View ValuationEwork Group 将来の成長Future 基準チェック /46Ework Group利益と収益がそれぞれ年間15.9%と0.8%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34% 16.1%なると予測されています。主要情報15.9%収益成長率16.12%EPS成長率Professional Services 収益成長23.7%収益成長率0.8%将来の株主資本利益率34.00%アナリストカバレッジLow最終更新日06 May 2026今後の成長に関する最新情報お知らせ • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).お知らせ • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.お知らせ • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.お知らせ • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.すべての更新を表示Recent updatesNew Risk • Apr 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by earnings (104% payout ratio). Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin).Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr63.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 45% over the past three years.Upcoming Dividend • Apr 22Upcoming dividend of kr4.00 per shareEligible shareholders must have bought the stock before 29 April 2026. Payment date: 06 May 2026. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 5.3%. Within top quartile of Swedish dividend payers (4.0%). Higher than average of industry peers (4.1%).Reported Earnings • Apr 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.New Risk • Feb 27New 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 8.9% 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: Minor Risks Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin).Reported Earnings • Feb 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 20Ework Group AB (publ) announces Annual dividend, payable on May 06, 2026Ework Group AB (publ) announced Annual dividend of SEK 4.0000 per share payable on May 06, 2026, ex-date on April 29, 2026 and record date on April 30, 2026.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to kr68.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 50% over the past three years.お知らせ • Feb 19+ 1 more updateEwork Group AB (publ) to Report Fiscal Year 2025 Results on Apr 07, 2026Ework Group AB (publ) announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 07, 2026お知らせ • Oct 28Ework Group AB (publ), Annual General Meeting, Apr 28, 2026Ework Group AB (publ), Annual General Meeting, Apr 28, 2026. Location: stockholm SwedenReported Earnings • Oct 24Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: kr0.91 (down from kr1.49 in 3Q 2024). Revenue: kr2.99b (down 7.4% from 3Q 2024). Net income: kr15.7m (down 39% from 3Q 2024). Profit margin: 0.5% (down from 0.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Oct 23+ 3 more updatesEwork Group AB (publ) to Report First Half, 2026 Results on Jul 21, 2026Ework Group AB (publ) announced that they will report first half, 2026 results on Jul 21, 2026お知らせ • Oct 01+ 1 more updateEwork Group AB (publ) Announces CEO ChangesEwork Group AB (publ) has appointed Daniel Almgren as its Chief Executive Officer. He will assume the role on November 3, 2025. Daniel most recently served as CEO of the health and wellness chain Medley and has a background in advanced service delivery, consulting experience from McKinsey & Co, as well as a past as a member of the Swedish national athletics team. Karin Schreil will remain at the company's disposal until the end of the year.分析記事 • Sep 09Ework Group AB (publ)'s (STO:EWRK) Price Is Right But Growth Is Lacking After Shares Rocket 28%Ework Group AB (publ) ( STO:EWRK ) shareholders have had their patience rewarded with a 28% share price jump in the...Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 27%After last week's 27% share price gain to kr142, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 64% over the past three years.分析記事 • Jul 25Investors Can Find Comfort In Ework Group's (STO:EWRK) Earnings QualityEwork Group AB (publ)'s ( STO:EWRK ) stock was strong despite it releasing a soft earnings report last week. Our...お知らせ • Jul 21Ework Group AB (publ) to Report Nine Months, 2025 Results on Oct 23, 2025Ework Group AB (publ) announced that they will report nine months, 2025 results on Oct 23, 2025Reported Earnings • Jul 20Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: kr1.92 (down from kr2.00 in 2Q 2024). Revenue: kr3.60b (down 13% from 2Q 2024). Net income: kr33.3m (down 3.7% from 2Q 2024). Profit margin: 0.9% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Professional Services 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 remained flat.