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EPR

EuroprisOB:EPR Stock Report

Market Cap

kr9.4b

7D

-4.4%

1Y

27.1%

Updated

26 Sep, 2021

Data

Company Financials +
EPR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health4/6
Dividends3/6

EPR Overview

Europris ASA operates as a discount variety retailer in Norway.

Price History & Performance

Summary of all time highs, changes and price drops for Europris
Historical stock prices
Current Share Pricekr58.65
52 Week Highkr45.44
52 Week Lowkr63.75
Beta0.75
1 Month Change-2.09%
3 Month Change14.33%
1 Year Change27.11%
3 Year Change156.67%
5 Year Change45.17%
Change since IPO36.39%

Recent News & Updates

Shareholder Returns

EPRNO Multiline RetailNO Market
7D-4.4%1.6%1.2%
1Y27.1%40.1%26.4%

Return vs Industry: EPR underperformed the Norwegian Multiline Retail industry which returned 40.1% over the past year.

Return vs Market: EPR matched the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is EPR's price volatile compared to industry and market?
EPR volatility
EPR Beta0.75
Industry Beta1.25
Market Beta1

Stable Share Price: EPR is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
20112,556Espen Eldalhttps://www.europris.no

Europris ASA operates as a discount variety retailer in Norway. The company sells own brand, private-label, and branded merchandise, including personal care, groceries, laundry and cleaning, clothes and shoes, hobby and office, handyman, house and garden, electronics, chocolate and snacks, pet food and accessories, carpets and home textiles, kitchen and storage, and lighting and interior, as well as travel, leisure, and sport related products. As of September 9, 2021, it operated 269 stores in Norway.

Europris Fundamentals Summary

How do Europris's earnings and revenue compare to its market cap?
EPR fundamental statistics
Market Capkr9.44b
Earnings (TTM)kr943.79m
Revenue (TTM)kr8.23b

10.0x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EPR income statement (TTM)
Revenuekr8.23b
Cost of Revenuekr4.55b
Gross Profitkr3.68b
Expenseskr2.74b
Earningskr943.79m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)5.86
Gross Margin44.71%
Net Profit Margin11.46%
Debt/Equity Ratio45.9%

How did EPR perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

38%

Payout Ratio

Valuation

Is Europris undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EPR (NOK58.65) is trading below our estimate of fair value (NOK141.55)

Significantly Below Fair Value: EPR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EPR is good value based on its PE Ratio (10x) compared to the European Multiline Retail industry average (36.5x).

PE vs Market: EPR is good value based on its PE Ratio (10x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: EPR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: EPR is good value based on its PB Ratio (4.4x) compared to the XE Multiline Retail industry average (5.4x).


Future Growth

How is Europris forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-2.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EPR's earnings are forecast to decline over the next 3 years (-2.9% per year).

Earnings vs Market: EPR's earnings are forecast to decline over the next 3 years (-2.9% per year).

High Growth Earnings: EPR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EPR's revenue (3.4% per year) is forecast to grow slower than the Norwegian market (5.6% per year).

High Growth Revenue: EPR's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EPR's Return on Equity is forecast to be high in 3 years time (26.7%)


Past Performance

How has Europris performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EPR has high quality earnings.

Growing Profit Margin: EPR's current net profit margins (11.5%) are higher than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: EPR's earnings have grown by 17.7% per year over the past 5 years.

Accelerating Growth: EPR's earnings growth over the past year (73.5%) exceeds its 5-year average (17.7% per year).

Earnings vs Industry: EPR earnings growth over the past year (73.5%) exceeded the Multiline Retail industry 28.6%.


Return on Equity

High ROE: EPR's Return on Equity (43.6%) is considered outstanding.


Financial Health

How is Europris's financial position?


Financial Position Analysis

Short Term Liabilities: EPR's short term assets (NOK2.1B) exceed its short term liabilities (NOK1.9B).

Long Term Liabilities: EPR's short term assets (NOK2.1B) do not cover its long term liabilities (NOK2.9B).


Debt to Equity History and Analysis

Debt Level: EPR's debt to equity ratio (45.9%) is considered high.

Reducing Debt: EPR's debt to equity ratio has reduced from 115.1% to 45.9% over the past 5 years.

Debt Coverage: EPR's debt is well covered by operating cash flow (146.7%).

Interest Coverage: EPR's interest payments on its debt are well covered by EBIT (13.6x coverage).


Balance Sheet


Dividend

What is Europris's current dividend yield, its reliability and sustainability?

3.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EPR's dividend (3.75%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).

High Dividend: EPR's dividend (3.75%) is low compared to the top 25% of dividend payers in the Norwegian market (5.16%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, EPR has been paying a dividend for less than 10 years.

Growing Dividend: EPR's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.9%), EPR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EPR's dividends in 3 years are forecast to be covered by earnings (57.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Espen Eldal

1.42yrs

Tenure

kr3,317,000

Compensation

Mr. Espen Eldal serves as Chief Executive Officer at Europris ASA since April 29, 2020. He was Acting Chief Executive Officer at Europris ASA since April 01, 2020 until April 29, 2020. He served as Chief F...


CEO Compensation Analysis

Compensation vs Market: Espen's total compensation ($USD385.18K) is below average for companies of similar size in the Norwegian market ($USD658.87K).

Compensation vs Earnings: Espen's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: EPR's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: EPR's board of directors are considered experienced (4.2 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Europris ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Europris ASA
  • Ticker: EPR
  • Exchange: OB
  • Founded: 2011
  • Industry: General Merchandise Stores
  • Sector: Retail
  • Market Cap: kr9.441b
  • Shares outstanding: 160.97m
  • Website: https://www.europris.no

Number of Employees


Location

  • Europris ASA
  • Dikeveien 57
  • Rolvsøy
  • Østfold
  • 1661
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 16:20
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.