Financials Fast Ejendom Danmark A/S

Equities

FED

DK0060522746

Real Estate Development & Operations

Market Closed - Nasdaq Copenhagen 10:52:21 2024-05-03 am EDT 5-day change 1st Jan Change
113 DKK +0.89% Intraday chart for Fast Ejendom Danmark A/S +4.63% -1.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 229.4 341.4 305.9 362.5 347.1 299.8
Enterprise Value (EV) 1 731.1 920.9 934.2 975.9 939.1 1,013
P/E ratio 6.9 x 7.58 x 11.9 x 4.71 x 3.06 x 8.03 x
Yield - - - - - -
Capitalization / Revenue 3.18 x 4.49 x 4.72 x 4.68 x 4.51 x 3.2 x
EV / Revenue 10.1 x 12.1 x 14.4 x 12.6 x 12.2 x 10.8 x
EV / EBITDA - 27,045,382 x 39,116,594 x 26,110,764 x 24,542,066 x 17,778,927 x
EV / FCF 61.5 x 52.5 x 52.2 x -16.2 x 10.7 x 77.1 x
FCF Yield 1.63% 1.91% 1.92% -6.18% 9.37% 1.3%
Price to Book 0.66 x 0.88 x 0.75 x 0.75 x 0.58 x 0.47 x
Nbr of stocks (in thousands) 2,652 2,606 2,571 2,571 2,571 2,607
Reference price 2 86.50 131.0 119.0 141.0 135.0 115.0
Announcement Date 3/6/19 3/5/20 3/11/21 3/10/22 3/14/23 3/14/24
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 72.16 76.04 64.86 77.5 77.02 93.63
EBITDA - 34.05 23.88 37.38 38.26 56.98
EBIT 1 33.2 33.98 23.66 36.61 37.12 55.86
Operating Margin 46.01% 44.69% 36.49% 47.23% 48.19% 59.66%
Earnings before Tax (EBT) 1 42.46 57.75 34.41 110.2 148 39.66
Net income 1 33.43 45.48 25.86 77 113.5 37.25
Net margin 46.33% 59.81% 39.88% 99.36% 147.4% 39.78%
EPS 2 12.54 17.28 10.04 29.91 44.05 14.33
Free Cash Flow 1 11.89 17.56 17.91 -60.29 88 13.14
FCF margin 16.48% 23.09% 27.61% -77.79% 114.26% 14.03%
FCF Conversion (EBITDA) - 51.55% 74.97% - 229.98% 23.05%
FCF Conversion (Net income) 35.58% 38.6% 69.23% - 77.52% 35.27%
Dividend per Share - - - - - -
Announcement Date 3/6/19 3/5/20 3/11/21 3/10/22 3/14/23 3/14/24
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 502 580 628 613 592 713
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - 17.02 x 26.31 x 16.41 x 15.47 x 12.52 x
Free Cash Flow 1 11.9 17.6 17.9 -60.3 88 13.1
ROE (net income / shareholders' equity) 10.1% 12.5% 6.53% 17.2% 21% 6.01%
ROA (Net income/ Total Assets) 2.15% 2.08% 1.33% 1.89% 1.74% 2.37%
Assets 1 1,557 2,183 1,938 4,070 6,534 1,571
Book Value Per Share 2 130.0 148.0 159.0 189.0 233.0 245.0
Cash Flow per Share 2 30.40 15.30 14.50 23.00 25.90 16.10
Capex 1 0.16 0.25 1.83 1.82 0.69 0.18
Capex / Sales 0.22% 0.32% 2.82% 2.34% 0.9% 0.19%
Announcement Date 3/6/19 3/5/20 3/11/21 3/10/22 3/14/23 3/14/24
1DKK in Million2DKK
Estimates
  1. Stock Market
  2. Equities
  3. FED Stock
  4. Financials Fast Ejendom Danmark A/S