NTG Nordic Transport Group A/S/DKr NTG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About NTG Nordic Transport Group A/S
NTG Nordic Transport Group A/S, founded in 2011 and headquartered in Hvidovre, Denmark, is an asset-light freight forwarding company offering customized transport solutions across road, rail, air, and ocean. The company operates through two main divisions: Road & Logistics and Air & Ocean, providing services such as project transportation, transport consulting, warehousing, customs clearance, and express freight. NTG employs a decentralized organizational structure with numerous subsidiaries in over 20 countries, including Denmark, Sweden, the United States, Germany, and Finland, enabling a global reach with locally anchored expertise. A distinctive aspect of NTG's business model is its Partnership Model, which offers employee co-ownership to incentivize partners in its subsidiaries, combining the scale advantages of a large corporation with an entrepreneurial mindset. Since its inception, NTG has experienced significant growth through organic development and strategic acquisitions, including the 2023 acquisition of a 75% stake in RTC Transport A/S, a Danish company specializing in home deliveries of interior products. In 2024, NTG reported net revenue of DKK 9,352 million, reflecting a 12.16% increase from the previous year.
- Ticker
- DKr NTG
- Sector
- Mobility
- Primary listing
- CSE
- Employees
- 3,143
- Headquarters
- Hvidovre, Denmark
- Website
- ntg.com
NTG Metrics
BasicAdvanced
kr 6.9B
25.95
kr 12.33
1.08
-
Price and volume
Market cap
kr 6.9B
Beta
1.08
52-week high
kr 341.50
52-week low
kr 149.60
Average daily volume
47K
Financial strength
Current ratio
1.022
Quick ratio
1.022
Long term debt to equity
1.386
Total debt to equity
1.597
Interest coverage (TTM)
5.73%
Profitability
EBITDA (TTM)
665
Gross margin (TTM)
22.13%
Net profit margin (TTM)
2.24%
Operating margin (TTM)
5.29%
Effective tax rate (TTM)
29.69%
Revenue per employee (TTM)
kr 3,860,000
Management effectiveness
Return on assets (TTM)
5.93%
Return on equity (TTM)
19.61%
Valuation
Price to earnings (TTM)
25.955
Price to revenue (TTM)
0.581
Price to book
4.28
Price to tangible book (TTM)
-6.08
Price to free cash flow (TTM)
13.569
Free cash flow yield (TTM)
7.37%
Free cash flow per share (TTM)
23.583
Growth
Revenue change (TTM)
16.25%
Earnings per share change (TTM)
28.07%
3-year revenue growth (CAGR)
7.79%
3-year earnings per share growth (CAGR)
-12.95%
What the Analysts think about NTG
Analyst ratings (Buy, Hold, Sell) for NTG Nordic Transport Group A/S stock.
Analyst projections of the future price of NTG Nordic Transport Group A/S stock.
Bulls say / Bears say
After preliminary nine-month adjusted EBIT of about DKK 506 million, NTG raised its 2026 forecast to DKK 660–685 million from DKK 625–650 million, citing stronger performance in both divisions. This is evidence that recent momentum is translating into higher expected earnings. (NTG Nordic Transport Group)
In Q2, adjusted EBIT rose 23.4% and organic revenue grew 14.8%; the Road & Logistics division delivered strong growth, with market-share gains in the Nordic region. That gives the earnings recovery support beyond acquisitions alone. (Investing.com)
Leverage fell to 2.25 times EBITDA from 3.04 times a year earlier, while adjusted free cash flow was DKK 225 million in Q2. The stronger cash generation and lower debt reduce financial pressure as NTG invests in its turnaround. (Investing.com)
NTG expects Air & Ocean freight rates to fall as capacity oversupply weighs on the market, while it describes macroeconomic and geopolitical uncertainty as elevated. Lower rates could weaken revenue momentum if volumes do not compensate. (NTG Nordic Transport Group)
Germany remains a weak spot: muted activity and the new transport system rollout have disrupted operations and tied up working capital. NTG also increased expected 2026 special items to about DKK 50 million, reflecting restructuring in Germany and Air & Ocean. (Investing.com, NTG Nordic Transport Group)
Q2 gross margin fell to 21.5% from 23.1% a year earlier, even as revenue increased. This shows that higher freight rates and business mix can inflate sales without delivering the same improvement in underlying profit. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 26 Oct 2026.
NTG Financial Performance
Revenues and expenses
NTG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing NTG
AllUSDEURGBP
Fund name | Fund size | DKr NTG weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.03% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.03% |
Vanguard ESG Developed Europe All Cap£V3EA | €125M | 0.01% |
Vanguard ESG Developed Europe All Cap£V3EL | €35M | 0.01% |
Vanguard ESG Global All Cap$V3AA | $1.1B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.