IAR Systems Group AB (publ) Logo

IAR Systems Group AB (publ)

IAR-B.ST

(1.8)
Stock Price

123,00 SEK

-39.12% ROA

-30.92% ROE

-13.04x PER

Market Cap.

2.027.488.633,00 SEK

10.61% DER

0.98% Yield

-32.3% NPM

IAR Systems Group AB (publ) Stock Analysis

IAR Systems Group AB (publ) 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.

IAR Systems Group AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

2 DER

The stock has a minimal amount of debt (9%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 ROE

The stock's ROE falls within an average range (6.55%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 PBV

The stock's PBV ratio (2.16x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

6 Revenue Growth

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

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-221) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

IAR Systems Group AB (publ) 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.

IAR Systems Group AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

IAR Systems Group AB (publ) 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.

IAR Systems Group AB (publ) Revenue
Year Revenue Growth
2004 214.200.000
2005 635.600.000 66.3%
2006 771.500.000 17.62%
2007 531.800.000 -45.07%
2008 570.500.000 6.78%
2009 603.000.000 5.39%
2010 243.700.000 -147.44%
2011 200.400.000 -21.61%
2012 230.100.000 12.91%
2013 230.200.000 0.04%
2014 255.700.000 9.97%
2015 311.700.000 17.97%
2016 328.400.000 5.09%
2017 345.000.000 4.81%
2018 385.200.000 10.44%
2019 405.600.000 5.03%
2020 372.000.000 -9.03%
2021 355.900.000 -4.52%
2022 419.900.000 15.24%
2023 465.200.000 9.74%
2023 458.100.000 -1.55%
2024 492.800.000 7.04%

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.

IAR Systems Group AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 8.900.000 100%
2016 10.100.000 11.88%
2017 13.400.000 24.63%
2018 17.200.000 22.09%
2019 19.600.000 12.24%
2020 24.500.000 20%
2021 30.500.000 19.67%
2022 18.700.000 -63.1%
2023 0 0%
2023 27.400.000 100%
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.

IAR Systems Group AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 44.500.000 100%
2013 41.300.000 -7.75%
2014 42.100.000 1.9%
2015 51.100.000 17.61%
2016 48.400.000 -5.58%
2017 49.200.000 1.63%
2018 68.200.000 27.86%
2019 63.700.000 -7.06%
2020 37.700.000 -68.97%
2021 38.300.000 1.57%
2022 58.200.000 34.19%
2023 0 0%
2023 0 0%
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.

IAR Systems Group AB (publ) EBITDA
Year EBITDA Growth
2004 22.700.000
2005 47.200.000 51.91%
2006 70.000.000 32.57%
2007 69.300.000 -1.01%
2008 42.400.000 -63.44%
2009 115.300.000 63.23%
2010 78.000.000 -47.82%
2011 30.300.000 -157.43%
2012 42.300.000 28.37%
2013 50.900.000 16.9%
2014 64.200.000 20.72%
2015 98.400.000 34.76%
2016 113.200.000 13.07%
2017 127.200.000 11.01%
2018 140.000.000 9.14%
2019 147.000.000 4.76%
2020 127.500.000 -15.29%
2021 105.400.000 -20.97%
2022 128.500.000 17.98%
2023 174.000.000 26.15%
2023 140.900.000 -23.49%
2024 162.800.000 13.45%

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.

IAR Systems Group AB (publ) Gross Profit
Year Gross Profit Growth
2004 214.200.000
2005 635.600.000 66.3%
2006 771.500.000 17.62%
2007 531.800.000 -45.07%
2008 570.500.000 6.78%
2009 603.000.000 5.39%
2010 243.700.000 -147.44%
2011 181.400.000 -34.34%
2012 206.800.000 12.28%
2013 215.700.000 4.13%
2014 242.800.000 11.16%
2015 301.400.000 19.44%
2016 316.200.000 4.68%
2017 336.500.000 6.03%
2018 376.200.000 10.55%
2019 394.800.000 4.71%
2020 357.900.000 -10.31%
2021 343.900.000 -4.07%
2022 457.300.000 24.8%
2023 216.800.000 -110.93%
2023 83.900.000 -158.4%
2024 109.200.000 23.17%

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.

IAR Systems Group AB (publ) Net Profit
Year Net Profit Growth
2004 25.900.000
2005 57.000.000 54.56%
2006 53.400.000 -6.74%
2007 59.300.000 9.95%
2008 31.600.000 -87.66%
2009 1.900.000 -1563.16%
2010 20.800.000 90.87%
2011 -18.800.000 210.64%
2012 13.000.000 244.62%
2013 29.900.000 56.52%
2014 42.200.000 29.15%
2015 63.400.000 33.44%
2016 74.000.000 14.32%
2017 80.000.000 7.5%
2018 87.600.000 8.68%
2019 81.200.000 -7.88%
2020 59.400.000 -36.7%
2021 -67.400.000 188.13%
2022 57.800.000 216.61%
2023 56.000.000 -3.21%
2023 -229.000.000 124.45%
2024 63.200.000 462.34%

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.

