AB Fagerhult, together with its subsidiaries, develops, manufactures, and markets professional lighting systems for public environments.
Very undervalued with adequate balance sheet and pays a dividend.
Share Price & News
How has AB Fagerhult's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FAG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FAG underperformed the Swedish Electrical industry which returned -10.5% over the past year.
Return vs Market: FAG underperformed the Swedish Market which returned -13.2% over the past year.
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
2 weeks ago | Simply Wall StHow Does AB Fagerhult's (STO:FAG) P/E Compare To Its Industry, After The Share Price Drop?
2 weeks ago | Simply Wall StWhat Kind Of Shareholder Appears On The AB Fagerhult's (STO:FAG) Shareholder Register?
4 weeks ago | Simply Wall StRead This Before You Buy AB Fagerhult (STO:FAG) Because Of Its P/E Ratio
Is AB Fagerhult 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: FAG (SEK34.55) is trading below our estimate of fair value (SEK71.88)
Significantly Below Fair Value: FAG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FAG is good value based on its PE Ratio (10.4x) compared to the Electrical industry average (22.7x).
PE vs Market: FAG is good value based on its PE Ratio (10.4x) compared to the Swedish market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: FAG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: FAG is good value based on its PB Ratio (1.1x) compared to the SE Electrical industry average (2.6x).
How is AB Fagerhult 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: FAG's forecast earnings growth (12.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: FAG's earnings (12.5% per year) are forecast to grow faster than the Swedish market (8.3% per year).
High Growth Earnings: FAG's earnings are forecast to grow, but not significantly.
Revenue vs Market: FAG's revenue (4.7% per year) is forecast to grow faster than the Swedish market (4.1% per year).
High Growth Revenue: FAG's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FAG's Return on Equity is forecast to be low in 3 years time (10.9%).
How has AB Fagerhult performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FAG has high quality earnings.
Growing Profit Margin: FAG's current net profit margins (6.5%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: FAG's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: FAG's earnings growth over the past year (1.1%) is below its 5-year average (15% per year).
Earnings vs Industry: FAG earnings growth over the past year (1.1%) underperformed the Electrical industry 13.1%.
Return on Equity
High ROE: FAG's Return on Equity (9.4%) is considered low.
How is AB Fagerhult's financial position?
Financial Position Analysis
Short Term Liabilities: FAG's short term assets (SEK4.0B) exceed its short term liabilities (SEK1.8B).
Long Term Liabilities: FAG's short term assets (SEK4.0B) do not cover its long term liabilities (SEK5.8B).
Debt to Equity History and Analysis
Debt Level: FAG's debt to equity ratio (68.2%) is considered high.
Reducing Debt: FAG's debt to equity ratio has reduced from 99.8% to 68.2% over the past 5 years.
Debt Coverage: FAG's debt is well covered by operating cash flow (26.9%).
Interest Coverage: FAG's interest payments on its debt are well covered by EBIT (10x coverage).
Inventory Level: FAG has a high level of physical assets or inventory.
Debt Coverage by Assets: FAG's debt is covered by short term assets (assets are 1.1x debt).
What is AB Fagerhult's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FAG's dividend (4.34%) is higher than the bottom 25% of dividend payers in the Swedish market (2.07%).
High Dividend: FAG's dividend (4.34%) is low compared to the top 25% of dividend payers in the Swedish market (6.37%).
Stability and Growth of Payments
Stable Dividend: FAG's dividend payments have been volatile in the past 10 years.
Growing Dividend: FAG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.2%), FAG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FAG's dividends in 3 years are forecast to be covered by earnings (51.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bodil Gallon (51yo)
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
Compensation vs Market: Bodil's total compensation ($USD746.65K) is about average for companies of similar size in the Swedish market ($USD653.62K).
Compensation vs Earnings: Bodil's compensation has increased by more than 20% in the past year.
|CEO & President||1.5yrs||kr7.60m||0.0044% SEK266.5k|
|Chief Financial Officer||4.08yrs||no data||0.010% SEK629.9k|
|Chief Strategy & Communication Officer||0.083yr||no data||0.0022% SEK133.3k|
|Head of Human Resources||no data||no data||0.012% SEK705.3k|
|Managing Director||no data||no data||no data|
|Managing Director Fagerhults Belysning AB||no data||no data||0.015% SEK884.8k|
|CEO of iGuzzini illuminazione||no data||no data||0.048% SEK2.9m|
Experienced Management: FAG's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Independent Vice Chairman||no data||kr400.00k||0.29% SEK17.4m|
|Independent Chairman||no data||kr700.00k||0.021% SEK1.3m|
|Independent Director||2.92yrs||kr400.00k||0.0081% SEK494.8k|
|Employee Representative Director||no data||no data||no data|
|Employee Representative Director||no data||no data||0.0022% SEK131.4k|
|Independent Director||6yrs||kr400.00k||0.0052% SEK318.3k|
|Independent Director||0.92yr||kr400.00k||0.0022% SEK130.8k|
|Independent Director||7yrs||kr300.00k||no data|
|Deputy Employee Representative Director||no data||no data||no data|
|Independent Director||0.92yr||kr400.00k||0.0024% SEK144.8k|
Experienced Board: FAG's board of directors are not considered experienced ( 2.9 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: FAG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.9%.
AB Fagerhult's company bio, employee growth, exchange listings and data sources
- Name: AB Fagerhult
- Ticker: FAG
- Exchange: OM
- Founded: 1945
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: kr6.086b
- Shares outstanding: 176.14m
- Website: https://www.fagerhult.com
Number of Employees
- AB Fagerhult
- Jönköping County
- 566 80
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FAG||OM (OMX Nordic Exchange Stockholm)||SHS||SE||SEK||No data|
|FAG||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||May 1997|
|0RQH||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||May 1997|
|2F0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 1997|
AB Fagerhult, together with its subsidiaries, develops, manufactures, and markets professional lighting systems for public environments. It offers indoor lighting products for public environments, such as offices, schools, hospitals, industry, etc. The company also provides various retail lighting solutions, including lighting systems, light sources, and services to retail environments. In addition, it offers outdoor lighting products for buildings, parks, recreational areas, pathways, etc. The company markets its products under 13 brand names, including FAGERHULT, ateljé Lyktan, Whitecroft lighting, eaglelightingaustralia, LTS, designplan LIGHTING, i VALO, arLIGHT, LIGHTING INNOVATIONS, LED LNEAR, we-ef, VEKO LIGHTSYSTEMS, and iGuzzini. It operates in Northern Europe, the United Kingdom, Ireland, Western and Southern Europe, Africa, Asia, the Pacific, and internationally. The company was formerly known as Fagerhults Elektriska and changed its name to AB Fagerhult in 1974. AB Fagerhult was founded in 1945 and is headquartered in Habo, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 22:23|
|End of Day Share Price||2020/04/03 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.