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Hifab Group

OM:HIFA B
Snowflake Description

Mediocre balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HIFA B
OM
SEK146M
Market Cap
  1. Home
  2. SE
  3. Commercial Services
Company description

Hifab Group AB (publ), together with its subsidiaries, provides project management and consulting services in Sweden and internationally. The last earnings update was 80 days ago. More info.


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HIFA B Share Price and Events
7 Day Returns
-0.8%
OM:HIFA B
2.9%
SE Professional Services
-1%
SE Market
1 Year Returns
-1.6%
OM:HIFA B
46.8%
SE Professional Services
23.4%
SE Market
HIFA B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hifab Group (HIFA B) -0.8% 0% -4% -1.6% -17.5% -62.2%
SE Professional Services 2.9% 8.8% 23.2% 46.8% 47.5% 94.7%
SE Market -1% 0.7% 5.8% 23.4% 15.4% 19.4%
1 Year Return vs Industry and Market
  • HIFA B underperformed the Professional Services industry which returned 46.8% over the past year.
  • HIFA B underperformed the Market in Sweden which returned 23.4% over the past year.
Price Volatility
HIFA B
Industry
5yr Volatility vs Market
Related Companies

HIFA B Value

 Is Hifab 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 Hifab 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 Hifab Group.

OM:HIFA B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in SEK SEK .120000
Payout Ratio Company Filings (2019-09-30) 5391.3%
Discount Rate (Cost of Equity) See below 4.7%
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:HIFA 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%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.836 (1 + (1- 22%) (10.27%))
0.935
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.42% + (0.935 * 5.44%)
4.67%

Discounted Cash Flow Calculation for OM:HIFA B using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Hifab Group is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

OM:HIFA B Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= SEK0.12 / (4.67% - -0.42%)
SEK2.36
OM:HIFA B Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK2.36
Current discount Discount to share price of SEK2.40
= -1 x (SEK2.40 - SEK2.36) / SEK2.36
-1.8%

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

  • The current share price of Hifab Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hifab Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hifab Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:HIFA B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in SEK SEK-0.10
OM:HIFA B Share Price ** OM (2020-01-24) in SEK SEK2.4
Sweden Professional Services Industry PE Ratio Median Figure of 11 Publicly-Listed Professional Services Companies 21.65x
Sweden Market PE Ratio Median Figure of 355 Publicly-Listed Companies 19.34x

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

** Primary Listing of Hifab Group.

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

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

= 2.4 ÷ -0.10

-23.1x

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

  • Hifab Group is loss making, we can't compare its value to the SE Professional Services industry average.
  • Hifab Group is loss making, we can't compare the value of its earnings to the Sweden market.
Price based on expected Growth
Does Hifab Group's expected growth come at a high price?
Raw Data
OM:HIFA B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -23.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Sweden Professional Services Industry PEG Ratio Median Figure of 8 Publicly-Listed Professional Services Companies 0.78x
Sweden Market PEG Ratio Median Figure of 236 Publicly-Listed Companies 1.32x

*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 Hifab Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hifab Group's assets?
Raw Data
OM:HIFA B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in SEK SEK1.03
OM:HIFA B Share Price * OM (2020-01-24) in SEK SEK2.4
Sweden Professional Services Industry PB Ratio Median Figure of 16 Publicly-Listed Professional Services Companies 3.02x
Sweden Market PB Ratio Median Figure of 766 Publicly-Listed Companies 2.89x
OM:HIFA B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 2.4 ÷ 1.03

2.33x

* Primary Listing of Hifab Group.

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

  • Hifab Group is good value based on assets compared to the SE Professional Services industry average.
X
Value checks
We assess Hifab 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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Hifab Group has a total score of 1/6, see the detailed checks below.

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

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

HIFA B Future Performance

 How is Hifab Group 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 Hifab Group 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
28.4%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hifab Group expected to grow at an attractive rate?
  • Unable to compare Hifab Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Hifab Group's earnings growth to the Sweden market average as no estimate data is available.
  • Unable to compare Hifab Group's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OM:HIFA B Future Growth Rates Data Sources
Data Point Source Value (per year)
Sweden Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 28.4%
Sweden Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 7.4%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.4%

