Market Closed -
Nasdaq Stockholm
11:29:32 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
281.3
SEK
|
-3.00%
|
|
-2.87%
|
+3.04%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
43,618
|
40,124
|
54,451
|
61,699
|
58,907
|
60,698
|
-
|
-
|
Enterprise Value (EV)
1 |
48,328
|
44,701
|
62,091
|
70,681
|
68,246
|
68,931
|
68,083
|
69,626
|
P/E ratio
|
26.5
x
|
21.1
x
|
25.4
x
|
26
x
|
25.1
x
|
22.5
x
|
20.7
x
|
20
x
|
Yield
|
3.48%
|
3.91%
|
2.98%
|
2.85%
|
3.11%
|
2.99%
|
3.18%
|
3.33%
|
Capitalization / Revenue
|
0.86
x
|
0.75
x
|
0.94
x
|
0.84
x
|
0.73
x
|
0.72
x
|
0.69
x
|
0.67
x
|
EV / Revenue
|
0.95
x
|
0.83
x
|
1.07
x
|
0.96
x
|
0.84
x
|
0.82
x
|
0.77
x
|
0.77
x
|
EV / EBITDA
|
10.9
x
|
9.39
x
|
12.2
x
|
12.4
x
|
10.8
x
|
9.81
x
|
9.14
x
|
9.2
x
|
EV / FCF
|
22.3
x
|
11.9
x
|
22.5
x
|
21.2
x
|
17.7
x
|
16.6
x
|
14.5
x
|
14
x
|
FCF Yield
|
4.49%
|
8.44%
|
4.45%
|
4.72%
|
5.66%
|
6.01%
|
6.88%
|
7.16%
|
Price to Book
|
10.8
x
|
9.29
x
|
11
x
|
9.34
x
|
8.61
x
|
8.06
x
|
7.07
x
|
6.41
x
|
Nbr of stocks (in thousands)
|
209,299
|
209,199
|
209,105
|
215,805
|
215,778
|
215,778
|
-
|
-
|
Reference price
2 |
208.4
|
191.8
|
260.4
|
285.9
|
273.0
|
281.3
|
281.3
|
281.3
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/3/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
50,740
|
53,696
|
57,891
|
73,474
|
81,111
|
84,315
|
87,930
|
90,783
|
EBITDA
1 |
4,434
|
4,762
|
5,103
|
5,716
|
6,345
|
7,024
|
7,452
|
7,567
|
EBIT
1 |
2,288
|
2,510
|
2,690
|
3,229
|
3,602
|
3,833
|
4,086
|
4,245
|
Operating Margin
|
4.51%
|
4.67%
|
4.65%
|
4.39%
|
4.44%
|
4.55%
|
4.65%
|
4.68%
|
Earnings before Tax (EBT)
1 |
2,173
|
2,393
|
2,582
|
2,935
|
3,037
|
3,476
|
3,770
|
3,875
|
Net income
1 |
1,648
|
1,908
|
2,150
|
2,360
|
2,357
|
2,716
|
2,944
|
3,055
|
Net margin
|
3.25%
|
3.55%
|
3.71%
|
3.21%
|
2.91%
|
3.22%
|
3.35%
|
3.36%
|
EPS
2 |
7.850
|
9.090
|
10.24
|
10.99
|
10.87
|
12.53
|
13.58
|
14.10
|
Free Cash Flow
1 |
2,169
|
3,771
|
2,765
|
3,334
|
3,861
|
4,143
|
4,685
|
4,983
|
FCF margin
|
4.27%
|
7.02%
|
4.78%
|
4.54%
|
4.76%
|
4.91%
|
5.33%
|
5.49%
|
FCF Conversion (EBITDA)
|
48.92%
|
79.19%
|
54.18%
|
58.33%
|
60.85%
|
58.98%
|
62.87%
|
65.85%
|
FCF Conversion (Net income)
|
131.61%
|
197.64%
|
128.6%
|
141.27%
|
163.81%
|
152.53%
|
159.1%
|
163.12%
|
Dividend per Share
2 |
7.250
|
7.500
|
7.750
|
8.150
|
8.500
|
8.422
|
8.933
|
9.358
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/3/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
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 |
