BST:ZS4

Stock Analysis Report

Executive Summary

AB Snaige, together with its subsidiaries, produces and sells refrigerators and refrigerating equipment under the SNAIGE brand name primarily in Lithuania.

Risk Analysis

Earnings have declined by -42.09% per year over past 5 years

Does not have a meaningful market cap (€6M)

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has AB Snaige's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ZS4 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.5%

ZS4

0.006%

DE Consumer Durables

1.0%

DE Market


1 Year Return

8.0%

ZS4

6.1%

DE Consumer Durables

14.2%

DE Market

Return vs Industry: ZS4 matched the German Consumer Durables industry which returned 6.1% over the past year.

Return vs Market: ZS4 underperformed the German Market which returned 14.2% over the past year.


Shareholder returns

ZS4IndustryMarket
7 Day1.5%0.006%1.0%
30 Day0%5.1%0.04%
90 Day2.3%5.2%6.0%
1 Year8.0%8.0%8.7%6.1%17.8%14.2%
3 Year-37.6%-43.0%6.3%-2.6%19.2%8.7%
5 Year-60.5%-63.9%40.6%21.4%36.0%17.5%

Price Volatility Vs. Market

How volatile is AB Snaige's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AB Snaige undervalued compared to its fair value and its price relative to the market?

1.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ZS4's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ZS4's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ZS4 is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: ZS4 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 ZS4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZS4 is good value based on its PB Ratio (1x) compared to the DE Consumer Durables industry average (1.6x).


Next Steps

Future Growth

How is AB Snaige forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.7%

Forecasted Consumer Durables 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 AB Snaige 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 AB Snaige performed over the past 5 years?

-42.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZS4 is currently unprofitable.

Growing Profit Margin: ZS4 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZS4 is unprofitable, and losses have increased over the past 5 years at a rate of -42.1% per year.

Accelerating Growth: Unable to compare ZS4's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ZS4 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-15.9%).


Return on Equity

High ROE: ZS4 has a negative Return on Equity (-16.02%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is AB Snaige's financial position?


Financial Position Analysis

Short Term Liabilities: ZS4's short term assets (€11.3M) do not cover its short term liabilities (€19.3M).

Long Term Liabilities: ZS4's short term assets (€11.3M) exceed its long term liabilities (€3.1M).


Debt to Equity History and Analysis

Debt Level: ZS4's debt to equity ratio (167.9%) is considered high.

Reducing Debt: ZS4's debt to equity ratio has increased from 142% to 167.9% over the past 5 years.


Balance Sheet

Inventory Level: ZS4 has a high level of physical assets or inventory.

Debt Coverage by Assets: ZS4's debt is covered by short term assets (assets are 1.2x 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: Whilst unprofitable ZS4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ZS4 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -61.7% per year.


Next Steps

Dividend

What is AB Snaige's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%3.6%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ZS4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ZS4'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 ZS4's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZS4's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ZS4 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZS4's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of AB Snaige's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average board tenure


CEO

Mindaugas Sologubas 0

0.3yrs

Tenure

0

Mindaugas Sologubas has been General Manager of AB Snaige since September 21, 2019 and served as its Chief Financial Officer since September 23, 2014 until September 21, 2019. 


Board Age and Tenure

3.2yrs

Average Tenure

Experienced Board: ZS4's board of directors are considered experienced (3.2 years average tenure).


Insider Trading

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 not been meaningfully diluted in the past year.


Management Team

  • Ruta Petrauskaite

    Marketing Director

    • Tenure: 0yrs
  • Neringa Menciuiene

    Acting MD & Chief Accountant

    • Tenure: 0yrs
  • Kestutis Urbonavicius

    Technical & Production Director

    • Tenure: 0yrs
  • Mindaugas Sologubas

    General Manager

    • Tenure: 0.3yrs

Board Members

  • Oleg Tsarkov (53yo)

    Member of the Board

    • Tenure: 4.7yrs
  • Aleksey Kovalchuk

    Chairman of the Board

    • Tenure: 8yrs
  • Anna Kovalchuk

    Member of the Board

    • Tenure: 1.7yrs
  • Konstantin Kovalchuk

    Member of the Board

    • Tenure: 1.7yrs

Company Information

AB Snaige's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AB Snaige
  • Ticker: ZS4
  • Exchange: BST
  • Founded: 1963
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: €5.943m
  • Shares outstanding: 39.62m
  • Website: https://www.snaige.lt

Number of Employees


Location

  • AB Snaige
  • Pramones str. 6
  • Alytus
  • 62175
  • Lithuania

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNG1LNSEL (OMX Nordic Exchange Vilnius)YesOrdinary Registered SharesLTEURApr 1997
0OMULSE (London Stock Exchange)YesOrdinary Registered SharesGBEURApr 1997
ZS4BST (Boerse-Stuttgart)YesOrdinary Registered SharesDEEURApr 1997

Biography

AB Snaige, together with its subsidiaries, produces and sells refrigerators and refrigerating equipment under the SNAIGE brand name primarily in Lithuania. The company offers combined refrigerators with se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/13 21:43
End of Day Share Price2019/12/12 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.