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AINM

AINMT OB:AINMT Stock Report

Last Price

kr0.42

Market Cap

kr84.8m

7D

-2.8%

1Y

-97.6%

Updated

29 Jun, 2022

Data

Company Financials
AINMT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

AINMT Stock Overview

AINMT ASA provides telecommunications services in Norway and internationally.

AINMT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AINMT
Historical stock prices
Current Share Pricekr0.42
52 Week Highkr17.50
52 Week Lowkr0.41
Beta1.08
1 Month Change-16.00%
3 Month Change-56.70%
1 Year Change-97.60%
3 Year Change-98.29%
5 Year Change-99.63%
Change since IPO-99.24%

Recent News & Updates

Shareholder Returns

AINMTNO Wireless TelecomNO Market
7D-2.8%0.7%2.8%
1Y-97.6%1.1%8.4%

Return vs Industry: AINMT underperformed the Norwegian Wireless Telecom industry which returned 2.8% over the past year.

Return vs Market: AINMT underperformed the Norwegian Market which returned 8.1% over the past year.

Price Volatility

Is AINMT's price volatile compared to industry and market?
AINMT volatility
AINMT Average Weekly Movement14.8%
Wireless Telecom Industry Average Movement5.3%
Market Average Movement7.2%
10% most volatile stocks in NO Market12.7%
10% least volatile stocks in NO Market4.0%

Stable Share Price: AINMT is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: AINMT's weekly volatility has decreased from 24% to 15% over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015246Ola Fossehttps://www.ainmt.com

AINMT ASA provides telecommunications services in Norway and internationally. The company offers wireless data, voice, messaging, mobile broadband, telephony, and other related telecom services. It provides its services primarily under the ice brand name.

AINMT Fundamentals Summary

How do AINMT's earnings and revenue compare to its market cap?
AINMT fundamental statistics
Market Capkr84.85m
Earnings (TTM)-kr961.00m
Revenue (TTM)kr2.32b

0.0x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AINMT income statement (TTM)
Revenuekr2.32b
Cost of Revenuekr468.00m
Gross Profitkr1.85b
Other Expenseskr2.81b
Earnings-kr961.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 16, 2022

Earnings per share (EPS)-4.76
Gross Margin79.82%
Net Profit Margin-41.44%
Debt/Equity Ratio-198.7%

How did AINMT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AINMT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AINMT?

Other financial metrics that can be useful for relative valuation.

AINMT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.4x
Enterprise Value/EBITDA44.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does AINMT's PS Ratio compare to its peers?

AINMT PS Ratio vs Peers
The above table shows the PS ratio for AINMT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.8x
NTEL Nortel
3.1xn/akr356.0m
NET1 Net1 International Holdings
4xn/akr144.7m
VTL Vital
0.4xn/aNZ$12.5m
WATTA Watta Holding Berhad
3.6xn/aRM42.2m
AINMT AINMT
0.04xn/akr84.8m

Price-To-Sales vs Peers: AINMT is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (2.8x).


Price to Earnings Ratio vs Industry

How does AINMT's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?

Price-To-Sales vs Industry: AINMT is good value based on its Price-To-Sales Ratio (0x) compared to the European Wireless Telecom industry average (1.4x)


Price to Sales Ratio vs Fair Ratio

What is AINMT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AINMT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.04x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate AINMT's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of AINMT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate AINMT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AINMT's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


Discover undervalued companies

  • Take a look at our analysis of AINMT's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through AINMT regulatory filings.

Future Growth

How is AINMT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.0%

Forecasted Telecom industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AINMT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of AINMT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • AINMT competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has AINMT performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AINMT is currently unprofitable.

Growing Profit Margin: AINMT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AINMT is unprofitable, and losses have increased over the past 5 years at a rate of 5.3% per year.

Accelerating Growth: Unable to compare AINMT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AINMT is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (46.1%).


Return on Equity

High ROE: AINMT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is AINMT's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AINMT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AINMT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AINMT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AINMT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Whilst unprofitable AINMT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: AINMT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.


Discover healthy companies

Dividend

What is AINMT current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate AINMT'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 AINMT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AINMT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AINMT has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.6yrs

Average board tenure


CEO

Ola Fosse (40 yo)

0.42

Tenure

Mr. Ola Beinnes Fosse serves as acting Chief Executive Officer at AINMT ASA (formerly known as Ice Group ASA) since 2022 and served as its Chief Financial Officer since September 2021 until 2022. He served...


Board Members

Experienced Board: AINMT's board of directors are considered experienced (3.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AINMT ASA's employee growth, exchange listings and data sources


Key Information

  • Name: AINMT ASA
  • Ticker: AINMT
  • Exchange: OB
  • Founded: 2015
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: kr84.847m
  • Shares outstanding: 202.02m
  • Website: https://www.ainmt.com

Number of Employees


Location

  • AINMT ASA
  • Nydalsveien 18B
  • Oslo
  • Oslo
  • 484
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.