Loading...

Anoto Group

DB:XTL1
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XTL1
DB
SEK138M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Anoto Group AB (publ), together with its subsidiaries, provides digital writing and drawing solutions. The last earnings update was 51 days ago. More info.


Add to Portfolio Compare Print
  • Anoto Group has significant price volatility in the past 3 months.
XTL1 Share Price and Events
7 Day Returns
-33.7%
DB:XTL1
1.6%
DE Electronic
1.8%
DE Market
1 Year Returns
-80.6%
DB:XTL1
-0.1%
DE Electronic
-6%
DE Market
XTL1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Anoto Group (XTL1) -33.7% -46.5% -68.5% -80.6% -91.5% -95.8%
DE Electronic 1.6% 5.3% 20.4% -0.1% 98.5% 105%
DE Market 1.8% 4.2% 7.4% -6% 10.1% 15.4%
1 Year Return vs Industry and Market
  • XTL1 underperformed the Electronic industry which returned -0.1% over the past year.
  • XTL1 underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
XTL1
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Anoto Group 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 Anoto Group 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 Anoto Group.

DB:XTL1 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 DB:XTL1
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))
= 1.067 (1 + (1- 22%) (5.68%))
1.077
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.077 * 5.96%)
6.65%

Discounted Cash Flow Calculation for DB:XTL1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Anoto Group 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:XTL1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.65%)
2019 22.00 Analyst x1 20.63
2020 44.00 Analyst x1 38.69
2021 64.52 Est @ 46.64% 53.19
2022 85.63 Est @ 32.72% 66.20
2023 105.30 Est @ 22.97% 76.33
2024 122.30 Est @ 16.15% 83.13
2025 136.21 Est @ 11.37% 86.81
2026 147.14 Est @ 8.03% 87.94
2027 155.51 Est @ 5.69% 87.15
2028 161.81 Est @ 4.05% 85.03
Present value of next 10 years cash flows SEK685.10
DB:XTL1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SEK161.81 × (1 + 0.23%) ÷ (6.65% – 0.23%)
SEK2,526.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK2,526.95 ÷ (1 + 6.65%)10
SEK1,327.86
DB:XTL1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK685.10 + SEK1,327.86
SEK2,012.96
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK2,012.96 / 120.61
SEK16.69
DB:XTL1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:XTL1 represents 0.06031x of OM:ANOT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.06031x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 16.69 x 0.06031
€1.01
Value per share (EUR) From above. €1.01
Current discount Discount to share price of €0.07
= -1 x (€0.07 - €1.01) / €1.01
93.1%

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

Current Discount
Amount off the current price Anoto Group is available for.
Intrinsic value
>50%
Share price is €0.07 vs Future cash flow value of €1.01
Current Discount Checks
For Anoto Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Anoto Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Anoto Group'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 Anoto Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Anoto Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:XTL1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK-1.03
OM:ANOT Share Price ** OM (2019-04-18) in SEK SEK1.14
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.59x

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

** Primary Listing of Anoto Group.

DB:XTL1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1.14 ÷ -1.03

-1.11x

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

  • Anoto Group is loss making, we can't compare its value to the DE Electronic industry average.
  • Anoto Group is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Anoto Group's expected growth come at a high price?
Raw Data
DB:XTL1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
133.3%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.57x

*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 Anoto Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Anoto Group's assets?
Raw Data
DB:XTL1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK1.76
OM:ANOT Share Price * OM (2019-04-18) in SEK SEK1.14
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.84x
DB:XTL1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.14 ÷ 1.76

0.65x

* Primary Listing of Anoto Group.

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

  • Anoto Group is good value based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Anoto Group'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. Anoto Group has a total score of 3/6, 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 Anoto Group 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
133.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Anoto Group expected to grow at an attractive rate?
  • Anoto Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Anoto Group's earnings growth is expected to exceed the Germany market average.
  • Anoto Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:XTL1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:XTL1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 133.3%
DB:XTL1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 23.5%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
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:XTL1 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:XTL1 Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 260 1
2020-12-31 237 63 37 1
2019-12-31 196 43 19 1
DB:XTL1 Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 116 -40 -116
2018-09-30 115 -29 -11
2018-06-30 139 -25 0
2018-03-31 156 -59 -9
2017-12-31 173 -45 -53
2017-09-30 214 -98 -93
2017-06-30 202 -84 -193
2017-03-31 236 -142 -232
2016-12-31 236 -164 -256
2016-09-30 223 -157 -242
2016-06-30 238 -171 -170
2016-03-31 195 -108 -160

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Anoto Group's earnings are expected to grow significantly at over 20% yearly.
  • Anoto Group'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:XTL1 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 Anoto Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XTL1 Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.31 0.31 0.31 1.00
2020-12-31 0.28 0.28 0.28 1.00
2019-12-31 0.15 0.15 0.15 1.00
DB:XTL1 Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 -1.03
2018-09-30 -0.09
2018-06-30 0.00
2018-03-31 -0.09
2017-12-31 -0.52
2017-09-30 -1.11
2017-06-30 -2.44
2017-03-31 -3.26
2016-12-31 -4.28
2016-09-30 -4.94
2016-06-30 -4.40
2016-03-31 -5.11

*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.
  • Anoto Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Anoto Group'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.
Anoto Group has a total score of 5/6, 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 Anoto Group 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 Anoto Group'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.
  • Anoto Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Anoto Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Anoto Group's 1-year growth to the DE Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Anoto Group'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 Anoto Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XTL1 Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 115.56 -115.88 170.23
2018-09-30 115.01 -10.88 56.95 28.28
2018-06-30 138.55 -0.43 48.88 28.28
2018-03-31 155.57 -9.26 47.23 28.28
2017-12-31 173.01 -52.81 79.03 28.28
2017-09-30 214.18 -93.05 44.45 70.38
2017-06-30 202.31 -193.14 139.02 70.38
2017-03-31 236.27 -231.86 197.57 70.38
2016-12-31 235.66 -255.63 229.74 70.38
2016-09-30 222.85 -241.61 226.91 101.19
2016-06-30 238.46 -169.94 163.86 101.19
2016-03-31 194.89 -160.15 132.25 101.19
2015-12-31 192.84 -104.03 91.19 101.19
2015-09-30 184.04 -71.37 96.22 69.52
2015-06-30 155.76 -64.86 90.76 69.52
2015-03-31 147.52 -53.53 88.01 69.52
2014-12-31 141.47 -62.04 87.80 69.52
2014-09-30 128.78 -147.19 71.64 82.39
2014-06-30 135.10 -145.03 75.48 82.39
2014-03-31 138.75 -158.65 90.27 82.97
2013-12-31 144.31 -166.23 101.73 82.39
2013-09-30 151.59 -96.71 114.76 86.60
2013-06-30 165.22 -82.96 109.56 86.60
2013-03-31 184.30 -59.91 103.09 86.60
2012-12-31 198.65 -42.24 94.40 86.60
2012-09-30 215.15 -21.01 110.70 62.65
2012-06-30 204.03 -247.60 107.18 62.65

*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 Anoto Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Anoto Group 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 Anoto Group 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 Anoto Group'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.
Anoto Group 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.

Health

 How is Anoto Group'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 Anoto Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Anoto Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Anoto Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Anoto Group'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 10x 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 Anoto Group Company Filings, last reported 3 months ago.

DB:XTL1 Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 211.58 7.83 5.46
2018-09-30 293.11 9.39 4.94
2018-06-30 322.50 9.45 10.56
2018-03-31 324.31 11.14 14.61
2017-12-31 275.70 55.76 31.66
2017-09-30 280.31 26.75 20.38
2017-06-30 246.62 20.97 8.56
2017-03-31 183.90 57.22 5.92
2016-12-31 211.57 57.02 5.55
2016-09-30 241.13 38.48 7.69
2016-06-30 354.32 17.49 41.52
2016-03-31 216.12 27.30 9.27
2015-12-31 268.20 8.15 11.63
2015-09-30 124.97 18.57 6.90
2015-06-30 82.90 18.59 6.58
2015-03-31 96.34 18.81 33.35
2014-12-31 62.04 35.88 3.91
2014-09-30 19.66 37.89 1.88
2014-06-30 48.87 29.94 13.24
2014-03-31 68.58 16.91 7.46
2013-12-31 65.89 17.32 7.01
2013-09-30 101.49 30.12 3.65
2013-06-30 122.74 17.13 2.72
2013-03-31 137.16 16.95 13.35
2012-12-31 115.80 18.24 5.46
2012-09-30 137.61 18.69 10.58
2012-06-30 147.64 19.43 13.29
  • Anoto Group's level of debt (3.7%) 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 (26.3% vs 3.7% 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.

  • Anoto Group has less than a year of cash runway based on current free cash flow.
  • Anoto Group has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.1% each year.
X
Financial health checks
We assess Anoto Group'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. Anoto Group 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 Anoto Group'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 Anoto Group dividends.
If you bought €2,000 of Anoto Group 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 Anoto Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Anoto Group'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:XTL1 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 326 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:XTL1 Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
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 Anoto Group has not reported any payouts.
  • Unable to verify if Anoto Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Anoto Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Anoto Group 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 Anoto Group'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 Anoto Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Anoto Group 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.

