View ValuationTomra Systems 将来の成長Future 基準チェック /56Tomra Systems利益と収益がそれぞれ年間37.3%と13.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に25.7% 36.8%なると予測されています。主要情報37.3%収益成長率36.82%EPS成長率Machinery 収益成長24.8%収益成長率13.4%将来の株主資本利益率25.69%アナリストカバレッジGood最終更新日18 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Director Hege Skryseth was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Feb 13Tomra Systems ASA Proposes Dividend for the Financial Year 2025, Payable on from 19 May 2026The Board of Directors of Tomra Systems ASA proposed an ordinary dividend of NOK 2.15 per share for 2025, corresponding to a payout ratio of 58% of EPS, which is the same as the dividend for 2024. Last day including right: 23 April 2026; Ex-date: 24 April 2026;Record date: 27 April 2026; Payment date: from 19 May 2026; Date of approval: 23 April 2026.Board Change • Dec 30Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Director Hege Skryseth was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 17Tomra Systems ASA, Annual General Meeting, Apr 23, 2026Tomra Systems ASA, Annual General Meeting, Apr 23, 2026.お知らせ • Nov 14+ 4 more updatesTomra Systems ASA to Report Q3, 2026 Results on Oct 23, 2026Tomra Systems ASA announced that they will report Q3, 2026 results on Oct 23, 2026お知らせ • Sep 23Tomra Systems ASA (OB:TOM) entered into an agreement to acquire C&C Consolidated Holdings, LLC for $60 million.Tomra Systems ASA (OB:TOM) entered into an agreement to acquire C&C Consolidated Holdings, LLC for $60 million on September 22, 2025. TOMRA will pay a consideration of $45 million for the shares. An additional consideration of up to $15 million will be contingent on performance milestones up until the end of 2027 as part of an earn-out structure. The purchase price represents an expected 2027 EV/EBITA multiple below 10x. The acquisition will be financed on a debt basis. The expected completion of the transaction is before the end of the third quarter 2025.お知らせ • Sep 04Tomra Systems ASA Announces Executive ChangesTomra Systems ASA announced Lars Enge has been appointed the new EVP of TOMRA Recycling. Lars started his position as EVP of Group Strategy in March 2022 and has been a vital part of the leadership since joining. During the past three years he has successfully established TOMRA Horizon - a portfolio of new ventures within TOMRA including TOMRA Feedstock and Reuse as well as the acquisition of c-trace. Lars will step into the role with effective September 3, 2025 . Katrin Fricke, the current EVP of TOMRA Recycling, will pursue new opportunities outside of TOMRA.お知らせ • Aug 06Tomra Systems ASA (OB:TOM) acquired remaining 20% stake in Tomra Collection Pty. Ltd. for AUD 94 million.Tomra Systems ASA (OB:TOM) acquired remaining 20% stake in Tomra Collection Pty. Ltd. for AUD 94 million on August 5, 2025. A cash consideration of AUD 94 million will be paid by Tomra Systems ASA. As part of consideration, AUD 94 million is paid towards common equity of Tomra Collection Pty. Ltd. Tomra Systems ASA (OB:TOM) completed the acquisition of the remaining 20% stake in Tomra Collection Pty. Ltd. on August 5, 2025.お知らせ • Mar 25Tomra Systems ASA(OB:TOM) dropped from Oslo OBX Total Return IndexTomra Systems ASA removed from Oslo OBX Total Return Indexお知らせ • Feb 14Tomra Systems ASA Proposes Dividend for the Financial Year 2024, Payable on 20 May 2025The board of directors of TOMRA Systems ASA proposes a dividend of NOK 2.15 per share, based on the company's financial statements for the financial year 2024, to the General Meeting. Ex-date is 7 May 2025. Record date is 8 May 2025. Payment date is from 20 May 2025. Date of approval is 6 May 2025.Board Change • Dec 30Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Hege Skryseth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Dec 16Tomra Systems ASA, Annual General Meeting, May 06, 2025Tomra Systems ASA, Annual General Meeting, May 06, 2025.お知らせ • Dec 13+ 4 more updatesTomra Systems ASA to Report Fiscal Year 2024 Results on Mar 21, 2025Tomra Systems ASA announced that they will report fiscal year 2024 results on Mar 21, 2025お知らせ • Oct 25Tomra Systems ASA (OB:TOM) acquired 80% stake in C-Trace GmbH.Tomra Systems ASA (OB:TOM) acquired 80% stake in C-Trace GmbH on October 24, 2024. TOMRA will initially acquire 80% of the shares in c-trace, with an option for the remaining 20%, which are held by the founders, after 2 years. The acquisition is expected to be immediately accretive and generate strong capital returns to TOMRA – supporting the targets set out at TOMRA’s Capital Markets Day. C-Trace GmbH ’s revenues in the last twelve months amounted to €21 million. Tomra Systems ASA (OB:TOM) completed the acquisition of 80% stake in C-Trace GmbH on October 24, 2024.Buy Or Sell Opportunity • Oct 24Now 25% overvaluedOver the last 90 days, the stock has fallen 9.5% to €13.10. The fair value is estimated to be €10.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 206% in the next 2 years.Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: €0.07 (vs €0.053 in 3Q 2023)Third quarter 2024 results: EPS: €0.07 (up from €0.053 in 3Q 2023). Revenue: €326.0m (up 4.9% from 3Q 2023). Net income: €20.0m (up 27% from 3Q 2023). Profit margin: 6.1% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 24% per year.お知らせ • Sep 23Tomra Systems ASA(OB:TOM) dropped from FTSE All-World Index (USD)Tomra Systems ASA(OB:TOM) dropped from FTSE All-World Index (USD)New Risk • Jul 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin).New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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 Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin).Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.05 (vs kr0.42 in 1Q 2023)First quarter 2024 results: EPS: kr0.05 (down from kr0.42 in 1Q 2023). Revenue: kr3.32b (up 2.6% from 1Q 2023). Net income: kr15.0m (down 88% from 1Q 2023). Profit margin: 0.5% (down from 3.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Apr 19Upcoming dividend of kr1.95 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%).Board Change • Mar 28Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Bjorn Matre was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 25Full year 2023 earnings released: EPS: kr2.36 (vs kr3.49 in FY 2022)Full year 2023 results: EPS: kr2.36 (down from kr3.49 in FY 2022). Revenue: kr14.8b (up 21% from FY 2022). Net income: kr697.1m (down 32% from FY 2022). Profit margin: 4.7% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €13.29, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.48 per share.Declared Dividend • Feb 26Dividend of kr1.95 announcedShareholders will receive a dividend of kr1.95. Ex-date: 26th April 2024 Payment date: 10th May 2024 Dividend yield will be 15%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 110% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Feb 19Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to €12.58. The fair value is estimated to be €9.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: kr2.36 (vs kr3.49 in FY 2022)Full year 2023 results: EPS: kr2.36 (down from kr3.49 in FY 2022). Revenue: kr14.8b (up 21% from FY 2022). Net income: kr697.0m (down 32% from FY 2022). Profit margin: 4.7% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 26%After last week's 26% share price gain to €11.39, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.65 per share.お知らせ • Feb 15Tomra Systems ASA Proposes Cash Dividend for the Financial Year 2023, Payable from 10 May 2024The Board of Directors of TOMRA Systems ASA proposed to the General Meeting a dividend of NOK 1.95 per share on the basis of the company's financial statements for the financial year 2023. Ex-date: 26 April 2024. Record date: 29 April 2024. Payment date: From 10 May 2024. Date of approval: 25 April 2024.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €11.19, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.58 per share.お知らせ • Dec 02+ 3 more updatesTomra Systems ASA to Report First Half, 2024 Results on Jul 19, 2024Tomra Systems ASA announced that they will report first half, 2024 results on Jul 19, 2024Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.78, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 10x in the Machinery industry in Germany. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.45 per share.Reported Earnings • Oct 21Third quarter 2023 earnings released: EPS: kr0.60 (vs kr0.97 in 3Q 2022)Third quarter 2023 results: EPS: kr0.60 (down from kr0.97 in 3Q 2022). Revenue: kr3.52b (up 11% from 3Q 2022). Net income: kr214.0m (down 33% from 3Q 2022). Profit margin: 6.1% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €7.52, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 10x in the Machinery industry in Germany. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.11 per share.お知らせ • Sep 20Tomra Systems ASA Announces Appointment of Marius Fraurud as New EVP Head of CollectionTomra Systems ASA announced appointment of Marius Fraurud as new EVP Head of Collection. Marius has held various leadership roles within Collection since joining the company in 2016 as Head of Research and Development, where he played an instrumental role in the development of TOMRA's multi-feed technology for reverse vending machines (RVMs). Most recently, Marius has been SVP Head of Europe, Middle East & Africa (EMEA) in Collection with focus on commercially expanding and preparing new markets for deposit return systems (DRS). Marius holds a master's degree in Electronic Engineering from the Norwegian University of Science and Technology and has previous experience from Alcatel, Ericsson, Aker Solutions Subsea, and the startup Axxessit.お知らせ • Sep 19Tomra Appoints Marius Fraurud as New EVP Head of Collection, 1 October 2023Tomra announced Marius Fraurud has been appointed the new EVP Head of Collection. Marius has held various leadership roles within Collection since joining the company in 2016 as Head of Research and Development, where he played an instrumental role in the development of TOMRA's multi-feed technology for reverse vending machines (RVMs). Most recently, Marius has been SVP Head of Europe, Middle East & Africa (EMEA) in Collection with focus on commercially expanding and preparing new markets for deposit return systems (DRS). Marius holds a master's degree in Electronic Engineering from the Norwegian University of Science and Technology and has previous experience from Alcatel, Ericsson, Aker Solutions Subsea, and the startup Axxessit. Marius will begin in his new role on 1 October 2023.