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About The Company

CEO

Mr. Pontus Bodelsson

Market Cap

5.52 Billion SEK

Sector

Industrials

Website

https://www.karnovgroup.com

Description

Karnov Group AB (publ) provides online and offline information products and services for professionals in the areas of legal, tax and accounting, environmental, and health and safety in Denmark, Norway, Sweden, and other European countries.

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Overview

Value

17

Growth

22

Health

52

Management

34

Analyst Opinion

86

Total

42

All Scores Out Of 100

Best Features

  • Has a low level of debt
  • Liked by analysts
  • Low preportion of income is paid as dividend

Risk Factors

  • Overvalued on cashflow basis
  • Earnings have declined recently
  • There is a history of diluting shareholders
  • No margin of safety at their current market price
  • Poor earnings and cashflow growth
  • Price-to-earnings ratio of 73.8 is higher than the market average (19.6x)
  • Accounting anomalies: Growing revenues without a corresponding growth in cash flows.
  • 0

Market Peers

KAR.ST

Key Figures

PE Ratio (TTM)

73.78

Margin Of Safety (DCF)

-53.36%

Revenue Growth (5 Year Average)

7.18%

Ratings Consensus

Strong Buy

Share Buybacks

-0.43%

Dividend Yeild (TTM)

N/A

Valuation

Value Score

17

  • Estimated intrinsic-value of 23.88 SEK is lower than current price ( 51.20 SEK)
  • Price-to-earnings ratio of 73.8 is higher than the market average (19.6x)
  • Free-cashflow-yeild of 3.75% is worse than the market average (4.7%)
  • Margin-of-safety of -53.36% is worse than the market average (17.95%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 24.9 SEK

Current Price: 51.2 SEK

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

73.78x

Free Cashflow Yeild

3.75%

PE/Earnings Growth

N/A

Price/Book

2.39x

Growth

Growth Score

22

  • Revenue growth has improved this yeara
  • 5 Year Average Revenue growth of 7.18% is lower than the market average (10.97%)
  • 5 Year Average Earnings growth of -3.15% is lower than the market average (14.48%)
  • Earnings growth has slowed this year
  • 5 Year Average Free Cashflow growth of -2.25% is lower than the market average (12.35%)
  • Free Cashflow growth has slowed this year

Revenue Growth

7.18%

Earnings Growth

-3.15%

Cashflow Growth

-2.25%

Health

Health Score

52

  • Assets cover liabilities
  • Requires debt for normal operation to be sustainable
  • Debt repayments significantly impact cashflow

Altman Z Score

1.90

Piostroski Score

5.00

Debt/Equity

0.59x

Current Assets/Liabilities

1.74x

Free Cashflow/Total Debt

N/Ax

Debt/Capital

1.24x

Management

Management Score

34

  • Has issued new shares to finance growth when share price is high
  • Return-on-capital-employed of 3.50% is lower than the market average (10%)
  • Has a history of diluting shareholders to finance activity
  • Return-on-equity of 2.16% is lower than the market average (15%)

Average Buybacks/Dilution

-0.43%

Recent Buybacks/Dilution

0.00%

5 Year Price Volitility

10.80%

Return On Assets

1.10%

Return On Capital Employed

3.50%

Return On Equity

2.16%

Return On Free Cashflow

-99.25%

Return On Investments

86.41%

Analysts

Analyst Opinion

86

  • Ratings consensus is Strong Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

Currency

SEK

Beta

Vol Avg

Ceo

Mr. Pontus Bodelsson

Cik

Cusip

Exchange

Stockholm Stock Exchange

Full Time Employees

Industry

Specialty Business Services

Sector

Industrials

Ipo Date

Address

Warfvinges väg 39

City

Stockholm

State

Country

Zip

112 51

Phone

46 8 58 76 70 00

All financial data provided by FMP

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