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Investment AB Latour (publ) (IVTBF)

OTC Financial Services Asset Management
$25.46 ▲ +0.00%
Market Cap
$15.07B
Sector
Financial Services
Industry
Asset Management
Beta
1.28
52-Wk Range
22.95-25.87
CEO
Johan Hjertonsson
Country
SE
Currency
USD

Investment AB Latour (publ) operates in the Asset Management industry of the Financial Services sector, headquartered in Gothenburg, VN, SE. The stock last traded at $25.46, up 0.00% on the session, giving a market capitalisation of $15.07B. On trailing twelve-month figures it carries a trailing P/E of 27.32, a net margin of 16.1%. Its beta of 1.28 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
27.32
Price / Sales
4.06
Price / Book
2.87
EV / EBITDA
24.05
Gross margin
39.8%
Operating margin
13.5%
Net margin
16.1%
Return on equity
Debt / equity
0.46
Current ratio
1.64
Dividend yield
2.7%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
10,115
IPO date
2011-07-19
Headquarters
Gothenburg, VN, SE
About Investment AB Latour (publ)

Investment AB Latour (publ) operates as a focused investment firm, committed to taking long-term positions in companies that develop, manufacture, and market their own proprietary brands. The firm targets enterprises demonstrating strong financial performance across business cycles, specifically aiming for an average annual growth of 10%, a 10% operating margin, and a 15-20% return on operating capital. Latour actively contributes to its portfolio companies by holding board seats. Established in 1984 and formerly known as AB Hevea, its primary base is in Gothenburg, Sweden, with additional facilities located in Malmo and Stockholm.

Comparable companies

Investment AB Latour (publ) is most often compared with the following Financial Services names:

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