Climeon (OM:CLIME B) - Share price, News & Analysis

CLIME B fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

CLIME B Stock Overview

Climeon AB (publ) provides heat power systems in Sweden, rest of Europe, and Asia.

Rewards

Revenue is forecast to grow 44.79% per year

Risk Analysis

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

+ 2 more risks

Climeon Competitors

Ormat Technologies

NYSE:ORA

US$4.3b

Price History & Performance

Summary of all time highs, changes and price drops for Climeon
Historical stock prices
Current Share Price	kr9.72
52 Week High	kr33.90
52 Week Low	kr7.26
Beta	1.02
1 Month Change	-31.65%
3 Month Change	-9.67%
1 Year Change	-70.55%
3 Year Change	-90.30%
5 Year Change	n/a
Change since IPO	-78.26%

Shareholder Returns

	CLIME B	SE Electrical	SE Market
7D	-1.8%	2.5%	0.3%
1Y	-70.5%	-17.9%	-8.8%

Return vs Industry: CLIME B underperformed the Swedish Electrical industry which returned -17.9% over the past year.

Return vs Market: CLIME B underperformed the Swedish Market which returned -12.7% over the past year.

Price Volatility

Is CLIME B's price volatile compared to industry and market?
CLIME B volatility
CLIME B Average Weekly Movement	11.8%
Electrical Industry Average Movement	9.7%
Market Average Movement	7.9%
10% most volatile stocks in SE Market	13.0%
10% least volatile stocks in SE Market	4.9%

Stable Share Price: CLIME B is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 12% a week.

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

About the Company

Founded	Employees	CEO	Website
2011	45	Lena Sundquist	https://www.climeon.com

Climeon AB (publ) provides heat power systems in Sweden, rest of Europe, and Asia. The company's Heat Power System technology harnesses low temperature geothermal energy and energy in waste heat emitted from engines and industrial processes to generate electricity. It also offers Climeon Live software, which is a cloud-based monitoring and control system that that allows multiple power plants to be monitored and controlled remotely; and consulting and support services for the Heat Power System.

Climeon Fundamentals Summary

How do Climeon's earnings and revenue compare to its market cap?
CLIME B fundamental statistics
Market Cap	kr577.76m
Earnings (TTM)	-kr152.96m
Revenue (TTM)	kr39.20m

14.7x

P/S Ratio

-3.8x

P/E Ratio

Is CLIME B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLIME B income statement (TTM)
Revenue	kr39.20m
Cost of Revenue	kr31.49m
Gross Profit	kr7.71m
Other Expenses	kr160.67m
Earnings	-kr152.96m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 19, 2022

Earnings per share (EPS)	-2.57
Gross Margin	19.66%
Net Profit Margin	-390.25%
Debt/Equity Ratio	10.0%

How did CLIME B perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

1.81x

Price to Book (PB) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

PE vs Industry: CLIME B is unprofitable, so we can't compare its PE Ratio to the Swedish Electrical industry average.

PE vs Market: CLIME B is unprofitable, so we can't compare its PE Ratio to the Swedish market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: CLIME B is good value based on its PB Ratio (1.8x) compared to the SE Electrical industry average (2.7x).

Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

17.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLIME B is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CLIME B is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CLIME B is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CLIME B's revenue (44.8% per year) is forecast to grow faster than the Swedish market (5.8% per year).

High Growth Revenue: CLIME B's revenue (44.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CLIME B's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Climeon 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

-19.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CLIME B is currently unprofitable.

Growing Profit Margin: CLIME B is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: CLIME B is unprofitable, and losses have increased over the past 5 years at a rate of 19.3% per year.

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

Earnings vs Industry: CLIME B is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (52.9%).

Return on Equity

High ROE: CLIME B has a negative Return on Equity (-47.83%), as it is currently unprofitable.

Financial Health

How is Climeon's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

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

Financial Position Analysis

Short Term Liabilities: CLIME B's short term assets (SEK247.9M) exceed its short term liabilities (SEK155.2M).

Long Term Liabilities: CLIME B's short term assets (SEK247.9M) exceed its long term liabilities (SEK32.1M).

Debt to Equity History and Analysis

Debt Level: CLIME B has more cash than its total debt.

Reducing Debt: CLIME B's debt to equity ratio has reduced from 30.3% to 10% 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: CLIME B has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CLIME B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20% each year

Dividend

What is Climeon 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 CLIME B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if CLIME B'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 CLIME B has not reported any payouts.

Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure

CEO

Lena Sundquist (46 yo)

0.75

Tenure

kr1,787,000

Compensation

Ms. Lena Sundquist serves as Chief Executive Officer at Climeon AB (publ) since August 1, 2021. Ms. Sundquist has extensive experience of leading positions in innovation, business development, sales and ma...

CEO Compensation Analysis

Compensation vs Market: Lena's total compensation ($USD179.37K) is about average for companies of similar size in the Swedish market ($USD226.37K).

Compensation vs Earnings: Insufficient data to compare Lena's compensation with company performance.

Leadership Team

Experienced Management: CLIME B's management team is considered experienced (2.8 years average tenure).

Board Members

Experienced Board: CLIME B's board of directors are considered experienced (3.9 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.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.2%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31