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Precise Biometrics

BATS-CHIXE:PRECS
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRECS
BATS-CHIXE
SEK439M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Precise Biometrics AB (publ) develops and sells biometric authentication solutions for people’s digital identity and fingerprints in mobile phones and smart cards. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
  • Precise Biometrics has significant price volatility in the past 3 months.
PRECS Share Price and Events
7 Day Returns
11%
BATS-CHIXE:PRECS
0%
GB Electronic
1.7%
GB Market
1 Year Returns
-2.7%
BATS-CHIXE:PRECS
-5.1%
GB Electronic
-21.8%
GB Market
PRECS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Precise Biometrics (PRECS) 11% 1.7% -24.9% -2.7% -60.3% 6.7%
GB Electronic 0% -5.2% -14.2% -5.1% 23.9% 64.7%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • PRECS outperformed the Electronic industry which returned -5.1% over the past year.
  • PRECS outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.8% over the past year.
Price Volatility
PRECS
Industry
5yr Volatility vs Market

PRECS Value

 Is Precise Biometrics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Precise Biometrics to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Precise Biometrics.

BATS-CHIXE:PRECS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:PRECS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.1 (1 + (1- 22%) (0.24%))
1.068
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.068 * 5.44%)
6.34%

Discounted Cash Flow Calculation for BATS-CHIXE:PRECS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Precise Biometrics is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BATS-CHIXE:PRECS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.34%)
2020 10.00 Analyst x1 9.40
2021 7.00 Analyst x1 6.19
2022 14.00 Analyst x1 11.64
2023 17.60 Analyst x1 13.76
2024 20.21 Est @ 14.84% 14.86
2025 22.34 Est @ 10.55% 15.45
2026 24.03 Est @ 7.54% 15.63
2027 25.34 Est @ 5.44% 15.49
2028 26.34 Est @ 3.97% 15.15
2029 27.11 Est @ 2.94% 14.66
Present value of next 10 years cash flows SEK132.00
BATS-CHIXE:PRECS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK27.11 × (1 + 0.53%) ÷ (6.34% – 0.53%)
SEK469.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK469.13 ÷ (1 + 6.34%)10
SEK253.70
BATS-CHIXE:PRECS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK132.00 + SEK253.70
SEK385.70
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK385.70 / 360.23
SEK1.07
BATS-CHIXE:PRECS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:PRECS represents 0.964x of OM:PREC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.964x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 1.07 x 0.964
SEK1.03
Value per share (SEK) From above. SEK1.03
Current discount Discount to share price of SEK1.23
= -1 x (SEK1.23 - SEK1.03) / SEK1.03
-19.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Precise Biometrics is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Precise Biometrics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Precise Biometrics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:PRECS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK0.00
OM:PREC Share Price ** OM (2020-04-07) in SEK SEK1.28
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 17.39x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 13x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Precise Biometrics.

BATS-CHIXE:PRECS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:PREC Share Price ÷ EPS (both in SEK)

= 1.28 ÷ 0.00

450.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Precise Biometrics is overvalued based on earnings compared to the GB Electronic industry average.
  • Precise Biometrics is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Precise Biometrics's expected growth come at a high price?
Raw Data
BATS-CHIXE:PRECS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 450.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
47.5%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.08x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:PRECS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 450.95x ÷ 47.5%

9.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Precise Biometrics is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Precise Biometrics's assets?
Raw Data
BATS-CHIXE:PRECS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK0.35
OM:PREC Share Price * OM (2020-04-07) in SEK SEK1.28
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 1.89x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:PRECS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:PREC Share Price ÷ Book Value per Share (both in SEK)

= 1.28 ÷ 0.35

3.64x

* Primary Listing of Precise Biometrics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Precise Biometrics is overvalued based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Precise Biometrics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Precise Biometrics has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PRECS Future Performance

