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HMS Networks

BST:4H3A
Snowflake Description

Reasonable growth potential with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
4H3A
BST
SEK9B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

HMS Networks AB (publ) provides industrial communication and industrial Internet of Things solutions under the Anybus, IXXAT, eWON, and Intesis brands worldwide. The last earnings update was 29 days ago. More info.


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  • HMS Networks has significant price volatility in the past 3 months.
4H3A Share Price and Events
7 Day Returns
0.7%
BST:4H3A
1.3%
DE Electronic
1%
DE Market
1 Year Returns
28.3%
BST:4H3A
-2%
DE Electronic
-5.6%
DE Market
4H3A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HMS Networks (4H3A) 0.7% 12.2% 48.6% 28.3% - -
DE Electronic 1.3% 8.7% 21% -2% 99.1% 103.6%
DE Market 1% 6.1% 8.4% -5.6% 10.9% 13.8%
1 Year Return vs Industry and Market
  • 4H3A outperformed the Electronic industry which returned -2% over the past year.
  • 4H3A outperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
4H3A
Industry
5yr Volatility vs Market
Related Companies

Value

 Is HMS Networks 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 HMS Networks 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 HMS Networks.

BST:4H3A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 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 BST:4H3A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.068 (1 + (1- 22%) (4.61%))
1.072
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.072 * 5.96%)
6.61%

Discounted Cash Flow Calculation for BST:4H3A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for HMS Networks 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.

BST:4H3A DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.61%)
2019 219.00 Analyst x1 205.41
2020 234.00 Analyst x1 205.87
2021 308.00 Analyst x1 254.16
2022 352.10 Est @ 14.32% 272.53
2023 387.64 Est @ 10.09% 281.42
2024 415.29 Est @ 7.13% 282.79
2025 436.31 Est @ 5.06% 278.67
2026 452.07 Est @ 3.61% 270.82
2027 463.80 Est @ 2.6% 260.61
2028 472.55 Est @ 1.89% 249.05
Present value of next 10 years cash flows SEK2,561.32
BST:4H3A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK472.55 × (1 + 0.23%) ÷ (6.61% – 0.23%)
SEK7,416.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK7,416.33 ÷ (1 + 6.61%)10
SEK3,908.72
BST:4H3A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK2,561.32 + SEK3,908.72
SEK6,470.04
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK6,470.04 / 46.62
SEK138.79
BST:4H3A Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:4H3A represents 0.09219x of OM:HMS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09219x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 138.79 x 0.09219
€12.80
Value per share (EUR) From above. €12.80
Current discount Discount to share price of €17.24
= -1 x (€17.24 - €12.80) / €12.80
-34.7%

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

  • The current share price of HMS Networks is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 HMS Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HMS Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:4H3A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK3.68
OM:HMS Share Price ** OM (2019-04-24) in SEK SEK187
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.43x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.72x

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

** Primary Listing of HMS Networks.

BST:4H3A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 187 ÷ 3.68

50.82x

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

  • HMS Networks is overvalued based on earnings compared to the DE Electronic industry average.
  • HMS Networks is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does HMS Networks's expected growth come at a high price?
Raw Data
BST:4H3A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 50.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
21.8%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.13x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

BST:4H3A PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 50.82x ÷ 21.8%

2.33x

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

  • HMS Networks is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on HMS Networks's assets?
Raw Data
BST:4H3A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK18.42
OM:HMS Share Price * OM (2019-04-24) in SEK SEK187
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
BST:4H3A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 187 ÷ 18.42

10.15x

* Primary Listing of HMS Networks.

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

  • HMS Networks is overvalued based on assets compared to the DE Electronic industry average.
X
Value checks
We assess HMS Networks'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. HMS Networks has a total score of 0/6, 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 HMS Networks expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
21.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is HMS Networks expected to grow at an attractive rate?
  • HMS Networks's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • HMS Networks's earnings growth is expected to exceed the Germany market average.
  • HMS Networks's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:4H3A Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:4H3A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 21.8%
BST:4H3A Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 14.7%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 13%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
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
BST:4H3A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:4H3A Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,138 368 333 1
2020-12-31 1,861 293 268 1
2019-12-31 1,612 276 215 1
BST:4H3A Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 1,366 193 171
2018-09-30 1,304 180 149
2018-06-30 1,255 169 142
2018-03-31 1,224 174 140
2017-12-31 1,183 207 143
2017-09-30 1,147 207 149
2017-06-30 1,096 214 142
2017-03-31 1,030 203 128
2016-12-31 952 155 100
2016-09-30 862 137 78
2016-06-30 788 104 61
2016-03-31 732 87 51

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • HMS Networks's earnings are expected to grow significantly at over 20% yearly.
  • HMS Networks's revenue is expected to grow by 14.7% 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
BST:4H3A 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 1 Analyst Estimates (S&P Global) See Below

