Investment AB Latour (publ) (IVTBF) Stock

About Investment AB Latour (publ)

Investment AB Latour (publ) operates as a focused investment firm, committed to taking long-term positions in companies that develop, manufacture, and market their own proprietary brands. The firm targets enterprises demonstrating strong financial performance across business cycles, specifically aiming for an average annual growth of 10%, a 10% operating margin, and a 15-20% return on operating capital. Latour actively contributes to its portfolio companies by holding board seats. Established in 1984 and formerly known as AB Hevea, its primary base is in Gothenburg, Sweden, with additional facilities located in Malmo and Stockholm.

Investment AB Latour (publ) is headquartered in SE.

Investment AB Latour (publ) (IVTBF) stock trades at $25.46 with a market capitalization of $15.07B. The stock is valued at a price-to-earnings (P/E) ratio of 28.85, price-to-book of 3.03, price-to-sales of 4.29. Over the past 52 weeks the stock has ranged between $22.95 and $26.61, and currently trades 4.3% below its 52-week high. It pays a dividend yielding 2.16%.

On profitability, Investment AB Latour (publ) generates a return on equity (ROE) of 10.67%, return on capital employed of 6.22%, an operating margin of 13.48%, a net profit margin of 16.06%.

In its most recent fiscal year, Investment AB Latour (publ) reported annual revenue of $28.1B, net profit of $4.9B, revenue has compounded at 13.4% a year over the last five years, profit at -1.6% a year.

The balance sheet shows a debt-to-equity ratio of 0.46 — a conservative balance sheet with little leverage risk, a current ratio of 1.64, total assets of $68.6B, $2.6B in cash and equivalents.

IVTBF has an average daily trading volume of 75 shares, a beta of 1.28.

Official website: www.latour.se