View ValuationStudsvik 将来の成長Future 基準チェック /16Studsvik利益と収益がそれぞれ年間12.8%と3.1%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10% 18.1%なると予測されています。主要情報12.8%収益成長率18.14%EPS成長率Commercial Services 収益成長17.3%収益成長率3.1%将来の株主資本利益率10.05%アナリストカバレッジLow最終更新日23 Apr 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 updatesNew Risk • 3hNew 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 8.4% 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. This is currently the only risk that has been identified for the company.Board Change • May 20Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Chairman of the Board Jan Bardell is the most experienced director on the board, commencing their role in 2022. Independent Director Anders Bergdahl was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 25Studsvik AB (Publ) Approves No Dividend for the Financial Year 2025SStudsvik AB (Publ), at the Annual General meeting held on 23 April 2026, resolved that in accordance with the Board of Directors' proposal, that no dividend shall be paid for the 2025 financial year and that available funds shall be carried forward.お知らせ • Mar 17Studsvik AB (publ), Annual General Meeting, Apr 23, 2026Studsvik AB (publ), Annual General Meeting, Apr 23, 2026, at 14:00 W. Europe Standard Time. Location: world trade center, klarabergsviadukten 70/kungsbron 1, stockholm Swedenお知らせ • Mar 10Studsvik AB (publ) (OM:SVIK) agreed to acquire Kärnfull Next Ab from Climentum Capital Fund I, managed by Climentum Capital Management ApS and Granitor Growth Management Ab for €22.5 million.Studsvik AB (publ) (OM:SVIK) agreed to acquire Kärnfull Next Ab from Climentum Capital Fund I, managed by Climentum Capital Management ApS and Granitor Growth Management Ab for €22.5 million on March 9, 2026. The enterprise value of Kärnfull Next in the transaction is approximately €6.5 million on a cash-free, debt-free, basis, €3 million will be paid in cash and €3.5 million in newly issued Studsvik shares at closing. Additional consideration of up to €2 million in shares may be payable through staged payments to 2029, alongside performance-based earn-outs of up to €14 million linked to the successful development and sale of project development companies. Under the agreement, the Kärnfull Next founders will join Studsvik’s executive team The completion remains subject to customary conditions and regulatory approvals. The transaction is expected to close during the second quarter of 2026 and is not expected to have a material financial impact on Studsvik’s financial results during 2026. Emma Dansbo of Cirio Advokatbyrå Ab acted as legal advisor for Kärnfull Next Ab. Advokaterna Liman & Partners Ab acted as legal advisor for Kärnfull Next Ab. Olov Rydsäter of Tiermes AB acted as financial advisor for Kärnfull Next Ab.お知らせ • Feb 05+ 3 more updatesStudsvik AB (publ) to Report Q1, 2026 Results on Apr 23, 2026Studsvik AB (publ) announced that they will report Q1, 2026 results on Apr 23, 2026お知らせ • Jan 29Studsvik AB (publ) to Report Fiscal Year 2025 Results on Feb 05, 2026Studsvik AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Feb 05, 2026お知らせ • Jan 22Studsvik AB (publ) Announces Board ChangesStudsvik AB (publ) announced that board members Agneta Nestenborg and Erik Strömqvist have chosen to resign as board members of Studsvik. Agneta Nestenborg has been a member of Studsvik's board since 2010 and Erik Strömqvist since 2021. Due to the resignations of Agneta Nestenborg and Erik Strömqvist, Studsvik's nomination committee has decided to adjust the proposal for the extraordinary general meeting's decision on the number of board members from eight to six.お知らせ • Nov 08Jan Barchan Resigns from Studsvik's Board of DirectorsStudsvik announced that Board member Jan Barchan requests his own resignation from Studsvik's board of directors. Jan Barchan has expressed his wish to step back from formal board duties after many years of service, in light of his age and in the interest of facilitating a generational renewal within the board. Jan Barchan has been a board member of Studsvik since 2004. He remains fully supportive of Studsvik's continued development and of the major shareholder Armada Investment's strategy and long-term direction.お知らせ • Nov 01Studsvik to Showcase its Latest Innovative Solutions Including Global Launch of BlackStarTech's Nuclear-Grade Safety and Power Solutions at the World Nuclear Exhibition in ParisStudsvik will participate at the nuclear exhibition, the World Nuclear Exhibition (WNE), 2025 04-06 November in Paris, France. WNE has the most comprehensive network of worldwide top-tier suppliers and service providers across the entire nuclear sector. As a sponsor of and exhibitor of the Nordic pavilion, Studsvik will showcase its latest innovative products and solutions for the nuclear energy industry including: BlackStarTech provides resilient safety and power, energy storage, lighting and communication solutions designed for emergent response in a portable, compact, rapidly deployable configurations supporting long term operations. inDRUM, Studsvik's patented waste management technology, which turns problematic waste into manageable solutions.お知らせ • Jun 17Armada Investment AG acquired an additional 20% stake in Studsvik AB (publ) (OM:SVIK).Armada Investment AG acquired an additional 20% stake in Studsvik AB (publ) (OM:SVIK) on June 16, 2025. Rikard Lindahl and Daniel Wendelsson of Advokatfirman Vinge KB acted as legal advisor for Armada Investment AG. Armada Investment AG completed the acquisition of an additional 20% stake in Studsvik AB (publ) (OM:SVIK) on June 16, 2025.