InCoax Networks
OM:INCOAX
INCOAX
OM
SEK236M
Market Cap
Company description
InCoax Networks AB (publ) provides networking products and solutions to telecom and broadband, and hospitality and healthcare sectors. More info.
Add to Portfolio Compare Print
- InCoax Networks has significant price volatility in the past 3 months.
INCOAX Share Price and Events
7 Day Returns
8.5%
OM:INCOAX
-0.9%
SE Communications
0.7%
SE Market
1 Year Returns
-
OM:INCOAX
32.5%
SE Communications
4.1%
SE Market
INCOAX Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| InCoax Networks (INCOAX) | 8.5% | -26% | 0.5% | - | - | - |
| SE Communications | -0.9% | 0.2% | 1.4% | 32.5% | 38.2% | -10% |
| SE Market | 0.7% | 0.6% | 0.9% | 4.1% | 16.8% | 17.8% |
1 Year Return vs Industry and Market
- No trading data on INCOAX.
- No trading data on INCOAX.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
In this section, we usually try to help investors determine whether InCoax Networks is trading at an attractive price based on the cash flow it is expected to produce in the future. But as InCoax Networks has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
- It is not possible to calculate the future cash flow value for InCoax Networks. This is due to cash flow or dividend data being unavailable. The share price is SEK19.1.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for InCoax Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
InCoax Networks's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings () in SEK | Not available |
| OM:INCOAX Share Price ** | OM (2019-06-18) in SEK | SEK19.1 |
| Europe Communications Industry PE Ratio | Median Figure of 23 Publicly-Listed Communications Companies | 21.24x |
| Sweden Market PE Ratio | Median Figure of 325 Publicly-Listed Companies | 16.58x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of InCoax Networks.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to compare the PE ratio to the industry average as no data exists.
- Unable to calculate PE ratio for InCoax Networks, we can't compare the value of its earnings to the Sweden market.
Price based on expected Growth
Does
InCoax Networks's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 0x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Europe Communications Industry PEG Ratio | Median Figure of 13 Publicly-Listed Communications Companies | 1.67x |
| Sweden Market PEG Ratio | Median Figure of 233 Publicly-Listed Companies | 1.36x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for InCoax Networks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
InCoax Networks's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings () in SEK | Not available |
| OM:INCOAX Share Price * | OM (2019-06-18) in SEK | SEK19.1 |
| Sweden Communications Industry PB Ratio | Median Figure of 10 Publicly-Listed Communications Companies | 1.69x |
| Sweden Market PB Ratio | Median Figure of 568 Publicly-Listed Companies | 2.5x |
* Primary Listing of InCoax Networks.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to compare the PB ratio to the industry average as no data exists.
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Value checks
We assess InCoax Networks's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check) InCoax Networks has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as InCoax Networks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
25.5%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
InCoax Networks
expected to grow at an
attractive
rate?
- Unable to compare InCoax Networks's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare InCoax Networks's earnings growth to the Sweden market average as no estimate data is available.
- Unable to compare InCoax Networks's revenue growth to the Sweden market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| Sweden Communications Industry Earnings Growth Rate | Market Cap Weighted Average | 25.5% |
| Sweden Communications Industry Revenue Growth Rate | Market Cap Weighted Average | 2.9% |
| Sweden Market Earnings Growth Rate | Market Cap Weighted Average | 8.5% |
| Sweden Market Revenue Growth Rate | Market Cap Weighted Average | 4.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
Raw Data
All numbers in SEK Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings () | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings () | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from InCoax Networks Company Filings, last reported , and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if InCoax Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
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InCoax Networks has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Future performance checks
We assess InCoax Networks's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
InCoax Networks has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has InCoax Networks performed over the past 5 years?
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, InCoax Networks has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data. You can see them here.
Show me the analysis anyway
- No data on InCoax Networks's last earnings update.
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Below we compare
InCoax Networks's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- Insufficient past earnings data to establish if InCoax Networks's year on year earnings growth rate was positive over the past 5 years.
- Unable to compare InCoax Networks's 1-year growth to the 5-year average as past earnings data has not been reported.
- Unable to compare InCoax Networks's 1-year growth to the Europe Communications industry average as past earnings data has not been reported.
Earnings and Revenue History
InCoax Networks's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from InCoax Networks Company Filings, last reported , and in Trailing twelve months (TTM) annual period rather than quarterly.
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Unable to establish if InCoax Networks has efficiently used shareholders’ funds last year as no Return on Equity data is available.
- Unable to establish if InCoax Networks has efficiently used its assets last year compared to the Europe Communications industry average (Return on Assets) as past financial data has not been reported.
- Unable to establish if InCoax Networks improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
InCoax Networks has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Past performance checks
We assess InCoax Networks's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
InCoax Networks has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is InCoax Networks's financial health and their level of debt?
In this section we usually analyse InCoax Networks's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. InCoax Networks has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.
