Bergman & Beving
Market Cap
kr2.3b
Last Updated
2020/11/25 22:09 UTC
Data Sources
Company Financials +
Executive Summary
Bergman & Beving AB (publ) acquires, designs, develops, and provides products and brands for the manufacturing and construction sectors in Sweden, Norway, Finland, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Bergman & Beving's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BERG B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BERG B's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.8%
BERG B
0.7%
SE Trade Distributors
0.1%
SE Market
1 Year Return
8.4%
BERG B
33.8%
SE Trade Distributors
16.7%
SE Market
Return vs Industry: BERG B underperformed the Swedish Trade Distributors industry which returned 33.3% over the past year.
Return vs Market: BERG B underperformed the Swedish Market which returned 16.5% over the past year.
Shareholder returns
| BERG B | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 0.7% | 0.1% |
| 30 Day | 0.6% | 3.1% | 7.3% |
| 90 Day | 7.3% | -5.3% | 7.3% |
| 1 Year | 10.5%8.4% | 34.4%33.8% | 18.5%16.7% |
| 3 Year | -1.1%-8.3% | 108.0%99.0% | 41.3%26.0% |
| 5 Year | 17.8%-32.6% | 233.1%183.8% | 60.4%29.4% |
Long-Term Price Volatility Vs. Market
How volatile is Bergman & Beving's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Much Is Bergman & Beving AB (publ) (STO:BERG B) CEO Getting Paid?2 weeks ago | Simply Wall St
Insider Buying: The Bergman & Beving AB (publ) (STO:BERG B) Independent Director Just Bought 87% More Shares1 month ago | Simply Wall St
Is This A Sign of Things To Come At Bergman & Beving (STO:BERG B)?Valuation
Is Bergman & Beving undervalued compared to its fair value and its price relative to the market?
18.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BERG B (SEK86.4) is trading above our estimate of fair value (SEK58.33)
Significantly Below Fair Value: BERG B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BERG B is good value based on its PE Ratio (18.2x) compared to the SE Trade Distributors industry average (23.2x).
PE vs Market: BERG B is good value based on its PE Ratio (18.2x) compared to the Swedish market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: BERG B is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: BERG B is good value based on its PB Ratio (1.5x) compared to the SE Trade Distributors industry average (2.8x).
Next Steps
Future Growth
How is Bergman & Beving forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
17.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BERG B's forecast earnings growth (17.1% per year) is above the savings rate (0.5%).
Earnings vs Market: BERG B's earnings (17.1% per year) are forecast to grow faster than the Swedish market (11.6% per year).
High Growth Earnings: BERG B's earnings are forecast to grow, but not significantly.
Revenue vs Market: BERG B's revenue (1.6% per year) is forecast to grow slower than the Swedish market (3.4% per year).
High Growth Revenue: BERG B's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BERG B's Return on Equity is forecast to be low in 3 years time (10.9%).
Next Steps
Past Performance
How has Bergman & Beving performed over the past 5 years?
-23.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BERG B has high quality earnings.
Growing Profit Margin: BERG B's current net profit margins (3%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: BERG B's earnings have declined by 23% per year over the past 5 years.
Accelerating Growth: BERG B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BERG B had negative earnings growth (-15.7%) over the past year, making it difficult to compare to the Trade Distributors industry average (-4.6%).
Return on Equity
High ROE: BERG B's Return on Equity (8%) is considered low.
Next Steps
Financial Health
How is Bergman & Beving's financial position?
Financial Position Analysis
Short Term Liabilities: BERG B's short term assets (SEK2.2B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: BERG B's short term assets (SEK2.2B) exceed its long term liabilities (SEK1.6B).
Debt to Equity History and Analysis
Debt Level: BERG B's debt to equity ratio (43.7%) is considered high.
Reducing Debt: BERG B's debt to equity ratio has increased from 19.2% to 43.7% over the past 5 years.
