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Bulten OM:BULTEN Stock Report

Last Price

SEK 71.10

Market Cap

SEK 1.5b

7D

0%

1Y

-9.8%

Updated

22 Dec, 2024

Data

Company Financials

Bulten AB (publ)

OM:BULTEN Stock Report

Market Cap: SEK 1.5b

BULTEN Stock Overview

Manufactures and distributes fasteners and related services and solutions for light vehicles, heavy commercial vehicles, automotive suppliers, consumer electronics, and other industries in Sweden, Poland, Germany, the United Kingdom, rest of Europe, the United States, China, Taiwan, and internationally. More details

BULTEN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends4/6

Rewards

Price-To-Earnings ratio (9.6x) is below the Swedish market (23x)

Earnings grew by 7.6% over the past year

Risk Analysis

Unstable dividend track record

Has a high level of debt


My Notes

Capture your thoughts, links and company narrative

Bulten AB (publ) Competitors

KABE Group AB (publ.)

OM:KABE B

SEK 2.7b

Enkei Wheels (India)

BSE:533477

₹11.8b

APM Automotive Holdings Berhad

KLSE:APM

RM 549.3m

Whetron ElectronicsLtd

TPEX:6722

NT$4.2b

Price History & Performance

Summary of share price highs, lows and changes for Bulten
Historical stock prices
Current Share PriceSEK 71.10
52 Week HighSEK 93.20
52 Week LowSEK 63.70
Beta1.17
1 Month Change4.25%
3 Month Change3.19%
1 Year Change-9.77%
3 Year Change-19.02%
5 Year Change-9.89%
Change since IPO45.10%

Recent News & Updates

There's No Escaping Bulten AB (publ)'s (STO:BULTEN) Muted Earnings Despite A 26% Share Price Rise

May 21
There's No Escaping Bulten AB (publ)'s (STO:BULTEN) Muted Earnings Despite A 26% Share Price Rise

Recent updates

There's No Escaping Bulten AB (publ)'s (STO:BULTEN) Muted Earnings Despite A 26% Share Price Rise

May 21
There's No Escaping Bulten AB (publ)'s (STO:BULTEN) Muted Earnings Despite A 26% Share Price Rise

Bulten (STO:BULTEN) Will Pay A Dividend Of SEK2.50

Apr 25
Bulten (STO:BULTEN) Will Pay A Dividend Of SEK2.50

Bulten (STO:BULTEN) Will Pay A Dividend Of SEK2.50

Apr 04
Bulten (STO:BULTEN) Will Pay A Dividend Of SEK2.50

Further Upside For Bulten AB (publ) (STO:BULTEN) Shares Could Introduce Price Risks After 26% Bounce

Dec 21
Further Upside For Bulten AB (publ) (STO:BULTEN) Shares Could Introduce Price Risks After 26% Bounce

Be Wary Of Bulten (STO:BULTEN) And Its Returns On Capital

Dec 08
Be Wary Of Bulten (STO:BULTEN) And Its Returns On Capital

Returns On Capital At Bulten (STO:BULTEN) Have Hit The Brakes

May 17
Returns On Capital At Bulten (STO:BULTEN) Have Hit The Brakes

Bulten's (STO:BULTEN) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05
Bulten's (STO:BULTEN) Shareholders Will Receive A Bigger Dividend Than Last Year

Is There Now An Opportunity In Bulten AB (publ) (STO:BULTEN)?

Oct 02
Is There Now An Opportunity In Bulten AB (publ) (STO:BULTEN)?

Bulten (STO:BULTEN) May Have Issues Allocating Its Capital

Sep 14
Bulten (STO:BULTEN) May Have Issues Allocating Its Capital

At kr67.40, Is Bulten AB (publ) (STO:BULTEN) Worth Looking At Closely?

Jun 03
At kr67.40, Is Bulten AB (publ) (STO:BULTEN) Worth Looking At Closely?

Bulten's (STO:BULTEN) Dividend Will Be Increased To kr2.25

Apr 28
Bulten's (STO:BULTEN) Dividend Will Be Increased To kr2.25

Bulten's (STO:BULTEN) Dividend Will Be Increased To kr2.25

Apr 12
Bulten's (STO:BULTEN) Dividend Will Be Increased To kr2.25

Bulten (STO:BULTEN) Has Announced That It Will Be Increasing Its Dividend To kr2.25

Mar 29
Bulten (STO:BULTEN) Has Announced That It Will Be Increasing Its Dividend To kr2.25

When Should You Buy Bulten AB (publ) (STO:BULTEN)?