Show me the analysis anyway
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up InCoax Networks's finances.
The net worth of a company is the difference between its assets and liabilities.
- Unable to compare short term assets to short term liabilities as InCoax Networks has not reported sufficient balance sheet data.
- Unable to establish if InCoax Networks's long term commitments exceed its cash and other short term assets as InCoax Networks has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of
InCoax Networks's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- Unable to establish if InCoax Networks has a high level of physical assets or inventory without balance sheet data.
- InCoax Networks has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
- InCoax Networks has no debt.
- InCoax Networks currently has no debt however we can't compare to 5 years ago as we have no data for that period.
- InCoax Networks has no debt, it does not need to be covered by operating cash flow.
- InCoax Networks has no debt, therefore coverage of interest payments is not a concern.
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Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess InCoax Networks's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) InCoax Networks has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is InCoax Networks's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
0%
Current annual income from
InCoax Networks
dividends.
If you bought
SEK2,000 of
InCoax Networks
shares you are expected to receive
SEK0
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Unable to evaluate InCoax Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate InCoax Networks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Europe Communications Industry Average Dividend Yield | Market Cap Weighted Average of 10 Stocks | 2.8% |
| Sweden Market Average Dividend Yield | Market Cap Weighted Average of 244 Stocks | 3.2% |
| Sweden Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Sweden Bottom 25% Dividend Yield | 25th Percentile | 1.8% |
| Sweden Top 25% Dividend Yield | 75th Percentile | 4.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in SEK) | Dividend per Share (annual) | Avg. No. Analysts |
|---|
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as InCoax Networks has not reported any payouts.
- Unable to verify if InCoax Networks's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess InCoax Networks's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can InCoax Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) InCoax Networks has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
Peter
Carlsson
| AGE | 49 |
CEO Bio
Mr. Peter Carlsson serves as the Chief Execuitve Officer of InCoax Networks AB (publ) and was employed since 2017.
CEO Compensation
- Insufficient data for Peter to compare compensation growth.
- Insufficient data for Peter to establish whether their remuneration is reasonable compared to companies of similar size in Sweden.
Management Team Tenure
Average tenure and age of the InCoax Networks management team in years:
0.9
Average Tenure
54
Average Age
- The average tenure for the InCoax Networks management team is less than 2 years, this suggests a new team.
Management Team
Peter Carlsson
TITLE
Chief Executive Officer
AGE
49
Marie Svensson
TITLE
Chief Financial Officer
AGE
54
TENURE
0.4 yrs
Jörgen Ekengren
TITLE
Chief Operation Officer
AGE
55
TENURE
1.4 yrs
Thomas Svensson
TITLE
Chief Technology Officer
AGE
63
TENURE
8.4 yrs
Håkan Rusk
TITLE
Chief Sales & Marketing Officer
AGE
52
TENURE
0.4 yrs
Board of Directors Tenure
Average tenure and age of the InCoax Networks board of directors in years:
2.4
Average Tenure
55
Average Age
- The average tenure for the InCoax Networks board of directors is less than 3 years, this suggests a new board.
Board of Directors
Richard Tooby
TITLE
Chairman of the Board
AGE
49
TENURE
3.4 yrs
Patrik Widlund
TITLE
Director
AGE
56
TENURE
5.4 yrs
Peter Agardh
TITLE
Director
TENURE
0.1 yrs
Pär Thuresson
TITLE
Director
AGE
54
TENURE
1.4 yrs
Anders Nilsson
TITLE
Director
AGE
67
TENURE
2.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SEK) | Value (SEK) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 03. Mar 19 | Buy | Richard Tooby | Individual | 28. Feb 19 | 01. Mar 19 | 20,000 | SEK14.17 | SEK273,026 | ||
X
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Management checks
We assess InCoax Networks's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) InCoax Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Company Info
Description
InCoax Networks AB (publ) provides networking products and solutions to telecom and broadband, and hospitality and healthcare sectors. It connects existing in-building coaxial networks to the Internet and provides high-speed access to tenants, consumers, and customers. The company is based in Gävle, Sweden.
Details
| Name: | InCoax Networks AB (publ) |
| INCOAX | |
| Exchange: | OM |
| Founded: | |
| SEK236,103,542 | |
| 12,361,442 | |
| Website: | http://incoax.com |
| Address: |
InCoax Networks AB (publ) Utmarksvägen 4, Gävle, Gävleborg County, 802 91, Sweden |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OM | INCOAX | Share Capital | OMX Nordic Exchange Stockholm | SE | SEK | 03. Jan 2019 |
Number of employees
Current staff
0
InCoax Networks
employees.
Industry
| Communications Equipment | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/18 22:33 |
| End of day share price update: | 2019/06/18 00:00 |
| Last estimates confirmation: | 2019/02/28 |
| Last earnings filing: | N/A |
| Last earnings reported: | N/A |
| Last annual earnings reported: | N/A |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
