Financials Solnaberg Property AB

Equities

SOLNA

SE0009155211

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm 05:40:45 2024-04-30 am EDT 5-day change 1st Jan Change
100 SEK +0.20% Intraday chart for Solnaberg Property AB +0.20% +4.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 466.2 571.5 609.1 646.7 488.8 361
Enterprise Value (EV) 1 932.9 1,050 1,099 1,140 1,014 892
P/E ratio 91.2 x 292 x 132 x 127 x -245 x -59.9 x
Yield 6.45% 5.26% 6.17% 5.81% 3.85% 5.21%
Capitalization / Revenue 7.88 x 9.35 x 9.7 x 10.1 x 7.6 x 4.78 x
EV / Revenue 15.8 x 17.2 x 17.5 x 17.8 x 15.8 x 11.8 x
EV / EBITDA 19.6 x 23.9 x 23.4 x 23.4 x 24.4 x 15.9 x
EV / FCF 19.1 x 26.2 x 25.5 x 29.2 x 23.5 x 56.3 x
FCF Yield 5.23% 3.82% 3.91% 3.42% 4.26% 1.78%
Price to Book 1.52 x 2.05 x 2.46 x 3 x 2.78 x 2.39 x
Nbr of stocks (in thousands) 3,760 3,760 3,760 3,760 3,760 3,760
Reference price 2 124.0 152.0 162.0 172.0 130.0 96.00
Announcement Date 4/1/19 4/23/20 4/13/21 4/12/22 4/11/23 4/11/24
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 59.15 61.13 62.77 64.2 64.28 75.56
EBITDA 1 47.71 43.89 46.88 48.69 41.47 56.28
EBIT 1 14.16 9.979 12.41 13.14 7.847 21.22
Operating Margin 23.94% 16.32% 19.78% 20.46% 12.21% 28.08%
Earnings before Tax (EBT) 1 7.297 2.627 5.876 6.494 -2.433 -4.462
Net income 1 5.131 1.965 4.613 5.096 -1.988 -6.027
Net margin 8.67% 3.21% 7.35% 7.94% -3.09% -7.98%
EPS 2 1.360 0.5200 1.230 1.350 -0.5300 -1.603
Free Cash Flow 1 48.77 40.13 43.04 38.99 43.16 15.86
FCF margin 82.46% 65.65% 68.57% 60.72% 67.15% 20.99%
FCF Conversion (EBITDA) 102.23% 91.44% 91.79% 80.07% 104.08% 28.18%
FCF Conversion (Net income) 950.65% 2,042.94% 933.02% 765.08% - -
Dividend per Share 2 8.000 8.000 10.00 10.00 5.000 5.000
Announcement Date 4/1/19 4/23/20 4/13/21 4/12/22 4/11/23 4/11/24
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 467 478 490 493 525 531
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.781 x 10.9 x 10.46 x 10.12 x 12.65 x 9.437 x
Free Cash Flow 1 48.8 40.1 43 39 43.2 15.9
ROE (net income / shareholders' equity) 1.6% 0.67% 1.75% 2.2% -1.02% -3.68%
ROA (Net income/ Total Assets) 1.02% 0.72% 0.92% 0.99% 0.61% 1.72%
Assets 1 504.8 271.3 502.5 512.7 -327.2 -351.2
Book Value Per Share 2 81.70 74.30 66.00 57.30 46.80 40.20
Cash Flow per Share 2 12.60 13.70 10.60 15.20 6.720 5.030
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/1/19 4/23/20 4/13/21 4/12/22 4/11/23 4/11/24
1SEK in Million2SEK
Estimates
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