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.

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

3.7%

LLSW B

1.2%

SE Electrical

2.9%

SE Market


1 Year Return

3.4%

LLSW B

6.4%

SE Electrical

9.0%

SE Market

Return vs Industry: LLSW B underperformed the Swedish Electrical industry which returned 6.4% over the past year.

Return vs Market: LLSW B underperformed the Swedish Market which returned 9% over the past year.


Share holder returns

LLSW BIndustryMarket
7 Day3.7%1.2%2.9%
30 Day-18.0%6.0%-0.4%
90 Day-13.8%-4.2%0.3%
1 Year3.4%3.4%17.2%6.4%13.7%9.0%
3 Year-62.2%-66.1%16.1%-8.5%30.5%11.1%
5 Year-69.7%-75.3%57.3%28.9%66.0%30.7%

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?

0.93x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate LLSW B's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate LLSW B's fair value to establish if it is undervalued.


Price Based on Earnings

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

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


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: LLSW B is good value based on its PB Ratio (0.9x) compared to the SE Electrical industry average (4.1x).


Next Steps

Future Growth

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

23.2%

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?

-13.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LLSW B is unprofitable, and losses have increased over the past 5 years at a rate of -13.9% per year.

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

Earnings vs Industry: LLSW B is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (9.3%).


Return on Equity

High ROE: LLSW B has a negative Return on Equity (-29.81%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: LLSW B is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: LLSW B is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is LightLab Sweden's financial position?


Financial Position Analysis

Short Term Liabilities: LLSW B's short term assets (SEK18.6M) exceeds its short term liabilities (SEK6.7M)

Long Term Liabilities: LLSW B's short term assets (18.6M) exceeds its long term liabilities (13.2M)


Debt to Equity History and Analysis

Debt Level: LLSW B's debt to equity ratio (14%) is considered satisfactory

Reducing Debt: LLSW B's debt to equity ratio has increased from 1.1% to 14% over the past 5 years.


Balance Sheet

Inventory Level: LLSW B has a low level of unsold assets or inventory.

Debt Coverage by Assets: LLSW B's debt is covered by short term assets (assets are 1.411350x 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.

Stable Cash Runway: LLSW B has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LLSW B has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.3% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.8%markettop25%4.8%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate LLSW B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LLSW B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if LLSW B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LLSW B'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 LLSW B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Rune Torbjörnsen (55yo)

0.8yrs

Tenure

0

Mr. Rune Torbjörnsen is CEO and Group President at LightLab Sweden AB since 2019. He is Board Member of LightLab Operations AB, Bright Europe AB, ÅWL Arkitekter AB, ÅWL Intressenter AB, deputy Torbjörnsen  ...


Management Age and Tenure

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: LLSW B's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

4.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: LLSW B's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Johan Tingsborg (58yo)

    COO & VP

    • Tenure: 0.8yrs
    • Compensation: kr1.57m
  • Jonas Tirén (59yo)

    VP & CTO

    • Tenure: 8.8yrs
  • Niclas Gavelin (45yo)

    Chief Financial Officer

    • Tenure: 4.8yrs
  • Björn Gustavsson (55yo)

    Sales Manager

    • Tenure: 1.8yrs
  • Rune Torbjörnsen (55yo)

    CEO & Group President

    • Tenure: 0.8yrs

Board Members

  • Anders Frisk (52yo)

    Chairman of the Board

    • Tenure: 0.8yrs
  • Tove Langlet (54yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: kr100.00k
  • Håkan Wallin (57yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: kr137.00k
  • Göran Seifert (70yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: kr348.00k
  • Lennart Nilsson

    Director

    • Tenure: 0.8yrs

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: kr87.989m
  • 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 Analysis2019/10/12 22:17
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
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.

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