Rejlers AB (publ) provides technical consultancy services to various customers in the construction and property, energy, industry, infrastructure, and telecom sectors. More Details
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has Rejlers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: REJL B has not had significant price volatility in the past 3 months.
7 Day Return
SE Professional Services
1 Year Return
SE Professional Services
Return vs Industry: REJL B exceeded the Swedish Professional Services industry which returned 6% over the past year.
Return vs Market: REJL B exceeded the Swedish Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Rejlers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StDid Rejlers AB (publ) (STO:REJL B) Insiders Buy Up More Shares?
1 week ago | Simply Wall StHas Rejlers AB (publ)'s (STO:REJL B) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
3 weeks ago | Simply Wall StDoes Rejlers AB (publ) (STO:REJL B) Have A Place In Your Dividend Portfolio?
Is Rejlers undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: REJL B (SEK121) is trading above our estimate of fair value (SEK100.96)
Significantly Below Fair Value: REJL B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: REJL B is poor value based on its PE Ratio (40.3x) compared to the SE Professional Services industry average (29.2x).
PE vs Market: REJL B is poor value based on its PE Ratio (40.3x) compared to the Swedish market (21.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate REJL B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: REJL B's PB Ratio (2x) is in line with the SE Professional Services industry average.
How is Rejlers forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Commercial Services industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if REJL B's forecast earnings growth is above the savings rate (0.5%).
Earnings vs Market: Insufficient data to determine if REJL B's earnings are forecast to grow faster than the Swedish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if REJL B's revenue is forecast to grow faster than the Swedish market.
High Growth Revenue: Insufficient data to determine if REJL B's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REJL B's Return on Equity is forecast to be low in 3 years time (8.2%).
How has Rejlers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REJL B has a large one-off loss of SEK30.4M impacting its September 30 2020 financial results.
Growing Profit Margin: REJL B's current net profit margins (2.1%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: REJL B's earnings have grown by 17.2% per year over the past 5 years.
Accelerating Growth: REJL 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: REJL B had negative earnings growth (-1.5%) over the past year, making it difficult to compare to the Professional Services industry average (-13.9%).
Return on Equity
High ROE: REJL B's Return on Equity (5.1%) is considered low.
How is Rejlers's financial position?
Financial Position Analysis
Short Term Liabilities: REJL B's short term assets (SEK1.1B) exceed its short term liabilities (SEK587.5M).
Long Term Liabilities: REJL B's short term assets (SEK1.1B) exceed its long term liabilities (SEK344.1M).
Debt to Equity History and Analysis
Debt Level: REJL B's debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: REJL B had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: REJL B's debt is well covered by operating cash flow (117.8%).
Interest Coverage: REJL B's interest payments on its debt are well covered by EBIT (9.4x coverage).
What is Rejlers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: REJL B's dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.25%).
High Dividend: REJL B's dividend (1.24%) is low compared to the top 25% of dividend payers in the Swedish market (4.13%).
Stability and Growth of Payments
Stable Dividend: REJL B's dividend payments have been volatile in the past 10 years.
Growing Dividend: REJL B's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (50%), REJL B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: REJL B's dividends in 3 years are forecast to be covered by earnings (61.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Viktor Svensson (45 yo)
Mr. Viktor Svensson is President and CEO of Rejlers AB since February 22, 2018. Mr. Svensson is the Acting CEO of Rejlers Sverige AB since March 23, 2018. He was Divisional Manager of Technology at ÅF AB a ...
|President & CEO||2.67yrs||no data||0.36% |
|Chief Financial Officer||1.67yrs||no data||0.020% |
|Director of Communications||2.08yrs||no data||0.013% |
|Group HR||no data||no data||no data|
|Head of Learning||0.67yr||no data||no data|
|Group CIO||no data||no data||no data|
|Chief Executive Officer of Rejlers Finland||no data||no data||no data|
|Group Financial Controller||no data||no data||0.0076% |
|Head of Division Energy & CEO of Rejlers Sverige||no data||no data||no data|
|Chief Executive Officer of Rejlers Norge||0.75yr||no data||no data|
|Head of HR- Rejlers Sverige AB||no data||no data||0.015% |
Experienced Management: REJL B's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|Independent Director||2.42yrs||kr230.00k||0.014% |
|Independent Director||2.42yrs||kr290.00k||0.010% |
|Chairman of the Board||2.42yrs||kr460.00k||5.91% |
|Employee Representative Director||22.75yrs||no data||no data|
|Independent Vice Chairman||2.42yrs||kr400.00k||0.018% |
|Employee Representative Director||11.75yrs||no data||0.0050% |
|Employee Representative||4.75yrs||no data||no data|
Experienced Board: REJL B's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rejlers AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Rejlers AB (publ)
- Ticker: REJL B
- Exchange: OM
- Founded: 1942
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: kr2.382b
- Shares outstanding: 19.69m
- Website: https://www.rejlers.com
Number of Employees
- Rejlers AB (publ)
- Lindhagensgatan 126
- Box 30233
- Stockholm County
- 104 25
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|REJL B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Dec 2006|
|0JH0||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Dec 2006|
|REJLBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Dec 2006|
Rejlers AB (publ) provides technical consultancy services to various customers in the construction and property, energy, industry, infrastructure, and telecom sectors. The company also offers IT services. ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 21:58|
|End of Day Share Price||2020/10/27 00:00|
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.