Indutrade
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Indutrade AB (publ) markets and sells components, systems, and services to various industries worldwide. The last earnings update was 28 days ago. More info.
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INDT Share Price and Events
7 Day Returns
1 Year Returns
INDT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Indutrade (INDT) | 1.1% | 8.1% | 27.6% | 28.4% | 89.2% | 203.2% |
| SE Trade Distributors | 1.1% | 12.3% | 24.4% | 23.4% | 90.4% | 142.4% |
| SE Market | 1% | 6.1% | 11.3% | 5.7% | 15.9% | 26% |
1 Year Return vs Industry and Market
- INDT outperformed the Trade Distributors industry which returned 23.4% over the past year.
- INDT outperformed the Market in Sweden which returned 5.7% over the past year.
INDT Value
Is Indutrade undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Indutrade
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Indutrade.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 3 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 6.5% |
| Perpetual Growth Rate | 10-Year SE Government Bond Rate | 0.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year SE Govt Bond Rate | 0.4% |
| Equity Risk Premium | S&P Global | 6% |
| Trade Distributors Unlevered Beta | Simply Wall St/ S&P Global | 0.95 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.946 (1 + (1- 22%) (12.55%)) |
1.026 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.03 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (1.026 * 5.96%) |
6.55% |
Discounted Cash Flow Calculation for OM:INDT using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Indutrade is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (SEK, Millions) | Source |
Present Value Discounted (@ 6.55%) |
|
|---|---|---|---|
| 2019 | 1,642.67 | Analyst x3 | 1,541.70 |
| 2020 | 1,692.33 | Analyst x3 | 1,490.68 |
| 2021 | 1,845.00 | Analyst x3 | 1,525.26 |
| 2022 | 1,958.96 | Est @ 6.18% | 1,519.93 |
| 2023 | 2,046.21 | Est @ 4.45% | 1,490.04 |
| 2024 | 2,112.67 | Est @ 3.25% | 1,443.87 |
| 2025 | 2,163.45 | Est @ 2.4% | 1,387.70 |
| 2026 | 2,202.68 | Est @ 1.81% | 1,326.01 |
| 2027 | 2,233.50 | Est @ 1.4% | 1,261.92 |
| 2028 | 2,258.29 | Est @ 1.11% | 1,197.50 |
| Present value of next 10 years cash flows | SEK14,184.60 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= SEK2,258.29 × (1 + 0.43%) ÷ (6.55% – 0.43%) |
SEK37,090.91 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= SEK37,090.91 ÷ (1 + 6.55%)10 |
SEK19,668.12 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= SEK14,184.60 + SEK19,668.12 |
SEK33,852.72 |
| Equity Value per Share (SEK) |
= Total value / Shares Outstanding
= SEK33,852.72 / 120.86 |
SEK280.11 |
| Calculation | Result | |
|---|---|---|
| Value per share (SEK) | From above. | SEK280.11 |
| Current discount | Discount to share price of
SEK285.00
= -1 x (SEK285.00 - SEK280.11) / SEK280.11 |
-1.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Indutrade is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Indutrade's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Indutrade's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in SEK | SEK11.31 |
| OM:INDT Share Price ** | OM (2019-04-25) in SEK | SEK285 |
| Sweden Trade Distributors Industry PE Ratio | Median Figure of 13 Publicly-Listed Trade Distributors Companies | 15.12x |
| Sweden Market PE Ratio | Median Figure of 322 Publicly-Listed Companies | 17.28x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Indutrade.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OM:INDT Share Price ÷ EPS (both in SEK) = 285 ÷ 11.31 |
25.19x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Indutrade is overvalued based on earnings compared to the SE Trade Distributors industry average.
- Indutrade is overvalued based on earnings compared to the Sweden market.
Price based on expected Growth
Does
Indutrade's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 25.19x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
10.2%per year |
| Sweden Trade Distributors Industry PEG Ratio | Median Figure of 9 Publicly-Listed Trade Distributors Companies | 1.88x |
| Sweden Market PEG Ratio | Median Figure of 233 Publicly-Listed Companies | 1.31x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 25.19x ÷ 10.2% |
2.47x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Indutrade is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Indutrade's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in SEK | SEK51.34 |
| OM:INDT Share Price * | OM (2019-04-25) in SEK | SEK285 |
| Sweden Trade Distributors Industry PB Ratio | Median Figure of 13 Publicly-Listed Trade Distributors Companies | 2.67x |
| Sweden Market PB Ratio | Median Figure of 566 Publicly-Listed Companies | 2.51x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OM:INDT Share Price ÷ Book Value per Share (both in SEK) = 285 ÷ 51.34 |
5.55x |
* Primary Listing of Indutrade.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Indutrade is overvalued based on assets compared to the SE Trade Distributors industry average.
Value checks
We assess Indutrade's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check) Indutrade has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
INDT Future Performance
How is Indutrade expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Indutrade's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
- Indutrade's earnings growth is expected to exceed the Sweden market average.
- Indutrade's revenue growth is expected to exceed the Sweden market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| OM:INDT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | 10.2% |
| OM:INDT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 7.1% |
| Sweden Trade Distributors Industry Earnings Growth Rate | Market Cap Weighted Average | 9% |
| Sweden Trade Distributors Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| Sweden Market Earnings Growth Rate | Market Cap Weighted Average | 8.4% |
| Sweden Market Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 20,839 | 2,399 | 1,865 | 3 |
| 2020-12-31 | 19,412 | 2,236 | 1,708 | 3 |
| 2019-12-31 | 18,060 | 2,067 | 1,554 | 3 |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 16,848 | 1,360 | 1,367 |
| 2018-09-30 | 16,334 | 1,279 | 1,170 |
| 2018-06-30 | 15,852 | 1,190 | 1,121 |
| 2018-03-31 | 15,211 | 1,234 | 1,060 |
| 2017-12-31 | 14,847 | 1,554 | 1,029 |
| 2017-09-30 | 14,414 | 1,497 | 1,106 |
| 2017-06-30 | 13,957 | 1,423 | 1,052 |
| 2017-03-31 | 13,525 | 1,424 | 1,008 |
| 2016-12-31 | 12,955 | 1,207 | 936 |
| 2016-09-30 | 12,675 | 1,244 | 944 |
| 2016-06-30 | 12,535 | 1,291 | 947 |
| 2016-03-31 | 12,243 | 1,083 | 917 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
All data from Indutrade Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 15.42 | 16.40 | 14.40 | 3.00 |
| 2020-12-31 | 14.15 | 14.69 | 13.60 | 3.00 |
| 2019-12-31 | 12.86 | 12.90 | 12.83 | 3.00 |
| Date (Data in SEK Millions) | EPS * |
|---|---|
| 2018-12-31 | 11.31 |
| 2018-09-30 | 9.68 |
| 2018-06-30 | 9.28 |
| 2018-03-31 | 8.79 |
| 2017-12-31 | 8.54 |
| 2017-09-30 | 9.20 |
| 2017-06-30 | 8.76 |
| 2017-03-31 | 8.40 |
| 2016-12-31 | 7.80 |
| 2016-09-30 | 7.87 |
| 2016-06-30 | 7.89 |
| 2016-03-31 | 7.64 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Indutrade's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Indutrade has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
INDT Past Performance
How has Indutrade performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Indutrade's year on year earnings growth rate has been positive over the past 5 years.
- Indutrade's 1-year earnings growth exceeds its 5-year average (32.8% vs 14.2%)
- Indutrade's earnings growth has exceeded the SE Trade Distributors industry average in the past year (32.8% vs 22.8%).
