OM:BRG B

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Executive Summary

Bergs Timber AB (publ) produces, distributes, and sells sawn and processed timber products in Sweden, the United Kingdom, and internationally.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Bergs Timber's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRG B's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.2%

BRG B

2.5%

SE Forestry

3.9%

SE Market


1 Year Return

-20.9%

BRG B

16.8%

SE Forestry

11.2%

SE Market

Return vs Industry: BRG B underperformed the Swedish Forestry industry which returned 14.4% over the past year.

Return vs Market: BRG B underperformed the Swedish Market which returned 10.9% over the past year.


Shareholder returns

BRG BIndustryMarket
7 Day5.2%2.5%3.9%
30 Day6.1%9.6%13.1%
90 Day10.0%4.8%4.0%
1 Year-20.9%-20.9%20.0%16.8%12.8%11.2%
3 Year-0.6%-5.5%14.2%-22.1%17.5%1.6%
5 Year0.6%-4.3%73.8%9.6%36.5%9.7%

Price Volatility Vs. Market

How volatile is Bergs Timber's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bergs Timber undervalued compared to its fair value and its price relative to the market?

39.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRG B (SEK2.42) is trading below our estimate of fair value (SEK4.02)

Significantly Below Fair Value: BRG B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BRG B is unprofitable, so we can't compare its PE Ratio to the Forestry industry average.

PE vs Market: BRG B 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 BRG B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BRG B is good value based on its PB Ratio (0.7x) compared to the XE Forestry industry average (1.1x).


Next Steps

Future Growth

How is Bergs Timber forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

80.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRG B is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: BRG B is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BRG B's is expected to become profitable in the next 3 years.

Revenue vs Market: BRG B's revenue (0.3% per year) is forecast to grow slower than the Swedish market (5.9% per year).

High Growth Revenue: BRG B's revenue (0.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BRG B's Return on Equity is forecast to be low in 3 years time (8.5%).


Next Steps

Past Performance

How has Bergs Timber performed over the past 5 years?

57.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRG B is currently unprofitable.

Growing Profit Margin: BRG B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BRG B is unprofitable, but has reduced losses over the past 5 years at a rate of 57.4% per year.

Accelerating Growth: Unable to compare BRG B's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRG B is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-5.3%).


Return on Equity

High ROE: BRG B has a negative Return on Equity (-0.088%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bergs Timber's financial position?


Financial Position Analysis

Short Term Liabilities: BRG B's short term assets (SEK1.2B) exceed its short term liabilities (SEK586.0M).

Long Term Liabilities: BRG B's short term assets (SEK1.2B) exceed its long term liabilities (SEK663.0M).


Debt to Equity History and Analysis

Debt Level: BRG B's debt to equity ratio (68.6%) is considered high.

Reducing Debt: BRG B's debt to equity ratio has reduced from 78.5% to 68.6% over the past 5 years.

Debt Coverage: BRG B's debt is well covered by operating cash flow (22.7%).

Interest Coverage: BRG B is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Bergs Timber's current dividend yield, its reliability and sustainability?

5.51%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BRG 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 BRG 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 BRG B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRG B's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BRG 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 BRG B'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?

0.6yrs

Average management tenure


CEO

Peter Nilsson (56yo)

7.42yrs

Tenure

kr5,134,000

Compensation

Mr. Peter Nilsson has been the Chief Executive Officer at Bergs Timber AB (publ) since 2013 and serves as its President. Mr. Nilsson served as Managing Director of Bergs Timber AB (publ) since 2013. He ser ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD554.03K) is above average for companies of similar size in the Swedish market ($USD222.28K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Nilsson
President7.42yrskr5.13m0.25% SEK2.1m
Anders Marklund
Chief Financial Officerno datano data0.0072% SEK61.0k
Roger Eckerstig
Technical Managerno datano datano data
Per-Åke Bergh
Sales Managerno datakr17.00kno data
Maria Berggren
Head of Personnelno datano datano data
Niklas Sjöfors
Head of Raw Materialno datano data2.44% SEK20.6m
Jörgen Karlsson
Group Controller0.25yrno datano data
Jan Liljegren
Chief Executive Officer of Bergs Timber Production AB0.42yrno data0.0035% SEK29.3k
Nigel McKillop
Chief Executive Officer of Continental Wood Ltd.0.83yrno datano data
Henrik Egnell
Plant Manager of Bitusno datakr515.00kno data

0.6yrs

Average Tenure

51yo

Average Age

Experienced Management: BRG B's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Bertorp
Chairman of the Board2.08yrskr511.00k0.014% SEK122.0k
Reino Thapper
Employee Representative Director31.42yrsno datano data
Åke Bergh
Director45.42yrskr181.00k3.42% SEK28.9m
Jon Gudmundsson
Director4yrskr168.00kno data
Lars Pettersson
Employee Representative Director9.42yrsno datano data
Patrik Ivarsson
Deputy Director10.42yrsno data0.012% SEK102.5k
Lars Gustafsson
Director5.42yrskr181.00k0.35% SEK3.0m
Gudmundur Jónsson
Director2.08yrskr168.00kno data
Ingrida Bluma
Director2.08yrskr168.00kno data

5.4yrs

Average Tenure

63yo

Average Age

Experienced Board: BRG B's board of directors are considered experienced (5.4 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

Bergs Timber AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bergs Timber AB (publ)
  • Ticker: BRG B
  • Exchange: OM
  • Founded: 1919
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: kr846.017m
  • Shares outstanding: 346.73m
  • Website: https://www.bergstimber.se

Number of Employees


Location

  • Bergs Timber AB (publ)
  • Stora Torget 3
  • Vimmerby
  • Kalmar County
  • 598 37
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRG BOM (OMX Nordic Exchange Stockholm)YesSeries B SharesSESEKAug 1992
0H2WLSE (London Stock Exchange)YesSeries B SharesGBSEKAug 1992
BRGBSBATS-CHIXE (BATS 'Chi-X Europe')YesSeries B SharesGBSEKAug 1992
2HWDB (Deutsche Boerse AG)YesSeries B SharesDEEURAug 1992

Biography

Bergs Timber AB (publ) produces, distributes, and sells sawn and processed timber products in Sweden, the United Kingdom, and internationally. It offers structural timber in spruce and pine forms; treated timber products; and gardening products, windows, doors, and prefabricated houses. The company also provides cellulose chips and sawdust for the production of paper pulp, heat, and energy; and forestry services. In addition, it operates sawmills; and sells by-products from manufacture to the pulp and particle board industries. The company was formerly known as CF Berg & Co. Bergs Timber AB (publ) was founded in 1919 and is headquartered in Vimmerby, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 21:00
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.