お知らせ • Feb 25Studsvik AB (publ) announces Annual dividend, payable on May 02, 2025Studsvik AB (publ) announced Annual dividend of SEK 2.0000 per share payable on May 02, 2025, ex-date on April 25, 2025 and record date on April 28, 2025.お知らせ • Feb 20Studsvik AB (Publ) Announces Anna Karinen Declines Re-Election of DirectorStudsvik AB (publ) announced that Board of Director Anna Karinen has declined re-election at annual general meeting to be held on 24 April 2025.お知らせ • Feb 10+ 4 more updatesStudsvik AB (publ) to Report Q1, 2025 Results on Apr 24, 2025Studsvik AB (publ) announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 24, 2025お知らせ • Jan 31Studsvik AB (publ) to Report Fiscal Year 2024 Results on Feb 10, 2025Studsvik AB (publ) announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Feb 10, 2025New Risk • Oct 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (€89.9m market cap, or US$97.0m).Reported Earnings • Oct 23Third quarter 2024 earnings released: kr0.87 loss per share (vs kr1.94 profit in 3Q 2023)Third quarter 2024 results: kr0.87 loss per share (down from kr1.94 profit in 3Q 2023). Revenue: kr200.8m (up 2.9% from 3Q 2023). Net loss: kr7.20m (down 145% from profit in 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.お知らせ • Oct 17Studsvik AB (Publ) Announces CEO ChangesStudsvik AB (publ) announced that Karl Thedéen will assume the position of CEO of Studsvik. Camilla Hoflund will leave the Group after more than 20 years, including seven successful years as CEO. Under Camilla Hoflund's leadership, Studsvik has focused on creating long-term profitability in its existing operations. Studsvik is now well positioned for a more offensive strategy with the aim of further accelerating its growth and thereby creating more long-term value for its shareholders.New Risk • Sep 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.0m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: kr1.17 (vs kr0.62 in 2Q 2023)Second quarter 2024 results: EPS: kr1.17 (up from kr0.62 in 2Q 2023). Revenue: kr235.5m (up 10% from 2Q 2023). Net income: kr9.60m (up 88% from 2Q 2023). Profit margin: 4.1% (up from 2.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Commercial Services industry in Germany.お知らせ • Apr 27Studsvik Announces Board ChangesAs planned, on 30 April Studsvik's board member Agneta Nestenborg will leave the operational role she has held since November 2023 within the Fuel and Materials Technology business area. On May 1 she will be succeeded by Niklas Lindberg in the role of head of production operations including project deliveries and plant operation. Niklas joins us from his most recent position as senior business developer at Novotech, having worked for most of his career within global corporations and startups. Chair of the Board Jan Bardell will also leave his operational role as of the Annual General Meeting on 25 April. Since October 2023, in addition to his role as Chair of the Board, Jan has been working part-time in an operational capacity on the enquiries that Studsvik receives concerning building Small Modular Reactors (SMRs) on the Studsvik site outside Nyköping. This role will thereby come to an end according to plan. Both Agneta and Jan will remain in their roles as board member and Chair of the Board respectively.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr1.03 (vs kr1.12 in 1Q 2023)First quarter 2024 results: EPS: kr1.03 (down from kr1.12 in 1Q 2023). Revenue: kr209.4m (up 11% from 1Q 2023). Net income: kr8.50m (down 7.6% from 1Q 2023). Profit margin: 4.1% (down from 4.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany.Upcoming Dividend • Apr 19Upcoming dividend of kr2.00 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%).お知らせ • Apr 02+ 1 more updateStudsvik AB (publ) Appoints Peter Teske as Chief Financial Officer, Effective 29 April 2024Studsvik AB (publ) has appointed Peter Teske as Chief Financial Officer. He will start his appointment 29th of April 2024. Peter comes most recently from a position at Skill Scandinavia as CFO. Prior to that, he held various senior positions in the field of economics and finance in both the private and public sectors.New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.1m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.お知らせ • Mar 20Studsvik AB (publ) Proposes Dividend for the 2023 Financial YearStudsvik AB (publ) at its Annual General Meeting to be held on April 25, 2024 proposed dividend of SEK 2 per share be distributed for the 2023 financial year and that April 29, 2024 be the record date for the dividend and that the remaining profit at the disposal of the Annual General Meeting be carried forward.Reported Earnings • Mar 17Full year 2023 earnings released: EPS: kr5.91 (vs kr5.83 in FY 2022)Full year 2023 results: EPS: kr5.91 (up from kr5.83 in FY 2022). Revenue: kr826.0m (up 1.4% from FY 2022). Net income: kr48.6m (up 1.5% from FY 2022). Profit margin: 5.9% (in line with FY 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany.Declared Dividend • Feb 16Dividend of kr2.00 announcedShareholders will receive a dividend of kr2.00. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 17%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 10% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 09Full year 2023 earnings released: EPS: kr5.91 (vs kr5.83 in FY 2022)Full year 2023 results: EPS: kr5.91 (up from kr5.83 in FY 2022). Revenue: kr826.0m (up 1.4% from FY 2022). Net income: kr48.6m (up 1.5% from FY 2022). Profit margin: 5.9% (in line with FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.1m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€91.1m market cap, or US$99.2m).