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Cherry

LSE:0RV7
Snowflake Description

Solid track record with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0RV7
LSE
SEK9B
Market Cap
  1. Home
  2. GB
  3. Consumer Services
Company description

Cherry AB (publ) operates as a gaming company in Sweden. The last earnings update was 14 days ago. More info.


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0RV7 Share Price and Events
7 Day Returns
0%
LSE:0RV7
-0.1%
GB Hospitality
-0.2%
GB Market
1 Year Returns
46.1%
LSE:0RV7
-4.9%
GB Hospitality
-3.4%
GB Market
0RV7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cherry (0RV7) 0% 0.1% - 46.1% - -
GB Hospitality -0.1% 4.5% -0.7% -4.9% 8.4% 24.8%
GB Market -0.2% 3.9% 2.1% -3.4% 16.2% -1.8%
1 Year Return vs Industry and Market
  • 0RV7 outperformed the Hospitality industry which returned -4.9% over the past year.
  • 0RV7 outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.4% over the past year.
Price Volatility
0RV7
Industry
5yr Volatility vs Market

Value

 Is Cherry 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 Cherry 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    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cherry.

LSE:0RV7 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 LSE:0RV7
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.8%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.53
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.528 (1 + (1- 22%) (19.54%))
0.609
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 8.77%)
8.25%

Discounted Cash Flow Calculation for LSE:0RV7 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cherry is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:0RV7 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (SEK, Millions) 817.00 1,110.00 1,309.80 1,532.47 1,777.66
Source Analyst x1 Analyst x1 Est @ 18%, capped from 50.76% Est @ 17%, capped from 50.76% Est @ 16%, capped from 50.76%
Present Value
Discounted (@ 8.25%)
754.77 947.34 1,032.71 1,116.23 1,196.19
Present value of next 5 years cash flows SEK5,047.23
LSE:0RV7 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= SEK1,777.66 × (1 + 1.23%) ÷ (8.25% – 1.23%)
SEK25,639.35
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= SEK25,639.35 ÷ (1 + 8.25%)5
SEK17,252.81
LSE:0RV7 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= SEK5,047.23 + SEK17,252.81
SEK22,300.04
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK22,300.04 / 105.67
SEK210.8
LSE:0RV7 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0RV7 represents 0.99885x of OM:CHER B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99885x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 211.04 x 0.99885
SEK210.80
Value per share (SEK) From above. SEK210.80
Current discount Discount to share price of SEK86.90
= -1 x (SEK86.90 - SEK210.80) / SEK210.80
58.8%

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

Current Discount
Amount off the current price Cherry is available for.
Intrinsic value
>50%
Share price is SEK86.9 vs Future cash flow value of SEK210.8
Current Discount Checks
For Cherry to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cherry's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cherry's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Cherry's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cherry's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0RV7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK4.47
OM:CHER B Share Price ** OM (2019-01-30) in SEK SEK87
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PE Ratio Median Figure of 38 Publicly-Listed Hospitality Companies 17.88x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 813 Publicly-Listed Companies 16.06x

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

** Primary Listing of Cherry.

LSE:0RV7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:CHER B Share Price ÷ EPS (both in SEK)

= 87 ÷ 4.47

19.48x

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

  • Cherry is overvalued based on earnings compared to the GB Hospitality industry average.
  • Cherry is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Cherry's expected growth come at a high price?
Raw Data
LSE:0RV7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
28.8%per year
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PEG Ratio Median Figure of 28 Publicly-Listed Hospitality Companies 1.75x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 577 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

LSE:0RV7 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.48x ÷ 28.8%

0.68x

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

  • Cherry is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Cherry's assets?
Raw Data
LSE:0RV7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK14.21
OM:CHER B Share Price * OM (2019-01-30) in SEK SEK87
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PB Ratio Median Figure of 57 Publicly-Listed Hospitality Companies 1.35x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,362 Publicly-Listed Companies 1.55x
LSE:0RV7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:CHER B Share Price ÷ Book Value per Share (both in SEK)

= 87 ÷ 14.21

6.12x

* Primary Listing of Cherry.

