Bulten（3FB）株式概要Bulten AB (publish)は、その子会社とともに、スウェーデン、ポーランド、ドイツ、英国、その他の欧州諸国、米国、中国、および海外でファスナーを製造・販売している。 詳細3FB ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長3/6過去の実績0/6財務の健全性3/6配当金0/6報酬当社が推定した公正価値より81%で取引されている 収益は年間93.71%増加すると予測されています リスク分析利払いは収益で十分にカバーされない すべてのリスクチェックを見る3FB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€4.4176.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-11m6b2016201920222025202620282031Revenue SEK 5.3bEarnings SEK 348.8mAdvancedSet Fair ValueView all narrativesBulten AB (publ) 競合他社PWOSymbol: XTRA:PWOMarket cap: €80.0mEDAG Engineering GroupSymbol: XTRA:ED4Market cap: €82.8mGrammerSymbol: XTRA:GMMMarket cap: €124.5mNovem GroupSymbol: XTRA:NVMMarket cap: €114.5m価格と性能株価の高値、安値、推移の概要Bulten過去の株価現在の株価SEK 4.4152週高値SEK 5.7252週安値SEK 3.69ベータ0.501ヶ月の変化-3.93%3ヶ月変化12.23%1年変化-17.82%3年間の変化-49.89%5年間の変化-56.47%IPOからの変化-19.91%最新ニュースお知らせ • Apr 25+ 1 more updateBulten AB Approves Board ChangesBulten AB held its Annual General Meeting (AGM) on April 23, 2026. The company resolved to elect Jonas Halvord as ordinary Board members. Hans Peter Havdal and Christina Hallin have declined re-election.お知らせ • Feb 03+ 3 more updatesBulten AB (publ) to Report First Half, 2026 Results on Jul 10, 2026Bulten AB (publ) announced that they will report first half, 2026 results on Jul 10, 2026お知らせ • Oct 21Bulten AB (publ), Annual General Meeting, Apr 23, 2026Bulten AB (publ), Annual General Meeting, Apr 23, 2026.お知らせ • Apr 29+ 1 more updateBulten AB (publ) Approves DividendBulten AB (publ) at its AGM held on April 28, 2025 resolved that the profit of SEK 757,243,451 at the disposal of the AGM be allocated so that a total amount of SEK 57,716,978, equivalent to a dividend of SEK 2.75 per share entitled to dividends, be distributed to the shareholders and that SEK 699,526,473 be carried forward to new accounts. Furthermore, in accordance with the Board proposal, the AGM resolved to establish April 30, 2025 as the record day for the dividend.お知らせ • Jan 30Bulten AB (publ) to Report Q1, 2025 Results on Apr 28, 2025Bulten AB (publ) announced that they will report Q1, 2025 results at 1:30 PM, Central European Standard Time on Apr 28, 2025Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: kr1.57 (vs kr1.48 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.57 (up from kr1.48 loss in 3Q 2023). Revenue: kr1.38b (flat on 3Q 2023). Net income: kr33.0m (up kr64.0m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.最新情報をもっと見るRecent updatesお知らせ • Apr 25+ 1 more updateBulten AB Approves Board ChangesBulten AB held its Annual General Meeting (AGM) on April 23, 2026. The company resolved to elect Jonas Halvord as ordinary Board members. Hans Peter Havdal and Christina Hallin have declined re-election.お知らせ • Feb 03+ 3 more updatesBulten AB (publ) to Report First Half, 2026 Results on Jul 10, 2026Bulten AB (publ) announced that they will report first half, 2026 results on Jul 10, 2026お知らせ • Oct 21Bulten AB (publ), Annual General Meeting, Apr 23, 2026Bulten AB (publ), Annual General Meeting, Apr 23, 2026.お知らせ • Apr 29+ 1 more updateBulten AB (publ) Approves DividendBulten AB (publ) at its AGM held on April 28, 2025 resolved that the profit of SEK 757,243,451 at the disposal of the AGM be allocated so that a total amount of SEK 57,716,978, equivalent to a dividend of SEK 2.75 per share entitled to dividends, be distributed to the shareholders and that SEK 699,526,473 be carried forward to new accounts. Furthermore, in accordance with the Board proposal, the AGM resolved to establish April 30, 2025 as the record day for the dividend.お知らせ • Jan 30Bulten AB (publ) to Report Q1, 2025 Results on Apr 28, 2025Bulten AB (publ) announced that they will report Q1, 2025 results at 1:30 PM, Central European Standard Time on Apr 28, 2025Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: kr1.57 (vs kr1.48 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.57 (up from kr1.48 loss in 3Q 2023). Revenue: kr1.38b (flat on 3Q 2023). Net income: kr33.0m (up kr64.0m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Oct 22+ 2 more updatesBulten AB (publ) to Report Fiscal Year 2025 Results on Feb 03, 2026Bulten AB (publ) announced that they will report fiscal year 2025 results on Feb 03, 2026お知らせ • Oct 18Bulten AB (publ), Annual General Meeting, Apr 28, 2025Bulten AB (publ), Annual General Meeting, Apr 28, 2025.お知らせ • Jul 23+ 1 more updateBulten AB (Publ) Appoints Axel Berntsson as CEO, Effective No Later Than January 22, 2025Bulten AB (publ) announced appointment of Axel Berntsson as CEO of the Bulten Group. Axel comes most recently from the position as President and CEO of Absolent Air Care Group (publ), which he has held since 2018. Prior to that he was CEO of the subsidiary Absolent AB for two years. He also has experience from senior roles within the companies ESAB and CPS Color, and has worked as management consultant at Accenture. Axel is 44 years old and holds a MSc in Industrial Engineering and Management from Chalmers University of Technology in Gothenburg, Sweden. Axel will take up his new role no later than January 22, 2025.Reported Earnings • Jul 11Second quarter 2024 earnings released: EPS: kr1.62 (vs kr1.81 in 2Q 2023)Second quarter 2024 results: EPS: kr1.62 (down from kr1.81 in 2Q 2023). Revenue: kr1.47b (up 3.5% from 2Q 2023). Net income: kr34.0m (down 11% from 2Q 2023). Profit margin: 2.3% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: kr3.24 (vs kr3.57 in 1Q 2023)First quarter 2024 results: EPS: kr3.24 (down from kr3.57 in 1Q 2023). Revenue: kr1.53b (up 11% from 1Q 2023). Net income: kr68.0m (down 9.3% from 1Q 2023). Profit margin: 4.4% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Apr 25Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 1.1% to €6.68. The fair value is estimated to be €5.