Buy Or Sell Opportunity • Aug 04
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.9% to kr356. The fair value is estimated to be kr296, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Annonce • Jul 15
Addtech AB (publ.) to Report Nine Months, 2027 Results on Feb 02, 2027 Addtech AB (publ.) announced that they will report nine months, 2027 results on Feb 02, 2027 Annonce • Jul 14
Addtech AB (publ.) to Report Fiscal Year 2027 Results on May 19, 2027 Addtech AB (publ.) announced that they will report fiscal year 2027 results on May 19, 2027 Reported Earnings • Jul 05
Full year 2026 earnings released: EPS: kr7.96 (vs kr7.01 in FY 2025) Full year 2026 results: EPS: kr7.96 (up from kr7.01 in FY 2025). Revenue: kr22.7b (up 4.2% from FY 2025). Net income: kr2.15b (up 14% from FY 2025). Profit margin: 9.5% (in line with FY 2025). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jun 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 6.9% to kr329. The fair value is estimated to be kr274, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Recent Insider Transactions • Jun 12
Insider recently sold kr1.6m worth of stock On the 8th of June, Claus Nielsen sold around 5k shares on-market at roughly kr325 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr843k more than they bought in the last 12 months. Declared Dividend • May 22
Dividend increased to kr3.60 Dividend of kr3.60 is 13% higher than last year. Ex-date: 27th August 2026 Payment date: 2nd September 2026 Dividend yield will be 1.1%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 45%. Cash payout ratio: 34%. Annonce • May 21
Addtech AB (publ.), Annual General Meeting, Aug 26, 2026 Addtech AB (publ.), Annual General Meeting, Aug 26, 2026, at 15:30 W. Europe Standard Time. Buy Or Sell Opportunity • May 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.3% to kr334. The fair value is estimated to be kr275, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Annonce • May 21
Addtech AB (publ.) announces Annual dividend, payable on September 02, 2026 Addtech AB (publ.) announced Annual dividend of SEK 3.6000 per share payable on September 02, 2026, ex-date on August 27, 2026 and record date on August 28, 2026. Reported Earnings • May 21
Full year 2026 earnings released: EPS: kr7.96 (vs kr7.01 in FY 2025) Full year 2026 results: EPS: kr7.96 (up from kr7.01 in FY 2025). Revenue: kr22.7b (up 4.2% from FY 2025). Net income: kr2.15b (up 14% from FY 2025). Profit margin: 9.5% (in line with FY 2025). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Annonce • May 20
Addtech AB (publ.) to Report First Half, 2027 Results on Oct 22, 2026 Addtech AB (publ.) announced that they will report first half, 2027 results on Oct 22, 2026 Buy Or Sell Opportunity • Apr 15
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 5.0% to kr332. The fair value is estimated to be kr270, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Annonce • Apr 03
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Staka Holding B.V. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Staka Holding B.V. on April 1, 2026.
Staka Holding B.V. has an annual turnover of approximately €15 million. . The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year.
The expected completion of the transaction is April 1, 2026. Buy Or Sell Opportunity • Mar 31
Now 20% overvalued Over the last 90 days, the stock has fallen 3.1% to kr317. The fair value is estimated to be kr264, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Buy Or Sell Opportunity • Feb 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.2% to kr328. The fair value is estimated to be kr272, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Buy Or Sell Opportunity • Feb 07
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 3.3% to kr321. The fair value is estimated to be kr256, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Reported Earnings • Feb 06
Third quarter 2026 earnings released: EPS: kr1.91 (vs kr1.65 in 3Q 2025) Third quarter 2026 results: EPS: kr1.91 (up from kr1.65 in 3Q 2025). Revenue: kr5.56b (up 1.4% from 3Q 2025). Net income: kr516.0m (up 16% from 3Q 2025). Profit margin: 9.3% (up from 8.1% in 3Q 2025). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 5.0% to kr316. The fair value is estimated to be kr260, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Board Change • Dec 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Annikki Schaeferdiek was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Nov 07
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 80% stake in Axion AG. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 80% stake in Axion AG on November 6, 2025. Axion will become part of and complement our existing operations within the Vehicle Solution business unit of Addtech AB.
For the period ending December 31, 2024, Axion AG reported total revenue of €23 million.
