(RATO-A) Ratos (publ) - Ratings and Ratios
Private Equity, Investments, Buyouts, Acquisitions
RATO-A EPS (Earnings per Share)
RATO-A Revenue
Description: RATO-A Ratos (publ)
Ratos AB (publ) is a private equity firm that specializes in buyouts, turnarounds, and middle market transactions, focusing on unlisted medium-sized companies in the Nordic region, particularly in Sweden, Finland, Denmark, and Norway. The firm invests in various sectors, including industry, construction, services, consumer, and technology, with a minimum equity investment of SEK 250 million and a maximum of SEK 5,000 million.
From a trading analysts perspective, its essential to evaluate Ratos investment strategy and performance. The firms preference for being the principal owner with a minimum holding of 20% and seeking a board seat indicates a hands-on approach, potentially leading to more significant influence over the companies they invest in. Their investment horizon of 5-10 years suggests a long-term focus, which can be beneficial for creating value in their portfolio companies.
Key Performance Indicators (KPIs) to monitor Ratos performance include the Net Asset Value (NAV) per share, which can be compared to the current market price to determine if the stock is undervalued or overvalued. Other relevant KPIs include the firms Internal Rate of Return (IRR) and cash flow generation, which can indicate the effectiveness of their investment strategy. Additionally, the portfolio companys EBITDA margins and revenue growth can provide insights into the operational performance of Ratos investments.
Analyzing Ratos financials, the current P/E ratio of 24.70 and forward P/E of 10.55 suggest a potential decrease in earnings growth expectations. The Return on Equity (RoE) of 24.35% indicates a relatively high return on shareholders equity. To further assess the stocks attractiveness, its crucial to compare these metrics to industry peers and the broader market.
Considering Ratos investment focus and strategy, its also essential to monitor the overall private equity market and trends in the Nordic region. This includes tracking the availability of potential investment targets, competition from other private equity firms, and macroeconomic factors that may impact the firms investments.
RATO-A Stock Overview
| Market Cap in USD | 1,225m |
| Sub-Industry | Environmental & Facilities Services |
| IPO / Inception |
RATO-A Stock Ratings
| Growth Rating | 23.9% |
| Fundamental | 62.2% |
| Dividend Rating | 65.2% |
| Return 12m vs S&P 500 | -8.53% |
| Analyst Rating | - |
RATO-A Dividends
| Dividend Yield 12m | 3.66% |
| Yield on Cost 5y | 4.77% |
| Annual Growth 5y | 13.97% |
| Payout Consistency | 84.1% |
| Payout Ratio | 14.3% |
RATO-A Growth Ratios
| Growth Correlation 3m | -83.3% |
| Growth Correlation 12m | 63.1% |
| Growth Correlation 5y | -31.8% |
| CAGR 5y | 6.37% |
| CAGR/Max DD 5y | 0.10 |
| Sharpe Ratio 12m | -0.11 |
| Alpha | -3.55 |
| Beta | 0.917 |
| Volatility | 32.64% |
| Current Volume | 5.7k |
| Average Volume 20d | 2k |
| Stop Loss | 37.3 (-3.1%) |
| Signal | 2.51 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (3.10b TTM) > 0 and > 6% of Revenue (6% = 1.70b TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA 0.84pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 7.41% (prev -4.87%; Δ 12.28pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 2.97b <= Net Income 3.10b (YES >=105%, WARN >=100%) |
| Net Debt (-1.51b) to EBITDA (3.30b) ratio: -0.46 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.44 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (327.4m) change vs 12m ago -0.38% (target <= -2.0% for YES) |
| Gross Margin 44.56% (prev 16.17%; Δ 28.38pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 84.45% (prev 90.82%; Δ -6.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.98 (EBITDA TTM 3.30b / Interest Expense TTM 522.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.79
| (A) 0.07 = (Total Current Assets 6.83b - Total Current Liabilities 4.73b) / Total Assets 30.86b |
| (B) 0.35 = Retained Earnings (Balance) 10.87b / Total Assets 30.86b |
| (C) 0.05 = EBIT TTM 1.55b / Avg Total Assets 33.53b |
| (D) 0.85 = Book Value of Equity 11.83b / Total Liabilities 13.99b |
| Total Rating: 2.79 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 62.19
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 13.68% = 5.0 |
| 3. FCF Margin 9.40% = 2.35 |
| 4. Debt/Equity 0.63 = 2.31 |
| 5. Debt/Ebitda 2.82 = -1.51 |
| 6. ROIC - WACC 2.28% = 2.85 |
| 7. RoE 24.35% = 2.03 |
| 8. Rev. Trend -40.21% = -2.01 |
| 9. Rev. CAGR -8.02% = -1.34 |
| 10. EPS Trend 20.48% = 0.51 |
| 11. EPS CAGR 142.5% = 2.50 |
What is the price of RATO-A shares?
Over the past week, the price has changed by +2.43%, over one month by +2.43%, over three months by -8.89% and over the past year by +6.64%.
Is Ratos (publ) a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of RATO-A is around 36.68 SEK . This means that RATO-A is currently overvalued and has a potential downside of -4.73%.
Is RATO-A a buy, sell or hold?
What are the forecasts/targets for the RATO-A price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 39.9 | 3.5% |
RATO-A Fundamental Data Overview
Market Cap SEK = 11.66b (11.66b SEK * 1.0 SEK.SEK)
CCE Cash And Equivalents = 1.51b SEK (last quarter)
P/E Trailing = 24.5638
P/E Forward = 13.21
P/S = 0.3711
P/B = 0.8067
Beta = 1.215
Revenue TTM = 28.31b SEK
EBIT TTM = 1.55b SEK
EBITDA TTM = 3.30b SEK
Long Term Debt = 8.36b SEK (from longTermDebt, last quarter)
Short Term Debt = 945.0m SEK (from shortTermDebt, last quarter)
Debt = 9.30b SEK (Calculated: Short Term 945.0m + Long Term 8.36b)
Net Debt = -1.51b SEK (from netDebt column, last quarter)
Enterprise Value = 19.45b SEK (11.66b + Debt 9.30b - CCE 1.51b)
Interest Coverage Ratio = 2.98 (Ebit TTM 1.55b / Interest Expense TTM 522.0m)
FCF Yield = 13.68% (FCF TTM 2.66b / Enterprise Value 19.45b)
FCF Margin = 9.40% (FCF TTM 2.66b / Revenue TTM 28.31b)
Net Margin = 10.94% (Net Income TTM 3.10b / Revenue TTM 28.31b)
Gross Margin = 44.56% ((Revenue TTM 28.31b - Cost of Revenue TTM 15.70b) / Revenue TTM)
Tobins Q-Ratio = 1.64 (Enterprise Value 19.45b / Book Value Of Equity 11.83b)
Interest Expense / Debt = 1.47% (Interest Expense 137.0m / Debt 9.30b)
Taxrate = 35.10% (from yearly Income Tax Expense: 358.0m / 1.02b)
NOPAT = 1.01b (EBIT 1.55b * (1 - 35.10%))
Current Ratio = 1.44 (Total Current Assets 6.83b / Total Current Liabilities 4.73b)
Debt / Equity = 0.63 (Debt 9.30b / last Quarter total Stockholder Equity 14.85b)
Debt / EBITDA = 2.82 (Net Debt -1.51b / EBITDA 3.30b)
Debt / FCF = 3.50 (Debt 9.30b / FCF TTM 2.66b)
Total Stockholder Equity = 12.72b (last 4 quarters mean)
RoA = 10.04% (Net Income 3.10b, Total Assets 30.86b )
RoE = 24.35% (Net Income TTM 3.10b / Total Stockholder Equity 12.72b)
RoCE = 7.37% (Ebit 1.55b / (Equity 12.72b + L.T.Debt 8.36b))
RoIC = 7.92% (NOPAT 1.01b / Invested Capital 12.72b)
WACC = 5.65% (E(11.66b)/V(20.96b) * Re(9.39%)) + (D(9.30b)/V(20.96b) * Rd(1.47%) * (1-Tc(0.35)))
Shares Correlation 5-Years: 70.0 | Cagr: 0.18%
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 77.19% ; FCFE base≈2.72b ; Y1≈3.36b ; Y5≈5.73b
Fair Price DCF = 902.6 (DCF Value 76.40b / Shares Outstanding 84.6m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: -40.21 | Revenue CAGR: -8.02%
Rev Growth-of-Growth: -20.61
EPS Correlation: 20.48 | EPS CAGR: 142.5%
EPS Growth-of-Growth: 35.51