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Stillfront Group

DB:1YS
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1YS
DB
SEK5B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Stillfront Group AB (publ), through its subsidiaries, creates, publishes, and distributes digital games in Germany, the United States, France, the United Kingdom, and the Middle East and North Africa region. The last earnings update was 5 days ago. More info.


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  • Stillfront Group has significant price volatility in the past 3 months.
1YS Share Price and Events
7 Day Returns
-0.2%
DB:1YS
0.8%
DE Entertainment
1.5%
DE Market
1 Year Returns
7.3%
DB:1YS
10.2%
DE Entertainment
-6.2%
DE Market
1YS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stillfront Group (1YS) -0.2% -4.3% 52.6% 7.3% - -
DE Entertainment 0.8% 6.3% 12.5% 10.2% 35.2% 74.6%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • 1YS underperformed the Entertainment industry which returned 10.2% over the past year.
  • 1YS outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Stillfront Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Stillfront Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Stillfront Group.

DB:1YS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:1YS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.962 (1 + (1- 22%) (19.95%))
1.075
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.075 * 5.96%)
6.64%

Discounted Cash Flow Calculation for DB:1YS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Stillfront Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:1YS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.64%)
2019 288.00 Analyst x3 270.08
2020 389.00 Analyst x3 342.10
2021 426.67 Analyst x3 351.88
2022 454.56 Est @ 6.54% 351.55
2023 475.67 Est @ 4.64% 344.99
2024 491.47 Est @ 3.32% 334.27
2025 503.22 Est @ 2.39% 320.97
2026 511.99 Est @ 1.74% 306.24
2027 518.59 Est @ 1.29% 290.89
2028 523.62 Est @ 0.97% 275.43
Present value of next 10 years cash flows SEK3,188.40
DB:1YS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK523.62 × (1 + 0.23%) ÷ (6.64% – 0.23%)
SEK8,191.24
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK8,191.24 ÷ (1 + 6.64%)10
SEK4,308.73
DB:1YS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK3,188.40 + SEK4,308.73
SEK7,497.13
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK7,497.13 / 24.05
SEK311.75
DB:1YS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1YS represents 0.09427x of OM:SF
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09427x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 311.75 x 0.09427
€29.39
Value per share (EUR) From above. €29.39
Current discount Discount to share price of €20.55
= -1 x (€20.55 - €29.39) / €29.39
30.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Stillfront Group is available for.
Intrinsic value
30%
Share price is €20.55 vs Future cash flow value of €29.39
Current Discount Checks
For Stillfront Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Stillfront Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Stillfront Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Stillfront Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stillfront Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1YS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK6.71
OM:SF Share Price ** OM (2019-04-23) in SEK SEK218
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Stillfront Group.

DB:1YS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:SF Share Price ÷ EPS (both in SEK)

= 218 ÷ 6.71

32.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stillfront Group is overvalued based on earnings compared to the DE Entertainment industry average.
  • Stillfront Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Stillfront Group's expected growth come at a high price?
Raw Data
DB:1YS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 32.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
24.1%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.67x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:1YS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 32.5x ÷ 24.1%

1.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stillfront Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Stillfront Group's assets?
Raw Data
DB:1YS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK44.95
OM:SF Share Price * OM (2019-04-23) in SEK SEK218
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.56x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:1YS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:SF Share Price ÷ Book Value per Share (both in SEK)

= 218 ÷ 44.95

4.85x

* Primary Listing of Stillfront Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stillfront Group is overvalued based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess Stillfront Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. Stillfront Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Stillfront Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stillfront Group expected to grow at an attractive rate?
  • Stillfront Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Stillfront Group's earnings growth is expected to exceed the Germany market average.
  • Stillfront Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1YS Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1YS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 24.1%
DB:1YS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 10%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:1YS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1YS Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,107 1
2021-12-31 2,037 626 379 4
2020-12-31 1,872 566 343 4
2019-12-31 1,677 465 287 4
DB:1YS Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 1,443 210 156
2018-09-30 1,308 235 95
2018-06-30 1,181 169 80
2018-03-31 1,058 284 95
2017-12-31 980 211 75

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stillfront Group's earnings are expected to grow significantly at over 20% yearly.
  • Stillfront Group's revenue is expected to grow by 10% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1YS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Stillfront Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1YS Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 15.62 16.16 15.28 4.00
2020-12-31 14.14 15.88 12.87 4.00
2019-12-31 11.83 12.40 10.69 4.00
DB:1YS Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 6.71
2018-09-30 4.41
2018-06-30 4.01
2018-03-31 5.16
2017-12-31 4.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Stillfront Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Stillfront Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Stillfront Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Stillfront Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Stillfront Group's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if Stillfront Group's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare Stillfront Group's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • Stillfront Group's earnings growth has exceeded the DE Entertainment industry average in the past year (108% vs -6%).
Earnings and Revenue History
Stillfront Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Stillfront Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1YS Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,443.00 156.00 236.00
2018-09-30 1,308.00 95.00 207.00
2018-06-30 1,181.00 80.00 185.00
2018-03-31 1,057.81 95.40 179.60
2017-12-31 980.00 75.00 217.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Stillfront Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Stillfront Group used its assets more efficiently than the DE Entertainment industry average last year based on Return on Assets.
  • Unable to establish if Stillfront Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Stillfront Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Stillfront Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Stillfront Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Stillfront Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stillfront Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stillfront Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Stillfront Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Stillfront Group Company Filings, last reported 3 months ago.

