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DistIT

OM:DIST
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DIST
OM
SEK606M
Market Cap
  1. Home
  2. SE
  3. Tech
Company description

DistIT AB (publ) sells accessories for IT, mobility, home electronics, network, and data communications in the Nordic and Baltic countries. The last earnings update was 28 days ago. More info.


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DIST Share Price and Events
7 Day Returns
0.6%
OM:DIST
0.7%
SE Electronic
1.2%
SE Market
1 Year Returns
27.4%
OM:DIST
1.9%
SE Electronic
-1%
SE Market
DIST Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DistIT (DIST) 0.6% 13.3% 20.8% 27.4% -5.6% 48%
SE Electronic 0.7% -5.4% -0.3% 1.9% 20.5% 111.6%
SE Market 1.2% -2.4% 1.9% -1% 13% 17.5%
1 Year Return vs Industry and Market
  • DIST outperformed the Electronic industry which returned 1.9% over the past year.
  • DIST outperformed the Market in Sweden which returned -1% over the past year.
Price Volatility
DIST
Industry
5yr Volatility vs Market
Related Companies

Value

 Is DistIT undervalued based on future cash flows and its price relative to the stock market?

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 DistIT 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for DistIT.

OM:DIST Discounted Cash Flow Data Sources
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 8.4%
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.

Calculation of Discount Rate/ Cost of Equity for OM:DIST
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 22%) (55.97%))
1.337
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.34
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (1.337 * 5.96%)
8.4%

Discounted Cash Flow Calculation for OM:DIST using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for DistIT 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.

OM:DIST DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 8.4%)
2019 154.00 Analyst x1 142.07
2020 52.00 Analyst x1 44.25
2021 66.00 Analyst x1 51.81
2022 56.00 Est @ -15.15% 40.56
2023 50.14 Est @ -10.47% 33.50
2024 46.53 Est @ -7.2% 28.68
2025 44.24 Est @ -4.91% 25.16
2026 42.78 Est @ -3.31% 22.44
2027 41.85 Est @ -2.18% 20.25
2028 41.26 Est @ -1.4% 18.42
Present value of next 10 years cash flows SEK427.13
OM:DIST DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK41.26 × (1 + 0.43%) ÷ (8.4% – 0.43%)
SEK520.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK520.22 ÷ (1 + 8.4%)10
SEK232.21
OM:DIST Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK427.13 + SEK232.21
SEK659.34
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK659.34 / 12.28
SEK53.68
OM:DIST Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK53.68
Current discount Discount to share price of SEK49.30
= -1 x (SEK49.30 - SEK53.68) / SEK53.68
8.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price DistIT is available for.
Intrinsic value
8%
Share price is SEK49.3 vs Future cash flow value of SEK53.68
Current Discount Checks
For DistIT to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • DistIT's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • DistIT'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 DistIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DistIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:DIST PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SEK SEK3.06
OM:DIST Share Price ** OM (2019-05-22) in SEK SEK49.3
Sweden Electronic Industry PE Ratio Median Figure of 18 Publicly-Listed Electronic Companies 22.67x
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 DistIT.

OM:DIST PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:DIST Share Price ÷ EPS (both in SEK)

= 49.3 ÷ 3.06

16.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DistIT is good value based on earnings compared to the SE Electronic industry average.
  • DistIT is good value based on earnings compared to the Sweden market.
Price based on expected Growth
Does DistIT's expected growth come at a high price?
Raw Data
OM:DIST PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
10.2%per year
Sweden Electronic Industry PEG Ratio Median Figure of 15 Publicly-Listed Electronic Companies 1.72x
Sweden Market PEG Ratio Median Figure of 235 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

OM:DIST PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.1x ÷ 10.2%

1.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DistIT is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on DistIT's assets?
Raw Data
OM:DIST PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SEK SEK29.95
OM:DIST Share Price * OM (2019-05-22) in SEK SEK49.3
Sweden Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 2.7x
Sweden Market PB Ratio Median Figure of 568 Publicly-Listed Companies 2.46x
OM:DIST PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:DIST Share Price ÷ Book Value per Share (both in SEK)

= 49.3 ÷ 29.95

1.65x

* Primary Listing of DistIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DistIT is good value based on assets compared to the SE Electronic industry average.
X
Value checks
We assess DistIT's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. DistIT has a total score of 3/6, 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

