Board Change • Jun 01
Insufficient new directors No 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 President of the board Ann-Marie Astrom was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 10
Concejo AB (publ), Annual General Meeting, May 13, 2025 Concejo AB (publ), Annual General Meeting, May 13, 2025. Location: clarion collection hotel tapetfabriken, marcusplatsen 9,131 54, nacka Kazakhstan Recent Insider Transactions • Oct 04
Director recently bought €59k worth of stock On the 2nd of October, Richard Bergengren bought around 15k shares on-market at roughly €3.96 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €132k. Insiders have collectively bought €578k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 02
Director recently bought €63k worth of stock On the 30th of August, Richard Bergengren bought around 15k shares on-market at roughly €4.21 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €132k. Insiders have collectively bought €394k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 28
Second quarter 2024 earnings released: kr0.48 loss per share (vs kr0.73 profit in 2Q 2023) Second quarter 2024 results: kr0.48 loss per share (down from kr0.73 profit in 2Q 2023). Revenue: kr128.9m (down 1.2% from 2Q 2023). Net loss: kr5.60m (down 166% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €4.38, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 16x in the Machinery industry in Germany. Total loss to shareholders of 32% over the past three years. Recent Insider Transactions • Jul 26
Director recently bought €132k worth of stock On the 24th of July, Richard Bergengren bought around 31k shares on-market at roughly €4.24 per share. This transaction amounted to 45% 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 €339k more in shares than they have sold in the last 12 months. New Risk • Jul 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€50.8m market cap, or US$55.1m). New Risk • Jun 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€47.0m market cap, or US$50.5m). Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €4.18, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 17x in the Machinery industry in Germany. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €3.63, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Machinery industry in Germany. Total loss to shareholders of 50% over the past three years. Reported Earnings • May 14
First quarter 2024 earnings released: kr1.00 loss per share (vs kr1.73 loss in 1Q 2023) First quarter 2024 results: kr1.00 loss per share (improved from kr1.73 loss in 1Q 2023). Revenue: kr137.2m (up 25% from 1Q 2023). Net loss: kr11.7m (loss narrowed 42% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 07
Upcoming dividend of kr3.00 per share Eligible shareholders must have bought the stock before 14 May 2024. Payment date: 20 May 2024. The company last paid an ordinary dividend in February 2014. The average dividend yield among industry peers is 3.4%. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €4.89, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 16x in the Machinery industry in Germany. Total loss to shareholders of 38% over the past three years. Recent Insider Transactions • Apr 14
Director recently bought €67k worth of stock On the 10th of April, Rickard Bergengren bought around 18k shares on-market at roughly €3.74 per share. This transaction amounted to 39% 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 €204k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €4.04, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 16x in the Machinery industry in Germany. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.57, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 14x in the Machinery industry in Germany. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €3.10, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 13x in the Machinery industry in Germany. Total loss to shareholders of 46% over the past three years. Recent Insider Transactions • Feb 28
Director recently bought €64k worth of stock On the 26th of February, Rickard Bergengren bought around 20k shares on-market at roughly €3.18 per share. This transaction increased Rickard's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €116k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: kr1.39 (vs kr16.19 loss in FY 2022) Full year 2023 results: EPS: kr1.39 (up from kr16.19 loss in FY 2022). Revenue: kr535.2m (up 44% from FY 2022). Net income: kr16.3m (up kr205.7m from FY 2022). Profit margin: 3.0% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr137.4m (up 61% from 3Q 2022). Net loss: kr2.80m (loss narrowed 80% from 3Q 2022). Revenue is expected to decline by 3.8% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 3.4%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 03
Second quarter 2023 earnings released: EPS: kr0.73 (vs kr2.89 loss in 2Q 2022) Second quarter 2023 results: EPS: kr0.73 (up from kr2.89 loss in 2Q 2022). Revenue: kr130.5m (up 49% from 2Q 2022). Net income: kr8.50m (up kr42.3m from 2Q 2022). Profit margin: 6.5% (up from net loss in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Jul 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (€34.6m market cap, or US$37.9m). Reported Earnings • May 26
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr110.0m (up 73% from 1Q 2022). Net loss: kr20.2m (loss narrowed 86% from 1Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.3%. The fair value is estimated to be €3.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 36%. Reported Earnings • Feb 24
Full year 2022 earnings released Full year 2022 results: Revenue: kr371.7m (up 42% from FY 2021). Net loss: kr189.4m (loss widened kr167.5m from FY 2021). Revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Machinery industry in Germany are expected to grow by 4.3%. Buying Opportunity • Jan 17
