View ValuationCTT Systems 将来の成長Future 基準チェック /66CTT Systems利益と収益がそれぞれ年間55.3%と24.1%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37.3% 55.1%なると予測されています。主要情報55.3%収益成長率55.15%EPS成長率Aerospace & Defense 収益成長20.1%収益成長率24.1%将来の株主資本利益率37.33%アナリストカバレッジLow最終更新日21 Jul 2026今後の成長に関する最新情報お知らせ • Apr 27CTT Systems AB (publ) Provides Sales Guidance for the Second Quarter of 2024CTT Systems AB (publ) provided sales guidance for the second quarter of 2024. For the quarter, the company net sales forecast is SEK 85 million to SEK 90 million (SEK 79.0 million).お知らせ • Oct 27CTT Systems AB (publ) Provides Sales Guidance for the Fourth Quarter of 2023CTT Systems AB (publ) provided sales guidance for the fourth quarter of 2023. For the quarter, the company expects net sales of SEK 80 million - SEK 85 million.お知らせ • Jul 23CTT Systems AB (publ) Provides Sales Guidance for the Third Quarter 2023CTT Systems AB (publ) provided sales guidance for the third quarter 2023. The company net sales to be SEK 70 million - SEK 75 million.お知らせ • Feb 09CTT Systems AB (Publ) Provides Sales Guidance for the First Quarter of 2023CTT Systems AB (publ) provided sales guidance for the first quarter of 2023. For the first quarter of 2023, the company expects SEK 68 million to SEK 73 million in net sales, calculated with higher revenues driven by quarter-to-quarter increase in OEM sales and Private Jet projects.すべての更新を表示Recent updatesReported Earnings • Jul 21Second quarter 2026 earnings released: EPS: kr0.79 (vs kr1.19 in 2Q 2025)Second quarter 2026 results: EPS: kr0.79 (down from kr1.19 in 2Q 2025). Revenue: kr78.2m (down 2.4% from 2Q 2025). Net income: kr9.90m (down 34% from 2Q 2025). Profit margin: 13% (down from 19% in 2Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Jul 21+ 1 more updateCTT Systems AB (publ) to Report Fiscal Year 2026 Results on Feb 05, 2027CTT Systems AB (publ) announced that they will report fiscal year 2026 results on Feb 05, 2027Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr141, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the Aerospace & Defense industry in Sweden. Total loss to shareholders of 32% over the past three years.Recent Insider Transactions • May 03Chief Executive Officer recently bought kr117k worth of stockOn the 29th of April, Henrik Hojer bought around 1k shares on-market at roughly kr117 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months.Upcoming Dividend • May 02Upcoming dividend of kr2.40 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Swedish dividend payers (4.3%). Higher than average of industry peers (0.5%).Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: kr0.53 (vs kr0.29 in 1Q 2025)First quarter 2026 results: EPS: kr0.53 (up from kr0.29 in 1Q 2025). Revenue: kr70.9m (up 30% from 1Q 2025). Net income: kr6.70m (up 81% from 1Q 2025). Profit margin: 9.4% (up from 6.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 17% per year.Recent Insider Transactions • Feb 12Independent Director recently bought kr100k worth of stockOn the 9th of February, Per Fyrenius bought around 790 shares on-market at roughly kr126 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr403k more in shares than they have sold in the last 12 months.Declared Dividend • Feb 09Dividend reduced to kr2.40Dividend of kr2.40 is 55% lower than last year. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio) nor is it covered by cash flows (220% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. EPS is expected to grow by 191% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 07Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: kr3.08 (down from kr6.82 in FY 2024). Revenue: kr274.0m (down 9.4% from FY 2024). Net income: kr38.6m (down 55% from FY 2024). Profit margin: 14% (down from 28% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.お知らせ • Feb 07CTT Systems AB (publ) announces Annual dividend, payable on May 15, 2026CTT Systems AB (publ) announced Annual dividend of SEK 2.4000 per share payable on May 15, 2026, ex-date on May 08, 2026 and record date on May 11, 2026.分析記事 • Feb 07What You Can Learn From CTT Systems AB (publ)'s (STO:CTT) P/E After Its 38% Share Price CrashCTT Systems AB (publ) ( STO:CTT ) shareholders that were waiting for something to happen have been dealt a blow with a...New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 3.9% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 117% Cash payout ratio: 127% Minor Risks Share price has been volatile over the past 3 months (3.9% average weekly change). Profit margins are more than 30% lower than last year (20% net profit margin).Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to kr120, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Aerospace & Defense industry in Sweden. Total loss to shareholders of 39% over the past three years.分析記事 • Feb 04Return Trends At CTT Systems (STO:CTT) Aren't AppealingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: kr1.15 (vs kr0.97 in 3Q 2024)Third quarter 2025 results: EPS: kr1.15 (up from kr0.97 in 3Q 2024). Revenue: kr74.0m (up 28% from 3Q 2024). Net income: kr14.4m (up 18% from 3Q 2024). Profit margin: 20% (down from 21% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Oct 24+ 3 more updatesCTT Systems AB (publ) to Report Q3, 2026 Results on Oct 27, 2026CTT Systems AB (publ) announced that they will report Q3, 2026 results at 8:00 AM, Central European Standard Time on Oct 27, 2026お知らせ • Oct 17CTT Systems AB (publ), Annual General Meeting, May 07, 2026CTT Systems AB (publ), Annual General Meeting, May 07, 2026.分析記事 • Sep 09Investors Appear Satisfied With CTT Systems AB (publ)'s (STO:CTT) Prospects As Shares Rocket 27%CTT Systems AB (publ) ( STO:CTT ) shares have had a really impressive month, gaining 27% after a shaky period...Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr270, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 34x in the Aerospace & Defense industry in Sweden. Total returns to shareholders of 44% over the past three years.Reported Earnings • Jul 20Second quarter 2025 earnings released: EPS: kr1.19 (vs kr1.96 in 2Q 2024)Second quarter 2025 results: EPS: kr1.19 (down from kr1.96 in 2Q 2024). Revenue: kr83.2m (flat on 2Q 2024). Net income: kr14.9m (down 39% from 2Q 2024). Profit margin: 18% (down from 30% in 2Q 2024). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • May 30CFO & Head of Sustainability recently bought kr127k worth of stockOn the 27th of May, Markus Berg bought around 601 shares on-market at roughly kr211 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Markus' only on-market trade for the last 12 months.分析記事 • May 02CTT Systems AB (publ)'s (STO:CTT) CEO Compensation Looks Acceptable To Us And Here's WhyKey Insights CTT Systems will host its Annual General Meeting on 8th of May Salary of kr2.44m is part of CEO Henrik...Upcoming Dividend • May 02Upcoming dividend of kr5.35 per shareEligible shareholders must have bought the stock before 09 May 2025. Payment date: 15 May 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.6%. Lower than top quartile of Swedish dividend payers (4.1%). Higher than average of industry peers (0.5%).お知らせ • Apr 25CTT Systems AB (publ) to Report Fiscal Year 2025 Results on Feb 06, 2026CTT Systems AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Feb 06, 2026Reported Earnings • Apr 02Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: kr6.82 (down from kr7.62 in FY 2023). Revenue: kr302.3m (down 2.8% from FY 2023). Net income: kr85.5m (down 11% from FY 2023). Profit margin: 28% (down from 31% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 20Dividend of kr5.35 announcedShareholders will receive a dividend of kr5.35. Ex-date: 9th May 2025 Payment date: 15th May 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 19CTT Systems AB (publ) announces Annual dividend, payable on May 15, 2025CTT Systems AB (publ) announced Annual dividend of SEK 5.3500 per share payable on May 15, 2025, ex-date on May 09, 2025 and record date on May 12, 2025.Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: kr0.97 (vs kr2.02 in 3Q 2023)Third quarter 2024 results: EPS: kr0.97 (down from kr2.02 in 3Q 2023). Revenue: kr57.7m (down 22% from 3Q 2023). Net income: kr12.2m (down 52% from 3Q 2023). Profit margin: 21% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% p.a. on average during the next 4 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to kr223, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Aerospace & Defense industry in Sweden. Total returns to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr332 per share.お知らせ • Feb 07+ 4 more updatesCTT Systems AB (publ) to Report Q1, 2025 Results on Apr 25, 2025CTT Systems AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on Apr 25, 2025Buy Or Sell Opportunity • Jan 10Now 22% undervaluedOver the last 90 days, the stock has risen 1.1% to kr266. The fair value is estimated to be kr340, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 95% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.Buy Or Sell Opportunity • Dec 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to kr275. The fair value is estimated to be kr346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 95% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.分析記事 • Dec 04A Look At The Fair Value Of CTT Systems AB (publ) (STO:CTT)Key Insights The projected fair value for CTT Systems is kr345 based on 2 Stage Free Cash Flow to Equity CTT Systems...Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: kr0.98 (vs kr2.02 in 3Q 2023)Third quarter 2024 results: EPS: kr0.98 (down from kr2.02 in 3Q 2023). Revenue: kr58.7m (down 21% from 3Q 2023). Net income: kr12.2m (down 52% from 3Q 2023). Profit margin: 21% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 25CTT Systems AB (publ), Annual General Meeting, May 08, 2025CTT Systems AB (publ), Annual General Meeting, May 08, 2025.お知らせ • Sep 24CTT Systems AB (publ) Announces Nomination Committee for the Annual General Meeting 2025The following representatives of CTT Systems AB’s shareholders form the nomination committee for the Annual General Meeting 2025: Christian Lindström Lage, appointed by SEB Fonder, Martin Nilsson, appointed by Första AP-fonden, Jonathan Schönbäck, appointed by ODIN fonder, and Tomas Torlöf (Chairman of the Nomination Committee), appointed by Trulscom Förvaltning AB. The Annual General Meeting of CTT Systems AB is scheduled for May 8, 2025.Recent Insider Transactions • Jul 25Independent Director recently bought kr221k worth of stockOn the 23rd of July, Anna Carmo Silva bought around 725 shares on-market at roughly kr305 per share. This transaction increased Anna Carmo's direct individual holding by 3x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr346k. Despite this recent purchase, insiders have collectively sold kr972k more in shares than they bought in the last 12 months.Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: kr1.96 (vs kr1.98 in 2Q 2023)Second quarter 2024 results: EPS: kr1.96 (down from kr1.98 in 2Q 2023). Revenue: kr83.1m (up 4.5% from 2Q 2023). Net income: kr24.6m (flat on 2Q 2023). Profit margin: 30% (down from 31% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 02Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to kr323. The fair value is estimated to be kr437, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 84% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.Buy Or Sell Opportunity • Jun 25Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to kr329. The fair value is estimated to be kr420, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 84% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.Recent Insider Transactions • May 29Chief Commercial Officer recently bought kr113k worth of stockOn the 24th of May, Ola Haggfeldt bought around 318 shares on-market at roughly kr354 per share. This transaction amounted to 6.6% 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 kr1.8m more in shares than they bought in the last 12 months.お知らせ • May 08+ 2 more updatesCTT Systems AB (publ) Approves Ordinary DividendCTT Systems AB (publ) at the Annual General Meeting (AGM) held on 6 May 2024, approved the Board of Directors' proposal for treatment of profits at disposal including an ordinary dividend of SEK 5.35 per share (4.05) with record date 8 May 2024.