OM:WIFOG

Stock Analysis Report

Executive Summary

Wifog Holding AB (publ) provides mobile subscription services in Sweden.

Rewards

Earnings have grown 24.8% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (SEK8M)

Does not have a meaningful market cap (SEK11M)

+ 2 more risks


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: WIFOG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-13.5%

WIFOG

-4.5%

SE Wireless Telecom

1.0%

SE Market


1 Year Return

-67.8%

WIFOG

-8.8%

SE Wireless Telecom

22.5%

SE Market

Return vs Industry: WIFOG underperformed the Swedish Wireless Telecom industry which returned -8.8% over the past year.

Return vs Market: WIFOG underperformed the Swedish Market which returned 22.5% over the past year.


Shareholder returns

WIFOGIndustryMarket
7 Day-13.5%-4.5%1.0%
30 Day95.7%-7.3%0.6%
90 Day32.4%-4.9%8.4%
1 Year-67.8%-67.8%-4.4%-8.8%27.6%22.5%
3 Year-99.6%-99.7%-0.5%-16.6%34.2%13.7%
5 Yearn/a-0.3%-25.7%61.8%27.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WIFOG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WIFOG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WIFOG is unprofitable, so we can't compare its PE Ratio to the Wireless Telecom industry average.

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


Price to Book Ratio

PB vs Industry: WIFOG is good value based on its PB Ratio (0.7x) compared to the XE Wireless Telecom industry average (1.5x).


Next Steps

Future Growth

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

19.3%

Forecasted Telecom 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 Wifog Holding 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 Wifog Holding performed over the past 5 years?

24.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WIFOG is currently unprofitable.

Growing Profit Margin: WIFOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WIFOG is unprofitable, but has reduced losses over the past 5 years at a rate of 24.8% per year.

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

Earnings vs Industry: WIFOG is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (14.3%).


Return on Equity

High ROE: WIFOG has a negative Return on Equity (-71.1%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Wifog Holding's financial position?


Financial Position Analysis

Short Term Liabilities: WIFOG's short term assets (SEK16.5M) exceed its short term liabilities (SEK11.3M).

Long Term Liabilities: WIFOG's short term assets (SEK16.5M) exceed its long term liabilities (SEK807.0K).


Debt to Equity History and Analysis

Debt Level: WIFOG's debt to equity ratio (4.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if WIFOG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: WIFOG has a low level of unsold assets or inventory.

Debt Coverage by Assets: WIFOG's debt is covered by short term assets (assets are 20.4x debt).


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: WIFOG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WIFOG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -3.3% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.7%industryaverage5.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate WIFOG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WIFOG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WIFOG'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 WIFOG's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

0.9yrs

Average board tenure


CEO

Martin Litborn (34yo)

1.3yrs

Tenure

0

Mr. Martin Litborn serves as the Chief Executive Officer of Wifog Holding AB (publ) since August 2018. He holds Bachelor of Arts Organization from Stockholm University.He is a Board member of Lifeclean Int ...


Board Age and Tenure

0.9yrs

Average Tenure

49yo

Average Age

Experienced Board: WIFOG's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: WIFOG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buykr400,12224 Oct 19
Fredrik Crafoord
EntityIndividual
Role
Chairman of the Board
Chairman
Shares50,000,000
Max Pricekr0.008

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1850.7%.


Management Team

  • Jesper Henrysson

    Head of Investor Relations

    • Tenure: 0yrs
  • Martin Litborn (34yo)

    Chief Executive Officer

    • Tenure: 1.3yrs

Board Members

  • Tommy Carlstedt (49yo)

    Director

    • Tenure: 0.08yrs
  • Fredrik Crafoord (50yo)

    Chairman

    • Tenure: 0.9yrs
  • Jonas Litborn (41yo)

    Director

    • Tenure: 0.9yrs

Company Information

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


Key Information

  • Name: Wifog Holding AB (publ)
  • Ticker: WIFOG
  • Exchange: OM
  • Founded:
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: kr11.342m
  • Shares outstanding: 540.07m
  • Website: https://www.wifog.com

Location

  • Wifog Holding AB (publ)
  • Grev Tureagatan 72a
  • Stockholm
  • Stockholm County
  • 114 38
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WIFOGOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKSep 2015

Biography

Wifog Holding AB (publ) provides mobile subscription services in Sweden. The company is based in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/07 21:29
End of Day Share Price2019/12/06 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.