Redeye Members Network

To access members-only content, you must login or register an account. The Redeye membership is free, but you need to apply via our application form.

Our membership is about gaining access to unique research and knowledge through our analysts and a network of peers. Be the first to get information about news and research in the Nordic life science and technology sectors and use our tools and education to reach your personal and professional goals in investing.

  • Peers

Catalyst Potential

It is important to look beyond the numbers and seek a likely catalysts, which could unlock value, and estimate how long it will take for the catalyst to play out. These events, or Catalyst Potential, reduce risk by narrowing the gap between price and value in a more predictable way. This is particularly important when investing in a low-quality business where time is like a ticking bomb stacked against the company.

Catalyst Potential is a Premium members feature in Redeye Universe.

APPLY FOR MEMBERSHIP

Redeye Rating

Klas Palin

Equity Analyst

klas.palin@redeye.se

+46854501344

Company Quality

  • 7.0
  • 7.0
  • 5.5
  • 0.0
  • 2.0

Leadership

Exclusive for members
Alligator har en väl sammansatt fokuserad ledningsgrupp och styrelse, uppbyggd kring personer med lång erfarenhet inom branschen. Bolaget har etablerat viktiga samarbeten med institutioner inom området, men framför allt lyckats få till det betydelsefulla samarbetet med Johnson & Johnson.

Ownership

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Profit outlook

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Profitability

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Capital Strength

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Key Model Assumptions - The Bear Case

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Key Model Assumptions - The Bull Case

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Key Model Assumptions - The Base Case

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Latest price

Exclusive for members

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Fair Value Range

Last Price
Key Model Assumptions - The Bear Case
Key Model Assumptions - The Bull Case
Key Model Assumptions - The Base Case

TODAY

Day High
32.70
32.10
0.50
-1.5%
Day Low
32.00
Day Open
33.90
Prev Close
32.60
VWAP
32.3
Volume
60K
Turnover
1.926M
Top Broker
AVA
VWAP
32.9
Avg Volume
55K
Avg Turnover
1.816M
Top Brokers
AVA/NON

52 WEEK SUMMARY

Price Range
Beta
n/a
Market Cap
2,308.5M
Total Return
-14.4%
Trailing P/E
10.5
Div Yield
0.0%
Shares Outstanding
70.8M
Next Earnings Date
2 May
Stock Exchange
NASDAQ Stockholm

Identify and measure trend strength in stocks with our Momentum tool to identify potential entry and exit signals. The tool provides a set of the most simple but powerful indicators that identify whether a stock is under sell or buy pressure.

Relative Price Strength
Rel Price Chg 3 Months -19.6%
Rel Price Chg 12 Months -26.1%
Volume Trend
Avg Vol 10 vs 60 Days -34.1%
Price vs...
52-Week High -20.0%
50-Day Moving Average -2.1%
200-Day Moving Average -3.2%

Historic pricing of Alligator Bioscience

Last price: 32.10 SEK

Loading data...

Prev Close [[ prevClose|number:2 ]] SEK Change [[ changeValue|number:2 ]] %
High [[ highValue|number:2 ]] SEK Avg Daily Volume [[ avgVolume|number:0 ]] Shares
Low [[ lowValue|number:2 ]] SEK Avg Daily Turnover [[ graphAvgTurnover|number:2 ]] SEK

Management

Per Norlén, CEO
Per-Olof Schrewelius, CFO

Executive Board

Peter Benson, Chairman of the board
Carl Borrebaeck
Kenth Petersson
Mathias Uhlén
Jakob Lindberg
Jonas Sjögren

Last updated: 2017-02-13 Source: Redeye

Major Holders

Owner Equity Votes
Banque Internationale à Luxembourg SA 18.1%
18.1%
Johnson & Johnson Innovation 8.2%
8.2%
Sunstone Life Science Ventures 8.2%
8.2%
Duba AB (Investor) 7.0%
7.0%
Lars Spånberg 4.6%
4.6%
Atlas Antibodies AB 3.7%
3.7%
Stena AB 3.6%
3.6%
JP MORGAN Bank Luxembourg 2.6%
2.6%
Norron 2.4%
2.4%
Catella Fonder 2.2%
2.2%

Last updated: 2017-02-13 Source: Redeye

Insider transaction summary

Total insider purchases and sales reported

Timeframe Transactions Net Shares
Last 12 Weeks

0 Purchases

+ 0

0 Sales

- 0

Last 24 Weeks

0 Purchases

+ 0

0 Sales

- 0

Most recent insider transactions

Exclusive for members
Report Date Name Position Transaction Shares Chg Est Value (SEK)
2015-12-15 Svensson, Sture ANB Sale + 78 143
2015-12-15 Kvist, Sture ANB Sale + 21 164
2015-12-15 Kvist, Malin ANB Sale + 20 153
2015-12-15 Kvist, Kim ANB Sale + 0 101
2015-12-15 Svensson, Kim ANB Sale + 60 45

Source: Millistream – FI

More
  • Profitability
  • ROE
  • ROCE
  • ROIC
  • EBITDA margin
  • EBIT margin
  • Net margin
  • Per share data (SEK)
  • EPS
  • EPS adj
  • Dividend
  • Net debt
  • Total shares
  • Valuation
  • EV (SEKm)
  • P/E
  • P/E diluted
  • P/Sales
  • EV/Sales
  • EV/EBITDA
  • EV/EBIT
  • P/BV
  • Capital structure
  • Equity ratio
  • Debt/equity ratio
  • Net debt (SEKm)
  • Capital employed (SEKm)
  • Capital turnover rate
Previous year Next year
2014/2015
  • 0.0%
  • -225.4%
  • 0.0%
  • -6,593.8%
  • -6,593.8%
  • -6,557.0%
  • 0.00
  • 0.00
  • 0.00
  • 0.00
  • 0.0M
  • -37.4
  • 0.0
  • 0.0
  • 0.0
  • -32.0
  • 0.5
  • 0.5
  • 0.0
  • 70.1%
  • 0.0%
  • -37
  • 31
  • 0.0
2015/2016
  • 89.1%
  • 87.2%
  • 652.9%
  • 70.1%
  • 70.1%
  • 71.6%
  • 3.51
  • 3.51
  • 0.00
  • -6.20
  • 59.0M
  • 1,528.7
  • 9.1
  • 9.1
  • 6.5
  • 5.3
  • 7.5
  • 7.5
  • 4.8
  • 95.4%
  • 0.0%
  • -366
  • 31
  • 0.7
2016/2017E
  • -10.5%
  • -10.5%
  • -193.0%
  • -66.5%
  • -112.1%
  • -102.2%
  • -0.77
  • -0.77
  • 0.00
  • -8.88
  • 71.5M
  • 1,660.0
  • -41.6
  • -41.6
  • 35.1
  • 30.7
  • -46.2
  • -27.4
  • 2.9
  • 97.6%
  • 0.0%
  • -635
  • 19
  • 0.1
2017/2018E
  • 13.9%
  • 13.9%
  • 493.6%
  • 44.7%
  • 43.6%
  • 45.7%
  • 1.38
  • 1.38
  • 0.00
  • -10.39
  • 71.5M
  • 1,552.0
  • 23.3
  • 23.3
  • 10.2
  • 7.2
  • 16.1
  • 16.5
  • 2.9
  • 97.6%
  • 0.0%
  • -743
  • 22
  • 0.3
2018/2019E
  • 7.2%
  • 7.2%
  • 241.4%
  • 24.3%
  • 24.3%
  • 26.4%
  • 0.80
  • 0.80
  • 0.00
  • -11.16
  • 71.5M
  • 1,496.9
  • 40.1
  • 40.1
  • 10.5
  • 6.9
  • 28.4
  • 28.4
  • 2.8
  • 97.8%
  • 0.0%
  • -798
  • 24
  • 0.3
2019/2020E
  • -5.8%
  • -7.4%
  • -197.9%
  • -59.4%
  • -59.4%
  • -44.8%
  • -0.64
  • -0.64
  • 0.00
  • -10.54
  • 71.5M
  • 1,541.4
  • -49.9
  • -49.9
  • 22.1
  • 15.0
  • -25.3
  • -25.3
  • 2.9
  • 98.1%
  • 0.0%
  • -753
  • 23
  • 0.1
Previous year Next year
    (SEKm)
  • Net sales
  • Total operating costs
  • EBITDA
  • Depreciation
  • Amortization
  • Impairment charges
  • EBIT
  • Share in profits
  • Net financial items
  • Exchange rate dif.
  • Pre-tax profit
  • Tax
  • Net earnings
Previous year Next year
2014/2015
  • 1
  • -78
  • -77
  • 0
  • 0
  • 0
  • -77
  • 0
  • 0
  • 0
  • -77
  • 0
  • -77
2015/2016
  • 290
  • -87
  • 203
  • 0
  • 0
  • 0
  • 203
  • 0
  • 4
  • 0
  • 207
  • 0
  • 207
2016/2017E
  • 7
  • 8
  • 3
  • 7
  • 9
  • 8
  • 1
  • 0
  • 6
  • 4
  • 5
  • 3
  • 8
2017/2018E
  • 1
  • 1
  • 4
  • 8
  • 9
  • 5
  • 6
  • 3
  • 8
  • 3
  • 8
  • 1
  • 4
2018/2019E
  • 9
  • 3
  • 3
  • 8
  • 6
  • 5
  • 10
  • 5
  • 7
  • 1
  • 0
  • 6
  • 1
2019/2020E
  • 6
  • 9
  • 0
  • 7
  • 2
  • 6
  • 1
  • 7
  • 7
