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Strax

OM:STRAX
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STRAX
OM
SEK229M
Market Cap
  1. Home
  2. SE
  3. Consumer Durables
Company description

Strax AB (publ) designs, develops, manufactures, and distributes mobile accessories and connected devices worldwide. The last earnings update was 33 days ago. More info.


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STRAX Share Price and Events
7 Day Returns
0%
OM:STRAX
0.7%
SE Consumer Durables
1.4%
SE Market
1 Year Returns
-58.1%
OM:STRAX
-5.9%
SE Consumer Durables
-2%
SE Market
STRAX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Strax (STRAX) 0% -5% -7.3% -58.1% -53.1% -
SE Consumer Durables 0.7% -4.5% 0.1% -5.9% -1.1% 23.9%
SE Market 1.4% -3.3% 1.1% -2% 13% 16.7%
1 Year Return vs Industry and Market
  • STRAX underperformed the Consumer Durables industry which returned -5.9% over the past year.
  • STRAX underperformed the Market in Sweden which returned -2% over the past year.
Price Volatility
STRAX
Industry
5yr Volatility vs Market

STRAX Value

 Is Strax 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 Strax. This is due to cash flow or dividend data being unavailable. The share price is SEK1.9.
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 Strax's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Strax's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:STRAX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.14
OM:STRAX Share Price ** OM (2019-05-21) in SEK SEK1.9
OM:STRAX Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.093 €0.18
Sweden Consumer Durables Industry PE Ratio Median Figure of 9 Publicly-Listed Consumer Durables Companies 11.51x
Sweden Market PE Ratio Median Figure of 323 Publicly-Listed Companies 16.74x

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

** Primary Listing of Strax.

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

= OM:STRAX Share Price ÷ EPS (both in EUR)

= 0.18 ÷ 0.14

1.27x

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

  • Strax is good value based on earnings compared to the SE Consumer Durables industry average.
  • Strax is good value based on earnings compared to the Sweden market.
Price based on expected Growth
Does Strax's expected growth come at a high price?
Raw Data
OM:STRAX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-7.3%per year
Sweden Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 1.25x
Sweden Market PEG Ratio Median Figure of 235 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 Strax, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Strax's assets?
Raw Data
OM:STRAX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €0.28
OM:STRAX Share Price * OM (2019-05-21) in SEK SEK1.9
OM:STRAX Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.093 €0.18
Sweden Consumer Durables Industry PB Ratio Median Figure of 13 Publicly-Listed Consumer Durables Companies 1.34x
Sweden Market PB Ratio Median Figure of 568 Publicly-Listed Companies 2.45x
OM:STRAX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:STRAX Share Price ÷ Book Value per Share (both in EUR)

= 0.18 ÷ 0.28

0.62x

* Primary Listing of Strax.

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

  • Strax is good value based on assets compared to the SE Consumer Durables industry average.
X
Value checks
We assess Strax'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Strax has a total score of 3/6, 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.

STRAX Future Performance

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

  • No analysts cover Strax, future earnings growth has been estimated based on fundamentals.
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
-7.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Strax expected to grow at an attractive rate?
  • Strax's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Strax's earnings are expected to decrease over the next 1-3 years, this is below the Sweden market average.
  • Unable to compare Strax's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OM:STRAX Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:STRAX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -7.3%
Sweden Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 14%
Sweden Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.6%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.6%

*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:STRAX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:STRAX Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OM:STRAX Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 107 -3 17
2018-09-30 102 3 -3
2018-06-30 102 2 0
2018-03-31 102 1 2
2017-12-31 100 4 2
2017-09-30 93 2 5
2017-06-30 95 3 5
2017-03-31 92 5 3
2016-12-31 92 2 3
2016-09-30 88 3 2
2016-06-30 86 1 2
2016-03-31 84 -6 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Strax's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Strax 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:STRAX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Strax Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:STRAX Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OM:STRAX Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.14
2018-09-30 -0.02
2018-06-30 0.00
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.04
2017-06-30 0.04
2017-03-31 0.03
2016-12-31 0.03
2016-09-30 0.02
2016-06-30 0.01
2016-03-31 0.01

*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 Strax will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Strax'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 Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden 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.
Strax 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.