 How is Precise Biometrics expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
47.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Precise Biometrics expected to grow at an attractive rate?
  • Precise Biometrics's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Precise Biometrics's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Precise Biometrics's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:PRECS Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:PRECS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 47.5%
BATS-CHIXE:PRECS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 12.2%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9.4%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:PRECS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:PRECS Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 148 27 2
2022-12-31 133 25 18 2
2021-12-31 118 17 16 2
2020-12-31 101 19 6 2
2020-04-08
BATS-CHIXE:PRECS Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 92 0 1
2019-09-30 67 -24 -27
2019-06-30 56 -21 -31
2019-03-31 62 -28 -28
2018-12-31 68 -26 -22
2018-09-30 68 -14 -19
2018-06-30 61 -10 -26
2018-03-31 63 -3 -22
2017-12-31 61 23 -23
2017-09-30 68 31 -6
2017-06-30 81 36 23
2017-03-31 79 47 28

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Precise Biometrics's earnings are expected to grow significantly at over 20% yearly.
  • Precise Biometrics's revenue is expected to grow by 12.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:PRECS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Precise Biometrics Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:PRECS Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.07 0.07 0.07 1.00
2022-12-31 0.05 0.05 0.05 1.00
2021-12-31 0.04 0.05 0.03 2.00
2020-12-31 0.02 0.03 0.01 2.00
2020-04-08
BATS-CHIXE:PRECS Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 0.00
2019-09-30 -0.08
2019-06-30 -0.09
2019-03-31 -0.08
2018-12-31 -0.06
2018-09-30 -0.05
2018-06-30 -0.07
2018-03-31 -0.06
2017-12-31 -0.06
2017-09-30 -0.02
2017-06-30 0.07
2017-03-31 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Precise Biometrics is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Precise Biometrics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Precise Biometrics has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PRECS Past Performance

  How has Precise Biometrics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Precise Biometrics's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Precise Biometrics's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Precise Biometrics has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Precise Biometrics has become profitable in the last year making it difficult to compare the GB Electronic industry average.
Earnings and Revenue History
Precise Biometrics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Precise Biometrics Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:PRECS Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 91.93 1.02 43.03 35.79
2019-09-30 67.06 -27.30 40.74 35.40
2019-06-30 56.36 -31.17 38.29 30.54
2019-03-31 61.64 -27.67 39.74 29.71
2018-12-31 67.65 -22.19 43.17 33.52
2018-09-30 67.88 -19.25 43.41 25.69
2018-06-30 61.14 -26.08 44.02 26.15
2018-03-31 62.57 -21.75 44.80 25.48
2017-12-31 61.04 -22.69 43.84 25.28
2017-09-30 67.64 -6.24 43.08 25.54
2017-06-30 80.52 23.03 42.39 25.03
2017-03-31 79.29 28.15 37.59 25.32
2016-12-31 83.30 38.60 33.19 24.90
2016-09-30 85.97 38.48 30.98 23.69
2016-06-30 81.35 19.66 27.80 19.44
2016-03-31 72.45 6.43 28.36 20.55
2015-12-31 56.34 -9.47 26.27 22.63
2015-09-30 42.74 -23.40 25.29 24.42
2015-06-30 31.73 -40.37 39.49 31.21
2015-03-31 28.71 -42.16 32.03 29.05
2014-12-31 31.39 -44.05 34.25 28.98
2014-09-30 24.42 -53.45 39.53 29.77
2014-06-30 23.19 -49.80 26.62 25.53
2014-03-31 25.33 -52.69 37.40 24.56
2013-12-31 34.94 -43.27 39.48 21.31
2013-09-30 40.45 -37.20 38.20 18.02
2013-06-30 42.84 -38.00 40.98 18.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Precise Biometrics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Precise Biometrics used its assets less efficiently than the GB Electronic industry average last year based on Return on Assets.
  • Precise Biometrics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Precise Biometrics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Precise Biometrics has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PRECS Health

 How is Precise Biometrics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Precise Biometrics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Precise Biometrics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Precise Biometrics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Precise Biometrics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Precise Biometrics has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Precise Biometrics Company Filings, last reported 3 months ago.

