OM:SHOT

Stock Analysis Report

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Executive Summary

Scandic Hotels Group AB (publ), together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, Denmark, Germany, Poland, and other European Countries. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.

Share Price & News

How has Scandic Hotels Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SHOT is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: SHOT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Swedish stocks.


Market Performance


7 Day Return

-4.5%

SHOT

4.1%

SE Hospitality

1.0%

SE Market


1 Year Return

-68.9%

SHOT

74.3%

SE Hospitality

15.2%

SE Market

Return vs Industry: SHOT underperformed the Swedish Hospitality industry which returned 74.3% over the past year.

Return vs Market: SHOT underperformed the Swedish Market which returned 15.2% over the past year.


Shareholder returns

SHOTIndustryMarket
7 Day-4.5%4.1%1.0%
30 Day19.0%14.2%7.2%
90 Day36.6%27.9%10.9%
1 Year-56.1%-68.9%81.5%74.3%18.3%15.2%
3 Year-39.8%-60.7%132.2%108.9%47.0%29.5%
5 Year-7.9%-41.6%217.2%178.2%86.7%46.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Scandic Hotels Group undervalued compared to its fair value and its price relative to the market?

10.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SHOT (SEK33.3) is trading below our estimate of fair value (SEK37.17)

Significantly Below Fair Value: SHOT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SHOT is unprofitable, so we can't compare its PE Ratio to the SE Hospitality industry average.

PE vs Market: SHOT is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SHOT is good value based on its PB Ratio (2.3x) compared to the SE Hospitality industry average (4x).


Next Steps

Future Growth

How is Scandic Hotels Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

88.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHOT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: SHOT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SHOT's is expected to become profitable in the next 3 years.

Revenue vs Market: SHOT's revenue (18.6% per year) is forecast to grow faster than the Swedish market (3.4% per year).

High Growth Revenue: SHOT's revenue (18.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SHOT's Return on Equity is forecast to be low in 3 years time (14.2%).


Next Steps

Past Performance

How has Scandic Hotels Group performed over the past 5 years?

-52.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHOT is currently unprofitable.

Growing Profit Margin: SHOT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SHOT is unprofitable, and losses have increased over the past 5 years at a rate of 52.7% per year.

Accelerating Growth: Unable to compare SHOT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SHOT is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (5.7%).


Return on Equity

High ROE: SHOT has a negative Return on Equity (-188.47%), as it is currently unprofitable.


Next Steps

Financial Health

How is Scandic Hotels Group's financial position?


Financial Position Analysis

Short Term Liabilities: SHOT's short term assets (SEK1.2B) do not cover its short term liabilities (SEK5.9B).

Long Term Liabilities: SHOT's short term assets (SEK1.2B) do not cover its long term liabilities (SEK29.9B).


Debt to Equity History and Analysis

Debt Level: SHOT's debt to equity ratio (128%) is considered high.

Reducing Debt: SHOT's debt to equity ratio has reduced from 172.8% to 128% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SHOT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SHOT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.3% per year.


Next Steps

Dividend

What is Scandic Hotels Group current dividend yield, its reliability and sustainability?

3.10%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SHOT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SHOT'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 SHOT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SHOT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SHOT is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SHOT'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?

2.0yrs

Average management tenure


CEO

Jens Mathiesen (51 yo)

2yrs

Tenure

kr10,946,082

Compensation

Mr. Jens Mathiesen is President, Chief Executive Officer of Scandic Hotels Group AB (publ) since January 17, 2019. Mr. Mathiesen was Managing Director of Denmark at Scandic Hotels Group AB since 2008. He s...


CEO Compensation Analysis

Compensation vs Market: Jens's total compensation ($USD1.32M) is above average for companies of similar size in the Swedish market ($USD742.59K).

Compensation vs Earnings: Insufficient data to compare Jens's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Jens Mathiesen
President & CEO2yrskr10.95m0.058%
SEK 3.7m
Jan Johansson
Chief Financial Officer4.33yrsno data0.013%
SEK 811.4k
Henrik Vikström
Director of Investor Relationsno datano datano data
Elin Westin
Director of Communications4.33yrsno datano data
Maria Andersson
Director of e-Commerce & Marketing4.42yrsno datano data
Peter Jangbratt
Head of Swedenno datano data0.014%
SEK 888.5k
Aki Käyhkö
Head of Finlandno datano data0.012%
SEK 792.3k
Michel Schutzbach
Head of Europeno datano data0.0087%
SEK 552.2k
Søren Faerber
Head of Denmark2yrsno data0.0053%
SEK 336.9k
Asle Prestegard
Acting Head of Norway1yrno data0.0036%
SEK 226.1k
Anna Spjuth
Chief Commercial Officer1yrno datano data

2.0yrs

Average Tenure

52yo

Average Age

Experienced Management: SHOT's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Martin Svalstedt
Independent Director3.67yrskr436.67k0.044%
SEK 2.8m
Ingalill Berglund
Independent Director4.67yrskr496.67k0.0052%
SEK 333.1k
Fredrik Wirdenius
Independent Director5.5yrskr396.67k0.0016%
SEK 104.4k
Per Braathen
Independent Chairman of the Board2.75yrskr850.00k0.40%
SEK 25.7m
Grant Hearn
Independent Director7yrskr463.33k0.0016%
SEK 100.0k
Daniel Håkansson
Deputy Director6yrsno datano data
Marianne Sundelius
Employee Representative Director3.67yrskr40.00kno data
Kristina Patek
Director0.83yrno datano data

4.2yrs

Average Tenure

56.5yo

Average Age

Experienced Board: SHOT's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SHOT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 85.7%.


Top Shareholders

Company Information

Scandic Hotels Group AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scandic Hotels Group AB (publ)
  • Ticker: SHOT
  • Exchange: OM
  • Founded: 1963
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: kr6.369b
  • Shares outstanding: 191.26m
  • Website: https://www.scandichotelsgroup.com

Number of Employees


Location

  • Scandic Hotels Group AB (publ)
  • SveavAegen 167
  • Stockholm
  • Stockholm County
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHOTOM (OMX Nordic Exchange Stockholm)YesClass B Ordinary SharesSESEKDec 2015
10HDB (Deutsche Boerse AG)YesClass B Ordinary SharesDEEURDec 2015
SHOTSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B Ordinary SharesGBSEKDec 2015
0RD7LSE (London Stock Exchange)YesClass B Ordinary SharesGBSEKDec 2015

Biography

Scandic Hotels Group AB (publ), together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, Denmark, Germany, Poland, and other European Countries. The company operates hotel...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 20:35
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.