Actic Group AB (publ) operates health and fitness clubs in Sweden, Norway, Germany, and Austria.
Fair value with mediocre balance sheet.
Share Price & News
How has Actic Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8XA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8XA underperformed the German Hospitality industry which returned -34.4% over the past year.
Return vs Market: 8XA underperformed the German Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Actic Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Actic Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8XA (€1.38) is trading below our estimate of fair value (€11.2)
Significantly Below Fair Value: 8XA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8XA is unprofitable, so we can't compare its PE Ratio to the DE Hospitality industry average.
PE vs Market: 8XA 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 8XA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8XA is good value based on its PB Ratio (0.8x) compared to the DE Hospitality industry average (2x).
How is Actic Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer 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 Actic Group 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 whether Actic Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Actic Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Actic Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8XA is currently unprofitable.
Growing Profit Margin: 8XA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8XA is unprofitable, and losses have increased over the past 5 years at a rate of -69.3% per year.
Accelerating Growth: Unable to compare 8XA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8XA is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-15.6%).
Return on Equity
High ROE: 8XA has a negative Return on Equity (-109.86%), as it is currently unprofitable.
How is Actic Group's financial position?
Financial Position Analysis
Short Term Liabilities: 8XA's short term assets (SEK191.4M) do not cover its short term liabilities (SEK429.3M).
Long Term Liabilities: 8XA's short term assets (SEK191.4M) do not cover its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: 8XA's debt to equity ratio (163.4%) is considered high.
Reducing Debt: 8XA's debt to equity ratio has reduced from 183% to 163.4% over the past 5 years.
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 8XA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8XA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.3% per year.
What is Actic Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8XA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8XA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8XA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8XA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 8XA is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8XA'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
Anders Carlbark (39yo)
Mr. Anders Carlbark has been an Chief Executive Officer at Actic Group AB (publ) since April 2019 and was its Acting Marketing Manager since December 2018. He serves as Global Head of Merchandising at H&M. ...
CEO Compensation Analysis
Compensation vs Market: Anders's total compensation ($USD356.01K) is about average for companies of similar size in the German market ($USD468.99K).
Compensation vs Earnings: Anders's compensation has increased whilst the company is unprofitable.
|Chief Executive Officer||1.58yrs||kr3.24m||0.063% SEK14.0k|
|Interim Chief Financial Officer||0.50yr||no data||no data|
|Chief Marketing Officer||1.5yrs||no data||no data|
|Head of Human Resources||7.5yrs||no data||0.011% SEK2.4k|
|Head of IT||3.5yrs||no data||0.0035% SEK768.2|
|Head of Group Expansion||0.92yr||no data||no data|
|Chief Product Officer||0.58yr||no data||no data|
Experienced Management: 8XA's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Chairman of the Board||2.5yrs||kr629.00k||0.019% SEK4.2k|
|Independent Director||2.5yrs||kr300.00k||0.063% SEK14.0k|
|Independent Director||2.5yrs||kr250.00k||no data|
|Independent Director||2.17yrs||kr269.00k||no data|
|Independent Director||1.17yrs||kr196.00k||no data|
Experienced Board: 8XA's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Actic Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Actic Group AB (publ)
- Ticker: 8XA
- Exchange: DB
- Founded: 1981
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: kr230.506m
- Listing Market Cap: kr22.202m
- Shares outstanding: 15.90m
- Website: https://www.acticgroup.com
Number of Employees
- Actic Group AB (publ)
- Smidesvägen 12
- Stockholm County
- 171 41
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|0ROI||LSE (London Stock Exchange)||Yes||Class A Shares||GB||SEK||Apr 2017|
|ATIC||OM (OMX Nordic Exchange Stockholm)||Yes||Class A Shares||SE||SEK||Apr 2017|
|8XA||DB (Deutsche Boerse AG)||Yes||Class A Shares||DE||EUR||Apr 2017|
|ATICS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A Shares||GB||SEK||Apr 2017|
Actic Group AB (publ) operates health and fitness clubs in Sweden, Norway, Germany, and Austria. It offers gym and swim facilities, as well as access to fitness clubs, PTs, and group training. The company also provides energy bars and drinks, training clothes, and other miscellaneous training products through online web shop; and training packages for corporate customers’ employees, as well as arranges education program for instructors. It operates 181 clubs; and serves 222,000 members. The company was founded in 1981 and is headquartered in Solna, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 21:47|
|End of Day Share Price||2020/07/14 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.