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Beijer Electronics Group

BATS-CHIXE:BELES
Snowflake Description

Good value with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BELES
BATS-CHIXE
SEK1B
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Beijer Electronics Group AB (publ), together with its subsidiaries, provides hardware and software for intelligent automation and data communication solutions worldwide. The last earnings update was 69 days ago. More info.


Add to Portfolio Compare Print
  • Beijer Electronics Group has significant price volatility in the past 3 months.
BELES Share Price and Events
7 Day Returns
21%
BATS-CHIXE:BELES
0%
GB Electronic
1.7%
GB Market
1 Year Returns
-27.2%
BATS-CHIXE:BELES
-5.1%
GB Electronic
-21.8%
GB Market
BELES Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Beijer Electronics Group (BELES) 21% -9.7% -39% -27.2% 3.8% -
GB Electronic 0% -5.2% -14.2% -5.1% 23.9% 64.7%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • BELES underperformed the Electronic industry which returned -5.1% over the past year.
  • BELES underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.8% over the past year.
Price Volatility
BELES
Industry
5yr Volatility vs Market

BELES Value

 Is Beijer Electronics 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 Beijer Electronics 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 Beijer Electronics Group.

BATS-CHIXE:BELES 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 6.3%
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:BELES
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.1 (1 + (1- 22%) (0%))
1.067
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.067 * 5.44%)
6.33%

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

The calculations below outline how an intrinsic value for Beijer Electronics Group 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:BELES DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.33%)
2020 78.00 Analyst x1 73.35
2021 143.00 Analyst x1 126.47
2022 168.00 Analyst x1 139.74
2023 185.67 Est @ 10.52% 145.24
2024 199.64 Est @ 7.52% 146.86
2025 210.47 Est @ 5.42% 145.61
2026 218.79 Est @ 3.96% 142.35
2027 225.20 Est @ 2.93% 137.80
2028 230.18 Est @ 2.21% 132.45
2029 234.10 Est @ 1.71% 126.69
Present value of next 10 years cash flows SEK1,316.00
BATS-CHIXE:BELES DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK234.10 × (1 + 0.53%) ÷ (6.33% – 0.53%)
SEK4,055.70
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK4,055.70 ÷ (1 + 6.33%)10
SEK2,194.81
BATS-CHIXE:BELES Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK1,316.00 + SEK2,194.81
SEK3,510.81
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK3,510.81 / 28.60
SEK122.75
BATS-CHIXE:BELES Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:BELES represents 1.02249x of OM:BELE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.02249x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 122.75 x 1.02249
SEK125.51
Value per share (SEK) From above. SEK125.51
Current discount Discount to share price of SEK40.90
= -1 x (SEK40.90 - SEK125.51) / SEK125.51
67.4%

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

Current Discount
Amount off the current price Beijer Electronics Group is available for.
Intrinsic value
>50%
Share price is SEK40.9 vs Future cash flow value of SEK125.51
Current Discount Checks
For Beijer Electronics Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Beijer Electronics Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Beijer Electronics Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Beijer Electronics Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Beijer Electronics Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:BELES PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK2.27
OM:BELE Share Price ** OM (2020-04-07) in SEK SEK40
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 17.39x
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 Beijer Electronics Group.

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

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

= 40 ÷ 2.27

17.61x

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

  • Beijer Electronics Group is overvalued based on earnings compared to the GB Electronic industry average.
  • Beijer Electronics Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Beijer Electronics Group's expected growth come at a high price?
Raw Data
BATS-CHIXE:BELES PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
30.7%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.08x
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:BELES PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.61x ÷ 30.7%

0.57x

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

  • Beijer Electronics Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Beijer Electronics Group's assets?
Raw Data
BATS-CHIXE:BELES PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK23.93
OM:BELE Share Price * OM (2020-04-07) in SEK SEK40
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 1.89x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:BELES PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 40 ÷ 23.93

1.67x

* Primary Listing of Beijer Electronics Group.

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

  • Beijer Electronics Group is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Beijer Electronics 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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. Beijer Electronics Group has a total score of 4/6, 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.

BELES Future Performance

 How is Beijer Electronics 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
30.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Beijer Electronics Group expected to grow at an attractive rate?
  • Beijer Electronics Group's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Beijer Electronics Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Beijer Electronics 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:BELES Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:BELES Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 30.7%
BATS-CHIXE:BELES Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 7.4%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9.4%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
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:BELES 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:BELES Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 2,130 1
2022-12-31 2,016 324 164 1
2021-12-31 1,895 298 141 1
2020-12-31 1,771 242 87 1
2020-04-08
BATS-CHIXE:BELES Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 1,559 183 65
2019-09-30 1,525 135 65
2019-06-30 1,472 111 57
2019-03-31 1,451 134 54
2018-12-31 1,417 109 44
2018-09-30 1,359 121 30
2018-06-30 1,309 84 17
2018-03-31 1,252 59 7
2017-12-31 1,206 48 -7
2017-09-30 1,170 23 -15
2017-06-30 1,152 24 -85
2017-03-31 1,131 16 -89

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Beijer Electronics Group's earnings are expected to grow significantly at over 20% yearly.
  • Beijer Electronics Group's revenue is expected to grow by 7.4% 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:BELES 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 Beijer Electronics Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:BELES Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 5.69 5.69 5.69 1.00
2021-12-31 4.72 4.72 4.72 1.00
2020-12-31 3.03 3.03 3.03 1.00
2020-04-08
BATS-CHIXE:BELES Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 2.27
2019-09-30 2.27
2019-06-30 2.00
2019-03-31 1.88
2018-12-31 1.52
2018-09-30 1.04
2018-06-30 0.49
2018-03-31 0.22
2017-12-31 -0.24
2017-09-30 -0.59
2017-06-30 -4.49
2017-03-31 -4.65

*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.
  • Beijer Electronics Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Beijer Electronics 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.
Beijer Electronics Group has a total score of 4/6, 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.

BELES Past Performance

  How has Beijer Electronics 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 Beijer Electronics Group's growth in the last year to its industry (Electronic).
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.
  • Beijer Electronics Group's year on year earnings growth rate has been positive over the past 5 years.
  • Beijer Electronics Group's 1-year earnings growth exceeds its 5-year average (49.3% vs 16%)
  • Beijer Electronics Group's earnings growth has exceeded the GB Electronic industry average in the past year (49.3% vs 6.9%).
Earnings and Revenue History
Beijer Electronics 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 Beijer Electronics Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:BELES 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 1,558.70 64.95
2019-09-30 1,524.61 65.05 503.06 135.54
2019-06-30 1,471.68 57.34 503.06 135.54
2019-03-31 1,451.30 54.06 503.06 135.54
2018-12-31 1,417.24 43.52 503.06 135.54
2018-09-30 1,358.63 30.08 443.89 125.63
2018-06-30 1,309.29 16.52 443.89 125.63
2018-03-31 1,252.49 6.76 443.89 125.63
2017-12-31 1,205.91 -6.99 443.89 125.63
2017-09-30 1,169.91 -15.10 473.28 102.74
2017-06-30 1,151.91 -85.28 473.28 102.74
2017-03-31 1,131.22 -88.51 473.28 102.74
2016-12-31 1,121.51 -126.06 473.28 102.74
2016-09-30 1,167.93 -129.68 458.48 121.43
2016-06-30 1,219.12 -48.55 458.48 121.43
2016-03-31 1,303.33 -33.05 458.48 121.43
2015-12-31 1,374.58 23.96 458.48 121.43
2015-09-30 1,407.01 45.47 571.65
2015-06-30 1,419.34 44.88 571.65
2015-03-31 1,407.25 62.03 571.65
2014-12-31 1,401.58 61.73 571.65
2014-09-30 1,402.49 61.03 535.05
2014-06-30 1,413.94 71.48 535.05
2014-03-31 1,394.55 43.55 535.05
2013-12-31 1,376.19 44.22 535.05
2013-09-30 1,350.46 52.22 511.31
2013-06-30 1,341.78 48.67 511.31

*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.
  • Beijer Electronics Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Beijer Electronics Group used its assets less efficiently than the GB Electronic industry average last year based on Return on Assets.
  • Beijer Electronics Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Beijer Electronics 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 Electronic 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.
Beijer Electronics Group has a total score of 4/6, 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.

BELES Health

 How is Beijer Electronics 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 Beijer Electronics Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Beijer Electronics Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Beijer Electronics Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Beijer Electronics 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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are -104.4x 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 Beijer Electronics Group Company Filings, last reported 3 months ago.

BATS-CHIXE:BELES Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 688.68 0.00 121.90
2019-09-30 715.02 0.00 101.97
2019-06-30 682.92 0.00 76.96
2019-03-31 693.13 0.00 112.79
2018-12-31 656.74 374.65 94.49
2018-09-30 646.78 0.00 75.13
2018-06-30 651.60 0.00 88.33
2018-03-31 619.78 0.00 83.24
2017-12-31 591.24 387.32 89.28
2017-09-30 584.67 0.00 70.40
2017-06-30 397.50 0.00 74.44
2017-03-31 429.52 0.00 62.16
2016-12-31 421.16 586.26 107.23
2016-09-30 413.29 0.00 107.68
2016-06-30 469.16 0.00 111.11
2016-03-31 474.72 0.00 93.28
2015-12-31 526.94 514.16 116.64
2015-09-30 532.19 0.00 133.96
2015-06-30 538.43 0.00 131.82
2015-03-31 572.98 0.00 159.69
2014-12-31 502.89 537.44 156.84
2014-09-30 470.00 0.00 130.74
2014-06-30 440.66 0.00 130.59
2014-03-31 407.05 0.00 107.53
2013-12-31 396.16 594.29 147.93
2013-09-30 382.21 551.42 109.75
2013-06-30 371.37 570.14 103.66
  • Unable to establish if Beijer Electronics Group's level of debt is high without past debt data.
  • Unable to establish if Beijer Electronics Group's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Beijer Electronics Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Beijer Electronics 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. Beijer Electronics 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.

BELES Dividends

 What is Beijer Electronics 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 Beijer Electronics Group dividends. Estimated to be 2.7% next year.
If you bought SEK2,000 of Beijer Electronics 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 Beijer Electronics Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Beijer Electronics 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:BELES 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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
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:BELES Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 1.99 1.00
2021-12-31 0.75 1.00
2020-12-31 0.50 1.00
2020-04-08
BATS-CHIXE:BELES Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-03-25 0.000 0.000
2019-04-01 0.500 1.002
2017-10-25 0.000 0.000
2017-07-14 0.000 0.000
2017-04-27 0.000 0.000
2017-04-03 0.000 0.000
2017-01-27 0.000 0.000
2016-03-21 1.250 2.792
2015-04-01 1.250 2.320
2015-01-30 1.250 2.165
2014-04-24 1.250 2.222
2013-04-24 1.250 1.869
2012-04-05 2.250 3.723
2012-02-09 2.250 3.335
2011-04-28 2.000 3.115
2010-04-22 1.333 2.341

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

  • Unable to perform a dividend volatility check as Beijer Electronics Group has not reported any payouts.
  • Unable to verify if Beijer Electronics Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Beijer Electronics Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Beijer Electronics Group has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
X
Income/ dividend checks
We assess Beijer Electronics 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 Beijer Electronics Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Beijer Electronics 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.

BELES Management

 What is the CEO of Beijer Electronics 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
Per Samuelsson
AGE 62
TENURE AS CEO 4.7 years
CEO Bio

Mr. Per Samuelsson has been the Chief Executive Officer and President of Beijer Electronics AB since August 17, 2015. Mr. Samuelsson has for 16 years held a similar position within the Strålfors Group. He was previously listed but was bought out in 2006 by what is today PostNord. He was a member of the Group management of PLM, as Division Manager and has previously held several senior positions within the Perstorp Group. He serves as Chairman of Westermo Teleindustri AB. He holds a B.Sc. He holds an MBA from the Stockholm School of Economics.

CEO Compensation
  • Insufficient data for Per to compare compensation growth.
  • Insufficient data for Per 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 Beijer Electronics Group management team in years:

4.5
Average Tenure
55.5
Average Age
  • The tenure for the Beijer Electronics Group management team is about average.
Management Team

Per Samuelsson

TITLE
President & CEO
AGE
62
TENURE
4.7 yrs

Joakim Laurén

TITLE
Executive VP & CFO
AGE
56
TENURE
4.3 yrs

Tim Webster

TITLE
Senior Vice President of Human Resources
AGE
52

Berndt Köhring

TITLE
Senior Vice President of Asia Pacific - Beijer Electronics Business Entity
AGE
54

