View ValuationJM 将来の成長Future 基準チェック /46JM利益と収益がそれぞれ年間81%と16%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8.8% 80%なると予測されています。主要情報81.0%収益成長率79.97%EPS成長率Consumer Durables 収益成長9.8%収益成長率16.0%将来の株主資本利益率8.78%アナリストカバレッジLow最終更新日13 Jul 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 updatesRecent Insider Transactions • Jul 15Independent Director recently bought kr112k worth of stockOn the 13th of July, Jenny Larsson bought around 940 shares on-market at roughly kr119 per share. This transaction increased Jenny's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr600k. Insiders have collectively bought kr258k more in shares than they have sold in the last 12 months.Reported Earnings • Jul 11Second quarter 2026 earnings released: kr1.36 loss per share (vs kr1.18 profit in 2Q 2025)Second quarter 2026 results: kr1.36 loss per share (down from kr1.18 profit in 2Q 2025). Revenue: kr2.35b (down 28% from 2Q 2025). Net loss: kr88.0m (down 216% from profit in 2Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Jun 24+ 1 more updateJM AB Starts Production Of Spinnerifabriken Project Comprising 98 Tenant-Owned Units In Gamlestaden DistrictJM AB has started production of the Spinnerifabriken project, comprising 98 tenant-owned units in the Gamlestaden district. Spinnerifabriken constitutes the second phase within the detailed plan for Gamlestadens fabriker, where a total of approximately 300 residential units, as well as commercial premises and parking, are planned. The homes will be located in an attractive area of Gamlestaden, with good public transport connections and proximity to central Gothenburg. Sales are underway, and occupancy and completion are expected to take place in the first quarter of 2028. The housing start is reported within the JM Sweden business segment in the second quarter of 2026.お知らせ • Jan 31JM AB (publ) announces Annual dividend, payable on April 23, 2026JM AB (publ) announced Annual dividend of SEK 2.0000 per share payable on April 23, 2026, ex-date on April 17, 2026 and record date on April 20, 2026.お知らせ • Jan 29JM AB (publ) to Report Fiscal Year 2025 Final Results on Mar 23, 2026JM AB (publ) announced that they will report fiscal year 2025 final results on Mar 23, 2026お知らせ • Jan 22JM AB Appoints Henrik Brinck Landelius as the new head of the business segment JM Stockholm, Effective February 9, 2026JM AB recruited Henrik Brinck Landelius as the new head of the business segment JM Stockholm. Henrik will take up his position on February 9, 2026, and will be part of JM’s Executive Management Team. Henrik Brinck Landelius will be responsible for leading the Group’s business segment JM Stockholm, which also includes JM Property Development as of January 1, 2026. Henrik most recently served as CEO of Ariem, a Nordic fund manager and property owner. Prior to that, he held roles including Business Area Manager and member of the Executive Management Team at NCC, as well as Head of Project Development at Fastighets AB LE Lundberg.お知らせ • Nov 29Jm Starting Production of Housing in Kvarnholmen, NackaJM has started the production of the Kvarnholmens Krona project, consisting of 96 tenant-owned apartments. With four buildings and a garage in an adjacent structure, the Kvarnholmens Krona project represents the final stage in the Sillkajen area. Sales are underway, and occupancy is planned to start in the third quarter of 2027, with estimated completion at the turn of the year 2027/2028. The housing start is reported within the JM Residential Stockholm business segment in the fourth quarter of 2025. With the start of Kvarnholmens Krona, JM will have started production of 1,071 residential units in Kvarnholmen, of which 169 are not yet completed. A total of approximately 3,500 residential units are expected to be built in Kvarnholmen, with JM accounting for about half of them.お知らせ • Nov 09+ 2 more updatesJM AB (publ) to Report First Half, 2026 Results on Jul 10, 2026JM AB (publ) announced that they will report first half, 2026 results on Jul 10, 2026お知らせ • Oct 15JM AB (publ), Annual General Meeting, Apr 16, 2026JM AB (publ), Annual General Meeting, Apr 16, 2026.お知らせ • Sep 27JM Starts Production of Housing in Marievik, StockholmJM has started the production of the project Rex, consisting of 128 tenant-owned apartments. Located on Marieviks Udde in a central location next to Lake Malaren just south of Hornstull, the Rex project is part of a larger block and consists of four stairwells with an underlying garage. Sales are underway and occupancy is expected to start in the third quarter of 2028, with estimated completion at the turn of the year28/2029. The housing start is reported within the JM Bostad Stockholm business segment in the third quarter of 2025. This is the second housing start for JM within Marieviks Udde, where there will be a total of four blocks with approximately 620 residential units, a preschool and commercial premises.お知らせ • Sep 18JM Starts Production of Housing in NackaJM has started the production of 83 freehold apartments in the Akva project in the Centrala Nacka district. Akva is part of a larger block and consists of four stairwells with underground garages next to Nacka Strand and Nacka Forum, centrally located by the upcoming metro. Sales are underway and occupancy is expected to start in the third quarter of 2027, with estimated completion at the turn of the year 2027/2028. The housing start is reported within the JM Bostad Stockholm business segment in the third quarter of 2025.