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%.Upcoming Dividend • Apr 19Upcoming dividend of kr2.50 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).Reported Earnings • Apr 05Full year 2023 earnings released: EPS: kr4.91 (vs kr2.62 in FY 2022)Full year 2023 results: EPS: kr4.91 (up from kr2.62 in FY 2022). Revenue: kr5.76b (up 29% from FY 2022). Net income: kr103.0m (up 87% from FY 2022). Profit margin: 1.8% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 03Dividend of kr2.50 announcedShareholders will receive a dividend of kr2.50. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 40%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 103% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Mar 27Now 23% overvaluedOver the last 90 days, the stock has fallen 10% to €6.38. The fair value is estimated to be €5.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 179% in the next 2 years.お知らせ • Mar 23Bulten AB Proposes Dividend, Payable on May 3, 2024Bulten AB at its Annual General Meeting to be held on April 25, 2024, proposed the profit of SEK 852,901,191 at the disposal of the AGM be allocated so that a total amount of SEK 52,469,980, equivalent to SEK 2.50 per share entitled to dividends, be distributed to the shareholders and that SEK 800,431,211 be carried forward to new accounts. The Board proposed that April 29, 2024 be the record day. If the AGM resolves in accordance with the proposal, the dividend is expected to be paid via Euroclear Sweden AB on May 3, 2024.お知らせ • Mar 16+ 4 more updatesBulten AB (publ) to Report Q3, 2024 Results on Oct 22, 2024Bulten AB (publ) announced that they will report Q3, 2024 results at 1:30 PM, Central European Standard Time on Oct 22, 2024Buy Or Sell Opportunity • Feb 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €6.50. The fair value is estimated to be €5.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 179% in the next 2 years.Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €6.32. The fair value is estimated to be €5.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 179% in the next 2 years.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: kr4.91 (vs kr2.62 in FY 2022)Full year 2023 results: EPS: kr4.91 (up from kr2.62 in FY 2022). Revenue: kr5.76b (up 29% from FY 2022). Net income: kr103.0m (up 87% from FY 2022). Profit margin: 1.8% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Jan 31Bulten AB (Publ) Makes Changes to Its Executive ManagementIn order to achieve its strategic ambitions in the markets where Bulten operates and further increase the company's innovative power, changes are being made to Bulten's Executive Management Team. The new organization will better support the company's objectives, and its vision to create and deliver the most innovative and sustainable fastener solutions. The following people have been appointed to head up each region: Markus Baum President Region Europe, Bent Wessel-Aas Interim President Region Asia. To further consolidate Bulten's expertise in product development and innovation, the company's engineering resources are also being reorganized. Emmy Pavlovic, formerly SVP Technology and Innovation, is being appointed Chief Technical Officer (CTO). In addition to her existing innovation team, she will now also be responsible for application engineers and future preparation/process engineers. Gathering the engineers in one and the same function will boost the company's ability to respond to customers' future needs for new types of technical solutions. Following these changes, Bulten's EMT now comprises: Christina Hallin Interim President and CEO (from 9 Feb), Anna Åkerblad CFO, Markus Baum President Region Europe, Bent Wessel-Aas Interim President Region Asia, Emmy Pavlovic CTO, Claes Lindroth SVP Purchasing and Quality, Marlene Dybeck SVP HR and Sustainability, Ulrika Hultgren SVP Corporate Communications and IR.お知らせ • Jan 23+ 1 more updateBulten AB (publ) Announces CEO ChangesBulten AB (publ) announced that after five years as CEO and President, Anders Nyström has on 22 January 2024 informed the Board of Directorsthat he has decided to leave the company for other challenges. Anders Nyström will leave Bulten on February 9, 2024. The Board of Directors will now initiate the recruitment process for a new CEO and President. Christina Hallin, current board member of Bulten, has been appointed as interim CEOand President of Bulten in connection with Anders Nyström's departure, and will act as such until a new CEO and President has been recruited and taken up the position.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €6.39, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 17% over the past three years.Reported Earnings • Oct 28Third quarter 2023 earnings released: kr1.48 loss per share (vs kr0.67 profit in 3Q 2022)Third quarter 2023 results: kr1.48 loss per share (down from kr0.67 profit in 3Q 2022). Revenue: kr1.38b (up 26% from 3Q 2022). Net loss: kr31.0m (down 321% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Oct 24Bulten AB (publ), Annual General Meeting, Apr 25, 2024Bulten AB (publ), Annual General Meeting, Apr 25, 2024.Reported Earnings • Jul 13Second quarter 2023 earnings released: EPS: kr1.81 (vs kr0.86 in 2Q 2022)Second quarter 2023 results: EPS: kr1.81 (up from kr0.86 in 2Q 2022). Revenue: kr1.42b (up 41% from 2Q 2022). Net income: kr38.0m (up 111% from 2Q 2022). Profit margin: 2.7% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 19Upcoming dividend of kr2.50 per share at 2.8% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 95%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%).Reported Earnings • Apr 06Full year 2022 earnings releasedFull year 2022 results: Revenue: kr4.47b (up 20% from FY 2021). Net income: kr55.0m (down 62% from FY 2021). Profit margin: 1.2% (down from 3.8% in FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 19% per year.Board Change • Mar 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director JoaKim Stenberg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 13Bulten AB (publ) to Report Q1, 2023 Results on Apr 25, 2023Bulten AB (publ) announced that they will report Q1, 2023 results at 1:30 PM, Central European Standard Time on Apr 25, 2023お知らせ • Jan 17Bulten AB (publ) (OM:BULTEN) acquired 36.5% stake in TensionCam Systems AB for SEK 4 million.Bulten AB (publ) (OM:BULTEN) acquired 36.5% stake in TensionCam Systems AB for SEK 4 million on January 16, 2023. TensionCam is owned by Emergera AB which holds the remaining 36.5% of the company’s shares.Bulten AB (publ) (OM:BULTEN) completed the acquisition of 36.5% stake in TensionCam Systems AB for on January 16, 2023.お知らせ • Dec 24Bulten AB (publ) to Report Fiscal Year 2022 Final Results on Apr 03, 2023Bulten AB (publ) announced that they will report fiscal year 2022 final results at 12:00 PM, Central European Standard Time on Apr 03, 2023お知らせ • Dec 08Bulten Closes Manufacturing Plant in the UKBulten has decided to close its manufacturing plant in Pembroke, UK. The closure means that 50 jobs are at risk of redundancy. The closing-down process will begin with immediate effect, and the plan is to complete the process during the second quarter of 2023. Total restructuring costs amount to approximately SEK 11 million, of which SEK 9 million are reserved for the current year. There will be additional investments totaling about SEK 12 million in connection with the closure. These primarily relate to relocation of equipment and production to Bulten's other manufacturing plants, along with a few new recruitments. The operation in Pembroke became part of Bulten Group in 2020 with the acquisition of PSM International. Fifty people are currently employed at the plant, manufacturing and purchasing fasteners for different industrial segments. Bulten's other operations in the UK will not be affected by the closure of the Pembroke plant.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director JoaKim Stenberg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr0.67 (vs kr0.67 in 3Q 2021)Third quarter 2022 results: EPS: kr0.67 (in line with 3Q 2021). Revenue: kr1.10b (up 43% from 3Q 2021). Net income: kr14.0m (flat on 3Q 2021). Profit margin: 1.3% (down from 1.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 22Bulten AB (publ), Annual General Meeting, Apr 25, 2023Bulten AB (publ), Annual General Meeting, Apr 25, 2023.Reported Earnings • Jul 14Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr1.01b (up 11% from 2Q 2021). Net income: kr18.0m (down 51% from 2Q 2021). Profit margin: 1.8% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Recent Insider Transactions • May 11Independent Chairman of the Board recently bought €69k worth of stockOn the 2nd of May, Ulf Liljedahl bought around 11k shares on-market at roughly €6.43 per share. This was the largest purchase by an insider in the last 3 months. This was Ulf's only on-market trade for the last 12 months.Reported Earnings • May 01First quarter 2022 earnings released: kr1.91 loss per share (vs kr3.24 profit in 1Q 2021)First quarter 2022 results: kr1.91 loss per share (down from kr3.24 profit in 1Q 2021). Revenue: kr1.03b (down 6.3% from 1Q 2021). Net loss: kr40.0m (down 159% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director JoaKim Stenberg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 22Upcoming dividend of kr2.25 per shareEligible shareholders must have bought the stock before 29 April 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.8%). Lower than average of industry peers (3.6%).お知らせ • Apr 20CAR SEATS LLC agreed to acquire Russian operation from Bulten AB (publ) (OM:BULTEN) for approximately SEK 10 million.CAR SEATS LLC agreed to acquire Russian operation from Bulten AB (publ) (OM:BULTEN) for approximately SEK 10 million on April 19, 2022. The divestment of the Russian operation, redemption of shares and the liquidation of the joint venture are planned to be completed shortly. Bulten communicated on March 4 that the company was exiting its operations in Russia, due to the current situation in the country related to the war in Ukraine.Reported Earnings • Apr 08Full year 2021 earnings released: EPS: kr6.81 (vs kr2.64 in FY 2020)Full year 2021 results: EPS: kr6.81 (up from kr2.64 in FY 2020). Revenue: kr3.73b (up 17% from FY 2020). Net income: kr143.0m (up 160% from FY 2020). Profit margin: 3.8% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 8.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €5.94, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 18% over the past three years.お知らせ • Feb 11+ 1 more updateBulten AB (publ) Provides Sales Guidance for the Year 2024Bulten AB (publ) provided sales guidance for the year 2024. Despite the past year's turbulence, the company hold on to and aim for sales reaching SEK 5 billion in 2024.Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr6.81 (up from kr2.64 in FY 2020). Revenue: kr3.73b (up 17% from FY 2020). Net income: kr143.0m (up 160% from FY 2020). Profit margin: 3.8% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20% compared to a 3.1% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS kr0.67 (vs kr0.91 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr764.0m (down 10% from 3Q 2020). Net income: kr14.0m (down 26% from 3Q 2020). Profit margin: 1.8% (down from 2.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.Reported Earnings • Jul 16Second quarter 2021 earnings released: EPS kr1.76 (vs kr1.86 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr910.0m (up 106% from 2Q 2020). Net income: kr37.0m (up kr76.0m from 2Q 2020). Profit margin: 4.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS kr3.24 (vs kr0.64 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr1.10b (up 34% from 1Q 2020). Net income: kr68.0m (up 423% from 1Q 2020). Profit margin: 6.2% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 23Upcoming dividend of kr2.00 per shareEligible shareholders must have bought the stock before 29 April 2021. Payment date: 05 May 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (2.0%).Reported Earnings • Apr 09Full year 2020 earnings released: EPS kr2.64 (vs kr2.65 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: kr3.20b (up 3.3% from FY 2019). Net income: kr55.0m (up 3.8% from FY 2019). Profit margin: 1.7% (in line with FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 02New 90-day high: €10.70The company is up 33% from its price of €8.07 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.61 per share.Analyst Estimate Surprise Post Earnings • Feb 13Revenue beats expectationsRevenue exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 26%, compared to a 9.7% growth forecast for the Auto Components industry in Germany.Reported Earnings • Feb 13Full year 2020 earnings released: EPS kr2.64 (vs kr2.65 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: kr3.20b (up 3.3% from FY 2019). Net income: kr55.0m (up 3.8% from FY 2019). Profit margin: 1.7% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 04New 90-day high: €9.24The company is up 19% from its price of €7.75 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.04 per share.Is New 90 Day High Low • Jan 14New 90-day high: €9.13The company is up 19% from its price of €7.65 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.30 per share.Is New 90 Day High Low • Dec 15New 90-day high: €8.66The company is up 42% from its price of €6.10 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.34 per share.Is New 90 Day High Low • Nov 10New 90-day high: €8.06The company is up 39% from its price of €5.80 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.85 per share.お知らせ • Nov 06Bulten AB Announces Management ChangesBulten AB (publ) has appointed Anna Åkerblad as new Chief Financial Officer. She will assume the position at the latest in the beginning of March 2021 and will be a member of the Group Management. Anna Åkerblad is currently Group CFO at Absolent Group. Prior to that, she was Group CFO at Axel Christiernsson International AB for ten years and has also held senior finance positions within BIM Kemi and as an auditor and consultant at Deloitte. Anna was born in 1975 and has a Msc. in Business Administration from the School of Business, Economics and Law at the University of Gothenburg. Anna succeeds Claes Lundqvist, who has been acting CFO since 1 August 2020.Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of kr4.00m, down 94% from the prior year. Total revenue was kr2.90b over the last 12 months, down 5.1% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 22Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 8.1% at kr853.0m. Revenue is forecast to grow 25% over the next year, compared to a 3.6% growth forecast for the Auto Components industry in Germany.