0.99%
-9.54%
-14.09%
-29.62%
-44.89%
36.17%
127.30%
AI Spotlight on DNORD
Company Description
Dampskibsselskabet NORDEN A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide.The company operates through two segments: Assets & Logistics, and Freight Services & Trading.The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to dry operators, tanker operators, and third parties.
The Freight Services & Trading segment engages in the transportation of bulk commodities, such as grain, coal, iron ore, and sugar; and fuel oil and refined oil products, as well as charters vessels from third parties or from Assets & Logistics at market rates.The company operates 329 dry cargo vessels; and 128 product tanker vessels.Dampskibsselskabet NORDEN A/S was founded in 1871 and is headquartered in Hellerup, Denmark.
Market Data
| Last Price | 204.8 |
| Change Percentage | 0.99% |
| Open | 203.2 |
| Previous Close | 202.8 |
| Market Cap ( Millions) | 6218 |
| Volume | 70352 |
| Year High | 371.6 |
| Year Low | 192.6 |
| M A 50 | 210.4 |
| M A 200 | 264.08 |
Financial Ratios
| FCF Yield | -15.69% |
| Dividend Yield | 7.81% |
| ROE | 14.32% |
| Debt / Equity | 52.52% |
| Net Debt / EBIDTA | 208.49% |
| Price To Book | 0.69 |
| Price Earnings Ratio | 4.9 |
| Price To FCF | -6.37 |
| Price To sales | 0.22 |
| EV / EBITDA | 5.96 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Freight Services and Trading
Expected Growth : 4.83 %
What the company do ?
Dampskibsselskabet Norden A/S provides freight services and trading, offering a range of logistics solutions for the transportation of goods, including chartering, brokerage, and project cargo services.
Why we expect these perspectives ?
The 4.83% growth in Freight Services and Trading of Dampskibsselskabet Norden A/S is driven by increasing global trade volumes, rising demand for dry bulk commodities, and Norden's strategic expansion into new markets. Additionally, the company's focus on operational efficiency, cost savings, and fleet optimization have contributed to the growth.
Segment n°2 -> Assets and Logistics
Expected Growth : 4.65 %
What the company do ?
Assets and Logistics from Dampskibsselskabet Norden A/S refers to the company's management of its fleet of vessels, cargo, and supply chain operations to ensure efficient transportation of goods.
Why we expect these perspectives ?
Dampskibsselskabet Norden A/S's 4.65% growth in Assets and Logistics is driven by increasing global trade, rising demand for dry bulk shipping, and strategic investments in fleet modernization and digitalization. Additionally, the company's focus on operational efficiency, cost savings, and sustainable practices have contributed to its growth momentum.
Dampskibsselskabet Norden A/S Products
| Product Range | What is it ? |
|---|---|
| Dry Bulk | Dampskibsselskabet Norden A/S provides dry bulk shipping services, transporting a wide range of dry bulk commodities such as iron ore, coal, and grains. |
| Wet Bulk | The company offers wet bulk shipping services, carrying liquid cargoes such as crude oil, petroleum products, and chemicals. |
| Container Shipping | Norden provides container shipping services, offering door-to-door transportation of goods in containers. |
| Project Cargo | The company specializes in transporting oversized and heavy project cargo, such as wind turbines and construction equipment. |
| Tanker Chartering | Norden offers tanker chartering services, providing vessels for the transportation of oil and petroleum products. |
| Ship Management | The company provides ship management services, including technical management, crew management, and commercial management. |
Dampskibsselskabet Norden A/S's Porter Forces
Threat Of Substitutes
The threat of substitutes for Dampskibsselskabet Norden A/S is medium, as there are some alternatives to shipping, such as air freight and rail transport, but they are not as cost-effective or efficient.
Bargaining Power Of Customers
The bargaining power of customers is low, as Dampskibsselskabet Norden A/S has a diverse customer base and no single customer has a significant impact on the company's revenue.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium, as Dampskibsselskabet Norden A/S relies on a few large suppliers for fuel and other essential services, but has some flexibility to negotiate prices.
Threat Of New Entrants
The threat of new entrants is low, as entering the shipping industry requires significant capital investment and regulatory compliance, making it difficult for new companies to enter the market.
Intensity Of Rivalry
The intensity of rivalry is high, as the shipping industry is highly competitive, with many established players competing for market share and customers.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 33.44% |
| Debt Cost | 6.11% |
| Equity Weight | 66.56% |
| Equity Cost | 6.11% |
| WACC | 6.11% |
| Leverage | 50.24% |
Dampskibsselskabet Norden A/S : Quality Control
Dampskibsselskabet Norden A/S passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GCC.OL | Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It … |
| HXCK.DE | Ernst Russ AG is a publicly owned investment manager. It invest in shipping, alternative investments, real estate, private equity and renewable energy. Within ship participation, the firm invests in part-owning … |
| GSL | Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships … |
| NMM | Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry … |
| CMRE | Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Gram Car Carriers
A-Score
1-Year Total Return ->
🥈
Costamare
A-Score
1-Year Total Return ->
🥉
Global Ship Lease
A-Score
1-Year Total Return ->
4
Ernst Russ
A-Score
1-Year Total Return ->
5
Norden
A-Score
1-Year Total Return ->
6
