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K2LT

AB K2 LTNSEL:K2LT Stock Report

Market Cap

€9.2m

7D

1.4%

1Y

9.8%

Updated

22 Oct, 2021

Data

Company Financials
K2LT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

K2LT Overview

AB K2 LT provides crematorium services in Lithuania.

Price History & Performance

Summary of all time highs, changes and price drops for AB K2 LT
Historical stock prices
Current Share Price€29.00
52 Week High€26.20
52 Week Low€31.00
Beta0.14
1 Month Change0%
3 Month Change3.57%
1 Year Change9.85%
3 Year Change45.00%
5 Year Change-27.32%
Change since IPO23.40%

Recent News & Updates

Shareholder Returns

K2LTLT Consumer ServicesLT Market
7D1.4%1.0%2.0%
1Y9.8%5.6%20.5%

Return vs Industry: K2LT exceeded the LT Consumer Services industry which returned 5.6% over the past year.

Return vs Market: K2LT underperformed the LT Market which returned 20.5% over the past year.

Price Volatility

Is K2LT's price volatile compared to industry and market?
K2LT volatility
K2LT Beta0.14
Industry Beta1.08
Market Beta1

Stable Share Price: K2LT is not significantly more volatile than the rest of LT stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: K2LT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200811Bernardas Vilkelishttps://lietuvoskrematoriumas.lt

AB K2 LT provides crematorium services in Lithuania. The company was incorporated in 2008 and is based in Kedainiai, Lithuania.

AB K2 LT Fundamentals Summary

How do AB K2 LT's earnings and revenue compare to its market cap?
K2LT fundamental statistics
Market Cap€9.23m
Earnings (TTM)€1.01m
Revenue (TTM)€2.19m

8.9x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
K2LT income statement (TTM)
Revenue€2.19m
Cost of Revenue€308.43k
Gross Profit€1.88m
Expenses€869.30k
Earnings€1.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.25
Gross Margin85.92%
Net Profit Margin46.25%
Debt/Equity Ratio17.4%

How did K2LT perform over the long term?

See historical performance and comparison

Valuation

Is AB K2 LT undervalued compared to its fair value and its price relative to the market?

8.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: K2LT (€29) is trading above our estimate of fair value (€13.67)

Significantly Below Fair Value: K2LT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: K2LT is good value based on its PE Ratio (8.9x) compared to the European Consumer Services industry average (22.2x).

PE vs Market: K2LT is good value based on its PE Ratio (8.9x) compared to the LT market (9.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate K2LT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: K2LT is good value based on its PB Ratio (2.2x) compared to the XE Consumer Services industry average (2.8x).


Future Growth

How is AB K2 LT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.0%

Forecasted Consumer Services 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 AB K2 LT 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.


Past Performance

How has AB K2 LT performed over the past 5 years?

30.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: K2LT has high quality earnings.

Growing Profit Margin: K2LT's current net profit margins (46.3%) are higher than last year (46%).


Past Earnings Growth Analysis

Earnings Trend: K2LT's earnings have grown significantly by 30.3% per year over the past 5 years.

Accelerating Growth: K2LT's earnings growth over the past year (20%) is below its 5-year average (30.3% per year).

Earnings vs Industry: K2LT earnings growth over the past year (20%) underperformed the Consumer Services industry 38.7%.


Return on Equity

High ROE: K2LT's Return on Equity (24.9%) is considered high.


Financial Health

How is AB K2 LT's financial position?


Financial Position Analysis

Short Term Liabilities: K2LT's short term assets (€955.6K) exceed its short term liabilities (€499.1K).

Long Term Liabilities: K2LT's short term assets (€955.6K) exceed its long term liabilities (€475.3K).


Debt to Equity History and Analysis

Debt Level: K2LT's debt to equity ratio (17.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if K2LT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: K2LT's debt is well covered by operating cash flow (157.5%).

Interest Coverage: K2LT's interest payments on its debt are well covered by EBIT (52.1x coverage).


Balance Sheet


Dividend

What is AB K2 LT current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate K2LT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate K2LT'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 K2LT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if K2LT'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 K2LT's dividend in 3 years as they are not forecast to pay a notable one for the LT market.


Next Steps

Management

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

2.4yrs

Average board tenure


CEO

Bernardas Vilkelis

2.75yrs

Tenure

Bernardas Vilkelis, has been Chief Executive Officer at AB K2 LT since January 07, 2019 and also serves as its Director. Bernardas Vilkelis served as Chief Financial Officer of AB K2 LT.


Board Members

Experienced Board: K2LT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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

AB K2 LT's employee growth, exchange listings and data sources


Key Information

  • Name: AB K2 LT
  • Ticker: K2LT
  • Exchange: NSEL
  • Founded: 2008
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: €9.230m
  • Shares outstanding: 311.82k
  • Website: https://lietuvoskrematoriumas.lt

Number of Employees


Location

  • AB K2 LT
  • Metalistu g. 3
  • Kedainiai
  • 57241
  • Lithuania

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:01
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.