お知らせ • Oct 13+ 4 more updatesBulten AB (publ) to Report Q2, 2021 Results on Jul 13, 2021Bulten AB (publ) announced that they will report Q2, 2021 results at 8:30 AM, Central European Standard Time on Jul 13, 2021Is New 90 Day High Low • Oct 01New 90-day high: €6.80The company is up 34% from its price of €5.08 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.88 per share.株主還元3FBDE Auto ComponentsDE 市場7D5.4%-0.05%3.2%1Y-17.8%7.6%2.5%株主還元を見る業界別リターン: 3FB過去 1 年間で7.6 % の収益を上げたGerman Auto Components業界を下回りました。リターン対市場: 3FBは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is 3FB's price volatile compared to industry and market?3FB volatility3FB Average Weekly Movement5.4%Auto Components Industry Average Movement6.2%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: 3FB 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3FBの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト18731,762Axel Berntssonwww.bulten.com/enBulten AB (publish)は、その子会社とともに、スウェーデン、ポーランド、ドイツ、英国、その他のヨーロッパ、米国、中国、および国際的にファスナーを製造・販売している。同社は、パッチ付きねじ／ボルト、プラスチック用ねじ、セムスねじ、ねじ成形ねじ、セルフアライニングねじ、オールメタルロックねじ／ボルト、溶接ねじ／ボルトなどのボルトとねじ、六角ナット、フランジナット、セルフクリンチングナット、キャップナット、ホイールナット、溶接ナット、キャプティブワッシャー付きフランジナットなどのナット、ミニチュアファスナー、圧縮リミッター、キャプティブボルトアセンブリー、プラスチック用インサート、クリンチファスナー、その他のCパーツ、および顧客の設計ソリューションを提供している。また、コンセプト開発、ラピッドプロトタイピング、製品設計、アプリケーションおよび製品エンジニアリング、常駐エンジニアリング、フルサービスプロバイダ、カスタマイズされた物流ソリューション、品揃えの合理化、ベンダー管理在庫、クランプ荷重測定サービスも提供している。自動車、家電、白物家電、産業機器、医療機器、再生可能エネルギー、芝生・園芸、レジャー・冒険用品、インフラ開発、精密機器などの分野にサービスを提供している。同社は以前はFinnvedenBulten AB（publ）として知られていたが、2014年9月にBulten AB（publ）に社名を変更した。Bulten AB（publ）は1873年に設立され、スウェーデンのヨーテボリに本社を置いている。もっと見るBulten AB (publ) 基礎のまとめBulten の収益と売上を時価総額と比較するとどうか。3FB 基礎統計学時価総額€96.62m収益（TTM）-€1.01m売上高(TTM)€464.50m0.2xP/Sレシオ-95.4xPER（株価収益率3FB は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3FB 損益計算書（TTM）収益SEK 5.05b売上原価SEK 4.12b売上総利益SEK 928.00mその他の費用SEK 939.00m収益-SEK 11.00m直近の収益報告Dec 31, 2025次回決算日Jul 10, 2026一株当たり利益（EPS）-0.52グロス・マージン18.39%純利益率-0.22%有利子負債／自己資本比率56.4%3FB の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 10:53終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bulten AB (publ) 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Kenneth Toll JohanssonCarnegie Investment Bank ABBjörn EnarsonDanske Bank
お知らせ • Apr 25+ 1 more updateBulten AB Approves Board ChangesBulten AB held its Annual General Meeting (AGM) on April 23, 2026. The company resolved to elect Jonas Halvord as ordinary Board members. Hans Peter Havdal and Christina Hallin have declined re-election.
お知らせ • Feb 03+ 3 more updatesBulten AB (publ) to Report First Half, 2026 Results on Jul 10, 2026Bulten AB (publ) announced that they will report first half, 2026 results on Jul 10, 2026
お知らせ • Oct 21Bulten AB (publ), Annual General Meeting, Apr 23, 2026Bulten AB (publ), Annual General Meeting, Apr 23, 2026.
お知らせ • Apr 29+ 1 more updateBulten AB (publ) Approves DividendBulten AB (publ) at its AGM held on April 28, 2025 resolved that the profit of SEK 757,243,451 at the disposal of the AGM be allocated so that a total amount of SEK 57,716,978, equivalent to a dividend of SEK 2.75 per share entitled to dividends, be distributed to the shareholders and that SEK 699,526,473 be carried forward to new accounts. Furthermore, in accordance with the Board proposal, the AGM resolved to establish April 30, 2025 as the record day for the dividend.
お知らせ • Jan 30Bulten AB (publ) to Report Q1, 2025 Results on Apr 28, 2025Bulten AB (publ) announced that they will report Q1, 2025 results at 1:30 PM, Central European Standard Time on Apr 28, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: kr1.57 (vs kr1.48 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.57 (up from kr1.48 loss in 3Q 2023). Revenue: kr1.38b (flat on 3Q 2023). Net income: kr33.0m (up kr64.0m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Apr 25+ 1 more updateBulten AB Approves Board ChangesBulten AB held its Annual General Meeting (AGM) on April 23, 2026. The company resolved to elect Jonas Halvord as ordinary Board members. Hans Peter Havdal and Christina Hallin have declined re-election.
お知らせ • Feb 03+ 3 more updatesBulten AB (publ) to Report First Half, 2026 Results on Jul 10, 2026Bulten AB (publ) announced that they will report first half, 2026 results on Jul 10, 2026
お知らせ • Oct 21Bulten AB (publ), Annual General Meeting, Apr 23, 2026Bulten AB (publ), Annual General Meeting, Apr 23, 2026.
お知らせ • Apr 29+ 1 more updateBulten AB (publ) Approves DividendBulten AB (publ) at its AGM held on April 28, 2025 resolved that the profit of SEK 757,243,451 at the disposal of the AGM be allocated so that a total amount of SEK 57,716,978, equivalent to a dividend of SEK 2.75 per share entitled to dividends, be distributed to the shareholders and that SEK 699,526,473 be carried forward to new accounts. Furthermore, in accordance with the Board proposal, the AGM resolved to establish April 30, 2025 as the record day for the dividend.
