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.
Very undervalued with adequate balance sheet.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NEWA B matched the Swedish Luxury industry which returned -53.8% over the past year.
Return vs Market: NEWA B underperformed the Swedish Market which returned 5.4% over the past year.
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
4 days ago | Simply Wall StExamining New Wave Group AB (publ)’s (STO:NEWA B) Weak Return On Capital Employed
2 weeks ago | Simply Wall StAt kr28.25, Is It Time To Put New Wave Group AB (publ) (STO:NEWA B) On Your Watch List?
1 month ago | Simply Wall StOne New Wave Group AB (publ) (STO:NEWA B) Analyst Just Made A Major Cut To Next Year's Estimates
Is New Wave Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NEWA B (SEK30) is trading below our estimate of fair value (SEK74.13)
Significantly Below Fair Value: NEWA B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NEWA B is good value based on its PE Ratio (6.4x) compared to the Luxury industry average (15.5x).
PE vs Market: NEWA B is good value based on its PE Ratio (6.4x) compared to the Swedish market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: NEWA B is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: NEWA B is good value based on its PB Ratio (0.5x) compared to the SE Luxury industry average (1.1x).
How is New Wave Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEWA B's forecast earnings growth (16.5% per year) is above the savings rate (0.5%).
Earnings vs Market: NEWA B's earnings (16.5% per year) are forecast to grow slower than the Swedish market (16.9% per year).
High Growth Earnings: NEWA B's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEWA B's revenue (1% per year) is forecast to grow slower than the Swedish market (5.9% per year).
High Growth Revenue: NEWA B's revenue (1% 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 (7.2%).
How has New Wave Group performed over the past 5 years?
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 (4.6%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: NEWA B's earnings have grown by 17.1% 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 (-18.5%) over the past year, making it difficult to compare to the Luxury industry average (-16.9%).
Return on Equity
High ROE: NEWA B's Return on Equity (7.8%) is considered low.
How is New Wave Group's financial position?
Financial Position Analysis
Short Term Liabilities: NEWA B's short term assets (SEK5.2B) exceed its short term liabilities (SEK1.6B).
Long Term Liabilities: NEWA B's short term assets (SEK5.2B) exceed its long term liabilities (SEK2.9B).
Debt to Equity History and Analysis
Debt Level: NEWA B's debt to equity ratio (60.8%) is considered high.
Reducing Debt: NEWA B's debt to equity ratio has reduced from 85.6% to 60.8% over the past 5 years.
Debt Coverage: NEWA B's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: NEWA B's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is New Wave Group's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Torsten Jansson (57yo)
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 ($USD124.35K) is below average for companies of similar size in the Swedish market ($USD426.49K).
Compensation vs Earnings: Torsten's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||13.33yrs||no data||no data|
|Corporate Legal Counsel and CSR Manager||no data||no data||no data|
|Deputy CEO & Deputy Group CEO||19.33yrs||no data||0.17% SEK3.4m|
|Chief Buying Officer||3.17yrs||no data||no data|
Experienced Management: NEWA B's management team is seasoned and experienced (12.2 years average tenure).
|Independent Director||6.33yrs||kr230.00k||0.015% SEK299.9k|
|Independent Director||13.33yrs||kr175.00k||0.015% SEK299.9k|
|Independent Chairman of the Board||4yrs||kr370.00k||0.053% SEK1.1m|
|Independent Director||11yrs||kr230.00k||0.0030% SEK59.9k|
|Independent Director||1yr||kr120.00k||no data|
|Independent Director||1yr||kr120.00k||no data|
Experienced Board: NEWA B's board of directors are considered experienced (6.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New Wave Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: New Wave Group AB (publ)
- Ticker: NEWA B
- Exchange: OM
- Founded: 1990
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: kr1.990b
- Shares outstanding: 66.34m
- Website: https://www.nwg.se
Number of Employees
- New Wave Group AB (publ)
- Kungsportsavenyen 10
- Västra Götaland County
- 411 36
|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|
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. The company operates through three segments: Corporate, Sports & Leisure, and Gifts & Home Furnishings. The Corporate segment offers promo wear products, such as clothes for printing and embroidery, as well as leisure, work, and sports clothes; promotional gifts, including pens, powerbanks, gift cards, bags, bed linens, and towels; and a range of work wear products comprising underwear, outer garments, reflective clothing, flame protective, and accessories for professional categories, which consist of construction and installation workers, painters and plasterers, transport and service, and hotel and restaurant workers under the D.A.D Sportswear, James Harvest Sportswear, Jingham, Mac One, Printer, Cottover, Clique, d-vice, Queen Anne, Toppoint, Grizzly, J. Harvest & Frost, Lord Nelson Victory, Jobman, and ProJob brands. The Sports & Leisure segment provides clothes and shoes for sports, golf, hunting, fishing, shoe, and fashion trade under the Sköna Marie, Termo, PAX, Paris Glove, Laurentide, AHEAD, Craft, Seger, Auclair, Cutter & Buck, Clique Retail, Marstrand, and Speedo brands. The Gifts & Home Furnishings segment provides gifts and home furnishing products under the Sagaform, Kosta Förlag, Orrefors, Kosta Boda, Kosta Boda Art Hotel, Kosta Lodge, and Safaripark brands. The company also offers its products through traditional specialist retailers, e-commerce, and promo resellers, as well as through its own stores. New Wave Group AB (publ) was founded in 1990 and is headquartered in Gothenburg, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 12:06|
|End of Day Share Price||2020/05/27 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.