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Hifab Group

OM:HIFA B
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HIFA B
OM
SEK161M
Market Cap
  1. Home
  2. SE
  3. Commercial Services
Company description

Hifab Group AB (publ), together with its subsidiaries, provides project management and consulting services in Sweden and internationally. The last earnings update was 15 days ago. More info.


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HIFA B Share Price and Events
7 Day Returns
-2.9%
OM:HIFA B
1.4%
SE Professional Services
1%
SE Market
1 Year Returns
-9.6%
OM:HIFA B
3.2%
SE Professional Services
5.7%
SE Market
HIFA B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hifab Group (HIFA B) -2.9% 5.6% 8.2% -9.6% -4.7% -64.3%
SE Professional Services 1.4% -0.4% 8.6% 3.2% 23.6% 38.6%
SE Market 1% 6.1% 11.3% 5.7% 15.9% 26%
1 Year Return vs Industry and Market
  • HIFA B underperformed the Professional Services industry which returned 3.2% over the past year.
  • HIFA B underperformed the Market in Sweden which returned 5.7% over the past year.
Price Volatility
HIFA B
Industry
5yr Volatility vs Market

HIFA B Value

 Is Hifab Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hifab Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hifab Group.

OM:HIFA B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.9%
Perpetual Growth Rate 10-Year SE Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OM:HIFA B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.86 (1 + (1- 22%) (3.74%))
0.923
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (0.923 * 5.96%)
5.94%

Discounted Cash Flow Calculation for OM:HIFA B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hifab Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OM:HIFA B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 5.94%)
2019 15.00 Analyst x1 14.16
2020 15.00 Analyst x1 13.37
2021 16.00 Analyst x1 13.46
2022 16.74 Est @ 4.65% 13.30
2023 17.31 Est @ 3.38% 12.98
2024 17.74 Est @ 2.5% 12.55
2025 18.08 Est @ 1.88% 12.07
2026 18.34 Est @ 1.45% 11.56
2027 18.55 Est @ 1.14% 11.04
2028 18.72 Est @ 0.93% 10.52
Present value of next 10 years cash flows SEK125.00
OM:HIFA B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK18.72 × (1 + 0.43%) ÷ (5.94% – 0.43%)
SEK341.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK341.80 ÷ (1 + 5.94%)10
SEK192.03
OM:HIFA B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK125.00 + SEK192.03
SEK317.04
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK317.04 / 60.84
SEK5.21
OM:HIFA B Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK5.21
Current discount Discount to share price of SEK2.64
= -1 x (SEK2.64 - SEK5.21) / SEK5.21
49.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hifab Group is available for.
Intrinsic value
49%
Share price is SEK2.64 vs Future cash flow value of SEK5.21
Current Discount Checks
For Hifab Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hifab Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hifab Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hifab Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hifab Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:HIFA B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK0.15
OM:HIFA B Share Price ** OM (2019-04-25) in SEK SEK2.64
Sweden Professional Services Industry PE Ratio Median Figure of 11 Publicly-Listed Professional Services Companies 15.43x
Sweden Market PE Ratio Median Figure of 322 Publicly-Listed Companies 17.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hifab Group.

OM:HIFA B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:HIFA B Share Price ÷ EPS (both in SEK)

= 2.64 ÷ 0.15

17.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hifab Group is overvalued based on earnings compared to the SE Professional Services industry average.
  • Hifab Group is overvalued based on earnings compared to the Sweden market.
Price based on expected Growth
Does Hifab Group's expected growth come at a high price?
Raw Data
OM:HIFA B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
17.1%per year
Sweden Professional Services Industry PEG Ratio Median Figure of 8 Publicly-Listed Professional Services Companies 1.08x
Sweden Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

OM:HIFA B PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.31x ÷ 17.1%

1.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hifab Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Hifab Group's assets?
Raw Data
OM:HIFA B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK1.28
OM:HIFA B Share Price * OM (2019-04-25) in SEK SEK2.64
Sweden Professional Services Industry PB Ratio Median Figure of 14 Publicly-Listed Professional Services Companies 2.37x
Sweden Market PB Ratio Median Figure of 566 Publicly-Listed Companies 2.51x
OM:HIFA B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:HIFA B Share Price ÷ Book Value per Share (both in SEK)

