OTCPK:NXTB.F

Stock Analysis Report

NEXT Biometrics Group

Executive Summary

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia.


Snowflake Analysis

Excellent balance sheet and overvalued.


Similar Companies

Share Price & News

How has NEXT Biometrics Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NXTB.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.3%

NXTB.F

-1.9%

US Electronic

-1.0%

US Market


1 Year Return

-68.5%

NXTB.F

6.1%

US Electronic

18.0%

US Market

Return vs Industry: NXTB.F underperformed the US Electronic industry which returned 6.1% over the past year.

Return vs Market: NXTB.F underperformed the US Market which returned 18% over the past year.


Shareholder returns

NXTB.FIndustryMarket
7 Day6.3%-1.9%-1.0%
30 Day6.3%-6.0%0.6%
90 Day6.3%1.1%7.9%
1 Year-68.5%-68.5%7.2%6.1%20.4%18.0%
3 Year-97.6%-97.6%34.4%30.8%48.0%38.5%
5 Yearn/a67.4%59.3%72.2%53.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is NEXT Biometrics Group undervalued compared to its fair value and its price relative to the market?

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NXTB.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NXTB.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NXTB.F is good value based on its PB Ratio (0.8x) compared to the US Electronic industry average (1.9x).


Next Steps

Future Growth

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

22.0%

Forecasted Tech 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 NEXT Biometrics Group 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 NEXT Biometrics Group performed over the past 5 years?

-13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NXTB.F is currently unprofitable.

Growing Profit Margin: NXTB.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NXTB.F is unprofitable, and losses have increased over the past 5 years at a rate of -13% per year.

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

Earnings vs Industry: NXTB.F is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (13.1%).


Return on Equity

High ROE: NXTB.F has a negative Return on Equity (-83.63%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is NEXT Biometrics Group's financial position?


Financial Position Analysis

Short Term Liabilities: NXTB.F's short term assets (NOK176.8M) exceed its short term liabilities (NOK35.4M).

Long Term Liabilities: NXTB.F's short term assets (NOK176.8M) exceed its long term liabilities (NOK3.2M).


Debt to Equity History and Analysis

Debt Level: NXTB.F is debt free.

Reducing Debt: NXTB.F has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if NXTB.F's debt is covered by short term assets.


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: NXTB.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NXTB.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -11% each year


Next Steps

Dividend

What is NEXT Biometrics Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate NXTB.F'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 NXTB.F's dividends per share have been stable in the past.

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Peter Heuman (43yo)

0.4yrs

Tenure

Mr. Peter Heuman serves as the Chief Executive Officer at NEXT Biometrics Group ASA since September 16, 2019. He served as the Chief Executive Officer of Done Management and Systems AB and HS, Inc. Mr. Heu ...


Leadership Team

NamePositionTenureCompensationOwnership
Knut Stålen
Chief Financial Officer0yrskr2.89m0.031% NOK5.0k
Dan Cronin
Chief Operating Officer0.4yrskr3.50mno data
Peter Heuman
Chief Executive Officer0.4yrsno datano data
Håkan Persson
Senior Vice President of Sales & Strategy0yrsno datano data
Ravi Jagannath
Senior Vice President of Operations1.9yrsno datano data

0.4yrs

Average Tenure

Experienced Management: NXTB.F's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jan Hartvig
Strategic Advisor4.1yrsno datano data
Ola Rollén
Strategic Advisor4.1yrsno datano data
Guang Yi Wu
Strategic Advisor0yrsno datano data
Brita Eilertsen
Director6.1yrskr230.00kno data
Magnus Mandersson
Chairman of the Board1.8yrsno datano data
Petter Fjellstad
Director0.7yrsno datano data
Emannuel Lang
Director4.3yrskr220.00kno data
Emine Lundkvist
Director3.1yrskr200.00k0.049% NOK7.8k

4.1yrs

Average Tenure

58.5yo

Average Age

Experienced Board: NXTB.F's board of directors are considered experienced (4.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 89.5%.


Top Shareholders

Company Information

NEXT Biometrics Group ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NEXT Biometrics Group ASA
  • Ticker: NXTB.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr147.681m
  • Listing Market Cap: kr15.917m
  • Shares outstanding: 42.93m
  • Website: https://www.nextbiometrics.com

Number of Employees


Location

  • NEXT Biometrics Group ASA
  • Universitetsgata 10
  • Oslo
  • Oslo
  • 164
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEXTOB (Oslo Bors)YesOrdinary SharesNONOKOct 2013
NEXTOTCNO (Norway OTC)YesOrdinary SharesNONOKOct 2013
0QWKLSE (London Stock Exchange)YesOrdinary SharesGBNOKOct 2013
NXTB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2013
NEXTOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKOct 2013

Biography

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. The company offers fingerprint sensor modules and readers, and flexible biometric subassemblies, as well as software and hardware development kits for USB and SPI modules. Its products are used in smart card, government ID, access control, and notebook applications. The company serves industrial and commercial users of electronic components and enterprise computing solutions. NEXT Biometrics Group ASA is headquartered in Oslo, Norway. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 02:57
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
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.