Valuation DSV LIQUIDNET SYSTEMS

Stocks

Delayed LIQUIDNET SYSTEMS Other stock markets			5-day change	1st Jan Change
- ^DKK	-.--%		-.--%	-

06-10	Odin Norden gains 0.83 percent in May - BioMar spun off from Schouw	FW
06-08	UBS raises DSV price target to DKK 2,015 (1,945), reiterates Buy	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	357,685	238,147	248,050	358,661	381,322	373,655	-	-
Change	-	-33.42%	4.16%	44.59%	6.32%	-2.01%	-	-
Enterprise Value (EV) ¹	386,139	268,017	282,633	358,132	467,946	448,763	445,084	443,871
Change	-	-30.59%	5.45%	26.71%	30.66%	-4.1%	-0.82%	-0.27%
P/E	31.7x	14.4x	20.8x	32.5x	47.1x	35.8x	18.2x	15.2x
PBR	4.83x	3.33x	3.61x	2.88x	3.25x	2.95x	2.78x	2.64x
PEG	-	0.2x	-0.8x	-1.8x	-1.7x	1.3x	0.2x	0.8x
Capitalization / Revenue	1.96x	1.01x	1.65x	2.15x	1.54x	1.28x	1.25x	1.21x
EV / Revenue	2.12x	1.14x	1.87x	2.14x	1.89x	1.54x	1.49x	1.44x
EV / EBITDA	18.9x	8.85x	12.3x	16.4x	16.6x	12.9x	11x	10.1x
EV / EBIT	23.8x	10.6x	15.9x	22.2x	23.9x	18.3x	14.8x	13.2x
EV / FCF	30.6x	10.4x	19.6x	38.6x	24.8x	19.3x	17.7x	15x
FCF Yield	3.27%	9.66%	5.1%	2.59%	4.04%	5.19%	5.63%	6.67%
Dividend per Share ²	5.5	6.5	7	7	7	7.099	8.843	10.29
Rate of return	0.36%	0.59%	0.59%	0.46%	0.43%	0.45%	0.56%	0.66%
EPS ²	48.2	76.2	57.1	47	34.3	43.76	86.08	102.7
Distribution rate	11.4%	8.53%	12.3%	14.9%	20.4%	16.2%	10.3%	10%
Net sales ¹	182,306	235,665	150,785	167,106	247,331	291,252	298,825	307,956
EBITDA ¹	20,417	30,275	22,997	21,831	28,244	34,834	40,431	43,871
EBIT ¹	16,223	25,204	17,723	16,096	19,611	24,483	29,983	33,517
Net income ¹	11,205	17,568	12,315	10,109	8,386	10,396	19,895	22,970
Net Debt ¹	28,454	29,870	34,583	-529	86,624	75,108	71,428	70,216
Reference price ²	1,527.50	1,096.50	1,185.50	1,529.00	1,615.00	1,565.50	1,565.50	1,565.50
Nbr of stocks (in thousands)	234,164	217,188	209,237	234,572	236,113	238,681	-	-
Announcement Date	2/9/22	2/2/23	2/1/24	2/4/25	2/4/26	-	-	-

¹DKK in Million²DKK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KUEHNE UND NAGEL INTERNATIONAL AG	22.57x	1.04x	11.02x	3.45%	27.71B
HYUNDAI GLOVIS CO., LTD.	9.66x	0.44x	4.67x	2.82%	10.9B
NIPPON EXPRESS HOLDINGS, INC.	21.12x	0.69x	6.5x	1.99%	7.79B
LOGISTA HOLDINGS	16.23x	1.05x	3.99x	6.13%	5.18B
MITSUBISHI LOGISTICS CORPORATION	10.26x	1.9x	15.28x	2.49%	3.1B
KAMIGUMI CO., LTD.	15.39x	1.49x	8.78x	4.47%	2.87B
Average	15.87x	1.10x	8.37x	3.56%	9.59B
Weighted average by Cap.	18.34x	0.95x	8.69x	3.37%