OB:NEXT-ME

Stock Analysis Report

NEXT Biometrics Group

Executive Summary

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • NEXT Biometrics Group is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has NEXT Biometrics Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-13.2%

NEXT-ME

-1.9%

NO Electronic

1.9%

NO Market


1 Year Return

n/a

NEXT-ME

-55.3%

NO Electronic

-8.5%

NO Market

No trading data on NEXT-ME.

No trading data on NEXT-ME.


Share holder returns

NEXT-MEIndustryMarket
7 Day-13.2%-1.9%1.9%
30 Dayn/a0.6%8.2%
90 Dayn/a3.3%3.4%
1 Yearn/a-54.8%-55.3%-3.5%-8.5%
3 Yearn/a-71.1%-71.6%50.1%30.5%
5 Yearn/a-39.3%-40.4%53.2%17.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is NEXT Biometrics Group undervalued based on future cash flows and its price relative to the stock market?

1.49x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for NEXT Biometrics Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for NEXT Biometrics Group to establish if it is available at substantial discount.


Price Based on Earnings

NEXT Biometrics Group is loss making, we can't compare its value to the Europe Electronic industry average.

NEXT Biometrics Group is loss making, we can't compare the value of its earnings to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for NEXT Biometrics Group, we can't assess if its growth is good value.


Price Based on Value of Assets

NEXT Biometrics Group is good value based on assets compared to the NO Electronic industry average.


Next Steps

Future Growth

How is NEXT Biometrics Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

67.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

NEXT Biometrics Group's revenue is expected to grow significantly at over 20% yearly.

NEXT Biometrics Group is not considered high growth as it is expected to be loss making for the next 1-3 years.

NEXT Biometrics Group's revenue growth is expected to exceed the Norway market average.

Unable to compare NEXT Biometrics Group's earnings growth to the Norway market average as it is expected to be loss making during the next 1-3 years.

Unable to compare NEXT Biometrics Group's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

NEXT Biometrics Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has NEXT Biometrics Group performed over the past 5 years?

-23.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

NEXT Biometrics Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare NEXT Biometrics Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare NEXT Biometrics Group's 1-year growth to the Europe Electronic industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if NEXT Biometrics Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if NEXT Biometrics Group has efficiently used its assets last year compared to the Europe Electronic industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if NEXT Biometrics Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is NEXT Biometrics Group's financial position?


Financial Position Analysis

NEXT Biometrics Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

NEXT Biometrics Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

NEXT Biometrics Group has no debt.

NEXT Biometrics Group had no debt 5 years ago.


Balance Sheet

High level of physical assets or inventory.

NEXT Biometrics Group has no debt, it does not need to be covered by short term assets.


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.

NEXT Biometrics Group has less than a year of cash runway based on current free cash flow.

NEXT Biometrics Group has less than a year of cash runway if free cash flow continues to reduce at historical rates of -0.6% each year.


Next Steps

Dividend

What is NEXT Biometrics Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate NEXT Biometrics Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate NEXT Biometrics Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as NEXT Biometrics Group has not reported any payouts.

Unable to verify if NEXT Biometrics Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as NEXT Biometrics Group has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of NEXT Biometrics Group's dividends in 3 years as they are not expected to pay a notable one for Norway.


Next Steps

Management

What is the CEO of NEXT Biometrics Group's salary, the management and board of directors tenure and is there insider trading?

1.2yrs

Average management tenure


CEO

Ritu Favre (49yo)

2.1yrs

Tenure

kr14,735,887

Compensation

Ms. Ritu Chanchal Favre has been the Chief Executive Officer at NEXT Biometrics Group ASA since February 1, 2017. Ms. Favre served as the Senior Vice President and General Manager of Biometrics Products Di ...


CEO Compensation Analysis

Ritu's remuneration is higher than average for companies of similar size in Norway.

Insufficient data for Ritu to compare compensation growth.


Management Age and Tenure

1.2yrs

Average Tenure

The average tenure for the NEXT Biometrics Group management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.2yrs

Average Tenure

57.5yo

Average Age

The tenure for the NEXT Biometrics Group board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Knut Stalen

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: kr2.82m
  • Matias Troccoli

    Chief Advisor for Special Projects

    • Tenure: 1.2yrs
    • Compensation: kr3.85m
  • Ritu Favre (49yo)

    Chief Executive Officer

    • Tenure: 2.1yrs
    • Compensation: kr14.74m
  • Robert Mueller

    Chief Technology Officer

    • Tenure: 1.2yrs
    • Compensation: kr2.89m
  • Zehira Dadon-Sitbon

    Chief of Staff

    • Tenure: 1.2yrs
    • Compensation: kr2.83m
  • Dan Cronin

    Chief Operating Officer

    • Tenure: 1yrs
    • Compensation: kr3.78m
  • Alain Faburel

    Chief Sales & Marketing Officer

    • Tenure: 0.7yrs
  • Ravi Jagannath

    Senior Vice President of Operations

    • Tenure: 1yrs

Board Members

  • Jan Hartvig (59yo)

    Strategic Advisor

    • Tenure: 3.2yrs
  • Ola Rollén (53yo)

    Strategic Advisor

    • Tenure: 3.2yrs
  • Max Wu

    Strategic Advisor

    • Tenure: 0yrs
  • Brita Eilertsen (56yo)

    Director

    • Tenure: 5.2yrs
    • Compensation: kr420.00k
  • Magnus Mandersson (59yo)

    Chairman of the Board

    • Tenure: 0.8yrs
  • Emannuel Lang

    Director

    • Tenure: 3.3yrs
    • Compensation: kr230.00k
  • Emine Lundkvist

    Director

    • Tenure: 2.2yrs
    • Compensation: kr69.07k

Company Information

NEXT Biometrics Group ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NEXT Biometrics Group ASA
  • Ticker: NEXT-ME
  • Exchange: OB
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr370.253m
  • Shares outstanding: 39.43m
  • Website: https://www.nextbiometrics.com

Number of Employees


Location

  • NEXT Biometrics Group ASA
  • Universitetsgata 10
  • Oslo
  • Oslo
  • 164
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEXTOB (Oslo Bors)YesOrdinary SharesNONOKOct 2013
NEXTOTCNO (Norway OTC)YesOrdinary SharesNONOKOct 2013
0QWKLSE (London Stock Exchange)YesOrdinary SharesGBNOKOct 2013
NXTB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2013
NEXTOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKOct 2013
NEXT-MEOB (Oslo Bors)NOK1 (TEMP PLA)NONOKFeb 2019

Biography

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. The company offers flexible fin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/04 23:11
End of Day Share Price2019/03/01 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.