%

VIK1V

4.4%

FI Hospitality

-0.1%

FI Market


1 Year Return

-11.7%

VIK1V

-22.0%

FI Hospitality

4.8%

FI Market

Return vs Industry: VIK1V exceeded the Finnish Hospitality industry which returned -21.7% over the past year.

Return vs Market: VIK1V underperformed the Finnish Market which returned 3.7% over the past year.


Shareholder returns

VIK1VIndustryMarket
7 Day-3.0%4.4%-0.1%
30 Day-0.6%-2.9%-0.2%
90 Day-3.0%4.2%10.7%
1 Year-11.7%-11.7%-20.0%-22.0%13.9%4.8%
3 Year-14.1%-16.2%-15.0%-22.1%20.5%-0.5%
5 Year-0.6%-8.9%1.6%-12.9%59.9%26.1%

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 compared to its fair value and its price relative to the market?

0.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VIK1V's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VIK1V's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: VIK1V is unprofitable, so we can't compare its PE Ratio to the XE Hospitality industry average.

PE vs Market: VIK1V is unprofitable, so we can't compare its PE Ratio to the Finnish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VIK1V's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VIK1V is good value based on its PB Ratio (0.8x) compared to the XE Hospitality industry average (1.2x).


Next Steps

Future Growth

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

56.0%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Viking Line ABP has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

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

-43.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIK1V is currently unprofitable.

Growing Profit Margin: VIK1V is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VIK1V is unprofitable, and losses have increased over the past 5 years at a rate of 43.2% per year.

Accelerating Growth: Unable to compare VIK1V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VIK1V is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-16.8%).


Return on Equity

High ROE: VIK1V has a negative Return on Equity (-1.99%), as it is currently unprofitable.


Next Steps

Financial Health

How is Viking Line ABP's financial position?


Financial Position Analysis

Short Term Liabilities: VIK1V's short term assets (€74.2M) do not cover its short term liabilities (€102.8M).

Long Term Liabilities: VIK1V's short term assets (€74.2M) do not cover its long term liabilities (€123.7M).


Debt to Equity History and Analysis

Debt Level: VIK1V's debt to equity ratio (57.5%) is considered high.

Reducing Debt: VIK1V's debt to equity ratio has reduced from 102.4% to 57.5% over the past 5 years.

Debt Coverage: VIK1V's debt is not well covered by operating cash flow (6.9%).

Interest Coverage: Insufficient data to determine if VIK1V's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VIK1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VIK1V's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VIK1V's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VIK1V's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: VIK1V is not paying a notable dividend for the Finnish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VIK1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

Jan Hanses (59 yo)

6.5yrs

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

Compensation vs Market: Jan's total compensation ($USD0.00) is below average for companies of similar size in the Finnish market ($USD608.39K).

Compensation vs Earnings: Jan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jan Hanses
President & CEO6.5yrs€323.29k0.037%
€ 64.4k
Mats Engblom
Senior Vice President of Finance1.83yrsno data0.0054%
€ 9.3k
Johanna Boijer-Svahnström
Senior Vice President of Corporate Communications & Public Affairs2.67yrsno data0.0047%
€ 8.1k
Peter Hellgren
Deputy CEOno datano data0.0093%
€ 15.9k
Wilhelm Hård Af Segerstad
Senior Vice President of Shipboard Commercial Operations & Shipboard Staff6.67yrsno datano data
Ulf Hagström
Senior Vice President of Marine Operations & New buildingsno datano data0.014%
€ 23.9k

4.6yrs

Average Tenure

54yo

Average Age

Experienced Management: VIK1V's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lars Nordström
Independent Director14.67yrs€33.00kno data
Ben Lundqvist
Independent Chairman25.67yrs€40.00k3.74%
€ 6.4m
Nils-Erik Eklund
Independent Director23.67yrs€34.00k3.55%
€ 6.1m
Erik Grönberg
Deputy Member0.33yr€34.00k0.76%
€ 1.3m
Stefan Lundqvist
Director0.33yr€7.00k1.05%
€ 1.8m
Ulrica Danielsson
Deputy Director7.42yrs€6.00kno data
Peter Wiklöf
Independent Director3.42yrs€33.00kno data
Jakob Johansson
Director0.33yrno datano data
Laura Tarkka
Director0.33yrno datano data
Casper Lundqvist
Deputy Director0.33yrno datano data

1.9yrs

Average Tenure

74yo

Average Age

Experienced Board: VIK1V's board of directors are not considered experienced ( 1.9 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

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: €171.720m
  • 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
VIK1VHBATS-CHIXE (BATS 'Chi-X Europe')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 Analysis2020/09/29 21:38
End of Day Share Price2020/09/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.