NOTE AB (publ)

BATS-CHIXE:NOTES Stock Report

Market Cap: SEK 4.3b

NOTE Past Earnings Performance

Past criteria checks 2/6

NOTE has been growing earnings at an average annual rate of 25.9%, while the Electronic industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 21.3% per year. NOTE's return on equity is 17.3%, and it has net margins of 6.7%.

Key information

25.9%

Earnings growth rate

25.3%

EPS growth rate

Electronic Industry Growth5.5%
Revenue growth rate21.3%
Return on equity17.3%
Net Margin6.7%
Next Earnings Update27 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How NOTE makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:NOTES Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,9562661530
30 Jun 244,1812881540
31 Mar 244,2472991450
31 Dec 234,2433201390
30 Sep 234,2013281310
30 Jun 234,0973031220
31 Mar 233,9172831180
31 Dec 223,6872541150
30 Sep 223,4632231110
30 Jun 223,2182311090
31 Mar 222,9622191070
31 Dec 212,643194980
30 Sep 212,295158950
30 Jun 212,043138880
31 Mar 211,901125830
31 Dec 201,874116850
30 Sep 201,891110860
30 Jun 201,892104850
31 Mar 201,83094840
31 Dec 191,76092830
30 Sep 191,67490790
30 Jun 191,56479860
31 Mar 191,47672860
31 Dec 181,37964820
30 Sep 181,30758810
30 Jun 181,24863730
31 Mar 181,20757700
31 Dec 171,17672730
30 Sep 171,13967740
30 Jun 171,12263730
31 Mar 171,09662740
31 Dec 161,09845720
30 Sep 161,11539750
30 Jun 161,12838780
31 Mar 161,12536780
31 Dec 151,12235790
30 Sep 151,06435730
30 Jun 151,03834730
31 Mar 151,00731710
31 Dec 1496425690
30 Sep 1497125680
30 Jun 149369660
31 Mar 149255640

Quality Earnings: NOTES has high quality earnings.

Growing Profit Margin: NOTES's current net profit margins (6.7%) are lower than last year (7.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NOTES's earnings have grown significantly by 25.9% per year over the past 5 years.

Accelerating Growth: NOTES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NOTES had negative earnings growth (-19%) over the past year, making it difficult to compare to the Electronic industry average (2%).

Return on Equity

High ROE: NOTES's Return on Equity (17.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 10:45
End of Day Share Price 2024/10/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

NOTE AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fredrik AgardhHandelsbanken Capital Markets
Michael LatimoreNorthland Capital Markets
Thomas BlikstadPareto Securities