OB:NEXT

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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. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.


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

Stable Share Price: NEXT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.1%

NEXT

3.5%

NO Electronic

-0.05%

NO Market


1 Year Return

-55.2%

NEXT

53.5%

NO Electronic

-6.4%

NO Market

Return vs Industry: NEXT underperformed the Norwegian Electronic industry which returned 50.6% over the past year.

Return vs Market: NEXT underperformed the Norwegian Market which returned -6.3% over the past year.


Shareholder returns

NEXTIndustryMarket
7 Day1.1%3.5%-0.05%
30 Day-13.9%0.3%-0.05%
90 Day-0.2%26.9%2.4%
1 Year-55.2%-55.2%54.0%53.5%-3.2%-6.4%
3 Year-94.3%-94.3%-26.4%-27.8%2.9%-8.7%
5 Year-98.6%-98.6%97.7%82.9%43.9%14.5%

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

Valuation

Is NEXT Biometrics Group undervalued compared to its fair value and its price relative to the market?

1.41x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: NEXT is unprofitable, so we can't compare its PE Ratio to the XE Electronic industry average.

PE vs Market: NEXT 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 NEXT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NEXT is good value based on its PB Ratio (1.4x) compared to the NO Electronic industry average (3.2x).


Next Steps

Future Growth

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

22.1%

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

-3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NEXT is currently unprofitable.

Growing Profit Margin: NEXT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NEXT is unprofitable, and losses have increased over the past 5 years at a rate of 3.9% per year.

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

Earnings vs Industry: NEXT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.9%).


Return on Equity

High ROE: NEXT has a negative Return on Equity (-137.94%), as it is currently unprofitable.


Next Steps

Financial Health

How is NEXT Biometrics Group's financial position?


Financial Position Analysis

Short Term Liabilities: NEXT's short term assets (NOK139.3M) exceed its short term liabilities (NOK50.0M).

Long Term Liabilities: NEXT's short term assets (NOK139.3M) exceed its long term liabilities (NOK6.4M).


Debt to Equity History and Analysis

Debt Level: NEXT's debt to equity ratio (4.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if NEXT'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: NEXT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NEXT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if NEXT'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 NEXT'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?

1.1yrs

Average management tenure


CEO

Peter Heuman (44 yo)

1.08yrs

Tenure

kr2,846,493

Compensation

Mr. Peter Heuman serves as the Chief Executive Officer at NEXT Biometrics Group ASA since September 16, 2019. He served as the Chief Executive Officer of Done Management and Systems AB and HS, Inc. Mr. Heu ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD305.92K) is about average for companies of similar size in the Norwegian market ($USD372.19K).

Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Heuman
Chief Executive Officer1.08yrskr2.85mno data
Dan Cronin
Chief Operating Officer1.08yrskr4.45m0.071%
NOK 121.8k
Eirik Underthun
Chief Financial Officer0.67yrno datano data
Håkan Persson
Senior Vice President of Sales & Strategy0.67yrno datano data
Ravi Jagannath
Senior Vice President of Operations2.58yrsno datano data

1.1yrs

Average Tenure

Experienced Management: NEXT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jan Hartvig
Strategic Advisor4.75yrsno datano data
Ola Rollén
Strategic Advisor4.75yrsno datano data
Live Haukvik Aker
Directorno datano datano data
Guang Yi Wu
Strategic Advisorno datano datano data
Petter Fjellstad
Independent Chairman of the Board0.42yrkr45.00kno data
Odd Hauge
Director0.33yrno data0.72%
NOK 1.2m
Emine Lundkvist
Independent Director3.75yrskr245.00k0.10%
NOK 181.0k

3.8yrs

Average Tenure

57yo

Average Age

Experienced Board: NEXT's board of directors are considered experienced (3.8 years average tenure).


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: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 76.9%.


Top Shareholders

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
  • Exchange: OB
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr172.394m
  • Shares outstanding: 75.94m
  • 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
0QWKLSE (London Stock Exchange)YesOrdinary SharesGBNOKOct 2013
NXTB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2013
NEXTOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKOct 2013

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 fingerprint ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 21:11
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.