Munters Group AB (publ) provides energy efficient air treatment and climate solutions for commercial and industrial applications in Sweden, the United States, Germany, China, and internationally.
Acceptable track record with moderate growth potential.
Share Price & News
How has Munters Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MTRS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MTRS underperformed the Swedish Building industry which returned 25.5% over the past year.
Return vs Market: MTRS underperformed the Swedish Market which returned 15.2% over the past year.
Price Volatility Vs. Market
How volatile is Munters Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StThe Munters Group (STO:MTRS) Share Price Is Up 25% And Shareholders Are Holding On
3 weeks ago | Simply Wall StWhen Should You Buy Munters Group AB (publ) (STO:MTRS)?
1 month ago | Simply Wall StMunters Group (STO:MTRS) Takes On Some Risk With Its Use Of Debt
Is Munters 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: MTRS (SEK46) is trading below our estimate of fair value (SEK54.11)
Significantly Below Fair Value: MTRS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MTRS is poor value based on its PE Ratio (29.7x) compared to the Building industry average (20x).
PE vs Market: MTRS is poor value based on its PE Ratio (29.7x) compared to the Swedish market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: MTRS is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: MTRS is good value based on its PB Ratio (2.3x) compared to the SE Building industry average (2.7x).
How is Munters Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTRS's forecast earnings growth (20.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: MTRS's earnings (20.2% per year) are forecast to grow faster than the Swedish market (8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MTRS's revenue (3.8% per year) is forecast to grow slower than the Swedish market (4.6% per year).
High Growth Revenue: MTRS's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTRS's Return on Equity is forecast to be low in 3 years time (14%).
How has Munters Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTRS has high quality earnings.
Growing Profit Margin: MTRS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MTRS has become profitable over the past 5 years, growing earnings by 40% per year.
Accelerating Growth: MTRS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MTRS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (30.1%).
Return on Equity
High ROE: MTRS's Return on Equity (7.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Munters Group's financial position?
Financial Position Analysis
Short Term Liabilities: MTRS's short term assets (SEK3.0B) exceed its short term liabilities (SEK2.2B).
Long Term Liabilities: MTRS's short term assets (SEK3.0B) do not cover its long term liabilities (SEK4.2B).
Debt to Equity History and Analysis
Debt Level: MTRS's debt to equity ratio (84.9%) is considered high.
Reducing Debt: MTRS's debt to equity ratio has reduced from 869.1% to 84.9% over the past 5 years.
Debt Coverage: MTRS's debt is well covered by operating cash flow (21.7%).
Interest Coverage: MTRS's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Inventory Level: MTRS has a low level of unsold assets or inventory.
Debt Coverage by Assets: MTRS's debt is not covered by short term assets (assets are 1x debt).
What is Munters Group's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MTRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MTRS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MTRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MTRS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MTRS is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MTRS'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
Klas Forsström (52yo)
Mr. Klas Forsström is President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsström served as the President of Sandvik Machining Solutions AB since April 1, 2017 unt ...
|President & CEO||0.5yrs||no data||no data|
|Group VP & CFO||0.5yrs||no data||no data|
|Group Vice President of Global Operations||1.9yrs||no data||0.0055% SEK468.4k|
|Head of Investor Relations||0.5yrs||no data||no data|
|Group Vice President of Human Resources||1.4yrs||no data||no data|
|President of Business Area AirTech||0.3yrs||no data||0.11% SEK9.0m|
|Interim President of FoodTech||0.3yrs||no data||no data|
Experienced Management: MTRS's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
|Independent Chairman of the Board||1.2yrs||kr63.00k||no data|
|Independent Director||3.1yrs||kr475.00k||0.00028% SEK23.8k|
|Independent Director||3yrs||kr538.00k||0.0022% SEK187.4k|
|Independent Director||1.1yrs||no data||no data|
|Employee Representative Director||16.1yrs||no data||no data|
|Independent Director||7.1yrs||kr400.00k||0.046% SEK3.9m|
|Deputy Employee Representative Director||3.1yrs||no data||0.00019% SEK16.2k|
Experienced Board: MTRS's board of directors are considered experienced (3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Munters Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Munters Group AB (publ)
- Ticker: MTRS
- Exchange: OM
- Founded: 1955
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr8.517b
- Shares outstanding: 181.75m
- Website: https://www.munters.com
Number of Employees
- Munters Group AB (publ)
- Box 1188
- Stockholm County
- 164 26
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1MS||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||May 2017|
|0RPO||LSE (London Stock Exchange)||Yes||New Common Shares||GB||SEK||May 2017|
|MTRS||OM (OMX Nordic Exchange Stockholm)||Yes||New Common Shares||SE||SEK||May 2017|
|MTRSBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||New Common Shares||GB||SEK||May 2017|
|MTRSS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||New Common Shares||GB||SEK||May 2017|
|MMNN.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||May 2017|
Munters Group AB (publ) provides energy efficient air treatment and climate solutions for commercial and industrial applications in Sweden, the United States, Germany, China, and internationally. The company operates through four segments: Air Treatment, Data Centers, AgHort, and Mist Elimination. It offers air intakes/air inlets, temperature and humidity control products, coolers and humidifiers, dehumidifiers, fans and light traps, heaters, heat exchangers, mist eliminators, mass transfer equipment, and pollution control and VOC abatement products. The company also provides installation support, startup and commissioning, training, maintenance, and rotor performance check and replacement services, as well as upgrades and spare parts, and rental solutions. It serves agriculture, automotive, chemical processing, commercial and public building, construction, data center and telecom cooling, defense and aerospace, education, electronics, food and beverage, general and production, greenhouse, healthcare, pharmaceutical, power generation and distribution, recreation and leisure, retail and supermarket, shipbuilding and marine, steel, temporary structure, and water and waste water; oil, gas, and petroleum; pulp, paper, and printing; and storage, preservation, and archives industries. Munters Group AB (publ) was founded in 1955 and is headquartered in Kista, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 23:11|
|End of Day Share Price||2020/02/25 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.