The acquisition is conditioned on approval from relevant competition authorities and closing is estimated to take place at the beginning of January 2026. Annonce • Oct 23
Addtech AB (publ.) to Report Q1, 2027 Results on Jul 14, 2026 Addtech AB (publ.) announced that they will report Q1, 2027 results on Jul 14, 2026 Buy Or Sell Opportunity • Sep 29
Now 20% overvalued Over the last 90 days, the stock has fallen 2.6% to kr314. The fair value is estimated to be kr261, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 26% in the next 2 years. Upcoming Dividend • Aug 21
Upcoming dividend of kr3.20 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 03 September 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (2.2%). Annonce • Jul 15
Addtech AB (publ.) to Report Fiscal Year 2026 Results on May 20, 2026 Addtech AB (publ.) announced that they will report fiscal year 2026 results on May 20, 2026 Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: kr7.01 (vs kr6.05 in FY 2024) Full year 2025 results: EPS: kr7.01 (up from kr6.05 in FY 2024). Revenue: kr21.8b (up 8.9% from FY 2024). Net income: kr1.89b (up 16% from FY 2024). Profit margin: 8.7% (up from 8.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Annikki Schaeferdiek was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 25
Dividend increased to kr3.20 Dividend of kr3.20 is 14% higher than last year. Ex-date: 28th August 2025 Payment date: 3rd September 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 33%. Annonce • Jun 24
Addtech AB (publ.) announces Annual dividend, payable on September 03, 2025 Addtech AB (publ.) announced Annual dividend of SEK 3.2000 per share payable on September 03, 2025, ex-date on August 28, 2025 and record date on August 29, 2025. Recent Insider Transactions • May 23
MD, President recently sold kr9.8m worth of stock On the 19th of May, Niklas Stenberg sold around 28k shares on-market at roughly kr349 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Niklas' only on-market trade for the last 12 months. Annonce • May 16
Addtech AB (publ.), Annual General Meeting, Aug 27, 2025 Addtech AB (publ.), Annual General Meeting, Aug 27, 2025, at 16:00 W. Europe Standard Time. Location: at iva, grev turegatan 16, stockholm Sweden Reported Earnings • May 15
Full year 2025 earnings released: EPS: kr7.01 (vs kr6.05 in FY 2024) Full year 2025 results: EPS: kr7.01 (up from kr6.05 in FY 2024). Revenue: kr21.8b (up 8.9% from FY 2024). Net income: kr1.89b (up 16% from FY 2024). Profit margin: 8.7% (up from 8.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 04
Third quarter 2025 earnings released: EPS: kr1.65 (vs kr1.44 in 3Q 2024) Third quarter 2025 results: EPS: kr1.65 (up from kr1.44 in 3Q 2024). Revenue: kr5.48b (up 11% from 3Q 2024). Net income: kr445.0m (up 15% from 3Q 2024). Profit margin: 8.1% (up from 7.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year. Buy Or Sell Opportunity • Jan 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.1% to kr310. The fair value is estimated to be kr256, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 28% in the next 2 years. Reported Earnings • Oct 24
Second quarter 2025 earnings released: EPS: kr1.62 (vs kr1.61 in 2Q 2024) Second quarter 2025 results: EPS: kr1.62 (up from kr1.61 in 2Q 2024). Revenue: kr5.13b (up 5.1% from 2Q 2024). Net income: kr437.0m (flat on 2Q 2024). Profit margin: 8.5% (down from 8.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Oct 24
Addtech AB (publ.) to Report Q1, 2026 Results on Jul 15, 2025 Addtech AB (publ.) announced that they will report Q1, 2026 results on Jul 15, 2025 Recent Insider Transactions • Sep 19
Insider recently bought kr542k worth of stock On the 16th of September, Per Lundblad bought around 3k shares on-market at roughly kr214 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr328k more in shares than they bought in the last 12 months. New Risk • Sep 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (66% net debt to equity). Share price has been volatile over the past 3 months (6.5% average weekly change). Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Director Fredrik Börjesson was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 16
Upcoming dividend of kr2.80 per share Eligible shareholders must have bought the stock before 23 August 2024. Payment date: 29 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (2.1%). Declared Dividend • Jul 26
Dividend increased to kr2.80 Dividend of kr2.80 is 12% higher than last year. Ex-date: 23rd August 2024 Payment date: 29th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 44%. Cash payout ratio: 30%. Annonce • Jul 13
Addtech AB (publ.) to Report Fiscal Year 2025 Results on May 15, 2025 Addtech AB (publ.) announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to kr330, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 18x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr196 per share. Reported Earnings • Jul 05
Full year 2024 earnings released: EPS: kr6.05 (vs kr5.55 in FY 2023) Full year 2024 results: EPS: kr6.05 (up from kr5.55 in FY 2023). Revenue: kr20.0b (up 7.0% from FY 2023). Net income: kr1.63b (up 9.2% from FY 2023). Profit margin: 8.2% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • Jun 13
