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Softronic

DB:SF7
Snowflake Description

Outstanding track record with flawless balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SF7
DB
SEK868M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Softronic AB provides IT and management services in primarily in Sweden. The last earnings update was 116 days ago. More info.


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SF7 Share Price and Events
7 Day Returns
-2.6%
DB:SF7
3.1%
DE IT
2.9%
DE Market
1 Year Returns
7.1%
DB:SF7
-2.8%
DE IT
-12.1%
DE Market
SF7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Softronic (SF7) -2.6% 1.3% 8.2% 7.1% 75.1% 97%
DE IT 3.1% -22.5% -18.1% -2.8% 96.5% 166.1%
DE Market 2.9% 0.8% 0.2% -12.1% 11.8% 4.9%
1 Year Return vs Industry and Market
  • SF7 outperformed the IT industry which returned -2.8% over the past year.
  • SF7 outperformed the Market in Germany which returned -12.1% over the past year.
Price Volatility
SF7
Industry
5yr Volatility vs Market

Value

 Is Softronic 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 Softronic 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 Softronic.

DB:SF7 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8%
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:SF7
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9.8%
IT Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.78 (1 + (1- 22%) (0%))
0.78
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 9.77%)
8.05%

Discounted Cash Flow Calculation for DB:SF7 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Softronic is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:SF7 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (SEK, Millions) 59.89 63.29 66.88 70.67 74.67
Source Est @ 5.67% Est @ 5.67% Est @ 5.67% Est @ 5.67% Est @ 5.67%
Present Value
Discounted (@ 8.05%)
55.43 54.21 53.02 51.85 50.71
Present value of next 5 years cash flows SEK265.24
DB:SF7 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= SEK74.67 × (1 + 0.23%) ÷ (8.05% – 0.23%)
SEK957.38
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= SEK957.38 ÷ (1 + 8.05%)5
SEK650.20
DB:SF7 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= SEK265.24 + SEK650.20
SEK915.44
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK915.44 / 52.63
SEK1.6
DB:SF7 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SF7 represents 0.09182x of OM:SOF B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09182x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 17.39 x 0.09182
€1.60
Value per share (EUR) From above. €1.60
Current discount Discount to share price of €1.52
= -1 x (€1.52 - €1.60) / €1.60
5.1%

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

Current Discount
Amount off the current price Softronic is available for.
Intrinsic value
5%
Share price is €1.52 vs Future cash flow value of €1.6
Current Discount Checks
For Softronic to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Softronic's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Softronic's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Softronic's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Softronic's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SF7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in SEK SEK1.07
OM:SOF B Share Price ** OM (2019-02-18) in SEK SEK16.5
Germany IT Industry PE Ratio Median Figure of 20 Publicly-Listed IT Companies 24.48x
Germany Market PE Ratio Median Figure of 420 Publicly-Listed Companies 18.16x

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

** Primary Listing of Softronic.

DB:SF7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 16.5 ÷ 1.07

15.38x

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

  • Softronic is good value based on earnings compared to the DE IT industry average.
  • Softronic is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Softronic's expected growth come at a high price?
Raw Data
DB:SF7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.3%per year
Germany IT Industry PEG Ratio Median Figure of 15 Publicly-Listed IT Companies 1.29x
Germany Market PEG Ratio Median Figure of 277 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Softronic, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Softronic's assets?
Raw Data
DB:SF7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in SEK SEK4.89
OM:SOF B Share Price * OM (2019-02-18) in SEK SEK16.5
Germany IT Industry PB Ratio Median Figure of 25 Publicly-Listed IT Companies 3.7x
Germany Market PB Ratio Median Figure of 566 Publicly-Listed Companies 1.79x
DB:SF7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 16.5 ÷ 4.89

3.38x

* Primary Listing of Softronic.

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

  • Softronic is good value based on assets compared to the DE IT industry average.
X
Value checks
We assess Softronic'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Softronic has a total score of 3/6, 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.

