Executive Summary
Zwipe AS provides biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Excellent balance sheet with limited growth.
Share Price & News
How has Zwipe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZWIPE is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ZWIPE's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
Market Performance
7 Day Return
-11.8%
ZWIPE
-6.5%
NO Electronic
1.1%
NO Market
1 Year Return
518.0%
ZWIPE
114.3%
NO Electronic
39.7%
NO Market
Return vs Industry: ZWIPE exceeded the Norwegian Electronic industry which returned 105.4% over the past year.
Return vs Market: ZWIPE exceeded the Norwegian Market which returned 26.1% over the past year.
Shareholder returns
| ZWIPE | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.8% | -6.5% | 1.1% |
| 30 Day | 18.3% | 2.4% | 2.9% |
| 90 Day | 19.6% | 10.8% | 13.0% |
| 1 Year | 518.0%518.0% | 119.2%114.3% | 45.1%39.7% |
| 3 Year | n/a | -31.6%-33.0% | 19.5%5.7% |
| 5 Year | n/a | -58.5%-59.1% | 78.0%43.7% |
Long-Term Price Volatility Vs. Market
How volatile is Zwipe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Companies Like Zwipe (OB:ZWIPE) Are In A Position To Invest In Growth5 months ago | Simply Wall St
The Chief Technology Officer of Zwipe AS (OB:ZWIPE-ME), Robert Mueller, Just Bought 70% More Shares9 months ago | Simply Wall St
What Type Of Shareholder Owns Zwipe AS's (OB:ZWIPE-ME)?Valuation
Is Zwipe undervalued compared to its fair value and its price relative to the market?
5.9x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ZWIPE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ZWIPE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ZWIPE is unprofitable, so we can't compare its PE Ratio to the XE Electronic industry average.
PE vs Market: ZWIPE 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 ZWIPE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZWIPE is overvalued based on its PB Ratio (5.9x) compared to the NO Electronic industry average (4.2x).
Next Steps
Future Growth
How is Zwipe forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
26.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZWIPE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ZWIPE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ZWIPE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ZWIPE's revenue (92.7% per year) is forecast to grow faster than the Norwegian market (7.3% per year).
High Growth Revenue: ZWIPE's revenue (92.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZWIPE is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Zwipe performed over the past 5 years?
-19.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZWIPE is currently unprofitable.
Growing Profit Margin: ZWIPE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ZWIPE is unprofitable, and losses have increased over the past 5 years at a rate of 19.1% per year.
Accelerating Growth: Unable to compare ZWIPE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZWIPE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-2%).
Return on Equity
High ROE: ZWIPE has a negative Return on Equity (-50.63%), as it is currently unprofitable.
Next Steps
Financial Health
How is Zwipe's financial position?
Financial Position Analysis
Short Term Liabilities: ZWIPE's short term assets (NOK127.0M) exceed its short term liabilities (NOK13.8M).
Long Term Liabilities: ZWIPE's short term assets (NOK127.0M) exceed its long term liabilities (NOK942.0K).
Debt to Equity History and Analysis
Debt Level: ZWIPE's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: ZWIPE's debt to equity ratio has increased from 0.02% to 0.8% 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: ZWIPE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ZWIPE has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 15.4% each year.
Next Steps
Dividend
What is Zwipe current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZWIPE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZWIPE'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 ZWIPE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZWIPE'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 ZWIPE'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?
0.9yrs
Average management tenure
CEO
André Løvestam
3yrs
Tenure
Mr. André Løvestam serves as Chief Executive Officer of Zwipe AS since March 2018. Mr. Løvestam served as an Executive Vice President of Atea ASA. Mr. Løvestam served as President of Tomra Europe of Tomra ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3yrs | no data | no data | |
| Chief Financial Officer | 1yr | no data | 0.27% NOK 2.0m | |
| Chief Technology Officer | 1.92yrs | no data | 0.15% NOK 1.1m | |
| Vice President of Marketing & Communications | 0.25yr | no data | no data | |
| Chief Sales Officer | 0.17yr | no data | no data | |
| Executive Vice President of Strategy & Channels | 0.75yr | no data | 0.077% NOK 561.0k | |
| Controller | no data | no data | no data | |
| CEO of Zwipe America Inc. | no data | no data | 0.017% NOK 121.0k | |
| Consultant | no data | no data | no data |
0.9yrs
Average Tenure
Experienced Management: ZWIPE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | no data | no data | 2.63% NOK 19.1m | |
| Independent Director | 3.17yrs | no data | 0.20% NOK 1.4m | |
| Independent Director | 1.92yrs | no data | 0.061% NOK 440.0k | |
| Director | 0.83yr | no data | 1.73% NOK 12.5m | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 3.17yrs | no data | 0.65% NOK 4.7m | |
| Director | 0.83yr | no data | 0.016% NOK 116.6k |
1.9yrs
Average Tenure
57yo
Average Age
Experienced Board: ZWIPE's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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 29%.
Top Shareholders
Company Information
Zwipe AS's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zwipe AS
- Ticker: ZWIPE
- Exchange: OB
- Founded: 2009
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr724.425m
- Shares outstanding: 32.93m
- Website: https://www.zwipe.com
Number of Employees
Location
- Zwipe AS
- Radhusgata 24
- Oslo
- Oslo
- 151
- Norway
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZWIPE | OB (Oslo Bors) | Yes | Ordinary Shares | NO | NOK | Jan 2019 |
| ZWIPE | OM (OMX Nordic Exchange Stockholm) | Yes | Ordinary Shares | SE | SEK | Jan 2019 |
| 4ZW | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 2019 |
Biography
Zwipe AS provides biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. The company provide...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 17:22 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.