VOLAB Stock Overview
Veg of Lund AB (publ) operates as a food development company.
Veg of Lund Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr8.06|
|52 Week High||kr53.20|
|52 Week Low||kr7.15|
|1 Month Change||4.68%|
|3 Month Change||-28.16%|
|1 Year Change||-81.30%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-18.69%|
Recent News & Updates
|VOLAB||SE Food||SE Market|
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.
|VOLAB Average Weekly Movement||9.4%|
|Food Industry Average Movement||9.3%|
|Market Average Movement||7.1%|
|10% most volatile stocks in SE Market||12.4%|
|10% least volatile stocks in SE Market||4.5%|
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
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
|VOLAB fundamental statistics|
Is VOLAB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VOLAB income statement (TTM)|
|Cost of Revenue||kr2.22m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Nov 09, 2022
|Earnings per share (EPS)||-3.08|
|Net Profit Margin||-1,341.13%|
How did VOLAB perform over the long term?See historical performance and comparison
Is VOLAB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is VOLAB's n/a Ratio?|
Price to Sales Ratio vs Peers
How does VOLAB's PS Ratio compare to its peers?
|VOLAB PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
SNX Premium Snacks Nordic
LMKG LMK Group
LOHILO Lohilo Foods
VOLAB Veg of Lund
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.
|Current PS Ratio||35.1x|
|Fair PS Ratio||n/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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How is Veg of Lund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- 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.
How has Veg of Lund performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
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How is Veg of Lund's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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.
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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What is Veg of Lund current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Emma Kallqvist (35 yo)
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...
Experienced Management: VOLAB's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: VOLAB's board of directors are considered experienced (3.1 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.8%.
Veg of Lund AB (publ)'s employee growth, exchange listings and data sources
- 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
- Veg of Lund AB (publ)
- Södra Vallgatan 5
- Skåne County
- 211 40
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 00:00|
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.