BATS-CHIXE:PRECS Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 126.47 0.00 73.68
2019-09-30 113.35 0.00 60.91
2019-06-30 110.36 0.00 65.42
2019-03-31 117.59 0.00 67.47
2018-12-31 125.48 0.00 79.54
2018-09-30 139.39 0.00 91.31
2018-06-30 139.84 0.00 93.58
2018-03-31 143.43 0.00 105.30
2017-12-31 145.81 0.00 116.96
2017-09-30 155.20 0.00 116.72
2017-06-30 160.79 0.00 115.01
2017-03-31 159.49 0.00 119.25
2016-12-31 163.01 0.00 135.75
2016-09-30 112.07 0.00 75.05
2016-06-30 93.99 0.00 67.41
2016-03-31 89.07 0.00 58.58
2015-12-31 83.06 0.00 52.36
2015-09-30 77.52 0.00 45.19
2015-06-30 75.85 0.00 47.06
2015-03-31 83.37 0.00 50.68
2014-12-31 91.98 0.00 59.66
2014-09-30 100.75 0.00 68.47
2014-06-30 114.28 0.00 76.21
2014-03-31 123.78 0.00 85.73
2013-12-31 134.55 0.00 101.20
2013-09-30 153.70 0.00 112.05
2013-06-30 82.92 0.00 47.34
  • Precise Biometrics has no debt.
  • Precise Biometrics has not taken on any debt in the past 5 years.
  • Precise Biometrics has no debt, it does not need to be covered by operating cash flow.
  • Precise Biometrics has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Precise Biometrics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Precise Biometrics has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PRECS Dividends

 What is Precise Biometrics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Precise Biometrics dividends.
If you bought SEK2,000 of Precise Biometrics shares you are expected to receive SEK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Precise Biometrics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Precise Biometrics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:PRECS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:PRECS Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Precise Biometrics has not reported any payouts.
  • Unable to verify if Precise Biometrics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Precise Biometrics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Precise Biometrics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Precise Biometrics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Precise Biometrics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Precise Biometrics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PRECS Management

 What is the CEO of Precise Biometrics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stefan Persson
COMPENSATION SEK2,780,000
AGE 52
TENURE AS CEO 1.7 years
CEO Bio

Mr. Stefan Kenth Persson has been the Chief Executive Officer of Precise Biometrics AB since August 1, 2018. Mr. Persson served as Member of Executive Management Board at Bang & Olufsen a/s since October 1, 2014 until July 2018 and was Executive Vice President of its HOME Business Unit since April 2017 until 2018. He served as Executive Vice President of Bang & Olufsen a/s since 2018 until July 2018. Mr. Persson has close to twenty years of experience in product and business development from various international mobile phone and telecom companies like Ericsson, Sony Ericsson and Sony Mobile Communications and has been globally responsible for product development in China, Sweden, USA and Japan. As an international leader, he has good experience in building and leading successful teams with different cultural backgrounds and experiences. He has expertise within product and business development in an international landscape. Mr. Persson served as Chief Operating Officer and Executive Vice President at Bang & Olufsen a/s since October 1, 2014. He has been a Director of TerraNet Holding AB (publ) since May 8, 2017.