お知らせ • Aug 05JM AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026JM AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026お知らせ • Jun 27Jm Starts Production of 165 Rental Units in SollentunaJM starts the production of a rental project in the Vasjo Port area in Sollentuna. Production of the residential units in the project Vasjo Port will start in the second quarter of 2025 and will be reported as a project property in the business segment JM Property Development's balance sheet until the property is sold. Completion is estimated for the second quarter of 2027. Vasjo is an area under development in the eastern part of Sollentuna municipality, located approximately 15 kilometers north of Stockholm. The rental units in Vasjo Port will be located near the lake with proximity to a ski slope and nature reserve as well as a new school, grocery store and public transportation. There will also be a so-called mobility house directly adjacent, with a garage and rental of various types of transportation.お知らせ • Jun 19+ 1 more updateJM Starts Production of Freehold Apartments in Brunnshog, LundJM starts the production of 79 residential units in the Brunnshog district of Lund. The production of the residential units in Project Y will begin in the second quarter of 2025 and sales of the homes, which consist of freehold apartments, are underway. Occupancy is planned for the first quarter of 2027. The housing start is reported within the JM Residential Sweden business segment in the second quarter of 2025. The residential units are the first phase in a new area where JM will develop a total of approximately 112 units, with proximity to lush parks and the new tram line that reaches central Lund within 15 minutes.お知らせ • Apr 09JM AB (publ) Resolves to Pay Dividend, Payable on April 16, 2025JM AB (publ) at its annual general meeting held on April 9, 2025, resolved to pay a dividend of SEK 3.25 per share. The record date for payment has been set on April 11, 2025. Euroclear Sweden AB is expected to send the dividend on April 16, 2025.お知らせ • Mar 31JM Starts Production of Housing in GothenburgJM has started the production of 67 residential units in the Eriksberg district in central Gothenburg. The production of the two apartment buildings, each with seven floors, has begun in the first quarter of 2025 and the sale of the tenant-owned apartments is ongoing. The apartments will be in a prime location on Hisingen with good communications and proximity to the Gota Alv. Completion is planned for the first quarter of 2027. The residential units are JM's first within the Saterigatan detailed plan, where a total of approximately 1,100 residential units, a new preschool and business premises are planned, where JM will develop a total of approximately 350 residential units.お知らせ • Mar 28+ 1 more updateJM Starting Production of Rental Project in HelsinkiJM starts the production of approximately 70 rental units in Herttoniemi, Helsinki. Production of the residential units will start in the first quarter of 2025 and will be reported as a project property in the business segment JM Finland's balance sheet until the property is sold. Completion is estimated for the second quarter of 2026.お知らせ • Feb 04+ 1 more updateJM AB (publ) to Report First Half, 2025 Results on Jul 11, 2025JM AB (publ) announced that they will report first half, 2025 results on Jul 11, 2025お知らせ • Feb 01JM AB (publ), Annual General Meeting, Apr 09, 2025JM AB (publ), Annual General Meeting, Apr 09, 2025.お知らせ • Jan 31JM AB (Publ) Proposes Dividend for 2024JM AB (publ) proposes a dividend of SEK 3.25 (3.00) for 2024.お知らせ • Jan 08JM AB (Publ) Announces Appointment of Maria Branestam as Director of HR, Effective No Later Than July 4, 2025JM AB (publ) announced the appointment of Maria Branestam as Director of HR and will be responsible for leading the Group HR organization. Maria will take up the position no later than July 4, 2025, and will be part of JM's Executive Management. Maria Branestam holds a degree in social work and comes most recently from MAX Burgers AB, where she has been Head of HR Operations since 2021. Prior to that, she has held similar roles in, among others, Martin & Servera and Nordea.お知らせ • Oct 23JM AB (publ) to Report Q1, 2025 Results on Apr 24, 2025JM AB (publ) announced that they will report Q1, 2025 results on Apr 24, 2025お知らせ • Aug 20JM AB (publ) Announces Potential Lay-Off Within the Production OrganizationJM AB (publ) announced 145 potential lay-offs within the production organization in Sweden due to redundancy. Despite signs of an improved housing market, it remains cautious. The market situation has led to new housing projects not being able to start at the same pace and with the corresponding number of residential units as in the projects that have been completed. It is therefore necessary to adapt the staffing in the production organization to the redundancy that arises in connection with fewer housing starts. The potential lay-offs mainly concerns wage-earners in the Swedish production organization. Even though JM sees an increased interest from customers, it will take more time for the housing market to recover to the volumes that have been prevalent in the new production of housing in recent years.お知らせ • Jul 11JM AB (publ) to Report Fiscal Year 2024 Results on Jan 31, 2025JM AB (publ) announced that they will report fiscal year 2024 results on Jan 31, 2025お知らせ • Jun 26JM AB (publ) Announces Resignation of Malin Lundgren as Director of Human Resources, Effective July 5, 2024JM AB (publ) announced Malin Lundgren, Director of Human Resources, has chosen to leave the company. Malin will leave her position on July 5, 2024, after nearly four years with the company. JM's HR work has developed in a more strategic and business-oriented direction during Malin Lundgren's time as Director of Human Resources.