Saab AB (publ) provides products, services, and solutions for the military, defense, and civil security markets worldwide.
Undervalued with solid track record and pays a dividend.
Share Price & News
How has Saab's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAAB B has not had significant price volatility in the past 3 months.
7 Day Return
SE Aerospace & Defense
1 Year Return
SE Aerospace & Defense
Return vs Industry: SAAB B underperformed the Swedish Aerospace & Defense industry which returned 1.1% over the past year.
Return vs Market: SAAB B underperformed the Swedish Market which returned 21.6% over the past year.
Price Volatility Vs. Market
How volatile is Saab's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Rely On Saab's (STO:SAAB B) Earnings Growth?
3 weeks ago | Simply Wall StCan You Imagine How Saab's (STO:SAAB B) Shareholders Feel About The 62% Share Price Increase?
1 month ago | Simply Wall StThese 4 Measures Indicate That Saab (STO:SAAB B) Is Using Debt Reasonably Well
Is Saab 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: SAAB B (SEK297.5) is trading below our estimate of fair value (SEK1354.42)
Significantly Below Fair Value: SAAB B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAAB B is good value based on its PE Ratio (20x) compared to the Aerospace & Defense industry average (35.8x).
PE vs Market: SAAB B is good value based on its PE Ratio (20x) compared to the Swedish market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: SAAB B is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: SAAB B is good value based on its PB Ratio (1.9x) compared to the SE Aerospace & Defense industry average (2.6x).
How is Saab forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAAB B's forecast earnings growth (14.4% per year) is above the savings rate (-0.4%).
Earnings vs Market: SAAB B's earnings (14.4% per year) are forecast to grow faster than the Swedish market (8.5% per year).
High Growth Earnings: SAAB B's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAAB B's revenue (5.5% per year) is forecast to grow faster than the Swedish market (4.6% per year).
High Growth Revenue: SAAB B's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAAB B's Return on Equity is forecast to be low in 3 years time (12%).
How has Saab performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAAB B has high quality earnings.
Growing Profit Margin: SAAB B's current net profit margins (5.6%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: SAAB B's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: SAAB B's earnings growth over the past year (51%) exceeds its 5-year average (8.9% per year).
Earnings vs Industry: SAAB B earnings growth over the past year (51%) exceeded the Aerospace & Defense industry 12.6%.
Return on Equity
High ROE: SAAB B's Return on Equity (9.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Saab's financial position?
Financial Position Analysis
Short Term Liabilities: SAAB B's short term assets (SEK38.5B) exceed its short term liabilities (SEK22.8B).
Long Term Liabilities: SAAB B's short term assets (SEK38.5B) exceed its long term liabilities (SEK16.2B).
Debt to Equity History and Analysis
Debt Level: SAAB B's debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: SAAB B's debt to equity ratio has increased from 20.9% to 38.1% over the past 5 years.
Debt Coverage: SAAB B's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: SAAB B's interest payments on its debt are well covered by EBIT (15.7x coverage).
Inventory Level: SAAB B has a high level of physical assets or inventory.
Debt Coverage by Assets: SAAB B's debt is covered by short term assets (assets are 4.9x debt).
What is Saab's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SAAB B's dividend (1.58%) is higher than the bottom 25% of dividend payers in the Swedish market (1.58%).
High Dividend: SAAB B's dividend (1.58%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).
Stability and Growth of Payments
Stable Dividend: SAAB B's dividends per share have been stable in the past 10 years.
Growing Dividend: SAAB B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.6%), SAAB B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAAB B's dividends in 3 years are forecast to be well covered by earnings (32.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Micael Johansson (59yo)
Mr. Micael Johansson, B.Sc., has been the Chief Executive Officer and President at SAAB AB (publ.) since October 23, 2019 and served as its Deputy Chief Executive Officer and Senior Executive Vice Presiden ...
|CEO & President||0.3yrs||no data||0.0095% SEK3.8m|
|Executive VP & CFO||7.3yrs||no data||0.014% SEK5.5m|
|Head of Investor Relations||0.3yrs||no data||no data|
|Senior VP||8yrs||no data||0.0077% SEK3.0m|
|Senior VP & Head of Group Communication||3.1yrs||no data||0.00067% SEK265.0k|
|Senior VP & Chief Marketing Officer (CMO)||1.1yrs||no data||no data|
|Senior VP & Head of Group Human Resources||7.8yrs||no data||0.0090% SEK3.6m|
|Senior VP & Head of Business Area Kockums||0yrs||no data||no data|
|Senior VP & Head of Business Area Aeronautics||7.1yrs||no data||0.0033% SEK1.3m|
|Head of Country Unit Switzerland & Southern Europe and VP||8.4yrs||no data||no data|
Experienced Management: SAAB B's management team is seasoned and experienced (7.1 years average tenure).
|Chairman of the Board||13.8yrs||kr1.79m||0.094% SEK37.2m|
|Independent Director||3.8yrs||kr680.00k||0.0080% SEK3.2m|
|Independent Director||10.1yrs||kr817.50k||0.0075% SEK3.0m|
|Independent Director||10.1yrs||kr592.50k||0.0014% SEK557.6k|
|Deputy Chairman||10.1yrs||kr812.50k||0.0052% SEK2.0m|
|Employee representative Director||4.1yrs||no data||0.00092% SEK363.8k|
|Employee representative Director||12.1yrs||no data||0.0026% SEK1.0m|
|Employee representative Director||3.1yrs||no data||0.0018% SEK723.7k|
|Independent Director||6.8yrs||kr592.50k||0.0019% SEK743.5k|
|Independent Director||2.8yrs||kr592.50k||0.0015% SEK593.2k|
Experienced Board: SAAB B's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAAB B insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.4%.
Saab AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Saab AB (publ)
- Ticker: SAAB B
- Exchange: OM
- Founded: 1937
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: kr39.546b
- Shares outstanding: 132.93m
- Website: https://www.saabgroup.com
Number of Employees
- Saab AB (publ)
- Olof Palmes gata 17
- 5th floor
- Stockholm County
- 111 22
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SAAB B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Jun 1998|
|SAAB.F||OTCPK (Pink Sheets LLC)||Yes||Series B Shares||US||USD||Jun 1998|
|SDV||DB (Deutsche Boerse AG)||Yes||Series B Shares||DE||EUR||Jun 1998|
|0GWL||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Jun 1998|
|SAABBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Jun 1998|
|SAAB.Y||OTCPK (Pink Sheets LLC)||UNSPONSRED ADS||US||USD||Mar 2019|
Saab AB (publ) provides products, services, and solutions for the military, defense, and civil security markets worldwide. The company develops military and civil aviation technology, as well as conducts studies on manned and unmanned aircraft systems. It also provides ground combat weapons, missile systems, torpedoes, unmanned underwater vehicles, training and simulation systems, and signature management systems for armed forces; and niche products for the civil and defense market, such as underwater vehicles for the offshore industry. In addition, the company offers solutions for safety and security, surveillance and decision support, and threat detection and protection, which include airborne, ground-based and naval radar, electronic warfare, and combat systems, as well as C4I solutions. Further, it provides product integration, support, technical maintenance, and logistics services, as well as products, solutions, and services for military and civil missions. Additionally, the company offers technology for traffic management and public safety; and supports industry, defense, and public sectors with services comprising cyber security, digitalization, and R&D. It also provides design, construction, and in-service support services for naval systems, such as surface combatants and submarines to the Swedish armed forces and other customers; and air-independent Stirling systems, mine countermeasure systems, and submarine rescue systems. Saab AB (publ) was founded in 1937 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 20:56|
|End of Day Share Price||2020/02/19 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.