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Ratos

OM:RATO B
Snowflake Description

Overvalued not a dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RATO B
OM
SEK9B
Market Cap
  1. Home
  2. SE
  3. Diversified Financials
Company description

Ratos AB (publ) is a private equity firm specializing in buyouts, turnarounds, add on acquisitions, and middle market transactions. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Ratos is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Ratos has significant price volatility in the past 3 months.
RATO B Share Price and Events
7 Day Returns
-1%
OM:RATO B
-3.4%
SE Capital Markets
-1.7%
SE Market
1 Year Returns
-9.7%
OM:RATO B
-13.6%
SE Capital Markets
-1%
SE Market
RATO B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ratos (RATO B) -1% 25% 30.5% -9.7% -41.6% -59%
SE Capital Markets -3.4% -2.9% -7.7% -13.6% 8.3% 50.6%
SE Market -1.7% -5% 0.2% -1% 10% 15%
1 Year Return vs Industry and Market
  • RATO B outperformed the Capital Markets industry which returned -13.6% over the past year.
  • RATO B underperformed the Market in Sweden which returned -1% over the past year.
Price Volatility
RATO B
Industry
5yr Volatility vs Market

RATO B Value

 Is Ratos undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ratos. This is due to cash flow or dividend data being unavailable. The share price is SEK26.62.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ratos's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ratos's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:RATO B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SEK SEK-1.29
OM:RATO B Share Price ** OM (2019-05-24) in SEK SEK26.62
Europe Capital Markets Industry PE Ratio Median Figure of 130 Publicly-Listed Capital Markets Companies 17.01x
Sweden Market PE Ratio Median Figure of 323 Publicly-Listed Companies 16.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ratos.

OM:RATO B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:RATO B Share Price ÷ EPS (both in SEK)

= 26.62 ÷ -1.29

-20.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ratos is loss making, we can't compare its value to the Europe Capital Markets industry average.
  • Ratos is loss making, we can't compare the value of its earnings to the Sweden market.
Price based on expected Growth
Does Ratos's expected growth come at a high price?
Raw Data
OM:RATO B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -20.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Capital Markets Industry PEG Ratio Median Figure of 60 Publicly-Listed Capital Markets Companies 1.38x
Sweden Market PEG Ratio Median Figure of 235 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ratos, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ratos's assets?
Raw Data
OM:RATO B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SEK SEK27.43
OM:RATO B Share Price * OM (2019-05-24) in SEK SEK26.62
Sweden Capital Markets Industry PB Ratio Median Figure of 5 Publicly-Listed Capital Markets Companies 1.49x
Sweden Market PB Ratio Median Figure of 568 Publicly-Listed Companies 2.47x
OM:RATO B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:RATO B Share Price ÷ Book Value per Share (both in SEK)

= 26.62 ÷ 27.43

0.97x

* Primary Listing of Ratos.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ratos is good value based on assets compared to the SE Capital Markets industry average.
X
Value checks
We assess Ratos's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Ratos has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RATO B Future Performance

 How is Ratos expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Ratos 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ratos expected to grow at an attractive rate?
  • Unable to compare Ratos's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ratos's earnings growth to the Sweden market average as no estimate data is available.
  • Unable to compare Ratos's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OM:RATO B Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 15%
Europe Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.7%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:RATO B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:RATO B Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
OM:RATO B Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-03-31 23,719 1,016 -411
2018-12-31 23,125 732 -448
2018-09-30 22,618 1,315 -342
2018-06-30 22,537 1,335 340
2018-03-31 22,409 1,141 185
2017-12-31 23,059 1,299 229
2017-09-30 24,296 1,358 2,116
2017-06-30 25,257 1,769 -253
2017-03-31 24,884 1,115 -637
2016-12-31 25,228 1,451 -572
2016-09-30 25,097 1,324 -2,493
2016-06-30 24,338 1,661 72