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

BST:4H3A Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 7.11 7.11 7.11 1.00
2020-12-31 5.71 5.71 5.71 1.00
2019-12-31 4.58 4.58 4.58 1.00
BST:4H3A Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 3.68
2018-09-30 3.20
2018-06-30 3.04
2018-03-31 3.00
2017-12-31 3.06
2017-09-30 3.17
2017-06-30 3.03
2017-03-31 2.75
2016-12-31 2.16
2016-09-30 1.71
2016-06-30 1.35
2016-03-31 1.12

*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.
  • Unable to establish if HMS Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess HMS Networks'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.
HMS Networks 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 HMS Networks 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 HMS Networks's growth in the last year to its industry (Electronic).
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.
  • HMS Networks has delivered over 20% year on year earnings growth in the past 5 years.
  • HMS Networks's 1-year earnings growth is less than its 5-year average (20% vs 23.7%)
  • HMS Networks's earnings growth has exceeded the DE Electronic industry average in the past year (20% vs 18.1%).
Earnings and Revenue History
HMS Networks'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 HMS Networks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:4H3A 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 1,365.80 171.24 421.91 162.23
2018-09-30 1,304.29 148.75 417.09 153.27
2018-06-30 1,255.29 141.75 403.09 148.27
2018-03-31 1,224.29 139.75 388.09 146.27
2017-12-31 1,183.29 142.75 371.09 140.27
2017-09-30 1,147.23 148.53 344.36 136.32
2017-06-30 1,096.08 142.21 330.48 129.84
2017-03-31 1,030.21 127.94 316.36 121.89
2016-12-31 952.28 100.47 305.02 119.08
2016-09-30 862.13 78.41 282.86 112.61
2016-06-30 788.11 61.49 262.94 109.24
2016-03-31 732.50 50.67 241.91 108.83
2015-12-31 701.68 60.21 226.29 103.12
2015-09-30 682.92 65.90 217.97 101.02
2015-06-30 655.40 71.91 209.18 92.66
2015-03-31 620.34 70.82 202.80 85.11
2014-12-31 589.21 63.10 192.52 85.05
2014-09-30 558.65 63.48 185.99 78.08
2014-06-30 546.30 61.17 183.48 74.33
2014-03-31 533.06 67.77 176.76 65.72
2013-12-31 501.15 62.75 176.79 52.02
2013-09-30 462.65 62.90 165.94 40.51
2013-06-30 421.83 56.29 155.99 31.86
2013-03-31 392.53 51.06 146.70 27.28
2012-12-31 381.80 52.17 138.96 26.48
2012-09-30 389.39 50.39 135.32 30.83
2012-06-30 390.96 52.17 132.51 35.35

*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.
  • HMS Networks has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • HMS Networks used its assets more efficiently than the DE Electronic industry average last year based on Return on Assets.
  • HMS Networks has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess HMS Networks'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 Electronic 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.
HMS Networks has a total score of 4/6, 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 HMS Networks'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 HMS Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • HMS Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • HMS Networks's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of HMS Networks'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 covered by short term assets, assets are 1x 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 HMS Networks Company Filings, last reported 3 months ago.

BST:4H3A Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 856.91 401.43 58.95
2018-09-30 816.00 437.00 55.00
2018-06-30 778.00 461.00 96.00
2018-03-31 796.00 406.00 71.00
2017-12-31 721.30 394.53 90.98
2017-09-30 706.74 401.60 82.26
2017-06-30 672.48 489.10 110.16
2017-03-31 665.76 502.10 120.94
2016-12-31 636.44 519.70 99.04
2016-09-30 610.15 539.96 89.55
2016-06-30 562.13 573.40 75.55
2016-03-31 558.68 408.24 47.65
2015-12-31 455.48 196.90 19.50
2015-09-30 454.86 212.74 19.14
2015-06-30 431.11 237.48 16.59
2015-03-31 442.36 229.78 12.50
2014-12-31 422.60 245.39 17.63
2014-09-30 408.68 256.46 23.92
2014-06-30 383.32 278.44 22.68
2014-03-31 392.39 215.19 8.41
2013-12-31 377.56 259.85 15.82
2013-09-30 364.69 226.52 16.95
2013-06-30 344.36 238.14 10.50
2013-03-31 352.98 234.18 32.42
2012-12-31 342.06 0.79 31.49
2012-09-30 333.26 0.86 25.37
2012-06-30 316.48 17.55 25.61
  • HMS Networks's level of debt (46.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (68.7% vs 46.8% today).
  • Debt is well covered by operating cash flow (48%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 43.3x coverage).
X
Financial health checks
We assess HMS Networks'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. HMS Networks has a total score of 4/6, 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 HMS Networks'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
0.96%
Current annual income from HMS Networks dividends. Estimated to be 1.27% next year.
If you bought €2,000 of HMS Networks shares you are expected to receive €19 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?
  • HMS Networks's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • HMS Networks's dividend is below the markets top 25% of dividend payers in Germany (3.7%).
Upcoming dividend payment

Purchase HMS Networks before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
BST:4H3A 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 1 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
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.

