OM:COOR

Stock Analysis Report

Coor Service Management Holding

Executive Summary

Coor Service Management Holding AB provides facilities management services.

Rewards

Trading at 57.6% below its fair value

Earnings are forecast to grow 25.88% per year

Earnings grew by 55% over the past year

Risk Analysis

Dividend of 4.98% is not well covered by earnings or forecast to be in the next 3 years

Has a high level of debt



Snowflake Analysis

Solid track record with moderate growth potential.


Similar Companies

Share Price & News

How has Coor Service Management Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: COOR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.9%

COOR

3.1%

SE Commercial Services

1.9%

SE Market


1 Year Return

16.4%

COOR

20.1%

SE Commercial Services

24.0%

SE Market

Return vs Industry: COOR underperformed the Swedish Commercial Services industry which returned 20.1% over the past year.

Return vs Market: COOR underperformed the Swedish Market which returned 24% over the past year.


Shareholder returns

COORIndustryMarket
7 Day1.9%3.1%1.9%
30 Day4.7%2.1%-0.04%
90 Day2.9%9.5%7.8%
1 Year21.9%16.4%23.8%20.1%29.2%24.0%
3 Year82.7%55.4%23.6%12.8%34.2%13.6%
5 Yearn/a72.0%47.1%63.5%28.3%

Price Volatility Vs. Market

How volatile is Coor Service Management Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Coor Service Management Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COOR (SEK80.4) is trading below our estimate of fair value (SEK189.48)

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


Price To Earnings Ratio

PE vs Industry: COOR is poor value based on its PE Ratio (45.6x) compared to the Commercial Services industry average (18.2x).

PE vs Market: COOR is poor value based on its PE Ratio (45.6x) compared to the Swedish market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: COOR is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: COOR is overvalued based on its PB Ratio (3.9x) compared to the SE Commercial Services industry average (1.8x).


Next Steps

Future Growth

How is Coor Service Management Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

25.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COOR's forecast earnings growth (25.9% per year) is above the savings rate (-0.4%).

Earnings vs Market: COOR's earnings (25.9% per year) are forecast to grow faster than the Swedish market (9.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: COOR's revenue (3.5% per year) is forecast to grow slower than the Swedish market (4.4% per year).

High Growth Revenue: COOR's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COOR's Return on Equity is forecast to be low in 3 years time (17%).


Next Steps

Past Performance

How has Coor Service Management Holding performed over the past 5 years?

37.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COOR has high quality earnings.

Growing Profit Margin: COOR's current net profit margins (1.7%) are higher than last year (1.2%).


Past Earnings Growth Analysis

Earnings Trend: COOR has become profitable over the past 5 years, growing earnings by 37.5% per year.

Accelerating Growth: COOR's earnings growth over the past year (55%) exceeds its 5-year average (37.5% per year).

Earnings vs Industry: COOR earnings growth over the past year (55%) exceeded the Commercial Services industry 5.9%.


Return on Equity

High ROE: COOR's Return on Equity (8.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Coor Service Management Holding's financial position?


Financial Position Analysis

Short Term Liabilities: COOR's short term assets (SEK2.2B) do not cover its short term liabilities (SEK2.4B).

Long Term Liabilities: COOR's short term assets (SEK2.2B) do not cover its long term liabilities (SEK2.3B).


Debt to Equity History and Analysis

Debt Level: COOR's debt to equity ratio (99.7%) is considered high.

Reducing Debt: COOR's debt to equity ratio has reduced from 229.1% to 99.7% over the past 5 years.

Debt Coverage: COOR's debt is well covered by operating cash flow (31.5%).

Interest Coverage: COOR's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet

Inventory Level: COOR has a low level of unsold assets or inventory.

Debt Coverage by Assets: COOR's debt is covered by short term assets (assets are 1.1x debt).


Next Steps

Dividend

What is Coor Service Management Holding's current dividend yield, its reliability and sustainability?

4.98%

Current Dividend Yield


Dividend Yield vs Market

company5.0%marketbottom25%1.6%markettop25%4.7%industryaverage3.0%forecastin3Years6.0%

Current dividend yield vs market & industry

Notable Dividend: COOR's dividend (4.98%) is higher than the bottom 25% of dividend payers in the Swedish market (1.61%).

High Dividend: COOR's dividend (4.98%) is in the top 25% of dividend payers in the Swedish market (4.75%)


Stability and Growth of Payments

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

Growing Dividend: COOR's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (113.3%), COOR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COOR's dividends in 3 years are not forecast to be well covered by earnings (122.4% payout ratio).


