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Raketech Group Holding

OM:RAKE
Snowflake Description

Very undervalued with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RAKE
OM
SEK505M
Market Cap
  1. Home
  2. SE
  3. Consumer Services
Company description

Raketech Group Holding PLC operates as an online affiliate and content marketing company worldwide. The last earnings update was 89 days ago. More info.


Add to Portfolio Compare Print
  • Raketech Group Holding has significant price volatility in the past 3 months.
RAKE Share Price and Events
7 Day Returns
-3.2%
OM:RAKE
-1.2%
SE Hospitality
-1.2%
SE Market
1 Year Returns
-51%
OM:RAKE
-6.6%
SE Hospitality
-2.6%
SE Market
RAKE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Raketech Group Holding (RAKE) -3.2% -16.9% -29.2% -51% - -
SE Hospitality -1.2% -11.4% -5.4% -6.6% 16.1% 36%
SE Market -1.2% -4.8% -1.8% -2.6% 6% 14.3%
1 Year Return vs Industry and Market
  • RAKE underperformed the Hospitality industry which returned -6.6% over the past year.
  • RAKE underperformed the Market in Sweden which returned -2.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Raketech Group Holding's competitors could be found in our database.

Value

 Is Raketech Group Holding 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
Here we compare the current share price of Raketech Group Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Raketech Group Holding.

OM:RAKE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.1%
Perpetual Growth Rate 10-Year SE Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OM:RAKE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.897 (1 + (1- 35%) (7.12%))
0.958
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (0.958 * 5.96%)
6.15%

Discounted Cash Flow Calculation for OM:RAKE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Raketech Group Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

OM:RAKE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.15%)
2020 13.00 Analyst x1 12.25
2021 13.00 Analyst x1 11.54
2022 13.02 Est @ 0.13% 10.88
2023 13.05 Est @ 0.22% 10.28
2024 13.08 Est @ 0.29% 9.71
2025 13.13 Est @ 0.33% 9.18
2026 13.17 Est @ 0.36% 8.68
2027 13.22 Est @ 0.38% 8.21
2028 13.28 Est @ 0.4% 7.76
2029 13.33 Est @ 0.41% 7.34
Present value of next 10 years cash flows €95.82
OM:RAKE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €13.33 × (1 + 0.43%) ÷ (6.15% – 0.43%)
€234.39
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €234.39 ÷ (1 + 6.15%)10
€129.08
OM:RAKE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €95.82 + €129.08
€224.90
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €224.90 / 37.52
€5.99
OM:RAKE Discount to Share Price
Calculation Result
Exchange Rate EUR/SEK
(Reporting currency to currency of OM:RAKE)
10.724
Value per Share
(SEK)
= Value per Share in EUR x Exchange Rate (EUR/SEK)
= €5.99 x 10.724
SEK64.28
Value per share (SEK) From above. SEK64.28
Current discount Discount to share price of SEK13.46
= -1 x (SEK13.46 - SEK64.28) / SEK64.28
79.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Raketech Group Holding is available for.
Intrinsic value
>50%
Share price is SEK13.46 vs Future cash flow value of SEK64.28
Current Discount Checks
For Raketech Group Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Raketech Group Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Raketech Group Holding's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Raketech Group Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Raketech Group Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:RAKE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.25
OM:RAKE Share Price ** OM (2019-08-19) in SEK SEK13.46
OM:RAKE Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.093 €1.26
Sweden Hospitality Industry PE Ratio Median Figure of 20 Publicly-Listed Hospitality Companies 14.94x
Sweden Market PE Ratio Median Figure of 322 Publicly-Listed Companies 15.9x

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

** Primary Listing of Raketech Group Holding.

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

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

= 1.26 ÷ 0.25

5.1x

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

  • Raketech Group Holding is good value based on earnings compared to the SE Hospitality industry average.
  • Raketech Group Holding is good value based on earnings compared to the Sweden market.
Price based on expected Growth
Does Raketech Group Holding's expected growth come at a high price?
Raw Data
OM:RAKE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
8.5%per year
Sweden Hospitality Industry PEG Ratio Median Figure of 18 Publicly-Listed Hospitality Companies 0.71x
Sweden Market PEG Ratio Median Figure of 236 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

OM:RAKE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.1x ÷ 8.5%

0.6x

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

  • Raketech Group Holding is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Raketech Group Holding's assets?
Raw Data
OM:RAKE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €1.67
OM:RAKE Share Price * OM (2019-08-19) in SEK SEK13.46
OM:RAKE Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.093 €1.26
Sweden Hospitality Industry PB Ratio Median Figure of 22 Publicly-Listed Hospitality Companies 3.02x
Sweden Market PB Ratio Median Figure of 577 Publicly-Listed Companies 2.57x
OM:RAKE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.26 ÷ 1.67

0.75x

* Primary Listing of Raketech Group Holding.

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

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

Future Performance

 How is Raketech Group Holding expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
8.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Raketech Group Holding expected to grow at an attractive rate?
  • Raketech Group Holding's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Raketech Group Holding's earnings growth is expected to exceed the Sweden market average.
  • Raketech Group Holding's revenue growth is expected to exceed the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:RAKE Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:RAKE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 8.5%
OM:RAKE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.2%
Sweden Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 12.6%
Sweden Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 10.5%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.2%
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:RAKE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:RAKE Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 15
2022-12-31 14
2021-12-31 31 16 12 2
2020-12-31 30 15 11 2
2019-12-31 28 11 12 2
OM:RAKE Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 27 13 9
2018-12-31 26 11 5
2018-09-30 23 7 4
2018-06-30 20 7 3
2018-03-31 19 7 5
2017-12-31 17 5 6
2016-12-31 10 16 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Raketech Group Holding's earnings are expected to grow by 8.5% yearly, however this is not considered high growth (20% yearly).
  • Raketech Group Holding's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).
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:RAKE 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 2 Analyst Estimates (S&P Global) See Below

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

OM:RAKE Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.32 0.33 0.32 2.00
2020-12-31 0.30 0.30 0.29 2.00
2019-12-31 0.30 0.33 0.28 2.00
OM:RAKE Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.25
2018-12-31 0.15
2018-09-30 0.10
2018-06-30 0.09
2018-03-31 0.20
2017-12-31 0.24
2016-12-31 0.33

*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.
  • Raketech Group Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Raketech Group Holding'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.
Raketech Group Holding has a total score of 3/6, 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.

Past Performance

  How has Raketech Group Holding 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 Raketech Group Holding's growth in the last year to its industry (Hospitality).
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.
  • Raketech Group Holding has delivered over 20% year on year earnings growth in the past 5 years.
  • Raketech Group Holding's 1-year earnings growth exceeds its 5-year average (78.5% vs 24%)
  • Raketech Group Holding's earnings growth has exceeded the SE Hospitality industry average in the past year (78.5% vs 22.4%).
Earnings and Revenue History
Raketech Group Holding'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 Raketech Group Holding Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:RAKE Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 27.11 8.52 0.35
2018-12-31 25.56 4.71 0.35
2018-09-30 22.54 3.62 0.21
2018-06-30 20.45 3.46 0.21
2018-03-31 18.69 4.77 0.21
2017-12-31 17.15 5.77 0.21
2016-12-31 10.44 7.64 0.00
2015-12-31 2.09 0.05

*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.
  • Raketech Group Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Raketech Group Holding used its assets more efficiently than the SE Hospitality industry average last year based on Return on Assets.
  • Raketech Group Holding's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Raketech Group Holding'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 Hospitality 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.
Raketech Group Holding has a total score of 4/6, 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.

Health

 How is Raketech Group Holding'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 Raketech Group Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Raketech Group Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Raketech Group Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Raketech Group Holding'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 3.1x 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 Raketech Group Holding Company Filings, last reported 4 months ago.

OM:RAKE Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 63.45 2.82 4.08
2018-12-31 58.73 7.88 7.53
2018-09-30 57.02 21.95 20.51
2018-06-30 54.99 37.37 4.30
2018-03-31 16.57 36.24 7.39
2017-12-31 15.67 28.08 3.10
2016-12-31 8.90 0.00 0.06
2015-12-31 0.26 0.00 0.03
  • Raketech Group Holding's level of debt (4.4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Raketech Group Holding's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (474.4%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Raketech Group Holding'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. Raketech Group Holding has a total score of 4/6, 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.

Dividends

 What is Raketech Group Holding'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 Raketech Group Holding dividends. Estimated to be 0% next year.
If you bought SEK2,000 of Raketech Group Holding 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 Raketech Group Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Raketech Group Holding'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:RAKE 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 2 Analyst Estimates (S&P Global) See Below
Sweden Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 244 Stocks 3.7%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.3%
Sweden Bottom 25% Dividend Yield 25th Percentile 2%
Sweden Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

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

OM:RAKE Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as Raketech Group Holding has not reported any payouts.
  • Unable to verify if Raketech Group Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Raketech Group Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Raketech Group Holding has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Raketech Group Holding's dividends in 3 years as they are not expected to pay a notable one for Sweden.
X
Income/ dividend checks
We assess Raketech Group Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Raketech Group Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Raketech Group Holding 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.

Management

 What is the CEO of Raketech Group Holding'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
Michael Holmberg
AGE 46
TENURE AS CEO 2.5 years
CEO Bio

Mr. Michael Holmberg has been the Chief Executive Officer of RakeTech Ltd., since February 2017.

CEO Compensation
  • Insufficient data for Michael to compare compensation growth.
  • Insufficient data for Michael to establish whether their remuneration is reasonable compared to companies of similar size in Sweden.
Management Team Tenure

Average tenure and age of the Raketech Group Holding management team in years:

1.1
Average Tenure
36
Average Age
  • The average tenure for the Raketech Group Holding management team is less than 2 years, this suggests a new team.
Management Team

Michael Holmberg

TITLE
Chief Executive Officer
AGE
46
TENURE
2.5 yrs

Johan Per Svensson

TITLE
Founder
AGE
34

Andreas Kovacs

TITLE
Chief Financial Officer
AGE
35
TENURE
2.6 yrs

Oskar Mühlbach

TITLE
Chief Operating Officer
TENURE
0.3 yrs

Jonas Petersson

TITLE
Chief Technical Officer
AGE
44
TENURE
1.6 yrs

Scott Collins

TITLE
Head of Communications & Corporate Responsibility

Niklas Forsberg

TITLE
Sales Director
AGE
33
TENURE
0.6 yrs

Martin Schillig

TITLE
Human Resources Director
AGE
36
TENURE
1.1 yrs

Erik Jensen

TITLE
Managing Director of Sports Media
AGE
45
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Raketech Group Holding board of directors in years:

2.6
Average Tenure
44
Average Age
  • The average tenure for the Raketech Group Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Carl Oscar Lundberg

TITLE
Chairman of the Board
AGE
63
TENURE
2.6 yrs

Johan Per Svensson

TITLE
Founder
AGE
34
TENURE
2.9 yrs

Benkt Svederman

TITLE
Non Executive Director
AGE
49
TENURE
2.3 yrs

Annika Billberg

TITLE
Director
AGE
44
TENURE
1.3 yrs

Erik Johan Skarp

TITLE
Director
AGE
34
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Raketech Group Holding individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
23. May 19 Buy Johan Per Svensson Individual 23. May 19 23. May 19 20,000 SEK17.09 SEK341,800
29. Dec 18 Buy Benkt Svederman Individual 21. Dec 18 21. Dec 18 10,000 SEK19.50 SEK190,072
22. Dec 18 Buy Benkt Svederman Individual 21. Dec 18 21. Dec 18 10,000 SEK19.01 SEK190,100
05. Sep 18 Buy Michael Holmberg Individual 03. Sep 18 04. Sep 18 8,970 SEK24.21 SEK215,826
10. Sep 18 Buy Carl Oscar Lundberg Individual 07. Sep 18 10. Sep 18 12,000 SEK24.40 SEK288,770
03. Sep 18 Buy Johan Per Svensson Individual 30. Aug 18 31. Aug 18 40,000 SEK24.75 SEK982,458
29. Aug 18 Buy Benkt Svederman Individual 29. Aug 18 29. Aug 18 12,210 SEK24.89 SEK303,907
X
Management checks
We assess Raketech Group Holding'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. Raketech Group Holding 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.

News

Simply Wall St News

Why Raketech Group Holding PLC (STO:RAKE) Could Be Your Next Investment

Investors have the opportunity to buy into the stock to reap capital gains, if RAKE's projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. … Also, relative to the rest of its peers with similar levels of earnings, RAKE's share price is trading below the group's average. … Dividend Income vs Capital Gains: Does RAKE return gains to shareholders through reinvesting in itself and growing earnings, or redistribute a decent portion of earnings as dividends?

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Should You Be Worried About Raketech Group Holding p.l.c.'s (STO:RAKE) 13% Return On Equity?

Our data shows Raketech Group Holding has a return on equity of 13% for the last year. … Check out our latest analysis for Raketech Group Holding How Do You Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Raketech Group Holding: 13% = €8.5m ÷ €63m (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation.

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What Can We Learn From Raketech Group Holding p.l.c.’s (STO:RAKE) Investment Returns?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Raketech Group Holding: 0.18 = €13m ÷ (€78m - €6.6m) (Based on the trailing twelve months to December 2018.) Therefore, Raketech Group Holding has an ROCE of 18%. … Raketech Group Holding's Current Liabilities And Their Impact On Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. … In addition to low current liabilities (making a negligible impact on ROCE), Raketech Group Holding earns a sound return on capital employed.

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Are Raketech Group Holding p.l.c.’s (STO:RAKE) Returns Worth Your While?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

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Read This Before You Buy Raketech Group Holding p.l.c. (STO:RAKE) Because Of Its P/E Ratio

We'll look at Raketech Group Holding p.l.c.'s (STO:RAKE) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 13.76 = €2.08 (Note: this is the share price in the reporting currency, namely, EUR ) ÷ €0.15

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Should Raketech Group Holding p.l.c. (STO:RAKE) Focus On Improving This Fundamental Metric?

We'll use ROE to examine Raketech Group Holding p.l.c. … Over the last twelve months Raketech Group Holding has recorded a ROE of 6.3%. … Return on Equity = Net Profit ÷ Shareholders' Equity

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What Investors Should Know About Raketech Group Holding p.l.c.'s (STO:RAKE) Financial Strength

(STO:RAKE) with its market cap of kr762m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … I believe these basic checks tell most of the story you need to know.

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Have Insiders Been Buying Raketech Group Holding p.l.c. (STO:RAKE) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Raketech Group Holding p.l.c. … The Last 12 Months Of Insider Transactions At Raketech Group Holding.

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An Examination Of Raketech Group Holding p.l.c. (STO:RAKE)

Upon building up an investment case for a stock, we should look at various aspects. … In the case of RAKE, it. … Below is a brief commentary on these key aspects.

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Here's What Raketech Group Holding plc's (STO:RAKE) P/E Is Telling Us

We'll show how you can use Raketech Group Holding plc's (STO:RAKE) P/E ratio to inform your assessment of the investment opportunity. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 17.42 = €2.29 (Note: this is the share price in the reporting currency, namely, EUR ) ÷ €0.13

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Company Info

Description

Raketech Group Holding PLC operates as an online affiliate and content marketing company worldwide. The company offers comparison services, online guides, communities, and social media products for the online gaming, sports, and consumer finance industry. It operates CasinoGuide.se, a casino review Website; BetXpert.com that offers sports betting content, expert betting advice, and live match data from sports; TurtleBet.com that provides casino content, bonus offers, and sports betting news. The company also operates TV sports guide family, which offer real-time listings, live scores, and match information to sports fans; Lånapengar.com, a financial platform; Betting.se, a sports betting Website; and CasinoFeber.se that provides casino-related content, including casino news, reviews and latest promotions. In addition, it operates CasinoBonusar.nu that offers promotions, bonus spin offers, and campaigns; Cryptimi.com, a digital currency and block chain review site; Casinoer.com, an online guide; Urheiluveikkaus.com, a sports betting affiliate product; and Norskkreditt.no, a consumer finance Website. Raketech Group Holding PLC was founded in 2010 and is headquartered in St Julian's, Malta.

Details
Name: Raketech Group Holding PLC
RAKE
Exchange: OM
Founded: 2010
SEK505,041,583
37,521,663
Website: http://www.raketech.com
Address: Raketech Group Holding PLC
6 Paceville Avenue,
St Julian's,
STJ3109,
Malta
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM RAKE New Common A Shares OMX Nordic Exchange Stockholm SE SEK 27. Jun 2018
Number of employees
Current staff
Staff numbers
90
Raketech Group Holding employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/19 22:23
End of day share price update: 2019/08/19 00:00
Last estimates confirmation: 2019/08/16
Last earnings filing: 2019/05/22
Last earnings reported: 2019/03/31
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.