OM:BELE

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Beijer Electronics Group

Executive Summary

Beijer Electronics Group AB (publ), together with its subsidiaries, provides digital industrial Internet of things (IIoT) solutions integrating services, software, and hardware in Sweden, Norway, Denmark, Finland, Germany, the United Kingdom, France, Turkey, rest of Europe, the United States, China, Taiwan, rest of Asia, and internationally. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Beijer Electronics Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BELE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-15.9%

BELE

-4.6%

SE Electronic

-6.1%

SE Market


1 Year Return

-30.9%

BELE

29.8%

SE Electronic

6.9%

SE Market

Return vs Industry: BELE underperformed the Swedish Electronic industry which returned 33.9% over the past year.

Return vs Market: BELE underperformed the Swedish Market which returned 9.8% over the past year.


Shareholder returns

BELEIndustryMarket
7 Day-15.9%-4.6%-6.1%
30 Day-25.5%-7.4%-6.6%
90 Day-9.6%11.7%1.6%
1 Year-30.9%-30.9%30.1%29.8%8.9%6.9%
3 Year7.7%6.8%55.3%50.5%22.5%9.3%
5 Year-23.3%-35.4%72.4%61.7%46.4%17.9%

Price Volatility Vs. Market

How volatile is Beijer Electronics Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Beijer Electronics Group undervalued compared to its fair value and its price relative to the market?

30.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BELE (SEK33.5) is trading below our estimate of fair value (SEK68.75)

Significantly Below Fair Value: BELE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BELE is good value based on its PE Ratio (26.7x) compared to the SE Electronic industry average (27.3x).

PE vs Market: BELE is poor value based on its PE Ratio (26.7x) compared to the Swedish market (21.6x).


Price to Earnings Growth Ratio

PEG Ratio: BELE is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: BELE is good value based on its PB Ratio (1.4x) compared to the SE Electronic industry average (3.6x).


Next Steps

Future Growth

How is Beijer Electronics Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

63.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BELE's forecast earnings growth (63.7% per year) is above the savings rate (0.5%).

Earnings vs Market: BELE's earnings (63.7% per year) are forecast to grow faster than the Swedish market (12.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BELE's revenue (8.4% per year) is forecast to grow faster than the Swedish market (3.1% per year).

High Growth Revenue: BELE's revenue (8.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BELE's Return on Equity is forecast to be low in 3 years time (15.7%).


Next Steps

Past Performance

How has Beijer Electronics Group performed over the past 5 years?

46.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BELE has high quality earnings.

Growing Profit Margin: BELE's current net profit margins (1.2%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: BELE's earnings have grown significantly by 46.5% per year over the past 5 years.

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

Earnings vs Industry: BELE had negative earnings growth (-71.5%) over the past year, making it difficult to compare to the Electronic industry average (-2.9%).


Return on Equity

High ROE: BELE's Return on Equity (2.6%) is considered low.


Next Steps

Financial Health

How is Beijer Electronics Group's financial position?


Financial Position Analysis

Short Term Liabilities: BELE's short term assets (SEK654.9M) exceed its short term liabilities (SEK465.7M).

Long Term Liabilities: BELE's short term assets (SEK654.9M) do not cover its long term liabilities (SEK837.4M).


Debt to Equity History and Analysis

Debt Level: BELE is debt free.

Reducing Debt: BELE has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.

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

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


Balance Sheet


Next Steps

Dividend

What is Beijer Electronics Group current dividend yield, its reliability and sustainability?

1.44%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BELE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BELE'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 BELE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BELE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BELE is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BELE'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?

4.8yrs

Average management tenure


CEO

Per Samuelsson (63 yo)

5.17yrs

Tenure

Mr. Per Samuelsson has been the Chief Executive Officer and President of Beijer Electronics Group AB (publ) (formerly known as Beijer Electronics AB) since August 17, 2015. Mr. Samuelsson has for 16 years ...


Leadership Team

NamePositionTenureCompensationOwnership
Per Samuelsson
President & CEO 5.17yrsno data0.18%
SEK 1.8m
Joakim Laurén
Executive VP & CFO4.75yrsno data0.062%
SEK 619.7k
Tim Webster
Senior Vice President of Human Resourcesno datano data0.025%
SEK 245.6k
Stefan Lager
Chief Executive Officer of the Beijer Electronics Business Entityno datano data0.074%
SEK 733.8k
Jenny Sjodahl
Chief Executive Officer of Business Entity Westermono datano data0.057%
SEK 570.3k
Wesley Chen
Chief Executive Officer of Korenix Business Unit3.75yrsno data0.030%
SEK 294.9k

4.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: BELE's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ulrika Hagdahl
Independent Director14.75yrskr275.00k0.19%
SEK 1.8m
Bo Elisson
Independent Chairman of the Board3.5yrskr550.00k0.26%
SEK 2.6m
Johan Wester
Director5.5yrskr255.00k0.068%
SEK 675.8k
Karin Gunnarsson
Independent Director2.5yrskr255.00k0.029%
SEK 286.8k
Lars Eklöf
Independent Director2.5yrskr255.00k0.0082%
SEK 81.9k

3.5yrs

Average Tenure

58yo

Average Age

Experienced Board: BELE's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BELE 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

Beijer Electronics Group AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beijer Electronics Group AB (publ)
  • Ticker: BELE
  • Exchange: OM
  • Founded: 1981
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr993.364m
  • Shares outstanding: 28.63m
  • Website: https://www07.beijerelectronics.com

Number of Employees


Location

  • Beijer Electronics Group AB (publ)
  • Stora Varvsgatan 13a
  • Box 426
  • Malmö
  • Skåne County
  • 201 24
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BELEOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKJun 2000
0GT8LSE (London Stock Exchange)YesOrdinary SharesGBSEKJun 2000
BJRR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2000
BELESBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBSEKJun 2000

Biography

Beijer Electronics Group AB (publ), together with its subsidiaries, provides digital industrial Internet of things (IIoT) solutions integrating services, software, and hardware in Sweden, Norway, Denmark, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 21:02
End of Day Share Price2020/10/29 00:00
Earnings2020/09/30
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.