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SWEC

SwecoOM:SWEC B Stock Report

Market Cap

kr53.2b

7D

5.5%

1Y

-3.1%

Updated

22 Oct, 2021

Data

Company Financials +
SWEC B fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends4/6

SWEC B Overview

Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide.

Sweco Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sweco
Historical stock prices
Current Share Pricekr148.90
52 Week Highkr119.70
52 Week Lowkr170.20
Beta0.83
1 Month Change-0.067%
3 Month Change6.43%
1 Year Change-3.14%
3 Year Change122.90%
5 Year Change148.72%
Change since IPO7,601.73%

Recent News & Updates

Oct 01
We Think Sweco (STO:SWEC B) Can Stay On Top Of Its Debt

We Think Sweco (STO:SWEC B) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Sep 19
The Returns At Sweco (STO:SWEC B) Aren't Growing

The Returns At Sweco (STO:SWEC B) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...

Aug 07
Are Sweco AB (publ) (STO:SWEC B) Investors Paying Above The Intrinsic Value?

Are Sweco AB (publ) (STO:SWEC B) Investors Paying Above The Intrinsic Value?

How far off is Sweco AB (publ) ( STO:SWEC B ) from its intrinsic value? Using the most recent financial data, we'll...

Shareholder Returns

SWEC BSE ConstructionSE Market
7D5.5%2.1%2.3%
1Y-3.1%16.4%34.1%

Return vs Industry: SWEC B underperformed the Swedish Construction industry which returned 13.8% over the past year.

Return vs Market: SWEC B underperformed the Swedish Market which returned 33.3% over the past year.

Price Volatility

Is SWEC B's price volatile compared to industry and market?
SWEC B volatility
SWEC B Beta0.83
Industry Beta0.97
Market Beta1

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

Volatility Over Time: SWEC B's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a17,500Åsa Bergmanhttps://www.sweco.se

Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide. The company undertakes culture, leisure, sports, education, interior architecture, office, landscape architecture, visualization, urban development, infrastructure, housing, lighting design, cultural environment, retail and commercial, healthcare, and industry projects. It also provides renewable fuels, combined heating and power, dams, due diligence, district heating and cooling, electrical power, electricity distribution, energy efficiency enhancement, energy market and strategy, energy storage, hydropower, power transmission, solar energy, and wind power energy systems.

Sweco Fundamentals Summary

How do Sweco's earnings and revenue compare to its market cap?
SWEC B fundamental statistics
Market Capkr53.23b
Earnings (TTM)kr1.30b
Revenue (TTM)kr20.87b

40.9x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SWEC B income statement (TTM)
Revenuekr20.87b
Cost of Revenuekr14.05b
Gross Profitkr6.82b
Expenseskr5.52b
Earningskr1.30b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)3.64
Gross Margin32.66%
Net Profit Margin6.23%
Debt/Equity Ratio31.3%

How did SWEC B perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

60%

Payout Ratio

Valuation

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

40.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SWEC B (SEK148.9) is trading above our estimate of fair value (SEK118.05)

Significantly Below Fair Value: SWEC B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SWEC B is poor value based on its PE Ratio (40.9x) compared to the Swedish Construction industry average (31.9x).

PE vs Market: SWEC B is poor value based on its PE Ratio (40.9x) compared to the Swedish market (23.6x).


Price to Earnings Growth Ratio

PEG Ratio: SWEC B is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: SWEC B is overvalued based on its PB Ratio (6.9x) compared to the SE Construction industry average (3.9x).


Future Growth

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

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SWEC B's forecast earnings growth (13.5% per year) is above the savings rate (0.3%).

Earnings vs Market: SWEC B's earnings (13.5% per year) are forecast to grow faster than the Swedish market (5.9% per year).

High Growth Earnings: SWEC B's earnings are forecast to grow, but not significantly.

Revenue vs Market: SWEC B's revenue (5% per year) is forecast to grow faster than the Swedish market (4.8% per year).

High Growth Revenue: SWEC B's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SWEC B's Return on Equity is forecast to be low in 3 years time (20%).


Past Performance

How has Sweco performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWEC B has high quality earnings.

Growing Profit Margin: SWEC B's current net profit margins (6.2%) are lower than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: SWEC B's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: SWEC 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: SWEC B had negative earnings growth (-12.3%) over the past year, making it difficult to compare to the Construction industry average (15.9%).


Return on Equity

High ROE: SWEC B's Return on Equity (16.9%) is considered low.


Financial Health

How is Sweco's financial position?


Financial Position Analysis

Short Term Liabilities: SWEC B's short term assets (SEK7.8B) exceed its short term liabilities (SEK6.8B).

Long Term Liabilities: SWEC B's short term assets (SEK7.8B) exceed its long term liabilities (SEK5.0B).


Debt to Equity History and Analysis

Debt Level: SWEC B's debt to equity ratio (31.3%) is considered satisfactory.

Reducing Debt: SWEC B had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: SWEC B's debt is well covered by operating cash flow (79.7%).

Interest Coverage: SWEC B's interest payments on its debt are well covered by EBIT (24.3x coverage).


Balance Sheet


Dividend

What is Sweco current dividend yield, its reliability and sustainability?

1.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SWEC B's dividend (1.48%) is higher than the bottom 25% of dividend payers in the Swedish market (0.91%).

High Dividend: SWEC B's dividend (1.48%) is low compared to the top 25% of dividend payers in the Swedish market (3.59%).


Stability and Growth of Payments

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

Growing Dividend: SWEC B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.1%), SWEC B's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SWEC B's dividends in 3 years are forecast to be covered by earnings (53.3% payout ratio).


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Åsa Bergman (54 yo)

3.5yrs

Tenure

Ms. Asa Bergman has been the President and Chief Executive Officer of at Sweco AB (publ) since April 20, 2018 and serves as its Director. Ms. Bergman serves as Chief Executive Officer of Sweco Sverige AB....


Leadership Team

Experienced Management: SWEC B's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: SWEC B's board of directors are considered experienced (5.5 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

Sweco AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Sweco AB (publ)
  • Ticker: SWEC B
  • Exchange: OM
  • Founded: NaN
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: kr53.233b
  • Shares outstanding: 357.49m
  • Website: https://www.sweco.se

Number of Employees


Location

  • Sweco AB (publ)
  • Gjörwellsgatan 22
  • Box 34044
  • Stockholm
  • Stockholm County
  • 100 26
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 20:59
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.