OM:SBOK

Stock Analysis Report

Executive Summary

ScandBook Holding AB (publ) manufactures and sells hard/soft cover books for book publishers in Scandinavia, Lithuania, Poland, the United Kingdom, Ireland, Holland, and Germany.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

SBOK

3.2%

SE Commercial Services

2.9%

SE Market


1 Year Return

6.2%

SBOK

13.2%

SE Commercial Services

9.0%

SE Market

Return vs Industry: SBOK underperformed the Swedish Commercial Services industry which returned 13.2% over the past year.

Return vs Market: SBOK matched the Swedish Market which returned 9% over the past year.


Share holder returns

SBOKIndustryMarket
7 Day0%3.2%2.9%
30 Day0%0.7%-0.4%
90 Day-9.1%-2.8%0.3%
1 Year6.2%6.2%16.7%13.2%13.7%9.0%
3 Year-17.2%-17.2%14.6%4.7%30.5%11.1%
5 Year4.2%-0.4%77.6%50.4%66.0%30.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ScandBook Holding undervalued based on future cash flows and its price relative to the stock market?

11.03x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: SBOK (SEK12) is trading above our estimate of fair value (SEK9.08)

Significantly Undervalued: SBOK is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: SBOK is good value based on its PE Ratio (11x) compared to the Commercial Services industry average (16.7x).

PE vs Market: SBOK is good value based on its PE Ratio (11x) compared to the Swedish market (16.7x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: SBOK is good value based on its PB Ratio (0.3x) compared to the SE Commercial Services industry average (1.6x).


Next Steps

Future Growth

How is ScandBook Holding expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: SBOK's forecast earnings growth (26.7% per year) is above the savings rate (0.4%).

Earnings vs Market: SBOK's earnings (26.7% per year) are forecast to grow faster than the Swedish market (8.7% per year).

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

Revenue vs Market: Insufficient data to determine if SBOK's revenue is forecast to grow faster than the Swedish market.

High Growth Revenue: Insufficient data to determine if SBOK's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if SBOK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has ScandBook Holding performed over the past 5 years?

1.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SBOK's earnings have grown by 1.5% per year over the past 5 years.

Accelerating Growth: SBOK's earnings growth over the past year (102%) exceeds its 5-year average (1.5% per year).

Earnings vs Industry: SBOK earnings growth over the past year (102%) exceeded the Commercial Services industry 1.3%.


Return on Equity

High ROE: SBOK's Return on Equity (3.7%) is considered low.


Return on Assets

ROA vs Industry: SBOK's Return on Assets is below or equal to the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: SBOK has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is ScandBook Holding's financial position?


Financial Position Analysis

Short Term Liabilities: SBOK's short term assets (SEK88.8M) exceeds its short term liabilities (SEK47.8M)

Long Term Liabilities: SBOK's short term assets (88.8M) exceeds its long term liabilities (61.1M)


Debt to Equity History and Analysis

Debt Level: SBOK's debt to equity ratio (36.5%) is considered satisfactory

Reducing Debt: SBOK's debt to equity ratio has increased from 25.9% to 36.5% over the past 5 years.

Debt Coverage: SBOK's debt is well covered by operating cash flow (38.8%).

Interest Coverage: SBOK's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet

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

Debt Coverage by Assets: SBOK's debt is covered by short term assets (assets are 1.406020x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.8%markettop25%4.8%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate SBOK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SBOK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SBOK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SBOK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SBOK is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SBOK's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

kr799k

CEO Compensation


CEO

Håvard Grjotheim 0

0yrs

Tenure

kr798,902

Compensation

Mr. Håvard Grjotheim serves as the Chief Executive Officer of 07 MEDIA AS. Mr. Grjotheim serves as the Chief Executive Officer of Scandbook Holding AB. He serves as Director of Print-It UAB. He served as a ...


CEO Compensation Analysis

Compensation vs. Market: Håvard's total compensation ($USD81.63K) is about average for companies of similar size in the Swedish market ($USD121.96K).

Compensation vs Earnings: Håvard's compensation has increased by more than 20% in the past year.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buykr354,18611 Dec 18
Pär Nilsson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares33,732
Max Pricekr10.50

Ownership Breakdown


Management Team

  • Ann-Kristin Sunnanhagen

    CFO & Chief Investor Relations Officer

    • Tenure: 0yrs
  • Paulius Juška (42yo)

    Chief Executive Officer of Klaipeda

    • Tenure: 0yrs
    • Compensation: kr1.36m
  • Håvard Grjotheim

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: kr798.90k

Board Members

  • Pär Nilsson (52yo)

    Director

    • Tenure: 0yrs
    • Compensation: kr100.00k
  • Odd Austgulen

    Director

    • Tenure: 0yrs
    • Compensation: kr100.00k
  • Carina Heilborn (46yo)

    Member of the Board of Directors

    • Tenure: 0yrs
    • Compensation: kr100.00k
  • Nicklas Einarsson

    Employee Representative Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: ScandBook Holding AB (publ)
  • Ticker: SBOK
  • Exchange: OM
  • Founded:
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: kr55.160m
  • Shares outstanding: 4.60m
  • Website: https://www.scandbook.com

Location

  • ScandBook Holding AB (publ)
  • Lövåsvägen 24
  • Falun
  • Dalarna County
  • 791 45
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SBOKOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKMar 2010

Biography

ScandBook Holding AB (publ) manufactures and sells hard/soft cover books for book publishers in Scandinavia, Lithuania, Poland, the United Kingdom, Ireland, Holland, and Germany. It offers case-bound hardb ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/11 21:45
End of Day Share Price2019/10/11 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.

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