BST:0HM

Stock Analysis Report

Executive Summary

HansaMatrix, SA develops and manufactures electronic systems in Baltic, Nordic, and other European Union countries.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 0HM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

0HM

-2.4%

DE Electronic

-0.2%

DE Market


1 Year Return

12.7%

0HM

8.1%

DE Electronic

13.7%

DE Market

Return vs Industry: 0HM exceeded the German Electronic industry which returned 8.1% over the past year.

Return vs Market: 0HM matched the German Market which returned 13.7% over the past year.


Shareholder returns

0HMIndustryMarket
7 Day0%-2.4%-0.2%
30 Day9.9%9.1%0.3%
90 Day12.7%6.8%3.7%
1 Year13.4%12.7%10.5%8.1%17.2%13.7%
3 Year-2.0%-4.1%48.0%43.1%15.4%5.3%
5 Yearn/a113.5%98.2%21.3%4.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 0HM (€6.65) is trading above our estimate of fair value (€0.32)

Significantly Below Fair Value: 0HM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 0HM is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: 0HM 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 0HM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0HM is good value based on its PB Ratio (1.5x) compared to the DE Electronic industry average (1.9x).


Next Steps

Future Growth

How is HansaMatrix forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

15.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 0HM's forecast earnings growth is above the savings rate (-0.4%).

Earnings vs Market: Insufficient data to determine if 0HM's earnings are forecast to grow faster than the German market

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

Revenue vs Market: 0HM's revenue (15.5% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: 0HM's revenue (15.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 0HM's Return on Equity is forecast to be low in 3 years time (13.2%).


Next Steps

Past Performance

How has HansaMatrix performed over the past 5 years?

21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0HM is currently unprofitable.

Growing Profit Margin: 0HM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 0HM is unprofitable, but has reduced losses over the past 5 years at a rate of 21.3% per year.

Accelerating Growth: Unable to compare 0HM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0HM is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).


Return on Equity

High ROE: 0HM has a negative Return on Equity (-1.8%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is HansaMatrix's financial position?


Financial Position Analysis

Short Term Liabilities: 0HM's short term assets (€7.9M) do not cover its short term liabilities (€8.1M).

Long Term Liabilities: 0HM's short term assets (€7.9M) do not cover its long term liabilities (€11.9M).


Debt to Equity History and Analysis

Debt Level: 0HM's debt to equity ratio (103.1%) is considered high.

Reducing Debt: 0HM's debt to equity ratio has reduced from 229.9% to 103.1% over the past 5 years.


Balance Sheet

Inventory Level: 0HM has a high level of physical assets or inventory.

Debt Coverage by Assets: 0HM's debt is not covered by short term assets (assets are 0.9x 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: 0HM has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 0HM has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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

0.56%

Current Dividend Yield


Dividend Yield vs Market

company0.6%marketbottom25%1.3%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 0HM's dividend (0.56%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: 0HM's dividend (0.56%) is low compared to the top 25% of dividend payers in the German market (3.65%).


Stability and Growth of Payments

Stable Dividend: 0HM is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: 0HM is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 0HM is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 0HM'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?

4.1yrs

Average management tenure


CEO

Ilmars Osmanis 0

4.2yrs

Tenure

0

Mr. Ilmars Osmanis serves as the Founder, Chairman of Management Board and Chief Executive Officer of HansaMatrix, SA. Mr. Osmanis serves as the Chief Operating Officer and Director at EuroLCDs SIA. He ser ...


Leadership Team

NamePositionTenureCompensationOwnership
Ilmars Osmanis
Founder4.2yrsno datano data
Maris Macijevskis
CFO & Member of the Management Board2yrsno data0.016% 2.2k
Vineta Grecka
Chief Accountant & Manager of Finance Department0yrsno datano data
Livs Kalnins
New Product & Technologies Manager4.1yrsno datano data

4.1yrs

Average Tenure

Experienced Management: 0HM's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dagnis Dreimanis
Member of the Supervisory Board2yrsno datano data
Gundars Strautmanis
Independent Member of the Supervisory Board2.8yrsno datano data
Andris Berzinš
Independent Chairman of the Supervisory Board2yrsno datano data
Ingrida Bluma
Independent Member of Supervisory Board3.7yrsno datano data
Krišs Osmanis
Deputy Chairman of the Supervisory Board4.3yrsno datano data

2.8yrs

Average Tenure

Experienced Board: 0HM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.3%.


Top Shareholders

Company Information

HansaMatrix, SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HansaMatrix, SA
  • Ticker: 0HM
  • Exchange: BST
  • Founded: 1999
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: €13.172m
  • Shares outstanding: 1.83m
  • Website: https://www.hansamatrix.com

Number of Employees


Location

  • HansaMatrix, SA
  • Akmenu iela 72
  • Ogre
  • 5001
  • Latvia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0HMBST (Boerse-Stuttgart)YesShare CapitalDEEURJul 2016
HMX1RRISE (OMX Nordic Exchange Riga)YesShare CapitalLVEURJul 2016
0RJ3LSE (London Stock Exchange)YesShare CapitalGBEURJul 2016

Biography

HansaMatrix, SA develops and manufactures electronic systems in Baltic, Nordic, and other European Union countries. It operates through four segments: Data Network Infrastructure Products, The Internet of Things, Industrial Products, and Other. The company offers electronics optics and imaging products; and Internet of Things products, including RF connectivity solutions, embedded hardware solutions, embedded software/firmware, and battery powered systems, as well as deploys Android/Linux/Win10 operating systems. It also provides smart city solutions; liquid crystal and optical devices; scientific and medical equipment; robotics and automation solutions; product engineering services; assembled electronic PCB and system testing; quality management systems; and rapid prototype, optical and display systems, and other manufacturing services. In addition, the company engages in the creation and licensing of intellectual property. It serves transportation, telecom, renewable energy, medical, and defense industries. The company was formerly known as Hanzas Elektronika, SIA and changed its name to HansaMatrix, SA in January 2016. HansaMatrix, SA was incorporated in 1999 and is based in Ogre, Latvia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 22:49
End of Day Share Price2020/02/20 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.