Earnings and Revenue History
All data from Indutrade Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 16,848.00 | 1,367.00 | 3,731.00 | 204.00 |
| 2018-09-30 | 16,334.00 | 1,170.00 | 3,699.00 | 196.00 |
| 2018-06-30 | 15,852.00 | 1,121.00 | 3,592.00 | 188.00 |
| 2018-03-31 | 15,211.00 | 1,060.00 | 3,464.00 | 182.00 |
| 2017-12-31 | 14,847.00 | 1,029.00 | 3,360.00 | 178.00 |
| 2017-09-30 | 14,414.00 | 1,106.00 | 3,210.00 | 175.00 |
| 2017-06-30 | 13,957.00 | 1,052.00 | 3,133.00 | 173.00 |
| 2017-03-31 | 13,525.00 | 1,008.00 | 3,063.00 | 166.00 |
| 2016-12-31 | 12,955.00 | 936.00 | 2,974.00 | 156.00 |
| 2016-09-30 | 12,675.00 | 944.00 | 2,899.00 | 147.00 |
| 2016-06-30 | 12,535.00 | 947.00 | 2,841.00 | 140.00 |
| 2016-03-31 | 12,243.00 | 917.00 | 2,763.00 | 134.00 |
| 2015-12-31 | 11,881.00 | 893.00 | 2,684.00 | 133.00 |
| 2015-09-30 | 11,316.00 | 856.00 | 2,550.00 | 125.00 |
| 2015-06-30 | 10,692.00 | 798.00 | 2,447.00 | 119.00 |
| 2015-03-31 | 10,097.00 | 743.00 | 2,334.00 | 113.00 |
| 2014-12-31 | 9,746.00 | 704.00 | 2,247.00 | 107.00 |
| 2014-09-30 | 9,444.00 | 662.00 | 2,209.00 | 108.00 |
| 2014-06-30 | 9,180.00 | 624.00 | 2,144.00 | 106.00 |
| 2014-03-31 | 9,030.00 | 606.00 | 2,098.00 | 109.00 |
| 2013-12-31 | 8,831.00 | 587.00 | 2,054.00 | 110.00 |
| 2013-09-30 | 8,746.00 | 602.00 | 2,015.00 | 107.00 |
| 2013-06-30 | 8,586.00 | 583.00 | 1,993.00 | 104.00 |
| 2013-03-31 | 8,453.00 | 566.00 | 1,981.00 | 99.00 |
| 2012-12-31 | 8,384.00 | 569.00 | 1,958.00 | 95.00 |
| 2012-09-30 | 8,275.00 | 531.00 | 1,929.00 | 93.00 |
| 2012-06-30 | 8,292.00 | 549.00 | 1,908.00 | 90.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Indutrade has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Indutrade used its assets more efficiently than the SE Trade Distributors industry average last year based on Return on Assets.
- Indutrade's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Indutrade's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Indutrade has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
INDT Health
How is Indutrade's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Indutrade's finances.
The net worth of a company is the difference between its assets and liabilities.
- Indutrade is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Indutrade's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Indutrade Company Filings, last reported 3 months ago.
| Date (Data in SEK Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 6,218.00 | 4,321.00 | 708.00 |
| 2018-09-30 | 5,906.00 | 4,855.00 | 531.00 |
| 2018-06-30 | 5,616.00 | 4,985.00 | 534.00 |
| 2018-03-31 | 5,654.00 | 4,589.00 | 511.00 |
| 2017-12-31 | 5,168.00 | 4,009.00 | 464.00 |
| 2017-09-30 | 4,900.00 | 4,150.00 | 375.00 |
| 2017-06-30 | 4,651.00 | 4,034.00 | 351.00 |
| 2017-03-31 | 4,664.00 | 4,020.00 | 546.00 |
| 2016-12-31 | 4,399.00 | 3,679.00 | 332.00 |
| 2016-09-30 | 4,065.00 | 4,310.00 | 318.00 |
| 2016-06-30 | 3,861.00 | 4,021.00 | 302.00 |
| 2016-03-31 | 3,911.00 | 3,519.00 | 368.00 |
| 2015-12-31 | 3,707.00 | 3,033.00 | 339.00 |
| 2015-09-30 | 3,527.00 | 3,716.00 | 431.00 |
| 2015-06-30 | 3,307.00 | 3,810.00 | 293.00 |
| 2015-03-31 | 3,399.00 | 3,209.00 | 344.00 |
| 2014-12-31 | 3,162.00 | 2,618.00 | 357.00 |
| 2014-09-30 | 2,923.00 | 2,951.00 | 279.00 |
| 2014-06-30 | 2,720.00 | 3,033.00 | 287.00 |
| 2014-03-31 | 2,757.00 | 2,539.00 | 214.00 |
| 2013-12-31 | 2,626.00 | 2,415.00 | 261.00 |
| 2013-09-30 | 2,405.00 | 2,858.00 | 244.00 |
| 2013-06-30 | 2,281.00 | 2,963.00 | 286.00 |
| 2013-03-31 | 2,342.00 | 2,665.00 | 210.00 |
| 2012-12-31 | 2,290.00 | 2,415.00 | 243.00 |
| 2012-09-30 | 2,088.00 | 2,179.00 | 214.00 |
| 2012-06-30 | 2,020.00 | 2,233.00 | 245.00 |
- Indutrade's level of debt (69.5%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (92% vs 69.5% today).
