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BORG

Björn Borg OM:BORG Stock Report

Last Price

kr36.05

Market Cap

kr906.6m

7D

1.0%

1Y

23.9%

Updated

24 Jun, 2022

Data

Company Financials +
BORG fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends3/6

BORG Stock Overview

Björn Borg AB (publ), together with its subsidiaries, engages in the design, development, production, wholesale, and retail of underwear, sports apparel, footwear, bags, eyewear, and fragrances under the Björn Borg brand.

Björn Borg Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Björn Borg
Historical stock prices
Current Share Pricekr36.05
52 Week Highkr52.30
52 Week Lowkr29.00
Beta1.79
1 Month Change-19.26%
3 Month Change-25.05%
1 Year Change23.88%
3 Year Change34.02%
5 Year Change11.27%
Change since IPO773.94%

Recent News & Updates

Jun 03
These 4 Measures Indicate That Björn Borg (STO:BORG) Is Using Debt Safely

These 4 Measures Indicate That Björn Borg (STO:BORG) Is Using Debt Safely

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mar 17
Is Now The Time To Put Björn Borg (STO:BORG) On Your Watchlist?

Is Now The Time To Put Björn Borg (STO:BORG) On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

BORGSE LuxurySE Market
7D1.0%-1.5%-1.3%
1Y23.9%-18.2%-23.6%

Return vs Industry: BORG exceeded the Swedish Luxury industry which returned -20.5% over the past year.

Return vs Market: BORG exceeded the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is BORG's price volatile compared to industry and market?
BORG volatility
BORG Average Weekly Movement4.9%
Luxury Industry Average Movement5.8%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: BORG is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1984162Henrik Bungehttps://www.bjornborg.com

Björn Borg AB (publ), together with its subsidiaries, engages in the design, development, production, wholesale, and retail of underwear, sports apparel, footwear, bags, eyewear, and fragrances under the Björn Borg brand. The company operates through Wholesale, Consumer Direct, Distributors, and License segments. It offers underwear for men, women, and kids, as well as pajamas and socks through independent retailers, fashion and sports chains, department stores, Björn Borg stores, and e-commerce sites; and clothing collections for women and men through sports retailers, sports chains, department stores, Björn Borg stores, and e-commerce sites.

Björn Borg Fundamentals Summary

How do Björn Borg's earnings and revenue compare to its market cap?
BORG fundamental statistics
Market Capkr906.60m
Earnings (TTM)kr87.85m
Revenue (TTM)kr810.17m

10.3x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BORG income statement (TTM)
Revenuekr810.17m
Cost of Revenuekr378.62m
Gross Profitkr431.55m
Other Expenseskr343.70m
Earningskr87.85m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 19, 2022

Earnings per share (EPS)3.49
Gross Margin53.27%
Net Profit Margin10.84%
Debt/Equity Ratio16.7%

How did BORG perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

n/a

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BORG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BORG?

Other financial metrics that can be useful for relative valuation.

BORG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA10.8x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does BORG's PE Ratio compare to its peers?

BORG PE Ratio vs Peers
The above table shows the PE ratio for BORG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18x

Price-To-Earnings vs Peers: BORG is good value based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (18x).


Price to Earnings Ratio vs Industry

How does BORG's PE Ratio compare vs other companies in the Luxury Industry?

Price-To-Earnings vs Industry: BORG is good value based on its Price-To-Earnings Ratio (10.3x) compared to the European Luxury industry average (15.5x)


Price to Earnings Ratio vs Fair Ratio

What is BORG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BORG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.3x
Fair PE Ratio13.3x

Price-To-Earnings vs Fair Ratio: BORG is good value based on its Price-To-Earnings Ratio (10.3x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).


Share Price vs Fair Value

What is the Fair Price of BORG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BORG (SEK36.05) is trading below our estimate of fair value (SEK124.73)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Björn Borg forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BORG's forecast earnings growth (12% per year) is above the savings rate (0.3%).

Earnings vs Market: BORG's earnings (12% per year) are forecast to grow faster than the Swedish market (9.8% per year).

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

Revenue vs Market: BORG's revenue (5.6% per year) is forecast to grow slower than the Swedish market (5.6% per year).

High Growth Revenue: BORG's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BORG's Return on Equity is forecast to be high in 3 years time (25.8%)


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Past Performance

How has Björn Borg performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BORG has high quality earnings.

Growing Profit Margin: BORG's current net profit margins (10.8%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: BORG's earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: BORG's earnings growth over the past year (197.7%) exceeds its 5-year average (6.2% per year).

Earnings vs Industry: BORG earnings growth over the past year (197.7%) exceeded the Luxury industry 59.4%.


Return on Equity

High ROE: BORG's Return on Equity (24.6%) is considered high.


Discover strong past performing companies

Financial Health

How is Björn Borg's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BORG's short term assets (SEK324.4M) exceed its short term liabilities (SEK204.4M).

Long Term Liabilities: BORG's short term assets (SEK324.4M) exceed its long term liabilities (SEK74.4M).


Debt to Equity History and Analysis

Debt Level: BORG's net debt to equity ratio (12.9%) is considered satisfactory.

Reducing Debt: BORG's debt to equity ratio has reduced from 51.9% to 16.7% over the past 5 years.

Debt Coverage: BORG's debt is well covered by operating cash flow (200.5%).

Interest Coverage: BORG's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


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Dividend

What is Björn Borg current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.93%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BORG's dividend (6.93%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).

High Dividend: BORG's dividend (6.93%) is in the top 25% of dividend payers in the Swedish market (5.41%)


Stability and Growth of Payments

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

Growing Dividend: BORG's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (57%), BORG's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

3.7yrs

Average management tenure


CEO

Henrik Bunge (48 yo)

7.83yrs

Tenure

Mr. Henrik Bunge has been the Chief Executive Officer of Björn Borg AB (publ) since August 1, 2014 and serves as its President. Mr. Bunge served as the Chief Executive Officer of Peak Performance Productio...


Leadership Team

Experienced Management: BORG's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: BORG's board of directors are considered experienced (4.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Björn Borg AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Björn Borg AB (publ)
  • Ticker: BORG
  • Exchange: OM
  • Founded: 1984
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: kr906.599m
  • Shares outstanding: 25.15m
  • Website: https://www.bjornborg.com

Number of Employees


Location

  • Björn Borg AB (publ)
  • Frösundaviks allé 1
  • Solna
  • Stockholm County
  • 169 70
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.