| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
LATO B Stock Overview
Investment AB Latour (publ) is an investment firm.
Investment AB Latour Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr230.90 |
| 52 Week High | kr373.40 |
| 52 Week Low | kr214.10 |
| Beta | 0.73 |
| 1 Month Change | -16.61% |
| 3 Month Change | -9.52% |
| 1 Year Change | -15.14% |
| 3 Year Change | 74.79% |
| 5 Year Change | 128.84% |
| Change since IPO | 11,741.15% |
Recent News & Updates
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...
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 B | SE Industrials | SE 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
| LATO B volatility | |
|---|---|
| LATO B Average Weekly Movement | 5.3% |
| Industrials Industry Average Movement | 7.7% |
| Market Average Movement | 7.6% |
| 10% most volatile stocks in SE Market | 12.8% |
| 10% least volatile stocks in SE Market | 4.9% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 7,935 | Johan Hjertonsson | https://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
| LATO B fundamental statistics | |
|---|---|
| Market Cap | kr147.62b |
| Earnings (TTM) | kr4.30b |
| Revenue (TTM) | kr19.60b |
34.4x
P/E Ratio7.5x
P/S RatioIs LATO B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LATO B income statement (TTM) | |
|---|---|
| Revenue | kr19.60b |
| Cost of Revenue | kr12.16b |
| Gross Profit | kr7.44b |
| Other Expenses | kr3.14b |
| Earnings | kr4.30b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 23, 2022
| Earnings per share (EPS) | 6.72 |
| Gross Margin | 37.96% |
| Net Profit Margin | 21.92% |
| Debt/Equity Ratio | 29.1% |
How did LATO B perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield49%
Payout RatioValuation
Is Investment AB Latour undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation 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
0/6Future 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
2/6Past 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
3/6Financial 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
2/6Dividend 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/23 00:00 |
| End of Day Share Price | 2022/05/23 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.