PIERCS Stock Overview

An e-commerce company, engages in the sale of motorcycle, gears, parts, and accessories. More details

PIERCS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 46.3% below our estimate of its fair value

Earnings are forecast to grow 121.99% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

Does not have a meaningful market cap (SEK762M)

My Notes

Capture your thoughts, links and company narrative

Pierce Group AB (publ) Competitors

Marks Electrical Group

AIM:MRK

UK£55.5m

Topps Tiles

LSE:TPT

UK£75.3m

Shoe Zone

AIM:SHOE

UK£42.8m

ScS Group

LSE:SCS

UK£95.6m

Price History & Performance

Summary of share price highs, lows and changes for Pierce Group
Historical stock prices
Current Share Price	SEK 9.50
52 Week High	SEK 0
52 Week Low	SEK 0
Beta	0
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent updates

Shareholder Returns

	PIERCS	GB Online Retail	GB Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how PIERCS performed against the UK Online Retail industry.

Return vs Market: Insufficient data to determine how PIERCS performed against the UK Market.

Price Volatility

Is PIERCS's price volatile compared to industry and market?
PIERCS volatility
PIERCS Average Weekly Movement	n/a
Online Retail Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in GB Market	0%
10% least volatile stocks in GB Market	0%

Stable Share Price: PIERCS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine PIERCS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2008	420	Willem Vos	www.piercegroup.com

Pierce Group Ab (publ), an e-commerce company, engages in the sale of gears, parts, accessories, and streetwear to riders through online stores in Europe. It operates through Offroad, Onroad, and Other segments. The company serves motocross and enduro riders under the 24MX brand; motorcycle riders on highroads under the XLMOTO brand; and snowmobile riders under the Sledstore brand, as well as through a physical store in Stockholm.

Pierce Group AB (publ) Fundamentals Summary

How do Pierce Group's earnings and revenue compare to its market cap?
PIERCS fundamental statistics
Market cap	SEK 761.99m
Earnings (TTM)	-SEK 29.00m
Revenue (TTM)	SEK 1.66b

0.5x

P/S Ratio

-26.3x

P/E Ratio

Is PIERCS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PIERCS income statement (TTM)
Revenue	SEK 1.66b
Cost of Revenue	SEK 976.00m
Gross Profit	SEK 680.00m
Other Expenses	SEK 709.00m
Earnings	-SEK 29.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 17, 2023

Earnings per share (EPS)	-0.37
Gross Margin	41.06%
Net Profit Margin	-1.75%
Debt/Equity Ratio	0%

How did PIERCS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/12/19 14:20
End of Day Share Price	2022/09/22 00:00
Earnings	2022/09/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pierce Group AB (publ) is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stefan Stjernholm	Nordea Markets
Daniel Ovin	Nordea Markets
Adrian Elmlund	Nordea Markets