Debt Coverage: BERG B's debt is well covered by operating cash flow (56.4%).
Interest Coverage: BERG B's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Bergman & Beving current dividend yield, its reliability and sustainability?
1.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BERG B's dividend (1.74%) is higher than the bottom 25% of dividend payers in the Swedish market (1.19%).
High Dividend: BERG B's dividend (1.74%) is low compared to the top 25% of dividend payers in the Swedish market (3.81%).
Stability and Growth of Payments
Stable Dividend: BERG B's dividend payments have been volatile in the past 10 years.
Growing Dividend: BERG B's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.6%), BERG B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BERG B's dividends in 3 years are forecast to be well covered by earnings (42.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Pontus Boman (49 yo)
3.42yrs
Tenure
kr5,756,000
Compensation
Mr. Pontus Boman, M.Sc. Eng., has been Chief Executive Officer and President of Bergman & Beving AB (publ) (formerly known as B&B Tools AB (publ)) since June 14, 2017. Mr. Boman served as the Chief Executi...
CEO Compensation Analysis
Compensation vs Market: Pontus's total compensation ($USD675.74K) is above average for companies of similar size in the Swedish market ($USD394.90K).
Compensation vs Earnings: Pontus's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 3.42yrs | kr5.76m | 0.25% SEK 5.8m | |
| CFO & Secretary | 3.58yrs | kr3.43m | 0.032% SEK 738.8k | |
| Head of Acquisitions & Chief Legal Officer | no data | no data | 0.015% SEK 345.6k | |
| Chief Business Development Officer | no data | no data | 0.027% SEK 622.7k | |
| Head of Workplace Safety Division | no data | no data | 0.047% SEK 1.1m | |
| Head of Tools & Consumables Division | no data | no data | 0.017% SEK 380.2k | |
| Group Treasurer | 6.83yrs | no data | no data | |
| Chief Executive Officer of TOOLS Norway | no data | no data | no data | |
| Chief Executive Officer of Momentum Industrial | no data | no data | no data | |
| Chief Executive Officer of Gigant AB | no data | no data | no data | |
| Chief Executive Officer of TOOLS Sverige AB | 4.58yrs | no data | no data | |
| Chief Executive Officer of B&B TOOLS Holding Fi Oy | 4.58yrs | no data | no data |
4.6yrs
Average Tenure
49yo
Average Age
Experienced Management: BERG B's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 1.83yrs | kr700.00k | 0.29% SEK 6.6m | |
| Employee Representative Director | 14.83yrs | no data | no data | |
| Director | 0.83yr | kr390.00k | no data | |
| Independent Director | 5.25yrs | kr275.00k | 0.048% SEK 1.1m | |
| Employee Representative Director | 10.83yrs | no data | no data | |
| Independent Director | 1.83yrs | kr275.00k | 0.12% SEK 2.8m | |
| Independent Director | 3.42yrs | kr325.00k | 0.13% SEK 2.9m |
3.4yrs
Average Tenure
55yo
Average Age
Experienced Board: BERG B's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BERG B 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
Bergman & Beving AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bergman & Beving AB (publ)
- Ticker: BERG B
- Exchange: OM
- Founded: 1906
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: kr2.290b
- Shares outstanding: 26.51m
- Website: https://www.bergmanbeving.com
Number of Employees
Location
- Bergman & Beving AB (publ)
- Box 10024
- Stockholm
- Stockholm County
- 100 55
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BERG B | OM (OMX Nordic Exchange Stockholm) | Yes | Class B Shares | SE | SEK | Jan 1992 |
| 0I5O | LSE (London Stock Exchange) | Yes | Class B Shares | GB | SEK | Jan 1992 |
| BERGBS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class B Shares | GB | SEK | Jan 1992 |
Biography
Bergman & Beving AB (publ) acquires, designs, develops, and provides products and brands for the manufacturing and construction sectors in Sweden, Norway, Finland, and internationally. The company operates...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 22:09 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.