OM:AXIC A

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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


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 AIndustryMarket
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 Year201.7%199.4%20.0%11.8%48.6%30.9%
5 Year895.1%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

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

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

NamePositionTenureCompensationOwnership
Torsten Helsing
CEO & Director2.25yrsno datano data
Erik Lager
Chief Technical Officer1.75yrsno datano data
Lucas Altepost
Deputy MD and Chief Sales & Marketing Officer2.25yrsno datano 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

NamePositionTenureCompensationOwnership
Torsten Helsing
CEO & Director2.25yrsno datano data
Jan Gustavsson
Chairman of the Board3.42yrsno datano data
Gunilla Savring
Director7yrsno data0.016%
SEK 125.4k
Jakob Axelsson
Director6yrsno data0.025%
SEK 192.0k
Jørn Berthelsen
Director3.42yrsno data0.043%
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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AXIC AOM (OMX Nordic Exchange Stockholm)YesSeries A SharesSESEKFeb 2011
A6XDB (Deutsche Boerse AG)YesSeries A SharesDEEURFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 20:26
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.