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NEXT Biometrics Group

OTCPK:NXTB.F
Snowflake Description

Exceptional growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NXTB.F
OTCPK
NOK383M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. The last earnings update was 22 days ago. More info.


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NXTB.F Share Price and Events
7 Day Returns
-13.3%
OTCPK:NXTB.F
0.7%
US Electronic
1.2%
US Market
1 Year Returns
-
OTCPK:NXTB.F
-0.3%
US Electronic
3%
US Market
NXTB.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NEXT Biometrics Group (NXTB.F) -13.3% -2.5% - - - -
US Electronic 0.7% 1.1% 21.2% -0.3% 59.3% 59.2%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • No trading data on NXTB.F.
  • No trading data on NXTB.F.
Price Volatility
NXTB.F
Industry
5yr Volatility vs Market

NXTB.F Value

 Is NEXT Biometrics 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 NEXT Biometrics 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

Below are the data sources, inputs and calculation used to determine the intrinsic value for NEXT Biometrics Group.

OTCPK:NXTB.F Discounted Cash Flow Data Sources
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%
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.

Calculation of Discount Rate/ Cost of Equity for OTCPK:NXTB.F
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))
= 1.071 (1 + (1- 23%) (0%))
1.048
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.048 * 5.96%)
8.97%

Discounted Cash Flow Calculation for OTCPK:NXTB.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NEXT Biometrics 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.

OTCPK:NXTB.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (NOK, Millions) Source Present Value
Discounted (@ 8.97%)
2019 -97.00 Analyst x1 -89.01
2020 -29.00 Analyst x1 -24.42
2021 36.00 Analyst x1 27.82
2022 56.84 Est @ 57.88% 40.31
2023 80.33 Est @ 41.34% 52.28
2024 104.24 Est @ 29.76% 62.25
2025 126.80 Est @ 21.65% 69.48
2026 147.06 Est @ 15.97% 73.95
2027 164.70 Est @ 12% 76.00
2028 179.89 Est @ 9.22% 76.17
Present value of next 10 years cash flows NOK364.82
OTCPK:NXTB.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= NOK179.89 × (1 + 2.73%) ÷ (8.97% – 2.73%)
NOK2,959.93
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NOK2,959.93 ÷ (1 + 8.97%)10
NOK1,253.37
OTCPK:NXTB.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NOK364.82 + NOK1,253.37
NOK1,618.19
Equity Value per Share
(NOK)
= Total value / Shares Outstanding
= NOK1,618.19 / 39.43
NOK41.04
OTCPK:NXTB.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:NXTB.F represents 0.12099x of OB:NEXT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.12099x
Value per Share
(Listing Adjusted, USD)
= Value per Share (NOK) x Listing Adjustment Factor
= NOK 41.04 x 0.12099
$4.97
Value per share (USD) From above. $4.97
Current discount Discount to share price of $1.17
= -1 x ($1.17 - $4.97) / $4.97
76.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price NEXT Biometrics Group is available for.
Intrinsic value
>50%
Share price is $1.17 vs Future cash flow value of $4.97
Current Discount Checks
For NEXT Biometrics Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • NEXT Biometrics Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • NEXT Biometrics 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 NEXT Biometrics Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NEXT Biometrics Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:NXTB.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in NOK NOK-9.14
OB:NEXT Share Price ** OB (2019-03-20) in NOK NOK9.67
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.54x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NEXT Biometrics Group.

OTCPK:NXTB.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:NEXT Share Price ÷ EPS (both in NOK)

= 9.67 ÷ -9.14

-1.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NEXT Biometrics Group is loss making, we can't compare its value to the US Electronic industry average.
  • NEXT Biometrics 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 NEXT Biometrics Group's expected growth come at a high price?
Raw Data
OTCPK:NXTB.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
80.1%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.54x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*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 NEXT Biometrics Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NEXT Biometrics Group's assets?
Raw Data
OTCPK:NXTB.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in NOK NOK6.29
OB:NEXT Share Price * OB (2019-03-20) in NOK NOK9.67
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:NXTB.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:NEXT Share Price ÷ Book Value per Share (both in NOK)

= 9.67 ÷ 6.29

1.54x

* Primary Listing of NEXT Biometrics Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NEXT Biometrics Group is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess NEXT Biometrics Group's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. NEXT Biometrics 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.

