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SECT

Sectra OM:SECT B Stock Report

Last Price

kr135.30

Market Cap

kr24.9b

7D

3.4%

1Y

3.8%

Updated

27 Jun, 2022

Data

Company Financials +
SECT B fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

SECT B Stock Overview

Sectra AB (publ) provides solutions for medical IT and cybersecurity sectors.

Rewards

Earnings are forecast to grow 11.84% per year

Earnings grew by 14.3% over the past year

Risk Analysis

No risks detected for SECT B from our risk checks.

Sectra Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sectra
Historical stock prices
Current Share Pricekr135.30
52 Week Highkr250.20
52 Week Lowkr111.40
Beta1
1 Month Change2.19%
3 Month Change-8.40%
1 Year Change3.84%
3 Year Change97.81%
5 Year Change301.48%
Change since IPO4,732.15%

Recent News & Updates

Jun 13
Sectra (STO:SECT B) Looks To Prolong Its Impressive Returns

Sectra (STO:SECT B) Looks To Prolong Its Impressive Returns

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...

May 08
Here's Why I Think Sectra (STO:SECT B) Is An Interesting Stock

Here's Why I Think Sectra (STO:SECT B) Is An Interesting Stock

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

SECT BSE Healthcare ServicesSE Market
7D3.4%-0.2%-1.3%
1Y3.8%-7.8%-23.6%

Return vs Industry: SECT B exceeded the Swedish Healthcare Services industry which returned -7.8% over the past year.

Return vs Market: SECT B exceeded the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is SECT B's price volatile compared to industry and market?
SECT B volatility
SECT B Average Weekly Movement6.6%
Healthcare Services Industry Average Movement8.6%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: SECT B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SECT B's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957908Torbjörn Kronanderhttps://www.sectra.com

Sectra AB (publ) provides solutions for medical IT and cybersecurity sectors. The company’s Imaging IT Solutions segment develops and sells medical IT systems and services for managing, archiving, and presenting various types of medical images and patient information, as well as for operational follow-up and radiation dose monitoring; maintenance services in the form of support and system monitoring; and consulting services related to integration, system design, data migration, and business development. Its Secure Communications segment develops and sells products and services for secure voice and data communications, and protection of society’s sensitive IT infrastructure; project-based development; and offers security and threat analyses and system monitoring services for control systems in society’s critical operations.

Sectra Fundamentals Summary

How do Sectra's earnings and revenue compare to its market cap?
SECT B fundamental statistics
Market Capkr24.90b
Earnings (TTM)kr314.79m
Revenue (TTM)kr1.99b

83.2x

P/E Ratio

13.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SECT B income statement (TTM)
Revenuekr1.99b
Cost of Revenuekr1.23b
Gross Profitkr762.19m
Other Expenseskr447.40m
Earningskr314.79m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

Sep 02, 2022

Earnings per share (EPS)1.63
Gross Margin38.24%
Net Profit Margin15.79%
Debt/Equity Ratio0%

How did SECT B perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

n/a

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SECT B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SECT B?

Other financial metrics that can be useful for relative valuation.

SECT B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue12.1x
Enterprise Value/EBITDA59.3x
PEG Ratio7x

Price to Earnings Ratio vs Peers

How does SECT B's PE Ratio compare to its peers?

SECT B PE Ratio vs Peers
The above table shows the PE ratio for SECT B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average331.8x
SYNT SyntheticMR
823.6x77.7%kr1.4b
EKTA B Elekta
24x16.7%kr26.9b
ORTI B Ortivus
29.9xn/akr286.7m
VIMIAN Vimian Group
462.8x54.8%kr19.7b
SECT B Sectra
83.2x11.8%kr24.9b

Price-To-Earnings vs Peers: SECT B is good value based on its Price-To-Earnings Ratio (83.2x) compared to the peer average (335.1x).


Price to Earnings Ratio vs Industry

How does SECT B's PE Ratio compare vs other companies in the European Healthcare Services Industry?

