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Skel fjarfestingafelag hf.

Skel fjarfestingafelag hf.

IICE:SKEL
16.60
ISK
0.00
(0.00%)
23.62BMarket Cap
Skel fjarfestingafelag hf.
ICE:SKEL
(Nasdaq Iceland)

Recent

price

16.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
ISK
20.12
16.99
22.48
14.06
20.55
26.43
23.17
25.4
13.05
16.87
- -
- -
- -
- -
- -
Revenue per Share
0.03
0.03
0.3
0.1
0.56
0.54
0.76
0.68
0.39
3.15
9.05
2.81
3.6
2.29
- -
Basic EPS, GAAP
0.71
0.15
0.79
0.55
0.45
0.2
-0.33
1.92
0.38
1.53
-2.27
-0.64
-0.76
-0.74
- -
Free Cash Flow per Basic Share
- -
0.07
0.29
- -
- -
- -
0.24
- -
0.31
0.18
0.26
0.31
0.4
3.2
- -
Dividend per Share
2.71
2.63
3.86
3.56
3.39
3.93
4.31
4.85
5.31
8.34
17.27
19.43
23.28
22.39
18.05
Book Value per Share
1.95
1.99
1.76
1.58
1.59
1.98
2.35
2.74
2.77
6.62
17.27
19.43
23.28
22.39
18.05
Tangible Book Value per Share
1,669
1,811
1,903
2,620
2,234
2,102
2,055
2,015
1,965
1,936
1,936
1,923
1,876
1,876
1,945
Basic Weighted Avg Shares
33,564
30,780
42,768
36,842
45,911
55,564
47,619
51,181
25,643
32,665
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
2.05
3.37
3.94
1.73
4.2
2.99
4.53
4.07
-0.62
1.57
- -
- -
- -
- -
- -
Operating Margin (%)
726
627
939
1,843
714
831
888
1,093
1,307
894
35
8
11
- -
- -
Depreciation Expense
50
54
571
273
1,262
1,143
1,567
1,372
759
6,107
17,517
5,410
6,754
4,297
- -
Net Income, GAAP
- -
20.57
19.85
6.33
19.25
18.71
18.66
20.26
- -
13.32
7.18
- -
- -
- -
- -
Effective Tax Rate (%)
0.15
0.18
1.33
0.74
2.75
2.06
3.29
2.68
2.96
18.7
- -
- -
- -
- -
- -
Profit Margin (%)
1,236
619
114
-596
-1,316
-588
339
199
-499
8,622
9,130
10,139
2,781
-6,276
6,789
Working Capital
7,258
6,348
6,886
5,298
4,486
4,875
5,613
6,873
7,313
2,725
57
5,030
9,790
4,728
1,994
LT Debt
5,697
5,530
8,097
7,478
7,112
7,881
9,004
9,822
9,922
16,329
33,430
37,610
43,728
42,064
34,946
Total Equity
- -
6.22
10.53
5.02
11.69
9.95
11.27
9
- -
26.72
-1.48
- -
- -
- -
- -
Return on Invested Capital (%)
- -
4.89
8
5.36
12.12
10.43
11.23
9.24
- -
27.57
56.92
- -
- -
- -
- -
Return on Capital (%)
- -
0.97
8.38
3.51
17.3
15.26
18.75
14.85
7.87
47.32
70.67
15.23
16.61
10.02
- -
Return on Common Equity (%)

Capital Structure

ISK

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
ST Debt
- -
2,515
2,487
LT Borrowings
- -
57
1,994
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,936
1,936
1,936
Market Capitalization
31,363
30,395
23,619

Working Capital

ISK

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
Total Current Assets
7,180
12,134
11,923
Cash, Cash Equivalents & STI
5,619
9,652
9,562
Accounts Receivable, Net
1,561
26
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
3,004
5,134
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,515
2,487
Deferred Revenue
- -
- -
- -

Growth Rates

ISK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.45%
38.85%
-3.81%
Free Cash Flow
-111.49%
-1.25%
-2.88%
Net Income, GAAP
114.33%
162.16%
-36.38%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
149.24%
700%

Semi-annual Revenue

ISK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

ISK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.6
2025
- -
- -
2.29
2026
- -
- -
- -

Semi-annual Dividends Per Share

ISK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.4
2025
- -
- -
3.2
2026
- -
- -
- -
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Business
Skel fjárfestingafélag hf. (SKEL.IC) operates as an investment company focused on managing and growing a diversified portfolio of assets in Iceland. The company offers investment management services, including equity investments, real estate holdings, and financial advisory; it also engages in strategic asset allocation across sectors such as construction materials, energy, and consumer goods. Skel maintains operations primarily in Iceland, with its headquarters in Reykjavik, where it was founded in 2006 following a management buyout from previous ownership. Core products and services encompass ownership stakes in subsidiaries like Byko hf., which distributes building materials and home improvement products under brands such as Byko and Bauhaus; Skel Energy, providing fuels, lubricants, and heating solutions; and other investments in logistics, retail, and industrial operations. The company targets Icelandic businesses, consumers, and institutional investors, emphasizing sustainable growth and value creation in domestic markets. Geographic operations are concentrated in Iceland, serving nationwide through its network of subsidiaries and partners. Recent major changes include the strategic acquisition of additional shares in key subsidiaries to consolidate control, as well as a focus on expanding renewable energy investments amid Iceland's green transition; in 2024, Skel announced partnerships for electric vehicle infrastructure development and launched new sustainability-linked financing rounds to support portfolio companies. The company underwent a minor reorganization in early 2025 to streamline investment operations, enhancing efficiency following regulatory updates in the Icelandic financial sector. These initiatives position Skel for long-term resilience in a volatile economic environment.