SKF B Overview
AB SKF (publ) provides bearings, seals, condition monitoring, and lubrication systems and services.
AB SKF Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr199.85|
|52 Week High||kr181.25|
|52 Week Low||kr259.00|
|1 Month Change||-5.60%|
|3 Month Change||-12.54%|
|1 Year Change||3.20%|
|3 Year Change||39.41%|
|5 Year Change||31.65%|
|Change since IPO||741.47%|
Recent News & Updates
Are Investors Undervaluing AB SKF (publ) (STO:SKF B) By 23%?
How far off is AB SKF (publ) ( STO:SKF B ) from its intrinsic value? Using the most recent financial data, we'll take a...
Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Returns On Capital At AB SKF (STO:SKF B) Have Hit The Brakes
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
|SKF B||SE Machinery||SE Market|
Return vs Industry: SKF B underperformed the Swedish Machinery industry which returned 33.6% over the past year.
Return vs Market: SKF B underperformed the Swedish Market which returned 34.1% over the past year.
|SKF B volatility|
|SKF B Beta||1.26|
Stable Share Price: SKF B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SKF B's weekly volatility (3%) has been stable over the past year.
About the Company
AB SKF (publ) provides bearings, seals, condition monitoring, and lubrication systems and services. It operates in two segments, Industrial and Automotive. The company offers products in various categories, such as rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial seals, automotive seals, lubrication management, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, and vehicle aftermarket products.
AB SKF Fundamentals Summary
|SKF B fundamental statistics|
Is SKF B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SKF B income statement (TTM)|
|Cost of Revenue||kr58.94b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 26, 2021
|Earnings per share (EPS)||14.45|
|Net Profit Margin||8.35%|
How did SKF B perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is AB SKF 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: SKF B (SEK216.9) is trading below our estimate of fair value (SEK279.94)
Significantly Below Fair Value: SKF B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SKF B is good value based on its PE Ratio (15x) compared to the Swedish Machinery industry average (27x).
PE vs Market: SKF B is good value based on its PE Ratio (15x) compared to the Swedish market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: SKF B is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: SKF B is good value based on its PB Ratio (2.6x) compared to the SE Machinery industry average (3.6x).
How is AB SKF forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKF B's forecast earnings growth (7.7% per year) is above the savings rate (0.3%).
Earnings vs Market: SKF B's earnings (7.7% per year) are forecast to grow faster than the Swedish market (5.5% per year).
High Growth Earnings: SKF B's earnings are forecast to grow, but not significantly.
Revenue vs Market: SKF B's revenue (3.5% per year) is forecast to grow slower than the Swedish market (4.8% per year).
High Growth Revenue: SKF B's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKF B's Return on Equity is forecast to be low in 3 years time (18.3%).
How has AB SKF performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKF B has high quality earnings.
Growing Profit Margin: SKF B's current net profit margins (8.4%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: SKF B's earnings have grown by 4.9% per year over the past 5 years.
Accelerating Growth: SKF B's earnings growth over the past year (67.8%) exceeds its 5-year average (4.9% per year).
Earnings vs Industry: SKF B earnings growth over the past year (67.8%) exceeded the Machinery industry 34.4%.
Return on Equity
High ROE: SKF B's Return on Equity (17.3%) is considered low.
How is AB SKF's financial position?
Financial Position Analysis
Short Term Liabilities: SKF B's short term assets (SEK50.5B) exceed its short term liabilities (SEK21.7B).
Long Term Liabilities: SKF B's short term assets (SEK50.5B) exceed its long term liabilities (SEK33.7B).
Debt to Equity History and Analysis
Debt Level: SKF B's debt to equity ratio (41.6%) is considered high.
Reducing Debt: SKF B's debt to equity ratio has reduced from 97.4% to 41.6% over the past 5 years.
Debt Coverage: SKF B's debt is well covered by operating cash flow (44.8%).
Interest Coverage: SKF B's interest payments on its debt are well covered by EBIT (9401x coverage).
What is AB SKF current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SKF B's dividend (3%) is higher than the bottom 25% of dividend payers in the Swedish market (0.91%).
High Dividend: SKF B's dividend (3%) is low compared to the top 25% of dividend payers in the Swedish market (3.55%).
Stability and Growth of Payments
Stable Dividend: SKF B's dividend payments have been volatile in the past 10 years.
Growing Dividend: SKF B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45%), SKF B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SKF B's dividends in 3 years are forecast to be well covered by earnings (46.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gusta Gustafson (57 yo)
Mr. Rickard Gustafson, also known as Gusta, serves as President, Chief Executive Officer of AB SKF (publ) since June 01, 2021 and serves as its Director since 2021. He served as Chief Executive Officer and...
Experienced Management: SKF B's management team is considered experienced (2.3 years average tenure).
Experienced Board: SKF B's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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.
AB SKF (publ)'s employee growth, exchange listings and data sources
- Name: AB SKF (publ)
- Ticker: SKF B
- Exchange: OM
- Founded: 1907
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr91.052b
- Shares outstanding: 455.35m
- Website: https://www.skf.com
Number of Employees
- AB SKF (publ)
- Sven Wingquists Gata 2
- Västra Götaland County
- 415 50
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:11|
|End of Day Share Price||2021/10/26 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.