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

SLYG Stock Overview

Shelly Group AD designs, manufactures, and distributes IoT products in Bulgaria, Germany, and the United States.

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

Rewards

Trading at 52.7% below our estimate of its fair value

Earnings are forecast to grow 38.54% per year

Earnings grew by 49.5% over the past year

Risk Analysis

No risks detected for SLYG from our risk checks.

Shelly Group AD Competitors

Vivotek

TWSE:3454

NT$13.3b

Castles Technology

TWSE:5258

NT$12.1b

Hefei Kewell Power SystemLtd

SHSE:688551

CN¥4.1b

Norbit

OB:NORBT

kr3.1b

Price History & Performance

Summary of all time highs, changes and price drops for Shelly Group AD
Historical stock prices
Current Share Price	лв43.10
52 Week High	лв47.80
52 Week Low	лв15.80
Beta	0.35
1 Month Change	-4.43%
3 Month Change	65.77%
1 Year Change	156.55%
3 Year Change	988.38%
5 Year Change	2,110.26%
Change since IPO	2,439.78%

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

Aug 08

Recent updates

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

Is Allterco AD (BUL:A4L) A Risky Investment?

Jul 15

Shareholder Returns

	SLYG	BG Electronic	BG Market
7D	3.6%	-2.9%	0.1%
1Y	156.5%	3.8%	9.5%

Return vs Industry: SLYG exceeded the BG Electronic industry which returned 3.7% over the past year.

Return vs Market: SLYG exceeded the BG Market which returned 9.7% over the past year.

Price Volatility

Is SLYG's price volatile compared to industry and market?
SLYG volatility
SLYG Average Weekly Movement	5.3%
Electronic Industry Average Movement	4.8%
Market Average Movement	4.5%
10% most volatile stocks in BG Market	8.3%
10% least volatile stocks in BG Market	2.0%

Stable Share Price: SLYG is not significantly more volatile than the rest of BG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SLYG's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	152	Dimitar Dimitrov	https://allterco.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	лв775.80m
Earnings (TTM)	лв22.77m
Revenue (TTM)	лв112.21m

34.1x

P/E Ratio

6.9x

P/S Ratio

Is SLYG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLYG income statement (TTM)
Revenue	лв112.21m
Cost of Revenue	лв52.02m
Gross Profit	лв60.20m
Other Expenses	лв37.43m
Earnings	лв22.77m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.26
Gross Margin	53.65%
Net Profit Margin	20.29%
Debt/Equity Ratio	2.2%

How did SLYG perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

20%

Payout Ratio

SLYG Stock Overview

Rewards

Risk Analysis

Shelly Group AD Competitors

TWSE:3454

NT$13.3b

TWSE:5258

NT$12.1b

SHSE:688551

CN¥4.1b

OB:NORBT

kr3.1b

Price History & Performance

Recent News & Updates

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

Recent updates

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)

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Allterco AD to Report Fiscal Year 2021 Final Results on Apr 29, 2022

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 26% undervalued

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

Allterco AD Introduces Next Generation of Smart Home Solutions with Shelly Plus Line on CES 2022

Investor sentiment deteriorated over the past week

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

Allterco AD Provides Consolidated Revenue Guidance for Full Year 2021

Investor sentiment improved over the past week

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

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

Consensus forecasts updated

Price target increased to лв17.00

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

Investor sentiment improved over the past week

We Think Allterco AD (BUL:A4L) Can Manage Its Debt With Ease

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

Why Allterco AD (BUL:A4L) Is A Dividend Rockstar