NGM:ZORDIX B

Stock Analysis Report

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Executive Summary

Zordix AB (publ) develops and publishes video games in digital channels. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ZORDIX B is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: ZORDIX B's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Swedish stocks.


Market Performance


7 Day Return

-22.7%

ZORDIX B

-9.5%

SE Entertainment

0.1%

SE Market


1 Year Return

164.1%

ZORDIX B

114.2%

SE Entertainment

16.7%

SE Market

Return vs Industry: ZORDIX B exceeded the Swedish Entertainment industry which returned 114.2% over the past year.

Return vs Market: ZORDIX B exceeded the Swedish Market which returned 16.7% over the past year.


Shareholder returns

ZORDIX BIndustryMarket
7 Day-22.7%-9.5%0.1%
30 Day-28.1%-10.0%7.3%
90 Day-11.5%-0.5%7.3%
1 Year188.7%164.1%116.4%114.2%18.5%16.7%
3 Yearn/a191.2%99.6%41.3%26.0%
5 Yearn/a-17.8%-60.8%60.4%29.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

168.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ZORDIX B is poor value based on its PE Ratio (168.1x) compared to the SE Entertainment industry average (51.8x).

PE vs Market: ZORDIX B is poor value based on its PE Ratio (168.1x) compared to the Swedish market (22.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ZORDIX B is overvalued based on its PB Ratio (6.1x) compared to the SE Entertainment industry average (3.9x).


Next Steps

Future Growth

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

38.2%

Forecasted Media 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 Zordix 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.


Next Steps

Past Performance

How has Zordix performed over the past 5 years?

-46.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ZORDIX B has a high level of non-cash earnings.

Growing Profit Margin: ZORDIX B's current net profit margins (4.1%) are lower than last year (14.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ZORDIX B's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: ZORDIX B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ZORDIX B had negative earnings growth (-46.9%) over the past year, making it difficult to compare to the Entertainment industry average (56.8%).


Return on Equity

High ROE: ZORDIX B's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Zordix's financial position?


Financial Position Analysis

Short Term Liabilities: ZORDIX B's short term assets (SEK17.2M) exceed its short term liabilities (SEK8.1M).

Long Term Liabilities: ZORDIX B's short term assets (SEK17.2M) exceed its long term liabilities (SEK8.0M).


Debt to Equity History and Analysis

Debt Level: ZORDIX B's debt to equity ratio (24.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ZORDIX B's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ZORDIX B's debt is well covered by operating cash flow (57.4%).

Interest Coverage: ZORDIX B's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ZORDIX B'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 ZORDIX B'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?


CEO

Matti Larsson (50 yo)

no data

Tenure

Mr. Matti Larsson serves as CEO & Member of the Board at Zordix AB (publ). Mr. Larsson is a Game industry veteran with over 19 years in leading positions in the industry with a long history of leading the ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ZORDIX B insiders have only sold shares 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 45.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Zordix AB (publ)
  • Ticker: ZORDIX B
  • Exchange: NGM
  • Founded: 2009
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: kr301.417m
  • Shares outstanding: 18.96m
  • Website: https://www.zordix.com

Number of Employees


Location

  • Zordix AB (publ)
  • Industrivägen 12
  • Umeå
  • Västerbotten County
  • 901 30
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZORDIX BNGM (Nordic Growth Market)YesB SharesSESEKNov 2018

Biography

Zordix AB (publ) develops and publishes video games in digital channels. The company publishes games for various game consoles, including Playstation 4, Wii U, 3DS, Xbox One, and Nintendo Switch. Zordix AB...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 20:04
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.