OM:TAGM B

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Executive Summary

TagMaster AB (publ), a technology company, develops and sells advanced sensor systems and solutions based on radio, radar, magnetic and camera technologies under the TagMaster, CitySync, Balogh, CA Traffic, Magsys, Hikob, and Sensys Networks brand names. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TAGM B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: TAGM B's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

3.2%

TAGM B

-2.2%

SE Communications

1.1%

SE Market


1 Year Return

11.1%

TAGM B

40.5%

SE Communications

28.3%

SE Market

Return vs Industry: TAGM B underperformed the Swedish Communications industry which returned 43.9% over the past year.

Return vs Market: TAGM B underperformed the Swedish Market which returned 28.2% over the past year.


Shareholder returns

TAGM BIndustryMarket
7 Day3.2%-2.2%1.1%
30 Day-6.0%-2.7%2.6%
90 Day39.7%0.2%10.0%
1 Year11.1%11.1%42.8%40.5%31.3%28.3%
3 Year-44.4%-49.8%91.3%82.5%56.6%37.4%
5 Year-6.6%-21.8%53.4%37.5%90.6%49.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TAGM B (SEK0.96) is trading below our estimate of fair value (SEK3.38)

Significantly Below Fair Value: TAGM B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TAGM B is unprofitable, so we can't compare its PE Ratio to the XE Communications industry average.

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


Price to Book Ratio

PB vs Industry: TAGM B is good value based on its PB Ratio (2x) compared to the SE Communications industry average (2.6x).


Next Steps

Future Growth

How is TagMaster forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.1%

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 TagMaster 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.


Next Steps

Past Performance

How has TagMaster performed over the past 5 years?

-57.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAGM B is currently unprofitable.

Growing Profit Margin: TAGM B is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TAGM B is unprofitable, and losses have increased over the past 5 years at a rate of 57.5% per year.

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

Earnings vs Industry: TAGM B is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (3.6%).


Return on Equity

High ROE: TAGM B has a negative Return on Equity (-11.46%), as it is currently unprofitable.


Next Steps

Financial Health

How is TagMaster's financial position?


Financial Position Analysis

Short Term Liabilities: TAGM B's short term assets (SEK146.8M) exceed its short term liabilities (SEK84.6M).

Long Term Liabilities: TAGM B's short term assets (SEK146.8M) exceed its long term liabilities (SEK56.8M).


Debt to Equity History and Analysis

Debt Level: TAGM B's debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TAGM B's debt to equity ratio has reduced 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: Whilst unprofitable TAGM B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TAGM B is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.4% per year.


Next Steps

Dividend

What is TagMaster current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TAGM B'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 TAGM B'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?

4.2yrs

Average management tenure


CEO

Jonas Svensson (58 yo)

8.42yrs

Tenure

kr3,893,000

Compensation

Mr. Jonas Svensson has been the Chief Executive Officer of TagMaster AB (publ) since October 1, 2012 and has been its Director since September 2020. Mr. Svensson has experiences from big as well as from sm...


CEO Compensation Analysis

Compensation vs Market: Jonas's total compensation ($USD462.37K) is above average for companies of similar size in the Swedish market ($USD246.48K).

Compensation vs Earnings: Jonas's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jonas Svensson
CEO & Director8.42yrskr3.89m1.5%
SEK 5.3m
Margaretha Narström
Chief Financial Officer4.83yrsno data0.14%
SEK 497.7k
Johan Franzén
Chief Technology Officerno datano data0.034%
SEK 118.1k
Peter Almgren
Marketing Director1.58yrsno datano data
Bernard Greene
Managing Director of CA Traffic3.58yrsno datano data
Jean-Marc Coutellier
Managing Director of Magsys SAno datano datano data
Brian Fuller
President & COO of Sensys Networksno datano datano data
Amine Haoui
CEO of Sensys Networks Inc.no datano datano data
Gyllenros Mattias
Executive Officerno datano datano data
Hans Henriksen
Consultantno datano datano data

4.2yrs

Average Tenure

55.5yo

Average Age

Experienced Management: TAGM B's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonas Svensson
CEO & Director8.42yrskr3.89m1.5%
SEK 5.3m
Margareta Hagman
Independent Director1.17yrsno datano data
Rolf Norberg
Independent Chairman9.17yrskr350.00k0.71%
SEK 2.5m
Gert Sviberg
Director9.17yrskr125.00k13.65%
SEK 48.0m
Juan Vallejo
Independent Director1.67yrskr125.00kno data

1.7yrs

Average Tenure

58yo

Average Age

Experienced Board: TAGM B's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: TagMaster AB (publ)
  • Ticker: TAGM B
  • Exchange: OM
  • Founded: 1994
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: kr351.541m
  • Shares outstanding: 366.19m
  • Website: https://www.tagmaster.com

Number of Employees


Location

  • TagMaster AB (publ)
  • Kronborgsgränd 11
  • Kista
  • Stockholm County
  • 164 46
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TAGM BOM (OMX Nordic Exchange Stockholm)YesClass B SharesSESEKMar 2001
2I4DB (Deutsche Boerse AG)YesClass B SharesDEEURMar 2001
TAGM.FOTCPK (Pink Sheets LLC)YesClass B SharesUSUSDMar 2001

Biography

TagMaster AB (publ), a technology company, develops and sells advanced sensor systems and solutions based on radio, radar, magnetic and camera technologies under the TagMaster, CitySync, Balogh, CA Traffic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 18:50
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.