L E Lundbergföretagen
Market Cap
kr100.1b
Last Updated
2020/04/07 20:43 UTC
Data Sources
Company Financials
Executive Summary
L E Lundbergföretagen AB (publ), through its subsidiaries, manufactures and sells printing paper, paperboard, and sawn timber products in Sweden and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with proven track record.
Share Price & News
How has L E Lundbergföretagen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LUND B has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.3%
LUND B
5.7%
SE Diversified Financial
4.0%
SE Market
1 Year Return
43.4%
LUND B
-15.2%
SE Diversified Financial
-6.4%
SE Market
Return vs Industry: LUND B exceeded the Swedish Diversified Financial industry which returned -18% over the past year.
Return vs Market: LUND B exceeded the Swedish Market which returned -9.8% over the past year.
Shareholder returns
| LUND B | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 5.7% | 4.0% |
| 30 Day | 2.4% | -12.3% | -8.3% |
| 90 Day | 2.6% | -25.5% | -17.8% |
| 1 Year | 43.4%43.4% | -13.2%-15.2% | -4.4%-6.4% |
| 3 Year | 44.6%41.6% | -4.5%-10.8% | 6.8%-8.3% |
| 5 Year | 126.6%114.5% | 20.4%6.3% | 13.7%-9.9% |
Price Volatility Vs. Market
How volatile is L E Lundbergföretagen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
How Much Did L E Lundbergföretagen AB (publ)'s (STO:LUND B) CEO Pocket Last Year?1 month ago | Simply Wall St
Investors Who Bought L E Lundbergföretagen (STO:LUND B) Shares Five Years Ago Are Now Up 129%3 months ago | Simply Wall St
Should We Worry About L E Lundbergföretagen AB (publ)'s (STO:LUND B) P/E Ratio?Valuation
Is L E Lundbergföretagen undervalued compared to its fair value and its price relative to the market?
26.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LUND B (SEK424.8) is trading below our estimate of fair value (SEK579.02)
Significantly Below Fair Value: LUND B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LUND B is good value based on its PE Ratio (8.8x) compared to the Diversified Financial industry average (10.1x).
PE vs Market: LUND B is good value based on its PE Ratio (8.8x) compared to the Swedish market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LUND B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LUND B is overvalued based on its PB Ratio (1.3x) compared to the XE Diversified Financial industry average (0.7x).
Next Steps
Future Growth
How is L E Lundbergföretagen forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-1.3%
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 L E Lundbergföretagen 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.
Next Steps
- Examine whether L E Lundbergföretagen 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.
- L E Lundbergföretagen competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has L E Lundbergföretagen performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUND B has a large one-off gain of SEK14.2B impacting its December 31 2019 financial results.
Growing Profit Margin: LUND B's current net profit margins (43.1%) are higher than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: LUND B's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: LUND B's earnings growth over the past year (232.2%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: LUND B earnings growth over the past year (232.2%) exceeded the Diversified Financial industry 3.9%.
Return on Equity
High ROE: LUND B's Return on Equity (15.6%) is considered low.
Next Steps
Financial Health
How is L E Lundbergföretagen's financial position?
Financial Position Analysis
Short Term Liabilities: LUND B's short term assets (SEK9.7B) do not cover its short term liabilities (SEK10.8B).
Long Term Liabilities: LUND B's short term assets (SEK9.7B) do not cover its long term liabilities (SEK39.0B).
Debt to Equity History and Analysis
Debt Level: LUND B's debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: LUND B's debt to equity ratio has reduced from 24.4% to 15.3% over the past 5 years.
Debt Coverage: LUND B's debt is well covered by operating cash flow (32.3%).
Interest Coverage: LUND B's interest payments on its debt are well covered by EBIT (42x coverage).
Balance Sheet
Next Steps
Dividend
What is L E Lundbergföretagen's current dividend yield, its reliability and sustainability?
0.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LUND B's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (2.07%).
High Dividend: LUND B's dividend (0.8%) is low compared to the top 25% of dividend payers in the Swedish market (6.02%).
Stability and Growth of Payments
Stable Dividend: LUND B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.
Growing Dividend: LUND B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: LUND B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LUND B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.1yrs
Average board tenure
CEO
Fredrik Lundberg (68yo)
no data
Tenure
kr1,500,000
Compensation
Dr. Fredrik Lundberg serves as Director of Skanska AB since 2011. He is the Chairman of AB Industrivärden and Holmen AB. He is the Chairman of Hufvudstaden AB. He was Chairman of Indutrade AB until April 2 ...
CEO Compensation Analysis
Compensation vs Market: Fredrik's total compensation ($USD149.62K) is below average for companies of similar size in the Swedish market ($USD1.75M).
Compensation vs Earnings: Fredrik's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | kr1.50m | 42.33% SEK42.4b | |
| Independent Director | 8.25yrs | kr300.00k | 0.0016% SEK1.6m | |
| Independent Director | 6.25yrs | kr300.00k | 0.00081% SEK811.2k | |
| Independent Director | 11.08yrs | kr300.00k | 0.16% SEK161.5m | |
| Director | 19.25yrs | kr300.00k | 0.031% SEK30.7m | |
| Independent Chairman | 11.08yrs | kr800.00k | 0.069% SEK68.6m | |
| Director | 10yrs | kr300.00k | 13.98% SEK14.0b | |
| Director | 11.25yrs | kr300.00k | 13.98% SEK14.0b |
11.1yrs
Average Tenure
64yo
Average Age
Experienced Board: LUND B's board of directors are seasoned and experienced ( 11.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LUND 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
L E Lundbergföretagen AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: L E Lundbergföretagen AB (publ)
- Ticker: LUND B
- Exchange: OM
- Founded: 1944
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: kr100.142b
- Shares outstanding: 248.00m
- Website: https://www.lundbergforetagen.se
Number of Employees
Location
- L E Lundbergföretagen AB (publ)
- Hovslagargatan 5 B
- PO Box 14048
- Stockholm
- Stockholm County
- 104 40
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LUND B | OM (OMX Nordic Exchange Stockholm) | Yes | Series B Shares | SE | SEK | Aug 1992 |
| 0GWB | LSE (London Stock Exchange) | Yes | Series B Shares | GB | SEK | Aug 1992 |
| LUNDBS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series B Shares | GB | SEK | Aug 1992 |
| LU3B | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Aug 1992 |
Biography
L E Lundbergföretagen AB (publ), through its subsidiaries, manufactures and sells printing paper, paperboard, and sawn timber products in Sweden and internationally. It operates through four segments: Lundberg’s Real Estate Operations, Lundberg's Equity Management, Hufvudstaden, and Holmen. The company offers printing paper for magazines, product catalogs, direct advertising, books, and newspapers; and solid board and folding boxboards primarily for use as consumer packaging materials for confectionary, perfume, pharmaceuticals, and cosmetics, as well as for graphic-design applications. It is also involved in the forest and power operations; and equity management, including securities trading. In addition, the company invests in, develops, manages, and leases real estate properties, including residential, office, and retail properties. L E Lundbergföretagen AB (publ) was founded in 1944 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 20:43 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.