| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ASTK Overview
Asetek A/S, together with its subsidiaries, engages in the designing, developing, and marketing of liquid cooling solutions in Asia, Europe, and the Americas.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr32.35 |
| 52 Week High | kr30.90 |
| 52 Week Low | kr124.80 |
| Beta | 1.04 |
| 1 Month Change | -53.79% |
| 3 Month Change | -67.16% |
| 1 Year Change | -61.21% |
| 3 Year Change | -50.69% |
| 5 Year Change | -19.73% |
| Change since IPO | -7.04% |
Recent News & Updates
The Trend Of High Returns At Asetek (OB:ASTK) Has Us Very Interested
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| ASTK | NO Tech | NO Market | |
|---|---|---|---|
| 7D | -43.1% | 1.1% | 4.0% |
| 1Y | -61.2% | 34.1% | 25.1% |
Return vs Industry: ASTK underperformed the Norwegian Tech industry which returned 37.4% over the past year.
Return vs Market: ASTK underperformed the Norwegian Market which returned 26.4% over the past year.
Price Volatility
| ASTK volatility | |
|---|---|
| ASTK Beta | 1.04 |
| Industry Beta | 0.72 |
| Market Beta | 1 |
Stable Share Price: ASTK is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: ASTK's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 157 | Andre Eriksen | https://asetek.com |
Asetek A/S, together with its subsidiaries, engages in the designing, developing, and marketing of liquid cooling solutions in Asia, Europe, and the Americas. The company operates in two segments, Gaming and Enthusiast; and Data Center. Its products are used in personal computers, servers, and data centers to provide enhanced performance, acoustics, and energy efficiency.
Asetek Fundamentals Summary
| ASTK fundamental statistics | |
|---|---|
| Market Cap | US$95.85m |
| Earnings (TTM) | US$13.06m |
| Revenue (TTM) | US$97.68m |
7.3x
P/E Ratio1.0x
P/S RatioIs ASTK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASTK income statement (TTM) | |
|---|---|
| Revenue | US$97.68m |
| Cost of Revenue | US$54.69m |
| Gross Profit | US$42.99m |
| Expenses | US$29.93m |
| Earnings | US$13.06m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
| Earnings per share (EPS) | 0.51 |
| Gross Margin | 44.01% |
| Net Profit Margin | 13.37% |
| Debt/Equity Ratio | 2.6% |
How did ASTK perform over the long term?
See historical performance and comparisonValuation
Is Asetek undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASTK (NOK32.35) is trading below our estimate of fair value (NOK114.17)
Significantly Below Fair Value: ASTK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASTK is good value based on its PE Ratio (7.3x) compared to the European Tech industry average (25.9x).
PE vs Market: ASTK is good value based on its PE Ratio (7.3x) compared to the Norwegian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASTK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASTK's PB Ratio (1.8x) is in line with the XE Tech industry average.
Future Growth
How is Asetek forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.8%
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 Asetek 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 Asetek performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASTK has a high level of non-cash earnings.
Growing Profit Margin: ASTK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ASTK's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: ASTK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ASTK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (42.2%).
Return on Equity
High ROE: ASTK's Return on Equity (24.6%) is considered high.
Financial Health
How is Asetek's financial position?
Financial Position Analysis
Short Term Liabilities: ASTK's short term assets ($45.8M) exceed its short term liabilities ($17.6M).
Long Term Liabilities: ASTK's short term assets ($45.8M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: ASTK's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: ASTK's debt to equity ratio has increased from 1.6% to 2.6% over the past 5 years.
Debt Coverage: ASTK's debt is well covered by operating cash flow (1333.6%).
Interest Coverage: ASTK's interest payments on its debt are well covered by EBIT (114.1x coverage).
Balance Sheet
Dividend
What is Asetek current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASTK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASTK'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 ASTK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASTK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ASTK is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASTK'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?
2.5yrs
Average board tenure
CEO
Andre Eriksen (48 yo)
no data
Tenure
Mr. Andre Sloth Eriksen founded Asetek A/S in 1997 and serves as its Chief Executive Officer. He served as Managing Director and Chief Technology Officer of Asetek A/S. Mr. Eriksen is a Long-Term Entrepren...
Board Members
Experienced Board: ASTK's board of directors are not considered experienced ( 2.5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Asetek A/S's employee growth, exchange listings and data sources
Key Information
- Name: Asetek A/S
- Ticker: ASTK
- Exchange: OB
- Founded: 1997
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: kr824.417m
- Shares outstanding: 25.48m
- Website: https://asetek.com
Number of Employees
Location
- Asetek A/S
- Assensvej 2
- Aalborg East
- Aalborg
- North Denmark Region
- 9220
- Denmark
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 21:20 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.