Executive Summary
Slitevind AB owns and operates wind power plants in Norway, Finland and Sweden.
Snowflake Analysis
Proven track record and slightly overvalued.
Share Price & News
How has Slitevind's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SLITE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
10.1%
SLITE
7.3%
SE Renewable Energy
11.7%
SE Market
1 Year Return
n/a
SLITE
3.1%
SE Renewable Energy
-9.7%
SE Market
Return vs Industry: Insufficient data to determine how SLITE performed against the Swedish Renewable Energy industry.
Return vs Market: Insufficient data to determine how SLITE performed against the Swedish Market.
Shareholder returns
| SLITE | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.1% | 7.3% | 11.7% |
| 30 Day | -9.1% | -15.4% | -16.3% |
| 90 Day | -29.1% | -11.4% | -21.1% |
| 1 Year | n/a | 6.0%3.1% | -7.1%-9.7% |
| 3 Year | n/a | 54.6%43.5% | 2.2%-12.9% |
| 5 Year | n/a | 55.2%38.1% | 10.1%-13.0% |
Price Volatility Vs. Market
How volatile is Slitevind's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Is Slitevind's (STO:SLITE) P/E Ratio After Its Share Price Tanked?3 weeks ago | Simply Wall St
How Good Is Slitevind AB (STO:SLITE), When It Comes To ROE?1 month ago | Simply Wall St
Have Insiders Sold Slitevind AB (STO:SLITE) Shares Recently?Valuation
Is Slitevind undervalued compared to its fair value and its price relative to the market?
16.2x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SLITE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SLITE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SLITE is good value based on its PE Ratio (16.2x) compared to the Renewable Energy industry average (23.9x).
PE vs Market: SLITE is poor value based on its PE Ratio (16.2x) compared to the Swedish market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SLITE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SLITE is good value based on its PB Ratio (1.2x) compared to the XE Renewable Energy industry average (1.4x).
Next Steps
Future Growth
How is Slitevind forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.7%
Forecasted Utilities 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 Slitevind 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
- Check out Slitevind's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Slitevind competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has Slitevind performed over the past 5 years?
269.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SLITE has high quality earnings.
Growing Profit Margin: SLITE's current net profit margins (15.6%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: SLITE has become profitable over the past 5 years, growing earnings by 0% per year.
Accelerating Growth: Insufficient data to compare SLITE's past year earnings growth to its 5-year average.
Earnings vs Industry: SLITE earnings growth over the past year (269.9%) exceeded the Renewable Energy industry 23.7%.
Return on Equity
High ROE: SLITE's Return on Equity (7.3%) is considered low.
Next Steps
Financial Health
How is Slitevind's financial position?
Financial Position Analysis
Short Term Liabilities: SLITE's short term assets (SEK65.6M) exceed its short term liabilities (SEK61.2M).
Long Term Liabilities: SLITE's short term assets (SEK65.6M) do not cover its long term liabilities (SEK374.0M).
Debt to Equity History and Analysis
Debt Level: SLITE's debt to equity ratio (147.8%) is considered high.
Reducing Debt: SLITE's debt to equity ratio has reduced from 154.2% to 147.8% over the past 5 years.
Debt Coverage: SLITE's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: SLITE's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Inventory Level: SLITE has a high level of physical assets or inventory.
Debt Coverage by Assets: SLITE's debt is not covered by short term assets (assets are 0.2x debt).
Next Steps
Dividend
What is Slitevind's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SLITE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SLITE'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 SLITE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SLITE'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 SLITE'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?
kr315k
CEO Compensation
CEO
Carl Lindahl
no data
Tenure
kr315,000
Compensation
Mr. Carl Fredrick Lindahl serves as the Managing Director of Slitevind AB.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SLITE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: SLITE only recently listed within the past 12 months, with total shares outstanding growing by 11.6% in the past year..
Top Shareholders
Company Information
Slitevind AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Slitevind AB
- Ticker: SLITE
- Exchange: OM
- Founded: 1992
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: kr295.103m
- Shares outstanding: 5.90m
- Website: https://www.slitevind.se
Location
- Slitevind AB
- Adelsgatan 18
- Visby
- Gotland County
- 62111
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SLITE | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | May 2019 |
Biography
Slitevind AB owns and operates wind power plants in Norway, Finland and Sweden. The company was founded in 1992 and is headquartered in Visby Sweden.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 01:38 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.