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ratos is high growth as no earnings estimate data is available.
  • Unable to determine if Ratos is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:RATO B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ratos Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:RATO B Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
OM:RATO B Past Financials Data
Date (Data in SEK Millions) EPS *
2019-03-31 -1.29
2018-12-31 -1.40
2018-09-30 -1.07
2018-06-30 1.07
2018-03-31 0.58
2017-12-31 0.72
2017-09-30 6.63
2017-06-30 -0.79
2017-03-31 -2.00
2016-12-31 -1.79
2016-09-30 -7.81
2016-06-30 0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ratos will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of RATO B’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Ratos's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Ratos's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ratos's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ratos has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RATO B Past Performance

  How has Ratos performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ratos's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ratos does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ratos's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ratos's 1-year growth to the Europe Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Ratos's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ratos Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:RATO B Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 23,719.00 -411.00 7,044.00
2018-12-31 23,125.00 -448.00 6,985.00
2018-09-30 22,618.00 -342.00 7,019.00
2018-06-30 22,537.00 340.00 6,935.00
2018-03-31 22,409.00 185.00 6,936.00
2017-12-31 23,059.00 229.00 7,023.00
2017-09-30 24,296.00 2,116.00 7,294.00
2017-06-30 25,257.00 -253.00 7,509.00
2017-03-31 24,884.00 -637.00 7,687.00
2016-12-31 25,228.00 -572.00 7,797.00
2016-09-30 25,097.00 -2,493.00 7,588.00
2016-06-30 24,338.00 72.00 7,473.00
2016-03-31 24,182.00 398.00 7,487.00
2015-12-31 24,480.00 413.00 7,533.00
2015-09-30 24,679.00 965.00 7,715.00
2015-06-30 26,278.00 1,359.00 8,230.00
2015-03-31 27,479.00 1,059.00 8,648.00
2014-12-31 28,166.00 1,026.00 9,011.00
2014-09-30 29,401.00 932.00 9,388.00
2014-06-30 29,030.00 -192.00 9,276.00
2014-03-31 27,513.00 -185.00 9,059.00
2013-12-31 26,084.00 680.00 8,890.00
2013-09-30 24,928.00 574.00 8,685.00
2013-06-30 24,334.00 1,424.00 8,666.00
2013-03-31 25,739.00 1,414.00 9,011.00
2012-12-31 27,100.00 606.00 9,342.00
2012-09-30 28,289.00 785.00 9,623.00
2012-06-30 29,281.00 -204.00 10,026.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ratos has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ratos has efficiently used its assets last year compared to the Europe Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ratos improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ratos's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ratos has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RATO B Health

 How is Ratos's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ratos's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ratos's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ratos's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ratos's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ratos Company Filings, last reported 1 month ago.

OM:RATO B Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 10,592.00 10,968.00 2,840.00
2018-12-31 10,630.00 6,529.00 3,404.00
2018-09-30 11,569.00 6,423.00 3,072.00
2018-06-30 11,448.00 6,486.00 3,481.00
2018-03-31 11,794.00 6,995.00 3,805.00
2017-12-31 11,546.00 6,838.00 3,881.00
2017-09-30 12,069.00 7,276.00 3,537.00
2017-06-30 11,461.00 7,867.00 3,196.00
2017-03-31 13,150.00 8,892.00 5,194.00
2016-12-31 13,286.00 8,181.00 4,389.00
2016-09-30 12,733.00 8,775.00 3,752.00
2016-06-30 14,546.00 8,378.00 4,585.00
2016-03-31 15,310.00 8,316.00 6,068.00
2015-12-31 15,301.00 8,232.00 6,455.00
2015-09-30 16,425.00 8,385.00 5,985.00
2015-06-30 16,001.00 8,500.00 4,583.00
2015-03-31 16,918.00 10,707.00 5,132.00
2014-12-31 17,009.00 10,263.00 5,320.00
2014-09-30 16,660.00 10,783.00 1,877.00
2014-06-30 15,318.00 13,140.00 2,064.00
2014-03-31 15,107.00 13,230.00 3,486.00
2013-12-31 16,133.00 12,517.00 3,337.00
2013-09-30 16,098.00 12,908.00 2,776.00
2013-06-30 15,912.00 13,129.00 2,092.00
2013-03-31 13,624.00 10,970.00 3,956.00
2012-12-31 13,141.00 10,426.00 3,203.00
2012-09-30 13,436.00 11,975.00 3,018.00
2012-06-30 12,758.00 12,154.00 959.00
  • Ratos's level of debt (103.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (87.6% vs 103.5% today).
  • Debt is not well covered by operating cash flow (9.3%, less than 20% of total debt).
  • Ratos is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Ratos's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ratos has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RATO B Dividends

 What is Ratos's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.88%
Current annual income from Ratos dividends. Estimated to be 3.91% next year.
If you bought SEK2,000 of Ratos shares you are expected to receive SEK38 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ratos's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.82%).
  • Ratos's dividend is below the markets top 25% of dividend payers in Sweden (4.39%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:RATO B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 104 Stocks 3.7%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 244 Stocks 3.3%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.8%
Sweden Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OM:RATO B Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 1.38 2.00
2020-12-31 1.00 2.00
2019-12-31 0.75 2.00
OM:RATO B Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-02-07 0.500 2.383
2018-03-28 2.000 6.960
2017-04-06 2.000 5.277
2017-03-03 2.000 4.765
2017-02-17 2.000 4.725
2016-04-15 3.250 7.712
2015-03-05 3.250 6.307
2015-02-19 3.250 5.616
2014-03-28 3.000 5.513
2013-04-18 3.000 5.127
2012-02-29 5.500 8.300
2012-02-16 5.500 6.317
2011-04-06 5.250 5.526
2010-04-16 4.750 4.225

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ratos has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Ratos has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Ratos's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ratos's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ratos afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ratos has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RATO B Management

 What is the CEO of Ratos's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jonas Wiström
COMPENSATION SEK1,200,000
AGE 58
TENURE AS CEO 1.4 years
CEO Bio

Mr. Jonas Wiström, M.Sc., has been the Chief Executive Officer of Ratos AB since December 13, 2017 and has been its President since January 2019 and Director since 2016. Mr. Wiström has been an Executive Officer of ÅF AB since March 31, 2017 and served as its Chief Executive Officer and President since 2002 until March 31, 2017. Mr. Wiström served as Chief Executive Officer and President at ÅF Group at CTS Engtec Oy. Mr. Wiström serves as the Vice Chairman of the Board in Teknikföretagen, IVA Business Executives Council and a Board member in Business Sweden and ICC. He serves as a Board Member of the Association of the Swedish IT and Telecom Industry and the Confederation of Swedish Enterprise. Mr. Wiström serves as a Member of the Royal Swedish Academy of Engineering Sciences, IVA. Mr. Wiström was an Acting Senior Vice President of Pulp & Paper at ÅF AB since 2004. He served as the Chairman of Ratos AB since April 14, 2016 until December 12, 2017. He served as a Director at Tieto Oyj from March 23, 2017 to March 22, 2018. He served as a Director at AF-Consult Switzerland AG. He served as a Director of Procure It Right AB. Mr. Wiström served as a Director of ÅF AB since 2002. Mr. Wiström holds M.Sc. from Royal Swedish Institution of Technology (KTH). Mr. Wiström holds M.Sc in engineering from the Stockholm Royal Institute of Technology.

CEO Compensation
  • Jonas's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jonas's remuneration is lower than average for companies of similar size in Sweden.
Management Team Tenure

Average tenure and age of the Ratos management team in years:

0.9
Average Tenure
54
Average Age
  • The average tenure for the Ratos management team is less than 2 years, this suggests a new team.
Management Team

Jonas Wiström

TITLE
CEO, President & Director
COMPENSATION
SEK1M
AGE
58
TENURE
1.4 yrs

Peter Wallin

TITLE
Chief Financial Officer
AGE
51
TENURE
0.4 yrs

Maria Backe

TITLE
Group Accounting Manager

Helene Gustafsson

TITLE
Head of IR & Press
AGE
36

Magnus Stephensen

TITLE
Secretary to the Board & General Counsel

Karl Molander

TITLE
Head of Debt Management
AGE
61

Berit Lind

TITLE
Investment Controller
AGE
57

Martina Kengo

TITLE
Group Financial Controller

Lars Nykvist

TITLE
Chief Executive Officer of Kvdbil
TENURE
0.5 yrs

Christian Gebauer

TITLE
Director of Investment
AGE
38
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Ratos board of directors in years:

