Indutrade
Market Cap
kr30.6b
Last Updated
2020/03/29 21:14 UTC
Data Sources
Company Financials +
Executive Summary
Indutrade AB (publ) markets and sells components, systems, and services to various industries worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with acceptable track record.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
4.0%
INDT
5.2%
SE Trade Distributors
5.3%
SE Market
1 Year Return
-4.2%
INDT
0.01%
SE Trade Distributors
-10.3%
SE Market
Return vs Industry: INDT underperformed the Swedish Trade Distributors industry which returned 0% over the past year.
Return vs Market: INDT exceeded the Swedish Market which returned -10.3% over the past year.
Shareholder returns
| INDT | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | 5.2% | 5.3% |
| 30 Day | -18.4% | -24.0% | -18.2% |
| 90 Day | -24.4% | -29.8% | -22.8% |
| 1 Year | -2.7%-4.2% | 2.0%0.01% | -7.8%-10.3% |
| 3 Year | 55.8%48.4% | 53.8%40.1% | -0.6%-15.4% |
| 5 Year | 110.2%92.6% | 131.7%90.7% | 8.0%-14.7% |
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
3 days ago | Simply Wall St
Is Indutrade AB (publ) (STO:INDT) A Smart Choice For Dividend Investors?2 weeks ago | Simply Wall St
Should You Be Tempted To Sell Indutrade AB (publ) (STO:INDT) Because Of Its P/E Ratio?4 weeks ago | Simply Wall St
Here's Why Indutrade (STO:INDT) Can Manage Its Debt ResponsiblyValuation
Is Indutrade undervalued compared to its fair value and its price relative to the market?
29.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INDT (SEK253.4) is trading below our estimate of fair value (SEK358.34)
Significantly Below Fair Value: INDT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INDT is poor value based on its PE Ratio (20.7x) compared to the Trade Distributors industry average (9.5x).
PE vs Market: INDT is poor value based on its PE Ratio (20.7x) compared to the Swedish market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: INDT is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: INDT is overvalued based on its PB Ratio (4.3x) compared to the SE Trade Distributors industry average (1.4x).
Next Steps
Future Growth
How is Indutrade forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INDT's forecast earnings growth (6.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: INDT's earnings (6.2% per year) are forecast to grow slower than the Swedish market (7.8% per year).
High Growth Earnings: INDT's earnings are forecast to grow, but not significantly.
Revenue vs Market: INDT's revenue (3.7% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: INDT's revenue (3.7% 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 low in 3 years time (19.5%).
Next Steps
Past Performance
How has Indutrade performed over the past 5 years?
13.9%
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%) are lower than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: INDT's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: INDT's earnings growth over the past year (8.4%) is below its 5-year average (13.9% per year).
Earnings vs Industry: INDT earnings growth over the past year (8.4%) underperformed the Trade Distributors industry 9.2%.
Return on Equity
High ROE: INDT's Return on Equity (20.7%) is considered high.
Next Steps
Financial Health
How is Indutrade's financial position?
Financial Position Analysis
Short Term Liabilities: INDT's short term assets (SEK7.7B) exceed its short term liabilities (SEK4.9B).
Long Term Liabilities: INDT's short term assets (SEK7.7B) exceed its long term liabilities (SEK5.4B).
Debt to Equity History and Analysis
Debt Level: INDT's debt to equity ratio (76.2%) is considered high.
Reducing Debt: INDT's debt to equity ratio has reduced from 80.5% to 76.2% over the past 5 years.
Debt Coverage: INDT's debt is well covered by operating cash flow (35.2%).
Interest Coverage: INDT's interest payments on its debt are well covered by EBIT (20.1x 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 1.4x debt).
Next Steps
Dividend
What is Indutrade's current dividend yield, its reliability and sustainability?
1.87%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: INDT's dividend (1.87%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (2.14%).
High Dividend: INDT's dividend (1.87%) is low compared to the top 25% of dividend payers in the Swedish market (6.55%).
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 (38.7%), 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 (33.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Bo Annvik (54yo)
2.92s
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 ($USD0.00) is below average for companies of similar size in the Swedish market ($USD1.37M).
Compensation vs Earnings: Insufficient data to compare Bo's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.92yrs | kr10.34m | no data | |
| Chief Financial Officer | 1.67yrs | no data | no data | |
| Member of Group Management | no data | no data | 0.00025% SEK76.6k | |
| Vice President of Group Human Resources | 1.5yrs | no data | no data | |
| Head of Acquisition & Business Development | no data | no data | no data | |
| Senior VP & Advisor to the CEO | 2.17yrs | no data | 0.037% SEK11.2m | |
| Senior Vice President of Finland | 2.17yrs | no data | 0.0083% SEK2.5m | |
| Senior Vice President of Fluids & Mechanical Solutions | 2.17yrs | no data | 0.013% SEK4.1m | |
| Head of Group Finance | 5.17yrs | no data | 0.0039% SEK1.2m | |
| Senior Vice President of Measurement & Sensor Technology | 2.17yrs | no data | 0.0046% SEK1.4m |
2.2yrs
Average Tenure
54yo
Average Age
Experienced Management: INDT's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.92yrs | kr10.34m | no data | |
| Independent Director | 6.58yrs | kr298.00k | 0.0017% SEK532.9k | |
| Independent Vice Chairman | 6.58yrs | kr433.00k | 0.050% SEK15.2m | |
| Independent Director | 14.17yrs | kr331.00k | 0.0099% SEK3.0m | |
| Independent Director | 2.92yrs | kr181.00k | 0.0016% SEK505.3k | |
| Independent Director | 8.17yrs | kr271.00k | 0.039% SEK12.0m | |
| Independent Chairwoman | 1.92yrs | kr271.00k | no data | |
| Independent Director | 1.92yrs | no data | 0.00083% SEK254.2k |
4.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: INDT's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INDT insiders have only sold shares 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
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: kr30.625b
- Shares outstanding: 120.86m
- Website: https://www.indutrade.com
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 |
| IDDW.F | OTCPK (Pink Sheets LLC) | Yes | Share Capital | US | USD | 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 & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology, and UK. It is involved in the sale of components, as well as the customization, combination, and installation of products from various suppliers. The company also provides components and systems for controlling, measuring, monitoring, and regulating flows, as well as for industrial production and maintenance; hydraulic and mechanical components; and medical technology equipment. In addition, it offers measurement instruments, measurement systems, sensors, control and regulating technology, and monitoring equipment; and custom-manufactured niche products, design solutions, aftermarket and assembly services, and customization services. Further, the company provides valves, hydraulic and industrial equipment, measurement and process technology, automation products, construction materials, service, filters, pipes and pipe systems, auto repair, tools and transmission, industrial springs, water and wastewater, lighting, chemical technology, fasteners, electronics, vehicles, energy, springs, piston rings, press work, and valve channels. Indutrade AB (publ) was founded in 1978 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/29 21:14 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.