SaltX Technology Holding AB develops, delivers, and licenses nano-coated salt technology that enables storing energy in salt and delivering steam.
+ 1 more risk
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.
7 Day Return
1 Year Return
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.
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
Is SaltX Technology Holding undervalued compared to its fair value and its price relative to the market?
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).
How is SaltX Technology Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine SaltX Technology Holding's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- SaltX Technology Holding competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has SaltX Technology Holding performed over the past 5 years?
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
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.
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.
What is SaltX Technology Holding's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Carl-Johan Linér (61yo)
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 ...
|Chief Executive Officer||0.8yrs||no data||no data|
|Founder & Head of Innovation||0yrs||no data||0.015% SEK6.0k|
|Chief Financial Officer||0yrs||no data||no data|
|Head of Accounting||0yrs||no data||no data|
|Head of Technology||1.2yrs||no data||no data|
|Head of Development||0yrs||no data||no data|
|Head of Sales & Marketing||1.1yrs||no data||no data|
|Head of Manufacturing||0yrs||no data||no data|
|Head of Matrix Development||0yrs||no data||no data|
|Head of Enerstore||1.1yrs||no data||no data|
Experienced Management: 7X9's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Chairman of the Board||0yrs||no data||0.29% SEK114.4k|
|Director||1.1yrs||no data||no data|
|President of The Board of Directors of Climatewell Iberica S.A.U.||0yrs||no data||no data|
|Director||2.1yrs||no data||no data|
Experienced Board: 7X9's board of directors are considered experienced (3.1 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.8%.
SaltX Technology Holding AB's company bio, employee growth, exchange listings and data sources
- 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
- SaltX Technology Holding AB
- Västertorpsvägen 135
- Stockholm County
- 129 44
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SALT B||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||May 2016|
|0G6W||LSE (London Stock Exchange)||Yes||Share Capital||GB||SEK||May 2016|
|7X9||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||May 2016|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 23:32|
|End of Day Share Price||2020/02/21 00:00|
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.