IAR Systems Group AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 8
2005 6 -33.33%
2006 5 -20%
2007 5 0%
2008 3 -150%
2009 0 0%
2010 2 100%
2011 -2 200%
2012 1 200%
2013 3 50%
2014 3 33.33%
2015 5 40%
2016 6 0%
2017 6 16.67%
2018 7 0%
2019 6 -20%
2020 4 -25%
2021 -5 200%
2022 4 200%
2023 4 0%
2023 -17 125%
2024 5 500%

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.

IAR Systems Group AB (publ) Free Cashflow
Year Free Cashflow Growth
2004 -7.500.000
2005 7.400.000 201.35%
2006 44.400.000 83.33%
2007 31.700.000 -40.06%
2008 -33.500.000 194.63%
2009 -6.800.000 -392.65%
2010 -14.700.000 53.74%
2011 -11.000.000 -33.64%
2012 15.900.000 169.18%
2013 19.600.000 18.88%
2014 38.000.000 48.42%
2015 79.900.000 52.44%
2016 95.600.000 16.42%
2017 104.900.000 8.87%
2018 45.900.000 -128.54%
2019 22.100.000 -107.69%
2020 37.000.000 40.27%
2021 57.500.000 35.65%
2022 -1.700.000 3482.35%
2023 39.800.000 104.27%
2023 102.000.000 60.98%
2024 23.500.000 -334.04%

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.

IAR Systems Group AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2004 -7.500.000
2005 7.400.000 201.35%
2006 44.400.000 83.33%
2007 37.100.000 -19.68%
2008 22.500.000 -64.89%
2009 0 0%
2010 0 0%
2011 0 0%
2012 38.300.000 100%
2013 40.700.000 5.9%
2014 70.300.000 42.11%
2015 98.700.000 28.77%
2016 114.200.000 13.57%
2017 123.900.000 7.83%
2018 92.700.000 -33.66%
2019 105.700.000 12.3%
2020 118.400.000 10.73%
2021 131.600.000 10.03%
2022 57.800.000 -127.68%
2023 51.800.000 -11.58%
2023 144.100.000 64.05%
2024 35.600.000 -304.78%

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.

IAR Systems Group AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2004 0
2005 0 0%
2006 0 0%
2007 5.400.000 100%
2008 56.000.000 90.36%
2009 6.800.000 -723.53%
2010 14.700.000 53.74%
2011 11.000.000 -33.64%
2012 22.400.000 50.89%
2013 21.100.000 -6.16%
2014 32.300.000 34.67%
2015 18.800.000 -71.81%
2016 18.600.000 -1.08%
2017 19.000.000 2.11%
2018 46.800.000 59.4%
2019 83.600.000 44.02%
2020 81.400.000 -2.7%
2021 74.100.000 -9.85%
2022 59.500.000 -24.54%
2023 12.000.000 -395.83%
2023 42.100.000 71.5%
2024 12.100.000 -247.93%

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.

IAR Systems Group AB (publ) Equity
Year Equity Growth
2004 65.700.000
2005 448.900.000 85.36%
2006 592.300.000 24.21%
2007 592.700.000 0.07%
2008 596.700.000 0.67%
2009 591.900.000 -0.81%
2010 598.500.000 1.1%
2011 241.100.000 -148.24%
2012 253.800.000 5%
2013 295.000.000 13.97%
2014 288.600.000 -2.22%
2015 290.900.000 0.79%
2016 279.500.000 -4.08%
2017 290.400.000 3.75%
2018 550.000.000 47.2%
2019 592.000.000 7.09%
2020 613.400.000 3.49%
2021 585.300.000 -4.8%
2022 666.800.000 12.22%
2023 690.200.000 3.39%
2023 423.400.000 -63.01%
2024 440.900.000 3.97%

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.

IAR Systems Group AB (publ) Assets
Year Assets Growth
2004 136.300.000
2005 709.400.000 80.79%
2006 804.700.000 11.84%
2007 716.800.000 -12.26%
2008 757.500.000 5.37%
2009 738.400.000 -2.59%
2010 744.200.000 0.78%
2011 308.900.000 -140.92%
2012 324.100.000 4.69%
2013 369.500.000 12.29%
2014 375.400.000 1.57%
2015 398.700.000 5.84%
2016 395.900.000 -0.71%
2017 410.100.000 3.46%
2018 722.200.000 43.22%
2019 824.900.000 12.45%
2020 833.500.000 1.03%
2021 812.800.000 -2.55%
2022 922.200.000 11.86%
2023 967.300.000 4.66%
2023 700.000.000 -38.19%
2024 707.400.000 1.05%

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.

IAR Systems Group AB (publ) Liabilities
Year Liabilities Growth
2004 70.600.000
2005 260.500.000 72.9%
2006 212.400.000 -22.65%
2007 124.100.000 -71.15%
2008 160.800.000 22.82%
2009 146.500.000 -9.76%
2010 145.700.000 -0.55%
2011 67.800.000 -114.9%
2012 70.300.000 3.56%
2013 74.500.000 5.64%
2014 86.800.000 14.17%
2015 107.800.000 19.48%
2016 116.400.000 7.39%
2017 119.700.000 2.76%
2018 172.200.000 30.49%
2019 232.900.000 26.06%
2020 220.100.000 -5.82%
2021 227.500.000 3.25%
2022 255.400.000 10.92%
2023 277.100.000 7.83%
2023 276.600.000 -0.18%
2024 266.500.000 -3.79%

IAR Systems Group AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
36.45
Net Income per Share
-11.77
Price to Earning Ratio
-13.04x
Price To Sales Ratio
4.18x
POCF Ratio
13.01
PFCF Ratio
18.09
Price to Book Ratio
4.63
EV to Sales
3.95
EV Over EBITDA
10.9
EV to Operating CashFlow
12.19
EV to FreeCashFlow
17.07
Earnings Yield
-0.08
FreeCashFlow Yield
0.06
Market Cap
2,03 Bil.
Enterprise Value
1,91 Bil.
Graham Number
93.67
Graham NetNet
-3.11

Income Statement Metrics

Net Income per Share
-11.77
Income Quality
-1
ROE
-0.31
Return On Assets
-0.22
Return On Capital Employed
0.24
Net Income per EBT
0.94
EBT Per Ebit
-1.41
Ebit per Revenue
0.24
Effective Tax Rate
0.06

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.06
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.3
Operating Profit Margin
0.24
Pretax Profit Margin
-0.35
Net Profit Margin
-0.32

Dividends

Dividend Yield
0.01
Dividend Yield %
0.98
Payout Ratio
-0.13
Dividend Per Share
1.5

Operating Metrics

Operating Cashflow per Share
11.8
Free CashFlow per Share
8.42
Capex to Operating CashFlow
0.29
Capex to Revenue
0.09
Capex to Depreciation
0.79
Return on Invested Capital
0.23
Return on Tangible Assets
-0.39
Days Sales Outstanding
60.19
Days Payables Outstanding
7.27
Days of Inventory on Hand
9.94
Receivables Turnover
6.06
Payables Turnover
50.21
Inventory Turnover
36.71
Capex per Share
3.37

Balance Sheet

Cash per Share
12,06
Book Value per Share
33,13
Tangible Book Value per Share
10.08
Shareholders Equity per Share
33.13
Interest Debt per Share
4.09
Debt to Equity
0.11
Debt to Assets
0.07
Net Debt to EBITDA
-0.65
Current Ratio
1.46
Tangible Asset Value
0,13 Bil.
Net Current Asset Value
0,04 Bil.
Invested Capital
463100000
Working Capital
0,10 Bil.
Intangibles to Total Assets
0.43
Average Receivables
0,08 Bil.
Average Payables
0,01 Bil.
Average Inventory
9700000
Debt to Market Cap
0.02

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.

IAR Systems Group AB (publ) Dividends
Year Dividends Growth
2007 0
2008 0 0%
2009 1 0%
2010 1 100%
2012 1 0%
2013 2 50%
2014 2 0%
2015 1 -100%
2016 2 50%
2017 5 60%
2018 5 0%
2019 5 0%
2023 2 -400%
2024 2 0%

IAR Systems Group AB (publ) Profile

About IAR Systems Group AB (publ)

IAR Systems Group AB (publ) provides software tools and services for embedded systems development in Sweden. The company offers IAR Embedded Workbench, a development toolchain for embedded software and arm technology. It also provides RISC-V, a specialist product for embedded development; renesas, a development tool for microcontrollers; NXP, a developing application for microcontrollers, as well as offers nuvoton technology, a smart home and cloud security integrated circuit. In addition, the company provides texas instruments such as wireless microcontrollers, and microprocessors; microelectronics and microchips. The company serves automotive, industrial automation, internet of things, medical, and consumer electronics industries. IAR Systems Group AB (publ) was founded in 1983 and is headquartered in Uppsala, Sweden.

CEO
Ms. Cecilia Wachtmeister
Employee
215
Address
Strandbodgatan 1
Uppsala, 75323

IAR Systems Group AB (publ) Executives & BODs

IAR Systems Group AB (publ) Executives & BODs
# Name Age
1 Ms. Cecilia Wachtmeister
Chief Executive Officer
70
2 Ms. Dannielle Iversen
Chief Revenue Officer & Area Vice President, Americas
70
3 Mr. Anders Holmberg
Chief Technology Officer
70
4 Mr. Richard Lind
President
70
5 Ms. Ann Zetterberg
Chief Financial Officer
70
6 Mr. Ali Sebt
Chief Corporate Development Officer
70
7 Mr. Jesper Rydaker
Chief Marketing & Communications Officer
70
8 Ms. Hanna Laurentz
Head of Corporate Communications
70
9 Ms. Lotta Frimanson
Director of Product Management
70
10 Emilia Waldenvik
Chief Human Resources Officer
70

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