Ovzon AB (publ) provides satellite based mobile broadband services in Sweden and internationally.
Flawless balance sheet with high growth potential.
Share Price & News
How has Ovzon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OVZON has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OVZON underperformed the Swedish Telecom industry which returned -16.5% over the past year.
Return vs Market: OVZON underperformed the Swedish Market which returned 16.5% over the past year.
Price Volatility Vs. Market
How volatile is Ovzon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDeclining Stock and Decent Financials: Is The Market Wrong About Ovzon AB (publ) (STO:OVZON)?
3 weeks ago | Simply Wall StWe're Not So Sure You Should Rely on Ovzon's (STO:OVZON) Statutory Earnings
1 month ago | Simply Wall StSome Ovzon (STO:OVZON) Shareholders Are Down 16%
Is Ovzon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OVZON (SEK50.4) is trading below our estimate of fair value (SEK964.16)
Significantly Below Fair Value: OVZON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OVZON is poor value based on its PE Ratio (39.4x) compared to the SE Telecom industry average (35.1x).
PE vs Market: OVZON is poor value based on its PE Ratio (39.4x) compared to the Swedish market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: OVZON is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: OVZON's PB Ratio (1.9x) is in line with the SE Telecom industry average.
How is Ovzon forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OVZON's forecast earnings growth (93.4% per year) is above the savings rate (0.5%).
Earnings vs Market: OVZON's earnings (93.4% per year) are forecast to grow faster than the Swedish market (19.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OVZON's revenue (61.5% per year) is forecast to grow faster than the Swedish market (6.3% per year).
High Growth Revenue: OVZON's revenue (61.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OVZON's Return on Equity is forecast to be low in 3 years time (7.8%).
How has Ovzon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OVZON has a high level of non-cash earnings.
Growing Profit Margin: OVZON's current net profit margins (16.9%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: OVZON's earnings have grown significantly by 44.2% per year over the past 5 years.
Accelerating Growth: OVZON's earnings growth over the past year (290.4%) exceeds its 5-year average (44.2% per year).
Earnings vs Industry: OVZON earnings growth over the past year (290.4%) exceeded the Telecom industry 21.6%.
Return on Equity
High ROE: OVZON's Return on Equity (4.6%) is considered low.
How is Ovzon's financial position?
Financial Position Analysis
Short Term Liabilities: OVZON's short term assets (SEK395.0M) exceed its short term liabilities (SEK134.1M).
Long Term Liabilities: OVZON's short term assets (SEK395.0M) exceed its long term liabilities (SEK7.1M).
Debt to Equity History and Analysis
Debt Level: OVZON is debt free.
Reducing Debt: OVZON had no debt 5 years ago.
Debt Coverage: OVZON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OVZON has no debt, therefore coverage of interest payments is not a concern.
What is Ovzon current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OVZON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OVZON'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 OVZON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OVZON'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 OVZON's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Magnus René (58 yo)
Mr. Magnus René has been Deputy Chairman of Supervisory Board at SLM Solutions Group AG since September 6, 2019. He served as a Director of Integrum Ab (Publ) until November 2019. Mr. René has been Directo ...
CEO Compensation Analysis
Compensation vs Market: Magnus's total compensation ($USD420.55K) is about average for companies of similar size in the Swedish market ($USD463.03K).
Compensation vs Earnings: Magnus's compensation has increased by more than 20% in the past year.
|CEO & Director||1.25yrs||kr3.66m||0.22% |
|Chief Financial Officer||1.92yrs||no data||0.11% |
|Chief Technology Officer||no data||kr1.36m||0.54% |
|Executive Vice President of Business Development||1.25yrs||kr2.03m||0.97% |
|Executive Vice President of Key Accounts||no data||no data||0.12% |
|Executive Vice President of Satellite Operations||no data||no data||0.18% |
|Consultant||1.92yrs||no data||no data|
Experienced Management: OVZON's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|CEO & Director||1.25yrs||kr3.66m||0.22% |
|Independent Chairman of the Board||1.33yrs||kr300.00k||no data|
|Independent Director||2.25yrs||kr150.00k||0.52% |
|Independent Director||2.25yrs||kr150.00k||0.026% |
|Director||0.33yr||no data||no data|
|Director||0.33yr||no data||no data|
Experienced Board: OVZON's board of directors are not considered experienced ( 1.8 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.5%.
Ovzon AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Ovzon AB (publ)
- Ticker: OVZON
- Exchange: OM
- Founded: 2006
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: kr1.955b
- Shares outstanding: 38.80m
- Website: https://www.ovzon.com
Number of Employees
- Ovzon AB (publ)
- Anderstorpsvägen 10
- Stockholm County
- 171 54
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OVZON||OM (OMX Nordic Exchange Stockholm)||Yes||Class A Shares||SE||SEK||May 2018|
Ovzon AB (publ) provides satellite based mobile broadband services in Sweden and internationally. Its services are used in live broadcast, wildlife preservation, drone operation, border security, and disas ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 21:49|
|End of Day Share Price||2020/08/06 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.