お知らせ • Apr 20JM AB (publ) Approves the Appointment of Liia Nõu as New Board MemberJM AB (publ) at its Annual General Meeting held on April 18, 2024, approved the appointment of Liia Nõu as new Board Member.お知らせ • Apr 19JM AB (publ) Approves Dividend, Payable on April 25, 2024JM AB (publ) at its Annual General Meeting held on April 18, 2024, resolved to pay a dividend of SEK 3 per share. The record date for payment has been set on April 22, 2024. Euroclear Sweden AB is expected to send the dividend on April 25, 2024.お知らせ • Apr 16+ 1 more updateJM AB Announces CEO Changes, Effective June 1, 2024The board of JM AB appointed Mikael Åslund as CEO from June 1, 2024. He will succeed Johan Skoglund, who will retire at the same time. Mikael Åslund comes most recently from the role of Business Unit Manager JM Property Development and has been employed at JM since 2000. He has a Master of Science degree from Luleå University of Technology and has completed the Master of Science program at the Stockholm School of Business. Mikael resides in the Stockholm region.お知らせ • Mar 20JM AB (publ) to Report Fiscal Year 2023 Final Results on Mar 25, 2024JM AB (publ) announced that they will report fiscal year 2023 final results on Mar 25, 2024お知らせ • Jan 30Jm AB (Publ) Proposes Dividend for 2023JM AB (publ) proposed SEK 3.00 (14.00) in dividend for 2023 with the intention of an extraordinary general meeting in the fourth quarter of 2024 to propose resolution on an additional dividend of SEK 3.00.お知らせ • Jan 11JM AB (publ) to Report Fiscal Year 2023 Results on Jan 30, 2024JM AB (publ) announced that they will report fiscal year 2023 results at 8:00 AM, Central European Standard Time on Jan 30, 2024お知らせ • Dec 20+ 1 more updateJM AB (publ) Announces Retirement of Johan Skoglund as CEO, Effective on June 1, 2024JM's CEO Johan Skoglund will retire in 2024. After 37 years at JM AB (publ), of which 21 as President, Johan Skoglund has informed the board that he has decided to retire in 2024. Johan Skoglund will leave JM in June 2024. The Board will now initiate the process of recruiting a successor. Johan Skoglund will continue as CEO until June 1, 2024 at the latest.お知らせ • Sep 26+ 1 more updateJM AB (publ), Annual General Meeting, Apr 18, 2024JM AB (publ), Annual General Meeting, Apr 18, 2024. Location: Solna Solna SwedenRecent Insider Transactions • Jul 28Insider recently bought kr212k worth of stockOn the 20th of July, Par Vennerstrom bought around 1k shares on-market at roughly kr156 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr320k. Insiders have collectively bought kr7.6m more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr152, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr113 per share.Recent Insider Transactions • Jun 11Chief Executive Officer of JM Suomi Oy recently bought kr320k worth of stockOn the 9th of June, Markus Heino bought around 2k shares on-market at roughly kr145 per share. This transaction increased Markus' direct individual holding by 22x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.4m. Insiders have collectively bought kr6.7m more in shares than they have sold in the last 12 months.お知らせ • May 18AMF Fonder AB and AMF Tjänstepension AB acquired an unknown minority stake in JM AB (publ).AMF Fonder AB and AMF Tjänstepension AB acquired an unknown minority stake in JM AB (publ) on May 17, 2023.AMF Fonder AB and AMF Tjänstepension AB completed the acquisition of an unknown minority stake in JM AB (publ) on May 17, 2023.Recent Insider Transactions • May 18Independent Director recently bought kr102k worth of stockOn the 12th of May, Thomas Thuresson bought around 700 shares on-market at roughly kr146 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.4m. Insiders have collectively bought kr5.5m more in shares than they have sold in the last 12 months.Recent Insider Transactions • May 04Insider recently bought kr1.4m worth of stockOn the 28th of April, Jan Strömberg bought around 8k shares on-market at roughly kr166 per share. This transaction increased Jan Strömberg's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr5.5m more in shares than they have sold in the last 12 months.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: kr7.57 (vs kr5.03 in 1Q 2022)First quarter 2023 results: EPS: kr7.57 (up from kr5.03 in 1Q 2022). Revenue: kr4.70b (up 22% from 1Q 2022). Net income: kr488.0m (up 42% from 1Q 2022). Profit margin: 10% (up from 9.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 24Upcoming dividend of kr14.00 per share at 8.2% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 06 April 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 8.2%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (5.8%).Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to kr171, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr153 per share.Reported Earnings • Mar 10Full year 2022 earnings released: EPS: kr22.80 (vs kr26.06 in FY 2021)Full year 2022 results: EPS: kr22.80 (down from kr26.06 in FY 2021). Revenue: kr15.7b (flat on FY 2021). Net income: kr1.53b (down 15% from FY 2021). Profit margin: 9.7% (down from 12% in FY 2021). Revenue is forecast to decline by 14% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year.Reported Earnings • Feb 03Full year 2022 earnings released: EPS: kr22.80 (vs kr26.06 in FY 2021)Full year 2022 results: EPS: kr22.80 (down from kr26.06 in FY 2021). Revenue: kr15.7b (flat on FY 2021). Net income: kr1.53b (down 15% from FY 2021). Profit margin: 9.7% (down from 12% in FY 2021). Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Feb 02+ 1 more updateKaj-Gustaf Bergh Declines Re-Election as Board Member of JM AB (publ)JM AB (publ) announced that Kaj-Gustaf Bergh has declined re-election as board member.