OM:BERG B

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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


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.9%

BERG B

-5.4%

SE Trade Distributors

-2.0%

SE Market


1 Year Return

1.9%

BERG B

46.3%

SE Trade Distributors

15.2%

SE Market

Return vs Industry: BERG B underperformed the Swedish Trade Distributors industry which returned 52% over the past year.

Return vs Market: BERG B underperformed the Swedish Market which returned 16.9% over the past year.


Shareholder returns

BERG BIndustryMarket
7 Day-1.9%-5.4%-2.0%
30 Day-0.6%1.0%2.9%
90 Day2.5%-1.0%4.9%
1 Year3.9%1.9%46.9%46.3%17.3%15.2%
3 Year-7.2%-14.0%127.0%117.4%34.7%20.2%
5 Year31.7%-24.7%292.3%234.0%62.9%31.2%

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

Valuation

Is Bergman & Beving undervalued compared to its fair value and its price relative to the market?

19.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BERG B (SEK84.9) is trading above our estimate of fair value (SEK80.82)

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 (19.3x) compared to the SE Trade Distributors industry average (22x).

PE vs Market: BERG B is good value based on its PE Ratio (19.3x) 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 (1.4x) compared to the SE Trade Distributors industry average (2.6x).


Next Steps

Future Growth

How is Bergman & Beving forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

17.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BERG B's forecast earnings growth (17.9% per year) is above the savings rate (0.5%).

Earnings vs Market: BERG B's earnings (17.9% per year) are forecast to grow faster than the Swedish market (12.9% per year).

High Growth Earnings: BERG B's earnings are forecast to grow, but not significantly.

Revenue vs Market: BERG B's revenue (1.9% per year) is forecast to grow slower than the Swedish market (3.1% per year).

High Growth Revenue: BERG B's revenue (1.9% 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 (10.6%).


Next Steps

Past Performance

How has Bergman & Beving performed over the past 5 years?

-23.2%

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 (2.8%) are lower than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: BERG B's earnings have declined by 23.2% 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 (-28.4%) over the past year, making it difficult to compare to the Trade Distributors industry average (9.2%).


Return on Equity

High ROE: BERG B's Return on Equity (7.2%) 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 (SEK2.1B) exceed its short term liabilities (SEK1.4B).

Long Term Liabilities: BERG B's short term assets (SEK2.1B) exceed its long term liabilities (SEK1.7B).


Debt to Equity History and Analysis

Debt Level: BERG B's debt to equity ratio (45.6%) is considered high.

Reducing Debt: BERG B's debt to equity ratio has increased from 17% to 45.6% over the past 5 years.

Debt Coverage: BERG B's debt is well covered by operating cash flow (36.9%).

Interest Coverage: BERG B's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Bergman & Beving current dividend yield, its reliability and sustainability?

1.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BERG B's dividend (1.77%) is higher than the bottom 25% of dividend payers in the Swedish market (1.14%).

High Dividend: BERG B's dividend (1.77%) is low compared to the top 25% of dividend payers in the Swedish market (4.31%).


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 (34.1%), 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 (41.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Pontus Boman (49 yo)

3.33yrs

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 ($USD659.70K) is above average for companies of similar size in the Swedish market ($USD384.02K).

Compensation vs Earnings: Pontus's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Pontus Boman
CEO & President3.33yrskr5.76m0.25%
SEK 5.6m
Peter Schön
CFO & Secretary3.5yrskr3.43m0.032%
SEK 730.9k
Martin Lundberg
Head of Acquisitions & Chief Legal Officerno datano data0.015%
SEK 342.1k
Ulf Carlsson
Chief Business Development Officerno datano data0.027%
SEK 616.1k
Fredrik Valentin
Head of Workplace Safety Divisionno datano data0.047%
SEK 1.1m
Oscar Fredell
Head of Tools & Consumables Divisionno datano data0.016%
SEK 376.3k
Magnus Billfalk
Group Treasurer6.75yrsno datano data
Jens Henriksen
Chief Executive Officer of TOOLS Norwayno datano datano data
Jimmy Norlinder
Chief Executive Officer of Momentum Industrialno datano datano data
Olof Nyberg
Chief Executive Officer of Gigant ABno datano datano data
Torbjörn Eriksson
Chief Executive Officer of TOOLS Sverige AB4.5yrsno datano data
Mika Kärki
Chief Executive Officer of B&B TOOLS Holding Fi Oy4.5yrsno datano data

4.5yrs

Average Tenure

49yo

Average Age

Experienced Management: BERG B's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jörgen Wigh
Independent Chairman of the Board1.75yrskr700.00k0.29%
SEK 6.5m
Lillemor Backstrom
Employee Representative Director14.75yrsno datano data
Charlotte Hansson
Director0.75yrkr390.00k0%
SEK 0
Henrik Hedelius
Independent Director5.17yrskr275.00k0.048%
SEK 1.1m
Anette Swanemar
Employee Representative Director10.75yrsno datano data
Alexander Helm
Independent Director1.75yrskr275.00k0.0092%
SEK 210.1k
Fredrik Börjesson
Independent Director1.75yrskr275.00k0.12%
SEK 2.8m
Malin Nordesjö
Independent Director3.33yrskr325.00k0.068%
SEK 1.5m

2.5yrs

Average Tenure

54.5yo

Average Age

Experienced Board: BERG B's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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: kr2.283b
  • Shares outstanding: 26.71m
  • Website: https://www.bergmanbeving.com

Number of Employees


Location

  • Bergman & Beving AB (publ)
  • Box 10024
  • Stockholm
  • Stockholm County
  • 100 55
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BERG BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKJan 1992
0I5OLSE (London Stock Exchange)YesClass B SharesGBSEKJan 1992
BERGBSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 22:14
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.