Financials New Wave Group AB

Equities

NEWA B

SE0020356970

Apparel & Accessories

Delayed Nasdaq Stockholm 06:59:57 2024-04-30 am EDT 5-day change 1st Jan Change
101.9 SEK -0.97% Intraday chart for New Wave Group AB -7.78% +0.02%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 3,145 3,967 3,616 11,132 13,693 13,654 13,654 -
Enterprise Value (EV) 1 4,976 6,932 5,433 12,201 16,023 15,547 15,333 14,855
P/E ratio 8.65 x 10.6 x 9.89 x 14.6 x 11.7 x 12.1 x 12.6 x 10.8 x
Yield 4.22% - - 2.53% 3.15% 3.19% 3.51% 3.79%
Capitalization / Revenue 0.5 x 0.57 x 0.59 x 1.66 x 1.55 x 1.42 x 1.4 x 1.29 x
EV / Revenue 0.79 x 1 x 0.89 x 1.82 x 1.81 x 1.63 x 1.57 x 1.41 x
EV / EBITDA 8.87 x 9.03 x 7.01 x 9.89 x 9.13 x 8.45 x 9.65 x 8.23 x
EV / FCF 83.8 x -141 x 4.73 x 11.2 x -33.1 x 20.9 x 17.4 x 14.2 x
FCF Yield 1.19% -0.71% 21.1% 8.96% -3.02% 4.78% 5.74% 7.03%
Price to Book 0.92 x 1.06 x 0.94 x 2.44 x 2.33 x 2.09 x 1.9 x 1.72 x
Nbr of stocks (in thousands) 132,687 132,687 132,687 132,687 132,687 132,687 132,687 -
Reference price 2 23.70 29.90 27.25 83.90 103.2 102.9 102.9 102.9
Announcement Date 2/7/19 2/6/20 2/11/21 2/10/22 2/10/23 2/8/24 - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 6,291 6,904 6,099 6,719 8,844 9,513 9,766 10,570
EBITDA 1 560.7 768 775.4 1,233 1,754 1,840 1,589 1,804
EBIT 1 482.8 535 545.9 1,006 1,505 1,577 1,498 1,713
Operating Margin 7.67% 7.75% 8.95% 14.97% 17.02% 16.58% 15.34% 16.2%
Earnings before Tax (EBT) 1 441.8 466.7 481 962.9 1,450 1,439 1,374 1,599
Net income 1 360 370.1 363 760 1,169 1,119 1,080 1,259
Net margin 5.72% 5.36% 5.95% 11.31% 13.22% 11.76% 11.06% 11.91%
EPS 2 2.740 2.830 2.755 5.730 8.810 8.430 8.140 9.490
Free Cash Flow 1 59.4 -49.2 1,149 1,093 -483.7 743.5 880.7 1,045
FCF margin 0.94% -0.71% 18.84% 16.27% -5.47% 7.82% 9.02% 9.89%
FCF Conversion (EBITDA) 10.59% - 148.19% 88.65% - 40.4% 55.43% 57.92%
FCF Conversion (Net income) 16.5% - 316.56% 143.84% - 66.44% 81.54% 82.99%
Dividend per Share 2 1.000 - - 2.125 3.250 3.250 3.617 3.898
Announcement Date 2/7/19 2/6/20 2/11/21 2/10/22 2/10/23 2/8/24 - -
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 2,307 1,775 2,019 2,234 2,815 2,136 2,304 2,237 2,736 1,995 2,309 2,513 3,052 2,289 2,496
EBITDA 1 - 267.9 409.3 458.4 618.7 378.9 432.7 446.7 582.1 257.9 414 493 661 312 473
EBIT 1 403.3 209.1 351 397.8 547.2 313.5 363.9 381.1 518.7 185.5 339.5 417.5 584 238 397
Operating Margin 17.48% 11.78% 17.38% 17.8% 19.44% 14.68% 15.79% 17.04% 18.96% 9.3% 14.7% 16.61% 19.13% 10.4% 15.91%
Earnings before Tax (EBT) 1 393.4 199.5 340.6 384.8 525.2 285 328.8 345 480.6 154.3 306 385 552.5 210 369
Net income 1 308.5 153.5 264.9 304 446.2 222.2 259.6 270.9 366.4 121.3 240 302 433.5 164 288
Net margin 13.37% 8.65% 13.12% 13.61% 15.85% 10.41% 11.26% 12.11% 13.39% 6.08% 10.39% 12.02% 14.2% 7.16% 11.54%
EPS 2 - 1.155 1.995 2.290 3.365 1.675 1.960 2.040 2.760 0.9100 1.810 2.280 3.270 1.230 2.170
Dividend per Share 2 - - - - - - 3.250 - 1.630 - 1.750 - 1.750 - 1.800
Announcement Date 2/10/22 4/26/22 8/17/22 11/8/22 2/10/23 4/26/23 8/16/23 11/7/23 2/8/24 4/25/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 1,831 2,965 1,818 1,069 2,330 2,029 1,680 1,202
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.266 x 3.86 x 2.344 x 0.8667 x 1.328 x 1.102 x 1.057 x 0.666 x
Free Cash Flow 1 59.4 -49.2 1,149 1,093 -484 744 881 1,045
ROE (net income / shareholders' equity) 11.2% 10.3% 9.5% 18% 25% 18.7% 15.8% 16.7%
ROA (Net income/ Total Assets) 5.53% 8.82% 4.65% 10.2% 12.6% 10.3% 9.92% 10.9%
Assets 1 6,507 4,197 7,805 7,439 9,302 10,841 10,888 11,538
Book Value Per Share 2 25.90 28.30 29.00 34.40 44.40 48.70 54.00 59.90
Cash Flow per Share 2 1.680 - - - - 7.260 9.300 9.800
Capex 1 163 149 57.5 114 124 220 198 213
Capex / Sales 2.59% 2.15% 0.94% 1.7% 1.4% 2.32% 2.03% 2.01%
Announcement Date 2/7/19 2/6/20 2/11/21 2/10/22 2/10/23 2/8/24 - -
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
BUY
Number of Analysts
3
Last Close Price
102.9 SEK
Average target price
126.7 SEK
Spread / Average Target
+23.10%
Consensus
  1. Stock Market
  2. Equities
  3. NEWA B Stock
  4. Financials New Wave Group AB