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

  • Cherry is overvalued based on assets compared to the GB Hospitality industry average.
X
Value checks
We assess Cherry'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. Cherry has a total score of 3/6, 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.

Future Performance

 How is Cherry expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
28.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cherry expected to grow at an attractive rate?
  • Cherry's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Cherry's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Cherry's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0RV7 Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0RV7 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 28.8%
LSE:0RV7 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 19%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
LSE:0RV7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0RV7 Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 6,293 1
2020-12-31 4,530 1,133 811 3
2019-12-31 3,914 884 587 3
LSE:0RV7 Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 3,236 731 467
2018-09-30 2,939 644 351
2018-06-30 2,608 403 189
2018-03-31 2,391 243 112
2017-12-31 2,251 65 51
2017-09-30 2,156 223 109
2017-06-30 1,803 139 108
2017-03-31 1,459 139 108
2016-12-31 1,095 164 99
2016-09-30 751 25 45
2016-06-30 691 85 33
2016-03-31 606 82 23

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cherry's earnings are expected to grow significantly at over 20% yearly.
  • Cherry's revenue is expected to grow by 19% yearly, however this is not considered high growth (20% yearly).
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
LSE:0RV7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Cherry Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0RV7 Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 7.73 10.14 5.32 2.00
2019-12-31 5.60 6.85 4.35 2.00
LSE:0RV7 Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 4.47
2018-09-30 3.37
2018-06-30 1.82
2018-03-31 1.12
2017-12-31 0.53
2017-09-30 1.19
2017-06-30 1.26
2017-03-31 1.33
2016-12-31 1.28
2016-09-30 0.61
2016-06-30 0.47
2016-03-31 0.33

*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.
  • Cherry is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Cherry'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Cherry has a total score of 5/6, 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.

Past Performance

  How has Cherry 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 Cherry'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.
  • Cherry has delivered over 20% year on year earnings growth in the past 5 years.
  • Cherry's 1-year earnings growth exceeds its 5-year average (810.5% vs 76.5%)
  • Cherry's earnings growth has exceeded the GB Hospitality industry average in the past year (810.5% vs 10.3%).
Earnings and Revenue History
Cherry'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 Cherry Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0RV7 Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,236.00 467.00 1,436.00
2018-09-30 2,938.77 351.29 353.24
2018-06-30 2,607.77 189.29 268.24
2018-03-31 2,390.77 112.29 176.24
2017-12-31 2,250.77 51.29 171.24
2017-09-30 2,156.40 108.94 638.67
2017-06-30 1,803.40 107.94 463.67
2017-03-31 1,459.40 107.94 286.67
2016-12-31 1,095.40 98.94 70.67
2016-09-30 751.00 44.91 120.85
2016-06-30 691.20 33.11 87.85
2016-03-31 605.90 23.11 53.85
2015-12-31 524.20 -0.89 34.25
2015-09-30 454.01 -24.86 60.59
2015-06-30 385.11 -42.46 43.79
2015-03-31 354.81 -42.46 34.49
2014-12-31 332.51 -38.36 22.19
2014-09-30 309.60 -60.02 52.17
2014-06-30 294.20 -63.52 42.77
2014-03-31 279.40 -65.72 33.07
2013-12-31 266.20 -33.42 20.17
2013-09-30 256.02 -16.59 52.36
2013-06-30 247.12 2.91 39.76
2013-03-31 238.92 19.61 25.66
2012-12-31 231.42 2.21 20.96
2012-09-30 184.64 49.42 101.97
2012-06-30 241.94 48.52 73.77
2012-03-31 298.24 43.02 47.87

*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.
  • Whilst Cherry has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Cherry used its assets more efficiently than the GB Hospitality industry average last year based on Return on Assets.
  • Cherry has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cherry'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.
Cherry has a total score of 5/6, 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.

Health

 How is Cherry'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 Cherry's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cherry is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cherry's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cherry'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.6x 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 Cherry Company Filings, last reported 1 month ago.

