Real-time Estimate
Cboe Europe
06:07:04 2024-05-17 am EDT
|
5-day change
|
1st Jan Change
|
177.3
SEK
|
+9.31%
|
|
+2.86%
|
+30.35%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,769
|
7,843
|
16,091
|
21,748
|
26,709
|
33,406
|
-
|
-
|
Enterprise Value (EV)
1 |
7,697
|
8,899
|
17,083
|
23,369
|
28,611
|
35,877
|
35,624
|
34,865
|
P/E ratio
|
19.8
x
|
21.5
x
|
41.4
x
|
38.1
x
|
35.1
x
|
36.9
x
|
32.3
x
|
30.3
x
|
Yield
|
2.5%
|
1.73%
|
1.26%
|
1.22%
|
1.23%
|
1.14%
|
1.29%
|
1.42%
|
Capitalization / Revenue
|
1.72
x
|
1.88
x
|
3.93
x
|
3.97
x
|
3.69
x
|
4.1
x
|
3.67
x
|
3.44
x
|
EV / Revenue
|
1.96
x
|
2.13
x
|
4.18
x
|
4.26
x
|
3.95
x
|
4.41
x
|
3.91
x
|
3.59
x
|
EV / EBITDA
|
13.4
x
|
12.4
x
|
24.9
x
|
21.4
x
|
19.7
x
|
21.2
x
|
18.9
x
|
17.5
x
|
EV / FCF
|
19.8
x
|
21.4
x
|
24.7
x
|
48.5
x
|
31.8
x
|
40.4
x
|
30.8
x
|
26.6
x
|
FCF Yield
|
5.05%
|
4.67%
|
4.05%
|
2.06%
|
3.14%
|
2.48%
|
3.25%
|
3.76%
|
Price to Book
|
4.49
x
|
4.66
x
|
8.67
x
|
9.76
x
|
8.88
x
|
9.49
x
|
8.1
x
|
7.03
x
|
Nbr of stocks (in thousands)
|
203,061
|
203,177
|
203,421
|
203,637
|
205,930
|
205,955
|
-
|
-
|
Reference price
2 |
33.33
|
38.60
|
79.10
|
106.8
|
129.7
|
162.2
|
162.2
|
162.2
|
Announcement Date
|
5/9/19
|
5/13/20
|
5/11/21
|
5/17/22
|
5/16/23
|
-
|
-
|
-
|
Fiscal Period: Maart |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,932
|
4,180
|
4,091
|
5,482
|
7,246
|
8,141
|
9,108
|
9,723
|
EBITDA
1 |
575
|
717
|
687
|
1,094
|
1,451
|
1,688
|
1,884
|
1,995
|
EBIT
1 |
451
|
483
|
529
|
781
|
1,062
|
1,246
|
1,403
|
1,496
|
Operating Margin
|
11.47%
|
11.56%
|
12.93%
|
14.25%
|
14.66%
|
15.31%
|
15.4%
|
15.39%
|
Earnings before Tax (EBT)
1 |
431
|
460
|
502
|
741
|
968
|
1,110
|
1,274
|
1,374
|
Net income
1 |
342
|
366
|
388
|
572
|
758
|
866
|
994.4
|
1,091
|
Net margin
|
8.7%
|
8.76%
|
9.48%
|
10.43%
|
10.46%
|
10.64%
|
10.92%
|
11.22%
|
EPS
2 |
1.683
|
1.797
|
1.910
|
2.800
|
3.700
|
4.391
|
5.029
|
5.347
|
Free Cash Flow
1 |
389
|
416
|
692
|
482
|
899
|
889
|
1,158
|
1,311
|
FCF margin
|
9.89%
|
9.95%
|
16.92%
|
8.79%
|
12.41%
|
10.92%
|
12.71%
|
13.48%
|
FCF Conversion (EBITDA)
|
67.65%
|
58.02%
|
100.73%
|
44.06%
|
61.96%
|
52.65%
|
61.48%
|
65.7%
|
FCF Conversion (Net income)
|
113.74%
|
113.66%
|
178.35%
|
84.27%
|
118.6%
|
102.66%
|
116.46%
|
120.14%
|
Dividend per Share
2 |
0.8333
|
0.6667
|
1.000
|
1.300
|
1.600
|
1.850
|
2.100
|
2.297
|
Announcement Date
|
5/9/19
|
5/13/20
|
5/11/21
|
5/17/22
|
5/16/23
|
-
|
-
|
-
|
Fiscal Period: März |
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
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
1,201
|
1,405
|
1,575
|
1,597
|
1,668
|
1,941
|
2,040
|
2,045
|
1,871
|
2,054
|
2,154
|
-
|
-
|
-
|
-
|
EBITDA
|
239
|
273
|
322
|
320
|
335
|
387
|
410
|
423
|
401
|
421
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
164
|
198
|
234
|
234
|
240
|
285
|
304
|
316
|
290
|
310
|
323
|
-
|
-
|
-
|
-
|
Operating Margin
|
13.66%
|
14.09%
|
14.86%
|
14.65%
|
14.39%
|
14.68%
|
14.9%
|
15.45%
|
15.5%
|
15.09%
|
15%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
156
|
191
|
214
|
232
|
214
|
251
|
272
|
277
|
258
|
284
|
270
|
-
|
-
|
-
|
-
|
Net income
1 |
116
|
148
|
169
|
179
|
168
|
199
|
213
|
209
|
204
|
225
|
211
|
-
|
-
|
-
|
-
|
Net margin
|
9.66%
|
10.53%
|
10.73%
|
11.21%
|
10.07%
|
10.25%
|
10.44%
|
10.22%
|
10.9%
|
10.95%
|
9.8%
|
-
|
-
|
-
|
-
|
EPS
2 |
0.5700
|
0.7200
|
0.8300
|
0.8800
|
0.8200
|
0.9700
|
1.030
|
1.010
|
0.9900
|
1.090
|
1.020
|
1.200
|
1.200
|
1.300
|
1.300
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
10/22/21
|
2/4/22
|
5/17/22
|
7/19/22
|
10/25/22
|
2/1/23
|
5/16/23
|
7/19/23
|
10/25/23
|
2/6/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
928
|
1,056
|
992
|
1,621
|
1,902
|
2,471
|
2,218
|
1,460
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.614
x
|
1.473
x
|
1.444
x
|
1.482
x
|
1.311
x
|
1.464
x
|
1.177
x
|
0.7314
x
|
Free Cash Flow
1 |
389
|
416
|
692
|
482
|
899
|
889
|
1,158
|
1,311
|
ROE (net income / shareholders' equity)
|
24%
|
23%
|
22%
|
28%
|
29%
|
28.1%
|
27.3%
|
24.5%
|
ROA (Net income/ Total Assets)
|
9.14%
|
8.92%
|
8.66%
|
10.6%
|
10.6%
|
10%
|
10%
|
9.62%
|
Assets
1 |
3,743
|
4,102
|
4,479
|
5,408
|
7,120
|
8,648
|
9,908
|
11,345
|
Book Value Per Share
2 |
7.430
|
8.290
|
9.120
|
10.90
|
14.60
|
17.10
|
20.00
|
23.10
|
Cash Flow per Share
2 |
2.280
|
2.490
|
3.840
|
2.910
|
-
|
3.500
|
5.800
|
7.000
|
Capex
1 |
73
|
91
|
90
|
112
|
171
|
172
|
191
|
201
|
Capex / Sales
|
1.86%
|
2.18%
|
2.2%
|
2.04%
|
2.36%
|
2.11%
|
2.09%
|
2.07%
|
Announcement Date
|
5/9/19
|
5/13/20
|
5/11/21
|
5/17/22
|
5/16/23
|
-
|
-
|
-
|
Last Close Price
162.2
SEK Average target price
153.8
SEK Spread / Average Target -5.21% Consensus |
1st Jan change
|
Capi.
|
---|
| +30.35% | 3.12B | | +15.20% | 893B | | 0.00% | 239B | | +26.31% | 176B | | -1.46% | 135B | | -4.65% | 74.53B | | -4.08% | 58.03B | | +41.05% | 37.96B | | -26.70% | 37.46B | | +16.68% | 30.95B |
Consumer Goods Conglomerates
|