*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:HIFA 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:HIFA B Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OM:HIFA B Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-09-30 358 -3 -6
2019-06-30 368 9 -1
2019-03-31 383 12 8
2018-12-31 402 9 9
2018-09-30 418 5 14
2018-06-30 423 6 13
2018-03-31 431 2 11
2017-12-31 444 7 13
2017-09-30 458 4 11
2017-06-30 478 18 11
2017-03-31 488 6 11
2016-12-31 475 -3 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Hifab Group is high growth as no earnings estimate data is available.
  • Unable to determine if Hifab Group 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:HIFA 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 Hifab Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:HIFA B Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OM:HIFA B Past Financials Data
Date (Data in SEK Millions) EPS *
2019-09-30 -0.10
2019-06-30 -0.02
2019-03-31 0.14
2018-12-31 0.15
2018-09-30 0.22
2018-06-30 0.22
2018-03-31 0.18
2017-12-31 0.21
2017-09-30 0.22
2017-06-30 0.18
2017-03-31 0.17
2016-12-31 0.10

*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 Hifab Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of HIFA B’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Hifab Group'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 Commercial Services companies here
  3. Hifab Group'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 Hifab 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 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.
Hifab Group 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.

HIFA B Past Performance

  How has Hifab 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 Hifab Group's growth in the last year to its industry (Professional Services).
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.
  • Hifab Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Hifab Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hifab Group's 1-year growth to the SE Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Hifab 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 Hifab Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:HIFA B Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 357.81 -6.32 225.31
2019-06-30 368.01 -1.12 222.21
2019-03-31 382.91 8.08 222.41
2018-12-31 401.71 9.28 228.21
2018-09-30 418.20 13.64 230.44
2018-06-30 423.00 13.44 231.74
2018-03-31 430.60 11.04 234.44
2017-12-31 444.10 13.04 233.64
2017-09-30 458.34 11.36 234.16
2017-06-30 477.64 11.26 233.26
2017-03-31 488.44 11.16 229.36
2016-12-31 474.94 5.56 229.96
2016-09-30 465.31 -58.66 236.80
2016-06-30 447.71 -61.56 242.60
2016-03-31 440.51 -66.26 253.00
2015-12-31 444.31 -65.46 263.10
2015-09-30 446.37 -3.64 253.43
2015-06-30 452.47 -0.74 256.23
2015-03-31 470.27 5.16 262.43
2014-12-31 479.37 10.26 265.33
2014-09-30 481.45 13.43 266.90
2014-06-30 487.15 15.63 268.90
2014-03-31 475.25 13.33 269.20
2013-12-31 460.25 10.43 262.50
2013-09-30 450.94 6.61 260.12
2013-06-30 439.14 7.31 253.72
2013-03-31 424.84 11.51 241.02

*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.
  • It is difficult to establish if Hifab Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hifab Group has efficiently used its assets last year compared to the SE Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hifab Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hifab 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 Professional Services 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.
Hifab Group has a total score of 0/6, 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.

HIFA B Health

 How is Hifab 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 Hifab Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hifab Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hifab Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hifab 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 covered by short term assets, assets are 41x 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 Hifab Group Company Filings, last reported 3 months ago.

OM:HIFA B Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 62.70 3.00 0.70
2019-06-30 67.20 4.00 22.50
2019-03-31 79.70 5.00 28.60
2018-12-31 77.69 6.00 32.79
2018-09-30 76.20 7.00 20.40
2018-06-30 75.60 8.00 28.00
2018-03-31 79.60 9.00 28.60
2017-12-31 76.16 10.00 33.64
2017-09-30 70.20 12.00 28.50
2017-06-30 69.90 12.00 33.50
2017-03-31 68.30 13.00 30.30
2016-12-31 63.01 14.00 30.55
2016-09-30 58.90 15.00 29.50
2016-06-30 58.50 16.00 21.90
2016-03-31 57.00 17.00 30.80
2015-12-31 57.36 68.20 69.41
2015-09-30 64.10 0.60 23.10
2015-06-30 66.40 1.00 40.60
2015-03-31 82.00 1.40 49.50
2014-12-31 81.67 1.80 48.89
2014-09-30 80.20 2.20 31.90
2014-06-30 79.80 2.60 46.00
2014-03-31 83.30 3.00 39.00
2013-12-31 77.61 3.40 43.24
2013-09-30 72.60 3.80 16.20
2013-06-30 70.10 4.20 40.30
2013-03-31 84.90 4.60 43.80
  • Hifab Group's level of debt (4.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2.7% vs 4.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Hifab Group has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Hifab 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. Hifab Group has a total score of 3/6, 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.

HIFA B Dividends

 What is Hifab 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
5%
Current annual income from Hifab Group dividends.
If you bought SEK2,000 of Hifab Group shares you are expected to receive SEK100 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?
  • Hifab Group's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.59%).
  • Hifab Group's dividend is above the markets top 25% of dividend payers in Sweden (4.5%).
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:HIFA 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 Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 2.2%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 261 Stocks 3.1%
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:HIFA B Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
OM:HIFA B Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-04-10 0.120 4.731
2019-02-20 0.120 4.723
2018-04-11 0.120 4.600
2018-02-21 0.120 3.982
2016-11-08 0.000 0.000
2016-08-23 0.000 0.000
2016-05-10 0.000 0.000
2016-03-31 0.000 0.000
2016-02-23 0.000 0.000
2015-03-31 0.400 9.378
2015-02-25 0.400 5.774
2014-04-11 0.200 2.779
2014-02-27 0.200 2.805
2013-04-12 0.500 6.075
2013-02-28 0.500 5.872
2012-04-02 0.400 5.989
2012-02-23 0.400 7.893
2011-03-31 0.200 4.965
2011-02-24 0.200 4.690

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

  • Hifab Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Hifab Group has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Hifab Group's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 Hifab Group'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 Hifab Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hifab Group 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.

HIFA B Management

 What is the CEO of Hifab 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
Patrik Schelin
COMPENSATION SEK3,014,000
AGE 55
TENURE AS CEO 3.8 years
CEO Bio

Mr. Patrik Schelin has been Chief Executive Officer, President and Managing Director of Hifab Group AB (Publ) since March 01, 2016 and had been Market Area Manager Mid since January 2019 until 2019. Mr. Schelin joined Hifab Group from engineering consultancy Ramboll, where he worked for 16 years and later a Division Manager for Transport in Sweden, including Infrastructure and Planning.

CEO Compensation
  • Patrik's compensation has increased whilst company is loss making.
  • Patrik's remuneration is higher than average for companies of similar size in Sweden.
Management Team

Patrik Schelin

TITLE
CEO, President & MD
COMPENSATION
SEK3M
AGE
55
TENURE
3.8 yrs

Elisabeth Brattlund

TITLE
Chief Financial Officer
COMPENSATION
SEK374K
TENURE
14.4 yrs

Malin Sandkulla

TITLE
Human Resources Director

Erwin Leichte

TITLE
Executive
Board of Directors Tenure

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

1.7
Average Tenure
48
Average Age
  • The average tenure for the Hifab Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Karin Parö

TITLE
COMPENSATION
SEK60K
AGE
58
TENURE
1 yrs

Tomas Hermansson

TITLE
Independent Director
COMPENSATION
SEK90K
AGE
51
TENURE
2.7 yrs

Goran Ingelhammar

TITLE
Employee Representative Director
AGE
63
TENURE
3 yrs

Henrik Hederfors

TITLE
Employee Representative Director
AGE
48
TENURE
3 yrs

Carl Östring

TITLE
Director
COMPENSATION
SEK60K
AGE
45
TENURE
1.7 yrs

Petter Stillström

TITLE
Director
AGE
47
TENURE
1 yrs

Emma Jonsson

TITLE
Deputy Member
AGE
46
TENURE
0.7 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 Hifab 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. Hifab 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.

HIFA B News

Simply Wall St News

Are Hifab Group AB (publ)’s (STO:HIFA B) Returns Worth Your While?

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 Hifab Group: 0.14 = kr12m ÷ (kr188m - kr102m) (Based on the trailing twelve months to March 2019.) Therefore, Hifab Group has an ROCE of 14%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE. … The Bottom Line On Hifab Group's ROCE The ROCE would not look as appealing if the company had fewer current liabilities.

Simply Wall St -

The Hifab Group (STO:HIFA B) Share Price Is Down 70% So Some Shareholders Are Wishing They Sold

To wit, the Hifab Group AB (publ) (STO:HIFA B) share price managed to fall 70% over five long years. … During five years of share price growth, Hifab Group moved from a loss to profitability. … As it happens, Hifab Group's TSR for the last 5 years was -54%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Do Insiders Own Lots Of Shares In Hifab Group AB (publ) (STO:HIFA B)?

View our latest analysis for Hifab Group OM:HIFA B Ownership Summary, August 7th 2019 What Does The Institutional Ownership Tell Us About Hifab Group? … Insider Ownership Of Hifab Group The definition of company insiders can be subjective, and does vary between jurisdictions. … Private Company Ownership Our data indicates that Private Companies hold 13%, of the company's shares.

