company background image
SNX

Premium Snacks NordicNGM:SNX Stock Report

Market Cap

kr152.4m

7D

0.9%

1Y

67.9%

Updated

02 Dec, 2021

Data

Company Financials +
SNX fundamental analysis
Snowflake Score
Valuation6/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends0/6

SNX Stock Overview

Premium Snacks Nordic AB (publ) develops, manufactures, and sells snacks under the Exotic Snacks and Gårdschips brand names in the Nordic region.

Price History & Performance

Summary of all time highs, changes and price drops for Premium Snacks Nordic
Historical stock prices
Current Share Pricekr11.50
52 Week Highkr14.10
52 Week Lowkr6.40
Beta0.23
1 Month Change-13.53%
3 Month Change-9.45%
1 Year Change67.88%
3 Year Change44.47%
5 Year Change37.72%
Change since IPO134.69%

Recent News & Updates

Nov 08
These 4 Measures Indicate That Premium Snacks Nordic (NGM:SNX) Is Using Debt Reasonably Well

These 4 Measures Indicate That Premium Snacks Nordic (NGM:SNX) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Aug 31
The Return Trends At Premium Snacks Nordic (NGM:SNX) Look Promising

The Return Trends At Premium Snacks Nordic (NGM:SNX) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Jul 18
Here's Why Premium Snacks Nordic (NGM:SNX) Has A Meaningful Debt Burden

Here's Why Premium Snacks Nordic (NGM:SNX) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

SNXSE FoodSE Market
7D0.9%-4.0%-2.7%
1Y67.9%2.3%28.6%

Return vs Industry: SNX exceeded the Swedish Food industry which returned 2.8% over the past year.

Return vs Market: SNX exceeded the Swedish Market which returned 30.3% over the past year.

Price Volatility

Is SNX's price volatile compared to industry and market?
SNX volatility
SNX Average Weekly Movement7.0%
Food Industry Average Movement7.2%
Market Average Movement6.5%
10% most volatile stocks in SE Market11.8%
10% least volatile stocks in SE Market3.8%

Stable Share Price: SNX is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SNX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200769Anna Wallin-Krassehttps://www.premiumsnacksnordic.com

Premium Snacks Nordic AB (publ) develops, manufactures, and sells snacks under the Exotic Snacks and Gårdschips brand names in the Nordic region. It also exports its products. The company was formerly known as Rootfruit Scandinavia AB (publ) and changed its name to Premium Snacks Nordic AB (publ) in October 2020.

Premium Snacks Nordic Fundamentals Summary

How do Premium Snacks Nordic's earnings and revenue compare to its market cap?
SNX fundamental statistics
Market Capkr152.39m
Earnings (TTM)kr6.58m
Revenue (TTM)kr318.34m

23.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNX income statement (TTM)
Revenuekr318.34m
Cost of Revenuekr181.99m
Gross Profitkr136.35m
Expenseskr129.77m
Earningskr6.58m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.50
Gross Margin42.83%
Net Profit Margin2.07%
Debt/Equity Ratio61.3%

How did SNX perform over the long term?

See historical performance and comparison

Valuation

Is Premium Snacks Nordic 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: SNX (SEK11.5) is trading below our estimate of fair value (SEK404.25)

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


Price To Earnings Ratio

PE vs Industry: SNX is good value based on its PE Ratio (23.2x) compared to the Swedish Food industry average (24.6x).

PE vs Market: SNX is good value based on its PE Ratio (23.2x) compared to the Swedish market (24.3x).


Price to Earnings Growth Ratio

PEG Ratio: SNX is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: SNX is good value based on its PB Ratio (2.2x) compared to the SE Food industry average (2.7x).


Future Growth

How is Premium Snacks Nordic forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

55.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNX's forecast earnings growth (55.5% per year) is above the savings rate (0.3%).

Earnings vs Market: SNX's earnings (55.5% per year) are forecast to grow faster than the Swedish market (4.3% per year).

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

Revenue vs Market: SNX's revenue (9.6% per year) is forecast to grow faster than the Swedish market (5.4% per year).

High Growth Revenue: SNX's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNX's Return on Equity is forecast to be high in 3 years time (21%)


Past Performance

How has Premium Snacks Nordic performed over the past 5 years?

65.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNX has high quality earnings.

Growing Profit Margin: SNX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SNX has become profitable over the past 5 years, growing earnings by 65.9% per year.

Accelerating Growth: SNX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SNX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (15.9%).


Return on Equity

High ROE: SNX's Return on Equity (9.7%) is considered low.


Financial Health

How is Premium Snacks Nordic's financial position?


Financial Position Analysis

Short Term Liabilities: SNX's short term assets (SEK73.8M) exceed its short term liabilities (SEK65.2M).

Long Term Liabilities: SNX's short term assets (SEK73.8M) exceed its long term liabilities (SEK26.1M).


Debt to Equity History and Analysis

Debt Level: SNX's net debt to equity ratio (37.4%) is considered satisfactory.

Reducing Debt: SNX's debt to equity ratio has reduced from 64.6% to 61.3% over the past 5 years.

Debt Coverage: SNX's debt is well covered by operating cash flow (36.7%).

Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Dividend

What is Premium Snacks Nordic current dividend yield, its reliability and sustainability?

1.45%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SNX'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 SNX'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

Anna Wallin-Krasse (45 yo)

no data

Tenure

Ms. Anna Wallin-Krasse serves as Chief Executive Officer and a Director at Rootfruit Scandinavia AB.


Ownership

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


Insider Trading Volume

Insider Buying: SNX 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

Premium Snacks Nordic AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Premium Snacks Nordic AB (publ)
  • Ticker: SNX
  • Exchange: NGM
  • Founded: 2007
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: kr152.394m
  • Shares outstanding: 13.25m
  • Website: https://www.premiumsnacksnordic.com

Number of Employees


Location

  • Premium Snacks Nordic AB (publ)
  • Kullsgårdsvägen 18
  • Laholm
  • Halland County
  • 312 34
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 21:50
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.