Bravida Holding AB (publ) provides technical services and installations for buildings and industrial facilities in Sweden, Norway, Denmark, and Finland.
Undervalued with excellent balance sheet.
Share Price & News
How has Bravida Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BV0's share price has been volatile over the past 3 months.
7 Day Return
DE Commercial Services
1 Year Return
DE Commercial Services
Return vs Industry: BV0 exceeded the German Commercial Services industry which returned -28.9% over the past year.
Return vs Market: BV0 underperformed the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is Bravida Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bravida Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BV0 (€6.09) is trading below our estimate of fair value (€13.11)
Significantly Below Fair Value: BV0 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BV0 is good value based on its PE Ratio (15.7x) compared to the Commercial Services industry average (91.6x).
PE vs Market: BV0 is good value based on its PE Ratio (15.7x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: BV0 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: BV0 is good value based on its PB Ratio (2.5x) compared to the DE Commercial Services industry average (2.8x).
How is Bravida Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BV0's forecast earnings growth (8.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: BV0's earnings (8.6% per year) are forecast to grow slower than the German market (14.7% per year).
High Growth Earnings: BV0's earnings are forecast to grow, but not significantly.
Revenue vs Market: BV0's revenue (3.8% per year) is forecast to grow slower than the German market (4% per year).
High Growth Revenue: BV0's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BV0's Return on Equity is forecast to be low in 3 years time (16.4%).
How has Bravida Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BV0 has high quality earnings.
Growing Profit Margin: BV0's current net profit margins (4.3%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: BV0's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: BV0's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BV0 had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Commercial Services industry average (10.9%).
Return on Equity
High ROE: BV0's Return on Equity (15.8%) is considered low.
How is Bravida Holding's financial position?
Financial Position Analysis
Short Term Liabilities: BV0's short term assets (SEK6.6B) do not cover its short term liabilities (SEK8.7B).
Long Term Liabilities: BV0's short term assets (SEK6.6B) exceed its long term liabilities (SEK2.2B).
Debt to Equity History and Analysis
Debt Level: BV0's debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: BV0's debt to equity ratio has reduced from 104.4% to 35.7% over the past 5 years.
Debt Coverage: BV0's debt is well covered by operating cash flow (80.2%).
Interest Coverage: BV0's interest payments on its debt are well covered by EBIT (45.3x coverage).
Inventory Level: BV0 has a low level of unsold assets or inventory.
Debt Coverage by Assets: BV0's debt is covered by short term assets (assets are 3.3x debt).
What is Bravida Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BV0's dividend (3.28%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: BV0's dividend (3.28%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BV0 has been paying a dividend for less than 10 years.
Growing Dividend: BV0's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.6%), BV0's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BV0's dividends in 3 years are forecast to be well covered by earnings (48.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mattias Johansson (46yo)
Mr. Mattias Johansson has been the Chief Executive Officer and Group President at Bravida Holding AB (publ) since January 1, 2015 and served as its Acting Head of Division Finland from August 22, 2017 to M ...
CEO Compensation Analysis
Compensation vs Market: Mattias's total compensation ($USD1.57M) is about average for companies of similar size in the German market ($USD1.85M).
Compensation vs Earnings: Mattias's compensation has been consistent with company performance over the past year.
|CEO & Group President||5.17yrs||kr15.61m||0.32% SEK4.1m|
|Chief Financial Officer||0.83yr||no data||no data|
|Chief Legal Officer & Head of Acquisitions||10.17yrs||no data||0.027% SEK342.1k|
|Head of Group Human Resources||3.83yrs||no data||0.0095% SEK119.1k|
|Head of South Division - Sweden||7.17yrs||no data||0.10% SEK1.3m|
|Chief Purchasing Officer||15.17yrs||no data||0.040% SEK503.6k|
|Head of Division Norway||5.17yrs||no data||0.038% SEK476.9k|
|Head of Operations Development||9.17yrs||no data||0.0049% SEK62.2k|
|Head of Division North - Sweden||4.17yrs||no data||0.0049% SEK62.2k|
|Head of Division Denmark||2.92yrs||no data||0.0071% SEK89.7k|
Experienced Management: BV0's management team is seasoned and experienced (5.2 years average tenure).
|Independent Chairman of the Board||1.92yrs||kr786.00k||0.0099% SEK124.4k|
|Independent Director||3.83yrs||kr560.00k||0.0035% SEK43.6k|
|Independent Director||3.83yrs||kr630.00k||0.0049% SEK62.2k|
|Independent Director||1.92yrs||kr367.00k||no data|
|Employee Representative Director||5.17yrs||no data||no data|
|Employee Representative Director||13.17yrs||no data||no data|
|Independent Director||3.83yrs||kr530.00k||0.82% SEK10.4m|
|Independent Director||6.17yrs||kr550.00k||0.019% SEK235.7k|
|Employee Representative Director||4.17yrs||no data||no data|
|Employee Representative Director||4.17yrs||no data||no data|
Experienced Board: BV0's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BV0 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.
Bravida Holding AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Bravida Holding AB (publ)
- Ticker: BV0
- Exchange: DB
- Founded: 1922
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: kr13.887b
- Listing Market Cap: kr1.260b
- Shares outstanding: 202.59m
- Website: https://www.bravida.se
Number of Employees
- Bravida Holding AB (publ)
- Mikrofonvägen 28
- Stockholm County
- 126 81
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BRAV||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Oct 2015|
|BV0||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2015|
|0RBW||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Oct 2015|
|BRAVS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Oct 2015|
Bravida Holding AB (publ) provides technical services and installations for buildings and industrial facilities in Sweden, Norway, Denmark, and Finland. The company offers installation services for the new construction and remodeling of technical systems in buildings, plants, and infrastructure; and operation and maintenance services, as well as undertakes minor upgrade works. It provides technical and installation services for electrical, heating, and plumbing systems, as well as heating, ventilation, and air conditioning systems in buildings and commercial facilities; and installs and services security and sprinkler systems, cooling and power facilities, lifts, and services within project management and technical service management. The company primarily serves property owners, professional tenants, and building contractors. Bravida Holding AB (publ) was founded in 1922 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 23:00|
|End of Day Share Price||2020/03/27 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.