LSE:0RV7 Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,707.00 1,796.00 570.00
2018-09-30 1,839.00 1,740.00 584.00
2018-06-30 1,580.00 1,833.00 459.00
2018-03-31 1,330.00 1,779.00 392.00
2017-12-31 1,241.62 1,742.72 298.75
2017-09-30 1,334.00 1,693.00 362.00
2017-06-30 1,835.00 1,782.00 397.00
2017-03-31 824.00 470.00 313.00
2016-12-31 477.14 470.33 305.88
2016-09-30 650.50 473.20 84.70
2016-06-30 228.30 2.10 67.80
2016-03-31 219.00 2.40 61.50
2015-12-31 156.89 12.89 33.82
2015-09-30 159.10 3.10 10.00
2015-06-30 107.40 3.40 24.70
2015-03-31 114.00 3.70 28.90
2014-12-31 94.29 4.05 54.31
2014-09-30 100.50 4.40 47.10
2014-06-30 108.80 4.70 54.80
2014-03-31 167.60 5.00 117.80
2013-12-31 175.77 1.12 68.44
2013-09-30 187.00 1.30 95.40
2013-06-30 200.60 1.50 106.70
2013-03-31 348.80 1.60 262.70
2012-12-31 332.24 1.78 59.06
2012-09-30 317.10 8.60 39.50
2012-06-30 322.30 8.80 26.20
2012-03-31 327.20 15.60 45.30
  • Cherry's level of debt (105.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.7% vs 105.2% today).
  • Debt is well covered by operating cash flow (40.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).
X
Financial health checks
We assess Cherry'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. Cherry 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.

Dividends

 What is Cherry'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
0%
Current annual income from Cherry dividends. Estimated to be 1.51% next year.
If you bought SEK2,000 of Cherry shares you are expected to receive SEK0 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?
  • Unable to evaluate Cherry's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cherry's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
LSE:0RV7 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 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3.1%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 708 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland 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.

LSE:0RV7 Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 3.93 1.00
2019-12-31 0.00 2.00
LSE:0RV7 Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2015-11-10 0.000 0.000
2015-08-25 0.000 0.000
2015-05-12 0.000 0.000
2015-04-30 0.000 0.000
2015-02-18 0.000 0.000
2014-04-17 0.800 12.215
2014-02-18 0.800 11.483
2013-05-03 2.240 45.003
2013-02-19 2.240 32.348
2012-04-27 0.150 2.608
2012-02-21 0.150 3.079
2011-04-26 0.150 3.547
2011-02-22 0.150 2.573

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

  • Unable to perform a dividend volatility check as Cherry has not reported any payouts.
  • Unable to verify if Cherry's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cherry's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cherry has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Cherry's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Cherry afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cherry has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cherry'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
Gunnar Lind
COMPENSATION SEK279,000
AGE 60
TENURE AS CEO 0.8 years
CEO Bio

Mr. Gunnar Lind has been Acting Chief Executive Officer at Cherry AB (publ) since May 24, 2018. Mr. Lind served as the Chief Executive Officer and President of Cherry AB (publ) (formerly Cherryföretagen AB (Publ)) since August 12, 2006. Mr. Lind is Employed at Cherryföretagen AB (Publ) since 2004. He served as Chief Operating Officer and Vice President of Betsson AB, former parent company of Cherryföretagen AB. Mr. Lind serves as Chairman of the Board of Directors at Sleepo AB. He serves as the Chairman of the board at Soundhailer AB, Sleepo AB, Mecomlabs Ltd and Explore Lofsdalen AB. He has been Director of Cherry AB (publ) since May 2013. He holds a Degree in transport and logistics and completed university studies in Economics.

CEO Compensation
  • Gunnar's compensation has increased by more than 20% in the past year.
  • Gunnar's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Cherry management team in years:

1.3
Average Tenure
50.5
Average Age
  • The average tenure for the Cherry management team is less than 2 years, this suggests a new team.
Management Team

