Financials Bonava AB

Equities

BONAV B

SE0008091581

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm 11:29:52 2024-04-26 am EDT 5-day change 1st Jan Change
10.07 SEK +5.22% Intraday chart for Bonava AB -4.64% -23.31%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,738 8,439 8,383 3,169 1,409 3,233 - -
Enterprise Value (EV) 1 17,632 11,750 11,696 10,175 6,360 7,911 11,716 19,429
P/E ratio 17.4 x 11.5 x 10.4 x 6.25 x -1.23 x -131 x 18.6 x -21.9 x
Yield - 6.67% 4.47% - - - - -
Capitalization / Revenue 0.69 x 0.5 x 0.54 x 0.2 x 0.11 x 0.42 x 0.44 x 0.41 x
EV / Revenue 1.14 x 0.69 x 0.75 x 0.65 x 0.48 x 1.04 x 1.61 x 2.44 x
EV / EBITDA 12.3 x 8.71 x 9.12 x 9.04 x 8.03 x 20.9 x 23.8 x 24.2 x
EV / FCF -128 x 3.21 x 18.5 x -3.04 x -12.2 x -8.99 x 6.68 x -4.53 x
FCF Yield -0.78% 31.2% 5.4% -32.9% -8.21% -11.1% 15% -22.1%
Price to Book 1.42 x 1.07 x 1.01 x 0.4 x 0.21 x 0.42 x 0.24 x 0.39 x
Nbr of stocks (in thousands) 107,621 107,190 107,190 107,190 107,190 321,571 - -
Reference price 2 99.50 78.70 78.25 29.42 13.13 10.07 10.07 10.07
Announcement Date 1/23/20 1/29/21 2/3/22 2/2/23 2/1/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,474 16,997 15,491 15,706 13,269 7,626 7,274 7,961
EBITDA 1 1,432 1,349 1,283 1,126 792 379.2 491.9 804.1
EBIT 1 1,202 1,121 1,236 950 660 339.8 429.6 537.5
Operating Margin 7.77% 6.6% 7.98% 6.05% 4.97% 4.46% 5.91% 6.75%
Earnings before Tax (EBT) 1 834 999 1,020 695 -1,137 60.33 -189 -155
Net income 1 615 733 808 505 -1,337 -24.76 -0.8251 -147
Net margin 3.97% 4.31% 5.22% 3.22% -10.08% -0.32% -0.01% -1.85%
EPS 2 5.710 6.820 7.540 4.711 -10.66 -0.0770 0.5402 -0.4600
Free Cash Flow 1 -138 3,662 631 -3,346 -522 -880 1,754 -4,287
FCF margin -0.89% 21.54% 4.07% -21.3% -3.93% -11.54% 24.11% -53.85%
FCF Conversion (EBITDA) - 271.46% 49.18% - - - 356.55% -
FCF Conversion (Net income) - 499.59% 78.09% - - - - -
Dividend per Share 2 - 5.250 3.500 - - - - -
Announcement Date 1/23/20 1/29/21 2/3/22 2/2/23 2/1/24 - - -
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 2025 Q1 2025 Q2
Net sales 1 6,649 2,863 3,755 3,208 6,161 2,446 - 2,765 4,989 1,280 2,153 1,341 3,049 1,443 1,138
EBITDA - - - - - - - - - - - - - - -
EBIT 1 660 141 338 150 394 39 - 30 464 -22 99 12 219 52 -29
Operating Margin 9.93% 4.92% 9% 4.68% 6.4% 1.59% - 1.08% 9.3% -1.72% 4.6% 0.89% 7.18% 3.6% -2.55%
Earnings before Tax (EBT) 1 663 106 303 107 261 -56 47 -1,358 294 -133 44 -31 181 17 -69
Net income 1 541 77 215 90 211 -41 - -1,377 341 -135 30 -38 119 2 -53
Net margin 8.14% 2.69% 5.73% 2.81% 3.42% -1.68% - -49.8% 6.84% -10.55% 1.39% -2.83% 3.9% 0.14% -4.66%
EPS 2 5.040 0.7200 2.010 0.8396 1.141 -0.3825 -7.621 -12.85 2.700 -0.8700 0.0900 -0.1100 0.4350 - -0.1700
Dividend per Share 3.500 - - - - - - - - - - - - - -
Announcement Date 2/3/22 4/29/22 7/21/22 10/27/22 2/2/23 4/27/23 7/20/23 11/15/23 2/1/24 4/24/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,894 3,311 3,313 7,006 4,951 4,678 8,483 16,196
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.814 x 2.454 x 2.582 x 6.222 x 6.251 x 12.34 x 17.24 x 20.14 x
Free Cash Flow 1 -138 3,662 631 -3,346 -522 -880 1,754 -4,287
ROE (net income / shareholders' equity) 8.26% 9.48% 9.95% 6.2% -18.3% -0.3% -2.4% -2%
ROA (Net income/ Total Assets) 2.76% 3.16% 3.47% 2.05% -5.99% 0.03% 0.86% 0.73%
Assets 1 22,280 23,196 23,293 24,646 22,338 -79,882 -95.72 -20,262
Book Value Per Share 2 70.00 73.90 77.60 74.50 61.60 23.80 42.20 25.50
Cash Flow per Share - - - - - - - -
Capex 1 517 128 88 104 185 300 189 190
Capex / Sales 3.34% 0.75% 0.57% 0.66% 1.39% 3.93% 2.59% 2.39%
Announcement Date 1/23/20 1/29/21 2/3/22 2/2/23 2/1/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
10.07 SEK
Average target price
17.25 SEK
Spread / Average Target
+71.30%
Consensus