Financials Lagercrantz Group AB

Equities

LAGR B

SE0014990966

Consumer Goods Conglomerates

Real-time Estimate Cboe Europe 06:07:04 2024-05-17 am EDT 5-day change 1st Jan Change
177.3 SEK +9.31% Intraday chart for Lagercrantz Group AB +2.86% +30.35%

Valuation

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 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

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 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

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 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

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 - - -
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
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
162.2 SEK
Average target price
153.8 SEK
Spread / Average Target
-5.21%
Consensus
  1. Stock Market
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  4. Financials Lagercrantz Group AB
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