View ValuationFerronordic 향후 성장Future 기준 점검 4/6Ferronordic (는) 각각 연간 63% 및 7.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 62.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.9% 로 예상됩니다.핵심 정보63.0%이익 성장률62.83%EPS 성장률Trade Distributors 이익 성장13.5%매출 성장률7.3%향후 자기자본이익률8.92%애널리스트 커버리지Low마지막 업데이트13 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesRecent Insider Transactions • May 22Executive Chairman of the Board recently bought €182k worth of stockOn the 19th of May, Lars Corneliusson bought around 43k shares on-market at roughly €4.20 per share. This transaction amounted to 4.4% 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 Lars' only on-market trade for the last 12 months.공시 • May 15Ferronordic Appoints Fredrik Isberg as Board MemberFerronordic at its annual general meeting held on May 13, 2026 elected Fredrik Isberg as board member.공시 • Apr 02+ 2 more updatesFerronordic AB (publ) to Report First Half, 2026 Results on Aug 12, 2026Ferronordic AB (publ) announced that they will report first half, 2026 results on Aug 12, 2026공시 • Feb 13Ferronordic AB (publ), Annual General Meeting, May 13, 2026Ferronordic AB (publ), Annual General Meeting, May 13, 2026.공시 • Feb 12Ferronordic AB (publ) to Report Fiscal Year 2025 Final Results on Apr 02, 2026Ferronordic AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 02, 2026공시 • Jan 06Ferronordic AB (publ) to Report Q1, 2026 Results on May 13, 2026Ferronordic AB (publ) announced that they will report Q1, 2026 results on May 13, 2026공시 • Oct 30Ferronordic AB (publ) to Report Fiscal Year 2025 Results on Feb 12, 2026Ferronordic AB (publ) announced that they will report fiscal year 2025 results on Feb 12, 2026공시 • Oct 02Ferronordic AB (Publ) Announces Executive ChangesFerronordic AB (publ) announced that Nadezhda Semiletova, HR Director, and Anton Zheliapov, Trucks, Used and Rental Director, will leave the company's Executive Management and assume other roles in the Group. Nadezhda Semiletova will become Managing Director of Ferronordic's business in Kazakhstan and be responsible for driving the company's development and growth in that market. She continues to report to Ferronordic's CEO, Henrik Carlborg. Anton Zheliapov will focus entirely on the company's business in Germany, particularly on the rental and used business, as well as Ferronordic's initiatives related to sustainable transports. In his new role, he will report to the President of Ferronordic Germany. The changes will take effect as of 1 November 2025.공시 • May 16Ferronordic AB (Publ) Elects Peter Zonabend as Members of the BoardFerronordic AB (publ) at its AGM held on May 15, 2025, approved the Peter Zonabend were elected members of the Board for the period until the end of the next annual general meeting.공시 • Mar 26Ferronordic AB (publ), Annual General Meeting, May 15, 2025Ferronordic AB (publ), Annual General Meeting, May 15, 2025.공시 • Feb 06Ferronordic AB (publ) to Report First Half, 2025 Results on Aug 14, 2025Ferronordic AB (publ) announced that they will report first half, 2025 results on Aug 14, 2025공시 • Feb 05Ferronordic AB (publ) to Report Q3, 2025 Results on Nov 13, 2025Ferronordic AB (publ) announced that they will report Q3, 2025 results on Nov 13, 2025공시 • Jan 27Ferronordic AB (publ) to Report Fiscal Year 2024 Results on Feb 20, 2025Ferronordic AB (publ) announced that they will report fiscal year 2024 results on Feb 20, 2025Reported Earnings • Nov 16Third quarter 2024 earnings released: kr6.07 loss per share (vs kr6.12 loss in 3Q 2023)Third quarter 2024 results: kr6.07 loss per share (improved from kr6.12 loss in 3Q 2023). Revenue: kr1.14b (up 77% from 3Q 2023). Net loss: kr88.0m (loss narrowed 1.1% from 3Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe.공시 • Oct 02Ferronordic AB (publ) Announces Update on Dividend PolicyFerronordic AB (publ) announced that the Board has reviewed Ferronordic's dividend policy. According to the new policy, the ambition for the Company should be to pay at least 50% of net income if net debt/EBITDA is less than 1.0, post dividend payment, and to pay at least 25% if net debt/EBITDA is more than 1.0. The Board will take several factors into account when proposing the level of dividend including legal requirements, the articles of association, the group's expansion opportunities, its financial position and other investment needs.