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Peab

DB:PEKB
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PEKB
DB
SEK23B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Peab AB (publ) operates as a construction and civil engineering company primarily in Sweden, Norway, and Finland. The last earnings update was 13 days ago. More info.


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PEKB Share Price and Events
7 Day Returns
-0.7%
DB:PEKB
0.8%
DE Construction
-0%
DE Market
1 Year Returns
-
DB:PEKB
-24.7%
DE Construction
-11.5%
DE Market
PEKB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Peab (PEKB) -0.7% - - - -2.2% 22.4%
DE Construction 0.8% -12.5% -13.5% -24.7% 2.9% 66.7%
DE Market -0% -3.3% 2.1% -11.5% 8.9% 8.1%
1 Year Return vs Industry and Market
  • No trading data on PEKB.
  • No trading data on PEKB.
Price Volatility
PEKB
Industry
5yr Volatility vs Market
Related Companies

PEKB Value

 Is Peab undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Peab to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Peab.

DB:PEKB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:PEKB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.983 (1 + (1- 22%) (31.26%))
1.15
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.15 * 5.96%)
7.08%

Discounted Cash Flow Calculation for DB:PEKB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Peab is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:PEKB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 7.08%)
2019 1,499.50 Analyst x2 1,400.36
2020 1,957.33 Analyst x3 1,707.07
2021 1,410.50 Analyst x2 1,148.83
2022 1,090.62 Est @ -22.68% 829.56
2023 918.23 Est @ -15.81% 652.26
2024 817.26 Est @ -11% 542.16
2025 754.91 Est @ -7.63% 467.69
2026 715.12 Est @ -5.27% 413.74
2027 689.22 Est @ -3.62% 372.39
2028 672.21 Est @ -2.47% 339.19
Present value of next 10 years cash flows SEK7,873.25
DB:PEKB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK672.21 × (1 + 0.23%) ÷ (7.08% – 0.23%)
SEK9,833.62
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK9,833.62 ÷ (1 + 7.08%)10
SEK4,961.95
DB:PEKB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK7,873.25 + SEK4,961.95
SEK12,835.20
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK12,835.20 / 294.96
SEK43.51
DB:PEKB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PEKB represents 0.09094x of OM:PEAB B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09094x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 43.51 x 0.09094
€3.96
Value per share (EUR) From above. €3.96
Current discount Discount to share price of €7.13
= -1 x (€7.13 - €3.96) / €3.96
-80.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Peab is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Peab's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Peab's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PEKB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SEK SEK7.14
OM:PEAB B Share Price ** OM (2019-05-22) in SEK SEK78.4
Europe Construction Industry PE Ratio Median Figure of 97 Publicly-Listed Construction Companies 10.68x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.26x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Peab.

DB:PEKB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:PEAB B Share Price ÷ EPS (both in SEK)

= 78.4 ÷ 7.14

10.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peab is overvalued based on earnings compared to the Europe Construction industry average.
  • Peab is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Peab's expected growth come at a high price?
Raw Data
DB:PEKB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
0.7%per year
Europe Construction Industry PEG Ratio Median Figure of 46 Publicly-Listed Construction Companies 1.16x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

DB:PEKB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.98x ÷ 0.7%

15.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peab is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Peab's assets?
Raw Data
DB:PEKB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SEK SEK39.54
OM:PEAB B Share Price * OM (2019-05-22) in SEK SEK78.4
Europe Construction Industry PB Ratio Median Figure of 132 Publicly-Listed Construction Companies 1.12x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.78x
DB:PEKB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:PEAB B Share Price ÷ Book Value per Share (both in SEK)

= 78.4 ÷ 39.54

1.98x

* Primary Listing of Peab.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peab is overvalued based on assets compared to the Europe Construction industry average.
X
Value checks
We assess Peab's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Peab has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PEKB Future Performance

 How is Peab expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Peab expected to grow at an attractive rate?
  • Peab's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Peab's earnings growth is positive but not above the Germany market average.
  • Peab's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:PEKB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PEKB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 0.7%
DB:PEKB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 3.3%
Europe Construction Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Construction Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PEKB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PEKB Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 56,814 2,294 2,112 3
2020-12-31 55,537 2,611 2,014 4
2019-12-31 53,265 2,299 2,038 3
DB:PEKB Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-03-31 52,102 638 2,106
2018-12-31 52,233 -250 2,100
2018-09-30 51,987 288 2,064
2018-06-30 51,137 1,419 2,045
2018-03-31 50,366 1,022 2,008
2017-12-31 49,981 2,839 2,067
2017-09-30 49,370 3,771 1,948
2017-06-30 49,131 3,096 1,892
2017-03-31 48,911 4,164 1,881
2016-12-31 46,337 3,455 1,727
2016-09-30 44,682 2,651 1,030
2016-06-30 45,034 3,793 950

