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Collector

LSE:0R8T
Snowflake Description

Undervalued with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0R8T
LSE
SEK5B
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Collector AB (publ) provides financial services to individuals and companies in Sweden and internationally. The last earnings update was 13 days ago. More info.


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0R8T Share Price and Events
7 Day Returns
-0.8%
LSE:0R8T
0%
GB Banks
1.5%
GB Market
1 Year Returns
-19.6%
LSE:0R8T
-9.9%
GB Banks
2.1%
GB Market
0R8T Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Collector (0R8T) -0.8% 0.8% 4.9% -19.6% -63.3% -
GB Banks 0% 7.6% 6.2% -9.9% 15.3% -12.2%
GB Market 1.5% 5.2% 9.7% 2.1% 17.8% 6.8%
1 Year Return vs Industry and Market
  • 0R8T underperformed the Banks industry which returned -9.9% over the past year.
  • 0R8T underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.1% over the past year.
Price Volatility
0R8T
Industry
5yr Volatility vs Market

0R8T Value

 Is Collector 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 Collector 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 Collector.

LSE:0R8T Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= SEK48.71 * 16.7%
SEK8.11
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. SEK48.71
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 LSE:0R8T
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.595 (1 + (1- 22%) (62.48%))
0.923
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.923 * 5.96%)
6.73%

Discounted Cash Flow Calculation for LSE:0R8T using Excess Returns Model Model

The calculations below outline how an intrinsic value for Collector is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0R8T Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (16.7% – 6.73%) * SEK48.71)
SEK4.83
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= SEK4.83 / (6.73% - 1.23%)
SEK87.87
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= SEK48.71 + SEK87.87
SEK136.58
LSE:0R8T Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0R8T represents 0.99805x of OM:COLL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99805x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 136.58 x 0.99805
SEK136.32
Value per share (SEK) From above. SEK136.32
Current discount Discount to share price of SEK51.30
= -1 x (SEK51.30 - SEK136.32) / SEK136.32
62.4%

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

Current Discount
Amount off the current price Collector is available for.
Intrinsic value
>50%
Share price is SEK51.3 vs Future cash flow value of SEK136.32
Current Discount Checks
For Collector to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Collector's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Collector's share price is below the future cash flow value, and 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 Collector's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Collector's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0R8T PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK5.51
OM:COLL Share Price ** OM (2019-04-24) in SEK SEK51.4
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 10.28x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.16x

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

** Primary Listing of Collector.

LSE:0R8T PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 51.4 ÷ 5.51

9.33x

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

  • Collector is good value based on earnings compared to the GB Banks industry average.
  • Collector is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Collector's expected growth come at a high price?
Raw Data
LSE:0R8T PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
16.3%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

LSE:0R8T PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.33x ÷ 16.3%

0.57x

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

  • Collector is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Collector's assets?
Raw Data
LSE:0R8T PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK33.84
OM:COLL Share Price * OM (2019-04-24) in SEK SEK51.4
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
LSE:0R8T PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 51.4 ÷ 33.84

1.52x

* Primary Listing of Collector.

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

  • Collector is overvalued based on assets compared to the GB Banks industry average.
X
Value checks
We assess Collector'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 Banks 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 Banks industry average (and greater than 0)? (1 check)
  5. Collector has a total score of 5/6, 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.

0R8T Future Performance

 How is Collector expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
16.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Collector expected to grow at an attractive rate?
  • Collector's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Collector's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Collector's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0R8T Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0R8T Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 16.3%
LSE:0R8T Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 13.1%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
LSE:0R8T Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0R8T Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,964 944 2
2020-12-31 2,579 816 2
2019-12-31 2,204 711 2
LSE:0R8T Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 2,021 -6,005 566
2018-09-30 2,161 -4,299 541
2018-06-30 2,090 -3,905 535
2018-03-31 2,006 -4,797 516
2017-12-31 1,744 -5,338 517
2017-09-30 1,834 -6,288 507
2017-06-30 1,716 -5,635 467
2017-03-31 1,607 -4,741 433
2016-12-31 1,513 -4,290 405
2016-09-30 1,410 -3,526 375
2016-06-30 1,332 -3,961 348
2016-03-31 1,264 -3,380 315

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Collector's earnings are expected to grow by 16.3% yearly, however this is not considered high growth (20% yearly).
  • Collector's revenue is expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
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
LSE:0R8T Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Collector Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0R8T Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 9.20 10.30 8.11 2.00
2020-12-31 7.96 8.40 7.53 2.00
2019-12-31 6.94 7.00 6.88 2.00
LSE:0R8T Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 5.51
2018-09-30 5.26
2018-06-30 5.20
2018-03-31 5.02
2017-12-31 5.03
2017-09-30 4.95
2017-06-30 4.67
2017-03-31 4.43
2016-12-31 4.24
2016-09-30 4.02
2016-06-30 3.72
2016-03-31 3.43

*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.
  • Collector is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Collector'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Collector has a total score of 3/6, 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.

0R8T Past Performance

  How has Collector 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 Collector's growth in the last year to its industry (Banks).
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.
  • Collector has delivered over 20% year on year earnings growth in the past 5 years.
  • Collector's 1-year earnings growth is less than its 5-year average (9.5% vs 25.4%)
  • Collector's earnings growth has not exceeded the GB Banks industry average in the past year (9.5% vs 42.2%).
Earnings and Revenue History
Collector'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 Collector Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0R8T Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,021.00 566.00 368.00
2018-09-30 2,161.00 541.00 350.00
2018-06-30 2,090.00 535.00 339.00
2018-03-31 2,006.00 516.00 320.00
2017-12-31 1,744.00 517.00 306.00
2017-09-30 1,834.00 507.00 291.00
2017-06-30 1,716.00 467.00 282.00
2017-03-31 1,607.00 433.00 265.00
2016-12-31 1,513.00 405.00 251.00
2016-09-30 1,410.00 375.00 238.00
2016-06-30 1,332.00 348.00 225.00
2016-03-31 1,264.00 315.00 212.00
2015-12-31 1,185.00 284.00 201.00
2015-09-30 1,131.10 255.00 195.00
2015-06-30 1,057.10 226.00 190.00
2015-03-31 980.96 207.27 185.95
2014-12-31 915.10 188.00 182.00
2013-12-31 697.44 146.41 158.14
2012-12-31 590.74 112.41 142.56

*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.
  • Collector has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Collector used its assets more efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Collector improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Collector'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 Banks 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.
Collector has a total score of 2/6, 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.

0R8T Health

 How is Collector's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Collector'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.
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 Collector Company Filings, last reported 3 months ago.

LSE:0R8T Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,475.00 3,298.00 2,066.00
2018-09-30 3,326.00 3,456.00 1,315.00
2018-06-30 3,174.00 3,771.00 969.00
2018-03-31 3,024.00 3,885.00 1,172.00
2017-12-31 3,079.00 3,381.00 1,559.00
2017-09-30 2,952.00 2,871.00 1,800.00
2017-06-30 2,804.00 2,771.00 2,016.00
2017-03-31 2,678.00 2,248.00 2,088.00
2016-12-31 2,566.00 806.00 1,054.00
2016-09-30 1,941.00 905.00 948.00
2016-06-30 1,830.00 18.00 1,002.00
2016-03-31 1,734.00 494.00 1,396.00
2015-12-31 1,649.00 0.00 870.00
2015-09-30 1,559.00 0.00 727.00
2015-06-30 1,483.00 0.00 1,412.00
2015-03-31 1,049.50 3.06 904.75
2014-12-31 995.00 1.00 637.00
2013-12-31 635.42 0.00 529.28
2012-12-31 512.10 12.37 640.85
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Collector has an acceptable proportion of non-loan assets held.
  • Collector's liabilities are made up of primarily low risk sources of funding.
  • Loans at Collector are broadly funded by customer deposits.
  • Collector's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Collector has a low allowance for bad loans.
  • Collector has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Collector'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. Collector has a total score of 4/6, 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.

0R8T Dividends

 What is Collector'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
0%
Current annual income from Collector dividends. Estimated to be 1.7% next year.
If you bought SEK2,000 of Collector shares you are expected to receive SEK0 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?
  • Unable to evaluate Collector's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Collector's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
LSE:0R8T 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 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Banks Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

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

LSE:0R8T Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.00 1.00
2020-12-31 1.50 1.00
2019-12-31 0.00 2.00
LSE:0R8T Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2015-11-03 0.000 0.000
2015-07-17 0.000 0.000
2015-06-10 0.000 0.000

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

  • Unable to perform a dividend volatility check as Collector has not reported any payouts.
  • Unable to verify if Collector's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Collector's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Collector has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.6x coverage).
X
Income/ dividend checks
We assess Collector's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Collector afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Collector has a total score of 1/6, see the detailed checks below.


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

0R8T Management

 What is the CEO of Collector'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
Martin Nossman
COMPENSATION SEK5,540,000
AGE 47
TENURE AS CEO 0.7 years
CEO Bio

Mr. Martin Nossman is Chief Executive Officer at Collector Bank AB and Collector AB (publ) since August 01, 2018. He has an MSc in Business and Economics from Lund University and has worked at Handelsbanken for over 20 years. In the last ten years he has held a number of leading positions within Handelsbanken Capital Markets with major responsibility for profitability and earnings. His management positions have involved responsibility for restructuring, efficiency improvements, digitalisation and business development. He has also worked with risk management, IT and systems development. He has had ultimate HR responsibility for over 1,000 colleagues and delivered high growth with significant improvements in earnings.

