RESURS Stock Overview
Resurs Holding AB (publ), through its subsidiaries, provides payment solutions and consumer loans in Sweden, Norway, Finland, and Denmark.
Resurs Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr27.10|
|52 Week High||kr48.22|
|52 Week Low||kr22.78|
|1 Month Change||-6.20%|
|3 Month Change||1.23%|
|1 Year Change||-36.93%|
|3 Year Change||-50.28%|
|5 Year Change||-50.09%|
|Change since IPO||-50.82%|
Recent News & Updates
|RESURS||SE Consumer Finance||SE Market|
Return vs Industry: RESURS underperformed the Swedish Consumer Finance industry which returned -32.8% over the past year.
Return vs Market: RESURS underperformed the Swedish Market which returned -13.5% over the past year.
|RESURS Average Weekly Movement||5.0%|
|Consumer Finance Industry Average Movement||6.3%|
|Market Average Movement||7.5%|
|10% most volatile stocks in SE Market||12.6%|
|10% least volatile stocks in SE Market||4.8%|
Stable Share Price: RESURS is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: RESURS's weekly volatility (5%) has been stable over the past year.
About the Company
|1977||591||Nils Helge Carlsson||https://www.resursholding.com/en/|
Resurs Holding AB (publ), through its subsidiaries, provides payment solutions and consumer loans in Sweden, Norway, Finland, and Denmark. The company’s payment solutions comprise retail finance, which includes sales-driving finance, and payment and loyalty solutions; credit cards for retail finance partners; and factoring services. It also offers unsecured loans to consumers.
Resurs Holding Fundamentals Summary
|RESURS fundamental statistics|
Is RESURS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RESURS income statement (TTM)|
|Cost of Revenue||kr0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 21, 2022
|Earnings per share (EPS)||4.62|
|Net Profit Margin||37.86%|
How did RESURS perform over the long term?See historical performance and comparison
9.7%Current Dividend Yield
Is Resurs Holding undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RESURS (SEK27.1) is trading below our estimate of fair value (SEK105.24)
Significantly Below Fair Value: RESURS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RESURS is good value based on its Price-To-Earnings Ratio (5.9x) compared to the European Consumer Finance industry average (10.7x).
PE vs Market: RESURS is good value based on its Price-To-Earnings Ratio (5.9x) compared to the Swedish market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: RESURS is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: RESURS's Price-To-Book Ratio (0.7x) is in line with the SE Consumer Finance industry average.
How is Resurs Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RESURS's forecast earnings growth (2.8% per year) is above the savings rate (0.3%).
Earnings vs Market: RESURS's earnings (2.8% per year) are forecast to grow slower than the Swedish market (9.5% per year).
High Growth Earnings: RESURS's earnings are forecast to grow, but not significantly.
Revenue vs Market: RESURS's revenue (9.2% per year) is forecast to grow faster than the Swedish market (5.8% per year).
High Growth Revenue: RESURS's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RESURS's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Resurs Holding performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RESURS has a high level of non-cash earnings.
Growing Profit Margin: RESURS's current net profit margins (37.9%) are higher than last year (33.1%).
Past Earnings Growth Analysis
Earnings Trend: RESURS's earnings have declined by 4.3% per year over the past 5 years.
Accelerating Growth: RESURS's earnings growth over the past year (12.5%) exceeds its 5-year average (-4.3% per year).
Earnings vs Industry: RESURS earnings growth over the past year (12.5%) underperformed the Consumer Finance industry 25%.
Return on Equity
High ROE: RESURS's Return on Equity (12.6%) is considered low.
How is Resurs Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score3/6
Financial Health Score 3/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: RESURS's Assets to Equity ratio (5.9x) is low.
Allowance for Bad Loans: RESURS has a low allowance for bad loans (57%).
Low Risk Liabilities: 74% of RESURS's liabilities are made up of primarily low risk sources of funding.
Loan Level: RESURS has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: RESURS's Loans to Deposits ratio (127%) is high.
Level of Bad Loans: RESURS has a high level of bad loans (14.4%).
What is Resurs Holding current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RESURS's dividend (9.67%) is higher than the bottom 25% of dividend payers in the Swedish market (1.47%).
High Dividend: RESURS's dividend (9.67%) is in the top 25% of dividend payers in the Swedish market (4.88%)
Stability and Growth of Payments
Stable Dividend: RESURS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RESURS has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.4%), RESURS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RESURS's dividends in 3 years are forecast to be covered by earnings (57.8% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nils Helge Carlsson (52 yo)
Mr. Nils Helge George Carlsson serves as Director at Poolia AB (publ) since April 2021. He serves as the Chief Executive Officer and President of Resurs Bank AB (publ) since June 1, 2020. He serves as the...
CEO Compensation Analysis
Compensation vs Market: Nils Helge's total compensation ($USD675.82K) is about average for companies of similar size in the Swedish market ($USD543.85K).
Compensation vs Earnings: Nils Helge's compensation has been consistent with company performance over the past year.
Experienced Management: RESURS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: RESURS's board of directors are considered experienced (5.7 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Resurs Holding AB (publ)'s employee growth, exchange listings and data sources
- Name: Resurs Holding AB (publ)
- Ticker: RESURS
- Exchange: OM
- Founded: 1977
- Industry: Consumer Finance
- Sector: Diversified Financials
- Implied Market Cap: kr5.420b
- Shares outstanding: 200.00m
- Website: https://www.resursholding.com/en/
Number of Employees
- Resurs Holding AB (publ)
- Ekslingan 9
- VAela Norra
- Skåne County
- 250 24
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/26 00:00|
|End of Day Share Price||2022/05/25 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.