Sectra AB (publ) provides IT systems for managing medical images and patient information related to diagnostic imaging. More Details
No risks detected for SECT B from our risk checks.
Flawless balance sheet with solid track record.
Share Price & News
How has Sectra's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SECT B has not had significant price volatility in the past 3 months.
7 Day Return
SE Medical Equipment
1 Year Return
SE Medical Equipment
Return vs Industry: SECT B exceeded the Swedish Medical Equipment industry which returned 18.5% over the past year.
Return vs Market: SECT B exceeded the Swedish Market which returned 16.4% over the past year.
Price Volatility Vs. Market
How volatile is Sectra's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StDoes Sectra (STO:SECT B) Have The DNA Of A Multi-Bagger?
2 weeks ago | Simply Wall StSectra (STO:SECT B) Is Growing Earnings But Are They A Good Guide?
1 month ago | Simply Wall StA Quick Analysis On Sectra's (STO:SECT B) CEO Salary
Is Sectra undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SECT B (SEK569) is trading above our estimate of fair value (SEK107.47)
Significantly Below Fair Value: SECT B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SECT B is poor value based on its PE Ratio (95.1x) compared to the SE Medical Equipment industry average (34x).
PE vs Market: SECT B is poor value based on its PE Ratio (95.1x) compared to the Swedish market (22.1x).
Price to Earnings Growth Ratio
PEG Ratio: SECT B is poor value based on its PEG Ratio (7.5x)
Price to Book Ratio
PB vs Industry: SECT B is overvalued based on its PB Ratio (27.2x) compared to the SE Medical Equipment industry average (4.8x).
How is Sectra forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SECT B's forecast earnings growth (12.7% per year) is above the savings rate (0.5%).
Earnings vs Market: SECT B's earnings (12.7% per year) are forecast to grow slower than the Swedish market (14.7% per year).
High Growth Earnings: SECT B's earnings are forecast to grow, but not significantly.
Revenue vs Market: SECT B's revenue (11.6% per year) is forecast to grow faster than the Swedish market (3.8% per year).
High Growth Revenue: SECT B's revenue (11.6% 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 (30%)
How has Sectra performed over the past 5 years?
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 (13.8%) are higher than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: SECT B's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: SECT B's earnings growth over the past year (17.2%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: SECT B earnings growth over the past year (17.2%) underperformed the Medical Equipment industry 17.2%.
Return on Equity
High ROE: SECT B's Return on Equity (28.5%) is considered high.
How is Sectra's financial position?
Financial Position Analysis
Short Term Liabilities: SECT B's short term assets (SEK913.0M) exceed its short term liabilities (SEK506.2M).
Long Term Liabilities: SECT B's short term assets (SEK913.0M) exceed its long term liabilities (SEK76.0M).
Debt to Equity History and Analysis
Debt Level: SECT B's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: SECT B's debt to equity ratio has reduced from 5.8% to 0.4% over the past 5 years.
Debt Coverage: SECT B's debt is well covered by operating cash flow (13885.2%).
Interest Coverage: SECT B earns more interest than it pays, so coverage of interest payments is not a concern.
What is Sectra current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SECT B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SECT B'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 SECT B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SECT B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SECT B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SECT B'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
Torbjörn Kronander (63 yo)
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 ($USD482.77K) is below average for companies of similar size in the Swedish market ($USD932.92K).
Compensation vs Earnings: Torbjörn's compensation has been consistent with company performance over the past year.
|no data||no data||3.58% |
|no data||no data||3.4% |
|no data||no data||0.71% |
|Chief Financial Officer||4.67yrs||no data||0.032% |
|Chief Technology Officer||no data||no data||no data|
|Chief Information Officer||no data||no data||0.0012% |
|Chief Investor Relations Officer||no data||no data||no data|
|Chief People & Brand Officer||no data||no data||0.0069% |
|President of Secure Communications Operating Area & Executive VP||7.75yrs||no data||0.087% |
|President of Imaging IT Solutions Business Area||7.75yrs||no data||0.13% |
|Head of Medical Information Technology Operations - Scandinavia||no data||no data||no data|
Experienced Management: SECT B's management team is seasoned and experienced (7.8 years average tenure).
|Chairman of the Board||2yrs||kr450.00k||7.99% |
|Independent Director||12.67yrs||kr325.00k||0.019% |
|Independent Director||16.67yrs||kr275.00k||0.11% |
|Independent Director||3.67yrs||kr225.00k||no data|
|Independent Director||2yrs||kr275.00k||0.0052% |
|Deputy Employee Representative Board Member||1.67yrs||no data||0.0032% |
|Deputy Employee Representative Board Member||2.67yrs||no data||no data|
|Independent Director||1yr||kr150.00k||0.053% |
|Director||no data||no data||no data|
Experienced Board: SECT B's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sectra AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Sectra AB (publ)
- Ticker: SECT B
- Exchange: OM
- Founded: 1978
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: kr21.910b
- Shares outstanding: 38.51m
- Website: https://www.sectra.com
Number of Employees
- Sectra AB (publ)
- Teknikringen 20
- Östergötland County
- 583 30
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SECT B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Mar 1999|
|0A0L||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Mar 1999|
|SECTBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Mar 1999|
Sectra AB (publ) provides IT systems for managing medical images and patient information related to diagnostic imaging. The company’s Imaging IT Solutions segment develops and sells medical IT systems and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 04:06|
|End of Day Share Price||2020/09/25 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.