Actic Group
Market Cap
kr279.0m
Last Updated
2021/01/22 19:01 UTC
Data Sources
Company Financials +
Executive Summary
Actic Group AB (publ) operates health and fitness clubs in Sweden, Norway, Germany, and Austria. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Actic Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATIC is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ATIC's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-7.1%
ATIC
3.8%
SE Hospitality
1.6%
SE Market
1 Year Return
-33.9%
ATIC
74.1%
SE Hospitality
15.6%
SE Market
Return vs Industry: ATIC underperformed the Swedish Hospitality industry which returned 78.1% over the past year.
Return vs Market: ATIC underperformed the Swedish Market which returned 17.1% over the past year.
Shareholder returns
| ATIC | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.1% | 3.8% | 1.6% |
| 30 Day | 18.9% | 11.5% | 5.6% |
| 90 Day | 26.9% | 27.0% | 10.9% |
| 1 Year | -33.9%-33.9% | 81.1%74.1% | 18.7%15.6% |
| 3 Year | -57.6%-58.9% | 133.5%109.8% | 48.6%30.9% |
| 5 Year | n/a | 212.7%174.7% | 87.5%47.6% |
Long-Term Price Volatility Vs. Market
How volatile is Actic Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Does Actic Group AB (publ) (STO:ATIC) Have A Place In Your Dividend Portfolio?1 year ago | Simply Wall St
Why Actic Group AB (publ)’s (STO:ATIC) Use Of Investor Capital Doesn’t Look Great1 year ago | Simply Wall St
The Director of Actic Group AB (publ) (STO:ATIC), Fredrik Söderberg, Just Bought 100% More SharesValuation
Is Actic Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATIC (SEK17) is trading below our estimate of fair value (SEK195.05)
Significantly Below Fair Value: ATIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATIC is unprofitable, so we can't compare its PE Ratio to the SE Hospitality industry average.
PE vs Market: ATIC 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 ATIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATIC is good value based on its PB Ratio (1x) compared to the SE Hospitality industry average (3.9x).
Next Steps
Future Growth
How is Actic Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATIC is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ATIC is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ATIC is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ATIC's revenue (11.5% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: ATIC's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ATIC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Actic Group performed over the past 5 years?
-55.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATIC is currently unprofitable.
Growing Profit Margin: ATIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATIC is unprofitable, and losses have increased over the past 5 years at a rate of 55.9% per year.
Accelerating Growth: Unable to compare ATIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATIC is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (5.7%).
Return on Equity
High ROE: ATIC has a negative Return on Equity (-4.67%), as it is currently unprofitable.
Next Steps
Financial Health
How is Actic Group's financial position?
Financial Position Analysis
Short Term Liabilities: ATIC's short term assets (SEK216.4M) do not cover its short term liabilities (SEK420.8M).
Long Term Liabilities: ATIC's short term assets (SEK216.4M) do not cover its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: ATIC's debt to equity ratio (165.3%) is considered high.
Reducing Debt: ATIC's debt to equity ratio has reduced from 172.4% to 165.3% over the past 5 years.
Balance Sheet
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: Whilst unprofitable ATIC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ATIC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.7% per year.
Next Steps
Dividend
What is Actic Group current dividend yield, its reliability and sustainability?
4.71%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATIC'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 ATIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ATIC is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATIC'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?
2.0yrs
Average management tenure
CEO
Anders Carlbark (39 yo)
2.08yrs
Tenure
kr3,243,000
Compensation
Mr. Anders Carlbark has been an Chief Executive Officer at Actic Group AB (publ) since April 2019 and was its Acting Marketing Manager since December 2018. He serves as Global Head of Merchandising at H&M....
CEO Compensation Analysis
Compensation vs Market: Anders's total compensation ($USD391.18K) is above average for companies of similar size in the Swedish market ($USD241.80K).
Compensation vs Earnings: Anders's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.08yrs | kr3.24m | 0.063% SEK 175.5k | |
| Interim Chief Financial Officer | 1yr | no data | no data | |
| Chief Marketing Officer | 2yrs | no data | no data | |
| Head of Human Resources | 8yrs | no data | 0.011% SEK 30.3k | |
| Head of IT | 4yrs | no data | 0.0035% SEK 9.7k | |
| Head of Group Expansion | 1.42yrs | no data | no data | |
| Chief Product Officer | 1.08yrs | no data | no data |
2.0yrs
Average Tenure
45yo
Average Age
Experienced Management: ATIC's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 3yrs | kr629.00k | no data | |
| Director | 4yrs | kr300.00k | no data | |
| Independent Director | 3yrs | kr300.00k | 0.13% SEK 351.0k | |
| Independent Director | 3yrs | kr250.00k | no data | |
| Independent Director | 2.67yrs | kr269.00k | no data | |
| Independent Director | 1.67yrs | kr196.00k | no data |
3.0yrs
Average Tenure
47yo
Average Age
Experienced Board: ATIC's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ATIC 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
Actic Group AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Actic Group AB (publ)
- Ticker: ATIC
- Exchange: OM
- Founded: 1981
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: kr278.991m
- Shares outstanding: 15.90m
- Website: https://www.acticgroup.com
Number of Employees
Location
- Actic Group AB (publ)
- Drottning Kristinas Esplanad 12
- Box 1805
- Solna
- Stockholm County
- 171 21
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0ROI | LSE (London Stock Exchange) | Yes | Class A Shares | GB | SEK | Apr 2017 |
| ATIC | OM (OMX Nordic Exchange Stockholm) | Yes | Class A Shares | SE | SEK | Apr 2017 |
| 8XA | DB (Deutsche Boerse AG) | Yes | Class A Shares | DE | EUR | Apr 2017 |
| ATICS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | SEK | Apr 2017 |
Biography
Actic Group AB (publ) operates health and fitness clubs in Sweden, Norway, Germany, and Austria. It offers gym and swim facilities, as well as access to fitness clubs, PTs, and group training. The company ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 19:01 |
| End of Day Share Price | 2021/01/22 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.