NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. More Details
Mediocre balance sheet and overvalued.
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.
7 Day Return
1 Year Return
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.
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
5 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The NEXT Biometrics Group ASA's (OB:NEXT) Shareholder Register?
6 months ago | Simply Wall StEasy Come, Easy Go: How NEXT Biometrics Group (OB:NEXT) Shareholders Torched 99% Of Their Cash
8 months ago | Simply Wall StHere's Why NEXT Biometrics Group (OB:NEXT) Must Use Its Cash Wisely
Is NEXT Biometrics Group 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 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).
How is NEXT Biometrics Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of NEXT’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.
- NEXT Biometrics Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has NEXT Biometrics Group performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Heuman (44 yo)
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.
|Chief Executive Officer||1.08yrs||kr2.85m||no data|
|Chief Operating Officer||1.08yrs||kr4.45m||0.071% |
|Chief Financial Officer||0.67yr||no data||no data|
|Senior Vice President of Sales & Strategy||0.67yr||no data||no data|
|Senior Vice President of Operations||2.58yrs||no data||no data|
Experienced Management: NEXT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Strategic Advisor||4.75yrs||no data||no data|
|Strategic Advisor||4.75yrs||no data||no data|
|Director||no data||no data||no data|
|Strategic Advisor||no data||no data||no data|
|Independent Chairman of the Board||0.42yr||kr45.00k||no data|
|Director||0.33yr||no data||0.72% |
|Independent Director||3.75yrs||kr245.00k||0.10% |
Experienced Board: NEXT's board of directors are considered experienced (3.8 years average tenure).
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 76.9%.
NEXT Biometrics Group ASA's company bio, employee growth, exchange listings and data sources
- Name: NEXT Biometrics Group ASA
- Ticker: NEXT
- Exchange: OB
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr172.394m
- Shares outstanding: 75.94m
- Website: https://www.nextbiometrics.com
Number of Employees
- NEXT Biometrics Group ASA
- Universitetsgata 10
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NEXT||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Oct 2013|
|0QWK||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Oct 2013|
|NXTB.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2013|
|NEXTO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Oct 2013|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 21:11|
|End of Day Share Price||2020/10/19 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.