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INDU

AB Industrivärden OM:INDU A Stock Report

Last Price

kr228.10

Market Cap

kr98.2b

7D

-1.4%

1Y

-31.1%

Updated

24 Jun, 2022

Data

Company Financials +
INDU A fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends3/6

INDU A Stock Overview

AB Industrivärden is a publicly owned investment manager.

AB Industrivärden Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for AB Industrivärden
Historical stock prices
Current Share Pricekr228.10
52 Week Highkr354.60
52 Week Lowkr214.60
Beta0.83
1 Month Change-8.02%
3 Month Change-15.02%
1 Year Change-31.13%
3 Year Change7.70%
5 Year Change6.34%
Change since IPO1,040.50%

Recent News & Updates

Dec 27
With EPS Growth And More, AB Industrivärden (STO:INDU A) Is Interesting

With EPS Growth And More, AB Industrivärden (STO:INDU A) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

INDU ASE Diversified FinancialSE Market
7D-1.4%-1.3%-1.3%
1Y-31.1%-17.0%-23.6%

Return vs Industry: INDU A underperformed the Swedish Diversified Financial industry which returned -17% over the past year.

Return vs Market: INDU A underperformed the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is INDU A's price volatile compared to industry and market?
INDU A volatility
INDU A Average Weekly Movement4.5%
Diversified Financial Industry Average Movement5.4%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: INDU A is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: INDU A's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194415Helena Stjernholmhttps://www.industrivarden.se/en-GB

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.

AB Industrivärden Fundamentals Summary

How do AB Industrivärden's earnings and revenue compare to its market cap?
INDU A fundamental statistics
Market Capkr98.16b
Earnings (TTM)-kr11.47b
Revenue (TTM)n/a

-8.7x

P/S Ratio

-8.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INDU A income statement (TTM)
Revenue-kr11.32b
Cost of Revenuekr0
Gross Profit-kr11.32b
Other Expenseskr151.00m
Earnings-kr11.47b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 07, 2022

Earnings per share (EPS)-26.56
Gross Margin100.00%
Net Profit Margin101.33%
Debt/Equity Ratio6.2%

How did INDU A perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

-25%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book 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 INDU A?

Other financial metrics that can be useful for relative valuation.

INDU A 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/Revenue-9.2x
Enterprise Value/EBITDA-9.1x
PEG Ration/a

Price to Book Ratio vs Peers

How does INDU A's PB Ratio compare to its peers?

INDU A PB Ratio vs Peers
The above table shows the PB ratio for INDU A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average0.9x

Price-To-Book vs Peers: INDU A is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (0.9x).


Price to Earnings Ratio vs Industry

How does INDU A's PE Ratio compare vs other companies in the Diversified Financial Industry?

Price-To-Book vs Industry: INDU A is good value based on its Price-To-Book Ratio (0.8x) compared to the Swedish Diversified Financial industry average (0.9x)


Price to Book Ratio vs Fair Ratio

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

INDU A PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate INDU A's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: INDU A (SEK228.1) is trading below our estimate of fair value (SEK623.63)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.1%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AB Industrivärden has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether AB Industrivärden is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • AB Industrivärden competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has AB Industrivärden 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


1.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: INDU A is currently unprofitable.

Growing Profit Margin: INDU A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: INDU A is unprofitable, but has reduced losses over the past 5 years at a rate of 1.2% per year.

Accelerating Growth: Unable to compare INDU A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: INDU A is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-73.7%).


Return on Equity

High ROE: INDU A has a negative Return on Equity (-9.31%), as it is currently unprofitable.


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Financial Health

How is AB Industrivärden's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: INDU A's short term assets (SEK2.0B) do not cover its short term liabilities (SEK2.3B).

Long Term Liabilities: INDU A's short term assets (SEK2.0B) do not cover its long term liabilities (SEK5.7B).


Debt to Equity History and Analysis

Debt Level: INDU A's net debt to equity ratio (5%) is considered satisfactory.

Reducing Debt: INDU A's debt to equity ratio has reduced from 13% to 6.2% over the past 5 years.

Debt Coverage: INDU A's debt is well covered by operating cash flow (100.8%).

Interest Coverage: Insufficient data to determine if INDU A's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.96%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: INDU A's dividend (2.96%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).

High Dividend: INDU A's dividend (2.96%) is low compared to the top 25% of dividend payers in the Swedish market (5.41%).


Stability and Growth of Payments

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

Growing Dividend: INDU A's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: INDU A is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.8%), INDU A's dividend payments are well covered by cash flows.


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Management

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

7.4yrs

Average management tenure


CEO

Helena Stjernholm (51 yo)

6.75yrs

Tenure

kr22,000,000

Compensation

Ms. Helena Stjernholm has been the President and Chief Executive Officer of Aktiebolaget Industrivärden (AB Industrivärden) since September 1, 2015 and also served as the Head of Investment & Analysis. Ms....


CEO Compensation Analysis

Compensation vs Market: Helena's total compensation ($USD2.17M) is about average for companies of similar size in the Swedish market ($USD2.57M).

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


Leadership Team

Experienced Management: INDU A's management team is seasoned and experienced (7.4 years average tenure).


Board Members

Experienced Board: INDU A's board of directors are considered experienced (7.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: INDU A 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 Industrivärden (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: AB Industrivärden (publ)
  • Ticker: INDU A
  • Exchange: OM
  • Founded: 1944
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Implied Market Cap: kr98.157b
  • Shares outstanding: 431.90m
  • Website: https://www.industrivarden.se/en-GB

Number of Employees


Location

  • AB Industrivärden (publ)
  • Storgatan 10
  • Stockholm
  • Stockholm County
  • 114 51
  • 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.