NGM:RECY B

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Market Cap

kr35.6m

Last Updated

2021/06/17 21:48 UTC

Data Sources

Company Financials

Executive Summary

Recyctec Holding AB (publ), a recycling company, engages in the recycling of used glycol primarily in Sweden. More Details


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RECY B is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: RECY B's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Swedish stocks.


Market Performance


7 Day Return

4.5%

RECY B

-2.0%

SE Chemicals

-0.5%

SE Market


1 Year Return

-33.9%

RECY B

44.5%

SE Chemicals

41.8%

SE Market

Return vs Industry: RECY B underperformed the Swedish Chemicals industry which returned 44.5% over the past year.

Return vs Market: RECY B underperformed the Swedish Market which returned 41.8% over the past year.


Shareholder returns

RECY BIndustryMarket
7 Day4.5%-2.0%-0.5%
30 Day-17.0%-3.4%2.8%
90 Day-3.4%0.7%6.5%
1 Year-33.9%-33.9%50.2%44.5%46.7%41.8%
3 Year-86.5%-86.5%36.2%27.1%74.2%57.1%
5 Year-98.6%-98.7%36.3%20.4%110.8%69.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

2.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RECY B's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RECY B's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RECY B is unprofitable, so we can't compare its PE Ratio to the Swedish Chemicals industry average.

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


Price to Book Ratio

PB vs Industry: RECY B is good value based on its PB Ratio (2.4x) compared to the SE Chemicals industry average (4.9x).


Future Growth

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

15.5%

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 Recyctec Holding 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 Recyctec Holding performed over the past 5 years?

-0.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RECY B is currently unprofitable.

Growing Profit Margin: RECY B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RECY B is unprofitable, and losses have increased over the past 5 years at a rate of 0.2% per year.

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

Earnings vs Industry: RECY B is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (9.4%).


Return on Equity

High ROE: RECY B has a negative Return on Equity (-71.31%), as it is currently unprofitable.


Financial Health

How is Recyctec Holding's financial position?


Financial Position Analysis

Short Term Liabilities: RECY B's short term assets (SEK12.3M) do not cover its short term liabilities (SEK14.4M).

Long Term Liabilities: RECY B's short term assets (SEK12.3M) exceed its long term liabilities (SEK2.8M).


Debt to Equity History and Analysis

Debt Level: RECY B's debt to equity ratio (53.9%) is considered high.

Reducing Debt: RECY B's debt to equity ratio has reduced from 66.7% to 53.9% over the past 5 years.


Balance Sheet


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: RECY B has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RECY B has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.7% each year.


Dividend

What is Recyctec Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Next Steps

Management

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

2.0yrs

Average board tenure


CEO

Bjorn Skjævestad

1.42yrs

Tenure

Björn Skjævestad is Acting Chief Executive Officer of Recyctec Holding AB (publ) since 2020.


Board Members

Experienced Board: RECY B's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 259.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Recyctec Holding AB (publ)
  • Ticker: RECY B
  • Exchange: NGM
  • Founded: NaN
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: kr35.636m
  • Shares outstanding: 3.24m
  • Website: https://recyctec.se

Location

  • Recyctec Holding AB (publ)
  • Momarken 30
  • Jönköping
  • Jönköping County
  • 556 50
  • Sweden

Listings


Biography

Recyctec Holding AB (publ), a recycling company, engages in the recycling of used glycol primarily in Sweden. The company produces recycled glycol products that are used in cooling, heating, and heat recov...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 21:48
End of Day Share Price2021/06/17 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.