Kindred Group
Market Cap
kr23.7b
Last Updated
2021/01/21 19:20 UTC
Data Sources
Company Financials +
Executive Summary
Kindred Group plc operates an online gambling business primarily in Europe, Australia, and the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Kindred Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KIND SDB is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: KIND SDB's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-3.2%
KIND SDB
4.1%
SE Hospitality
1.0%
SE Market
1 Year Return
112.5%
KIND SDB
74.3%
SE Hospitality
15.2%
SE Market
Return vs Industry: KIND SDB exceeded the Swedish Hospitality industry which returned 74.3% over the past year.
Return vs Market: KIND SDB exceeded the Swedish Market which returned 15.2% over the past year.
Shareholder returns
| KIND SDB | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.2% | 4.1% | 1.0% |
| 30 Day | 31.0% | 14.2% | 7.2% |
| 90 Day | 45.8% | 27.9% | 10.9% |
| 1 Year | 112.5%112.5% | 81.5%74.3% | 18.3%15.2% |
| 3 Year | -6.6%-19.3% | 132.2%108.9% | 47.0%29.5% |
| 5 Year | 36.4%9.9% | 217.2%178.2% | 86.7%46.8% |
Long-Term Price Volatility Vs. Market
How volatile is Kindred Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is Kindred Group plc (STO:KIND SDB) Worth kr103 Based On Its Intrinsic Value?2 weeks ago | Simply Wall St
Kindred Group (STO:KIND SDB) Shareholders Booked A 53% Gain In The Last Year4 weeks ago | Simply Wall St
Why Kindred Group plc (STO:KIND SDB) Could Be Worth WatchingValuation
Is Kindred Group undervalued compared to its fair value and its price relative to the market?
22.82x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KIND SDB (SEK104.4) is trading above our estimate of fair value (SEK76.14)
Significantly Below Fair Value: KIND SDB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KIND SDB is poor value based on its PE Ratio (22.8x) compared to the SE Hospitality industry average (22.1x).
PE vs Market: KIND SDB is good value based on its PE Ratio (22.8x) compared to the Swedish market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: KIND SDB is poor value based on its PEG Ratio (213.3x)
Price to Book Ratio
PB vs Industry: KIND SDB is overvalued based on its PB Ratio (6.3x) compared to the SE Hospitality industry average (4x).
Next Steps
Future Growth
How is Kindred Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
0.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KIND SDB's forecast earnings growth (0.1% per year) is below the savings rate (0.4%).
Earnings vs Market: KIND SDB's earnings (0.1% per year) are forecast to grow slower than the Swedish market (11.8% per year).
High Growth Earnings: KIND SDB's earnings are forecast to grow, but not significantly.
Revenue vs Market: KIND SDB's revenue (11.2% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: KIND SDB's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KIND SDB's Return on Equity is forecast to be high in 3 years time (30.2%)
Next Steps
Past Performance
How has Kindred Group performed over the past 5 years?
4.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KIND SDB has a large one-off loss of £28.3M impacting its September 30 2020 financial results.
Growing Profit Margin: KIND SDB's current net profit margins (9.1%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: KIND SDB's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: KIND SDB's earnings growth over the past year (7.7%) exceeds its 5-year average (4.3% per year).
Earnings vs Industry: KIND SDB earnings growth over the past year (7.7%) exceeded the Hospitality industry 5.7%.
Return on Equity
High ROE: KIND SDB's Return on Equity (27.7%) is considered high.
Next Steps
Financial Health
How is Kindred Group's financial position?
Financial Position Analysis
Short Term Liabilities: KIND SDB's short term assets (£299.5M) do not cover its short term liabilities (£334.3M).
Long Term Liabilities: KIND SDB's short term assets (£299.5M) exceed its long term liabilities (£188.0M).
Debt to Equity History and Analysis
Debt Level: KIND SDB's debt to equity ratio (40.9%) is considered high.
