OM:PENG B

Stock Analysis Report

Projektengagemang Sweden

Executive Summary

Projektengagemang Sweden AB (publ) provides consulting services for infrastructure, construction, energy, and industry sectors in Sweden.


Snowflake Analysis

Good value with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.7%

PENG B

0.5%

SE Professional Services

0.09%

SE Market


1 Year Return

-56.1%

PENG B

43.9%

SE Professional Services

22.0%

SE Market

Return vs Industry: PENG B underperformed the Swedish Professional Services industry which returned 43.9% over the past year.

Return vs Market: PENG B underperformed the Swedish Market which returned 22% over the past year.


Shareholder returns

PENG BIndustryMarket
7 Day-0.7%0.5%0.09%
30 Day-5.6%2.7%4.7%
90 Day-22.3%21.0%11.1%
1 Year-54.3%-56.1%60.7%43.9%26.9%22.0%
3 Yearn/a75.4%46.3%40.1%18.9%
5 Yearn/a139.4%87.9%46.5%15.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Projektengagemang Sweden 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: PENG B (SEK13.4) is trading below our estimate of fair value (SEK43.4)

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


Price To Earnings Ratio

PE vs Industry: PENG B is good value based on its PE Ratio (21.7x) compared to the Professional Services industry average (21.7x).

PE vs Market: PENG B is poor value based on its PE Ratio (21.7x) compared to the Swedish market (20x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PENG B is good value based on its PB Ratio (0.6x) compared to the SE Professional Services industry average (2.7x).


Next Steps

Future Growth

How is Projektengagemang Sweden forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.0%

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 Projektengagemang Sweden 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 Projektengagemang Sweden performed over the past 5 years?

23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PENG B has high quality earnings.

Growing Profit Margin: PENG B's current net profit margins (1.1%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: PENG B's earnings have grown significantly by 23% per year over the past 5 years.

Accelerating Growth: PENG 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: PENG B had negative earnings growth (-66.8%) over the past year, making it difficult to compare to the Professional Services industry average (4.5%).


Return on Equity

High ROE: PENG B's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Projektengagemang Sweden's financial position?


Financial Position Analysis

Short Term Liabilities: PENG B's short term assets (SEK376.0M) exceed its short term liabilities (SEK334.8M).

Long Term Liabilities: PENG B's short term assets (SEK376.0M) exceed its long term liabilities (SEK324.0M).


Debt to Equity History and Analysis

Debt Level: PENG B's debt to equity ratio (69.9%) is considered high.

Reducing Debt: PENG B's debt to equity ratio has reduced from 94.5% to 69.9% over the past 5 years.

Debt Coverage: PENG B's debt is not well covered by operating cash flow (16.5%).

Interest Coverage: PENG B's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet

Inventory Level: PENG B has a low level of unsold assets or inventory.

Debt Coverage by Assets: PENG B's debt is not covered by short term assets (assets are 1x debt).


Next Steps

Dividend

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

7.46%

Current Dividend Yield


Dividend Yield vs Market

company7.5%marketbottom25%1.6%markettop25%4.2%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: PENG B's dividend (7.46%) is higher than the bottom 25% of dividend payers in the Swedish market (1.57%).

High Dividend: PENG B's dividend (7.46%) is in the top 25% of dividend payers in the Swedish market (4.25%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether PENG B's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if PENG B's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (161.6%), PENG B's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Per-Arne Gustavsson (67yo)

0.4yrs

Tenure

kr2,230,240

Compensation

Mr. Per-Arne Gustavsson has been Chief Executive Officer at Projektengagemang Sweden AB (publ) since September 17, 2019 and serves as its President since 2019. He served as Acting President at Projektengag ...


CEO Compensation Analysis

Compensation vs Market: Per-Arne's total compensation ($USD229.37K) is about average for companies of similar size in the Swedish market ($USD207.34K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Per-Arne Gustavsson
President0.4yrskr2.23mno data
Peter Sandberg
VP & CFO0yrskr1.90m1.39% SEK4.6m
Arvid Linder
Head of Communications0yrsno datano data
Peter Edstrand
CMO and Head of M&A0yrsno data0.067% SEK221.4k
Åsa Holmgren
Director of Human Resources2.1yrsno datano data
Nicke Rydgren
Divisions chef & CCO0yrsno data0.28% SEK932.6k
Mathias Thorsson
Head of Division Construction & Plant4.1yrsno data0.034% SEK113.3k
Tord Larsson-Steen
Head of Division Industrial & Energy2.1yrsno data0.022% SEK71.4k
Kjell-Åke Johansson
Head of Division Installation0.9yrsno data0.017% SEK57.0k

2.1yrs

Average Tenure

50.5yo

Average Age

Experienced Management: PENG B's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Per-Arne Gustavsson
President0.4yrskr2.23mno data
Lars Blom
Independent Director4.1yrskr215.00kno data
Carina Heander
Independent Director3.1yrskr215.00kno data
Per Göransson
Acting Chairman of the Board0.4yrskr1.86mno data
Britta Dalunde
Independent Director4.1yrskr255.00k0.043% SEK140.7k
Oystein Engebretsen
Independent Director4.1yrskr195.00k0.55% SEK1.8m

3.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: PENG B's board of directors are considered experienced (3.6 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 42.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Projektengagemang Sweden AB (publ)
  • Ticker: PENG B
  • Exchange: OM
  • Founded: 2006
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: kr329.046m
  • Shares outstanding: 24.56m
  • Website: https://www.projektengagemang.se

Number of Employees


Location

  • Projektengagemang Sweden AB (publ)
  • ArstaAngsvAgen 11
  • Box 47146
  • Stockholm
  • Stockholm County
  • 100 74
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PENG BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKJun 2018

Biography

Projektengagemang Sweden AB (publ) provides consulting services for infrastructure, construction, energy, and industry sectors in Sweden. The company offers architecture services, including house and landscape architecture, interior and lighting design, town planning, and inspection services; building services, which include building design, and geotechnics and surveying services; and fire safety and risk management, underwriting support, and protection services, as well as sprinkler systems, and heating, ventilation, air conditioning, and sanitation systems. It also provides mechanical, electrical, and telecommunications and security engineering, electric power, automation, product development, property automation, engineering information, and production related services. In addition, the company offers infrastructure services in the areas of environment, water purification, railway, construction, bridge and plant maintenance, geostructures, and environmental impact assessments. Further, it provides project management services that include inspection, quality, working environment, supervision, and project planning management, as well as manages building projects. Additionally, the company engages in the provision of electrical, telecommunications, and safety services in the area of power and communications engineering, thermographing, network analysis, lightning protection, and reserve power and ups, security, extinguisher, lifts and transport, AV and multimedia, and tele systems. Projektengagemang Sweden AB (publ) was founded in 2006 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 Analysis2020/02/23 00:19
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
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.