Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Anna Honner was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Oct 30
Transtema Group AB, Annual General Meeting, May 12, 2026 Transtema Group AB, Annual General Meeting, May 12, 2026. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: kr0.23 (vs kr0.71 in 3Q 2023) Third quarter 2024 results: EPS: kr0.23 (down from kr0.71 in 3Q 2023). Revenue: kr590.6m (down 2.1% from 3Q 2023). Net income: kr9.52m (down 68% from 3Q 2023). Profit margin: 1.6% (down from 4.9% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. お知らせ • Nov 01
Transtema Group AB, Annual General Meeting, May 08, 2025 Transtema Group AB, Annual General Meeting, May 08, 2025. お知らせ • Aug 30
'Transtema Group AB Appoints Jonas Rigner as Deputy CEO and Charlotta Ungerth as CIO Transtema has announced the appointment of Jonas Rigner as deputy CEO and recent addition of Charlotta Ungerth as CIO. Rigner retains his role as MD at subsidiary Transtema Network Services in combination with his new responsibilities. Ungerth has approximately ten years of experience in driving digitisation and transformation in the services sector, as well as ten years in telecoms. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: kr0.02 (vs kr1.77 in 2Q 2023) Second quarter 2024 results: EPS: kr0.02 (down from kr1.77 in 2Q 2023). Revenue: kr609.1m (down 15% from 2Q 2023). Net income: kr935.0k (down 99% from 2Q 2023). Profit margin: 0.2% (down from 10% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom 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 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €1.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Telecom industry in Europe. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Telecom industry in Europe. Total loss to shareholders of 51% over the past three years. Reported Earnings • May 08
First quarter 2024 earnings released: kr0.38 loss per share (vs kr1.22 profit in 1Q 2023) First quarter 2024 results: kr0.38 loss per share (down from kr1.22 profit in 1Q 2023). Revenue: kr500.4m (down 23% from 1Q 2023). Net loss: kr15.6m (down 132% from profit in 1Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Mar 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (€47.8m market cap, or US$51.7m). Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: kr3.20 (vs kr3.22 in FY 2022) Full year 2023 results: EPS: kr3.20. Revenue: kr2.69b (up 9.6% from FY 2022). Net income: kr172.6m (up 38% from FY 2022). Profit margin: 6.4% (up from 5.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Telecom industry in Germany. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.42, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 19x in the Telecom industry in Germany. Total loss to shareholders of 56% over the past year. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.27, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 18x in the Telecom industry in Germany. Total loss to shareholders of 55% over the past year. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: kr0.72 (vs kr0.58 in 3Q 2022) Third quarter 2023 results: EPS: kr0.72 (up from kr0.58 in 3Q 2022). Revenue: kr603.9m (down 2.2% from 3Q 2022). Net income: kr29.6m (up 31% from 3Q 2022). Profit margin: 4.9% (up from 3.7% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings are forecast to decline by an average of 13% per year for the foreseeable future. High level of non-cash earnings (31% accrual ratio). Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (€58.1m market cap, or US$63.6m). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: kr1.77 (vs kr0.84 in 2Q 2022) Second quarter 2023 results: EPS: kr1.77 (up from kr0.84 in 2Q 2022). Revenue: kr713.9m (up 14% from 2Q 2022). Net income: kr73.1m (up 124% from 2Q 2022). Profit margin: 10% (up from 5.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany. New Risk • Jun 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (€59.3m market cap, or US$64.7m). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to €1.46, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 31x in the Telecom industry in Germany. Total loss to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €2.22, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 24x in the Telecom industry in Germany. Total loss to shareholders of 18% over the past year. Reported Earnings • Feb 10
Full year 2022 earnings released: EPS: kr3.22 (vs kr2.35 in FY 2021) Full year 2022 results: EPS: kr3.22 (up from kr2.35 in FY 2021). Revenue: kr2.47b (up 46% from FY 2021). Net income: kr125.0m (up 39% from FY 2021). Profit margin: 5.1% (down from 5.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Germany. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to €3.09, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Telecom industry in Germany. Total loss to shareholders of 26% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €3.28 per share. Buying Opportunity • Dec 16
Now 23% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be €3.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 29% in the next 2 years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Linus Brandt was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: kr0.58 (vs kr0.54 in 3Q 2021) Third quarter 2022 results: EPS: kr0.58 (up from kr0.54 in 3Q 2021). Revenue: kr617.8m (up 60% from 3Q 2021). Net income: kr22.6m (up 8.7% from 3Q 2021). Profit margin: 3.7% (down from 5.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Telecom industry in Germany. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 23% share price gain to €3.17, the stock trades at a trailing P/E ratio of 18.1x. Average forward P/E is 14x in the Telecom industry in Germany. Total returns to shareholders of 13% over the past year. お知らせ • Jul 07
Transtema Group AB (OM:TRANS) acquired North Projects Group Ab and North Projects Solutions Ab. Transtema Group AB (OM:TRANS) acquired North Projects Group Ab and North Projects Solutions Ab on July 5, 2022. North Projects Group and North Projects Solutions had sales of around SEK 30mn in 2021.
Transtema Group AB (OM:TRANS) completed the acquisition of North Projects Group Ab and North Projects Solutions Ab on July 5, 2022. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €2.15, the stock trades at a trailing P/E ratio of 12.2x. Average forward P/E is 14x in the Telecom industry in Germany. Total loss to shareholders of 5.2% over the past year. Buying Opportunity • May 07
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 10%. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: kr0.28 (vs kr0.68 in 1Q 2021) First quarter 2022 results: EPS: kr0.28 (down from kr0.68 in 1Q 2021). Revenue: kr445.4m (up 15% from 1Q 2021). Net income: kr11.0m (down 58% from 1Q 2021). Profit margin: 2.5% (down from 6.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 27%, compared to a 2.8% growth forecast for the industry in Germany. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Linus Brandt was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 17% share price gain to €3.36, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Telecom industry in Germany. Total returns to shareholders of 156% over the past year. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr2.35 (up from kr0.83 in FY 2020). Revenue: kr1.69b (up 21% from FY 2020). Net income: kr90.1m (up 206% from FY 2020). Profit margin: 5.3% (up from 2.1% 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 3.8%, compared to a 2.5% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €3.86, the stock trades at a trailing P/E ratio of 17.8x. Average forward P/E is 19x in the Telecom industry in Germany. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €4.59, the stock trades at a trailing P/E ratio of 19.3x. Average forward P/E is 17x in the Telecom industry in Germany. Recent Insider Transactions • Dec 09
CEO & Director recently sold €513k worth of stock On the 3rd of December, Magnus Johansson sold around 99k shares on-market at roughly €5.18 per share. This was the largest sale by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 20% share price gain to €4.83, the stock trades at a trailing P/E ratio of 21.9x. Average forward P/E is 17x in the Telecom industry in Germany. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS kr0.55 (vs kr0.20 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr387.5m (up 27% from 3Q 2020). Net income: kr20.8m (up 164% from 3Q 2020). Profit margin: 5.4% (up from 2.6% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS kr0.52 (vs kr0.18 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr448.8m (up 31% from 2Q 2020). Net income: kr20.1m (up kr25.9m from 2Q 2020). Profit margin: 4.5% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 18% share price gain to kr2.13, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Telecom industry in Europe. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 16% share price gain to kr1.89, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Telecom industry in Europe.