  • 10
  • 5
  • 5
  • 8
Previous year Next year
    (SEKm)
  • Assets
  • Current assets
  • Cash in banks
  • Receivables
  • Inventories
  • Other current assets
  • Current assets
  • Fixed assets
  • Tangible assets
  • Associated comp.
  • Investments
  • Goodwill
  • Cap. exp. for dev.
  • O intangible rights
  • O non-current assets
  • Total fixed assets
  • Deferred tax assets
  • Total (assets)
  • Liabilities
  • Current liabilities
  • Short-term debt
  • Accounts payable
  • O current liabilities
  • Current liabilities
  • Long-term debt
  • O long-term liabilities
  • Convertibles
  • Total Liabilities
  • Deferred tax liab
  • Provisions
  • Shareholders' equity
  • Minority interest (BS)
  • Minority & equity
  • Total liab & SE
Previous year Next year
2014/2015
  • 37
  • 0
  • 0
  • 4
  • 41
  • 2
  • 0
  • 0
  • 0
  • 0
  • 54
  • 0
  • 56
  • 0
  • 98
  • 0
  • 4
  • 25
  • 29
  • 0
  • 0
  • 0
  • 29
  • 0
  • 0
  • 69
  • 0
  • 69
  • 98
2015/2016
  • 366
  • 1
  • 0
  • 4
  • 370
  • 2
  • 0
  • 0
  • 0
  • 0
  • 43
  • 0
  • 46
  • 0
  • 416
  • 0
  • 5
  • 14
  • 19
  • 0
  • 0
  • 0
  • 19
  • 0
  • 0
  • 397
  • 0
  • 397
  • 416
2016/2017E
  • 3
  • 10
  • 10
  • 0
  • 4
  • 8
  • 9
  • 2
  • 3
  • 10
  • 10
  • 8
  • 9
  • 8
  • 8
  • 9
  • 6
  • 6
  • 8
  • 1
  • 7
  • 6
  • 9
  • 0
  • 1
  • 6
  • 6
  • 2
  • 0
2017/2018E
  • 0
  • 10
  • 4
  • 5
  • 8
  • 1
  • 10
  • 7
  • 10
  • 1
  • 4
  • 8
  • 10
  • 8
  • 5
  • 10
  • 8
  • 5
  • 0
  • 10
  • 0
  • 7
  • 10
  • 8
  • 2
  • 7
  • 9
  • 1
  • 8
2018/2019E
  • 8
  • 5
  • 0
  • 6
  • 0
  • 10
  • 5
  • 7
  • 6
  • 5
  • 5
  • 1
  • 5
  • 3
  • 9
  • 1
  • 1
  • 0
  • 5
  • 2
  • 0
  • 10
  • 4
  • 5
  • 7
  • 7
  • 4
  • 10
  • 2
2019/2020E
  • 9
  • 10
  • 5
  • 2
  • 4
  • 3
  • 3
  • 3
  • 6
  • 2
  • 9
  • 2
  • 2
  • 6
  • 0
  • 5
  • 3
  • 8
  • 2
  • 8
  • 5
  • 3
  • 0
  • 10
  • 3
  • 2
  • 8
  • 4
  • 5
Previous year Next year
    (SEKm)
  • Net sales
  • Total operating costs
  • Depreciations total
  • EBIT
  • Taxes on EBIT
  • NOPLAT
  • Depreciation
  • Gross cash flow
  • Change in WC
  • Gross CAPEX
  • Free cash flow
Previous year Next year
2014/2015
  • 1
  • -78
  • 0
  • -77
  • 0
  • -77
  • 0
  • -77
  • 25
  • -56
  • -67
2015/2016
  • 290
  • -87
  • 0
  • 203
  • 0
  • 203
  • 0
  • 203
  • -11
  • 11
  • 201
2016/2017E
  • 4
  • 9
  • 10
  • 7
  • 2
  • 4
  • 10
  • 0
  • 1
  • 0
  • 7
2017/2018E
  • 10
  • 4
  • 10
  • 7
  • 6
  • 6
  • 9
  • 9
  • 10
  • 9
  • 2
2018/2019E
  • 8
  • 9
  • 10
  • 10
  • 8
  • 7
  • 3
  • 1
  • 8
  • 6
  • 5
2019/2020E
  • 8
  • 6
  • 1
  • 0
  • 7
  • 4
  • 8
  • 9
  • 5
  • 10
  • 8
Previous year Next year
More

Financial Reports

More