DB:FPQ1

Stock Analysis Report

Fingerprint Cards

Executive Summary

Fingerprint Cards AB (publ) develops, produces, and markets biometric systems and technologies that facilitate the convenience and integrity of the individual.

Risk Analysis

Highly volatile share price over past 3 months



Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FPQ1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.9%

FPQ1

1.9%

DE Electronic

0.06%

DE Market


1 Year Return

18.8%

FPQ1

8.5%

DE Electronic

14.8%

DE Market

Return vs Industry: FPQ1 exceeded the German Electronic industry which returned 9.5% over the past year.

Return vs Market: FPQ1 exceeded the German Market which returned 17.1% over the past year.


Shareholder returns

FPQ1IndustryMarket
7 Day-12.9%1.9%0.06%
30 Day13.4%0.2%1.8%
90 Day2.2%7.5%7.1%
1 Year18.8%18.8%11.0%8.5%18.4%14.8%
3 Year-70.9%-72.5%54.2%49.4%17.4%7.0%
5 Year193.0%176.4%119.5%103.2%27.9%10.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FPQ1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FPQ1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FPQ1 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: FPQ1 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 FPQ1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FPQ1 is overvalued based on its PB Ratio (3.2x) compared to the DE Electronic industry average (1.8x).


Next Steps

Future Growth

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

34.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FPQ1 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FPQ1 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FPQ1 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FPQ1's revenue is expected to decline over the next 3 years (-3.4% per year).

High Growth Revenue: FPQ1's revenue is forecast to decline over the next 3 years (-3.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FPQ1 is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Fingerprint Cards performed over the past 5 years?

-23.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FPQ1 is currently unprofitable.

Growing Profit Margin: FPQ1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FPQ1 is unprofitable, and losses have increased over the past 5 years at a rate of -23.8% per year.

Accelerating Growth: Unable to compare FPQ1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FPQ1 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (3.1%).


Return on Equity

High ROE: FPQ1 has a negative Return on Equity (-0.67%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Fingerprint Cards's financial position?


Financial Position Analysis

Short Term Liabilities: FPQ1's short term assets (SEK1.1B) exceed its short term liabilities (SEK374.0M).

Long Term Liabilities: FPQ1's short term assets (SEK1.1B) exceed its long term liabilities (SEK58.6M).


Debt to Equity History and Analysis

Debt Level: FPQ1 is debt free.

Reducing Debt: FPQ1 currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: FPQ1 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FPQ1 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: FPQ1 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FPQ1's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.5%industryaverage1.4%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate FPQ1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FPQ1'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 FPQ1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FPQ1'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 FPQ1's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Fingerprint Cards's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Christian Fredrikson (55yo)

3.4yrs

Tenure

kr8,900,000

Compensation

Mr. Christian Fredrikson, M.Sc. (Engineering), has been Chief Executive Officer and President of Fingerprint Cards AB (publ) since August 1, 2016. Mr. Fredrikson has 20 years of experience in Telecommunica ...


CEO Compensation Analysis

Compensation vs Market: Christian's total compensation ($USD935.14K) is about average for companies of similar size in the German market ($USD812.65K).

Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.0yrs

Average Tenure

50.5yo

Average Age

Experienced Management: FPQ1's management team is considered experienced (3 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

57yo

Average Age

Experienced Board: FPQ1's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buy€8,41226 Sep 19
Tomas V. Mikaelsson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max Price€1.68
Buy€247,41326 Sep 19
Juan Vallejo
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares150,000
Max Price€1.65
Buy€15,04926 Sep 19
Per Sundqvist
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares8,500
Max Price€1.77
Buy€8,26926 Sep 19
Alexander Kotsinas
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max Price€1.65
Buy€9,37825 Sep 19
Dimitrij Titov
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,752
Max Price€1.63
Buy€821,91625 Sep 19
Johan Carlström
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares500,000
Max Price€1.64
Buy€24,60325 Sep 19
Fredrik Ramberg
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Research & Development
Shares15,000
Max Price€1.64
Buy€83,54725 Sep 19
Christian Fredrikson
EntityIndividual
Role
Chief Executive Officer
CEO & President
Shares50,000
Max Price€1.67

