OM:SWEC B

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Sweco's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.3%

SWEC B

2.7%

SE Construction

0.2%

SE Market


1 Year Return

21.6%

SWEC B

10.4%

SE Construction

1.7%

SE Market

SWEC B outperformed the Construction industry which returned 10.4% over the past year.

SWEC B outperformed the Market in Sweden which returned 1.7% over the past year.


Share holder returns

SWEC BIndustryMarket
7 Day5.3%2.7%0.2%
30 Day15.2%11.1%6.6%
90 Day11.6%13.1%2.7%
1 Year24.6%21.6%14.3%10.4%6.0%1.7%
3 Year72.6%60.7%16.1%0.3%30.5%11.0%
5 Year231.2%179.6%87.7%41.6%56.6%23.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Sweco undervalued based on future cash flows and its price relative to the stock market?

26.13x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Sweco's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Sweco's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Sweco is overvalued based on earnings compared to the SE Construction industry average.

Sweco is overvalued based on earnings compared to the Sweden market.


Price Based on Expected Growth

Sweco is poor value based on expected growth next year.


Price Based on Value of Assets

Sweco is overvalued based on assets compared to the SE Construction industry average.


Next Steps

Future Growth

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

10.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Sweco's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).

Sweco's earnings are expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).

Sweco's revenue growth is expected to exceed the Sweden market average.

Sweco's earnings growth is expected to exceed the Sweden market average.

Sweco's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Sweco is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Sweco performed over the past 5 years?

24.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Sweco has delivered over 20% year on year earnings growth in the past 5 years.

Sweco's 1-year earnings growth is less than its 5-year average (2.6% vs 24.8%)

Sweco's earnings growth has not exceeded the SE Construction industry average in the past year (2.6% vs 42.1%).


Return on Equity

Sweco has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Sweco used its assets less efficiently than the SE Construction industry average last year based on Return on Assets.


Return on Capital Employed

Sweco has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Sweco's financial position?


Financial Position Analysis

Sweco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Sweco's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Sweco's level of debt (43%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (98.2% vs 43% today).

Debt is well covered by operating cash flow (67.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 46.5x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.5x debt.


Next Steps

Dividend

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

2.35%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Sweco's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.86%).

Sweco's dividend is below the markets top 25% of dividend payers in Sweden (4.8%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.8x coverage).


Next Steps

Management

What is the CEO of Sweco's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Åsa Bergman (52yo)

1.4yrs

Tenure

0

Ms. Asa Bergman has been the President and Chief Executive Officer of at Sweco AB since April 20, 2018. Ms. Bergman serves as Chief Executive Officer of Sweco Sverige AB. She served as the President of SWE ...


Management Age and Tenure

1.5yrs

Average Tenure

52yo

Average Age

The average tenure for the Sweco management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.7yrs

Average Tenure

52.5yo

Average Age

The tenure for the Sweco board of directors is about average.


