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NEXT

NEXT Biometrics GroupOB:NEXT Stock Report

Market Cap

kr641.8m

7D

4.9%

1Y

203.1%

Updated

27 Sep, 2021

Data

Company Financials +
NEXT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

NEXT Overview

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

NEXT Biometrics Group Competitors

Bancolombia

BVC:BCOLOMBIA

Col$29.4t

Shenzhen Goodix Technology

SHSE:603160

CN¥48.0b

Systemair

OM:SYSR

kr17.3b

Forterra

NasdaqGS:FRTA

US$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for NEXT Biometrics Group
Historical stock prices
Current Share Pricekr7.29
52 Week Highkr1.86
52 Week Lowkr10.60
Beta1.19
1 Month Change-7.95%
3 Month Change2.68%
1 Year Change203.12%
3 Year Change-87.03%
5 Year Change-95.44%
Change since IPO-92.33%

Recent News & Updates

Shareholder Returns

NEXTNO ElectronicNO Market
7D4.9%-0.8%1.2%
1Y203.1%32.9%26.4%

Return vs Industry: NEXT exceeded the Norwegian Electronic industry which returned 32.9% over the past year.

Return vs Market: NEXT exceeded the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is NEXT's price volatile compared to industry and market?
NEXT volatility
NEXT Beta1.19
Industry Beta1.22
Market Beta1

Stable Share Price: NEXT is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: NEXT's weekly volatility has decreased from 18% to 12% over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a60Peter Heumanhttps://www.nextbiometrics.com

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 sensor modules and readers, and flexible biometric subassemblies, as well as software and hardware development kits for USB and SPI modules. Its products are used in smart card, government ID, access control, and notebook applications.

NEXT Biometrics Group Fundamentals Summary

How do NEXT Biometrics Group's earnings and revenue compare to its market cap?
NEXT fundamental statistics
Market Capkr641.77m
Earnings (TTM)-kr56.52m
Revenue (TTM)kr48.18m

13.9x

P/S Ratio

-11.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEXT income statement (TTM)
Revenuekr48.18m
Cost of Revenuekr39.09m
Gross Profitkr9.09m
Expenseskr65.61m
Earnings-kr56.52m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)-0.62
Gross Margin18.87%
Net Profit Margin-117.32%
Debt/Equity Ratio0.4%

How did NEXT perform over the long term?

See historical performance and comparison

Valuation

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

4.13x

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 European 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's PB Ratio (4x) is in line with the NO Electronic industry average.


Future Growth

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

53.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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 (78% per year) is forecast to grow faster than the Norwegian market (5.6% per year).

High Growth Revenue: NEXT's revenue (78% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NEXT's Return on Equity is forecast to be high in 3 years time


Past Performance

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

11.7%

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, but has reduced losses over the past 5 years at a rate of 11.7% 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 (30.6%).


Return on Equity

High ROE: NEXT has a negative Return on Equity (-34.89%), as it is currently unprofitable.


Financial Health

How is NEXT Biometrics Group's financial position?


Financial Position Analysis

Short Term Liabilities: NEXT's short term assets (NOK163.1M) exceed its short term liabilities (NOK21.6M).

Long Term Liabilities: NEXT's short term assets (NOK163.1M) exceed its long term liabilities (NOK3.2M).


Debt to Equity History and Analysis

Debt Level: NEXT's debt to equity ratio (0.4%) 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 sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NEXT has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 9.5% each year.


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

  • Explore strong dividend paying companies in the Tech industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Peter Heuman (45 yo)

2yrs

Tenure

kr6,236,000

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 ($USD724.15K) is above average for companies of similar size in the Norwegian market ($USD342.22K).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: NEXT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: NEXT's board of directors are considered experienced (4.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: NEXT Biometrics Group ASA
  • Ticker: NEXT
  • Exchange: OB
  • Founded: NaN
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr641.765m
  • Shares outstanding: 91.68m
  • Website: https://www.nextbiometrics.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 16:20
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.