Precise Biometrics AB (publ) develops and sells biometric authentication solutions for people’s digital identity and fingerprints in mobile phones and smart cards in Sweden, the United States, China, and internationally.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Precise Biometrics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PREC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PREC underperformed the Swedish Electronic industry which returned 29.2% over the past year.
Return vs Market: PREC underperformed the Swedish Market which returned 14.8% over the past year.
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
3 days ago | Simply Wall StShould You Use Precise Biometrics's (STO:PREC) Statutory Earnings To Analyse It?
4 weeks ago | Simply Wall StAt kr1.34, Is Precise Biometrics AB (publ) (STO:PREC) Worth Looking At Closely?
Is Precise Biometrics undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PREC (SEK1.37) is trading above our estimate of fair value (SEK0.57)
Significantly Below Fair Value: PREC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PREC is poor value based on its PE Ratio (53.2x) compared to the SE Electronic industry average (30.7x).
PE vs Market: PREC is poor value based on its PE Ratio (53.2x) compared to the Swedish market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: PREC is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: PREC is overvalued based on its PB Ratio (3.9x) compared to the SE Electronic industry average (3.3x).
How is Precise Biometrics forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PREC's forecast earnings growth (34.8% per year) is above the savings rate (0.5%).
Earnings vs Market: PREC's earnings (34.8% per year) are forecast to grow faster than the Swedish market (19.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PREC's revenue (11.3% per year) is forecast to grow faster than the Swedish market (6.4% per year).
High Growth Revenue: PREC's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PREC's Return on Equity is forecast to be low in 3 years time (7.4%).
How has Precise Biometrics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PREC has high quality earnings.
Growing Profit Margin: PREC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PREC has become profitable over the past 5 years, growing earnings by -6.3% per year.
Accelerating Growth: PREC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PREC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-22.8%).
Return on Equity
High ROE: PREC's Return on Equity (7.3%) is considered low.
How is Precise Biometrics's financial position?
Financial Position Analysis
Short Term Liabilities: PREC's short term assets (SEK104.6M) exceed its short term liabilities (SEK27.1M).
Long Term Liabilities: PREC's short term assets (SEK104.6M) exceed its long term liabilities (SEK44.0K).
Debt to Equity History and Analysis
Debt Level: PREC is debt free.
Reducing Debt: PREC has not had any debt for past 5 years.
Debt Coverage: PREC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PREC has no debt, therefore coverage of interest payments is not a concern.
What is Precise Biometrics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PREC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PREC'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 PREC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PREC'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 PREC's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stefan Persson (53 yo)
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
Compensation vs Market: Stefan's total compensation ($USD446.97K) is above average for companies of similar size in the Swedish market ($USD231.95K).
Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||6.33yrs||kr605.00k||0.11% |
|Chief Executive Officer||2yrs||kr3.91m||0.11% |
|Chief Financial Officer||1.92yrs||no data||0.056% |
|Chief Technology Officer||1.58yrs||no data||no data|
|Director of Investors Relations & Communications||no data||no data||no data|
|Vice President of Sales||3yrs||no data||no data|
Experienced Management: PREC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
|Executive Chairman of the Board||6.33yrs||kr605.00k||0.11% |
|Independent Director||6.33yrs||kr200.00k||0.021% |
|Independent Director||4.25yrs||kr225.00k||0.017% |
|Independent Director||11.58yrs||kr260.00k||0.017% |
Experienced Board: PREC's board of directors are considered experienced (6.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Precise Biometrics AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Precise Biometrics AB (publ)
- Ticker: PREC
- Exchange: OM
- Founded: 1997
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr500.001m
- Shares outstanding: 360.23m
- Website: https://precisebiometrics.com
Number of Employees
- Precise Biometrics AB (publ)
- MobilvAegen 10
- Skåne County
- 223 62
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PBCB||DB (Deutsche Boerse AG)||Yes||Series A Shares||DE||EUR||Jan 2000|
|PREC||OM (OMX Nordic Exchange Stockholm)||Yes||Series A Shares||SE||SEK||Jan 2000|
|0JDU||LSE (London Stock Exchange)||Yes||Series A Shares||GB||SEK||Jan 2000|
|PRBC.F||OTCPK (Pink Sheets LLC)||Yes||Series A Shares||US||USD||Jan 2000|
|PRECS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series A Shares||GB||SEK||Jan 2000|
Precise Biometrics AB (publ) develops and sells biometric authentication solutions for people’s digital identity and fingerprints in mobile phones and smart cards in Sweden, the United States, China, and i ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 21:05|
|End of Day Share Price||2020/08/07 00:00|
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.