分析記事 • May 04Shareholders Will Be Pleased With The Quality of CTT Systems' (STO:CTT) EarningsWhen companies post strong earnings, the stock generally performs well, just like CTT Systems AB (publ)'s ( STO:CTT...Buy Or Sell Opportunity • May 02Now 22% undervaluedOver the last 90 days, the stock has risen 27% to kr331. The fair value is estimated to be kr424, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 83% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: kr1.96 (vs kr1.44 in 1Q 2023)First quarter 2024 results: EPS: kr1.96 (up from kr1.44 in 1Q 2023). Revenue: kr83.0m (up 9.8% from 1Q 2023). Net income: kr24.5m (up 36% from 1Q 2023). Profit margin: 30% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 27CTT Systems (STO:CTT) Is Paying Out A Larger Dividend Than Last YearCTT Systems AB (publ)'s ( STO:CTT ) dividend will be increasing from last year's payment of the same period to SEK8.70...お知らせ • Apr 27CTT Systems AB (publ) Provides Sales Guidance for the Second Quarter of 2024CTT Systems AB (publ) provided sales guidance for the second quarter of 2024. For the quarter, the company net sales forecast is SEK 85 million to SEK 90 million (SEK 79.0 million).分析記事 • Apr 12CTT Systems' (STO:CTT) Dividend Will Be Increased To SEK8.70CTT Systems AB (publ) ( STO:CTT ) has announced that it will be increasing its dividend from last year's comparable...分析記事 • Apr 06CTT Systems AB (publ) (STO:CTT) Stocks Shoot Up 30% But Its P/E Still Looks ReasonableDespite an already strong run, CTT Systems AB (publ) ( STO:CTT ) shares have been powering on, with a gain of 30% in...Reported Earnings • Mar 31Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: kr7.62 (up from kr5.29 in FY 2022). Revenue: kr310.9m (up 27% from FY 2022). Net income: kr95.5m (up 44% from FY 2022). Profit margin: 31% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 29+ 2 more updatesCTT Systems AB (publ) to Report Q2, 2024 Results on Jul 19, 2024CTT Systems AB (publ) announced that they will report Q2, 2024 results on Jul 19, 2024分析記事 • Mar 29CTT Systems' (STO:CTT) Shareholders Will Receive A Bigger Dividend Than Last YearCTT Systems AB (publ) ( STO:CTT ) will increase its dividend from last year's comparable payment on the 14th of May to...お知らせ • Mar 28CTT Systems AB Proposes an Extraordinary Dividend, Payable on May 14, 2024The board of directors of CTT Systems AB proposed an extraordinary dividend of SEK 3.35 per share (0), total SEK 8.70 per share. Proposed record day for dividend is May 8, 2024. If the Annual General Meeting to be held on May 6, 2024, resolves in accordance with the proposal, payment of dividend through Euroclear Sweden AB is expected to be made on May 14, 2024.Recent Insider Transactions • Feb 16Independent Director recently bought kr75k worth of stockOn the 14th of February, Anna Carmo Silva bought around 275 shares on-market at roughly kr272 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 kr1.6m more in shares than they bought in the last 12 months.Reported Earnings • Feb 07Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: kr7.62 (up from kr5.29 in FY 2022). Revenue: kr317.6m (up 30% from FY 2022). Net income: kr95.5m (up 44% from FY 2022). Profit margin: 30% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 07Here's Why We Think CTT Systems (STO:CTT) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Feb 06+ 1 more updateCTT Systems AB (publ) Proposes an Ordinary DividendThe Board of Directors of CTT Systems AB (publ) proposed an ordinary dividend of SEK 5.35 per share.Recent Insider Transactions • Jan 01Insider recently sold kr344k worth of stockOn the 29th of December, Tony Rosendal sold around 2k shares on-market at roughly kr229 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr478k more than they bought in the last 12 months.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: kr2.02 (vs kr1.91 in 3Q 2022)Third quarter 2023 results: EPS: kr2.02 (up from kr1.91 in 3Q 2022). Revenue: kr75.8m (up 15% from 3Q 2022). Net income: kr25.3m (up 5.9% from 3Q 2022). Profit margin: 33% (down from 36% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 27CTT Systems AB (publ) Provides Sales Guidance for the Fourth Quarter of 2023CTT Systems AB (publ) provided sales guidance for the fourth quarter of 2023. For the quarter, the company expects net sales of SEK 80 million - SEK 85 million.お知らせ • Sep 16+ 1 more updateCTT Systems AB (publ) Announces Formation of Nomination Committee for the Annual General Meeting 2024CTT Systems AB (publ)’s shareholders form the nomination committee for the Annual General Meeting 2024 includes Steven Buesing, appointed by Collins Aerospace Inc., Patrik Jönsson, appointed by SEB Investment Management, Jonathan Schönbäck, appointed by ODIN fonder and Tomas Torlöf (Chairman of the Nomination Committee), appointed by Trulscom Förvaltning AB. The Nomination Committee for the Annual General Meeting 2024 was formed in compliance with the Swedish Corporate Governance Code and the procedures adopted by the Annual General Meeting 2016.お知らせ • Jul 23CTT Systems AB (publ) Provides Sales Guidance for the Third Quarter 2023CTT Systems AB (publ) provided sales guidance for the third quarter 2023. The company net sales to be SEK 70 million - SEK 75 million.Reported Earnings • Jul 23Second quarter 2023 earnings released: EPS: kr1.98 (vs kr1.21 in 2Q 2022)Second quarter 2023 results: EPS: kr1.98 (up from kr1.21 in 2Q 2022). Revenue: kr83.7m (up 40% from 2Q 2022). Net income: kr24.8m (up 64% from 2Q 2022). Profit margin: 30% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • May 31CFO & Head of Sustainability recently bought kr102k worth of stockOn the 26th of May, Markus Berg bought around 504 shares on-market at roughly kr201 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Markus' only on-market trade for the last 12 months.お知らせ • May 06CTT Systems AB (publ) Approves DividendCTT Systems AB (publ) at its AGM held on May 4, 2023 approved dividend of SEK 4.05 per share with a record date of 8 May 2023.Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr214, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 34x in the Aerospace & Defense industry in Sweden. Total returns to shareholders of 47% over the past three years.Upcoming Dividend • Apr 28Upcoming dividend of kr4.05 per share at 2.2% yieldEligible shareholders must have bought the stock before 05 May 2023. Payment date: 11 May 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Swedish dividend payers (5.0%). Higher than average of industry peers (1.6%).Reported Earnings • Apr 06Full year 2022 earnings: Revenues miss analyst expectationsFull year 2022 results: Revenue: kr244.0m (up 58% from FY 2021). Net income: kr66.3m (up 367% from FY 2021). Profit margin: 27% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Sweden.分析記事 • Apr 05CTT Systems (STO:CTT) Will Pay A Larger Dividend Than Last Year At SEK4.05CTT Systems AB (publ) ( STO:CTT ) will increase its dividend from last year's comparable payment on the 11th of May to...分析記事 • Feb 10CTT Systems (STO:CTT) Is Increasing Its Dividend To SEK4.05CTT Systems AB (publ)'s ( STO:CTT ) dividend will be increasing from last year's payment of the same period to SEK4.05...Buying Opportunity • Feb 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be kr271, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 30%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.お知らせ • Feb 09CTT Systems AB (Publ) Provides Sales Guidance for the First Quarter of 2023CTT Systems AB (publ) provided sales guidance for the first quarter of 2023. For the first quarter of 2023, the company expects SEK 68 million to SEK 73 million in net sales, calculated with higher revenues driven by quarter-to-quarter increase in OEM sales and Private Jet projects.Reported Earnings • Feb 08Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: kr5.29 (up from kr1.13 in FY 2021). Revenue: kr260.5m (up 69% from FY 2021). Net income: kr66.3m (up 367% from FY 2021). Profit margin: 26% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Feb 07+ 3 more updatesCTT Systems AB (publ) to Report Fiscal Year 2022 Results on Mar 31, 2023CTT Systems AB (publ) announced that they will report fiscal year 2022 results on Mar 31, 2023Buying Opportunity • Jan 24Now 21% undervaluedOver the last 90 days, the stock is up 8.5%. The fair value is estimated to be kr298, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Earnings per share has declined by 51%. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 126% in the next 2 years.分析記事 • Jan 19Is There Now An Opportunity In CTT Systems AB (publ) (STO:CTT)?While CTT Systems AB (publ) ( STO:CTT ) might not be the most widely known stock at the moment, it led the OM gainers...お知らせ • Jan 12CTT Systems AB (publ) to Report Q4, 2022 Results on Feb 07, 2023CTT Systems AB (publ) announced that they will report Q4, 2022 results at 8:00 AM, Central European Standard Time on Feb 07, 2023Board Change • Nov 16Insufficient new directorsNo 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 Björn Lenander was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: kr1.90 (up from kr0.56 in 3Q 2021). Revenue: kr71.0m (up 75% from 3Q 2021). Net income: kr23.9m (up 241% from 3Q 2021). Profit margin: 34% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.分析記事 • Jul 28Is It Too Late To Consider Buying CTT Systems AB (publ) (STO:CTT)?CTT Systems AB (publ) ( STO:CTT ), is not the largest company out there, but it saw a double-digit share price rise of...Reported Earnings • Jul 22Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: kr1.21 (up from kr0.49 in 2Q 2021). Revenue: kr65.7m (up 72% from 2Q 2021). Net income: kr15.1m (up 148% from 2Q 2021). Profit margin: 23% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Over the next year, revenue is forecast to grow 65%, compared to a 40% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.業績と収益の成長予測OM:CTT - 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12/31/2028625154117136212/31/20274601067187212/31/202628952395326/30/2026275373243N/A3/31/2026278421622N/A12/31/2025266393136N/A9/30/2025291575357N/A6/30/2025275552732N/A3/31/2025278654045N/A12/31/2024302866166N/A9/30/2024301897681N/A6/30/202431810295101N/A3/31/2024314102140147N/A12/31/202331196109117N/A9/30/20232978697104N/A6/30/20232898499107N/A3/31/2023270754149N/A12/31/2022244665461N/A9/30/2022219535564N/A6/30/2022193363543N/A3/31/2022172273846N/A12/31/2021154142230N/A9/30/202114812-49N/A6/30/202114710-31-5N/A3/31/202116110-54-22N/A12/31/202020731-44-11N/A9/30/202025449-624N/A6/30/2020298733964N/A3/31/202034893N/A91N/A12/31/201935693N/A109N/A9/30/201936792N/A94N/A6/30/201936585N/A84N/A3/31/201934178N/A78N/A12/31/201832070N/A61N/A9/30/201829061N/A61N/A6/30/201827052N/A56N/A3/31/201826845N/A69N/A12/31/201727647N/A90N/A9/30/201727448N/A88N/A6/30/201727044N/A73N/A3/31/201726242N/A67N/A12/31/201625238N/A50N/A9/30/201623932N/A42N/A6/30/201622426N/A39N/A3/31/201621123N/A25N/A12/31/201520122N/A22N/A9/30/201520524N/A22N/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: CTTの予測収益成長率 (年間55.3% ) は 貯蓄率 ( 2.1% ) を上回っています。収益対市場: CTTの収益 ( 55.3% ) はSwedish市場 ( 7.3% ) よりも速いペースで成長すると予測されています。高成長収益: CTTの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: CTTの収益 ( 24.1% ) Swedish市場 ( -1.3% ) 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: CTTの収益 ( 24.1% ) 20%よりも速いペースで成長すると予測されています。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: CTTの 自己資本利益率 は、3年後には高くなると予測されています ( 37.3 %)成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/18 13:07終値2026/08/18 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CTT Systems 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 CollierKarl BokvistABG Sundal Collier Sponsorednull nullABG Sundal Collier Sponsored
お知らせ • Apr 27CTT Systems AB (publ) Provides Sales Guidance for the Second Quarter of 2024CTT Systems AB (publ) provided sales guidance for the second quarter of 2024. For the quarter, the company net sales forecast is SEK 85 million to SEK 90 million (SEK 79.0 million).