お知らせ • Dec 29Studsvik AB (Publ) Strengthens the Executive Management Group, Effective from 1 January 2024Studsvik AB (publ) announced that Carina Nilsson, Head of Sustainability and Compliance, is part of Studsvik's Executive Management Group from 1 January 2024. Carina Nilsson has been employed at Studsvik since August 21, 2023. She has a solid background in business development, operational development and digital transformation from various international operations. Carina has more than 15 years of experience in leading roles, both in the private and public sector. In her new position, Carina continues to report directly to the CEO and is part of Studsvik's Executive Management Group from 1 January 2024.お知らせ • Dec 20Studsvik AB (publ) Announces Niklas Karlsson to Leave as CFOStudsvik AB (publ) announced Niklas Karlsson will leave ad CFO during the first half of 2024. The process of finding a replacement has started.Buying Opportunity • Dec 12Now 20% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be €14.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 8.4% in 2 years. Earnings is forecast to grow by 51% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 29%After last week's 29% share price gain to €12.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 45% over the past year.お知らせ • Nov 17Studsvik AB Announces Management ChangesStudsvik AB announced current business area manager Joakim Lundström takes on the role as head of business development and sales within the business area. Agneta Nestenborg, current board member of Studsvik AB, strengthens the management resources within the business area as operationally responsible for production including project deliveries and plant operation until April 30, 2024. Agneta has broad experience from the energy sector, including from Vattenfall. She is also, through her board work, well versed in Studsvik's operations. Agneta resigns during the above period as chairman of the audit committee in Studsvik AB and is replaced during that same period by board chairman Jan Bardell.New Risk • Nov 04New 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 6.7% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€71.1m market cap, or US$76.2m).Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr1.93 (vs kr2.75 in 3Q 2022)Third quarter 2023 results: EPS: kr1.93 (down from kr2.75 in 3Q 2022). Revenue: kr195.2m (flat on 3Q 2022). Net income: kr15.9m (down 30% from 3Q 2022). Profit margin: 8.1% (down from 12% in 3Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany.お知らせ • Oct 21Studsvik Announces Jan Bardell Will Become the Working Chair of the Board, Part Time, as of October 20Jan Bardell, who was appointed as Studsvik's Chair of the Board at the Annual General Meeting on April 24, 2023, will become the Working Chair of the Board, part time, as of October 20. The purpose of the change is that Bardell will work actively on the enquiries Studsvik has received about building Small Modular Reactors (SMRs) on the Studsvik site, outside Nyköping. Jan Bardell has been a member of the Board of Studsvik since 2022.Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: kr0.62 (vs kr0.38 in 2Q 2022)Second quarter 2023 results: EPS: kr0.62 (up from kr0.38 in 2Q 2022). Revenue: kr213.6m (up 5.2% from 2Q 2022). Net income: kr5.10m (up 65% from 2Q 2022). Profit margin: 2.4% (up from 1.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany.お知らせ • Jun 16Art Wharton Joins as Head of Business Area ScandpowerEffective from June 15, 2023, Art Wharton has been appointed as the Business Area President for Studsvik Scandpower Group. He joined Studsvik in 2017 as a Vice President and has held the role of Acting President of the Studsvik Scandpower Business Area since October 6, 2022. Prior to joining Scandpower Art was employed in various roles by Westinghouse Electric Company LLC for approximately 11 years. He also serves in multiple divisions/committees in the American Nuclear Society, and currently held the position of Treasurer for the Society.Recent Insider Transactions • May 07Non-Independent Director recently bought €62k worth of stockOn the 2nd of May, Jan Thorsten Barchan bought around 6k shares on-market at roughly €9.65 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €300k more in shares than they bought in the last 12 months.Upcoming Dividend • Apr 18Upcoming dividend of kr2.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 02 May 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.5%).Buying Opportunity • Mar 15Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be €14.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.Reported Earnings • Mar 14Full year 2022 earnings released: EPS: kr5.83 (vs kr7.69 in FY 2021)Full year 2022 results: EPS: kr5.83 (down from kr7.69 in FY 2021). Revenue: kr814.8m (up 2.1% from FY 2021). Net income: kr47.9m (down 24% from FY 2021). Profit margin: 5.9% (down from 7.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: kr5.82 (vs kr7.69 in FY 2021)Full year 2022 results: EPS: kr5.82 (down from kr7.69 in FY 2021). Revenue: kr814.8m (up 2.1% from FY 2021). Net income: kr47.9m (down 24% from FY 2021). Profit margin: 5.9% (down from 7.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany.お知らせ • Feb 11+ 4 more updatesStudsvik AB (publ), Annual General Meeting, Apr 24, 2023Studsvik AB (publ), Annual General Meeting, Apr 24, 2023, at 16:00 Central European Standard Time. Location: World Trade Center Stockholm Sweden Agenda: To consider dividend.