Nobina AB (publ), through its subsidiaries, provides public transportation services in Sweden, Norway, Denmark, and Finland.
Fair value with moderate growth potential.
Share Price & News
How has Nobina's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NOBINA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NOBINA exceeded the Swedish Transportation industry which returned -41.7% over the past year.
Return vs Market: NOBINA matched the Swedish Market which returned -11.6% over the past year.
Price Volatility Vs. Market
How volatile is Nobina's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StInvestors Who Bought Nobina (STO:NOBINA) Shares A Year Ago Are Now Down 21%
3 weeks ago | Simply Wall StHow Does Nobina's (STO:NOBINA) P/E Compare To Its Industry, After The Share Price Drop?
3 weeks ago | Simply Wall StDo Investors Have Good Reason To Be Wary Of Nobina AB (publ)'s (STO:NOBINA) 6.3% Dividend Yield?
Is Nobina 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: NOBINA (SEK55.5) is trading below our estimate of fair value (SEK72.36)
Significantly Below Fair Value: NOBINA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NOBINA is poor value based on its PE Ratio (14.7x) compared to the Transportation industry average (8.8x).
PE vs Market: NOBINA is good value based on its PE Ratio (14.7x) compared to the Swedish market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: NOBINA is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: NOBINA is overvalued based on its PB Ratio (3.5x) compared to the XE Transportation industry average (1.2x).
How is Nobina forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOBINA's forecast earnings growth (10.1% per year) is above the savings rate (-0.4%).
Earnings vs Market: NOBINA's earnings (10.1% per year) are forecast to grow faster than the Swedish market (8% per year).
High Growth Earnings: NOBINA's earnings are forecast to grow, but not significantly.
Revenue vs Market: NOBINA's revenue (3.7% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: NOBINA's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOBINA's Return on Equity is forecast to be high in 3 years time (27.6%)
How has Nobina performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOBINA has a high level of non-cash earnings.
Growing Profit Margin: NOBINA's current net profit margins (3.1%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: NOBINA's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: NOBINA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOBINA had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Transportation industry average (0.7%).
Return on Equity
High ROE: Whilst NOBINA's Return on Equity (23.63%) is high, this metric is skewed due to their high level of debt.
How is Nobina's financial position?
Financial Position Analysis
Short Term Liabilities: NOBINA's short term assets (SEK1.3B) do not cover its short term liabilities (SEK2.8B).
Long Term Liabilities: NOBINA's short term assets (SEK1.3B) do not cover its long term liabilities (SEK5.1B).
Debt to Equity History and Analysis
Debt Level: NOBINA's debt to equity ratio (143.5%) is considered high.
Reducing Debt: NOBINA's debt to equity ratio has reduced from 179.6% to 143.5% over the past 5 years.
Debt Coverage: NOBINA's debt is well covered by operating cash flow (70%).
Interest Coverage: NOBINA's interest payments on its debt are well covered by EBIT (4.5x coverage).
Inventory Level: NOBINA has a high level of physical assets or inventory.
Debt Coverage by Assets: NOBINA's debt is not covered by short term assets (assets are 0.6x debt).
What is Nobina's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NOBINA's dividend (6.85%) is higher than the bottom 25% of dividend payers in the Swedish market (2.05%).
High Dividend: NOBINA's dividend (6.85%) is in the top 25% of dividend payers in the Swedish market (6.28%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NOBINA has been paying a dividend for less than 10 years.
Growing Dividend: NOBINA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.9%), NOBINA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NOBINA's dividends in 3 years are forecast to be covered by earnings (88.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ros Rosén (57yo)
Mr. Magnus Rosén, also known as Ros, M.Sc., MBA, has been Chief Executive Officer and President at Nobina AB since June 1, 2017. Mr. Rosén serves as Senior Vice President of Scandinavia of Rakentajain Kone ...
CEO Compensation Analysis
Compensation vs Market: Ros's total compensation ($USD1.11M) is above average for companies of similar size in the Swedish market ($USD662.45K).
Compensation vs Earnings: Ros's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|President & CEO||2.83yrs||kr11.10m||0.046% SEK2.1m|
|Chief Financial Officer||0.50yr||no data||no data|
|Head of Treasury & Investor Relations||no data||no data||no data|
|General Counsel & Chief Compliance Officer||14.25yrs||no data||0.078% SEK3.5m|
|Head of Communications||no data||no data||no data|
|Marketing Director of Business to Business||no data||no data||no data|
|HR Director||1yr||no data||no data|
|Deputy CEO & VP||1.58yrs||no data||0.12% SEK5.6m|
|Managing Director of Nobina Sverige AB||5.42yrs||no data||0.018% SEK832.7k|
|Managing Director of Nobina Danmark A/S||9.25yrs||no data||0.092% SEK4.2m|
Experienced Management: NOBINA's management team is considered experienced (2.8 years average tenure).
|Independent Director||6.92yrs||kr500.00k||0.064% SEK2.9m|
|Independent Director||6.25yrs||kr500.00k||0.040% SEK1.8m|
|Independent Chairman of the Board||15.25yrs||kr900.00k||0.22% SEK10.2m|
|Independent Director||2.92yrs||kr500.00k||no data|
|Independent Director||1.92yrs||kr500.00k||no data|
|Independent Director||2.92yrs||kr500.00k||no data|
|Vice Chairman||0.92yr||no data||no data|
Experienced Board: NOBINA's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NOBINA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nobina AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Nobina AB (publ)
- Ticker: NOBINA
- Exchange: OM
- Founded: 1911
- Industry: Trucking
- Sector: Transportation
- Market Cap: kr4.553b
- Shares outstanding: 86.15m
- Website: https://www.nobina.com
Number of Employees
- Nobina AB (publ)
- Armégatan 38
- Stockholm County
- 171 71
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NOBINA||OM (OMX Nordic Exchange Stockholm)||Ordinary Shares||SE||SEK||No data|
|NOBINA||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Mar 2015|
|NOBINs||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Mar 2015|
|0R8O||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Mar 2015|
|203||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2015|
Nobina AB (publ), through its subsidiaries, provides public transportation services in Sweden, Norway, Denmark, and Finland. The company offers scheduled and express bus services. It has a fleet of approximately 3,600 buses. Nobina AB (publ) was founded in 1911 and is headquartered in Solna, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 23:40|
|End of Day Share Price||2020/04/02 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.