Market Closed -
Nasdaq Stockholm
11:29:50 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
238.8
SEK
|
+4.74%
|
|
+1.62%
|
+2.27%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
15,040
|
36,104
|
51,681
|
35,020
|
36,715
|
37,548
|
-
|
-
|
Enterprise Value (EV)
1 |
15,040
|
36,104
|
51,681
|
84,413
|
89,813
|
89,898
|
95,678
|
37,548
|
P/E ratio
|
33.3
x
|
26.9
x
|
25.6
x
|
21
x
|
18.5
x
|
18
x
|
18.3
x
|
17
x
|
Yield
|
2.35%
|
0.36%
|
2.77%
|
3.35%
|
4.93%
|
4.25%
|
4.14%
|
4.43%
|
Capitalization / Revenue
|
12.6
x
|
15.4
x
|
15.7
x
|
11.8
x
|
10.7
x
|
10.3
x
|
10.1
x
|
9.39
x
|
EV / Revenue
|
12.6
x
|
15.4
x
|
15.7
x
|
28.4
x
|
26.1
x
|
24.6
x
|
25.6
x
|
9.39
x
|
EV / EBITDA
|
-
|
-
|
20.6
x
|
41.7
x
|
-
|
36.9
x
|
38.5
x
|
14.2
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
7.73
x
|
11.4
x
|
11
x
|
7.07
x
|
6.3
x
|
6.14
x
|
5.68
x
|
5.26
x
|
Nbr of stocks (in thousands)
|
153,786
|
154,954
|
155,572
|
156,619
|
157,237
|
157,237
|
-
|
-
|
Reference price
2 |
97.80
|
233.0
|
332.2
|
223.6
|
233.5
|
238.8
|
238.8
|
238.8
|
Announcement Date
|
1/21/20
|
1/21/21
|
1/20/22
|
1/20/23
|
1/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,193
|
2,349
|
3,301
|
2,973
|
3,437
|
3,651
|
3,733
|
4,000
|
EBITDA
1 |
-
|
-
|
2,507
|
2,022
|
-
|
2,434
|
2,483
|
2,644
|
EBIT
1 |
528
|
1,586
|
2,437
|
1,941
|
2,289
|
2,387
|
2,389
|
2,579
|
Operating Margin
|
44.26%
|
67.52%
|
73.83%
|
65.29%
|
66.6%
|
65.38%
|
63.99%
|
64.48%
|
Earnings before Tax (EBT)
1 |
520
|
1,576
|
2,437
|
1,940
|
2,292
|
2,429
|
2,412
|
2,631
|
Net income
1 |
447
|
1,335
|
2,047
|
1,666
|
1,982
|
2,082
|
2,048
|
2,221
|
Net margin
|
37.47%
|
56.83%
|
62.01%
|
56.04%
|
57.67%
|
57.03%
|
54.86%
|
55.54%
|
EPS
2 |
2.940
|
8.660
|
13.00
|
10.67
|
12.64
|
13.24
|
13.03
|
14.04
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
2.300
|
0.8500
|
9.200
|
7.500
|
11.50
|
10.15
|
9.893
|
10.59
|
Announcement Date
|
1/21/20
|
1/21/21
|
1/20/22
|
1/20/23
|
1/19/24
|
-
|
-
|
-
|
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 |
824
|
768
|
618
|
740
|
847
|
868
|
833
|
854
|
882
|
951
|
923.2
|
910.8
|
907.5
|
941.3
|
936.6
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
597.8
|
627.4
|
595.7
|
-
|
-
|
EBIT
1 |
571
|
519
|
346
|
503
|
574
|
579
|
546
|
588
|
576
|
647
|
602.2
|
619.9
|
578.7
|
616
|
590
|
Operating Margin
|
69.3%
|
67.58%
|
55.99%
|
67.97%
|
67.77%
|
66.71%
|
65.55%
|
68.85%
|
65.31%
|
68.03%
|
65.24%
|
68.06%
|
63.76%
|
65.44%
|
63%
|
Earnings before Tax (EBT)
1 |
571
|
521
|
345
|
502
|
573
|
579
|
546
|
588
|
580
|
647
|
568
|
579
|
526
|
-
|
-
|
Net income
1 |
483
|
443
|
296
|
433
|
494
|
501
|
472
|
510
|
499
|
555
|
518.8
|
533.9
|
498.2
|
530
|
507
|
Net margin
|
58.62%
|
57.68%
|
47.9%
|
58.51%
|
58.32%
|
57.72%
|
56.66%
|
59.72%
|
56.58%
|
58.36%
|
56.2%
|
58.62%
|
54.89%
|
56.31%
|
54.13%
|
EPS
2 |
3.060
|
2.810
|
1.880
|
2.780
|
3.150
|
3.180
|
3.010
|
3.250
|
3.180
|
3.530
|
3.461
|
3.542
|
3.226
|
3.289
|
3.184
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
7.500
|
-
|
-
|
-
|
11.50
|
-
|
-
|
-
|
11.71
|
-
|
-
|
Announcement Date
|
1/20/22
|
4/25/22
|
7/14/22
|
10/18/22
|
1/20/23
|
4/24/23
|
7/14/23
|
10/20/23
|
1/19/24
|
4/19/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
49,393
|
53,098
|
52,349
|
58,130
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
24.43
x
|
-
|
21.51
x
|
23.41
x
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
27%
|
57%
|
50%
|
36%
|
38%
|
34.9%
|
32.5%
|
32.6%
|
ROA (Net income/ Total Assets)
|
0.3%
|
0.8%
|
0.84%
|
0.64%
|
0.76%
|
0.73%
|
0.63%
|
0.66%
|
Assets
1 |
149,000
|
166,875
|
242,939
|
260,069
|
261,788
|
286,246
|
325,583
|
339,125
|
Book Value Per Share
2 |
12.70
|
20.50
|
30.20
|
31.60
|
37.10
|
38.90
|
42.00
|
45.40
|
Cash Flow per Share
2 |
-
|
-
|
-
|
-
|
-
|
15.90
|
13.70
|
14.90
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/21/20
|
1/21/21
|
1/20/22
|
1/20/23
|
1/19/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
238.8
SEK Average target price
218.2
SEK Spread / Average Target -8.63% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.27% | 3.42B | | -9.33% | 34.78B | | -9.61% | 12.87B | | +7.20% | 9.41B | | +5.66% | 8.76B | | -11.37% | 3.5B | | +1.58% | 2.83B | | -1.05% | 2.87B | | -7.64% | 2.25B | | +9.05% | 964M |
Investment Banking
|