OM:LOOM B

Stock Analysis Report

Executive Summary

Loomis AB (publ) provides solutions for the distribution, handling, storage, and recycling of cash and other valuables.

Snowflake

Fundamentals

Established dividend payer with adequate balance sheet.


Similar Companies

Share Price & News

How has Loomis's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.9%

LOOM B

2.8%

SE Commercial Services

3.1%

SE Market


1 Year Return

40.8%

LOOM B

14.7%

SE Commercial Services

13.7%

SE Market

Return vs Industry: LOOM B exceeded the Swedish Commercial Services industry which returned 14.7% over the past year.

Return vs Market: LOOM B exceeded the Swedish Market which returned 13.7% over the past year.


Shareholder returns

LOOM BIndustryMarket
7 Day1.9%2.8%3.1%
30 Day7.7%3.0%2.6%
90 Day13.9%-1.1%3.5%
1 Year45.0%40.8%18.2%14.7%18.5%13.7%
3 Year46.1%34.7%14.7%4.8%33.7%13.6%
5 Year107.4%80.2%73.3%47.3%64.2%29.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Loomis undervalued compared to its fair value and its price relative to the market?

35.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LOOM B (SEK370.4) is trading below our estimate of fair value (SEK576.81)

Significantly Below Fair Value: LOOM B is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: LOOM B is poor value based on its PE Ratio (17.9x) compared to the Commercial Services industry average (17.6x).

PE vs Market: LOOM B is poor value based on its PE Ratio (17.9x) compared to the Swedish market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: LOOM B is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: LOOM B is overvalued based on its PB Ratio (3.2x) compared to the SE Commercial Services industry average (1.7x).


Next Steps

Future Growth

How is Loomis forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOOM B's forecast earnings growth (13.5% per year) is above the savings rate (0.4%).

Earnings vs Market: LOOM B's earnings (13.5% per year) are forecast to grow faster than the Swedish market (8.8% per year).

High Growth Earnings: LOOM B's earnings are forecast to grow, but not significantly.

Revenue vs Market: LOOM B's revenue (9% per year) is forecast to grow faster than the Swedish market (4.5% per year).

High Growth Revenue: LOOM B's revenue (9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LOOM B's Return on Equity is forecast to be low in 3 years time (19.8%).


Next Steps

Past Performance

How has Loomis performed over the past 5 years?

13.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LOOM B's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: LOOM B's earnings growth over the past year (1.3%) is below its 5-year average (13.4% per year).

Earnings vs Industry: LOOM B earnings growth over the past year (1.3%) underperformed the Commercial Services industry 1.3%.


Return on Equity

High ROE: LOOM B's Return on Equity (18.1%) is considered low.


Return on Assets

ROA vs Industry: LOOM B has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: LOOM B's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Loomis's financial position?


Financial Position Analysis

Short Term Liabilities: LOOM B's short term assets (SEK5.7B) exceeds its short term liabilities (SEK4.9B)

Long Term Liabilities: LOOM B's short term assets (5.7B) do not cover its long term liabilities (9.1B)


Debt to Equity History and Analysis

Debt Level: LOOM B's debt to equity ratio (78.2%) is considered high

Reducing Debt: LOOM B's debt to equity ratio has reduced from 105.1% to 78.2% over the past 5 years.

Debt Coverage: LOOM B's debt is well covered by operating cash flow (48.5%).

Interest Coverage: LOOM B's interest payments on its debt are well covered by EBIT (16.9x coverage).


Balance Sheet

Inventory Level: LOOM B has a high level of physical assets or inventory.

Debt Coverage by Assets: LOOM B's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

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

2.70%

Current Dividend Yield


Dividend Yield vs Market

company2.7%marketbottom25%1.8%markettop25%4.7%industryaverage3.1%forecastin3Years3.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: LOOM B's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Swedish market (1.81%).

High Dividend: LOOM B's dividend (2.7%) is low compared to the top 25% of dividend payers in the Swedish market (4.7%).

Stable Dividend: LOOM B's dividends per share have been stable in the past 10 years.

Growing Dividend: LOOM B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.4%), LOOM B's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LOOM B's dividends in 3 years are forecast to be well covered by earnings (45.9% payout ratio).


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Patrik Andersson (56yo)

3.4yrs

Tenure

kr9,581,000

Compensation

Mr. Patrik Andersson has been Director of AAK AB (publ.) since May 15, 2019. He has been the Chief Executive Officer and President at Loomis AB since May 4, 2016. Mr. Andersson serves as the Chief Executiv ...


CEO Compensation Analysis

Compensation vs. Market: Patrik's total compensation ($USD994.64K) is about average for companies of similar size in the Swedish market ($USD994.64K).

