Market Cap
kr35.8b
Last Updated
2020/01/23 20:43 UTC
Data Sources
Company Financials +
Executive Summary
Intrum AB (publ), together with its subsidiaries, provides credit management and financial services in Europe and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Intrum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INTRUM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.2%
INTRUM
-2.1%
SE Commercial Services
-1.0%
SE Market
1 Year Return
17.0%
INTRUM
16.9%
SE Commercial Services
23.4%
SE Market
Return vs Industry: INTRUM underperformed the Swedish Commercial Services industry which returned 18.4% over the past year.
Return vs Market: INTRUM underperformed the Swedish Market which returned 26.1% over the past year.
Shareholder returns
| INTRUM | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -2.1% | -1.0% |
| 30 Day | -2.0% | -3.6% | 0.7% |
| 90 Day | 1.8% | 0.2% | 5.8% |
| 1 Year | 21.5%17.0% | 20.5%16.9% | 28.6%23.4% |
| 3 Year | -1.1%-11.3% | 15.8%5.7% | 36.4%15.4% |
| 5 Year | 48.0%25.3% | 54.8%32.7% | 52.0%19.4% |
Price Volatility Vs. Market
How volatile is Intrum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Intrum AB (publ)'s (STO:INTRUM) 3.4% Dividend Yield Looks Pretty Interesting3 weeks ago | Simply Wall St
Do You Know What Intrum AB (publ)'s (STO:INTRUM) P/E Ratio Means?1 month ago | Simply Wall St
Does Intrum (STO:INTRUM) Deserve A Spot On Your Watchlist?Valuation
Is Intrum 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: INTRUM (SEK275.8) is trading below our estimate of fair value (SEK1654.13)
Significantly Below Fair Value: INTRUM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INTRUM is good value based on its PE Ratio (14.1x) compared to the Commercial Services industry average (17.3x).
PE vs Market: INTRUM is good value based on its PE Ratio (14.1x) compared to the Swedish market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: INTRUM is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: INTRUM is good value based on its PB Ratio (1.4x) compared to the SE Commercial Services industry average (1.8x).
Next Steps
Future Growth
How is Intrum forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
26.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INTRUM's forecast earnings growth (26.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: INTRUM's earnings (26.5% per year) are forecast to grow faster than the Swedish market (9.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: INTRUM's revenue (13.1% per year) is forecast to grow faster than the Swedish market (4.4% per year).
High Growth Revenue: INTRUM's revenue (13.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INTRUM's Return on Equity is forecast to be low in 3 years time (14%).
Next Steps
Past Performance
How has Intrum performed over the past 5 years?
18.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INTRUM has high quality earnings.
Growing Profit Margin: INTRUM's current net profit margins (17.3%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: INTRUM's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: INTRUM's earnings growth over the past year (35.5%) exceeds its 5-year average (18.5% per year).
Earnings vs Industry: INTRUM earnings growth over the past year (35.5%) exceeded the Commercial Services industry 5.9%.
Return on Equity
High ROE: INTRUM's Return on Equity (9.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Intrum's financial position?
Financial Position Analysis
Short Term Liabilities: INTRUM's short term assets (SEK10.5B) exceed its short term liabilities (SEK9.3B).
Long Term Liabilities: INTRUM's short term assets (SEK10.5B) do not cover its long term liabilities (SEK48.6B).
Debt to Equity History and Analysis
Debt Level: INTRUM's debt to equity ratio (177.1%) is considered high.
Reducing Debt: INTRUM's debt to equity ratio has increased from 175.7% to 177.1% over the past 5 years.
Debt Coverage: INTRUM's debt is not well covered by operating cash flow (13%).
Interest Coverage: INTRUM's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Inventory Level: INTRUM has a low level of unsold assets or inventory.
Debt Coverage by Assets: INTRUM's debt is not covered by short term assets (assets are 0.2x debt).
Next Steps
Dividend
What is Intrum's current dividend yield, its reliability and sustainability?
3.48%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: INTRUM's dividend (3.44%) is higher than the bottom 25% of dividend payers in the Swedish market (1.57%).
High Dividend: INTRUM's dividend (3.44%) is low compared to the top 25% of dividend payers in the Swedish market (4.45%).
Stability and Growth of Payments
Stable Dividend: INTRUM's dividends per share have been stable in the past 10 years.
Growing Dividend: INTRUM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.5%), INTRUM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: INTRUM's dividends in 3 years are forecast to be well covered by earnings (49.5% payout ratio).
Next Steps
Management
What is the CEO of Intrum's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average management tenure
CEO
Mikael Ericson (59yo)
3.8yrs
Tenure
kr13,131,000
Compensation
Mr. Mikael Ericson has been Chief Executive Officer and President of Lindorff Group AB since June 2017. Mr. Ericson has been the Chief Executive Officer and President of Intrum Justitia AB since March 1, 2 ...
CEO Compensation Analysis
Compensation vs Market: Mikael's total compensation ($USD1.39M) is above average for companies of similar size in the Swedish market ($USD1.01M).
Compensation vs Earnings: Mikael's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.6yrs
Average Tenure
49.5yo
Average Age
Experienced Management: INTRUM's management team is considered experienced (2.6 years average tenure).
Board Age and Tenure
2.5yrs
Average Tenure
54yo
Average Age
Experienced Board: INTRUM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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
| Entity | Individual |
| Role | Chief Executive Officer CEO & President |
| Shares | 500 |
| Max Price | kr251.73 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & President |
| Shares | 1,000 |
| Max Price | kr250.53 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 4,000 |
| Max Price | kr242.94 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & President |
| Shares | 2,000 |
| Max Price | kr245.00 |
| Entity | Individual |
| Shares | 40,000 |
| Max Price | kr278.50 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Mats Gustafsson
Acting Regional Managing Director of Scandinavia and Director of Group Business Development
- Tenure: 11.3yrs
Mikael Ericson (59yo)
CEO & President
- Tenure: 3.8yrs
- Compensation: kr13.13m
Niklas Lundquist (49yo)
Chief Legal Officer
- Tenure: 2.6yrs
Per Christofferson (51yo)
Managing Director of Credit Management Services
Johan Brodin (51yo)
Chief Risk Officer & CTO
Harry Vranjes (49yo)
Chief Operating Officer
Jean-Luc Ferraton (46yo)
Chief Human Resources Officer
- Tenure: 7.8yrs
Anders Engdahl (45yo)
Chief Financial Officer
- Tenure: 0.7yrs
Anna Fall (50yo)
Chief Brand & Communications Officer
- Tenure: 1.3yrs
Viktor Lindeberg
Head of Investor Relations
- Tenure: 0.5yrs
Board Members
Kristoffer Melinder (48yo)
Director
- Tenure: 2.5yrs
- Compensation: kr600.00k
Per Larsson (58yo)
Chairman
- Tenure: 3yrs
- Compensation: kr1.31m
Magnus Yngen (61yo)
Deputy Chairman
- Tenure: 2.5yrs
- Compensation: kr700.00k
Ragnhild Wiborg (58yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: kr800.00k
Erik Näsvik (44yo)
Director
- Tenure: 3yrs
- Compensation: kr600.00k
Magdalena Persson (48yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: kr600.00k
Hans Torsten Larsson (58yo)
Independent Director
- Tenure: 2.5yrs
- Compensation: kr750.00k
Liv Fiksdahl (54yo)
Director
- Tenure: 0.8yrs
Andrés Rubio (51yo)
Director
- Tenure: 0.8yrs
Company Information
Intrum AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Intrum AB (publ)
- Ticker: INTRUM
- Exchange: OM
- Founded: 1923
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: kr35.786b
- Shares outstanding: 130.94m
- Website: https://www.intrum.com
Number of Employees
Location
- Intrum AB (publ)
- Hesselmans Torg 14
- Nacka
- Stockholm
- Stockholm County
- 105 24
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INTRUM | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Jun 2002 |
| 0H9P | LSE (London Stock Exchange) | Yes | Share Capital | GB | SEK | Jun 2002 |
| IJU | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Jun 2002 |
| ITJT.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Mar 2013 |
Biography
Intrum AB (publ), together with its subsidiaries, provides credit management and financial services in Europe and internationally. The company offers credit optimization services, including credit monitoring, credit decision, factoring, and credit information services; and debt collection, surveillance, and purchase services. It also provides payment services, such as reminder, payment guarantee, and VAT services; e-commerce services comprising credit management, payment solutions, and collection services; and accounts receivables services that include invoicing, payment booking, monitoring of due dates, reminder, and collection services; and factoring and portfolio investments. Intrum AB (publ) has strategic agreement with Piraeus Bank S.A. The company was formerly known as Intrum Justitia AB (publ). Intrum AB (publ) was founded in 1923 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 20:43 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.