OM:SDOS

Stock Analysis Report

Executive Summary

ScandiDos AB (publ) provides measurement systems and software designed for the QA and validation requirements of the new treatments implemented in clinics worldwide.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

1.5%

SDOS

5.5%

SE Medical Equipment

2.1%

SE Market


1 Year Return

-4.9%

SDOS

34.0%

SE Medical Equipment

12.1%

SE Market

Return vs Industry: SDOS underperformed the Swedish Medical Equipment industry which returned 34% over the past year.

Return vs Market: SDOS underperformed the Swedish Market which returned 12.1% over the past year.


Shareholder returns

SDOSIndustryMarket
7 Day1.5%5.5%2.1%
30 Day-1.5%1.3%1.6%
90 Day-6.1%1.6%3.7%
1 Year-0.6%-4.9%35.4%34.0%16.8%12.1%
3 Year-14.6%-18.3%54.9%36.6%32.2%12.4%
5 Year-47.3%-55.3%72.9%44.6%62.8%28.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SDOS (SEK3.71) is trading below our estimate of fair value (SEK24.46)

Significantly Below Fair Value: SDOS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SDOS is unprofitable, so we can't compare its PE Ratio to the Medical Equipment industry average.

PE vs Market: SDOS 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 SDOS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SDOS is good value based on its PB Ratio (2.8x) compared to the SE Medical Equipment industry average (4.4x).


Next Steps

Future Growth

How is ScandiDos forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

92.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDOS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SDOS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SDOS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SDOS's revenue (18.2% per year) is forecast to grow faster than the Swedish market (4.5% per year).

High Growth Revenue: SDOS's revenue (18.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDOS's Return on Equity is forecast to be low in 3 years time (17.8%).


Next Steps

Past Performance

How has ScandiDos performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SDOS is unprofitable, and losses have increased over the past 5 years at a rate of -5.5% per year.

Accelerating Growth: Unable to compare SDOS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SDOS is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (17.3%).


Return on Equity

High ROE: SDOS has a negative Return on Equity (-23.18%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: SDOS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SDOS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is ScandiDos's financial position?


Financial Position Analysis

Short Term Liabilities: SDOS's short term assets (SEK49.3M) exceeds its short term liabilities (SEK25.7M)

Long Term Liabilities: SDOS's short term assets (49.3M) exceeds its long term liabilities (825.0K)


Debt to Equity History and Analysis

Debt Level: SDOS's debt to equity ratio (5.4%) is considered satisfactory

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


Balance Sheet

Inventory Level: SDOS has a high level of physical assets or inventory.

Debt Coverage by Assets: SDOS's debt is covered by short term assets (assets are 16.429280x 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: SDOS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SDOS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is ScandiDos's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.8%markettop25%4.6%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate SDOS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SDOS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SDOS'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 SDOS's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

What is the CEO of ScandiDos's salary, the management and board of directors tenure and is there insider trading?

5.4yrs

Average management tenure


CEO

Görgen Nilsson (59yo)

0yrs

Tenure

kr1,535,000

Compensation

Mr. Görgen Nilsson serves as the Chief Executive Officer of ScandiDos AB (publ) and served as its Member of the Board since 2002 until 2015. 


CEO Compensation Analysis

Compensation vs. Market: Görgen's total compensation ($USD0.00) is too low to compare against companies of similar size in the Swedish market ($USD123.35K).

Compensation vs Earnings: Görgen's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

5.4yrs

Average Tenure

58yo

Average Age

Experienced Management: SDOS's management team is seasoned and experienced (5.4 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: SDOS's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Peter Reinli (58yo)

    Vice President of Sales

    • Tenure: 0.2yrs
  • Görgen Nilsson (59yo)

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: kr1.54m
  • Catarina Arkebäck (57yo)

    Chief Financial Officer

    • Tenure: 7.8yrs
  • Ingemar Wiberg (64yo)

    Deputy CEO & Director

    • Tenure: 4.8yrs
    • Compensation: kr1.13m
  • Anders Adolfson (45yo)

    Marketing Manager

    • Tenure: 3yrs

Board Members

  • Yvonne Petersson (65yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: kr100.00k
  • Tom Sundelin

    Director

    • Tenure: 0yrs
  • Olof Sandén (57yo)

    Chairman of the Board

    • Tenure: 4.8yrs
    • Compensation: kr250.00k
  • Ingemar Wiberg (64yo)

    Deputy CEO & Director

    • Tenure: 4.8yrs
    • Compensation: kr1.13m
  • Björn Zackrisson (65yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: kr100.00k

Company Information

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


Key Information

  • Name: ScandiDos AB (publ)
  • Ticker: SDOS
  • Exchange: OM
  • Founded:
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: kr149.667m
  • Shares outstanding: 41.46m
  • Website: https://scandidos.com

Location

  • ScandiDos AB (publ)
  • Uppsala Science Park
  • Uppsala
  • 751 83
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SDOSOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKApr 2014
2FVDB (Deutsche Boerse AG)YesShare CapitalDEEURApr 2014

Biography

ScandiDos AB (publ) provides measurement systems and software designed for the QA and validation requirements of the new treatments implemented in clinics worldwide. The company offers Delta4 Family soluti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 21:43
End of Day Share Price2019/10/21 00:00
Earnings2019/07/31
Annual Earnings2019/04/30


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.