View Future GrowthB3 Consulting Group 過去の業績過去 基準チェック /16B3 Consulting Groupの収益は年間平均-4.4%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間12.7% 6.2%割合で 増加しています。 B3 Consulting Groupの自己資本利益率は3.4%であり、純利益率は0.5%です。主要情報-4.43%収益成長率-5.12%EPS成長率IT 業界の成長15.34%収益成長率6.17%株主資本利益率3.36%ネット・マージン0.45%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 86%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.Reported Earnings • Feb 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jul 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 97%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.分析記事 • May 02Impressive Earnings May Not Tell The Whole Story For B3 Consulting Group (STO:B3)Despite announcing strong earnings, B3 Consulting Group AB (publ)'s ( STO:B3 ) stock was sluggish. We think that the...Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.すべての更新を表示Recent updatesPrice Target Changed • May 12Price target decreased by 69% to kr30.00Down from kr97.50, the current price target is provided by 1 analyst. New target price is 14% above last closing price of kr26.40. Stock is down 57% over the past year. The company is forecast to post earnings per share of kr2.92 for next year compared to kr1.20 last year.Major Estimate Revision • May 08Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from kr1.21b to kr1.19b. EPS estimate also fell from kr4.93 per share to kr2.93 per share. Net income forecast to grow 490% next year vs 35% growth forecast for IT industry in Sweden. Consensus price target of kr92.50 unchanged from last update. Share price was steady at kr27.70 over the past week.Reported Earnings • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 86%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.Price Target Changed • May 04Price target increased by 59% to kr155Up from kr97.50, the current price target is provided by 1 analyst. New target price is 454% above last closing price of kr28.00. Stock is down 55% over the past year. The company is forecast to post earnings per share of kr3.44 for next year compared to kr1.20 last year.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr28.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the IT industry in Sweden. Total loss to shareholders of 79% over the past three years.お知らせ • Apr 12B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026, at 14:00 W. Europe Standard Time. Location: company premises at wallingatan 2, 111 60, stockholm SwedenPrice Target Changed • Feb 23Price target decreased by 11% to kr97.50Down from kr110, the current price target is an average from 2 analysts. New target price is 178% above last closing price of kr35.10. Stock is down 48% over the past year. The company is forecast to post earnings per share of kr3.62 for next year compared to kr1.20 last year.Reported Earnings • Feb 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Feb 04Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr1.52 to kr1.33 per share. Revenue forecast steady at kr1.24b. Net income forecast to grow 1,174% next year vs 18% growth forecast for IT industry in Sweden. Consensus price target of kr103 unchanged from last update. Share price fell 6.2% to kr39.25 over the past week.Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions • Sep 05Business Area Manager for Digital recently bought kr51k worth of stockOn the 2nd of September, Anders Nilsson bought around 970 shares on-market at roughly kr52.70 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr219k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Aug 13Insider recently bought kr75k worth of stockOn the 11th of August, Fredrik Dolleus bought around 1k shares on-market at roughly kr53.59 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr253k more in shares than they have sold in the last 12 months.Major Estimate Revision • Aug 06Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from kr1.27b to kr1.30b. EPS estimate increased from kr2.22 to kr2.58 per share. Net income forecast to shrink 53% next year vs 18% growth forecast for IT industry in Sweden . Consensus price target of kr110 unchanged from last update. Share price was steady at kr52.00 over the past week.Recent Insider Transactions • Jul 23President & CEO recently bought kr93k worth of stockOn the 16th of July, Martin Stenström bought around 2k shares on-market at roughly kr56.00 per share. This transaction amounted to 3.0% 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 Martin's only on-market trade for the last 12 months.Recent Insider Transactions • Jul 18President & CEO recently bought kr93k worth of stockOn the 16th of July, Martin Stenström bought around 2k shares on-market at roughly kr56.00 per share. This transaction amounted to 3.0% 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 Martin's only on-market trade for the last 12 months.分析記事 • Jul 18B3 Consulting Group AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowB3 Consulting Group AB (publ) ( STO:B3 ) just released its latest second-quarter report and things are not looking...Reported Earnings • Jul 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 97%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Price Target Changed • Jul 16Price target decreased by 12% to kr110Down from kr126, the current price target is an average from 2 analysts. New target price is 96% above last closing price of kr56.00. Stock is down 34% over the past year. The company is forecast to post earnings per share of kr2.58 for next year compared to kr9.57 last year.New Risk • Jul 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (kr544.0m market cap, or US$55.8m).分析記事 • Jun 17There Is A Reason B3 Consulting Group AB (publ)'s (STO:B3) Price Is UndemandingWith a price-to-earnings (or "P/E") ratio of 7.1x B3 Consulting Group AB (publ) ( STO:B3 ) may be sending very bullish...分析記事 • May 02Impressive Earnings May Not Tell The Whole Story For B3 Consulting Group (STO:B3)Despite announcing strong earnings, B3 Consulting Group AB (publ)'s ( STO:B3 ) stock was sluggish. We think that the...分析記事 • Apr 26B3 Consulting Group AB (publ) (STO:B3) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearIt's shaping up to be a tough period for B3 Consulting Group AB (publ) ( STO:B3 ), which a week ago released some...Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr64.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the IT industry in Sweden. Total loss to shareholders of 42% over the past three years.お知らせ • Apr 03B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025, at 14:00 W. Europe Standard Time. Location: at wallingatan 2, 111 60 stockholm SwedenMajor Estimate Revision • Mar 28Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr7.04 to kr6.20 per share. Revenue forecast steady at kr1.39b. Net income forecast to shrink 33% next year vs 9.1% growth forecast for IT industry in Sweden . Consensus price target down from kr128 to kr124. Share price fell 2.4% to kr62.30 over the past week.Reported Earnings • Feb 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: kr9.56 (up from kr7.12 in FY 2023). Revenue: kr1.13b (down 1.0% from FY 2023). Net income: kr83.3m (up 38% from FY 2023). Profit margin: 7.4% (up from 5.3% in FY 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 20B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million.B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million on February 19, 2025. A cash consideration of NOK 15.8 million will be paid by B3 Consulting Group AB (publ). As part of consideration, NOK 15.8 million is paid towards common equity of Habberstad As. The company will remain intact with current management, branding and own internal functions. No cost initiatives will be taken. For the period ending December 31, 2024, Habberstad As reported total revenue of NOK 78.6 million and EBIT of NOK 5.6 million.Major Estimate Revision • Dec 03Consensus EPS estimates increase by 63%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from kr6.80 to kr11.09. Revenue forecast steady at kr1.15b. Net income forecast to shrink 14% next year vs 14% growth forecast for IT industry in Sweden . Consensus price target of kr130 unchanged from last update. Share price was steady at kr76.20 over the past week.New Risk • Dec 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr652.4m market cap, or US$59.5m).Major Estimate Revision • Nov 26Consensus EPS estimates fall by 39%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from kr11.09 to kr6.80 per share. Revenue forecast steady at kr1.14b. Net income forecast to shrink 31% next year vs 14% growth forecast for IT industry in Sweden . Consensus price target of kr130 unchanged from last update. Share price was steady at kr75.80 over the past week.Upcoming Dividend • Nov 06Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 13 November 2024. Payment date: 19 November 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Swedish dividend payers (4.6%). Higher than average of industry peers (2.3%).分析記事 • Oct 31Solid Earnings May Not Tell The Whole Story For B3 Consulting Group (STO:B3)The recent earnings posted by B3 Consulting Group AB (publ) ( STO:B3 ) were solid, but the stock didn't move as much as...Major Estimate Revision • Oct 30Consensus EPS estimates increase by 322%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from kr2.63 to kr11.10. Revenue forecast steady at kr1.15b. Net income forecast to shrink 14% next year vs 15% growth forecast for IT industry in Sweden . Consensus price target broadly unchanged at kr130. Share price rose 3.4% to kr79.00 over the past week.New Risk • Oct 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr728.0m market cap, or US$68.5m).Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: kr8.65 (up from kr1.05 in 3Q 2023). Revenue: kr245.3m (up 9.9% from 3Q 2023). Net income: kr74.3m (up kr65.1m from 3Q 2023). Profit margin: 30% (up from 4.1% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.Major Estimate Revision • Oct 16Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from kr3.17 to kr2.63 per share. Revenue forecast steady at kr1.14b. Net income forecast to grow 83% next year vs 16% growth forecast for IT industry in Sweden. Consensus price target of kr132 unchanged from last update. Share price fell 4.1% to kr78.00 over the past week.Major Estimate Revision • Sep 24Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr1.17b to kr1.15b. EPS estimate also fell from kr3.71 per share to kr3.17 per share. Net income forecast to grow 113% next year vs 19% growth forecast for IT industry in Sweden. Consensus price target of kr132 unchanged from last update. Share price was steady at kr86.90 over the past week.Recent Insider Transactions • Aug 21Manager of Communications & IR recently bought kr86k worth of stockOn the 16th of August, Katarina Lundqvist bought around 1k shares on-market at roughly kr85.59 per share. This transaction amounted to 31% 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.分析記事 • Aug 07B3 Consulting Group AB (publ) (STO:B3) Might Not Be As Mispriced As It LooksIt's not a stretch to say that B3 Consulting Group AB (publ)'s ( STO:B3 ) price-to-earnings (or "P/E") ratio of 23x...Buy Or Sell Opportunity • Aug 07Now 22% undervaluedOver the last 90 days, the stock has risen 8.2% to kr76.70. The fair value is estimated to be kr98.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 242% in the next 2 years.Major Estimate Revision • Jul 23Consensus EPS estimates fall by 24%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from kr1.15b to kr1.17b. EPS estimate fell from kr4.90 to kr3.71 per share. Net income forecast to grow 112% next year vs 24% growth forecast for IT industry in Sweden. Consensus price target up from kr122 to kr132. Share price rose 2.2% to kr85.30 over the past week.分析記事 • Jul 19Earnings Miss: B3 Consulting Group AB (publ) Missed EPS By 39% And Analysts Are Revising Their ForecastsIt's been a good week for B3 Consulting Group AB (publ) ( STO:B3 ) shareholders, because the company has just released...Price Target Changed • Jul 18Price target increased by 9.6% to kr132Up from kr120, the current price target is an average from 2 analysts. New target price is 55% above last closing price of kr85.00. Stock is down 15% over the past year. The company is forecast to post earnings per share of kr3.71 for next year compared to kr7.12 last year.New Risk • Jul 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.7% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Dividend per share is over 18x cash flows per share. Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Market cap is less than US$100m (kr692.9m market cap, or US$65.8m).お知らせ • Jul 10B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.Pareto Securities AB acted as Financial Advisor to Webstep AS. B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS on July 9, 2024.お知らせ • May 25B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 51 million.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.