공시 • Sep 11+ 1 more updateFerronordic AB (publ) to Report Fiscal Year 2024 Results on Apr 11, 2025Ferronordic AB (publ) announced that they will report fiscal year 2024 results on Apr 11, 2025Reported Earnings • Aug 16Second quarter 2024 earnings released: kr5.56 loss per share (vs kr4.40 profit in 2Q 2023)Second quarter 2024 results: kr5.56 loss per share (down from kr4.40 profit in 2Q 2023). Revenue: kr1.10b (up 63% from 2Q 2023). Net loss: kr81.0m (down 227% from profit in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Europe.New Risk • Aug 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.5m (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: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€90.5m market cap, or US$99.3m).Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Aurore Belfrage was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • May 18Ferronordic AB (publ) Approves Omission of DividendFerronordic AB (publ) announced that at the AGM held on 16 May 2024 it was resolved not to pay dividend.Reported Earnings • May 17First quarter 2024 earnings released: EPS: kr4.83 (vs kr0.48 in 1Q 2023)First quarter 2024 results: EPS: kr4.83 (up from kr0.48 in 1Q 2023). Revenue: kr1.17b (up 86% from 1Q 2023). Net income: kr70.0m (up kr63.0m from 1Q 2023). Profit margin: 6.0% (up from 1.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Trade Distributors industry in Europe.공시 • Apr 18Ferronordic AB (publ) Announces Composition of Nomination CommitteeFerronordic AB (publ) at its annual general meeting to be held on 16 May 2024, announced The Nomination Committee for the AGM, consisting of Jörgen Olsson (chairman), representing Skandinavkonsult i Stockholm AB, Peter Zonabend, representing Per Arwidsson with associated companies, Anders Blomqvist, representing Lars Corneliusson with associated companies, and Lars Hagerud, representing AltoCumulus, proposes Staffan Jufors as chairman of the meeting.New Risk • Apr 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€86.0m market cap, or US$91.4m).Reported Earnings • Feb 23Full year 2023 earnings released: kr7.39 loss per share (vs kr13.56 profit in FY 2022)Full year 2023 results: kr7.39 loss per share (down from kr13.56 profit in FY 2022). Revenue: kr2.86b (up 45% from FY 2022). Net loss: kr107.0m (down 154% from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Europe.New Risk • Feb 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 248% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€88.6m market cap, or US$96.0m).공시 • Feb 22+ 1 more updateFerronordic AB (publ) to Report Q2, 2024 Results on Aug 15, 2024Ferronordic AB (publ) announced that they will report Q2, 2024 results on Aug 15, 2024Recent Insider Transactions • Jan 15Insider recently sold €51k worth of stockOn the 10th of January, Dan Eliasson sold around 8k shares on-market at roughly €6.42 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €174k. Despite this recent sale, insiders have collectively bought €520k more than they sold in the last 12 months.Recent Insider Transactions • Dec 29Group CFO & Head of Investor Relations recently sold €174k worth of stockOn the 21st of December, Erik Danemar sold around 27k shares on-market at roughly €6.49 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Erik has been a net seller over the last 12 months, reducing personal holdings by €130k.공시 • Dec 21+ 1 more updateFerronordic AB (publ) to Report Q1, 2024 Results on May 16, 2024Ferronordic AB (publ) announced that they will report Q1, 2024 results on May 16, 2024공시 • Dec 01Ferronordic AB (publ) (OM:FNM) completed the acquisition of Rudd Equipment Company, Inc. for $95 million.Ferronordic AB (publ) (OM:FNM) entered into an agreement to acquire Rudd Equipment Company, Inc. for $95 million on November 13, 2023. The purchase price amounts to $95 million, corresponding to 5.8 x 2022 IFRS-adjusted earnings before tax. Based on the expected net debt at closing, the expected enterprise value amounts to $113 million. Ferronordic will also acquire two real properties in Cincinnati and