DB:1YS Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,096.00 1,046.00 246.00
2018-09-30 974.00 543.00 152.00
2018-06-30 916.92 488.78 80.40
2018-03-31 877.41 497.02 144.54
2017-12-31 64.00 0.00 176.00
  • Stillfront Group's level of debt (95.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if Stillfront Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (20.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.4x coverage).
X
Financial health checks
We assess Stillfront Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Stillfront Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Stillfront Group dividends. Estimated to be 0% next year.
If you bought €2,000 of Stillfront Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Stillfront Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Stillfront Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:1YS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:1YS Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Stillfront Group has not reported any payouts.
  • Unable to verify if Stillfront Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Stillfront Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Stillfront Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Stillfront Group's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Stillfront Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Stillfront Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stillfront Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jörgen Larsson
AGE 54
CEO Bio

Mr. Jörgen Larsson has been Chief Executive Officer and President of Stillfront Group AB (publ). He is a Founder of GameRock AB and serves as its Chief Executive Officer. Mr. Larsson is a Founder of ESN, VOIPlay AB & onGolf AB and was been its Chairman since 2004. Mr. Larsson is a Founder of Mind AB. He has been the Chief Executive Officer at Stillfront Group AB (publ)(Acquired) since October 2015. He served as MD of Stillfront Group AB since october 2015 until 2018. He served as a Partner at Deseven Capital AB since 2001 and has managed several ventures within the firm. Mr. Larsson has entrepreneurial experience within professional and private areas and industrial experience since the seventies. From 1997 to 2001, he was the President, Chief Executive Officer of Mind AB. Mr. Larsson managed Mind's organic growth from start up to listed company with 550 employees. From 1995 to 1997, he was a Marketing Executive at Ericsson GSM Market Operations and led sales process of Ericsson GSM systems in western Europe closing contracts exceeding $1000 million. From 1990 to 1994, Mr. Larsson was a Manager at Ericsson Data. He was a Shipping Broker at Nordström & Thulin from 1988 to 1989. He serves as the Chairman at GameRock AB. He was a Director of Stillfront Group AB (publ) since 2007. He holds degrees in Physics, Economy, History and Philosophy Studies from Uppsala University. Mr. Larsson also holds a M.Sc. in Industrial Engineering from Linköping Institute of Technology.

CEO Compensation
  • Insufficient data for Jörgen to compare compensation growth.
  • Insufficient data for Jörgen to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Jörgen Larsson

TITLE
CEO & President
AGE
54

Fabian Ritter

TITLE
Co-Founder and Technical Director
AGE
41

Sten Wranne

TITLE
Chief Financial Officer
AGE
57

Alexis Bonte

TITLE
Chief Operating Officer
AGE
42
TENURE
0.3 yrs

Sofia Wretman

TITLE
Head of IR & Communications
AGE
41

Marina Andersson

TITLE
Head of M&A
AGE
46
TENURE
0.1 yrs

Christian Kaul

TITLE
Chief Commercial Officer
AGE
37
Board of Directors
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Stillfront Group insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Mar 19 Buy Laureus Capital GmbH Company 19. Mar 19 22. Mar 19 406,343 €21.92 €8,654,325
18. Mar 19 Buy Laureus Capital GmbH Company 14. Mar 19 15. Mar 19 214,258 €18.19 €3,858,543
13. Mar 19 Buy Sten Wranne Individual 11. Mar 19 11. Mar 19 3,000 €16.00 €47,989
X
Management checks
We assess Stillfront Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Stillfront Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Stillfront Group AB (publ), through its subsidiaries, creates, publishes, and distributes digital games in Germany, the United States, France, the United Kingdom, and the Middle East and North Africa region. Its games portfolio include Call of War, a browser based World War II strategy game; Conflict of Nations: Modern War, a browser based strategy game; eRepublik, a browser based multiplayer online game; Gemstone IV and Dragonrealms, a browser based fantasy games; Goodgame: Big Farm, an online farming strategy game; Goodgame: Big Farm: Mobile Harvest, an online farming strategy game for mobile; Goodgame: EMPIRE, an online strategy game for browser; Goodgame: EMPIRE: Four Kingdoms, an online strategy game for browser. The company’s games portfolio also include Imperia Online, a browser based multiplayer online real-time strategy game; ManagerZone Football & Hockey, a mobile and browser based sports management games; Nida Harb II, a mobile war strategy game; Online Fussball Manager, a sports management game; SIEGE: World War II, a mobile war strategy game; Supremacy 1914, a browser based World War I strategy game; Tank Storm, a mobile war strategy game; Unravel, a puzzle/strategy platform game for console and PC; War and Peace: Civil War, a mobile war strategy game; and World at War, a mobile war strategy game. The company is headquartered in Stockholm, Sweden.

Details
Name: Stillfront Group AB (publ)
1YS
Exchange: DB
Founded:
SEK499,043,344
24,048,240
Website: http://www.stillfront.com
Address: Stillfront Group AB (publ)
Hitech Building,
5th floor,
Stockholm,
Stockholm County, 111 57,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM SF Ordinary Shares OMX Nordic Exchange Stockholm SE SEK 16. Jan 2018
DB 1YS Ordinary Shares Deutsche Boerse AG DE EUR 16. Jan 2018
Number of employees
Current staff
Staff numbers
500
Stillfront Group employees.
Industry
Interactive Home Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 22:40
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/23
Last earnings filing: 2019/04/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.