Proact IT Group
Proact IT Group AB (publ), together with its subsidiaries, operates as an independent integrator in the fields of data storage and cloud solutions in Europe and the United States. The last earnings update was 27 days ago. More info.
Add to Portfolio Compare Print
PACT Share Price and Events
7 Day Returns
1 Year Returns
PACT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Proact IT Group (PACT) | 4.4% | -4.8% | 11.7% | 41.7% | 111.5% | 170.1% |
| SE IT | 1.4% | -1.8% | 10% | 13.1% | 87.3% | 119.8% |
| SE Market | 1.2% | -2.4% | 1.9% | -1% | 13% | 17.5% |
1 Year Return vs Industry and Market
- PACT outperformed the IT industry which returned 13.1% over the past year.
- PACT outperformed the Market in Sweden which returned -1% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Proact IT Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Proact IT Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.1% |
| Perpetual Growth Rate | 10-Year SE Government Bond Rate | 0.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year SE Govt Bond Rate | 0.4% |
| Equity Risk Premium | S&P Global | 6% |
| IT Unlevered Beta | Simply Wall St/ S&P Global | 1.05 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.049 (1 + (1- 22%) (16.14%)) |
1.122 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.12 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (1.122 * 5.96%) |
7.12% |
Discounted Cash Flow Calculation for OM:PACT using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Proact IT Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (SEK, Millions) | Source |
Present Value Discounted (@ 7.12%) |
|
|---|---|---|---|
| 2019 | 182.00 | Analyst x1 | 169.91 |
| 2020 | 202.00 | Analyst x1 | 176.04 |
| 2021 | 223.00 | Analyst x1 | 181.43 |
| 2022 | 238.73 | Est @ 7.05% | 181.32 |
| 2023 | 250.82 | Est @ 5.07% | 177.85 |
| 2024 | 260.05 | Est @ 3.68% | 172.13 |
| 2025 | 267.08 | Est @ 2.7% | 165.04 |
| 2026 | 272.48 | Est @ 2.02% | 157.19 |
| 2027 | 276.70 | Est @ 1.55% | 149.01 |
| 2028 | 280.05 | Est @ 1.21% | 140.80 |
| Present value of next 10 years cash flows | SEK1,670.72 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= SEK280.05 × (1 + 0.43%) ÷ (7.12% – 0.43%) |
SEK4,207.99 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= SEK4,207.99 ÷ (1 + 7.12%)10 |
SEK2,115.58 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= SEK1,670.72 + SEK2,115.58 |
SEK3,786.30 |
| Equity Value per Share (SEK) |
= Total value / Shares Outstanding
= SEK3,786.30 / 9.15 |
SEK413.73 |
| Calculation | Result | |
|---|---|---|
| Value per share (SEK) | From above. | SEK413.73 |
| Current discount | Discount to share price of
SEK248.50
= -1 x (SEK248.50 - SEK413.73) / SEK413.73 |
39.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Proact IT Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Proact IT Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Proact IT Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Proact IT Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in SEK | SEK13.44 |
| OM:PACT Share Price ** | OM (2019-05-22) in SEK | SEK248.5 |
| Sweden IT Industry PE Ratio | Median Figure of 18 Publicly-Listed IT Companies | 17.32x |
| Sweden Market PE Ratio | Median Figure of 323 Publicly-Listed Companies | 16.73x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Proact IT Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OM:PACT Share Price ÷ EPS (both in SEK) = 248.5 ÷ 13.44 |
18.49x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Proact IT Group is overvalued based on earnings compared to the SE IT industry average.
- Proact IT Group is overvalued based on earnings compared to the Sweden market.