お知らせ • Jun 12+ 1 more updateKarin Schreil Leaves as President of Ework Group At the End of the YearEwork Group's President and CEO Karin Schreil has informed the company's Board of Directors that she has decided to leave her position at the end of the year. The Board will now initiate a recruitment process to appoint a new CEO for Ework. Karin Schreil has been President and CEO since November 2021. Since then, the company has increased its earnings from SEK 98 to SEK 139 million. Ework is one of Europe's largest suppliers of IT and technology consultants, with sales of SEK 15.8 billion in 2024.Board Change • Jun 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Sara Katarina Forste was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Jun 01Benign Growth For Ework Group AB (publ) (STO:EWRK) Underpins Stock's 30% PlummetEwork Group AB (publ) ( STO:EWRK ) shareholders that were waiting for something to happen have been dealt a blow with a...Reported Earnings • May 15First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.98 (down from kr2.11 in 1Q 2024). Revenue: kr3.51b (down 17% from 1Q 2024). Net income: kr16.9m (down 54% from 1Q 2024). Profit margin: 0.5% (down from 0.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.お知らせ • May 15Ework Group AB (publ) to Report Q2, 2025 Results on Jul 18, 2025Ework Group AB (publ) announced that they will report Q2, 2025 results at 9:30 AM, Central European Standard Time on Jul 18, 2025お知らせ • May 14Ework Group AB (publ) announces Annual dividend, payable on May 21, 2025Ework Group AB (publ) announced Annual dividend of SEK 7.0000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr125, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Professional Services industry in Sweden. Total returns to shareholders of 15% over the past three years.お知らせ • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).分析記事 • May 08Ework Group AB (publ)'s (STO:EWRK) CEO Will Probably Have Their Compensation Approved By ShareholdersKey Insights Ework Group to hold its Annual General Meeting on 14th of May Salary of kr3.66m is part of CEO Karin...お知らせ • Mar 10Ework Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 11, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 11, 2025Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: kr8.01 (up from kr7.46 in FY 2023). Revenue: kr15.8b (down 8.6% from FY 2023). Net income: kr138.5m (up 7.3% from FY 2023). Profit margin: 0.9% (up from 0.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.お知らせ • Feb 22+ 2 more updatesEwork Group AB (publ) to Report Q1, 2025 Results on May 14, 2025Ework Group AB (publ) announced that they will report Q1, 2025 results on May 14, 2025お知らせ • Nov 01Ework Group AB (publ) to Report Fiscal Year 2024 Results on Feb 21, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 results on Feb 21, 2025Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: kr1.49 (up from kr1.25 in 3Q 2023). Revenue: kr3.23b (down 11% from 3Q 2023). Net income: kr25.7m (up 19% from 3Q 2023). Profit margin: 0.8% (up from 0.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.お知らせ • Oct 04Ework Group AB (Publ) Announces Resignation of Klas Rewelj as Deputy CEOEwork Group AB (publ) announced that Klas Rewelj is leaving his position as Deputy CEO to take on new challenges outside the company.お知らせ • Oct 03Ework Group AB (Publ) Announces CFO ChangesEwork Group announces that Klas Rewelj is leaving his position as Chief Financial Officer (CFO) to take on new challenges outside the company. Klas took up the role of CFO at Ework Group in January 2022, with the mission of building a strong finance function and contributing to the company’s strategic and financial development. After a well completed tenure, he will hand over the CFO role to Johanna Eriksson, who will take over on November 1. Johanna Eriksson joins Ework from a long career as CFO, with extensive experience in the consulting industry and publicly listed environments. Most recently, she worked as an interim CFO and has previously been CFO for B3 Consulting Group, Dedicare AB, and Sopra Steria Sweden. Johanna will take up the role of CFO at Ework on November 1.Recent Insider Transactions • Sep 25Founder & Director recently sold kr52m worth of stockOn the 18th of September, Magnus Berglind sold around 370k shares on-market at roughly kr140 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months.Reported Earnings • Jul 22Second quarter 2024 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2024 results: EPS: kr2.00 (up from kr1.84 in 2Q 2023). Revenue: kr4.15b (down 5.1% from 2Q 2023). Net income: kr34.6m (up 8.7% from 2Q 2023). Profit margin: 0.8% (up from 0.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.分析記事 • May 10Ework Group's (STO:EWRK) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Ework Group AB (publ) ( STO:EWRK ) recently. We did some...