Softronic AB provides IT and management services in primarily in Sweden.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Softronic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SOF B has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SOF B exceeded the Swedish IT industry which returned 2.5% over the past year.
Return vs Market: SOF B exceeded the Swedish Market which returned 15.2% over the past year.
Price Volatility Vs. Market
How volatile is Softronic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHow Good Is Softronic AB (STO:SOF B), When It Comes To ROE?
3 weeks ago | Simply Wall StIs Softronic's (STO:SOF B) Share Price Gain Of 161% Well Earned?
1 month ago | Simply Wall StKey Things To Watch Out For If You Are After Softronic AB's (STO:SOF B) 4.2% Dividend
Is Softronic undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SOF B (SEK17.5) is trading below our estimate of fair value (SEK36.69)
Significantly Below Fair Value: SOF B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SOF B is good value based on its PE Ratio (16.5x) compared to the IT industry average (18.3x).
PE vs Market: SOF B is good value based on its PE Ratio (16.5x) compared to the Swedish market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SOF B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SOF B is overvalued based on its PB Ratio (3.4x) compared to the SE IT industry average (3.3x).
How is Softronic forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 Softronic 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.
- Examine whether Softronic is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Softronic competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Softronic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOF B has high quality earnings.
Growing Profit Margin: SOF B's current net profit margins (7.8%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: SOF B's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: SOF B's earnings growth over the past year (6.6%) is below its 5-year average (20.2% per year).
Earnings vs Industry: SOF B earnings growth over the past year (6.6%) exceeded the IT industry 2.8%.
Return on Equity
High ROE: SOF B's Return on Equity (20.4%) is considered high.
How is Softronic's financial position?
Financial Position Analysis
Short Term Liabilities: SOF B's short term assets (SEK295.7M) exceed its short term liabilities (SEK154.5M).
Long Term Liabilities: SOF B's short term assets (SEK295.7M) exceed its long term liabilities (SEK25.4M).
Debt to Equity History and Analysis
Debt Level: SOF B is debt free.
Reducing Debt: SOF B has not had any debt for past 5 years.
Debt Coverage: SOF B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOF B has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: SOF B has a low level of unsold assets or inventory.
Debt Coverage by Assets: SOF B's debt is not covered by short term assets (assets are -15.6x debt).
What is Softronic's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SOF B's dividend (5.71%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).
High Dividend: SOF B's dividend (5.71%) is in the top 25% of dividend payers in the Swedish market (4.36%)
Stability and Growth of Payments
Stable Dividend: SOF B's dividends per share have been stable in the past 10 years.
Growing Dividend: SOF B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.3%), SOF B'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Per Adolfsson (59yo)
Mr. Per Adolfsson has been Chief Executive Officer at Softronic AB since April 2019.
|Chief Executive Officer||0.8yrs||no data||no data|
|Chief Financial Officer||16.1yrs||no data||no data|
|Chief Operating Officer||21.1yrs||no data||no data|
|Head of Sales||0yrs||no data||no data|
|Manager of Group Functions||0yrs||no data||no data|
Experienced Management: SOF B's management team is seasoned and experienced (16.1 years average tenure).
|Chairman of the Board||0yrs||kr3.83m||21.27% SEK200.4m|
|Director||4.1yrs||no data||no data|
|Director||17.1yrs||no data||no data|
|Director||10.1yrs||no data||no data|
|Director||1.1yrs||no data||no data|
|Director||1.1yrs||no data||no data|
Experienced Board: SOF B's board of directors are seasoned and experienced ( 10.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Softronic AB's company bio, employee growth, exchange listings and data sources
- Name: Softronic AB
- Ticker: SOF B
- Exchange: OM
- Founded: 1984
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: kr942.127m
- Shares outstanding: 52.63m
- Website: https://www.softronic.se
- Softronic AB
- Hammarby kaj 10A
- 120 32
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SOF B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Shares||SE||SEK||Dec 1998|
|0GU8||LSE (London Stock Exchange)||Yes||Class B Shares||GB||SEK||Dec 1998|
|SF7||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Dec 1998|
|SOFBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Shares||GB||SEK||Dec 1998|
Softronic AB provides IT and management services in primarily in Sweden. The company offers scanning, application hosting, secure communication, digital sales platform, cyber defense as a service, compliance manager, business system, office support, travel and event, issue management system, e-commerce, e-health, insurance system, and digitization solutions. It also provides artificial intelligence, member system, premium solution partner, digital market communication, IT and business management, customer care system, and outsourcing solutions, as well as solutions for administration and communication between students, teachers, and parents. Softronic AB was founded in 1984 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 20:41|
|End of Day Share Price||2020/02/25 00:00|
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.