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Dedicare OM:DEDI Stock Report

Last Price

SEK 55.70

Market Cap

SEK 532.6m

7D

-3.6%

1Y

-50.7%

Updated

19 Dec, 2024

Data

Company Financials

Dedicare AB (publ)

OM:DEDI Stock Report

Market Cap: SEK 532.6m

DEDI Stock Overview

Operates as a recruitment and staffing company in the healthcare, life science, and social work industry in Sweden, Norway, Finland, the United Kingdom, and Denmark. More details

DEDI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

Rewards

Trading at 46% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (SEK533M)

Dividend of 11.67% is not well covered by earnings


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

BO
Bonywall
Community Contributor

Staff Shortages and Demographic Shifts Could Drive Revenue Higher Despite Competition and Regulatory Challenges

Key Takeaways Dedicare holds a robust market position within a steadily expanding market. Continued revenue growth is supported by the persistent need for skilled health professionals.
View narrative
SEK 82.20
FV
32.2% undervalued intrinsic discount
9.72%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
5 months ago author updated this narrative

Dedicare AB (publ) Competitors

Medicover

OM:MCOV B

SEK 28.7b

Careium

OM:CARE

SEK 722.5m

Humana

OM:HUM

SEK 1.8b

SyntheticMR

NGM:SYNT

SEK 1.2b

Price History & Performance

Summary of share price highs, lows and changes for Dedicare
Historical stock prices
Current Share PriceSEK 55.70
52 Week HighSEK 115.60
52 Week LowSEK 53.40
Beta0.80
1 Month Change-5.91%
3 Month Change-21.22%
1 Year Change-50.71%
3 Year Change-16.87%
5 Year Change36.52%
Change since IPO216.48%

Recent News & Updates

There May Be Reason For Hope In Dedicare's (STO:DEDI) Disappointing Earnings

Nov 03
There May Be Reason For Hope In Dedicare's (STO:DEDI) Disappointing Earnings

Why Investors Shouldn't Be Surprised By Dedicare AB (publ)'s (STO:DEDI) 43% Share Price Plunge

May 21
Why Investors Shouldn't Be Surprised By Dedicare AB (publ)'s (STO:DEDI) 43% Share Price Plunge

Recent updates

There May Be Reason For Hope In Dedicare's (STO:DEDI) Disappointing Earnings

Nov 03
There May Be Reason For Hope In Dedicare's (STO:DEDI) Disappointing Earnings

Why Investors Shouldn't Be Surprised By Dedicare AB (publ)'s (STO:DEDI) 43% Share Price Plunge

May 21
Why Investors Shouldn't Be Surprised By Dedicare AB (publ)'s (STO:DEDI) 43% Share Price Plunge

Dedicare (STO:DEDI) Is Paying Out A Larger Dividend Than Last Year

Apr 25
Dedicare (STO:DEDI) Is Paying Out A Larger Dividend Than Last Year

Dedicare (STO:DEDI) Has Announced That It Will Be Increasing Its Dividend To SEK6.50

Feb 22
Dedicare (STO:DEDI) Has Announced That It Will Be Increasing Its Dividend To SEK6.50

We Think Dedicare's (STO:DEDI) Solid Earnings Are Understated

Feb 16
We Think Dedicare's (STO:DEDI) Solid Earnings Are Understated

Here's Why We Think Dedicare (STO:DEDI) Might Deserve Your Attention Today

Feb 10
Here's Why We Think Dedicare (STO:DEDI) Might Deserve Your Attention Today

What Does Dedicare AB (publ)'s (STO:DEDI) Share Price Indicate?

Oct 26
What Does Dedicare AB (publ)'s (STO:DEDI) Share Price Indicate?

Is Dedicare (STO:DEDI) A Risky Investment?

Apr 10
Is Dedicare (STO:DEDI) A Risky Investment?

Does Dedicare (STO:DEDI) Deserve A Spot On Your Watchlist?

Oct 22
Does Dedicare (STO:DEDI) Deserve A Spot On Your Watchlist?