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


Management Age and Tenure

2.6yrs

Average Tenure

54.5yo

Average Age

Experienced Management: LOOM B's management team is considered experienced (2.6 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

60yo

Average Age

Experienced Board: LOOM B's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

Insider Buying: LOOM B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buykr294,83109 Sep 19
Kristian Ackeby
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares915
Max Pricekr322.22
Buykr735,64629 Jul 19
Aritz Larrea
EntityIndividual
Role
Senior Key Executive
President & CEO of USA
Shares2,240
Max Pricekr328.41
Buykr528,32429 Jul 19
Georges Periago
EntityIndividual
Role
Senior Key Executive
President & CEO Europe & Latam
Shares1,600
Max Pricekr332.20
Buykr151,06426 Jul 19
Patrik Andersson
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares460
Max Pricekr328.40
Sellkr201,94615 Mar 19
Georges Periago
EntityIndividual
Role
Senior Key Executive
President & CEO Europe & Latam
Shares633
Max Pricekr319.03
Sellkr165,89614 Mar 19
Martti Ojanen
EntityIndividual
Role
Senior Key Executive
Group Head of Risk
Shares520
Max Pricekr319.03
Sellkr853,08613 Mar 19
Patrik Andersson
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares2,674
Max Pricekr319.03
Sellkr148,66813 Mar 19
Johannes Bäckman
EntityIndividual
Role
Senior Key Executive
Head of M&A
Shares466
Max Pricekr319.03
Sellkr156,00612 Mar 19
Mårten Lundberg
EntityIndividual
Role
Head of Human Resources
Chief Human Resources Officer
Shares489
Max Pricekr319.03
Sellkr111,59211 Mar 19
Mårten Lundberg
EntityIndividual
Role
Head of Human Resources
Chief Human Resources Officer
Shares335
Max Pricekr333.11

Ownership Breakdown


Management Team

  • Mikael Ekdahl (68yo)

    Legal Counsel & Secretary

    • Tenure: 0yrs
  • Anders Haker (58yo)

    Chief Investor Relations Officer

    • Tenure: 1.8yrs
    • Compensation: kr2.58m
  • Patrik Andersson (56yo)

    CEO, President & Director

    • Tenure: 3.4yrs
    • Compensation: kr9.58m
  • Georges Periago (54yo)

    President & CEO Europe & Latam

    • Tenure: 0yrs
  • Kristian Ackeby (42yo)

    Chief Financial Officer

    • Tenure: 1.2yrs
  • Martti Ojanen (57yo)

    Group Head of Risk

    • Tenure: 7.8yrs
  • Johannes Bäckman (55yo)

    Head of M&A

    • Tenure: 5.9yrs
  • Mårten Lundberg (54yo)

    Chief Human Resources Officer

    • Tenure: 4.8yrs
  • Kristoffer Wadman (41yo)

    Chief Innovation Officer

    • Tenure: 1.3yrs
  • Aritz Larrea (46yo)

    President & CEO of USA

    • Tenure: 1.8yrs

Board Members

  • Gun Nilsson (64yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: kr483.00k
  • Lars Blecko (62yo)

    Director

    • Tenure: 0.2yrs
    • Compensation: kr11.85m
  • Alf Göransson (62yo)

    Chairman of the Board

    • Tenure: 10.8yrs
    • Compensation: kr933.00k
  • Cecilia Wennborg (56yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: kr583.00k
  • Jan Svensson (63yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: kr433.00k
  • Patrik Andersson (56yo)

    CEO, President & Director

    • Tenure: 3.4yrs
    • Compensation: kr9.58m
  • Ingrid Bonde (60yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: kr483.00k
  • Johan Lundberg (42yo)

    Director

    • Tenure: 0.2yrs
  • Janna Åström (33yo)

    Deputy Member of the Board

    • Tenure: 1.8yrs

Company Information

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


Key Information

  • Name: Loomis AB (publ)
  • Ticker: LOOM B
  • Exchange: OM
  • Founded: 1852
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Market Cap: kr27.864b
  • Shares outstanding: 75.23m
  • Website: https://www.loomis.com

Number of Employees


Location

  • Loomis AB (publ)
  • Drottninggatan 82
  • 4th floor
  • Stockholm
  • Stockholm County
  • 101 33
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LOOM BOM (OMX Nordic Exchange Stockholm)YesSeries B SharesSESEKDec 2008
0JYZLSE (London Stock Exchange)YesSeries B SharesGBSEKDec 2008
K90DB (Deutsche Boerse AG)YesSeries B SharesDEEURDec 2008
LOIM.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDDec 2008
LOOMBSBATS-CHIXE (BATS 'Chi-X Europe')YesSeries B SharesGBSEKDec 2008

Biography

Loomis AB (publ) provides solutions for the distribution, handling, storage, and recycling of cash and other valuables. The company offers a range of solutions for cash in transit, cash management services ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 21:10
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
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.