SLYG Stock Overview

Develops, designs, and distributes IoT and smart building solutions for DIY users and professionals. More details

SLYG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	6/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 25.4% below our estimate of its fair value

Earnings are forecast to grow 34.65% per year

Earnings grew by 55.6% over the past year

Risk Analysis

High level of non-cash earnings

My Notes

Capture your thoughts, links and company narrative

Shelly Group SE Competitors

Jenoptik

XTRA:JEN

€1.2b

Stemmer Imaging

HMSE:S9I

€339.3m

Nynomic

XTRA:M7U

€118.0m

FORTEC Elektronik

XTRA:FEV

€64.0m

Price History & Performance

Summary of share price highs, lows and changes for Shelly Group
Historical stock prices
Current Share Price	€35.60
52 Week High	€39.90
52 Week Low	€30.40
Beta	0.23
1 Month Change	1.71%
3 Month Change	4.09%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.28%

Recent updates

Shareholder Returns

	SLYG	DE Electronic	DE Market
7D	2.9%	1.4%	1.9%
1Y	n/a	-24.1%	15.1%

Return vs Industry: Insufficient data to determine how SLYG performed against the German Electronic industry.

Return vs Market: Insufficient data to determine how SLYG performed against the German Market.

Price Volatility

Is SLYG's price volatile compared to industry and market?
SLYG volatility
SLYG Average Weekly Movement	3.8%
Electronic Industry Average Movement	5.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: SLYG has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: SLYG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	195	Dimitar Dimitrov	corporate.shelly.com

Shelly Group SE develops, designs, and distributes IoT and smart building solutions for DIY users and professionals. It offers advanced technology, seamless interoperability, and technological flexibility. Its products enable remote control and automation, as well as energy management of electrical appliances and smart building solutions via mobile phones, PCs, or third-party home automation systems.

Shelly Group SE Fundamentals Summary

How do Shelly Group's earnings and revenue compare to its market cap?
SLYG fundamental statistics
Market cap	€642.75m
Earnings (TTM)	€20.32m
Revenue (TTM)	€95.74m

31.6x

P/E Ratio

6.7x

P/S Ratio

Is SLYG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLYG income statement (TTM)
Revenue	лв187.26m
Cost of Revenue	лв80.81m
Gross Profit	лв106.45m
Other Expenses	лв66.71m
Earnings	лв39.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 24, 2025

Earnings per share (EPS)	2.19
Gross Margin	56.84%
Net Profit Margin	21.22%
Debt/Equity Ratio	0.6%

How did SLYG perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

12%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 12:40
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shelly Group SE is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dimitar Kiryakov	Elana Trading
Petar Peychev	Elana Trading
Tim Kruse	Montega AG