Mapspeople (CPSE:MAPS) - Share price, News & Analysis

MAPS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

MAPS Stock Overview

Mapspeople A/S operates as a subscription-based Software-as-a-Service company that focuses on mapping and navigation.

Rewards

Revenue grew by 14.7% over the past year

Risk Analysis

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months

Does not have meaningful revenue (DKK31M)

Does not have a meaningful market cap (DKK267M)

Mapspeople Competitors

Penneo

CPSE:PENNEO

kr.338.0m

Agillic

CPSE:AGILC

kr.195.0m

Digizuite

CPSE:DIGIZ

kr.175.3m

OrderYOYO

CPSE:YOYO

kr.482.7m

Price History & Performance

Summary of all time highs, changes and price drops for Mapspeople
Historical stock prices
Current Share Price	kr.4.81
52 Week High	kr.10.40
52 Week Low	kr.4.04
Beta	0
1 Month Change	-14.72%
3 Month Change	-12.23%
1 Year Change	-51.90%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-46.32%

Shareholder Returns

	MAPS	DK Software	DK Market
7D	-3.8%	-4.8%	-0.5%
1Y	-51.9%	-56.6%	-11.9%

Return vs Industry: MAPS exceeded the Danish Software industry which returned -56.6% over the past year.

Return vs Market: MAPS underperformed the Danish Market which returned -11.9% over the past year.

Price Volatility

Is MAPS's price volatile compared to industry and market?
MAPS volatility
MAPS Average Weekly Movement	12.8%
Software Industry Average Movement	9.8%
Market Average Movement	5.5%
10% most volatile stocks in DK Market	10.4%
10% least volatile stocks in DK Market	3.0%

Stable Share Price: MAPS is more volatile than 90% of Danish stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: MAPS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Danish stocks.

About the Company

Founded	Employees	CEO	Website
1897	90	Michael Gram	https://www.mapspeople.com

Mapspeople A/S operates as a subscription-based Software-as-a-Service company that focuses on mapping and navigation. The company operates through three segments: Google Maps, MapsIndoors, and Other Subscription. It offers MapsIndoors, an indoor mapping platform, which helps corporate offices to optimize resource utilization, assisting guests navigate to their seats at stadiums, displaying vacant parking lots, or avoiding long queues.

Mapspeople Fundamentals Summary

How do Mapspeople's earnings and revenue compare to its market cap?
MAPS fundamental statistics
Market Cap	kr.267.05m
Earnings (TTM)	-kr.52.98m
Revenue (TTM)	kr.30.83m

8.7x

P/S Ratio

-5.0x

P/E Ratio

Is MAPS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAPS income statement (TTM)
Revenue	kr.30.83m
Cost of Revenue	kr.3.06m
Gross Profit	kr.27.76m
Other Expenses	kr.80.74m
Earnings	-kr.52.98m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 22, 2022

Earnings per share (EPS)	-0.95
Gross Margin	90.06%
Net Profit Margin	-171.86%
Debt/Equity Ratio	68.1%

How did MAPS perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is MAPS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MAPS?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for MAPS. This is calculated by dividing MAPS's market cap by their current preferred multiple.
What is MAPS's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	kr.267.05m

MAPS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	8.3x
Enterprise Value/EBITDA	-5.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MAPS's PS Ratio compare to its peers?

MAPS PS Ratio vs Peers

The above table shows the PS ratio for MAPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	4.6x
PENNEO Penneo	5.9x	26.9%	kr.338.0m
AGILC Agillic	3.5x	n/a	kr.195.0m
DIGIZ Digizuite	4.6x	n/a	kr.175.3m
YOYO OrderYOYO	4.5x	n/a	kr.482.7m
MAPS Mapspeople	8.7x	n/a	kr.267.0m

Price-To-Sales vs Peers: MAPS is expensive based on its Price-To-Sales Ratio (8.7x) compared to the peer average (4.6x).

Price to Earnings Ratio vs Industry

How does MAPS's PE Ratio compare vs other companies in the DK Software Industry?

Price-To-Sales vs Industry: MAPS is expensive based on its Price-To-Sales Ratio (8.7x) compared to the European Software industry average (2.7x)

Price to Sales Ratio vs Fair Ratio

What is MAPS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MAPS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	8.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MAPS's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of MAPS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MAPS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MAPS's fair value for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Mapspeople forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

24.2%

Forecasted Software 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 Mapspeople 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.

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Take a look at our analysis of MAPS’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.
Mapspeople competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Mapspeople performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-89.4%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: MAPS is currently unprofitable.

Growing Profit Margin: MAPS is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MAPS's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: MAPS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.6%).

Return on Equity

High ROE: MAPS has a negative Return on Equity (-253.45%), as it is currently unprofitable.

Discover strong past performing companies

Financial Health

How is Mapspeople's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MAPS's short term assets (DKK56.0M) exceed its short term liabilities (DKK47.9M).

Long Term Liabilities: MAPS's short term assets (DKK56.0M) exceed its long term liabilities (DKK17.4M).

Debt to Equity History and Analysis

Debt Level: MAPS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MAPS's debt to equity ratio has reduced 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: MAPS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MAPS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.4% each year

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Dividend

What is Mapspeople current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

Mapspeople Dividend Yield vs Market

How does Mapspeople dividend yield compare to the market?
Segment	Dividend Yield
Company (Mapspeople)	n/a
Market Bottom 25% (DK)	1.8%
Market Top 25% (DK)	6.7%
Industry Average (Software)	1.8%
Analyst forecast in 3 Years (Mapspeople)	n/a

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

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

Growing Dividend: Insufficient data to determine if MAPS's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MAPS has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure

CEO

Michael Gram

15yrs

Tenure

Mr. Michael Gram serves as Chief Executive Officer of Mapspeople A/S. since October 8, 2007 and he is founder of Mapspeople A/S. He serves as Member of Executive Board at Mapspeople A/S.He is an experienc...

Leadership Team

Experienced Management: MAPS's management team is considered experienced (4.8 years average tenure).

Board Members

Experienced Board: MAPS's board of directors are considered experienced (8.1 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

What is the ownership structure of MAPS?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	888,500	1.6%
Institutions	4,481,719	8.1%
General Public	12,703,912	22.9%
VC/PE Firms	12,900,654	23.2%
Private Companies	24,544,373	44.2%

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

Top Shareholders

Top 6 shareholders own 33.81% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23.24%	Vækstfonden	12,900,654	DKK62.1m	0%	42.68%
7.07%	Bi Asset Management FondsmÆGlerselskab A/S	3,926,469	DKK18.9m	0%	0.05%
1%	Ufnl C Aps	555,250	DKK2.7m	0%	no data
0.9%	Paradis Invest Aps	499,750	DKK2.4m	0%	no data
0.8%	Leif Norgaard	444,250	DKK2.1m	0%	no data
0.8%	Jens Bager	444,250	DKK2.1m	0%	no data

Ticker	Exchange	Primary Security	Security Type	Country	Currency	Listed on
MAPS	CPSE (OMX Nordic Exchange Copenhagen)	Yes	Share Capital	DK	DKK	Jun 2021
70R	DB (Deutsche Boerse AG)	Yes	Share Capital	DE	EUR	Jun 2021

Data	Last Updated (UTC time)
Company Analysis	2022/10/02 00:00
End of Day Share Price	2022/09/30 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31