Garo AB

Garo AB

GARO · ST · Industrials / Electrical Equipment & Parts

14.40SEK+1.60 (+12.50%)

Price History

Full chart

Market Stats

Previous Close12.80
Open13.26
Day Range13.26 – 14.76
52-Week Range10.28 – 18.88
Volume290.70K
Market Cap570.00M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.93
Dividend Yield0.00%
Beta1.33
50-Day Avg11.36
200-Day Avg12.75

About

Garo Aktiebolag (publ), together with its subsidiaries, develops, manufactures, and markets electrical installation materials in Sweden, Norway, Ireland, the United Kingdom, Finland, Denmark, Austria, Poland, Belgium, and internationally. The company's E-mobility business markets destination charging for electric cars, chargeable hybrid cars, and heavy electrically driven vehicle traffic, which offers wall boxes, public charging poles, fast chargers, cable cabinets for power supply, load balancing, programming, metering, and software service. Its electrification business develops and produces electrical installers, including distribution cabinets containing media, control and metering, exterior facades, and ground meter cabinets primarily to property owners, construction companies, housing manufacturers, municipalities, other public operations, and rental companies in the construction sector; and standard components, connectors, smart engine heater outlets, and electric posts for camping and marinas. In addition, the company offers lighting and charging posts for campsites and camping facilities; G-Cloud, a web-based metering collection service; and energy meters. Garo Aktiebolag (publ) was founded in 1939 and is headquartered in Gnosjö, Sweden.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Tobias Byfeldt
  • Employees346
  • HeadquartersSOedergatan 26, Gnosjö, Sweden, 335 33, Sweden
  • Websitehttps://www.garo.se

Leadership

  • Mr. Tobias ByfeldtCEO & President
  • Ms. Helena ClaessonChief Financial Officer · b. 1969
  • Mr. Joseph ReeChief Operating Officer · b. 1962
  • Mr. Paul FoxChief Technology Officer · b. 1967
  • Carlos Paso CallesesManaging Director
  • Mr. Andreas OlssonSustainability Manager

Financials

Income Statement

Currency: SEK2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue383.10M441.70M554.10M657.80M796.00M903.70M1.01B1.04B1.30B1.39B1.37B1.15B1.04B
Growth (%)-+15.30%+25.45%+18.72%+21.01%+13.53%+11.55%+3.14%+24.62%+7.31%-1.48%-15.91%-9.42%
Cost of Revenue194.70M226.70M290.10M340.20M403.00M454.80M515.70M522.20M645.60M722.00M1.31B670.50M564.60M
Gross Profit188.40M215.00M264.00M317.60M393.00M448.90M492.40M517.60M650.20M668.50M60.60M481.50M478.90M
Gross Margin49.18%48.68%47.64%48.28%49.37%49.67%48.84%49.78%50.18%48.08%4.42%41.80%45.89%
Operating Expense164.40M175.20M201.60M243.80M294.90M335.10M357.20M361.50M405.30M477.10M9.50M537.20M489.00M
Operating Income24.00M39.80M62.40M73.80M98.10M113.80M135.20M156.10M244.90M191.40M51.10M-55.70M-10.10M
Operating Margin6.26%9.01%11.26%11.22%12.32%12.59%13.41%15.01%18.90%13.76%3.73%-4.84%-0.97%
EBITDA34.00M50.40M72.10M85.90M110.60M122.60M136.60M150.20M236.70M180.80M99.60M500.00K43.70M
EBITDA Margin8.87%11.41%13.01%13.06%13.89%13.57%13.55%14.45%18.27%13.00%7.27%0.04%4.19%
Net Income15.00M22.90M45.80M57.00M85.60M82.70M85.70M95.40M166.70M120.50M31.30M-60.10M-17.50M
Net Income Margin3.92%5.18%8.27%8.67%10.75%9.15%8.50%9.17%12.86%8.67%2.28%-5.22%-1.68%
R&D--2.80M3.20M2.30M2.60M2.60M4.30M11.40M11.20M16.60M22.90M-
R&D as % of Total Revenue--0.51%0.49%0.29%0.29%0.26%0.41%0.88%0.81%1.21%1.99%-
Interest Expense1.90M2.80M2.20M2.10M2.50M1.90M4.20M4.60M3.90M2.60M13.20M18.40M18.10M
Interest Expense % of Total Revenue0.50%0.63%0.40%0.32%0.31%0.21%0.42%0.44%0.30%0.19%0.96%1.60%1.73%

Balance Sheet

Currency: SEK2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets257.90M279.80M314.90M374.00M533.90M565.80M657.40M743.30M936.90M1.15B1.20B1.11B1.00B
Total Liabilities125.60M144.10M158.00M179.60M281.20M269.60M314.40M313.00M385.40M539.40M589.10M556.60M475.60M
Total Equity132.30M135.70M156.90M194.40M252.70M296.20M343.00M430.30M551.50M614.10M609.50M555.50M529.40M
Cash10.10M22.00M23.20M41.60M28.20M8.40M40.80M69.40M81.60M29.50M50.00M16.50M17.00M
Total Debt49.60M41.30M22.80M24.30M84.30M54.10M86.40M80.70M72.20M173.20M272.10M298.10M256.80M
Net Debt39.50M19.30M-400.00K-17.30M56.10M45.70M45.60M11.30M-9.40M143.70M222.10M281.60M239.80M

Cash Flow

Currency: SEK2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow10.00M45.20M54.00M48.40M51.50M73.90M121.90M86.90M121.70M89.20M25.60M-35.80M57.90M
Investing Cash Flow-10.40M-5.10M-13.10M-11.70M-95.10M-21.90M-32.10M-45.30M-44.30M-119.10M-51.00M-17.10M-11.60M
Financing Cash Flow-1.40M-28.30M-38.50M-20.00M30.40M-71.90M-57.90M-12.70M-65.40M-22.40M45.00M18.10M-44.90M
Capital Expenditure10.40M6.30M13.80M12.80M51.40M23.20M31.00M39.60M45.30M120.10M108.20M19.60M11.60M
Free Cash Flow-400.00K38.90M40.20M35.60M100.00K50.70M90.90M47.30M76.40M-30.90M-82.60M-55.40M46.30M
Dividends Paid8.00M20.00M20.00M20.30M28.90M40.40M40.30M47.50M47.50M70.00M40.00M0-
FCF to OCF-4.00%86.06%74.44%73.55%0.19%68.61%74.57%54.43%62.78%-34.64%-322.66%154.75%79.97%
Dividend Paid to FCF-2000.00%51.41%49.75%57.02%28900.00%79.68%44.33%100.42%62.17%-226.54%-48.43%0.00%-

Earnings

Report DateMay 26, 2016Aug 26, 2016Nov 15, 2016Feb 22, 2017May 4, 2017Aug 25, 2017Oct 31, 2017Feb 21, 2018May 2, 2018Aug 24, 2018Oct 31, 2018Feb 19, 2019May 15, 2019Aug 22, 2019Nov 7, 2019Feb 18, 2020May 19, 2020Aug 27, 2020Nov 18, 2020Feb 12, 2021May 5, 2021Aug 12, 2021Nov 11, 2021Feb 23, 2022May 11, 2022Aug 16, 2022Nov 11, 2022Feb 23, 2023May 11, 2023Aug 15, 2023Nov 10, 2023Feb 21, 2024May 14, 2024Aug 16, 2024Nov 15, 2024Feb 21, 2025May 14, 2025Aug 22, 2025Nov 14, 2025Feb 19, 2026May 13, 2026Aug 14, 2026Nov 13, 2026
EPS Estimate-0.030.240.411.830.301.790.460.452.031.950.370.560.450.410.430.560.370.250.410.730.520.610.720.850.840.920.630.100.310.450.26-0.070.01-0.01-0.670.040.460.030.070.150.040.150.23
EPS Actual0.050.310.352.170.371.790.460.521.911.540.450.510.560.370.360.490.290.360.570.690.770.850.790.931.070.670.530.140.410.40-0.19-0.01-0.16-0.18-0.84-0.030.01-0.17-0.02-0.09-0.34-0.30-
Surprise266.67%29.17%-14.63%18.58%23.33%0.00%0.00%15.56%-5.91%-21.03%21.62%-8.93%24.44%-9.76%-16.28%-12.50%-21.62%44.00%39.02%-5.48%48.08%39.34%9.72%9.41%27.38%-27.17%-15.87%40.00%32.26%-11.11%-173.08%85.71%-1700.00%-1700.00%-25.37%-175.00%-97.83%-666.67%-128.57%-160.00%-950.00%-300.00%-
TimingPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap570.00M
Enterprise Value757.70M
Trailing P/E0.00
Forward P/E0.00
PEG Ratio0.00
Price / Sales0.55
Price / Book1.10
EPS-0.93
Book Value9.92
Revenue (TTM)1.03B
Gross Profit (TTM)453.30M
EBITDA24.30M
Profit Margin-4.50%
Operating Margin-8.63%
Return on Equity-8.92%
Return on Assets0.63%
Shares Outstanding50.00M
Shares Float27.11M
Beta1.33
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20232×
0.40Nov 14, 20230.40May 12, 2023
20221×
1.40May 12, 2022
20211×
0.95May 6, 2021
20191×
0.80May 16, 2019
20181×
0.80May 3, 2018
20171×
0.57May 5, 2017

Stock Splits

  • May 25, 20215:1