OB:BMA

Stock Analysis Report

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Executive Summary

Byggma ASA manufactures and supplies building materials to builders and retailers in the Nordic countries. More Details


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has Byggma's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BMA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.9%

BMA

3.3%

NO Building

1.9%

NO Market


1 Year Return

22.3%

BMA

16.5%

NO Building

-12.8%

NO Market

Return vs Industry: BMA exceeded the Norwegian Building industry which returned 16.5% over the past year.

Return vs Market: BMA exceeded the Norwegian Market which returned -12.8% over the past year.


Shareholder returns

BMAIndustryMarket
7 Day3.9%3.3%1.9%
30 Day2.9%3.6%1.0%
90 Day18.2%14.4%6.7%
1 Year23.5%22.3%17.9%16.5%-10.2%-12.8%
3 Year20.1%16.3%17.2%10.0%9.8%-2.6%
5 Year84.2%46.1%63.7%47.9%53.7%23.1%

Price Volatility Vs. Market

How volatile is Byggma's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Byggma undervalued compared to its fair value and its price relative to the market?

48.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BMA (NOK107) is trading below our estimate of fair value (NOK206.24)

Significantly Below Fair Value: BMA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BMA is good value based on its PE Ratio (10.3x) compared to the XE Building industry average (18.3x).

PE vs Market: BMA is good value based on its PE Ratio (10.3x) compared to the Norwegian market (14x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BMA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BMA is good value based on its PB Ratio (0.8x) compared to the XE Building industry average (1.7x).


Next Steps

Future Growth

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

15.7%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Byggma has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Byggma performed over the past 5 years?

5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BMA has high quality earnings.

Growing Profit Margin: BMA's current net profit margins (3.7%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: BMA's earnings have grown by 5.9% per year over the past 5 years.

Accelerating Growth: BMA's earnings growth over the past year (19.8%) exceeds its 5-year average (5.9% per year).

Earnings vs Industry: BMA earnings growth over the past year (19.8%) exceeded the Building industry 7.3%.


Return on Equity

High ROE: BMA's Return on Equity (7.9%) is considered low.


Next Steps

Financial Health

How is Byggma's financial position?


Financial Position Analysis

Short Term Liabilities: BMA's short term assets (NOK1.1B) exceed its short term liabilities (NOK448.5M).

Long Term Liabilities: BMA's short term assets (NOK1.1B) exceed its long term liabilities (NOK658.9M).


Debt to Equity History and Analysis

Debt Level: BMA's debt to equity ratio (57.8%) is considered high.

Reducing Debt: BMA's debt to equity ratio has increased from 48.2% to 57.8% over the past 5 years.

Debt Coverage: BMA's debt is well covered by operating cash flow (28.8%).

Interest Coverage: BMA's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

What is Byggma current dividend yield, its reliability and sustainability?

0.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BMA's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (2.4%).

High Dividend: BMA's dividend (0.93%) is low compared to the top 25% of dividend payers in the Norwegian market (6.54%).


Stability and Growth of Payments

Stable Dividend: BMA is not paying a notable dividend for the Norwegian market, therefore no need to check if payments are stable.

Growing Dividend: BMA is not paying a notable dividend for the Norwegian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BMA is not paying a notable dividend for the Norwegian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BMA's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.7yrs

Average board tenure


CEO

Geir Drangsland

no data

Tenure

kr4,079,400

Compensation

Mr. Geir Drangsland serves as the Chief Executive Officer of Byggma ASA and served as its President. Mr. Drangsland serves as the Managing Director of Investor AS. He served as Chief Financial Officer of I ...


CEO Compensation Analysis

Compensation vs Market: Geir's total compensation ($USD0.00) is below average for companies of similar size in the Norwegian market ($USD392.82K).

Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Terje Gunnulfsen
Independent Chairman of the Board11.67yrskr235.00k0.97%
NOK 7.2m
Kristin Wallevik
Independent Directorno datakr135.60kno data
Erik Fjeldberg
Employee Representative Director8.67yrskr4.50kno data
Edvart Høyåsen
Employee Representative Director8.67yrskr93.60kno data
Grethe Hindersland
Independent Director8.67yrskr131.00kno data
Bjørnar Jakobsen
Employee Representative Director4.67yrskr75.00kno data
Knut Larsen
Independent Director4.33yrskr124.00k0.29%
NOK 2.1m

8.7yrs

Average Tenure

Experienced Board: BMA's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Byggma ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Byggma ASA
  • Ticker: BMA
  • Exchange: OB
  • Founded:
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: kr747.215m
  • Shares outstanding: 6.98m
  • Website: https://www.byggma.no

Location

  • Byggma ASA
  • Venneslaveien 233
  • Postboks 21
  • Vennesla
  • Vest-Agder
  • 4701
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BMAOB (Oslo Bors)YesClass A SharesNONOKAug 1997
0DVMLSE (London Stock Exchange)YesClass A SharesGBNOKAug 1997
BMAOBATS-CHIXE (BATS 'Chi-X Europe')YesClass A SharesGBNOKAug 1997

Biography

Byggma ASA manufactures and supplies building materials to builders and retailers in the Nordic countries. It offers pre-painted ceilings and wall panels under the Huntonit brand name; I-beams for use in c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 05:10
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.