Reported Earnings • Jul 12
Second quarter 2026 earnings released: EPS: kr3.41 (vs kr2.75 in 2Q 2025) Second quarter 2026 results: EPS: kr3.41 (up from kr2.75 in 2Q 2025). Revenue: kr2.26b (up 3.0% from 2Q 2025). Net income: kr200.0m (up 24% from 2Q 2025). Profit margin: 8.8% (up from 7.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jul 10
Byggmax Group AB (publ) to Report Q1, 2027 Results on Apr 16, 2027 Byggmax Group AB (publ) announced that they will report Q1, 2027 results on Apr 16, 2027 Upcoming Dividend • May 02
Upcoming dividend of kr1.65 per share Eligible shareholders must have bought the stock before 08 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.1%). New Risk • Apr 20
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Apr 19
First quarter 2026 earnings released: kr1.84 loss per share (vs kr1.91 loss in 1Q 2025) First quarter 2026 results: kr1.84 loss per share (improved from kr1.91 loss in 1Q 2025). Revenue: kr890.0m (down 4.2% from 1Q 2025). Net loss: kr108.0m (loss narrowed 3.6% from 1Q 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to kr53.70. The fair value is estimated to be kr67.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Mar 31
Andréas Elgaard Declines Re-Election as A Board Member of Byggmax Group AB (Publ) Byggmax Group AB (publ) announced that Andréas Elgaard has declined re-election as a Board member. Buy Or Sell Opportunity • Mar 19
Now 21% undervalued Over the last 90 days, the stock has risen 4.4% to kr54.50. The fair value is estimated to be kr69.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Recent Insider Transactions • Feb 16
Independent Director recently bought kr183k worth of stock On the 12th of February, Daniel Muhlbach bought around 3k shares on-market at roughly kr61.00 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr23k more in shares than they have sold in the last 12 months. Declared Dividend • Feb 09
Dividend increased to kr1.65 Dividend of kr1.65 is 120% higher than last year. Ex-date: 8th May 2026 Payment date: 15th May 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 01
Full year 2025 earnings released: EPS: kr3.26 (vs kr1.14 in FY 2024) Full year 2025 results: EPS: kr3.26 (up from kr1.14 in FY 2024). Revenue: kr6.17b (up 2.7% from FY 2024). Net income: kr191.0m (up 185% from FY 2024). Profit margin: 3.1% (up from 1.1% in FY 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jan 30
Byggmax Group AB (Publ) Proposes Dividend for 2025 The Board of Directors of Byggmax Group AB (publ) proposed a dividend for 2025 of SEK 1.65 (0.75) per share. Announcement • Oct 30
Byggmax Group AB (publ), Annual General Meeting, May 07, 2026 Byggmax Group AB (publ), Annual General Meeting, May 07, 2026. Buy Or Sell Opportunity • Oct 26
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to kr47.10. The fair value is estimated to be kr61.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 54% in the next 2 years. Announcement • Oct 25
Byggmax Group AB (publ) to Report Q2, 2026 Results on Jul 10, 2026 Byggmax Group AB (publ) announced that they will report Q2, 2026 results on Jul 10, 2026 New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Jul 14
Byggmax Group AB (publ) to Report Q1, 2026 Results on Apr 17, 2026 Byggmax Group AB (publ) announced that they will report Q1, 2026 results on Apr 17, 2026 Reported Earnings • Jul 13
Second quarter 2025 earnings released: EPS: kr2.75 (vs kr1.84 in 2Q 2024) Second quarter 2025 results: EPS: kr2.75 (up from kr1.84 in 2Q 2024). Revenue: kr2.21b (up 5.2% from 2Q 2024). Net income: kr161.0m (up 49% from 2Q 2024). Profit margin: 7.3% (up from 5.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • May 06
Byggmax Group AB (Publ) Approves Dividend for the Financial Year 2024, Payable on May 13, 2025 Byggmax Group AB (publ) at its AGM held on May 6, 2025 approved dividend for the financial year 2024 be paid in an amount of SEK 0.75 per share, a total of SEK 43,968,783.75. The record date will be May 8, 2025. Eexpected to be paid on the third banking day after the record date, on May 13, 2025. Upcoming Dividend • May 01
Upcoming dividend of kr0.75 per share Eligible shareholders must have bought the stock before 07 May 2025. Payment date: 13 May 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (3.9%). Recent Insider Transactions • Apr 25
Chief Commercial Officer recently sold kr160k worth of stock On the 23rd of April, Per Haraldsson sold around 3k shares on-market at roughly kr48.45 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr2.1m more than they sold in the last 12 months. Reported Earnings • Apr 07
Full year 2024 earnings released: EPS: kr1.14 (vs kr0.44 in FY 2023) Full year 2024 results: EPS: kr1.14 (up from kr0.44 in FY 2023). Revenue: kr6.01b (down 2.1% from FY 2023). Net income: kr67.0m (up 158% from FY 2023). Profit margin: 1.1% (up from 0.4% in FY 2023). The increase in margin was driven by lower expenses. Like-for-like sales growth: Down 2.2% vs FY 2023 Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Feb 09
President & CEO recently bought kr1.2m worth of stock On the 5th of February, Karl Sandlund bought around 25k shares on-market at roughly kr49.70 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Karl's only on-market trade for the last 12 months. Declared Dividend • Feb 07
Dividend increased to kr0.75 Dividend of kr0.75 is 50% higher than last year. Ex-date: 7th May 2025 Payment date: 13th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 149% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 31
Full year 2024 earnings released: EPS: kr1.14 (vs kr0.44 in FY 2023) Full year 2024 results: EPS: kr1.14 (up from kr0.44 in FY 2023). Revenue: kr6.02b (down 1.9% from FY 2023). Net income: kr67.0m (up 158% from FY 2023). Profit margin: 1.1% (up from 0.4% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: kr2.88 (vs kr2.35 in 3Q 2023) Third quarter 2024 results: EPS: kr2.88 (up from kr2.35 in 3Q 2023). Revenue: kr1.97b (flat on 3Q 2023). Net income: kr169.0m (up 23% from 3Q 2023). Profit margin: 8.6% (up from 7.0% in 3Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Oct 25
Byggmax Group AB (publ) to Report Q2, 2025 Results on Jul 11, 2025 Byggmax Group AB (publ) announced that they will report Q2, 2025 results on Jul 11, 2025 Announcement • Oct 17
Byggmax Group AB (publ), Annual General Meeting, May 06, 2025 Byggmax Group AB (publ), Annual General Meeting, May 06, 2025. Recent Insider Transactions • Aug 21
Chief Commercial Officer recently bought kr998k worth of stock On the 16th of August, Per Haraldsson bought around 27k shares on-market at roughly kr36.93 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: kr1.84 (vs kr2.00 in 2Q 2023) Second quarter 2024 results: EPS: kr1.84 (down from kr2.00 in 2Q 2023). Revenue: kr2.08b (down 5.5% from 2Q 2023). Net income: kr108.0m (down 7.7% from 2Q 2023). Profit margin: 5.2% (down from 5.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Jul 12
Byggmax Group AB (publ) to Report Q1, 2025 Results on Apr 16, 2025 Byggmax Group AB (publ) announced that they will report Q1, 2025 results on Apr 16, 2025 Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Catharina Fagerholm was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 06
Byggmax Group AB (publ) Approves Dividend for the Financial Year 2023, Payable on May 14, 2024 Byggmax Group AB (publ) announced that at the Annual General Meeting held on May 6, 2024 resolved, in accordance with the Board's proposal, that a dividend for the financial year 2023 be paid in an amount of SEK 0.50 per share, a total of SEK 29,312,522.50. The record date will be May 8, 2024. The dividend is administered by Euroclear Sweden AB and is expected to be paid on the third banking day after the record date, i.e. on May 14, 2024. The remaining profits shall be carried forward. Upcoming Dividend • Apr 30
Upcoming dividend of kr0.50 per share Eligible shareholders must have bought the stock before 07 May 2024. Payment date: 14 May 2024. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.6%). Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: kr0.44 (vs kr5.34 in FY 2022) Full year 2023 results: EPS: kr0.44 (down from kr5.34 in FY 2022). Revenue: kr6.14b (down 16% from FY 2022). Net income: kr26.0m (down 92% from FY 2022). Profit margin: 0.4% (down from 4.3% in FY 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: kr0.44 (vs kr5.34 in FY 2022) Full year 2023 results: EPS: kr0.44 (down from kr5.34 in FY 2022). Revenue: kr6.11b (down 16% from FY 2022). Net income: kr26.0m (down 92% from FY 2022). Profit margin: 0.4% (down from 4.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Jan 31
Byggmax Group AB (Publ) Proposes Dividend for 2023 The Board of Directors of Byggmax Group AB (publ) propose a dividend for 2023 of SEK 0.50 (0.00) per share. Announcement • Dec 23
Byggmax Group AB (publ) to Report Fiscal Year 2023 Results on Mar 27, 2024 Byggmax Group AB (publ) announced that they will report fiscal year 2023 results at 9:00 AM, Central European Standard Time on Mar 27, 2024 Announcement • Oct 31
Byggmax Group AB (Publ) Announces Appointment of Nomination Committee Byggmax Group AB (publ) announced new Nomination Committee has been appointed. The Nomination Committee is comprised as follows: Peter Nygren, Verdipapirfondet Odin Sverige; Anders Algotsson, Afa Försäkring; Anders Moberg, Chairman of Byggmax Group AB (publ). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: kr2.36 (vs kr3.65 in 3Q 2022) Third quarter 2023 results: EPS: kr2.36 (down from kr3.65 in 3Q 2022). Revenue: kr1.97b (down 13% from 3Q 2022). Net income: kr138.0m (down 36% from 3Q 2022). Profit margin: 7.0% (down from 9.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 14
Second quarter 2023 earnings released: EPS: kr2.00 (vs kr3.10 in 2Q 2022) Second quarter 2023 results: EPS: kr2.00 (down from kr3.10 in 2Q 2022). Revenue: kr2.21b (down 13% from 2Q 2022). Net income: kr117.0m (down 36% from 2Q 2022). Profit margin: 5.3% (down from 7.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year. Recent Insider Transactions • Apr 28
Director recently bought kr610k worth of stock On the 26th of April, Lars Ljungalv bought around 20k shares on-market at roughly kr30.48 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.6m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 05
Full year 2022 earnings released: EPS: kr5.34 (vs kr10.23 in FY 2021) Full year 2022 results: EPS: kr5.34 (down from kr10.23 in FY 2021). Revenue: kr7.26b (down 5.0% from FY 2021). Net income: kr313.0m (down 50% from FY 2021). Profit margin: 4.3% (down from 8.1% in FY 2021). The decrease in margin was driven by lower revenue. Like-for-like sales growth: Down 12.2% vs FY 2021 Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 16
Independent Director recently bought kr202k worth of stock On the 14th of February, Gunilla Spongh bought around 5k shares on-market at roughly kr40.38 per share. This transaction amounted to 83% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr440k. Insiders have collectively bought kr2.3m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 03
Insider recently bought kr440k worth of stock On the 31st of January, Oscar Tjarnberg bought around 10k shares on-market at roughly kr44.00 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.1m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 01
Full year 2022 earnings released: EPS: kr5.34 (vs kr10.23 in FY 2021) Full year 2022 results: EPS: kr5.34 (down from kr10.23 in FY 2021). Revenue: kr7.26b (down 5.0% from FY 2021). Net income: kr313.0m (down 50% from FY 2021). Profit margin: 4.3% (down from 8.1% in FY 2021). The decrease in margin was driven by lower revenue. Like-for-like sales growth: Down 12.2% vs FY 2021 Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to kr42.96, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 66% over the past three years. Announcement • Dec 23
Byggmax Group AB (publ) to Report Q2, 2023 Results on Jul 14, 2023 Byggmax Group AB (publ) announced that they will report Q2, 2023 results on Jul 14, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gunilla Spongh was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: kr3.65 (vs kr5.02 in 3Q 2021) Third quarter 2022 results: EPS: kr3.65 (down from kr5.02 in 3Q 2021). Revenue: kr2.27b (down 5.3% from 3Q 2021). Net income: kr214.0m (down 30% from 3Q 2021). Profit margin: 9.4% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 5.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 02
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be kr62.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to decline by 1.3% in a year. Earnings is forecast to decline by 23% in the next year. Reported Earnings • Jul 16
Second quarter 2022 earnings released: EPS: kr3.10 (vs kr5.71 in 2Q 2021) Second quarter 2022 results: EPS: kr3.10 (down from kr5.71 in 2Q 2021). Revenue: kr2.55b (down 10% from 2Q 2021). Net income: kr182.0m (down 48% from 2Q 2021). Profit margin: 7.1% (down from 12% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 8.0%, compared to a 8.0% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jun 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be kr76.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 55%. Revenue is forecast to grow by 4.4% in a year. Earnings is forecast to decline by 34% in the next year. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to kr63.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 79% over the past three years. Upcoming Dividend • Apr 29
Upcoming dividend of kr4.00 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (2.8%). Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gunilla Spongh was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 22
First quarter 2022 earnings released: kr0.39 loss per share (vs kr0.18 loss in 1Q 2021) First quarter 2022 results: kr0.39 loss per share (down from kr0.18 loss in 1Q 2021). Net loss: kr23.0m (loss widened 109% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Byggmax Group AB (publ) to Report Fiscal Year 2022 Results on Jan 31, 2023 Byggmax Group AB (publ) announced that they will report fiscal year 2022 results on Jan 31, 2023 Recent Insider Transactions • Feb 26
Insider recently bought kr364k worth of stock On the 24th of February, Oscar Tjarnberg bought around 6k shares on-market at roughly kr61.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr5.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 30