Louisville, currently rented by Rudd from its owner. The price for the properties is $10 million. The total price for the stock in Rudd and the two properties amounts to $105 million. Out of this amount, $60 million will be financed with own cash/equity and $45 million with new bank debt. Ferronordic has received a commitment letter from Nordea for a three-year $45 million term loan facility for the acquisition, as well as a $35 million working capital facility. After closing, Rudd will be a wholly owned subsidiary of Ferronordic AB and will be integrated into Ferronordic’s general corporate governance and internal controls. In 2022, Rudd had sales of $308.3 million with an operating income of $16.5 million and earnings before tax of $16.4 million (both adjusted to IFRS). All consents and approvals for the transaction have been obtained, including the approval of Volvo CE. Thus, all conditions for the transaction have been satisfied. The transaction will be completed on 30 November 2023. The transaction is not expected to have any direct impact on Ferronordic’s business in Germany and Kazakhstan. Ferronordic AB (publ) (OM:FNM) completed the acquisition of Rudd Equipment Company, Inc. on November 30, 2023.Recent Insider Transactions • Nov 24President recently bought €430k worth of stockOn the 21st of November, Lars Corneliusson bought around 67k shares on-market at roughly €6.42 per share. This transaction amounted to 7.2% 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 Lars' only on-market trade for the last 12 months.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: kr6.16 loss per share. Revenue: kr643.0m (down 56% from 3Q 2022). Net loss: kr89.0m (down 124% from profit in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Trade Distributors industry in Europe.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €7.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Trade Distributors industry in Europe.공시 • Sep 20Ferronordic AB (publ), Annual General Meeting, May 16, 2024Ferronordic AB (publ), Annual General Meeting, May 16, 2024.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: kr4.40 (vs kr6.68 loss in 2Q 2022)Second quarter 2023 results: EPS: kr4.40 (up from kr6.68 loss in 2Q 2022). Revenue: kr674.0m (up 68% from 2Q 2022). Net income: kr64.0m (up kr161.0m from 2Q 2022). Profit margin: 9.5% (up from net loss in 2Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe.공시 • Jun 14+ 1 more updateFerronordic AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024Ferronordic AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2024Recent Insider Transactions • Jun 13Independent Director recently bought €316k worth of stockOn the 9th of June, Hakan Eriksson bought around 50k shares on-market at roughly €6.33 per share. This transaction amounted to 2.2% 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 €370k more in shares than they have sold in the last 12 months.New Risk • Jun 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.0m (US$97.7m) 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: Major Risks Earnings are forecast to decline by an average of 47% per year for the foreseeable future. High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (€91.0m market cap, or US$97.7m).Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €7.34, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 14x in the Trade Distributors industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €5.74 per share.공시 • May 12Ferronordic AB (Publ) Approves Dividend, Payable Around 19 May 2023Ferronordic AB (publ) at the AGM, the shareholders approved to pay a dividend of SEK 7.50 per share. The record date for receiving the dividend is 15 May 2023. Payment will take place around 19 May 2023.