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Byggma

BATS-CHIXE:BMAO
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BMAO
BATS-CHIXE
NOK604M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Byggma ASA manufactures and supplies building materials to builders and retailers in the Nordic countries. The last earnings update was 40 days ago. More info.


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BMAO Share Price and Events
7 Day Returns
0%
BATS-CHIXE:BMAO
-1.6%
GB Building
0.1%
GB Market
1 Year Returns
-13.3%
BATS-CHIXE:BMAO
-10.8%
GB Building
-23.6%
GB Market
BMAO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Byggma (BMAO) 0% -10.4% -11.9% -13.3% - -
GB Building -1.6% -19.3% -26.3% -10.8% -22.8% -0.7%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • BMAO underperformed the Building industry which returned -10.8% over the past year.
  • BMAO outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
BMAO
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Byggma's competitors could be found in our database.

Value

 Is Byggma 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 Byggma 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 Byggma.

BATS-CHIXE:BMAO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in NOK NOK 1.000000
Payout Ratio Company Filings (2019-12-31) 1639.1%
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:BMAO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Building Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.081 (1 + (1- 23%) (83.44%))
1.397
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.4
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.397 * 5.44%)
8.13%

Discounted Cash Flow Calculation for BATS-CHIXE:BMAO using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Byggma is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BATS-CHIXE:BMAO Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= NOK1 / (8.13% - 0.53%)
NOK11.68
BATS-CHIXE:BMAO Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:BMAO represents 0.9422x of OB:BMA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.9422x
Value per Share
(Listing Adjusted, NOK)
= Value per Share (NOK) x Listing Adjustment Factor
= NOK 13.16 x 0.9422
NOK12.40
Value per share (NOK) From above. NOK12.40
Current discount Discount to share price of NOK81.50
= -1 x (NOK81.50 - NOK12.40) / NOK12.40
-557.5%

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

  • The current share price of Byggma is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Byggma's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Byggma's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:BMAO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in NOK NOK6.97
OB:BMA Share Price ** OB (2020-03-11) in NOK NOK86.5
United Kingdom of Great Britain and Northern Ireland Building Industry PE Ratio Median Figure of 10 Publicly-Listed Building Companies 10.55x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Byggma.

BATS-CHIXE:BMAO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:BMA Share Price ÷ EPS (both in NOK)

= 86.5 ÷ 6.97

12.41x

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

  • Byggma is overvalued based on earnings compared to the GB Building industry average.
  • Byggma is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Byggma's expected growth come at a high price?
Raw Data
BATS-CHIXE:BMAO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Building Industry PEG Ratio Median Figure of 7 Publicly-Listed Building Companies 0.43x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Byggma, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Byggma's assets?
Raw Data
BATS-CHIXE:BMAO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in NOK NOK123.36
OB:BMA Share Price * OB (2020-03-11) in NOK NOK86.5
United Kingdom of Great Britain and Northern Ireland Building Industry PB Ratio Median Figure of 12 Publicly-Listed Building Companies 0.95x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:BMAO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:BMA Share Price ÷ Book Value per Share (both in NOK)

= 86.5 ÷ 123.36

0.7x

* Primary Listing of Byggma.

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

  • Byggma is good value based on assets compared to the GB Building industry average.
X
Value checks
We assess Byggma'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 Building 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 Building industry average (and greater than 0)? (1 check)
  5. Byggma has a total score of 2/6, 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 Byggma expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Byggma has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
12.7%
Expected Building industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Byggma expected to grow at an attractive rate?
  • Unable to compare Byggma's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Byggma's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Byggma's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:BMAO Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Building Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Building Industry Revenue Growth Rate Market Cap Weighted Average 2%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:BMAO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:BMAO Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-12-31 1,807 80 49
2019-09-30 1,811 50 62
2019-06-30 1,791 73 60
2019-03-31 1,776 68 67
2018-12-31 1,678 53 47
2018-09-30 1,630 108 41
2018-06-30 1,617 97 49
2018-03-31 1,607 149 56
2017-12-31 1,637 181 64
2017-09-30 1,600 141 71
2017-06-30 1,567 100 62
2017-03-31 1,557 70 70

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Byggma is high growth as no earnings estimate data is available.
  • Unable to determine if Byggma is high growth as no revenue estimate data is available.
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
BATS-CHIXE:BMAO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Byggma Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:BMAO Past Financials Data
Date (Data in NOK Millions) EPS *
2019-12-31 6.97
2019-09-30 8.77
2019-06-30 8.51
2019-03-31 9.45
2018-12-31 6.58
2018-09-30 5.77
2018-06-30 6.90
2018-03-31 7.89
2017-12-31 8.99
2017-09-30 9.88
2017-06-30 8.61
2017-03-31 9.80

