Systemair AB (publ) Logo

Systemair AB (publ)

SYSR.ST

(1.8)
Stock Price

87,30 SEK

14.5% ROA

19.83% ROE

13.16x PER

Market Cap.

17.532.201.008,00 SEK

33.31% DER

1.37% Yield

8.77% NPM

Systemair AB (publ) Stock Analysis

Systemair 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.

Systemair AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (23.11%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a reasonable amount of debt compared to its ownership (69%), suggesting a balanced financial position and a moderate level of risk.

4 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

5 Buffet Intrinsic Value

The company's stock seems undervalued (1.013) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

6 PBV

The stock's elevated P/BV ratio (3.53x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

7 Revenue 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.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Systemair 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.

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

Systemair 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.

Systemair AB (publ) Revenue
Year Revenue Growth
2001 1.589.775.000
2002 1.685.309.000 5.67%
2003 1.710.826.000 1.49%
2004 1.895.900.000 9.76%
2005 2.321.200.000 18.32%
2006 2.664.200.000 12.87%
2007 3.091.600.000 13.82%
2008 3.333.100.000 7.25%
2009 3.218.600.000 -3.56%
2010 3.467.300.000 7.17%
2011 3.996.900.000 13.25%
2012 4.551.000.000 12.18%
2013 5.295.800.000 14.06%
2014 5.882.200.000 9.97%
2015 6.112.500.000 3.77%
2016 6.863.600.000 10.94%
2017 7.301.200.000 5.99%
2018 8.326.500.000 12.31%
2019 8.914.900.000 6.6%
2020 8.519.200.000 -4.64%
2021 9.634.500.000 11.58%
2022 12.057.900.000 20.1%
2023 12.744.400.000 5.39%

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.

Systemair AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 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 226.500.000 100%
2019 226.800.000 0.13%
2020 226.800.000 0%
2021 221.900.000 -2.21%
2022 241.800.000 8.23%
2023 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.

Systemair AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 130.358.000
2002 127.070.000 -2.59%
2003 128.028.000 0.75%
2004 -134.300.000 195.33%
2005 -184.200.000 27.09%
2006 -200.900.000 8.31%
2007 176.000.000 214.15%
2008 204.200.000 13.81%
2009 196.400.000 -3.97%
2010 193.000.000 -1.76%
2011 208.000.000 7.21%
2012 76.800.000 -170.83%
2013 95.600.000 19.67%
2014 103.400.000 7.54%
2015 115.700.000 10.63%
2016 125.100.000 7.51%
2017 126.000.000 0.71%
2018 141.400.000 10.89%
2019 150.300.000 5.92%
2020 133.400.000 -12.67%
2021 132.600.000 -0.6%
2022 197.400.000 32.83%
2023 571.600.000 65.47%

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.

Systemair AB (publ) EBITDA
Year EBITDA Growth
2001 11.764.000
2002 12.705.000 7.41%
2003 33.850.000 62.47%
2004 198.400.000 82.94%
2005 306.200.000 35.21%
2006 392.700.000 22.03%
2007 -341.500.000 214.99%
2008 460.100.000 174.22%
2009 283.100.000 -62.52%
2010 369.500.000 23.38%
2011 319.800.000 -15.54%
2012 476.200.000 32.84%
2013 456.100.000 -4.41%
2014 567.600.000 19.64%
2015 505.900.000 -12.2%
2016 604.600.000 16.32%
2017 558.300.000 -8.29%
2018 716.000.000 22.03%
2019 935.300.000 23.45%
2020 940.700.000 0.57%
2021 1.163.900.000 19.18%
2022 1.482.500.000 21.49%
2023 1.288.400.000 -15.07%

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.