お知らせ • Oct 29JM AB (publ) to Report Fiscal Year 2022 Results on Feb 01, 2023JM AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Feb 01, 2023Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr3.69 (vs kr4.40 in 3Q 2021)Third quarter 2022 results: EPS: kr3.69 (down from kr4.40 in 3Q 2021). Revenue: kr3.00b (down 4.2% from 3Q 2021). Net income: kr246.0m (down 19% from 3Q 2021). Profit margin: 8.2% (down from 9.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr216, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 31% over the past three years.Recent Insider Transactions • May 18Independent Director recently bought kr99k worth of stockOn the 12th of May, Annica Anas bought around 500 shares on-market at roughly kr198 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.3m. Despite this recent purchase, insiders have collectively sold kr6.9m more in shares than they bought in the last 12 months.Reported Earnings • Feb 04Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr26.06 (up from kr22.12 in FY 2020). Revenue: kr15.7b (down 3.8% from FY 2020). Net income: kr1.80b (up 17% from FY 2020). Profit margin: 12% (up from 9.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 4.6%, compared to a 5.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Jan 15Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be kr467, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.2% per annum over the last 3 years.Recent Insider Transactions • Dec 29Director of Operations Development recently sold kr1.0m worth of stockOn the 27th of December, Per Lundquist sold around 3k shares on-market at roughly kr409 per share. In the last 3 months, there was an even bigger sale from another insider worth kr4.6m. This was Per's only on-market trade for the last 12 months.Recent Insider Transactions • Dec 12President & CEO recently sold kr4.6m worth of stockOn the 10th of December, Johan Skoglund sold around 11k shares on-market at roughly kr408 per share. This was the largest sale by an insider in the last 3 months. This was Johan's only on-market trade for the last 12 months.Recent Insider Transactions • Nov 29Employee Representative Deputy Director recently sold kr405k worth of stockOn the 25th of November, Jonny Änges sold around 1k shares on-market at roughly kr405 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr3.0m more than they bought in the last 12 months.Recent Insider Transactions • Aug 26Employee Representative Director recently sold kr439k worth of stockOn the 17th of August, Jan Strömberg sold around 1k shares on-market at roughly kr317 per share. In the last 3 months, there was an even bigger sale from another insider worth kr2.0m. Insiders have been net sellers, collectively disposing of kr2.6m more than they bought in the last 12 months.Recent Insider Transactions • Aug 18Insider recently sold kr2.0m worth of stockOn the 12th of August, Maria Backman sold around 6k shares on-market at roughly kr314 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr2.2m more than they bought in the last 12 months.Executive Departure • Aug 18CFO & Head of IR Claes Akesson has left the companyOn the 16th of August, Claes Akesson's tenure as CFO & Head of IR ended. We don't have any record of a personal shareholding under Claes' name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.00 years.Reported Earnings • May 01First quarter 2021 earnings released: EPS kr4.99 (vs kr5.35 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: kr3.55b (down 8.4% from 1Q 2020). Net income: kr347.0m (down 6.7% from 1Q 2020). Profit margin: 9.8% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Recent Insider Transactions • Feb 18Insider recently sold kr152k worth of stockOn the 15th of February, Maria Bäckman sold around 500 shares on-market at roughly kr303 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr581k more than they sold in the last 12 months.Reported Earnings • Feb 05Full year 2020 earnings released: EPS kr22.12 (vs kr21.93 in FY 2019)The company reported a solid full year result with improved revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: kr16.3b (up 3.7% from FY 2019). Net income: kr1.54b (flat on FY 2019). Profit margin: 9.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 05Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is expected to shrink by 4.5% compared to a 19% growth forecast for the Consumer Durables industry in the United Kingdom.Is New 90 Day High Low • Feb 03New 90-day high: kr315The company is up 13% from its price of kr278 on 05 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr341 per share.Is New 90 Day High Low • Dec 30New 90-day high: kr291The company is up 5.0% from its price of kr278 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr333 per share.Is New 90 Day High Low • Dec 12New 90-day high: kr291The company is up 5.0% from its price of kr277 on 11 September 2020. The British market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr338 per share.