Executive Summary
Footway Group AB (publ) operates an online shoe store.
Rewards
Risk Analysis
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 B | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 3.5% | 2.9% |
| 30 Day | 13.8% | 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 Year | n/a | -9.4%-14.4% | 26.0%12.5% |
| 5 Year | n/a | 97.6%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
1 week ago | Simply Wall St
What Kind Of Investors Own Most Of Footway Group AB (publ) (STO:FOOT B)?1 month ago | Simply Wall St
Should Weakness in Footway Group AB (publ)'s (STO:FOOT B) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?2 months ago | Simply Wall St
Does Footway Group AB (publ) (STO:FOOT B) Create Value For Shareholders?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
- 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.
- Explore growth companies in the Retail industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 10.5yrs | no data | 12.61% SEK144.9m | |
| Chief Financial Officer | 6.5yrs | no data | no data | |
| Head of Customer and Communications | 6.25yrs | no data | no data | |
| Head of IT and Development | 7.5yrs | no data | no data | |
| Head of Product and Sales | 5.83yrs | no data | no data | |
| Head of Human Resources | 10.5yrs | no data | no data |
7.0yrs
Average Tenure
Experienced Management: FOOT B's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 10.5yrs | no data | 12.61% SEK144.9m | |
| Board Member | 3.5yrs | no data | no data | |
| Chairman of the Board | 5.25yrs | no data | no data | |
| Director | 6.5yrs | no data | no data | |
| Board Member | 1.75yrs | no data | no data | |
| Director | 5.25yrs | no data | no data | |
| Director | 1.17yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FOOT PREF | OM (OMX Nordic Exchange Stockholm) | Class A Shares | SE | SEK | Jul 2015 | |
| FOOT B | OM (OMX Nordic Exchange Stockholm) | Yes | Series B Common Stock | SE | SEK | Dec 2018 |
Biography
Footway Group AB (publ) operates an online shoe store. The company is headquartered in Kista, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/15 20:52 |
| End of Day Share Price | 2020/07/15 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.