お知らせ • Feb 04Studsvik AB (publ) to Report Fiscal Year 2022 Results on Feb 10, 2023Studsvik AB (publ) announced that they will report fiscal year 2022 results at 11:30 AM, Central European Standard Time on Feb 10, 2023Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €12.52, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Commercial Services industry in Germany.Recent Insider Transactions • Jan 07Insider recently sold €84k worth of stockOn the 30th of December, Malte Edenius sold around 9k shares on-market at roughly €9.49 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €115k. Insiders have been net sellers, collectively disposing of €411k more than they bought in the last 12 months.Recent Insider Transactions • Dec 29Director recently bought €89k worth of stockOn the 23rd of December, Jan Barchan bought around 10k shares on-market at roughly €9.31 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €328k more in shares than they bought in the last 12 months.Recent Insider Transactions • Dec 26Insider recently sold €106k worth of stockOn the 19th of December, Malte Edenius sold around 11k shares on-market at roughly €9.34 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €115k. Insiders have been net sellers, collectively disposing of €417k more than they bought in the last 12 months.Reported Earnings • Oct 22Third quarter 2022 earnings released: EPS: kr2.75 (vs kr1.79 in 3Q 2021)Third quarter 2022 results: EPS: kr2.75 (up from kr1.79 in 3Q 2021). Revenue: kr195.3m (up 7.4% from 3Q 2021). Net income: kr22.6m (up 54% from 3Q 2021). Profit margin: 12% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €8.96, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Commercial Services industry in Germany.お知らせ • Oct 13Studsvik AB (publ) to Report Nine Months, 2022 Results on Oct 20, 2022Studsvik AB (publ) announced that they will report nine months, 2022 results on Oct 20, 2022お知らせ • Oct 07Studsvik AB (Publ) Announces Management ChangesStudsvik AB (publ) announced passing away of Rob Whittle joined the Group in 2021 as President of the Scandpower Business Area. He contributed new perspectives to the business area despite his short time at Scandpower. W. A. Art Wharton III has been appointed acting President of the Scandpower Business Area.Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: kr0.38 (vs kr1.58 in 2Q 2021)Second quarter 2022 results: EPS: kr0.38 (down from kr1.58 in 2Q 2021). Revenue: kr203.1m (flat on 2Q 2021). Net income: kr3.10m (down 76% from 2Q 2021). Profit margin: 1.5% (down from 6.5% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Germany.お知らせ • Jul 14Studsvik AB (publ) to Report Q2, 2022 Results on Jul 21, 2022Studsvik AB (publ) announced that they will report Q2, 2022 results at 12:00 PM, Central European Standard Time on Jul 21, 2022Board Change • Apr 27Less 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. 4 non-independent directors. Independent Director Erik Stromqvist was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 20Upcoming dividend of kr2.00 per shareEligible shareholders must have bought the stock before 27 April 2022. Payment date: 03 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (2.6%).お知らせ • Apr 19Studsvik AB (publ) to Report Q1, 2022 Results on Apr 26, 2022Studsvik AB (publ) announced that they will report Q1, 2022 results at 12:00 PM, Central European Standard Time on Apr 26, 2022Board Change • Mar 02Less 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. 4 non-independent directors. Independent Director Erik Stromqvist was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測DB:SUD - アナリストの将来予測と過去の財務データ ( )SEK 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12/31/2028948556192212/31/20279205074104212/31/202688839-94423/31/2026883334977N/A12/31/20258833793120N/A9/30/2025908213666N/A6/30/2025903103778N/A3/31/2025911101575N/A12/31/202489310-4622N/A9/30/202487429570N/A6/30/202486952-3722N/A3/31/2024847481055N/A12/31/2023826494182N/A9/30/20238265265102N/A6/30/20238265982109N/A3/31/2023816571740N/A12/31/202281548-240N/A9/30/202283959-47-10N/A6/30/202282551-1537N/A3/31/202282361261N/A12/31/20217986355114N/A9/30/20217593964112N/A6/30/2021765432864N/A3/31/2021732385482N/A12/31/2020722356084N/A9/30/2020711381943N/A6/30/2020675143055N/A3/31/2020667-5940N/A12/31/2019654-28N/A-14N/A9/30/2019639-46N/A12N/A6/30/2019655-36N/A10N/A3/31/2019669-27N/A26N/A12/31/20187269N/A80N/A9/30/2018704-15N/A13N/A6/30/2018720-8N/A-2N/A3/31/2018723-26N/A-46N/A12/31/2017705-45N/A-73N/A9/30/2017786-13N/A-52N/A6/30/201776753N/A-65N/A3/31/201776755N/A-59N/A12/31/201675954N/A-56N/A9/30/201670945N/A-34N/A6/30/2016735-22N/A-1N/A3/31/20167362N/A-6N/A12/31/20157212N/A-7N/A9/30/201577214N/A24N/A6/30/20158076N/A-20N/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: SUDの予測収益成長率 (年間12.8% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: SUDの収益 ( 12.8% ) German市場 ( 17.2% ) よりも低い成長が予測されています。高成長収益: SUDの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: SUDの収益 ( 3.1% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: SUDの収益 ( 3.1% ) 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: SUDの 自己資本利益率 は、3年後には低くなると予測されています ( 10 %)。成長企業の発掘7D1Y7D1Y7D1YCommercial-services 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2026/06/07 04:28終値2026/06/05 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Studsvik AB (publ) 2 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。3 アナリスト機関null nullABG Sundal Colliernull nullABG Sundal Collier SponsoredAlex BarnettJefferies LLC
New Risk • 3hNew 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 8.4% 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. This is currently the only risk that has been identified for the company.
