AI Spotlight on SEYE
Company Description
Smart Eye AB (publ) develops eye tracking artificial intelligence technology solutions that understands, supports, and predicts human intentions and actions in Sweden and internationally.The company offers driver monitoring systems and interior sensing solutions for automotive market; and end-to-end driver monitoring systems for fleet and aftermarket.It also provides eye tracking systems for analyzing human behavior under the Smart Eye Pro, Smart Eye Pro dx, AI-X, XO, and Aurora names, as well as offers smart recorders, software, and analysis services to automotive, aviation, aerospace, neuroscience, psychology, human computer interaction research, user experience/marketing, and medicine industries.
Smart Eye AB (publ) was incorporated in 1999 and is headquartered in Gothenburg, Sweden.
Market Data
Last Price | 46.4 |
Change Percentage | 4.98% |
Open | 44.2 |
Previous Close | 44.2 |
Market Cap ( Millions) | 1717 |
Volume | 216061 |
Year High | 114.8 |
Year Low | 43.5 |
M A 50 | 58.14 |
M A 200 | 78.14 |
Financial Ratios
FCF Yield | -12.93% |
Dividend Yield | 0.00% |
ROE | -1.73% |
Debt / Equity | 1.98% |
Net Debt / EBIDTA | 16.35% |
Price To Book | 1.1 |
Price Earnings Ratio | -60.87 |
Price To FCF | -7.73 |
Price To sales | 4.96 |
EV / EBITDA | -19.25 |
News
- Jan -20 - Smart Eye's CEO Sells Shares - Remains as Long-Term Owner
- Jan -06 - Smart Eye AB (publ) Licenses Iris Recognition Technology from Fingerprint Cards AB (publ) for 50 MSEK, Entering a Strategic Partnership to Enhance Security and User Experience in Automotive and Enterprise
- Jan -06 - Smart Eye AB (publ) Licenses Iris Recognition Technology from Fingerprint Cards AB (publ) for 50 MSEK, Entering a Strategic Partnership to Enhance Security and User Experience in Automotive and Enterprise
- Jan -06 - Smart Eye Showcases Next-Generation Automotive Innovations at CES 2025
- Jan -06 - Smart Eye Launches New AIS+ System at CES 2025: Introducing Key Functionality to Its Fleet Driver Safety System
- Jan -06 - Smart Eye Showcases Next-Generation Automotive Innovations at CES 2025
- Jan -06 - Smart Eye Launches New AIS+ System at CES 2025: Introducing Key Functionality to Its Fleet Driver Safety System
- Dec -12 - Sonatus and Smart Eye Collaborate for Advanced Vehicle Automation
- Dec -10 - Change of Certified Adviser (CA) to Bergs Securities
- Nov -27 - Smart Eye's CEO Sell Shares - Remain as Long-Term Owner
- Nov -18 - Smart Eye's AI Co-Driver Sheila Named a CES 2025 Innovation Awards(R) Honoree for Transforming Human-Vehicle Interaction
- Nov -14 - Smart Eye Interim Report Q3 January - September 2024
- Oct -11 - Nomination Committee of Smart Eye AB Appointed
- Oct -08 - Smart Eye’s AIS Driver Support System Confirmed for Regulatory Approval Homologation with Leading Bus Manufacturer Solaris
- Oct -07 - CORRECTION BY SOURCE: Smart Eye expands its Credit Facility
- Oct -07 - Smart Eye Expands its Credit Facility
- Sep -24 - Smart Eye Announces New Driver Monitoring System Design Win with Leading North American Car Manufacturer
- Aug -29 - Smart Eye Announces New Driver Monitoring System Design Win with Major Japanese Car Manufacturer
- Aug -21 - Smart Eye Unveils AIS Focus: Advanced Distraction Detection for Buses and Trucks, Compliant with New EU Safety Mandate
- Aug -21 - Smart Eye Interim Report Q2 January - June 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Research Instruments
Expected Growth : 9.27 %
What the company do ?
Research Instruments from Smart Eye AB (publ) provide advanced eye-tracking technology for human behavior research, enabling precise data collection and analysis.
Why we expect these perspectives ?
Smart Eye AB's 9.27% growth is driven by increasing demand for driver monitoring systems, expansion in the automotive industry, and growing adoption of advanced driver-assistance systems (ADAS). Additionally, the company's innovative research instruments and software solutions for eye tracking and facial recognition contribute to its growth momentum.
Segment n°2 -> Automotive Solutions
Expected Growth : 12.12 %
What the company do ?
Automotive Solutions from Smart Eye AB (publ) provides driver monitoring systems and interior sensing solutions for the automotive industry, enhancing safety and user experience.
Why we expect these perspectives ?
Smart Eye AB's 12.12% growth in Automotive Solutions is driven by increasing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles, coupled with the company's innovative AI-powered eye-tracking technology. Additionally, growing partnerships with major OEMs and Tier 1 suppliers, as well as expanding into new markets, contribute to the segment's rapid growth.
Smart Eye Ab (Publ) Products
Product Range | What is it ? |
---|---|
DMS (Driver Monitoring System) | A software-based solution that uses AI-powered computer vision to detect and track the driver's attention, drowsiness, and distraction. |
Interior Sensing | A solution that uses cameras and AI to detect and classify occupants, monitor their behavior, and provide insights for improved safety and comfort. |
Eye Tracking | A technology that uses cameras and AI to track the user's gaze, providing insights into attention, engagement, and behavior. |
AI-powered Computer Vision | A software solution that uses machine learning and computer vision to analyze and understand visual data from various sources. |
Smart Eye AB (publ)'s Porter Forces
Threat Of Substitutes
Smart Eye AB (publ) operates in a niche market with limited substitutes, but the increasing adoption of AI and machine learning in the automotive industry may lead to the development of alternative solutions.
Bargaining Power Of Customers
Smart Eye AB (publ) has a diverse customer base, and no single customer accounts for a significant portion of its revenue, reducing the bargaining power of customers.
Bargaining Power Of Suppliers
Smart Eye AB (publ) relies on a few key suppliers for its hardware components, which may lead to some bargaining power, but the company's strong relationships with its suppliers mitigate this risk.
Threat Of New Entrants
The high barriers to entry in the automotive technology industry, including the need for significant R&D investments and regulatory approvals, make it difficult for new entrants to compete with Smart Eye AB (publ).
Intensity Of Rivalry
The automotive technology industry is highly competitive, with several established players competing for market share, which may lead to pricing pressure and increased marketing expenses for Smart Eye AB (publ).
Capital Structure
Value | |
---|---|
Debt Weight | 0.32% |
Debt Cost | 3.95% |
Equity Weight | 99.68% |
Equity Cost | 10.80% |
WACC | 10.78% |
Leverage | 0.32% |
Smart Eye AB (publ) : Quality Control
Smart Eye AB (publ) passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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