17,062
|
16,593
|
18,468
|
18,674
|
19,740
|
19,252
|
20,797
|
20,293
|
20,769
|
20,252
|
21,505
|
21,064
|
21,493
|
21,286
|
22,401
|
EBITDA
1 |
1,373
|
1,479
|
1,433
|
1,617
|
1,188
|
1,398
|
1,630
|
1,794
|
1,523
|
1,619
|
1,751
|
1,984
|
1,676
|
1,752
|
1,891
|
EBIT
1 |
653
|
653
|
828
|
1,015
|
734
|
750
|
942
|
1,095
|
815
|
817
|
968.7
|
1,187
|
867.7
|
910
|
1,080
|
Operating Margin
|
3.83%
|
3.94%
|
4.48%
|
5.44%
|
3.72%
|
3.9%
|
4.53%
|
5.4%
|
3.92%
|
4.03%
|
4.5%
|
5.64%
|
4.04%
|
4.28%
|
4.82%
|
Earnings before Tax (EBT)
1 |
705
|
794
|
749
|
942
|
450
|
615
|
801
|
956
|
665
|
724
|
875.4
|
1,094
|
773.7
|
824
|
996
|
Net income
1 |
610
|
690
|
586
|
735
|
350
|
475
|
632
|
729
|
522
|
561
|
691.3
|
862.3
|
608.3
|
647
|
782
|
Net margin
|
3.58%
|
4.16%
|
3.17%
|
3.94%
|
1.77%
|
2.47%
|
3.04%
|
3.59%
|
2.51%
|
2.77%
|
3.21%
|
4.09%
|
2.83%
|
3.04%
|
3.49%
|
EPS
2 |
2.910
|
3.300
|
2.740
|
3.390
|
1.610
|
2.190
|
2.910
|
3.360
|
2.410
|
2.590
|
3.180
|
3.860
|
2.675
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/3/22
|
4/21/22
|
7/15/22
|
10/20/22
|
2/1/23
|
4/26/23
|
7/14/23
|
10/25/23
|
2/1/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,710
|
4,577
|
7,640
|
8,982
|
9,339
|
8,233
|
7,384
|
8,928
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.062
x
|
0.9612
x
|
1.497
x
|
1.571
x
|
1.472
x
|
1.172
x
|
0.991
x
|
1.18
x
|
Free Cash Flow
1 |
2,169
|
3,771
|
2,765
|
3,334
|
3,861
|
4,143
|
4,685
|
4,983
|
ROE (net income / shareholders' equity)
|
39.6%
|
45.7%
|
46.3%
|
40.8%
|
35%
|
36.9%
|
35.3%
|
33.1%
|
ROA (Net income/ Total Assets)
|
11.2%
|
10.6%
|
10.1%
|
9.02%
|
8.04%
|
9.12%
|
9.71%
|
10.5%
|
Assets
1 |
14,780
|
18,068
|
21,273
|
26,175
|
29,318
|
29,774
|
30,327
|
29,123
|
Book Value Per Share
2 |
19.20
|
20.60
|
23.60
|
30.60
|
31.70
|
34.90
|
39.80
|
43.90
|
Cash Flow per Share
2 |
17.00
|
23.10
|
21.90
|
27.70
|
26.80
|
28.00
|
28.10
|
28.40
|
Capex
1 |
1,386
|
1,080
|
3,842
|
2,593
|
1,946
|
1,736
|
1,633
|
1,592
|
Capex / Sales
|
2.73%
|
2.01%
|
6.64%
|
3.53%
|
2.4%
|
2.06%
|
1.86%
|
1.75%
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/3/22
|
2/1/23
|
2/1/24
|
-
|
-
|
-
|
Last Close Price
281.3
SEK Average target price
293
SEK Spread / Average Target +4.16% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.04% | 5.54B | | -7.21% | 38.45B | | +11.52% | 35.53B | | +9.36% | 33.86B | | +9.52% | 20.2B | | +1.92% | 14.29B | | -17.40% | 12.77B | | +16.48% | 11.85B | | -.--% | 11.82B | | -3.89% | 11.75B |
Supermarkets & Convenience Stores
|