分析記事 • Apr 26Is Now The Time To Look At Buying B3 Consulting Group AB (publ) (STO:B3)?B3 Consulting Group AB (publ) ( STO:B3 ), might not be a large cap stock, but it received a lot of attention from a...Buy Or Sell Opportunity • Apr 25Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to kr68.60. The fair value is estimated to be kr93.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 165% in the next 2 years.Price Target Changed • Apr 25Price target decreased by 13% to kr120Down from kr138, the current price target is an average from 2 analysts. New target price is 58% above last closing price of kr76.00. Stock is down 62% over the past year. The company is forecast to post earnings per share of kr7.72 for next year compared to kr7.12 last year.Price Target Changed • Apr 09Price target decreased by 8.1% to kr130Down from kr142, the current price target is an average from 2 analysts. New target price is 51% above last closing price of kr86.20. Stock is down 57% over the past year. The company is forecast to post earnings per share of kr7.96 for next year compared to kr7.12 last year.Recent Insider Transactions • Feb 23Manager of Communications & IR recently bought kr101k worth of stockOn the 16th of February, Katarina Lundqvist bought around 1k shares on-market at roughly kr84.15 per share. This transaction amounted to 59% 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 kr865k more in shares than they have sold in the last 12 months.分析記事 • Feb 18B3 Consulting Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their ModelsB3 Consulting Group AB (publ) ( STO:B3 ) shareholders are probably feeling a little disappointed, since its shares fell...Reported Earnings • Feb 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.12 (down from kr11.83 in FY 2022). Revenue: kr1.14b (flat on FY 2022). Net income: kr60.5m (down 42% from FY 2022). Profit margin: 5.3% (down from 9.0% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to kr78.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the IT industry in Sweden. Total returns to shareholders of 89% over the past three years.分析記事 • Dec 29B3 Consulting Group AB (publ) (STO:B3) Surges 28% Yet Its Low P/E Is No Reason For ExcitementThe B3 Consulting Group AB (publ) ( STO:B3 ) share price has done very well over the last month, posting an excellent...分析記事 • Dec 10Is Now An Opportune Moment To Examine B3 Consulting Group AB (publ) (STO:B3)?While B3 Consulting Group AB (publ) ( STO:B3 ) might not be the most widely known stock at the moment, it saw a...Reported Earnings • Oct 27Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: kr1.05 (down from kr2.17 in 3Q 2022). Revenue: kr223.7m (down 5.1% from 3Q 2022). Net income: kr9.20m (down 51% from 3Q 2022). Profit margin: 4.1% (down from 7.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 05Price target decreased by 8.6% to kr160Down from kr175, the current price target is an average from 2 analysts. New target price is 85% above last closing price of kr86.50. Stock is down 34% over the past year. The company is forecast to post earnings per share of kr8.51 for next year compared to kr11.83 last year.Major Estimate Revision • Jul 28Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr1.22b to kr1.18b. EPS estimate also fell from kr9.62 per share to kr8.27 per share. Net income forecast to shrink 8.6% next year vs 11% growth forecast for IT industry in Sweden . Consensus price target down from kr188 to kr175. Share price was steady at kr103 over the past week.Reported Earnings • Jul 21Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: kr1.68 (down from kr2.97 in 2Q 2022). Revenue: kr299.8m (up 3.6% from 2Q 2022). Net income: kr14.4m (down 44% from 2Q 2022). Profit margin: 4.8% (down from 8.8% in 2Q 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 2.6%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 17Price target decreased by 13% to kr188Down from kr215, the current price target is an average from 2 analysts. New target price is 88% above last closing price of kr99.50. Stock is down 26% over the past year. The company is forecast to post earnings per share of kr9.62 for next year compared to kr11.83 last year.分析記事 • Jul 13Why The 46% Return On Capital At B3 Consulting Group (STO:B3) Should Have Your AttentionFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Major Estimate Revision • Jul 10Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr1.25b to kr1.23b. EPS estimate also fell from kr12.91 per share to kr10.40 per share. Net income forecast to shrink 0.02% next year vs 12% growth forecast for IT industry in Sweden . Consensus price target of kr208 unchanged from last update. Share price fell 3.5% to kr114 over the past week.New Risk • Jun 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: kr1.07b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (kr1.07b market cap, or US$99.3m).Recent Insider Transactions • Jun 07Chairman recently bought kr643k worth of stockOn the 2nd of June, Sverre Bjerkeli bought around 5k shares on-market at roughly kr129 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. Sverre has been a buyer over the last 12 months, purchasing a net total of kr44m worth in shares.Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr134, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the IT industry in Sweden. Total returns to shareholders of 334% over the past three years.分析記事 • May 30An Intrinsic Calculation For B3 Consulting Group AB (publ) (STO:B3) Suggests It's 50% UndervaluedKey Insights The projected fair value for B3 Consulting Group is kr277 based on 2 Stage Free Cash Flow to Equity B3...Reported Earnings • May 04First quarter 2023 earnings released: EPS: kr3.41 (vs kr3.38 in 1Q 2022)First quarter 2023 results: EPS: kr3.41. Revenue: kr325.2m (up 12% from 1Q 2022). Net income: kr28.9m (flat on 1Q 2022). Profit margin: 8.9% (down from 10.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Sweden.Upcoming Dividend • May 04Upcoming dividend of kr8.00 per share at 5.8% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of Swedish dividend payers (5.1%). Higher than average of industry peers (2.1%).分析記事 • Apr 29With EPS Growth And More, B3 Consulting Group (STO:B3) Makes An Interesting CaseFor 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 • Apr 28Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to kr157, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the IT industry in Sweden. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr308 per share.