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FM Mattsson Mora Group

OM:FMM B
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FMM B
OM
SEK1B
Market Cap
  1. Home
  2. SE
  3. Capital Goods
Company description

FM Mattsson Mora Group AB (publ) designs, manufactures, and sells faucets and accessories for kitchens and bathrooms in the Nordic region and internationally. The last earnings update was 28 days ago. More info.


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FMM B Share Price and Events
7 Day Returns
0%
OM:FMM B
2.5%
SE Building
1%
SE Market
1 Year Returns
-1.5%
OM:FMM B
21.9%
SE Building
5.7%
SE Market
FMM B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FM Mattsson Mora Group (FMM B) 0% -3.7% 7.9% -1.5% - -
SE Building 2.5% 10.3% 27.8% 21.9% 30.5% 92.7%
SE Market 1% 6.1% 11.3% 5.7% 15.9% 26%
1 Year Return vs Industry and Market
  • FMM B underperformed the Building industry which returned 21.9% over the past year.
  • FMM B underperformed the Market in Sweden which returned 5.7% over the past year.
Price Volatility
FMM B
Industry
5yr Volatility vs Market

Value

 Is FM Mattsson Mora Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of FM Mattsson Mora Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for FM Mattsson Mora Group.

OM:FMM B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year SE Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OM:FMM B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Building Unlevered Beta Simply Wall St/ S&P Global 1.18
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.178 (1 + (1- 22%) (0.41%))
1.122
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (1.122 * 5.96%)
7.12%

Discounted Cash Flow Calculation for OM:FMM B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for FM Mattsson Mora Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OM:FMM B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 7.12%)
2019 91.93 Est @ 6.54% 85.81
2020 96.26 Est @ 4.71% 83.88
2021 99.56 Est @ 3.43% 80.99
2022 102.07 Est @ 2.53% 77.52
2023 104.01 Est @ 1.9% 73.74
2024 105.53 Est @ 1.46% 69.84
2025 106.75 Est @ 1.15% 65.95
2026 107.75 Est @ 0.94% 62.14
2027 108.60 Est @ 0.79% 58.47
2028 109.34 Est @ 0.68% 54.95
Present value of next 10 years cash flows SEK713.31
OM:FMM B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK109.34 × (1 + 0.43%) ÷ (7.12% – 0.43%)
SEK1,642.08
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK1,642.08 ÷ (1 + 7.12%)10
SEK825.31
OM:FMM B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK713.31 + SEK825.31
SEK1,538.62
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK1,538.62 / 13.45
SEK114.44
OM:FMM B Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK114.44
Current discount Discount to share price of SEK78.80
= -1 x (SEK78.80 - SEK114.44) / SEK114.44
31.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price FM Mattsson Mora Group is available for.
Intrinsic value
31%
Share price is SEK78.8 vs Future cash flow value of SEK114.44
Current Discount Checks
For FM Mattsson Mora Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • FM Mattsson Mora Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • FM Mattsson Mora Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FM Mattsson Mora Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FM Mattsson Mora Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:FMM B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK4.62
OM:FMM B Share Price ** OM (2019-04-25) in SEK SEK78.8
Sweden Building Industry PE Ratio Median Figure of 11 Publicly-Listed Building Companies 20.3x
Sweden Market PE Ratio Median Figure of 322 Publicly-Listed Companies 17.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FM Mattsson Mora Group.

OM:FMM B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:FMM B Share Price ÷ EPS (both in SEK)

= 78.8 ÷ 4.62

17.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FM Mattsson Mora Group is good value based on earnings compared to the SE Building industry average.
  • FM Mattsson Mora Group is good value based on earnings compared to the Sweden market.
Price based on expected Growth
Does FM Mattsson Mora Group's expected growth come at a high price?
Raw Data
OM:FMM B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Sweden Building Industry PEG Ratio Median Figure of 7 Publicly-Listed Building Companies 1.39x
Sweden Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FM Mattsson Mora Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FM Mattsson Mora Group's assets?
Raw Data
OM:FMM B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK37.56
OM:FMM B Share Price * OM (2019-04-25) in SEK SEK78.8
Sweden Building Industry PB Ratio Median Figure of 13 Publicly-Listed Building Companies 2.53x
Sweden Market PB Ratio Median Figure of 566 Publicly-Listed Companies 2.51x
OM:FMM B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:FMM B Share Price ÷ Book Value per Share (both in SEK)

