DB:7X9

Stock Analysis Report

SaltX Technology Holding

Executive Summary

SaltX Technology Holding AB develops, delivers, and licenses nano-coated salt technology that enables storing energy in salt and delivering steam.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has SaltX Technology Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 7X9 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.3%

7X9

-2.2%

DE Machinery

-0.9%

DE Market


1 Year Return

0.2%

7X9

-11.0%

DE Machinery

12.8%

DE Market

Return vs Industry: 7X9 exceeded the German Machinery industry which returned -11% over the past year.

Return vs Market: 7X9 underperformed the German Market which returned 12.8% over the past year.


Shareholder returns

7X9IndustryMarket
7 Day-3.3%-2.2%-0.9%
30 Day-9.7%-3.3%-0.4%
90 Day-8.3%-3.1%2.3%
1 Year4.0%0.2%-8.2%-11.0%16.3%12.8%
3 Yearn/a-17.9%-23.8%15.8%5.7%
5 Yearn/a-2.2%-13.2%19.7%3.3%

Price Volatility Vs. Market

How volatile is SaltX Technology Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is SaltX Technology Holding undervalued compared to its fair value and its price relative to the market?

3.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 7X9's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 7X9's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 7X9 is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: 7X9 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 7X9's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 7X9 is overvalued based on its PB Ratio (3.2x) compared to the DE Machinery industry average (1.5x).


Next Steps

Future Growth

How is SaltX Technology Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SaltX Technology Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has SaltX Technology Holding performed over the past 5 years?

-68.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7X9 is currently unprofitable.

Growing Profit Margin: 7X9 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 7X9 is unprofitable, and losses have increased over the past 5 years at a rate of -68.9% per year.

Accelerating Growth: Unable to compare 7X9's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 7X9 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-14.4%).


Return on Equity

High ROE: 7X9 has a negative Return on Equity (-66.56%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is SaltX Technology Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 7X9's short term assets (SEK90.2M) exceed its short term liabilities (SEK15.2M).

Long Term Liabilities: 7X9's short term assets (SEK90.2M) exceed its long term liabilities (SEK32.7M).


Debt to Equity History and Analysis

Debt Level: 7X9's debt to equity ratio (21.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 7X9's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: 7X9 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 7X9's debt is covered by short term assets (assets are 3.2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 7X9 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 7X9 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -44.3% each year.


Next Steps

Dividend

What is SaltX Technology Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 7X9's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 7X9's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 7X9's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 7X9's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 7X9's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Carl-Johan Linér (61yo)

0.8yrs

Tenure

0

Mr. Carl-Johan Linér has been CEO of SaltX Technology Holding AB since May 6, 2019. He worked for almost twenty-five years within the ABB Group. He also served as Vice President of Indutrade. He was a cons ...


Leadership Team

NamePositionTenureCompensationOwnership
Carl-Johan Linér
Chief Executive Officer0.8yrsno datano data
Göran Bolin
Founder & Head of Innovation0yrsno data0.015% SEK6.0k
Harald Bauer
Chief Financial Officer0yrsno datano data
Helena Haglund
Head of Accounting0yrsno datano data
Corey Blackman
Head of Technology1.2yrsno datano data
Anneli Wadeborn
Head of Development0yrsno datano data
Eric Jacobson
Head of Sales & Marketing1.1yrsno datano data
Jan Tjerngren
Head of Manufacturing0yrsno datano data
Nadia Amirpour
Head of Matrix Development0yrsno datano data
Lars Croon
Head of Enerstore1.1yrsno datano data

1.1yrs

Average Tenure

61yo

Average Age

Experienced Management: 7X9's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Åke Sund
Chairman of the Board0yrsno data0.29% SEK114.4k
Indra Åsander
Director3.1yrskr83.00kno data
Staffan Andersson
Director1.1yrsno datano data
Luis Molina de la Riva
President of The Board of Directors of Climatewell Iberica S.A.U.0yrsno datano data
Tommy Nilsson
Director4.1yrskr117.00kno data
Elin Lydahl
Director3.1yrskr83.00kno data
Tony Grimaldi
Director2.1yrsno datano data

3.1yrs

Average Tenure

62yo

Average Age

Experienced Board: 7X9's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.8%.


Top Shareholders

Company Information

SaltX Technology Holding AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SaltX Technology Holding AB
  • Ticker: 7X9
  • Exchange: DB
  • Founded: 2001
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: kr421.054m
  • Listing Market Cap: kr39.865m
  • Shares outstanding: 72.60m
  • Website: https://www.saltxtechnology.com

Location

  • SaltX Technology Holding AB
  • Västertorpsvägen 135
  • Hagersten
  • Stockholm County
  • 129 44
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SALT BOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKMay 2016
0G6WLSE (London Stock Exchange)YesShare CapitalGBSEKMay 2016
7X9DB (Deutsche Boerse AG)YesShare CapitalDEEURMay 2016

Biography

SaltX Technology Holding AB develops, delivers, and licenses nano-coated salt technology that enables storing energy in salt and delivering steam. The company’s technology helps in storing energy chemically; and allows thermal energy to be stored and used. SaltX Technology Holding AB offers its solutions under SaltX brand to EPC companies, energy suppliers, and OEM manufacturers of energy efficient heating and cooling products. The company was founded in 2001 and is headquartered in Hagersten, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 23:32
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.