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Swedol

BATS-CHIXE:SWOLBs
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SWOLBs
BATS-CHIXE
SEK4B
Market Cap
  1. Home
  2. GB
  3. Retail
Company description

Swedol AB provides clothing and protection, and tools and supplies for construction and civil engineering, industry and workshop, haulage and transport, agriculture and forestry, and public service industries. The last earnings update was 19 days ago. More info.


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SWOLBs Share Price and Events
7 Day Returns
0.1%
BATS-CHIXE:SWOLBs
-0.9%
GB Specialty Retail
0.1%
GB Market
1 Year Returns
22.7%
BATS-CHIXE:SWOLBs
-31.7%
GB Specialty Retail
-23.6%
GB Market
SWOLBs Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Swedol (SWOLBs) 0.1% 0.3% -0.2% 22.7% 60.2% 179.8%
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
  • SWOLBs outperformed the Specialty Retail industry which returned -31.7% over the past year.
  • SWOLBs outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
SWOLBs
Industry
5yr Volatility vs Market

Value

 Is Swedol 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 Swedol 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 Swedol.

BATS-CHIXE:SWOLBs Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 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:SWOLBs
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%) (27.06%))
1.007
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.007 * 5.44%)
6.01%

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

The calculations below outline how an intrinsic value for Swedol 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:SWOLBs DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.01%)
2020 173.00 Analyst x1 163.20
2021 707.00 Analyst x1 629.16
2022 528.00 Analyst x1 443.24
2023 430.21 Est @ -18.52% 340.69
2024 375.12 Est @ -12.81% 280.23
2025 342.09 Est @ -8.8% 241.08
2026 321.55 Est @ -6% 213.77
2027 308.55 Est @ -4.04% 193.50
2028 300.31 Est @ -2.67% 177.66
2029 295.17 Est @ -1.71% 164.73
Present value of next 10 years cash flows SEK2,847.00
BATS-CHIXE:SWOLBs DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK295.17 × (1 + 0.53%) ÷ (6.01% – 0.53%)
SEK5,418.76
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK5,418.76 ÷ (1 + 6.01%)10
SEK3,024.08
BATS-CHIXE:SWOLBs Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK2,847.00 + SEK3,024.08
SEK5,871.08
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK5,871.08 / 83.20
SEK70.57
BATS-CHIXE:SWOLBs Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:SWOLBs represents 0.99785x of OM:SWOL B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99785x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 70.57 x 0.99785
SEK70.41
Value per share (SEK) From above. SEK70.41
Current discount Discount to share price of SEK46.45
= -1 x (SEK46.45 - SEK70.41) / SEK70.41
34%

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

Current Discount
Amount off the current price Swedol is available for.
Intrinsic value
34%
Share price is SEK46.45 vs Future cash flow value of SEK70.41
Current Discount Checks
For Swedol to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Swedol's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Swedol'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 Swedol's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Swedol's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:SWOLBs PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK2.85
OM:SWOL B Share Price ** OM (2020-04-03) in SEK SEK46.55
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 Swedol.

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

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

= 46.55 ÷ 2.85

16.34x

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

  • Swedol is overvalued based on earnings compared to the GB Specialty Retail industry average.
  • Swedol is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Swedol's expected growth come at a high price?
Raw Data
BATS-CHIXE:SWOLBs PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
13.6%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:SWOLBs PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.34x ÷ 13.6%

1.2x

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

  • Swedol is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Swedol's assets?
Raw Data
BATS-CHIXE:SWOLBs PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK16.93
OM:SWOL B Share Price * OM (2020-04-03) in SEK SEK46.55
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:SWOLBs PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 46.55 ÷ 16.93

2.75x

* Primary Listing of Swedol.

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

  • Swedol is overvalued based on assets compared to the GB Specialty Retail industry average.
X
Value checks
We assess Swedol'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. Swedol 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.

Future Performance

 How is Swedol 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
13.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Swedol expected to grow at an attractive rate?
  • Swedol's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Swedol's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Swedol'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:SWOLBs Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:SWOLBs Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 13.6%
BATS-CHIXE:SWOLBs Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.3%
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:SWOLBs 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:SWOLBs Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 4,384 594 356 1
2021-12-31 4,072 768 318 1
2020-12-31 3,849 333 273 1
BATS-CHIXE:SWOLBs Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 3,622 306 237
2019-09-30 3,533 189 258
2019-06-30 3,424 175 263
2019-03-31 3,342 172 266
2018-12-31 3,241 265 252
2018-09-30 3,192 348 234
2018-06-30 3,163 367 225
2018-03-31 3,099 291 205
2017-12-31 3,067 239 207
2017-09-30 3,003 144 185
2017-06-30 2,933 136 161
2017-03-31 2,679 134 140

