Executive Summary
Byggmax Group AB (publ) sells building materials for common maintenance and DIY projects. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Byggmax Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMAX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-12.1%
BMAX
2.3%
SE Specialty Retail
-0.5%
SE Market
1 Year Return
83.0%
BMAX
-18.3%
SE Specialty Retail
13.9%
SE Market
Return vs Industry: BMAX exceeded the Swedish Specialty Retail industry which returned -20.3% over the past year.
Return vs Market: BMAX exceeded the Swedish Market which returned 15.2% over the past year.
Shareholder returns
| BMAX | Industry | Market | |
|---|---|---|---|
| 7 Day | -12.1% | 2.3% | -0.5% |
| 30 Day | -1.3% | 5.4% | 2.4% |
| 90 Day | -8.8% | 15.9% | 6.6% |
| 1 Year | 83.0%83.0% | -16.4%-18.3% | 15.9%13.9% |
| 3 Year | -10.3%-14.9% | -13.4%-24.7% | 31.6%17.5% |
| 5 Year | -20.2%-29.6% | -37.8%-49.2% | 60.3%28.9% |
Price Volatility Vs. Market
How volatile is Byggmax Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Need To Know: Byggmax Group AB (publ) (STO:BMAX) Insiders Have Been Selling Shares2 weeks ago | Simply Wall St
Is Byggmax Group AB (publ) (STO:BMAX) Potentially Undervalued?Valuation
Is Byggmax Group undervalued compared to its fair value and its price relative to the market?
6.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BMAX (SEK50.05) is trading above our estimate of fair value (SEK31.8)
Significantly Below Fair Value: BMAX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BMAX is good value based on its PE Ratio (6.9x) compared to the SE Specialty Retail industry average (15.5x).
PE vs Market: BMAX is good value based on its PE Ratio (6.9x) compared to the Swedish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BMAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BMAX is good value based on its PB Ratio (1.6x) compared to the SE Specialty Retail industry average (3.2x).
Next Steps
Future Growth
How is Byggmax Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-51.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if BMAX's forecast earnings growth is above the savings rate (0.5%).
Earnings vs Market: Insufficient data to determine if BMAX's earnings are forecast to grow faster than the Swedish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BMAX's revenue is expected to decline over the next 3 years (-2.6% per year).
High Growth Revenue: BMAX's revenue is forecast to decline over the next 3 years (-2.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMAX's Return on Equity is forecast to be low in 3 years time (11.3%).
Next Steps
Past Performance
How has Byggmax Group performed over the past 5 years?
-3.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMAX has high quality earnings.
Growing Profit Margin: BMAX's current net profit margins (6.8%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: BMAX's earnings have declined by 3.8% per year over the past 5 years.
Accelerating Growth: BMAX's earnings growth over the past year (200.8%) exceeds its 5-year average (-3.8% per year).
Earnings vs Industry: BMAX earnings growth over the past year (200.8%) exceeded the Specialty Retail industry -0.4%.
Return on Equity
High ROE: BMAX's Return on Equity (22.7%) is considered high.
Next Steps
Financial Health
How is Byggmax Group's financial position?
Financial Position Analysis
Short Term Liabilities: BMAX's short term assets (SEK1.2B) do not cover its short term liabilities (SEK2.0B).
Long Term Liabilities: BMAX's short term assets (SEK1.2B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: BMAX's debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: BMAX's debt to equity ratio has increased from 18.2% to 21.1% over the past 5 years.
Debt Coverage: BMAX's debt is well covered by operating cash flow (209%).
Interest Coverage: BMAX's interest payments on its debt are well covered by EBIT (13x coverage).
Balance Sheet
Next Steps
Dividend
What is Byggmax Group current dividend yield, its reliability and sustainability?
5.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMAX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMAX'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 BMAX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMAX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BMAX is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BMAX'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?
3.0yrs
Average management tenure
CEO
Mattias Ankarberg (44 yo)
3.92yrs
Tenure
kr8,000,000
Compensation
Mr. Mattias Ankarberg has been the Chief Executive Officer and President at Byggmax Group AB (publ) since November 14, 2016. Mr. Ankarberg serves as a Director of Thule Group AB (publ) since 2018. He serve ...
CEO Compensation Analysis
Compensation vs Market: Mattias's total compensation ($USD912.80K) is above average for companies of similar size in the Swedish market ($USD492.83K).
Compensation vs Earnings: Mattias's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.92yrs | kr8.00m | 0.18% SEK 5.5m | |
| Chief Financial Officer | 0.83yr | no data | no data | |
| Chief Information Officer | 2.75yrs | no data | 0.0033% SEK 99.8k | |
| Country Manager & Head of Expansion | 1.08yrs | no data | no data | |
| Head of Group Expansion | 3yrs | no data | no data | |
| Head of Store Development & Head of E-commerce | 3.75yrs | no data | 0.0069% SEK 210.9k | |
| Head of Supply Chain | 3.75yrs | no data | 0.0013% SEK 39.9k | |
| President & CEO of Skã¥Nska Byggvaror Division | 3yrs | no data | 0.014% SEK 416.1k |
3.0yrs
Average Tenure
45yo
Average Age
Experienced Management: BMAX's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 5.42yrs | kr600.00k | 0.57% SEK 17.5m | |
| Independent Director | 1.42yrs | kr300.00k | no data | |
| Director | 0.42yr | no data | no data | |
| Independent Director | 5.42yrs | kr300.00k | 0.0098% SEK 299.5k | |
| Director | 1.42yrs | kr200.00k | no data | |
| Independent Director | 5.42yrs | kr300.00k | no data | |
| Director | 1.42yrs | kr200.00k | no data |
1.4yrs
Average Tenure
51yo
Average Age
Experienced Board: BMAX's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Byggmax Group AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Byggmax Group AB (publ)
- Ticker: BMAX
- Exchange: OM
- Founded: 1993
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: kr3.044b
- Shares outstanding: 61.00m
- Website: https://www.byggmax.se
Number of Employees
Location
- Byggmax Group AB (publ)
- ArmEgatan 38
- Solna
- Stockholm County
- 171 71
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BMAX | OM (OMX Nordic Exchange Stockholm) | Yes | Common Shares | SE | SEK | Jun 2010 |
| 0MR4 | LSE (London Stock Exchange) | Yes | Common Shares | GB | SEK | Jun 2010 |
| BYY | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 2010 |
| BMAXs | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | SEK | Jun 2010 |
Biography
Byggmax Group AB (publ) sells building materials for common maintenance and DIY projects. The company offers building materials, including lumber, insulation, sheets, boards, and paints. It operates 109 st ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/23 20:59 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.