OM:PREC

Stock Analysis Report

Precise Biometrics

Executive Summary

Precise Biometrics AB (publ) develops and sells biometric authentication solutions for people’s digital identity and fingerprints in mobile phones and smart cards.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.

Risks

  • Precise Biometrics has significant price volatility in the past 3 months.
  • Precise Biometrics is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Precise Biometrics's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

OM:PREC

3.0%

SE Electronic

-1.0%

SE Market


1 Year Return

-26.0%

OM:PREC

1.0%

SE Electronic

4.3%

SE Market

PREC underperformed the Electronic industry which returned -1.8% over the past year.

PREC underperformed the Market in Sweden which returned 3.3% over the past year.


Share holder returns

PRECIndustryMarket
7 Day-0.5%3.0%-1.0%
30 Day-12.0%-1.7%0.3%
90 Day3.8%-4.3%-0.2%
1 Year-26.0%-26.0%2.3%1.0%8.6%4.3%
3 Year-61.5%-61.5%21.4%17.6%34.2%14.1%
5 Year26.3%26.3%117.8%101.5%51.5%19.6%

Price Volatility Vs. Market

How volatile is Precise Biometrics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Precise Biometrics undervalued based on future cash flows and its price relative to the stock market?

3.83x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Precise Biometrics to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Precise Biometrics to establish if it is available at substantial discount.


Price Based on Earnings

Precise Biometrics is loss making, we can't compare its value to the SE Electronic industry average.

Precise Biometrics is loss making, we can't compare the value of its earnings to the Sweden market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Precise Biometrics, we can't assess if its growth is good value.


Price Based on Value of Assets

Precise Biometrics is overvalued based on assets compared to the SE Electronic industry average.


Next Steps

Future Growth

How is Precise Biometrics expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

104.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Precise Biometrics's revenue is expected to grow significantly at over 20% yearly.

Precise Biometrics's earnings are expected to grow significantly at over 20% yearly.

Precise Biometrics's revenue growth is expected to exceed the Sweden market average.

Precise Biometrics's earnings growth is expected to exceed the Sweden market average.

Precise Biometrics's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Precise Biometrics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Precise Biometrics performed over the past 5 years?

23.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Precise Biometrics does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Precise Biometrics's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Precise Biometrics's 1-year growth to the SE Electronic industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Precise Biometrics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Precise Biometrics has efficiently used its assets last year compared to the SE Electronic industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Precise Biometrics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Precise Biometrics's financial position?


Financial Position Analysis

Precise Biometrics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Precise Biometrics's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Precise Biometrics has no debt.

Precise Biometrics had no debt 5 years ago.


Balance Sheet

Low level of unsold assets.

Precise Biometrics has no debt, it does not need to be covered by short term assets.


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.

Precise Biometrics has sufficient cash runway for 1.8 years based on current free cash flow.

Precise Biometrics has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 92% each year.


Next Steps

Dividend

What is Precise Biometrics's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Precise Biometrics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Precise Biometrics's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Precise Biometrics has not reported any payouts.

Unable to verify if Precise Biometrics's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Precise Biometrics has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Precise Biometrics's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average management tenure


CEO

Stefan Persson (52yo)

0.9yrs

Tenure

kr2,780,000

Compensation

Mr. Stefan Kenth Persson has been the Chief Executive Officer of Precise Biometrics AB since August 1, 2018. Mr. Persson served as Member of Executive Management Board at Bang & Olufsen a/s since October 1 ...


CEO Compensation Analysis

Stefan's remuneration is higher than average for companies of similar size in Sweden.

Insufficient data for Stefan to compare compensation growth.


Management Age and Tenure

0.9yrs

Average Tenure

51yo

Average Age

The average tenure for the Precise Biometrics management team is less than 2 years, this suggests a new team.


Board Age and Tenure

5.3yrs

Average Tenure

58yo

Average Age

The tenure for the Precise Biometrics board of directors is about average.


Insider Trading

More shares have been bought than sold by Precise Biometrics individual insiders in the past 3 months.


Recent Insider Transactions

Buykr101,25012 Jun 19
Fredrik Clementson
EntityIndividual
Shares75,000
Max Pricekr1.35
Buykr102,00015 May 19
Torgny Hellström
EntityIndividual
Role
Executive Chairman of the Board
Chairman of the Board
Shares100,000
Max Pricekr1.02
Buykr102,00002 Jan 19
Mats Lindoff
EntityIndividual
Role
Member of the Board of Directors
Shares75,000
Max Pricekr1.36
Buykr56,10027 Dec 18
Fredrik Clementson
EntityIndividual
Shares50,000
Max Pricekr1.12

Ownership Breakdown


Management Team

  • Torgny Hellström (61yo)

    Executive Chairman of the Board

    • Compensation: SEK605.00k
  • Ann-sofi Höijenstam (66yo)

    Director of Investors Relations & Communications

  • Ulrik Nilsson (49yo)

    Chief Financial Officer

    • Tenure: 0.8yrs
  • Fredrik Sjöholm (49yo)

    Vice President of Sales

    • Tenure: 1.9yrs
  • Stefan Persson (52yo)

    Chief Executive Officer

    • Tenure: 0.9yrs
    • Compensation: SEK2.78m
  • Tom Søberg (50yo)

    Chief Technology Officer

    • Tenure: 0.5yrs

Board Members

  • Mats Lindoff (58yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: SEK215.00k
  • Synnöve Trygg (60yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: SEK225.00k
  • Torbjörn Clementz (58yo)

    Director

    • Tenure: 10.5yrs
    • Compensation: SEK260.00k
  • Torgny Hellström (61yo)

    Executive Chairman of the Board

    • Tenure: 5.3yrs
    • Compensation: SEK605.00k
  • Åsa Schwarz (46yo)

    Director

    • Tenure: 0.2yrs

Company Information

Precise Biometrics AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Precise Biometrics AB (publ)
  • Ticker: PREC
  • Exchange: OM
  • Founded: 1997
  • Industry: electronic equipment and instruments
  • Sector: tech
  • Market Cap: kr450.289m
  • Shares outstanding: 360.23m
  • Website: Click here

Number of Employees


Location

  • Precise Biometrics AB (publ)
  • Mobilvägen 10
  • Lund
  • 223 62
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBCBDB (Deutsche Boerse AG)YesSeries A SharesDEEURJan 2000
PRECOM (OMX Nordic Exchange Stockholm)YesSeries A SharesSESEKJan 2000
0JDULSE (London Stock Exchange)YesSeries A SharesGBSEKJan 2000
PRBC.FOTCPK (Pink Sheets LLC)YesSeries A SharesUSUSDJan 2000
PRECSBATS-CHIXE (BATS 'Chi-X Europe')YesSeries A SharesGBSEKJan 2000

Biography

Precise Biometrics AB (publ) develops and sells biometric authentication solutions for people’s digital identity and fingerprints in mobile phones and smart cards. Its product portfolio consists of Precise ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/19 20:36
End of Day Share Price2019/07/19 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.