お知らせ • Jan 30Bulten AB (publ) to Report Q1, 2025 Results on Apr 28, 2025Bulten AB (publ) announced that they will report Q1, 2025 results at 1:30 PM, Central European Standard Time on Apr 28, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: kr1.57 (vs kr1.48 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.57 (up from kr1.48 loss in 3Q 2023). Revenue: kr1.38b (flat on 3Q 2023). Net income: kr33.0m (up kr64.0m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Oct 22+ 2 more updatesBulten AB (publ) to Report Fiscal Year 2025 Results on Feb 03, 2026Bulten AB (publ) announced that they will report fiscal year 2025 results on Feb 03, 2026
お知らせ • Oct 18Bulten AB (publ), Annual General Meeting, Apr 28, 2025Bulten AB (publ), Annual General Meeting, Apr 28, 2025.
お知らせ • Jul 23+ 1 more updateBulten AB (Publ) Appoints Axel Berntsson as CEO, Effective No Later Than January 22, 2025Bulten AB (publ) announced appointment of Axel Berntsson as CEO of the Bulten Group. Axel comes most recently from the position as President and CEO of Absolent Air Care Group (publ), which he has held since 2018. Prior to that he was CEO of the subsidiary Absolent AB for two years. He also has experience from senior roles within the companies ESAB and CPS Color, and has worked as management consultant at Accenture. Axel is 44 years old and holds a MSc in Industrial Engineering and Management from Chalmers University of Technology in Gothenburg, Sweden. Axel will take up his new role no later than January 22, 2025.
Reported Earnings • Jul 11Second quarter 2024 earnings released: EPS: kr1.62 (vs kr1.81 in 2Q 2023)Second quarter 2024 results: EPS: kr1.62 (down from kr1.81 in 2Q 2023). Revenue: kr1.47b (up 3.5% from 2Q 2023). Net income: kr34.0m (down 11% from 2Q 2023). Profit margin: 2.3% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: kr3.24 (vs kr3.57 in 1Q 2023)First quarter 2024 results: EPS: kr3.24 (down from kr3.57 in 1Q 2023). Revenue: kr1.53b (up 11% from 1Q 2023). Net income: kr68.0m (down 9.3% from 1Q 2023). Profit margin: 4.4% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Apr 25Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 1.1% to €6.68. The fair value is estimated to be €5.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%.
Upcoming Dividend • Apr 19Upcoming dividend of kr2.50 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Apr 05Full year 2023 earnings released: EPS: kr4.91 (vs kr2.62 in FY 2022)Full year 2023 results: EPS: kr4.91 (up from kr2.62 in FY 2022). Revenue: kr5.76b (up 29% from FY 2022). Net income: kr103.0m (up 87% from FY 2022). Profit margin: 1.8% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 03Dividend of kr2.50 announcedShareholders will receive a dividend of kr2.50. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 40%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 103% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Mar 27Now 23% overvaluedOver the last 90 days, the stock has fallen 10% to €6.38. The fair value is estimated to be €5.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 179% in the next 2 years.
お知らせ • Mar 23Bulten AB Proposes Dividend, Payable on May 3, 2024Bulten AB at its Annual General Meeting to be held on April 25, 2024, proposed the profit of SEK 852,901,191 at the disposal of the AGM be allocated so that a total amount of SEK 52,469,980, equivalent to SEK 2.50 per share entitled to dividends, be distributed to the shareholders and that SEK 800,431,211 be carried forward to new accounts. The Board proposed that April 29, 2024 be the record day. If the AGM resolves in accordance with the proposal, the dividend is expected to be paid via Euroclear Sweden AB on May 3, 2024.
お知らせ • Mar 16+ 4 more updatesBulten AB (publ) to Report Q3, 2024 Results on Oct 22, 2024Bulten AB (publ) announced that they will report Q3, 2024 results at 1:30 PM, Central European Standard Time on Oct 22, 2024
Buy Or Sell Opportunity • Feb 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €6.50. The fair value is estimated to be €5.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 179% in the next 2 years.
Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €6.32. The fair value is estimated to be €5.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 179% in the next 2 years.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: kr4.91 (vs kr2.62 in FY 2022)Full year 2023 results: EPS: kr4.91 (up from kr2.62 in FY 2022). Revenue: kr5.76b (up 29% from FY 2022). Net income: kr103.0m (up 87% from FY 2022). Profit margin: 1.8% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31Bulten AB (Publ) Makes Changes to Its Executive ManagementIn order to achieve its strategic ambitions in the markets where Bulten operates and further increase the company's innovative power, changes are being made to Bulten's Executive Management Team. The new organization will better support the company's objectives, and its vision to create and deliver the most innovative and sustainable fastener solutions. The following people have been appointed to head up each region: Markus Baum President Region Europe, Bent Wessel-Aas Interim President Region Asia. To further consolidate Bulten's expertise in product development and innovation, the company's engineering resources are also being reorganized. Emmy Pavlovic, formerly SVP Technology and Innovation, is being appointed Chief Technical Officer (CTO). In addition to her existing innovation team, she will now also be responsible for application engineers and future preparation/process engineers. Gathering the engineers in one and the same function will boost the company's ability to respond to customers' future needs for new types of technical solutions. Following these changes, Bulten's EMT now comprises: Christina Hallin Interim President and CEO (from 9 Feb), Anna Åkerblad CFO, Markus Baum President Region Europe, Bent Wessel-Aas Interim President Region Asia, Emmy Pavlovic CTO, Claes Lindroth SVP Purchasing and Quality, Marlene Dybeck SVP HR and Sustainability, Ulrika Hultgren SVP Corporate Communications and IR.
