Indutrade
Market Cap
kr37.5b
Last Updated
2019/11/16 20:52 UTC
Data Sources
Company Financials +
Executive Summary
Indutrade AB (publ) markets and sells components, systems, and services to various industries worldwide.
Snowflake
Fundamentals
Outstanding track record with excellent balance sheet.
Similar Companies
Share Price & News
How has Indutrade's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INDT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.0%
INDT
0.2%
SE Trade Distributors
-0.4%
SE Market
1 Year Return
40.7%
INDT
45.9%
SE Trade Distributors
17.9%
SE Market
Return vs Industry: INDT underperformed the Swedish Trade Distributors industry which returned 45.9% over the past year.
Return vs Market: INDT exceeded the Swedish Market which returned 17.9% over the past year.
Shareholder returns
| INDT | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 0.2% | -0.4% |
| 30 Day | 13.9% | 9.0% | 3.8% |
| 90 Day | 15.7% | 13.8% | 12.6% |
| 1 Year | 43.0%40.7% | 48.8%45.9% | 23.1%17.9% |
| 3 Year | 88.4%79.4% | 115.9%96.1% | 36.8%15.8% |
| 5 Year | 247.6%218.6% | 246.5%178.1% | 59.2%25.0% |
Price Volatility Vs. Market
How volatile is Indutrade's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Indutrade (STO:INDT) Seems To Use Debt Quite Sensibly3 weeks ago | Simply Wall St
Does Indutrade AB (publ) (STO:INDT) Have A Particularly Volatile Share Price?1 month ago | Simply Wall St
Where Indutrade AB (publ) (STO:INDT) Stands In Terms Of Earnings Growth Against Its IndustryValuation
Is Indutrade undervalued compared to its fair value and its price relative to the market?
25.83x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: INDT (SEK310.6) is trading above our estimate of fair value (SEK299.75)
Significantly Below Fair Value: INDT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: INDT is poor value based on its PE Ratio (25.8x) compared to the Trade Distributors industry average (14.8x).
PE vs Market: INDT is poor value based on its PE Ratio (25.8x) compared to the Swedish market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: INDT is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: INDT is overvalued based on its PB Ratio (5.4x) compared to the SE Trade Distributors industry average (2.4x).
Next Steps
Future Growth
How is Indutrade forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INDT's forecast earnings growth (6.3% per year) is above the savings rate (0.4%).
Earnings vs Market: INDT's earnings (6.3% per year) are forecast to grow slower than the Swedish market (9.5% per year).
High Growth Earnings: INDT's earnings are forecast to grow, but not significantly.
Revenue vs Market: INDT's revenue (3.9% per year) is forecast to grow slower than the Swedish market (4.4% per year).
High Growth Revenue: INDT's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INDT's Return on Equity is forecast to be high in 3 years time (20.3%)
Next Steps
Past Performance
How has Indutrade performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDT has high quality earnings.
Growing Profit Margin: INDT's current net profit margins (8.1%) are higher than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: INDT's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: INDT's earnings growth over the past year (24.2%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: INDT earnings growth over the past year (24.2%) exceeded the Trade Distributors industry 9.7%.
Return on Equity
High ROE: INDT's Return on Equity (20.9%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Indutrade's financial position?
Financial Position Analysis
Short Term Liabilities: INDT's short term assets (SEK7.9B) exceeds its short term liabilities (SEK5.5B)
Long Term Liabilities: INDT's short term assets (7.9B) exceeds its long term liabilities (5.3B)
Debt to Equity History and Analysis
Debt Level: INDT's debt to equity ratio (95.4%) is considered high
Reducing Debt: INDT's debt to equity ratio has reduced from 98.1% to 95.4% over the past 5 years.
Debt Coverage: INDT's debt is well covered by operating cash flow (27%).
Interest Coverage: INDT's interest payments on its debt are well covered by EBIT (21.8x coverage).
Balance Sheet
Inventory Level: INDT has a high level of physical assets or inventory.
Debt Coverage by Assets: INDT's debt is covered by short term assets (assets are 1.2x debt).
Next Steps
Dividend
What is Indutrade's current dividend yield, its reliability and sustainability?
1.45%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: INDT's dividend (1.45%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.71%).
High Dividend: INDT's dividend (1.45%) is low compared to the top 25% of dividend payers in the Swedish market (4.74%).
Stability and Growth of Payments
Stable Dividend: INDT's dividend payments have been volatile in the past 10 years.
Growing Dividend: INDT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.4%), INDT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: INDT's dividends in 3 years are forecast to be well covered by earnings (36.1% payout ratio).
Next Steps
Management
What is the CEO of Indutrade's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Bo Annvik (54yo)
2.6yrs
Tenure
kr10,342,000
Compensation
Mr. Bo Annvik, M. Sc. (Econ.), has been the Chief Executive Officer and President of Indutrade AB (publ) since he joined in April 26, 2017. Mr. Annvik has been a Director of SSAB since April 8, 2019. He ha ...
CEO Compensation Analysis
Compensation vs Market: Bo's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD808.85K).
Compensation vs Earnings: Insufficient data to compare Bo's compensation with company performance.
Management Age and Tenure
1.8yrs
Average Tenure
54yo
Average Age
Experienced Management: INDT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
4.4yrs
Average Tenure
59.5yo
Average Age
Experienced Board: INDT's board of directors are considered experienced (4.4 years average tenure).
Insider Trading
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 not been meaningfully diluted in the past year.
Management Team
Bo Annvik (54yo)
CEO, President & Director
- Tenure: 2.6yrs
- Compensation: kr10.34m
Peter Eriksson (66yo)
Senior VP & Advisor to the CEO
- Tenure: 1.8yrs
Claes Hjalmarson (65yo)
Head of Acquisition & Business Development
- Tenure: 0yrs
Patrik Stolpe (54yo)
Senior Vice President of Measurement & Sensor Technology
- Tenure: 1.8yrs
Juha Kujala (52yo)
Senior Vice President of Finland
- Tenure: 1.8yrs
Göte Mattsson (64yo)
Senior Vice President of Fluids & Mechanical Solutions
- Tenure: 1.8yrs
Susann Nyberg (56yo)
Head of Group Finance
- Tenure: 4.8yrs
Frida Adrian (42yo)
Member of Group Management
- Tenure: 0yrs
Patrik Johnson (49yo)
Chief Financial Officer
- Tenure: 1.3yrs
Åsa Wirsenius (42yo)
Vice President of Group Human Resources
- Tenure: 1.2yrs
Board Members
Lars Pettersson (65yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: kr298.00k
Bengt Kjell (65yo)
Independent Vice Chairman
- Tenure: 6.3yrs
- Compensation: kr433.00k
Ulf Lundahl (67yo)
Independent Director
- Tenure: 13.8yrs
- Compensation: kr331.00k
Susanna Campbell (46yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: kr181.00k
Krister Mellvé (70yo)
Independent Director
- Tenure: 7.8yrs
- Compensation: kr271.00k
Bo Annvik (54yo)
CEO, President & Director
- Tenure: 2.6yrs
- Compensation: kr10.34m
Katarina Martinson (38yo)
Independent Chairwoman
- Tenure: 1.6yrs
- Compensation: kr271.00k
Anders Jernhall (49yo)
Independent Director
- Tenure: 1.6yrs
Company Information
Indutrade AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Indutrade AB (publ)
- Ticker: INDT
- Exchange: OM
- Founded: 1978
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: kr37.538b
- Shares outstanding: 120.86m
- Website: https://www.indutrade.se
Number of Employees
Location
- Indutrade AB (publ)
- Raseborgsgatan 9
- Box 6044
- Stockholm
- Stockholm County
- 164 06
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INDT | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Oct 2005 |
| I1M | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Oct 2005 |
| 0H30 | LSE (London Stock Exchange) | Yes | Share Capital | GB | SEK | Oct 2005 |
| INDTs | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | SEK | Oct 2005 |
Biography
Indutrade AB (publ) markets and sells components, systems, and services to various industries worldwide. The company operates through eight business areas: Benelux, DACH, Finland, Flow Technology, Fluids & ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/16 20:52 |
| End of Day Share Price | 2019/11/15 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.