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr1.04 (vs kr0.78 in 2Q 2022)Second quarter 2023 results: EPS: kr1.04 (up from kr0.78 in 2Q 2022). Revenue: kr3.88b (up 27% from 2Q 2022). Net income: kr305.9m (up 11% from 2Q 2022). Profit margin: 7.9% (down from 9.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery 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 5% per year, which means it is significantly lagging earnings.お知らせ • Jun 05Tomra Systems ASA Announces Executive ChangesTomra Systems ASA announced that Harald Henriksen has been appointed EVP, Head of TOMRA Food as Michel Picandet is stepping down from the position with immediate effect. Harald has served as EVP, Head of TOMRA Collection since 2016, and has held various roles within the TOMRA Collection division since joining TOMRA in 2004. Thomas Risøy Johansen, Head of Strategy & Business Development TOMRA Collection, will serve as the interim Head of TOMRA Collection. Recruitment of the new EVP, Head of TOMRA Collection will commence immediately.Board Change • May 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Bjorn Matre was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: kr0.42 (vs kr0.48 in 1Q 2022)First quarter 2023 results: EPS: kr0.42 (down from kr0.48 in 1Q 2022). Revenue: kr3.24b (up 30% from 1Q 2022). Net income: kr123.6m (down 13% from 1Q 2022). Profit margin: 3.8% (down from 5.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services 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 fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 21Upcoming dividend of kr1.80 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.5%).Reported Earnings • Feb 26Full year 2022 earnings released: EPS: kr3.48 (vs kr3.70 in FY 2021)Full year 2022 results: EPS: kr3.48 (down from kr3.70 in FY 2021). Revenue: kr12.2b (up 12% from FY 2021). Net income: kr1.03b (down 5.7% from FY 2021). Profit margin: 8.4% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jan 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.8%. The fair value is estimated to be €19.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 53% in the next 2 years.Reported Earnings • Oct 23Third quarter 2022 earnings released: EPS: kr0.97 (vs kr1.12 in 3Q 2021)Third quarter 2022 results: EPS: kr0.97 (down from kr1.12 in 3Q 2021). Revenue: kr3.16b (up 9.5% from 3Q 2021). Net income: kr319.8m (down 13% from 3Q 2021). Profit margin: 10% (down from 13% 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 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €16.00, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.86 per share.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €19.77, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.53 per share.Reported Earnings • Jul 16Second quarter 2022 earnings released: EPS: kr0.80 (vs kr0.90 in 2Q 2021)Second quarter 2022 results: EPS: kr0.80 (down from kr0.90 in 2Q 2021). Revenue: kr3.05b (up 14% from 2Q 2021). Net income: kr238.1m (down 27% from 2Q 2021). Profit margin: 7.8% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to €18.74, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.44 per share.Recent Insider Transactions • May 17Chairperson recently bought €120k worth of stockOn the 16th of May, Johan Hjertonsson bought around 4k shares on-market at roughly €34.43 per share. This was the largest purchase by an insider in the last 3 months. This was Johan's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €35.58, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.84 per share.Upcoming Dividend • Apr 22Upcoming dividend of kr6.00 per shareEligible shareholders must have bought the stock before 29 April 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.8%). Lower than average of industry peers (2.5%).Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr7.39 (up from kr5.25 in FY 2020). Revenue: kr10.9b (up 9.7% from FY 2020). Net income: kr1.09b (up 41% from FY 2020). Profit margin: 10.0% (up from 7.8% 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 7.4%, compared to a 25% growth forecast for the industry in Germany. 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 24% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Mar 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be kr52.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.Recent Insider Transactions • Oct 27President & CEO recently bought €105k worth of stockOn the 25th of October, Tove Andersen bought around 2k shares on-market at roughly €52.53 per share. This was the largest purchase by an insider in the last 3 months. Tove has been a buyer over the last 12 months, purchasing a net total of €202k worth in shares.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS kr2.25 (vs kr1.96 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr2.88b (up 12% from 3Q 2020). Net income: kr366.7m (up 16% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Aug 31Insider recently sold €688k worth of stockOn the 25th of August, Harald Henriksen sold around 14k shares on-market at roughly €49.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months.Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS kr1.91 (vs kr1.37 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr2.69b (up 16% from 2Q 2020). Net income: kr282.3m (up 40% from 2Q 2020). Profit margin: 11% (up from 8.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • May 20Independent Director recently bought €12k worth of stockOn the 11th of May, Bodil Gallon bought around 300 shares on-market at roughly €38.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €172k. Despite this recent purchase, insiders have collectively sold €690k more in shares than they bought in the last 12 months.Recent Insider Transactions • May 17Independent Director recently bought €12k worth of stockOn the 11th of May, Bodil Gallon bought around 300 shares on-market at roughly €38.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €172k. Despite this recent purchase, insiders have collectively sold €690k more in shares than they bought in the last 12 months.Recent Insider Transactions • May 12Independent Director recently bought €12k worth of stockOn the 11th of May, Bodil Gallon bought around 300 shares on-market at roughly €38.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €172k. Despite this recent purchase, insiders have collectively sold €690k more in shares than they bought in the last 12 months.お知らせ • May 04Tomra Systems ASA Proposes Cash Dividend, Payable on 14 May 2021Tomra Systems ASA proposes cash dividend of NOK 3.00 per share. Entitled to dividend are the shareholders owning the shares at the end of 04 May 2021. The ex-dividend date is 05 May 2021, and the record date is 06 May 2021. The dividend will be distributed on 14 May 2021.Upcoming Dividend • Apr 28Upcoming dividend of kr3.00 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 07 May 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.0%).Reported Earnings • Apr 25First quarter 2021 earnings released: EPS kr0.76 (vs kr0.20 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: kr2.29b (flat on 1Q 2020). Net income: kr112.1m (up kr141.1m from 1Q 2020). Profit margin: 4.9% (up from net loss in 1Q 2020). 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 38% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr9.94b (up 6.4% from FY 2019). Net income: kr775.1m (down 5.8% from FY 2019). Profit margin: 7.8% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 26Full year 2020 earnings released: EPS kr5.25 (vs kr5.57 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr9.94b (up 6.4% from FY 2019). Net income: kr775.1m (down 5.8% from FY 2019). Profit margin: 7.8% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 26Revenue beats expectationsRevenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 3.4%, compared to a 10% growth forecast for the Commercial Services industry in Germany.Is New 90 Day High Low • Jan 22New 90-day high: €40.65The company is up 15% from its price of €35.50 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.78 per share.Is New 90 Day High Low • Dec 29New 90-day high: €39.70The company is up 9.0% from its price of €36.43 on 30 September 2020. The German market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.43 per share.お知らせ • Dec 17+ 1 more updateTomra Systems ASA, Annual General Meeting, May 04, 2021Tomra Systems ASA, Annual General Meeting, May 04, 2021.Recent Insider Transactions • Nov 29Deputy CEO & CFO recently sold €899k worth of stockOn the 27th of November, Espen Gundersen sold around 25k shares on-market at roughly €36.27 per share. This was the largest sale by an insider in the last 3 months. This was Espen's only on-market trade for the last 12 months.お知らせ • Nov 20+ 3 more updatesTomra Systems ASA to Report Q4, 2020 Results on Feb 23, 2021Tomra Systems ASA announced that they will report Q4, 2020 results at 7:00 AM, Central European Standard Time on Feb 23, 2021Reported Earnings • Oct 24Third quarter earnings releasedOver the last 12 months the company has reported total profits of kr753.5m, down 4.5% from the prior year. Total revenue was kr9.77b over the last 12 months, up 5.7% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 24Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 2.2% at kr2.58b. Revenue is forecast to grow 6.6% over the next year, while the growth in Commercial Services industry in Germany is expected to stay flat.