Executive Summary
Alcadon Group AB (publ) engages in the data and telecommunications business in Sweden. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with solid track record.
Share Price & News
How has Alcadon Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALCA is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ALCA's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
11.8%
ALCA
-1.3%
SE Electronic
-0.4%
SE Market
1 Year Return
77.0%
ALCA
36.7%
SE Electronic
13.2%
SE Market
Return vs Industry: ALCA exceeded the Swedish Electronic industry which returned 36.7% over the past year.
Return vs Market: ALCA exceeded the Swedish Market which returned 13.2% over the past year.
Shareholder returns
| ALCA | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.8% | -1.3% | -0.4% |
| 30 Day | 28.2% | 3.4% | 3.6% |
| 90 Day | 20.5% | 11.6% | 7.5% |
| 1 Year | 77.0%77.0% | 38.0%36.7% | 16.3%13.2% |
| 3 Year | -14.8%-17.2% | 71.5%65.3% | 45.1%27.8% |
| 5 Year | n/a | 124.2%108.9% | 83.9%44.8% |
Long-Term Price Volatility Vs. Market
How volatile is Alcadon Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Is Now The Time To Look At Buying Alcadon Group AB (publ) (STO:ALCA)?1 month ago | Simply Wall St
Declining Stock and Decent Financials: Is The Market Wrong About Alcadon Group AB (publ) (STO:ALCA)?1 month ago | Simply Wall St
We Think Alcadon Group (STO:ALCA) Can Stay On Top Of Its DebtValuation
Is Alcadon Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALCA (SEK32.3) is trading below our estimate of fair value (SEK72.03)
Significantly Below Fair Value: ALCA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALCA is good value based on its PE Ratio (21.1x) compared to the SE Electronic industry average (36.5x).
PE vs Market: ALCA is good value based on its PE Ratio (21.1x) compared to the Swedish market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: ALCA is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: ALCA is good value based on its PB Ratio (2.4x) compared to the SE Electronic industry average (4.3x).
Next Steps
Future Growth
How is Alcadon Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
37.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALCA's forecast earnings growth (37% per year) is above the savings rate (0.4%).
Earnings vs Market: ALCA's earnings (37% per year) are forecast to grow faster than the Swedish market (11.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALCA's revenue (13.4% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: ALCA's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALCA's Return on Equity is forecast to be low in 3 years time (18.3%).
Next Steps
Past Performance
How has Alcadon Group performed over the past 5 years?
1.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALCA has high quality earnings.
Growing Profit Margin: ALCA's current net profit margins (5.4%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: ALCA's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: ALCA's earnings growth over the past year (4.8%) exceeds its 5-year average (1.3% per year).
Earnings vs Industry: ALCA earnings growth over the past year (4.8%) exceeded the Electronic industry -1.5%.
Return on Equity
High ROE: ALCA's Return on Equity (11.3%) is considered low.
Next Steps
Financial Health
How is Alcadon Group's financial position?
Financial Position Analysis
Short Term Liabilities: ALCA's short term assets (SEK157.4M) do not cover its short term liabilities (SEK228.6M).
Long Term Liabilities: ALCA's short term assets (SEK157.4M) exceed its long term liabilities (SEK28.9M).
Debt to Equity History and Analysis
Debt Level: ALCA's debt to equity ratio (57.8%) is considered high.
Reducing Debt: Insufficient data to determine if ALCA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALCA's debt is well covered by operating cash flow (40.7%).
Interest Coverage: ALCA's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Alcadon Group current dividend yield, its reliability and sustainability?
2.63%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALCA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALCA'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 ALCA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALCA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ALCA is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALCA'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?
1.8yrs
Average management tenure
CEO
Sonny Mirborn (40 yo)
1.5yrs
Tenure
kr2,142,080
Compensation
Sonny Mirborn serves as Chief Executive Officer at Alcadon Group AB (publ). since July 2019 and serves as its Chief Executive Officer of Alcadon AB.
CEO Compensation Analysis
Compensation vs Market: Sonny's total compensation ($USD255.39K) is about average for companies of similar size in the Swedish market ($USD234.61K).
Compensation vs Earnings: Insufficient data to compare Sonny's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer of Alcadon Group & Alcadon AB | 1.5yrs | kr2.14m | no data | |
| Chief Financial Officer | 1.25yrs | no data | 0.047% SEK 249.6k | |
| Sales Manager | 29yrs | no data | 3.09% SEK 16.2m | |
| Chief Sales Officer | 0.58yr | no data | no data | |
| Chief Business Development Officer | 16yrs | no data | no data | |
| Chief Purchasing Officer | 2yrs | no data | no data | |
| Chief Product Officer | 2yrs | no data | 0.35% SEK 1.8m | |
| CEO, President & Director of Alcadon AS (Norway) | no data | no data | 2.47% SEK 13.0m |
1.8yrs
Average Tenure
48.5yo
Average Age
Experienced Management: ALCA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director of Alcadon AS (Norway) | no data | no data | 2.47% SEK 13.0m | |
| Director | 5yrs | kr140.00k | no data | |
| Director | 6yrs | kr240.00k | 3.24% SEK 17.0m | |
| Chairman of the Board | 1yr | kr4.75m | 2.49% SEK 13.1m | |
| Director | 1.67yrs | kr97.00k | 0.0059% SEK 31.2k | |
| Director | 0.67yr | no data | no data |
1.7yrs
Average Tenure
57yo
Average Age
Experienced Board: ALCA's board of directors are not considered experienced ( 1.7 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Alcadon Group AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alcadon Group AB (publ)
- Ticker: ALCA
- Exchange: OM
- Founded: 1988
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: kr526.008m
- Shares outstanding: 16.86m
- Website: https://www.alcadongroup.se
Number of Employees
Location
- Alcadon Group AB (publ)
- Segelbåtsvägen 7
- Stockholm
- Stockholm County
- 112 64
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ALCA | OM (OMX Nordic Exchange Stockholm) | Yes | Common Stock | SE | SEK | Sep 2016 |
Biography
Alcadon Group AB (publ) engages in the data and telecommunications business in Sweden. The company offers passive products, including installation materials, such as fiber and copper cables, sockets, and c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 19:25 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.