OB:SKI

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Skitude Holding

Market Cap

kr382.9m

Last Updated

2021/07/30 18:30 UTC

Data Sources

Company Financials +

Executive Summary

Skitude Holding AS provides digital and mobile platforms for the monitoring, gamification, and sharing of skiing, snowboarding, and other outdoor activity experiences. More Details


Snowflake Analysis

Excellent balance sheet with high growth potential.

Share Price & News

How has Skitude Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SKI is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SKI's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0.9%

SKI

2.4%

NO Software

0.4%

NO Market


1 Year Return

n/a

SKI

34.5%

NO Software

32.9%

NO Market

Return vs Industry: Insufficient data to determine how SKI performed against the Norwegian Software industry.

Return vs Market: Insufficient data to determine how SKI performed against the Norwegian Market.


Shareholder returns

SKIIndustryMarket
7 Day0.9%2.4%0.4%
30 Day-3.6%5.8%0.1%
90 Day-18.5%-7.3%2.4%
1 Yearn/a34.5%34.5%37.8%32.9%
3 Yearn/a49.0%41.6%19.0%5.5%
5 Yearn/a103.2%86.4%79.1%46.0%

Long-Term Price Volatility Vs. Market

How volatile is Skitude Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Skitude Holding undervalued compared to its fair value and its price relative to the market?

1.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SKI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SKI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SKI is unprofitable, so we can't compare its PE Ratio to the European Software industry average.

PE vs Market: SKI is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SKI is good value based on its PB Ratio (1.2x) compared to the NO Software industry average (3.6x).


Future Growth

How is Skitude Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

73.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: SKI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SKI's is expected to become profitable in the next 3 years.

Revenue vs Market: SKI's revenue (50.8% per year) is forecast to grow faster than the Norwegian market (5.5% per year).

High Growth Revenue: SKI's revenue (50.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SKI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Skitude Holding performed over the past 5 years?

-75.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SKI is currently unprofitable.

Growing Profit Margin: SKI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if SKI's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: SKI is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19%).


Return on Equity

High ROE: SKI has a negative Return on Equity (-12.65%), as it is currently unprofitable.


Financial Health

How is Skitude Holding's financial position?


Financial Position Analysis

Short Term Liabilities: SKI's short term assets (NOK156.8M) exceed its short term liabilities (NOK29.0M).

Long Term Liabilities: SKI's short term assets (NOK156.8M) exceed its long term liabilities (NOK40.8M).


Debt to Equity History and Analysis

Debt Level: SKI's debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SKI'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: SKI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SKI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 124.3% each year


Dividend

What is Skitude Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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


CEO

Marc Bigas Bachs

no data

Tenure

Bigas Bachs serves as the Chief Executive Officer at Skitude Holding AS


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: SKI only recently listed within the past 12 months.


Top Shareholders

Company Information

Skitude Holding AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Skitude Holding AS
  • Ticker: SKI
  • Exchange: OB
  • Founded: 2016
  • Industry: Application Software
  • Sector: Software
  • Market Cap: kr382.912m
  • Shares outstanding: 88.03m
  • Website: https://www.skitudegroup.com

Location

  • Skitude Holding AS
  • Karenslyst Alle 9A
  • Oslo
  • Oslo
  • 278
  • Norway

Listings


Biography

Skitude Holding AS provides digital and mobile platforms for the monitoring, gamification, and sharing of skiing, snowboarding, and other outdoor activity experiences. The company offers Catalate, a dynami...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 18:30
End of Day Share Price2021/07/30 00:00
Earnings2021/04/30
Annual Earnings2021/04/30


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.