TROAX GROUP AB chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 4.73
Dividend & Yield3.15kr (1.89%)
Beta 1.78
Market capitalization 9.97B
Operating cash flow 39.77M
ESG Scores unknown

Company description

Troax Group AB (publ), through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Continental Europe, and internationally. The company offers machine guarding systems, such as panels, posts, fixings, doors, locks and switches, barrier protection, and stainless steel machine guards; partition walls, anti-collapse systems, shelves, mesh panels for data centers, guard rails and kick plates on mezzanine, cage storages, single and double locker systems, and art storages; and mesh partition for storage spaces in apartment buildings, cellars, and attics; storage systems; vehicle storage systems; self storage systems, such as panels, hinged doors, roll up doors, mesh, kick plates, and corner guards, soffits, and burglar bars. It also provides accessories, comprising of wire tray systems, smart posts, cutting profiles, smart splice, kick plates, end profiles, panel curves, panel flexi, snapper, edge and gap covers, foam infills, PC holders, extension brackets, functional bonding, door closer, tubes, door frame fixings, cut profile partitioning and anti-collapse, raising foot, end raising foot, corner bracket, door closer partitioning, espagnolette, secure fasteners, shelf, store room numbering, door system holder numberplates, door system kit silence, spare parts securing plates, and door reinforcements. Troax Group AB (publ) was founded in 1955 and is headquartered in Hillerstorp, Sweden.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio1.84
Working Capital0.51
Return On Equity0.28
Debt To Equity0.49
Fixed Asset Ratio0.03
Fixed Interest Cover54.05

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 2.48M 3.82M -4.92M 11.54M
Total Cashflows From Investing Activities -9.05M -8.74M -14.82M -14.58M
Net Borrowings -2.62M -2.62M -2.76M -3.39M
Total Cash From Financing Activities -7.99M -12.63M -9.49M -15.27M
Change To Operating Activities -2.42M -2.2M -4.93M -1.18M
Issuance Of Stock 100k 58k 50k 95k
Net Income 24.38M 24.35M 23.24M 39.78M
Change In Cash 8.62M 7.64M 2.12M 2.7M
Effect Of Exchange Rate -454k -390k 130k 379k
Total Cash From Operating Activities 26.12M 29.41M 26.31M 32.17M
Depreciation 2.63M 6.01M 7.45M 9.89M
Change To Account Receivables -1.62M -1.65M 8.86M -14.15M
Other Cashflows From Financing Activities
Change To Netincome 1.91M 1.7M -2.26M 3.77M
Capital Expenditures -8.98M -8.92M -5.51M -13.45M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 32.06M 32.04M 30.1M 51.37M
Net Income 24.38M 24.35M 23.24M 39.78M
Selling General Administrative 30.44M 33.56M 34.27M 42.17M
Gross Profit 63.58M 67.03M 64.24M 94.17M
Ebit 33.23M 32.95M 31.31M 52.59M
Operating Income 33.23M 32.95M 31.31M 52.59M
Interest Expense -818k -853k -671k -973k
Income Tax Expense 7.68M 7.69M 6.86M 11.6M
Total Revenue 161.04M 167.96M 163.62M 252.28M
Cost Of Revenue 97.46M 100.93M 99.38M 158.11M
Total Other Income ExpenseNet -1.18M -914k -1.21M -1.22M
Net Income From Continuing Ops 24.38M 24.35M 23.24M 39.78M
Net Income Applicable To Common Shares 24.38M 24.35M 23.24M 39.78M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 108.9M 124.7M 131.31M 148.76M
Total Stockholder Equity 82.59M 95.72M 114.03M 142.56M
Other Current Liabilities 6.3M 6.35M 5.64M 12.07M
Total Assets 191.49M 220.43M 245.34M 291.32M
Common Stock 2.57M 2.57M 2.57M 2.57M
Other Current Assets 1.69M 3.61M
Retained Earnings 65.13M 80.08M 95.84M 123.96M
Treasury Stock -16.01M -17.21M -13.91M -13.6M
Cash 22.73M 30.37M 32.49M 35.19M
Total Current Liabilities 30.8M 33.37M 31.11M 50.53M
Other Stockholder Equity -16.01M -17.21M -13.91M -13.6M
Property, Plant, and Equipment 26.16M 41.77M 51.47M 60.28M
Total Current Assets 71.91M 85.11M 92.49M 128.35M
Net Tangible Assets -5.35M 8.38M 18.93M 46.91M
Net Receivables 37.01M 39.71M 39.95M 53.9M
Accounts Payable 15.89M 19.71M 17.01M 28.55M


Insider Transactions

Here are the insider transactions of stock shares related to TROAX GROUP AB:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TROAX GROUP AB. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TROAX GROUP AB

Here is the result of two systematic investment strategies applied to TROAX GROUP AB. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TROAX GROUP AB

The following chart shows the equity curve of the two systematic investment strategies applied to TROAX GROUP AB:

TROAX GROUP AB automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 210.5% on the backtest period.

Performance at glance

Performance

210.5 %

Latent gain

3896.13 kr

Invested capital

1850.87 kr

Annualized return

50.85 %
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Momentum strategy results on TROAX GROUP AB

This is the result of two momentum investment strategies applied to TROAX GROUP AB. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TROAX GROUP AB

The following chart shows all the entries opened by the momentum investment system on TROAX GROUP AB:

TROAX GROUP AB momentum entries
  • The first momentum investment strategy would give 249.58% of return on TROAX GROUP AB. That represents 14067.6kr of latent gain with 5636.4kr of employed capital.
  • The second momentum investment strategy would give 231.72% of return on TROAX GROUP AB. That represents 9176.0kr of latent gain with 3960.0kr of employed capital.
Performance at glance (1Q Momentum)

Performance

249.58 %

Latent gain

14067.6 kr

Invested capital

5636.4 kr

Annualized return

85.56 %
Performance at glance (2Q Momentum)

Performance

231.72 %

Latent gain

9176.0 kr

Invested capital

3960.0 kr

Annualized return

63.31 %

Momentum equity curve on TROAX GROUP AB

The following chart shows the equity curve of the two momentum strategies applied to TROAX GROUP AB:

TROAX GROUP AB momentum equity

Note: the dividends potentially given by TROAX GROUP AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TROAX GROUP AB

The following chart shows the employed capital evolution of the two momentum strategies on TROAX GROUP AB since the beginning:

TROAX GROUP AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on TROAX GROUP AB

Buy the dip entry openings on TROAX GROUP AB

TROAX GROUP AB

The performance achieved by the robo-advisor on TROAX GROUP AB is 183.1%. That represents 531.0$ of latent gain with 290.0kr of employed capital. The following chart shows TROAX GROUP AB stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TROAX GROUP AB, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

183.1 %

Latent gain

531.0 kr

Invested capital

290.0 kr

Annualized return

85.56 %

Equity curve of the strategy applied to TROAX GROUP AB

The following chart shows the result of the investment strategy applied to TROAX GROUP AB:

TROAX GROUP AB

Note: the dividends potentially given by TROAX GROUP AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TROAX GROUP AB

The following chart shows the employed capital evolution since the beginning of the investment strategy on TROAX GROUP AB:

TROAX GROUP AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TROAX GROUP AB

In this section, I will compare the three previous investment strategies applied to TROAX GROUP AB.

Equity curve comparison on TROAX GROUP AB

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TROAX GROUP AB investment strategy comparison

Employed capital comparison on TROAX GROUP AB

TROAX GROUP AB investment comparison

Performance comparison on TROAX GROUP AB

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 210.5% 3896.13kr 1850.87kr 50.85%
Momentum 1 quarter 249.58% 14067.6kr 5636.4kr 63.99%
Momentum 2 quarters 231.72% 9176.0kr 3960.0kr 63.31%
Non-directional 183.1% 531.0kr 290.0kr 85.56%
Annualized return comparison

Automatic investment

50.85 %

Momentum 1Q

63.31 %

Momentum 2Q

63.31 %

Non-directional

85.56 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TROAX GROUP AB:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TROAX GROUP AB and the other stocks. There may be false positives or some missing correlated stocks. If the price of TROAX GROUP AB does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TROAX GROUP AB
Country Sweden
City Hillerstorp
Address Tyngel 34
Phone 46 37 08 28 00
Website www.troax.com
FullTime employees 1120
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XSTO
Ticker TROAX.XSTO
Market www.nasdaqomxnordic.com

TROAX GROUP AB ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown