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LATO

Investment AB Latour OM:LATO B Stock Report

Last Price

kr230.90

Market Cap

kr147.6b

7D

-1.7%

1Y

-15.1%

Updated

23 May, 2022

Data

Company Financials
LATO B fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends2/6

LATO B Stock Overview

Investment AB Latour (publ) is an investment firm.

Investment AB Latour Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Investment AB Latour
Historical stock prices
Current Share Pricekr230.90
52 Week Highkr373.40
52 Week Lowkr214.10
Beta0.73
1 Month Change-16.61%
3 Month Change-9.52%
1 Year Change-15.14%
3 Year Change74.79%
5 Year Change128.84%
Change since IPO11,741.15%

Recent News & Updates

May 24
Returns On Capital Are Showing Encouraging Signs At Investment AB Latour (STO:LATO B)

Returns On Capital Are Showing Encouraging Signs At Investment AB Latour (STO:LATO B)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

May 06
Investment AB Latour (STO:LATO B) Will Pay A Larger Dividend Than Last Year At kr3.30

Investment AB Latour (STO:LATO B) Will Pay A Larger Dividend Than Last Year At kr3.30

The board of Investment AB Latour (publ) ( STO:LATO B ) has announced that it will be increasing its dividend on the...

Shareholder Returns

LATO BSE IndustrialsSE Market
7D-1.7%-0.1%0.05%
1Y-15.1%-9.0%-12.2%

Return vs Industry: LATO B underperformed the Swedish Industrials industry which returned -9.3% over the past year.

Return vs Market: LATO B underperformed the Swedish Market which returned -12.7% over the past year.

Price Volatility

Is LATO B's price volatile compared to industry and market?
LATO B volatility
LATO B Average Weekly Movement5.3%
Industrials Industry Average Movement7.7%
Market Average Movement7.6%
10% most volatile stocks in SE Market12.8%
10% least volatile stocks in SE Market4.9%

Stable Share Price: LATO B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LATO B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19847,935Johan Hjertonssonhttps://www.latour.se/en/

Investment AB Latour (publ) is an investment firm. The firm prefer to invest in companies for long term with Development, manufacture and marketing of proprietary products under their own brands. It prefer to invest in companies with 10 percent average annual growth over a business cycle, 10 percent operating margin over a business cycle, and 15 - 20 percent return on operating capital over a business cycle.

Investment AB Latour Fundamentals Summary

How do Investment AB Latour's earnings and revenue compare to its market cap?
LATO B fundamental statistics
Market Capkr147.62b
Earnings (TTM)kr4.30b
Revenue (TTM)kr19.60b

34.4x

P/E Ratio

7.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LATO B income statement (TTM)
Revenuekr19.60b
Cost of Revenuekr12.16b
Gross Profitkr7.44b
Other Expenseskr3.14b
Earningskr4.30b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 23, 2022

Earnings per share (EPS)6.72
Gross Margin37.96%
Net Profit Margin21.92%
Debt/Equity Ratio29.1%

How did LATO B perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Investment AB Latour undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


34.36x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: LATO B (SEK230.9) is trading above our estimate of fair value (SEK75.5)

Significantly Below Fair Value: LATO B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: LATO B is poor value based on its PE Ratio (34.4x) compared to the Swedish Industrials industry average (33.6x).

PE vs Market: LATO B is poor value based on its PE Ratio (34.4x) compared to the Swedish market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LATO B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LATO B is overvalued based on its PB Ratio (4.4x) compared to the SE Industrials industry average (3.8x).


Future Growth

How is Investment AB Latour forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.2%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Investment AB Latour has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Investment AB Latour performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LATO B has high quality earnings.

Growing Profit Margin: LATO B's current net profit margins (21.9%) are lower than last year (42.6%).


Past Earnings Growth Analysis

Earnings Trend: LATO B's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: LATO 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: LATO B had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Industrials industry average (46.5%).


Return on Equity

High ROE: LATO B's Return on Equity (12.9%) is considered low.


Financial Health

How is Investment AB Latour's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LATO B's short term assets (SEK10.1B) exceed its short term liabilities (SEK5.7B).

Long Term Liabilities: LATO B's short term assets (SEK10.1B) do not cover its long term liabilities (SEK10.4B).


Debt to Equity History and Analysis

Debt Level: LATO B's net debt to equity ratio (26.5%) is considered satisfactory.

Reducing Debt: LATO B's debt to equity ratio has increased from 12.9% to 29.1% over the past 5 years.

Debt Coverage: LATO B's debt is not well covered by operating cash flow (14.5%).

Interest Coverage: LATO B's interest payments on its debt are well covered by EBIT (20x coverage).


Balance Sheet


Dividend

What is Investment AB Latour current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.43%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LATO B's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.46%).

High Dividend: LATO B's dividend (1.43%) is low compared to the top 25% of dividend payers in the Swedish market (4.88%).


Stability and Growth of Payments

Stable Dividend: LATO B's dividend payments have been volatile in the past 10 years.

Growing Dividend: LATO B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.1%), LATO B's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (179.1%), LATO B's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.0yrs

Average management tenure


CEO

Johan Hjertonsson (53 yo)

2.67yrs

Tenure

Mr. Johan Hjertonsson, MBA, serves as Chairperson at Tomra Systems ASA since April 28, 2022. He serves as Director of ASSA ABLOY AB (publ) since April 28, 2021. He serves as Independent Chairman of the Boa...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Johan's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Insufficient data to compare Johan's compensation with company performance.


Leadership Team

Experienced Management: LATO B's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: LATO B's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LATO 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Investment AB Latour (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Investment AB Latour (publ)
  • Ticker: LATO B
  • Exchange: OM
  • Founded: 1984
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Implied Market Cap: kr147.620b
  • Shares outstanding: 639.32m
  • Website: https://www.latour.se/en/

Number of Employees


Location

  • Investment AB Latour (publ)
  • J A Wettergrens gata 7
  • PO Box 336
  • Gothenburg
  • Västra Götaland County
  • 401 25
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.