4.3
Average Tenure
61
Average Age
  • The tenure for the Ratos board of directors is about average.
Board of Directors

Per-Olof Söderberg

TITLE
Chairman of the Board
COMPENSATION
SEK500K
AGE
63
TENURE
1.4 yrs

Jonas Wiström

TITLE
CEO, President & Director
COMPENSATION
SEK1M
AGE
58
TENURE
3.3 yrs

Jan Söderberg

TITLE
Deputy Chairman
COMPENSATION
SEK500K
AGE
62
TENURE
1.4 yrs

Henning Øglænd

TITLE
Industrial Advisor & Chairman of Advisory Board of Norway
AGE
61

Helge Midttun

TITLE
Industrial Advisor & Member of Advisory Board of Norway
AGE
63
TENURE
9.3 yrs

Peter Seligson

TITLE
Industrial Advisor & Member of Advisory Board of Finland
AGE
54
TENURE
7.3 yrs

Peter Carrick

TITLE
Industrial Advisor & Member of Advisory Board of Sweden
AGE
66

Per Nordgren

TITLE
Industrial Advisor & Member of Advisory Board of Sweden
AGE
52

Birgitta Göransson

TITLE
Industrial Advisor & Member of Advisory Board of Sweden
AGE
61

Kristine Landmark

TITLE
Industrial Advisor and Member of Advisory Board of Norway
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
27. Feb 19 Buy Jan Söderberg Individual 21. Dec 17 11. Feb 19 1,150,000 SEK39.43 SEK36,375,816
12. Feb 19 Buy Per-Olof Söderberg Individual 11. Feb 19 11. Feb 19 150,000 SEK19.23 SEK2,865,085
11. Feb 19 Buy Jonas Wiström Individual 11. Feb 19 11. Feb 19 50,000 SEK18.68 SEK933,800
28. Dec 18 Buy Jonas Wiström Individual 28. Dec 18 28. Dec 18 40,000 SEK23.18 SEK927,320
11. Jun 18 Buy Jonas Wiström Individual 11. Jun 18 11. Jun 18 40,000 SEK29.44 SEK1,177,600
X
Management checks
We assess Ratos's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ratos has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RATO B News

Simply Wall St News

RATO B Company Info

Description

Ratos AB (publ) is a private equity firm specializing in buyouts, turnarounds, add on acquisitions, and middle market transactions. The firm does not invest in early stages and in companies that operate in the arms industry, pornography, or are detrimental to the environment. It seeks to invest in unlisted large and medium sized companies. It is sector-neutral and prefers to invest in all sectors. The firm typically invests in the Nordic region, with focus on Sweden, Finland, Denmark, and Norway. It seeks to invest in companies with equity investments between SEK250 million ($29.66 million) and SEK5000 million ($762.77 million) and invest in companies with sales values between SEK300 million ($45.77 million) and SEK5000 million (762.77 million). The firm prefers to be the principal owner with a minimum holding of at least 20 percent and also seeks a board seat. It prefers to hold its investment between five to ten years. It invests through its own balance sheet and bank loans. Ratos AB was founded in 1934 and is based in Stockholm, Sweden.

Details
Name: Ratos AB (publ)
RATO B
Exchange: OM
Founded: 1934
SEK8,532,795,345
319,014,634
Website: http://www.ratos.se
Address: Ratos AB (publ)
Drottninggatan 2,
Box 1661,
Stockholm,
Stockholm County, 111 96,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM RATO B Class B Shares OMX Nordic Exchange Stockholm SE SEK 02. Jan 1992
OTCPK RTOB.F Class B Shares Pink Sheets LLC US USD 02. Jan 1992
DB RAZB Class B Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0KBQ Class B Shares London Stock Exchange GB SEK 02. Jan 1992
BATS-CHIXE RATOBS Class B Shares BATS 'Chi-X Europe' GB SEK 02. Jan 1992
OM RATO A Class A Shares OMX Nordic Exchange Stockholm SE SEK 19. Aug 1992
BATS-CHIXE RATOAS Class A Shares BATS 'Chi-X Europe' GB SEK 19. Aug 1992
Number of employees
Current staff
Staff numbers
12,300
Ratos employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 20:58
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/08
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.