OM:WALL B

Stock Analysis Report

Executive Summary

Wallenstam AB (publ) develops, builds, buys, sells, and manages residential and commercial properties for people and businesses in Gothenburg, Stockholm, and Helsingborg, Sweden.

Snowflake

Fundamentals

Average dividend payer with imperfect balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

WALL B

3.2%

SE Real Estate

0.1%

SE Market


1 Year Return

20.3%

WALL B

30.4%

SE Real Estate

1.7%

SE Market

WALL B underperformed the Real Estate industry which returned 30.4% over the past year.

WALL B outperformed the Market in Sweden which returned 1.7% over the past year.


Share holder returns

WALL BIndustryMarket
7 Day0.4%3.2%0.1%
30 Day-3.4%-0.6%5.2%
90 Day1.8%8.9%1.8%
1 Year22.9%20.3%36.2%30.4%6.0%1.7%
3 Year48.6%40.5%53.2%39.3%30.4%11.0%
5 Year109.8%91.1%187.3%144.9%56.6%23.4%

Price Volatility Vs. Market

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


Simply Wall St News

1 month ago | Simply Wall St

If You Had Bought Wallenstam (STO:WALL B) Stock Five Years Ago, You Could Pocket A 89% Gain Today

Valuation

Is Wallenstam undervalued based on future cash flows and its price relative to the stock market?

14.78x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Wallenstam's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Wallenstam's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Wallenstam is overvalued based on earnings compared to the SE Real Estate industry average.

Wallenstam is good value based on earnings compared to the Sweden market.


Price Based on Expected Growth

Wallenstam earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Wallenstam is overvalued based on assets compared to the SE Real Estate industry average.


Next Steps

Future Growth

How is Wallenstam expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

-17.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Wallenstam's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).

Wallenstam's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Wallenstam's revenue growth is positive but not above the Sweden market average.

Wallenstam's earnings are expected to decrease over the next 1-3 years, this is below the Sweden market average.

Wallenstam's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Wallenstam is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Wallenstam performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Wallenstam's year on year earnings growth rate has been positive over the past 5 years.

Wallenstam's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Wallenstam's 1-year earnings growth is negative, it can't be compared to the SE Real Estate industry average.


Return on Equity

Wallenstam has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Wallenstam used its assets less efficiently than the SE Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Wallenstam's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Wallenstam's financial position?


Financial Position Analysis

Wallenstam's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Wallenstam's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Wallenstam's level of debt (106.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (130.9% vs 106.6% today).

Debt is not well covered by operating cash flow (5.6%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0x debt.


Next Steps

Dividend

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

2.11%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Wallenstam before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Wallenstam's pays a lower dividend yield than the bottom 25% of dividend payers in Sweden (1.86%).

Wallenstam's dividend is below the markets top 25% of dividend payers in Sweden (4.8%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

What is the CEO of Wallenstam's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average management tenure


CEO

Hans Wallenstam (58yo)

0yrs

Tenure

0

Hans Wallenstam serves as Chief Executive Officer of Wallenstam AB. Education: Bachelor of Science (Economics). Previous executive positions: - Finance Director, CEO Wallenstam i Göteborg AB. Ext ...


Management Age and Tenure

1.0yrs

Average Tenure

48yo

Average Age

The average tenure for the Wallenstam management team is less than 2 years, this suggests a new team.


Board Age and Tenure

9.7yrs

Average Tenure

65yo

Average Age

The tenure for the Wallenstam board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buykr2,581,25016 Aug 19
Revialma Fyra Ab
EntityCompany
Shares25,000
Max Pricekr103.25
Buykr2,581,25016 Aug 19
Revialma Tre Ab
EntityCompany
Shares25,000
Max Pricekr103.25
Buykr2,581,25016 Aug 19
Revialma Två Ab
EntityCompany
Shares25,000
Max Pricekr103.25
Sellkr78,903,34911 Jun 19
Anders Berntsson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares800,000
Max Pricekr100.00
Buykr2,324,50008 May 19
Revialma Fyra Ab
EntityCompany
Shares25,000
Max Pricekr92.98
Buykr2,324,50008 May 19
Revialma Tre Ab
EntityCompany
Shares25,000
Max Pricekr92.98
Buykr2,324,50008 May 19
Revialma Två Ab
EntityCompany
Shares25,000
Max Pricekr92.98
Buykr87,95028 Feb 19
Marina Fritsche
EntityIndividual
Shares1,000
Max Pricekr87.95
Buykr1,965,60026 Oct 18
Marina Fritsche
EntityIndividual
Shares24,000
Max Pricekr81.90

Ownership Breakdown


Management Team

  • Hans Wallenstam (58yo)

    Chief Executive Officer

    • Tenure: 0yrs
  • Ulf Ek (70yo)

    Senior Advisor

    • Tenure: 1yrs
  • Mathias Aronsson (47yo)

    Vice Chief Executive Officer

    • Tenure: 0yrs
  • Elisabeth Vansvik (49yo)

    Director of Communication

    • Tenure: 2.4yrs
  • Susann Linde (40yo)

    CFO, Head of Investor Relations & Finance Director

    • Tenure: 0yrs
  • Patrik Persson (45yo)

    Technical Director

    • Tenure: 1yrs

Board Members

  • Christer Villard (70yo)

    Chairman of the Board

    • Tenure: 15.7yrs
    • Compensation: kr720.00k
  • Karin Weijber (47yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: kr155.00k
  • Anders Berntsson (65yo)

    Director

    • Tenure: 22.7yrs
    • Compensation: kr155.00k
  • Ulrica Messing (51yo)

    Vice Chairman of the Board

    • Tenure: 9.7yrs
    • Compensation: kr255.00k
  • Agneta Wallenstam (67yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: kr155.00k

Company Information

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


Key Information

  • Name: Wallenstam AB (publ)
  • Ticker: WALL B
  • Exchange: OM
  • Founded: 1944
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: kr33.431b
  • Shares outstanding: 323.00m
  • Website: https://www.wallenstam.se

Number of Employees


Location

  • Wallenstam AB (publ)
  • Kungsportsavenyen 2
  • Gothenburg
  • Västra Götaland County
  • 401 84
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WALL BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKMar 1993
WAECBST (Boerse-Stuttgart)YesClass B SharesDEEURMar 1993
0R7YLSE (London Stock Exchange)YesClass B SharesGBSEKMar 1993
WALLBSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKMar 1993
WAECDB (Deutsche Boerse AG)YesClass B SharesDEEURMar 1993

Biography

Wallenstam AB (publ) develops, builds, buys, sells, and manages residential and commercial properties for people and businesses in Gothenburg, Stockholm, and Helsingborg, Sweden. Its property portfolio com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 20:34
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.