Nordic Waterproofing Holding A/S develops, manufactures, and distributes a range of waterproofing products and solutions for buildings and infrastructure primarily in Belgium, Germany, the Netherlands, Poland, and the United Kingdom, and the Nordic countries.
Undervalued with solid track record and pays a dividend.
Share Price & News
How has Nordic Waterproofing Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NWG underperformed the Swedish Building industry which returned -5.6% over the past year.
Return vs Market: NWG underperformed the Swedish Market which returned -9.7% over the past year.
Price Volatility Vs. Market
How volatile is Nordic Waterproofing Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Nordic Waterproofing Holding A/S’s (STO:NWG) 11% Return On Capital Employed Good News?
2 weeks ago | Simply Wall StWhat Is Nordic Waterproofing Holding's (STO:NWG) P/E Ratio After Its Share Price Tanked?
4 weeks ago | Simply Wall StIs Nordic Waterproofing Holding A/S's (STO:NWG) 16% ROE Strong Compared To Its Industry?
Is Nordic Waterproofing Holding 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: NWG (SEK69.4) is trading below our estimate of fair value (SEK134.8)
Significantly Below Fair Value: NWG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWG is good value based on its PE Ratio (8.4x) compared to the Building industry average (16x).
PE vs Market: NWG is good value based on its PE Ratio (8.4x) compared to the Swedish market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: NWG is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: NWG is good value based on its PB Ratio (1.4x) compared to the SE Building industry average (2.1x).
How is Nordic Waterproofing Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWG's forecast earnings growth (4.3% per year) is above the savings rate (-0.4%).
Earnings vs Market: NWG's earnings (4.3% per year) are forecast to grow slower than the Swedish market (7.9% per year).
High Growth Earnings: NWG's earnings are forecast to grow, but not significantly.
Revenue vs Market: NWG's revenue (2.6% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: NWG's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NWG's Return on Equity is forecast to be low in 3 years time (16.9%).
How has Nordic Waterproofing Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWG has high quality earnings.
Growing Profit Margin: NWG's current net profit margins (6.3%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: NWG's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: NWG's earnings growth over the past year (30.1%) exceeds its 5-year average (14.3% per year).
Earnings vs Industry: NWG earnings growth over the past year (30.1%) exceeded the Building industry 11.3%.
Return on Equity
High ROE: NWG's Return on Equity (16.2%) is considered low.
How is Nordic Waterproofing Holding's financial position?
Financial Position Analysis
Short Term Liabilities: NWG's short term assets (SEK937.9M) exceed its short term liabilities (SEK423.8M).
Long Term Liabilities: NWG's short term assets (SEK937.9M) exceed its long term liabilities (SEK902.7M).
Debt to Equity History and Analysis
Debt Level: NWG's debt to equity ratio (66.7%) is considered high.
Reducing Debt: NWG's debt to equity ratio has increased from 57.7% to 66.7% over the past 5 years.
Debt Coverage: NWG's debt is well covered by operating cash flow (38.7%).
Interest Coverage: NWG's interest payments on its debt are well covered by EBIT (9.5x coverage).
Inventory Level: NWG has a high level of physical assets or inventory.
Debt Coverage by Assets: NWG's debt is covered by short term assets (assets are 1.2x debt).
What is Nordic Waterproofing Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NWG's dividend (6.48%) is higher than the bottom 25% of dividend payers in the Swedish market (2.03%).
High Dividend: NWG's dividend (6.48%) is in the top 25% of dividend payers in the Swedish market (6.45%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NWG has been paying a dividend for less than 10 years.
Growing Dividend: NWG's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.8%), NWG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NWG's dividends in 3 years are forecast to be covered by earnings (56.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Ellis (63yo)
Mr. Martin Ellis has been the Chief Executive Officer and President of Nordic Waterproofing Holding A/S since October 2015. Mr. Ellis serves as the Chief Executive Officer of Icopal and President of the Bu ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD531.04K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
|CEO, President & Member of Executive Board||4.42yrs||kr7.50m||1.53% SEK27.5m|
|CFO & Head of Investor Relations||9.17yrs||no data||0.21% SEK3.8m|
|Head of Nordic Waterproofing Sweden||9.17yrs||no data||0.26% SEK4.6m|
|Head of Nordic Waterproofing Denmark||9.17yrs||no data||0.43% SEK7.8m|
|Head of SealEco||9.17yrs||no data||0.38% SEK6.8m|
|Head of Nordic Waterproofing Finland||3.17yrs||no data||0.050% SEK905.3k|
|Head of Nordic Waterproofing Norway||2.67yrs||no data||0.65% SEK11.6m|
|Head of Taasinge Elementer||2.67yrs||no data||0.080% SEK1.4m|
|Head of Veg Tech||no data||no data||0.063% SEK1.1m|
|Independent Communications Consultant||2.67yrs||no data||no data|
Experienced Management: NWG's management team is considered experienced (4.4 years average tenure).
|Independent Director||2.83yrs||kr200.00k||0.063% SEK1.1m|
|Independent Director||2.83yrs||kr200.00k||no data|
|Independent Director||3.25yrs||kr300.00k||0.013% SEK225.3k|
|Director||0.83yr||no data||no data|
|Director||1.83yrs||no data||no data|
Experienced Board: NWG's board of directors are not considered experienced ( 2.9 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nordic Waterproofing Holding A/S's company bio, employee growth, exchange listings and data sources
- Name: Nordic Waterproofing Holding A/S
- Ticker: NWG
- Exchange: OM
- Founded: 1889
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr1.794b
- Shares outstanding: 23.88m
- Website: https://www.nordicwaterproofing.com
Number of Employees
- Nordic Waterproofing Holding A/S
- Drottninggatan 11
- Skåne County
- 252 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NWG||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Jun 2016|
|NWG||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Ordinary Shares||DK||SEK||Jun 2016|
|0RH9||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Jun 2016|
|2ES||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2016|
|NWGS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Jun 2016|
Nordic Waterproofing Holding A/S develops, manufactures, and distributes a range of waterproofing products and solutions for buildings and infrastructure primarily in Belgium, Germany, the Netherlands, Poland, and the United Kingdom, and the Nordic countries. The company operates in two segments, Products & Solutions, and Installation Services. It offers roofing products for various types of roofing and needs, including flat and pitched roofing waterproofing products, and roofing accessories; and building products, such as under layers, moisture and wind barriers, tarpaulins, geo membranes, and foundation panels. The company also provides ethylene propylene diene monomer M-class based water and weather protection solutions for buildings and other types of constructions; and lining applications as geomembrane for ponds and reservoirs, or capping of waste, as well as installation and maintenance services for roofing, yards, and bridges. It offers its products under the AL-Katot, Hetag Tagmaterialer, Kerabit, KerabitPro, Mataki, Nortett, Phønix Tag Materialer, SealEco, and Trebolit brands. Nordic Waterproofing Holding A/S was founded in 1889 and is headquartered in Helsingborg, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 23:24|
|End of Day Share Price||2020/03/31 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.