OM:LAMM B

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Executive Summary

Lammhults Design Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells office and home, and public interiors in Sweden and internationally. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Lammhults Design Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-10.9%

LAMM B

-7.9%

SE Commercial Services

-6.0%

SE Market


1 Year Return

-42.4%

LAMM B

-15.7%

SE Commercial Services

6.2%

SE Market

Return vs Industry: LAMM B underperformed the Swedish Commercial Services industry which returned -12.2% over the past year.

Return vs Market: LAMM B underperformed the Swedish Market which returned 9.8% over the past year.


Shareholder returns

LAMM BIndustryMarket
7 Day-10.9%-7.9%-6.0%
30 Day-6.7%-5.5%-6.3%
90 Day-7.2%1.0%1.7%
1 Year-41.4%-42.4%-13.9%-15.7%8.0%6.2%
3 Year-29.7%-35.3%-5.9%-13.4%22.4%9.3%
5 Year5.1%-9.2%13.1%-2.4%45.6%17.4%

Price Volatility Vs. Market

How volatile is Lammhults Design Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lammhults Design Group 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: LAMM B (SEK33.1) is trading below our estimate of fair value (SEK100.15)

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


Price To Earnings Ratio

PE vs Industry: LAMM B is good value based on its PE Ratio (16.4x) compared to the SE Commercial Services industry average (22.2x).

PE vs Market: LAMM B is good value based on its PE Ratio (16.4x) compared to the Swedish market (21.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LAMM B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LAMM B is good value based on its PB Ratio (0.6x) compared to the SE Commercial Services industry average (1.7x).


Next Steps

Future Growth

How is Lammhults Design Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.7%

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 Lammhults Design Group 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.


Next Steps

Past Performance

How has Lammhults Design Group performed over the past 5 years?

1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LAMM B has a large one-off loss of SEK21.8M impacting its September 30 2020 financial results.

Growing Profit Margin: LAMM B's current net profit margins (1.9%) are lower than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: LAMM B's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: LAMM B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LAMM B had negative earnings growth (-47.3%) over the past year, making it difficult to compare to the Commercial Services industry average (-1.4%).


Return on Equity

High ROE: LAMM B's Return on Equity (3.6%) is considered low.


Next Steps

Financial Health

How is Lammhults Design Group's financial position?


Financial Position Analysis

Short Term Liabilities: LAMM B's short term assets (SEK285.7M) exceed its short term liabilities (SEK254.9M).

Long Term Liabilities: LAMM B's short term assets (SEK285.7M) exceed its long term liabilities (SEK109.2M).


Debt to Equity History and Analysis

Debt Level: LAMM B's debt to equity ratio (20.8%) is considered satisfactory.

Reducing Debt: LAMM B's debt to equity ratio has reduced from 28% to 20.8% over the past 5 years.

Debt Coverage: LAMM B's debt is well covered by operating cash flow (82%).

Interest Coverage: LAMM B's interest payments on its debt are well covered by EBIT (12.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Lammhults Design Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LAMM B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LAMM B'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 LAMM B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LAMM B's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: LAMM B is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LAMM B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

1.5yrs

Average board tenure


CEO

Sofia Svensson (42 yo)

2.08yrs

Tenure

kr3,692,000

Compensation

Ms. Sofia Svensson served as Vice President and Chief Financial Officer for Midway Holding AB until September 2019. Ms. Svensson served as the Head of Business Development at Midway Holding AB. She has bee ...


CEO Compensation Analysis

Compensation vs Market: Sofia's total compensation ($USD417.52K) is above average for companies of similar size in the Swedish market ($USD234.67K).

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


Board Members

NamePositionTenureCompensationOwnership
Maria Arvidsson Bergving
Independent Director5.75yrskr190.00k0.0059%
SEK 16.6k
Susanna Hilleskog
Independent Director1.5yrskr190.00kno data
Peter Conradsson
Chairman of the Boardno datakr190.00k21.65%
SEK 60.5m
Stina Wickström
Independent Director1.5yrskr190.00kno data
Anna Stalenbring
Independent Director0.75yrno datano data
Stefan Persson
Independent Director0.75yrno datano data

1.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: LAMM B's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

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


Top Shareholders

Company Information

Lammhults Design Group AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lammhults Design Group AB (publ)
  • Ticker: LAMM B
  • Exchange: OM
  • Founded: 1945
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: kr279.632m
  • Shares outstanding: 8.45m
  • Website: https://www.lammhultsdesigngroup.com

Number of Employees


Location

  • Lammhults Design Group AB (publ)
  • Lammengatan 2
  • Box 75
  • Lammhult
  • Kronoberg County
  • 363 03
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LAMM BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKJun 1997
0J6WLSE (London Stock Exchange)YesClass B SharesGBSEKJun 1997
LAMMBSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKJun 1997

Biography

Lammhults Design Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells office and home, and public interiors in Sweden and internationally. It operates through Public ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 21:03
End of Day Share Price2020/10/29 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.