Price based on expected Growth
Does
Proact IT Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 18.49x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
10.7%per year |
| Sweden IT Industry PEG Ratio | Median Figure of 10 Publicly-Listed IT Companies | 2.21x |
| Sweden Market PEG Ratio | Median Figure of 235 Publicly-Listed Companies | 1.35x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 18.49x ÷ 10.7% |
1.73x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Proact IT Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Proact IT Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in SEK | SEK54.67 |
| OM:PACT Share Price * | OM (2019-05-22) in SEK | SEK248.5 |
| Sweden IT Industry PB Ratio | Median Figure of 23 Publicly-Listed IT Companies | 4x |
| Sweden Market PB Ratio | Median Figure of 568 Publicly-Listed Companies | 2.46x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OM:PACT Share Price ÷ Book Value per Share (both in SEK) = 248.5 ÷ 54.67 |
4.55x |
* Primary Listing of Proact IT Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Proact IT Group is overvalued based on assets compared to the SE IT industry average.
Value checks
We assess Proact IT Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) Proact IT Group has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Proact IT Group's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
- Proact IT Group's earnings growth is expected to exceed the Sweden market average.
- Proact IT Group's revenue growth is positive but not above the Sweden market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| OM:PACT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 10.7% |
| OM:PACT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 3.6% |
| Sweden IT Industry Earnings Growth Rate | Market Cap Weighted Average | 12.8% |
| Sweden IT Industry Revenue Growth Rate | Market Cap Weighted Average | 6% |
| Sweden Market Earnings Growth Rate | Market Cap Weighted Average | 8.6% |
| Sweden Market Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 3,845 | 317 | 169 | 1 |
| 2020-12-31 | 3,733 | 291 | 158 | 1 |
| 2019-12-31 | 3,625 | 267 | 146 | 1 |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 3,469 | 254 | 123 |
| 2018-12-31 | 3,318 | 243 | 127 |
| 2018-09-30 | 3,258 | 300 | 125 |
| 2018-06-30 | 3,186 | 154 | 121 |
| 2018-03-31 | 3,129 | 185 | 115 |
| 2017-12-31 | 3,243 | 241 | 113 |
| 2017-09-30 | 3,219 | 117 | 111 |
| 2017-06-30 | 3,160 | 290 | 107 |
| 2017-03-31 | 3,072 | 247 | 104 |
| 2016-12-31 | 2,922 | 154 | 95 |
| 2016-09-30 | 2,817 | 206 | 86 |
| 2016-06-30 | 2,839 | 137 | 82 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Proact IT Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 18.41 | 18.41 | 18.41 | 1.00 |
| 2020-12-31 | 17.27 | 17.27 | 17.27 | 1.00 |
| 2019-12-31 | 15.93 | 15.93 | 15.93 | 1.00 |
| Date (Data in SEK Millions) | EPS * |
|---|---|
| 2019-03-31 | 13.44 |
| 2018-12-31 | 13.87 |
| 2018-09-30 | 13.64 |
| 2018-06-30 | 13.20 |
| 2018-03-31 | 12.48 |
| 2017-12-31 | 12.22 |
| 2017-09-30 | 12.02 |
| 2017-06-30 | 11.60 |
| 2017-03-31 | 11.29 |
| 2016-12-31 | 10.32 |
| 2016-09-30 | 9.24 |
| 2016-06-30 | 8.85 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Proact IT Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Proact IT Group has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Proact IT Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Proact IT Group has delivered over 20% year on year earnings growth in the past 5 years.
- Proact IT Group's 1-year earnings growth is less than its 5-year average (6.8% vs 22%)
- Proact IT Group's earnings growth has not exceeded the SE IT industry average in the past year (6.8% vs 17%).
