DB:D00

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Executive Summary

Dometic Group AB (publ) provides solutions for mobile living in the areas of food and beverage, climate, power and control, and other applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Dometic Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: D00's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.3%

D00

10.6%

DE Auto Components

6.8%

DE Market


1 Year Return

-2.8%

D00

-14.8%

DE Auto Components

5.6%

DE Market

Return vs Industry: D00 exceeded the German Auto Components industry which returned -19.5% over the past year.

Return vs Market: D00 underperformed the German Market which returned 4.4% over the past year.


Shareholder returns

D00IndustryMarket
7 Day6.3%10.6%6.8%
30 Day24.9%23.2%14.0%
90 Day18.2%11.3%7.5%
1 Year-2.8%-2.8%-13.3%-14.8%7.4%5.6%
3 Year19.8%13.4%-44.0%-48.1%0.3%-7.3%
5 Yearn/a-45.1%-50.3%12.4%-2.0%

Price Volatility Vs. Market

How volatile is Dometic Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dometic Group undervalued compared to its fair value and its price relative to the market?

21.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: D00 (€8.07) is trading above our estimate of fair value (€6.78)

Significantly Below Fair Value: D00 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: D00 is poor value based on its PE Ratio (21.1x) compared to the Auto Components industry average (14.5x).

PE vs Market: D00 is poor value based on its PE Ratio (21.1x) compared to the German market (20.1x).


Price to Earnings Growth Ratio

PEG Ratio: D00 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: D00 is overvalued based on its PB Ratio (1.4x) compared to the DE Auto Components industry average (0.8x).


Next Steps

Future Growth

How is Dometic Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

37.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: D00's forecast earnings growth (37.2% per year) is above the savings rate (0.2%).

Earnings vs Market: D00's earnings (37.2% per year) are forecast to grow faster than the German market (22.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: D00's revenue (4.6% per year) is forecast to grow slower than the German market (5.7% per year).

High Growth Revenue: D00's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: D00's Return on Equity is forecast to be low in 3 years time (7.9%).


Next Steps

Past Performance

How has Dometic Group performed over the past 5 years?

20.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: D00 has high quality earnings.

Growing Profit Margin: D00's current net profit margins (6.6%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: D00 has become profitable over the past 5 years, growing earnings by 20% per year.

Accelerating Growth: D00's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: D00 had negative earnings growth (-23.3%) over the past year, making it difficult to compare to the Auto Components industry average (-24.5%).


Return on Equity

High ROE: D00's Return on Equity (6.6%) is considered low.


Next Steps

Financial Health

How is Dometic Group's financial position?


Financial Position Analysis

Short Term Liabilities: D00's short term assets (SEK10.9B) exceed its short term liabilities (SEK5.1B).

Long Term Liabilities: D00's short term assets (SEK10.9B) do not cover its long term liabilities (SEK15.8B).


Debt to Equity History and Analysis

Debt Level: D00's debt to equity ratio (72.6%) is considered high.

Reducing Debt: D00's debt to equity ratio has reduced from 140.3% to 72.6% over the past 5 years.

Debt Coverage: D00's debt is well covered by operating cash flow (27.7%).

Interest Coverage: D00's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Dometic Group's current dividend yield, its reliability and sustainability?

2.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: D00's dividend (2.6%) is higher than the bottom 25% of dividend payers in the German market (1.27%).

High Dividend: D00's dividend (2.6%) is low compared to the top 25% of dividend payers in the German market (3.75%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, D00 has been paying a dividend for less than 10 years.

Growing Dividend: D00's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.9%), D00's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: D00's dividends in 3 years are forecast to be well covered by earnings (36.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Juan Vargues (60yo)

2.42yrs

Tenure

Mr. Juan Vargues has been the Chief Executive Officer and President at Dometic Group AB since January 8, 2018. Mr. Vargues served as Chief Executive Officer at Cardo AB since April 5, 2011. He serves as an ...


Leadership Team

NamePositionTenureCompensationOwnership
Juan Vargues
President & CEO2.42yrsno data0.25% SEK6.0m
Stefan Fristedt
CFO & Executive VP0.67yrno datano data
Eva Karlsson
Executive VP & Head of Group Operations1.58yrsno data0.0030% SEK71.9k
Anton Lundqvist
Chief Technology Officer2.33yrsno data0.013% SEK319.7k
Johan Lundin
Head of Investor Relations & Communicationsno datano datano data
Anna Smieszek
Executive VP & Group General Counsel5.42yrsno data0.00085% SEK20.5k
Peter Kjellberg
Chief Marketing Officer5.42yrsno data0.037% SEK898.9k
Silke Ernst
Executive VP & Head of Group HR2.25yrsno datano data
Håkan Söderström
President of Leisure Techno datano datano data
Reimund Spies
President of Domestic Germanyno datano datano data

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: D00's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ulf Cappelen
Independent Chairman7.42yrskr950.00k0.31% SEK7.5m
Magnus Yngen
Independent Director9.42yrskr540.00k0.094% SEK2.3m
Erik Olsson
Independent Director4.83yrskr520.00k0.0041% SEK97.9k
Jacqueline Hoogerbrugge
Independent Director3.42yrskr485.00k0.0034% SEK81.5k
Rainer Schmückle
Independent Director9.42yrskr470.00k0.027% SEK643.4k
Peter Olof Sjolander
Independent Director3.42yrskr420.00kno data
Helene Vibbleus
Independent Director3.42yrskr485.00k0.00085% SEK20.5k

4.8yrs

Average Tenure

60yo

Average Age

Experienced Board: D00's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: D00 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dometic Group AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dometic Group AB (publ)
  • Ticker: D00
  • Exchange: DB
  • Founded: 1922
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: kr25.004b
  • Listing Market Cap: kr2.413b
  • Shares outstanding: 295.83m
  • Website: https://www.dometic.com

Number of Employees


Location

  • Dometic Group AB (publ)
  • HemvAernsgatan 15
  • Solna
  • Stockholm County
  • 171 54
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOMOM (OMX Nordic Exchange Stockholm)YesRegistered SharesSESEKNov 2015
D00DB (Deutsche Boerse AG)YesRegistered SharesDEEURNov 2015
DOMSBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBSEKNov 2015
0RCOLSE (London Stock Exchange)YesRegistered SharesGBSEKNov 2015
DTCG.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDNov 2015

Biography

Dometic Group AB (publ) provides solutions for mobile living in the areas of food and beverage, climate, power and control, and other applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers climate control products, such as air conditioners, awnings, blinds, windows and doors, ventilation products, furnaces, coolant heaters, tents, and workshop equipment; food and beverage products, including refrigerators, mini fridges, coolers, ice makers, cooktops, stoves, sinks, and mobile delivery solutions; and power and control products comprising marine steering systems, displays, protap controllers, jackplates, trip tabs, batteries, controls and panels, monitors, and energy solutions. It also provides safety and security products comprising safety doors, alarms, safes, and gas detectors, as well as driving support accessories; and hygiene and sanitation products, such as toilets, holding tanks, pumps, water makers, vacuum cleaners, chemicals and consumables, and water heaters, as well as related accessories. In addition, the company offers vessel controls, and fuel and system integration systems to the marine industry; and marine blinds and soft furnishings. Dometic Group AB (publ) provides its products for use in recreational vehicles, pleasure boats, workboats, trucks, cars, and others. The company was founded in 1922 and is headquartered in Solna, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 00:14
End of Day Share Price2020/06/05 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.