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PEAB

Peab OM:PEAB B Stock Report

Last Price

kr61.55

Market Cap

kr18.2b

7D

-6.5%

1Y

-43.4%

Updated

05 Jul, 2022

Data

Company Financials +
PEAB B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends4/6

PEAB B Stock Overview

Peab AB (publ) operates as a construction and civil engineering company in Sweden, Norway, and Finland.

Peab Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Peab
Historical stock prices
Current Share Pricekr61.55
52 Week Highkr115.40
52 Week Lowkr58.80
Beta0.84
1 Month Change-16.49%
3 Month Change-34.49%
1 Year Change-43.43%
3 Year Change-26.81%
5 Year Change-40.18%
Change since IPO669.38%

Recent News & Updates

Jun 02
Is Peab AB (publ) (STO:PEAB B) Potentially Undervalued?

Is Peab AB (publ) (STO:PEAB B) Potentially Undervalued?

While Peab AB (publ) ( STO:PEAB B ) might not be the most widely known stock at the moment, it saw significant share...

Shareholder Returns

PEAB BSE ConstructionSE Market
7D-6.5%-2.0%-2.9%
1Y-43.4%-31.6%-25.5%

Return vs Industry: PEAB B underperformed the Swedish Construction industry which returned -30.6% over the past year.

Return vs Market: PEAB B underperformed the Swedish Market which returned -24.9% over the past year.

Price Volatility

Is PEAB B's price volatile compared to industry and market?
PEAB B volatility
PEAB B Average Weekly Movement6.4%
Construction Industry Average Movement6.4%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: PEAB B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PEAB B's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195915,077Jesper Göranssonhttps://www.peab.com

Peab AB (publ) operates as a construction and civil engineering company in Sweden, Norway, and Finland. It operates through Construction, Civil Engineering, Industry, and Project Development segments. The Construction segment constructs homes, and public and commercial properties; and provides renovation, rebuilding, extension, and construction services.

Peab Fundamentals Summary

How do Peab's earnings and revenue compare to its market cap?
PEAB B fundamental statistics
Market Capkr18.15b
Earnings (TTM)kr2.45b
Revenue (TTM)kr59.94b

7.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PEAB B income statement (TTM)
Revenuekr59.94b
Cost of Revenuekr53.86b
Gross Profitkr6.08b
Other Expenseskr3.63b
Earningskr2.45b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 15, 2022

Earnings per share (EPS)8.30
Gross Margin10.14%
Net Profit Margin4.08%
Debt/Equity Ratio98.6%

How did PEAB B perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

60%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is PEAB B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PEAB B?

Other financial metrics that can be useful for relative valuation.

PEAB B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA6.9x
PEG Ratio-9.1x

Price to Earnings Ratio vs Peers

How does PEAB B's PE Ratio compare to its peers?

PEAB B PE Ratio vs Peers
The above table shows the PE ratio for PEAB B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.1x
OX2 OX2
51.7x43.5%kr20.5b
NCC B NCC
7.4x8.4%kr11.3b
SWEC B Sweco
25x10.0%kr39.2b
INSTAL Instalco
20.5x19.9%kr11.0b
PEAB B Peab
7.4x-0.8%kr18.2b

Price-To-Earnings vs Peers: PEAB B is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (26.1x).


Price to Earnings Ratio vs Industry

How does PEAB B's PE Ratio compare vs other companies in the European Construction Industry?

Price-To-Earnings vs Industry: PEAB B is good value based on its Price-To-Earnings Ratio (7.4x) compared to the Swedish Construction industry average (20.4x)


Price to Earnings Ratio vs Fair Ratio

What is PEAB B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PEAB B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: PEAB B is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).


Share Price vs Fair Value

What is the Fair Price of PEAB B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PEAB B (SEK61.55) is trading below our estimate of fair value (SEK336.91)

Significantly Below Fair Value: PEAB B is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: PEAB B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is Peab forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEAB B's earnings are forecast to decline over the next 3 years (-0.8% per year).

Earnings vs Market: PEAB B's earnings are forecast to decline over the next 3 years (-0.8% per year).

High Growth Earnings: PEAB B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PEAB B's revenue (0.8% per year) is forecast to grow slower than the Swedish market (5.4% per year).

High Growth Revenue: PEAB B's revenue (0.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PEAB B's Return on Equity is forecast to be low in 3 years time (16.1%).


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Past Performance

How has Peab performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PEAB B has high quality earnings.

Growing Profit Margin: PEAB B's current net profit margins (4.1%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: PEAB B's earnings have grown by 7.7% per year over the past 5 years.

Accelerating Growth: PEAB B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PEAB B had negative earnings growth (-18.8%) over the past year, making it difficult to compare to the Construction industry average (16.5%).


Return on Equity

High ROE: PEAB B's Return on Equity (17.7%) is considered low.


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Financial Health

How is Peab's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PEAB B's short term assets (SEK31.9B) exceed its short term liabilities (SEK26.2B).

Long Term Liabilities: PEAB B's short term assets (SEK31.9B) exceed its long term liabilities (SEK7.3B).


Debt to Equity History and Analysis

Debt Level: PEAB B's net debt to equity ratio (77.1%) is considered high.

Reducing Debt: PEAB B's debt to equity ratio has increased from 35.9% to 98.6% over the past 5 years.

Debt Coverage: PEAB B's debt is not well covered by operating cash flow (16%).

Interest Coverage: PEAB B's interest payments on its debt are well covered by EBIT (58.2x coverage).


Balance Sheet


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Dividend

What is Peab current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


8.12%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PEAB B's dividend (8.12%) is higher than the bottom 25% of dividend payers in the Swedish market (1.63%).

High Dividend: PEAB B's dividend (8.12%) is in the top 25% of dividend payers in the Swedish market (5.44%)


Stability and Growth of Payments

Stable Dividend: PEAB B's dividend payments have been volatile in the past 10 years.

Growing Dividend: PEAB B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.3%), PEAB B's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (133.1%), PEAB B's dividend payments are not well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Jesper Göransson (51 yo)

8.92yrs

Tenure

kr16,125,000

Compensation

Mr. Jesper Göransson serves as the Chief Executive Officer of Peab AB and has been its President since August 2013 and its Member of the Executive Management Advisory Board since July 2009. Mr. Göransson s...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Jesper's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Jesper's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PEAB B's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: PEAB B's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PEAB B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Peab AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Peab AB (publ)
  • Ticker: PEAB B
  • Exchange: OM
  • Founded: 1959
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: kr18.155b
  • Shares outstanding: 294.96m
  • Website: https://www.peab.com

Number of Employees


Location

  • Peab AB (publ)
  • Margretetorpsvagen 84
  • Förslöv
  • Skåne County
  • 269 73
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.