Market Cap
kr575.5m
Last Updated
2021/01/22 18:49 UTC
Data Sources
Company Financials
Executive Summary
NAXS AB (publ) is an investment firm specializing in fund of funds and secondary indirect investments. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has NAXS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NAXS is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NAXS's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
2.4%
NAXS
6.1%
SE Capital Markets
1.6%
SE Market
1 Year Return
-0.4%
NAXS
73.9%
SE Capital Markets
15.6%
SE Market
Return vs Industry: NAXS underperformed the Swedish Capital Markets industry which returned 70.5% over the past year.
Return vs Market: NAXS underperformed the Swedish Market which returned 17.1% over the past year.
Shareholder returns
| NAXS | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | 6.1% | 1.6% |
| 30 Day | 10.2% | 11.4% | 5.6% |
| 90 Day | 11.4% | 26.9% | 10.9% |
| 1 Year | 6.2%-0.4% | 76.3%73.9% | 18.7%15.6% |
| 3 Year | 23.6%5.3% | 94.6%79.5% | 48.6%30.9% |
| 5 Year | 25.5%1.6% | 154.8%115.3% | 87.5%47.6% |
Long-Term Price Volatility Vs. Market
How volatile is NAXS'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 NAXS (STO:NAXS) Have Received 9.9% On Their Investment2 months ago | Simply Wall St
Does NAXS' (STO:NAXS) CEO Salary Compare Well With Industry Peers?4 months ago | Simply Wall St
Is NAXS AB (publ)'s (STO:NAXS) 6.5% Dividend Sustainable?Valuation
Is NAXS undervalued compared to its fair value and its price relative to the market?
121.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NAXS (SEK51.8) is trading above our estimate of fair value (SEK22.19)
Significantly Below Fair Value: NAXS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NAXS is poor value based on its PE Ratio (121.3x) compared to the SE Capital Markets industry average (26.3x).
PE vs Market: NAXS is poor value based on its PE Ratio (121.3x) compared to the Swedish market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NAXS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NAXS is good value based on its PB Ratio (0.9x) compared to the SE Capital Markets industry average (1.3x).
Next Steps
Future Growth
How is NAXS forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.9%
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 NAXS 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
- Examine NAXS'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.
- NAXS 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 NAXS performed over the past 5 years?
-40.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NAXS has high quality earnings.
Growing Profit Margin: NAXS's current net profit margins (26.3%) are lower than last year (59.6%).
Past Earnings Growth Analysis
Earnings Trend: NAXS's earnings have declined by 40.1% per year over the past 5 years.
Accelerating Growth: NAXS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NAXS had negative earnings growth (-79.1%) over the past year, making it difficult to compare to the Capital Markets industry average (106.2%).
Return on Equity
High ROE: NAXS's Return on Equity (0.7%) is considered low.
Next Steps
Financial Health
How is NAXS's financial position?
Financial Position Analysis
Short Term Liabilities: NAXS's short term assets (SEK215.3M) exceed its short term liabilities (SEK652.0K).
Long Term Liabilities: NAXS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NAXS is debt free.
Reducing Debt: NAXS has not had any debt for past 5 years.
Debt Coverage: NAXS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAXS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is NAXS current dividend yield, its reliability and sustainability?
5.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NAXS's dividend (5.79%) is higher than the bottom 25% of dividend payers in the Swedish market (0.94%).
High Dividend: NAXS's dividend (5.79%) is in 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, NAXS has been paying a dividend for less than 10 years.
Growing Dividend: NAXS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (702.5%), NAXS's dividend payments are not well 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?
kr550k
CEO Compensation
CEO
Lennart Svantesson (67 yo)
9.58yrs
Tenure
kr550,000
Compensation
Mr. Lennart Svantesson serves as Chairman of the Board at Irisity AB (publ) and has been its Director since 2017. Mr. Svantesson has been Chief Executive Officer at NAXS AB since June 20, 2011. Mr. Svantes...
CEO Compensation Analysis
Compensation vs Market: Lennart's total compensation ($USD66.34K) is below average for companies of similar size in the Swedish market ($USD241.80K).
Compensation vs Earnings: Lennart's compensation has been consistent with company performance over the past year.
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: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NAXS AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: NAXS AB (publ)
- Ticker: NAXS
- Exchange: OM
- Founded: 2007
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: kr575.473m
- Shares outstanding: 11.15m
- Website: https://www.naxs.se
Number of Employees
Location
- NAXS AB (publ)
- Grev Turegatan 10, 1tr
- Stockholm
- Stockholm County
- 114 46
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NAXS | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | May 2007 |
| 0OKF | LSE (London Stock Exchange) | Yes | Share Capital | GB | SEK | May 2007 |
| NAXSS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | SEK | May 2007 |
Biography
NAXS AB (publ) is an investment firm specializing in fund of funds and secondary indirect investments. It does not invest in pure debt instruments, convertible debentures, and mezzanine instruments. Within...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 18:49 |
| 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.