Ratings Acast AB

Equities

ACAST

SE0015960935

Market Closed - Nasdaq Stockholm Other stock markets 16:29:36 06/05/2024 BST			5-day change	1st Jan Change
11.6 ^SEK	+4.04%		+8.41%	+16.12%

02-12	Transcript : Acast AB, 2023 Earnings Call, Feb 12, 2024
02-12	Acast AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by -100% by 2026.
The company is in a robust financial situation considering its net cash and margin position.
With regards to fundamentals, the enterprise value to sales ratio is at 0.8 for the current period. Therefore, the company is undervalued.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
The opinion of analysts covering the stock has improved over the past four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
The company has insufficient levels of profitability.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Internet Services

	1st Jan change	Capi.	ESG Refinitiv
ACAST AB	+16.12%	187M	C
TENCENT HOLDINGS LIMITED	+26.09%	434B	B
UBER TECHNOLOGIES, INC.	+16.14%	144B	A-
AIRBNB, INC.	+19.00%	101B	C-
PROSUS N.V.	+24.75%	88.78B	B+
SPOTIFY TECHNOLOGY S.A.	+59.37%	58.93B	B-
DOORDASH, INC.	+18.91%	46.54B	C+
COSTAR GROUP, INC.	+4.47%	37.25B	B
NASPERS LIMITED	+19.92%	35.9B	C+
PINTEREST, INC.	+11.72%	27.61B	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes