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ELUX

AB Electrolux OM:ELUX B Stock Report

Last Price

kr138.42

Market Cap

kr38.1b

7D

2.8%

1Y

-41.9%

Updated

01 Jul, 2022

Data

Company Financials +
ELUX B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends5/6

ELUX B Stock Overview

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances in Europe, North America, Latin America, the Asia/Pacific, the Middle East, and Africa.

AB Electrolux Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AB Electrolux
Historical stock prices
Current Share Pricekr138.42
52 Week Highkr249.30
52 Week Lowkr130.66
Beta1.15
1 Month Change-9.72%
3 Month Change-3.03%
1 Year Change-41.91%
3 Year Change-42.30%
5 Year Change-51.23%
Change since IPO147.18%

Recent News & Updates

Jun 05
AB Electrolux's (STO:ELUX B) Dividend Will Be Increased To kr4.60

AB Electrolux's (STO:ELUX B) Dividend Will Be Increased To kr4.60

AB Electrolux (publ) ( STO:ELUX B ) will increase its dividend on the 5th of October to kr4.60. The announced payment...

May 30
At kr152, Is AB Electrolux (publ) (STO:ELUX B) Worth Looking At Closely?

At kr152, Is AB Electrolux (publ) (STO:ELUX B) Worth Looking At Closely?

AB Electrolux (publ) ( STO:ELUX B ), is not the largest company out there, but it received a lot of attention from a...

May 17
AB Electrolux's (STO:ELUX B) Shareholders Will Receive A Bigger Dividend Than Last Year

AB Electrolux's (STO:ELUX B) Shareholders Will Receive A Bigger Dividend Than Last Year

AB Electrolux (publ) ( STO:ELUX B ) has announced that it will be increasing its dividend on the 5th of October to...

Shareholder Returns

ELUX BSE Consumer DurablesSE Market
7D2.8%0.09%-0.5%
1Y-41.9%-44.3%-24.2%

Return vs Industry: ELUX B exceeded the Swedish Consumer Durables industry which returned -44.3% over the past year.

Return vs Market: ELUX B underperformed the Swedish Market which returned -24.2% over the past year.

Price Volatility

Is ELUX B's price volatile compared to industry and market?
ELUX B volatility
ELUX B Average Weekly Movement5.6%
Consumer Durables Industry Average Movement5.5%
Market Average Movement7.5%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: ELUX B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ELUX B's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190152,000Jonas Samuelsonhttps://www.electroluxgroup.com

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances in Europe, North America, Latin America, the Asia/Pacific, the Middle East, and Africa. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories. It also provides hobs, ovens, and hoods; and tumble dryers.

AB Electrolux Fundamentals Summary

How do AB Electrolux's earnings and revenue compare to its market cap?
ELUX B fundamental statistics
Market Capkr38.06b
Earnings (TTM)kr4.07b
Revenue (TTM)kr126.72b

9.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELUX B income statement (TTM)
Revenuekr126.72b
Cost of Revenuekr103.72b
Gross Profitkr23.00b
Other Expenseskr18.93b
Earningskr4.07b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 21, 2022

Earnings per share (EPS)14.83
Gross Margin18.15%
Net Profit Margin3.21%
Debt/Equity Ratio114.6%

How did ELUX B perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

64%

Payout Ratio

Does ELUX B pay a reliable dividends?

See ELUX B dividend history and benchmarks
When do you need to buy ELUX B by to receive an upcoming dividend?
AB Electrolux dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateOct 05 2022
Days until Ex dividend89 days
Days until Dividend pay date95 days

Does ELUX B pay a reliable dividends?

See ELUX B dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 ELUX B?

Other financial metrics that can be useful for relative valuation.

ELUX B 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/Revenue0.4x
Enterprise Value/EBITDA4.8x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does ELUX B's PE Ratio compare to its peers?

ELUX B PE Ratio vs Peers
The above table shows the PE ratio for ELUX B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.3x
JM JM
6.6x-5.9%kr11.8b
THULE Thule Group
14.5x3.8%kr27.1b
NOBI Nobia
6.7x10.6%kr4.7b
PRFO Profoto Holding
25.2x14.0%kr4.2b
ELUX B AB Electrolux
9.3x14.0%kr38.3b

Price-To-Earnings vs Peers: ELUX B is good value based on its Price-To-Earnings Ratio (9.3x) compared to the peer average (13.3x).


Price to Earnings Ratio vs Industry

How does ELUX B's PE Ratio compare vs other companies in the European Consumer Durables Industry?

Price-To-Earnings vs Industry: ELUX B is expensive based on its Price-To-Earnings Ratio (9.3x) compared to the Swedish Consumer Durables industry average (9.3x)


Price to Earnings Ratio vs Fair Ratio

What is ELUX B'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.

ELUX B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.3x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: ELUX B is good value based on its Price-To-Earnings Ratio (9.3x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).


Share Price vs Fair Value

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

Below Fair Value: ELUX B (SEK138.42) is trading below our estimate of fair value (SEK303.04)

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


Price to Earnings Growth Ratio

PEG Ratio: ELUX B is good value based on its PEG Ratio (0.7x)


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Future Growth

How is AB Electrolux forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

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


14.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELUX B's forecast earnings growth (14% per year) is above the savings rate (0.4%).

Earnings vs Market: ELUX B's earnings (14% per year) are forecast to grow faster than the Swedish market (9.6% per year).

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

Revenue vs Market: ELUX B's revenue (2.4% per year) is forecast to grow slower than the Swedish market (5.5% per year).

High Growth Revenue: ELUX B's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ELUX B's Return on Equity is forecast to be high in 3 years time (26.5%)


Discover growth companies

Past Performance

How has AB Electrolux performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ELUX B has a high level of non-cash earnings.

Growing Profit Margin: ELUX B's current net profit margins (3.2%) are lower than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: ELUX B's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: ELUX 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: ELUX B had negative earnings growth (-27.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (22.9%).


Return on Equity

High ROE: Whilst ELUX B's Return on Equity (22.77%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is AB Electrolux's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ELUX B's short term assets (SEK63.1B) do not cover its short term liabilities (SEK71.4B).

Long Term Liabilities: ELUX B's short term assets (SEK63.1B) exceed its long term liabilities (SEK23.7B).


Debt to Equity History and Analysis

Debt Level: ELUX B's net debt to equity ratio (69.2%) is considered high.

Reducing Debt: ELUX B's debt to equity ratio has increased from 58.9% to 114.6% over the past 5 years.

Debt Coverage: ELUX B's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: ELUX B's interest payments on its debt are well covered by EBIT (13.7x coverage).


Balance Sheet


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Dividend

What is AB Electrolux current dividend yield, its reliability and sustainability?

Dividend Score

6/6

Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.65%

Current Dividend Yield

Upcoming Dividend Payment

TodayJul 02 2022Ex Dividend DateSep 29 2022Dividend Pay DateOct 05 20226 days from Ex DividendBuy in the next 89 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ELUX B's dividend (6.65%) is higher than the bottom 25% of dividend payers in the Swedish market (1.65%).

High Dividend: ELUX B's dividend (6.65%) is in the top 25% of dividend payers in the Swedish market (5.42%)


Stability and Growth of Payments

Stable Dividend: ELUX B's dividends per share have been stable in the past 10 years.

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.4%), ELUX B's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ELUX B is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

5.0yrs

Average management tenure


CEO

Jonas Samuelson (54 yo)

6.33yrs

Tenure

kr29,467,000

Compensation

Mr. Jonas Samuelson, M.Sc., Econ., has been a Director at Axel Johnson AB since 2018. Mr. Samuelson has been the Chief Executive Officer and President of AB Electrolux (publ) (Alternate Name: Electrolux AB...


CEO Compensation Analysis

Compensation vs Market: Jonas's total compensation ($USD2.85M) is above average for companies of similar size in the Swedish market ($USD1.76M).

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


Leadership Team

Experienced Management: ELUX B's management team is considered experienced (5 years average tenure).


Board Members

Experienced Board: ELUX B's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ELUX B 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

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


Key Information

  • Name: AB Electrolux (publ)
  • Ticker: ELUX B
  • Exchange: OM
  • Founded: 1901
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Implied Market Cap: kr38.059b
  • Shares outstanding: 274.54m
  • Website: https://www.electroluxgroup.com

Number of Employees


Location

  • AB Electrolux (publ)
  • S:t Goransgatan 143
  • Stadshagen
  • Stockholm
  • Stockholm County
  • 105 45
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 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.