- Debt is well covered by operating cash flow (31.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 29.5x coverage).
Financial health checks
We assess Indutrade's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Indutrade has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
INDT Dividends
What is Indutrade's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
SEK2,000 of
Indutrade
shares you are expected to receive
SEK32
in your first year as a dividend.
Dividend Amount
- Indutrade's pays a lower dividend yield than the bottom 25% of dividend payers in Sweden (1.84%).
- Indutrade's dividend is below the markets top 25% of dividend payers in Sweden (4.33%).
Upcoming dividend payment
Purchase Indutrade before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Sweden Trade Distributors Industry Average Dividend Yield | Market Cap Weighted Average of 11 Stocks | 2.1% |
| Sweden Market Average Dividend Yield | Market Cap Weighted Average of 245 Stocks | 3.5% |
| Sweden Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Sweden Bottom 25% Dividend Yield | 25th Percentile | 1.8% |
| Sweden Top 25% Dividend Yield | 75th Percentile | 4.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in SEK) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 6.37 | 3.00 |
| 2020-12-31 | 5.85 | 3.00 |
| 2019-12-31 | 5.29 | 3.00 |
| Date (Data in SEK) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-28 | 4.500 | 1.617 |
| 2019-02-13 | 4.500 | 1.693 |
| 2018-03-20 | 3.750 | 1.694 |
| 2017-03-20 | 3.200 | 1.538 |
| 2016-03-21 | 3.000 | 1.744 |
| 2015-04-30 | 2.583 | 1.828 |
| 2014-03-20 | 2.350 | 2.271 |
| 2013-04-03 | 2.350 | 2.856 |
| 2012-03-26 | 2.250 | 3.398 |
| 2012-02-14 | 2.250 | 3.143 |
| 2011-03-21 | 1.700 | 2.758 |
| 2010-05-24 | 1.433 | 2.328 |
| 2009-05-05 | 2.133 | 4.864 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess Indutrade's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Indutrade afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Indutrade has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
INDT Management
CEO
| COMPENSATION | SEK10,342,000 |
| AGE | 53 |
| TENURE AS CEO | 2 years |
CEO Bio
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 has been the President of SKF Sealing Solutions of SKF since 2005. Mr. Annvik served as the Chief Executive Officer and President at Haldex AB from July 1, 2012 to February 28, 2017. He served as an Executive Vice President of Long Products Business Unit at Outokumpu Oyj since May 2010. He served as the Executive Vice President of Specialty Stainless of Outokumpu Oyj since June 1, 2007. Mr. Annvik was responsible for Avesta Works, Hot Rolled Plate, Thin Strip and OSTP business units. He served as Acting Executive Vice President of Group Sales and Marketing of Outokumpu Oyj from February 2009 to April 2010. He served as Vice President, Marketing of Volvo Car Corp. from November 1998 to August 2000; Vice President, Product Planning & Business Development at Volvo Car Corp. from April 1996 to November 1998; Act. Vice President, Business Strategy & Product Planning, Volvo Cars Corp. from November 1995 to April 1996; Business Strategy Director of Volvo Car Corp. from September 1994 to November 1995; Senior Manager and Co-founder of Arthur D. Little AB, Sweden/ Scandinavia from August 1992 to September 1994; Senior Manager and Partner of SEED Management AB from January 1991 to August 1992; Management Consultant at Cresentia AB from June 1990 to January 1991 and Vice President, Business Development, Automotive Division, SKF from December 2002 to February 2005. His portfolio in the Group Executive Committee supervises the business units of Avesta Works, Hot Rolled Plate, Thin Strip and OSTP. He has been a Director at Plastal Industri AB since September 22, 2015. Mr. Annvik holds Complimentary University Studies from Chalmers University of Technology, Gothenburg, Sweden (Market Analysis, International Marketing and Logistics) in 1990 and Bachelor of Science in Business and Economics from Gothenburg School of Economics, Sweden in 1990.
