Ework Group AB (publ) operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Finland, Denmark, and Norway.
Undervalued with reasonable growth potential and pays a dividend.
Share Price & News
How has Ework Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EWRK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EWRK underperformed the Swedish IT industry which returned -27.8% over the past year.
Return vs Market: EWRK underperformed the Swedish Market which returned -12.2% over the past year.
Price Volatility Vs. Market
How volatile is Ework Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Kind Of Shareholders Own Ework Group AB (publ) (STO:EWRK)?
3 weeks ago | Simply Wall StDoes Ework Group AB (publ)'s (STO:EWRK) P/E Ratio Signal A Buying Opportunity?
1 month ago | Simply Wall StWhat Is Ework Group AB (publ)'s (STO:EWRK) Share Price Doing?
Is Ework Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EWRK (SEK57.2) is trading below our estimate of fair value (SEK126.79)
Significantly Below Fair Value: EWRK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EWRK is good value based on its PE Ratio (13.1x) compared to the IT industry average (14.9x).
PE vs Market: EWRK is good value based on its PE Ratio (13.1x) compared to the Swedish market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: EWRK is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: EWRK is overvalued based on its PB Ratio (6.2x) compared to the SE IT industry average (2.3x).
How is Ework Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EWRK's forecast earnings growth (15.9% per year) is above the savings rate (-0.4%).
Earnings vs Market: EWRK's earnings (15.9% per year) are forecast to grow faster than the Swedish market (8% per year).
High Growth Earnings: EWRK's earnings are forecast to grow, but not significantly.
Revenue vs Market: EWRK's revenue (7.7% per year) is forecast to grow faster than the Swedish market (4.1% per year).
High Growth Revenue: EWRK's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EWRK's Return on Equity is forecast to be very high in 3 years time (56.5%).
How has Ework Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EWRK has high quality earnings.
Growing Profit Margin: EWRK's current net profit margins (0.6%) are lower than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: EWRK's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: EWRK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EWRK had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the IT industry average (4.1%).
Return on Equity
High ROE: Whilst EWRK's Return on Equity (47.62%) is outstanding, this metric is skewed due to their high level of debt.
How is Ework Group's financial position?
Financial Position Analysis
Short Term Liabilities: EWRK's short term assets (SEK3.7B) exceed its short term liabilities (SEK3.7B).
Long Term Liabilities: EWRK's short term assets (SEK3.7B) exceed its long term liabilities (SEK27.7M).
Debt to Equity History and Analysis
Debt Level: EWRK's debt to equity ratio (347.9%) is considered high.
Reducing Debt: Insufficient data to determine if EWRK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EWRK's debt is not well covered by operating cash flow (4%).
Interest Coverage: EWRK's interest payments on its debt are well covered by EBIT (9.5x coverage).
Inventory Level: EWRK has a low level of unsold assets or inventory.
Debt Coverage by Assets: EWRK's debt is covered by short term assets (assets are 6.8x debt).
What is Ework Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EWRK's dividend (7.87%) is higher than the bottom 25% of dividend payers in the Swedish market (1.99%).
High Dividend: EWRK's dividend (7.87%) is in the top 25% of dividend payers in the Swedish market (6.49%)
Stability and Growth of Payments
Stable Dividend: EWRK's dividend payments have been volatile in the past 10 years.
Growing Dividend: EWRK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (103%), EWRK's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EWRK's dividends in 3 years are forecast to be covered by earnings (83.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zoran Covic (46yo)
Mr. Zoran Covic has been the Chief Executive Officer of eWork Group AB (publ) March 17, 2014 and served as its President. Mr. Covic served as a Manager of Malmö and Copenhagen Operations at eWork Scandinav ...
CEO Compensation Analysis
Compensation vs Market: Zoran's total compensation ($USD350.14K) is above average for companies of similar size in the Swedish market ($USD210.15K).
Compensation vs Earnings: Zoran's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||6.08yrs||kr3.56m||0.58% SEK5.7m|
|Deputy CEO||0.50yr||kr4.41m||0.47% SEK4.7m|
|Founder & Director||20.25yrs||no data||0.058% SEK572.0k|
|Chief Financial Officer||1.25yrs||no data||no data|
|Sales & Marketing Director||7.42yrs||no data||0.096% SEK946.7k|
|People Operation Director||4.25yrs||no data||no data|
|Chief Digital Officer||no data||no data||no data|
|Managing Director of Poland||no data||no data||no data|
|Managing Director of Denmark||no data||no data||no data|
|Managing Director of Ework Norge AS||0.58yr||no data||no data|
Experienced Management: EWRK's management team is considered experienced (4.3 years average tenure).
|Founder & Director||20.25yrs||no data||0.058% SEK572.0k|
|Independent Director||16.25yrs||no data||0.78% SEK7.7m|
|Independent Director||8.25yrs||no data||0.023% SEK228.8k|
|Independent Director||6.25yrs||no data||0.61% SEK6.0m|
|Independent Director||4.25yrs||no data||0.012% SEK114.4k|
|Independent Director||6.25yrs||no data||no data|
Experienced Board: EWRK's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EWRK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ework Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Ework Group AB (publ)
- Ticker: EWRK
- Exchange: OM
- Founded: 2000
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: kr986.109m
- Shares outstanding: 17.24m
- Website: https://www.eworkgroup.com
Number of Employees
- Ework Group AB (publ)
- Mäster Samuelsgatan 60
- 111 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EWRK||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||May 2008|
|0MCB||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||May 2008|
|EWRKS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||May 2008|
Ework Group AB (publ) operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Finland, Denmark, and Norway. The company was formerly known as eWork Scandinavia AB (publ) and changed its name to Ework Group AB (publ) in May 2016. Ework Group AB (publ) was founded in 2000 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 03:03|
|End of Day Share Price||2020/04/03 00:00|
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.