INVISIO Communications AB (publ) develops and sells personal communication and hearing protection systems for professionals in the defense and security sectors in Sweden, rest of Europe, North America, and internationally.
Flawless balance sheet with solid track record.
Share Price & News
How has INVISIO Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IVSO's share price has been volatile over the past 3 months.
7 Day Return
SE Aerospace & Defense
1 Year Return
SE Aerospace & Defense
Return vs Industry: IVSO exceeded the Swedish Aerospace & Defense industry which returned -33.6% over the past year.
Return vs Market: IVSO exceeded the Swedish Market which returned -10.2% over the past year.
Price Volatility Vs. Market
How volatile is INVISIO Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Does INVISIO Communications's (STO:IVSO) P/E Compare To Its Industry, After The Share Price Drop?
3 weeks ago | Simply Wall StINVISIO Communications's (STO:IVSO) Wonderful 743% Share Price Increase Shows How Capitalism Can Build Wealth
1 month ago | Simply Wall StINVISIO Communications AB (publ) Analysts Are Pretty Bullish On The Stock After Recent Results
Is INVISIO Communications undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IVSO (SEK103) is trading below our estimate of fair value (SEK182.64)
Significantly Below Fair Value: IVSO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IVSO is poor value based on its PE Ratio (44.7x) compared to the Aerospace & Defense industry average (21.2x).
PE vs Market: IVSO is poor value based on its PE Ratio (44.7x) compared to the Swedish market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: IVSO is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: IVSO is overvalued based on its PB Ratio (12.4x) compared to the SE Aerospace & Defense industry average (1.2x).
How is INVISIO Communications forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IVSO's forecast earnings growth (24.8% per year) is above the savings rate (-0.4%).
Earnings vs Market: IVSO's earnings (24.8% per year) are forecast to grow faster than the Swedish market (7.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IVSO's revenue (19.3% per year) is forecast to grow faster than the Swedish market (4.1% per year).
High Growth Revenue: IVSO's revenue (19.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IVSO's Return on Equity is forecast to be high in 3 years time (33.4%)
How has INVISIO Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVSO has high quality earnings.
Growing Profit Margin: IVSO's current net profit margins (19.8%) are higher than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: IVSO's earnings have declined by -0.4% per year over the past 5 years.
Accelerating Growth: IVSO's earnings growth over the past year (110.8%) exceeds its 5-year average (-0.4% per year).
Earnings vs Industry: IVSO earnings growth over the past year (110.8%) exceeded the Aerospace & Defense industry 9.5%.
Return on Equity
High ROE: IVSO's Return on Equity (27.8%) is considered high.
How is INVISIO Communications's financial position?
Financial Position Analysis
Short Term Liabilities: IVSO's short term assets (SEK361.7M) exceed its short term liabilities (SEK81.3M).
Long Term Liabilities: IVSO's short term assets (SEK361.7M) exceed its long term liabilities (SEK32.4M).
Debt to Equity History and Analysis
Debt Level: IVSO is debt free.
Reducing Debt: IVSO has no debt compared to 5 years ago when its debt to equity ratio was 44.1%.
Debt Coverage: IVSO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IVSO has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: IVSO has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if IVSO's debt is covered by short term assets.
What is INVISIO Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: IVSO's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (2.12%).
High Dividend: IVSO's dividend (0.83%) is low compared to the top 25% of dividend payers in the Swedish market (6.54%).
Stability and Growth of Payments
Stable Dividend: IVSO is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.
Growing Dividend: IVSO is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: IVSO is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IVSO'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 management tenure
Lars Hansen (56yo)
Mr. Lars Højgård Hansen has been the Chief Executive Officer of INVISIO Communications AB (formerly Invisio Headsets AB) since July 2007 and serves as its President since 2007. Mr. Hojgard served as Head o ...
CEO Compensation Analysis
Compensation vs Market: Lars's total compensation ($USD352.10K) is below average for companies of similar size in the Swedish market ($USD662.04K).
Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.
|President & CEO||12.67yrs||kr3.50m||1.19% SEK54.2m|
|Chief Financial Officer||7.92yrs||no data||0.55% SEK24.8m|
|Senior Vice President of R&D||3.25yrs||no data||0.13% SEK5.8m|
|Senior Vice President of Operations||1.5yrs||no data||0.020% SEK927.1k|
|Vice President of Marketing & Communications||no data||no data||no data|
|Senior Vice President of Global Sales & Marketing||11.83yrs||no data||0.0069% SEK314.8k|
|Senior Vice President of Product Management & Marketing||2.17yrs||no data||0.0068% SEK308.9k|
|Senior Vice President of Sales - North America||1.17yrs||no data||no data|
Experienced Management: IVSO's management team is considered experienced (3.3 years average tenure).
|Independent Director||1.92yrs||kr100.00k||no data|
|Director||0.83yr||no data||no data|
|Independent Chairman of the Board||0.83yr||kr200.00k||0.050% SEK2.3m|
|Independent Director||6.17yrs||kr200.00k||no data|
|Independent Director||1.92yrs||kr100.00k||no data|
Experienced Board: IVSO's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IVSO insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
INVISIO Communications AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: INVISIO Communications AB (publ)
- Ticker: IVSO
- Exchange: OM
- Founded: 1999
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: kr4.542b
- Shares outstanding: 44.10m
- Website: https://www.invisio.com
Number of Employees
- INVISIO Communications AB (publ)
- Box 151
- Skåne County
- 201 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IVSO||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||May 2006|
|0R86||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||May 2006|
|IVSOS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||May 2006|
|ICQ||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2006|
INVISIO Communications AB (publ) develops and sells personal communication and hearing protection systems for professionals in the defense and security sectors in Sweden, rest of Europe, North America, and internationally. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its products are used in high noise, hearing protection, and submersible applications. INVISIO Communications AB (publ) markets and sells its products through partners and resellers. The company was formerly known as INVISIO Headsets AB (publ.) and changed its name to INVISIO Communications AB (publ) in June 2010. INVISIO Communications AB (publ) was founded in 1999 and is based in Malmö, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 21:13|
|End of Day Share Price||2020/03/27 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.