Gunnar Lind

TITLE
Acting CEO & Director
COMPENSATION
SEK279K
AGE
60
TENURE
0.8 yrs

Fredrik Burvall

TITLE
Executive Officer
COMPENSATION
SEK2M
AGE
46

Lars Kling

TITLE
Co-Founder

Christine Rankin

TITLE
Chief Financial Officer
AGE
54
TENURE
1.8 yrs

Anders Antonsson

TITLE
IR & Communications Manager
AGE
54
TENURE
1.3 yrs

Lahcene Merzoug

TITLE
Managing Director of ComeOn
TENURE
0.8 yrs

Aron Egfors

TITLE
Chief Executive Officer of Restaurant Casino
AGE
41
TENURE
4.1 yrs

Fredrik Elmqvist

TITLE
Chief Executive Officer of Yggdrasil Gaming
AGE
47

Dario Arruda

TITLE
Chief Executive Officer of XCaliber

Jonas Cederholm

TITLE
Chief Executive Officer of Game Lounge
Board of Directors Tenure

Average tenure and age of the Cherry board of directors in years:

2.9
Average Tenure
54
Average Age
  • The average tenure for the Cherry board of directors is less than 3 years, this suggests a new board.
Board of Directors

Morten Klein

TITLE
Chairman
COMPENSATION
SEK2M
AGE
49
TENURE
2.1 yrs

Gunnar Lind

TITLE
Acting CEO & Director
COMPENSATION
SEK279K
AGE
60
TENURE
5.8 yrs

Rolf Akerlind

TITLE
Director
COMPENSATION
SEK370K
AGE
75
TENURE
1.1 yrs

Jorgen Olsson

TITLE
Employee Representative Director
AGE
42
TENURE
11.8 yrs

Johan Moazed

TITLE
Director
COMPENSATION
SEK279K
AGE
54
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
14. Feb 19 Sell Klein Group AS Company 11. Feb 19 11. Feb 19 -14,431,035 SEK80.00 SEK-1,154,482,836
27. Mar 18 Sell Anders Holmgren Individual 23. Mar 18 23. Mar 18 -240,000 SEK57.00 SEK-13,679,999
27. Mar 18 Buy Anders Holmgren Individual 23. Mar 18 23. Mar 18 240,000 SEK57.00 SEK13,679,999
27. Mar 18 Buy Anders Holmgren Individual 23. Mar 18 23. Mar 18 200,000 SEK59.62 SEK11,924,140
25. Mar 18 Buy Anna Bergius Individual 23. Mar 18 23. Mar 18 2,000 SEK58.05 SEK116,100
23. Mar 18 Buy Claes Ruthberg Individual 23. Mar 18 23. Mar 18 5,000 SEK57.21 SEK286,050
X
Management checks
We assess Cherry'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. Cherry 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.

News

Simply Wall St News

Company Info

Map
Description

Cherry AB (publ) operates as a gaming company in Sweden. The company offers online casino, sports betting, and lotteries online through cherrycasino.com, comeon.com, eurolotto.com, euroslots.com, folkeautomaten.com, getlucky.com, mobilautomaten.com, mobilebet.com, norgesspill.com, sun-maker.com, sunnyplayer.com, suomiautomaatti.com, su-omikasino.com, and sveacasino.com. It also offers performance-based marketing services, as well as creates customer contacts on Internet. In addition, the company develops gaming technology, as well as games for computers, mobiles, and tablets; manages traditional casino games, such as blackjack and roulette at approximately 260 Swedish restaurants, nightclubs, and hotels; and provides event casino services for companies and private individuals. Cherry AB (publ) was founded in 1963 and is headquartered in Stockholm, Sweden. As of February 8, 2019, Cherry AB (publ) was taken private.

Details
Name: Cherry AB (publ)
0RV7
Exchange: LSE
Founded: 1963
SEK9,193,118,262
105,668,026
Website: http://www.cherry.se
Address: Cherry AB (publ)
Stureplan 19,
Stockholm,
111 45,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM CHER B Class B Shares OMX Nordic Exchange Stockholm SE SEK 13. Sep 2006
DB CH0 Class B Shares Deutsche Boerse AG DE EUR 13. Sep 2006
LSE 0RV7 Class B Shares London Stock Exchange GB SEK 13. Sep 2006
Number of employees
Current staff
Staff numbers
1,483
Cherry employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/27 22:56
End of day share price update: 2019/01/30 00:00
Last estimates confirmation: 2019/02/13
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
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.