Earnings and Revenue History
All data from Proact IT Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 3,468.91 | 123.01 | 636.91 | |
| 2018-12-31 | 3,317.71 | 127.01 | 625.11 | |
| 2018-09-30 | 3,257.67 | 125.11 | 622.72 | |
| 2018-06-30 | 3,186.27 | 121.41 | 606.52 | |
| 2018-03-31 | 3,129.39 | 115.13 | 588.67 | |
| 2017-12-31 | 3,243.39 | 113.23 | 596.57 | |
| 2017-09-30 | 3,219.49 | 111.20 | 584.92 | |
| 2017-06-30 | 3,160.49 | 107.30 | 581.12 | |
| 2017-03-31 | 3,071.59 | 104.50 | 577.32 | |
| 2016-12-31 | 2,921.69 | 95.40 | 564.42 | |
| 2016-09-30 | 2,816.95 | 85.54 | 556.93 | |
| 2016-06-30 | 2,839.45 | 81.84 | 553.73 | |
| 2016-03-31 | 2,784.95 | 73.04 | 551.33 | |
| 2015-12-31 | 2,801.65 | 75.34 | 552.63 | |
| 2015-09-30 | 2,743.86 | 71.99 | 544.85 | |
| 2015-06-30 | 2,581.96 | 66.39 | 524.15 | |
| 2015-03-31 | 2,472.86 | 63.59 | 512.55 | |
| 2014-12-31 | 2,325.26 | 57.19 | 489.45 | |
| 2014-09-30 | 2,356.74 | 48.05 | 481.60 | |
| 2014-06-30 | 2,346.74 | 45.55 | 475.50 | |
| 2014-03-31 | 2,324.14 | 21.05 | 466.80 | |
| 2013-12-31 | 2,304.84 | 21.95 | 468.30 | |
| 2013-09-30 | 2,279.46 | 20.46 | 486.94 | |
| 2013-06-30 | 2,322.16 | 22.96 | 497.54 | |
| 2013-03-31 | 2,361.36 | 39.56 | 504.64 | |
| 2012-12-31 | 2,433.06 | 36.86 | 511.44 | |
| 2012-09-30 | 2,419.83 | 35.00 | 490.97 | |
| 2012-06-30 | 2,458.83 | 35.00 | 498.87 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Proact IT Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Proact IT Group used its assets less efficiently than the SE IT industry average last year based on Return on Assets.
- Proact IT Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Proact IT Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Proact IT Group has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Proact IT Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Proact IT Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- Proact IT Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Proact IT Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Proact IT Group Company Filings, last reported 1 month ago.
| Date (Data in SEK Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 502.30 | 367.00 | 246.00 |
| 2018-12-31 | 469.60 | 113.87 | 269.94 |
| 2018-09-30 | 438.80 | 161.20 | 165.50 |
| 2018-06-30 | 417.90 | 181.40 | 162.90 |
| 2018-03-31 | 411.80 | 207.90 | 180.30 |
| 2017-12-31 | 384.36 | 134.10 | 220.37 |
| 2017-09-30 | 381.70 | 246.00 | 124.60 |
| 2017-06-30 | 365.80 | 179.30 | 187.80 |
| 2017-03-31 | 383.70 | 227.50 | 220.60 |
| 2016-12-31 | 332.56 | 193.58 | 214.44 |
| 2016-09-30 | 313.30 | 227.40 | 153.30 |
| 2016-06-30 | 296.50 | 238.00 | 122.30 |
| 2016-03-31 | 291.40 | 220.80 | 101.60 |
| 2015-12-31 | 316.77 | 163.14 | 158.79 |
| 2015-09-30 | 289.30 | 165.00 | 76.50 |
| 2015-06-30 | 272.60 | 155.10 | 103.90 |
| 2015-03-31 | 285.70 | 167.10 | 126.00 |
| 2014-12-31 | 269.32 | 149.53 | 142.86 |
| 2014-09-30 | 271.80 | 174.30 | 72.30 |
| 2014-06-30 | 260.40 | 157.20 | 75.10 |
| 2014-03-31 | 255.80 | 151.80 | 54.80 |
| 2013-12-31 | 242.61 | 164.99 | 43.92 |
| 2013-09-30 | 228.20 | 200.40 | 25.30 |
| 2013-06-30 | 223.00 | 202.60 | 44.30 |
| 2013-03-31 | 234.40 | 199.50 | 30.20 |
| 2012-12-31 | 228.49 | 187.96 | 102.92 |
| 2012-09-30 | 213.50 | 249.50 | 29.10 |
| 2012-06-30 | 210.70 | 229.20 | 22.20 |
- Proact IT Group's level of debt (73.1%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (59.4% vs 73.1% today).