業績と収益の成長予測DB:TMRA - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,909213214326712/31/20271,780189150259912/31/20261,4729614024093/31/20261,3468134166N/A12/31/20251,3189339171N/A9/30/20251,33599110229N/A6/30/20251,356105145264N/A3/31/20251,364102162281N/A12/31/20241,34894117236N/A9/30/20241,30452173266N/A6/30/20241,2854849142N/A3/31/20241,2845218111N/A12/31/20231,2886044137N/A9/30/20231,24284-1955N/A6/30/20231,1939236107N/A3/31/20231,1468759133N/A12/31/20221,1629830110N/A9/30/20221,1028978134N/A6/30/20221,113100107165N/A3/31/20221,142115111172N/A12/31/20211,088109118177N/A9/30/20211,047109141202N/A6/30/20211,008103124184N/A3/31/202199091110171N/A12/31/202094974105163N/A9/30/20208936872130N/A6/30/20208856273132N/A3/31/20208356062118N/A12/31/201994984N/A133N/A9/30/201993280N/A107N/A6/30/201993982N/A109N/A3/31/201992280N/A117N/A12/31/201886875N/A103N/A9/30/201886570N/A110N/A6/30/201881862N/A103N/A3/31/201878862N/A106N/A12/31/201775462N/A104N/A9/30/201776069N/A112N/A6/30/201773672N/A108N/A3/31/201774477N/A120N/A12/31/201672777N/A120N/A9/30/201674184N/A117N/A6/30/201672077N/A117N/A3/31/201668068N/A104N/A12/31/201563963N/A95N/A9/30/201560157N/A93N/A6/30/201558954N/A84N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: TMRAの予測収益成長率 (年間37.3% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: TMRAの収益 ( 37.3% ) はGerman市場 ( 17.1% ) よりも速いペースで成長すると予測されています。高成長収益: TMRAの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: TMRAの収益 ( 13.4% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: TMRAの収益 ( 13.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: TMRAの 自己資本利益率 は、3年後には高くなると予測されています ( 25.7 %)成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/05/25 15:25終値2026/05/22 00:00収益2026/03/31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Tomra Systems ASA 9 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。18 アナリスト機関null nullABG Sundal CollierPallav MittalBarclaysGaurav JainBarclays15 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Director Hege Skryseth was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 13Tomra Systems ASA Proposes Dividend for the Financial Year 2025, Payable on from 19 May 2026The Board of Directors of Tomra Systems ASA proposed an ordinary dividend of NOK 2.15 per share for 2025, corresponding to a payout ratio of 58% of EPS, which is the same as the dividend for 2024. Last day including right: 23 April 2026; Ex-date: 24 April 2026;Record date: 27 April 2026; Payment date: from 19 May 2026; Date of approval: 23 April 2026.
Board Change • Dec 30Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent Director Hege Skryseth was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 17Tomra Systems ASA, Annual General Meeting, Apr 23, 2026Tomra Systems ASA, Annual General Meeting, Apr 23, 2026.
お知らせ • Nov 14+ 4 more updatesTomra Systems ASA to Report Q3, 2026 Results on Oct 23, 2026Tomra Systems ASA announced that they will report Q3, 2026 results on Oct 23, 2026
お知らせ • Sep 23Tomra Systems ASA (OB:TOM) entered into an agreement to acquire C&C Consolidated Holdings, LLC for $60 million.Tomra Systems ASA (OB:TOM) entered into an agreement to acquire C&C Consolidated Holdings, LLC for $60 million on September 22, 2025. TOMRA will pay a consideration of $45 million for the shares. An additional consideration of up to $15 million will be contingent on performance milestones up until the end of 2027 as part of an earn-out structure. The purchase price represents an expected 2027 EV/EBITA multiple below 10x. The acquisition will be financed on a debt basis. The expected completion of the transaction is before the end of the third quarter 2025.
お知らせ • Sep 04Tomra Systems ASA Announces Executive ChangesTomra Systems ASA announced Lars Enge has been appointed the new EVP of TOMRA Recycling. Lars started his position as EVP of Group Strategy in March 2022 and has been a vital part of the leadership since joining. During the past three years he has successfully established TOMRA Horizon - a portfolio of new ventures within TOMRA including TOMRA Feedstock and Reuse as well as the acquisition of c-trace. Lars will step into the role with effective September 3, 2025 . Katrin Fricke, the current EVP of TOMRA Recycling, will pursue new opportunities outside of TOMRA.
お知らせ • Aug 06Tomra Systems ASA (OB:TOM) acquired remaining 20% stake in Tomra Collection Pty. Ltd. for AUD 94 million.Tomra Systems ASA (OB:TOM) acquired remaining 20% stake in Tomra Collection Pty. Ltd. for AUD 94 million on August 5, 2025. A cash consideration of AUD 94 million will be paid by Tomra Systems ASA. As part of consideration, AUD 94 million is paid towards common equity of Tomra Collection Pty. Ltd. Tomra Systems ASA (OB:TOM) completed the acquisition of the remaining 20% stake in Tomra Collection Pty. Ltd. on August 5, 2025.
お知らせ • Mar 25Tomra Systems ASA(OB:TOM) dropped from Oslo OBX Total Return IndexTomra Systems ASA removed from Oslo OBX Total Return Index
お知らせ • Feb 14Tomra Systems ASA Proposes Dividend for the Financial Year 2024, Payable on 20 May 2025The board of directors of TOMRA Systems ASA proposes a dividend of NOK 2.15 per share, based on the company's financial statements for the financial year 2024, to the General Meeting. Ex-date is 7 May 2025. Record date is 8 May 2025. Payment date is from 20 May 2025. Date of approval is 6 May 2025.
