OB:TOM

Stock Analysis Report

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Executive Summary

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

Rewards

Earnings are forecast to grow 25.32% per year

Risk Analysis

No risks detected for TOM from our risk checks.


Snowflake Analysis

Flawless balance sheet with moderate growth potential.


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

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


Market Performance


7 Day Return

9.6%

TOM

6.0%

NO Commercial Services

1.1%

NO Market


1 Year Return

64.9%

TOM

75.1%

NO Commercial Services

-12.7%

NO Market

Return vs Industry: TOM underperformed the Norwegian Commercial Services industry which returned 70.6% over the past year.

Return vs Market: TOM exceeded the Norwegian Market which returned -13.5% over the past year.


Shareholder returns

TOMIndustryMarket
7 Day9.6%6.0%1.1%
30 Day-3.4%3.2%-1.1%
90 Day13.5%22.3%6.9%
1 Year64.9%64.9%75.4%75.1%-9.9%-12.7%
3 Year239.4%228.4%-18.2%-25.8%6.1%-6.1%
5 Year447.9%408.8%4.8%-11.9%45.4%16.0%

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 compared to its fair value and its price relative to the market?

87.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TOM (NOK400.7) is trading above our estimate of fair value (NOK149.14)

Significantly Below Fair Value: TOM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TOM is poor value based on its PE Ratio (87x) compared to the XE Commercial Services industry average (18.1x).

PE vs Market: TOM is poor value based on its PE Ratio (87x) compared to the Norwegian market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: TOM is poor value based on its PEG Ratio (3.4x)


Price to Book Ratio

PB vs Industry: TOM is overvalued based on its PB Ratio (10.4x) compared to the NO Commercial Services industry average (10x).


Next Steps

Future Growth

How is Tomra Systems forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

25.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOM's forecast earnings growth (25.3% per year) is above the savings rate (1.6%).

Earnings vs Market: TOM's earnings (25.3% per year) are forecast to grow slower than the Norwegian market (34.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TOM's revenue (8.2% per year) is forecast to grow faster than the Norwegian market (5% per year).

High Growth Revenue: TOM's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TOM's Return on Equity is forecast to be low in 3 years time (17%).


Next Steps

Past Performance

How has Tomra Systems performed over the past 5 years?

5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOM has high quality earnings.

Growing Profit Margin: TOM's current net profit margins (7.1%) are lower than last year (8.8%).


Past Earnings Growth Analysis

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

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

Earnings vs Industry: TOM had negative earnings growth (-14.7%) over the past year, making it difficult to compare to the Commercial Services industry average (-2.2%).


Return on Equity

High ROE: TOM's Return on Equity (11.9%) is considered low.


Next Steps

Financial Health

How is Tomra Systems's financial position?


Financial Position Analysis

Short Term Liabilities: TOM's short term assets (NOK5.1B) exceed its short term liabilities (NOK1.8B).

Long Term Liabilities: TOM's short term assets (NOK5.1B) exceed its long term liabilities (NOK4.4B).


Debt to Equity History and Analysis

Debt Level: TOM's debt to equity ratio (30.7%) is considered satisfactory.

Reducing Debt: TOM's debt to equity ratio has reduced from 46.4% to 30.7% over the past 5 years.

Debt Coverage: TOM's debt is well covered by operating cash flow (78.9%).

Interest Coverage: TOM's interest payments on its debt are well covered by EBIT (20.5x coverage).


Balance Sheet


Next Steps

Dividend

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

0.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TOM's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (2.49%).

High Dividend: TOM's dividend (0.62%) is low compared to the top 25% of dividend payers in the Norwegian market (6.56%).


Stability and Growth of Payments

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

Growing Dividend: TOM 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: TOM is not paying a notable dividend for the Norwegian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TOM'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?

8.2yrs

Average management tenure


CEO

Stefan Ranstrand (60 yo)

11.08yrs

Tenure

kr8,423,641

Compensation

Mr. Stefan Ranstrand has been the Chief Executive Officer and President at Tomra Systems ASA since joining in August 2009. Mr. Ranstrand serves as Director at BELIMO Holding AG since March 31, 2020. Mr. Ra ...


CEO Compensation Analysis

Compensation vs Market: Stefan's total compensation ($USD887.55K) is about average for companies of similar size in the Norwegian market ($USD930.90K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Ranstrand
President & CEO11.08yrskr8.42m0.096%
NOK 56.8m
Espen Gundersen
Deputy CEO & CFO18.67yrskr5.37m0.042%
NOK 25.1m
Harald Henriksen
Executive VP & Head of Business Area Collection Solutions16.67yrskr5.49m0.042%
NOK 24.6m
Heiner Bevers
Senior VP & Head of TOMRA Collection Solutions Europe and Americas15.33yrskr819.37k0.046%
NOK 27.1m
Tom Eng
Senior VP & Head of Recycling8.67yrskr3.94m0.0091%
NOK 5.4m
Volker Rehrmann
Executive VP and Head of Recycling0.92yrkr518.37k0.015%
NOK 8.7m
Ashley Hunter
Senior VP & Head of Bulk Sorting TOMRA Food7.67yrskr397.79k0.023%
NOK 13.5m
Anneli Forsman
Senior VP & Head of Northern Europe Collection Solutions2.92yrskr3.52m0.0010%
NOK 621.1k
Bing Zhao
Director of Investor Relations & Strategyno datano data0.000040%
NOK 23.7k
Fabrizio Radice
Global Sales & Marketing Director3.25yrsno datano data
Michel Picandet
Executive VP & Head of TOMRA Food0.67yrno datano data
Helena Dreisig
Head of People & Organisation - TOMRA Group and TOMRA Foodno datano datano data

8.2yrs

Average Tenure

56.5yo

Average Age

Experienced Management: TOM's management team is seasoned and experienced (8.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bodil Gallon
Independent Director7.42yrskr533.75k0.00061%
NOK 360.8k
Jan Svensson
Independent Chairperson5.42yrskr729.30k0.0047%
NOK 2.8m
Bjørn Matre
Independent Director1.33yrskr267.65k0.0025%
NOK 1.5m
David Williamson
Employee Elected Director12.67yrskr231.00k0.0011%
NOK 668.4k
Hege Skryseth
Independent Director1.33yrskr267.65k0.00060%
NOK 354.9k
Pierre Couderc
Independent Director6.67yrskr533.75k0.00089%
NOK 526.4k
Bente Traa
Employee Elected Director3.33yrskr231.00k0.00078%
NOK 461.4k

5.4yrs

Average Tenure

60yo

Average Age

Experienced Board: TOM's board of directors are considered experienced (5.4 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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: kr59.151b
  • Shares outstanding: 147.62m
  • 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 prod ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 20:53
End of Day Share Price2020/09/28 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.