Scandic Hotels Group
Market Cap
kr8.4b
Last Updated
2019/10/13 23:49 UTC
Data Sources
Company Financials +
Executive Summary
Scandic Hotels Group AB (publ), together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, and other European Countries.
Snowflake
Fundamentals
Fair value second-rate dividend payer.
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
Market Performance
7 Day Return
5.6%
SHOT
4.5%
SE Hospitality
2.9%
SE Market
1 Year Return
-12.5%
SHOT
10.5%
SE Hospitality
9.0%
SE Market
Return vs Industry: SHOT underperformed the Swedish Hospitality industry which returned 10.5% over the past year.
Return vs Market: SHOT underperformed the Swedish Market which returned 9% over the past year.
Share holder returns
| SHOT | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 4.5% | 2.9% |
| 30 Day | 0.4% | 0.2% | -0.4% |
| 90 Day | -0.4% | -1.5% | 0.3% |
| 1 Year | -8.7%-12.5% | 12.8%10.5% | 13.7%9.0% |
| 3 Year | 13.2%3.1% | 34.1%27.0% | 30.5%11.1% |
| 5 Year | n/a | 52.9%40.5% | 66.0%30.7% |
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
1 week ago | Simply Wall St
Is Scandic Hotels Group AB (publ) (STO:SHOT) An Attractive Dividend Stock?3 weeks ago | Simply Wall St
Why You Should Care About Scandic Hotels Group AB (publ)’s (STO:SHOT) Low Return On Capital1 month ago | Simply Wall St
Here's What Scandic Hotels Group AB (publ)'s (STO:SHOT) P/E Ratio Is Telling UsValuation
Is Scandic Hotels Group undervalued based on future cash flows and its price relative to the stock market?
10.89x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Undervalued: SHOT (SEK81.45) is trading above our estimate of fair value (SEK52.66)
Significantly Undervalued: SHOT is trading above our estimate of fair value.
Price Based on Earnings
PE vs Industry: SHOT is good value based on its PE Ratio (10.9x) compared to the Hospitality industry average (16.8x).
PE vs Market: SHOT is good value based on its PE Ratio (10.9x) compared to the Swedish market (16.7x).
Price Based on Expected Growth
Low PEG Ratio: SHOT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price Based on Value of Assets
PB vs Industry: SHOT is good value based on its PB Ratio (1.3x) compared to the SE Hospitality industry average (2.9x).
Next Steps
Future Growth
How is Scandic Hotels Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?
-0.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Earnings vs Savings Rate: SHOT's earnings are forecast to decline over the next 3 years (-0.9% per year).
Earnings vs Market: SHOT's earnings are forecast to decline over the next 3 years (-0.9% per year).
High Growth Earnings: SHOT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SHOT's revenue (4.2% per year) is forecast to grow slower than the Swedish market (4.5% per year).
High Growth Revenue: SHOT's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Estimates
Future Return on Equity
High Future ROE: SHOT's Return on Equity is forecast to be low in 3 years time (7.9%).
Next Steps
Past Performance
How has Scandic Hotels Group performed over the past 5 years?
39.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SHOT has become profitable over the past 5 years, growing earnings by 39.6% per year.
Accelerating Growth: SHOT's earnings growth over the past year (18.2%) is below its 5-year average (39.6% per year).
Earnings vs Industry: SHOT earnings growth over the past year (18.2%) underperformed the Hospitality industry 18.2%.
Return on Equity
High ROE: SHOT's Return on Equity (12.2%) is considered low.
Return on Assets
ROA vs Industry: SHOT's Return on Assets is below or equal to the Hospitality industry average last year.
Return on Capital Employed
ROCE Improving: SHOT's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Scandic Hotels Group's financial position?
Financial Position Analysis
Short Term Liabilities: SHOT's short term assets (SEK1.8B) do not cover its short term liabilities (SEK6.8B)
Long Term Liabilities: SHOT's short term assets (1.8B) do not cover its long term liabilities (31.5B)
Debt to Equity History and Analysis
Debt Level: SHOT's debt to equity ratio (67.5%) is considered high
Reducing Debt: SHOT's debt to equity ratio has reduced from 184.9% to 67.5% over the past 5 years.
Debt Coverage: SHOT's debt is well covered by operating cash flow (74.8%).
Interest Coverage: SHOT's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Inventory Level: SHOT has a high level of physical assets or inventory.
Debt Coverage by Assets: SHOT's debt is not covered by short term assets (assets are 0.4x debt).
Next Steps
Dividend
What is Scandic Hotels Group's current dividend yield, its reliability and sustainability?
4.85%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase Scandic Hotels Group before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Dividend Yield and Payments Analysis
Notable Dividend: SHOT's dividend (4.3%) is higher than the bottom 25% of dividend payers in the Swedish market (1.8%).
High Dividend: SHOT's dividend (4.3%) is low compared to the top 25% of dividend payers in the Swedish market (4.84%).
Stable Dividend: Whilst dividend payments have been stable, SHOT has been paying a dividend for less than 10 years.
Growing Dividend: SHOT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.8%), SHOT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHOT's dividends in 3 years are forecast to be covered by earnings (51.9% payout ratio).
Next Steps
Management
What is the CEO of Scandic Hotels Group's salary, the management and board of directors tenure and is there insider trading?
3.1yrs
Average management tenure
CEO
Jens Mathiesen (50yo)
0.8yrs
Tenure
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 ...
Management Age and Tenure
3.1yrs
Average Tenure
52yo
Average Age
Experienced Management: SHOT's management team is considered experienced (3.1 years average tenure).
