INVESTOR AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 269.8 SEK | +1.85% |
|
+3.61% | +16.54% |
| Apr. 19 | INVESTOR : Investor's remarkable start to the year |  |
| Apr. 18 | Global markets live: DocMorris, Microsoft, Oracle, Micron, Netflix... |  |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 389,734 | 458,189 | 711,166 | 584,130 | 712,637 | 828,762 | - | - |
| Enterprise Value (EV) 1 | 441,416 | 478,001 | 725,657 | 594,393 | 726,575 | 836,462 | 836,462 | 836,462 |
| P/E ratio | 3.83 x | 8.67 x | 3.21 x | - | - | - | - | - |
| Yield | 2.76% | 2.34% | 1.68% | 2.27% | 2.07% | 1.91% | 2.06% | 2.2% |
| Capitalization / Revenue | 9.23 x | 11.7 x | 17.5 x | 11.3 x | 9.92 x | 10.8 x | 11 x | 11.3 x |
| EV / Revenue | 10.5 x | 12.2 x | 17.8 x | 11.5 x | 10.1 x | 10.9 x | 11.2 x | 11.4 x |
| EV / EBITDA | 52.8 x | 53.8 x | 80.7 x | 55 x | 41.3 x | 43.8 x | 41 x | - |
| EV / FCF | 35,455,091 x | 58,406,772 x | 69,394,389 x | - | - | - | - | - |
| FCF Yield | 0% | 0% | 0% | - | - | - | - | - |
| Price to Book | - | - | 1.07 x | 0.98 x | - | - | - | - |
| Nbr of stocks (in thousands) | 3,061,024 | 3,062,209 | 3,063,178 | 3,062,872 | 3,062,660 | 3,063,350 | - | - |
| Reference price 2 | 126.6 | 149.4 | 238.6 | 193.8 | 231.5 | 269.8 | 269.8 | 269.8 |
| Announcement Date | 1/22/20 | 1/21/21 | 1/21/22 | 1/20/23 | 1/19/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 42,239 | 39,323 | 40,737 | 51,812 | 71,862 | 76,740 | 75,011 | 73,065 |
| EBITDA 1 | 8,358 | 8,879 | 8,997 | 10,802 | 17,577 | 19,109 | 20,401 | - |
| EBIT 1 | 3,409 | 4,469 | 3,972 | 5,110 | 132,744 | 56,096 | 54,148 | 51,895 |
| Operating Margin | 8.07% | 11.36% | 9.75% | 9.86% | 184.72% | 73.1% | 72.19% | 71.03% |
| Earnings before Tax (EBT) | 102,650 | - | - | - | - | - | - | - |
| Net income 1 | 101,226 | 52,790 | 228,065 | -74,681 | 127,045 | 50,064 | 48,145 | 45,926 |
| Net margin | 239.65% | 134.25% | 559.85% | -144.14% | 176.79% | 65.24% | 64.18% | 62.86% |
| EPS | 33.05 | 17.23 | 74.41 | - | - | - | - | - |
| Free Cash Flow | 12,450 | 8,184 | 10,457 | - | - | - | - | - |
| FCF margin | 29.48% | 20.81% | 25.67% | - | - | - | - | - |
| FCF Conversion (EBITDA) | 148.96% | 92.17% | 116.23% | - | - | - | - | - |
| FCF Conversion (Net income) | 12.3% | 15.5% | 4.59% | - | - | - | - | - |
| Dividend per Share 2 | 3.500 | 3.500 | 4.000 | 4.400 | 4.800 | 5.140 | 5.550 | 5.940 |
| Announcement Date | 1/22/20 | 1/21/21 | 1/21/22 | 1/20/23 | 1/19/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 14,168 | 16,998 | 17,789 | - | 19,022 | 18,001 | 18,947 |
| EBITDA 1 | 2,872 | 4,012 | 4,407 | - | 4,483 | 4,486 | 4,734 |
| EBIT | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - |
| Net income | - | - | - | -11,090 | - | - | - |
| Net margin | - | - | - | - | - | - | - |
| EPS | - | - | - | -3.620 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 1/20/23 | 4/21/23 | 7/17/23 | 10/19/23 | 1/19/24 | 4/18/24 | - |
1SEK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 51,682 | 19,812 | 14,491 | 10,263 | 13,938 | 7,700 | 7,700 | 7,700 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.184 x | 2.231 x | 1.611 x | 0.9501 x | 0.793 x | 0.403 x | 0.3774 x | - |
| Free Cash Flow | 12,450 | 8,184 | 10,457 | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 27.1% | 12% | 39.9% | 1.26% | 19.2% | 6.98% | 6.72% | 6.41% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | 223.0 | 197.0 | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | 2,090 | 2,786 | 3,799 | - | - | - | - | - |
| Capex / Sales | 4.95% | 7.08% | 9.33% | - | - | - | - | - |
| Announcement Date | 1/22/20 | 1/21/21 | 1/21/22 | 1/20/23 | 1/19/24 | - | - | - |
1SEK in Million
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
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
269.8
SEK
Average target price
267.6
SEK
Spread / Average Target
-0.82%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +16.54% | 75.59B | |
| +53.03% | 16.95B | |
| +3.20% | 15.78B | |
| +7.21% | 13.87B | |
| -0.77% | 12.3B | |
| +9.67% | 12.04B | |
| +6.24% | 10.88B | |
| +34.86% | 10.17B | |
| -1.71% | 9.7B | |
| +53.23% | 7.88B |
- Stock Market
- Equities
- INVE A Stock
- Financials Investor AB