業績と収益の成長予測BATS-CHIXE:JMS - 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12/31/202814,929908274495412/31/202713,077617-351119412/31/202611,60727831561146/30/20269,701-112-1,070-1,049N/A3/31/202610,60553217238N/A12/31/202510,671561,3741,395N/A9/30/202511,8801804,6344,658N/A6/30/202512,3672534,9704,994N/A3/31/202513,7863404,9654,989N/A12/31/202414,2763533,4473,471N/A9/30/202413,489219967968N/A6/30/202415,084531-14-13N/A3/31/202413,787589-971-970N/A12/31/202315,7131,0291,0561,057N/A9/30/202318,0921,814-183-179N/A6/30/202316,2221,737-271-267N/A3/31/202315,9811,774-496-492N/A12/31/202214,5661,495-1,916-1,912N/A9/30/202213,9301,418-1,187-1,182N/A6/30/202214,4871,447-1,727-1,722N/A3/31/202215,4161,666-1,164-1,159N/A12/31/202115,6951,804-966-961N/A9/30/202116,2271,734-493-492N/A6/30/202116,5141,723-178-177N/A3/31/202115,9971,514-251-250N/A12/31/202016,3121,539-711-710N/A9/30/202014,7271,361-1,599-1,595N/A6/30/202015,5761,556-1,532-1,528N/A3/31/202015,9451,672N/A-1,863N/A12/31/201915,7111,526N/A-1,403N/A9/30/201916,0341,485N/A-1,772N/A6/30/201915,3661,275N/A-2,204N/A3/31/201915,4941,268N/A-2,954N/A1/1/201915,6931,423N/A-3,615N/A9/30/201816,0461,648N/A-5,177N/A6/30/201816,5041,817N/A-3,309N/A3/31/201816,9681,928N/A-1,696N/A12/31/201717,2892,259N/A-3N/A9/30/201717,0212,124N/A2,464N/A6/30/201716,6572,062N/A1,411N/A3/31/201715,9921,891N/A1,896N/A12/31/201615,3061,478N/A1,572N/A9/30/201614,7571,312N/A816N/A6/30/201614,4901,175N/A871N/A3/31/201614,1421,123N/A644N/A12/31/201513,9951,085N/A-230N/A9/30/201514,9381,210N/A532N/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: JMSは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.6% ) よりも高い成長率であると考えられます。収益対市場: JMS今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: JMS今後 3 年以内に収益を上げることが予想されます。収益対市場: JMSの収益 ( 16% ) UK市場 ( 3.9% ) 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: JMSの収益 ( 16% ) 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: JMS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 ( 8.8 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 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2026/08/21 16:12終値2026/07/21 00:00収益2026/06/30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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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JM AB (publ) 4 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。10 アナリスト機関null nullABG Sundal CollierKristofer Liljeberg-SvenssonCarnegie Investment Bank ABStefan Erik AnderssonDanske Bank7 その他のアナリストを表示
Recent Insider Transactions • Jul 15Independent Director recently bought kr112k worth of stockOn the 13th of July, Jenny Larsson bought around 940 shares on-market at roughly kr119 per share. This transaction increased Jenny's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr600k. Insiders have collectively bought kr258k more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 11Second quarter 2026 earnings released: kr1.36 loss per share (vs kr1.18 profit in 2Q 2025)Second quarter 2026 results: kr1.36 loss per share (down from kr1.18 profit in 2Q 2025). Revenue: kr2.35b (down 28% from 2Q 2025). Net loss: kr88.0m (down 216% from profit in 2Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 24+ 1 more updateJM AB Starts Production Of Spinnerifabriken Project Comprising 98 Tenant-Owned Units In Gamlestaden DistrictJM AB has started production of the Spinnerifabriken project, comprising 98 tenant-owned units in the Gamlestaden district. Spinnerifabriken constitutes the second phase within the detailed plan for Gamlestadens fabriker, where a total of approximately 300 residential units, as well as commercial premises and parking, are planned. The homes will be located in an attractive area of Gamlestaden, with good public transport connections and proximity to central Gothenburg. Sales are underway, and occupancy and completion are expected to take place in the first quarter of 2028. The housing start is reported within the JM Sweden business segment in the second quarter of 2026.
お知らせ • Jan 31JM AB (publ) announces Annual dividend, payable on April 23, 2026JM AB (publ) announced Annual dividend of SEK 2.0000 per share payable on April 23, 2026, ex-date on April 17, 2026 and record date on April 20, 2026.
お知らせ • Jan 29JM AB (publ) to Report Fiscal Year 2025 Final Results on Mar 23, 2026JM AB (publ) announced that they will report fiscal year 2025 final results on Mar 23, 2026
お知らせ • Jan 22JM AB Appoints Henrik Brinck Landelius as the new head of the business segment JM Stockholm, Effective February 9, 2026JM AB recruited Henrik Brinck Landelius as the new head of the business segment JM Stockholm. Henrik will take up his position on February 9, 2026, and will be part of JM’s Executive Management Team. Henrik Brinck Landelius will be responsible for leading the Group’s business segment JM Stockholm, which also includes JM Property Development as of January 1, 2026. Henrik most recently served as CEO of Ariem, a Nordic fund manager and property owner. Prior to that, he held roles including Business Area Manager and member of the Executive Management Team at NCC, as well as Head of Project Development at Fastighets AB LE Lundberg.
お知らせ • Nov 29Jm Starting Production of Housing in Kvarnholmen, NackaJM has started the production of the Kvarnholmens Krona project, consisting of 96 tenant-owned apartments. With four buildings and a garage in an adjacent structure, the Kvarnholmens Krona project represents the final stage in the Sillkajen area. Sales are underway, and occupancy is planned to start in the third quarter of 2027, with estimated completion at the turn of the year 2027/2028. The housing start is reported within the JM Residential Stockholm business segment in the fourth quarter of 2025. With the start of Kvarnholmens Krona, JM will have started production of 1,071 residential units in Kvarnholmen, of which 169 are not yet completed. A total of approximately 3,500 residential units are expected to be built in Kvarnholmen, with JM accounting for about half of them.
お知らせ • Nov 09+ 2 more updatesJM AB (publ) to Report First Half, 2026 Results on Jul 10, 2026JM AB (publ) announced that they will report first half, 2026 results on Jul 10, 2026
お知らせ • Oct 15JM AB (publ), Annual General Meeting, Apr 16, 2026JM AB (publ), Annual General Meeting, Apr 16, 2026.
お知らせ • Sep 27JM Starts Production of Housing in Marievik, StockholmJM has started the production of the project Rex, consisting of 128 tenant-owned apartments. Located on Marieviks Udde in a central location next to Lake Malaren just south of Hornstull, the Rex project is part of a larger block and consists of four stairwells with an underlying garage. Sales are underway and occupancy is expected to start in the third quarter of 2028, with estimated completion at the turn of the year28/2029. The housing start is reported within the JM Bostad Stockholm business segment in the third quarter of 2025. This is the second housing start for JM within Marieviks Udde, where there will be a total of four blocks with approximately 620 residential units, a preschool and commercial premises.
お知らせ • Sep 18JM Starts Production of Housing in NackaJM has started the production of 83 freehold apartments in the Akva project in the Centrala Nacka district. Akva is part of a larger block and consists of four stairwells with underground garages next to Nacka Strand and Nacka Forum, centrally located by the upcoming metro. Sales are underway and occupancy is expected to start in the third quarter of 2027, with estimated completion at the turn of the year 2027/2028. The housing start is reported within the JM Bostad Stockholm business segment in the third quarter of 2025.
お知らせ • Aug 05JM AB (publ) to Report Fiscal Year 2025 Results on Jan 30, 2026JM AB (publ) announced that they will report fiscal year 2025 results on Jan 30, 2026
お知らせ • Jun 27Jm Starts Production of 165 Rental Units in SollentunaJM starts the production of a rental project in the Vasjo Port area in Sollentuna. Production of the residential units in the project Vasjo Port will start in the second quarter of 2025 and will be reported as a project property in the business segment JM Property Development's balance sheet until the property is sold. Completion is estimated for the second quarter of 2027. Vasjo is an area under development in the eastern part of Sollentuna municipality, located approximately 15 kilometers north of Stockholm. The rental units in Vasjo Port will be located near the lake with proximity to a ski slope and nature reserve as well as a new school, grocery store and public transportation. There will also be a so-called mobility house directly adjacent, with a garage and rental of various types of transportation.
お知らせ • Jun 19+ 1 more updateJM Starts Production of Freehold Apartments in Brunnshog, LundJM starts the production of 79 residential units in the Brunnshog district of Lund. The production of the residential units in Project Y will begin in the second quarter of 2025 and sales of the homes, which consist of freehold apartments, are underway. Occupancy is planned for the first quarter of 2027. The housing start is reported within the JM Residential Sweden business segment in the second quarter of 2025. The residential units are the first phase in a new area where JM will develop a total of approximately 112 units, with proximity to lush parks and the new tram line that reaches central Lund within 15 minutes.
お知らせ • Apr 09JM AB (publ) Resolves to Pay Dividend, Payable on April 16, 2025JM AB (publ) at its annual general meeting held on April 9, 2025, resolved to pay a dividend of SEK 3.25 per share. The record date for payment has been set on April 11, 2025. Euroclear Sweden AB is expected to send the dividend on April 16, 2025.
お知らせ • Mar 31JM Starts Production of Housing in GothenburgJM has started the production of 67 residential units in the Eriksberg district in central Gothenburg. The production of the two apartment buildings, each with seven floors, has begun in the first quarter of 2025 and the sale of the tenant-owned apartments is ongoing. The apartments will be in a prime location on Hisingen with good communications and proximity to the Gota Alv. Completion is planned for the first quarter of 2027. The residential units are JM's first within the Saterigatan detailed plan, where a total of approximately 1,100 residential units, a new preschool and business premises are planned, where JM will develop a total of approximately 350 residential units.
お知らせ • Mar 28+ 1 more updateJM Starting Production of Rental Project in HelsinkiJM starts the production of approximately 70 rental units in Herttoniemi, Helsinki. Production of the residential units will start in the first quarter of 2025 and will be reported as a project property in the business segment JM Finland's balance sheet until the property is sold. Completion is estimated for the second quarter of 2026.
お知らせ • Feb 04+ 1 more updateJM AB (publ) to Report First Half, 2025 Results on Jul 11, 2025JM AB (publ) announced that they will report first half, 2025 results on Jul 11, 2025
お知らせ • Feb 01JM AB (publ), Annual General Meeting, Apr 09, 2025JM AB (publ), Annual General Meeting, Apr 09, 2025.
お知らせ • Jan 31JM AB (Publ) Proposes Dividend for 2024JM AB (publ) proposes a dividend of SEK 3.25 (3.00) for 2024.
お知らせ • Jan 08JM AB (Publ) Announces Appointment of Maria Branestam as Director of HR, Effective No Later Than July 4, 2025JM AB (publ) announced the appointment of Maria Branestam as Director of HR and will be responsible for leading the Group HR organization. Maria will take up the position no later than July 4, 2025, and will be part of JM's Executive Management. Maria Branestam holds a degree in social work and comes most recently from MAX Burgers AB, where she has been Head of HR Operations since 2021. Prior to that, she has held similar roles in, among others, Martin & Servera and Nordea.
