Bergman & Beving
Market Cap
kr2.5b
Last Updated
2019/08/21 20:42 UTC
Data Sources
Company Financials +
Executive Summary
Bergman & Beving AB (publ) acquires, develops, and provides brands for the manufacturing and construction sectors.
Snowflake
Fundamentals
Flawless balance sheet, good value and pays a dividend.
Risks
- Bergman & Beving is covered by less than 3 analysts.
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
Market Performance
7 Day Return
2.7%
OM:BERG B
2.4%
SE Trade Distributors
2.2%
SE Market
1 Year Return
-6.4%
OM:BERG B
12.7%
SE Trade Distributors
-2.1%
SE Market
BERG B underperformed the Trade Distributors industry which returned 11.3% over the past year.
BERG B underperformed the Market in Sweden which returned -2.3% over the past year.
Share holder returns
| BERG B | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 2.4% | 2.2% |
| 30 Day | -2.5% | 0.2% | -3.4% |
| 90 Day | -13.4% | 3.2% | 0.5% |
| 1 Year | -4.0%-6.4% | 15.0%12.7% | 2.0%-2.1% |
| 3 Year | -9.9%-45.8% | 87.9%71.6% | 24.9%6.4% |
| 5 Year | 5.7%-38.4% | 201.9%141.5% | 45.2%14.5% |
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
Is Bergman & Beving AB (publ) (STO:BERG B) A Smart Pick For Income Investors?2 weeks ago | Simply Wall St
Bergman & Beving (STO:BERG B) Shares Have Generated A Total Return Of -5.3% In The Last Three Years4 weeks ago | Simply Wall St
Bergman & Beving AB (STO:BERG B): Is Growth Priced In?Valuation
Is Bergman & Beving undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Bergman & Beving's share price is below the future cash flow value, and at a moderate discount (> 20%).
Bergman & Beving's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Bergman & Beving is overvalued based on earnings compared to the SE Trade Distributors industry average.
Bergman & Beving is good value based on earnings compared to the Sweden market.
Price Based on Expected Growth
Bergman & Beving is poor value based on expected growth next year.
Price Based on Value of Assets
Bergman & Beving is good value based on assets compared to the SE Trade Distributors industry average.
Next Steps
Future Growth
How is Bergman & Beving expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
12.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Bergman & Beving's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Bergman & Beving's earnings are expected to grow by 12.4% yearly, however this is not considered high growth (20% yearly).
Bergman & Beving's revenue growth is positive but not above the Sweden market average.
Bergman & Beving's earnings growth is expected to exceed the Sweden market average.
Bergman & Beving's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Earnings per Share Growth Estimates
Future Return on Equity
Bergman & Beving is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Bergman & Beving performed over the past 5 years?
-16.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Bergman & Beving's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
Bergman & Beving's 1-year earnings growth exceeds its 5-year average (1.2% vs -16.4%)
Bergman & Beving's earnings growth has not exceeded the SE Trade Distributors industry average in the past year (1.2% vs 12.5%).
Return on Equity
Bergman & Beving has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Bergman & Beving used its assets less efficiently than the SE Trade Distributors industry average last year based on Return on Assets.
Return on Capital Employed
Bergman & Beving's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Bergman & Beving's financial position?
Financial Position Analysis
Bergman & Beving is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Bergman & Beving's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Bergman & Beving's level of debt (31.9%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (32.1% vs 31.9% today).
Debt is well covered by operating cash flow (37%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 22x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3.8x debt.
Next Steps
Dividend
What is Bergman & Beving's current dividend yield, its reliability and sustainability?
3.82%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase Bergman & Beving before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Bergman & Beving's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.92%).
Bergman & Beving's dividend is below the markets top 25% of dividend payers in Sweden (4.53%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
Next Steps
Management
What is the CEO of Bergman & Beving's salary, the management and board of directors tenure and is there insider trading?
2.3yrs
Average management tenure
CEO
Pontus Boman (48yo)
2.2yrs
Tenure
kr5,360,000
Compensation
Mr. Pontus Boman, M.Sc. Eng., has been Chief Executive Officer and President of B&B Tools AB (publ) since June 14, 2017. Mr. Boman served as the Chief Executive Officer and Managing Director of ESSVE Produ ...
CEO Compensation Analysis
Pontus's remuneration is higher than average for companies of similar size in Sweden.
Pontus's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.3yrs
Average Tenure
48yo
Average Age
The tenure for the Bergman & Beving management team is about average.
Board Age and Tenure
5.5yrs
Average Tenure
56.5yo
Average Age
The tenure for the Bergman & Beving board of directors is about average.
Insider Trading
More shares have been bought than sold by Bergman & Beving individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Financial Officer CFO & Secretary |
| Shares | 500 |
| Max Price | kr91.00 |
| Entity | Individual |
| Role | Senior Key Executive Head of Tools & Consumables Division |
| Shares | 750 |
| Max Price | kr94.00 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Secretary |
| Shares | 500 |
| Max Price | kr95.00 |
| Entity | Individual |
| Role | Chief Legal Officer Head of Acquisitions & Chief Legal Officer |
| Shares | 120 |
| Max Price | kr93.90 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Secretary |
| Shares | 1,000 |
| Max Price | kr93.75 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & President |
| Shares | 2,600 |
| Max Price | kr104.60 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Secretary |
| Shares | 1,400 |
| Max Price | kr108.00 |
| Entity | Company |
| Shares | 270,000 |
| Max Price | kr107.00 |
| Entity | Company |
| Shares | 48,000 |
| Max Price | kr101.83 |
| Entity | Company |
| Shares | 57,000 |
| Max Price | kr101.56 |
| Entity | Company |
| Shares | 625,000 |
| Max Price | kr100.54 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Secretary |
| Shares | 300 |
| Max Price | kr88.90 |
| Entity | Individual |
| Role | Chief Financial Officer CFO & Secretary |
| Shares | 20,000 |
| Max Price | kr7.10 |
| Entity | Individual |
| Shares | 400 |
| Max Price | kr94.79 |
Ownership Breakdown
Management Team
Peter Schön (50yo)
CFO & Secretary
- Tenure: 2.3yrs
- Compensation: kr3.43m
Magnus Billfalk
Group Treasurer
- Tenure: 5.6yrs
Pontus Boman (48yo)
CEO & President
- Tenure: 2.2yrs
- Compensation: kr5.36m
Martin Lundberg (40yo)
Head of Acquisitions & Chief Legal Officer
- Tenure: 0.0yrs
Jens Henriksen (50yo)
Chief Executive Officer of TOOLS Norway
- Tenure: 0.0yrs
Jimmy Norlinder (48yo)
Chief Executive Officer of Momentum Industrial
- Tenure: 0.0yrs
Ulf Carlsson (62yo)
Chief Business Development Officer
- Tenure: 0.0yrs
Fredrik Valentin (45yo)
Head of Workplace Safety Division
- Tenure: 0.0yrs
Max Lagerstedt (43yo)
Head of Building Materials Division
- Tenure: 0.0yrs
Oscar Fredell (41yo)
Head of Tools & Consumables Division
- Tenure: 0.0yrs
Board Members
Roger Bergqvist (71yo)
Director
- Tenure: 7.0yrs
- Compensation: kr275.00k
Anders Börjesson (71yo)
Director
- Tenure: 29.6yrs
- Compensation: kr275.00k
Johan Sjö (52yo)
Chairman of the Board
- Tenure: 1.0yrs
- Compensation: kr700.00k
Lillemor Backstrom (65yo)
Employee Representative Director
- Tenure: 13.6yrs
Henrik Hedelius (53yo)
Director
- Tenure: 4.0yrs
- Compensation: kr275.00k
Anette Swanemar (60yo)
Employee Representative Director
- Tenure: 9.6yrs
Malin Nordesjö (43yo)
Director
- Tenure: 2.2yrs
- Compensation: kr325.00k
Louise Undén (43yo)
Director
- Tenure: 2.2yrs
- Compensation: kr275.00k
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: kr2.504b
- Shares outstanding: 27.01m
- 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 |
Biography
Bergman & Beving AB (publ) acquires, develops, and provides brands for the manufacturing and construction sectors. The company operates through three divisions: Building Materials, Workplace Safety, and To ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/21 20:42 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.