Scandinavian Tobacco Group A/S/DKr STG
1D1W1MYTD1Y5YMAX
Capital at risk
About Scandinavian Tobacco Group A/S
Scandinavian Tobacco Group A/S is a company operating within the tobacco industry, primarily engaged in the production and distribution of cigars, pipe tobacco, and fine-cut tobacco. The company offers a broad portfolio of products including hand-made and machine-made cigars, traditional pipe tobacco, and accessories. Founded in Denmark, its headquarters are located in Søborg, Denmark. The company has a significant geographic footprint, with operations and markets spanning across Europe, North America, and other international regions. Scandinavian Tobacco Group A/S benefits from a robust distribution network and a diverse product lineup, which supports its position in various markets worldwide.
- Ticker
- DKr STG
- Sector
- Consumer Essentials
- Primary listing
- CSE
- Employees
- 8,858
- Headquarters
- Gentofte, Denmark
- Website
- www.st-group.com
STG Metrics
BasicAdvanced
kr 5.8B
9.11
kr 8.10
0.90
kr 4.50
6.10%
Price and volume
Market cap
kr 5.8B
Beta
0.9
52-week high
kr 104.00
52-week low
kr 63.20
Average daily volume
117K
Dividend rate
kr 4.50
Financial strength
Current ratio
1.884
Quick ratio
0.584
Long term debt to equity
0.466
Total debt to equity
0.619
Dividend payout ratio (TTM)
54.44%
Interest coverage (TTM)
5.28%
Profitability
EBITDA (TTM)
1,568.4
Gross margin (TTM)
44.41%
Net profit margin (TTM)
7.32%
Operating margin (TTM)
13.50%
Effective tax rate (TTM)
23.76%
Revenue per employee (TTM)
kr 1,000,000
Management effectiveness
Return on assets (TTM)
4.57%
Return on equity (TTM)
7.76%
Valuation
Price to earnings (TTM)
9.111
Price to revenue (TTM)
0.651
Price to book
0.67
Price to tangible book (TTM)
-138.91
Price to free cash flow (TTM)
8.357
Free cash flow yield (TTM)
11.97%
Free cash flow per share (TTM)
8.831
Dividend yield (TTM)
6.10%
Forward dividend yield
6.10%
Growth
Revenue change (TTM)
-3.57%
Earnings per share change (TTM)
-9.78%
3-year revenue growth (CAGR)
0.60%
10-year revenue growth (CAGR)
2.86%
3-year earnings per share growth (CAGR)
-20.13%
10-year earnings per share growth (CAGR)
1.96%
3-year dividend per share growth (CAGR)
-18.29%
10-year dividend per share growth (CAGR)
-1.05%
Bulls say / Bears say
Handmade cigars are becoming STG’s clearest growth engine: organic sales rose 6% in the first half, even as the wider market is expected to shrink. Management says it is gaining US share through power brands and its retail and online channels. (Scandinavian Tobacco Group, Cigars-connect)
XQS gives STG exposure to a faster-growing category beyond traditional tobacco. Its Swedish share rose from below 11% at the start of 2025 to almost 14% in the second quarter of 2026, while new Mint and Menthol products are expanding into Sweden and the UK. (Scandinavian Tobacco Group, Scandinavian Tobacco Group)
The planned €176m sale of BREAK and Moro should improve financial flexibility and accelerate deleveraging. Management expects the deal to take leverage below its 2.5 times target and says the inventory transfer will provide an additional cash-flow benefit at closing. (Tobacco Reporter, Yahoo Finance)
STG’s legacy categories remain in decline. Machine-rolled cigars and smoking tobacco both recorded 4% organic sales declines in the first half, while a French quality problem caused a DKK35m charge and is expected to hurt availability and market share into the third quarter. (Scandinavian Tobacco Group, EarningsCalls)
Profit growth is not yet broad-based. First-half EBIT before special items fell 2% and adjusted EPS fell 6%, while the 2026 EBIT-margin guidance of 13% to 14.5% is below 2025’s 14.9% as STG continues to invest in Focus2030. (Scandinavian Tobacco Group, EarningsCalls)
The balance-sheet repair is not complete, and the planned divestment has a cost. Net debt stood at 3.0 times EBITDA at the half-year, above the 2.5 times target, while management says selling BREAK and Moro will be dilutive to earnings and reduce future EBITDA from 2027. (Scandinavian Tobacco Group, Yahoo Finance)
Data summarised monthly by Lightyear AI. Last updated on 23 Sept 2026.
Upcoming events
No upcoming events
Funds containing STG
AllUSDEURGBP
Fund name | Fund size | DKr STG weighting |
|---|---|---|
iShares MSCI World Small Cap$WSML | $9B | 0.00% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.00% |
iShares MSCI World Small Cap£WLDS | £6.7B | 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.