StrongPoint ASA develops and sells technology solutions for e-commerce and store operations in Norway, Sweden, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr30.40|
|52 Week High||kr15.85|
|52 Week Low||kr37.80|
|1 Month Change||6.29%|
|3 Month Change||-1.30%|
|1 Year Change||56.30%|
|3 Year Change||261.91%|
|5 Year Change||172.65%|
|Change since IPO||237.78%|
Recent News & Updates
|STRO||NO Electronic||NO Market|
Return vs Industry: STRO exceeded the Norwegian Electronic industry which returned 32.7% over the past year.
Return vs Market: STRO exceeded the Norwegian Market which returned 25.6% over the past year.
Stable Share Price: STRO is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: STRO's weekly volatility (5%) has been stable over the past year.
About the Company
StrongPoint ASA develops and sells technology solutions for e-commerce and store operations in Norway, Sweden, and internationally. It operates through three segments: Retail Technology, Cash Security, and Labels. The company offers various retail solutions, including cash management, select and collect, click and collect, self-service, and electronic shelf labelling solutions, as well as retail management software and other solutions; and consultative services.
Is StrongPoint undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: STRO (NOK30.4) is trading above our estimate of fair value (NOK18.03)
Significantly Below Fair Value: STRO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: STRO is good value based on its PE Ratio (20.5x) compared to the European Electronic industry average (23x).
PE vs Market: STRO is poor value based on its PE Ratio (20.5x) compared to the Norwegian market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: STRO is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: STRO's PB Ratio (4x) is in line with the NO Electronic industry average.
How is StrongPoint forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STRO's forecast earnings growth (4.2% per year) is above the savings rate (1.2%).
Earnings vs Market: STRO's earnings (4.2% per year) are forecast to grow slower than the Norwegian market (9.2% per year).
High Growth Earnings: STRO's earnings are forecast to grow, but not significantly.
Revenue vs Market: STRO's revenue (11.6% per year) is forecast to grow faster than the Norwegian market (5.9% per year).
High Growth Revenue: STRO's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STRO's Return on Equity is forecast to be high in 3 years time (20.5%)
How has StrongPoint performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STRO has a large one-off gain of NOK52.8M impacting its June 30 2021 financial results.
Growing Profit Margin: STRO's current net profit margins (5.5%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: STRO's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: STRO's earnings growth over the past year (412.2%) exceeds its 5-year average (-3.9% per year).
Earnings vs Industry: STRO earnings growth over the past year (412.2%) exceeded the Electronic industry 34.3%.
Return on Equity
High ROE: STRO's Return on Equity (19.5%) is considered low.
How is StrongPoint's financial position?
Financial Position Analysis
Short Term Liabilities: STRO's short term assets (NOK506.3M) exceed its short term liabilities (NOK375.1M).
Long Term Liabilities: STRO's short term assets (NOK506.3M) exceed its long term liabilities (NOK38.3M).
Debt to Equity History and Analysis
Debt Level: STRO's debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: STRO's debt to equity ratio has reduced from 22.8% to 12.9% over the past 5 years.
Debt Coverage: STRO's debt is well covered by operating cash flow (427.4%).
Interest Coverage: STRO's interest payments on its debt are well covered by EBIT (10.4x coverage).
What is StrongPoint current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: STRO's dividend (2.3%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.87%).
High Dividend: STRO's dividend (2.3%) is low compared to the top 25% of dividend payers in the Norwegian market (5.13%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, STRO has been paying a dividend for less than 10 years.
Growing Dividend: STRO's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.3%), STRO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STRO's dividends in 3 years are forecast to be covered by earnings (65.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jacob Tveraabak (45 yo)
Mr. Jacob Tveraabak has been Chief Executive Officer of StrongPoint ASA since August 01, 2018. After his degree in Business Administration from NHH, Mr. Tveraabak worked with McKinsey & Company for several...
CEO Compensation Analysis
Compensation vs Market: Jacob's total compensation ($USD476.07K) is about average for companies of similar size in the Norwegian market ($USD514.20K).
Compensation vs Earnings: Jacob's compensation has been consistent with company performance over the past year.
Experienced Management: STRO's management team is considered experienced (2.8 years average tenure).
Experienced Board: STRO's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STRO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
StrongPoint ASA's employee growth, exchange listings and data sources
- Name: StrongPoint ASA
- Ticker: STRO
- Exchange: OB
- Founded: NaN
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr1.343b
- Shares outstanding: 44.18m
- Website: https://www.strongpoint.com
Number of Employees
- StrongPoint ASA
- Slynga 10
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:37|
|End of Day Share Price||2021/09/15 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.