Systemair AB (publ), a ventilation company, designs, develops, manufactures, and markets ventilation products and systems in Europe, the United States, the Middle East, Asia, Australia, Africa, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr80.00|
|52 Week High||kr53.63|
|52 Week Low||kr102.38|
|1 Month Change||-8.70%|
|3 Month Change||3.73%|
|1 Year Change||43.82%|
|3 Year Change||171.19%|
|5 Year Change||163.92%|
|Change since IPO||310.26%|
Recent News & Updates
|SYSR||SE Building||SE Market|
Return vs Industry: SYSR underperformed the Swedish Building industry which returned 53.7% over the past year.
Return vs Market: SYSR exceeded the Swedish Market which returned 34.1% over the past year.
Stable Share Price: SYSR is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SYSR's weekly volatility (7%) has been stable over the past year.
About the Company
Systemair AB (publ), a ventilation company, designs, develops, manufactures, and markets ventilation products and systems in Europe, the United States, the Middle East, Asia, Australia, Africa, and internationally. The company offers heating products comprising convectors and controls, ceiling fans, air curtains, radiant and fan heaters; fans and accessories, including circular duct, rectangular and square duct, roof, axial, explosion proof, domestic, and smoke extract fans, as well as electrical accessories for ventilation and fans for aggressive media; and residential systems, such as residential fans, counter flow and rotary units, vacuum systems, heat pumps, ducts, cooker hoods, filters, valves and grilles, and accessories for residential systems. It also provides fire safety products comprising fire and smoke control dampers; air distribution products consisting of grilles, air volume controls, diffusers, and special products; air handling units, such as compact and central AHUs, roof ventilation units, and compact AHU accessories; and air conditioning systems, including hydronic (water born) and DX (refrigerant) systems.
Systemair Fundamentals Summary
|SYSR fundamental statistics|
Is SYSR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SYSR income statement (TTM)|
|Cost of Revenue||kr5.66b|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
Dec 09, 2021
|Earnings per share (EPS)||2.31|
|Net Profit Margin||5.51%|
How did SYSR perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is Systemair 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: SYSR (SEK83.25) is trading above our estimate of fair value (SEK47.05)
Significantly Below Fair Value: SYSR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SYSR is poor value based on its PE Ratio (36.1x) compared to the Swedish Building industry average (24.8x).
PE vs Market: SYSR is poor value based on its PE Ratio (36.1x) compared to the Swedish market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: SYSR is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: SYSR is overvalued based on its PB Ratio (5x) compared to the SE Building industry average (4.3x).
How is Systemair forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYSR's forecast earnings growth (14.2% per year) is above the savings rate (0.3%).
Earnings vs Market: SYSR's earnings (14.2% per year) are forecast to grow faster than the Swedish market (6.1% per year).
High Growth Earnings: SYSR's earnings are forecast to grow, but not significantly.
Revenue vs Market: SYSR's revenue (5.7% per year) is forecast to grow faster than the Swedish market (4% per year).
High Growth Revenue: SYSR's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SYSR's Return on Equity is forecast to be low in 3 years time (17%).
How has Systemair performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYSR has high quality earnings.
Growing Profit Margin: SYSR's current net profit margins (5.5%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: SYSR's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: SYSR's earnings growth over the past year (42.5%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: SYSR earnings growth over the past year (42.5%) underperformed the Building industry 49.6%.
Return on Equity
High ROE: SYSR's Return on Equity (13.9%) is considered low.
How is Systemair's financial position?
Financial Position Analysis
Short Term Liabilities: SYSR's short term assets (SEK3.9B) exceed its short term liabilities (SEK2.4B).
Long Term Liabilities: SYSR's short term assets (SEK3.9B) exceed its long term liabilities (SEK1.3B).
Debt to Equity History and Analysis
Debt Level: SYSR's debt to equity ratio (51.4%) is considered high.
Reducing Debt: SYSR's debt to equity ratio has reduced from 67% to 51.4% over the past 5 years.
Debt Coverage: SYSR's debt is well covered by operating cash flow (50.9%).
Interest Coverage: SYSR's interest payments on its debt are well covered by EBIT (30.5x coverage).
What is Systemair current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SYSR's dividend (0.9%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.93%).
High Dividend: SYSR's dividend (0.9%) is low compared to the top 25% of dividend payers in the Swedish market (3.55%).
Stability and Growth of Payments
Stable Dividend: SYSR's dividend payments have been volatile in the past 10 years.
Growing Dividend: SYSR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.5%), SYSR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYSR's dividends in 3 years are forecast to be well covered by earnings (34% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roland Kasper (52 yo)
Mr. Roland Kasper has been the Group Chief Executive Officer of Systemair AB since August 27, 2015 and has been its President since August 24, 2016. Mr. Kasper served as a Vice President of Marketing for P...
CEO Compensation Analysis
Compensation vs Market: Roland's total compensation ($USD727.19K) is about average for companies of similar size in the Swedish market ($USD881.84K).
Compensation vs Earnings: Roland's compensation has been consistent with company performance over the past year.
Experienced Management: SYSR's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: SYSR's board of directors are considered experienced (5.6 years average tenure).
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.
Systemair AB (publ)'s employee growth, exchange listings and data sources
- Name: Systemair AB (publ)
- Ticker: SYSR
- Exchange: OM
- Founded: 1972
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr17.316b
- Shares outstanding: 208.00m
- Website: https://www.systemair.com
Number of Employees
- Systemair AB (publ)
- Industrivagen 3
- Västmanland County
- 739 30
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 17:54|
|End of Day Share Price||2021/09/27 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.