OM:SOLT

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SolTech Energy Sweden

Executive Summary

SolTech Energy Sweden AB (publ) develops, installs, and sells energy and solar cell solutions for residential and multi-unit buildings, industrial and commercial properties, and public sectors in Sweden, China, and internationally.


Snowflake Analysis

Limited growth and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SOLT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.2%

SOLT

7.8%

SE Electrical

2.5%

SE Market


1 Year Return

-44.9%

SOLT

23.8%

SE Electrical

7.5%

SE Market

Return vs Industry: SOLT underperformed the Swedish Electrical industry which returned 25% over the past year.

Return vs Market: SOLT underperformed the Swedish Market which returned 7.7% over the past year.


Shareholder returns

SOLTIndustryMarket
7 Day3.2%7.8%2.5%
30 Day-1.4%14.1%1.1%
90 Day-2.0%30.3%17.6%
1 Year-44.9%-44.9%25.3%23.8%9.1%7.5%
3 Year47.5%30.4%10.0%-2.2%19.7%6.9%
5 Year123.2%96.0%143.7%103.9%38.4%11.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is SolTech Energy Sweden undervalued compared to its fair value and its price relative to the market?

3.37x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SOLT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SOLT's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SOLT is good value based on its PB Ratio (3.4x) compared to the SE Electrical industry average (5x).


Next Steps

Future Growth

How is SolTech Energy Sweden forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

38.8%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SOLT's forecast earnings growth is above the savings rate (0.5%).

Earnings vs Market: Insufficient data to determine if SOLT's earnings are forecast to grow faster than the Swedish market

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

Revenue vs Market: SOLT's revenue (38.8% per year) is forecast to grow faster than the Swedish market (6.2% per year).

High Growth Revenue: SOLT's revenue (38.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SOLT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has SolTech Energy Sweden performed over the past 5 years?

-13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOLT is currently unprofitable.

Growing Profit Margin: SOLT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SOLT is unprofitable, and losses have increased over the past 5 years at a rate of -13.1% per year.

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

Earnings vs Industry: SOLT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-14.6%).


Return on Equity

High ROE: SOLT has a negative Return on Equity (-7.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is SolTech Energy Sweden's financial position?


Financial Position Analysis

Short Term Liabilities: SOLT's short term assets (SEK176.9M) exceed its short term liabilities (SEK150.3M).

Long Term Liabilities: SOLT's short term assets (SEK176.9M) do not cover its long term liabilities (SEK943.4M).


Debt to Equity History and Analysis

Debt Level: SOLT's debt to equity ratio (208.5%) is considered high.

Reducing Debt: SOLT's debt to equity ratio has increased from 2% to 208.5% over the past 5 years.


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: SOLT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SOLT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 69.3% each year


Next Steps

Dividend

What is SolTech Energy Sweden current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Stefan Ölander (56yo)

2.5yrs

Tenure

kr2,538,000

Compensation

Mr. Stefan Ölander was the Founder of Rewir, Swedens leading branding agency. Mr. Ölander serves as the Chairman of the Board at Advanced SolTech Sweden AB (publ). Mr. Ölander served as Communications Dire ...


CEO Compensation Analysis

Compensation vs Market: Stefan's total compensation ($USD275.03K) is about average for companies of similar size in the Swedish market ($USD232.98K).

Compensation vs Earnings: Stefan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Ölander
CEO & Director2.5yrskr2.54mno data
Niclas Lundin
Chief Financial Officer0.33yrno datano data
Josefin Sollander
Head of communication0.33yrno datano data

0.3yrs

Average Tenure

Experienced Management: SOLT's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Stefan Ölander
CEO & Director2.5yrskr2.54mno data
Frederic Telander
Chairman of the Board2.5yrskr1.66m2.61% SEK22.3m
Göran Starkebo
Non Executive Director12.5yrskr100.00k0.0022% SEK18.5k
Ninna Engberg
Director8.5yrskr100.00kno data

9.0yrs

Average Tenure

56yo

Average Age

Experienced Board: SOLT's board of directors are considered experienced (9 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SolTech Energy Sweden AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SolTech Energy Sweden AB (publ)
  • Ticker: SOLT
  • Exchange: OM
  • Founded: 2006
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: kr854.771m
  • Shares outstanding: 54.86m
  • Website: https://www.soltechenergy.com

Location

  • SolTech Energy Sweden AB (publ)
  • Tegnérgatan 1
  • Stockholm
  • Stockholm County
  • 111 40
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOLTOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJun 2015
7STDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2015

Biography

SolTech Energy Sweden AB (publ) develops, installs, and sells energy and solar cell solutions for residential and multi-unit buildings, industrial and commercial properties, and public sectors in Sweden, China, and internationally. It offers SolTech RooF and Soltech ShingEl, a roofing tiles with integrated solar cells; Soltech Façade, a solar cell facade; and surface-mounted solar panels. The company also undertakes sheet-metal works. SolTech Energy Sweden AB (publ) was founded in 2006 and is based in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/08 20:56
End of Day Share Price2020/07/08 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.