Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Skel fjárfestingafélag hf., an Icelandic holding company founded in Reykjavík in 1928 (initially known as Skeljungur hf.), boasts a diverse range of operations. The company is primarily involved in the importation, distribution, and sale of vital commodities, including oil, lubricants, chemical products, and fertilizers, supplying both corporate clients and the farming community. Beyond these foundational activities, it also engages in the wholesale and retail trade of various other goods. Skel fjárfestingafélag hf.'s extensive portfolio further includes lending and financial services, real estate management, and the operation of vessels and service stations. The company leverages several recognizable brands for its services and products, such as Skeljungur, Orkan, Kvikk, 10-11, Extra, and Löður, supported by an infrastructure that comprises 70 fuel stations, 7 grocery shops, 15 laundry facilities, and 4 oil depots.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITD.