OB:TOM

Stock Analysis Report

Executive Summary

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.0%

TOM

0.4%

NO Commercial Services

1.9%

NO Market


1 Year Return

27.1%

TOM

-1.4%

NO Commercial Services

-8.5%

NO Market

TOM outperformed the Commercial Services industry which returned -0.7% over the past year.

TOM outperformed the Market in Norway which returned -8.4% over the past year.


Share holder returns

TOMIndustryMarket
7 Day-5.0%0.4%1.9%
30 Day-8.6%4.3%7.4%
90 Day-15.7%0.6%3.2%
1 Year29.4%27.1%1.7%-1.4%-3.5%-8.5%
3 Year177.3%162.7%9.1%-1.0%50.1%30.5%
5 Year443.3%394.2%29.6%9.8%53.2%17.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Tomra Systems undervalued based on future cash flows and its price relative to the stock market?

45.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Tomra Systems's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Tomra Systems's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Tomra Systems is overvalued based on earnings compared to the Europe Commercial Services industry average.

Tomra Systems is overvalued based on earnings compared to the Norway market.


Price Based on Expected Growth

Tomra Systems is poor value based on expected growth next year.


Price Based on Value of Assets

Tomra Systems is overvalued based on assets compared to the Europe Commercial Services industry average.


Next Steps

Future Growth

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

11.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Tomra Systems's revenue is expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).

Tomra Systems's earnings are expected to grow by 11.8% yearly, however this is not considered high growth (20% yearly).

Tomra Systems's revenue growth is expected to exceed the Norway market average.

Tomra Systems's earnings growth is positive but not above the Norway market average.

Tomra Systems's earnings growth is expected to exceed the low risk savings rate of 1.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Tomra Systems is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Tomra Systems performed over the past 5 years?

11.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Tomra Systems's year on year earnings growth rate has been positive over the past 5 years.

Tomra Systems's 1-year earnings growth exceeds its 5-year average (35.1% vs 11.1%)

Tomra Systems's earnings growth has exceeded the Europe Commercial Services industry average in the past year (35.1% vs 13%).


Return on Equity

Tomra Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Tomra Systems used its assets more efficiently than the Europe Commercial Services industry average last year based on Return on Assets.


Return on Capital Employed

Tomra Systems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Tomra Systems's financial position?


Financial Position Analysis

Tomra Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Tomra Systems's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Tomra Systems's level of debt (46.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (62.5% vs 46.4% today).

Debt is well covered by operating cash flow (47.7%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 31.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2x debt.


Next Steps

Dividend

What is Tomra Systems's current dividend yield, its reliability and sustainability?

1.31%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Tomra Systems's pays a lower dividend yield than the bottom 25% of dividend payers in Norway (2.54%).

Tomra Systems's dividend is below the markets top 25% of dividend payers in Norway (6.4%).

Tomra Systems is not paying a notable dividend for Norway, therefore no need to check if the payments are stable.

Tomra Systems is not paying a notable dividend for Norway, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Tomra Systems's dividends as it is not paying a notable one for Norway.


Future Payout to Shareholders

No need to calculate the sustainability of Tomra Systems's dividends in 3 years as they are not expected to pay a notable one for Norway.


Next Steps

Management

What is the CEO of Tomra Systems's salary, the management and board of directors tenure and is there insider trading?

7.7yrs

Average management tenure


CEO

Stefan Ranstrand (59yo)

10.1yrs

Tenure

kr9,730,085

Compensation

Mr. Stefan Ranstrand has been the Chief Executive Officer and President at Tomra Systems ASA since joining in August 2009. Mr. Ranstrand served in various management positions at ABB Ltd., from 1991 to 200 ...


CEO Compensation Analysis

Stefan's remuneration is about average for companies of similar size in Norway.

Stefan's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.7yrs

Average Tenure

55.5yo

Average Age

The average tenure for the Tomra Systems management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.4yrs

Average Tenure

59yo

Average Age

The tenure for the Tomra Systems board of directors is about average.


Insider Trading

Tomra Systems individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Sellkr3,132,00022 Jul 19
Volker Rehrmann
EntityIndividual
Role
Chief Technology Officer
Executive VP
Shares12,000
Max Pricekr261.00
Buykr910,00022 Jul 19
Stefan Ranstrand
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares3,500
Max Pricekr260.00
Buykr151,80014 Jun 19
Bodil Gallon
EntityIndividual
Role
Member of the Board of Directors
Director
Shares550
Max Pricekr276.00
Buykr1,021,02214 Jun 19
Bjørn Matre
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,686
Max Pricekr277.00
Buykr133,79114 Jun 19
Hege Skryseth
EntityIndividual
Role
Member of the Board of Directors
Director
Shares483
Max Pricekr277.00
Buykr113,16014 Jun 19
Pierre Couderc
EntityIndividual
Role
Member of the Board of Directors
Director
Shares410
Max Pricekr276.00
Buykr113,25025 Feb 19
Pierre Couderc
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max Pricekr226.50
Buykr53,19911 Jan 19
Linda Bell
EntityIndividual
Shares257
Max Pricekr207.00

Ownership Breakdown


Management Team

  • Espen Gundersen (55yo)

    Deputy CEO & CFO

    • Tenure: 17.7yrs
    • Compensation: kr6.00m
  • Harald Henriksen (56yo)

    Executive VP & Head of Business Area Collection Solutions

    • Tenure: 15.7yrs
    • Compensation: kr5.47m
  • Heiner Bevers (59yo)

    Senior VP & Head of North America Collection Solutions

    • Tenure: 14.3yrs
    • Compensation: kr804.16k
  • Stefan Ranstrand (59yo)

    President & CEO

    • Tenure: 10.1yrs
    • Compensation: kr9.73m
  • Tom Eng (54yo)

    Senior VP & Head of TOMRA Sorting Solutions Recycling

    • Tenure: 7.7yrs
    • Compensation: kr3.29m
  • Volker Rehrmann (58yo)

    Executive VP

    • Tenure: 6.5yrs
    • Compensation: kr514.75k
  • Elisabet Sandnes (39yo)

    Senior VP & Head of Group Strategy

    • Tenure: 0yrs
    • Compensation: kr1.76m
  • Ashley Hunter (60yo)

    Senior VP & Head of Bulk Sorting TOMRA Food

    • Tenure: 6.7yrs
    • Compensation: kr649.86k
  • Frank Höhler (47yo)

    Senior VP & Head of Central and Eastern Europe Collection Solutions

    • Tenure: 2.9yrs
    • Compensation: kr318.62k
  • Anneli Forsman (42yo)

    Senior VP & Head of Northern Europe Collection Solutions

    • Tenure: 1.9yrs
    • Compensation: kr3.52m

Board Members

  • Bodil Gallon (51yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: kr497.50k
  • Jan Svensson (63yo)

    Chairman

    • Tenure: 4.4yrs
    • Compensation: kr678.50k
  • Bjørn Matre (59yo)

    Director

    • Tenure: 0.3yrs
  • David Williamson (60yo)

    Employee Elected Director

    • Tenure: 11.7yrs
    • Compensation: kr1.27m
  • Hege Skryseth (52yo)

    Director

    • Tenure: 0.3yrs
  • Pierre Couderc (60yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: kr497.50k
  • Bente Traa (40yo)

    Employee Elected Director

    • Tenure: 2.3yrs
    • Compensation: kr2.16m

Company Information

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


Key Information

  • Name: Tomra Systems ASA
  • Ticker: TOM
  • Exchange: OB
  • Founded: 1972
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: kr36.322b
  • Shares outstanding: 147.89m
  • Website: https://www.tomra.com

Number of Employees


Location

  • Tomra Systems ASA
  • Drengsrudhagen 2
  • Asker
  • Akershus
  • 1385
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TMRA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
TOMOB (Oslo Bors)YesOrdinary SharesNONOKJan 1992
0KV7LSE (London Stock Exchange)YesOrdinary SharesGBNOKJan 1992
TMRDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
TOMOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKJan 1992
TMRA.YOTCPK (Pink Sheets LLC)SPON ADR NEWUSUSDSep 1993

Biography

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through Collection Solutions and Sorting Solutions segments. The Collection Solutions segment deve ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 20:43
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.