OM:LOOMIS

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Good value with reasonable growth potential and pays a dividend.


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: LOOMIS is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LOOMIS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

5.4%

LOOMIS

2.8%

SE Commercial Services

-0.2%

SE Market


1 Year Return

-37.4%

LOOMIS

-1.6%

SE Commercial Services

19.2%

SE Market

Return vs Industry: LOOMIS underperformed the Swedish Commercial Services industry which returned -2.5% over the past year.

Return vs Market: LOOMIS underperformed the Swedish Market which returned 18.9% over the past year.


Shareholder returns

LOOMISIndustryMarket
7 Day5.4%2.8%-0.2%
30 Day9.1%5.1%2.9%
90 Day-11.0%0.7%8.5%
1 Year-36.0%-37.4%2.4%-1.6%22.2%19.2%
3 Year-19.2%-25.4%16.6%3.8%54.5%35.5%
5 Year-7.7%-19.8%23.6%2.7%88.4%48.2%

Long-Term 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: LOOMIS (SEK225.4) is trading below our estimate of fair value (SEK729.11)

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


Price To Earnings Ratio

PE vs Industry: LOOMIS is poor value based on its PE Ratio (23.7x) compared to the SE Commercial Services industry average (19.5x).

PE vs Market: LOOMIS is poor value based on its PE Ratio (23.7x) compared to the Swedish market (22.7x).


Price to Earnings Growth Ratio

PEG Ratio: LOOMIS is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: LOOMIS is good value based on its PB Ratio (1.9x) compared to the SE Commercial Services industry average (2.7x).


Next Steps

Future Growth

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

28.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOOMIS's forecast earnings growth (28.4% per year) is above the savings rate (0.4%).

Earnings vs Market: LOOMIS's earnings (28.4% per year) are forecast to grow faster than the Swedish market (9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LOOMIS's revenue (3.6% per year) is forecast to grow faster than the Swedish market (3.5% per year).

High Growth Revenue: LOOMIS's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LOOMIS'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?

2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LOOMIS has a large one-off loss of SEK363.0M impacting its December 31 2020 financial results.

Growing Profit Margin: LOOMIS's current net profit margins (3.8%) are lower than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: LOOMIS's earnings have grown by 2.1% per year over the past 5 years.

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

Earnings vs Industry: LOOMIS had negative earnings growth (-56.5%) over the past year, making it difficult to compare to the Commercial Services industry average (13.3%).


Return on Equity

High ROE: LOOMIS's Return on Equity (8.2%) is considered low.


Next Steps

  • Explore strong past performing companies in the Commercial Services industry.

Financial Health

How is Loomis's financial position?


Financial Position Analysis

Short Term Liabilities: LOOMIS's short term assets (SEK8.0B) exceed its short term liabilities (SEK6.5B).

Long Term Liabilities: LOOMIS's short term assets (SEK8.0B) do not cover its long term liabilities (SEK9.7B).


Debt to Equity History and Analysis

Debt Level: LOOMIS's debt to equity ratio (67.5%) is considered high.

Reducing Debt: LOOMIS's debt to equity ratio has reduced from 77.1% to 67.5% over the past 5 years.

Debt Coverage: LOOMIS's debt is well covered by operating cash flow (50.5%).

Interest Coverage: LOOMIS's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


Next Steps

Dividend

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

2.66%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: LOOMIS's dividend (2.66%) is higher than the bottom 25% of dividend payers in the Swedish market (1.25%).

High Dividend: LOOMIS's dividend (2.66%) is low compared to the top 25% of dividend payers in the Swedish market (3.67%).


Stability and Growth of Payments

Stable Dividend: LOOMIS's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63%), LOOMIS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LOOMIS's dividends in 3 years are forecast to be well covered by earnings (46.3% payout ratio).


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Patrik Andersson (57 yo)

4.75yrs

Tenure

kr7,402,000

Compensation

Mr. Patrik Andersson has been Independent 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 Ch...


CEO Compensation Analysis

Compensation vs Market: Patrik's total compensation ($USD891.14K) is about average for companies of similar size in the Swedish market ($USD917.01K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Patrik Andersson
CEO & President4.75yrskr7.40m0.019%
SEK 3.1m
Kristian Ackeby
Chief Financial Officer2.5yrsno data0.0073%
SEK 1.2m
Anders Haker
Chief Investor Relations Officer3.08yrskr2.58mno data
Sara Björkman
Chief Compliance Officer1.08yrsno datano data
Kristoffer Wadman
Chief Marketing Officerno datano data0.0038%
SEK 624.8k
Mårten Lundberg
Chief Human Resources Officer6.17yrsno data0.0073%
SEK 1.2m
Georges Periago
President and CEO Europe & Latamno datano data0.021%
SEK 3.5m
Martti Ojanen
Group Head of Risk9.08yrsno data0.016%
SEK 2.6m
Johannes Bäckman
Head of M&A7.25yrsno data0.0048%
SEK 782.2k
Aritz Larrea
President & CEO of USA3.08yrsno data0.019%
SEK 3.0m
Kristoffer Labuc
Managing Director Loomis Pay1.08yrsno datano data
Hans Petersson
Company Secretary2.08yrsno datano data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: LOOMIS's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeanette Almberg
Independent Director0.75yrno datano data
Lars Blecko
Director1.5yrskr147.00k0.069%
SEK 11.3m
Alf Göransson
Independent Chairman of the Board12.08yrskr1.07m0.0080%
SEK 1.3m
Cecilia Wennborg
Independent Director7.75yrskr617.00k0.0019%
SEK 305.0k
Jan Svensson
Independent Director15.08yrskr467.00k0.0053%
SEK 872.4k
Sofie Nordén
Employee Representative Director4.08yrsno datano data
Johan Lundberg
Independent Director1.5yrskr147.00k0.0013%
SEK 218.1k
Jasmina Petrovic
Deputy Member of the Board1.08yrsno datano data

2.8yrs

Average Tenure

60yo

Average Age

Experienced Board: LOOMIS's board of directors are not considered experienced ( 2.8 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: LOOMIS 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: LOOMIS
  • Exchange: OM
  • Founded: 1852
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Market Cap: kr16.399b
  • Shares outstanding: 75.23m
  • Website: https://www.loomis.com

Number of Employees


Location

  • Loomis AB (publ)
  • Drottninggatan 82
  • 4th floor
  • Stockholm
  • Stockholm County
  • 111 36
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LOOMISOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKDec 2008
0JYZLSE (London Stock Exchange)YesOrdinary SharesGBSEKDec 2008
K900DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2008
LOIM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2008
LOOMISBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary 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 Analysis2021/02/24 18:36
End of Day Share Price2021/02/24 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.