= 78.8 ÷ 37.56

2.1x

* Primary Listing of FM Mattsson Mora Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FM Mattsson Mora Group is good value based on assets compared to the SE Building industry average.
X
Value checks
We assess FM Mattsson Mora Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. FM Mattsson Mora Group has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is FM Mattsson Mora Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FM Mattsson Mora Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.2%
Expected Building industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FM Mattsson Mora Group expected to grow at an attractive rate?
  • Unable to compare FM Mattsson Mora Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare FM Mattsson Mora Group's earnings growth to the Sweden market average as no estimate data is available.
  • Unable to compare FM Mattsson Mora Group's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OM:FMM B Future Growth Rates Data Sources
Data Point Source Value (per year)
Sweden Building Industry Earnings Growth Rate Market Cap Weighted Average 28.2%
Sweden Building Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.4%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:FMM B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:FMM B Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OM:FMM B Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 1,138 127 62
2018-09-30 1,134 119 60
2018-06-30 1,125 108 58
2018-03-31 1,114 117 60
2017-12-31 1,126 107 71
2017-09-30 1,113 96 65
2017-06-30 1,101 100 62
2017-03-31 1,102 104 61
2016-12-31 1,109 113 65
2016-09-30 1,117 112 67
2016-06-30 1,134 109 66
2016-03-31 1,119 103 67

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if FM Mattsson Mora Group is high growth as no earnings estimate data is available.
  • Unable to determine if FM Mattsson Mora Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:FMM B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from FM Mattsson Mora Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:FMM B Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OM:FMM B Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 4.62
2018-09-30 4.44
2018-06-30 4.29
2018-03-31 4.51
2017-12-31 5.53
2017-09-30 5.26
2017-06-30 5.21
2017-03-31 5.31
2016-12-31 5.66
2016-09-30 5.83
2016-06-30 5.78
2016-03-31 5.88

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FM Mattsson Mora Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether FM Mattsson Mora Group is trading at FM Mattsson Mora Group'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. FM Mattsson Mora Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. FM Mattsson Mora Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess FM Mattsson Mora Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FM Mattsson Mora Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has FM Mattsson Mora Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FM Mattsson Mora Group's growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FM Mattsson Mora Group's year on year earnings growth rate has been positive over the past 5 years.
  • FM Mattsson Mora Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • FM Mattsson Mora Group's 1-year earnings growth is negative, it can't be compared to the SE Building industry average.
Earnings and Revenue History
FM Mattsson Mora Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FM Mattsson Mora Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:FMM B Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,138.12 62.17 265.72 41.96
2018-09-30 1,133.85 59.75 264.66 41.43
2018-06-30 1,125.25 57.75 263.86 41.43
2018-03-31 1,114.45 60.35 260.16 41.43
2017-12-31 1,125.85 71.35 257.36 41.43
2017-09-30 1,112.77 65.14 257.14 35.84
2017-06-30 1,101.37 61.94 257.34 35.84
2017-03-31 1,102.07 60.74 255.54 35.84
2016-12-31 1,109.17 64.74 253.94 35.84
2016-09-30 1,117.16 66.59 262.20 28.07
2016-06-30 1,133.56 66.19 259.80 28.07
2016-03-31 1,118.56 67.29 251.60 28.07
2015-12-31 1,112.56 61.59 248.40 28.07
2015-09-30 1,085.81 54.39 243.88 33.33
2015-06-30 1,062.21 52.09 241.88 33.33
2015-03-31 1,036.01 41.69 246.78 33.33
2014-12-31 969.01 31.19 231.18 33.33
2014-09-30 915.10 35.37 213.29 27.86
2014-06-30 858.90 35.27 193.99 27.86
2014-03-31 826.00 42.47 171.29 27.86
2013-12-31 823.70 51.67 170.59 27.86
2013-09-30 832.22 55.42 181.12 27.65
2013-06-30 837.12 49.62 184.72 27.65
2013-03-31 847.92 38.02 202.32 27.65
2012-12-31 860.52 32.62 211.92 27.65
2012-09-30 872.07 34.35 208.61 25.41
2012-06-30 888.77 29.05 216.41 25.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • FM Mattsson Mora Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • FM Mattsson Mora Group used its assets less efficiently than the SE Building industry average last year based on Return on Assets.
  • FM Mattsson Mora Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess FM Mattsson Mora Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FM Mattsson Mora Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is FM Mattsson Mora Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FM Mattsson Mora Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FM Mattsson Mora Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FM Mattsson Mora Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of FM Mattsson Mora Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 144.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FM Mattsson Mora Group Company Filings, last reported 3 months ago.

