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SIVE

Sivers Semiconductors OM:SIVE Stock Report

Last Price

kr9.95

Market Cap

kr2.2b

7D

-11.6%

1Y

-61.5%

Updated

27 Jun, 2022

Data

Company Financials +
SIVE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SIVE Stock Overview

Sivers Semiconductors AB (publ), through its subsidiaries, develops, manufactures, and sells chips, components, modules, and subsystems in North America, Europe, and Asia.

Sivers Semiconductors Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sivers Semiconductors
Historical stock prices
Current Share Pricekr9.95
52 Week Highkr28.56
52 Week Lowkr6.00
Beta1.23
1 Month Change-17.50%
3 Month Change12.24%
1 Year Change-61.49%
3 Year Change45.04%
5 Year Change153.83%
Change since IPO168.19%

Recent News & Updates

Shareholder Returns

SIVESE SemiconductorSE Market
7D-11.6%-2.5%-1.3%
1Y-61.5%-52.0%-23.6%

Return vs Industry: SIVE underperformed the Swedish Semiconductor industry which returned -52% over the past year.

Return vs Market: SIVE underperformed the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is SIVE's price volatile compared to industry and market?
SIVE volatility
SIVE Average Weekly Movement20.3%
Semiconductor Industry Average Movement7.6%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

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

Volatility Over Time: SIVE's weekly volatility has increased from 13% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951137Anders Stormhttps://www.sivers-semiconductors.com

Sivers Semiconductors AB (publ), through its subsidiaries, develops, manufactures, and sells chips, components, modules, and subsystems in North America, Europe, and Asia. The company operates in two business areas, Wireless and Photonics. It provides products based on semiconductor technology for 5G millimeter-wave networks, as well as optical semiconductors for fiber networks, wireless optical networks, and sensors.

Sivers Semiconductors Fundamentals Summary

How do Sivers Semiconductors's earnings and revenue compare to its market cap?
SIVE fundamental statistics
Market Capkr2.20b
Earnings (TTM)-kr125.80m
Revenue (TTM)kr160.18m

13.2x

P/S Ratio

-16.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIVE income statement (TTM)
Revenuekr160.18m
Cost of Revenuekr34.24m
Gross Profitkr125.94m
Other Expenseskr251.74m
Earnings-kr125.80m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 21, 2022

Earnings per share (EPS)-0.59
Gross Margin78.62%
Net Profit Margin-78.54%
Debt/Equity Ratio1.2%

How did SIVE perform over the long term?

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

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SIVE 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/Revenue13x
Enterprise Value/EBITDA-16.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SIVE's PS Ratio compare to its peers?

SIVE PS Ratio vs Peers
The above table shows the PS ratio for SIVE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average7.5x
BEAMMW B BeammWave
15.3xn/akr104.8m
VADS Vadsbo SwitchTech Group
1.6xn/akr62.1m
CISH Clean Industry Solutions Holding Europe
10.9xn/akr26.8m
IMSYS Imsys
2.1xn/akr41.8m
SIVE Sivers Semiconductors
13.2x55.2%kr2.1b

Price-To-Sales vs Peers: SIVE is expensive based on its Price-To-Sales Ratio (13.2x) compared to the peer average (7.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: SIVE is expensive based on its Price-To-Sales Ratio (13.2x) compared to the Swedish Semiconductor industry average (8.5x)


Price to Sales Ratio vs Fair Ratio

What is SIVE'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.

SIVE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio13.2x
Fair PS Ratio36.1x

Price-To-Sales vs Fair Ratio: SIVE is good value based on its Price-To-Sales Ratio (13.2x) compared to the estimated Fair Price-To-Sales Ratio (35.8x).


Share Price vs Fair Value

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

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

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SIVE's PEG Ratio to determine if it is good value.


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Future Growth

How is Sivers Semiconductors forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


80.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIVE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.3%).

Earnings vs Market: SIVE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SIVE is expected to become profitable in the next 3 years.

Revenue vs Market: SIVE's revenue (55.2% per year) is forecast to grow faster than the Swedish market (5.6% per year).

High Growth Revenue: SIVE's revenue (55.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIVE is forecast to be unprofitable in 3 years.


Discover growth companies

Past Performance

How has Sivers Semiconductors 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


-30.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SIVE is currently unprofitable.

Growing Profit Margin: SIVE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIVE is unprofitable, and losses have increased over the past 5 years at a rate of 30.8% per year.

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

Earnings vs Industry: SIVE is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (86.7%).


Return on Equity

High ROE: SIVE has a negative Return on Equity (-10.39%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Sivers Semiconductors's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SIVE's short term assets (SEK236.7M) exceed its short term liabilities (SEK144.8M).

Long Term Liabilities: SIVE's short term assets (SEK236.7M) exceed its long term liabilities (SEK191.7M).


Debt to Equity History and Analysis

Debt Level: SIVE has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SIVE's debt to equity ratio has reduced 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: SIVE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SIVE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.3% each year


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Dividend

What is Sivers Semiconductors's 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

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SIVE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


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Management

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

3.6yrs

Average management tenure


CEO

Anders Storm (54 yo)

5.83yrs

Tenure

kr4,730,000

Compensation

Mr. Anders Storm has been Chief Operating Officer at Sivers IMA AB since February 2015. Mr. Storm has been Group Chief Executive Officer at Sivers Semiconductors AB (formerly known as Sivers IMA Holding AB...


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD470.31K) is about average for companies of similar size in the Swedish market ($USD423.59K).

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


Leadership Team

Experienced Management: SIVE's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: SIVE's board of directors are not considered experienced ( 2.4 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: SIVE 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 37.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Sivers Semiconductors AB (publ)
  • Ticker: SIVE
  • Exchange: OM
  • Founded: 1951
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: kr2.199b
  • Shares outstanding: 212.85m
  • Website: https://www.sivers-semiconductors.com

Number of Employees


Location

  • Sivers Semiconductors AB (publ)
  • Torshamnsgatan 48
  • 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 Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 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.