Codemill AB (CDMIL) AI Stock Analysis

• Market Cap: kr204.32M
• Dividend Yield: 3.33%
• Average Volume (3M): 1.34K
• Price to Earnings (P/E): 45.7
• Beta (1Y): -0.11
• Revenue Growth: -7.50%
• EPS Growth: -34.43%
• Country: SE
• Employees: 54
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.12
• Shares Outstanding: 13,621,653
• 10 Day Avg. Volume: 1,698
• 30 Day Avg. Volume: 1,337
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: kr15.50 ▲(8.77% Upside)

Codemill AB's overall stock score reflects a stable financial position with strong profitability margins and a solid balance sheet. However, the stock is currently overvalued with a high P/E ratio, and technical indicators suggest it is overbought, which could lead to a price pullback. The lack of revenue growth and cash flow challenges further weigh on the score.

Codemill AB Business Overview & Revenue Model

Company Description

Codemill AB (CDMIL) is a leading software development company specializing in providing innovative solutions for the media and entertainment industry. The company focuses on delivering high-quality software products and services, including video processing, streaming technology, and customized software development. With a strong emphasis on enhancing user experiences and operational efficiencies, Codemill operates in sectors such as media technology, broadcasting, and content management.

How the Company Makes Money

Codemill AB generates revenue through a combination of software licensing, project-based services, and ongoing maintenance contracts. The company primarily earns money by licensing its proprietary software solutions to clients in the media and entertainment sectors, which allows them to enhance their operational capabilities. Additionally, Codemill offers custom software development services tailored to specific client needs, resulting in project-based revenues. Ongoing support and maintenance contracts further contribute to the company's earnings by providing clients with continuous service and updates. Strategic partnerships with major media companies and technology providers also play a crucial role in expanding Codemill's market reach and driving sales growth.

Codemill AB Financial Statement Overview

Summary

Codemill AB shows positive financial performance with consistent revenue growth and improved profitability. The balance sheet is strong with low leverage, but cash flow generation has room for improvement.

Income Statement

Codemill AB's income statement shows a positive trajectory with consistent revenue growth from 2020 to TTM. The gross profit margin improved significantly, reaching 46.1% in TTM. The net profit margin also turned positive to 9.9% in TTM, indicating enhanced profitability. However, the EBIT margin remained modest at 9.7%, suggesting room for operational efficiency improvements.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio of 0.03 in TTM, reflecting minimal leverage risk. The equity ratio of 68.1% indicates a strong equity position relative to assets. Return on equity improved to 15.1% in TTM, showcasing efficient use of equity to generate profits.

Cash Flow

Codemill AB's cash flow statement highlights a positive free cash flow in TTM, despite a decline from the previous period. The operating cash flow to net income ratio of 2.09 in TTM demonstrates strong cash conversion. However, the free cash flow to net income ratio is 1.07, which is modest and indicates potential constraints in free cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.44M	91.97M	78.79M	57.31M	34.64M	30.20M
Gross Profit	38.04M	40.19M	26.78M	14.02M	-4.28M	569.00K
EBITDA	20.53M	27.11M	13.20M	948.00K	-16.41M	-8.62M
Net Income	4.47M	10.94M	-2.69M	-13.69M	-28.23M	-13.68M
Balance Sheet
Total Assets	74.70M	91.69M	81.19M	82.99M	98.83M	70.23M
Cash, Cash Equivalents and Short-Term Investments	27.23M	32.82M	15.66M	12.38M	28.68M	27.30M
Total Debt	1.46M	2.40M	4.93M	6.93M	9.10M	13.22M
Total Liabilities	25.00M	34.81M	35.30M	34.40M	36.45M	31.60M
Stockholders Equity	49.70M	56.88M	45.89M	48.59M	62.38M	36.47M
Cash Flow
Free Cash Flow	7.72M	19.92M	5.84M	-14.78M	-45.30M	-18.01M
Operating Cash Flow	17.08M	28.26M	14.46M	-166.00K	-15.54M	-4.63M
Investing Cash Flow	-9.37M	-8.34M	-8.61M	-14.00M	-36.40M	-13.38M
Financing Cash Flow	-9.46M	-2.64M	-2.56M	-2.14M	53.32M	42.16M

Codemill AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 14.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CDMIL, the sentiment is Neutral. The current price of 14.25 is below the 20-day moving average (MA) of 14.29, below the 50-day MA of 15.01, and below the 200-day MA of 17.04, indicating a neutral trend. The MACD of -0.29 indicates Negative momentum. The RSI at 56.51 is Neutral, neither overbought nor oversold. The STOCH value of 70.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:CDMIL.

Codemill AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LITI	―	kr228.32M	―	-0.84%	―	7.86%	-189.02%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CDMIL	―	kr204.32M	45.70	―	3.33%	-7.50%	-34.43%
GREAT	―	kr262.54M	―	―	―	-50.26%	-94.64%
CFISH	―	kr274.01M	-8.46	―	―	-51.24%	67.07%