| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
INSTAL Overview
Instalco AB (publ) provides installation services in the heating and plumbing, electrical, ventilation, cooling, and industrial areas in Sweden and rest of Nordic.
Instalco Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr446.60 |
| 52 Week High | kr188.80 |
| 52 Week Low | kr499.00 |
| Beta | 0.76 |
| 1 Month Change | 3.62% |
| 3 Month Change | 3.33% |
| 1 Year Change | 123.75% |
| 3 Year Change | 596.72% |
| 5 Year Change | n/a |
| Change since IPO | 587.08% |
Recent News & Updates
Returns On Capital Are Showing Encouraging Signs At Instalco (STO:INSTAL)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Does This Valuation Of Instalco AB (publ) (STO:INSTAL) Imply Investors Are Overpaying?
How far off is Instalco AB (publ) ( STO:INSTAL ) from its intrinsic value? Using the most recent financial data, we'll...
Shareholder Returns
| INSTAL | SE Construction | SE Market | |
|---|---|---|---|
| 7D | 0.8% | 2.1% | 2.2% |
| 1Y | 123.7% | 16.4% | 34.1% |
Return vs Industry: INSTAL exceeded the Swedish Construction industry which returned 16.4% over the past year.
Return vs Market: INSTAL exceeded the Swedish Market which returned 34.1% over the past year.
Price Volatility
| INSTAL volatility | |
|---|---|
| INSTAL Beta | 0.76 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: INSTAL is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: INSTAL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 4,256 | Robin Boheman | https://instalco.se |
Instalco AB (publ) provides installation services in the heating and plumbing, electrical, ventilation, cooling, and industrial areas in Sweden and rest of Nordic. The company offers district heating, natural gas, heat pumps, tunnel pipes, and comfort cooling installation; sprinkler systems; water treatment and water consumption; pipe replacement and preventative maintenance; new construction; ongoing repairs; project planning; and service and maintenance services. It also provides electricity services, including design, project planning, and assembly services; alarms and monitoring; technical equipment data network and control; energy optimization through integrated property automation; charging posts for electric cars; remote reading; and service and maintenance.
Instalco Fundamentals Summary
| INSTAL fundamental statistics | |
|---|---|
| Market Cap | kr23.03b |
| Earnings (TTM) | kr518.00m |
| Revenue (TTM) | kr7.97b |
44.1x
P/E Ratio2.9x
P/S RatioIs INSTAL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INSTAL income statement (TTM) | |
|---|---|
| Revenue | kr7.97b |
| Cost of Revenue | kr4.10b |
| Gross Profit | kr3.88b |
| Expenses | kr3.36b |
| Earnings | kr518.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
| Earnings per share (EPS) | 10.12 |
| Gross Margin | 48.63% |
| Net Profit Margin | 6.50% |
| Debt/Equity Ratio | 55.2% |
How did INSTAL perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield27%
Payout RatioValuation
Is Instalco undervalued compared to its fair value and its price relative to the market?
44.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: INSTAL (SEK449.8) is trading above our estimate of fair value (SEK308.15)
Significantly Below Fair Value: INSTAL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: INSTAL is poor value based on its PE Ratio (44.5x) compared to the Swedish Construction industry average (31.8x).
PE vs Market: INSTAL is poor value based on its PE Ratio (44.5x) compared to the Swedish market (23.7x).
Price to Earnings Growth Ratio
PEG Ratio: INSTAL is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: INSTAL is overvalued based on its PB Ratio (10.8x) compared to the SE Construction industry average (3.9x).
Future Growth
How is Instalco forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INSTAL's forecast earnings growth (12.7% per year) is above the savings rate (0.3%).
Earnings vs Market: INSTAL's earnings (12.7% per year) are forecast to grow faster than the Swedish market (5.6% per year).
High Growth Earnings: INSTAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: INSTAL's revenue (11.1% per year) is forecast to grow faster than the Swedish market (4.8% per year).
High Growth Revenue: INSTAL's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INSTAL's Return on Equity is forecast to be high in 3 years time (24.1%)
Past Performance
How has Instalco performed over the past 5 years?
36.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INSTAL has high quality earnings.
Growing Profit Margin: INSTAL's current net profit margins (6.5%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: INSTAL's earnings have grown significantly by 36.7% per year over the past 5 years.
Accelerating Growth: INSTAL's earnings growth over the past year (32.8%) is below its 5-year average (36.7% per year).
Earnings vs Industry: INSTAL earnings growth over the past year (32.8%) exceeded the Construction industry 15.9%.
Return on Equity
High ROE: INSTAL's Return on Equity (24.4%) is considered high.
Financial Health
How is Instalco's financial position?
Financial Position Analysis
Short Term Liabilities: INSTAL's short term assets (SEK2.2B) exceed its short term liabilities (SEK2.2B).
Long Term Liabilities: INSTAL's short term assets (SEK2.2B) exceed its long term liabilities (SEK1.5B).
Debt to Equity History and Analysis
Debt Level: INSTAL's debt to equity ratio (55.2%) is considered high.
Reducing Debt: INSTAL's debt to equity ratio has reduced from 95.6% to 55.2% over the past 5 years.
Debt Coverage: INSTAL's debt is well covered by operating cash flow (53.8%).
Interest Coverage: INSTAL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Instalco current dividend yield, its reliability and sustainability?
0.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INSTAL's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.91%).
High Dividend: INSTAL's dividend (0.6%) is low compared to the top 25% of dividend payers in the Swedish market (3.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, INSTAL has been paying a dividend for less than 10 years.
Growing Dividend: INSTAL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27%), INSTAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: INSTAL's dividends in 3 years are forecast to be well covered by earnings (26.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Robin Boheman (37 yo)
0.083
Tenure
Mr. Robin Boheman serves as Chief Executive Officer at Instalco AB (publ) since September 1, 2021. He served as Chief Financial Officer of Instalco AB (publ) since November 11, 2019 until September 2021. M...
Leadership Team
Experienced Management: INSTAL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: INSTAL's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INSTAL 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
Instalco AB (publ)'s employee growth, exchange listings and data sources
Key Information
- Name: Instalco AB (publ)
- Ticker: INSTAL
- Exchange: OM
- Founded: 2013
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: kr23.028b
- Shares outstanding: 51.20m
- Website: https://instalco.se
Number of Employees
Location
- Instalco AB (publ)
- Lilla Bantorget 11
- Stockholm
- Stockholm County
- 111 23
- Sweden
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 17:53 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.