TCM Group A/S

TCM.CO

Furnishings, Fixtures & Appliances · Consumer Cyclical

Exchange

NASDAQ Copenhagen

Winston Score

Winston is curious

Mixed quality — meaningful strengths and weaknesses.

Data as of Aug 23, 2026 · filings through Mar 31, 2026

How the score breaks down

Quality

Weak

Growth

Exceptional

Cash Flow

Strong

Stability

Strong

Valuation

Strong

Dividends

Good

Track this stock — start free trial

Winston Score History

The full picture

TCM Group A/S is a Danish company that designs and sells kitchen cabinets and storage furniture. It sells its products under several brands, including Svane Køkkenet, Tvis Køkkener, and Nettoline, mainly to homeowners in Denmark and Scandinavia. The company operates in the kitchen furniture industry and is one of the larger kitchen manufacturers in the Nordic region.

TCM Group makes money by selling kitchens through a network of branded showrooms and dealer partners, earning revenue each time a customer buys and installs a new kitchen. Most of its business is in Denmark, making it heavily tied to the Danish housing and renovation market. Its network of physical showrooms and established brand names gives it some local loyalty, but the business is sensitive to swings in housing activity and consumer spending — a slowdown in home sales or renovation activity can quickly reduce demand for new kitchens.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+17.6% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+25.0% YoY

YoY Growth Rate

Strong earnings growth

Insider Activity

1.1%ownership

Relatively low insider ownership

Cash Position

Cash flow positive

kr 40M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

TCM Group A/S is a rare growth stock that's already generating positive cash flow while growing at 18%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

23.3%

Thin — 23.3% gross margin

Profit after running costs

Operating Margin

5.7%

Thin — 5.7% operating margin

Return on the money invested

ROCE

9.8%

Below par — 9.8% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+9.4%

Steady sales growth (+9.4% YoY)

Profit growth

EPS YoY

+29.8%

Earnings growing fast (+29.8% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

155%

Turns 155% of profit into real cash

Spare cash per sale

FCF Margin

4.6%

Thin free cash flow (4.6%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.50

Conservative — low debt load (0.50)

Covers its interest

Interest Cover

4.35x

Adequate interest coverage (4.4x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

8.7x

no trend

Attractive valuation — P/E 8.7

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

+2.7

GROWING

Earnings expected to grow — slightly cheaper on forward P/E

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

6.36%

no trend

Healthy income — 6.36% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record

Dividend Growth

N/A

no trend

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial