OM:NLAB

Stock Analysis Report

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Executive Summary

Enlabs AB (publ) creates entertainment in gaming, media, and solutions business areas. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Enlabs's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NLAB is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NLAB's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.0%

NLAB

3.8%

SE Hospitality

1.6%

SE Market


1 Year Return

65.4%

NLAB

74.1%

SE Hospitality

15.6%

SE Market

Return vs Industry: NLAB underperformed the Swedish Hospitality industry which returned 78.1% over the past year.

Return vs Market: NLAB exceeded the Swedish Market which returned 17.1% over the past year.


Shareholder returns

NLABIndustryMarket
7 Day2.0%3.8%1.6%
30 Day20.2%11.5%5.6%
90 Day46.3%27.0%10.9%
1 Year65.4%65.4%81.1%74.1%18.7%15.6%
3 Year48.4%48.4%133.5%109.8%48.6%30.9%
5 Year1,179.2%1,179.2%212.7%174.7%87.5%47.6%

Long-Term Price Volatility Vs. Market

How volatile is Enlabs's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Enlabs 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: NLAB (SEK44.9) is trading below our estimate of fair value (SEK141.62)

Significantly Below Fair Value: NLAB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NLAB is good value based on its PE Ratio (18.6x) compared to the SE Hospitality industry average (21.8x).

PE vs Market: NLAB is good value based on its PE Ratio (18.6x) compared to the Swedish market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: NLAB is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: NLAB is overvalued based on its PB Ratio (4.8x) compared to the SE Hospitality industry average (3.9x).


Next Steps

Future Growth

How is Enlabs forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

21.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NLAB's forecast earnings growth (21.3% per year) is above the savings rate (0.4%).

Earnings vs Market: NLAB's earnings (21.3% per year) are forecast to grow faster than the Swedish market (12% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NLAB's revenue (34.2% per year) is forecast to grow faster than the Swedish market (3.4% per year).

High Growth Revenue: NLAB's revenue (34.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NLAB's Return on Equity is forecast to be high in 3 years time (22.1%)


Next Steps

Past Performance

How has Enlabs performed over the past 5 years?

44.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NLAB has high quality earnings.

Growing Profit Margin: NLAB's current net profit margins (37%) are higher than last year (25.1%).


Past Earnings Growth Analysis

Earnings Trend: NLAB has become profitable over the past 5 years, growing earnings by 44.1% per year.

Accelerating Growth: NLAB's earnings growth over the past year (63.1%) exceeds its 5-year average (44.1% per year).

Earnings vs Industry: NLAB earnings growth over the past year (63.1%) exceeded the Hospitality industry 5.7%.


Return on Equity

High ROE: NLAB's Return on Equity (19.8%) is considered low.


Next Steps

Financial Health

How is Enlabs's financial position?


Financial Position Analysis

Short Term Liabilities: NLAB's short term assets (€22.6M) exceed its short term liabilities (€8.1M).

Long Term Liabilities: NLAB's short term assets (€22.6M) exceed its long term liabilities (€4.3M).


Debt to Equity History and Analysis

Debt Level: NLAB is debt free.

Reducing Debt: NLAB has not had any debt for past 5 years.

Debt Coverage: NLAB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NLAB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Enlabs's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NLAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NLAB'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 NLAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NLAB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NLAB is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NLAB'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?

1.0yrs

Average management tenure


CEO

George Ustinov

0.92

Tenure

Mr. George Ustinov has been Chief Executive and President at Enlabs AB (publ) since February 2020. Mr. Ustinov was the Chief Operating Officer at Enlabs AB (publ) from December 2019 until February 2020 and...


Leadership Team

NamePositionTenureCompensationOwnership
George Ustinov
CEO & President0.92yrno data0.15%
€ 4.5m
Adam Jonsson
Chief Financial Officer1.08yrsno data0.0015%
€ 44.9k
Davit Khatiashvili
Chief Technology Officer2yrsno datano data
Alnis Vitols
Head of Legal1.75yrsno datano data
Smooth Winbo
Market Managerno datano datano data
Sami Koponen
Head of Mediano datano data0.16%
€ 4.9m
Dainis Niedra
Managing Director of Central Eastern Europe1yrno data0.0044%
€ 134.9k
Julius Järvinen
Managing Director of Northwestern Europe1yrno datano data

1.0yrs

Average Tenure

Experienced Management: NLAB's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Åström
Director7.67yrs€22.00k0.48%
€ 14.5m
Staffan Dahl
Independent Director3.67yrs€24.00k0.12%
€ 3.6m
Niklas Braathen
Chairman of the Board of Directors7.67yrs€43.00kno data
Ludwig Pettersson
Independent Director3.67yrs€22.00k0.44%
€ 13.5m
Christian Haupt
Independent Director2.67yrs€19.00k8.37%
€ 253.8m

3.7yrs

Average Tenure

52yo

Average Age

Experienced Board: NLAB's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NLAB insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

Enlabs AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enlabs AB (publ)
  • Ticker: NLAB
  • Exchange: OM
  • Founded: 2005
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: kr3.032b
  • Shares outstanding: 67.37m
  • Website: https://enlabs.se

Number of Employees


Location

  • Enlabs AB (publ)
  • Stora Gatan 46
  • Sigtuna
  • Stockholm County
  • 193 30
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NLABOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKJul 2006
8NLDB (Deutsche Boerse AG)YesShare CapitalDEEURJul 2006

Biography

Enlabs AB (publ) creates entertainment in gaming, media, and solutions business areas. It offers entertainment through various products, including casino, live casino, betting, poker, and bingo under vario...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 19:54
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.