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GyldendalOB:GYL Stock Report

Market Cap







26 Sep, 2021


Company Financials
GYL fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance3/6
Financial Health6/6

GYL Overview

Gyldendal ASA, through its subsidiaries publishes and sells books in Norway.

Price History & Performance

Summary of all time highs, changes and price drops for Gyldendal
Historical stock prices
Current Share Pricekr580.00
52 Week Highkr426.00
52 Week Lowkr650.00
1 Month Change-3.33%
3 Month Change4.51%
1 Year Change10.48%
3 Year Change55.08%
5 Year Change132.00%
Change since IPO510.53%

Recent News & Updates

Shareholder Returns

GYLNO Specialty RetailNO Market

Return vs Industry: GYL underperformed the Norwegian Specialty Retail industry which returned 31.7% over the past year.

Return vs Market: GYL underperformed the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is GYL's price volatile compared to industry and market?
GYL volatility
GYL Beta0.44
Industry Beta1.23
Market Beta1

Stable Share Price: GYL is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GYL's weekly volatility (7%) has been stable over the past year.

About the Company

19251,739John Thuv

Gyldendal ASA, through its subsidiaries publishes and sells books in Norway. It also operates 142 bookstores; and, an online bookstore. In addition, it publishes dictionaries, and encyclopedias and other reference books in book and digital forms.

Gyldendal Fundamentals Summary

How do Gyldendal's earnings and revenue compare to its market cap?
GYL fundamental statistics
Market Capkr1.34b
Earnings (TTM)kr71.66m
Revenue (TTM)kr2.43b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GYL income statement (TTM)
Cost of Revenuekr1.14b
Gross Profitkr1.29b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)31.06
Gross Margin53.09%
Net Profit Margin2.95%
Debt/Equity Ratio18.4%

How did GYL perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Gyldendal 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: GYL (NOK580) is trading below our estimate of fair value (NOK749.32)

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

Price To Earnings Ratio

PE vs Industry: GYL is poor value based on its PE Ratio (18.7x) compared to the European Specialty Retail industry average (14.4x).

PE vs Market: GYL is poor value based on its PE Ratio (18.7x) compared to the Norwegian market (13.4x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GYL's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: GYL is good value based on its PB Ratio (1.7x) compared to the XE Specialty Retail industry average (2.2x).

Future Growth

How is Gyldendal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Retail 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 Gyldendal 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.

Past Performance

How has Gyldendal performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GYL has a large one-off gain of NOK30.5M impacting its June 30 2021 financial results.

Growing Profit Margin: GYL's current net profit margins (2.9%) are higher than last year (2.1%).

Past Earnings Growth Analysis

Earnings Trend: GYL's earnings have declined by 0.2% per year over the past 5 years.

Accelerating Growth: GYL's earnings growth over the past year (64%) exceeds its 5-year average (-0.2% per year).

Earnings vs Industry: GYL earnings growth over the past year (64%) exceeded the Specialty Retail industry 47.1%.

Return on Equity

High ROE: GYL's Return on Equity (8.9%) is considered low.

Financial Health

How is Gyldendal's financial position?

Financial Position Analysis

Short Term Liabilities: GYL's short term assets (NOK687.9M) exceed its short term liabilities (NOK636.3M).

Long Term Liabilities: GYL's short term assets (NOK687.9M) exceed its long term liabilities (NOK481.5M).

Debt to Equity History and Analysis

Debt Level: GYL's debt to equity ratio (18.4%) is considered satisfactory.

Reducing Debt: GYL's debt to equity ratio has reduced from 22.8% to 18.4% over the past 5 years.

Debt Coverage: GYL's debt is well covered by operating cash flow (161.7%).

Interest Coverage: GYL's interest payments on its debt are well covered by EBIT (4.5x coverage).

Balance Sheet


What is Gyldendal current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GYL's dividend (1.72%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.84%).

High Dividend: GYL's dividend (1.72%) is low compared to the top 25% of dividend payers in the Norwegian market (5.16%).

Stability and Growth of Payments

Stable Dividend: GYL's dividend payments have been volatile in the past 10 years.

Growing Dividend: GYL's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.2%), GYL's dividend payments are well 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.

Next Steps


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


Average board tenure


John Thuv (51 yo)

no data




Mr. John Tørres Thuv has been Chief Executive Officer of ARK Bokhandel AS since 2007. Mr. Thuv serves as the Chief Executive Officer and Member of The Corporate Management of Gyldendal ASA. He served as C...

CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD554.96K) is about average for companies of similar size in the Norwegian market ($USD544.80K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: GYL's board of directors are considered experienced (7.7 years average tenure).


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.

Ownership Breakdown

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

Top Shareholders

Company Information

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

Key Information

  • Name: Gyldendal ASA
  • Ticker: GYL
  • Exchange: OB
  • Founded: 1925
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: kr1.338b
  • Shares outstanding: 2.31m
  • Website:

Number of Employees


  • Gyldendal ASA
  • Sehestedsgate 4
  • Oslo
  • Oslo
  • 164
  • Norway


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
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.