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VADS

Vadsbo SwitchTech Group NGM:VADS Stock Report

Last Price

kr3.80

Market Cap

kr65.9m

7D

0.8%

1Y

2.7%

Updated

14 Aug, 2022

Data

Company Financials
VADS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

VADS Stock Overview

Vadsbo SwitchTech Group AB (publ), a technology company, develops and supplies products, solutions, and services to the lighting industry.

Vadsbo SwitchTech Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vadsbo SwitchTech Group
Historical stock prices
Current Share Pricekr3.80
52 Week Highkr7.90
52 Week Lowkr2.36
Beta1.21
1 Month Change15.85%
3 Month Change10.47%
1 Year Change2.70%
3 Year Change2.70%
5 Year Change-55.29%
Change since IPO6.15%

Recent News & Updates

Shareholder Returns

VADSSE SemiconductorSE Market
7D0.8%1.7%2.3%
1Y2.7%-46.6%-21.8%

Return vs Industry: VADS exceeded the Swedish Semiconductor industry which returned -46.6% over the past year.

Return vs Market: VADS exceeded the Swedish Market which returned -21.8% over the past year.

Price Volatility

Is VADS's price volatile compared to industry and market?
VADS volatility
VADS Average Weekly Movement20.3%
Semiconductor Industry Average Movement7.6%
Market Average Movement7.2%
10% most volatile stocks in SE Market12.6%
10% least volatile stocks in SE Market4.5%

Stable Share Price: VADS is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: VADS's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
199613Henrik Lönnerhttps://www.vadsboswitchtechgroup.se

Vadsbo SwitchTech Group AB (publ), a technology company, develops and supplies products, solutions, and services to the lighting industry. It offers control and lighting control products in the LED lighting segment. The company was founded in 1996 and is based in Västra Frölunda, Sweden.

Vadsbo SwitchTech Group Fundamentals Summary

How do Vadsbo SwitchTech Group's earnings and revenue compare to its market cap?
VADS fundamental statistics
Market Capkr65.91m
Earnings (TTM)kr1.08m
Revenue (TTM)kr38.12m

60.9x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VADS income statement (TTM)
Revenuekr38.12m
Cost of Revenuekr20.95m
Gross Profitkr17.17m
Other Expenseskr16.09m
Earningskr1.08m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.062
Gross Margin45.04%
Net Profit Margin2.84%
Debt/Equity Ratio65.4%

How did VADS perform over the long term?

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

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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 VADS?

Other financial metrics that can be useful for relative valuation.

VADS 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/Revenue1.9x
Enterprise Value/EBITDA32.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does VADS's PE Ratio compare to its peers?

VADS PE Ratio vs Peers
The above table shows the PE ratio for VADS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.3x
6545 Sync Power
39.9xn/aNT$237.4m
3603 UC&GN International
8.4xn/aNT$209.7m
P4O Plan Optik
11.2xn/a€7.7m
MEMS MEMSCAP
109.6xn/a€9.0m
VADS Vadsbo SwitchTech Group
60.9xn/akr65.9m

Price-To-Earnings vs Peers: VADS is expensive based on its Price-To-Earnings Ratio (60.9x) compared to the peer average (42.3x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: VADS is expensive based on its Price-To-Earnings Ratio (60.9x) compared to the European Semiconductor industry average (25.3x)


Price to Earnings Ratio vs Fair Ratio

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

VADS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio60.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VADS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate VADS'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 Vadsbo SwitchTech 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


18.4%

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 Vadsbo SwitchTech 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 VADS’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 Vadsbo SwitchTech Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VADS has high quality earnings.

Growing Profit Margin: VADS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: VADS has become profitable over the past 5 years, growing earnings by 3.6% per year.

Accelerating Growth: VADS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VADS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (59.9%).


Return on Equity

High ROE: VADS's Return on Equity (11.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Vadsbo SwitchTech Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VADS's short term assets (SEK13.4M) exceed its short term liabilities (SEK8.7M).

Long Term Liabilities: VADS's short term assets (SEK13.4M) exceed its long term liabilities (SEK1.5M).


Debt to Equity History and Analysis

Debt Level: VADS's net debt to equity ratio (65.4%) is considered high.

Reducing Debt: VADS's debt to equity ratio has increased from 33% to 65.4% over the past 5 years.

Debt Coverage: VADS's debt is not well covered by operating cash flow (6.9%).

Interest Coverage: VADS's interest payments on its debt are well covered by EBIT (7.4x coverage).


Balance Sheet


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Dividend

What is Vadsbo SwitchTech 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 VADS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VADS'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 VADS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VADS'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 VADS has not reported any payouts.


Discover strong dividend paying companies

Management

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

6.6yrs

Average board tenure


CEO

Henrik Lönner (41 yo)

5yrs

Tenure

Mr. Henrik Lönner has been Chief Executive Officer at Vadsbo SwitchTech Group AB (publ) since August 2017. He serves as Chief Executive Officer and Sales Manager at Vadsbo Transformatorer AB. Mr. Lönner se...


Board Members

Experienced Board: VADS's board of directors are considered experienced (6.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

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


Key Information

  • Name: Vadsbo SwitchTech Group AB (publ)
  • Ticker: VADS
  • Exchange: NGM
  • Founded: 1996
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: kr65.906m
  • Shares outstanding: 17.34m
  • Website: https://www.vadsboswitchtechgroup.se

Number of Employees


Location

  • Vadsbo SwitchTech Group AB (publ)
  • Hilma Anderssons gata 15
  • Västra Frölunda
  • Västra Götaland County
  • 421 31
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
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.