Arcus ASA, together with its subsidiaries, imports, produces, markets, sells, and distributes wine and spirits. More Details
Undervalued with excellent balance sheet.
Share Price & News
How has Arcus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARCUS is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ARCUS's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ARCUS exceeded the Norwegian Beverage industry which returned -9.9% over the past year.
Return vs Market: ARCUS exceeded the Norwegian Market which returned -0.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Arcus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDoes Arcus' (OB:ARCUS) Share Price Gain of 25% Match Its Business Performance?
2 months ago | Simply Wall StWill Arcus (OB:ARCUS) Multiply In Value Going Forward?
2 months ago | Simply Wall StHave Insiders Been Buying Arcus ASA (OB:ARCUS) Shares?
Is Arcus 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: ARCUS (NOK43.8) is trading below our estimate of fair value (NOK224.85)
Significantly Below Fair Value: ARCUS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ARCUS is good value based on its PE Ratio (15.2x) compared to the XE Beverage industry average (23.2x).
PE vs Market: ARCUS is good value based on its PE Ratio (15.2x) compared to the Norwegian market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARCUS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARCUS is good value based on its PB Ratio (1.7x) compared to the XE Beverage industry average (2.2x).
How is Arcus forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco 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 Arcus 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.
- Examine whether Arcus is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Arcus competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Arcus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARCUS has a large one-off loss of NOK70.3M impacting its September 30 2020 financial results.
Growing Profit Margin: ARCUS's current net profit margins (6.5%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: ARCUS's earnings have grown significantly by 32.1% per year over the past 5 years.
Accelerating Growth: ARCUS's earnings growth over the past year (43.4%) exceeds its 5-year average (32.1% per year).
Earnings vs Industry: ARCUS earnings growth over the past year (43.4%) exceeded the Beverage industry -5.8%.
Return on Equity
High ROE: ARCUS's Return on Equity (11.5%) is considered low.
How is Arcus's financial position?
Financial Position Analysis
Short Term Liabilities: ARCUS's short term assets (NOK2.3B) exceed its short term liabilities (NOK1.9B).
Long Term Liabilities: ARCUS's short term assets (NOK2.3B) exceed its long term liabilities (NOK2.2B).
Debt to Equity History and Analysis
Debt Level: ARCUS's debt to equity ratio (44%) is considered high.
Reducing Debt: ARCUS's debt to equity ratio has reduced from 117.9% to 44% over the past 5 years.
Debt Coverage: ARCUS's debt is well covered by operating cash flow (71.4%).
Interest Coverage: ARCUS's interest payments on its debt are well covered by EBIT (5.2x coverage).
What is Arcus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARCUS's dividend (3.79%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.31%).
High Dividend: ARCUS's dividend (3.79%) is low compared to the top 25% of dividend payers in the Norwegian market (5.88%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ARCUS has been paying a dividend for less than 10 years.
Growing Dividend: ARCUS's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.4%), ARCUS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kenneth Hamnes (50 yo)
Mr. Kenneth Hamnes has been the Chief Executive Officer of Arcus-Gruppen AS since May 2015. Mr. Hamnes is a Co-Owner of Ekelyveien AS. He has been the Group Chief Executive Officer of Arcus AS since 2015. ...
CEO Compensation Analysis
Compensation vs Market: Kenneth's total compensation ($USD627.75K) is about average for companies of similar size in the Norwegian market ($USD585.04K).
Compensation vs Earnings: Kenneth's compensation has increased by more than 20% in the past year.
|Group Chief Executive Officer||5.33yrs||kr5.54m||no data|
|CFO and Group Director of Finance & IT||4.25yrs||kr3.34m||0.045% |
|Group Director of Communications & IR||7.92yrs||kr2.23m||0.036% |
|Acting Group Director of Human Resources||1.25yrs||kr1.34m||0.016% |
|Chief Executive Officer of Vingruppen i Norden AB (Wine Sweden)||2.83yrs||kr3.19m||0.024% |
|Chief Executive Officer of Vectura AS||1.08yrs||kr343.00k||0.00082% |
|Chief Executive of Vingruppen Oy (Wine Finland)||1yr||kr160.00k||no data|
|Group Director of Group Technical Development & Services - CSR||7.17yrs||kr2.66m||0.038% |
|Group Director of Spirits||8.33yrs||kr3.53m||0.10% |
|Group Director Wine Norway||2.92yrs||kr2.90m||0.038% |
Experienced Management: ARCUS's management team is considered experienced (3.6 years average tenure).
|Deputy Director||1.67yrs||kr107.00k||no data|
|Independent Chairman of the Board||4.33yrs||kr582.00k||0.23% |
|Independent Director||4.33yrs||kr293.00k||0.0027% |
|Director||no data||kr677.00k||0.0024% |
|Independent Director||1.67yrs||kr197.00k||no data|
|Deputy Director||no data||kr16.00k||no data|
|Independent Director||3.92yrs||kr262.00k||no data|
|Independent Director||1.67yrs||kr704.00k||no data|
|Independent Director||1.67yrs||kr330.00k||no data|
|Director||0.50yr||no data||no data|
|Deputy Director||no data||no data||no data|
|Director||0.92yr||no data||no data|
Experienced Board: ARCUS's board of directors are not considered experienced ( 1.7 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Arcus ASA's company bio, employee growth, exchange listings and data sources
- Name: Arcus ASA
- Ticker: ARCUS
- Exchange: OB
- Industry: Distillers and Vintners
- Sector: Food, Beverage & Tobacco
- Market Cap: kr2.979b
- Shares outstanding: 68.02m
- Website: https://www.arcus.no
Number of Employees
- Arcus ASA
- Destilleriveien 11
- Postbox 64
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARCUS||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Dec 2016|
|A48||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2016|
|0RMY||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Dec 2016|
|ARCUSO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Dec 2016|
Arcus ASA, together with its subsidiaries, imports, produces, markets, sells, and distributes wine and spirits. It offers its products under the Lysholm Linie, Løiten Linie, Gammel Opland, Gilde, Aalborg, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 17:22|
|End of Day Share Price||2020/12/02 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.