Board Change • May 20Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Chairman of the Board Jan Bardell is the most experienced director on the board, commencing their role in 2022. Independent Director Anders Bergdahl was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 25Studsvik AB (Publ) Approves No Dividend for the Financial Year 2025SStudsvik AB (Publ), at the Annual General meeting held on 23 April 2026, resolved that in accordance with the Board of Directors' proposal, that no dividend shall be paid for the 2025 financial year and that available funds shall be carried forward.
お知らせ • Mar 17Studsvik AB (publ), Annual General Meeting, Apr 23, 2026Studsvik AB (publ), Annual General Meeting, Apr 23, 2026, at 14:00 W. Europe Standard Time. Location: world trade center, klarabergsviadukten 70/kungsbron 1, stockholm Sweden
お知らせ • Mar 10Studsvik AB (publ) (OM:SVIK) agreed to acquire Kärnfull Next Ab from Climentum Capital Fund I, managed by Climentum Capital Management ApS and Granitor Growth Management Ab for €22.5 million.Studsvik AB (publ) (OM:SVIK) agreed to acquire Kärnfull Next Ab from Climentum Capital Fund I, managed by Climentum Capital Management ApS and Granitor Growth Management Ab for €22.5 million on March 9, 2026. The enterprise value of Kärnfull Next in the transaction is approximately €6.5 million on a cash-free, debt-free, basis, €3 million will be paid in cash and €3.5 million in newly issued Studsvik shares at closing. Additional consideration of up to €2 million in shares may be payable through staged payments to 2029, alongside performance-based earn-outs of up to €14 million linked to the successful development and sale of project development companies. Under the agreement, the Kärnfull Next founders will join Studsvik’s executive team The completion remains subject to customary conditions and regulatory approvals. The transaction is expected to close during the second quarter of 2026 and is not expected to have a material financial impact on Studsvik’s financial results during 2026. Emma Dansbo of Cirio Advokatbyrå Ab acted as legal advisor for Kärnfull Next Ab. Advokaterna Liman & Partners Ab acted as legal advisor for Kärnfull Next Ab. Olov Rydsäter of Tiermes AB acted as financial advisor for Kärnfull Next Ab.
お知らせ • Feb 05+ 3 more updatesStudsvik AB (publ) to Report Q1, 2026 Results on Apr 23, 2026Studsvik AB (publ) announced that they will report Q1, 2026 results on Apr 23, 2026
お知らせ • Jan 29Studsvik AB (publ) to Report Fiscal Year 2025 Results on Feb 05, 2026Studsvik AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Feb 05, 2026
お知らせ • Jan 22Studsvik AB (publ) Announces Board ChangesStudsvik AB (publ) announced that board members Agneta Nestenborg and Erik Strömqvist have chosen to resign as board members of Studsvik. Agneta Nestenborg has been a member of Studsvik's board since 2010 and Erik Strömqvist since 2021. Due to the resignations of Agneta Nestenborg and Erik Strömqvist, Studsvik's nomination committee has decided to adjust the proposal for the extraordinary general meeting's decision on the number of board members from eight to six.
お知らせ • Nov 08Jan Barchan Resigns from Studsvik's Board of DirectorsStudsvik announced that Board member Jan Barchan requests his own resignation from Studsvik's board of directors. Jan Barchan has expressed his wish to step back from formal board duties after many years of service, in light of his age and in the interest of facilitating a generational renewal within the board. Jan Barchan has been a board member of Studsvik since 2004. He remains fully supportive of Studsvik's continued development and of the major shareholder Armada Investment's strategy and long-term direction.
