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Garo Aktiebolag OM:GARO Stock Report

Last Price

SEK 22.95

Market Cap

SEK 1.1b

7D

-3.2%

1Y

-48.1%

Updated

22 Dec, 2024

Data

Company Financials +

Garo Aktiebolag (publ)

OM:GARO Stock Report

Market Cap: SEK 1.1b

GARO Stock Overview

Develops, manufactures, and markets electrical installation materials in Sweden, Norway, Finland, Ireland, the United Kingdom, Poland, and Germany. More details

GARO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Earnings are forecast to grow 110% per year

Risk Analysis

Debt is not well covered by operating cash flow


My Notes

Capture your thoughts, links and company narrative

Garo Aktiebolag (publ) Competitors

CTEK

OM:CTEK

SEK 988.1m

Permascand Top Holding

OM:PSCAND

SEK 1.0b

Inission

OM:INISS B

SEK 784.4m

PowerCell Sweden

OM:PCELL

SEK 1.9b

Price History & Performance

Summary of share price highs, lows and changes for Garo Aktiebolag
Historical stock prices
Current Share PriceSEK 22.95
52 Week HighSEK 45.42
52 Week LowSEK 18.60
Beta1.36
1 Month Change16.03%
3 Month Change2.46%
1 Year Change-48.15%
3 Year Change-89.33%
5 Year Change-62.98%
Change since IPO12.50%

Recent News & Updates

Recent updates

Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package

May 08
Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package

There May Be Some Bright Spots In Garo Aktiebolag's (STO:GARO) Earnings

Apr 18
There May Be Some Bright Spots In Garo Aktiebolag's (STO:GARO) Earnings

We Think Garo Aktiebolag (STO:GARO) Is Taking Some Risk With Its Debt

Mar 23
We Think Garo Aktiebolag (STO:GARO) Is Taking Some Risk With Its Debt

Earnings Miss: Garo Aktiebolag (publ) Missed EPS By 41% And Analysts Are Revising Their Forecasts

Feb 24
Earnings Miss: Garo Aktiebolag (publ) Missed EPS By 41% And Analysts Are Revising Their Forecasts

Some Confidence Is Lacking In Garo Aktiebolag (publ) (STO:GARO) As Shares Slide 26%

Feb 15
Some Confidence Is Lacking In Garo Aktiebolag (publ) (STO:GARO) As Shares Slide 26%

Garo Aktiebolag (publ) (STO:GARO) Analysts Are More Bearish Than They Used To Be

Feb 02
Garo Aktiebolag (publ) (STO:GARO) Analysts Are More Bearish Than They Used To Be

The Returns On Capital At Garo Aktiebolag (STO:GARO) Don't Inspire Confidence

Jan 31
The Returns On Capital At Garo Aktiebolag (STO:GARO) Don't Inspire Confidence

Is Now The Time To Look At Buying Garo Aktiebolag (publ) (STO:GARO)?

Jan 16
Is Now The Time To Look At Buying Garo Aktiebolag (publ) (STO:GARO)?

Garo Aktiebolag (publ) (STO:GARO) Stocks Shoot Up 45% But Its P/S Still Looks Reasonable

Dec 18
Garo Aktiebolag (publ) (STO:GARO) Stocks Shoot Up 45% But Its P/S Still Looks Reasonable

Here's Why Garo Aktiebolag (STO:GARO) Has A Meaningful Debt Burden

Dec 08
Here's Why Garo Aktiebolag (STO:GARO) Has A Meaningful Debt Burden

Returns On Capital At Garo Aktiebolag (STO:GARO) Paint A Concerning Picture

Sep 14
Returns On Capital At Garo Aktiebolag (STO:GARO) Paint A Concerning Picture

Garo Aktiebolag (STO:GARO) Takes On Some Risk With Its Use Of Debt

Jul 08
Garo Aktiebolag (STO:GARO) Takes On Some Risk With Its Use Of Debt

Is Garo Aktiebolag (publ) (STO:GARO) Potentially Undervalued?

May 14
Is Garo Aktiebolag (publ) (STO:GARO) Potentially Undervalued?

Be Wary Of Garo Aktiebolag (STO:GARO) And Its Returns On Capital

Mar 23
Be Wary Of Garo Aktiebolag (STO:GARO) And Its Returns On Capital

Calculating The Intrinsic Value Of Garo Aktiebolag (publ) (STO:GARO)

Feb 25
Calculating The Intrinsic Value Of Garo Aktiebolag (publ) (STO:GARO)

Estimating The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)

Oct 27
Estimating The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)

Garo Aktiebolag (STO:GARO) Might Become A Compounding Machine

Oct 12
Garo Aktiebolag (STO:GARO) Might Become A Compounding Machine

Shareholder Returns

GAROSE ElectricalSE Market
7D-3.2%-2.3%-2.7%
1Y-48.1%0.4%4.6%

Return vs Industry: GARO underperformed the Swedish Electrical industry which returned 0.4% over the past year.

Return vs Market: GARO underperformed the Swedish Market which returned 4.6% over the past year.

Price Volatility

Is GARO's price volatile compared to industry and market?
GARO volatility
GARO Average Weekly Movement7.5%
Electrical Industry Average Movement8.7%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.4%
10% least volatile stocks in SE Market3.2%

Stable Share Price: GARO has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: GARO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1939428Patrik Anderssonwww.garo.se

Garo Aktiebolag (publ), together with its subsidiaries, develops, manufactures, and markets electrical installation materials in Sweden, Norway, Finland, Ireland, the United Kingdom, Poland, and Germany. Its E-mobility business markets destination charging for electric cars, chargeable hybrid cars, and heavy electrically driven vehicle traffic, which offers wall boxes, public charging poles, fast chargers, cable cabinets for power supply, load balancing, programming, metering, and software service. The company’s electrification business develops and produce electrical installers, including distribution cabinets containing media, control and metering, exterior facades, and ground meter cabinets primarily to property owners, construction companies, housing manufacturers, and rental companies in the construction sector; and standard components, connectors, smart engine heater outlets, and electric posts for camping and marinas.

Garo Aktiebolag (publ) Fundamentals Summary

How do Garo Aktiebolag's earnings and revenue compare to its market cap?
GARO fundamental statistics
Market capSEK 1.15b
Earnings (TTM)-SEK 58.60m
Revenue (TTM)SEK 1.18b

1.0x

P/S Ratio

-19.6x

P/E Ratio

Is GARO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GARO income statement (TTM)
RevenueSEK 1.18b
Cost of RevenueSEK 692.90m
Gross ProfitSEK 484.90m
Other ExpensesSEK 543.50m
Earnings-SEK 58.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.17
Gross Margin41.17%
Net Profit Margin-4.98%
Debt/Equity Ratio48.1%

How did GARO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Garo Aktiebolag (publ) is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olof CederholmABG Sundal Collier Sponsored
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Lars TopholmCarnegie Investment Bank AB