お知らせ • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.Reported Earnings • May 02First quarter 2024 earnings released: EPS: kr2.11 (vs kr2.36 in 1Q 2023)First quarter 2024 results: EPS: kr2.11 (down from kr2.36 in 1Q 2023). Revenue: kr4.23b (down 7.5% from 1Q 2023). Net income: kr36.5m (down 10% from 1Q 2023). Profit margin: 0.9% (in line with 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.Upcoming Dividend • Apr 26Upcoming dividend of kr7.00 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 May 2024. Payout ratio and cash payout ratio are on the higher end at 94% and 76% respectively. Trailing yield: 5.1%. Within top quartile of Swedish dividend payers (4.5%). Higher than average of industry peers (3.2%).分析記事 • Apr 25Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • Apr 05Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 22Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Feb 16Dividend increased to kr7.00Dividend of kr7.00 is 7.7% higher than last year. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 11% 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 4.2% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 09Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr114, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total returns to shareholders of 81% over the past three years.お知らせ • Oct 25+ 5 more updatesEwork Group AB (publ) to Report Q2, 2024 Results on Jul 19, 2024Ework Group AB (publ) announced that they will report Q2, 2024 results on Jul 19, 2024Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: kr1.25 (down from kr2.02 in 3Q 2022). Revenue: kr3.64b (up 4.2% from 3Q 2022). Net income: kr21.7m (down 38% from 3Q 2022). Profit margin: 0.6% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 25Ework Group AB (publ) to Report Q3, 2023 Results on Oct 24, 2023Ework Group AB (publ) announced that they will report Q3, 2023 results on Oct 24, 2023New Risk • Jul 20New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jul 20Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: kr1.84 (up from kr1.50 in 2Q 2022). Revenue: kr4.38b (up 11% from 2Q 2022). Net income: kr31.8m (up 23% from 2Q 2022). Profit margin: 0.7% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Professional Services 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 22% per year, which means it is significantly lagging earnings growth.分析記事 • May 11Does Ework Group (STO:EWRK) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr137, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Sweden. Total returns to shareholders of 152% over the past three years.Buying Opportunity • Apr 26Now 21% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be kr210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 25%.Upcoming Dividend • Apr 19Upcoming dividend of kr6.50 per share at 3.7% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Swedish dividend payers (4.8%). Higher than average of industry peers (3.0%).Reported Earnings • Apr 06Full year 2022 earnings: Revenues in line with analyst expectationsFull year 2022 results: Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden.分析記事 • Apr 05Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ)'s ( STO:EWRK ) dividend will be increasing from last year's payment of the same period to SEK6.50...分析記事 • Feb 12Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ) ( STO:EWRK ) will increase its dividend from last year's comparable payment on the 3rd of May to...Reported Earnings • Feb 10Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: kr8.07 (up from kr5.68 in FY 2021). Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.お知らせ • Feb 10Ework Group AB (Publ) Proposes DividendEwork Group AB (publ) has decided to propose a dividend of SEK 6.50 per share to the upcoming Annual General Meeting.分析記事 • Feb 10Here's Why We Think Ework Group (STO:EWRK) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr149, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Sweden. Total returns to shareholders of 99% over the past three years.お知らせ • Jan 04Ework Group AB (publ)(OM:EWRK) dropped from OMX Nordic Small Cap IndexeWork Scandinavia AB (publ) has been removed from OMX Nordic Small Cap Index.Recent Insider Transactions • Dec 27Insider recently sold kr640k worth of stockOn the 22nd of December, Peter Lundahl sold around 5k shares on-market at roughly kr123 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr9.2m. Insiders have been net sellers, collectively disposing of kr6.7m more than they bought in the last 12 months.Reported Earnings • Oct 22Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: kr2.02 (up from kr1.06 in 3Q 2021). Revenue: kr3.49b (up 24% from 3Q 2021). Net income: kr34.8m (up 90% from 3Q 2021). Profit margin: 1.0% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.お知らせ • Oct 21Ework Group AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023Ework Group AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to kr112, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 76% over the past three years.