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Market Cap

kr608.4m

Last Updated

2021/05/16 18:57 UTC

Data Sources

Company Financials +

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

6.7%

ZETA

-5.7%

SE Media

-1.4%

SE Market


1 Year Return

55.4%

ZETA

27.4%

SE Media

56.4%

SE Market

Return vs Industry: ZETA exceeded the Swedish Media industry which returned 27.4% over the past year.

Return vs Market: ZETA matched the Swedish Market which returned 56.4% over the past year.


Shareholder returns

ZETAIndustryMarket
7 Day6.7%-5.7%-1.4%
30 Day8.8%-17.4%-2.8%
90 Day43.9%-21.1%7.7%
1 Year55.4%55.4%27.4%27.4%61.6%56.4%
3 Year22.9%15.5%65.6%64.2%63.4%45.3%
5 Year231.7%211.9%-3.9%-21.0%105.4%64.5%

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?

35.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZETA (SEK22.3) is trading below our estimate of fair value (SEK34.67)

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


Price To Earnings Ratio

PE vs Industry: ZETA is poor value based on its PE Ratio (2396.3x) compared to the Swedish Media industry average (30.7x).

PE vs Market: ZETA is poor value based on its PE Ratio (2396.3x) compared to the Swedish market (24.5x).


Price to Earnings Growth Ratio

PEG Ratio: ZETA is poor value based on its PEG Ratio (23.4x)


Price to Book Ratio

PB vs Industry: ZETA is good value based on its PB Ratio (2.4x) compared to the SE Media industry average (4.5x).


Future Growth

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

102.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZETA's forecast earnings growth (102.3% per year) is above the savings rate (0.3%).

Earnings vs Market: ZETA's earnings (102.3% per year) are forecast to grow faster than the Swedish market (1.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ZETA's revenue (14.8% per year) is forecast to grow faster than the Swedish market (0.6% per year).

High Growth Revenue: ZETA's revenue (14.8% 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 (14.2%).


Past Performance

How has ZetaDisplay performed over the past 5 years?

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZETA has a large one-off gain of SEK7.7M impacting its March 31 2021 financial results.

Growing Profit Margin: ZETA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ZETA's earnings have declined by 12.3% per year over the past 5 years.

Accelerating Growth: ZETA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ZETA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-16.9%).


Return on Equity

High ROE: ZETA's Return on Equity (0.1%) is considered low.


Financial Health

How is ZetaDisplay's financial position?


Financial Position Analysis

Short Term Liabilities: ZETA's short term assets (SEK195.6M) exceed its short term liabilities (SEK142.1M).

Long Term Liabilities: ZETA's short term assets (SEK195.6M) do not cover its long term liabilities (SEK357.3M).


Debt to Equity History and Analysis

Debt Level: ZETA's debt to equity ratio (113.6%) is considered high.

Reducing Debt: ZETA's debt to equity ratio has increased from 113.6% to 113.6% over the past 5 years.

Debt Coverage: ZETA's debt is not well covered by operating cash flow (18.5%).

Interest Coverage: ZETA's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

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

2.24%

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?

1.4yrs

Average management tenure


CEO

Per Mandorf (47 yo)

1.67yrs

Tenure

kr2,958,000

Compensation

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...


CEO Compensation Analysis

Compensation vs Market: Per's total compensation ($USD354.50K) is above average for companies of similar size in the Swedish market ($USD247.00K).

Compensation vs Earnings: Per's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ZETA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ZETA's board of directors are considered experienced (7.8 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.


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: NaN
  • Industry: Advertising
  • Sector: Media
  • Market Cap: kr608.440m
  • 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


Biography

ZetaDisplay AB (publ) provides digital signage solutions. The company also offers ZetaDisplay Engage CMS platform; and ZetaTouch, a service that links the physical store with its e-commerce. It serves reta...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 18:57
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.