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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.

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Redeye Rating

Joel Westerström

Equity Analyst

joel.westerstrom@redeye.se

+46735116853

Company Quality

  • 7.0
  • 4.0
  • 7.0
  • 7.0
  • 7.5

Leadership

Exclusive for members
Our leadership rating is based on execution, capital allocation, communication, experience and compensation. We look at senior management as well as the board of directors and we value an extensive history of high performance on our parameters. We believe FPC has taken several steps to improve its communication, though we still feel the company needs to improve its communication to its stakeholders further. When it comes to compensation, the surging share price has previously resulted in lucrative incentive programs as well as a rather high dilution. Although we believe senior management should be rewarded for a job well done, we believe incentive programs should not be overly generous. The experience of the board and senior management looks great when looking at their résumés, though we wish to see how the new additions contribute before we raise our rating. Finally, we have no remarks on how FPC allocates its capital. We leave our rating at six.

Ownership

Exclusive for members

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Profit outlook

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Profitability

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Capital Strength

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Key Model Assumptions - The Bear Case

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Key Model Assumptions - The Bull Case

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Key Model Assumptions - The Base Case

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Latest price

Exclusive for members

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Fair Value Range

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

Catalyst Potential

Impact

Timeframe

Short
Mid
Long

Company description

Fingerprint Cards (FPC) develops and sells biometric solutions. It is the world’s number one fingerprint sensor supplier and one of Europe’s largest fabless semiconductor companies. The market for biometrics is growing rapidly and will continue to do so driven by increased adoption in existing as well as new verticals as additional use cases emerge and more players joins the biometric ecosystem. Read more...
Fingerprint Cards (FPC) develops and sells biometric solutions. It is the world’s number one fingerprint sensor supplier and one of Europe’s largest fabless semiconductor companies. The market for biometrics is growing rapidly and will continue to do so driven by increased adoption in existing as well as new verticals as additional use cases emerge and more players joins the biometric ecosystem. FPC stands well positioned with a strong product offering, partnerships with key industry players and operational capabilities that are hard to match for new entrants and incumbents alike.
Less...

TODAY

Day High
36.14
35.49
0.13
+ 0.4%
Day Low
34.53
Day Open
35.90
Prev Close
35.49
VWAP
35.5
Volume
15,386K
Turnover
545.633M
Top Broker
VWAP
35.7
Avg Volume
36,243K
Avg Turnover
1,292.771M
Top Brokers
AVA/NON

52 WEEK SUMMARY

Price Range
Beta
n/a
Market Cap
11,512.7M
Total Return
-61.2%
Trailing P/E
5.5
Div Yield
0.0%
Shares Outstanding
324.4M
Next Earnings Date
4 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 -48.2%
Rel Price Chg 12 Months -66.9%
Volume Trend
Avg Vol 10 vs 60 Days 93.3%
Price vs...
52-Week High -70.2%
50-Day Moving Average -27.0%
200-Day Moving Average -50.8%

Historic pricing of Fingerprint Cards

Last price: 35.49 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

Christian Fredrikson, CEO
Johan Wilsby, CFO

Executive Board

Jan Wäreby, Chairman of the board
Katarina Bonde
Peter Carlsson
Michael Hallén
Åsa Hedin
Urban Fagerstedt
Tomas Mikaelsson
Carl-Johan von Plomgren

Last updated: 2017-03-24 Source: Redeye

Major Holders

Owner Equity Votes
Avanza Pension 9.4%
7.8%
Nordnet Pensionsförsäkring 2.0%
1.7%
Sunfloro 1.9%
15.9%
Vanguard 1.8%
1.5%
AMF Försäkring & Fonder 1.8%
1.5%
Magnus Unger 1.3%
1.1%
Oppenheimer 1.2%
1.0%
Danica Pension 1.1%
0.9%
Swedbank Försäkring 1.0%
0.8%
Första AP-Fonden 1.0%
0.8%

Last updated: 2017-03-24 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 Kvist, Malin ANB Sale + 56 1
2015-12-15 Svensson, Kim ANB Sale + 2 79
2015-12-15 Kvist, Malin ANB Sale + 29 38
2015-12-15 Svensson, Kim ANB Sale + 60 17
2015-12-15 Kvist, Sture ANB Sale + 20 15

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
  • -48.7%
  • -49.1%
  • -185.7%
  • -35.7%
  • -62.2%
  • -61.6%
  • -0.46
  • -0.46
  • 0.00
  • -0.32
  • 314.0M
  • 11,041.1
  • -77.4
  • -77.4
  • 47.7
  • 47.3
  • -132.3
  • -76.1
  • 37.0
  • 70.9%
  • 0.0%
  • -102
  • 199
  • 0.6
2015
  • 110.3%
  • 125.7%
  • 400.5%
  • 32.9%
  • 31.4%
  • 27.5%
  • 2.54
  • 2.54
  • 0.00
  • -3.28
  • 314.0M
  • 10,111.4
  • 14.0
  • 14.0
  • 3.8
  • 3.5
  • 10.6
  • 11.1
  • 9.7
  • 60.0%
  • 0.0%
  • -1,031
  • 115
  • 1.5
2016
  • 120.7%
  • 155.0%
  • 1,776.8%
  • 40.1%
  • 39.4%
  • 30.7%
  • 6.48
  • 6.48
  • 0.00
  • -3.70
  • 314.0M
  • 9,980.7
  • 5.5
  • 5.5
  • 1.7
  • 1.5
  • 3.6
  • 3.8
  • 4.8
  • 63.6%
  • 0.0%
  • -1,162
  • 1,064
  • 1.9
2017E
  • 48.3%
  • 58.0%
  • 133.4%
  • 32.3%
  • 31.1%
  • 24.3%
  • 4.52
  • 4.52
  • 1.25
  • -5.21
  • 314.0M
  • 7,792.6
  • 7.9
  • 7.9
  • 1.3
  • 0.9
  • 4.1
  • 4.3
  • 2.4
  • 76.8%
  • 3.5%
  • -1,635
  • 2,010
  • 1.2
2018E
  • 46.0%
  • 54.0%
  • 103.4%
  • 32.4%
  • 31.7%
  • 24.5%
  • 6.56
  • 6.56
  • 1.75
  • -9.14
  • 314.0M
  • 8,274.7
  • 5.4
  • 5.4
  • 1.0
  • 0.7
  • 2.0
  • 2.1
  • 1.6
  • 79.1%
  • 4.3%
  • -2,868
  • 2,445
  • 1.3
2019E
  • 41.1%
  • 48.8%
  • 107.3%
  • 32.0%
  • 31.0%
  • 24.0%
  • 8.30
  • 8.30
  • 2.50
  • -14.23
  • 314.0M
  • 6,675.1
  • 4.3
  • 2.8
  • 0.7
  • 0.4
  • 1.3
  • 1.3
  • 1.2
  • 81.8%
  • 5.1%
  • -4,468
  • 2,901
  • 1.2
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
  • 234
  • -317
  • -83
  • -62
  • 0
  • 0
  • -145
  • 0
  • 2
  • 0
  • -143
  • -1
  • -144
2015
  • 2,901
  • -1,947
  • 954
  • -43
  • 0
  • 0
  • 910
  • 0
  • -0
  • 0
  • 910
  • -112
  • 798
2016
  • 6,638
  • -3,977
  • 2,661
  • -48
  • 0
  • -1
  • 2,613
  • 0
  • 0
  • 0
  • 2,614
  • -579
  • 2,035
2017E
  • 3
  • 8
  • 5
  • 10
  • 2
  • 0
  • 8
  • 1
  • 2
  • 2
  • 9
  • 9
  • 10
Q1E
  • 8
  • 0
  • 0
  • 2
  • 1
  • 6
  • 5
  • 4
  • 7
  • 7
  • 10
  • 9
  • 9
Q2E
  • 6
  • 10
  • 4
  • 6
  • 2
  • 4
  • 1
  • 2
  • 10
  • 6
  • 1
  • 2
  • 2
Q3E
  • 8
  • 4
  • 8
  • 5
  • 4
  • 3
  • 0
  • 9
  • 1
  • 1
  • 3
  • 9
  • 6
Q4E
  • 1
  • 2
  • 1
  • 9
  • 2
  • 8
  • 7
  • 0
  • 5
  • 7
  • 2
  • 6
  • 4
2017E
  • 4
  • 5
  • 0
  • 7
  • 10
  • 2
  • 9
  • 8
  • 6
  • 3
  • 8
  • 9
  • 0
2018E
  • 2
  • 8
  • 0
  • 3
  • 0
  • 10
  • 0
  • 5
  • 6
  • 5
  • 0
  • 9
  • 10
Q1E
  • 3
  • 8
  • 1
  • 4
  • 3
  • 5
  • 1
  • 2
  • 9
  • 3
  • 7
  • 8
  • 7
Q2E
  • 3
  • 8
  • 8
  • 2
  • 7
  • 0
  • 9
  • 4
  • 0
  • 2
  • 6
  • 3
  • 5
Q3E
  • 9
  • 9
  • 3
  • 2
  • 7
  • 3
  • 5
  • 4
  • 5
  • 5
  • 2
  • 8
  • 10
Q4E
  • 8
  • 7
  • 2
  • 6
  • 7
  • 8
  • 0
  • 1
  • 0
  • 9
  • 0
  • 10
  • 4
2018E
  • 5
  • 5
  • 6
  • 1
  • 2
  • 9
  • 4
  • 4
  • 5
  • 9
  • 7
  • 5
  • 10
2019E
  • 2
  • 8
  • 10
  • 2
  • 9
  • 0
  • 4
  • 2
  • 10
  • 1
  • 2
  • 6
  • 0
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
  • 102
  • 116
  • 99
  • 20
  • 336
  • 19
  • 0
  • 0
  • 0
  • 0
  • 70
  • 0
  • 89
  • 0
  • 425
  • 0
  • 88
  • 36
  • 123
  • 0
  • 0
  • 0
  • 124
  • 0
  • 0
  • 301
  • 0
  • 301
  • 425
2015
  • 1,031
  • 618
  • 153
  • 37
  • 1,839
  • 21
  • 0
  • 0
  • 0
  • 0
  • 50
  • 0
  • 71
  • 0
  • 1,910
  • 0
  • 650
  • 114
  • 763
  • 0
  • 0
  • 0
  • 763
  • 0
  • 0
  • 1,147
  • 0
  • 1,147
  • 1,910
2016
  • 1,162
  • 1,132
  • 673
  • 435
  • 3,402
  • 29
  • 0
  • 0
  • 0
  • 0
  • 71
  • 0
  • 101
  • 0
  • 3,503
  • 0
  • 1,080
  • 61
  • 1,141
  • 0
  • 0
  • 0
  • 1,141
  • 0
  • 136
  • 2,226
  • 0
  • 2,226
  • 3,503
2017E
  • 5
  • 10
  • 6
  • 4
  • 3
  • 5
  • 9
  • 7
  • 7
  • 1
  • 9
  • 2
  • 5
  • 8
  • 9
  • 3
  • 7
  • 9
  • 2
  • 3
  • 0
  • 9
  • 0
  • 5
  • 7
  • 6
  • 0
  • 5
  • 7
2018E
  • 2
  • 1
  • 5
  • 10
  • 1
  • 10
  • 5
  • 3
  • 4
  • 0
  • 9
  • 8
  • 5
  • 0
  • 2
  • 5
  • 1
  • 2
  • 2
  • 5
  • 4
  • 0
  • 9
  • 0
  • 3
  • 3
  • 2
  • 4
  • 2
2019E
  • 7
  • 6
  • 0
  • 6
  • 3
  • 5
  • 4
  • 3
  • 5
  • 9
  • 1
  • 4
  • 9
  • 10
  • 1
  • 2
  • 3
  • 6
  • 0
  • 4
  • 5
  • 6
  • 1
  • 1
  • 8
  • 3
  • 4
  • 10
  • 7
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
  • 234
  • -317
  • -62
  • -145
  • -1
  • -146
  • 62
  • -84
  • -92
  • -91
  • -267
2015
  • 2,901
  • -1,947
  • -43
  • 910
  • -112
  • 799
  • 43
  • 842
  • 67
  • -25
  • 883
2016
  • 6,638
  • -3,977
  • -48
  • 2,613
  • -579
  • 2,034
  • 48
  • 2,083
  • -1,055
  • -79
  • 226
2017E
  • 4
  • 7
  • 1
  • 6
  • 1
  • 3
  • 9
  • 2
  • 8
  • 1
  • 7
2018E
  • 2
  • 9
  • 10
  • 0
  • 8
  • 0
  • 0
  • 7
  • 1
  • 5
  • 10
2019E
  • 10
  • 0
  • 2
  • 10
  • 9
  • 9
  • 9
  • 0
  • 4
  • 9
  • 2
Previous year Next year
More