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CLAS

Clas OhlsonOM:CLAS B Stock Report

Market Cap

kr7.1b

7D

1.5%

1Y

40.8%

Updated

06 Dec, 2021

Data

Company Financials +
CLAS B fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends4/6

CLAS B Stock Overview

Clas Ohlson AB (publ) operates as a retailing company in Sweden and internationally.

Clas Ohlson Competitors

Amazon.com

NasdaqGS:AMZN

US$1.7t

Dustin Group

OM:DUST

kr12.1b

BHG Group

OM:BHG

kr11.8b

Kjell Group

OM:KJELL

kr1.8b

Price History & Performance

Summary of all time highs, changes and price drops for Clas Ohlson
Historical stock prices
Current Share Pricekr112.60
52 Week Highkr114.00
52 Week Lowkr73.00
Beta0.86
1 Month Change20.11%
3 Month Change8.90%
1 Year Change40.75%
3 Year Change27.88%
5 Year Change-13.55%
Change since IPO603.75%

Recent News & Updates

Nov 10
Investors Could Be Concerned With Clas Ohlson's (STO:CLAS B) Returns On Capital

Investors Could Be Concerned With Clas Ohlson's (STO:CLAS B) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

CLAS BSE Specialty RetailSE Market
7D1.5%1.8%-1.6%
1Y40.8%-5.3%28.3%

Return vs Industry: CLAS B exceeded the Swedish Specialty Retail industry which returned -8.3% over the past year.

Return vs Market: CLAS B exceeded the Swedish Market which returned 27.7% over the past year.

Price Volatility

Is CLAS B's price volatile compared to industry and market?
CLAS B volatility
CLAS B Average Weekly Movement4.2%
Specialty Retail Industry Average Movement4.8%
Market Average Movement6.5%
10% most volatile stocks in SE Market11.9%
10% least volatile stocks in SE Market3.8%

Stable Share Price: CLAS B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CLAS B's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19184,500Kristofer Tonströmhttps://www.clasohlson.com

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 and online shopping.

Clas Ohlson Fundamentals Summary

How do Clas Ohlson's earnings and revenue compare to its market cap?
CLAS B fundamental statistics
Market Capkr7.13b
Earnings (TTM)kr408.20m
Revenue (TTM)kr8.27b

17.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLAS B income statement (TTM)
Revenuekr8.27b
Cost of Revenuekr4.90b
Gross Profitkr3.37b
Expenseskr2.96b
Earningskr408.20m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

Dec 08, 2021

Earnings per share (EPS)6.44
Gross Margin40.71%
Net Profit Margin4.94%
Debt/Equity Ratio0%

How did CLAS B perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

97%

Payout Ratio

Does CLAS B pay a reliable dividends?

See CLAS B dividend history and benchmarks
When do you need to buy CLAS B by to receive an upcoming dividend?
Clas Ohlson dividend dates
Ex Dividend DateJan 10 2022
Dividend Pay DateJan 14 2022
Days until Ex dividend34 days
Days until Dividend pay date38 days

Does CLAS B pay a reliable dividends?

See CLAS B dividend history and benchmarks

Valuation

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

34.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CLAS B (SEK112.6) is trading below our estimate of fair value (SEK173.09)

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 good value based on its PE Ratio (17.5x) compared to the Swedish Specialty Retail industry average (23.5x).

PE vs Market: CLAS B is good value based on its PE Ratio (17.5x) compared to the Swedish market (23.4x).


Price to Earnings Growth Ratio

PEG Ratio: CLAS B is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: CLAS B's PB Ratio (3.1x) is in line with the SE Specialty Retail industry average.


Future Growth

How is Clas Ohlson forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

5.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLAS B's forecast earnings growth (5.8% per year) is above the savings rate (0.3%).

Earnings vs Market: CLAS B's earnings (5.8% per year) are forecast to grow faster than the Swedish market (3.9% per year).

High Growth Earnings: CLAS B's earnings are forecast to grow, but not significantly.

Revenue vs Market: CLAS B's revenue (1.5% per year) is forecast to grow slower than the Swedish market (5.4% per year).

High Growth Revenue: CLAS B's revenue (1.5% 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 (22%)


Past Performance

How has Clas Ohlson performed over the past 5 years?

-1.1%

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 (4.9%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: CLAS B's earnings have declined by 1.1% per year over the past 5 years.

Accelerating Growth: CLAS B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CLAS B had negative earnings growth (-8%) over the past year, making it difficult to compare to the Specialty Retail industry average (51.5%).


Return on Equity

High ROE: CLAS B's Return on Equity (17.6%) is considered low.


Financial Health

How is Clas Ohlson's financial position?


Financial Position Analysis

Short Term Liabilities: CLAS B's short term assets (SEK2.7B) exceed its short term liabilities (SEK2.2B).

Long Term Liabilities: CLAS B's short term assets (SEK2.7B) exceed its long term liabilities (SEK1.7B).


Debt to Equity History and Analysis

Debt Level: CLAS B is debt free.

Reducing Debt: CLAS B has no debt compared to 5 years ago when its debt to equity ratio was 0.06%.

Debt Coverage: CLAS B has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CLAS B has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Clas Ohlson current dividend yield, its reliability and sustainability?

5.55%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 07 2021Ex Dividend DateJan 10 2022Dividend Pay DateJan 14 20224 days from Ex DividendBuy in the next 34 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CLAS B's dividend (5.55%) is higher than the bottom 25% of dividend payers in the Swedish market (0.93%).

High Dividend: CLAS B's dividend (5.55%) is in the top 25% of dividend payers in the Swedish market (3.48%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (97%), CLAS B's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CLAS B's dividends in 3 years are forecast to be covered by earnings (85.6% payout ratio).


Next Steps

Management

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

0.9yrs

Average management tenure


CEO

Kristofer Tonström (42 yo)

0.83

Tenure

kr7,046,000

Compensation

Mr. Kristofer Tonström serves as President and Chief Executive Officer at Clas Ohlson AB (publ) since February 8, 2021. He served as Chief Executive Officer of Filippa K AB until April 1 2021.


CEO Compensation Analysis

Compensation vs Market: Kristofer's total compensation ($USD774.43K) is about average for companies of similar size in the Swedish market ($USD718.11K).

Compensation vs Earnings: Insufficient data to compare Kristofer's compensation with company performance.


Leadership Team

Experienced Management: CLAS B's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: CLAS B's board of directors are considered experienced (4.1 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 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

Clas Ohlson AB (publ)'s 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: kr7.133b
  • Shares outstanding: 63.35m
  • Website: https://www.clasohlson.com

Number of Employees


Location

  • Clas Ohlson AB (publ)
  • Leksand
  • Insjön
  • Dalarna County
  • 793 85
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 21:42
End of Day Share Price2021/12/06 00:00
Earnings2021/07/31
Annual Earnings2021/04/30


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.