Momentum Group AB (publ) supplies industrial consumables and components; and relates services to professional end users in the industrial and construction sectors in the Nordic region and internationally. More Details
Excellent balance sheet and good value.
Share Price & News
How has Momentum Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMGR 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: MMGR B underperformed the Swedish Trade Distributors industry which returned 52.7% over the past year.
Return vs Market: MMGR B exceeded the Swedish Market which returned 17% over the past year.
Price Volatility Vs. Market
How volatile is Momentum Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StMomentum Group's (STO:MMGR B) Earnings Are Growing But Is There More To The Story?
2 weeks ago | Simply Wall StIs Momentum Group (STO:MMGR B) A Risky Investment?
4 weeks ago | Simply Wall StHere's What To Make Of Momentum Group's (STO:MMGR B) Returns On Capital
Is Momentum Group 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: MMGR B (SEK142) is trading below our estimate of fair value (SEK170.25)
Significantly Below Fair Value: MMGR B is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MMGR B is good value based on its PE Ratio (18.5x) compared to the SE Trade Distributors industry average (19.8x).
PE vs Market: MMGR B is good value based on its PE Ratio (18.5x) compared to the Swedish market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: MMGR B is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: MMGR B's PB Ratio (2.4x) is in line with the SE Trade Distributors industry average.
How is Momentum Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMGR B's forecast earnings growth (27% per year) is above the savings rate (0.5%).
Earnings vs Market: MMGR B's earnings (27% per year) are forecast to grow faster than the Swedish market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MMGR B's revenue (12% per year) is forecast to grow faster than the Swedish market (3.8% per year).
High Growth Revenue: MMGR B's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMGR B's Return on Equity is forecast to be low in 3 years time (15.6%).
How has Momentum Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMGR B has high quality earnings.
Growing Profit Margin: MMGR B's current net profit margins (3.7%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: MMGR B's earnings have grown significantly by 30% per year over the past 5 years.
Accelerating Growth: MMGR B's earnings growth over the past year (13.3%) is below its 5-year average (30% per year).
Earnings vs Industry: MMGR B earnings growth over the past year (13.3%) exceeded the Trade Distributors industry 6.9%.
Return on Equity
High ROE: MMGR B's Return on Equity (8.8%) is considered low.
How is Momentum Group's financial position?
Financial Position Analysis
Short Term Liabilities: MMGR B's short term assets (SEK3.3B) exceed its short term liabilities (SEK2.0B).
Long Term Liabilities: MMGR B's short term assets (SEK3.3B) exceed its long term liabilities (SEK2.6B).
Debt to Equity History and Analysis
Debt Level: MMGR B's debt to equity ratio (57.2%) is considered high.
Reducing Debt: MMGR B's debt to equity ratio has reduced from 74.8% to 57.2% over the past 5 years.
Debt Coverage: MMGR B's debt is well covered by operating cash flow (47.9%).
Interest Coverage: MMGR B's interest payments on its debt are well covered by EBIT (14.7x coverage).
What is Momentum Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MMGR 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 MMGR 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 MMGR B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MMGR B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MMGR 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 MMGR 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 board tenure
Ulf Lilius (48 yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Ulf's total compensation ($USD766.97K) is about average for companies of similar size in the Swedish market ($USD782.50K).
Compensation vs Earnings: Ulf's compensation has been consistent with company performance over the past year.
|Independent Director||4.67yrs||kr340.00k||0.0031% |
|Independent Director||1.08yrs||kr280.00k||0.060% |
|Independent Chairman of the Board||1.08yrs||kr660.00k||0.054% |
|Independent Director||4.67yrs||kr330.00k||0.0030% |
|Director||0.083yr||no data||no data|
|Director||0.083yr||no data||no data|
|Employee Representative Director||0.67yr||no data||no data|
Experienced Board: MMGR B's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 81.5%.
Momentum Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Momentum Group AB (publ)
- Ticker: MMGR B
- Exchange: OM
- Founded: 2016
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: kr7.158b
- Shares outstanding: 50.41m
- Website: https://www.momentum.group
Number of Employees
- Momentum Group AB (publ)
- Stockholm County
- 102 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MMGR B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Shares||SE||SEK||Jun 2017|
|0RTK||LSE (London Stock Exchange)||Yes||Class B Shares||GB||SEK||Jun 2017|
|MMGRBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Shares||GB||SEK||Jun 2017|
Momentum Group AB (publ) supplies industrial consumables and components; and relates services to professional end users in the industrial and construction sectors in the Nordic region and internationally. ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 04:37|
|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.