Anoto Group
OTCPK:AOTO.F
AOTO.F
OTCPK
SEK202M
Market Cap
Company description
Anoto Group AB (publ), together with its subsidiaries, provides digital writing and drawing solutions. The last earnings update was 10 days ago. More info.
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AOTO.F Share Price and Events
7 Day Returns
0%
OTCPK:AOTO.F
-3.6%
US Electronic
-2.4%
US Market
1 Year Returns
-
OTCPK:AOTO.F
-4%
US Electronic
-2.3%
US Market
AOTO.F Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Anoto Group (AOTO.F) | 0% | 0% | 0% | - | -90.5% | -95.2% |
| US Electronic | -3.6% | 1.9% | 11.9% | -4% | 57.9% | 59.2% |
| US Market | -2.4% | 0.7% | 4.7% | -2.3% | 36.1% | 39.9% |
1 Year Return vs Industry and Market
- No trading data on AOTO.F.
- No trading data on AOTO.F.
Value
Is Anoto Group undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Anoto Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Our intrinsic value calculation method has changed recently, learn more here.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Anoto Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Electronic Unlevered Beta | Simply Wall St/ S&P Global | 1.07 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.065 (1 + (1- 22%) (3.88%)) |
1.065 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.07 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.065 * 5.96%) |
9.08% |
Discounted Cash Flow Calculation for OTCPK:AOTO.F using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Anoto Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (SEK, Millions) | Source |
Present Value Discounted (@ 9.08%) |
|
|---|---|---|---|
| 2019 | 22.00 | Analyst x1 | 20.17 |
| 2020 | 44.00 | Analyst x1 | 36.98 |
| 2021 | 64.85 | Est @ 47.39% | 49.97 |
| 2022 | 86.89 | Est @ 33.99% | 61.38 |
| 2023 | 108.28 | Est @ 24.61% | 70.12 |
| 2024 | 127.83 | Est @ 18.05% | 75.89 |
| 2025 | 145.02 | Est @ 13.45% | 78.93 |
| 2026 | 159.87 | Est @ 10.24% | 79.77 |
| 2027 | 172.63 | Est @ 7.98% | 78.97 |
| 2028 | 183.69 | Est @ 6.41% | 77.04 |
| Present value of next 10 years cash flows | SEK629.22 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= SEK183.69 × (1 + 2.73%) ÷ (9.08% – 2.73%) |
SEK2,972.43 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= SEK2,972.43 ÷ (1 + 9.08%)10 |
SEK1,246.58 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= SEK629.22 + SEK1,246.58 |
SEK1,875.80 |
| Equity Value per Share (SEK) |
= Total value / Shares Outstanding
= SEK1,875.80 / 112.65 |
SEK2.66 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in OTCPK:AOTO.F
represents 0.1595x
of
OM:ANOT
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.1595x |
| Value per Share (Listing Adjusted, USD) |
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 16.65 x 0.1595 |
$2.66 |
| Value per share (USD) | From above. | $2.66 |
| Current discount | Discount to share price of
$0.29
= -1 x ($0.29 - $2.66) / $2.66 |
89.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
Anoto Group
is available for.
>50%
Share price is
$0.29
vs Future cash flow value of
$2.66
Current Discount Checks
For
Anoto Group
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- Anoto Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Anoto Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Anoto Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Anoto Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in SEK | SEK-1.03 |
| OM:ANOT Share Price ** | OM (2018-12-10) in SEK | SEK1.79 |
| United States of America Electronic Industry PE Ratio | Median Figure of 91 Publicly-Listed Electronic Companies | 19.44x |
| United States of America Market PE Ratio | Median Figure of 3,049 Publicly-Listed Companies | 17.36x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Anoto Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OM:ANOT Share Price ÷ EPS (both in SEK) = 1.79 ÷ -1.03 |
-1.74x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Anoto Group is loss making, we can't compare its value to the US Electronic industry average.
