Topdanmark A/S Logo

Topdanmark A/S

TOP.CO

(2.0)
Stock Price

364,60 DKK

5.96% ROA

23.57% ROE

29.46x PER

Market Cap.

32.411.865.200,00 DKK

27.42% DER

3.15% Yield

9.55% NPM

Topdanmark A/S Stock Analysis

Topdanmark A/S Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Topdanmark A/S Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (23.79%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a minimal amount of debt (43%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROA

The stock's ROA (6.51%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (2.739) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (6.39x) suggests it's overvalued, potentially making it an expensive investment.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Topdanmark A/S Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Topdanmark A/S Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Topdanmark A/S Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Topdanmark A/S Revenue
Year Revenue Growth
2002 7.499.000.000
2003 8.442.000.000 11.17%
2004 12.389.000.000 31.86%
2005 14.735.000.000 15.92%
2006 14.399.000.000 -2.33%
2007 13.782.000.000 -4.48%
2008 6.349.000.000 -117.07%
2009 13.556.000.000 53.16%
2010 15.066.000.000 10.02%
2011 12.951.000.000 -16.33%
2012 15.728.000.000 17.66%
2013 13.188.000.000 -19.26%
2014 13.880.000.000 4.99%
2015 11.861.000.000 -17.02%
2016 20.004.000.000 40.71%
2017 20.918.000.000 4.37%
2018 16.708.000.000 -25.2%
2019 29.454.000.000 43.27%
2020 26.213.000.000 -12.36%
2021 31.231.000.000 16.07%
2022 7.881.000.000 -296.28%
2023 10.116.000.000 22.09%
2023 10.682.000.000 5.3%
2024 11.912.000.000 10.33%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Topdanmark A/S Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Topdanmark A/S General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 0 0%
2004 574.000.000 100%
2005 593.000.000 3.2%
2006 620.000.000 4.35%
2007 668.000.000 7.19%
2008 180.000.000 -271.11%
2009 0 0%
2010 731.000.000 100%
2011 744.000.000 1.75%
2012 736.000.000 -1.09%
2013 690.000.000 -6.67%
2014 720.000.000 4.17%
2015 737.000.000 2.31%
2016 757.000.000 2.64%
2017 770.000.000 1.69%
2018 778.000.000 1.03%
2019 853.000.000 8.79%
2020 925.000.000 7.78%
2021 909.000.000 -1.76%
2022 559.000.000 -62.61%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Topdanmark A/S EBITDA
Year EBITDA Growth
2002 323.000.000
2003 1.209.000.000 73.28%
2004 1.240.000.000 2.5%
2005 1.632.000.000 24.02%
2006 2.326.000.000 29.84%
2007 1.750.000.000 -32.91%
2008 179.000.000 -877.65%
2009 2.087.000.000 91.42%
2010 1.587.000.000 -31.51%
2011 1.462.000.000 -8.55%
2012 2.424.000.000 39.69%
2013 1.953.000.000 -24.12%
2014 2.079.000.000 6.06%
2015 1.542.000.000 -34.82%
2016 2.021.000.000 23.7%
2017 2.314.000.000 12.66%
2018 1.783.000.000 -29.78%
2019 1.742.000.000 -2.35%
2020 1.172.000.000 -48.63%
2021 2.460.000.000 52.36%
2022 2.329.000.000 -5.62%
2023 1.388.000.000 -67.8%
2023 1.423.000.000 2.46%
2024 -172.000.000 927.33%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Topdanmark A/S Gross Profit
