Why is Tourn International AB ?
1
The company has declared Negative results for the last 6 consecutive quarters
- NET SALES(9M) At SEK 50.97 MM has Grown at -23.95%
- ROCE(HY) Lowest at -68.02%
- DEBT-EQUITY RATIO (HY) Highest at -29.53 %
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 -44.78%, its profits have fallen by -12.1%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -44.78% 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 Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tourn International AB for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tourn International AB
-44.78%
-0.80
87.56%
OMX Stockholm 30
8.01%
0.44
18.11%
Quality key factors
Factor
Value
Sales Growth (5y)
-6.13%
EBIT Growth (5y)
-4.99%
EBIT to Interest (avg)
-10.42
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.30
Sales to Capital Employed (avg)
3.25
Tax Ratio
0.24%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
25.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.26
EV to EBIT
-1.58
EV to EBITDA
-2.05
EV to Capital Employed
2.79
EV to Sales
0.53
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-176.20%
ROE (Latest)
-129.64%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
8What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -8.78% (YoY
OPERATING PROFIT(Q)
Highest at SEK -3.05 MM
PRE-TAX PROFIT(Q)
Highest at SEK -4.88 MM
NET PROFIT(Q)
Highest at SEK -3.52 MM
EPS(Q)
Highest at SEK -0.36
-8What is not working for the Company
NET SALES(9M)
At SEK 50.97 MM has Grown at -23.95%
ROCE(HY)
Lowest at -68.02%
DEBT-EQUITY RATIO
(HY)
Highest at -29.53 %
Here's what is working for Tourn International AB
Operating Profit
Highest at SEK -3.05 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (SEK MM)
Pre-Tax Profit
Highest at SEK -4.88 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 -3.52 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SEK MM)
EPS
Highest at SEK -0.36
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SEK)
Raw Material Cost
Fallen by -8.78% (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 Tourn International AB
Debt-Equity Ratio
Highest at -29.53 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Net Sales
At SEK 50.97 MM has Grown at -23.95%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (SEK MM)






