Financials Christian Berner Tech Trade AB

Equities

CBTT B

SE0006143129

Industrial Machinery & Equipment

Market Closed - Nasdaq Stockholm 11:24:19 2024-04-26 am EDT 5-day change 1st Jan Change
32.3 SEK +0.62% Intraday chart for Christian Berner Tech Trade AB -1.22% +5.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 534.4 482.1 630.3 388.3 574 605.9 - -
Enterprise Value (EV) 1 584.7 533.1 630.3 576.5 744.9 725.9 694.9 661.9
P/E ratio 14.1 x 15.5 x 27.8 x 15.9 x 12.6 x 11.9 x 10.4 x 9.64 x
Yield 2.62% 2.91% 2.23% 2.9% 2.94% 3.37% 3.87% 4.15%
Capitalization / Revenue 0.76 x 0.69 x 0.85 x 0.46 x 0.61 x 0.62 x 0.6 x 0.58 x
EV / Revenue 0.83 x 0.76 x 0.85 x 0.68 x 0.79 x 0.75 x 0.69 x 0.63 x
EV / EBITDA 8 x 8.23 x 9.43 x 8.38 x 7.28 x 6.66 x 5.94 x 5.38 x
EV / FCF 12.6 x 23 x -83.6 x 28.9 x 9.43 x 7.12 x 8.41 x 7.58 x
FCF Yield 7.93% 4.34% -1.2% 3.46% 10.6% 14.1% 11.9% 13.2%
Price to Book - 2.74 x - 1.93 x 2.48 x 2.29 x 2 x 1.77 x
Nbr of stocks (in thousands) 18,687 18,687 18,759 18,759 18,759 18,759 - -
Reference price 2 28.60 25.80 33.60 20.70 30.60 32.30 32.30 32.30
Announcement Date 2/17/20 2/24/21 2/25/22 2/23/23 2/9/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 704.8 697.2 743.2 842 942.8 971 1,012 1,052
EBITDA 1 73.06 64.75 66.82 68.84 102.3 109 117 123
EBIT 1 52.74 40.7 37.55 39.57 68.15 74.2 81.9 86.9
Operating Margin 7.48% 5.84% 5.05% 4.7% 7.23% 7.64% 8.09% 8.26%
Earnings before Tax (EBT) 1 48.81 39.84 - 31.79 - 64.9 74.9 80.6
Net income 1 37.89 31.12 - 24.34 45.39 51 58.4 62.8
Net margin 5.38% 4.46% - 2.89% 4.81% 5.25% 5.77% 5.97%
EPS 2 2.030 1.660 1.210 1.300 2.420 2.710 3.120 3.350
Free Cash Flow 1 46.34 23.14 -7.542 19.93 79 102 82.6 87.3
FCF margin 6.58% 3.32% -1.01% 2.37% 8.38% 10.5% 8.16% 8.3%
FCF Conversion (EBITDA) 63.43% 35.74% - 28.95% 77.23% 93.58% 70.6% 70.98%
FCF Conversion (Net income) 122.29% 74.36% - 81.88% 174.03% 200% 141.44% 139.01%
Dividend per Share 2 0.7500 0.7500 0.7500 0.6000 0.9000 1.090 1.250 1.340
Announcement Date 2/17/20 2/24/21 2/25/22 2/23/23 2/9/24 - - -
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 Q2 2024 Q3 2024 Q4
Net sales 1 - 181.3 213.8 199.2 247.7 238.3 245.9 223.7 234.9 279 251 220
EBITDA 1 10.29 13.38 18.49 24.36 12.6 22.75 25.47 29.99 24.08 27.7 32.9 25.8
EBIT 1 - 5.934 11.36 17.09 5.186 14.08 17.3 21.5 15.26 19 24.1 17
Operating Margin - 3.27% 5.31% 8.58% 2.09% 5.91% 7.03% 9.61% 6.5% 6.81% 9.6% 7.73%
Earnings before Tax (EBT) 1 - 4.677 8.777 15.36 2.977 11.34 14.42 18.52 13.66 17.1 22 14.9
Net income 1 - 3.217 7.188 12.04 1.898 8.872 11.28 14.38 10.86 13.3 17.1 11.6
Net margin - 1.77% 3.36% 6.04% 0.77% 3.72% 4.59% 6.43% 4.63% 4.77% 6.81% 5.27%
EPS 2 -0.2700 - 0.3800 0.6400 0.1000 0.4700 0.6000 0.7700 0.5800 0.7090 0.9140 0.6210
Dividend per Share - - - - - - - - - - - -
Announcement Date 2/25/22 4/28/22 8/18/22 10/27/22 2/23/23 4/27/23 7/21/23 10/27/23 2/9/24 - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 50.2 50.9 - 188 171 120 89 56
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.6874 x 0.7867 x - 2.734 x 1.67 x 1.101 x 0.7607 x 0.4553 x
Free Cash Flow 1 46.3 23.1 -7.54 19.9 79 102 82.6 87.3
ROE (net income / shareholders' equity) 26.8% 18.9% - 16.4% 26.8% 21.6% 21.2% 20%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 9.400 - 10.70 12.30 14.10 16.20 18.30
Cash Flow per Share - - - - - - - -
Capex 1 7.35 4.85 7.32 5.12 2.53 5 6 6
Capex / Sales 1.04% 0.7% 0.98% 0.61% 0.27% 0.51% 0.59% 0.57%
Announcement Date 2/17/20 2/24/21 2/25/22 2/23/23 2/9/24 - - -
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
D+
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