company background image
CIRC

CirChem OM:CIRCHE Stock Report

Last Price

kr2.51

Market Cap

kr43.2m

7D

-13.6%

1Y

-83.7%

Updated

28 Jun, 2022

Data

Company Financials
CIRCHE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

CIRCHE Stock Overview

CirChem AB (publ) engages in recycling of used solvents in Sweden.

CirChem Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CirChem
Historical stock prices
Current Share Pricekr2.51
52 Week Highkr19.90
52 Week Lowkr2.49
Beta0
1 Month Change-28.49%
3 Month Change-59.12%
1 Year Change-83.70%
3 Year Changen/a
5 Year Changen/a
Change since IPO-61.96%

Recent News & Updates

Shareholder Returns

CIRCHESE ChemicalsSE Market
7D-13.6%1.1%1.1%
1Y-83.7%-22.4%-20.9%

Return vs Industry: CIRCHE underperformed the Swedish Chemicals industry which returned -22.4% over the past year.

Return vs Market: CIRCHE underperformed the Swedish Market which returned -20.9% over the past year.

Price Volatility

Is CIRCHE's price volatile compared to industry and market?
CIRCHE volatility
CIRCHE Average Weekly Movement10.2%
Chemicals Industry Average Movement9.0%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: CIRCHE is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CIRCHE's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
20136Christina Hillforthhttps://www.circhem.com

CirChem AB (publ) engages in recycling of used solvents in Sweden. It collects and purify used industrial solvents for reuse; and produces other chemical products, such as washer fluid and rubbing alcohol. CirChem AB (publ)was founded in 2013 and is based in Vargon, Sweden.

CirChem Fundamentals Summary

How do CirChem's earnings and revenue compare to its market cap?
CIRCHE fundamental statistics
Market Capkr43.17m
Earnings (TTM)-kr19.17m
Revenue (TTM)kr3.23m

12.4x

P/S Ratio

-2.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CIRCHE income statement (TTM)
Revenuekr3.23m
Cost of Revenuekr4.97m
Gross Profit-kr1.75m
Other Expenseskr17.42m
Earnings-kr19.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.20
Gross Margin-54.13%
Net Profit Margin-594.09%
Debt/Equity Ratio10.3%

How did CIRCHE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CIRCHE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CIRCHE?

Other financial metrics that can be useful for relative valuation.

CIRCHE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue12.4x
Enterprise Value/EBITDA-2.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CIRCHE's PS Ratio compare to its peers?

CIRCHE PS Ratio vs Peers
The above table shows the PS ratio for CIRCHE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average10.7x
POLYMER Polymer Factory Sweden
10.8xn/akr25.6m
ECO B EcoRub
28.5xn/akr111.7m
NEXAM Nexam Chemical Holding
1.8x22.7%kr405.4m
ARPL Arla Plast
0.9x7.9%kr820.0m
CIRCHE CirChem
12.4xn/akr43.2m

Price-To-Sales vs Peers: CIRCHE is expensive based on its Price-To-Sales Ratio (12.4x) compared to the peer average (10.7x).


Price to Earnings Ratio vs Industry

How does CIRCHE's PE Ratio compare vs other companies in the European Chemicals Industry?

Price-To-Sales vs Industry: CIRCHE is expensive based on its Price-To-Sales Ratio (12.4x) compared to the Swedish Chemicals industry average (4.7x)


Price to Sales Ratio vs Fair Ratio

What is CIRCHE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CIRCHE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CIRCHE's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CIRCHE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CIRCHE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CIRCHE's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CIRCHE's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.9%

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 CirChem 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.


Discover growth companies

  • Take a look at our analysis of CIRCHE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • CirChem competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has CirChem performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-45.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CIRCHE is currently unprofitable.

Growing Profit Margin: CIRCHE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CIRCHE is unprofitable, and losses have increased over the past 5 years at a rate of 45.7% per year.

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

Earnings vs Industry: CIRCHE is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (58.3%).


Return on Equity

High ROE: CIRCHE has a negative Return on Equity (-46.85%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is CirChem's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CIRCHE's short term assets (SEK30.5M) exceed its short term liabilities (SEK24.5M).

Long Term Liabilities: CIRCHE's short term assets (SEK30.5M) exceed its long term liabilities (SEK2.2M).


Debt to Equity History and Analysis

Debt Level: CIRCHE has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CIRCHE's debt to equity ratio has reduced 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: CIRCHE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CIRCHE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.6% each year


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate CIRCHE'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 CIRCHE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CIRCHE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CIRCHE has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.2yrs

Average board tenure


CEO

Christina Hillforth (53 yo)

4.5yrs

Tenure

Ms. Christina Hillforth has been Chief Executive Officer of CirChem AB (publ) since December 2017. Ms. Hillforth serves as Chief Executive Officer and Board member at Hillforth Development AB. She serves a...


Board Members

Experienced Board: CIRCHE's board of directors are not considered experienced ( 2.2 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: CIRCHE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25%.


Top Shareholders

Company Information

CirChem AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: CirChem AB (publ)
  • Ticker: CIRCHE
  • Exchange: OM
  • Founded: 2013
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: kr43.167m
  • Shares outstanding: 15.99m
  • Website: https://www.circhem.com

Number of Employees


Location

  • CirChem AB (publ)
  • MAelderistvAegen 3
  • Vargön
  • Västra Götaland County
  • 468 30
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.