Reported Earnings • Jul 15
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: kr5.97b (down 4.8% from 2Q 2025). Net income: kr240.0m (down 31% from 2Q 2025). Profit margin: 4.0% (down from 5.6% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: kr0.53 (vs kr0.57 in 1Q 2025) First quarter 2026 results: EPS: kr0.53 (down from kr0.57 in 1Q 2025). Revenue: kr5.24b (down 10% from 1Q 2025). Net income: kr170.0m (down 6.1% from 1Q 2025). Profit margin: 3.2% (up from 3.1% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 23
Dometic Group AB (publ) to Report Fiscal Year 2026 Results on Jan 28, 2027 Dometic Group AB (publ) announced that they will report fiscal year 2026 results on Jan 28, 2027 Tillkännagivande • Apr 15
Dometic Group AB (Publ) Announces Board of Directors Elections Dometic Group AB (publ) at the annual shareholders' meeting held on April 14, 2026, approved to elect Tomas Bergendahl and Marcus Hedblom as elected as members of the board of directors for the period up to the end of the 2027 annual shareholders' meeting. Tillkännagivande • Mar 28
Dometic Group Appoints Per Carlsson as Acting Chief Financial Officer, Effective April 7, 2026 Dometic Group AB (publ) has appointed Per Carlsson as Acting Chief Financial Officer (CFO), effective as of April 7, 2026. He will be based in Stockholm and will report to Juan Vargues, President and CEO. Per Carlsson has extensive experience in leading finance functions in global, decentralized organizations and has previously held CFO roles at companies such as Electrolux, Dometic and Camfil.Per Carlsson succeeds Stefan Fristedt, who has previously announced his intention to leave the company. Reported Earnings • Mar 23
Full year 2025 earnings released: EPS: kr1.34 (vs kr7.21 loss in FY 2024) Full year 2025 results: EPS: kr1.34 (up from kr7.21 loss in FY 2024). Revenue: kr21.0b (down 14% from FY 2024). Net income: kr428.0m (up kr2.73b from FY 2024). Profit margin: 2.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to kr27.24, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Auto Components industry in Europe. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr42.29, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Auto Components industry in Europe. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr75.33 per share. Declared Dividend • Jan 30
Dividend reduced to kr0.50 Dividend of kr0.50 is 62% lower than last year. Ex-date: 15th April 2026 Payment date: 21st April 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Jan 29
Full year 2025 earnings released: EPS: kr1.34 (vs kr7.21 loss in FY 2024) Full year 2025 results: EPS: kr1.34 (up from kr7.21 loss in FY 2024). Revenue: kr21.0b (down 14% from FY 2024). Net income: kr428.0m (up kr2.73b from FY 2024). Profit margin: 2.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 28
Dometic Group AB (Publ) Proposes A Dividend for 2025, Payable in April and October, Respectively Board of Directors of Dometic Group AB (publ) proposed a dividend of SEK 1.00 (1.30) per share for 2025, which is to be paid in two installments, SEK 0.50 in April and SEK 0.50 in October. The proposed dividend corresponds to a pay-out ratio of 40%, in line with the Group's policy. Tillkännagivande • Dec 23
Dometic Group AB (publ), Annual General Meeting, Apr 14, 2026 Dometic Group AB (publ), Annual General Meeting, Apr 14, 2026. Tillkännagivande • Nov 01
Dometic Announces Departure of Stefan Fristedt as Chief Financial Officer, Effective At the End of April 2026 Dometic Group AB (publ) announce that Stefan Fristedt, Chief Financial Officer, has decided to leave Dometic Group for another position outside the company. To ensure a smooth transition he will be leaving at the end of April 2026 and the process to find his successor has been initiated. During his time as CFO of Dometic, Stefan Fristedt has been instrumental in driving several strategic initiatives and guiding the company through important phases of growth and transformation. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: kr0.35 (vs kr6.01 loss in 3Q 2024) Third quarter 2025 results: EPS: kr0.35 (up from kr6.01 loss in 3Q 2024). Revenue: kr4.89b (down 14% from 3Q 2024). Net income: kr113.0m (up kr2.03b from 3Q 2024). Profit margin: 2.3% (up from net loss in 3Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. New Risk • Oct 24
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Paying a dividend despite being loss-making. Reported Earnings • Jul 16
Second quarter 2025 earnings released: EPS: kr1.09 (vs kr1.39 in 2Q 2024) Second quarter 2025 results: EPS: kr1.09 (down from kr1.39 in 2Q 2024). Revenue: kr6.27b (down 18% from 2Q 2024). Net income: kr348.0m (down 21% from 2Q 2024). Profit margin: 5.6% (down from 5.8% in 2Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 04
