Executive Summary
aXichem AB develops, patents, and markets natural-analogue industrial compounds for the marine, pest control, feed ingredient, and medical application markets in Sweden and internationally. More Details
Risk Analysis
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has aXichem's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXIC A is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AXIC A's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.8%
AXIC A
3.2%
SE Chemicals
1.6%
SE Market
1 Year Return
-36.6%
AXIC A
4.7%
SE Chemicals
15.6%
SE Market
Return vs Industry: AXIC A underperformed the Swedish Chemicals industry which returned 8.1% over the past year.
Return vs Market: AXIC A underperformed the Swedish Market which returned 17.1% over the past year.
Shareholder returns
| AXIC A | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 3.2% | 1.6% |
| 30 Day | -4.0% | 7.4% | 5.6% |
| 90 Day | -8.2% | 8.8% | 10.9% |
| 1 Year | -36.6%-36.6% | 7.0%4.7% | 18.7%15.6% |
| 3 Year | 201.7%199.4% | 20.0%11.8% | 48.6%30.9% |
| 5 Year | 895.1%770.9% | 16.7%0.9% | 87.5%47.6% |
Long-Term Price Volatility Vs. Market
How volatile is aXichem's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
We Think aXichem (STO:AXIC A) Needs To Drive Business Growth Carefully4 months ago | Simply Wall St
We're Hopeful That aXichem (STO:AXIC A) Will Use Its Cash Wisely6 months ago | Simply Wall St
What Percentage Of aXichem AB (STO:AXIC A) Shares Do Insiders Own?Valuation
Is aXichem undervalued compared to its fair value and its price relative to the market?
13.35x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AXIC A's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AXIC A's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AXIC A is unprofitable, so we can't compare its PE Ratio to the SE Chemicals industry average.
PE vs Market: AXIC A 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 AXIC A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXIC A is overvalued based on its PB Ratio (13.4x) compared to the SE Chemicals industry average (7.9x).
Next Steps
Future Growth
How is aXichem forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
29.8%
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 aXichem 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.
Next Steps
- Examine aXichem's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- aXichem competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has aXichem performed over the past 5 years?
-17.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXIC A is currently unprofitable.
Growing Profit Margin: AXIC A is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXIC A is unprofitable, and losses have increased over the past 5 years at a rate of 17.5% per year.
Accelerating Growth: Unable to compare AXIC A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXIC A is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-12%).
Return on Equity
High ROE: AXIC A has a negative Return on Equity (-23.59%), as it is currently unprofitable.
Next Steps
Financial Health
How is aXichem's financial position?
Financial Position Analysis
Short Term Liabilities: AXIC A's short term assets (SEK17.6M) exceed its short term liabilities (SEK1.5M).
Long Term Liabilities: AXIC A has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXIC A is debt free.
Reducing Debt: AXIC A had no debt 5 years ago.
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: AXIC A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AXIC A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.4% each year
Next Steps
Dividend
What is aXichem current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXIC A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXIC A'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 AXIC A's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXIC A'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 AXIC A'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?
2.3yrs
Average management tenure
CEO
Torsten Helsing (63 yo)
2.25yrs
Tenure
Mr. Torsten Helsing has been Chief Executive Officer at aXichem AB since October 2018. Mr. Helsing served as Managing Director of aXichem AB until October 2018. Mr. Helsing served as Chief Executive Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.25yrs | no data | no data | |
| Chief Technical Officer | 1.75yrs | no data | no data | |
| Deputy MD and Chief Sales & Marketing Officer | 2.25yrs | no data | no data |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: AXIC A's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.25yrs | no data | no data | |
| Chairman of the Board | 3.42yrs | no data | no data | |
| Director | 7yrs | no data | 0.016% SEK 125.4k | |
| Director | 6yrs | no data | 0.025% SEK 192.0k | |
| Director | 3.42yrs | no data | 0.043% SEK 325.4k |
6.0yrs
Average Tenure
63yo
Average Age
Experienced Board: AXIC A's board of directors are considered experienced (6 years average tenure).
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
aXichem AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: aXichem AB
- Ticker: AXIC A
- Exchange: OM
- Founded: NaN
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: kr764.690m
- Shares outstanding: 15.93m
- Website: https://www.axichem.com
Number of Employees
Location
- aXichem AB
- Södergatan 26
- Malmö
- Skåne County
- 211 34
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AXIC A | OM (OMX Nordic Exchange Stockholm) | Yes | Series A Shares | SE | SEK | Feb 2011 |
| A6X | DB (Deutsche Boerse AG) | Yes | Series A Shares | DE | EUR | Feb 2011 |
Biography
aXichem AB develops, patents, and markets natural-analogue industrial compounds for the marine, pest control, feed ingredient, and medical application markets in Sweden and internationally. It offers aXiph...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 20:26 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.