CEO Compensation
  • Insufficient data for Stefan to compare compensation growth.
  • Stefan's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Precise Biometrics management team in years:

1.6
Average Tenure
51
Average Age
  • The average tenure for the Precise Biometrics management team is less than 2 years, this suggests a new team.
Management Team

Torgny Hellström

TITLE
Executive Chairman of the Board
COMPENSATION
SEK605K
AGE
61

Stefan Persson

TITLE
Chief Executive Officer
COMPENSATION
SEK3M
AGE
52
TENURE
1.7 yrs

Ulrik Nilsson

TITLE
Chief Financial Officer
AGE
49
TENURE
1.6 yrs

Tom Søberg

TITLE
Chief Technology Officer
AGE
50
TENURE
1.3 yrs

Ann-sofi Höijenstam

TITLE
Director of Investors Relations & Communications
AGE
66

Fredrik Sjöholm

TITLE
Vice President of Sales
AGE
49
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the Precise Biometrics board of directors in years:

6
Average Tenure
58
Average Age
  • The tenure for the Precise Biometrics board of directors is about average.
Board of Directors

Torgny Hellström

TITLE
Executive Chairman of the Board
COMPENSATION
SEK605K
AGE
61
TENURE
6 yrs

Torbjörn Clementz

TITLE
Independent Director
COMPENSATION
SEK260K
AGE
58
TENURE
11.3 yrs

Mats Lindoff

TITLE
Independent Director
COMPENSATION
SEK215K
AGE
58
TENURE
6 yrs

Synnöve Trygg

TITLE
Independent Director
COMPENSATION
SEK225K
AGE
60
TENURE
3.9 yrs

Åsa Schwarz

TITLE
Director
AGE
46
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
19. Nov 19 Buy Synnöve Trygg Individual 19. Nov 19 19. Nov 19 60,000 SEK1.64 SEK98,400
18. Nov 19 Buy Stefan Persson Individual 18. Nov 19 18. Nov 19 100,000 SEK1.70 SEK170,000
19. Aug 19 Buy Torgny Hellström Individual 19. Aug 19 19. Aug 19 100,000 SEK1.74 SEK172,263
12. Jun 19 Buy Fredrik Clementson Individual 12. Jun 19 12. Jun 19 75,000 SEK1.35 SEK101,250
15. May 19 Buy Torgny Hellström Individual 15. May 19 15. May 19 100,000 SEK1.02 SEK102,000
X
Management checks
We assess Precise Biometrics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Precise Biometrics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PRECS News

Simply Wall St News

PRECS Company Info

Description

Precise Biometrics AB (publ) develops and sells biometric authentication solutions for people’s digital identity and fingerprints in mobile phones and smart cards. Its product portfolio consists of Precise YOUNiQ that secures digital identity by combining a range of biometric data, such as face, fingerprint, iris, and voice with geographical information; Precise BioMatch Card, which enables authentication and storage of the user’s fingerprint template in a secure chip on the card; Precise BioMatch Mobile, a fingerprint recognition for smartphones and tablets; and Precise BioMatch Embedded, a fingerprint recognition for Internet of Things, cars, and wearables. The company offers its products to sensor manufacturers, security companies, and system integrators, as well as finance, betting, healthcare, and transport sectors. It operates in Sweden, Denmark, Finland, China, Norway, Italy, Switzerland, Spain, Portugal, and internationally. Precise Biometrics AB (publ) was founded in 1997 and is headquartered in Lund, Sweden.

Details
Name: Precise Biometrics AB (publ)
PRECS
Exchange: BATS-CHIXE
Founded: 1997
SEK439,482,389
360,231,467
Website: http://precisebiometrics.com
Address: Precise Biometrics AB (publ)
Mobilvägen 10,
Lund,
223 62,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM PREC Series A Shares OMX Nordic Exchange Stockholm SE SEK 27. Jan 2000
OTCPK PRBC.F Series A Shares Pink Sheets LLC US USD 27. Jan 2000
DB PBCB Series A Shares Deutsche Boerse AG DE EUR 27. Jan 2000
LSE 0JDU Series A Shares London Stock Exchange GB SEK 27. Jan 2000
BATS-CHIXE PRECS Series A Shares BATS 'Chi-X Europe' GB SEK 27. Jan 2000
Number of employees
Current staff
Staff numbers
22
Precise Biometrics employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 20:03
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/02/18
Last earnings filing: 2020/03/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.