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OEM International

OM:OEM B
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OEM B
OM
SEK6B
Market Cap
  1. Home
  2. SE
  3. Capital Goods
Company description

OEM International AB (publ), together with its subsidiaries, trades in industrial components and systems. The last earnings update was 103 days ago. More info.


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OEM B Share Price and Events
7 Day Returns
0.8%
OM:OEM B
-5.5%
SE Trade Distributors
-2.8%
SE Market
1 Year Returns
26%
OM:OEM B
56.2%
SE Trade Distributors
21.8%
SE Market
OEM B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OEM International (OEM B) 0.8% -2.4% 19.4% 26% 50% 116.2%
SE Trade Distributors -5.5% -0.3% 9.2% 56.2% 100.4% 187.4%
SE Market -2.8% -0.8% 5% 21.8% 15.5% 17.2%
1 Year Return vs Industry and Market
  • OEM B underperformed the Trade Distributors industry which returned 56.2% over the past year.
  • OEM B outperformed the Market in Sweden which returned 21.8% over the past year.
Price Volatility
OEM B
Industry
5yr Volatility vs Market

OEM B Value

 Is OEM International 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 OEM International 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 OEM International.

OM:OEM B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 4.9%
Perpetual Growth Rate 10-Year SE Government Bond Rate -0.4%

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 OM:OEM B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.936 (1 + (1- 22%) (4.17%))
0.978
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.42% + (0.978 * 5.44%)
4.9%

Discounted Cash Flow Calculation for OM:OEM B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for OEM International 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.

OM:OEM B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 4.9%)
2020 272.90 Est @ 15.39% 260.16
2021 301.97 Est @ 10.65% 274.42
2022 324.10 Est @ 7.33% 280.78
2023 340.32 Est @ 5% 281.06
2024 351.81 Est @ 3.38% 276.98
2025 359.68 Est @ 2.24% 269.96
2026 364.86 Est @ 1.44% 261.06
2027 368.08 Est @ 0.88% 251.06
2028 369.89 Est @ 0.49% 240.51
2029 370.70 Est @ 0.22% 229.78
Present value of next 10 years cash flows SEK2,625.00
OM:OEM B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK370.70 × (1 + -0.42%) ÷ (4.9% – -0.42%)
SEK6,940.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK6,940.22 ÷ (1 + 4.9%)10
SEK4,301.93
OM:OEM B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK2,625.00 + SEK4,301.93
SEK6,926.93
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK6,926.93 / 23.11
SEK299.77
OM:OEM B Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK299.77
Current discount Discount to share price of SEK240.00
= -1 x (SEK240.00 - SEK299.77) / SEK299.77
19.9%

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

Current Discount
Amount off the current price OEM International is available for.
Intrinsic value
20%
Share price is SEK240 vs Future cash flow value of SEK299.77
Current Discount Checks
For OEM International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OEM International's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • OEM International'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 OEM International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OEM International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:OEM B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in SEK SEK11.87
OM:OEM B Share Price ** OM (2020-01-28) in SEK SEK240
Sweden Trade Distributors Industry PE Ratio Median Figure of 12 Publicly-Listed Trade Distributors Companies 16.22x
Sweden Market PE Ratio Median Figure of 356 Publicly-Listed Companies 19.42x

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

** Primary Listing of OEM International.

OM:OEM B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 240 ÷ 11.87

20.22x

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

  • OEM International is overvalued based on earnings compared to the SE Trade Distributors industry average.
  • OEM International is overvalued based on earnings compared to the Sweden market.
Price based on expected Growth
Does OEM International's expected growth come at a high price?
Raw Data
OM:OEM B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Sweden Trade Distributors Industry PEG Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 0.9x
Sweden Market PEG Ratio Median Figure of 236 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for OEM International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on OEM International's assets?
Raw Data
OM:OEM B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in SEK SEK43.67
OM:OEM B Share Price * OM (2020-01-28) in SEK SEK240
Sweden Trade Distributors Industry PB Ratio Median Figure of 12 Publicly-Listed Trade Distributors Companies 2.59x
Sweden Market PB Ratio Median Figure of 767 Publicly-Listed Companies 2.89x
OM:OEM B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 240 ÷ 43.67

5.5x

* Primary Listing of OEM International.

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

  • OEM International is overvalued based on assets compared to the SE Trade Distributors industry average.
X
Value checks
We assess OEM International'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. OEM International has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

OEM B Future Performance

 How is OEM International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as OEM International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.8%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OEM International expected to grow at an attractive rate?
  • Unable to compare OEM International's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare OEM International's earnings growth to the Sweden market average as no estimate data is available.
  • Unable to compare OEM International's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OM:OEM B Future Growth Rates Data Sources
Data Point Source Value (per year)
Sweden Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 6.8%
Sweden Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 9.5%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*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
OM:OEM B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:OEM B Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-09-30 3,275 292 274
2019-06-30 3,247 248 266
2019-03-31 3,202 227 264
2018-12-31 3,112 217 248
2018-09-30 3,049 193 255
2018-06-30 2,938 210 237
2018-03-31 2,825 198 220
2017-12-31 2,739 192 214
2017-09-30 2,650 203 217
2017-06-30 2,557 209 214
2017-03-31 2,479 212 213
2016-12-31 2,382 219 201

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if OEM International is high growth as no earnings estimate data is available.
  • Unable to determine if OEM International is high growth as no revenue estimate data is available.
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
OM:OEM B 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 0 Analyst Estimates (S&P Global) See Below

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

OM:OEM B Past Financials Data
Date (Data in SEK Millions) EPS *
2019-09-30 11.87
2019-06-30 11.52
2019-03-31 11.44
2018-12-31 10.75
2018-09-30 11.03
2018-06-30 10.25
2018-03-31 9.51
2017-12-31 9.25
2017-09-30 9.39
2017-06-30 9.26
2017-03-31 9.21
2016-12-31 8.69

*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.
  • Unable to establish if OEM International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine OEM International's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. OEM International's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. OEM International's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess OEM International'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 Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden 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.
OEM International has a total score of 0/6, 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.

OEM B Past Performance

  How has OEM International 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 OEM International's growth in the last year to its industry (Trade Distributors).
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.
  • OEM International's year on year earnings growth rate has been positive over the past 5 years.
  • OEM International's 1-year earnings growth is less than its 5-year average (7.7% vs 13.7%)
  • OEM International's earnings growth has not exceeded the SE Trade Distributors industry average in the past year (7.7% vs 11.2%).
Earnings and Revenue History
OEM International'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 OEM International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:OEM B Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3,274.90 274.30 544.60
2019-06-30 3,246.90 266.30 544.60
2019-03-31 3,201.90 264.30 544.60
2018-12-31 3,111.90 248.30 544.60
2018-09-30 3,048.90 254.80 481.90
2018-06-30 2,937.90 236.80 481.90
2018-03-31 2,824.90 219.80 481.90
2017-12-31 2,738.90 213.80 481.90
2017-09-30 2,650.40 216.90 431.00
2017-06-30 2,557.40 213.90 431.00
2017-03-31 2,479.40 212.90 431.00
2016-12-31 2,382.40 200.90 431.00
2016-09-30 2,310.70 186.20 406.80
2016-06-30 2,296.70 184.20 406.80
2016-03-31 2,242.70 173.20 406.80
2015-12-31 2,231.70 173.20 406.80
2015-09-30 2,157.50 163.70 348.50
2015-06-30 2,075.50 155.70 348.50
2015-03-31 1,984.50 148.70 348.50
2014-12-31 1,887.50 136.70 348.50
2014-09-30 1,807.40 133.10 321.60
2014-06-30 1,749.40 128.10 321.60
2014-03-31 1,717.40 124.10 321.60
2013-12-31 1,668.40 121.10 321.60
2013-09-30 1,648.40 119.50 308.70
2013-06-30 1,619.40 112.60 308.70
2013-03-31 1,622.40 119.60 308.70

*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.
  • OEM International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • OEM International used its assets more efficiently than the SE Trade Distributors industry average last year based on Return on Assets.
  • OEM International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OEM International'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 Trade Distributors 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.
OEM International 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.

OEM B Health

 How is OEM International'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 OEM International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OEM International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OEM International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OEM International'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 6.1x 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 OEM International Company Filings, last reported 3 months ago.

OM:OEM B Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,009.00 231.00 42.00
2019-06-30 927.00 275.00 42.00
2019-03-31 1,010.00 183.00 50.00
2018-12-31 926.00 116.00 38.50
2018-09-30 878.00 233.00 32.00
2018-06-30 813.00 238.00 22.00
2018-03-31 878.00 211.00 87.00
2017-12-31 803.70 165.30 56.30
2017-09-30 737.00 275.00 71.00
2017-06-30 691.00 309.00 76.00
2017-03-31 765.00 190.00 77.00
2016-12-31 709.40 173.50 83.10
2016-09-30 652.00 238.00 75.00
2016-06-30 599.00 274.00 67.00
2016-03-31 664.00 244.00 99.00
2015-12-31 622.10 201.30 84.70
2015-09-30 581.00 275.00 70.00
2015-06-30 534.00 270.00 57.00
2015-03-31 595.00 259.00 99.00
2014-12-31 551.90 222.40 80.10
2014-09-30 511.00 277.00 59.00
2014-06-30 472.00 277.00 49.00
2014-03-31 725.00 126.00 198.00
2013-12-31 724.80 90.00 172.80
2013-09-30 689.00 129.00 144.00
2013-06-30 658.00 140.00 138.00
2013-03-31 710.00 126.00 188.00
  • OEM International's level of debt (19.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (49.8% vs 19.5% today).
  • Debt is well covered by operating cash flow (148.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 292.3x coverage).
X
Financial health checks
We assess OEM International'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. OEM International has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

OEM B Dividends

 What is OEM International'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
2.81%
Current annual income from OEM International dividends.
If you bought SEK2,000 of OEM International shares you are expected to receive SEK56 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?
  • OEM International's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.59%).
  • OEM International's dividend is below the markets top 25% of dividend payers in Sweden (4.48%).
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
OM:OEM B 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 0 Analyst Estimates (S&P Global) See Below
Sweden Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 1.5%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 261 Stocks 3.2%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.6%
Sweden Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

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

OM:OEM B Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-03-19 6.750 3.084
2019-02-18 6.750 3.558
2018-03-16 6.000 3.131
2018-02-15 6.000 3.447
2017-03-14 5.500 2.849
2016-03-23 5.000 3.501
2016-02-18 5.000 3.816
2015-03-17 4.250 3.545
2015-02-17 4.250 3.938
2014-03-21 4.000 4.087
2014-02-20 4.000 3.825
2013-02-19 3.750 5.033
2012-03-26 3.500 5.303
2012-02-21 3.500 5.267
2011-03-31 3.000 5.328
2011-02-21 3.000 4.934
2010-03-01 2.000 4.217
2010-02-17 2.000 4.708
2009-02-20 3.000 7.525

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 OEM International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OEM International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 OEM International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OEM International 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.

OEM B Management

 What is the CEO of OEM International'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
Jörgen Zahlin
COMPENSATION SEK6,700,000
AGE 55
TENURE AS CEO 18 years
CEO Bio

Mr. Jörgen Zahlin serves as Chairman of BE Group AB (publ) since September 18, 2019 and he has been its Director since April 26, 2013. Mr. Zahlin has been the Chief Executive Officer of OEM International AB since January 1, 2002 and as its Managing Director since March 1, 2000.

CEO Compensation
  • Jörgen's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jörgen's remuneration is about average for companies of similar size in Sweden.
Management Team Tenure

Average tenure and age of the OEM International management team in years:

12.4
Average Tenure
57
Average Age
  • The average tenure for the OEM International management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jörgen Zahlin

TITLE
MD & CEO
COMPENSATION
SEK7M
AGE
55
TENURE
18 yrs

Jan Cnattingius

TITLE
Finance Director
AGE
64

Björn Pettersson

TITLE
Head of Marketing & Business Development
AGE
50
TENURE
3 yrs

Patrick Nyström

TITLE
Head of Region Finland
AGE
61

Patrik Jägenstedt

TITLE
Head of Development for Automatic Lawnmowers At Husqvarna

Jan Hultman

TITLE
Deputy MD & Business Development Manager - Group Electronics
AGE
74
TENURE
18 yrs

Urban Malm

TITLE
Managing Director of OEM Electonics AB
AGE
57

Jens Kjellsson

TITLE
Managing Director of OEM Automatic AB
AGE
51
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure and age of the OEM International board of directors in years:

2.8
Average Tenure
57
Average Age
  • The average tenure for the OEM International board of directors is less than 3 years, this suggests a new board.
Board of Directors

Petter Stillström

TITLE
Chairman of the Board
COMPENSATION
SEK500K
AGE
47
TENURE
2.8 yrs

Ulf Barkman

TITLE
Independent Director
COMPENSATION
SEK300K
AGE
62
TENURE
23 yrs

Agne Svenberg

TITLE
Independent Director
AGE
78
TENURE
6 yrs

Åsa Winberg

TITLE
Independent Director
COMPENSATION
SEK200K
AGE
62
TENURE
5 yrs

Jörgen Rosengren

TITLE
Independent Director
COMPENSATION
SEK200K
AGE
52
TENURE
2.8 yrs

Richard Pantzar

TITLE
Independent Director
TENURE
1 yrs

Mattias Franzén

TITLE
Independent Director
AGE
51
TENURE
1 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)
X
Management checks
We assess OEM International'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. OEM International 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.

OEM B News

Simply Wall St News

What Type Of Shareholder Owns OEM International AB (publ)'s (STO:OEM B)?

Insider Ownership Of OEM International The definition of company insiders can be subjective, and does vary between jurisdictions. … Insider ownership is positive when it signals leadership are thinking like the true owners of the company. … Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual.

