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Hanza Holding

BATS-CHIXE:HANZAS
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HANZAS
BATS-CHIXE
SEK394M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Hanza Holding AB (publ) provides manufacturing solutions in Sweden, Finland, Estonia, Poland, the Czech Republic, and China. The last earnings update was 51 days ago. More info.


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  • Hanza Holding has significant price volatility in the past 3 months.
HANZAS Share Price and Events
7 Day Returns
-2.3%
BATS-CHIXE:HANZAS
3.9%
GB Electronic
5.3%
GB Market
1 Year Returns
-
BATS-CHIXE:HANZAS
-4.5%
GB Electronic
-21.5%
GB Market
HANZAS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hanza Holding (HANZAS) -2.3% -33% -38.2% - - -
GB Electronic 3.9% -1.8% -14.1% -4.5% 23.7% 66.2%
GB Market 5.3% -6.5% -25.2% -21.5% -22.4% -21.9%
1 Year Return vs Industry and Market
  • No trading data on HANZAS.
  • No trading data on HANZAS.
Price Volatility
HANZAS
Industry
5yr Volatility vs Market
Related Companies

HANZAS Value

 Is Hanza Holding 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 Hanza Holding 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 Hanza Holding.

BATS-CHIXE:HANZAS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.3%
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:HANZAS
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))
= 1.104 (1 + (1- 22%) (127.13%))
1.803
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.803 * 5.44%)
10.34%

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

The calculations below outline how an intrinsic value for Hanza Holding 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:HANZAS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 10.34%)
2020 122.00 Analyst x2 110.57
2021 93.33 Analyst x3 76.67
2022 89.50 Analyst x2 66.63
2023 87.22 Est @ -2.54% 58.85
2024 85.81 Est @ -1.62% 52.47
2025 84.97 Est @ -0.98% 47.09
2026 84.53 Est @ -0.52% 42.46
2027 84.35 Est @ -0.21% 38.40
2028 84.36 Est @ 0.01% 34.81
2029 84.51 Est @ 0.17% 31.60
Present value of next 10 years cash flows SEK559.00
BATS-CHIXE:HANZAS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK84.51 × (1 + 0.53%) ÷ (10.34% – 0.53%)
SEK866.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK866.32 ÷ (1 + 10.34%)10
SEK323.96
BATS-CHIXE:HANZAS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK559.00 + SEK323.96
SEK882.96
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK882.96 / 33.98
SEK25.98
BATS-CHIXE:HANZAS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:HANZAS represents 0.93535x of OM:HANZA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93535x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 25.98 x 0.93535
SEK24.30
Value per share (SEK) From above. SEK24.30
Current discount Discount to share price of SEK10.85
= -1 x (SEK10.85 - SEK24.30) / SEK24.30
55.4%

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

Current Discount
Amount off the current price Hanza Holding is available for.
Intrinsic value
>50%
Share price is SEK10.85 vs Future cash flow value of SEK24.3
Current Discount Checks
For Hanza Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hanza Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hanza Holding'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 Hanza Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hanza Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:HANZAS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK0.73
OM:HANZA Share Price ** OM (2020-04-08) in SEK SEK11.6
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 17.3x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 13.27x

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

** Primary Listing of Hanza Holding.

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

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

= 11.6 ÷ 0.73

15.79x

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

  • Hanza Holding is good value based on earnings compared to the GB Electronic industry average.
  • Hanza Holding is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Hanza Holding's expected growth come at a high price?
Raw Data
BATS-CHIXE:HANZAS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
30.3%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.04x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 513 Publicly-Listed Companies 1.03x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.79x ÷ 30.3%

0.52x

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

  • Hanza Holding is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Hanza Holding's assets?
Raw Data
BATS-CHIXE:HANZAS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK14.65
OM:HANZA Share Price * OM (2020-04-08) in SEK SEK11.6
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 1,322 Publicly-Listed Companies 1.13x
BATS-CHIXE:HANZAS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 11.6 ÷ 14.65

0.79x

* Primary Listing of Hanza Holding.

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

  • Hanza Holding is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Hanza Holding'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. Hanza Holding has a total score of 5/6, 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.

HANZAS Future Performance

 How is Hanza Holding expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
30.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hanza Holding expected to grow at an attractive rate?
  • Hanza Holding's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Hanza Holding's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Hanza Holding'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:HANZAS Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:HANZAS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 30.3%
BATS-CHIXE:HANZAS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 6.3%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
BATS-CHIXE:HANZAS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 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:HANZAS Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 2,684 1
2022-12-31 2,564 183 65 2
2021-12-31 2,482 164 59 4
2020-12-31 2,370 157 44 3
2020-04-09
BATS-CHIXE:HANZAS Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 2,068 122 24
2019-09-30 1,953 153 8
2019-06-30 1,868 138 18
2019-03-31 1,870 141 21
2018-12-31 1,811 114 21
2018-09-30 1,736 93 32
2018-06-30 1,629 97 25
2018-03-31 1,488 48 22
2017-12-31 1,400 72 16
2017-09-30 1,371 72 11
2017-06-30 1,342 45 5
2017-03-31 1,317 69 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hanza Holding's earnings are expected to grow significantly at over 20% yearly.
  • Hanza Holding'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:HANZAS 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 4 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:HANZAS Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 1.93 2.34 1.51 2.00
2021-12-31 1.74 2.34 1.23 4.00
2020-12-31 1.30 1.71 1.06 3.00
2020-04-09
BATS-CHIXE:HANZAS Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 0.73
2019-09-30 0.27
2019-06-30 0.61
2019-03-31 0.72
2018-12-31 0.75
2018-09-30 1.21
2018-06-30 1.02
2018-03-31 0.96
2017-12-31 0.74
2017-09-30 0.48
2017-06-30 0.21
2017-03-31 -0.01

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

HANZAS Past Performance

  How has Hanza Holding 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 Hanza Holding'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.
  • Hanza Holding has delivered over 20% year on year earnings growth in the past 5 years.
  • Hanza Holding's 1-year earnings growth is less than its 5-year average (13.5% vs 26%)
  • Hanza Holding's earnings growth has exceeded the GB Electronic industry average in the past year (13.5% vs 6.9%).
Earnings and Revenue History
Hanza Holding'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 Hanza Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:HANZAS 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 2,067.70 23.60 798.10
2019-09-30 1,952.60 8.40 751.00
2019-06-30 1,868.30 18.20 712.50
2019-03-31 1,869.70 21.10 711.30
2018-12-31 1,810.60 20.80 694.10
2018-09-30 1,735.60 31.80 661.70
2018-06-30 1,628.70 24.90 619.90
2018-03-31 1,488.30 21.90 567.60
2017-12-31 1,399.70 16.40 530.30
2017-09-30 1,370.80 10.50 529.60
2017-06-30 1,342.30 4.50 527.60
2017-03-31 1,317.20 -0.20 527.40
2016-12-31 1,305.80 1.90 529.00
2016-09-30 1,308.20 10.20 518.10
2016-06-30 1,320.60 57.30 514.50
2016-03-31 1,279.00 50.50 487.00
2015-12-31 1,206.40 37.50 458.00
2015-09-30 1,112.90 20.30 430.30
2015-06-30 1,044.00 -33.90 402.40
2015-03-31 1,000.10 -37.20 394.20
2014-12-31 984.60 -33.60 378.30
2014-09-30 986.20 -29.80 370.20
2014-06-30 1,008.10 -20.20 370.70
2014-03-31 1,038.90 -18.30 369.40
2013-12-31 1,035.40 -23.50 375.40

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

HANZAS Health

 How is Hanza Holding'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 Hanza Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hanza Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hanza Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hanza Holding'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 1.8x 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 Hanza Holding Company Filings, last reported 3 months ago.

BATS-CHIXE:HANZAS Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 497.70 362.80 66.70
2019-09-30 498.30 395.00 103.70
2019-06-30 442.00 308.40 85.10
2019-03-31 438.00 337.90 91.60
2018-12-31 410.50 301.80 77.50
2018-09-30 410.20 361.00 72.10
2018-06-30 402.60 351.30 58.00
2018-03-31 388.90 368.90 39.80
2017-12-31 309.30 165.10 56.10
2017-09-30 298.20 198.30 49.30
2017-06-30 298.00 209.00 42.20
2017-03-31 286.00 217.40 42.20
2016-12-31 268.80 209.40 24.10
2016-09-30 274.90 250.50 20.50
2016-06-30 270.30 241.40 29.00
2016-03-31 262.20 272.40 21.80
2015-12-31 254.10 293.00 48.80
2015-09-30 257.60 292.70 32.70
2015-06-30 143.50 223.80 30.80
2015-03-31 136.60 228.20 25.50
2014-12-31 146.30 217.70 32.30
2014-09-30 149.90 158.70 14.80
2014-06-30 158.50 171.10 36.40
2014-03-31 152.10 158.60 23.40
2013-12-31 152.40 178.70 26.20
  • Hanza Holding's level of debt (72.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (140.3% vs 72.9% today).
  • Debt is well covered by operating cash flow (33.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
X
Financial health checks
We assess Hanza Holding'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. Hanza Holding 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.

HANZAS Dividends

 What is Hanza Holding'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
2.16%
Current annual income from Hanza Holding dividends. Estimated to be 4.35% next year.
If you bought SEK2,000 of Hanza Holding shares you are expected to receive SEK43 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?
  • Hanza Holding's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.49%).
  • Hanza Holding's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (6.84%).
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:HANZAS 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 4 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 575 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:HANZAS Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.55 2.00
2021-12-31 0.57 3.00
2020-12-31 0.36 2.00
2020-04-09
BATS-CHIXE:HANZAS Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2020-02-18 0.250 1.888
2019-04-08 0.250 1.571

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

  • It is too early to tell whether Hanza Holding has stable dividend payments.
  • Hanza Holding only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Hanza Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.9x coverage).
X
Income/ dividend checks
We assess Hanza Holding'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 Hanza Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hanza Holding has a total score of 2/6, see the detailed checks below.


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

HANZAS Management

 What is the CEO of Hanza Holding'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
Erik Stenfors
COMPENSATION SEK2,620,000
AGE 53
TENURE AS CEO 12.3 years
CEO Bio

Mr. Erik Stenfors is Founder of Hanza Holding AB (publ) and has been the Chief Executive Officer and President of Hanza Holding AB (publ) since 2008 and serves as its Director. Mr. Stenfors served as Chief Executive Officer of NOTE AB. Mr. Stenfors served as President and Head of Group of Note AB. He serves as Chairman of NOTE Borås, NOTE Components, NOTE Grove, NOTE Norrtelje and NOTE Nyköping- Skänninge. He serves as Deputy Chairman and Director of Note Torsby Ab and NOTE Xperi AB. He serves as Chairman of HANZA Elektromekan AB. Mr. Stenfors served as Director of Note AB since 2000. Mr. Stenfors served as Director of NOTE Norrtelje AB, NOTE Tauragé UA, NOTE Gdansk Sp z o o. and NOTE Lithuania UAB. He served as a Director of Wonderful Times Group AB. He holds ME in Engineering Physics from KTH Kungliga Tekniska Högskolan.

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

5.3
Average Tenure
53.5
Average Age
  • The average tenure for the Hanza Holding management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Erik Stenfors

TITLE
Founder
COMPENSATION
SEK3M
AGE
53
TENURE
12.3 yrs

Lars Åkerblom

TITLE
Executive VP & CFO
AGE
54
TENURE
10.3 yrs

Andreas Nordin

TITLE
Senior VP & COO
AGE
49
TENURE
2.4 yrs

Petra Duprez

TITLE
Senior VP & Head of Human Resources
AGE
54
TENURE
3.3 yrs

Bengt Emesten

TITLE
Head of Sourcing & Logistics and Senior VP
AGE
59
TENURE
7.3 yrs

Thomas Lindström

TITLE
Senior VP & Head of Business Solutions
AGE
47
TENURE
0.1 yrs

Willibald Berger

TITLE
Head of Germany
Board of Directors Tenure

Average tenure and age of the Hanza Holding board of directors in years:

2.3
Average Tenure
59
Average Age
  • The average tenure for the Hanza Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Francesco Franzé

TITLE
Chairman
COMPENSATION
SEK160K
AGE
55
TENURE
0.9 yrs

Gerald Engström

TITLE
Vice Chairman
COMPENSATION
SEK160K
AGE
71
TENURE
0.9 yrs

Håkan Halén

TITLE
Director
COMPENSATION
SEK160K
AGE
65
TENURE
5.3 yrs

Helene Richmond

TITLE
Director
COMPENSATION
SEK160K
AGE
59
TENURE
3.3 yrs

Sofia Axelsson

TITLE
Director
COMPENSATION
SEK110K
AGE
46
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Hanza Holding individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
23. Mar 20 Buy Francesco Franzé Individual 23. Mar 20 23. Mar 20 6,139 SEK10.90 SEK66,915
17. Mar 20 Buy Erik Stenfors Individual 17. Mar 20 17. Mar 20 2,000 SEK12.40 SEK24,800
12. Mar 20 Buy Erik Stenfors Individual 12. Mar 20 12. Mar 20 8,000 SEK12.40 SEK99,200
19. Nov 19 Buy Erik Stenfors Individual 18. Nov 19 18. Nov 19 13,844 SEK15.00 SEK207,468
18. Nov 19 Buy Erik Stenfors Individual 15. Nov 19 15. Nov 19 35,000 SEK15.08 SEK523,817
30. Jul 19 Buy Francesco Franzé Individual 30. Jul 19 30. Jul 19 5,000 SEK15.50 SEK77,500
03. Jun 19 Buy Francesco Franzé Individual 31. May 19 31. May 19 958 SEK16.30 SEK15,615
29. May 19 Buy Francesco Franzé Individual 28. May 19 28. May 19 9,042 SEK16.40 SEK148,289
20. May 19 Buy Gerald Engström Individual 17. May 19 17. May 19 100,000 SEK17.10 SEK1,710,000
X
Management checks
We assess Hanza Holding'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. Hanza Holding 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.

HANZAS News

Simply Wall St News

HANZAS Company Info

Description

Hanza Holding AB (publ) provides manufacturing solutions in Sweden, Finland, Estonia, Poland, the Czech Republic, and China. The company offers cutting, bending, stamping, welding, and powder coating for sheet and heavy mechanics; machining services, such as milling, turning, grinding, EMD, and surface treatment; and PCB assembly services. It also offers cable harnesses solutions comprising cutting, crimping, and marking, as well as assembly of harnesses based on customer requirements; and system integration and box build assembly services, including final assembly of systems, testing, delivery to customer stock, and drop shipments to end customers. In addition, the company produces gas turbines and offshore applications. Additionally, it provides business advisory; and eco design services. Hanza Holding AB (publ) was founded in 2008 and is headquartered in Stocksund, Sweden.

Details
Name: Hanza Holding AB (publ)
HANZAS
Exchange: BATS-CHIXE
Founded: 2008
SEK394,167,164
33,979,928
Website: http://www.hanza.com
Address: Hanza Holding AB (publ)
Brovägen 5,
Stocksund,
Stockholm County, 182 76,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM HANZA Share Capital OMX Nordic Exchange Stockholm SE SEK 19. Jun 2014
BATS-CHIXE HANZAS Share Capital BATS 'Chi-X Europe' GB SEK 19. Jun 2014
Number of employees
Current staff
Staff numbers
1,771
Hanza Holding employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 19:45
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/03/10
Last earnings filing: 2020/02/18
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.