Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 5/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
NOTE Stock Overview
NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Estonia, China, and internationally.
NOTE Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | kr193.30 |
52 Week High | kr245.50 |
52 Week Low | kr112.40 |
Beta | 1.69 |
1 Month Change | 2.98% |
3 Month Change | -11.41% |
1 Year Change | 58.96% |
3 Year Change | 592.83% |
5 Year Change | 719.07% |
Change since IPO | 180.15% |
Recent News & Updates
Here's Why We Think NOTE (STO:NOTE) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Shareholder Returns
NOTE | SE Electronic | SE Market | |
---|---|---|---|
7D | -1.5% | 0.4% | -0.7% |
1Y | 59.0% | -20.7% | -21.8% |
Return vs Industry: NOTE exceeded the Swedish Electronic industry which returned -20.7% over the past year.
Return vs Market: NOTE exceeded the Swedish Market which returned -21.8% over the past year.
Price Volatility
NOTE volatility | |
---|---|
NOTE Average Weekly Movement | 5.3% |
Electronic Industry Average Movement | 7.2% |
Market Average Movement | 7.1% |
10% most volatile stocks in SE Market | 12.4% |
10% least volatile stocks in SE Market | 4.5% |
Stable Share Price: NOTE is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NOTE's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1999 | 1,333 | Johannes Lind-Widestam | https://www.note-ems.com |
NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Estonia, China, and internationally. The company offers advanced production technology services in close collaboration with customers, such as component selection, developing test equipment, prototyping, and serial production, as well as after-sales services. It also produces PCBAs, sub-assemblies, and box build products.
NOTE Fundamentals Summary
NOTE fundamental statistics | |
---|---|
Market Cap | kr5.48b |
Earnings (TTM) | kr231.06m |
Revenue (TTM) | kr3.22b |
24.2x
P/E Ratio1.7x
P/S RatioIs NOTE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
NOTE income statement (TTM) | |
---|---|
Revenue | kr3.22b |
Cost of Revenue | kr2.79b |
Gross Profit | kr430.65m |
Other Expenses | kr199.59m |
Earnings | kr231.06m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 17, 2022
Earnings per share (EPS) | 7.97 |
Gross Margin | 13.38% |
Net Profit Margin | 7.18% |
Debt/Equity Ratio | 39.1% |
How did NOTE perform over the long term?
See historical performance and comparisonValuation
Is NOTE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NOTE?
Other financial metrics that can be useful for relative valuation.
What is NOTE's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | kr5.48b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.8x |
Enterprise Value/EBITDA | 15.3x |
PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does NOTE's PE Ratio compare to its peers?
NOTE PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 33.2x | ||
HANZA Hanza | 18.7x | 21.0% | kr1.9b |
NCAB NCAB Group | 29.6x | 14.4% | kr11.0b |
PRIC B Pricer | 60.1x | 77.7% | kr2.0b |
MYCR Mycronic | 23x | 14.8% | kr13.7b |
NOTE NOTE | 24.2x | n/a | kr5.5b |
Price-To-Earnings vs Peers: NOTE is good value based on its Price-To-Earnings Ratio (24.2x) compared to the peer average (33.2x).
Price to Earnings Ratio vs Industry
How does NOTE's PE Ratio compare vs other companies in the European Electronic Industry?
Price-To-Earnings vs Industry: NOTE is good value based on its Price-To-Earnings Ratio (24.2x) compared to the Swedish Electronic industry average (25.1x)
Price to Earnings Ratio vs Fair Ratio
What is NOTE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 24.2x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NOTE's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NOTE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate NOTE's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate NOTE's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is NOTE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.2%
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 NOTE 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.
Discover growth companies
- Check out NOTE's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- NOTE competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has NOTE performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
28.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOTE has a high level of non-cash earnings.
Growing Profit Margin: NOTE's current net profit margins (7.2%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: NOTE's earnings have grown significantly by 28.3% per year over the past 5 years.
Accelerating Growth: NOTE's earnings growth over the past year (67.9%) exceeds its 5-year average (28.3% per year).
Earnings vs Industry: NOTE earnings growth over the past year (67.9%) exceeded the Electronic industry 19%.
Return on Equity
High ROE: NOTE's Return on Equity (24.3%) is considered high.
Discover strong past performing companies
Financial Health
How is NOTE's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NOTE's short term assets (SEK1.9B) exceed its short term liabilities (SEK1.2B).
Long Term Liabilities: NOTE's short term assets (SEK1.9B) exceed its long term liabilities (SEK183.0M).
Debt to Equity History and Analysis
Debt Level: NOTE's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: NOTE's debt to equity ratio has increased from 20.7% to 39.1% over the past 5 years.
Debt Coverage: NOTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NOTE's interest payments on its debt are well covered by EBIT (16.4x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is NOTE current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NOTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NOTE'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 NOTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NOTE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: NOTE is not paying a notable dividend for the Swedish market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NOTE has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Johannes Lind-Widestam (50 yo)
3.92yrs
Tenure
kr5,307,000
Compensation
Mr. Johannes Lind-Widestam is Chief Executive Officer and President of NOTE AB (publ) since September 2018. Mr. Lind-Widestam served as the Chief Executive Officer and President at Elos Medtech AB (publ) s...
CEO Compensation Analysis
Compensation vs Market: Johannes's total compensation ($USD507.90K) is about average for companies of similar size in the Swedish market ($USD529.85K).
Compensation vs Earnings: Johannes's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NOTE's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: NOTE's board of directors are considered experienced (4.4 years average tenure).
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
NOTE AB (publ)'s employee growth, exchange listings and data sources
Key Information
- Name: NOTE AB (publ)
- Ticker: NOTE
- Exchange: OM
- Founded: 1999
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: kr5.481b
- Shares outstanding: 28.98m
- Website: https://www.note-ems.com
Number of Employees
Location
- NOTE AB (publ)
- Sveavägen 52
- Stockholm
- Stockholm County
- 111 34
- Sweden
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/18 00:00 |
End of Day Share Price | 2022/08/18 00:00 |
Earnings | 2022/06/30 |
Annual Earnings | 2021/12/31 |
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.