Rovsing
Market Cap
kr.28.4m
Last Updated
2021/01/21 18:11 UTC
Data Sources
Company Financials
Executive Summary
Rovsing A/S develops, manufactures, and delivers systems for functional and electrical testing of spacecrafts and their payloads in Europe and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Rovsing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ROV is more volatile than 75% of Danish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ROV's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Danish stocks.
Market Performance
7 Day Return
-2.8%
ROV
2.3%
DK Aerospace & Defense
1.5%
DK Market
1 Year Return
7.0%
ROV
-25.4%
DK Aerospace & Defense
24.8%
DK Market
Return vs Industry: ROV exceeded the Danish Aerospace & Defense industry which returned -25.4% over the past year.
Return vs Market: ROV underperformed the Danish Market which returned 24.8% over the past year.
Shareholder returns
| ROV | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 2.3% | 1.5% |
| 30 Day | 13.7% | 4.4% | 3.9% |
| 90 Day | 14.1% | 29.4% | 10.5% |
| 1 Year | 7.0%7.0% | -24.9%-25.4% | 27.2%24.8% |
| 3 Year | -58.8%-58.8% | 5.4%0.3% | 54.6%42.5% |
| 5 Year | -59.6%-59.6% | 54.1%40.3% | 69.2%47.6% |
Long-Term Price Volatility Vs. Market
How volatile is Rovsing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Would Shareholders Who Purchased Rovsing's (CPH:ROV) Stock Three Years Be Happy With The Share price Today?7 months ago | Simply Wall St
Rovsing (CPH:ROV) Is Making Moderate Use Of Debt8 months ago | Simply Wall St
Did Changing Sentiment Drive Rovsing's (CPH:ROV) Share Price Down A Painful 85%?Valuation
Is Rovsing undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ROV (DKK61.4) is trading below our estimate of fair value (DKK1765.48)
Significantly Below Fair Value: ROV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ROV is unprofitable, so we can't compare its PE Ratio to the XE Aerospace & Defense industry average.
PE vs Market: ROV is unprofitable, so we can't compare its PE Ratio to the Danish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ROV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ROV is overvalued based on its PB Ratio (2.5x) compared to the XE Aerospace & Defense industry average (2x).
Next Steps
Future Growth
How is Rovsing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
30.8%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rovsing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of ROV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Rovsing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Rovsing performed over the past 5 years?
14.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROV is currently unprofitable.
Growing Profit Margin: ROV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ROV is unprofitable, but has reduced losses over the past 5 years at a rate of 14.1% per year.
Accelerating Growth: Unable to compare ROV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ROV is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-19.1%).
Return on Equity
High ROE: ROV has a negative Return on Equity (-59.62%), as it is currently unprofitable.
Next Steps
Financial Health
How is Rovsing's financial position?
Financial Position Analysis
Short Term Liabilities: ROV's short term assets (DKK9.2M) do not cover its short term liabilities (DKK15.4M).
Long Term Liabilities: ROV's short term assets (DKK9.2M) exceed its long term liabilities (DKK385.0K).
Debt to Equity History and Analysis
Debt Level: ROV's debt to equity ratio (57.7%) is considered high.
Reducing Debt: ROV's debt to equity ratio has increased from 32.8% to 57.7% over the past 5 years.
Balance Sheet
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: Whilst unprofitable ROV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.4% per year.
Next Steps
Dividend
What is Rovsing current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ROV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ROV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ROV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ROV'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 ROV's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average board tenure
CEO
Hjalti Thorvardarson
2.83yrs
Tenure
Mr. Hjalti Pall Thorvardarson has been Chief Executive Officer of Rovsing A/S since March 1, 2018. Mr. Thorvardarson has been with Rovsing for eight years and knows the Rovsing's products and capabilities ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 3.25yrs | no data | no data | |
| Chairman of the Board | 3yrs | no data | 2.53% DKK 717.1k | |
| Director | 3.25yrs | no data | 0.54% DKK 153.9k | |
| Director | 2yrs | no data | no data |
3.1yrs
Average Tenure
53yo
Average Age
Experienced Board: ROV's board of directors are considered experienced (3.1 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Rovsing A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Rovsing A/S
- Ticker: ROV
- Exchange: CPSE
- Founded: 1992
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: kr.28.389m
- Shares outstanding: 457.88k
- Website: https://www.rovsing.dk
Number of Employees
Location
- Rovsing A/S
- Dyregårdsvej 2
- Skovlunde
- Capital Region of Denmark
- 2740
- Denmark
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ROV | CPSE (OMX Nordic Exchange Copenhagen) | Yes | A Shares | DK | DKK | Dec 2006 |
| 0Q51 | LSE (London Stock Exchange) | Yes | A Shares | GB | DKK | Dec 2006 |
| ROVC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | A Shares | GB | DKK | Dec 2006 |
| RVY | DB (Deutsche Boerse AG) | Yes | A Shares | DE | EUR | Dec 2006 |
Biography
Rovsing A/S develops, manufactures, and delivers systems for functional and electrical testing of spacecrafts and their payloads in Europe and internationally. It offers satellite and payload check-out sys...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 18:11 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.