Dampskibsselskabet Norden (LSE:0HDP) - Stock Price, News & Analysis

0HDP Stock Overview

A shipping company, owns and operates dry cargo and tanker vessels worldwide. More details

0HDP fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 71.9% below our estimate of its fair value

Risk Analysis

High level of non-cash earnings

Dividend of 18.38% is not well covered by free cash flows

Profit margins (4.6%) are lower than last year (13.5%)

Dampskibsselskabet Norden A/S Competitors

Irish Continental Group

LSE:ICGC

UK£776.8m

Clarkson

LSE:CKN

UK£1.2b

FirstGroup

LSE:FGP

UK£920.0m

Zigup

LSE:ZIG

UK£841.7m

Price History & Performance

Summary of all time highs, changes and price drops for Dampskibsselskabet Norden
Historical stock prices
Current Share Price	DKK 215.80
52 Week High	DKK 383.20
52 Week Low	DKK 208.40
Beta	0.44
11 Month Change	-11.36%
3 Month Change	-21.90%
1 Year Change	-33.89%
33 Year Change	40.68%
5 Year Change	108.10%
Change since IPO	-55.92%

Recent updates

Shareholder Returns

	0HDP	GB Shipping	GB Market
7D	-0.5%	-3.5%	2.2%
1Y	-33.9%	2.9%	8.8%

Return vs Industry: 0HDP underperformed the UK Shipping industry which returned 6.1% over the past year.

Return vs Market: 0HDP underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is 0HDP's price volatile compared to industry and market?
0HDP volatility
0HDP Average Weekly Movement	4.3%
Shipping Industry Average Movement	4.9%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.2%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0HDP has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0HDP's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1871	479	Jan Rindbo	norden.com

Dampskibsselskabet Norden A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through two segments: Assets & Logistics, and Freight Services & Trading. The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to Freight Services & Trading.

Dampskibsselskabet Norden A/S Fundamentals Summary

How do Dampskibsselskabet Norden's earnings and revenue compare to its market cap?
0HDP fundamental statistics
Market cap	DKK 6.52b
Earnings (TTM)	DKK 1.25b
Revenue (TTM)	DKK 27.39b

5.2x

P/E Ratio

0.2x

P/S Ratio

Is 0HDP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0HDP income statement (TTM)
Revenue	US$3.85b
Cost of Revenue	US$3.34b
Gross Profit	US$510.90m
Other Expenses	US$334.70m
Earnings	US$176.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	5.83
Gross Margin	13.26%
Net Profit Margin	4.57%
Debt/Equity Ratio	16.4%

How did 0HDP perform over the long term?

See historical performance and comparison

Dividends

18.4%

Current Dividend Yield

44%

Payout Ratio

0HDP Stock Overview

Rewards

Risk Analysis

Dampskibsselskabet Norden A/S Competitors

LSE:ICGC

UK£776.8m

LSE:CKN

UK£1.2b

LSE:FGP

UK£920.0m

LSE:ZIG

UK£841.7m

Price History & Performance

Recent News & Updates

New major risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.80 (vs US$2.80 in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$1.50 (vs US$3.10 in 2Q 2023)

Dampskibsselskabet Norden A/S (CPSE:DNORD) announces an Equity Buyback for 1,000,000 shares, for DKK 95 million.

Chief Executive Officer recently bought kr.1.5m worth of stock

First quarter 2024 earnings released: EPS: US$2.00 (vs US$4.50 in 1Q 2023)

Recent updates

New major risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.80 (vs US$2.80 in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$1.50 (vs US$3.10 in 2Q 2023)

Dampskibsselskabet Norden A/S (CPSE:DNORD) announces an Equity Buyback for 1,000,000 shares, for DKK 95 million.

Chief Executive Officer recently bought kr.1.5m worth of stock

First quarter 2024 earnings released: EPS: US$2.00 (vs US$4.50 in 1Q 2023)

High number of new directors

Dampskibsselskabet NORDEN A/S Approves Distribution for the Year 2023

Dampskibsselskabet Norden A/S Announces Board Appointments

Upcoming dividend of kr.10.00 per share

Fourth quarter dividend of kr.10.00 announced

Fourth quarter dividend of kr.10.00 announced

Now 20% overvalued after recent price rise

Full year 2023 earnings released: EPS: US$12.40 (vs US$21.19 in FY 2022)

Dampskibsselskabet Norden A/S Provides Earnings Guidance for the Year 2024

Dampskibsselskabet Norden A/S to Report Q1, 2024 Results on Apr 25, 2024

Investor sentiment deteriorates as stock falls 20%

Third quarter 2023 earnings released: EPS: US$2.80 (vs US$6.90 in 3Q 2022)

Dampskibsselskabet Norden A/S Updates Earnings Guidance for the Year 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$3.10 (vs US$5.13 in 2Q 2022)

Investor sentiment deteriorates as stock falls 19%

Dampskibsselskabet Norden A/S Approves the Payment of Interim Dividends

Less than half of directors are independent

Upcoming dividend of kr.30.00 per share at 17% yield

Full year 2022 earnings released

Dampskibsselskabet Norden A/S Proposes Final Dividend

Dampskibsselskabet Norden A/S Provides Earnings Outlook for the Year 2023

Stephen Kunzer to Resign from Norden's Board of Directors, Effective from 31 January 2023

Dampskibsselskabet Norden A/S Revises Earnings Guidance for the Year 2022

Dampskibsselskabet Norden A/S to Report Q1, 2023 Results on May 03, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$6.90 (vs US$1.73 in 3Q 2021)

Investor sentiment deteriorated over the past week

Dampskibsselskabet Norden A/S Announces Interim Dividend for 2022, Payable on November 09, 2022

Dampskibsselskabet Norden A/S Raises Earnings Guidance for the Full-Year 2022

Second quarter 2022 earnings released: EPS: US$5.13 (vs US$0.84 in 2Q 2021)

Dampskibsselskabet Norden A/S Announces Interim Dividend for 2022, Payable on 23 August 2022

Investor sentiment improved over the past week

Dampskibsselskabet Norden A/S Raises Earnings Guidance for the Full Year 2022

Investor sentiment improved over the past week

Dampskibsselskabet Norden A/S Raises Earnings Guidance for the Full Year 2022

Investor sentiment improved over the past week

Norden Raises Profit Guidance for the Full Year 2022

First quarter 2022 earnings released: EPS: US$3.20 (vs US$0.40 loss in 1Q 2021)

Dampskibsselskabet Norden A/S Announces Management Changes

Less than half of directors are independent

Upcoming dividend of kr.18.00 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Dampskibsselskabet Norden A/S Proposes Dividend

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS US$1.73 (vs US$0.68 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.85 (vs US$0.74 in 2Q 2020)

Investor sentiment improved over the past week

NORDEN Provides Earnings Guidance for the Year 2021

First quarter 2021 earnings released: US$0.40 loss per share (vs US$0.71 profit in 1Q 2020)

Investor sentiment improved over the past week

Upcoming Dividend of kr.9.00 Per Share