Executive Summary
Fenix Outdoor International AG, together with its subsidiaries, develops, produces, and sells outdoor products primarily in Sweden, other Nordic countries, Germany, Benelux, other Europe, the Americas, Switzerland, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has Fenix Outdoor International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FOI B's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
11.2%
FOI B
3.5%
SE Specialty Retail
2.6%
SE Market
1 Year Return
-8.9%
FOI B
-13.6%
SE Specialty Retail
6.0%
SE Market
Return vs Industry: FOI B exceeded the Swedish Specialty Retail industry which returned -13.6% over the past year.
Return vs Market: FOI B underperformed the Swedish Market which returned 6% over the past year.
Shareholder returns
| FOI B | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.2% | 3.5% | 2.6% |
| 30 Day | 3.0% | -8.5% | 0.7% |
| 90 Day | 55.9% | 27.7% | 25.9% |
| 1 Year | -8.9%-8.9% | -11.6%-13.6% | 7.5%6.0% |
| 3 Year | 3.3%1.0% | -22.6%-32.8% | 20.5%7.7% |
| 5 Year | 166.7%155.4% | -43.9%-54.2% | 37.8%10.6% |
Price Volatility Vs. Market
How volatile is Fenix Outdoor International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Fenix Outdoor International AG's (STO:FOI B) Latest Stock Performance A Reflection Of Its Financial Health?3 weeks ago | Simply Wall St
Does Fenix Outdoor International (STO:FOI B) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
Why Fenix Outdoor International AG (STO:FOI B) Could Be Worth WatchingValuation
Is Fenix Outdoor International undervalued compared to its fair value and its price relative to the market?
45.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FOI B (SEK904) is trading below our estimate of fair value (SEK1649.95)
Significantly Below Fair Value: FOI B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FOI B is poor value based on its PE Ratio (23.3x) compared to the Specialty Retail industry average (17x).
PE vs Market: FOI B is poor value based on its PE Ratio (23.3x) compared to the Swedish market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: FOI B is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: FOI B is overvalued based on its PB Ratio (3.6x) compared to the SE Specialty Retail industry average (2.3x).
Next Steps
Future Growth
How is Fenix Outdoor International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
24.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FOI B's forecast earnings growth (24% per year) is above the savings rate (0.5%).
Earnings vs Market: FOI B's earnings (24% per year) are forecast to grow faster than the Swedish market (17.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FOI B's revenue (3.9% per year) is forecast to grow slower than the Swedish market (6.2% per year).
High Growth Revenue: FOI B's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FOI B's Return on Equity is forecast to be low in 3 years time (18.5%).
Next Steps
Past Performance
How has Fenix Outdoor International performed over the past 5 years?
19.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FOI B has high quality earnings.
Growing Profit Margin: FOI B's current net profit margins (8.2%) are lower than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: FOI B's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: FOI 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: FOI B had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Specialty Retail industry average (-3.9%).
Return on Equity
High ROE: FOI B's Return on Equity (15.5%) is considered low.
Next Steps
Financial Health
How is Fenix Outdoor International's financial position?
Financial Position Analysis
Short Term Liabilities: FOI B's short term assets (€301.4M) exceed its short term liabilities (€113.8M).
Long Term Liabilities: FOI B's short term assets (€301.4M) exceed its long term liabilities (€119.2M).
Debt to Equity History and Analysis
Debt Level: FOI B's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: FOI B's debt to equity ratio has reduced from 45.8% to 7% over the past 5 years.
Debt Coverage: FOI B's debt is well covered by operating cash flow (263.1%).
Interest Coverage: FOI B's interest payments on its debt are well covered by EBIT (32.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Fenix Outdoor International current dividend yield, its reliability and sustainability?
1.70%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FOI 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 FOI 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 FOI B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FOI B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FOI B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FOI 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?
2.3yrs
Average management tenure
CEO
Martin Nordin (58yo)
18.5yrs
Tenure
€763,000
Compensation
Mr. Martin Nordin serves as the Managing Director at HANWAG GmbH. Mr. Nordin has served as Executive Chairman since April 2018 and CEO of Fenix Outdoor AB since 2002. He serves as Executive Chairman & Dire ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD857.79K) is about average for companies of similar size in the Swedish market ($USD914.26K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 18.5yrs | €763.00k | 1.82% €219.3m | |
| Senior Executive & Director | 4.5yrs | €192.00k | no data | |
| President | 2.25yrs | €495.00k | 0.0075% €904.5k | |
| Chief Financial Officer | no data | no data | 0.0083% €994.9k | |
| Executive Vice President | 2.25yrs | no data | 0.045% €5.4m |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Management: FOI B's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 18.5yrs | €763.00k | 1.82% €219.3m | |
| Senior Executive & Director | 4.5yrs | €192.00k | no data | |
| Permanent Honorary Member of Board of Directors | 2.5yrs | no data | no data | |
| Director | no data | €65.00k | no data | |
| Director | 7.17yrs | €67.00k | no data | |
| Independent Director | 34.5yrs | €18.00k | no data | |
| Director | 4.5yrs | €18.00k | 0.00075% €90.4k |
4.5yrs
Average Tenure
61yo
Average Age
Experienced Board: FOI B's board of directors are considered experienced (4.5 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
Fenix Outdoor International AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fenix Outdoor International AG
- Ticker: FOI B
- Exchange: OM
- Founded:
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: kr12.060b
- Shares outstanding: 13.34m
- Website: https://www.fenixoutdoor.se
Number of Employees
Location
- Fenix Outdoor International AG
- Weidstrasse 1a
- Zug
- Zug
- 6300
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FOI B | OM (OMX Nordic Exchange Stockholm) | Yes | Class B Ordinary Shares | SE | SEK | Jun 2014 |
| FOIBS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class B Ordinary Shares | GB | SEK | Jun 2014 |
| 0QVE | LSE (London Stock Exchange) | Yes | Class B Ordinary Shares | GB | SEK | Jun 2014 |
| FNXT.F | OTCPK (Pink Sheets LLC) | Yes | Class B Ordinary Shares | US | USD | Jun 2014 |
Biography
Fenix Outdoor International AG, together with its subsidiaries, develops, produces, and sells outdoor products primarily in Sweden, other Nordic countries, Germany, Benelux, other Europe, the Americas, Switzerland, and internationally. The company operates through three segments: Brands, Global Sales, and Frilufts. It offers apparels, daypacks, backpacks, sleeping bags, tents, stoves, bags, outdoor shoes and boots, and navigation equipment, as well as accessories. The company sells its products under the Fjällräven, Tierra, Primus, Hanwag, Brunton, and Royal Robbins brand names through 80 stores, including 34 in Sweden, 19 in Finland, 17 in Germany, and 10 in Denmark; and 3 branded retail stores in Europe and 34 branded retail stores in North America, as well as e-commerce stores. Fenix Outdoor International AG is based in Zug, Switzerland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/04 20:52 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.