Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Hitech & Development Wireless Sweden Holding AB (publ) provides technology and services within Internet of Things (IoT) and real-time location system (RTLS) in Sweden. The company offers Griffin Enterprise Positioning Services, an IoT cloud platform, which provides RTLS solutions that helps companies to digitize and visualize business processes in real-time in the fields of industry, construction, yard management, and hospitality; and CASAT, a cloud-based platform for the manufacturing execution system. It also provides connectivity modules, such as dual band, and dual mode Wi-Fi and Bluetooth modules, as well as Wi-Fi systems packages for use in the automotive infotainment, wearables, healthcare, industrial, smart buildings, and connected homes for IoT. In addition, the company offers consultancy services, which include engineering services in the automotive industry; design applications for smart home, industrial IoT, smart building, interactive consumer devices, smart city, and healthcare; and develops solutions for ergonomics, maintenance, scalability, and environment of MVV labs. The company was founded in 2009 and is based in Kista, Sweden.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITD.
Buy
Sell