OB:TRE

Stock Analysis Report

Executive Summary

Treasure ASA, through its 12.04% interest in Hyundai Glovis Co.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • Treasure is not covered by any analysts.

Share Price & News

How has Treasure's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.9%

OB:TRE

1.9%

NO Logistics

3.1%

NO Market


1 Year Return

2.3%

OB:TRE

-10.2%

NO Logistics

-14.0%

NO Market

TRE outperformed the Logistics industry which returned -9.9% over the past year.

TRE outperformed the Market in Norway which returned -14.2% over the past year.


Share holder returns

TREIndustryMarket
7 Day3.9%1.9%3.1%
30 Day-2.2%-3.4%-4.0%
90 Day2.7%2.2%-4.8%
1 Year4.8%2.3%-6.7%-10.2%-9.1%-14.0%
3 Year-11.9%-20.2%6.1%-4.2%39.5%21.0%
5 Yearn/a14.2%-1.8%38.7%7.1%

Price Volatility Vs. Market

How volatile is Treasure's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Treasure undervalued based on future cash flows and its price relative to the stock market?

1.91x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Treasure's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Treasure's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Treasure is good value based on earnings compared to the Europe Logistics industry average.

Treasure is good value based on earnings compared to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Treasure, we can't assess if its growth is good value.


Price Based on Value of Assets

Treasure is good value based on assets compared to the Europe Logistics industry average.


Next Steps

Future Growth

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

11.9%

Forecasted Transportation 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 Treasure 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.


Next Steps

  • Examine whether Treasure 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.
  • Treasure competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Transportation industry.

Past Performance

How has Treasure performed over the past 5 years?

5.2%

Last years revenue growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if Treasure's year on year earnings growth rate was positive over the past 5 years.

Treasure has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Treasure has become profitable in the last year making it difficult to compare the Europe Logistics industry average.


Return on Equity

Treasure has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Treasure used its assets more efficiently than the Europe Logistics industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Treasure improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Treasure's financial position?


Financial Position Analysis

Treasure is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Treasure has no long term commitments.


Debt to Equity History and Analysis

Treasure has no debt.

Treasure has not taken on any debt in the past 5 years.

Treasure has no debt, it does not need to be covered by operating cash flow.

Treasure has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Treasure has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

2.23%

Current Dividend Yield


Dividend Yield and Payments Analysis

Treasure's pays a lower dividend yield than the bottom 25% of dividend payers in Norway (2.72%).

Treasure's dividend is below the markets top 25% of dividend payers in Norway (6.39%).

Whilst dividend payments have been stable, Treasure has been paying a dividend for less than 10 years.

Treasure has only been paying a dividend for 2 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (22.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Treasure's salary, the management and board of directors tenure and is there insider trading?


CEO

Magnus Sande 0

0.0yrs

Tenure

0

Mr. Magnus Sande serves as the Chief Executive Officer of Treasure ASA. 


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Magnus Sande

    Chief Executive Officer

    • Tenure: 0.0yrs
  • Morten Lertrø

    Chief financial officer

    • Tenure: 0.0yrs

Board Members

  • Christian Berg (50yo)

    Director

    • Tenure: 0.0yrs
  • Marianne Lie (57yo)

    Director

    • Tenure: 0.0yrs
  • Tom Wilhelmsen (45yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • Benedicte Agerup

    Director

    • Tenure: 0.0yrs

Company Information

Treasure ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Treasure ASA
  • Ticker: TRE
  • Exchange: OB
  • Founded: 2016
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: kr2.919b
  • Shares outstanding: 217.80m
  • Website: https://www.treasureasa.com

Location

  • Treasure ASA
  • PO Box 33
  • Lysaker
  • Akershus
  • 1324
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TREOB (Oslo Bors)YesOrdinary SharesNONOKJun 2016
0RIVLSE (London Stock Exchange)YesOrdinary SharesGBNOKJun 2016
T1ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2016

Biography

Treasure ASA, through its 12.04% interest in Hyundai Glovis Co. Ltd., provides transportation and logistics services in South Korea. The company was incorporated in 2016 and is based in Lysaker, Norway. Tr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 22:00
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.