New Wave Group
Market Cap
kr3.8b
Last Updated
2021/01/27 20:41 UTC
Data Sources
Company Financials +
Executive Summary
New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, rest of Nordic countries, Central Europe, Southern Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has New Wave Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NEWA B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NEWA B's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-7.1%
NEWA B
-5.9%
SE Luxury
-0.8%
SE Market
1 Year Return
-1.4%
NEWA B
5.6%
SE Luxury
15.5%
SE Market
Return vs Industry: NEWA B underperformed the Swedish Luxury industry which returned 6.7% over the past year.
Return vs Market: NEWA B underperformed the Swedish Market which returned 17.1% over the past year.
Shareholder returns
| NEWA B | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.1% | -5.9% | -0.8% |
| 30 Day | 4.9% | 3.7% | 3.4% |
| 90 Day | 44.3% | 29.1% | 17.3% |
| 1 Year | -1.4%-1.4% | 5.8%5.6% | 18.5%15.5% |
| 3 Year | 10.3%3.6% | -7.5%-14.2% | 48.6%30.9% |
| 5 Year | 118.5%95.6% | 13.1%-1.6% | 92.9%52.2% |
Long-Term Price Volatility Vs. Market
How volatile is New Wave Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
What Can The Trends At New Wave Group (STO:NEWA B) Tell Us About Their Returns?2 weeks ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving New Wave Group AB (publ)'s (STO:NEWA B) Stock Up Recently?4 weeks ago | Simply Wall St
Do Insiders Own Lots Of Shares In New Wave Group AB (publ) (STO:NEWA B)?Valuation
Is New Wave Group undervalued compared to its fair value and its price relative to the market?
8.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NEWA B (SEK57.5) is trading below our estimate of fair value (SEK62.88)
Significantly Below Fair Value: NEWA B is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NEWA B is good value based on its PE Ratio (11.7x) compared to the XE Luxury industry average (31.4x).
PE vs Market: NEWA B is good value based on its PE Ratio (11.7x) compared to the Swedish market (23.9x).
Price to Earnings Growth Ratio
PEG Ratio: NEWA B is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: NEWA B is good value based on its PB Ratio (1x) compared to the SE Luxury industry average (1.7x).
Next Steps
Future Growth
How is New Wave Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
8.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEWA B's forecast earnings growth (8.9% per year) is above the savings rate (0.4%).
Earnings vs Market: NEWA B's earnings (8.9% per year) are forecast to grow slower than the Swedish market (11% per year).
High Growth Earnings: NEWA B's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEWA B's revenue (3.3% per year) is forecast to grow faster than the Swedish market (3.1% per year).
High Growth Revenue: NEWA B's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEWA B's Return on Equity is forecast to be low in 3 years time (8.6%).
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Past Performance
How has New Wave Group performed over the past 5 years?
12.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEWA B has high quality earnings.
Growing Profit Margin: NEWA B's current net profit margins (5.2%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: NEWA B's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: NEWA 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: NEWA B had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Luxury industry average (-33.2%).
Return on Equity
High ROE: NEWA B's Return on Equity (8.3%) is considered low.
Next Steps
Financial Health
How is New Wave Group's financial position?
Financial Position Analysis
Short Term Liabilities: NEWA B's short term assets (SEK4.9B) exceed its short term liabilities (SEK1.7B).
Long Term Liabilities: NEWA B's short term assets (SEK4.9B) exceed its long term liabilities (SEK2.3B).
Debt to Equity History and Analysis
Debt Level: NEWA B's debt to equity ratio (47.1%) is considered high.
Reducing Debt: NEWA B's debt to equity ratio has reduced from 98.5% to 47.1% over the past 5 years.
Debt Coverage: NEWA B's debt is well covered by operating cash flow (51.4%).
Interest Coverage: NEWA B's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
Next Steps
Dividend
What is New Wave Group current dividend yield, its reliability and sustainability?
3.70%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NEWA B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NEWA B'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 NEWA B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEWA B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NEWA B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NEWA B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.8yrs
Average management tenure
CEO
Torsten Jansson (58 yo)
11.67yrs
Tenure
kr1,200,000
Compensation
Mr. Torsten Jansson, VD, has been the Group CEO since 2019 at New Wave Group AB (publ). Mr. Jansson serves as the President of New Wave Group AB (publ). He served as Managing Director at New Wave Group AB ...
CEO Compensation Analysis
Compensation vs Market: Torsten's total compensation ($USD143.70K) is below average for companies of similar size in the Swedish market ($USD507.81K).
Compensation vs Earnings: Torsten's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11.67yrs | kr1.20m | 34% SEK 1.3b | |
| Chief Financial Officer | 14yrs | no data | no data | |
| Corporate Legal Counsel and CSR Manager | no data | no data | no data | |
| Deputy CEO & Deputy Group CEO | 20yrs | no data | 0.17% SEK 6.6m | |
| Chief Buying Officer | 3.83yrs | no data | no data |
12.8yrs
Average Tenure
56.5yo
Average Age
Experienced Management: NEWA B's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11.67yrs | kr1.20m | 34% SEK 1.3b | |
| Independent Director | 7yrs | kr230.00k | 0.015% SEK 574.9k | |
| Independent Director | 14yrs | kr175.00k | 0.015% SEK 574.9k | |
| Independent Chairman of the Board | 4.67yrs | kr370.00k | 0.053% SEK 2.0m | |
| Independent Director | 11.67yrs | kr230.00k | 0.0030% SEK 114.8k | |
| Independent Director | 1.67yrs | kr120.00k | 0.015% SEK 574.9k | |
| Independent Director | 1.67yrs | kr120.00k | no data |
7.0yrs
Average Tenure
56yo
Average Age
Experienced Board: NEWA B's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NEWA B insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
New Wave Group AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: New Wave Group AB (publ)
- Ticker: NEWA B
- Exchange: OM
- Founded: 1990
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: kr3.815b
- Shares outstanding: 66.34m
- Website: https://www.nwg.se
Number of Employees
Location
- New Wave Group AB (publ)
- Kungsportsavenyen 10
- Gothenburg
- Västra Götaland County
- 411 36
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NEWA B | OM (OMX Nordic Exchange Stockholm) | Yes | Series B Shares | SE | SEK | Dec 1997 |
| 0KIZ | LSE (London Stock Exchange) | Yes | Series B Shares | GB | SEK | Dec 1997 |
| NWG | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Dec 1997 |
| NEWABs | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series B Shares | GB | SEK | Dec 1997 |
Biography
New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, rest of Nordic countries, Central Eu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 20:41 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.