STRAX Past Performance

  How has Strax 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 Strax's growth in the last year to its industry (Consumer Durables).
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.
  • Insufficient data to establish if Strax's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Strax's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Strax's earnings growth has exceeded the SE Consumer Durables industry average in the past year (837.2% vs -27.4%).
Earnings and Revenue History
Strax'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 Strax Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:STRAX Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 106.97 16.75 29.84
2018-09-30 102.28 -2.80 27.24
2018-06-30 102.36 -0.24 26.09
2018-03-31 101.82 1.84 24.15
2017-12-31 100.07 1.79 22.89
2017-09-30 93.45 4.82 21.62
2017-06-30 94.69 4.91 20.60
2017-03-31 91.85 3.07 19.59
2016-12-31 91.77 3.20 19.02
2016-09-30 88.31 1.97 19.00
2016-06-30 85.97 1.64 17.76
2016-03-31 83.89 1.24 17.42
2015-12-31 81.55 1.25 16.79

*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.
  • Strax made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Strax used its assets more efficiently than the SE Consumer Durables industry average last year based on Return on Assets.
  • It is difficult to establish if Strax 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 Strax'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 Consumer Durables 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.
Strax has a total score of 3/6, 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.

STRAX Health

 How is Strax'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 Strax's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Strax is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Strax's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Strax'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.
  • Debt is covered by short term assets, assets are 2.9x debt.
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 Strax Company Filings, last reported 4 months ago.

OM:STRAX Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 34.27 29.06 24.85
2018-09-30 19.79 28.29 4.47
2018-06-30 20.94 28.94 3.85
2018-03-31 20.95 29.28 3.93
2017-12-31 21.03 26.25 5.69
2017-09-30 22.87 21.46 1.00
2017-06-30 19.98 21.16 1.67
2017-03-31 18.18 18.79 1.79
2016-12-31 18.16 16.65 3.66
2016-09-30 16.81 14.47 3.42
2016-06-30 15.38 8.87 3.53
2016-03-31
2015-12-31 10.74 13.55 4.99
  • Strax's level of debt (84.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if Strax's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Strax's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Strax'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. Strax has a total score of 2/6, 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.

STRAX Dividends

 What is Strax'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 Strax dividends.
If you bought SEK2,000 of Strax 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 Strax's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Strax'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:STRAX 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
Sweden Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 4%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 243 Stocks 3.2%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.8%
Sweden Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

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

OM:STRAX Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Strax has not reported any payouts.
  • Unable to verify if Strax's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Strax's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Strax 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 Strax'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 Strax afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Strax 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.

STRAX Management

 What is the CEO of Strax'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
Gudmundur Palmason
COMPENSATION €268,000
AGE 50
CEO Bio

Mr. Gudmundur Palmason serves as Chief Executive Officer and Managing Director at Strax AB (publ) and has been its Executive Director since 1999. Mr. Palmason serves as Managing Director at STRAX GmbH. Mr. Palmason serves as the Chief Financial Officer and Chairman of the Board of STRAX Americas, Inc. Mr. Palmason was a Partner of IMA Law, an international law firm in Reykjavik. He was a co-founder of mobilestop Inc. and served as its Chief Financial Officer. He served as the Chief Executive Officer of Burnham International Ltd. in Iceland, an affiliate of Burnham Securities Inc., in New York. He also served at Shell Iceland and Morkin Law. He serves as a board member of several other companies and organizations. Mr. Palmason holds a master's degree in law (LL.M.) and an MBA.

