Stock Analysis Report

Header cover image

Executive Summary

Clemondo Group AB (publ) develops, manufactures, and sells a range of cleaning products in Sweden. More Details

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




SE Household Products


SE Market

1 Year Return




SE Household Products


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

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 Year252.5%252.5%4.6%2.1%34.1%30.9%
3 Year149.3%102.2%2.7%-4.4%54.6%35.6%
5 Year65.6%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


Is Clemondo Group 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: 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?


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

Past Performance

How has Clemondo Group performed over the past 5 years?


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


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


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


Average management tenure


Jesper Svensson



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

Jesper Svensson
Chief Executive Officer2.17yrsno datano data
Jesper Friis-Jespersen
Chief Financial Officer1.92yrsno datano data
Mathias Andersson
Chief Operating Officer0.83yrno datano data
Eva Ärlebo
Head of Sales & Marketing4.83yrsno datano data


Average Tenure

Experienced Management: CLEM's management team is considered experienced (2 years average tenure).

Board Members

Cecilia Lager
Independent Director5.17yrskr164.00kno data
Michael Engström
Independent Chairman of the Board2.17yrskr808.38kno data
Camilla Dahlin
Independent Director3.17yrskr96.00kno data
Jonas Schoultze
Employee Representative Dependent Director4.17yrsno datano data
Lisa Hugoh
Employee Representative Director1.17yrsno datano data


Average Tenure

Experienced Board: CLEM's board of directors are considered experienced (3.2 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.

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:

Number of Employees


  • Clemondo Group AB (publ)
  • Makadamgatan 16
  • Box 13073
  • Helsingborg
  • Skåne County
  • 250 13
  • Sweden


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLEMOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKDec 2013


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 20:23
End of Day Share Price2021/03/05 00:00
Annual Earnings2020/12/31

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.