Idun Industrier (OM:IDUN B) - Share price, News & Analysis

IDUN B fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

IDUN B Stock Overview

Idun Industrier AB (publ), an investment holding company, manufactures and sells glass fiber reinforced fat- and oil separators primarily in Sweden.

Rewards

Trading at 80.9% below our estimate of its fair value

Earnings grew by 1752.7% over the past year

Risk Analysis

Has a high level of debt

Shareholders have been diluted in the past year

Idun Industrier Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Idun Industrier
Historical stock prices
Current Share Price	kr265.00
52 Week High	kr359.50
52 Week Low	kr178.80
Beta	0
1 Month Change	-4.16%
3 Month Change	-1.85%
1 Year Change	48.05%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	56.81%

Recent News & Updates

May 11

Is Now The Time To Put Idun Industrier (STO:IDUN B) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

	IDUN B	SE Industrials	SE Market
7D	1.1%	-0.8%	0.3%
1Y	48.0%	-9.3%	-8.8%

Return vs Industry: IDUN B exceeded the Swedish Industrials industry which returned -9.3% over the past year.

Return vs Market: IDUN B exceeded the Swedish Market which returned -12.7% over the past year.

Price Volatility

Is IDUN B's price volatile compared to industry and market?
IDUN B volatility
IDUN B Average Weekly Movement	8.4%
Industrials Industry Average Movement	8.1%
Market Average Movement	7.9%
10% most volatile stocks in SE Market	13.0%
10% least volatile stocks in SE Market	4.9%

Stable Share Price: IDUN B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: IDUN B's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	570	Karl-Emil Engström	https://www.idun.com

Idun Industrier AB (publ), an investment holding company, manufactures and sells glass fiber reinforced fat- and oil separators primarily in Sweden. The company also offers a trading assortment, such as concrete separators; engages in the preventive maintenance of high-voltage substations in the greater Stockholm area; manufactures grips, grapples, weighing systems, and other load attachments for heavy vehicles and machinery; offers actuators for vehicle mounted tail lifts; manufactures and distributes micronutrients and fertilizers to commercial growers, farmers, golf courses, and peat producers; offers car wash related machinery primarily in Sweden and Finland; and offers, through product media distributors, water bottles used for sports and training primarily in Sweden and Norway. It also provides specialized safety- and evaluator services to supermarket and other related chains in Sweden and Norway; production and sale of workbenches and cabinets for craft shops in primary schools in Sweden, as well as to the United States and Germany; provides industrial maintenance services and products for heavy industry, water treatment plants, heating and power plants, etc.; and manufactures and refurbishes small and medium sized turbines for renewable hydropower electricity plants in Sweden.

Idun Industrier Fundamentals Summary

How do Idun Industrier's earnings and revenue compare to its market cap?
IDUN B fundamental statistics
Market Cap	kr2.82b
Earnings (TTM)	kr31.53m
Revenue (TTM)	kr1.16b

89.4x

P/E Ratio

2.4x

P/S Ratio

Is IDUN B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
IDUN B income statement (TTM)
Revenue	kr1.16b
Cost of Revenue	kr484.78m
Gross Profit	kr676.21m
Other Expenses	kr644.68m
Earnings	kr31.53m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	2.96
Gross Margin	58.24%
Net Profit Margin	2.72%
Debt/Equity Ratio	92.5%

How did IDUN B perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

25%

Payout Ratio

Valuation

Is Idun Industrier undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: IDUN B (SEK265) is trading below our estimate of fair value (SEK1388.65)

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

Price To Earnings Ratio

PE vs Industry: IDUN B is poor value based on its PE Ratio (89.4x) compared to the Swedish Industrials industry average (33.6x).

PE vs Market: IDUN B is poor value based on its PE Ratio (89.4x) compared to the Swedish market (17.6x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IDUN B's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: IDUN B is overvalued based on its PB Ratio (7.2x) compared to the SE Industrials industry average (3.8x).

Future Growth

How is Idun Industrier forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

11.3%

Forecasted Capital Goods industry annual growth in earnings

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 Idun Industrier 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 SimplyWall St do have past financial data.

Past Performance

How has Idun Industrier performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

32.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IDUN B has high quality earnings.

Growing Profit Margin: IDUN B's current net profit margins (2.7%) are higher than last year (0.3%).

Past Earnings Growth Analysis

Earnings Trend: IDUN B's earnings have grown significantly by 32.8% per year over the past 5 years.

Accelerating Growth: IDUN B's earnings growth over the past year (1752.7%) exceeds its 5-year average (32.8% per year).

Earnings vs Industry: IDUN B earnings growth over the past year (1752.7%) exceeded the Industrials industry 46.5%.

Return on Equity

High ROE: IDUN B's Return on Equity (7.2%) is considered low.

Financial Health

How is Idun Industrier's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: IDUN B's short term assets (SEK693.9M) exceed its short term liabilities (SEK353.2M).

Long Term Liabilities: IDUN B's short term assets (SEK693.9M) exceed its long term liabilities (SEK690.9M).

Debt to Equity History and Analysis

Debt Level: IDUN B's net debt to equity ratio (57.6%) is considered high.

Reducing Debt: IDUN B's debt to equity ratio has reduced from 126.9% to 92.5% over the past 5 years.

Debt Coverage: IDUN B's debt is well covered by operating cash flow (25.3%).

Interest Coverage: IDUN B's interest payments on its debt are well covered by EBIT (4.1x coverage).

Balance Sheet

Dividend

What is Idun Industrier current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.30%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: IDUN B's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.44%).

High Dividend: IDUN B's dividend (0.3%) is low compared to the top 25% of dividend payers in the Swedish market (4.81%).

Stability and Growth of Payments

Stable Dividend: IDUN B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.

Growing Dividend: IDUN B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: IDUN B is not paying a notable dividend for the Swedish market.

Cash Payout to Shareholders

Cash Flow Coverage: IDUN B is not paying a notable dividend for the Swedish market.

Discover strong dividend paying companies

Management

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

4.3yrs

Average board tenure

CEO

Karl-Emil Engström (38 yo)

no data

Tenure

kr1,091,000

Compensation

Mr. Karl-Emil Engström is the CEO of Idun Industrier AB (publ), Chairman of BIA, Eugen Wiberger and P&L Nordic. He is a Director of the Boards of Lakers and Pangolin. He served as Director of MVI Group til...

CEO Compensation Analysis

Compensation vs Market: Karl-Emil's total compensation ($USD109.51K) is below average for companies of similar size in the Swedish market ($USD402.29K).

Compensation vs Earnings: Karl-Emil's compensation has increased by more than 20% in the past year.

Board Members

Experienced Board: IDUN B's board of directors are considered experienced (4.3 years average tenure).

Ownership

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

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.9%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31