Concentric AB (publ)

OM:COIC Stock Report

Market Cap: SEK 8.5b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Concentric Management

Management criteria checks 3/4

Concentric's CEO is Martin Kunz, appointed in Mar 2022, has a tenure of 2.58 years. total yearly compensation is SEK9.26M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth SEK2.97M. The average tenure of the management team and the board of directors is 2.6 years and 4.5 years respectively.

Key information

Martin Kunz

Chief executive officer

SEK 9.3m

Total compensation

CEO salary percentage77.2%
CEO tenure2.6yrs
CEO ownership0.03%
Management average tenure2.6yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Concentric (STO:COIC) Seems To Use Debt Quite Sensibly

Jun 20
Concentric (STO:COIC) Seems To Use Debt Quite Sensibly

Concentric AB (publ) Just Beat Revenue By 8.8%: Here's What Analysts Think Will Happen Next

May 11
Concentric AB (publ) Just Beat Revenue By 8.8%: Here's What Analysts Think Will Happen Next

Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25

Mar 20
Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25

Feb 10
Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25

At kr173, Is It Time To Put Concentric AB (publ) (STO:COIC) On Your Watch List?

Dec 15
At kr173, Is It Time To Put Concentric AB (publ) (STO:COIC) On Your Watch List?

Is Concentric (STO:COIC) A Risky Investment?

Nov 11
Is Concentric (STO:COIC) A Risky Investment?

We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease

Jun 21
We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease

Is Concentric (STO:COIC) Using Too Much Debt?

May 10
Is Concentric (STO:COIC) Using Too Much Debt?

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05
Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00

Feb 11
Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Jan 10
Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Is Concentric (STO:COIC) Using Too Much Debt?

Dec 13
Is Concentric (STO:COIC) Using Too Much Debt?

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Nov 19
Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching

Oct 27
Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching

Concentric (STO:COIC) Has A Rock Solid Balance Sheet

Sep 02
Concentric (STO:COIC) Has A Rock Solid Balance Sheet

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Aug 08
Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

We Think Concentric (STO:COIC) Can Manage Its Debt With Ease

May 13
We Think Concentric (STO:COIC) Can Manage Its Debt With Ease

Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year

Apr 22
Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 08
Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

CEO Compensation Analysis

How has Martin Kunz's remuneration changed compared to Concentric's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

SEK 285m

Mar 31 2024n/an/a

SEK 396m

Dec 31 2023SEK 9mSEK 7m

SEK 417m

Sep 30 2023n/an/a

SEK 441m

Jun 30 2023n/an/a

SEK 478m

Mar 31 2023n/an/a

SEK 492m

Dec 31 2022SEK 7mSEK 5m

SEK 501m

Compensation vs Market: Martin's total compensation ($USD873.32K) is about average for companies of similar size in the Swedish market ($USD797.71K).

Compensation vs Earnings: Martin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Martin Kunz (59 yo)

2.6yrs

Tenure

SEK 9,261,000

Compensation

Mr. Martin Kunz is President & Chief Executive Officer of Concentric AB (publ) from March 01, 2022. He has been an Independent Director at LiqTech International, Inc. since June 26, 2023. He has worked out...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Kunz
President & CEO2.6yrsSEK 9.26m0.035%
SEK 3.0m
Marcus Whitehouse
Chief Financial Officer6.8yrsno data0.00030%
SEK 25.5k
Riccardo Cavallari
VP of Operational Excellenceno datano datano data
Jennifer Wilson
Vice President of HR & Sustainability1.8yrsno datano data
John Beadsworth
Interim Senior VP and Head of Europe & Rest of the World3.1yrsno datano data
Brandon Larche
Senior VP & COO of EMP3yrsno data0%
SEK 0
Fernando Palmero
Senior Vice President of Hydraulics Division2.2yrsno datano data
Boris Gavric
Senior Vice President Engines & Thermal Solutions2yrsno datano data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: COIC's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Claes Akesson
Independent Director14.8yrsSEK 550.00k0%
SEK 0
Joachim Rosenberg
Independent Director3.5yrsSEK 375.00k0.0027%
SEK 228.7k
Martin Sköld
Independent Director14.8yrsSEK 375.00k0.0011%
SEK 91.8k
Karin Gunnarsson
Independent Director5.5yrsSEK 450.00k0%
SEK 0
Frida Sams
Directorless than a yearno datano data
Anders Nielsen
Independent Chairman of the Board7.8yrsSEK 1.03m0%
SEK 0
Petra Sundstrom
Independent Director3.5yrsSEK 375.00k0.00054%
SEK 45.9k
Mark Williamson
Directorless than a yearno datano data

4.5yrs

Average Tenure

58yo

Average Age

Experienced Board: COIC's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/28 06:10
End of Day Share Price 2024/10/28 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Concentric AB (publ) is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Erik Pettersson-GolrangABG Sundal Collier
Björn EnarsonDanske Bank
Mats LissKepler Cheuvreux