分析記事 • Feb 19B3 Consulting Group AB (publ) Just Beat EPS By 5.6%: Here's What Analysts Think Will Happen NextIt's been a good week for B3 Consulting Group AB (publ) ( STO:B3 ) shareholders, because the company has just released...Reported Earnings • Feb 19Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: kr11.83 (up from kr5.32 in FY 2021). Revenue: kr1.15b (up 25% from FY 2021). Net income: kr103.3m (up 128% from FY 2021). Profit margin: 9.0% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth.分析記事 • Dec 06B3 Consulting Group (STO:B3) Is Achieving High Returns On Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr179, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the IT industry in Sweden. Total returns to shareholders of 318% over the past three years.Recent Insider Transactions • Dec 01Insider recently sold kr3.4m worth of stockOn the 23rd of November, Tommy Sarenbrant sold around 21k shares on-market at roughly kr164 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr11m. Despite this recent sale, insiders have collectively bought kr20m more than they sold in the last 12 months.Major Estimate Revision • Nov 25Consensus EPS estimates increase by 134%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from kr1.05b to kr1.13b. EPS estimate increased from kr4.79 to kr11.22 per share. Net income forecast to grow 2.7% next year vs 8.3% growth forecast for IT industry in Sweden. Consensus price target of kr225 unchanged from last update. Share price fell 2.6% to kr153 over the past week.分析記事 • Nov 24Party Time: One Broker Just Made Major Increases To Their B3 Consulting Group AB (publ) (STO:B3) Earnings ForecastCelebrations may be in order for B3 Consulting Group AB (publ) ( STO:B3 ) shareholders, with the covering analyst...Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr2.17 (vs kr0.57 in 3Q 2021)Third quarter 2022 results: EPS: kr2.17 (up from kr0.57 in 3Q 2021). Revenue: kr235.9m (up 25% from 3Q 2021). Net income: kr18.7m (up 282% from 3Q 2021). Profit margin: 7.9% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the IT 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 47% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 16Does B3 Consulting Group (STO:B3) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: kr2.97 (vs kr1.37 in 2Q 2021)Second quarter 2022 results: EPS: kr2.97 (up from kr1.37 in 2Q 2021). Revenue: kr289.7m (up 24% from 2Q 2021). Net income: kr25.5m (up 120% from 2Q 2021). Profit margin: 8.8% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.9%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to kr115, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the IT industry in Sweden. Total returns to shareholders of 85% over the past three years.Board Change • May 20High number of new directorsIndependent Director Leif Frykman was the last director to join the board, commencing their role in 2022.Recent Insider Transactions • May 04Insider recently sold kr3.1m worth of stockOn the 29th of April, Fredrik Blomgren sold around 24k shares on-market at roughly kr132 per share. In the last 3 months, there was an even bigger sale from another insider worth kr4.1m. Insiders have been net sellers, collectively disposing of kr11m more than they bought in the last 12 months.Upcoming Dividend • May 02Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Swedish dividend payers (4.6%). Higher than average of industry peers (2.0%).分析記事 • Apr 28B3 Consulting Group (STO:B3) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Apr 27First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: kr3.38 (up from kr0.71 in 1Q 2021). Revenue: kr292.4m (up 28% from 1Q 2021). Net income: kr29.0m (up 392% from 1Q 2021). Profit margin: 9.9% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 7.9%, compared to a 18% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 23Returns On Capital Signal Tricky Times Ahead For B3 Consulting Group (STO:B3)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Recent Insider Transactions • Feb 23Insider recently sold kr4.1m worth of stockOn the 21st of February, Tommy Sarenbrant sold around 42k shares on-market at roughly kr97.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr7.4m more than they bought in the last 12 months.Reported Earnings • Feb 21Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: kr5.32 (up from kr2.89 in FY 2020). Revenue: kr921.9m (up 8.3% from FY 2020). Net income: kr45.3m (up 98% from FY 2020). Profit margin: 4.9% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 13%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.分析記事 • Dec 01Is B3 Consulting Group (STO:B3) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS kr0.57 (vs kr0.45 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr189.0m (up 16% from 3Q 2020). Net income: kr4.90m (up 32% from 3Q 2020). Profit margin: 2.6% (up from 2.3% 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 6% per year whereas the company’s share price has fallen by 2% per year.収支内訳B3 Consulting Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史OM:B3 収益、費用、利益 ( )SEK Millions日付収益収益G+A経費研究開発費31 Mar 261,191586031 Dec 251,2091190030 Sep 251,230396030 Jun 251,22180101031 Mar 251,1728591031 Dec 241,1298386030 Sep 241,0879379030 Jun 241,0652867031 Mar 241,0983775031 Dec 231,1416175030 Sep 231,1808374030 Jun 231,1929274031 Mar 231,18210368031 Dec 221,14810364030 Sep 221,0879660030 Jun 221,0418258031 Mar 229856857031 Dec 219224557030 Sep 218722656030 Jun 218462452031 Mar 218311950031 Dec 208512351030 Sep 208692261030 Jun 208821968031 Mar 208701379031 Dec 198391182030 Sep 198041677030 Jun 197781878031 Mar 197592376031 Dec 187262375030 Sep 187113072030 Jun 186902970031 Mar 186542665031 Dec 176202461030 Sep 175801855030 Jun 175501950031 Mar 175262345031 Dec 164892342030 Sep 164552342030 Jun 164362240031 Mar 164022135031 Dec 1538319320質の高い収益: B3は 高品質の収益 を持っています。利益率の向上: B3の現在の純利益率 (0.5%)は、昨年(7.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: B3の収益は過去 5 年間で年間4.4%減少しました。成長の加速: B3は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: B3は過去 1 年間で収益成長率がマイナス ( -93.6% ) となったため、 IT業界平均 ( -7.3% ) と比較することが困難です。株主資本利益率高いROE: B3の 自己資本利益率 ( 3.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/20 13:58終値2026/05/20 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B3 Consulting Group AB (publ) 3 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。4 アナリスト機関null nullABG Sundal Colliernull nullABG Sundal Collier SponsoredVincent EdholmPareto Securities1 その他のアナリストを表示
Reported Earnings • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 86%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.