お知らせ • Nov 01Studsvik to Showcase its Latest Innovative Solutions Including Global Launch of BlackStarTech's Nuclear-Grade Safety and Power Solutions at the World Nuclear Exhibition in ParisStudsvik will participate at the nuclear exhibition, the World Nuclear Exhibition (WNE), 2025 04-06 November in Paris, France. WNE has the most comprehensive network of worldwide top-tier suppliers and service providers across the entire nuclear sector. As a sponsor of and exhibitor of the Nordic pavilion, Studsvik will showcase its latest innovative products and solutions for the nuclear energy industry including: BlackStarTech provides resilient safety and power, energy storage, lighting and communication solutions designed for emergent response in a portable, compact, rapidly deployable configurations supporting long term operations. inDRUM, Studsvik's patented waste management technology, which turns problematic waste into manageable solutions.
お知らせ • Jun 17Armada Investment AG acquired an additional 20% stake in Studsvik AB (publ) (OM:SVIK).Armada Investment AG acquired an additional 20% stake in Studsvik AB (publ) (OM:SVIK) on June 16, 2025. Rikard Lindahl and Daniel Wendelsson of Advokatfirman Vinge KB acted as legal advisor for Armada Investment AG. Armada Investment AG completed the acquisition of an additional 20% stake in Studsvik AB (publ) (OM:SVIK) on June 16, 2025.
お知らせ • Feb 25Studsvik AB (publ) announces Annual dividend, payable on May 02, 2025Studsvik AB (publ) announced Annual dividend of SEK 2.0000 per share payable on May 02, 2025, ex-date on April 25, 2025 and record date on April 28, 2025.
お知らせ • Feb 20Studsvik AB (Publ) Announces Anna Karinen Declines Re-Election of DirectorStudsvik AB (publ) announced that Board of Director Anna Karinen has declined re-election at annual general meeting to be held on 24 April 2025.
お知らせ • Feb 10+ 4 more updatesStudsvik AB (publ) to Report Q1, 2025 Results on Apr 24, 2025Studsvik AB (publ) announced that they will report Q1, 2025 results at 9:00 AM, Central European Standard Time on Apr 24, 2025
お知らせ • Jan 31Studsvik AB (publ) to Report Fiscal Year 2024 Results on Feb 10, 2025Studsvik AB (publ) announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Feb 10, 2025
New Risk • Oct 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (€89.9m market cap, or US$97.0m).
Reported Earnings • Oct 23Third quarter 2024 earnings released: kr0.87 loss per share (vs kr1.94 profit in 3Q 2023)Third quarter 2024 results: kr0.87 loss per share (down from kr1.94 profit in 3Q 2023). Revenue: kr200.8m (up 2.9% from 3Q 2023). Net loss: kr7.20m (down 145% from profit in 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.
お知らせ • Oct 17Studsvik AB (Publ) Announces CEO ChangesStudsvik AB (publ) announced that Karl Thedéen will assume the position of CEO of Studsvik. Camilla Hoflund will leave the Group after more than 20 years, including seven successful years as CEO. Under Camilla Hoflund's leadership, Studsvik has focused on creating long-term profitability in its existing operations. Studsvik is now well positioned for a more offensive strategy with the aim of further accelerating its growth and thereby creating more long-term value for its shareholders.
New Risk • Sep 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.0m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: kr1.17 (vs kr0.62 in 2Q 2023)Second quarter 2024 results: EPS: kr1.17 (up from kr0.62 in 2Q 2023). Revenue: kr235.5m (up 10% from 2Q 2023). Net income: kr9.60m (up 88% from 2Q 2023). Profit margin: 4.1% (up from 2.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Commercial Services industry in Germany.
お知らせ • Apr 27Studsvik Announces Board ChangesAs planned, on 30 April Studsvik's board member Agneta Nestenborg will leave the operational role she has held since November 2023 within the Fuel and Materials Technology business area. On May 1 she will be succeeded by Niklas Lindberg in the role of head of production operations including project deliveries and plant operation. Niklas joins us from his most recent position as senior business developer at Novotech, having worked for most of his career within global corporations and startups. Chair of the Board Jan Bardell will also leave his operational role as of the Annual General Meeting on 25 April. Since October 2023, in addition to his role as Chair of the Board, Jan has been working part-time in an operational capacity on the enquiries that Studsvik receives concerning building Small Modular Reactors (SMRs) on the Studsvik site outside Nyköping. This role will thereby come to an end according to plan. Both Agneta and Jan will remain in their roles as board member and Chair of the Board respectively.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr1.03 (vs kr1.12 in 1Q 2023)First quarter 2024 results: EPS: kr1.03 (down from kr1.12 in 1Q 2023). Revenue: kr209.4m (up 11% from 1Q 2023). Net income: kr8.50m (down 7.6% from 1Q 2023). Profit margin: 4.1% (down from 4.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany.
Upcoming Dividend • Apr 19Upcoming dividend of kr2.00 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%).
お知らせ • Apr 02+ 1 more updateStudsvik AB (publ) Appoints Peter Teske as Chief Financial Officer, Effective 29 April 2024Studsvik AB (publ) has appointed Peter Teske as Chief Financial Officer. He will start his appointment 29th of April 2024. Peter comes most recently from a position at Skill Scandinavia as CFO. Prior to that, he held various senior positions in the field of economics and finance in both the private and public sectors.
New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.1m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
お知らせ • Mar 20Studsvik AB (publ) Proposes Dividend for the 2023 Financial YearStudsvik AB (publ) at its Annual General Meeting to be held on April 25, 2024 proposed dividend of SEK 2 per share be distributed for the 2023 financial year and that April 29, 2024 be the record date for the dividend and that the remaining profit at the disposal of the Annual General Meeting be carried forward.
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: kr5.91 (vs kr5.83 in FY 2022)Full year 2023 results: EPS: kr5.91 (up from kr5.83 in FY 2022). Revenue: kr826.0m (up 1.4% from FY 2022). Net income: kr48.6m (up 1.5% from FY 2022). Profit margin: 5.9% (in line with FY 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany.
Declared Dividend • Feb 16Dividend of kr2.00 announcedShareholders will receive a dividend of kr2.00. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 17%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 10% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 09Full year 2023 earnings released: EPS: kr5.91 (vs kr5.83 in FY 2022)Full year 2023 results: EPS: kr5.91 (up from kr5.83 in FY 2022). Revenue: kr826.0m (up 1.4% from FY 2022). Net income: kr48.6m (up 1.5% from FY 2022). Profit margin: 5.9% (in line with FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.
New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.1m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€91.1m market cap, or US$99.2m).
お知らせ • Dec 29Studsvik AB (Publ) Strengthens the Executive Management Group, Effective from 1 January 2024Studsvik AB (publ) announced that Carina Nilsson, Head of Sustainability and Compliance, is part of Studsvik's Executive Management Group from 1 January 2024. Carina Nilsson has been employed at Studsvik since August 21, 2023. She has a solid background in business development, operational development and digital transformation from various international operations. Carina has more than 15 years of experience in leading roles, both in the private and public sector. In her new position, Carina continues to report directly to the CEO and is part of Studsvik's Executive Management Group from 1 January 2024.
お知らせ • Dec 20Studsvik AB (publ) Announces Niklas Karlsson to Leave as CFOStudsvik AB (publ) announced Niklas Karlsson will leave ad CFO during the first half of 2024. The process of finding a replacement has started.
Buying Opportunity • Dec 12Now 20% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be €14.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 8.4% in 2 years. Earnings is forecast to grow by 51% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 29%After last week's 29% share price gain to €12.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 45% over the past year.
お知らせ • Nov 17Studsvik AB Announces Management ChangesStudsvik AB announced current business area manager Joakim Lundström takes on the role as head of business development and sales within the business area. Agneta Nestenborg, current board member of Studsvik AB, strengthens the management resources within the business area as operationally responsible for production including project deliveries and plant operation until April 30, 2024. Agneta has broad experience from the energy sector, including from Vattenfall. She is also, through her board work, well versed in Studsvik's operations. Agneta resigns during the above period as chairman of the audit committee in Studsvik AB and is replaced during that same period by board chairman Jan Bardell.
New Risk • Nov 04New 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 6.7% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€71.1m market cap, or US$76.2m).
Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr1.93 (vs kr2.75 in 3Q 2022)Third quarter 2023 results: EPS: kr1.93 (down from kr2.75 in 3Q 2022). Revenue: kr195.2m (flat on 3Q 2022). Net income: kr15.9m (down 30% from 3Q 2022). Profit margin: 8.1% (down from 12% in 3Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany.
お知らせ • Oct 21Studsvik Announces Jan Bardell Will Become the Working Chair of the Board, Part Time, as of October 20Jan Bardell, who was appointed as Studsvik's Chair of the Board at the Annual General Meeting on April 24, 2023, will become the Working Chair of the Board, part time, as of October 20. The purpose of the change is that Bardell will work actively on the enquiries Studsvik has received about building Small Modular Reactors (SMRs) on the Studsvik site, outside Nyköping. Jan Bardell has been a member of the Board of Studsvik since 2022.
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: kr0.62 (vs kr0.38 in 2Q 2022)Second quarter 2023 results: EPS: kr0.62 (up from kr0.38 in 2Q 2022). Revenue: kr213.6m (up 5.2% from 2Q 2022). Net income: kr5.10m (up 65% from 2Q 2022). Profit margin: 2.4% (up from 1.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany.
