NGM:DIVI B

Stock Analysis Report

Executive Summary

Dividend Sweden AB (publ) provides short-term bridge loans to smaller listed companies in Sweden.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

9.7%

DIVI B

12.7%

SE Capital Markets

4.0%

SE Market


1 Year Return

-57.9%

DIVI B

8.8%

SE Capital Markets

-6.4%

SE Market

Return vs Industry: DIVI B underperformed the Swedish Capital Markets industry which returned 4.5% over the past year.

Return vs Market: DIVI B underperformed the Swedish Market which returned -13.2% over the past year.


Shareholder returns

DIVI BIndustryMarket
7 Day9.7%12.7%4.0%
30 Day-20.4%-7.0%-8.3%
90 Day-10.2%-12.2%-17.8%
1 Year-53.4%-57.9%12.4%8.8%-4.4%-6.4%
3 Year-92.0%-93.2%37.8%26.4%6.8%-8.3%
5 Yearn/a44.0%24.7%13.7%-9.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Dividend Sweden undervalued compared to its fair value and its price relative to the market?

0.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DIVI B's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DIVI B's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DIVI B is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: DIVI B 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 DIVI B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DIVI B is good value based on its PB Ratio (0.5x) compared to the SE Capital Markets industry average (1.7x).


Next Steps

Future Growth

How is Dividend Sweden forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dividend Sweden has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Dividend Sweden performed over the past 5 years?

-59.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DIVI B is currently unprofitable.

Growing Profit Margin: DIVI B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DIVI B is unprofitable, and losses have increased over the past 5 years at a rate of -59.8% per year.

Accelerating Growth: Unable to compare DIVI B's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DIVI B is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (6%).


Return on Equity

High ROE: DIVI B has a negative Return on Equity (-14.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is Dividend Sweden's financial position?


Financial Position Analysis

Short Term Liabilities: DIVI B's short term assets (SEK80.5M) exceed its short term liabilities (SEK12.9M).

Long Term Liabilities: DIVI B has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DIVI B is debt free.

Reducing Debt: DIVI B had no debt 5 years ago.


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 DIVI B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DIVI B is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -12.3% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DIVI B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DIVI B's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


CEO

Bo Lindén (59yo)

no data

Tenure

Mr. Bo Lindén serves as Chief Executive Officer and Director of Dividend Sweden AB (publ). Mr. Lindén serves as the Chief Executive Officer of Capensor Capital AB. He serves as a Senior Partner of Stockhol ...


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 24.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Dividend Sweden AB (publ)
  • Ticker: DIVI B
  • Exchange: NGM
  • Founded: 2013
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: kr30.881m
  • Shares outstanding: 35.09m
  • Website: https://www.dividendsweden.se

Location

  • Dividend Sweden AB (publ)
  • Kungsgatan 24
  • Stockholm
  • Stockholm County
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DIVI BNGM (Nordic Growth Market)YesClass B SharesSESEKApr 2016

Biography

Dividend Sweden AB (publ) provides short-term bridge loans to smaller listed companies in Sweden. The company was founded in 2013 and is based in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 22:47
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
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.