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Hövding Sverige

OM:HOVD
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HOVD
OM
SEK410M
Market Cap
  1. Home
  2. SE
  3. Consumer Durables
Company description

Hövding Sverige AB (publ) develops, manufactures, and sells bicycle helmets in Sweden, Japan, and other European countries. The last earnings update was 11 days ago. More info.


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HOVD Share Price and Events
7 Day Returns
5%
OM:HOVD
1.6%
Europe Leisure
2.4%
SE Market
1 Year Returns
108.3%
OM:HOVD
17.1%
Europe Leisure
1.7%
SE Market
HOVD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hövding Sverige (HOVD) 5% 5.9% 9.1% 108.3% 4.7% -
Europe Leisure 1.6% 3.2% 10.2% 17.1% 47.6% 85.3%
SE Market 2.4% 1% 10.5% 1.7% 11.3% 21%
1 Year Return vs Industry and Market
  • HOVD outperformed the Leisure industry which returned 17.1% over the past year.
  • HOVD outperformed the Market in Sweden which returned 1.7% over the past year.
Price Volatility
HOVD
Industry
5yr Volatility vs Market
Related Companies

HOVD Value

 Is Hövding Sverige undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hövding Sverige. This is due to cash flow or dividend data being unavailable. The share price is SEK18.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hövding Sverige's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hövding Sverige's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:HOVD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SEK SEK-2.44
OM:HOVD Share Price ** OM (2019-03-18) in SEK SEK18
Europe Leisure Industry PE Ratio Median Figure of 23 Publicly-Listed Leisure Companies 18.67x
Sweden Market PE Ratio Median Figure of 322 Publicly-Listed Companies 17.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hövding Sverige.

OM:HOVD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:HOVD Share Price ÷ EPS (both in SEK)

= 18 ÷ -2.44

-7.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hövding Sverige is loss making, we can't compare its value to the Europe Leisure industry average.
  • Hövding Sverige is loss making, we can't compare the value of its earnings to the Sweden market.
Price based on expected Growth
Does Hövding Sverige's expected growth come at a high price?
Raw Data
OM:HOVD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Leisure Industry PEG Ratio Median Figure of 12 Publicly-Listed Leisure Companies 1.32x
Sweden Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hövding Sverige, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hövding Sverige's assets?
Raw Data
OM:HOVD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SEK SEK2.79
OM:HOVD Share Price * OM (2019-03-18) in SEK SEK18
Europe Leisure Industry PB Ratio Median Figure of 27 Publicly-Listed Leisure Companies 2.35x
Sweden Market PB Ratio Median Figure of 562 Publicly-Listed Companies 2.51x
OM:HOVD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:HOVD Share Price ÷ Book Value per Share (both in SEK)

= 18 ÷ 2.79

6.45x

* Primary Listing of Hövding Sverige.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hövding Sverige is overvalued based on assets compared to the Europe Leisure industry average.
X
Value checks
We assess Hövding Sverige's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. Hövding Sverige has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HOVD Future Performance

 How is Hövding Sverige expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Hövding Sverige 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9%
Expected Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hövding Sverige expected to grow at an attractive rate?
  • Unable to compare Hövding Sverige's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Hövding Sverige's earnings growth to the Sweden market average as no estimate data is available.
  • Unable to compare Hövding Sverige's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OM:HOVD Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Leisure Industry Earnings Growth Rate Market Cap Weighted Average 9%
Europe Leisure Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.6%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:HOVD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:HOVD Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-12-31 93 -18 -41
2018-09-30 85 -20 -40
2018-06-30 70 -27 -41
2018-03-31 57 -44 -42
2017-12-31 57 -47 -41
2017-09-30 48 -45 -45
2017-06-30 43 -52 -45
2017-03-31 38 -37 -42
2016-12-31 34 -29 -44
2016-08-31 25 -30 -41
2016-05-31 24 -31 -41
2016-02-29 21 -40 -43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Hövding Sverige is high growth as no earnings estimate data is available.
  • Unable to determine if Hövding Sverige is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:HOVD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hövding Sverige Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:HOVD Past Financials Data
Date (Data in SEK Millions) EPS *
2018-12-31 -2.44
2018-09-30 -2.71
2018-06-30 -2.78
2018-03-31 -3.27
2017-12-31 -3.49
2017-09-30 -4.06
2017-06-30 -4.00
2017-03-31 -3.73
2016-12-31
2016-08-31 -4.50
2016-05-31 -5.01
2016-02-29 -5.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hövding Sverige will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Hövding Sverige'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.
  2. Hövding Sverige's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Hövding Sverige's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Hövding Sverige's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hövding Sverige has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HOVD Past Performance

  How has Hövding Sverige performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hövding Sverige's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hövding Sverige does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Hövding Sverige's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hövding Sverige's 1-year growth to the Europe Leisure industry average as it is not currently profitable.
Earnings and Revenue History
Hövding Sverige's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hövding Sverige Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:HOVD Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 92.54 -41.48 61.43
2018-09-30 84.89 -40.10 56.75
2018-06-30 69.91 -41.36 55.17
2018-03-31 56.55 -41.51 54.02
2017-12-31 56.96 -40.99 52.86
2017-09-30 48.16 -45.23 52.56
2017-06-30 42.72 -44.53 49.85
2017-03-31 38.26 -41.55 45.49
2016-12-31 33.86 -43.96 40.91
2016-08-31 25.47 -40.52 36.38
2016-05-31 23.80 -41.20 34.60
2016-02-29 21.17 -43.08 33.89
2015-11-30 19.82 -41.59 36.95
2015-08-31 18.97 -38.06 37.13
2015-05-31 19.70 -35.85 37.46
2015-02-28 20.22 -32.84 37.27
2014-11-30 20.56 -27.92 33.52
2014-08-31 19.10 -26.04 31.04
2013-08-31 12.63 -22.68 23.64
2012-08-31 3.72 -24.85 17.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hövding Sverige has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hövding Sverige has efficiently used its assets last year compared to the Europe Leisure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hövding Sverige improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hövding Sverige's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hövding Sverige has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HOVD Health

 How is Hövding Sverige's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hövding Sverige's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hövding Sverige is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hövding Sverige's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hövding Sverige's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Hövding Sverige has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hövding Sverige Company Filings, last reported 2 months ago.

OM:HOVD Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 62.13 0.00 66.46
2018-09-30 73.29 0.00 84.68
2018-06-30 11.34 0.00 7.61
2018-03-31 23.34 0.00 12.72
2017-12-31 34.38 0.00 21.63
2017-09-30 8.81 0.00 5.79
2017-06-30 17.36 0.00 5.03
2017-03-31 29.51 0.00 21.90
2016-12-31 40.02 0.00 34.08
2016-08-31 58.12 0.00 42.72
2016-05-31 27.73 0.00 9.81
2016-02-29 37.82 0.00 14.35
2015-11-30 49.36 0.00 22.55
2015-08-31 60.04 0.00 35.01
2015-05-31 13.52 0.00 11.01
2015-02-28 25.49 0.00 9.79
2014-11-30 43.14 0.00 16.70
2014-08-31 43.14 0.00 16.70
2013-08-31 38.62 0.00 13.82
2012-08-31 36.16 0.00 16.43
  • Hövding Sverige has no debt.
  • Hövding Sverige has not taken on any debt in 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.

  • Hövding Sverige has sufficient cash runway for 2.7 years based on current free cash flow.
  • Hövding Sverige has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of -4.4% each year.
X
Financial health checks
We assess Hövding Sverige's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hövding Sverige has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HOVD Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hövding Sverige dividends.
If you bought SEK2,000 of Hövding Sverige shares you are expected to receive SEK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hövding Sverige's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hövding Sverige's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:HOVD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Leisure Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2.5%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 247 Stocks 3.6%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.9%
Sweden Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hövding Sverige has not reported any payouts.
  • Unable to verify if Hövding Sverige's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hövding Sverige's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hövding Sverige has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hövding Sverige's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hövding Sverige afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hövding Sverige has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HOVD Management

 What is the CEO of Hövding Sverige's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Fredrik Carling
AGE 47
TENURE AS CEO 7.2 years
CEO Bio

Mr. Fredrik Carling has been the Chief Executive Officer at Hövding Sverige AB since 2012. Mr. Carling served as the Chief Executive Officer of the Nordic Operations at Diesel Sweden AB. He served as a Director at Diesel Sweden AB.

CEO Compensation
  • Insufficient data for Fredrik to compare compensation growth.
  • Insufficient data for Fredrik to establish whether their remuneration is reasonable compared to companies of similar size in Sweden.
Management Team

Fredrik Carling

TITLE
Chief Executive Officer
AGE
47
TENURE
7.2 yrs

Torbjörn Gärdenfors

TITLE
R&D and Operations Manager
AGE
53

Per Ågren

TITLE
Chief Sales Officer
AGE
52

Anna-Katarina Skogh

TITLE
Chief Marketing Officer

Ulf Sellergren

TITLE
Chief Research and Development Officer
AGE
63
Board of Directors Tenure

Average tenure and age of the Hövding Sverige board of directors in years:

4.7
Average Tenure
53
Average Age
  • The tenure for the Hövding Sverige board of directors is about average.
Board of Directors

Örjan Johansson

TITLE
Chairman of the Board of Directors
AGE
58
TENURE
9.2 yrs

Christer Ljungberg

TITLE
Director
AGE
63
TENURE
4.2 yrs

Sofia Ulver

TITLE
Director
AGE
47
TENURE
4.2 yrs

Lennart Gustafsson

TITLE
Director
AGE
70
TENURE
8.2 yrs

Samir Mastaki

TITLE
Director
AGE
36
TENURE
5.2 yrs

Johan Larsson

TITLE
Deputy Director
AGE
48
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
X
Management checks
We assess Hövding Sverige's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hövding Sverige has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HOVD News

Simply Wall St News

Could Hövding Sverige AB (publ)'s (STO:HOVD) Investor Composition Influence The Stock Price?

Every investor in Hövding Sverige AB (publ) (STO:HOVD) should be aware of the most powerful shareholder groups. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … Hövding Sverige is a smaller company with a market capitalization of kr369m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Are Hövding Sverige AB (publ)'s (STO:HOVD) Interest Costs Too High?

The direct benefit for Hövding Sverige AB (publ) (STO:HOVD), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is HOVD will have to adhere to stricter debt covenants and have less financial flexibility. … Is HOVD right in choosing financial flexibility over lower cost of capital.

Simply Wall St -

The Hövding Sverige AB (publ) (STO:HOVD) Ownership Structure Could Be Important

Every investor in Hövding Sverige AB (publ) (STO:HOVD) should be aware of the most powerful shareholder groups. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Hövding Sverige is a smaller company with a market capitalization of kr241m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What Are The Drivers Of Hövding Sverige AB (publ)'s (STO:HOVD) Risks?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Hövding Sverige AB (publ) (STO:HOVD): Did It Outperform The Industry?

After reading Hövding Sverige AB (publ)'s (STO:HOVD) most recent earnings announcement (31 March 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Did HOVD's recent performance beat its trend and industry … HOVD is loss-making, with the most recent trailing twelve-month earnings of -kr41.51m (from 31 March 2018), which compared to last year has become

Simply Wall St -

When Will Loss-Maker Hövding Sverige AB (publ) (STO:HOVD) Need More Cash?

Looking at Hövding Sverige’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … Not surprisingly, if Hövding Sverige continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves. … The cash burn analysis result indicates a cash constraint for the company, due to its high opex growth and its level of cash reserves.

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What You Must Know About Hövding Sverige AB (publ)'s (STO:HOVD) Major Investors

Although individuals in HOVD hold only a 3.82% stake, it's a good sign for shareholders as the company's executives and directors have their incentives directly linked to the company's performance. … Private Company Ownership Potential investors in HOVD should also look at another important group of investors: private companies, with a stake of 28.81%, who are primarily invested because of strategic and capital gain interests. … Thus, investors should dig deeper into HOVD's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in HOVD need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Hövding Sverige AB (publ) (STO:HOVD): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Thus, we can expect HOVD to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books. … However, this is the opposite to what HOVD’s actual beta value suggests, which is higher stock volatility relative to the market.

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Should You Be Content With Hövding Sverige AB (publ)'s (STO:HOVD) Earnings Growth?

In this article, I will take a look at Hövding Sverige AB (publ)'s (OM:HOVD) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, along with how the rest of HOVD's industry performed. … See our latest analysis for Hövding Sverige Could HOVD beat the long-term trend and outperform its industry? … For Hövding Sverige, its latest earnings (trailing twelve month) is -KR40.99M, which compared to last year’s level, has become less negative.

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HOVD Company Info

Description

Hövding Sverige AB (publ) develops, manufactures, and sells bicycle helmets in Sweden, Japan, and other European countries. It offers its products through retailers, as well as online. The company was founded in 2005 and is headquartered in Malmö, Sweden.

Details
Name: Hövding Sverige AB (publ)
HOVD
Exchange: OM
Founded: 2005
SEK409,972,332
22,281,105
Website: http://www.hovding.com
Address: Hövding Sverige AB (publ)
Bergsgatan 33,
Malmö,
Skåne County, 214 22,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM HOVD Common Shares OMX Nordic Exchange Stockholm SE SEK 16. Jun 2015
DB HS4 Common Shares Deutsche Boerse AG DE EUR 16. Jun 2015
LSE 0GB4 Common Shares London Stock Exchange GB SEK 16. Jun 2015
Number of employees
Current staff
Staff numbers
0
Hövding Sverige employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 21:46
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2019/03/07
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.