Simply Wall St -

How Much is Hifab Group AB (publ)'s (STO:HIFA B) CEO Getting Paid?

View our latest analysis for Hifab Group How Does Patrik Schelin's Compensation Compare With Similar Sized Companies? … Thus we can conclude that Patrik Schelin receives more in total compensation than the median of a group of companies in the same market, and of similar size to Hifab Group AB (publ). … We compared total CEO remuneration at Hifab Group AB (publ) with the amount paid at companies with a similar market capitalization.

Simply Wall St -

Is Hifab Group AB (publ)'s (STO:HIFA B) 10% ROE Strong Compared To Its Industry?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Hifab Group: 10% = kr8.1m ÷ kr80m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does Hifab Group Have A Good Return On Equity? … Combining Hifab Group's Debt And Its 10% Return On Equity While Hifab Group does have a tiny amount of debt, with debt to equity of just 0.063, we think the use of debt is very modest.

Simply Wall St -

Is Hifab Group AB (publ)'s (STO:HIFA B) Growth Strong Enough To Justify Its June Share Price?

Hifab Group AB (publ) (STO:HIFA B) is considered a high growth stock. … HIFA B is available at a PE (price-to-earnings) ratio of 19.46x today, which tells us the stock is overvalued based on current earnings compared to the Professional Services industry average of 15.64x , and overvalued compared to the SE market average ratio of 16.31x. … A PE ratio of 19.46x and expected year-on-year earnings growth of 20% give Hifab Group a low PEG ratio of 1.0x.

Simply Wall St -

Is Hifab Group AB (publ) (STO:HIFA B) Undervalued After Accounting For Its Future Growth?

HIFA B is trading at price-to-earnings (PE) ratio of 19.46x, which suggests that Hifab Group is overvalued based on current earnings compared to the Professional Services industry average of 15.64x , and overvalued compared to the SE market average ratio of 16.31x. … But, to be able to properly assess the value of a high-growth stock such as Hifab Group, we must incorporate its earnings growth in our valuation. … A PE ratio of 19.46x and expected year-on-year earnings growth of 20% give Hifab Group a low PEG ratio of 1.0x.

Simply Wall St -

Hifab Group AB (publ) (STO:HIFA B) Insiders Have Been Selling

So we'll take a look at whether insiders have been buying or selling shares in Hifab Group AB (publ) (STO:HIFA B). … Insider Ownership of Hifab Group For a common shareholder, it is worth checking how many shares are held by company insiders. … Still, the insider transactions at Hifab Group in the last 12 months are not very heartening.

Simply Wall St -

Should You Consider Hifab Group AB (publ) (STO:HIFA B)?

Excellent balance sheet average dividend payer HIFA B's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. … OM:HIFA B Historical Debt, June 4th 2019 HIFA B's high dividend payments make it one of the best dividend stocks on the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments. … OM:HIFA B Historical Dividend Yield, June 4th 2019 Next Steps: For Hifab Group, I've compiled three relevant factors you should further research: Future Outlook: What are well-informed industry analysts predicting for HIFA B’s future growth?

Simply Wall St -

What Can We Learn From Hifab Group AB (publ)’s (STO:HIFA B) Investment Returns?

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 Hifab Group: 0.14 = kr12m ÷ (kr188m - kr102m) (Based on the trailing twelve months to March 2019.) Therefore, Hifab Group has an ROCE of 14%. … What Are Current Liabilities, And How Do They Affect Hifab Group's ROCE? … Our Take On Hifab Group's ROCE The ROCE would not look as appealing if the company had fewer current liabilities.

Simply Wall St -

HIFA B Company Info

Description

Hifab Group AB (publ), together with its subsidiaries, provides project management and consulting services in Sweden and internationally. It offers project management services in the building, construction, environment, energy, real estate, and process technology sectors. The company was founded in 1947 and is headquartered in Stockholm, Sweden.

Details
Name: Hifab Group AB (publ)
HIFA B
Exchange: OM
Founded: 1947
SEK146,013,388
60,838,912
Website: http://www.hifab.se
Address: Hifab Group AB (publ)
Sveavägen 167,
3rd floor,
Stockholm,
Stockholm County, 104 32,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM HIFA B Class B Shares OMX Nordic Exchange Stockholm SE SEK 24. Sep 2008
Number of employees
Current staff
Staff numbers
295
Hifab Group employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/24 20:36
End of day share price update: 2020/01/24 00:00
Last estimates confirmation: 2019/02/20
Last earnings filing: 2019/11/05
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.