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Byggmax Group

BATS-CHIXE:BMAXs
Snowflake Description

Questionable track record with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BMAXs
BATS-CHIXE
SEK2B
Market Cap
  1. Home
  2. GB
  3. Retail
Company description

Byggmax Group AB (publ) sells building materials for common maintenance and DIY projects. The last earnings update was 70 days ago. More info.


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BMAXs Share Price and Events
7 Day Returns
7.5%
BATS-CHIXE:BMAXs
-0.9%
GB Specialty Retail
0.1%
GB Market
1 Year Returns
-25%
BATS-CHIXE:BMAXs
-31.7%
GB Specialty Retail
-23.6%
GB Market
BMAXs Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Byggmax Group (BMAXs) 7.5% 0% -3.4% -25% -59.3% -57.5%
GB Specialty Retail -0.9% -29.3% -43.3% -31.7% -41.6% -47.1%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • BMAXs outperformed the Specialty Retail industry which returned -31.7% over the past year.
  • BMAXs underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
BMAXs
Industry
5yr Volatility vs Market

BMAXs Value

 Is Byggmax Group 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 Byggmax Group 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 Byggmax Group.

BATS-CHIXE:BMAXs Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in SEK SEK 1.2866666666667
Payout Ratio Company Filings (2019-12-31) 8090.6%
Discount Rate (Cost of Equity) See below 6.5%
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:BMAXs
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.834 (1 + (1- 22%) (168.52%))
1.092
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.092 * 5.44%)
6.47%

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

The calculations below outline how an intrinsic value for Byggmax Group 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:BMAXs Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= SEK1.29 / (6.47% - 0.53%)
SEK19.4
BATS-CHIXE:BMAXs Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:BMAXs represents 0.94635x of OM:BMAX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.94635x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 21.67 x 0.94635
SEK20.50
Value per share (SEK) From above. SEK20.50
Current discount Discount to share price of SEK25.40
= -1 x (SEK25.40 - SEK20.50) / SEK20.50
-23.9%

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

  • The current share price of Byggmax Group 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 Byggmax Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Byggmax Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:BMAXs PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK2.32
OM:BMAX Share Price ** OM (2020-04-06) in SEK SEK26.84
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PE Ratio Median Figure of 23 Publicly-Listed Specialty Retail Companies 7.37x
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 Byggmax Group.

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

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

= 26.84 ÷ 2.32

11.55x

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

  • Byggmax Group is overvalued based on earnings compared to the GB Specialty Retail industry average.
  • Byggmax Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Byggmax Group's expected growth come at a high price?
Raw Data
BATS-CHIXE:BMAXs PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
5.4%per year
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PEG Ratio Median Figure of 15 Publicly-Listed Specialty Retail Companies 0.69x
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 .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.55x ÷ 5.4%

2.12x

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

  • Byggmax Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Byggmax Group's assets?
Raw Data
BATS-CHIXE:BMAXs PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK24.60
OM:BMAX Share Price * OM (2020-04-06) in SEK SEK26.84
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry PB Ratio Median Figure of 36 Publicly-Listed Specialty Retail Companies 0.61x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:BMAXs PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 26.84 ÷ 24.60

1.09x

* Primary Listing of Byggmax Group.

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

  • Byggmax Group is overvalued based on assets compared to the GB Specialty Retail industry average.
X
Value checks
We assess Byggmax Group'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 Specialty Retail 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 Specialty Retail industry average (and greater than 0)? (1 check)
  5. Byggmax Group has a total score of 1/6, 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.

BMAXs Future Performance

 How is Byggmax Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
5.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Byggmax Group expected to grow at an attractive rate?
  • Byggmax Group's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Byggmax Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Byggmax Group'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:BMAXs Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:BMAXs Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 5.4%
BATS-CHIXE:BMAXs Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.5%
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
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:BMAXs Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 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:BMAXs Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 5,882 663 167 1
2021-12-31 5,634 712 156 1
2020-12-31 5,479 676 148 1
2020-04-07
BATS-CHIXE:BMAXs Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 5,277 298 142
2019-09-30 5,326 402 147
2019-06-30 5,226 576 125
2019-03-31 5,158 434 135
2018-12-31 5,108 390 138
2018-09-30 5,059 333 94
2018-06-30 5,159 302 132
2018-03-31 5,204 301 168
2017-12-31 5,321 302 195
2017-09-30 5,346 314 310
2017-06-30 5,301 300 310
2017-03-31 5,264 350 291