CEO Compensation
  • Insufficient data for Martin to compare compensation growth.
  • Martin's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

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

1.3
Average Tenure
57
Average Age
  • The average tenure for the Collector management team is less than 2 years, this suggests a new team.
Management Team

Lena Apler

TITLE
Founder & Chairman of the Board
COMPENSATION
SEK2M
AGE
67
TENURE
29.3 yrs

Martin Nossman

TITLE
Chief Executive Officer
COMPENSATION
SEK6M
AGE
47
TENURE
0.7 yrs

Johan Möller

TITLE
Co-Founder
COMPENSATION
SEK1M
AGE
69
TENURE
29.3 yrs

Susanne Bruce

TITLE
COO & Vice CEO
AGE
57
TENURE
1.3 yrs

Jonas Björkman

TITLE
Chief Information Officer
TENURE
0.3 yrs

Madeleine Mörch

TITLE
Finance & IR Manager

Håkan Svensson

TITLE
Head of Compliance
TENURE
1.3 yrs

Lars Jansson

TITLE
General Counsel
AGE
65
TENURE
1.3 yrs

Johanna Niklasson

TITLE
Chief Digital Marketing & Communications Officer
AGE
39
TENURE
1.3 yrs

Sofia Brax

TITLE
Chief HR & Sustainability Officer
AGE
51
TENURE
0.3 yrs
Board of Directors Tenure

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

2.5
Average Tenure
49.5
Average Age
  • The average tenure for the Collector board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lena Apler

TITLE
Founder & Chairman of the Board
COMPENSATION
SEK2M
AGE
67
TENURE
1.3 yrs

Erik Selin

TITLE
Vice Chairman
COMPENSATION
SEK500K
AGE
51
TENURE
5.3 yrs

Christoffer Lundström

TITLE
Independent Director
COMPENSATION
SEK300K
AGE
45
TENURE
12.3 yrs

Cecilia Lager

TITLE
Director
COMPENSATION
SEK400K
AGE
55
TENURE
3 yrs

Anna Settman

TITLE
Director
COMPENSATION
SEK300K
AGE
48
TENURE
2 yrs

Patrik Reuterskiöld

TITLE
Director
COMPENSATION
SEK400K
AGE
42
TENURE
2 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 (SEK) Value (SEK)
22. Dec 18 Buy Helichrysum Gruppen Ab Company 21. Dec 18 21. Dec 18 50,000 SEK49.57 SEK2,478,500
09. Nov 18 Buy Erik Selin Individual 08. Nov 18 08. Nov 18 85,000 SEK57.13 SEK4,856,050
08. Nov 18 Buy Erik Selin Individual 07. Nov 18 07. Nov 18 315,000 SEK54.36 SEK17,123,400
31. Oct 18 Buy Helichrysum Gruppen Ab Company 30. Oct 18 30. Oct 18 50,000 SEK52.20 SEK2,610,000
13. Jun 18 Buy Helichrysum Gruppen Ab Company 13. Jun 18 13. Jun 18 70,000 SEK59.60 SEK4,172,000
X
Management checks
We assess Collector'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. Collector 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.

0R8T News

Simply Wall St News

0R8T Company Info

Description

Collector AB (publ) provides financial services to individuals and companies in Sweden and internationally. The company operates in two segments, Retail and Corporate. The Retail segment offers personal loans, credit cards, and payment solutions; and invoice and payments by installments to e-commerce and retail companies, as well as deposits. The Corporate segment provides factoring loans, company credits, and property finances, as well as past due acquired loans; and debt collection services. Collector AB (publ) was incorporated in 1998 and is headquartered in Gothenburg, Sweden.

Details
Name: Collector AB
0R8T
Exchange: LSE
Founded: 1998
SEK5,278,291,802
102,690,502
Website: http://www.collector.se
Address: Collector AB
Lilla Bommens Torg 11,
Gothenburg,
Västra Götaland County, 411 09,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM COLL Ordinary Shares OMX Nordic Exchange Stockholm SE SEK 10. Jun 2015
LSE 0R8T Ordinary Shares London Stock Exchange GB SEK 10. Jun 2015
BATS-CHIXE COLLS Ordinary Shares BATS 'Chi-X Europe' GB SEK 10. Jun 2015
Number of employees
Current staff
Staff numbers
390
Collector employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 22:54
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/23
Last earnings filing: 2019/04/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.