Market Closed -
Nasdaq Stockholm
11:29:44 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
167.5
SEK
|
+3.46%
|
|
+2.57%
|
+19.90%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
24,367
|
28,392
|
28,869
|
19,355
|
15,821
|
18,970
|
-
|
-
|
Enterprise Value (EV)
1 |
28,791
|
31,148
|
32,434
|
19,355
|
22,663
|
24,212
|
23,793
|
22,530
|
P/E ratio
|
27.4
x
|
28.5
x
|
25.6
x
|
19.9
x
|
14.4
x
|
13.9
x
|
11.5
x
|
10.2
x
|
Yield
|
-
|
1.99%
|
2.16%
|
-
|
3.94%
|
3.81%
|
4.25%
|
4.66%
|
Capitalization / Revenue
|
1.23
x
|
1.5
x
|
1.44
x
|
0.82
x
|
0.59
x
|
0.69
x
|
0.66
x
|
0.62
x
|
EV / Revenue
|
1.45
x
|
1.64
x
|
1.61
x
|
0.82
x
|
0.84
x
|
0.87
x
|
0.82
x
|
0.74
x
|
EV / EBITDA
|
14.2
x
|
13.8
x
|
13.7
x
|
7.96
x
|
8.34
x
|
7.97
x
|
7.2
x
|
6.34
x
|
EV / FCF
|
16
x
|
16.3
x
|
22.4
x
|
-
|
13.8
x
|
14.4
x
|
13.3
x
|
11.7
x
|
FCF Yield
|
6.24%
|
6.14%
|
4.46%
|
-
|
7.27%
|
6.93%
|
7.51%
|
8.54%
|
Price to Book
|
2.62
x
|
2.81
x
|
2.63
x
|
-
|
1.27
x
|
1.43
x
|
1.34
x
|
1.25
x
|
Nbr of stocks (in thousands)
|
111,471
|
113,024
|
113,212
|
113,252
|
113,252
|
113,252
|
-
|
-
|
Reference price
2 |
218.6
|
251.2
|
255.0
|
170.9
|
139.7
|
167.5
|
167.5
|
167.5
|
Announcement Date
|
2/7/20
|
2/5/21
|
2/4/22
|
2/10/23
|
2/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
19,792
|
18,991
|
20,104
|
23,552
|
26,978
|
27,679
|
28,938
|
30,412
|
EBITDA
1 |
2,024
|
2,253
|
2,359
|
2,430
|
2,718
|
3,037
|
3,305
|
3,554
|
EBIT
1 |
1,276
|
1,456
|
1,523
|
1,444
|
1,779
|
2,088
|
2,366
|
2,617
|
Operating Margin
|
6.45%
|
7.67%
|
7.58%
|
6.13%
|
6.59%
|
7.54%
|
8.18%
|
8.6%
|
Earnings before Tax (EBT)
1 |
1,039
|
1,270
|
1,393
|
1,220
|
1,441
|
1,764
|
2,102
|
2,371
|
Net income
1 |
821
|
992
|
1,129
|
974
|
1,100
|
1,368
|
1,645
|
1,857
|
Net margin
|
4.15%
|
5.22%
|
5.62%
|
4.14%
|
4.08%
|
4.94%
|
5.68%
|
6.11%
|
EPS
2 |
7.990
|
8.820
|
9.973
|
8.603
|
9.710
|
12.08
|
14.53
|
16.40
|
Free Cash Flow
1 |
1,796
|
1,911
|
1,446
|
-
|
1,647
|
1,677
|
1,788
|
1,925
|
FCF margin
|
9.07%
|
10.06%
|
7.19%
|
-
|
6.1%
|
6.06%
|
6.18%
|
6.33%
|
FCF Conversion (EBITDA)
|
88.74%
|
84.82%
|
61.3%
|
-
|
60.6%
|
55.22%
|
54.09%
|
54.15%
|
FCF Conversion (Net income)
|
218.76%
|
192.64%
|
128.08%
|
-
|
149.73%
|
122.62%
|
108.67%
|
103.64%
|
Dividend per Share
2 |
-
|
5.000
|
5.500
|
-
|
5.500
|
6.378
|
7.111
|
7.809
|
Announcement Date
|
2/7/20
|
2/5/21
|
2/4/22
|
2/10/23
|
2/2/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