Insider Trading

Sweco individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sellkr759,78007 Aug 19
Ann-Louise Klasson
EntityIndividual
Shares2,814
Max Pricekr270.00
Buykr1,104,66026 Feb 19
Grete Aspelund
EntityIndividual
Shares5,100
Max Pricekr216.60
Buykr327,49925 Feb 19
Ina Brandes
EntityIndividual
Shares1,512
Max Pricekr216.60
Buykr1,218,15825 Feb 19
Åsa Bergman
EntityIndividual
Role
Chief Executive Officer
President
Shares5,624
Max Pricekr216.60
Buykr960,83824 Feb 19
Markku Varis
EntityIndividual
Shares4,436
Max Pricekr216.60
Buykr277,68122 Feb 19
Lisa Lagerwall
EntityIndividual
Role
Chief Legal Officer
General Counsel
Shares1,282
Max Pricekr216.60
Buykr1,924,49122 Feb 19
Jonas Dahlberg
EntityIndividual
Shares8,885
Max Pricekr216.60
Buykr118,80218 Dec 18
Mikael Landberg
EntityIndividual
Role
Head of Human Resources
Chief Human Resource Officer
Shares622
Max Pricekr191.00
Buykr254,40618 Dec 18
Dariush Rezai
EntityIndividual
Shares1,326
Max Pricekr191.86
Buykr184,76118 Dec 18
Grete Aspelund
EntityIndividual
Shares963
Max Pricekr191.86
Buykr223,13318 Dec 18
Eugene Grüter
EntityIndividual
Shares1,163
Max Pricekr191.86
Buykr290,09217 Dec 18
Jonas Dahlberg
EntityIndividual
Shares1,512
Max Pricekr191.86
Buykr644,65017 Dec 18
Åsa Bergman
EntityIndividual
Role
Chief Executive Officer
President
Shares3,360
Max Pricekr191.86
Buykr95,35417 Dec 18
Lars Torstensson
EntityIndividual
Shares497
Max Pricekr191.86
Buykr59,66817 Dec 18
Lisa Lagerwall
EntityIndividual
Role
Chief Legal Officer
General Counsel
Shares311
Max Pricekr191.86
Buykr23,56005 Dec 18
Görgen Edenhagen
EntityIndividual
Role
Member of the Board of Directors
Employee Representative Director
Shares124
Max Pricekr190.00

Ownership Breakdown


Management Team

  • Tapani Bastman (64yo)

    Head of Energy and Pulp & Paper Division - Sweco Industry

    • Tenure: 0yrs
  • Åsa Bergman (52yo)

    President

    • Tenure: 1.4yrs
  • Jukka Korvenoja (62yo)

    Head of Chemical Industry Division - Sweco Industry

    • Tenure: 0yrs
  • Lisa Lagerwall (47yo)

    General Counsel

    • Tenure: 8.7yrs
  • Lars Enander (56yo)

    Head of Water and Environment Division - Norway

    • Tenure: 20.7yrs
  • Stig Bremer (48yo)

    Head of IT

    • Tenure: 0yrs
  • Katarina Grönwall (50yo)

    Chief Communications Officer

    • Tenure: 0.3yrs
  • Tor-Helge Indrebø (58yo)

    Head of Vest Division

    • Tenure: 0yrs
  • Mikael Landberg (51yo)

    Chief Human Resource Officer

    • Tenure: 1.7yrs
  • Christel Retzlaff

    Acting Chief Financial Officer

    • Tenure: 0.3yrs

Board Members

  • Gunnel Duveblad (64yo)

    Independent Director

    • Tenure: 11.4yrs
    • Compensation: kr538.00k
  • Eva Lindqvist (61yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: kr448.00k
  • Anna Leonsson (48yo)

    Employee Representative Director

    • Tenure: 14.7yrs
  • Åsa Bergman (52yo)

    President

    • Tenure: 1.4yrs
  • Johan Hjertonsson (51yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: kr448.00k
  • Johan Nordström (53yo)

    Chairman

    • Tenure: 5.4yrs
    • Compensation: kr880.00k
  • Görgen Edenhagen (55yo)

    Employee Representative Director

    • Tenure: 2.2yrs
  • Christine Wolff (59yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: kr478.00k
  • Elaine Weidman-Grunewald (52yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: kr452.00k
  • Maria Ekh (45yo)

    Employee Representative Director

    • Tenure: 4.7yrs

Company Information

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


Key Information

  • Name: Sweco AB (publ)
  • Ticker: SWEC B
  • Exchange: OM
  • Founded:
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: kr33.884b
  • Shares outstanding: 117.80m
  • Website: https://www.sweco.se

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWEC BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKSep 1998
0H0GLSE (London Stock Exchange)YesClass B SharesGBSEKSep 1998
SWECBsBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKSep 1998
7W7DB (Deutsche Boerse AG)YesClass B SharesDEEURSep 1998
SWEC AOM (OMX Nordic Exchange Stockholm)Class A SharesSESEKSep 1998

Biography

Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide. The company undertakes culture, leisure, sports, education, interior architecture,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 20:54
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.