CTT Systems AB provides aerospace products for active humidity control worldwide. More Details
Flawless balance sheet with high growth potential.
Share Price & News
How has CTT Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTT's share price has been volatile over the past 3 months.
7 Day Return
SE Aerospace & Defense
1 Year Return
SE Aerospace & Defense
Return vs Industry: CTT underperformed the Swedish Aerospace & Defense industry which returned -9.8% over the past year.
Return vs Market: CTT underperformed the Swedish Market which returned 16.6% over the past year.
Price Volatility Vs. Market
How volatile is CTT Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCan CTT Systems (STO:CTT) Prolong Its Impressive Returns?
3 weeks ago | Simply Wall StCTT Systems AB's (STO:CTT) Shareholders Might Be Looking For Exit
Is CTT Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTT (SEK116) is trading below our estimate of fair value (SEK219.98)
Significantly Below Fair Value: CTT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTT is poor value based on its PE Ratio (20.1x) compared to the XE Aerospace & Defense industry average (18.4x).
PE vs Market: CTT is good value based on its PE Ratio (20.1x) compared to the Swedish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: CTT is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: CTT is overvalued based on its PB Ratio (6.8x) compared to the SE Aerospace & Defense industry average (1.8x).
How is CTT Systems forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTT's forecast earnings growth (27.5% per year) is above the savings rate (0.5%).
Earnings vs Market: CTT's earnings (27.5% per year) are forecast to grow faster than the Swedish market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CTT's revenue (16.5% per year) is forecast to grow faster than the Swedish market (3.8% per year).
High Growth Revenue: CTT's revenue (16.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTT's Return on Equity is forecast to be high in 3 years time (31.5%)
How has CTT Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTT has high quality earnings.
Growing Profit Margin: CTT's current net profit margins (24.3%) are higher than last year (23.3%).
Past Earnings Growth Analysis
Earnings Trend: CTT's earnings have grown significantly by 28.2% per year over the past 5 years.
Accelerating Growth: CTT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTT had negative earnings growth (-14.7%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-7.7%).
Return on Equity
High ROE: CTT's Return on Equity (33.9%) is considered high.
How is CTT Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CTT's short term assets (SEK211.1M) exceed its short term liabilities (SEK69.1M).
Long Term Liabilities: CTT's short term assets (SEK211.1M) exceed its long term liabilities (SEK39.4M).
Debt to Equity History and Analysis
Debt Level: CTT's debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: CTT's debt to equity ratio has reduced from 69% to 15.3% over the past 5 years.
Debt Coverage: CTT's debt is well covered by operating cash flow (195.4%).
Interest Coverage: CTT's interest payments on its debt are well covered by EBIT (22.2x coverage).
What is CTT Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTT's dividend (3.49%) is higher than the bottom 25% of dividend payers in the Swedish market (1.22%).
High Dividend: CTT's dividend (3.49%) is low compared to the top 25% of dividend payers in the Swedish market (4.28%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CTT has been paying a dividend for less than 10 years.
Growing Dividend: CTT's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.1%), CTT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTT's dividends in 3 years are forecast to be covered by earnings (69.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Torbjörn Johansson (62 yo)
Mr. Torbjörn Johansson has been Chief Executive Officer of CTT Systems AB since 1997 and served as its and President until 2019. Mr. Torbjörn served as Technical Director of CTT Systems AB from 1996 to 199 ...
|Chief Executive Officer||23.67yrs||kr2.16m||0.45% |
|Chief Financial Officer||4.67yrs||no data||0.040% |
|Vice President of Sales & Marketing||no data||no data||0.056% |
|Quality & Human Resources Manager||no data||no data||0.041% |
|Head of CTT-Bribo Division||3.67yrs||no data||0.10% |
Experienced Management: CTT's management team is considered experienced (4.7 years average tenure).
|Chairman||no data||kr317.50k||13.4% |
|Independent Director||2.67yrs||kr168.37k||0.0040% |
|Independent Director||7.67yrs||kr191.25k||0.0020% |
|Independent Director||2.67yrs||kr137.50k||0.0059% |
|Independent Director||2.67yrs||kr137.50k||no data|
|Director||0.33yr||no data||no data|
Experienced Board: CTT's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CTT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CTT Systems AB's company bio, employee growth, exchange listings and data sources
- Name: CTT Systems AB
- Ticker: CTT
- Exchange: OM
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: kr1.453b
- Shares outstanding: 12.53m
- Website: https://www.ctt.se
Number of Employees
- CTT Systems AB
- Brukslagarvägen 5
- Södermanland County
- 611 31
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTT||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Mar 1998|
|0GUO||LSE (London Stock Exchange)||Yes||Share Capital||GB||SEK||Mar 1998|
|CTTS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||SEK||Mar 1998|
CTT Systems AB provides aerospace products for active humidity control worldwide. The company offers Zonal Drying system that prevents condensation in aircrafts, as well as Cabin Humidification system, inc ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 03:13|
|End of Day Share Price||2020/09/25 00:00|
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.