Reported Earnings • Feb 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jul 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 97%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
分析記事 • May 02Impressive Earnings May Not Tell The Whole Story For B3 Consulting Group (STO:B3)Despite announcing strong earnings, B3 Consulting Group AB (publ)'s ( STO:B3 ) stock was sluggish. We think that the...
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Price Target Changed • May 12Price target decreased by 69% to kr30.00Down from kr97.50, the current price target is provided by 1 analyst. New target price is 14% above last closing price of kr26.40. Stock is down 57% over the past year. The company is forecast to post earnings per share of kr2.92 for next year compared to kr1.20 last year.
Major Estimate Revision • May 08Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from kr1.21b to kr1.19b. EPS estimate also fell from kr4.93 per share to kr2.93 per share. Net income forecast to grow 490% next year vs 35% growth forecast for IT industry in Sweden. Consensus price target of kr92.50 unchanged from last update. Share price was steady at kr27.70 over the past week.
Reported Earnings • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: kr0.12 (down from kr0.72 in 1Q 2025). Revenue: kr305.5m (down 5.6% from 1Q 2025). Net income: kr1.10m (down 83% from 1Q 2025). Profit margin: 0.4% (down from 2.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 86%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 43% per year.
Price Target Changed • May 04Price target increased by 59% to kr155Up from kr97.50, the current price target is provided by 1 analyst. New target price is 454% above last closing price of kr28.00. Stock is down 55% over the past year. The company is forecast to post earnings per share of kr3.44 for next year compared to kr1.20 last year.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr28.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the IT industry in Sweden. Total loss to shareholders of 79% over the past three years.
お知らせ • Apr 12B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026B3 Consulting Group AB (publ), Annual General Meeting, May 13, 2026, at 14:00 W. Europe Standard Time. Location: company premises at wallingatan 2, 111 60, stockholm Sweden
Price Target Changed • Feb 23Price target decreased by 11% to kr97.50Down from kr110, the current price target is an average from 2 analysts. New target price is 178% above last closing price of kr35.10. Stock is down 48% over the past year. The company is forecast to post earnings per share of kr3.62 for next year compared to kr1.20 last year.
Reported Earnings • Feb 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: kr1.20 (down from kr9.57 in FY 2024). Revenue: kr1.21b (up 7.1% from FY 2024). Net income: kr10.9m (down 87% from FY 2024). Profit margin: 0.9% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 9.9%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Feb 04Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr1.52 to kr1.33 per share. Revenue forecast steady at kr1.24b. Net income forecast to grow 1,174% next year vs 18% growth forecast for IT industry in Sweden. Consensus price target of kr103 unchanged from last update. Share price fell 6.2% to kr39.25 over the past week.
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: kr0.29 loss per share (down from kr8.35 profit in 3Q 2024). Revenue: kr256.3m (up 4.4% from 3Q 2024). Net loss: kr2.70m (down 104% from profit in 3Q 2024). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions • Sep 05Business Area Manager for Digital recently bought kr51k worth of stockOn the 2nd of September, Anders Nilsson bought around 970 shares on-market at roughly kr52.70 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr219k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Aug 13Insider recently bought kr75k worth of stockOn the 11th of August, Fredrik Dolleus bought around 1k shares on-market at roughly kr53.59 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr93k. Insiders have collectively bought kr253k more in shares than they have sold in the last 12 months.
Major Estimate Revision • Aug 06Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from kr1.27b to kr1.30b. EPS estimate increased from kr2.22 to kr2.58 per share. Net income forecast to shrink 53% next year vs 18% growth forecast for IT industry in Sweden . Consensus price target of kr110 unchanged from last update. Share price was steady at kr52.00 over the past week.
Recent Insider Transactions • Jul 23President & CEO recently bought kr93k worth of stockOn the 16th of July, Martin Stenström bought around 2k shares on-market at roughly kr56.00 per share. This transaction amounted to 3.0% 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 Martin's only on-market trade for the last 12 months.
Recent Insider Transactions • Jul 18President & CEO recently bought kr93k worth of stockOn the 16th of July, Martin Stenström bought around 2k shares on-market at roughly kr56.00 per share. This transaction amounted to 3.0% 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 Martin's only on-market trade for the last 12 months.
分析記事 • Jul 18B3 Consulting Group AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowB3 Consulting Group AB (publ) ( STO:B3 ) just released its latest second-quarter report and things are not looking...
Reported Earnings • Jul 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: kr0.033 (down from kr0.61 in 2Q 2024). Revenue: kr315.6m (up 19% from 2Q 2024). Net income: kr300.0k (down 94% from 2Q 2024). Profit margin: 0.1% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 97%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Jul 16Price target decreased by 12% to kr110Down from kr126, the current price target is an average from 2 analysts. New target price is 96% above last closing price of kr56.00. Stock is down 34% over the past year. The company is forecast to post earnings per share of kr2.58 for next year compared to kr9.57 last year.
New Risk • Jul 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (kr544.0m market cap, or US$55.8m).
分析記事 • Jun 17There Is A Reason B3 Consulting Group AB (publ)'s (STO:B3) Price Is UndemandingWith a price-to-earnings (or "P/E") ratio of 7.1x B3 Consulting Group AB (publ) ( STO:B3 ) may be sending very bullish...
分析記事 • May 02Impressive Earnings May Not Tell The Whole Story For B3 Consulting Group (STO:B3)Despite announcing strong earnings, B3 Consulting Group AB (publ)'s ( STO:B3 ) stock was sluggish. We think that the...
