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BEGR

BE Group OM:BEGR Stock Report

Last Price

kr108.80

Market Cap

kr1.4b

7D

-8.4%

1Y

86.9%

Updated

26 Jun, 2022

Data

Company Financials +
BEGR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

BEGR Stock Overview

BE Group AB (publ) operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Poland, Finland, and the Baltic States.

BE Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BE Group
Historical stock prices
Current Share Pricekr108.80
52 Week Highkr249.00
52 Week Lowkr58.00
Beta0.77
1 Month Change-25.28%
3 Month Change-33.25%
1 Year Change86.94%
3 Year Change147.84%
5 Year Change57.68%
Change since IPO-91.63%

Recent News & Updates

Shareholder Returns

BEGRSE Trade DistributorsSE Market
7D-8.4%-4.1%-1.3%
1Y86.9%-9.7%-23.6%

Return vs Industry: BEGR exceeded the Swedish Trade Distributors industry which returned -9.7% over the past year.

Return vs Market: BEGR exceeded the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is BEGR's price volatile compared to industry and market?
BEGR volatility
BEGR Average Weekly Movement10.7%
Trade Distributors Industry Average Movement7.4%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: BEGR is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: BEGR's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
1868663Peter Anderssonhttps://www.begroup.com

BE Group AB (publ) operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Poland, Finland, and the Baltic States. The company offers long steel products comprising beams, hollow sections, steel bars, and steel tubes; flat steel products, such as plates and sheets in various forms, including hot-rolled, cold-rolled, or metal-coated; and engineering steel comprising rods and hollow cast blanks. It also provides stainless steel assortments, including plates, sheets, bars, tubes, and tube parts; reinforcement steel and reinforcement mesh products; and aluminium products, such as plates, sheets, profiles, and bars and tubes.

BE Group Fundamentals Summary

How do BE Group's earnings and revenue compare to its market cap?
BEGR fundamental statistics
Market Capkr1.41b
Earnings (TTM)kr580.00m
Revenue (TTM)kr6.13b

2.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BEGR income statement (TTM)
Revenuekr6.13b
Cost of Revenuekr4.91b
Gross Profitkr1.22b
Other Expenseskr642.00m
Earningskr580.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 13, 2022

Earnings per share (EPS)44.67
Gross Margin19.92%
Net Profit Margin9.46%
Debt/Equity Ratio17.7%

How did BEGR perform over the long term?

See historical performance and comparison

Dividends

11.0%

Current Dividend Yield

27%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BEGR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 BEGR?

Other financial metrics that can be useful for relative valuation.

BEGR 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.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA2.9x
PEG Ratio-0.2x

Price to Earnings Ratio vs Peers

How does BEGR's PE Ratio compare to its peers?

BEGR PE Ratio vs Peers
The above table shows the PE ratio for BEGR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.2x

Price-To-Earnings vs Peers: BEGR is good value based on its Price-To-Earnings Ratio (2.4x) compared to the peer average (15.2x).


Price to Earnings Ratio vs Industry

How does BEGR's PE Ratio compare vs other companies in the Trade Distributors Industry?

Price-To-Earnings vs Industry: BEGR is good value based on its Price-To-Earnings Ratio (2.4x) compared to the Swedish Trade Distributors industry average (17.9x)


Price to Earnings Ratio vs Fair Ratio

What is BEGR'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.

BEGR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.4x
Fair PE Ratio10.8x

Price-To-Earnings vs Fair Ratio: BEGR is good value based on its Price-To-Earnings Ratio (2.4x) compared to the estimated Fair Price-To-Earnings Ratio (10.8x).


Share Price vs Fair Value

What is the Fair Price of BEGR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BEGR (SEK108.8) is trading below our estimate of fair value (SEK196.4)

Significantly Below Fair Value: BEGR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: BEGR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is BE Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-15.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEGR's earnings are forecast to decline over the next 3 years (-15.5% per year).

Earnings vs Market: BEGR's earnings are forecast to decline over the next 3 years (-15.5% per year).

High Growth Earnings: BEGR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BEGR's revenue (3.5% per year) is forecast to grow slower than the Swedish market (5.6% per year).

High Growth Revenue: BEGR's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BEGR's Return on Equity is forecast to be low in 3 years time (18.8%).


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Past Performance

How has BE 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


58.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BEGR has a high level of non-cash earnings.

Growing Profit Margin: BEGR's current net profit margins (9.5%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: BEGR's earnings have grown significantly by 58.9% per year over the past 5 years.

Accelerating Growth: BEGR's earnings growth over the past year (544.4%) exceeds its 5-year average (58.9% per year).

Earnings vs Industry: BEGR earnings growth over the past year (544.4%) exceeded the Trade Distributors industry 41.7%.


Return on Equity

High ROE: BEGR's Return on Equity (37%) is considered high.


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Financial Health

How is BE Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BEGR's short term assets (SEK2.3B) exceed its short term liabilities (SEK1.3B).

Long Term Liabilities: BEGR's short term assets (SEK2.3B) exceed its long term liabilities (SEK693.0M).


Debt to Equity History and Analysis

Debt Level: BEGR's net debt to equity ratio (10.1%) is considered satisfactory.

Reducing Debt: BEGR's debt to equity ratio has reduced from 70% to 17.7% over the past 5 years.

Debt Coverage: BEGR's debt is well covered by operating cash flow (28.8%).

Interest Coverage: BEGR's interest payments on its debt are well covered by EBIT (51.4x coverage).


Balance Sheet


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Dividend

What is BE Group current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


11.03%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BEGR's dividend (11.03%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).

High Dividend: BEGR's dividend (11.03%) is in the top 25% of dividend payers in the Swedish market (5.41%)


Stability and Growth of Payments

Stable Dividend: BEGR's dividend payments have been volatile in the past 10 years.

Growing Dividend: BEGR's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.9%), BEGR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (305.5%), BEGR'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?

2.3yrs

Average management tenure


CEO

Peter Andersson (46 yo)

2.67yrs

Tenure

kr4,220,000

Compensation

Mr. Peter Andersson serves as President of BE Group AB (publ) since October 11, 2019 and has been its Chief Executive Officer since October 1 ,2019. Since 2016, he employed at BE Group as Business Unit Man...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD416.73K) is above average for companies of similar size in the Swedish market ($USD233.45K).

Compensation vs Earnings: Peter's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BEGR's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: BEGR's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BEGR 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

BE Group AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: BE Group AB (publ)
  • Ticker: BEGR
  • Exchange: OM
  • Founded: 1868
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: kr1.413b
  • Shares outstanding: 12.98m
  • Website: https://www.begroup.com

Number of Employees


Location

  • BE Group AB (publ)
  • Krangatan 4B
  • Box 225
  • Malmö
  • Skåne County
  • 201 22
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.