Skanska (DB:SKNB) - Stock Price, News & Analysis

SKNB Stock Overview

Skanska AB (publ) operates as a construction and project development company in the Nordic region, Europe, and the United States.

About the company

SKNB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 46.2% below our estimate of its fair value

Earnings are forecast to grow 12.1% per year

Risk Analysis

Profit margins (3%) are lower than last year (5.1%)

Dividend of 2.91% is not well covered by cash flows

Skanska AB (publ) Competitors

HOCHTIEF

XTRA:HOT

€7.8b

thyssenkrupp nucera KGaA

XTRA:NCH2

€1.5b

GEA Group

XTRA:G1A

€6.6b

KION GROUP

XTRA:KGX

€6.2b

Price History & Performance

Summary of all time highs, changes and price drops for Skanska
Historical stock prices
Current Share Price	kr16.18
52 Week High	kr17.69
52 Week Low	kr11.98
Beta	1.18
1 Month Change	-6.39%
3 Month Change	8.41%
1 Year Change	7.65%
3 Year Change	-26.81%
5 Year Change	-2.65%
Change since IPO	32.80%

Recent updates

Shareholder Returns

	SKNB	DE Construction	DE Market
7D	-4.7%	-0.3%	-2.5%
1Y	7.7%	25.8%	-0.4%

Return vs Industry: SKNB underperformed the German Construction industry which returned 24.6% over the past year.

Return vs Market: SKNB exceeded the German Market which returned 1% over the past year.

Price Volatility

Is SKNB's price volatile compared to industry and market?
SKNB volatility
SKNB Average Weekly Movement	4.3%
Construction Industry Average Movement	5.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: SKNB has not had significant price volatility in the past 3 months.

Volatility Over Time: SKNB's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1887	26,543	Anders Danielsson	group.skanska.com

Skanska AB (publ) operates as a construction and project development company in the Nordic region, Europe, and the United States. It operates through four segments: Construction, Residential Development, Commercial Property Development, and Investment Properties. The Construction segment builds schools, hospitals, healthcare and science laboratories, rails, subways, airports, highways, bridges, tunnels, offices, and homes.

Skanska AB (publ) Fundamentals Summary

How do Skanska's earnings and revenue compare to its market cap?
SKNB fundamental statistics
Market cap	€6.64b
Earnings (TTM)	€428.08m
Revenue (TTM)	€14.32b

15.5x

P/E Ratio

0.5x

P/S Ratio

Is SKNB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKNB income statement (TTM)
Revenue	kr167.17b
Cost of Revenue	kr153.74b
Gross Profit	kr13.43b
Other Expenses	kr8.44b
Earnings	kr5.00b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)	12.18
Gross Margin	8.04%
Net Profit Margin	2.99%
Debt/Equity Ratio	19.2%

How did SKNB perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

45%

Payout Ratio

SKNB Stock Overview

Rewards

Risk Analysis

Skanska AB (publ) Competitors

XTRA:HOT

€7.8b

XTRA:NCH2

€1.5b

XTRA:G1A

€6.6b

XTRA:KGX

€6.2b

Price History & Performance

Recent News & Updates

Magnus Persson Steps Down as Chief Financial Officer of Skanska

Skanska AB (Publ) Approves Dividend, Payable on April 5, 2024

Upcoming dividend of kr5.50 per share

Full year 2023 earnings released: EPS: kr12.17 (vs kr20.04 in FY 2022)

Dividend of kr5.50 announced

Full year 2023 earnings released: EPS: kr12.17 (vs kr20.04 in FY 2022)

Recent updates

Magnus Persson Steps Down as Chief Financial Officer of Skanska

Skanska AB (Publ) Approves Dividend, Payable on April 5, 2024

Upcoming dividend of kr5.50 per share

Full year 2023 earnings released: EPS: kr12.17 (vs kr20.04 in FY 2022)

Dividend of kr5.50 announced

Full year 2023 earnings released: EPS: kr12.17 (vs kr20.04 in FY 2022)

Skanska AB (publ) Proposes Dividend

Skanska AB (Publ) Announces Impairment Charges for Fourth Quarter 2023

Skanska AB (publ) to Report Fiscal Year 2023 Final Results on Mar 06, 2024

Skanska AB (publ) to Report Q3, 2024 Results on Nov 06, 2024

Third quarter 2023 earnings released: EPS: kr1.97 (vs kr5.50 in 3Q 2022)

New major risk - Revenue and earnings growth

Now 21% undervalued after recent price drop

Skanska AB (publ), Annual General Meeting, Mar 27, 2024

ERSTE Open-Ended Real Estate Investment Fund, managed by Erste Alapkezelo Zrt. agreed to acquire Office complex H2Offices in Budapest, Hungary from Skanska AB (publ) for €100 million.

Erste Alapkezelo Zrt. agreed to acquire Office complex H2Offices in Budapest, Hungary from Skanska AB (publ) for €100 million.

New major risk - Earnings quality

Second quarter 2023 earnings released

President & CEO recently bought €53k worth of stock

Insider recently bought €141k worth of stock

Key Executive recently bought €27k worth of stock

First quarter 2023 earnings released: EPS: kr1.44 (vs kr2.34 in 1Q 2022)

Insider recently bought €52k worth of stock

President & CEO recently bought €51k worth of stock

Upcoming dividend of kr7.50 per share at 4.4% yield

President & CEO recently bought €63k worth of stock

Full year 2022 earnings released: EPS: kr20.04 (vs kr16.65 in FY 2021)

President & CEO recently bought €56k worth of stock

Full year 2022 earnings released: EPS: kr20.04 (vs kr16.65 in FY 2021)

Skanska AB (Publ) Proposes Dividend for 2022

Skanska AB (publ) to Report Fiscal Year 2022 Results on Feb 03, 2023

Skanska AB (publ) to Report Fiscal Year 2022 Results on Mar 08, 2023

Skanska AB (publ) Announces Management Changes

Insider recently bought €71k worth of stock

Skanska AB (Publ) Announces Appointment of Ståle Röd as New Executive Vice President

Less than half of directors are independent

Third quarter 2022 earnings released

Skanska AB (Publ) Announces Appointment of Nomination Committee

Second quarter 2022 earnings released: EPS: kr4.28 (vs kr5.57 in 2Q 2021)

Skanska AB (publ)(OM:SKA B) dropped from OMX Stockholm 30 Index

SlussgÅRden Ab agreed to acquire office building Snäckan 8 from Skanska AB (publ) (OM:SKA B) for SEK 2.7 billion.

President & CEO recently bought €56k worth of stock

Skanska AB (Publ) Announces Board Changes

Eastnine AB (publ) (OM:EAST) acquired office property in Poznan from Skanska AB (publ) (OM:SKA B) for 120.6 million,

President & CEO recently bought €166k worth of stock

First quarter 2022 earnings released

Skanska AB (publ) to Report First Half, 2022 Results on Jul 21, 2022

Less than half of directors are independent

President & CEO recently bought €87k worth of stock

Less than half of directors are independent

Skanska AB (Publ) Announces Change of Executive Vice President of Human Resources for the Skanska Group

Skanska AB (publ) Announces Ordinary Dividend at the Annual General Meeting 2022, Payable on April 5, 2022

Upcoming dividend of kr10.00 per share

President & CEO recently bought €11k worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Skanska AB (publ) to Report Nine Months, 2022 Results on Oct 26, 2022

Skanska AB (publ) to Report Q1, 2022 Results on May 04, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat