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TRE

TreasureOB:TRE Stock Report

Market Cap

kr3.5b

7D

-1.3%

1Y

17.5%

Updated

27 Sep, 2021

Data

Company Financials
TRE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

TRE Overview

Treasure ASA, through its 11% interest in Hyundai Glovis Co.

Price History & Performance

Summary of all time highs, changes and price drops for Treasure
Historical stock prices
Current Share Pricekr15.80
52 Week Highkr12.85
52 Week Lowkr22.80
Beta0.97
1 Month Change-4.24%
3 Month Change-6.51%
1 Year Change17.47%
3 Year Change22.96%
5 Year Change-8.14%
Change since IPO-1.25%

Recent News & Updates

May 26
Returns on Capital Paint A Bright Future For Treasure (OB:TRE)

Returns on Capital Paint A Bright Future For Treasure (OB:TRE)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Apr 21
Investors Don't See Light At End Of Treasure ASA's (OB:TRE) Tunnel

Investors Don't See Light At End Of Treasure ASA's (OB:TRE) Tunnel

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") above 16x, you may consider...

Feb 18
Why Treasure ASA (OB:TRE) Should Be In Your Dividend Portfolio

Why Treasure ASA (OB:TRE) Should Be In Your Dividend Portfolio

Today we'll take a closer look at Treasure ASA ( OB:TRE ) from a dividend investor's perspective. Owning a strong...

Jan 20
Can Treasure (OB:TRE) Continue To Grow Its Returns On Capital?

Can Treasure (OB:TRE) Continue To Grow Its Returns On Capital?

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Shareholder Returns

TRENO LogisticsNO Market
7D-1.3%-2.6%1.2%
1Y17.5%54.8%26.4%

Return vs Industry: TRE underperformed the Norwegian Logistics industry which returned 54.8% over the past year.

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

Price Volatility

Is TRE's price volatile compared to industry and market?
TRE volatility
TRE Beta0.97
Industry Beta0.93
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2016n/aMagnus A. Sandehttps://www.treasureasa.com

Treasure ASA, through its 11% 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. Treasure ASA is a subsidiary of Wilh.

Treasure Fundamentals Summary

How do Treasure's earnings and revenue compare to its market cap?
TRE fundamental statistics
Market CapUS$402.27m
Earnings (TTM)US$455.96m
Revenue (TTM)US$457.12m

0.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRE income statement (TTM)
RevenueUS$457.12m
Cost of RevenueUS$0
Gross ProfitUS$457.12m
ExpensesUS$1.16m
EarningsUS$455.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 09, 2022

Earnings per share (EPS)2.13
Gross Margin100.00%
Net Profit Margin99.74%
Debt/Equity Ratio0.0%

How did TRE perform over the long term?

See historical performance and comparison

Dividends

9.0%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is Treasure 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: TRE (NOK16.2) is trading below our estimate of fair value (NOK437.52)

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


Price To Earnings Ratio

PE vs Industry: TRE is good value based on its PE Ratio (0.9x) compared to the European Logistics industry average (19.1x).

PE vs Market: TRE is good value based on its PE Ratio (0.9x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TRE is good value based on its PB Ratio (0.5x) compared to the XE Logistics industry average (3x).


Future Growth

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

8.0%

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.


Past Performance

How has Treasure performed over the past 5 years?

60.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRE has a high level of non-cash earnings.

Growing Profit Margin: TRE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TRE's earnings have grown significantly by 60.3% per year over the past 5 years.

Accelerating Growth: TRE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TRE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (74.6%).


Return on Equity

High ROE: TRE's Return on Equity (56.9%) is considered outstanding.


Financial Health

How is Treasure's financial position?


Financial Position Analysis

Short Term Liabilities: TRE's short term assets ($37.6M) exceed its short term liabilities ($5.0K).

Long Term Liabilities: TRE has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TRE is debt free.

Reducing Debt: TRE has not had any debt for past 5 years.

Debt Coverage: TRE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TRE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

9.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TRE's dividend (8.82%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).

High Dividend: TRE's dividend (8.82%) is in 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, TRE has been paying a dividend for less than 10 years.

Growing Dividend: TRE's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.3%), TRE's dividend payments are thoroughly 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

Management

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


CEO

Magnus A. Sande

no data

Tenure

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


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Treasure ASA's 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: kr3.464b
  • Shares outstanding: 213.84m
  • Website: https://www.treasureasa.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 16:20
End of Day Share Price2021/09/27 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.