Resurs Holding
Market Cap
kr10.4b
Last Updated
2019/08/18 21:49 UTC
Data Sources
Company Financials +
Executive Summary
Resurs Holding AB (publ), through its subsidiaries, provides payment solutions, consumer loans, and insurance products in Sweden, Denmark, Norway, and Finland.
Snowflake
Fundamentals
Good value with reasonable growth potential and pays a dividend.
Risks
- Resurs Holding is covered by less than 3 analysts.
Similar Companies
Share Price & News
How has Resurs Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-2.4%
OM:RESURS
-2.7%
SE Consumer Finance
-1.2%
SE Market
1 Year Return
-22.3%
OM:RESURS
-25.7%
SE Consumer Finance
-2.6%
SE Market
RESURS outperformed the Consumer Finance industry which returned -25.7% over the past year.
RESURS underperformed the Market in Sweden which returned -2.6% over the past year.
Share holder returns
| RESURS | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -2.7% | -1.2% |
| 30 Day | -8.8% | -6.5% | -4.8% |
| 90 Day | -6.3% | -9.5% | -1.8% |
| 1 Year | -17.6%-22.3% | -22.8%-25.7% | 1.5%-2.6% |
| 3 Year | 14.8%-3.2% | -32.5%-46.0% | 24.4%6.0% |
| 5 Year | n/a | -13.3%-38.7% | 44.9%14.3% |
Price Volatility Vs. Market
How volatile is Resurs Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
What Is Resurs Holding AB (publ)'s (STO:RESURS) Share Price Doing?3 months ago | Simply Wall St
Is Resurs Holding AB (publ)'s (STO:RESURS) CEO Being Overpaid?3 months ago | Simply Wall St
What Kind Of Investor Owns Most Of Resurs Holding AB (publ) (STO:RESURS)?Valuation
Is Resurs Holding undervalued based on future cash flows and its price relative to the stock market?
30%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Resurs Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
Resurs Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Resurs Holding is good value based on earnings compared to the Europe Consumer Finance industry average.
Resurs Holding is good value based on earnings compared to the Sweden market.
Price Based on Expected Growth
Resurs Holding is good value based on expected growth next year.
Price Based on Value of Assets
Resurs Holding is overvalued based on assets compared to the Europe Consumer Finance industry average.
Next Steps
Future Growth
How is Resurs Holding expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Resurs Holding's revenue is expected to grow by 15.6% yearly, however this is not considered high growth (20% yearly).
Resurs Holding's earnings are expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).
Resurs Holding's revenue growth is expected to exceed the Sweden market average.
Resurs Holding's earnings growth is expected to exceed the Sweden market average.
Resurs Holding's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Earnings per Share Growth Estimates
Future Return on Equity
Resurs Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has Resurs Holding performed over the past 5 years?
18.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Resurs Holding's year on year earnings growth rate has been positive over the past 5 years.
Resurs Holding's 1-year earnings growth is less than its 5-year average (6.5% vs 18.5%)
Resurs Holding's earnings growth has not exceeded the Europe Consumer Finance industry average in the past year (6.5% vs 7.2%).
Return on Equity
Resurs Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Resurs Holding used its assets less efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Resurs Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Resurs Holding's financial position?
Financial Position Analysis
Resurs Holding's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Resurs Holding's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Resurs Holding's level of debt (124.1%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (1.9% vs 124.1% today).
Operating cash flow is negative therefore debt is not well covered.
Unable to confirm if the interest payments on Resurs Holding's debt are well covered by earnings due to lack of past financial data.
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.8x debt.
Next Steps
Dividend
What is Resurs Holding's current dividend yield, its reliability and sustainability?
8.05%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Resurs Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.97%).
Resurs Holding's dividend is above the markets top 25% of dividend payers in Sweden (4.54%).
Whilst dividend payments have been stable, Resurs Holding has been paying a dividend for less than 10 years.
Dividend payments have increased, but Resurs Holding only paid a dividend in the past 2 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.6x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
Next Steps
Management
What is the CEO of Resurs Holding's salary, the management and board of directors tenure and is there insider trading?
