OM:BOOZT

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Boozt AB (publ), together with its subsidiaries, sells fashion, apparel, and beauty products online.


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BOOZT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.8%

BOOZT

8.5%

SE Online Retail

3.7%

SE Market


1 Year Return

92.0%

BOOZT

22.8%

SE Online Retail

7.7%

SE Market

Return vs Industry: BOOZT exceeded the Swedish Online Retail industry which returned 22.6% over the past year.

Return vs Market: BOOZT exceeded the Swedish Market which returned 7.5% over the past year.


Shareholder returns

BOOZTIndustryMarket
7 Day4.8%8.5%3.7%
30 Day43.2%14.4%0.8%
90 Day150.2%45.0%18.8%
1 Year92.0%92.0%24.6%22.8%9.3%7.7%
3 Year21.0%21.0%-3.1%-8.6%22.3%9.3%
5 Yearn/a89.0%81.4%37.8%10.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BOOZT (SEK96.2) is trading above our estimate of fair value (SEK75.29)

Significantly Below Fair Value: BOOZT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BOOZT is unprofitable, so we can't compare its PE Ratio to the Online Retail industry average.

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


Price to Book Ratio

PB vs Industry: BOOZT is overvalued based on its PB Ratio (6.4x) compared to the SE Online Retail industry average (2.7x).


Next Steps

Future Growth

How is Boozt forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

65.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: BOOZT's revenue (15.3% per year) is forecast to grow faster than the Swedish market (6.2% per year).

High Growth Revenue: BOOZT's revenue (15.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOOZT's Return on Equity is forecast to be low in 3 years time (18%).


Next Steps

Past Performance

How has Boozt performed over the past 5 years?

45.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOOZT is currently unprofitable.

Growing Profit Margin: BOOZT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOOZT is unprofitable, but has reduced losses over the past 5 years at a rate of 45.4% per year.

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

Earnings vs Industry: BOOZT is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-11.5%).


Return on Equity

High ROE: BOOZT has a negative Return on Equity (-0.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Boozt's financial position?


Financial Position Analysis

Short Term Liabilities: BOOZT's short term assets (SEK1.7B) exceed its short term liabilities (SEK1.2B).

Long Term Liabilities: BOOZT's short term assets (SEK1.7B) exceed its long term liabilities (SEK431.5M).


Debt to Equity History and Analysis

Debt Level: BOOZT's debt to equity ratio (39%) is considered satisfactory.

Reducing Debt: BOOZT's debt to equity ratio has increased from 24.5% to 39% over the past 5 years.

Debt Coverage: BOOZT's debt is well covered by operating cash flow (37.1%).

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


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BOOZT'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 BOOZT'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

Hermann Haraldsson (54yo)

10.5yrs

Tenure

kr9,200,000

Compensation

Mr. Hermann Haraldsson has been Chief Executive Officer of Boozt AB (publ) since 2010 and serves as its Co-Founder. Mr. Haraldsson serves as the Chief Executive Officer of Boozt Fashion AB. He serves as a  ...


CEO Compensation Analysis

Compensation vs Market: Hermann's total compensation ($USD996.95K) is about average for companies of similar size in the Swedish market ($USD816.08K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Hermann Haraldsson
Co-Founder & Group CEO10.5yrskr9.20m0.78% SEK43.2m
Peter Jørgensen
Co-Founderno datano data0.41% SEK23.0m
Niels Hemmingsen
Co-Founder & Advisorno datano data0.44% SEK24.6m
Jesper Brøndum
Co-Founder & Group Chief Technical Officerno datano data0.38% SEK21.3m
Sandra Gadd
Group Chief Financial Officer0.58yrno data0.013% SEK721.6k
Anders Enevoldsen
Group Head of IR & Corporate Communication2.33yrsno data0.021% SEK1.2m
Mads Famme
Group Chief Purchasing Officer3yrsno data0.12% SEK6.7m
Lars Lindgaard
Chief Supply Chain Officer0.75yrno datano data

2.3yrs

Average Tenure

45yo

Average Age

Experienced Management: BOOZT's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kent Larsen
Independent Director11.5yrskr450.00kno data
Bjørn Kroghsbo
Independent Director2.25yrskr300.00kno data
Cecilia Lannebo
Independent Director2.25yrskr400.00k0.0087% SEK481.1k
Luca Martines
Independent Director1.17yrskr340.00kno data
Jón Björnsson
Independent Director8.5yrskr375.00k0.049% SEK2.7m
Henrik Theilbjørn
Independent Chairman11.5yrskr740.00k0.42% SEK23.2m

5.4yrs

Average Tenure

54yo

Average Age

Experienced Board: BOOZT's board of directors are considered experienced (5.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BOOZT insiders have sold more shares than they have bought 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

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


Key Information

  • Name: Boozt AB (publ)
  • Ticker: BOOZT
  • Exchange: OM
  • Founded: 2007
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: kr5.555b
  • Shares outstanding: 57.75m
  • Website: https://www.booztfashion.com

Number of Employees


Location

  • Boozt AB (publ)
  • Hyllie Boulevard 35
  • Malmö
  • Skåne County
  • 215 37
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOKDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2017
0RPYLSE (London Stock Exchange)YesCommon SharesGBSEKMay 2017
BOOZTOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKMay 2017
BOOZTSBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBSEKMay 2017
BOZT.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDSep 2017

Biography

Boozt AB (publ), together with its subsidiaries, sells fashion, apparel, and beauty products online. It operates through three segments: Boozt.com, Booztlet.com, and Other. The company operates Boozt.com, a multi-brand Webstore with approximately 600 brand partners for women, men, kids, sports and athleisure, beauty, and home products. The Booztlet.com operates as a channel for inventory clearance and retailing items that were not sold during their allotted timeframe in the Webstores. It also provides clothing, shoes, accessories, sportswear, beauty products, and soft home products. In addition, the company operates two physical retail stores under the Beauty by Boozt stores name. The company operates in Sweden, Denmark, Norway, Finland, Germany, the United Kingdom, France, the Netherlands, Poland, and other European countries. Boozt AB (publ) was founded in 2007 and is headquartered in Malmö, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 20:51
End of Day Share Price2020/07/07 00:00
Earnings2020/03/31
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.