Executive Summary
InCoax Networks AB (publ) provides networking products and solutions to telecom and broadband, and hospitality sectors.
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has InCoax Networks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INCOAX's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.0%
INCOAX
-0.8%
SE Communications
1.1%
SE Market
1 Year Return
-80.3%
INCOAX
-4.1%
SE Communications
7.0%
SE Market
Return vs Industry: INCOAX underperformed the Swedish Communications industry which returned -4.1% over the past year.
Return vs Market: INCOAX underperformed the Swedish Market which returned 7.1% over the past year.
Shareholder returns
| INCOAX | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | -0.8% | 1.1% |
| 30 Day | 1.4% | -0.3% | 2.7% |
| 90 Day | 5.3% | 8.4% | 17.6% |
| 1 Year | -79.5%-80.3% | -3.2%-4.1% | 8.7%7.0% |
| 3 Year | n/a | 42.8%37.2% | 19.8%7.0% |
| 5 Year | n/a | 4.3%-5.8% | 35.8%8.9% |
Price Volatility Vs. Market
How volatile is InCoax Networks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Imagine Owning InCoax Networks (STO:INCOAX) And Trying To Stomach The 81% Share Price Drop1 month ago | Simply Wall St
Here's Why InCoax Networks (STO:INCOAX) Must Use Its Cash Wisely3 months ago | Simply Wall St
Do Institutions Own InCoax Networks AB (publ) (STO:INCOAX) Shares?Valuation
Is InCoax Networks undervalued compared to its fair value and its price relative to the market?
3.08x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate INCOAX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate INCOAX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: INCOAX is unprofitable, so we can't compare its PE Ratio to the SE Communications industry average.
PE vs Market: INCOAX 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 INCOAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INCOAX is overvalued based on its PB Ratio (3.1x) compared to the SE Communications industry average (1.3x).
Next Steps
Future Growth
How is InCoax Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.2%
Forecasted Tech industry annual growth in earnings
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 SimplyWall St do have past financial data.
Next Steps
- Examine InCoax Networks's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- InCoax Networks competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has InCoax Networks performed over the past 5 years?
-26.4%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: INCOAX is currently unprofitable.
Growing Profit Margin: INCOAX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if INCOAX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare INCOAX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INCOAX is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (13.9%).
Return on Equity
High ROE: INCOAX has a negative Return on Equity (-306.29%), as it is currently unprofitable.
Next Steps
Financial Health
How is InCoax Networks's financial position?
Financial Position Analysis
Short Term Liabilities: INCOAX's short term assets (SEK36.4M) exceed its short term liabilities (SEK15.6M).
Long Term Liabilities: INCOAX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: INCOAX is debt free.
Reducing Debt: INCOAX had no debt 5 years ago.
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: INCOAX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: INCOAX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.4% each year
Next Steps
Dividend
What is InCoax Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INCOAX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INCOAX'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 INCOAX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INCOAX'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 INCOAX'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?
0.3yrs
Average management tenure
CEO
Jörgen Ekengren (57yo)
0.33
Tenure
Mr. Jörgen Ekengren serves as the Chief Executive Officer of InCoax Networks AB (publ) since March 17, 2020 and served as its Chief Operating Officer since 2018 until March 17, 2020. He joined InCoax Netwo ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 0.33yr | no data | 0.22% SEK150.0k | |
| Founder | no data | no data | 0.43% SEK296.0k | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Chief Technology Officer | 9.5yrs | no data | 0.18% SEK123.8k | |
| Executive Officer | 0.33yr | no data | 1.34% SEK921.1k |
0.3yrs
Average Tenure
57yo
Average Age
Experienced Management: INCOAX's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 3.5yrs | no data | 0.46% SEK318.1k | |
| Director | 0.083yr | no data | no data | |
| Chairman of the Board | 4.5yrs | no data | 3.26% SEK2.2m | |
| Director | 1.17yrs | no data | 27.55% SEK18.9m | |
| Director | 2.5yrs | no data | 0.027% SEK18.8k |
2.5yrs
Average Tenure
54.5yo
Average Age
Experienced Board: INCOAX's board of directors are not considered experienced ( 2.5 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48%.
Top Shareholders
Company Information
InCoax Networks AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: InCoax Networks AB (publ)
- Ticker: INCOAX
- Exchange: OM
- Founded: 2009
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: kr68.606m
- Shares outstanding: 18.29m
- Website: https://www.incoax.com
Number of Employees
Location
- InCoax Networks AB (publ)
- UtmarksvAegen 4
- Gävle
- Gävleborg County
- 802 91
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INCOAX | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Jan 2019 |
Biography
InCoax Networks AB (publ) provides networking products and solutions to telecom and broadband, and hospitality sectors. Its solutions include control units, modems, coaxial cable components, and software control systems. The company was founded in 2009 and is headquartered in Gävle, Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/11 21:03 |
| End of Day Share Price | 2020/07/10 00:00 |
| Earnings | 2020/03/31 |
| 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.