分析記事 • Oct 21Is There Now An Opportunity In Ework Group AB (publ) (STO:EWRK)?Ework Group AB (publ) ( STO:EWRK ), might not be a large cap stock, but it received a lot of attention from a...分析記事 • Oct 06With EPS Growth And More, Ework Group (STO:EWRK) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Reported Earnings • Jul 19Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: kr1.50 (up from kr1.41 in 2Q 2021). Revenue: kr3.97b (up 19% from 2Q 2021). Net income: kr25.8m (up 6.2% from 2Q 2021). Profit margin: 0.7% (in line with 2Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 10%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • May 03First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: kr2.05 (up from kr1.29 in 1Q 2021). Revenue: kr3.92b (up 24% from 1Q 2021). Net income: kr35.3m (up 59% from 1Q 2021). Profit margin: 0.9% (up from 0.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 7.6%, compared to a 15% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 27Upcoming dividend of kr5.00 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 4.2%. Lower than top quartile of Swedish dividend payers (4.7%). Higher than average of industry peers (2.1%).Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 7.8%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Recent Insider Transactions • Oct 21Chief Financial Officer recently bought kr117k worth of stockOn the 19th of October, Ola Maalsnes bought around 1k shares on-market at roughly kr117 per share. This was the largest purchase by an insider in the last 3 months. This was Ola's only on-market trade for the last 12 months.Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS kr1.06 (vs kr0.87 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr2.82b (up 14% from 3Q 2020). Net income: kr18.3m (up 22% from 3Q 2020). Profit margin: 0.7% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Recent Insider Transactions • Aug 15Insider recently sold kr124k worth of stockOn the 12th of August, Pernilla Nilsson sold around 1k shares on-market at roughly kr120 per share. In the last 3 months, they made an even bigger sale worth kr288k. Insiders have been net sellers, collectively disposing of kr985k more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr119, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the IT industry in Sweden. Total returns to shareholders of 40% over the past three years.Recent Insider Transactions • Jul 27Insider recently sold kr288k worth of stockOn the 23rd of July, Pernilla Nilsson sold around 3k shares on-market at roughly kr104 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr609k more than they bought in the last 12 months.業績と収益の成長予測OM:EWRK - 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12/31/202813,26498103115212/31/202712,6799095105212/31/202612,04867849123/31/202613,25267132142N/A12/31/202513,74176112123N/A9/30/202514,262108-43-29N/A6/30/202514,499118230242N/A3/31/202515,049119115127N/A12/31/202415,764139164176N/A9/30/202416,249132196208N/A6/30/202416,652128-79N/A3/31/202416,877125113N/A12/31/202317,209129147164N/A9/30/202317,250137113134N/A6/30/202317,112151165189N/A3/31/202316,70414595123N/A12/31/202216,07013982110N/A9/30/202215,245129529N/A6/30/202214,5681135170N/A3/31/202213,948111523N/A12/31/202113,189985368N/A9/30/202112,56476234250N/A6/30/202112,21673328344N/A3/31/202111,99069528546N/A12/31/202012,23869360379N/A9/30/202012,54380307327N/A6/30/202012,77878146170N/A3/31/202012,907791034N/A12/31/201912,62175N/A22N/A9/30/201912,25083N/A-24N/A6/30/201911,91983N/A-5N/A3/31/201911,54081N/A-26N/A12/31/201811,03679N/A31N/A9/30/201810,57776N/A-10N/A6/30/201810,21877N/A-135N/A3/31/20189,73676N/A-114N/A12/31/20179,50380N/A-129N/A9/30/20179,10376N/A-74N/A6/30/20178,74078N/A-87N/A3/31/20178,28878N/A66N/A12/31/20167,58573N/A97N/A9/30/20167,01265N/A50N/A6/30/20166,68164N/A146N/A3/31/20166,31961N/A-14N/A12/31/20156,08960N/A-88N/A9/30/20155,73858N/A-16N/A6/30/20155,46351N/A21N/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: EWRKの予測収益成長率 (年間15.9% ) は 貯蓄率 ( 2% ) を上回っています。収益対市場: EWRKの収益 ( 15.9% ) はSwedish市場 ( 8.8% ) 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: EWRKの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: EWRKの収益 ( 0.8% ) Swedish市場 ( 0.04% ) 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: EWRKの収益 ( 0.8% ) 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: EWRK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 ( 34 %)成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 06:44終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ework Group 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。1 アナリスト機関null nullABG Sundal Collier Sponsored
お知らせ • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).
お知らせ • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.
お知らせ • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.