- Anoto Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
Anoto Group's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.74x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
133.3%per year |
| United States of America Electronic Industry PEG Ratio | Median Figure of 60 Publicly-Listed Electronic Companies | 1.38x |
| United States of America Market PEG Ratio | Median Figure of 2,107 Publicly-Listed Companies | 1.46x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Anoto Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Anoto Group's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in SEK | SEK1.78 |
| OM:ANOT Share Price * | OM (2018-12-10) in SEK | SEK1.79 |
| United States of America Electronic Industry PB Ratio | Median Figure of 150 Publicly-Listed Electronic Companies | 2.04x |
| United States of America Market PB Ratio | Median Figure of 5,144 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OM:ANOT Share Price ÷ Book Value per Share (both in SEK) = 1.79 ÷ 1.78 |
1.01x |
* Primary Listing of Anoto Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Anoto Group is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess Anoto Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check) Anoto Group has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Anoto Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
133.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Anoto Group
expected to grow at an
attractive
rate?
- Anoto Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Anoto Group's earnings growth is expected to exceed the United States of America market average.
- Anoto Group's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| OTCPK:AOTO.F Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 133.3% |
| OTCPK:AOTO.F Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 23.5% |
| United States of America Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 17.1% |
| United States of America Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
Raw Data
All numbers in SEK Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 260 | 1 | ||
| 2020-12-31 | 237 | 63 | 37 | 1 |
| 2019-12-31 | 196 | 43 | 19 | 1 |
| Date (Data in SEK Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 116 | -40 | -116 |
| 2018-09-30 | 115 | -29 | -11 |
| 2018-06-30 | 139 | -25 | 0 |
| 2018-03-31 | 156 | -59 | -9 |
| 2017-12-31 | 173 | -45 | -53 |
| 2017-09-30 | 214 | -98 | -93 |
| 2017-06-30 | 202 | -84 | -193 |
| 2017-03-31 | 236 | -142 | -232 |
| 2016-12-31 | 236 | -164 | -256 |
| 2016-09-30 | 223 | -157 | -242 |
| 2016-06-30 | 238 | -171 | -170 |
| 2016-03-31 | 195 | -108 | -160 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Anoto Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 0.31 | 0.31 | 0.31 | 1.00 |
| 2020-12-31 | 0.28 | 0.28 | 0.28 | 1.00 |
| 2019-12-31 | 0.15 | 0.15 | 0.15 | 1.00 |
| Date (Data in SEK Millions) | EPS * |
|---|---|
| 2018-12-31 | -1.03 |
| 2018-09-30 | -0.09 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | -0.09 |
| 2017-12-31 | -0.52 |
| 2017-09-30 | -1.11 |
| 2017-06-30 | -2.44 |
| 2017-03-31 | -3.26 |
| 2016-12-31 | -4.28 |
| 2016-09-30 | -4.94 |
| 2016-06-30 | -4.40 |
| 2016-03-31 | -5.11 |
*GAAP earnings excluding extraordinary items.
X
Anoto Group has a total score of 5/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Future performance checks
We assess Anoto Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Anoto Group has a total score of 5/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Anoto Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Below we compare
Anoto Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- Anoto Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Anoto Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Anoto Group's 1-year growth to the US Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Anoto Group's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from Anoto Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SEK Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 115.56 | -115.88 | 170.23 | |
| 2018-09-30 | 115.01 | -10.88 | 56.95 | 28.28 |
| 2018-06-30 | 138.55 | -0.43 | 48.88 | 28.28 |
| 2018-03-31 | 155.57 | -9.26 | 47.23 | 28.28 |
| 2017-12-31 | 173.01 | -52.81 | 79.03 | 28.28 |
| 2017-09-30 | 214.18 | -93.05 | 44.45 | 70.38 |
| 2017-06-30 | 202.31 | -193.14 | 139.02 | 70.38 |
| 2017-03-31 | 236.27 | -231.86 | 197.57 | 70.38 |
| 2016-12-31 | 235.66 | -255.63 | 229.74 | 70.38 |
| 2016-09-30 | 222.85 | -241.61 | 226.91 | 101.19 |
| 2016-06-30 | 238.46 | -169.94 | 163.86 | 101.19 |
| 2016-03-31 | 194.89 | -160.15 | 132.25 | 101.19 |
| 2015-12-31 | 192.84 | -104.03 | 91.19 | 101.19 |
| 2015-09-30 | 184.04 | -71.37 | 96.22 | 69.52 |
| 2015-06-30 | 155.76 | -64.86 | 90.76 | 69.52 |
| 2015-03-31 | 147.52 | -53.53 | 88.01 | 69.52 |
| 2014-12-31 | 141.47 | -62.04 | 87.80 | 69.52 |
| 2014-09-30 | 128.78 | -147.19 | 71.64 | 82.39 |
| 2014-06-30 | 135.10 | -145.03 | 75.48 | 82.39 |
| 2014-03-31 | 138.75 | -158.65 | 90.27 | 82.97 |
| 2013-12-31 | 144.31 | -166.23 | 101.73 | 82.39 |
| 2013-09-30 | 151.59 | -96.71 | 114.76 | 86.60 |
| 2013-06-30 | 165.22 | -82.96 | 109.56 | 86.60 |
| 2013-03-31 | 184.30 | -59.91 | 103.09 | 86.60 |
| 2012-12-31 | 198.65 | -42.24 | 94.40 | 86.60 |
| 2012-09-30 | 215.15 | -21.01 | 110.70 | 62.65 |
| 2012-06-30 | 204.03 | -247.60 | 107.18 | 62.65 |
| 2012-03-31 | 190.15 | -250.77 | 100.85 | 62.65 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Anoto Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Anoto Group has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Anoto Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Anoto Group has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Past performance checks
We assess Anoto Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Anoto Group has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Anoto Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Anoto Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- Anoto Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Anoto Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Anoto Group's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 10x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data
All data from Anoto Group Company Filings, last reported 2 months ago.
