-1.64%
1.15%
2.19%
6.27%
27.92%
17.19%
58.21%
AI Spotlight on SKIS
Company Description
SkiStar AB (publ) owns and operates Alpine mountain resorts in Sweden, Norway, and Austria.The company operates in three segments: Operation of Mountain Resorts; Property Development & Exploitation; and Operation of Hotels.It offers skiing/ski lifts/ski passes, accommodation, ski rental, and property services.
The company also operates ski schools; and sporting goods in stores and Skistarshop.com, an online store.In addition, it organizes events, as well as engages in advertising sales, kiosks, and Ski Direct card businesses; and offers climbing parks, trail cycling, padel courts, and crazy golf facilities.Further, the company is involved in the investment, development, and sale of lands and other properties; sale of unit weeks in Vacation Club; rental of accommodation; and invests in snow parks.
Additionally, it operates hotels under the SkiStar brand name that provides accommodation, restaurants, and other goods and services.The company operates a network of 29 ski rental outlets, including nine in Sälen, nine in Åre, six in Vemdalen, two in Hemsedal, and three in Trysil; and two sporting goods stores in Sälen and Vemdalen, as well as owns and operates SkiStarShop Concept Stores in Åre and Hemseda.SkiStar AB (publ) is headquartered in Sälen, Sweden.
Market Data
| Last Price | 167.7 |
| Change Percentage | -1.64% |
| Open | 170.5 |
| Previous Close | 170.5 |
| Market Cap ( Millions) | 12532 |
| Volume | 27461 |
| Year High | 176 |
| Year Low | 122.2 |
| M A 50 | 165.67 |
| M A 200 | 159.58 |
Financial Ratios
| FCF Yield | 5.59% |
| Dividend Yield | 1.68% |
| ROE | 12.22% |
| Debt / Equity | 119.98% |
| Net Debt / EBIDTA | 279.88% |
| Price To Book | 4.0 |
| Price Earnings Ratio | 29.35 |
| Price To FCF | 17.89 |
| Price To sales | 2.72 |
| EV / EBITDA | 11.75 |
News
- Dec -20 - SkiStar AB (FRA:3AJ) Q1 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
- Dec -19 - SkiStar AB Interim Report September 2024-November 2024
- Dec -18 - SkiStar appoints Sara Jinnerot Uggelberg as new CFO
- Dec -14 - Bulletin from Annual General Meeting of SkiStar AB
- Dec -12 - Invitation to conference call with web presentation of SkiStar AB's Interim Report for the First Quarter 2024/25
- Nov -20 - SkiStar publishes Annual and Sustainability Report for 2023/24
- Nov -06 - Notice to Annual General Meeting of SkiStar AB
- Oct -04 - Martin Almgren is leaving as CFO for SkiStar
- Oct -02 - SkiStar AB (FRA:3AJ) Q4 2024 Earnings Call Transcript Highlights: Strong Organic Growth and ...
- Oct -01 - SkiStar AB Year-End Report September 2023-August 2024
- Sep -24 - Invitation to conference call with web presentation of SkiStar AB's Year-End Report for 2023/24
- Jun -20 - SkiStar AB Interim Report September 2023-May 2024
- Jun -13 - Invitation to conference call with web presentation of SkiStar AB's interim report for third quarter 2023/24
- Apr -25 - Vegard Søraunet declines re-election to SkiStar's board of directors at the annual general meeting in December
- Mar -20 - SkiStar AB Half-Year Report September 2023 - February 2024
- Mar -13 - Invitation to conference call with web presentation of SkiStar AB's Half-Year Report for 2023/24
- Feb -08 - Additional employee representative appointed to SkiStar's board of directors
- Dec -29 - Employee Representative resigns from SkiStar's Board
- Dec -19 - SkiStar AB Interim Report September 2023 - November 2023
- Dec -12 - Invitation to conference call with web presentation of SkiStar AB's Interim Report for the First Quarter 2023/24
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Mountain Resorts
Expected Growth : 5 %
What the company do ?
Mountain Resorts from SkiStar AB (publ) offers a range of ski resorts in Sweden, Norway, and Austria, providing skiing, accommodations, and activities for a winter vacation experience.
Why we expect these perspectives ?