*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.
  • Unable to establish if Byggma will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Byggma's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Byggma's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Byggma'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Byggma has a total score of 0/6, 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 Byggma 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 Byggma's growth in the last year to its industry (Building).
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.
  • Byggma's year on year earnings growth rate has been positive over the past 5 years.
  • Byggma's 1-year earnings growth is less than its 5-year average (4.5% vs 16.2%)
  • Byggma's earnings growth has exceeded the GB Building industry average in the past year (4.5% vs 2.5%).
Earnings and Revenue History
Byggma'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 Byggma Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:BMAO Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,806.80 48.90 661.50
2019-09-30 1,811.29 61.99 689.64
2019-06-30 1,790.99 60.19 678.14
2019-03-31 1,775.59 66.99 672.84
2018-12-31 1,677.69 46.79 651.34
2018-09-30 1,629.89 41.19 632.41
2018-06-30 1,616.69 49.29 628.71
2018-03-31 1,606.89 56.49 619.71
2017-12-31 1,636.99 64.39 621.01
2017-09-30 1,600.45 70.74 607.69
2017-06-30 1,567.15 61.74 606.49
2017-03-31 1,557.15 70.24 598.59
2016-12-31 1,531.15 63.74 589.19
2016-09-30 1,518.68 47.54 584.30
2016-06-30 1,505.68 43.94 570.30
2016-03-31 1,467.88 42.84 553.50
2015-12-31 1,453.48 45.44 545.80
2015-09-30 1,418.26 33.68 522.02
2015-06-30 1,391.66 36.98 511.42
2015-03-31 1,364.16 -3.72 513.62
2014-12-31 1,342.06 3.38 503.32
2014-09-30 1,438.41 21.75 525.48
2014-06-30 1,517.61 14.85 546.88
2014-03-31 1,622.71 46.85 573.38
2013-12-31 1,710.51 31.05 607.38
2013-09-30 1,733.25 34.43 628.25
2013-06-30 1,746.55 39.93 623.35

*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.
  • Byggma has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Byggma used its assets less efficiently than the GB Building industry average last year based on Return on Assets.
  • Byggma's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Byggma'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 Building 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.
Byggma 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 Byggma'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 Byggma's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Byggma is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Byggma's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Byggma'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 2.2x 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 Byggma Company Filings, last reported 3 months ago.

BATS-CHIXE:BMAO Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 861.40 388.50 322.80
2019-09-30 845.60 398.80 257.80
2019-06-30 828.70 367.50 256.40
2019-03-31 843.00 377.70 299.20
2018-12-31 824.43 392.98 377.04
2018-09-30 789.40 260.60 214.40
2018-06-30 785.00 270.80 206.20
2018-03-31 795.20 284.20 292.20
2017-12-31 798.88 286.95 358.87
2017-09-30 774.00 295.80 281.70
2017-06-30 753.80 296.20 274.40
2017-03-31 777.40 283.60 278.20
2016-12-31 764.11 280.52 319.87
2016-09-30 732.60 252.00 227.80
2016-06-30 725.60 254.80 255.70
2016-03-31 734.30 264.10 299.20
2015-12-31 790.72 272.63 390.06
2015-09-30 759.90 378.30 412.50
2015-06-30 745.10 358.50 405.00
2015-03-31 362.50 472.40 22.00
2014-12-31 340.38 440.74 28.07
2014-09-30 363.50 432.50 21.60
2014-06-30 336.80 448.20 22.50
2014-03-31 352.20 455.90 20.10
2013-12-31 340.81 460.79 22.40
2013-09-30 325.50 503.80 21.70
2013-06-30 314.60 534.80 23.20
  • Byggma's level of debt (45.1%) 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 (129.5% vs 45.1% today).
  • Debt is well covered by operating cash flow (20.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.7x coverage).
X
Financial health checks
We assess Byggma'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. Byggma 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 Byggma'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
1.16%
Current annual income from Byggma dividends.
If you bought NOK2,000 of Byggma shares you are expected to receive NOK23 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?
  • Byggma's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • Byggma's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
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
BATS-CHIXE:BMAO 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 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Building Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 2.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:BMAO Past Annualized Dividends Data
Date (Data in NOK) Dividend per share (annual) Avg. Yield (%)
2020-02-27 1.000 1.243
2019-04-30 1.000 1.101
2019-02-27 1.000 1.048
2018-04-26 1.000 1.221
2017-04-28 5.000 5.191
2016-04-29 3.000 3.984
2015-04-30 3.000 4.535
2015-02-25 3.000 5.614
2013-04-30 2.500 8.800
2012-04-27 1.000 4.044
2011-05-04 0.800 2.475
2010-04-30 0.800 2.688
2009-04-30 0.800 2.437

