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VOLA

Veg of Lund OM:VOLAB Stock Report

Last Price

kr8.06

Market Cap

kr103.3m

7D

-16.5%

1Y

-81.3%

Updated

17 Aug, 2022

Data

Company Financials
VOLAB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

VOLAB Stock Overview

Veg of Lund AB (publ) operates as a food development company.

Veg of Lund Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veg of Lund
Historical stock prices
Current Share Pricekr8.06
52 Week Highkr53.20
52 Week Lowkr7.15
Beta2.34
1 Month Change4.68%
3 Month Change-28.16%
1 Year Change-81.30%
3 Year Changen/a
5 Year Changen/a
Change since IPO-18.69%

Recent News & Updates

Shareholder Returns

VOLABSE FoodSE Market
7D-16.5%-1.6%-0.7%
1Y-81.3%-23.7%-21.8%

Return vs Industry: VOLAB underperformed the Swedish Food industry which returned -23% over the past year.

Return vs Market: VOLAB underperformed the Swedish Market which returned -20.7% over the past year.

Price Volatility

Is VOLAB's price volatile compared to industry and market?
VOLAB volatility
VOLAB Average Weekly Movement9.4%
Food Industry Average Movement9.3%
Market Average Movement7.1%
10% most volatile stocks in SE Market12.4%
10% least volatile stocks in SE Market4.5%

Stable Share Price: VOLAB is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: VOLAB's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20169Emma Kallqvisthttps://www.vegoflund.se

Veg of Lund AB (publ) operates as a food development company. The company produces a vegetarian emulsion consisting of potatoes and rapeseed oil. It develops My Foodie, a vegetable milk alternative and a foody smoothie that is intended as a snack; vegetable soups; sauces; and a probiotic variant of My Foodie.

Veg of Lund Fundamentals Summary

How do Veg of Lund's earnings and revenue compare to its market cap?
VOLAB fundamental statistics
Market Capkr103.29m
Earnings (TTM)-kr39.48m
Revenue (TTM)kr2.94m

35.1x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOLAB income statement (TTM)
Revenuekr2.94m
Cost of Revenuekr2.22m
Gross Profitkr725.00k
Other Expenseskr40.21m
Earnings-kr39.48m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Nov 09, 2022

Earnings per share (EPS)-3.08
Gross Margin24.63%
Net Profit Margin-1,341.13%
Debt/Equity Ratio0.0%

How did VOLAB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is VOLAB 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

VOLAB 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/Revenue32.8x
Enterprise Value/EBITDA-2.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does VOLAB's PS Ratio compare to its peers?

VOLAB PS Ratio vs Peers
The above table shows the PS ratio for VOLAB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.6x
FUUD Fuud
1.8x33.7%kr117.1m
SNX Premium Snacks Nordic
0.4x8.6%kr112.6m
LMKG LMK Group
0.09x5.1%kr116.4m
LOHILO Lohilo Foods
0.3xn/akr82.1m
VOLAB Veg of Lund
35.1xn/akr103.3m

Price-To-Sales vs Peers: VOLAB is expensive based on its Price-To-Sales Ratio (35.1x) compared to the peer average (0.6x).


Price to Earnings Ratio vs Industry

How does VOLAB's PE Ratio compare vs other companies in the European Food Industry?

Price-To-Sales vs Industry: VOLAB is expensive based on its Price-To-Sales Ratio (35.1x) compared to the Swedish Food industry average (0.7x)


Price to Sales Ratio vs Fair Ratio

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

VOLAB PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio35.1x
Fair PS Ration/a

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


Share Price vs Fair Value

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

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

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Veg of Lund 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


20.1%

Forecasted Food, Beverage & Tobacco 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 Veg of Lund 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 Veg of Lund'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.
  • Veg of Lund competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Veg of Lund 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


-36.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VOLAB is currently unprofitable.

Growing Profit Margin: VOLAB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VOLAB is unprofitable, and losses have increased over the past 5 years at a rate of 36.6% per year.

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

Earnings vs Industry: VOLAB is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (3.1%).


Return on Equity

High ROE: VOLAB has a negative Return on Equity (-505.8%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Veg of Lund's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VOLAB's short term assets (SEK13.2M) exceed its short term liabilities (SEK7.1M).

Long Term Liabilities: VOLAB has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VOLAB is debt free.

Reducing Debt: VOLAB 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: VOLAB has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VOLAB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39% each year


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Dividend

What is Veg of Lund current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VOLAB has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.6yrs

Average management tenure


CEO

Emma Kallqvist (35 yo)

1.08yrs

Tenure

Ms. Emma Kallqvist has been the Chief Financial Officer at Veg of Lund AB (publ) since July 1, 2021 and serves as its Acting Chief Executive Officer since December 14, 2021. She served at the auditing comp...


Leadership Team

Experienced Management: VOLAB's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: VOLAB's board of directors are considered experienced (3.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.8%.


Top Shareholders

Company Information

Veg of Lund AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Veg of Lund AB (publ)
  • Ticker: VOLAB
  • Exchange: OM
  • Founded: 2016
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: kr103.291m
  • Shares outstanding: 12.82m
  • Website: https://www.vegoflund.se

Number of Employees


Location

  • Veg of Lund AB (publ)
  • Södra Vallgatan 5
  • Malmö
  • Skåne County
  • 211 40
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 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.