- Debt is well covered by operating cash flow (69.2%, greater than 20% of total debt).
- Proact IT Group earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess Proact IT Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Proact IT Group has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Proact IT Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
SEK2,000 of
Proact IT Group
shares you are expected to receive
SEK33
in your first year as a dividend.
Dividend Amount
- Proact IT Group's pays a lower dividend yield than the bottom 25% of dividend payers in Sweden (1.8%).
- Proact IT Group's dividend is below the markets top 25% of dividend payers in Sweden (4.4%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Sweden IT Industry Average Dividend Yield | Market Cap Weighted Average of 14 Stocks | 2.9% |
| Sweden Market Average Dividend Yield | Market Cap Weighted Average of 243 Stocks | 3.2% |
| Sweden Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Sweden Bottom 25% Dividend Yield | 25th Percentile | 1.8% |
| Sweden Top 25% Dividend Yield | 75th Percentile | 4.4% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in SEK) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 5.50 | 1.00 |
| 2020-12-31 | 5.00 | 1.00 |
| 2019-12-31 | 4.55 | 1.00 |
| Date (Data in SEK) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-18 | 4.150 | 1.672 |
| 2019-02-06 | 4.150 | 1.840 |
| 2018-04-16 | 3.750 | 2.175 |
| 2018-02-08 | 3.750 | 2.531 |
| 2017-04-18 | 3.500 | 1.801 |
| 2017-02-09 | 3.500 | 1.985 |
| 2016-04-11 | 2.700 | 2.052 |
| 2016-02-11 | 2.700 | 2.155 |
| 2015-05-06 | 1.700 | 1.445 |
| 2014-03-28 | 1.200 | 1.409 |
| 2014-02-13 | 1.200 | 1.320 |
| 2013-03-28 | 1.100 | 1.416 |
| 2013-02-14 | 1.100 | 1.214 |
| 2012-04-02 | 1.000 | 0.944 |
| 2012-02-15 | 1.000 | 0.692 |
| 2011-07-13 | 1.500 | 1.074 |
| 2010-03-29 | 1.350 | 1.261 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Proact IT Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but Proact IT Group only paid a dividend in the past 9 years.
Income/ dividend checks
We assess Proact IT Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Proact IT Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Proact IT Group has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| AGE | 51 |
| TENURE AS CEO | 0.7 years |
CEO Bio
Mr. Jonas Hasselberg has been a Director of Edgeware AB (publ) since May 4, 2018. He serves as Chief Executive Officer and President since September 01, 2018 at Proact IT Group AB (publ) and employed in Proact IT Group AB (publ) since 2018. He served as Head of Consumer Business Unit and Vice President at Telia Company AB since October 2015. Mr. Hasselberg served as Co-Acting Group CCO of TeliaSonera Aktiebolag (publ) since July 1, 2015. Mr. Hasselberg served as Senior Vice President of Product Management of Mycronic AB (publ). Previously, Mr. Hasselberg served as Vice President - Business Development of Mycronic AB (publ) since 2006. He served as Head of Global Product Management for Windows Mobile of Microsoft Corp. from 2000 to 2006. He holds a M. Sc. degree in Engineering Physics, Computer Science and Discrete Mathematics in the year 1988 to 2003.
CEO Compensation
- Insufficient data for Jonas to compare compensation growth.
- Insufficient data for Jonas to establish whether their remuneration is reasonable compared to companies of similar size in Sweden.
