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IMPC

Impact Coatings OM:IMPC Stock Report

Last Price

kr7.19

Market Cap

kr407.0m

7D

-10.0%

1Y

-64.6%

Updated

24 Jun, 2022

Data

Company Financials +
IMPC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

IMPC Stock Overview

Impact Coatings AB (publ) develops and commercializes physical vapor deposition (PVD) surface treatment solutions worldwide.

Impact Coatings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Impact Coatings
Historical stock prices
Current Share Pricekr7.19
52 Week Highkr21.90
52 Week Lowkr6.61
Beta2.37
1 Month Change-18.67%
3 Month Change-30.46%
1 Year Change-64.58%
3 Year Change2.71%
5 Year Change-61.55%
Change since IPO105.43%

Recent News & Updates

May 17
Companies Like Impact Coatings (STO:IMPC) Are In A Position To Invest In Growth

Companies Like Impact Coatings (STO:IMPC) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

IMPCSE MachinerySE Market
7D-10.0%-4.5%-1.3%
1Y-64.6%-23.8%-23.6%

Return vs Industry: IMPC underperformed the Swedish Machinery industry which returned -23.8% over the past year.

Return vs Market: IMPC underperformed the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is IMPC's price volatile compared to industry and market?
IMPC volatility
IMPC Average Weekly Movement8.6%
Machinery Industry Average Movement6.0%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: IMPC is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: IMPC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199741Torbjorn Sandberghttps://www.impactcoatings.com

Impact Coatings AB (publ) develops and commercializes physical vapor deposition (PVD) surface treatment solutions worldwide. The company offers INLINECOATER product line for fuel cell metal bipolar plates, automotive lighting reflectors, metallization on plastic and metal, and decorative coatings. It also provides coating services, including Ceramic MAXPHASE, Ultra MAXPHASE, and Silver MAXPHASE for various applications, such as decorative, fuel cells, electrical connectors, plastic metallization, reflectors, and EMI shielding.

Impact Coatings Fundamentals Summary

How do Impact Coatings's earnings and revenue compare to its market cap?
IMPC fundamental statistics
Market Capkr407.02m
Earnings (TTM)-kr30.33m
Revenue (TTM)kr59.23m

6.9x

P/S Ratio

-13.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IMPC income statement (TTM)
Revenuekr59.23m
Cost of Revenuekr34.46m
Gross Profitkr24.76m
Other Expenseskr55.09m
Earnings-kr30.33m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 19, 2022

Earnings per share (EPS)-0.54
Gross Margin41.81%
Net Profit Margin-51.21%
Debt/Equity Ratio0.0%

How did IMPC perform over the long term?

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

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 IMPC?

Other financial metrics that can be useful for relative valuation.

IMPC 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/Revenue4.8x
Enterprise Value/EBITDA-9.7x
PEG Ration/a

Price to Sales Ratio vs Peers

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

IMPC PS Ratio vs Peers
The above table shows the PS ratio for IMPC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average71.5x

Price-To-Sales vs Peers: IMPC is good value based on its Price-To-Sales Ratio (6.9x) compared to the peer average (71.5x).


Price to Earnings Ratio vs Industry

How does IMPC's PE Ratio compare vs other companies in the Swedish Machinery Industry?

Price-To-Sales vs Industry: IMPC is expensive based on its Price-To-Sales Ratio (6.9x) compared to the Swedish Machinery industry average (2.4x)


Price to Sales Ratio vs Fair Ratio

What is IMPC'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.

IMPC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.9x
Fair PS Ratio5.7x

Price-To-Sales vs Fair Ratio: IMPC is expensive based on its Price-To-Sales Ratio (6.9x) compared to the estimated Fair Price-To-Sales Ratio (5.7x).


Share Price vs Fair Value

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

Below Fair Value: IMPC (SEK7.19) is trading below our estimate of fair value (SEK10.75)

Significantly Below Fair Value: IMPC is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is Impact Coatings 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


71.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: IMPC's revenue (42.4% per year) is forecast to grow faster than the Swedish market (5.6% per year).

High Growth Revenue: IMPC's revenue (42.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IMPC is forecast to be unprofitable in 3 years.


Discover growth companies

Past Performance

How has Impact Coatings 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


-4.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IMPC is currently unprofitable.

Growing Profit Margin: IMPC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IMPC is unprofitable, and losses have increased over the past 5 years at a rate of 4.2% per year.

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

Earnings vs Industry: IMPC is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (46.8%).


Return on Equity

High ROE: IMPC has a negative Return on Equity (-20.1%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Impact Coatings's financial position?

Financial Health Score

5/6

Financial 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: IMPC's short term assets (SEK157.3M) exceed its short term liabilities (SEK21.4M).

Long Term Liabilities: IMPC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: IMPC is debt free.

Reducing Debt: IMPC has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.


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: IMPC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if IMPC 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 Impact Coatings's 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 IMPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


Discover strong dividend paying companies

Management

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

1.4yrs

Average management tenure


CEO

Torbjorn Sandberg (55 yo)

4.08yrs

Tenure

kr2,569,000

Compensation

Mr. Torbjorn Sandberg has been the Chief Executive Officer of Impact Coatings AB (publ) since October 5, 2018. Mr. Sandberg served as an Interim Chief Executive Officer of Impact Coatings AB (publ) since M...


CEO Compensation Analysis

Compensation vs Market: Torbjorn's total compensation ($USD253.69K) is about average for companies of similar size in the Swedish market ($USD228.60K).

Compensation vs Earnings: Torbjorn's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IMPC's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: IMPC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

Impact Coatings AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Impact Coatings AB (publ)
  • Ticker: IMPC
  • Exchange: OM
  • Founded: 1997
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: kr407.019m
  • Shares outstanding: 56.61m
  • Website: https://www.impactcoatings.com

Number of Employees


Location

  • Impact Coatings AB (publ)
  • Westmansgatan 29G
  • Linköping
  • Östergötland County
  • 582 16
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
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.