5,509
|
5,670
|
5,975
|
5,298
|
6,609
|
6,916
|
6,869
|
6,059
|
7,135
|
6,891
|
6,527
|
5,682
|
6,782
|
7,427
|
7,528
|
EBITDA
1 |
640
|
526
|
602
|
549
|
753
|
881
|
594
|
509
|
732
|
757
|
652.9
|
525.4
|
746.9
|
899
|
769
|
EBIT
1 |
416
|
317
|
335
|
265
|
527
|
646
|
363
|
270
|
501
|
541
|
522.6
|
404.5
|
543.7
|
685
|
602
|
Operating Margin
|
7.55%
|
5.59%
|
5.61%
|
5%
|
7.97%
|
9.34%
|
5.28%
|
4.46%
|
7.02%
|
7.85%
|
8.01%
|
7.12%
|
8.02%
|
9.22%
|
8%
|
Earnings before Tax (EBT)
1 |
371
|
290
|
237
|
218
|
475
|
568
|
287
|
196
|
391
|
471
|
356.1
|
269.5
|
441.1
|
614
|
531
|
Net income
1 |
301
|
223
|
173
|
180
|
398
|
436
|
201
|
150
|
314
|
355
|
277.9
|
200.1
|
350.2
|
479
|
414
|
Net margin
|
5.46%
|
3.93%
|
2.9%
|
3.4%
|
6.02%
|
6.3%
|
2.93%
|
2.48%
|
4.4%
|
5.15%
|
4.26%
|
3.52%
|
5.16%
|
6.45%
|
5.5%
|
EPS
2 |
2.663
|
1.970
|
1.533
|
1.593
|
3.513
|
3.850
|
1.770
|
1.320
|
2.770
|
3.130
|
3.237
|
2.376
|
3.073
|
4.230
|
3.660
|
Dividend per Share
|
5.500
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/4/22
|
4/28/22
|
7/14/22
|
10/28/22
|
2/10/23
|
4/27/23
|
7/18/23
|
10/27/23
|
2/2/24
|
4/23/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,424
|
2,756
|
3,565
|
-
|
6,842
|
5,242
|
4,823
|
3,561
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.186
x
|
1.223
x
|
1.511
x
|
-
|
2.517
x
|
1.726
x
|
1.46
x
|
1.002
x
|
Free Cash Flow
1 |
1,796
|
1,911
|
1,446
|
-
|
1,647
|
1,677
|
1,788
|
1,925
|
ROE (net income / shareholders' equity)
|
10.6%
|
10.1%
|
10.8%
|
-
|
8.8%
|
10.9%
|
12.3%
|
13%
|
ROA (Net income/ Total Assets)
|
4.37%
|
4.13%
|
4.57%
|
-
|
3.92%
|
4.87%
|
5.7%
|
6.54%
|
Assets
1 |
18,791
|
23,993
|
24,715
|
-
|
28,084
|
28,064
|
28,883
|
28,412
|
Book Value Per Share
2 |
83.50
|
89.30
|
97.10
|
-
|
110.0
|
117.0
|
125.0
|
134.0
|
Cash Flow per Share
2 |
19.20
|
18.20
|
13.30
|
-
|
15.80
|
19.60
|
20.80
|
22.30
|
Capex
1 |
197
|
174
|
52
|
-
|
147
|
209
|
232
|
234
|
Capex / Sales
|
1%
|
0.92%
|
0.26%
|
-
|
0.54%
|
0.76%
|
0.8%
|
0.77%
|
Announcement Date
|
2/7/20
|
2/5/21
|
2/4/22
|
2/10/23
|
2/2/24
|
-
|
-
|
-
|
Last Close Price
167.5
SEK Average target price
200.8
SEK Spread / Average Target +19.88% Consensus |
1st Jan change
|
Capi.
|
---|
| +19.90% | 1.73B | | +10.55% | 67.6B | | +11.64% | 18.21B | | +21.03% | 13.41B | | +9.40% | 13.37B | | +16.53% | 9.94B | | -32.90% | 5.74B | | -10.98% | 5.57B | | -4.09% | 4.91B | | -4.83% | 4.87B |
Other Business Support Services
|