OM:FING B

Stock Analysis Report

Fingerprint Cards

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 BIndustryMarket
7 Day-0.3%2.3%2.3%
30 Day-3.1%2.3%3.1%
90 Day18.2%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 Year112.0%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

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

companyn/amarketbottom25%1.5%markettop25%4.2%industryaverage1.3%forecastin3Years0%

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

NamePositionTenureCompensationOwnership
Christian Fredrikson
CEO & President3.5yrskr8.90m0.16% SEK9.1m
Per Sundqvist
Chief Financial Officer1.3yrsno data0.0027% SEK149.2k
Pontus Jägemalm
Chief Technology Officer3.1yrsno data0.25% SEK14.0m
Stefan Pettersson
Head of Investor Relations0yrsno datano data
Thomas Rex
Senior Vice President of Business Line Smartcards3.1yrsno data0.32% SEK17.5m
Ted Hansson
Senior Vice President of Business Line Mobile3.1yrsno data0.0064% SEK350.7k
Charles Burgeat
Senior Vice President of Corporate Strategy & Portfolio Management1.1yrsno datano data
Fredrik Ramberg
Senior Vice President of Research & Development1.1yrsno data0.0064% SEK350.7k
Göran Malm
Senior Advisor & Member of Advisory Board7.8yrsno datano 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

NamePositionTenureCompensationOwnership
Göran Malm
Senior Advisor & Member of Advisory Board7.8yrsno datano data
Tomas V. Mikaelsson
Independent Director3.8yrskr300.00k0.0089% SEK491.1k
Alexander Kotsinas
Independent Director2.8yrskr500.00k0.0027% SEK149.2k
Juan Vallejo
Independent Director1.8yrskr200.00k0.080% SEK4.4m
Urban Fagerstedt
Independent Director10.7yrskr300.00k0.018% SEK999.2k
Johan Carlström
Chairman of the Board1.8yrskr400.00k6.53% SEK359.5m
Dimitrij Titov
Independent Director2.8yrskr400.00k0.0064% SEK351.8k
Ted Elvhage
Independent Director1.8yrskr200.00k0.28% SEK15.3m
Sofia Bertling
Independent Director0.8yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FING BOM (OMX Nordic Exchange Stockholm)YesSeries B SharesSESEKJun 1998
0RGYLSE (London Stock Exchange)YesSeries B SharesGBSEKJun 1998
FPQ1DB (Deutsche Boerse AG)YesSeries B SharesDEEURJun 1998
FGRR.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDJun 1998
FINGBSBATS-CHIXE (BATS 'Chi-X Europe')YesSeries B SharesGBSEKJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 21:02
End of Day Share Price2020/02/18 00:00
Earnings2019/12/31
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.