お知らせ • Oct 23JM AB (publ) to Report Q1, 2025 Results on Apr 24, 2025JM AB (publ) announced that they will report Q1, 2025 results on Apr 24, 2025
お知らせ • Aug 20JM AB (publ) Announces Potential Lay-Off Within the Production OrganizationJM AB (publ) announced 145 potential lay-offs within the production organization in Sweden due to redundancy. Despite signs of an improved housing market, it remains cautious. The market situation has led to new housing projects not being able to start at the same pace and with the corresponding number of residential units as in the projects that have been completed. It is therefore necessary to adapt the staffing in the production organization to the redundancy that arises in connection with fewer housing starts. The potential lay-offs mainly concerns wage-earners in the Swedish production organization. Even though JM sees an increased interest from customers, it will take more time for the housing market to recover to the volumes that have been prevalent in the new production of housing in recent years.
お知らせ • Jul 11JM AB (publ) to Report Fiscal Year 2024 Results on Jan 31, 2025JM AB (publ) announced that they will report fiscal year 2024 results on Jan 31, 2025
お知らせ • Jun 26JM AB (publ) Announces Resignation of Malin Lundgren as Director of Human Resources, Effective July 5, 2024JM AB (publ) announced Malin Lundgren, Director of Human Resources, has chosen to leave the company. Malin will leave her position on July 5, 2024, after nearly four years with the company. JM's HR work has developed in a more strategic and business-oriented direction during Malin Lundgren's time as Director of Human Resources.
お知らせ • Apr 20JM AB (publ) Approves the Appointment of Liia Nõu as New Board MemberJM AB (publ) at its Annual General Meeting held on April 18, 2024, approved the appointment of Liia Nõu as new Board Member.
お知らせ • Apr 19JM AB (publ) Approves Dividend, Payable on April 25, 2024JM AB (publ) at its Annual General Meeting held on April 18, 2024, resolved to pay a dividend of SEK 3 per share. The record date for payment has been set on April 22, 2024. Euroclear Sweden AB is expected to send the dividend on April 25, 2024.
お知らせ • Apr 16+ 1 more updateJM AB Announces CEO Changes, Effective June 1, 2024The board of JM AB appointed Mikael Åslund as CEO from June 1, 2024. He will succeed Johan Skoglund, who will retire at the same time. Mikael Åslund comes most recently from the role of Business Unit Manager JM Property Development and has been employed at JM since 2000. He has a Master of Science degree from Luleå University of Technology and has completed the Master of Science program at the Stockholm School of Business. Mikael resides in the Stockholm region.
お知らせ • Mar 20JM AB (publ) to Report Fiscal Year 2023 Final Results on Mar 25, 2024JM AB (publ) announced that they will report fiscal year 2023 final results on Mar 25, 2024
お知らせ • Jan 30Jm AB (Publ) Proposes Dividend for 2023JM AB (publ) proposed SEK 3.00 (14.00) in dividend for 2023 with the intention of an extraordinary general meeting in the fourth quarter of 2024 to propose resolution on an additional dividend of SEK 3.00.
お知らせ • Jan 11JM AB (publ) to Report Fiscal Year 2023 Results on Jan 30, 2024JM AB (publ) announced that they will report fiscal year 2023 results at 8:00 AM, Central European Standard Time on Jan 30, 2024
お知らせ • Dec 20+ 1 more updateJM AB (publ) Announces Retirement of Johan Skoglund as CEO, Effective on June 1, 2024JM's CEO Johan Skoglund will retire in 2024. After 37 years at JM AB (publ), of which 21 as President, Johan Skoglund has informed the board that he has decided to retire in 2024. Johan Skoglund will leave JM in June 2024. The Board will now initiate the process of recruiting a successor. Johan Skoglund will continue as CEO until June 1, 2024 at the latest.
お知らせ • Sep 26+ 1 more updateJM AB (publ), Annual General Meeting, Apr 18, 2024JM AB (publ), Annual General Meeting, Apr 18, 2024. Location: Solna Solna Sweden
Recent Insider Transactions • Jul 28Insider recently bought kr212k worth of stockOn the 20th of July, Par Vennerstrom bought around 1k shares on-market at roughly kr156 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr320k. Insiders have collectively bought kr7.6m more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr152, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr113 per share.
Recent Insider Transactions • Jun 11Chief Executive Officer of JM Suomi Oy recently bought kr320k worth of stockOn the 9th of June, Markus Heino bought around 2k shares on-market at roughly kr145 per share. This transaction increased Markus' direct individual holding by 22x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.4m. Insiders have collectively bought kr6.7m more in shares than they have sold in the last 12 months.
お知らせ • May 18AMF Fonder AB and AMF Tjänstepension AB acquired an unknown minority stake in JM AB (publ).AMF Fonder AB and AMF Tjänstepension AB acquired an unknown minority stake in JM AB (publ) on May 17, 2023.AMF Fonder AB and AMF Tjänstepension AB completed the acquisition of an unknown minority stake in JM AB (publ) on May 17, 2023.
Recent Insider Transactions • May 18Independent Director recently bought kr102k worth of stockOn the 12th of May, Thomas Thuresson bought around 700 shares on-market at roughly kr146 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.4m. Insiders have collectively bought kr5.5m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • May 04Insider recently bought kr1.4m worth of stockOn the 28th of April, Jan Strömberg bought around 8k shares on-market at roughly kr166 per share. This transaction increased Jan Strömberg's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr5.5m more in shares than they have sold in the last 12 months.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: kr7.57 (vs kr5.03 in 1Q 2022)First quarter 2023 results: EPS: kr7.57 (up from kr5.03 in 1Q 2022). Revenue: kr4.70b (up 22% from 1Q 2022). Net income: kr488.0m (up 42% from 1Q 2022). Profit margin: 10% (up from 9.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 24Upcoming dividend of kr14.00 per share at 8.2% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 06 April 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 8.2%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (5.8%).
