Thin Film Electronics (THIN)

Business description

Thin Film Electronics commercialises printed electronics and owns key patents for printing rewritable, non-volatile memory and printable NFC circuits. It also licenses technology from others to develop complete printed systems.

Stock data

Market cap.NOK2752.8m
Last closeNOK3.37
High / Low (52 weeks)NOK5.7 / NOK3.2
Stock market listingNO
Forecast net cash (US$m)5.9
Forecast gearing ratio (%)N/A
TeamTechnology
SectorTechnology

Price performance

%1m3m12m
Actual(10.1)(10.1)(31.1)
Relative *(14)(11.8)(40.1)

* % Relative to local index

Other companies in sector Show

1Spatial 7digital
Acal accesso Technology Group
ADVA Optical Networking Advanced Computer Software Group
Advanced Micro Devices AIXTRON
All for One Steeb AG Allocate Software
Allot Communications Alpha and Omega Semiconductor
Alphapoint Technology Inc Amazon
Amino Technologies ANADIGICS
Arria NLG Artec technologies
AsiaCell AT&S Austria Technologie & Systemtechnik
Beta Systems Software Blancco Technology Group
blinkx blur Group
Brady Bulletproof Group
Carclo Catapult Group International
CENIT Cerillion provides billing, charging and customer management software, primarily to telecommunicatio
CityFibre Infrastructure Holdings Cliq Digital
CML Microsystems CoAssets
Comptel Craneware
CREALOGIX Cypress Semiconductor
DATAGROUP DDD Group
Dillistone Group dotDigital
DSP Group e2v technologies
Eagle Eye Eckoh
Elmos Semiconductor EMIS
EMIS Group Emulex
Endace EnWave Corporation
eServGlobal Esker
Evolving Systems EVR Holdings PLC
Expert System Facebook
Featurespace FFastFill
FinLab AG Fintech Group
First Derivatives First Sensor
Focus Solutions Group Foresight Autonomous Holdings
Freelancer Fusionex International
Gamma Communications GB Group
GBST Holdings GeoOp
GFT Globo
GO internet Himax Technologies
Hrvatski Telekom ifa systems
ikeGPS Group Infinera
Inmarsat Innovation Group
InVision IQE
IS Solutions ISRA VISION
IXYS Jenoptik
K3 Business Technology Kainos
Kalibrate Technologies Keywords Studios
Learning Technologies Group LRAD Corporation
Magix Manpower Software
Manx Telecom Manz
Maxima Holdings Medicsight
Mensch und Maschine Mercia Technologies
Micro Focus International Micron Technology
Migme Mobile ecosystems
Monitise Montage Technology
Morse mVISE
My Net Fone Nano Dimension
Nanoco Group nearmap
Nemetschek Netcall
NetDimensions Netflix
Nexus Management O2Micro International
OMG OmniVision Technologies
Orion Health Group Outsourcery
Panorama Synergy Pantaleon Entertainment
Patsystems Paysafe
Pebble Beach Systems Group Pericom Semiconductor
Phitek Piteco
PLX Technology Pointer Telocation
Pricer Prodware
PSI Pure Wafer
QSC Real Estate Investar Group
REALTECH Redflex Holdings
Redstone Reed Elsevier
Reply SpA Results.com
Rex Bionics Rheinmetall
RM S&T
SCISYS Secunet
Seeing Machines Sepura
Serko Seven Principles
Siemens Sigma Designs
Silicom Silicon Image
SimiGon SinnerSchrader
SITO Mobile SLI Systems
Smartpay Holdings SNP Schneider-Neureither & Partner
Software AG Solera
Spansion Spirent Communications
SQS Software Quality Systems AG Stadium Group
StatPro Group Store Electronic Systems
Straker Translations SuperCom
Synchronica Taptica
Technology sector Texas Instruments
The Marketing Group Thoughtonomy
Tikit Group Toumaz
Track Group TXT e-solutions
TZ Limited Ubisense Group
UMT United Mobility Technology United Power Technology
VASCO Data Security Vectron Systems
Virtual Piggy Vista Group International
Vitec Vizrt
VMob Group WANdisco
Webinar Wincor Nixdorf
WorkPlace Systems International Xploite
Xplore Technologies Corp YuuZoo

Company news

Thinfilm secures state-of-the-art fabrication facility

Mon, 10 Oct 2016 00:03:58 GMT

Thinfilm first commercial shipment of temperature sensor smart labels

Wed, 03 May 2017 06:22:30 GMT

New smart hang-tag from Thinfilm and Bedford

Tue, 22 Nov 2016 00:02:57 GMT

Thin Film Electronics (TFECF) CEO Davor Sutija on Q4 2016 Results - Earnings ...

Fri, 24 Feb 2017 20:15:00 GMT

San Jose gets new, potentially revolutionary chip fab

Mon, 08 May 2017 14:01:02 GMT

Investment summary

Thinfilm (THIN) has had a very strong few months in terms of business development. EAS orders are back in volume (backlog: 16m units) and the launch of the CNECT platform has also created momentum in pilots and field trial orders for THIN’s NFC labels. Additionally, after many delays, Thinfilm has launched its first hybrid commercial sensor product, using low-cost R2R technology to print the displays in Sweden. With US R2R plans reported to be on track and on budget, we see good potential for positive newsflow-led impetus for the share price in coming quarters.

Last updated on 10/05/2017

Y/E Dec Revenue (US$m) EBITDA (US$m) PBT (US$m) EPS (c) P/E (x) P/CF (x)
2015A 4.4 (29.2) (28.3) (5.3) N/A N/A
2016A 3.8 (37.1) (43.0) (6.6) N/A N/A
2017E 10.8 (38.3) (42.5) (5.2) N/A N/A
2018E 48.3 (23.4) (29.9) (3.7) N/A N/A

Last updated on 10/05/2017

Latest video

Industry outlook

Thinfilm is the global leader in printed electronics, which is a low-cost and highly scalable method of creating smart labels for the Internet of Things. The company is currently focused on three areas: NFC labels, most notably NFC OpenSense, which is on pilot trial with a number of major brands; memory labels, which are in production; and sensor and display labels, where it has developed prototypes. The ability of printed electronics to add intelligence to low-cost, high-volume products opens a wide range of potential applications that could present an even greater market opportunity.

Last updated on 02/05/2017

Key management

Davor P. Sutija, CEO
Ole Ronny Thorsnes, CFO
Morten Opstad, Non-Executive Chairman
Christer Karlsson, CTO
Bill Cummings, VP, Marketing & Communications

Company address

Henrik Ibsens Gate 100
PO Box 2911 Solli
0230 Oslo
Norway
+47 23 27 51 59
View website