= 2.64 ÷ 1.28

2.07x

* Primary Listing of Hifab Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hifab Group is good value based on assets compared to the SE Professional Services industry average.
X
Value checks
We assess Hifab Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Hifab Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HIFA B Future Performance

 How is Hifab Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hifab Group expected to grow at an attractive rate?
  • Hifab Group's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Hifab Group's earnings growth is expected to exceed the Sweden market average.
  • Hifab Group's revenue growth is positive but not above the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:HIFA B Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:HIFA B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 17.1%
OM:HIFA B Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2.9%
Sweden Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 21.3%
Sweden Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 13.6%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.4%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:HIFA B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:HIFA B Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 436 16 17 1
2020-12-31 419 16 16 1
2019-12-31 401 15 14 1
OM:HIFA B Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 402 9 9
2018-09-30 418 5 14
2018-06-30 423 6 13
2018-03-31 431 2 11
2017-12-31 444 7 13
2017-09-30 458 4 11
2017-06-30 478 18 11
2017-03-31 488 6 11
2016-12-31 475 -3 6
2016-09-30 465 -59 -59
2016-06-30 448 -85 -62
2016-03-31 441 -73 -66

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hifab Group's earnings are expected to grow by 17.1% yearly, however this is not considered high growth (20% yearly).
  • Hifab Group's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:HIFA B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Hifab Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:HIFA B Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.27 0.27 0.27 1.00
2020-12-31 0.26 0.26 0.26 1.00
2019-12-31 0.23 0.23 0.23 1.00
OM:HIFA B Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 0.15
2018-09-30 0.22
2018-06-30 0.22
2018-03-31 0.18
2017-12-31 0.21
2017-09-30 0.22
2017-06-30 0.18
2017-03-31 0.17
2016-12-31 0.10
2016-09-30 -0.97
2016-06-30 -1.45
2016-03-31 -2.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Hifab Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Hifab Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hifab Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HIFA B Past Performance

  How has Hifab Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hifab Group's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hifab Group's year on year earnings growth rate has been positive over the past 5 years.
  • Hifab Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Hifab Group's 1-year earnings growth is negative, it can't be compared to the SE Professional Services industry average.
Earnings and Revenue History
Hifab Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hifab Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:HIFA B Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 401.71 9.28 228.21
2018-09-30 418.20 13.64 228.72
2018-06-30 423.00 13.44 230.02
2018-03-31 430.60 11.04 232.72
2017-12-31 444.10 13.04 233.64
2017-09-30 458.34 11.36 234.16
2017-06-30 477.64 11.26 233.26
2017-03-31 488.44 11.16 229.36
2016-12-31 474.94 5.56 229.96
2016-09-30 465.31 -58.66 236.80
2016-06-30 447.71 -61.56 242.60
2016-03-31 440.51 -66.26 253.00
2015-12-31 444.31 -65.46 263.10
2015-09-30 446.37 -3.64 253.43
2015-06-30 452.47 -0.74 256.23
2015-03-31 470.27 5.16 262.43
2014-12-31 479.37 10.26 265.33
2014-09-30 481.45 13.43 266.90
2014-06-30 487.15 15.63 268.90
2014-03-31 475.25 13.33 269.20
2013-12-31 460.25 10.43 262.50
2013-09-30 450.94 6.61 260.12
2013-06-30 439.14 7.31 253.72
2013-03-31 424.84 11.51 241.02
2012-12-31 418.14 16.51 234.22
2012-09-30 408.09 20.84 222.44
2012-06-30 397.49 19.24 217.14

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hifab Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hifab Group used its assets less efficiently than the SE Professional Services industry average last year based on Return on Assets.
  • Hifab Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Hifab Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hifab Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HIFA B Health

 How is Hifab Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hifab Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hifab Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hifab Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hifab Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 24.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hifab Group Company Filings, last reported 3 months ago.

