OM:CAPAC

Stock Analysis Report

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Executive Summary

Capacent Holding AB (publ) provides consulting services to industrial and service companies, B2B and B2C, private equity firms, financial institutions, and public sector entities. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Capacent Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CAPAC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.8%

CAPAC

-2.9%

SE Professional Services

-0.5%

SE Market


1 Year Return

-19.9%

CAPAC

24.1%

SE Professional Services

13.9%

SE Market

Return vs Industry: CAPAC underperformed the Swedish Professional Services industry which returned 24.5% over the past year.

Return vs Market: CAPAC underperformed the Swedish Market which returned 15.2% over the past year.


Shareholder returns

CAPACIndustryMarket
7 Day-2.8%-2.9%-0.5%
30 Day7.4%2.4%2.4%
90 Day46.4%8.5%6.6%
1 Year-19.9%-19.9%24.4%24.1%15.9%13.9%
3 Year3.2%-5.1%65.4%42.9%31.6%17.5%
5 Year27.7%1.4%132.7%88.2%60.3%28.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CAPAC (SEK35) is trading below our estimate of fair value (SEK95.74)

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


Price To Earnings Ratio

PE vs Industry: CAPAC is unprofitable, so we can't compare its PE Ratio to the SE Professional Services industry average.

PE vs Market: CAPAC 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 CAPAC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CAPAC is good value based on its PB Ratio (1.4x) compared to the SE Professional Services industry average (2.4x).


Next Steps

Future Growth

How is Capacent Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

96.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAPAC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: CAPAC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CAPAC's is expected to become profitable in the next 3 years.

Revenue vs Market: CAPAC's revenue is expected to decline over the next 3 years (-8.7% per year).

High Growth Revenue: CAPAC's revenue is forecast to decline over the next 3 years (-8.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CAPAC's Return on Equity is forecast to be low in 3 years time (13.4%).


Next Steps

  • Explore growth companies in the Commercial Services industry.

Past Performance

How has Capacent Holding performed over the past 5 years?

-34.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAPAC is currently unprofitable.

Growing Profit Margin: CAPAC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CAPAC is unprofitable, and losses have increased over the past 5 years at a rate of 34.9% per year.

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

Earnings vs Industry: CAPAC is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-13.9%).


Return on Equity

High ROE: CAPAC has a negative Return on Equity (-50.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is Capacent Holding's financial position?


Financial Position Analysis

Short Term Liabilities: CAPAC's short term assets (SEK41.4M) do not cover its short term liabilities (SEK47.9M).

Long Term Liabilities: CAPAC's short term assets (SEK41.4M) exceed its long term liabilities (SEK3.8M).


Debt to Equity History and Analysis

Debt Level: CAPAC is debt free.

Reducing Debt: CAPAC has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.

Debt Coverage: CAPAC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CAPAC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Capacent Holding current dividend yield, its reliability and sustainability?

5.05%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CAPAC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CAPAC is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CAPAC'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?

1.8yrs

Average board tenure


CEO

Edvard Björkenheim (50 yo)

no data

Tenure

kr1,741,000

Compensation

Mr. Edvard Björkenheim serves as Chief Executive Officer at Capacent Holding AB (publ) and has been it's President. He was Group Managing Director at since 2014. Mr. Björkenheim has been Managing Director ...


CEO Compensation Analysis

Compensation vs Market: Edvard's total compensation ($USD198.65K) is about average for companies of similar size in the Swedish market ($USD232.43K).

Compensation vs Earnings: Edvard's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Cecilia Lager
Independent Director4.58yrskr125.00k0.22%
SEK 213.0k
Joakim Hörwing
Chairman of the Board1.75yrskr1.02m11.24%
SEK 10.8m
Per Lindholm
Independent Director8.75yrskr125.00k0.79%
SEK 763.2k
Anna Gernandt
Director1.75yrskr83.00kno data
Ilgi Duran
Independent Director1.75yrskr83.00kno data

1.8yrs

Average Tenure

55yo

Average Age

Experienced Board: CAPAC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CAPAC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Capacent Holding AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Capacent Holding AB (publ)
  • Ticker: CAPAC
  • Exchange: OM
  • Founded:
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: kr96.404m
  • Shares outstanding: 2.72m
  • Website: https://capacent.com

Number of Employees


Location

  • Capacent Holding AB (publ)
  • Hamngatan 15
  • PO Box 7715
  • Stockholm
  • Stockholm County
  • 103 95
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CAPACOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKOct 2015

Biography

Capacent Holding AB (publ) provides consulting services to industrial and service companies, B2B and B2C, private equity firms, financial institutions, and public sector entities. Its services include stra ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 20:39
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
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.