Board Change • Dec 30Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Hege Skryseth was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Dec 16Tomra Systems ASA, Annual General Meeting, May 06, 2025Tomra Systems ASA, Annual General Meeting, May 06, 2025.
お知らせ • Dec 13+ 4 more updatesTomra Systems ASA to Report Fiscal Year 2024 Results on Mar 21, 2025Tomra Systems ASA announced that they will report fiscal year 2024 results on Mar 21, 2025
お知らせ • Oct 25Tomra Systems ASA (OB:TOM) acquired 80% stake in C-Trace GmbH.Tomra Systems ASA (OB:TOM) acquired 80% stake in C-Trace GmbH on October 24, 2024. TOMRA will initially acquire 80% of the shares in c-trace, with an option for the remaining 20%, which are held by the founders, after 2 years. The acquisition is expected to be immediately accretive and generate strong capital returns to TOMRA – supporting the targets set out at TOMRA’s Capital Markets Day. C-Trace GmbH ’s revenues in the last twelve months amounted to €21 million. Tomra Systems ASA (OB:TOM) completed the acquisition of 80% stake in C-Trace GmbH on October 24, 2024.
Buy Or Sell Opportunity • Oct 24Now 25% overvaluedOver the last 90 days, the stock has fallen 9.5% to €13.10. The fair value is estimated to be €10.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 206% in the next 2 years.
Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: €0.07 (vs €0.053 in 3Q 2023)Third quarter 2024 results: EPS: €0.07 (up from €0.053 in 3Q 2023). Revenue: €326.0m (up 4.9% from 3Q 2023). Net income: €20.0m (up 27% from 3Q 2023). Profit margin: 6.1% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Sep 23Tomra Systems ASA(OB:TOM) dropped from FTSE All-World Index (USD)Tomra Systems ASA(OB:TOM) dropped from FTSE All-World Index (USD)
New Risk • Jul 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin).
New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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 Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin).
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.05 (vs kr0.42 in 1Q 2023)First quarter 2024 results: EPS: kr0.05 (down from kr0.42 in 1Q 2023). Revenue: kr3.32b (up 2.6% from 1Q 2023). Net income: kr15.0m (down 88% from 1Q 2023). Profit margin: 0.5% (down from 3.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Apr 19Upcoming dividend of kr1.95 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%).
Board Change • Mar 28Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Bjorn Matre was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: kr2.36 (vs kr3.49 in FY 2022)Full year 2023 results: EPS: kr2.36 (down from kr3.49 in FY 2022). Revenue: kr14.8b (up 21% from FY 2022). Net income: kr697.1m (down 32% from FY 2022). Profit margin: 4.7% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €13.29, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.48 per share.
Declared Dividend • Feb 26Dividend of kr1.95 announcedShareholders will receive a dividend of kr1.95. Ex-date: 26th April 2024 Payment date: 10th May 2024 Dividend yield will be 15%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 110% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Feb 19Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to €12.58. The fair value is estimated to be €9.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: kr2.36 (vs kr3.49 in FY 2022)Full year 2023 results: EPS: kr2.36 (down from kr3.49 in FY 2022). Revenue: kr14.8b (up 21% from FY 2022). Net income: kr697.0m (down 32% from FY 2022). Profit margin: 4.7% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 26%After last week's 26% share price gain to €11.39, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.65 per share.
お知らせ • Feb 15Tomra Systems ASA Proposes Cash Dividend for the Financial Year 2023, Payable from 10 May 2024The Board of Directors of TOMRA Systems ASA proposed to the General Meeting a dividend of NOK 1.95 per share on the basis of the company's financial statements for the financial year 2023. Ex-date: 26 April 2024. Record date: 29 April 2024. Payment date: From 10 May 2024. Date of approval: 25 April 2024.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €11.19, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.58 per share.
お知らせ • Dec 02+ 3 more updatesTomra Systems ASA to Report First Half, 2024 Results on Jul 19, 2024Tomra Systems ASA announced that they will report first half, 2024 results on Jul 19, 2024
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.78, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 10x in the Machinery industry in Germany. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.45 per share.
Reported Earnings • Oct 21Third quarter 2023 earnings released: EPS: kr0.60 (vs kr0.97 in 3Q 2022)Third quarter 2023 results: EPS: kr0.60 (down from kr0.97 in 3Q 2022). Revenue: kr3.52b (up 11% from 3Q 2022). Net income: kr214.0m (down 33% from 3Q 2022). Profit margin: 6.1% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €7.52, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 10x in the Machinery industry in Germany. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.11 per share.
