OM:FAG

Stock Analysis Report

Executive Summary

AB Fagerhult, together with its subsidiaries, develops, manufactures, and markets professional lighting systems for public environments.

Snowflake

Fundamentals

Good value average dividend payer.

Risks

  • AB Fagerhult is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has AB Fagerhult's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

FAG

3.8%

SE Electrical

0.1%

SE Market


1 Year Return

-34.9%

FAG

-1.2%

SE Electrical

1.7%

SE Market

FAG underperformed the Electrical industry which returned -1.1% over the past year.

FAG underperformed the Market in Sweden which returned 2.4% over the past year.


Share holder returns

FAGIndustryMarket
7 Day1.5%3.8%0.1%
30 Day-5.7%-1.1%5.2%
90 Day-15.8%-8.5%1.8%
1 Year-22.8%-34.9%9.0%-1.2%6.0%1.7%
3 Year-17.5%-32.5%6.8%-16.6%30.4%11.0%
5 Year43.2%12.5%42.5%16.1%56.6%23.4%

Price Volatility Vs. Market

How volatile is AB Fagerhult's share price compared to the market and industry in the last 5 years?


Simply Wall St News

3 weeks ago | Simply Wall St

Want To Invest In AB Fagerhult (STO:FAG)? Here's How It Performed Lately

Valuation

Is AB Fagerhult undervalued based on future cash flows and its price relative to the stock market?

7%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

AB Fagerhult's share price is below the future cash flow value, but not at a moderate discount (< 20%).

AB Fagerhult's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

AB Fagerhult is good value based on earnings compared to the SE Electrical industry average.

AB Fagerhult is good value based on earnings compared to the Sweden market.


Price Based on Expected Growth

AB Fagerhult is good value based on expected growth next year.


Price Based on Value of Assets

AB Fagerhult is good value based on assets compared to the SE Electrical industry average.


Next Steps

Future Growth

How is AB Fagerhult expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

AB Fagerhult's revenue is expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).

AB Fagerhult's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).

AB Fagerhult's revenue growth is expected to exceed the Sweden market average.

AB Fagerhult's earnings growth is expected to exceed the Sweden market average.

AB Fagerhult's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

AB Fagerhult is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has AB Fagerhult performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AB Fagerhult's year on year earnings growth rate has been positive over the past 5 years.

AB Fagerhult's 1-year earnings growth is less than its 5-year average (0.2% vs 16.6%)

AB Fagerhult's earnings growth has not exceeded the SE Electrical industry average in the past year (0.2% vs 9.3%).


Return on Equity

AB Fagerhult has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AB Fagerhult used its assets less efficiently than the SE Electrical industry average last year based on Return on Assets.


Return on Capital Employed

AB Fagerhult's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is AB Fagerhult's financial position?


Financial Position Analysis

AB Fagerhult is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

AB Fagerhult's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

AB Fagerhult's level of debt (84.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (132% vs 84.3% today).

Debt is not well covered by operating cash flow (15.9%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 10.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is AB Fagerhult's current dividend yield, its reliability and sustainability?

3.94%

Expected Dividend Yield


Dividend Yield and Payments Analysis

AB Fagerhult's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.84%).

AB Fagerhult's dividend is below the markets top 25% of dividend payers in Sweden (4.86%).

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 covered by earnings (1.7x coverage).


Next Steps

Management

What is the CEO of AB Fagerhult's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average board tenure


CEO

Bodil Gallon (51yo)

0.9yrs

Tenure

kr4,914,600

Compensation

Ms. Bodil Sonesson Gallon is President and Chief Executive Officer at AB Fagerhult since October 08, 2018. She was Vice President of Global Sales as Axis Communications AB, a subsidiary of Axis AB till Nov ...


CEO Compensation Analysis

Bodil's remuneration is about average for companies of similar size in Sweden.

Insufficient data for Bodil to compare compensation growth.


Board Age and Tenure

2.3yrs

Average Tenure

55yo

Average Age

The average tenure for the AB Fagerhult board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buykr199,96020 Jun 19
Bodil Gallon
EntityIndividual
Role
Chief Executive Officer
CEO & President
Shares3,244
Max Pricekr61.64
Buykr99,98020 Jun 19
Jenny Evelius
EntityIndividual
Role
Head of Human Resources
Head of Human Resources
Shares1,622
Max Pricekr61.64
Buykr149,97018 Jun 19
Frank Augustsson
EntityIndividual
Shares2,433
Max Pricekr61.64
Sellkr460,22709 Jun 19
Jenny Evelius
EntityIndividual
Role
Head of Human Resources
Head of Human Resources
Shares7,582
Max Pricekr60.70
Buykr379,23009 Jun 19
Jenny Evelius
EntityIndividual
Role
Head of Human Resources
Head of Human Resources
Shares6,223
Max Pricekr60.94
Buykr423,15706 Jun 19
Frank Augustsson
EntityIndividual
Shares6,937
Max Pricekr61.00
Buykr103,25014 May 19
Cecilia Fasth
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,750
Max Pricekr59.00

Ownership Breakdown


Management Team

  • Bodil Gallon (51yo)

    CEO & President

    • Tenure: 0.9yrs
    • Compensation: kr4.91m
  • Andrea Sasso (54yo)

    CEO of iGuzzini illuminazione

    • Tenure: 0yrs
  • Bo Eveborn (77yo)

    Managing Director

    • Tenure: 0yrs
  • Anders Fransson (50yo)

    Head of Operations and Managing Director Fagerhults Belysning Ab

    • Tenure: 0yrs
  • Jenny Evelius (50yo)

    Head of Human Resources

    • Tenure: 0yrs
  • Michael Wood (55yo)

    Chief Financial Officer

    • Tenure: 3.5yrs

Board Members

  • Eric Douglas (51yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: kr500.00k
  • Jan Svensson (63yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: kr600.00k
  • Morten Falkenberg (61yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: kr300.00k
  • Magnus Nell (55yo)

    Employee Representative Director

    • Tenure: 0yrs
  • Lars-Ake Johansson (58yo)

    Employee Representative Director

    • Tenure: 0yrs
  • Cecilia Fasth (46yo)

    Director

    • Tenure: 5.4yrs
    • Compensation: kr300.00k
  • Annica Bresky (44yo)

    Director

    • Tenure: 0.3yrs
  • Catherina Fored (55yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: kr300.00k
  • Palm Araldsson (35yo)

    Deputy Employee Representative Director

    • Tenure: 0yrs
  • Teresa Enander

    Director

    • Tenure: 0.3yrs

Company Information

AB Fagerhult's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AB Fagerhult
  • Ticker: FAG
  • Exchange: OM
  • Founded: 1945
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: kr9.547b
  • Shares outstanding: 176.14m
  • Website: https://www.fagerhult.com

Number of Employees


Location

  • AB Fagerhult
  • Habo
  • Jönköping County
  • 566 80
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FAGOM (OMX Nordic Exchange Stockholm)SHSSESEKNo data
FAGOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKMay 1997
0RQHLSE (London Stock Exchange)YesCommon SharesGBSEKMay 1997
2F0DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 1997

Biography

AB Fagerhult, together with its subsidiaries, develops, manufactures, and markets professional lighting systems for public environments. The company offers indoor lighting products for public environments, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 20:53
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.