PAXMAN AB chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.79
Dividend & YieldN/Akr (N/A)
Beta 0.97
Market capitalization 811.07M
Operating cash flow 8.25M
ESG Scores unknown

Company description

Paxman AB (publ), together with its subsidiaries, develops and sells Paxman scalp cooling system to minimize hair loss in connection with chemotherapy treatment in Europe, the United States, Mexico, Japan, Oceania, rest of Asia, and South and Central America. It serves various cancer centers and hospitals. The comapny has a research collaboration agreement with National University Hospital, Singapore for the development of portable cooling and compression device. Paxman AB (publ) was founded in 1996 and is based in Karlshamn, Sweden.

Sector: Healthcare - Industry: Medical Devices

Financial Ratios
Quick Ratio2.58
Working Capital-0.18
Return On Equity-0.1
Debt To Equity0.05
Fixed Asset Ratio0.12
Fixed Interest Cover-5.08

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -18.32M -20.83M -6.32M -24.45M
Net Borrowings 10.02M 18.68M 16.78M -31.08M
Total Cash From Financing Activities 10.02M 18.68M 16.78M 97.28M
Change To Operating Activities 6.14M 7.94M -7.27M 5.54M
Issuance Of Stock 128.35M 128.35M 128.35M 128.35M
Net Income -7.1M 2.76M -19.19M -12.78M
Change In Cash -7.91M 1.16M 1.98M 68.69M
Effect Of Exchange Rate
Total Cash From Operating Activities 400k 3.31M -8.48M -4.14M
Depreciation 3.57M 7.08M 10.64M 13.47M
Change To Account Receivables -4.77M -5.11M 7.67M -5.3M
Other Cashflows From Financing Activities
Change To Netincome 703k -6.63M 1.54M -712k
Capital Expenditures -17.36M -16.99M -4.67M -18.21M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -5.16M -2.67M -20.1M -12.67M
Net Income -7.1M 2.76M -19.19M -12.78M
Selling General Administrative 45.57M 56.93M 54.07M 61.64M
Gross Profit 45.48M 64.04M 50.69M 64.52M
Ebit -4.78M -1.29M -11.69M -10.59M
Operating Income -4.78M -1.29M -11.69M -10.59M
Interest Expense -382k -1.38M -8.42M -2.1M
Income Tax Expense 1.94M -5.43M -910k 106k
Total Revenue 68.56M 95.67M 83.14M 104.71M
Cost Of Revenue 23.09M 31.63M 32.45M 40.19M
Total Other Income ExpenseNet -382k -1.38M -8.41M -2.08M
Net Income From Continuing Ops -7.1M 2.76M -19.19M -12.78M
Net Income Applicable To Common Shares -7.1M 2.76M -19.19M -12.78M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 30.34M 56.61M 66.12M 40.59M
Total Stockholder Equity 25.39M 28.36M 10.89M 125.75M
Other Current Liabilities 2.81M 2.6M 2.81M 512k
Total Assets 55.74M 84.97M 77.01M 166.34M
Common Stock 16.01M 16.01M 16.01M 19.01M
Other Current Assets 1k 2k
Retained Earnings -7.1M 2.76M -19.19M -12.78M
Treasury Stock 16.48M 9.59M 14.06M 119.52M
Cash 448k 1.6M 3.58M 72.27M
Total Current Liabilities 29.92M 42.5M 49.71M 34.76M
Other Stockholder Equity 16.48M 9.59M 14.06M 119.52M
Property, Plant, and Equipment 24.01M 33.92M 29.5M 35.88M
Total Current Assets 21.87M 32.18M 29.31M 107.67M
Net Tangible Assets 15.58M 16.03M -1.53M 109.39M
Net Receivables 11.28M 14.45M 8.42M 14.48M
Accounts Payable 12.92M 19.89M 10.96M 16.51M


Insider Transactions

Here are the insider transactions of stock shares related to PAXMAN AB:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to PAXMAN AB. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on PAXMAN AB

Here is the result of two systematic investment strategies applied to PAXMAN AB. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on PAXMAN AB

The following chart shows the equity curve of the two systematic investment strategies applied to PAXMAN AB:

PAXMAN AB automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 32.41% on the backtest period.

Performance at glance

Performance

32.41 %

Latent gain

154.2 kr

Invested capital

475.8 kr

Annualized return

41.55 %
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Momentum strategy results on PAXMAN AB

This is the result of two momentum investment strategies applied to PAXMAN AB. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on PAXMAN AB

The following chart shows all the entries opened by the momentum investment system on PAXMAN AB:

PAXMAN AB momentum entries
  • The first momentum investment strategy would give 33.78% of return on PAXMAN AB. That represents 424.2kr of latent gain with 1255.8kr of employed capital.
  • The second momentum investment strategy would give 37.25% of return on PAXMAN AB. That represents 190.0kr of latent gain with 510.0kr of employed capital.
Performance at glance (1Q Momentum)

Performance

33.78 %

Latent gain

424.2 kr

Invested capital

1255.8 kr

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

37.25 %

Latent gain

190.0 kr

Invested capital

510.0 kr

Annualized return

124.17 %

Momentum equity curve on PAXMAN AB

The following chart shows the equity curve of the two momentum strategies applied to PAXMAN AB:

PAXMAN AB momentum equity

Note: the dividends potentially given by PAXMAN AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PAXMAN AB

The following chart shows the employed capital evolution of the two momentum strategies on PAXMAN AB since the beginning:

PAXMAN AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on PAXMAN AB

Buy the dip entry openings on PAXMAN AB

PAXMAN AB

The performance achieved by the robo-advisor on PAXMAN AB is 0%. That represents 0.0$ of latent gain with 0.0kr of employed capital. The following chart shows PAXMAN AB stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PAXMAN AB, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Equity curve of the strategy applied to PAXMAN AB

The following chart shows the result of the investment strategy applied to PAXMAN AB:

PAXMAN AB

Note: the dividends potentially given by PAXMAN AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PAXMAN AB

The following chart shows the employed capital evolution since the beginning of the investment strategy on PAXMAN AB:

PAXMAN AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on PAXMAN AB

In this section, I will compare the three previous investment strategies applied to PAXMAN AB.

Equity curve comparison on PAXMAN AB

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

PAXMAN AB investment strategy comparison

Employed capital comparison on PAXMAN AB

PAXMAN AB investment comparison

Performance comparison on PAXMAN AB

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 32.41% 154.2kr 475.8kr 41.55%
Momentum 1 quarter 33.78% 424.2kr 1255.8kr 62.56%
Momentum 2 quarters 37.25% 190.0kr 510.0kr 124.17%
Non-directional 0% 0.0kr 0.0kr -0.0%
Annualized return comparison

Automatic investment

41.55 %

Momentum 1Q

124.17 %

Momentum 2Q

124.17 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PAXMAN AB:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between PAXMAN AB and the other stocks. There may be false positives or some missing correlated stocks. If the price of PAXMAN AB does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name PAXMAN AB
Country Sweden
City Karlshamn
Address Pirgatan 13
Phone
Website paxmanscalpcooling.com
FullTime employees 73
Industry Medical Devices
Sector Healthcare
Exchange XSTO
Ticker PAX.XSTO
Market www.nasdaqomxnordic.com

PAXMAN AB ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown