Investment AB Oresund is a publicly owned investment manager. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Investment AB Öresund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORES is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ORES's weekly volatility (4%) has been stable over the past year.
7 Day Return
SE Diversified Financial
1 Year Return
SE Diversified Financial
Return vs Industry: ORES underperformed the Swedish Diversified Financial industry which returned 24.1% over the past year.
Return vs Market: ORES underperformed the Swedish Market which returned 17.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Investment AB Öresund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StShould You Buy Investment AB Öresund (publ) (STO:ORES) For Its 4.9% Dividend?
1 month ago | Simply Wall StWhat You Need To Know About Investment AB Öresund (publ)'s (STO:ORES) Investor Composition
3 months ago | Simply Wall StZooming in on STO:ORES's 4.8% Dividend Yield
Is Investment AB Öresund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORES (SEK122) is trading below our estimate of fair value (SEK162.24)
Significantly Below Fair Value: ORES is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORES is poor value based on its PE Ratio (24.2x) compared to the SE Diversified Financial industry average (6.4x).
PE vs Market: ORES is poor value based on its PE Ratio (24.2x) compared to the Swedish market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ORES's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORES is good value based on its PB Ratio (1x) compared to the SE Diversified Financial industry average (1.2x).
How is Investment AB Öresund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Investment AB Öresund 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.
- Examine whether Investment AB Öresund 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.
- Investment AB Öresund competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Investment AB Öresund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORES has high quality earnings.
Growing Profit Margin: ORES became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ORES's earnings have declined by 46.1% per year over the past 5 years.
Accelerating Growth: ORES has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ORES has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (189.7%).
Return on Equity
High ROE: ORES's Return on Equity (4%) is considered low.
How is Investment AB Öresund's financial position?
Financial Position Analysis
Short Term Liabilities: ORES's short term assets (SEK361.8M) exceed its short term liabilities (SEK345.1M).
Long Term Liabilities: ORES's short term assets (SEK361.8M) exceed its long term liabilities (SEK5.1M).
Debt to Equity History and Analysis
Debt Level: ORES's debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: ORES's debt to equity ratio has increased from 3.4% to 3.5% over the past 5 years.
Debt Coverage: ORES's debt is not well covered by operating cash flow (4%).
Interest Coverage: ORES earns more interest than it pays, so coverage of interest payments is not a concern.
What is Investment AB Öresund current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORES's dividend (4.92%) is higher than the bottom 25% of dividend payers in the Swedish market (0.94%).
High Dividend: ORES's dividend (4.92%) is in the top 25% of dividend payers in the Swedish market (3.41%)
Stability and Growth of Payments
Stable Dividend: ORES's dividend payments have been volatile in the past 10 years.
Growing Dividend: ORES's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (119.2%), ORES's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nicklas Paulson (50 yo)
Mr. Nicklas Arne Paulson serves as Director of Bilia AB since April 10, 2018. Mr. Paulson served as Director Bulten AB (publ) since April 26, 2018 until April 2020. Mr. Paulson has been Chief Executive Off...
|Independent Director||9yrs||no data||0.062% |
|Independent Director||7yrs||no data||0.053% |
|Chairman of the Board of Directors||no data||kr300.00k||23.39% |
|Director||7yrs||no data||3.35% |
|Independent Vice Chairman||no data||kr300.00k||0.0066% |
|Independent Director||9yrs||no data||0.17% |
|Independent Director||3yrs||no data||0.067% |
Experienced Board: ORES's board of directors are considered experienced (7 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Investment AB Öresund (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Investment AB Öresund (publ)
- Ticker: ORES
- Exchange: OM
- Founded: 1890
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: kr5.502b
- Shares outstanding: 45.10m
- Website: https://www.oresund.se
Number of Employees
- Investment AB Öresund (publ)
- Norrlandsgatan 15
- 6th Floor
- Stockholm County
- 103 94
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ORES||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Jan 1992|
|0RGB||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Jan 1992|
|ORESS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Jan 1992|
Investment AB Oresund is a publicly owned investment manager. Investment AB Oresund was founded in 1890 and is based in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 20:00|
|End of Day Share Price||2021/01/22 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.