Year Gross Profit Growth
2002 7.499.000.000
2003 8.442.000.000 11.17%
2004 12.389.000.000 31.86%
2005 14.735.000.000 15.92%
2006 14.399.000.000 -2.33%
2007 13.782.000.000 -4.48%
2008 6.349.000.000 -117.07%
2009 13.556.000.000 53.16%
2010 15.066.000.000 10.02%
2011 12.951.000.000 -16.33%
2012 15.728.000.000 17.66%
2013 13.188.000.000 -19.26%
2014 13.880.000.000 4.99%
2015 11.861.000.000 -17.02%
2016 20.004.000.000 40.71%
2017 20.918.000.000 4.37%
2018 16.708.000.000 -25.2%
2019 29.454.000.000 43.27%
2020 26.213.000.000 -12.36%
2021 31.231.000.000 16.07%
2022 7.881.000.000 -296.28%
2023 10.116.000.000 22.09%
2023 10.682.000.000 5.3%
2024 12.076.000.000 11.54%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Topdanmark A/S Net Profit
Year Net Profit Growth
2002 184.000.000
2003 1.001.000.000 81.62%
2004 776.000.000 -28.99%
2005 1.188.000.000 34.68%
2006 1.692.000.000 29.79%
2007 1.271.000.000 -33.12%
2008 -189.000.000 772.49%
2009 1.446.000.000 113.07%
2010 1.168.000.000 -23.8%
2011 1.023.000.000 -14.17%
2012 1.823.000.000 43.88%
2013 1.468.000.000 -24.18%
2014 1.558.000.000 5.78%
2015 1.132.000.000 -37.63%
2016 1.536.000.000 26.3%
2017 1.733.000.000 11.37%
2018 1.331.000.000 -30.2%
2019 1.547.000.000 13.96%
2020 1.124.000.000 -37.63%
2021 2.138.000.000 47.43%
2022 960.000.000 -122.71%
2023 1.044.000.000 8.05%
2023 1.051.000.000 0.67%
2024 1.228.000.000 14.41%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Topdanmark A/S Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 4 75%
2004 4 -33.33%
2005 6 50%
2006 9 33.33%
2007 8 -28.57%
2008 -1 800%
2009 9 111.11%
2010 8 -28.57%
2011 7 0%
2012 14 50%
2013 13 -16.67%
2014 14 14.29%
2015 12 -27.27%
2016 17 31.25%
2017 20 20%
2018 15 -33.33%
2019 18 11.76%
2020 13 -41.67%
2021 24 50%
2022 11 -140%
2023 12 9.09%
2023 12 0%
2024 14 15.38%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Topdanmark A/S Free Cashflow
Year Free Cashflow Growth
2002 1.545.000.000
2003 2.970.000.000 47.98%
2004 2.326.000.000 -27.69%
2005 2.084.000.000 -11.61%
2006 2.547.000.000 18.18%
2007 4.143.000.000 38.52%
2008 4.079.000.000 -1.57%
2009 4.039.000.000 -0.99%
2010 1.008.000.000 -300.69%
2011 862.000.000 -16.94%
2012 1.660.000.000 48.07%
2013 1.373.000.000 -20.9%
2014 1.450.000.000 5.31%
2015 932.000.000 -55.58%
2016 1.171.000.000 20.41%
2017 1.385.000.000 15.45%
2018 831.000.000 -66.67%
2019 9.222.000.000 90.99%
2020 5.606.000.000 -64.5%
2021 3.918.000.000 -43.08%
2022 623.000.000 -528.89%
2023 -111.000.000 661.26%
2023 670.000.000 116.57%
2024 -572.000.000 217.13%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Topdanmark A/S Operating Cashflow
Year Operating Cashflow Growth
2002 1.906.000.000
2003 2.999.000.000 36.45%
2004 2.456.000.000 -22.11%
2005 2.492.000.000 1.44%
2006 2.649.000.000 5.93%
2007 4.741.000.000 44.13%
2008 4.897.000.000 3.19%
2009 4.256.000.000 -15.06%
2010 1.168.000.000 -264.38%
2011 1.023.000.000 -14.17%
2012 1.823.000.000 43.88%
2013 1.468.000.000 -24.18%
2014 1.558.000.000 5.78%
2015 1.132.000.000 -37.63%
2016 1.536.000.000 26.3%
