Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Acconeer AB (publ) develops radar sensing solutions worldwide. It offers A1 radar sensor, a high precision pulsed short-range radar sensor that is delivered as a one chip system in package solution with embedded radio and antenna for detecting various objects at close range with single measurements, as well as continuous sweeps set to any frequency up to 1500 Hz. The company also provides XM132 entry module, an integration-ready radar module with optimized for selected use cases; XM122 Internet of Things (IoT) module, a low power connected radar module with optimized circular form factor; XM112 pulsed coherent radar module that offers high precision distance measurement with mm accuracy and high update rate frequency; X112, a development kit, which includes a connector board and a radar sensor board for the development of applications; and A1 software development kit that includes radar sensor services, detectors, and application programming interface. Acconeer AB (publ) has a collaboration agreement with Alps Alpine for the research and development of pulsed coherent radar, A2. Its products are used in robot, consumer electronics, IoT, industrial and agriculture, healthcare and fitness, and automotive applications. The company was founded in 2011 and is headquartered in Malmö, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E.
Target Price
The average target price of ACCON.ST is 6.5 and suggests 70% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to