Tomra Systems ASA

Tomra Systems is a creator of sensor-based solutions for optimal resource productivity within the business streams of reverse vending, material recovery, compaction, recycling, mining, and food. Co.'s operating structure comprises two business areas and six business streams. The TOMRA Collection Solutions businesss area consists of three business streams: reverse vending, material recovery, as well as compaction. The TOMRA Sorting Solutions, business area consists of three business streams: food, recycling, and mining.
  • TickerTOM
  • ISINNO0005668905
  • ExchangeOslo Bors
  • SectorIndustrial Engineering
  • CountryNorway

Analysts

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Jimi Lehtonen
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Nicolay Dyvik
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Patrik Ling

Northern Lights

Anders Idborg ...
  • Casper Blom
  • Mads Thinggaard
  • Øystein Elton Lodgaard
  • Peter Kurt Nielsen

Talking Points - AP Møller Maersk (Hold): Getting its house in order

Tele2 (Sell) Post-results comment: Restoring pricing power key to growth EBITDA estimates increased by 6-8% Target price up to DKK 8,800 (DKK 8,100)

Øystein Elton Lodgaard

Tomra - Better, but not enough

EBITA 6% above and better order intake in Sorting Backlog down 9% y-o-y; negative organic growth in Q4 Significant upside potential, but this is already priced in

Eivind Sars Veddeng

Tomra (Hold, TP: NOK240.00) - Sorting it out

Sorting order intake made an impressive comeback, growing 11% YOY in Q3, up from -5% in H1. This was driven by Food as US customers returned with orders and there was higher activity in other regions. As a result we have lifted our 2019–2020 EBITA estimates by 3–4% and we no longer see significant downside for Q4/Q1. On our estimates the stock discounts c85% market share in a EU deposit market. We reiterate our HOLD but have lifted our target price to NOK240 (220).

Øystein Elton Lodgaard

Tomra - Beat in Collection, slightly better order intake

EBITA 6% above consensus - beat in Collection Order intake was better, slightly improved in Food Order backlog down 9% y-o-y, negative org. growth in Q4

Anders Idborg ...
  • Casper Blom
  • Mads Thinggaard
  • Øystein Elton Lodgaard
  • Peter Kurt Nielsen

Talking Points - AP Møller Maersk (Hold): Getting its house in order

Tele2 (Sell) Post-results comment: Restoring pricing power key to growth EBITDA estimates increased by 6-8% Target price up to DKK 8,800 (DKK 8,100)

Øystein Elton Lodgaard

Tomra - Better, but not enough

EBITA 6% above and better order intake in Sorting Backlog down 9% y-o-y; negative organic growth in Q4 Significant upside potential, but this is already priced in

Eivind Sars Veddeng

Tomra (Hold, TP: NOK240.00) - Sorting it out

Sorting order intake made an impressive comeback, growing 11% YOY in Q3, up from -5% in H1. This was driven by Food as US customers returned with orders and there was higher activity in other regions. As a result we have lifted our 2019–2020 EBITA estimates by 3–4% and we no longer see significant downside for Q4/Q1. On our estimates the stock discounts c85% market share in a EU deposit market. We reiterate our HOLD but have lifted our target price to NOK240 (220).

Øystein Elton Lodgaard

Tomra - Beat in Collection, slightly better order intake

EBITA 6% above consensus - beat in Collection Order intake was better, slightly improved in Food Order backlog down 9% y-o-y, negative org. growth in Q4

Eivind Sars Veddeng

Tomra (Hold, TP: NOK220.00) - Watch out for Q4 guidance

We are in line with consensus EBITA ahead of the Q3 report, expecting NOK393m but remaining cautious as consensus looks 15% too high to us on Q4 due to weakness in Sorting. We have made limited changes to our estimates as a weaker NOK broadly offsets lowered Sorting order intake. We reiterate our HOLD but have cut our target price to NOK220 (300).

2 directors bought/sold

Two Directors at Tomra Systems Asa bought/sold 15,500 shares at between 260.000NOK and 261.000NOK. The significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under l...

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Jimi Lehtonen
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Nicolay Dyvik
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Patrik Ling

Northern Lights

Eivind Sars Veddeng ...
  • Martin Arnell
  • Ole-Andreas Krohn
  • Patrik Ling

Northern Lights

Christer Magnergård ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Arnell
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Eivind Sars Veddeng ...
  • Ole-Andreas Krohn

Northern Lights

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jesper Ingildsen
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Arnell
  • Mats Bye
  • Ole-Andreas Krohn
  • Patrik Ling
  • Simen Mortensen
  • Tomi Railo

Northern Lights

TOMRA SYSTEMS ASA sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of TOMRA SYSTEMS ASA (NO), active in the Industrial Machinery industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date August 30, 2019, the closing price was NOK 256.00 and its target price was estimated at NOK 228.18.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Tomra Systems - AGM 06 May 2019

In general, Tomra Systems ("Tomra") is in compliance with the Norwegian regulations relating to the organisation and procedures of the Annual General Meeting.Under ITEM 7 and ITEM 8, shareholders are called to approve, respectively, the remuneration guidelines (advisory vote) and the long-term incentive scheme (binding vote). Even though beneficiaries are required to invest 25% of the long-term incentive in Tomra shares, the incentive is 100% paid in cash and it depends on only one absolute performance metric (EPS). ECGS is not in favour of "cash-based" long-term incentives, and it considers t...

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