Airthings ASA Logo

Airthings ASA

AIRX.OL

(1.2)
Stock Price

2,80 NOK

-9.29% ROA

-10.06% ROE

-9.57x PER

Market Cap.

46.085.097,75 NOK

7.9% DER

0% Yield

-12.49% NPM

Airthings ASA Stock Analysis

Airthings ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Airthings ASA Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (8%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 PBV

The stock's PBV ratio (1.06x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 ROE

Negative ROE (-15.76%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-14.27%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

7 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-2), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Airthings ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Airthings ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Airthings ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Airthings ASA Revenue
Year Revenue Growth
2017 7.256.656
2018 10.876.288 33.28%
2019 15.814.040 31.22%
2020 25.125.837 37.06%
2021 33.671.000 25.38%
2022 35.424.000 4.95%
2023 40.328.000 12.16%
2023 386.794.354 89.57%
2024 34.928.000 -1007.4%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Airthings ASA Research and Development Expenses
Year Research and Development Expenses Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 68.665.722 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Airthings ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 232.496.849 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Airthings ASA EBITDA
Year EBITDA Growth
2017 778.916
2018 514.122 -51.5%
2019 -1.307.091 139.33%
2020 -6.206.431 78.94%
2021 -7.748.000 19.9%
2022 -9.168.000 15.49%
2023 292.000 3239.73%
2023 -72.227.970 100.4%
2024 -6.652.000 -985.81%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Airthings ASA Gross Profit
Year Gross Profit Growth
2017 4.891.880
2018 7.743.422 36.83%
2019 11.369.164 31.89%
2020 16.793.197 32.3%
2021 20.630.000 18.6%
2022 20.959.000 1.57%
2023 25.032.000 16.27%
2023 219.580.212 88.6%
2024 21.780.000 -908.17%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Airthings ASA Net Profit
Year Net Profit Growth
2017 658.261
2018 472.841 -39.21%
2019 -1.042.436 145.36%
2020 -4.700.362 77.82%
2021 -7.260.000 35.26%
2022 -10.566.000 31.29%
2023 -1.776.000 -494.93%
2023 -66.149.952 97.32%
2024 -8.240.000 -702.79%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Airthings ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Airthings ASA Free Cashflow
Year Free Cashflow Growth
2017 -300.390
2018 -2.216.340 86.45%
2019 -4.364.824 49.22%
2020 -7.502.117 41.82%
2021 -16.948.000 55.73%
2022 -24.655.000 31.26%
2023 -51.055.332 51.71%
2023 -1.877.000 -2620.05%
2024 -1.874.000 -0.16%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Airthings ASA Operating Cashflow
Year Operating Cashflow Growth
2017 -213.358
2018 -2.019.228 89.43%
2019 -3.883.225 48%
2020 -6.760.738 42.56%
2021 -15.879.000 57.42%
2022 -22.169.000 28.37%
2023 -32.345.614 31.46%
2023 -1.270.000 -2446.9%
2024 -1.450.000 12.41%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Airthings ASA Capital Expenditure
Year Capital Expenditure Growth
2017 87.032
2018 197.112 55.85%
2019 481.599 59.07%
2020 741.379 35.04%
2021 1.069.000 30.65%
2022 2.486.000 57%
2023 18.709.718 86.71%
2023 607.000 -2982.33%
2024 424.000 -43.16%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Airthings ASA Equity
Year Equity Growth
2017 6.026.031
2018 5.652.497 -6.61%
2019 11.055.796 48.87%
2020 77.292.050 85.7%
2021 67.842.000 -13.93%
2022 50.928.000 -33.21%
2023 510.466.104 90.02%
2023 49.603.000 -929.1%
2024 45.245.000 -9.63%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Airthings ASA Assets
Year Assets Growth
2017 7.535.927
2018 8.435.809 10.67%
2019 16.305.824 48.27%
2020 86.490.472 81.15%
2021 83.680.000 -3.36%
2022 63.743.000 -31.28%
2023 656.596.472 90.29%
2023 61.927.000 -960.27%
2024 58.297.000 -6.23%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Airthings ASA Liabilities
Year Liabilities Growth
2017 1.509.895
2018 2.783.311 45.75%
2019 5.250.027 46.98%
2020 9.198.422 42.92%
2021 15.838.000 41.92%
2022 12.815.000 -23.59%
2023 132.145.968 90.3%
2023 12.324.000 -972.27%
2024 13.052.000 5.58%

Airthings ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.2
Net Income per Share
-0.02
Price to Earning Ratio
-9.57x
Price To Sales Ratio
1.19x
POCF Ratio
-11.53
PFCF Ratio
-8.07
Price to Book Ratio
1.02
EV to Sales
1
EV Over EBITDA
-9.95
EV to Operating CashFlow
-9.6
EV to FreeCashFlow
-6.73
Earnings Yield
-0.1
FreeCashFlow Yield
-0.12
Market Cap
0,05 Bil.
Enterprise Value
0,04 Bil.
Graham Number
0.35
Graham NetNet
0.08

Income Statement Metrics

Net Income per Share
-0.02
Income Quality
0.65
ROE
-0.1
Return On Assets
-0.08
Return On Capital Employed
-0.13
Net Income per EBT
0.79
EBT Per Ebit
1.01
Ebit per Revenue
-0.16
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
1.23
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.62
Operating Profit Margin
-0.16
Pretax Profit Margin
-0.16
Net Profit Margin
-0.12

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.02
Free CashFlow per Share
-0.03
Capex to Operating CashFlow
-0.43
Capex to Revenue
0.04
Capex to Depreciation
1
Return on Invested Capital
-0.1
Return on Tangible Assets
-0.09
Days Sales Outstanding
139.65
Days Payables Outstanding
148.38
Days of Inventory on Hand
350.55
Receivables Turnover
2.61
Payables Turnover
2.46
Inventory Turnover
1.04
Capex per Share
0.01

Balance Sheet

Cash per Share
0,06
Book Value per Share
0,23
Tangible Book Value per Share
0.2
Shareholders Equity per Share
0.23
Interest Debt per Share
0.02
Debt to Equity
0.08
Debt to Assets
0.06
Net Debt to EBITDA
1.98
Current Ratio
3.93
Tangible Asset Value
0,04 Bil.
Net Current Asset Value
0,03 Bil.
Invested Capital
38778000
Working Capital
0,03 Bil.
Intangibles to Total Assets
0.11
Average Receivables
0,01 Bil.
Average Payables
0,01 Bil.
Average Inventory
14101500
Debt to Market Cap
0.08

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Airthings ASA Dividends
Year Dividends Growth

Airthings ASA Profile

About Airthings ASA

Airthings ASA, together with its subsidiaries, engages in the manufacture and sale of air quality sensors and hardware-enabled software products for air quality, radon measurement, and energy efficiency solutions worldwide. The company operates through three segments: Consumer, Business, and Professional segments. It offers digital radon detectors, as well as smart indoor air quality monitors and solutions for professionals, homes, schools, offices, and other commercial buildings. The company provides its products under the View Plus, Wave Plus, Wave Radon, Wave Mini, House Kit, Hub, Corentium Home, Plus, and Pro brands. It also serves homeowners, businesses, and professionals. The company was incorporated in 2008 and is headquartered in Oslo, Norway.

CEO
Ms. Emma Tryti
Employee
132
Address
Wergelandsveien 7
Oslo, 0167

Airthings ASA Executives & BODs

Airthings ASA Executives & BODs
# Name Age
1 Ms. Hanne Norstrom-Ness
Senior Vice President of Consumer Products
70
2 Magnus Navdal Bekkelund
Interim Chief Financial Officer
70
3 Mr. Ole Martin Kristiansen
Chief Product Officer
70
4 Mr. Billy McFadden
Vice President of Consumer Sales for North America
70
5 Ms. Emma Tryti
Chief Executive Officer
70
6 Ms. Millie Paakkola
Chief Marketing Officer
70
7 Ms. Chloe Waller
Senior Vice President of Business
70
8 Ms. Gudrun Helset
Chief of People & Organization
70
9 Ms. Audhild Andersen Randa
Chief Operating Officer
70

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