分析記事 • Apr 26B3 Consulting Group AB (publ) (STO:B3) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearIt's shaping up to be a tough period for B3 Consulting Group AB (publ) ( STO:B3 ), which a week ago released some...
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: kr0.73 (up from kr0.64 in 1Q 2024). Revenue: kr324.0m (up 15% from 1Q 2024). Net income: kr6.60m (up 25% from 1Q 2024). Profit margin: 2.0% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr64.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the IT industry in Sweden. Total loss to shareholders of 42% over the past three years.
お知らせ • Apr 03B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025B3 Consulting Group AB (publ), Annual General Meeting, May 07, 2025, at 14:00 W. Europe Standard Time. Location: at wallingatan 2, 111 60 stockholm Sweden
Major Estimate Revision • Mar 28Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr7.04 to kr6.20 per share. Revenue forecast steady at kr1.39b. Net income forecast to shrink 33% next year vs 9.1% growth forecast for IT industry in Sweden . Consensus price target down from kr128 to kr124. Share price fell 2.4% to kr62.30 over the past week.
Reported Earnings • Feb 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: kr9.56 (up from kr7.12 in FY 2023). Revenue: kr1.13b (down 1.0% from FY 2023). Net income: kr83.3m (up 38% from FY 2023). Profit margin: 7.4% (up from 5.3% in FY 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 20B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million.B3 Consulting Group AB (publ) (OM:B3) signed an agreement to acquire 51% stake in Habberstad As for NOK 15.8 million on February 19, 2025. A cash consideration of NOK 15.8 million will be paid by B3 Consulting Group AB (publ). As part of consideration, NOK 15.8 million is paid towards common equity of Habberstad As. The company will remain intact with current management, branding and own internal functions. No cost initiatives will be taken. For the period ending December 31, 2024, Habberstad As reported total revenue of NOK 78.6 million and EBIT of NOK 5.6 million.
Major Estimate Revision • Dec 03Consensus EPS estimates increase by 63%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from kr6.80 to kr11.09. Revenue forecast steady at kr1.15b. Net income forecast to shrink 14% next year vs 14% growth forecast for IT industry in Sweden . Consensus price target of kr130 unchanged from last update. Share price was steady at kr76.20 over the past week.
New Risk • Dec 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr652.4m market cap, or US$59.5m).
Major Estimate Revision • Nov 26Consensus EPS estimates fall by 39%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from kr11.09 to kr6.80 per share. Revenue forecast steady at kr1.14b. Net income forecast to shrink 31% next year vs 14% growth forecast for IT industry in Sweden . Consensus price target of kr130 unchanged from last update. Share price was steady at kr75.80 over the past week.
Upcoming Dividend • Nov 06Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 13 November 2024. Payment date: 19 November 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Swedish dividend payers (4.6%). Higher than average of industry peers (2.3%).
分析記事 • Oct 31Solid Earnings May Not Tell The Whole Story For B3 Consulting Group (STO:B3)The recent earnings posted by B3 Consulting Group AB (publ) ( STO:B3 ) were solid, but the stock didn't move as much as...
Major Estimate Revision • Oct 30Consensus EPS estimates increase by 322%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from kr2.63 to kr11.10. Revenue forecast steady at kr1.15b. Net income forecast to shrink 14% next year vs 15% growth forecast for IT industry in Sweden . Consensus price target broadly unchanged at kr130. Share price rose 3.4% to kr79.00 over the past week.
New Risk • Oct 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (kr728.0m market cap, or US$68.5m).
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: kr8.65 (up from kr1.05 in 3Q 2023). Revenue: kr245.3m (up 9.9% from 3Q 2023). Net income: kr74.3m (up kr65.1m from 3Q 2023). Profit margin: 30% (up from 4.1% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
Major Estimate Revision • Oct 16Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from kr3.17 to kr2.63 per share. Revenue forecast steady at kr1.14b. Net income forecast to grow 83% next year vs 16% growth forecast for IT industry in Sweden. Consensus price target of kr132 unchanged from last update. Share price fell 4.1% to kr78.00 over the past week.
Major Estimate Revision • Sep 24Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr1.17b to kr1.15b. EPS estimate also fell from kr3.71 per share to kr3.17 per share. Net income forecast to grow 113% next year vs 19% growth forecast for IT industry in Sweden. Consensus price target of kr132 unchanged from last update. Share price was steady at kr86.90 over the past week.
Recent Insider Transactions • Aug 21Manager of Communications & IR recently bought kr86k worth of stockOn the 16th of August, Katarina Lundqvist bought around 1k shares on-market at roughly kr85.59 per share. This transaction amounted to 31% 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.
分析記事 • Aug 07B3 Consulting Group AB (publ) (STO:B3) Might Not Be As Mispriced As It LooksIt's not a stretch to say that B3 Consulting Group AB (publ)'s ( STO:B3 ) price-to-earnings (or "P/E") ratio of 23x...
Buy Or Sell Opportunity • Aug 07Now 22% undervaluedOver the last 90 days, the stock has risen 8.2% to kr76.70. The fair value is estimated to be kr98.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 242% in the next 2 years.
Major Estimate Revision • Jul 23Consensus EPS estimates fall by 24%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from kr1.15b to kr1.17b. EPS estimate fell from kr4.90 to kr3.71 per share. Net income forecast to grow 112% next year vs 24% growth forecast for IT industry in Sweden. Consensus price target up from kr122 to kr132. Share price rose 2.2% to kr85.30 over the past week.
分析記事 • Jul 19Earnings Miss: B3 Consulting Group AB (publ) Missed EPS By 39% And Analysts Are Revising Their ForecastsIt's been a good week for B3 Consulting Group AB (publ) ( STO:B3 ) shareholders, because the company has just released...
Price Target Changed • Jul 18Price target increased by 9.6% to kr132Up from kr120, the current price target is an average from 2 analysts. New target price is 55% above last closing price of kr85.00. Stock is down 15% over the past year. The company is forecast to post earnings per share of kr3.71 for next year compared to kr7.12 last year.
New Risk • Jul 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.7% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Dividend per share is over 18x cash flows per share. Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Market cap is less than US$100m (kr692.9m market cap, or US$65.8m).
お知らせ • Jul 10B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.Pareto Securities AB acted as Financial Advisor to Webstep AS. B3 Consulting Group AB (publ) (OM:B3) completed the acquisition of Webstep AB from Webstep AS on July 9, 2024.
お知らせ • May 25B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 51 million.B3 Consulting Group AB (publ) (OM:B3) agreed to acquire Webstep AB from Webstep AS for SEK 50.9 million on May 23, 2024. The consideration consists of SEK 25.49 million in cash and SEK 25.49 million in non-convertible debt. As part of the consideration, SEK 50.98 million was paid towards common equity. The transaction is subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to close in H2 2024.
分析記事 • Apr 26Is Now The Time To Look At Buying B3 Consulting Group AB (publ) (STO:B3)?B3 Consulting Group AB (publ) ( STO:B3 ), might not be a large cap stock, but it received a lot of attention from a...
Buy Or Sell Opportunity • Apr 25Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to kr68.60. The fair value is estimated to be kr93.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 165% in the next 2 years.
Price Target Changed • Apr 25Price target decreased by 13% to kr120Down from kr138, the current price target is an average from 2 analysts. New target price is 58% above last closing price of kr76.00. Stock is down 62% over the past year. The company is forecast to post earnings per share of kr7.72 for next year compared to kr7.12 last year.
Price Target Changed • Apr 09Price target decreased by 8.1% to kr130Down from kr142, the current price target is an average from 2 analysts. New target price is 51% above last closing price of kr86.20. Stock is down 57% over the past year. The company is forecast to post earnings per share of kr7.96 for next year compared to kr7.12 last year.
Recent Insider Transactions • Feb 23Manager of Communications & IR recently bought kr101k worth of stockOn the 16th of February, Katarina Lundqvist bought around 1k shares on-market at roughly kr84.15 per share. This transaction amounted to 59% 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 kr865k more in shares than they have sold in the last 12 months.
分析記事 • Feb 18B3 Consulting Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their ModelsB3 Consulting Group AB (publ) ( STO:B3 ) shareholders are probably feeling a little disappointed, since its shares fell...
Reported Earnings • Feb 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: kr7.12 (down from kr11.83 in FY 2022). Revenue: kr1.14b (flat on FY 2022). Net income: kr60.5m (down 42% from FY 2022). Profit margin: 5.3% (down from 9.0% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to kr78.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the IT industry in Sweden. Total returns to shareholders of 89% over the past three years.
分析記事 • Dec 29B3 Consulting Group AB (publ) (STO:B3) Surges 28% Yet Its Low P/E Is No Reason For ExcitementThe B3 Consulting Group AB (publ) ( STO:B3 ) share price has done very well over the last month, posting an excellent...
分析記事 • Dec 10Is Now An Opportune Moment To Examine B3 Consulting Group AB (publ) (STO:B3)?While B3 Consulting Group AB (publ) ( STO:B3 ) might not be the most widely known stock at the moment, it saw a...
Reported Earnings • Oct 27Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: kr1.05 (down from kr2.17 in 3Q 2022). Revenue: kr223.7m (down 5.1% from 3Q 2022). Net income: kr9.20m (down 51% from 3Q 2022). Profit margin: 4.1% (down from 7.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 05Price target decreased by 8.6% to kr160Down from kr175, the current price target is an average from 2 analysts. New target price is 85% above last closing price of kr86.50. Stock is down 34% over the past year. The company is forecast to post earnings per share of kr8.51 for next year compared to kr11.83 last year.
Major Estimate Revision • Jul 28Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr1.22b to kr1.18b. EPS estimate also fell from kr9.62 per share to kr8.27 per share. Net income forecast to shrink 8.6% next year vs 11% growth forecast for IT industry in Sweden . Consensus price target down from kr188 to kr175. Share price was steady at kr103 over the past week.
Reported Earnings • Jul 21Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: kr1.68 (down from kr2.97 in 2Q 2022). Revenue: kr299.8m (up 3.6% from 2Q 2022). Net income: kr14.4m (down 44% from 2Q 2022). Profit margin: 4.8% (down from 8.8% in 2Q 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 2.6%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 17Price target decreased by 13% to kr188Down from kr215, the current price target is an average from 2 analysts. New target price is 88% above last closing price of kr99.50. Stock is down 26% over the past year. The company is forecast to post earnings per share of kr9.62 for next year compared to kr11.83 last year.
分析記事 • Jul 13Why The 46% Return On Capital At B3 Consulting Group (STO:B3) Should Have Your AttentionFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Major Estimate Revision • Jul 10Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr1.25b to kr1.23b. EPS estimate also fell from kr12.91 per share to kr10.40 per share. Net income forecast to shrink 0.02% next year vs 12% growth forecast for IT industry in Sweden . Consensus price target of kr208 unchanged from last update. Share price fell 3.5% to kr114 over the past week.
New Risk • Jun 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: kr1.07b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (kr1.07b market cap, or US$99.3m).
Recent Insider Transactions • Jun 07Chairman recently bought kr643k worth of stockOn the 2nd of June, Sverre Bjerkeli bought around 5k shares on-market at roughly kr129 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. Sverre has been a buyer over the last 12 months, purchasing a net total of kr44m worth in shares.
Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to kr134, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the IT industry in Sweden. Total returns to shareholders of 334% over the past three years.
分析記事 • May 30An Intrinsic Calculation For B3 Consulting Group AB (publ) (STO:B3) Suggests It's 50% UndervaluedKey Insights The projected fair value for B3 Consulting Group is kr277 based on 2 Stage Free Cash Flow to Equity B3...
Reported Earnings • May 04First quarter 2023 earnings released: EPS: kr3.41 (vs kr3.38 in 1Q 2022)First quarter 2023 results: EPS: kr3.41. Revenue: kr325.2m (up 12% from 1Q 2022). Net income: kr28.9m (flat on 1Q 2022). Profit margin: 8.9% (down from 10.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Sweden.
Upcoming Dividend • May 04Upcoming dividend of kr8.00 per share at 5.8% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of Swedish dividend payers (5.1%). Higher than average of industry peers (2.1%).
分析記事 • Apr 29With EPS Growth And More, B3 Consulting Group (STO:B3) Makes An Interesting CaseFor 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 • Apr 28Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to kr157, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the IT industry in Sweden. Total returns to shareholders of 414% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr308 per share.
分析記事 • Feb 19B3 Consulting Group AB (publ) Just Beat EPS By 5.6%: Here's What Analysts Think Will Happen NextIt's been a good week for B3 Consulting Group AB (publ) ( STO:B3 ) shareholders, because the company has just released...
Reported Earnings • Feb 19Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: kr11.83 (up from kr5.32 in FY 2021). Revenue: kr1.15b (up 25% from FY 2021). Net income: kr103.3m (up 128% from FY 2021). Profit margin: 9.0% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth.
分析記事 • Dec 06B3 Consulting Group (STO:B3) Is Achieving High Returns On Its CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr179, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the IT industry in Sweden. Total returns to shareholders of 318% over the past three years.
Recent Insider Transactions • Dec 01Insider recently sold kr3.4m worth of stockOn the 23rd of November, Tommy Sarenbrant sold around 21k shares on-market at roughly kr164 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth kr11m. Despite this recent sale, insiders have collectively bought kr20m more than they sold in the last 12 months.
Major Estimate Revision • Nov 25Consensus EPS estimates increase by 134%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from kr1.05b to kr1.13b. EPS estimate increased from kr4.79 to kr11.22 per share. Net income forecast to grow 2.7% next year vs 8.3% growth forecast for IT industry in Sweden. Consensus price target of kr225 unchanged from last update. Share price fell 2.6% to kr153 over the past week.
分析記事 • Nov 24Party Time: One Broker Just Made Major Increases To Their B3 Consulting Group AB (publ) (STO:B3) Earnings ForecastCelebrations may be in order for B3 Consulting Group AB (publ) ( STO:B3 ) shareholders, with the covering analyst...
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr2.17 (vs kr0.57 in 3Q 2021)Third quarter 2022 results: EPS: kr2.17 (up from kr0.57 in 3Q 2021). Revenue: kr235.9m (up 25% from 3Q 2021). Net income: kr18.7m (up 282% from 3Q 2021). Profit margin: 7.9% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the IT 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 47% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 16Does B3 Consulting Group (STO:B3) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Reported Earnings • Jul 22Second quarter 2022 earnings released: EPS: kr2.97 (vs kr1.37 in 2Q 2021)Second quarter 2022 results: EPS: kr2.97 (up from kr1.37 in 2Q 2021). Revenue: kr289.7m (up 24% from 2Q 2021). Net income: kr25.5m (up 120% from 2Q 2021). Profit margin: 8.8% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.9%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to kr115, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the IT industry in Sweden. Total returns to shareholders of 85% over the past three years.
Board Change • May 20High number of new directorsIndependent Director Leif Frykman was the last director to join the board, commencing their role in 2022.
Recent Insider Transactions • May 04Insider recently sold kr3.1m worth of stockOn the 29th of April, Fredrik Blomgren sold around 24k shares on-market at roughly kr132 per share. In the last 3 months, there was an even bigger sale from another insider worth kr4.1m. Insiders have been net sellers, collectively disposing of kr11m more than they bought in the last 12 months.
Upcoming Dividend • May 02Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Swedish dividend payers (4.6%). Higher than average of industry peers (2.0%).
分析記事 • Apr 28B3 Consulting Group (STO:B3) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Apr 27First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: kr3.38 (up from kr0.71 in 1Q 2021). Revenue: kr292.4m (up 28% from 1Q 2021). Net income: kr29.0m (up 392% from 1Q 2021). Profit margin: 9.9% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 7.9%, compared to a 18% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 23Returns On Capital Signal Tricky Times Ahead For B3 Consulting Group (STO:B3)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Recent Insider Transactions • Feb 23Insider recently sold kr4.1m worth of stockOn the 21st of February, Tommy Sarenbrant sold around 42k shares on-market at roughly kr97.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr7.4m more than they bought in the last 12 months.
Reported Earnings • Feb 21Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: kr5.32 (up from kr2.89 in FY 2020). Revenue: kr921.9m (up 8.3% from FY 2020). Net income: kr45.3m (up 98% from FY 2020). Profit margin: 4.9% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 13%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.
分析記事 • Dec 01Is B3 Consulting Group (STO:B3) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS kr0.57 (vs kr0.45 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr189.0m (up 16% from 3Q 2020). Net income: kr4.90m (up 32% from 3Q 2020). Profit margin: 2.6% (up from 2.3% 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 6% per year whereas the company’s share price has fallen by 2% per year.