DB:COE

Stock Analysis Report

Coor Service Management Holding

Executive Summary

Coor Service Management Holding AB provides facilities management services.


Snowflake Analysis

Solid track record with reasonable growth potential.


Similar Companies

Share Price & News

How has Coor Service Management Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.1%

COE

1.3%

DE Commercial Services

-0.2%

DE Market


1 Year Return

23.7%

COE

-6.5%

DE Commercial Services

13.7%

DE Market

Return vs Industry: COE exceeded the German Commercial Services industry which returned -6.5% over the past year.

Return vs Market: COE exceeded the German Market which returned 13.7% over the past year.


Shareholder returns

COEIndustryMarket
7 Day0.1%1.3%-0.2%
30 Day4.2%-1.6%0.3%
90 Day14.5%3.6%3.7%
1 Year30.1%23.7%-3.2%-6.5%17.2%13.7%
3 Year63.9%38.3%13.0%3.2%15.4%5.3%
5 Yearn/a3.6%-10.9%21.3%4.7%

Price Volatility Vs. Market

How volatile is Coor Service Management Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Coor Service Management Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COE (€8.14) is trading below our estimate of fair value (€17.47)

Significantly Below Fair Value: COE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: COE is poor value based on its PE Ratio (52.6x) compared to the Commercial Services industry average (31.8x).

PE vs Market: COE is poor value based on its PE Ratio (52.6x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: COE is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: COE is overvalued based on its PB Ratio (4.5x) compared to the DE Commercial Services industry average (3.3x).


Next Steps

Future Growth

How is Coor Service Management Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

25.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COE's forecast earnings growth (25.5% per year) is above the savings rate (-0.4%).

Earnings vs Market: COE's earnings (25.5% per year) are forecast to grow faster than the German market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: COE's revenue (3.6% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: COE's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COE's Return on Equity is forecast to be high in 3 years time (23.5%)


Next Steps

Past Performance

How has Coor Service Management Holding performed over the past 5 years?

34.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COE has high quality earnings.

Growing Profit Margin: COE's current net profit margins (1.6%) are higher than last year (1.1%).


Past Earnings Growth Analysis

Earnings Trend: COE has become profitable over the past 5 years, growing earnings by 34.9% per year.

Accelerating Growth: COE's earnings growth over the past year (62.5%) exceeds its 5-year average (34.9% per year).

Earnings vs Industry: COE earnings growth over the past year (62.5%) exceeded the Commercial Services industry 10.9%.


Return on Equity

High ROE: COE's Return on Equity (8.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Coor Service Management Holding's financial position?


Financial Position Analysis

Short Term Liabilities: COE's short term assets (SEK2.2B) do not cover its short term liabilities (SEK2.7B).

Long Term Liabilities: COE's short term assets (SEK2.2B) exceed its long term liabilities (SEK2.2B).


Debt to Equity History and Analysis

Debt Level: COE's debt to equity ratio (94.3%) is considered high.

Reducing Debt: COE's debt to equity ratio has reduced from 253.5% to 94.3% over the past 5 years.

Debt Coverage: COE's debt is well covered by operating cash flow (36.2%).

Interest Coverage: COE's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet

Inventory Level: COE has a low level of unsold assets or inventory.

Debt Coverage by Assets: COE's debt is covered by short term assets (assets are 1.2x debt).


Next Steps

Dividend

What is Coor Service Management Holding's current dividend yield, its reliability and sustainability?

4.73%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Coor Service Management Holding before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company4.7%marketbottom25%1.3%markettop25%3.7%industryaverage3.4%forecastin3Years5.9%

Current dividend yield vs market & industry

Notable Dividend: COE's dividend (4.73%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: COE's dividend (4.73%) is in the top 25% of dividend payers in the German market (3.65%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, COE has been paying a dividend for less than 10 years.

Growing Dividend: COE's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (124.5%), COE's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COE's dividends in 3 years are not forecast to be well covered by earnings (94.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.1yrs

Average management tenure


CEO

Mikael Stöhr (49yo)

7.1yrs

Tenure

kr10,700,000

Compensation

Mr. Mikael Stöhr has been the Chief Executive Officer and President of Coor Service Management Holding AB since 2013. Mr. Stöhr served as the Chief Executive Officer of Green Cargo Ab from April 19, 2010 t ...


CEO Compensation Analysis

Compensation vs Market: Mikael's total compensation ($USD1.09M) is about average for companies of similar size in the German market ($USD1.19M).

Compensation vs Earnings: Mikael's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mikael Stöhr
President7.1yrskr10.70m0.083% SEK692.1k
Klas Elmberg
CFO & IR Director0.5yrsno data0.021% SEK177.7k
Rikard Wannerholt
Senior Vice President of Operations Development7.1yrsno data0.024% SEK199.4k
Erik Strümpel
Chief Legal Counsel14.1yrsno data0.0060% SEK50.4k
Magdalena Öhrn
Communications Director2.1yrsno data0.0016% SEK13.1k
Jens Rasmussen
Senior Vice President of Business Development & Sales11.1yrsno data0.064% SEK536.6k
Jørgen Utzon
President of Denmark19.1yrsno data0.052% SEK438.3k
Nikolai Utheim
President of Norway3.8yrsno data0.0084% SEK70.1k
AnnaCarin Grandin
President of Sweden4.1yrsno data0.036% SEK304.2k
Ylva Berg
Head of Digital Development0yrsno datano data

7.1yrs

Average Tenure

51yo

Average Age

Experienced Management: COE's management team is seasoned and experienced (7.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mikael Stöhr
President7.1yrskr10.70m0.083% SEK692.1k
Monica Lindstedt
Director4.7yrskr307.00k0.010% SEK87.6k
Mats Granryd
Chairman2.8yrskr902.00k0.010% SEK87.6k
Kristina Schauman
Director4.9yrskr457.00k0.010% SEK87.6k
Mats Jönsson
Director20.1yrskr332.00k0.34% SEK2.9m
Heidi Skaaret
Director3.8yrskr357.00kno data
Anders Ehrling
Director2.8yrskr332.00kno data
Glenn Evans
Employee Representative Director7.1yrsno datano data
Rikard Milde
Employee Representative Deputy Director4.1yrsno datano data
Linus Johansson
Director1.8yrsno datano data

4.4yrs

Average Tenure

57.5yo

Average Age

Experienced Board: COE's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Coor Service Management Holding AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coor Service Management Holding AB
  • Ticker: COE
  • Exchange: DB
  • Founded: 1998
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: kr8.879b
  • Listing Market Cap: kr836.939m
  • Shares outstanding: 95.47m
  • Website: https://www.coor.com

Number of Employees


Location

  • Coor Service Management Holding AB
  • Knarrarnäsgatan 7
  • Kista
  • Stockholm County
  • 164 99
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COOROM (OMX Nordic Exchange Stockholm)YesNew Ordinary SharesSESEKJun 2015
COEDB (Deutsche Boerse AG)YesNew Ordinary SharesDEEURJun 2015
0R8QLSE (London Stock Exchange)YesNew Ordinary SharesGBSEKJun 2015
COORSBATS-CHIXE (BATS 'Chi-X Europe')YesNew Ordinary SharesGBSEKJun 2015

Biography

Coor Service Management Holding AB provides facilities management services. The company offers property services, such as administrative and financial management, damage control and repair, energy optimization, and technical management services, as well as undertakes development projects. It also provides workplace services, including office, cleaning, food and beverage, security, and space and document management services, as well as office solutions; conference services; and services for production units, comprising factory and process cleaning, fleet management, process maintenance, logistics, and waste management. In addition, the company offers strategic advisory services comprising analysis, action plans, change processes, management resources, reports and business cases, organizational change processes, strategy, process and system design, and project management. It serves large and small companies, and public sector organizations. The company has operations primarily in Sweden, Norway, Denmark, and Finland, as well as in Belgium, Hungary, Poland, and Estonia. Coor Service Management Holding AB was founded in 1998 and is headquartered in Kista, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 23:03
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.