공시 • Feb 17Ferronordic AB (publ) to Report Q2, 2023 Results on Aug 17, 2023Ferronordic AB (publ) announced that they will report Q2, 2023 results on Aug 17, 2023이익 및 매출 성장 예측DB:AA4 - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20285,478157496589212/31/20275,164124401499212/31/20264,7738119427123/31/20264,488-17293369N/A12/31/20254,566-199626701N/A9/30/20254,543-204680261N/A6/30/20254,653-279721393N/A3/31/20254,754-309557401N/A12/31/20244,880-89275340N/A9/30/20244,446-187419968N/A6/30/20243,919-189-25453N/A3/31/20243,478-44-151223N/A12/31/20232,863-107-176-27N/A9/30/20232,65330-401-222N/A6/30/20232,422382-78106N/A3/31/20232,149221-159105N/A12/31/20221,973183-137215N/A9/30/2022-1,738-226-199182N/A6/30/2022-489-379-157269N/A3/31/2022699-19625350N/A12/31/20211,511-109209457N/A9/30/20215,702296531717N/A6/30/20215,170268386491N/A3/31/20214,784258607683N/A12/31/20204,635222631693N/A9/30/20204,410234388517N/A6/30/20204,245228367511N/A3/31/20204,142225-266-114N/A12/31/20193,747251N/A-330N/A9/30/20193,806257N/A-321N/A6/30/20193,633244N/A-312N/A3/31/20193,350210N/A58N/A12/31/20183,241192N/A150N/A9/30/20182,828135N/A5N/A6/30/20182,663102N/A-1N/A3/31/20182,63099N/A88N/A12/31/20172,56787N/A148N/A9/30/20172,49982N/A403N/A6/30/20172,27974N/A201N/A3/31/20171,89944N/A135N/A12/31/20161,65830N/A141N/A9/30/20161,521-13N/A93N/A6/30/20161,488-16N/A380N/A3/31/20161,526-8N/A248N/A12/31/20151,469-21N/A234N/A9/30/20151,664-24N/A281N/A6/30/20151,907-41N/A5N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: AA4 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: AA4 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: AA4 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: AA4 의 수익(연간 7.3%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: AA4 의 수익(연간 7.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: AA4의 자본 수익률은 3년 후 8.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 18:10종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Ferronordic AB (publ)는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierOfelia AspemyrABG Sundal Collier Sponsorednull nullABG Sundal Collier Sponsored2명의 분석가 더 보기
Recent Insider Transactions • May 22Executive Chairman of the Board recently bought €182k worth of stockOn the 19th of May, Lars Corneliusson bought around 43k shares on-market at roughly €4.20 per share. This transaction amounted to 4.4% 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 Lars' only on-market trade for the last 12 months.
공시 • May 15Ferronordic Appoints Fredrik Isberg as Board MemberFerronordic at its annual general meeting held on May 13, 2026 elected Fredrik Isberg as board member.
공시 • Apr 02+ 2 more updatesFerronordic AB (publ) to Report First Half, 2026 Results on Aug 12, 2026Ferronordic AB (publ) announced that they will report first half, 2026 results on Aug 12, 2026
공시 • Feb 13Ferronordic AB (publ), Annual General Meeting, May 13, 2026Ferronordic AB (publ), Annual General Meeting, May 13, 2026.
공시 • Feb 12Ferronordic AB (publ) to Report Fiscal Year 2025 Final Results on Apr 02, 2026Ferronordic AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 02, 2026
공시 • Jan 06Ferronordic AB (publ) to Report Q1, 2026 Results on May 13, 2026Ferronordic AB (publ) announced that they will report Q1, 2026 results on May 13, 2026
공시 • Oct 30Ferronordic AB (publ) to Report Fiscal Year 2025 Results on Feb 12, 2026Ferronordic AB (publ) announced that they will report fiscal year 2025 results on Feb 12, 2026
공시 • Oct 02Ferronordic AB (Publ) Announces Executive ChangesFerronordic AB (publ) announced that Nadezhda Semiletova, HR Director, and Anton Zheliapov, Trucks, Used and Rental Director, will leave the company's Executive Management and assume other roles in the Group. Nadezhda Semiletova will become Managing Director of Ferronordic's business in Kazakhstan and be responsible for driving the company's development and growth in that market. She continues to report to Ferronordic's CEO, Henrik Carlborg. Anton Zheliapov will focus entirely on the company's business in Germany, particularly on the rental and used business, as well as Ferronordic's initiatives related to sustainable transports. In his new role, he will report to the President of Ferronordic Germany. The changes will take effect as of 1 November 2025.
공시 • May 16Ferronordic AB (Publ) Elects Peter Zonabend as Members of the BoardFerronordic AB (publ) at its AGM held on May 15, 2025, approved the Peter Zonabend were elected members of the Board for the period until the end of the next annual general meeting.
공시 • Mar 26Ferronordic AB (publ), Annual General Meeting, May 15, 2025Ferronordic AB (publ), Annual General Meeting, May 15, 2025.
