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Sweco

BATS-CHIXE:SWECBs
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SWECBs
BATS-CHIXE
SEK37B
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide. The last earnings update was 6 days ago. More info.


Add to Portfolio Compare Print
  • Sweco has significant price volatility in the past 3 months.
SWECBs Share Price and Events
7 Day Returns
13.7%
BATS-CHIXE:SWECBs
5.4%
GB Construction
1.7%
GB Market
1 Year Returns
37%
BATS-CHIXE:SWECBs
-30.5%
GB Construction
-21.8%
GB Market
SWECBs Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sweco (SWECBs) 13.7% 13.2% -15.2% 37% 48.3% 166.7%
GB Construction 5.4% -14.8% -19.7% -30.5% -55.9% -54.8%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • SWECBs outperformed the Construction industry which returned -30.5% over the past year.
  • SWECBs outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.8% over the past year.
Price Volatility
SWECBs
Industry
5yr Volatility vs Market

SWECBs Value

 Is Sweco 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 Sweco 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 Sweco.

BATS-CHIXE:SWECBs 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 5.9%
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:SWECBs
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 0.88
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.882 (1 + (1- 22%) (16.27%))
0.996
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.996 * 5.44%)
5.95%

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

The calculations below outline how an intrinsic value for Sweco 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:SWECBs DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 5.95%)
2020 1,820.50 Analyst x2 1,718.31
2021 1,950.50 Analyst x2 1,737.67
2022 2,076.50 Analyst x2 1,746.09
2023 2,110.24 Est @ 1.63% 1,674.86
2024 2,137.60 Est @ 1.3% 1,601.34
2025 2,160.40 Est @ 1.07% 1,527.57
2026 2,179.97 Est @ 0.91% 1,454.88
2027 2,197.25 Est @ 0.79% 1,384.11
2028 2,212.94 Est @ 0.71% 1,315.74
2029 2,227.52 Est @ 0.66% 1,250.07
Present value of next 10 years cash flows SEK15,410.00
BATS-CHIXE:SWECBs DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK2,227.52 × (1 + 0.53%) ÷ (5.95% – 0.53%)
SEK41,338.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK41,338.59 ÷ (1 + 5.95%)10
SEK23,198.90
BATS-CHIXE:SWECBs Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK15,410.00 + SEK23,198.90
SEK38,608.90
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK38,608.90 / 117.84
SEK327.65
BATS-CHIXE:SWECBs Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:SWECBs represents 1.00315x of OM:SWEC B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00315x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 327.65 x 1.00315
SEK328.68
Value per share (SEK) From above. SEK328.68
Current discount Discount to share price of SEK318.00
= -1 x (SEK318.00 - SEK328.68) / SEK328.68
3.2%

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

Current Discount
Amount off the current price Sweco is available for.
Intrinsic value
3%
Share price is SEK318 vs Future cash flow value of SEK328.68
Current Discount Checks
For Sweco to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sweco's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Sweco'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 Sweco's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sweco's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:SWECBs PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK11.85
OM:SWEC B Share Price ** OM (2020-04-08) in SEK SEK317
United Kingdom of Great Britain and Northern Ireland Construction Industry PE Ratio Median Figure of 17 Publicly-Listed Construction Companies 7.79x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 13x

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

** Primary Listing of Sweco.

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

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

= 317 ÷ 11.85

26.76x

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

  • Sweco is overvalued based on earnings compared to the GB Construction industry average.
  • Sweco is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Sweco's expected growth come at a high price?
Raw Data
BATS-CHIXE:SWECBs PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
6.8%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 518 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.76x ÷ 6.8%

3.91x

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

  • Sweco is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Sweco's assets?
Raw Data
BATS-CHIXE:SWECBs PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK60.73
OM:SWEC B Share Price * OM (2020-04-08) in SEK SEK317
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 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:SWECBs PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 317 ÷ 60.73

5.22x

* Primary Listing of Sweco.

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

  • Sweco is overvalued based on assets compared to the GB Construction industry average.
X
Value checks
We assess Sweco'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. Sweco has a total score of 0/6, 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.

SWECBs Future Performance

 How is Sweco 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
6.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sweco expected to grow at an attractive rate?
  • Sweco's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Sweco's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Sweco'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:SWECBs Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:SWECBs Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 6.8%
BATS-CHIXE:SWECBs Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.4%
United Kingdom of Great Britain and Northern Ireland Construction Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
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 15.6%
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:SWECBs 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:SWECBs Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 23,639 2,181 1,693 2
2021-12-31 22,563 2,097 1,538 3
2020-12-31 21,629 1,927 1,369 3
2020-04-08
BATS-CHIXE:SWECBs Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 20,695 2,299 1,393
2019-09-30 20,050 1,883 1,377
2019-06-30 19,506 1,859 1,297
2019-03-31 19,208 1,587 1,346
2018-12-31 18,736 2,051 1,254
2018-09-30 18,205 1,582 1,275
2018-06-30 17,761 1,384 1,264
2018-03-31 17,107 1,186 1,159
2017-12-31 16,887 1,060 1,221
2017-09-30 16,725 1,169 1,017
2017-06-30 16,814 1,505 1,025
2017-03-31 16,921 1,599 1,141

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sweco's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
  • Sweco's revenue is expected to grow by 4.4% 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:SWECBs 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 Sweco Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SWECBs Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 13.33 13.90 12.75 2.00
2021-12-31 12.76 13.07 12.45 3.00
2020-12-31 11.36 12.60 9.69 3.00
2020-04-08
BATS-CHIXE:SWECBs Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 11.85
2019-09-30 11.72
2019-06-30 11.02
2019-03-31 11.41
2018-12-31 10.59
2018-09-30 10.73
2018-06-30 10.62
2018-03-31 9.71
2017-12-31 10.22
2017-09-30 8.51
2017-06-30 8.57
2017-03-31 9.54

*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.
  • Sweco is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sweco'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.
Sweco 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.

SWECBs Past Performance

  How has Sweco 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 Sweco'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.
  • Sweco has delivered over 20% year on year earnings growth in the past 5 years.
  • Sweco's 1-year earnings growth is less than its 5-year average (11.1% vs 21.9%)
  • Sweco's earnings growth has exceeded the GB Construction industry average in the past year (11.1% vs 6.6%).
Earnings and Revenue History
Sweco'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 Sweco Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SWECBs 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 20,695.00 1,393.00 4,357.00
2019-09-30 20,050.00 1,377.00 4,832.00
2019-06-30 19,506.00 1,297.00 4,730.00
2019-03-31 19,208.00 1,346.00 4,684.00
2018-12-31 18,736.00 1,254.00 4,110.00
2018-09-30 18,205.00 1,275.00 4,126.00
2018-06-30 17,761.00 1,264.00 4,185.00
2018-03-31 17,107.00 1,159.00 4,153.00
2017-12-31 16,887.00 1,221.00 4,186.00
2017-09-30 16,725.00 1,017.00 4,124.00
2017-06-30 16,814.00 1,025.00 4,124.00
2017-03-31 16,921.00 1,141.00 4,134.00
2016-12-31 16,531.00 930.00 4,050.00
2016-09-30 16,461.00 740.00 4,068.00
2016-06-30 14,761.00 635.00 3,630.00
2016-03-31 12,942.00 426.00 3,233.00
2015-12-31 11,389.00 438.00 2,820.00
2015-09-30 9,593.90 551.50 2,389.70
2015-06-30 9,570.00 582.80 2,356.20
2015-03-31 9,357.30 558.70 2,268.30
2014-12-31 9,214.00 542.00 2,234.00
2014-09-30 9,095.10 412.90 2,173.20
2014-06-30 8,904.70 389.90 2,115.30
2014-03-31 8,569.10 417.20 2,025.60
2013-12-31 8,165.00 374.90 1,938.60
2013-09-30 7,822.50 430.90 1,835.60
2013-06-30 7,570.10 421.60 1,787.20

*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.
  • Sweco has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sweco used its assets more efficiently than the GB Construction industry average last year based on Return on Assets.
  • Sweco's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sweco'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.
Sweco has a total score of 3/6, 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.