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Swedol's earnings are expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).
  • Swedol's revenue is expected to grow by 6.3% 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:SWOLBs 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 Swedol Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SWOLBs Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 4.28 4.28 4.28 1.00
2021-12-31 3.82 3.82 3.82 1.00
2020-12-31 3.28 3.28 3.28 1.00
BATS-CHIXE:SWOLBs Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 2.85
2019-09-30 3.10
2019-06-30 3.16
2019-03-31 3.20
2018-12-31 3.03
2018-09-30 2.81
2018-06-30 2.70
2018-03-31 2.47
2017-12-31 2.49
2017-09-30 2.68
2017-06-30 2.34
2017-03-31 2.03

*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.
  • Swedol is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Swedol'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.
Swedol 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 Swedol 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 Swedol'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.
  • Swedol has delivered over 20% year on year earnings growth in the past 5 years.
  • Swedol's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Swedol's 1-year earnings growth is negative, it can't be compared to the GB Specialty Retail industry average.
Earnings and Revenue History
Swedol'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 Swedol Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SWOLBs 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 3,622.10 237.00 1,154.10
2019-09-30 3,532.90 258.20 1,114.80
2019-06-30 3,424.30 262.60 1,075.20
2019-03-31 3,342.10 266.40 1,041.40
2018-12-31 3,241.30 252.30 1,017.50
2018-09-30 3,192.20 233.50 1,008.00
2018-06-30 3,163.00 225.00 985.70
2018-03-31 3,099.00 205.20 958.40
2017-12-31 3,067.10 207.20 936.30
2017-09-30 3,003.20 184.60 938.10
2017-06-30 2,932.60 161.30 920.70
2017-03-31 2,679.10 139.50 851.80
2016-12-31 2,371.20 127.00 749.90
2016-09-30 1,966.40 65.70 638.30
2016-06-30 1,698.70 56.20 570.00
2016-03-31 1,568.80 46.40 539.60
2015-12-31 1,540.00 42.30 532.80
2015-09-30 1,477.70 47.00 492.70
2015-06-30 1,449.80 43.30 484.20
2015-03-31 1,403.30 39.80 466.90
2014-12-31 1,383.30 37.40 462.60
2014-09-30 1,395.70 41.10 456.70
2014-06-30 1,394.20 32.10 464.60
2014-03-31 1,401.90 26.80 462.90
2013-12-31 1,379.60 19.40 462.00
2013-09-30 1,357.20 19.40 467.20
2013-06-30 1,329.80 19.90 460.50

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

Health

 How is Swedol'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 Swedol's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Swedol is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Swedol's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Swedol's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x 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 Swedol Company Filings, last reported 3 months ago.

BATS-CHIXE:SWOLBs Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,408.60 488.80 40.30
2019-09-30 1,332.60 631.70 37.50
2019-06-30 1,269.90 567.50 55.80
2019-03-31 1,303.70 544.80 134.30
2018-12-31 1,255.50 545.50 234.10
2018-09-30 1,161.20 585.80 257.70
2018-06-30 1,116.80 586.30 319.80
2018-03-31 1,109.80 626.90 375.40
2017-12-31 1,080.00 627.00 303.60
2017-09-30 994.70 667.60 149.10
2017-06-30 944.20 666.90 171.70
2017-03-31 948.10 705.30 253.00
2016-12-31 930.20 705.00 230.00
2016-09-30 863.10 704.10 122.50
2016-06-30 525.60 900.10 38.00
2016-03-31 489.60 99.90 2.10
2015-12-31 512.50 84.80 3.30
2015-09-30 509.10 88.40 2.30
2015-06-30 494.80 112.20 2.60
2015-03-31 508.10 101.90 2.30
2014-12-31 503.00 105.60 2.80
2014-09-30 494.70 153.80 1.90
2014-06-30 479.60 146.10 2.30
2014-03-31 476.90 153.80 4.60
2013-12-31 476.30 153.50 4.70
2013-09-30 460.60 199.40 4.60
2013-06-30 461.60 186.50 3.10
  • Swedol's level of debt (34.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (21% vs 34.7% today).
  • Debt is well covered by operating cash flow (62.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 17.7x coverage).
X
Financial health checks
We assess Swedol'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. Swedol has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Swedol'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
2.58%
Current annual income from Swedol dividends. Estimated to be 2.01% next year.
If you bought SEK2,000 of Swedol shares you are expected to receive SEK52 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?
  • Swedol's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • Swedol's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:SWOLBs 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:SWOLBs Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 1.40 1.00
2020-12-31 1.40 1.00
BATS-CHIXE:SWOLBs Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-03-19 1.200 2.600
2020-02-14 1.200 2.612
2019-03-20 1.200 3.012
2019-02-15 1.200 3.273
2018-03-21 0.900 2.841
2018-02-16 0.900 2.735
2017-03-08 0.500 1.657
2017-02-16 0.500 1.806
2016-02-24 0.450 1.994
2016-02-16 0.450 2.672
2015-04-23 0.350 1.831
2015-02-18 0.350 2.075
2014-04-23 0.200 1.046
2014-02-19 0.200 0.955
2013-04-24 0.350 1.793
2013-02-20 0.350 1.883
2012-04-17 0.550 2.194
2012-02-22 0.550 1.863
2011-06-01 0.500 1.801
2011-02-22 0.500 1.474
2010-02-26 0.325 1.364

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Swedol's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (1149.4x coverage).
X
Income/ dividend checks
We assess Swedol'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 Swedol afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Swedol has a total score of 3/6, 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 Swedol'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
Clein Ullenvik
COMPENSATION SEK4,324,000
AGE 53
CEO Bio

Mr. Clein Johansson Ullenvik serves as the Chief Executive Officer and President of Swedol AB.

