DB:2MV1

Stock Analysis Report

Executive Summary

Mavshack AB (publ), together with its subsidiaries, engages in the digital entertainment business in Sweden and internationally.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2MV1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.9%

2MV1

0.1%

DE Entertainment

0.1%

DE Market


1 Year Return

-67.5%

2MV1

35.2%

DE Entertainment

14.1%

DE Market

Return vs Industry: 2MV1 underperformed the German Entertainment industry which returned 35.2% over the past year.

Return vs Market: 2MV1 underperformed the German Market which returned 14.1% over the past year.


Shareholder returns

2MV1IndustryMarket
7 Day-1.9%0.1%0.1%
30 Day-17.5%0.4%0.2%
90 Day2.0%7.3%3.3%
1 Year-67.5%-67.5%37.0%35.2%17.6%14.1%
3 Year-52.7%-52.7%42.3%35.9%14.8%4.8%
5 Year-98.9%-98.9%113.0%96.1%22.2%5.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2MV1 (€0.01) is trading below our estimate of fair value (€0.06)

Significantly Below Fair Value: 2MV1 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2MV1 is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: 2MV1 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 2MV1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2MV1 is overvalued based on its PB Ratio (1.9x) compared to the DE Entertainment industry average (1.5x).


Next Steps

Future Growth

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

21.1%

Forecasted Media 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 Mavshack 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 Mavshack performed over the past 5 years?

30.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2MV1 is currently unprofitable.

Growing Profit Margin: 2MV1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2MV1 is unprofitable, but has reduced losses over the past 5 years at a rate of 30.2% per year.

Accelerating Growth: Unable to compare 2MV1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2MV1 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (17.9%).


Return on Equity

High ROE: 2MV1 has a negative Return on Equity (-63.13%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Mavshack's financial position?


Financial Position Analysis

Short Term Liabilities: 2MV1's short term assets (SEK7.6M) do not cover its short term liabilities (SEK27.4M).

Long Term Liabilities: 2MV1's short term assets (SEK7.6M) exceed its long term liabilities (SEK187.8K).


Debt to Equity History and Analysis

Debt Level: 2MV1 is debt free.

Reducing Debt: 2MV1 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.


Balance Sheet

Inventory Level: 2MV1 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 2MV1's debt is covered by short term assets.


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 2MV1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 2MV1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.7% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2MV1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2MV1'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 2MV1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2MV1'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 2MV1'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?

2.8yrs

Average management tenure


CEO

Tommy Carlstedt (49yo)

2.8yrs

Tenure

Mr. Tommy Carlstedt serves as Director at Wifog Holding AB (publ) since November 2019. He has been the Chief Executive Officer of Mavshack AB (publ) since April 6, 2017. Mr. Carlstedt has a long history fr ...


Leadership Team

NamePositionTenureCompensationOwnership
Jonas Litborn
Founder & Chairman of the Board2.8yrsno data2.23% SEK107.7k
Tommy Carlstedt
Chief Executive Officer2.8yrsno datano data
Anna Lassi
Chief Financial Officer0.9yrsno datano data
Yanling Duan
Head of China5.6yrsno datano data

2.8yrs

Average Tenure

Experienced Management: 2MV1's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonas Litborn
Founder & Chairman of the Board2.8yrsno data2.23% SEK107.7k
Craig Moody
Member of Advisory Board6.8yrsno datano data
Rainier David
Director5.1yrsno datano data
Freddie Matta
Director5.1yrsno datano data
Esbjörn Nordesjö
Director2.8yrsno datano data

5.1yrs

Average Tenure

47yo

Average Age

Experienced Board: 2MV1's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2MV1 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 diluted in the past year, with total shares outstanding growing by 46.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Mavshack AB (publ)
  • Ticker: 2MV1
  • Exchange: DB
  • Founded: 2007
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: kr51.012m
  • Listing Market Cap: kr4.823m
  • Shares outstanding: 318.82m
  • Website: https://www.mavshack.se

Number of Employees


Location

  • Mavshack AB (publ)
  • Karlavägen 58
  • Stockholm
  • Stockholm County
  • 114 49
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAVOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKOct 2008
2MV1DB (Deutsche Boerse AG)YesShare CapitalDEEUROct 2008

Biography

Mavshack AB (publ), together with its subsidiaries, engages in the digital entertainment business in Sweden and internationally. The company offers encryption and transcoding services to customize streaming solutions; subscription-based streaming video on demand services for Asian entertainment content, including live-sport, movies, TV-shows, and audiobooks; and personal IT-consultancy advisory services, including applications, Websites, business systems, and digital infrastructure. It is also involved in the animation and, audio- and video production; and post-production, sound production, live event, augmented reality, and content distribution businesses. The company was formerly known as 24h Technologies AB and changed its name to Mavshack AB (publ) in April 2013. Mavshack AB (publ) was founded in 2007 and is headquartered in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 23:12
End of Day Share Price2020/02/19 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.