Peab AB (publ) operates as a construction and civil engineering company primarily in Sweden, Norway, and Finland.
Mediocre balance sheet and overvalued.
Share Price & News
How has Peab's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PEKB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PEKB exceeded the German Construction industry which returned -19.7% over the past year.
Return vs Market: PEKB exceeded the German Market which returned 4.4% over the past year.
Price Volatility Vs. Market
How volatile is Peab's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Peab undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PEKB (€7.87) is trading above our estimate of fair value (€4.48)
Significantly Below Fair Value: PEKB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PEKB is poor value based on its PE Ratio (16.2x) compared to the Construction industry average (11x).
PE vs Market: PEKB is good value based on its PE Ratio (16.2x) compared to the German market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: PEKB is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: PEKB is overvalued based on its PB Ratio (2.1x) compared to the XE Construction industry average (1.1x).
How is Peab forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PEKB's forecast earnings growth (9.7% per year) is above the savings rate (0.2%).
Earnings vs Market: PEKB's earnings (9.7% per year) are forecast to grow slower than the German market (22.5% per year).
High Growth Earnings: PEKB's earnings are forecast to grow, but not significantly.
Revenue vs Market: PEKB's revenue (3% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: PEKB's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PEKB's Return on Equity is forecast to be low in 3 years time (14.7%).
How has Peab performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEKB has a high level of non-cash earnings.
Growing Profit Margin: PEKB's current net profit margins (2.9%) are lower than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: PEKB's earnings have grown by 18.1% per year over the past 5 years.
Accelerating Growth: PEKB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PEKB had negative earnings growth (-39.6%) over the past year, making it difficult to compare to the Construction industry average (7.6%).
Return on Equity
High ROE: PEKB's Return on Equity (13.2%) is considered low.
How is Peab's financial position?
Financial Position Analysis
Short Term Liabilities: PEKB's short term assets (SEK31.8B) exceed its short term liabilities (SEK26.4B).
Long Term Liabilities: PEKB's short term assets (SEK31.8B) exceed its long term liabilities (SEK4.8B).
Debt to Equity History and Analysis
Debt Level: PEKB's debt to equity ratio (103.5%) is considered high.
Reducing Debt: PEKB's debt to equity ratio has increased from 67.6% to 103.5% over the past 5 years.
Debt Coverage: PEKB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PEKB's interest payments on its debt are well covered by EBIT (23.2x coverage).
What is Peab's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PEKB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PEKB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PEKB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PEKB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PEKB is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PEKB's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jesper Göransson (48yo)
Mr. Jesper Göransson serves as the Chief Executive Officer of Peab AB and has been its President since August 2013 and its Member of the Executive Management Advisory Board since July 2009. Mr. Göransson s ...
CEO Compensation Analysis
Compensation vs Market: Jesper's total compensation ($USD1.83M) is about average for companies of similar size in the German market ($USD2.40M).
Compensation vs Earnings: Jesper's compensation has been consistent with company performance over the past year.
|CEO & President||no data||kr16.82m||0.36% SEK8.6m|
|Chief Financial Officer||6.83yrs||no data||0.13% SEK3.0m|
|Production Manager & COO||7yrs||no data||0.081% SEK1.9m|
|Chief Information Officer||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Communications Officer||1.58yrs||no data||0.0029% SEK67.6k|
|Head of Peab Support||no data||no data||no data|
|Head of Information Technology||no data||no data||no data|
|Head of Purchasing & Logistics||no data||no data||no data|
|Group Controller||12.42yrs||no data||no data|
Experienced Management: PEKB's management team is seasoned and experienced (6.9 years average tenure).
|Independent Director||20.42yrs||kr600.00k||0.0047% SEK112.6k|
|Independent Chairman of the Board||14.75yrs||kr1.13m||0.44% SEK10.3m|
|Independent Director||13.42yrs||kr600.00k||0.0068% SEK160.8k|
|Vice Chairman||9.08yrs||kr525.00k||12.96% SEK307.3m|
|Independent Director||4.08yrs||kr450.00k||0.00068% SEK16.1k|
|Employee Representative Director||13.42yrs||no data||no data|
|Employee Representative Director||12.42yrs||no data||no data|
|Independent Director||6.42yrs||kr525.00k||0.0017% SEK40.1k|
|Employee Representative Director||4.08yrs||no data||0.0020% SEK48.1k|
Experienced Board: PEKB's board of directors are seasoned and experienced ( 11.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PEKB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Peab AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Peab AB (publ)
- Ticker: PEKB
- Exchange: DB
- Founded: 1959
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: kr24.721b
- Listing Market Cap: kr2.371b
- Shares outstanding: 295.00m
- Website: https://www.peab.com
Number of Employees
- Peab AB (publ)
- Margretetorpsvägen 84
- Skåne County
- 269 73
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PEAB B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Registered Shares||SE||SEK||May 1993|
|0MHT||LSE (London Stock Exchange)||Yes||Class B Registered Shares||GB||SEK||May 1993|
|PEKB||DB (Deutsche Boerse AG)||Yes||Class B Registered Shares||DE||EUR||May 1993|
|PEABBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Registered Shares||GB||SEK||May 1993|
Peab AB (publ) operates as a construction and civil engineering company primarily in Sweden, Norway, and Finland. It operates through four segments: Construction, Civil Engineering, Industry, and Project Development. The Construction segment constructs homes, and public and commercial properties; and provides construction maintenance services. The Civil Engineering segment constructs and maintains roads, railroads, bridges, tunnels, ports, and other infrastructure. This segment also undertakes landscaping, pipeline, and foundation works, as well as operates and maintains highways and street networks, parks, outdoor properties, and water and sewage supply networks. The Industry segment offers products and services for construction and civil engineering projects. It provides gravel, rock, concrete, asphalt, machines and transportation, temporary electricity, and prefabricated concrete elements. This segment is also involved in the crane rental and production waste handling activities. The Project Development segment acquires, owns, develops, rents, and divests housing, commercial properties, and city blocks. Peab AB (publ) was founded in 1959 and is headquartered in Förslöv, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 22:41|
|End of Day Share Price||2020/06/05 00:00|
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.