Eniro Group (OM:ENRO) - Share price, News & Analysis

ENRO fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

ENRO Stock Overview

Eniro Group AB (publ) operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland.

Rewards

Trading at 97.7% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (SEK56M)

Eniro Group Competitors

Walmart

NYSE:WMT

US$328.1b

Target

NYSE:TGT

US$72.0b

Best Buy

NYSE:BBY

US$16.3b

Price History & Performance

Summary of all time highs, changes and price drops for Eniro Group
Historical stock prices
Current Share Price	kr0.84
52 Week High	kr1.85
52 Week Low	kr0.71
Beta	1.39
1 Month Change	8.33%
3 Month Change	-15.50%
1 Year Change	-6.11%
3 Year Change	-47.97%
5 Year Change	-96.39%
Change since IPO	-100.00%

Shareholder Returns

	ENRO	SE Media	SE Market
7D	8.3%	1.9%	0.3%
1Y	-6.1%	-35.5%	-8.8%

Return vs Industry: ENRO exceeded the Swedish Media industry which returned -35.5% over the past year.

Return vs Market: ENRO exceeded the Swedish Market which returned -12.7% over the past year.

Price Volatility

Is ENRO's price volatile compared to industry and market?
ENRO volatility
ENRO Average Weekly Movement	8.0%
Media Industry Average Movement	8.6%
Market Average Movement	7.9%
10% most volatile stocks in SE Market	13.0%
10% least volatile stocks in SE Market	4.9%

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

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

About the Company

Founded	Employees	CEO	Website
2000	600	Hosni Teque-Omeirat	https://www.enirogroup.com

Eniro Group AB (publ) operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland. It offers a range of digital marketing services to small and medium-sized companies through partnership, as well as through search engines, such as eniro.se, gulesider.no, gulesider.no, krak.dk, degulesider.dk, and 0100100.fi. The company also provides customer and answering services to large companies, as well as directory inquiry services.

Eniro Group Fundamentals Summary

How do Eniro Group's earnings and revenue compare to its market cap?
ENRO fundamental statistics
Market Cap	kr56.24m
Earnings (TTM)	-kr95.00m
Revenue (TTM)	kr842.00m

0.1x

P/S Ratio

-0.6x

P/E Ratio

Is ENRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENRO income statement (TTM)
Revenue	kr842.00m
Cost of Revenue	kr516.00m
Gross Profit	kr326.00m
Other Expenses	kr421.00m
Earnings	-kr95.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-1.43
Gross Margin	38.72%
Net Profit Margin	-11.28%
Debt/Equity Ratio	0%

How did ENRO perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ENRO (SEK0.85) is trading below our estimate of fair value (SEK36.16)

Significantly Below Fair Value: ENRO is trading below fair value by more than 20%.

Price To Earnings Ratio

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

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

Price to Book Ratio

PB vs Industry: ENRO is good value based on its PB Ratio (0.5x) compared to the SE Media industry average (2.7x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

49.1%

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 Eniro Group 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 Eniro Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

11.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENRO is currently unprofitable.

Growing Profit Margin: ENRO is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ENRO is unprofitable, but has reduced losses over the past 5 years at a rate of 11.9% per year.

Accelerating Growth: Unable to compare ENRO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ENRO is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (8.2%).

Return on Equity

High ROE: ENRO has a negative Return on Equity (-67.39%), as it is currently unprofitable.

Financial Health

How is Eniro Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ENRO's short term assets (SEK366.0M) do not cover its short term liabilities (SEK394.0M).

Long Term Liabilities: ENRO's short term assets (SEK366.0M) do not cover its long term liabilities (SEK474.0M).

Debt to Equity History and Analysis

Debt Level: ENRO is debt free.

Reducing Debt: ENRO has no debt compared to 5 years ago when its debt to equity ratio was 461%.

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 ENRO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ENRO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.4% per year.

Dividend

What is Eniro Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ENRO's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ENRO has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure

CEO

Hosni Teque-Omeirat (40 yo)

no data

Tenure

Mr. Hosni Teque-Omeirat serves as Director for Eniro Group AB (publ) since April 2022. He serves as Acting President and Chief Executive officer for Eniro Group AB (publ) since 2022. He served as Interim C...

Leadership Team

Experienced Management: ENRO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Experienced Board: ENRO's board of directors are not considered experienced ( 0.7 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: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31