Hövding Sverige AB (publ) develops, manufactures, and sells airbag helmets for bicycles in Sweden, Japan, and other European countries. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Hövding Sverige's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HOVD is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HOVD's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HOVD underperformed the Swedish Leisure industry which returned 53.1% over the past year.
Return vs Market: HOVD underperformed the Swedish Market which returned 15.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hövding Sverige's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDid You Participate In Any Of Hövding Sverige's (STO:HOVD) Fantastic 117% Return ?
2 months ago | Simply Wall StWe're Not Very Worried About Hövding Sverige's (STO:HOVD) Cash Burn Rate
4 months ago | Simply Wall StDid You Participate In Any Of Hövding Sverige's (STO:HOVD) Respectable 97% Return?
Is Hövding Sverige 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 HOVD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HOVD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HOVD is unprofitable, so we can't compare its PE Ratio to the SE Leisure industry average.
PE vs Market: HOVD 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 HOVD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HOVD is overvalued based on its PB Ratio (10.1x) compared to the SE Leisure industry average (6.2x).
How is Hövding Sverige forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 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 SimplyWall St do have past financial data.
- 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.
- Hövding Sverige competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Hövding Sverige performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HOVD is currently unprofitable.
Growing Profit Margin: HOVD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HOVD is unprofitable, and losses have increased over the past 5 years at a rate of 4.5% per year.
Accelerating Growth: Unable to compare HOVD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HOVD is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (15%).
Return on Equity
High ROE: HOVD has a negative Return on Equity (-71.59%), as it is currently unprofitable.
How is Hövding Sverige's financial position?
Financial Position Analysis
Short Term Liabilities: HOVD's short term assets (SEK111.8M) exceed its short term liabilities (SEK62.7M).
Long Term Liabilities: HOVD's short term assets (SEK111.8M) exceed its long term liabilities (SEK8.5M).
Debt to Equity History and Analysis
Debt Level: HOVD is debt free.
Reducing Debt: HOVD has not had any debt for 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: HOVD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HOVD has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 5.6% each year.
What is Hövding Sverige current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HOVD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HOVD'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 HOVD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HOVD'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 HOVD'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 board tenure
Fredrik Carling (49 yo)
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 Dir...
|Chairman of the Board||1yr||no data||no data|
|Independent Director||2yrs||no data||0.38% |
|Director||1yr||no data||no data|
|Deputy Director||6yrs||no data||no data|
|Independent Director||2yrs||no data||no data|
|Director||4yrs||no data||no data|
|Director||2yrs||no data||no data|
Experienced Board: HOVD's board of directors are not considered experienced ( 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: HOVD insiders have only sold shares 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 23.5%.
Hövding Sverige AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Hövding Sverige AB (publ)
- Ticker: HOVD
- Exchange: OM
- Founded: 2005
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: kr564.236m
- Shares outstanding: 27.52m
- Website: https://www.hovding.com
Number of Employees
- Hövding Sverige AB (publ)
- Bergsgatan 33
- Skåne County
- 214 22
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HOVD||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Jun 2015|
|HS4||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 2015|
|0GB4||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Jun 2015|
Hövding Sverige AB (publ) develops, manufactures, and sells airbag helmets for bicycles in Sweden, Japan, and other European countries. It offers its products through retailers and distributors, as well as...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/21 20:34|
|End of Day Share Price||2021/01/21 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.