Dometic Introduces Recon Dometic introduced Recon -- a smarter, stackable, modular cooling system designed around real people, vehicles, and adventures to make outdoor setup lighter, colder, and way more dialed in. Recon isn't just another box. It's a system. A rethink. A way to pack smarter, ditch the dead weight, and turn every trip -- from roadside pit stops to multi-day missions -- into an easier, colder ride. Built as a System. Not Just a Box. Most coolers are one-offs. Recon's a system. Hard and soft coolers--plus a full line of accessories--engineered to lock in, stack up, and scale with trip. Every piece fits. Every part pulls its weight. Engineered to stay cold for up to 8 days. Injection-molded and welded for strength--up to 30% lighter than rotomolded; More cans per inch of space; Secure stacking and tie-downs that don't block access; Lid opens both ways -- or pops off completely; And a system that grows with adventures. Recon Hard Coolers: Go lighter, chill longer, and fit where others don't. Injection-molded for strength without the bulk. Need water on demand Add a spigot or faucet cap and turn small cooler into a hydration hub. Three sizes. Zero dead space. 16L Small, 41L Medium, 69L Large. Pick basecamp; Injection-molded construction with up to two inches of performance insulation; Removable lid, with non-skid TPR, opens from either side for easy access; Insulated drain plug attaches above the drain with a magnet; Non-skid feet nest into other Recon lids for secure stacking; Lightweight, flip-down handles with comfortable soft-touch grip; Durable die-cast metal latch catchers double as a bottle opener; Space-efficient lock and tie-down points. Soft Coolers (Recon ZL Series): Lighter, tough, and way more flexible than average softside. 25mm FrostCore insulation locks in the chill. A dual-hinge lid, without zippers, opens with one hand, while magnetic handles and straps carry with ease. New Risk • May 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: kr0.57 (vs kr0.85 in 1Q 2024) First quarter 2025 results: EPS: kr0.57 (down from kr0.85 in 1Q 2024). Revenue: kr5.83b (down 11% from 1Q 2024). Net income: kr181.0m (down 34% from 1Q 2024). Profit margin: 3.1% (down from 4.2% in 1Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 15
Dometic Group AB (Publ) Approves Dividend, Payable on April 24, 2025 Dometic Group AB (publ) announced that at its AGM held on April 15, 2025, resolved on a dividend to the shareholders of SEK 1.30 per share. It was further resolved that the record date for the dividend should be April 17, 2025, which means that the dividend is expected to be distributed by Euroclear Sweden AB on April 24, 2025. Upcoming Dividend • Apr 09
Upcoming dividend of kr1.30 per share Eligible shareholders must have bought the stock before 16 April 2025. Payment date: 24 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (6.4%). In line with average of industry peers (4.3%). Reported Earnings • Mar 24
Full year 2024 earnings released: kr7.21 loss per share (vs kr4.17 profit in FY 2023) Full year 2024 results: kr7.21 loss per share (down from kr4.17 profit in FY 2023). Revenue: kr24.6b (down 11% from FY 2023). Net loss: kr2.30b (down 273% from profit in FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 20
Chief Financial Officer recently bought kr7.9m worth of stock On the 17th of March, Stefan Fristedt bought around 171k shares on-market at roughly kr46.47 per share. This transaction increased Stefan's direct individual holding by 13x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stefan's only on-market trade for the last 12 months. Declared Dividend • Feb 02
Dividend reduced to kr1.30 Dividend of kr1.30 is 32% lower than last year. Ex-date: 16th April 2025 Payment date: 24th April 2025 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (12% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Reported Earnings • Jan 30
Full year 2024 earnings released: kr7.21 loss per share (vs kr4.17 profit in FY 2023) Full year 2024 results: kr7.21 loss per share (down from kr4.17 profit in FY 2023). Revenue: kr24.6b (down 11% from FY 2023). Net loss: kr2.30b (down 273% from profit in FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 30
Dometic Group AB (publ), Annual General Meeting, Apr 15, 2025 Dometic Group AB (publ), Annual General Meeting, Apr 15, 2025. Location: stockholm. Sweden Tillkännagivande • Jan 29
Dometic Group AB (publ) Proposes Dividend for 2024 The Board of Directors of Dometic Group AB (publ) proposed a dividend of SEK 1.30 per share for 2024 against SEK 1.90 per share a year ago, corresponding to 40% of Adjusted earnings per share. Recent Insider Transactions • Dec 18
Independent Chairman recently bought kr2.0m worth of stock On the 13th of December, Ulf Cappelen bought around 37k shares on-market at roughly kr54.97 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ulf has been a buyer over the last 12 months, purchasing a net total of kr10m worth in shares. Recent Insider Transactions • Nov 22
Independent Chairman recently bought kr1.5m worth of stock On the 20th of November, Ulf Cappelen bought around 28k shares on-market at roughly kr52.41 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr2.0m. Ulf has been a buyer over the last 12 months, purchasing a net total of kr5.5m worth in shares. Recent Insider Transactions • Nov 06
