Operating Margin

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Price: 23.95 USD Market Closed

Market Cap: $15.3B

12.5%

Declining

by 1.3%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

12.5%

Operating Income

kr3.5B

Revenue

kr27.7B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

12.5%

Operating Income

$3.5B

Revenue

kr27.7B

Peer Comparison

Country		Company	Market Cap	Operating Margin
SE		Investment AB Latour STO:LATO B	143.3B SEK	Loading...
US		General Electric Co NYSE:GE	311.5B USD	Loading...
DE		Siemens AG XETRA:SIE	199.7B EUR	Loading...
JP		Hitachi Ltd TSE:6501	23T JPY	Loading...
US		Honeywell International Inc NASDAQ:HON	143.5B USD	Loading...
US		3M Co NYSE:MMM	82.5B USD	Loading...
CN		CITIC Ltd HKEX:267	372.6B HKD	Loading...
US	R	Roper Technologies Inc F:ROP	31.4B EUR	Loading...
KR		Samsung C&T Corp KRX:028260	50T KRW	Loading...
HK		CK Hutchison Holdings Ltd HKEX:1	253.9B HKD	Loading...
HK		Jardine Matheson Holdings Ltd SGX:J36	21.5B USD	Loading...

Market Distribution

Min	-2 025 693.8%
30th Percentile	-1.8%
Median	6%
70th Percentile	12.5%
Max	10 459.2%

Other Profitability Ratios

Investment AB Latour
Glance View

Economic Moat

None

Market Cap

15.3B USD

Industry

Industrial Conglomerates

In the intricate realm of investment conglomerates, Investment AB Latour stands as a quintessential player, masterfully weaving together strategic prowess and industrial acumen to generate sustainable growth. Founded in 1985 by the entrepreneurial Jan-Olof Johansson, Latour has etched its name in the annals of Swedish enterprise by fostering an avant-garde model that deftly balances long-term industrial ownership with financial investments. The company, headquartered in Gothenburg, has cultivated a diversified portfolio that spans both wholly owned industrial operations and a robust array of publicly traded companies. This dual focus allows Latour to leverage its subsidiaries, such as Swegon (indoor climate solutions), Latour Industries (varied industrial operations), and several others, to create synergies and drive operational efficiencies, while simultaneously capitalizing on market opportunities through minority stakes in other publicly traded entities. At the heart of Latour's financial engine lies a shrewd capacity for organic growth bolstered by strategic acquisitions. The company's approach is predicated on an astute understanding of value creation, achieved by nurturing its industrial arm alongside actively managing a carefully curated selection of listed equities. Latour’s investment philosophy is underpinned by long-termism, placing a premium on quality businesses and management teams. Its dynamic investment portfolio typically encompasses sectors like technology, engineering, and healthcare—fields ripe with innovation potential. Through prudent capital allocation and a knack for identifying enduring competitive advantages, Latour not only enhances shareholder value but also fortifies its market position. In essence, Latour's adept synthesis of industrial management and strategic investment continues to propel its journey, enabling it to consistently create and perpetuate wealth.

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IVTBF Intrinsic Value

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What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Investment AB Latour
OTC:IVTBF

Peer Comparison

Market Distribution

Other Profitability Ratios

Investment AB Latour
Glance View

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52 Week Range	23.2 27.6459
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Investment AB Latour OTC:IVTBF