Reducing Debt: KIND SDB's debt to equity ratio has increased from 30% to 40.9% over the past 5 years.
Debt Coverage: KIND SDB's debt is well covered by operating cash flow (165.2%).
Interest Coverage: KIND SDB's interest payments on its debt are well covered by EBIT (25.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Kindred Group current dividend yield, its reliability and sustainability?
4.18%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KIND SDB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KIND SDB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KIND SDB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KIND SDB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KIND SDB is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KIND SDB's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Henrik Tjärnström (50 yo)
10.5yrs
Tenure
UK£1,559,300
Compensation
Mr. Henrik Tjärnström has been the Chief Executive Officer of Kindred Group plc since July 2010. Mr. Tjärnström serves as the Chief Executive Officer of Trannel International Ltd (formerly known as Unibet ...
CEO Compensation Analysis
Compensation vs Market: Henrik's total compensation ($USD2.14M) is above average for companies of similar size in the Swedish market ($USD1.20M).
Compensation vs Earnings: Henrik's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman | no data | UK£260.00k | 3.04% £ 721.1m | |
| Chief Executive Officer | 10.5yrs | UK£1.56m | 0.73% £ 172.1m | |
| Interim Chief Financial Officer | 0.92yr | no data | no data | |
| Chief Financial Officer | 1yr | no data | no data | |
| Chief Technology Officer | 6yrs | no data | 0.0072% £ 1.7m | |
| Chief Information Officer & Head of Business Development | no data | no data | no data | |
| Chief Legal & Compliance Officer | 1yr | no data | no data | |
| Group Head of Communications | no data | no data | no data | |
| Chief Marketing Officer | 2yrs | no data | 0.00072% £ 170.8k | |
| Chief Human Resources Officer | 9yrs | no data | 0.0076% £ 1.8m | |
| Chief Experience Officer | 12yrs | no data | 0.013% £ 3.0m | |
| Head of IT Australia | no data | no data | no data |
6.0yrs
Average Tenure
50yo
Average Age
Experienced Management: KIND SDB's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman | no data | UK£260.00k | 3.04% £ 721.1m | |
| Independent Director | 2.67yrs | UK£91.60k | 0.0035% £ 835.2k | |
| Independent Non-Executive Director | 19yrs | UK£83.60k | 0.061% £ 14.5m | |
| Non Executive Director | 1.67yrs | UK£43.40k | 0.0044% £ 1.0m | |
| Non Executive Director | 1.67yrs | UK£49.70k | 0.0022% £ 522.0k |
2.2yrs
Average Tenure
54yo
Average Age
Experienced Board: KIND SDB's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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
Kindred Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kindred Group plc
- Ticker: KIND SDB
- Exchange: OM
- Founded: 1997
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr23.726b
- Shares outstanding: 227.15m
- Website: https://www.kindredgroup.com
Number of Employees
Location
- Kindred Group plc
- The Centre
- Level 6
- Sliema
- TPO 0001
- Malta
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KIND SDB | OM (OMX Nordic Exchange Stockholm) | Yes | SDR EACH REP 1 GBP0.000625 | SE | SEK | Jun 2004 |
| 0RDS | LSE (London Stock Exchange) | Yes | SDR EACH REP 1 GBP0.000625 | GB | SEK | Jun 2004 |
| KNDG.F | OTCPK (Pink Sheets LLC) | Yes | SDR EACH REP 1 GBP0.000625 | US | USD | Jun 2004 |
| UNBA | DB (Deutsche Boerse AG) | Yes | SDR EACH REP 1 GBP0.000625 | DE | EUR | Jun 2004 |
| KINDS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | SDR EACH REP 1 GBP0.000625 | GB | SEK | Jun 2004 |
Biography
Kindred Group plc operates an online gambling business primarily in Europe, Australia, and the United States. The company offers pre-game and live sports betting, including horse racing betting; poker; cas...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 19:20 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.