Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally.
Adequate balance sheet average dividend payer.
Share Price & News
How has Sydbank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0MGE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0MGE exceeded the UK Banks industry which returned -8.4% over the past year.
Return vs Market: 0MGE exceeded the UK Market which returned 6.6% over the past year.
Price Volatility Vs. Market
How volatile is Sydbank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Sydbank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0MGE (DKK161.8) is trading below our estimate of fair value (DKK333.5)
Significantly Below Fair Value: 0MGE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0MGE is poor value based on its PE Ratio (11.9x) compared to the Banks industry average (9.1x).
PE vs Market: 0MGE is good value based on its PE Ratio (11.9x) compared to the UK market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: 0MGE is poor value based on its PEG Ratio (69.4x)
Price to Book Ratio
PB vs Industry: 0MGE is overvalued based on its PB Ratio (0.8x) compared to the GB Banks industry average (0.6x).
How is Sydbank forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0MGE's forecast earnings growth (0.2% per year) is below the savings rate (0.5%).
Earnings vs Market: 0MGE's earnings (0.2% per year) are forecast to grow slower than the UK market (13.1% per year).
High Growth Earnings: 0MGE's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0MGE's revenue (1.9% per year) is forecast to grow slower than the UK market (3.5% per year).
High Growth Revenue: 0MGE's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0MGE's Return on Equity is forecast to be low in 3 years time (7.6%).
How has Sydbank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0MGE has high quality earnings.
Growing Profit Margin: 0MGE's current net profit margins (21.3%) are lower than last year (29.5%).
Past Earnings Growth Analysis
Earnings Trend: 0MGE's earnings have grown by 2.6% per year over the past 5 years.
Accelerating Growth: 0MGE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0MGE had negative earnings growth (-35.2%) over the past year, making it difficult to compare to the Banks industry average (28.3%).
Return on Equity
High ROE: 0MGE's Return on Equity (7.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Sydbank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0MGE has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0MGE's debt is covered by short term assets (assets are 2x debt).
Financial Institutions Analysis
Asset Level: 0MGE's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0MGE has a low allowance for bad loans.
Low Risk Liabilities: 0MGE's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0MGE has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0MGE's loans are broadly funded by customer deposits.
Level of Bad Loans: 0MGE has a high level of bad loans (4.5%)
What is Sydbank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0MGE's dividend (5.78%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).
High Dividend: 0MGE's dividend (5.78%) is in the top 25% of dividend payers in the UK market (5.12%)
Stability and Growth of Payments
Stable Dividend: 0MGE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0MGE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.9%), 0MGE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0MGE's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Karen Frøsig (61yo)
Ms. Karen Frøsig serves as Chief Executive Officer at Sydbank A/S. She served as President of Sydbank A/S since June 1, 2010 until October 2019 and also served as Managing Director. She also served as the ...
CEO Compensation Analysis
Compensation vs Market: Karen's total compensation ($USD982.33K) is below average for companies of similar size in the UK market ($USD1.82M).
Compensation vs Earnings: Karen's compensation has been consistent with company performance over the past year.
|Chairman & MD||0.4yrs||ø440.00k||0.0034% DKK323.8k|
|Vice-Chairman of Board & MD||0.4yrs||ø461.00k||0.00013% DKK12.5k|
|Member of Advisory Board||0yrs||no data||no data|
|Independent Director||3.9yrs||ø460.00k||0.00016% DKK15.4k|
|Independent Director||1.9yrs||ø256.00k||0.00071% DKK68.2k|
|Independent Director||0.3yrs||no data||no data|
Experienced Board: 0MGE's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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.
Sydbank A/S's company bio, employee growth, exchange listings and data sources
- Name: Sydbank A/S
- Ticker: 0MGE
- Exchange: LSE
- Founded: 1970
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ø9.607b
- Shares outstanding: 59.31m
- Website: https://www.sydbank.com
Number of Employees
- Sydbank A/S
- Peberlyk 4
- PO Box 1038
- Region of Southern Denmark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SYDB||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Share Capital||DK||DKK||Jan 1992|
|TM2||BST (Boerse-Stuttgart)||Yes||Share Capital||DE||EUR||Jan 1992|
|TM2||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Jan 1992|
|0MGE||LSE (London Stock Exchange)||Yes||Share Capital||GB||DKK||Jan 1992|
|SYAN.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Oct 2008|
Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate and retail customers in Denmark and internationally. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. It offers various deposits, and loans and advances; and corporate banking services, including financing solutions and advisory services; and international commercial banking services, such as payment services and cash management solutions. The company also provides private banking products and services, such as advice related to pensions, investments, and various financial issues; personal and individual advisory services; and payment cards, and insurance and investment products, as well as related services. In addition, it offers advisory and asset management services for investment funds, pooled pension plans, foundations, and institutional and wealthy clients; and advice and quotes prices as regards bonds, shares, and foreign exchange, as well as undertakes market-making obligations for institutional clients, central banks, asset managers, foreign clients, and banks. Further, the company is involved in the macro, equity, and fixed income research activities. Additionally, it deals in government and mortgage bonds; and provides online and digital solutions. The company offers its services through 62 branches in Denmark and 3 branches in Germany. Sydbank A/S was founded in 1970 and is headquartered in Aabenraa, Denmark.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 21:30|
|End of Day Share Price||2020/02/20 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.