OM:FOOT B

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Executive Summary

Footway Group AB (publ) operates an online shoe store.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FOOT B has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.3%

FOOT B

3.5%

SE Online Retail

2.9%

SE Market


1 Year Return

-20.1%

FOOT B

27.2%

SE Online Retail

11.7%

SE Market

Return vs Industry: FOOT B underperformed the Swedish Online Retail industry which returned 22.7% over the past year.

Return vs Market: FOOT B underperformed the Swedish Market which returned 8.5% over the past year.


Shareholder returns

FOOT BIndustryMarket
7 Day3.3%3.5%2.9%
30 Day13.8%19.3%9.9%
90 Day-10.8%45.9%23.3%
1 Year-20.1%-20.1%29.1%27.2%13.4%11.7%
3 Yearn/a-9.4%-14.4%26.0%12.5%
5 Yearn/a97.6%89.2%41.0%13.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

4.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FOOT B's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FOOT B's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FOOT B is overvalued based on its PB Ratio (4.3x) compared to the SE Online Retail industry average (2.5x).


Next Steps

Future Growth

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

28.1%

Forecasted Retail 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 Footway 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.


Next Steps

Past Performance

How has Footway Group performed over the past 5 years?

59.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FOOT B is currently unprofitable.

Growing Profit Margin: FOOT B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FOOT B is unprofitable, but has reduced losses over the past 5 years at a rate of 59.1% per year.

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

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


Return on Equity

High ROE: FOOT B has a negative Return on Equity (1.55%), as it is currently unprofitable.


Next Steps

Financial Health

How is Footway Group's financial position?


Financial Position Analysis

Short Term Liabilities: FOOT B's short term assets (SEK657.0M) exceed its short term liabilities (SEK423.0M).

Long Term Liabilities: FOOT B's short term assets (SEK657.0M) exceed its long term liabilities (SEK49.0M).


Debt to Equity History and Analysis

Debt Level: FOOT B's debt to equity ratio (131.8%) is considered high.

Reducing Debt: FOOT B's debt to equity ratio has increased from 11.1% to 131.8% over the past 5 years.


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: Insufficient data to determine if FOOT B has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FOOT B has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FOOT 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 FOOT 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 FOOT B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FOOT B'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 FOOT 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?

7.0yrs

Average management tenure


CEO

Daniel Mühlbach (46yo)

10.5yrs

Tenure

Mr. Daniel Mühlbach is the Founder, Chief Executive Officer and Managing Director of Footway Group AB. Mr. Mühlbach served as the Chief Executive Officer of LensLogistics AB (formerly, Lensway AB), a subsi ...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Mühlbach
MD, CEO & Director10.5yrsno data12.61% SEK144.9m
Per Jalvemyr
Chief Financial Officer6.5yrsno datano data
Oskar Mühlbach
Head of Customer and Communications6.25yrsno datano data
Mikael Eriksson
Head of IT and Development7.5yrsno datano data
Pär Mosegaard
Head of Product and Sales5.83yrsno datano data
Louise Liljedahl
Head of Human Resources10.5yrsno datano data

7.0yrs

Average Tenure

Experienced Management: FOOT B's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Mühlbach
MD, CEO & Director10.5yrsno data12.61% SEK144.9m
Tore Tolke
Board Member3.5yrsno datano data
Sanna Suvanto-Harsaae
Chairman of the Board5.25yrsno datano data
Mia Arnhult
Director6.5yrsno datano data
Helene Willberg
Board Member1.75yrsno datano data
Patrik Hedelin
Director5.25yrsno datano data
Jakob Mörndal
Director1.17yrsno datano data

4.4yrs

Average Tenure

50.5yo

Average Age

Experienced Board: FOOT B's board of directors are considered experienced (4.4 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 been diluted in the past year, with total shares outstanding growing by 16%.


Top Shareholders

Company Information

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


Key Information

  • Name: Footway Group AB (publ)
  • Ticker: FOOT B
  • Exchange: OM
  • Founded:
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: kr1.149b
  • Shares outstanding: 73.17m
  • Website: https://www.footway.se

Location

  • Footway Group AB (publ)
  • Victoria Tower
  • Floor 31
  • Kista
  • Stockholm County
  • 164 40
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FOOT PREFOM (OMX Nordic Exchange Stockholm)Class A SharesSESEKJul 2015
FOOT BOM (OMX Nordic Exchange Stockholm)YesSeries B Common StockSESEKDec 2018

Biography

Footway Group AB (publ) operates an online shoe store. The company is headquartered in Kista, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/15 20:52
End of Day Share Price2020/07/15 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.