company background image
FOOT

Footway Group OM:FOOT B Stock Report

Last Price

kr5.98

Market Cap

kr607.0m

7D

13.3%

1Y

-71.4%

Updated

08 Aug, 2022

Data

Company Financials
FOOT B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

FOOT B Stock Overview

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

Footway Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Footway Group
Historical stock prices
Current Share Pricekr5.98
52 Week Highkr21.20
52 Week Lowkr4.00
Beta0.83
1 Month Change17.72%
3 Month Change-17.40%
1 Year Change-71.39%
3 Year Change-69.49%
5 Year Changen/a
Change since IPO-57.27%

Recent News & Updates

Shareholder Returns

FOOT BSE Online RetailSE Market
7D13.3%-2.7%-2.3%
1Y-71.4%-64.9%-23.1%

Return vs Industry: FOOT B underperformed the Swedish Online Retail industry which returned -64.9% over the past year.

Return vs Market: FOOT B underperformed the Swedish Market which returned -23.1% over the past year.

Price Volatility

Is FOOT B's price volatile compared to industry and market?
FOOT B volatility
FOOT B Average Weekly Movement11.4%
Online Retail Industry Average Movement9.9%
Market Average Movement7.3%
10% most volatile stocks in SE Market12.9%
10% least volatile stocks in SE Market4.6%

Stable Share Price: FOOT B is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: FOOT B's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
201076Daniel Muhlbachhttps://www.footway.com/se

Footway Group AB (publ) operates an online shoe store. The company was incorporated in 2010 and is headquartered in Kista, Sweden.

Footway Group Fundamentals Summary

How do Footway Group's earnings and revenue compare to its market cap?
FOOT B fundamental statistics
Market Capkr606.97m
Earnings (TTM)-kr139.80m
Revenue (TTM)kr1.29b

0.5x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FOOT B income statement (TTM)
Revenuekr1.29b
Cost of Revenuekr871.10m
Gross Profitkr414.30m
Other Expenseskr554.10m
Earnings-kr139.80m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.38
Gross Margin32.23%
Net Profit Margin-10.88%
Debt/Equity Ratio49.0%

How did FOOT B perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is FOOT B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FOOT B?

Other financial metrics that can be useful for relative valuation.

FOOT B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA-11.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does FOOT B's PS Ratio compare to its peers?

FOOT B PS Ratio vs Peers
The above table shows the PS ratio for FOOT B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.5x
HAYPP Haypp Group
0.2x11.0%kr582.0m
PIERCE Pierce Group
0.3x13.7%kr566.7m
URBIT Urb-it
17.2x50.5%kr801.9m
DSNO Desenio Group
0.4x4.7%kr378.1m
FOOT B Footway Group
0.5xn/akr607.0m

Price-To-Sales vs Peers: FOOT B is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (4.5x).


Price to Earnings Ratio vs Industry

How does FOOT B's PE Ratio compare vs other companies in the SE Online Retail Industry?

Price-To-Sales vs Industry: FOOT B is good value based on its Price-To-Sales Ratio (0.5x) compared to the Swedish Online Retail industry average (0.7x)


Price to Sales Ratio vs Fair Ratio

What is FOOT B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FOOT B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate FOOT B's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of FOOT B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate FOOT B's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FOOT B's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


33.8%

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.


Discover growth companies

  • Take a look at our analysis of FOOT B’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Footway Group competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Footway Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-72.7%

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, and losses have increased over the past 5 years at a rate of 72.7% 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 (-14.7%).


Return on Equity

High ROE: FOOT B has a negative Return on Equity (-21.8%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Footway Group's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: FOOT B's short term assets (SEK770.0M) exceed its short term liabilities (SEK597.0M).

Long Term Liabilities: FOOT B has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: FOOT B's net debt to equity ratio (47.3%) is considered high.

Reducing Debt: FOOT B's debt to equity ratio has increased from 1.6% to 49% 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: FOOT B has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FOOT B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.1% each year


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FOOT B has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

9.0yrs

Average management tenure


CEO

Daniel Muhlbach (48 yo)

12.58yrs

Tenure

Mr. Daniel Muhlbach is the Founder, Chief Executive Officer and Managing Director of Footway Group AB. He serves as Managing Director at Sportamore AB (publ). Mr. Muhlbach served as the Chief Executive Off...


Leadership Team

Experienced Management: FOOT B's management team is seasoned and experienced (9 years average tenure).


Board Members

Experienced Board: FOOT B's board of directors are considered experienced (5.6 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 been diluted in the past year, with total shares outstanding growing by 14.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Footway Group AB (publ)
  • Ticker: FOOT B
  • Exchange: OM
  • Founded: 2010
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: kr606.966m
  • Shares outstanding: 101.50m
  • Website: https://www.footway.com/se

Number of Employees


Location

  • Footway Group AB (publ)
  • Victoria Tower
  • Nolsögatan 3
  • Kista
  • Stockholm County
  • 164 40
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.