OM:ALCA

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Alcadon Group

Executive Summary

Alcadon Group AB (publ) engages in the data and telecommunications business in Sweden.


Snowflake Analysis

Good value with adequate balance sheet.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.9%

ALCA

0.1%

SE Electronic

0.7%

SE Market


1 Year Return

-0.4%

ALCA

30.4%

SE Electronic

16.9%

SE Market

Return vs Industry: ALCA underperformed the Swedish Electronic industry which returned 32.6% over the past year.

Return vs Market: ALCA underperformed the Swedish Market which returned 16.2% over the past year.


Shareholder returns

ALCAIndustryMarket
7 Day-0.9%0.1%0.7%
30 Day11.0%6.5%3.5%
90 Day36.9%20.1%16.0%
1 Year-0.4%-0.4%30.7%30.4%18.6%16.9%
3 Year-38.5%-40.2%50.4%45.6%30.1%16.4%
5 Yearn/a89.1%76.4%43.4%15.0%

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

Valuation

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

8.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALCA (SEK23.2) is trading below our estimate of fair value (SEK25.38)

Significantly Below Fair Value: ALCA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ALCA is good value based on its PE Ratio (19.7x) compared to the SE Electronic industry average (30.6x).

PE vs Market: ALCA is good value based on its PE Ratio (19.7x) compared to the Swedish market (21.8x).


Price to Earnings Growth Ratio

PEG Ratio: ALCA is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: ALCA is good value based on its PB Ratio (1.9x) compared to the SE Electronic industry average (3.3x).


Next Steps

Future Growth

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

19.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALCA's forecast earnings growth (19.4% per year) is above the savings rate (0.5%).

Earnings vs Market: ALCA's earnings (19.4% per year) are forecast to grow slower than the Swedish market (19.8% per year).

High Growth Earnings: ALCA's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALCA's revenue (6.6% per year) is forecast to grow faster than the Swedish market (6.4% per year).

High Growth Revenue: ALCA's revenue (6.6% 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 (13.1%).


Next Steps

Past Performance

How has Alcadon Group performed over the past 5 years?

5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALCA has high quality earnings.

Growing Profit Margin: ALCA's current net profit margins (4.1%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: ALCA's earnings have grown by 5.3% per year over the past 5 years.

Accelerating Growth: ALCA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALCA had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Electronic industry average (-22.8%).


Return on Equity

High ROE: ALCA's Return on Equity (9.4%) 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 (SEK159.7M) exceed its short term liabilities (SEK135.7M).

Long Term Liabilities: ALCA's short term assets (SEK159.7M) exceed its long term liabilities (SEK118.8M).


Debt to Equity History and Analysis

Debt Level: ALCA's debt to equity ratio (60%) 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 (43.6%).

Interest Coverage: ALCA's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Next Steps

Dividend

What is Alcadon Group current dividend yield, its reliability and sustainability?


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?

1.6yrs

Average management tenure


CEO

Sonny Mirborn (40 yo)

1.08yrs

Tenure

kr2,142,080

Compensation

Sonny Mirborn serves as Chief Executive Officer at Alcadon Group AB (publ). since July 2019.


CEO Compensation Analysis

Compensation vs Market: Sonny's total compensation ($USD245.03K) is about average for companies of similar size in the Swedish market ($USD231.04K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Sonny Mirborn
Chief Executive Officer1.08yrskr2.14mno data
Niklas Svensson
Chief Financial Officer0.83yrno data0.047%
SEK 185.6k
Paul Svensson
Chief Information Officerno datano data2.89%
SEK 11.3m
Mikael Ljungman
Sales Manager28.58yrsno data3.09%
SEK 12.1m
Magnus Larsson
Chief Sales Officer0.17yrno datano data
Stefan Eriksson
Chief Business Development Officer15.58yrsno datano data
Peter Hjelmstad
Chief Purchasing Officer1.58yrsno datano data
Max Lundsten
Chief Product Officer1.58yrsno data0.35%
SEK 1.4m
Roy Furulund
CEO, President & Director of Alcadon AS (Norway)no datano data2.47%
SEK 9.6m

1.6yrs

Average Tenure

50yo

Average Age

Experienced Management: ALCA's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Roy Furulund
CEO, President & Director of Alcadon AS (Norway)no datano data2.47%
SEK 9.6m
Stefan Charette
Director4.58yrskr140.00kno data
Jonas Mårtensson
Director5.58yrskr240.00k3.24%
SEK 12.7m
Pierre Fors
Chairman of the Board0.58yrkr4.75m2.49%
SEK 9.7m
Marie Ygge
Director1.25yrskr97.00k0.0059%
SEK 23.2k
Lars Engstrom
Director0.25yrno datano data

1.3yrs

Average Tenure

57yo

Average Age

Experienced Board: ALCA's board of directors are not considered experienced ( 1.3 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: ALCA 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: kr391.135m
  • Shares outstanding: 16.86m
  • Website: https://www.alcadongroup.se

Location

  • Alcadon Group AB (publ)
  • Sailboat road 7
  • Stockholm
  • Stockholm County
  • 112 64
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALCAOM (OMX Nordic Exchange Stockholm)YesCommon StockSESEKSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 22:03
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
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.