お知らせ • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.
New Risk • Apr 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 78% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by earnings (104% payout ratio). Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin).
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to kr63.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 45% over the past three years.
Upcoming Dividend • Apr 22Upcoming dividend of kr4.00 per shareEligible shareholders must have bought the stock before 29 April 2026. Payment date: 06 May 2026. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 5.3%. Within top quartile of Swedish dividend payers (4.0%). Higher than average of industry peers (4.1%).
Reported Earnings • Apr 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
New Risk • Feb 27New 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 8.9% 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: Minor Risks Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin).
Reported Earnings • Feb 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: kr4.41 (down from kr8.01 in FY 2024). Revenue: kr13.7b (down 13% from FY 2024). Net income: kr76.2m (down 45% from FY 2024). Profit margin: 0.6% (down from 0.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 20Ework Group AB (publ) announces Annual dividend, payable on May 06, 2026Ework Group AB (publ) announced Annual dividend of SEK 4.0000 per share payable on May 06, 2026, ex-date on April 29, 2026 and record date on April 30, 2026.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to kr68.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total loss to shareholders of 50% over the past three years.
お知らせ • Feb 19+ 1 more updateEwork Group AB (publ) to Report Fiscal Year 2025 Results on Apr 07, 2026Ework Group AB (publ) announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Apr 07, 2026
お知らせ • Oct 28Ework Group AB (publ), Annual General Meeting, Apr 28, 2026Ework Group AB (publ), Annual General Meeting, Apr 28, 2026. Location: stockholm Sweden
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: kr0.91 (down from kr1.49 in 3Q 2024). Revenue: kr2.99b (down 7.4% from 3Q 2024). Net income: kr15.7m (down 39% from 3Q 2024). Profit margin: 0.5% (down from 0.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Oct 23+ 3 more updatesEwork Group AB (publ) to Report First Half, 2026 Results on Jul 21, 2026Ework Group AB (publ) announced that they will report first half, 2026 results on Jul 21, 2026
お知らせ • Oct 01+ 1 more updateEwork Group AB (publ) Announces CEO ChangesEwork Group AB (publ) has appointed Daniel Almgren as its Chief Executive Officer. He will assume the role on November 3, 2025. Daniel most recently served as CEO of the health and wellness chain Medley and has a background in advanced service delivery, consulting experience from McKinsey & Co, as well as a past as a member of the Swedish national athletics team. Karin Schreil will remain at the company's disposal until the end of the year.
分析記事 • Sep 09Ework Group AB (publ)'s (STO:EWRK) Price Is Right But Growth Is Lacking After Shares Rocket 28%Ework Group AB (publ) ( STO:EWRK ) shareholders have had their patience rewarded with a 28% share price jump in the...
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 27%After last week's 27% share price gain to kr142, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 64% over the past three years.
分析記事 • Jul 25Investors Can Find Comfort In Ework Group's (STO:EWRK) Earnings QualityEwork Group AB (publ)'s ( STO:EWRK ) stock was strong despite it releasing a soft earnings report last week. Our...
お知らせ • Jul 21Ework Group AB (publ) to Report Nine Months, 2025 Results on Oct 23, 2025Ework Group AB (publ) announced that they will report nine months, 2025 results on Oct 23, 2025
Reported Earnings • Jul 20Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: kr1.92 (down from kr2.00 in 2Q 2024). Revenue: kr3.60b (down 13% from 2Q 2024). Net income: kr33.3m (down 3.7% from 2Q 2024). Profit margin: 0.9% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Professional Services 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 remained flat.
お知らせ • Jun 12+ 1 more updateKarin Schreil Leaves as President of Ework Group At the End of the YearEwork Group's President and CEO Karin Schreil has informed the company's Board of Directors that she has decided to leave her position at the end of the year. The Board will now initiate a recruitment process to appoint a new CEO for Ework. Karin Schreil has been President and CEO since November 2021. Since then, the company has increased its earnings from SEK 98 to SEK 139 million. Ework is one of Europe's largest suppliers of IT and technology consultants, with sales of SEK 15.8 billion in 2024.
