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Peab

BATS-CHIXE:PEABBS
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PEABBS
BATS-CHIXE
SEK22B
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Peab AB (publ) operates as a construction and civil engineering company primarily in Sweden, Norway, and Finland. The last earnings update was 2 days ago. More info.


Add to Portfolio Compare Print
  • Peab has significant price volatility in the past 3 months.
PEABBS Share Price and Events
7 Day Returns
5.8%
BATS-CHIXE:PEABBS
7.1%
GB Construction
5.3%
GB Market
1 Year Returns
-15.9%
BATS-CHIXE:PEABBS
-30.4%
GB Construction
-21.5%
GB Market
PEABBS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Peab (PEABBS) 5.8% -16.2% -26.1% -15.9% -20.7% 0.8%
GB Construction 7.1% -11.5% -19.6% -30.4% -55.5% -54.4%
GB Market 5.3% -6.5% -25.2% -21.5% -22.4% -21.9%
1 Year Return vs Industry and Market
  • PEABBS outperformed the Construction industry which returned -30.4% over the past year.
  • PEABBS outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.5% over the past year.
Price Volatility
PEABBS
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Peab 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 Peab 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 Peab.

BATS-CHIXE:PEABBS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.6%
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:PEABBS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.889 (1 + (1- 22%) (42.28%))
1.122
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.122 * 5.44%)
6.63%

Discounted Cash Flow Calculation for BATS-CHIXE:PEABBS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Peab 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:PEABBS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.63%)
2020 1,830.00 Analyst x1 1,716.14
2021 1,417.33 Analyst x3 1,246.45
2022 1,981.50 Analyst x2 1,634.17
2023 2,408.53 Est @ 21.55% 1,862.76
2024 2,775.71 Est @ 15.24% 2,013.17
2025 3,076.33 Est @ 10.83% 2,092.38
2026 3,314.44 Est @ 7.74% 2,114.07
2027 3,499.29 Est @ 5.58% 2,093.10
2028 3,641.47 Est @ 4.06% 2,042.62
2029 3,750.82 Est @ 3% 1,973.06
Present value of next 10 years cash flows SEK18,787.00
BATS-CHIXE:PEABBS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK3,750.82 × (1 + 0.53%) ÷ (6.63% – 0.53%)
SEK61,766.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK61,766.81 ÷ (1 + 6.63%)10
SEK32,491.37
BATS-CHIXE:PEABBS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK18,787.00 + SEK32,491.37
SEK51,278.37
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK51,278.37 / 294.96
SEK173.85
BATS-CHIXE:PEABBS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:PEABBS represents 0.97539x of OM:PEAB B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97539x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 173.85 x 0.97539
SEK169.57
Value per share (SEK) From above. SEK169.57
Current discount Discount to share price of SEK71.35
= -1 x (SEK71.35 - SEK169.57) / SEK169.57
57.9%

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

Current Discount
Amount off the current price Peab is available for.
Intrinsic value
>50%
Share price is SEK71.35 vs Future cash flow value of SEK169.57
Current Discount Checks
For Peab to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Peab's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Peab's share price is below the future cash flow value, and 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 Peab's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Peab's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:PEABBS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK7.09
OM:PEAB B Share Price ** OM (2020-04-08) in SEK SEK73.15
United Kingdom of Great Britain and Northern Ireland Construction Industry PE Ratio Median Figure of 17 Publicly-Listed Construction Companies 7.77x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 13.27x

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

** Primary Listing of Peab.

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

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

= 73.15 ÷ 7.09

10.32x

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

  • Peab is overvalued based on earnings compared to the GB Construction industry average.
  • Peab is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Peab's expected growth come at a high price?
Raw Data
BATS-CHIXE:PEABBS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
3.1%per year
United Kingdom of Great Britain and Northern Ireland Construction Industry PEG Ratio Median Figure of 9 Publicly-Listed Construction Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 513 Publicly-Listed Companies 1.03x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:PEABBS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.32x ÷ 3.1%

3.32x

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

  • Peab is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Peab's assets?
Raw Data
BATS-CHIXE:PEABBS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK41.58
OM:PEAB B Share Price * OM (2020-04-08) in SEK SEK73.15
United Kingdom of Great Britain and Northern Ireland Construction Industry PB Ratio Median Figure of 19 Publicly-Listed Construction Companies 1.09x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.13x
BATS-CHIXE:PEABBS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 73.15 ÷ 41.58

1.76x

* Primary Listing of Peab.