 How is DistIT expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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!
Annual Growth Rate
10.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DistIT expected to grow at an attractive rate?
  • DistIT's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
  • DistIT's earnings growth is expected to exceed the Sweden market average.
  • DistIT's revenue growth is positive but not above the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:DIST Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:DIST Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 10.2%
OM:DIST Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.5%
Sweden Electronic Industry Earnings Growth Rate Market Cap Weighted Average 11%
Sweden Electronic Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
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
Raw Data
OM:DIST Analysts Growth Expectations Data Sources
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 numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:DIST Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,605 79 73 1
2020-12-31 2,524 65 68 1
2019-12-31 2,438 117 98 1
OM:DIST Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-03-31 2,363 93 38
2018-12-31 2,272 70 40
2018-09-30 2,153 11 40
2018-06-30 1,997 -10 35
2018-03-31 1,850 35 32
2017-12-31 1,776 11 36
2017-09-30 1,671 -9 32
2017-06-30 1,648 -18 30
2017-03-31 1,619 -26 34
2016-12-31 1,542 -46 30
2016-09-30 1,453 22 25
2016-06-30 1,384 25 25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • DistIT's earnings are expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).
  • DistIT's revenue is expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:DIST 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 DistIT Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:DIST Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 5.97 5.97 5.97 1.00
2020-12-31 5.52 5.52 5.52 1.00
2019-12-31 7.97 7.97 7.97 1.00
OM:DIST Past Financials Data
Date (Data in SEK Millions) EPS *
2019-03-31 3.06
2018-12-31 3.27
2018-09-30 3.25
2018-06-30 2.84
2018-03-31 2.58
2017-12-31 2.97
2017-09-30 2.63
2017-06-30 2.45
2017-03-31 2.78
2016-12-31 2.45
2016-09-30 2.08
2016-06-30 2.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • DistIT is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess DistIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DistIT has a total score of 2/6, 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 DistIT 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
Below we compare DistIT's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DistIT's year on year earnings growth rate has been positive over the past 5 years.
  • DistIT's 1-year earnings growth exceeds its 5-year average (18.7% vs 9.3%)
  • DistIT's earnings growth has not exceeded the SE Electronic industry average in the past year (18.7% vs 19.6%).
Earnings and Revenue History
DistIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DistIT Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:DIST Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,362.90 37.60
2018-12-31 2,272.10 40.20
2018-09-30 2,153.47 39.88 337.07
2018-06-30 1,997.27 34.88 337.07
2018-03-31 1,850.17 31.68 337.07
2017-12-31 1,776.47 36.48 337.07
2017-09-30 1,670.55 32.33 298.64
2017-06-30 1,647.85 30.03 298.64
2017-03-31 1,618.95 34.13 298.64
2016-12-31 1,542.25 30.13 298.64
2016-09-30 1,453.34 25.49 247.08
2016-06-30 1,384.14 25.29 247.08
2016-03-31 1,327.24 22.69 247.08
2015-12-31 1,294.44 17.69 247.08
2015-09-30 1,315.56 15.38 282.08
2015-06-30 1,334.16 19.28 282.08
2015-03-31 1,363.16 27.48 282.08
2014-12-31 1,389.86 40.78 282.08
2014-09-30 1,289.23 35.40 242.85
2014-06-30 1,207.03 27.30 242.85
2014-03-31 1,166.83 19.90 242.85
2013-12-31 1,021.33 13.10 242.85
2013-09-30 866.53 7.93 95.56
2013-06-30 707.33 6.73 95.56
2013-03-31 543.33 6.33 95.56
2012-12-31 494.43 4.43 95.56
2012-09-30 436.04 8.48 78.68
2012-06-30 436.44 9.88 78.68

*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.
  • DistIT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • DistIT used its assets less efficiently than the SE Electronic industry average last year based on Return on Assets.
  • DistIT's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess DistIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DistIT 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 DistIT'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 DistIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DistIT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DistIT's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of DistIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.8x 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.
Raw Data

All data from DistIT Company Filings, last reported 1 month ago.

OM:DIST Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 378.40 338.90 113.30
2018-12-31 374.80 411.10 177.80
2018-09-30 352.30 381.20 96.40
2018-06-30 338.60 403.80 86.10
2018-03-31 363.10 287.10 74.90
2017-12-31 354.61 304.88 76.94
2017-09-30 332.40 287.90 74.30
2017-06-30 321.10 306.10 79.80
2017-03-31 357.90 264.80 76.30
2016-12-31 348.11 252.31 95.35
2016-09-30 331.40 250.10 101.90
2016-06-30 225.80 249.60 113.90
2016-03-31 232.50 292.70 65.10
2015-12-31 221.23 266.48 66.41
2015-09-30 235.30 237.90 32.20
2015-06-30 220.40 237.80 33.20
2015-03-31 235.40 204.90 34.70
2014-12-31 229.17 210.31 58.71
2014-09-30 215.50 219.00 29.60
2014-06-30 204.70 214.30 36.80
2014-03-31 189.00 195.00 28.40
2013-12-31 176.53 178.87 36.74
2013-09-30 176.60 167.40 23.60
2013-06-30 174.50 201.10 31.20
2013-03-31 180.70 66.50 48.60
2012-12-31 174.74 76.47 48.16
2012-09-30 173.10 41.50 28.10
2012-06-30 171.70 42.80 21.70
  • DistIT's level of debt (89.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (103.2% vs 89.6% today).
  • Debt is well covered by operating cash flow (27.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).
X
Financial health checks
We assess DistIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DistIT has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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 DistIT'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
Dividend payments
2.03%
Current annual income from DistIT dividends. Estimated to be 4.33% next year.
If you bought SEK2,000 of DistIT shares you are expected to receive SEK41 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • DistIT's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.8%).
  • DistIT'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.
Raw Data
OM:DIST Annualized Past and Future Dividends
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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 1.3%
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.

