OM:SVED B

Stock Analysis Report

Svedbergs i Dalstorp

Executive Summary

Svedbergs i Dalstorp AB (publ) develops, manufactures, and markets bathroom products in the Nordic countries.


Snowflake Analysis

Good value with adequate balance sheet.

Share Price & News

How has Svedbergs i Dalstorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SVED B's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.4%

SVED B

2.8%

SE Building

5.3%

SE Market


1 Year Return

-25.5%

SVED B

-7.7%

SE Building

-10.3%

SE Market

Return vs Industry: SVED B underperformed the Swedish Building industry which returned -7.7% over the past year.

Return vs Market: SVED B underperformed the Swedish Market which returned -10.3% over the past year.


Shareholder returns

SVED BIndustryMarket
7 Day5.4%2.8%5.3%
30 Day-23.6%-18.7%-18.2%
90 Day-23.2%-21.1%-22.8%
1 Year-21.6%-25.5%-6.2%-7.7%-7.8%-10.3%
3 Year-56.7%-63.7%11.6%5.5%-0.6%-15.4%
5 Year-34.8%-51.1%27.9%17.4%8.0%-14.7%

Price Volatility Vs. Market

How volatile is Svedbergs i Dalstorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Svedbergs i Dalstorp undervalued compared to its fair value and its price relative to the market?

27.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SVED B (SEK17.5) is trading below our estimate of fair value (SEK24.09)

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


Price To Earnings Ratio

PE vs Industry: SVED B is good value based on its PE Ratio (8.9x) compared to the Building industry average (15.6x).

PE vs Market: SVED B is good value based on its PE Ratio (8.9x) compared to the Swedish market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SVED B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SVED B is overvalued based on its PB Ratio (2.1x) compared to the SE Building industry average (2.1x).


Next Steps

Future Growth

How is Svedbergs i Dalstorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Svedbergs i Dalstorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Svedbergs i Dalstorp performed over the past 5 years?

2.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVED B has high quality earnings.

Growing Profit Margin: SVED B's current net profit margins (6.8%) are higher than last year (6.5%).


Past Earnings Growth Analysis

Earnings Trend: SVED B's earnings have grown by 2.3% per year over the past 5 years.

Accelerating Growth: SVED B's earnings growth over the past year (2.3%) is below its 5-year average (2.3% per year).

Earnings vs Industry: SVED B earnings growth over the past year (2.3%) underperformed the Building industry 11.3%.


Return on Equity

High ROE: Whilst SVED B's Return on Equity (23.25%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Svedbergs i Dalstorp's financial position?


Financial Position Analysis

Short Term Liabilities: SVED B's short term assets (SEK295.5M) exceed its short term liabilities (SEK205.8M).

Long Term Liabilities: SVED B's short term assets (SEK295.5M) exceed its long term liabilities (SEK155.8M).


Debt to Equity History and Analysis

Debt Level: SVED B's debt to equity ratio (131.1%) is considered high.

Reducing Debt: SVED B's debt to equity ratio has increased from 19.9% to 131.1% over the past 5 years.

Debt Coverage: SVED B's debt is well covered by operating cash flow (26%).

Interest Coverage: SVED B's interest payments on its debt are well covered by EBIT (21.6x coverage).


Balance Sheet

Inventory Level: SVED B has a high level of physical assets or inventory.

Debt Coverage by Assets: SVED B's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is Svedbergs i Dalstorp's current dividend yield, its reliability and sustainability?

7.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SVED B's dividend (7.43%) is higher than the bottom 25% of dividend payers in the Swedish market (2.14%).

High Dividend: SVED B's dividend (7.43%) is in the top 25% of dividend payers in the Swedish market (6.55%)


Stability and Growth of Payments

Stable Dividend: SVED B's dividend payments have been volatile in the past 10 years.

Growing Dividend: SVED B's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (66.1%), SVED B's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

16.7yrs

Average board tenure


CEO

Sofia Axelsson (46yo)

2.5s

Tenure

kr2,301,363

Compensation

Ms. Sofia Axelsson has been the President and Chief Executive Officer of Svedbergs i Dalstorp AB since September 30, 2017. Ms. Axelsson served as Senior Vice President of Group Communications, Brand & Mark ...


CEO Compensation Analysis

Compensation vs Market: Sofia's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD215.18K).

Compensation vs Earnings: Insufficient data to compare Sofia's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Anna Svedberg
Director and Managing Director of Svedbergs-England23.17yrskr148.63kno data
Jan Svensson
Director7.17yrskr224.02k0.024% SEK87.5k
Sune Svedberg
Director58.17yrskr130.00k2.03% SEK7.5m
Leif Dahl
Employee Elected Director10.17yrsno data0.0030% SEK11.0k

16.7yrs

Average Tenure

64.5yo

Average Age

Experienced Board: SVED B's board of directors are seasoned and experienced ( 16.7 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Svedbergs i Dalstorp AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Svedbergs i Dalstorp AB (publ)
  • Ticker: SVED B
  • Exchange: OM
  • Founded: 1920
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: kr370.064m
  • Shares outstanding: 21.15m
  • Website: https://www.svedbergs.se

Location

  • Svedbergs i Dalstorp AB (publ)
  • Verkstadsvagen 1
  • Dalstorp
  • Västra Götaland County
  • 514 63
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVED BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKOct 1997
0GXDLSE (London Stock Exchange)YesClass B SharesGBSEKOct 1997
SVEDBSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKOct 1997

Biography

Svedbergs i Dalstorp AB (publ) develops, manufactures, and markets bathroom products in the Nordic countries. The company offers bathroom furniture, including handles, laundry cupboards, lighting products, side cabinets, tall cabinets, upper units, vanity units, wall cabinets, and work tops, as well as accessories. It also provides furniture ranges; baths and massage baths, and accessories; and alcove and corner showers, shower enclosures, shower screens, special dusch products, and accessories. In addition, the company offers porcelain washbasins, and WC and toilet products; bath, washbasin, shower, and thermostatic mixers, as well as shower sets and accessories; heated towel rails and accessories; spare parts for mixers, heated towel rails, and WC products; and lights and accessories. Svedbergs i Dalstorp AB (publ) was founded in 1920 and is headquartered in Dalstorp, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 21:26
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.