OM:FMM B Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 504.93 4.32 215.46
2018-09-30 493.80 0.00 174.40
2018-06-30 475.90 0.00 130.70
2018-03-31 501.40 0.00 155.00
2017-12-31 483.15 9.23 155.98
2017-09-30 472.50 0.00 123.20
2017-06-30 458.30 0.00 96.50
2017-03-31 347.80 0.00 2.40
2016-12-31 324.54 43.16 32.34
2016-09-30 319.20 0.00 36.00
2016-06-30 303.10 0.00 16.80
2016-03-31 380.00 0.00 37.60
2015-12-31 348.44 11.81 46.06
2015-09-30 342.90 0.00 27.10
2015-06-30 325.00 0.00 13.10
2015-03-31 359.90 0.00 27.70
2014-12-31 321.32 41.24 26.40
2014-09-30 346.20 0.00 24.40
2014-06-30 361.90 0.00 5.30
2014-03-31 347.30 0.00 108.50
2013-12-31 335.74 22.62 114.01
2013-09-30 324.40 0.00 97.70
2013-06-30 311.00 0.00 75.90
2013-03-31 321.60 0.00 96.40
2012-12-31 301.67 35.45 101.99
2012-09-30 316.60 0.00 80.10
2012-06-30 310.50 0.00 55.20
  • FM Mattsson Mora Group's level of debt (0.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (6.7% vs 0.9% today).
  • Debt is well covered by operating cash flow (2949.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 24x coverage).
X
Financial health checks
We assess FM Mattsson Mora Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FM Mattsson Mora Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is FM Mattsson Mora Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.81%
Current annual income from FM Mattsson Mora Group dividends.
If you bought SEK2,000 of FM Mattsson Mora Group shares you are expected to receive SEK76 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • FM Mattsson Mora Group's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.84%).
  • FM Mattsson Mora Group's dividend is below the markets top 25% of dividend payers in Sweden (4.33%).
Upcoming dividend payment

Purchase FM Mattsson Mora Group before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:FMM B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Sweden Building Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.6%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 245 Stocks 3.5%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.8%
Sweden Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OM:FMM B Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
OM:FMM B Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-03-28 3.000 3.756
2019-02-21 3.000 3.715
2018-03-29 3.000 4.092
2018-02-14 3.000 3.537
2017-04-10 3.000 3.486

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, FM Mattsson Mora Group has been paying a dividend for less than 10 years.
  • FM Mattsson Mora Group has only been paying a dividend for 2 years, and since then there has been no growth.
Current Payout to shareholders
What portion of FM Mattsson Mora Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess FM Mattsson Mora Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FM Mattsson Mora Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FM Mattsson Mora Group has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of FM Mattsson Mora Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Fredrik Skarp
COMPENSATION SEK3,843,000
AGE 43
TENURE AS CEO 3.1 years
CEO Bio

