| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
SKAND Stock Overview
Skandia GreenPower AS engages in the sale of electricity to retail customers in the Norwegian market.
Skandia GreenPower Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr4.40 |
| 52 Week High | kr11.40 |
| 52 Week Low | kr3.98 |
| Beta | 0 |
| 1 Month Change | -0.90% |
| 3 Month Change | -16.03% |
| 1 Year Change | -58.49% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -70.95% |
Recent News & Updates
Shareholder Returns
| SKAND | NO Electric Utilities | NO Market | |
|---|---|---|---|
| 7D | 6.8% | -0.1% | -1.1% |
| 1Y | -58.5% | -3.0% | 9.2% |
Return vs Industry: SKAND underperformed the Norwegian Electric Utilities industry which returned -3% over the past year.
Return vs Market: SKAND underperformed the Norwegian Market which returned 9.2% over the past year.
Price Volatility
| SKAND volatility | |
|---|---|
| SKAND Average Weekly Movement | 5.5% |
| Electric Utilities Industry Average Movement | 5.3% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in NO Market | 12.6% |
| 10% least volatile stocks in NO Market | 3.8% |
Stable Share Price: SKAND is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SKAND's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 40 | Lene Johansen | https://www.skandiaenergi.no |
Skandia GreenPower AS engages in the sale of electricity to retail customers in the Norwegian market. The company also offers solar cell solutions; and smart energy solutions for solar power and energy saving, as well as solar cell panels and roofing tiles. As of December 31, 2021, it served approximately 30,000 customers.
Skandia GreenPower Fundamentals Summary
| SKAND fundamental statistics | |
|---|---|
| Market Cap | kr72.38m |
| Earnings (TTM) | -kr18.12m |
| Revenue (TTM) | kr335.62m |
0.2x
P/S Ratio-4.0x
P/E RatioIs SKAND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SKAND income statement (TTM) | |
|---|---|
| Revenue | kr335.62m |
| Cost of Revenue | kr299.11m |
| Gross Profit | kr36.51m |
| Other Expenses | kr54.62m |
| Earnings | -kr18.12m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 02, 2022
| Earnings per share (EPS) | -1.10 |
| Gross Margin | 10.88% |
| Net Profit Margin | -5.40% |
| Debt/Equity Ratio | 0.0% |
How did SKAND perform over the long term?
See historical performance and comparisonValuation
Is SKAND undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SKAND?
Other financial metrics that can be useful for relative valuation.
| What is SKAND's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | kr72.38m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does SKAND's PS Ratio compare to its peers?
| SKAND PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.7x | ||
ELMRA Elmera Group | 0.1x | 1.0% | kr2.4b |
AEGA Aega | 4.2x | n/a | kr94.1m |
NSOL Norsk Solar | 22.4x | 84.1% | kr290.1m |
EAM EAM Solar | 4.1x | n/a | kr57.0m |
SKAND Skandia GreenPower | 0.2x | n/a | kr72.4m |
Price-To-Sales vs Peers: SKAND is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (7.7x).
Price to Earnings Ratio vs Industry
How does SKAND's PE Ratio compare vs other companies in the European Electric Utilities Industry?
Price-To-Sales vs Industry: SKAND is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Electric Utilities industry average (0.4x)
Price to Sales Ratio vs Fair Ratio
What is SKAND'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate SKAND's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SKAND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SKAND (NOK4.4) is trading below our estimate of fair value (NOK141.29)
Significantly Below Fair Value: SKAND is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Skandia GreenPower forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.4%
Forecasted Utilities 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 Skandia GreenPower 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.
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- Examine whether Skandia GreenPower is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Skandia GreenPower competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Skandia GreenPower performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-21.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKAND is currently unprofitable.
Growing Profit Margin: SKAND is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SKAND is unprofitable, and losses have increased over the past 5 years at a rate of 21.7% per year.
Accelerating Growth: Unable to compare SKAND's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SKAND is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (15.3%).
Return on Equity
High ROE: SKAND has a negative Return on Equity (-11.9%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Skandia GreenPower's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SKAND's short term assets (NOK237.5M) exceed its short term liabilities (NOK181.5M).
Long Term Liabilities: SKAND has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SKAND is debt free.
Reducing Debt: SKAND had no debt 5 years ago.
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: SKAND has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SKAND has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Dividend
What is Skandia GreenPower current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKAND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKAND'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 SKAND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKAND'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 SKAND has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Lene Johansen
0.083
Tenure
Ms. Lene Johansen was Board Member of Skandia GreenPower AS from October 04, 2021 and serves as its Chief Executive Officer since July 01, 2022. She is a beneficial owner at Sparebank 1 Nordvest. She joins...
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Skandia GreenPower AS's employee growth, exchange listings and data sources
Key Information
- Name: Skandia GreenPower AS
- Ticker: SKAND
- Exchange: OB
- Founded: 2015
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: kr72.383m
- Shares outstanding: 16.45m
- Website: https://www.skandiaenergi.no
Number of Employees
Location
- Skandia GreenPower AS
- Dronningens Gate 3
- Kristiansand
- Vest-Agder
- 4610
- Norway
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/07 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.