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Advenica AB (ADVE.ST)

SEK18.94 +0.58 (+3.16%)
SE STO Technology Information Technology Services
Address Roskildevägen 1B 211 47
Malmö, AB, SE
CEO Marie Bengtsson
IPO 2014-09-18
ISIN SE0006219473

Explore sections of this company profile

Description

Advenica AB (publ) develops and sells security solutions for defense and authority, and business customers in Sweden, Finland, and internationally. The company offers cross domain solutions, including SecuriCDS Data Diode, which allows unidirectional information exchange between networks; ZoneGuard, a gateway for controlling two-way filtered information flow supporting third party control for enforcing digitally signed information policy; and SecuriRAM, a self-erasing USB drive designed to transport a limited amount of information. It also provides network encryptors, which includes SecureiVPN, a quantum-secure IP encryption system for tactical and strategic defense operation; and SecuriConnect, a VPN system for long-term communication privacy. In addition, the company offers secure machine connection, a security solution for connecting to machine equipment onsite; and file security screener solution, a security data transfer solution, as well as remote access device, a hardware-based remote access solution for equipment. Its solutions are used in various applications, such as data traffic, email, video conference, multimedia, file transfer, insider threats, and modification and eavesdropping applications. Advenica AB (publ) was incorporated in 1993 and is headquartered in Malmö, Sweden.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK18.94 +0.58 (+3.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
91.9K
Beta
1.06
Float Shares
14.16M
Free Float %
32.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.87% -13.80% -19.92% +33.20% +38.28% +1.91% -12.69% +100.00% +123.08% +18.22% +72.48%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
18.94
DCF (Levered) 5.48 -71.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
8.18
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
    +25.4% Q1'26: -33.5% (vs Q1'25)
  • EPS growth Information Technology Services: +16.7%
    +111.1% Q1'26: -126.8% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
    -6.3% Q1'26: -32.3% (vs Q1'25)
  • EBIT margin Information Technology Services: +9.0%
    +8.3% Q1'26: -7.2% (vs Q1'25)
  • ROIC Information Technology Services: +9.5%
    +49.4% Q1'26: -23.4% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    0.54× Q1'26: -8.68× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.44) × ERP
WACC = 98% × Ke + 2% × Kd (17.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 18.94
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
62.45M
est: 62.00M (+0.7%)
59.29M
est: 77.41M (-23.4%)
75.52M
est: 62.00M (+21.8%)
84.36M
est: 77.41M (+9.0%)
101.26M
est: 111.11M (-8.9%)
118.41M
est: 133.34M (-11.2%)
148.86M
est: 149.00M (-0.1%)
162.17M
est: 162.80M (-0.4%)
203.29M
est: 199.75M (+1.8%)
210.85M
210.85M – 210.85M
+5.6% YoY
253.06M
253.06M – 253.06M
+20.0% YoY
306.09M
306.09M – 306.09M
+21.0% YoY
378.01M
378.01M – 378.01M
+23.5% YoY
EBITDA
-25.62M
est: -870.4K (-2,843.5%)
-41.69M
est: -1.09M (-3,735.8%)
-21.62M
est: -870.4K (-2,383.2%)
-15.26M
est: -1.09M (-1,304.2%)
-12.23M
est: -1.56M (-684.2%)
8.53M
est: -1.87M (+555.8%)
9.94M
est: -2.09M (+575.4%)
15.02M
est: 7.86M (+91.1%)
26.57M
est: 9.64M (+175.5%)
10.18M
10.18M – 10.18M
+5.6% YoY
12.22M
12.22M – 12.22M
+20.0% YoY
14.78M
14.78M – 14.78M
+21.0% YoY
18.25M
18.25M – 18.25M
+23.5% YoY
EBIT
-33.49M
est: -4.42M (-657.5%)
-48.24M
est: -5.52M (-774.0%)
-24.53M
est: -4.42M (-454.8%)
-18.45M
est: -5.52M (-234.2%)
-15.55M
est: -7.92M (-96.3%)
-227.0K
est: -9.51M (+97.6%)
-3.16M
est: -10.62M (+70.3%)
6.28M
est: -1.80M (+449.2%)
16.80M
est: -2.21M (+861.1%)
-2.33M
-2.33M – -2.33M
-5.6% YoY
-2.80M
-2.80M – -2.80M
-20.0% YoY
-3.38M
-3.38M – -3.38M
-21.0% YoY
-4.18M
-4.18M – -4.18M
-23.5% YoY
Net Income
-26.79M
est: -71.05M (+62.3%)
-47.96M
est: -48.75M (+1.6%)
-43.02M
est: -71.05M (+39.5%)
-19.99M
est: -48.75M (+59.0%)
-17.45M
est: -6.75M (-158.7%)
-1.99M
est: 26.91M (-107.4%)
-4.12M
est: -4.40M (+6.4%)
8.05M
est: 4.40M (+83.0%)
16.57M
est: 20.23M (-18.1%)
2.64M
2.64M – 2.64M
-87.0% YoY
7.04M
7.04M – 7.04M
+166.7% YoY
15.83M
15.83M – 15.83M
+125.0% YoY
28.15M
28.15M – 28.15M
+77.8% YoY
SGA
35.77M
est: 12.74M (+180.8%)
39.17M
est: 15.90M (+146.3%)
19.28M
est: 12.74M (+51.4%)
9.14M
est: 15.90M (-42.5%)
10.10M
est: 22.82M (-55.7%)
11.12M
est: 27.39M (-59.4%)
55.43M
est: 30.61M (+81.1%)
57.20M
est: 39.84M (+43.6%)
61.99M
est: 48.88M (+26.8%)
51.60M
51.60M – 51.60M
+5.6% YoY
61.93M
61.93M – 61.93M
+20.0% YoY
74.91M
74.91M – 74.91M
+21.0% YoY
92.51M
92.51M – 92.51M
+23.5% YoY
EPS
-1.62
est: -1.62 (-0.3%)
-2.65
est: -1.11 (-139.1%)
-1.70
est: -1.62 (-5.2%)
-0.59
est: -1.11 (+46.8%)
-0.47
est: -0.15 (-206.4%)
-0.05
est: 0.61 (-108.1%)
-0.09
est: -0.10 (+6.4%)
0.18
est: 0.10 (+80.0%)
0.38
est: 0.46 (-17.4%)
0.06
0.06 – 0.06
-87.0% YoY
0.16
0.16 – 0.16
+166.7% YoY
0.36
0.36 – 0.36
+125.0% YoY
0.64
0.64 – 0.64
+77.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-28 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-27 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-26 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-25 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-22 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-21 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-20 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-19 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-18 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-15 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-13 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-12 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-11 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-08 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-07 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-06 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-05 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-05-04 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-04-30 B- 3/5 3/5 3/5 3/5 3/5 1/5 2/5
2026-04-29 B 3/5 2/5 4/5 4/5 3/5 2/5 2/5
2026-04-28 B+ 3/5 3/5 4/5 4/5 3/5 2/5 2/5
2026-04-27 B 3/5 2/5 4/5 4/5 3/5 2/5 2/5
2026-04-24 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5
2026-04-23 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5
2026-04-22 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5
2026-04-21 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5
2026-04-20 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5
2026-04-17 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5
2026-04-16 B 3/5 2/5 4/5 4/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-6.75M
OE per share TTM
0.03
Owner's Yield
-0.76%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
14.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares International Small-Cap Equity Factor ETF ISCF 0.01% 77.9K 0.24%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
142.4K
Shares Outstanding
43.99M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Marie Bengtsson Chief Executive Officer & President 2M female
Annika Freij Chief Financial Officer female
Rickard Nilsson Vice President of Sales & Marketing and Chief Operating Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits