How does SLYG's PE Ratio compare to its peers?

SLYG is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the peer average (25.3x).

How does SLYG's PE Ratio compare vs other companies in the European Electronic Industry?

SLYG is expensive based on its Price-To-Earnings Ratio (30.6x) compared to the European Electronic industry average (17.5x).

What is SLYG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate SLYG's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of SLYG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SLYG (€34.3) is trading below our estimate of [[fair value]] (€73.2)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Shelly Group AD (BUL:SLYG) - Stock Price, News & Analysis

SLYG Stock Overview

Designs, manufactures, and distributes IoT products in Bulgaria, Germany, and the United States. More details

SLYG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 53.1% below our estimate of its fair value

Earnings are forecast to grow 34.64% per year

Earnings grew by 55.6% over the past year

Risk Analysis

High level of non-cash earnings

Shelly Group AD Competitors

Sanchuan Wisdom Technology

SZSE:300066

CN¥4.7b

Zhejiang Wellsun Intelligent TechnologyLtd

SZSE:300882

CN¥4.5b

Shenzhen Absen OptoelectronicLtd

SZSE:300389

CN¥4.4b

Nanjing Bestway Intelligent Control Technology

SZSE:301195

CN¥4.4b

Price History & Performance

Summary of all time highs, changes and price drops for Shelly Group AD
Historical stock prices
Current Share Price	€34.30
52 Week High	€38.80
52 Week Low	€20.40
Beta	0.29
11 Month Change	2.39%
3 Month Change	-5.77%
1 Year Change	62.03%
33 Year Change	148.43%
5 Year Change	2,064.15%
Change since IPO	3,853.48%

Recent updates

Investors Appear Satisfied With Shelly Group AD's (BUL:SLYG) Prospects As Shares Rocket 25%

Jan 27

Here's Why We Think Shelly Group AD (BUL:SLYG) Is Well Worth Watching

Jan 13

Investors Shouldn't Overlook Shelly Group AD's (BUL:A4L) Impressive Returns On Capital

Aug 08

An Intrinsic Calculation For Allterco AD (BUL:A4L) Suggests It's 27% Undervalued

May 20

Returns on Capital Paint A Bright Future For Allterco AD (BUL:A4L)

Aug 16

Allterco AD's (BUL:A4L) Shareholders Will Receive A Smaller Dividend Than Last Year

Jul 01

Returns On Capital Are A Standout For Allterco AD (BUL:A4L)

Mar 13

Is Now The Time To Put Allterco AD (BUL:A4L) On Your Watchlist?

Jan 22

Why The 26% Return On Capital At Allterco AD (BUL:A4L) Should Have Your Attention

Dec 13

Allterco AD (BUL:A4L) Seems To Use Debt Rather Sparingly

Nov 01

One Allterco AD (BUL:A4L) Analyst Just Lifted Their Revenue Forecasts By A Dazzling 35%

Jul 22

Upgrade: Analysts Just Made A Meaningful Increase To Their Allterco AD (BUL:A4L) Forecasts

May 19

Are Allterco AD's (BUL:A4L) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 10

Allterco AD's (BUL:A4L) Stock Is Going Strong: Is the Market Following Fundamentals?

Jan 26

Did You Participate In Any Of Allterco AD's (BUL:A4L) Incredible 318% Return?

Jan 06

Returns On Capital - An Important Metric For Allterco AD (BUL:A4L)

Dec 13

Shareholder Returns

	SLYG	BG Electronic	BG Market
7D	-3.4%	-2.3%	-1.6%
1Y	62.0%	-5.6%	10.0%

Return vs Industry: SLYG exceeded the BG Electronic industry which returned -5.6% over the past year.

Return vs Market: SLYG exceeded the BG Market which returned 10% over the past year.

Price Volatility

Is SLYG's price volatile compared to industry and market?
SLYG volatility
SLYG Average Weekly Movement	2.9%
Electronic Industry Average Movement	5.1%
Market Average Movement	4.0%
10% most volatile stocks in BG Market	8.2%
10% least volatile stocks in BG Market	2.6%

Stable Share Price: SLYG has not had significant price volatility in the past 3 months compared to the BG market.

Volatility Over Time: SLYG's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	195	Dimitar Dimitrov	corporate.shelly.com

Shelly Group AD designs, manufactures, and distributes IoT products in Bulgaria, Germany, and the United States. The company offers MyKi, a GPS-GSM watch that allows parents to communicate and monitor the location of their child through the MyKi watch mobile application; MyKi Auto, a smart tracker for automobiles; MyKi Spot, which includes pet tracker, asset tracker, or SOS button; SHELLY, a device which allows remote control of electric appliances through mobile phone, PC, or home automation systems; and MyKi Care thermometer, a smart device that measures and tracks body temperature. It also provides offices and car rental services.

Shelly Group AD Fundamentals Summary

How do Shelly Group AD's earnings and revenue compare to its market cap?
SLYG fundamental statistics
Market cap	€621.02m
Earnings (TTM)	€20.32m
Revenue (TTM)	€95.74m

30.6x

P/E Ratio

6.5x

P/S Ratio

Is SLYG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLYG income statement (TTM)
Revenue	лв187.26m
Cost of Revenue	лв80.81m
Gross Profit	лв106.45m
Other Expenses	лв66.71m
Earnings	лв39.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.19
Gross Margin	56.84%
Net Profit Margin	21.22%
Debt/Equity Ratio	0.6%

How did SLYG perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

11%

Payout Ratio

SLYG Stock Overview

Rewards

Risk Analysis

Shelly Group AD Competitors

SZSE:300066

CN¥4.7b

SZSE:300882

CN¥4.5b

SZSE:300389

CN¥4.4b

SZSE:301195

CN¥4.4b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: лв0.48 (vs лв0.44 in 3Q 2023)

Shelly Group AD to Report Q3, 2024 Results on Nov 13, 2024

Shelly Group AD (BUL:SLYG) acquired an additional 50% stake in Shelly Asia Ltd for €0.52 million.

Now 20% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 48%

Now 22% undervalued after recent price drop

Recent updates

Third quarter 2024 earnings released: EPS: лв0.48 (vs лв0.44 in 3Q 2023)

Shelly Group AD to Report Q3, 2024 Results on Nov 13, 2024

Shelly Group AD (BUL:SLYG) acquired an additional 50% stake in Shelly Asia Ltd for €0.52 million.

Now 20% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 48%

Now 22% undervalued after recent price drop

Shelly Group AD to Report First Half, 2024 Results on Aug 14, 2024

Price target increased by 33% to лв82.00

First quarter 2024 earnings released: EPS: лв0.49 (vs лв0.33 in 1Q 2023)

Shelly Group AD, Annual General Meeting, Jun 04, 2024

Shelly Group AD Brings Native Version of Its Shelly Smart Control App to Select Audi Models

Shelly Group AD to Report Q1, 2024 Results on May 15, 2024

Price target increased by 18% to лв61.68

Full year 2023 earnings released: EPS: лв1.83 (vs лв0.97 in FY 2022)

Shelly Group AD to Report Fiscal Year 2023 Final Results on Apr 15, 2024

Shelly Group AD (BUL:SLYG) has exercised a call option to acquire an additional 16% stake in Shelly Tech for €0.59 million.

Investors Appear Satisfied With Shelly Group AD's (BUL:SLYG) Prospects As Shares Rocket 25%

Shelly Group AD to Report Fiscal Year 2023 Results on Feb 26, 2024

Here's Why We Think Shelly Group AD (BUL:SLYG) Is Well Worth Watching

Third quarter 2023 earnings released: EPS: лв0.44 (vs лв0.30 in 3Q 2022)

Shelly Group AD to Report Nine Months, 2023 Results on Nov 13, 2023

Price target increased by 77% to лв52.00

Less than half of directors are independent

Shelly Group AD to Report First Half, 2023 Results on Aug 16, 2023

Investor sentiment improves as stock rises 17%

Investors Shouldn't Overlook Shelly Group AD's (BUL:A4L) Impressive Returns On Capital

Second quarter 2023 earnings released

Upcoming dividend of лв0.25 per share at 0.4% yield

Allterco JSCo Approves Dividend

An Intrinsic Calculation For Allterco AD (BUL:A4L) Suggests It's 27% Undervalued

First quarter 2023 earnings released: EPS: лв0.33 (vs лв0.22 in 1Q 2022)

Price target increased by 8.5% to лв31.80

Full year 2022 earnings released: EPS: лв0.97 (vs лв0.89 in FY 2021)

Allterco AD to Report Fiscal Year 2022 Results on Apr 28, 2023

Allterco AD (BUL:A4L) acquired 60% stake in GOAP Racunalniški inženiring in avtomatizacija procesov d.o.o. for €2 million.

Allterco JSCo Revises Earnings Guidance for the Fiscal Year 2022

Price target increased to лв26.30

Third quarter 2022 earnings released

Price target decreased to лв22.60

Less than half of directors are independent

Allterco AD to Report Nine Months, 2022 Results on Nov 14, 2022

Now 20% undervalued

Returns on Capital Paint A Bright Future For Allterco AD (BUL:A4L)

Allterco AD to Report First Half, 2022 Results on Aug 15, 2022

Upcoming dividend of лв0.10 per share

Allterco AD's (BUL:A4L) Shareholders Will Receive A Smaller Dividend Than Last Year

Allterco AD (BUL:A4L) commences an Equity Buyback Plan for 80,000 shares, under the authorization approved on April 8, 2022.

Allterco AD Announces Dividend Distribution

Consensus forecasts updated

Allterco AD (BUL:A4L) entered into letter of intent to acquire Goap d.o.o. Nova Gorica for approximately €3.3 million.

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Allterco AD to Report Q1, 2022 Results on May 30, 2022

Allterco AD, Annual General Meeting, Jun 27, 2022

Now 19% undervalued

Price target increased to лв17.98

Less than half of directors are independent

Now 22% undervalued after recent price drop

Allterco JSCo Approves Election of Board of Directors

Returns On Capital Are A Standout For Allterco AD (BUL:A4L)