Management Team
Jonas Hasselberg
CEO & President
51
0.7 yrs
Jonas Persson
Chief Financial Officer
46
Omar Lien
COO & Dy MD
75
Paul Bates
VP of Portfolio & Technology
43
0.2 yrs
Hans Akerlund
Vice President of Human Resources and Communication
Jon Duffy
Head of Service Delivery - United Kingdom
Richardas Pivoriunas
Managing Director of Proact Lietuva UAB
56
Dimitri Scharafutdinov
Managing Director of Proact IT Latvia SIA
44
Karel Kannel
Managing Director of Proact Estonia AS
48
Lucas den Os
Managing Director of Proact Netherlands B V
48
Board of Directors Tenure
Average tenure and age of the Proact IT Group board of directors in years:
- The average tenure for the Proact IT Group board of directors is less than 3 years, this suggests a new board.
Board of Directors
Eva Elmstedt
Chairman
SEK285K
58
Martin Gren
Board Member
SEK123K
56
2 yrs
Annikki Schaeferdiek
Board Member
SEK152K
49
2 yrs
Thomas Thuresson
Director
61
1 yrs
Anders Thulin
Board Member
55
1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SEK) | Value (SEK) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 25. Mar 19 | Sell | Jakob Höholdt | Individual | 20. Mar 19 | 20. Mar 19 | -5,152 | SEK224.21 | SEK-1,155,130 | ||
| 22. Mar 19 | Sell | Arne Kungberg | Individual | 22. Mar 19 | 22. Mar 19 | -7,051 | SEK209.00 | SEK-1,473,659 | ||
| 07. Feb 19 | Buy | Eva Elmstedt | Individual | 06. Feb 19 | 06. Feb 19 | 1,000 | SEK191.53 | SEK191,530 | ||
| 22. Nov 18 | Buy | Eva Elmstedt | Individual | 21. Nov 18 | 21. Nov 18 | 465 | SEK163.00 | SEK75,737 | ||
| 01. Jun 18 | Buy | Eva Elmstedt | Individual | 31. May 18 | 31. May 18 | 2,000 | SEK177.40 | SEK350,400 | ||
| 31. May 18 | Buy | Eva Elmstedt | Individual | 30. May 18 | 30. May 18 | 1,000 | SEK172.40 | SEK172,400 | ||
Management checks
We assess Proact IT Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Proact IT Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Here's What Proact IT Group AB (publ)'s (STO:PACT) ROCE Can Tell Us
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleInterested In Proact IT Group AB (publ) (STO:PACT)? Here's What Its Recent Performance Looks Like
Below, I will assess PACT's latest performance announced on 30 September 2018 and weight these figures against its longer term trend and industry movements. … How PACT fared against its long-term earnings performance and its industry. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 27%, indicating the rate at which PACT is growing has slowed down
Simply Wall St - – Full articleShould We Be Delighted With Proact IT Group AB (publ)'s (STO:PACT) ROE Of 29%?
Our data shows Proact IT Group has a return on equity of 29% for the last year. … That means that for every SEK1 worth of shareholders' equity, it generated SEK0.29 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleProact IT Group AB (publ) (STO:PACT)'s Return on Capital
This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand Proact IT Group’s capital returns we will look at a useful metric called return on capital employed.
Simply Wall St - – Full articleProact IT Group AB (publ) (STO:PACT): Cash Is King
Today we will examine Proact IT Group’s ability to generate cash flows, as well as the level of capital expenditure it is expected to incur over the next couple of years, which will result in how much money goes to you. … Proact IT Group generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … I will be analysing Proact IT Group’s FCF by looking at its FCF yield and its operating cash flow growth.
Simply Wall St - – Full articleDoes Proact IT Group AB (publ)'s (STO:PACT) Past Performance Indicate A Stronger Future?
When Proact IT Group AB (publ) (STO:PACT) announced its most recent earnings (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Did PACT's recent earnings growth beat the long-term trend and the industry. … PACT's trailing twelve-month earnings (from 30 June 2018) of kr121.41m has
Simply Wall St - – Full articleWhen Should You Buy Proact IT Group AB (publ) (STO:PACT)?
saw a double-digit share price rise of over 10% in the past couple of months on the OM. … Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … Today I will analyse the most recent data on Proact IT Group’s outlook and valuation to see if the opportunity still exists
Simply Wall St - – Full articleWhat To Know Before Buying Proact IT Group AB (publ) (STO:PACT) For Its Dividend
In the past 10 years Proact IT Group AB (publ) (STO:PACT) has returned an average of 2.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether Proact IT Group should have a place in your portfolio. … Check out our latest analysis for Proact IT Group
Simply Wall St - – Full articleHow Did Proact IT Group AB (publ)'s (STO:PACT) 28.30% ROE Fare Against The Industry?
and want a simplistic look at the return on Proact IT Group AB (publ) (STO:PACT) stock. … Proact IT Group AB (publ) (STO:PACT) outperformed the it consulting and other services industry on the basis of its ROE – producing a higher 28.30% relative to the peer average of 19.98% over the past 12 months. … If PACT borrows debt to invest in its business, its profits will be higher.
Simply Wall St - – Full articleShould You Be Tempted To Sell Proact IT Group AB (publ) (STO:PACT) Because Of Its PE Ratio?
Yes, this cheaper multiple can initially be attractive, but there are many company-specific elements which are not captured in such a static ratio – such as its growth outlook and debt obligations … Below, I will lay out some important considerations to help determine which multiple best suits
Simply Wall St - – Full articleCompany Info
Description
Proact IT Group AB (publ), together with its subsidiaries, operates as an independent integrator in the fields of data storage and cloud solutions in Europe and the United States. The company operates through Nordics, UK, East, West, and Proact Finance segments. It offers data storage solutions, such as primary storage, backup and recovery, archiving, business continuity, and disaster recovery solutions; financial solutions; and networking solutions, including vulnerability assessments, network health checks, consultancy, design and deployment, data center and virtualization network, and collaboration and communication network solutions. The company also provides security solutions comprising enterprise cloud, virtualization, data encryption for storage, security incident monitoring, fraud detection, and policy management solutions; and unified computing solutions, such as infrastructure virtualization, desktop virtualization, Microsoft applications, and business continuity and disaster recovery solutions. In addition, it offers virtualization solutions, including server virtualization, desktop virtualization, and automation and orchestration solutions. Further, the company provides managed cloud services, such as backup as a service, disaster recovery as a service, flexpod as a service, infrastructure as a service, SIEM as a service, storage as a service, software as a service, and vulnerability assessment as a service, as well as service management, and support and management for Oracle; and various professional services, including design, implementation, configuration, and training services. Proact IT Group AB (publ) was founded in 1994 and is headquartered in Kista, Sweden.
Details
| Name: | Proact IT Group AB (publ) |
| PACT | |
| Exchange: | OM |
| Founded: | 1994 |
| SEK2,274,176,824 | |
| 9,151,617 | |
| Website: | http://www.proact.se |
| Address: |
Proact IT Group AB (publ) Kistagången 2, Box 1205, Kista, 164 28, Sweden |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OM | PACT | Registered Shares | OMX Nordic Exchange Stockholm | SE | SEK | 22. May 1998 | |
| LSE | 0GT3 | Registered Shares | London Stock Exchange | GB | SEK | 22. May 1998 | |
| BATS-CHIXE | PACTS | Registered Shares | BATS 'Chi-X Europe' | GB | SEK | 22. May 1998 |
Number of employees
Current staff
Industry
| IT Consulting and Other Services | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/22 20:46 |
| End of day share price update: | 2019/05/22 00:00 |
| Last estimates confirmation: | 2019/04/30 |
| Last earnings filing: | 2019/04/25 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
