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

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...

Eivind Sars Veddeng

In line ahead of Q2

Tomra (TOM NO, Hold) - In line ahead of Q2 (16 pages)

Eivind Sars Veddeng

Q2 not a game changer

Tomra (TOM NO, Hold) - Q2 not a game changer (15 pages)

Eivind Sars Veddeng

Too much value on new markets

Tomra is trading at a 25% premium to peers, and the share price appears to be reflecting earnings from new deposit markets in Australia, Spain, Scotland, and other parts of the UK. We consider this a stretch, and are concerned that new markets are opting for a more capital-intensive leasing model without service revenues. We have downgraded the stock to SELL (HOLD), but with an unchanged NOK105 target price.

Ole-Andreas Krohn

Northern Lights

Eivind Sars Veddeng

In line ahead of Q2

Tomra (TOM NO, Hold) - In line ahead of Q2 (16 pages)

Eivind Sars Veddeng

Q2 not a game changer

Tomra (TOM NO, Hold) - Q2 not a game changer (15 pages)

Eivind Sars Veddeng

Too much value on new markets

Tomra is trading at a 25% premium to peers, and the share price appears to be reflecting earnings from new deposit markets in Australia, Spain, Scotland, and other parts of the UK. We consider this a stretch, and are concerned that new markets are opting for a more capital-intensive leasing model without service revenues. We have downgraded the stock to SELL (HOLD), but with an unchanged NOK105 target price.

Eivind Sars Veddeng

Australia potential decreasing

Our estimates are unchanged following today’s results, but indicated revenue potential in Australia looks significantly below sell-side] expectations, in our view. We have cut our revenue estimate in Queensland by 30% as it looks like it is opting for a lower share of return to retail compared to NSW. We reiterate our SELL recommendation and NOK105 target price.

Eivind Sars Veddeng

Tomra (Sell, TP: NOK105.00) - No room for disappointment

We are 6% below consensus on EBITA in Q4 (due at 07:30 CET on 21 February) as we forecast seasonal weakness in Compac to offset YOY margin gains in Sorting from positive mix due to recycling. We consider the recent developments in the UK as positive but consider the all-time high premium on multiples versus Nordic capital goods as way too rich. We reiterate our SELL recommendation and NOK105 target price.

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...

Ole-Andreas Krohn

Northern Lights

Christoffer Wang Bjørnsen ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Arnell
  • Martin Huseby Karlsen
  • Nicolai Farstad Olsen
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Patrik Ling

Northern Lights

Eivind Sars Veddeng ...
  • Ole-Andreas Krohn

Northern Lights

Christer Magnergård ...
  • Eivind Sars Veddeng
  • Helge André Martinsen
  • Jon Masdal
  • Niclas Gehin
  • Ole-Andreas Krohn
  • Rune Majlund Dahl
  • Stefan Gauffin

Northern Lights

Antti Kansanen ...
  • Eivind Sars Veddeng
  • Helge André Martinsen
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Ole-Andreas Krohn
  • Rune Majlund Dahl

Northern Lights

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...

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.

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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