VOLV B Stock Overview
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania.
AB Volvo Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr159.86|
|52 Week High||kr223.85|
|52 Week Low||kr148.24|
|1 Month Change||-5.71%|
|3 Month Change||3.14%|
|1 Year Change||-18.13%|
|3 Year Change||22.03%|
|5 Year Change||1.89%|
|Change since IPO||798.09%|
Recent News & Updates
At kr159, Is AB Volvo (publ) (STO:VOLV B) Worth Looking At Closely?
AB Volvo (publ) ( STO:VOLV B ) received a lot of attention from a substantial price movement on the OM over the last...
|VOLV B||SE Machinery||SE Market|
Return vs Industry: VOLV B exceeded the Swedish Machinery industry which returned -20.1% over the past year.
Return vs Market: VOLV B exceeded the Swedish Market which returned -27.6% over the past year.
|VOLV B volatility|
|VOLV B Average Weekly Movement||4.1%|
|Machinery Industry Average Movement||6.3%|
|Market Average Movement||6.9%|
|10% most volatile stocks in SE Market||11.6%|
|10% least volatile stocks in SE Market||4.3%|
Stable Share Price: VOLV B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: VOLV B's weekly volatility (4%) has been stable over the past year.
About the Company
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands. It also provides construction equipment, including excavators, articulated and rigid haulers, wheel loaders, road construction machines, pavers, and compactors under the brand names of Volvo, and SDLG Trucks.
AB Volvo Fundamentals Summary
|VOLV B fundamental statistics|
Is VOLV B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VOLV B income statement (TTM)|
|Cost of Revenue||kr305.70b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 20, 2022
|Earnings per share (EPS)||15.99|
|Net Profit Margin||7.90%|
How did VOLV B perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is VOLV B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VOLV B?
Other financial metrics that can be useful for relative valuation.
|What is VOLV B's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does VOLV B's PE Ratio compare to its peers?
|VOLV B PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
EPI A Epiroc
ENGCON B engcon
VOLV B AB Volvo
Price-To-Earnings vs Peers: VOLV B is good value based on its Price-To-Earnings Ratio (10x) compared to the peer average (22.2x).
Price to Earnings Ratio vs Industry
How does VOLV B's PE Ratio compare vs other companies in the SE Machinery Industry?
Price-To-Earnings vs Industry: VOLV B is good value based on its Price-To-Earnings Ratio (10x) compared to the Swedish Machinery industry average (15.7x)
Price to Earnings Ratio vs Fair Ratio
What is VOLV B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10x|
|Fair PE Ratio||25.3x|
Price-To-Earnings vs Fair Ratio: VOLV B is good value based on its Price-To-Earnings Ratio (10x) compared to the estimated Fair Price-To-Earnings Ratio (25.3x).
Share Price vs Fair Value
What is the Fair Price of VOLV B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VOLV B (SEK159.86) is trading below our estimate of fair value (SEK319.28)
Significantly Below Fair Value: VOLV B is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is AB Volvo forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VOLV B's forecast earnings growth (2.9% per year) is above the savings rate (0.4%).
Earnings vs Market: VOLV B's earnings (2.9% per year) are forecast to grow slower than the Swedish market (16.9% per year).
High Growth Earnings: VOLV B's earnings are forecast to grow, but not significantly.
Revenue vs Market: VOLV B's revenue (1% per year) is forecast to grow slower than the Swedish market (10.8% per year).
High Growth Revenue: VOLV B's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VOLV B's Return on Equity is forecast to be high in 3 years time (20.5%)
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How has AB Volvo performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VOLV B has high quality earnings.
Growing Profit Margin: VOLV B's current net profit margins (7.9%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: VOLV B's earnings have grown by 7.1% per year over the past 5 years.
Accelerating Growth: VOLV 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: VOLV B had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Machinery industry average (23.3%).
Return on Equity
High ROE: Whilst VOLV B's Return on Equity (21.07%) is high, this metric is skewed due to their high level of debt.
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How is AB Volvo's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VOLV B's short term assets (SEK286.6B) exceed its short term liabilities (SEK227.1B).
Long Term Liabilities: VOLV B's short term assets (SEK286.6B) exceed its long term liabilities (SEK191.0B).
Debt to Equity History and Analysis
Debt Level: VOLV B's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: VOLV B's debt to equity ratio has reduced from 131% to 119.4% over the past 5 years.
Debt Coverage: VOLV B's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: VOLV B's interest payments on its debt are well covered by EBIT (72.7x coverage).
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What is AB Volvo current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|AB Volvo Dividend Yield vs Market|
|Company (AB Volvo)||4.1%|
|Market Bottom 25% (SE)||1.8%|
|Market Top 25% (SE)||6.1%|
|Industry Average (Machinery)||2.7%|
|Analyst forecast in 3 Years (AB Volvo)||8.3%|
Notable Dividend: VOLV B's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Swedish market (1.82%).
