Airthings ASA, together with its subsidiaries, develops, produces, markets, and sells radon measurement, indoor air quality, and energy efficiency monitors worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr10.62|
|52 Week High||kr8.11|
|52 Week Low||kr15.70|
|1 Month Change||25.09%|
|3 Month Change||21.65%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||6.20%|
Recent News & Updates
|AIRX||NO Electronic||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.
Stable Share Price: AIRX is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: AIRX's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Airthings ASA, together with its subsidiaries, develops, produces, markets, and sells radon measurement, indoor air quality, and energy efficiency monitors worldwide. The company operates through Consumer, Airthings for Business, and Pro segments. It offers digital radon detectors, as well as smart indoor air quality monitors and solutions for homes, schools, offices, restaurants, and other commercial buildings.
Airthings Fundamentals Summary
|AIRX fundamental statistics|
Is AIRX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AIRX income statement (TTM)|
|Cost of Revenue||kr87.63m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||-0.43|
|Net Profit Margin||-29.57%|
How did AIRX perform over the long term?See historical performance and comparison
Is Airthings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AIRX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AIRX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AIRX is unprofitable, so we can't compare its PE Ratio to the European Electronic industry average.
PE vs Market: AIRX 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 AIRX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIRX is good value based on its PB Ratio (3x) compared to the NO Electronic industry average (4x).
How is Airthings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIRX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: AIRX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AIRX's is expected to become profitable in the next 3 years.
Revenue vs Market: AIRX's revenue (41.7% per year) is forecast to grow faster than the Norwegian market (5.5% per year).
High Growth Revenue: AIRX's revenue (41.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AIRX's Return on Equity is forecast to be low in 3 years time (0.9%).
How has Airthings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIRX is currently unprofitable.
Growing Profit Margin: AIRX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AIRX is unprofitable, and losses have increased over the past 5 years at a rate of 73.9% per year.
Accelerating Growth: Unable to compare AIRX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIRX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (30.6%).
Return on Equity
High ROE: AIRX has a negative Return on Equity (-12.21%), as it is currently unprofitable.
How is Airthings's financial position?
Financial Position Analysis
Short Term Liabilities: AIRX's short term assets (NOK601.6M) exceed its short term liabilities (NOK62.1M).
Long Term Liabilities: AIRX's short term assets (NOK601.6M) exceed its long term liabilities (NOK9.8M).
Debt to Equity History and Analysis
Debt Level: AIRX is debt free.
Reducing Debt: AIRX had no debt 5 years ago.
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: AIRX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AIRX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 52.6% each year
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Oyvind Birkenes serves as the Chief Executive Officer of Airthings ASA. Mr. Birkenes was the General Manager for Low Power RF at Texas Instruments (TI) in the USA. At TI he headed the product lines tha...
Experienced Management: AIRX's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
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
Dilution of Shares: AIRX only recently listed within the past 12 months.
Airthings ASA's employee growth, exchange listings and data sources
- Name: Airthings ASA
- Ticker: AIRX
- Exchange: OB
- Founded: 2008
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr1.822b
- Shares outstanding: 171.53m
- Website: https://www.airthings.com
Number of Employees
- Airthings ASA
- Wergelandsveien 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 21:25|
|End of Day Share Price||2021/09/27 00:00|
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.