Systemair AB (publ) Gross Profit
Year Gross Profit Growth
2001 491.658.000
2002 510.381.000 3.67%
2003 553.191.000 7.74%
2004 897.400.000 38.36%
2005 1.099.400.000 18.37%
2006 1.289.900.000 14.77%
2007 1.164.200.000 -10.8%
2008 1.244.000.000 6.41%
2009 1.217.000.000 -2.22%
2010 1.357.800.000 10.37%
2011 1.491.700.000 8.98%
2012 1.627.400.000 8.34%
2013 1.787.100.000 8.94%
2014 2.024.600.000 11.73%
2015 2.102.100.000 3.69%
2016 2.361.200.000 10.97%
2017 2.414.000.000 2.19%
2018 2.728.800.000 11.54%
2019 3.083.600.000 11.51%
2020 2.959.700.000 -4.19%
2021 3.318.900.000 10.82%
2022 4.109.400.000 19.24%
2023 4.314.000.000 4.74%

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.

Systemair AB (publ) Net Profit
Year Net Profit Growth
2001 35.158.000
2002 37.896.000 7.23%
2003 18.344.000 -106.59%
2004 97.200.000 81.13%
2005 169.500.000 42.65%
2006 253.200.000 33.06%
2007 248.000.000 -2.1%
2008 237.600.000 -4.38%
2009 191.500.000 -24.07%
2010 274.900.000 30.34%
2011 215.400.000 -27.62%
2012 241.000.000 10.62%
2013 438.700.000 45.06%
2014 309.800.000 -41.61%
2015 207.200.000 -49.52%
2016 294.200.000 29.57%
2017 230.500.000 -27.64%
2018 322.300.000 28.48%
2019 381.500.000 15.52%
2020 406.200.000 6.08%
2021 543.900.000 25.32%
2022 1.039.600.000 47.68%
2023 978.800.000 -6.21%

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.

Systemair AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 100%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 100%
2011 1 0%
2012 1 0%
2013 2 50%
2014 1 -100%
2015 1 0%
2016 1 0%
2017 1 0%
2018 2 0%
2019 2 0%
2020 2 0%
2021 3 50%
2022 5 60%
2023 5 -25%

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.

Systemair AB (publ) Free Cashflow
Year Free Cashflow Growth
2001 -149.977.000
2002 52.376.000 386.35%
2003 -23.518.000 322.71%
2004 24.400.000 196.39%
2005 159.900.000 84.74%
2006 111.700.000 -43.15%
2007 122.600.000 8.89%
2008 181.400.000 32.41%
2009 232.200.000 21.88%
2010 165.800.000 -40.05%
2011 199.000.000 16.68%
2012 218.000.000 8.72%
2013 -112.700.000 293.43%
2014 10.900.000 1133.94%
2015 -5.800.000 287.93%
2016 268.000.000 102.16%
2017 -198.900.000 234.74%
2018 147.800.000 234.57%
2019 632.800.000 76.64%
2020 551.500.000 -14.74%
2021 -107.500.000 613.02%
2022 225.200.000 147.74%
2023 432.700.000 47.95%

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.

Systemair AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2001 31.755.000
2002 79.067.000 59.84%
2003 76.861.000 -2.87%
2004 67.700.000 -13.53%
2005 213.500.000 68.29%
2006 192.200.000 -11.08%
2007 218.300.000 11.96%
2008 297.000.000 26.5%
2009 356.500.000 16.69%
2010 249.000.000 -43.17%
2011 289.900.000 14.11%
2012 343.900.000 15.7%
2013 248.800.000 -38.22%
2014 241.300.000 -3.11%
2015 168.900.000 -42.87%
2016 464.500.000 63.64%
2017 224.300.000 -107.09%
2018 386.500.000 41.97%
2019 844.300.000 54.22%
2020 993.900.000 15.05%
2021 235.200.000 -322.58%
2022 587.700.000 59.98%
2023 432.700.000 -35.82%

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.

Systemair AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2001 181.732.000
2002 26.691.000 -580.87%
2003 100.379.000 73.41%
2004 43.300.000 -131.82%
2005 53.600.000 19.22%
2006 80.500.000 33.42%
2007 95.700.000 15.88%
2008 115.600.000 17.21%
2009 124.300.000 7%
2010 83.200.000 -49.4%
2011 90.900.000 8.47%
2012 125.900.000 27.8%
2013 361.500.000 65.17%
2014 230.400.000 -56.9%
2015 174.700.000 -31.88%
2016 196.500.000 11.09%
2017 423.200.000 53.57%
2018 238.700.000 -77.29%
2019 211.500.000 -12.86%
2020 442.400.000 52.19%
2021 342.700.000 -29.09%
2022 362.500.000 5.46%
2023 0 0%

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.

