| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
PREV B Stock Overview
Prevas AB provides technical consultancy services in Sweden.
Prevas Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr109.40 |
| 52 Week High | kr133.60 |
| 52 Week Low | kr85.40 |
| Beta | 1.58 |
| 1 Month Change | -6.01% |
| 3 Month Change | -4.04% |
| 1 Year Change | 22.24% |
| 3 Year Change | 329.02% |
| 5 Year Change | 511.17% |
| Change since IPO | 49.86% |
Recent News & Updates
We Think Prevas (STO:PREV B) Can Manage Its Debt With Ease
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| PREV B | SE IT | SE Market | |
|---|---|---|---|
| 7D | -0.5% | 1.7% | 2.3% |
| 1Y | 22.2% | -18.9% | -21.8% |
Return vs Industry: PREV B exceeded the Swedish IT industry which returned -18.9% over the past year.
Return vs Market: PREV B exceeded the Swedish Market which returned -21.8% over the past year.
Price Volatility
| PREV B volatility | |
|---|---|
| PREV B Average Weekly Movement | 7.0% |
| IT Industry Average Movement | 6.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in SE Market | 12.6% |
| 10% least volatile stocks in SE Market | 4.5% |
Stable Share Price: PREV 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: PREV B's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 843 | Johan Strid | https://www.prevas.com |
Prevas AB provides technical consultancy services in Sweden. The company provides embedded systems and intelligent sensors, industrial Linux, Internet of Things, medical technology products, products and platform based solutions, product life cycle management solutions, and systems for aftermarket and field service, as well as test system design services. It also offers automation and robot, enterprise asset management, enterprise manufacturing intelligence, production improvement, and industrial digitalization solutions, as well as manufacturing execution systems and industrial IT products.
Prevas Fundamentals Summary
| PREV B fundamental statistics | |
|---|---|
| Market Cap | kr1.39b |
| Earnings (TTM) | kr122.40m |
| Revenue (TTM) | kr1.22b |
11.4x
P/E Ratio1.1x
P/S RatioIs PREV B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PREV B income statement (TTM) | |
|---|---|
| Revenue | kr1.22b |
| Cost of Revenue | kr726.35m |
| Gross Profit | kr497.29m |
| Other Expenses | kr374.89m |
| Earnings | kr122.40m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.61 |
| Gross Margin | 40.64% |
| Net Profit Margin | 10.00% |
| Debt/Equity Ratio | 19.5% |
How did PREV B perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield36%
Payout RatioValuation
Is PREV B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 PREV B?
Other financial metrics that can be useful for relative valuation.
| What is PREV B's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | kr1.39b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.2x |
| Enterprise Value/EBITDA | 7.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does PREV B's PE Ratio compare to its peers?
| PREV B PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 15.7x | ||
SOF B Softronic | 15.9x | n/a | kr1.3b |
B3 B3 Consulting Group | 14.7x | -36.5% | kr1.2b |
ENEA Enea | 16.1x | 0.8% | kr2.3b |
PACT Proact IT Group | 16x | 10.3% | kr2.4b |
PREV B Prevas | 11.4x | n/a | kr1.4b |
Price-To-Earnings vs Peers: PREV B is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (15.7x).
Price to Earnings Ratio vs Industry
How does PREV B's PE Ratio compare vs other companies in the European IT Industry?
Price-To-Earnings vs Industry: PREV B is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Swedish IT industry average (16x)
Price to Earnings Ratio vs Fair Ratio
What is PREV B'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PREV B's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of PREV B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PREV B (SEK109.4) is trading below our estimate of fair value (SEK318.9)
Significantly Below Fair Value: PREV B is trading below fair value by more than 20%.
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 Prevas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
15.2%
Forecasted Software 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 Prevas 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
- Examine whether Prevas is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Prevas competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Prevas performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
57.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PREV B has high quality earnings.
Growing Profit Margin: PREV B's current net profit margins (10%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: PREV B has become profitable over the past 5 years, growing earnings by 57.7% per year.
Accelerating Growth: PREV B's earnings growth over the past year (114.1%) exceeds its 5-year average (57.7% per year).
Earnings vs Industry: PREV B earnings growth over the past year (114.1%) exceeded the IT industry 40%.
Return on Equity
High ROE: PREV B's Return on Equity (24.4%) is considered high.
Discover strong past performing companies
Financial Health
How is Prevas's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PREV B's short term assets (SEK437.2M) exceed its short term liabilities (SEK293.3M).
Long Term Liabilities: PREV B's short term assets (SEK437.2M) exceed its long term liabilities (SEK97.5M).
Debt to Equity History and Analysis
Debt Level: PREV B's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: PREV B's debt to equity ratio has reduced from 32.2% to 19.5% over the past 5 years.
Debt Coverage: PREV B's debt is well covered by operating cash flow (142.5%).
Interest Coverage: PREV B earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Prevas's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PREV B's dividend (3.2%) is higher than the bottom 25% of dividend payers in the Swedish market (1.43%).
High Dividend: PREV B's dividend (3.2%) is low compared to the top 25% of dividend payers in the Swedish market (5.3%).
Stability and Growth of Payments
Stable Dividend: PREV B's dividend payments have been volatile in the past 10 years.
Growing Dividend: PREV B's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), PREV B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.5%), PREV B's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Johan Strid (51 yo)
4.58yrs
Tenure
kr4,566,000
Compensation
Mr. Johan Strid has been Chief Executive Officer and President of Prevas AB since 2018. Mr. Strid has been a Director of Avensia AB (publ) since 2022. He served as an Executive Vice President of Knowit Sol...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Johan's total compensation is reasonable compared to companies of similar size in the Swedish market.
Compensation vs Earnings: Johan's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: PREV B's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: PREV B's board of directors are not considered experienced ( 2.3 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: 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Prevas AB's employee growth, exchange listings and data sources
Key Information
- Name: Prevas AB
- Ticker: PREV B
- Exchange: OM
- Founded: 1985
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: kr1.393b
- Shares outstanding: 12.74m
- Website: https://www.prevas.com
Number of Employees
Location
- Prevas AB
- Legeringsgatan 18
- Västerås
- Västmanland County
- 721 30
- Sweden
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/15 00:00 |
| End of Day Share Price | 2022/08/15 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.