Skanska AB (publ), a construction and project development company, develops and constructs commercial properties, and residential and public private partnerships projects in the Nordic region, Europe, and the United States.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Skanska's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKA B's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
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 -10.3% over the past year.
Price Volatility Vs. Market
How volatile is Skanska's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StBe Sure To Check Out Skanska AB (publ) (STO:SKA B) Before It Goes Ex-Dividend
2 weeks ago | Simply Wall StIs Skanska AB (publ)'s (STO:SKA B) P/E Ratio Really That Good?
3 weeks ago | Simply Wall StHas Skanska AB (publ) (STO:SKA B) Improved Earnings Growth In Recent Times?
Is Skanska 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: SKA B (SEK146.95) is trading below our estimate of fair value (SEK436.42)
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 (10x) compared to the Construction industry average (13.7x).
PE vs Market: SKA B is good value based on its PE Ratio (10x) compared to the Swedish market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: SKA B is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SKA B is good value based on its PB Ratio (1.8x) compared to the SE Construction industry average (2.8x).
How is Skanska forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKA B's forecast earnings growth (4.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: SKA B's earnings (4.6% per year) are forecast to grow slower than the Swedish market (7.8% per year).
High Growth Earnings: SKA B's earnings are forecast to grow, but not significantly.
Revenue vs Market: SKA B's revenue (0.3% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: SKA B's revenue (0.3% 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 (16.1%).
How has Skanska performed over the past 5 years?
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 (3.5%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: SKA B's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: SKA B's earnings growth over the past year (31.9%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: SKA B earnings growth over the past year (31.9%) exceeded the Construction industry 21.6%.
Return on Equity
High ROE: SKA B's Return on Equity (18.3%) is considered low.
How is Skanska's financial position?
Financial Position Analysis
Short Term Liabilities: SKA B's short term assets (SEK100.9B) exceed its short term liabilities (SEK74.7B).
Long Term Liabilities: SKA B's short term assets (SEK100.9B) exceed its long term liabilities (SEK18.3B).
Debt to Equity History and Analysis
Debt Level: SKA B's debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: SKA B's debt to equity ratio has reduced from 49.8% to 21.6% over the past 5 years.
Debt Coverage: SKA B's debt is well covered by operating cash flow (84.7%).
Interest Coverage: SKA B earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: SKA B has a high level of physical assets or inventory.
Debt Coverage by Assets: SKA B's debt is covered by short term assets (assets are 14.2x debt).
What is Skanska's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKA B's dividend (4.25%) is higher than the bottom 25% of dividend payers in the Swedish market (2.14%).
High Dividend: SKA B's dividend (4.25%) is low compared to the top 25% of dividend payers in the Swedish market (6.55%).
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 (42.6%), 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 well covered by earnings (47.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anders Danielsson (53yo)
Mr. Anders Danielsson has been Chief Executive Officer and President of Skanska, AB since January 1, 2018. Mr. Danielsson has been an Executive Vice President at Skanska Sverige AB since November 8, 2013 a ...
CEO Compensation Analysis
Compensation vs Market: Anders's total compensation ($USD3.23M) is above average for companies of similar size in the Swedish market ($USD1.35M).
Compensation vs Earnings: Anders's compensation has increased by more than 20% in the past year.
|President & CEO||2.17yrs||kr32.35m||0.032% SEK19.5m|
|CFO & Executive VP||2yrs||no data||0.0043% SEK2.6m|
|Senior Vice President of Investor Relations||4yrs||no data||no data|
|Senior Vice President of Internal Audit & Compliance||6.25yrs||no data||no data|
|Executive VP & General Counsel||3.17yrs||no data||0.0017% SEK1.0m|
|Senior Vice President of Communications||2.17yrs||no data||no data|
|Executive Vice President of Human Resources||2.17yrs||no data||0.0060% SEK3.6m|
|Executive Vice President||13.58yrs||no data||0.049% SEK29.4m|
|President of Boklok Housing||no data||no data||no data|
|Chief Financial Officer for Skanska Infrastructure Development||6.33yrs||no data||no data|
Experienced Management: SKA B's management team is considered experienced (3.2 years average tenure).
|Independent Director||1yr||kr1.08m||no data|
|Independent Director||8.92yrs||kr910.00k||0.55% SEK331.4m|
|Independent Director||4.92yrs||kr1.18m||0.00024% SEK145.1k|
|Independent Chairman of the Board||3.92yrs||kr2.59m||0.0061% SEK3.7m|
|Independent Director||10.17yrs||kr1.14m||0.0019% SEK1.2m|
|Employee Representative Director||13.17yrs||no data||no data|
|Independent Director||4.92yrs||kr1.02m||no data|
|Independent Director||2.92yrs||kr910.00k||no data|
|Director||1.92yrs||no data||no data|
|Employee Representative Director||1.92yrs||no data||0.00038% SEK229.8k|
Experienced Board: SKA B's board of directors are considered experienced (4.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Skanska AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Skanska AB (publ)
- Ticker: SKA B
- Exchange: OM
- Founded: 1887
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: kr60.471b
- Shares outstanding: 411.51m
- Website: https://www.skanska.com
Number of Employees
- Skanska AB (publ)
- Warfvinges väg 25
- Stockholm County
- 112 74
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SKSB.F||OTCPK (Pink Sheets LLC)||Yes||Series B Shares||US||USD||Jan 1992|
|SKA B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Jan 1992|
|0HBT||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Jan 1992|
|SKNB||DB (Deutsche Boerse AG)||Yes||Series B Shares||DE||EUR||Jan 1992|
|SKABS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Jan 1992|
|SKAB||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Series B Shares||CZ||CZK||Jan 1992|
|SKBS.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Oct 2008|
Skanska AB (publ), a construction and project development company, develops and constructs commercial properties, and residential and public private partnerships projects in the Nordic region, Europe, and the United States. It operates through Construction, Residential Development, Commercial Property Development, and Infrastructure Development segments. The Construction segment builds and renovates buildings, industrial facilities, infrastructures, and residential projects; and executes service-related assignments, such as construction services, facility operations, and maintenance services. The Residential Development segment develops residential projects, including single and multi-family housing. The Commercial Property Development segment initiates, invests in, develops, leases, and divests commercial property projects. The Infrastructure Development segment identifies, develops, and invests in privately financed infrastructure projects, such as highways, hospitals, and airports. Skanska AB (publ) was founded in 1887 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 20:59|
|End of Day Share Price||2020/03/30 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.