Executive Summary
Clemondo Group AB (publ) develops, manufactures, and sells a range of cleaning products in Sweden. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Share Price & News
How has Clemondo Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLEM is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CLEM's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-3.4%
CLEM
4.6%
SE Household Products
1.1%
SE Market
1 Year Return
252.5%
CLEM
2.1%
SE Household Products
30.9%
SE Market
Return vs Industry: CLEM exceeded the Swedish Household Products industry which returned -0.3% over the past year.
Return vs Market: CLEM exceeded the Swedish Market which returned 28.3% over the past year.
Shareholder returns
| CLEM | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | 4.6% | 1.1% |
| 30 Day | -0.7% | -0.6% | 0.9% |
| 90 Day | -4.1% | -2.2% | 8.8% |
| 1 Year | 252.5%252.5% | 4.6%2.1% | 34.1%30.9% |
| 3 Year | 149.3%102.2% | 2.7%-4.4% | 54.6%35.6% |
| 5 Year | 65.6%30.6% | 4.3%-6.5% | 84.9%45.3% |
Long-Term Price Volatility Vs. Market
How volatile is Clemondo Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Declining Stock and Solid Fundamentals: Is The Market Wrong About Clemondo Group AB (publ) (STO:CLEM)?2 months ago | Simply Wall St
Does Clemondo Group's (STO:CLEM) Statutory Profit Adequately Reflect Its Underlying Profit?4 months ago | Simply Wall St
Did The Underlying Business Drive Clemondo Group's (STO:CLEM) Lovely 544% Share Price Gain?Valuation
Is Clemondo Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLEM (SEK2.82) is trading below our estimate of fair value (SEK130.34)
Significantly Below Fair Value: CLEM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLEM is good value based on its PE Ratio (9.7x) compared to the XE Household Products industry average (18.1x).
PE vs Market: CLEM is good value based on its PE Ratio (9.7x) compared to the Swedish market (23.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CLEM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLEM is overvalued based on its PB Ratio (5.2x) compared to the XE Household Products industry average (2.2x).
Next Steps
Future Growth
How is Clemondo Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.2%
Forecasted Household industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Clemondo Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Clemondo Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Clemondo Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Household industry.
Past Performance
How has Clemondo Group performed over the past 5 years?
37.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLEM has high quality earnings.
Growing Profit Margin: CLEM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CLEM has become profitable over the past 5 years, growing earnings by 37.8% per year.
Accelerating Growth: CLEM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CLEM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Household Products industry (10.8%).
Return on Equity
High ROE: CLEM's Return on Equity (50.1%) is considered outstanding.
Next Steps
Financial Health
How is Clemondo Group's financial position?
Financial Position Analysis
Short Term Liabilities: CLEM's short term assets (SEK84.4M) do not cover its short term liabilities (SEK87.1M).
Long Term Liabilities: CLEM's short term assets (SEK84.4M) exceed its long term liabilities (SEK65.1M).
Debt to Equity History and Analysis
Debt Level: CLEM's debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: CLEM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CLEM's debt is well covered by operating cash flow (317.5%).
Interest Coverage: CLEM's interest payments on its debt are well covered by EBIT (12.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Clemondo Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLEM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLEM'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 CLEM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLEM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CLEM is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLEM'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?
2.0yrs
Average management tenure
CEO
Jesper Svensson
2.17yrs
Tenure
Mr. Jesper Svensson has been Chief Executive Officer of Clemondo Group AB (publ) since 2019. Mr. Jesper Svensson has previously worked as CEO of one of the Cavotec Group's subsidiaries in the Middle East w...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.17yrs | no data | no data | |
| Chief Financial Officer | 1.92yrs | no data | no data | |
| Chief Operating Officer | 0.83yr | no data | no data | |
| Head of Sales & Marketing | 4.83yrs | no data | no data |
2.0yrs
Average Tenure
Experienced Management: CLEM's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.17yrs | kr164.00k | no data | |
| Independent Chairman of the Board | 2.17yrs | kr808.38k | no data | |
| Independent Director | 3.17yrs | kr96.00k | no data | |
| Employee Representative Dependent Director | 4.17yrs | no data | no data | |
| Employee Representative Director | 1.17yrs | no data | no data |
3.2yrs
Average Tenure
Experienced Board: CLEM's board of directors are considered experienced (3.2 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Clemondo Group AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Clemondo Group AB (publ)
- Ticker: CLEM
- Exchange: OM
- Founded: 1952
- Industry: Household Products
- Sector: Household
- Market Cap: kr374.101m
- Shares outstanding: 132.66m
- Website: https://clemondo.se
Number of Employees
Location
- Clemondo Group AB (publ)
- Makadamgatan 16
- Box 13073
- Helsingborg
- Skåne County
- 250 13
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLEM | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Dec 2013 |
Biography
Clemondo Group AB (publ) develops, manufactures, and sells a range of cleaning products in Sweden. The company provides cleaning solutions for vehicle; cutting fluids and lubricants, aerosols, food, anvil,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 20:23 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.