OM:QLRO

Stock Analysis Report

Executive Summary

Qliro Group AB (publ) provides digital commerce and related financial services in the Nordic region and internationally.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • Qliro Group is covered by less than 3 analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

OM:QLRO

0.8%

SE Online Retail

2.6%

SE Market


1 Year Return

-22.0%

OM:QLRO

-14.2%

SE Online Retail

-2.6%

SE Market

QLRO underperformed the Online Retail industry which returned -13.6% over the past year.

QLRO underperformed the Market in Sweden which returned -2.1% over the past year.


Share holder returns

QLROIndustryMarket
7 Day-0.6%0.8%2.6%
30 Day-11.4%1.1%-4.7%
90 Day-16.3%-1.1%0.2%
1 Year-22.0%-22.0%-12.0%-14.2%1.6%-2.6%
3 Year-4.3%-4.3%25.2%14.6%25.1%6.3%
5 Year-52.1%-57.9%76.9%67.3%46.5%15.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Qliro Group undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Qliro Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Qliro Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Qliro Group is loss making, we can't compare its value to the Europe Online Retail industry average.

Qliro Group is loss making, we can't compare the value of its earnings to the Sweden market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Qliro Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Qliro Group is good value based on assets compared to the SE Online Retail industry average.


Next Steps

Future Growth

How is Qliro Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

107.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Qliro Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Qliro Group's earnings are expected to grow significantly at over 20% yearly.

Qliro Group's revenue growth is positive but not above the Sweden market average.

Qliro Group's earnings growth is expected to exceed the Sweden market average.

Qliro Group's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Qliro Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Qliro Group performed over the past 5 years?

-22.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Qliro Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Qliro Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Qliro Group's 1-year growth to the Europe Online Retail industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Qliro Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Qliro Group has efficiently used its assets last year compared to the Europe Online Retail industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Qliro Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Qliro Group's financial position?


Financial Position Analysis

Qliro Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Qliro Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Qliro Group's level of debt (45.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (33.3% vs 45.8% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 6.1x debt.


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.

Qliro Group has sufficient cash runway for 2.6 years based on current free cash flow.

Qliro Group has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of -4.5% each year.


Next Steps

Dividend

What is Qliro Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Qliro Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Qliro Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Qliro Group has not reported any payouts.

Unable to verify if Qliro Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Qliro Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Qliro Group's salary, the management and board of directors tenure and is there insider trading?

2.7yrs

Average management tenure


CEO

Marcus Lindqvist (49yo)

3.0yrs

Tenure

kr7,700,000

Compensation

Mr. Marcus Lindqvist serves as Investor Relations Manager at Flow Systems Sweden AB. Mr. Lindqvist has been the Chief Executive Officer and President at Qliro Group AB (publ.) since August 1, 2016. Mr. Lin ...


CEO Compensation Analysis

Marcus's remuneration is higher than average for companies of similar size in Sweden.

Marcus's compensation has increased whilst company is loss making.


Management Age and Tenure

2.7yrs

Average Tenure

45.5yo

Average Age

The tenure for the Qliro Group management team is about average.


Board Age and Tenure

1.8yrs

Average Tenure

46.5yo

Average Age

The average tenure for the Qliro Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Qliro Group individual insiders in the past 3 months.


Recent Insider Transactions

Buykr192,00012 Jul 19
Kristoffer Väliharju
EntityIndividual
Role
Unit CEO
CEO of CDON
Shares16,000
Max Pricekr12.00
Buykr49,03919 Oct 18
Mathias Pedersen
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares4,013
Max Pricekr12.22
Buykr212,45019 Oct 18
Marcus Lindqvist
EntityIndividual
Role
Chief Executive Officer
CEO & President
Shares17,500
Max Pricekr12.14

Ownership Breakdown


Management Team

  • Mathias Pedersen (48yo)

    Chief Financial Officer

    • Tenure: 3.0yrs
  • Niclas Lilja

    Acting Head of Communications & Head of Investor Relations

    • Tenure: 0.0yrs
  • Marcus Lindqvist (49yo)

    CEO & President

    • Tenure: 3.0yrs
    • Compensation: kr7.70m
  • Daniel Sjöström

    Head of People

    • Tenure: 3.9yrs
  • Carl Arnesson (39yo)

    Acting Chief Executive Officer of Gymgrossisten and Chief Financial Officer of Gymgrossisten

    • Tenure: 2.7yrs
  • Anna Sersé (46yo)

    Head of Business Development

    • Tenure: 2.7yrs
  • Carolina Brandtman (45yo)

    CEO of Qliro Financial Services

    • Tenure: 0.7yrs
  • Kristoffer Väliharju (44yo)

    CEO of CDON

    • Tenure: 0.9yrs

Board Members

  • Dan Mytnik (48yo)

    Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: kr500.00k
  • Erika Johnson (49yo)

    Non Executive Director

    • Tenure: 2.3yrs
    • Compensation: kr500.00k
  • Andreas Bernstrom (45yo)

    Non Executive Director

    • Tenure: 1.3yrs
    • Compensation: kr400.00k
  • Christoffer Häggblom (38yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: kr700.00k
  • Lennart Jacobsen (53yo)

    Non Executive Director

    • Tenure: 1.3yrs
    • Compensation: kr600.00k
  • Jessica Thorell (36yo)

    Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: kr400.00k

Company Information

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


Key Information

  • Name: Qliro Group AB (publ)
  • Ticker: QLRO
  • Exchange: OM
  • Founded: 1999
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: kr1.519b
  • Shares outstanding: 149.77m
  • Website: https://www.qlirogroup.com

Number of Employees


Location

  • Qliro Group AB (publ)
  • Sveavägen 151
  • PO Box 195 25
  • Stockholm
  • Stockholm County
  • 104 32
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QLROOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKDec 2010
0O6ZLSE (London Stock Exchange)YesOrdinary SharesGBSEKDec 2010
CD2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2010
QLROsBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBSEKDec 2010

Biography

Qliro Group AB (publ) provides digital commerce and related financial services in the Nordic region and internationally. It operates through three segments: CDON Marketplace, Nelly, and Qliro Financial Ser ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 21:30
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.