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OBDU

Obducat NGM:OBDU B Stock Report

Last Price

kr1.52

Market Cap

kr231.5m

7D

-0.7%

1Y

-20.0%

Updated

31 Jul, 2022

Data

Company Financials
OBDU B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

OBDU B Stock Overview

Obducat AB (publ) develops and supplies lithography solutions for the use in the production and replication of micro and nano structures worldwide.

Obducat Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Obducat
Historical stock prices
Current Share Pricekr1.52
52 Week Highkr0
52 Week Lowkr0
Beta1.55
1 Month Change20.16%
3 Month Change13.01%
1 Year Change-20.00%
3 Year Change-17.84%
5 Year Change-36.13%
Change since IPO-98.48%

Recent News & Updates

Jun 28
We Think Obducat (NGM:OBDU B) Has A Fair Chunk Of Debt

We Think Obducat (NGM:OBDU B) Has A Fair Chunk Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Mar 15
Is Obducat (NGM:OBDU B) Using Too Much Debt?

Is Obducat (NGM:OBDU B) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Nov 29
Obducat (NGM:OBDU B) Is Carrying A Fair Bit Of Debt

Obducat (NGM:OBDU B) Is Carrying A Fair Bit Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

OBDU BSE SemiconductorSE Market
7D-0.7%4.0%2.8%
1Y-20.0%-52.8%-20.7%

Return vs Industry: OBDU B exceeded the Swedish Semiconductor industry which returned -52.8% over the past year.

Return vs Market: OBDU B matched the Swedish Market which returned -20.7% over the past year.

Price Volatility

Is OBDU B's price volatile compared to industry and market?
OBDU B volatility
OBDU B Average Weekly Movement11.7%
Semiconductor Industry Average Movement11.7%
Market Average Movement7.4%
10% most volatile stocks in SE Market13.0%
10% least volatile stocks in SE Market4.7%

Stable Share Price: OBDU B is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: OBDU B's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
198941Patrik Lundstromhttps://www.obducat.com

Obducat AB (publ) develops and supplies lithography solutions for the use in the production and replication of micro and nano structures worldwide. It offers EITRE, a semi-automated nanoimprint lithography for research and development purposes; SINDRE, a fully automated nanoimprint lithography system for high-volume manufacturing; EITRE Large Substrates, a semi-automated nanoimprint lithography tool for large substrates; and SINDRE Litho Track, a fully integrated nanoimprint lithography system. The company also provides installation, upgradation, remote support, and other support services.

Obducat Fundamentals Summary

How do Obducat's earnings and revenue compare to its market cap?
OBDU B fundamental statistics
Market Capkr231.47m
Earnings (TTM)-kr10.29m
Revenue (TTM)kr52.77m

4.4x

P/S Ratio

-22.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OBDU B income statement (TTM)
Revenuekr52.77m
Cost of Revenuekr22.00m
Gross Profitkr30.77m
Other Expenseskr41.06m
Earnings-kr10.29m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.068
Gross Margin58.32%
Net Profit Margin-19.50%
Debt/Equity Ratio101.1%

How did OBDU B perform over the long term?

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

Valuation

Is OBDU 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 OBDU B?

Other financial metrics that can be useful for relative valuation.

OBDU 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/Revenue4.6x
Enterprise Value/EBITDA-66.9x
PEG Ration/a

Price to Sales Ratio vs Peers

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

OBDU B PS Ratio vs Peers
The above table shows the PS ratio for OBDU B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average14.2x
SMOL Smoltek Nanotech Holding
32.6xn/akr215.8m
MIDS Midsummer
6.7x41.7%kr814.3m
BEAMMW B BeammWave
15.6xn/akr106.9m
VADS Vadsbo SwitchTech Group
1.6xn/akr62.4m
OBDU B Obducat
4.4xn/akr231.5m

Price-To-Sales vs Peers: OBDU B is good value based on its Price-To-Sales Ratio (4.4x) compared to the peer average (14.2x).


Price to Earnings Ratio vs Industry

How does OBDU B's PE Ratio compare vs other companies in the European Semiconductor Industry?

Price-To-Sales vs Industry: OBDU B is good value based on its Price-To-Sales Ratio (4.4x) compared to the Swedish Semiconductor industry average (9.5x)


Price to Sales Ratio vs Fair Ratio

What is OBDU 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.

OBDU B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.4x
Fair PS Ration/a

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


Share Price vs Fair Value

What is the Fair Price of OBDU 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 OBDU B's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate OBDU 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 Obducat 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


18.5%

Forecasted Semiconductors 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 Obducat 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 OBDU 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.

Past Performance

How has Obducat 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


24.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OBDU B is currently unprofitable.

Growing Profit Margin: OBDU B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OBDU B is unprofitable, but has reduced losses over the past 5 years at a rate of 24.9% per year.

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

Earnings vs Industry: OBDU B is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (59.9%).


Return on Equity

High ROE: OBDU B has a negative Return on Equity (-94.73%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Obducat's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: OBDU B's short term assets (SEK33.7M) do not cover its short term liabilities (SEK68.9M).

Long Term Liabilities: OBDU B's short term assets (SEK33.7M) exceed its long term liabilities (SEK2.4M).


Debt to Equity History and Analysis

Debt Level: OBDU B's net debt to equity ratio (82.8%) is considered high.

Reducing Debt: OBDU B's debt to equity ratio has increased from 5.5% to 101.1% 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: OBDU B has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OBDU B has less than a year of cash runway if free cash flow continues to grow at historical rates of 22% each year.


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Dividend

What is Obducat 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 OBDU 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 OBDU 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 OBDU B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OBDU 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 OBDU 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?

1.0yrs

Average board tenure


CEO

Patrik Lundstrom (52 yo)

1

Tenure

kr2,455,000

Compensation

Mr. Patrik Lundstrom serves as President, Chief Executive Officer at Obducat AB (publ) since June 2021 and was its Executive Chairman since May 2018. Mr. Lundström served as Chief Executive Officer at Obd...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Patrik's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Patrik's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: OBDU B's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


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 6.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Obducat AB (publ)
  • Ticker: OBDU B
  • Exchange: NGM
  • Founded: 1989
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: kr231.472m
  • Shares outstanding: 152.28m
  • Website: https://www.obducat.com

Number of Employees


Location

  • Obducat AB (publ)
  • Scheelevägen 2
  • Lund
  • Skåne County
  • 223 63
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/31 00:00
End of Day Share Price2022/07/29 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.