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Peab's earnings are expected to grow by 0.7% yearly, however this is not considered high growth (20% yearly).
  • Peab's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PEKB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Peab Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PEKB Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 7.16 7.70 6.88 3.00
2020-12-31 6.83 7.40 6.43 4.00
2019-12-31 6.91 7.33 6.65 3.00
DB:PEKB Past Financials Data
Date (Data in SEK Millions) EPS *
2019-03-31 7.14
2018-12-31 7.12
2018-09-30 7.00
2018-06-30 6.93
2018-03-31 6.81
2017-12-31 7.01
2017-09-30 6.60
2017-06-30 6.41
2017-03-31 6.38
2016-12-31 5.85
2016-09-30 3.49
2016-06-30 3.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Peab is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Peab's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Peab has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PEKB Past Performance

  How has Peab performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Peab's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Peab has delivered over 20% year on year earnings growth in the past 5 years.
  • Peab's 1-year earnings growth is less than its 5-year average (4.9% vs 21.9%)
  • Peab's earnings growth has not exceeded the Europe Construction industry average in the past year (4.9% vs 15.9%).
Earnings and Revenue History
Peab's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Peab Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PEKB Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 52,102.00 2,106.00 2,798.00
2018-12-31 52,233.00 2,100.00 2,784.00
2018-09-30 51,987.00 2,064.00 2,774.00
2018-06-30 51,137.00 2,045.00 2,727.00
2018-03-31 50,366.00 2,008.00 2,695.00
2017-12-31 49,981.00 2,067.00 2,614.00
2017-09-30 49,370.00 1,948.00 2,628.00
2017-06-30 49,131.00 1,892.00 2,580.00
2017-03-31 48,911.00 1,881.00 2,520.00
2016-12-31 46,337.00 1,727.00 2,428.00
2016-09-30 44,682.00 1,030.00 2,393.00
2016-06-30 45,034.00 950.00 2,363.00
2016-03-31 44,031.00 833.00 2,313.00
2015-12-31 44,376.00 798.00 2,296.00
2015-09-30 44,365.00 1,100.00 2,259.00
2015-06-30 43,468.00 1,123.00 2,262.00
2015-03-31 43,504.00 1,060.00 2,253.00
2014-12-31 43,630.00 1,027.00 2,243.00
2014-09-30 44,343.00 1,231.00 2,269.00
2014-06-30 44,054.00 1,098.00 2,240.00
2014-03-31 42,820.00 287.00 2,267.00
2013-12-31 43,127.00 298.00 2,305.00
2013-09-30 44,094.00 228.00 2,373.00
2013-06-30 44,951.00 214.00 2,434.00
2013-03-31 46,251.00 717.00 2,385.00
2012-12-31 46,840.00 730.00 2,377.00
2012-09-30 46,191.00 809.00 2,309.70
2012-06-30 45,369.00 743.00 2,341.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Peab has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Peab used its assets more efficiently than the Europe Construction industry average last year based on Return on Assets.
  • Peab has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Peab's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Peab has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PEKB Health

 How is Peab's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Peab's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Peab is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Peab's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Peab's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Peab Company Filings, last reported 1 month ago.

DB:PEKB Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 11,665.00 7,229.00 1,156.00
2018-12-31 11,348.00 7,030.00 1,376.00
2018-09-30 10,735.00 7,016.00 453.00
2018-06-30 10,153.00 6,198.00 535.00
2018-03-31 10,688.00 3,979.00 289.00
2017-12-31 10,332.00 3,786.00 595.00
2017-09-30 9,796.00 4,735.00 255.00
2017-06-30 9,215.00 4,770.00 243.00
2017-03-31 9,599.00 4,022.00 1,725.00
2016-12-31 9,380.00 5,117.00 1,062.00
2016-09-30 8,695.00 6,423.00 270.00
2016-06-30 8,021.00 5,813.00 152.00
2016-03-31 8,241.00 5,306.00 481.00
2015-12-31 8,076.00 6,537.00 873.00
2015-09-30 8,217.00 6,109.00 282.00
2015-06-30 7,848.00 6,982.00 389.00
2015-03-31 8,116.00 5,893.00 354.00
2014-12-31 7,997.00 6,934.00 812.00
2014-09-30 7,980.00 8,152.00 425.00
2014-06-30 7,507.00 8,979.00 1,154.00
2014-03-31 7,686.00 8,441.00 476.00
2013-12-31 7,668.00 8,560.00 459.00
2013-09-30 7,312.00 10,009.00 859.00
2013-06-30 7,042.00 9,155.00 334.00
2013-03-31 7,974.00 8,524.00 307.00
2012-12-31 7,979.00 8,732.00 439.00
2012-09-30 7,720.00 10,084.00 314.00
2012-06-30 7,438.00 9,881.00 219.00
  • Peab's level of debt (62%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (109.9% vs 62% today).
  • Debt is not well covered by operating cash flow (8.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 108x coverage).
X
Financial health checks
We assess Peab's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Peab has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PEKB Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.36%
Current annual income from Peab dividends. Estimated to be 5.59% next year.
If you bought €2,000 of Peab shares you are expected to receive €107 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Peab's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Peab's dividend is above the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PEKB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Construction Industry Average Dividend Yield Market Cap Weighted Average of 73 Stocks 3.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PEKB Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 4.50 3.00
2020-12-31 4.36 4.00
2019-12-31 4.30 3.00
DB:PEKB Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-05-09 4.200 5.274
2018-05-07 4.000 5.266
2017-05-10 3.600 4.333
2016-04-11 2.600 3.541
2016-02-16 2.600 3.674
2015-05-13 2.250 3.582
2014-05-14 1.800 3.276
2013-04-09 1.600 4.125
2012-05-15 2.100 6.468
2011-05-10 2.600 7.188
2010-05-11 2.500 5.132

