Financials Brødrene A & O Johansen A/S

Equities

AOJ P

DK0061686714

Construction Supplies & Fixtures

Market Closed - Nasdaq Copenhagen 10:59:42 2024-04-26 am EDT 5-day change 1st Jan Change
69.7 DKK +0.58% Intraday chart for Brødrene A & O Johansen A/S -4.26% -0.85%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 650.9 770.5 1,337 2,948 2,259 1,514
Enterprise Value (EV) 1 1,281 1,264 1,552 3,142 2,801 2,036
P/E ratio 6.74 x 7.25 x 9.5 x 14.6 x 7.7 x 9.27 x
Yield 2.04% 1.72% 2.48% 3.31% 6.32% 5.33%
Capitalization / Revenue 0.19 x 0.22 x 0.33 x 0.61 x 0.42 x 0.29 x
EV / Revenue 0.38 x 0.35 x 0.38 x 0.65 x 0.52 x 0.39 x
EV / EBITDA 6.06 x 5.44 x 5.53 x 8.49 x 6.29 x 5.73 x
EV / FCF 6.7 x 5.61 x 6.1 x 34.9 x -21 x 11.3 x
FCF Yield 14.9% 17.8% 16.4% 2.87% -4.75% 8.82%
Price to Book 0.86 x 0.89 x 1.3 x 2.98 x 1.27 x 1.29 x
Nbr of stocks (in thousands) 22,140 22,140 22,140 21,674 27,176 21,536
Reference price 2 29.40 34.80 60.40 136.0 83.11 70.30
Announcement Date 2/22/19 2/21/20 3/3/21 2/22/22 2/22/23 2/21/24
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,373 3,583 4,098 4,801 5,375 5,261
EBITDA 1 211.2 232.6 280.6 370 445.1 355
EBIT 1 154.8 175.9 223.8 316.7 383.6 292.2
Operating Margin 4.59% 4.91% 5.46% 6.6% 7.14% 5.55%
Earnings before Tax (EBT) 1 150.3 168.4 220.8 326.1 377.4 261.8
Net income 1 118.5 131 172.9 253.8 294.5 206.1
Net margin 3.51% 3.66% 4.22% 5.29% 5.48% 3.92%
EPS 2 4.361 4.800 6.361 9.300 10.80 7.584
Free Cash Flow 1 191.2 225.3 254.3 90.05 -133.1 179.5
FCF margin 5.67% 6.29% 6.21% 1.88% -2.48% 3.41%
FCF Conversion (EBITDA) 90.53% 96.86% 90.64% 24.34% - 50.56%
FCF Conversion (Net income) 161.35% 171.98% 147.12% 35.48% - 87.11%
Dividend per Share 2 0.6000 0.6000 1.500 4.500 5.250 3.750
Announcement Date 2/22/19 2/21/20 3/3/21 2/22/22 2/22/23 2/21/24
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 630 494 215 195 543 522
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.982 x 2.124 x 0.767 x 0.5264 x 1.219 x 1.47 x
Free Cash Flow 1 191 225 254 90 -133 180
ROE (net income / shareholders' equity) 16.8% 16.1% 18.2% 22.4% 22.2% 14.3%
ROA (Net income/ Total Assets) 4.49% 4.94% 5.96% 7.78% 7.96% 5.57%
Assets 1 2,641 2,652 2,898 3,264 3,702 3,702
Book Value Per Share 2 34.20 39.30 46.50 45.60 65.40 54.30
Cash Flow per Share 2 0.7500 3.630 6.020 5.040 1.620 3.290
Capex 1 60.9 26.1 37.3 170 165 94.8
Capex / Sales 1.8% 0.73% 0.91% 3.55% 3.06% 1.8%
Announcement Date 2/22/19 2/21/20 3/3/21 2/22/22 2/22/23 2/21/24
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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