1. Denmark Stocks

  2. •

    Consumer Defensive

  3. •

    Tobacco
Scandinavian Tobacco Group A/S

Scandinavian Tobacco Group A/S

STBGY
Scandinavian Tobacco Group A/SUS flagOther OTC
5.27
USD
-0.16
- -
829.99MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
29.63
30.63
33.66
33.8
32.44
33.71
33.71
40.29
43.19
48.37
50.41
56.07
57.38
58.44
Basic EPS, GAAP
2.86
3.2
3.34
3.42
3.57
3.34
3.75
3.41
7.3
8.15
6.83
5.73
4.25
4.33
Free Cash Flow per Basic Share
2.21
4.2
5.25
5.63
4.72
3.31
5.91
6.97
6.96
5.54
6
5.57
3.64
3.55
Dividend per Share
2.06
1.91
6.64
2.51
4.5
2.88
3
3.06
3.29
3.82
4.13
4.32
4.25
4.38
Book Value per Share
42.27
43.35
40.08
41.02
40.17
40.7
41.33
41.92
46.44
50.38
50.87
54.31
51.88
53.82
Tangible Book Value per Share
4.77
5.98
4.31
5.67
4.5
4.76
6.55
0.47
2.48
3.6
1.79
-0.6
-0.79
0.03
Basic Weighted Avg Shares
200
200
200
200
199
199
199
199
191
181
173
164
157
153
Sales/Revenue/Turnover
5,925
6,126
6,732
6,746
6,464
6,718
6,719
8,006
8,233
8,762
8,731
9,202
9,036
8,921
Operating Margin (%)
13.07
14.35
14.18
14.73
14.26
14.94
16.44
17.75
22.32
21.89
19.69
17.53
14.22
14.04
Depreciation Expense
400
270
306
322
319
351
503
460
362
352
375
420
449
465
Net Income, GAAP
573
640
668
682
712
666
748
678
1,391
1,476
1,182
940
669
661
Effective Tax Rate (%)
15.23
24.34
24.47
23.85
16.45
7.16
21.18
28.75
21.37
20.48
20.69
22.93
23.74
23.74
Profit Margin (%)
9.67
10.44
9.92
10.1
11.01
9.91
11.13
8.47
16.89
16.85
13.54
10.21
7.41
7.41
Working Capital
3,249
3,032
3,673
3,236
2,907
2,919
3,378
2,366
2,857
2,887
3,092
2,497
2,608
2,522
LT Debt
2,756
2,308
3,338
2,731
2,606
2,658
2,842
3,003
3,067
3,376
3,902
4,048
4,050
3,865
Total Equity
8,333
9,087
8,998
9,273
8,448
8,818
9,103
8,372
8,968
9,342
9,434
9,217
8,572
8,712
Return on Invested Capital (%)
5.65
5.64
5.88
6.16
6.6
8.18
7.34
8.55
12.19
12.14
10.3
8.83
6.83
6.8
Return on Capital (%)
5.66
6.12
6.39
6.74
7.2
6.82
7.37
6.59
12.58
12.78
10.35
8.15
6.07
6.14
Return on Common Equity (%)
6.84
7.47
8
8.41
8.79
8.26
9.15
8.18
16.19
16.42
13.18
10.6
7.84
7.7

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,208
1,415
1,320
LT Borrowings
3,955
3,727
3,521
LT Finance Leases
296
323
344
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
6,999
7,082
5,198

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,396
5,341
5,375
Cash, Cash Equivalents & STI
98
198
14
Accounts Receivable, Net
1,360
1,430
1,343
Inventories
3,476
3,211
3,569
Total Current Liabilities
2,732
2,734
2,853
Payables & Accruals
- -
- -
- -
ST Debt
1,208
1,415
1,320
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.33%
0.6%
-6.99%
Free Cash Flow
-1.73%
-14.87%
-37.4%
Net Income, GAAP
4.51%
8.42%
-28.76%
Sales/Revenue/Turnover
3.16%
2.5%
-1.81%
Total Cash Common Dividend
-0.27%
2.07%
-5.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,948
2,366
2,430
2,458
9,202
2025
1,974
2,361
2,357
2,343
9,036
2026
1,859
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.75
1.8
1.85
1.4
5.73
2025
0.35
1.45
1.45
- -
4.25
2026
0.3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
4.3
- -
- -
4.32
2025
- -
4.27
- -
- -
4.25
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Niels Frederiksen
Full Time Employees
9,353
Sector
Consumer Defensive
Industry
Tobacco
Address
Sandtoften 9 Gentofte Denmark 2820
IPO Date
Apr 16, 2019
Website
st-group.com
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Business
Scandinavian Tobacco Group A/S manufactures and sells premium cigars, pipe tobacco, fine-cut tobacco and smoking accessories primarily in North America, Europe and select international markets. The Denmark-based company, founded in 1750 and headquartered in Gentofte, operates through three main segments—North America Online and Retail; North America Branded and Rest of World; and Europe Branded—offering handmade cigars under brands including Macanudo, CAO, Alec Bradley, Cohiba, Punch, Partagas, La Gloria Cubana and Silencio; machine-rolled cigars such as Signature, La Paz, Mehari’s and Panter; pipe tobacco brands like Captain Black, Erinmore, Mac Baren and Balkan Sasami; fine-cut tobacco including Bugler, Break, Bali Shag and Tiedemanns; and next-generation products such as nicotine pouches under XQS. It maintains a global manufacturing presence with six factories, 19 main offices and sales operations in 18 countries, including production facilities in the Dominican Republic, Honduras, Nicaragua and Denmark, while providing contract manufacturing for third parties and direct-to-consumer sales via online, catalog and retail channels. In recent developments, the company launched its Focus2030 strategy in November 2025 targeting 11% return on invested capital by 2030 through DKK 200 million in cost savings, portfolio rationalization around power brands in machine-rolled cigars, handmade cigar expansion and accelerated nicotine pouch growth; acquired Mac Baren Tobacco Company and Alec Bradley Cigar business in 2024 to bolster premium offerings; and implemented a new global SAP system alongside a flexible shareholder return policy with 40-60% dividend payout ratio.

Company News

APIChat

  • seekingalpha.com

    Scandinavian Tobacco Group A/S (STBGY) Analyst/Investor Day Transcript

  • seekingalpha.com

    Scandinavian Tobacco Group A/S (STBGY) Q3 2025 Earnings Call Transcript