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ZWIP

ZwipeOB:ZWIPE Stock Report

Market Cap

kr710.1m

7D

-0.7%

1Y

68.7%

Updated

27 Sep, 2021

Data

Company Financials +
ZWIPE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ZWIPE Overview

Zwipe AS provides biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy.

Price History & Performance

Summary of all time highs, changes and price drops for Zwipe
Historical stock prices
Current Share Pricekr32.70
52 Week Highkr16.00
52 Week Lowkr42.90
Beta0.98
1 Month Change30.38%
3 Month Change44.44%
1 Year Change68.73%
3 Year Changen/a
5 Year Changen/a
Change since IPO76.76%

Recent News & Updates

Jul 08
Zwipe (OB:ZWIPE) Is In A Good Position To Deliver On Growth Plans

Zwipe (OB:ZWIPE) Is In A Good Position To Deliver On Growth Plans

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Shareholder Returns

ZWIPENO ElectronicNO Market
7D-0.7%3.9%4.0%
1Y68.7%31.3%25.1%

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

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

Price Volatility

Is ZWIPE's price volatile compared to industry and market?
ZWIPE volatility
ZWIPE Beta0.98
Industry Beta1.23
Market Beta1

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

Volatility Over Time: ZWIPE's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
200927André Løvestamhttps://www.zwipe.com

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 provides biometric payment platform, a solution for payment cards; biometric enrolment tablet for mobile registration and authentication of biometric cards by card issuers; and a wearable device for the tokenization of payment applications blended with biometrics. It operates in Norway and internationally.

Zwipe Fundamentals Summary

How do Zwipe's earnings and revenue compare to its market cap?
ZWIPE fundamental statistics
Market Capkr710.14m
Earnings (TTM)-kr57.42m
Revenue (TTM)kr1.79m

395.9x

P/S Ratio

-12.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZWIPE income statement (TTM)
Revenuekr1.79m
Cost of Revenuekr5.02m
Gross Profit-kr3.23m
Expenseskr54.19m
Earnings-kr57.42m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.64
Gross Margin-179.99%
Net Profit Margin-3,200.56%
Debt/Equity Ratio2.2%

How did ZWIPE perform over the long term?

See historical performance and comparison

Valuation

Is Zwipe undervalued compared to its fair value and its price relative to the market?

7.23x

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 European 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 (7.2x) compared to the NO Electronic industry average (3.9x).


Future Growth

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

103.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZWIPE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: ZWIPE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZWIPE's is expected to become profitable in the next 3 years.

Revenue vs Market: ZWIPE's revenue (81.2% per year) is forecast to grow faster than the Norwegian market (5.6% per year).

High Growth Revenue: ZWIPE's revenue (81.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZWIPE's Return on Equity is forecast to be high in 3 years time (24.2%)


Past Performance

How has Zwipe performed over the past 5 years?

-8.3%

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 8.3% 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 (30.6%).


Return on Equity

High ROE: ZWIPE has a negative Return on Equity (-58.49%), as it is currently unprofitable.


Financial Health

How is Zwipe's financial position?


Financial Position Analysis

Short Term Liabilities: ZWIPE's short term assets (NOK99.0M) exceed its short term liabilities (NOK9.0M).

Long Term Liabilities: ZWIPE's short term assets (NOK99.0M) exceed its long term liabilities (NOK2.1M).


Debt to Equity History and Analysis

Debt Level: ZWIPE's debt to equity ratio (2.2%) is considered satisfactory.

Reducing Debt: ZWIPE's debt to equity ratio has reduced from 2.6% to 2.2% 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 1.4 years if free cash flow continues to reduce at historical rates of 8.4% each year.


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?

1.4yrs

Average management tenure


CEO

André Løvestam

3.5yrs

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

Experienced Management: ZWIPE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ZWIPE's board of directors are not considered experienced ( 1.3 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: ZWIPE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Zwipe AS's 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: kr710.135m
  • Shares outstanding: 21.72m
  • Website: https://www.zwipe.com

Number of Employees


Location

  • Zwipe AS
  • Radhusgata 24
  • Oslo
  • Oslo
  • 151
  • 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 21:23
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.