Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Ngenic AB (publ), an independent energy technology company, develops and sells digital solutions for the ongoing conversion of the energy system in Sweden. It offers Ngenic Tune, a smart thermostat that collects information about weather, and indoor and outdoor temperature, as well as helps to optimize heating system; and Ngenic Track, a communication unit that communicates digitally with the existing electricity and heat meter in contrast to existing third-party meters, as well as supports energy meter for electric and district heating. The company also provides FairShare, a system for the control of heating systems in properties with water-borne heat; and Gridtuner service for load control and optimization of electric or district heating network; and customized software and hardware solutions. It serves energy companies, tenant-owner associations and landlords, commercial properties, and private individuals. The company was founded in 2010 and is headquartered in Uppsala, Sweden.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.