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ANOD

Addnode GroupOM:ANOD B Stock Report

Market Cap

kr11.7b

7D

-11.1%

1Y

44.1%

Updated

26 Nov, 2021

Data

Company Financials +
ANOD B fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends3/6

ANOD B Stock Overview

Addnode Group AB (publ) provides software and services for the design, construction, and product data information.

Addnode Group Competitors

International Business Machines

NYSE:IBM

US$103.9b

Trimble

NasdaqGS:TRMB

US$20.9b

TietoEVRY Oyj

HLSE:TIETO

€3.0b

Formpipe Software

OM:FPIP

kr2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Addnode Group
Historical stock prices
Current Share Pricekr348.00
52 Week Highkr460.00
52 Week Lowkr226.50
Beta1.05
1 Month Change0.29%
3 Month Change-8.90%
1 Year Change44.10%
3 Year Change229.86%
5 Year Change513.22%
Change since IPO-89.19%

Recent News & Updates

Oct 16
Addnode Group (STO:ANOD B) May Have Issues Allocating Its Capital

Addnode Group (STO:ANOD B) May Have Issues Allocating Its Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Sep 13
Is Addnode Group (STO:ANOD B) Using Too Much Debt?

Is Addnode Group (STO:ANOD B) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Aug 31
Here's Why We Think Addnode Group (STO:ANOD B) Is Well Worth Watching

Here's Why We Think Addnode Group (STO:ANOD B) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

ANOD BSE ITSE Market
7D-11.1%-6.4%-5.2%
1Y44.1%42.3%27.1%

Return vs Industry: ANOD B underperformed the Swedish IT industry which returned 46.7% over the past year.

Return vs Market: ANOD B exceeded the Swedish Market which returned 33.1% over the past year.

Price Volatility

Is ANOD B's price volatile compared to industry and market?
ANOD B volatility
ANOD B Average Weekly Movement6.9%
IT Industry Average Movement6.0%
Market Average Movement6.4%
10% most volatile stocks in SE Market12.0%
10% least volatile stocks in SE Market3.7%

Stable Share Price: ANOD B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ANOD B's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,911Johan Anderssonhttps://www.addnodegroup.com

Addnode Group AB (publ) provides software and services for the design, construction, and product data information. It operates through Design Management, Product Lifecycle Management (PLM), and Process Management divisions. The Design Management division provides software and services for 3D design, building information modelling, and simulation to engineers and architects in construction and real estate sectors, as well as manufacturing and marine industries.

Addnode Group Fundamentals Summary

How do Addnode Group's earnings and revenue compare to its market cap?
ANOD B fundamental statistics
Market Capkr11.70b
Earnings (TTM)kr198.00m
Revenue (TTM)kr3.88b

59.1x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANOD B income statement (TTM)
Revenuekr3.88b
Cost of Revenuekr3.10b
Gross Profitkr784.00m
Expenseskr586.00m
Earningskr198.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 04, 2022

Earnings per share (EPS)5.89
Gross Margin20.19%
Net Profit Margin5.10%
Debt/Equity Ratio40.1%

How did ANOD B perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

42%

Payout Ratio

Valuation

Is Addnode Group undervalued compared to its fair value and its price relative to the market?

59.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ANOD B (SEK348) is trading above our estimate of fair value (SEK162.28)

Significantly Below Fair Value: ANOD B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ANOD B is poor value based on its PE Ratio (59.1x) compared to the Swedish IT industry average (23.7x).

PE vs Market: ANOD B is poor value based on its PE Ratio (59.1x) compared to the Swedish market (24.1x).


Price to Earnings Growth Ratio

PEG Ratio: ANOD B is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: ANOD B is overvalued based on its PB Ratio (7.1x) compared to the SE IT industry average (4.1x).


Future Growth

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

24.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANOD B's forecast earnings growth (24.2% per year) is above the savings rate (0.3%).

Earnings vs Market: ANOD B's earnings (24.2% per year) are forecast to grow faster than the Swedish market (3.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ANOD B's revenue (12.7% per year) is forecast to grow faster than the Swedish market (5.3% per year).

High Growth Revenue: ANOD B's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ANOD B's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Addnode Group performed over the past 5 years?

16.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANOD B has high quality earnings.

Growing Profit Margin: ANOD B's current net profit margins (5.1%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: ANOD B's earnings have grown by 16.7% per year over the past 5 years.

Accelerating Growth: ANOD B's earnings growth over the past year (25.3%) exceeds its 5-year average (16.7% per year).

Earnings vs Industry: ANOD B earnings growth over the past year (25.3%) exceeded the IT industry 17.6%.


Return on Equity

High ROE: ANOD B's Return on Equity (11.9%) is considered low.


Financial Health

How is Addnode Group's financial position?


Financial Position Analysis

Short Term Liabilities: ANOD B's short term assets (SEK1.1B) do not cover its short term liabilities (SEK1.3B).

Long Term Liabilities: ANOD B's short term assets (SEK1.1B) exceed its long term liabilities (SEK879.0M).


Debt to Equity History and Analysis

Debt Level: ANOD B's net debt to equity ratio (23.2%) is considered satisfactory.

Reducing Debt: ANOD B's debt to equity ratio has increased from 0.2% to 40.1% over the past 5 years.

Debt Coverage: ANOD B's debt is well covered by operating cash flow (54.2%).

Interest Coverage: ANOD B's interest payments on its debt are well covered by EBIT (16.2x coverage).


Balance Sheet


Dividend

What is Addnode Group current dividend yield, its reliability and sustainability?

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANOD B's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.92%).

High Dividend: ANOD B's dividend (0.72%) is low compared to the top 25% of dividend payers in the Swedish market (3.58%).


Stability and Growth of Payments

Stable Dividend: ANOD B's dividend payments have been volatile in the past 10 years.

Growing Dividend: ANOD B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.3%), ANOD B's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ANOD B's dividends in 3 years are forecast to be well covered by earnings (38.6% payout ratio).


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Johan Andersson (47 yo)

4.5yrs

Tenure

kr5,331,000

Compensation

Mr. Johan Andersson has been the Chief Executive Officer and President of Addnode Group AB (publ) since May 4, 2017. Mr. Andersson served as the Chief Financial Officer of Addnode Group AB (publ) since Jan...


CEO Compensation Analysis

Compensation vs Market: Johan's total compensation ($USD585.36K) is below average for companies of similar size in the Swedish market ($USD862.00K).

Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANOD B's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: ANOD B's board of directors are considered experienced (9.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ANOD B insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Addnode Group AB (publ)
  • Ticker: ANOD B
  • Exchange: OM
  • Founded: NaN
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: kr11.704b
  • Shares outstanding: 33.63m
  • Website: https://www.addnodegroup.com

Number of Employees


Location

  • Addnode Group AB (publ)
  • Hudiksvallsgatan 4B
  • Stockholm
  • Stockholm County
  • 113 30
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 21:19
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.