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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

Kristoffer Lindström

Equity Analyst

kristoffer.lindstrom@redeye.se

+46854501330

Company Quality

  • 9.0
  • 7.0
  • 6.0
  • 8.0
  • 6.5

Leadership

Exclusive for members
Hexatronic has a strong management team of entrepreneurial people with plenty of skin in the game. CEO have significant experience from the telecom industry. Staff at other key positions, that joined the group through last year’s acquisitions, are also intact. The company has delivered so far on their financial goals but we would like to see further transparency on subsidiary/segment level as Hexatronics corporate structure becomes more and more complex.

Ownership

Exclusive for members

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Profit outlook

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Profitability

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Capital Strength

Exclusive for members

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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

Hexatronic is present in the industry of communication solutions for fiber optic communications. The main market that the company operates in is the so called FTTH (Fiber-To-The-Home). The company is a supplier of products through the whole infrastructure of fiber optics. Read more...
Hexatronic is present in the industry of communication solutions for fiber optic communications. The main market that the company operates in is the so called FTTH (Fiber-To-The-Home). The company is a supplier of products through the whole infrastructure of fiber optics. The main customers are the largest network suppliers, telecom companies and installers. The company operates mainly in the Northern European markets, but also delivers significant volumes to the rest of the world.

Hexatronic have about 130 employees and is listed on Nasdaq OMX First North since 2014-04 before that it was listed on NGM and Aktietorget. In 2014 Hexatronic bought Ericssons cable factory in Hudiksvall, Sweden, to broaden its offer of fiber cable products. The company competes in two sub-markets within the Fibre cable industry; Land solutions and Submarine solutions. Most companies in the optical fibre business is only present in one or two parts of the infrastructure and not throughout the whole as Hexatronic, this is the compan’s main advantage as they want to develop system deliveries instead of in single product deliveries. Hexatronic want to grow their business by gaining market share by delivering systems and by acquiring companies with an international presence.
Less...

TODAY

Day High
42.00
41.70
0.20
-0.5%
Day Low
41.30
Day Open
42.00
Prev Close
41.90
VWAP
41.8
Volume
9K
Turnover
0.375M
Top Broker
AVA
VWAP
42.4
Avg Volume
83K
Avg Turnover
3.533M
Top Brokers
AVA/NON

52 WEEK SUMMARY

Price Range
Beta
n/a
Market Cap
1,514.3M
Total Return
117.5%
Trailing P/E
32.2
Div Yield
0.0%
Shares Outstanding
36.1M
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 7.6%
Rel Price Chg 12 Months 78.3%
Volume Trend
Avg Vol 10 vs 60 Days -17.7%
Price vs...
52-Week High -12.9%
50-Day Moving Average -4.2%
200-Day Moving Average 17.4%

Historic pricing of Hexatronic Group

Last price: 41.70 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

Henrik Larsson-Lyon, CEO
Lennart Sparud, CFO

Executive Board

Anders Persson, Chairman of the board
Gert Nordin
Erik Selin
Mark H. Shay
Malin Persson
Malin Frenning

Last updated: 2017-02-07 Source: Redeye

Major Holders

Owner Equity Votes
Accendo Capital 13.2%
13.2%
Göran Nordlund, privat och via bolag 9.7%
9.7%
Jonas Nordlund, privat och via bolag 9.0%
9.0%
Gert Nordin 8.0%
8.0%
Martin Åberg och Erik Selin via Chirp AB 4.9%
4.9%
Placeringsfond småbolagsfond, Norden 3.7%
3.7%
Jovitech Invest AB 3.5%
3.5%
Försäkringsbolaget Avanza Pension 3.2%
3.2%
Swedbank Robur Västfonden 2.8%
2.8%
Henrik Larsson Lyon 2.3%
2.3%

Last updated: 2017-02-07 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, Sture ANB Sale + 78 91
2015-12-15 Svensson, Kim ANB Sale + 72 63
2015-12-15 Svensson, Sture ANB Sale + 26 150
2015-12-15 Svensson, Malin ANB Sale + 50 36
2015-12-15 Kvist, Malin ANB Sale + 11 179

