ScoreWhy is Karnov Group AB ?
1
Poor Management Efficiency with a low ROCE of 6.50%
- The company has been able to generate a Return on Capital Employed (avg) of 6.50% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 6.49% signifying low profitability per unit of shareholders funds
3
Healthy long term growth as Net Sales has grown by an annual rate of 27.91% and Operating profit at 28.48%
4
The company has declared Positive results for the last 5 consecutive quarters
- NET PROFIT(HY) Higher at SEK 925.59 MM
- ROCE(HY) Highest at 37.97%
- RAW MATERIAL COST(Y) Fallen by -15.07% (YoY)
5
With ROE of 32.58%, it has a fair valuation with a 2.45 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -35.18%, its profits have risen by 785.5% ; the PEG ratio of the company is 0
6
Below par performance in long term as well as near term
- Along with generating -35.18% returns in the last 1 year, the stock has also underperformed OMX Stockholm 30 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Karnov Group AB should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Karnov Group AB for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Karnov Group AB
-35.18%
-0.57
41.11%
OMX Stockholm 30
30.13%
1.89
15.95%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
27.91%
EBIT Growth (5y)
28.48%
EBIT to Interest (avg)
3.29
Debt to EBITDA (avg)
2.46
Net Debt to Equity (avg)
0.85
Sales to Capital Employed (avg)
0.57
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.50%
ROE (avg)
6.49%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
2.45
EV to EBIT
18.01
EV to EBITDA
9.87
EV to Capital Employed
2.09
EV to Sales
3.42
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
11.60%
ROE (Latest)
32.58%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend15What is working for the Company
NET PROFIT(HY)
Higher at SEK 925.59 MM
ROCE(HY)
Highest at 37.97%
RAW MATERIAL COST(Y)
Fallen by -15.07% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 62.84 %
-9What is not working for the Company
PRE-TAX PROFIT(Q)
At SEK 104.8 MM has Fallen at -63.08%
NET PROFIT(Q)
At SEK 83.49 MM has Fallen at -68.41%
INVENTORY TURNOVER RATIO(HY)
Lowest at 106.76 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.59 times
NET SALES(Q)
Lowest at SEK 628.1 MM
Here's what is working for Karnov Group AB
Debt-Equity Ratio
Lowest at 62.84 %
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 -15.07% (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 Karnov Group AB
Pre-Tax Profit
At SEK 104.8 MM has Fallen at -63.08%
over average net sales of the previous four periods of SEK 283.82 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (SEK MM)
Net Profit
At SEK 83.49 MM has Fallen at -68.41%
over average net sales of the previous four periods of SEK 264.32 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (SEK MM)
Net Sales
Lowest at SEK 628.1 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (SEK MM)
Inventory Turnover Ratio
Lowest at 106.76 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 4.59 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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