Price-To-Earnings vs Industry: SECT B is expensive based on its Price-To-Earnings Ratio (83.2x) compared to the European Healthcare Services industry average (31.4x)


Price to Earnings Ratio vs Fair Ratio

What is SECT B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SECT B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio83.2x
Fair PE Ratio36.8x

Price-To-Earnings vs Fair Ratio: SECT B is expensive based on its Price-To-Earnings Ratio (83.2x) compared to the estimated Fair Price-To-Earnings Ratio (37x).


Share Price vs Fair Value

What is the Fair Price of SECT B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SECT B (SEK135.3) is trading above our estimate of fair value (SEK46.6)

Significantly Below Fair Value: SECT B is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: SECT B is poor value based on its PEG Ratio (7x)


Discover undervalued companies

Future Growth

How is Sectra forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SECT B's forecast earnings growth (11.8% per year) is above the savings rate (0.3%).

Earnings vs Market: SECT B's earnings (11.8% per year) are forecast to grow faster than the Swedish market (9.8% per year).

High Growth Earnings: SECT B's earnings are forecast to grow, but not significantly.

Revenue vs Market: SECT B's revenue (12.6% per year) is forecast to grow faster than the Swedish market (5.6% per year).

High Growth Revenue: SECT B's revenue (12.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SECT B's Return on Equity is forecast to be high in 3 years time (31%)


Discover growth companies

Past Performance

How has Sectra performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SECT B has high quality earnings.

Growing Profit Margin: SECT B's current net profit margins (15.8%) are lower than last year (16.4%).


Past Earnings Growth Analysis

Earnings Trend: SECT B's earnings have grown by 16.3% per year over the past 5 years.

Accelerating Growth: SECT B's earnings growth over the past year (14.3%) is below its 5-year average (16.3% per year).

Earnings vs Industry: SECT B earnings growth over the past year (14.3%) exceeded the Healthcare Services industry 6.6%.


Return on Equity

High ROE: SECT B's Return on Equity (29.1%) is considered high.


Discover strong past performing companies

Financial Health

How is Sectra's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SECT B's short term assets (SEK1.7B) exceed its short term liabilities (SEK1.1B).

Long Term Liabilities: SECT B's short term assets (SEK1.7B) exceed its long term liabilities (SEK46.5M).


Debt to Equity History and Analysis

Debt Level: SECT B is debt free.

Reducing Debt: SECT B has no debt compared to 5 years ago when its debt to equity ratio was 14.3%.

Debt Coverage: SECT B has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SECT B has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.74%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SECT B's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.67%).

High Dividend: SECT B's dividend (0.74%) is low compared to the top 25% of dividend payers in the Swedish market (5.41%).


Stability and Growth of Payments

Stable Dividend: SECT B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.

Growing Dividend: SECT B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SECT B is not paying a notable dividend for the Swedish market.


Discover strong dividend paying companies

Management

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

9.5yrs

Average management tenure


CEO

Torbjörn Kronander (64 yo)

9.58yrs

Tenure

kr5,527,000

Compensation

Dr. Torbjörn Kronander, Ph D., MBA, has been the Chief Executive Officer and President of Sectra Aktiebolag (publ) since November 1, 2012 and also serves as its Director since 1988. Dr. Kronander has also...


CEO Compensation Analysis

Compensation vs Market: Torbjörn's total compensation ($USD549.56K) is below average for companies of similar size in the Swedish market ($USD1.80M).

Compensation vs Earnings: Torbjörn's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SECT B's management team is seasoned and experienced (9.5 years average tenure).


Board Members

Experienced Board: SECT B's board of directors are considered experienced (3.8 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Sectra AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Sectra AB (publ)
  • Ticker: SECT B
  • Exchange: OM
  • Founded: 1957
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Implied Market Cap: kr24.905b
  • Shares outstanding: 193.66m
  • Website: https://www.sectra.com

Number of Employees


Location

  • Sectra AB (publ)
  • Teknikringen 20
  • Linköping
  • Östergötland County
  • 583 30
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/04/30
Annual Earnings2022/04/30


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.