AB SKF (publ) provides bearings, seals, condition monitoring, and lubrication systems. More Details
Excellent balance sheet and good value.
Share Price & News
How has AB SKF's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKF B has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SKF B underperformed the Swedish Machinery industry which returned 20.9% over the past year.
Return vs Market: SKF B underperformed the Swedish Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is AB SKF's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhat Kind Of Shareholders Own AB SKF (publ) (STO:SKF B)?
2 weeks ago | Simply Wall StIs AB SKF (publ)'s (STO:SKF B) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
3 weeks ago | Simply Wall StWill AB SKF (STO:SKF B) Multiply In Value Going Forward?
Is AB SKF undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SKF B (SEK191.4) is trading above our estimate of fair value (SEK165.99)
Significantly Below Fair Value: SKF B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SKF B is good value based on its PE Ratio (22.2x) compared to the SE Machinery industry average (23.8x).
PE vs Market: SKF B is good value based on its PE Ratio (22.2x) compared to the Swedish market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: SKF B is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: SKF B is good value based on its PB Ratio (2.5x) compared to the SE Machinery industry average (3.2x).
How is AB SKF forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKF B's forecast earnings growth (30% per year) is above the savings rate (0.5%).
Earnings vs Market: SKF B's earnings (30% per year) are forecast to grow faster than the Swedish market (13.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SKF B's revenue (4% per year) is forecast to grow faster than the Swedish market (3% per year).
High Growth Revenue: SKF B's revenue (4% 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 (16.1%).
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 (5%) are lower than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: SKF B's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: SKF B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SKF B had negative earnings growth (-42.9%) over the past year, making it difficult to compare to the Machinery industry average (-24.6%).
Return on Equity
High ROE: SKF B's Return on Equity (11.1%) is considered low.
How is AB SKF's financial position?
Financial Position Analysis
Short Term Liabilities: SKF B's short term assets (SEK48.4B) exceed its short term liabilities (SEK23.8B).
Long Term Liabilities: SKF B's short term assets (SEK48.4B) exceed its long term liabilities (SEK34.1B).
Debt to Equity History and Analysis
Debt Level: SKF B's debt to equity ratio (50.1%) is considered high.
Reducing Debt: SKF B's debt to equity ratio has reduced from 90.7% to 50.1% over the past 5 years.
Debt Coverage: SKF B's debt is well covered by operating cash flow (41.7%).
Interest Coverage: SKF B's interest payments on its debt are well covered by EBIT (14.2x 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 (1.57%) is higher than the bottom 25% of dividend payers in the Swedish market (1.12%).
High Dividend: SKF B's dividend (1.57%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.9%), 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 covered by earnings (53.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alrik Danielson (58 yo)
Mr. Alrik Danielson, B.Sc. (Econ.) has been the Chief Executive Officer and President of SKF AB (now AB SKF (publ)) since January 1, 2015. He served as an Interim CFO of SKF AB from April 30, 2019 to June ...
CEO Compensation Analysis
Compensation vs Market: Alrik's total compensation ($USD3.29M) is above average for companies of similar size in the Swedish market ($USD2.20M).
Compensation vs Earnings: Alrik's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior VP & CFO||1.33yrs||no data||no data|
|Director of Group Controlling & Accounting||no data||no data||no data|
|CTO and President of Innovation & Business Development||no data||no data||0.0041% |
|Director of Group Investor Relations & Competitive Intelligence and Head of Investor Relations||no data||no data||no data|
|Senior VP of Group Legal & General Counsel||0.083yr||no data||no data|
|Senior Vice President of Human Resources||0.083yr||no data||no data|
|President of Bearing Operations||no data||no data||0.0039% |
|Head of Media Relations||no data||no data||no data|
|0.33yr||no data||0.0039% |
|President of Industrial Sales Asia||4.67yrs||no data||0.0039% |
|President of Industrial Sales Europe||4.67yrs||no data||0.0042% |
Experienced Management: SKF B's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||3.58yrs||kr732.00k||no data|
|Employee Representative Deputy Director||no data||no data||0.000020% |
|Independent Director||6.58yrs||kr732.00k||no data|
|Independent Director||1.58yrs||kr732.00k||0.00033% |
|Director||0.58yr||no data||no data|
|Independent Director||2.58yrs||kr732.00k||no data|
|Director||0.58yr||no data||no data|
|Employee Representative Deputy Director||no data||no data||no data|
|Independent Chairman||2.58yrs||kr2.45m||0.0033% |
Experienced Board: SKF B's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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 company bio, 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: kr87.465b
- Shares outstanding: 455.35m
- Website: https://www.skf.com
Number of Employees
- AB SKF (publ)
- Hornsgatan 1
- Västra Götaland County
- 415 50
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SKFR.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Oct 1985|
|SKUF.F||OTCPK (Pink Sheets LLC)||Yes||Class B Shares||US||USD||Jan 1992|
|0NWX||LSE (London Stock Exchange)||Yes||Class B Shares||GB||SEK||Jan 1992|
|SKF A||OM (OMX Nordic Exchange Stockholm)||Class A Shares||SE||SEK||Jan 1992|
|SKF B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Shares||SE||SEK||Jan 1992|
|SKFA||DB (Deutsche Boerse AG)||Class A Shares||DE||EUR||Jan 1992|
|SKFB||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Jan 1992|
|0NWW||LSE (London Stock Exchange)||Class A Shares||GB||SEK||Jan 1992|
|SKFBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Shares||GB||SEK||Jan 1992|
|SKFAS||BATS-CHIXE (BATS 'Chi-X Europe')||Class A Shares||GB||SEK||Jan 1992|
AB SKF (publ) provides bearings, seals, condition monitoring, and lubrication systems. The company operates in two segments, Industrial and Automotive. It offers products in various categories, such as rol ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 22:06|
|End of Day Share Price||2020/10/19 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.