Stefan Lager

TITLE
Chief Executive Officer of the Beijer Electronics Business Entity
AGE
57

Jenny Sjödahl

TITLE
Chief Executive Officer of Business Entity Westermo
AGE
46

Wesley Chen

TITLE
Chief Executive Officer of Korenix
AGE
59
TENURE
3.3 yrs

Sven Knutsson

TITLE
Senior VP of Global Operations - Beijer Electronics Business Entity
AGE
55
TENURE
7.2 yrs
Board of Directors Tenure

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

3
Average Tenure
57
Average Age
  • The tenure for the Beijer Electronics Group board of directors is about average.
Board of Directors

Bo Elisson

TITLE
Chairman of the Board
COMPENSATION
SEK550K
AGE
69
TENURE
3 yrs

Ulrika Hagdahl

TITLE
Independent Director
COMPENSATION
SEK225K
AGE
57
TENURE
14.3 yrs

Johan Wester

TITLE
Director
COMPENSATION
SEK255K
AGE
53
TENURE
5 yrs

Karin Gunnarsson

TITLE
Independent Director
AGE
57
TENURE
2 yrs

Lars Eklöf

TITLE
Director
AGE
55
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Beijer Electronics Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
16. Mar 20 Buy Stefan Lager Individual 16. Mar 20 16. Mar 20 1,450 SEK33.50 SEK48,575
11. Feb 20 Buy Johan Wester Individual 11. Feb 20 11. Feb 20 3,300 SEK57.60 SEK190,080
10. Feb 20 Buy Bo Elisson Individual 10. Feb 20 10. Feb 20 5,000 SEK57.80 SEK289,000
16. Jul 19 Buy Stefan Lager Individual 16. Jul 19 16. Jul 19 1,050 SEK48.50 SEK50,925
06. May 19 Buy Berndt Köhring Individual 30. Apr 19 30. Apr 19 2,800 SEK55.00 SEK154,000
06. May 19 Buy Bo Elisson Individual 06. May 19 06. May 19 5,000 SEK53.44 SEK267,200
X
Management checks
We assess Beijer Electronics 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. Beijer Electronics 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.

BELES News

Simply Wall St News

BELES Company Info

Description

Beijer Electronics Group AB (publ), together with its subsidiaries, provides hardware and software for intelligent automation and data communication solutions worldwide. It operates through Beijer Electronics, Westermo, and Korenix segments. It offers operator panels; protocol coverters, IoT gateways, and edge controllers; frequency inverters; servo drives and motors, and motion control products; and network adapter modules, digital input and output modules, analog input and output modules, special and power modules, as well as a range of distributed IOs for hot swap and advanced functions. The company also provides Ethernet switches, PoE switches, 3G/4G routers, wireless access points, media converters and PoE injectors, serial and USB converters, and remote access products, as well as network management software; and industrial power supplies. In addition, it offers automation software under the iX HMI, CODESYS, WARP, and BFI Tools names. The company markets its products to marine and offshore, train, oil and gas, industrial factory automation, and security and surveillance markets under the Beijer Electronics, Westermo, and Korenix brand names. Beijer Electronics Group AB (publ) sells its products through system integrators, original equipment manufacturers, brand label customers, and distributors. The company was founded in 1981 and is headquartered in Malmö, Sweden.

Details
Name: Beijer Electronics Group AB (publ)
BELES
Exchange: BATS-CHIXE
Founded: 1981
SEK1,165,506,194
28,601,379
Website: http://www07.beijerelectronics.com
Address: Beijer Electronics Group AB (publ)
Stora Varvsgatan 13a,
Box 426,
Malmö,
Skåne County, 201 24,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM BELE Ordinary Shares OMX Nordic Exchange Stockholm SE SEK 08. Jun 2000
OTCPK BJRR.F Ordinary Shares Pink Sheets LLC US USD 08. Jun 2000
LSE 0GT8 Ordinary Shares London Stock Exchange GB SEK 08. Jun 2000
BATS-CHIXE BELES Ordinary Shares BATS 'Chi-X Europe' GB SEK 08. Jun 2000
Number of employees
Current staff
Staff numbers
773
Beijer Electronics Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 19:59
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/02/04
Last earnings filing: 2020/01/30
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.