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LIAB

Lindab InternationalOM:LIAB Stock Report

Market Cap

kr18.1b

7D

2.7%

1Y

56.1%

Updated

25 Sep, 2021

Data

Company Financials +
LIAB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

LIAB Overview

Lindab International AB (publ) develops, manufactures, markets, distributes, and sells products and system solutions for construction and improved indoor climate.

Lindab International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lindab International
Historical stock prices
Current Share Pricekr236.40
52 Week Highkr132.70
52 Week Lowkr260.00
Beta1.27
1 Month Change-5.36%
3 Month Change18.79%
1 Year Change56.14%
3 Year Change255.49%
5 Year Change180.59%
Change since IPO109.67%

Recent News & Updates

Shareholder Returns

LIABSE BuildingSE Market
7D2.7%-3.2%-1.9%
1Y56.1%53.7%34.1%

Return vs Industry: LIAB exceeded the Swedish Building industry which returned 53.7% over the past year.

Return vs Market: LIAB exceeded the Swedish Market which returned 34.1% over the past year.

Price Volatility

Is LIAB's price volatile compared to industry and market?
LIAB volatility
LIAB Beta1.27
Industry Beta0.88
Market Beta1

Stable Share Price: LIAB is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19595,187Ola Ringdahlhttps://www.lindabgroup.com

Lindab International AB (publ) develops, manufactures, markets, distributes, and sells products and system solutions for construction and improved indoor climate. The company operates through three segments: Ventilation Systems, Profile Systems, and Building Systems. It offers products and systems for ventilation, cooling, and heating, as well as construction products and building solutions, such as steel rainwater systems; roof and wall cladding; and steel profiles for wall, roof and beam constructions, and buildings.

Lindab International Fundamentals Summary

How do Lindab International's earnings and revenue compare to its market cap?
LIAB fundamental statistics
Market Capkr18.08b
Earnings (TTM)kr802.00m
Revenue (TTM)kr9.61b

22.5x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LIAB income statement (TTM)
Revenuekr9.61b
Cost of Revenuekr6.80b
Gross Profitkr2.82b
Expenseskr2.01b
Earningskr802.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)10.49
Gross Margin29.30%
Net Profit Margin8.34%
Debt/Equity Ratio20.3%

How did LIAB perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

32%

Payout Ratio

Does LIAB pay a reliable dividends?

See LIAB dividend history and benchmarks
When do you need to buy LIAB by to receive an upcoming dividend?
Lindab International dividend dates
Ex Dividend DateNov 04 2021
Dividend Pay DateNov 10 2021
Days until Ex dividend39 days
Days until Dividend pay date45 days

Does LIAB pay a reliable dividends?

See LIAB dividend history and benchmarks

Valuation

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

17.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LIAB (SEK236.4) is trading below our estimate of fair value (SEK284.83)

Significantly Below Fair Value: LIAB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: LIAB is good value based on its PE Ratio (22.5x) compared to the Swedish Building industry average (24.8x).

PE vs Market: LIAB is good value based on its PE Ratio (22.5x) compared to the Swedish market (23.3x).


Price to Earnings Growth Ratio

PEG Ratio: LIAB is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: LIAB is good value based on its PB Ratio (3.3x) compared to the SE Building industry average (4.3x).


Future Growth

How is Lindab International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

12.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIAB's forecast earnings growth (12% per year) is above the savings rate (0.3%).

Earnings vs Market: LIAB's earnings (12% per year) are forecast to grow faster than the Swedish market (6.1% per year).

High Growth Earnings: LIAB's earnings are forecast to grow, but not significantly.

Revenue vs Market: LIAB's revenue (3.6% per year) is forecast to grow slower than the Swedish market (4% per year).

High Growth Revenue: LIAB's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LIAB's Return on Equity is forecast to be low in 3 years time (15.6%).


Past Performance

How has Lindab International performed over the past 5 years?

19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LIAB has high quality earnings.

Growing Profit Margin: LIAB's current net profit margins (8.3%) are higher than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: LIAB's earnings have grown by 19.1% per year over the past 5 years.

Accelerating Growth: LIAB's earnings growth over the past year (41.4%) exceeds its 5-year average (19.1% per year).

Earnings vs Industry: LIAB earnings growth over the past year (41.4%) underperformed the Building industry 49.6%.


Return on Equity

High ROE: LIAB's Return on Equity (14.7%) is considered low.


Financial Health

How is Lindab International's financial position?


Financial Position Analysis

Short Term Liabilities: LIAB's short term assets (SEK4.4B) exceed its short term liabilities (SEK2.9B).

Long Term Liabilities: LIAB's short term assets (SEK4.4B) exceed its long term liabilities (SEK2.1B).


Debt to Equity History and Analysis

Debt Level: LIAB's debt to equity ratio (20.3%) is considered satisfactory.

Reducing Debt: LIAB's debt to equity ratio has reduced from 48.9% to 20.3% over the past 5 years.

Debt Coverage: LIAB's debt is well covered by operating cash flow (99.2%).

Interest Coverage: LIAB's interest payments on its debt are well covered by EBIT (35.3x coverage).


Balance Sheet


Dividend

What is Lindab International current dividend yield, its reliability and sustainability?

1.44%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 26 2021Ex Dividend DateNov 04 2021Dividend Pay DateNov 10 20216 days from Ex DividendBuy in the next 39 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: LIAB's dividend (1.44%) is higher than the bottom 25% of dividend payers in the Swedish market (0.93%).

High Dividend: LIAB's dividend (1.44%) is low compared to the top 25% of dividend payers in the Swedish market (3.55%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.4%), LIAB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LIAB's dividends in 3 years are forecast to be well covered by earnings (37.9% payout ratio).


Next Steps

Management

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

5.3yrs

Average board tenure


CEO

Ola Ringdahl (49 yo)

3.25yrs

Tenure

kr11,288,235

Compensation

Mr. Ola Ringdahl has been the President and Chief Executive Officer of Lindab International AB since June 2018 and also serves as President & Chief Executive Officer at Lindab AB since 2018. He served as C...


CEO Compensation Analysis

Compensation vs Market: Ola's total compensation ($USD1.30M) is above average for companies of similar size in the Swedish market ($USD881.84K).

Compensation vs Earnings: Ola's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: LIAB's board of directors are considered experienced (5.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

Lindab International AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Lindab International AB (publ)
  • Ticker: LIAB
  • Exchange: OM
  • Founded: 1959
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: kr18.077b
  • Shares outstanding: 76.47m
  • Website: https://www.lindabgroup.com

Number of Employees


Location

  • Lindab International AB (publ)
  • JAernvAegsgatan 41
  • Grevie
  • Båstad
  • Skåne County
  • 269 82
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 17:50
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
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.