Concentric (OM:COIC) - Stock Price, News & Analysis

COIC Stock Overview

Designs, develops, manufactures, and distributes hydraulic and engine solutions in Sweden and internationally.

COIC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 45.6% below our estimate of its fair value

Earnings are forecast to grow 24.38% per year

Risk Analysis

Highly volatile share price over the past 3 months

Profit margins (7.2%) are lower than last year (11%)

Unstable dividend track record

Concentric AB (publ) Competitors

VBG Group

OM:VBG B

SEK 9.6b

engcon

OM:ENGCON B

SEK 17.3b

Epiroc

OM:EPI A

SEK 238.8b

Alimak Group

OM:ALIG

SEK 11.5b

Price History & Performance

Summary of all time highs, changes and price drops for Concentric
Historical stock prices
Current Share Price	SEK 222.00
52 Week High	SEK 232.50
52 Week Low	SEK 133.00
Beta	1.44
11 Month Change	53.74%
3 Month Change	21.58%
1 Year Change	39.45%
33 Year Change	31.05%
5 Year Change	85.93%
Change since IPO	513.26%

Recent updates

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

Jun 20

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

May 11

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

Jun 21

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

May 10

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

Apr 05

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

Feb 11

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

Jan 10

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

Dec 13

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

Nov 19

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

Oct 27

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

Sep 02

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

Aug 08

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

May 13

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

Apr 22

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

Apr 08

Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

Jan 01

Shareholder Returns

	COIC	SE Machinery	SE Market
7D	-3.1%	2.5%	0.8%
1Y	39.4%	21.8%	23.4%

Return vs Industry: COIC exceeded the Swedish Machinery industry which returned 17.6% over the past year.

Return vs Market: COIC exceeded the Swedish Market which returned 21.7% over the past year.

Price Volatility

Is COIC's price volatile compared to industry and market?
COIC volatility
COIC Average Weekly Movement	17.1%
Machinery Industry Average Movement	5.9%
Market Average Movement	5.5%
10% most volatile stocks in SE Market	11.7%
10% least volatile stocks in SE Market	3.2%

Stable Share Price: COIC's share price has been volatile over the past 3 months.

Volatility Over Time: COIC's weekly volatility has increased from 10% to 17% over the past year.

About the Company

Founded	Employees	CEO	Website
1921	1,180	Martin Kunz	www.concentricab.com

Concentric AB (publ), together with its subsidiaries, designs, develops, manufactures, and distributes hydraulic and engine solutions in Sweden and internationally. The company operates through two segments, Engines and Hydraulics. It provides engine products, including lubricant, coolant, and fuel transfer pumps for diesel engines to OEMs and diesel engine manufacturers.

Concentric AB (publ) Fundamentals Summary

How do Concentric's earnings and revenue compare to its market cap?
COIC fundamental statistics
Market cap	SEK 8.24b
Earnings (TTM)	SEK 285.00m
Revenue (TTM)	SEK 3.94b

28.9x

P/E Ratio

2.1x

P/S Ratio

Is COIC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COIC income statement (TTM)
Revenue	SEK 3.94b
Cost of Revenue	SEK 2.98b
Gross Profit	SEK 954.00m
Other Expenses	SEK 669.00m
Earnings	SEK 285.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 06, 2024

Earnings per share (EPS)	7.68
Gross Margin	24.23%
Net Profit Margin	7.24%
Debt/Equity Ratio	38.0%

How did COIC perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

56%

Payout Ratio

COIC Stock Overview

Rewards

Risk Analysis

Concentric AB (publ) Competitors

OM:VBG B

SEK 9.6b

OM:ENGCON B

SEK 17.3b

OM:EPI A

SEK 238.8b

OM:ALIG

SEK 11.5b

Price History & Performance

Recent News & Updates

Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million.

A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion.

Consensus EPS estimates fall by 15%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Concentric AB (publ) to Report Q1, 2025 Results on May 07, 2025

Consensus EPS estimates fall by 21%

Recent updates

Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million.

A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion.

Consensus EPS estimates fall by 15%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Concentric AB (publ) to Report Q1, 2025 Results on May 07, 2025

Consensus EPS estimates fall by 21%

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

Concentric AB (publ) Provides Sales Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: EPS: kr2.69 (vs kr3.19 in 1Q 2023)

Concentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board Members

Upcoming dividend of kr4.25 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

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

Concentric AB (Publ) Announces Retirement of Susanna Schneeberger as Board Member

Consensus EPS estimates fall by 13%

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

Dividend increased to kr4.25

Full year 2023 earnings: EPS and revenues miss analyst expectations

Concentric AB (Publ) Proposes Dividend for the Financial Year 2023

Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024

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

Is Concentric (STO:COIC) A Risky Investment?

Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)

Price target decreased by 9.8% to kr203

Concentric AB (Publ) Announces Appointment of Nomination Committee

Concentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024

Concentric AB (publ) to Report Fiscal Year 2023 Results on Feb 07, 2024

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

Now 20% undervalued

Now 22% undervalued

Concentric AB (Publ) Announces Sales Guidance for the Year 2023

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

Concentric AB (Publ) Provides Sales Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of kr4.00 per share at 1.9% yield

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

Full year 2022 earnings: Revenues in line with analyst expectations

Investor sentiment deteriorates as stock falls 16%

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

Price target increased by 10.0% to kr232

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Concentric AB Provides Sales Guidance for the First Quarter of 2023

Concentric AB (publ) to Report First Half, 2023 Results on Jul 26, 2023

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

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

Concentric AB (publ) to Report Q4, 2022 Results on Feb 08, 2023

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

Price target decreased to kr220

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Price target decreased to kr220

Concentric AB (publ) Announces the Nomination Committee for Its Annual General Meeting 2023

Concentric AB (publ), Annual General Meeting, Apr 18, 2023

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

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

Concentric AB Appoints Fernando Palmero as Senior Vice President Hydraulics Division

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Concentric AB (Publ) Announces Termination of Jesse Smith as Senior Vice President