OM:CIRCHE

Stock Analysis Report

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Market Cap

kr189.3m

Last Updated

2021/06/17 23:04 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CIRCHE is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CIRCHE's weekly volatility has decreased from 14% to 8% over the past year.


Market Performance


7 Day Return

-1.3%

CIRCHE

-2.0%

SE Chemicals

-0.5%

SE Market


1 Year Return

n/a

CIRCHE

44.5%

SE Chemicals

41.8%

SE Market

Return vs Industry: Insufficient data to determine how CIRCHE performed against the Swedish Chemicals industry.

Return vs Market: Insufficient data to determine how CIRCHE performed against the Swedish Market.


Shareholder returns

CIRCHEIndustryMarket
7 Day-1.3%-2.0%-0.5%
30 Day-3.9%-3.4%2.8%
90 Day-14.9%0.7%6.5%
1 Yearn/a50.2%44.5%46.7%41.8%
3 Yearn/a36.2%27.1%74.2%57.1%
5 Yearn/a36.3%20.4%110.8%69.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

4.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CIRCHE's PB Ratio (4.8x) is in line with the SE Chemicals industry average.


Future Growth

How is CirChem 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 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.


Past Performance

How has CirChem performed over the past 5 years?

-66.9%

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 66.9% 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 (9.4%).


Return on Equity

High ROE: CIRCHE has a negative Return on Equity (-31.42%), as it is currently unprofitable.


Financial Health

How is CirChem's financial position?


Financial Position Analysis

Short Term Liabilities: CIRCHE's short term assets (SEK16.9M) exceed its short term liabilities (SEK6.9M).

Long Term Liabilities: CIRCHE's short term assets (SEK16.9M) exceed its long term liabilities (SEK4.3M).


Debt to Equity History and Analysis

Debt Level: CIRCHE's debt to equity ratio (15.8%) is considered satisfactory.

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 sufficient cash runway for more than a year 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 grow at historical rates of 16.6% each year.


Dividend

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


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.


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 CIRCHE'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?

0.8yrs

Average management tenure


CEO

Christina Hillforth (53 yo)

3.5yrs

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...


Leadership Team

Experienced Management: CIRCHE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: CIRCHE's board of directors are not considered experienced ( 1.2 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: CIRCHE only recently listed within the past 12 months.


Top Shareholders

Company Information

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


Key Information

  • Name: CirChem AB (publ)
  • Ticker: CIRCHE
  • Exchange: OM
  • Founded: 2013
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: kr189.297m
  • Shares outstanding: 12.79m
  • Website: https://www.circhem.com

Number of Employees


Location

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

Listings


Biography

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....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 23:04
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.