Dedicare (STO:DEDI) Seems To Use Debt Rather Sparingly

Jul 20
Dedicare (STO:DEDI) Seems To Use Debt Rather Sparingly

If You Like EPS Growth Then Check Out Dedicare (STO:DEDI) Before It's Too Late

Jun 04
If You Like EPS Growth Then Check Out Dedicare (STO:DEDI) Before It's Too Late

Dedicare (STO:DEDI) Could Be Struggling To Allocate Capital

Mar 17
Dedicare (STO:DEDI) Could Be Struggling To Allocate Capital

Here's Why We Think Dedicare (STO:DEDI) Is Well Worth Watching

Feb 23
Here's Why We Think Dedicare (STO:DEDI) Is Well Worth Watching

I Ran A Stock Scan For Earnings Growth And Dedicare (STO:DEDI) Passed With Ease

Nov 16
I Ran A Stock Scan For Earnings Growth And Dedicare (STO:DEDI) Passed With Ease

A Look At The Fair Value Of Dedicare AB (publ) (STO:DEDI)

Oct 27
A Look At The Fair Value Of Dedicare AB (publ) (STO:DEDI)

I Ran A Stock Scan For Earnings Growth And Dedicare (STO:DEDI) Passed With Ease

Aug 11
I Ran A Stock Scan For Earnings Growth And Dedicare (STO:DEDI) Passed With Ease

Be Wary Of Dedicare (STO:DEDI) And Its Returns On Capital

Jul 17
Be Wary Of Dedicare (STO:DEDI) And Its Returns On Capital

A Look At The Intrinsic Value Of Dedicare AB (publ) (STO:DEDI)

May 04
A Look At The Intrinsic Value Of Dedicare AB (publ) (STO:DEDI)

Should Dedicare AB (publ) (STO:DEDI) Be Part Of Your Dividend Portfolio?

Apr 13
Should Dedicare AB (publ) (STO:DEDI) Be Part Of Your Dividend Portfolio?

Dedicare (STO:DEDI) Could Easily Take On More Debt

Mar 29
Dedicare (STO:DEDI) Could Easily Take On More Debt

What Do The Returns On Capital At Dedicare (STO:DEDI) Tell Us?

Mar 12
What Do The Returns On Capital At Dedicare (STO:DEDI) Tell Us?

Dedicare AB (publ)'s (STO:DEDI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 22
Dedicare AB (publ)'s (STO:DEDI) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

We Think Dedicare's (STO:DEDI) Statutory Profit Might Understate Its Earnings Potential

Feb 02
We Think Dedicare's (STO:DEDI) Statutory Profit Might Understate Its Earnings Potential

Would Shareholders Who Purchased Dedicare's (STO:DEDI) Stock Three Years Be Happy With The Share price Today?

Jan 14
Would Shareholders Who Purchased Dedicare's (STO:DEDI) Stock Three Years Be Happy With The Share price Today?

Would Dedicare AB (publ) (STO:DEDI) Be Valuable To Income Investors?

Dec 27
Would Dedicare AB (publ) (STO:DEDI) Be Valuable To Income Investors?

Our Take On The Returns On Capital At Dedicare (STO:DEDI)

Dec 06
Our Take On The Returns On Capital At Dedicare (STO:DEDI)

Shareholder Returns

DEDISE HealthcareSE Market
7D-3.6%0.5%-3.3%
1Y-50.7%38.3%4.8%

Return vs Industry: DEDI underperformed the Swedish Healthcare industry which returned 40.4% over the past year.

Return vs Market: DEDI underperformed the Swedish Market which returned 6.5% over the past year.

Price Volatility

Is DEDI's price volatile compared to industry and market?
DEDI volatility
DEDI Average Weekly Movement4.4%
Healthcare Industry Average Movement4.3%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.3%
10% least volatile stocks in SE Market3.2%

Stable Share Price: DEDI has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: DEDI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19951,102Bard Kristiansenwww.dedicare.se

Dedicare AB (publ) operates as a recruitment and staffing company in the healthcare, life science, and social work industry in Sweden, Norway, Finland, the United Kingdom, and Denmark. It recruits and contracts doctors, nurses, social workers, sociologists, psychologists, preschool staff, and life science specialists. The company was incorporated in 1995 and is headquartered in Stockholm, Sweden.

Dedicare AB (publ) Fundamentals Summary

How do Dedicare's earnings and revenue compare to its market cap?
DEDI fundamental statistics
Market capSEK 532.64m
Earnings (TTM)SEK 66.40m
Revenue (TTM)SEK 1.80b

8.0x

P/E Ratio

0.3x

P/S Ratio

Is DEDI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEDI income statement (TTM)
RevenueSEK 1.80b
Cost of RevenueSEK 1.52b
Gross ProfitSEK 282.97m
Other ExpensesSEK 216.57m
EarningsSEK 66.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 07, 2025

Earnings per share (EPS)6.94
Gross Margin15.74%
Net Profit Margin3.69%
Debt/Equity Ratio1.7%

How did DEDI perform over the long term?

See historical performance and comparison

Dividends

11.7%

Current Dividend Yield

94%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:05
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dedicare AB (publ) is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stefan KnutssonABG Sundal Collier Sponsored
Rebecka GärderupABG Sundal Collier Sponsored
Stefan Erik AnderssonSEB