NOTE (BATS-CHIXE:NOTES) - Stock Price, News & Analysis

NOTES Stock Overview

NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Estonia, China, and internationally.

About the company

NOTES fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	6/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 71.8% below our estimate of its fair value

Earnings grew by 47.2% over the past year

Risk Analysis

Shares are highly illiquid

NOTE AB (publ) Competitors

Gooch & Housego

AIM:GHH

UK£144.9m

Midwich Group

AIM:MIDW

UK£437.0m

Solid State

AIM:SOLI

UK£156.3m

Strix Group

AIM:KETL

UK£166.6m

Price History & Performance

Summary of all time highs, changes and price drops for NOTE
Historical stock prices
Current Share Price	kr170.80
52 Week High	kr253.40
52 Week Low	kr170.80
Beta	1.38
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	201.77%
5 Year Change	671.11%
Change since IPO	1,266.40%

Recent updates

Shareholder Returns

	NOTES	GB Electronic	GB Market
7D	0%	0.8%	1.1%
1Y	n/a	-6.2%	1.9%

Return vs Industry: Insufficient data to determine how NOTES performed against the UK Electronic industry.

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

Price Volatility

Is NOTES's price volatile compared to industry and market?
NOTES volatility
NOTES Average Weekly Movement	n/a
Electronic Industry Average Movement	4.7%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.5%
10% least volatile stocks in GB Market	2.7%

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

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

About the Company

Founded	Employees	CEO	Website
1999	1,600	Johannes Lind-Widestam	www.note-ems.com

NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Estonia, China, and internationally. The company offers advanced production technology services in close collaboration with customers, such as component selection, developing test equipment, prototyping, and serial production, as well as after-sales services. It also produces PCBAs, sub-assemblies, and box build products.

NOTE AB (publ) Fundamentals Summary

How do NOTE's earnings and revenue compare to its market cap?
NOTES fundamental statistics
Market cap	kr4.49b
Earnings (TTM)	kr328.24m
Revenue (TTM)	kr4.20b

13.7x

P/E Ratio

1.1x

P/S Ratio

Is NOTES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOTES income statement (TTM)
Revenue	kr4.20b
Cost of Revenue	kr3.64b
Gross Profit	kr566.17m
Other Expenses	kr237.93m
Earnings	kr328.24m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Jan 29, 2024

Earnings per share (EPS)	11.33
Gross Margin	13.48%
Net Profit Margin	7.81%
Debt/Equity Ratio	52.0%

How did NOTES perform over the long term?

See historical performance and comparison

NOTES Stock Overview

Rewards

Risk Analysis

NOTE AB (publ) Competitors

AIM:GHH

UK£144.9m

AIM:MIDW

UK£437.0m

AIM:SOLI

UK£156.3m

AIM:KETL

UK£166.6m

Price History & Performance

Recent News & Updates

NOTE AB (publ) to Report Nine Months, 2024 Results on Oct 15, 2024

NOTE AB (publ) Adjusts the Guidance for the Full Year 2023

NOTE AB (publ), Annual General Meeting, Apr 18, 2024

NOTE AB (publ), Annual General Meeting, Apr 18, 2024

NOTE AB (publ) to Report Fiscal Year 2023 Results on Jan 29, 2024

Investor sentiment deteriorates as stock falls 25%

Recent updates

NOTE AB (publ) to Report Nine Months, 2024 Results on Oct 15, 2024

NOTE AB (publ) Adjusts the Guidance for the Full Year 2023

NOTE AB (publ), Annual General Meeting, Apr 18, 2024

NOTE AB (publ), Annual General Meeting, Apr 18, 2024

NOTE AB (publ) to Report Fiscal Year 2023 Results on Jan 29, 2024

Investor sentiment deteriorates as stock falls 25%

NOTE AB (publ) acquired Dvr Limited from Hellings family for £9 million.

CEO & President recently bought kr999k worth of stock

First quarter 2023 earnings released: EPS: kr2.93 (vs kr1.95 in 1Q 2022)

Insufficient new directors

Insufficient new directors

Insufficient new directors

An unknown buyer acquired a 4% stake in NOTE AB (publ) from Johannes Lind-Widestam for SEK 4.4 million.

NOTE AB (publ) to Report Q2, 2023 Results on Jul 13, 2023

Note AB (Publ) Provides Sales Guidance for the Full Year of 2023

Note AB (Publ) Confirms Earnings Guidance for the Fourth Quarter and Full Year of 2022

Investor sentiment deteriorated over the past week

Insufficient new directors

NOTE AB (publ) to Report Q1, 2023 Results on Apr 19, 2023

NOTE AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023

Insufficient new directors

Second quarter 2022 earnings released: EPS: kr2.04 (vs kr1.65 in 2Q 2021)

NOTE AB (publ) Provides Sales Guidance for the Second Half and Full Year 2022

Insufficient new directors

Insufficient new directors

NOTE's plant in China is opening its operations earlier than expected

Director recently bought kr1.1m worth of stock

Insufficient new directors

NOTE AB (publ) to Report Q2, 2022 Results on Jul 14, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

NOTE AB (publ) to Report Q3, 2022 Results on Oct 18, 2022

NOTE AB (publ)(OM:NOTE) dropped from OMX Nordic Small Cap Index

Investor sentiment improved over the past week

CEO & President recently sold kr2.7m worth of stock

Second quarter 2021 earnings released: EPS kr1.65 (vs kr1.21 in 2Q 2020)

NOTE AB (publ) Announces Earning Guidance for the Full Year 2021

Investor sentiment improved over the past week

NOTE Grows Within medtech - Starts Deliveries to Mölnlycke

NOTE AB (publ) (OM:NOTE) acquired iPRO Holdings Ltd for £9.3 million.

First quarter 2021 earnings released: EPS kr1.09 (vs kr0.79 in 1Q 2020)

NOTE AB (publ) to Report First Half, 2021 Results on Jul 13, 2021

NOTE Wins New Deal

NOTE AB (publ) to Report Q1, 2021 Results on Apr 19, 2021

NOTE AB (publ) to Report Fiscal Year 2020 Results on Jan 28, 2021

NOTE AB (publ) to Report Nine Months, 2020 Results on Oct 19, 2020

Shareholder Returns

Price Volatility

About the Company

NOTE AB (publ) Fundamentals Summary

13.7x

1.1x

Earnings & Revenue