OM:NENT B

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Nordic Entertainment Group

Executive Summary

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


Snowflake Analysis

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: NENT 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: NENT B's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

18.9%

NENT B

9.3%

SE Media

0.3%

SE Market


1 Year Return

49.6%

NENT B

51.3%

SE Media

16.5%

SE Market

Return vs Industry: NENT B matched the Swedish Media industry which returned 50.3% over the past year.

Return vs Market: NENT B exceeded the Swedish Market which returned 16.7% over the past year.


Shareholder returns

NENT BIndustryMarket
7 Day18.9%9.3%0.3%
30 Day23.3%11.4%4.1%
90 Day24.4%7.6%6.8%
1 Year49.6%49.6%51.4%51.3%18.2%16.5%
3 Yearn/a135.2%133.0%40.6%25.4%
5 Yearn/a-24.4%-38.6%61.2%30.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

10.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NENT B (SEK446.4) is trading above our estimate of fair value (SEK211.59)

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


Price To Earnings Ratio

PE vs Industry: NENT B is good value based on its PE Ratio (10.9x) compared to the XE Media industry average (16.1x).

PE vs Market: NENT B is good value based on its PE Ratio (10.9x) compared to the Swedish market (22.9x).


Price to Earnings Growth Ratio

PEG Ratio: NENT B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: NENT B is overvalued based on its PB Ratio (7.4x) compared to the SE Media industry average (3.6x).


Next Steps

Future Growth

How is Nordic Entertainment Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-40.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NENT B's earnings are forecast to decline over the next 3 years (-40.2% per year).

Earnings vs Market: NENT B's earnings are forecast to decline over the next 3 years (-40.2% per year).

High Growth Earnings: NENT B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: NENT B's revenue (7.3% per year) is forecast to grow faster than the Swedish market (3.3% per year).

High Growth Revenue: NENT B's revenue (7.3% per year) is forecast to grow slower 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 high in 3 years time (27.4%)


Next Steps

Past Performance

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

20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NENT B has a high level of non-cash earnings.

Growing Profit Margin: NENT B's current net profit margins (19.6%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: NENT B's earnings have grown significantly by 20.3% per year over the past 5 years.

Accelerating Growth: NENT B's earnings growth over the past year (135.8%) exceeds its 5-year average (20.3% per year).

Earnings vs Industry: NENT B earnings growth over the past year (135.8%) exceeded the Media industry -5.7%.


Return on Equity

High ROE: Whilst NENT B's Return on Equity (67.47%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Nordic Entertainment Group's financial position?


Financial Position Analysis

Short Term Liabilities: NENT B's short term assets (SEK11.8B) exceed its short term liabilities (SEK9.4B).

Long Term Liabilities: NENT B's short term assets (SEK11.8B) exceed its long term liabilities (SEK4.3B).


Debt to Equity History and Analysis

Debt Level: NENT B's debt to equity ratio (129.3%) is considered high.

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 (24.8%).

Interest Coverage: NENT B's interest payments on its debt are well covered by EBIT (16.5x coverage).


Balance Sheet


Next Steps

Dividend

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

1.42%

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?

1.1yrs

Average management tenure


CEO

Anders Jensen (51 yo)

2.58yrs

Tenure

kr22,389,000

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD2.61M) is above average for companies of similar size in the Swedish market ($USD1.05M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Anders Jensen
President & CEO2.58yrskr22.39m0.047%
SEK 14.1m
Gabriel Catrina
Executive VP2.5yrsno data0.018%
SEK 5.4m
Kaj Kleen
Executive VP and Chief Technology & Product Officer1.08yrsno data0.0060%
SEK 1.8m
Stefan Lycke
Head of Investor Relationsno datano datano data
My Perrone
Senior VP & General Counsel0.75yrno datano data
Tobias Gyhlénius
Head of Public Relationsno datano datano data
Roberta Alenius
Senior VP & Head of Corporate Communications0.17yrno datano data
Mia Eriksson
Executive VP & Chief Marketing Officer1.08yrsno data0.00010%
SEK 30.1k
Sahar Kupersmidt
Executive VP and Chief People & Culture Officerno datano data0.0016%
SEK 481.0k
Cecilia Gave
Senior VP & Group Head of Viafree1.58yrsno datano data
Jonas Gustafsson
Senior VPno datano datano data
Filippa Wallestam
Executive VP & Chief Content Officerno datano data0.0062%
SEK 1.9m

1.1yrs

Average Tenure

40.5yo

Average Age

Experienced Management: NENT B's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Chance
Independent Chairman2.17yrskr1.50m0.0053%
SEK 1.6m
Simon Duffy
Independent Non-Executive Director2.33yrskr735.00k0.0026%
SEK 781.7k
Christina Schauman
Independent Non-Executive Director2.17yrskr630.00k0.0044%
SEK 1.3m
Pernille Erenbjerg
Director0.50yrno datano data
Anders Borg
Independent Non-Executive Director2.17yrskr630.00k0.0078%
SEK 2.3m
Natalie Tydeman
Independent Non-Executive Director2.33yrskr620.00kno data

2.2yrs

Average Tenure

54yo

Average Age

Experienced Board: NENT B'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: 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nordic Entertainment Group AB (publ)'s company bio, 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
  • Market Cap: kr30.065b
  • Shares outstanding: 67.35m
  • Website: https://www.nentgroup.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NENT BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKMar 2019
NENT AOM (OMX Nordic Exchange Stockholm)Class A SharesSESEKMar 2019
NENT.FOTCPK (Pink Sheets LLC)YesClass B SharesUSUSDMar 2019
NEBDB (Deutsche Boerse AG)YesClass B SharesDEEURMar 2019
NENTBSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKMar 2019
NENTASBATS-CHIXE (BATS 'Chi-X Europe')Class A SharesGBSEKMar 2019

Biography

Nordic Entertainment Group AB (publ) operates as an entertainment provider in Sweden, Norway, Denmark, Finland, the United Kingdom, and internationally. It operates through two segments, Broadcasting & Str...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 22:02
End of Day Share Price2020/11/24 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.