High Dividend: VOLV B's dividend (4.07%) is low compared to the top 25% of dividend payers in the Swedish market (6.14%).
Stability and Growth of Payments
Stable Dividend: VOLV B's dividend payments have been volatile in the past 10 years.
Growing Dividend: VOLV B's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), VOLV B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: VOLV B is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Lundstedt (55 yo)
Mr. Martin Lundstedt, M.Sc., has been an Independent Director at Autoliv, Inc. since May 12, 2021. He has been the Chief Executive Officer, President and Member of the Group Executive Board at AB Volvo (pu...
CEO Compensation Analysis
|Martin Lundstedt's Compensation vs AB Volvo Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||kr49m||kr16m|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||kr44m||kr15m|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||kr52m||kr15m|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||kr43m||kr15m|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||kr44m||kr13m|
Compensation vs Market: Martin's total compensation ($USD4.48M) is above average for companies of similar size in the Swedish market ($USD2.37M).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Experienced Management: VOLV B's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: VOLV B's board of directors are considered experienced (8 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
|24 May 22||Buykr248,962,246||AB Industrivärden (publ)||Company||1,500,000||kr166.64|
|10 May 22||Buykr981,278||Kurt Jofs||Individual||6,300||kr155.82|
|26 Apr 22||Buykr702,685||Hanne de Mora||Individual||4,420||kr158.98|
|25 Apr 22||Buykr1,975,696||Jan Gurander||Individual||12,094||kr163.36|
|25 Apr 22||Buykr2,748,071||Martin Weissburg||Individual||16,822||kr163.36|
|25 Apr 22||Buykr4,562,039||Martin Lundstedt||Individual||27,926||kr163.36|
|25 Apr 22||Buykr1,861,833||Melker Jernberg||Individual||11,397||kr163.36|
|25 Apr 22||Buykr1,742,253||Lars Stenqvist||Individual||10,665||kr163.36|
|25 Apr 22||Buykr2,133,667||Scott Rafkin||Individual||13,061||kr163.36|
|25 Apr 22||Buykr1,027,382||Sofia Frandberg||Individual||6,289||kr163.36|
|25 Apr 22||Buykr2,675,375||Joachim Rosenberg||Individual||16,377||kr163.36|
|25 Apr 22||Buykr2,383,121||Andrea Fuder||Individual||14,588||kr163.36|
|25 Apr 22||Buykr818,605||Kina Wileke||Individual||5,011||kr163.36|
|25 Apr 22||Buykr1,480,220||Bruno Blin||Individual||9,061||kr163.36|
|25 Apr 22||Buykr1,320,289||Roger Alm||Individual||8,082||kr163.36|
|25 Apr 22||Buykr1,084,395||Jens Holtinger||Individual||6,638||kr163.36|
|17 Mar 22||Buykr365,620,543||AB Industrivärden (publ)||Company||2,000,000||kr184.51|
|09 Feb 22||Buykr426,929,200||AB Industrivärden (publ)||Company||2,000,000||kr214.00|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
AB Volvo (publ)'s employee growth, exchange listings and data sources
- Name: AB Volvo (publ)
- Ticker: VOLV B
- Exchange: OM
- Founded: 1915
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: kr328.022b
- Shares outstanding: 2.03b
- Website: https://www.volvogroup.com
Number of Employees
- AB Volvo (publ)
- GropegArdsgatan 2
- Västra Götaland County
- 417 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|0HTP||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Nov 1984|
|VOLV B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Nov 1984|
|VOLV.F||OTCPK (Pink Sheets LLC)||Yes||Series B Shares||US||USD||Nov 1984|
|VOL1||DB (Deutsche Boerse AG)||Yes||Series B Shares||DE||EUR||Nov 1984|
|VOLVBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Nov 1984|
|VOLVB||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Series B Shares||CZ||CZK||Nov 1984|
|0MHW||LSE (London Stock Exchange)||Series A Shares||GB||SEK||Jan 1988|
|VOLV A||OM (OMX Nordic Exchange Stockholm)||Series A Shares||SE||SEK||Jan 1988|
|VOLA.F||OTCPK (Pink Sheets LLC)||Series A Shares||US||USD||Jan 1988|
|VOL3||DB (Deutsche Boerse AG)||Series A Shares||DE||EUR||Jan 1988|
|VOL3||XTRA (XETRA Trading Platform)||Series A Shares||DE||EUR||Jan 1988|
|VOLVAS||BATS-CHIXE (BATS 'Chi-X Europe')||Series A Shares||GB||SEK||Jan 1988|
|VLVL.Y||OTCPK (Pink Sheets LLC)||UNSP ADR EACH REP 1 ORD SHS||US||USD||Jan 2016|
|VOL4||DB (Deutsche Boerse AG)||UNSP ADR EACH REP 1 ORD SHS||DE||EUR||Jan 2016|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/03 00:00|
|End of Day Share Price||2022/10/03 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.