NGM:LOVI

Stock Analysis Report

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Market Cap

kr140.8m

Last Updated

2021/06/17 18:02 UTC

Data Sources

Company Financials

Executive Summary

Lovisagruvan AB (publ) engages in the mining activities in Sweden. More Details


Snowflake Analysis

Mediocre balance sheet not a dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LOVI is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: LOVI's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.


Market Performance


7 Day Return

-1.0%

LOVI

-7.1%

SE Metals and Mining

-0.5%

SE Market


1 Year Return

5.6%

LOVI

52.7%

SE Metals and Mining

41.8%

SE Market

Return vs Industry: LOVI underperformed the Swedish Metals and Mining industry which returned 56.4% over the past year.

Return vs Market: LOVI underperformed the Swedish Market which returned 42.7% over the past year.


Shareholder returns

LOVIIndustryMarket
7 Day-1.0%-7.1%-0.5%
30 Day14.4%-6.6%2.8%
90 Day-1.4%-3.2%6.5%
1 Year8.4%5.6%57.0%52.7%46.7%41.8%
3 Year-46.6%-51.5%9.1%0.3%74.2%57.1%
5 Year63.5%36.9%112.8%83.4%110.8%69.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: LOVI (SEK41.2) is trading above our estimate of fair value (SEK14.57)

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


Price To Earnings Ratio

PE vs Industry: LOVI is unprofitable, so we can't compare its PE Ratio to the Swedish Metals and Mining industry average.

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


Price to Book Ratio

PB vs Industry: LOVI is overvalued based on its PB Ratio (6.2x) compared to the SE Metals and Mining industry average (2.1x).


Future Growth

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

-8.7%

Forecasted Materials 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 Lovisagruvan 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.


Past Performance

How has Lovisagruvan performed over the past 5 years?

-11.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LOVI is currently unprofitable.

Growing Profit Margin: LOVI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LOVI is unprofitable, and losses have increased over the past 5 years at a rate of 11.2% per year.

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

Earnings vs Industry: LOVI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.6%).


Return on Equity

High ROE: LOVI has a negative Return on Equity (-4.49%), as it is currently unprofitable.


Financial Health

How is Lovisagruvan's financial position?


Financial Position Analysis

Short Term Liabilities: LOVI's short term assets (SEK7.1M) do not cover its short term liabilities (SEK8.6M).

Long Term Liabilities: LOVI's short term assets (SEK7.1M) do not cover its long term liabilities (SEK34.8M).


Debt to Equity History and Analysis

Debt Level: LOVI's debt to equity ratio (4.4%) is considered satisfactory.

Reducing Debt: LOVI's debt to equity ratio has reduced from 33.9% to 4.4% over the past 5 years.

Debt Coverage: LOVI's debt is well covered by operating cash flow (751.8%).

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


Balance Sheet


Dividend

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

2.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LOVI's dividend (2.43%) is higher than the bottom 25% of dividend payers in the Swedish market (1.09%).

High Dividend: LOVI's dividend (2.43%) is low compared to the top 25% of dividend payers in the Swedish market (3.47%).


Stability and Growth of Payments

Stable Dividend: LOVI's dividend payments have been volatile in the past 10 years.

Growing Dividend: LOVI's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: LOVI is paying a dividend but the company is unprofitable.


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

Management

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


CEO

Jan-Erik Bjorklund (60 yo)

14.42yrs

Tenure

Mr. Jan-Erik Bjorklund serves as the Chief Executive Officer at Lovisagruvan AB (publ) since 2007.


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

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


Key Information

  • Name: Lovisagruvan AB (publ)
  • Ticker: LOVI
  • Exchange: NGM
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: kr140.760m
  • Shares outstanding: 3.42m
  • Website: https://www.lovisagruvan.se

Number of Employees


Location

  • Lovisagruvan AB (publ)
  • Håkansboda 1
  • Stråssa
  • Örebro County
  • 711 77
  • Sweden

Listings


Biography

Lovisagruvan AB (publ) engages in the mining activities in Sweden. The company explores for zinc, lead, silver, copper, gold, and cobalt. Lovisagruvan AB (publ) is based in Stråssa, Sweden.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 18:02
End of Day Share Price2021/06/11 00:00
Earnings2021/03/31
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.