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About The Company

CEO

Mr. Bjorn Karlsson

Market Cap

2.74 Billion SEK

Sector

Industrials

Website

https://www.mildef.com

Description

MilDef Group AB (publ), through its subsidiaries, develops, manufactures, and sells rugged IT solutions and special electronics primarily to customers in the security and defense sectors.

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Overview

Value

4

Growth

34

Health

47

Management

44

Analyst Opinion

86

Total

43

All Scores Out Of 100

Best Features

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

Risk Factors

  • Overvalued on cashflow basis
  • Earnings have declined recently
  • Income is not covering expenditure and investment
  • Earnings are negative
  • 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 136.5 is higher than the market average (19.6x)
  • Dividend could be at risk

Market Peers

MILDEF.ST

Key Figures

PE Ratio (TTM)

136.52

Margin Of Safety (DCF)

-73.79%

Revenue Growth (5 Year Average)

15.86%

Ratings Consensus

Strong Buy

Share Buybacks

-3.16%

Dividend Yeild (TTM)

N/A

Valuation

Value Score

4

  • Estimated intrinsic-value of 17.53 SEK is lower than current price ( 68.70 SEK)
  • Price-to-earnings ratio of 136.5 is higher than the market average (19.6x)
  • Free-cashflow-yeild of -0.29% is worse than the market average (4.7%)
  • Margin-of-safety of -73.79% 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: < 16 SEK

Current Price: 66.9 SEK

Negative Cashflows: Cashflow can become negative due to operating losses, investing activities or financing activites. Negative cashflow makes it dificult to use a discounted free cashflow model to assess intrinsic value.

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

136.52x

Free Cashflow Yeild

-0.29%

PE/Earnings Growth

N/A

Price/Book

3.48x

Growth

Growth Score

34

  • 5 Year Average Revenue growth of 15.86% is higher than the market average (10.97%)
  • Revenue growth has improved this yeara
  • Free Cashflow growth has improved this year
  • 5 Year Average Earnings growth of N/A is lower than the market average (14.48%)
  • Earnings growth has slowed this year
  • 5 Year Average Free Cashflow growth of N/A is lower than the market average (12.35%)

Revenue Growth

15.86%

Earnings Growth

N/A

Cashflow Growth

N/A

Health

Health Score

47

  • Low risk of bankruptcy
  • Has a low level of debt
  • Assets cover liabilities
  • Normal operation does not require debt to be sustainable
  • Cashflow is negative
  • Debt repayments significantly impact cashflow

Altman Z Score

3.66

Piostroski Score

5.00

Debt/Equity

0.18x

Current Assets/Liabilities

3.25x

Free Cashflow/Total Debt

N/Ax

Debt/Capital

0.24x

Dividend

Secure Dividend Score

29

  • Long term dividend payout ratio of -811.57% is considered good
  • Payout ratio (TTM) of N/A is lower than the average (40%)
  • Dividends have shown growth over the last 5 years
  • Dividend yeild of N/A is less than the market average (1.85%)
  • Very unsafe
  • Spending a higher percentage of their income on dividends than last 5 years

Dividend Yeild

N/A

Dividend Growth

24.64%

Payout Ratio (Earnings)

N/A

Payout Ratio (Cashflow)

N/A

Management

Management Score

44

  • Has issued new shares to finance growth when share price is high
  • Return-on-capital-employed of 4.96% is lower than the market average (10%)
  • Has a history of diluting shareholders to finance activity
  • Return-on-equity of -0.21% is lower than the market average (15%)

Average Buybacks/Dilution

-3.16%

Recent Buybacks/Dilution

51.89%

5 Year Price Volitility

12.23%

Return On Assets

-0.15%

Return On Capital Employed

4.96%

Return On Equity

-0.21%

Return On Free Cashflow

-2.26%

Return On Investments

N/A

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

MilDef Group AB (publ)

Currency

SEK

Beta

0

Vol Avg

65595

Ceo

Mr. Bjorn Karlsson

Cik

Cusip

Exchange

Stockholm Stock Exchange

Full Time Employees

285

Industry

Aerospace & Defense

Sector

Industrials

Ipo Date

2021-06-04

Address

MuskOetgatan 6

City

Helsingborg

State

Country

SE

Zip

254 66

Phone

46 42 25 00 00

All financial data provided by FMP

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