Slitevind AB owns and operates wind power plants in Norway, Finland and Sweden. More Details
Questionable track record and 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 has not had significant price volatility in the past 3 months.
7 Day Return
SE Renewable Energy
1 Year Return
SE Renewable Energy
Return vs Industry: SLITE underperformed the Swedish Renewable Energy industry which returned 35.4% over the past year.
Return vs Market: SLITE underperformed the Swedish Market which returned 17.2% over the past year.
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
22 hours ago | Simply Wall StSlitevind AB (STO:SLITE) Delivered A Weaker ROE Than Its Industry
3 weeks ago | Simply Wall StHere’s What’s Happening With Returns At Slitevind (STO:SLITE)
1 month ago | Simply Wall StHave Insiders Been Selling Slitevind AB (STO:SLITE) Shares This Year?
Is Slitevind undervalued compared to its fair value and its price relative to the market?
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 poor value based on its PE Ratio (46.6x) compared to the XE Renewable Energy industry average (27.4x).
PE vs Market: SLITE is poor value based on its PE Ratio (46.6x) compared to the Swedish market (23.2x).
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 (1.5x) compared to the SE Renewable Energy industry average (1.9x).
How is Slitevind forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of SLITE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Slitevind competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Slitevind performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SLITE has high quality earnings.
Growing Profit Margin: SLITE's current net profit margins (7.2%) are lower than last year (18.4%).
Past Earnings Growth Analysis
Earnings Trend: SLITE has become profitable over the past 5 years.
Accelerating Growth: SLITE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SLITE had negative earnings growth (-62%) over the past year, making it difficult to compare to the Renewable Energy industry average (20.4%).
Return on Equity
High ROE: SLITE's Return on Equity (3.7%) is considered low.
How is Slitevind's financial position?
Financial Position Analysis
Short Term Liabilities: SLITE's short term assets (SEK34.1M) do not cover its short term liabilities (SEK51.7M).
Long Term Liabilities: SLITE's short term assets (SEK34.1M) do not cover its long term liabilities (SEK361.0M).
Debt to Equity History and Analysis
Debt Level: SLITE's debt to equity ratio (141.2%) is considered high.
Reducing Debt: SLITE's debt to equity ratio has reduced from 162.9% to 141.2% over the past 5 years.
Debt Coverage: SLITE's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: SLITE's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Slitevind 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 recent payouts.
High Dividend: Unable to evaluate SLITE'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 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jonas Dahlström (47 yo)
Mr. Jonas Dahlström serves as Chief Executive Officer of Slitevind AB since 2015 and also serves as its Director since 2014.
|Managing Director||no data||kr315.00k||3.69% |
|CEO & Director||5.75yrs||no data||0.084% |
|no data||no data||2.62% |
|Chief Financial Officer||1.75yrs||no data||no data|
|Technology Manager||4.75yrs||no data||no data|
Experienced Management: SLITE's management team is considered experienced (4.8 years average tenure).
|CEO & Director||5.75yrs||no data||0.084% |
|Independent Chairman of the Board||5.75yrs||no data||0.027% |
|Independent Director||3.75yrs||no data||2.35% |
|Independent Director||0.75yr||no data||no data|
|Independent Director||11.75yrs||no data||0.60% |
|Director||3.75yrs||no data||38.42% |
|Independent Director||10.75yrs||no data||2.05% |
Experienced Board: SLITE's board of directors are considered experienced (5.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.
Slitevind AB's company bio, employee growth, exchange listings and data sources
- Name: Slitevind AB
- Ticker: SLITE
- Exchange: OM
- Founded: 1992
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: kr336.418m
- Shares outstanding: 5.90m
- Website: https://www.slitevind.se
Number of Employees
- Slitevind AB
- Adelsgatan 18
- Gotland County
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SLITE||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||May 2019|
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||2020/10/20 21:28|
|End of Day Share Price||2020/10/20 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.