OM:SEYE

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Executive Summary

Smart Eye AB (publ) develops artificial intelligence powered eye-tracking technology that understands, assists, and predicts human intentions and actions in Sweden and internationally. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

How has Smart Eye's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SEYE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.5%

SEYE

-3.4%

SE Electronic

-5.6%

SE Market


1 Year Return

64.6%

SEYE

30.3%

SE Electronic

7.3%

SE Market

Return vs Industry: SEYE exceeded the Swedish Electronic industry which returned 29.8% over the past year.

Return vs Market: SEYE exceeded the Swedish Market which returned 6.9% over the past year.


Shareholder returns

SEYEIndustryMarket
7 Day-11.5%-3.4%-5.6%
30 Day25.4%-4.6%-5.8%
90 Day58.2%13.6%2.3%
1 Year64.6%64.6%30.6%30.3%9.3%7.3%
3 Year264.3%264.3%56.6%51.8%22.6%9.4%
5 Yearn/a75.3%64.4%46.6%18.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Smart Eye undervalued compared to its fair value and its price relative to the market?

10.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SEYE (SEK161) is trading above our estimate of fair value (SEK61.33)

Significantly Below Fair Value: SEYE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SEYE is unprofitable, so we can't compare its PE Ratio to the SE Electronic industry average.

PE vs Market: SEYE 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 SEYE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SEYE is overvalued based on its PB Ratio (10.6x) compared to the SE Electronic industry average (3.7x).


Next Steps

Future Growth

How is Smart Eye forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

61.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEYE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SEYE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SEYE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SEYE's revenue (60.6% per year) is forecast to grow faster than the Swedish market (3% per year).

High Growth Revenue: SEYE's revenue (60.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SEYE is forecast to be unprofitable in 3 years.


Next Steps

  • Explore growth companies in the Tech industry.

Past Performance

How has Smart Eye performed over the past 5 years?

-51.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEYE is currently unprofitable.

Growing Profit Margin: SEYE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SEYE is unprofitable, and losses have increased over the past 5 years at a rate of 51.6% per year.

Accelerating Growth: Unable to compare SEYE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SEYE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-2.9%).


Return on Equity

High ROE: SEYE has a negative Return on Equity (-46.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is Smart Eye's financial position?


Financial Position Analysis

Short Term Liabilities: SEYE's short term assets (SEK144.0M) exceed its short term liabilities (SEK38.3M).

Long Term Liabilities: SEYE's short term assets (SEK144.0M) exceed its long term liabilities (SEK1.7M).


Debt to Equity History and Analysis

Debt Level: SEYE's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: SEYE's debt to equity ratio has reduced from 116.7% to 1.4% over the past 5 years.


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: SEYE has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SEYE is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Smart Eye current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SEYE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SEYE'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 SEYE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SEYE'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 SEYE'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?

3.8yrs

Average management tenure


CEO

Martin Krantz (49 yo)

no data

Tenure

Mr. Martin Krantz is a Founder and serves as Chief Executive Officer of Smart Eye AB (publ). Mr. Krantz holds a degree in Engineering Physics from Chalmers University of Technology.


Leadership Team

NamePositionTenureCompensationOwnership
Martin Krantz
Founder & CEOno datano data5.17%
SEK 138.3m
Anders Lyrheden
CFO & Head of IR3yrsno data0.16%
SEK 4.3m
Martin Rydberg
Chief Technology Officer20.75yrsno data0.25%
SEK 6.7m
Henrik Lind
Chief Risk Officer3.75yrsno data0.00090%
SEK 24.1k

3.8yrs

Average Tenure

52yo

Average Age

Experienced Management: SEYE's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lars Olofsson
Independent Vice Chairman of the Board3.75yrskr256.00k0.27%
SEK 7.2m
Eva Elmstedt
Independent Director1.75yrskr88.00k0.033%
SEK 885.5k
Magnus Jonsson
Independent Director6.75yrskr130.00k0.018%
SEK 483.0k
Anders Jöfelt
Independent Chairmanno datakr246.00k5.19%
SEK 139.0m
Mats Krantz
Independent Director21.75yrskr130.00k7.01%
SEK 187.6m
Cecilia Wachtmeister
Independent Director1.75yrskr88.00k0.033%
SEK 885.5k

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: SEYE's board of directors are considered experienced (3.8 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 been diluted in the past year, with total shares outstanding growing by 10%.


Top Shareholders

Company Information

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


Key Information

  • Name: Smart Eye AB (publ)
  • Ticker: SEYE
  • Exchange: OM
  • Founded: 1999
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr2.678b
  • Shares outstanding: 16.63m
  • Website: https://www.smarteye.se

Number of Employees


Location

  • Smart Eye AB (publ)
  • Första Långgatan 28B
  • Gothenburg
  • Västra Götaland County
  • 413 27
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEYEOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKDec 2016
SE9DB (Deutsche Boerse AG)YesShare CapitalDEEURDec 2016

Biography

Smart Eye AB (publ) develops artificial intelligence powered eye-tracking technology that understands, assists, and predicts human intentions and actions in Sweden and internationally. The company’s resear ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 20:36
End of Day Share Price2020/10/30 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.