Board Age and Tenure
2.9yrs
Average Tenure
55yo
Average Age
Experienced Board: SHOT's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: SHOT insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Information Officer Chief Information Officer |
| Shares | 1,152 |
| Max Price | kr78.00 |
| Entity | Individual |
| Role | Senior Key Executive Head of Sweden |
| Shares | 4,000 |
| Max Price | kr85.70 |
| Entity | Individual |
| Role | Senior Key Executive Head of Norway |
| Shares | 13,000 |
| Max Price | kr82.00 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 500 |
| Max Price | kr78.50 |
| Entity | Individual |
| Role | Chief Executive Officer President & CEO |
| Shares | 5,000 |
| Max Price | kr75.05 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman of the Board |
| Shares | 127,000 |
| Max Price | kr78.58 |
| Entity | Individual |
| Role | Senior Key Executive Head of Norway |
| Shares | 13,538 |
| Max Price | kr79.50 |
| Entity | Individual |
| Role | Chief Information Officer Chief Information Officer |
| Shares | 709 |
| Max Price | kr78.90 |
| Entity | Individual |
| Shares | 2,700 |
| Max Price | kr79.42 |
| Entity | Individual |
| Role | Chief Executive Officer President & CEO |
| Shares | 5,000 |
| Max Price | kr79.00 |
| Entity | Individual |
| Role | Chief Information Officer Chief Information Officer |
| Shares | 3,466 |
| Max Price | kr79.80 |
| Entity | Individual |
| Role | Chief Information Officer Chief Information Officer |
| Shares | 500 |
| Max Price | kr79.00 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman of the Board |
| Shares | 63,000 |
| Max Price | kr78.83 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 1,500 |
| Max Price | kr80.97 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 10,000 |
| Max Price | kr80.17 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 500 |
| Max Price | kr83.65 |
| Entity | Individual |
| Shares | 784 |
| Max Price | kr82.00 |
| Entity | Individual |
| Shares | 9,000 |
| Max Price | kr80.00 |
| Entity | Company |
| Shares | 211,654 |
| Max Price | kr81.80 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 30,004 |
| Max Price | kr81.36 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 5,223 |
| Max Price | kr81.10 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 272 |
| Max Price | kr82.50 |
| Entity | Company |
| Shares | 148,644 |
| Max Price | kr79.18 |
| Entity | Company |
| Shares | 206,308 |
| Max Price | kr80.22 |
| Entity | Company |
| Shares | 43,751 |
| Max Price | kr82.50 |
| Entity | Company |
| Shares | 1,217,948 |
| Max Price | kr82.74 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 10,000 |
| Max Price | kr79.80 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman of the Board |
| Shares | 125,000 |
| Max Price | kr81.83 |
Ownership Breakdown
Management Team
Svein Steen-Mevold (52yo)
Head of Norway
- Tenure: 0yrs
Jan Johansson (57yo)
Chief Financial Officer
- Tenure: 3.1yrs
Peter Jangbratt (52yo)
Head of Sweden
- Tenure: 0yrs
Aki Käyhkö (51yo)
Head of Finland
- Tenure: 0yrs
Jens Mathiesen (50yo)
President & CEO
- Tenure: 0.8yrs
Michel Schutzbach (58yo)
Head of Europe
- Tenure: 0yrs
Maria Andersson
Director of e-Commerce & Marketing
- Tenure: 3.2yrs
Elin Westin
Director of Communications
- Tenure: 3.1yrs
Henrik Vikström
Director of Investor Relations
- Tenure: 0yrs
Ann Hellenius (45yo)
Chief Information Officer
- Tenure: 1yrs
Board Members
Martin Svalstedt (56yo)
Director
- Tenure: 2.4yrs
- Compensation: kr418.33k
Inga Berglund (55yo)
Independent Director
- Tenure: 3.4yrs
- Compensation: kr526.67k
Fredrik Wirdenius (58yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: kr418.33k
Riitta Savonlahti (55yo)
Independent Director
- Tenure: 0.4yrs
Per Braathen (59yo)
Independent Chairman of the Board
- Tenure: 1.5yrs
- Compensation: kr762.50k
Susanne Koch (46yo)
Independent Director
- Tenure: 0.4yrs
Grant Hearn (61yo)
Independent Director
- Tenure: 5.8yrs
- Compensation: kr451.67k
Christoffer Lundström (46yo)
Director
- Tenure: 3.4yrs
- Compensation: kr418.33k
Daniel Håkansson (42yo)
Deputy Director
- Tenure: 4.8yrs
Marianne Sundelius (52yo)
Employee Representative Director
- Tenure: 2.4yrs
- Compensation: kr40.00k
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: kr8.388b
- Shares outstanding: 102.99m
- Website: https://www.scandichotelsgroup.com
Number of Employees
Location
- Scandic Hotels Group AB (publ)
- Sveavägen 167
- Stockholm
- Stockholm County
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SHOT | OM (OMX Nordic Exchange Stockholm) | Yes | Class B Ordinary Shares | SE | SEK | Dec 2015 |
| 10H | DB (Deutsche Boerse AG) | Yes | Class B Ordinary Shares | DE | EUR | Dec 2015 |
| SHOTS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class B Ordinary Shares | GB | SEK | Dec 2015 |
| 0RD7 | LSE (London Stock Exchange) | Yes | Class B Ordinary Shares | GB | SEK | Dec 2015 |
Biography
Scandic Hotels Group AB (publ), together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, and other European Countries. The company operates hotels under the Scandic and Hi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/13 23:49 |
| End of Day Share Price | 2019/10/11 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.