Instalco AB (publ) provides installation services in the heating and plumbing, electrical, ventilation, cooling, and industrial areas in Sweden and rest of Nordic.
The last earnings update was 49 days ago.
Discounted Cash Flow Calculation for BATS-CHIXE:INSTAS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
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.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
BATS-CHIXE:INSTAS DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
Instalco's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Instalco'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
is considered below, and whether this is a fair price.
Price based on past earnings
Instalco's earnings available for a low price, and how does
this compare to other companies in the same industry?
Instalco's earnings are expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
Instalco's revenue is expected to grow by 3.6% 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.
Instalco's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
6/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
Mr. Per Sjöstrand serves as the Chief Executive Officer of Instalco Holding AB and Instalco Intressenter AB. Mr. Sjöstrand is Founder of Instalco Intressenter AB (publ) and serves as its President. He serves as an Advisor of FSN Capital Partners AS. Mr. Sjöstrand serves as the President and the Chief Executive Officer of the NEA group. He is a Co-Owner of Ohmslag AB. He has background in installation and automation industries. He served as the Chief Executive Officer of Midroc Electro AB and PEAB Nord AB. He served as the Chief Executive Officer of Närkes Elektriska Aktiebolag until January 2014. Mr. Sjöstrand has 20 years' experience as Chief Executive Officer of several companies. He has been the Chairman and Director of Green Landscaping Holding AB since 2012. Mr. Sjöstrand serves as the Chairman of the board of directors of Kullastrand Kök & Interiör AB. Mr. Sjöstrand served as the Chairman of the board of directors of Västra Värmlands Rörinstallationer AB until January 2017, Slutplattan EZPIR 99171 AB until October 2016, Ehlslag January 2015, Elektra Bernt Blomqvist Aktiebolag AB until February 2012, Control System styr- och IT-lösningar i Skaraborg Aktiebolag until February 2012, Detective Elteknik Säkerhet i Skaraborg AB until January 2012 and Närkes Elektriska Verkstads Aktiebolag until January 2012. He served as the Chairman of the Board of Directors of Sista versen 21222 AB which was dissolved through a merger in February 2016. He served as Chairman of the Aktiebolag until January 2012. He served as the Chairman of the which was dissolved through a merger in September 2016. He has been the Director and Manager of major projects within Trafikverket, the Swedish Transport Administration. He serves as a Board Member of Markona AB, Markona Maskin AB, Voltage AB, PerRos AB and Ohmslag AB. He served as a Board Member of Arkösunds Hotell AB until January 2016, Elservice Samuelsson i Karlstad Aktiebolag until January 2012, Ragnar Karlsson Elektriska Aktiebolag until January 2012, Eltjänst i Falkenberg AB until January 2012, El-City i Luleå Aktiebolag until January 2012 and ELTEAM VEST Aktiebolag until January 2012. He has a Master of Science in Engineering from Chalmers tekniska högskola i Göteborg (Chalmers University of Technology in Gothenburg).
Per's compensation has been consistent with company performance over the past year, both up more than 20%.
Per's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
CFO & Head of Business Development
Head of IR and Communications
Chief Financial Officer (Leave of Absence)
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Instalco board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman of the Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Instalco individual insiders in the past 3 months.
Instalco AB (publ) provides installation services in the heating and plumbing, electrical, ventilation, cooling, and industrial areas in Sweden and rest of Nordic. The company offers district heating, natural gas, heat pumps, and comfort cooling installation; pipe replacement and preventative maintenance; new construction; ongoing repairs; project planning; and service and maintenance services. It also provides electricity services, including design, project planning, and assembly services; alarms and monitoring; technical equipment data network and control; energy optimization through integrated property automation; charging posts for electric cars; remote reading; and service and maintenance. In addition, the company offers installation services and solutions for indoor climate, air treatment, energy optimization, ventilation inspection, and service and maintenance; cooling and heating equipment installation, food and comfort cooling, process cooling, and service and maintenance; and pipe and cooling installation services. It provides heating and plumbing, electrical, and ventilation solutions to commercial facilities, public construction, residential, office, and retail customers; cooling solutions to retail chains, food industry, institutional kitchens, hotels, and cold storage companies; and industrial solutions to industrial and municipal companies, county councils, and administrations. The company was formerly known as Instalco Intressenter AB (publ) and changed its name to Instalco AB (publ) in May 2019. The company was founded in 2013 and is headquartered in Stockholm, Sweden.
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