Future Performance

 How is Softronic expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Softronic, future earnings growth has been estimated based on fundamentals.
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
3.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Softronic expected to grow at an attractive rate?
  • Softronic's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Softronic's earnings growth is positive but not above the Germany market average.
  • Unable to compare Softronic's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:SF7 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SF7 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.3%
Germany IT Industry Earnings Growth Rate Market Cap Weighted Average 24%
Germany IT Industry Revenue Growth Rate Market Cap Weighted Average 16.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*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:SF7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SF7 Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-09-30 731 69 56
2018-06-30 716 67 59
2018-03-31 683 70 56
2017-12-31 657 57 52
2017-09-30 634 66 45
2017-06-30 620 72 41
2017-03-31 624 72 39
2016-12-31 615 43 33
2016-09-30 616 54 29
2016-06-30 619 45 29
2016-03-31 610 42 26
2015-12-31 602 48 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Softronic's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Softronic is high growth as no revenue estimate data is available.
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:SF7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Softronic Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SF7 Past Financials Data
Date (Data in SEK Millions) EPS *
2018-09-30 1.07
2018-06-30 1.13
2018-03-31 1.07
2017-12-31 0.98
2017-09-30 0.86
2017-06-30 0.78
2017-03-31 0.74
2016-12-31 0.63
2016-09-30 0.55
2016-06-30 0.55
2016-03-31 0.50
2015-12-31 0.57

*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.
  • Unable to establish if Softronic will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Softronic'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Softronic 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.

Past Performance

  How has Softronic 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 Softronic's growth in the last year to its industry (IT).
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.
  • Softronic has delivered over 20% year on year earnings growth in the past 5 years.
  • Softronic's 1-year earnings growth exceeds its 5-year average (25% vs 20.1%)
  • Softronic's earnings growth has exceeded the DE IT industry average in the past year (25% vs 13.1%).
Earnings and Revenue History
Softronic'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 Softronic Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SF7 Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 730.60 56.47 51.82
2018-06-30 715.90 59.27 52.22
2018-03-31 683.50 56.27 53.22
2017-12-31 657.00 51.77 54.52
2017-09-30 633.99 45.16 55.13
2017-06-30 619.89 40.96 54.23
2017-03-31 623.59 39.16 54.53
2016-12-31 614.69 32.96 53.53
2016-09-30 615.89 29.13 53.46
2016-06-30 618.89 28.83 52.76
2016-03-31 609.59 26.43 51.06
2015-12-31 601.89 29.83 49.86
2015-09-30 579.47 26.83 49.79
2015-06-30 560.34 23.98 49.88
2015-03-31 547.22 21.66 49.90
2014-12-31 539.38 18.91 50.29
2014-09-30 545.26 25.14 49.50
2014-06-30 544.50 27.29 49.07
2014-03-31 553.04 29.51 49.00
2013-12-31 551.92 27.46 47.99
2013-09-30 550.72 24.02 48.02
2013-06-30 547.63 22.08 47.67
2013-03-31 520.97 16.51 47.58
2012-12-31 516.73 22.70 47.14
2012-09-30 511.63 23.58 47.70
2012-06-30 510.67 25.25 47.42
2012-03-31 518.63 26.25 47.31

*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.
  • Softronic has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Softronic used its assets more efficiently than the DE IT industry average last year based on Return on Assets.
  • Softronic has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Softronic'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 IT 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.
Softronic has a total score of 6/6, 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.

Health

 How is Softronic'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 Softronic's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Softronic is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Softronic's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Softronic'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.
  • Softronic has no debt, it does not need to be covered by short term assets.
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 Softronic Company Filings, last reported 4 months ago.

