Concentric AB (publ)

Concentric AB (publ)

COIC.ST
Concentric AB (publ)SE flagStockholm Stock Exchange
230.00
SEK
- -
- -
8.54BMarket Cap
Concentric AB (publ)
COIC.ST
(Stockholm Stock Exchange)

Recent

price

230.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
41.32
44.71
51.63
48.28
42.3
47.86
54.83
48.97
52.29
61.29
52.44
39.72
55.8
106.85
111.03
105.21
Revenue per Share
-3.94
0.79
3.98
3.88
4.01
5.55
6.44
6.01
7.53
10.3
8.37
5.42
8.92
13.2
11.01
7.61
Basic EPS, GAAP
1.59
4.25
4
5.47
3.6
7.25
8.11
9.7
8.62
13.61
9.56
8.65
6.31
12.3
13.76
11.65
Free Cash Flow per Basic Share
- -
- -
- -
2
2.5
2.79
3.02
3.27
3.53
3.76
4.27
3.25
3.51
3.74
4.01
4.22
Dividend per Share
- -
- -
0.07
0.45
4.17
1.43
1.95
1.59
3.33
5.72
7.01
8.81
15.96
27.03
31.53
- -
Book Value per Share
-10.81
-5.13
-5.81
-4.58
-2
-3.13
-2.02
-0.49
1.64
5.49
8.29
8.14
-7.6
4.74
10.8
9.7
Tangible Book Value per Share
34
44
44
44
44
43
42
41
40
39
38
38
38
38
38
37
Basic Weighted Avg Shares
1,406
1,977
2,283
2,129
1,858
2,078
2,306
2,004
2,104
2,410
2,012
1,502
2,115
4,056
4,205
3,938
Sales/Revenue/Turnover
-8.25
5.51
13.05
14.84
12.86
14.58
14.4
16.22
16.11
19.13
19.58
14.78
15.98
14.4
12.29
10.97
Operating Margin (%)
132
101
90
100
88
84
74
88
65
73
99
86
98
188
191
184
Depreciation Expense
-134
35
176
171
176
241
271
246
303
405
321
205
338
501
417
285
Net Income, GAAP
- -
32.69
29.88
29.63
27.57
23.73
25.34
22.64
22.51
21.36
29.14
19.92
13.33
20.98
20.72
18.57
Effective Tax Rate (%)
-9.53
1.77
7.71
8.03
9.47
11.6
11.75
12.28
14.4
16.8
15.95
13.65
15.98
12.35
9.92
7.24
Profit Margin (%)
25
-229
213
240
248
115
354
461
489
650
524
485
345
624
654
492
Working Capital
590
- -
175
175
178
3
178
177
176
176
62
111
896
880
708
675
LT Debt
705
699
633
615
783
811
852
857
875
1,026
1,136
1,067
1,462
2,070
2,181
2,199
Total Equity
- -
5.64
21.28
26.43
18.41
22.11
23.16
23.45
24.11
30.16
21.39
13.73
14.41
14.74
12.15
12.73
Return on Invested Capital (%)
- -
12.51
59.79
85.19
60.78
76.62
104.18
97.96
110.03
114.27
85.86
51.75
29.51
25.72
20.25
58.95
Return on Capital (%)
- -
- -
11,733.33
1,486.96
173.4
196.73
376.39
334.69
304.52
225.63
129.96
68.11
72.07
61.43
37.57
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
396
19
255
LT Borrowings
628
- -
598
LT Finance Leases
80
80
77
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
6,667
7,059
6,700

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
1,737
1,696
1,507
Cash, Cash Equivalents & STI
724
515
374
Accounts Receivable, Net
464
691
674
Inventories
455
490
459
Total Current Liabilities
1,083
988
1,015
Payables & Accruals
- -
- -
- -
ST Debt
396
19
255
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.72%
17.72%
5.36%
Free Cash Flow
20.34%
7.55%
11.56%
Net Income, GAAP
13.64%
7.89%
-16.77%
Sales/Revenue/Turnover
12.36%
18.88%
3.67%
Total Cash Common Dividend
3.84%
1.55%
7.04%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
934
1,021
1,068
1,033
4,056
2023
1,127
1,098
1,035
945
4,205
2024
1,003
955
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
3.43
3.53
3.32
- -
13.2
2023
3.19
3.16
2.35
- -
11.01
2024
2.68
0.24
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
3.74
- -
- -
3.74
2023
- -
4
- -
- -
4.01
2024
- -
4.26
- -
- -
- -
Business
Concentric AB (publ) is a global manufacturer specializing in pumps, fans, and thermal management solutions primarily serving the commercial vehicle, truck, agricultural machinery, construction equipment, and industrial markets. The company offers a comprehensive product portfolio that includes engine products such as lubricant pumps, coolant pumps, and fuel transfer pumps for diesel engines, as well as hydraulic products comprising internal gear pumps, DC power packs, transmission pumps, low-noise pumps, electrohydraulic steering systems, controlled power packs, main hydraulic pumps, and high-power density units. These products support customers in enhancing fuel economy, reducing emissions, and improving engine control through precision engineering and advanced technical solutions. Concentric also develops advanced electric pump and fan products promoting electrification within its markets. The company operates manufacturing facilities across the USA, Germany, the UK, Sweden, India, and China, enabling localized service for a global customer base. Founded in 1921 and headquartered in Stockholm, Sweden, Concentric serves original equipment manufacturers (OEMs) and end markets worldwide. In recent developments, Concentric has strengthened its market position through strategic acquisitions and expansions. Notably, in 2024, Concentric acquired GO Engineering, a German electronics design and manufacturing company, to accelerate its electrification strategy and enhance its capabilities in electric liquid cooling and thermal management products. This acquisition is expected to boost electric product sales and improve cost efficiencies by integrating in-house controller design and manufacturing. Additionally, in 2025, Concentric completed the acquisition of Officine Mazzocco Pagnoni (O.M.P), a leading European pump manufacturer focused on the truck market. This strategic move expands Concentric's product offerings and geographic reach, particularly into the US and Asian markets, leveraging combined engineering expertise and a global footprint. Concentric also joined the A.P. Moller Group in late 2024, aligning with a globally recognized entity to support further growth and innovation. The company is actively expanding into new adjacent markets such as energy storage and data centers, with product launches including electric cooling solutions for data centers planned for early 2025. Concentric’s business segments primarily cover engines and hydraulics, targeting commercial vehicle OEMs and industrial sectors with a focus on sustainable and innovative fluid power and flow control technologies. The group emphasizes continuous improvement in product performance, including improvements in noise reduction, power density, and pressure ratings in its hydraulic products. Concentric maintains a workforce of over 1,300 employees and annual revenues of approximately €400 million, with electric products representing around 30% of total sales. Its global operations and sustained investment in research and development position it as a key player in advancing electrification and sustainability in its industry.