PROBI AB chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 56.55
Dividend & Yield1.30kr (0.60%)
Beta 0.74
Market capitalization 2.4B
Operating cash flow 202.58M
ESG Scores unknown

Company description

Probi AB (publ) researches, develops, manufactures, markets, and sells probiotics for health, pharmaceutical, and food companies. The company conducts research primarily in the fields of gastrointestinal health, digestive health, immune health, bone health, and iron absorption, as well as children's, women's, and senior health. It provides dietary supplement, and food and beverage products in the form of capsules, tablets and spheres, chewable tablets, powder, fruit drinks, shots, carbonated beverages, and recovery drinks. The company sells its products approximately in 40 countries worldwide. It has a collaboration with Örebro University for research into exploration needle free vaccines; and a collaboration with La Trobe University to conduct a clinical trial to investigate the effect of Probi Osteo in an Australian women. The company was incorporated in 1991 and is headquartered in Lund, Sweden. Probi AB (publ) is a subsidiary of Symrise AG.

Sector: Healthcare - Industry: Drug Manufacturers—Specialty & Generic

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 11.29M 3.23M 19.27M -4.56M
Total Cashflows From Investing Activities -14.04M -35.12M -96.4M -97.48M
Net Borrowings -70.2M -131.45M -13.15M -12.42M
Total Cash From Financing Activities -74.11M -133.01M -27.69M -27.99M
Change To Operating Activities
Issuance Of Stock
Net Income 76.25M 85.89M 92.69M 83.14M
Change In Cash 43.75M 7.66M 8.59M 35.47M
Effect Of Exchange Rate 4.04M 2.18M -10.68M 6.74M
Total Cash From Operating Activities 127.87M 173.61M 143.36M 154.19M
Depreciation 49.66M 65.44M 66.77M 66.25M
Change To Account Receivables -29.36M 11.74M -13.89M -24.65M
Other Cashflows From Financing Activities -3.91M -1.56M -3.15M -3.04M
Change To Netincome 9.77M 9.22M 208k 10.4M
Capital Expenditures -3.8M -26.73M -30.04M -35.15M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 32.73M 31.05M 36.35M 37.08M
Income Before Tax 98.56M 109.52M 120.09M 107.44M
Net Income 76.25M 85.89M 92.69M 83.14M
Selling General Administrative 146.55M 151.1M 150.31M 143.37M
Gross Profit 278.03M 291.65M 309.96M 288.01M
Ebit 101.12M 111.54M 123.68M 109.24M
Operating Income 101.12M 111.54M 123.68M 109.24M
Interest Expense -5.45M -2.97M -1.87M -1.77M
Income Tax Expense 22.31M 23.64M 27.39M 24.29M
Total Revenue 604.12M 626.19M 717.16M 658.18M
Cost Of Revenue 326.09M 334.55M 407.21M 370.17M
Total Other Income ExpenseNet -2.56M -2.02M -3.59M -1.8M
Net Income From Continuing Ops 76.25M 85.89M 92.69M 83.14M
Net Income Applicable To Common Shares 76.25M 85.89M 92.69M 83.14M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 181.03M 137.48M 124.69M 166.63M
Total Stockholder Equity 1.03B 1.15B 1.12B 1.27B
Other Current Liabilities 6.67M 19.39M 5.66M 7.13M
Total Assets 1.21B 1.29B 1.24B 1.43B
Common Stock 58.22M 58.22M 58.22M 58.22M
Other Current Assets 961k 998k 919k
Retained Earnings 345.9M 433.51M 514.81M 585.42M
Treasury Stock 24.07M 60.19M -58.03M 21.69M
Cash 199.3M 206.96M 215.55M 251.02M
Total Current Liabilities 174.26M 85.92M 85.91M 85.79M
Other Stockholder Equity 24.07M 60.19M -58.03M 21.69M
Property, Plant, and Equipment 29.16M 107.32M 103.08M 166.68M
Total Current Assets 380.28M 378.33M 409.81M 473.58M
Net Tangible Assets 274.24M 396.95M 480.88M 607.23M
Net Receivables 109.03M 88.66M 93.29M 125.76M
Accounts Payable 31.46M 37.63M 39.92M 46.24M


Insider Transactions

Here are the insider transactions of stock shares related to PROBI 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 PROBI 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 PROBI AB

Here is the result of two systematic investment strategies applied to PROBI 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 PROBI AB

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

PROBI AB automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.63% on the backtest period.

Performance at glance

Performance

6.63 %

Latent gain

174.7 kr

Invested capital

2635.8 kr

Annualized return

1.6 %
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Momentum strategy results on PROBI AB

This is the result of two momentum investment strategies applied to PROBI 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 PROBI AB

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

PROBI AB momentum entries
  • The first momentum investment strategy would give 21.51% of return on PROBI AB. That represents 1208.3kr of latent gain with 5617.2kr of employed capital.
  • The second momentum investment strategy would give 5.32% of return on PROBI AB. That represents 243.4kr of latent gain with 4574.6kr of employed capital.
Performance at glance (1Q Momentum)

Performance

21.51 %

Latent gain

1208.3 kr

Invested capital

5617.2 kr

Annualized return

43.04 %
Performance at glance (2Q Momentum)

Performance

5.32 %

Latent gain

243.4 kr

Invested capital

4574.6 kr

Annualized return

1.45 %

Momentum equity curve on PROBI AB

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

PROBI AB momentum equity

Note: the dividends potentially given by PROBI 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 PROBI AB

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

PROBI 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 PROBI AB

Buy the dip entry openings on PROBI AB

PROBI AB

The performance achieved by the robo-advisor on PROBI AB is 92.11%. That represents 192.5$ of latent gain with 209.0kr of employed capital. The following chart shows PROBI AB stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PROBI 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

92.11 %

Latent gain

192.5 kr

Invested capital

209.0 kr

Annualized return

43.04 %

Equity curve of the strategy applied to PROBI AB

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

PROBI AB

Note: the dividends potentially given by PROBI 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 PROBI AB

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

PROBI 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 PROBI AB

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

Equity curve comparison on PROBI AB

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

PROBI AB investment strategy comparison

Employed capital comparison on PROBI AB

PROBI AB investment comparison

Performance comparison on PROBI AB

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.63% 174.7kr 2635.8kr 1.6%
Momentum 1 quarter 21.51% 1208.3kr 5617.2kr 5.52%
Momentum 2 quarters 5.32% 243.4kr 4574.6kr 1.45%
Non-directional 92.11% 192.5kr 209.0kr 43.04%
Annualized return comparison

Automatic investment

1.6 %

Momentum 1Q

1.45 %

Momentum 2Q

1.45 %

Non-directional

43.04 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PROBI 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 PROBI AB and the other stocks. There may be false positives or some missing correlated stocks. If the price of PROBI AB does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name PROBI AB
Country Sweden
City Lund
Address Ideongatan 1A
Phone 46 4 62 86 89 20
Website www.probi.com
FullTime employees 165
Industry Drug Manufacturers—Specialty & Generic
Sector Healthcare
Exchange XSTO
Ticker PROB.XSTO
Market www.nasdaqomxnordic.com

PROBI 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