OM:OEM B

Stock Analysis Report

Executive Summary

OEM International AB (publ), together with its subsidiaries, trades in industrial components and systems.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Risks

  • OEM International is not covered by any analysts.

Similar Companies

Share Price & News

How has OEM International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.2%

OM:OEM B

-0.06%

SE Trade Distributors

-0.03%

SE Market


1 Year Return

13.9%

OM:OEM B

11.3%

SE Trade Distributors

-2.3%

SE Market

OEM B outperformed the Trade Distributors industry which returned 10.1% over the past year.

OEM B outperformed the Market in Sweden which returned -1.9% over the past year.


Share holder returns

OEM BIndustryMarket
7 Day2.2%-0.06%-0.03%
30 Day7.2%-0.8%-3.7%
90 Day11.8%0.3%-1.4%
1 Year17.5%13.9%13.6%11.3%1.8%-2.3%
3 Year75.1%60.1%85.5%69.5%24.6%6.2%
5 Year211.3%164.1%197.2%137.4%45.0%14.2%

Price Volatility Vs. Market

How volatile is OEM International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

20.57x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

OEM International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

OEM International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

OEM International is overvalued based on earnings compared to the SE Trade Distributors industry average.

OEM International is overvalued based on earnings compared to the Sweden market.


Price Based on Expected Growth

Unable to calculate PEG ratio for OEM International, we can't assess if its growth is good value.


Price Based on Value of Assets

OEM International is overvalued based on assets compared to the SE Trade Distributors industry average.


Next Steps

Future Growth

How is OEM International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-3.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if OEM International is high growth as no revenue estimate data is available.

OEM International's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare OEM International's revenue growth to the Sweden market average as no estimate data is available.

OEM International's earnings are expected to decrease over the next 1-3 years, this is below the Sweden market average.

OEM International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if OEM International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has OEM International performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

OEM International's year on year earnings growth rate has been positive over the past 5 years.

OEM International's 1-year earnings growth is less than its 5-year average (12.5% vs 14.1%)

OEM International's earnings growth has not exceeded the SE Trade Distributors industry average in the past year (12.5% vs 12.5%).


Return on Equity

OEM International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

OEM International used its assets more efficiently than the SE Trade Distributors industry average last year based on Return on Assets.


Return on Capital Employed

OEM International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is OEM International's financial position?


Financial Position Analysis

OEM International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

OEM International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

OEM International's level of debt (25.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (53.9% vs 25.9% today).

Debt is well covered by operating cash flow (103.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 154.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.9x debt.


Next Steps

Dividend

What is OEM International's current dividend yield, its reliability and sustainability?

2.85%

Current Dividend Yield


Dividend Yield and Payments Analysis

OEM International's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.93%).

OEM International's dividend is below the markets top 25% of dividend payers in Sweden (4.5%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

12.0yrs

Average management tenure


CEO

Jörgen Zahlin (55yo)

17.6yrs

Tenure

kr6,700,000

Compensation

Mr. Jörgen Zahlin has been the Chief Executive Officer of OEM International AB since January 1, 2002 and as its Managing Director since March 1, 2000. Mr. Zahlin has been a Director of BE Group AB (publ) s ...


CEO Compensation Analysis

Jörgen's remuneration is higher than average for companies of similar size in Sweden.

Jörgen's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

12.0yrs

Average Tenure

56yo

Average Age

The average tenure for the OEM International management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.3yrs

Average Tenure

57yo

Average Age

The average tenure for the OEM International board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jörgen Zahlin (55yo)

    MD & CEO

    • Tenure: 17.6yrs
    • Compensation: kr6.70m
  • Jan Hultman (74yo)

    Deputy MD & Business Development Manager - Group Electronics

    • Tenure: 17.6yrs
  • Jan Cnattingius (64yo)

    Finance Director & CFO

    • Tenure: 0.0yrs
  • Urban Malm (57yo)

    Managing Director of OEM Electonics AB

    • Tenure: 0.0yrs
  • Jens Kjellsson (51yo)

    Managing Director of OEM Automatic AB

    • Tenure: 6.3yrs
  • Patrick Nyström (61yo)

    Head of Region Finland

    • Tenure: 0.0yrs
  • Patrik Jägenstedt

    Head of Development for Automatic Lawnmowers At Husqvarna

    • Tenure: 0.0yrs
  • Fredrik Simonsson (48yo)

    Managing Director of Elektro Elco AB

    • Tenure: 0.0yrs
  • Björn Pettersson (50yo)

    Head of Marketing & Business Development

    • Tenure: 2.6yrs

Board Members

  • Petter Stillström (47yo)

    Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: kr500.00k
  • Åsa Winberg (62yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: kr200.00k
  • Agne Svenberg (78yo)

    Director

    • Tenure: 5.6yrs
  • Ulf Barkman (62yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: kr300.00k
  • Jörgen Rosengren (52yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: kr200.00k
  • Richard Pantzar

    Director

    • Tenure: 0.6yrs
  • Mattias Franzén (51yo)

    Director

    • Tenure: 0.6yrs

Company Information

OEM International AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: OEM International AB (publ)
  • Ticker: OEM B
  • Exchange: OM
  • Founded:
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: kr5.476b
  • Shares outstanding: 23.11m
  • Website: https://www.oem.se

Number of Employees


Location

  • OEM International AB (publ)
  • Förrådsvägen 2
  • Box 1009
  • Tranås
  • Jönköping County
  • 573 28
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OEM BOM (OMX Nordic Exchange Stockholm)SER'B'NPV (POST SPLIT)SESEKInvalid date
OEM BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKJun 1994
OEMBsBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKJun 1994
OEADB (Deutsche Boerse AG)YesClass B SharesDEEURJun 1994

Biography

OEM International AB (publ), together with its subsidiaries, trades in industrial components and systems. The company offers a range of industrial automation components in the areas of electrical component ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 21:02
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.