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
  • 66.6%
  • 83.0%
  • 181.4%
  • 12.1%
  • 11.1%
  • 8.3%
  • 1.70
  • 1.70
  • 0.00
  • -1.16
  • 24.3M
  • 986.8
  • 24.5
  • 24.5
  • 2.0
  • 2.0
  • 16.3
  • 17.9
  • 9.3
  • 40.7%
  • 0.0%
  • -28
  • 81
  • 1.9
2015
  • 20.9%
  • 26.1%
  • 47.6%
  • 10.2%
  • 8.0%
  • 6.0%
  • 1.12
  • 1.12
  • 0.00
  • -0.57
  • 33.5M
  • 1,379.3
  • 37.4
  • 37.4
  • 2.2
  • 2.2
  • 21.7
  • 27.6
  • 5.6
  • 51.7%
  • 7.0%
  • -19
  • 230
  • 1.3
2016
  • 15.3%
  • 20.2%
  • 20.9%
  • 9.1%
  • 7.1%
  • 4.7%
  • 1.25
  • 1.25
  • 0.00
  • -0.03
  • 33.7M
  • 1,403.4
  • 33.5
  • 33.5
  • 1.6
  • 1.6
  • 17.3
  • 22.3
  • 4.7
  • 49.7%
  • 6.3%
  • -1
  • 300
  • 1.5
2017E
  • 27.8%
  • 34.2%
  • 40.0%
  • 11.5%
  • 9.5%
  • 6.0%
  • 2.59
  • 2.59
  • 0.29
  • 1.90
  • 37.5M
  • 1,635.7
  • 16.1
  • 16.1
  • 0.9
  • 1.0
  • 8.8
  • 10.7
  • 3.8
  • 38.4%
  • 9.1%
  • 71
  • 469
  • 1.6
2018E
  • 23.4%
  • 27.6%
  • 24.6%
  • 12.8%
  • 10.2%
  • 7.1%
  • 2.78
  • 2.78
  • 0.00
  • -1.27
  • 37.5M
  • 1,516.7
  • 15.0
  • 15.0
  • 1.0
  • 1.0
  • 8.1
  • 10.2
  • 3.1
  • 50.5%
  • 2.4%
  • -48
  • 444
  • 1.5
2019E
  • 25.8%
  • 32.6%
  • 34.0%
  • 13.4%
  • 11.0%
  • 8.3%
  • 3.88
  • 3.88
  • 0.00
  • -2.67
  • 37.5M
  • 1,464.2
  • 10.7
  • 10.7
  • 0.9
  • 0.8
  • 6.2
  • 7.6
  • 2.4
  • 53.6%
  • 1.6%
  • -100
  • 537
  • 1.5
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
  • 497
  • -437
  • 60
  • -5
  • 0
  • 0
  • 55
  • 0
  • -1
  • 0
  • 54
  • -13
  • 41
2015
  • 627
  • -564
  • 64
  • -14
  • 0
  • 0
  • 50
  • 0
  • -1
  • 0
  • 49
  • -11
  • 37
2016
  • 891
  • -810
  • 81
  • -18
  • 0
  • 0
  • 63
  • 0
  • -8
  • 0
  • 55
  • -13
  • 42
2017E
  • 4
  • 4
  • 9
  • 0
  • 10
  • 6
  • 3
  • 1
  • 8
  • 5
  • 1
  • 5
  • 6
Q1
  • 336
  • -297
  • 39
  • -6
  • 0
  • 0
  • 33
  • 0
  • -10
  • 0
  • 23
  • -5
  • 18
Q2E
  • 0
  • 10
  • 9
  • 4
  • 8
  • 9
  • 7
  • 8
  • 9
  • 9
  • 2
  • 9
  • 10
Q3E
  • 1
  • 9
  • 5
  • 6
  • 6
  • 5
  • 7
  • 3
  • 9
  • 4
  • 4
  • 10
  • 9
Q4E
  • 0
  • 10
  • 4
  • 2
  • 5
  • 0
  • 2
  • 1
  • 8
  • 5
  • 2
  • 2
  • 6
2017E
  • 4
  • 10
  • 6
  • 0
  • 3
  • 9
  • 3
  • 8
  • 2
  • 10
  • 5
  • 9
  • 3
2018E
  • 2
  • 10
  • 1
  • 9
  • 3
  • 1
  • 2
  • 3
  • 10
  • 0
  • 1
  • 10
  • 4
Q1E
  • 4
  • 0
  • 7
  • 2
  • 5
  • 2
  • 0
  • 3
  • 10
  • 1
  • 5
  • 8
  • 2
Q2E
  • 7
  • 3
  • 5
  • 8
  • 9
  • 0
  • 1
  • 0
  • 2
  • 3
  • 0
  • 5
  • 2
Q3E
  • 7
  • 4
  • 0
  • 8
  • 0
  • 0
  • 7
  • 2
  • 1
  • 10
  • 1
  • 9
  • 9
Q4E
  • 7
  • 4
  • 5
  • 1
  • 8
  • 1
  • 0
  • 7
  • 7
  • 8
  • 6
  • 4
  • 5
2018E
  • 3
  • 2
  • 10
  • 4
  • 4
  • 7
  • 8
  • 6
  • 0
  • 4
  • 2
  • 2
  • 6
2019E
  • 8
  • 5
  • 2
  • 5
  • 9
  • 5
  • 8
  • 10
  • 2
  • 4
  • 2
  • 5
  • 7
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
  • 28
  • 141
  • 78
  • 7
  • 255
  • 5
  • 0
  • 0
  • 0
  • 8
  • 0
  • 0
  • 13
  • 0
  • 268
  • 0
  • 54
  • 54
  • 108
  • 0
  • 32
  • 0
  • 140
  • 0
  • 19
  • 109
  • 0
  • 109
  • 268
2015
  • 46
  • 137
  • 164
  • 8
  • 356
  • 43
  • 0
  • 0
  • 0
  • 82
  • 0
  • 0
  • 126
  • 0
  • 482
  • 0
  • 73
  • 99
  • 172
  • 27
  • 0
  • 0
  • 199
  • 27
  • 7
  • 249
  • 0
  • 249
  • 482
2016
  • 51
  • 168
  • 198
  • 15
  • 431
  • 81
  • 0
  • 0
  • 0
  • 93
  • 0
  • 0
  • 174
  • 0
  • 605
  • 0
  • 102
  • 117
  • 219
  • 50
  • 0
  • 0
  • 269
  • 30
  • 5
  • 301
  • 0
  • 301
  • 605
2017E
  • 0
  • 7
  • 2
  • 0
  • 3
  • 8
  • 10
  • 7
  • 4
  • 8
  • 4
  • 9
  • 10
  • 6
  • 0
  • 5
  • 5
  • 10
  • 5
  • 10
  • 4
  • 10
  • 3
  • 5
  • 4
  • 5
  • 6
  • 9
  • 2
2018E
  • 9
  • 2
  • 4
  • 7
  • 4
  • 5
  • 5
  • 6
  • 7
  • 7
  • 10
  • 5
  • 2
  • 2
  • 6
  • 7
  • 2
  • 0
  • 9
  • 3
  • 6
  • 1
  • 0
  • 8
  • 6
  • 10
  • 6
  • 3
  • 6
2019E
  • 7
  • 7
  • 5
  • 9
  • 10
  • 4
  • 3
  • 10
  • 10
  • 4
  • 7
  • 9
  • 5
  • 6
  • 0
  • 4
  • 6
  • 7
  • 9
  • 9
  • 6
  • 0
  • 8
  • 6
  • 2
  • 8
  • 4
  • 10
  • 8
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
  • 497
  • -437
  • -5
  • 55
  • -13
  • 42
  • 5
  • 47
  • -101
  • -14
  • -16
2015
  • 627
  • -564
  • -14
  • 50
  • -11
  • 38
  • 14
  • 52
  • -19
  • -126
  • 30
2016
  • 891
  • -810
  • -18
  • 63
  • -15
  • 48
  • 18
  • 66
  • -23
  • -66
  • -54
2017E
  • 6
  • 3
  • 2
  • 5
  • 8
  • 9
  • 4
  • 10
  • 8
  • 3
  • 0
2018E
  • 10
  • 9
  • 0
  • 5
  • 10
  • 9
  • 7
  • 10
  • 3
  • 9
  • 7
2019E
  • 6
  • 10
  • 4
  • 3
  • 0
  • 2
  • 1
  • 3
  • 5
  • 9
  • 7
Previous year Next year
More