Financials Absolent Air Care Group AB

Equities

ABSO

SE0006256558

Environmental Services & Equipment

Market Closed - Nasdaq Stockholm 11:29:30 2024-05-02 am EDT 5-day change 1st Jan Change
342 SEK +1.18% Intraday chart for Absolent Air Care Group AB +7.55% -14.50%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 5,174 4,619 4,528 3,826 - -
Enterprise Value (EV) 1 5,174 4,912 4,825 3,992 3,860 3,714
P/E ratio 1,235 x 30.4 x 32.3 x 27.3 x 19.8 x 17.6 x
Yield - 0.67% 0.75% 0.73% 1.01% 1.14%
Capitalization / Revenue - 3.45 x 3.22 x 2.75 x 2.52 x 2.33 x
EV / Revenue - 3.67 x 3.43 x 2.87 x 2.54 x 2.27 x
EV / EBITDA - 18.9 x 18.5 x 15.1 x 12.8 x 11.2 x
EV / FCF - 29.1 x 42.2 x 22.1 x 21.2 x 17.9 x
FCF Yield - 3.44% 2.37% 4.53% 4.71% 5.57%
Price to Book - 6.65 x 5.62 x 4.17 x 3.53 x 3.03 x
Nbr of stocks (in thousands) 11,321 11,321 11,321 11,321 - -
Reference price 2 457.0 408.0 400.0 338.0 338.0 338.0
Announcement Date 2/24/22 2/22/23 2/20/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 1,339 1,408 1,392 1,521 1,640
EBITDA 1 - 260.6 261.3 265 302 332.3
EBIT 1 - 220 214.6 216.5 258.7 287.3
Operating Margin - 16.43% 15.24% 15.56% 17.01% 17.52%
Earnings before Tax (EBT) 1 - 196.9 180.2 185 251 282
Net income 1 4.145 151.8 140.2 140.3 193.1 217.4
Net margin - 11.33% 9.96% 10.08% 12.69% 13.26%
EPS 2 0.3700 13.40 12.39 12.39 17.05 19.20
Free Cash Flow 1 - 169 114.2 181 182 207
FCF margin - 12.62% 8.11% 13.01% 11.96% 12.62%
FCF Conversion (EBITDA) - 64.84% 43.71% 68.29% 60.26% 62.3%
FCF Conversion (Net income) - 111.34% 81.46% 129.05% 94.27% 95.22%
Dividend per Share 2 - 2.750 3.000 2.478 3.411 3.840
Announcement Date 2/24/22 2/22/23 2/20/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 350.7 326.4 340.1 358.8 353 354.7 341.9 342 345 349 355
EBITDA 1 73.37 67.25 57.8 68.17 71.34 73.75 48.07 61 64 71 69
EBIT 1 63.38 57.33 47.35 57.83 60.72 61.59 34.5 49 52 59 57
Operating Margin 18.07% 17.56% 13.92% 16.12% 17.2% 17.37% 10.09% 14.33% 15.07% 16.91% 16.06%
Earnings before Tax (EBT) 1 56.01 52.5 39.9 50.68 59.42 51.88 18.24 39 43 52 51
Net income 1 42.49 43.15 27.48 38.8 - - 16.36 29 32 40 39
Net margin 12.12% 13.22% 8.08% 10.81% - - 4.78% 8.48% 9.28% 11.46% 10.99%
EPS 3.750 - 2.430 3.430 4.030 3.480 1.440 - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 8/17/22 11/11/22 2/22/23 5/16/23 8/17/23 10/30/23 2/20/24 - - - -
1SEK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - 293 297 166 34 -
Net Cash position 1 - - - - - 112
Leverage (Debt/EBITDA) - 1.125 x 1.136 x 0.6263 x 0.1126 x -
Free Cash Flow 1 - 169 114 181 182 207
ROE (net income / shareholders' equity) - 24.8% 18.7% 16.3% 19.3% 18.5%
ROA (Net income/ Total Assets) - 9.72% 8.4% 8.09% 10.3% 10.5%
Assets 1 - 1,562 1,669 1,733 1,881 2,074
Book Value Per Share 2 - 61.30 71.20 81.10 95.70 111.0
Cash Flow per Share - - - - - -
Capex 1 - 27.2 21.6 17.9 36.4 39.8
Capex / Sales - 2.03% 1.53% 1.29% 2.39% 2.43%
Announcement Date 2/24/22 2/22/23 2/20/24 - - -
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
338
Average target price
-
Consensus
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