OM:ELEC

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Electra Gruppen

Executive Summary

Electra Gruppen AB (publ), through its subsidiaries, offers home electronics in Sweden.


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.6%

ELEC

3.5%

SE Specialty Retail

2.6%

SE Market


1 Year Return

-6.4%

ELEC

-13.6%

SE Specialty Retail

6.0%

SE Market

Return vs Industry: ELEC exceeded the Swedish Specialty Retail industry which returned -13.6% over the past year.

Return vs Market: ELEC underperformed the Swedish Market which returned 6% over the past year.


Shareholder returns

ELECIndustryMarket
7 Day-1.6%3.5%2.6%
30 Day-6.7%-8.5%0.7%
90 Day10.6%27.7%25.9%
1 Year-6.4%-6.4%-11.6%-13.6%7.5%6.0%
3 Year-31.6%-40.1%-22.6%-32.8%20.5%7.7%
5 Year-37.8%-52.1%-43.9%-54.2%37.8%10.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

19.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ELEC (SEK36.4) is trading below our estimate of fair value (SEK45.47)

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


Price To Earnings Ratio

PE vs Industry: ELEC is good value based on its PE Ratio (11.3x) compared to the Specialty Retail industry average (17x).

PE vs Market: ELEC is good value based on its PE Ratio (11.3x) compared to the Swedish market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ELEC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ELEC is good value based on its PB Ratio (0.9x) compared to the SE Specialty Retail industry average (2.3x).


Next Steps

Future Growth

How is Electra Gruppen forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

39.2%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Electra Gruppen has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Electra Gruppen performed over the past 5 years?

-14.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELEC has high quality earnings.

Growing Profit Margin: ELEC's current net profit margins (0.9%) are lower than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: ELEC's earnings have declined by -14.9% per year over the past 5 years.

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

Earnings vs Industry: ELEC had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Specialty Retail industry average (-3.9%).


Return on Equity

High ROE: ELEC's Return on Equity (8.2%) is considered low.


Next Steps

Financial Health

How is Electra Gruppen's financial position?


Financial Position Analysis

Short Term Liabilities: ELEC's short term assets (SEK451.9M) exceed its short term liabilities (SEK281.2M).

Long Term Liabilities: ELEC's short term assets (SEK451.9M) exceed its long term liabilities (SEK106.9M).


Debt to Equity History and Analysis

Debt Level: ELEC's debt to equity ratio (10.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ELEC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ELEC's debt is well covered by operating cash flow (130.7%).

Interest Coverage: ELEC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Electra Gruppen current dividend yield, its reliability and sustainability?

8.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ELEC's dividend (8.93%) is higher than the bottom 25% of dividend payers in the Swedish market (1.68%).

High Dividend: ELEC's dividend (8.93%) is in the top 25% of dividend payers in the Swedish market (5.14%)


Stability and Growth of Payments

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

Growing Dividend: ELEC's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100.8%), ELEC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

7.7yrs

Average management tenure


CEO

Anneli Sjöstedt

7.67yrs

Tenure

kr3,171,000

Compensation

Ms. Anneli Sjöstedt serves as the Chief Executive Officer of Electra Gruppen AB since November 2012. Ms. Sjöstedt served as the President and Chief Financial Officer of Electra Gruppen AB. 


CEO Compensation Analysis

Compensation vs Market: Anneli's total compensation ($USD340.27K) is above average for companies of similar size in the Swedish market ($USD232.55K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Anneli Sjöstedt
Chief Executive Officer7.67yrskr3.17m0.019% SEK36.4k
Johan Jaensson
Chief Financial Officer7.33yrsno data0.0096% SEK18.2k
Ivar Handeland
Marketing Managerno datano data0.012% SEK21.8k
Ola Schwarz
Head of Logistics and IT23.5yrsno datano data

7.7yrs

Average Tenure

Experienced Management: ELEC's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alexander Oker-Blom
Independent Director15.5yrskr150.00k5% SEK9.5m
Jacob Wall
Independent Director4.5yrskr150.00kno data
Peter Elving
Independent Chairman of the Board9.5yrskr250.00k0.058% SEK109.2k
Håkan Lissinger
Vice Chairman51.5yrskr600.00k20.92% SEK39.6m
Petra Albuschus
Independent Director6.5yrskr150.00k0.012% SEK22.2k

9.5yrs

Average Tenure

56yo

Average Age

Experienced Board: ELEC's board of directors are considered experienced (9.5 years average tenure).


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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Electra Gruppen AB (publ)
  • Ticker: ELEC
  • Exchange: OM
  • Founded: 1949
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: kr189.321m
  • Shares outstanding: 5.20m
  • Website: https://www.electra.se

Location

  • Electra Gruppen AB (publ)
  • Trångsundsvägen 20
  • Kalmar
  • Kalmar County
  • 392 39
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELECOM (OMX Nordic Exchange Stockholm)YesCommon StockSESEKMay 2006
0KO0LSE (London Stock Exchange)YesCommon StockGBSEKMay 2006
ELECSBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBSEKMay 2006

Biography

Electra Gruppen AB (publ), through its subsidiaries, offers home electronics in Sweden. The company operates in Electra Retail and Electra Logistics & IT segments. It also provides commerce, IT, and logistics services. In addition, the company offers supply chain, 3PL, chain concept, installing portal, store computer system, establishment tools, digital signage, and accounting services. The company offers its products through retail chains, e-retailers, and companies in various industries. Electra Gruppen AB (publ) was founded in 1949 and is based in Kalmar, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 21:00
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.