Board Change • 11h
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Halldora Koenigsegg was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 12
Plejd AB (publ) to Report Q1, 2026 Results on Apr 10, 2026 Plejd AB (publ) announced that they will report Q1, 2026 results at 9:00 AM, Central European Standard Time on Apr 10, 2026 Duyuru • Dec 31
Plejd AB (publ) to Report Fiscal Year 2025 Results on Jan 29, 2026 Plejd AB (publ) announced that they will report fiscal year 2025 results on Jan 29, 2026 Duyuru • Sep 17
Plejd AB (publ) to Report Q3, 2025 Results on Oct 16, 2025 Plejd AB (publ) announced that they will report Q3, 2025 results on Oct 16, 2025 Duyuru • Jun 12
Plejd AB (publ) to Report Q2, 2025 Results on Jul 11, 2025 Plejd AB (publ) announced that they will report Q2, 2025 results on Jul 11, 2025 Duyuru • Mar 12
Plejd AB (publ) to Report Q1, 2025 Results on Apr 10, 2025 Plejd AB (publ) announced that they will report Q1, 2025 results on Apr 10, 2025 Duyuru • Jan 09
Plejd AB (publ) to Report Fiscal Year 2024 Results on Feb 07, 2025 Plejd AB (publ) announced that they will report fiscal year 2024 results on Feb 07, 2025 Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: kr1.82 (vs kr0.39 in 3Q 2023) Third quarter 2024 results: EPS: kr1.82 (up from kr0.39 in 3Q 2023). Revenue: kr177.9m (up 28% from 3Q 2023). Net income: kr20.3m (up 364% from 3Q 2023). Profit margin: 11% (up from 3.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Sep 18
Plejd AB (publ) to Report Q3, 2024 Results on Oct 17, 2024 Plejd AB (publ) announced that they will report Q3, 2024 results on Oct 17, 2024 Buy Or Sell Opportunity • Sep 03
Now 21% undervalued Over the last 90 days, the stock has risen 9.9% to €24.40. The fair value is estimated to be €30.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 14%. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: kr1.69 (vs kr0.53 in 2Q 2023) Second quarter 2024 results: EPS: kr1.69 (up from kr0.53 in 2Q 2023). Revenue: kr176.0m (up 33% from 2Q 2023). Net income: kr18.9m (up 236% from 2Q 2023). Profit margin: 11% (up from 4.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Jun 14
Plejd AB (publ) to Report Q2, 2024 Results on Jul 12, 2024 Plejd AB (publ) announced that they will report Q2, 2024 results on Jul 12, 2024 Recent Insider Transactions • Apr 26
CTO & Director recently bought €338k worth of stock On the 24th of April, Gustav Josefsson bought around 16k shares on-market at roughly €21.66 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €756k more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €21.15, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 21x in the Electrical industry in Germany. Total returns to shareholders of 21% over the past year. Reported Earnings • Apr 07
Full year 2023 earnings released: EPS: kr4.11 (vs kr5.79 in FY 2022) Full year 2023 results: EPS: kr4.11 (down from kr5.79 in FY 2022). Revenue: kr603.6m (up 21% from FY 2022). Net income: kr45.0m (down 28% from FY 2022). Profit margin: 7.4% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Duyuru • Mar 25
Plejd AB (publ), Annual General Meeting, Apr 23, 2024 Plejd AB (publ), Annual General Meeting, Apr 23, 2024. Duyuru • Mar 20
Plejd AB (publ) to Report Q1, 2024 Results on Apr 18, 2024 Plejd AB (publ) announced that they will report Q1, 2024 results on Apr 18, 2024 New Risk • Feb 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (7.4% net profit margin). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Significant insider selling over the past 3 months (€584k sold). Recent Insider Transactions • Feb 16
Founder & Director recently sold €584k worth of stock On the 12th of February, Erik Calissendorff sold around 35k shares on-market at roughly €16.52 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Erik has been a net seller over the last 12 months, reducing personal holdings by €771k. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €15.80, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 20x in the Electrical industry in Europe. Total loss to shareholders of 28% over the past year. Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: kr4.11 (vs kr5.79 in FY 2022) Full year 2023 results: EPS: kr4.11 (down from kr5.79 in FY 2022). Revenue: kr610.0m (up 22% from FY 2022). Net income: kr45.0m (down 28% from FY 2022). Profit margin: 7.4% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Duyuru • Jan 10
Plejd AB (publ) to Report Fiscal Year 2023 Results on Feb 08, 2024 Plejd AB (publ) announced that they will report fiscal year 2023 results on Feb 08, 2024 Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €14.50, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 20x in the Electrical industry in Europe. Total loss to shareholders of 20% over the past year. Duyuru • Nov 23