Management

 What is the CEO of Anoto Group'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
Joonhee Won
AGE 53
TENURE AS CEO 3 years
CEO Bio

Mr. Joonhee Won has been the Chief Executive Officer and Chief Marketing Officer at Anoto Group AB (publ) since April 01, 2016 and May 2017 respectively and as its Head of Sales since May 03, 2016. Mr. Won is Director of Anoto Group AB (publ) since 2019. Mr. Won served as an Interim Chief Executive Officer of Anoto Group AB (publ) since March 24, 2016. Mr. Won founded TStone Corp in 2001 and serves as its Chief Executive Officer. Previously, Mr. Won served as a Managing Director and Head of Investment Banking at Salomon Smith Barney Korea, where he completed over 20 merger and acquisition and capital market transactions. Previously, he worked as an investment banker at Credit Suisse First Boston in Hong Kong, Lehman Brothers in New York and Jardine Fleming in South Korea. He was a Director of Anoto Group AB (publ) since May 22, 2014 until 2018. Mr. Won served as a Director of Anoto Group AB from May 5, 2010 to May 12, 2011. Mr. Won holds an M.B.A. from Harvard Business School and a B.A. with distinction and a college scholarship in Government and Economics from Cornell University.

CEO Compensation
  • Joonhee's compensation has increased whilst company is loss making.
  • Joonhee's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Anoto Group management team in years:

0.6
Average Tenure
  • The average tenure for the Anoto Group management team is less than 2 years, this suggests a new team.
Management Team

Joonhee Won

TITLE
CEO, Head of Sales
AGE
53
TENURE
3 yrs

Rui Sousa

TITLE
Chief Financial Officer
TENURE
0.4 yrs

Steve Kim

TITLE
Chief Technology Officer
TENURE
0.6 yrs

Edward Belgeonne

TITLE
Chief Executive Officer of Destiny Wireless Ltd
AGE
56

Seunghoon Song

TITLE
Financial Controller

Peter Mah

TITLE
Head of Sales Asia
TENURE
0.6 yrs
Board of Directors

Jörgen Durban

TITLE
Chairman
COMPENSATION
SEK900K
AGE
62

Joonhee Won

TITLE
CEO, Head of Sales
AGE
53
TENURE
0.3 yrs

Young Soo Ha

TITLE
Independent Director
COMPENSATION
SEK150K
AGE
56
TENURE
1.8 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 (€)
19. Dec 18 Buy Jörgen Durban Individual 19. Dec 18 19. Dec 18 50,000 €0.23 €11,577
X
Management checks
We assess Anoto Group'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. Anoto Group 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

Anoto Group AB (publ), together with its subsidiaries, provides digital writing and drawing solutions. It offers pen solutions for creating a form in digital format, digital processing of handwritten forms, and automatic generation of a digital version of a document with handwritten signatures and notes. The company markets its smartpens under the Livescribe brand. It also develops and sells digital note-taking, creative, collaborative, classroom learning, and document processing and management solutions. The company markets its products, applications, and services to businesses, consumers, and education markets, through partners, such as system integrators, software developers, and IT consulting firms. It operates primarily in Sweden and rest of European Union countries, the United States, Japan, rest of Asian countries, and internationally. Anoto Group AB (publ) is headquartered in Stockholm, Sweden.

Details
Name: Anoto Group AB (publ)
XTL1
Exchange: DB
Founded:
SEK13,197,945
120,612,257
Website: http://www.anoto.com
Address: Anoto Group AB (publ)
Flaggan 1165,
Stockholm,
Stockholm County, 116 74,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM ANOT Ordinary Shares OMX Nordic Exchange Stockholm SE SEK 15. Mar 2000
OTCPK AOTO.F Ordinary Shares Pink Sheets LLC US USD 15. Mar 2000
DB XTL1 Ordinary Shares Deutsche Boerse AG DE EUR 15. Mar 2000
LSE 0RUQ Ordinary Shares London Stock Exchange GB SEK 15. Mar 2000
BATS-CHIXE ANOTS Ordinary Shares BATS 'Chi-X Europe' GB SEK 15. Mar 2000
Number of employees
Current staff
Staff numbers
33
Anoto Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 20:40
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/02/28
Last earnings filing: 2019/02/28
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.