OM:BILI A

Stock Analysis Report

Executive Summary

Bilia AB (publ) engages in the sale and service of cars and transport vehicles.

Snowflake

Fundamentals

Outstanding track record established dividend payer.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

BILI A

-3.9%

SE Specialty Retail

-1.2%

SE Market


1 Year Return

13.3%

BILI A

8.1%

SE Specialty Retail

19.2%

SE Market

Return vs Industry: BILI A exceeded the Swedish Specialty Retail industry which returned 8.1% over the past year.

Return vs Market: BILI A underperformed the Swedish Market which returned 19.2% over the past year.


Shareholder returns

BILI AIndustryMarket
7 Day0%-3.9%-1.2%
30 Day19.5%-9.9%1.3%
90 Day17.5%1.7%10.1%
1 Year20.0%13.3%13.9%8.1%24.3%19.2%
3 Year14.9%-2.7%-19.1%-31.5%35.6%14.9%
5 Year116.2%68.8%-23.4%-39.4%56.8%23.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

30.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BILI A (SEK95.35) is trading below our estimate of fair value (SEK137.28)

Significantly Below Fair Value: BILI A is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BILI A is good value based on its PE Ratio (12.7x) compared to the Specialty Retail industry average (14.1x).

PE vs Market: BILI A is good value based on its PE Ratio (12.7x) compared to the Swedish market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BILI A is overvalued based on its PB Ratio (3.2x) compared to the SE Specialty Retail industry average (2.8x).


Next Steps

Future Growth

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

-0.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BILI A's earnings are forecast to decline over the next 3 years (-0.6% per year).

Earnings vs Market: BILI A's earnings are forecast to decline over the next 3 years (-0.6% per year).

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

Revenue vs Market: BILI A's revenue (1.1% per year) is forecast to grow slower than the Swedish market (4.5% per year).

High Growth Revenue: BILI A's revenue (1.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BILI A's Return on Equity is forecast to be high in 3 years time (21.7%)


Next Steps

Past Performance

How has Bilia performed over the past 5 years?

6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BILI A has high quality earnings.

Growing Profit Margin: BILI A's current net profit margins (2.7%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: BILI A's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: BILI A's earnings growth over the past year (7.8%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: BILI A earnings growth over the past year (7.8%) exceeded the Specialty Retail industry -1.6%.


Return on Equity

High ROE: BILI A's Return on Equity (25%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bilia's financial position?


Financial Position Analysis

Short Term Liabilities: BILI A's short term assets (SEK5.6B) do not cover its short term liabilities (SEK5.9B)

Long Term Liabilities: BILI A's short term assets (SEK5.6B) do not cover its long term liabilities (5.8B)


Debt to Equity History and Analysis

Debt Level: BILI A's debt to equity ratio (84.9%) is considered high.

Reducing Debt: BILI A had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: BILI A's debt is well covered by operating cash flow (72.1%).

Interest Coverage: BILI A's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet

Inventory Level: BILI A has a high level of physical assets or inventory.

Debt Coverage by Assets: BILI A's debt is covered by short term assets (assets are 2.2x debt).


Next Steps

Dividend

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

4.98%

Current Dividend Yield


Dividend Yield vs Market

company5.0%marketbottom25%1.7%markettop25%4.9%industryaverage5.3%forecastin3Years5.1%

Current dividend yield vs market & industry

Notable Dividend: BILI A's dividend (4.98%) is higher than the bottom 25% of dividend payers in the Swedish market (1.73%).

High Dividend: BILI A's dividend (4.98%) is in the top 25% of dividend payers in the Swedish market (4.87%)


Stability and Growth of Payments

Stable Dividend: BILI A's dividend payments have been volatile in the past 10 years.

Growing Dividend: BILI A's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63.2%), BILI A's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BILI A's dividends in 3 years are forecast to be covered by earnings (59.9% payout ratio).


Next Steps

Management

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

14.3yrs

Average board tenure


CEO

Per Avander (58yo)

0yrs

Tenure

kr10,059,000

Compensation

Mr. Per Avander serves as Chief Executive Officer and Managing Director at Bilia AB. Mr. Avander served as Managing Director of Bilia Personbilar AB Sweeden at Bilia AB since September 2008. Mr. Avander ha ...


CEO Compensation Analysis

Compensation vs Market: Per's total compensation ($USD1.04M) is above average for companies of similar size in the Swedish market ($USD599.26K).

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


Board Age and Tenure

14.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: BILI A's board of directors are seasoned and experienced ( 14.3 years average tenure).


Insider Trading

Insider Buying: BILI A insiders have bought and sold the same number of shares in the past 3 months.


Recent Insider Transactions

Sellkr480,50004 Nov 19
Gunnar Blomkvist
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max Pricekr96.10
Buykr425,00028 Oct 19
Jack Forsgren
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max Pricekr85.00
Buykr7,915,40029 Apr 19
Mats Qviberg
EntityIndividual
Role
Chairman of the Board
Chairman
Shares100,000
Max Pricekr79.15
Buykr4,014,32529 Apr 19
Jan Pettersson
EntityIndividual
Role
Vice Chairman
Deputy Chairman
Shares50,000
Max Pricekr80.29
Buykr4,017,21029 Apr 19
Anna Engebretsen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares50,000
Max Pricekr80.34
Buykr8,202,43025 Mar 19
Investment AB Öresund (publ)
EntityCompany
Shares100,000
Max Pricekr82.02
Buykr8,262,06021 Mar 19
Investment AB Öresund (publ)
EntityCompany
Shares100,000
Max Pricekr82.62
Buykr16,590,04408 Mar 19
Investment AB Öresund (publ)
EntityCompany
Shares200,000
Max Pricekr83.38
Sellkr769,02220 Feb 19
Gunnar Blomkvist
EntityIndividual
Role
Member of the Board of Directors
Director
Shares9,000
Max Pricekr85.52
Buykr1,207,40012 Feb 19
Anna Engebretsen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares15,000
Max Pricekr80.49
Buykr5,764,31311 Feb 19
Anna Engebretsen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares75,000
Max Pricekr76.86
Buykr12,309,16011 Feb 19
Investment AB Öresund (publ)
EntityCompany
Shares155,913
Max Pricekr78.95

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Frode Hebnes (47yo)

    Managing Director of Billa Personbil AS - Norway

    • Tenure: 10.9yrs
  • Per Avander (58yo)

    CEO & MD

    • Tenure: 0yrs
    • Compensation: kr10.06m
  • Anders Rydheimer

    Director of Marketing

    • Tenure: 0yrs
  • Stefan Nordström (53yo)

    Deputy Managing Director

    • Tenure: 0yrs
  • Kristina Franzén (53yo)

    Chief Financial Officer

    • Tenure: 2.3yrs

Board Members

  • Jon Risfelt (58yo)

    Independent Director

    • Tenure: 16.8yrs
    • Compensation: kr120.00k
  • Mats Qviberg (66yo)

    Chairman

    • Tenure: 16.3yrs
    • Compensation: kr346.00k
  • Jack Forsgren (74yo)

    Independent Director

    • Tenure: 16.8yrs
    • Compensation: kr25.00k
  • Gunnar Blomkvist (64yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: kr65.00k
  • Jan Pettersson (70yo)

    Deputy Chairman

    • Tenure: 2.6yrs
    • Compensation: kr619.00k
  • Mats Holgerson (66yo)

    Independent Director

    • Tenure: 13.8yrs
    • Compensation: kr55.00k
  • Patrik Nordvall (52yo)

    Employee Representative Director

    • Tenure: 15.8yrs
  • Dragan Mitrasinovic (61yo)

    Employee Representative Director

    • Tenure: 14.8yrs
  • Ingrid Blank (57yo)

    Independent Director

    • Tenure: 13.8yrs
  • Anna Engebretsen (37yo)

    Director

    • Tenure: 9.6yrs

Company Information

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


Key Information

  • Name: Bilia AB (publ)
  • Ticker: BILI A
  • Exchange: OM
  • Founded:
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: kr9.626b
  • Shares outstanding: 100.95m
  • Website: https://www.bilia.com

Number of Employees


Location

  • Bilia AB (publ)
  • Norra Långebergsgatan 3
  • Västra Frölunda
  • Gothenburg
  • Västra Götaland County
  • 40091
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BILI AOM (OMX Nordic Exchange Stockholm)YesClass A SharesSESEKAug 1992
0RQ2LSE (London Stock Exchange)YesClass A SharesGBSEKAug 1992
BILIASBATS-CHIXE (BATS 'Chi-X Europe')YesClass A SharesGBSEKAug 1992
BHJCDB (Deutsche Boerse AG)YesClass A SharesDEEURAug 1992

Biography

Bilia AB (publ) engages in the sale and service of cars and transport vehicles. The company operates through Service, Cars, and Fuels segments. It sells new and used cars, and transport vehicles primarily  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/21 20:44
End of Day Share Price2019/11/21 00:00
Earnings2019/09/30
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.