Garo Aktiebolag (publ)

BATS-CHIXE:GAROS Stock Report

Market Cap: SEK 1.6b

Garo Aktiebolag Past Earnings Performance

Past criteria checks 1/6

Garo Aktiebolag has been growing earnings at an average annual rate of 11.5%, while the Electrical industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 11% per year. Garo Aktiebolag's return on equity is 11.4%, and it has net margins of 5.2%.

Key information

11.5%

Earnings growth rate

11.5%

EPS growth rate

Electrical Industry Growth8.6%
Revenue growth rate11.0%
Return on equity11.4%
Net Margin5.2%
Next Earnings Update10 Nov 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Garo Aktiebolag makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:GAROS Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 231,415745110
31 Mar 231,379884940
31 Dec 221,3911214810
30 Sep 221,4171604580
30 Jun 221,3941734410
31 Mar 221,3861824310
31 Dec 211,2961674100
30 Sep 211,2351553950
30 Jun 211,1891443830
31 Mar 211,0881193590
31 Dec 201,046953560
30 Sep 201,015853480
30 Jun 201,004753510
31 Mar 201,012763580
31 Dec 191,011863580
30 Sep 191,004873570
30 Jun 19981923500
31 Mar 19947883350
31 Dec 18906833210
30 Sep 18876833130
30 Jun 18847843050
31 Mar 18824862970
31 Dec 17797862830
30 Sep 17758812660
30 Jun 17723762490
31 Mar 17691732330
31 Dec 16659572210
30 Sep 16629462120
30 Jun 16616452050
31 Mar 16588391980
31 Dec 15557461890
31 Dec 14442231660
31 Dec 13383151570

Quality Earnings: GAROS has a high level of non-cash earnings.

Growing Profit Margin: GAROS's current net profit margins (5.2%) are lower than last year (12.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GAROS's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: GAROS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GAROS had negative earnings growth (-57.2%) over the past year, making it difficult to compare to the Electrical industry average (-9.7%).

Return on Equity

High ROE: GAROS's Return on Equity (11.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/23 15:57
End of Day Share Price 2023/07/27 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Garo Aktiebolag (publ) is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olof CederholmABG Sundal Collier Sponsored
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Lars TopholmCarnegie Investment Bank AB