Rederiaktiebolaget Gotland has demonstrated impressive financial performance, with earnings growing by 65.8% over the past year, significantly outpacing the shipping industry’s -17.2%. The company is debt-free, a notable improvement from five years ago when its debt-to-equity ratio was 44.4%. Recent earnings reports for Q1 2024 show sales of SEK 384.9 million and net income of SEK 37.2 million, compared to a net loss of SEK 70 million in the same period last year.

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

• Learn about Rederiaktiebolaget Gotland's historical performance.

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 a proprietary IT platform, with a market cap of SEK5.50 billion.

Operations: TF Bank AB (publ) generates revenue primarily from three segments: Credit Cards (SEK 511.24 million), Consumer Lending (SEK 607.24 million), and E-commerce Solutions excluding Credit Cards (SEK 363.28 million).

TF Bank, with total assets of SEK24.1B and equity of SEK2.4B, is trading at 55.7% below its estimated fair value. The bank's earnings grew by 21.3% last year, outpacing the industry average of 10.4%. Despite a high level of bad loans (10.6%), it has a low allowance for bad loans (62%) and primarily low-risk funding from customer deposits (95%). Recent net income for Q2 was SEK109M compared to SEK96M last year.

• Unlock comprehensive insights into our analysis of TF Bank stock in this health report.

• Gain insights into TF Bank's past trends and performance with our Past report.

Key Takeaways

• Dive into all 55 of the Swedish Undiscovered Gems With Strong Fundamentals we have identified here.

• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.

• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

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:BETS B OM:GOTL A and OM:TFBANK.

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