EWRK Stock Overview
Ework Group AB (publ) operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Denmark, Norway, Finland, and Poland.
Ework Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr86.70|
|52 Week High||kr138.00|
|52 Week Low||kr86.10|
|1 Month Change||-17.74%|
|3 Month Change||-28.93%|
|1 Year Change||-22.03%|
|3 Year Change||26.94%|
|5 Year Change||-19.35%|
|Change since IPO||95.71%|
Recent News & Updates
|EWRK||SE Professional Services||SE Market|
Return vs Industry: EWRK exceeded the Swedish Professional Services industry which returned -38.2% over the past year.
Return vs Market: EWRK exceeded the Swedish Market which returned -27.4% over the past year.
|EWRK Average Weekly Movement||5.4%|
|Professional Services Industry Average Movement||5.9%|
|Market Average Movement||7.0%|
|10% most volatile stocks in SE Market||11.8%|
|10% least volatile stocks in SE Market||4.3%|
Stable Share Price: EWRK is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EWRK's weekly volatility (5%) has been stable over the past year.
About the Company
Ework Group AB (publ) operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Denmark, Norway, Finland, and Poland. The company was formerly known as eWork Scandinavia AB (publ) and changed its name to Ework Group AB (publ) in May 2016. The company was incorporated in 2000 and is headquartered in Stockholm, Sweden.
Ework Group Fundamentals Summary
|EWRK fundamental statistics|
Is EWRK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EWRK income statement (TTM)|
|Cost of Revenue||kr14.28b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 20, 2022
|Earnings per share (EPS)||6.53|
|Net Profit Margin||0.77%|
How did EWRK perform over the long term?See historical performance and comparison
5.8%Current Dividend Yield
Is EWRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EWRK?
Other financial metrics that can be useful for relative valuation.
|What is EWRK's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does EWRK's PE Ratio compare to its peers?
|EWRK PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
VPAB B Veteranpoolen
PION B PION Group
BTS B BTS Group
OGUN B Ogunsen
EWRK Ework Group
Price-To-Earnings vs Peers: EWRK is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (12.4x).
Price to Earnings Ratio vs Industry
How does EWRK's PE Ratio compare vs other companies in the European Professional Services Industry?
Price-To-Earnings vs Industry: EWRK is good value based on its Price-To-Earnings Ratio (13.3x) compared to the European Professional Services industry average (17.2x)
Price to Earnings Ratio vs Fair Ratio
What is EWRK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||13.3x|
|Fair PE Ratio||14.3x|
Price-To-Earnings vs Fair Ratio: EWRK is good value based on its Price-To-Earnings Ratio (13.3x) compared to the estimated Fair Price-To-Earnings Ratio (14.3x).
Share Price vs Fair Value
What is the Fair Price of EWRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: EWRK (SEK86.7) is trading below our estimate of fair value (SEK246.33)
Significantly Below Fair Value: EWRK is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Ework Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EWRK's forecast earnings growth (8.3% per year) is above the savings rate (0.4%).
Earnings vs Market: EWRK's earnings (8.3% per year) are forecast to grow slower than the Swedish market (16.7% per year).
High Growth Earnings: EWRK's earnings are forecast to grow, but not significantly.
Revenue vs Market: EWRK's revenue (8.8% per year) is forecast to grow slower than the Swedish market (10.7% per year).
High Growth Revenue: EWRK's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EWRK's Return on Equity is forecast to be very high in 3 years time (51.4%).
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How has Ework Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EWRK has a high level of non-cash earnings.
Growing Profit Margin: EWRK's current net profit margins (0.8%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: EWRK's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: EWRK's earnings growth over the past year (54.3%) exceeds its 5-year average (4.4% per year).
Earnings vs Industry: EWRK earnings growth over the past year (54.3%) underperformed the Professional Services industry 70.2%.
Return on Equity
High ROE: Whilst EWRK's Return on Equity (64.56%) is outstanding, this metric is skewed due to their high level of debt.
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How is Ework Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: EWRK's short term assets (SEK3.9B) exceed its short term liabilities (SEK3.9B).
Long Term Liabilities: EWRK's short term assets (SEK3.9B) exceed its long term liabilities (SEK7.3M).
Debt to Equity History and Analysis
Debt Level: EWRK's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: EWRK's debt to equity ratio has reduced from 140.2% to 133% over the past 5 years.
Debt Coverage: EWRK's debt is well covered by operating cash flow (30.1%).
Interest Coverage: EWRK's interest payments on its debt are well covered by EBIT (23.3x coverage).
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What is Ework Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Ework Group Dividend Yield vs Market|
|Company (Ework Group)||5.8%|
|Market Bottom 25% (SE)||1.9%|
|Market Top 25% (SE)||6.3%|
|Industry Average (Professional Services)||6.2%|
|Analyst forecast in 3 Years (Ework Group)||6.9%|
Notable Dividend: EWRK's dividend (5.77%) is higher than the bottom 25% of dividend payers in the Swedish market (1.86%).
High Dividend: EWRK's dividend (5.77%) is low compared to the top 25% of dividend payers in the Swedish market (6.1%).
Stability and Growth of Payments
Stable Dividend: EWRK's dividend payments have been volatile in the past 10 years.
Growing Dividend: EWRK's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.6%), EWRK's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (167.4%), EWRK's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Karin Schreil (51 yo)
Ms. Karin Schreil serves as Chief Executive Officer at Ework Group AB (publ) since November 15, 2021. She served as Managing Partner of Sweden at TietoEVRY Oyj. She Joined EVRY in 2019.She had been Execut...
CEO Compensation Analysis
|Karin Schreil's Compensation vs Ework Group Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||kr524k||kr427k|
Compensation vs Market: Karin's total compensation ($USD46.78K) is below average for companies of similar size in the Swedish market ($USD216.34K).
Compensation vs Earnings: Insufficient data to compare Karin's compensation with company performance.
Experienced Management: EWRK's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: EWRK's board of directors are considered experienced (8.7 years average tenure).
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.
Recent Insider Transactions
|19 Oct 21||Buykr116,600||Ola Maalsnes||Individual||1,000||kr116.60|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Ework Group AB (publ)'s employee growth, exchange listings and data sources
- Name: Ework Group AB (publ)
- Ticker: EWRK
- Exchange: OM
- Founded: 2000
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Implied Market Cap: kr1.495b
- Shares outstanding: 17.24m
- Website: https://www.eworkgroup.com
Number of Employees
- Ework Group AB (publ)
- MAester Samuelsgatan 60
- Stockholm County
- 111 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EWRK||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||May 2008|
|0MCB||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||May 2008|
|EWRKS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||May 2008|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/29 00:00|
|End of Day Share Price||2022/09/29 00:00|
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.