OM:LLSW B

Stock Analysis Report

Executive Summary

LightLab Sweden AB develops, markets, and licenses UV light sources and lamp systems in Sweden.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • LightLab Sweden has significant price volatility in the past 3 months.
  • LightLab Sweden is not covered by any analysts.

Share Price & News

How has LightLab Sweden's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.2%

OM:LLSW B

2.1%

SE Electrical

0.6%

SE Market


1 Year Return

-6.9%

OM:LLSW B

-1.7%

SE Electrical

-3.5%

SE Market

LLSW B underperformed the Electrical industry which returned -1.7% over the past year.

LLSW B underperformed the Market in Sweden which returned -3.5% over the past year.


Share holder returns

LLSW BIndustryMarket
7 Day-6.2%2.1%0.6%
30 Day-5.2%-5.1%-4.8%
90 Day-21.1%-4.0%-0.5%
1 Year-6.9%-6.9%9.4%-1.7%0.7%-3.5%
3 Year-67.1%-70.5%8.5%-18.6%23.7%5.1%
5 Year-74.1%-81.7%42.7%15.9%45.1%14.5%

Price Volatility Vs. Market

How volatile is LightLab Sweden's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LightLab Sweden undervalued based on future cash flows and its price relative to the stock market?

0.94x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for LightLab Sweden to establish if it is available at moderate discount.

Unable to calculate intrinsic value for LightLab Sweden to establish if it is available at substantial discount.


Price Based on Earnings

LightLab Sweden is loss making, we can't compare its value to the SE Electrical industry average.

LightLab Sweden is loss making, we can't compare the value of its earnings to the Sweden market.


Price Based on Expected Growth

Unable to calculate PEG ratio for LightLab Sweden, we can't assess if its growth is good value.


Price Based on Value of Assets

LightLab Sweden is good value based on assets compared to the SE Electrical industry average.


Next Steps

Future Growth

How is LightLab Sweden expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.6%

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 LightLab Sweden 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.


Next Steps

Past Performance

How has LightLab Sweden performed over the past 5 years?

-9.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

LightLab Sweden does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare LightLab Sweden's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare LightLab Sweden's 1-year growth to the SE Electrical industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if LightLab Sweden has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if LightLab Sweden has efficiently used its assets last year compared to the SE Electrical industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if LightLab Sweden improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is LightLab Sweden's financial position?


Financial Position Analysis

LightLab Sweden is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

LightLab Sweden's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

LightLab Sweden's level of debt (3.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (1% vs 3.3% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 5.4x debt.


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.

LightLab Sweden has less than a year of cash runway based on current free cash flow.

LightLab Sweden has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.2% each year.


Next Steps

Dividend

What is LightLab Sweden's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate LightLab Sweden's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate LightLab Sweden's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as LightLab Sweden has not reported any payouts.

Unable to verify if LightLab Sweden's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as LightLab Sweden has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of LightLab Sweden's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Johan Tingsborg (58yo)

4.6yrs

Tenure

kr1,567,000

Compensation

Mr. Johan Tingsborg has been Chief Executive Officer and President of LightLab Sweden AB since 2015 and served as its Vice President of Business Development. Mr. Tingsborg joined Ericsson as an analog IC d ...


CEO Compensation Analysis

Johan's remuneration is lower than average for companies of similar size in Sweden.

Johan's compensation has increased whilst company is loss making.


Management Age and Tenure

4.6yrs

Average Tenure

55yo

Average Age

The tenure for the LightLab Sweden management team is about average.


Board Age and Tenure

4.6yrs

Average Tenure

55.5yo

Average Age

The tenure for the LightLab Sweden board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Johan Tingsborg (58yo)

    CEO & President

    • Tenure: 4.6yrs
    • Compensation: kr1.57m
  • Jonas Tirén (59yo)

    VP & CTO

    • Tenure: 8.6yrs
  • Niclas Gavelin (45yo)

    Chief Financial Officer

    • Tenure: 4.6yrs
  • Håkan Oppagård (41yo)

    Operations Manager

    • Tenure: 1.6yrs
  • Björn Gustavsson (55yo)

    Sales Manager

    • Tenure: 1.6yrs

Board Members

  • Anders Frisk (52yo)

    Chairman of the Board

    • Tenure: 0.6yrs
  • Tove Langlet (54yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: kr100.00k
  • Håkan Wallin (57yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: kr137.00k
  • Göran Seifert (70yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: kr348.00k
  • Lennart Nilsson

    Director

    • Tenure: 0.6yrs

Company Information

LightLab Sweden AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LightLab Sweden AB
  • Ticker: LLSW B
  • Exchange: OM
  • Founded:
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: kr95.845m
  • Shares outstanding: 26.19m
  • Website: https://www.lightlab.com

Location

  • LightLab Sweden AB
  • Uppsala Business Park
  • Uppsala
  • Uppsala County
  • 754 50
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LLSW BOM (OMX Nordic Exchange Stockholm)YesSeries B SharesSESEKApr 2009
LS0BST (Boerse-Stuttgart)YesSeries B SharesDEEURApr 2009
LLSW BOM (OMX Nordic Exchange Stockholm)SER'B'NPV (POST SPLIT)SESEKMay 2018

Biography

LightLab Sweden AB develops, markets, and licenses UV light sources and lamp systems in Sweden. It provides EEE light technology to various customers in the lighting market. The company’s technology focuse ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 21:24
End of Day Share Price2019/08/23 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.