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

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

2.8
Average Tenure
46
Average Age
  • The tenure for the Swedol management team is about average.
Management Team

Clein Ullenvik

TITLE
CEO & President
COMPENSATION
SEK4M
AGE
53

Irene Bellander

TITLE
Chief Financial Officer
AGE
46
TENURE
2.8 yrs

Ulf Eriksson

TITLE
IT Manager
AGE
55
TENURE
3.3 yrs

Peter Söderberg

TITLE
Head of Business Development
AGE
46
TENURE
3.9 yrs

Ann Gårdmark

TITLE
HR Manager
AGE
53
TENURE
1.3 yrs

Pontus Glasberg

TITLE
Head of Logistics
AGE
41
TENURE
7.3 yrs

Håkan Wanselius

TITLE
Head of Concept and Assortment Development
AGE
57

Magnus Lyckamn

TITLE
Head of Workwear and Personal Protection Division
AGE
43
TENURE
1.6 yrs

Erik Kahlin

TITLE
Chief Digital Officer
AGE
39
TENURE
1.6 yrs
Board of Directors Tenure

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

5.3
Average Tenure
44
Average Age
  • The tenure for the Swedol board of directors is about average.
Board of Directors

Lars Lindgren

TITLE
Chairman Of Board
COMPENSATION
SEK220K
AGE
44
TENURE
3.3 yrs

Christina Åqvist

TITLE
Director
COMPENSATION
SEK170K
AGE
41
TENURE
5.3 yrs

Peter Hofvenstam

TITLE
Member of the Board of Directors
COMPENSATION
SEK170K
AGE
54
TENURE
5.3 yrs

Leif Reinholdsson

TITLE
Director
COMPENSATION
SEK267K
AGE
66
TENURE
5.3 yrs

Staffan Andersson

TITLE
Director
AGE
43
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
14. Nov 19 Buy Staffan Andersson Individual 12. Aug 19 12. Aug 19 2,222 SEK36.00 SEK79,992
16. Aug 19 Buy Håkan Wanselius Individual 06. Aug 19 06. Aug 19 6,000 SEK36.00 SEK216,000
11. Aug 19 Buy Irene Bellander Individual 09. Aug 19 09. Aug 19 500 SEK35.85 SEK17,925
04. Aug 19 Buy Irene Bellander Individual 02. Aug 19 02. Aug 19 300 SEK37.03 SEK11,109
29. Jul 19 Buy Irene Bellander Individual 26. Jul 19 29. Jul 19 700 SEK36.87 SEK25,734
X
Management checks
We assess Swedol'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. Swedol 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

Swedol AB provides clothing and protection, and tools and supplies for construction and civil engineering, industry and workshop, haulage and transport, agriculture and forestry, and public service industries. It offers products in various categories, such as tools and machines; mounting, screwing, and locking; vehicles and garage; electricity and lighting; oils, chemicals, and vehicle care; hydraulics and hose; heating, ventilation, and sanitation; lift and load; garden and leisure; and fire protection and workplace equipment. The company provides services for construction machinery, trucks, agricultural machinery, marine, and other industry; hose pressing; tool calibration; clothes press; fotskanning; and spare parts, as well as workshops for chains. It operates Web stores and 100 retail stores in Sweden, Norway, Finland, and Estonia under the Swedol, Grolls, Univern, and Nima brands. The company was formerly known as Hydraulprodukter Swedol AB and changed its name to Swedol AB in 2000. Swedol AB was founded in 1963 and is headquartered in Tyreso, Sweden.

Details
Name: Swedol AB
SWOLBs
Exchange: BATS-CHIXE
Founded: 1963
SEK3,868,800,000
83,200,000
Website: http://www.swedol.se
Address: Swedol AB
Box 631,
Tyreso,
Södermanland County, 135 26,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM SWOL B Series B Shares OMX Nordic Exchange Stockholm SE SEK 13. Jun 2006
DB 4PS Series B Shares Deutsche Boerse AG DE EUR 13. Jun 2006
LSE 0JE9 Series B Shares London Stock Exchange GB SEK 13. Jun 2006
BATS-CHIXE SWOLBs Series B Shares BATS 'Chi-X Europe' GB SEK 13. Jun 2006
Number of employees
Current staff
Staff numbers
0
Swedol employees.
Industry
Home Improvement Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 19:45
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/02/17
Last earnings filing: 2020/03/19
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.