ICA Gruppen AB (publ), together with its subsidiaries, engages in the grocery retail business primarily in Sweden and the Baltic countries.
Adequate balance sheet average dividend payer.
Share Price & News
How has ICA Gruppen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICA has not had significant price volatility in the past 3 months.
7 Day Return
SE Consumer Retailing
1 Year Return
SE Consumer Retailing
Return vs Industry: ICA exceeded the Swedish Consumer Retailing industry which returned 0.2% over the past year.
Return vs Market: ICA underperformed the Swedish Market which returned 10.9% over the past year.
Price Volatility Vs. Market
How volatile is ICA Gruppen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDon’t Buy ICA Gruppen AB (publ) (STO:ICA) Until You Understand Its ROCE
2 weeks ago | Simply Wall StDoes ICA Gruppen's (STO:ICA) Statutory Profit Adequately Reflect Its Underlying Profit?
1 month ago | Simply Wall StICA Gruppen (STO:ICA) Has A Pretty Healthy Balance Sheet
Is ICA Gruppen 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: ICA (SEK423.6) is trading above our estimate of fair value (SEK417.67)
Significantly Below Fair Value: ICA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ICA is poor value based on its PE Ratio (23.7x) compared to the Consumer Retailing industry average (19.5x).
PE vs Market: ICA is poor value based on its PE Ratio (23.7x) compared to the Swedish market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: ICA is poor value based on its PEG Ratio (13.7x)
Price to Book Ratio
PB vs Industry: ICA is overvalued based on its PB Ratio (2.5x) compared to the XE Consumer Retailing industry average (1.6x).
How is ICA Gruppen forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ICA's forecast earnings growth (1.7% per year) is above the savings rate (0.5%).
Earnings vs Market: ICA's earnings (1.7% per year) are forecast to grow slower than the Swedish market (16.7% per year).
High Growth Earnings: ICA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ICA's revenue (2% per year) is forecast to grow slower than the Swedish market (5.8% per year).
High Growth Revenue: ICA's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ICA's Return on Equity is forecast to be low in 3 years time (11.1%).
How has ICA Gruppen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICA has high quality earnings.
Growing Profit Margin: ICA's current net profit margins (3%) are lower than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: ICA's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: ICA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ICA had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Consumer Retailing industry average (2.7%).
Return on Equity
High ROE: ICA's Return on Equity (10.3%) is considered low.
How is ICA Gruppen's financial position?
Financial Position Analysis
Short Term Liabilities: ICA's short term assets (SEK22.3B) do not cover its short term liabilities (SEK43.8B).
Long Term Liabilities: ICA's short term assets (SEK22.3B) do not cover its long term liabilities (SEK24.5B).
Debt to Equity History and Analysis
Debt Level: ICA's debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: ICA's debt to equity ratio has reduced from 24.1% to 20.5% over the past 5 years.
Debt Coverage: ICA's debt is well covered by operating cash flow (145.8%).
Interest Coverage: ICA's interest payments on its debt are well covered by EBIT (10.6x coverage).
What is ICA Gruppen's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ICA's dividend (2.83%) is higher than the bottom 25% of dividend payers in the Swedish market (1.6%).
High Dividend: ICA's dividend (2.83%) is low compared to the top 25% of dividend payers in the Swedish market (5.09%).
Stability and Growth of Payments
Stable Dividend: ICA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ICA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.1%), ICA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ICA's dividends in 3 years are forecast to be covered by earnings (60.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Per Strömberg (56yo)
Mr. Per Stromberg has been the Chief Executive Officer and President of ICA Gruppen AB since May 20, 2013. He also serves as Industrial Advisor at Segulah Advisor AB. Mr. Strömberg has been the Chief Execu ...
CEO Compensation Analysis
Compensation vs Market: Per's total compensation ($USD0.00) is below average for companies of similar size in the Swedish market ($USD2.51M).
Compensation vs Earnings: Insufficient data to compare Per's compensation with company performance.
|Chief Executive Officer||7.08yrs||kr10.36m||0.0070% SEK6.0m|
|Chief Financial Officer||5.75yrs||no data||0.0010% SEK886.1k|
|Chief Information Officer||2.42yrs||no data||no data|
|Head of Investor Relations||6.42yrs||no data||no data|
|General Counsel||7.08yrs||no data||no data|
|Chief Corporate Communication Officer||no data||no data||0.00096% SEK818.0k|
|Chief Human Resource Officer||no data||no data||0.00084% SEK715.7k|
|Deputy Chief Executive Officer||6.25yrs||no data||0.0024% SEK2.0m|
|Chief Corporate Responsibility Officer||11.42yrs||no data||0.00037% SEK315.3k|
|Chief Digital & Strategy Officer of ICA Sweden||no data||no data||no data|
Experienced Management: ICA's management team is seasoned and experienced (6.4 years average tenure).
|Independent Director||15.42yrs||kr825.00k||0.0015% SEK1.3m|
|Representative Director||7.17yrs||no data||0.00012% SEK102.2k|
|Independent Director||10.17yrs||kr650.00k||0.00099% SEK843.5k|
|Representative Director||7.17yrs||no data||no data|
|Independent Director||5.17yrs||kr600.00k||0.00045% SEK383.4k|
|Independent Director||1.17yrs||kr650.00k||0.00099% SEK843.5k|
Experienced Board: ICA's board of directors are considered experienced (7.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ICA Gruppen AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: ICA Gruppen AB (publ)
- Ticker: ICA
- Exchange: OM
- Founded: 1917
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: kr85.206b
- Shares outstanding: 201.15m
- Website: https://www.icagruppen.se
Number of Employees
- ICA Gruppen AB (publ)
- Box 4075
- Stockholm County
- 169 04
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ICA||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Dec 2005|
|0NB9||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Dec 2005|
|ICAS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Dec 2005|
|ICCG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2005|
ICA Gruppen AB (publ), together with its subsidiaries, engages in the grocery retail business primarily in Sweden and the Baltic countries. The company operates through five segments: ICA Sweden, Rimi Baltic, Apotek Hjärtat, ICA Real Estate, and ICA Bank. It offers various organic products, private label products, and non-food products; and conducts pharmacy operations. The company operates approximately 1300 stores and 390 pharmacies in Sweden; 86 stores Estonia; 130 stores in Latvia; and 61 stores in Lithuania. It also acquires, develops, and manages property portfolio in the retail segment; and provides banking and insurance products and services to private and business customers. The company was formerly known as Hakon Invest AB and changed its name to ICA Gruppen AB (publ) in May 2013. The company was founded in 1917 and is headquartered in Solna, Sweden. ICA Gruppen AB (publ) is a subsidiary of ICA-handlarnas Förbund.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/07 00:40|
|End of Day Share Price||2020/06/05 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.