Gunnebo AB (publ) develops and supplies security products, services, and software for banks, retail, mass transit, public and commercial buildings, and industrial and high-risk sites.
+ 3 more risks
Fair value with mediocre balance sheet.
Share Price & News
How has Gunnebo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GUNN's share price has been volatile over the past 3 months.
7 Day Return
SE Commercial Services
1 Year Return
SE Commercial Services
Return vs Industry: GUNN underperformed the Swedish Commercial Services industry which returned -21.1% over the past year.
Return vs Market: GUNN underperformed the Swedish Market which returned 6% over the past year.
Price Volatility Vs. Market
How volatile is Gunnebo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StA Sliding Share Price Has Us Looking At Gunnebo AB (publ)'s (STO:GUNN) P/E Ratio
3 months ago | Simply Wall StRobert Hermans Is The EVP & Deputy CEO and SVP Business Unit Entrance Control of Gunnebo AB (publ) (STO:GUNN) And They Just Spent kr203k On Shares
3 months ago | Simply Wall StIs Gunnebo AB (publ)'s (STO:GUNN) 3.1% ROE Worse Than Average?
Is Gunnebo undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GUNN (SEK18.82) is trading below our estimate of fair value (SEK66.12)
Significantly Below Fair Value: GUNN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GUNN is poor value based on its PE Ratio (49.3x) compared to the Commercial Services industry average (19.7x).
PE vs Market: GUNN is poor value based on its PE Ratio (49.3x) compared to the Swedish market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GUNN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GUNN is good value based on its PB Ratio (1.2x) compared to the SE Commercial Services industry average (1.5x).
How is Gunnebo forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gunnebo has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Gunnebo is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Gunnebo competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Gunnebo performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GUNN has a large one-off loss of SEK51.0M impacting its March 31 2020 financial results.
Growing Profit Margin: GUNN's current net profit margins (0.6%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: GUNN's earnings have declined by -18.8% per year over the past 5 years.
Accelerating Growth: GUNN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GUNN had negative earnings growth (-68.3%) over the past year, making it difficult to compare to the Commercial Services industry average (2.1%).
Return on Equity
High ROE: GUNN's Return on Equity (2.2%) is considered low.
How is Gunnebo's financial position?
Financial Position Analysis
Short Term Liabilities: GUNN's short term assets (SEK2.8B) exceed its short term liabilities (SEK1.6B).
Long Term Liabilities: GUNN's short term assets (SEK2.8B) exceed its long term liabilities (SEK2.4B).
Debt to Equity History and Analysis
Debt Level: GUNN's debt to equity ratio (126.8%) is considered high.
Reducing Debt: Insufficient data to determine if GUNN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GUNN's debt is not well covered by operating cash flow (17%).
Interest Coverage: GUNN's interest payments on its debt are well covered by EBIT (11.8x coverage).
What is Gunnebo current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GUNN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GUNN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GUNN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GUNN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GUNN is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GUNN's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stefan Syrén (54yo)
Mr. Stefan Syrén is President and CEO at Gunnebo AB (publ) since November 07, 2019 and serves as its SVP Business Unit Safe Storage since 2019 and also serves as its Senior Vice President of Business Uni ...
CEO Compensation Analysis
Compensation vs Market: Stefan's total compensation ($USD108.34K) is below average for companies of similar size in the Swedish market ($USD435.83K).
Compensation vs Earnings: Insufficient data to compare Stefan's compensation with company performance.
|EVP & Deputy CEO and SVP Business Unit Entrance Control||1.5yrs||kr837.00k||0.058% SEK1.0m|
|Chief Financial Officer||0.42yr||no data||0.016% SEK282.4k|
|Director of Investor Relations||no data||no data||no data|
|Senior Vice President of Human Resources & Sustainability||3.58yrs||no data||no data|
|Senior Vice President of Business Unit Cash Management||1.42yrs||no data||0.094% SEK1.7m|
Experienced Management: GUNN's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Independent Director||17.5yrs||kr500.00k||0.27% SEK4.8m|
|Independent Director||20.5yrs||kr315.00k||0.20% SEK3.6m|
|Independent Director||5.5yrs||kr320.00k||0.013% SEK225.5k|
|Independent Director||8.33yrs||kr255.00k||0.0039% SEK70.5k|
|Chairman of the Board||0.083yr||no data||no data|
|Employee Representative Director||1.5yrs||kr38.70k||no data|
|Independent Director||3.25yrs||kr270.00k||0.0039% SEK70.5k|
|Employee Representative Director||2.5yrs||no data||0.0013% SEK23.6k|
Experienced Board: GUNN's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GUNN insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25%.
Gunnebo AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Gunnebo AB (publ)
- Ticker: GUNN
- Exchange: OM
- Founded: 1764
- Industry: Security and Alarm Services
- Sector: Commercial Services
- Market Cap: kr1.798b
- Shares outstanding: 95.56m
- Website: https://www.gunnebo.com
Number of Employees
- Gunnebo AB (publ)
- PO Box 5181
- Västra Götaland County
- 402 26
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GUNN||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Dec 1993|
|0GNX||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Dec 1993|
|GUNNs||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Dec 1993|
Gunnebo AB (publ) develops and supplies security products, services, and software for banks, retail, mass transit, public and commercial buildings, and industrial and high-risk sites. It offers cash management solutions, such as closed cash handling terminals that replaces manual tills; cash deposit solutions, which enhance cash management and cash handling processes; cash recycling self-service terminals for managing notes and coins; and CashControl, a Web-based application that allows retailers and cash in transit to control the cash process in the stores. The company also provides entrance security solutions, including retail gates, tripod and full height turnstiles, speed gates, entrance gates, airport security gates, metro ticket gates, revolving doors, and security booths; integrated security solutions, such as security and interlocking doors, windows, partitions, and fire safety products, as well as electronic access control, intrusion detection, and video surveillance solutions; and safe storage solutions, including high security server cabinets, high security locks, automated and mechanical safe deposit lockers, strong rooms, vault doors, and safes. The company offers cash management solutions under the Gunnebo, sallén, and Hamilton brands; entrance control solutions under the Gunnebo and elkosta brands; safe storage solutions under the Chubbsafes, Rosengrens, Hamilton, Steelage, and Gunnebo brands; and integrated security solutions under the Gunnebo, Minimax, and gateway brands. It operates in Europe, the Middle East, Africa, the Asia Pacific, the Americas, and internationally. Gunnebo AB (publ) was founded in 1764 and is headquartered in Gothenburg, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 20:48|
|End of Day Share Price||2020/07/06 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.