| Date (Data in SEK Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 211.58 | 7.83 | 5.46 |
| 2018-09-30 | 293.11 | 9.39 | 4.94 |
| 2018-06-30 | 322.50 | 9.45 | 10.56 |
| 2018-03-31 | 324.31 | 11.14 | 14.61 |
| 2017-12-31 | 275.70 | 55.76 | 31.66 |
| 2017-09-30 | 280.31 | 26.75 | 20.38 |
| 2017-06-30 | 246.62 | 20.97 | 8.56 |
| 2017-03-31 | 183.90 | 57.22 | 5.92 |
| 2016-12-31 | 211.57 | 57.02 | 5.55 |
| 2016-09-30 | 241.13 | 38.48 | 7.69 |
| 2016-06-30 | 354.32 | 17.49 | 41.52 |
| 2016-03-31 | 216.12 | 27.30 | 9.27 |
| 2015-12-31 | 268.20 | 8.15 | 11.63 |
| 2015-09-30 | 124.97 | 18.57 | 6.90 |
| 2015-06-30 | 82.90 | 18.59 | 6.58 |
| 2015-03-31 | 96.34 | 18.81 | 33.35 |
| 2014-12-31 | 62.04 | 35.88 | 3.91 |
| 2014-09-30 | 19.66 | 37.89 | 1.88 |
| 2014-06-30 | 48.87 | 29.94 | 13.24 |
| 2014-03-31 | 68.58 | 16.91 | 7.46 |
| 2013-12-31 | 65.89 | 17.32 | 7.01 |
| 2013-09-30 | 101.49 | 30.12 | 3.65 |
| 2013-06-30 | 122.74 | 17.13 | 2.72 |
| 2013-03-31 | 137.16 | 16.95 | 13.35 |
| 2012-12-31 | 115.80 | 18.24 | 5.46 |
| 2012-09-30 | 137.61 | 18.69 | 10.58 |
| 2012-06-30 | 147.64 | 19.43 | 13.29 |
| 2012-03-31 | 156.71 | 15.59 | 22.72 |
- Anoto Group's level of debt (3.7%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (26.3% vs 3.7% today).
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.
- Anoto Group has less than a year of cash runway based on current free cash flow.
- Anoto Group has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.1% each year.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Anoto Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Anoto Group has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Anoto Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
0%
Current annual income from
Anoto Group
dividends.
If you bought
$2,000 of
Anoto Group
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Unable to evaluate Anoto Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Anoto Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| United States of America Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 38 Stocks | 1.6% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2003 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in SEK) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | ||
| 2020-12-31 | ||
| 2019-12-31 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Anoto Group has not reported any payouts.
- Unable to verify if Anoto Group's dividend has been increasing as the company has not reported any payouts.
