Handicare Group AB (publ) provides mobility solutions for physically challenged or elderly people in North America, Asia, and Europe.
Adequate balance sheet and fair value.
Share Price & News
How has Handicare Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HANDI's share price has been volatile over the past 3 months.
7 Day Return
SE Medical Equipment
1 Year Return
SE Medical Equipment
Return vs Industry: HANDI underperformed the Swedish Medical Equipment industry which returned 13% over the past year.
Return vs Market: HANDI underperformed the Swedish Market which returned -12.2% over the past year.
Price Volatility Vs. Market
How volatile is Handicare Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Handicare Group AB (publ) (STO:HANDI) A Smart Choice For Dividend Investors?
1 month ago | Simply Wall StWhy Handicare Group AB (publ)’s (STO:HANDI) Use Of Investor Capital Doesn’t Look Great
2 months ago | Simply Wall StIs Handicare Group (STO:HANDI) A Risky Investment?
Is Handicare Group 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: HANDI (SEK20) is trading below our estimate of fair value (SEK68.81)
Significantly Below Fair Value: HANDI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HANDI is unprofitable, so we can't compare its PE Ratio to the Medical Equipment industry average.
PE vs Market: HANDI is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HANDI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HANDI is good value based on its PB Ratio (0.6x) compared to the SE Medical Equipment industry average (3.8x).
How is Handicare Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HANDI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: HANDI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HANDI's is expected to become profitable in the next 3 years.
Revenue vs Market: HANDI's revenue (2.3% per year) is forecast to grow slower than the Swedish market (4.1% per year).
High Growth Revenue: HANDI's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HANDI's Return on Equity is forecast to be low in 3 years time (9.2%).
How has Handicare Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HANDI is currently unprofitable.
Growing Profit Margin: HANDI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HANDI is unprofitable, but has reduced losses over the past 5 years at a rate of 79.2% per year.
Accelerating Growth: Unable to compare HANDI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HANDI is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (12.6%).
Return on Equity
High ROE: HANDI has a negative Return on Equity (-1.33%), as it is currently unprofitable.
How is Handicare Group's financial position?
Financial Position Analysis
Short Term Liabilities: HANDI's short term assets (€105.0M) exceed its short term liabilities (€47.7M).
Long Term Liabilities: HANDI's short term assets (€105.0M) do not cover its long term liabilities (€123.1M).
Debt to Equity History and Analysis
Debt Level: HANDI's debt to equity ratio (54.8%) is considered high.
Reducing Debt: HANDI's debt to equity ratio has reduced from 245.2% to 54.8% over the past 5 years.
Inventory Level: HANDI has a low level of unsold assets or inventory.
Debt Coverage by Assets: HANDI's debt is covered by short term assets (assets are 1.1x debt).
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: Whilst unprofitable HANDI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HANDI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.1% per year.
What is Handicare Group's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HANDI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HANDI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HANDI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HANDI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HANDI is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HANDI's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Staffan Ternström (54yo)
Mr. Staffan Ternström has been Chief Executive Officer and President of Handicare Group AB (publ) since August 14, 2018 and has been its Acting President of America since November 22, 2019. Mr. Ternström s ...
CEO Compensation Analysis
Compensation vs Market: Staffan's total compensation ($USD463.86K) is above average for companies of similar size in the Swedish market ($USD210.15K).
Compensation vs Earnings: Insufficient data to compare Staffan's compensation with company performance.
|CFO & IR||0.67yr||no data||no data|
|Executive Vice President of Operations||3.25yrs||no data||no data|
|Communication & Sustainability Director||no data||no data||no data|
|Executive Vice President of Human Resources & Enabling Functions||no data||no data||no data|
|Executive Vice President of Patient Handling Europe & Asia Pacific.||4.25yrs||no data||0.017% €200.0k|
|Executive Vice President of Commercial Europe||6.25yrs||no data||no data|
|Executive Vice President of Group Purchasing & Product Development||6.25yrs||no data||no data|
|Executive Vice President of Patient Handling Europe & ROW and Global Commercial Excellence||no data||no data||no data|
Experienced Management: HANDI's management team is considered experienced (3.8 years average tenure).
|Independent Chairman of the Board||3.25yrs||€49.00k||0.84% €9.9m|
|Independent Director||3yrs||€27.00k||0.042% €500.0k|
|Director||0.92yr||no data||no data|
|Independent Director||4.25yrs||€25.00k||no data|
|Independent Director||4.25yrs||€22.00k||0.046% €543.7k|
|Vice Chairman||3.25yrs||€18.00k||0.50% €5.9m|
Experienced Board: HANDI's board of directors are considered experienced (3.3 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 not been meaningfully diluted in the past year.
Handicare Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Handicare Group AB (publ)
- Ticker: HANDI
- Exchange: OM
- Founded: 1986
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: kr1.179b
- Shares outstanding: 58.94m
- Website: https://www.handicaregroup.com
Number of Employees
- Handicare Group AB (publ)
- Ingmar Bergmans gata 4
- 114 34
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HANDI||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Oct 2017|
|0TCX||LSE (London Stock Exchange)||Yes||Share Capital||GB||SEK||Oct 2017|
|HANDIS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||SEK||Oct 2017|
Handicare Group AB (publ) provides mobility solutions for physically challenged or elderly people in North America, Asia, and Europe. The company manufactures and sells curved and straight stair lifts, transfer products, lifting and repositioning aids, vehicle conversion adaptations, and medical equipment and consumables, as well as offers maintenance and installation services. It serves hospitals, long-term care facilities, home care, and private individuals through dealers, and government and local authorities. The company was founded in 1986 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 03:03|
|End of Day Share Price||2020/04/03 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.