OM:HIFA B Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 77.69 6.00 32.79
2018-09-30 76.20 7.00 20.40
2018-06-30 75.60 8.00 28.00
2018-03-31 79.60 9.00 28.60
2017-12-31 76.16 10.00 33.64
2017-09-30 70.20 12.00 28.50
2017-06-30 69.90 12.00 33.50
2017-03-31 68.30 13.00 30.30
2016-12-31 63.01 14.00 30.55
2016-09-30 58.90 15.00 29.50
2016-06-30 58.50 16.00 21.90
2016-03-31 57.00 17.00 30.80
2015-12-31 57.36 68.20 69.41
2015-09-30 64.10 0.60 23.10
2015-06-30 66.40 1.00 40.60
2015-03-31 82.00 1.40 49.50
2014-12-31 81.67 1.80 48.89
2014-09-30 80.20 2.20 31.90
2014-06-30 79.80 2.60 46.00
2014-03-31 83.30 3.00 39.00
2013-12-31 77.61 3.40 43.24
2013-09-30 72.60 3.80 16.20
2013-06-30 70.10 4.20 40.30
2013-03-31 84.90 4.60 43.80
2012-12-31 82.27 5.00 57.17
2012-09-30 81.00 5.40 35.00
2012-06-30 77.80 5.80 38.50
  • Hifab Group's level of debt (7.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (4.4% vs 7.7% today).
  • Debt is well covered by operating cash flow (155.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 48.3x coverage).
X
Financial health checks
We assess Hifab Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hifab Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HIFA B Dividends

 What is Hifab Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.55%
Current annual income from Hifab Group dividends. Estimated to be 6.31% next year.
If you bought SEK2,000 of Hifab Group shares you are expected to receive SEK91 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hifab Group's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.84%).
  • Hifab Group's dividend is above the markets top 25% of dividend payers in Sweden (4.33%).
Upcoming dividend payment

Purchase Hifab Group before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:HIFA B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Sweden Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 3%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 245 Stocks 3.5%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.8%
Sweden Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OM:HIFA B Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.20 1.00
2020-12-31 0.20 1.00
2019-12-31 0.10 1.00
OM:HIFA B Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-04-10 0.120 4.640
2019-02-20 0.120 4.723
2018-04-11 0.120 4.600
2018-02-21 0.120 3.982
2016-11-08 0.000 0.000
2016-08-23 0.000 0.000
2016-05-10 0.000 0.000
2016-03-31 0.000 0.000
2016-02-23 0.000 0.000
2015-03-31 0.400 9.378
2015-02-25 0.400 5.774
2014-04-11 0.200 2.777
2014-02-27 0.200 2.805
2013-04-12 0.500 6.075
2013-02-28 0.500 5.872
2012-04-02 0.400 5.989
2012-02-23 0.400 7.893
2011-03-31 0.200 4.965
2011-02-24 0.200 4.690

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hifab Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Hifab Group has only been paying a dividend for 8 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Hifab Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Hifab Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hifab Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hifab Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HIFA B Management

 What is the CEO of Hifab Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Patrik Schelin
COMPENSATION SEK3,152,000
AGE 54
TENURE AS CEO 3.1 years
CEO Bio

Mr. Patrik Schelin has been Chief Executive Officer, President and Managing Director of Hifab Group AB (Publ) since March 01, 2016 and has been Market Area Manager Mid since January 2019. Mr. Schelin joined Hifab Group from engineering consultancy Ramboll, where he worked for 16 years and later a Division Manager for Transport in Sweden, including Infrastructure and Planning.

CEO Compensation
  • Patrik's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Patrik's remuneration is higher than average for companies of similar size in Sweden.
Management Team

Patrik Schelin

TITLE
CEO, President
COMPENSATION
SEK3M
AGE
54
TENURE
3.1 yrs

Elisabeth Brattlund

TITLE
Chief Financial Officer
COMPENSATION
SEK374K
TENURE
13.7 yrs

Malin Sandkulla

TITLE
Human Resources Director

Erwin Leichte

TITLE
Executive
Board of Directors Tenure

Average tenure and age of the Hifab Group board of directors in years:

1.9
Average Tenure
50
Average Age
  • The average tenure for the Hifab Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rikard Appelgren

TITLE
Chairman of the Board
COMPENSATION
SEK148K
AGE
53
TENURE
1.9 yrs

Tomas Hermansson

TITLE
Director
COMPENSATION
SEK60K
AGE
50
TENURE
1.9 yrs

Goran Ingelhammar

TITLE
Employee Representative Director
AGE
62
TENURE
2.3 yrs

Henrik Hederfors

TITLE
Employee Representative Director
AGE
47
TENURE
2.3 yrs

Carl Östring

TITLE
Director
AGE
44
TENURE
1.3 yrs

Karin Parö

TITLE
Director
AGE
57
TENURE
1.3 yrs

Jessica Petrini

TITLE
Director
AGE
47
TENURE
1.3 yrs

Jonas Santesson

TITLE
Alternate Employee Representative Director
AGE
39
TENURE
2.3 yrs

Susanne Wehinger-kling

TITLE
Alternate Employee Representative Director
AGE
63
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
04. Dec 18 Sell Per Ångquist Individual 03. Dec 18 03. Dec 18 -90,000 SEK2.56 SEK-230,400
X
Management checks
We assess Hifab Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hifab Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HIFA B News

Simply Wall St News

Why Hifab Group AB (publ)'s (STO:HIFA B) CEO Pay Matters To You

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Patrik Schelin's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Hifab Group AB (publ) has a market cap of kr163m, and is paying total annual CEO compensation of kr3.2m.

Simply Wall St -

What Does Hifab Group AB (publ)'s (STO:HIFA B) P/E Ratio Tell You?

We'll look at Hifab Group AB (publ)'s (STO:HIFA B) P/E ratio and reflect on what it tells us about the company's share price. … Hifab Group has a P/E ratio of 17.07, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Should We Be Cautious About Hifab Group AB (publ)'s (STO:HIFA B) ROE Of 12%?

Hifab Group has a ROE of 12%, based on the last twelve months. … View our latest analysis for Hifab Group? … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Will Hifab Group AB (publ)'s (STO:HIFA B) Earnings Grow Over The Next Year?

Looking at Hifab Group AB (publ)'s (STO:HIFA B) earnings update on 31 December 2018, … it seems that analyst forecasts are substantially optimistic, … with earnings expected to grow by a high double-digit of 53% in the upcoming year,

Simply Wall St -

Hifab Group AB (publ) (STO:HIFA B): What's The Analyst Consensus Outlook?

In December 2018, Hifab Group AB (publ) (STO:HIFA B) released its most recent earnings announcement, whicha

Simply Wall St -

If You Had Bought Hifab Group Stock Five Years Ago, You'd Be Sitting On A 63% Loss, Today

One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Most would consider that to be a good thing, so it's counter-intuitive to see the share price declining. … We note that the dividend has fallen in the last five years, so that may have contributed to the share price decline.

Simply Wall St -

HIFA B Company Info

Description

Hifab Group AB (publ), together with its subsidiaries, provides project management and consulting services in Sweden and internationally. It offers project management services in the building, construction, environment, energy, real estate, and process technology sectors. The company was founded in 1947 and is headquartered in Stockholm, Sweden.

Details
Name: Hifab Group AB (publ)
HIFA B
Exchange: OM
Founded: 1947
SEK160,614,727
60,838,912
Website: http://www.hifab.se
Address: Hifab Group AB (publ)
Sveavägen 167,
3rd floor,
Stockholm,
Stockholm County, 104 32,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM HIFA B Class B Shares OMX Nordic Exchange Stockholm SE SEK 24. Sep 2008
Number of employees
Current staff
Staff numbers
310
Hifab Group employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 20:35
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/02/26
Last earnings filing: 2019/04/10
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.