Independent Chairman recently bought kr2.0m worth of stock On the 4th of November, Ulf Cappelen bought around 34k shares on-market at roughly kr58.31 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ulf has been a buyer over the last 12 months, purchasing a net total of kr4.0m worth in shares. Recent Insider Transactions • Oct 28
President & CEO recently bought kr963k worth of stock On the 24th of October, Juan Vargues bought around 16k shares on-market at roughly kr58.70 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr994k. Juan has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares. Reported Earnings • Oct 23
Third quarter 2024 earnings released: kr6.01 loss per share (vs kr1.29 profit in 3Q 2023) Third quarter 2024 results: kr6.01 loss per share (down from kr1.29 profit in 3Q 2023). Revenue: kr5.65b (down 17% from 3Q 2023). Net loss: kr1.92b (down kr2.33b from profit in 3Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 18
Dometic Group AB (publ) to Perform Non-Cash Goodwill Impairment for the Third Quarter 2024 Dometic Group AB (publ) to perform non-cash goodwill impairment for the third quarter 2024. For the quarter, company will perform a non-cash goodwill impairment of SEK 2.0 billion, negatively impacting the operating profit (EBIT) for segment Land Vehicles Americas in the third quarter 2024. Tillkännagivande • Sep 27
Dometic Group AB (publ) to Report Q4, 2024 Results on Jan 29, 2025 Dometic Group AB (publ) announced that they will report Q4, 2024 results at 8:00 AM, Central European Standard Time on Jan 29, 2025 Recent Insider Transactions • Sep 22
Independent Chairman recently bought kr994k worth of stock On the 17th of September, Ulf Cappelen bought around 18k shares on-market at roughly kr56.18 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ulf has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: kr1.39 (vs kr1.67 in 2Q 2023) Second quarter 2024 results: EPS: kr1.39 (down from kr1.67 in 2Q 2023). Revenue: kr7.66b (down 8.0% from 2Q 2023). Net income: kr443.0m (down 17% from 2Q 2023). Profit margin: 5.8% (down from 6.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Patrik Frisk was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 26
President & CEO recently bought kr1.0m worth of stock On the 24th of April, Juan Vargues bought around 13k shares on-market at roughly kr78.00 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.3m. Juan has been a buyer over the last 12 months, purchasing a net total of kr1.7m worth in shares. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: kr0.85 (vs kr1.05 in 1Q 2023) First quarter 2024 results: EPS: kr0.85 (down from kr1.05 in 1Q 2023). Revenue: kr6.53b (down 11% from 1Q 2023). Net income: kr273.0m (down 18% from 1Q 2023). Profit margin: 4.2% (down from 4.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 11
Dometic Group AB (publ) Approves Dividend, Payable on April 18, 2024 Dometic Group AB (publ) announced that at its AGM held on April 11, 2024, the annual shareholders' meeting resolved on a dividend to the shareholders of SEK 1.90 per share. It was further resolved that the record date for the dividend should be April 15, 2024, which means that the dividend is expected to be distributed by Euroclear Sweden AB on April 18, 2024. Upcoming Dividend • Apr 05
Upcoming dividend of kr1.90 per share Eligible shareholders must have bought the stock before 12 April 2024. Payment date: 18 April 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (3.4%). Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: kr4.17 (vs kr5.58 in FY 2022) Full year 2023 results: EPS: kr4.17 (down from kr5.58 in FY 2022). Revenue: kr27.8b (down 6.7% from FY 2022). Net income: kr1.33b (down 25% from FY 2022). Profit margin: 4.8% (down from 6.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Mar 18
Executive VP & Group General Counsel recently bought kr241k worth of stock On the 14th of March, Anna Smieszek bought around 3k shares on-market at roughly kr78.30 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.7m more in shares than they have sold in the last 12 months. Tillkännagivande • Mar 07
Dometic Group AB (Publ) Proposes Dividend, Payable on April 18, 2024 Dometic Group AB (publ) at its annual shareholders meeting to be held on April 11, 2024, The board of directors proposed that the annual shareholders' meeting resolves on a dividend of SEK 1.90 per share. The record date for the right to receive dividend is proposed to be April 15, 2024. Subject to resolution by the annual shareholders' meeting in accordance with this proposal, dividend is expected to be distributed by Euroclear Sweden AB on April 18, 2024. Declared Dividend • Feb 04
Dividend increased to kr1.90 Dividend of kr1.90 is 46% higher than last year. Ex-date: 12th April 2024 Payment date: 18th April 2024 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: kr4.17 (vs kr5.58 in FY 2022) Full year 2023 results: EPS: kr4.17 (down from kr5.58 in FY 2022). Revenue: kr27.8b (down 6.7% from FY 2022). Net income: kr1.33b (down 25% from FY 2022). Profit margin: 4.8% (down from 6.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 31