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Byggmax Group's earnings are expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
  • Byggmax Group's revenue is expected to grow by 3.5% 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:BMAXs 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 1 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:BMAXs Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.74 2.74 2.74 1.00
2021-12-31 2.55 2.55 2.55 1.00
2020-12-31 2.42 2.42 2.42 1.00
2020-04-07
BATS-CHIXE:BMAXs Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 2.32
2019-09-30 2.41
2019-06-30 2.05
2019-03-31 2.21
2018-12-31 2.26
2018-09-30 1.54
2018-06-30 2.16
2018-03-31 2.75
2017-12-31 3.20
2017-09-30 5.09
2017-06-30 5.10
2017-03-31 4.79

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

BMAXs Past Performance

  How has Byggmax Group 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 Byggmax Group's growth in the last year to its industry (Specialty Retail).
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.
  • Byggmax Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Byggmax Group's 1-year earnings growth exceeds its 5-year average (3.1% vs -13.5%)
  • Byggmax Group's earnings growth has exceeded the GB Specialty Retail industry average in the past year (3.1% vs 1.5%).
Earnings and Revenue History
Byggmax Group'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 Byggmax Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:BMAXs 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 5,277.40 141.80 1,006.80
2019-09-30 5,326.10 147.00 440.30
2019-06-30 5,225.70 125.00 488.40
2019-03-31 5,157.80 135.00 1,175.80
2018-12-31 5,107.70 137.60 600.60
2018-09-30 5,059.30 93.70 557.00
2018-06-30 5,159.40 131.90 601.50
2018-03-31 5,204.00 167.80 579.40
2017-12-31 5,321.40 194.60 557.60
2017-09-30 5,346.10 309.60 593.70
2017-06-30 5,301.10 309.90 537.80
2017-03-31 5,264.00 291.20 531.50
2016-12-31 5,219.30 284.60 526.70
2016-09-30 5,083.70 254.20 811.70
2016-06-30 4,743.10 235.00 744.40
2016-03-31 4,299.00 218.50 646.40
2015-12-31 4,131.10 259.80 571.80
2015-09-30 3,987.20 264.30 575.90
2015-06-30 3,788.10 241.00 542.30
2015-03-31 3,630.30 214.90 529.10
2014-12-31 3,547.20 217.90 511.00
2014-09-30 3,485.00 213.00 352.90
2014-06-30 3,432.20 214.10 342.40
2014-03-31 3,271.40 193.30 327.60
2013-12-31 3,216.40 184.00 309.10
2013-09-30 3,171.10 194.40 312.60
2013-06-30 3,088.90 177.10 291.80

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

BMAXs Health

 How is Byggmax Group'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 Byggmax Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Byggmax Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Byggmax Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Byggmax Group'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 not covered by short term assets, assets are 0.9x 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 Byggmax Group Company Filings, last reported 3 months ago.

BATS-CHIXE:BMAXs Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,500.80 1,242.10 32.00
2019-09-30 1,526.80 867.40 46.00
2019-06-30 1,381.60 663.20 100.10
2019-03-31 1,288.00 2,712.70 71.60
2018-12-31 1,346.40 1,150.90 52.50
2018-09-30 1,371.20 958.40 87.10
2018-06-30 1,240.30 934.80 84.10
2018-03-31 1,284.70 1,351.30 62.20
2017-12-31 1,358.80 1,217.80 40.10
2017-09-30 1,419.70 927.40 69.80
2017-06-30 1,243.10 882.40 63.40
2017-03-31 1,248.30 1,326.70 48.10
2016-12-31 1,302.20 1,224.70 34.00
2016-09-30 1,256.10 958.70 53.40
2016-06-30 1,074.90 1,001.50 155.00
2016-03-31 1,087.20 1,403.30 48.30
2015-12-31 1,142.00 348.40 31.70
2015-09-30 1,118.40 203.30 269.70
2015-06-30 971.40 189.00 55.10
2015-03-31 1,031.40 449.10 37.00
2014-12-31 1,047.60 475.80 30.90
2014-09-30 1,021.10 358.70 41.50
2014-06-30 889.20 293.10 52.60
2014-03-31 956.90 509.10 40.30
2013-12-31 970.00 491.30 33.10
2013-09-30 945.40 328.80 41.10
2013-06-30 818.30 400.90 81.20
  • Byggmax Group's level of debt (82.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (45.4% vs 82.8% today).
  • Debt is well covered by operating cash flow (24%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.6x coverage).
X
Financial health checks
We assess Byggmax Group'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. Byggmax Group has a total score of 2/6, 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.