BST:4H3A Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.70 1.00
2020-12-31 2.30 1.00
2019-12-31 2.10 1.00
BST:4H3A Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-03-26 1.800 1.028
2019-02-12 1.800 1.163
2018-04-25 1.500 1.057
2017-04-26 1.000 0.834
2016-03-29 0.625 0.922
2016-02-05 0.625 1.089
2015-03-24 0.625 1.136
2015-02-04 0.625 1.320
2014-04-25 0.563 1.498
2013-04-19 0.563 1.809
2012-03-21 0.563 2.090
2012-02-10 0.563 2.169
2011-04-14 0.500 2.059
2010-04-19 0.250 1.103

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

  • Whilst dividend payments have been stable, HMS Networks has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but HMS Networks only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of HMS Networks's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess HMS Networks'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 HMS Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. HMS Networks has a total score of 2/6, 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 HMS Networks'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
Staffan Dahlström
COMPENSATION SEK4,519,000
AGE 51
TENURE AS CEO 10 years
CEO Bio

Mr. Staffan Dahlström Co-Founded HMS Networks AB(publ) in 1989 and has been its the Chief Executive Officer since April 2, 2009 and serves as its President. Mr. Dahlström is Director of Clavister Holding AB (publ.). Mr. Dahlström serves as Chief Executive Officer of HMS Industrial Networks AB (formerly HMS Fieldbus Systems AB) and served as its Sales & Marketing Director since August 1989. He has wide-ranging experience from all aspects of HMS' business activities, he has strong leadership skills and is a part of the HMS corporate culture. He has been Sales & Marketing Director of HMS Fieldbus Systems AB since August 1989. He served as Global Director of Sales & Marketing at HMS Networks AB from August 1989 to April 2, 2009. He has been with HMS since 1989 with development and manufacturing and has been responsible for Sales & Marketing since 1998. Mr. Dahlström has been a Director of HMS Industrial Networks AB since August 1989 and Clavister AB since 2018. He served as a Director of HMS Networks AB from August 1989. to April 2, 2009. Mr. Dahlström holds an Engineering Degree in Computer Systems Engineering and Mechatronics from the University of Halmstad and an Executive MBA from Lund School of Economics and Management.

CEO Compensation
  • Staffan's compensation has been consistent with company performance over the past year.
  • Staffan's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the HMS Networks management team in years:

2
Average Tenure
48
Average Age
  • The tenure for the HMS Networks management team is about average.
Management Team

Staffan Dahlström

TITLE
Co-Founder
COMPENSATION
SEK5M
AGE
51
TENURE
10 yrs

Joakim Nideborn

TITLE
Chief Financial Officer
AGE
35
TENURE
1.3 yrs

Jörgen Palmhager

TITLE
Chief Technology Officer
AGE
50
TENURE
12.3 yrs

Anders Hansson

TITLE
Chief Marketing Officer
AGE
50
TENURE
1.7 yrs

Sabina Lindén

TITLE
HR Manager
AGE
39
TENURE
1.7 yrs

Hans Larsson

TITLE
Chief Commercial Officer
AGE
48
TENURE
2 yrs

Linda Johansson

TITLE
Group Controller
AGE
44
TENURE
10.6 yrs
Board of Directors Tenure

Average tenure and age of the HMS Networks board of directors in years:

3.3
Average Tenure
55
Average Age
  • The tenure for the HMS Networks board of directors is about average.
Board of Directors