NXTB.F Future Performance

 How is NEXT Biometrics 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!
Annual Growth Rate
80.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NEXT Biometrics Group expected to grow at an attractive rate?
  • NEXT Biometrics Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • NEXT Biometrics Group's earnings growth is expected to exceed the United States of America market average.
  • NEXT Biometrics Group's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:NXTB.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:NXTB.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 80.1%
OTCPK:NXTB.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 50.9%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
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 7.1%

*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
OTCPK:NXTB.F Analysts Growth Expectations Data Sources
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 numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:NXTB.F Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 558 41 31 1
2020-12-31 340 -25 -34 1
2019-12-31 179 -93 -97 1
OTCPK:NXTB.F Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2018-12-31 108 -141 -170
2018-09-30 104 -154 -185
2018-06-30 99 -149 -184
2018-03-31 97 -147 -179
2017-12-31 98 -148 -181
2017-09-30 105 -151 -175
2017-06-30 108 -168 -178
2017-03-31 111 -183 -187
2016-12-31 92 -200 -193
2016-09-30 62 -206 -193
2016-06-30 34 -181 -178
2016-03-31 7 -134 -151

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NEXT Biometrics Group's earnings are expected to grow significantly at over 20% yearly.
  • NEXT Biometrics Group's revenue is expected to grow significantly at over 20% yearly.
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
OTCPK:NXTB.F Past and Future Earnings per Share
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 NEXT Biometrics Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:NXTB.F Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.79 0.79 0.79 1.00
2020-12-31 -0.87 -0.87 -0.87 1.00
2019-12-31 -2.48 -2.48 -2.48 1.00
OTCPK:NXTB.F Past Financials Data
Date (Data in NOK Millions) EPS *
2018-12-31 -9.14
2018-09-30 -10.38
2018-06-30 -10.76
2018-03-31 -10.89
2017-12-31 -11.11
2017-09-30 -10.97
2017-06-30 -11.40
2017-03-31 -12.42
2016-12-31 -13.30
2016-09-30 -13.94
2016-06-30 -13.79
2016-03-31 -12.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • NEXT Biometrics Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess NEXT Biometrics Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NEXT Biometrics Group has a total score of 6/6, 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.

NXTB.F Past Performance

  How has NEXT Biometrics 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 NEXT Biometrics 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.
  • NEXT Biometrics Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare NEXT Biometrics Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NEXT Biometrics Group's 1-year growth to the US Electronic industry average as it is not currently profitable.
Earnings and Revenue History
NEXT Biometrics 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 NEXT Biometrics Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:NXTB.F Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 108.39 -169.92 116.94
2018-09-30 103.79 -184.99 106.13
2018-06-30 98.97 -184.02 102.91
2018-03-31 97.34 -178.85 93.08
2017-12-31 98.16 -180.82 88.42
2017-09-30 105.30 -175.10 84.30
2017-06-30 108.33 -177.91 72.84
2017-03-31 111.01 -187.42 70.08
2016-12-31 92.07 -192.61 65.51
2016-09-30 61.96 -192.93 62.39
2016-06-30 33.72 -178.34 59.80
2016-03-31 7.36 -151.42 55.28
2015-12-31 4.57 -121.53 47.72
2015-09-30 7.25 -107.36 41.21
2015-06-30 8.29 -91.93 32.93
2015-03-31 8.69 -84.35 28.34
2014-12-31 6.31 -79.69 24.39
2014-09-30 1.96 -64.91 23.05
2014-06-30 0.72 -58.12 19.04
2014-03-31 0.04 -48.97 14.84
2013-12-31 0.04 -38.80 11.90
2012-12-31 -17.07 6.13

*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 NEXT Biometrics 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 NEXT Biometrics 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 NEXT Biometrics Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NEXT Biometrics Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NEXT Biometrics 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.

