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
Rewards
Risk Analysis
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 B | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | -2.2% | 1.1% |
| 30 Day | -6.0% | -2.7% | 2.6% |
| 90 Day | 39.7% | 0.2% | 10.0% |
| 1 Year | 11.1%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
2 months ago | Simply Wall St
How Much Are TagMaster AB (publ) (STO:TAGM B) Insiders Taking Off The Table?3 months ago | Simply Wall St
Is TagMaster (STO:TAGM B) Weighed On By Its Debt Load?4 months ago | Simply Wall St
What Does TagMaster's (STO:TAGM B) CEO Pay Reveal?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
- Examine whether TagMaster is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- TagMaster competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.42yrs | kr3.89m | 1.5% SEK 5.3m | |
| Chief Financial Officer | 4.83yrs | no data | 0.14% SEK 497.7k | |
| Chief Technology Officer | no data | no data | 0.034% SEK 118.1k | |
| Marketing Director | 1.58yrs | no data | no data | |
| Managing Director of CA Traffic | 3.58yrs | no data | no data | |
| Managing Director of Magsys SA | no data | no data | no data | |
| President & COO of Sensys Networks | no data | no data | no data | |
| CEO of Sensys Networks Inc. | no data | no data | no data | |
| Executive Officer | no data | no data | no data | |
| Consultant | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.42yrs | kr3.89m | 1.5% SEK 5.3m | |
| Independent Director | 1.17yrs | no data | no data | |
| Independent Chairman | 9.17yrs | kr350.00k | 0.71% SEK 2.5m | |
| Director | 9.17yrs | kr125.00k | 13.65% SEK 48.0m | |
| Independent Director | 1.67yrs | kr125.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TAGM B | OM (OMX Nordic Exchange Stockholm) | Yes | Class B Shares | SE | SEK | Mar 2001 |
| 2I4 | DB (Deutsche Boerse AG) | Yes | Class B Shares | DE | EUR | Mar 2001 |
| TAGM.F | OTCPK (Pink Sheets LLC) | Yes | Class B Shares | US | USD | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 18:50 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.