OM:RAKE

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Raketech Group Holding

Executive Summary

Raketech Group Holding PLC operates as an online affiliate and content marketing company worldwide.


Snowflake Analysis

Very undervalued with reasonable growth potential.

Share Price & News

How has Raketech Group Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RAKE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.0%

RAKE

-2.0%

SE Hospitality

0.7%

SE Market


1 Year Return

-30.4%

RAKE

63.6%

SE Hospitality

16.9%

SE Market

Return vs Industry: RAKE underperformed the Swedish Hospitality industry which returned 65.7% over the past year.

Return vs Market: RAKE underperformed the Swedish Market which returned 16.2% over the past year.


Shareholder returns

RAKEIndustryMarket
7 Day1.0%-2.0%0.7%
30 Day15.5%-4.8%3.5%
90 Day34.4%28.2%16.0%
1 Year-30.4%-30.4%70.9%63.6%18.6%16.9%
3 Yearn/a67.6%51.2%30.1%16.4%
5 Yearn/a130.3%111.7%43.4%15.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Raketech Group Holding 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: RAKE (SEK9.68) is trading below our estimate of fair value (SEK69.68)

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


Price To Earnings Ratio

PE vs Industry: RAKE is good value based on its PE Ratio (9.8x) compared to the SE Hospitality industry average (33.8x).

PE vs Market: RAKE is good value based on its PE Ratio (9.8x) compared to the Swedish market (21.8x).


Price to Earnings Growth Ratio

PEG Ratio: RAKE is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: RAKE is good value based on its PB Ratio (0.5x) compared to the SE Hospitality industry average (3.2x).


Next Steps

Future Growth

How is Raketech Group Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

34.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RAKE's forecast earnings growth (34.3% per year) is above the savings rate (0.5%).

Earnings vs Market: RAKE's earnings (34.3% per year) are forecast to grow faster than the Swedish market (19.8% per year).

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

Revenue vs Market: RAKE's revenue (14.6% per year) is forecast to grow faster than the Swedish market (6.4% per year).

High Growth Revenue: RAKE's revenue (14.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RAKE's Return on Equity is forecast to be low in 3 years time (11.3%).


Next Steps

Past Performance

How has Raketech Group Holding performed over the past 5 years?

20.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RAKE has high quality earnings.

Growing Profit Margin: RAKE's current net profit margins (15%) are lower than last year (31.5%).


Past Earnings Growth Analysis

Earnings Trend: RAKE's earnings have grown significantly by 20.5% per year over the past 5 years.

Accelerating Growth: RAKE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RAKE had negative earnings growth (-57.9%) over the past year, making it difficult to compare to the Hospitality industry average (-24.1%).


Return on Equity

High ROE: RAKE's Return on Equity (5.3%) is considered low.


Next Steps

Financial Health

How is Raketech Group Holding's financial position?


Financial Position Analysis

Short Term Liabilities: RAKE's short term assets (€7.6M) exceed its short term liabilities (€6.2M).

Long Term Liabilities: RAKE's short term assets (€7.6M) do not cover its long term liabilities (€10.0M).


Debt to Equity History and Analysis

Debt Level: RAKE's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if RAKE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RAKE's debt is well covered by operating cash flow (318.1%).

Interest Coverage: RAKE's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Raketech Group Holding current dividend yield, its reliability and sustainability?

4.78%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

0.7yrs

Average management tenure


CEO

Oskar Mühlbach (40 yo)

0.67

Tenure

Mr. Oskar Mühlbach serves as Chief Executive Officer and President of Raketech Group Holding p.l.c. since December 11, 2019 and served as its Chief Operating Officer since April 2019 until 2019. He serves ...


Leadership Team

NamePositionTenureCompensationOwnership
Oskar Mühlbach
CEO & President0.67yrno datano data
Johan Per Svensson
Founder3.92yrsno data8.6%
€ 31.2m
Måns Svalborn
Chief Financial Officer0.67yrno datano data
Oscar Karlsten
Chief Operating Officer0.25yrno datano data
Andreas Kovacs
Head of Investor Relationsno datano datano data
Scott Collins
Head of Communications & Corporate Responsibilityno datano datano data
Klas Winberg
Chief Marketing Officer0.75yrno datano data
Martin Schillig
Human Resources Director3.08yrsno datano data

0.7yrs

Average Tenure

40yo

Average Age

Experienced Management: RAKE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Johan Per Svensson
Founder3.92yrsno data8.6%
€ 31.2m
Carl Oscar Lundberg
Independent Chairman of the Board3.58yrsno data0.22%
€ 785.1k
Annika Billberg
Independent Director2.25yrsno data0.046%
€ 166.7k
Benkt Svederman
Independent Director3.33yrsno data1.32%
€ 4.8m
Patrik Bloch
Director0.25yrno datano data
Erik Johan Skarp
Independent Director3.92yrsno data8.85%
€ 32.1m

3.5yrs

Average Tenure

42.5yo

Average Age

Experienced Board: RAKE's board of directors are considered experienced (3.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RAKE 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

Raketech Group Holding PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Raketech Group Holding PLC
  • Ticker: RAKE
  • Exchange: OM
  • Founded: 2010
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: kr363.088m
  • Shares outstanding: 37.90m
  • Website: https://www.raketech.com

Number of Employees


Location

  • Raketech Group Holding PLC
  • 6 Paceville Avenue
  • St. Julian's
  • STJ3109
  • Malta

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RAKEOM (OMX Nordic Exchange Stockholm)YesNew Common A SharesSESEKJun 2018

Biography

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 onl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 21:18
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
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.