お知らせ • Jan 23+ 1 more updateBulten AB (publ) Announces CEO ChangesBulten AB (publ) announced that after five years as CEO and President, Anders Nyström has on 22 January 2024 informed the Board of Directorsthat he has decided to leave the company for other challenges. Anders Nyström will leave Bulten on February 9, 2024. The Board of Directors will now initiate the recruitment process for a new CEO and President. Christina Hallin, current board member of Bulten, has been appointed as interim CEOand President of Bulten in connection with Anders Nyström's departure, and will act as such until a new CEO and President has been recruited and taken up the position.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €6.39, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Oct 28Third quarter 2023 earnings released: kr1.48 loss per share (vs kr0.67 profit in 3Q 2022)Third quarter 2023 results: kr1.48 loss per share (down from kr0.67 profit in 3Q 2022). Revenue: kr1.38b (up 26% from 3Q 2022). Net loss: kr31.0m (down 321% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Oct 24Bulten AB (publ), Annual General Meeting, Apr 25, 2024Bulten AB (publ), Annual General Meeting, Apr 25, 2024.
Reported Earnings • Jul 13Second quarter 2023 earnings released: EPS: kr1.81 (vs kr0.86 in 2Q 2022)Second quarter 2023 results: EPS: kr1.81 (up from kr0.86 in 2Q 2022). Revenue: kr1.42b (up 41% from 2Q 2022). Net income: kr38.0m (up 111% from 2Q 2022). Profit margin: 2.7% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 19Upcoming dividend of kr2.50 per share at 2.8% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 95%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Apr 06Full year 2022 earnings releasedFull year 2022 results: Revenue: kr4.47b (up 20% from FY 2021). Net income: kr55.0m (down 62% from FY 2021). Profit margin: 1.2% (down from 3.8% in FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 19% per year.
Board Change • Mar 08High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director JoaKim Stenberg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 13Bulten AB (publ) to Report Q1, 2023 Results on Apr 25, 2023Bulten AB (publ) announced that they will report Q1, 2023 results at 1:30 PM, Central European Standard Time on Apr 25, 2023
お知らせ • Jan 17Bulten AB (publ) (OM:BULTEN) acquired 36.5% stake in TensionCam Systems AB for SEK 4 million.Bulten AB (publ) (OM:BULTEN) acquired 36.5% stake in TensionCam Systems AB for SEK 4 million on January 16, 2023. TensionCam is owned by Emergera AB which holds the remaining 36.5% of the company’s shares.Bulten AB (publ) (OM:BULTEN) completed the acquisition of 36.5% stake in TensionCam Systems AB for on January 16, 2023.
お知らせ • Dec 24Bulten AB (publ) to Report Fiscal Year 2022 Final Results on Apr 03, 2023Bulten AB (publ) announced that they will report fiscal year 2022 final results at 12:00 PM, Central European Standard Time on Apr 03, 2023
お知らせ • Dec 08Bulten Closes Manufacturing Plant in the UKBulten has decided to close its manufacturing plant in Pembroke, UK. The closure means that 50 jobs are at risk of redundancy. The closing-down process will begin with immediate effect, and the plan is to complete the process during the second quarter of 2023. Total restructuring costs amount to approximately SEK 11 million, of which SEK 9 million are reserved for the current year. There will be additional investments totaling about SEK 12 million in connection with the closure. These primarily relate to relocation of equipment and production to Bulten's other manufacturing plants, along with a few new recruitments. The operation in Pembroke became part of Bulten Group in 2020 with the acquisition of PSM International. Fifty people are currently employed at the plant, manufacturing and purchasing fasteners for different industrial segments. Bulten's other operations in the UK will not be affected by the closure of the Pembroke plant.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director JoaKim Stenberg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr0.67 (vs kr0.67 in 3Q 2021)Third quarter 2022 results: EPS: kr0.67 (in line with 3Q 2021). Revenue: kr1.10b (up 43% from 3Q 2021). Net income: kr14.0m (flat on 3Q 2021). Profit margin: 1.3% (down from 1.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 22Bulten AB (publ), Annual General Meeting, Apr 25, 2023Bulten AB (publ), Annual General Meeting, Apr 25, 2023.
Reported Earnings • Jul 14Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr1.01b (up 11% from 2Q 2021). Net income: kr18.0m (down 51% from 2Q 2021). Profit margin: 1.8% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • May 11Independent Chairman of the Board recently bought €69k worth of stockOn the 2nd of May, Ulf Liljedahl bought around 11k shares on-market at roughly €6.43 per share. This was the largest purchase by an insider in the last 3 months. This was Ulf's only on-market trade for the last 12 months.
