OM:ZETA

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Executive Summary

ZetaDisplay AB (publ) provides digital signage solutions. More Details


Snowflake Analysis

Reasonable growth potential and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ZETA is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ZETA's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

1.6%

ZETA

9.3%

SE Media

0.3%

SE Market


1 Year Return

-34.3%

ZETA

51.3%

SE Media

16.5%

SE Market

Return vs Industry: ZETA underperformed the Swedish Media industry which returned 50.3% over the past year.

Return vs Market: ZETA underperformed the Swedish Market which returned 16.7% over the past year.


Shareholder returns

ZETAIndustryMarket
7 Day1.6%9.3%0.3%
30 Day-2.5%11.4%4.1%
90 Day-9.1%7.6%6.8%
1 Year-34.3%-34.3%51.4%51.3%18.2%16.5%
3 Year-25.8%-30.3%135.2%133.0%40.6%25.4%
5 Year160.2%144.6%-24.4%-38.6%61.2%30.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

37.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZETA (SEK15.9) is trading below our estimate of fair value (SEK25.4)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ZETA is good value based on its PB Ratio (1.7x) compared to the SE Media industry average (3.6x).


Next Steps

Future Growth

How is ZetaDisplay forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

111.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZETA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: ZETA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZETA's is expected to become profitable in the next 3 years.

Revenue vs Market: ZETA's revenue (10.7% per year) is forecast to grow faster than the Swedish market (3.3% per year).

High Growth Revenue: ZETA's revenue (10.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZETA's Return on Equity is forecast to be low in 3 years time (12.2%).


Next Steps

Past Performance

How has ZetaDisplay performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZETA is currently unprofitable.

Growing Profit Margin: ZETA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZETA is unprofitable, and losses have increased over the past 5 years at a rate of 1.3% per year.

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

Earnings vs Industry: ZETA is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-5.7%).


Return on Equity

High ROE: ZETA has a negative Return on Equity (-5.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is ZetaDisplay's financial position?


Financial Position Analysis

Short Term Liabilities: ZETA's short term assets (SEK210.2M) exceed its short term liabilities (SEK117.7M).

Long Term Liabilities: ZETA's short term assets (SEK210.2M) do not cover its long term liabilities (SEK326.7M).


Debt to Equity History and Analysis

Debt Level: ZETA's debt to equity ratio (115.6%) is considered high.

Reducing Debt: ZETA's debt to equity ratio has reduced from 139.2% to 115.6% over the past 5 years.

Debt Coverage: ZETA's debt is well covered by operating cash flow (21.4%).

Interest Coverage: ZETA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

2.62%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ZETA'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 ZETA'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?

0.9yrs

Average management tenure


CEO

Per Mandorf (47 yo)

1.17yrs

Tenure

Mr. Per Mandorf has been President & Chief Executive Officer at ZetaDisplay AB (publ) since September 1, 2019. Mr. Mandorf serves as Commercial Director at Extenda Retail with responsibility for managing c...


Leadership Team

NamePositionTenureCompensationOwnership
Mats Johansson
Co-Founder & Chairman7.83yrskr665.00k9.52%
SEK 41.3m
Per Mandorf
CEO & President1.17yrsno datano data
Jacob Stjernfalt
CFO & IR Manager0.17yrno datano data
Manu Mesimaki
COO & Area Manager of Finland0.67yrno data1.15%
SEK 5.0m
Daniel Oelker
Chief Communication Officer2.83yrsno data0.11%
SEK 477.0k
Laila Jensen
Chief Commercial Officer0.67yrno datano data
Johanna Webb
Chief Product Officer0.67yrno datano data
Joakim Hansson
Managing Director of Zetadisplay Sverige AB10.83yrsno datano data
Paula Hjertberg
Group Reporting Officer2.42yrsno datano data

0.9yrs

Average Tenure

49yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Mats Johansson
Co-Founder & Chairman7.83yrskr665.00k9.52%
SEK 41.3m
Anders Moberg
Independent Director11.83yrskr50.00k4.42%
SEK 19.2m
Anders Pettersson
Director6.83yrskr100.00k9.95%
SEK 43.1m
Ingrid Blank
Independent Director10.83yrskr100.00k0.68%
SEK 2.9m
Mats Leander
Independent Director10.83yrskr50.00k3.72%
SEK 16.1m
Trond Christensen
Director1.83yrsno datano data
Finn Følling
Director1.83yrsno datano data
Mia Alholm
Director1.83yrsno datano data

7.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: ZETA's board of directors are considered experienced (7.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: ZetaDisplay AB (publ)
  • Ticker: ZETA
  • Exchange: OM
  • Founded: 2003
  • Industry: Advertising
  • Sector: Media
  • Market Cap: kr433.820m
  • Shares outstanding: 27.28m
  • Website: https://www.zetadisplay.com

Number of Employees


Location

  • ZetaDisplay AB (publ)
  • HOejdrodergatan 21
  • Malmö
  • Skåne County
  • 212 39
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZETAOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKApr 2011
0WBILSE (London Stock Exchange)YesShare CapitalGBSEKApr 2011
Z03BST (Boerse-Stuttgart)YesShare CapitalDEEURApr 2011

Biography

ZetaDisplay AB (publ) provides digital signage solutions. The company also offers digital communication tools, as well as ZetaTouch, a service that links the physical store with its e-commerce. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 21:49
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
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.