Charlotte Jansdotter Karlberg

TITLE
Chairman of the Board
COMPENSATION
SEK450K
AGE
55
TENURE
4 yrs

Anders Mörck

TITLE
Director
COMPENSATION
SEK200K
AGE
55
TENURE
3 yrs

Ray Mauritsson

TITLE
Director
COMPENSATION
SEK200K
AGE
56
TENURE
11.9 yrs

Fredrik Hansson

TITLE
Director
COMPENSATION
SEK200K
AGE
47
TENURE
4 yrs

Tobias Persson

TITLE
Director
AGE
40
TENURE
3.3 yrs

Cecilia Wachtmeister

TITLE
Director
AGE
52
TENURE
1 yrs

Ulf Södergren

TITLE
Director
AGE
65
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by HMS Networks insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Mar 19 Buy Staffan Dahlström Individual 08. Mar 19 08. Mar 19 161 €14.73 €2,372
11. Mar 19 Buy Hans Larsson Individual 08. Mar 19 08. Mar 19 91 €14.73 €1,334
11. Mar 19 Buy Tobias Persson Individual 08. Mar 19 08. Mar 19 17 €14.73 €252
13. Nov 18 Buy Hans Larsson Individual 09. Nov 18 09. Nov 18 93 €13.83 €1,285
13. Nov 18 Buy Anders Hansson Individual 09. Nov 18 09. Nov 18 63 €13.83 €877
12. Nov 18 Buy Joakim Nideborn Individual 09. Nov 18 09. Nov 18 110 €13.83 €1,519
12. Nov 18 Buy Tobias Persson Individual 09. Nov 18 09. Nov 18 18 €13.83 €242
12. Nov 18 Buy Staffan Dahlström Individual 09. Nov 18 09. Nov 18 169 €13.83 €2,337
20. Sep 18 Sell Tobias Persson Individual 18. Sep 18 18. Sep 18 -1,000 €14.79 €-14,788
19. Sep 18 Buy Joakim Nideborn Individual 14. Sep 18 14. Sep 18 104 €14.28 €1,482
18. Sep 18 Buy Hans Larsson Individual 14. Sep 18 14. Sep 18 88 €14.28 €1,254
18. Sep 18 Buy Anders Hansson Individual 14. Sep 18 14. Sep 18 60 €14.28 €855
18. Sep 18 Buy Tobias Persson Individual 14. Sep 18 14. Sep 18 17 €14.28 €236
18. Sep 18 Buy Staffan Dahlström Individual 14. Sep 18 14. Sep 18 160 €14.29 €2,286
25. Jul 18 Buy Hans Larsson Individual 23. Jul 18 23. Jul 18 135 €14.06 €1,901
24. Jul 18 Buy Joakim Nideborn Individual 23. Jul 18 23. Jul 18 161 €14.06 €2,259
24. Jul 18 Buy Anders Hansson Individual 23. Jul 18 23. Jul 18 93 €14.06 €1,303
24. May 18 Buy Anders Hansson Individual 11. May 18 11. May 18 37 €14.59 €540
23. May 18 Buy Staffan Dahlström Individual 11. May 18 11. May 18 123 €14.59 €1,794
X
Management checks
We assess HMS Networks'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. HMS Networks 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

HMS Networks AB (publ) provides industrial communication and industrial Internet of Things solutions under the Anybus, IXXAT, eWON, and Intesis brands worldwide. The company offers Anybus Embedded, an embedded network card that supports Ethernet networks and fieldbus technologies under the Anybus CompactCom name; Anybus Gateways, an independent translator that enables automation devices and systems to communicate with industrial networks under the Anybus X-gateways and Anybus Communicator names; and Anybus Wireless that enables to connect networks, machines, and devices over Bluetooth or Wireless LAN. It also provides IXXAT communication solutions for embedded control, energy, and automotive testing, including Controller Area Network (CAN), a communication standard used in automobiles, medical automation, machinery, ships, and others; IXXAT Automotive solutions enable communication between communication devices in the tested vehicle and various computer-based test systems for visualization and configuration tests, as well as simulating various other parts of the vehicle without needing to have an actual vehicle on location; and IXXAT Energy solutions enable smart grids via communication between power systems, control rooms, and automation equipment. Further, the company provides remote access and industrial equipment management solutions under the Ewon Cosy, Ewon Flexy, Ewon Netbiter, and Ewon eFive names. Additionally, it offers building communication solutions, such as IntesisBox, a communication gateway for building automation; IntesisHome, an IoT solution for connecting air conditioning equipment to the Internet; and HouseinHand, an iOS and Android app that allows users to control their entire home via a smartphone. The company serves automation manufacturers, machine builders, system integrators, and others. HMS Networks AB (publ) was founded in 1988 and is headquartered in Halmstad, Sweden.

Details
Name: HMS Networks AB (publ)
4H3A
Exchange: BST
Founded: 1988
SEK828,256,240
46,615,869
Website: http://www.hms-networks.com
Address: HMS Networks AB (publ)
Stationsgatan 37,
Halmstad,
Halland County, 302 50,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM HMS Common Shares OMX Nordic Exchange Stockholm SE SEK 19. Oct 2007
DB 4H3A Common Shares Deutsche Boerse AG DE EUR 19. Oct 2007
BST 4H3A Common Shares Boerse-Stuttgart DE EUR 19. Oct 2007
LSE 0RPZ Common Shares London Stock Exchange GB SEK 19. Oct 2007
Number of employees
Current staff
Staff numbers
580
HMS Networks employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 22:41
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/14
Last earnings filing: 2019/03/26
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.