ATIN

Athanase Innovation OM:ATIN Stock Report

Last Price

kr38.45

Market Cap

kr1.2b

7D

-3.9%

1Y

n/a

Updated

30 Jun, 2022

Data

Company Financials
ATIN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends2/6

ATIN Stock Overview

Athanase Innovation AB is an alternative investment firm in Sweden.

Athanase Innovation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Athanase Innovation
Historical stock prices
Current Share Pricekr38.45
52 Week Highkr222.40
52 Week Lowkr38.45
Beta0
1 Month Change-29.32%
3 Month Change-39.01%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-60.01%

Recent News & Updates

Shareholder Returns

ATINSE Capital MarketsSE Market
7D-3.9%-2.4%-0.5%
1Yn/a-34.9%-24.2%

Return vs Industry: Insufficient data to determine how ATIN performed against the Swedish Capital Markets industry.

Return vs Market: Insufficient data to determine how ATIN performed against the Swedish Market.

Price Volatility

Is ATIN's price volatile compared to industry and market?
ATIN volatility
ATIN Average Weekly Movement6.3%
Capital Markets Industry Average Movement8.0%
Market Average Movement7.5%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: ATIN is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ATIN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201626Bjorn Jefferyhttps://www.athanaseinnovation.com

Athanase Innovation AB is an alternative investment firm in Sweden. It invests in companies that operate in the forefront of robotics, digitalization, and automation. The company was incorporated in 2016 and is based in Stockholm, Sweden.

Athanase Innovation Fundamentals Summary

How do Athanase Innovation's earnings and revenue compare to its market cap?
ATIN fundamental statistics
Market Capkr1.19b
Earnings (TTM)-kr61.26m
Revenue (TTM)kr2.63m

453.3x

P/S Ratio

-19.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATIN income statement (TTM)
Revenuekr2.63m
Cost of Revenuekr25.18m
Gross Profit-kr22.55m
Other Expenseskr38.72m
Earnings-kr61.26m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.97
Gross Margin-856.32%
Net Profit Margin-2,326.81%
Debt/Equity Ratio0.06%

How did ATIN perform over the long term?

See historical performance and comparison

Dividends

62.4%

Current Dividend Yield

-436%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ATIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATIN?

Other financial metrics that can be useful for relative valuation.

ATIN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue188.7x
Enterprise Value/EBITDA-25.9x
PEG Ration/a

Price to Book Ratio vs Peers

How does ATIN's PB Ratio compare to its peers?

ATIN PB Ratio vs Peers
The above table shows the PB ratio for ATIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.2x
TBD30 A tbd30
1.5xn/akr1.2b
APAC SPAC A Aligro Planet Acquisition Company
1.2xn/akr1.2b
CPE I Coeli Private Equity
1xn/akr1.5b
CPAC SPAC Creaspac
0.9xn/akr2.3b
ATIN Athanase Innovation
1.3xn/akr1.2b

Price-To-Book vs Peers: ATIN is expensive based on its Price-To-Book Ratio (1.3x) compared to the peer average (1.2x).


Price to Earnings Ratio vs Industry

How does ATIN's PE Ratio compare vs other companies in the SE Capital Markets Industry?

Price-To-Book vs Industry: ATIN is expensive based on its Price-To-Book Ratio (1.3x) compared to the Swedish Capital Markets industry average (1.2x)


Price to Book Ratio vs Fair Ratio

What is ATIN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATIN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ATIN's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ATIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ATIN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ATIN's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATIN's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.5%

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 Athanase Innovation 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.


Discover growth companies

  • Examine Athanase Innovation's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Athanase Innovation competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Athanase Innovation performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-260.1%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: ATIN is currently unprofitable.

Growing Profit Margin: ATIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if ATIN's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: ATIN is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (48%).


Return on Equity

High ROE: ATIN has a negative Return on Equity (-6.93%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Athanase Innovation's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ATIN's short term assets (SEK712.2M) exceed its short term liabilities (SEK16.6M).

Long Term Liabilities: ATIN's short term assets (SEK712.2M) exceed its long term liabilities (SEK951.0K).


Debt to Equity History and Analysis

Debt Level: ATIN has more cash than its total debt.

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


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: ATIN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ATIN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 220% each year


Discover healthy companies

Dividend

What is Athanase Innovation current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


62.42%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ATIN's dividend (62.42%) is higher than the bottom 25% of dividend payers in the Swedish market (1.65%).

High Dividend: ATIN's dividend (62.42%) is in the top 25% of dividend payers in the Swedish market (5.33%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether ATIN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if ATIN's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: ATIN is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: ATIN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average board tenure


CEO

Bjorn Jeffery (40 yo)

0.42

Tenure

Mr. Bjorn Jeffery serves as Independent Director at Acast AB (publ) since 2019. Mr. Jeffery's previous experience includes positions/assignments as Chief Executive Officer and Board Member of companies wit...


Board Members

Experienced Board: ATIN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: ATIN only recently listed within the past 12 months.


Top Shareholders

Company Information

Athanase Innovation AB's employee growth, exchange listings and data sources


Key Information

  • Name: Athanase Innovation AB
  • Ticker: ATIN
  • Exchange: OM
  • Founded: 2016
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: kr1.194b
  • Shares outstanding: 31.04m
  • Website: https://www.athanaseinnovation.com

Number of Employees


Location

  • Athanase Innovation AB
  • Nybrogatan 3
  • Stockholm
  • Stockholm County
  • 114 34
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.