Executive Summary
CirChem AB (publ) engages in recycling of used solvents in Sweden. More Details
Risk Analysis
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
| CIRCHE | Industry | Market | |
|---|---|---|---|
| 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 Year | n/a | 50.2%44.5% | 46.7%41.8% |
| 3 Year | n/a | 36.2%27.1% | 74.2%57.1% |
| 5 Year | n/a | 36.3%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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/17 23:04 |
| End of Day Share Price | 2021/06/17 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.