I-Tech AB, a bio-technology company, develops and commercializes fouling prevention products in Sweden. More Details
ITECH passed our risk checks.
Exceptional growth potential with adequate balance sheet.
Share Price & News
How has I-Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITECH is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ITECH's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ITECH exceeded the Swedish Chemicals industry which returned 8.1% over the past year.
Return vs Market: ITECH exceeded the Swedish Market which returned 17.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is I-Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIf You Had Bought I-Tech (STO:ITECH) Shares A Year Ago You'd Have Earned 13% Returns
5 months ago | Simply Wall StIs I-Tech AB's (STO:ITECH) Latest Stock Performance A Reflection Of Its Financial Health?
6 months ago | Simply Wall StInvestors Who Bought I-Tech (STO:ITECH) Shares A Year Ago Are Now Up 148%
Is I-Tech undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITECH (SEK87) is trading below our estimate of fair value (SEK265.52)
Significantly Below Fair Value: ITECH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ITECH is poor value based on its PE Ratio (81.8x) compared to the SE Chemicals industry average (27.9x).
PE vs Market: ITECH is poor value based on its PE Ratio (81.8x) compared to the Swedish market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: ITECH is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: ITECH is overvalued based on its PB Ratio (9.4x) compared to the SE Chemicals industry average (7.9x).
How is I-Tech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITECH's forecast earnings growth (89.5% per year) is above the savings rate (0.4%).
Earnings vs Market: ITECH's earnings (89.5% per year) are forecast to grow faster than the Swedish market (12% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ITECH's revenue (44.2% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: ITECH's revenue (44.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITECH's Return on Equity is forecast to be high in 3 years time (24.7%)
How has I-Tech performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITECH has high quality earnings.
Growing Profit Margin: ITECH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ITECH has become profitable over the past 5 years, growing earnings by 42.4% per year.
Accelerating Growth: ITECH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ITECH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-12%).
Return on Equity
High ROE: ITECH's Return on Equity (11.5%) is considered low.
How is I-Tech's financial position?
Financial Position Analysis
Short Term Liabilities: ITECH's short term assets (SEK53.9M) exceed its short term liabilities (SEK9.3M).
Long Term Liabilities: ITECH's short term assets (SEK53.9M) exceed its long term liabilities (SEK6.0M).
Debt to Equity History and Analysis
Debt Level: ITECH's debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ITECH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ITECH's debt is well covered by operating cash flow (108.9%).
Interest Coverage: Insufficient data to determine if ITECH's interest payments on its debt are well covered by EBIT.
What is I-Tech current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ITECH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ITECH'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 ITECH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ITECH'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 ITECH's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Philip Chaabane is the CEO of I-Tech AB since 2014. Mr. Chaabane has extensive experience from positions within business as well as operational activities in R&D and production in high-tech and interna...
|Chief Executive Officer||7yrs||no data||0.87% |
|Chief Finance Officer||4yrs||no data||0.25% |
|Technical Director||2yrs||no data||no data|
|Marketing & Communications Director||4yrs||no data||0.013% |
|Sales Director||0.83yr||no data||no data|
|Head of Regulatory Affairs||8yrs||no data||0.21% |
Experienced Management: ITECH's management team is considered experienced (4 years average tenure).
|Independent Chairman||7yrs||no data||3.79% |
|Independent Director||4yrs||no data||no data|
|Independent Director||10yrs||no data||no data|
|Independent Director||3yrs||no data||0.084% |
|Director||0.67yr||no data||no data|
|Director||0.67yr||no data||no data|
Experienced Board: ITECH's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ITECH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
I-Tech AB's company bio, employee growth, exchange listings and data sources
- Name: I-Tech AB
- Ticker: ITECH
- Exchange: OM
- Founded: 2000
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: kr1.050b
- Shares outstanding: 11.91m
- Website: https://www.i-tech.se
Number of Employees
- I-Tech AB
- Pepparedsleden 1
- Västra Götaland County
- 431 83
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ITECH||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||May 2018|
I-Tech AB, a bio-technology company, develops and commercializes fouling prevention products in Sweden. The company offers Selektope, a bio-repellent ingredient for marine coatings that provide hard foulin...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 19:31|
|End of Day Share Price||2021/01/22 00:00|
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.