SkiStar AB's Mountain Resorts segment growth is driven by increasing demand for winter sports, strategic acquisitions, and investments in digitalization and sustainability. Additionally, the company's focus on enhancing customer experience through improved infrastructure and services, as well as its strong brand recognition, contribute to its 5% growth.
Segment n°2 -> Hotels
Expected Growth : 3 %
What the company do ?
Hotels from SkiStar AB (publ) offer luxurious accommodations at Scandinavian ski resorts, providing easy access to slopes and winter activities.
Why we expect these perspectives ?
SkiStar AB's hotel segment growth is driven by increasing demand for ski resorts, strategic expansion into new markets, and investments in digitalization and sustainability. Additionally, the company's focus on providing unique experiences, such as ski-in/ski-out accommodations and high-quality amenities, contributes to its growth.
Segment n°3 -> Property Development and Exploration
Expected Growth : 4 %
What the company do ?
Property Development and Exploration from SkiStar AB (publ) involves developing and managing ski resorts, including construction of new facilities, and exploring opportunities for expansion and growth.
Why we expect these perspectives ?
SkiStar AB's Property Development and Exploration segment growth is driven by increasing demand for ski resorts and vacation homes, strategic land acquisitions, and expansion into new markets. Additionally, investments in digitalization and sustainability initiatives enhance the customer experience, attracting more visitors and driving revenue growth.
Skistar Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| Ski Passes | SkiStar AB offers a range of ski passes for individuals, families, and groups, providing access to its ski resorts in Sweden, Norway, and Austria. |
| Accommodation | SkiStar AB offers a variety of accommodation options, including hotels, apartments, and chalets, located in or near its ski resorts. |
| Ski Rentals | SkiStar AB provides ski rental services, offering a range of skis, snowboards, and equipment for all skill levels. |
| Ski Lessons | SkiStar AB offers private and group ski lessons for adults and children, taught by certified instructors. |
| Food and Beverage | SkiStar AB operates a range of restaurants, cafes, and bars within its ski resorts, offering a variety of dining options. |
| Activities and Events | SkiStar AB organizes and hosts various activities and events throughout the winter season, including concerts, fireworks, and ski competitions. |
SkiStar AB (publ)'s Porter Forces
Threat Of Substitutes
SkiStar AB (publ) operates in a niche market, offering ski resort experiences in Sweden, Norway, and Austria. While there are substitutes such as other leisure activities, the unique experience offered by SkiStar AB (publ) reduces the threat of substitutes.
Bargaining Power Of Customers
Individual customers have limited bargaining power due to the unique nature of SkiStar AB (publ)'s offerings. However, large tour operators and travel agencies may have some bargaining power.
Bargaining Power Of Suppliers
SkiStar AB (publ) relies on various suppliers for goods and services, including food and beverage providers, equipment suppliers, and maintenance services. While some suppliers may have bargaining power, SkiStar AB (publ)'s size and scale mitigate this risk.
Threat Of New Entrants
Entering the ski resort industry requires significant investment in infrastructure, equipment, and staff. This barrier to entry reduces the threat of new entrants.
Intensity Of Rivalry
The ski resort industry is highly competitive, with several established players in the market. SkiStar AB (publ) competes with other ski resorts in Sweden, Norway, and Austria, which increases the intensity of rivalry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 55.26% |
| Debt Cost | 3.95% |
| Equity Weight | 44.74% |
| Equity Cost | 8.13% |
| WACC | 5.82% |
| Leverage | 123.53% |
SkiStar AB (publ) : Quality Control
SkiStar AB (publ) passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GAMB | Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting. It publishes various … |
| GIG.OL | Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. The company … |
| PTEC.L | Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including casino, live casino, sports betting, virtual sports, … |
| BETS-B.ST | Betsson AB, through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally. It offers poker, casino, … |
| PARP.PA | Groupe Partouche SA, through its subsidiaries, operates casinos, hotels, restaurants, dancehalls, and bars in France, other European countries, and internationally. The company operates through three divisions: Casino, Hotel, and Other … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Betsson
A-Score
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SkiStar
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Playtech
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4
Gambling.com
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5
Partouche
A-Score
1-Year Total Return ->
6
