OM:DURC B

Stock Analysis Report

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Executive Summary

Duroc AB (publ), through its subsidiaries, engages in the fiber, industrial trade, and other businesses in Sweden, Europe, and the United States.


Snowflake Analysis

Solid track record with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DURC B has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

DURC B

4.1%

SE Chemicals

1.8%

SE Market


1 Year Return

-11.6%

DURC B

-2.4%

SE Chemicals

19.7%

SE Market

Return vs Industry: DURC B underperformed the Swedish Chemicals industry which returned -2.4% over the past year.

Return vs Market: DURC B underperformed the Swedish Market which returned 19.7% over the past year.


Shareholder returns

DURC BIndustryMarket
7 Day0%4.1%1.8%
30 Day4.0%-8.7%2.2%
90 Day20.9%5.0%23.1%
1 Year-11.6%-11.6%-2.3%-2.4%21.5%19.7%
3 Year-11.6%-11.6%-14.2%-18.7%33.4%19.4%
5 Yearn/a-32.4%-22.0%53.5%23.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DURC B (SEK26) is trading above our estimate of fair value (SEK13.96)

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


Price To Earnings Ratio

PE vs Industry: DURC B is good value based on its PE Ratio (6.4x) compared to the XE Chemicals industry average (20.1x).

PE vs Market: DURC B is good value based on its PE Ratio (6.4x) compared to the Swedish market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DURC B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DURC B is good value based on its PB Ratio (1x) compared to the SE Chemicals industry average (5.5x).


Next Steps

Future Growth

How is Duroc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Materials 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 Duroc 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 Duroc performed over the past 5 years?

28.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DURC B has high quality earnings.

Growing Profit Margin: DURC B's current net profit margins (4.7%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: DURC B's earnings have grown significantly by 28.4% per year over the past 5 years.

Accelerating Growth: DURC B's earnings growth over the past year (66.9%) exceeds its 5-year average (28.4% per year).

Earnings vs Industry: DURC B earnings growth over the past year (66.9%) exceeded the Chemicals industry -7.3%.


Return on Equity

High ROE: DURC B's Return on Equity (15%) is considered low.


Next Steps

Financial Health

How is Duroc's financial position?


Financial Position Analysis

Short Term Liabilities: DURC B's short term assets (SEK1.5B) exceed its short term liabilities (SEK667.0M).

Long Term Liabilities: DURC B's short term assets (SEK1.5B) exceed its long term liabilities (SEK700.4M).


Debt to Equity History and Analysis

Debt Level: DURC B's debt to equity ratio (53%) is considered high.

Reducing Debt: DURC B's debt to equity ratio has increased from 30.1% to 53% over the past 5 years.

Debt Coverage: DURC B's debt is well covered by operating cash flow (39.2%).

Interest Coverage: DURC B's interest payments on its debt are well covered by EBIT (15.2x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DURC 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?

3.6yrs

Average board tenure


CEO

John Häger (56 yo)

4.25yrs

Tenure

kr2,668,000

Compensation

Mr. John Häger has been Chief Executive Officer at Duroc AB (publ) since May 2016.


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD306.67K) is above average for companies of similar size in the Swedish market ($USD232.94K).

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


Board Members

NamePositionTenureCompensationOwnership
Peter Jan Patrick Gyllenhammar
Chairman of the Board3.33yrskr200.00kno data
Ola Hugoson
Independent Director3.58yrskr100.00kno data
Carl Östring
Independent Director7.58yrskr100.00kno data
Carina Heilborn
Director4.58yrskr100.00kno data
Johan Öberg
Independent Director3.58yrskr100.00kno data

3.6yrs

Average Tenure

50yo

Average Age

Experienced Board: DURC B's board of directors are considered experienced (3.6 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

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


Key Information

  • Name: Duroc AB (publ)
  • Ticker: DURC B
  • Exchange: OM
  • Founded: 1987
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: kr1.014b
  • Shares outstanding: 39.00m
  • Website: https://www.duroc.com

Location

  • Duroc AB (publ)
  • Svärdvägen 5
  • Box 612
  • Danderyd
  • Stockholm County
  • 182 33
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DRCDB (Deutsche Boerse AG)Class B Shares DEEURNo data
DURC BOM (OMX Nordic Exchange Stockholm)Class B Shares SESEKNo data
DURC BOM (OMX Nordic Exchange Stockholm)YesClass B Ordinary SharesSESEKApr 2017
DRCDB (Deutsche Boerse AG)YesClass B Ordinary SharesDEEURApr 2017

Biography

Duroc AB (publ), through its subsidiaries, engages in the fiber, industrial trade, and other businesses in Sweden, Europe, and the United States. The company manufactures polypropylene-based fibers and yar ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/15 05:13
End of Day Share Price2020/08/14 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


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.