Electromagnetica (BVB:ELMA) - Share price, News & Analysis

ELMA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

ELMA Stock Overview

Electromagnetica S.A. manufactures and sells electrical and electronic equipment in Romania and internationally.

Risk Analysis

Earnings have declined by 33.4% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (RON88M)

Electromagnetica Competitors

Mikro MSC Berhad

KLSE:MIKROMB

RM79.5m

Antec

TPEX:6276

NT$521.2m

Acorn Energy

OTCPK:ACFN

US$20.8m

Alpha MOS

ENXTPA:ALNEO

€19.2m

Price History & Performance

Summary of all time highs, changes and price drops for Electromagnetica
Historical stock prices
Current Share Price	RON0.13
52 Week High	RON0.14
52 Week Low	RON0.097
Beta	0.39
1 Month Change	-2.99%
3 Month Change	0%
1 Year Change	0%
3 Year Change	-4.41%
5 Year Change	-22.39%
Change since IPO	-8.45%

Shareholder Returns

	ELMA	RO Electronic	RO Market
7D	0%	-0.5%	-0.7%
1Y	0%	-20.3%	5.7%

Return vs Industry: ELMA exceeded the RO Electronic industry which returned -22.1% over the past year.

Return vs Market: ELMA underperformed the RO Market which returned 7.6% over the past year.

Price Volatility

Is ELMA's price volatile compared to industry and market?
ELMA volatility
ELMA Average Weekly Movement	4.8%
Electronic Industry Average Movement	5.7%
Market Average Movement	3.8%
10% most volatile stocks in RO Market	6.4%
10% least volatile stocks in RO Market	2.7%

Stable Share Price: ELMA is not significantly more volatile than the rest of RO stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ELMA's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1930	385	Eugen Scheusan	https://www.electromagnetica.ro

Electromagnetica S.A. manufactures and sells electrical and electronic equipment in Romania and internationally. The company offers measuring, low voltage, and distribution products, including electricity intelligent metering systems, meters, and distribution equipment; LED lighting equipment; charging equipment for electric vehicles, CFR equipment, and guitar amplifiers for musical instruments; metal and plastic injection parts; tools and molds; plastic injection molds and plastic deformation cold products; automotive parts; rail traffic safety systems; and electric cars charging stations. It is also involved in the subcontracting of electronic, plastic, and metallic products and subassemblies; production and supply of electricity from renewable sources; electrical and mechanical designing; and designing and execution of air or underground electrical installations for civil and industrial construction, as well as provision of installation, commissioning, and technical support services.

Electromagnetica Fundamentals Summary

How do Electromagnetica's earnings and revenue compare to its market cap?
ELMA fundamental statistics
Market Cap	RON87.89m
Earnings (TTM)	-RON15.29m
Revenue (TTM)	RON347.35m

0.3x

P/S Ratio

-5.7x

P/E Ratio

Is ELMA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELMA income statement (TTM)
Revenue	RON347.35m
Cost of Revenue	RON287.05m
Gross Profit	RON60.30m
Other Expenses	RON75.59m
Earnings	-RON15.29m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.023
Gross Margin	17.36%
Net Profit Margin	-4.40%
Debt/Equity Ratio	0%

How did ELMA perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is ELMA 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
Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ELMA. This is calculated by dividing ELMA's market cap by their current preferred multiple.
What is ELMA's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	RON87.89m

ELMA 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/Revenue	0.2x
Enterprise Value/EBITDA	-8.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

ELMA PS Ratio vs Peers

The above table shows the PS ratio for ELMA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	2x
MIKROMB Mikro MSC Berhad	1.6x	n/a	RM79.5m
6276 Antec	0.4x	n/a	NT$521.2m
ACFN Acorn Energy	3x	n/a	US$20.8m
ALNEO Alpha MOS	3.1x	23.8%	€19.2m
ELMA Electromagnetica	0.3x	n/a	RON87.9m

Price-To-Sales vs Peers: ELMA is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2x).

Price to Earnings Ratio vs Industry

How does ELMA's PE Ratio compare vs other companies in the European Electronic Industry?

Price-To-Sales vs Industry: ELMA is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Electronic industry average (1.4x)

Price to Sales Ratio vs Fair Ratio

What is ELMA'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.

ELMA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

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

Share Price vs Fair Value

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

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

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

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 Electromagnetica 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

14.8%

Forecasted Tech 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 Electromagnetica 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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Take a look at our analysis of ELMA’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.

Past Performance

How has Electromagnetica 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

-33.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ELMA is currently unprofitable.

Growing Profit Margin: ELMA is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ELMA is unprofitable, and losses have increased over the past 5 years at a rate of 33.4% per year.

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

Earnings vs Industry: ELMA is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (20.4%).

Return on Equity

High ROE: ELMA has a negative Return on Equity (-4.13%), as it is currently unprofitable.

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Financial Health

How is Electromagnetica's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ELMA's short term assets (RON99.7M) exceed its short term liabilities (RON57.1M).

Long Term Liabilities: ELMA's short term assets (RON99.7M) exceed its long term liabilities (RON28.7M).

Debt to Equity History and Analysis

Debt Level: ELMA has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ELMA's debt to equity ratio has reduced 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: ELMA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ELMA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.3% each year

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Dividend

What is Electromagnetica 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
Cash Flow Coverage

Dividend Yield vs Market

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

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

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

Earnings Payout to Shareholders

Earnings Coverage: ELMA is not paying a notable dividend for the RO market.

Cash Payout to Shareholders

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

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Management

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

CEO

Eugen Scheusan (68 yo)

no data

Tenure

Mr. Eugen Scheusan serves as the President, Chief Executive Officer, Managing Director and General Manager of Electromagnetica SA Bucuresti and served as its General Director. Mr. Eugen Scheusan has been...

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.

Data	Last Updated (UTC time)
Company Analysis	2022/08/10 00:00
End of Day Share Price	2022/08/10 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31