Resurs Holding AB (publ), through its subsidiaries, provides payment solutions, consumer loans, and insurance products in Sweden, Denmark, Norway, and Finland.
Undervalued average dividend payer.
Share Price & News
How has Resurs Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0RFP has not had significant price volatility in the past 3 months.
7 Day Return
GB Consumer Finance
1 Year Return
GB Consumer Finance
Return vs Industry: 0RFP exceeded the UK Consumer Finance industry which returned -34.5% over the past year.
Return vs Market: 0RFP underperformed the UK Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Resurs Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Resurs Holding 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: 0RFP (SEK57.83) is trading below our estimate of fair value (SEK85.43)
Significantly Below Fair Value: 0RFP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0RFP is good value based on its PE Ratio (9.5x) compared to the Consumer Finance industry average (12.6x).
PE vs Market: 0RFP is good value based on its PE Ratio (9.5x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0RFP is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 0RFP is overvalued based on its PB Ratio (1.6x) compared to the GB Consumer Finance industry average (1.6x).
How is Resurs Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0RFP's forecast earnings growth (10.7% per year) is above the savings rate (0.5%).
Earnings vs Market: 0RFP's earnings (10.7% per year) are forecast to grow slower than the UK market (13% per year).
High Growth Earnings: 0RFP's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0RFP's revenue (12.9% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: 0RFP's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0RFP's Return on Equity is forecast to be low in 3 years time (19.7%).
How has Resurs Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0RFP has a high level of non-cash earnings.
Growing Profit Margin: 0RFP's current net profit margins (40.3%) are higher than last year (39.4%).
Past Earnings Growth Analysis
Earnings Trend: 0RFP's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: 0RFP's earnings growth over the past year (6.1%) is below its 5-year average (16.4% per year).
Earnings vs Industry: 0RFP earnings growth over the past year (6.1%) underperformed the Consumer Finance industry 9.2%.
Return on Equity
High ROE: 0RFP's Return on Equity (17%) is considered low.
Return on Assets
Return on Capital Employed
How is Resurs Holding'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: 0RFP has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0RFP's debt is not covered by short term assets (assets are 1x debt).
Financial Institutions Analysis
Asset Level: 0RFP's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0RFP has a sufficient allowance for bad loans.
Low Risk Liabilities: 0RFP reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0RFP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0RFP has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0RFP has an appropriate level of bad loans.
What is Resurs Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Resurs Holding before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0RFP's dividend (6.74%) is higher than the bottom 25% of dividend payers in the UK market (1.79%).
High Dividend: 0RFP's dividend (6.74%) is in the top 25% of dividend payers in the UK market (5.09%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 0RFP has been paying a dividend for less than 10 years.
Growing Dividend: 0RFP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.3%), 0RFP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RFP's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kenneth Nilsson (57yo)
Mr. Kenneth Nilsson has been the Chief Executive Officer and President at Resurs Holding AB (publ) since 2012. Mr. Nilsson has been the Chief Executive Officer of Resurs Bank AB (publ) since September 01, ...
CEO Compensation Analysis
Compensation vs Market: Kenneth's total compensation ($USD606.91K) is below average for companies of similar size in the UK market ($USD1.18M).
Compensation vs Earnings: Kenneth's compensation has been consistent with company performance over the past year.
|President & CEO||8.1yrs||kr5.97m||0.25% SEK28.9m|
|Interim CFO & Head of IR||1.1yrs||no data||no data|
|Chief Operating Officer||1.4yrs||no data||0.038% SEK4.4m|
|Chief Information Officer||2.1yrs||no data||no data|
|Chief Marketing Officer||2.9yrs||no data||no data|
|Chief Human Resources Officer||2.8yrs||no data||no data|
|MD of Solid Försäkringar||0yrs||no data||no data|
|Chief Commercial Officer||2.1yrs||no data||no data|
|Investor Relations Officer||0yrs||no data||no data|
Experienced Management: 0RFP's management team is considered experienced (2.1 years average tenure).
|Independent Director||5.1yrs||kr607.00k||0.0042% SEK485.9k|
|Independent Director||8.1yrs||kr795.00k||0.033% SEK3.8m|
|Independent Director||8.1yrs||kr469.00k||0.054% SEK6.3m|
|Independent Director||8.1yrs||kr651.00k||0.0077% SEK895.5k|
|Independent Director||5.1yrs||kr552.00k||0.012% SEK1.4m|
|Independent Director||1.8yrs||kr293.00k||no data|
|Independent Director||0.8yrs||no data||no data|
Experienced Board: 0RFP's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0RFP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Resurs Holding AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Resurs Holding AB (publ)
- Ticker: 0RFP
- Exchange: LSE
- Founded: 1977
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: kr11.570b
- Shares outstanding: 200.00m
- Website: https://www.resursholding.se
Number of Employees
- Resurs Holding AB (publ)
- Ekslingan 9
- Väla North
- Skåne County
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RESURS||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Apr 2016|
|4R6||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Apr 2016|
|0RFP||LSE (London Stock Exchange)||Yes||Share Capital||GB||SEK||Apr 2016|
|RSRS.F||OTCPK (Pink Sheets LLC)||Yes||Share Capital||US||USD||Apr 2016|
|RESURS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||SEK||Apr 2016|
Resurs Holding AB (publ), through its subsidiaries, provides payment solutions, consumer loans, and insurance products in Sweden, Denmark, Norway, and Finland. The company’s payment solutions comprises retail finance, which includes sales-driving finance, and payment and loyalty solutions to chain stores and e-commerce companies; credit cards for retail finance partner; and factoring that focuses on invoice factoring and invoice discounting for small and mid-sized companies increase their liquidity and reduce credit risk. It also offers consumer loans focusing primarily on lending to consumers; and insurance products, such as product, security, motor, and travel. The company was founded in 1977 and is headquartered in Helsingborg, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 23:15|
|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.