お知らせ • Sep 20Tomra Systems ASA Announces Appointment of Marius Fraurud as New EVP Head of CollectionTomra Systems ASA announced appointment of Marius Fraurud as new EVP Head of Collection. Marius has held various leadership roles within Collection since joining the company in 2016 as Head of Research and Development, where he played an instrumental role in the development of TOMRA's multi-feed technology for reverse vending machines (RVMs). Most recently, Marius has been SVP Head of Europe, Middle East & Africa (EMEA) in Collection with focus on commercially expanding and preparing new markets for deposit return systems (DRS). Marius holds a master's degree in Electronic Engineering from the Norwegian University of Science and Technology and has previous experience from Alcatel, Ericsson, Aker Solutions Subsea, and the startup Axxessit.
お知らせ • Sep 19Tomra Appoints Marius Fraurud as New EVP Head of Collection, 1 October 2023Tomra announced Marius Fraurud has been appointed the new EVP Head of Collection. Marius has held various leadership roles within Collection since joining the company in 2016 as Head of Research and Development, where he played an instrumental role in the development of TOMRA's multi-feed technology for reverse vending machines (RVMs). Most recently, Marius has been SVP Head of Europe, Middle East & Africa (EMEA) in Collection with focus on commercially expanding and preparing new markets for deposit return systems (DRS). Marius holds a master's degree in Electronic Engineering from the Norwegian University of Science and Technology and has previous experience from Alcatel, Ericsson, Aker Solutions Subsea, and the startup Axxessit. Marius will begin in his new role on 1 October 2023.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr1.04 (vs kr0.78 in 2Q 2022)Second quarter 2023 results: EPS: kr1.04 (up from kr0.78 in 2Q 2022). Revenue: kr3.88b (up 27% from 2Q 2022). Net income: kr305.9m (up 11% from 2Q 2022). Profit margin: 7.9% (down from 9.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery 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 5% per year, which means it is significantly lagging earnings.
お知らせ • Jun 05Tomra Systems ASA Announces Executive ChangesTomra Systems ASA announced that Harald Henriksen has been appointed EVP, Head of TOMRA Food as Michel Picandet is stepping down from the position with immediate effect. Harald has served as EVP, Head of TOMRA Collection since 2016, and has held various roles within the TOMRA Collection division since joining TOMRA in 2004. Thomas Risøy Johansen, Head of Strategy & Business Development TOMRA Collection, will serve as the interim Head of TOMRA Collection. Recruitment of the new EVP, Head of TOMRA Collection will commence immediately.
Board Change • May 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Bjorn Matre was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: kr0.42 (vs kr0.48 in 1Q 2022)First quarter 2023 results: EPS: kr0.42 (down from kr0.48 in 1Q 2022). Revenue: kr3.24b (up 30% from 1Q 2022). Net income: kr123.6m (down 13% from 1Q 2022). Profit margin: 3.8% (down from 5.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services 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 fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 21Upcoming dividend of kr1.80 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.5%).
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: kr3.48 (vs kr3.70 in FY 2021)Full year 2022 results: EPS: kr3.48 (down from kr3.70 in FY 2021). Revenue: kr12.2b (up 12% from FY 2021). Net income: kr1.03b (down 5.7% from FY 2021). Profit margin: 8.4% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jan 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.8%. The fair value is estimated to be €19.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 53% in the next 2 years.
Reported Earnings • Oct 23Third quarter 2022 earnings released: EPS: kr0.97 (vs kr1.12 in 3Q 2021)Third quarter 2022 results: EPS: kr0.97 (down from kr1.12 in 3Q 2021). Revenue: kr3.16b (up 9.5% from 3Q 2021). Net income: kr319.8m (down 13% from 3Q 2021). Profit margin: 10% (down from 13% 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 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €16.00, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.86 per share.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €19.77, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.53 per share.
Reported Earnings • Jul 16Second quarter 2022 earnings released: EPS: kr0.80 (vs kr0.90 in 2Q 2021)Second quarter 2022 results: EPS: kr0.80 (down from kr0.90 in 2Q 2021). Revenue: kr3.05b (up 14% from 2Q 2021). Net income: kr238.1m (down 27% from 2Q 2021). Profit margin: 7.8% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to €18.74, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.44 per share.
Recent Insider Transactions • May 17Chairperson recently bought €120k worth of stockOn the 16th of May, Johan Hjertonsson bought around 4k shares on-market at roughly €34.43 per share. This was the largest purchase by an insider in the last 3 months. This was Johan's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €35.58, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €32.84 per share.
