OM:AGES B

Stock Analysis Report

Executive Summary

AGES Industri AB (publ) engages in the die casting, machining, welding, and assembly of precision components in Sweden and internationally.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • AGES Industri has significant price volatility in the past 3 months.
  • AGES Industri is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.8%

OM:AGES B

0.6%

SE Machinery

0.6%

SE Market


1 Year Return

-40.4%

OM:AGES B

-9.6%

SE Machinery

-3.5%

SE Market

AGES B underperformed the Machinery industry which returned -9.6% over the past year.

AGES B underperformed the Market in Sweden which returned -3.5% over the past year.


Share holder returns

AGES BIndustryMarket
7 Day-5.8%0.6%0.6%
30 Day-16.3%-9.9%-4.5%
90 Day-33.5%-4.3%-0.5%
1 Year-39.8%-40.4%-6.7%-9.6%0.7%-3.5%
3 Year-51.5%-54.0%45.5%21.2%23.6%5.1%
5 Year-64.7%-68.6%67.4%32.1%45.2%14.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

14.43x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

AGES Industri is good value based on earnings compared to the SE Machinery industry average.

AGES Industri is good value based on earnings compared to the Sweden market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AGES Industri, we can't assess if its growth is good value.


Price Based on Value of Assets

AGES Industri is good value based on assets compared to the SE Machinery industry average.


Next Steps

Future Growth

How is AGES Industri expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if AGES Industri is high growth as no revenue estimate data is available.

AGES Industri's earnings are expected to grow significantly at over 20% yearly.

Unable to compare AGES Industri's revenue growth to the Sweden market average as no estimate data is available.

AGES Industri's earnings growth is expected to exceed the Sweden market average.

AGES Industri's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if AGES Industri will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has AGES Industri performed over the past 5 years?

-16.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AGES Industri's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

AGES Industri's 1-year earnings growth is negative, it can't be compared to the 5-year average.

AGES Industri's 1-year earnings growth is negative, it can't be compared to the SE Machinery industry average.


Return on Equity

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


Return on Assets

AGES Industri used its assets less efficiently than the SE Machinery industry average last year based on Return on Assets.


Return on Capital Employed

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


Next Steps

Financial Health

How is AGES Industri's financial position?


Financial Position Analysis

AGES Industri's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

AGES Industri's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AGES Industri's level of debt (36%) compared to net worth is satisfactory (less than 40%).

Unable to establish if AGES Industri's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (41.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.2x debt.


Next Steps

Dividend

What is AGES Industri's current dividend yield, its reliability and sustainability?

3.32%

Current Dividend Yield


Upcoming Dividend Payment

Purchase AGES Industri before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

AGES Industri's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.93%).

AGES Industri's dividend is below the markets top 25% of dividend payers in Sweden (4.51%).

AGES Industri has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

AGES Industri has only been paying a dividend for 5 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

4.1yrs

Average board tenure


CEO

Anders Magnusson (51yo)

0.9yrs

Tenure

0

Mr. Anders Magnusson is Chief Executive Officer at AGES Industri AB (publ) since September 2018. Prior to joining the company he was Founder, owner and CEO at Hörle Automatic Group AB. 


Board Age and Tenure

4.1yrs

Average Tenure

51.5yo

Average Age

The tenure for the AGES Industri board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Johan Bladh (41yo)

    Chief Financial Officer

    • Tenure: 6.6yrs
  • Anders Magnusson (51yo)

    Chief Executive Officer

    • Tenure: 0.9yrs

Board Members

  • Fredrik Rapp (47yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: kr130.00k
  • Anna Benjamin (43yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: kr130.00k
  • Petter Fägersten (37yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: kr120.00k
  • Tommy Gunnarsson (65yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: kr120.00k
  • Stefan Jonsson (66yo)

    Chairman of the Board

    • Tenure: 1.6yrs
    • Compensation: kr320.00k
  • Håkan Lindor (56yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: kr120.00k

Company Information

AGES Industri AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AGES Industri AB (publ)
  • Ticker: AGES B
  • Exchange: OM
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: kr317.710m
  • Shares outstanding: 7.03m
  • Website: https://www.ages.se

Location

  • AGES Industri AB (publ)
  • Kristian IV:s väg 3
  • plan 13
  • Halmstad
  • Halland County
  • 302 50
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AGES BOM (OMX Nordic Exchange Stockholm)YesB SharesSESEKMay 2014

Biography

AGES Industri AB (publ) engages in the die casting, machining, welding, and assembly of precision components in Sweden and internationally. The company is involved in aluminum and zinc die casting with ass ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 22:11
End of Day Share Price2019/08/23 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.