Lagercrantz Group AB (publ) operates as a technology company in the Europe, China, and the United states.
Outstanding track record with excellent balance sheet and pays a dividend.
Share Price & News
How has Lagercrantz Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LG7's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LG7 exceeded the German Electronic industry which returned 13.9% over the past year.
Return vs Market: LG7 exceeded the German Market which returned 15% over the past year.
Price Volatility Vs. Market
How volatile is Lagercrantz Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Lagercrantz Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LG7 (€15.58) is trading above our estimate of fair value (€12.66)
Significantly Below Fair Value: LG7 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LG7 is good value based on its PE Ratio (30.6x) compared to the Electronic industry average (33.7x).
PE vs Market: LG7 is poor value based on its PE Ratio (30.6x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: LG7 is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: LG7 is overvalued based on its PB Ratio (7x) compared to the DE Electronic industry average (1.8x).
How is Lagercrantz Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LG7's forecast earnings growth (9.9% per year) is above the savings rate (-0.4%).
Earnings vs Market: LG7's earnings (9.9% per year) are forecast to grow slower than the German market (13.3% per year).
High Growth Earnings: LG7's earnings are forecast to grow, but not significantly.
Revenue vs Market: LG7's revenue (7.3% per year) is forecast to grow faster than the German market (5% per year).
High Growth Revenue: LG7's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LG7's Return on Equity is forecast to be high in 3 years time (22.9%)
How has Lagercrantz Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LG7 has high quality earnings.
Growing Profit Margin: LG7's current net profit margins (8.9%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: LG7's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: LG7's earnings growth over the past year (12.8%) exceeds its 5-year average (11.7% per year).
Earnings vs Industry: LG7 earnings growth over the past year (12.8%) exceeded the Electronic industry -3.9%.
Return on Equity
High ROE: LG7's Return on Equity (22.8%) is considered high.
Return on Assets
Return on Capital Employed
How is Lagercrantz Group's financial position?
Financial Position Analysis
Short Term Liabilities: LG7's short term assets (SEK1.5B) do not cover its short term liabilities (SEK1.6B).
Long Term Liabilities: LG7's short term assets (SEK1.5B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: LG7 is debt free.
Reducing Debt: LG7 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: LG7 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LG7 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: LG7 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LG7's debt is covered by short term assets.
What is Lagercrantz Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: LG7's dividend (1.5%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: LG7's dividend (1.5%) is low compared to the top 25% of dividend payers in the German market (3.59%).
Stability and Growth of Payments
Stable Dividend: LG7's dividends per share have been stable in the past 10 years.
Growing Dividend: LG7's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.9%), LG7's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LG7's dividends in 3 years are forecast to be well covered by earnings (42.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jörgen Wigh (54yo)
Mr. Jörgen Wigh, M.Sc. Econ., is the founder of PriceGain. Mr. Wigh serves as Chairman of the Board of Bergman & Beving AB (publ) since 2019 and serves as its Director since 2019. Mr. Wigh serves as the Pr ...
CEO Compensation Analysis
Compensation vs Market: Jörgen's total compensation ($USD953.05K) is about average for companies of similar size in the German market ($USD1.15M).
Compensation vs Earnings: Jörgen's compensation has been consistent with company performance over the past year.
|Executive VP & Head of Business Development||11.4yrs||kr5.44m||0.40% SEK4.2m|
|Chief Financial Officer||0.8yrs||no data||no data|
|Vice President of Communications||1.1yrs||no data||no data|
|CEO of Lagercrantz A/S & M&A Lagercrantz Denmark||0yrs||kr568.00k||no data|
|Group Controller||0yrs||no data||no data|
Experienced Management: LG7's management team is seasoned and experienced (6.3 years average tenure).
|Director||1.1yrs||no data||no data|
|Chairman of the Board||14.5yrs||kr440.00k||0.090% SEK969.2k|
|Director||4.1yrs||no data||0.0015% SEK15.9k|
|Director||4.1yrs||no data||0.027% SEK285.1k|
|Director||1.4yrs||no data||no data|
Experienced Board: LG7's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LG7 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lagercrantz Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Lagercrantz Group AB (publ)
- Ticker: LG7
- Exchange: DB
- Founded: 1906
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: kr11.297b
- Listing Market Cap: kr1.073b
- Shares outstanding: 67.73m
- Website: https://www.lagercrantz.com
Number of Employees
- Lagercrantz Group AB (publ)
- Torsgatan 2
- PO Box 3508
- Stockholm County
- 103 69
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LAGR B||OM (OMX Nordic Exchange Stockholm)||SER'B'NPV (POST SPLIT)||SE||SEK||No data|
|LAGR B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Shares||SE||SEK||Sep 2001|
|0RB7||LSE (London Stock Exchange)||Yes||Class B Shares||GB||SEK||Sep 2001|
|LAGRBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Shares||GB||SEK||Sep 2001|
|LG7||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Sep 2001|
Lagercrantz Group AB (publ) operates as a technology company in the Europe, China, and the United states. The company operates through four divisions: Electronics, Mechatronics, Communications, and Niche Products. The Electronics division offers special products in embedded electronics, industrial wireless communication, RFID, and light controls. The Mechatronics division provides electric connections systems, electric installation materials, electric and electro-mechanical components, and wiring harness for the manufacturing, power production, electricity distribution, infrastructure, and property sectors. The Communications division offers products, systems, services, and support in the areas of network access, and digital image transmission/technical security, as well as control systems and software. The Niche Products division produces and sells proprietary technical products and solutions to other companies. This division provides products used in manufacturing and dispensing foodstuffs; material handling machinery; furniture and fittings for workplaces, shops, or warehouses; special plastic doors; and galvanized steel wires for roadway, mast, and agriculture applications, as well as provides snow clearance, and airport runway cleaning services. Lagercrantz Group AB (publ) was founded in 1906 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 23:01|
|End of Day Share Price||2020/02/14 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.