Mr. Fredrik Skarp has been Chief Executive Officer and President of FM Mattsson Mora Group AB (publ) since March 2016. He has been Acting Nordic Sales and Marketing Director of FM Mattsson Mora Group AB (publ) since January 2019. Mr. Skarp served as Chief Executive Officer of Scanmast. He has both a broad international experience from several senior positions within the SSAB and a strong local presence in Dalarna, where he in recent years has been the Chief Executive Officer of Mora of Sweden. During his more than ten years in various managerial positions at SSAB, he has been highly involved in M&A transactions, responsible for units of growth and expansion, but also for the restructuring of businesses. In recent years, he has conducted a number of strategic and structural changes that resulted in both increased efficiency and a more customer-focused organization. Mr. Skarp holds a PhD in Industrial Marketing and Purchasing and a B.Sc. in Industry Economics from Dalarna University.

CEO Compensation
  • Fredrik's compensation has increased by more than 20% in the past year.
  • Fredrik's remuneration is higher than average for companies of similar size in Sweden.
Management Team

Fredrik Skarp

TITLE
CEO, President and Acting Nordic Sales & Marketing Director
COMPENSATION
SEK4M
AGE
43
TENURE
3.1 yrs

Martin Gallacher

TITLE
Chief Financial Officer
TENURE
1.2 yrs

Patrik Linzenbold

TITLE
Investor Relations Manager
AGE
47

Liza Andersen

TITLE
Head of Communication

Marit Sandgren

TITLE
Director of Human Resources
Board of Directors Tenure

Average tenure and age of the FM Mattsson Mora Group board of directors in years:

4.3
Average Tenure
57.5
Average Age
  • The tenure for the FM Mattsson Mora Group board of directors is about average.
Board of Directors

Johnny Alvarsson

TITLE
Chairman
COMPENSATION
SEK248K
AGE
68
TENURE
4.3 yrs

Lars Blom

TITLE
Director
COMPENSATION
SEK182K
AGE
58
TENURE
6.3 yrs

Christer Lenner

TITLE
Director
COMPENSATION
SEK161K
AGE
71
TENURE
10.3 yrs

Anna Stålenbring

TITLE
Director
COMPENSATION
SEK185K
AGE
57
TENURE
2.9 yrs

Marie Bark

TITLE
Director
AGE
55

Maria Frost

TITLE
Director

Fredrik Hållestam

TITLE
Director
AGE
41
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
X
Management checks
We assess FM Mattsson Mora Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FM Mattsson Mora Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

With A Return On Equity Of 12%, Has FM Mattsson Mora Group AB (publ)'s (STO:FMM B) Management Done Well?

FM Mattsson Mora Group has a ROE of 12%, based on the last twelve months. … One way to conceptualize this, is that for each SEK1 of shareholders' equity it has, the company made SEK0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Description

FM Mattsson Mora Group AB (publ) designs, manufactures, and sells faucets and accessories for kitchens and bathrooms in the Nordic region and internationally. The company offers fixtures, such as water taps and thermostatic mixers under the FM Mattsson, Mora Armatur, and Damixa brands. It serves private housing, manufacturing, and public sectors, as well as real estate companies. The company was formerly known as Ostnor AB and changed its name to FM Mattsson Mora Group AB (publ) in 2015. FM Mattsson Mora Group AB (publ) was founded in 1865 and is based in Mora, Sweden.

Details
Name: FM Mattsson Mora Group AB (publ)
FMM B
Exchange: OM
Founded: 1865
SEK1,059,473,880
13,445,100
Website: http://www.fmm-mora.com
Address: FM Mattsson Mora Group AB (publ)
Östnorsvägen 95,
Mora,
Dalarna County, 792 27,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM FMM B Class B Shares OMX Nordic Exchange Stockholm SE SEK 10. Apr 2017
DB 1FS Class B Shares Deutsche Boerse AG DE EUR 10. Apr 2017
LSE 0ROO Class B Shares London Stock Exchange GB SEK 10. Apr 2017
Number of employees
Current staff
Staff numbers
0
FM Mattsson Mora Group employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 22:34
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/02/21
Last earnings filing: 2019/03/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.