Attendo AB (publ) provides financed care services in Sweden, Finland, Norway, and Denmark. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Attendo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATT is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ATT's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ATT underperformed the Swedish Healthcare industry which returned 87.6% over the past year.
Return vs Market: ATT underperformed the Swedish Market which returned 57.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Attendo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAttendo's (STO:ATT) Returns On Capital Not Reflecting Well On The Business
1 month ago | Simply Wall StWe Think Attendo (STO:ATT) Is Taking Some Risk With Its Debt
2 months ago | Simply Wall StAttendo's(STO:ATT) Share Price Is Down 45% Over The Past Three Years.
Is Attendo undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATT (SEK52.3) is trading below our estimate of fair value (SEK156.29)
Significantly Below Fair Value: ATT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATT is unprofitable, so we can't compare its PE Ratio to the SE Healthcare industry average.
PE vs Market: ATT is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATT's PB Ratio (1.7x) is in line with the SE Healthcare industry average.
How is Attendo forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: ATT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ATT's is expected to become profitable in the next 3 years.
Revenue vs Market: ATT's revenue (5% per year) is forecast to grow faster than the Swedish market (3.5% per year).
High Growth Revenue: ATT's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATT's Return on Equity is forecast to be low in 3 years time (9%).
How has Attendo performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATT is currently unprofitable.
Growing Profit Margin: ATT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATT is unprofitable, and losses have increased over the past 5 years at a rate of 55.2% per year.
Accelerating Growth: Unable to compare ATT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATT is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (37.9%).
Return on Equity
High ROE: ATT has a negative Return on Equity (-18.56%), as it is currently unprofitable.
How is Attendo's financial position?
Financial Position Analysis
Short Term Liabilities: ATT's short term assets (SEK2.3B) do not cover its short term liabilities (SEK3.0B).
Long Term Liabilities: ATT's short term assets (SEK2.3B) do not cover its long term liabilities (SEK12.2B).
Debt to Equity History and Analysis
Debt Level: ATT's debt to equity ratio (46.1%) is considered high.
Reducing Debt: ATT's debt to equity ratio has reduced from 84.7% to 46.1% over the past 5 years.
Debt Coverage: ATT's debt is well covered by operating cash flow (73.2%).
Interest Coverage: ATT is unprofitable, therefore interest payments are not well covered by earnings.
What is Attendo current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATT'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 ATT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ATT is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATT's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Tiveus (50 yo)
Mr. Martin Folke Tivéus has been the Chief Executive Officer at Attendo AB (publ) since September, 2018 and has been its President since 2018. Mr. Tivéus is Director of Telia Company AB since March 2018. H...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD1.50M) is above average for companies of similar size in the Swedish market ($USD747.11K).
Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.
Experienced Management: ATT's management team is considered experienced (3.1 years average tenure).
Experienced Board: ATT's board of directors are considered experienced (3 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.
Attendo AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Attendo AB (publ)
- Ticker: ATT
- Exchange: OM
- Founded: 1985
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: kr8.432b
- Shares outstanding: 160.91m
- Website: https://www.attendo.com
Number of Employees
- Attendo AB (publ)
- VendevAegen 85
- Stockholm County
- 182 91
Attendo AB (publ) provides financed care services in Sweden, Finland, Norway, and Denmark. The company offers care services for older people in nursing homes and home care. It also provides disabilities ca...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 18:30|
|End of Day Share Price||2021/04/13 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.