Next Steps

Management

What is the CEO of Coor Service Management Holding's salary, the management and board of directors tenure and is there insider trading?

6.9yrs

Average management tenure


CEO

Mikael Stöhr (49yo)

6.9yrs

Tenure

kr10,700,000

Compensation

Mr. Mikael Stöhr has been the Chief Executive Officer and President of Coor Service Management Holding AB since 2013. Mr. Stöhr served as the Chief Executive Officer of Green Cargo Ab from April 19, 2010 t ...


CEO Compensation Analysis

Compensation vs Market: Mikael's total compensation ($USD1.12M) is above average for companies of similar size in the Swedish market ($USD585.31K).

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


Management Age and Tenure

6.9yrs

Average Tenure

51yo

Average Age

Experienced Management: COOR's management team is seasoned and experienced (6.9 years average tenure).


Board Age and Tenure

4.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: COOR's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buykr228,33327 May 19
Erik Strümpel
EntityIndividual
Role
Chief Legal Officer
Chief Legal Counsel
Shares2,751
Max Pricekr83.00
Buykr240,76522 May 19
Marcus Karsten
EntityIndividual
Shares2,750
Max Pricekr87.55
Sellkr699,00022 Dec 18
Mats Jönsson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max Pricekr69.90

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Rikard Wannerholt (57yo)

    Senior Vice President of Operations Development

    • Tenure: 6.9yrs
  • Jørgen Utzon (58yo)

    President of Denmark

    • Tenure: 18.9yrs
  • Mikael Stöhr (49yo)

    President

    • Tenure: 6.9yrs
    • Compensation: kr10.70m
  • AnnaCarin Grandin (52yo)

    President of Sweden

    • Tenure: 3.9yrs
  • Erik Strümpel (49yo)

    Chief Legal Counsel

    • Tenure: 13.9yrs
  • Jens Rasmussen (51yo)

    Senior Vice President of Business Development & Sales

    • Tenure: 10.9yrs
  • Nikolai Utheim (44yo)

    President of Norway

    • Tenure: 3.7yrs
  • Klas Elmberg (45yo)

    CFO & IR Director

    • Tenure: 0.3yrs
  • Ylva Berg

    Head of Digital Development

    • Tenure: 0yrs
  • Magdalena Öhrn (53yo)

    Communications Director

    • Tenure: 1.9yrs

Board Members

  • Monica Lindstedt (66yo)

    Director

    • Tenure: 4.5yrs
    • Compensation: kr307.00k
  • Mats Granryd (57yo)

    Chairman

    • Tenure: 2.6yrs
    • Compensation: kr902.00k
  • Kristina Schauman (54yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: kr457.00k
  • Mats Jönsson (62yo)

    Director

    • Tenure: 19.9yrs
    • Compensation: kr332.00k
  • Mikael Stöhr (49yo)

    President

    • Tenure: 6.9yrs
    • Compensation: kr10.70m
  • Heidi Skaaret (58yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: kr357.00k
  • Anders Ehrling (60yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: kr332.00k
  • Glenn Evans (60yo)

    Employee Representative Director

    • Tenure: 6.9yrs
  • Rikard Milde (52yo)

    Employee Representative Deputy Director

    • Tenure: 3.9yrs
  • Linus Johansson (30yo)

    Director

    • Tenure: 1.7yrs

Company Information

Coor Service Management Holding AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coor Service Management Holding AB
  • Ticker: COOR
  • Exchange: OM
  • Founded: 1998
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: kr7.676b
  • Shares outstanding: 95.47m
  • Website: https://www.coor.com

Number of Employees


Location

  • Coor Service Management Holding AB
  • Knarrarnäsgatan 7
  • Kista
  • Stockholm County
  • 164 99
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COOROM (OMX Nordic Exchange Stockholm)YesNew Ordinary SharesSESEKJun 2015
COEDB (Deutsche Boerse AG)YesNew Ordinary SharesDEEURJun 2015
0R8QLSE (London Stock Exchange)YesNew Ordinary SharesGBSEKJun 2015
COORSBATS-CHIXE (BATS 'Chi-X Europe')YesNew Ordinary SharesGBSEKJun 2015

Biography

Coor Service Management Holding AB provides facilities management services. The company offers property services, such as administrative and financial management, damage control and repair, energy optimiza ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 21:56
End of Day Share Price2019/12/09 00:00
Earnings2019/09/30
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.