Financials Lindab International AB

Equities

LIAB

SE0001852419

Electrical Components & Equipment

Market Closed - Nasdaq Stockholm 11:29:31 2024-04-26 am EDT 5-day change 1st Jan Change
215.4 SEK +2.28% Intraday chart for Lindab International AB +0.19% +8.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,129 13,011 24,576 9,764 15,301 16,554 - -
Enterprise Value (EV) 1 10,900 14,432 26,272 13,074 18,565 19,825 18,080 17,037
P/E ratio 13.5 x 21.8 x 45.9 x 10 x 18 x 17.9 x 14.2 x 12.6 x
Yield 3.01% 2% 1.24% 4.08% 2.71% 2.5% 2.6% 2.77%
Capitalization / Revenue 0.92 x 1.42 x 2.55 x 0.79 x 1.17 x 1.2 x 1.13 x 1.09 x
EV / Revenue 1.1 x 1.57 x 2.72 x 1.06 x 1.42 x 1.44 x 1.24 x 1.13 x
EV / EBITDA 8.29 x 11.2 x 16 x 7.23 x 10.4 x 10.3 x 8 x 6.93 x
EV / FCF 14.5 x 19.7 x 87.6 x 35.1 x 12.7 x 13.2 x 11.1 x 10.2 x
FCF Yield 6.91% 5.07% 1.14% 2.85% 7.86% 7.6% 8.97% 9.82%
Price to Book 1.82 x 2.51 x 4.35 x 1.45 x 2.11 x 2.13 x 1.94 x 1.69 x
Nbr of stocks (in thousands) 76,332 76,357 76,467 76,642 76,852 76,852 - -
Reference price 2 119.6 170.4 321.4 127.4 199.1 215.4 215.4 215.4
Announcement Date 2/6/20 2/9/21 2/11/22 2/9/23 2/7/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,872 9,166 9,648 12,366 13,114 13,743 14,599 15,140
EBITDA 1 1,315 1,284 1,645 1,808 1,781 1,931 2,259 2,460
EBIT 1 915 916 1,266 1,325 1,178 1,346 1,616 1,770
Operating Margin 9.27% 9.99% 13.12% 10.71% 8.98% 9.79% 11.07% 11.69%
Earnings before Tax (EBT) 1 881 811 1,223 1,238 1,008 1,194 1,501 1,691
Net income 1 678 596 537 974 849 921.7 1,159 1,311
Net margin 6.87% 6.5% 5.57% 7.88% 6.47% 6.71% 7.94% 8.66%
EPS 2 8.890 7.800 7.000 12.70 11.07 12.03 15.12 17.13
Free Cash Flow 1 753 731 300 372 1,460 1,508 1,622 1,672
FCF margin 7.63% 7.98% 3.11% 3.01% 11.13% 10.97% 11.11% 11.05%
FCF Conversion (EBITDA) 57.26% 56.93% 18.24% 20.58% 81.98% 78.07% 71.81% 68%
FCF Conversion (Net income) 111.06% 122.65% 55.87% 38.19% 171.97% 163.56% 139.95% 127.57%
Dividend per Share 2 3.600 3.400 4.000 5.200 5.400 5.379 5.593 5.960
Announcement Date 2/6/20 2/9/21 2/11/22 2/9/23 2/7/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 2,488 2,560 2,733 3,171 3,239 3,223 3,224 3,365 3,251 3,274 3,300 3,408 3,442 3,532 3,487
EBITDA 1 - 393 429 514 489 379 406 450 506 419 435 482.5 542 512 527
EBIT 1 - 311 340 402 361 244 264 302 351 261 278.5 323.5 383.5 352 314
Operating Margin - 12.15% 12.44% 12.68% 11.15% 7.57% 8.19% 8.97% 10.8% 7.97% 8.44% 9.49% 11.14% 9.97% 9%
Earnings before Tax (EBT) 1 - 298 307 381 335 215 230 263 306 209 247 269 337 306 280
Net income 1 - 221 236 300 267 171 180 240 239 190 190 207 259 236 216
Net margin - 8.63% 8.64% 9.46% 8.24% 5.31% 5.58% 7.13% 7.35% 5.8% 5.76% 6.07% 7.52% 6.68% 6.19%
EPS 2 - 2.870 3.080 3.910 3.470 2.240 2.350 3.130 3.110 2.480 2.445 2.920 3.530 3.230 2.810
Dividend per Share - - - - - - - - - 2.800 - - - - -
Announcement Date 10/29/21 2/11/22 4/28/22 7/20/22 10/25/22 2/9/23 5/3/23 7/21/23 10/26/23 2/7/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,771 1,421 1,696 3,310 3,264 3,271 1,526 484
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.347 x 1.107 x 1.031 x 1.831 x 1.833 x 1.694 x 0.6756 x 0.1966 x
Free Cash Flow 1 753 731 300 372 1,460 1,508 1,622 1,673
ROE (net income / shareholders' equity) 14.3% 11.6% 9.9% 15.7% 12.1% 12.3% 14.3% 14.6%
ROA (Net income/ Total Assets) 7.87% 6.33% 5.45% 8.37% 6.4% 6.7% 8.25% 8.86%
Assets 1 8,620 9,421 9,855 11,631 13,258 13,758 14,040 14,797
Book Value Per Share 2 65.90 67.80 73.90 88.10 94.20 101.0 111.0 127.0
Cash Flow per Share 13.30 - - - - - - -
Capex 1 264 398 375 319 251 319 301 293
Capex / Sales 2.67% 4.34% 3.89% 2.58% 1.91% 2.32% 2.06% 1.93%
Announcement Date 2/6/20 2/9/21 2/11/22 2/9/23 2/7/24 - - -
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
215.4 SEK
Average target price
241.7 SEK
Spread / Average Target
+12.19%
Consensus
  1. Stock Market
  2. Equities
  3. LIAB Stock
  4. Financials Lindab International AB