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to kr171, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr153 per share.
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: kr22.80 (vs kr26.06 in FY 2021)Full year 2022 results: EPS: kr22.80 (down from kr26.06 in FY 2021). Revenue: kr15.7b (flat on FY 2021). Net income: kr1.53b (down 15% from FY 2021). Profit margin: 9.7% (down from 12% in FY 2021). Revenue is forecast to decline by 14% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year.
Reported Earnings • Feb 03Full year 2022 earnings released: EPS: kr22.80 (vs kr26.06 in FY 2021)Full year 2022 results: EPS: kr22.80 (down from kr26.06 in FY 2021). Revenue: kr15.7b (flat on FY 2021). Net income: kr1.53b (down 15% from FY 2021). Profit margin: 9.7% (down from 12% in FY 2021). Revenue is expected to fall by 14% p.a. on average during the next 3 years compared to a 1.6% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Feb 02+ 1 more updateKaj-Gustaf Bergh Declines Re-Election as Board Member of JM AB (publ)JM AB (publ) announced that Kaj-Gustaf Bergh has declined re-election as board member.
お知らせ • Oct 29JM AB (publ) to Report Fiscal Year 2022 Results on Feb 01, 2023JM AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Feb 01, 2023
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr3.69 (vs kr4.40 in 3Q 2021)Third quarter 2022 results: EPS: kr3.69 (down from kr4.40 in 3Q 2021). Revenue: kr3.00b (down 4.2% from 3Q 2021). Net income: kr246.0m (down 19% from 3Q 2021). Profit margin: 8.2% (down from 9.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr216, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 31% over the past three years.
Recent Insider Transactions • May 18Independent Director recently bought kr99k worth of stockOn the 12th of May, Annica Anas bought around 500 shares on-market at roughly kr198 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.3m. Despite this recent purchase, insiders have collectively sold kr6.9m more in shares than they bought in the last 12 months.
Reported Earnings • Feb 04Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr26.06 (up from kr22.12 in FY 2020). Revenue: kr15.7b (down 3.8% from FY 2020). Net income: kr1.80b (up 17% from FY 2020). Profit margin: 12% (up from 9.4% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 4.6%, compared to a 5.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Jan 15Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be kr467, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.2% per annum over the last 3 years.
Recent Insider Transactions • Dec 29Director of Operations Development recently sold kr1.0m worth of stockOn the 27th of December, Per Lundquist sold around 3k shares on-market at roughly kr409 per share. In the last 3 months, there was an even bigger sale from another insider worth kr4.6m. This was Per's only on-market trade for the last 12 months.
Recent Insider Transactions • Dec 12President & CEO recently sold kr4.6m worth of stockOn the 10th of December, Johan Skoglund sold around 11k shares on-market at roughly kr408 per share. This was the largest sale by an insider in the last 3 months. This was Johan's only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 29Employee Representative Deputy Director recently sold kr405k worth of stockOn the 25th of November, Jonny Änges sold around 1k shares on-market at roughly kr405 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr3.0m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 26Employee Representative Director recently sold kr439k worth of stockOn the 17th of August, Jan Strömberg sold around 1k shares on-market at roughly kr317 per share. In the last 3 months, there was an even bigger sale from another insider worth kr2.0m. Insiders have been net sellers, collectively disposing of kr2.6m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 18Insider recently sold kr2.0m worth of stockOn the 12th of August, Maria Backman sold around 6k shares on-market at roughly kr314 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr2.2m more than they bought in the last 12 months.
Executive Departure • Aug 18CFO & Head of IR Claes Akesson has left the companyOn the 16th of August, Claes Akesson's tenure as CFO & Head of IR ended. We don't have any record of a personal shareholding under Claes' name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 5.00 years.
Reported Earnings • May 01First quarter 2021 earnings released: EPS kr4.99 (vs kr5.35 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: kr3.55b (down 8.4% from 1Q 2020). Net income: kr347.0m (down 6.7% from 1Q 2020). Profit margin: 9.8% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Feb 18Insider recently sold kr152k worth of stockOn the 15th of February, Maria Bäckman sold around 500 shares on-market at roughly kr303 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr581k more than they sold in the last 12 months.
Reported Earnings • Feb 05Full year 2020 earnings released: EPS kr22.12 (vs kr21.93 in FY 2019)The company reported a solid full year result with improved revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: kr16.3b (up 3.7% from FY 2019). Net income: kr1.54b (flat on FY 2019). Profit margin: 9.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 05Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is expected to shrink by 4.5% compared to a 19% growth forecast for the Consumer Durables industry in the United Kingdom.
Is New 90 Day High Low • Feb 03New 90-day high: kr315The company is up 13% from its price of kr278 on 05 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr341 per share.
Is New 90 Day High Low • Dec 30New 90-day high: kr291The company is up 5.0% from its price of kr278 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr333 per share.
Is New 90 Day High Low • Dec 12New 90-day high: kr291The company is up 5.0% from its price of kr277 on 11 September 2020. The British market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr338 per share.