contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
      id
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    pageUrl
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


sintercast-production-ramp-up-on-track-abg

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

SinterCast is a manufacturing company focused on the development and production of cast iron components for the automotive industry. The company's products are aimed at manufacturers of engines and transmission systems. SinterCast has a global presence and serves customers in the automotive, truck and engine industries worldwide. SinterCast was founded in 1983 and is headquartered in Katrineholm, Sweden.

SinterCast

Continued series production ramp-up’22e-’24e adj. EBIT up 5-3% on lower opexFair value SEK 110-200, production targets reiteratedQ2 adj. EBIT SEK 10.4m (+38% vs. ABGSCe of SEK 7.5m)SinterCast...

Continued series production ramp-up’22e-’24e adj. EBIT up 5-3% on lower opexFair value SEK 110-200, production targets reiteratedQ2 adj. EBIT SEK 10.4m (+38% vs. ABGSCe of SEK 7.5m)SinterCast reported Q2 sales of SEK 27.9m (in line with preliminary sales figure and ABGSCe), and the gross margin amounted to 75% (ABGSCe 75%), helped in part by a high share of licensing fee sales, but also by an FX boost on the topline. The opex base, while up 22% y-o-y, was kept slimmer than we expected, resulting in an adj. EBIT of SEK 10.4m (+38% vs. ABGSCe of SEK 7.5m), for a margin of 37% (ABGSCe 27%). This included an NRI of SEK -4.9m (ABGSCe SEK -4.5m) tied to the termination of a deferred purchase agreement, which the company announced in the Q1 report. 5-3% adj. EBIT upgrade for ’22e-’24e on lowered opexWe raise our adj. EBIT estimates by 5-3% for ’22e-’24e (reported EBIT +4-3%). Sales estimates are kept mostly as is, apart from a -1% sales revision for ’22e due to updated FX assumptions. The main driver of the estimate revisions, however, is lowered opex for all forecasted periods. 20x ’22e EV/EBIT (adj.), fair value range maintainedThe targets of reaching engine equivalent production of 4.0m during ’22 and 5.0m during ’24 were reiterated in the report. As a reminder, management has previously said these targets are not dependent on new system installations and are achievable through like-for-like growth in existing foundries. As such, the fact that ’22 will be a softer year for new installations should not hamper the company’s double-digit earnings growth prospects, at least for the coming years. On our estimates, the share is now trading at 20x ’22e EV/EBIT (adj.), offering 5-8% dividend yields in ’22e-’24e. Finally, with only smaller estimate revisions made, we maintain our fair value range of SEK 110-200 per share. Läs mer på ABG Sundal Collier