2017 1.733.000.000 11.37%
2018 1.331.000.000 -30.2%
2019 9.980.000.000 86.66%
2020 6.002.000.000 -66.28%
2021 4.453.000.000 -34.79%
2022 960.000.000 -363.85%
2023 0 0%
2023 1.183.000.000 100%
2024 -454.000.000 360.57%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Topdanmark A/S Capital Expenditure
Year Capital Expenditure Growth
2002 361.000.000
2003 29.000.000 -1144.83%
2004 130.000.000 77.69%
2005 408.000.000 68.14%
2006 102.000.000 -300%
2007 598.000.000 82.94%
2008 818.000.000 26.89%
2009 217.000.000 -276.96%
2010 160.000.000 -35.63%
2011 161.000.000 0.62%
2012 163.000.000 1.23%
2013 95.000.000 -71.58%
2014 108.000.000 12.04%
2015 200.000.000 46%
2016 365.000.000 45.21%
2017 348.000.000 -4.89%
2018 500.000.000 30.4%
2019 758.000.000 34.04%
2020 396.000.000 -91.41%
2021 535.000.000 25.98%
2022 337.000.000 -58.75%
2023 111.000.000 -203.6%
2023 513.000.000 78.36%
2024 118.000.000 -334.75%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Topdanmark A/S Equity
Year Equity Growth
2002 3.321.000.000
2003 3.612.000.000 8.06%
2004 2.950.000.000 -22.44%
2005 3.584.000.000 17.69%
2006 3.977.000.000 9.88%
2007 3.368.000.000 -18.08%
2008 2.895.000.000 -16.34%
2009 4.117.000.000 29.68%
2010 4.552.000.000 9.56%
2011 4.566.000.000 0.31%
2012 5.368.000.000 14.94%
2013 5.185.000.000 -3.53%
2014 5.135.000.000 -0.97%
2015 4.673.000.000 -9.89%
2016 4.703.000.000 0.64%
2017 6.191.000.000 24.03%
2018 6.016.000.000 -2.91%
2019 6.397.000.000 5.96%
2020 6.879.000.000 7.01%
2021 7.399.000.000 7.03%
2022 6.498.000.000 -13.87%
2023 4.721.000.000 -37.64%
2023 4.583.000.000 -3.01%
2024 4.256.000.000 -7.68%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Topdanmark A/S Assets
Year Assets Growth
2002 27.029.000.000
2003 29.535.000.000 8.48%
2004 34.560.000.000 14.54%
2005 41.098.000.000 15.91%
2006 43.640.000.000 5.82%
2007 44.645.000.000 2.25%
2008 52.035.000.000 14.2%
2009 56.554.000.000 7.99%
2010 57.542.000.000 1.72%
2011 61.013.000.000 5.69%
2012 59.435.000.000 -2.66%
2013 61.092.000.000 2.71%
2014 64.516.000.000 5.31%
2015 67.670.000.000 4.66%
2016 73.476.000.000 7.9%
2017 80.958.000.000 9.24%
2018 83.224.000.000 2.72%
2019 98.442.000.000 15.46%
2020 109.288.000.000 9.92%
2021 120.368.000.000 9.21%
2022 23.024.000.000 -422.79%
2023 21.826.000.000 -5.49%
2023 21.791.000.000 -0.16%
2024 22.710.000.000 4.05%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Topdanmark A/S Liabilities
Year Liabilities Growth
2002 27.029.000.000
2003 29.535.000.000 8.48%
2004 31.610.000.000 6.56%
2005 37.514.000.000 15.74%
2006 39.663.000.000 5.42%
2007 41.277.000.000 3.91%
2008 49.140.000.000 16%
2009 52.437.000.000 6.29%
2010 52.990.000.000 1.04%
2011 56.447.000.000 6.12%
2012 54.067.000.000 -4.4%
2013 55.907.000.000 3.29%
2014 59.381.000.000 5.85%
2015 62.997.000.000 5.74%
2016 68.773.000.000 8.4%
2017 74.767.000.000 8.02%
2018 77.208.000.000 3.16%
2019 92.045.000.000 16.12%
2020 102.409.000.000 10.12%
2021 112.969.000.000 9.35%
2022 16.526.000.000 -583.58%
2023 2.570.000.000 -543.04%
2023 2.337.000.000 -9.97%
2024 18.454.000.000 87.34%

