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EURO

Eurocon Consulting NGM:EURO Stock Report

Last Price

kr7.60

Market Cap

kr331.6m

7D

-2.1%

1Y

49.0%

Updated

09 Aug, 2022

Data

Company Financials +
EURO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends4/6

EURO Stock Overview

Eurocon Consulting AB (publ) provides engineering services to forest, energy, mining, chemistry, workshop, IT, and life and pharmaceutical industries.

Eurocon Consulting Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eurocon Consulting
Historical stock prices
Current Share Pricekr7.60
52 Week Highkr8.00
52 Week Lowkr5.12
Beta1.08
1 Month Change4.68%
3 Month Change-1.30%
1 Year Change49.02%
3 Year Change26.67%
5 Year Change19.69%
Change since IPO334.29%

Recent News & Updates

Shareholder Returns

EUROSE Professional ServicesSE Market
7D-2.1%-3.0%-0.1%
1Y49.0%-33.5%-22.0%

Return vs Industry: EURO exceeded the Swedish Professional Services industry which returned -33.5% over the past year.

Return vs Market: EURO exceeded the Swedish Market which returned -22% over the past year.

Price Volatility

Is EURO's price volatile compared to industry and market?
EURO volatility
EURO Average Weekly Movement5.6%
Professional Services Industry Average Movement5.7%
Market Average Movement7.3%
10% most volatile stocks in SE Market12.9%
10% least volatile stocks in SE Market4.6%

Stable Share Price: EURO is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EURO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990250Peter Johanssonhttps://www.eurocon.se

Eurocon Consulting AB (publ) provides engineering services to forest, energy, mining, chemistry, workshop, IT, and life and pharmaceutical industries. It offers SiteBase, a software suite that streamlines and assures the quality of information management in a facility or project; to generate drawings and integrate 3D models; to manage documents, regulations, and specifications; and to import and export to excel and other external applications. The company was founded in 1990 and is headquartered in Örnsköldsvik, Sweden.

Eurocon Consulting Fundamentals Summary

How do Eurocon Consulting's earnings and revenue compare to its market cap?
EURO fundamental statistics
Market Capkr331.57m
Earnings (TTM)kr27.19m
Revenue (TTM)kr309.33m

12.2x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EURO income statement (TTM)
Revenuekr309.33m
Cost of Revenuekr241.14m
Gross Profitkr68.19m
Other Expenseskr41.01m
Earningskr27.19m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.62
Gross Margin22.05%
Net Profit Margin8.79%
Debt/Equity Ratio3.1%

How did EURO perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

64%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is EURO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EURO?

Other financial metrics that can be useful for relative valuation.

EURO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA9x
PEG Ratio3x

Price to Earnings Ratio vs Peers

How does EURO's PE Ratio compare to its peers?

EURO PE Ratio vs Peers
The above table shows the PE ratio for EURO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.5x
TRG Transcendent Group
17.5xn/akr235.0m
PENG B Projektengagemang Sweden
20.4x39.5%kr392.9m
ME Modern Ekonomi Sverige Holding
65.5xn/akr147.7m
NOVU Novus Group International
14.5xn/akr62.2m
EURO Eurocon Consulting
12.2x4.1%kr331.6m

Price-To-Earnings vs Peers: EURO is good value based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (29.5x).


Price to Earnings Ratio vs Industry

How does EURO's PE Ratio compare vs other companies in the European Professional Services Industry?

Price-To-Earnings vs Industry: EURO is good value based on its Price-To-Earnings Ratio (12.2x) compared to the Swedish Professional Services industry average (16.8x)


Price to Earnings Ratio vs Fair Ratio

What is EURO'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.

EURO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.2x
Fair PE Ratio10.2x

Price-To-Earnings vs Fair Ratio: EURO is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the estimated Fair Price-To-Earnings Ratio (10.2x).


Share Price vs Fair Value

What is the Fair Price of EURO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EURO (SEK7.6) is trading below our estimate of fair value (SEK25.97)

Significantly Below Fair Value: EURO 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: Insufficient data to show price forecast.


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Future Growth

How is Eurocon Consulting forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EURO's forecast earnings growth (4.1% per year) is above the savings rate (0.4%).

Earnings vs Market: EURO's earnings (4.1% per year) are forecast to grow slower than the Swedish market (16.4% per year).

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

Revenue vs Market: EURO's revenue (7.6% per year) is forecast to grow slower than the Swedish market (11% per year).

High Growth Revenue: EURO's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EURO's Return on Equity is forecast to be high in 3 years time (25.3%)


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Past Performance

How has Eurocon Consulting performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-11.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EURO has high quality earnings.

Growing Profit Margin: EURO's current net profit margins (8.8%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: EURO's earnings have declined by 11.9% per year over the past 5 years.

Accelerating Growth: EURO's earnings growth over the past year (143.8%) exceeds its 5-year average (-11.9% per year).

Earnings vs Industry: EURO earnings growth over the past year (143.8%) exceeded the Professional Services industry 54.3%.


Return on Equity

High ROE: EURO's Return on Equity (23.2%) is considered high.


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Financial Health

How is Eurocon Consulting's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EURO's short term assets (SEK118.0M) exceed its short term liabilities (SEK78.1M).

Long Term Liabilities: EURO's short term assets (SEK118.0M) exceed its long term liabilities (SEK10.2M).


Debt to Equity History and Analysis

Debt Level: EURO has more cash than its total debt.

Reducing Debt: EURO's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.

Debt Coverage: EURO's debt is well covered by operating cash flow (929.8%).

Interest Coverage: EURO's interest payments on its debt are well covered by EBIT (70.2x coverage).


Balance Sheet


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Dividend

What is Eurocon Consulting current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.26%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EURO's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Swedish market (1.46%).

High Dividend: EURO's dividend (5.26%) is low compared to the top 25% of dividend payers in the Swedish market (5.37%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.2%), EURO's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (54.5%), EURO's dividend payments are covered by cash flows.


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Management

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

7.1yrs

Average board tenure


CEO

Peter Johansson (65 yo)

14.33yrs

Tenure

kr1,716,000

Compensation

Mr. Peter Johansson has been the Chief Executive Officer of Eurocon Consulting AB (publ) since April 2008 and serves as its President.


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Peter's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: EURO's board of directors are considered experienced (7.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EURO insiders have only sold shares 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

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


Key Information

  • Name: Eurocon Consulting AB (publ)
  • Ticker: EURO
  • Exchange: NGM
  • Founded: 1990
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: kr331.567m
  • Shares outstanding: 43.63m
  • Website: https://www.eurocon.se

Number of Employees


Location

  • Eurocon Consulting AB (publ)
  • Hörneborgsvägen 6
  • Domsjö
  • Örnsköldsvik
  • Västernorrland County
  • 892 50
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.