OM:SDIP B

Stock Analysis Report

Executive Summary

Sdiptech AB (publ) provides technical products and services for urban infrastructures in Sweden.

Snowflake

Fundamentals

Reasonable growth potential with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

SDIP B

2.7%

SE Commercial Services

2.2%

SE Market


1 Year Return

59.5%

SDIP B

17.4%

SE Commercial Services

16.0%

SE Market

Return vs Industry: SDIP B exceeded the Swedish Commercial Services industry which returned 17.4% over the past year.

Return vs Market: SDIP B exceeded the Swedish Market which returned 16% over the past year.


Shareholder returns

SDIP BIndustryMarket
7 Day3.1%2.7%2.2%
30 Day17.1%3.3%2.7%
90 Day11.3%-1.0%4.2%
1 Year59.5%59.5%20.9%17.4%21.0%16.0%
3 Yearn/a15.8%5.8%34.5%14.2%
5 Yearn/a71.6%46.0%61.7%27.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

31.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SDIP B (SEK59) is trading above our estimate of fair value (SEK46.6)

Significantly Below Fair Value: SDIP B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SDIP B is poor value based on its PE Ratio (31.3x) compared to the Commercial Services industry average (17.4x).

PE vs Market: SDIP B is poor value based on its PE Ratio (31.3x) compared to the Swedish market (16.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SDIP B is good value based on its PB Ratio (1.6x) compared to the SE Commercial Services industry average (1.7x).


Next Steps

Future Growth

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

29.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDIP B's forecast earnings growth (29.4% per year) is above the savings rate (0.4%).

Earnings vs Market: SDIP B's earnings (29.4% per year) are forecast to grow faster than the Swedish market (8.8% per year).

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

Revenue vs Market: SDIP B's revenue (10.2% per year) is forecast to grow faster than the Swedish market (4.5% per year).

High Growth Revenue: SDIP B's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDIP B's Return on Equity is forecast to be low in 3 years time (14.1%).


Next Steps

Past Performance

How has Sdiptech performed over the past 5 years?

31.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SDIP B's earnings have grown significantly by 31.5% per year over the past 5 years.

Accelerating Growth: SDIP B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SDIP B had negative earnings growth (-39.5%) over the past year, making it difficult to compare to the Commercial Services industry average (1.3%).


Return on Equity

High ROE: SDIP B's Return on Equity (10.3%) is considered low.


Return on Assets

ROA vs Industry: SDIP B's Return on Assets is below or equal to the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: SDIP B's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Sdiptech's financial position?


Financial Position Analysis

Short Term Liabilities: SDIP B's short term assets (SEK809.0M) exceeds its short term liabilities (SEK405.0M)

Long Term Liabilities: SDIP B's short term assets (809.0M) do not cover its long term liabilities (1.2B)


Debt to Equity History and Analysis

Debt Level: SDIP B's debt to equity ratio (94.6%) is considered high

Reducing Debt: SDIP B's debt to equity ratio has increased from 25.2% to 94.6% over the past 5 years.

Debt Coverage: SDIP B's debt is not well covered by operating cash flow (18.3%).

Interest Coverage: SDIP B's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet

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

Debt Coverage by Assets: SDIP B's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.8%markettop25%4.7%industryaverage3.0%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if SDIP 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 SDIP 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 Sdiptech's salary, the management and board of directors tenure and is there insider trading?

1.2yrs

Average management tenure


CEO

Jakob Holm (48yo)

4.8yrs

Tenure

kr1,685,000

Compensation

Mr. Jakob Holm serves as the Chief Executive Officer of Sdiptech AB (publ), since 2015 and was its President. Mr. Holm served as the Deputy Chief Executive Officer and Chief Financial Officer of Sdiptech A ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jakob's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Jakob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.2yrs

Average Tenure

52yo

Average Age

Experienced Management: SDIP B's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Age and Tenure

1.4yrs

Average Tenure

56yo

Average Age

Experienced Board: SDIP B's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

Buykr138,41511 Mar 19
Jan Samuelson
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares3,234
Max Pricekr42.80
Buykr291,32508 Mar 19
Jan Samuelson
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares6,775
Max Pricekr43.00
Buykr55,77007 Mar 19
Jan Samuelson
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares1,300
Max Pricekr42.90
Buykr710,24906 Mar 19
Jan Samuelson
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares16,460
Max Pricekr43.15
Buykr205,24205 Mar 19
Jan Samuelson
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares4,762
Max Pricekr43.10
Sellkr1,935,00023 Feb 19
Jan Samuelson
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares45,000
Max Pricekr43.00
Buykr876,20021 Feb 19
Bengt Lejdstrom
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares20,000
Max Pricekr43.81

Ownership Breakdown


Management Team

  • Jan Samuelson (56yo)

    Executive Chairman

    • Tenure: 1.4yrs
    • Compensation: kr210.00k
  • Omid Ekhlasi

    Head of PR & Communication

    • Tenure: 0yrs
  • Jakob Holm (48yo)

    Chief Executive Officer

    • Tenure: 4.8yrs
    • Compensation: kr1.69m
  • Bengt Lejdstrom (57yo)

    Chief Financial Officer

    • Tenure: 1.2yrs
  • Steven Gilsdorf (41yo)

    Head of Acquisitions

    • Tenure: 1.1yrs

Board Members

  • Markus Sjöholm (48yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: kr117.00k
  • Jan Samuelson (56yo)

    Executive Chairman

    • Tenure: 1.4yrs
    • Compensation: kr210.00k
  • Staffan Bohman (70yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Johnny Alvarsson (69yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: kr210.00k
  • Ashkan Pouya (43yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: kr141.00k
  • Birgitta Henriksson (56yo)

    Director

    • Tenure: 0.8yrs
  • Urban Doverholt (58yo)

    Director

    • Tenure: 0.8yrs

Company Information

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


Key Information

  • Name: Sdiptech AB (publ)
  • Ticker: SDIP B
  • Exchange: OM
  • Founded: 2004
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: kr1.786b
  • Shares outstanding: 30.28m
  • Website: https://www.sdiptech.com

Number of Employees


Location

  • Sdiptech AB (publ)
  • Stureplan 15
  • Stockholm
  • 111 45
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SDIP PREFOM (OMX Nordic Exchange Stockholm)NPV PRF SHSSESEKMar 2015
SDIP BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKMay 2017

Biography

Sdiptech AB (publ) provides technical products and services for urban infrastructures in Sweden. It offers electrical automation products; renovation of elevators and roofing work; and cooling, wastewater  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:50
End of Day Share Price2019/10/22 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.