Alfa Laval
Market Cap
kr92.2b
Last Updated
2020/11/27 19:42 UTC
Data Sources
Company Financials +
Executive Summary
Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Alfa Laval's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALFA is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ALFA's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
4.8%
ALFA
1.5%
SE Machinery
0.6%
SE Market
1 Year Return
-5.7%
ALFA
21.4%
SE Machinery
17.1%
SE Market
Return vs Industry: ALFA underperformed the Swedish Machinery industry which returned 21.4% over the past year.
Return vs Market: ALFA underperformed the Swedish Market which returned 17.1% over the past year.
Shareholder returns
| ALFA | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.8% | 1.5% | 0.6% |
| 30 Day | 23.0% | 12.2% | 8.0% |
| 90 Day | 3.0% | 13.8% | 8.3% |
| 1 Year | -5.7%-5.7% | 22.1%21.4% | 18.9%17.1% |
| 3 Year | 17.7%12.9% | 42.9%21.7% | 41.5%26.2% |
| 5 Year | 60.4%45.4% | 134.7%89.9% | 63.2%31.7% |
Long-Term Price Volatility Vs. Market
How volatile is Alfa Laval's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Alfa Laval AB (publ) (STO:ALFA) Could Be Worth Watching3 weeks ago | Simply Wall St
Are Investors Undervaluing Alfa Laval AB (publ) (STO:ALFA) By 26%?1 month ago | Simply Wall St
Alfa Laval AB (publ) (STO:ALFA) Fell Short of Analyst Expectations: Here's What You Need To KnowValuation
Is Alfa Laval undervalued compared to its fair value and its price relative to the market?
8.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALFA (SEK222.1) is trading below our estimate of fair value (SEK242.08)
Significantly Below Fair Value: ALFA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ALFA is good value based on its PE Ratio (21.1x) compared to the SE Machinery industry average (30.7x).
PE vs Market: ALFA is good value based on its PE Ratio (21.1x) compared to the Swedish market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: ALFA is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: ALFA is overvalued based on its PB Ratio (3.2x) compared to the SE Machinery industry average (3.1x).
Next Steps
Future Growth
How is Alfa Laval forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
4.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALFA's forecast earnings growth (4.4% per year) is above the savings rate (0.5%).
Earnings vs Market: ALFA's earnings (4.4% per year) are forecast to grow slower than the Swedish market (11.6% per year).
High Growth Earnings: ALFA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALFA's revenue (2.4% per year) is forecast to grow slower than the Swedish market (3.4% per year).
High Growth Revenue: ALFA's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALFA's Return on Equity is forecast to be low in 3 years time (14.8%).
Next Steps
Past Performance
How has Alfa Laval performed over the past 5 years?
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALFA has high quality earnings.
Growing Profit Margin: ALFA's current net profit margins (10.1%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: ALFA's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: ALFA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALFA had negative earnings growth (-17.6%) over the past year, making it difficult to compare to the Machinery industry average (-33.8%).
Return on Equity
High ROE: ALFA's Return on Equity (15.4%) is considered low.
Next Steps
Financial Health
How is Alfa Laval's financial position?
Financial Position Analysis
Short Term Liabilities: ALFA's short term assets (SEK31.3B) exceed its short term liabilities (SEK18.6B).
Long Term Liabilities: ALFA's short term assets (SEK31.3B) exceed its long term liabilities (SEK16.5B).
Debt to Equity History and Analysis
Debt Level: ALFA's debt to equity ratio (40.4%) is considered high.
Reducing Debt: ALFA's debt to equity ratio has reduced from 92.4% to 40.4% over the past 5 years.
Debt Coverage: ALFA's debt is well covered by operating cash flow (63.9%).
Interest Coverage: ALFA's interest payments on its debt are well covered by EBIT (28.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Alfa Laval current dividend yield, its reliability and sustainability?
2.50%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALFA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALFA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ALFA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALFA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ALFA is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALFA's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Tom Erixon (60 yo)
4.67yrs
Tenure
kr26,592,000
Compensation
Mr. Tom Erixon serves as a Director of Boliden AB (publ) since 2013. He is President and CEO of Alfa Laval since March 1, 2016. He has been Member of the Board of Chinsay. He had served as a Managing partn...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD3.13M) is above average for companies of similar size in the Swedish market ($USD2.12M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 4.67yrs | kr26.59m | 0.028% SEK 25.5m | |
| Chief Financial Officer | 2.75yrs | no data | 0.0024% SEK 2.2m | |
| President of Operations Division | 3.83yrs | no data | 0.00024% SEK 221.3k | |
| Chief Information Officer | 2.58yrs | no data | no data | |
| Investor Relations Manager | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Counsel & Secretary | 5.83yrs | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Senior Vice President of Global Sales & Service | no data | no data | 0.0015% SEK 1.4m | |
| Senior Vice President of Human Resources | 2.25yrs | no data | no data | |
| Executive Vice President | 16.17yrs | no data | no data | |
| President of Food & Water Division | 15yrs | no data | 0.011% SEK 10.5m |
4.3yrs
Average Tenure
54.5yo
Average Age
Experienced Management: ALFA's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 7.83yrs | kr635.00k | 0.0048% SEK 4.4m | |
| Director | 0.58yr | no data | no data | |
| Director | 20.83yrs | kr635.00k | no data | |
| Director | 20.25yrs | kr585.00k | no data | |
| Independent Director | 2.83yrs | kr710.00k | 0.00095% SEK 875.9k | |
| Chairman of the Board | 0.58yr | no data | no data | |
| Employee Representative Director | 5.83yrs | no data | no data | |
| Independent Director | 1.58yrs | kr585.00k | no data | |
| Deputy Employee Representative Director | 15.83yrs | no data | no data | |
| Independent Director | 1.58yrs | kr710.00k | no data | |
| Employee Representative Director | 8.83yrs | no data | 0.000020% SEK 18.4k | |
| Employee Representative Director | 4.08yrs | no data | no data |
5.0yrs
Average Tenure
57yo
Average Age
Experienced Board: ALFA's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ALFA 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
Alfa Laval AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alfa Laval AB (publ)
- Ticker: ALFA
- Exchange: OM
- Founded: 1883
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr92.196b
- Shares outstanding: 419.46m
- Website: https://www.alfalaval.com
Number of Employees
Location
- Alfa Laval AB (publ)
- Rudeboksvägen 1
- Lund
- Skåne County
- 226 55
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ALFA | OM (OMX Nordic Exchange Stockholm) | Yes | Common Stock | SE | SEK | May 2002 |
| AA9 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | May 2002 |
| 0NNF | LSE (London Stock Exchange) | Yes | Common Stock | GB | SEK | May 2002 |
| ALFV.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | May 2002 |
| ALFAS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | SEK | May 2002 |
| ALFV.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in five segments: Energy, Food & Water, Marine, Greenhouse, and Operations...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 19:42 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.