Upcoming Dividend • Apr 22Upcoming dividend of kr6.00 per shareEligible shareholders must have bought the stock before 29 April 2022. Payment date: 09 May 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.8%). Lower than average of industry peers (2.5%).
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr7.39 (up from kr5.25 in FY 2020). Revenue: kr10.9b (up 9.7% from FY 2020). Net income: kr1.09b (up 41% from FY 2020). Profit margin: 10.0% (up from 7.8% 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 7.4%, compared to a 25% growth forecast for the industry in Germany. 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 24% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Mar 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be kr52.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.
Recent Insider Transactions • Oct 27President & CEO recently bought €105k worth of stockOn the 25th of October, Tove Andersen bought around 2k shares on-market at roughly €52.53 per share. This was the largest purchase by an insider in the last 3 months. Tove has been a buyer over the last 12 months, purchasing a net total of €202k worth in shares.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS kr2.25 (vs kr1.96 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr2.88b (up 12% from 3Q 2020). Net income: kr366.7m (up 16% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Aug 31Insider recently sold €688k worth of stockOn the 25th of August, Harald Henriksen sold around 14k shares on-market at roughly €49.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months.
Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS kr1.91 (vs kr1.37 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr2.69b (up 16% from 2Q 2020). Net income: kr282.3m (up 40% from 2Q 2020). Profit margin: 11% (up from 8.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • May 20Independent Director recently bought €12k worth of stockOn the 11th of May, Bodil Gallon bought around 300 shares on-market at roughly €38.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €172k. Despite this recent purchase, insiders have collectively sold €690k more in shares than they bought in the last 12 months.
Recent Insider Transactions • May 17Independent Director recently bought €12k worth of stockOn the 11th of May, Bodil Gallon bought around 300 shares on-market at roughly €38.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €172k. Despite this recent purchase, insiders have collectively sold €690k more in shares than they bought in the last 12 months.
Recent Insider Transactions • May 12Independent Director recently bought €12k worth of stockOn the 11th of May, Bodil Gallon bought around 300 shares on-market at roughly €38.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth €172k. Despite this recent purchase, insiders have collectively sold €690k more in shares than they bought in the last 12 months.
お知らせ • May 04Tomra Systems ASA Proposes Cash Dividend, Payable on 14 May 2021Tomra Systems ASA proposes cash dividend of NOK 3.00 per share. Entitled to dividend are the shareholders owning the shares at the end of 04 May 2021. The ex-dividend date is 05 May 2021, and the record date is 06 May 2021. The dividend will be distributed on 14 May 2021.
Upcoming Dividend • Apr 28Upcoming dividend of kr3.00 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 07 May 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.0%).
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS kr0.76 (vs kr0.20 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: kr2.29b (flat on 1Q 2020). Net income: kr112.1m (up kr141.1m from 1Q 2020). Profit margin: 4.9% (up from net loss in 1Q 2020). 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 38% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr9.94b (up 6.4% from FY 2019). Net income: kr775.1m (down 5.8% from FY 2019). Profit margin: 7.8% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS kr5.25 (vs kr5.57 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr9.94b (up 6.4% from FY 2019). Net income: kr775.1m (down 5.8% from FY 2019). Profit margin: 7.8% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue beats expectationsRevenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 3.4%, compared to a 10% growth forecast for the Commercial Services industry in Germany.
Is New 90 Day High Low • Jan 22New 90-day high: €40.65The company is up 15% from its price of €35.50 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.78 per share.
Is New 90 Day High Low • Dec 29New 90-day high: €39.70The company is up 9.0% from its price of €36.43 on 30 September 2020. The German market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.43 per share.
お知らせ • Dec 17+ 1 more updateTomra Systems ASA, Annual General Meeting, May 04, 2021Tomra Systems ASA, Annual General Meeting, May 04, 2021.
Recent Insider Transactions • Nov 29Deputy CEO & CFO recently sold €899k worth of stockOn the 27th of November, Espen Gundersen sold around 25k shares on-market at roughly €36.27 per share. This was the largest sale by an insider in the last 3 months. This was Espen's only on-market trade for the last 12 months.
お知らせ • Nov 20+ 3 more updatesTomra Systems ASA to Report Q4, 2020 Results on Feb 23, 2021Tomra Systems ASA announced that they will report Q4, 2020 results at 7:00 AM, Central European Standard Time on Feb 23, 2021
Reported Earnings • Oct 24Third quarter earnings releasedOver the last 12 months the company has reported total profits of kr753.5m, down 4.5% from the prior year. Total revenue was kr9.77b over the last 12 months, up 5.7% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 24Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 2.2% at kr2.58b. Revenue is forecast to grow 6.6% over the next year, while the growth in Commercial Services industry in Germany is expected to stay flat.