SWECBs Health

 How is Sweco'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 Sweco's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sweco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sweco's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sweco'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 2.7x 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 Sweco Company Filings, last reported 3 months ago.

BATS-CHIXE:SWECBs Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 7,164.00 2,774.00 660.00
2019-09-30 6,764.00 3,059.00 548.00
2019-06-30 6,419.00 2,760.00 436.00
2019-03-31 6,699.00 2,237.00 530.00
2018-12-31 6,168.00 2,624.00 775.00
2018-09-30 6,162.00 3,105.00 358.00
2018-06-30 6,043.00 3,056.00 372.00
2018-03-31 6,348.00 2,390.00 391.00
2017-12-31 5,979.00 2,177.00 572.00
2017-09-30 5,425.00 2,643.00 331.00
2017-06-30 5,392.00 2,381.00 317.00
2017-03-31 5,716.00 2,042.00 506.00
2016-12-31 5,434.00 2,325.00 892.00
2016-09-30 5,139.00 2,767.00 452.00
2016-06-30 4,883.00 0.00 317.00
2016-03-31 5,016.00 0.00 345.00
2015-12-31 4,908.00 2,101.00 544.00
2015-09-30 1,981.50 1,657.20 92.30
2015-06-30 1,872.40 1,482.00 86.20
2015-03-31 2,025.80 1,228.00 102.10
2014-12-31 1,888.00 1,334.00 174.00
2014-09-30 1,691.60 1,618.40 148.50
2014-06-30 1,615.80 1,692.80 173.30
2014-03-31 1,788.70 1,528.20 185.00
2013-12-31 1,632.60 1,534.80 318.70
2013-09-30 1,587.10 1,760.40 211.50
2013-06-30 1,581.20 830.70 184.60
  • Sweco's level of debt (38.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (70.5% vs 38.7% today).
  • Debt is well covered by operating cash flow (82.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 18.3x coverage).
X
Financial health checks
We assess Sweco'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. Sweco has a total score of 6/6, 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.

SWECBs Dividends

 What is Sweco'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
1.96%
Current annual income from Sweco dividends. Estimated to be 2.36% next year.
If you bought SEK2,000 of Sweco shares you are expected to receive SEK39 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?
  • Sweco's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.51%).
  • Sweco's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (6.87%).
Upcoming dividend payment

Purchase Sweco before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:SWECBs 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 588 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 6.9%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:SWECBs Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 8.17 3.00
2021-12-31 7.47 3.00
2020-12-31 6.83 3.00
2020-04-08
BATS-CHIXE:SWECBs Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-03-12 6.200 2.363
2019-04-11 5.500 1.903
2018-03-28 5.000 2.416
2018-02-13 5.000 2.820
2017-04-27 4.300 2.202
2016-04-14 3.500 2.085
2015-04-16 3.500 2.917
2014-04-16 3.250 3.030
2013-03-14 3.250 3.881
2012-04-20 3.000 4.173
2011-04-13 3.000 4.971
2010-05-03 2.000 3.626

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sweco's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Sweco'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 Sweco afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sweco has a total score of 4/6, see the detailed checks below.


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

SWECBs Management

 What is the CEO of Sweco'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
Åsa Bergman
AGE 52
TENURE AS CEO 2 years
CEO Bio

Ms. Asa Bergman has been the President and Chief Executive Officer of at Sweco AB since April 20, 2018. Ms. Bergman serves as Chief Executive Officer of Sweco Sverige AB. She served as the President of SWECO Projektledning. She has been an External Director of AB Persson Invest since 2013. Ms. Bergman joined Sweco group in 1991. After eight years she was appointed regional manager to oversee Sweco’s project managers in northern Sweden, before being appointed president of Sweco Management in 2006.

