AAK AB (publ.) Logo

AAK AB (publ.)

AAK.ST

(2.8)
Stock Price

280,40 SEK

11.99% ROA

19.03% ROE

25.15x PER

Market Cap.

85.810.205.400,00 SEK

18.52% DER

1.12% Yield

7.65% NPM

AAK AB (publ.) Stock Analysis

AAK AB (publ.) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

AAK AB (publ.) Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a low debt to equity ratio (29%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

4 ROA

The stock's ROA (9.12%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (5.126), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.28x) suggests it's overvalued, potentially making it an expensive investment.

10 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

AAK AB (publ.) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

AAK AB (publ.) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

AAK AB (publ.) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

AAK AB (publ.) Revenue
Year Revenue Growth
2005 2.990.000.000
2006 10.929.000.000 72.64%
2007 13.005.000.000 15.96%
2008 17.207.000.000 24.42%
2009 15.884.000.000 -8.33%
2010 14.808.000.000 -7.27%
2011 16.695.000.000 11.3%
2012 16.911.000.000 1.28%
2013 16.537.000.000 -2.26%
2014 17.814.000.000 7.17%
2015 20.114.000.000 11.43%
2016 22.057.000.000 8.81%
2017 26.436.000.000 16.56%
2018 27.592.000.000 4.19%
2019 28.510.000.000 3.22%
2020 27.934.000.000 -2.06%
2021 35.452.000.000 21.21%
2022 50.425.000.000 29.69%
2023 46.476.000.000 -8.5%
2023 46.028.000.000 -0.97%
2024 44.132.000.000 -4.3%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

AAK AB (publ.) Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

AAK AB (publ.) General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 7.854.000
2006 11.217.000 29.98%
2007 0 0%
2008 0 0%
2009 396.000.000 100%
2010 370.000.000 -7.03%
2011 484.000.000 23.55%
2012 1.173.000.000 58.74%
2013 1.265.000.000 7.27%
2014 1.630.000.000 22.39%
2015 1.833.000.000 11.07%
2016 1.973.000.000 7.1%
2017 2.208.000.000 10.64%
2018 2.462.000.000 10.32%
2019 2.685.000.000 8.31%
2020 2.416.000.000 -11.13%
2021 2.346.000.000 -2.98%
2022 3.401.000.000 31.02%
2023 3.452.000.000 1.48%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

AAK AB (publ.) EBITDA
Year EBITDA Growth
2005 99.000.000
2006 676.000.000 85.36%
2007 853.000.000 20.75%
2008 555.000.000 -53.69%
2009 1.913.000.000 70.99%
2010 1.287.000.000 -48.64%
2011 1.276.000.000 -0.86%
2012 1.315.000.000 2.97%
2013 1.441.000.000 8.74%
2014 1.533.000.000 6%
2015 1.779.000.000 13.83%
2016 2.068.000.000 13.97%
2017 2.269.000.000 8.86%
2018 2.505.000.000 9.42%
2019 2.831.000.000 11.52%
2020 2.909.000.000 2.68%
2021 3.042.000.000 4.37%
2022 3.371.000.000 9.76%
2023 5.656.000.000 40.4%
2023 5.076.000.000 -11.43%
2024 5.204.000.000 2.46%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

AAK AB (publ.) Gross Profit
Year Gross Profit Growth
2005 647.000.000
2006 2.859.000.000 77.37%
2007 13.005.000.000 78.02%
2008 17.207.000.000 24.42%
2009 15.884.000.000 -8.33%
2010 3.907.000.000 -306.55%
2011 3.829.000.000 -2.04%
2012 3.523.000.000 -8.69%
2013 3.745.000.000 5.93%
2014 4.362.000.000 14.14%
2015 5.106.000.000 14.57%
2016 5.695.000.000 10.34%
2017 6.220.000.000 8.44%
2018 6.869.000.000 9.45%
2019 7.767.000.000 11.56%
2020 7.362.000.000 -5.5%
2021 7.755.000.000 5.07%
2022 9.764.000.000 20.58%
2023 12.196.000.000 19.94%
2023 11.732.000.000 -3.95%
2024 4.332.000.000 -170.82%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

AAK AB (publ.) Net Profit
Year Net Profit Growth
2005 -47.000.000
2006 171.000.000 127.49%
2007 319.000.000 46.39%
2008 -4.000.000 8075%
2009 843.000.000 100.47%
2010 626.000.000 -34.66%
2011 604.000.000 -3.64%
2012 640.000.000 5.63%
2013 732.000.000 12.57%
2014 879.000.000 16.72%
2015 933.000.000 5.79%
2016 1.003.000.000 6.98%
2017 1.194.000.000 16%
2018 1.322.000.000 9.68%
2019 1.487.000.000 11.1%
2020 1.563.000.000 4.86%
2021 1.437.000.000 -8.77%
2022 1.770.000.000 18.81%
2023 3.220.000.000 45.03%
2023 2.946.000.000 -9.3%
2024 3.232.000.000 8.85%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