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €3.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 48%. Revenue is forecast to grow by 9.8% in a year. Earnings is forecast to grow by 73% in the next year. Reported Earnings • Dec 01
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr85.4m (up 24% from 3Q 2021). Net loss: kr14.0m (loss narrowed 89% from 3Q 2021). Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 4.2%. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jonas Rydell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr87.7m (up 12% from 2Q 2021). Net loss: kr33.8m (down 265% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 11% compared to a 8.8% growth forecast for the Machinery industry in Germany. Reported Earnings • May 26
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr63.7m (up 29% from 1Q 2021). Net loss: kr141.0m (down kr159.3m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 3.2%, compared to a 19% growth forecast for the industry in Germany. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jonas Rydell was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: kr261.2m (up 2.2% from FY 2020). Net loss: kr14.6m (loss narrowed 92% from FY 2020). Revenue exceeded analyst estimates by 9.7%. Over the next year, revenue is forecast to stay flat compared to a 23% growth forecast for the industry in Germany. Reported Earnings • Dec 02
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: kr68.8m (down 20% from 3Q 2020). Net loss: kr127.3m (loss widened kr115.4m from 3Q 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 36%, compared to a 28% growth forecast for the industry in Germany. Breakeven Date Change • Sep 15
Forecast to breakeven in 2021 The analyst covering Concejo expects the company to break even for the first time. New forecast suggests the company will make a profit of kr24.0m in 2021. Earnings growth of 57% is required to achieve expected profit on schedule. Breakeven Date Change • Sep 09
Forecast to breakeven in 2021 The analyst covering Concejo expects the company to break even for the first time. New forecast suggests the company will make a profit of kr24.0m in 2021. Earnings growth of 57% is required to achieve expected profit on schedule. Reported Earnings • Sep 03
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr78.1m (up 4.6% from 2Q 2020). Net income: kr24.3m (up kr98.2m from 2Q 2020). Profit margin: 31% (up from net loss in 2Q 2020). Breakeven Date Change • Jul 27
Forecast breakeven pushed back to 2022 The analyst covering Concejo previously expected the company to break even in 2021. New forecast suggests losses will reduce by 94% to 2021. The company is expected to make a profit of kr15.0m in 2022. Average annual earnings growth of 112% is required to achieve expected profit on schedule. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Thomasine Rosenblad was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Jun 03
Forecast breakeven pushed back to 2022 The analyst covering Concejo previously expected the company to break even in 2021. New forecast suggests losses will reduce by 94% to 2021. The company is expected to make a profit of kr15.0m in 2022. Average annual earnings growth of 112% is required to achieve expected profit on schedule. Reported Earnings • Jun 03
First quarter 2021 earnings released: EPS kr1.56 (vs kr4.07 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr49.4m (down 21% from 1Q 2020). Net income: kr18.3m (up kr65.9m from 1Q 2020). Profit margin: 37% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Upcoming Dividend • May 17
Upcoming dividend of kr15.00 per share Eligible shareholders must have bought the stock before 24 May 2021. Payment date: 28 May 2021. Trailing yield: 16%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.8%). Is New 90 Day High Low • Feb 27
New 90-day high: €7.06 The company is up 2.0% from its price of €6.90 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Reported Earnings • Feb 27
Full year 2020 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: kr255.7m (down 9.8% from FY 2019). Net loss: kr161.9m (loss narrowed 51% from FY 2019). Announcement • Feb 06
Concejo AB (publ) (OM:CNCJO B) acquired 10.3% stake in Christian Berner Tech Trade AB (publ) (OM:CBTT B). Concejo AB (publ) (OM:CNCJO B) acquired 10.3% stake in Christian Berner Tech Trade AB (publ) (OM:CBTT B) on February 5, 2021. Following acquisition, Concejo AB holds 10.3% of shares and 6.4% of votes in Christian Berner Tech Trade.
Concejo AB (publ) (OM:CNCJO B) completed the acquisition of 10.3% stake in Christian Berner Tech Trade AB (publ) (OM:CBTT B) on February 5, 2021. Recent Insider Transactions • Dec 11
Board Member recently sold €63k worth of stock On the 7th of December, Carl Rosenblad sold around 9k shares on-market at roughly €7.04 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Dec 08
New 90-day high: €6.92 The company is up 5.0% from its price of €6.62 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 7.0% over the same period. Reported Earnings • Nov 30
Third quarter 2020 earnings released: kr1.02 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: kr85.9m (up 64% from 3Q 2019). Net loss: kr11.9m (loss narrowed 81% from 3Q 2019). Announcement • Nov 28
Consilium AB (publ) (OM:CONS B) entered into an agreement to acquire SBF Management AB for approximately SEK 150 million. Consilium AB (publ) (OM:CONS B) entered into an agreement to acquire SBF Management AB for approximately SEK 150 million on November 27, 2020. transaction is expected to complete in H1 2021. Announcement • Sep 29
Consilium AB (publ) (OM:CONS B) acquired 13.19% stake in Envigas AB for approximately SEK 20 million. Consilium AB (publ) (OM:CONS B) acquired 13.19% stake in Envigas AB for approximately SEK 20 million on September 28, 2020.
Consilium AB (publ) (OM:CONS B) completed the acquisition of 13.19% stake in Envigas AB on September 28, 2020. Is New 90 Day High Low • Sep 18
New 90-day low: €6.42 The company is down 13% from its price of €7.40 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.86 per share.