OTCPK:OBDC.F

Stock Analysis Report

Executive Summary

Obducat AB (publ) develops and supplies lithography solutions for the use in the production and replication of micro and nanostructures.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OBDC.F

1.7%

US Semiconductor

1.0%

US Market


1 Year Return

n/a

OBDC.F

19.8%

US Semiconductor

6.7%

US Market

Return vs Industry: Insufficient data to determine how OBDC.F performed against the US Semiconductor industry.

Return vs Market: Insufficient data to determine how OBDC.F performed against the US Market.


Share holder returns

OBDC.FIndustryMarket
7 Day0%1.7%1.0%
30 Day0%-1.5%-1.8%
90 Dayn/a4.9%-1.8%
1 Yearn/a22.1%19.8%9.1%6.7%
3 Yearn/a80.8%70.1%46.1%36.6%
5 Year-66.2%-66.2%143.0%118.0%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Obducat undervalued based on future cash flows and its price relative to the stock market?

11.05x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate OBDC.F's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate OBDC.F's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: OBDC.F is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: OBDC.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate OBDC.F's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: OBDC.F is overvalued based on its PB Ratio (11.1x) compared to the US Semiconductor industry average (2.6x).


Next Steps

Future Growth

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

19.1%

Forecasted Semiconductors 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 Obducat 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

  • Take a look at our analysis of OBDC.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Obducat's filings and announcements here.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has Obducat performed over the past 5 years?

-29.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OBDC.F is unprofitable, and losses have increased over the past 5 years at a rate of -29.7% per year.

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

Earnings vs Industry: OBDC.F is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).


Return on Equity

High ROE: OBDC.F has a negative Return on Equity (-134.78%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: OBDC.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: OBDC.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Obducat's financial position?


Financial Position Analysis

Short Term Liabilities: OBDC.F's short term assets (SEK32.5M) do not cover its short term liabilities (SEK50.1M)

Long Term Liabilities: OBDC.F's short term assets (32.5M) exceeds its long term liabilities (1.8M)


Debt to Equity History and Analysis

Debt Level: OBDC.F's debt to equity ratio (14.6%) is considered satisfactory

Reducing Debt: OBDC.F's debt to equity ratio has increased from 0.04% to 14.6% over the past 5 years.


Balance Sheet

Inventory Level: OBDC.F has a high level of physical assets or inventory.

Debt Coverage by Assets: OBDC.F's debt is covered by short term assets (assets are 9.385430x 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: OBDC.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OBDC.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.2% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

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


Next Steps

Management

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

4.3yrs

Average board tenure


CEO

Patrik Lundström (49yo)

0yrs

Tenure

kr2,520,000

Compensation

Mr. Patrik Lundström serves as the Chief Executive Officer of Obducat AB (publ). He is the Chief Executive Officer and Managing Director at Obducat Europe GmbH. Mr. Lundström is a Co-founder and Partner of ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Patrik's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Patrik's compensation has been consistent with company performance over the past year.


Board Age and Tenure

4.3yrs

Average Tenure

67yo

Average Age

Experienced Board: OBDC.F's board of directors are considered experienced (4.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Henrik Bergstrand (67yo)

    Founder and Chairman

    • Tenure: 29.8yrs
    • Compensation: kr2.21m
  • Bo Wikstrom

    Head of the CamScan Business Area

    • Tenure: 0yrs
  • Bengt-Olof Strigård

    Development Controller

    • Tenure: 0yrs
  • Per Håkansson (52yo)

    Operations Director

    • Tenure: 0yrs
  • Patrik Lundström (49yo)

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: kr2.52m
  • Frédéric Hervier (58yo)

    Marketing Director and Sales Director

    • Tenure: 0yrs
  • Babak Heidari (57yo)

    Chief Technical Officer

    • Tenure: 0yrs
  • André Bergstrand (36yo)

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: kr54.00k

Board Members

  • Henrik Bergstrand (67yo)

    Founder and Chairman

    • Tenure: 29.8yrs
    • Compensation: kr2.21m
  • Arild Isacson (67yo)

    Director

    • Tenure: 7.5yrs
    • Compensation: kr135.00k
  • Hans Pihl (68yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: kr94.00k
  • Ulf Bertheim (63yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: kr135.00k
  • Charlotte Beskow (59yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: kr59.00k
  • Björn Segerblom (79yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: kr215.00k
  • Ursula Bengtsson (59yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: kr182.00k
  • Ola Möllerström

    Board member

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Obducat AB (publ)
  • Ticker: OBDC.F
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: kr262.180m
  • Listing Market Cap: kr26.788m
  • Shares outstanding: 105.29m
  • Website: https://www.obducat.com

Location

  • Obducat AB (publ)
  • Scheelevägen 2
  • Lund
  • Skåne County
  • 223 63
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OBDC.FOTCPK (Pink Sheets LLC)YesSeries B SharesUSUSDJun 1999
OBDU BNGM (Nordic Growth Market)YesSeries B SharesSESEKJun 1999
OBDDB (Deutsche Boerse AG)YesSeries B SharesDEEURJun 1999
OBDU PREF BNGM (Nordic Growth Market)SER'B'NPV PRFSESEKJan 2017

Biography

Obducat AB (publ) develops and supplies lithography solutions for the use in the production and replication of micro and nanostructures. The company offers SINDRE, a Nano imprint lithography for industrial ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:36
End of Day Share Price2019/09/11 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.

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