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 89% stake in C. Gunnarssons Verkstads Aktiebolag from the owners. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 89% stake in C. Gunnarssons Verkstads Aktiebolag from the owners on June 11, 2024. Current owners will remain as minority owners with 11% of the shares. C. Gunnarssons Verkstads Aktiebolag has 45 employees and an average annual turnover of approximately SEK 200 million. The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year. The transaction is expected to close at the beginning of July 2024. IMAP Sweden acted as sell-side financial advisor to the sellers throughout the process. Annonce • May 23
Addtech AB (Publ.) Announces Decline of Re-Election from Kenth Eriksson as Chairman Addtech AB (publ.) announced that the current Chairman Kenth Eriksson has declined re-election. Reported Earnings • May 17
Full year 2024 earnings released: EPS: kr6.05 (vs kr5.55 in FY 2023) Full year 2024 results: EPS: kr6.05 (up from kr5.55 in FY 2023). Revenue: kr20.0b (up 7.0% from FY 2023). Net income: kr1.63b (up 9.2% from FY 2023). Profit margin: 8.2% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 22
Insider recently sold kr948k worth of stock On the 20th of February, Martin Fassl sold around 4k shares on-market at roughly kr237 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr6.1m more than they bought in the last 12 months. Reported Earnings • Feb 08
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr4.96b (up 6.6% from 3Q 2023). Net income: kr387.0m (up 3.5% from 3Q 2023). Profit margin: 7.8% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Trade Distributors industry in the United Kingdom. Annonce • Feb 08
Addtech AB (publ.), Annual General Meeting, Aug 22, 2024 Addtech AB (publ.), Annual General Meeting, Aug 22, 2024, at 16:00 Central European Standard Time. Location: IVA, Grev Turegatan 16 Stockholm Sweden Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr195, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr129 per share. Annonce • Nov 14
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 100 % in B V Teknik. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 100 % in B V Teknik on November 13, 2023. The company has 24 employees and a turnover of approximately DKK 55 million. The closing will take place today. Annonce • Oct 27
Addtech AB (publ.) to Report Q1, 2025 Results on Dec 07, 2024 Addtech AB (publ.) announced that they will report Q1, 2025 results on Dec 07, 2024 Reported Earnings • Oct 27
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr4.88b (up 10% from 2Q 2023). Net income: kr434.0m (up 24% from 2Q 2023). Profit margin: 8.9% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Trade Distributors industry in the United Kingdom. Upcoming Dividend • Aug 17
Upcoming dividend of kr2.50 per share at 1.3% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 30 August 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (2.1%). Recent Insider Transactions • Jul 19
Independent Chairman of Board recently bought kr3.7m worth of stock On the 17th of July, Kenth Eriksson bought around 19k shares on-market at roughly kr193 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Annonce • Jul 15
Addtech AB (publ.) to Report Fiscal Year 2024 Results on May 16, 2024 Addtech AB (publ.) announced that they will report fiscal year 2024 results on May 16, 2024 Reported Earnings • Jul 07
Full year 2023 earnings released: EPS: kr5.55 (vs kr3.99 in FY 2022) Full year 2023 results: EPS: kr5.55 (up from kr3.99 in FY 2022). Revenue: kr18.7b (up 33% from FY 2022). Net income: kr1.50b (up 39% from FY 2022). Profit margin: 8.0% (up from 7.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jun 27
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire S. Tygesen Energi A/S. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire S. Tygesen Energi A/S on June 26, 2023. For FY 2022, Tygesen had sales of approximately DKK 50 million and has 3 employees. The closing takes place today and is estimated to have a marginally positive impact on Addtech's earnings per share during the current financial year. Recent Insider Transactions • May 23
MD, President recently sold kr6.0m worth of stock On the 19th of May, Niklas Stenberg sold around 27k shares on-market at roughly kr223 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Niklas' only on-market trade for the last 12 months. Annonce • May 18
Addtech AB (Publ.) Proposes Dividend for the Full Year Ended March 31, 2023 The board of directors of Addtech AB (publ.) at its annual general meeting to be held on August 23, 2023, proposed dividend of SEK 2.50 per share (1.80 per share) for the full year ended March 31, 2023, which corresponds to a dividend payment of about SEK 674 million (SEK 485 million), which is in line with the company’s dividend policy with the objective of a dividend that exceeds 30% of average Group profit after tax over a business cycle. Annonce • May 06
Addtech AB (publ.) (OM:ADDT B) acquired Feritech Global Ltd. Addtech AB (publ.) (OM:ADDT B) acquired Feritech Global Ltd on May 5, 2023. Feritech Global Ltd had turnover of approximately £4.5 million. The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year.
