OB:AIRX

Stock Analysis Report

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Executive Summary

Airthings AS develops and manufactures radon and indoor air quality monitors. More Details

Risk Analysis

Has not reported any financial data



Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AIRX is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.

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


Market Performance


7 Day Return

-3.6%

AIRX

-6.5%

NO Electronic

1.1%

NO Market


1 Year Return

n/a

AIRX

114.3%

NO Electronic

39.7%

NO Market

Return vs Industry: Insufficient data to determine how AIRX performed against the Norwegian Electronic industry.

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


Shareholder returns

AIRXIndustryMarket
7 Day-3.6%-6.5%1.1%
30 Day-5.9%2.4%2.9%
90 Day-1.7%10.8%13.0%
1 Yearn/a119.2%114.3%45.1%39.7%
3 Yearn/a-31.6%-33.0%19.5%5.7%
5 Yearn/a-58.5%-59.1%78.0%43.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Airthings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Airthings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of AIRX's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Airthings regulatory filings.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

16.2%

Forecasted Tech 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 Airthings 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.


Next Steps

Past Performance

How has Airthings performed over the past 5 years?

10.5%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Airthings has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Airthings's financial position?


In this section we usually analyse Airthings's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Airthings has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of AIRX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. Airthings's cash and debt levels may be found in its annual reports archived here.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Airthings's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

What is Airthings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AIRX'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 AIRX'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

Øyvind Birkenes

no data

Tenure

Mr. Øyvind Birkenes serves as the Chief Executive Officer of Airthings AS. Mr. Birkenes was the General Manager for Low Power RF at Texas Instruments (TI) in the USA. At TI he headed the product lines that...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AIRX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: AIRX only recently listed within the past 12 months.


Top Shareholders

Company Information

Airthings ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Airthings ASA
  • Ticker: AIRX
  • Exchange: OB
  • Founded: 2008
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr2.122b
  • Shares outstanding: 171.13m
  • Website: https://www.airthings.com

Location

  • Airthings ASA
  • Wergelandsveien 7
  • Oslo
  • Oslo
  • 167
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
64JMUN (Boerse Muenchen)YesShare CapitalDEEUROct 2020
AIRXOB (Oslo Bors)YesShare CapitalNONOKOct 2020

Biography

Airthings AS develops and manufactures radon and indoor air quality monitors. The company offers its products under the Wave, Wave Plus, Wave Mini, Hub, Plus, and Pro brands. It serves homeowners and busin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 17:20
End of Day Share Price2021/03/08 00:00
EarningsN/A
Annual EarningsN/A


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.