Dometic Group AB (Publ) Proposes Dividend for the Year 2023 The Board of Directors of Dometic Group AB (publ) proposed a dividend of SEK 1.90 per share for 2023 compared to SEK 1.30 per share paid a year ago, corresponding to a payout ratio of 46%. Tillkännagivande • Jan 02
Dometic Group AB (publ) to Report Q4, 2023 Results on Jan 31, 2024 Dometic Group AB (publ) announced that they will report Q4, 2023 results on Jan 31, 2024 Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr68.26, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Auto Components industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr91.06 per share. Recent Insider Transactions • Oct 29
President & CEO recently bought kr748k worth of stock On the 27th of October, Juan Vargues bought around 12k shares on-market at roughly kr64.50 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Juan has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: kr1.29 (vs kr1.37 in 3Q 2022) Third quarter 2023 results: EPS: kr1.29 (down from kr1.37 in 3Q 2022). Revenue: kr6.83b (down 9.8% from 3Q 2022). Net income: kr412.0m (down 5.5% from 3Q 2022). Profit margin: 6.0% (up from 5.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Jul 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 7.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (4.5% net profit margin). Reported Earnings • Jul 19
Second quarter 2023 earnings released: EPS: kr1.67 (vs kr2.59 in 2Q 2022) Second quarter 2023 results: EPS: kr1.67 (down from kr2.59 in 2Q 2022). Revenue: kr8.33b (down 2.0% from 2Q 2022). Net income: kr534.0m (down 35% from 2Q 2022). Profit margin: 6.4% (down from 9.7% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 11
Insider recently sold kr1.0m worth of stock On the 7th of June, Henrik Fagrenius sold around 15k shares on-market at roughly kr67.77 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr6.6m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr69.94, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr99.93 per share. Recent Insider Transactions • Apr 30
President of Region EMEA recently bought kr202k worth of stock On the 27th of April, Henrik Fagrenius bought around 3k shares on-market at roughly kr69.52 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.2m. Insiders have collectively bought kr8.5m more in shares than they have sold in the last 12 months. Upcoming Dividend • Apr 06
Upcoming dividend of kr1.30 per share at 2.2% yield Eligible shareholders must have bought the stock before 13 April 2023. Payment date: 19 April 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.0%). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr62.91, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Auto Components industry in Europe. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr92.28 per share. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: kr5.58 (vs kr5.57 in FY 2021) Full year 2022 results: EPS: kr5.58 (up from kr5.57 in FY 2021). Revenue: kr29.8b (up 38% from FY 2021). Net income: kr1.78b (up 3.4% from FY 2021). Profit margin: 6.0% (down from 8.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 14
President & CEO recently bought kr1.2m worth of stock On the 9th of March, Juan Vargues bought around 20k shares on-market at roughly kr62.29 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Juan has been a buyer over the last 12 months, purchasing a net total of kr4.0m worth in shares. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr75.50, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Auto Components industry in Europe. Total loss to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr102 per share. Recent Insider Transactions • Feb 02
Independent Chairman recently bought kr992k worth of stock On the 27th of January, Ulf Cappelen bought around 16k shares on-market at roughly kr63.97 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ulf has been a buyer over the last 12 months, purchasing a net total of kr1.5m worth in shares. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: kr5.58 (vs kr5.57 in FY 2021) Full year 2022 results: EPS: kr5.58 (up from kr5.57 in FY 2021). Revenue: kr29.8b (up 38% from FY 2021). Net income: kr1.78b (up 3.4% from FY 2021). Profit margin: 6.0% (down from 8.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 27
Dometic Group AB (publ) Proposes Dividend for 2022 The Board of Directors of Dometic Group AB (publ) proposed a dividend of SEK 1.30 (2.45) per share for 2022. Buying Opportunity • Dec 07
Now 25% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be kr95.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Mengmeng Du was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 18% share price gain to kr71.04, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Auto Components industry in Europe. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr106 per share. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr1.37 (vs kr1.50 in 3Q 2021) Third quarter 2022 results: EPS: kr1.37 (down from kr1.50 in 3Q 2021). Revenue: kr7.58b (up 37% from 3Q 2021). Net income: kr436.0m (down 9.2% from 3Q 2021). Profit margin: 5.8% (down from 8.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr51.11, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Auto Components industry in Europe. Total loss to shareholders of 32% over the past three years. Tillkännagivande • Sep 13