Addtech AB (publ.) (OM:ADDT B) completed the acquisition of Feritech Global Ltd on May 5, 2023. Recent Insider Transactions • Feb 17
Insider recently sold kr1.2m worth of stock On the 15th of February, Per Lundblad sold around 6k shares on-market at roughly kr195 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr4.6m. Insiders have been net sellers, collectively disposing of kr11m more than they bought in the last 12 months. Recent Insider Transactions • Feb 10
Insider recently sold kr4.6m worth of stock On the 3rd of February, Martin Fassl sold around 25k shares on-market at roughly kr184 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr9.5m more than they bought in the last 12 months. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: kr1.39 (vs kr0.98 in 3Q 2022) Third quarter 2023 results: EPS: kr1.39 (up from kr0.98 in 3Q 2022). Revenue: kr4.65b (up 30% from 3Q 2022). Net income: kr374.0m (up 41% from 3Q 2022). Profit margin: 8.0% (up from 7.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 16% share price gain to kr149, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 10x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr109 per share. Reported Earnings • Oct 27
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr4.42b (up 36% from 2Q 2022). Net income: kr350.0m (up 38% from 2Q 2022). Profit margin: 7.9% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Trade Distributors industry in the United Kingdom. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr129, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 9x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr154 per share. Buying Opportunity • Oct 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.8%. The fair value is estimated to be kr175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 26% in the next 2 years. Annonce • Sep 28
Addtech AB (publ.) to Report Q1, 2024 Results on Jul 14, 2023 Addtech AB (publ.) announced that they will report Q1, 2024 results on Jul 14, 2023 Upcoming Dividend • Aug 19
Upcoming dividend of kr1.80 per share Eligible shareholders must have bought the stock before 26 August 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (5.2%). Lower than average of industry peers (2.0%). Buying Opportunity • Jul 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.4%. The fair value is estimated to be kr198, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 25% in the next 2 years. Annonce • Jul 16
Addtech AB (publ.) to Report Fiscal Year 2023 Results on May 17, 2023 Addtech AB (publ.) announced that they will report fiscal year 2023 results on May 17, 2023 Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: kr3.99 (vs kr2.62 in FY 2021) Full year 2022 results: EPS: kr3.99 (up from kr2.62 in FY 2021). Revenue: kr14.0b (up 24% from FY 2021). Net income: kr1.07b (up 52% from FY 2021). Profit margin: 7.7% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 8.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 26
Business Area Manager Power Solutions recently bought kr237k worth of stock On the 18th of May, Per Lundblad bought around 1k shares on-market at roughly kr166 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr14m more in shares than they bought in the last 12 months. Annonce • May 25
Addtech AB (publ.) to Report Nine Months, 2023 Results on Feb 02, 2023 Addtech AB (publ.) announced that they will report nine months, 2023 results on Feb 02, 2023 Reported Earnings • May 18
Full year 2022 earnings released: EPS: kr3.99 (vs kr2.62 in FY 2021) Full year 2022 results: EPS: kr3.99 (up from kr2.62 in FY 2021). Revenue: kr14.0b (up 24% from FY 2021). Net income: kr1.07b (up 52% from FY 2021). Profit margin: 7.7% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 6.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: kr0.98 (up from kr0.62 in 3Q 2021). Revenue: kr3.59b (up 25% from 3Q 2021). Net income: kr265.0m (up 58% from 3Q 2021). Profit margin: 7.4% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Over the next year, revenue is forecast to grow 11%, compared to a 6.0% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr178, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 21x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 345% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr101 per share. Recent Insider Transactions • Nov 11
Independent Chairman of Board recently bought kr1.0m worth of stock On the 4th of November, Kenth Eriksson bought around 5k shares on-market at roughly kr210 per share. This was the largest purchase by an insider in the last 3 months. Kenth has been a buyer over the last 12 months, purchasing a net total of kr2.1m worth in shares. Reported Earnings • Oct 29
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: kr3.26b (up 20% from 2Q 2021). Net income: kr253.0m (up 44% from 2Q 2021). Profit margin: 7.8% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 15% share price gain to kr204, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 21x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 348% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr92.83 per share. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 15% share price gain to kr204, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 21x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 348% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr92.83 per share. Recent Insider Transactions • Sep 22
Insider recently sold kr7.0m worth of stock On the 16th of September, Martin Fassl sold around 40k shares on-market at roughly kr176 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr13m more than they bought in the last 12 months. Executive Departure • Aug 27
Independent Director Eva Elmstedt has left the company On the 26th of August, Eva Elmstedt's tenure as Independent Director ended. As of June 2021, Eva still personally held 84.76k shares (kr12m worth at the time). A total of 3 executives have left over the last 12 months. Upcoming Dividend • Aug 20
Upcoming dividend of kr1.20 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 02 September 2021. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (3.8%). Lower than average of industry peers (1.1%). Recent Insider Transactions • Aug 08
Chairman of the Board recently sold kr5.2m worth of stock On the 4th of August, Johan Sjo sold around 28k shares on-market at roughly kr185 per share. This was the largest sale by an insider in the last 3 months. Johan has been a seller over the last 12 months, reducing personal holdings by kr8.7m. 