Board Change • Jun 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Sara Katarina Forste was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Jun 01Benign Growth For Ework Group AB (publ) (STO:EWRK) Underpins Stock's 30% PlummetEwork Group AB (publ) ( STO:EWRK ) shareholders that were waiting for something to happen have been dealt a blow with a...
Reported Earnings • May 15First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.98 (down from kr2.11 in 1Q 2024). Revenue: kr3.51b (down 17% from 1Q 2024). Net income: kr16.9m (down 54% from 1Q 2024). Profit margin: 0.5% (down from 0.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • May 15Ework Group AB (publ) to Report Q2, 2025 Results on Jul 18, 2025Ework Group AB (publ) announced that they will report Q2, 2025 results at 9:30 AM, Central European Standard Time on Jul 18, 2025
お知らせ • May 14Ework Group AB (publ) announces Annual dividend, payable on May 21, 2025Ework Group AB (publ) announced Annual dividend of SEK 7.0000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr125, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Professional Services industry in Sweden. Total returns to shareholders of 15% over the past three years.
お知らせ • May 09Ework Group Provides Preliminary Earnings Guidance for the First Quarter of 2025Ework Group provided preliminary earnings guidance for the first quarter of 2025. For the quarter, the company expects revenue to be approximately SEK 3,500 million (SEK 4,225 million) and operating result (EBIT) to be SEK 34 million (SEK 44.7 million).
分析記事 • May 08Ework Group AB (publ)'s (STO:EWRK) CEO Will Probably Have Their Compensation Approved By ShareholdersKey Insights Ework Group to hold its Annual General Meeting on 14th of May Salary of kr3.66m is part of CEO Karin...
お知らせ • Mar 10Ework Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 11, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 final results at 9:00 AM, Central European Standard Time on Apr 11, 2025
Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: kr8.01 (up from kr7.46 in FY 2023). Revenue: kr15.8b (down 8.6% from FY 2023). Net income: kr138.5m (up 7.3% from FY 2023). Profit margin: 0.9% (up from 0.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Feb 22+ 2 more updatesEwork Group AB (publ) to Report Q1, 2025 Results on May 14, 2025Ework Group AB (publ) announced that they will report Q1, 2025 results on May 14, 2025
お知らせ • Nov 01Ework Group AB (publ) to Report Fiscal Year 2024 Results on Feb 21, 2025Ework Group AB (publ) announced that they will report fiscal year 2024 results on Feb 21, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: kr1.49 (up from kr1.25 in 3Q 2023). Revenue: kr3.23b (down 11% from 3Q 2023). Net income: kr25.7m (up 19% from 3Q 2023). Profit margin: 0.8% (up from 0.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Oct 04Ework Group AB (Publ) Announces Resignation of Klas Rewelj as Deputy CEOEwork Group AB (publ) announced that Klas Rewelj is leaving his position as Deputy CEO to take on new challenges outside the company.
お知らせ • Oct 03Ework Group AB (Publ) Announces CFO ChangesEwork Group announces that Klas Rewelj is leaving his position as Chief Financial Officer (CFO) to take on new challenges outside the company. Klas took up the role of CFO at Ework Group in January 2022, with the mission of building a strong finance function and contributing to the company’s strategic and financial development. After a well completed tenure, he will hand over the CFO role to Johanna Eriksson, who will take over on November 1. Johanna Eriksson joins Ework from a long career as CFO, with extensive experience in the consulting industry and publicly listed environments. Most recently, she worked as an interim CFO and has previously been CFO for B3 Consulting Group, Dedicare AB, and Sopra Steria Sweden. Johanna will take up the role of CFO at Ework on November 1.
Recent Insider Transactions • Sep 25Founder & Director recently sold kr52m worth of stockOn the 18th of September, Magnus Berglind sold around 370k shares on-market at roughly kr140 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months.
Reported Earnings • Jul 22Second quarter 2024 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2024 results: EPS: kr2.00 (up from kr1.84 in 2Q 2023). Revenue: kr4.15b (down 5.1% from 2Q 2023). Net income: kr34.6m (up 8.7% from 2Q 2023). Profit margin: 0.8% (up from 0.7% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 20Ework Group AB (Publ) Reaffirms Earnings Guidance for the Year 2024Ework Group AB (publ) reaffirmed earnings guidance for the year 2024. The outlook remains unchanged, meaning that Ework anticipates that demand will gradually strengthen, and will thus be able to show growth in late 2024. A limited decrease in sales year-on-year remains the forecast for the full-year 2024. In line with financial targets, it retain previous assessment that operating profit (EBIT) and earnings per share will increase at least 30% for the full-year 2024.