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

  • Peab is overvalued based on assets compared to the GB Construction industry average.
X
Value checks
We assess Peab'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 Construction 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 Construction industry average (and greater than 0)? (1 check)
  5. Peab has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

Future Performance

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

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
3.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Peab expected to grow at an attractive rate?
  • Peab's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Peab's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Peab's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:PEABBS Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:PEABBS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 3.1%
BATS-CHIXE:PEABBS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.8%
United Kingdom of Great Britain and Northern Ireland Construction Industry Earnings Growth Rate Market Cap Weighted Average 16%
United Kingdom of Great Britain and Northern Ireland Construction Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
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:PEABBS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:PEABBS Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 62,236 2,588 2,408 2
2021-12-31 61,220 2,416 2,277 3
2020-12-31 58,816 3,908 2,641 2
2020-04-09
BATS-CHIXE:PEABBS Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 54,008 52 2,092
2019-09-30 53,541 -5 2,207
2019-06-30 52,985 -147 2,222
2019-03-31 52,102 638 2,106
2018-12-31 52,233 -250 2,100
2018-09-30 51,878 288 2,074
2018-06-30 51,028 1,419 2,055
2018-03-31 50,366 1,022 2,008
2017-12-31 49,981 2,839 2,067
2017-09-30 49,370 3,771 1,948
2017-06-30 49,131 3,096 1,892
2017-03-31 48,911 4,164 1,881

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Peab's earnings are expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).
  • Peab's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:PEABBS 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 3 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:PEABBS Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 8.17 8.20 8.13 2.00
2021-12-31 7.72 7.78 7.63 3.00
2020-12-31 8.96 10.47 7.44 2.00
2020-04-09
BATS-CHIXE:PEABBS Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 7.09
2019-09-30 7.48
2019-06-30 7.53
2019-03-31 7.14
2018-12-31 7.12
2018-09-30 7.03
2018-06-30 6.97
2018-03-31 6.81
2017-12-31 7.01
2017-09-30 6.60
2017-06-30 6.41
2017-03-31 6.38

*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.
  • Peab is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Peab'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.
Peab has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

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

Past Performance

  How has Peab 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 Peab's growth in the last year to its industry (Construction).
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.
  • Peab's year on year earnings growth rate has been positive over the past 5 years.
  • Peab's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Peab's 1-year earnings growth is negative, it can't be compared to the GB Construction industry average.
Earnings and Revenue History
Peab'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 Peab Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:PEABBS Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 54,008.00 2,092.00 2,879.00
2019-09-30 53,541.00 2,207.00 2,839.00
2019-06-30 52,985.00 2,222.00 2,810.00
2019-03-31 52,102.00 2,106.00 2,798.00
2018-12-31 52,233.00 2,100.00 2,784.00
2018-09-30 51,878.00 2,074.00 2,768.00
2018-06-30 51,028.00 2,055.00 2,721.00
2018-03-31 50,366.00 2,008.00 2,695.00
2017-12-31 49,981.00 2,067.00 2,614.00
2017-09-30 49,370.00 1,948.00 2,628.00
2017-06-30 49,131.00 1,892.00 2,580.00
2017-03-31 48,911.00 1,881.00 2,520.00
2016-12-31 46,337.00 1,727.00 2,428.00
2016-09-30 44,682.00 1,030.00 2,393.00
2016-06-30 45,034.00 950.00 2,363.00
2016-03-31 44,031.00 833.00 2,313.00
2015-12-31 44,376.00 798.00 2,296.00
2015-09-30 44,365.00 1,100.00 2,259.00
2015-06-30 43,468.00 1,123.00 2,262.00
2015-03-31 43,504.00 1,060.00 2,253.00
2014-12-31 43,630.00 1,027.00 2,243.00
2014-09-30 44,343.00 1,231.00 2,269.00
2014-06-30 44,054.00 1,098.00 2,240.00
2014-03-31 42,820.00 287.00 2,267.00
2013-12-31 43,127.00 298.00 2,305.00
2013-09-30 44,094.00 228.00 2,373.00
2013-06-30 44,951.00 214.00 2,434.00

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Peab is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Peab's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Peab'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.3x 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 Peab Company Filings, last reported 3 months ago.

