ISS.CO

ISS A/S

ISS A/S operates as workplace experience and facility management company in the United Kingdom, Ireland, the United States, Canada, Switzerland, Germany, Australia, New Zealand, Türkiye, Spain, Denmark, and internationally. The company offers space office, space plus, and space production; transpor… ISS A/S operates as workplace experience and facility management company in the United Kingdom, Ireland, the United States, Canada, Switzerland, Germany, Australia, New Zealand, Türkiye, Spain, Denmark, and internationally. The company offers space office, space plus, and space production; transportation and infrastructure cleaning, food hygiene, and hospitality and cleaning services; and catering, fine dining and event catering; and micro-kitchens and vending services, as well as operates restaurants and pop-ups. It also provides security services comprising front of house, concierge and manned guarding, video surveillance, and technical services. In addition, the company offers support services, which include front desk and reception, meeting and conference management, switchboards and service desk, concierge, mail and courier, document, executive and administrative support, and experience curation and management services. Further, the company provides energy management, asset management, critical environments, and waste management services. Additionally, it designs and delivers workplace strategies and solutions, such as portfolio strategy, curated experience and workplace strategy, workplace and service design, relocation strategy, capital projects, and mental rebuild services. It serves financial and professional services, life science, and technology industries. ISS A/S was founded in 1901 and is headquartered in Søborg, Denmark.
Market price
DKK 296.80
Within modeled range
Base value (FCFF (steady state)) is 0.6% below the market price
Data: Price updated 06 Nov 2026 14:48; TTM through 30 Jun 2026, period ended 30 Jun 2026 from EODHD (downloaded 6 min ago).
Verdict

Priced within the modelled range

PriceDKK 296.80
Fair value range207.36–449.12base 295.12
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF is somewhat apart.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Details and the full model are below.

FCFF (steady state)

Market price within modeled range

Showing the FCFF (steady state) you selected on the company card, using 5.89% growth, 2.7% terminal growth and 10% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 5.89%, discount rate 10%, terminal growth 2.70% (sector defaults). See a worked example.

Blended growth assumption: 5.9% (sector default 6.2%, own revenue history 4.7%, analyst revenue consensus 6.3%).

Analyst consensus expects revenue growth of 6.4% a year; the growth assumption used is 5.9%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — DKK 351.92 (+18.6%)
  • EPS-based Gordon proxy — DKK 245.06 (-17.4%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — DKK 351.92 (+18.6%)
    Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
  • FCFF (steady state) — DKK 295.12 (-0.6%)
    Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
  • EV/EBITDA (12x) — DKK 348.48 (+17.4%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — DKK 349.85 (+17.9%)
    Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
  • EV/Sales (Rule of 40) — DKK 1293.01 (+335.7%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share DKK 207.36–449.12
Base scenario / share DKK 295.12
Margin of safety (share of value) Priced for base-to-bull outcomes
Bear DKK 207.36-43.1%
Base DKK 295.12-0.6%
Bull DKK 449.1233.9%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

More detail: quality, peers, price history, dividends and financials

Quality score: 62 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue +4.4% a year12 / 20
Balance sheetnet debt 2.7x EBITDA10 / 20
MarginsEBITDA margin 7%0 / 20

Peers in Industrials

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
ISS.CO (this company) DKK 296.80 15.7% 17.0 5.2 1.0% 62
EZJ.L easyJet plc GBP 6.84 74.5% 10.6 1.5 1.7% 78
WAWI.OL Wallenius Wilhelmsen ASA NOK 160.60 64.7% 7.1 2.2 0.3% 100
IAG.L International Consolidated Airlines Group S.A. GBP 4.31 59.5% 7.9 3.4 1.8% 92
TPK.L Travis Perkins plc GBP 6.45 55.4% – 0.8 2.1% 46
DFDS.CO DFDS A/S DKK 153.20 47.3% – 0.6 – 64
SRP.L Serco Group plc GBP 2.79 45.8% 19.8 3.3 1.5% 82
DG.PA VINCI SA EUR 110.60 42.8% 12.8 2.0 4.2% 90
HAFNI.OL Hafnia Limited NOK 88.95 40.9% 7.2 1.8 1.2% 100
Peer median 9.2 1.9

Dividends

Paid in the last 12 months: DKK 3.20 per share · yield 1.08% at the current price.

YearDividends per share
2026 (so far)3.200
20253.100
20242.300
20232.100
Sector Industrials
Exchange Nasdaq Copenhagen
Currency DKK

Trailing 12-month financials

TTM through 30 Jun 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 16:02

RevenueDKK 87,773,000,000
EBITDADKK 5,966,000,000
EBITDKK 4,278,000,000
Net incomeDKK 2,787,000,000
Free cash flowDKK 4,482,000,000
Capital expendituresDKK 673,000,000
DebtDKK 18,632,000,000
CashDKK 2,797,000,000
Working capitalDKK -3,263,000,000
Shares outstanding160,000,000