Dometic Group AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023 Dometic Group AB (publ) announced that they will report fiscal year 2022 results on Jan 27, 2023 Reported Earnings • Jul 16
Second quarter 2022 earnings released: EPS: kr2.59 (vs kr1.85 in 2Q 2021) Second quarter 2022 results: EPS: kr2.59 (up from kr1.85 in 2Q 2021). Revenue: kr8.50b (up 53% from 2Q 2021). Net income: kr827.0m (up 48% from 2Q 2021). Profit margin: 9.7% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 5.7%, compared to a 102% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 16% share price gain to kr70.19, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Auto Components industry in Europe. Total loss to shareholders of 18% over the past three years. Recent Insider Transactions • Jun 05
Independent Director recently bought kr113k worth of stock On the 1st of June, Mengmeng Du bought around 2k shares on-market at roughly kr75.42 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.8m. Insiders have collectively bought kr8.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 04
President & CEO recently bought kr985k worth of stock On the 2nd of May, Juan Vargues bought around 12k shares on-market at roughly kr80.82 per share. This was the largest purchase by an insider in the last 3 months. This was Juan's only on-market trade for the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: kr1.55 (vs kr1.66 in 1Q 2021) First quarter 2022 results: EPS: kr1.55. Revenue: kr7.52b (up 55% from 1Q 2021). Net income: kr494.0m (flat on 1Q 2021). Profit margin: 6.6% (down from 10% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 118% growth forecast for the industry in the United Kingdom. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Mengmeng Du was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 07
Upcoming dividend of kr2.45 per share Eligible shareholders must have bought the stock before 14 April 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 44% and the cash payout ratio is 92%. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (3.6%). Recent Insider Transactions • Mar 28
Executive VP & Head of Group Operations recently bought kr100k worth of stock On the 25th of March, Eva Karlsson bought around 1k shares on-market at roughly kr75.52 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr972k. Eva has been a buyer over the last 12 months, purchasing a net total of kr1.8m worth in shares. Recent Insider Transactions • Mar 13
President of APAC recently bought kr407k worth of stock On the 11th of March, Chialing Hsueh bought around 5k shares on-market at roughly kr81.31 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr972k. Insiders have collectively bought kr5.5m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 27
Executive VP & Group General Counsel recently bought kr56k worth of stock On the 25th of February, Anna Smieszek bought around 627 shares on-market at roughly kr88.96 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr972k. Insiders have collectively bought kr5.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 09
President of Region EMEA recently bought kr972k worth of stock On the 8th of February, Henrik Fagrenius bought around 10k shares on-market at roughly kr97.20 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr5.0m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 30
Executive VP & Head of Group Operations recently bought kr500k worth of stock On the 27th of January, Eva Karlsson bought around 5k shares on-market at roughly kr104 per share. This was the largest purchase by an insider in the last 3 months. Eva has been a buyer over the last 12 months, purchasing a net total of kr1.7m worth in shares. Reported Earnings • Jan 28
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr5.58 (up from kr1.53 in FY 2020). Revenue: kr21.5b (up 33% from FY 2020). Net income: kr1.73b (up 283% from FY 2020). Profit margin: 8.0% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 27%, compared to a 80% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Recent Insider Transactions • Dec 22
CFO & Executive VP recently bought kr497k worth of stock On the 17th of December, Stefan Fristedt bought around 4k shares on-market at roughly kr113 per share. This was the largest purchase by an insider in the last 3 months. This was Stefan's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 04
Executive VP & Head of Group Operations recently bought kr75k worth of stock On the 2nd of December, Eva Karlsson bought around 605 shares on-market at roughly kr125 per share. In the last 3 months, they made an even bigger purchase worth kr190k. Eva has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares. 
