1. Denmark Stocks

  2. •

    Consumer durables

  3. •

    Home furnishings
TCM Group AS

TCM Group AS

65.20
DKK
-1.40
(-2.10%)
7.23EPS
9.55P/E
717.02MMarket Cap
Nov 19Next Earn
TCM Group AS
LSE:0CUN
(London Stock Exchange)

Recent

price

65.20

P/E

ratio

9.55

div

yld

5.55%

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
DKK
43.69
53.65
56.94
81.73
89.99
100.69
102.46
115.63
126.29
110.99
115.3
123.6
131.51
Revenue per Share
2.41
4.82
3.19
4.8
10.37
11.13
10.22
11.55
7.77
2.2
5.52
7.51
7.27
Basic EPS, GAAP
5.11
8.58
8.94
9.91
12.47
13.12
10.11
4.19
4.35
3.87
5.19
3.54
11.46
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
4.75
- -
13.56
6
- -
- -
2.99
3.62
Dividend per Share
13.54
18.37
33.99
30.48
40.88
47.27
57.44
45.75
46.39
50.74
56.46
60.86
59.53
Book Value per Share
4.45
9.92
-18.34
-26.38
-15.08
-7.83
3.09
-13.8
-14.91
-13.67
-9.83
-23.55
-25.75
Tangible Book Value per Share
10
10
9
10
10
10
10
10
9
10
10
10
10
Basic Weighted Avg Shares
437
537
509
817
900
1,007
1,025
1,108
1,146
1,084
1,204
1,279
1,359
Sales/Revenue/Turnover
8.06
12.45
14.34
14.09
15.57
15.25
13.64
12.43
9.02
5.04
6.71
7.34
7
Operating Margin (%)
13
15
18
24
15
21
21
17
18
32
36
38
40
Depreciation Expense
24
48
29
48
104
111
102
111
70
22
58
78
75
Net Income, GAAP
29.33
26.75
30.39
28.09
21.61
21.8
21.78
18.44
21.15
20.56
16.95
17.17
17.11
Effective Tax Rate (%)
5.52
8.98
5.61
5.87
11.52
11.06
9.98
9.99
6.15
1.99
4.79
6.08
5.53
Profit Margin (%)
11
65
-10
-55
-17
19
26
-231
-263
-113
-22
-60
-119
Working Capital
- -
- -
221
235
165
161
64
43
74
216
273
311
273
LT Debt
135
184
340
305
409
473
574
420
421
530
589
629
615
Total Equity
- -
30.67
9.55
9.8
18.35
18.1
15.87
17.3
12.07
5.63
8.54
9.93
8.52
Return on Invested Capital (%)
- -
30.81
9.64
9.87
18.38
18.17
15.89
17.49
11.55
4.83
8.87
9.86
7.96
Return on Capital (%)
- -
30.21
10.9
14.89
29.07
25.26
19.53
22.27
16.78
4.53
10.31
12.77
12.51
Return on Common Equity (%)

Capital Structure

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
96
95
94
LT Borrowings
274
237
239
LT Finance Leases
37
37
34
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
672
708
717

Working Capital

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
266
291
271
Cash, Cash Equivalents & STI
31
37
20
Accounts Receivable, Net
90
128
125
Inventories
102
105
105
Total Current Liabilities
326
376
390
Payables & Accruals
- -
- -
- -
ST Debt
96
95
94
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.31%
3.43%
6.66%
Free Cash Flow
-3%
-11.05%
-32.45%
Net Income, GAAP
24.8%
21.06%
34.84%
Sales/Revenue/Turnover
10.27%
4.7%
6.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
293
332
278
301
1,204
2025
308
349
289
333
1,279
2026
362
375
- -
- -
- -

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.67
1.81
0.84
2.2
5.52
2025
1.16
2.14
0.93
3.27
7.51
2026
1.45
1.61
- -
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
2.97
- -
- -
2.99
2026
- -
3.61
- -
- -
- -
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Business
TCM Group A/S manufactures and sells kitchens, furniture for bathrooms, storage solutions, and sliding door systems in Denmark, Norway, Sweden, and other parts of Scandinavia. The company pursues a multi-brand strategy featuring its primary brand Svane Køkkenet along with Tvis Køkken, Nettoline, and AUBO; these brands cover the full price spectrum from budget to premium and are distributed through approximately 220 dealers across Scandinavia, including franchise stores and independent kitchen retailers. TCM Group additionally produces private label do-it-yourself (DIY) kitchen and furniture solutions sold via DIY stores in Denmark and independent kitchen stores in Norway, and supplies the e-commerce kitchen business Celebert ApS, which operates under the brands Kitchn.dk, billigskabe.dk, Celebert, and Just Wood. Founded in 2015 and headquartered in Holstebro, Denmark, the company traces its origins to Tvis Køkkener established in 1952 and maintains vertically integrated production facilities in Denmark emphasizing Danish design, quality craftsmanship, and sustainability. In recent developments, TCM Group completed the acquisition of the remaining 55% stake in Celebert ApS in November 2025, achieving full ownership following its initial 45% investment in 2021; earlier in 2025, it acquired certain retail stores, which it plans to spin off to new franchisees after temporary integration; the company also continues its ongoing enterprise resource planning (ERP) implementation and reported stable sales growth with a 4% year-on-year revenue increase to DKK 289 million in Q3 2025 alongside improved gross margins.