SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB Financials Samhällsbyggnadsbolaget i Norden AB
Equities
SBB B
SE0009554454
Real Estate Development & Operations
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.322 SEK | -5.76% |
|
+15.44% | +5.09% |
| May. 06 | Transcript : Samhällsbyggnadsbolaget i Norden AB, Q1 2024 Earnings Call, May 06, 2024 | |
| May. 06 | Sweden's SBB cuts property value further as loss narrows | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 21,956 | 43,303 | 102,616 | 28,937 | 8,539 | 9,110 | - | - |
| Enterprise Value (EV) 1 | 65,659 | 84,963 | 180,721 | 111,052 | 66,572 | 77,865 | 71,755 | 72,702 |
| P/E ratio | 7.86 x | 4.47 x | 3.86 x | -2.4 x | -0.31 x | 8.59 x | 6.64 x | 10.9 x |
| Yield | 2.61% | 3.49% | 1.99% | 8.29% | - | - | 1.88% | - |
| Capitalization / Revenue | 11 x | 8.46 x | 17.3 x | 3.89 x | 1.28 x | 2.22 x | 1.92 x | 2.05 x |
| EV / Revenue | 32.9 x | 16.6 x | 30.5 x | 14.9 x | 9.99 x | 18.9 x | 15.1 x | 16.4 x |
| EV / EBITDA | 57.5 x | 25.4 x | 27.8 x | 33.3 x | 16.5 x | 36 x | 24.6 x | 31 x |
| EV / FCF | -1.37 x | -7.88 x | -4.14 x | 108 x | -7.58 x | 88.2 x | 48.5 x | 47.9 x |
| FCF Yield | -73.2% | -12.7% | -24.1% | 0.93% | -13.2% | 1.13% | 2.06% | 2.09% |
| Price to Book | 0.98 x | 0.74 x | 1.21 x | 0.57 x | 0.22 x | 0.72 x | 0.77 x | 0.61 x |
| Nbr of stocks (in thousands) | 916,203 | 1,501,535 | 1,645,008 | 1,648,008 | 1,648,482 | 1,648,482 | - | - |
| Reference price 2 | 22.95 | 28.66 | 66.42 | 17.38 | 5.064 | 5.322 | 5.322 | 5.322 |
| Announcement Date | 2/19/20 | 2/23/21 | 2/23/22 | 2/23/23 | 2/27/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,996 | 5,121 | 5,930 | 7,447 | 6,667 | 4,110 | 4,741 | 4,435 |
| EBITDA 1 | 1,141 | 3,349 | 6,490 | 3,339 | 4,043 | 2,161 | 2,916 | 2,348 |
| EBIT 1 | 1,138 | 3,347 | 6,571 | 3,329 | 4,037 | 2,489 | 3,112 | 2,677 |
| Operating Margin | 57.01% | 65.36% | 110.81% | 44.7% | 60.55% | 60.57% | 65.63% | 60.37% |
| Earnings before Tax (EBT) 1 | 3,137 | 10,341 | 29,474 | -10,548 | -26,578 | -3,201 | 1,944 | 1,672 |
| Net income 1 | 2,624 | 9,010 | 24,831 | -9,634 | -23,204 | -2,433 | 1,560 | 1,063 |
| Net margin | 131.46% | 175.94% | 418.74% | -129.37% | -348.04% | -59.2% | 32.91% | 23.96% |
| EPS 2 | 2.920 | 6.410 | 17.21 | -7.230 | -16.60 | 0.6196 | 0.8019 | 0.4900 |
| Free Cash Flow 1 | -48,094 | -10,783 | -43,642 | 1,030 | -8,779 | 883 | 1,479 | 1,518 |
| FCF margin | -2,409.52% | -210.56% | -735.95% | 13.83% | -131.68% | 21.49% | 31.2% | 34.23% |
| FCF Conversion (EBITDA) | - | - | - | 30.85% | - | 40.86% | 50.73% | 64.64% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 94.78% | 142.86% |
| Dividend per Share 2 | 0.6000 | 1.000 | 1.320 | 1.440 | - | - | 0.1000 | - |
| Announcement Date | 2/19/20 | 2/23/21 | 2/23/22 | 2/23/23 | 2/27/24 | - | - | - |
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 | 1,695 | 1,831 | 1,878 | 1,888 | 1,850 | 1,725 | 1,747 | 1,793 | 1,402 | 1,109 | 1,025 | 983.9 | 991.8 | 1,125 | - |
| EBITDA 1 | - | 1,076 | 1,060 | 444 | -135 | - | 1,149 | 1,131 | 684 | 533 | 569.4 | 591.5 | 487 | - | - |
| EBIT 1 | 3,259 | 1,523 | 1,060 | 440 | -139 | 841 | 1,149 | 1,131 | 684 | 528 | 655 | 683 | 565 | 625 | - |
| Operating Margin | 192.27% | 83.18% | 56.44% | 23.31% | -7.51% | 48.75% | 65.77% | 63.08% | 48.79% | 47.61% | 63.91% | 69.42% | 56.97% | 55.56% | - |
| Earnings before Tax (EBT) 1 | 13,728 | 3,472 | -2,612 | -2,566 | -8,842 | -3,959 | -11,101 | -6,115 | -5,398 | -1,302 | -1,234 | -315.6 | -347.3 | 334.2 | 289.1 |
| Net income 1 | 12,528 | 2,926 | -2,668 | -1,987 | -7,904 | -5,577 | -8,744 | -4,669 | -4,213 | -1,050 | -881.9 | -238.1 | -262 | 134.6 | 218 |
| Net margin | 739.12% | 159.8% | -142.07% | -105.24% | -427.24% | -323.3% | -500.52% | -260.4% | -300.5% | -94.68% | -86.05% | -24.2% | -26.41% | 11.96% | - |
| EPS 2 | - | - | -1.990 | -1.530 | -5.580 | -4.000 | -6.180 | -3.370 | -3.050 | -0.9400 | 0.2100 | 0.1500 | 0.0900 | 0.1300 | - |
| Dividend per Share 2 | 1.320 | - | - | - | 1.440 | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 4/27/22 | 7/14/22 | 10/27/22 | 2/23/23 | 4/28/23 | 7/14/23 | 11/13/23 | 2/27/24 | 5/6/24 | - | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 43,703 | 41,660 | 78,105 | 82,115 | 58,033 | 68,755 | 62,645 | 63,592 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 38.3 x | 12.44 x | 12.03 x | 24.59 x | 14.35 x | 31.82 x | 21.49 x | 27.08 x |
| Free Cash Flow 1 | -48,094 | -10,783 | -43,642 | 1,030 | -8,779 | 883 | 1,479 | 1,518 |
| ROE (net income / shareholders' equity) | 13.2% | 22.3% | 38% | -13% | -46% | 2.5% | 4.63% | 5.36% |
| ROA (Net income/ Total Assets) | 3.98% | 8.03% | 15.8% | -5.31% | -16.9% | 0.8% | 0.97% | 0.6% |
| Assets 1 | 65,921 | 112,205 | 157,487 | 181,444 | 137,663 | -304,118 | 161,619 | 177,092 |
| Book Value Per Share 2 | 23.30 | 38.90 | 55.00 | 30.50 | 23.10 | 7.430 | 6.880 | 8.750 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 19 | 3 | 31 | - | - | 1,639 | 902 | 760 |
| Capex / Sales | 0.95% | 0.06% | 0.52% | - | - | 39.88% | 19.03% | 17.14% |
| Announcement Date | 2/19/20 | 2/23/21 | 2/23/22 | 2/23/23 | 2/27/24 | - | - | - |
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
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
5.322
SEK
Average target price
10.3
SEK
Spread / Average Target
+93.54%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.09% | 851M | |
| +17.32% | 30.03B | |
| -5.15% | 28.11B | |
| +26.23% | 26.23B | |
| +17.21% | 25.22B | |
| +40.97% | 22.31B | |
| +20.06% | 23.18B | |
| -4.42% | 18.21B | |
| +13.13% | 18.4B | |
| +9.98% | 16.41B |
- Stock Market
- Equities
- SBB B Stock
- Financials Samhällsbyggnadsbolaget i Norden AB
