How does 1HR's PE Ratio compare to its peers?

1HR is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the peer average (11.1x).

How does 1HR's PE Ratio compare vs other companies in the European Commercial Services Industry?

1HR is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the European Commercial Services industry average (14.3x).

What is 1HR'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.

1HR is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the estimated Fair Price-To-Earnings Ratio (2.6x).

What is the Fair Price of 1HR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1HR (€0.16) is trading above our estimate of [[fair value]] (€0.12)

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.

Scandinavian Enviro Systems (DB:1HR) - Stock Price, News & Analysis

1HR Stock Overview

Develops, builds, owns, and operates plants for material recovery of resources from used tires in Sweden and internationally.

About the company

1HR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Earnings are forecast to decline by an average of 69.4% per year for the next 3 years

Scandinavian Enviro Systems AB (publ) Competitors

Befesa

XTRA:BFSA

€830.4m

Bertrandt

XTRA:BDT

€180.4m

edding

DB:EDD3

€39.9m

Francotyp-Postalia Holding

XTRA:FPH

€34.7m

Price History & Performance

Summary of all time highs, changes and price drops for Scandinavian Enviro Systems
Historical stock prices
Current Share Price	SEK 0.16
52 Week High	SEK 0.23
52 Week Low	SEK 0.072
Beta	2
11 Month Change	-9.47%
3 Month Change	-19.25%
1 Year Change	84.20%
33 Year Change	-9.37%
5 Year Change	369.23%
Change since IPO	88.81%

Recent updates

Shareholder Returns

	1HR	DE Commercial Services	DE Market
7D	-5.6%	-3.7%	-1.8%
1Y	84.2%	-4.0%	13.6%

Return vs Industry: 1HR exceeded the German Commercial Services industry which returned -4% over the past year.

Return vs Market: 1HR exceeded the German Market which returned 13.6% over the past year.

Price Volatility

Is 1HR's price volatile compared to industry and market?
1HR volatility
1HR Average Weekly Movement	5.6%
Commercial Services Industry Average Movement	5.9%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 1HR has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 1HR's weekly volatility has decreased from 11% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
2001	68	Fredrik Emilson	www.envirosystems.se

Scandinavian Enviro Systems AB (publ) develops, builds, owns, and operates plants for material recovery of resources from used tires in Sweden and internationally. The company’s recoverable materials include carbon black, oil, steel, and gas. Scandinavian Enviro Systems AB (publ) was incorporated in 2001 and is headquartered in Gothenburg, Sweden.

Scandinavian Enviro Systems AB (publ) Fundamentals Summary

How do Scandinavian Enviro Systems's earnings and revenue compare to its market cap?
1HR fundamental statistics
Market cap	€138.39m
Earnings (TTM)	€1.61m
Revenue (TTM)	€10.52m

86.2x

P/E Ratio

13.2x

P/S Ratio

Is 1HR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1HR income statement (TTM)
Revenue	SEK 122.40m
Cost of Revenue	SEK 46.13m
Gross Profit	SEK 76.27m
Other Expenses	SEK 57.60m
Earnings	SEK 18.67m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 21, 2024

Earnings per share (EPS)	0.023
Gross Margin	62.31%
Net Profit Margin	15.26%
Debt/Equity Ratio	1.2%

How did 1HR perform over the long term?

See historical performance and comparison

1HR Stock Overview

Rewards

Risk Analysis

Scandinavian Enviro Systems AB (publ) Competitors

XTRA:BFSA

€830.4m

XTRA:BDT

€180.4m

DB:EDD3

€39.9m

XTRA:FPH

€34.7m

Price History & Performance

Recent News & Updates

Scandinavian Enviro Systems AB (Publ) Announces CFO Changes

Second quarter 2024 earnings released: EPS: kr0.038 (vs kr0.034 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: kr0.038 (vs kr0.037 loss in 1Q 2023)

Forecast to breakeven in 2024

Full year 2023 earnings released: kr0.12 loss per share (vs kr0.13 loss in FY 2022)

Scandinavian Enviro Systems AB (publ) to Report Fiscal Year 2024 Results on Feb 26, 2025

Recent updates

Scandinavian Enviro Systems AB (Publ) Announces CFO Changes

Second quarter 2024 earnings released: EPS: kr0.038 (vs kr0.034 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: kr0.038 (vs kr0.037 loss in 1Q 2023)

