2.00%
7.72%
19.37%
14.44%
10.64%
-15.82%
299.27%
AI Spotlight on NOTE
Company Description
NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Estonia, China, and internationally.The company offers advanced production technology services in close collaboration with customers, such as component selection, developing test equipment, prototyping, and serial production, as well as after-sales services.It also produces PCBAs, sub-assemblies, and box build products.
The company primarily serves the medtech, greentech, industrial, and communication industries.NOTE AB (publ) was incorporated in 1999 and is headquartered in Stockholm, Sweden.
Market Data
| Last Price | 163.3 |
| Change Percentage | 2.00% |
| Open | 160.1 |
| Previous Close | 160.1 |
| Market Cap ( Millions) | 4733 |
| Volume | 65296 |
| Year High | 166.5 |
| Year Low | 110.8 |
| M A 50 | 144.67 |
| M A 200 | 138.24 |
Financial Ratios
| FCF Yield | 11.26% |
| Dividend Yield | 0.00% |
| ROE | 15.89% |
| Debt / Equity | 38.46% |
| Net Debt / EBIDTA | 46.20% |
| Price To Book | 2.84 |
| Price Earnings Ratio | 18.76 |
| Price To FCF | 8.88 |
| Price To sales | 1.21 |
| EV / EBITDA | 10.45 |
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- Oct -17 - High Insider Ownership Growth Stocks On The Swedish Exchange For October 2024
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- Oct -15 - Note AB (FRA:NQA) Q3 2024 Earnings Call Highlights: Navigating Sales Decline with Strategic ...
- Oct -15 - High Growth Tech Stocks in Sweden for October 2024
- Oct -15 - Swedish Stocks That May Be Trading Below Estimated Value In October 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Western Europe
Expected Growth : 4.5 %
What the company do ?
Western Europe from NOTE AB (publ) refers to the region comprising countries such as Germany, UK, France, and others, characterized by high-income economies and cultural diversity.
Why we expect these perspectives ?
Western Europe's high-income economies, cultural diversity, and increasing demand for digitalization drive growth. Germany, UK, and France lead the region, with a growing middle class and urbanization fueling consumption.
Segment n°2 -> Rest of World
Expected Growth : 4.5 %
What the company do ?
Rest of World from NOTE AB (publ) refers to the company's operations and sales outside of Sweden and Europe.
Why we expect these perspectives ?
The Rest of World segment is expected to grow driven by increasing demand for electronics manufacturing services, particularly in Asia and the Americas, fueled by the rising adoption of IoT, 5G, and automotive technologies.
Note Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| Electronics Manufacturing Services (EMS) | NOTE AB provides electronics manufacturing services, including PCB assembly, box build, and testing, to original equipment manufacturers (OEMs) and electronics companies. |
| PCB Assembly | NOTE offers PCB assembly services, including surface mount technology (SMT), through-hole technology (THT), and mixed technology. |
| Box Build and System Integration | NOTE provides box build and system integration services, including mechanical assembly, wiring, and testing of complete systems. |
| Test and Inspection Services | NOTE offers a range of test and inspection services, including functional testing, in-circuit testing, and X-ray inspection. |
| Supply Chain Management | NOTE provides supply chain management services, including component sourcing, inventory management, and logistics. |
| Design and Engineering Services | NOTE offers design and engineering services, including PCB design, mechanical design, and product development. |
NOTE AB (publ)'s Porter Forces
Threat Of Substitutes
The threat of substitutes for NOTE AB (publ) is medium due to the presence of alternative products and services in the market.
Bargaining Power Of Customers
The bargaining power of customers for NOTE AB (publ) is high due to the concentration of customers and their ability to negotiate prices.
Bargaining Power Of Suppliers
The bargaining power of suppliers for NOTE AB (publ) is low due to the availability of multiple suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants for NOTE AB (publ) is medium due to the presence of barriers to entry and the company's established market position.
Intensity Of Rivalry
The intensity of rivalry for NOTE AB (publ) is high due to the presence of several competitors in the market and the company's need to differentiate itself.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 30.72% |
| Debt Cost | 6.06% |
| Equity Weight | 69.28% |
| Equity Cost | 10.33% |
| WACC | 9.02% |
| Leverage | 44.34% |
NOTE AB (publ) : Quality Control
NOTE AB (publ) passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HANZA.ST | Hanza AB (publ) provides manufacturing solutions. The company also offers cutting, bending, stamping, welding, and powder coating services for sheet and heavy mechanics; machining services, such as milling, turning, grinding, … |
| M7U.DE | Nynomic AG manufactures and sells products for the spectroscopy, sensor technology, laboratory automation and medical technology, agriculture and environmental technology, and industrial markets worldwide. It offers photonic solutions; OEM components, … |
| MTEK | Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the military and IoT markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, … |
| JEN.DE | Jenoptik AG engages in the optics and photonics business in Germany and internationally. The company operates through Light & Optics, Light & Production, and Light & Safety divisions. It offers … |
| DETEC.HE | Detection Technology Oyj provides X-ray detector solutions for medical, security, and industrial applications in Finland and internationally. The company offers medical CT detectors; security CT detectors; photon-counting detectors; and line … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Maris-Tech
A-Score
1-Year Total Return ->
🥈
Nokia
A-Score
1-Year Total Return ->
🥉
Jenoptik
A-Score
1-Year Total Return ->
4
Nynomic
A-Score
1-Year Total Return ->
5
Detection Technology
A-Score
1-Year Total Return ->
6
