New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate promo, sports, gifts, and home furnishings sectors in Sweden, the United States, rest of Nordic countries, Central Europe, Southern Europe, and internationally.
Undervalued established dividend payer.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NEWA B exceeded the Swedish Luxury industry which returned -20.1% over the past year.
Return vs Market: NEWA B underperformed the Swedish Market which returned 15.2% 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
1 week ago | Simply Wall StHere's Why New Wave Group (STO:NEWA B) Has A Meaningful Debt Burden
2 weeks ago | Simply Wall StNew Wave Group AB (publ) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
3 weeks ago | Simply Wall StHow Do New Wave Group AB (publ)’s (STO:NEWA B) Returns On Capital Compare To Peers?
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 (SEK56.3) is trading below our estimate of fair value (SEK82.87)
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 (9.9x) compared to the Luxury industry average (17.4x).
PE vs Market: NEWA B is good value based on its PE Ratio (9.9x) compared to the Swedish market (19.1x).
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 (1.6x).
How is New Wave Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEWA B's forecast earnings growth (7.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: NEWA B's earnings (7.6% per year) are forecast to grow slower than the Swedish market (8% per year).
High Growth Earnings: NEWA B's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEWA B's revenue (3.9% per year) is forecast to grow slower than the Swedish market (4.6% per year).
High Growth Revenue: NEWA B's revenue (3.9% 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 (10.9%).
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 (5.4%) are lower than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: NEWA B's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: NEWA B's earnings growth over the past year (3.3%) is below its 5-year average (19% per year).
Earnings vs Industry: NEWA B earnings growth over the past year (3.3%) exceeded the Luxury industry -11.5%.
Return on Equity
High ROE: NEWA B's Return on Equity (9.8%) is considered low.
Return on Assets
Return on Capital Employed
How is New Wave Group's financial position?
Financial Position Analysis
Short Term Liabilities: NEWA B's short term assets (SEK5.3B) exceed its short term liabilities (SEK1.6B).
Long Term Liabilities: NEWA B's short term assets (SEK5.3B) exceed its long term liabilities (SEK3.0B).
Debt to Equity History and Analysis
Debt Level: NEWA B's debt to equity ratio (66.6%) is considered high.
Reducing Debt: NEWA B's debt to equity ratio has reduced from 85% to 66.6% over the past 5 years.
Debt Coverage: NEWA B's debt is not well covered by operating cash flow (4%).
Interest Coverage: NEWA B's interest payments on its debt are well covered by EBIT (7.5x coverage).
Inventory Level: NEWA B has a high level of physical assets or inventory.
Debt Coverage by Assets: NEWA B's debt is covered by short term assets (assets are 2.1x debt).
What is New Wave Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase New Wave Group before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NEWA B's dividend (3.91%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).
High Dividend: NEWA B's dividend (3.91%) is low compared to the top 25% of dividend payers in the Swedish market (4.36%).
Stability and Growth of Payments
Stable Dividend: NEWA B's dividends per share have been stable in the past 10 years.
Growing Dividend: NEWA B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.9%), NEWA B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NEWA B's dividends in 3 years are forecast to be well covered by earnings (40.5% payout ratio).
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 ($USD133.73K) is below average for companies of similar size in the Swedish market ($USD549.45K).
Compensation vs Earnings: Torsten's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||13.1yrs||no data||no data|
|Corporate Legal Counsel and CSR Manager||0yrs||no data||no data|
|1st Senior Vice President||19.1yrs||no data||0.17% SEK6.4m|
|Chief Buying Officer||2.9yrs||no data||no data|
|Manager of Corporate Promo||0yrs||no data||0.030% SEK1.1m|
|Managing Director of Jobman Workwear||22.1yrs||no data||no data|
|Managing Director of New Wave France SAS||14yrs||no data||no data|
|CEO of New Wave Group USA Inc & Area Manager North America||0yrs||no data||no data|
Experienced Management: NEWA B's management team is seasoned and experienced (13.5 years average tenure).
|Independent Director||6.1yrs||kr215.00k||0.015% SEK562.9k|
|Independent Director||13.1yrs||kr161.67k||0.015% SEK562.9k|
|Chairman of the Board||3.8yrs||kr343.33k||0.053% SEK2.0m|
|Independent Director||10.8yrs||kr215.00k||0.0030% SEK112.4k|
|Director||0.8yrs||no data||no data|
|Director||0.8yrs||no data||no data|
Experienced Board: NEWA B's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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: kr3.735b
- Shares outstanding: 66.34m
- Website: https://www.nwg.se
Number of Employees
- New Wave Group AB (publ)
- Kungsportsavenyen 10
- 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 promo, 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 garments made of various textiles, as well as leisure, work, and sports clothes under the D.A.D Sportswear, James Harvest Sportswear, Cottover, and Clique brand names; and promotional gifts, including pens, powerbanks, gift cards, handbags, bed linens, and towels under the d-vice, Queen Anne, and Toppoint brands. It also provides 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 Jobman and ProJob brand names. The Sports & Leisure segment provides clothes and shoes for sports, golf, hunting, fishing, and fashion trade under the Sköna Marie, Termo, PAX, Paris Glove, Laurentide, AHEAD, Craft, Seger, Auclair, Cutter & Buck, Clique Retail, Marstrand, and Speedo brand names. The Gifts & Home Furnishings segment provides gifts and home furnishing products under the Sagaform, Orrefors, Kosta Boda, Kosta Boda Art Hotel, Kosta Lodge, and Safaripark brand names. The company also offers its products through its outlets. 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||2020/02/27 20:38|
|End of Day Share Price||2020/02/27 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.