DB:1HR

Stock Analysis Report

Scandinavian Enviro Systems

Executive Summary

Scandinavian Enviro Systems AB (publ), an environmental company, engages in the recovery of carbon black, oil, steel, and gas from waste tires.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Scandinavian Enviro Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1HR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-50.6%

1HR

-0.5%

DE Commercial Services

2.2%

DE Market


1 Year Return

-74.1%

1HR

-32.0%

DE Commercial Services

-17.2%

DE Market

Return vs Industry: 1HR underperformed the German Commercial Services industry which returned -32% over the past year.

Return vs Market: 1HR underperformed the German Market which returned -17.2% over the past year.


Shareholder returns

1HRIndustryMarket
7 Day-50.6%-0.5%2.2%
30 Day-72.8%-22.0%-15.7%
90 Day-74.1%-34.0%-24.0%
1 Year-74.1%-74.1%-29.6%-32.0%-14.9%-17.2%
3 Yearn/a-27.1%-33.4%-16.4%-23.3%
5 Yearn/a-35.0%-44.1%-16.5%-27.8%

Price Volatility Vs. Market

How volatile is Scandinavian Enviro Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Scandinavian Enviro Systems undervalued compared to its fair value and its price relative to the market?

0.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1HR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1HR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1HR is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: 1HR 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 1HR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1HR is good value based on its PB Ratio (0.6x) compared to the DE Commercial Services industry average (2.1x).


Next Steps

Future Growth

How is Scandinavian Enviro Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.6%

Forecasted Commercial Services 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 Scandinavian Enviro Systems 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 Scandinavian Enviro Systems performed over the past 5 years?

-12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1HR is currently unprofitable.

Growing Profit Margin: 1HR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1HR is unprofitable, and losses have increased over the past 5 years at a rate of -12.9% per year.

Accelerating Growth: Unable to compare 1HR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1HR is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (8.9%).


Return on Equity

High ROE: 1HR has a negative Return on Equity (-28.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is Scandinavian Enviro Systems's financial position?


Financial Position Analysis

Short Term Liabilities: 1HR's short term assets (SEK62.7M) exceed its short term liabilities (SEK13.7M).

Long Term Liabilities: 1HR's short term assets (SEK62.7M) exceed its long term liabilities (SEK3.9M).


Debt to Equity History and Analysis

Debt Level: 1HR's debt to equity ratio (4.5%) is considered satisfactory.

Reducing Debt: 1HR's debt to equity ratio has reduced from 26.3% to 4.5% over the past 5 years.


Balance Sheet

Inventory Level: 1HR has a high level of physical assets or inventory.

Debt Coverage by Assets: 1HR's debt is covered by short term assets (assets are 8.8x 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: 1HR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 1HR has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 1.1% each year.


Next Steps

Dividend

What is Scandinavian Enviro Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1HR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1HR'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 1HR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1HR'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 1HR'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?

4.0yrs

Average management tenure


CEO

Thomas Sörensson (43yo)

4s

Tenure

kr1,389,000

Compensation

Mr. Thomas Sörensson has been the Chief Executive Officer of Scandinavian Enviro Systems AB (publ) since February 2016. Mr. Sörensson served as Head of B&B Tools Shanghai at B&B Tools AB. He served as Chie ...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD139.82K) is below average for companies of similar size in the German market ($USD428.68K).

Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Sörensson
Chief Executive Officer4yrskr1.39m0.11% SEK10.6k
Urban Folcker
Chief Financial Officer4yrsno data0.24% SEK22.4k
Olov Ershag
Chief Operating Officer3.17yrskr404.42k0.18% SEK16.6k
Fredrik Olofsson
Sales Manager3.17yrsno datano data
Bengt-Sture Ershag
R&D Managerno datakr872.00kno data
Jan Olsson
Plant Manager7.67yrskr452.07kno data
Stefan Winström
Chairman of the Election Committeeno datano datano data

4.0yrs

Average Tenure

58yo

Average Age

Experienced Management: 1HR's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alf Blomqvist
Chairman2yrskr235.00k0.27% SEK25.4k
Nils Persson
Director7.58yrskr114.00k2.56% SEK242.4k
Stefan Tilk
Independent Director4.83yrskr118.00k0.13% SEK12.2k
Peter Möller
Director3yrskr118.00k0.022% SEK2.0k
Jan Bruzelius
Independent Director1.83yrskr73.00k0.22% SEK20.4k
Björn Olausson
Independent Director0.83yrno datano data

2.5yrs

Average Tenure

65yo

Average Age

Experienced Board: 1HR's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 194.6%.


Top Shareholders

Company Information

Scandinavian Enviro Systems AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scandinavian Enviro Systems AB (publ)
  • Ticker: 1HR
  • Exchange: DB
  • Founded: 2001
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: kr103.387m
  • Listing Market Cap: kr9.470m
  • Shares outstanding: 464.66m
  • Website: https://www.envirosystems.se

Number of Employees


Location

  • Scandinavian Enviro Systems AB (publ)
  • Herkulesgatan 1K
  • Gothenburg
  • 417 01
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SESOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKJun 2014
1HRDB (Deutsche Boerse AG)YesShare CapitalDEEURJun 2014

Biography

Scandinavian Enviro Systems AB (publ), an environmental company, engages in the recovery of carbon black, oil, steel, and gas from waste tires. The company offers recovered materials; plants and components; and consulting services for design, training, installation, maintenance, etc. for plants. Scandinavian Enviro Systems AB (publ) was founded in 2001 and is headquartered in Gothenburg, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 23:09
End of Day Share Price2020/03/31 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.