Ratos
OM:RATO B
RATO B
OM
SEK9B
Market Cap
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.
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.
- 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
| 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.
| 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
| 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
| 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 |
| 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.
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Value checks
We assess Ratos's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) 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!
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
| 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
All numbers in SEK Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| 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 |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | ||||
| 2020-12-31 | ||||
| 2019-12-31 |
| 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.
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
| 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.
| Date (Data in SEK Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | ||||
| 2020-12-31 | ||||
| 2019-12-31 |
| 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.
X
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.
Future performance checks
We assess Ratos's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
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.
| 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
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.
Past performance checks
We assess Ratos's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
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.
- 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.
| 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
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Ratos's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Ratos has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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
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
| 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.
| 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 |
| 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.
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Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Ratos's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- 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) 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
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 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
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.
Management checks
We assess Ratos's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) 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 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
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.