2.3yrs
Average management tenure
CEO
Kenneth Nilsson (57yo)
7.6yrs
Tenure
kr5,866,000
Compensation
Mr. Kenneth Nilsson has been the Chief Executive Officer and President at Resurs Holding AB (publ) since 2012. Mr. Nilsson has been the Chief Executive Officer of Resurs Bank AB (publ) since September 01, ...
CEO Compensation Analysis
Kenneth's remuneration is about average for companies of similar size in Sweden.
Kenneth's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.3yrs
Average Tenure
46yo
Average Age
The tenure for the Resurs Holding management team is about average.
Board Age and Tenure
6.6yrs
Average Tenure
52.5yo
Average Age
The tenure for the Resurs Holding board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Company |
| Shares | 100,000 |
| Max Price | kr55.10 |
| Entity | Company |
| Shares | 145,187 |
| Max Price | kr58.98 |
| Entity | Company |
| Shares | 11,020 |
| Max Price | kr55.47 |
Ownership Breakdown
Management Team
Eva Brike (51yo)
Chief Human Resources Officer
- Tenure: 2.3yrs
Peter Rosén (51yo)
Deputy CEO
- Tenure: 4.0yrs
Kenneth Nilsson (57yo)
President & CEO
- Tenure: 7.6yrs
- Compensation: kr5.87m
Erik Frick (37yo)
Chief Operating Officer
- Tenure: 0.9yrs
Marcus Tillberg (44yo)
MD of Solid Försäkringar
- Tenure: 0.0yrs
Anette Riple (44yo)
Chief Marketing Officer
- Tenure: 2.4yrs
Anna Nauclér
Chief Commercial Officer
- Tenure: 1.6yrs
Sebastian Green (46yo)
Chief Information Officer
- Tenure: 1.6yrs
Board Members
Jan Samuelson (56yo)
Chairman of the Board
- Tenure: 7.6yrs
- Compensation: kr1.52m
Mariana Linder (62yo)
Director
- Tenure: 4.6yrs
- Compensation: kr607.00k
Christian Frick (43yo)
Director
- Tenure: 7.6yrs
- Compensation: kr477.00k
Lars Nordstrand (68yo)
Director
- Tenure: 5.6yrs
- Compensation: kr795.00k
Anders Dahlvig (62yo)
Director
- Tenure: 7.6yrs
- Compensation: kr469.00k
Fredrik Carlsson (49yo)
Director
- Tenure: 7.6yrs
- Compensation: kr651.00k
Marita Engström (58yo)
Director
- Tenure: 4.6yrs
- Compensation: kr552.00k
Martin Bengtsson (49yo)
Director
- Tenure: 7.6yrs
- Compensation: kr460.00k
Mikael Wintzell (38yo)
Director
- Tenure: 1.3yrs
- Compensation: kr293.00k
Johanna Berlinde (49yo)
Director
- Tenure: 0.3yrs
Company Information
Resurs Holding AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Resurs Holding AB (publ)
- Ticker: RESURS
- Exchange: OM
- Founded: 1977
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: kr10.430b
- Shares outstanding: 200.00m
- Website: https://www.resursholding.se
Number of Employees
Location
- Resurs Holding AB (publ)
- Ekslingan 9
- Väla North
- Helsingborg
- Skåne County
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RESURS | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Apr 2016 |
| 4R6 | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Apr 2016 |
| 0RFP | LSE (London Stock Exchange) | Yes | Share Capital | GB | SEK | Apr 2016 |
| RSRS.F | OTCPK (Pink Sheets LLC) | Yes | Share Capital | US | USD | Apr 2016 |
| RESURS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | SEK | Apr 2016 |
Biography
Resurs Holding AB (publ), through its subsidiaries, provides payment solutions, consumer loans, and insurance products in Sweden, Denmark, Norway, and Finland. The company’s payment solutions comprises ret ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/18 21:49 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.