OM:AMBEA

Stock Analysis Report

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Executive Summary

Ambea AB (publ) provides residential care services for people with special needs in Sweden and Norway. More Details


Snowflake Analysis

Very undervalued with solid track record.


Similar Companies

Share Price & News

How has Ambea's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMBEA is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AMBEA's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

9.5%

AMBEA

3.8%

SE Healthcare

0.7%

SE Market


1 Year Return

-19.5%

AMBEA

11.1%

SE Healthcare

17.7%

SE Market

Return vs Industry: AMBEA underperformed the Swedish Healthcare industry which returned 11.6% over the past year.

Return vs Market: AMBEA underperformed the Swedish Market which returned 19.6% over the past year.


Shareholder returns

AMBEAIndustryMarket
7 Day9.5%3.8%0.7%
30 Day18.7%12.6%9.5%
90 Day5.1%11.2%9.3%
1 Year-19.5%-19.5%11.1%11.1%19.6%17.7%
3 Year-14.9%-17.5%17.0%14.4%43.3%27.7%
5 Yearn/a-14.9%-19.3%69.2%36.5%

Long-Term Price Volatility Vs. Market

How volatile is Ambea's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ambea undervalued compared to its fair value and its price relative to the market?

28.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMBEA (SEK60.2) is trading below our estimate of fair value (SEK83.79)

Significantly Below Fair Value: AMBEA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AMBEA is good value based on its PE Ratio (18.8x) compared to the SE Healthcare industry average (19.1x).

PE vs Market: AMBEA is good value based on its PE Ratio (18.8x) compared to the Swedish market (22.6x).


Price to Earnings Growth Ratio

PEG Ratio: AMBEA is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: AMBEA is good value based on its PB Ratio (1.3x) compared to the SE Healthcare industry average (1.5x).


Next Steps

Future Growth

How is Ambea forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

22.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMBEA's forecast earnings growth (22.3% per year) is above the savings rate (0.5%).

Earnings vs Market: AMBEA's earnings (22.3% per year) are forecast to grow faster than the Swedish market (11.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMBEA's revenue (5.5% per year) is forecast to grow faster than the Swedish market (3.4% per year).

High Growth Revenue: AMBEA's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMBEA's Return on Equity is forecast to be low in 3 years time (11.5%).


Next Steps

Past Performance

How has Ambea performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMBEA has high quality earnings.

Growing Profit Margin: AMBEA's current net profit margins (2.7%) are higher than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: AMBEA's earnings have grown significantly by 21.1% per year over the past 5 years.

Accelerating Growth: AMBEA's earnings growth over the past year (43.1%) exceeds its 5-year average (21.1% per year).

Earnings vs Industry: AMBEA earnings growth over the past year (43.1%) exceeded the Healthcare industry -11.1%.


Return on Equity

High ROE: AMBEA's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Ambea's financial position?


Financial Position Analysis

Short Term Liabilities: AMBEA's short term assets (SEK1.6B) do not cover its short term liabilities (SEK3.8B).

Long Term Liabilities: AMBEA's short term assets (SEK1.6B) do not cover its long term liabilities (SEK6.6B).


Debt to Equity History and Analysis

Debt Level: AMBEA's debt to equity ratio (69.1%) is considered high.

Reducing Debt: AMBEA's debt to equity ratio has increased from 45.2% to 69.1% over the past 5 years.

Debt Coverage: AMBEA's debt is well covered by operating cash flow (47.6%).

Interest Coverage: AMBEA's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Ambea current dividend yield, its reliability and sustainability?

2.25%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMBEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMBEA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMBEA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMBEA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AMBEA is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMBEA's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Fredrik Gren (52 yo)

8.83yrs

Tenure

kr10,184,658

Compensation

Mr. Fredrik Gren serves as the Chief Executive Officer and President of Ambea AB (Ambea) at Carema Care AB since February 1, 2012. Mr. Gren served as President of Ambea AB. He served as the Chief Executive...


CEO Compensation Analysis

Compensation vs Market: Fredrik's total compensation ($USD1.20M) is above average for companies of similar size in the Swedish market ($USD778.64K).

Compensation vs Earnings: Fredrik's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Fredrik Gren
CEO & President8.83yrskr10.18m0.41%
SEK 22.7m
Benno Eliasson
Chief Financial Officerno datano datano data
Jacob Persson
Head of Group Business Control & Investor Relations2.5yrsno datano data
Anders Westerholm
Head of Human Resources and Communications0.083yrno data0.022%
SEK 1.2m
Agneta Lindgren
Temporary Head of Nytida4yrsno datano data
Ulla Tansen
Division Manager of Vardaga7.92yrsno data0.39%
SEK 21.7m
Lena Freiholtz
Head of Qualityno datano datano data
Eva Domanders
Division Manager of Klara4.92yrsno data0.0056%
SEK 308.8k
Magnus Åkerhielm
Division Manager of Nytida2.92yrsno data0.0090%
SEK 498.1k
Miriam Toft
Division Manager of Altiden1.92yrsno data0.0021%
SEK 117.3k
Ingvild Kristiansen
Division Manager of Stendi1.92yrsno datano data
Maria Green-Gadelius
Head of Quality & Sustainability2.92yrsno data0.0031%
SEK 173.2k

2.9yrs

Average Tenure

54.5yo

Average Age

Experienced Management: AMBEA's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lars Gatenbeck
Independent Director2.58yrskr296.24k0.0044%
SEK 246.3k
Liselott Kilaas
Independent Director1.58yrskr208.93kno data
Gunilla Rudebjer
Independent Director4.33yrskr406.24k0.020%
SEK 1.1m
Mikael Stöhr
Independent Director2.58yrskr296.24kno data
Lena Hofsberger
Independent Chairperson7.92yrskr919.25k0.45%
SEK 24.7m
Daniel Björklund
Director1.58yrskr252.58k0.020%
SEK 1.1m
Patricia Rodriguez
Employee Representative Director4.92yrsno datano data
Haralampos Kalpakas
Employee Representative Director4.92yrsno datano data
Magnus Sällström
Employee Representative Director4.92yrsno datano data
Xenia Wenthzel
Deputy Employee Representative Director4.92yrsno data0.0078%
SEK 433.9k
Khasha Jeihouni
Deputy Employee Representative Director2.92yrsno datano data

4.3yrs

Average Tenure

61yo

Average Age

Experienced Board: AMBEA's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AMBEA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ambea AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ambea AB (publ)
  • Ticker: AMBEA
  • Exchange: OM
  • Founded: 1996
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Market Cap: kr5.534b
  • Shares outstanding: 94.44m
  • Website: https://www.ambea.com

Number of Employees


Location

  • Ambea AB (publ)
  • Evenemangsgatan 21, 6 tr
  • Box 1565
  • Solna
  • Stockholm County
  • 171 29
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0RNXLSE (London Stock Exchange)YesOrdinary SharesGBSEKMar 2017
AMBEAOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKMar 2017
AMBEASBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBSEKMar 2017
6MADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2017

Biography

Ambea AB (publ) provides residential care services for people with special needs in Sweden and Norway. The company operates through five segments: Vardaga, Nytida, Stendi, Altiden, and Klara. It offers per...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 18:39
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.