Systemair AB (publ) Equity
Year Equity Growth
2001 348.510.000
2002 383.676.000 9.17%
2003 394.782.000 2.81%
2004 487.300.000 18.99%
2005 681.900.000 28.54%
2006 631.200.000 -8.03%
2007 777.800.000 18.85%
2008 1.003.600.000 22.5%
2009 1.151.600.000 12.85%
2010 1.268.200.000 9.19%
2011 1.399.000.000 9.35%
2012 1.576.000.000 11.23%
2013 1.880.900.000 16.21%
2014 2.082.200.000 9.67%
2015 2.108.200.000 1.23%
2016 2.381.300.000 11.47%
2017 2.620.300.000 9.12%
2018 2.839.200.000 7.71%
2019 3.084.700.000 7.96%
2020 3.330.100.000 7.37%
2021 3.853.500.000 13.58%
2022 5.272.500.000 26.91%
2023 5.605.200.000 5.94%

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.

Systemair AB (publ) Assets
Year Assets Growth
2001 1.197.657.000
2002 1.150.278.000 -4.12%
2003 1.240.500.000 7.27%
2004 1.329.400.000 6.69%
2005 1.507.200.000 11.8%
2006 1.895.000.000 20.46%
2007 2.168.600.000 12.62%
2008 2.401.400.000 9.69%
2009 2.385.200.000 -0.68%
2010 2.611.800.000 8.68%
2011 3.099.800.000 15.74%
2012 3.874.700.000 20%
2013 3.983.400.000 2.73%
2014 4.690.200.000 15.07%
2015 4.802.400.000 2.34%
2016 5.361.200.000 10.42%
2017 6.195.000.000 13.46%
2018 6.810.800.000 9.04%
2019 7.099.900.000 4.07%
2020 6.955.500.000 -2.08%
2021 8.472.400.000 17.9%
2022 9.633.100.000 12.05%
2023 10.076.200.000 4.4%

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.

Systemair AB (publ) Liabilities
Year Liabilities Growth
2001 843.585.000
2002 762.959.000 -10.57%
2003 840.569.000 9.23%
2004 837.000.000 -0.43%
2005 819.400.000 -2.15%
2006 1.252.100.000 34.56%
2007 1.360.200.000 7.95%
2008 1.360.800.000 0.04%
2009 1.217.500.000 -11.77%
2010 1.343.600.000 9.39%
2011 1.700.700.000 21%
2012 2.298.700.000 26.01%
2013 2.102.500.000 -9.33%
2014 2.608.000.000 19.38%
2015 2.694.200.000 3.2%
2016 2.979.900.000 9.59%
2017 3.574.700.000 16.64%
2018 3.971.600.000 9.99%
2019 4.015.200.000 1.09%
2020 3.625.400.000 -10.75%
2021 4.618.900.000 21.51%
2022 4.360.600.000 -5.92%
2023 4.471.000.000 2.47%

Systemair AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
60.24
Net Income per Share
6.1
Price to Earning Ratio
13.16x
Price To Sales Ratio
1.4x
POCF Ratio
14.05
PFCF Ratio
17.25
Price to Book Ratio
2.98
EV to Sales
1.51
EV Over EBITDA
14.19
EV to Operating CashFlow
15.96
EV to FreeCashFlow
18.66
Earnings Yield
0.08
FreeCashFlow Yield
0.06
Market Cap
17,53 Bil.
Enterprise Value
18,97 Bil.
Graham Number
60.77
Graham NetNet
-13.63

Income Statement Metrics

Net Income per Share
6.1
Income Quality
0.71
ROE
0.24
Return On Assets
0.12
Return On Capital Employed
0.23
Net Income per EBT
0.81
EBT Per Ebit
0.91
Ebit per Revenue
0.12
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.34
Operating Profit Margin
0.12
Pretax Profit Margin
0.11
Net Profit Margin
0.09

Dividends

Dividend Yield
0.01
Dividend Yield %
1.37
Payout Ratio
0
Dividend Per Share
1.1

Operating Metrics

Operating Cashflow per Share
5.71
Free CashFlow per Share
4.89
Capex to Operating CashFlow
-0.14
Capex to Revenue
-0.01
Capex to Depreciation
-1.64
Return on Invested Capital
0.18
Return on Tangible Assets
0.14
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
106.8
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
3.42
Capex per Share
-0.83

Balance Sheet

Cash per Share
2,06
Book Value per Share
26,91
Tangible Book Value per Share
20.58
Shareholders Equity per Share
26.91
Interest Debt per Share
8.96
Debt to Equity
0.33
Debt to Assets
0.19
Net Debt to EBITDA
1.07
Current Ratio
1.71
Tangible Asset Value
4,28 Bil.
Net Current Asset Value
1,33 Bil.
Invested Capital
0.33
Working Capital
2,41 Bil.
Intangibles to Total Assets
0.13
Average Receivables
1,44 Bil.
Average Payables
0,00 Bil.
Average Inventory
2444550000
Debt to Market Cap
0.11

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.

Systemair AB (publ) Dividends
Year Dividends Growth
2008 2
2009 1 0%
2010 1 100%
2011 2 0%
2012 1 0%
2013 2 0%
2014 2 0%
2015 2 50%
2016 2 0%
2017 2 0%
2018 10 80%
2019 2 -400%
2021 3 33.33%
2023 1 -200%

Systemair AB (publ) Profile

About Systemair AB (publ)

Systemair AB (publ), a ventilation company, engages in the manufacture and sale of ventilation products in Europe, the United States, the Middle East, Asia, Australia, Africa, and internationally. The company offers heating products, including convectors, controls, ceiling fans, air curtains, radiant and fan heaters; fans and accessories, such as circular and rectangular inline duct, roof, axial, explosion proof, domestic, smoke extract, and other fans, as well as electrical accessories for ventilation and fans for aggressive media; and residential systems comprising residential fans, counter flow and rotary units, vacuum systems, heat pumps, vacuum pumps, ducts, cooker hoods, filters, valves and grilles, and accessories for residential systems. It also provides fire safety products that include fire and smoke control dampers; air distribution products consisting of grilles, air volume controls, diffusers, and external louvers; air handling units, including compact and modular AHUs, roof ventilation units, and compact and modular AHU accessories; and air conditioning systems, such as hydronic and DX systems. The company's products are used in homes, offices, factories, hospitals, swimming pools, multi-storey car parks, and airports, as well as data centers, schools and public buildings, and marine, and oil and gas industries. It sells its products to ventilation contractors and distributors under the Systemair, Frico, Fantech, and Menerga brand names. Systemair AB (publ) was incorporated in 1972 and is headquartered in Skinnskatteberg, Sweden.

CEO
Mr. Roland Kasper
Employee
6.518
Address
Industrivägen 3
Skinnskatteberg, 739 30

Systemair AB (publ) Executives & BODs

Systemair AB (publ) Executives & BODs
# Name Age
1 Mr. Mats Sandor
Senior Technical Director
70
2 Mr. Bjorn-Osvald Skandsen
Vice President of Products & Marketing, Marketing Director of Frico and Chief Executive Officer Systemair AS, Norway
70
3 Mr. Mudassar Ali
Group Controller
70
4 Mr. Roland Kasper
Group Chief Executive Officer & President
70
5 Mr. Anders Ulff
Chief Financial Officer & Secretary to the Board
70
6 Mr. Olle Glassel
Vice President of Sales
70
7 Janni Weber
Vice President of M&A
70
8 Mr. Anders Gustafsson M.Sc. (Eng)
Vice President of Global Supply Chain
70

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