NXTB.F Health

 How is NEXT Biometrics 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 NEXT Biometrics Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NEXT Biometrics Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NEXT Biometrics Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NEXT Biometrics 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.
  • High level of physical assets or inventory.
  • NEXT Biometrics Group has no debt, it does not need to be covered by short term assets.
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 NEXT Biometrics Group Company Filings, last reported 2 months ago.

OTCPK:NXTB.F Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 122.27 0.00 46.30
2018-09-30 155.23 0.00 70.79
2018-06-30 194.93 0.00 112.89
2018-03-31 189.77 0.00 108.58
2017-12-31 165.13 0.00 79.72
2017-09-30 213.34 0.00 123.09
2017-06-30 251.28 0.00 160.13
2017-03-31 289.62 0.00 222.16
2016-12-31 177.17 0.00 106.34
2016-09-30 221.51 0.00 157.00
2016-06-30 235.25 0.00 182.52
2016-03-31 125.19 0.00 76.85
2015-12-31 172.72 0.00 130.23
2015-09-30 90.08 0.00 45.28
2015-06-30 118.72 0.00 75.95
2015-03-31 142.01 0.00 98.75
2014-12-31 161.61 0.00 129.27
2014-09-30 190.46 0.00 163.53
2014-06-30 203.13 0.00 188.89
2014-03-31 49.10 0.00 44.26
2013-12-31 63.15 0.00 69.73
2012-12-31 -4.83 2.27 0.60
  • NEXT Biometrics Group has no debt.
  • NEXT Biometrics Group had no debt 5 years ago.
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.

  • NEXT Biometrics Group has less than a year of cash runway based on current free cash flow.
  • NEXT Biometrics Group has less than a year of cash runway if free cash flow continues to reduce at historical rates of -0.6% each year.
X
Financial health checks
We assess NEXT Biometrics Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NEXT Biometrics Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

NXTB.F Dividends

 What is NEXT Biometrics 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
Dividend payments
0%
Current annual income from NEXT Biometrics Group dividends. Estimated to be 0% next year.
If you bought $2,000 of NEXT Biometrics 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 NEXT Biometrics Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NEXT Biometrics 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
OTCPK:NXTB.F Annualized Past and Future Dividends
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 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 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 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:NXTB.F Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NEXT Biometrics Group has not reported any payouts.
  • Unable to verify if NEXT Biometrics Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NEXT Biometrics Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NEXT Biometrics Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of NEXT Biometrics Group's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess NEXT Biometrics Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NEXT Biometrics Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NEXT Biometrics 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.

NXTB.F Management

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

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
Ritu Favre
COMPENSATION NOK14,735,887
AGE 49
TENURE AS CEO 2.1 years
CEO Bio

Ms. Ritu Chanchal Favre has been the Chief Executive Officer at NEXT Biometrics Group ASA since February 1, 2017. Ms. Favre served as the Senior Vice President and General Manager of Biometrics Products Division at Synaptics Incorporated since June 2014 to until October 2016. Ms. Favre has 26 years of experience in large corporations, covering all aspects of the value chain from Supply Chain, technology, new product introduction, business operations, management and developing strong customer relationships. She served as Senior Vice President at Freescale Semiconductor, Ltd. from October 2012 to May 6, 2014 and also served as its General Manager of Radio Frequency since October 2012. She served as Manufacturing Manager and Manager of Business Product Operations at Motorola for fifteen years. She served as Senior Vice President and General Manager of Radio Frequency (RF) at Freescale Semiconductor, Inc. She became the Vice President and Division General Manager for the RF Division in 2010. From 2007 to 2010, she served as the Director of Virtual Supply Chain for the RF business. From 1988 thru 1999, she worked in roles of increasing responsibility in the wafer fabrication and assembly/test facilities at Motorola Semiconductor Products Sector. She transitioned from manufacturing roles in 1999 and has spent the rest of her career running businesses in the communications infrastructure and automotive businesses. She ran the Compound Semiconductor business in the Motorola Wireless Infrastructure Division from 1999 thru 2002. She ran the North America/Japan Automotive Business in the Analog and Mixed Signal Products Division inside Motorola Semiconductor from 2002 through 2004. She serves as Director at Cohu, Inc. since December 2018. She joined Freescale in 1988 and has served as the RF General Manager since October 2010. She holds a Bachelor of Science degree in Electrical Engineering, as well as a Master of Science degree in Electrical Engineering – Semiconductor Physics from Arizona State University.