分析記事 • May 10Ework Group's (STO:EWRK) Shareholders Have More To Worry About Than Only Soft EarningsThe market wasn't impressed with the soft earnings from Ework Group AB (publ) ( STO:EWRK ) recently. We did some...
お知らせ • May 03Ework Group AB (Publ) Provides Earnings Guidance for the First Half and Full Year 2024Ework Group AB (publ) provided earnings guidance for the first half and full year 2024. For the half year, the company expects decrease in sales during the first half of the year as a result of lower demand and order intake.For the year, the company expects limited decrease in sales. After implemented cost reductions, and with a focus on increased value creation in the deliveries, company is seeing that company can gradually increase the business margins. In line with the financial targets, company maintain the previous assessment that operating profit (EBIT) and earnings per share will increase by at least 30% for full-year 2024.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: kr2.11 (vs kr2.36 in 1Q 2023)First quarter 2024 results: EPS: kr2.11 (down from kr2.36 in 1Q 2023). Revenue: kr4.23b (down 7.5% from 1Q 2023). Net income: kr36.5m (down 10% from 1Q 2023). Profit margin: 0.9% (in line with 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.
Upcoming Dividend • Apr 26Upcoming dividend of kr7.00 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 May 2024. Payout ratio and cash payout ratio are on the higher end at 94% and 76% respectively. Trailing yield: 5.1%. Within top quartile of Swedish dividend payers (4.5%). Higher than average of industry peers (3.2%).
分析記事 • Apr 25Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • Apr 05Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 22Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00Ework Group AB (publ) ( STO:EWRK ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Feb 16Dividend increased to kr7.00Dividend of kr7.00 is 7.7% higher than last year. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 11% 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 4.2% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 09Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.46 (down from kr8.07 in FY 2022). Revenue: kr17.2b (up 7.3% from FY 2022). Net income: kr129.0m (down 7.3% from FY 2022). Profit margin: 0.7% (down from 0.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 30Ework Group AB (publ) Provides Earnings Guidance for the Year 2024Ework Group AB (publ) provided earnings guidance for the year 2024. A decrease in turnover is expected the first six months due to lower demand and order intake as the company have reported during 2023. For the full year 2024, a limited decrease in turnover is forecasted. The operating profit for the full year 2024 will increase by at least 30%, in line with its financial goals.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr114, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Professional Services industry in Sweden. Total returns to shareholders of 81% over the past three years.
お知らせ • Oct 25+ 5 more updatesEwork Group AB (publ) to Report Q2, 2024 Results on Jul 19, 2024Ework Group AB (publ) announced that they will report Q2, 2024 results on Jul 19, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: kr1.25 (down from kr2.02 in 3Q 2022). Revenue: kr3.64b (up 4.2% from 3Q 2022). Net income: kr21.7m (down 38% from 3Q 2022). Profit margin: 0.6% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 25Ework Group AB (publ) to Report Q3, 2023 Results on Oct 24, 2023Ework Group AB (publ) announced that they will report Q3, 2023 results on Oct 24, 2023
New Risk • Jul 20New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jul 20Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: kr1.84 (up from kr1.50 in 2Q 2022). Revenue: kr4.38b (up 11% from 2Q 2022). Net income: kr31.8m (up 23% from 2Q 2022). Profit margin: 0.7% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Professional Services 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 22% per year, which means it is significantly lagging earnings growth.
分析記事 • May 11Does Ework Group (STO:EWRK) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • May 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr137, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Professional Services industry in Sweden. Total returns to shareholders of 152% over the past three years.
Buying Opportunity • Apr 26Now 21% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be kr210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 25%.
Upcoming Dividend • Apr 19Upcoming dividend of kr6.50 per share at 3.7% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Swedish dividend payers (4.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Apr 06Full year 2022 earnings: Revenues in line with analyst expectationsFull year 2022 results: Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden.