Forecast to breakeven in 2024

Full year 2023 earnings released: kr0.12 loss per share (vs kr0.13 loss in FY 2022)

Scandinavian Enviro Systems AB (publ) to Report Fiscal Year 2024 Results on Feb 26, 2025

Enviro Appoints Fredrik Emilson as CEO

Scandinavian Enviro Systems AB (Publ) Announces Chief Executive Officer Changes

Third quarter 2023 earnings released: kr0.024 loss per share (vs kr0.03 loss in 3Q 2022)

Scandinavian Enviro Systems AB (publ) to Report Fiscal Year 2023 Results on Feb 23, 2024

New major risk - Revenue and earnings growth

Scandinavian Enviro Systems AB (Publ) Appoints Christian Bergaust as Interim Chief Financial Officer

Scandinavian Enviro Systems AB (publ) Announces Resignation of CFO Staffan Kullberg

Scandinavian Enviro Systems AB (Publ) Develops New Type of Recovered Carbon Black with Improved Properties

Enviro Appoints Mårten Wikforss as Responsible for IR and Communications

Second quarter 2023 earnings released: kr0.034 loss per share (vs kr0.032 loss in 2Q 2022)

Scandinavian Enviro Systems AB (publ) Announces Executive Changes

Scandinavian Enviro Systems AB (Publ) Approves Appointment of Fabien Gaboriaud as Board Member

First quarter 2023 earnings released: kr0.037 loss per share (vs kr0.027 loss in 1Q 2022)

Scandinavian Enviro Systems AB (publ), Annual General Meeting, Jun 14, 2023

Director recently bought €5.8k worth of stock

Full year 2022 earnings released: kr0.13 loss per share (vs kr0.10 loss in FY 2021)

Third quarter 2022 earnings released: kr0.03 loss per share (vs kr0.02 loss in 3Q 2021)

Less than half of directors are independent

Scandinavian Enviro Systems AB (Publ) Announces Construction Permit Grant for Plan Facility in Uddevalla

Scandinavian Enviro Systems AB (Publ) Initiates Detailed Design Stage for Its Plant in Uddevalla

Scandinavian Enviro Systems AB (Publ) Appoints Staffan Kullberg as New CFO

Second quarter 2022 earnings released: kr0.032 loss per share (vs kr0.026 loss in 2Q 2021)

Enviro Receives Environmental Permit for Planned Facility in Uddevalla

First quarter 2022 earnings released: kr0.027 loss per share (vs kr0.021 loss in 1Q 2021)

Less than half of directors are independent

Scandinavian Enviro Systems Launches Updated Brand Platform and New Graphic Profile

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Scandinavian Enviro Systems AB (publ), Annual General Meeting, May 24, 2023

Third quarter 2021 earnings released: kr0.02 loss per share (vs kr0.022 loss in 3Q 2020)

Second quarter 2021 earnings released: kr0.026 loss per share (vs kr0.022 loss in 2Q 2020)

Michelin Presents Another Sustainable Racing Tyre Based on Recovered Carbon Black from Scandinavian Enviro Systems AB

First quarter 2021 earnings released: kr0.021 loss per share (vs kr0.025 loss in 1Q 2020)

New 90-day low: €0.21

Full year 2020 earnings released: kr0.092 loss per share (vs kr0.13 loss in FY 2019)

Scandinavian Enviro Systems AB (publ) to Report Nine Months, 2021 Results on Nov 25, 2021

Scandinavian Enviro Systems and Michelin Signs Definitive Agreements on Strategic Partnership

Scandinavian Enviro Systems AB (publ) Provides Update on Definitive Strategic Partnership Agreements with Michelin

Scandinavian Enviro Systems Receives Order from Michelin for Engineering Services Worth SEK 4 Million

Scandinavian Enviro Systems AB (publ) and Michelin Agrees on Key Principles for Strategic Partnership

Third quarter 2020 earnings released: kr0.022 loss per share

New 90-day high: €0.27

Recovered Carbon Black from Scandinavian Enviro Systems AB (Publ) Is Introduced in A Customer-Specific Rubber Compound from Trelleborg Mixing Forsheda

New 90-day high - €0.22

New 90-day high - €0.20

Scandinavian Enviro Systems AB (publ) to Report Q1, 2021 Results on May 20, 2021

Earnings released