BMAXs Dividends

 What is Byggmax Group'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 Byggmax Group dividends. Estimated to be 4.79% next year.
If you bought SEK2,000 of Byggmax Group 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 Byggmax Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Byggmax Group'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:BMAXs 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 4.7%
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:BMAXs Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 1.37 1.00
2021-12-31 1.28 1.00
2020-12-31 1.21 1.00
2020-04-07
BATS-CHIXE:BMAXs Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-03-19 0.000 0.000
2019-10-21 0.000 0.000
2019-07-15 0.000 0.000
2019-04-17 0.000 0.000
2019-01-25 0.000 0.000
2018-04-06 2.500 6.550
2017-05-10 2.400 4.218
2016-04-05 2.140 3.412
2015-03-27 2.600 3.734
2014-04-04 2.300 4.392
2013-04-15 2.000 4.584
2012-04-04 1.800 5.284
2012-01-26 1.800 4.741
2011-04-01 1.500 4.375

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

  • Unable to perform a dividend volatility check as Byggmax Group has not reported any payouts.
  • Unable to verify if Byggmax Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Byggmax Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Byggmax Group has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Byggmax Group'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 Byggmax Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Byggmax Group 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.

BMAXs Management

 What is the CEO of Byggmax Group'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
Mattias Ankarberg
COMPENSATION SEK6,600,000
AGE 43
TENURE AS CEO 3.4 years
CEO Bio

Mr. Mattias Ankarberg has been the Chief Executive Officer and President at Byggmax Group AB (publ) since November 14, 2016. Mr. Ankarberg serves as a Director of Thule Group AB (publ) since 2018. He served as the Head of Sales & Marketing at H & M Hennes & Mauritz AB (publ) since September 2013. Mr. Ankarberg has for the last seven years worked at H&M, most recently as global head of sales and marketing. He has broad retail experience, including international expansion, e-commerce and realizing new ideas. He previously worked for McKinsey & Company in Sweden and USA as an advisor on similar topics. Now he wants to apply his experience in Byggmax. From 2013 to 2016, he served at H&M, Stockholm, Sweden – Global Head of Sales & Marketing (global responsible for H&M’s sales and marketing). He served at H&M at Head of Online (responsible for H&M’s global e-commerce) from 2012 to 2013. From 2010 to 2012, he served as H&M – Head of Store Development (responsible for department that creates H&M’s stores). From 2009 to 2010, he served at H&M – Controlling & Business Development, Global Expansion (worked with H&M’s international expansion.). From 2001 to 2009, he served at McKinsey & Company, Stockholm, Sweden and Boston, USA (management consultant). He holds M. Sc. in Business and Adminstration, Stockholm School of Economics (Sweden). Exchange student at R. Ivey School of Business, University of Western Ontario (Canada).

CEO Compensation
  • Mattias's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mattias'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 Byggmax Group management team in years:

2.5
Average Tenure
43
Average Age
  • The tenure for the Byggmax Group management team is about average.
Management Team

Mattias Ankarberg

TITLE
President & CEO
COMPENSATION
SEK7M
AGE
43
TENURE
3.4 yrs

Helena Nathhorst

TITLE
Chief Financial Officer
AGE
52
TENURE
0.3 yrs

Oskar Röös

TITLE
Chief Information Officer
AGE
41
TENURE
2.3 yrs

Sarah König

TITLE
Head of Group Expansion
AGE
45
TENURE
2.5 yrs

Johan Quist

TITLE
Head of Byggmax Marketing & Store concept
AGE
34
TENURE
3.3 yrs

Niklas Hamberg

TITLE
Head of Supply Chain

Jonatan Schwamberg

TITLE
President of Buildor AB
AGE
36

Oscar Tjärnberg

TITLE
Chief Executive Officer of Skã¥Nska Byggvaror Division
AGE
47
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure and age of the Byggmax Group board of directors in years:

2.9
Average Tenure
52
Average Age
  • The average tenure for the Byggmax Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Anders Moberg

TITLE
Chairman
COMPENSATION
SEK600K
AGE
69
TENURE
4.9 yrs

Hannele Kemppainen

TITLE
Independent Director
COMPENSATION
SEK300K
AGE
49
TENURE
4.9 yrs

Daniel Mühlbach

TITLE
Independent Director
COMPENSATION
SEK300K
AGE
45
TENURE
4.9 yrs

Ullrika Eliasson

TITLE
Independent Director
COMPENSATION
SEK300K
AGE
52
TENURE
3.9 yrs

Per Strömberg

TITLE
Independent Director
COMPENSATION
SEK200K
AGE
56
TENURE
1.9 yrs

Kjersti Helen Hobøl

TITLE
Director
TENURE
0.9 yrs

Gunilla Spongh

TITLE
Director
AGE
53
TENURE
0.9 yrs

Anders Berg

TITLE
Director
AGE
47
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Byggmax Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
20. Mar 20 Buy Johan Quist Individual 20. Mar 20 20. Mar 20 2,500 SEK21.50 SEK53,719
20. Mar 20 Buy Oscar Tjärnberg Individual 20. Mar 20 20. Mar 20 24,500 SEK21.70 SEK531,650
18. Mar 20 Buy Marcus Essesjö Individual 18. Mar 20 18. Mar 20 3,000 SEK22.90 SEK68,700
13. Mar 20 Buy Oskar Röös Individual 12. Mar 20 12. Mar 20 2,000 SEK22.90 SEK45,800
13. Mar 20 Buy Ullrika Eliasson Individual 12. Mar 20 12. Mar 20 2,000 SEK24.20 SEK48,400
12. Mar 20 Buy Per Haraldsson Individual 12. Mar 20 12. Mar 20 17,000 SEK22.88 SEK388,960
10. Mar 20 Buy Daniel Mühlbach Individual 10. Mar 20 10. Mar 20 6,000 SEK24.97 SEK149,840
27. Feb 20 Buy Oscar Tjärnberg Individual 27. Feb 20 27. Feb 20 15,000 SEK26.00 SEK390,000
28. Jan 20 Buy Per Haraldsson Individual 28. Jan 20 28. Jan 20 13,233 SEK29.50 SEK390,373
31. Oct 19 Buy Oscar Tjärnberg Individual 30. Oct 19 30. Oct 19 13,000 SEK26.50 SEK344,500
25. Oct 19 Buy Mattias Ankarberg Individual 25. Oct 19 25. Oct 19 15,000 SEK26.95 SEK404,250
21. Oct 19 Buy Per Haraldsson Individual 21. Oct 19 21. Oct 19 10,000 SEK29.86 SEK298,600
09. Sep 19 Buy Per Strömberg Individual 09. Sep 19 09. Sep 19 13,000 SEK31.03 SEK403,342
15. Jul 19 Buy Marcus Essesjö Individual 15. Jul 19 15. Jul 19 1,000 SEK35.48 SEK35,480
X
Management checks
We assess Byggmax Group'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. Byggmax Group 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.

BMAXs News

Simply Wall St News

BMAXs Company Info

Description

Byggmax Group AB (publ) sells building materials for common maintenance and DIY projects. The company offers building materials, such as lumber, insulation, sheets, boards, flooring, dry-wall, cement, windows, doors, and paints. As of March 25, 2020, it operated 109 stores in Sweden, 42 stores in Norway, and 10 stores in Finland. The company also offers its products online. Byggmax Group AB (publ) was founded in 1993 and is headquartered in Solna, Sweden.

Details
Name: Byggmax Group AB (publ)
BMAXs
Exchange: BATS-CHIXE
Founded: 1993
SEK1,553,035,685
60,999,045
Website: http://www.byggmax.se
Address: Byggmax Group AB (publ)
Armégatan 38,
Solna,
Stockholm County, 171 71,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM BMAX Common Shares OMX Nordic Exchange Stockholm SE SEK 02. Jun 2010
DB BYY Common Shares Deutsche Boerse AG DE EUR 02. Jun 2010
LSE 0MR4 Common Shares London Stock Exchange GB SEK 02. Jun 2010
BATS-CHIXE BMAXs Common Shares BATS 'Chi-X Europe' GB SEK 02. Jun 2010
Number of employees
Current staff
Staff numbers
992
Byggmax Group employees.
Industry
Home Improvement Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:10
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/03
Last earnings filing: 2020/01/28
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.