Byggma ASA manufactures and supplies building materials to builders and retailers in the Nordic countries.
Excellent balance sheet and slightly overvalued.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BMA underperformed the Norwegian Building industry which returned -11.5% over the past year.
Return vs Market: BMA exceeded the Norwegian Market which returned -28.8% over the past year.
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
2 weeks ago | Simply Wall StWhy We’re Not Keen On Byggma ASA’s (OB:BMA) 5.2% Return On Capital
1 month ago | Simply Wall StByggma (OB:BMA) Shareholders Booked A 100% Gain In The Last Five Years
1 month ago | Simply Wall StWe Think Byggma (OB:BMA) Can Stay On Top Of Its Debt
Is Byggma 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: BMA (NOK76) is trading above our estimate of fair value (NOK13.48)
Significantly Below Fair Value: BMA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BMA is good value based on its PE Ratio (10.9x) compared to the Building industry average (13.5x).
PE vs Market: BMA is poor value based on its PE Ratio (10.9x) compared to the Norwegian market (9.7x).
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 (0.6x) compared to the XE Building industry average (1.1x).
How is Byggma forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Byggma's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Byggma competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Byggma performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMA has high quality earnings.
Growing Profit Margin: BMA's current net profit margins (2.7%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: BMA's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: BMA's earnings growth over the past year (4.5%) is below its 5-year average (16.2% per year).
Earnings vs Industry: BMA earnings growth over the past year (4.5%) underperformed the Building industry 6.3%.
Return on Equity
High ROE: BMA's Return on Equity (5.7%) is considered low.
How is Byggma's financial position?
Financial Position Analysis
Short Term Liabilities: BMA's short term assets (NOK848.0M) exceed its short term liabilities (NOK421.9M).
Long Term Liabilities: BMA's short term assets (NOK848.0M) exceed its long term liabilities (NOK532.1M).
Debt to Equity History and Analysis
Debt Level: BMA's debt to equity ratio (45.1%) is considered high.
Reducing Debt: BMA's debt to equity ratio has reduced from 129.5% to 45.1% over the past 5 years.
Debt Coverage: BMA's debt is well covered by operating cash flow (20.6%).
Interest Coverage: BMA's interest payments on its debt are well covered by EBIT (7.7x coverage).
Inventory Level: BMA has a high level of physical assets or inventory.
Debt Coverage by Assets: BMA's debt is covered by short term assets (assets are 2.2x debt).
What is Byggma's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BMA's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.86%).
High Dividend: BMA's dividend (1.32%) is low compared to the top 25% of dividend payers in the Norwegian market (8.43%).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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 ($USD386.62K) is about average for companies of similar size in the Norwegian market ($USD390.88K).
Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.
|Independent Chairman of the Board||11.17yrs||kr235.00k||0.97% NOK5.4m|
|Independent Director||no data||kr135.60k||no data|
|Employee Representative Director||8.17yrs||kr4.50k||no data|
|Employee Representative Director||8.17yrs||kr93.60k||no data|
|Independent Director||8.17yrs||kr131.00k||no data|
|Employee Representative Director||4.17yrs||kr75.00k||no data|
|Independent Director||3.83yrs||kr124.00k||0.29% NOK1.6m|
Experienced Board: BMA's board of directors are considered experienced (8.2 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Byggma ASA's company bio, employee growth, exchange listings and data sources
- Name: Byggma ASA
- Ticker: BMA
- Exchange: OB
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr558.640m
- Shares outstanding: 6.98m
- Website: https://www.byggma.no
- Byggma ASA
- Venneslaveien 233
- Postboks 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BMA||OB (Oslo Bors)||Yes||Class A Shares||NO||NOK||Aug 1997|
|0DVM||LSE (London Stock Exchange)||Yes||Class A Shares||GB||NOK||Aug 1997|
|BMAO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A Shares||GB||NOK||Aug 1997|
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 ceilings, walls, and floors in wood-based buildings under the brand name of Masonite; and particle boards, boards, and structural panels for use in buildings, pre painted ceilings, and wall panels under the Forestia brand name. The company also provides home lighting products under the Scan Lamps brand name; doors and windows for new buildings, extensions, or rehabilitation under the brand name of Uldal; a range of lamp and lighting products under the Aneta brand name; and develops, manufactures and distributes MDF panels for walls, ceilings, bathrooms, and kitchens under the brand name of Smartpanel. The company is headquartered in Vennesla, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 20:53|
|End of Day Share Price||2020/03/31 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.