Mar 05
When Should You Buy Bulten AB (publ) (STO:BULTEN)?

Bulten's (STO:BULTEN) Upcoming Dividend Will Be Larger Than Last Year's

Feb 13
Bulten's (STO:BULTEN) Upcoming Dividend Will Be Larger Than Last Year's

Bulten (STO:BULTEN) Has Some Way To Go To Become A Multi-Bagger

Jan 31
Bulten (STO:BULTEN) Has Some Way To Go To Become A Multi-Bagger

An Intrinsic Calculation For Bulten AB (publ) (STO:BULTEN) Suggests It's 40% Undervalued

May 30
An Intrinsic Calculation For Bulten AB (publ) (STO:BULTEN) Suggests It's 40% Undervalued

Is Now An Opportune Moment To Examine Bulten AB (publ) (STO:BULTEN)?

May 18
Is Now An Opportune Moment To Examine Bulten AB (publ) (STO:BULTEN)?

Is Bulten AB (publ)'s (STO:BULTEN) 1.8% Dividend Worth Your Time?

May 06
Is Bulten AB (publ)'s (STO:BULTEN) 1.8% Dividend Worth Your Time?

Bulten's (STO:BULTEN) Returns On Capital Not Reflecting Well On The Business

Apr 17
Bulten's (STO:BULTEN) Returns On Capital Not Reflecting Well On The Business

Is Bulten (STO:BULTEN) A Risky Investment?

Mar 26
Is Bulten (STO:BULTEN) A Risky Investment?

What Is The Ownership Structure Like For Bulten AB (publ) (STO:BULTEN)?

Mar 15
What Is The Ownership Structure Like For Bulten AB (publ) (STO:BULTEN)?

Shareholder Returns

BULTENSE Auto ComponentsSE Market
7D0%-2.9%-2.7%
1Y-9.8%-12.5%4.6%

Return vs Industry: BULTEN exceeded the Swedish Auto Components industry which returned -12.5% over the past year.

Return vs Market: BULTEN underperformed the Swedish Market which returned 4.6% over the past year.

Price Volatility

Is BULTEN's price volatile compared to industry and market?
BULTEN volatility
BULTEN Average Weekly Movement4.4%
Auto Components Industry Average Movement4.8%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.3%
10% least volatile stocks in SE Market3.2%

Stable Share Price: BULTEN has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: BULTEN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18731,961Tina Hallinwww.bulten.se

Bulten AB (publ), together with its subsidiaries, manufactures and distributes fasteners and related services and solutions for light vehicles, heavy commercial vehicles, automotive suppliers, consumer electronics, and other industries in Sweden, Poland, Germany, the United Kingdom, rest of Europe, the United States, China, Taiwan, and internationally. It offers sems-fasteners, thread forming screws, miniature fasteners, screws for plastics, inserts for plastics, compression limiters, self-aligning screws, fasteners with patches, weld fasteners, clinch type fasteners, various metal locking fasteners, special automotive fasteners, functional fasteners, cold forged parts, customized fastener solutions, and nuts, as well as Flangeform, a fastener system for thin sheet metals. The company was formerly known as FinnvedenBulten AB (publ) and changed its name to Bulten AB (publ) in September 2014.

Bulten AB (publ) Fundamentals Summary

How do Bulten's earnings and revenue compare to its market cap?
BULTEN fundamental statistics
Market capSEK 1.49b
Earnings (TTM)SEK 156.00m
Revenue (TTM)SEK 5.98b

9.6x

P/E Ratio

0.2x

P/S Ratio

Is BULTEN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BULTEN income statement (TTM)
RevenueSEK 5.98b
Cost of RevenueSEK 4.82b
Gross ProfitSEK 1.16b
Other ExpensesSEK 999.00m
EarningsSEK 156.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 03, 2025

Earnings per share (EPS)7.43
Gross Margin19.32%
Net Profit Margin2.61%
Debt/Equity Ratio62.0%

How did BULTEN perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bulten AB (publ) is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenneth Toll JohanssonCarnegie Investment Bank AB
Björn EnarsonDanske Bank
Jon HyltnerHandelsbanken Capital Markets