SKF AB
OTC:SKUFF
Intrinsic Value
SKF AB engages in the manufacture of machine and rotating equipment. [ Read More ]
The intrinsic value of one SKUFF stock under the Base Case scenario is 26.6 USD. Compared to the current market price of 22.33 USD, SKF AB is Undervalued by 16%.
Valuation Backtest
SKF AB
Run backtest to discover the historical profit from buying and selling SKUFF stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
SKF Q2 Report: Strong Sales and Profit Growth
2023-Q2 Earnings Call
SKF's Q2 results showcase a record quarter with an 8% organic sales growth, indicating a steadfast momentum in their profitable growth journey. Sales exceeded SEK 27 billion, with an adjusted operating profit of SEK 3.6 billion and a net cash flow from operations at SEK 3.7 billion. Their operating margin improved to 13.3%, edging closer to the 14% target. Industrial business grew nearly 6%, with particularly strong performances in EMEA and Asia, excluding China's modest growth. Americas saw limited growth at 1.6%, due to OEM destocking, while certain sectors like railway maintained double-digit growth. The Automotive segment saw a remarkable 14% growth and reached a 7% adjusted operating margin, a substantial climb from the previous year and a step towards the 2025 target of 8%. High-growth segments, especially electric vehicles, continued their upward trajectory with a 26% growth in the quarter, predominantly in Europe. SKF prioritizes portfolio management and technology innovation, notably in ceramic bearings for which demand is surging. Sustainability underpins their strategy, with cleantech solutions witnessing rising demand and the introduction of product category rules to facilitate industry-wide sustainability assessments.
Balance Sheet Decomposition
SKF AB
Current Assets | 59.9B |
Cash & Short-Term Investments | 14.1B |
Receivables | 16.8B |
Other Current Assets | 29.1B |
Non-Current Assets | 52B |
Long-Term Investments | 1.6B |
PP&E | 29.8B |
Intangibles | 17B |
Other Non-Current Assets | 3.6B |
Current Liabilities | 27.6B |
Accounts Payable | 11.2B |
Other Current Liabilities | 16.4B |
Non-Current Liabilities | 31.5B |
Long-Term Debt | 17.9B |
Other Non-Current Liabilities | 13.7B |
Earnings Waterfall
SKF AB
Revenue
|
103.9B
SEK
|
Cost of Revenue
|
-77.4B
SEK
|
Gross Profit
|
26.5B
SEK
|
Operating Expenses
|
-15.1B
SEK
|
Operating Income
|
11.4B
SEK
|
Other Expenses
|
-5B
SEK
|
Net Income
|
6.4B
SEK
|
Free Cash Flow Analysis
SKF AB
What is Free Cash Flow?
SKUFF Profitability Score
Profitability Due Diligence
SKF AB's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
Score
SKF AB's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
SKUFF Solvency Score
Solvency Due Diligence
SKF AB's solvency score is 64/100. The higher the solvency score, the more solvent the company is.
Score
SKF AB's solvency score is 64/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SKUFF Price Targets Summary
SKF AB
According to Wall Street analysts, the average 1-year price target for SKUFF is 23.15 USD .
Shareholder Return
SKF B Price
SKF AB
Average Annual Return | 5.41% |
Standard Deviation of Annual Returns | 19.82% |
Max Drawdown | -43% |
Market Capitalization | 99.5B SEK |
Shares Outstanding | 455 351 068 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
SKF AB engages in the manufacture of machine and rotating equipment. The company is headquartered in Goeteborg, Vastra Gotalands and currently employs 42,602 full-time employees. The firm's services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The firm's segments include Industrial and Automotive. The firm develops and manufactures a range of products for the industrial market, including bearings, seals, lubrication systems and condition monitoring. The company also provides a range of services and solutions around the rotating shaft in the areas of machine health, reliability engineering and remanufacturing. The firm provides a range of products, solutions and services to manufacturers of cars, light and heavy trucks, trailers, buses and two-wheelers. The vehicle aftermarket is served directly, as well as indirectly through a network of distributors and dealers.
Contact
IPO
Employees
Officers
The intrinsic value of one SKUFF stock under the Base Case scenario is 26.6 USD.
Compared to the current market price of 22.33 USD, SKF AB is Undervalued by 16%.