Market Cap
kr11.6b
Last Updated
2021/01/22 19:15 UTC
Data Sources
Company Financials
Executive Summary
Creades AB is a private equity and venture capital investment firm. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with proven track record.
Share Price & News
How has Creades's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRED A is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CRED A's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
3.2%
CRED A
1.3%
SE Diversified Financial
1.6%
SE Market
1 Year Return
98.9%
CRED A
21.9%
SE Diversified Financial
15.6%
SE Market
Return vs Industry: CRED A exceeded the Swedish Diversified Financial industry which returned 24.1% over the past year.
Return vs Market: CRED A exceeded the Swedish Market which returned 17.1% over the past year.
Shareholder returns
| CRED A | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | 1.3% | 1.6% |
| 30 Day | 5.2% | 5.8% | 5.6% |
| 90 Day | 2.5% | 10.8% | 10.9% |
| 1 Year | 106.3%98.9% | 23.5%21.9% | 18.7%15.6% |
| 3 Year | 213.1%177.4% | 67.8%51.6% | 48.6%30.9% |
| 5 Year | 470.3%383.2% | 151.1%111.8% | 87.5%47.6% |
Long-Term Price Volatility Vs. Market
How volatile is Creades's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Shareholders of Creades (STO:CRED A) Must Be Delighted With Their 396% Total Return2 months ago | Simply Wall St
Why Creades AB (STO:CRED A) Is A Top Dividend Stock2 months ago | Simply Wall St
Here's Why We Think Creades (STO:CRED A) Is Well Worth WatchingValuation
Is Creades undervalued compared to its fair value and its price relative to the market?
4.56x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CRED A (SEK935) is trading above our estimate of fair value (SEK890.76)
Significantly Below Fair Value: CRED A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CRED A is good value based on its PE Ratio (4.6x) compared to the SE Diversified Financial industry average (6.4x).
PE vs Market: CRED A is good value based on its PE Ratio (4.6x) compared to the Swedish market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRED A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRED A is overvalued based on its PB Ratio (1.8x) compared to the SE Diversified Financial industry average (1.2x).
Next Steps
Future Growth
How is Creades forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-26.6%
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 Creades 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
- Check out Creades's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Creades competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Creades performed over the past 5 years?
35.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRED A has a high level of non-cash earnings.
Growing Profit Margin: CRED A's current net profit margins (91.3%) are lower than last year (93.9%).
Past Earnings Growth Analysis
Earnings Trend: CRED A's earnings have grown significantly by 35.1% per year over the past 5 years.
Accelerating Growth: CRED A's earnings growth over the past year (235.1%) exceeds its 5-year average (35.1% per year).
Earnings vs Industry: CRED A earnings growth over the past year (235.1%) exceeded the Diversified Financial industry 189.7%.
Return on Equity
High ROE: CRED A's Return on Equity (39.9%) is considered high.
Next Steps
Financial Health
How is Creades's financial position?
Financial Position Analysis
Short Term Liabilities: CRED A's short term assets (SEK832.0M) exceed its short term liabilities (SEK283.0M).
Long Term Liabilities: CRED A's short term assets (SEK832.0M) exceed its long term liabilities (SEK6.0M).
Debt to Equity History and Analysis
Debt Level: CRED A is debt free.
Reducing Debt: CRED A has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: CRED A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CRED A has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Creades's current dividend yield, its reliability and sustainability?
1.50%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CRED A's dividend (1.5%) is higher than the bottom 25% of dividend payers in the Swedish market (0.94%).
High Dividend: CRED A's dividend (1.5%) is low compared to the top 25% of dividend payers in the Swedish market (3.41%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CRED A has been paying a dividend for less than 10 years.
Growing Dividend: CRED A has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.8%), CRED A's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average board tenure
CEO
John Hedberg (48 yo)
4.17yrs
Tenure
kr17,300,000
Compensation
Mr. John Hedberg has been the Chief Executive Officer and Managing Director of Creades AB since November 2016. He also serves as Chairman of the Board at PRNT/StickerApp and as Board Member at Avanza Pensi...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.09M) is above average for companies of similar size in the Swedish market ($USD921.90K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 7yrs | kr200.00k | 0.0080% SEK 928.7k | |
| Chairman of the Board | 10yrs | no data | no data | |
| Independent Director | 9yrs | kr200.00k | no data | |
| Independent Director | 5yrs | kr200.00k | 0.013% SEK 1.5m | |
| Director | 1yr | no data | no data | |
| Independent Director | 5yrs | kr200.00k | no data |
6.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: CRED A's board of directors are considered experienced (6 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Creades AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Creades AB
- Ticker: CRED A
- Exchange: OM
- Founded: 2011
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: kr11.580b
- Shares outstanding: 12.47m
- Website: https://www.creades.se
Number of Employees
Location
- Creades AB
- Ingmar Bergmans gata 4
- 7th Floor
- Stockholm
- Stockholm County
- 10216
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CRED A | OM (OMX Nordic Exchange Stockholm) | Yes | Class A Shares | SE | SEK | Feb 2012 |
| 0QI9 | LSE (London Stock Exchange) | Yes | Class A Shares | GB | SEK | Feb 2012 |
| CREDAS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | SEK | Feb 2012 |
Biography
Creades AB is a private equity and venture capital investment firm. The firm typically invests in small and medium-sized public and private companies. It focuses on Swedish companies. The firm seeks to inv...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 19:15 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.