FlexQube AB (publ) provides flexible and robust industrial carts for material handling in Europe and North America.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has FlexQube's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLEXQ's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FLEXQ underperformed the Swedish Machinery industry which returned 20.6% over the past year.
Return vs Market: FLEXQ underperformed the Swedish Market which returned 8.5% over the past year.
Price Volatility Vs. Market
How volatile is FlexQube's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs FlexQube (STO:FLEXQ) In A Good Position To Invest In Growth?
2 months ago | Simply Wall StDid Changing Sentiment Drive FlexQube's (STO:FLEXQ) Share Price Down A Worrying 66%?
3 months ago | Simply Wall StDo Institutions Own FlexQube AB (publ) (STO:FLEXQ) Shares?
Is FlexQube undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FLEXQ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FLEXQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FLEXQ is unprofitable, so we can't compare its PE Ratio to the SE Machinery industry average.
PE vs Market: FLEXQ 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 FLEXQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FLEXQ is overvalued based on its PB Ratio (3.6x) compared to the SE Machinery industry average (2.8x).
How is FlexQube forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 FlexQube 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.
- Examine FlexQube's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- FlexQube competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has FlexQube performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLEXQ is currently unprofitable.
Growing Profit Margin: FLEXQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FLEXQ is unprofitable, and losses have increased over the past 5 years at a rate of 62.4% per year.
Accelerating Growth: Unable to compare FLEXQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FLEXQ is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-7.2%).
Return on Equity
High ROE: FLEXQ has a negative Return on Equity (-31.44%), as it is currently unprofitable.
How is FlexQube's financial position?
Financial Position Analysis
Short Term Liabilities: FLEXQ's short term assets (SEK69.9M) exceed its short term liabilities (SEK25.0M).
Long Term Liabilities: FLEXQ's short term assets (SEK69.9M) exceed its long term liabilities (SEK886.0K).
Debt to Equity History and Analysis
Debt Level: FLEXQ is debt free.
Reducing Debt: FLEXQ had no debt 5 years ago.
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: FLEXQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FLEXQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.1% each year
What is FlexQube current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FLEXQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FLEXQ'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 FLEXQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FLEXQ'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 FLEXQ's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Anders Fogelberg (39yo)
Mr. Anders Fogelberg is a Co-Founder of FlexQube AB (publ) and serves as its Chief Executive Officer since 2013. Mr. Fogelberg has a Masters of Science in Mechanical Engineering & a bachelor's degree in in ...
|Co-Founder||8.5yrs||no data||19.62% SEK45.1m|
|Independent Chairman of the Board||no data||kr250.00k||1.08% SEK2.5m|
|Independent Director||3.5yrs||kr150.00k||0.94% SEK2.2m|
|Director||0.17yr||no data||no data|
|Co-Founder & Director||8.5yrs||no data||26.17% SEK60.1m|
Experienced Board: FLEXQ's board of directors are considered experienced (6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FlexQube AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: FlexQube AB (publ)
- Ticker: FLEXQ
- Exchange: OM
- Founded: 2010
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr229.690m
- Shares outstanding: 7.43m
- Website: https://www.flexqube.com
Number of Employees
- FlexQube AB (publ)
- Kungsgatan 28
- Västra Götaland County
- 411 19
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FLEXQ||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Dec 2017|
FlexQube AB (publ) provides flexible and robust industrial carts for material handling in Europe and North America. It offers carts, such as pallet and container, shelf, flow, hanging, mother-daughter, and kit carts and specialized solutions, as well as parts comprising standard building blocks, casters, fasteners/hardware, handle bars, tow bar components, attachments, shelves, tools, springs, pallet guides, rollers, and pallet changing system components. The company also provides eQart, a smart and motorized cart. Its customers include manufacturers of commercial vehicles, cars, construction and industrial machinery, wind turbines and other energy related products, defense and medical equipment, and appliances and electronics; goods storage and distribution customers; and subcontractors to the automobile industry. The company was founded in 2010 and is headquartered in Gothenburg, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/15 20:54|
|End of Day Share Price||2020/07/15 00:00|
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.