Reported Earnings • May 01First quarter 2022 earnings released: kr1.91 loss per share (vs kr3.24 profit in 1Q 2021)First quarter 2022 results: kr1.91 loss per share (down from kr3.24 profit in 1Q 2021). Revenue: kr1.03b (down 6.3% from 1Q 2021). Net loss: kr40.0m (down 159% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Employee Representative Director JoaKim Stenberg was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 22Upcoming dividend of kr2.25 per shareEligible shareholders must have bought the stock before 29 April 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.8%). Lower than average of industry peers (3.6%).
お知らせ • Apr 20CAR SEATS LLC agreed to acquire Russian operation from Bulten AB (publ) (OM:BULTEN) for approximately SEK 10 million.CAR SEATS LLC agreed to acquire Russian operation from Bulten AB (publ) (OM:BULTEN) for approximately SEK 10 million on April 19, 2022. The divestment of the Russian operation, redemption of shares and the liquidation of the joint venture are planned to be completed shortly. Bulten communicated on March 4 that the company was exiting its operations in Russia, due to the current situation in the country related to the war in Ukraine.
Reported Earnings • Apr 08Full year 2021 earnings released: EPS: kr6.81 (vs kr2.64 in FY 2020)Full year 2021 results: EPS: kr6.81 (up from kr2.64 in FY 2020). Revenue: kr3.73b (up 17% from FY 2020). Net income: kr143.0m (up 160% from FY 2020). Profit margin: 3.8% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 8.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €5.94, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 18% over the past three years.
お知らせ • Feb 11+ 1 more updateBulten AB (publ) Provides Sales Guidance for the Year 2024Bulten AB (publ) provided sales guidance for the year 2024. Despite the past year's turbulence, the company hold on to and aim for sales reaching SEK 5 billion in 2024.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr6.81 (up from kr2.64 in FY 2020). Revenue: kr3.73b (up 17% from FY 2020). Net income: kr143.0m (up 160% from FY 2020). Profit margin: 3.8% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20% compared to a 3.1% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS kr0.67 (vs kr0.91 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr764.0m (down 10% from 3Q 2020). Net income: kr14.0m (down 26% from 3Q 2020). Profit margin: 1.8% (down from 2.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.
Reported Earnings • Jul 16Second quarter 2021 earnings released: EPS kr1.76 (vs kr1.86 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr910.0m (up 106% from 2Q 2020). Net income: kr37.0m (up kr76.0m from 2Q 2020). Profit margin: 4.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS kr3.24 (vs kr0.64 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr1.10b (up 34% from 1Q 2020). Net income: kr68.0m (up 423% from 1Q 2020). Profit margin: 6.2% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 23Upcoming dividend of kr2.00 per shareEligible shareholders must have bought the stock before 29 April 2021. Payment date: 05 May 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (2.0%).
Reported Earnings • Apr 09Full year 2020 earnings released: EPS kr2.64 (vs kr2.65 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: kr3.20b (up 3.3% from FY 2019). Net income: kr55.0m (up 3.8% from FY 2019). Profit margin: 1.7% (in line with FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 02New 90-day high: €10.70The company is up 33% from its price of €8.07 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.61 per share.
Analyst Estimate Surprise Post Earnings • Feb 13Revenue beats expectationsRevenue exceeded analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 26%, compared to a 9.7% growth forecast for the Auto Components industry in Germany.
Reported Earnings • Feb 13Full year 2020 earnings released: EPS kr2.64 (vs kr2.65 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: kr3.20b (up 3.3% from FY 2019). Net income: kr55.0m (up 3.8% from FY 2019). Profit margin: 1.7% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 04New 90-day high: €9.24The company is up 19% from its price of €7.75 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.04 per share.
Is New 90 Day High Low • Jan 14New 90-day high: €9.13The company is up 19% from its price of €7.65 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.30 per share.
Is New 90 Day High Low • Dec 15New 90-day high: €8.66The company is up 42% from its price of €6.10 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.34 per share.
Is New 90 Day High Low • Nov 10New 90-day high: €8.06The company is up 39% from its price of €5.80 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.85 per share.
お知らせ • Nov 06Bulten AB Announces Management ChangesBulten AB (publ) has appointed Anna Åkerblad as new Chief Financial Officer. She will assume the position at the latest in the beginning of March 2021 and will be a member of the Group Management. Anna Åkerblad is currently Group CFO at Absolent Group. Prior to that, she was Group CFO at Axel Christiernsson International AB for ten years and has also held senior finance positions within BIM Kemi and as an auditor and consultant at Deloitte. Anna was born in 1975 and has a Msc. in Business Administration from the School of Business, Economics and Law at the University of Gothenburg. Anna succeeds Claes Lundqvist, who has been acting CFO since 1 August 2020.
Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of kr4.00m, down 94% from the prior year. Total revenue was kr2.90b over the last 12 months, down 5.1% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 22Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 8.1% at kr853.0m. Revenue is forecast to grow 25% over the next year, compared to a 3.6% growth forecast for the Auto Components industry in Germany.
お知らせ • Oct 13+ 4 more updatesBulten AB (publ) to Report Q2, 2021 Results on Jul 13, 2021Bulten AB (publ) announced that they will report Q2, 2021 results at 8:30 AM, Central European Standard Time on Jul 13, 2021
Is New 90 Day High Low • Oct 01New 90-day high: €6.80The company is up 34% from its price of €5.08 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.88 per share.