CEO Compensation
  • Gudmundur's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Gudmundur's remuneration is higher than average for companies of similar size in Sweden.
Management Team Tenure

Average tenure and age of the Strax management team in years:

3
Average Tenure
50
Average Age
  • The tenure for the Strax management team is about average.
Management Team

Gudmundur Palmason

TITLE
CEO, MD & Executive Director
COMPENSATION
€268K
AGE
50

Ingvi Tomasson

TITLE
Founder & Director
COMPENSATION
€276K
AGE
50

Johan Heijbel

TITLE
Chief Financial Officer
AGE
43
TENURE
3 yrs

Alap Shah

TITLE
Chief Information Officer
TENURE
1.3 yrs

Marco Delhey

TITLE
Head of Group Purchasing & Product Management OEM/Brands
TENURE
9.3 yrs

James Myring

TITLE
Chief Operating Officer of STRAX ASIA Ltd

Martin Wagner

TITLE
Head of Group Marketing
Board of Directors Tenure

Average tenure and age of the Strax board of directors in years:

3.1
Average Tenure
54
Average Age
  • The tenure for the Strax board of directors is about average.
Board of Directors

Bertil Villard

TITLE
Chairman of the Board
AGE
66
TENURE
3.1 yrs

Gudmundur Palmason

TITLE
CEO, MD & Executive Director
COMPENSATION
€268K
AGE
50
TENURE
20.3 yrs

Ingvi Tomasson

TITLE
Founder & Director
COMPENSATION
€276K
AGE
50
TENURE
3.1 yrs

Anders Lönnqvist

TITLE
Director
AGE
60
TENURE
19.3 yrs

Pia Anderberg

TITLE
Director
AGE
54
TENURE
1 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 Strax'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. Strax 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.

STRAX News

Simply Wall St News

Does Strax AB (publ) (STO:STRAX) Go Up With The Market?

The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

Simply Wall St -

Will Strax AB (publ) (STO:STRAX) Continue To Underperform Its Industry?

and want to better understand how you can grow your money by investing in Strax AB (publ) (STO:STRAX). … Strax AB (publ) (STO:STRAX) generated a below-average return on equity of 8.78% in the past 12 months, while its industry returned 15.57%. … Knowing these components can change your views on STRAX's below-average returns.

Simply Wall St -

With A -10.42% Earnings Drop, Is Strax AB (publ)'s (STO:STRAX) A Concern?

Investors with a long-term horizong may find it valuable to assess Strax AB (publ)'s (OM:STRAX) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … For the purpose of this commentary, I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Since these figures may be fairly short-term thinking, I’ve estimated an annualized five-year figure for Strax's net income, which stands at €2.75M This suggests that even though earnings growth was negative from last year, over time, Strax's earnings have been increasing on average.

Simply Wall St -

Did Strax AB (publ) (STO:STRAX) Create Value For Investors Over The Past Year?

See our latest analysis for Strax Breaking down Return on Equity Return on Equity (ROE) is a measure of Strax’s profit relative to its shareholders’ equity. … ROE can be dissected into three distinct ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity OM:STRAX Last Perf May 15th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

STRAX Company Info

Description

Strax AB (publ) designs, develops, manufactures, and distributes mobile accessories and connected devices worldwide. It offers a range of accessories, wearables, cases, and audio products. The company provides its products under proprietary brands, such as XQISIT, GEAR4, Urbanista, THOR, avo+, FLAVR, and Eule, as well as under licensed brands comprising adidas and bugatti. It also offers MeTA, an e-commerce application that offers business-to-business POS solutions and business-to-consumer online shopping options; and a suite of marketing services. The company provides its products through telecom operators, mass merchants, and consumer electronics and lifestyle retailers, as well as directly through online. Strax AB (publ) was founded in 1995 and is based in Stockholm, Sweden.

Details
Name: Strax AB (publ)
STRAX
Exchange: OM
Founded: 1995
SEK229,125,430
120,592,332
Website: http://www.strax.com
Address: Strax AB (publ)
Mäster Samuelsgatan 10,
Stockholm,
111 44,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM STRAX Registered Shares OMX Nordic Exchange Stockholm SE SEK 13. May 2016
DB NOBC Registered Shares Deutsche Boerse AG DE EUR 13. May 2016
BATS-CHIXE STRAXS Registered Shares BATS 'Chi-X Europe' GB SEK 13. May 2016
Number of employees
Current staff
Staff numbers
190
Strax employees.
Industry
Consumer Electronics
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 21:22
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/02/28
Last earnings filing: 2019/04/18
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.