Executive Summary
Clas Ohlson AB (publ) operates as a retailing company in Sweden and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Clas Ohlson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLAS B's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.1%
CLAS B
3.5%
SE Specialty Retail
2.6%
SE Market
1 Year Return
14.6%
CLAS B
-13.6%
SE Specialty Retail
6.0%
SE Market
Return vs Industry: CLAS B exceeded the Swedish Specialty Retail industry which returned -13.6% over the past year.
Return vs Market: CLAS B exceeded the Swedish Market which returned 6% over the past year.
Shareholder returns
| CLAS B | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 3.5% | 2.6% |
| 30 Day | -3.5% | -8.5% | 0.7% |
| 90 Day | 44.7% | 27.7% | 25.9% |
| 1 Year | 21.5%14.6% | -11.6%-13.6% | 7.5%6.0% |
| 3 Year | -22.2%-35.0% | -22.6%-32.8% | 20.5%7.7% |
| 5 Year | -10.9%-31.2% | -43.9%-54.2% | 37.8%10.6% |
Price Volatility Vs. Market
How volatile is Clas Ohlson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
At kr78.50, Is It Time To Put Clas Ohlson AB (publ) (STO:CLAS B) On Your Watch List?3 months ago | Simply Wall St
Would Clas Ohlson AB (publ) (STO:CLAS B) Be Valuable To Income Investors?Valuation
Is Clas Ohlson undervalued compared to its fair value and its price relative to the market?
41.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLAS B (SEK105.3) is trading below our estimate of fair value (SEK180.35)
Significantly Below Fair Value: CLAS B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLAS B is poor value based on its PE Ratio (17.7x) compared to the Specialty Retail industry average (17x).
PE vs Market: CLAS B is good value based on its PE Ratio (17.7x) compared to the Swedish market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: CLAS B is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: CLAS B is overvalued based on its PB Ratio (3.8x) compared to the SE Specialty Retail industry average (2.3x).
Next Steps
Future Growth
How is Clas Ohlson forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLAS B's forecast earnings growth (6.6% per year) is above the savings rate (0.5%).
Earnings vs Market: CLAS B's earnings (6.6% per year) are forecast to grow slower than the Swedish market (17.3% per year).
High Growth Earnings: CLAS B's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLAS B's revenue (0.3% per year) is forecast to grow slower than the Swedish market (6.2% per year).
High Growth Revenue: CLAS B's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLAS B's Return on Equity is forecast to be high in 3 years time (21.3%)
Next Steps
Past Performance
How has Clas Ohlson performed over the past 5 years?
-16.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLAS B has high quality earnings.
Growing Profit Margin: CLAS B's current net profit margins (4.3%) are higher than last year (0.8%).
Past Earnings Growth Analysis
Earnings Trend: CLAS B's earnings have declined by -16.6% per year over the past 5 years.
Accelerating Growth: CLAS B's earnings growth over the past year (416.1%) exceeds its 5-year average (-16.6% per year).
Earnings vs Industry: CLAS B earnings growth over the past year (416.1%) exceeded the Specialty Retail industry -3.9%.
Return on Equity
High ROE: CLAS B's Return on Equity (21.3%) is considered high.
Next Steps
Financial Health
How is Clas Ohlson's financial position?
Financial Position Analysis
Short Term Liabilities: CLAS B's short term assets (SEK2.1B) do not cover its short term liabilities (SEK2.1B).
Long Term Liabilities: CLAS B's short term assets (SEK2.1B) exceed its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: CLAS B's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CLAS B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CLAS B's debt is well covered by operating cash flow (1910.6%).
Interest Coverage: CLAS B's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Clas Ohlson current dividend yield, its reliability and sustainability?
5.94%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLAS 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 CLAS 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 CLAS B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLAS B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CLAS B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLAS 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?
2.9yrs
Average management tenure
CEO
Lotta Lyrå (45yo)
2.92yrs
Tenure
kr10,800,000
Compensation
Mrs. Lotta Lyrå, MSc Econ., has been President and Chief Executive Officer at Clas Ohlson AB (publ) since August 1, 2017. She was previously employed as Head of Productivity for the Group at Södra Skogsäga ...
CEO Compensation Analysis
Compensation vs Market: Lotta's total compensation ($USD1.16M) is above average for companies of similar size in the Swedish market ($USD815.59K).
Compensation vs Earnings: Lotta's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.92yrs | kr10.80m | 0.034% SEK2.3m | |
| Chief Financial Officer | 2yrs | no data | 0.017% SEK1.2m | |
| Head of Legal & Sustainability | no data | no data | 0.00063% SEK42.0k | |
| Group Head of Communications | no data | no data | no data | |
| Director of Sales & Communications | 9.08yrs | no data | no data | |
| HR Director | 3.5yrs | no data | 0.0069% SEK458.2k | |
| Head of Merchandiser | no data | no data | no data | |
| Head of B2B | 6.08yrs | no data | no data | |
| Chief Digital Officer | 1.5yrs | no data | 0.0020% SEK134.1k | |
| Interim Chief Commercial Officer | 1.5yrs | no data | no data |
2.9yrs
Average Tenure
47yo
Average Age
Experienced Management: CLAS B's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 5.83yrs | kr760.00k | 0.11% SEK7.1m | |
| Independent Director | 4.83yrs | kr380.00k | 0.080% SEK5.3m | |
| Independent Director | 2.83yrs | kr400.00k | 0.0079% SEK526.2k | |
| Independent Director | 1.83yrs | kr400.00k | no data | |
| Director | 5.83yrs | kr460.00k | 0.0063% SEK421.5k | |
| Independent Director | 1.83yrs | kr320.00k | 0.0071% SEK473.5k | |
| Employee Representative Director | 8.5yrs | no data | 0.0024% SEK163.4k | |
| Director | 4.83yrs | kr380.00k | 7.53% SEK502.1m | |
| Independent Director | 2.83yrs | kr320.00k | 0.0066% SEK442.2k | |
| Employee Representative Director | 2.5yrs | no data | no data |
3.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: CLAS B's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLAS B insiders have sold more shares than they have bought 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
Clas Ohlson AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Clas Ohlson AB (publ)
- Ticker: CLAS B
- Exchange: OM
- Founded: 1918
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: kr6.669b
- Shares outstanding: 63.34m
- Website: https://www.clasohlson.com
Number of Employees
Location
- Clas Ohlson AB (publ)
- Leksand
- Insjön
- Dalarna County
- 793 85
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLAS B | OM (OMX Nordic Exchange Stockholm) | Yes | Series B Shares | SE | SEK | Oct 1999 |
| 0GQE | LSE (London Stock Exchange) | Yes | Series B Shares | GB | SEK | Oct 1999 |
| CLASBs | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series B Shares | GB | SEK | Oct 1999 |
| OHCB | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Oct 1999 |
Biography
Clas Ohlson AB (publ) operates as a retailing company in Sweden and internationally. It offers hardware, electrical, multimedia, home, and leisure products, as well as spare parts and accessories. The company sells its products through its stores, as well as through online shopping and catalogue sales. As of April 30, 2019, it operated 97 stores in Sweden, 90 in Norway, 42 in Finland, and 3 in the United Kingdom. Clas Ohlson AB (publ) was founded in 1918 and is headquartered in Insjön, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/04 20:54 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2020/04/30 |
| Annual Earnings | 2020/04/30 |
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.