Why is FormPipe Software AB ?
1
Flat results in Mar 26
- NET PROFIT(HY) At SEK -29.1 MM has Grown at -161.8%
- OPERATING CASH FLOW(Y) Lowest at SEK 20.44 MM
- NET SALES(Q) At SEK 60.91 MM has Fallen at -24.18%
2
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 12.50%, its profits have fallen by -476.9%
3
Underperformed the market in the last 1 year
- The stock has generated a return of 12.50% in the last 1 year, much lower than market (OMX Stockholm 30) returns of 30.13%
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 Software Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is FormPipe Software AB for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
FormPipe Software AB
12.5%
0.18
69.80%
OMX Stockholm 30
30.13%
1.89
15.95%
Quality key factors
Factor
Value
Sales Growth (5y)
-0.18%
EBIT Growth (5y)
-5.41%
EBIT to Interest (avg)
27.65
Debt to EBITDA (avg)
0.11
Net Debt to Equity (avg)
-0.08
Sales to Capital Employed (avg)
0.80
Tax Ratio
23.65%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.10%
ROE (avg)
6.95%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.47
EV to EBIT
31.27
EV to EBITDA
14.85
EV to Capital Employed
1.48
EV to Sales
3.16
PEG Ratio
NA
Dividend Yield
2.12%
ROCE (Latest)
4.74%
ROE (Latest)
-1.31%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
11What is working for the Company
NET PROFIT(Q)
At SEK 6.54 MM has Grown at 175.36%
RAW MATERIAL COST(Y)
Fallen by -2,539.73% (YoY
CASH AND EQV(HY)
Highest at SEK 1,637.62 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -93.68 %
OPERATING PROFIT MARGIN(Q)
Highest at 26.01 %
PRE-TAX PROFIT(Q)
Highest at SEK 10.35 MM
-18What is not working for the Company
NET PROFIT(HY)
At SEK -29.1 MM has Grown at -161.8%
OPERATING CASH FLOW(Y)
Lowest at SEK 20.44 MM
NET SALES(Q)
At SEK 60.91 MM has Fallen at -24.18%
ROCE(HY)
Lowest at -4.07%
Here's what is working for FormPipe Software AB
Pre-Tax Profit
At SEK 10.35 MM has Grown at 264.33%
over average net sales of the previous four periods of SEK -6.3 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (SEK MM)
Net Profit
At SEK 6.54 MM has Grown at 175.36%
over average net sales of the previous four periods of SEK -8.67 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (SEK MM)
Operating Profit Margin
Highest at 26.01 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at SEK 10.35 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SEK MM)
Cash and Eqv
Highest at SEK 1,637.62 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -93.68 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -2,539.73% (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 FormPipe Software AB
Net Sales
At SEK 60.91 MM has Fallen at -24.18%
over average net sales of the previous four periods of SEK 80.33 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (SEK MM)
Operating Cash Flow
Lowest at SEK 20.44 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (SEK MM)