CEO Compensation
- Insufficient data for Bo to compare compensation growth.
- Bo's remuneration is about average for companies of similar size in Sweden.
Management Team Tenure
Average tenure and age of the Indutrade management team in years:
- The average tenure for the Indutrade management team is less than 2 years, this suggests a new team.
Management Team
Bo Annvik
CEO, President & Director
SEK10M
53
2 yrs
Patrik Johnson
Chief Financial Officer
48
0.8 yrs
Frida Adrian
Member of Group Management
41
Åsa Wirsenius
Vice President of Group Human Resources
41
0.6 yrs
Claes Hjalmarson
Head of Acquisition & Business Development
64
Peter Eriksson
Senior VP & Advisor to the CEO
65
1.3 yrs
Juha Kujala
Senior Vice President of Finland
51
1.3 yrs
Göte Mattsson
Senior Vice President of Fluids & Mechanical Solutions
63
1.3 yrs
Susann Nyberg
Head of Group Finance
55
4.3 yrs
Patrik Stolpe
Senior Vice President of Measurement & Sensor Technology
53
1.3 yrs
Board of Directors Tenure
Average tenure and age of the Indutrade board of directors in years:
- The tenure for the Indutrade board of directors is about average.
Board of Directors
Katarina Martinson
Chairwoman
SEK271K
37
1 yrs
Bo Annvik
CEO, President & Director
SEK10M
53
2 yrs
Bengt Kjell
Vice Chairman
SEK433K
64
5.7 yrs
Ulf Lundahl
Independent Director
SEK331K
66
13.3 yrs
Krister Mellvé
Independent Director
SEK271K
69
7.3 yrs
Lars Pettersson
Independent Director
SEK298K
64
5.7 yrs
Susanna Campbell
Independent Director
SEK181K
45
2 yrs
Anders Jernhall
Independent Director
48
1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SEK) | Value (SEK) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Indutrade's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Indutrade has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
INDT News
Simply Wall St News
How Indutrade AB (publ) (STO:INDT) Can Impact Your Portfolio Volatility
If you're interested in Indutrade AB (publ) (STO:INDT), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).
Simply Wall St - – Full articleInvestors Who Bought Indutrade (STO:INDT) Shares Five Years Ago Are Now Up 181%
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Indutrade achieved compound earnings per share (EPS) growth of 18% per year. … This EPS growth is slower than the share price growth of 23% per year, over the same period.
Simply Wall St - – Full articleIs Indutrade AB (publ) (STO:INDT) A Smart Choice For Dividend Investors?
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Historically, Indutrade AB (publ) (STO:INDT) has been paying a dividend to shareholders. … Let's dig deeper into whether Indutrade should have a place in your portfolio.
Simply Wall St - – Full articleWhat Should You Know About Indutrade AB (publ)'s (STO:INDT) Future?
Indutrade AB (publ)'s (STO:INDT) most recent earnings announcement in December 2018a … revealed … company
Simply Wall St - – Full articleIndutrade AB (publ) (STO:INDT): Immense Growth Potential?
On 31 December 2018, Indutrade AB (publ) (STO:INDT) announced its earnings update. … analyst consensus outlook appear cautiously subdued, … the higher past 5-year average growth rate of 14%.
Simply Wall St - – Full articleIs Indutrade AB (publ)'s (STO:INDT) 22% Better Than Average?
Our data shows Indutrade has a return on equity of 22% for the last year. … One way to conceptualize this, is that for each SEK1 of shareholders' equity it has, the company made SEK0.22 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleDoes Indutrade AB (publ)'s (STO:INDT) 33% Earnings Growth Make It An Outperformer?
Today I will take a look at Indutrade AB (publ)'s (STO:INDT) most recent earnings update (31 December 2018) and compare these latest figures against its performance over the past few years, as well as how the rest of the trade distributors industry performed. … How INDT fared against its long-term earnings performance and its industry. … INDT's trailing twelve-month earnings (from 31 December 2018) of kr1.4b has
Simply Wall St - – Full articleIs Indutrade AB (publ) (STO:INDT) Potentially Underrated?
Help shape the future of investing tools and you could win a $250 gift card! … I've been keeping an eye on Indutrade AB (publ) (STO:INDT) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe INDT has a lot to offer.
Simply Wall St - – Full articleDo Indutrade AB (publ)’s (STO:INDT) Returns On Capital Employed Make The Cut?
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleShould You Be Tempted To Sell Indutrade AB (publ) (STO:INDT) Because Of Its P/E Ratio?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … How Do I Calculate Indutrade's Price To Earnings Ratio … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleINDT Company Info
Description
Indutrade AB (publ) markets and sells components, systems, and services to various industries worldwide. The company operates through six business areas: Engineering & Equipment, Flow Technology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology, and Special Products. The Engineering & Equipment business area is involved in the sale of components, as well as the customization, combinations, and installations of products from various suppliers. The Flow Technology business area offers components and systems for controlling, measuring, monitoring, and regulating flows. The Fluid & Mechanical Solutions business area provides hydraulic and mechanical components. The Industrial Components business area offers a range of components and systems for production and maintenance, and medical technology equipment. The Measurement & Sensor Technology business area offers design solutions, measurement instruments, and measurement systems and sensors. The Special Products business area provides specially manufactured niche products, design solutions, aftermarket and assembly services, and special processing services. The company sells products in the areas of valves, hydraulics and industrial equipment, measurement technology, fasteners/electronics/industrial springs, construction materials, filters and process technology, chemical technology, medical technology, automation, pumps, pipes and pipe systems, glass/plastic/ceramic products, and others. Indutrade AB (publ) was founded in 1978 and is based in Kista, Sweden.
Details
| Name: | Indutrade AB (publ) |
| INDT | |
| Exchange: | OM |
| Founded: | 1978 |
| SEK34,443,675,000 | |
| 120,855,000 | |
| Website: | http://www.indutrade.se |
| Address: |
Indutrade AB (publ) Raseborgsgatan 9, Box 6044, Kista, Stockholm County, 164 06, Sweden |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OM | INDT | Share Capital | OMX Nordic Exchange Stockholm | SE | SEK | 05. Oct 2005 | |
| OTCPK | IDDW.F | Share Capital | Pink Sheets LLC | US | USD | 05. Oct 2005 | |
| DB | I1M | Share Capital | Deutsche Boerse AG | DE | EUR | 05. Oct 2005 | |
| LSE | 0H30 | Share Capital | London Stock Exchange | GB | SEK | 05. Oct 2005 | |
| BATS-CHIXE | INDTs | Share Capital | BATS 'Chi-X Europe' | GB | SEK | 05. Oct 2005 |
Number of employees
Current staff
Industry
| Trading Companies and Distributors | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/25 21:01 |
| End of day share price update: | 2019/04/25 00:00 |
| Last estimates confirmation: | 2019/04/23 |
| Last earnings filing: | 2019/03/28 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
