Scandinavian Tobacco Group A/S/€STG
1D1W1MYTD1Y5YMAX
Capital at risk
About Scandinavian Tobacco Group A/S
Scandinavian Tobacco Group A/S is a Denmark-based company operating in the tobacco industry. The company primarily manufactures and markets cigars, pipe tobacco, and fine-cut tobacco products. It operates globally, with a notable presence in Europe, North America, and Australia, reflecting a diverse geographic footprint. Scandinavian Tobacco Group maintains strategic competitive positioning through its broad portfolio of well-known brands and a focus on premium products. Its headquarters is located in Søborg, Denmark. The company emphasizes quality and tradition within its product offerings, contributing to its standing in the tobacco industry.
- Ticker
- €STG
- Sector
- Consumer Essentials
- Primary listing
- XGAT
- Employees
- 8,858
- Headquarters
- Gentofte, Denmark
- Website
- www.st-group.com
STG Metrics
BasicAdvanced
€779M
9.13
€1.08
0.90
€0.60
6.08%
Price and volume
Market cap
€779M
Beta
0.9
52-week high
€13.98
52-week low
€8.52
Average daily volume
117K
Dividend rate
€0.60
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)
209.805
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)
€133,770
Management effectiveness
Return on assets (TTM)
4.57%
Return on equity (TTM)
7.76%
Valuation
Price to earnings (TTM)
9.132
Price to revenue (TTM)
0.652
Price to book
0.67
Price to tangible book (TTM)
-138.91
Price to free cash flow (TTM)
8.376
Free cash flow yield (TTM)
11.94%
Free cash flow per share (TTM)
1.181
Dividend yield (TTM)
6.08%
Forward dividend yield
6.08%
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 outperforming a weak market. First-half sales rose 6% even as STG expects global handmade-cigar consumption to fall by about 4%, suggesting market-share gains and better mix in a core premium category. (Cigars-connect, Tobacco Reporter)
XQS gives STG a credible growth option beyond traditional tobacco. Management says the nicotine-pouch business is expanding into new markets and menthol products, while Swedish market-share gains and a strong second-quarter rebound point to improving momentum. (Scandinavian Tobacco Group, Nicotine Insider)
Cash generation and the planned BREAK and Moro disposal could materially improve financial flexibility. First-half free cash flow before acquisitions rose 53% to DKK 422 million, while the expected roughly DKK 1 billion after-tax proceeds should take leverage below STG’s 2.5x target if the sale closes. (Tobacco Reporter, Inderes)
The group’s top line is still shrinking in its established categories. First-half reported sales fell 3%, organic sales were broadly flat, and machine-rolled cigars and smoking tobacco declined 4%, leaving growth dependent on smaller newer businesses. (Tobacco Reporter, Inderes)
Profit quality remains under pressure while STG invests in its turnaround. First-half EBIT before special items fell 2% and adjusted EPS fell 6%, while full-year EBIT-margin guidance of 13% to 14.5% is below the 14.9% achieved in 2025. (Inderes, Tobacco Reporter)
The balance sheet and operational execution leave little room for disappointment. Leverage was still about 3.0 times EBITDA, and a product-quality issue caused a DKK 35 million charge and lost availability, so the promised deleveraging depends partly on completing the disposal and avoiding further setbacks. (Scandinavian Tobacco Group A/S Earnings Call Transcript & Summary, Cigars-connect)
Data summarised monthly by Lightyear AI. Last updated on 23 Sept 2026.
STG Financial Performance
Revenues and expenses
STG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing STG
AllGBPEURUSD
Fund name | Fund size | €STG weighting |
|---|---|---|
Xtrackers S&P 500 Swap£XSPX | £3.1B | 0.05% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.04% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.04% |
Vanguard FTSE Global All-cap$VALU | $199M | 0.00% |
Vanguard FTSE Global All-cap€VGLA | €171M | 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.