Scandinavian Tobacco Group A/S

Scandinavian Tobacco Group A/S

STBGY
Scandinavian Tobacco Group A/SUS flagOther OTC
6.00
USD
+0.57
- -
944.96MMarket Cap
Scandinavian Tobacco Group A/S
STBGY
(Other OTC)

Recent

price

6.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
29.89
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
58.47
Revenue per Share
3.09
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
4.28
Basic EPS, GAAP
1.62
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
4.55
Free Cash Flow per Basic Share
1.75
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
2.33
Dividend per Share
84.25
83.33
90.87
89.98
93.11
84.79
88.51
91.32
85.72
96.45
107.07
109.83
117.06
108.86
109.68
Book Value per Share
6.33
9.54
11.97
8.62
11.36
9.01
9.53
13.1
0.95
5.09
7.47
3.62
-1.24
-1.58
-0.53
Tangible Book Value per Share
200
200
200
200
200
199
199
199
199
191
181
173
164
157
152
Basic Weighted Avg Shares
5,978
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
8,894
Sales/Revenue/Turnover
15.58
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
13.6
Operating Margin (%)
370
400
270
306
322
319
351
503
460
362
352
375
420
449
482
Depreciation Expense
618
573
640
668
682
712
666
748
678
1,391
1,476
1,182
940
669
651
Net Income, GAAP
26.63
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
23.76
Effective Tax Rate (%)
10.34
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
7.32
Profit Margin (%)
3,438
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
2,643
Working Capital
3,009
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
4,028
LT Debt
8,425
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
8,639
Total Equity
- -
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
6.64
Return on Invested Capital (%)
- -
5.65
6.04
6.02
6.17
6.72
6.48
6.87
6.34
12.5
12.61
10.02
7.88
5.92
6.01
Return on Capital (%)
- -
6.84
7.35
7.38
7.46
8.03
7.71
8.34
7.76
16.04
16.13
12.6
10.08
7.53
7.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,415
1,320
1,318
LT Borrowings
3,727
3,521
3,691
LT Finance Leases
323
344
338
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
3,634
2,681
2,633

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,341
5,375
5,632
Cash, Cash Equivalents & STI
198
14
62
Accounts Receivable, Net
1,430
1,343
1,392
Inventories
3,211
3,569
3,713
Total Current Liabilities
2,734
2,853
2,989
Payables & Accruals
- -
- -
- -
ST Debt
1,415
1,320
1,318
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
2,334
- -
- -
- -

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
1.4
- -
- -
- -

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
- -
2.29
- -
- -
- -
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

  • Scandinavian Tobacco Group A/S (STBGY) Q2 2026 Earnings Call Transcript

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

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