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NENT

Nordic Entertainment GroupOM:NENT B Stock Report

Last Price

kr416.60

Market Cap

kr32.5b

7D

-0.1%

1Y

-14.6%

Updated

20 Jan, 2022

Data

Company Financials +
NENT B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends0/6

NENT B Stock Overview

Nordic Entertainment Group AB (publ) operates as an entertainment provider and streaming company in Sweden, Norway, Denmark, Finland, the United Kingdom, and internationally.

Nordic Entertainment Group Competitors

Amazon.com

NasdaqGS:AMZN

US$1.6t

Meta Platforms

NasdaqGS:FB

US$889.0b

Walt Disney

NYSE:DIS

US$272.8b

Netflix

NasdaqGS:NFLX

US$228.5b

Price History & Performance

Summary of all time highs, changes and price drops for Nordic Entertainment Group
Historical stock prices
Current Share Pricekr416.60
52 Week Highkr535.00
52 Week Lowkr338.00
Beta1.65
1 Month Change-7.01%
3 Month Change-19.89%
1 Year Change-14.56%
3 Year Changen/a
5 Year Changen/a
Change since IPO89.88%

Recent News & Updates

Dec 16
Does Nordic Entertainment Group (STO:NENT B) Have A Healthy Balance Sheet?

Does Nordic Entertainment Group (STO:NENT B) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Nov 05
At kr513, Is It Time To Put Nordic Entertainment Group AB (publ) (STO:NENT B) On Your Watch List?

At kr513, Is It Time To Put Nordic Entertainment Group AB (publ) (STO:NENT B) On Your Watch List?

Nordic Entertainment Group AB (publ) ( STO:NENT B ), might not be a large cap stock, but it saw a decent share price...

Oct 10
A Look At The Intrinsic Value Of Nordic Entertainment Group AB (publ) (STO:NENT B)

A Look At The Intrinsic Value Of Nordic Entertainment Group AB (publ) (STO:NENT B)

Today we will run through one way of estimating the intrinsic value of Nordic Entertainment Group AB (publ) ( STO:NENT...

Shareholder Returns

NENT BSE MediaSE Market
7D-0.1%-2.9%-4.2%
1Y-14.6%-19.8%17.2%

Return vs Industry: NENT B exceeded the Swedish Media industry which returned -19.8% over the past year.

Return vs Market: NENT B underperformed the Swedish Market which returned 17.2% over the past year.

Price Volatility

Is NENT B's price volatile compared to industry and market?
NENT B volatility
NENT B Average Weekly Movement5.1%
Media Industry Average Movement7.8%
Market Average Movement6.9%
10% most volatile stocks in SE Market11.7%
10% least volatile stocks in SE Market3.9%

Stable Share Price: NENT B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NENT B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20171,480Anders Jensenhttps://www.nentgroup.com

Nordic Entertainment Group AB (publ) operates as an entertainment provider and streaming company in Sweden, Norway, Denmark, Finland, the United Kingdom, and internationally. It creates, produces, and distributes television shows, commercials, feature films, branded content, and events for broadcasters, streamers, distributors, advertisers, and other organizations. The company operates Viaplay, an online video streaming service, which offers sports, original scripted and non-scripted content, acquired local and international series and movies, and kids content; Viafree, a video streaming service; and V sport, series & film, a family of premium-TV channels that offers television entertainment.

Nordic Entertainment Group Fundamentals Summary

How do Nordic Entertainment Group's earnings and revenue compare to its market cap?
NENT B fundamental statistics
Market Capkr32.47b
Earnings (TTM)kr331.00m
Revenue (TTM)kr12.29b

98.1x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NENT B income statement (TTM)
Revenuekr12.29b
Cost of Revenuekr8.97b
Gross Profitkr3.32b
Expenseskr2.99b
Earningskr331.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 08, 2022

Earnings per share (EPS)4.25
Gross Margin27.00%
Net Profit Margin2.69%
Debt/Equity Ratio40.2%

How did NENT B perform over the long term?

See historical performance and comparison

Valuation

Is Nordic Entertainment Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NENT B (SEK416.6) is trading below our estimate of fair value (SEK1568.67)

Significantly Below Fair Value: NENT B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NENT B is poor value based on its PE Ratio (98.1x) compared to the Swedish Media industry average (20.4x).

PE vs Market: NENT B is poor value based on its PE Ratio (98.1x) compared to the Swedish market (22.8x).


Price to Earnings Growth Ratio

PEG Ratio: NENT B is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: NENT B is good value based on its PB Ratio (4x) compared to the SE Media industry average (4.5x).


Future Growth

How is Nordic Entertainment Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

49.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NENT B's forecast earnings growth (49.3% per year) is above the savings rate (0.3%).

Earnings vs Market: NENT B's earnings (49.3% per year) are forecast to grow faster than the Swedish market (4.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NENT B's revenue (20.6% per year) is forecast to grow faster than the Swedish market (5.1% per year).

High Growth Revenue: NENT B's revenue (20.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NENT B's Return on Equity is forecast to be low in 3 years time (6.6%).


Past Performance

How has Nordic Entertainment Group performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NENT B has a large one-off loss of SEK341.0M impacting its September 30 2021 financial results.

Growing Profit Margin: NENT B's current net profit margins (2.7%) are lower than last year (21.4%).


Past Earnings Growth Analysis

Earnings Trend: NENT B's earnings have grown by 10.2% per year over the past 5 years.

Accelerating Growth: NENT 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: NENT B had negative earnings growth (-87.8%) over the past year, making it difficult to compare to the Media industry average (45.7%).


Return on Equity

High ROE: NENT B's Return on Equity (4%) is considered low.


Financial Health

How is Nordic Entertainment Group's financial position?


Financial Position Analysis

Short Term Liabilities: NENT B's short term assets (SEK13.9B) exceed its short term liabilities (SEK6.6B).

Long Term Liabilities: NENT B's short term assets (SEK13.9B) exceed its long term liabilities (SEK3.3B).


Debt to Equity History and Analysis

Debt Level: NENT B has more cash than its total debt.

Reducing Debt: Insufficient data to determine if NENT B's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NENT B's debt is well covered by operating cash flow (20.5%).

Interest Coverage: NENT B's interest payments on its debt are well covered by EBIT (13.6x coverage).


Balance Sheet


Dividend

What is Nordic Entertainment Group current dividend yield, its reliability and sustainability?

0.63%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Current Payout to Shareholders

Dividend Coverage: NENT 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 NENT 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?

2.3yrs

Average management tenure


CEO

Anders Jensen (52 yo)

3.83yrs

Tenure

kr24,577,000

Compensation

Mr. Anders Hede Jensen has been Chief Executive Officer and President of Nordic Entertainment Group AB since March 23, 2018. He was Executive Vice President of Modern Times Group Mtg AB since May 2015 and...


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD2.70M) is above average for companies of similar size in the Swedish market ($USD1.02M).

Compensation vs Earnings: Anders's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NENT B's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: NENT B's board of directors are considered experienced (3.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: NENT B 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 diluted in the past year, with total shares outstanding growing by 15.7%.


Top Shareholders

Company Information

Nordic Entertainment Group AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Nordic Entertainment Group AB (publ)
  • Ticker: NENT B
  • Exchange: OM
  • Founded: 2017
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: kr32.472b
  • Shares outstanding: 77.95m
  • Website: https://www.nentgroup.com

Number of Employees


Location

  • Nordic Entertainment Group AB (publ)
  • Ringvägen 52
  • Stockholm
  • Stockholm County
  • 118 67
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:27
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.