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HUSQ

Husqvarna OM:HUSQ B Stock Report

Last Price

kr79.40

Market Cap

kr45.6b

7D

3.1%

1Y

-31.5%

Updated

28 Jun, 2022

Data

Company Financials +
HUSQ B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

HUSQ B Stock Overview

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and cutting and surface preparation equipment.

Husqvarna Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Husqvarna
Historical stock prices
Current Share Pricekr79.40
52 Week Highkr145.85
52 Week Lowkr73.64
Beta1.16
1 Month Change-11.03%
3 Month Change-21.46%
1 Year Change-31.52%
3 Year Change-8.29%
5 Year Change-4.85%
Change since IPO31.66%

Recent News & Updates

Jun 27
Husqvarna (STO:HUSQ B) Has Announced That It Will Be Increasing Its Dividend To kr2.00

Husqvarna (STO:HUSQ B) Has Announced That It Will Be Increasing Its Dividend To kr2.00

Husqvarna AB (publ)'s ( STO:HUSQ B ) dividend will be increasing to kr2.00 on 14th of October. This will take the...

Jun 13
Husqvarna's (STO:HUSQ B) Shareholders Will Receive A Bigger Dividend Than Last Year

Husqvarna's (STO:HUSQ B) Shareholders Will Receive A Bigger Dividend Than Last Year

Husqvarna AB (publ)'s ( STO:HUSQ B ) dividend will be increasing to kr2.00 on 14th of October. This will take the...

May 24
Is Now An Opportune Moment To Examine Husqvarna AB (publ) (STO:HUSQ B)?

Is Now An Opportune Moment To Examine Husqvarna AB (publ) (STO:HUSQ B)?

Husqvarna AB (publ) ( STO:HUSQ B ), is not the largest company out there, but it saw significant share price movement...

Shareholder Returns

HUSQ BSE MachinerySE Market
7D3.1%-0.0002%1.1%
1Y-31.5%-20.0%-20.9%

Return vs Industry: HUSQ B underperformed the Swedish Machinery industry which returned -20% over the past year.

Return vs Market: HUSQ B underperformed the Swedish Market which returned -20.9% over the past year.

Price Volatility

Is HUSQ B's price volatile compared to industry and market?
HUSQ B volatility
HUSQ B Average Weekly Movement5.5%
Machinery Industry Average Movement6.0%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: HUSQ B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HUSQ B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
168914,730Henric Anderssonhttps://www.husqvarnagroup.com

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and cutting and surface preparation equipment. It operates through three divisions: Husqvarna Forest & Garden, Gardena, and Husqvarna Construction. The Husqvarna Forest & Garden division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.

Husqvarna Fundamentals Summary

How do Husqvarna's earnings and revenue compare to its market cap?
HUSQ B fundamental statistics
Market Capkr45.56b
Earnings (TTM)kr4.42b
Revenue (TTM)kr48.71b

10.3x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HUSQ B income statement (TTM)
Revenuekr48.71b
Cost of Revenuekr32.90b
Gross Profitkr15.81b
Other Expenseskr11.39b
Earningskr4.42b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 15, 2022

Earnings per share (EPS)7.74
Gross Margin32.45%
Net Profit Margin9.07%
Debt/Equity Ratio47.4%

How did HUSQ B perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

39%

Payout Ratio

Does HUSQ B pay a reliable dividends?

See HUSQ B dividend history and benchmarks
When do you need to buy HUSQ B by to receive an upcoming dividend?
Husqvarna dividend dates
Ex Dividend DateOct 10 2022
Dividend Pay DateOct 14 2022
Days until Ex dividend103 days
Days until Dividend pay date107 days

Does HUSQ B pay a reliable dividends?

See HUSQ B dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is HUSQ B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HUSQ B?

Other financial metrics that can be useful for relative valuation.

HUSQ B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA7.9x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does HUSQ B's PE Ratio compare to its peers?

HUSQ B PE Ratio vs Peers
The above table shows the PE ratio for HUSQ B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.9x
TREL B Trelleborg
15.7x-10.4%kr58.5b
INDT Indutrade
30.7x8.4%kr69.8b
SKF B AB SKF
9.6x8.9%kr72.8b
SAAB B Saab
27.5x16.7%kr52.0b
HUSQ B Husqvarna
10.3x9.9%kr45.6b

Price-To-Earnings vs Peers: HUSQ B is good value based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (20.9x).