공시 • Feb 06Ferronordic AB (publ) to Report First Half, 2025 Results on Aug 14, 2025Ferronordic AB (publ) announced that they will report first half, 2025 results on Aug 14, 2025
공시 • Feb 05Ferronordic AB (publ) to Report Q3, 2025 Results on Nov 13, 2025Ferronordic AB (publ) announced that they will report Q3, 2025 results on Nov 13, 2025
공시 • Jan 27Ferronordic AB (publ) to Report Fiscal Year 2024 Results on Feb 20, 2025Ferronordic AB (publ) announced that they will report fiscal year 2024 results on Feb 20, 2025
Reported Earnings • Nov 16Third quarter 2024 earnings released: kr6.07 loss per share (vs kr6.12 loss in 3Q 2023)Third quarter 2024 results: kr6.07 loss per share (improved from kr6.12 loss in 3Q 2023). Revenue: kr1.14b (up 77% from 3Q 2023). Net loss: kr88.0m (loss narrowed 1.1% from 3Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe.
공시 • Oct 02Ferronordic AB (publ) Announces Update on Dividend PolicyFerronordic AB (publ) announced that the Board has reviewed Ferronordic's dividend policy. According to the new policy, the ambition for the Company should be to pay at least 50% of net income if net debt/EBITDA is less than 1.0, post dividend payment, and to pay at least 25% if net debt/EBITDA is more than 1.0. The Board will take several factors into account when proposing the level of dividend including legal requirements, the articles of association, the group's expansion opportunities, its financial position and other investment needs.
공시 • Sep 11+ 1 more updateFerronordic AB (publ) to Report Fiscal Year 2024 Results on Apr 11, 2025Ferronordic AB (publ) announced that they will report fiscal year 2024 results on Apr 11, 2025
Reported Earnings • Aug 16Second quarter 2024 earnings released: kr5.56 loss per share (vs kr4.40 profit in 2Q 2023)Second quarter 2024 results: kr5.56 loss per share (down from kr4.40 profit in 2Q 2023). Revenue: kr1.10b (up 63% from 2Q 2023). Net loss: kr81.0m (down 227% from profit in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Europe.
New Risk • Aug 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.5m (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: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€90.5m market cap, or US$99.3m).
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Aurore Belfrage was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • May 18Ferronordic AB (publ) Approves Omission of DividendFerronordic AB (publ) announced that at the AGM held on 16 May 2024 it was resolved not to pay dividend.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: kr4.83 (vs kr0.48 in 1Q 2023)First quarter 2024 results: EPS: kr4.83 (up from kr0.48 in 1Q 2023). Revenue: kr1.17b (up 86% from 1Q 2023). Net income: kr70.0m (up kr63.0m from 1Q 2023). Profit margin: 6.0% (up from 1.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Trade Distributors industry in Europe.
공시 • Apr 18Ferronordic AB (publ) Announces Composition of Nomination CommitteeFerronordic AB (publ) at its annual general meeting to be held on 16 May 2024, announced The Nomination Committee for the AGM, consisting of Jörgen Olsson (chairman), representing Skandinavkonsult i Stockholm AB, Peter Zonabend, representing Per Arwidsson with associated companies, Anders Blomqvist, representing Lars Corneliusson with associated companies, and Lars Hagerud, representing AltoCumulus, proposes Staffan Jufors as chairman of the meeting.
New Risk • Apr 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€86.0m market cap, or US$91.4m).
Reported Earnings • Feb 23Full year 2023 earnings released: kr7.39 loss per share (vs kr13.56 profit in FY 2022)Full year 2023 results: kr7.39 loss per share (down from kr13.56 profit in FY 2022). Revenue: kr2.86b (up 45% from FY 2022). Net loss: kr107.0m (down 154% from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Europe.
New Risk • Feb 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 248% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€88.6m market cap, or US$96.0m).
공시 • Feb 22+ 1 more updateFerronordic AB (publ) to Report Q2, 2024 Results on Aug 15, 2024Ferronordic AB (publ) announced that they will report Q2, 2024 results on Aug 15, 2024
Recent Insider Transactions • Jan 15Insider recently sold €51k worth of stockOn the 10th of January, Dan Eliasson sold around 8k shares on-market at roughly €6.42 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €174k. Despite this recent sale, insiders have collectively bought €520k more than they sold in the last 12 months.
