TagMaster AB Class B (TAGM.B) AI Stock Analysis

• Market Cap: kr188.95M
• Dividend Yield: N/A
• Average Volume (3M): 14.79K
• Price to Earnings (P/E): 1186.6
• Beta (1Y): 0.24
• Revenue Growth: 2.97%
• EPS Growth: -98.08%
• Country: SE
• Employees: 164
• Sector: Technology
• Sector Strength: 82
• Industry: Communication Equipment
• EPS (TTM): 0.01
• Shares Outstanding: 14,647,526
• 10 Day Avg. Volume: 6,820
• 30 Day Avg. Volume: 14,792
• PEG Ratio: -8.75
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

TagMaster AB Class B presents a mixed investment case. The financial performance shows strong cash generation but low profitability and returns on equity. The technical analysis reveals positive price momentum, albeit with overbought indicators suggesting caution. The valuation is a significant concern, with an extremely high P/E ratio indicating potential overvaluation. Overall, while the company has some strengths, notably in cash management, the high valuation and low profitability are key risks.

TagMaster AB Class B Business Overview & Revenue Model

Company Description

TagMaster AB Class B is a Swedish technology company specializing in advanced sensor systems and solutions for traffic and rail applications. The company develops and manufactures products such as RFID (Radio Frequency Identification) systems, ANPR (Automatic Number Plate Recognition) cameras, and other related technologies that are used to enhance transportation infrastructure, improve traffic flow, and increase security in urban environments.

How the Company Makes Money

TagMaster AB generates revenue through the sale of its sophisticated sensor and identification systems to a wide range of clients in the traffic and rail industries. The company's revenue streams primarily include the sales of RFID tags, readers, ANPR cameras, and associated software solutions. These products are integral to smart city projects, tolling systems, traffic management, and rail-bound applications. Additionally, TagMaster collaborates with various partners and clients globally, leveraging these relationships to expand its market reach and drive sales. Service contracts, maintenance agreements, and software licensing also contribute to its revenue, providing a steady income stream alongside hardware sales.

TagMaster AB Class B Financial Statement Overview

Summary

Overall, TagMaster AB Class B shows a mixed financial performance. Income statement metrics suggest stable revenue but low profitability. The balance sheet indicates a healthy capital structure but low returns on equity. Cash flow metrics highlight strong cash generation despite negative free cash flow growth, reflecting solid operational management but potential future liquidity concerns.

Income Statement

The gross profit margin for TTM is 34.05%, indicating a stable ability to cover costs. However, the net profit margin is low at 0.05%, pointing to challenges in converting sales into net income. Revenue growth is modest with a 0.87% increase from the previous year. EBIT and EBITDA margins are quite low at 0.28% and 8.47%, respectively, suggesting limited operational efficiency.

Balance Sheet

The debt-to-equity ratio is 0.48 for TTM, indicating moderate leverage. The return on equity is low at 0.08%, reflecting challenges in generating returns on shareholders' funds. The equity ratio of 51.21% shows a balanced capital structure with sufficient equity buffer.

Cash Flow

Free cash flow growth rate is negative, indicating potential cash flow challenges. However, the operating cash flow to net income ratio is strong at 239.72, suggesting robust cash generation relative to net income. The free cash flow to net income ratio is also high, supporting solid cash flow management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
424.90M	420.44M	404.71M	358.60M	326.89M	286.45M
	Gross Profit
224.26M	287.10M	277.12M	244.76M	223.53M	191.50M
	EBIT
1.18M	10.30M	15.30M	-9.79M	1.78M	-14.99M
	EBITDA
32.15M	41.99M	35.61M	9.36M	23.56M	-414.00K
	Net Income Common Stockholders
196.00K	4.66M	13.68M	24.15M	5.86M	-20.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
40.73M	46.89M	25.06M	36.22M	53.52M	51.79M
	Total Assets
490.95M	556.69M	428.58M	413.93M	367.40M	319.15M
	Total Debt
119.95M	147.62M	75.28M	57.28M	64.26M	50.45M
	Net Debt
79.22M	100.73M	50.22M	21.06M	10.74M	-1.34M
	Total Liabilities
239.53M	270.44M	169.29M	161.70M	167.46M	141.40M
	Stockholders Equity
251.42M	286.25M	259.29M	252.23M	199.94M	177.76M
Cash Flow		Free Cash Flow
45.79M	57.77M	27.50M	-8.06M	24.98M	23.73M
	Operating Cash Flow
46.98M	58.64M	28.45M	-6.68M	26.25M	27.43M
	Investing Cash Flow
-61.79M	-64.61M	-51.50M	-1.28M	-33.60M	-1.50M
	Financing Cash Flow
12.56M	26.09M	11.96M	-15.04M	4.95M	-9.86M

TagMaster AB Class B Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:TAGM.B, the sentiment is Neutral. The current price of 11.35 is below the 20-day moving average (MA) of 11.46, below the 50-day MA of 13.03, and below the 200-day MA of 13.75, indicating a neutral trend. The MACD of -0.27 indicates Negative momentum. The RSI at 57.46 is Neutral, neither overbought nor oversold. The STOCH value of 95.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:TAGM.B.

TagMaster AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IS	73 Outperform	€179.31M	28.71	5.07%	―	15.63%	―
Sector *	60 Neutral	$11.65B	10.64	-6.67%	2.93%	7.67%	-10.33%
TAGM.B	57 Neutral	kr188.95M	1,186.57	>-0.01%	―	2.97%	-98.08%
MAVEN	55 Neutral	kr409.75M	1,947.62	-6.45%	1.21%	-20.56%	-99.26%
INCOAX	49 Neutral	kr198.21M	―	-18.50%	―	24.96%	23.93%
ACCON	48 Neutral	€394.86M	―	-14.39%	―	44.48%	59.15%
FREEM	47 Neutral	kr303.90M	―	-37.52%	―	-10.24%	12.09%