DB:8NL

Stock Analysis Report

Executive Summary

Enlabs AB (publ) creates entertainment in gaming, media, and solutions business areas.

Snowflake

Fundamentals

Exceptional growth potential with flawless balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

6.7%

8NL

3.7%

DE Hospitality

1.4%

DE Market


1 Year Return

52.5%

8NL

-16.3%

DE Hospitality

3.7%

DE Market

Return vs Industry: 8NL exceeded the German Hospitality industry which returned -16.3% over the past year.

Return vs Market: 8NL exceeded the German Market which returned 3.7% over the past year.


Shareholder returns

8NLIndustryMarket
7 Day6.7%3.7%1.4%
30 Day24.7%21.6%1.3%
90 Day19.9%26.1%3.4%
1 Year52.5%52.5%-10.6%-16.3%7.0%3.7%
3 Yearn/a16.0%0.5%18.5%8.3%
5 Yearn/a35.7%8.7%42.2%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 8NL (€2.32) is trading below our estimate of fair value (€6.03)

Significantly Undervalued: 8NL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8NL is good value based on its PE Ratio (17.6x) compared to the Hospitality industry average (32.3x).

PE vs Market: 8NL is good value based on its PE Ratio (17.6x) compared to the German market (19.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: 8NL is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: 8NL is overvalued based on its PB Ratio (4.2x) compared to the DE Hospitality industry average (2.6x).


Next Steps

Future Growth

How is Enlabs forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

30.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8NL's forecast earnings growth (30.8% per year) is above the savings rate (0.2%).

Earnings vs Market: 8NL's earnings (30.8% per year) are forecast to grow faster than the German market (12.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8NL's revenue (22.7% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: 8NL's revenue (22.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: 8NL's Return on Equity is forecast to be high in 3 years time (28.9%)


Next Steps

Past Performance

How has Enlabs performed over the past 5 years?

46.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8NL's earnings have grown significantly by 46.1% per year over the past 5 years.

Accelerating Growth: 8NL's earnings growth over the past year (44.5%) is below its 5-year average (46.1% per year).

Earnings vs Industry: 8NL earnings growth over the past year (44.5%) exceeded the Hospitality industry -28.4%.


Return on Equity

High ROE: 8NL's Return on Equity (24.4%) is considered high.


Return on Assets

ROA vs Industry: 8NL has a higher Return on Assets than the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: 8NL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Enlabs's financial position?


Financial Position Analysis

Short Term Liabilities: 8NL's short term assets (€17.4M) exceeds its short term liabilities (€4.3M)

Long Term Liabilities: 8NL's short term assets (17.4M) exceeds its long term liabilities (2.5M)


Debt to Equity History and Analysis

Debt Level: 8NL is debt free.

Reducing Debt: 8NL had no debt 5 years ago.

Debt Coverage: 8NL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8NL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 8NL has a low level of unsold assets or inventory.

Debt Coverage by Assets: 8NL's debt is covered by short term assets (assets are 78232029127053346.887910x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 8NL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8NL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 8NL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8NL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8NL is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8NL'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 Enlabs's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

Robert Andersson (42yo)

1.5yrs

Tenure

0

Mr. Robert Andersson has been Chief Executive Officer and President of Nordic Leisure AB (Publ) since April 16, 2018. Mr. Andersson serves as the Chief Executive Officer of Gorollsson AB. Mr. Andersson ser ...


Management Age and Tenure

1.1yrs

Average Tenure

Experienced Management: 8NL's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Age and Tenure

2.4yrs

Average Tenure

51yo

Average Age

Experienced Board: 8NL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: 8NL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell€41,25209 Aug 19
Staffan Dahl
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,500
Max Price€2.02

Ownership Breakdown


Management Team

  • Smooth Winbo

    Market Manager

    • Tenure: 0yrs
  • Robert Andersson (42yo)

    CEO & President

    • Tenure: 1.5yrs
  • HB Nordström (43yo)

    Chief Operating Officer

    • Tenure: 1.8yrs
  • Miko Salo

    Chief Commercial Officer

    • Tenure: 0yrs
  • Sami Koponen

    Head of Media

    • Tenure: 0yrs
  • George Ustinov

    Chief Financial Officer

    • Tenure: 0yrs
  • Adam Jonsson

    Head of Investor Relations

    • Tenure: 0yrs
  • Alnis Vitols

    Head of Legal

    • Tenure: 0.5yrs
  • Davit Khatiashvili

    Chief Technology Officer

    • Tenure: 0.8yrs

Board Members

  • Peter Åström (53yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: €208.40k
  • Staffan Dahl (45yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: €9.00k
  • Niklas Braathen (56yo)

    Chairman of the Board of Directors

    • Tenure: 6.4yrs
    • Compensation: €8.00k
  • Ludwig Pettersson (28yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: €9.00k
  • Christian Haupt (51yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: €5.00k

Company Information

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


Key Information

  • Name: Enlabs AB (publ)
  • Ticker: 8NL
  • Exchange: DB
  • Founded: 2005
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: kr1.577b
  • Listing Market Cap: kr146.298m
  • Shares outstanding: 62.83m
  • Website: https://enlabs.se

Number of Employees


Location

  • Enlabs AB (publ)
  • Stora Gatan 46
  • Sigtuna
  • Stockholm County
  • 193 30
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NLABOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKJul 2006
8NLDB (Deutsche Boerse AG)YesShare CapitalDEEURJul 2006

Biography

Enlabs AB (publ) creates entertainment in gaming, media, and solutions business areas. It offers entertainment through various products, including casino, live casino, betting, poker, and bingo under vario ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 22:16
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.