Acconeer AB (publ) develops radar sensors.
Excellent balance sheet with limited growth.
Share Price & News
How has Acconeer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2LU has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2LU underperformed the German Electronic industry which returned 2.1% over the past year.
Return vs Market: 2LU underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is Acconeer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Acconeer undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2LU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2LU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2LU is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: 2LU 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 2LU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2LU is overvalued based on its PB Ratio (3.1x) compared to the DE Electronic industry average (1.8x).
How is Acconeer forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2LU is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: 2LU is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: 2LU is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: 2LU's revenue (75.5% per year) is forecast to grow faster than the German market (5.1% per year).
High Growth Revenue: 2LU's revenue (75.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 2LU's Return on Equity is forecast to be high in 3 years time
How has Acconeer performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2LU is currently unprofitable.
Growing Profit Margin: 2LU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2LU is unprofitable, and losses have increased over the past 5 years at a rate of -41.5% per year.
Accelerating Growth: Unable to compare 2LU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2LU is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).
Return on Equity
High ROE: 2LU has a negative Return on Equity (-57.03%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Acconeer's financial position?
Financial Position Analysis
Short Term Liabilities: 2LU's short term assets (SEK89.2M) exceed its short term liabilities (SEK10.0M).
Long Term Liabilities: 2LU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2LU is debt free.
Reducing Debt: 2LU had no debt 5 years ago.
Inventory Level: 2LU has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 2LU'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: 2LU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2LU has less than a year of cash runway if free cash flow continues to reduce at historical rates of -32.2% each year
What is Acconeer's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 2LU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 2LU'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 2LU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2LU'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 2LU's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lars Lindell (56yo)
Mr. Lars Lindell serves as the Chief Executive Officer at Acconeer AB. He was the Vice President and General Manager of the interWAVE CDMA product division at interWAVE(R) Communications International. He ...
|Co-Founder||9.1yrs||no data||2.89% SEK1.0m|
|Chairman of the Board||0.8yrs||no data||no data|
|Independent Director||6.1yrs||no data||0.60% SEK211.7k|
|Independent Director||5.1yrs||no data||0.15% SEK51.4k|
|Director||0.8yrs||no data||no data|
Experienced Board: 2LU's board of directors are considered experienced (5.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Acconeer AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Acconeer AB (publ)
- Ticker: 2LU
- Exchange: DB
- Founded: 2011
- Industry: Electronic Components
- Sector: Tech
- Market Cap: kr373.227m
- Listing Market Cap: kr35.328m
- Shares outstanding: 19.24m
- Website: https://www.acconeer.com
Number of Employees
- Acconeer AB (publ)
- Scheelevägen 27
- Skåne County
- 223 63
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2LU||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Dec 2017|
|ACCON||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Dec 2017|
Acconeer AB (publ) develops radar sensors. It offers A1 radar sensor, a high-precision pulsed short-range radar sensor that is delivered as a one chip system in package solution with embedded radio and antenna for detecting various objects at close range with single measurements, as well as continuous sweeps set to any frequency up to 1500 Hz. The company also provides XM122 IoT module, a low power connected radar module with optimized circular form factor; X112, a development kit, which includes a connector board and a radar sensor board for the development of applications; and A1 software development kit that includes radar sensor services, detectors, and application programming interface. Its products are used in robot and drones, mobile and wearables, Internet of Things, power tools and industrial, healthcare and fitness, and automotive applications. The company was founded in 2011 and is based in Lund, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 23:15|
|End of Day Share Price||2020/02/24 00:00|
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.