お知らせ • Jun 16Art Wharton Joins as Head of Business Area ScandpowerEffective from June 15, 2023, Art Wharton has been appointed as the Business Area President for Studsvik Scandpower Group. He joined Studsvik in 2017 as a Vice President and has held the role of Acting President of the Studsvik Scandpower Business Area since October 6, 2022. Prior to joining Scandpower Art was employed in various roles by Westinghouse Electric Company LLC for approximately 11 years. He also serves in multiple divisions/committees in the American Nuclear Society, and currently held the position of Treasurer for the Society.
Recent Insider Transactions • May 07Non-Independent Director recently bought €62k worth of stockOn the 2nd of May, Jan Thorsten Barchan bought around 6k shares on-market at roughly €9.65 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €300k more in shares than they bought in the last 12 months.
Upcoming Dividend • Apr 18Upcoming dividend of kr2.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 02 May 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.5%).
Buying Opportunity • Mar 15Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be €14.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.
Reported Earnings • Mar 14Full year 2022 earnings released: EPS: kr5.83 (vs kr7.69 in FY 2021)Full year 2022 results: EPS: kr5.83 (down from kr7.69 in FY 2021). Revenue: kr814.8m (up 2.1% from FY 2021). Net income: kr47.9m (down 24% from FY 2021). Profit margin: 5.9% (down from 7.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: kr5.82 (vs kr7.69 in FY 2021)Full year 2022 results: EPS: kr5.82 (down from kr7.69 in FY 2021). Revenue: kr814.8m (up 2.1% from FY 2021). Net income: kr47.9m (down 24% from FY 2021). Profit margin: 5.9% (down from 7.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany.
お知らせ • Feb 11+ 4 more updatesStudsvik AB (publ), Annual General Meeting, Apr 24, 2023Studsvik AB (publ), Annual General Meeting, Apr 24, 2023, at 16:00 Central European Standard Time. Location: World Trade Center Stockholm Sweden Agenda: To consider dividend.
お知らせ • Feb 04Studsvik AB (publ) to Report Fiscal Year 2022 Results on Feb 10, 2023Studsvik AB (publ) announced that they will report fiscal year 2022 results at 11:30 AM, Central European Standard Time on Feb 10, 2023
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €12.52, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Commercial Services industry in Germany.
Recent Insider Transactions • Jan 07Insider recently sold €84k worth of stockOn the 30th of December, Malte Edenius sold around 9k shares on-market at roughly €9.49 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €115k. Insiders have been net sellers, collectively disposing of €411k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 29Director recently bought €89k worth of stockOn the 23rd of December, Jan Barchan bought around 10k shares on-market at roughly €9.31 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €328k more in shares than they bought in the last 12 months.
Recent Insider Transactions • Dec 26Insider recently sold €106k worth of stockOn the 19th of December, Malte Edenius sold around 11k shares on-market at roughly €9.34 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €115k. Insiders have been net sellers, collectively disposing of €417k more than they bought in the last 12 months.
Reported Earnings • Oct 22Third quarter 2022 earnings released: EPS: kr2.75 (vs kr1.79 in 3Q 2021)Third quarter 2022 results: EPS: kr2.75 (up from kr1.79 in 3Q 2021). Revenue: kr195.3m (up 7.4% from 3Q 2021). Net income: kr22.6m (up 54% from 3Q 2021). Profit margin: 12% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to €8.96, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Commercial Services industry in Germany.
お知らせ • Oct 13Studsvik AB (publ) to Report Nine Months, 2022 Results on Oct 20, 2022Studsvik AB (publ) announced that they will report nine months, 2022 results on Oct 20, 2022
お知らせ • Oct 07Studsvik AB (Publ) Announces Management ChangesStudsvik AB (publ) announced passing away of Rob Whittle joined the Group in 2021 as President of the Scandpower Business Area. He contributed new perspectives to the business area despite his short time at Scandpower. W. A. Art Wharton III has been appointed acting President of the Scandpower Business Area.
Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: kr0.38 (vs kr1.58 in 2Q 2021)Second quarter 2022 results: EPS: kr0.38 (down from kr1.58 in 2Q 2021). Revenue: kr203.1m (flat on 2Q 2021). Net income: kr3.10m (down 76% from 2Q 2021). Profit margin: 1.5% (down from 6.5% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Germany.
お知らせ • Jul 14Studsvik AB (publ) to Report Q2, 2022 Results on Jul 21, 2022Studsvik AB (publ) announced that they will report Q2, 2022 results at 12:00 PM, Central European Standard Time on Jul 21, 2022
Board Change • Apr 27Less 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. 4 non-independent directors. Independent Director Erik Stromqvist was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 20Upcoming dividend of kr2.00 per shareEligible shareholders must have bought the stock before 27 April 2022. Payment date: 03 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (2.6%).
お知らせ • Apr 19Studsvik AB (publ) to Report Q1, 2022 Results on Apr 26, 2022Studsvik AB (publ) announced that they will report Q1, 2022 results at 12:00 PM, Central European Standard Time on Apr 26, 2022
Board Change • Mar 02Less 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. 4 non-independent directors. Independent Director Erik Stromqvist was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.