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Operations: Engcon AB generates revenue primarily from its Construction Machinery & Equipment segment, amounting to SEK1.54 billion. The company's financial performance is reflected in its gross profit margin, which showcases notable trends over recent periods.

Engcon, a niche player in the machinery sector, has faced challenges with earnings growth, showing a negative 60.6% over the past year despite high-quality earnings and satisfactory debt levels with a net debt to equity ratio of 8.5%. The company's interest payments are well covered by EBIT at 20.4 times, indicating solid financial management. Recent reports highlighted declining sales from SEK 508 million to SEK 450 million in Q2, impacting net income which fell from SEK 83 million to SEK 55 million.

• Click to explore a detailed breakdown of our findings in engcon's health report.

• Examine engcon's past performance report to understand how it has performed in the past.

TF Bank

Simply Wall St Value Rating: ★★★★☆☆

Overview: TF Bank AB (publ) is a digital bank offering consumer banking services and e-commerce solutions via its proprietary IT platform, with a market cap of SEK6.51 billion.

Operations: TF Bank AB (publ) generates revenue primarily from three segments: Credit Cards (SEK511.24 million), Consumer Lending (SEK607.24 million), and Ecommerce Solutions excluding Credit Cards (SEK363.28 million).

TF Bank, with assets totaling SEK24.1 billion and equity of SEK2.4 billion, navigates the financial landscape with a focus on low-risk funding—95% from customer deposits. Despite trading 50.9% below estimated fair value, it grapples with high bad loans at 10.6%, offset by a modest allowance of 62%. Recent earnings grew by 21.3%, outpacing the industry average of 11.8%, highlighting its potential amidst ongoing challenges in non-performing loans management and free cash flow deficits.

• Click here and access our complete health analysis report to understand the dynamics of TF Bank.

• Gain insights into TF Bank's historical performance by reviewing our past performance report.

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include OM:AQ OM:ENGCON B and OM:TFBANK.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com