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Market Cap

kr642.3m

Last Updated

2021/05/17 21:55 UTC

Data Sources

Company Financials +

Executive Summary

Inission AB (publ) provides production and logistics services in the field of industrial electronics in Sweden. More Details


Snowflake Analysis

Very undervalued with flawless balance sheet.


Similar Companies

Share Price & News

How has Inission's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: INISS B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: INISS B's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.3%

INISS B

-2.3%

SE Electrical

-2.4%

SE Market


1 Year Return

61.1%

INISS B

57.4%

SE Electrical

48.7%

SE Market

Return vs Industry: INISS B underperformed the Swedish Electrical industry which returned 65% over the past year.

Return vs Market: INISS B exceeded the Swedish Market which returned 56.4% over the past year.


Shareholder returns

INISS BIndustryMarket
7 Day-2.3%-2.3%-2.4%
30 Day-7.0%-9.0%-4.0%
90 Day-12.7%-17.5%6.6%
1 Year61.1%61.1%58.4%57.4%53.6%48.7%
3 Year137.1%132.6%63.9%39.4%60.9%42.6%
5 Year177.1%163.4%130.0%97.6%103.0%62.4%

Long-Term Price Volatility Vs. Market

How volatile is Inission's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

43.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: INISS B (SEK107) is trading below our estimate of fair value (SEK189.17)

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


Price To Earnings Ratio

PE vs Industry: INISS B is good value based on its PE Ratio (20.6x) compared to the Swedish Electrical industry average (42.9x).

PE vs Market: INISS B is good value based on its PE Ratio (20.6x) compared to the Swedish market (24.2x).


Price to Earnings Growth Ratio

PEG Ratio: INISS B is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: INISS B is good value based on its PB Ratio (2.4x) compared to the SE Electrical industry average (4.8x).


Future Growth

How is Inission forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

33.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INISS B's forecast earnings growth (33.5% per year) is above the savings rate (0.3%).

Earnings vs Market: INISS B's earnings (33.5% per year) are forecast to grow faster than the Swedish market (1.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: INISS B's revenue (4.8% per year) is forecast to grow faster than the Swedish market (0.6% per year).

High Growth Revenue: INISS B's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INISS B's Return on Equity is forecast to be low in 3 years time (14.7%).


Past Performance

How has Inission performed over the past 5 years?

15.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INISS B has high quality earnings.

Growing Profit Margin: INISS B's current net profit margins (2.6%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: INISS B's earnings have grown by 15.1% per year over the past 5 years.

Accelerating Growth: INISS B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INISS B had negative earnings growth (-5.1%) over the past year, making it difficult to compare to the Electrical industry average (57.6%).


Return on Equity

High ROE: INISS B's Return on Equity (9.8%) is considered low.


Financial Health

How is Inission's financial position?


Financial Position Analysis

Short Term Liabilities: INISS B's short term assets (SEK460.7M) exceed its short term liabilities (SEK214.2M).

Long Term Liabilities: INISS B's short term assets (SEK460.7M) exceed its long term liabilities (SEK72.5M).


Debt to Equity History and Analysis

Debt Level: INISS B's debt to equity ratio (25.1%) is considered satisfactory.

Reducing Debt: INISS B's debt to equity ratio has reduced from 38.7% to 25.1% over the past 5 years.

Debt Coverage: INISS B's debt is well covered by operating cash flow (98.9%).

Interest Coverage: INISS B's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

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

2.80%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate INISS B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate INISS B's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if INISS B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INISS B's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: INISS B is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INISS B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Fredrik Berghel (53 yo)

6.33yrs

Tenure

Mr. Fredrik Berghel, M.Sc. (Eng.) has been Chief Executive Officer and President of Inission AB since 2015 and 2008 respectively. Mr. Berghel serves as Chairman of the Board at Inission Ab. He served as th...


Leadership Team

Experienced Management: INISS B's management team is 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: INISS 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 been diluted in the past year, with total shares outstanding growing by 22.6%.


Top Shareholders

Company Information

Inission AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inission AB (publ)
  • Ticker: INISS B
  • Exchange: OM
  • Founded: 1973
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: kr642.285m
  • Shares outstanding: 6.00m
  • Website: https://www.inission.com

Number of Employees


Location

  • Inission AB (publ)
  • Lantvärnsgatan 4
  • Karlstad
  • Värmland County
  • 652 21
  • Sweden

Listings


Biography

Inission AB (publ) provides production and logistics services in the field of industrial electronics in Sweden. The company offers development, sourcing, manufacturing, logistics, and life cycle guarantee ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 21:55
End of Day Share Price2021/05/17 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.