BEIJER ALMA AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 205 SEK | -1.44% |
|
+0.24% | +7.89% |
| Apr. 26 | Transcript : Beijer Alma AB, Q1 2024 Earnings Call, Apr 26, 2024 | |
| Apr. 26 | Beijer Alma AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,438 | 7,894 | 16,542 | 9,847 | 11,450 | 12,354 | - | - |
| Enterprise Value (EV) 1 | 10,159 | 8,467 | 17,866 | 9,847 | 13,435 | 13,793 | 13,619 | 12,943 |
| P/E ratio | 21.9 x | 19.9 x | 29.1 x | 10.3 x | 22.1 x | 19.3 x | 17 x | 14.2 x |
| Yield | 3.26% | 2.29% | 1.28% | - | 2.03% | 2.04% | 2.33% | 2.68% |
| Capitalization / Revenue | 2.04 x | 1.86 x | 3.07 x | 1.68 x | 1.66 x | 1.72 x | 1.65 x | 1.53 x |
| EV / Revenue | 2.2 x | 1.99 x | 3.32 x | 1.68 x | 1.95 x | 1.92 x | 1.81 x | 1.6 x |
| EV / EBITDA | 12.5 x | 10.7 x | 16.8 x | 8.95 x | 11.2 x | 10.3 x | 9.61 x | 8.42 x |
| EV / FCF | 98.8 x | 22.4 x | 33.1 x | - | 18.8 x | 18.7 x | 20.4 x | 17.5 x |
| FCF Yield | 1.01% | 4.45% | 3.02% | - | 5.33% | 5.34% | 4.89% | 5.72% |
| Price to Book | 3.91 x | 3.16 x | 5.79 x | - | 3 x | 2.86 x | 2.6 x | 2.29 x |
| Nbr of stocks (in thousands) | 60,267 | 60,262 | 60,262 | 60,262 | 60,262 | 60,262 | - | - |
| Reference price 2 | 156.6 | 131.0 | 274.5 | 163.4 | 190.0 | 205.0 | 205.0 | 205.0 |
| Announcement Date | 2/14/20 | 2/15/21 | 2/16/22 | 2/15/23 | 2/15/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,622 | 4,250 | 5,388 | 5,866 | 6,882 | 7,174 | 7,505 | 8,087 |
| EBITDA 1 | 813.3 | 787.7 | 1,067 | 1,100 | 1,203 | 1,343 | 1,418 | 1,537 |
| EBIT 1 | 582.6 | 544.8 | 820.1 | 797.9 | 798 | 979.6 | 1,058 | 1,189 |
| Operating Margin | 12.61% | 12.82% | 15.22% | 13.6% | 11.6% | 13.66% | 14.1% | 14.71% |
| Earnings before Tax (EBT) 1 | 557.4 | 515.2 | 743.2 | 703.8 | 718 | 811 | 944.8 | 1,124 |
| Net income 1 | 430.8 | 396.6 | 568.2 | 959.4 | 519 | 639.3 | 726.8 | 869 |
| Net margin | 9.32% | 9.33% | 10.54% | 16.36% | 7.54% | 8.91% | 9.68% | 10.75% |
| EPS 2 | 7.150 | 6.590 | 9.430 | 15.92 | 8.610 | 10.61 | 12.06 | 14.42 |
| Free Cash Flow 1 | 102.8 | 377.2 | 540.1 | - | 716 | 737 | 666 | 740.5 |
| FCF margin | 2.22% | 8.88% | 10.02% | - | 10.4% | 10.27% | 8.87% | 9.16% |
| FCF Conversion (EBITDA) | 12.64% | 47.89% | 50.64% | - | 59.52% | 54.9% | 46.98% | 48.16% |
| FCF Conversion (Net income) | 23.86% | 95.11% | 95.05% | - | 137.96% | 115.28% | 91.64% | 85.21% |
| Dividend per Share 2 | 5.100 | 3.000 | 3.500 | - | 3.850 | 4.173 | 4.780 | 5.500 |
| Announcement Date | 2/14/20 | 2/15/21 | 2/16/22 | 2/15/23 | 2/15/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,435 | 1,704 | 1,461 | 1,483 | 1,462 | 1,693 | 1,819 | 1,676 | 1,694 | 1,812 | 1,903 | 1,714 | 1,744 |
| EBITDA 1 | - | 340.7 | 254.6 | 280.5 | 245.2 | 321 | - | - | 266 | 330 | 351.5 | 329 | 322 |
| EBIT 1 | - | 246.2 | 190.4 | 200.2 | 170 | 243 | 218 | 225 | 177 | 242 | 260 | 242.5 | 234.5 |
| Operating Margin | - | 14.44% | 13.03% | 13.5% | 11.63% | 14.35% | 11.98% | 13.42% | 10.45% | 13.36% | 13.66% | 14.14% | 13.45% |
| Earnings before Tax (EBT) 1 | 182.9 | 237.9 | 189.2 | 186.5 | 122.4 | 192 | 168 | 211 | 177 | 200 | 215 | 210 | 191 |
| Net income 1 | 127 | 179.2 | 175.1 | 163 | - | - | - | 157 | 115 | 147 | 176 | 172 | 157 |
| Net margin | 8.85% | 10.51% | 11.99% | 10.99% | - | - | - | 9.37% | 6.79% | 8.11% | 9.25% | 10.03% | 9% |
| EPS 2 | 2.110 | 2.970 | 2.910 | 2.710 | 7.290 | 2.410 | 2.050 | 2.610 | 1.910 | 2.450 | 2.900 | 2.900 | 2.600 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/16/22 | 4/26/22 | 8/19/22 | 10/27/22 | 2/15/23 | 4/27/23 | 7/21/23 | 10/26/23 | 2/15/24 | 4/26/24 | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 721 | 573 | 1,324 | - | 1,985 | 1,440 | 1,266 | 590 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.8864 x | 0.7274 x | 1.241 x | - | 1.65 x | 1.072 x | 0.8927 x | 0.3834 x |
| Free Cash Flow 1 | 103 | 377 | 540 | - | 716 | 737 | 666 | 741 |
| ROE (net income / shareholders' equity) | 18.9% | 16.5% | 21.7% | - | 14% | 16.5% | 16.5% | 17.5% |
| ROA (Net income/ Total Assets) | 10.4% | 8.59% | 10.3% | - | 6.28% | 7.42% | 7.97% | 8.15% |
| Assets 1 | 4,142 | 4,620 | 5,514 | - | 8,264 | 8,613 | 9,119 | 10,669 |
| Book Value Per Share 2 | 40.00 | 41.50 | 47.40 | - | 63.30 | 71.60 | 78.70 | 89.60 |
| Cash Flow per Share 2 | 9.770 | - | - | - | 15.90 | 14.50 | 16.40 | 18.00 |
| Capex 1 | 486 | 115 | 189 | - | 244 | 246 | 265 | 295 |
| Capex / Sales | 10.51% | 2.71% | 3.51% | - | 3.55% | 3.42% | 3.53% | 3.65% |
| Announcement Date | 2/14/20 | 2/15/21 | 2/16/22 | 2/15/23 | 2/15/24 | - | - | - |
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
205
SEK
Average target price
237
SEK
Spread / Average Target
+15.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.89% | 1.14B | |
| +17.30% | 8.78B | |
| +20.49% | 6.45B | |
| +14.10% | 5.03B | |
| +6.14% | 4.75B | |
| +20.57% | 4.23B | |
| -14.49% | 3.27B | |
| -22.55% | 2.77B | |
| -2.34% | 2.51B | |
| -4.69% | 2.46B |
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- Financials Beijer Alma AB
