OB:NEXT

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

Excellent balance sheet with limited growth.


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

-8.6%

NEXT

-0.3%

NO Electronic

1.7%

NO Market


1 Year Return

-89.6%

NEXT

-54.7%

NO Electronic

-8.2%

NO Market

Return vs Industry: NEXT underperformed the Norwegian Electronic industry which returned -54.7% over the past year.

Return vs Market: NEXT underperformed the Norwegian Market which returned -8.2% over the past year.


Share holder returns

NEXTIndustryMarket
7 Day-8.6%-0.3%1.7%
30 Day-10.8%-5.9%-0.09%
90 Day19.3%-3.3%-0.7%
1 Year-89.6%-89.6%-54.2%-54.7%-3.2%-8.2%
3 Year-97.0%-97.0%-73.2%-73.6%40.8%22.5%
5 Year-90.9%-90.9%-34.2%-35.5%63.9%26.3%

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 based on future cash flows and its price relative to the stock market?

1x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

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

PE vs Market: NEXT is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate NEXT's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: NEXT is good value based on its PB Ratio (1x) compared to the NO Electronic industry average (2.2x).


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?

72.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: NEXT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NEXT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NEXT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NEXT's revenue (55% per year) is forecast to grow faster than the Norwegian market (4.9% per year).

High Growth Revenue: NEXT's revenue (55% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: NEXT is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

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

-16.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NEXT is unprofitable, and losses have increased over the past 5 years at a rate of -16.6% 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 (7.1%).


Return on Equity

High ROE: NEXT has a negative Return on Equity (-74.05%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NEXT is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NEXT is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is NEXT Biometrics Group's financial position?


Financial Position Analysis

Short Term Liabilities: NEXT's short term assets (NOK211.0M) exceeds its short term liabilities (NOK33.7M)

Long Term Liabilities: NEXT's short term assets (211.0M) exceeds its long term liabilities (4.3M)


Debt to Equity History and Analysis

Debt Level: NEXT is debt free.

Reducing Debt: NEXT had no debt 5 years ago.


Balance Sheet

Inventory Level: NEXT has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if NEXT's debt is 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.

Stable Cash Runway: NEXT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NEXT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%6.3%industryaverage2.8%forecastin3Years0%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

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

0.8yrs

Average management tenure


CEO

Peter Heuman (43yo)

0.08yrs

Tenure

0

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 ...


Management Age and Tenure

0.8yrs

Average Tenure

Experienced Management: NEXT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

58.5yo

Average Age

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


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sellkr11,938,41512 Sep 19
Invesco Ltd.
EntityCompany
Shares2,387,766
Max Pricekr5.00
Sellkr535,62631 Jul 19
Invesco Ltd.
EntityCompany
Shares113,900
Max Pricekr4.70

Ownership Breakdown


Management Team

  • Knut Stålen

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: kr2.89m
  • Peter Heuman (43yo)

    Chief Executive Officer

    • Tenure: 0.08yrs
  • Dan Cronin

    Chief Operating Officer

    • Tenure: 0.08yrs
    • Compensation: kr3.50m
  • Alain Faburel

    Chief Sales & Marketing Officer

    • Tenure: 1.4yrs
    • Compensation: kr2.55m
  • Ravi Jagannath

    Senior Vice President of Operations

    • Tenure: 1.6yrs

Board Members

  • Jan Hartvig (60yo)

    Strategic Advisor

    • Tenure: 3.8yrs
  • Ola Rollén (54yo)

    Strategic Advisor

    • Tenure: 3.8yrs
  • Max Wu

    Strategic Advisor

    • Tenure: 0yrs
  • Brita Eilertsen (57yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: kr230.00k
  • Magnus Mandersson (60yo)

    Chairman of the Board

    • Tenure: 1.4yrs
  • Petter Fjellstad

    Director

    • Tenure: 0.3yrs
  • Emannuel Lang

    Director

    • Tenure: 3.9yrs
    • Compensation: kr220.00k
  • Emine Lundkvist

    Director

    • Tenure: 2.8yrs
    • Compensation: kr200.00k

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: kr222.810m
  • Shares outstanding: 42.93m
  • 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

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 Analysis2019/10/12 21:31
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
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.

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