ScoreWhy is Medicover AB ?
1
The company is Net-Debt Free
- The company is Net-Debt Free
2
Healthy long term growth as Net Sales has grown by an annual rate of 20.29%
3
The company has declared Positive results for the last 11 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at SEK 3,105.56 MM
- ROCE(HY) Highest at 16.58%
- INTEREST COVERAGE RATIO(Q) Highest at 645.18
4
With ROE of 13.76%, it has a very expensive valuation with a 5.00 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -14.18%, its profits have risen by 59% ; the PEG ratio of the company is 0.6
5
Underperformed the market in the last 1 year
- Even though the market (OMX Stockholm 30) has generated returns of 26.99% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -14.18% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Medicover AB should be less than 10%
- Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Medicover AB for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Medicover AB
-14.18%
0.54
29.36%
OMX Stockholm 30
26.99%
1.74
15.47%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
20.29%
EBIT Growth (5y)
21.80%
EBIT to Interest (avg)
2.66
Debt to EBITDA (avg)
1.94
Net Debt to Equity (avg)
1.35
Sales to Capital Employed (avg)
1.66
Tax Ratio
26.19%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.18%
ROCE (avg)
10.36%
ROE (avg)
9.18%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
36
Industry P/E
Price to Book Value
5.00
EV to EBIT
21.57
EV to EBITDA
9.35
EV to Capital Employed
2.55
EV to Sales
1.49
PEG Ratio
0.64
Dividend Yield
0.05%
ROCE (Latest)
11.81%
ROE (Latest)
13.76%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend15What is working for the Company
OPERATING CASH FLOW(Y)
Highest at SEK 3,105.56 MM
ROCE(HY)
Highest at 16.58%
INTEREST COVERAGE RATIO(Q)
Highest at 645.18
RAW MATERIAL COST(Y)
Fallen by -0.83% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 29.54 times
NET SALES(Q)
Highest at SEK 6,972.74 MM
OPERATING PROFIT(Q)
Highest at SEK 1,166.12 MM
OPERATING PROFIT MARGIN(Q)
Highest at 16.72 %
PRE-TAX PROFIT(Q)
Highest at SEK 364.75 MM
NET PROFIT(Q)
Highest at SEK 269.11 MM
EPS(Q)
Highest at SEK 1.76
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.92 times
Here's what is working for Medicover AB
Operating Cash Flow
Highest at SEK 3,105.56 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)
Interest Coverage Ratio
Highest at 645.18
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at SEK 6,972.74 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (SEK MM)
Operating Profit
Highest at SEK 1,166.12 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (SEK MM)
Operating Profit Margin
Highest at 16.72 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at SEK 364.75 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 269.11 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
EPS
Highest at SEK 1.76
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SEK)
Inventory Turnover Ratio
Highest at 29.54 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -0.83% (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 Medicover AB
Debtors Turnover Ratio
Lowest at 6.92 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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