CEO Compensation
  • Insufficient data for Åsa to compare compensation growth.
  • Insufficient data for Åsa to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

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

2.1
Average Tenure
53
Average Age
  • The tenure for the Sweco management team is about average.
Management Team

Åsa Bergman

TITLE
President
AGE
52
TENURE
2 yrs

Olof Stålnacke

TITLE
Chief Financial Officer
AGE
54
TENURE
0.5 yrs

Lisa Lagerwall

TITLE
General Counsel
AGE
47
TENURE
9.3 yrs

Katarina Grönwall

TITLE
Chief Communications Officer
AGE
50
TENURE
0.9 yrs

Mikael Landberg

TITLE
Chief Human Resource Officer
AGE
50
TENURE
2.3 yrs

Tapani Bastman

TITLE
Head of Energy and Pulp & Paper Division - Sweco Industry
AGE
64

Jukka Korvenoja

TITLE
Head of Chemical Industry Division - Sweco Industry
AGE
62

Lars Enander

TITLE
Head of Water and Environment Division - Norway
AGE
56
TENURE
21.3 yrs

Stig Bremer

TITLE
Head of IT
AGE
48

Tor-Helge Indrebø

TITLE
Head of Vest Division
AGE
58
Board of Directors Tenure

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

5.3
Average Tenure
52.5
Average Age
  • The tenure for the Sweco board of directors is about average.
Board of Directors

Johan Nordström

TITLE
Chairman
COMPENSATION
SEK880K
AGE
53
TENURE
6 yrs

Åsa Bergman

TITLE
President
AGE
52

Gunnel Duveblad

TITLE
Director
COMPENSATION
SEK538K
AGE
64
TENURE
12 yrs

Anna Leonsson

TITLE
Employee Representative Director
AGE
48
TENURE
15.3 yrs

Görgen Edenhagen

TITLE
Employee Representative Director
AGE
55
TENURE
2.8 yrs

Eva Lindqvist

TITLE
Independent Director
COMPENSATION
SEK448K
AGE
61
TENURE
7 yrs

Johan Hjertonsson

TITLE
Director
COMPENSATION
SEK448K
AGE
51
TENURE
5.3 yrs

Maria Ekh

TITLE
Employee Representative Director
AGE
45
TENURE
5.3 yrs

Christine Wolff

TITLE
Independent Director
COMPENSATION
SEK478K
AGE
59
TENURE
4 yrs

Elaine Weidman-Grunewald

TITLE
Independent Director
COMPENSATION
SEK452K
AGE
52
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Sweco individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
27. Feb 20 Buy Max Joy Individual 24. Feb 20 24. Feb 20 1,167 SEK341.40 SEK398,414
27. Feb 20 Buy Ina Brandes Individual 24. Feb 20 24. Feb 20 820 SEK341.40 SEK279,948
26. Feb 20 Buy Grete Aspelund Individual 24. Feb 20 24. Feb 20 2,846 SEK341.40 SEK971,624
26. Feb 20 Buy Markku Varis Individual 24. Feb 20 24. Feb 20 2,475 SEK341.40 SEK844,965
26. Feb 20 Buy Ann-Louise Klasson Individual 24. Feb 20 24. Feb 20 920 SEK341.40 SEK314,088
25. Feb 20 Buy Åsa Bergman Individual 24. Feb 20 24. Feb 20 3,198 SEK341.40 SEK1,091,797
25. Feb 20 Buy Eugene Grüter Individual 24. Feb 20 24. Feb 20 3,398 SEK341.40 SEK1,160,077
25. Feb 20 Buy Lisa Lagerwall Individual 24. Feb 20 24. Feb 20 233 SEK341.40 SEK79,546
12. Feb 20 Buy Görgen Edenhagen Individual 12. Feb 20 12. Feb 20 125 SEK348.00 SEK43,500
19. Dec 19 Buy Erwin Malcorps Individual 16. Dec 19 16. Dec 19 459 SEK356.77 SEK163,758
18. Dec 19 Buy Markku Varis Individual 16. Dec 19 16. Dec 19 495 SEK356.77 SEK176,602
18. Dec 19 Buy Max Joy Individual 16. Dec 19 16. Dec 19 464 SEK356.77 SEK165,542
17. Dec 19 Buy Dariush Rezai Individual 16. Dec 19 16. Dec 19 764 SEK356.77 SEK272,574
17. Dec 19 Buy Eugene Grüter Individual 16. Dec 19 16. Dec 19 667 SEK356.77 SEK237,967
17. Dec 19 Buy Åsa Bergman Individual 16. Dec 19 16. Dec 19 1,877 SEK356.77 SEK669,661