OM:DIST Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.20 1.00
2020-12-31 2.20 1.00
2019-12-31 2.00 1.00
OM:DIST Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-02-22 1.000 2.230
2018-10-26 0.000 0.000
2018-08-17 0.000 0.000
2018-04-24 0.000 0.000
2018-04-04 0.000 0.000
2018-02-22 0.000 0.000
2017-04-06 1.750 3.461
2016-04-28 1.600 3.114
2016-02-19 1.600 3.391
2015-05-07 1.500 3.656
2015-02-18 1.500 3.549
2014-03-26 1.200 3.587
2014-02-20 1.200 4.069
2013-04-03 1.200 5.017
2013-02-15 1.200 6.411
2012-04-04 1.000 6.416
2012-02-23 1.000 6.344

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DistIT has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • DistIT has only been paying a dividend for 7 years, and since then there has been no growth.
Current Payout to shareholders
What portion of DistIT's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess DistIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DistIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DistIT has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of DistIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Siamak Alian
COMPENSATION SEK4,539,000
AGE 57
TENURE AS CEO 8.2 years
CEO Bio

Mr. Siamak Alian serves as Chief Executive Officer at DistIT AB. since March 7, 2011. Mr. served as Chief Executive Officer of Swedeltaco Ab at DistIT AB. Mr. Alian served as President of SweDeltaco. He served as Managing Director at DistIT AB. He has longstanding experience in the industry. He has a university degree in physics.

CEO Compensation
  • Siamak's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Siamak's remuneration is higher than average for companies of similar size in Sweden.
Management Team Tenure

Average tenure and age of the DistIT management team in years:

17.3
Average Tenure
57
Average Age
  • The average tenure for the DistIT management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Arne Myhrman

TITLE
Executive Chairperson of the Board
AGE
64

Siamak Alian

TITLE
Chief Executive Officer
COMPENSATION
SEK5M
AGE
57
TENURE
8.2 yrs

Ove Ewaldsson

TITLE
Chief Financial Officer
AGE
58

Erik Näsman

TITLE
President of Network Innovation
AGE
52

Ali Motazedi

TITLE
Chief Executive Officer of SweDeltaco AB
COMPENSATION
SEK2M
AGE
57

Pierre Fhors

TITLE
Managing Director of Alcadon AB
COMPENSATION
SEK3M
AGE
55
TENURE
17.3 yrs

Henrik Finnedal

TITLE
Managing Director of Aurora Group Danmark A/S
COMPENSATION
SEK979K
AGE
48

Paul Svensson

TITLE
Purchasing Manager of Alcadon AB
COMPENSATION
SEK803K
AGE
62
TENURE
26.3 yrs

Bent Madsen

TITLE
Purchasing Manager of Aurora Group Danmark A/S
COMPENSATION
SEK802K
AGE
40
Board of Directors Tenure

Average tenure and age of the DistIT board of directors in years:

7.3
Average Tenure
56
Average Age
  • The tenure for the DistIT board of directors is about average.
Board of Directors

Arne Myhrman

TITLE
Executive Chairperson of the Board
AGE
64
TENURE
8.3 yrs

Jonas Mårtensson

TITLE
Vice-Chairperson
AGE
55
TENURE
4.3 yrs

Charlotte Hansson

TITLE
Director
AGE
56
TENURE
7.3 yrs

Björn Abild

TITLE
Director
COMPENSATION
SEK47K
AGE
63
TENURE
8.3 yrs

Christina Åqvist

TITLE
Director
COMPENSATION
SEK47K
AGE
40
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by DistIT insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
26. Apr 19 Buy Charlotte Hansson Individual 26. Apr 19 26. Apr 19 794 SEK40.25 SEK31,958
25. Apr 19 Buy Charlotte Hansson Individual 25. Apr 19 25. Apr 19 2,706 SEK41.26 SEK111,650
25. Apr 19 Buy Athanese Industrial Partners Ltd. Company 25. Apr 19 25. Apr 19 200,000 SEK39.50 SEK7,900,000
22. Feb 19 Buy Athanese Industrial Partners Ltd. Company 22. Feb 19 22. Feb 19 58,232 SEK39.50 SEK2,300,164
29. Dec 18 Buy Athanese Industrial Partners Ltd. Company 28. Dec 18 28. Dec 18 614 SEK34.47 SEK21,165
29. Dec 18 Buy Stefan Charette Individual 28. Dec 18 28. Dec 18 1,000 SEK35.49 SEK35,490
25. Sep 18 Buy Athanese Industrial Partners Ltd. Company 25. Sep 18 25. Sep 18 100,000 SEK36.00 SEK3,600,000
29. Jun 18 Buy Athanese Industrial Partners Ltd. Company 29. Jun 18 29. Jun 18 29,082 SEK35.00 SEK1,017,870
28. Jun 18 Buy Stefan Charette Individual 28. Jun 18 28. Jun 18 2,000 SEK35.80 SEK71,600
27. Jun 18 Buy Athanese Industrial Partners Ltd. Company 27. Jun 18 27. Jun 18 50,000 SEK35.00 SEK1,750,000
12. Jun 18 Buy Athanese Industrial Partners Ltd. Company 12. Jun 18 12. Jun 18 100,000 SEK37.50 SEK3,750,000
05. Jun 18 Sell Arne Myhrman Individual 04. Jun 18 04. Jun 18 -5,000 SEK38.00 SEK-190,000
31. May 18 Sell Arne Myhrman Individual 30. May 18 30. May 18 -5,000 SEK38.20 SEK-190,536
X
Management checks
We assess DistIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DistIT 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

What You Should Know About DistIT AB (publ)'s (STO:DIST) Financial Strength

With this growth in debt, the current cash and short-term investment levels stands at kr113m to keep the business going. … On top of this, DIST has produced kr93m in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 28%, meaning that DIST’s current level of operating cash is high enough to cover debt. … Next Steps: DIST’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Can You Imagine How DistIT's (STO:DIST) Shareholders Feel About The 39% Share Price Increase?

To wit, the DistIT share price has climbed 39% in five years, easily topping the market return of 18% (ignoring dividends). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return.

Simply Wall St -

How Much Are DistIT AB (publ) (STO:DIST) Insiders Taking Off The Table?

The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. … So before you buy or sell DistIT AB (publ) (STO:DIST), you may well want to know whether insiders have been buying or selling. … For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'.

Simply Wall St -

Do Insiders Own Shares In DistIT AB (publ) (STO:DIST)?

A look at the shareholders of DistIT AB (publ) (STO:DIST) can tell us which group is most powerful. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … DistIT is a smaller company with a market capitalization of kr539m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Read This Before You Buy DistIT AB (publ) (STO:DIST) Because Of Its P/E Ratio

We'll look at DistIT AB (publ)'s (STO:DIST) P/E ratio and reflect on what it tells us about the company's share price. … Looking at earnings over the last twelve months, DistIT has a P/E ratio of 13.47. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Should DistIT AB (publ) (STO:DIST) Be Part Of Your Dividend Portfolio?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Historically, DistIT AB (publ) (STO:DIST) has paid a dividend to shareholders. … How I analyze a dividend stock

Simply Wall St -

Why You Should Care About DistIT AB (publ)’s (STO:DIST) Low Return On Capital

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Where DistIT AB (publ) (STO:DIST) Stands In Terms Of Earnings Growth Against Its Industry

When DistIT AB (publ) (STO:DIST) announced its most recent earnings (31 December 2018), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … DIST's trailing twelve-month earnings (from 31 December 2018) of kr40m has? … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 11%, indicating the rate at which DIST is growing has slowed down

Simply Wall St -

DistIT AB (publ) (STO:DIST): The Best Of Both Worlds

DistIT AB (publ) (STO:DIST) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … In the case of DIST, it

Simply Wall St -

Should We Be Cautious About DistIT AB (publ)'s (STO:DIST) ROE Of 13%?

We'll use ROE to examine DistIT AB (publ) (STO:DIST), by way of a worked example. … Another way to think of that is that for every SEK1 worth of equity in the company, it was able to earn SEK0.13. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Description

DistIT AB (publ) sells accessories for IT, mobility, home electronics, network, and data communications in the Nordic and Baltic countries. It sells its products through a network of home electronics chains, discount stores, retailers, grocery stores, telecom, e-commerce, consultants, and office warehouse channels for corporate customers and consumers. The company was formerly known as Deltaco AB. DistIT AB (publ) was founded in 1991 and is based in Tullinge, Sweden.

Details
Name: DistIT AB (publ)
DIST
Exchange: OM
Founded: 1991
SEK605,500,677
12,281,961
Website: http://www.distit.se
Address: DistIT AB (publ)
Alfred Nobels allé 109,
Tullinge,
Stockholm County, 146 48,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM DIST Common Shares OMX Nordic Exchange Stockholm SE SEK 19. Apr 2011
Number of employees
Current staff
Staff numbers
0
DistIT employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 00:12
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/04/29
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.