Executive Summary
Fingerprint Cards AB (publ) develops, produces, and markets biometric systems and technologies that facilitate the convenience and integrity of the individual.
Risk Analysis
No risks detected for FING B from our risk checks.
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Fingerprint Cards's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FING B has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.3%
FING B
2.3%
SE Electronic
2.3%
SE Market
1 Year Return
-10.0%
FING B
21.4%
SE Electronic
22.2%
SE Market
Return vs Industry: FING B underperformed the Swedish Electronic industry which returned 21.3% over the past year.
Return vs Market: FING B underperformed the Swedish Market which returned 21.8% over the past year.
Shareholder returns
| FING B | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | 2.3% | 2.3% |
| 30 Day | -3.1% | 2.3% | 3.1% |
| 90 Day | 18.2% | 10.1% | 10.1% |
| 1 Year | -10.0%-10.0% | 23.0%21.4% | 27.2%22.2% |
| 3 Year | -66.2%-66.2% | 47.1%40.8% | 39.3%18.3% |
| 5 Year | 112.0%112.0% | 104.9%89.0% | 47.9%16.3% |
Price Volatility Vs. Market
How volatile is Fingerprint Cards's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Fingerprint Cards's (STO:FING B) Share Price Gain Of 171% Well Earned?1 month ago | Simply Wall St
We're Excited To See How Fingerprint Cards (STO:FING B) Uses Its Cash Hoard To Grow1 month ago | Simply Wall St
Is Fingerprint Cards AB (publ) (STO:FING B) Overpaying Its CEO?Valuation
Is Fingerprint Cards undervalued compared to its fair value and its price relative to the market?
3.07x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: FING B (SEK17.54) is trading above our estimate of fair value (SEK1.28)
Significantly Below Fair Value: FING B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FING B is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: FING B 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 FING B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FING B is good value based on its PB Ratio (3.1x) compared to the SE Electronic industry average (3.3x).
Next Steps
Future Growth
How is Fingerprint Cards forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
71.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FING B is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FING B is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FING B is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FING B's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: FING B's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FING B is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Fingerprint Cards performed over the past 5 years?
-31.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FING B is currently unprofitable.
Growing Profit Margin: FING B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FING B is unprofitable, and losses have increased over the past 5 years at a rate of -31.8% per year.
Accelerating Growth: Unable to compare FING B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FING B is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (11.9%).
Return on Equity
High ROE: FING B has a negative Return on Equity (-0.76%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Fingerprint Cards's financial position?
Financial Position Analysis
Short Term Liabilities: FING B's short term assets (SEK1.0B) exceed its short term liabilities (SEK387.8M).
Long Term Liabilities: FING B's short term assets (SEK1.0B) exceed its long term liabilities (SEK50.4M).
Debt to Equity History and Analysis
Debt Level: FING B is debt free.
Reducing Debt: FING B currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Inventory Level: FING B has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if FING B's debt is covered by short term assets.
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: FING B has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: FING B has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Fingerprint Cards's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FING B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FING B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FING B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FING B'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 FING B'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?
3.1yrs
Average management tenure
CEO
Christian Fredrikson (55yo)
3.5yrs
Tenure
kr8,900,000
Compensation
Mr. Christian Fredrikson, M.Sc. (Engineering), has been Chief Executive Officer and President of Fingerprint Cards AB (publ) since August 1, 2016. Mr. Fredrikson has 20 years of experience in Telecommunica ...
CEO Compensation Analysis
Compensation vs Market: Christian's total compensation ($USD917.94K) is above average for companies of similar size in the Swedish market ($USD551.26K).
Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 3.5yrs | kr8.90m | 0.16% SEK9.1m | |
| Chief Financial Officer | 1.3yrs | no data | 0.0027% SEK149.2k | |
| Chief Technology Officer | 3.1yrs | no data | 0.25% SEK14.0m | |
| Head of Investor Relations | 0yrs | no data | no data | |
| Senior Vice President of Business Line Smartcards | 3.1yrs | no data | 0.32% SEK17.5m | |
| Senior Vice President of Business Line Mobile | 3.1yrs | no data | 0.0064% SEK350.7k | |
| Senior Vice President of Corporate Strategy & Portfolio Management | 1.1yrs | no data | no data | |
| Senior Vice President of Research & Development | 1.1yrs | no data | 0.0064% SEK350.7k | |
| Senior Advisor & Member of Advisory Board | 7.8yrs | no data | no data |
3.1yrs
Average Tenure
50.5yo
Average Age
Experienced Management: FING B's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior Advisor & Member of Advisory Board | 7.8yrs | no data | no data | |
| Independent Director | 3.8yrs | kr300.00k | 0.0089% SEK491.1k | |
| Independent Director | 2.8yrs | kr500.00k | 0.0027% SEK149.2k | |
| Independent Director | 1.8yrs | kr200.00k | 0.080% SEK4.4m | |
| Independent Director | 10.7yrs | kr300.00k | 0.018% SEK999.2k | |
| Chairman of the Board | 1.8yrs | kr400.00k | 6.53% SEK359.5m | |
| Independent Director | 2.8yrs | kr400.00k | 0.0064% SEK351.8k | |
| Independent Director | 1.8yrs | kr200.00k | 0.28% SEK15.3m | |
| Independent Director | 0.8yrs | no data | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Board: FING B's board of directors are not considered experienced ( 2.8 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
Fingerprint Cards AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fingerprint Cards AB (publ)
- Ticker: FING B
- Exchange: OM
- Founded: 1997
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr5.505b
- Shares outstanding: 313.97m
- Website: https://www.fingerprints.com
Number of Employees
Location
- Fingerprint Cards AB (publ)
- PO Box 2412
- Gothenburg
- Västra Götaland County
- 403 16
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FING B | OM (OMX Nordic Exchange Stockholm) | Yes | Series B Shares | SE | SEK | Jun 1998 |
| 0RGY | LSE (London Stock Exchange) | Yes | Series B Shares | GB | SEK | Jun 1998 |
| FPQ1 | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Jun 1998 |
| FGRR.F | OTCPK (Pink Sheets LLC) | Yes | Series B Shares | US | USD | Jun 1998 |
| FINGBS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series B Shares | GB | SEK | Jun 1998 |
Biography
Fingerprint Cards AB (publ) develops, produces, and markets biometric systems and technologies that facilitate the convenience and integrity of the individual. Its biometric systems include sensors, algorithms, software, and packaging technologies. The company offers biometric solutions for smartphones and tablets; smart cards; door locks; vehicles; Internet of Thing (IoT); and the automotive industry.It also offers various development tools for software development and production. The company sells its products through distributors and resellers. It serves in Sweden, Asia, South and North America, Europe, the Middle East, and Africa. Fingerprint Cards AB (publ) was founded in 1997 and is headquartered in Gothenburg, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/18 21:02 |
| End of Day Share Price | 2020/02/18 00:00 |
| Earnings | 2019/12/31 |
| 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.