Independent Director recently bought kr185k worth of stock On the 26th of January, Gunilla Spongh bought around 3k shares on-market at roughly kr71.00 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr4.9m more in shares than they have sold in the last 12 months. Reported Earnings • Jan 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr10.23 (up from kr7.95 in FY 2020). Revenue: kr7.67b (up 13% from FY 2020). Net income: kr621.0m (up 28% from FY 2020). Profit margin: 8.1% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 2.8% compared to a 12% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Oct 21
Insider recently sold kr100k worth of stock On the 19th of October, Mikael Bengtsson sold around 1k shares on-market at roughly kr83.00 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr4.9m more than they sold in the last 12 months. Reported Earnings • Oct 20
Third quarter 2021 earnings released: EPS kr5.02 (vs kr4.10 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr2.40b (up 9.1% from 3Q 2020). Net income: kr306.0m (up 22% from 3Q 2020). Profit margin: 13% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 25
Director recently bought kr733k worth of stock On the 20th of August, Lars Ljungalv bought around 10k shares on-market at roughly kr73.26 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr3.5m. Insiders have collectively bought kr4.3m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 16% share price gain to kr86.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 129% over the past three years. Recent Insider Transactions • May 29
Independent Chairman recently bought kr3.5m worth of stock On the 27th of May, Anders Moberg bought around 50k shares on-market at roughly kr71.00 per share. This was the largest purchase by an insider in the last 3 months. This was Anders' only on-market trade for the last 12 months. Upcoming Dividend • Apr 30
Upcoming dividend of kr2.75 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 14 May 2021. Trailing yield: 3.6%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.5%). Recent Insider Transactions • Apr 24
Country Manager & Head of Expansion recently sold kr240k worth of stock On the 20th of April, Mikael Bengtsson sold around 3k shares on-market at roughly kr80.00 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr5.5m more than they bought in the last 12 months. Reported Earnings • Apr 09
Full year 2020 earnings released: EPS kr7.95 (vs kr2.33 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr6.80b (up 29% from FY 2019). Net income: kr485.0m (up 242% from FY 2019). Profit margin: 7.1% (up from 2.7% in FY 2019). The increase in margin was driven by higher revenue. Like-for-like sales growth: 28.5% vs FY 2019 Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improved over the past week After last week's 15% share price gain to kr69.75, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 76% over the past three years. Is New 90 Day High Low • Mar 15
New 90-day high: kr59.15 The company is up 24% from a price of kr47.84 on 15 December 2020. Outperformed the British market which is up 5.0% over the last 90 days. Exceeded the Specialty Retail industry, which is up 12% over the same period. Reported Earnings • Jan 27
Full year 2020 earnings released: EPS kr7.95 (vs kr2.33 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr6.83b (up 29% from FY 2019). Net income: kr485.0m (up 242% from FY 2019). Profit margin: 7.1% (up from 2.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Jan 27
Revenue beats expectations Revenue exceeded analyst estimates by 0.4%. Over the next year, revenue is expected to shrink by 5.0% compared to a 6.2% growth forecast for the Specialty Retail industry in the United Kingdom. Is New 90 Day High Low • Jan 19
New 90-day high: kr53.00 The company is up 2.0% from its price of kr51.90 on 21 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 5.0% over the same period. Recent Insider Transactions • Nov 24
Insider recently bought kr257k worth of stock On the 20th of November, Oscar Tjärnberg bought around 6k shares on-market at roughly kr45.00 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr3.2m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Oct 29
Market pulls back on stock over the past week After last week's 15% share price decline to kr44.10, the stock is trading at a trailing P/E ratio of 6.1x, down from the previous P/E ratio of 7.2x. This compares to an average P/E of 26x in the Specialty Retail industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 18%. Is New 90 Day High Low • Oct 27
New 90-day low: kr46.34 The company is down 6.0% from its price of kr49.54 on 29 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 27% over the same period. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of kr440.8m, up 201% from the prior year. Total revenue was kr6.53b over the last 12 months, up 23% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 22
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 3.0% at kr2.20b. Revenue is expected to shrink by 4.3% over the next year, compared to a 3.6% growth forecast for the Specialty Retail industry in the United Kingdom.