Simply Wall St -

OEM International AB (publ) (STO:OEM B) Earns Among The Best Returns In Its Industry

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for OEM International: 0.32 = kr339m ÷ (kr1.7b - kr615m) (Based on the trailing twelve months to June 2019.) So, OEM International has an ROCE of 32%. … Do OEM International's Current Liabilities Skew Its ROCE?

Simply Wall St -

Here's Why OEM International (STO:OEM B) Can Manage Its Debt Responsibly

Debt and other liabilities become risky for a business when it cannot easily fulfill those obligations, either with free cash flow or by raising capital at an attractive price. … View our latest analysis for OEM International How Much Debt Does OEM International Carry? … This free cash flow puts the company in a good position to pay down debt, when appropriate.

Simply Wall St -

Don't Sell OEM International AB (publ) (STO:OEM B) Before You Read This

OEM International has a price to earnings ratio of 22.73, based on the last twelve months. … Check out our latest analysis for OEM International How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for OEM International: P/E of 22.73 = SEK260 ÷ SEK11.44 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Does OEM International AB (publ)'s (STO:OEM B) CEO Pay Reflect Performance?

According to our data, OEM International AB (publ) has a market capitalization of kr5.6b, and pays its CEO total annual compensation worth kr6.0m. … OM:OEM B CEO Compensation, June 24th 2019 Is OEM International AB (publ) Growing? … Boasting a total shareholder return of 109% over three years, OEM International AB (publ) has done well by shareholders.

Simply Wall St -

How Much is OEM International AB (publ)'s (STO:OEM B) CEO Getting Paid?

Check out our latest analysis for OEM International How Does Jörgen Zahlin's Compensation Compare With Similar Sized Companies? … According to our data, OEM International AB (publ) has a market capitalization of kr5.6b, and pays its CEO total annual compensation worth kr6.0m. … We examined companies with market caps from kr1.9b to kr7.5b, and discovered that the median CEO total compensation of that group was kr5.0m.

Simply Wall St -

Is OEM International's (STO:OEM B) Share Price Gain Of 126% Well Earned?

There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … During five years of share price growth, OEM International achieved compound earnings per share (EPS) growth of 16% per year. … Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off.

Simply Wall St -

I Ran A Stock Scan For Earnings Growth And OEM International (STO:OEM B) Passed With Ease

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. … So if you're like me, you might be more interested in profitable, growing companies, like OEM International (STO:OEM B). … Check out our latest analysis for OEM International How Quickly Is OEM International Increasing Earnings Per Share?

Simply Wall St -

Should You Like OEM International AB (publ)’s (STO:OEM B) High Return On Capital Employed?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for OEM International: 0.29 = kr338m ÷ (kr1.7b - kr530m) (Based on the trailing twelve months to March 2019.) So, OEM International has an ROCE of 29%. … Do OEM International's Current Liabilities Skew Its ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Should We Be Delighted With OEM International AB (publ)'s (STO:OEM B) ROE Of 26%?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … The formula for return on equity is: … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

OEM B Company Info

Description

OEM International AB (publ), together with its subsidiaries, trades in industrial components and systems. The company offers a range of industrial automation components in the areas of electrical components, flow technology, motors, transmissions and brakes, appliance components, lighting and installation components, and ball bearing solutions and seals. It serves machinery and appliance manufacturing industries, wholesalers and retailers, electrical contractors, catalogue distributors, strategic end users and electronics manufacturers, and strategic contract manufacturers, as well as installation companies. The company sells its products in Sweden, Finland, the Baltic States, China, Denmark, Norway, the United Kingdom, and East Central Europe. OEM International AB (publ) is headquartered in Tranås, Sweden.

Details
Name: OEM International AB (publ)
OEM B
Exchange: OM
Founded:
SEK5,545,790,880
23,107,462
Website: http://www.oem.se
Address: OEM International AB (publ)
Förrådsvägen 2,
Box 1009,
Tranås,
Jönköping County, 573 28,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM OEM B Class B Shares OMX Nordic Exchange Stockholm SE SEK 13. Jun 1994
DB OEA Class B Shares Deutsche Boerse AG DE EUR 13. Jun 1994
LSE 0QTY Class B Shares London Stock Exchange GB SEK 13. Jun 1994
BATS-CHIXE OEMBs Class B Shares BATS 'Chi-X Europe' GB SEK 13. Jun 1994
OM OEM B SER'B'NPV (POST SPLIT) OMX Nordic Exchange Stockholm SE SEK 28. Jan 2020
Number of employees
Current staff
Staff numbers
892
OEM International employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 21:13
End of day share price update: 2020/01/28 00:00
Last earnings filing: 2019/10/17
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.