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Momentum Group

OM:MMGR B
Snowflake Description

Undervalued with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MMGR B
OM
SEK3B
Market Cap
  1. Home
  2. SE
  3. Capital Goods
Company description

Momentum Group AB (publ) resells industrial consumables and components; and provides services and maintenance to professional end users in Sweden, Norway, Finland, and internationally. The last earnings update was 70 days ago. More info.


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MMGR B Share Price and Events
7 Day Returns
1%
OM:MMGR B
4.9%
SE Trade Distributors
1.1%
SE Market
1 Year Returns
-2.1%
OM:MMGR B
25.2%
SE Trade Distributors
5.1%
SE Market
MMGR B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Momentum Group (MMGR B) 1% 2.4% 15.2% -2.1% - -
SE Trade Distributors 4.9% 8.2% 21.9% 25.2% 84% 140%
SE Market 1.1% 2.6% 9.9% 5.1% 13.9% 25%
1 Year Return vs Industry and Market
  • MMGR B underperformed the Trade Distributors industry which returned 25.2% over the past year.
  • MMGR B underperformed the Market in Sweden which returned 5.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Momentum Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Momentum Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Momentum Group.

OM:MMGR B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year SE Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OM:MMGR B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.945 (1 + (1- 22%) (10.98%))
1.017
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (1.017 * 5.96%)
6.5%

Discounted Cash Flow Calculation for OM:MMGR B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Momentum Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OM:MMGR B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.5%)
2019 122.00 Analyst x1 114.56
2020 244.00 Analyst x1 215.14
2021 271.00 Analyst x1 224.37
2022 291.26 Est @ 7.47% 226.43
2023 306.88 Est @ 5.36% 224.01
2024 318.80 Est @ 3.88% 218.52
2025 327.88 Est @ 2.85% 211.03
2026 334.85 Est @ 2.12% 202.37
2027 340.26 Est @ 1.62% 193.10
2028 344.56 Est @ 1.26% 183.61
Present value of next 10 years cash flows SEK2,013.13
OM:MMGR B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK344.56 × (1 + 0.43%) ÷ (6.5% – 0.43%)
SEK5,707.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK5,707.94 ÷ (1 + 6.5%)10
SEK3,041.62
OM:MMGR B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK2,013.13 + SEK3,041.62
SEK5,054.75
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK5,054.75 / 27.77
SEK182.05
OM:MMGR B Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK182.05
Current discount Discount to share price of SEK99.10
= -1 x (SEK99.10 - SEK182.05) / SEK182.05
45.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Momentum Group is available for.
Intrinsic value
46%
Share price is SEK99.1 vs Future cash flow value of SEK182.05
Current Discount Checks
For Momentum Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Momentum Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Momentum Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Momentum Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Momentum Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:MMGR B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK7.65
OM:MMGR B Share Price ** OM (2019-04-18) in SEK SEK99.1
Sweden Trade Distributors Industry PE Ratio Median Figure of 13 Publicly-Listed Trade Distributors Companies 14.93x
Sweden Market PE Ratio Median Figure of 323 Publicly-Listed Companies 16.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Momentum Group.

OM:MMGR B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:MMGR B Share Price ÷ EPS (both in SEK)

= 99.1 ÷ 7.65

12.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Momentum Group is good value based on earnings compared to the SE Trade Distributors industry average.
  • Momentum Group is good value based on earnings compared to the Sweden market.
Price based on expected Growth
Does Momentum Group's expected growth come at a high price?
Raw Data
OM:MMGR B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
10.8%per year
Sweden Trade Distributors Industry PEG Ratio Median Figure of 9 Publicly-Listed Trade Distributors Companies 1.83x
Sweden Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

OM:MMGR B PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.95x ÷ 10.8%

1.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Momentum Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Momentum Group's assets?
Raw Data
OM:MMGR B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK43.90
OM:MMGR B Share Price * OM (2019-04-18) in SEK SEK99.1
Sweden Trade Distributors Industry PB Ratio Median Figure of 13 Publicly-Listed Trade Distributors Companies 2.6x
Sweden Market PB Ratio Median Figure of 566 Publicly-Listed Companies 2.51x
OM:MMGR B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:MMGR B Share Price ÷ Book Value per Share (both in SEK)

= 99.1 ÷ 43.90

2.26x

* Primary Listing of Momentum Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Momentum Group is good value based on assets compared to the SE Trade Distributors industry average.
X
Value checks
We assess Momentum Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Momentum Group has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Momentum Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Momentum Group expected to grow at an attractive rate?
  • Momentum Group's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Momentum Group's earnings growth is expected to exceed the Sweden market average.
  • Momentum Group's revenue growth is positive but not above the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:MMGR B Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:MMGR B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 10.8%
OM:MMGR B Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.3%
Sweden Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 9%
Sweden Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.3%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:MMGR B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:MMGR B Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 6,370 319 273 1
2020-03-31 6,221 287 251 1
2019-03-31 6,003 212 224 1
OM:MMGR B Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 5,901 154 214
2018-09-30 5,835 129 208
2018-06-30 5,759 124 203
2018-03-31 5,616 92 181
2017-12-31 5,584 87 79
2017-09-30 5,517 83 45
2017-06-30 5,434 136 33
2017-03-31 5,416 177 42
2016-03-31 5,176 427 139

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Momentum Group's earnings are expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).
  • Momentum Group's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:MMGR B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Momentum Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:MMGR B Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 9.76 9.76 9.76 1.00
2020-03-31 8.95 8.95 8.95 1.00
2019-03-31 8.00 8.00 8.00 1.00
OM:MMGR B Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 7.65
2018-09-30 7.41
2018-06-30 7.21
2018-03-31 6.42
2017-12-31 2.79
2017-09-30 1.59
2017-06-30 1.17
2017-03-31 1.49
2016-03-31 4.92

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Momentum Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Momentum Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Momentum Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Momentum Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Momentum Group's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Momentum Group's year on year earnings growth rate has been positive over the past 5 years.
  • Momentum Group's 1-year earnings growth exceeds its 5-year average (170.9% vs 17.8%)
  • Momentum Group's earnings growth has exceeded the SE Trade Distributors industry average in the past year (170.9% vs 22.8%).
Earnings and Revenue History
Momentum Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Momentum Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:MMGR B Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5,901.00 214.00 1,382.00
2018-09-30 5,835.00 208.00 1,376.00
2018-06-30 5,759.00 203.00 1,354.00
2018-03-31 5,616.00 181.00 1,339.00
2017-12-31 5,584.00 79.00 1,318.00
2017-09-30 5,517.00 45.00 1,299.00
2017-06-30 5,434.00 33.00 1,279.00
2017-03-31 5,416.00 42.00 1,251.00
2016-03-31 5,176.00 139.00 1,178.00
2015-03-31 5,351.00 140.00 1,185.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Momentum Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Momentum Group used its assets more efficiently than the SE Trade Distributors industry average last year based on Return on Assets.
  • Momentum Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Momentum Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Momentum Group has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Momentum Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Momentum Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Momentum Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Momentum Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Momentum Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Momentum Group Company Filings, last reported 3 months ago.

OM:MMGR B Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,233.00 302.00 5.00
2018-09-30 1,213.00 425.00 6.00
2018-06-30 1,238.00 330.00 6.00
2018-03-31 1,170.00 305.00 10.00
2017-12-31 1,104.00 261.00 5.00
2017-09-30 1,068.00 363.00 15.00
2017-06-30 1,033.00 296.00 15.00
2017-03-31 1,007.00 332.00 69.00
2016-03-31 939.00 642.00 525.00
2015-03-31 980.00 754.00 372.00
  • Momentum Group's level of debt (24.5%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Momentum Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (51%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 70.3x coverage).
X
Financial health checks
We assess Momentum Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Momentum Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Momentum Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.62%
Current annual income from Momentum Group dividends. Estimated to be 4.69% next year.
If you bought SEK2,000 of Momentum Group shares you are expected to receive SEK52 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Momentum Group's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.86%).
  • Momentum Group's dividend is below the markets top 25% of dividend payers in Sweden (4.37%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:MMGR B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Sweden Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.1%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 245 Stocks 3.5%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.9%
Sweden Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OM:MMGR B Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 4.90 1.00
2020-03-31 4.40 1.00
2019-03-31 3.50 1.00
OM:MMGR B Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2018-07-18 2.600 2.693

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Momentum Group has stable dividend payments.
  • Momentum Group only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Momentum Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Momentum Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Momentum Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Momentum Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Momentum Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ulf Lilius
COMPENSATION SEK7,343,490
AGE 46
TENURE AS CEO 1.8 years
CEO Bio

Mr. Ulf Lilius, B.Sc. Econ., has been the President & Chief Executive Officer at Momentum Group AB since 2016. Mr. Lilius served as the Chief Executive Officer and President of B&B Tools AB from November 1, 2012 to June 14, 2017. He served as the President of Tools Momentum at B&B Tools AB from 2010 to November 1, 2012. He served as Marketing and Sales Director and Executive Vice President of TOOLS Momentum from 2002 to 2010, as well as Sales Manager of SKF Multitec from 1996 to 2002. He served as the Chief Executive Officer of Momentum Industrial. He served as the Chief Executive Officer, Chairman and Director of a number of subsidiaries in the B&B TOOLS Group. He serves as the Chairman and Director of a number of companies in Momentum Group. He serves as a Director of Lilius System Aktiebolag and B.C.C.-Gruppen Aktiebolag. Mr. Lilius holds a Bachelor of Science in economics with a specialisation in marketing and management from the University of Tampa in Florida, USA.