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

  • Byggma is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are stable.
  • Byggma is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Byggma's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Byggma's dividends as it is not paying a notable one for United Kingdom of Great Britain and Northern Ireland.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Byggma's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Byggma afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Byggma has a total score of 0/6, 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 Byggma'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
Geir Drangsland
COMPENSATION NOK4,079,400
CEO Bio

Mr. Geir Drangsland serves as the Chief Executive Officer of Byggma ASA and served as its President. Mr. Drangsland serves as the Managing Director of Investor AS. He served as Chief Financial Officer of Idun AS from 1987 to 1991, Finance Manager at El-Kjøp Norway from 1991 to 1992, Chief Financial Officer at Avantor ASA from 1995 to 1998. He has served as Chairman of Byggma ASA since 2000 until 2009.

CEO Compensation
  • Geir's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Geir's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Geir Drangsland

TITLE
Chief Executive Officer
COMPENSATION
NOK4M

Jens Unhammer

TITLE
Chief Financial Officer
COMPENSATION
NOK2M
TENURE
17.3 yrs

Svein Herdal

TITLE
Vice President of Technical
COMPENSATION
NOK706K

Torunn Mangseth

TITLE
Marketing Manager
Board of Directors Tenure

Average tenure of the Byggma board of directors in years:

8.3
Average Tenure
  • The tenure for the Byggma board of directors is about average.
Board of Directors

Terje Gunnulfsen

TITLE
Independent Chairman of the Board
COMPENSATION
NOK235K
TENURE
11.3 yrs

Erik Fjeldberg

TITLE
Employee Representative Director
COMPENSATION
NOK5K
TENURE
8.3 yrs

Edvart Høyåsen

TITLE
Employee Representative Director
COMPENSATION
NOK94K
TENURE
8.3 yrs

Grethe Hindersland

TITLE
Independent Director
COMPENSATION
NOK131K
TENURE
8.3 yrs

Kristin Wallevik

TITLE
Independent Director
COMPENSATION
NOK136K

Knut Larsen

TITLE
Independent Director
COMPENSATION
NOK124K
TENURE
3.9 yrs

Bjørnar Jakobsen

TITLE
Employee Representative Director
COMPENSATION
NOK75K
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
09. Apr 19 Buy Geir Drangsland Individual 09. Apr 19 09. Apr 19 19,220 NOK95.00 NOK1,825,900
X
Management checks
We assess Byggma'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. Byggma 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

Company Info

Description

Byggma ASA manufactures and supplies building materials to builders and retailers in the Nordic countries. It offers pre-painted ceilings and wall panels under the Huntonit brand name; I-beams for use in ceilings, walls, and floors in wood-based buildings under the brand name of Masonite; and particle boards, boards, and structural panels for use in buildings, pre painted ceilings, and wall panels under the Forestia brand name. The company also provides home lighting products under the Scan Lamps brand name; doors and windows for new buildings, extensions, or rehabilitation under the brand name of Uldal; a range of lamp and lighting products under the Aneta brand name; and develops, manufactures and distributes MDF panels for walls, ceilings, bathrooms, and kitchens under the brand name of Smartpanel. The company is headquartered in Vennesla, Norway.

Details
Name: Byggma ASA
BMAO
Exchange: BATS-CHIXE
Founded:
NOK604,029,500
6,983,000
Website: http://www.byggma.no
Address: Byggma ASA
Venneslaveien 233,
Postboks 21,
Vennesla,
Vest-Agder, 4701,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB BMA Class A Shares Oslo Bors NO NOK 27. Aug 1997
LSE 0DVM Class A Shares London Stock Exchange GB NOK 27. Aug 1997
BATS-CHIXE BMAO Class A Shares BATS 'Chi-X Europe' GB NOK 27. Aug 1997
Number of employees
Current staff
Staff numbers
0
Byggma employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:38
End of day share price update: 2020/03/11 00:00
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.