Volati (OM:VOLO) - Share price, News & Analysis

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

VOLO Stock Overview

Volati AB is a private equity firm specializing in buyouts, add on acquisitions in mature and middle market companies.

Rewards

Trading at 54% below our estimate of its fair value

Earnings are forecast to grow 18.13% per year

Earnings grew by 60.7% over the past year

Risk Analysis

Has a high level of debt

Volati Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Volati
Historical stock prices
Current Share Price	kr148.40
52 Week High	kr230.00
52 Week Low	kr91.60
Beta	1.51
1 Month Change	4.36%
3 Month Change	-10.71%
1 Year Change	33.21%
3 Year Change	229.78%
5 Year Change	78.26%
Change since IPO	122.32%

Recent News & Updates

Apr 28

Volati (STO:VOLO) Is Increasing Its Dividend To kr1.70

The board of Volati AB ( STO:VOLO ) has announced that it will be increasing its dividend on the 4th of May to kr1.70...

Shareholder Returns

	VOLO	SE Industrials	SE Market
7D	3.9%	3.0%	3.0%
1Y	33.2%	-8.1%	-10.8%

Return vs Industry: VOLO exceeded the Swedish Industrials industry which returned -8.1% over the past year.

Return vs Market: VOLO exceeded the Swedish Market which returned -10.8% over the past year.

Price Volatility

Is VOLO's price volatile compared to industry and market?
VOLO volatility
VOLO Average Weekly Movement	8.2%
Industrials Industry Average Movement	7.6%
Market Average Movement	7.5%
10% most volatile stocks in SE Market	12.6%
10% least volatile stocks in SE Market	4.8%

Stable Share Price: VOLO is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VOLO's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	1,865	Andreas Stenbäck	https://www.volati.se

Volati AB is a private equity firm specializing in buyouts, add on acquisitions in mature and middle market companies. The firm invests primarily in trading, consumer and industry sectors. Within trading it invests in building materials sector, consumables and material for construction (like concrete, cut stones & stone products), home and garden, and agriculture and forestry farmers.

Volati Fundamentals Summary

How do Volati's earnings and revenue compare to its market cap?
VOLO fundamental statistics
Market Cap	kr11.78b
Earnings (TTM)	kr339.00m
Revenue (TTM)	kr6.72b

34.8x

P/E Ratio

1.8x

P/S Ratio

Is VOLO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOLO income statement (TTM)
Revenue	kr6.72b
Cost of Revenue	kr4.19b
Gross Profit	kr2.53b
Other Expenses	kr2.19b
Earnings	kr339.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 18, 2022

Earnings per share (EPS)	4.27
Gross Margin	37.60%
Net Profit Margin	5.04%
Debt/Equity Ratio	70.9%

How did VOLO perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

40%

Payout Ratio

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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: VOLO (SEK148.4) is trading below our estimate of fair value (SEK322.36)

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

Price To Earnings Ratio

PE vs Industry: VOLO's Price-To-Earnings Ratio (34.8x) is in line with the Swedish Industrials industry average.

PE vs Market: VOLO is poor value based on its Price-To-Earnings Ratio (34.8x) compared to the Swedish market (17.8x).

Price to Earnings Growth Ratio

PEG Ratio: VOLO is poor value based on its PEG Ratio (1.9x)

Price to Book Ratio

PB vs Industry: VOLO is overvalued based on its Price-To-Book Ratio (6.1x) compared to the SE Industrials industry average (4x).

Future Growth

How is Volati forecast to perform in the next 1 to 3 years based on estimates from 2 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

18.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOLO's forecast earnings growth (18.1% per year) is above the savings rate (0.3%).

Earnings vs Market: VOLO's earnings (18.1% per year) are forecast to grow faster than the Swedish market (9.7% per year).

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

Revenue vs Market: VOLO's revenue (10.3% per year) is forecast to grow faster than the Swedish market (5.9% per year).

High Growth Revenue: VOLO's revenue (10.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VOLO's Return on Equity is forecast to be high in 3 years time (26.1%)

Past Performance

How has Volati performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

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

19.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VOLO has high quality earnings.

Growing Profit Margin: VOLO's current net profit margins (5%) are higher than last year (4.1%).

Past Earnings Growth Analysis

Earnings Trend: VOLO's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: VOLO's earnings growth over the past year (60.7%) exceeds its 5-year average (19.3% per year).

Earnings vs Industry: VOLO earnings growth over the past year (60.7%) exceeded the Industrials industry 46.5%.

Return on Equity

High ROE: VOLO's Return on Equity (22%) is considered high.

Financial Health

How is Volati's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

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

Financial Position Analysis

Short Term Liabilities: VOLO's short term assets (SEK2.8B) do not cover its short term liabilities (SEK3.0B).

Long Term Liabilities: VOLO's short term assets (SEK2.8B) exceed its long term liabilities (SEK1.1B).

Debt to Equity History and Analysis

Debt Level: VOLO's net debt to equity ratio (64.5%) is considered high.

Reducing Debt: VOLO's debt to equity ratio has increased from 2.2% to 70.9% over the past 5 years.

Debt Coverage: VOLO's debt is well covered by operating cash flow (28.7%).

Interest Coverage: VOLO's interest payments on its debt are well covered by EBIT (10.8x coverage).

Balance Sheet

Dividend

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

Dividend Score

2/6

Dividend Score 2/6

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

1.15%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VOLO's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.43%).

High Dividend: VOLO's dividend (1.15%) is low compared to the top 25% of dividend payers in the Swedish market (4.83%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VOLO has been paying a dividend for less than 10 years.

Growing Dividend: VOLO's dividend payments have increased, but the company has only paid a dividend for 5 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.8%), VOLO's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43%), VOLO's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

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

1.3yrs

Average management tenure

CEO

Andreas Stenbäck (42 yo)

Tenure

kr2,700,000

Compensation

Mr. Andreas Stenback is Chief Executive Officer and President of Volati AB since May 01, 2021. He was Chief Financial Officer and Chief Investment Officer of Volati AB since September 2019 until May 01, 20...

CEO Compensation Analysis

Compensation vs Market: Andreas's total compensation ($USD274.44K) is below average for companies of similar size in the Swedish market ($USD800.29K).

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

Leadership Team

Experienced Management: VOLO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Experienced Board: VOLO's board of directors are considered experienced (5.7 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/28 00:00
End of Day Share Price	2022/05/27 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31