Malmbergs Elektriska AB (publ) supplies electric materials for contractors, industries, and retailers in Sweden and internationally. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Malmbergs Elektriska's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MEAB B has not had significant price volatility in the past 3 months.
7 Day Return
SE Trade Distributors
1 Year Return
SE Trade Distributors
Return vs Industry: MEAB B underperformed the Swedish Trade Distributors industry which returned 52.7% over the past year.
Return vs Market: MEAB B matched the Swedish Market which returned 17% over the past year.
Price Volatility Vs. Market
How volatile is Malmbergs Elektriska's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Trends At Malmbergs Elektriska (STO:MEAB B) That You Should Know About
4 weeks ago | Simply Wall StWe Think Malmbergs Elektriska's (STO:MEAB B) Statutory Profit Might Understate Its Earnings Potential
1 month ago | Simply Wall StReflecting on Malmbergs Elektriska's (STO:MEAB B) Share Price Returns Over The Last Five Years
Is Malmbergs Elektriska undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MEAB B (SEK62) is trading below our estimate of fair value (SEK237.12)
Significantly Below Fair Value: MEAB B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MEAB B is good value based on its PE Ratio (15.9x) compared to the SE Trade Distributors industry average (19.8x).
PE vs Market: MEAB B is good value based on its PE Ratio (15.9x) compared to the Swedish market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MEAB B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MEAB B is good value based on its PB Ratio (1.6x) compared to the SE Trade Distributors industry average (2.4x).
How is Malmbergs Elektriska forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Malmbergs Elektriska 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.
- Examine whether Malmbergs Elektriska is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Malmbergs Elektriska competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Malmbergs Elektriska performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MEAB B has a large one-off loss of SEK27.9M impacting its June 30 2020 financial results.
Growing Profit Margin: MEAB B's current net profit margins (5.1%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: MEAB B's earnings have declined by 20.2% per year over the past 5 years.
Accelerating Growth: MEAB B's earnings growth over the past year (9.2%) exceeds its 5-year average (-20.2% per year).
Earnings vs Industry: MEAB B earnings growth over the past year (9.2%) exceeded the Trade Distributors industry 6.9%.
Return on Equity
High ROE: MEAB B's Return on Equity (10.1%) is considered low.
How is Malmbergs Elektriska's financial position?
Financial Position Analysis
Short Term Liabilities: MEAB B's short term assets (SEK345.8M) exceed its short term liabilities (SEK115.6M).
Long Term Liabilities: MEAB B's short term assets (SEK345.8M) exceed its long term liabilities (SEK103.3M).
Debt to Equity History and Analysis
Debt Level: MEAB B's debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: MEAB B's debt to equity ratio has reduced from 28.6% to 3% over the past 5 years.
Debt Coverage: MEAB B's debt is well covered by operating cash flow (941.2%).
Interest Coverage: MEAB B's interest payments on its debt are well covered by EBIT (14.9x coverage).
What is Malmbergs Elektriska current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MEAB 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 MEAB 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 MEAB B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MEAB B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MEAB 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 MEAB B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jan Folke (43 yo)
Mr. Johan Folke, also known as Jan, serves as Deputy Chief Executive Officer of Malmb ergs Elektriska AB (publ). Mr. Johan serves as President and Chief Executive Officer at Malmbergs Elektriska AB (publ). ...
CEO Compensation Analysis
Compensation vs Market: Jan's total compensation ($USD258.84K) is about average for companies of similar size in the Swedish market ($USD228.29K).
Compensation vs Earnings: Jan's compensation has been consistent with company performance over the past year.
|President||no data||kr2.28m||no data|
|Chief Financial Officer||0.67yr||no data||no data|
|Human Resource Manager||0.67yr||no data||0.025% |
|Chief Executive Officer of Denmark||no data||no data||no data|
|Country Manager Norway||no data||no data||no data|
|Chief Executive Officer of Finland||1.67yrs||no data||no data|
|Chief Executive Officer of Denmark and Managing Director of Denmark||no data||no data||no data|
Experienced Management: MEAB B's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
|President||no data||kr2.28m||no data|
|Chairman of the Board of Directors||no data||kr215.00k||no data|
Experienced Board: MEAB B's board of directors are considered experienced (8.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Malmbergs Elektriska AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Malmbergs Elektriska AB (publ)
- Ticker: MEAB B
- Exchange: OM
- Founded: 1916
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: kr496.000m
- Shares outstanding: 8.00m
- Website: https://www.malmbergs.com
Number of Employees
- Malmbergs Elektriska AB (publ)
- West Bangatan 54
- Box 144
- Örebro County
- 692 23
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MEAB B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Mar 1999|
|0JCX||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Mar 1999|
|MEABBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Mar 1999|
Malmbergs Elektriska AB (publ) supplies electric materials for contractors, industries, and retailers in Sweden and internationally. Its luminaries products include accessories and spare parts, downlights/ ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 04:14|
|End of Day Share Price||2020/09/17 00:00|
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.