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Peab has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Peab only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Peab's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.6x coverage).
X
Income/ dividend checks
We assess Peab's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Peab afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Peab has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PEKB Management

 What is the CEO of Peab's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jesper Göransson
COMPENSATION SEK15,442,000
AGE 47
CEO Bio

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 served as Acting President of Peab AB. He served as an Acting Chief Executive Officer of Peab AB since March 2013. He served as Chief Financial officer of Peab AB. He served as Deputy Chief Executive Officer and Group Accounting/Finance Officer and Treasury Director at Peab AB. He serves as Chairman of Peab Finans AB (publ).

CEO Compensation
  • Jesper's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Jesper's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Peab management team in years:

5.8
Average Tenure
50.5
Average Age
  • The average tenure for the Peab management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jesper Göransson

TITLE
CEO & President
COMPENSATION
SEK15M
AGE
47

Niclas Winkvist

TITLE
Chief Financial Officer
AGE
52
TENURE
5.8 yrs

Roger Linnér

TITLE
Production Manager & COO
AGE
48
TENURE
5.9 yrs

Charlotte Hagö

TITLE
Chief Information Officer

Camila Buzaglo

TITLE
Chief Communications Officer
AGE
47
TENURE
0.5 yrs

Jan Persson

TITLE
Head of Peab Support
AGE
61

Mikael Rydén

TITLE
Head of Information Technology
AGE
53

Anders Bogren

TITLE
Head of Purchasing & Logistics
AGE
49

Marie Vernersson

TITLE
Group Controller
TENURE
11.3 yrs

Gösta Sjöström

TITLE
Senior Advisor
AGE
70
Board of Directors Tenure

Average tenure and age of the Peab board of directors in years:

10.7
Average Tenure
58
Average Age
  • The average tenure for the Peab board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Göran Grosskopf

TITLE
Chairman of the Board
COMPENSATION
SEK720K
AGE
73
TENURE
13.7 yrs

Mats Paulsson

TITLE
Vice Chairman
COMPENSATION
SEK330K
AGE
74
TENURE
8 yrs

Lars Sköld

TITLE
Director
COMPENSATION
SEK420K
AGE
68
TENURE
12.3 yrs

Karl-Axel Granlund

TITLE
Director
COMPENSATION
SEK360K
AGE
63
TENURE
19.3 yrs

Patrik Svensson

TITLE
Employee Representative Director
AGE
49
TENURE
12.3 yrs

Fredrik Paulsson

TITLE
Director
COMPENSATION
SEK330K
AGE
46
TENURE
10 yrs

Kim Thomsen

TITLE
Employee Representative Director
AGE
53
TENURE
11.3 yrs

Kerstin Lindell

TITLE
Director
COMPENSATION
SEK360K
AGE
51
TENURE
5.3 yrs

Malin Persson

TITLE
Director
COMPENSATION
SEK300K
AGE
50
TENURE
3 yrs

Egon Waldemarsson

TITLE
Employee Representative Director
AGE
64
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
03. Sep 18 Sell Pindab Invest AB Company 31. Aug 18 31. Aug 18 -350,000 €7.72 €-2,700,686
03. Sep 18 Buy Engelholm Trading Company Industri Ab Company 31. Aug 18 31. Aug 18 350,000 €7.72 €2,700,686
27. Jun 18 Buy Jesper Göransson Individual 26. Jun 18 26. Jun 18 10,000 €6.38 €63,787
27. Jun 18 Buy Niclas Winkvist Individual 26. Jun 18 26. Jun 18 3,000 €6.37 €19,118
X
Management checks
We assess Peab's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Peab has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PEKB News

Simply Wall St News

PEKB Company Info

Description

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.

Details
Name: Peab AB (publ)
PEKB
Exchange: DB
Founded: 1959
SEK2,150,867,825
294,962,746
Website: http://www.peab.com
Address: Peab AB (publ)
Margretetorpsvägen 84,
Förslöv,
Skåne County, 269 73,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM PEAB B Class B Registered Shares OMX Nordic Exchange Stockholm SE SEK 07. May 1993
DB PEKB Class B Registered Shares Deutsche Boerse AG DE EUR 07. May 1993
LSE 0MHT Class B Registered Shares London Stock Exchange GB SEK 07. May 1993
BATS-CHIXE PEABBS Class B Registered Shares BATS 'Chi-X Europe' GB SEK 07. May 1993
Number of employees
Current staff
Staff numbers
14,280
Peab employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 23:59
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/05/16
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.