company background image
SKA

SkanskaOM:SKA B Stock Report

Last Price

kr223.20

Market Cap

kr92.0b

7D

-4.5%

1Y

1.7%

Updated

25 Jan, 2022

Data

Company Financials +
SKA B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends4/6

SKA B Stock Overview

Skanska AB (publ) operates as a construction and project development company in the Nordic region, Europe, and the United States.

Skanska Competitors

Sweco

OM:SWEC B

kr45.2b

Peab

OM:PEAB B

kr29.8b

NCC

OM:NCC B

kr16.3b

Serneke Group

OM:SRNKE B

kr1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Skanska
Historical stock prices
Current Share Pricekr223.20
52 Week Highkr259.40
52 Week Lowkr200.50
Beta1.21
1 Month Change-2.91%
3 Month Change0%
1 Year Change1.69%
3 Year Change37.40%
5 Year Change4.30%
Change since IPO537.71%

Recent News & Updates

Jan 13
A Look At The Intrinsic Value Of Skanska AB (publ) (STO:SKA B)

A Look At The Intrinsic Value Of Skanska AB (publ) (STO:SKA B)

In this article we are going to estimate the intrinsic value of Skanska AB (publ) ( STO:SKA B ) by estimating the...

Jan 02
Should You Be Adding Skanska (STO:SKA B) To Your Watchlist Today?

Should You Be Adding Skanska (STO:SKA B) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Dec 21
These 4 Measures Indicate That Skanska (STO:SKA B) Is Using Debt Reasonably Well

These 4 Measures Indicate That Skanska (STO:SKA B) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

SKA BSE ConstructionSE Market
7D-4.5%-5.6%-4.8%
1Y1.7%5.0%11.2%

Return vs Industry: SKA B underperformed the Swedish Construction industry which returned 4.9% over the past year.

Return vs Market: SKA B underperformed the Swedish Market which returned 11.9% over the past year.

Price Volatility

Is SKA B's price volatile compared to industry and market?
SKA B volatility
SKA B Average Weekly Movement3.1%
Construction Industry Average Movement4.9%
Market Average Movement6.8%
10% most volatile stocks in SE Market11.9%
10% least volatile stocks in SE Market4.0%

Stable Share Price: SKA B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SKA B's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188729,584Anders Danielssonhttps://www.skanska.com

Skanska AB (publ) operates as a construction and project development company in the Nordic region, Europe, and the United States. It operates through three segments: Construction, Residential Development, and Commercial Property Development. The Construction segment builds and renovates buildings, industrial facilities, infrastructure projects, and home projects; and executes service-related assignments in areas, such as facility operations and maintenance services.

Skanska Fundamentals Summary

How do Skanska's earnings and revenue compare to its market cap?
SKA B fundamental statistics
Market Capkr92.03b
Earnings (TTM)kr9.59b
Revenue (TTM)kr145.38b

9.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SKA B income statement (TTM)
Revenuekr145.38b
Cost of Revenuekr129.48b
Gross Profitkr15.90b
Expenseskr6.31b
Earningskr9.59b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)23.25
Gross Margin10.94%
Net Profit Margin6.59%
Debt/Equity Ratio20.5%

How did SKA B perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Skanska undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SKA B (SEK223.2) is trading below our estimate of fair value (SEK576.43)

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


Price To Earnings Ratio

PE vs Industry: SKA B is good value based on its PE Ratio (9.6x) compared to the Swedish Construction industry average (24.2x).

PE vs Market: SKA B is good value based on its PE Ratio (9.6x) compared to the Swedish market (21.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SKA B is good value based on its PB Ratio (2.2x) compared to the SE Construction industry average (3.7x).


Future Growth

How is Skanska forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-7.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKA B's earnings are forecast to decline over the next 3 years (-7% per year).

Earnings vs Market: SKA B's earnings are forecast to decline over the next 3 years (-7% per year).

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

Revenue vs Market: SKA B's revenue (3.8% per year) is forecast to grow faster than the Swedish market (1.5% per year).

High Growth Revenue: SKA B'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: SKA B's Return on Equity is forecast to be low in 3 years time (14.2%).


Past Performance

How has Skanska performed over the past 5 years?

15.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKA B has high quality earnings.

Growing Profit Margin: SKA B's current net profit margins (6.6%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: SKA B's earnings have grown by 15.4% per year over the past 5 years.

Accelerating Growth: SKA B's earnings growth over the past year (34.3%) exceeds its 5-year average (15.4% per year).

Earnings vs Industry: SKA B earnings growth over the past year (34.3%) exceeded the Construction industry 13.1%.


Return on Equity

High ROE: SKA B's Return on Equity (22.8%) is considered high.


Financial Health

How is Skanska's financial position?


Financial Position Analysis

Short Term Liabilities: SKA B's short term assets (SEK110.7B) exceed its short term liabilities (SEK73.5B).

Long Term Liabilities: SKA B's short term assets (SEK110.7B) exceed its long term liabilities (SEK16.8B).


Debt to Equity History and Analysis

Debt Level: SKA B has more cash than its total debt.

Reducing Debt: SKA B's debt to equity ratio has reduced from 47.7% to 20.5% over the past 5 years.

Debt Coverage: SKA B's debt is well covered by operating cash flow (97.1%).

Interest Coverage: SKA B's interest payments on its debt are well covered by EBIT (69.2x coverage).


Balance Sheet


Dividend

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

2.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SKA B's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Swedish market (1.08%).

High Dividend: SKA B's dividend (2.91%) is low compared to the top 25% of dividend payers in the Swedish market (3.52%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28%), SKA B's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SKA B's dividends in 3 years are forecast to be covered by earnings (55.1% payout ratio).


Next Steps

Management

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

7.0yrs

Average management tenure


CEO

Anders Danielsson (55 yo)

4yrs

Tenure

kr34,400,000

Compensation

Mr. Anders Danielsson has been Chief Executive Officer and President of Skanska AB (publ) since January 1, 2018. Mr. Danielsson has been an Executive Vice President at Skanska Sverige AB since November 8,...


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD3.70M) is above average for companies of similar size in the Swedish market ($USD2.26M).

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


Leadership Team

Experienced Management: SKA B's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: SKA B's board of directors are considered experienced (4.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SKA 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

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


Key Information

  • Name: Skanska AB (publ)
  • Ticker: SKA B
  • Exchange: OM
  • Founded: 1887
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: kr92.027b
  • Shares outstanding: 412.31m
  • Website: https://www.skanska.com

Number of Employees


Location

  • Skanska AB (publ)
  • Warfvinges väg 25
  • Stockholm
  • Stockholm County
  • 112 74
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/25 21:34
End of Day Share Price2022/01/25 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.