OM:BIM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

BIMobject AB operates a cloud based content platform for the construction industry worldwide. More Details


Snowflake Analysis

High growth potential with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

7.4%

BIM

14.1%

SE Software

0.7%

SE Market


1 Year Return

45.6%

BIM

159.1%

SE Software

17.7%

SE Market

Return vs Industry: BIM underperformed the Swedish Software industry which returned 168.9% over the past year.

Return vs Market: BIM exceeded the Swedish Market which returned 19.6% over the past year.


Shareholder returns

BIMIndustryMarket
7 Day7.4%14.1%0.7%
30 Day-6.5%27.5%9.5%
90 Day-28.7%23.3%9.3%
1 Year45.6%45.6%160.3%159.1%19.6%17.7%
3 Year5.8%5.8%320.8%291.7%43.3%27.7%
5 Year252.7%252.7%568.3%497.5%69.2%36.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

48.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BIM (SEK14.02) is trading below our estimate of fair value (SEK27.46)

Significantly Below Fair Value: BIM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BIM is unprofitable, so we can't compare its PE Ratio to the SE Software industry average.

PE vs Market: BIM is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BIM is good value based on its PB Ratio (5x) compared to the SE Software industry average (6.3x).


Next Steps

Future Growth

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

115.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BIM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

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

High Growth Earnings: BIM's is expected to become profitable in the next 3 years.

Revenue vs Market: BIM's revenue (25.4% per year) is forecast to grow faster than the Swedish market (3.4% per year).

High Growth Revenue: BIM's revenue (25.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BIM's Return on Equity is forecast to be low in 3 years time (6%).


Next Steps

Past Performance

How has BIMobject performed over the past 5 years?

-28.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIM is currently unprofitable.

Growing Profit Margin: BIM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BIM is unprofitable, and losses have increased over the past 5 years at a rate of 28.9% per year.

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

Earnings vs Industry: BIM is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).


Return on Equity

High ROE: BIM has a negative Return on Equity (-25.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is BIMobject's financial position?


Financial Position Analysis

Short Term Liabilities: BIM's short term assets (SEK444.1M) exceed its short term liabilities (SEK87.3M).

Long Term Liabilities: BIM's short term assets (SEK444.1M) exceed its long term liabilities (SEK14.0M).


Debt to Equity History and Analysis

Debt Level: BIM's debt to equity ratio (1.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BIM'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: BIM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BIM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is BIMobject current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BIM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BIM's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Carl Silbersky (45 yo)

1.17yrs

Tenure

kr622,000

Compensation

Mr. Carl Silbersky serves as Chief Executive Officer at BIMobject AB since October 29, 2019 and served as Senior Vice President Corporate Development and Head of M&A since 2018 until October 29, 2019. He s...


CEO Compensation Analysis

Compensation vs Market: Carl's total compensation ($USD73.13K) is below average for companies of similar size in the Swedish market ($USD427.69K).

Compensation vs Earnings: Insufficient data to compare Carl's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Carl Silbersky
Chief Executive Officer1.17yrskr622.00k0.91%
SEK 18.0m
Alexander Dahlquist
Chief Financial Officer1.58yrsno data0.018%
SEK 356.4k
David Kullander
Chief Marketing Officer0.92yrno data0.065%
SEK 1.3m
Lotta Askerlund
Global HR Directorno datano data0.13%
SEK 2.5m
Johannes Reischböck
Senior VP & MD of BIMobject Germany1.08yrsno data1.87%
SEK 37.2m
David Jellings
Managing Director for UK4.58yrsno datano data
Christophe Carvenius
Chief Product Officer1.08yrsno data0.0081%
SEK 161.1k
Martin Schnitzer
Business Partner6.75yrsno datano data

1.2yrs

Average Tenure

45yo

Average Age

Experienced Management: BIM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Stefan Larsson
Founder & Director9.92yrskr270.00k6.38%
SEK 126.8m
Phillippe Butty
Independent Director9.92yrskr133.00k2.51%
SEK 49.8m
Johan Svanström
Independent Chairman of the Board0.50yrno data0.48%
SEK 9.5m
Sara Borsvik
Director0.50yrno datano data
Peter Bang
Director0.50yrno datano data

0.5yrs

Average Tenure

54yo

Average Age

Experienced Board: BIM's board of directors are not considered experienced ( 0.5 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: BIM 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 15.8%.


Top Shareholders

Company Information

BIMobject AB's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BIMobject AB
  • Ticker: BIM
  • Exchange: OM
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: kr1.987b
  • Shares outstanding: 139.32m
  • Website: https://www.bimobject.com

Number of Employees


Location

  • BIMobject AB
  • STUDIO
  • Nordenskiöldsgatan 24
  • Malmö
  • Skåne County
  • 211 19
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIMOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKJan 2014
BOJBDB (Deutsche Boerse AG)YesShare CapitalDEEURJan 2014
0GFWLSE (London Stock Exchange)YesShare CapitalGBSEKJan 2014

Biography

BIMobject AB operates a cloud based content platform for the construction industry worldwide. It offers BIMobject Cloud, an Internet based central database that holds various BIM objects information and BI...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 18:37
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.