OM:HDW B

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Hitech & Development Wireless Sweden Holding

Executive Summary

Hitech & Development Wireless Sweden Holding AB (publ) supplies technology and services within Internet of Things (IoT) and real-time positioning in Sweden.


Snowflake Analysis

Imperfect balance sheet with limited growth.

Share Price & News

How has Hitech & Development Wireless Sweden Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HDW B's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.4%

HDW B

-4.3%

SE Communications

0.8%

SE Market


1 Year Return

-82.2%

HDW B

-3.1%

SE Communications

8.3%

SE Market

Return vs Industry: HDW B underperformed the Swedish Communications industry which returned -4.1% over the past year.

Return vs Market: HDW B underperformed the Swedish Market which returned 7% over the past year.


Shareholder returns

HDW BIndustryMarket
7 Day-7.4%-4.3%0.8%
30 Day-2.7%5.0%8.9%
90 Day2.7%6.9%16.9%
1 Year-80.5%-82.2%-2.2%-3.1%9.9%8.3%
3 Yearn/a48.0%42.3%21.8%8.9%
5 Yearn/a4.3%-5.8%36.4%9.6%

Price Volatility Vs. Market

How volatile is Hitech & Development Wireless Sweden Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hitech & Development Wireless Sweden Holding undervalued compared to its fair value and its price relative to the market?

0.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: HDW B is good value based on its PB Ratio (0.5x) compared to the SE Communications industry average (1.3x).


Next Steps

Future Growth

How is Hitech & Development Wireless Sweden Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

34.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if HDW B's forecast earnings growth is above the savings rate (0.5%).

Earnings vs Market: Insufficient data to determine if HDW B's earnings are forecast to grow faster than the Swedish market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HDW B's revenue (34.1% per year) is forecast to grow faster than the Swedish market (6.2% per year).

High Growth Revenue: HDW B's revenue (34.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HDW B is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Hitech & Development Wireless Sweden Holding performed over the past 5 years?

-32.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: HDW B is currently unprofitable.

Growing Profit Margin: HDW B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if HDW B's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: HDW B is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (13.9%).


Return on Equity

High ROE: HDW B has a negative Return on Equity (-77.04%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hitech & Development Wireless Sweden Holding's financial position?


Financial Position Analysis

Short Term Liabilities: HDW B's short term assets (SEK15.1M) do not cover its short term liabilities (SEK28.2M).

Long Term Liabilities: HDW B's short term assets (SEK15.1M) exceed its long term liabilities (SEK2.4M).


Debt to Equity History and Analysis

Debt Level: HDW B's debt to equity ratio (25.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HDW B's debt to equity ratio has reduced over the past 5 years.


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: HDW B has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HDW B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 61.9% each year


Next Steps

Dividend

What is Hitech & Development Wireless Sweden Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HDW 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 HDW 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?

0.5yrs

Average board tenure


CEO

Par Bergsten (58yo)

no data

Tenure

Mr. Pär Bergsten is the Founder of Hitech & Development Wireless Sweden Holding AB (publ) and serves as its Chief Executive Officer and Director. Mr. Pär Bergsten is the Founder and Chief Executive Officer ...


Board Members

NamePositionTenureCompensationOwnership
Par Bergsten
Founderno datano data9.72% SEK2.8m
Roland Andersson
Member of Advisory Boardno datano datano data
Johnny Johansson
Member of Advisory Boardno datano datano data
Per Melin
Director0.50yrno datano data
Anders Pettersson
Member of Advisory Boardno datano datano data
Hans Andréassonn
Member of Advisory Boardno datano datano data
Rajesh Patel
Member of Advisory Boardno datano datano data
Christer Faregard
Chairman of the Board0.50yrno datano data

0.5yrs

Average Tenure

60yo

Average Age

Experienced Board: HDW B's board of directors are not considered experienced ( 0.5 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: HDW B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 98.4%.


Top Shareholders

Company Information

Hitech & Development Wireless Sweden Holding AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hitech & Development Wireless Sweden Holding AB (publ)
  • Ticker: HDW B
  • Exchange: OM
  • Founded: 2009
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: kr28.873m
  • Shares outstanding: 59.96m
  • Website: https://www.hd-wireless.se

Location

  • Hitech & Development Wireless Sweden Holding AB (publ)
  • Kista Science Tower
  • Färögatan 33
  • Kista
  • Stockholm County
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HDW BOM (OMX Nordic Exchange Stockholm)YesB sharesSESEKDec 2017

Biography

Hitech & Development Wireless Sweden Holding AB (publ) supplies technology and services within Internet of Things (IoT) and real-time positioning in Sweden. The company develops and supplies solutions for digitalization and optimization of industry physical processes by griffin enterprise positioning (GEPS) service built in artificial intelligence. It offers enterprise real time location services in the industrial IoT market; and GEPS, a solution that bridges the information gap between physical assets and business systems for asset management, fleet management, production logistics, staff safety, hospitality, and healthcare applications. The company also provides connectivity modules, such as dual band and mode Wi-Fi and Bluetooth modules, and Wi-Fi systems used in the automotive infotainment, wearables, healthcare, industrial, smart buildings, and connected homes for IoT and industrial and digital media markets. In addition, it offers RF-antenna and matching, FCC/CE certification, production test reference design, and long-term conservation services of electronic components, as well as RF module development services. The company was founded in 2009 and is based in Kista, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 21:00
End of Day Share Price2020/07/13 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.