分析記事 • Apr 05Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ)'s ( STO:EWRK ) dividend will be increasing from last year's payment of the same period to SEK6.50...
分析記事 • Feb 12Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50Ework Group AB (publ) ( STO:EWRK ) will increase its dividend from last year's comparable payment on the 3rd of May to...
Reported Earnings • Feb 10Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: kr8.07 (up from kr5.68 in FY 2021). Revenue: kr16.1b (up 22% from FY 2021). Net income: kr139.2m (up 42% from FY 2021). Profit margin: 0.9% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Feb 10Ework Group AB (Publ) Proposes DividendEwork Group AB (publ) has decided to propose a dividend of SEK 6.50 per share to the upcoming Annual General Meeting.
分析記事 • Feb 10Here's Why We Think Ework Group (STO:EWRK) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to kr149, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Sweden. Total returns to shareholders of 99% over the past three years.
お知らせ • Jan 04Ework Group AB (publ)(OM:EWRK) dropped from OMX Nordic Small Cap IndexeWork Scandinavia AB (publ) has been removed from OMX Nordic Small Cap Index.
Recent Insider Transactions • Dec 27Insider recently sold kr640k worth of stockOn the 22nd of December, Peter Lundahl sold around 5k shares on-market at roughly kr123 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr9.2m. Insiders have been net sellers, collectively disposing of kr6.7m more than they bought in the last 12 months.
Reported Earnings • Oct 22Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: kr2.02 (up from kr1.06 in 3Q 2021). Revenue: kr3.49b (up 24% from 3Q 2021). Net income: kr34.8m (up 90% from 3Q 2021). Profit margin: 1.0% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 96%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
お知らせ • Oct 21Ework Group AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023Ework Group AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to kr112, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Professional Services industry in Sweden. Total returns to shareholders of 76% over the past three years.
分析記事 • Oct 21Is There Now An Opportunity In Ework Group AB (publ) (STO:EWRK)?Ework Group AB (publ) ( STO:EWRK ), might not be a large cap stock, but it received a lot of attention from a...
分析記事 • Oct 06With EPS Growth And More, Ework Group (STO:EWRK) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Reported Earnings • Jul 19Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: kr1.50 (up from kr1.41 in 2Q 2021). Revenue: kr3.97b (up 19% from 2Q 2021). Net income: kr25.8m (up 6.2% from 2Q 2021). Profit margin: 0.7% (in line with 2Q 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 10%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • May 03First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: kr2.05 (up from kr1.29 in 1Q 2021). Revenue: kr3.92b (up 24% from 1Q 2021). Net income: kr35.3m (up 59% from 1Q 2021). Profit margin: 0.9% (up from 0.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to grow 7.6%, compared to a 15% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 27Upcoming dividend of kr5.00 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 4.2%. Lower than top quartile of Swedish dividend payers (4.7%). Higher than average of industry peers (2.1%).
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Director Frida Westerberg was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 12%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr5.68 (up from kr4.02 in FY 2020). Revenue: kr13.2b (up 7.8% from FY 2020). Net income: kr98.0m (up 41% from FY 2020). Profit margin: 0.7% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 7.8%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Oct 21Chief Financial Officer recently bought kr117k worth of stockOn the 19th of October, Ola Maalsnes bought around 1k shares on-market at roughly kr117 per share. This was the largest purchase by an insider in the last 3 months. This was Ola's only on-market trade for the last 12 months.
Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS kr1.06 (vs kr0.87 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr2.82b (up 14% from 3Q 2020). Net income: kr18.3m (up 22% from 3Q 2020). Profit margin: 0.7% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Aug 15Insider recently sold kr124k worth of stockOn the 12th of August, Pernilla Nilsson sold around 1k shares on-market at roughly kr120 per share. In the last 3 months, they made an even bigger sale worth kr288k. Insiders have been net sellers, collectively disposing of kr985k more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr119, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the IT industry in Sweden. Total returns to shareholders of 40% over the past three years.
Recent Insider Transactions • Jul 27Insider recently sold kr288k worth of stockOn the 23rd of July, Pernilla Nilsson sold around 3k shares on-market at roughly kr104 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr609k more than they bought in the last 12 months.