Plejd AB (publ) Appoints Marcus Neckmar as Member of the Nomination Committee Plejd AB (publ) has appointed Marcus Neckmar as a member of the nomination committee for the continued preparations ahead of the next Annual General Meeting. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €10.52, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 15x in the Electrical industry in Europe. Total loss to shareholders of 47% over the past year. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: kr0.39 (vs kr1.07 in 3Q 2022) Third quarter 2023 results: EPS: kr0.39 (down from kr1.07 in 3Q 2022). Revenue: kr140.8m (up 22% from 3Q 2022). Net income: kr4.38m (down 62% from 3Q 2022). Profit margin: 3.1% (down from 9.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Duyuru • Sep 20
Plejd AB (publ) to Report Nine Months, 2023 Results on Oct 19, 2023 Plejd AB (publ) announced that they will report nine months, 2023 results on Oct 19, 2023 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €13.10, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 19x in the Electrical industry in Europe. Total loss to shareholders of 35% over the past year. New Risk • Jul 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.9% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (8.9% net profit margin). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Reported Earnings • Jul 14
Second quarter 2023 earnings released: EPS: kr0.53 (vs kr1.48 in 2Q 2022) Second quarter 2023 results: EPS: kr0.53 (down from kr1.48 in 2Q 2022). Revenue: kr134.5m (up 10% from 2Q 2022). Net income: kr5.64m (down 64% from 2Q 2022). Profit margin: 4.2% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Duyuru • Jun 14
Plejd AB (publ) to Report Q2, 2023 Results on Jul 13, 2023 Plejd AB (publ) announced that they will report Q2, 2023 results on Jul 13, 2023 Recent Insider Transactions • Jun 11
Founder & Director recently sold €187k worth of stock On the 7th of June, Erik Calissendorff sold around 10k shares on-market at roughly €18.75 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Erik's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €21.85, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 27x in the Electrical industry in Germany. Total loss to shareholders of 6.5% over the past year. Duyuru • May 08
Plejd Launches DWN-01, DWN-02, and LST-01 at the Elfack Electrician Fair Plejd announced that it is launching DWN-01, DWN-02, and LST-01 at the Elfack electrician fair in Gothenburg on May 9th, 2023, the first smart luminaires in the company's second product category. The company also shows the smart outdoor luminaire OUT-01 and a wireless battery-powered motion sensor. All smart luminaires incorporates adjustable color temperature meaning the light can easily be adjusted from warm white to cool white. It gives the electrician the advantage of having all combinations of color temperature in the same luminaire instead of having different models for different situations. Furthermore, the end customer can adapt the light according to design choice and occasion. Grouping of the luminaires is made wirelessly without needing a physical control wire, which significantly facilitates installation; no maximum power per group or the like needs to be considered. Wireless grouping is made easily and conveniently in the Plejd app and can be changed afterwards or as needed without new cabling. Functions such as astro/weekly scheduling and scenarios are built into smart luminaires, further simplifying installation. In addition, the end customer can easily adjust the color temperature to adapt the light to design choices and preferences. outdoor luminaire out-01 has a built-in battery backup and can be set to shine up, down, or in both directions simultaneously. Board Change • May 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Anders Persson was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: kr1.16 (vs kr1.48 in 1Q 2022) First quarter 2023 results: EPS: kr1.16 (down from kr1.48 in 1Q 2022). Revenue: kr144.5m (up 29% from 1Q 2022). Net income: kr12.4m (down 22% from 1Q 2022). Profit margin: 8.6% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 03
Full year 2022 earnings released: EPS: kr5.79 (vs kr3.90 in FY 2021) Full year 2022 results: EPS: kr5.79 (up from kr3.90 in FY 2021). Revenue: kr502.6m (up 38% from FY 2021). Net income: kr62.0m (up 49% from FY 2021). Profit margin: 12% (in line with FY 2021). Duyuru • Jan 03
Plejd AB (publ) to Report Fiscal Year 2022 Results on Feb 01, 2023 Plejd AB (publ) announced that they will report fiscal year 2022 results on Feb 01, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Chairman of the Board Ylwa Karlgren was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: kr1.07 (vs kr0.92 in 3Q 2021) Third quarter 2022 results: EPS: kr1.07 (up from kr0.92 in 3Q 2021). Revenue: kr115.9m (up 36% from 3Q 2021). Net income: kr11.5m (up 16% from 3Q 2021). Profit margin: 9.9% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 17% share price gain to €22.12, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 22x in the Electrical industry in Germany. Total loss to shareholders of 33% over the past year. Duyuru • Sep 23
