Balco Group AB engages in developing, manufacturing, selling, and installing balcony systems for tenant-owner associations, private landlords, and public housing and construction companies.
Balco Group AB engages in developing, manufacturing, selling, and installing balcony systems for tenant-owner associations, private landlords, and public housing and construction companies. The company operates in two segments, Renovation and New Build. It offers glazed, open, city, maritime, and prefabricated balconies, as well as provides facade solutions; and accessories and other products comprising privacy screens, side and intermediate screens, glass corners, balcony doors, sun protection, roller blinds, flower boxes, flag brackets, solar panels, and locks.
Balco Group Fundamentals Summary
How do Balco Group's earnings and revenue compare to its market cap?
Is BALCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BALCO?
Other financial metrics that can be useful for relative valuation.
The above table shows the n/a ratio for BALCO. This is calculated by dividing BALCO's market cap by their current
preferred multiple.
What is BALCO's n/a Ratio?
n/a Ratio
0x
n/a
n/a
Market Cap
kr1.47b
BALCO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Price-To-Earnings vs Industry: BALCO is good value based on its Price-To-Earnings Ratio (15.8x) compared to the Swedish Building industry average (16.5x)
Price to Earnings Ratio vs Fair Ratio
What is BALCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
BALCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio
15.8x
Fair PE Ratio
22.8x
Price-To-Earnings vs Fair Ratio: BALCO is good value based on its Price-To-Earnings Ratio (15.8x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).
Share Price vs Fair Value
What is the Fair Price of BALCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BALCO (SEK67) is trading above our estimate of fair value (SEK46.58)
Significantly Below Fair Value: BALCO is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: BALCO is good value based on its PEG Ratio (0.6x)
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Future Growth
How is Balco Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
26.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BALCO's forecast earnings growth (26.7% per year) is above the savings rate (0.3%).
Earnings vs Market: BALCO's earnings (26.7% per year) are forecast to grow faster than the Swedish market (9.8% per year).
High Growth Earnings: BALCO's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BALCO's revenue (15.8% per year) is forecast to grow faster than the Swedish market (5.6% per year).
High Growth Revenue: BALCO's revenue (15.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BALCO's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Balco Group performed over the past 5 years?
Past Performance Score
5/6
Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
19.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BALCO has high quality earnings.
Growing Profit Margin: BALCO's current net profit margins (8%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: BALCO's earnings have grown by 19.1% per year over the past 5 years.
Accelerating Growth: BALCO's earnings growth over the past year (35.5%) exceeds its 5-year average (19.1% per year).
Earnings vs Industry: BALCO earnings growth over the past year (35.5%) exceeded the Building industry 34.7%.
Return on Equity
High ROE: BALCO's Return on Equity (13.1%) is considered low.
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Financial Health
How is Balco Group's financial position?
Financial Health Score
5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BALCO's short term assets (SEK473.8M) exceed its short term liabilities (SEK307.1M).
Long Term Liabilities: BALCO's short term assets (SEK473.8M) exceed its long term liabilities (SEK252.7M).
Debt to Equity History and Analysis
Debt Level: BALCO's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: BALCO's debt to equity ratio has reduced from 234% to 17.2% over the past 5 years.
Debt Coverage: BALCO's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: BALCO's interest payments on its debt are well covered by EBIT (27.1x coverage).
Balance Sheet
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Dividend
What is Balco Group current dividend yield, its reliability and sustainability?
Dividend Score
2/6
Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.99%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BALCO's dividend (2.99%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).
High Dividend: BALCO's dividend (2.99%) is low compared to the top 25% of dividend payers in the Swedish market (5.41%).
Stability and Growth of Payments
Stable Dividend: BALCO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BALCO's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), BALCO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1154.3%), BALCO's dividend payments are not well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Kenneth Lundahl (54 yo)
9.42yrs
Tenure
kr6,231,000
Compensation
Mr. Kenneth Lundahl serves as President and Chief Executive Officer at Slutplattan Solmo 110090 Ab (formerly known as Balco AB). Mr. Lundahl has been Chief Executive Officer of Balco Group AB (publ) since...
CEO Compensation Analysis
Compensation vs Market: Kenneth's total compensation ($USD615.32K) is above average for companies of similar size in the Swedish market ($USD233.45K).
Compensation vs Earnings: Kenneth's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BALCO's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: BALCO's board of directors are considered experienced (3.6 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
Balco Group AB's employee growth, exchange listings and data sources
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2022/06/26 00:00
End of Day Share Price
2022/06/23 00:00
Earnings
2022/03/31
Annual Earnings
2021/12/31
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.