Executive Summary
Polygiene AB (publ.) develops, manufactures, and sells odor control solutions for clothes, sports equipment, textiles, and other materials in Asia, Europe, North America, and internationally.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with limited growth.
Share Price & News
How has Polygiene AB (publ.)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: POLYG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.4%
POLYG
2.8%
SE Chemicals
3.9%
SE Market
1 Year Return
180.8%
POLYG
5.7%
SE Chemicals
11.2%
SE Market
Return vs Industry: POLYG exceeded the Swedish Chemicals industry which returned 5.5% over the past year.
Return vs Market: POLYG exceeded the Swedish Market which returned 10.9% over the past year.
Shareholder returns
| POLYG | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.4% | 2.8% | 3.9% |
| 30 Day | 77.8% | 16.2% | 13.1% |
| 90 Day | 178.8% | 11.4% | 4.0% |
| 1 Year | 180.8%180.8% | 5.8%5.7% | 12.8%11.2% |
| 3 Year | 34.8%34.8% | -15.1%-19.4% | 17.5%1.6% |
| 5 Year | n/a | -24.8%-13.9% | 36.5%9.7% |
Price Volatility Vs. Market
How volatile is Polygiene AB (publ.)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
The Polygiene AB (publ.) (STO:POLYG) Share Price Is Up 144% And Shareholders Are Boasting About It1 month ago | Simply Wall St
Polygiene AB (publ.)'s (STO:POLYG) Shift From Loss To Profit1 month ago | Simply Wall St
Could The Polygiene AB (publ.) (STO:POLYG) Ownership Structure Tell Us Something Useful?Valuation
Is Polygiene AB (publ.) undervalued compared to its fair value and its price relative to the market?
10.88x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: POLYG (SEK15.5) is trading above our estimate of fair value (SEK1.56)
Significantly Below Fair Value: POLYG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: POLYG is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: POLYG 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 POLYG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: POLYG is overvalued based on its PB Ratio (10.9x) compared to the SE Chemicals industry average (3.6x).
Next Steps
Future Growth
How is Polygiene AB (publ.) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
91.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: POLYG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: POLYG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: POLYG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: POLYG's revenue (24.4% per year) is forecast to grow faster than the Swedish market (5.9% per year).
High Growth Revenue: POLYG's revenue (24.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if POLYG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Polygiene AB (publ.) performed over the past 5 years?
-54.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: POLYG is currently unprofitable.
Growing Profit Margin: POLYG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: POLYG is unprofitable, and losses have increased over the past 5 years at a rate of -54.5% per year.
Accelerating Growth: Unable to compare POLYG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: POLYG is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-4.9%).
Return on Equity
High ROE: POLYG has a negative Return on Equity (-13.91%), as it is currently unprofitable.
Next Steps
Financial Health
How is Polygiene AB (publ.)'s financial position?
Financial Position Analysis
Short Term Liabilities: POLYG's short term assets (SEK29.2M) exceed its short term liabilities (SEK15.2M).
Long Term Liabilities: POLYG's short term assets (SEK29.2M) exceed its long term liabilities (SEK170.0K).
Debt to Equity History and Analysis
Debt Level: POLYG is debt free.
Reducing Debt: POLYG has not had any debt for 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: Whilst unprofitable POLYG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: POLYG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.9% per year.
Next Steps
Dividend
What is Polygiene AB (publ.)'s current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate POLYG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate POLYG'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 POLYG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if POLYG'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 POLYG'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
Ulrika Björk (51yo)
2.5yrs
Tenure
kr1,440,000
Compensation
Ms. Ulrika Björk has been the Chief Executive Officer of Polygiene AB (publ.) since December 28, 2017 and was its Acting Chief Financial Officer since March 20, 2019 until January 2, 2020. Previously, Ms. ...
CEO Compensation Analysis
Compensation vs Market: Ulrika's total compensation ($USD156.45K) is about average for companies of similar size in the Swedish market ($USD222.28K).
Compensation vs Earnings: Insufficient data to compare Ulrika's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.5yrs | kr1.44m | 0.32% SEK1.0m | |
| Chief Financial Officer | 0.42yr | no data | no data | |
| Chief Technology Officer | no data | no data | 0.024% SEK77.5k | |
| Chief Marketing Officer | 2.25yrs | no data | 3.66% SEK11.6m | |
| Chief Sales Officer | 2.17yrs | no data | 0.066% SEK210.8k | |
| Chief Commercial Officer | 4.42yrs | no data | 2.94% SEK9.3m |
2.3yrs
Average Tenure
51yo
Average Age
Experienced Management: POLYG's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of Advisory Board | 2.25yrs | no data | no data | |
| Independent Chairman of the Board | 2.08yrs | kr225.00k | 4.26% SEK13.6m | |
| Independent Director | 1.08yrs | kr125.00k | 10.09% SEK32.1m | |
| Member of Advisory Board | 2.25yrs | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Director | 0.083yr | no data | no data | |
| Independent Director | 2.08yrs | kr125.00k | 0.049% SEK155.0k | |
| Independent Director | 1.08yrs | kr125.00k | 0.058% SEK186.0k | |
| Member of Advisory Board | 1.42yrs | no data | no data |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Board: POLYG's board of directors are not considered experienced ( 1.8 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: POLYG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Polygiene AB (publ.)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Polygiene AB (publ.)
- Ticker: POLYG
- Exchange: OM
- Founded: 2006
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: kr317.998m
- Shares outstanding: 20.52m
- Website: https://www.polygiene.com
Number of Employees
Location
- Polygiene AB (publ.)
- Styrmansgatan 2
- Malmö
- Skåne County
- 211 18
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| POLYG | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Mar 2016 |
Biography
Polygiene AB (publ.) develops, manufactures, and sells odor control solutions for clothes, sports equipment, textiles, and other materials in Asia, Europe, North America, and internationally. The company serves partners in the sports and outdoor, lifestyle, home design, footwear, and workwear segments. It offers its products under the Polygiene brand. The company was founded in 2006 and is headquartered in Malmö, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/05 00:49 |
| End of Day Share Price | 2020/06/04 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.