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Market Cap

kr1.0b

Last Updated

2021/04/19 17:49 UTC

Data Sources

Company Financials +

Executive Summary

Acconeer AB (publ) develops radar sensors. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


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Share Price & News

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


Latest Share Price and Events

Stable Share Price: ACCON is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ACCON's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.


Market Performance


7 Day Return

2.1%

ACCON

3.4%

SE Electronic

2.0%

SE Market


1 Year Return

125.9%

ACCON

90.8%

SE Electronic

61.8%

SE Market

Return vs Industry: ACCON exceeded the Swedish Electronic industry which returned 90.8% over the past year.

Return vs Market: ACCON exceeded the Swedish Market which returned 61.8% over the past year.


Shareholder returns

ACCONIndustryMarket
7 Day2.1%3.4%2.0%
30 Day44.9%13.2%7.0%
90 Day44.9%14.3%16.2%
1 Year125.9%125.9%92.6%90.8%65.8%61.8%
3 Year80.6%80.6%84.9%78.4%74.2%55.6%
5 Yearn/a133.1%119.0%109.4%68.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ACCON's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ACCON's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: ACCON 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 ACCON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ACCON is overvalued based on its PB Ratio (8.2x) compared to the SE Electronic industry average (4.6x).


Future Growth

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

55.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACCON is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

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

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

Revenue vs Market: ACCON's revenue (73.8% per year) is forecast to grow faster than the Swedish market (3.6% per year).

High Growth Revenue: ACCON's revenue (73.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACCON's Return on Equity is forecast to be high in 3 years time (20%)


Past Performance

How has Acconeer performed over the past 5 years?

-35.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACCON is currently unprofitable.

Growing Profit Margin: ACCON is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ACCON is unprofitable, and losses have increased over the past 5 years at a rate of 35.4% per year.

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

Earnings vs Industry: ACCON is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (4.6%).


Return on Equity

High ROE: ACCON has a negative Return on Equity (-51.71%), as it is currently unprofitable.


Financial Health

How is Acconeer's financial position?


Financial Position Analysis

Short Term Liabilities: ACCON's short term assets (SEK97.2M) exceed its short term liabilities (SEK7.9M).

Long Term Liabilities: ACCON has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ACCON is debt free.

Reducing Debt: ACCON has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.


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: ACCON has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ACCON has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 19.7% each year.


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ACCON'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 ACCON'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?

1.4yrs

Average management tenure


CEO

Lars Lindell (57 yo)

6yrs

Tenure

Mr. Lars Lindell serves as the Chief Executive Officer at Acconeer AB. He was the Vice President and General Manager of the interWAVE CDMA product division at interWAVE(R) Communications International. He ...


Leadership Team

Experienced Management: ACCON's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ACCON's board of directors are considered experienced (6.3 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 21.1%.


Top Shareholders

Company Information

Acconeer AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Acconeer AB (publ)
  • Ticker: ACCON
  • Exchange: OM
  • Founded: 2011
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: kr1.042b
  • Shares outstanding: 23.30m
  • Website: https://www.acconeer.com

Number of Employees


Location

  • Acconeer AB (publ)
  • Scheelevägen 27
  • Lund
  • Skåne County
  • 223 63
  • Sweden

Listings


Biography

Acconeer AB (publ) develops radar sensors. It offers A1 radar sensor, a high-precision pulsed short-range radar sensor that is delivered as a one chip system in package solution with embedded radio and ant...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 17:49
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.