Price to Earnings Ratio vs Industry

How does HUSQ B's PE Ratio compare vs other companies in the SE Machinery Industry?

Price-To-Earnings vs Industry: HUSQ B is good value based on its Price-To-Earnings Ratio (10.3x) compared to the Swedish Machinery industry average (16.7x)


Price to Earnings Ratio vs Fair Ratio

What is HUSQ B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HUSQ B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.3x
Fair PE Ratio23.4x

Price-To-Earnings vs Fair Ratio: HUSQ B is good value based on its Price-To-Earnings Ratio (10.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x).


Share Price vs Fair Value

What is the Fair Price of HUSQ B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HUSQ B (SEK79.4) is trading below our estimate of fair value (SEK148.81)

Significantly Below Fair Value: HUSQ B is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: HUSQ B is poor value based on its PEG Ratio (1x)


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Future Growth

How is Husqvarna forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUSQ B's forecast earnings growth (9.9% per year) is above the savings rate (0.3%).

Earnings vs Market: HUSQ B's earnings (9.9% per year) are forecast to grow faster than the Swedish market (9.7% per year).

High Growth Earnings: HUSQ B's earnings are forecast to grow, but not significantly.

Revenue vs Market: HUSQ B's revenue (4.2% per year) is forecast to grow slower than the Swedish market (5.6% per year).

High Growth Revenue: HUSQ B's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HUSQ B's Return on Equity is forecast to be low in 3 years time (17.5%).


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Past Performance

How has Husqvarna performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HUSQ B has high quality earnings.

Growing Profit Margin: HUSQ B's current net profit margins (9.1%) are higher than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: HUSQ B's earnings have grown by 13% per year over the past 5 years.

Accelerating Growth: HUSQ B's earnings growth over the past year (39.8%) exceeds its 5-year average (13% per year).

Earnings vs Industry: HUSQ B earnings growth over the past year (39.8%) underperformed the Machinery industry 46.8%.


Return on Equity

High ROE: HUSQ B's Return on Equity (18.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Husqvarna's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HUSQ B's short term assets (SEK28.3B) exceed its short term liabilities (SEK24.8B).

Long Term Liabilities: HUSQ B's short term assets (SEK28.3B) exceed its long term liabilities (SEK8.7B).


Debt to Equity History and Analysis

Debt Level: HUSQ B's net debt to equity ratio (36.1%) is considered satisfactory.

Reducing Debt: HUSQ B's debt to equity ratio has reduced from 65.4% to 47.4% over the past 5 years.

Debt Coverage: HUSQ B's debt is well covered by operating cash flow (24.6%).

Interest Coverage: HUSQ B's interest payments on its debt are well covered by EBIT (28.9x coverage).


Balance Sheet


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Dividend

What is Husqvarna current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.78%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 28 2022Ex Dividend DateOct 10 2022Dividend Pay DateOct 14 20224 days from Ex DividendBuy in the next 103 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: HUSQ B's dividend (3.78%) is higher than the bottom 25% of dividend payers in the Swedish market (1.6%).

High Dividend: HUSQ B's dividend (3.78%) is low compared to the top 25% of dividend payers in the Swedish market (5.26%).


Stability and Growth of Payments

Stable Dividend: HUSQ B's dividends per share have been stable in the past 10 years.

Growing Dividend: HUSQ B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (38.8%), HUSQ B's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (529.8%), HUSQ B's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Henric Andersson (48 yo)

6.75yrs

Tenure

Mr. Henric Andersson serves as the President and Chief Executive Officer of Husqvarna AB (publ) since April 2, 2020 and its Director since June 26, 2020. He had been an Acting Head of Strategy and Innovati...


Leadership Team

Experienced Management: HUSQ B's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: HUSQ B's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HUSQ B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Husqvarna AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Husqvarna AB (publ)
  • Ticker: HUSQ B
  • Exchange: OM
  • Founded: 1689
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Implied Market Cap: kr45.561b
  • Shares outstanding: 570.42m
  • Website: https://www.husqvarnagroup.com

Number of Employees


Location

  • Husqvarna AB (publ)
  • Regeringsgatan 28
  • Stockholm
  • Stockholm County
  • 111 53
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.