Can you please explain why the Revenues and bottomline are declining in 2023 and 2024? Also, in a high interest rate environment (which is likely to prevail for 24 months+), the global trade is bound to fall. Don't you think with that sort of outlook, the stock is a bit too much overpriced? The decline in profitability should impact the stock price performance for at least 24-36 months in my view.
The forecast is from Stockopedia and managements own guidance. As mentioned in the article, their revenues and earnings are expected to come down after 2 out of the ordinary years post pandemic
Many thanks for this interesting highlight. Can you please let me know what is the main reasons of the much better performance in the short and long term pf DSV versus Kuehne & Nagel ?
Thx interesting to notice two companies in the same boring sector with such a divergence in stock price perf. The difference must be from a better execution. Swiss companies are often well managed with profitability being at the top. K&N and Swatch are obviously exceptions.
Can you please explain why the Revenues and bottomline are declining in 2023 and 2024? Also, in a high interest rate environment (which is likely to prevail for 24 months+), the global trade is bound to fall. Don't you think with that sort of outlook, the stock is a bit too much overpriced? The decline in profitability should impact the stock price performance for at least 24-36 months in my view.
These comments make a lot of sense, and especially the falling revenues in 2023 and 2024. If it is not a typo, what is the source of the forecast?
The forecast is from Stockopedia and managements own guidance. As mentioned in the article, their revenues and earnings are expected to come down after 2 out of the ordinary years post pandemic
Thanks buying in a downward revenue trend is likely not being optimal. Will probably wait. Thanks for the sharings in anycase
Thanks for your comment, and it is a valid concern. You might be completely right regarding outlooks and valuation.
I will follow the data for the next few quarters to see how trade and DSVs financials are affected before potentially taking a position.
If you are right about the stock price impact, it means the stock might be attractive in 24-36 months :)
Many thanks for this interesting highlight. Can you please let me know what is the main reasons of the much better performance in the short and long term pf DSV versus Kuehne & Nagel ?
Superficially they look to have a lot in common.
I believe the main reason is simple.
- DSV has had better growth over the last 10 years
- DSV had a smaller base to grow from
- DSV has managed to expand margins by operational excellence (more so than peers)
Thx interesting to notice two companies in the same boring sector with such a divergence in stock price perf. The difference must be from a better execution. Swiss companies are often well managed with profitability being at the top. K&N and Swatch are obviously exceptions.
I agree. And thanks for your comment and question.
It was there in the investment pitch that was shared by this website itself...
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