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Göran Malm (72yo)

    Senior Advisor & Member of Advisory Board

    • Tenure: 7.7yrs
  • Per Sundqvist (53yo)

    Chief Financial Officer

    • Tenure: 1.3yrs
  • Christian Fredrikson (55yo)

    CEO & President

    • Tenure: 3.4yrs
    • Compensation: kr8.90m
  • Thomas Rex (56yo)

    Senior Vice President of Business Line Smartcards

    • Tenure: 3yrs
  • Pontus Jägemalm (48yo)

    Chief Technology Officer

    • Tenure: 3yrs
  • Stefan Pettersson

    Head of Investor Relations

    • Ted Hansson (43yo)

      Senior Vice President of Business Line Mobile

      • Tenure: 3yrs
    • Charles Burgeat (46yo)

      Senior Vice President of Corporate Strategy & Portfolio Management

      • Tenure: 1yrs
    • Fredrik Ramberg (36yo)

      Senior Vice President of Research & Development

      • Tenure: 1yrs

    Board Members

    • Göran Malm (72yo)

      Senior Advisor & Member of Advisory Board

      • Tenure: 7.7yrs
    • Tomas V. Mikaelsson (63yo)

      Independent Director

      • Tenure: 3.7yrs
      • Compensation: kr300.00k
    • Alexander Kotsinas (52yo)

      Independent Director

      • Tenure: 2.8yrs
      • Compensation: kr500.00k
    • Juan Vallejo (62yo)

      Independent Director

      • Tenure: 1.7yrs
      • Compensation: kr200.00k
    • Urban Fagerstedt (66yo)

      Independent Director

      • Tenure: 10.6yrs
      • Compensation: kr300.00k
    • Johan Carlström (56yo)

      Chairman of the Board

      • Tenure: 1.7yrs
      • Compensation: kr400.00k
    • Dimitrij Titov (57yo)

      Independent Director

      • Tenure: 2.8yrs
      • Compensation: kr400.00k
    • Ted Elvhage (51yo)

      Independent Director

      • Tenure: 1.7yrs
      • Compensation: kr200.00k
    • Sofia Bertling (49yo)

      Independent Director

      • Tenure: 0.7yrs

    Company Information

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


    Key Information

    • Name: Fingerprint Cards AB (publ)
    • Ticker: FPQ1
    • Exchange: DB
    • Founded: 1997
    • Industry: Electronic Equipment and Instruments
    • Sector: Tech
    • Market Cap: kr5.700b
    • Listing Market Cap: kr539.924m
    • Shares outstanding: 313.97m
    • Website: https://www.fingerprints.com

    Number of Employees


    Location

    • Fingerprint Cards AB (publ)
    • PO Box 2412
    • Gothenburg
    • Västra Götaland County
    • 403 16
    • Sweden

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    FING BOM (OMX Nordic Exchange Stockholm)YesSeries B SharesSESEKJun 1998
    0RGYLSE (London Stock Exchange)YesSeries B SharesGBSEKJun 1998
    FPQ1DB (Deutsche Boerse AG)YesSeries B SharesDEEURJun 1998
    FGRR.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDJun 1998
    FINGBSBATS-CHIXE (BATS 'Chi-X Europe')YesSeries B SharesGBSEKJun 1998

    Biography

    Fingerprint Cards AB (publ) develops, produces, and markets biometric systems and technologies that facilitate the convenience and integrity of the individual. Its biometric systems include sensors, algorithms, software, and packaging technologies. The company offers biometric solutions for smartphones and tablets; smart cards; door locks; vehicles; Internet of Thing (IoT); and the automotive industry.It also offers various development tools for software development and production. The company sells its products through distributors and resellers. It serves in Sweden, Asia, South and North America, Europe, the Middle East, and Africa. Fingerprint Cards AB (publ) was founded in 1997 and is headquartered in Gothenburg, Sweden. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/17 21:19
    End of Day Share Price2020/01/17 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.