16. Dec 19 Buy Ann-Louise Klasson Individual 16. Dec 19 16. Dec 19 558 SEK356.77 SEK199,079
16. Dec 19 Buy Lisa Lagerwall Individual 16. Dec 19 16. Dec 19 139 SEK356.77 SEK49,591
07. Aug 19 Sell Ann-Louise Klasson Individual 07. Aug 19 07. Aug 19 -2,814 SEK270.00 SEK-759,780
X
Management checks
We assess Sweco'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. Sweco 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.

SWECBs News

Simply Wall St News

SWECBs Company Info

Description

Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide. The company undertakes culture, leisure, sports, education, interior architecture, office, landscape architecture, visualization, urban development, infrastructure, housing, lighting design, cultural environment, retail and commercial, healthcare, and industry projects. It also provides renewable fuels, combined heating and power, dams, due diligence, district heating and cooling, electrical power, electricity distribution, energy efficiency enhancement, energy market and strategy, energy storage, hydropower, power transmission, solar energy, and wind power energy systems. In addition, the company offers steel structure, BIM, building construction design, building engineering physics and energy, construction administration, industrial construction design, prefabricated structure, and physical protection structural engineering services. Further, it provides bridge and tunnel engineering, cargo and logistics, electrical and geotechnical engineering, ITS and traffic system, measurement technology, port and marina engineering, public transportation, railway and rock engineering, risk management and safety, signaling, and traffic and urban planning services; and road, street, and land planning services, as well as Geolab, which performs geotechnical analyses of the nutrient values in gardening soils or contaminated sites. Additionally, the company offers electricity and automation, plant design, process engineering, and logistics services; HVAC and sanitation, fire engineering and risk analysis, electrical systems, physical protection, environment and energy, parametric design, telecom system, lighting design, and monitoring and inspection services for buildings; IT solution for urban development; and project management, social analysis, and water and environment services. The company is headquartered in Stockholm, Sweden.

Details
Name: Sweco AB (publ)
SWECBs
Exchange: BATS-CHIXE
Founded:
SEK36,786,047,090
117,837,422
Website: http://www.sweco.se
Address: Sweco AB (publ)
GjOerwellsgatan 22,
Box 34044,
Stockholm,
Stockholm County, 100 26,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM SWEC B Class B Shares OMX Nordic Exchange Stockholm SE SEK 21. Sep 1998
DB 7W7 Class B Shares Deutsche Boerse AG DE EUR 21. Sep 1998
LSE 0H0G Class B Shares London Stock Exchange GB SEK 21. Sep 1998
BATS-CHIXE SWECBs Class B Shares BATS 'Chi-X Europe' GB SEK 21. Sep 1998
OM SWEC A Class A Shares OMX Nordic Exchange Stockholm SE SEK 30. Sep 1998
LSE 0GX5 Class A Shares London Stock Exchange GB SEK 30. Sep 1998
Number of employees
Current staff
Staff numbers
18,148
Sweco employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 21:23
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/04/02
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.