Why is CDON AB ?
1
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -31.58%, its profits have risen by 31.2%
2
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -31.58% returns in the last 1 year, the stock has also underperformed OMX Stockholm 30 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in E-Retail/ E-Commerce)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is CDON AB for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
CDON AB
-31.58%
-0.71
72.69%
OMX Stockholm 30
8.01%
0.44
18.11%
Quality key factors
Factor
Value
Sales Growth (5y)
-4.59%
EBIT Growth (5y)
-4.25%
EBIT to Interest (avg)
-65.01
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
0.76
Tax Ratio
0.75%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.38
EV to EBIT
-10.08
EV to EBITDA
-10.08
EV to Capital Employed
1.45
EV to Sales
1.55
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-14.41%
ROE (Latest)
-11.15%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bullish
Technical Movement
16What is working for the Company
OPERATING CASH FLOW(Y)
Highest at SEK 18.4 MM
RAW MATERIAL COST(Y)
Fallen by -9.76% (YoY
OPERATING PROFIT(Q)
Highest at SEK -4 MM
OPERATING PROFIT MARGIN(Q)
Highest at -3.98 %
PRE-TAX PROFIT(Q)
Highest at SEK -4.7 MM
NET PROFIT(Q)
Highest at SEK -4.7 MM
-1What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 10.48%
Here's what is working for CDON AB
Operating Cash Flow
Highest at SEK 18.4 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (SEK MM)
Pre-Tax Profit
At SEK -4.7 MM has Grown at 84.44%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (SEK MM)
Operating Profit
Highest at SEK -4 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (SEK MM)
Operating Profit Margin
Highest at -3.98 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at SEK -4.7 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Net Profit
Highest at SEK -4.7 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
Net Profit
At SEK -4.7 MM has Grown at 84.44%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
Raw Material Cost
Fallen by -9.76% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for CDON AB
Inventory Turnover Ratio
Lowest at 10.48%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






