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NETE

Netel Holding OM:NETEL Stock Report

Last Price

kr42.85

Market Cap

kr2.0b

7D

-1.5%

1Y

n/a

Updated

28 May, 2022

Data

Company Financials +
NETEL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends0/6

NETEL Stock Overview

Netel Holding AB provides full Infranet services within mobile, fixed, and power networks in Sweden, Norway, Finland, and Germany.

Netel Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Netel Holding
Historical stock prices
Current Share Pricekr42.85
52 Week Highkr53.60
52 Week Lowkr35.95
Beta0
1 Month Change-2.39%
3 Month Change-6.95%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.54%

Recent News & Updates

Shareholder Returns

NETELSE ConstructionSE Market
7D-1.5%2.4%3.0%
1Yn/a-25.3%-11.3%

Return vs Industry: Insufficient data to determine how NETEL performed against the Swedish Construction industry.

Return vs Market: Insufficient data to determine how NETEL performed against the Swedish Market.

Price Volatility

Is NETEL's price volatile compared to industry and market?
NETEL volatility
NETEL Average Weekly Movement4.9%
Construction Industry Average Movement6.6%
Market Average Movement7.6%
10% most volatile stocks in SE Market12.6%
10% least volatile stocks in SE Market4.8%

Stable Share Price: NETEL is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NETEL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000737Ove Bergkvisthttps://www.netelgroup.com

Netel Holding AB provides full Infranet services within mobile, fixed, and power networks in Sweden, Norway, Finland, and Germany. It provides Infranet project management services for the construction and maintenance of physical telecom, broadband, and power networks. The company is involved in the planning, permit management, construction, installation, roll-out, commissioning, and integration of mobile and data network systems; preparation, planning, maintenance, upgrade, and roll-out of fiber networks and coaxial networks, urban communication networks, and broadband outlets; and preparation, planning, maintenance, and roll-out of power networks, including stations, ground and overhead power distribution lines, high voltage cables, smart meters, and EV chargers, and street lighting.

Netel Holding Fundamentals Summary

How do Netel Holding's earnings and revenue compare to its market cap?
NETEL fundamental statistics
Market Capkr2.04b
Earnings (TTM)kr63.00m
Revenue (TTM)kr2.61b

32.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NETEL income statement (TTM)
Revenuekr2.61b
Cost of Revenuekr1.67b
Gross Profitkr940.00m
Other Expenseskr877.00m
Earningskr63.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 25, 2022

Earnings per share (EPS)1.33
Gross Margin36.00%
Net Profit Margin2.41%
Debt/Equity Ratio75.9%

How did NETEL perform over the long term?

See historical performance and comparison

Valuation

Is Netel Holding undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: NETEL (SEK42.85) is trading below our estimate of fair value (SEK109.78)

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


Price To Earnings Ratio

PE vs Industry: NETEL is poor value based on its Price-To-Earnings Ratio (32.3x) compared to the Swedish Construction industry average (26.4x).

PE vs Market: NETEL is poor value based on its Price-To-Earnings Ratio (32.3x) compared to the Swedish market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: NETEL is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: NETEL is good value based on its Price-To-Book Ratio (2.1x) compared to the SE Construction industry average (2.3x).


Future Growth

How is Netel Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NETEL's forecast earnings growth (28.6% per year) is above the savings rate (0.3%).

Earnings vs Market: NETEL's earnings (28.6% per year) are forecast to grow faster than the Swedish market (9.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NETEL's revenue (14% per year) is forecast to grow faster than the Swedish market (5.9% per year).

High Growth Revenue: NETEL's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NETEL's Return on Equity is forecast to be low in 3 years time (17%).


Past Performance

How has Netel Holding performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.2%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: NETEL has high quality earnings.

Growing Profit Margin: NETEL's current net profit margins (2.4%) are lower than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if NETEL's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare NETEL's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: NETEL earnings growth over the past year (5.2%) underperformed the Construction industry 9.3%.


Return on Equity

High ROE: NETEL's Return on Equity (6.5%) is considered low.


Financial Health

How is Netel Holding's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NETEL's short term assets (SEK974.0M) exceed its short term liabilities (SEK554.0M).

Long Term Liabilities: NETEL's short term assets (SEK974.0M) exceed its long term liabilities (SEK810.0M).


Debt to Equity History and Analysis

Debt Level: NETEL's net debt to equity ratio (57.3%) is considered high.

Reducing Debt: Insufficient data to determine if NETEL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NETEL's debt is not well covered by operating cash flow (1.5%).

Interest Coverage: NETEL's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

What is Netel Holding 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


3.76%

Forecast Dividend Yield

Dividend Yield vs Market

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

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

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


Discover strong dividend paying companies

Management

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

4.8yrs

Average management tenure


CEO

Ove Bergkvist (53 yo)

5.33yrs

Tenure

Mr. Ove Bergkvist serves as Chief Executive Officer of Netel Holding AB since 2017 and also serves as its Country Manager Sweden and has been its President. He serves as Industrial Advisor at Segulah Advis...


Leadership Team

Experienced Management: NETEL's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: NETEL's board of directors are considered experienced (5.8 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: NETEL only recently listed within the past 12 months.


Top Shareholders

Company Information

Netel Holding AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Netel Holding AB (publ)
  • Ticker: NETEL
  • Exchange: OM
  • Founded: 2000
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: kr2.035b
  • Shares outstanding: 47.50m
  • Website: https://www.netelgroup.com

Number of Employees


Location

  • Netel Holding AB (publ)
  • Fågelviksvägen 9
  • Floor 7
  • Stockholm
  • Stockholm County
  • 145 84
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/28 00:00
End of Day Share Price2022/05/27 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.