Plejd AB (publ) Announces New Products At Light + Building 2022 Plejd AB (publ) exhibited at the fair Light + Building in Frankfurt between 2-6 of October 2022 and displays several new products for a broader expansion in Europe. Above all, new dimmer products are shown that work with most ofthe different third-party frames and switch series in the countries where the company operates. In addition, a device for controlling roller shutters is also being exhibited, JAL-01, and the wireless puck WIN-01, which enables wireless control from nearly all types of light switches on the market. Duyuru • Sep 20
Plejd AB (publ) to Report Q3, 2022 Results on Oct 19, 2022 Plejd AB (publ) announced that they will report Q3, 2022 results on Oct 19, 2022 Reported Earnings • Jul 15
Second quarter 2022 earnings released: EPS: kr1.48 (vs kr0.72 in 2Q 2021) Second quarter 2022 results: EPS: kr1.48 (up from kr0.72 in 2Q 2021). Revenue: kr122.2m (up 38% from 2Q 2021). Net income: kr15.8m (up 104% from 2Q 2021). Profit margin: 13% (up from 8.7% in 2Q 2021). The increase in margin was driven by higher revenue. Duyuru • Jun 21
Plejd AB (publ) to Report Q2, 2022 Results on Jul 20, 2022 Plejd AB (publ) announced that they will report Q2, 2022 results on Jul 20, 2022 Board Change • May 11
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Chairman of the Board Ylwa Karlgren was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 22
First quarter 2022 earnings released: EPS: kr1.48 (vs kr0.82 in 1Q 2021) First quarter 2022 results: EPS: kr1.48 (up from kr0.82 in 1Q 2021). Revenue: kr113.4m (up 40% from 1Q 2021). Net income: kr15.9m (up 81% from 1Q 2021). Profit margin: 14% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Duyuru • Apr 02
Plejd AB (publ), Annual General Meeting, Apr 28, 2022 Plejd AB (publ), Annual General Meeting, Apr 28, 2022. Agenda: To consider Presentation of the annual report and auditor's report as well as the consolidated accounts and the consolidated auditor's report; to consider Adoption of the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet; to consider Allocation of the company's profit or loss according to the adopted balance sheet; to consider Discharge from liability for the members of the board of directors and the managing director; to consider Resolution regarding the remuneration of the board of directors and the auditor; to consider Resolution to amend the articles of association; to consider Election of board members and auditors; and to consider other matters. Duyuru • Apr 01
Plejd AB (Publ) Propose New Election to the Board Plejd AB (publ) announced that it will propose to New election of Halldora von Koenigsegg and Emmanuel Ergul as board members and Ylwa Karlgren is elected chairman of the board of directors, at its AGM to be held on 28 April 2022. Duyuru • Mar 23
Plejd AB (publ) to Report Q1, 2022 Results on Apr 20, 2022 Plejd AB (publ) announced that they will report Q1, 2022 results on Apr 20, 2022 Recent Insider Transactions • Feb 25
Director recently sold €1.1m worth of stock On the 22nd of February, Erik Calissendorff sold around 47k shares on-market at roughly €22.71 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €887k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €25.95, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 51x in the Electrical industry in Germany. Reported Earnings • Feb 06
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr3.90 (up from kr1.69 in FY 2020). Revenue: kr368.9m (up 56% from FY 2020). Net income: kr41.7m (up 131% from FY 2020). Profit margin: 11% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Reported Earnings • Oct 24
Third quarter 2021 earnings released: EPS kr0.92 (vs kr0.30 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr86.6m (up 59% from 3Q 2020). Net income: kr9.89m (up 227% from 3Q 2020). Profit margin: 11% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue. Recent Insider Transactions • Aug 19
Director recently bought €188k worth of stock On the 16th of August, Erik Calissendorff bought around 5k shares on-market at roughly €37.69 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €309k more in shares than they bought in the last 12 months. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr0.72 (vs kr0.66 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: kr89.2m (up 74% from 2Q 2020). Net income: kr7.76m (up 16% from 2Q 2020). Profit margin: 8.7% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses.