OM:ADDERA

Stock Analysis Report

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Executive Summary

AdderaCare AB, through its subsidiaries, operates in the home care sector. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has AdderaCare's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADDERA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.0%

ADDERA

-7.1%

SE Medical Equipment

-4.2%

SE Market


1 Year Return

-36.7%

ADDERA

11.7%

SE Medical Equipment

9.5%

SE Market

Return vs Industry: ADDERA underperformed the Swedish Medical Equipment industry which returned 15.7% over the past year.

Return vs Market: ADDERA underperformed the Swedish Market which returned 13.4% over the past year.


Shareholder returns

ADDERAIndustryMarket
7 Day-4.0%-7.1%-4.2%
30 Day2.5%-4.7%-0.8%
90 Day21.9%-0.3%3.6%
1 Year-29.1%-36.7%13.3%11.7%11.5%9.5%
3 Year-70.1%-73.9%59.0%40.7%27.5%13.8%
5 Yearn/a62.3%34.5%54.0%24.2%

Price Volatility Vs. Market

How volatile is AdderaCare's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AdderaCare undervalued compared to its fair value and its price relative to the market?

12.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADDERA (SEK3.34) is trading above our estimate of fair value (SEK1.73)

Significantly Below Fair Value: ADDERA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ADDERA is good value based on its PE Ratio (12.4x) compared to the SE Medical Equipment industry average (36.7x).

PE vs Market: ADDERA is good value based on its PE Ratio (12.4x) compared to the Swedish market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ADDERA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ADDERA is good value based on its PB Ratio (0.5x) compared to the SE Medical Equipment industry average (4.5x).


Next Steps

Future Growth

How is AdderaCare forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Healthcare 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 AdderaCare 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

Past Performance

How has AdderaCare performed over the past 5 years?

-36.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADDERA has a large one-off gain of SEK9.2M impacting its June 30 2020 financial results.

Growing Profit Margin: ADDERA's current net profit margins (2.5%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: ADDERA's earnings have declined by 36.7% per year over the past 5 years.

Accelerating Growth: ADDERA's earnings growth over the past year (262.2%) exceeds its 5-year average (-36.7% per year).

Earnings vs Industry: ADDERA earnings growth over the past year (262.2%) exceeded the Medical Equipment industry 18.4%.


Return on Equity

High ROE: ADDERA's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is AdderaCare's financial position?


Financial Position Analysis

Short Term Liabilities: ADDERA's short term assets (SEK81.4M) exceed its short term liabilities (SEK71.7M).

Long Term Liabilities: ADDERA's short term assets (SEK81.4M) exceed its long term liabilities (SEK42.8M).


Debt to Equity History and Analysis

Debt Level: ADDERA's debt to equity ratio (31%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ADDERA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ADDERA's debt is well covered by operating cash flow (20.9%).

Interest Coverage: Insufficient data to determine if ADDERA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is AdderaCare current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ADDERA'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 ADDERA'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?

4.8yrs

Average board tenure


CEO

Marianne Sernevi (53 yo)

1.08yrs

Tenure

Ms. Marianne Sernevi has been Chief Executive Officer of AdderaCare AB since September 2019. Ms. Sernevi has been Chief Executive Officer of Skånska Energi AB since 2016. Ms. Sernevi served as the Chief Ex ...


Board Members

NamePositionTenureCompensationOwnership
Hans Andersson
Chairman of the Board0.75yrno datano data
Per Nilsson
Director7.75yrskr100.00k9.06%
SEK 5.6m
Leif Lindau
Director4.75yrskr50.00k0.061%
SEK 37.6k
Rickard Benediktsson
Director4.75yrskr50.00kno data
Bengt Olsson
Director0.75yrno datano data

4.8yrs

Average Tenure

62yo

Average Age

Experienced Board: ADDERA's board of directors are considered experienced (4.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AdderaCare AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AdderaCare AB
  • Ticker: ADDERA
  • Exchange: OM
  • Founded: 2013
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: kr61.800m
  • Shares outstanding: 18.50m
  • Website: https://www.adderacare.com

Location

  • AdderaCare AB
  • Kullagatan 8
  • Helsingborg
  • Skåne County
  • 252 20
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADDERAOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKDec 2016

Biography

AdderaCare AB, through its subsidiaries, operates in the home care sector. The company offers ramps for housing adaptations; stairs and lifts, and bathroom equipment for people with functional limitations; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 22:16
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.