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 Analysis

Undervalued established dividend payer.


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

Stable Share Price: LOOM B's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

26.0%

LOOM B

18.3%

SE Commercial Services

11.7%

SE Market


1 Year Return

-37.9%

LOOM B

-36.4%

SE Commercial Services

-9.7%

SE Market

Return vs Industry: LOOM B matched the Swedish Commercial Services industry which returned -37.8% over the past year.

Return vs Market: LOOM B underperformed the Swedish Market which returned -10.3% over the past year.


Shareholder returns

LOOM BIndustryMarket
7 Day26.0%18.3%11.7%
30 Day-39.9%-31.6%-16.3%
90 Day-48.4%-41.0%-21.1%
1 Year-36.1%-37.9%-34.4%-36.4%-7.1%-9.7%
3 Year-23.4%-29.4%-32.4%-38.4%2.2%-12.9%
5 Year-13.0%-24.4%-22.6%-33.5%10.1%-13.0%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LOOM B (SEK200) is trading below our estimate of fair value (SEK888.2)

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


Price To Earnings Ratio

PE vs Industry: LOOM B is good value based on its PE Ratio (9.1x) compared to the Commercial Services industry average (11x).

PE vs Market: LOOM B is good value based on its PE Ratio (9.1x) compared to the Swedish market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: LOOM B is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: LOOM B is overvalued based on its PB Ratio (1.6x) compared to the SE Commercial Services industry average (1.5x).


Next Steps

Future Growth

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

10.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOOM B's forecast earnings growth (10.3% per year) is above the savings rate (-0.4%).

Earnings vs Market: LOOM B's earnings (10.3% per year) are forecast to grow faster than the Swedish market (7.8% per year).

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

Revenue vs Market: LOOM B's revenue (4.8% per year) is forecast to grow faster than the Swedish market (4.1% per year).

High Growth Revenue: LOOM B's revenue (4.8% 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 (17.5%).


Next Steps

Past Performance

How has Loomis performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LOOM B has high quality earnings.

Growing Profit Margin: LOOM B's current net profit margins (7.8%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: LOOM B's earnings have grown by 11.7% per year over the past 5 years.

Accelerating Growth: LOOM B's earnings growth over the past year (7%) is below its 5-year average (11.7% per year).

Earnings vs Industry: LOOM B earnings growth over the past year (7%) underperformed the Commercial Services industry 11.3%.


Return on Equity

High ROE: LOOM B's Return on Equity (17.2%) is considered low.


Next Steps

Financial Health

How is Loomis's financial position?


Financial Position Analysis

Short Term Liabilities: LOOM B's short term assets (SEK8.7B) exceed its short term liabilities (SEK6.8B).

Long Term Liabilities: LOOM B's short term assets (SEK8.7B) do not cover its long term liabilities (SEK10.1B).


Debt to Equity History and Analysis

Debt Level: LOOM B's debt to equity ratio (70.3%) is considered high.

Reducing Debt: LOOM B's debt to equity ratio has reduced from 82.2% to 70.3% over the past 5 years.

Debt Coverage: LOOM B's debt is well covered by operating cash flow (49.9%).

Interest Coverage: LOOM B's interest payments on its debt are well covered by EBIT (14x 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 covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

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

5.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LOOM B's dividend (5.5%) is higher than the bottom 25% of dividend payers in the Swedish market (2.14%).

High Dividend: LOOM B's dividend (5.5%) is low compared to the top 25% of dividend payers in the Swedish market (6.55%).


Stability and Growth of Payments

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 reasonable payout ratio (50.3%), LOOM B's dividend payments are 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 (47.7% payout ratio).


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Patrik Andersson (56yo)

3.83s

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 ($USD955.93K) is about average for companies of similar size in the Swedish market ($USD809.82K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Patrik Andersson
CEO, President & Director3.83yrskr9.58m0.019% SEK2.8m
Kristian Ackeby
Chief Financial Officer1.58yrsno data0.0073% SEK1.1m
Anders Haker
Chief Investor Relations Officer2.17yrskr2.58mno data
Mikael Ekdahl
Legal Counsel & Secretaryno datano datano data
Sara Björkman
Chief Compliance Officer0.17yrno datano data
Mårten Lundberg
Chief Human Resources Officer5.25yrsno data0.0058% SEK868.1k
Georges Periago
President & CEO Europe & Latamno datano data0.023% SEK3.5m
Martti Ojanen
Group Head of Risk8.17yrsno data0.016% SEK2.4m
Johannes Bäckman
Head of M&A6.33yrsno data0.0054% SEK815.5k
Kristoffer Wadman
Chief Innovation Officer1.75yrsno data0.0038% SEK573.2k

3.0yrs

Average Tenure

55yo

Average Age

Experienced Management: LOOM B's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrik Andersson
CEO, President & Director3.83yrskr9.58m0.019% SEK2.8m
Gun Nilsson
Independent Director2.83yrskr483.00k0.0020% SEK299.4k
Lars Blecko
Director0.58yrkr11.85mno data
Alf Göransson
Chairman of the Board11.17yrskr933.00k0.0080% SEK1.2m
Cecilia Wennborg
Independent Director6.83yrskr583.00k0.0019% SEK279.8k
Jan Svensson
Independent Director14.17yrskr433.00k0.0053% SEK800.4k
Ingrid Bonde
Independent Director6.83yrskr483.00k0.0026% SEK388.2k
Johan Lundberg
Director0.58yrno datano data
Janna Åström
Deputy Member of the Board2.17yrsno datano data

3.8yrs

Average Tenure

60yo

Average Age

Experienced Board: LOOM B's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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: kr15.045b
  • Shares outstanding: 75.23m
  • Website: https://www.loomis.com

Number of Employees


Location

  • Loomis AB (publ)
  • PO Box 702
  • 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, and international valuables logistics. It serves banks, retailers, and other operators. The company operates through a network of approximately 400 branches in 20 countries. Loomis AB (publ) was founded in 1852 and is headquartered in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 22:10
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
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.