OTCPK:GNND.Y

Stock Analysis Report

Executive Summary

GN Store Nord A/S develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally.

Snowflake

Fundamentals

Proven track record with moderate growth potential.


Similar Companies

Share Price & News

How has GN Store Nord's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.7%

OTCPK:GNND.Y

0.8%

US Medical Equipment

1.1%

US Market


1 Year Return

n/a

OTCPK:GNND.Y

9.6%

US Medical Equipment

2.1%

US Market

No trading data on GNND.Y.

No trading data on GNND.Y.


Share holder returns

GNND.YIndustryMarket
7 Day-0.7%0.8%1.1%
30 Day-4.4%0.2%3.7%
90 Day-12.1%2.7%2.3%
1 Yearn/a10.5%9.6%4.4%2.1%
3 Year98.5%96.3%69.5%64.3%47.0%37.4%
5 Year102.1%98.1%132.5%105.9%61.6%43.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is GN Store Nord undervalued based on future cash flows and its price relative to the stock market?

29.13x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

GN Store Nord's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

GN Store Nord's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

GN Store Nord is good value based on earnings compared to the US Medical Equipment industry average.

GN Store Nord is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

GN Store Nord is poor value based on expected growth next year.


Price Based on Value of Assets

GN Store Nord is overvalued based on assets compared to the US Medical Equipment industry average.


Next Steps

Future Growth

How is GN Store Nord expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

GN Store Nord's revenue is expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).

GN Store Nord's earnings are expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).

GN Store Nord's revenue growth is expected to exceed the United States of America market average.

GN Store Nord's earnings growth is positive but not above the United States of America market average.

GN Store Nord's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

GN Store Nord is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has GN Store Nord performed over the past 5 years?

12.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GN Store Nord's year on year earnings growth rate has been positive over the past 5 years.

GN Store Nord's 1-year earnings growth exceeds its 5-year average (13.1% vs 12.8%)

GN Store Nord's earnings growth has not exceeded the US Medical Equipment industry average in the past year (13.1% vs 28.9%).


Return on Equity

Whilst GN Store Nord has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

GN Store Nord used its assets more efficiently than the US Medical Equipment industry average last year based on Return on Assets.


Return on Capital Employed

GN Store Nord has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is GN Store Nord's financial position?


Financial Position Analysis

GN Store Nord's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

GN Store Nord's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

GN Store Nord's level of debt (115.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (30.7% vs 115.4% today).

Debt is well covered by operating cash flow (37.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 23.5x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.8x debt.


Next Steps

Dividend

What is GN Store Nord's current dividend yield, its reliability and sustainability?

0.67%

Expected Dividend Yield


Dividend Yield and Payments Analysis

GN Store Nord's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

GN Store Nord's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

GN Store Nord is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

GN Store Nord is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of GN Store Nord's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of GN Store Nord's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of GN Store Nord's salary, the management and board of directors tenure and is there insider trading?

8.0yrs

Average board tenure


CEO

René Svendsen-Tune (64yo)

0yrs

Tenure

ø15,000,000

Compensation

Mr. René Svendsen-Tune serves as Chief Executive Officer at GN Store Nord A/S. Mr. Svendsen-Tune has been the Chief Executive Officer and President of GN Audio A/S since April 01, 2015 and serves as its Ch ...


CEO Compensation Analysis

René's remuneration is lower than average for companies of similar size in United States of America.

René's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

8.0yrs

Average Tenure

57yo

Average Age

The tenure for the GN Store Nord board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • René Svendsen-Tune (64yo)

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: ø15.00m
  • Marcus Desimoni (51yo)

    Chief Financial Officer

    • Tenure: 3.6yrs
    • Compensation: ø11.60m
  • Peter Justesen

    Vice President of Investor Relations & Treasury

    • Tenure: 0yrs
  • Brian Pedersen

    Chief Technical Officer

    • Tenure: 0yrs
  • Lars Andersen-Lange

    Head of Media Relations & Corporate Public Affairs

    • Tenure: 0yrs
  • Jakob Gudbrand (48yo)

    Chief Executive Officer of GN Hearing

    • Tenure: 0.6yrs

Board Members

  • Per Wold-Olsen (72yo)

    Chairman of the Board

    • Tenure: 11.7yrs
  • Wolfgang Reim (63yo)

    Independent Director

    • Tenure: 11.3yrs
  • Leo Larsen (60yo)

    Director

    • Tenure: 12.7yrs
  • Gitte Aabo (52yo)

    Director

    • Tenure: 1.4yrs
  • Bill Hoover (70yo)

    Deputy Chairman

    • Tenure: 11.7yrs
  • Morten Andersen (56yo)

    Director

    • Tenure: 8yrs
  • Ronica Wang (57yo)

    Director

    • Tenure: 4.7yrs
  • Hélène Barnekow (55yo)

    Independent Director

    • Tenure: 6.7yrs
  • Marcus Perathoner (42yo)

    Director

    • Tenure: 1.4yrs

Company Information

GN Store Nord A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GN Store Nord A/S
  • Ticker: GNND.Y
  • Exchange: OTCPK
  • Founded: 1869
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: ø37.262b
  • Listing Market Cap: ø5.488b
  • Shares outstanding: 130.02m
  • Website: https://www.gn.com

Number of Employees


Location

  • GN Store Nord A/S
  • Lautrupbjerg 7
  • Ballerup
  • Capital Region of Denmark
  • 2750
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GGND.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
GNNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
GNCPSE (OMX Nordic Exchange Copenhagen)YesOrdinary SharesDKDKKJan 1992
0K9PLSE (London Stock Exchange)YesOrdinary SharesGBDKKJan 1992
GNCBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBDKKJan 1992
GNND.YOTCPK (Pink Sheets LLC)ADRUSUSDSep 2012

Biography

GN Store Nord A/S develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally. The company operates through GN Heari ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 00:01
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.