DB:SF7 Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 257.20 0.00 96.50
2018-06-30 248.70 0.00 85.00
2018-03-31 272.10 0.00 118.00
2017-12-31 258.10 0.00 87.69
2017-09-30 240.20 0.00 69.50
2017-06-30 228.90 0.00 60.70
2017-03-31 242.10 0.00 77.00
2016-12-31 232.64 0.00 62.27
2016-09-30 221.30 0.00 41.10
2016-06-30 214.20 0.00 26.60
2016-03-31 229.30 0.00 42.30
2015-12-31 226.03 0.00 57.65
2015-09-30 218.56 0.00 18.48
2015-06-30 211.79 0.00 12.75
2015-03-31 226.64 0.00 38.10
2014-12-31 219.92 0.00 47.74
2014-09-30 215.49 0.00 18.85
2014-06-30 211.52 0.00 15.96
2014-03-31 228.62 0.00 52.96
2013-12-31 224.66 0.00 37.22
2013-09-30 214.01 0.00 7.65
2013-06-30 207.91 0.00 5.28
2013-03-31 222.75 0.00 32.07
2012-12-31 220.79 0.00 34.73
2012-09-30 213.56 0.00 14.58
2012-06-30 209.43 0.00 17.92
2012-03-31 229.89 0.00 60.69
  • Softronic has no debt.
  • Softronic has not taken on any debt in the past 5 years.
  • Softronic has no debt, it does not need to be covered by operating cash flow.
  • Softronic has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Softronic'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. Softronic has a total score of 6/6, 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.

Dividends

 What is Softronic'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
4.55%
Current annual income from Softronic dividends.
If you bought €2,000 of Softronic shares you are expected to receive €91 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?
  • Softronic's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.53%).
  • Softronic's dividend is above the markets top 25% of dividend payers in Germany (3.96%).
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:SF7 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 0 Analyst Estimates (S&P Global) See Below
Germany IT Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 0.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

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

DB:SF7 Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2018-04-11 0.750 4.208
2018-02-22 0.750 5.016
2017-04-11 0.500 4.387
2017-02-23 0.500 5.754
2016-04-11 0.500 6.210
2016-02-18 0.500 6.010
2015-04-10 0.450 6.427
2015-02-19 0.450 6.618
2014-03-31 0.450 6.518
2014-02-14 0.450 6.382
2013-04-11 0.450 7.130
2013-02-14 0.450 6.326
2012-04-02 0.450 7.369
2012-02-16 0.450 6.102
2011-03-31 0.450 7.013
2011-02-17 0.450 5.410
2010-03-01 0.450 6.175
2010-01-15 0.450 6.360
2009-02-19 0.300 5.100

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Softronic's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Softronic's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Softronic afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Softronic has a total score of 5/6, see the detailed checks below.


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

Management

 What is the CEO of Softronic'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
Tommy Eriksson
COMPENSATION SEK3,415,000
AGE 57
TENURE AS CEO 35.1 years
CEO Bio

Mr. Tommy Eriksson serves as Chief Executive Officer of Seamless Distribution Systems AB (publ). He served as Chief Operating Officer and Deputy Chief Executive Officer at Seamless Distribution Systems AB (publ) since May 4, 2017. Mr. Eriksson is the Founder of Softronic AB and has been its Chief Executive Officer since 1984. Mr. Eriksson served as the Chief Operating Officer of Seamless Distribution AB. Between 2014 and 2017 Mr. Eriksson was with Naviq AB, Chief Executive Officer of SDS. He served as Chief Executive Officer and a Board Member of SDS, Chief Executive Officer and Chairman of Exformation Care AB and Chief Executive Officer and Chairman of The Mollet AB. He served as Managing Director of Seamless Distribution AB since October 13, 2016 until July 20, 2017. He served as Chief Executive Officer of Seamless Distribution at Seamless Distribution AB until July 20, 2017. Mr. Eriksson served as Managing Director of Softronic AB. He served as Vice President of Professional Services and Member of the Management Team at Seamless Distribution AB since June 2010. Mr. Eriksson served as a Head of Project Managers - Delivery Team at Seamless Distribution AB since February 2010. He served as President of BlueLabs of Acando AB. He has been a Director of Softronic AB since 1984. For years, he has worked with mobile operators across the globe and he is familiar with many of Seamless' existing and potential customers. Before joining Seamless, he held various senior positions in different companies within the Siemens group and in his latest challenge he served as Director of Global Services at telecom technology provider SmartTrust. Mr. Eriksson currently has board memberships within the Naviq Group and E-Distribution Systems Pvt Ltd. He served as a Board member and part owner of Synavos Solution Pvt Ltd and a Board Member of other companies within the Seamless Group. He holds Master of Science in Engineering Physics from University of Uppsala.

CEO Compensation
  • Tommy's compensation has been consistent with company performance over the past year.
  • Tommy's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

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

17.6
Average Tenure
53.5
Average Age
  • The average tenure for the Softronic management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tommy Eriksson

TITLE
Founder
COMPENSATION
SEK3M
AGE
57
TENURE
35.1 yrs

Anders Bergman

TITLE
Chief Financial Officer
AGE
54
TENURE
15.1 yrs

Mathias Kjellberg

TITLE
Chief Operating Officer
AGE
47
TENURE
20.1 yrs

Leif Sjöberg

TITLE
Marketing Director
AGE
64
TENURE
14.1 yrs

Claes Brickell

TITLE
Head of Sales
AGE
52

Joachim Lundberg

TITLE
Manager of Group Functions
AGE
53
Board of Directors Tenure

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

16.1
Average Tenure
56
Average Age
  • The average tenure for the Softronic board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Petter Stillström

TITLE
Chairman
COMPENSATION
SEK170K
AGE
46

Tommy Eriksson

TITLE
Founder
COMPENSATION
SEK3M
AGE
57
TENURE
35.1 yrs

Mats Runsten

TITLE
Director
COMPENSATION
SEK85K
AGE
60
TENURE
18.1 yrs

Cecilia Nilsson

TITLE
Director
AGE
53
TENURE
16.1 yrs

Thomas Högstöm

TITLE
Director
AGE
55
TENURE
9.1 yrs

Stig Martin

TITLE
Director
COMPENSATION
SEK85K
AGE
73
TENURE
35.1 yrs

Anders Nilsson

TITLE
Director
COMPENSATION
SEK85K
AGE
67
TENURE
6.1 yrs

Carl Östring

TITLE
Director
AGE
44

Evert Carlsson

TITLE
Director

Jeanna Rutherhill

TITLE
Director
TENURE
5.1 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 (€)
07. Jun 18 Sell Lars Bäck Individual 07. Jun 18 07. Jun 18 -10,000 €2.06 €-20,583
02. Mar 18 Buy Jeanna Rutherhill Individual 28. Feb 18 28. Feb 18 500 €1.48 €738
X
Management checks
We assess Softronic'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. Softronic 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.

News

Simply Wall St News

Company Info

Map
Description

Softronic AB provides IT and management services in primarily in Sweden. The company offers scanning, application hosting, secure communication, digital sales platform, cyber defense as a service, compliance manager, business system, office support, travel and event, issue management system, e-commerce, e-health, and digitization solutions. It also provides artificial intelligence, member system, premium solution partner, digital market communication, it and business management, customer care system, and outsourcing solutions, as well as solutions for administration and communication between students, teachers, and parents. Softronic AB was founded in 1984 and is headquartered in Stockholm, Sweden.

Details
Name: Softronic AB
SF7
Exchange: DB
Founded: 1984
SEK82,952,165
52,632,803
Website: http://www.softronic.se
Address: Softronic AB
Hammarby kaj 10A,
Stockholm,
120 32,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM SOF B Class B Shares OMX Nordic Exchange Stockholm SE SEK 03. Dec 1998
DB SF7 Class B Shares Deutsche Boerse AG DE EUR 03. Dec 1998
LSE 0GU8 Class B Shares London Stock Exchange GB SEK 03. Dec 1998
Number of employees
Current staff
Staff numbers
0
Softronic employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 22:39
End of day share price update: 2019/02/18 00:00
Last earnings filing: 2018/10/25
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.