CEO Compensation
  • Insufficient data for Ritu to compare compensation growth.
  • Ritu's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the NEXT Biometrics Group management team in years:

1.2
Average Tenure
  • The average tenure for the NEXT Biometrics Group management team is less than 2 years, this suggests a new team.
Management Team

Ritu Favre

TITLE
Chief Executive Officer
COMPENSATION
NOK15M
AGE
49
TENURE
2.1 yrs

Knut Stalen

TITLE
Chief Financial Officer
COMPENSATION
NOK3M

Dan Cronin

TITLE
Chief Operating Officer
COMPENSATION
NOK4M
TENURE
1 yrs

Robert Mueller

TITLE
Chief Technology Officer
COMPENSATION
NOK3M
TENURE
1.2 yrs

Zehira Dadon-Sitbon

TITLE
Chief of Staff
COMPENSATION
NOK3M
TENURE
1.2 yrs

Matias Troccoli

TITLE
Chief Advisor for Special Projects
COMPENSATION
NOK4M
TENURE
1.2 yrs

Alain Faburel

TITLE
Chief Sales & Marketing Officer
TENURE
0.7 yrs

Ravi Jagannath

TITLE
Senior Vice President of Operations
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the NEXT Biometrics Group board of directors in years:

3.2
Average Tenure
57.5
Average Age
  • The tenure for the NEXT Biometrics Group board of directors is about average.
Board of Directors

Magnus Mandersson

TITLE
Chairman of the Board
AGE
59
TENURE
0.8 yrs

Brita Eilertsen

TITLE
Director
COMPENSATION
NOK420K
AGE
56
TENURE
5.2 yrs

Max Wu

TITLE
Strategic Advisor

Emannuel Lang

TITLE
Director
COMPENSATION
NOK230K
TENURE
3.3 yrs

Ola Rollén

TITLE
Strategic Advisor
AGE
53
TENURE
3.2 yrs

Jan Hartvig

TITLE
Strategic Advisor
AGE
59
TENURE
3.2 yrs

Emine Lundkvist

TITLE
Director
COMPENSATION
NOK69K
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
26. Mar 18 Buy Knut Stalen Individual 26. Mar 18 26. Mar 18 5,000 $5.18 $25,914
X
Management checks
We assess NEXT Biometrics Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NEXT Biometrics 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.

NXTB.F News

Simply Wall St News

NXTB.F Company Info

Description

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 flexible fingerprint sensor chipsets, fingerprint sensor modules, fingerprint readers, and development kits. Its products are used in smart card, government ID, access control, and notebook applications. The company serves distributors of electronic components. NEXT Biometrics Group ASA is headquartered in Oslo, Norway.

Details
Name: NEXT Biometrics Group ASA
NXTB.F
Exchange: OTCPK
Founded:
NOK44,892,285
39,430,575
Website: http://www.nextbiometrics.com
Address: NEXT Biometrics Group ASA
Universitetsgata 10,
Oslo,
Oslo, 0164,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB NEXT Ordinary Shares Oslo Bors NO NOK 10. Oct 2013
OTCPK NXTB.F Ordinary Shares Pink Sheets LLC US USD 10. Oct 2013
LSE 0QWK Ordinary Shares London Stock Exchange GB NOK 10. Oct 2013
OTCNO NEXT Ordinary Shares Norway OTC NO NOK 10. Oct 2013
BATS-CHIXE NEXTO Ordinary Shares BATS 'Chi-X Europe' GB NOK 10. Oct 2013
Number of employees
Current staff
Staff numbers
95
NEXT Biometrics Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:52
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/20
Last earnings filing: 2019/02/27
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.