Scandinavian Enviro Systems AB (publ), develops, constructs, owns, and operates plants for material recovery of resources from used tires worldwide.
+ 1 more risk
Flawless balance sheet and overvalued.
Share Price & News
How has Scandinavian Enviro Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SES's share price has been volatile over the past 3 months.
7 Day Return
SE Commercial Services
1 Year Return
SE Commercial Services
Return vs Industry: SES exceeded the Swedish Commercial Services industry which returned -24% over the past year.
Return vs Market: SES exceeded the Swedish Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is Scandinavian Enviro Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Worry About Scandinavian Enviro Systems AB (publ)'s (STO:SES) CEO Salary Level?
1 month ago | Simply Wall StInsider Buying: The Scandinavian Enviro Systems AB (publ) (STO:SES) Chairman Just Bought 24% More Shares
2 months ago | Simply Wall StHere's Why We're Watching Scandinavian Enviro Systems's (STO:SES) Cash Burn Situation
Is Scandinavian Enviro Systems undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SES's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SES's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SES is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: SES 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 SES's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SES is good value based on its PB Ratio (1.3x) compared to the SE Commercial Services industry average (1.3x).
How is Scandinavian Enviro Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Scandinavian Enviro Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Scandinavian Enviro Systems's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Scandinavian Enviro Systems competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Scandinavian Enviro Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SES is currently unprofitable.
Growing Profit Margin: SES is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SES is unprofitable, and losses have increased over the past 5 years at a rate of -12% per year.
Accelerating Growth: Unable to compare SES's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SES is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.1%).
Return on Equity
High ROE: SES has a negative Return on Equity (-31.48%), as it is currently unprofitable.
How is Scandinavian Enviro Systems's financial position?
Financial Position Analysis
Short Term Liabilities: SES's short term assets (SEK50.9M) exceed its short term liabilities (SEK13.8M).
Long Term Liabilities: SES's short term assets (SEK50.9M) exceed its long term liabilities (SEK3.2M).
Debt to Equity History and Analysis
Debt Level: SES's debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: SES's debt to equity ratio has reduced from 27% to 4.3% over the past 5 years.
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: SES has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SES has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 0.6% each year.
What is Scandinavian Enviro Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SES'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 SES's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SES'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 SES's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Thomas Sörensson (43yo)
Mr. Thomas Sörensson has been the Chief Executive Officer of Scandinavian Enviro Systems AB (publ) since February 2016. Mr. Sörensson served as Head of B&B Tools Shanghai at B&B Tools AB. He served as Chie ...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD186.82K) is about average for companies of similar size in the Swedish market ($USD221.03K).
Compensation vs Earnings: Thomas's compensation has increased whilst the company is unprofitable.
|Chief Executive Officer||4.25yrs||kr1.81m||0.11% SEK211.0k|
|Chief Financial Officer||4.17yrs||no data||0.24% SEK445.3k|
|Chief Operating Officer||3.33yrs||kr404.42k||0.18% SEK329.8k|
|Sales Manager||3.33yrs||no data||0.014% SEK26.8k|
|Chairman of the Election Committee||no data||no data||no data|
Experienced Management: SES's management team is considered experienced (3.8 years average tenure).
|Independent Director||5.08yrs||kr125.00k||0.13% SEK243.3k|
|Director||no data||no data||no data|
|Independent Director||2yrs||kr125.00k||0.22% SEK405.5k|
|Independent Director||1yr||kr73.00k||0.020% SEK37.9k|
|Director||no data||no data||no data|
Experienced Board: SES's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SES insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.4%.
Scandinavian Enviro Systems AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Scandinavian Enviro Systems AB (publ)
- Ticker: SES
- Exchange: OM
- Founded: 2001
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: kr188.420m
- Shares outstanding: 464.66m
- Website: https://www.envirosystems.se
Number of Employees
- Scandinavian Enviro Systems AB (publ)
- Herkulesgatan 1K
- Västra Götaland County
- 417 01
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SES||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Jun 2014|
|1HR||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Jun 2014|
Scandinavian Enviro Systems AB (publ), develops, constructs, owns, and operates plants for material recovery of resources from used tires worldwide. Its recovered products include carbon black, oil, steel, and gas. The company offers recycled materials; plants and components; and consulting services for design, training, installation, maintenance, etc. for plants. Scandinavian Enviro Systems AB (publ) was founded in 2001 and is headquartered in Gothenburg, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 15:44|
|End of Day Share Price||2020/05/25 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.