Storskogen Group (OM:STOR B) - Share price, News & Analysis

STOR B fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	3/6
Financial Health	2/6
Dividends	0/6

STOR B Stock Overview

Storskogen Group AB (publ) acquires and operates companies in areas, such as installation, logistics, infrastructure, engineering services, digital services, HR and competence, industrial technology, automation, and products solutions.

Rewards

Trading at 74% below our estimate of its fair value

Earnings are forecast to grow 25.01% per year

Earnings have grown 41.3% per year over the past 5 years

Risk Analysis

Debt is not well covered by operating cash flow

Volatile share price over the past 3 months

Profit margins (4.2%) are lower than last year (6.3%)

Storskogen Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Storskogen Group
Historical stock prices
Current Share Price	kr17.65
52 Week High	kr64.50
52 Week Low	kr16.35
Beta	0
1 Month Change	-22.95%
3 Month Change	-35.98%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-65.06%

Recent News & Updates

May 20

Earnings Miss: Storskogen Group AB (publ) Missed EPS By 37% And Analysts Are Revising Their Forecasts

Investors in Storskogen Group AB (publ) ( STO:STOR B ) had a good week, as its shares rose 4.4% to close at kr18.38...

Shareholder Returns

	STOR B	SE Industrials	SE Market
7D	5.9%	-0.1%	0.05%
1Y	n/a	-9.0%	-12.2%

Return vs Industry: Insufficient data to determine how STOR B performed against the Swedish Industrials industry.

Return vs Market: Insufficient data to determine how STOR B performed against the Swedish Market.

Price Volatility

Is STOR B's price volatile compared to industry and market?
STOR B volatility
STOR B Average Weekly Movement	11.4%
Industrials Industry Average Movement	7.7%
Market Average Movement	7.6%
10% most volatile stocks in SE Market	12.8%
10% least volatile stocks in SE Market	4.9%

Stable Share Price: STOR B is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: STOR B's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

Founded	Employees	CEO	Website
2012	11,061	Daniel Kaplan	https://www.storskogen.com

Storskogen Group Fundamentals Summary

How do Storskogen Group's earnings and revenue compare to its market cap?
STOR B fundamental statistics
Market Cap	kr29.59b
Earnings (TTM)	kr898.00m
Revenue (TTM)	kr21.54b

33.0x

P/E Ratio

1.4x

P/S Ratio

Is STOR B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
STOR B income statement (TTM)
Revenue	kr21.54b
Cost of Revenue	kr17.12b
Gross Profit	kr4.43b
Other Expenses	kr3.53b
Earnings	kr898.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 16, 2022

Earnings per share (EPS)	0.54
Gross Margin	20.55%
Net Profit Margin	4.17%
Debt/Equity Ratio	60.1%

How did STOR B perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

12%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: STOR B (SEK17.65) is trading below our estimate of fair value (SEK67.88)

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

Price To Earnings Ratio

PE vs Industry: STOR B is good value based on its PE Ratio (33x) compared to the Swedish Industrials industry average (33.6x).

PE vs Market: STOR B is poor value based on its PE Ratio (33x) compared to the Swedish market (17.4x).

Price to Earnings Growth Ratio

PEG Ratio: STOR B is poor value based on its PEG Ratio (1.3x)

Price to Book Ratio

PB vs Industry: STOR B is good value based on its PB Ratio (1.8x) compared to the SE Industrials industry average (3.8x).

Future Growth

How is Storskogen Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

25.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: STOR B's forecast earnings growth (25% per year) is above the savings rate (0.3%).

Earnings vs Market: STOR B's earnings (25% per year) are forecast to grow faster than the Swedish market (9.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: STOR B's revenue (15.5% per year) is forecast to grow faster than the Swedish market (5.8% per year).

High Growth Revenue: STOR B's revenue (15.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: STOR B's Return on Equity is forecast to be low in 3 years time (12.4%).

Past Performance

How has Storskogen Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

41.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: STOR B has high quality earnings.

Growing Profit Margin: STOR B's current net profit margins (4.2%) are lower than last year (6.3%).

Past Earnings Growth Analysis

Earnings Trend: STOR B's earnings have grown significantly by 41.3% per year over the past 5 years.

Accelerating Growth: STOR B's earnings growth over the past year (46.5%) exceeds its 5-year average (41.3% per year).

Earnings vs Industry: STOR B earnings growth over the past year (46.5%) underperformed the Industrials industry 46.5%.

Return on Equity

High ROE: STOR B's Return on Equity (6%) is considered low.

Financial Health

How is Storskogen Group's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: STOR B's short term assets (SEK13.5B) exceed its short term liabilities (SEK7.3B).

Long Term Liabilities: STOR B's short term assets (SEK13.5B) do not cover its long term liabilities (SEK13.9B).

Debt to Equity History and Analysis

Debt Level: STOR B's net debt to equity ratio (42.6%) is considered high.

Reducing Debt: Insufficient data to determine if STOR B's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: STOR B's debt is not well covered by operating cash flow (9.8%).

Interest Coverage: STOR B's interest payments on its debt are well covered by EBIT (4.5x coverage).

Balance Sheet

Dividend

What is Storskogen Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.40%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: STOR B's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.46%).

High Dividend: STOR B's dividend (0.4%) is low compared to the top 25% of dividend payers in the Swedish market (4.88%).

Stability and Growth of Payments

Stable Dividend: STOR B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.

Growing Dividend: STOR B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: STOR B is not paying a notable dividend for the Swedish market.

Cash Payout to Shareholders

Cash Flow Coverage: STOR B is not paying a notable dividend for the Swedish market.

Discover strong dividend paying companies

Management

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

4.8yrs

Average management tenure

CEO

Daniel Kaplan (50 yo)

10.33yrs

Tenure

Mr. Daniel Samuel Kaplan is Co-founder and Chief Executive Officer of Storskogen Group AB (publ) from 2012. He serves as Managing Partner at Firm Factory Network. Mr. Kaplan served as Director at Freespee...

Leadership Team

Experienced Management: STOR B's management team is considered experienced (4.8 years average tenure).

Board Members

Experienced Board: STOR B's board of directors are considered experienced (3.3 years average tenure).

Ownership

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

Insider Trading Volume

Insider Buying: STOR B insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: STOR B only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31