BATS-CHIXE:PEABBS Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 12,266.00 7,780.00 761.00
2019-09-30 11,735.00 8,121.00 261.00
2019-06-30 11,144.00 9,113.00 1,128.00
2019-03-31 11,665.00 6,414.00 1,156.00
2018-12-31 11,348.00 6,437.00 1,376.00
2018-09-30 10,735.00 7,016.00 453.00
2018-06-30 10,153.00 6,198.00 535.00
2018-03-31 10,688.00 3,979.00 289.00
2017-12-31 10,332.00 3,220.00 595.00
2017-09-30 9,796.00 4,735.00 255.00
2017-06-30 9,215.00 4,770.00 243.00
2017-03-31 9,599.00 4,022.00 1,725.00
2016-12-31 9,380.00 4,525.00 1,062.00
2016-09-30 8,695.00 6,423.00 270.00
2016-06-30 8,021.00 5,813.00 152.00
2016-03-31 8,241.00 5,306.00 481.00
2015-12-31 8,076.00 6,089.00 873.00
2015-09-30 8,217.00 6,109.00 282.00
2015-06-30 7,848.00 6,982.00 389.00
2015-03-31 8,116.00 5,893.00 354.00
2014-12-31 7,997.00 6,498.00 812.00
2014-09-30 7,980.00 8,152.00 425.00
2014-06-30 7,507.00 8,979.00 1,154.00
2014-03-31 7,686.00 8,441.00 476.00
2013-12-31 7,668.00 8,061.00 459.00
2013-09-30 7,312.00 10,009.00 859.00
2013-06-30 7,042.00 9,155.00 334.00
  • Peab's level of debt (63.4%) 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 (81.1% vs 63.4% today).
  • Debt is not well covered by operating cash flow (0.7%, less than 20% of total debt).
  • Peab earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Peab'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. Peab has a total score of 4/6, 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 Peab'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
0%
Current annual income from Peab dividends. Estimated to be 6.09% next year.
If you bought SEK2,000 of Peab shares you are expected to receive SEK0 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?
  • Unable to evaluate Peab's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Peab's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:PEABBS 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 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Construction Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 575 Stocks 5.5%
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 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:PEABBS Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 4.65 2.00
2021-12-31 4.40 3.00
2020-12-31 4.35 2.00
2020-04-09
BATS-CHIXE:PEABBS Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-04-07 0.000 0.000
2019-05-09 4.200 5.006
2018-05-07 4.000 5.266
2017-05-10 3.600 4.333
2016-04-11 2.600 3.541
2016-02-16 2.600 3.674
2015-05-13 2.250 3.582
2014-05-14 1.800 3.276
2013-04-09 1.600 4.125
2012-05-15 2.100 6.468
2011-05-10 2.600 7.188
2010-05-11 2.500 5.132
2009-05-14 2.250 5.458

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

  • Unable to perform a dividend volatility check as Peab has not reported any payouts.
  • Unable to verify if Peab's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Peab's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Peab has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Peab'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 Peab afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Peab has a total score of 1/6, 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 Peab'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
Jesper Göransson
COMPENSATION SEK15,297,000
AGE 48
CEO Bio

Mr. Jesper Göransson serves as the Chief Executive Officer of Peab AB and has been its President since August 2013 and its Member of the Executive Management Advisory Board since July 2009. Mr. Göransson served as Acting President of Peab AB. He served as an Acting Chief Executive Officer of Peab AB since March 2013. He served as Chief Financial officer of Peab AB. He served as Deputy Chief Executive Officer and Group Accounting/Finance Officer and Treasury Director at Peab AB. He serves as Chairman of Peab Finans AB (publ).

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

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

6.8
Average Tenure
50
Average Age
  • The average tenure for the Peab management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jesper Göransson

TITLE
CEO & President
COMPENSATION
SEK15M
AGE
48

Niclas Winkvist

TITLE
Chief Financial Officer
AGE
53
TENURE
6.7 yrs

Roger Linnér

TITLE
Production Manager & COO
AGE
49
TENURE
6.8 yrs

Charlotte Hagö

TITLE
Chief Information Officer

Juha Hartomaa

TITLE
Head of Investor Relations

Camila Buzaglo

TITLE
Chief Communications Officer
AGE
48
TENURE
1.4 yrs

Jan Persson

TITLE
Head of Peab Support
AGE
62

Mikael Rydén

TITLE
Head of Information Technology
AGE
54

Anders Bogren

TITLE
Head of Purchasing & Logistics
AGE
50

Marie Vernersson

TITLE
Group Controller
TENURE
12.3 yrs
Board of Directors Tenure

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

11.6
Average Tenure
59
Average Age
  • The average tenure for the Peab board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Göran Grosskopf

TITLE
Independent Chairman of the Board
COMPENSATION
SEK980K
AGE
74
TENURE
14.6 yrs

Mats Paulsson

TITLE
Vice Chairman
COMPENSATION
SEK460K
AGE
75
TENURE
8.9 yrs

Lars Sköld

TITLE
Independent Director
COMPENSATION
SEK520K
AGE
69
TENURE
13.3 yrs

Karl-Axel Granlund

TITLE
Independent Director
COMPENSATION
SEK520K
AGE
64
TENURE
20.3 yrs

Patrik Svensson

TITLE
Employee Representative Director
AGE
50
TENURE
13.3 yrs

Fredrik Paulsson

TITLE
Director
COMPENSATION
SEK460K
AGE
47
TENURE
10.9 yrs

Kim Thomsen

TITLE
Employee Representative Director
AGE
54
TENURE
12.3 yrs

Kerstin Lindell

TITLE
Independent Director
COMPENSATION
SEK460K
AGE
52
TENURE
6.3 yrs

Malin Persson

TITLE
Independent Director
COMPENSATION
SEK400K
AGE
51
TENURE
3.9 yrs

Egon Waldemarsson

TITLE
Employee Representative Director
AGE
65
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Peab individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
24. Mar 20 Buy Jesper Göransson Individual 24. Mar 20 24. Mar 20 9,800 SEK61.45 SEK602,166
17. Mar 20 Buy Karl-Axel Granlund Individual 16. Mar 20 16. Mar 20 500 SEK64.90 SEK32,450
13. Mar 20 Buy Karl-Axel Granlund Individual 12. Mar 20 12. Mar 20 500 SEK71.85 SEK35,925
27. Feb 20 Buy Camila Buzaglo Individual 26. Feb 20 26. Feb 20 3,900 SEK97.05 SEK378,499
27. Feb 20 Buy Göran Linder Individual 26. Feb 20 26. Feb 20 6,100 SEK97.05 SEK592,010
27. Feb 20 Buy Stefan Danielsson Individual 26. Feb 20 26. Feb 20 6,100 SEK97.05 SEK592,010
27. Feb 20 Buy Charlotta Brändström Individual 26. Feb 20 26. Feb 20 5,400 SEK97.05 SEK524,075
27. Feb 20 Buy Roger Linnér Individual 26. Feb 20 26. Feb 20 7,900 SEK97.05 SEK766,702
27. Feb 20 Buy Karl-Gunnar Karlsson Individual 26. Feb 20 26. Feb 20 6,200 SEK97.05 SEK601,716
27. Feb 20 Buy Jesper Göransson Individual 26. Feb 20 26. Feb 20 15,900 SEK97.05 SEK1,543,109
27. Feb 20 Buy Niclas Winkvist Individual 26. Feb 20 26. Feb 20 7,900 SEK97.05 SEK766,702
14. Feb 20 Sell Mats Paulsson Individual 14. Feb 20 14. Feb 20 -430,000 SEK105.00 SEK-45,150,000
14. Feb 20 Buy Mats Paulsson Individual 14. Feb 20 14. Feb 20 430,000 SEK105.00 SEK45,150,000
07. Feb 20 Buy Camila Buzaglo Individual 06. Feb 20 07. Feb 20 4,000 SEK104.36 SEK416,978
07. Feb 20 Buy Göran Linder Individual 06. Feb 20 07. Feb 20 11,000 SEK104.36 SEK1,146,689
07. Feb 20 Buy Stefan Danielsson Individual 06. Feb 20 07. Feb 20 14,800 SEK104.36 SEK1,542,818
07. Feb 20 Buy Charlotta Brändström Individual 06. Feb 20 07. Feb 20 6,500 SEK104.36 SEK677,601
07. Feb 20 Buy Roger Linnér Individual 06. Feb 20 07. Feb 20 19,000 SEK104.36 SEK1,980,644
07. Feb 20 Buy Jesper Göransson Individual 06. Feb 20 07. Feb 20 38,000 SEK104.36 SEK3,961,288
07. Feb 20 Buy Niclas Winkvist Individual 06. Feb 20 07. Feb 20 19,000 SEK104.36 SEK1,980,644
23. Jul 19 Buy Camila Buzaglo Individual 22. Jul 19 22. Jul 19 500 SEK87.47 SEK43,735
23. Jul 19 Buy Göran Linder Individual 22. Jul 19 22. Jul 19 24,900 SEK87.47 SEK2,178,003
23. Jul 19 Buy Stefan Danielsson Individual 22. Jul 19 22. Jul 19 24,800 SEK87.47 SEK2,169,256
23. Jul 19 Buy Roger Linnér Individual 22. Jul 19 22. Jul 19 35,600 SEK87.47 SEK3,113,932
23. Jul 19 Buy Karl-Gunnar Karlsson Individual 22. Jul 19 22. Jul 19 10,000 SEK87.47 SEK874,700
23. Jul 19 Buy Jesper Göransson Individual 22. Jul 19 22. Jul 19 61,300 SEK87.47 SEK5,361,911
23. Jul 19 Buy Niclas Winkvist Individual 22. Jul 19 22. Jul 19 39,500 SEK87.47 SEK3,455,065
23. Jul 19 Sell Mats Paulsson Individual 22. Jul 19 22. Jul 19 -386,000 SEK84.35 SEK-32,559,100
23. Jul 19 Buy Mats Paulsson Individual 22. Jul 19 22. Jul 19 386,000 SEK84.35 SEK32,559,100
X
Management checks
We assess Peab'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. Peab 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

Peab AB (publ) operates as a construction and civil engineering company primarily in Sweden, Norway, and Finland. It operates through four segments: Construction, Civil Engineering, Industry, and Project Development. The Construction segment constructs homes, and public and commercial properties; and provides construction maintenance services. The Civil Engineering segment constructs and maintains roads, railroads, bridges, tunnels, ports, and other infrastructure. This segment also undertakes landscaping, pipeline, and foundation works, as well as operates and maintains highways and street networks, parks, outdoor properties, and water and sewage supply networks. The Industry segment offers products and services for construction and civil engineering projects. It provides gravel, rock, concrete, asphalt, machines and transportation, temporary electricity, and prefabricated concrete elements. This segment is also involved in the crane rental and production waste handling activities. The Project Development segment acquires, owns, develops, rents, and divests housing, commercial properties, and city blocks. Peab AB (publ) was founded in 1959 and is headquartered in Förslöv, Sweden.

Details
Name: Peab AB (publ)
PEABBS
Exchange: BATS-CHIXE
Founded: 1959
SEK21,576,524,869
294,962,746
Website: http://www.peab.com
Address: Peab AB (publ)
Margretetorpsvägen 84,
Förslöv,
Skåne County, 269 73,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM PEAB B Class B Registered Shares OMX Nordic Exchange Stockholm SE SEK 07. May 1993
DB PEKB Class B Registered Shares Deutsche Boerse AG DE EUR 07. May 1993
LSE 0MHT Class B Registered Shares London Stock Exchange GB SEK 07. May 1993
BATS-CHIXE PEABBS Class B Registered Shares BATS 'Chi-X Europe' GB SEK 07. May 1993
Number of employees
Current staff
Staff numbers
14,258
Peab employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 19:35
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/02/11
Last earnings filing: 2020/04/07
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.