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Investment AB Latour Class B IVTBF

Morningstar Rating
$27.00 +3.15 (13.21%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IVTBF is trading at a 23% premium.
Price
$27.06
Fair Value
$86.98
Uncertainty
High
1-Star Price
$55.50
5-Star Price
$79.39
Economic Moat
Xpdq
Capital Allocation
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News

Trading Information

Previous Close Price
$23.85
Day Range
$27.0027.00
52-Week Range
$21.1927.00
Bid/Ask
$22.70 / $35.94
Market Cap
$17.26 Bil
Volume/Avg
750 / 85,064

Key Statistics

Price/Earnings (Normalized)
30.68
Price/Sales
7.21
Dividend Yield (Trailing)
1.32%
Dividend Yield (Forward)
1.45%
Total Yield
1.33%

Company Profile

Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange’s total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Large Growth
Total Number of Employees
8,448

Comparables

Valuation

Metric
IVTBF
ORES
NAVIGO PREF
Price/Earnings (Normalized)
30.6818.47198.15
Price/Book Value
4.220.996.33
Price/Sales
7.2115.7024.52
Price/Cash Flow
57.7328.50433.04
Price/Earnings
IVTBF
ORES
NAVIGO PREF

Financial Strength

Metric
IVTBF
ORES
NAVIGO PREF
Quick Ratio
0.781.19
Current Ratio
1.271.79
Interest Coverage
18.53
Quick Ratio
IVTBF
ORES
NAVIGO PREF

Profitability

Metric
IVTBF
ORES
NAVIGO PREF
Return on Assets (Normalized)
10.02%5.29%−5.13%
Return on Equity (Normalized)
15.41%5.40%−6.35%
Return on Invested Capital (Normalized)
11.84%−6.25%
Return on Assets
IVTBF
ORES
NAVIGO PREF
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