お知らせ • Oct 27CTT Systems AB (publ) Provides Sales Guidance for the Fourth Quarter of 2023CTT Systems AB (publ) provided sales guidance for the fourth quarter of 2023. For the quarter, the company expects net sales of SEK 80 million - SEK 85 million.
お知らせ • Jul 23CTT Systems AB (publ) Provides Sales Guidance for the Third Quarter 2023CTT Systems AB (publ) provided sales guidance for the third quarter 2023. The company net sales to be SEK 70 million - SEK 75 million.
お知らせ • Feb 09CTT Systems AB (Publ) Provides Sales Guidance for the First Quarter of 2023CTT Systems AB (publ) provided sales guidance for the first quarter of 2023. For the first quarter of 2023, the company expects SEK 68 million to SEK 73 million in net sales, calculated with higher revenues driven by quarter-to-quarter increase in OEM sales and Private Jet projects.
Reported Earnings • Jul 21Second quarter 2026 earnings released: EPS: kr0.79 (vs kr1.19 in 2Q 2025)Second quarter 2026 results: EPS: kr0.79 (down from kr1.19 in 2Q 2025). Revenue: kr78.2m (down 2.4% from 2Q 2025). Net income: kr9.90m (down 34% from 2Q 2025). Profit margin: 13% (down from 19% in 2Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 21+ 1 more updateCTT Systems AB (publ) to Report Fiscal Year 2026 Results on Feb 05, 2027CTT Systems AB (publ) announced that they will report fiscal year 2026 results on Feb 05, 2027
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr141, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the Aerospace & Defense industry in Sweden. Total loss to shareholders of 32% over the past three years.
Recent Insider Transactions • May 03Chief Executive Officer recently bought kr117k worth of stockOn the 29th of April, Henrik Hojer bought around 1k shares on-market at roughly kr117 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months.
Upcoming Dividend • May 02Upcoming dividend of kr2.40 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Swedish dividend payers (4.3%). Higher than average of industry peers (0.5%).
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: kr0.53 (vs kr0.29 in 1Q 2025)First quarter 2026 results: EPS: kr0.53 (up from kr0.29 in 1Q 2025). Revenue: kr70.9m (up 30% from 1Q 2025). Net income: kr6.70m (up 81% from 1Q 2025). Profit margin: 9.4% (up from 6.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 17% per year.
Recent Insider Transactions • Feb 12Independent Director recently bought kr100k worth of stockOn the 9th of February, Per Fyrenius bought around 790 shares on-market at roughly kr126 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr403k more in shares than they have sold in the last 12 months.
Declared Dividend • Feb 09Dividend reduced to kr2.40Dividend of kr2.40 is 55% lower than last year. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio) nor is it covered by cash flows (220% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. EPS is expected to grow by 191% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 07Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: kr3.08 (down from kr6.82 in FY 2024). Revenue: kr274.0m (down 9.4% from FY 2024). Net income: kr38.6m (down 55% from FY 2024). Profit margin: 14% (down from 28% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.
お知らせ • Feb 07CTT Systems AB (publ) announces Annual dividend, payable on May 15, 2026CTT Systems AB (publ) announced Annual dividend of SEK 2.4000 per share payable on May 15, 2026, ex-date on May 08, 2026 and record date on May 11, 2026.
分析記事 • Feb 07What You Can Learn From CTT Systems AB (publ)'s (STO:CTT) P/E After Its 38% Share Price CrashCTT Systems AB (publ) ( STO:CTT ) shareholders that were waiting for something to happen have been dealt a blow with a...
New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 3.9% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 117% Cash payout ratio: 127% Minor Risks Share price has been volatile over the past 3 months (3.9% average weekly change). Profit margins are more than 30% lower than last year (20% net profit margin).
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to kr120, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Aerospace & Defense industry in Sweden. Total loss to shareholders of 39% over the past three years.
分析記事 • Feb 04Return Trends At CTT Systems (STO:CTT) Aren't AppealingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: kr1.15 (vs kr0.97 in 3Q 2024)Third quarter 2025 results: EPS: kr1.15 (up from kr0.97 in 3Q 2024). Revenue: kr74.0m (up 28% from 3Q 2024). Net income: kr14.4m (up 18% from 3Q 2024). Profit margin: 20% (down from 21% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Oct 24+ 3 more updatesCTT Systems AB (publ) to Report Q3, 2026 Results on Oct 27, 2026CTT Systems AB (publ) announced that they will report Q3, 2026 results at 8:00 AM, Central European Standard Time on Oct 27, 2026
お知らせ • Oct 17CTT Systems AB (publ), Annual General Meeting, May 07, 2026CTT Systems AB (publ), Annual General Meeting, May 07, 2026.
分析記事 • Sep 09Investors Appear Satisfied With CTT Systems AB (publ)'s (STO:CTT) Prospects As Shares Rocket 27%CTT Systems AB (publ) ( STO:CTT ) shares have had a really impressive month, gaining 27% after a shaky period...
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr270, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 34x in the Aerospace & Defense industry in Sweden. Total returns to shareholders of 44% over the past three years.
Reported Earnings • Jul 20Second quarter 2025 earnings released: EPS: kr1.19 (vs kr1.96 in 2Q 2024)Second quarter 2025 results: EPS: kr1.19 (down from kr1.96 in 2Q 2024). Revenue: kr83.2m (flat on 2Q 2024). Net income: kr14.9m (down 39% from 2Q 2024). Profit margin: 18% (down from 30% in 2Q 2024). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • May 30CFO & Head of Sustainability recently bought kr127k worth of stockOn the 27th of May, Markus Berg bought around 601 shares on-market at roughly kr211 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Markus' only on-market trade for the last 12 months.
分析記事 • May 02CTT Systems AB (publ)'s (STO:CTT) CEO Compensation Looks Acceptable To Us And Here's WhyKey Insights CTT Systems will host its Annual General Meeting on 8th of May Salary of kr2.44m is part of CEO Henrik...
Upcoming Dividend • May 02Upcoming dividend of kr5.35 per shareEligible shareholders must have bought the stock before 09 May 2025. Payment date: 15 May 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.6%. Lower than top quartile of Swedish dividend payers (4.1%). Higher than average of industry peers (0.5%).
お知らせ • Apr 25CTT Systems AB (publ) to Report Fiscal Year 2025 Results on Feb 06, 2026CTT Systems AB (publ) announced that they will report fiscal year 2025 results at 8:00 AM, Central European Standard Time on Feb 06, 2026
Reported Earnings • Apr 02Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: kr6.82 (down from kr7.62 in FY 2023). Revenue: kr302.3m (down 2.8% from FY 2023). Net income: kr85.5m (down 11% from FY 2023). Profit margin: 28% (down from 31% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 20Dividend of kr5.35 announcedShareholders will receive a dividend of kr5.35. Ex-date: 9th May 2025 Payment date: 15th May 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 19CTT Systems AB (publ) announces Annual dividend, payable on May 15, 2025CTT Systems AB (publ) announced Annual dividend of SEK 5.3500 per share payable on May 15, 2025, ex-date on May 09, 2025 and record date on May 12, 2025.
Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: kr0.97 (vs kr2.02 in 3Q 2023)Third quarter 2024 results: EPS: kr0.97 (down from kr2.02 in 3Q 2023). Revenue: kr57.7m (down 22% from 3Q 2023). Net income: kr12.2m (down 52% from 3Q 2023). Profit margin: 21% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% p.a. on average during the next 4 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to kr223, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Aerospace & Defense industry in Sweden. Total returns to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr332 per share.
お知らせ • Feb 07+ 4 more updatesCTT Systems AB (publ) to Report Q1, 2025 Results on Apr 25, 2025CTT Systems AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on Apr 25, 2025
Buy Or Sell Opportunity • Jan 10Now 22% undervaluedOver the last 90 days, the stock has risen 1.1% to kr266. The fair value is estimated to be kr340, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 95% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.
Buy Or Sell Opportunity • Dec 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.4% to kr275. The fair value is estimated to be kr346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 95% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.
分析記事 • Dec 04A Look At The Fair Value Of CTT Systems AB (publ) (STO:CTT)Key Insights The projected fair value for CTT Systems is kr345 based on 2 Stage Free Cash Flow to Equity CTT Systems...
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: kr0.98 (vs kr2.02 in 3Q 2023)Third quarter 2024 results: EPS: kr0.98 (down from kr2.02 in 3Q 2023). Revenue: kr58.7m (down 21% from 3Q 2023). Net income: kr12.2m (down 52% from 3Q 2023). Profit margin: 21% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 25CTT Systems AB (publ), Annual General Meeting, May 08, 2025CTT Systems AB (publ), Annual General Meeting, May 08, 2025.
お知らせ • Sep 24CTT Systems AB (publ) Announces Nomination Committee for the Annual General Meeting 2025The following representatives of CTT Systems AB’s shareholders form the nomination committee for the Annual General Meeting 2025: Christian Lindström Lage, appointed by SEB Fonder, Martin Nilsson, appointed by Första AP-fonden, Jonathan Schönbäck, appointed by ODIN fonder, and Tomas Torlöf (Chairman of the Nomination Committee), appointed by Trulscom Förvaltning AB. The Annual General Meeting of CTT Systems AB is scheduled for May 8, 2025.
Recent Insider Transactions • Jul 25Independent Director recently bought kr221k worth of stockOn the 23rd of July, Anna Carmo Silva bought around 725 shares on-market at roughly kr305 per share. This transaction increased Anna Carmo's direct individual holding by 3x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr346k. Despite this recent purchase, insiders have collectively sold kr972k more in shares than they bought in the last 12 months.
Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: kr1.96 (vs kr1.98 in 2Q 2023)Second quarter 2024 results: EPS: kr1.96 (down from kr1.98 in 2Q 2023). Revenue: kr83.1m (up 4.5% from 2Q 2023). Net income: kr24.6m (flat on 2Q 2023). Profit margin: 30% (down from 31% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 02Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to kr323. The fair value is estimated to be kr437, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 84% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.
Buy Or Sell Opportunity • Jun 25Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to kr329. The fair value is estimated to be kr420, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 84% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.
Recent Insider Transactions • May 29Chief Commercial Officer recently bought kr113k worth of stockOn the 24th of May, Ola Haggfeldt bought around 318 shares on-market at roughly kr354 per share. This transaction amounted to 6.6% 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 kr1.8m more in shares than they bought in the last 12 months.
お知らせ • May 08+ 2 more updatesCTT Systems AB (publ) Approves Ordinary DividendCTT Systems AB (publ) at the Annual General Meeting (AGM) held on 6 May 2024, approved the Board of Directors' proposal for treatment of profits at disposal including an ordinary dividend of SEK 5.35 per share (4.05) with record date 8 May 2024.
分析記事 • May 04Shareholders Will Be Pleased With The Quality of CTT Systems' (STO:CTT) EarningsWhen companies post strong earnings, the stock generally performs well, just like CTT Systems AB (publ)'s ( STO:CTT...
Buy Or Sell Opportunity • May 02Now 22% undervaluedOver the last 90 days, the stock has risen 27% to kr331. The fair value is estimated to be kr424, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 83% in 2 years. Earnings are forecast to grow by 57% in the next 2 years.
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: kr1.96 (vs kr1.44 in 1Q 2023)First quarter 2024 results: EPS: kr1.96 (up from kr1.44 in 1Q 2023). Revenue: kr83.0m (up 9.8% from 1Q 2023). Net income: kr24.5m (up 36% from 1Q 2023). Profit margin: 30% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 27CTT Systems (STO:CTT) Is Paying Out A Larger Dividend Than Last YearCTT Systems AB (publ)'s ( STO:CTT ) dividend will be increasing from last year's payment of the same period to SEK8.70...
お知らせ • Apr 27CTT Systems AB (publ) Provides Sales Guidance for the Second Quarter of 2024CTT Systems AB (publ) provided sales guidance for the second quarter of 2024. For the quarter, the company net sales forecast is SEK 85 million to SEK 90 million (SEK 79.0 million).
分析記事 • Apr 12CTT Systems' (STO:CTT) Dividend Will Be Increased To SEK8.70CTT Systems AB (publ) ( STO:CTT ) has announced that it will be increasing its dividend from last year's comparable...
分析記事 • Apr 06CTT Systems AB (publ) (STO:CTT) Stocks Shoot Up 30% But Its P/E Still Looks ReasonableDespite an already strong run, CTT Systems AB (publ) ( STO:CTT ) shares have been powering on, with a gain of 30% in...
Reported Earnings • Mar 31Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: kr7.62 (up from kr5.29 in FY 2022). Revenue: kr310.9m (up 27% from FY 2022). Net income: kr95.5m (up 44% from FY 2022). Profit margin: 31% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 29+ 2 more updatesCTT Systems AB (publ) to Report Q2, 2024 Results on Jul 19, 2024CTT Systems AB (publ) announced that they will report Q2, 2024 results on Jul 19, 2024
分析記事 • Mar 29CTT Systems' (STO:CTT) Shareholders Will Receive A Bigger Dividend Than Last YearCTT Systems AB (publ) ( STO:CTT ) will increase its dividend from last year's comparable payment on the 14th of May to...
お知らせ • Mar 28CTT Systems AB Proposes an Extraordinary Dividend, Payable on May 14, 2024The board of directors of CTT Systems AB proposed an extraordinary dividend of SEK 3.35 per share (0), total SEK 8.70 per share. Proposed record day for dividend is May 8, 2024. If the Annual General Meeting to be held on May 6, 2024, resolves in accordance with the proposal, payment of dividend through Euroclear Sweden AB is expected to be made on May 14, 2024.
Recent Insider Transactions • Feb 16Independent Director recently bought kr75k worth of stockOn the 14th of February, Anna Carmo Silva bought around 275 shares on-market at roughly kr272 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 kr1.6m more in shares than they bought in the last 12 months.
Reported Earnings • Feb 07Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: kr7.62 (up from kr5.29 in FY 2022). Revenue: kr317.6m (up 30% from FY 2022). Net income: kr95.5m (up 44% from FY 2022). Profit margin: 30% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 07Here's Why We Think CTT Systems (STO:CTT) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Feb 06+ 1 more updateCTT Systems AB (publ) Proposes an Ordinary DividendThe Board of Directors of CTT Systems AB (publ) proposed an ordinary dividend of SEK 5.35 per share.
Recent Insider Transactions • Jan 01Insider recently sold kr344k worth of stockOn the 29th of December, Tony Rosendal sold around 2k shares on-market at roughly kr229 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr478k more than they bought in the last 12 months.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: kr2.02 (vs kr1.91 in 3Q 2022)Third quarter 2023 results: EPS: kr2.02 (up from kr1.91 in 3Q 2022). Revenue: kr75.8m (up 15% from 3Q 2022). Net income: kr25.3m (up 5.9% from 3Q 2022). Profit margin: 33% (down from 36% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 27CTT Systems AB (publ) Provides Sales Guidance for the Fourth Quarter of 2023CTT Systems AB (publ) provided sales guidance for the fourth quarter of 2023. For the quarter, the company expects net sales of SEK 80 million - SEK 85 million.
お知らせ • Sep 16+ 1 more updateCTT Systems AB (publ) Announces Formation of Nomination Committee for the Annual General Meeting 2024CTT Systems AB (publ)’s shareholders form the nomination committee for the Annual General Meeting 2024 includes Steven Buesing, appointed by Collins Aerospace Inc., Patrik Jönsson, appointed by SEB Investment Management, Jonathan Schönbäck, appointed by ODIN fonder and Tomas Torlöf (Chairman of the Nomination Committee), appointed by Trulscom Förvaltning AB. The Nomination Committee for the Annual General Meeting 2024 was formed in compliance with the Swedish Corporate Governance Code and the procedures adopted by the Annual General Meeting 2016.
お知らせ • Jul 23CTT Systems AB (publ) Provides Sales Guidance for the Third Quarter 2023CTT Systems AB (publ) provided sales guidance for the third quarter 2023. The company net sales to be SEK 70 million - SEK 75 million.
Reported Earnings • Jul 23Second quarter 2023 earnings released: EPS: kr1.98 (vs kr1.21 in 2Q 2022)Second quarter 2023 results: EPS: kr1.98 (up from kr1.21 in 2Q 2022). Revenue: kr83.7m (up 40% from 2Q 2022). Net income: kr24.8m (up 64% from 2Q 2022). Profit margin: 30% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • May 31CFO & Head of Sustainability recently bought kr102k worth of stockOn the 26th of May, Markus Berg bought around 504 shares on-market at roughly kr201 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Markus' only on-market trade for the last 12 months.
お知らせ • May 06CTT Systems AB (publ) Approves DividendCTT Systems AB (publ) at its AGM held on May 4, 2023 approved dividend of SEK 4.05 per share with a record date of 8 May 2023.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr214, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 34x in the Aerospace & Defense industry in Sweden. Total returns to shareholders of 47% over the past three years.
Upcoming Dividend • Apr 28Upcoming dividend of kr4.05 per share at 2.2% yieldEligible shareholders must have bought the stock before 05 May 2023. Payment date: 11 May 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Swedish dividend payers (5.0%). Higher than average of industry peers (1.6%).
Reported Earnings • Apr 06Full year 2022 earnings: Revenues miss analyst expectationsFull year 2022 results: Revenue: kr244.0m (up 58% from FY 2021). Net income: kr66.3m (up 367% from FY 2021). Profit margin: 27% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Sweden.
分析記事 • Apr 05CTT Systems (STO:CTT) Will Pay A Larger Dividend Than Last Year At SEK4.05CTT Systems AB (publ) ( STO:CTT ) will increase its dividend from last year's comparable payment on the 11th of May to...
分析記事 • Feb 10CTT Systems (STO:CTT) Is Increasing Its Dividend To SEK4.05CTT Systems AB (publ)'s ( STO:CTT ) dividend will be increasing from last year's payment of the same period to SEK4.05...
Buying Opportunity • Feb 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be kr271, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 30%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.
お知らせ • Feb 09CTT Systems AB (Publ) Provides Sales Guidance for the First Quarter of 2023CTT Systems AB (publ) provided sales guidance for the first quarter of 2023. For the first quarter of 2023, the company expects SEK 68 million to SEK 73 million in net sales, calculated with higher revenues driven by quarter-to-quarter increase in OEM sales and Private Jet projects.
Reported Earnings • Feb 08Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: kr5.29 (up from kr1.13 in FY 2021). Revenue: kr260.5m (up 69% from FY 2021). Net income: kr66.3m (up 367% from FY 2021). Profit margin: 26% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Feb 07+ 3 more updatesCTT Systems AB (publ) to Report Fiscal Year 2022 Results on Mar 31, 2023CTT Systems AB (publ) announced that they will report fiscal year 2022 results on Mar 31, 2023
Buying Opportunity • Jan 24Now 21% undervaluedOver the last 90 days, the stock is up 8.5%. The fair value is estimated to be kr298, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Earnings per share has declined by 51%. Revenue is forecast to grow by 97% in 2 years. Earnings is forecast to grow by 126% in the next 2 years.
分析記事 • Jan 19Is There Now An Opportunity In CTT Systems AB (publ) (STO:CTT)?While CTT Systems AB (publ) ( STO:CTT ) might not be the most widely known stock at the moment, it led the OM gainers...
お知らせ • Jan 12CTT Systems AB (publ) to Report Q4, 2022 Results on Feb 07, 2023CTT Systems AB (publ) announced that they will report Q4, 2022 results at 8:00 AM, Central European Standard Time on Feb 07, 2023
Board Change • Nov 16Insufficient new directorsNo 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 Björn Lenander was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: kr1.90 (up from kr0.56 in 3Q 2021). Revenue: kr71.0m (up 75% from 3Q 2021). Net income: kr23.9m (up 241% from 3Q 2021). Profit margin: 34% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
分析記事 • Jul 28Is It Too Late To Consider Buying CTT Systems AB (publ) (STO:CTT)?CTT Systems AB (publ) ( STO:CTT ), is not the largest company out there, but it saw a double-digit share price rise of...
Reported Earnings • Jul 22Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: kr1.21 (up from kr0.49 in 2Q 2021). Revenue: kr65.7m (up 72% from 2Q 2021). Net income: kr15.1m (up 148% from 2Q 2021). Profit margin: 23% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Over the next year, revenue is forecast to grow 65%, compared to a 40% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.