Loading...

Smart Eye

DB:SE9
Snowflake Description

Flawless balance sheet with exceptional growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SE9
DB
SEK2B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Smart Eye AB (publ) provides eye tracking systems worldwide. The last earnings update was 6 days ago. More info.


Add to Portfolio Compare Print
  • Smart Eye has significant price volatility in the past 3 months.
SE9 Share Price and Events
7 Day Returns
-0.9%
DB:SE9
1.3%
DE Electronic
1%
DE Market
1 Year Returns
209.1%
DB:SE9
-2%
DE Electronic
-5.6%
DE Market
SE9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Smart Eye (SE9) -0.9% 17.9% 59.6% 209.1% - -
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
  • SE9 outperformed the Electronic industry which returned -2% over the past year.
  • SE9 outperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
SE9
Industry
5yr Volatility vs Market
Related Companies

SE9 Value

 Is Smart Eye 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 Smart Eye 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 Smart Eye.

DB:SE9 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 6.5%
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 DB:SE9
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%) (0.38%))
1.048
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.048 * 5.96%)
6.47%

Discounted Cash Flow Calculation for DB:SE9 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Smart Eye 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.

DB:SE9 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.47%)
2019 -82.00 Analyst x1 -77.01
2020 -47.00 Analyst x1 -41.46
2021 123.00 Analyst x1 101.90
2022 188.75 Est @ 53.45% 146.86
2023 259.50 Est @ 37.49% 189.64
2024 327.77 Est @ 26.31% 224.97
2025 388.36 Est @ 18.48% 250.35
2026 438.88 Est @ 13.01% 265.71
2027 479.14 Est @ 9.17% 272.45
2028 510.24 Est @ 6.49% 272.49
Present value of next 10 years cash flows SEK1,605.90
DB:SE9 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK510.24 × (1 + 0.23%) ÷ (6.47% – 0.23%)
SEK8,188.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK8,188.20 ÷ (1 + 6.47%)10
SEK4,372.91
DB:SE9 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK1,605.90 + SEK4,372.91
SEK5,978.81
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK5,978.81 / 13.15
SEK454.77
DB:SE9 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SE9 represents 0.09442x of OM:SEYE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09442x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 454.77 x 0.09442
€42.94
Value per share (EUR) From above. €42.94
Current discount Discount to share price of €10.82
= -1 x (€10.82 - €42.94) / €42.94
74.8%

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

Current Discount
Amount off the current price Smart Eye is available for.
Intrinsic value
>50%
Share price is €10.82 vs Future cash flow value of €42.94
Current Discount Checks
For Smart Eye to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Smart Eye's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Smart Eye's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Smart Eye's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Smart Eye's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SE9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK-4.23
OM:SEYE Share Price ** OM (2019-04-24) in SEK SEK114.6
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 Smart Eye.

DB:SE9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 114.6 ÷ -4.23

-27.12x

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

  • Smart Eye is loss making, we can't compare its value to the DE Electronic industry average.
  • Smart Eye is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Smart Eye's expected growth come at a high price?
Raw Data
DB:SE9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -27.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
90.6%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 .

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

  • Unable to calculate PEG ratio for Smart Eye, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Smart Eye's assets?
Raw Data
DB:SE9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK14.07
OM:SEYE Share Price * OM (2019-04-24) in SEK SEK114.6
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
DB:SE9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 114.6 ÷ 14.07

8.15x

* Primary Listing of Smart Eye.

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

  • Smart Eye is overvalued based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Smart Eye'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. Smart Eye has a total score of 2/6, 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.

SE9 Future Performance

 How is Smart Eye 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
90.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Smart Eye expected to grow at an attractive rate?
  • Smart Eye's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Smart Eye's earnings growth is expected to exceed the Germany market average.
  • Smart Eye's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SE9 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SE9 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 90.6%
DB:SE9 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 53.9%
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
DB:SE9 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.
DB:SE9 Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 610 1
2021-12-31 391 177 152 1
2020-12-31 147 -2 -24 1
2019-12-31 75 -42 -59 1
DB:SE9 Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 71 -41 -56
2018-09-30 67 -44 -56
2018-06-30 64 -44 -54
2018-03-31 64 -34 -47
2017-12-31 61 -19 -42
2017-09-30 63 -25 -26
2017-06-30 59 -14 -23
2017-03-31 58 -21 -17
2016-12-31 56 -23 -12
2016-09-30 53 -4 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Smart Eye's earnings are expected to grow significantly at over 20% yearly.
  • Smart Eye's revenue is expected to grow significantly at over 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
DB:SE9 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 Smart Eye Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SE9 Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 11.41 11.41 11.41 1.00
2020-12-31 -1.84 -1.84 -1.84 1.00
2019-12-31 -4.48 -4.48 -4.48 1.00
DB:SE9 Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31
2018-09-30 -4.23
2018-06-30 -4.93
2018-03-31 -4.25
2017-12-31 -4.23
2017-09-30 -2.63
2017-06-30 -2.29
2017-03-31 -1.76
2016-12-31 -1.52
2016-09-30 -1.58

*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.
  • Smart Eye is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Smart Eye'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.
Smart Eye has a total score of 6/6, 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.

SE9 Past Performance

  How has Smart Eye 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 Smart Eye'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.
  • Smart Eye does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Smart Eye's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Smart Eye's 1-year growth to the DE Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Smart Eye'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 Smart Eye Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SE9 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 71.11 -56.40 64.94
2018-09-30 67.20 -55.56 67.67
2018-06-30 64.42 -54.01 64.75
2018-03-31 64.47 -46.59 60.36
2017-12-31 60.61 -41.90 55.32
2017-09-30 63.09 -26.07 46.76
2017-06-30 59.26 -22.66 43.69
2017-03-31 57.86 -17.46 40.89
2016-12-31 55.55 -12.40 38.01
2016-09-30 52.64 -12.91 35.14
2015-12-31 47.79 -3.86 28.36
2014-12-31 40.03 2.25 22.36
2013-12-31 23.69 -10.32 17.72

*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.
  • It is difficult to establish if Smart Eye has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Smart Eye has efficiently used its assets last year compared to the DE Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Smart Eye improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Smart Eye'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.
Smart Eye has a total score of 0/6, 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.

SE9 Health

 How is Smart Eye'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 Smart Eye's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Smart Eye is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Smart Eye's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Smart Eye'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 21.1x 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 Smart Eye Company Filings, last reported 3 months ago.

DB:SE9 Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 169.31 5.67 89.95
2018-09-30 184.92 6.17 104.57
2018-06-30 88.06 6.67 14.98
2018-03-31 103.98 7.17 37.79
2017-12-31 73.41 7.67 10.26
2017-09-30 88.28 8.00 27.47
2017-06-30 96.60 8.00 43.24
2017-03-31 106.03 8.00 61.88
2016-12-31 115.31 8.00 62.09
2016-09-30 38.77 16.82 14.80
2015-12-31 12.93 25.58 0.59
2014-12-31 16.79 16.06 0.03
2013-12-31 14.49 11.48 2.66
  • Smart Eye's level of debt (3.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (79.2% vs 3.3% today).
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.

  • Smart Eye has sufficient cash runway for 1.3 years based on current free cash flow.
  • Smart Eye has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 46.8% each year.
X
Financial health checks
We assess Smart Eye'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. Smart Eye has a total score of 6/6, 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.

SE9 Dividends

 What is Smart Eye'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%
Current annual income from Smart Eye dividends.
If you bought €2,000 of Smart Eye shares you are expected to receive €0 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?
  • Unable to evaluate Smart Eye's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Smart Eye's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
DB:SE9 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.

DB:SE9 Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31

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

  • Unable to perform a dividend volatility check as Smart Eye has not reported any payouts.
  • Unable to verify if Smart Eye's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Smart Eye's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Smart Eye has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Smart Eye'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 Smart Eye afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Smart Eye has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SE9 Management

 What is the CEO of Smart Eye'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
Martin Krantz
COMPENSATION SEK0
AGE 47
CEO Bio

Mr. Martin Krantz is a Founder and serves as Chief Executive Officer of Smart Eye AB (publ). Mr. Krantz holds a degree in Engineering Physics from Chalmers University of Technology.

CEO Compensation
  • Insufficient data for Martin to compare compensation growth.
  • Martin's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Smart Eye management team in years:

4.3
Average Tenure
51
Average Age
  • The tenure for the Smart Eye management team is about average.
Management Team

Martin Krantz

TITLE
Founder & CEO
AGE
47

Anders Lyrheden

TITLE
Chief Financial Officer
AGE
53
TENURE
1.5 yrs

Anders Gryte

TITLE
Business Development & Operations Manager
AGE
49
TENURE
4.3 yrs

Martin Rydberg

TITLE
Chief Technology Officer
AGE
42
TENURE
19.3 yrs

Per Sörner

TITLE
Chief Risk Officer
AGE
55
TENURE
19.3 yrs

Henrik Lind

TITLE
Chief Risk Officer
AGE
57
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Smart Eye board of directors in years:

5.3
Average Tenure
62
Average Age
  • The tenure for the Smart Eye board of directors is about average.
Board of Directors

Mats Krantz

TITLE
Chairman of the Board
COMPENSATION
SEK129K
AGE
71

Lars Olofsson

TITLE
Vice Chairman of the Board
COMPENSATION
SEK129K
AGE
67
TENURE
2.3 yrs

Staffan Hansson

TITLE
Director
COMPENSATION
SEK129K
AGE
63
TENURE
11.3 yrs

Mikael Johnsson

TITLE
Director
AGE
38
TENURE
5.3 yrs

Magnus Jonsson

TITLE
Director
COMPENSATION
SEK129K
AGE
62
TENURE
5.3 yrs

Anders Jöfelt

TITLE
Director
COMPENSATION
SEK129K
AGE
43
TENURE
7.3 yrs

Per Aniansson

TITLE
Director
AGE
52
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. May 18 Buy Martin Krantz Individual 11. May 18 11. May 18 100 €3.09 €309
X
Management checks
We assess Smart Eye'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. Smart Eye 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.

SE9 News

Simply Wall St News

SE9 Company Info

Description

Smart Eye AB (publ) provides eye tracking systems worldwide. The company’s applied solutions include AntiSleep for real-time analysis of the driver’s eye and head movements; and Blackbird, a compact camera system. Its research instruments comprise Smart Eye Pro, a robust, accurate, and reliable eyetracking system, which is customized to the customer’s specifications; and Aurora, an off-the-shelf product, as an eyetracker placed on a screen that customers themselves can install. The company offers its solutions in the areas of automotive industry, aerospace and defense, medical, research, IT, and consumer. Smart Eye AB (publ) was founded in 1999 and is based in Gothenburg, Sweden.

Details
Name: Smart Eye AB (publ)
SE9
Exchange: DB
Founded: 1999
SEK143,152,429
13,146,943
Website: http://www.smarteye.se
Address: Smart Eye AB (publ)
Första Långgatan 28B,
Gothenburg,
Västra Götaland County, 413 27,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM SEYE Share Capital OMX Nordic Exchange Stockholm SE SEK 07. Dec 2016
DB SE9 Share Capital Deutsche Boerse AG DE EUR 07. Dec 2016
Number of employees
Current staff
Staff numbers
65
Smart Eye employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 23:08
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/02/11
Last earnings filing: 2019/04/18
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.