| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
NCAB Stock Overview
NCAB Group AB (publ), together with its subsidiaries, manufactures and sells printed circuit boards (PCBs).
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr68.50 |
| 52 Week High | kr100.00 |
| 52 Week Low | kr27.00 |
| Beta | 0.45 |
| 1 Month Change | -17.77% |
| 3 Month Change | -4.73% |
| 1 Year Change | 126.07% |
| 3 Year Change | 715.48% |
| 5 Year Change | n/a |
| Change since IPO | 807.29% |
Recent News & Updates
Here's Why I Think NCAB Group (STO:NCAB) Might Deserve Your Attention Today
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
NCAB Group (STO:NCAB) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Shareholder Returns
| NCAB | SE Electronic | SE Market | |
|---|---|---|---|
| 7D | -3.7% | -6.9% | -4.2% |
| 1Y | 126.1% | 15.3% | 17.2% |
Return vs Industry: NCAB exceeded the Swedish Electronic industry which returned 16.7% over the past year.
Return vs Market: NCAB exceeded the Swedish Market which returned 17.8% over the past year.
Price Volatility
| NCAB volatility | |
|---|---|
| NCAB Average Weekly Movement | 10.1% |
| Electronic Industry Average Movement | 8.6% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in SE Market | 11.7% |
| 10% least volatile stocks in SE Market | 3.9% |
Stable Share Price: NCAB is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: NCAB's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 512 | Peter Kruk | https://www.ncabgroup.com |
NCAB Group AB (publ), together with its subsidiaries, manufactures and sells printed circuit boards (PCBs). The company offers multilayer, high density interconnect, radio frequency, insulated metal base, flexible, rigid-flex, semi-flex, and double sided PCBs. Its products are used in various applications, including digital cameras, compact medical devices, surgical light, electrical car charging, mirror eye-camera, and other applications.
NCAB Group Fundamentals Summary
| NCAB fundamental statistics | |
|---|---|
| Market Cap | kr12.81b |
| Earnings (TTM) | kr244.57m |
| Revenue (TTM) | kr2.76b |
52.4x
P/E Ratio4.6x
P/S RatioIs NCAB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCAB income statement (TTM) | |
|---|---|
| Revenue | kr2.76b |
| Cost of Revenue | kr1.93b |
| Gross Profit | kr832.41m |
| Expenses | kr587.85m |
| Earnings | kr244.57m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 17, 2022
| Earnings per share (EPS) | 1.31 |
| Gross Margin | 30.18% |
| Net Profit Margin | 8.87% |
| Debt/Equity Ratio | 36.1% |
How did NCAB perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield38%
Payout RatioValuation
Is NCAB Group undervalued compared to its fair value and its price relative to the market?
52.37x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NCAB (SEK68.5) is trading above our estimate of fair value (SEK41.88)
Significantly Below Fair Value: NCAB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NCAB is poor value based on its PE Ratio (52.4x) compared to the Swedish Electronic industry average (34x).
PE vs Market: NCAB is poor value based on its PE Ratio (52.4x) compared to the Swedish market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: NCAB is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: NCAB is overvalued based on its PB Ratio (15x) compared to the SE Electronic industry average (3.3x).
Future Growth
How is NCAB Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
18.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCAB's forecast earnings growth (18.6% per year) is above the savings rate (0.3%).
Earnings vs Market: NCAB's earnings (18.6% per year) are forecast to grow faster than the Swedish market (4.3% per year).
High Growth Earnings: NCAB's earnings are forecast to grow, but not significantly.
Revenue vs Market: NCAB's revenue (15.3% per year) is forecast to grow faster than the Swedish market (5.1% per year).
High Growth Revenue: NCAB's revenue (15.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NCAB's Return on Equity is forecast to be high in 3 years time (39.9%)
Past Performance
How has NCAB Group performed over the past 5 years?
33.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCAB has a high level of non-cash earnings.
Growing Profit Margin: NCAB's current net profit margins (8.9%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: NCAB's earnings have grown significantly by 33.2% per year over the past 5 years.
Accelerating Growth: NCAB's earnings growth over the past year (97.4%) exceeds its 5-year average (33.2% per year).
Earnings vs Industry: NCAB earnings growth over the past year (97.4%) exceeded the Electronic industry 21.4%.
Return on Equity
High ROE: NCAB's Return on Equity (28.6%) is considered high.
Financial Health
How is NCAB Group's financial position?
Financial Position Analysis
Short Term Liabilities: NCAB's short term assets (SEK1.2B) exceed its short term liabilities (SEK821.4M).
Long Term Liabilities: NCAB's short term assets (SEK1.2B) exceed its long term liabilities (SEK306.0M).
Debt to Equity History and Analysis
Debt Level: NCAB's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: NCAB's debt to equity ratio has reduced from 102.3% to 36.1% over the past 5 years.
Debt Coverage: NCAB's debt is well covered by operating cash flow (24.5%).
Interest Coverage: NCAB's interest payments on its debt are well covered by EBIT (43x coverage).
Balance Sheet
Dividend
What is NCAB Group current dividend yield, its reliability and sustainability?
0.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NCAB's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.98%).
High Dividend: NCAB's dividend (0.73%) is low compared to the top 25% of dividend payers in the Swedish market (3.37%).
Stability and Growth of Payments
Stable Dividend: NCAB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NCAB's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.2%), NCAB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NCAB's dividends in 3 years are forecast to be covered by earnings (51.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.0yrs
Average management tenure
CEO
Peter Kruk (53 yo)
1.25yrs
Tenure
kr4,005,000
Compensation
Mr. Peter Kruk serves as Director for NCAB Group AB (publ) since November 2021. He is the President and Chief Executive Officer of NCAB Group AB (publ) since October 1, 2020. He served as President of EMEA...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD440.27K) is below average for companies of similar size in the Swedish market ($USD756.57K).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
Leadership Team
Experienced Management: NCAB's management team is seasoned and experienced (13 years average tenure).
Board Members
Experienced Board: NCAB's board of directors are seasoned and experienced ( 10.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NCAB 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
NCAB Group AB (publ)'s employee growth, exchange listings and data sources
Key Information
- Name: NCAB Group AB (publ)
- Ticker: NCAB
- Exchange: OM
- Founded: 1993
- Industry: Electronic Components
- Sector: Tech
- Implied Market Cap: kr12.808b
- Shares outstanding: 186.97m
- Website: https://www.ncabgroup.com
Number of Employees
Location
- NCAB Group AB (publ)
- Mariehallsvagen 37 A
- Bromma
- Stockholm County
- 168 65
- Sweden
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 21:20 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.