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ATRL

Atrium Ljungberg OM:ATRLJ B Stock Report

Last Price

kr160.30

Market Cap

kr20.9b

7D

3.4%

1Y

-15.6%

Updated

18 May, 2022

Data

Company Financials +
ATRLJ B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends5/6

ATRLJ B Stock Overview

Atrium Ljungberg AB (publ) engages in the ownership, development, and management real estate properties in Sweden.

Atrium Ljungberg Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Atrium Ljungberg
Historical stock prices
Current Share Pricekr160.30
52 Week Highkr223.20
52 Week Lowkr143.60
Beta0.76
1 Month Change-10.85%
3 Month Change-24.24%
1 Year Change-15.63%
3 Year Change-2.02%
5 Year Change10.78%
Change since IPO2,814.55%

Recent News & Updates

Shareholder Returns

ATRLJ BSE Real EstateSE Market
7D3.4%3.7%2.2%
1Y-15.6%-6.2%-10.9%

Return vs Industry: ATRLJ B underperformed the Swedish Real Estate industry which returned -8.4% over the past year.

Return vs Market: ATRLJ B underperformed the Swedish Market which returned -11.6% over the past year.

Price Volatility

Is ATRLJ B's price volatile compared to industry and market?
ATRLJ B volatility
ATRLJ B Average Weekly Movement5.1%
Real Estate Industry Average Movement5.7%
Market Average Movement7.9%
10% most volatile stocks in SE Market13.1%
10% least volatile stocks in SE Market5.1%

Stable Share Price: ATRLJ B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ATRLJ B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1946320Annie Anashttps://www.al.se

Atrium Ljungberg AB (publ) engages in the ownership, development, and management real estate properties in Sweden. The company operates through two segments, Properties, and Project and Construction Activities. Its property portfolio comprises offices and commercial premises; restaurants; residential units; and cultural, service, healthcare, retail, and educational facilities.

Atrium Ljungberg Fundamentals Summary

How do Atrium Ljungberg's earnings and revenue compare to its market cap?
ATRLJ B fundamental statistics
Market Capkr20.89b
Earnings (TTM)kr5.08b
Revenue (TTM)kr3.04b

4.1x

P/E Ratio

6.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATRLJ B income statement (TTM)
Revenuekr3.04b
Cost of Revenuekr1.41b
Gross Profitkr1.63b
Other Expenses-kr3.45b
Earningskr5.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 08, 2022

Earnings per share (EPS)38.95
Gross Margin53.49%
Net Profit Margin166.94%
Debt/Equity Ratio80.7%

How did ATRLJ B perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

13%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


4.12x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ATRLJ B (SEK160.3) is trading above our estimate of fair value (SEK93.97)

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


Price To Earnings Ratio

PE vs Industry: ATRLJ B is good value based on its PE Ratio (4.1x) compared to the Swedish Real Estate industry average (5.7x).

PE vs Market: ATRLJ B is good value based on its PE Ratio (4.1x) compared to the Swedish market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: ATRLJ B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ATRLJ B is good value based on its PB Ratio (0.8x) compared to the SE Real Estate industry average (1x).


Future Growth

How is Atrium Ljungberg forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-38.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATRLJ B's earnings are forecast to decline over the next 3 years (-38.4% per year).

Earnings vs Market: ATRLJ B's earnings are forecast to decline over the next 3 years (-38.4% per year).

High Growth Earnings: ATRLJ B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ATRLJ B's revenue (6.1% per year) is forecast to grow faster than the Swedish market (5.7% per year).

High Growth Revenue: ATRLJ B's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATRLJ B's Return on Equity is forecast to be low in 3 years time (5%).


Past Performance

How has Atrium Ljungberg performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ATRLJ B has a large one-off gain of SEK4.2B impacting its March 31 2022 financial results.

Growing Profit Margin: ATRLJ B's current net profit margins are higher than last year (91%).


Past Earnings Growth Analysis

Earnings Trend: ATRLJ B's earnings have declined by 1.5% per year over the past 5 years.

Accelerating Growth: ATRLJ B's earnings growth over the past year (98.8%) exceeds its 5-year average (-1.5% per year).

Earnings vs Industry: ATRLJ B earnings growth over the past year (98.8%) underperformed the Real Estate industry 105.6%.


Return on Equity

High ROE: ATRLJ B's Return on Equity (19%) is considered low.


Financial Health

How is Atrium Ljungberg's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ATRLJ B's short term assets (SEK2.5B) exceed its short term liabilities (SEK944.0M).

Long Term Liabilities: ATRLJ B's short term assets (SEK2.5B) do not cover its long term liabilities (SEK29.1B).


Debt to Equity History and Analysis

Debt Level: ATRLJ B's net debt to equity ratio (78.3%) is considered high.

Reducing Debt: ATRLJ B's debt to equity ratio has reduced from 105.7% to 80.7% over the past 5 years.

Debt Coverage: ATRLJ B's debt is not well covered by operating cash flow (5.3%).

Interest Coverage: ATRLJ B earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Atrium Ljungberg current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.24%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ATRLJ B's dividend (3.24%) is higher than the bottom 25% of dividend payers in the Swedish market (1.4%).

High Dividend: ATRLJ B's dividend (3.24%) is low compared to the top 25% of dividend payers in the Swedish market (4.75%).


Stability and Growth of Payments

Stable Dividend: ATRLJ B's dividends per share have been stable in the past 10 years.

Growing Dividend: ATRLJ B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13%), ATRLJ B's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (60.8%), ATRLJ B's dividend payments are covered by cash flows.


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Annie Anas (50 yo)

6.58yrs

Tenure

kr9,001,000

Compensation

Ms. Annica Anas, also known as Annie, has been Chief Executive Officer of Atrium Ljungberg AB (publ.) since February 19, 2016 and served as its Acting Chief Financial Officer from August 26, 2021 until Nov...


CEO Compensation Analysis

Compensation vs Market: Annie's total compensation ($USD899.53K) is about average for companies of similar size in the Swedish market ($USD812.00K).

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


Leadership Team

Experienced Management: ATRLJ B's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: ATRLJ B's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ATRLJ B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.


Top Shareholders

Company Information

Atrium Ljungberg AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Atrium Ljungberg AB (publ)
  • Ticker: ATRLJ B
  • Exchange: OM
  • Founded: 1946
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Implied Market Cap: kr20.887b
  • Shares outstanding: 130.30m
  • Website: https://www.al.se

Number of Employees


Location

  • Atrium Ljungberg AB (publ)
  • Smedjegatan 2C
  • Nacka
  • Stockholm County
  • 131 04
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.