AAK AB (publ.) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 1 0%
2007 1 100%
2008 0 0%
2009 3 100%
2010 3 -50%
2011 2 0%
2012 3 0%
2013 3 0%
2014 4 33.33%
2015 4 0%
2016 4 0%
2017 5 25%
2018 5 20%
2019 6 0%
2020 6 16.67%
2021 6 -20%
2022 7 16.67%
2023 12 50%
2023 11 -9.09%
2024 12 8.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

AAK AB (publ.) Free Cashflow
Year Free Cashflow Growth
2005 169.000.000
2006 -287.000.000 158.89%
2007 -978.000.000 70.65%
2008 -374.000.000 -161.5%
2009 1.949.000.000 119.19%
2010 422.000.000 -361.85%
2011 -61.000.000 791.8%
2012 1.165.000.000 105.24%
2013 745.000.000 -56.38%
2014 93.000.000 -701.08%
2015 742.000.000 87.47%
2016 236.000.000 -214.41%
2017 282.000.000 16.31%
2018 365.000.000 22.74%
2019 757.000.000 51.78%
2020 1.281.000.000 40.91%
2021 -111.000.000 1254.05%
2022 -1.299.000.000 91.45%
2023 4.069.000.000 131.92%
2023 932.000.000 -336.59%
2024 696.000.000 -33.91%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

AAK AB (publ.) Operating Cashflow
Year Operating Cashflow Growth
2005 390.000.000
2006 177.000.000 -120.34%
2007 -383.000.000 146.21%
2008 17.000.000 2352.94%
2009 2.265.000.000 99.25%
2010 757.000.000 -199.21%
2011 289.000.000 -161.94%
2012 1.539.000.000 81.22%
2013 1.300.000.000 -18.38%
2014 692.000.000 -87.86%
2015 1.736.000.000 60.14%
2016 1.213.000.000 -43.12%
2017 1.099.000.000 -10.37%
2018 1.090.000.000 -0.83%
2019 1.558.000.000 30.04%
2020 2.023.000.000 22.99%
2021 508.000.000 -298.23%
2022 -73.000.000 795.89%
2023 5.314.000.000 101.37%
2023 1.214.000.000 -337.73%
2024 1.002.000.000 -21.16%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

AAK AB (publ.) Capital Expenditure
Year Capital Expenditure Growth
2005 221.000.000
2006 464.000.000 52.37%
2007 595.000.000 22.02%
2008 391.000.000 -52.17%
2009 316.000.000 -23.73%
2010 335.000.000 5.67%
2011 350.000.000 4.29%
2012 374.000.000 6.42%
2013 555.000.000 32.61%
2014 599.000.000 7.35%
2015 994.000.000 39.74%
2016 977.000.000 -1.74%
2017 817.000.000 -19.58%
2018 725.000.000 -12.69%
2019 801.000.000 9.49%
2020 742.000.000 -7.95%
2021 619.000.000 -19.87%
2022 1.226.000.000 49.51%
2023 1.245.000.000 1.53%
2023 282.000.000 -341.49%
2024 306.000.000 7.84%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

AAK AB (publ.) Equity
Year Equity Growth
2005 3.554.000.000
2006 2.319.000.000 -53.26%
2007 2.443.000.000 5.08%
2008 2.383.000.000 -2.52%
2009 2.949.000.000 19.19%
2010 3.188.000.000 7.5%
2011 3.565.000.000 10.58%
2012 3.923.000.000 9.13%
2013 4.364.000.000 10.11%
2014 5.800.000.000 24.76%
2015 6.650.000.000 12.78%
2016 7.576.000.000 12.22%
2017 7.734.000.000 2.04%
2018 8.996.000.000 14.03%
2019 10.421.000.000 13.67%
2020 9.738.000.000 -7.01%
2021 11.831.000.000 17.69%
2022 15.083.000.000 21.56%
2023 17.173.000.000 12.17%
2023 17.425.000.000 1.45%
2024 18.282.000.000 4.69%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

AAK AB (publ.) Assets
Year Assets Growth
2005 6.835.000.000
2006 6.933.000.000 1.41%
2007 8.857.000.000 21.72%
2008 11.078.000.000 20.05%
2009 8.513.000.000 -30.13%
2010 9.252.000.000 7.99%
2011 9.974.000.000 7.24%
2012 9.760.000.000 -2.19%
2013 10.045.000.000 2.84%
2014 12.512.000.000 19.72%
2015 13.896.000.000 9.96%
2016 17.184.000.000 19.13%
2017 16.892.000.000 -1.73%
2018 18.035.000.000 6.34%
2019 22.919.000.000 21.31%
2020 22.278.000.000 -2.88%
2021 27.166.000.000 17.99%
2022 33.990.000.000 20.08%
2023 30.551.000.000 -11.26%
2023 31.599.000.000 3.32%
2024 31.594.000.000 -0.02%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

AAK AB (publ.) Liabilities
Year Liabilities Growth
2005 3.281.000.000
2006 4.614.000.000 28.89%
2007 6.414.000.000 28.06%
2008 8.695.000.000 26.23%
2009 5.564.000.000 -56.27%
2010 6.064.000.000 8.25%
2011 6.409.000.000 5.38%
2012 5.837.000.000 -9.8%
2013 5.681.000.000 -2.75%
2014 6.712.000.000 15.36%
2015 7.246.000.000 7.37%
2016 9.608.000.000 24.58%
2017 9.158.000.000 -4.91%
2018 9.039.000.000 -1.32%
2019 12.498.000.000 27.68%
2020 12.540.000.000 0.33%
2021 15.335.000.000 18.23%
2022 18.907.000.000 18.89%
2023 13.378.000.000 -41.33%
2023 14.174.000.000 5.62%
2024 13.312.000.000 -6.48%

AAK AB (publ.) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
171.85
Net Income per Share
13.15
Price to Earning Ratio
25.15x
Price To Sales Ratio
1.92x
POCF Ratio
20.02
PFCF Ratio
28.38
Price to Book Ratio
4.71
EV to Sales
1.98
EV Over EBITDA
15.74
EV to Operating CashFlow
20.57
EV to FreeCashFlow
29.15
Earnings Yield
0.04
FreeCashFlow Yield
0.04
Market Cap
85,81 Bil.
Enterprise Value
88,15 Bil.
Graham Number
144.1
Graham NetNet
-2.67

Income Statement Metrics

Net Income per Share
13.15
Income Quality
0.99
ROE
0.19
Return On Assets
0.11
Return On Capital Employed
0.22
Net Income per EBT
0.77
EBT Per Ebit
0.96
Ebit per Revenue
0.1
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
0.1
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.01
Dividend Yield %
1.12
Payout Ratio
0.28
Dividend Per Share
3.7

Operating Metrics

Operating Cashflow per Share
16.51
Free CashFlow per Share
11.65
Capex to Operating CashFlow
0.29
Capex to Revenue
0.03
Capex to Depreciation
1.45
Return on Invested Capital
0.16
Return on Tangible Assets
0.12
Days Sales Outstanding
69.4
Days Payables Outstanding
44.57
Days of Inventory on Hand
99.94
Receivables Turnover
5.26
Payables Turnover
8.19
Inventory Turnover
3.65
Capex per Share
4.86

Balance Sheet

Cash per Share
6,10
Book Value per Share
70,43
Tangible Book Value per Share
58.34
Shareholders Equity per Share
70.2
Interest Debt per Share
14.31
Debt to Equity
0.19
Debt to Assets
0.11
Net Debt to EBITDA
0.42
Current Ratio
1.82
Tangible Asset Value
15,14 Bil.
Net Current Asset Value
6,10 Bil.
Invested Capital
20420000000
Working Capital
8,76 Bil.
Intangibles to Total Assets
0.1
Average Receivables
9,07 Bil.
Average Payables
3,99 Bil.
Average Inventory
9319500000
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

AAK AB (publ.) Dividends
Year Dividends Growth
2006 25
2007 4 -525%
2008 4 0%
2009 4 0%
2010 4 0%
2011 5 0%
2012 5 0%
2013 5 20%
2014 6 16.67%
2015 7 0%
2016 8 14.29%
2017 9 12.5%
2018 10 11.11%
2019 2 -800%
2020 4 75%
2021 2 -100%
2022 3 0%
2023 3 0%
2024 4 33.33%

AAK AB (publ.) Profile

About AAK AB (publ.)

AAK AB (publ.) develops and sells plant-based oils and fats worldwide. It offers food ingredients for the bakery, dairy, foodservice, and special nutrition industries; chocolate and confectionery, including cocoa butter alternatives, compound fats, filling fats, barrier fats, and spreads; caramel products; and functional emollients for the cosmetics industry. The company also provides fatty acids and glycerine for various applications; candle waxes; feed products; and natural emulsifiers. AAK AB (publ.) was founded in 1871 and is headquartered in Malmö, Sweden.

CEO
Mr. Johan Westman
Employee
4.100
Address
Skrivaregatan 9
Malmö, 215 32

AAK AB (publ.) Executives & BODs

AAK AB (publ.) Executives & BODs
# Name Age
1 Mr. Octavio Diaz de Leon
President of AAK Americas & Vice President
70
2 Mr. Niall Sands
President of Commercial Development, Innovation & Plant-based Foods and Vice President
70
3 Mr. Mikael Ekdahl
Secretary of the Board
70
4 Mr. David Smith
President of Global Operations & Vice President
70
5 Mr. Johan Westman
President & Chief Executive Officer
70
6 Mr. Tomas Bergendahl
Vice President & Chief Financial Officer
70
7 Ms. Susanne Jaspers
President of AAK Europe & Strategic Accounts and Vice President
70
8 Carl Ahlgren
Head of IR, Corporate Communications & Brand
70
9 Mr. Sten Estrup
President of AAK AMEA & Global People and Vice President
70
10 Mr. Tim Stephenson
President of Global Sourcing, Trading & Sustainability and Vice President
70

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