Stock Analysis Report

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Executive Summary

Dedicare AB (publ) operates as a staffing company in the healthcare industry primarily in Sweden, Norway, Finland, and Denmark. More Details

Snowflake Analysis

Flawless balance sheet with proven track record.

Similar Companies

Share Price & News

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

Latest Share Price and Events

Stable Share Price: DEDI is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DEDI's weekly volatility (5%) has been stable over the past year.

Market Performance

7 Day Return




SE Healthcare


SE Market

1 Year Return




SE Healthcare


SE Market

Return vs Industry: DEDI underperformed the Swedish Healthcare industry which returned 41.6% over the past year.

Return vs Market: DEDI underperformed the Swedish Market which returned 28.2% over the past year.

Shareholder returns

7 Day2.4%0.8%2.2%
30 Day5.0%10.9%4.3%
90 Day36.7%27.3%10.7%
1 Year24.1%24.1%40.5%40.5%31.0%27.9%
3 Year-24.1%-33.8%55.3%52.0%60.5%40.6%
5 Year45.3%10.5%-8.9%-13.6%92.9%51.5%

Long-Term Price Volatility Vs. Market

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

Simply Wall St News


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


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: DEDI (SEK50.5) is trading below our estimate of fair value (SEK63.02)

Significantly Below Fair Value: DEDI is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: DEDI is good value based on its PE Ratio (13.1x) compared to the SE Healthcare industry average (19.5x).

PE vs Market: DEDI is good value based on its PE Ratio (13.1x) compared to the Swedish market (23.9x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: DEDI is overvalued based on its PB Ratio (3.5x) compared to the SE Healthcare industry average (1.6x).

Next Steps

Future Growth

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


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 Dedicare 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 Dedicare performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DEDI has high quality earnings.

Growing Profit Margin: DEDI's current net profit margins (4.1%) are higher than last year (3.4%).

Past Earnings Growth Analysis

Earnings Trend: DEDI's earnings have declined by 10.3% per year over the past 5 years.

Accelerating Growth: DEDI's earnings growth over the past year (36.6%) exceeds its 5-year average (-10.3% per year).

Earnings vs Industry: DEDI earnings growth over the past year (36.6%) underperformed the Healthcare industry 39.3%.

Return on Equity

High ROE: DEDI's Return on Equity (26.7%) is considered high.

Next Steps

Financial Health

How is Dedicare's financial position?

Financial Position Analysis

Short Term Liabilities: DEDI's short term assets (SEK283.6M) exceed its short term liabilities (SEK167.9M).

Long Term Liabilities: DEDI's short term assets (SEK283.6M) exceed its long term liabilities (SEK81.3M).

Debt to Equity History and Analysis

Debt Level: DEDI is debt free.

Reducing Debt: DEDI had no debt 5 years ago.

Debt Coverage: DEDI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DEDI has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Next Steps


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


Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: DEDI's dividend (4.95%) is higher than the bottom 25% of dividend payers in the Swedish market (1.23%).

High Dividend: DEDI's dividend (4.95%) is in the top 25% of dividend payers in the Swedish market (3.66%)

Stability and Growth of Payments

Stable Dividend: DEDI has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: DEDI's dividend payments have increased, but the company has only paid a dividend for 9 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.1%), DEDI's dividend payments are 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


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


Average board tenure


Krister Widstrom (58 yo)

no data


Mr. Krister Widstrom serves as a President and Chief Executive Officer at Dedicare AB (publ), which he joined in 2017.

Board Members

Eva-Britt Gustafsson
Independent Director1.92yrsno datano data
Bjorn Oras
SEK 177.6m
Dag Sundstrom
SEK 50.0k
Anna Lefevre Skjoldebrand
Independent Director10.08yrskr165.00k0.019%
SEK 90.0k
Madeleine Raukas
Independent Director1.17yrsno datano data


Average Tenure


Average Age

Experienced Board: DEDI's board of directors are considered experienced (7.9 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.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.

Top Shareholders

Company Information

Dedicare AB (publ)'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Dedicare AB (publ)
  • Ticker: DEDI
  • Exchange: OM
  • Founded: 1996
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: kr469.770m
  • Shares outstanding: 9.40m
  • Website:

Number of Employees


  • Dedicare AB (publ)
  • Ringvägen 100
  • uppgång E, 10 tr
  • Stockholm
  • Stockholm County
  • 118 60
  • Sweden


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DEDIOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKMay 2011
0P3KLSE (London Stock Exchange)YesClass B SharesGBSEKMay 2011
DEDISBATS-CHIXE (BATS 'Chi-X Europe')YesClass B SharesGBSEKMay 2011


Dedicare AB (publ) operates as a staffing company in the healthcare industry primarily in Sweden, Norway, Finland, and Denmark. The company hires and recruits doctors, nurses, social workers, and managers,...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 20:02
End of Day Share Price2021/03/03 00:00
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.