Topdanmark A/S Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
129.81
Net Income per Share
12.4
Price to Earning Ratio
29.46x
Price To Sales Ratio
2.81x
POCF Ratio
28.45
PFCF Ratio
54.57
Price to Book Ratio
7.63
EV to Sales
2.86
EV Over EBITDA
70.31
EV to Operating CashFlow
28.96
EV to FreeCashFlow
55.63
Earnings Yield
0.03
FreeCashFlow Yield
0.02
Market Cap
32,41 Bil.
Enterprise Value
33,05 Bil.
Graham Number
115.55
Graham NetNet
-197.69

Income Statement Metrics

Net Income per Share
12.4
Income Quality
1.26
ROE
0.24
Return On Assets
0.05
Return On Capital Employed
0.18
Net Income per EBT
0.74
EBT Per Ebit
0.37
Ebit per Revenue
0.35
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.35
Pretax Profit Margin
0.13
Net Profit Margin
0.1

Dividends

Dividend Yield
0.03
Dividend Yield %
3.15
Payout Ratio
0.93
Dividend Per Share
11.5

Operating Metrics

Operating Cashflow per Share
12.83
Free CashFlow per Share
6.68
Capex to Operating CashFlow
0.48
Capex to Revenue
0.05
Capex to Depreciation
0
Return on Invested Capital
0.55
Return on Tangible Assets
0.06
Days Sales Outstanding
0
Days Payables Outstanding
-136100.49
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
-0
Inventory Turnover
0
Capex per Share
6.15

Balance Sheet

Cash per Share
9,90
Book Value per Share
47,87
Tangible Book Value per Share
0.46
Shareholders Equity per Share
47.87
Interest Debt per Share
14.06
Debt to Equity
0.27
Debt to Assets
0.05
Net Debt to EBITDA
1.35
Current Ratio
11.59
Tangible Asset Value
0,04 Bil.
Net Current Asset Value
-17,92 Bil.
Invested Capital
5569000000
Working Capital
0,49 Bil.
Intangibles to Total Assets
0.19
Average Receivables
0,00 Bil.
Average Payables
15,62 Bil.
Average Inventory
0
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Topdanmark A/S Dividends
Year Dividends Growth
2018 19
2019 15 -26.67%
2020 9 -87.5%
2021 12 27.27%
2022 11 0%
2023 20 45%
2024 12 -81.82%

Topdanmark A/S Profile

About Topdanmark A/S

Topdanmark A/S, together with its subsidiaries, offers life and non-life insurance products and services in Denmark. The company operates through Private and SME segments. It offers illness and accident, health, workers' compensation, motor, fire and property, liability, tourist assistance, and other insurance products, as well as life insurance and pension fund schemes to individual households, agricultural and SME businesses, and private customers under the Topdanmark brands. The company also provides IT, investments, and property services. Topdanmark A/S was founded in 1728 and is headquartered in Ballerup, Denmark.

CEO
Mr. Peter Hermann
Employee
2.100
Address
Borupvang 4
Ballerup, 2750

Topdanmark A/S Executives & BODs

Topdanmark A/S Executives & BODs
# Name Age
1 Mr. Peter Hermann
Chief Executive Officer & Member of Executive Board
70
2 Mr. Lars Kufall Beck
Chief Financial Officer & Member of Executive Board
70
3 Mr. Rasmus Ruby-Johansen
Chief Operating Officer
70
4 Mr. Robin Hjelgaard Løfgren
Head of Investor Relations
70
5 Hans Thomassen
Head of Finance
70
6 Pernille Fogh Christensen
Head of Corporate Social Responsibility
70
7 Mr. Jens Elborg
Head of Reassurance
70
8 Ms. Monica Diaz
C.C.O.
70
9 Mr. Carsten Elmose
C.C.O.
70
10 Mr. Niels Olesen
Head of Accounting
70

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