Recent Insider Transactions • Dec 29Group CFO & Head of Investor Relations recently sold €174k worth of stockOn the 21st of December, Erik Danemar sold around 27k shares on-market at roughly €6.49 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Erik has been a net seller over the last 12 months, reducing personal holdings by €130k.
공시 • Dec 21+ 1 more updateFerronordic AB (publ) to Report Q1, 2024 Results on May 16, 2024Ferronordic AB (publ) announced that they will report Q1, 2024 results on May 16, 2024
공시 • Dec 01Ferronordic AB (publ) (OM:FNM) completed the acquisition of Rudd Equipment Company, Inc. for $95 million.Ferronordic AB (publ) (OM:FNM) entered into an agreement to acquire Rudd Equipment Company, Inc. for $95 million on November 13, 2023. The purchase price amounts to $95 million, corresponding to 5.8 x 2022 IFRS-adjusted earnings before tax. Based on the expected net debt at closing, the expected enterprise value amounts to $113 million. Ferronordic will also acquire two real properties in Cincinnati and Louisville, currently rented by Rudd from its owner. The price for the properties is $10 million. The total price for the stock in Rudd and the two properties amounts to $105 million. Out of this amount, $60 million will be financed with own cash/equity and $45 million with new bank debt. Ferronordic has received a commitment letter from Nordea for a three-year $45 million term loan facility for the acquisition, as well as a $35 million working capital facility. After closing, Rudd will be a wholly owned subsidiary of Ferronordic AB and will be integrated into Ferronordic’s general corporate governance and internal controls. In 2022, Rudd had sales of $308.3 million with an operating income of $16.5 million and earnings before tax of $16.4 million (both adjusted to IFRS). All consents and approvals for the transaction have been obtained, including the approval of Volvo CE. Thus, all conditions for the transaction have been satisfied. The transaction will be completed on 30 November 2023. The transaction is not expected to have any direct impact on Ferronordic’s business in Germany and Kazakhstan. Ferronordic AB (publ) (OM:FNM) completed the acquisition of Rudd Equipment Company, Inc. on November 30, 2023.
Recent Insider Transactions • Nov 24President recently bought €430k worth of stockOn the 21st of November, Lars Corneliusson bought around 67k shares on-market at roughly €6.42 per share. This transaction amounted to 7.2% 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 Lars' only on-market trade for the last 12 months.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: kr6.16 loss per share. Revenue: kr643.0m (down 56% from 3Q 2022). Net loss: kr89.0m (down 124% from profit in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Trade Distributors industry in Europe.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €7.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 15x in the Trade Distributors industry in Europe.
공시 • Sep 20Ferronordic AB (publ), Annual General Meeting, May 16, 2024Ferronordic AB (publ), Annual General Meeting, May 16, 2024.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: kr4.40 (vs kr6.68 loss in 2Q 2022)Second quarter 2023 results: EPS: kr4.40 (up from kr6.68 loss in 2Q 2022). Revenue: kr674.0m (up 68% from 2Q 2022). Net income: kr64.0m (up kr161.0m from 2Q 2022). Profit margin: 9.5% (up from net loss in 2Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe.
공시 • Jun 14+ 1 more updateFerronordic AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024Ferronordic AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2024
Recent Insider Transactions • Jun 13Independent Director recently bought €316k worth of stockOn the 9th of June, Hakan Eriksson bought around 50k shares on-market at roughly €6.33 per share. This transaction amounted to 2.2% 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 €370k more in shares than they have sold in the last 12 months.
New Risk • Jun 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.0m (US$97.7m) 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: Major Risks Earnings are forecast to decline by an average of 47% per year for the foreseeable future. High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (€91.0m market cap, or US$97.7m).
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €7.34, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 14x in the Trade Distributors industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €5.74 per share.
공시 • May 12Ferronordic AB (Publ) Approves Dividend, Payable Around 19 May 2023Ferronordic AB (publ) at the AGM, the shareholders approved to pay a dividend of SEK 7.50 per share. The record date for receiving the dividend is 15 May 2023. Payment will take place around 19 May 2023.
공시 • Feb 17Ferronordic AB (publ) to Report Q2, 2023 Results on Aug 17, 2023Ferronordic AB (publ) announced that they will report Q2, 2023 results on Aug 17, 2023