NetEnt AB (publ) provides digital distributed games and gaming systems to online casino operators worldwide.
High growth potential, good value and pays a dividend.
Share Price & News
How has NetEnt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NET B's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NET B underperformed the Swedish Hospitality industry which returned -12.8% over the past year.
Return vs Market: NET B underperformed the Swedish Market which returned -13.2% over the past year.
Price Volatility Vs. Market
How volatile is NetEnt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At NetEnt AB (publ)'s (STO:NET B) P/E Ratio
1 month ago | Simply Wall StHow Much Of NetEnt AB (publ) (STO:NET B) Do Insiders Own?
1 month ago | Simply Wall StIndependent Director Pontus Lindwall Just Bought Shares In NetEnt AB (publ) (STO:NET B)
Is NetEnt 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: NET B (SEK24.78) is trading below our estimate of fair value (SEK91.21)
Significantly Below Fair Value: NET B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NET B is poor value based on its PE Ratio (13.8x) compared to the Hospitality industry average (11.3x).
PE vs Market: NET B is good value based on its PE Ratio (13.8x) compared to the Swedish market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: NET B is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: NET B is overvalued based on its PB Ratio (6.2x) compared to the SE Hospitality industry average (1.6x).
How is NetEnt forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NET B's forecast earnings growth (22% per year) is above the savings rate (-0.4%).
Earnings vs Market: NET B's earnings (22% per year) are forecast to grow faster than the Swedish market (8.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NET B's revenue (11.8% per year) is forecast to grow faster than the Swedish market (4.1% per year).
High Growth Revenue: NET B's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NET B's Return on Equity is forecast to be very high in 3 years time (47.9%).
How has NetEnt performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NET B has high quality earnings.
Growing Profit Margin: NET B's current net profit margins (24.3%) are lower than last year (32.4%).
Past Earnings Growth Analysis
Earnings Trend: NET B's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: NET 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: NET B had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Hospitality industry average (0.2%).
Return on Equity
High ROE: Whilst NET B's Return on Equity (44.83%) is outstanding, this metric is skewed due to their high level of debt.
How is NetEnt's financial position?
Financial Position Analysis
Short Term Liabilities: NET B's short term assets (SEK779.1M) exceed its short term liabilities (SEK654.3M).
Long Term Liabilities: NET B's short term assets (SEK779.1M) do not cover its long term liabilities (SEK2.5B).
Debt to Equity History and Analysis
Debt Level: NET B's debt to equity ratio (234%) is considered high.
Reducing Debt: Insufficient data to determine if NET B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NET B's debt is well covered by operating cash flow (25.7%).
Interest Coverage: NET B's interest payments on its debt are well covered by EBIT (9.1x coverage).
Inventory Level: NET B has a low level of unsold assets or inventory.
Debt Coverage by Assets: NET B's debt is not covered by short term assets (assets are 0.3x debt).
What is NetEnt's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NET B's dividend (4.04%) is higher than the bottom 25% of dividend payers in the Swedish market (2.07%).
High Dividend: NET B's dividend (4.04%) is low compared to the top 25% of dividend payers in the Swedish market (6.37%).
Stability and Growth of Payments
Stable Dividend: NET B's dividend payments have been volatile in the past 10 years.
Growing Dividend: NET B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.8%), NET B's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NET B's dividends in 3 years are forecast to be covered by earnings (66.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Therese Hillman (39yo)
Ms. Therese Hillman has been Chief Executive Officer of NetEnt AB (publ) since May 22, 2018. Ms. Hillman has been a Director of Actic Sverige AB since 2018. She has been Director of MQ Holding AB since Jan ...
|Chief Executive Officer||2.08yrs||no data||0.0056% SEK333.6k|
|Chief Financial Officer||1.58yrs||no data||0.0042% SEK247.7k|
|Acting Chief Technology Officer||no data||no data||no data|
|General Counsel||1.25yrs||no data||no data|
|Head of Compliance||1.25yrs||no data||no data|
|Chief Operating Officer of Commercial Operations||no data||no data||no data|
|Chief Game Development Officer||2.25yrs||no data||no data|
Experienced Management: NET B's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Independent Director||9.25yrs||kr303.00k||0.36% SEK21.1m|
|Director||0.92yr||no data||no data|
|Independent Chairman of the Board||2yrs||kr610.00k||0.10% SEK5.9m|
|Independent Director||11yrs||kr303.00k||5.9% SEK349.9m|
|Independent Director||8.25yrs||kr337.00k||0.0050% SEK294.5k|
|Independent Director||0.92yr||no data||no data|
|Independent Director||0.92yr||no data||no data|
Experienced Board: NET B's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NET 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.
NetEnt AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: NetEnt AB (publ)
- Ticker: NET B
- Exchange: OM
- Founded: 1996
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr5.926b
- Shares outstanding: 239.13m
- Website: https://www.netent.com
Number of Employees
- NetEnt AB (publ)
- Vasagatan 16
- Stockholm County
- 111 20
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|0RG0||LSE (London Stock Exchange)||SER'B'NPV (POST SPLIT)||GB||GBP||No data|
|NET B||OM (OMX Nordic Exchange Stockholm)||SER'B'NPV (POST SPLIT)||SE||SEK||No data|
|NET B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Stock||SE||SEK||Apr 2007|
|0XX7||LSE (London Stock Exchange)||Yes||Series B Stock||GB||SEK||Apr 2007|
|KT0U||DB (Deutsche Boerse AG)||Yes||Series B Stock||DE||EUR||Apr 2007|
|NETBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Stock||GB||SEK||Apr 2007|
|NTAB.F||OTCPK (Pink Sheets LLC)||Yes||Series B Stock||US||USD||Apr 2007|
|NTNT.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Aug 2016|
|NET B||OM (OMX Nordic Exchange Stockholm)||NPV B||SE||SEK||May 2018|
NetEnt AB (publ) provides digital distributed games and gaming systems to online casino operators worldwide. The company’s gaming solutions include NetEnt Live, NetEnt Engage, Pooled Jackpots, Branded Games, and Back Office. It has approximately 200 game titles in 24 languages, which can be played on computers, tablet, and mobiles, as well as physical gaming machines. The company was formerly known as Net Entertainment NE AB (publ) and changed its name to NetEnt AB (publ) in May 2015. NetEnt AB (publ) was founded in 1996 and is based in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 22:59|
|End of Day Share Price||2020/04/03 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.