NETM B Stock Overview
Netmore Group AB (publ) provides communications solutions for properties.
+ 1 more risk
Netmore Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr1.85|
|52 Week High||kr2.60|
|52 Week Low||kr0.85|
|1 Month Change||19.36%|
|3 Month Change||21.31%|
|1 Year Change||15.92%|
|3 Year Change||71.30%|
|5 Year Change||-56.47%|
|Change since IPO||-66.67%|
Recent News & Updates
|NETM B||SE Wireless Telecom||SE Market|
Return vs Industry: NETM B exceeded the Swedish Wireless Telecom industry which returned -15.1% over the past year.
Return vs Market: NETM B exceeded the Swedish Market which returned -27.6% over the past year.
|NETM B volatility|
|NETM B Average Weekly Movement||14.9%|
|Wireless Telecom Industry Average Movement||4.2%|
|Market Average Movement||6.9%|
|10% most volatile stocks in SE Market||11.6%|
|10% least volatile stocks in SE Market||4.3%|
Stable Share Price: NETM B is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: NETM B's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
Netmore Group AB (publ) provides communications solutions for properties. The company delivers and operates secure network solution to enable broadband services for tenants; provides connectivity solution for IoT devices. It also offers open access for 4G and 5G networks for properties; and sim cards.
Netmore Group Fundamentals Summary
|NETM B fundamental statistics|
Is NETM B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NETM B income statement (TTM)|
|Cost of Revenue||kr66.03m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.20|
|Net Profit Margin||-131.14%|
How did NETM B perform over the long term?See historical performance and comparison
Is NETM B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NETM B?
Other financial metrics that can be useful for relative valuation.
|What is NETM B's n/a Ratio?|
Price to Sales Ratio vs Peers
How does NETM B's PS Ratio compare to its peers?
|NETM B PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
BRE2 Bredband2 i Skandinavien
MYBEAT My Beat
TRANS Transtema Group
TEL2 B Tele2
NETM B Netmore Group
Price-To-Sales vs Peers: NETM B is expensive based on its Price-To-Sales Ratio (12.4x) compared to the peer average (1.1x).
Price to Earnings Ratio vs Industry
How does NETM B's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?
Price-To-Sales vs Industry: NETM B is expensive based on its Price-To-Sales Ratio (12.4x) compared to the Global Wireless Telecom industry average (1.3x)
Price to Sales Ratio vs Fair Ratio
What is NETM B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||12.4x|
|Fair PS Ratio||5x|
Price-To-Sales vs Fair Ratio: NETM B is expensive based on its Price-To-Sales Ratio (12.4x) compared to the estimated Fair Price-To-Sales Ratio (5x).
Share Price vs Fair Value
What is the Fair Price of NETM B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NETM B (SEK1.85) is trading below our estimate of fair value (SEK8.01)
Significantly Below Fair Value: NETM B is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Netmore Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NETM B is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NETM B is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NETM B is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NETM B's revenue (52.8% per year) is forecast to grow faster than the Swedish market (10.8% per year).
High Growth Revenue: NETM B's revenue (52.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NETM B is forecast to be unprofitable in 3 years.
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How has Netmore Group performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NETM B is currently unprofitable.
Growing Profit Margin: NETM B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NETM B is unprofitable, and losses have increased over the past 5 years at a rate of 29.3% per year.
Accelerating Growth: Unable to compare NETM B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NETM B is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (44.6%).
Return on Equity
High ROE: NETM B has a negative Return on Equity (-61.36%), as it is currently unprofitable.
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How is Netmore Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: NETM B's short term assets (SEK90.2M) exceed its short term liabilities (SEK28.3M).
Long Term Liabilities: NETM B's short term assets (SEK90.2M) exceed its long term liabilities (SEK4.7M).
Debt to Equity History and Analysis
Debt Level: NETM B is debt free.
Reducing Debt: NETM B has no debt compared to 5 years ago when its debt to equity ratio was 28.3%.
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: NETM B has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NETM B has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is Netmore Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Netmore Group Dividend Yield vs Market|
|Company (Netmore Group)||n/a|
|Market Bottom 25% (SE)||1.8%|
|Market Top 25% (SE)||6.1%|
|Industry Average (Wireless Telecom)||7.9%|
|Analyst forecast in 3 Years (Netmore Group)||n/a|
Notable Dividend: Unable to evaluate NETM 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 NETM 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 NETM B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NETM B's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NETM B has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ove Anebygd (60 yo)
Mr. Ove Anebygd is Chief Executive Officer at Netmore Group AB (publ) since September 2020. He has been Chief Executive Officer of Qvantel Oy since January 2017. Mr. Anebygd joined Qvantel from Ericsson, w...
Experienced Management: NETM B's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: NETM B's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
|02 Jun 22||Buykr3||Buildroid Invest AB||Company||2||kr1.51|
|20 May 22||Buykr8,441,084||Buildroid Invest AB||Company||5,477,666||kr1.54|
|20 May 22||Sellkr196,870,153||Buildroid Invest AB||Company||127,044,271||kr1.55|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.6%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Netmore Group AB (publ)'s employee growth, exchange listings and data sources
- Name: Netmore Group AB (publ)
- Ticker: NETM B
- Exchange: OM
- Founded: 2010
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Implied Market Cap: kr584.849m
- Shares outstanding: 316.13m
- Website: https://netmoregroup.com
Number of Employees
- Netmore Group AB (publ)
- Liljeholmsstranden 5
- Stockholm County
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NETM B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B shares||SE||SEK||Jul 2017|
|98B||DB (Deutsche Boerse AG)||Yes||Series B shares||DE||EUR||Jul 2017|
|NETM BTA B 1||OM (OMX Nordic Exchange Stockholm)||SER'B'NPV BTA 122021||SE||SEK||Nov 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/09/30 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.