CEO Compensation
  • Insufficient data for Ulf to compare compensation growth.
  • Ulf's remuneration is higher than average for companies of similar size in Sweden.
Management Team

Ulf Lilius

TITLE
President & CEO
COMPENSATION
SEK7M
AGE
46
TENURE
1.8 yrs

Niklas Enmark

TITLE
Executive VP & CFO
COMPENSATION
SEK4M
AGE
46
TENURE
2.3 yrs

Mats Karlqvist

TITLE
Head of Investor Relations
Board of Directors Tenure

Average tenure and age of the Momentum Group board of directors in years:

3.3
Average Tenure
52
Average Age
  • The tenure for the Momentum Group board of directors is about average.
Board of Directors

Jörgen Wigh

TITLE
Chairman
COMPENSATION
SEK570K
AGE
53
TENURE
3.3 yrs

Gunilla Spongh

TITLE
Independent Director
COMPENSATION
SEK310K
AGE
52
TENURE
3.3 yrs

Fredrik Börjesson

TITLE
Independent Director
COMPENSATION
SEK310K
AGE
40
TENURE
3.3 yrs

Charlotte Hansson

TITLE
Independent Director
COMPENSATION
SEK260K
AGE
56
TENURE
3.3 yrs

Stefan Hedelius

TITLE
Independent Director
COMPENSATION
SEK260K
AGE
49
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
28. Nov 18 Buy Ulf Lilius Individual 27. Nov 18 27. Nov 18 22,793 SEK80.96 SEK1,842,333
28. Nov 18 Buy Niklas Enmark Individual 27. Nov 18 27. Nov 18 2,000 SEK80.80 SEK161,600
26. Oct 18 Buy Niklas Enmark Individual 25. Oct 18 25. Oct 18 2,500 SEK87.60 SEK219,000
X
Management checks
We assess Momentum Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Momentum Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Momentum Group AB (publ) (STO:MMGR B) Have A Place In Your Portfolio?

Momentum Group AB (publ) (STO:MMGR B) has begun paying dividends recently. … Let's take a look at Momentum Group in more detail. … See our latest analysis for Momentum Group

Simply Wall St -

What Percentage Of Momentum Group AB (publ) (STO:MMGR B) Shares Do Insiders Own?

The big shareholder groups in Momentum Group AB (publ) (STO:MMGR B) have power over the company. … With a market capitalization of kr2.6b, Momentum Group is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Momentum Group

Simply Wall St -

Imagine Owning Momentum Group And Wondering If The 19% Share Price Slide Is Justified

While not a mind-blowing move, it is good to see that the Momentum Group AB (publ) (STO:MMGR B) share price has gained 15% in the last three months. … But in truth the last year hasn't been good for the share price. … During the unfortunate twelve months during which the Momentum Group share price fell, it actually saw its earnings per share (EPS) improve by 174%.

Simply Wall St -

Company Info

Description

Momentum Group AB (publ) resells industrial consumables and components; and provides services and maintenance to professional end users in Sweden, Norway, Finland, and internationally. The company operates through Tools & Consumables and Components & Services segments. It offers hand tools, machinery, personal protective equipment, and fastening elements; and spare parts for customers’ production equipment, including bearings, seals, transmission, automation, and workplace equipment. The company also provides functional workwear, protective footwear, profile clothing, and promotional products. In addition, it offers related services, such as inventory optimization, maintenance planning, repair, training, layout, advisory, set-up, consulting, permit control and monitoring, and standby services, as well as logistics solutions. The company sells its products through a network of approximately 110 sales outlets in Sweden, Norway, and Finland, as well as online. It serves customers in the industrial, construction and civil engineering, public, and service sectors; warehouses and engineering businesses; and process and manufacturing companies, including paper and pulp, sawmill, automotive, food, and mining companies. Momentum Group AB (publ) was founded in 2016 and is headquartered in Stockholm, Sweden.

Details
Name: Momentum Group AB (publ)
MMGR B
Exchange: OM
Founded: 2016
SEK2,751,552,725
27,765,416
Website: http://www.momentum.group
Address: Momentum Group AB (publ)
Linnégatan 18,
Stockholm,
Stockholm County, 102 40,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM MMGR B Class B Shares OMX Nordic Exchange Stockholm SE SEK 21. Jun 2017
LSE 0RTK Class B Shares London Stock Exchange GB SEK 21. Jun 2017
BATS-CHIXE MMGRBS Class B Shares BATS 'Chi-X Europe' GB SEK 21. Jun 2017
Number of employees
Current staff
Staff numbers
1,668
Momentum Group employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 22:13
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/28
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.