OM:SKIS B

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Executive Summary

SkiStar AB (publ) owns and operates Alpine ski resorts in Sweden, Norway, and Austria. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has SkiStar's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SKIS B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SKIS B's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

3.6%

SKIS B

0.7%

SE Hospitality

0.3%

SE Market


1 Year Return

-21.3%

SKIS B

48.4%

SE Hospitality

16.5%

SE Market

Return vs Industry: SKIS B underperformed the Swedish Hospitality industry which returned 47.9% over the past year.

Return vs Market: SKIS B underperformed the Swedish Market which returned 16.7% over the past year.


Shareholder returns

SKIS BIndustryMarket
7 Day3.6%0.7%0.3%
30 Day-16.6%-0.7%4.1%
90 Day-9.1%4.9%6.8%
1 Year-19.1%-21.3%54.1%48.4%18.2%16.5%
3 Year28.2%17.1%78.3%60.0%40.6%25.4%
5 Year75.0%50.8%104.5%87.9%61.2%30.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is SkiStar undervalued compared to its fair value and its price relative to the market?

26.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SKIS B (SEK96.9) is trading above our estimate of fair value (SEK84.01)

Significantly Below Fair Value: SKIS B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SKIS B is poor value based on its PE Ratio (26.5x) compared to the SE Hospitality industry average (18.8x).

PE vs Market: SKIS B is poor value based on its PE Ratio (26.5x) compared to the Swedish market (22.9x).


Price to Earnings Growth Ratio

PEG Ratio: SKIS B is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: SKIS B's PB Ratio (3x) is in line with the SE Hospitality industry average.


Next Steps

Future Growth

How is SkiStar forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

18.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKIS B's forecast earnings growth (18.4% per year) is above the savings rate (0.5%).

Earnings vs Market: SKIS B's earnings (18.4% per year) are forecast to grow faster than the Swedish market (11.4% per year).

High Growth Earnings: SKIS B's earnings are forecast to grow, but not significantly.

Revenue vs Market: SKIS B's revenue (8.2% per year) is forecast to grow faster than the Swedish market (3.3% per year).

High Growth Revenue: SKIS B's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SKIS B's Return on Equity is forecast to be low in 3 years time (16.3%).


Next Steps

Past Performance

How has SkiStar performed over the past 5 years?

6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKIS B has high quality earnings.

Growing Profit Margin: SKIS B's current net profit margins (12.1%) are lower than last year (17.2%).


Past Earnings Growth Analysis

Earnings Trend: SKIS B's earnings have grown by 6.7% per year over the past 5 years.

Accelerating Growth: SKIS B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SKIS B had negative earnings growth (-37.6%) over the past year, making it difficult to compare to the Hospitality industry average (3.8%).


Return on Equity

High ROE: SKIS B's Return on Equity (11.2%) is considered low.


Next Steps

Financial Health

How is SkiStar's financial position?


Financial Position Analysis

Short Term Liabilities: SKIS B's short term assets (SEK592.4M) do not cover its short term liabilities (SEK1.1B).

Long Term Liabilities: SKIS B's short term assets (SEK592.4M) do not cover its long term liabilities (SEK2.3B).


Debt to Equity History and Analysis

Debt Level: SKIS B's debt to equity ratio (77.8%) is considered high.

Reducing Debt: SKIS B's debt to equity ratio has reduced from 108.3% to 77.8% over the past 5 years.

Debt Coverage: SKIS B's debt is well covered by operating cash flow (36.9%).

Interest Coverage: SKIS B's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet


Next Steps

Dividend

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

4.13%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

0.8yrs

Average management tenure


CEO

Stefan Sjöstrand (52 yo)

0.83

Tenure

Mr. Stefan Sjöstrand is Chief Executive Officer at SkiStar AB (publ) since 2020. He has Principle education and professional experience.


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Sjöstrand
Chief Executive Officer0.83yrno data0.013%
SEK 1.0m
Anders Örnulf
Chief Financial Officerno datano data0.0042%
SEK 319.7k
Niclas Berg
0.83yrno data0.044%
SEK 3.4m
Sofie Arnell
Legal Counsel & Head of IRno datano data0.0013%
SEK 97.2k
Petra Hallebrant
Head of Communication & PR0.83yrno datano data
Mathias Lindström
Director of Sales & Marketing13.83yrsno data0.020%
SEK 1.5m
Lars-Göran Dahl
Director of Property Development & Director1.83yrsno datano data
Åsa Linder
Secretaryno datano datano data

0.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: SKIS B's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Lars-Göran Dahl
Director of Property Development & Director1.83yrsno datano data
Anders Sundström
Director1.83yrsno data0.0064%
SEK 484.5k
Gunilla Rudebjer
Independent Director1.83yrsno data0.00051%
SEK 38.7k
Sara Karlsson
Director2.92yrskr250.00kno data
Fredrik Paulsson
Director2.92yrskr275.00kno data
Lena Apler
Independent Director5.83yrskr270.16k0.013%
SEK 969.1k
Eivor Andersson
Independent Chairman of the Boardno datakr370.43k0.011%
SEK 871.9k
Patrik Svard
Employee Representative Director3.67yrsno datano data

2.9yrs

Average Tenure

59yo

Average Age

Experienced Board: SKIS B's board of directors are not considered experienced ( 2.9 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

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


Key Information

  • Name: SkiStar AB (publ)
  • Ticker: SKIS B
  • Exchange: OM
  • Founded:
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: kr7.595b
  • Shares outstanding: 78.38m
  • Website: https://www.skistar.com

Number of Employees


Location

  • SkiStar AB (publ)
  • Salfjallsgarden
  • Sälen
  • Dalarna County
  • 780 67
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKIS BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKJul 1994
3AJDB (Deutsche Boerse AG)YesClass B SharesDEEURJul 1994
SKISBsBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKJul 1994

Biography

SkiStar AB (publ) owns and operates Alpine ski resorts in Sweden, Norway, and Austria. The company operates in two segments, Operation of Ski Resorts and Property Development and Exploitation. It provides ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 22:00
End of Day Share Price2020/11/24 00:00
Earnings2020/08/31
Annual Earnings2020/08/31


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.