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Ovzon

OM:OVZON BTA
Snowflake Description

Exceptional growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OVZON BTA
OM
SEK885M
Market Cap
  1. Home
  2. SE
  3. Telecom
Company description

Ovzon Ab (Publ) provides satellite based broadband services in Sweden and internationally. The last earnings update was 59 days ago. More info.


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OVZON BTA Share Price and Events
7 Day Returns
-
OM:OVZON BTA
-4.8%
SE Telecom
-0%
SE Market
1 Year Returns
-
OM:OVZON BTA
4.4%
SE Telecom
-6.3%
SE Market
OVZON BTA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ovzon (OVZON BTA) - - - - - -
SE Telecom -4.8% -5.3% -3.3% 4.4% -19.8% -10.1%
SE Market -0% 7% 1.2% -6.3% 8.8% 18.4%
1 Year Return vs Industry and Market
  • No trading data on OVZON BTA.
  • No trading data on OVZON BTA.
Price Volatility
Industry
5yr Volatility vs Market

OVZON BTA Value

 Is Ovzon undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ovzon to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ovzon.

OM:OVZON BTA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year SE Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OM:OVZON BTA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 9.6%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.4
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.396 (1 + (1- 22%) (7.97%))
0.42
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (0.8 * 9.57%)
8.09%

Discounted Cash Flow Calculation for OM:OVZON BTA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ovzon is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OM:OVZON BTA DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (SEK, Millions) 44.00 90.00 89.16 88.33 87.51
Source Analyst x1 Analyst x1 Est @ -0.93% Est @ -0.93% Est @ -0.93%
Present Value
Discounted (@ 8.09%)
40.71 77.04 70.61 64.72 59.32
Present value of next 5 years cash flows SEK312.39
OM:OVZON BTA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= SEK87.51 × (1 + 0.43%) ÷ (8.09% – 0.43%)
SEK1,148.48
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= SEK1,148.48 ÷ (1 + 8.09%)5
SEK778.50
OM:OVZON BTA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= SEK312.39 + SEK778.50
SEK1,090.89
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK1,090.89 / 29.69
SEK36.37
OM:OVZON BTA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OM:OVZON BTA represents 0.98993x of OM:OVZON
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98993x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 36.74 x 0.98993
SEK36.37
Value per share (SEK) From above. SEK36.37
Current discount Discount to share price of SEK29.50
= -1 x (SEK29.50 - SEK36.37) / SEK36.37
18.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ovzon is available for.
Intrinsic value
19%
Share price is SEK29.5 vs Future cash flow value of SEK36.37
Current Discount Checks
For Ovzon to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ovzon's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Ovzon's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ovzon's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ovzon's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:OVZON BTA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in SEK SEK-3.96
OM:OVZON Share Price ** OM (2019-01-28) in SEK SEK29.8
Europe Telecom Industry PE Ratio Median Figure of 52 Publicly-Listed Telecom Companies 18.44x
Sweden Market PE Ratio Median Figure of 318 Publicly-Listed Companies 15.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ovzon.

OM:OVZON BTA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:OVZON Share Price ÷ EPS (both in SEK)

= 29.8 ÷ -3.96

-7.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ovzon is loss making, we can't compare its value to the Europe Telecom industry average.
  • Ovzon is loss making, we can't compare the value of its earnings to the Sweden market.
Price based on expected Growth
Does Ovzon's expected growth come at a high price?
Raw Data
OM:OVZON BTA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
70.2%per year
Europe Telecom Industry PEG Ratio Median Figure of 34 Publicly-Listed Telecom Companies 1.88x
Sweden Market PEG Ratio Median Figure of 229 Publicly-Listed Companies 1.08x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ovzon, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ovzon's assets?
Raw Data
OM:OVZON BTA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in SEK SEK8.33
OM:OVZON Share Price * OM (2019-01-28) in SEK SEK29.8
Sweden Telecom Industry PB Ratio Median Figure of 6 Publicly-Listed Telecom Companies 2.93x
Sweden Market PB Ratio Median Figure of 559 Publicly-Listed Companies 2.46x
OM:OVZON BTA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:OVZON Share Price ÷ Book Value per Share (both in SEK)

= 29.8 ÷ 8.33

3.58x

* Primary Listing of Ovzon.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ovzon is overvalued based on assets compared to the SE Telecom industry average.
X
Value checks
We assess Ovzon's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
  5. Ovzon has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OVZON BTA Future Performance

 How is Ovzon expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
70.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ovzon expected to grow at an attractive rate?
  • Ovzon's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Ovzon's earnings growth is expected to exceed the Sweden market average.
  • Ovzon's revenue growth is expected to exceed the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:OVZON BTA Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:OVZON BTA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 70.2%
OM:OVZON BTA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 42%
Sweden Telecom Industry Earnings Growth Rate Market Cap Weighted Average 9.2%
Sweden Telecom Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 10.4%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:OVZON BTA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:OVZON BTA Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,163 371 1
2021-12-31 990 345 1
2020-12-31 425 95 67 2
2019-12-31 278 49 30 2
2018-12-31 210 -15 -27 2
OM:OVZON BTA Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-09-30 208 -27 -25
2018-06-30 205 -28 -23
2018-03-31 198 -2 -4
2017-12-31 201 35 6
2016-12-31 209 21 25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ovzon's earnings are expected to grow significantly at over 20% yearly.
  • Ovzon's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:OVZON BTA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Ovzon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:OVZON BTA Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 4.48 4.48 4.48 1.00
2019-12-31 1.99 1.99 1.99 1.00
2018-12-31 -1.51 -1.51 -1.51 1.00
OM:OVZON BTA Past Financials Data
Date (Data in SEK Millions) EPS *
2018-09-30 -3.96
2018-06-30 -4.15
2018-03-31 -0.90
2017-12-31 1.22
2016-12-31 5.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Ovzon is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Ovzon's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ovzon has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OVZON BTA Past Performance

  How has Ovzon performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ovzon's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ovzon does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Ovzon's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ovzon's 1-year growth to the Europe Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Ovzon's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ovzon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:OVZON BTA Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 208.02 -24.86 74.96
2018-06-30 204.60 -22.53 70.79
2018-03-31 198.19 -4.48 50.73
2017-12-31 201.05 6.10 39.77
2016-12-31 209.22 25.14 30.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ovzon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ovzon has efficiently used its assets last year compared to the Europe Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ovzon improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ovzon's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ovzon has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OVZON BTA Health

 How is Ovzon's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ovzon's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ovzon is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ovzon's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ovzon's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ovzon Company Filings, last reported 3 months ago.

OM:OVZON BTA Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 69.98 70.52 103.92
2018-06-30 67.27 71.29 97.14
2018-03-31 -131.40 173.66 22.10
2017-12-31 -120.56 184.50 49.67
2016-12-31 -135.33 178.92 24.53
  • Ovzon's level of debt (100.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if Ovzon's debt level has increased without past 5-year debt data.
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.

  • Whilst loss making Ovzon has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Ovzon has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess Ovzon's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ovzon has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OVZON BTA Dividends

 What is Ovzon's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ovzon dividends. Estimated to be 0% next year.
If you bought SEK2,000 of Ovzon shares you are expected to receive SEK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ovzon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ovzon's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:OVZON BTA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Telecom Industry Average Dividend Yield Market Cap Weighted Average of 50 Stocks 4.9%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 242 Stocks 3.7%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.1%
Sweden Bottom 25% Dividend Yield 25th Percentile 2%
Sweden Top 25% Dividend Yield 75th Percentile 4.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OM:OVZON BTA Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ovzon has not reported any payouts.
  • Unable to verify if Ovzon's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ovzon's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ovzon has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Ovzon's dividends in 3 years as they are not expected to pay a notable one for Sweden.
X
Income/ dividend checks
We assess Ovzon's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ovzon afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ovzon has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OVZON BTA Management

 What is the CEO of Ovzon's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Per Wahlberg
AGE 52
CEO Bio

Mr. Per Wahlberg serves as Chief Executive Officer of Ovzon AB (publ). Mr. Wahlberg serves as Vice President and Board Member of OverHorizon AB. He Founder and Board Member of Etheron AB. He was a Satellite Operator and Project Manager at Swedish Space Corporation. He was Co-Founder of Swe-Dish Satellite Systems. He served as Director of Ovzon AB (publ) fromm 2007 to May 2018. Mr. Wahlberg studied History of Science and Ideas at Umeå University, radio link technician, Swedish Airforce tele-technical school and Tele-technical upper secondary school.

CEO Compensation
  • Insufficient data for Per to compare compensation growth.
  • Insufficient data for Per to establish whether their remuneration is reasonable compared to companies of similar size in Sweden.
Management Team

Lennart Hällkvist

TITLE
Chairman of the board & COO
AGE
67

Per Wahlberg

TITLE
Chief Executive Officer
AGE
52

Johan Brandt

TITLE
Chief Financial Officer
AGE
44
TENURE
0.3 yrs

Kennet Lejnell

TITLE
CTO & Director
AGE
50

Rolf Olofsson

TITLE
Chief Legal Officer
AGE
71

Jim Gerow

TITLE
President of OverHorizon LLC
AGE
57

Pål Ekberg

TITLE
Chief Executive Officer of OverHorizon LLC
AGE
46

Thomas Buhre

TITLE
Consultant
AGE
63
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Ovzon board of directors in years:

0.7
Average Tenure
55
Average Age
  • The average tenure for the Ovzon board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lennart Hällkvist

TITLE
Chairman of the board & COO
AGE
67
TENURE
12 yrs

Kennet Lejnell

TITLE
CTO & Director
AGE
50
TENURE
12 yrs

Patrik Tigerschiöld

TITLE
Director
AGE
54
TENURE
0.7 yrs

Nicklas Paulson

TITLE
Director
AGE
48
TENURE
0.7 yrs

Magnus René

TITLE
Director
AGE
56
TENURE
0.7 yrs

Peter Näslund

TITLE
Director
AGE
56
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
X
Management checks
We assess Ovzon's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ovzon has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OVZON BTA News

Simply Wall St News

OVZON BTA Company Info

Map
Description

Ovzon Ab (Publ) provides satellite based broadband services in Sweden and internationally. Its services are used in live broadcast, wildlife preservation, drone operations, border security, and disaster management applications, as well as in government and defense sectors. The company was founded in 2006 and is headquartered in Solna, Sweden. Ovzon Ab (Publ) is a subsidiary of Overhorizon (Cyprus) PLC.

Details
Name: Ovzon AB (publ)
OVZON BTA
Exchange: OM
Founded: 2006
SEK884,806,789
29,691,503
Website: http://www.ovzon.com
Address: Ovzon AB (publ)
Vretenvagen 8,
PO Box 6069,
Solna,
Stockholm County, 171 06,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM OVZON Class A Shares OMX Nordic Exchange Stockholm SE SEK 18. May 2018
OM OVZON BTA SHS OMX Nordic Exchange Stockholm SE SEK 21. Jan 2019
Number of employees
Current staff
Staff numbers
18
Ovzon employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/28 23:54
End of day share price update: 2019/01/28 00:00
Last estimates confirmation: 2019/01/28
Last earnings filing: 2018/11/30
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.