OM:SLITE

Stock Analysis Report

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

-19.5%

SLITE

-2.9%

SE Renewable Energy

-5.3%

SE Market


1 Year Return

n/a

SLITE

28.0%

SE Renewable Energy

15.2%

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

SLITEIndustryMarket
7 Day-19.5%-2.9%-5.3%
30 Day-11.7%3.9%-2.2%
90 Day-5.2%12.3%3.7%
1 Yearn/a31.6%28.0%19.8%15.2%
3 Yearn/a98.6%83.9%31.7%11.8%
5 Yearn/a94.0%71.7%41.3%11.1%

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

Valuation

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

20.74x

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 (21.1x) compared to the Renewable Energy industry average (27.3x).

PE vs Market: SLITE is poor value based on its PE Ratio (21.1x) compared to the Swedish market (19.1x).


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 (1.6x) compared to the XE Renewable Energy industry average (1.6x).


Next Steps

Future Growth

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

9.5%

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

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 (15.5%) 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 24.4%.


Return on Equity

High ROE: SLITE's Return on Equity (7.3%) is considered low.


Return on Assets


Return on Capital Employed


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 (2.4x 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

companyn/amarketbottom25%1.7%markettop25%4.4%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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 0

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: kr377.732m
  • Shares outstanding: 5.90m
  • Website: https://www.slitevind.se

Location

  • Slitevind AB
  • Adelsgatan 18
  • Visby
  • Gotland County
  • 62111
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLITEOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKMay 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 00:32
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.