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Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Anoto Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Anoto Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Anoto Group has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
Joonhee
Won
| AGE | 53 |
| TENURE AS CEO | 2.9 years |
CEO Bio
Mr. Joonhee Won has been the Chief Executive Officer and Chief Marketing Officer at Anoto Group AB (publ) since April 01, 2016 and May 2017 respectively and as its Head of Sales since May 03, 2016. Mr. Won is Director of Anoto Group AB (publ) since 2019. Mr. Won served as an Interim Chief Executive Officer of Anoto Group AB (publ) since March 24, 2016. Mr. Won founded TStone Corp in 2001 and serves as its Chief Executive Officer. Previously, Mr. Won served as a Managing Director and Head of Investment Banking at Salomon Smith Barney Korea, where he completed over 20 merger and acquisition and capital market transactions. Previously, he worked as an investment banker at Credit Suisse First Boston in Hong Kong, Lehman Brothers in New York and Jardine Fleming in South Korea. He was a Director of Anoto Group AB (publ) since May 22, 2014 until 2018. Mr. Won served as a Director of Anoto Group AB from May 5, 2010 to May 12, 2011. Mr. Won holds an M.B.A. from Harvard Business School and a B.A. with distinction and a college scholarship in Government and Economics from Cornell University.
CEO Compensation
- Joonhee's compensation has increased whilst company is loss making.
- Joonhee's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the Anoto Group management team in years:
0.5
Average Tenure
- The average tenure for the Anoto Group management team is less than 2 years, this suggests a new team.
Management Team
Joonhee Won
TITLE
CEO, Head of Sales
AGE
53
TENURE
2.9 yrs
Rui Sousa
TITLE
Chief Financial Officer
TENURE
0.3 yrs
Steve Kim
TITLE
Chief Technology Officer
TENURE
0.5 yrs
Edward Belgeonne
TITLE
Chief Executive Officer of Destiny Wireless Ltd
AGE
56
Seunghoon Song
TITLE
Financial Controller
Peter Mah
TITLE
Head of Sales Asia
TENURE
0.5 yrs
Board of Directors
Jörgen Durban
TITLE
Chairman
COMPENSATION
SEK900K
AGE
62
Joonhee Won
TITLE
CEO, Head of Sales
AGE
53
TENURE
0.2 yrs
Young Soo Ha
TITLE
Independent Director
COMPENSATION
SEK150K
AGE
56
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Anoto Group insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 19. Dec 18 | Buy | Jörgen Durban | Individual | 19. Dec 18 | 19. Dec 18 | 50,000 | $0.27 | $13,228 | ||
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Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Management checks
We assess Anoto Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Anoto Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Company Info
Map
Description
Anoto Group AB (publ), together with its subsidiaries, provides digital writing and drawing solutions. It offers pen solutions for creating a form in digital format, digital processing of handwritten forms, and automatic generation of a digital version of a document with handwritten signatures and notes. The company markets its smartpens under the Livescribe brand. It also develops and sells digital note-taking, creative, collaborative, classroom learning, and document processing and management solutions. The company markets its products, applications, and services to businesses, consumers, and education markets, through partners, such as system integrators, software developers, and IT consulting firms. It operates primarily in Sweden and rest of European Union countries, the United States, Japan, rest of Asian countries, and internationally. Anoto Group AB (publ) is headquartered in Stockholm, Sweden.
Details
| Name: | Anoto Group AB (publ) |
| AOTO.F | |
| Exchange: | OTCPK |
| Founded: | |
| SEK21,364,285 | |
| 112,654,950 | |
| Website: | http://www.anoto.com |
| Address: |
Anoto Group AB (publ) Flaggan 1165, Stockholm, Stockholm County, 116 74, Sweden |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OM | ANOT | Ordinary Shares | OMX Nordic Exchange Stockholm | SE | SEK | 15. Mar 2000 | |
| OTCPK | AOTO.F | Ordinary Shares | Pink Sheets LLC | US | USD | 15. Mar 2000 | |
| DB | XTL1 | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 15. Mar 2000 | |
| LSE | 0RUQ | Ordinary Shares | London Stock Exchange | GB | SEK | 15. Mar 2000 | |
| BATS-CHIXE | ANOTS | Ordinary Shares | BATS 'Chi-X Europe' | GB | SEK | 15. Mar 2000 |
Number of employees
Current staff
33
Anoto Group
employees.
Industry
| Electronic Equipment and Instruments | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/10 00:23 |
| End of day share price update: | 2018/12/10 00:00 |
| Last estimates confirmation: | 2019/02/28 |
| Last earnings filing: | 2019/02/28 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
