AB SKF (publ)

OM:SKF B Stock Report

Market Cap: SEK 94.3b

AB SKF Management

Management criteria checks 3/4

AB SKF's CEO is Gusta Gustafson, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is SEK35.09M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth SEK2.00M. The average tenure of the management team and the board of directors is 2.8 years and 4.8 years respectively.

Key information

Gusta Gustafson

Chief executive officer

SEK 35.1m

Total compensation

CEO salary percentage45.0%
CEO tenure3.5yrs
CEO ownership0.002%
Management average tenure2.8yrs
Board average tenure4.8yrs

Recent management updates

We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

Mar 20
We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

Recent updates

Here's What To Make Of AB SKF's (STO:SKF B) Decelerating Rates Of Return

Aug 20
Here's What To Make Of AB SKF's (STO:SKF B) Decelerating Rates Of Return

Not Many Are Piling Into AB SKF (publ) (STO:SKF B) Just Yet

Jul 21
Not Many Are Piling Into AB SKF (publ) (STO:SKF B) Just Yet

At kr212, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

Jul 04
At kr212, Is It Time To Put AB SKF (publ) (STO:SKF B) On Your Watch List?

Here's What Analysts Are Forecasting For AB SKF (publ) (STO:SKF B) After Its First-Quarter Results

May 01
Here's What Analysts Are Forecasting For AB SKF (publ) (STO:SKF B) After Its First-Quarter Results

Is AB SKF (STO:SKF B) Using Too Much Debt?

Apr 27
Is AB SKF (STO:SKF B) Using Too Much Debt?

AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

Mar 21
AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

Mar 20
We think AB SKF (publ)'s (STO:SKF B) CEO May Struggle To See Much Of A Pay Rise This Year

When Should You Buy AB SKF (publ) (STO:SKF B)?

Mar 18
When Should You Buy AB SKF (publ) (STO:SKF B)?

AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

Feb 29
AB SKF's (STO:SKF B) Dividend Will Be Increased To SEK7.50

Lacklustre Performance Is Driving AB SKF (publ)'s (STO:SKF B) Low P/E

Feb 18
Lacklustre Performance Is Driving AB SKF (publ)'s (STO:SKF B) Low P/E

AB SKF (STO:SKF B) Is Increasing Its Dividend To SEK7.50

Feb 05
AB SKF (STO:SKF B) Is Increasing Its Dividend To SEK7.50

An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 33% Undervalued

Jan 31
An Intrinsic Calculation For AB SKF (publ) (STO:SKF B) Suggests It's 33% Undervalued

Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?

Jan 17
Does AB SKF (STO:SKF B) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Gusta Gustafson's remuneration changed compared to AB SKF's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 6b

Jun 30 2024n/an/a

SEK 6b

Mar 31 2024n/an/a

SEK 6b

Dec 31 2023SEK 35mSEK 16m

SEK 6b

Sep 30 2023n/an/a

SEK 7b

Jun 30 2023n/an/a

SEK 6b

Mar 31 2023n/an/a

SEK 5b

Dec 31 2022SEK 31mSEK 15m

SEK 4b

Sep 30 2022n/an/a

SEK 5b

Jun 30 2022n/an/a

SEK 6b

Mar 31 2022n/an/a

SEK 8b

Dec 31 2021SEK 24mSEK 9m

SEK 7b

Compensation vs Market: Gusta's total compensation ($USD3.19M) is above average for companies of similar size in the Swedish market ($USD2.11M).

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

CEO

Gusta Gustafson (60 yo)

3.5yrs

Tenure

SEK 35,088,008

Compensation

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...

Leadership Team

NamePositionTenureCompensationOwnership
Rickard Gustafson
President3.5yrsSEK 35.09m0.0021%
SEK 2.0m
Niclas Rosenlew
Senior VP of Group Finance & CFO5.5yrsSEK 5.81m0.0026%
SEK 2.4m
Joakim Landholm
Chief Sustainability Officer & Senior VP of Group Operations2.8yrsno data0.00090%
SEK 849.1k
Annika Olme
CTO & Senior VP of Technology Development2.2yrsno data0.000010%
SEK 9.4k
Sophie Arnius
Head of Investor Relationsless than a yearno datano data
Mathias Lyon
General Counsel and Senior VP of Group Legal & Compliance4.3yrsno data0.00057%
SEK 537.7k
Ann-Sofie Zaks
Senior Vice President of Group People Experience & Communicationno datano data0.0014%
SEK 1.3m
Victoria Van Camp
Advisor2.8yrsno datano data
Thomas Frost
President of Independent & Emerging Business5.9yrsno data0.00094%
SEK 886.8k
Manish Bhatnagar
President of Industrial Region Americas & MD of SKF India Limitedless than a yearno data0.00046%
SEK 434.0k
David Johansson
President of Industrial Region Europe Middle East & Africano datano data0.00047%
SEK 443.4k
Meet Wang
Head of EHS and net-zero - China & North East Asia2.2yrsno datano data

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: SKF B's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rickard Gustafson
President3.9yrsSEK 35.09m0.0021%
SEK 2.0m
Hans Straberg
Independent Chairman6.8yrsSEK 3.00m0.016%
SEK 15.1m
Richard Nilsson
Director1.8yrsSEK 1.07m0.0026%
SEK 2.5m
Hock Goh
Independent Director10.8yrsSEK 985.00kno data
Geert Follens
Independent Director5.8yrsSEK 1.20m0.00033%
SEK 311.3k
Hakan Buskhe
Vice Chair4.8yrsSEK 1.91m0.0011%
SEK 1.0m
Jonny Hilbert
Employee Representative Director9.9yrsno datano data
Susanna Schneeberger
Independent Director4.8yrsSEK 985.00k0.00022%
SEK 207.6k
Zarko Djurovic
Employee Representative Director9yrsno datano data
Niko Pakalen
Independent Director1.8yrsSEK 1.12mno data
Therese Friberg
Independent Director1.8yrsSEK 1.07mno data
Beth Ferreira
Independent Director1.8yrsSEK 850.00k0.00055%
SEK 518.9k

4.8yrs

Average Tenure

52.5yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AB SKF (publ) is covered by 55 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olof CederholmABG Sundal Collier
Timothy LeeBarclays
Allan SmylieBarclays